Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-02-25
BAILEY FIGHTS
POSTOFF|CE
BANK BILL
NO WARRANT FOR
IT IN THE CONSTITUTION
Measure Makes Good Progress
IN Senate and Vote on Its FIJI
nal Disposition Is TO Be TAX
en- Thursday


Washington. Feb. 2f---Dccided pro.
erese was mate 10 the semitic today
.tuwnrd the disposition ~ tine postnl
savings bank bil in addition to 4
striking speech by Senator Bailey and
IA amendment 10y senator burton
which is offered as u cpmpr0misH ~
the Narions differences regarding the
disposal ~ the unds arising from th4
istnl deposits. senator Garter sue
eeeded III getting next Thursday
March p iiSed for Il Vote on The the
bill
There WAS no objection to- naming q
day and senators appeared pleased
that p Tins h8G been nxed for the
final disposition of the measure. Mr..
Garter made his request immediatelS
after the close pf senator iaileyA
speech The time was Well selected
for the reason mat many senators
.haVe been waiting 90 hear from the
.Texas senator before agreeing 20 any
time TOR the disposal Of the bill.
After Mr. Bailey had concluded
many expressed the opinion hat he
mad thrown much light upon con
siitnti1nWl uurstiors involved IN thc
subject. Je had h splendid audience
both on the floor ~ the SENATE and IN
the galleries and his speech MAS rec
ceived with general favor.
Mr. owen gave notice that he would
speak tomorrow on his proposed
amendment substituting q government
auafantee Of hank deposits for the
suggested postal banks
Mr. BAILEY discussed the different
clauses of the constitution under which
the savings bank hin had found SUP
port Beginning with the commerce
clause ne declared IL tu he q %erotnsUue
.Ahsurdity 90 say that stsch an insti-
tuition ass Il postal savings hank system
could be established unarr TO-
referring 10 the contention that tho
bin was justified under the borrowing
clause of the constitution. he asked
Us advocates whether the real purpose
fbf tnc measure Nts % borrow mnney.
nc il was. then II WAS constitutional.
#imt cunceivine the object To- be Co en-
liable The government ~ perform ITS
functions in time OF emergency, he
.lc0nfended that this measure would not
tire contention made under this
clause.
Iiu said he would mot affront the
Intelligence 81 his colleagues or dis
credit hiF own cundof hN saying he
believed any one would vote for the
.bill with The Idea TINT IL was intend
.ed % cnRule the government 70 raise
money under tine borrowing provision.
lie also Inferred upon extended srgu-
ments be- prove The measure not iusti-
.lica either under the postnfiicc clnusc
0s the money eoinins cipuse OF The
constitution
if the customs houses were az
humorous as pnstnfflsfs said senator
Bailey. they would hnve been AS apt
TO be chosen Tor this business
The business proposed WAS i purely
fiscal operation he declared ana made
IA pfctsnst 81 tuN connection with the
operation OF the postal service. He RON
tended that the private citizen bad a.
right Ia 40 with money ms hc pleased
80 De had With n other property.
"ff you can bring money from its
hiding place ia nua way Nou can IN
another. he Mtil YOU have just ass
much power fN compel thc citigcn "a
None, hy threatening him
with punishment as you have 70 tempt
him hy guaranteeing o. MIN q proist
on it M You eau employ q premium
pou can emploF "a penalty You
no more right TO prescribe
"a Citizen shal do with his
money than Nnn have 80 saN what ne
shall 40 with his land
Tie then attempted To show That the
purpose of the BIN was 90 encourage
economy ana thrift ANA ~ quoted ems
mcssare ol President Roosevelt ot
1907 FOO support If his contention. ~
teriug upon ae argument 10 show
that this was not part of the duty
Isl tho government tut en- the other
hand. that b was an unwarrantcd oh-
tfsf:on ct the government into the Nf-
fairs at it's citizens
tle referred e. enc future possibility
OF hank legislation and said that this
of the government fufu the