Postal savings

Bibliographic data

Monograph

Identifikator:: 869930397

URN:: urn:nbn:de:zbw-retromon-49420

Document type:: Monograph

Author:: Kemmerer, Edwin Walter http://d-nb.info/gnd/101827717

Title:: Postal savings

Place of publication:: London

Publisher:: Humphrey Milford

Year of publication:: 1917

Scope:: 1 Online-Ressource (VIII, 176 Seiten)

Collection:: Economics Books

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

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter II - The postal savings bank act of 1910

Collection:: Economics Books

38 POSTAL SAVINGS master-General, the Secretary of the Treasury and the Attorney-General. On these trustees w'as conferred "power to make all necessary and proper regulations for the receipt, transmittal, custody, deposit, investment and repayment of the funds deposited at postal savings depository offices.” This board is somewhat similar to the Postal Savings Bank Investment Board of the Philippines. 1 The three officials are supposed to represent respectively three important aspects of postal savings bank work, administrative, finan cial and legal. The establishment of a postal savings bank in the United States was looked upon by many of its sponsors as an experiment, and it was the clear intention of Congress to give wide discretionary powers to the Board of Trus tees, so that they might feel their way carefully in extending and developing the system. 2 As it passed the Senate, the Carter bill contained no provision for a board with wide discretionary powers but placed the administration in the hands of the Postmaster-General. This likewise was the plan in the substitute bill recommended to the House by the minority of the Committee on Post Offices and Post Roads. 3 The minority 1 Kemmerer, The Philippine Postal Savings Bank, in An nals Amer. Acad., XXX, No. 1, p. 48. 2 Cf. House Report No. 1445, 61 Cong., 2 Sess., pp. 1-2.

Access restriction

Copyright

fullscreen: Postal savings

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation