The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-27
THE SALT LAKE HERALD, FRIDAY. MARCH 81. 1896
have instructions as to what we are

have instructions as to what we are
expected to do.
Evans-Mr. President. l should ike
to have the report read.
Report and resolution read At che
conclusion of the reading Mr.. Cand-
land asked: Mr. President, am | to
understand that this square mentioned
i'm the resolution, which is proffered
free of charge, is the same one re-
Gently donated the railroad company
The Chair-It is, but l am told that
it would be too small. The Deseret
Agricultural and Manufacturing socre-
ty has a tract psar the White bridge
which will be used in the event of a
celebration. perhaps. Calder's park
has been suggested by the press
Candland-Well. Mr.. President, L am
| opposed to the motion to refer The
! people are not Financially situated so
as to admit of the expense being in
CURED. l have talked with Mr.. Lannan
and he says expenses of this kind are
always larger and larger as time
| passes. They seem to grow as 1t were.
While the amount may be small in the
first place. the sum gradually in
creases People in the agricultural dis
tricts are not fixed so as to afford an
expenditure of this kind.
SnoW-Mr. President, ! am opposed to
the motion and to the idea of hold
| ing this celebration. l shall vote no
when the matter comes to test. l do
MT believe we can afford ITO undertake
this, because we cannot do 1t justice.
A1fsou-What do you say as to
! S., 900?
Snow-I cannot say as to that.
AIlison-As a member of tine Alfalfa
| club Qaughter) l shall object.
! Chidester-When did you become
member?
Alhson-I was initiated while the
senator who makes the inquiry was in
Provo shaking his foot. OaughterO
AS a member of the alfalfa club" |
| object to this motion. l have no objec-
| ton to having this committee makid
suggestions to the next legislature, but
I do not want any appropriations
made. AS an amendment 1 move 10
| refer the report back to the commit
tee without Instructions
The amendment was accepted and
| the motion carried.
INSURANCE BILL.
S. B. No. "a, substitute for the in
surance bill, which was slaughtered a
| few days ago. caused some discussion
Mr.. Cannon called the senator from
Sanpete to the chair and asked OF MIR
| Sutherland, the author of the measure
! if the provisions of section l, taxing al
companies on their gross receipts, ap-
piled 10 local companies as we'll as
foreign The reply was an affirmative
one, whereat Mr. Cannon declared it an
act of rank injustice" and said he
was opposed to it.
He proposed an amendment to the
measure by inserting in section l, be-
tween the words "every" and lnSur-
ance" the word foreign"
Mr.. Sutherland called attention to the
fact that the objection was met in sec
ton of the bill, which gave local
companies a chance to deduct the
amount of the tax on property, whereat
Mr.. Cannon withdrew his motion.
! The senators then INDUCED in
somewhat extensive debate over an
other amendment by Mr.. Cannon, who
proposed to amend-in fact, did amend
by giving local companies chance
| to deduct the amount of all taxes paid
! from the state tax.
Glen Miller opposed the amendment
| as did both Booth and Allison. 1t was
adopted, however, whereat Booth re-
marked well, the bill ought to be
killed. This is measure taxing in
surance companies. yet from the state
tax they can deduct the amount OF
|
the revenue to come in? 1t is an I'M
heard of proposition. 1t discrininates
in favor clf the home companies ano
against the foreign. 1t will not stano
the test Of the law for minute
Mr.. Cannon said the bill as amended
was a. good one. 1t taxed outside com
panies, which had not property, ano
gave home companies, which PAID
taxes, a chance. There was nothing
to conceal about the bill. The loca
companies pay a tax on property, while
the others do not. And L Will ASH
the gentleman (Booth) to point me q
single state where the home company
| is not protected?"
BOOTH will reply by asking the
gentleman to indicate to me state
where the home company is permitted
to deduct the amount of the county
and school tax from its state tax?'
Mr.. Sutherland read Iowa law tc
show this bill as amended was a gooo
one, and was followed by Glen Miller
who declared that foreign insurance
companies loaned money on realty anc
often foreclosed. Then they owned
the nropertv. This bill would deduct
the amount of taxes they pay on lands
thus acquired and the state would
| lose.
Allison asked that the bill go over
until today. as he wanted to become
familiar with the idea proposed. Al
present it seemed to him that com
pany with half million dollar build
ing might be exempted from the pro
visions of the bill. He did not believe
in exemptions. 1t is stated that there
are one hundred insurance companies
in this state. Of these, ninety-nlne
were foreign and one local. 1t did MOI
seem to him to be fair to make al
exception.
The bill went over.
The senate adjourned until this
morning at 10 o'clock.