Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1933-03-09
HOUSE PASSES
AN CLEO BILL
Must Contain $50 Animal
Fat to Avoid Ten
Cent Tax.
Many Hearings are Held
and Several Bills Are
Considered.
By HJALMAR PETERSEN
Representative From Pine County.
february q to March A.

February q to March Al
Livestock Bill.
A bill has passed the House, pro-
viding for the weighing, grading, feed
ing, docking, and watering or i've
stock at packing plants. slaughtering
houses and concentration points. "A
companion bill, which provides for
the licensing of direct buyers of live
stock and regulating the conduct of
such buyers has also passed the
House, the vote being 80 for and none
against.
A labor bill which received the
unanimous vote of the House on hnal
passage makes it misdemeanor for
employer or representative of en-
ployer from accepting any consldera-
tien from employment given or Sc
cured for any employe.
DR.. Harley l.. Lutz, professor or
public finance of the Princeton Uni
versity, spoke in the Senate and
House on Tuesday for about fifteen
minutes before each body DR.. Lutz,
National Tax Association and is re-
garded as a tax expert, having al
dressed many national conferences
and spoken before various state leglS-
laaures, dwelt upon the tax situation
as it confronts the entire nation. He
advocated better business methods in
the various governmental units, en-
phasizing the need for budgeting and
accounting. DR.. Lutz, apparently, Is
also for some measure OF local eX-
penditure control, maintaining 1t Is
necessary TO lodge with some govern
mental body the authority to apply
the brakes.
Taxing OleOmargarine.
BY an overwhelming vote, the House
passed the oleomargarine tax Dill
0leo will be subjected to a tax, after
July 1, if the bill passes the Senate
AID is signed by the governor, in the
amount of 10c per pound when sold In
the state of Minnesota. This VIII be
on all oleomargarine containing less
than $50 of animal fats or oils.
A bill permitting pari mutual bet
ting on horse races passed the House
nv the narrow margin of three votes
on Wednesday. SiXty-nine represent
atives voted for the bill and as TT
votes are required to carry, II got
through by the skin of its teeth.
How the bill will fare in the Senate
will soon be known. Many represent
atives opposing betting at horse races
are of the opinion that the sport
should be able to stand On its OWL
feet without the aid of additional at
fractions, just as so many other sports
stand up without public betting as d
side line Proponents of the bill ar
gBed that it would bring new business
to the state and the large city hotel
keepers and restaurant prOprietOrs
are in favor of this proposed leeiSla-
ton. The bill has been up in several
past sessions of the Minnesota Legis-
lature. Opponents argued that II
would not be creating any new wealth
and that other legislation of more i'm
portance to the state as a whole
should command the attention of the
character.
Bank MOratOriWmS.
The bill legalizing moratOriums fol-
state banks, under certain conditions
for fifteen days and under regulation
of the banking department, has now
passed both houses of the Legislature
has been signed by the governor ano
stands as law. The governor did not
sign the first bill in regard to bank
moratOriums which was passed by
both houses and which placed no time
limit on its operation. The measure
Will be suspended January Is, 1885
Any REORGANIZATION plan worked ou1
under the bill must have the approval
of depositors representing 500 OF the
deposits. The law was enacted in al
effort to help save some banks from
closing, those banks that may be II
a fair condition but temporarily shor
of money and unable to recover in q
day or two. So many banks have
gone by the wayside that there is
great desire to save further financial
destruction in the various local com
munitieS.
Drastic actions must be taken a,
times and this was done by the Min
nesota Legislature and the governor
on Friday. After a long session in
the governors office Thursday night
where members of the banking com.
mittees of both houses, officers of the
State Banking Department and others
were present, a bill was drawn uI
which was enacted by both houses the
following day. Where a state bank
savings bank or trust company, doing
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