Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1913-02-20
bney Loaned within State at a
her Cent. Shall Be Exempt
from Taxation.
USUAL WEEKEND RECESS
fort to Keep Legislature in
Session Saturday Fails
and Two Days Are
Lost.

Montpelier. Feb. 1L--As a result of the
sUussion of taxation, a bill was passed
the House this afternoon which says:
section Money loaned within the
ate at a rate Of interest not to exceed
lr and a half per cent per annum, evi.
need by n promissory note, mortgage on
al estate or personal estate or by bond
I a deed, shall be exempt from taxa
bn.
Section mo deduction on account OF
BITS owing shall he made from the APP
aised valuation of personal estate nor
ON the grand list of any person; and
ctions 5i5. $40. 80 553, sol and $50 of the
bic statutes and all amendments
ereof, and all sections and parts of sec
pms Of the public statutes and all acts
ld parts of acts inconsistent with this
elton. are hereby repealed.
This is II. 1a5. the bill introduced by
r. CLAYTON Of Londonderry. practically
be same as the Laird bill, passed by the
mate early in the session, with a sec
ID section added, and the rate Of interest
kduccd from five to four and half per
mt. Tho vote on the passage of the Dill
as 10 IT, 50, and there is some rea son
n believing that the Senate Will take
vorablc action next week.
QUESTION or ADJOURNMENT.
IF We adjourn this week without pass
2 a tax bill" said Senator Johnson
ir morning, 1--WE shall not he able to
lc final adjournment next week and the
tsincss of the session will be continued
to the week after next"
senator Henry had offered a motion
hat when the Senate adjourn this after
BON it be to meet Monday evening at so
usual. Mr.. Johnson protested, and
poke with some effect, as he is chairman
tho committee on final adjournment.
rveral senators favored the motion. as
y tinc that it was necessary for some
them TO &c home to attend Ia private
usiness. Mr.. Blanchard of Orleans, in
tvoring the motion, not only brought
ut that point but said he had been in
prmed that the Legislature was sending
ills to the executive more rapidly than
hey could be properly considered and act
4 upon. lie thought no hurried adjourn
lont could be taken in view of this sit
bat matter required any cousidcrat ton
n the part Of the Senate, but the mem
ers voted by a large majority to take
lie usual Weekend adjournment.
EXEMPTION BILL on TABLE.
| Taxation was again discussed at length
the House this morning, the subject
| eing II. 275, to abolish exemptions Sew
f,1tg nffa .1.;l I
nd the bill was ordered to lie that II. 145,
bill Of similar purpose but differing
n details, might be taken up.
Another debate ensued on the bin in
'rcasing the taxation of telephone COM
tanies (H. 53O and the bill was passed
The bill prohibiting the hunting of elk
Vas the subject OF a peculiar discussion.
The Benevolent and Protective order of
tIlks proposes to turn loose half dozen
~ these animals in the State, as deer
were loosed in Rutland county p years
kr so ago, and this prohibition is asked
That they may have opportunity to
propagate Mr.. Elliott opposed the bill,
believing that the deer were a pest that
bught to he eXterminated and that the
Introduction of elk would make the stua-
Lion much worse. Mr. Chaffee agreed
with that idea. Mr.. McCuen explained
The purpose of the bill and Mr.. Henry
chairman of the committee on game and
fisheries. supported it. The debate was
FATHER humorous and in the end the bill
WAS passed. The elk formerly Inhabited
Vermont bu. have not been seen here
For years 1t is believed that if introduced
|,nd protected. they would breed as rapid
Is as the deer
The Senate bill relating to the crimina
Jurisdiction Of municipal and city courts
which increases their power ana takes
Inanv matters entirely away from the
tounty courts, was the principal matter
bf debate in the upper chamber TINS
At the morning session MT
h .aird had opposed the measure, and il
The course Of his remarks sarcastlcally re-
ferred TO the necessity for municipa
nudge to keep in touch with the governor
|br the candidate for governor during &
|.alnpaign He believed the bill, If enacted
Into law. would result in a large increase
bf expense and would not tend to eXpeoit'
bustice or secure better results.
Mr.. Barber opened the afternoon debate
arguing at length on the general PROPOSE
Hion Of the bin and taking mp the argu
|inents Of Mr.. Laird one by one Mr.
Mower opposed the measure in a care
bully considered speech. Mr.. McCuei
! spoke briefly In its favor Mr.. Batchelder
|the Ntstor of the legal profession in tn
|assembly, spoke at length in favor of tn
hill in an address which was full of In
|terost and rendered more attractive b,
n ba ba hrplult
so many senator's were absent that Their
was no desire to have a vote this after
boon and it was made a special orde
flor next Tuesday. While there is such OF
position and the bar associations Of SOM
ID ounties have registered their opposition
|lt is believed that if two minor amend
|ments are made tho bill will be passet
by the Senate,
Senate bill No Z. 'relatinc to deduc
|iious for debts owing introduced earl,
In the session, came in with an unfaNor
able report, and, In view OF the condition
In the House, was slaughtered withou
a dissenting voice.
Some injustice was done Mr., Billings o
Woodstock in the official report Of yester
days proceedings He is said to hav
been inclined to favor the bill relating t
the tax on banks, whereas, as a matter o
tact' he was strongly opposed to it.
VERMONT HAS BLUE sky LAW.
The so-calied "blue sky" act, frs adept
ed in Kansas and designed to exclud
from the State questionable investrnen
companies while turning the light o
those already within the State, becam
the law of Ncrmout nv the auulDVaI q