92 
POSTAL SAVINGS 
the savings bank business. 33 Senator Gallinger, 
of New Hampshire, had received letters from of 
ficials of the savings banks in his State making a 
very earnest protest against the House proposal 
that there should be no limit on non-interest bear 
ing deposits. 34 
2. A second objection was the claim that the 
raising of the deposit limit and particularly the 
allowance of large or unlimited non-interest 
bearing deposits would open the door to the 
fraudulent evasion of debts and taxes. Accord 
ing to a decision of the Attorney-General’s office, 
deposits in postal savings banks are exempt from 
attachment and execution for debt. In Decem 
ber, 1915, and during the consideration of the 
bill to raise the limit of interest bearing deposits 
to $1,000 and to authorize non-interest bearing 
deposits up to another thousand dollars, Repre 
sentative Steenerson, of Minnesota, drew a 
picture of a man with a wife and five or six chil 
dren over ten years of age, each depositing 
$2,000 in the postal savings bank, and escaping 
creditors to the total amount deposited. 35 He 
raised the question whether a lower limit than 
the one proposed should not be fixed for minors, 
S3 Ibid., April 15, 1914, p. 6727. 
34 Ibid., April 14, p. 6670; and April 15, p. 6725. 
35 Cong. Rec., Dec. 17, 1915, p. 433; and Jan. 6, 1916,