The Barre daily times. (Barre, Vt.) 1897-1959, 1910-07-21
A. T. Davis Succeeds Himself
as the President
OF VERMONT POSTMASIERS
The Closing Session Of Convention Of
Third and Fourth-class ofaeials
Was Held at Montpelier
To-day.

The fourth annual meeting Of the YER
mont league Of the National League Of
postiaastcrs, comprising the third and
fourth class, which has been IN session
a the courthouse II Montpelier, closed
shortly before noon to-day, following The
election Of officers and the transaction
IL otber routine business Alvi 7. Davis
Of Marsafeld was honored with re'eiee-
ton a. president fo- the ensuing term
Melvin j Holt Of South Woodstock was
elected vice president and Miss N. J.
Han Of South Ryegate secretary and
treasurer.
The executive committee contains 6
r Webster Of Barton and =. W. Chase
Of Rochester The selection Of dele
eate 10 the national convention at Chat
tanooea was left with the president
Essex Junction was chosen as the place
for the next meeting Of the Vermont
league Toe postmasters discussed IN
formally their trials and tribulations to-
aav and listened to the national presi-
dent A. K. Hoag Of Orchard Park, \. ~
who spoke about the object Of the Or
eanization and Of matters Of interest 70
the members
The convention Was opened yesterday
afternoon. With an attendance Of about
thirty potsmasters and postmistresses'
with President Davis presiding After
the formal opening, Westminster Joseph
! G. Brown Of Montpelier gave the ad-
dress Of welcome.
MISS Marion j.. Hall Of South Rye.
sate. secretary and treasurer, reported
that the league was organized ~ l8Vi
7 and now has balance Of SSs.S6.
postoalee Inspector O. r. Pendleson Of
boston gave an address on Advance
!. ,nenA III the Postal Seryice,1 which was
Soilswea ~ short talks by members q
,he leacna Postmaster Chase Of hocit
ss4e- snn-s AZ the subject sFhs Troubles
"a tho Money Order and Registry Bus
Z na.s which be thought was largely
I ca,,sea by the hedble handwriting Q
q patrons: Postmaster r. p. sherry e
4 troton On "The Postmaster and the hu
e raj Carriers
5. 49, "a tae evening session with an ad
u dress ON Postal Savings BaIaSs aa'
II Miss Marion Hall Tie secretary q ta
I. convention gave a report Of tae nasaona y
q. coyention al New York last year. atte
= which there was an informal alseussiVi
Mr. Plumley's Speech.
! m his address Mr. Plumley said j
s part; .A;,s :
the lgtA century first takang form !
r. this country in the city q fhilaaeiph
It IN 1916. starting as the Phiiadesphaa ~. Sses
X ines Fund society with deposit e %
IA wdsteh has grown 70 the trenlen'ioe
IS amount 81 500. .00o 900 while there are
- the United States as the offsslot q thi
Tos savings banke with total depos
~ IA e90. .62s .945. The purpose q q
rran,otqrs Of these banks was benfhcief
and aItruistie. It was urged that
wopld encourage among the people, pa
T. ~ 81 thrift economy and fruRhty tn'
H wsr4ld discourage and greatly redua
wasteful expenditure, THAT in this 1egai
- 4 would especially appeal to and prov
neqaYliarly valuable to wage eari1ers,
ay pven n the New England states the
L arA very many native born citizens, bol
nan and women who will not tfu
s. tha hanks with their money and pref
II hoard 1t and TO hide it rather ths
y to ;nnnr the risk OF depositfng m
,eu hauls which may fail as banks have be'
- known 10 do, rarely but yet oeca.ao
agIv These native born arc augment
~ M those of foreign birth, who have =
y, greafen djStrust of banks. These, no
~ sver come from countries where the pe
tsl savinos depositorits are the ereati
as IL thn government with the security
as7 la strength to make the depoiat aV'
III. lutely safe. Il
~ ~ country about s3,500o00Q0O IN mon
wv outstanding which should he II cTeu
n,a ma tion. but only 5000 0Siuoo Of this
'gp ~ II little more than one-half, San
q ~ accounted for BY the treasury otlieia
III Il not IN circulation. y Il belieN
.or. to be in hiding ,.4:
.ef' THAT 10 bring back into circulate
WI tbe Al 500 900 900. which cannot be
!, ~ nlaired otherwise than as in hiding
tns IL vast Importance to the industf
and commercial Welfare = our pso
4 not questioned; -'ace i i accep'
in this country as automatic that
agerr dollar IN actual circulation f
TC aoliars 81 credit ARE secured, II g
ID ans.t third comes out Of its hiding p
II, win add s2 500 100000 to the busin
rio eenacitv Of the country. That il wo
secure to tloae who would make lise
e this means II deposit all Of the bene
ana advantages. moral and niatei
wheih alnittely have come to the t.
TN ana the individual by the use
pke. fhe savings bank does not admit
ried doubt
Of Would Injure No Enterprise.
& in Through the establishment 81 these
ents nositories the government does not 70
for or infringe upon any private enterPr
ster. II does not invade the actual dom
etes IF any industry. Il does not GREAT
AUS bank. Il does not engage IN q bank
age business it does not seek or encour
single deposit that would enter a lJa
1t appears only to the weak the g
investor. to the stranger IN our Z
haf. land Offering him small income,
was large security asks 70 hold bis SAY
cit, until he can invest them 70 batter