Omaha daily bee., 1910-01-28
Governor Shallenberger Sees No War
rant in Conditions Now to Make
Call Necessary.
GUARANTY LAW AWAITS DECISION
Unit,d States Supreme Court Soon tc
Act on Oklahoma Case.
SURE TO CLEAR NEBRASKA ACT
After that He May Change Mind OIL
Question.
NO HURRY ABOUT INCOME TA1
Executive of Nebraska Disregards
Request of Democratic COnVen-
tion and shows the PoIi-
ticIans Few Things.
URE TO CLEAR NEBRASKA ACl
NO HURRY ABOUT INCOME TAI
tFrom a sad correspondent.l

" rom u SldlI correspondent
LINCOLN, Jan. I-(speciaL)- )-Governoi
Shallenberger will not call an extra ses
sion Of the legislature, although in arriv.
| ing al this conclusion he defias the wishe,
of Mr.. Bryan. Of w. II. Thompson ant
Arthur Mullen aud he sets at naught the
mandate of the late democratic state con.
vention.
The governor gave out an official stale.
ment this afternoon that he saw no reason
for calling the legislators together at this
time, following call on him by K. J.
Clancy and later by II. lc. Lee Herdman,
who took luuch at the executive mansion.
Upon his arrival In Washington, said the
governor, there appeared Nebraska dis
patch in one of the Washington papers to
the effect that he intended calling the leg
islature I'm extra session at the request of
Mr.. Bryan, and in the article it was set
out that Mr.. Bryan is SIN the boss in
Nebraska democratic affairs, The gov.
ernor has shown him.
Governors Reasons.
Following is the statement given out
frcm the office OF the governor:
The governor said that ordinarily he
did not care to rush into print denying or
affirming political rumors as to executive
ing given to extra session talk by the state
press to warrant statement as to this
question. The governor does not think the
situation at present such as contemplated
by the constitution as warrant for an extra
session. The bank guaranty bill has been
enjoined by the federal court which denies
to the state the right to determine tho
terms under which persons may engage in
the banking business and the authority of
the state to levy a tax to protect the de-
positor an exercise of the police power.
Until opinion is rendered upo nthese
points by the supreme court of the United
States any action by the legislature to
carry out the peoples Will providing safer
bank laws must walt upoA the action f'ths
supreme federal authority
1.-THE Oklahoma banking law is now he
fore the supreme court Of the Omitted States
and a decision as to It's copstitutlonality
win probably be rendered In a short time.
A finding upon the vital points in that case
may also settle the matter as to the valid
ity of the Nebraska statute or so clarity
the situation as to enable the legislature
to frame a satisfactory guaranty law.
founded upon the opinion Of the highest
court Should such situation occur and
the conditions permit of the framing of a
law III conformity with tne courts decision
and satisfactory to the people Of Nebraska
the governor would not hesitate to call an
extra session to pass such a statute and
such other laws as deemed for the best
interests Of the people of the state.
Postal Savings Banks.
THE governor said he found a strong
sentiment in the east for postal savings
bank law, and that the prospects were
that this congress would enact such a
measure. A postal savings bank law will
inevitably drain the money OF the western
states to the great financial centers of the
east. He was convinced that a guaranty
of deposits law that would keep the money
of Nebraska in our own state, provide
equal security to that afforded by a postal
savings bank law and keep Nebraska money
available for Nebraska business and busi-
ness men was a consummaton very much
to be desired
''The endorsement of the income tax
amendment by Nebraska and other legisla-
tion of importance is not of such vital in
terest at this time that 1t cannot wait for
action either by the next regular session or
at an extra session to be convened should
future developments as indicated above,
warrant the assembling of the Legislature
in extra session"