Goldsboro weekly argus., 1909-02-11
SENATE REFUSED
TO RAISE RATE
Distinguished Medical OFF,
GERS Invited to Address
General Assembly.
1WO|APORIANI LOCAL BILLS
Trustees OF Fremont Graded Sche0l
May Sell PROPERTY. Street In
Pikgyilfe To Be Extended.


The Senate yesterday by vote OF
20 to defeated the passage OF a Dill
by Mr.. Ray, of Henderson, allowing
an eight percent. rate of interest. The
bill had received an unfavorable re-
port from the Judiciary Committee. |
but a minority report was also filed
Only one speech in support of the bill
was made, Mr.. Fry, of Swain. support
ing it, but other members OF the Ju'
dietary Committee who had favored 1t
before the committee were absent
from the city yesterday.
The Senate has more than once put
itself on record as being averse to an
early adjournment. Yesterday Two
resolutions were introduced to ex-
pedite the work of the General AS
sembly, one by Mr.. Elliott, of CataW-
ba, requesting the Finance Commit
tee to prepare its report on a certain
date and restricting the time for the
introduction Of new bills, which was
referred to the Committee on Rules;
the other by Mr.. Fry, to prevent the
introduction of bills after the fifteenth
day of February. The latter resolu-
ton was withdrawn from the Com
mittee on Rules, to which it had been
referred, and given immediate con-
sideration, with the result that It
was killed.
Both Senate and House have invited
two distinguished medical authorities
to address the General Assembly to-
morrow night, and they will be heard
in the hall of the House at o'clock
Thursday evening. DR.. J. M. McCor-
mick, secretary of the Board OF
Health of Kentucky and chief organi-
zer of the American Medical Society,
will speak on infections diseases and
hygiene. Surgeon C. P. Wertenback-
er, of the United States Public Health
and Marine Service, will deliver his
popular illustrated lecture on tuber-
culosis.
The public is invited to hear these
addresses.
Yesterday was another busy work
day in the House, and a great many
bills of general Importance passed
their final readings.
The incorporation of several rail
road, electric and water power com
panies was perfected, one OF the
most important being the North Caro-
lima Public Service Company. this
being the new electric and power
company of Greensboro ana Nigh
Point, which has recently purchased
kn&A
pany.
Among bills of public nature which
passed were those regulating the Sal'
of poultry and stock feeds, condition
FOUNDERS, ETC., and the bill authorix
ing the Board of Agriculture to sci
it's seed test farms and purchase 9th
ers if it thought proper.
The Senate bill to amend section
1850 of the Revisa1, which fixes th
legal rate of interest at six per cent
the bill allowing the rate to be eigh
per cent, the committee recommend
ing that it do not pass, created a dis
cussion in which several Senators en-
gagged. Mr.. Fry, Of Swain, declares
that nearly all the banks charge eigh
percent interest in a roundabout wa
already, and he spoke in favor Q
the bill. He declared that the ST
per cent. rate has a tendency to de
press rather than to help, becaus
those who need the money most ca
not borrow as the banks are afrai
that those to whom the money
loaned will plead the usury law. II
said the six per cent. law was enact
: ed during political revolution by
Republican Legislature.
OF Local Interest.
Two bills that passed the final read
ing yesterday and are of much inter
est to residents Of Wayne count
were:
To allow the board Of trustees G
Fremont graded school to sell cer
tain property.
To allow extension OF a street
Pikevil1e, Wayne county.