St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-03-17

of changing the decision of the chair,
but Senator HOmpe was firmness per-
sonitied, and refused to modify his
ruling.
Il desire to say but one word on this ques.
ton, since the senator from Dakota has men,
toned the Republican PLATFORM said Sena-
tor ,ohn Day Smith. | expect to vote in ac-
cordance with it, and against this Dill" :
Senator Mayo Thought, as both the
Republicans and Alliance men had been
heard, it was time for the Democrats to
take an inning. In speaking of the
platforms Of political parties in the late
campaign he said:
1t is usual that Democratic platforms
usually contain some common sense a
question that is doubtful is usually handled
by the Democracy with gloves"
Here Senator DOnnelly offered resO-
LUTON suspending the standing rules Of
the senate to allow votes to be taken on
the Crandall ana SanbOrn amend
ments. This was adopted, Senators
Barr, Dean, Mcmillan, Morse and
Phillips alone voting no. The two
amendments were adopted in rapid sue
ceSSlon, and the question was an
nounced to be on the final passage OF
the bill. Senator Dean, before the Sec
retary commenced the roll call, took the
hUor and made an
Eloquent and Scholarly
speech against the pending bill In the
course of this short talk he made the
following amusing sally:
You have all heard of 'Sockless' Simpson,
who is to Kansas what the senator from Da.
kota is to Minnesota, and if he lives long
enough he may acquire the same distirc-
uon.'
The Ramsey senator proceeded to
read from an interview with Mr.. Simp-
son, in which the latter declares that
usury laws are always oppressive to the
deDtor class. In closing, Mr.. Dean said:
MARX my words, MIR. President the people
will come around to the right principle in the
end. There is virtue in the people, and Whilo
II may not be tomorrow, they are certain to
rise up ana enact just and right laws" D
Senator Keller made vigorous speech
against the bill, declaring that it was all
DuncOmbe. Interest would regulate
itself, and could not be fixed bY law.
The senator from Dakota. he said. was
in favor of home capital, and against
foreign Capital. If the latter
Is Driven Out
home capital would raise to 25 per cent.
The roll call commenced proceeding
without interruption until the name OF
Senator LaDue was reached, when he
slowly arose and made an earnest pro-
test against the bill, saying:
I'm order TO vote for and per cent law
suppose | shall nave to vote for this biII
with the forfeiture clause included, though /
do SO with feeling that 1t is the worst Kind
OF legislation L believe it is in the interests
of the home money loaners and more than
that the home uSurers. The people who are
crying cut for relief are not to find il in this
law. To quote the Oft-repeated words of the
senator from Dakota, 1t is keeping the prom
lse to the ear and breaking it to The hope
If am wrong III my fears as to the re-
suits Of this legislation | shall have nothing
TO reproach myself with. as auI acting con-
sciehLiously and with my best judgment Il
am right | hope TO have an opportunity Of
voting my own convictions two years hence
The forfeiture of the principal is nothing
compared TO liberty Besides il is class
legislation, wholly in the interest of national
banks, as 1t allows them to do whatever they
please ana forfeit nothing but the excess OF
interest After entering this protest vote
aye"
Senator Leavitt also explained his
vote, He came to the senate believing
that the time had come to pass and
s per cent law. He had made
An Honest Fight I
for bill that he thought filled the pub.
lie demand and would at the same time
make money plentiful and cheap.
ITO vote for this kind of bill find must
vote for q measure that will work hardship
to tie state. | am willing to give the aCfvo.
Gates of this bin all the credit there can be in
It and to carry out my pledge must vote
Tor it,"
Senator Lommen said he did not be-
lieve in the forfeiture clause, as he be-
llevtd it would prove disastrous to the
people. However, he had placed the
situation before his constituents and
they had demanded the present law
and he would therefore vote for it.
Senator John Day Smith also en
planned his vote. In his opinion st.
Paul and Minneapolis would not suffer
seriously. The western aud northern
counties would be the sufferers. He ex,
pressed the opinion that the senators
from these counties would thank him
for his vote two years hence.
Il would suggest to the gentleman from
HenneDin that the rocks and mountains may
fall on some of them," interpolated Mr.
Hompe.
This produced roars Of laughter, and
the roll call was again commenced. AS
soon as the name of Senator Stevens
was reached he took the floor and made
A Protest Against
the passage of the bill. He declared it
to be measure that was bound to dam
age the state. In closing his eloquent
address ne said:
"It this bill passes this 10Th day will be re.
edIuGd uOI Us tO-ul)IIOT, lllc 1lIU Is Wild
feelings of Joy and thanks, but with horror
and detestation, the anniversary of the pas,
SAGE of q measure that VIII bring unnum.
bered woes upon this state.
Senator Daugherty voted no because
he considered it bad. He always found
that when he had good security he had
no difficulty III securing money at low
rate, and when he had poor security he
had paid high rates.
Senator Craven nXnlaiDad hic vote
The passage of the bill would not seri-
ously affect his county, where the farm
ers were largely mOney-Ienders. The
advocates of the bill had not cited
case where, under the present laws, the
principal of any mOnev-lender had ever
been forfeited. The forfeiture clause
was a damage to the people and not
benefit. However, if he voted against
the bill the report would go out that hs
had voted against a six and eight bill,
ana this he was not. He had always
been anxious fO VOTa for a and g ner