, 1875-03-03


pr. Rogors said he wanted The men who talkcd
about the poor mau. and on tho poor mans 70.
count, to remember that manufacturing A.,d ia.
tlustrIai ontcrprises had beea checked for sls
Naht Of capital with Which to continno opnr-
atlonr, and tho poor man waa. In consequence,
Out Of work. Tho poor man MAS not borrower.
Money uas loaned to llloao conducting entor-
priacs hcre. TlloY gayo employment to the poor
man, but II or per cent Of taxes wotc added
to interees rates on loans, none of our mhnufac-
turetB could afford 10 paY 1t for capital whcre'
with to run t'lelr works. Tho proposition 10 tax
toreIsn capital waH proposition to koep It out
Cullom said tie bill waa to enable non senidents
who loaned money In this Slate to sorno time get
1t back. Tho proposition 10 tax foreign capital
was nu2onsttntfonal. The money lnnt bocafuo
tho prtoporty Of tho borrower 80 soon ~ It was
loaned, aud already was taxed In l!s hands.
Tho forefgu corporation bad lia note. Not iav-
ing tho monoy, tho foreign corporation confd
not bs taxed on It,. Tho credits, which wcro all
that was !cft in tho possession Of tho lenders.
wore, in fnct, in the safe Of the Company
making tho loan, In another State, and
thoro aubtoot to taxation. III law they nero out
clloscH IN actiont and hnd no exiatence oxcopt At
tho place Of residence Of tho creditor, Co'!,m
United States holding taxation o. credits Q!
foreign corporation 10 10 unconstitutional. lfo
cited tho IorA caAcs, In which similar taxation
had 6oen assenptad and held nueonasit,tlonal,
vanla 10 lilo sans effect. III conclusion ho
sllounl the itupo1tcy Of practically adding our
ts1os to tho rata Of interest paid by tho borrow
or, who, At tho .samo tlme, was taxed Oh tie
tnonny borrowed.
Effective speeches wora mAds On the aArne
sido by Connolly and l}rhdwoll, and tho debate
continued during the afternoon session. AZ its
conclusion tho amendment providing for tho
loaned IN THIS AtAto WAS loss-,ayes, JD; noos
74.-and the bill was orlero<l to th1rd toading
by Il ayos to ~ r1ocs.
A STATE nAxxnurrcr n1kr.
LRndrfgan introduced bill relative to oolleo-
tfon Of judEmonta agniust corporations, Il pro.
rides that when judgment against any eorpo.
ration (o.hcr than banking Compensatory shall
remain unpaid for Quo year afsor tss rendition,
and execution 10 not stayed by appeal or super.
sodeas, 1t shall DO tls duty Of tho Circuit Court
consort tho aasets Of such corporation into
money. Tile Receiver Bla1l thoroupon gtvo notice
by publication, for sixty days In eometnoNspaper
Of the county 10 all creditors to present thslr
bo audited by tho Receiver aud reported to tho
county, Which, theroupon, shall Immediately
order the sals Of tho corporate property, OF 40
much thereof ~ may DO necessary 10 pay
to distribute tito proceeds Of tho salo
among creditors according to thof claims, Tho
bill alBo provides that theso rornodcs shall ap-
ply a. we'll to Judgments heretofore rendered -
TO tuOH0 luAt ta&f % r4u06feU uaEQ&I1eF. Lis
bill would acem to conflict With the provisions Of
tue National bankrupt law. Il 10 evidently
aimed at tho railway companies Which have lasa-
II gono to tho wall.
THE rAupEn's FRANCHISE.
Dunlap Introduced bill to cut OF bxlIot.etnf-
hug by voting fnu,rtca OF tho roor-uouBo. It
providoB that no paurcr a!all gain residence by
living ut tho Poor.1ouBot and that only those
who wore residents Of the county whom thoy en-
torod that institution ahall be allowed to vote.
STATE CENSUS IN 1875
Dunlap also introduced bill for taking CEN
sus in 1876. It provides that County Boards
I shall appoint ono OF moro Commissioners tc
take IN enumeration Of tho Inhabitants. which
shall commouco July H. and b. cloaeJ
aud returns mado by Oct. to tho Conlt5
Eoara, and certified COPY sent by tho County
Clork to tho Secretary OF State. TIE penalty fol
| 4 faiso roturn is fixed NJ $500 6no. Tie Zee oi
tho Commissioners for making tho enumeration
Is to DO 81 for avory 100 poraoua. to 10 paid out
Of tla County Treasury.
THE CHICAGO counT-1rousH.
uiHo introduced bill designed to limit ths
total expenditure for tho now Court IouBe al
Chicaso TO $4,000 900. It provides that no pub.
liz building for any county, city, or town. or TO!
tho Joint uso Of Any city and county shall To con-
ttncted for, OF built ut coat whom finished *.
ceading that amount.
THE REo1HT11 ACT.
Another bill to scpoal tho Nogistey act "as In
troduced to-day.
1ooK AFTER ri
Also = bill prohibiting Nre-inRurancs com.
pantea from cancoling any policy without tbs
consent Of the pohcy-holder, unlosa there be
change in tile occupancy Of tho promises insured
Or In their exposure to risk OF loss.