Postal savings

Bibliographic data

Monograph

Identifikator:: 1737995603

URN:: urn:nbn:de:zbw-retromon-113493

Document type:: Monograph

Author:: Gide, Charles http://d-nb.info/gnd/117543985

Title:: Principes d'économie politique

Edition:: 25 éd.

Place of publication:: Paris

Publisher:: Sirey

Year of publication:: 1926

Scope:: IV, 702 Seiten

Digitisation:: 2020

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Livre II. La circulation

Collection:: Economics Books

116 POSTAL SAVINGS vetoed and in the veto message. This amend ment, which is the present law, provides that “if one or more member banks of the Federal reserve system . . . exists in the city, town, vil lage, or locality where the postal savings deposits are made, such deposits shall be placed in such qualified member banks substantially in propor tion to the capital and surplus of each such bank, but if such member banks fail to qualify to re ceive such deposits, then any other bank located therein may . . . qualify and receive the same.” 17 In this connection it is interesting to note that the proportion of the depositories which were national banks was not very much greater on June 30, 1916, than on June 30, 1914, before the Federal Reserve act went into effect, the respec tive percentages being 63 and 54. The first two years experience with depository banks taught some lessons which in the reorgani zation of 1913 led to certain administrative changes. The most important of these were the abolishment of the cumbersome system of “emergency credits” and the creation of a more efficient method of handling “out of town ac counts.” 17 The law as thus amended (sec. 2) has been interpreted by the counsel of the Federal Reserve Board. See Federal Reserve Bulletin, July 1, 1916, pp. 331-332.

Access restriction

Copyright

Full text: Postal savings

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation