Political Quotes

On the record
I believe them to be necessary in order to offer a proper inducement to thrift and saving to a great many people of small means who do not now have banking facilities, and to whom such a system would offer an opportunity for the accumulation of capital.
Said by
Bill Taft
Republican · Ohio

Editor's note · Context

Taft argues that postal savings banks are essential for encouraging saving among people of modest means.

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