The Coconino sun., 1915-06-11
POSTAL BANKS WONDERFUL
 ADVANTAGE TO COUNTRY

aSCouilt III tHe pOStdi SdNlHSS DdIlh after July 1, according to an instruct i've leaflet on the postal savings sys- tenn just issued by Postmaster Gene ral Burelson. This important exten- sion of the service will be made pos sible by permitting persons living in communities so sparsely settled as not to justify the designation of their local postoflices as regular postal saw ings banks to open accounts by mail.
 Governor Cookery, third assistant postmaster general, who has direct supervision of postal savings, was so impressed by appeals from all over the country to open postal savings ac- counts by mail that he took up the task some weeks ago of working out a feasible and safe method for meet ing a demand we'll illustrated in a letter from Saline County Missou- rian, who resides many miles from a postal savings bank.
 Having a few hundred dollars saved from fifty years of hard and assiduous labor and skimping econ omy 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 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 i'm possible 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. glad to lay by at least enough to put us away in de- cency."
 Under the plan adopted by the postmaster general for opening ac- counts by mail an intended depositor, residing where there is no regularly designated postal savings bank, will apply to his local postmaster who will see that necessary identification data is prepared and forwarded to a near by postoffice authorized to accept de- posits. The intending depositor will then be given permission to forward his first and subsequent deposit 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 in- terest that may be due him.
 The new leaflet points out that any person ten years old or over may open an account in his or her own name that an account may be opened by married woman free from any control or interference by her hus- band; that postoffice officials are for bidden to disclose to any person, ex- cept the depositor, the amount of any deposits; that withdrawals may be made without previous notice, and that the government guarantees to repay all deposits on demand with acrued interest.
 The leaflet will soon be printed in twenty-four foreign languages for dis tribution through local postoffices. The foreign-born citizen has taken very kindly to postal savings, and literature in his own language will be of great assistance to him. In re- cent article Postmaster General Bur leson commented on the foreign-born depositor as follows:
 Upwards of 50O,0O0 depositors now have accounts in the postal savings system and they represent every na- tionality on earth. They also rep resent almost every known occupation professional men, theatrical people, mechanics, laborers, fishermen, pack peddlers, etc. But the majority are wage earners, and of this class the foreign-born largely predominate. A census of depositors taken by the post office department shows that approx 40 per cent (200,0O0) of the depositors are foreign-born citizens and they own more than 50 per cent of the deposits-splendid evidence of the confidence of our newly acquired citizens in the ability and good faith of their adopted country to fulfill it's obligations.
 ."There is another reason which led unfamiliar with our lan- guage and business methods, to turn to the government to safeguard their humble savings and that reason is the disastrous experiences many of them had by the failures of bogus private banks officered by swindlers of their own tongue who have preyed upon their loneliness and credulity.'
 Postal savings receipts have broken