The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-10

Their uneomplimentary refer
ences were to a bill sllegedly for
the control Of loan sharks which,
incidentally. despite the abuse
heaped upon Il. finally was amend
ed and passed. 90 TO 80.
Sen. Joseph Drumhelier. spo-
kane. the governor legislative
right bower. had introduced the
bill IN the senate which approved
it simply as measure laying
down regulations and directing the
state license director to make an
interim investigation. 10 be fol-
lowed bv recommendation TO the
next legislature
But the house Judiciary com
mlftee had other ideas. II
proposed that on small loans
limit $500 interest should be
not he more than three per
cent per month on unpaid bal
Ances-not to BE- payable In
advance, with added overall
charges to M not more than
81.
Rep. Ed Henry. Seattle. sub
mitted an amendment 10 allow
three per cent interest on the first
500. but only one per cent on the
remainder. Even this won't take
the smell off this bill. but 1t will
improve II. he said.
Henry Is the member who. in
1887. caused a colleague to be pros
ecuted for bribery in connection
with consideration of similar
BILL
Accusingl, said Rep. William
Lafolletfe. once prosecuting
sttorne, at Walla Walla: "Ae-
ti,itie. around here of high
pressure lobbyists make this
bin stink 10 high heaven"
But his fellow Walla Wsllan.
Wayne Swegle, insisted the three
per cent rate was right, is in
effect now in IS states.
Don't 20 below three per
cent" warned Bremerton's
CeciI Callison. III you do,
you'll cause 'bootlegging' of
money"
Ralph Van Dyk, from Lynden
rose TO denounce this vicious
Sinking bill.
Why allow as much as $500
at three per cent ," asked Perry
Woodall of Yakima Why not
make it really a small loans bill p
Most of this lobbying you tall
about countered Spoksne's Joe
Hurley, sponsor of the three pei
cent amendment. was carried or
against this proposal. Don't bring
the smell of that in here TO infect
us"
Pointed out Olympia's Earl
Warnica: This bill would al
low three per cent per month.
when our usury law now for
bids interest of more than one
per cent per month
Henry's one per cent amend
ment. on roll call, was beaten. Al
TO 81. The Pierce county vote.
For one per cent after the
first SIOO-Gerald Divon. II.
y. jackson. Edward Pettus.
Hugh Roseilini. Paul SaDde-
gren. Charles Trombley, u. A.
Nane.
For straight three per cent
DIR. ". Il. Cameron, Frank
Chervenka. Tom Montgomery.
LaFollette proposed indefinite
postponement" death for the bill
Were wasting time on this. h
charged. in behalf of special in
terests. when there is so much Il
be done yet for the state.
West Seattle's elderly Fl. d. Hal
rose to proclaim: This bill i
rotten through and through.
The death motion lost. 81 TO os
Pierce countX's vote:
To kill the bill. Dixon and Vane
To keep it alive Cameron, Cher
venks. jackson, Montgomery, Pet
tus. Rosellini. Sandegren, from
bley.
BY voice vote. the three per cen
amendment was adopted.
Then, on final passage, the bill
was approved. IS to So with Pierce
county representatives voting thi!
way.
Ave- ameron. Chervenka,
Montgomery. Sandegren.
No-Dixon. jackson. Pettus,
Rosellini, Trombley. Nane.
Before the final roll call. DixoI
charged that actually the hous'
was canoeing the states one PEI
cent law and authorizing three PEI
cent per month interest on $500
loans. This" ne said. will Civ,
the loan sharks more than ever.
And said Henry h roll call
began: The gravy train Is
starting. This bill smells. and
want nothing 10 do with it,"
Incidentally. there is no truth &c
the rumor the sergeant-st-arm'
afterwards was directed TO air out
the house chamber.
Attendance record of members
AT THIS lcSlSldAlNt StSSlth has bttl
remsrks bly, good. If. in fact. II hs:
not set record.
Wednesday. for example. thc
5eth day OF the session. every mem
Der of house and senate. all las OF
them. were IN their seats and
voting.
Usually illness at least, compel'
few TO be absent, particularly al
the end OF the oo-day grind.
Predictions were freely made
today that the session will
not end within its eonstitu-
fional time limit. nj midnight
Thursday. In fact. there were