Evening star., 1907-10-24

private institutions. and for that reason
distru5t the savings Lanks. and wish to
put their money in a place where they
are satisfied it will be safe-and that place
will be provided for them under the guild
arca of Uncle Sam. Besides these immi-
grants We wish to aid the people who live
far rom savings banks In New Eng
land the average distance from post
officr savings bank is fifteen miles. In
the middle ard western states. about
twenty-five miles: in the southern states.
thirty-three mills and on the Pacific
slope, tifty-fve miles.
No Competition Contemplated.
We have no intention OF competing
with the savings banks. We snail Of
fer = per cent interest per aEsasin. and
the banks pay or per cent. No man
with money drawing the higher per
cent will withdraw it for lower rate.
We shall limit the amount taken to
5000 and the amount received IN one
year to $3.50. 1t will be found that
when depositorS have reached the limit
to be accepted they will have formed
the banking habit. and will transfer
their money to savings bank. Ihus
the system will be an advantage and
not detriment to banks. Many mil
lions will be withdrawn from hiding
and restored to trade. l propose to
place the money In banks. national de-
poSitories. in the sections from which
the money comes. not combining depos-
its to the great financial centers.
Every national bank president with
whom | have spoken has assured me OF
his readiness to allow on these special de-
posits In postal savings banks rate or
21e and per cent. Consequently 1t Is
plain that In turning this money back in
safe manner into commercial uses we
shall be mutually beneflting labor and the
industries throughout the land.
When Congress appreciates this situa-
ton | think that with your aid and sup
port the measure will be adopted.
Again | congratulate you on the sue
cess of your meeting and the evidence
you have given that you are working for
the best interests of the department"
Convention Adjourns.
The jo Mt convention then adjourned. At
2;3O o'clock this afternoon the members
were received at the White House by the
President.
The Second and Third Glass Postmas-
ters' Association this morning elected for
the ensuing year the following officers
President, George +. Marcellus. LIE Roy.
y. Y, who has been acting president; vice
president. Jesse Parmenter Wabash. Ind.
secretary and treasurer. ~. A. Hopkins.
St. Clair Mich. (re-elected). Indianapolis
next annual convention. the date of which
will be set by the executive committee.
The visit to the White House will vir-
tually end the sessions Of the conven-
tions. which will meet merely to adjourn
sine die
Yesterday afternoon the members were
received by Postmaster General Meyer,
and took the opportunity to look over the
dePar. building. Mr. Meyer received
n his office. with his assistants and staff
IN line to meet the visitors.
Address by Mr. De Graw.
P. V. De Graw, fourth assistant post
master general. addressed the two conven-
tons of postmasters. in joint session, yes
t"rday afternoon, discussing the matter of
supplies.
1t is proper to state said Mr.. De
Graw. that before the reorganization of
the Post Office Department the money or
supplies, formerly handled In the bureau
of the third assistant postmaster general,
supplies for the railway mail service,
handled in the bureau of the second as
sistant postmaster general: typewriting
and adding machines. handled In part by
the third assistant postmaster general
and in part by the first assistant post
master general. together with the tree
delivery and rural delivery supplies. as
we'll as the old supply division, were
assistant postmaste- general.
AS each of these distinct lines of sup
plies had been handled independently. this
transfer made practically eight separate
supply divisions under one head In order
TO consolidate these various lines the
fourth assistant postmaster general last
December decided to abolish the thirty
odd forms of reQuiSit:ons then in use and
have but three forms of requisitions one
Tor money order forms and advices one
for envelopes and one for miscellaneous
supplies of all kinds. Postmasters were
asked to make one requisition for a suff1-
cient quantity of supplies of every de-
scription to meet the needs of their respec-
tive ofnceS for one year. The fourth as
siStant postmaster general had no idea of
commencing at that time to fill those
acquisitions for a years supplies owing
To the depleted condition of the stock. but
he asked fo~ the information in order
that the department might have a line on
what the service actually needed
Plans for Issuing Supplies.
To meet the reauisitions received after
July l. the various appropriations were
SO apportioned that the larger part of
each one became available the first day
OF July. and large orders were placed at
that time for every line OF supplies
1t Is the opinion of the department that
If every postmaster will adopt the method
In post offices. 1t will result in vastly more
satisfactory service all around. The plan
Is that each postmaster charge one man
with looking after supplies of every de-
scription-money orders, envelopes sta
tionery. twine. etc.
The department has suffered great en-
barrassment over the twine ink and
mucilage situation. The Postmaster Cen
eral has appointed a committee to look
into the matter of securing a suitable
tying device to be used in lieu of lutte
twine. To overcome the ink and mucilage
situation the department has placed or
ders for ink tablets and a special kind of
paste.
Fourth Glass Association officers.
Officers for the ensuing year were elect
I'd by the Association of Fourth-class
Postmasters last night as follows:
President, F. W. Jameson, of Iowa re-
elected; vice president. j. E. Bowling,
Washington. d. c.. second vice president,
S. n. Sorrell. Kentucky: third vice presi-
dent. G.. M. Weeks. Florida; secretary,
{. C. Young, Illinois. reelected: Treasure
W S. Bartholomew. Minnesota.
The following executive committee was
appointed: President NJ. II. Daily. Mis-
sissippi: vice president and secretary, j.
e. Gibson. Indiana.
Des Moines i"wa. was selected for next