Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-05-25
THE STATE CONVENTION.
TSio,rs Citv Journal

tSious City Journal.l
The republican state central COM
mittee has decided that the next con.
ventlon will be held in Des Moines.
presumably the latter part Of July.
Assurances are given that the meet
ing will be a patriotic gathering where
matters concerning war activities and
rowa's part in supporting the forces at
home and abroad will receive special
attention.
At this time there seems to be very
little to come before the convention
IN the way of controversy. The plat
form will be patriotic one, declar-
ing for vigorous prosecution Of the
war until peace is reached thru
victory. Iowa is doing it's part in rails
Ing men and money and there will be
no hesitancy in proclaiming its in
tention to fight It thru along the
same line. There WIFI be an effort to
commit the party to the prohibitory
amendment to the federal constitu-
ton. There ie a vigorous organization
in the state to line up candidates for
the legislature on the question. and the
issue will be presented to the conven-
tions Of both parties. It is scarcely
conceivable that the republicans will
hesitate to indorse national prohibition
and put the question fairly up to the
people to decide when choosing mem
hers of the next general assembly. No
observer capable Of Judging has any
doubt that the amendment win be in
6orsed by the convention and adopted
in Iowa.
Suffrage Is another question that
will come up for Endorsement. The
request that people be given an oppor-
tunity to vot on its is rea-
sonable one and should not be denied.
BEWARE DIES MONIES SCHEMES.
tDes Moines Capitall
For several months business men
and others Of Des Moines have been
invited to subscribe for stock in all
manner OF companies and organize
ations with ofTices in Des Moines,
Sioux City, or other towns in Iowa.
Some people have made heavy invest
ments IN new companies on the
PROMISE OF big a Dividends fvr which ..ccA
they are already waiting. !: The sue
cess Of insurance and other organiza-
tons in Des Moines has suggested TO
the fertile brain of the Spectator that
this is good place from which to sell
stock.
The Underwriters Review states
that the prom oters' profits in the or
ganization of insurance companies In
Des Moines have reached two and one
half million dollars.
This is a startling showing. The
promoter usually receives large COM
mission from 20 to % per cent. And
the promoter does not wait for his
money. He takes IT out OF the first
money received. The promoter. how
ever. in some cases must divide with
the banker who has privately recon-
mended the stock as good invest
ment It is oftentlmes the character
and standing OF the banker which sells
the stock
The grass is not the only thing that
is Rreen.
The business world in the Missis-
sippi valley has been the scene OF
shameless 1noney-making proceedings.
II the grand jur!es and courts were to
once get a start even in central Iowa
unearthing the transactions in the sale
OF stock, our present jail facilities
would be over-taxed.
We are not going to sit in judgment
on the investments OF other people.
But we can warn our subscribers to
adhere to those lines of business
which they understand. Spectators
are born, not made. Usually the spec
ulator cares nothing about what
happens to his victim. The trustworthy
business men Of Des Moines should
awaken to the situation and call on
some OF the schemes which infeet Des
MONIES and central Iowa.
The fact that this Is a great insur-
ance center and that many successful
and strong insurance companies have
been built up here should not be made
the basis Of wild eating in the way OF
organization. The fact that large
banking corporations do business here
should not be made the means OF
organizing banking or kindred COM
panies which never would be thought