Pine Bluff daily graphic., 1917-02-07
Compromise Measure Gives Banks Option, but Pen
 alizes the Hold Outs.
GTRLS' TRAINING
 SCHOOL CREATED
Measure Makes No Appropriation, but Provides That Not More Than S143,OO0 Be Expended in Carry.
 ing Out Provisions.

ond time the house yesterday declined to make an appropriation of $1,G05 for the purchase of medals to present to the members of the Arkansas Ma tional guard, one regiment of whom returned yesterday from a service ot several months on the Mexican border The bill was brought up on a motion to reconsider, and was defeated by 8 vote of 56 to 34. The bill was de feated last Friday by vote of 49 to 25. Being an appropriation bill, e votes are required.
 A compromise bank guaranty bill was introduced and the bills that had been introduced by the committee on banks and banking. It is signed by Representatives Davis of Columbia McFarlin, Ross, Held. Thane. Wag- goner, Burrow and Carter. It pro- vides for an optional guaranty, and that the banks who do not participate in the fund shall be liable through their stockholders for twice ,he amount of their stock. A fund of 1-20 of 1 per cent of the average de- posits, less the capital stock and sur plus, is provided, of which one-fourth is paid into the state treasury and l three -fourths remains in the bank to l the credit of the state guaranty fund A state banking board is provided, of which the bank commissioner shall be ex-officio chairman.
 The senate bill by Owens to move the Boys Reform school to some de- sirable farming land. to change the name to the Boys Industrial school and to establish Girls Training school, passed, after considerable op- l position, by a vote of 66 to 24. It carries no appropriation, but provides l that not more than $143,00O shall be l expended in carrying out it's provi- sions.
 The house passed bill by Senator Ponder, authorizing the purchase of a complete set of the Arkansas su- preme court reports for each of the members of the supreme court.
 Hardage Answers Raney.
 On question of personal privilege, MT. Hardage presented the following statement to the house:
 Since MT. T. J. Raney in his in- terview last Saturday made reference to conversation at the senate cham Der in the old statehouse, I deem it not out of place to relate the sub stance of it. It was in the evening or the day the actuarial bureau bill- the Gentry bill-was defeated in the house. do not remember who preached the subject: but l said l was disappointed. that I thought the plll would pass, but that the insur- ance lobby was active. Senator Greenhouse referred to MT. Raney as tne author of the bill in 1913. which MT. Raney admitted, but said the bill should now be repealed. This is the substance of the conversation as l recall it, and has no bearing on the question of who caused the defeat of tne Collier bill in the senate and nc connection with his offer to trade in- ,iaences with me. It occurred on Monday night prior to his offer to eAcnange influences with me.
 'The conversation in which I told .llm that l beat him yesterday (mean- ,ns m the passage of the Collier bill en the house), but that he beat me Eoaay, was in the Marion hotel and
 some hour or so before the offer by
 nm 10 trade influences. In the first conversatlon in the Marion hotel he
 ael'her claimed nor disclaimed re-
 ponslollity for the defeat of the Col
 ,er Dill: he merely said, T hope the
 natter is ended I said. q do not
 Auow' %W' l seldom quit fight
 some hour. or so later returned
 .ne Marion hotel and saw MT
 naney talking with a gentleman; he
 Damealately Dam left the gentleman and
 Ibn Snie 10 me, and said: T can keer
 o q, ,eharltles board bill from passing
 S ias. .ae senate, but if you will quit the
 ha sat l Will guarantee the passage o1
 nc nc actuarial bureau bill, now pend
 s s .n the senate, in the house wher
 a seIs over there; have six or eight
 rsn "oers from the mountains that
 ha Sa ..io control and will have them pas.
 .u Canded Offer to Trade.
 annot ae used IS no such language as, 'Wt
 ..not De in the attitude of trading,