Fortschritt und Armut

Bibliographic data

Monograph

Identifikator:: 1027863817

URN:: urn:nbn:de:zbw-retromon-43741

Document type:: Monograph

Author:: George, Henry http://d-nb.info/gnd/118716948

Title:: Fortschritt und Armut

Edition:: Sechste, unveränderte Auflage

Place of publication:: Jena

Publisher:: Verlag von Gustav Fischer

Year of publication:: 1920

Scope:: 1 Online-Ressource (XII, 407 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Buch II. Bevölkerung und Unterhaltsmittel

Collection:: Economics Books

120 POSTAL SAVINGS portion in the various qualified banks. Post masters at non-banking offices now secure funds for meeting withdrawals of deposits by means of drafts on the postmasters to whom their remit tances have been made. Collateral Security The organic Postal Savings act of 1910 pro vided that the Board of Trustees should take from depository banks “such security in public bonds or other securities, supported by the tax ing power, as the board may prescribe, approve, and deem sufficient and necessary to insure the safety and prompt payment of such deposits on demand.” 22 Securities acceptable under this provision have been interpreted to be limited to the “general obligations” of the political division issuing them and payable “without restriction or limitation to a special fund from the proceeds of taxes levied upon all taxable real and personal property within the territorial limits of such po litical division.” 23 Shortly after the outbreak of 22 In the amendment of May 18, 1916, this provision was reenacted; but after the words “other securities” were in serted the words “authorized by act of Congress or.” This addition had reference to the agitation for authorizing postal savings funds to be invested in the securities of Federal land banks, the bill for the establishment of which was then before Congress. 23 Rulings of Board of Trustees, Nov. 18, 1913, as modi fied by rulings of Nov. 19, 1914.

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