The commercial. (Union City, Tenn.) 190?-193?, 1915-05-21
Press Notice.


account in a postal savings banl
after July 1, according to an in
structive leaflet on the Postal Say
ings System just issued by Post.
master General Burleson. This i'm.
portant extension of the service will
be made possible by permitting per-
sons living in communities so sparse
ly settled as not to justify the des-
! ignation of their local post offices
as regular postal savings banks to
open accounts by mail.
Governor Dockery, Third Assist
ant Postmaster General, who has di-
rect supervision of postal savings,
was so impressed by appeals from
all over the country to open postal
savings accounts by mail that he
took up the task some weeks ago of
working out feasible and safe
method for meeting a demand we'll
illustrated in a letter from a Saline
County Missourian, who resides
many miles from a postal savings
bank.
Having a few hundred dollars
saved from fifty years of hard and
assiduous labor and skipping econo-
my on the part of my wife and my
self, we concluded to deposit it in
the Postal Savings Bank of -
We wrote to the postmaster
at that place and received a reply
to the effect that none but patrons
of that office could deposit in that
office which is very disappointing
news to us. Our little farm is not
large enough to support us and
land is so high that it is impossible
for us to buy more with what little
we have saved and we are so old
that we can't labor much now and
we would be so glad to lay by at |
least enough to put US away in de-
cency."
Under the plan adopted by the
Postmaster General for opening &C
counts by mail an intending de-
positor, residing where there is no
regularly designated postal savings
bank, will apply to his local post
master who will see that necessary
Identification data is prepared and
forwarded to a nearby post office
to accept deposits. The
intending depositor will then be Civ
en- permission to forward his first
and subsequent deposits by money
order or registered mail direct to the
postmaster at the banking point for
which receipts or certificates will be
issued. He may withdraw all or any
part of his postal savings by mail
and on demand together with any
interest that may be due him.
The new leafet points out that
any person ten years old or over may
open an account in his or her name;
hat an account may be opened by
married woman free from any con-
-rol or interference by her husband;
bat post office officials are forbidden
% disclose to any person, except the
1epositor, the amount of any de-
9osits; that Withdrawals may be
made without previous notice; and S
hat the Government guarantees to I
'epay all deposits on demand with t
accrued interest. c
The leafet will soon be printed in (
p foreign languages for distribu-
ion through local post offices. The I
oreign-born citizen has taken very
I1ndly to postal savings, and litera-
ure in his own language will be of \
sreat assistance to him. In a recent
rtfcle, Postmaster General Burleson
ommented on the foreign-born de- @
ositor as follows: e
Upwards of 100000 depositors +
ow have accounts in the Postal I
avings System and they represent |
very nationality on the earth. They o
lso represent almost every known :
ccupatfon-pro professional men, the y
trical people, mechanics, laborers, b
shermen, pack peddlers, etc. But {
ne majority are wage-earners, and L
this class the foreign-born largely b
redominate. A census of depositors
aken by the Post Office Department :
lows that approximately 40 per F
ent (200,000) of the depositors are n
citizens and they own P