East Oregonian : E.O. (Pendleton, OR) 1888-current, 1909-09-10
POSTAL BANKS
CONFERENCE
NATIONAL LEAGUE WILL
ENDORSE TAETS POLICY
Meeting VIII Soon BE Held in Chi
cago and Delegates Promise TO Ask
Postal Bank Law in Defiance of
CannOnism.

Chicago, Sent. 7.-Preparations are
being made by the Postal Savings
Sank league for an important con,
ference in Chicago soon to voice the
general indignation felt at the open
defiance by the bosses of congress
both of party pledges and popular de-
mand for postal depository system in
the United States. The conference
will. probably be held prior to the
meeting beginning September 13 of
the American Bankers association,
from which has. come the opposition
to which the controlling minority in
congress has been so responsive. Re-
Gently President Taft pointed out the
blunder made by banking interests in
opposing this measure to stimulate
thrift.
President Taft will be in Chicago
during the week of the sessions of
the Bankers association and he is de-
| termined that the campaign promise
of postal banks shall be fulfilled with
no more delay. Considering the more
!
up, in which the banking interests
have a much greater interest, it IS
conceivable that the American
Bankers association may tacitly in
dorse or cease toroppose the postal
depository measure in view of over
whelming public sentiment favoring
it and the danger involved in oppos-
ing the measure under all crcum.
stances. The call for the convention
includes "all friends and advocates
of the postal savings bank measure
viii Take Shot at Cannon.
The forthcoming conference will
not fail to pay its respects to Speak
er Cannon. who recently struck at
postal banks what Chairman Georco
II Currier of the Postal Savings
Bank league has called the "parlia
mentary shortarm jab" in the ap-
pointing as chairman of the house
committee on postoffices and post
roads the distinguished congressman
from Newton, Mass, the Honorable
John w. Weeks, who has long been
known to have decided and lrrevo-
cable views on the matter of a postal
/ depository system-against it. BE
tween Weeks and Aldrlch" Chairman
/ Currier has said in an article in
| Everyday Life" of Chicago, "the
! bosses of congress expect to give the
postal savings bank idea, to which
/ the republican party is pledged, the
knockout and hocus pocus that will
keep it smothered for another four
/ years or so. Stimulate thrift, indeed.
Foolish American public, Weeks will
hold you for a while. Weeks Is to
see to the postal bank idea. No doubt
about Weeks, nor his intentions re-
garding the Carter bill.
There you have it," continues
Chairman Currier. For IA years the
banking interests have applauded
when the army Of the American peo-
pie has marched up to Washington
with bill to create national sohsol
of thrift and providence-a postal
savings bank system for starting peo-
pie to save and to care for small cav
ings-each time applauded because
the army has been refused a recent
hearing by the self appointed staff
officers of congress, the Cannone, the
Aldriches and Weekses. Every time
that army has been obliged To turn
back disappointed Nov Weeks is to
be the spokesman and board OF
strategy to try to repeat this monoto-
nous and humiliating tricRery, to
hand the public lemon neatly and
with polite regrets