The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-01
PRIVATE BANKING :.
BILL MEETS DEATH
Senators PIasterItWith Amend
ments and Then
Stay 1t


bill until the the original was hardly
recognizable. the senate yesterday, In
committee of the whole, recommended
| it for indefinite postponement.
This does not mean that no bank
legislation will result, as there is
house bill by Representative Lund now
| before the senate, which requires prl-
vate banks to incorporate ana come
| under state supervision. 1t is suDstan'
| tally the same as Senator Eberhart's
| bill, which the senate has killed in all
! its guises three times.
Senator Collier offered the amend
ment that killed the bill. 1t provided
| that no private bank should loan to
| exceed 25 per cent of its capital stock
and surplus.
I'VE might as well kill the bill as
adopt this amendment" said Senator
| Somerville.
Senator Eberhart approved of the
amendment, as did Senator Thompson,
who thought II was quite fair, mas
much as state banks were restricted
to a Is per cent limit on loans. The
| amendment was adopted, and Senator
Thorpe moved it be recommended to
pass as amended.
Senator Somerville moved, as a SUBJ
stitute, that the bill be indefinitely
postponed, and on a rising vote the
| motion prevailed by a vote of % to 81.
Signs that the session is drawing to
| a close appeared in the numerous re-
| quests for suspension of the rules and
passage of bills Hereunder.
Senator Cowan asked that his bill
| changing the name of Pine county to
Glover county be passed under suspen-
| sion of the rules.
Senator Durant of saltwater ques-
toned the propriety of the bill and
wanted know UhU III offered
Senator Cowan was about to an
swer but Senator Wilson of Hennepin
was ahead of him, and replied:
ut means if this bill passes DR..
Cowan will be in clover all the time"
In vain did Senator Durant urge the
senate to pause before changing the
name of a well known county. The
bill passed with only one vote against
1t.
Shortly afterward President Jones
announced:
Senator Shell offers the following
resolution" And the clerk read 1t:
Resolved, that the name of St. Louis
county be changed to Alfalfa" Hearty
laughter greeted this, and the senate
proceeded with the business of pass
ing bills under suspension of the rules.
Police Pension Bill Passes -
On motion of Senator Horton the
police pension bill affecting only Ram
sey, Hennepin and st. Louis counties
was passed. The bill grants a PEN
sion not to exceed $40 month to po-
licemen who have served on the force
continuously for a period of twenty
years, and likewise for physical dis
ability suffered in the discharge of
duty. Policemen, whose time of serv-
Ice aggregates twenty years, though
they have not worked for so many con-
secutive years on the force, Will not be
eligible for pension under this bill.
The senators discussed on general
orders Senators Stephens bill to in
crease the salaries of the railroad and
warehouse commissioners from SO 900
to $4,000. Senator Laybourn thought
$4,000 was a big enough salary, and
Senator Wftherstine opposed the in
crease on the ground that the state
didn't have the money to pay the COM
missioners $4,000 apiece a year In
the end Senator Stephens asked that
progress on the bill be reported.
Senator Dunn'S voting machine bill
authorizing the use of an effective me-
chanical device at elections was pass
ed, as was Senator Somervilles inner
itance tax bill. This measure imposes
tax Of 1k per cent on inheritances
ranging from $4,000 to $4,000, 3 per
cent on those from $4,000 to 500 600
and per cent on all inheritances ex-
ceeding 100000.
Senator McGilrs bill appropriating
$1,000 TO defray the expenses of the
ceremonies incident to the removal of
Inc regimental flags from the old to
the new capitol. was passed.
Representative Erickson's bill to
prohlblt bucket shops within the state
was recommended to pass. A bill by
Senator Ward. authorizing city coun-
ellis to abolish bucket shops was passed.
In the house.
The SQnata oaror,;{too
with favorable recommendation the
Perley bill divesting the state board
of control of jurisdiction over the state
university and normal schools.
After some debate over the adjourn
ment, the senate adjourned until 10
a. m. Monday.
Bills Passed by the Senate
S. F. No. 429: BY McGill-Authorizin
corporations to decrease the number Of
trustees. Va
s. F. No 440: By ST Louis Delegation
-Authorizing board of education in cities
management of the public schools
5. F: No. 740: By Swedback-Appropri
atl9n for bridge in Norman county
for the incorporation of lands of state in
situations in adjoining villages
S. F. No. 493: BY Dunn-Authorizing
IN, me use OF voting machines in cities. viz
s: F.. No. S2S: BY somerville-Pro-
viding for taxation of inheritances and
requests. anu
S. F. No. 431: BY McGowan-Reducing
the fees of clerk of courts of Hennepin
S. F. No. S7s: By cowan-changing
the name of Pine county to Clover
county.
II. F, No; 542: BY Twin City Delega-
tlonn.-:Establishing police pension board
S. F. No. 365: BY McGill-Appropriat
ing money to defray the expense of re-
moving the regimental flags from the old
to the new capitol
H. F. No. 154 BY Bennett-Legalizing
conveyances Of real estate by husband to
S. F. No. AIS: BY Durant-Relating to
purchase of school books for Washington
county.
s. F. No. 2sO-Authorizing cities Of
from 10000 to 10000 inhabitants to estab-
fish waterworks and issue bonds.
Bills Passed to Subcommittee
All fha Oir1Si iDi,1pr school Io;lle l.. A.