Elmore County Republican. [volume] (Mountain Home, Idaho) 1910-1915, 1912-03-23


the attractive title to an article in
Munsey's; it relates How Kansas
has set an example to the other
American States in her system OF
safeguarding the money OF her peo-
pie Now let us see what the
Kansas Legislature has written on
the statute Of the state 1t is whole
some reading, with moral on every
line for the small capitalist who has
money to invest. The whale-catching
hooks are all there.
State and national banks, trust
companies. building and loan asso-
ciations and corporations not Or
ganized for profit. are exempt from
this law, because other adequate
measures regulate their activities. Ey
cry other corporation, company, Or
Individual, whether 1t be incorporated
uider the laws of Kansas or of any
other State, that sells or in any way
haL dies stocks, bonds or other Sc
curities-with the exception of gov
eminent, State or municipal bonds
is sui jeot to the statute and must
undergo rigid censorship before it
can do business + .
Enforcing the censorship. There
was widespread CONSERVATION among
the hot-air arslsts when the edict
against them Went forth They flock
ed to Topeka to protest against such
an outrageous boycott ON "legiti-
mate business, Bankers and "un-
derwriters' stormed the capital AT
ter having a session With Commits
sioner Doley, they found that they
We're up against stone wall.
The whole net result Of this re
markable activity may be summed
up la sentence which at once
shows the need of the reform. Out
OF six hundred corporations and con
Germs which have sought license tc
sell heir securities in Kansas since
the passing Of the statute, in March
last, just forty seyen have been ad |
mitted
The five hundred and flfty-three
concerns Laned cut OF Kansas are
presumably operating in other States
where the government has not shown
the same concern for the protection
OF the people. One commemorative
gain is the loss Of many others.
y
The greatest of American Women,
Miss Jane Adams, is contributing a
series Of articles for Mcclure 3, ell
titled "A New Conscience and an
Ancient EVIL
In the current number Miss Addam
deals with Tragedies of lonely ana
unprotected girls"
The social evil has, on the whole,
received less philanthropic effort
than any other we'll recognized men
ace to the community, largely be
cause there is something peculiarly
and distressing in per
sonal acquaintance with its Victims,
a distaste and distress that some.
times lead to actual nervous col.
lapse. A distinguished Englishman
has recently written that sober
minded people who, from motives OF :
pity, have locked the hideous evil >
full in the face, have often asserted
that nothing in their experience has
seemed to threaten so nearly with =
less of reason.
Nevertheless, this comparative lack y
of philanthTopic effort is the more
because the average age
CT the victims of the social evil is !.
between sixteen and eighteen years
The age at which girls are still minois :
under the law in respect to all mat
ters of property. n
w 0io" q hiihci W utlSI Dllllt lOl
herself whether or not she will live
his most abominable life, although
4 she resolves to be thief she will k
I possible be apprehended and i'm
)risoned; ii she becomes drunkard "
She will be restrained; even il she
chooses to be professional beggar, d
The will be interfered with; but the
lecisicn to lead this evil life, dis n
lstrous alike to herself and the com
nunity, although well known to the
'olice is openly permitted al
Nevertheless, in some states lit
lie girl as young as ten years of
Ige may make this irreYocable de- G;
ision for herself on the ground that II,
hastily is altogether an individual n
flair. Several instances illustrate XII
etter than could be done in any Il
ther way the youth and helplessness W
1 young girls who, If they had not fir
cen rescued by protective agencies, SC
ynuld huvn haapp1 prtnoatc ali