Morgan County republican. (Versailles, Mo.) 1906-1914, 1910-02-10
STATESMEN
ARE GIVING WAY
ALREADY RECOGNIZE ADMINS.
TRATIoN MEASURES MUST
BE AMENDED.
SEEK TO SAVE THEMSELVES
Stand Of Progressives on Postal Saw.
ings Bank and Other Bills Is Justi.
fled - Organization Makes Peace
Overtures.

Washington.-From present indica.
tons it appears that the elder states
men are in a panic. They not only
purpose to give way In the matter of
the formulation of the terms OF the
postal savings bank bill. but from re-
ports which come from their camp 1t
appears that they are also seeing a
light with regard to other legislative
measures.
It is pure politics with them. They
do not believe any more In this postal
savings bank legislation than they did
before they acceded to the demands OF
the Progressives. There Is nothing
the matter with the hearing of these
gentleman, however. especially when
the rumble OF the people forebodes
political disaster.
They are not only willing to desert
Cannon and Cannonism and In so far
as they may to dump Aldrich, but
they are also willing under the stress
of public opinion to make some real
improvement in the proposed legisla-
ton.
Postal Bank Bill Fixed Up.
II should not be forgotten that the
postal savings bank bill. the bill to
regulate railroads and the federal in.
corporation measure we're drawn by
executive direction and were submit
ted with executive approval. The
postal savings bank bill introduced by
Senator Carter a so full Of holes
that 1t could not stand the fire during
n committee meeting.
Progressive senators digested the
bill at a conference which they fcld
and determined that they would not
accept 1t unless It was materially
amended. Senator Dolliver, member
OF the committee, when the bill was
called up for action at a meeting of
the postofIices mt post roads COM
mittee, pointed out a few of It's de-
fects. Ii was surprising how readily
his suggestions of improvement eel
adopted. The bill was found SO full
of holes that a committee composed
Of Senators Carter, Dolliver and
Owen was selected to draft a new
measure which was submitted to the
senate. The new measure appears
to meet the requirements of those who
sincerely advocate the proposed sys.
TEN. 1t not only provides for the es.
adjustment of postal banks at all post
Offices as rapidly as the system can
be developed. but 1t contains provi.
slons that the money collected by the
postoflces shall be deposited in ma.
tional or state banks. subject to pub
lie supervision, in the immediate
neighborhood where the money Is col
lected.
Is Aldrich SIncere7
This Is intended to prevent the saw.
ings of the country from being drawn
into the great money centers, as
might have been the case had the sec.
rotary of the treasury been given au.
thority to deposit where he pleased.
These provisions will satisfy the Pro.
gressive senators, who had insisted
upon them, and make the passage OF
he bill comparatively easy In the
senate, provided. OF course. the Aid.
rich following are sincere In their
promises to support 1t.
On this point there Is reason for
doubt. At the beginning Of the ses.
sion Senator Aldrich declared himself
against the proposition on the ground
that 1t would interfere with his plan
of remodeling the whole currency and
banking systems. Later he announced
that the bill could be put through
and II has been the latter announce
ment. supplemented by urgings from
the president. that has prompted the
committees activity.
Shippers Making Protest.
IT is significant that while the ad
ministration railroad bill contains
nothing which will enable the inter
state commerce commission to deter
mine absolutely the r~easonableness Of
a rate. the shippers OF the country are
making a loud protest against exorbi
tant transportation charges.
The National Shippers association
has placed before members of con
gress some startling facts in regard
to the country. The Progressives are
confident this information will have
an influence upon congress and ma,
compel the amendment OF the meas
ure so that 1t will serve the INTEREST,"
Of the shippers better and lessen SOM
Of the protection which In Its present
form II gives to the railroads.
1t is shown by the shippers that n
the decade 1897 10 1907 the number
Of passengers carried by the roads In
IN a =