DEPOSITORS AND DEPOSITS 
95 
posits authorized by the proposed legislation 
should be exempted from attachment for debt 
and from taxation is a separate question to be 
considered by itself. 39 Such rights of exemption 
were not an essential part of the proposal to 
raise the deposit limits. 
3. A third argument in opposition was urged 
by Senator Weeks of Massachusetts. It may 
best be stated in his own words: “I feel per 
fectly sure that if this is undertaken you will see 
men from time to time dropping into the country 
post office and depositing their money where the 
postmaster has no facilities for caring for it, hav 
ing no safe or any other means of protecting de 
posits. . . . [They will do so] not for the pur 
pose of saving the money, not for the purpose of 
getting interest on it, but simply for the purpose 
of leaving it there for safe keeping until it is 
wanted.” 40 
These were the only arguments worthy of men 
tion advanced in the Sixty-third and Sixty-fourth 
Congresses, on either side of the broad question 
of raising the deposit limits. 
Limits on Deposits Raised in 1916 
As previously noted, the veto by President 
Wilson of the Postal Savings bill of 1913-14 
39 Ibid., April 28, 1914, p. 7360. 
40 Ibid., April 27, 1914, p. 7302.