The Bryan daily eagle. (Bryan, Tex.) 1895-1898, 1897-11-16
REPORT ON MR.. carry.
The Postmaster General Advocates
Postal Savings repositories.
HE GIVES HIS REASONS.
besides the Enoouragmsnt Of Savings
n WIN Cultivate Thrift Among the
People. aud Bsa,iit the Cow
ernmsnt says Mr.. Gary.

strong advocacy OF postal savings de-
posltories. a scheme over which POST
master General Gary has worked for
many months In the formulation OF
plans 10 be presented TO the president
and congress lie says the time II rire
for their establishment. and that the
adoption Of we'll organized system
would confer a great boon upon alarge
number OF people. and ultimately be of
ihestimablo value to the whole
country.
The following IL an abstract Of the
report:
"The Increase OF the postal deficit Of
1897 IL largely reflex Of the depressed
business condition which prevailed all
over the country for the FIRST three
quarters Of that period. There has
been no extravaganza OF expenditure.
save that obligated by law. Relterat-
ing the injustice inflicted both upon
the postal revenues and the people hy
second-class mail matter carriage reg
ulations. the enactment by congress of
some measure to remedy the wrong.
similarly pointed out by past post
master generals IL urged. A to this
the postmaster general says:
"If this were done. there would be IN
end to postal deficits. aud the service
could be enlarged and popularlzod by a
broad extension OF free delivery With
out infringement upon the general re-
sources Of the government. and oven
tually result, In the much-dcaired re-
ductlon Of letter postage 10 one cent
per ounce
mo method OF pcriectlng The organ
lzaiion OF the postal service has proved
more effective than the consolidation
Of postofhccs. legislative restrictions
on its development are 20 be- regretted.
and a repeal Of the hvc-milc limit cou-
solldatlon measure In the 1896 postal
appropriation bin d recommended
The experimental rural free dc'iy-
cry has been generously appreciated
Few expenditures have conferred
greater benefits In proportion. and II
has unqucsiionably proved a potent
factor In attaining what should De- ih'
chief end Of government the granting
Of the best possible postal facilities 90
the farming class"
The report reviews IN detail th'
operations Of the various branches o
the department
The portion on the subject Of posts
savings banks a. In brief az follows.
MANY millions Of dollars are un
doubtedly secrcted by people who hay'
little or ne confidence In ordinary Sc
curlties and monetary institutions or
CANNED by private citizens. tits deal
capital. but u lis owners could be- in
splred with absolute confidence 10 M
security Of an Investment, q u alto
Eether probable that the bulk Of thi
fund would and its way into the chan
nels Of trade and commerce II th
government undertook this. the servic
would undoubtedly be gladly acccpic
by the people Their faith Ia IN
government IL unhounded. Their 900
tie savings, which separately coul
hardly b. put out AZ interest, woul
amount In the aggregate TO sum TIA
could be invested 90 their advantage.
II would tend To cultivate thrift in
large class, realizing the advantage q
depositlng with the government 10
stead OF wastefully and uselossly q,
pending; Il would tend 10 better cid
Eenshlp. bringing into closer relation
ship the government and its citizen
and developing practical and endurin
patriotism.
This growth 81 patriotic scniimcr
and good citizenship constitute a pow
crful appeal 20 sta,esmanshin 20 mai
way FOR these benlfeent cons
quencegs
"The proposition Il an accumulate
fact In nearly every country In Europ
IN the british dependencies 81 bot
hemisphere. and even In Hawaii
Great Britain 1000 600 dcposiiors has
upward Of $50 600 900 IN savings accl
INFLATED during 80 years. and IN 70
years fewer than 10 o00 Hawaiian n
posltors saved nearly 81 900 600. n
poslts In Canada IN 90 years exceed.
so 900. 900. These vast accumulation
have been made without the lcgsl lo
% the government which guarantee
their ropayement. and with n minlmu
OF cost to The millions Of deposition
More than a third of the postal saylni
accounts IN European Offices are he
by minors. and over two-thlrds hy n
most humble callings Il O. essential
the hank OF this class Postal sayih
would not conflict with the snvinl
hanks. but would encourage slyin
rather than accumulatlons. The col
version Of money order Offices IN
postal savings repositories won
soon afford indohritely more
cllltles for receiving lnicrc'
bearing deposits than the lntcrcs'-ps
/, ing banks do now Tho most nrgrcssi
opponents are among the private Z
situations engaged In somewhat Hlmll
enterprises. though associations ~ &
f.~rcr eltlfe fornunien In n n vain ~
feeder 10 the financial currents Of 1
country. Security and not the rate
interest Il the primary and ossent
condition Of such a system; and hon
Of states counties and munlclnalitl