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Show SENATORS I OLSON UII j Bill Providing Funds f0r Living Cost Investiga. tion Passed. Re-enactment of Securities Commission Law Voted Favorably. After agreeing yesterday to sine die this afternoon, the seuate down to legislative work and 'pass?! nine hills and disposed of others. ' r '', only measure which brouoht m-', .,r ment 'on tho vote for fina was the bill which appropriated' 0 0U0 to tho attorney geeral ,-or gation of the high cost of living. Th.' measure was passed first with 5,'x ,,"' tive votes cast, but two senators. Cul bert L. Qlsou and U. T. Jonef,, eliano-d th eir votes in order to 2ive tho mcasr ' the necessary two-thirds lor it i0 tl' ", effect upon approval. Senator Olson 's pet measure, thai limit profits from business, anj t0 (it. line profiteering was the subjcot 0f .ul, siderablo oratory by the leader 0f radical forces. When the vote ww however, he had led ouly liinisel'' though he had succeeded iu putting hi,,",' self on record before his politic;,! w stituency as promoter of a radical m.-. ... ure and one which he admitted he kip would never pass. Senator Olson Speaks. Senator Olson said on the floor tl" his bill was really consen ative ai, stilted that he submitted the nicasu; in order to attempt to place some limit to the vicious circlcs-of ever ascendii prices and wages, which he naiil mi;i lead to a crash which would mean tii there would not be even lo per cer profit in business because of tho m employment problem which would suit. Other senators attacked the mb& for various reasons, Senator George 1 Jjern declaring that it was an im ("ro'. subject for consideration under t'i governor's message, Jones' that it i not include "lawyers and doctors." A Ion T. 'Sanford that it was inadequate: get action, J. W. Funk that it was 'ii practical, discriminatory," J. V. Knit that it was unjust. They all ohject' and several of them at length. All a Senator Olson voted against the mm uro. Hearings Take Time. Hearing on the re-enactment of v i law creating the securities commissi',. " likewise occupied cousiderable time n proved 'a subject for fruitful ilc'esi even though the debate was lai; limited to others than members of: senate. Gordon Snow, secretary oi r commission, was called unon to c xpli the need for the measure and i amendments made to it. 11c was qi tioned by several of the senators a: the floor was then given to Clifford Fell, attorney for the L'nited Sli Wool company, which has led the fi. against .the commission, and whose.' was largely responsible for brinpin; question of the legality of the ens ment of tho last legislature. Mr. Fell urged an amendment to act, declaring that its provisions : too much discriminatory power to ' three members of the commission, aired something of the experience or company he represents in attempting secure a license from the commi to sell stock in Utah. lie alleged t the law-, if passed, will prohibit ' coining of capital into, the state characterized it as an act in rests of trade. Mr. Snow likewise related the e; riences of the commission with : company and said that a license v not granted on two grounds, one t' it was overcapitalized, another t. too much of the stock was jives promotiou stock. Meanwhile, a n ber of senators asked questions of k Mr. Snow and Mr. Fell. Difficulties Explained. J. W. Musser of the GustavesonJ company- also spoke, and alleged t-his t-his company had had trouuie with i commission over a matter or ste-'; sues. Mr. Snow explained this other case in w hich it was though: the commission that the company given too much treasurv stock for If- . to land on which oil was thought ' , ; located. This matter was adjust?;' ; 1 a reduction by the company ot stock paid for the leases. With very little discussion )jj' f members of tho senate, the M-favorable M-favorable voted upon, anil the ait awaits the signature of the pivemt' become a law. Amendments: to ; measure ratify nil previous acts b! commission, correct the error a grossing which resulted in the 0- -ing of the commission's authont). -provide for discriminatory pocr ' the commission. Senator Kih.abetk Thiywanl reft re-ft telegram of congratulation yV-from yV-from the Woman's Stiff raije Pr. Khode. Island, complimenting. J. legislature upon the ratification federal constitutional suffrage lament. la-ment. 1'he senate will meet as111 J o'clock this morning. |