New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-11-23
POSTAL SAVINGS BANKS.
MR.. GARY GRATIFIED BY COMMENTS ON
HIS RECOMMENDATION.
LEGISLATION BY CONGRESS LOOKED FoR-oNLY
TWO OBJECTIONS SERIOUSLY URGED-coN-
FIDENT THAT SATISFACTORY

TWO OBJECTIONS SERIOUSLY URGED-coN-
FIDENT THAT A SATISFACTORY
PLAN WILL BE DEVISED.
Washington, Nov 22.-Postmaster-G General Gary
IS receiving many letters regarding the postai saw
ings bank proposition strongly urged by MN IN
his annual report. Many people throughout the
country have written to him commenting on TINS
projected radical extension OF the postal service
and have submitted some suggestions calculated
in their opinion. to make the scheme more feasible.
AS a whole the correspondence Is rather gen.
eral commendaton. and some well-known econo-
mists and inanciers numbered among the Post
master Generals friends, who have heretofore OPP
posed measures OF this character, have In letters
Just received given qualified Endorsement.
Mr. Gary expects legislation by Congress
this subject. possibly at tho next session, ana
believes that the extended discussion which has
been given 1t throughout the country will render
material assistance to this end. In the course Of
an interview to-day, he answered some OF the COM
ments that have been made upon the subject. He
said:
Il am very much Interested and not little graft
fed, at tho public criticisms as reflected by the
newspapers, Of my recommendations In respect TO
postal savings repositories. find. OF course, thai
the great majority of the papers are favorable
TO the project, but l no less pleased with
those which have taken an adverse ground. NO
one disputes that the project is beset by good
many dflcutie5 and II Is only by dscuSslon lulI
and general. that they be overcome and re-
moved.
las far as I have been able to discover only two
objections have been seriously urged against
postal savings system The first, which never falls
to turn up. is the old contention that the Gov
eminent ought not to 80 into the business OF
collecting and taking Of the savings OF the
people. | think this Is an objection which may
properly be left TO Congress to answer. The other
objection Is based upon the generally admitted dif-
hculty OF finding safe ana proper methods OF put
Il deliberately abstained from setting forth n
definite pan for the disposition OF the savings, for
me reason that II is problem which deserves for
highest wisdom. / contented myself for the time
with outlining briefly number OF suggestions.
peatedIy made by my predecessors In office and by
others and thereby inviting as | believed that
critical and helpful discussion by the public which
mas begun already Perhaps none OF those sug
sesuons, nor al Of them put together, Will prove
eluaI TO the task OF absorbing p-ontably the col
lections OF postal savings system; but |
oeT that the NS'oHa debt as ex,ss to-day
the mean time ! have no doubt safe and salts
II is agreed on all sides that II practicable
R9Sst pest savings system would be most desirable.
project. 1t is being demonstrated too. daily that
the people want II. and It has been my experience
nna Una, ~hat ,he people want very much is usually
pee1od nsaF tSh' ana Is also very likely to be
X have received good many letters since the
Tda%s from bGnkd fSpOr mer f9m pyaf ns
urers. professional men and Others. I value these
personal per COMMUNICATION very highly, and hope
and am confident that il will bear discussion. I
iIust mat the newspapers, which. by the way.
somely giving Il fun and extensive circulation
Will keep up their cricitlsms and that the people
VIII take II up. think abou, II. write about IL and
not forget TO send me the results OF their think
ing. II we all put our heads together the right
wants" ~ '''