FREE BOOKS

Author's List




PREV.   NEXT  
|<   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61  
62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   >>   >|  
ocured a printed copy, searching it diligently for the hidden menace he was sure it embodied. When the search proved fruitless, he had seen the bill pass the House by a safe majority, had followed it to the Senate, and in a cunningly worded amendment tacked on in the upper house had found what he was seeking. Under the existing law foreign corporations were subject to State supervision, and were dealt with as presumably unfriendly aliens. But the Senate amendment to House Bill Twenty-nine fairly swept the interstate corporations, as such, out of existence, by making it obligatory upon them to acquire the standing of local corporations. Charters were to be refiled with the secretary of State; resident directories and operating headquarters were to be established within the boundaries and jurisdiction of the State; in short, the State proposed, by the terms of the new law, to deal only with creatures of its own creation. Kent saw, or thought he saw, the fine hand of the junto in all this. It was a still hunt in which the longest way around was the shortest way home. Like all new-country codes, the organic law of the State favored local corporations, and it might be argued that a bill placing the foreign companies on a purely local footing was an unmixed blessing to the aliens. But on the other hand, an unprincipled executive might easily make the new law an engine of extortion. To go no further into the matter than the required refiling of charters: the State constitution gave the secretary of State quasi-judicial powers. It was within his province to pass upon the applications for chartered rights, and to deny them if the question _pro bono publico_ were involved. Kent put two and two together, saw the wide door of exactions which might be opened, and passed the word of warning among his associates; after which he had watched the course of the amended House Bill Twenty-nine with interest sharp-set, planning meanwhile with Hildreth, the editor of the _Daily Argus_, an expose which should make plain the immense possibilities for corruption opened up by the proposed law; a journalistic salvo of publicity to be fired as a last resort. The measure as amended had passed the Senate without debate, and had gone back to the House. Here, after the second reading, and in the very hour when the _Argus_ editorial was getting itself cast in the linotypes, there was a hitch. The member from the Rio Blanco, favoring the measure in
PREV.   NEXT  
|<   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61  
62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   >>   >|  



Top keywords:

corporations

 

Senate

 

Twenty

 

measure

 

aliens

 
amended
 

secretary

 

passed

 
proposed
 

opened


foreign

 

amendment

 

hidden

 
exactions
 

menace

 
searching
 

interest

 

watched

 
involved
 

associates


diligently

 

warning

 

publico

 

constitution

 

judicial

 

charters

 

refiling

 

matter

 
required
 

powers


embodied

 
question
 

rights

 

province

 

applications

 

chartered

 

editorial

 

reading

 

Blanco

 

favoring


member

 

linotypes

 

debate

 
expose
 

immense

 

Hildreth

 
editor
 
possibilities
 

corruption

 

resort