THE POSTAL SAVINGS BANK ACT 23 
asserted that the creation of a board of trustees 
was unnecessary, that it complicated the admin 
istration, and that the board as created was given 
too much power, particularly in the selecting of 
post offices to be postal savings banks. 
The desire to give wide discretionary power to 
the administration, which was the motive of the 
change from a single head to a board of trustees, 
found expression in the provision for opening 
postal savings banks. 4 As the bill came from the 
Senate to the House it provided for the estab 
lishment at once of postal savings banks in all 
first, second and third class post offices; while 
the bill as it passed the House and finally became 
law merely authorized the Board of Trustees “to 
designate such post offices as it may select to be 
postal savings depository offices.” On this point 
the bill met vigorous opposition. It was urged 
1 he postal savings laws and the official administrative 
orders, regulations, announcements, etc., with few excep 
tions, avoid the use of the term “bank” in referring to the 
post offices which receive postal savings deposits. A post 
office which receives such deposits is usually called a postal 
savings depository, or a postal savings depository office, and 
a bank receiving postal savings funds on deposit from the 
postal savings system is known as a depository of postal 
savings funds. Fortunately the public need not follow 
ese circumlocutions. In this volume a post office receiv- 
deposits will be called a postal savings bank, and a 
anking institution receiving postal savings funds will be 
Ca lled a depository bank.