The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1913-05-11
STATE CAPITOL BILL
PASSED BY SENATE
EMERGENCY CLAUSE ELlMINA-
TED WHICH MEANS POSSIBLE
DELAY OF go DAYS.

L lie senate LOOK llS luIu DIT Iue Slat'
capitol building today and with line
up that never was below twenty-five
cut of thirty-n votes present, thu
advocates drove the measure to fina
passage, but lost the emergency sec
tion. If this action is cOncurred il
by the house, which it is believed
will be the case, effectiveness of the
measure will be delayed until ninety
days after the legislature adjourns
Senator Memminger and others
made an effort to convert the appro-
priation of $l500,0O0, proposed cost
of the capitol, into a bond issue and
| submission OF that to vote of the
people at the August election. The
amendment was defeated by vote of
Is to 25.
In supporting the bond issue idea
the senators brought forward the
same argument used in the house,
that the state house was to be used
by the people of several generations,
and those of the future should assist
| in paying the cost of>its erection This
was supplemented by the fact that
| 10 per cent of the land in eastern
Oklahoma would not be taxable for
| ten to thirteen years, under treaties
with the Indians made prior to state
hood, and if the who'll cost was pro-
yided tor now, that land would escape
al the burden. Senator Memminger's
prCpCsed bond issue was to run for
| twenty-five years 4 12 per cent in
terest and no levy for a sinking fund
was to be made until the end of the
tenth year. He said the state was
hopelessly in debt, adding that when
counties wanted to erect Jail or
court house or communities wanted to
put up schoolhouses, it was always
done through bond issue.
Supporting the immediate bond is
sue through popular referendum, Sen
atOr Redwine referred to the recent
S3,00000O bond issue the state made
to take up outstanding warrants and
said that no matter whether the total
cost was authorized now or only
part of it, a bond issue would have
to be made in the end and there was
no use. he said, fooling the people
into believing they were to get off
easy.
@SScSi' FS'SS"hoSSs
Senator Thomas, chairman of the
appropriation committee, and manag
ing the capitol bill, asked the McAles..
ter senator if the state had not spent
in his town on a penitentiary $780,
900. The reply was in the, affirma-
tive, but the McAlester senator added
that was from the public building fund
and he would support similar ap-
preparation for the capitol He re-
minded the senate that while the pub
lie building fund was being doled out |
he advised setting aside part for a |
capitol building.
The senate got a good lesson in |
percentage along with the argument. |
Senator Thomas figured out that at |
the end of twenty-five years under |
the Memminger plan the interest and
principal would make the state house
cost about $4500,000. To Senator
Memminger he replied that the state
was now paying about $685. a year
rent, causing the latter to suggest
that it would be better for the state
to pay rent for a while.
Instead of worrying about the al
legged terrific burden to be placed on
the taxpayer, Senator Sutherlin de-
clared all had overlooked the fact that
the town lots would bring payments
that would more than complete the
building, SO, as he figured, all the
people would be asked to put up was
the first S250,000, and that was not
to be available until the next fiscal
year. This would amount to only
. 20 no nnn Of y,hinh |
he said was "a mere bagatelle."
Il claim some ability at figuring
on these mere bagatelles.'" said
Senator Russell. The bond issue
means 4 1-2 per cent money as
against either per cent on straight
an amplitude of wrich will
Ie issued in this venture. never fear,
md is per cent penalty on delinquent =
axes :,
The senator added that he favored q
forty year bond issue, with no sink y
ng fund during the first twenty
ears. ,
The state capitol belongs to all the h
eople, was the position of Senator
lcIntosh, and the people had a right i
o be heard on the cost of it. 1t was n
buSlHtSS piOlOSillUH anu ne tdu- | II
ioned the members to deal with it
o, warning that the people might re-
lliate if their rights were disregard
d.
Interest on Bond Issue. =,
Senator Shaw branded the amend ;,
lent as an indirect fight on the bill, - -
nd Senator Roddie told the senate "
lie bond issue meant more than =,
alf a million dollars in interest for =,
lie first ten years. :;
In the total appropriation carried ~ =,
the bill there is gathered about e.
$4,000 from which is termed dead "
Inds' or former appropriations un- =,
lpended. Senator Garrett of Fort :
ibson. banker, Illustrated that by
he bond issue, compared against
hat he said was the certainty OF -
ate warrants being used. the state -
ould actually save l 1-2 per cent =
terest, or a total of about $780, II
70. o
There are no dead funds" he said. v
rhe only dead money | ever run p
ross was counterfeit" u