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Cedar Rapids Gazette: Friday, March 22, 1974 - Page 9

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   Cedar Rapids Gazette (Newspaper) - March 22, 1974, Cedar Rapids, Iowa                                Three-Way Split For Credit Bill By Val G. Corlcy DES MOINES (AP) _ T senate commerce commit! "'ill try its hand at writing nc consumer credit laws and se new maximum intcrc rates for action later this leg! lative session. -Following a Republican par caucus, Senate Majority Lcad( Clifton Lamborn (R-Maquoketi Thursday moved to send Hie bi 'o create an Iowa consume credit code, sponsored by th senate stale government com mittee, to the commerce corr miltce. Lamborn said later the mea sure would probably be spl into three .separate bills befor H returned to the senate floor. The majority leader sai those bills would include one t set maximum interest rates fo credit and loans, one to c; tablish consumer protection i credit transactions and on dealing with the "holder in du course" statutes. Ueached Impasse The senate debated the con sumer credit bill for two day. last week before leaders decid ed an impasse had been reached. The measure was delayed t- until this week in hopes a com promise could be reached. When they became convinced no sue! compromise was in sight, the Republicans caucused and the motion was made to send the bill to committee. Retail merchants have asked for new maximum interest rates 'following an Iowa supreme court ruling last fall that inter- est on charge accounts could not exceed -9 percent under the state usury law. Until that time, 18 percent an nual credit interest was com- mon.. The interest rate matter was turned over to a study committee that had heen studying a consumer protec- tion bill for two years. Dividing the current measure 1 into three bills "makes a lot of Lamborn said in an in- terview. "We could see the consumer people would vote against it if they didn't get their way and the interest people would vote against it if they didn't get their Lamborn said. He said that a good compro- mise bill might (hen be defeated by both eides. Lamborn said by splitting the bill, a compromise can be found on setting a now maximum in- terest rate as well as compro- mise positions on new consumer credit protection. lie said leaders felt that the iroposed elimination of the Edie Dies; Refired Iowa Art Professor IOWA CITY Stuart Carson Edic, who was a professor of an at the University of Iowa from 1953 until his retirement In 1971, died Sunday at his home in Marfil, Guanajuato, Mexico, where he and Mrs Edic had Men Fined in Tama Court TOLEDO Three men wer sentenced to pay fines aflc pleas of guilty in Tama count) district court Wednesday. U'onardo Camargo Flores o wider in due course doctrine hould be treated separately. That doctrine holds that when retailer sells an item on credit and then sells the note to a lend pg institution, the purchaser is iable for paying the note even f the merchandise turns out to e shoddy. "Certain Death" The senate voted 27-22 to send he bill to commerce committee long straight party lines excepl en. John Murray, (R-Ames) oted with.Democrats to keep le current bill on the floor and en. Cloyd Robinson, (D-Cedar lapids) did not vote. Sen. William Gluba (D-Daven- ort) opposed returning the ueasure to committee, saying it ...V.WH I VifldJlVillt I'll" neral services were held In Mar- fil Monday, burial in Guan- djUatO. Edic, 05, had continued to paint until two weeks ago in the studio which he built in Ms home in Marfil. A native of Wichita Falls, Texas, Edic was educated at the Kansas City Art Institute moved after his retirement. Ku- Maine, charged with York. He joined the U. of I. faculty in 1944 as an instructor. Edic's paintings are in the permanent collections of many ould send the measure "to cer- ain death." Sen. Ralph McCartney (R- harles City) chairman of the ommerce committee, said he ecognized "a number of good arts" to the bill. 'I would hope we could tart going to sonic of the ispects I think are Mc- Cartney said. "Whether that means we will vote out the entire bill or just the interest ates depends on the approach aken by the committee. Sen. Elizabeth Shaw (R- avenport) who was chairman the study committee respon- )Ie for the bill, voted with the ajority to send the bill to com- ittee. On questioning by Gluba, she edged to join the fight to help lain the consumer credit pro-j ction sections of the measure. Metropolitan Museum of Art New York; the Brooklyn muse- um; the Newark, N.J., muse- um; the Kansas City Art Insti- tute; the Whitney Museum of American Art, New York; the DCS Moines Art Center; the Wil- drunk driving, was fined ind costs and is la attend drinking drivers school at B. R Ciller Junior high school in rtarshalllown. His privilege lo operate a motor vehicle was suspended indefinitely. Mores did not have an Iowa driver's license. He was accompanied in court by an in him in under glish language. William Lee Cornelius, Tama, charged with driving while his license was under suspension, Louis W, Schultz said Cornelius may have prevented an ac cident when, according to Cor nelius, he drove another man's car when that man was alleged ly too intoxicated to drive. Leon Max Bear, route two, museum, Omaha. When he retired in 1971, Edie gave 39 of his paintings to the Iowa State Arts Council for a nominal sum, with the stipula- tion that they be distributed among public schools in Iowa. Since then the council has exhi- bited the paintings in half a dozen art centers in the state, and is now preparing to distrib- ite them to Iowa schools with :he assistance of the Art Educa- tors Assn. of Iowa. Iowa U. Wins Firsts i In Law Competition IOWA CITY The University of Iowa team won first place honors in all categories at the Regional Philip C. Jessup Inter- national Law Competition re- cently in Chicago. The first place team trophy was awarded to Edmund Barry, Dennis Johnson, Leslie Miller, David Charles and Ian Kopel- man, sudcnls in the U. of I. college of law. The five men ircparcd the winning brief, which was entitled Coastal t a I c's Jurisdiction Over the Sea. Dennis Johnson, Cedar Rapids unior, also won first place in iral argument. The victory over 10 other uni rersity teams qualified the U. of team to compete in the intcr- lational competition in Wash- ngton, D.C., in May. t, -i. -i, ijuuii max uear, route iwo ham RockhUl Nelson Gallery of Tama, who pled guilty March 6 Art, Kansas City, and the Joslyn to drunk driving, was fined ?300 and costs and his driver's li- nitely. was He suspended agreed to indefi- atlend drinking drivers school at Haw- teye Institute of Technology at Waterloo, Bear was arrested on old highway 30 west of Tama ter he was involved in an ac- cident. Today's budding musicians are looking for good used musi- cal instruments. Why not sell yours with a want ad? The Cedar Rapids Gazelle; 1'rl., Mar. 22, 1974 Schmidt To Speak IOWA CITY Julius Sch- midt; professor and head of cupture in the school of art and rt history at the University of owa, will speak to study groups f Friends of the U. of T. Muse- m of Art Sunday at 2 p.m. at lie museum. Subscription rates I a week. By mall: cnrrll ,-jr: Afternoon editions and Sunday 7 ssyes 52.50 a month, a year. Other states and U.S. territories MO a year. JO mall subscriptions accepted In areas ir service. The Associated Press Is entitled exclu- yely lo the use for republlcotlon of -I! the local news printed In this newspa- per as welFas all AP news dispatches. having Gazette carrier Legislative Notes by Frank Nye How Many Scouts Are There in Cedar Rapids? DES MOINES How many. Cub Scouts are there in Cedar Rapids, one .reporter .'asked another recently after, a group of Cubs was introduced in' the Iowa Hardly a day passes that a group of Cubs, Boy Scouts, or Camp Fire Girls isn't introduced in the senate as "guests" Senator Riley Sen. Tom Riley (R-Cedar Approxi- mately 750 boys and girls have visited the legislature at his in- vitation this year. Riley has been inviting youth groups to visit the legisla- ture for years and, in fact, if all those who have visited in.the past and who how are of voting, age cast their ballots for him this year he's got a head start in his race for Second district congressman. But back to the reporter's question, "How many Cub Scouts are therein Cedar "Three hundred and forty-seven thou- answered another reporter. "Is it true inquired Larry Spears of the Waterloo Courier, "that the entire pop- ulation of Cedar Rapids is Cub Scouts? replied Sen. Eugene Hill (D-Ncw- who overheard from his nearby seat, "at least 35 (percent of it is." D n n Corrections REP. Krause Won't Re-Seek House Scat" read a headline in last Monday's Gazette, over a story that State Rep. Robert Krouse (D-Fenton) had announced fbr re-election. Krause clipped the story and sent it to me in the house press row next day with this note: "As Gen. MacArthur once shall Also, in last Monday's column a name appeared as "Gary Engerberson" that should have read "Gary Engebrelson." Sorry. Step into Spring in this Classic Coat Costume elegant duo styled by Capsa Royal is the perfect.enserpble to wear anywhere. Textured Polyester coat costume has welt seam trim on the sleeve- less dress. Button front long sleeve coat has a club col- lar. In neutral beige. In 12 to 20 and 36.00 Cedar Rapids: Downtown Second Floor and Lindale Plaza Iowa City: Mall Shopping Center on Six at Sycamore is a trademark of Fiber Industries, Inc. Don't Miss This Weekend Special Saturday Downtown Saturday and Sunday at Lindale Plaza and Mall Shopping Center, Iowa City PANTY HOSE Regularly 2.00 pair Sava on 2 of Dollo Sharmeer's most popular partly hose. Choice of sheer to the waist sandalfoot or .shoor stretch doml-too sandal-heel panly hose. Sizes small thru tall In fashionable shades. Codar Rapldi: Downtown Street Floor and Llndalo Iowa Cltyt Mall Shopping Center on at Sycamore Killian's StrideRite brings you new Spring Styles worth parading These high-stepping shoe fashions get top marks for fit. Our professional fitters make sure of thatl Stride Rile. The most trusted name in children's shoes. That's truly a reputation worth parading. Wo think you'll agree. Cedar Rapldt Downtown Third Floor and Lindale Plaza Iowa City: Mall Shopping Center on Six at Sycamore' .Killian's. Killian's Lindale Plaza, Cedar Rapids and Mall Shopping Center, Iowa City OPEN SUNDAY TO PM three exciting styles to choose from all rain and stain repellent! Junior Lightweight Pant Coats REGULARLY 30.00 Snappy pantcoats that let you zip through Spring without a Polyester and cotton coats come in luscious pastel tones. Choose from three different styles. All lightweight and stain, repellent. Rain or shine coats that make the perfect all weather toppers, at a savings! Cedar Rapids: Aisle Bar, Downtown Street Floor and Lindale Plaza Iowa City: Mall Shopping Center on Six at Sycamore SATURPAY HOURS, CEDAR RAPIDS: DOWNTOWN AM ;TO LINDALE AM TQ PM WALL SHOPPING CENTER, IOWA. AM TO PM   

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