Daily Arizona silver belt., 1909-01-21

Iormed are uolng busineSS Tn all parts of the United States, and the absence of restof restrictions on our part affords unlimited opportunities for frauds upon investors in the shares and upon credi- tors of such corporations The fact that some of the states are competing for this business and are placing substan- tially no restrictions upon the formation of tramp corporations, does not in any way eyeuse our territory for doing the same thing.
 ''I recommend that you carefully re- wise the law for interpretations, and that you fix franchise tax to be collected from all corporations upon their forma- tion in this territory
 Governor Kibbey dwelt at length upon the construction of the new terri torial prison at Florence, explaining that the employment of unskilled con vict labor on the construction of the and economical and that in spite of the large number of convicts employed there--now l63-there had been only three escapes since the beginning of the work. Although the administration is pronounced excellent, much dissatis- faction is expressed with the industrial school at Benson, both for its location in barren hillside without adequate water supply, and because of the ill- designed buildings, plea is made to move the school to some more favored spot. Fault is also found with the in. sane asylum, of which the main build ing is said to be dilapidated, ill planned and poorly constructed.
 The governor threw a bouquet to the public examiner of banks and the attorney generals office, briefly re ferred to the life stock sanitary board and eulogized the ranger s force, which he pronounced too useful 10 be dis pensed with. although costly.
 The message recommended the in crease of the board of territorial fair managers from three to five members to provide more satisfactory admins tration, and went on with an earnest tribute to the public school system of the territory.
 Concerning the building and main tenance of public roads and bridges, the governor said that the system of management and control of public roads almost inevitably leads to useless dis sipation of road funds and needs re. vision, and he urged that the legislature give the subject its earnest attention.
 The creation of a railroad commission was recommended. by the governor in the following language:
 Railroad Commission.
 "The provisions of the act of con gress usually known as the interstate commerce law are made by that law applicable to the negotiations of intra- territorial commerce.
 "There is naturally considerable diff culty in the entertainment of the neees- sary facts relating to intra-territoriol commerce, and in compiling and circu- 'lating them for proper presentation to the commission for its consideration and action.
 "That il is desirable that it should be done is, l think, unquestioned by a great majority of our people.
 In order that the interstate com merce commission may act at all in relation to our intra-territorial com merce, facts and conditions must be made known to it. These facts should be, of course, accurately stated, should be revelent, and should afford a guide to the commission in its efforts to regu. late that commerce, so far as it is affected by rate. fares and other ele- ments of transportation. This may be most effectively don" by persons ex- pressly delegated with authority to do so and with powers to compel the pro duetion of evidence, it's preservation and its compilation for presentation.
 "I therefore recommend the creation of commission of at least three mem bers to be charged with this duty, as well as to be vested with such powers as may be necessary to make their efforts or some avail. v