The circle banner. [volume] (Circle, Mont.) 1914-1939, 1917-02-09
Favor Ten Per Cent Interest.

Favor Ten Per Cent Interest.
| The house committee on banks and
banking reported unfavorably the bill
which provides that the maximum rate
of interest shall be 8 per cent A mi
nority report accompanied this, the
maximum being placed at 10 per cent
and upon this report debate ensued
| Mason for the minority explained that
| at present the maximum fixed by law
| is IL per cent and he thought by meet
ing the figures half way the house
would be more likely to give the bill
favorable consideration.
This measure has been In the
house in previous sessions. Belden
spoke for the IL per cent maximum.
Higgins thought 10 per cent too high,
and he said that no ordinary man In
business can pay IL per cent for money
and that if the banks should lower
their rates, it would tend to enhance
development of all industries; he said
all the banks of the state are overflow
ing with money. The minority report
was adopted, 81 to rs.
Woman Legislator Speaks.
There is marked sentiment in the
house of the legislature opposed to the
indiscriminate operations of some of
the billiard and pool halls of Montana.
The Cotter bill as presented to the
committee of the whole provides that
pool halls shall close at midnight and
open at in the morning Higgins
moved to amend by striking out that
part of the section relating to time of
of the first class, cities of lower class
being allowed the privilege of closing
at midnight. This motion brought on
spirited debate, Mrs. Hathaway max
ing her maiden speech in favoring of
the original bill. She thought all hus
bands and sons and fathers should be
at home not later than midnight, be
they residents in first-class cities or
small towns. Her plea for the early |
closing was earnest and when she con.
cluded she received an ovation.
Again Those Employees.
Again the employee question has
bodied up. Crismas introduced a res |
olution, the intent of which was that |
all employees engaged be paid in full |
from the time they were notified that |
they were to be members of the staff |
This means that employees who were
engaged and not set to actual work |
for some time after, should be paid for
all the time. This brought to their |
feet several men who think that EN-.
ployes should not be paid before they
actually go to work. Then some one
said that the members themselves
were not docking themselves for the
time they did not work, it being
argued that $40 day is paid to men
who do not work for more than an
hour. Finally the resolution was
adopted.
New House Bills.
Among new bills introduced in the
house are the following:
By OBrien-To extend the boun.
1
he boundary of Deer Lodge county.
% take in strip that does not have
adequate road improvements.
BY Holt-Requiring railroads to pay
penalties for failure to provide freight
,ars or for delays in the Transports
ion of freight.
By Notwithstanding for the in.
'estment of school funds.
By Burnworth-In relation to the
assignment of stock certificates.
X X X
BILLS Reported FavorabIy.
Senator Lanes congressional division
ill received an official 20. K" from
he senate committee on apportion-
nent. House bill for the construc-
ion of bridges within towns was also
recommended for passage as was the
ill of Senator Burla to submit a con-
titutional amendment providing for
he classification of state lands so that
hose lying within three miles of
own might be sold.
X X X
pportionment of Taxes. :
Helena. - The Montana assembly r
as now settled down to long battle I
yer the apportionment of taxation, in
hich are arrayed on one side the min
lg corporations, as we'll as individuals
oncerned in mining, the merchants a
the rotary clubs and sim a
ar organizations-an on the other
lie various farmers organizations, of I
hich the Society of Equity is the
lief :.
X X X 81
office of Senate Bills.
Notice of bills to be introduced In =.
10 senate include the following: :,
BY misunderstanding minimum
ovement of loaded freight cars in !.