Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1915-03-11
HOUSE KILLS TAX
BILL AS
--VOTE 1911 TO Sc
Distasteful Idea of Flat Rate on Intangibles and
Is per Cent. Offsets Probably Defeated for
Session, But Other Offset Bills Loom Up
Fine for Incorrect Tax Inventories.

Montpelier, March 9.-The tax bill was
killed in the House this afternoon by n
vote OF 1854 TO &C. Thus H. 2as, one tax
measure which eight men from as many
different counties came to agree upon,
xas kept off the statute books by ad-
verse public opinion. A fat rate OF In
tangibles and 10 per cent. offsets seemed
distasteful to most of the State. The
fiat rate on the i%ntangibles proposition
aroused the opposition Of most farming
communities, and is probably defeated for
this session. But the Offset can not be
easily downed, since q dozen bills grant
ting offsets nave been introduced and must
still be reported and acted upon.
It will be- indeed remarkable If the
House is content with the present law.
1t seems likely that either a limited offset
will be granted, or that the present five
psr sent loan exemption provision 4 be
extended to savings banks and trust COM
panies. The most unfortunate feature Of
the situation Is that the tax question v
not finished, settled. disposed Of for the
session.
The apple grinding hill passed the
Senate this afternoon without debate.
but with the Hapgood amendment
stricken out.
HOUSE STANDS BY HAPGOOD.
The House stood by Hapgood to-day
and passed a bill which he advocated and
which the committee on highways and
bridges reported adversely. 1t was q
bin to allow arbitration proceedings TO
hasten the freeing OF the Peru turnpike.
where a toll bridge STU acts as a thorn
in the side Of the Peruvians and a cause
of surprise to all tourists. The commit
tee reported adversely because they
thought that the matter WAS already in
process Of adjustment.
FIX FINE OF 500.
The Senate took up the matter of in
correct tax inventories and the fine
therefor. They finally passed a bill
which made a penalty to 800 for an
incorrect inventory or a wilful refusal
to make out a correct inventory. The
House had already passed II, 376, which
was more rigid and imposed a son pen.
atty.
The House and Senate nave both
adopted the resolution asserting to tho
terms of the federal act which creates
an agricultural extension service and ap-
propriates. &c., 900 to the States with ad-
NltIOTdI IIOuut IL oofPiNneVN'
trustees OF the University Of Vermont
and State Agricultural College are en-
powered to proceed under the provisions
Of the federal law.
The uniform sales act. a law codify.
ing the existing law Of sales and one
which was approved and recommended
by the commissioners for tho promotion
of uniformity Of legislation in the Uni
- CA-Az. l-. ha... NV ad,yovsaIy
in the House by the judiciary commit
tee. Over ten States have already adopt
ed it. 1t does not materially change the
existing law. but 1t puts 1t on the stat
ute books where 1t can be more acces'
sible and Il makes ii conform to the
other States. Since Mr.. Black Of Bur
Iington, the i%ntroducer of the bill, an
Mr.. Morse of Hardwick were not ir
their seats this morning, the bill wa
ordered to lie. The arnory bill wa
again ordered to lie. owing to the en-
forced absence of Colonel Foster o.
Calais.
UNCLAIMED DEPOSITS ACT.
The House reconsidered its vote on s
rs and ordered It to a third reading. Thu
bill in place Of the present law on un
claimed deposits in savings banks which
requires that they be advertised ever!
neven years. provides that all account
remaining untouched for 80 years shall
be given to the State treasurer for tn
permanent chool fund. and that tn
owner can get It within the next Is year
~ he presents his claim to the treasurer
Bank deposits made by order Of probat
court and unclaimed for ten years shal
be similarly given to the State treas
urer upon order of the States attorney
The bill was amended by the House 81
as to name the States attorney In sew
eral places where the attorney-genera
Rad appeared. dnce the House in IL
present frame Of mind did not want q
give the ANNOUNCEMENT any NOR
work to do.