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
He would endeavour to deal with all the questions of
interest allowed, surplus money, responsibility of trustees, and to
make the necessary restrictions towards carrying on the banks safely.
And leave was quickly given to proceed with the bill. Nothing
transpired in the passage of the bill through Parliament of much
moment: so little hold were questions of this nature supposed to have
on the public mind, that it is barely alluded to in the pages of
_Hansard_. It seems never to have occurred to the reporters of the
day, that posterity might wish for a detailed account of the steps by
which institutions, such as these we are considering, arrived at some
important position, and so important indeed as to make every step of
that progress interesting after the lapse of years. Two or three
little incidents have survived this neglect. _Mr. Lewis_, for example,
during the second reading of the bill, proposed a clause for
preventing the National Debt Commissioners from taking more than
20,000,000_l._ from the Savings Bank Trustees, and ordering that, when
that amount had been invested, the funds should be declared full. The
answer which Mr. Goulburn, the new Chancellor of the Exchequer, gave
to the hon. member was, that he "would take a day or two for
consideration, after which he should be able to say better whether
such a clause ought, or ought not, to be agreed to." Two or three days
before there had appeared in the _Times_ newspaper a well-written
lampoon on the new Ministry, over which, it will be remembered the
Duke of Wellington presided as Premier, and one verse ran--
"To rest from toil our Great Untaught,
And soothe the pangs his warlike brain
Must suffer when, _unused to thought_,
_It tries to think, and--tries in vain_."
Public-domain text, read in full here on John Shaqi.
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