Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1897-03-05
PIERRE roINTER>.
Some happenings of the Week at the Stat,
Capital-Legislative Grind and Gossip.

Some Happenings of the Week at the state
Legislative Grind and Gossip.
The oleomargarine bill has passed
and is said to be of more benefit to the
farmers than any other measure that
has been enacted.
Gov. Lee has approved the following
bills: Providing for the sale and lease
of the Taylor lands: repeating chapter
l62, laws of 1885; to prevent the desc
Grafton of the United States flag: for
the adjustment of taxes between coun-
ties; appropriating money for the
maintenance of the state house; pro
hibiting nickel-in the-slot machines:
providing for the safe keeping of the
public funds; changing the boundaries
of the Third and Fifth judicial cir
cults: to enforce the clause of the con
stitution relative to monopolies and
trusts.
The house killed the bill extending
! the terms of Office of railroad com
missioners to four and six years. Bills
were passed TO authorize county com
missionerS to call elections to vote
bonds for public buildings; to estab-
lish Il state printing office at the state
reform school, where all state printing
shall be done hereafter: providing that
county commissioners proceedings
shall be published in newspapers of
each political faith; appropriating
money for the reform school def
cheney.
The referendum measure which was
in both houses all last week passed
both houses Saturday. This measure
is a proposed amendment to section |,
of article 3. of the state constitution.
1t provides that the people expressly re-
serve to themselves the right to pre-
pose measures to the legislature Which
it shall enact and submit to vote of
the electors of the state. The people
also reserve the right to require that
any laws which the legislature may
have enacted shall be submitted to Il
vote of the people of the state before
going into effect except such laws as
may be necessary for the immediate
preservation of the public peace. sup
port of the government and its exist.
ing public institutions health or safe
ty, that not more than D per centum of
the qualified electors of the state shall
be required to invoke either the in
itiative or the referendum. This meas
; ure shall not be construed so as to de-
prive the legislature or any member
thereof OF the right to propose any
measure. The veto power of the en-
ecutive shall not be exercised as to
measures left to Il vote of the people.
This section shall apply to municipali.
| ties.
The county depository law which
has received the signature of Gov. Lee,
is a radical departure from the present
method of caring for county funds.
Here are Il few of its provisions:
The country treasurer of every
county i'll this state shall deposit and
at all times keep on deposit for safe
keeping i'll state. private or national
banks in this state. and of approved
and responsible standing, the amount
OF money in his hands belonging to the
several funds of the county treasurer
Any of such banks may apply for the
privilege of keeping the funds upon
certain conditions. and shall state in
the application the rate of interest
they will pay on such deposits and the
amount of money desired.
All money shall be deposited in
the name of the treasurer as county
treasurer. and for all such deposits he
shall take receipt i'll duplicate. one
to be retained in his office and the
other filed forthwith with the county
auditor, who shall enter the amount in
a book kept for that purpose. and all
checks drawn against such deposits
shall be credited on the same book by
the auditor, before delivery to the
treasurer, which book shall be kept in
such Il manner as to show at all times
the amount of money on deposit with
said bank or bankers. All banks re-
ceiving and holding such deposits
shall be required to pay to the county
for the privilege of keeping such de
posits interest amounting to not less
than per cent and not mere than 4
per cent per annum.
For the security of the fund SC
deposited under the provisions of this
act the board of county commissioners
shall require all repositories to give
bonds with five or more free holders
of the state ::as sureties, such sureties
not to be stockholders or owners OF
such repositories.
The county treasurer shall not have