Verkehrsgeographie der Eisenbahnen des europäischen Rußland

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Monograph

Identifikator:: 1013744764

URN:: urn:nbn:de:zbw-retromon-38565

Document type:: Monograph

Author:: Tuckermann, Walther http://d-nb.info/gnd/117434353

Title:: Verkehrsgeographie der Eisenbahnen des europäischen Rußland

Place of publication:: Essen

Publisher:: G. D. Baedeker, Verlagshandlung

Year of publication:: 1916

Scope:: 1 Online-Ressource (IV, 123 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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

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Document type:: Monograph

Structure type:: Chapter

Title:: 4. Die strategische Bedeutung der russischen Bahnen und die Eisenbahnpolitik in Polen. Zweigleisige Bahnen. Straßenbaupolitik

Collection:: Economics Books

130 POSTAL SAVINGS 130 shown that postal savings funds come largely from hoards and from accumulations that would otherwise be sent abroad by our foreign born. As previously noted, 87 per cent of the postal sav ings bonds purchased are in the registered form and presumably for permanent investment. All this seems to indicate that postal savings funds are more nearly capital funds than current busi ness funds. Yet our depository system puts the great bulk of them into commercial banks. Should the system not be changed so as to divert a larger part of these savings into savings banks where they will be feeders for society’s more per manent capital equipment? At the present time this question is particm larly opportune, for the evidence is strong that the next few years will witness a substantial in crease in interest rates. This increase will bear heavily upon our mutual savings banks whose assets in the form of long-time bonds and mort gages are likely to decline in value at just the time that the higher interest rates payable on securities will be attracting funds away from savings banks into fields that appear to be more remunerative; for example, small denomination bonds. A more liberal use of savings banks as depositories for postal savings funds would assist these worthy institutions to tide over a trouble-

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