The midland journal. (Rising Sun, Md.) 1885-1947, 1922-03-03
u STATE
CAPITAL
annapolis

Annapolis
Not without opposition but I'm.
Bcathed from the fight, the Administra.
tion's reorganization bill was passed
by the House by vote of IS to 81.
The bill now goes to the Governor for
his signature.
The 81 votes cast against the meas
ure were all Republican, though Re-
publicans voted for the bill No Demo-
Gratis voted against It.
There was but little debate over the
measure, though some time was con.
sumed in its passage. Delegate Hall,
Fourth district, failed to have the
House adopt his rs amendments which
would make all appointments by the
Governor subject to the advice and
consent Of the Senate.
Delegate Wolf1nger, Republican floor
leader, also failed to have his amend
ments to exempt the clerks of courts,
registers of willis and boards Of cleo
ton supervisors Of the various coun-
ties and the Maryland Agricultural
College exempted from the provisions
of the act
While the reorganization bills were
introduced simultaneously in the Sem
ate and the House, 1t was the Senate
bill which the House passed, the House
bill having been recommitted. The
Senate bill contains the amendments
proposed by the Senate Finance and
the House Ways and Means Commit
tees. sie
The strength of the administration
forces was indicated early in the aft
ernoon when the % amendments Of
fered by Delegate William Purnell
Hall were defeated, as were amend
ments offered by Delegate Wolfnger,
Republican, of Washington county.
the minority floor leader oo iie
The purpose Of Mr. Halls amend
ments was to have all appointments
made by the Governor under the terms
of the bill confirmed by the Senate.
Delegate William Purnell Hall, chair
man of the House Judiciary Commit
tee, introduced in the House the ''blue
sky" bill, approved by the Blue Sky
Committee and investment banking in
terests Of Baltimore and by Attorney
General Armstrong. The bill was re-
ferred to the Judiciary Committee.
There are already two other "blue
sky measures that have been intro
duced in the House-one by Delegate
Highley and the other by Delegate
Wolfnger. The banking interests fear
that either Of these measures might
interfere with the legitimate market
ing Of securities. The bill just intro
duced is strengthening Of the pres
ent Maryland law and Is In further
ance of what Is known as the Mary
land plan for regulating the sale of
securities The bill would make an
additional Assistant Attorney General
The salary of the assistant would be
$4,000 and of the investigator $4,000.
Every dealer in securities would pay
an annual license fee of $50 plus S.
for each agent, and the licenses would
be revocable by the Attorney General,
though right of appeal to the courts
is expressly reserved to licensee. Data
regarding every prospective offering
Of securities would have to be filed
with the Attorney General, who could
forbid marketing of the issue should
the statement be considered unsatis-
factory.
With an amendment giving the Pub
lie Service Commission authority to
act in regulatory manner, the bill
providing for the repeal of the full
crew. law Yves reported favorably to
the Senate by the Committee on Ju-
dicial Proceedings. The amendment
| provided that the Public Service Com
| IL ~ 4. -,