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
[122] An estimable sect of Christians, they are not better known
for the zeal with which they contrive to amass and keep in their
immediate circle vast stores of wealth, than for the uprightness
and conscientiousness they generally display in the conduct of
their business. The transactions of Haworth, and another of their
black sheep who about the same time committed, or attempted to
commit murder, whilst assuming their character, is described to us
as having spread consternation and dismay through their ranks. The
way in which the Society of Friends has, as a body, taken up the
management of Savings Banks is most commendable.
[123] A great part of our information relative to the Rochdale
bank fraud is gathered from the evidence of Mr. Edward Taylor, a
worthy and intelligent tradesman of Rochdale, who was examined
before the Committee of 1858 in reference to the transactions in
question; and no one is better able to speak of them.
[124] So prevalent was this impression, that for several weeks
17_s._ 6_d._ in the pound was freely offered for Savings Bank
books in Rochdale.
[125] Evidence of Mr. Hatton, actuary of the Brighton Savings
Bank.
[126] It almost passes the bounds of credibility, and yet it
cannot be denied, that in two separate banks, where the accounts
were thus overhauled, items of money to a large amount were
repeatedly found entered in the books with nothing but a pencil!
[127] _Times_, January 17, 1862.
[128] _Midland Counties Express_, March 16, 1862.
[129] Report of the depositors' meeting, _Birmingham Daily Post_,
January 16, 1862.
[130] Or, as it was far better illustrated at the time, "It is not
enough to bring a man who has been tossed about in an unseaworthy
bark within sight of _terra firma_. We must heave him a rope, or,
if possible, run out a plank between the quay and his crazy ship's
side, on which he may safely walk across."
[131] No attempt is here made to catalogue and describe frauds not
occurring in Savings Banks proper: a chapter itself might be
written on banks for the people established and carried on under a
system of complete deception and villany. Nor have we entered into
the case of frauds in Penny Banks, such as the unfortunate case at
Birmingham.
[132] Of the Rochdale depositors, for example, 1,245 were women,
722 unmarried factory operatives, 292 married, and 231 young
girls; there were besides, 953 miners, 539 labourers, and 191
members of sick clubs.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account