New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1891-03-18
Commissioners Croft, Of the General
Land Office, has resigned.

Ldnu OWCc, mas resigned.
The. senate has passed the usury bill
by vote of SO to 16.
The recent lynching Of Italians in
New Orleans bids fair to cause plenty Of
trouble. The Italians throughout the
entire country and in Italy have seen
tit to take ofense at the treatment given
the slum of their own race, land now de-
mand reparation at the hands of the
government. The Pioneer Press in
speaking of the New Orleans affair and
of the consequent excitement amongst
Italians, airs the views of the majority
when 1t says: Even if these men were
innocent of the crimes with which they
were charged, nothing could be more
absurd than 10 sssume, as the Chicago
Italians did, that they we're killed be.
cause they were Italians. They were
killed because they were assassins, con-
spring to. destroy all securities for life
or property, and to establish a bloody
reign of terror. We understand that
the evidence of their guilt was .conclu.
sive. And the Italians of this country
would do we'll to think twice and to
think hard before branding their coun-
try and their conntrymen with the obi
um of patronizing and defending the
atrocious crimes of these Sicilian scoun-
drels. We knew we'll what to think of
the editor of LIE Coo Italia of New York
who, in the Internal spirit of the Malta,
calls for a bloody vengeance on all who
participated in the punishment of the
murderers of Chief of Pol ce Hennessy.
But we do not believe that there are
many intelligent Italians in this coun-
try who will regret that the earth is
purged of this iniquitous band of assas-
sins who were Italians only to bring an
unmerited odium upon the italian
name.
A bill for taxing mortgages has been
introduced as substitute for Mr.. DON
nelly's radical measure and will pro-
badly become a law. 1t provides that
the mortgagor shall be assessed only
for the true value of the real estate
taxed. A mortgage must first be listed
with the county auditor before being re-
corded by the register of deeds. Any
register of deeds failing to obey this
provision of the law is 20 be deemed
guilty of a misdemeanor, and upon con.
viction punished by fine of from $50
to 800. The holder of mortgage
must before April 80 each year, file an
affidavit with the county auditor of all
his estate liable to taxation. Mortgage
ors and mortgages are for the purpose
of taxation deemed joint owners. If
any part of the taxes duly assessed up
on real estate or upon any interest
therein remains unpaid June LIST next
after the same has been assessed, either
party may pay it together with all costs,
and If paid by any MORTGAGE or owner
of any mortgage, the person so paying
may take from the county treasurer
certificate setting forth the amount of
.he taxes so paid, and such sums paid
for taxes, costs and penalties, other than
those assessed against his interests in
the real estate, is to be added to and
constitute part of the principle sum of
the mortgage debt. When taxes so as
sessed to any mortgage have been paid
by the mortgagor or those claiming I'M
der him, he is to have the right to de-
duct the amount with interest from the
amount due the MORTGAGE, unless the
parties have agreed otherwise IN writ
ing; provided that any person whose
taxes shall have been so paddy another
is to have the same right in regard to re.
covering back taxes illegally assessed
that he would have had if the taxes had
been paid under protest.
What reason other than political Sen
ator Davis can have for so strongly ad.
vocating the passage OF his usury bill is
more than we can understand. The
bill that he has introduced provides for
a reduction of the rate to eight and six
per cent, and to it is attached a clause
which provides for the forfeiture to the
borrower of the principal and interest in
case greater rate of interest is charged.
On the older portions of the state such
a bill will probably have no effect. The
rates that are obtained there at present
are no higher than are allowed by the
Davis bill; but in those portions of the
state where the population is meager
money scarce and the security not o
the best, the direct result of such bill
| will no tn make IT. almost 1mnOSSihlf