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

30 POSTAL SAVINGS pense by local postmasters. A high degree of centralization in such matters is much more diffi cult in a country of great distances like the United States than in a country like England. Even in England, moreover, the extreme central ization of the postal savings bank system is break ing down. Since 1905 it has been possible in England to withdraw on demand from the local office sums not exceeding one pound. 12 The second controversial question with refer ence to deposits and withdrawals, which is closely related to the first, was the question of the form in which the depositor’s account should be kept— whether by pass book or by some kind of certifi cate of deposit. In all other countries, so far as the writer knows, the depositor’s account is evi denced to him in the form of a pass book, in which debits and credits are entered and balances struck. This method was proposed for adoption in the majority of the postal savings bank schemes which received the serious attention of Congress. It was proposed in the hill which be came law, as this hill originally passed the Senate. The other plan, that of evidencing the account by some sort of certificate of deposit, was urged for the United States on the ground that it would be simpler, easier and more economical of admin- 12 Sen. Doc. No. 658, 61 Cong., 3 Sess., p. 25.

Access restriction

Copyright

fullscreen: Postal savings

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation