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
"I have endeavoured to prove that Parliament by
legislation is seriously compromised and responsible for
the present state of things, and is bound to do what it
believes to be best to mitigate the evils of that state of
things. I have endeavoured to show that the plan which I
propose, if it does compete with sound institutions, must
so compete with them at a disadvantage from the essential
conditions under which it is right and proper we must
work. I have endeavoured to show that the wide field of
the labouring classes is not occupied by sound
institutions--nay, that it is not fully occupied even by
sound and unsound institutions, such is the enormous
breadth of the subject. I have shown, I think, that the
present condition of many of these Friendly
Societies--indeed, I might go further, and, speaking
generally, might say that the present condition of these
Societies is more or less unsatisfactory. Some of them we
cannot call merely unsatisfactory, but must term them
either rotten or fraudulent. It is impossible for the
State to assume the direction and regulation of these
Societies so as to secure in the management of their
affairs a safe method of assurance; and what we propose
is, I believe, the most prudent, the safest, and the most
satisfactory mode of proceeding that can be adopted. I
make my appeal not to any one class, or to any party. I
forget that I am a member of the Government, except so far
as regards my responsibility as such. I recollect the
sacred trust we have in hand, and I entreat honourable
members to keep in view the serious nature of that trust,
the importance of the object, and the consequences
involved; and I am certain they will not be prevented by
any sentiment of political or party feeling, or of
hostility to the Government, from giving their careful
consideration to this question, and from determining in
their own minds and hearts how the British Legislature can
best acquit itself of this important part of its
obligations to the mass of the British people."
Public-domain text, read in full here on John Shaqi.
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