Triumphs of Invention and Discovery in Art and ScienceFyfe, J. Hamilton (James Hamilton)
History
Triumphs of Invention and Discovery in Art and Science
Fyfe, J. Hamilton (James Hamilton)
Inventions -- History; Inventors; Technology -- England -- 19th century
Nor have the advantages derived from the post office by the great body
of the public ended here. It has shown itself the most progressive
department of the government, and has undertaken many benevolent
branches of work which were never contemplated by Sir Rowland Hill. Thus
it carries on an extensive savings-bank system, worked out by Mr. Frank
Ives Scudamore, adopted by Mr. Gladstone when Chancellor of the
Exchequer, and established by Act of Parliament in 1861. This valuable
department, whose operations are now of a very extensive character,
keeps a separate account for every depositor, acknowledges the receipt,
and, on the requisite notice being furnished, sends out warrants
authorizing post-masters to pay such sums as depositors may wish to
withdraw. The deposits are handed over to the Commissioners for the
reduction of the National Debt, and repaid to the depositors through the
post office. The rate of interest payable to depositors is two and a
half per cent. Each depositor has his savings-bank book, which is sent
to him yearly for examination, and the increasing interest calculated
and allowed.
The post office now acts, too, as a life-insurance society, offering
advantages to the operative which no other society can offer, and which
the public are beginning to appreciate.
In 1869 the entire telegraphic system of the United Kingdom passed into
the hands of the post office, whose administrators have shown themselves
anxious to offer increased facilities to the public for the transaction
of business. The number of telegraphic stations has been greatly
increased, and the rate reduced at which messages are flashed from one
part of the island to the other.
Finally, a recent innovation, made entirely in the interest of the
public weal, is the introduction of _Halfpenny Post Cards_. On one side
of these missives the sender writes the name and address of his
correspondent; on the other, the communication intended for him. The
card already bears a halfpenny stamp impressed, and nothing more remains
to be done but to deposit it in the nearest office or pillar-post. We
think, then, it may fairly be said that the post office has shown itself
anxious to "keep abreast" with the ever-increasing wants of the
commercial classes of Great Britain.
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Public-domain text, read in full here on John Shaqi.
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