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Cedar Rapids Gazette (Newspaper) - March 22, 1974, Cedar Rapids, Iowa Three-Way Split For Credit Bill By Val (J. Corley DES MOI NKS (AP) r- The senate commerce committee HUI fry its hand at writing new consumer credit laws and setting new maximum interest rates for action later this legislative session. , Following a Republican party caucus, Senate Majority Leader Clifton Lambom (R-Maquoketa) 'I hursday moved lo send the bill to create an Iowa consumer credit code, sponsored by the senate state government committee, to the commerce committee. Lamborn said later the measure would probably be split into three separate bills before it returned to the senate floor. The majority leader said those bills would include one to set maximum interest rates for credit and loans, one to establish consumer protection in shoddy. 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 way,” Lamborn said. Ile said that a good compromise bill might then be defeated by Ix) th cid es. Lamborn said by splitting the bill, a compromise can be found on setting a new maximum in terest rate as well as compro mise positions on new consumer credit protection. He said leaders felt that the proposed elimination of the holder in due course doctrine should be treated separately. That doctrine holds that when a retailer sells an item on credit and then sells the note to a lending institution, the purchaser is liable for paying the note even if the merchandise turns out to credit transactions and one dealing with the “holder in due course” statutes. Reached Impasse The senate debated the consumer credit bill for two days last week before leaders decided an impasse had been reached. The measure was delayed until this week in hopes a compromise could be reached. When they became convinced no such compromise was in sight, the Republicans caucused and the motion was made to send the bill to committee. “Certain Death” The senate voted 27-22 to send the bill to commerce committee along straight party lines except Sen. John Murray, (R-Ames) voted with Democrats to keep the current bill on the floor and Sen. Cloyd Robinson, (I)-Cedar Rapids) did not vote. Sen. William Gluba (D-Daven-port) opposed returning the measure to committee, saying it would send the measure “to certain death.” Sen. Ralph McCartney (R-Charles City) chairman of the commerce committee, said he Edie Dies; Retired Men Fined in Iowa Art Professor IOWA CITY - - Stuart Carson Edie, who was a professor of art 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 Edie had moved after his retirement. Funeral services wert; held in Marfil Monday, with burial in Guanajuato. Tama Court TOLEDO — Three men were sentenced to pay fines after pleas of guilty in Tama county district court Wednesday. leonardo Camargo Flores of Belle Plaine, charged with drunk driving, was fined $.‘U)0 and costs and is to attend a studio which he home in Marfil. A native of Retail merchants have asked recognized “a number of good for new maximum interest rates parts” to the bill. following an Iowa supreme court ruling last fall that interest on charge accounts could not exceed 9 percent under the state usury law. Until that time, 18 percent annual credit interest was com-| mon. The interest rate matter was turned over to a study committee that had been studying a consumer protection bill for two years. “I would hope we could start going to some of the aspects I think are good,” McCartney said. “Whether that means we will vote out the entire bill or just the interest rates depends on the approach taken by the committee. Sen. Elizabeth Shaw (R-Davenport) who was chairman of the study committee responsible for the bill, voted with the majority to send the bill to com- Dividing the current measure mittee. into three bills “makes a lot of On questioning by Gluba, she sense,” Lamborn said in an in- pledged to join the fight to help terview    retain the consumer credit pro- “We could see the consumer tection sections of the measure. 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 senate. Hardly a day passes that a group of Cubs, Boy Scouts or Camp Fire Girls isn’t introduced in the senate as “guests” o,f Senator Riley — Sen. Tom Riley (R-Ccdar Rapids). Approximately 750 boys and girls have visited the legislature at his invitation this year. Riley has been inviting youth groups to visit    the    legislature for years and, in fact, if all those who have visited    in    the past and who now 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 lo the reporter’s question, “How many Cub Scouts are there in Cedar Rapids?” “Three hundred and forty-seven thousand.” answered another reporter. “Is it true then,” inquired Larry Spears of the Waterloo Courier, “that the entire population of Cedar Rapids is Cub Scouts? “Well,” replied Sen. Eugene Hill (D-New-ton), who overheard from his nearby scat, “at least 35 percent of it is.” □ □ □ Corrections REI*. Krause Won't Re-Seek House Seat” read a headline in last Monday’s Gazette, over a story that State Rep. Robert Krouse (D-Fenton) had announced for 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 said, ‘I shall return!’ ” Also, in last Monday’s column a name appeared as “Gary Engcrberson” that should have read “Gary Engebretson.” Sorry. NYE Don’t Miss This Weekend Special Saturday Downtown . . . Saturday and Sunday at Lindale Plaza and Mall Shopping Conter, Iowa City PANTY HOSE 9 pa* FO. 2 9 5 Regularly 2.00 pair Save on 2 of Belle Sharmeer's most popular panty hose. Choice of sheer to the waist Sandalfoot or sheer stretch demi-toe sandal-heel panty hose. Sizes small thru tall in fashionable shades. Cedar Rapids: Downtown Street Floor and Lindale Iowa City: Mall Shopping Center on Six at Sycamore Killian's ».•, ji cr . ,    ..    .    ,    .drinking drivers school at B. R. Bdle, 85 had continued to Mmcr Junior hi ,, sc1kH), jn until two wccka sgo in tho Marshalltown. His privilege to dll/Ilfs urn I / iii Iwo Im.. 14    ...    1    n in ms operate a motor vehicle was 'suspended indefinitely. Flores Wichita I*alls,.did ^ jlave an jowa driver’s Texas, Edie was educated at the||icense was accompanied in S'1 \ ^ Institute and court by an interpreter to assist jo Art Students League of New him in understanding the Kn- York. He joined the U. of I. art g|j$h language faculty in 1944 as an instructor. William l^e Cornelius, Tama, Edie s paintings are in the charged with driving while his permanent collections of many license was under suspension, major museums, including the was fined $100 and costs. Judge Metropolitan Museum of Art, Louis W. Schultz said Cornelius New York; the Brooklyn muse-may have prevented an ac-um; the Newark, N.J., muse- cidont when, according to (Jorum; the Kansas City Art Insti- nelius, he drove another man’s lute; the Whitney Museum of car when that man was alleged* American Art, New York; the Jy too intoxicated to drive. Des Moines Art Center; the WU- Leon Max Bear, route two, ham Rockhill Nelson Gallery of Tama, who pled guilty March ti Art, Kansas City, and the Joslyri to drunk driving, was fined $300 museum, Omaha.    and costs and his driver’s li- When he retired in 1971, Edie cense was suspended indefi-gave 39 of his paintings to the nitely. He agreed to attend Iowa State Arts Council for a drinking drivers school at Haw- nominal sum, with the stipulation that they be distributed among public schools in Iowa. Since then the council has exhibited the paintings in half a cident. dozen art centers in the state, and is now preparing To distrib- Today’s budding musicians Ute them to Iowa schools with are looking for good used musi- keye Institute of Technology at Waterloo. Bear was arrested on old highway 30 west of Tama I cedar Rapid*, iowa fter he was involved in an ac- lowci U. Wins Firsts In Law Competition IOWA CITY - The University of Iowa team won first place honors in all categories at the Regional Philip C. Jessup International Law Competition recently in Chicago. The first place team trophy was awarded to Edmund Barry, Dennis Johnson, Leslie Miller, David Charles and Ian Kopel-man, sudents in the U. of I. college of law. The five men prepared the winning brief, which was entitled Coastal S t a t c’s Jurisdiction Over the Sea. Dennis Johnson, Cedar Rapids junior, also won first place in oral argument. The victory over IO other university teams qualified the U. of I. team to compete in the international competition in Washington, D.C., in May. Schmidt To Speak IOWA CITY - Julius Schmidt, professor and head of scupture in the school of art and art history at the* University of Iowa, will speak to study groups of Friends of the U. of I. Museum of Art Sunday at 2 p.m. at the? museum. She (Cehar Hajufca (6axettr by Th* Gazette j y and Sunday at | jar Rapids, Iowa j Postage paid at Hie Cedar Rapids Gazette: Cfi., Mar. 22, 1974 the assistance of the Art Educators Assn. of Iowa. cal instruments. Why not sell yours with a want ad? Subscription rotes by carrier if cents ! a week. By mall Night edition and Sunday 6 issues $2 25 a month, $24 a year: Afternoon editions and Sunday 7 (ssucs 12 SO a month, $25 a year. Other state* and U S territories $40 a year No moll subscriptions accepted In areas hovlng Gazette carrier service. The Associated Press Is entitled exclusively to the use for republication of oil the local news printed In this newspaper os well as all AP news dispatches. Step into Spring in this Classic Coat Costume This elegant duo styled by Capsa Royal is the perfect ensemble to wear anywhere. Textured Celanese Fortrel* Polyester coat costume has welt seam trim on the sleeveless dress. Button front long sleeve coat has a club collar. In neutral beige. 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