Lovelock tribune. (Lovelock, Nev.) 1898-1912, 1905-02-17
WEEKLY BUDGET
FROM STATE CAPITOL
BILLS AND MEASURES UNDER
Discussion in Legislature.
Claims for Deficiencies at Louisiana
Exposition Governors Mansion"
Bin Passed. About State Con-
tract Lands.
CARSON Cry. Feb. 8. 1905.

GDi1oh Tribune.
Quietness reigns at the Capitol this
week and the Legislature continues
to grind out laws, good, bad and in
different" as the saying goes, at a
Flow pace and with very little to en-
liven the routine of business. Occa-
eional bursts of oratory from aspiring
Young statesmen are heard in the
Assembly, but little of an animated
nature; while in the Senate little ora
tory is indulged in.
On the question of allowing the
claims for deficiencies in the Louisi-
ana Purchase Exposition appropria-
ton which claims were ably cham
pioned by Senator Rpff of Washoe
county-there was some jangling, but
the till allowing the claims was pas
sd by vote in the Senate of l3 to
., two not voting.
Assembly hill No 2, known as the
Governors Mansion" bill, came up in
the Senate Wednesday and was dis
cussed at some length. Speaker
Platt of the Assembly. addressed the
Senate by invitation and made an able
and eloquent plea for the bill. Some
little effort was made on the part Of
TIE opponents of the measure to have
the final vote on it deferred, but the
opposition WAS teo weak and the bill
passed By vote of II to 3.
Many of the more conservative
members think the appropriations, in
GLIDING those made to meet deticien-
ci-s and relief bills, .ill be greater
at this session than at any previous
session for some years back. Ninety
odd thousand dollars have been al
ready appropriated and no appropri-
atioas have yet been made for the
maintainence of State institutions for
the next two years.
A bill is now being discussed in the
Assembly which aims. in round
about way, at reducing the interest
on State contract lands from six to
four per cent. The interest on these
contracts amounts to something like
$1,000 year and is the chief source
OF revenue for the support of the
public schools. II it should pass both
houses it would have the effect of
transferring, in short space Of time,
the sum of SIS .000 year from the
school fund into the pockets OF the
wealthy landowners. 1t is argued
by the friends Of this measure that
unless the interest on these lands be
reduced the holders of these contracts
will ray for their lands and take out
patents and that the money thus paid
in will go into the irreducable school
fund. which can only be invested in
National or State bonds bearing in
terest of 2 to per cent, and that
this will reduce the revenue available
for school purposes more than would
the reduction OF the interest on the
State lands. Again. they say that
many of the contracts will soon ex-
pire by limitation and will have to be
paid unless the time specified in the
contracts for payment be extended.
This last argument ID admitted and
bill extending the time Of payment on
these contracts should be passed at
this session, for law extending the
time of payment 20 or rs years would
be satisfactory to everyone.
On the other hand, it is claimed by
those opposed to reducing the rate of
interest that if the time for payment
of the principal be extended 20 or 25
years, very few will pay sp on their
contracts, because it is easier to pay
6 per cent on money owed to the
State than to pay 8 per cent. to
the banks on the money with which
to make these payments; go they will