The people's voice. [volume] (Helena, Mont.) 1939-1969, 1943-02-12
Bankers Relief Nearly
Assured

With the passage by the senate of lib A. originally
ducng the classification for taxation of money and credits
capital shares banks from 30 cent to
the relief of the bankers from paying their Just
share of the state moved another step toward being
accomplished AS passed by the senate the classification for
taxation increased from the cent passed by
the house. Is per cent obvious attempt to soften
the course" on the measure
The recorded vote the senate third reading was 30
for the bill with % against Two members were
ABSENT Senator Mahoney who in the armed forces and
Senator Ecton of Gaatn who have found advisable
go record for the bill which it expected he would
had he been there to vote One member Senator
Fndater passed his vote when his called but when
the roll call completed bravey voted against the BILL
probably having first assured himself that the bill safely
and then registering his against the
he might his constituents how Independent he
When the vote for in the senate amendment
increasing the classification from cent to 10 per cent
the lower house five members who voted for the
passed by the house. voted against concurng Whet
they had changed their minds about the entire bill and de-
register vote against the bill whole or whether
they only voted against the senate proposal to increase the
classification rate, problem shall not endeavor to
solve Without intention deprive these men OF any credit
that may be due them we may say That IN view OF ther gen
era attitude other legislation disposed to believe
they would have voted again the in its orig
inal state.
may except from this appraisal Representative Smp-
who made telling argument against the bill on Its reap
pearance by relating his experiences with his home
banks stating that he would stick with the Production
Credit which had extended aid to him when the bankers were
unwilling to give him any credit.
Representative Lehrknd of Gaatin made an imprisoned
plea relief the bankers stating that Independent state
straits and nferrng that there danger
OF
passed.
His statements challenged by Representative Paer
HILL with able rebutta fortified by actual figures
recng facts supported by actual statistics Patterson
stated he could requirement for relief asked by
some banks who "down to their last 25 million
Representative Byrne from Toole made ringing speech
support the measure joining with his brethren the re-
publican side of the house While elected democrat he
showed his partially in the last campaign for the republican
any special such-by introducing at
gathering in his bawick the candidate for the republican
nomination for congress- and lauding his qualifications
The for in the senate amendment by the
house SO to % with five absent
Now the on its to the for his ap
prevail Many hopeful that he will exercise the
if for other consideration than the of
ing revenue which he expressed in his
message in the following:
'The balance in General Fund is favorable but
the postwar demands. If to be able to solve the
fronted necessary that accumulate backlog
provide the funds to properly meet
the reconstruction period"
Should he veto the would have exemplfl
cation efficiency of System of checks and balances
our governmental set-up Moreover while it not strong
argument may submitted that doing might react
he benefit of his party throughout the state
this display of senseess and unwarraned
updity the bankers of the state there solid de-
termination part of large group the issue
if vetoed by him. passed by the assembly
over his veto.