Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-03-03
FIRM
FOE T0P0STAL
BANK BILL
GENTLEMAN FROM IDAHO
MAKES FIGHT FOR DELAY
Declares Republican Party Un-
der No Pledge to Enact De-
sired Legislation in Early
Days of Taft Regime
Inv Morning ,ourpal special r.a..s wire,

tbv Morning Journal Special r.saaes ylreI
washington, March 2.~-'rho admin
istration postal savings bank bin may
be referred back to the postofflce
committee when the times comes to-
morrow for vote on that measure
by the senate
senator IIeyburn Of Idaho. SO init
mated in Il speech in the senate to-
/ day on mis- substitute for the pending
/ bill Whether he would offer the suh-
J sttute, he said would depend upon
! developments tomorrow.
Il have heard many expressions of
dissatisfaction with the legislation as
1t stands" he said "A number Of
senators have indicated a desire that
the bin be recommitted in order that
IL may have further consideration be-
fore we commit ourselves irrevo-
( cably To the policy Of q postal savings
system"
He added that the republican party
was under no pledge 10 pass say
lngs law at the very beginning Of the
! Tart administration There still would
be time for consideration ii the bin
should so back 70 the committee
Mr Heyburns speech was followed
hy sharp clash between himself and
senator Carter, in charge of the bill
He had begun by suggesting n change
OF the title to the bill and Mr.. Garter
charged him with trying 20 change
the constitutional character of the bill
by altering the title
Mr. Hepburn replied somewhat
vehementlv that he had made no such
effort ana Mr.. Carter undertook to
show that he had done so. While the
Montana senator was speaking Mr.
Hepburn sought To interrupt Mr..
Carter declined to yield
II should think he would decline
after such a speech. as he has made
declared the idaho senator. ana start
ed out of the chamber
And !, retorted the Montana sem
atOr. would think that the senator
would leave the room after such a
speech as he has made
Mr.. Hepburn stopped for a moment |
to hear the last words of his opponent |
as he entered a convenient cloak |
room.
Mr.. Carter declared the Hepburn |
substitute ridiculous and said that Mr.. !
Hepburn had offered ii In order 10 !
present something different rather I
than 10 present something better
Mr. Heyburns measure provides for |
a postal savings bank at the capital !
city of each state and the bill pro-
ceeded upon the theory that govern
ally permissible under the borrowing
clause Of the constitution
Defending the cOnstitutiOnality Of
the Garter bill, Mr. Bradley said that
those who were attacking II were OF
the same party that had contended
FOR the right of rebellion
''If," he said, they could have their
lan mt ff1l
he condition of John Sloat who was
killed by a train in the west. His
'ather wired, Send his remains home.
The response came promptly There
lint none. "
He asserted that none of the dire
predictions against the
iarious republican measures had been
'ealized and he predicted that none
ould be,
Mr. Sutherland also defended the
administration bill, both as cOnstitu-
ional and eXpedient. He said that n :
POSTAL savings system would aid IN 4
he prevention Of panics, but this
tatement brought out q series Of
uestions from Mr Hale. who said he {
vas fearful that the effect Of The
proposed law would be bad on other \
,anks in time of panic He feared, I
ie said, that 1t would cause timid de- {
ositors in the ordinary savings banks
o withdraw their funds and deposit =
hem with the government. u
Mr.. Carter joined in Mr.. Suther- II
inds response They agreed that G
honey taken out Of banks for deposit b
the postoffices would Immediately
nd its way back to tho ordinary n
anks. They also brought ont the 81
lea that the limitation on postal de- "
osits would have the effect of pro- 4
citing regular banking institutions. cl
With the conclusion Of MT Suther- Il
nd's speech, Mr. Smoot presented the
nendments 10 the bill previously Z
greed upon by the republican mana
RS Further consideration Of the
easure was postponed until tomor-
wv