Her Majesty's Mails

FOOTNOTES: [210] This examination is for third-class clerks only. Vacancies are filled up in the first and second classes from the third without any further examination. [211] Clerks in the Solicitor's Office are examined also in conveyancing, and in the general principles of equity and common law. [212] A Post-Office Mutual Guarantee Fund, suggested by Mr. Banning, the postmaster of Liverpool, is in active operation in London, and deserves mention. By means of this fund many officers of the Post-Office have been relieved from the necessity of providing personal securities, or of paying yearly sums to some guarantee office. Any clerk in London who may wish to join deposits the sum of 10s., and letter-carriers 5s. These deposits are invested in the name of trustees in Government securities. There are at present nearly 3,000 subscribers, with an invested capital of 900l. Last year there were no demands at all on the fund except payments to members leaving the service, who not only draw out their original deposits, but are entitled to receive back a proportionate amount of interest after defaults have been paid.