entering Her Majesty’s service.’ The trustee protested to us, and we objected to pay the Society’s money without his signature to the order. Thereupon ‘the Painters and Glaziers’ caused the case to be referred, and the barrister awarded that the funds should not be transferred or withdrawn without the trustee’s consent.” From the same quarter we ascertained, in reference to unclaimed money, a remarkable circumstance. The amount of unclaimed deposits in the St. Martin’s Place Bank has of late decreased instead of increased. In 1842 the Bank held 10,800_l._, which had been unclaimed for seven years. In 1849, although its business had so amazingly augmented, the amount which had remained unclaimed for seven years was 9898_l._ or nearly 1000_l._ less. This is accounted for by the great pains taken to trace and summon the depositors and their representatives. It certainly is remarkable that out of transactions to the extent of more than eight and a half millions of money, only 9900_l._ should remain unclaimed. From what we have stated on this subject it will be seen that although Savings’ Banks are not on a satisfactory footing as between the Government and depositors, or as between the latter and the local managers; yet, on the whole, the system is so well contrived, that no good reason has lately been revealed for the public to withdraw their confidence from them. The cure of the more glaring defects is now under the consideration of Government, and this paper will be best concluded by a sketch of the proposed remedy. The bill introduced by the Chancellor of the Exchequer deals with all the defects we have pointed out: perhaps it introduces some new ones, but these it will be purged of probably in Committee. One of the chief evils is that exemption from liability which was extended to trustees in 1844: and it is proposed, for wilful or neglectful losses, to restore this liability. These officers are now unpaid; and it is proposed to pay them, Government being responsible for their acts, and having the privilege of appointing. To prevent fraud, occasioned by the treasurer or actuary receiving monies at his own house, it is intended that the treasurer alone shall receive money, and that he shall attend at certain stated times for that purpose. A local banker is to fill the office, who will not be wholly unremunerated. For any other person than the treasurer to receive money as a savings’ bank deposit, will be a misdemeanour. Daily accounts are to be rendered to the Commissioners of the National Debt; and those Commissioners will appoint auditors, who shall exercise a constant revision of the accounts, subject to supervision by special inspectors despatched at discretion. These arrangements will necessarily entail greater expence, and to meet it, the rate of interest allowed to depositors, is to be reduced to 2_l._ 15_s._, and deposits limited to 100_l._ Above that amount, Government will either hold the money without