The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1935-03-01


depository for all public funds, in
| Guiding those of state and local gov
ernments. The bill, which is under
stood to have the support of the gov
ernor, proposes that the bank be ca
pitalized at 100000, with the state
holding two-thirds of the stock and
issuing bonds to obtain the neces-
sary $2.000,000. All state banks. saw
ings banks and trust companies would
be required to be stockholders. A
beard of seven directors. four of
whom, including the commissioner of
banks and the bank manager. would
be appointed by the governor and
three by member banks, would govern
the bank.
The state would pay cents an
acre % counties for productive forest
lands acquired by the state. to. make
up for tax losses, under a bill ap-
proved by the house reforestation
committee.
A bill proposing pensions of s45
monthly for aged persons of 65 years
or more, and contemplating that a
substantial share of the cost will be
paid by the federal government, was
introduced in the house with the back
ing of an imposing list of some so CO.
authors. Heading the list was the
name of Representative Harold Bark
er, liberal leader, who explained that
the appropriation in the bill had
been left subject to change, pending
action by congress on the proportion
to be paid by the federal government.
The bill will not be pushed, he said,
until the federal pension bill has
been passed. Counties would be re-
quired to pay share of the cost of
pensions for aged residents. the bill
provides, with the state and federal
governments making up the balance.
AS it stands now, the bill provides
for payment OF one-third by each d.
vision.
A bill proposing to increase the
state income tax rates to IA per cent
on income of $1,000 ranging up to 8
per cent on incomes of $4,000 or
more was introduced in the state SEN
ate by Senator j. V. Weber, Slayton.
Present rates range from 1 per cent
On incomes of $1,000 to per cent.
The house received proposed re-
solution asking congress to co-ordi.
nate the work of the federal relief ad-
ministration and the Federal Land
banks SO that relief labor could be
used for the repair of farm buildings
and property as well as for the con-
struction of new improvements on
farms in the state.
Among the major bills PENDING are
proposals for permanent reduction Of
automobile license fees, with the
house bill still in committee; transfer
of the drivers license bureau to the
secretary of state, CIR to the highway
department; many measures proposing
tax limitation, gross receipts and
other replacement taxes: long list
Of crime prevention bills, proposed
changes in the liquor law, and scores
of other proposals. Several investi-
cations, including the much published
senate departmental investigation, are
just beginning to get under way.
Three tax bills were killed by the
house committee on taxes and tax
laws, headed by Representative R. T.
Hart of Moose Lake. The bills would
have exempted mutual telephone COM
panies from the gross earning tax,
increased the married persons ex-
emption from net income tax from
$4,000 to $4,000 and reduced penalties
on delinquent taxes.
Dealers in used cars would be IL
censed by the state at SIS head, and
license could be revoked for violating
the NRA code, under terms of bill
introduced in the house by Represen-
tive L. E. Brorhy Of Minneapolis and
backed by the Minnesota Motor Trades
Association.
A $1,000,000 slash in the state board
Of control budget for the next two
years was demanded by Senator A.
j. Rockno Of Zumbrota, chairman of
the senate finance committee. Ee
proposed per cent cut in the main
tenance program and a 10 ger cent
cut in allowances for betterhent and
repairs. The boards maintenance
program for 1855 totals S7.375,OOO
and s2,160,755 for new buildings.
The house committee authorized to
investigate tax exempt real estate
holdings Of Pillsbury Academy and
other institutions was named and
hearings will start at once. Speaker
Johnson appointed Representatives w.
H. Campbell, w. r. Youngquist. r.
]. Jullkowski and George MacKinnon
Of MINNEAPOLIS, Roy E. Hilton Of st.
Paul, j. NJ. Zwack Of Lucan and Har-
ry l.. Wahlstrand of Willmar.
Special aid in counties which have
no county agents for the promotion
of All club work is proposed in bill
by Representative A. G. Liska Of Hen
derscn. The allotment would be SO
for each cub member.
Persons under IS years Of age
would be barred from working in
places dispensing intoxicating liquors
by bill approved by the senate labor
committee.
The house judiciary committee gave
its support to the Plan which would
require all attorneys to be members
Of the State Bar Association. Law
years would be required to join by
Sept /, 1885. The measure was in
troduced as committee bill.
Provision for payment Of residents
ct Hibbings North Forty, an area
abandoned because of mining opera
tons, is set up in bill sent to the