Evening star. [volume] (Washington, D.C.) 1854-1972, 1878-03-14
Defects I'm the Proposed Postal Saw.
ings Banks Scheme.

Defects I'm the Proposed Postal Saw.
fngs Banks Scheme.
The general scheme OF postal SAYINGS banks
is good one. Absolute security ~ld a mol
crate interest are to be furnishe to depoSi-
tors, and increased stability is to be given the
credit of the government by spre iiing its
debt among the people. But We mist BE- care
full that in BRINGING the system from the realm
of theory into practical working, W. obtain
exactly what we want, no more and no less.
The Phillips bill on this subject in the am ended
form in which it will be reported favordb,y to
the House, can hardly be said ID realize the
scheme as fancy has painted it. The labOrs of
the amenders of the bill suggest the scriptural
performance of sowing tares. III the purpoSe
of the Phillips bill i'm its present form is to eS
tabliSh new and improved system of savings
banks, it can hardly be called a brilliant Suc-
cess. Savings are received and secured only
to the amount of so, and on these savings no
interest is paid, and they cannot be with
drawn; when the deposits amount to $40 the
postmaster is directed TO present the depOS-
tor with postal order for that amount: this
piece of paper is as liable to be lost as a $40
note. and If destroyed it cannot be replaced.
These postal orders of a special design VIII IN
endorsed, can go into circulation as currency.
The Treasury is the payee, not the Treasurer,
and the orders are kind of Treasury note
There is no protection against forged indOrSe-
mentS, NJ safety assured either government
or depoSi or for sums under 80. The OmiS-
siOnS of the bill are, presumably, to be RENE
died under all the Inconvenience and evils of
a double headed management by the Secre-
tary of the Treasury and the Postmaster Gen
eral. The orders when endorsed aud thrown
into circulation are not convertible into bonds
with facility, since for that purpose the office
where each order was issued must be visited
The fact that postal order must be received
by the depOstor when his savings amount to
$40, the ease with which the order is converted
into currency, and the necessity of doing this
in order TO use any part of the sum, prevent
this from being sarinGS system at all. Money
order poStmaSteTS who might easily keep a
simple receipt and disbursement account are
TO be plunged into the complications of bank
ing and currency business. The plan now pro
posed differs widely from the English system.
and all arguments derived from the COMPARE
lively successful operation of the latter oppose
rather than favor the adoption of the present
bill. 1t may be added that the fifty million legal
tenders TO be issued. and the unlimited use
of the postal orders as currency, suggest an
unwlse expansion of our paper credit. If 1t be
thus found that the proposed plan neither
gives security to depOsitOrs nor strengthens
the good faith of the government, the system
of postal savings banks must he adopted i'm
some other more satisfactory form
->O~--
In the opinion of the Boston Post the propO-
sition to establish a National board of trade.
similar TO the board of trade of Great Britain.
with It's headquarters at Washington, is one
well worth considering. Rightly organized
and conducted it would present questions of
commercial policy in much clearer light
than that i'll which they now reach Congress.
There Is a curious contest going on i'm Pitts
burg between, what is called the Law and
Order Society" and the saloon keepers. The
society have undertaken to enforce the law
closing the saloons on Sunday, and on last
Sunday they were pretty nearly successful in
shutting up every liquor place in the city.
The liquor dealers propose to retaliate by
enforcing the letter of the statute that pro-
hibits labor and traffic on the Lords day.
They threaten To stop the street and steam
cars; the work on the daily papers until after
IL O'Clock Sunday night: and in fact every
species OF work followed on sunday. More
than this they declare they will go to the
churches and make the drivers of the car
riages that carry the religious law and order
people to church, yacate their seats on the
ground that their Sunday work is against the
law. If both parties in this fight carry out
their purpose the murky city described BY
Parton as Hell with the lid of will be a
pretty quiet place, at least on SUNDAYS
There is danger that wCmankind will rise i'm
a body to protect its pets against the assaults
OF ''hOrrid men, if the crusade against cats
urged by prominent English medical journal,
becomes general. Since the dogs seem to have
had their day, the Indictment of cats follows
naturally. The Lancet says:
When excited or stirred to anger it is more
easy to defend the body from the direct attack
OF dog than to repel the sly and sudden On
slaught of eat. 1t i, moreover mistake to
suppose that there is no danger in the bite or
scratch OF one OF these animals. There have
been abundant and melancholy proofs of the
peril of contracting hydrophObfa from eats
The danger is scarcely less than that which at
tends an injury inflicted by a dog. This should
be borne in mind. and if the consideration
should have the effect of diminishing the num-
Der OF cats maintained. or rather kept without
any adequate provision for their support, the
population will be the gamers"
Retrenchment then in the enjoyment of the
luxury of cat society is the order of the day.
The most extensively advertised umbrella
house i'll the world THAT of Isaac Smiths
Son & Coz give the following advice to bust
ne IS men, based on their own experience:
IT what you have to say be strictly true,
say IL in good newspaper. It's readers are
Intelligent will appreciate bargain, and of
every such customer you make an advertiser.
For forty seven years nine-t enthS of our ad-
yertising has been done OH this plan, and of
the whole expenditure, all that We regret is
contained in the other tenth"
1t is evident that there is vet work in the
Vineyard for the Congressional Temperance
SNciety.
NEW MAPLE SUGAR.
- NEW MAPLE SUGAR
n. W. BURCHELL
mar1+ 81 1882 f. street.
vi PARIS KID GLOVE DEPOT E=
S23 PENNSYLVANIA AVE-, -
Zone door east Of Mitchell 4 Martins. u
NEW SPRING STOCK, Black and Colored, in