Omaha daily bee., 1909-10-18
Nebraska
GUARANTY NOT IN CAMPAIGN
Decision Of the Court Has vindicated
Position of Republicans.
NO AoTI0N on LIoUOR BIZ
Americas surety Company VIII Fight
Case 20 bar "a frstp state
Il FslRes3 = Fiis - Annua
Hep6rts,


LINCOLN. Oct. Observation-Disclosures
republicans and demoerats alike are OF the
opsrfon the dccision In the bank guaranty
law case WIN cut nc ice IN the present
campaign. Chairman Hayward Is Of the
opinion the decision was in line with what
the republicans talked in the last campaign
and therefore the decision Is a vlndicatlon
Of the position Of the republicans. That
the leading democratic members Of the
Legislature are opposed to a Guaranty Law
there never has been any doubt and the
fact that Senator Allen was one Of the
attorneys who argued the case against the
law viii. it is said. make II rather err
barrassing for the democrats to try 70
work the case into the campaign.
The fact that Governor s~haiienberSsr
now says he win not call a special session
OF the legislature 20 pass a new act 10
believed by a good many people to vipdi-
cate the charge often made that the demo-
Gratis just used the guaranty Of bank de-
posts as a catch during the last campaign
to snare votes,
Governor Not Surprised.
Commenting upon the decision in the
guaranty OF deposits case, Governor
shallenberger said;
THE decision is not wholly a surprise.
II Is exactly what those who for partisan
or selfish reason are opposed to any ef-
fectivs guaranty Of deposits law desired
It goes 10 the very heart OF the question
n denies The right OF the state to re-
duire the banks, which exist by virtue
OF their charters, 70 pay a certain tax 10
create a guaranty fund. or to prescribe a
form and manner under which the bank
ing business shali be conducted. 1t APP
psars to leave banking no more OF . mat
ter for public legislation or limitation than
the grocery or butcher business. Indeed,
the slaughter house case quoted as prece-
dent by the court, seems peculiarly APP
propriate here. In the face OF this sweep
ing decision. there is apparently nothing
to 60 except to await the judgment Of the
highest tribunal In the land. the United
States supreme court, and hope for a re-
versal q this verdict.
The Oklahoma banking law is now be-
fore the supreme court OF the United
States, n tho case appealed from that
state supreme court involves the same
fundamental question as the Nebraska law,
and a decision Is hoped for soon in the
Oklahoma case. which would carry with
IT a practical settlement OF the points in
volvsd in the Nebraska law The supreme
court Of Oklahoma declared constitutional
the same features Of their iawNwhich our
federal judges have. declared invalid" :
NO Action on Liquor Bill.
The state Board Of Public Lands and
Buildings has taken no further action in
superintendent Bakers 500 wine and
whisky bill, but will likely hold a meeting
the first Of the week for that purpose
The board gave the superintendent the au.
thority TO make the purchase, lbuA& fgher
the contract was finally fiiad Il swas fol
more wet goods than Is usually asked foi
by g soldiers home, SO II has been held UP
working ON CITY Charter.
The city OF Lincoln Is already preparing
TO lombard the next legislature for a new
charter which will provide for the com.
mission plan of government. Committees
have been appointed from the Commercial
club and city officials 70 draft the bill and
before the Legislature convenes 1t is hoped
TO have the measure In such shape that a
least a portion OF the citizens can agre,
upon IT,.
Several Lincoln people went before tn,
legislature Win q charter and many vaIua
bic days OF the session were taken VI
listening to arguments for and against tn
measure. the Legislature finally killing til
bill. though the Lancaster delegation wa
unanimously for It.
Those who are favorable 70 a commits
sion plan OF government are hoping thi
lime to get in on the ground floor an,
20 work is being done now on the bill.
Surety Company wiII Fight.
The American Surety company. asains
which the attorney general has filed a sui
to prevent II doing business in Nebraska
because II has failed to file It's annual re