Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-04-30
MONEYS
MEASURE WILL
Be LONG STEP
FORWARD
Senator Clark's Bill Would
Compel Immediate Deposit
ing Of Official Collections
in State Treasury.
IMPORTANT ACT GOES
THROUGH SENATE TODAY

lspcstnl Telegram 90 tine Hcraid.)
Santa Re. \. NJ, April sO.--The
senate this morning took up and
passed senate substitute for senate
bin No. 6i. the public monies bill
This s. acknowledged to be one OF
the best and most important meas
ures OF the present session ana re-
ceived unanimous vote except for
Senator Evans. who declined TO vote
for the blli on the ground that the
rate OF interest TO be charged ON
public funds was not large enough.
The bin came up on third reading Ia
the senate at 10 o'clock and Mr..
Clark, chairman of the finance COM
mittco. WHO drafted the bill, moved
that u be read In full and be then
passed. II required ap hour to rend
the measure Prior TO its passage
senator Barth said that he WAS IN
favor OF the bin and hoped that a
would pass, but he desired TO 10 on
record against the use OF the omer-
gcncy clause, II this measure carried.
He said that as the state has been
able 10 get along thus far a few more
months would not matter. senator
Holt said there seemed 10 be a mis-
taken Idea aB to the operation Of the
emergency clause. He said that it
was not necessary that there should
be a war. an epidemic, or an uprising
within the state 10 invoke the omer-
Eency clause. Whenever IN the iudR-
ment of the legislature a law should
become effective az once, the ener-
gency clause may be used. and that
action Is final and cannot be reviewed
by the court. lie said the governor
might have the right to use veto
on q ban carrying tho emergency
clause. but that otherwise the deci-
sion OF the Legislature was final
"Just because New Mexico has gone
along for sixty odd years under the
old system of handling public funds
ls not any reason why such "a spien-
did measure as this one" said Mr.
Holt" should not be put into effect
at once"
Senator Barth further explained his
position. lie said he did not believe
the emergency clause should be used
on any kind OF a bill but that some
thing In the nature OF real ener-
gency ought TO exist senator Cramp-
] AbA AiAHM HntA AfltA hhf thftkhHhea
clause being used was modelled after
the oregon emergency clause, which
has been passed upon by the Oregon
supreme court. -iio said that unless
the emergency act was used the state.
counties and municipalities would
lose interest on their deposits from
three 60 four months before this law
could so into effect when this bill
WIS pending sesterday In the commits
/ tee of the whole senate senator Barth
spent considerable time over In the
house, whore IL was reported the cOn-
test cases were likely TO come up. In
reference 70 the absence OF Mr.
Beflh, Rir. Champion said that he
regretted that Mr.. Barth dld not find
tt expedlent Co remain IN the CONE
mlttee Of the whole yesterday and
there raise the question az time
when the majority and the minority
had reached an agreement on the
bill. Mr Ba9th dld not reply. Sem
ator Mccoy said This Is one o. the
best bills ever presented IN this sem
ato ana Il ought 20 have the emer-
gency clause. Ths senate then tabled
original bin No. 81 and senate bill
No. 90. similar meaaareH
The features - this bill were told
Ia the Herald yesterday. IL prevents
state, county or city officials from So
curing interest on public funds for
their personal uses and requires that
all interest be turned over 10 the
treasurer. Il provides that daily hal-
ancea must be taken on "a book open
20 inspection OF the public during Of
five hours. II also creotos state, coun-
/ ty and city boards OF finance with
I fun authority 90 prevent the misap-
preparation OF funds or interest
Another question OF the emergency
clause was raised this morning when
the governor In message 90 the SEM
ate announced that ne had allowed
senate bin No "a providing Tor the
payment Of back salary due Judge
Mechem and his clerk 10 become a
law by limitation. he said the only
reason he aid not sign the bin WAS
because Of the emergency clause, and
he said the bin was far more Ia the
nature Of deficit and not AN emer-
gency lie asked that tho cmergency
clause be used only where real emor-
gencirs existed The only new hill
introduced in the senate this morn
Ing Was BY Mr. Holt. q "a copy
of the Uniform sales law SUCH as ca
/ lists in other states. II was referred