The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1878-07-18


TO this year and about 40 more To COM
mence business on the Ist Of July next.
4 post-uffice becomes presidential when
the postmasters salary. which is from
fees, rsachss $l.0o0 per year: Of money
order Offices Ut that class there are |. ssi
Of the cfass between $500 and - 900 there
are l 10: % the cisss Of money ocier
o0cs hess than $500 per wear. LIS. Tha;
b, uf the Z, l59 but OF the latter class there
VII be l.sJo on the LIST OF July next Then,
Is no reason why we should strip ourselves
OF the use OF these Offices in funding our
debt aud offering this business facility In
our people. Those under 500 are just as
completely organized for business as those
0veT T. A pess-of,ice has Ia reach salary.
Of go before it is entitled to regular
clerical hire. The l..50 Offices speak %
are not the city offices, but represent two
thirds Of our country
In the bill we present the business %:
ench Department Is kept distinct TIN
postal money order Offices arcmerely used
as they are in England and elsewhere, b.
collect the savings ~ the E,-sr and transfer
them through prescribed channels 10 the
Treasury. 10 be returned on notice tn th.
came channels. Interest Is paid Only ON
TIE ten-tollar bonds, which run three vearx.
'oeare payable on presentation, this account
IN being in the Treasury and beionsins Ia
the funded debt. The interes; Is the in
ducement "a hoat the amount On the small
bond. All the moncy-orier Offices ar.
used because the business clearly shows
that the smallest hundred and fftv-
dollar o6ices) are just as Wen managed
and have just the same machinery ~ thu
larger. The postal money -order il Iaya-
bic anywhere at the Treasury. subtreas-
Wy, q depository, and gives Ia toe al
vantage In travelling NJ the Er)ish.
Swedish. and Canadian systems. The
convertibility Of the bonds and the reocp-
don Of coupons for postage a; any o!llce
prevent the evil which above all other
thinHs Va have To avoid of drawing the
funds nom the circumference ~ the heart
Il familiAri1es the people II every section
with the Government securities and inter
ests them. II gives To the Government
money at cheap rate, the interest pai.i AZ
home II gives the economical worker
absolute security. II confers stability Ia
society and is new and wholesome bond
between the people and the Government
Startled by the labor riots Of last SUM
mer, We might well inquire into the cal.ses
that led TO them and the remedies tha; viii
prevent them.
! Does any one believe that IL nine tenths
Of those people hal possessed accumulated
savings we would have had such dreadful
riots? II Is true We might have had
strikes, or some aspects of these conflicts
between labor and capital, but TAX. away
the extreme dcstitution and want. and you
take away the aggravated dangerous feat
ures. Let every man feel h. has stake
In the Government and there will lie fewer
% couspirc against. Even In the most
high strung 81 the States lately in rebel
lion Yet the majority have portion Of their
savings In the funds of their country, and
you cement the bond of commercial inter
est and patriotism. II any one had said
during the highest excitement OF last years
riots that Congress would meet and bc In
session FOR more than six months withou;
framing measures aiming at least ior the
relief VI labor. and that we contemplate
adjourning without wishing u do NOR,
than w. have done. we would have s:,id no.
will not be ~ unjust ~ to saw that Con-
gress has done nothing or that this House
has not attempted a. do more than has
been accomplished. We have passed some
measures Of financial relief which viii help
Al classes and attempt much more. What
have We done specifically Ia aid the labor
ting class? l. there great measure from
our hands that We can justly point Ia
designed IA elevate and strengthen the in
dustrious poor man or aid him In his present
necsssitiesi IentTeat you therefore Ia give
this measure your consideration. IL strikes
at the rrai evils that threaten us, and II
strikea them In no agraiian way.
In France IL was said not long ago by
one 81 the greatest 81 English statesmen
that thirty nine cut II forty perspns sayc
something from their income. In England
enc In five II spendthrtft. In our coun-
ty II would be- safe "a say tina; two out %
i've save nothing from their income; GER
taknly uOe-third ars spcndihrifts. Here IL
Wh0se volume 81 social history. How
can we bring about a chanye1 do not
think there could 10 a continuance better
adapted than the bill ] present TO yoa.
Some say we do not care Ia have people
lay up money; k-t them get houses and
farms and property Ny friends, IL Is
only those who learn to saw. money thai
ever get houses and lands. LIT hiu who
would all the poor encourage and teach
them To save. Another SAYS YOU will In
terferc with the business II private saw
hgs-bAnks. You will not unless these are
safer and better. and II they are the pco-
pie ought 70 have them. Nor DO ] think II
would result In that way. The British
postal savings banks have been Ia cxis-
tencs some fifteen years. When they were
fairly introduced, In ls63, the deposits IN
the ordinary savings-f<lnks In that country
we're o204, ISL SIS. In l-7S they ~er,,
t2ls.tl5, s5l. The amounts In the inter-
venhR years hSd fuctIatot. hut the al,prc-
crate tnev~a-e of business ~ those hanks
Was &l2. O00. 600 In lss3 the deposits ir
the postal savings-ba banks were $lg sst 40:
IN 1876, elS, sss.f 80. The Increase IA
these banks WAS steady and continuous.
That the deposits IN thesc savings. bsnk.
IN this country would be much gr~sser IN
proportion Il certain. No, one IN ten ~
the present sAvings-hanks T. felt %, be
safe. II II untro~ 10 say that we arc tax.
ing advantage 81 the caiarniiias g. The
savings banks. II I. the wrptched man
a9enent and misforfunns ~ these hanks
that thunder In our ears aud tell Us that
the spirit % economy m the people mus,
havs a secure resting place. Neither ~ II
trse b say that II viii lock % capital IN
these postal banks 10 the drtrinirfgt -
other tanks which viii 30 unab,e o. make
Discounts. and people viii not 10 shie to
horrvw money. There can b. 10 failacy
50 mansfruus.
II viii destroy NJ property n ihls com
rv. On the contrary. by stimulating
savings II win rspidiy add To espi;sl IL
y tue banks sometimes Io.An two or t,srr~
tifDes ~ much a. tasy have ard draw n
terest on this imaginary capital. which ti,~y
ought not to BE- PERMITTED b. g.. wh~n
they ase called 81 make gnosithser .T,gae~-
rssOiS e 10 panic and :l.ey t<sxk. So;h-
ing II more natural This proposed system
plsose the money in = sAfe ier-p-i;. fSr !. +
Icaned against The vtsose se@s-,s - The
cosntsy. Neither DIS q drs~ tis~ bsfsoa
a eymDsrce ali avsy frsrn the eiTesas-
fsreoe - Tho c~nf~s This tsa y osf.snay
cd especially framed - otsiate that
dAesisy.
wAss Il taA>s sway II proysdes for bring
ta9 seesssiiy tsck asra&s and In TIE n.ssn
txsu~ A Lrsvx- s.-s.,-.d a ~, s,--.~s 80