Evening capital news. (Boise, Idaho) 1901-1927, 1917-01-09

mortgage against the property accept
| ed as security, and should remain so
forever, regardless of taxes, special as
sessments or charges for water rights
or maintenance fees OF various irriga-
ton districts that accrue subsequent
to such lease. This would be a great
protection to the state and its loan
funds and would give the state land
board a wider latitude in the loaning
of funds. 1t is absolutely wrong that
/ the state in its sovereign capacity
should be a subordinate party in any
| transaction. In it's loans. as well as
in everything else. it should be SUI
prcme. and the inherent rights of the
state should not be surrendered by
statutes or by usages.
MINIMUM WAGE COMMISSION.
The last legislature created com
| mission to investigate the wages paid
to women in the state of Idaho. The
members of the commission We're ap-
pointed by the governor and at the
! proper time, the report and findings
of this commission will be laid before
you for consideration.
RURAL CREDITS.
A law passed by the congress of the
United States and approved July II,
1915 provides a system of rural credits
| throughout the United States. which is
| bound to be one of the greatest con-
structive pieces of legislation of this
century.
In order that Idaho may receive the
benefit of this act to the fullest OK
tent, a more simple system of titles
and conveyance will be necessary and
also a simpler and quicker method of
foreclosures, which that act makes in
/ eumbent upon the states to enact be-
fore its full benefits can be made pos
sible
The amount OF money that Idaho will
require and the low rate of interest
that will eventually result through the
passage Of this act makes 1t well
worthy the most strict observance OF
its provisions so that it may be made
useful to the fullest extent to the farm
/ ers Of this state. A low rate of in
! terest. or cheap money. is one of the
crying needs of the agricultural in
terests throughout the United States
and with the enactment Of the rural
credits act. it seems possible to OBJ
tain it.
| Under the wise provision Of the rural
credit act the government will loan
| so per cent on the appraised value of
the lands and 20 per cent upon the
improvements, which is more liberal
than the constitution of Idaho permits
the loaning of state funds. The state
can loan only one-third of the APP
praised value of the lands, and i'm
1 provoments are not taken into conside-
ration.
The rural credits act will In no wise
interfere with the loaninE OF state
funds, as the small borrower who
comes to the state can get quicker re
salts than from the national govern
ment. at least until such time as the
act is more fully understood and more
generally in operation. The state will
always be able to loan it's money ii
reasonable amounts, and the large
loans, running from $4,000 10 $4,000
will naturally go to the rural credit
banks of the United States. while loans
from $500 to $4,000 will go to the state
Both those acts can work hand in hand
in this state and be help instead OF
I a hindrance.
4 LAND TITLES AND TRANSFERS.
There is a strong feeling throughout
1 the state that our mode OF conveyance
Ing and abstracting of land titles has
| become a burden to the people, and
would suggest in connection with the
national rural credit act that the state
adopt the Torrens system, or some
similar system, which is now in vogue
in other states. ana which has proven
satisfactory. In a new state like Idaho
with its great undeYelop-d resources
the transfers OF title to land must be-
many and the expense attached there.
4 to great and the danger of having Il
resort to the courts to perfect title oe-
ours frequently and is a hardship upor
the people compelled to resort to thai
!, remedy. No greater benefit would ae.
erue to the state than a system of this
kind that would max land titles Sc.
cure, aud l ask your honorable body Il
investigate the system with "a view t
adopting ii in Idaho,
PREDATORY ANIMAL FUND.
The state of Idaho is now paying z
bounty of $3.50 on coyote pelts and 81
on bear pelts. In my opinion the coy.
ote bounty Is excessive and without
doubt has been an incentive to bfine
pelts from adjoining states to collec
bounties from this state. | would sug-
gest that the bounty on coyote peit.
he reduced from SEQ to $50, as ii
! Wyoming. and that the bounty on beal
pelts be entirely repealed. as in III.
opinion there is no necessity existing
for same at this time and in place o.
$4,000 being a appropriated annually
under chapter 10. session laws of 1913
which is a continuing appropriation
that the act be repealed and the entire
tax for the bounty for wild animal.
be placed where it rightfully belongs
on the live stock industry of the stat,
that is receiving the benefit from /
and that can we'll afford TO pay for it:
protection.
! The pioneer dry farmer. who is doinl
J SO much to build UP Idaho, is entitled
: To some assistance in tho eradication
of the squirrel pest, which is destroy
ing his crops and thereby making /
the harder for him. with the other bur,
dens he has 10 bear.
RATE OF INTEREST.