Show y LAW W discus s arsa A san PC pet s 3 county couney by ale able I 1 men i A JOINT r DEBATE BATE ON OH THE QUESTION twit jw I 1 an t i aly protea that frank J cannon a nd other republicans ke 1 the law 1 I 1 r the campaign in in sanpete county was opened 0 P JW ne at spring pity last jast thurida night 0 saye the ephraim Enter by the IL dig bassion of the ques tn li resolved Ile solved it that bat the mort t gag afa aw Y w passed by 13 the lost I 1 t IS as wise legis legislation juda 0 e id r 1 1 tile democratic de boera tl c depre s eltive th tho the affirmative and judge 16 hilson republican candi dato for representative to taking 0 the negative nega tivi each speaker was t to 0 have ou oil chour our and a hall tile the 3 aw were ere mr christensen f for the and simon T kr beck fo foi t tn i republicans 1 S sir mr colfi johnson is on opened the debate taking the ground that the la law w W was 38 vicious opa un gunj justin utin that in in ex emited empted mortgages front from taxation thereby reducing the revenue of the territory abild making mal ing it necessary for forth e deficiency to te be raised by addin ad dinto to the th e burden baiden 0 eftaxes of afta taxes x placed u upon 60 the poor lie ile stated that the territory bad the power to tax the mortgages held by non regents of the territory and in support t of his claim lie he i introduced trod thie the reports ports of california Calf fornia oregon citing ciline cases I 1 le bvm I 1 itallie it allme d i ap 10 1 tt 1 re 4 aly to botho tho it te u ej 41 K ilie ie 0 t lie ile admitted that if foreign mortgage holders were wera exempt from froin taxation that local men should have the same exemption thus thus nar narrowing rowina the debate da down bill to the question of whether or not the territory could compel non residents to pay pay a tax lax on mortgages ile he also states that he was fortunate in ill having some money out at interest and that the present 1 law adv brought brou 0 glit money into his pocket b but lit that it was an oppression to the leonle lie he was opposed to it judge reid took the k ground that the law was vas a wise measure and proceeded at once to prove his position in ill ft a manner that admitted of no doubt lie ile first introduced the report A of the territorial board of equal equalization bation in n which they recommended the repeal of the law lair taxing mortgages as the money money lenders wo would uld not pay the tax they stated abat the lilu law was oppressive to the poor people of the territory that 95 per cent of the mortgages were ii ere held by non residents who could not be reached by the law and that the poor borrowers were obliged to pa pay y in an ex exorbitant or bitant rate of interest in order that the 5 per cent of home mortgages could be taxed lie ile called attention to the fact that the seven men who composed c the board of equalization I 1 were vere well posted on the effect of the law th that at olne borne of them were berc lawyers of abil ity who had given the question special study and that five of the seven even were staunch republic republicans ails among them no less a personage than frank J cannon whom the reau republicans blicaus tried to send to congress to represent this territory then lie he said that if the mortgage law was wrong t as his adversary claimed tile the only mistake made by the legislature which enacted it was in following 0 tile the counsel of frank J cannon and other republican leaders of this territory are publicans public ans willing to admit that their idol their hero would recommend anything 0 so wrong as republicans now say this mortgage 0 law is besides a republican governor with power of absolute veto could have prevented its pap passage sage mr reid also asked mr johnson why if lie he was as great a friend of the poor as lie pretended to be ho he did not deduct the amount of the mortgage n tax from the rate of interest the poor borrower for whom his heart was bleeding to cap tho the climax he introduced the decision of justice field of the united states court in which he stated in so many words that states aud and territories cound not tax ax mortgages held by parties who resided outside of their boundaries and and that mortgages could be taxed only at the domicile of th the e holder the decision was rendered in |