The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1914-05-16
LEGISLATIVE POINTERS.

It is proposed that natural oil shall
be taxed.
Fifty thousand dollars is asked for
on hog cholera campaign.
Thirty-seven votes, it is estimated,
are all Labarre's race track bill can
count on.
Representative Leon Locke fathers
the compulsory attendance at school
bill, which permits local option on the
subject be taken by parish or ward.
Senator Patterson offered drastic
antitrust bill similar to the Texas law.
1t directs the Encouragement to pro-
coed against trusts and monopolies on
certain conditions. 1t is designed to
make operative the antitrust section
inserted in the Constitution Of 1913 at
the instance of Mr. Patterson.
Representative Generelly Of Orleans
Informed the House that he will intro.
duce registration and election bills
These are the State administration
measures. Mr.. Generelly will also in
troduce a bill to give the Progressive
; party representation in the State anG
measure to change the law relative
: to State bank examiner. Banks ma!
lnow be closed whenever the bank eX
, aminer deems it advisable. The Gen
: erelly act would have the examiner
7 the governor the auditor, the treas
l urer, or any two of them, decide
? whether or not bank should b.
: closed
2 Representative Locke of Calcasieu
t chairman of the House Committee Of
: Appropriations introduced concur
S rent resolution providing for the az
d pointment of joint committee of thre
n Senators and five Representatives t
Y Investigate the necessities of the Lot
s isiana State University, Industrial an
r Normal schools, insane hospitals, chal
6 Iity hospitals, etc., and submit repoT
e to the Legislature on the advisabilit
of issuing bonds. Supporters of tn
Locke. resolution believe they hav
sufficient strength to pass the measure
The plan is to issue bonds in whateve
amount that may be necessary up t
= $5,OOO,OOO
Declaring 1t to be the purpose of tn
lawmakers to have full discussion {
y the question of the guaranty of ban
deposits, the House of Representative
~ by unanimous vote passed the concu
" rent resolution introduced by M
- Schwing of Iberville, and amended b
" Mr.. Generally of Orleans, extending
= broad invitation to the proponents an
opponents Of the guaranty system I
- appear before the General Assemb
- and furnish all of the information tn;
:" can be obtained concerning the oper
- ton of guaranty laws in other states
70 Representative Frank Powell
ii Beauregard will also introduce b
&c providing for the guaranty of bar
- deposits. Explaining the provisions
. his bill, Mr.. Powell said that he hi
patterned it after the Kansas la
which made it optional with the banl
- as to whether or not they would emit
the guaranty system.
no The Schwing bill is also model
Nv after the Kansas law, but taxes Il
90 banks one-twentieth of one per cent (
re their deposits for the maintenance
of the guaranty fund, while the Pow
bill imposes a graduated tax. T
~ Powell bill taxes the banks one-twe
,+ tieth of one per cent on the first m
nv lion of deposits, one-fftieth of one p
nm cent on the second million and 81
vn for each additional million of deposi
ty, The Schwing bill provides for ma
lot imum of five assessments per amt
ac- for the maintenance Of the guaran
en- fund, while the Powell bill reduces tt
ID, to three assessments for each We;
The Schwing bill fixes the minimt
at 500, while the Powell bill max
it $50.
Senator Barrow offered resoluti
on the subject Of guaranty Of ba
49, deposits.
" SURE KILLER OF BOIL WEEvil