Show VARIANS MORTGAGE BILL The Discussion Will Come on This Afternoon BRANDING AND INSPEOTION THE STRIXGEXT MEASURE WHICH PASSED THE HOUSE Williams Bill For the Prevention of Robbing of Trains The Men Who Do the HoliiUp Act to be Liable to the Death Penalty and Accomplices Likewise Perhaps the greatest amount of interest In-terest taken in the proceedings of thel present legislative assembly ha centered cen-tered on the bills in relation to the Jinances Of these there are several but the ones that have raised the most discussion are the two introduced for 1 the purpose of restoring the taxes on trust deeds and mortgages and it has t been felt that if they a killed It will t not be difficult t kill any other meas i ures of that nature that may come bet be-t fore the assembly t The first of the mortgage bills to come up as that presented by Varian f and advocated for adoption by him in i one of the most nonsensical speeches I made during this session I will probably prob-ably be voted on this afternoon as itt it-t is the special order for 3 oclock after 1 a debate that will bring out some of the best argumentive power in the House From the first those who look after the finances of this region have taken great interest in this bill and have been making every endeavor to have it killed as they realize that Utah is in 310 condition at present to antogonize the men of money They have labored with all the legislators and have I is thought been able t pull over to their side a majority of those who will have a say on the matter The provisions of Varlans bill are for the taxation of the debts secured by mortgage 5 long a the holder of the note is a resident of the territory and a practical exemption of the foreign holder In order to meet the claim that the mortgagor pays the tax the father Of the bill has incorporated in it bi ha incrorted a provision vision that would make is10i void all 1 mortgages which so provided but there Is nothing in i t prevent a raising of Interest rates in order rte to meet this There are at least two members of i the House who believe that the system proposed by the bill tang the land t on which the mortgage rests and tax F ing the mortgage a the same time t would be double taxation and on that ground although they are favorable 11 to the proposition of taxing mortgages they will vote Uno when the roll is called on the passage of this bill With the aid of these two there is no doubt but that the measure will be meaure wi overwhelmed over-whelmed by a large majority But even i this measure should pass 1 J the House and by the way there is little danger of that i would not have much of a chance in the Council as the reference t the committee on judiciary I ju-diciary would prove the last of it that committee being almost unanimous unani-mous in It determination t sit down on the whole list of measures of this kind The majority against the bill i in the upper House stands ten to two t All the whipping in tactics that the f two leaders of the Republican side in the House have employed have been S far ineffectual They tried in i party caucus to drive their colleagues i into a pledge to vote for the bill but I signally failed dn the attempt r The chamber of commerce resolutions i passed yesterday condemning the measures so strongly have had a good effect in strengthening those who were inclined to falter in their belief and when they are read in the hal today I is expected that one or two of the belligerents will open their eyes and > be inclined to be rather conservative in their voting There is no doubt that the bill should and will be killed |