The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-02-05
A. S. Marshall Ascends
To Senate Presidency
0ickey Senator Takes Over Du.
ties Left by Wexford;
Promises Square Deal
SIX BILLS PASSED MONDAY
Miklsthun Proposal for Alter
nate Exemption Under
Mortgages Il Debated
BULLETIN

BULLETIN
Issuance Of currency by the Bank
Of North Dakota was proposed Tues
day In the North Dakota senate in 4
resolution offered by Senator John
Miklethun Of Barnes county.
Miklethun introduced the resolu-
ton, calling on congress to empower
the state-owned bank to issue cur
rency, backed by bonds Of the state
Of North Dakota.
The senator said the purpose Of his
proposal is to eliminate the necessity
Of borrowing by the bank for short
terms. This same end, he added,
would be met by issuance Of currency,
with the bonds Of the state pledged
as security.
With brief ceremonies Senator A.
s. Marshall Of Dickey county, pres
ident pro TEN, Monday took over the
duties Of Lieutenant Governor Walter
Wexford as presiding officer Of the
North Dakota senate.
His ascension to the senate presl-
dency follows assumption Of the gov
ernorship by Wexford following dis
qualification Of Governor Thomas H.
Noodle by the state supreme court
late Saturday.
II surely appreciate the honor that
has been conferred on me-" Marshall
said, ''and I am going to do the
best I can to give you all q square
deal. am sure I will have the sup
port Of every member OF the senate.
I CONSIDER every member = personal
friend.
I'VE are confronted with IN un-
usual situation at this time. There
has never been q time when things
were 50 unsettled and the legisla-
t,lre was called upon to do 80 much
for the people as today.
II know you will all join with me
in doing everything We can to get
some legislation that will relieve this
situation. I can see before us q lot
Of digging and grinding and want
to assure you that I will do the
best can to assist YOU to relieve
the situation"
Routine matters occupied the as
sembly with debate breaking through
the quiet twice.
Miklethun Proposal Debated
A proposal Of John Miklethun Of
Barnes providing alternate exemp-
tons under mortgages or liens for
persons engaged in farming. dairy
ing, stockraising, precipitated the first
debate as it reached the floor with
divided committee report.
The minority report for indefinite
postponement was defeated n to II
and the majority report carried by q |
viva voce vote, moving the bill ahead
for final action Tuesday.
II the bill becomes . law, protested
Senator J. P. Cain Of Stark. there
will be no possibility Of any farmer
obtaining credit.
Financing or refinancing from any
credit company, Bank Of
North Dakota, the United States
Government and Agricultural Credit |
Corporations will be prevented under
the bill. he said.
U. s. Mortgages Legal
Miklethun denied this. pointing to |
q section Of the proposal providing
any mortgage given to the United |
States government or its agencies,
Is legal and not affected by the act. |
A measure directing the board Of
administration to hire william Laist |
rs custodian Of the state capitol build
Ing with police powers was re-re-
lerred to the state affairs committee |
for the second time after it ran the
gauntlet Of practically every motion
possible on the senate floor.
After the custodian's salary had
been reduced from 1880 to 81 500
and then the section specifically
naming Laist as custodian had been
4 motion for indefinite
postponement was made and defeat
I'd. A motion to re-refer the meas
lre back to the state affairs COM
mittee also lost.
Gains "Clincher' Beaten
Then the senate disapproved 30 to
Il the motion to pass the bill with
The section naming Laist deleted, and
Gains effort to attach the "clincher"
vas beaten when william Watt Of Cas-
Continued On Page 6even)