Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1916-02-22
Pass Two Bills and the
Solons Stop Session
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| The senate did not relish the
| changes made by the house. but ac-
ccpted them good naturedly and voted
| for the bill Several of the senator's
agreed that il meant "a registration bill
without "a registration. In u way that
| ~ correct but 1t removes the c2ar-liltc
power of the registration officer and
| does not leave him to say who shall
and who shall not be registered. Yet
there are some Objectionable features
OF the law and all Republicans and
Socialists of both houses voted
against it.
The usury bill received several
changes from the measure rs per-
| fected up to Saturday. There were -
members of the senate voted against
| II, and they did so on the theory that
certain provisions of the bill would
work a hardship on the state banks
in the lending of money in sums of
$500 and less.
On Final Passage.
Bills on final passage this evening
completed before adjournment. in
cluded the one appropriating SS5, ,0GO
for the working of convicts on public
roads, for the maintenance of the
pcnitontiary and for the negro boys
school at the prison OF this amount
$50, 900 will he used for the organiza-
tion of convict camps and equipment,
0,000 for the negro boys school ann
the balance for the penitentary.
The twine plant bill. which had
been rcsurrectcd. was also completed
and passed. The $S5, 200. which had
formerly been placed in it for the
penitentiary and the negro boys
school, was taken from ii and placed
in the highway bill. The twine plant
bill carries an appropriation of Sl25,-
900, only portion of which is to be
used for erecting and equipping the
twine plant. While members of the
senate expressed themselves as not
satisfacfied with the usury law, they
desired to pass such n law, and SuE-
gestions were made that as the legis
lature would meet again in about ten
months it could take another try at
it, 1t is believed by many that the
legislature will not overlook the mat
ter. and that either amendments will
be made to the law as passed now, or
an entirely new one will be brought
out Members of the two houses were
seemingly glad to get away tonight.
Many have stood to the belief that
the special session was not neces-
sity and that it will react against the
party in power.
\ Tifty-fifty Bill.
at is a compromise between the
senate. the house and the governor"
said Senator Barrett today in talking
of the conference report on the usury
bill which was referred to a COM
mittee Saturday night when 1t be-
came apparent that no settlement
| could be reached on the measure. 1T
was the best we could do" said the
senator. There would of course pe
some things in the bill Objectionable,
some things he said he did not ike,
| but it was the only thing that the
conference committee could agree on
The conference committee bill is
different from the measures that
have been prepared. The kil,am
amendment, which gained consider
able popularity. is wiped out ana IN
| its place is the provision that Where
usurious interest is charged the bor-
rover may tender the amount OF the
loan, less tie amount of the entire
| interest charged and If the lender
| shall accept this then the obligation
can be settled on that basis. If the
lender shall reject it then the obli-
CATION is Cgncelled.
The section which 1t Is claimed will
put the smt Ill banks out OF existence
Is section 4. which provides that no
suit upon any contract of $500 or
less, or an action in replevin or to
foreclose any mortgage or lien given
as security therefor shall be main
tanned in courts of this state.
This, in the opinion of Senator
Suthorlin. would operate to put out
of existence every small country bank
in the state A major portion of their
loans. he sad, was less than $500. Il
may strain point to vote for this
bill" he said, but | am almost afraid
to go back home.
Senator Keller said that nobody
was satisfied with the bill, but, he
said 1t is lot much worse than ii was
Saturday 1t amounts to nothing, he
thought. Tho measure contained the
ideas of nearly all the members and
that made IT ineffective. The courts
would not know how to construe the
provisions of the bill, and would not
know how to instruct jury in a ease
brought under II. THE majority of
the senate is against it, he said, but
they dare not vote against it,
Davidson Against II.
Senator Davidson of Tulsa opposed
the committee bill and said that its
operation would drive money out of
the state. and would prevent the
small borrower from borrowing
money. This hlll, he said, Will be
an eternal monument to the short
sightodness Of this senate" 1t would
drive every small bank out OF the
state.
Senator Davis of Sapulpa opposed
the bill ani said he believed it put u
premium on corruption and chican-
cry of the borrower. He believed the
committee did the best they could.
but the measure was not satisfactory.
Senator Hogan suggested that II
the bill was passed and became n law.
the banks would have to do business
under its terms and II they were not
satisfied with 1t, and there were so
lmany things that were not good
about It, II would not relieve anyone
from doing business according to the
Iterms of the law.