Carson City daily appeal. [volume] (Carson City, Nev.) 1907-1930, 1909-01-16

This from a Republican paper is
timely and as nearly Democratic as
can be for one that is not a Demo.
crat:
The Nevada state legislature will
soon convene at Carson City. avow-
edly for the purpose of enacting leg
islation which is needed; correcting
legislation which has proven faulty,
and creating a budget out of which
the expenses of the state may be
paid for the next two years. What
will Shis new Legislature do?
Tks Bonanza has already shown
that there is an army OF clerks.
deputies, stenographers and hangers
on. connected with the state admin
istration, and which have practically
nothing to do but to draw salaries
has shown that there are even de-
partments which might we'll be cut
OFF from the enormous pay roll OF
the state: that many of the state
officials, who are required by the
provisions of the law to reside in
and maintain their offices in carson
City. absolutely make no pretense at
tIre going to do about these things?
Then is new legislation to come
mp. Among other things the south
crn end of Nye county will petition
for amputation from the northern
end OF the county. Time may come
when this will be feasible, for it is a
long journey from, say Rhyolite. to
theCounty seat However. at this
time. the people of Nye county have
sufficient tax burden with the en-
tire county bearing t. ana it is only
the united effort of the whole county
the loyalty of each part of the county
to the other, which will enable Nye
county to grow to the point where
it will be sufficiently popuous and
sufficiently wealthy for that dividing
line across its center
A bill asing for the creation OF
an inspector of mines will also come
up. II the mine inspector is a man
qualified for his position, and who
will faithfully fill it,, backed by laws
regarding mine equipment and con-
struCtion which are conservative and
sensible, let him be appointed. But
we don't want such an official merely
in the payment of a political debt.
Banking legislation will also come
up. and here. too. there is much room
Tor wise and sane Legislation. The
depositors of the banks throughout
the state must be safeguarded, and
at the same time the banking busi-
ness not placed under prohibitory or
conhscatOry restrictions. There must
be some provision made whereby re-
sponsiblity may be placed when
bank or other firm fais-whereby
the stockholders and officials of the
defunct concern may be held per-
sonally responsible, according to the
extent of their holdings. to the de-
positiors. and without tiresome, ex-
pensivc legal proceedings. AS the
laws OF the state now stand, the of
iicials. directors and stockholders in
q bank which fails merely shrug their
shoulders and say: Il cant explain
it," or bad loans" and the depositor
has not even the satisfaction of
whistling for his money.
The wildcat mining promoter
should also come in for close at
tention from the Legislature, but
will he? A wide reaching law regu-
lating the formation of stock COM
panies, the expenditure of monies en-
trusted to these companies by pur-
chasers of stock, and providing for
at least scmi-annuai publication of
the operations and financial affairs
Of the concern-embodying expendi-
tures-should be passed. And this
law should make it felony for falsi-
fication of published reports of this
character, or for any violation of it's
terms. 1t is by means of assuring
the wildcat promoter term in the
penitentary that this evil will be
stamped out of Nevada. Wildcatting
has already been more disastrous
to the mining industry Of this state
than the so-called panic, by a thous-
and tines and these same wildcat
flotations. by which millions of dol