The Dillon herald. [volume] (Dillon, S.C.) 1894-????, 1910-08-18

'N-' ''oi' hohiS anu W lO IIuu II Etru
to save money" Jnasmuch as these
young men" are undoubtedly scions
of eastern families who have gone
forth to seek their fortunes while the
fathers and elder brothers remained
at nome to take care of the long-estab-
hshed business Of the family this in
! tereSt on the part of the postmaster
| III their welfare and in their success
! gives touch 20 the paternalistic side
| OF the postal banks which is interest
| ing. The postmaster says he will not
| get an extra cent in salary for the
extra. work involved. but that he is
personally willing to work overtime
| in order that these young men" may
| be encouraged iii thrift and economy.
Superior. Neb., rererts that there
/ Is no savings bank within 100 miles
| OF that place in any direction, and it
; wants the first postal savings bank al
| lotted to that State, as il had the
| first rural route
From Great Falls, Mont, comes the
plea that the city has more wage earn
ers in proportion to its population
| than any other city in the country.
many of whom are foreigners. The
| postmaster is certain that the patrons
OF his Office will appreciate a postal
bank.
ht IpSIH'dSIcT 1T OnQrTa, Ill.
points out that while the inhabitants
of tho cities have savings banks ga
| lore, the rural population of the coun-
try in large part is without conve-
| nieCces of this kind. He suggests
that the postal savings bank will be-
| cGmc even more popular in the coun-
try than in the citirs. and asks that
| they be given n fair trial in the coun-
try districts, including tho territory
in the vicinity OF Orar@a
At Centcrvil:e, Ia, the postmaster
| reports large fOTciEH Dorulat:on.
which either buys International
! Eo@c ." Cs'ic'i with lis surplus aaviucs
and sends il out Cf the community.
or C""r.c% the money around or it's
Person. This feature among the for-
eiSncHs has alreadr b7on emphasized
in the Dinirg districts Of ?cnnsyIva-
MIA. where thousands OF dollars have
already been reported in the hands
of the fore,g ,gneTs working the mines
Of that state. The rosimastcrs Of
PerrsylN ania feel sure this money
will go into the postal banks
Astonishing Indifference appears to
prevail in the soUth and west with
regard to the benefits supposed to flow
from postal savings banks. Those
sections were supposed, while the bill
was under consideration, to be de-
manding such legislation with great
fervor
or the 10000 postmastcrs in the
country but 195 have reported the
least interest in Their localities in the
matter. or the 14,000 or 5000
| banking institutions in the country
but 4G2 have signilicd desire to be-
come repositories for the money to be
placed in the postal savings banks.
The banks manifesting curiosity are
distributed through ~ states. and the
postmasters who have made inquiries
are in 36 states. Texas and Oklaho-
ma are the only states of the south
where the subject appears 10 have
aroused much interest. In Texas 90
roGtmasters have written here for in
formation and in Oklahoma nine.
Postmastcrs in Louisiana. Missis-
sippi. Alabama. Georgia and North
Carolina have ignored the matter.
The officials Of the n0stOffice de-
partmert believe they will lie able 10
establish few banks by the first OF
he year 1911. They realize they
Lave big task On their hands. Thus
FAR, however, there ere no indications
OF any rush On the part CT the people
in demanding them.
Secretary MacNCagh recently urged
the banks to form associations TO avail
themselves of the privileges of the
Aldrich-Vreeland currency plan. but
thus far tCcre is not one such aSsocia-
tiOn in existence. Futile efforts have
been made to form them so they may
be in existence when the next curren-
cy pinch comes, but the banks are un-
willing to even so to the expense of
preparing the necessary papers for
associations.