The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1919-06-13
sembB Ballot Was 81 to z;
Senate q to !.
)WER TO RAIL COMMISSION
lforcement of New "Blue Sky" Law
Up to the State Board-ApproNai
Required to Sell Stock
in State.

rs Deen ratl1ed In WISCONSIN Dy DoIh
ouSes of the legislature. The vote
the assembly was 81 to 2. The vote
| the senate was % to /. Only Sen
tor Bilgren voted in opposition In
he senate. Lieutenant Governor
ithmar made the final notice OF pas
age at IL 80 a. m. on Tuesday, I'M
Iediately following the similar action
the Illinois legislature.
A bill to regulate the sale of stocks
l Wisconsin with a view to driving
lshonest spectators out of the state
as offered in the house by Assembly
ian G. G. Coe of Barron county. The
iii Will have the backing of the state
administration as well as many Of the
ankers and business men of the state
Pho have petitioned the legislature in
avOr of q more stringent blue sky"
aw.
Wisconsin has q blue sky" law on
he statute books, but 1t has been found
be almost "toothless." As a result,
n the past six months there have
)een many reports of people being
swindIed by worthless stocks. The
Coe bill rests the enforcement Of the
Jaw with the state railroad commits
sion and requires the approval Of that
body before stocks can be sold in this
state. The measure does not apply to
United States securities or to the sale
of insurance stocks approved by the
Of insurance
81 think the measure will give Suf-
ficient power to the railroad commits
sion so that dishonest spectators will
be driven out of the state with their
worthless Stocks" said AsSemblyman
COe. A license is required of brokers
to sell stocks and these stocks must
be submitted to the railroad commits
sion with evidence that there are ac-
tual assets back of the stocks to be
sold
The first suffrage bill to be passed
was offered by Assemblyman COe and
granted to women the right to vote
for presidential electors. This meas
ure passed the house February by
a vote of 80 to and was engrossed
in the senate by vote of % to 4. 1t
was approved by the governor on Feb
ruary % and became chapter of the
laws of, 1919.
The other bill relating to suffrage
was offered by Assemblyman Nolan
of Rock county and provided for
referendum on the subject of woman
suffrage at the fall election in 1920.
This bill passed the assembly on
March IA by vote Of 66 to and was
concurred In by the senate There
may be an effort to have the federal
people, but the indications are that
such a move would be defeated. When
the federal dry amendment was be-
fore the legislature an effort was
made by Asemblyman Nolan to refer
the matter to the people, but that
move was defeated by vote of SO to
Al. The votes in the legislature on
suffrage have been much stronger
than on prohibition so the indications
are that a referendum amendment on
Js
Question as to the validity of such a
move was raised by many lawyers.
The minimum salary of school
teachers has been fixed at $50 per
month by a bill which has just re-
ceived the approval of Governor
Philip. The bill also contains a pro-
vision fixing the minimum salary of
Milwaukee SchoOlteachers at 500
month The bill went through both
houses of the legislature without
single vote in opposition.
Nearly fifty bills have been signed
by Governor Phillip during the past
few days. Among the important ones
are:
Town meetings may establish rural
fire departments.
Members of county state board and
bridge committees shall receive for
services not exceeding $500 in coun-
ties in which the committee will su-
pervise less than $150,00O worth of
construction and maintenance the
succeeding year.
Providing q method for the estab-
lishment of county park commissions
in all counties.
Exempting from taxation all the
real and personal property of any or
phan asylum or orphans home located
in the state so long as the same is
actually used for such home.
The question of increasing or de-
creasing the number of city aldermen
from each ward may be submitted to
either a general or special municipal
election
Providing that nothing in the anti
trust laws shall be construed to af-
feet associations, corporate or other
wise, of farmers, gardeners or dairy
men, including live stock farmers and
fruit growers engaged in making COZ
lective sales or marketing for its
members or shareholders Of farm. or
chard or dairy products produced by
It's members or shareholders