The Position of the Post Office Savings Bank and How to Deal With Its Deficit of £11, 000, 000 (Classic Reprint)

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Excerpt from The Position of the Post Office Savings Bank and How to Deal With Its Deficit of £11, 000, 000 Built upon them, or undertook to cultivate them, as very little Of the land of England is at this day cultivated. Here would have been a fruitful and improving security, capable Of yielding the Bank 3 per cent. And upwards upon the money invested, and safer far than any mere Government Stock can ever be. Is it of the nature of an Utopian dream to suggest that some such channel might even at this late day be Opened up and the Post Office Savings Bank given the Opportunity to recoup for the nation some portion Of the losses now coverable only by additional issues of debt, the most barren and hopeless mode of filling up deficits the ingenuity Of man could hit upon? The suggestion, at any rate, seems worth making for the benefit of those who may have the will and the power to initiate reforms. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.