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Postal savings

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Bibliographic data

fullscreen: Postal savings

Monograph

Identifikator:
1757028552
URN:
urn:nbn:de:zbw-retromon-135495
Document type:
Monograph
Title:
The agricultural output of England and Wales 1925
Place of publication:
London
Publisher:
Stat. Off.
Year of publication:
1927
Scope:
XV, 152 Seiten
graph. Darst., Kt.
Digitisation:
2021
Collection:
Economics Books
Usage license:
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Chapter X. Rent and the capital employed in agriculture
Collection:
Economics Books

Contents

Table of contents

  • Postal savings
  • Title page
  • Prefatory note
  • Contents
  • Chapter I - The movement for establishment of a postal savings system in the United States
  • Chapter II - The postal savings bank act of 1910
  • Chapter III - Administrative organization and selection of post offices for postal savings banks
  • Chapter IV - Depositors and deposits
  • Chapter V - Investment of postal savings funds
  • Chapter VI - Conclusion
  • Appendix A - The United States postal savings act and its amendments
  • Appendix B
  • Index

Full text

THE POSTAL SAVINGS BANK ACT 25 
exclusive of accumulated interest. It is obvious 
that these latter two restrictions were made for 
the purpose of confining the use of postal savings 
hanks to small savings and of preventing them 
from competing with other banks for the savings 
of well to do depositors. 
To encourage petty savings, particularly 
among children, postal savings stamps in de 
nominations of ten cents could be sold, which 
when pasted upon a card provided for the pur 
pose could be deposited in sums of one dollar. 
Instead of giving the card free, as is the custom 
|n most countries, and providing for the attach- 
ln g to it of adhesive stamps to the full amount, 
there was an interesting innovation in the ar 
rangement that the card was to be sold for ten 
cents and to require the attachment of only nine 
ten cent stamps to bring the value to a dollar. 
There was little that is noteworthy in the pro 
visions for withdrawing funds. A depositor 
might withdraw all or any part of his funds upon 
demand, “under such regulations as the Board of 
Trustees may prescribe. Withdrawals shall be 
paid from the deposits in the State or Territory, 
?° f ar as the postal funds on deposit [in banks] 
ln such State or Territory may be sufficient for 
the purpose, and, so far as practicable, from the
	        

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Postal Savings. Humphrey Milford, 1917.
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