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1
435
Her Majesty's Mails
·
William Lewins
247
To
these
six
principal
departments
may
now
be
added
that
for
the
management
of
the
new
Post-Office
Savings'
Banks.
Like
the
Money-order
Office,
it
occupies
a
separate
building,
in
St.
Paul's
Churchyard.
The
Savings'
Bank
Department
keeps
a
personal
account
with
every
depositor.
It
acknowledges
the
receipt
of
every
single
deposit,
and
upon
the
requisite
notice
being
furnished
to
the
office,
it
sends
out
warrants
authorizing
postmasters
to
pay
withdrawals.
Each
year
the
savings'
bank-book
of
each
depositor
is
sent
here
for
examination,
and
at
the
same
time
the
interest
accruing
is
calculated
and
allowed.
The
correspondence
with
postmasters
and
the
public
on
any
subject
connected
with
the
banks
in
question
is
managed
entirely
by
this
department.
The
already-existing
machinery
of
the
Post-Office
has
been
freely
called
into
operation,
and
the
business
of
the
new
banks
has
increased
the
work
of
almost
all
the
other
branches,
especially
those
of
the
Receiver
and
Accountant-General's
and
the
Money-order
Offices.
Through
the
former
all
the
investments
are
received,
and
all
remittances
to
postmasters
for
the
repayment
of
deposits
are
made;
while
the
surplus
revenue
goes
from
that
office
direct
to
that
of
the
Commissioners
for
the
Reduction
of
the
National
Debt.
Again,
and
as
another
instance
of
our
meaning,
the
Money-order
Office
is
required
to
undertake
the
examination
of
the
general
savings'
bank
account
of
each
provincial
postmaster.
The
staff
of
the
Savings'
Bank
Office
in
London
is
not
yet
complete,
nor
will
it
be
until
the
complete
effect
of
the
new
on
the
old
savings'
bank
system
be
seen.[146]
At
present,
it
comprises
a
controller,
an
assistant-controller,
a
principal
clerk,
ten
first-class
clerks
(four
of
upper
and
six
of
lower
section),
fifteen
second-class
clerks,
with
a
number
of
third-class
clerks,
and
six
messengers.
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