Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1873-12-04

Oh the peoples credit for the peoples security, who
VIII say that that pledge should not be given?
ahotner objection is the tendency to centraliza-
~ 70 TINS answer that, if to establish postal
STasihgs repositories would be in violation of the
IL constitution, there Is an end of the matter at once.
~, on the contrary, such action would not be
uhoohsututional then the only question is
whether their establishment would on the whole
~ advantageous for The people and The Govern
Another objection, more practical, if not more
aenaole' Is based on an alleged increase of expenses
ahu puonc officers. SO far as the establishment of
savings repositories would have any effect upon
fhpIoihlnlents' its tendency would be to secure a
Litter CLASS OF officers i'll all respects. None but COM
petent persons could discharge the duties of such
t ,ion ana no man or party, having a rcputa-
eDt 70 sustain, would be willing To commit inter
.slo so important to unworthy hands. The Gov
eInneht would seek its principal agents and en-
pnoySs among experienced men, wherever they
oinGers would not be required. Many persons al
.ea4y employed in the postal service could be
,ia au % alscharge a portion of the required du-
Ties. n force far less than that now needed in
savings banks would be sufficient, with the assist
ance OF the machinery of the Post-otfice, to accom-
pish inc same amount of work, and this, together
WIZ d supervising bureau in the Post office Depart
mTent, ana the necessary accounting officers in the
treasury Is all that would be needed.
Reason and philanthropy being thus sustained
by the prolonged experience of SO many people
speaking the English language, how can the sue
cess OF similar institutions in the United States be
=, l. beiiC iuIt INC ldItl DcfilS
through winch we are now passing could have been
MANLY averted If these institutions had been open
10 receive deposits. The people of this country
can earn more and deposit more than those of any
other. The State of New York alone exhibits an
aggregate OF savings bank deposits equal to those
OF the whole United Kingdom of Great Britain and
ireland; and II Is not extravagant to say that if a
spirit Of universal frugality could be encouraged
by an assurance of good faith and absolute secur-
NY the savings of the American people would soon
grow INTO such gigantic proportions that the volun-
larE loans OF II single generation would exceed the
Whole OF the national debt.
POSTAL TELEGRAPH.
me telegraph should be made a part of the
postal system without further delay. A. Congress
does not seem inclined to exercise the discretion
given III the third section of the act of July a,
1868, 10 appoint appraisers to value the lines.
property, and effects of the companies now in
operations; and, as the Western Union Company
appears TO be unwilling to make a voluntary sale
al a fair price, | eCommen that provision be
made by law for the immediate establishment of
the postal telegraph, and for the construction of all
such lines as may be needed, under the direction
of competent officers of the Engineer Corps
of the Army. The experience they acquired dur
ING he war OF the rebellion would enable them to
do the work in the most economical and ~satisfac-
tory manner.