Show Bill Killed i JH I I i R I 1 I N fAVO A AG Of MA MEASURE f Brought to Vote After rebate bate of Two Hours Denounces Clubs Club's to Kill Legislation Iff By Kayem Grier Grier Culbert L. L Olsons Olson's profiteering bill which I 11 iff to limit the profits of I enterprises and real I as a a solution of Igl cost of living was hurled I oblivion and left theres there s without succor or assistance s senate of the Utah legislature I r or f a debate of more than two the measure was brought to a aup up upon upon n motion of Senator Uriah Urlah nes nes that the committee of the report the bill unfavorably senator with the exception of uth r voted for th the bills bill's de- de j n the measure was brought up w Olson read an extensive adich ad- ad ich he interspersed with ex- ex remarks in support of ll II He denounced emphatically forts of the Commercial club L he bill bilI charging that body so the Associated Industries of With being instruments of cap- cap nesting place of profiteers lose whom his bill aimed to m a FAILURE tor tor Olson predicted at the open- open his address that the measure I 1 chance of passing in such a He hurled a challenge at his ues ues es that no effective law that I op oj the high cost of or living can his body l lared that those who want r re red getting more profits than be bee allowed under his proposed i ill te be up here to fight Igi ig- ig i 4 He He said that those who ed with 15 per cent profit business and 10 per turn on real estate would not Ithe the bill tor Olson read an editorial from Lake ake newspaper ne against his hise e. e e He said the article was the It If he Utah-Idaho Utah Sugar com- com which he declared controlled and was among those lis bill would materially effect lator read statistics purporting r J that hat the sugar company had profits TION RESENTED I e 3 conclusion of the address of Olson President Funk Punk who surrendered the chair t tor McKinney In order to per- per no to speak on the measure adhe ad- ad the lilie he senate and strongly rehe rehe re- re he Imputation of Senator Olson ineffective law to stop the high lying could pass in the senate ery resent that Imputation and that this body is in m capitalists said My opposition to the 01 Ol- I is based on my firm conviction a measure Is Impractical and Continued on page 7 7 s AUTHORS AUTHOR'S VOTE Continued oat Li-oat page lage l. l discriminatory discriminator It Ii Is Is unfair tl to to the tile business man who displays the greatest greatest great great- est ability foresight and ingenuity inthe in inthe 1 the operation of his business s. s S Senator Allan T T. Sanford attacked I Ithe the bill on the round that it t would not bring riu cheaper prices priceR He lIe I declared hj prices to be 10 far be bitter bit lct- t- t I ter than low prices and cited that no I man whether capitalist or laborer would want to g back to the conditions conditions conditions condi condi- that existed before the war lie He said that men and women in all walks of life had attained a standard of living Jiving in the past few years that they thy I would never give up He said everybodY everybody every every- body was making more money and andI people were spending their money for luxuries which were undreamed of a afew afew afew I few years ago 90 00 PER CENT FAIL I Senator Sanford said statistics show that 90 per cent of the business men fail fall This fact he declared should I be enough reason for the defeat of the Olson measure Ho lie said that a aI I business which suffered a f financial lassone loss lass lossone ss one year could not possibly recover recover the following year according to the provisions of the Olson bill He lie said that high prices were not altogether due to profiteering but to an economic condition resulting from tho war and i the tile In increased demand of the world for all manner of products Senators Richard anti and J. J William Knight attacked the Olson bill from a standpoint of Senator declared that If the author know the actual conditions conditions con con- that obtained in business con j of kind l he would have every never neve con con- his bis measure along the tile lines I ho he did Senator Knight declared that because I one man is successful and another who may have started at the same saine same time and proved unsuccessful does not rot make the successful man a criminal and the one who failed a victim of ot the others other's crimes The senator from from- Utah county said that capital would fall all over Itself to find a good safe sale investment at 8 per cent year ear in and year vear out nut 5 |