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Show H A MC1HII LMITMI.XT. 1 V:hopothatthebllllntro.lucedlntn BBJ j the Lrglalatlve Aucmbly rovldlng BBB j for the exemption from taxation ex- BBB ce ting tertalu ppeclllHl pro erly the BBB lumli of licntllt llulldlng Hoclttlea BBt J and other Imll.ir organltlona, will BBB be iarjudandrHiliotho algiiaturo of BBBr1 the BBB Weobiervoby the Leglilatlvumlnute BBB) that n petition ha been riH'ntodlrom BBB' ( Zlon'a Ileliidt llulUlug Hoiloty, a.k- BBB I leg for the atk&ge of audi an act BBB H the one refined lo. The caie of BBB tho letlllouer IlluatraUa the neoe. BBB alty for micli a law ru tho one BBB now tondlntf, 'the orpaulxitiou Ima BBB btenluixlateucefura numtAridytara, BBB and Ima bi en couducted upon n phn BBB that laurily co-optrallvo, ltol)ect, BBB which line been tunucloutly udland BBB ' to, woa to enable workwomen tit ob BBB tain honua by n tem of monthly BBB ( payment, ninoiintlng to fifty cent BB on ech hhare of tuck, nnd a BBBlt low ratexif Intertat on loan from thu BBBl teboclatlou. A leaJIng oljectlou to BBBB tho taxation of audi a roi iety I that It BBBB I virtually of n diuble character, In BBBB thlawa): Tho tax on the aoclcty It BBBB leved on fduda that do not remain In BBBB It liundu, but forthwith pau out to BBBB i member In thu form of loan, tu en BBBB j ul. In thitu to erect ilwulll n, an I BBBB In thulattorihapothcynriitaxedualn, BxH ' Tho lax agaluat the well (y ha ln u great hludrarce to Ha operation, a, In conaequuice It ha had a hard alnig-gle alnig-gle to give loan at the rate of 8 14 r cent, T annum, Ihe hlghett It Ilia over chargnl. Whatever pioflt accrue from the Intirot on Ihne loan or from any olharaourci', ucha line fornnn payment of due, etc., go iroiortlou' ately toward lielrlmt Ihe borrower to Itaaen hi Indchledmt. Alllheofllcir of Ihe auclety, with the rxcvpllon of the teuitary, lve thelrervlcetrei The reult of Ihe o)rallon nf the aockly la that liumUr of good home have been erected, which would not otherwlro have ha 1 an existence today. Wearaaatlafled that any legUlator Iticllnrl to oppoee a mevu're of the kind aiked ht would change hi mlod If ho were tn lake tho trouble "o In-lulrn In-lulrn Into the benllclI character of Uiotorlety now rcferrfl to. Thla ono fact la certain, thatoppoaltlon lo It cannot can-not ulbly come from any friend of the worklngman. |