The Kadoka press and Kadoka reporter. [volume] (Kadoka, S.D.) 1910-1923, 1921-01-07
18th Session of The
State Legislature Is .
Convened AT Pierre
Governor McMaster Takes Oath
And Delivers Me: sage Of
Economy to Legislators

Pierre, Jan. 4.-The seventeenth
session of the legislative assembly
of South Dakota convened at noon
today.
Brief sessions in the house and
senate for the election Of officers
and the appointments necessary to
minor committees preceded the
joint session in the house chambers
where the oath of office was admi-
nistered to- the new state officials
by Samuel c. Polly, justice of the
state supreme court, after which
Governor Nc Master delivered his
inaugural address.
Democracy was the outstanding
feature of the reception held at
the stat house tonight in honor OF
the governor and other state Off
calsi. In the mothley crowd filling
the rotunda were punchers from
the west-river country, farmers
odinary business men and memb
ers of the states elite. Evening
dress and diamond studded shirt
fronts mingled with coarse uncrea
sed business suits and flannel shin
Is.
Following the reception the gov
crnor and Mrs. McMaster led the
Grand march at an informal dance
given by the American Legion in
a downtown hall.
Economy Administration Keynote
Economy, solution of the mark
eting problem and the careful con
sideration of the subjects having
to do with the future growth anC
prosperity of the state were the
kynotes of Governor w. H. McMas
ters inaugural speech before the
combined house and senate at the
opening of the seventeenth sess
ion of the South Dakota state leg
islature.
Both houses convened at noon
formally elected their officers cho
sen at the previous nights caucus
and then adjourned to the senate
chamber where the smpl but i'm
pressivc inaugural ceremonies wer'
carried out. ThronCs which fiji
led tn galleries to overflowing jos
tied in the corridors surrounding
the chamber, while the new state
officers wer taking the oaths o,
office. United Stats Senator-elec'
Peter Norbeck, the retiring Gov
ernor, reviewed the work of thu
legislative bodies during his tern
of office. He took up each depart
ment of the state government
briefly outlining the work done
and what yet remained to be done
He was followed by the nev
governor. w. H. McMaster.
The Governor in his inaugural
address dwelt extensively upon the
agricultural intrests of the state
and it's many complex problems
and methods of solution. He also
recommended the licensing o.
stockyards and placing them un
DIR state control and also touched
upon road building and the State
Guaranty Bank Law.
Other Recommendations
Among the score or more of less
important matters touched upon
by Governor McMaster was the
blue sky law. "Our blue sky law
is not adequate to give proper pro
lection to the investing public,
he said. There should be a sys-
TEN devised which completely
checks and wholly regulates the
issues of stock certificates and q
wide latitude of discretion should
be given to the securities commiss
ion in the matter of barring from
the state, stock selling concerns"
He recommended prompt atten-
ton being given to the matter of
state hail insurance warrants, whi
ch at present he said are unstable
because they draw but six per cent
interest. The rate of interest"
the governor said must be increa-
sed, so that these warrants may be
sold and the hail claims paid. The
revenue and general warrants also
are limited to five per cnt interest
and at the present time are un-
salable at that rate. 1t is impera-
tive that they should be immedia-
tely changed for the time being at
least, so that the state may meet
her obligations.
He suggested an investigation
of the salaries of county officials,
the passing Of law making a le-
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