Show OPPOSITION TO HOl HOLTHER THER BilL Abolishment of Blue BlueSky Sky Commission De- De dared dared C SiH p CAPITOL Salt Lake Feb 21 21 Strong S opposition to tho the proposed abolishment ot or the slate state securities securities ties commission wa was voiced at the hearing today on the tho Holther bill which proposes 10 lo abolish the and place the blue bluesky sl sky y department with Ith the tho secre secre- secretary secretary tary tar of or stole state Those opposing adoption of o the Holther bill are aro Orval W Adams of the Utah State National bank 0 W V E Ewing Biting Ing of Salt Lal Lake e and Melvin or of o the Walker alker bank banI In effect they said that the I passage ot or the bill will let down the bars to unscrupulous promoters I ers era The They argued that the present I commission c Is la needed to In Investigate gate stock aJ salts galea s with a II view to prohibiting the sales eales of or worthless stocks stock A hearing will be held on 00 the h motor vehicle bill billat billat billat at 10 o'clock Wednesday morning in room No at the capitoL The house this afternoon wa was to tal take e up the Siegel bill relating to taxation of or mines providing that providing that the rate be based upon four times the annual net proceeds In- In Instead In Instead stead ot of three times as at present presentA A warm tight fight was predicted with the author of the act forecasting passage by the house I The house committee selected to Investigate charges made In con con con- connection connection with horse racing racing- In Utah Is awaiting a report from the at- at attorney attorney at attorney torney general as to their powers and duties 00 |