Under an amendment of 1912. I believe. that matter is now entirely in the hands of the Postmaster General. I understand that since the last report of the Postmaster General a number of offices have been discontinued. it appearing that in certain localities where people had confidence in the banks. whether State or national or private. where the population was made up of citizens of this country who had confidence in the banks. it was perfectly useless and a waste of time and energy to undertake to operate the postal savings banks there. but there are certain other great localities in this country. where the population is largely foreign born and where little faith is placed in a bank. whether national or State. but they are willing to trust the Government. I rather suppose that comes about because of the fact that the countries from which they came have a system similar to .our Postal Savings Bank System. Remarks were submitted to the effect that there was no unlimited amount allowed in any country. but there is no limit on the amount which may be deposited in New Zealand. or in Italy. or in Belgium. or in the Netherlands. or in Sweden. countries from which our foreignborn population comes.
Identified stereotypes
Foreign-born people are more likely to trust the government than banks.