The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-12-14
THE METALS.
END WILL BE PAINLESS.

END WILL BE PAINLESS.
News comes from, Washington that
the postal savings bank bill will sleep
the sleep that knows no waking. 1t is
to come before the senate today and
there may be desultory debate for
an hour or two. possibly longer Then
the last offices for the dead will be per-
formed by Senator Aldrich. and all viii
be over. The Republican national plat
form as adopted by the Chicago con-
vention last June contained the fol-
lowing plank:
We favor the establishment of a postal
savings bank system for the convenience
or the people and the encouragement Of
thrift.
II viii be recalled that the American
Association of Bankers declared against
the guarantee of bank deposits and also
against postal savings banks The de-
feat OF Bryan and the failure to elect
Democratic congress knocked the guar
anty proposition in the head Just what
argument was used to kill off the saw
ings bank plan is not known. but the
solemn pledge OF the Republican party
is certain to be violated so far as the
present congress is concerned.
The truly good Philadelphia North
American is all 'het up" over the mat
ter The majority of the Republican
senator's are called "vulturss." foul
birds OF prey" men who accepted the
nomination of Taft and the Chicago
platform reluctantly and with mental
reservation. After several spasms the
North American saws:
II will be an extraordinary spectacle
when Aldsici rises 10 kill the postal saw
inss bank bill He will stand in triple
capacity-tnis Cerberus OF the senate this
three gentlemen in one
lie will he recognized by III. entire
country as the senator from Rhode island.
Gtc spokesman of Standard OIL % Broad
way. and Tie City National bank and the
attorney Tor the defense OF the stock
gamblers OF New York who forced a yeor
the world
We will stand the chosen leader % the
senate. He will shape policies at he be-
sinhing et new administration. He will
take In his hands and tear to bits a writ
ten. solemn pledge of the Republican
party 10 the people of the United States
IL is difficult for us to understand how
snch things can be 1t is hard TO believe
uonal assemblies can be devoid Of su
sense ct honol or of shame.
We Choose rather to believe that such
an attempt to sully and stultify the Taft
administration before il has begun is due
10 blind. foolish clinginR to dead and
putria theory OF privilege.
But e very fact that the old kinKs'
persist n. their repudiated habit of fifth
breaking and think that the present breed
o, Americans VIII suffer them TO do so
With impunity Is proof enough that thev
cannot learn the new lessons-proof CON
vincing that in Justice to himself and to
his rsSenetsted party, Taft cannot afford
10 trust any pledge of theirs or make truce
with them.
Yet Aidrich is the head and front of
the monetary commission which is des-
tined 10 reform the currency svsten, Of
the country, and the beating of the pos
tai savings bank bill is only one fea-
ture of a general financial plan in which
the interests of the people at large do
not figure. He could not accomplish
these things il a majority of the mem
oers OF the senate and house were not |
OF the same mind. Moreover. after the
meeting of the bankers at Denver the
savings bank proposition was sban-
doned by the Republican campaisners
from Taft down, and the bankers GER
tainly were led to, believe that their
wishes would be respected.
The Republican platform promised |
postal savings banks. and the Demo- /
Gratis are on record as favoring their
institution in case the guaranty pIan
dtd not prevail. but the Democratic
senator's and representatives are un5er
no obligation to rake the Republican /
chestnuts out the fire and save the /
Nee OF the next administration and re-
eelve abuse for their patriotism, a la
Roosevelt
Noses nave been counted jim the SEN
ate and the bill is said 10 be short a |
dozen votes. Are the Utah senators 1
among the ''vultures" and foul birds
~ prey. or do they stand squarely on |
the Republican platform?