Evening journal., 1923-02-07
Vote down
BUS RIDES
FOR PUPILS
House Defeats Amendment
for Transportation of
Rural Pupils
KILL SPECIAL TAX
WITHOUT REFERENDUM
stan Correspondent.

stan Correspondent.
STATE HOUSE. Feb. 7.-Consid-
Grafton OF the various amendments
to the school laws for final action
was started in the House yesterday
[ afternoon. Twenty-three OF these
amendments proposed by the State
/ Board of Education were introduced
in the House several weeks ago by
! Representive Holcomb. chairman Of
/ the House Committee on Educa-
Z ton without knowing what they
/ contained there has been much ad-
verse criticism OF these amendments.
Four OF them were called up for
/ final action yesterday and two were
passed and two were killed.
One OF the measures killed was
that 10 pay FOR transportation OF
children in going to and from rural
schools.
The first OF the bills 20 be called
up was one containing a tax fea-
ture which had been reported un-
favorably by the House committee.
Mr.. Holcomb explained that the bill
would give the right 10 25 per cent
Of the voters OF a school district
TO raise a tax without a referendum
and that he considered that unfair
TO the other IS per cent. The bill
was killed by a unanimous negative
vote.
The next bill called up was one
relative 20 bond issues which pro-
vided for the Farmers Bank TO
handle all the bonds. etc.
Representative Little offered an
amendment TO this bill 20 the effect
that the Board OF Education in
volved should select the bank 10
handle the funds This amendment
brought out a lengthy argument.
In advocating his amendment. Mr..
Little said I'VE all know the Far
mers' Bank has strangle hold on
the finances Of the State OF Della
ware" He said the bill under con-
sideration was not a state affair. |
but was one in which local school |
districts were vitally interested. |
He argued that these districts hav- /
ing a bank in their locality should I
not be forced TO go away from home /
10 do business with a bank on school 4
matters.
Representative Holcomb replied
that the bill was a state affair. He
said the State owns 81 per cent OF
the stock in the Farmers Bank.
Directing his remark TO Repre-
Little. Mr.. Gray asked.
by whom is the Delaware Trust
controlled?"
Interest Paid State
Mr.. Little, replied that he did not
know as he had no account there
and knew nothing about the bank
Mr.. Holcomb said that he under
stood the original investment Of the
state in the Farmers Bank was
yielding II per cent.
Mr.. Little asked: What return
IS the state getting on the market
value OF that stock"
Mr.. Holcomb said he thought be-
.ween and per cent.
Mr.. Collins said: It understand
{ is less than 3 per cent"
That is right" Mr. Little said.
The Little amendment was de-
'eated by vote OF IA yeas to II
nays.
The original bill was then called
~ for explanation. Mr.. Holcomb
lsked for the privilege CT the floor
or DR.. II. V. Holloway, State Super
ntendent OF Public Instruction, who
explained several OF the bills. |;
DR.. Holloway. explained that the .
purpose OF the bill was TO give ;
What is known as school districts"
he same privilege as special school ,
istricts." enjoy under the law rela- ,
i've to bond issues after being ,