The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1884-08-08

Mr.. w. o. Smith said there was
superintendent of public works
during the last period, but yet there
had been several jobs. lie instanccd
the kerosene warehouse and other
cases where public money had been
improperly uselessly or wastefully
expended, and said he did not think
there was anything in the amendment
that would hamper an honest
Minister
The discussion was interrupted by
the chairman announcing the Com
mittec's time expired, and the Com
mittcc thcrcupou rose and reported.
Mr.. j. Mott Smith presented the
report of the Select Committee on
bill to establish postal savings banks,
presenting substitute bill The
report was adopted, and the bill
TcHu HTSI lllnc.
Section provides for the cstab-
lishment of the Hawaiian Postal
Savings Bank in the General Post
Office.
Section 2 directs the Postmaster
General to authorize officers under
him to receive savings of not less
than q quarter of dollar.
Section 3 provides for the entry
of receipts, and the reporting Of
them to the Postmaster General.
Section 4 authorizes the repay
ment of money to depositors after
q days notice.
Section 3 forbids postal officers
from disclosing names of depositors
or amounts of deposits except to
authorized persons.
Section 6 prescribes the highest
rate Of interest on deposits to be 3
per cent, and highest amount upon
which interest may be paid, 81 900.
Section Z provides that interest
shall he calculated to the 3lst of
December and then added to the
principal.
Section 8, that all moneys re-
ceived in excess of 50. 500 be depo-
sited in the Treasury of the King
dom, as part of the funded debt.
Section 0 authorizes the Minister
of Finance to pay demands of depo-
sitors when there are not sufficient
funds in the Bank, and report
amounts so paid to next session Of
the Legislature.
Section 10 provides for the render
ing of accounts of the Bank by the
Postmaster General to the Minister
of the Interior every year, and for
examination of the books by the
Auditor General every quarter.
Section 1 gives force of law to
regulations made by the Postmaster
General with the consent of the King
in Council for carrying on the insti-
tuition.
Section u provides for the open
ing of the books on January lst,
1885.
Section l3 orders expenses TO be
paid out of income, but, if that is
insufficient during current period,
out of the Treasury.
Section IA gives rules for the
making of deposits by married
women.
Section Is makes the Act law from
date of publication.
The bill was, on motion OF Mr..
Hitchcock, read a second time by
its title.
Minister Gulick did not see the
wisdom of this bill. He considered
the other bill that had been before
the House for the same object was
better in that it was not numbered
with details Of management. These
details could not be properly pre-
scribed in advance, and equally i'm
portant details in other departments
such as those of health, educa-
tion, etc. left to their respec-
tive heads to formulate. If this
bill was intended as complete guide
for the management of Postal Say
ings Banks it did not cover one
tenth part of what would be neces-
sary.
Mr.. Kaulukou said the bill had
evidently been carefully considered
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