The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-02-11

ristchsr and others advecattng It. the
vote stood tie, 10 to 10 on the pro-
posal to reduce the rate.
| ACKNOWLEDGEMENTS Eiiyson in the
chAir voted to reduce the>fate. This
was At the afternoon session
Make Dcsermined Fight.
When the proposal came mp again
* night determined fight was again
made on the bill, AZ amended. by
Senator West and HE supporters on
the ground, as Senator West stated
.nat the provision would make too
low rate on wealthy mems proper
w and to make up for 1t there must
ne an increase on real estate, the
property of the poor. He was strong
~ opposed to the reduction. The bill
on It's maj passage was realty fost
Tor lack OF the required majority,
but before the vote was announced
several Senators came into the hall
and secured enough changes In votes
omake the required Constitutional
vote OF over twenty-oMe for the mea-
sure, IT being q revenue bill. The
situation WAS critical. N IL the bill
mad not been passed It would have
ieit the state without any law pro-
Fiding for rates on intangible prop.
erty, and the whole system would
nave been in danger. Senator Mapp
was among those who secured the
changes In votes necessary to pass
the bill
BILL ifas FAr Reaching Eject.
Another fight developed over bill 20.
which was refused privileKsl posi-
ton on the calendar at the afternoon
~ ssion and at night, to avoid taking
II mp, the Senate adjourned. OPPOSE
ton to the bill rests ON the ground
that Its effect on bank taxes In so far
REACHING d,
time to consider 1t carefully.
Another bill that was passed in tho
scrimmage that on careful examina-
ton gives \ curious impression OF mis-
understanding. Is House bill III. This
bill deals with taxes on insoIvent
banks.
One of the amendments added in
the House provides that deposits in
such banks must be listed at their
fuil value before the failure. despite
the fact that there is no means OF
determining what their actual value
is until the affairs Of the bank are
wound up. Deposits in desunct banks
very seldom are paid in full. yet the
bin provides that sues, deposits must
be listed at their full. value and so
taxed
A bill of interest to Richmond is
that OF Senator Iesner, passed last
night. 1t provides that the Virginia
Railway and Power Companys prop
erty in Petersburg. Norfolk and other
cities. shall be taxed in the future by
those cities and not in Richmond. the
seat OF the ccmpany's main office. as
heretofore.
Modified Commission Bill.
Another important bill up last night
was Senate bill SO. returned from the
House with amendments. This hill
Ia the one over which the Senate
iabored so hard last week. II /, the
bill on the modified com
m Ission providing for State and local
supervision Of assessments This bill
as amended will be considered as
pecial order at I1:15 o'clock today
The fght on the bank stock bill. !
No. 20 began at the morning session,
and ran through afternoon and night
at various intervals.
In Honor OF Echols' Memory.
At the morning session a handsome
and fitting booklet containing the
Of respect to the memory
on the desks OF tina Senate members
by Clerk Hangar This is the first
time that such a piece of work has
been done in the body and C1erx
Hangar is justly proud OF 1t. The
book carries q photograph OF the dead
senator. together with the printed
resolutions OF the Senate and is we'll
gotten out.
Tuesday night. at the Pijou Cafe.
Assistant Clerk Jeter entertained the
clerical force OF the Senat. and the
pages at a crab roast, which wos pro-
nounced a most enjoyable occasion.