Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-04-02

cost Of hard surfacinG per acre 70
those within . mile and . half OF the
road 90 improved who would como
within an assessment district under
the present bill. The owner OF the
land bordering the paved highway
would pay IS per acre or the firM
quarter mile back from the paved
highway would pay at the rate OF s.
per acre. the second quarter back
would pay 81 per acre, the third quar-
ter back from the paved road 80, the
fourth quarter mile back or mile
back the assessment would be ~ per
acre. the fifth quarter 81 per. acre and
the sixth quarter or a mile and han
back from the road the assessment
would be sixty-two and a nalf cents
per acre,
This IL figuring the average cost pc.
mile OF hard surfacing at $4,000. The
benefit zone would be three miles vice.
extending back for IA mile and a half
from each side OF the hard surfaced
highway. or In other words the frst
quarter mile would pay 80 per cent OF
the cost OF the road. the second quar-
ter 2S.6 per cent. the third, 90. the
fourth 1913. the fifth 6.4 and The sixth
e. per cent
Senator Balkema estimates hat the
land would increase In value from go
to $50 per acre because OF the paved
highway and that the land adiaccn. 7"
the highway would enjoy the largest
per cent OF benefit and Of increase.
The question is being raised as to
whether or not county supervisors
would act under the proposed law 30
provide for the road improvements
made possible under the proposed law.
In reply to this the friends OF the law
Aare pointing out thats the average
county will lose under this law about
100000 annually in automobile license
money AMI federal aid money unless
they take advantage of the law.
Provision is also being made thru
amendments 10 provide that super
visors must act on petition of GER
tain per cent Of the voters and must
call an election to permit the voters TO
express their wishes in the matter OF
surfa cling
Spite Banks Barred.
No more banks can be organized in
the state, With the exception of ma
tional banks, until Dec. 81, 1920. If a
bill passed by the house yesterday is
signed by Governor Harding.
The bill already has passed the SEN
ate TIE bill was drawn up by the
committee on banks and banking.
The provisions of the bill also pro-
vide that even after 1920 no private
banks can be organized.
One section of the law was made to
A 30
the Thirty ninth general assembly to
enact further laws in regard to super
vision of the organization Of banks.
Friends of the bill, led by Represen-
tat,ve Moore of Guthrie county, said
that the legislation is needed because
in German communities rival banks
are being started because the local
banks took an active interest in war.
drives during the war.
Lost by Four Votes.
Opponents of the bill fought hard
and lost by only four votes. The vote
was aye. IS: no. 49, Constitutional
majority in the house is 55.
Opponents of the legislation led by
Representative Finley of Henry county
charged that the bill was "class legis-
lation. and that the bankers want to
eliminate competition.
Several members of the legislature
commented during the discussion that
the law would be unconstitutional be-
cause it eliminates competition and
takes away rights Of persons to do
business.
Money for children's Home.
Iowa is going to have state home
for dependent delinquent and destitute
children.
A bill passed by the senate recently
with this provision passed the house
by large majority.
The bill. which was drawn by Senator
White. appropriates s10S.10o to start
the home. OF this appropriation 10000
is to be spent for land. $4,000 for a
building. and $40 900 for the first years
expenses.
Representative Scott of Marshall