New-York tribune., 1922-03-18
Measures Providing for
Construction of S9-a-
Room Flats and Extend
ing Rent Laws Adopted
Rate-Makingg g Bodies
To Be Controlled
Mutual Insurance Conl-
panies Placed on Par
With Stock Concerns
From a stoG Correspondent

:
Last minutes conferences witt
Governor Miller yesterday rescued
the bulk Of the Lockwood commit.
tees housing bills from possible DC
feat, and last night before the Leg
islature adjourned, nine Of tbe
eighteen measures aimed at soivins
the housing problem had been pzsseo
by both brauches Of the Legisla t,,re
and are now before the Governor for
his signature. Both Houses ad.
journed sine die shortly before ]
o'clock.
These are measures-
permitting the insurance GONNA
MES TO invest up to 10 per cent OF
Chelr assets IN apartments where che
monthly rental shall not exceed So p
room.
Extending the rent iaws for ar
other two years.
Extending the tax exemption bui.d
ing lew to April /. 1923.
requiring landlords to give tensrts
thirty days notice Of an increase n
rent. and preventing them from de-
privlng the tenant of the right ts
claim the rent is unjust ana unres-
sonable by exacting three months
rental on making e lease.
Compelling the return OF jury fees
TO tenants IT untried cases
Permitting New York City officials
60 avail themselves of sub-conrrac,s
where the principal contractoe de-
faults.
Giving nutural insurance ccu-
panIes the same privileges as s3eoa
insurance companies
Giving the Superintendent OF gr-
sursnce power 10 regulate rat max
ing .,adiss
Preventing ru4asI companies {rozs
converting themselves into steek
companies
List OF Bills Killed
The bills which were killed. eth 90
by vote on the floor Of either houze IL
n committee, were measures.
Providing state trade commission
% curb and prosecute criminal con
spiracies among manufacturers ana
iealcrs in building supplies. profteer-
ng contractors and other vioIstors O.
he Donnelly antitrust act.
Compelling courts to impose q u1'ni-
mum prison sentence of three month
IN violators of the state trust law
Permitting the people to appeal frons
dismissal of indictments.
Providing that courts shall state in
writing their reasons for 6ismissins
indictments.
Amending the real property Law %
prevent landlords from using forecloa
ire proceedings as Il means OF ovictinc
Removing the discretionary power
1ow lodged with the Superintendent %
insurance to extend the time in which
ffe insurance compsnies may dispose
If their corporate stock holdings.
Compelling life insurance compsnies
20 sell these holdings before 1926.
Providing for the investment by in
'ursnce companies of 10 per cent Of
heir investabie funds in first mort
sages.
Compelling savings banks TO irves.
Up to 40 per cent OF their deposits IN
irst mortgages.
One of the most important fneasuree Q
alled yesterday established a stste trade
had the approval of Gov
sembly Rules Committee by the WIGS
chairman of the Lockwood committee.
Thomas A McWhinner,
Of Nassau County.
Lockwood Makes Fight
Senator Lockwood vainlv tried e
prevent the killing of this measure hy
his vice-chairmsn, who also is one OF
the Eve members of the all-importans
Rules Committee. After he had wo.
the Governors support, and learne 81
later that Mr.. McWhinney was driving
the knife into the bill, with Senators
port, Senator Lockwood called again OF
the Governor, but the visit failed 80
prevent Mr.. McWhinney from puttirg
The measure to death.
Mr.. McWhinney informed newspaper
that he opposed She
,rade comm ission bill because it would
the Lockwood committee.
THAT is very interesting" said Sen
ator Lockwood. at is beyond my under
however. It is not many
hours since ] asked r. McWhinney 81
me to the Governors cham
Der to thresh out the matter with the
Governor. Mr.. McWhinney refused, al
,hough the Governor had expressed 3
willingness to have the bill go before
aim for action.
II also asked Mr.. McWhinney to IN
;roduce q memorial calling upon Con
yress to appropriate enough n,ouey to
rive United States Attorney Hayward
sufficient assistance to prosecute prof
seering building supply men and otkag
riolators of the Federal antitrust act.
And once again Mr.. McWhinney re
fused"
The Assembly was ready to pass this
measure, but powerful lobby of cor
tractors and building supply men, soms
of them from outside the state, who
have been here since the first of the
year, were ON hand to. lend sheir aid
to those who were playing their game
In the Assembly Rules COMMITTEES.
But the insurance lobby, which sue
ceeded in killing two or three of tne
more important insurance law amena-
ments, was dealt . severe blow. In sha
Of the rate regulation htsss
This defeat of the Insurance icSds
vas made possible by the intervention
IF Governor Miller, who suggested SONS
minor amendments which ovcrcamc tse
honest opposition Of sosec OF The np-
state legislators.
The amendments were incorporated
In ths~Akl in the Assembly and thsn