The Owosso times. (Owosso, Mich.) 1897-1926, 1913-01-10

thrown into the hopper, but just in
what shape they will materialize. ii
at all, is a matter of conjecture.
Weekly Payments to Employees.
Ore OF the first bills to be intro
Guced in the house was that provid-
ing Tor weekly payments of wages by
manufacturing and other institutions
wages shall be paid in cash.
Many employees mortgage their sal
aries and in hundreds OF cases get
their checks cashed at places where
they are expected to spend money UNI
necessarily. This measure will cover.
ii passed, a new field and serve in
large measure to eliminate such
practice
Regulate Telephone Rates.
Another matter for legislation will
be bill to regulate telephone rates.
While on the face of it this may not
appear to be a matter OF vast iInpor-
lance to the people of the state at
large, yet it is declared that if the
measure passes 1t will wipe out glar-
ing inconsistencies and compel reg
ulation of rates now deemed exorbi-
tant.
Revise Electiod Laws.
The entire list of Michigan's cleo
ton laws will come up for revision
at the present session The senate
has taken the initiative and decided
upon this course. Senator James
called the committee on elections to-
gether at once and consideration OF
the proposition was given with the
decision to have prepared bills to re-
wise all Of the primary and selection
laws OF the state.
Changes in Banking Laws.
There will be material changes In
the banking laws of the state at this
session Banking Commissioner Doyle
is aggressive in his advocacy of All
improvement of the banking system.
The overdraft evil will be one Of the
considerations and some provisions
made to compel a depositor to not
draw checks for more money than he
has on deposit. This evil has been
and is constantly being practiced
throughout the state to an extent
that causes the commissioner to sug-
gest law governing the matter. An
other phase of the proposition will
be borrowing by bankers from their
own and other banks and regulation
in more stringent manner the loan
ing of money to directors and other
officials without adequate collateral.
Some of the proposed clauses of
the bill will be: That at least ten
shares held by a stockholders shall
not be hypothecated or transferred;
that state banks shall twice each
year render a report on lines OF
officer or employe of a bank to over
draw; fixing the loan limit to direc-
tors and employees at 10 per cent of
capital and surplus; requiring the
banking commissioner to examine all
banks desiring to go into voluntary
liquidation. These are merely few
of the proposed provisions.
Labor Legislation.
The Michigan State Federation OF
Labor Is behind a measure providing
for the health of factory employees,
modification of the compulsory edu-
cation law to raise the age limit to 16
years, legislation to prohibit boys
under IL from selling newspapers on
the streets after IL o'clock at night,
and other protective measures that
will enhance the conditions OF the
working people Of the state.
Corrupt Practices Act.
There will be some drastic legis-
lation upon the matter OF corrupt
practices in elections, Representa-
tive Copley introduced a bill along
this line at the previous session, but
1t met with defeat This time 1t is
believed chances of passage are
greatly improved.
After Investment Sharks.
A measure which will receive the
approval OF the best business men
and citizens generally throughout the
state will be one to prohibit promot'
ers foisting upon innocent investors
"blue sky" schemes that have been
so. eagerly nibbled at by the unwary
and inexperienced. 1t is declared that
here is an opportunity for profitable
missionary work. Therefore legisla-
ton is proposed to save the get-rich-
quick aspirant from himself and from
the seductive promoter whose only
security is the clouds, but which has
appealing properties to the uninit'
ated.
Physical Fitness For Matrmony
Representative Glasner comes for
ward again with measure to compel
applicants for marriage licenses to
! procure medical certificates.
Railroad Sanitation.
There will be a measure introduced
| to regulate the sanit6r. arrangements
of railway companies. Representa-
| tives of numerous lines operating in
| the state will cooperate with the
state board Of health to decide upon
the provisions OF bill to be pre-
scented at once.
Congressional Reapportionment.
What promises to give a great deal
A1f he