Jasper County Democrat, Volume 13, Number 76, Rensselaer, Jasper County, 7 January 1911 — MARSHALL SENDS SOLONS MESSAGE [ARTICLE]

MARSHALL SENDS SOLONS MESSAGE

Indiana Governor Recommends Primary and Anti-Trust Law. TRUST REGULATION DISCUSSED Warns Legislators to Beware of “High Flyer” and Says There Is No Money In Honest Public J Service in Message.

Indianapolis, Jan. 6. —In bls message to the Indiana legislature Gov. Thomas R. Marshall told the members “to be careful of the man who wanted to show them a good time the day after he had been, introduced,” and also to beware of the “high flyer.” “The fellow who wants to show you a good time,” said the governor, “has an ax to grind and he intends to chop his own wood with It. There is no money in honest public, service and the man who flies high in office has some one holding the string to his kite.” Gov. Marshall recommended the repeal of the county option law, the enactment of a direct primary law’ and a referendum act giving the voters the right to approve or reject measures passed by the legislature. On the matter of regulation of issues of stocks and bonds the governor said: "I recommend that you revise the corporation laws of Indiana so that no corporation can issue a dollar’s worth 'of stock without a dollar in money or a dollar’s worth of property going into the corporation to the satisfaction and approval of the state board of -tax commissioners. And I recommend that all transportation lines be prevented from issuing bonds without the consent of the state railroad commission first being obtained by showing that the funds raised from the issue are to be actually used for corporate purposes, and that the sale of such bonds for less than 95 cents on the dollar be forbidden." On the state regulation of trusts the governor recommends: “If you want to eliminate the trusts enact a law forbidding any corporation of this state from holding or owning the capital stocks or any portion thereof, of other corporators and compelling the sale of such stock if It now owns It.” The Indiana legislature was organized with Albert Venneman in the chair as speaker.