The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-03-05
Federal Control.

This leads NE to point out a serious de-
feet in the present federal jurisdiction
which ought TO be remedied at once. Hav-
ing assured to other countries by treaty
the protection of our laws for such OF
their subjects or citizens we permit TO
come within our jurisdiction, we now
leave TO state or a city, not under the
control of the federal government the
DUTY of performing our international obi
cations in this respect. By proper leg1s-
lation we may, and ought to, place in the
hands of the federal executive the means
of enforcing the treaty rights of SUCH
aliens in the courts of the federal gov
eminent. 1t puts our government in
pusillanimous position to make definite
engage ments to protect aliens and then
to excuse the failure to perform those en-
gagements by an explanation that the
duty to keep them is in states OF cities,
not within our control If we would
promise, We must put ourselves in posi-
ton to perform our promise. We cannot
permit the possible failure of justice due
to local prejudice in any state or munich
pal government to expose us TO the risk
OF a war which might be avoided If fed
eral jurisdiction was asserted by suitable
legislation by congress and carried out by
proper proceedings instituted by the ex-
ecutive. in the courts of the national
government.
One of the reforms to be carried out
during the incoming administration is
ch11ge of our monetary and banking
LAWS. 50 E1 ~ StIAAt Sitditt tluSNAtAAf
In the forms OF currency available for
trade. and to prevent the limitations Of
law from operating to increase the em-
harrassments of a financial panic. The
monetary commission lately appointed is
giving full consideration to existing con-
ditions and to all proposed remedies. and
will doubtless suggest one that will meet
the requirements of business and of pub
lie interest. We may hope that the re-
port will embody neither the narrow view
Of Tx~hn hn1iA1-a that the sole r
pose of the new system should be to Sc
cure a large return on banking capital or
of those who would have greater expan-
sion of currency with little regard TO
provisions for its immediate redemption or
ultimate security. There is no subject of
economic discussion so intricate and so
likely to evoke differing views and dog
matte statements as this one. The COM
mission in studying the general influence
Of currency on business and of business
on currency. have wisely extended their
inv stigations in European banking and
monetary methods The Information that
they have derived from such experts as
they have found abroad viii undoubtedly
be found helpful in the solution of the
difficult problem they have in hand.
Postal Savings Banks.
The incoming congress should promptly
fulfill the promise of the Republican
platform and pass a proper postal saw
ings bank bill. IT will not be unwise or
excessive paternalism. The promise 60
repay by the government will furnish an
inducement to savings deposits which
private enterprise cannot supply, and at
such a low rate of interest as not TO
withdraw custom from existing banks
II will substantially increase the funds
available for investment as capitol in
useful enterprises. It will furnish the
absolute security which makes the pro-
posed scheme of government guaranty Of
deposits SO alluring without its pernieious
results.
I sincerely hope that the incoming con-
gress will be alive. as 1t should be, TO the