The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1909-12-16

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proposed is9to have the postal banks
funds re-deposited with private banks
In the same locality. but this at once
suggests a question as to how the
government would be secured for
these deposits placed in the private
banks by the postal banks. II the
private banks would be asked to put
up bonds as collateral-which has
always been required by the govern
ment-the necessary bonds would
bring q premium that would make It
expensive indeed for private banks
to obtain these deposits. Such .
process would be only a roundabout
way Of requiring private banks to
give bonds as security to depositors
unwilling to trust their general cred
It. II this IL to be done, what function
would the postal banks perform that
would justify their expense? There
Is reason in the demand that the
government give assurance to the
public Of the payment Of moneys de-
posted in banks, but the establish
ment Of postal banks is only one Of
several ways by which that end
might be reached.
Sanction is given by President Taft
as was done by President Roosevelt.
to the proposal to subsidize merchant
marine. Hardly any measure is more
unpopular in the middle west and
there is excellent ground for the as
sertion that it is utterly wrong in
principle. Few indeed are the Sen
ators or Representatives from the
middle west who will stand with the
president in this Recommendation.
Results that must be gratifying
to the president as we'll as to the tax
payers Of the whole country, are
shown as following the executives in
structions. issued early last summer
to the various departments. that all
estimates for appropriations by this
congress be reduced to the lowest
possible point. The departments
were moved to abandon their custom
OF padding estimates to allow for q
shrinkage in congress. Now It d
stated BY the president that the total
amount asked by the departments is
no less than $42.s1s.00o less than
the appropriations for them for this
nscal year. This certainly is intro
ducinE .businesslike methods into the
management Of the governments A.
.nances and II is to be hoped that It
creates = precedent that will be OBJ
served hereafter.
"A subject In which President Taft,
al q former member Of the judiciary.
takes q great deal Of interest, is the
problem Of expediting the procedure
of the courts. It Is the executives
opinion that the federal courts are
more prompt than those created by
the states. There may be difference
of opinion as to this but there will be
general approval of his statement
that. as compared with English prac-
tice, that in u courts is archaic
and b%arbarous.' The president pro-
poses the establishment of a COM
mission to inquire into the law and
procedure in federal courts,
the law of appeals to the circuit
courts Of appeals and the supreme
court and recommend changes to
simplify and expedite the movements
Of these courts. President Roose-
welt vas criticised in some quarters
for his advocacy of government by
commissions" but there can be no
question that the need Of improve
in the administration of law
through the courts is so great as to
some such plan as proposed
now by the chief executive.
Senator Cummins has introduced
his proposed amendments to the in
terstate commerce act, giving the in-
terstate commerce commission power