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1
POSTAL SAVINGS
CHAPTER I
The Movement For Establishment of a
Postal Savings System in the United
States
On June 25, 1910, the bill creating the United
States postal savings system was signed by Presi
dent Taft. Thus after nearly forty years of dis
cussion, occasionally rising to heights of agita
tion, as during the administrations of Post
masters-General Creswell, Wanamaker and
Meyer; after eight Postmasters-General had
recommended the establishment of postal sav
ings banks 1 and ten times as many bills had been
introduced into Congress for this purpose, 2 the
United States found itself in line with most of
1 The recommendations of Postmasters-General from 1871
to the present time, together with other valuable material
illustrating the movement for postal savings banks in the
United States, are summarized in a speech in the House of
Representatives by George Edmond Foss of Massachusetts.
Cong. Rec., June 20, 1910, pp. 8709 et seq.
2 For a list of bills, see Report No. 1445, H. R., 61 Cong.,
2 Sess. (June 7, 1910), pp. 63-66.