The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1907-12-19
EMERGENCY CLAUSE
REQUIRES TWO THIRDS
Payday ysgnOuncem .GtSpeIlS
Christmas Cheer in
House

Another BIS OF Importance to the
people Of Oklahoma was passed yes
terday afternoon. when the final vote
was taken on vandeventer's measure
providing for the loan and Investment
Of the permanent school fund. includ-
ing the s5.00O.o0o gift from the fed
eral government to indian Territory
The bill came back from the senate
with several amendments In Section
2. OF the original bin was a provision
That TIE met interest on farm loans
shall not exceed s'S per cent The
senate had stricken ont the word
metz and reduced the interest rate
from six 10 five per cent ner annum.
After considerable discussion these
amendments We're accepted. Section
3. was a provision for security of
loans and deposits as specified in the
constitution To this the senate had
added municipal bonds and warrants,
or other evidence of public indebted
rass for sewers, electric light, and
aial tax has been levied and lastly
bonds of surety companies A motion
that this amendment be also agreed
provoked an animated debate. An
amendment requiring the banks to
ray three per cent interest on the
money based on daily balances. was
lost. and the committee of the whole
rose and recommended that the bill
Nm Ft.. nfF & Fftf n
bill 80 against and seven absent.
This vote was just a few short OF the
twothirds majority necessary for the
passage OF an emergency measure.
Yandeventer changed his vote from
yes 10 no. stating that he did 80 fos
the purpose of reConsidering the
vote
rhe speaker aud other champions
of the measure looked grave as IL
was apparent that this important bill
had been detected. It's defeat meant
that the state treasurer would have no
place 10 deposit the five million dol
lars soon 20 be received from the ma
tional authorities, and the withhold
ing Of relief TO many banks and pao
Die who desired to borrow this money
mostly farmers
AHtn w 1AIUHtQ 0ilhANtis
At this iuncture "Grlstmii" Jones
sprang up and changed his vote
from mo" to "yeE. his announcement
being greeted with an outhurst OF APP
plausc. He was followed by Sands.
Riddle and many others in rapid sue.
cession. thus saving the bin from
even a temporary delay The vote as
finally announced was rs yeas. %
noes. seven abseld
Chappell. Of Logan issG5r os .ae
minority also changed his vote TO The
affirmative, saying iu explanation OF
his first vote:
Il voted against tie bin because
tho speaker arbitrarily denied q vote
0n a motion when the rules provided
for IL"
Speaker Murray replied: When
gentlemen vote against such impor-
fant measures as this simply because
they are sore, ] hope their constitu-
ents win remember it,
A resolution was presented from Ei
Reno asking the house 10 memnrialiZe
congress 10 permanently retain Fort
Reno as a military reservation. Il
was referred 10 the committee ON
federal relations.
ray Da0 tN oi8Wb-OWeeI Up
Chairman zones, of the committee
on per diem, mileage. etc. submitted
proper forms for signature of the
members and employees when falary
hos been received. The pay roll win
made out up 10 the time of the
iaay recess. after which pay win
wn regularly every two weeks
Eitr on Of Tax Paying Period
house went into the committee
o da hole for the purpose Of com
ei the Cope and Wilson bHa rel-
aif o. De extension of time for tho
By u .i taxes Under the present
la . rst half OF the taveg is dle
uro~ aat 3, and the entire tgx he.
C al.nquent If the half ia nof
lr January IS. This blil nn.
extend the time nf payment
c1 aud the time of hecomire
H1IaH 10 April l. Of 1903 Th
~ Gi of the whole recommended
fhn sN pass.
G. u' introduced.
f8 were introduced. By Har-
defining the powers of the
ca.F c0 and providing for a
afhrr and clerk; by Watrpus,
irr csnfensation for township
tnrk and trustee. as such. and Of
Diice ef ta peate and road over
six O'Clock when the
ti 30 was announced.
-------------------------------
--...<. -.,.,..,.- -, q. 81. .