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 IV - Depositors and deposits

Collection:: Economics Books

i 76 POSTAL SAVINGS ings system in the United States, the debate over the advisability of such a system, as we have seen, has centred largely in the question of the sources from which postal savings deposits would be derived. Bankers almost unanimously opposed postal savings banks, chiefly because they feared that the funds for postal savings deposits would be withdrawn or diverted from the banks. The pro ponents of postal savings, on the other hand, claimed that the funds would come chiefly from hoards, from increased savings and from the de posit of funds which otherwise would be sent by the foreign born to the banks of Europe. Obvi ously it is impossible to describe in any quanti tative way the sources from which the deposits have come. That is a topic of information which postal savings bank depositors—a proverbially distrustful class—naturally guard jealously. Such information as we have on the subject comes chiefly from the direct observations of post masters and others actively engaged in the ad ministration of the postal savings system, and from the testimony of bankers themselves as to the competition which they have experienced from postal savings banks. In the first place it may be said that there is no evidence whatever that the postal savings sys-

Access restriction

Copyright

fullscreen: Postal savings

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation