Evening capital journal. (Salem, Or.) 1888-1893, 1893-02-06
NOTES FROM STATE HOUSE

IL IL ululcuIt tO IuuSe IrOm nis
message what Governor Pennoyer
wi do when 1t comes to signing the
bill to repeal the mortgage tax law.
Nowhere In his message Is there an
intimation of his course. No one
can scan the vote in the two houses
without concluding that there is
heaps of politics In this very mat
ter. That may influence the gov
ernor some, for he lie k en- to detect
point of political advantage in,legis-
lation. To repeae the mortgage tax
law and credits leaves Oregon in
this situation. Capital and credits
of residents cannot be taxed
until they come in possession of a
citizen of this state. Foreign cap
ital will be invited to come in un-
taxed, to reduce the pr, fits of local
ca pital that will be taxed. Local
capital will not stand that but will
go out of the state, or be put IN hid
ing where IL cannot be reached for
taxation. Can anything be more
unjust than that? Either tax all
capital and credits or none. Is not
that sound. L is a law to place
premium on foreign capital, that
will bring millions of foreign money
into Portland, that cannot be taxed,
to he loaned out all over the state,
and drive local capital into other
states that afford it better protec-
tion, and leave the field clear here
for foreign investment companies
that will reap the harvest.
THE JOURNAL has hoped that the
old railroad commission or as many
If them as possible could be retained
In the service of the state. But'it
is mistake to claim all the abb ity
for any one man on the commission.
1t il a mistake for Mr.. COlvig to
have commenced suit for damages
against Sol. Abraham. MIR. Colvig
is good and able man and should
leave such things as attacks on bis
character, if any have been made, to
be vindicated by time and by his
friends aud his record. 1t is pain
full to see good and able man in
jure his political standing. But it
seems to be the fate of many men In
politics to be unable to keep at or
near the top round of the ladder
after they have climbed there.
The part that Representative
Sheridan has played in this matter
is not doing that gentleman much
good, when it is remembered that
ever since he has been in Salem he
has labored to bring his brother
from Southern Oregon to the front
as Democratic member of the COM
mission. This was q Democratic
scheme to displace both CoIvig and
Glow from the commission, because
If Democrat could be got in from
Southern Oregon, Republican
would have to displace Robert Glow.
It is a scheme that should he sat
upon hard ia the Republican eau
Gus.
The state printer by this evening
will have caught up with all printing
of bills and expresses the hope that
all new bills will be passed on to
second reading without printing, as
bis force is tired out with day and
night work. Bills now Dumber 800
in the house and 2l2 In the senate.
Misses Lena and Bertha Burkhart.
and Marietta MeussendOefer, of
Portland are guests of State Treas
urer Metschan.
There are some valid objections to
the county attorneys bill. 1t would
create another Office Ia each county
aud it would no doubt fiatter some
small county seat politician to get
the job at any price. But IL would
work we'll only for the big criminal
lawyers who would have a regular
picnic with the small-bore public
prosecutors, and no big criminals
could who had enough money, could
he Convicted. The state would have
to have assistance 10 convict.
II the proposition were to tax no
credits whatever 1t would have
some merit aud an element of JUS
Iice; hut that 10 not the proposi-
tion Ia the Lawton tax bill. The
proposition is 10 tax only local or
resident credits, and to exempt
foreign or nonresident owners Of
credits. That Ii unjust. II is an
unfair discrimination In favor Of
the millions Of foreign Investment
companies at Portland that will be
oaned all over this state In c,m-
petition with home capital that will
he taxed. We believe the governor