Evening Republican, Volume 14, Number 149, Rensselaer, Jasper County, 23 June 1910 — POSTAL SAVINGS BANK BILL PASSES SENATE. [ARTICLE]

POSTAL SAVINGS BANK BILL PASSES SENATE.

Senate Takes Last Legislative Step Necessary to Establish System in The United States. Washington, June 22.—After voting down several amendments the sena*U today decided 44 to 25 to concur in the house amendments to the postal sav-. ings bank bill and thus took the last legislative step necessary to the establishment of a postal savings bank system in the United States. The measure was included in the administration schedule and its passage marks an-i other triumph for President Taft. In accordance with thp program agreed upon yesterday, the voting began at 5 o’clock and the bill waspassed a quarter of an hour after-! wards. There jas a fairly large attendance of senators, but no exceptional interest was manifested in the proceedings.

Most of the "insurgent” republicans joined with the regulars in supporting the measure in the final action on it, but Senators Bristow, Cummins and LaPollette refused to yield and cast their ballots in the negative with the democrats. Senator Chamberlain cast the only democratic vote for the bill. Previous to the voting there was much discussion of the general merits of the bill. The first of the speakers; was Senator Bristow, of Kansas, who, announcing his intention of voting against the house measure, said he would rather stay in Washington a, month longer than accept it. He as-_ serted that a majority of the votes for the house bill would be east by senators who wanted-no postal savings legislation. Concluding he said that the bill creates a pipe line to the speculative centers for the money from all over the country. Mr. Simmons denounced‘the bill as an abject and humiliating surrender to the banks” tyid predicted that before the end of the next campaign the bill would be the most unpopular laW ever passed by the Republican party, “not excepting the spurned, rejected and trampled upon Payne-Al<trich tariff law.” ’% : Declaring that the house had rejected every feature for which the senate had made special endeavor, Mr. Hughes read articles from new spapers, declaring that the president had threats ened to veto the river and harbor andl public buildings bill if the house postal savings bank bill should fail of accept-, ance by the senate. He demanded to know whether the contents of the pork barrel should be more potent in influencing senators than the requirements of the constitution.