The sun. [volume] (Morris, Stevens County, Minn.) 1882-1895, 1891-03-19
Wednesday, March. II.


So ar as progress on the 4sury bill was
concerned but little was accomplished. One
additional section Of No. was finally
adopted, but the temper Of the senate is 20
uncertain that it may be changed by 90
days proceedings.
AT 1870 o'clock the senate resumed con-
sideraton OF The usury bill. Senator Don
nelly read list of alliances which had pc
titioncd for the retention of the usury laws.
Senator Dean considered that both bills,
No, | and No, 375, were departures from
the correct system Of finance, and argued
that it would be great calamity to make
the laws relating to interest and usury more
stringent at this time.
Senator Keller spoke in favor Of and
per cent interest, with simply the forfeiture
of interest for uSurv.
A vote was finally reached upon Senator
DOnnelly's amendmenttoS Senator Tawney's
amendment to section 3, OF S. f. No. |.
Senator Iawney's proposition was to strike
out the clause providing Ter forfeiture of
principal or usury and insert a penal
clause, and Senator Donnelly's amend ment
was to strike out that portion striking out
the forfeiture clause. This amendment to
the amendnent was carried by vote of 25
to "a
Senator March then presented an amend
ment to section 3 which again brought up
tbs question OF substituting the penal clause
for the oreture, it being exactly the same
as that of Senator Towney, except that the
limit OF the fine was fixed at $500 instead of
$500
Senator Donnelv moved to amend Sena-
tor March amendment by striking out so
much as repeals'the forfeiture of principal
clause. This was the second time during
the day that the senate had voted on this
question This time the amendment OF
Senator DOnnelly was lost by vote OFFS to
%.
As soon as the president declared the
amendment lost, Senator DOnnelly arose
and said he presumed the senate was about
to adopt the amendment OF Senator March,
which would repeal the present usury law
and replace it with a law making the taking
ofuSurv penal Otfense.
"Thave," he continued, been holding some
thing in my breast for several days, and think
the time has come to disclose it. member OF
this senate, who is a banker, said to me that
the banks Of this state had raised $4,000 to
beat the bill now pending before this body. l
do not charge that any of this money has been
given to buy senator's. But | do charge that
money has been raised to defeat the question
upon this floor"
After order was restored Senator Leav-
lit said he presumed the senator from Da-
kota had kept his charge of corruption for
the last shot, but it was blank shot, as
there was nothing in the charge. He then
presented the following resolution:
AN INVESTIGATION ORDERED.
| appointed, OF which the senator from Dakota
shall be chairman, toinvestgate the charge that
| the bankers of this state have raised $40 900
| to defeat S. F. No. l.
The resolution was adopted without di-
vision, onlytw or three voices being against
it, and the senate adjourned until 10 o'clock
this morning.
After the house had assembled and the
opening ceremonies had been gone through,
Mr.. Reeve called up his resolution memo
rializing congress against free coinage and
had its discussion made special order for
Friday at Up. M.
A motion by Mr.. Ringwald providing
that each member Of the legislature be al
! lowed five additional copies of the new leg
! islatiVe manual went over on notice OF de-
! bate.
The new bills introduced were not very
numerous, but seven or eight of them pos
sessed points of general interest.
| A bill by Mr.. French relates to the meth
cd of procedure by heirs to real estate, in
cases where person dies intestate
Mr.. Smith introduced bill providing
for the creation OF new lumber district to
be known as Lumber District No. g. which
shall comprise st. Louis, Lake, 1tasca and
Beltrami counties and tributary territory