The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1910-06-23
PRESIDENT TAFT
SCORES TRIUMPH

WASHINGTON. June 22-After
voting down several amendments the
senate today decided "A to 25 to con-
cur in the house amendments To the
postal savings bank bill and thus
took the last legislative step neces-
sary TO the establishment OF a postal
savings bank In the United States
The measure was included in the ad-
ministration schedule and its passage
marks another triumph for President
Taft
In accordance with the program
agreed on yesterday the voting be
gan at o'clock and tho bill was
passed fifteen minutes latter.
La Toilette and Others Refuse to
Yield.
Most OF the "Insurgent' Republi-
cans joined the regulars In support
Ing the measure in the final vote,
Senators Bristol. Cummings and LII
Toilette refused to yield and cast
their ballots with the Democrats.
Senator Chamerlaln cast the only
Democratic vote for the bill
Before the vote there was much
discussion of the bills. The first
speaker was Senator Bristow of Kan
sas who said he would rather stay In
Washington a month longer than ac-
cept it. He asserted a majority OF
the votes for the house bill would be
cast by senators who wanted no post
al savings legislation. Concluding he
said
The bill creates pipe line TO the
speculative centers for the money
from all over the country"
Surrender to the Banks.
Mr. Simmons denounced the bill As
AN abject and humiliating surrender
to the banks" and predicted that be.
fore the end of the next campaign the
bill would be the most unpopular law
ever passed by the Republican party
mot excepting the spurned, rejected
and trampled upon Payne-Aldrlch tar
iff law"
Declaring the house had rejected
every feature for which the senate
had made special endeavor. Mr.
Hughes read articles from news
papers declaring the president had
threatened to veto the river and har-
bors and public building bills If the
postal savings bank bill should fail
OF acceptance by the senate He de-
manded to know whether the con
tents OF the pork barrel should be
more potent In influencing senators
than the requirements OF the copsti-
tuition. Mr.. Carter defended the bill
Meeting the contention that the bin
Was an entirely new measure he de-
clnred Its provisions were along the
lines marked out by many bills pre-
On, F.I OF, a..
agitation for postal savings banks
He said though the bill differed some
what from the senate bill. 1t was the
result Of compromise and, while not
representing the views OF any one
senator or number OF senators, It
was still an expression of the dead
level" sentiment of all.
Declares Bill Blessing to Poor.
Mr.. Carter admitted his desire to
have the bill amended in some par.
tlculars but found such course i'm.
practicable so late in the session He
expressed confidence that the mea-
sure would prove an unmiXed bless. |
Ing. TO struggling men, women and |
The postal bank BILL as It goes to |
the president provides for the design
alton OF postofflces as postal savings
depository offices. The opening OF
such repositories ~ left to the discre-
tion OF board of three trustees, CON
siSung OF the postmaster general, the |
secretary OF the treasury and the !
attorney general This board is given ,
complete control Of the repositories |
ana OF their funds, As IL will reouIrc
considerable time for the bonrd to |
prepare its regulations, It Is impossI. |
Die at this time to predict when tho |
postal banking system will be In oper-
alton
Cni'oren May Be Oepositors,
In those depositors anv person over
ten years of age may make deposits
OF funds amnuntInn 10 ana Iall. -.