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

port, or fraught with such possible
consequences. affecting the welfare of
the people for good or evil with so
little popular demand for it. | have
not been able to learn that the people
at large, and especially those of the
west, have made even an ordinary de-
mand for r So | must conclude that
what little demand there Is comes
from a desire OF our political friends
10 present an issue To the people that
Will be wind for their political sails.
From my personal experience. very
few persons have given the subject
even casual attention, and rarely Ia
deed. has my opinion been sought on
this question. And l am quite sure
that that Is also your experience The
most that our people know Of 1t II
am speaking of the citizens of this
sfateJ Is the little they have read in
the papers in regard to the discus
sions In congress, and this little they
have passed over with scant interest
You may readily gather from these
preliminary remarks tnat | am op-
posed 10 the creation of postal say.
inGs banks. So l am. at least until q
more apparent necessity arises for
them, | feel quite sure ior the pres
ent, at least, no necessity exists,
Is Revolutionary.
In a country Ike ours. where
there Is perfect freedom for all forces.
whether political or financial to have
untrammeled sway. all necessary
changes of our financial methods
which involve the well being and
prosperity OF our people, nre brought
about by a process of evolution, and
tho desired results are reached with
out violent or disturbing changes. and
without bringing loss or grief to any
considerable number of people. But
here is measure sought 10 be fOist-
ed upon us. without time for exami
nation. or for adjustment OF long es-
tablished principles to what seems to
be revolutionary conditions.
"G do not profess TO be a financial
Solomon, but | assert that there Is
not only no present necessity for this
measure. but on the other hand, IL is
fraught with possible evil and dis.
turblng consequences.
"One OF the familiar arguments in
favor OF this meaSrre Is that there are
number of tlmid people who are
afraid of banks, and consequently
keep their money hidden away In
unsafe places. Now, I do not be.
lieye the number OF such silly peo.
pie is as great as thought to be: and !
Is 1t the duty and function OF the
government 10 legislate into being
Vicious measure affecting large
numbers OF people, in order to provide !
for few. and / believe q yslV fcw. |
ignorant and timid people. many % |
whom are aliens and who arc tempor- !
arily with us with a design 10 take |
their money with them. on returning |
to their native landsP In case oi 9ny
emergency affecting the credit cf the |
government, such as war foreign or
civil. or any other calamity. would not
these very same tlmid people. whom
it is designed To aid by this measure.
be the first to withdraw thcr deposits
and either send them away. or aide
them again. and thus cause tho gov
ernment an embarrassment which
might be considerable?
Many OF us have seen Just snch a
contingency (notably the times of The
Civil war;. whom the credit Of the
was hardly "a good rs
that OF good banks. and II Is no. Ina
possible for such or other calamitIes
TO aGalne arise. which ToLd impair
the credit Of the government TO an