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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Feb 07, 1975
Page
4
A Maryland hearing on a measure to curb lobbyist gifts drew lawmakers and lobbyists who argued for debate to refine rules. Witnesses cited about 70 thousand dollars spent on meals and entertainment for legislators during the session, urging transparency while defending the current practice.
Maryland lawmakers discuss spending habits in the General Assembly and executive branch as committee hears about potential improper expenses. Gus Marvin Mandell is noted for celebratory trips to Jamaica and Ocean City funded by two firms, raising questions about conflict of interest and disclosure.
Reported by The Washington Post and The Baltimore Sun, Hess and Rodgers held about 16 percent of Marlboro Associate, stock tied to Marlboro Race Track as legislators expanded racing days. They faced federal probes amid recalls of private investments and subsequent sales around 1972. The value cited was about $7 per share, rising after endorsements and legal changes.
Maryland banking commissioner William Wilton endorsed bills to remove the 12 percent cap on unsecured loans for state banks, allowing higher rates up to 36 percent on small auto loans and up to 18 percent on larger sums. The Maryland Bankers Association supported the measure to keep state banks competitive with national banks amid a Court of Appeals ruling permitting higher rates for federal entities.
Annapolis AP report says Senate committee chair Edward T. Conroy set next Wednesday as the start date for an investigation into alleged illegal spying by the Baltimore Police Department. Committee counsel Diane Schulte was named legal adviser and her completion of preliminary work could shift the date.
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