The enterprise. [volume] (Harlem, Mont.) 1899-1926, 1910-02-09

WdSQluSLOu.-CFO u present IuuASo-
tons it appears that the elder states
men are in panic. They not only
purpose to give way In the matter OF
the formulation of the terms of the
postal savings bank bill, but from re-
ports which come from their camp it
appears that they are also seeing a
light with regard to other legislative
measures.
1t is pure politics with them. They
do not believe any more in this postal
savings bank legislation than they did
before they acceded to the demands OF
the Progressives. There Is nothing
the matter with the hearing of these
gentleman, however, especially when
the rumble of the people forebodes
political disaster.
They are not only willing to desert
Cannon and Cannonism and in so far
as they may to dump Aldrich, but
they are also willing under the stress
of public opinion to make some real
improvement in the proposed legisla-
ton.
Postal Bank Bill Fixed Up.
It should not be forgotten that the
postal savings bank bill, the bill to
regulate railroads and the federal in
corporation measure were drawn by
executive direction and were submit
ted with executive approval The
postal savings bank bill introduced by
Senator Carter was so full of holes
that 1t could not stand the fire during
one committee meeting.
Progressive senators digested the
bill at a conference which they held
and determined that they would not
accept 1t unless 1t was materially
amended. Senator Dolliver, member
of the committee, when the bill was
called up for action at meeting of
the postoff1ces and post roads COM
mittee, pointed out few of its de-
fects. 1t was surprising how readily
his suggestions of Improvement were
adopted. The bill was found SO full
of holes that a committee composed
of Senators Carter, Dolliver and
Owen was selected to draft a new
measure which was submitted to the
senate. The new measure appears
to meet the requirements of those who
sincerely advocate the proposed sys.
tenn. 1t not only provides for the es'
tablishment of postal banks at all post
Offices as rapidly as the system can
be developed, but 1t contains provi-
sions that the money collected by the
postoff1ces shall be deposited in ma
tional or state banks, subject to pub
lie supervision, In he immediate
neighborhood where the money is col
lected.
Is Aldrich Sincere?
This Is intended to prevent the saw
ings of the country from being drawn
into the great money centers, as
might have been the case had the Sec
rotary of the treasury been given au-
thority to deposit where he pleased
These provisions will satisfy the Pro-
gressive senator's who had insisted
upon them, and make the passage of
the bill comparatively easy in the
senate, provided, of course, the AID
rich following are sincere in their
promises to support it.
| Ou LulS point there is reason LOT
doubt. At the beginning of the ses-
sion Senator Aldrich declared himself
against the proposition on the ground
that it would interfere with his plan
Of remodeling the whole currency and
banking systems. Later he announced
that the bill could be put through
and 1t has been the latter announce.
ment, supplemented by urgings from
the president, that has prompted the
committees activity.
Shippers Making Protest.
It is significant that while the ad
ministration railroad bill contains
nothing which will enable the inter
state commerce commission to deter
mine absolutely the reasonableness o.
rate, the shippers of the country are
making a loud protest against exorbi
tant transportation charges.
The National Shippers association
has placed before members Of con
gress some startling facts in regart
| ~ tho r0S,ntrv Tho proorosuivou a ~