sue such a course in a department of the Government which reaches and interests so much all classes of the people. The popular interest in its being well managed would be greatly increased if large numbers of the people were in the habit of intrusting their small savings to it for safe-keeping. The new duties and responsibilities would make the demand for the appointment of honest and capable officials even greater than it is at present, and would, therefore, promote the cause of civil-service reform. The additions to our civil-service list required by reason of such an addition to the functions of the Government would be comparatively few. The Post-Office Department, by means of money-orders and postal-notes, now transmits large amounts of money from office to office. Postmasters and clerks are, therefore, in the habit of receiving and paying out many small sums of money, of keeping detailed accounts, and of making frequent reports. No very great modification of the machinery now in use would be needed for conducting a system of savings depositories in connection with the money-order offices. Occasionally a little more office-room, and another clerk or two, would be needed, but the additions would be comparatively insignificant. The new business would require the same sort of talent and skill as that needed for the issue and payment of moneyorders and postal-notes. We might afford to run the risk of whatever danger may come from such an enlargement of the functions and patronage of the Government if postal savings-banks would really prove a great boon to the masses of our people.
Post-office savings-banks would probably not seriously interfere with private banking institutions unless a very high rate of interest were paid and large sums were taken from single depositors. While occasionally deposits would be withdrawn from the ordinary banks and left with the Government, it would probably happen more frequently that poor people who now have no bank accounts would be induced to save some of their earnings, and would in time become capitalists and patrons of national or private banks. In 1873 Mr. Creswell strongly urged that a system of postal savings depositories would not only strengthen our national finances, by bringing large sums into circulation, but would indirectly afford our monetary and banking institutions "the very relief" of "which they stood in need."
It goes without saying that many American working-men are frugal and save considerable portions of their earnings. Evidences of their economy and thrift are seen in the large numbers of capitalists who began life as laborers, and in the thousands of comfortable workingmen's homes which the owners have built or bought with their savings. It is evident, however, that great numbers who might live comfortably, and at the same time save enough to make them independent in sickness or old age, and to give their children a fair start in life, spend all their earnings, and are never far from want. The average American laborer is apt to be too generous and open-handed, spending his hard
