Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1921-03-31

shown. The danger that If this bill
were passed the state would lose it's
share of the millions thus offered by
the government was shown. In gen.
eral, the highway commission had
good defense, supported by Senator
Whitmore Of Ottumwa and others.
Final Vote Was Decisive
While the vote to remove the high
way commission from Ames to Des
Moines was a tie, the vote on the
Mead bill itself to do away with the
highway commission entirely was 80
to IS against the bill. On this vote
only Senators Brookhart, Browne,
Buser, Cessna, Campbell, Darling,
Ethel, Fulton, Greenell, Hartman,
Johnston, Mcintosh, Mead, Nelson,
Pitt, Price Thurston and Tuck voted
for the Mead bill. All other Sena-
tors voted against it.
Everybody concerned feels easier
now that the highway matter has
evidently was most concerned in ia
vor of the Mead bill and had two or
three reporters present with short
hand reporter also there to get the
speeches. Some say the bill was
drafted in the Homestead office and
endorsed by the organization;
that as a result there will be Home
stead candidate for governor rising to
menace the political horizon later,
and Pitt will be his name. But some
people from Harrison county pre-
dicted that they would have some
thing to say about that in the next
primary, for they have some won
derful results in good road work
down there and declare that Pitt does
not represent their sentiment on this
road question.
A Real Blue Sky Law
When the House passed the Weav-
err "blue sky" law on Wednesday by
a unanimous vote, lot of kidgloved
promoters and smooth statesmen be-
gan facing a hard winter without
job. One of the biggest bills of this
session, covering fifty-five printed
pages, this Weaver bill defines what
stock companies and corporations are
what officers are, what statesmen are,
what securities are, what company
is, what agent is, and all that.
Then "every salesman or dealer in
securities must take out a license,
and said license sis permissive only
and the secretary of state does not
recommend and assumes no respon-
sibility for any securities offered
by any dealer" The secretary of
state may revoke any license on find
ing that there is any bad flavor con-
nected with either company or Sc
curity. Agents must also be bonded
in the sum Of $4,000 to protect
fraud or damage. The fees for such
license to sell or peddle stock or
an application for a dealers license
$500, for license, $4,000. For an
agents license, $500, and various
other fees for applications, issuing
promotion or organization PROPOSE
tions.
1t is said the net result of this law
and it will become law, because
few members care to try to oppose
twill be to curb new organizations
or corporations, and to make present
franchises very valuable. Some think
it will work against the best interests
of the state so far as organization
of new industries is concerned, but
others say the people of the state
have paid enough for fraudulent
stock and swindles and need to be
protected from their own ignorance
and others duplicity.
Governor Appoints a Man
John B. Butler of Fort Dodge be-
comes a member of the state board of
control on the first of July. That
important matter was finally decided
in favor of the Senate last Wednes-
day when Gov. Kendall sent up the
name of Mr.. Butler for the board of
control vacancy to be filled by
Democrat. He named two different
women for the board, but the SEN
ate refused to confirm these appoint
ments. They accepted the first man
named by Gov. Kendall-and maybe
peace and harmony prevails.
Matters i'm General
Senator Banta's bill for reforma-
alton of the system of primary cleo
tions met defeat in the Senate. 9th
err primary reform bills will probably
likewise meet defeat and voters will
be left the same old abuses OF Sc
lection Of candidates as now.
Senator Smiths bill to raise the
rate of taxation on monies and cred
its from five mills TO ten mills met
defeat. Senator Smith says il they
will pass his other monies and credits
bill to require publication OF assess
ment lists of monies and credits that
will bring out enough extra taxable
property of that kind to make up for
the loss of the first bill.
The departmental affairs COM
mittee have been giving the banking
department q once-over this week
and the insurance department will
get an inspection also before they