Salt Lake Herald-Republican | 1910-02-18 | Page 1 | Will Pas the Senate

Will PASS AHE THE SENATE I President Fre ident Taft Given Assurances Re Regarding ReI Regarding I garding Fate of Postal Sav Say Savings Sayings I ings Bank Bill DilI Washington Feb 17 Assurances Es of or the passage through the Senate of the postal savings bank bill bli practically pra tlc were given President Taft tonight at a conference In the White house The House was represented at the con conference conference ference by b Representative Weeks of Mas Mae Massachusetts Massachusetts chairman of the committee on Others who took part were Senator Penrose Penro e chairman of the Ute com corn committee committee on and and Senators Root Crane and Car Carter CarleI I tot leI the last named being in charge of the tho savings bank balik measure mea ulf It is understood on good authority that the amendments offered and pressed by Senators Root and Smoot SI OOt will be with withdrawn withdrawn drawn That offered by the New York senator provides for the investment of postal bank hank funds in government bonds while Senator Smoots amendment is dia diametrically diametrically diametrically metrically opposed to this plan prohibit prohibiting prohibitIng prohibiting ing the withdrawal of such Buch funds from local banks in which they may have hae been bein deposited The agreement of both sena senators senators senatore tors tore to recall their amendments in the Interests of harmony clears the way for quick consideration of the bill amicable solution of the snarl Into which tho the savings bank bill was forced is interpreted by the majority in Congress as indicating that practically all the thi th administration measures will lw bo advanced b by similar methods T The Tho postal bill bUl will be bo taken taked up tomorrow