News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1915-03-24
FROM THE STATE CAPITOL
[ConIinned from page i !

House was devoted TO u meeting OF the
House Ms IA committee Of the Whole at
which Bank Commiss Frank @.
Williams explained H. 277 and II. 2S2,
bills relating TO banks, Que providing for
board TO appraise bank ST OK uniformly
aud another that plac, bank stock
locally III the list at par and tie excess
to be listed 10 the STATE and on which
the owner pays tag OF seven mills, thus
removing it from the towns where
located.
Mr.. Wilson of Chelsea made the
motion that the house o. olive itself into
n committee of the whole, for the pur-
pose of considering III. 277, and H. 282,
and that the bank commissioner, +. O.
Williams of Newport, be invited to adj
drets the House on the bills in question.
Mr.. Morse Of HaIdwick took the chair
as presiding officer.
Mr.. Williams discussed many features
of the banking laws, and stated that
seventy nine millions of money on de.
post in the state banks were owned by
1873, go citizens OF Vermont or more than
one half the entire population. Sixty.
six millions of deposits were held by
1900 people. There are thirteen mil.
lions of foreign deposits, and an average
deposit Of $421. Mr.. Williams said that
he had frequently been criticised by
commissioners from other state because
they claimed this state did not have
enough liquid assets, but he called at
tention to the fact that all banks in and
about New England excepting Vermont
and New York bad in the stress of finan-
cial times last fall, lost practically all
liquid assets.
He said that the appraisal of bank
stocks in different towns had been very
erratic anu varieO he told of how many
banks had epdeavored TWO years ago TO
evade taxation and of the methods fol
low ed; the advantages aud disadvantages
OF each proposition We're stated, but he
thought the banks generally valued their
stocks at approximately correct figures
he stated that about six banks i'll the
state would feel that they were sufferers
II they had to pay tax at par, they beng
young banks If H. III was to become
law, the advisability of two amend.
ments be consldered; one proposed that
in addition to local taxation, the banks
should be taxed to the state at seven
tenths OF one per cent, annually. Mr.
Wilson Intercepted the commits sioner
as to the difference III the application of
the tw bills. Mr.. Williams thought the
new law would raise the grand list about
$500 and would be gradually increased.
1t now appears that the very drastic
bill of DR. Mayo of Northfeld for the
handling by the state of all venerei dis.
eases will become law, i'll which case
there will be things dong all along tie
line. The bill demands that when phy-
CioIan hQnnrnpG 4 n of ~
nature he shall at once quarantine it as
i'll case Of any other infectious and com.
munlcable disease and then it is under
the care of the local health officer, acting
for the State Beard OF Health. The
quarantine may not be especially open
and notorious, but it will be carefully
and thoroughly enforced, and the ut
most care taken that there shall be no
infection while the patent is able to
communicate it.
1t has been shown to be very evident
here that there is a most emphatic pub.
lie demand for such regulation. and the
state is apparently very much alive to
the necessity of emphatic action in
view of the probable passage of this act
it is likely that the so-called ''eugenic |
bill, . which recently attracted |
so much attention, will be allowed to |
die, the public meanwhile observing the |
opera ton of the latter act.
The bill for the regular scientific in.
spection of all establishments in which
milk is handled has passed both houses,
and after it gets to working it may be
that all creameries will be like
the baking absolutely pure"
The bill permitting the organization of
a farmers cooperative insurance COM
pany throughout the state, under direc-
tlon of the State Grange, is also an ac-
fact.
1t is likely that the state support of
the State Fair will be continued with an
appropriation of $4,000, with an added
$4,000 more to be divided among all other
agricultural exhibitions in the state,
whether incorporated or not.
The House bill, "for the conservation
Of the flood waters of the state" in other
words, to locate sites for power and man.
lfacturing plants, and to provide for the
protection by the state of all such, has
likewise passed the Senate and will be.
,ome a law with the Governors sigma
;ure. In all, $50 0 is appropriated to
carry out the plan.
Inc uprOar over tn6 proposition 10
Ibolish about everything in sight has
about died down, and there is thus far
nothing to show for it.
The Factory Inspector is seemingly
afe, after having had healthy scare
brown into him and admonition in the
way of official quietude anu economy.
md the bill to wipe out .he whole bust
less will die in committee.
The bill likewise abolishing the office
# Commissioner of Weights and Meas
Tres will also be smothered, but it is
that the Governor has his eye
N some other statesman 10 succeed
Henry as head of the de-
,artment. The latter insists that large
at least Sl2 co., is abso-
utely necessary with which TO carry on
he department, while the general sense
S that half that sum ought to do, and
me we'll qualified, a responsible party
ffers to administer it TO The limit with
2 900. The office will be continued UNI
er somebody, but the late Attorney
General style of expenditure will be con-
curtailed.
An army of lifelong friends of Sena-
or Page were delighted 10 have an op-
last Thursday afternoon and
4. I