The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-02-25
hal SAVINGS
MEASURE PUSHED
n Fixes March 3rd as Time
4 for Taking Vote on
the Bill.
lgOR BAILEY IS
STRONG in OPPOSITION
j Striking Speech, Attack
|Constitutionality of Pro-
posed Legislation.

.aINGToN. Feb. 24.-Dccsded
was made in the senate to-
-ards the disposition of the post
ms bank bill. In addition to
speech by Senator Bailey and
sendmcnt bv Senator Burton,
i offered as a compromise OF
.,;ous differences on the question
disposal of The funds arising from
.staI deposits, Senator Carter sue
IN citing March 8 fixed for
|n the biz.
"a was no objection TO naming a
Ia senators appeared pleased that
1 had been fixed for the final DIS
"A Of the measure. Mr.. Carter
S;s request Immediately after the
|d Senator Bailey s speech. The
RAG well selected, for the reason
uanv senators have becn waiting
n from The Texas senator before
|Dr TO any time for the disposal
|sbin.
Received With Favor.
M M. Bailey had concluded MANY
Ssed the opinion that no had
nj much light upon constitutional
ions Involved inothe subject, He
4 splcudid audience. both on the
'anjin the galleries, and his speech
7e,ired with general favor
n 0Fen gave notice that he would
+ hnorrow on his proposed amend
1bstitutiug n government guar
q bank deposits for the suG-
tcstal banks.
Bailey discussed the different
f of the constitution under which
|.ines bank bill had found support.
ING with the commerce clause he
N IL 10 be a grotesque absurdity
Thai sucb an institution Us post
|ings bank system could be es
ID under it.
ming TO the contention that the
: justified under the borrowing
tf the constitution, he asked its
rs whether the real purpose OF
asure were that of borrowing
/. If it were then it WAS con-
nal, but concciying the object OF
'ause TO be that Of enabling the
1nent 70 perform its functions in
N emergency. he contonded that
'hsure would not Justify the con
s made under this clause.
some Pointed Comment.
/. "a he would not atfrcDt the in
"a of his colleagues or discredlt
capdor by saving that he be.
.ny one would vote for the bill
De idea that IL was intended To
4 the government TO raise money
f. .be borrowing provision. He also
ID npon extended arguments "a
that the measure was not JUS
either under the postofice clause
money coming clause of the con-
Ion.
customs houses were as numerous
|stcfices, said Senator Bailey, they
have been as apt 10 he chosen
bis business. The business II was
ped, was purely a fiscal operation.
tclared, and made N" pretcuso Of
connections with the operations
b postal service. He cortouded that
Prlvate citizen bad y right TO do
money as nc pleased as he had
NY other property.
Premium and Penalty.
fou can bring money from its
[ece IN one way you can IN an
be said. " You have Just as
over to compel the citizen TO
money by threatening him with
pment as YOU have to tempt him
qfanteeing 10 him z profit on it,.
~ can employ premium YOU can
~ penalty. You have no more
20 prescribe what n citizen shall
''n MS money than vou have to
maj ne shall do with his land. -
"unwarranted obtrusion.
tnen ATTEMPTED 10 show that the
~ oi The bill was 10 encourage
|my and thrift. and be quoted the
y OF President Roosevelt of 1907
pNott OF this contention. entering
an argument 10 show thai this was
Ie OF the duty Of the government
Ipn the other hand, that it WAS IN
soh.ea obtrusion Of the govern
mo the affairs Of its citizens.
suis connection he referred SO The
" possibility of bank legislation
r 'nat this intrusion Of the gov.
Inl N INTO affairs of The people soon
~ 'e followed by The intrusion OF
corporations into the affairs OF
',ng then upon q discussion ol
',laSt aSt rights of citizenship Mr.
ayriared 1t was libel TO say
&rsple gould not take care of their
anu only through struggle and
III jis yonid strong ucoplc be de
Ing conendcd that people must
M; ,h lake the chances an stani
,fa;ss own responsibility IN bust