Show FAVORS POSTAL SAVINGS BANK president Prel dent taft believe believes plan wilt will J appeal to many beverly mass president taft indicated in talks with caller on wed that in his to con gress next december lie be will strong ly urge the early establishment of a postal savings bank system he lie III ask that the republican platform declaration la in favor of postal banks be fulfilled as speedily as an possible president taft believes several ban han dred millions of dollars would bo b placed at the governments ROvern menta disposal through postal savings bank it is suggested that thia this money might well be amplo employed ed in taking up ap the it do DOD or 7 outstanding rut rat of ROT gov 2 0 per ceni cent bond bonds which haa hate given much concern to thi trea treasury sary department officials already the bonds are belling selling below pir pu and thara thears Is feir of further depression the president believes the postal binks banks would appeal to timid persons who are afraid to trust tho the ordinary bank banks and would rather get tha small later inter est the government would give than to place the money IN in the regular ear gar ings bangs ban KB |