The Norfolk weekly news-journal., 1909-03-05
HOUSE BOOSTS
BANKING BILL
Proposed Law Is GlvJn the
Right Of Way.
AMENDMENTS VOTED DOWN

Only Exception Is One by Taylor Of
Custer Providing That State Money
Must BE Deposited in Banks Ap
proved by Board.
Lincoln, March 1.-THE legislature
got busy in earnest and the steam
roller was put in motion to hurry mat
ters along. This was especially true
In the house, whore the bank guaranty
bill was to the fore and half of 1t
was read during the first session, the
remainder being made special order
for tomorrow. This means that it will
be continually before the house until
disposed of. Several amendments, Of
fored by different members, were
quickly voted down, except where of
fered by the banking committee.
There was but one exception, and that
was an amendment by Taylor of Gus
! ter who secured the insertion of an
amendment providing that the state
money must be deposited in banks APP
! proved by the state banking board, of
which the governor is made chairman.
| Several amendments were offered by
| the Republicans, by which it was
hoped to secure more power to the
individual members of the board, but
all fell by the wayside. The opponents
of the bill claimed too much power
was centered in the governor.
One important amendment was
made which provides that stockholders
in banks must have other property of
twice the value of their bank stock
Representative Chase declared that
the legislature was taking upon itself
grave responsibility in placing the
! governor at the head of all the banks
of the state. He complimented the
governor on being good banker, but
his speech received slight attention.
Committee reports were declared in
order Immediately after the house con
vened and Kuhl moved that the bank
ing bill be taken up in committee OF
the whole. Despite the protests of
the Republicans, who declared the
measure was being unceremoniously
rushed through, the motion prevailed.
On a point of personal privilege, w.
B. Linch of South Omaha got the floor
long enough to deny reports that he
had been in Lincoln last Friday in the
interest of insurance bills, declaring
that he had sufficient proof that he
was at home all day.
Ollis-ketchum Bill Passes Senate.
The bill of Senator Oils and Sena-
tor Ketchum, amending the direct pri
mary law passed by the last legisla-
ture, was passed by the senate. The
bill changes the date of the primary
election from the first Tuesday in
September to the second Tuesday in
August, largely on account of so many
of the farmers being in attendance at
the state fair on the other date.
The state convention will meet at
Lincoln on the first Tuesday in Sep |
tember formulate platform and elect |
a state central committee.
1t provides for a rotary secret bal |
lot, although the man is compelled to |
vote only for his own party candidate, |
or at least vote for candidates of one |
party only. Any voter may write in |
the name of any candidate for whom |
he wishes to vote if the name is not |
on the ticket, and should such person |
receive a majority of the votes he |
shall be considered the candidate,
provided he files acceptance of nomin.
alton within ten days.
In the senate, charter bills were con.
sidered, that of Lincoln being singled |
out particularly for consideration.
Later, however, the measure providing |
uniform charters for small cities was
considered, several members declaring
it was necessary to secure early action
because several small cities were con,
sdering the granting of franchises to
public service corporations without
their being submitted to the people,
Visiting Committee Divided on Report.
There was a divided opinion when
the committee on soldiers homes
made its report as to whether the
homes at Grand Island and Milford
have been poorly managed or not. d.
M. Nettleton, chairman, w. B, Raper,
M. A. Bates, w. z. Taylor, j. w. Sink,
F. p. Lawrence and w. j. Blystone
signed a report which declared that
conditions were as good as could be
expected, w. S. Shoemaker and Henry
Scheele signed minority report in
which was recited things which they
thought tended to show lack of man.
agement.
Would-Be Murderer Kills Self.