The rate of interest for savings deposits is to be fixed at 3 per cent per annum. The rate of interest can only be altered by legislation. [S] _According to the altered form of the law of November 19^{th} 1887._ The earlier form of Article 13 ran thus: The repayment of the balance in favour of a depositor, or any part of it, to him or to his legal heir or authorised agent, will take place upon a notice which can be made by the party giving it, at the receiving office (post office) which he names in the notice. The repayment is to be made through the receiving office (Post Office) named in the notice on the production of the deposit-book on the basis of an assignment by the Post Office Savings Bank, except the payment is, according to Article 14, barred by proceedings having been instituted, or according to Articles 6 and 17 by a protest having been made. When such notice has been received with reference to sums up to 10 florins, the assignment will be sent by return of post by the Post Office Savings Bank and the payment back will be made by the receiving office (Post Office) immediately after its arrival. The repayment of sums between 10 and 100 florins will be made in a fortnight at the latest, that of sums between 100 and 500 florins in a month at the latest, that of sums above 500 florins at the latest within two months after the arrival of the notice. PROPOSED LAW DEALING WITH THE ORGANISATION OF A Service of Cheques and Clearing of Accounts in the General Savings Bank laid before the Chamber of Representatives of Belgium at the sitting of Nov. 20^{th} 1896 EXPLANATIONS[T] GENTLEMEN, The proposed law laid before the Chamber of Representatives, proposes to attach to our General Savings Bank, a service of which the great importance, the remarkable stability and singular capacity for development, has been proved by a trial conducted with vigilant carefulness during thirteen years in Austria and five in Hungary. In fact the chief part of the unfolding of a project of this kind consists in the setting forth of the results of foreign experience. * * * * * (This part of the explanation relating to Austrian experience is a summary of the preceding article, to which we refer our readers.) * * * * * Returning now to Belgium we cannot fail to recognise first of all that the institution of the General Savings Bank by the Act of March 16^{th} 1865, is one of the important events of our economic evolution. History will justly connect the name of Frère-Orban with a work so perfectly balanced and bearing the imprint of a real constructive genius.