A History of Banks for Savings in Great Britain and IrelandLewins, William
History
A History of Banks for Savings in Great Britain and Ireland
Lewins, William
Postal savings banks -- Great Britain; Savings banks -- Great Britain
The frauds above described have, of course, formed the principal
cases,--cases which from their flagrancy and extent have either been
made the subject of parliamentary investigation, or have so occupied
the attention of the press as to have become grave subjects of public
discussion. Besides those leading cases, there have been, as we have
before hinted, a certain number that have been concealed from the
public from motives which, though they may have been open to question,
we cannot characterise as wholly bad or unwise. From two Returns
issued at different times on motions made in the House of Commons, we
are enabled to compile a complete list of those frauds that have been
officially reported to the National Debt Office. The first Return
embraces the period between 1844 and 1852, and the second, 1852 to
1857. The numerous frauds of which we have already spoken, or to which
we have referred, occurring before 1844, and the important ones
perpetrated since 1857, are not included in the following list. The
gross amount of loss would have been considerably swelled had a
perfect list been possible. As it is, the following table gives the
name of the Bank, the amount of the Fraud, and the amount of the Loss
to depositors, so far as it can be correctly ascertained:--
+----------------------+--------------+----------------+------------+
| Name of Bank. | Total | Defaulters. | Depositors |
| | Defalcations.| | Loss. |
+----------------------+--------------+----------------+------------+
| _England._ | £ | | £ |
|Bradford, Wilts | 400 | Actuary | -- |
|Bromley | 932 | Actuary | -- |
|Dunmow | 16 | -- | -- |
|Highgate | 700 | Secretary | -- |
|Newport, Isle of Wight| 8,156 | Secretary | 7,850 |
|Leicester | 689 |{Clerk employed}| -- |
| | |{ by Secretary.}| |
|Mitcham | 10,000 | Actuary | -- |
|Newtown | 180 | -- | 180 |
|Ongar | 497 | Actuary | -- |
|Poole | 6,221 | Secretary | 5,663 |
|Reeth | 230 | -- | 147 |
|Rochdale | 71,715 | Actuary | 37,433 |
|Rugby | 1,438 | Secretary | -- |
|Runcorn | 98 | Actuary | -- |
|St. Helen's | 12,932 | Secretary | 6,680 |
|Southport | 200 | Actuary | -- |
|Spilsby | 3,213 | Actuary | 2,436 |
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