The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-06-22

Measure intact.
Am measures were directed to the
section Of the House bin relating 20
the deposit and withdrawal Of postal
bank funds by the government. The
general contention was that the House
bin contemplated the withdrawal Of
the funds from the local banks for
transferenco TO the large eastern
while 90 was urged that the Senate bill
would hold the money az the home
banks except I'm case Of war or other
contingency.
Bacon offers Amendment
The first Of the amendments disposed
~ was offered by Senator Bacon and
provided for the striking out OF the
provision authorizing the use q postal
bonds supporting his own amendment
Mr.. Bacon declared the provision Of the
House was the entering wedge IN the
Interest ~ q great central bank de
said the fiuauciers OF Vail street could
have written nothing wore TO their own
liking.
The amendment was voted down by a
majority of g. as was The next amend
rncut which was offered by Mr.. Cum
Minis which required that repositories
should be selected I'm accordance with
- general rule. The suggestion that
received most attention provides FOR
q requirement Of indemnity bonds from
postal savings dcpositories. This is the
provision in the senate bill. while the
security. THE Senate amendment was
favored by Senators Cummins and Bris-
tow and opposed hy Messrs. Burton
Mr. Bristo1v declared that the House
provision would preclude the Dossibil
Its % country banks becoming deposit
tories. as Az would require them TO pre-
Ter one dcuositor over others. whlch
the state law would not permit In
stead Of being n source u strength
a. the next campaign. ~ would be a
90 HH. III noe NM
party ne said The vote against the
amendment stood 20 20 81
Cummins Amendment Beaten.
A similar fate met an amendment
hy Mr. Cummins. restoring the Senate
provision authorizing the Withdrawal
Of the deposits from the local banks
caIy en- case Of war or other cNtEencT.
Abandoning "a trip 20 New Haven to
see hts son graduate from Yale and an
rounding that he would stay I'm wash
iugton "ail summer III need be. Presi-
dent Taft today began his first open
fight with the United states Senate.
The postal savings bank bill f. the is
sue between the White House and the
north wing Of the capitol. The Presi-
dent insists that the Senate adopt the
Several insurgents and some Of the
regulars are strongly opposed to the
House BIN and rumors 81 n filibuster
against the measure filled the air this
morning.
II was because Of these reports and
the further predictions that the alb
EcnCe Of the President from Washing
ton tomorrow would be taken advan-
taEe Of TO amend the bin in the
Senate so as 90 make its passage I'm
possible I'm either branch OF the national
legislature that the President decided
60 remain az the White House from
now until the day OF adjournment
The fight over the postal savings
bank bill has many angles. one ls
the fact that the measure which the in
surEcnts helped 10 frame and fully ap-
proved In the House ls roundly de-
nOunCo1 hv tho Insurgents IN the Sen
ate. President Taft has promised 20
stand by the House measure. It is pref
~ generally admitted at the capitol
that the President holds the whip hand
IN the fight and that as soon rs vote
can Dc reached the Senate will accept
tho House bill.
Mr.. Taft summoned score Of sena-
tors 20 the white House today and
talked 90 them with dircctness and
forcefulness which left no doubt %
how he feels about the matter The
fact that some Of the regulars I'm the
Senate are quietly working against the
measure has particularly aroused the
President and he IS anxious that they
shall be put on record as early as pos
aihic.