The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1897-11-23
PEOPLE WANT IT
Postmaster General Gary Says His
Savings Bank Scheme Is
Popular.
Has Received a Great Many Let
ters and Suggestions
About It.
Two Principal Objections to the
Scheme Which Have Been
Raised.

!" ASaAN0AONs NOV. 6O.-1OSCIuoSV0x
General Gary is receiving many letters
regarding the postal savings bank prop
osition strongly urged by him in his
annual report. Many people throughout
the country have written him com.
menting on this projected radical ex.
tension of the postal service, and have
submitted some suggestions calculated
IN their opinion to make the scheme
more feasible. As whole, the CORE
spondence indicates a rather general
commendation. Some we'll known,
economists and financiers numbered
among the postmaster generals friends,
and who have heretofore opposed meas
ures Of this character, have, in letters
just received, given qualified endorse
ment. Postmaster General Gary expects
some legislotion by congress on this
subject, possibly at the next session.
and believes that the extensive discus
sion which has been given it through.
out the country will render material
assistance to this end.
Some Comments Answered.
In the course of an interview Mr..
Gary made an answer to some Of the
comments that have been made on the
subject. He said: II am very much
interested aud not little gratified, at
the public criticisms as reflected by the
newspapers, of my recommendation in
respect to postal savings repositories.
I find. Of course. that the great major.
ity Of the papers are favorable to the
project, but am no less pleased with
these which have taken adverse ground.
No one disputes that the project is be-.
set by good many difficulties, and it
is only by discussion full and general,
that they can be overcome and re-.
moved.
"As far as have been able to dis.
cover only two objections have been
seriously urged against o postal savings
system. The first, which never fails to
turn up, is the old contention
that the government "ought not to go
into the business Of collecting and
taking care Of the savings of the peo-
pie. think this is an objection which
may properly to be left to congress to
answer. The other objection is based
upon the generally admitted difficulty
Of finding safe and proper methods of
putting the
Money Accommodations to Profitable Use.
II deliberately abstained from setting
forth definite plan for the disposition
of the savings, for the reason that it is
problem which deserves in its solu.
ton tho benefit Of the widest experience
and highest wisdom. contented my.
self for the time with outlining briefly
q number Of suggestions, repeatedly
made by my predecessors in Office, and
by others, and thereby inviting, as !
believed, thN critical and helpful
discussion by the public which has be.
gun already. Perhaps none Of those
suggestions, nor all of them put to.
gether. will prove equal to the task Of
absorbing proftably the collections of a
postal savings system, but am con.
vinced that the national debt as it ex.
lists today, offers temporary solution
Ivof this difficulty. In the meantime, ]
have no doubt, safe and satisfactory
plan will be developed.
Tho People Want It.
cit is agreed on all sides that If prac.
ticable postal savings system would