Show INTEREST ox ON FUNDS I Interest seems to increase In the thc matter matter of oC securing i I legislation which will get for fOI the public interest on the public funds in tho the hands of elected electo treasurers Acting under the suggestion of Mr O. O J. J Salisbury l' l and his a associates asso- asso O- O elates on the Slate State Board of Equalization at least on one bill will be presented at nt the approaching session of or th the legislature and tho the temper r of the tho people throughout the tat tat- tats s m to ii ant n half that t n ant to th 1 Iced ci rr ft will wIH be be bee e act I T r 9 L 1 Mr Ir r. r Sa Salisbury I h has as J d from of or many mallY states tat g reporting on OI the tho success f of the laws where these thes have o been put In r r rc c and invariably expressing a desire for or It It where the nIP work has hag not been hen done clone one Treasurers have ha far nr too 1011 long been heen regarded as public Ulcers with n a private privat snap nap Their has given I reason eason for the Ow view They collect the public mone money as rapidly as us the they can cau lend It for or their own private ut I advantage make slake money with funds not their own and settle ettle with the public by giving back the nuked naked principal If that mone money can cnn earn interest for tor an any one otie It should hould earn carn it for the public to whom whoa It belongs It he- he longs 10 to the public And we believe the legislature of Utah will add to the manY many good works worl s of the past by enacting a law which will make it obligatory ator on treasurers treasurers treasur- treasur treasur- treasur ers rs to lend public funds safely and anti give the received Interest Into the tho pockets of the people There I is a n. practical practical-a a er very practical practical Fide side of oC the question for the people of or Salt Lake If such a law were enacted and were obeyed it would mean mean about fifty thousand housand dollars a n year In easy revenue rc for the lax payers or of f this town And that would make malce a a difference I |