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Postal savings

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fullscreen: Postal savings

Multivolume work

Identifikator:
1896933912
Document type:
Multivolume work
Author:
Keith, Arthur Berriedale http://d-nb.info/gnd/119086794
Title:
Responsible government in the Dominions
Place of publication:
Oxford
Publisher:
Clarendon Press
Year of publication:
1912-
Collection:
Economics Books
Usage license:
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Volume

Identifikator:
1896935052
URN:
urn:nbn:de:zbw-retromon-238139
Document type:
Volume
Author:
Keith, Arthur Berriedale http://d-nb.info/gnd/119086794
Title:
Responsible government in the Dominions
Volume count:
Vol. 2
Place of publication:
Oxford
Publisher:
Clarendon Pr.
Year of publication:
1912
Scope:
XI Seiten, Seiten 570-1100
Digitisation:
2022
Collection:
Economics Books
Usage license:
Get license information via the feedback formular.

Chapter

Document type:
Multivolume work
Structure type:
Chapter
Title:
Part IV. The federations and the union // Chapter II. The commonwealth of Australia
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

DEPOSITORS AND DEPOSITS 
101 
of irony in the following quotation from the 1914 
annual report of the Third Assistant Postmaster- 
General: “Interest on deposits [of postal sav 
ings funds] in banks is computed on the basis of 
average daily balances. . . . Interest on postal 
savings certificates is computed on the basis of 
deposits which have remained for one or more 
full years from the first day of the month fol 
lowing the month in which the deposits were 
made.” 46 
Furthermore, it has been ruled that a depositor 
who moves away from the town or city in which 
his postal savings account is held cannot transfer 
his account to his new place of residence, before 
the end of his “deposit year,” without forfeiting 
his accumulated interest. He can make the 
transfer only by closing his old account, and 
opening an entirely new one at his new place of 
residence. 47 
46 Report, p. 6. 
47 Third Assistant Postmaster-General Dockery, in a let 
ter to the writer on this subject, dated February 12, 1917, 
said:“. . . . I have to inform you that no provision is made 
in the postal savings regulations for the transfer of accounts 
between depository offices. Provision is made, however, for 
the transfer of accounts between stations of a depository 
post office, or between a station and the main office. If a 
depositor removes to a distant locality, he is not compelled 
to transfer his account for he may make deposits and with 
drawals by mail for such time as suits his pleasure. It is 
not necessary, therefore, that he should forfeit accumulated
	        

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