Postal savings

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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

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter III - Administrative organization and selection of post offices for postal savings banks

Collection:: Economics Books

50 CHAPTER III Administrative Organization and Selec tion of Post Offices for Postal Savings Banks Since the opening for business of the first pos tal savings banks, on January 3, 1911, there have been numerous changes in the central adminis trative organization at Washington, the more im portant of which are deserving of note. A few months experience with the new system showed that much delay was occasioned by the inability of the three members of the Board of Trustees to get together promptly when needed. According ly the Post Office Department Appropriation act of March 4, 1911 1 amended the postal savings law by giving to the Postmaster-General full authority with reference to the designation of postal savings banks, the making of rules con cerning the deposit and withdrawal of funds, and some other matters originally entrusted to the Board of Trustees as a whole. The invest ment and control of postal savings deposits con tinued to be intrusted to the board. 1 Sec. 5.

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