The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-12-07

therefor
a 1fetf saving might be made.
auunHtng e. r,Heh rlefs than half ~
e. less hE lmpesiag apan inseazines
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Fostal savings Banks
The second subject worthy of men
tion va the nustofiiee department. u the
real necessity Nna entire ptaeueabiiitN
ot establishing postal savings banks
The successful party at the last elec-
lt"a declared in teNoI az postal saw
lhss banks. ana although TIE pFoppsi.
tioh h"ds opponents in many parts "i
lht country am eehNINesd that tht
ptopie desire snel nahAs. end am SURF
1hat when me banks are FURNISHED
theN vii te productive ~ tie utmost
eood me postal savings panks ar
nor constituted Tor me PURPOSE vi sfe
atlhs eoihpst'ilvn "lth othtF BANKS
Ihe rate OF interest," Hyon deposits 70
MhlVh tneS would De limited would ps
80 sitaii as 70 prevent thtif Hf2"l
deposits away from other BANKS
believe them 60 be necessary IA
order - offer proper inducement a.
tnrlft and saVins 70 great many
peopie OF small means WHO do not
now have bankins Faculties and 70
whom such a system would onef an
opportunity Tor the accumulation OF
capital Fhey Will fufnish satisfac-
Tory substitute based on sound pfin-
cipie and actual successful trial In
nearly AZ the countries Of the world,
Tor the system OF government guar
ants - deposits now being adopted M
several western states which Will
Difference 20 those VINO advocate u
seems 10 me 10 have In IL the seeds 81
decentralization 70 conservative banking
ana certain financial disaster
% Ias question 30, o. now tne money d',,
81 Invested Il not free. from dir,eulty
but / believe that a satisfactory pro.
vision for this purpos. was lnserte,
as an amendment "a the BIZ considered
NV me senate ~ tts last session n
has been propos4d to DELAY the eonsia,
Grafton ~ Legislation estahlishine 4
postal savings bank until inter tbn
renort OF the monetary eomtnfssion
This report n likely to 81 DELAYED ana
properlv so because of m. neeessit,
for careful dellheration ana CLOSE ~
ycstiuatlon. al mol sea wby thn one
should ba tied M with the other n ls
unaerstood ihat the n4onatatN, commits
sinn have lopI,ed into fhc evstans ~
banking which now nre,,lil abroad ana
have found chat ~ "A control tbar,.
exercised IA resrrct 10 reserves ana
the rates Of exchange hy some central
authority panics arc avoided n Il nof.
suparent tbat 4 system ~ noSta1 say
ings hanks would I'M any wny inter
forc with A change 10 ench "A svs,eu
here certainly III most of the coun
tries in Europe whore control Is thus
exercised by central authority pos
,s,,..,', -, s.,a''ea 1a'N9 vN'r' "s'i sls Nut
. o, '1 e,.,'a W..
f'f' ~ W N"A 'sN''"'t
ship Subsidy.
Fo1tn,vintr the rourse ~ NV a.etit-
sufshea pred.ressor / earnestly reenn.
mend 10 congress the eonslderitinn
and massage OF sblp SUBSIDY nm
Looking to the establishment of lines
between onr Atlantic seaboard ana the
eastern eonst Of south America 49,
well az lines from the west coast of
the Tinted States "a South America
China Ianan t,na fh. philipnlnse The
pronts M foreign mails are nerhaps +
aneieient m.ast,re og the exnendit,,r.s
which might nfst be tenfatlVslv an.
ulied n thia method n iua,,elnr
American eapital 10 undertake. the ea
tabllahment az American linea of
steamships IA those directions in which
Nc nov feel IA most fmnnrtant tbat ,xa
sbni,td have means of RECOMMENDATIONS
rontroilea n tha lnte,sat M tl. sxna',
sion ~ oir trade a biit ~ thls rhar-
,.t., bs. nuc. ,.ssaa th, b,nsa a.,s
more than once eassea ~ aenata ana
nope that At this session pin
irAAiHu On 'he AAiht ish's ana WIN tns
same ''p'.e' ''''' ,V''' 'sN
~" "o1'eO "'' "''1o"a
The suecesHful party IA the last eiec
ton tn ia national PLATFORM declared
Ia favor VI the admission ~ separate
states " New Mexico ana Arizona, ana
! recommend that legislation appro-
priete 20 this end be adopted | urge
however. that care be exercised Ia the