Lab
Library
Journal
Shop
Sign in
to keep
Share image
1
435
Her Majesty's Mails
·
William Lewins
346
Sums
not
below
one
shilling,
and
amounts
not
exceeding
thirty
pounds
in
any
one
year,
may
be
deposited
in
these
banks;
depositors
will
not
be
put
to
any
expense
for
books,
postage,
&c.
and
the
rate
of
interest
to
be
allowed
will
be
2½
per
cent.--a
sum
which,
though
not
large,
is
all
which
it
is
found
the
Government
can
pay
without
loss.
It
is
not
thought
that
this
low
rate
of
interest
will
deter
the
classes
most
sought
after
from
investing
in
these
banks.
The
poorer
classes,
as
a
rule,
regard
the
question
of
a
safe
investment
as
a
more
important
one
than
that
of
profits,
and
wisely
think
far
more
of
their
earnings
being
safe
than
of
their
receiving
great
returns
for
them.
This
scheme,
last
and
best
of
all,
must
help
to
foster
independent
habits
among
the
working
population.
Their
dealings
with
the
post-office
banks
are
pure
matters
of
business,
and
no
obligation
of
any
sort
is
either
given
or
received.
The
existing
banks,
on
the
other
hand,
partake
largely
of
the
nature
of
a
charity.
An
objection
frequently
urged
against
savings'
banks
with
much
bitterness
is,
that
many
great
employers
of
labour
are
on
the
directorate
of
such
institutions,
and
that,
consequently,
they
are
able
to
exercise
an
oversight
over
their
characters
and
savings,
not
always
used
for
the
best
of
purposes.
In
the
Committee
of
Inquiry
to
which
we
have
already
alluded,
cases--designated
"rare,"
we
are
glad
to
add--were
adduced,
from
which
it
appeared
that
provident
workmen's
wages
had
been
reduced
by
their
employers,
upon
the
ground
of
their
being
already
well
enough
off.
No
such
considerations,
however,
can
affect
the
new
banks:
postmasters
are
forbidden
to
divulge
the
names
of
any
depositor,
or
any
of
the
amounts
which
he
or
she
may
have
placed
in
their
hands.[183]
The
advantages
of
these
banks
are
so
obvious,
and
the
arrangements
under
which
they
are
worked
are
of
such
a
simple
nature,
that
they
cannot
help
but
be
increasingly
useful
and
successful.
Moreover,
they
are
so
accessible,
that
the
working
man,
especially,
requires
nothing
but
the
will
to
do
that
which
his
everyday
experience
tells
him
is
so
necessary
should
be
done
for
the
comfort
of
his
family
and
home.
Marker
Marker
Fine marker
White-out
Fine white-out
Circle
Paint
Unmarker
Hand
Scalpel
Dice
Sieve
Purify
Undo
Redo
Start over
