New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-02-10
WALL STREET OPPOSES BILL
Stillwell Measure Wo uld End
Stock Speculation-Ne W Bills.

Albany. Feb 9.-Wall Street .,as already
entered it's protest against the Oil of Sena-
tor Stiwe to prohibit stock gambling and
speculation. The inroducer, W DO Is chair
man of ,ha Codes Committee, which has
the bill now. has received numerous letters
from Wall Street brokers asking for a hear
ing and at the same tire expressing their
opposition To the legislation. Their argu-
ment. SAID Senator StSlwel. is that il
would paralyze business. as there would be
no way Of telling the ftIctuation of prices
and that II would PUT an end TO Wall
Street altogether.
I'm not so much exercts,d over that last
premontion." he added "for with Wall
Street off the map whole, lot of good peo-
pie might he able to hang on to their
MONEY!
He has set next Wednesday afternoon as
the date for a hearing on the,0neasure. The
bill would prevent the salO Of stock on
margins. short" sales and ay stock nego-
tiations of speculative nature
The Senate Codes Committee, give an
other hearing next Thursday on Senator
Tim Sullivans dangerous weapon bill
one OF the bills reported from the Senate
Judiciary Committee has revealed the fact
that more than one hundred couples i'm Port
Chester have been married by officials who
had no legal right TO perform the ceremony.
The measure. which was introduced by
Senator Wainwright. seeks 20 egslize these
marriages. stating that they were solem-
nized by Wilson T. Wakefield. Arthur i
Wilcox and Thomas f. j. Connolly, as
police justices of the village Of Port Chester
and by William Baruch and Robert r.
George as acting police justices Under the
present domestic relations law police JUS
tees are not authorized TO solemnize mar
riages.
Senator Wainwright said that I've attached
NO blame TO the officials. and that the whole
thing was merely an unfortunate mistake
He said that some of the couples had al
ready begun to rear families.
Assemblyman GerhaYdt. of New York to-
day introduced a bill making II a misde-
meanor for an employer 10 compel person
10 refrain from joining a labor union as a
condition of his securing employment. II
would permit boycotts. but would psohibit
employers from bringing employees from
other states or other parts OF this state
by means Of false inducements. II also
prohibits strikebreaking to the extent of
providing that the bring o" person or
persons 10 guard with deadly weapons an
other persons property wiz bout the consent
of the Governor is made p felony.
a bill by Assemhlyman Hackett. Of New
York. reduces from two wears TO nine
months the time within which actions for
excise violations must he brought
Assemblyman Hsines. Of Westchester
County, introduced a measure providing for
the establishment Of a state printing Of
fee and the appointment of superin-
tendent Of state printing
Employment agencies Of all kinds must
be bonded in the sum Of 81 000 and licensed
by the city in which thew are located #
the bill introduced 10 day by Assemblyman
Brennan becomes a law. The measure also
provides that the gross fee 70 be charged
by the agency for unskilled labor Is 10 per
cent Of the first months wages. for the
atrical employees not more than the first
weeks salary. and for temporary employ
ment not more than 10 per cent Of the en-
tire wage. For skilled employment the
agency may charge not more than per
cent Of the first wears salary.
Ten bills designed 70 correct a number IF
details in the tax law in regard 10 meth
DDS Of assessment. SO as TO prevent errors
and litigation and facilitare the work of
assessors and Of tax collection were intro
duced to-day by Senator Harte and Assem-
blyman Goldberg They do not change the
liability Of any property to taxation, but
carry out some of the administrative
changes recommended by the tax confer
ence recently held at Utica.
4 barge canal traffic commission of FIVE
members. to be appointed by the Governor
at salaries Of 5000 is proposed in bill
by ASSemblVman NcKeon The commits
sion has power 10 establish rules governing
the carrying of traffic on the canal TO en-
courage competition and prevent monopoly.