Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-02-05
HOUSE DECIDES THREE
CENTS A MILE Is
ENOUGH FOR RAILROADS

fContinued Prom Page one.l
e~oe-~-~-~~-~~~~~~~~-~~e
OF Las Cruces, Instead Of obeying the
Instructions OF the travelling auditor
and taking out OF the bank paper Oh
himself and family, which was IN the
bank in January, 1914, then aggre-
eating $4,000. thereafter ana De-
tween that time and the failure q
tho bank increased such paper IN tue
sum of approximately $4,000 so that
al the dino OF the banks failure
smith and the members Of his ram
fly had paper in the bank agsIegatihs
SS7. 900.
ut Is likewise stated that at me
time OF the failure the secretary anu
treasurer Of the college board OF re-
gents was indebted 20 said bnnk IN
the sum Of approximately SlS,upV'
nearly all Of which was wholly unse-
cured.
I'VE are also informed that MI
Wetlaufer. who WAS registrar OF inc
COLLEGE at the time of The bank . iali-
ute. and had boon holding such posi-
lion at that time for about siN
moniils, Is a defaulter to the amount
81 approximuteiy xIO0. II also ar
pears that the present registrar AT.
MoSsman, is a partner OF MI, Gun
/ FOIL and IL is reported that upon the
date preceding the closing Of ne
bank Messrs Paxton Llewellyn, GUT
/ folt aud Mcssmau were all in the pahh
endeaVcting to assure anxious deposi-
I tors that the bank was solvent
l III il also stated that Messfs' tie 4
nlyn and Paxton were not only close
political associates OF the president
G
attorneys for him and for the bank
land Intimately acquainted with the
affairs OF the institution. ~ view OF
these facts no argument Is necessary
/ 10 convince any falr-minded man that
an Investigation should be made.
! The bin VIII pass the senate tenor
row afternoon, and II Is predicted thai
Senator'S Champion and Doepp Will
represent that body on the commit
1 tee OF investigation.
Hewitt Replies TO Blood.
Judge Hewitt in eeply to AIR Blood
/ said II suppose the statement oi
1.-The gentleman from san Miguel Is IN
troduced as an indietmen0of the coli
lege administration and the executive
While ] believe this proceeding Is oui
/ OF order at this time, I am in laNoi
II "A fair and full investigation Of thi'
| matter. am READY 10 co~optkatr. 81
there is blame TO be attached L thf
ravcrnor. the travelling auditor or an1
other. ! want all the facts TO become
known to The people OF New Mexico
let the blame fail where II may"
There was not a dissenting vote on
the proposition.
There Is rejoicing Ia the republican
camp All the factlQns represented
on The joint salary bin conference
committee have agreed on q salary
bill which is being drafted tonight II
will be submitted go the joint confer
ees tomorrow morning and hnme.
diately thereafter to Che separate re
publican caucus OF each house and
IN the afternoon to the ioint confer
ees. Ii is predicted that the bin viii
: be on the statute books b. the snd Of
: next week and that then the iegis,a-
ture can get down to real serious busi-
ness.
1ite Latest salary RiIl.
The bin as drafted tonight has fal
rs basis the Rlx-county classification
: idea of Mr. Holt In the first class
ara 20 be the counties OF Bernalilio
: chages. Coifax Dona Ana. Grant and
san Miguel, all with more than sIf.-