The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1909-01-19
WHAT WILL THEY DO?

The Tonopah Bonanza has the fol
lowing editorial comment:
The Nevada state Legislature will
soon convene at Carson City. aVow-
eddy for the purpose of enaeting leg
islation which is needed. correcting
legislation which has proven faulty.
and createing a buget ont of when
the expenses of the state may be paid
for the next two years. What VIII
this new legislature do?
The Bonanza has already shown
that there is an army of clerks. dep
uties. stenographers aud hangers on,
connected with the state administra-
ton. and which have practically
nothing TO do but to draw salaries:
has shown that there are even de-
partments which might well 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 10 reside i'm and maintain
their Offices in Carson City, absolute
~ make no pretense at 50 doing.
What is the new legislature going To
do about these things2
Then there is new legislation to
come up. Among other things the
southern end of Nye county will pet
ition for amputation from the north
ern end of the county. Time may
come when this will he feasible. for
it is "A long journey from, say Rhyo-
lite. TO the county seat. However, at
this time. the people of Nye county
have a sufficient tax burden with the
entire county bearing il. and II 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 IL will he sufficiently
populous and sufficiently wealthy for
that dividing line across its center.
A bill asking for the creation of an
Inspector of mines will also come up.
If the mine inspector Is a man quail
fed for his position. and who will
faithfully fill it, backed by laws re-
garding 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 political debt
Banking legislation will also come
up here. too. there is much room for
wise and sane legislation. The
depositors of the banks throughout
the state must be safeguarded, and at
the same time the banking business
not placed under prohibitory or con-
fiscatory restrictions. There must be
some provision made whereby res
possibility may be placed when a
bank or other firm fails-w whereby
the stockholders and officials of the
defunet concern may be held per-
sonally responsible. according TO the
extent of their holdings. As the laws
of the state now stand. the officials
directors and stockholders in a bank
which fails merely shrug their
shoulders and say Il cant explain
II" o. 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 he2 4 wide reaching law reg
ulating the formation of stock com
panies. the expenditure Of monies for
at least semi-anaual publication OF
the operations and financial affairs
of fhe concefn-emb odying expendi-
lures should be passed. And this
law should make IL felony for falsi-
heation o. published reports OF this
character, or for any violation of its
terms. II Is by means OF assuring
the wildcat promoter a terA IN the
penitentiary that this evil will be
stamped ont of Nevada Wildeatting
has already been more disastrous to
the mining industry of this state
than the so-called panic. by a thous-
and times. 1ad these same wildcat
flotations. 10y which millions of dol
lars have been taken from former
~ trusting psblic. have made Nevada
stencil in the Eostrils of the publ,
in general; have made any allusior
~ the mineral wealth of the state
come TO be designated by certain
inelegant but expressive curren
phrase.
The sooner the outside world
comes to know Nevada regards III,
fleeing of the public by fake min
ing promotions as felony. the bette
il will be for Nevada.