Daily capital journal. (Salem, Oregon) 1903-1919, 1916-03-10
Rural Credits Will
Be Submitted Alone
Continued from page Ons.)

money to the extent of 80 per cent of
| the actual value of his land holdings
| but he insisted that the value should
be based upon the actual value and not
| the future value. This was opposed by
the irrigation members because the
sage brush land that is subject to irri.
cation is worth on an average of about
so per acre and loan Of So per acre
would not be of material benefit to the
I development of their sections.
The drainage men said that a rural
credits measure would satisfy them as
| the drainage outlets we're all that need
ed appropriations. The present value
of the land in the western part of the
state could be drained easily with the
money that could be borrowed under
the rural credits system and this tend
ed to line the drainage men on the side
of the grangers and labor men. The
discussion was still raging when the ad
| journment was announced but it appear
ed to be mostly an echo of pent up
political thunder as the real business
Of the session was over when Shum
ways resolution carried. The confer
ence adjourned subject to the call of
the majority of the committee.
The Night Session.
At the night session of the confer
ence it was finally decided to submit
the rural credits amendment to the
constitution of the state as a separate
Amendment and the irrigation and
drainage amendment as another meas
ure. The resolutions committee brought
in a majority report last night recon-
mcnding constitutional amendment
providing that the state might use its
credit to bond for irrigation, drainage
and rural credits and giving the people
the power to initiate a bill for any one
of these purposes. Tre minority rec
commended measure providing that
the state might use its credit to bond
for rural credits upon the passage of an
initilted bill.
Upon motion of Senator Sam Garland
of Lebanon, these reports were re-re-
ferred to the resolutions committee
with instructions to report separately
on each question and upon coming to a
vote the motion passed SO to "a. The
committee again reported after mid
night and this time also the minority
report accompanied the majority re-
port, The majority report was append
ed as an amendment and provided that
drainage and irrigation be combined in
one measure and that rural credits be
submitted rs another measure, and taat
the amount Of any bond issue should
not exceed two per cent of the land val
nation of the state.
The resolutions committee which was
Iappointed yesterday afternoon consist,
ed of Asa B. Thompson, of Echo; Os.
wald West, Of Portland; c. r. Spence,
of Oregon City; A. r. Shmway, of
Milton; +, j. Stack, of Portland; W. H.
Gore, of Medforl; and w. Lair Thomp-
son, Of Lakeview.
Late Afternoon Session.
The trend of the oratory which
gained fairly good headway yesterday
afternoon indicated that the main
point of issue would be whether one
constitutional amendment embOdying
both the rural credits and drainage ana
irrigation provisions would be submit
ted to the people at the next election
or whether the propositions would be
submitted as separate amendments. All
appeared to favor rural credits or
tneaper money Tor the farmer and only
1ie ,ls, nleans Oh aVlalhIhg these ENDS were
"'lIetenl' T1', -, u,r,
-N4luroll' tue NliiaHhet'e NaIley uei,
vsello!s were no, strongly IN taVor OF
.IIisation since the ram attends to the
s ,itlsdtloh ,Ys'eIn uhIailingiy al on tn's slde
VI tne oascaues; I1e lrrlgatlonlsts'
noNeter, appeared 10 hoiu Tor the pre-
sa5,', Len'G.'o"s u 9otn questions under one
,its uI"ul"s III oIuer that thelr rlgatlon
PI'hs unSaI ne gwen substantial
1!, pooSt Oh lhe popularity OF the rural
WI W. my gIlen'' 5,,,
d, w. Lalr thompson, OF LakeVlew, was
sue sue eiTu.Plon w. Oh the dry farmers Whlle
1,"'o ~ ! tg'SuleI H nay tooE up tne gauht-
| ~. ~, L.u. .nV 'Vp"i.''on VI Vue ISSUES on
w "r'lol' nr, III ms SpeeCh Oh, 'he iloor
oaai;. u.' "o''lS9u S't loIln tn3t rur'l
tl'ul,S wou.I elu tnS ur$ lahu FARMERS
W l,"l iur 'nelr IahI ana alSo TO place
W. upon IT ouu ne urged mat the
s,u'' 's Nnole o1hu !ts cIeult TO Sc
tuio t'e "iuS Nulch nllg'' ne used Tor
,,ns"''ou PURPOSES ana 10 provide
nut,l nutneS ,I ioI 'ne SeV'Iers upon the lrri-
eli Uc s"iJ ", t5ot tbo bo,ls .ho,1,h. 3.
snp1 nnlor tbo Ronnroft hordinD .a4
land would sta,J os N l;o, ,,r"S7 tk,,
lands which now Solorr 80 tbo pV" s4ot, at
nnJ 10 nrivIto owners to NO ~ noiJ liz off ssI,c NV.
tbe octnaI settIer IN eosy P%,T no,viants W.,
Further no soiJ tbat tho isspos sbonIJ