Die nach dem Invaliditäts- und Altersversicherungsgesetze versicherten Personen

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Monograph

Identifikator:: 83532351X

URN:: urn:nbn:de:zbw-retromon-26252

Document type:: Monograph

Author:: Gebhard, Hermann

Title:: Die nach dem Invaliditäts- und Altersversicherungsgesetze versicherten Personen

Place of publication:: Berlin

Publisher:: Heymann

Year of publication:: 1893

Scope:: 1 Online-Ressource (X, 328 S.)

Collection:: Economics Books

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90 POSTAL SAVINGS 000,000 in postal savings deposits had been turned away because of the $500 limit. "Sums as large as $25,000,” said he, "have been brought to us in old tea kettles, stockings, and what not else in the way of queer receptacles, and when we had to refuse to receive more than $500 it went back into the nooks and corners, cellars, and un derground, where it came from.” 29 Third As sistant Postmaster-General Dockery told the writer that it was the testimony of postmasters throughout the country, over and over again, that if a foreigner could not deposit his entire savings at once he commonly refused to deposit any. 30 3. A third argument related to the expenses of administering the system. During the first two years the postal savings system was run at a heavy loss to the Government—a loss computed at about $1,000,000 down to December, 1913 ; 31 but since that time the records of the system have shown a net profit for each year. The Post Of fice Department took the position that if the limitations on deposits could be removed or greatly lightened, and particularly if non-interest bearing deposits could be authorized, the deposits 29 Quoted in the New York Evening Post, Feb. 18, 1913. 30 Cf. on this subject The U. S. Post. Savs. Sys., pp. 41-51. 81 Cong. Rec., Dec. 15, 1913, p. 923.

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