Show V Editorials by the People V Many editorials are received by this department so that it Is obviously impossible to print all of them immediately In many cases there must be a certain amount of unavoidable able delay In no case is this column opened to religious dis All communications must bear the authors author's name and address If you do not desire your name published name published indicate indi cate cafe this and it will be be- beheld held confidential r V WANTS BLUE SKY LAW l Editor Telegram V Without the remotest doubt one of ol the most beneficent laws lawR that could possibly be lC bestowed upon the he investing public of the thc state of 9 1 U Utah uh would be a blue sky law Jaw so called patterned after the one now OW in ill vogue ogue in iii the state of Kansas which has haR saved the people of Vc that thai state millions of dollars since it was pla placed cd on the statute books V 4 and put ir into to operation f 4 V. V No man nor Hor set of men nien has anything at al the hands of such rr f t i law provided prodded his proposition be he on the square Said law was wasi i designed originally to protect the tho investor investor whether whether he be of great gleat I 1 or small or small means but p particularly the latter for it is he lie ho usually is isI I unable to get at the bottom of things things from from the thc unscrupulous and and mercenary r promoter It is claimed that we as ns a nation squander a million dollars a day on 01 oil some half baked scheme of or an itinerant promoter which by simple calculation amounts in a calendar year cal to the grand total of three hundred and sixty five million dollars lh Think of or it What a tr tremendous waste of capital which under pro proper pc I protection and I safeguards could COUII be nut jit to toa a useful purpose benefiting the thc masses V in instead tead of the few who arc long on m promises and short on au fulfillment V Now it it is the very waste of this tremendous sum which the V law Jaw referred to a above is calculated to correct and and save for legitimate ventures which ought to receive encouragement when found to be lc V practicable In the operation of the blue sk sky law an attempt is made to ascertain whether hethel the plan submitted for a license to do business is workable and honestly conceived and specifics when issuing a license f that amount which can be used for organization expenses and that I amount which amount which actually must go into the treasury of the corporation V for development purposes with penalty attached for any infraction of the latter This is only as it should be and anyone anone hesitating to 11 comply with such requirements can without the slightest fear of V successful l contradiction be put down clown as attempting to put something over river on the public which is as unwholesome as one of our conventional hens hen's laid actual B. B C. C and therefore eggs laid laid-by by computation one computation one year eal should be shunned An idea idea and and everything has developed from froni a an idea idea which which makes for the comfort protection and prosperity of the masses is V incalculably bly valuable but let it be bo productive of these three conditions at nt least if the seeks public aid to develop his plans t 1 To be original to create is one thing to garble a proposition and olst it on the dear people as a thing without competition is quite ij another nother The Thc former might succeed because of its thc down practicability and necessity whereas the latter Jatter might not But the worst of all is that man who is willing to supply everything from the ocean to the moon all moon all of which is free hence free hence the origin of blue bluesky sky sky if if you you will furnish the thc cash to carr carry r out oui his dream B. B 0 O. CARL GAEL |