Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1884-03-29

NN'NWtstdUNt" NuitAit lff toiAuli-nWtul, N
the neat future. in the United state, oCa pos.
tai sayings SYSTEMS therefore some inter.
est will probably attach to the figure, present
cd in the recently issued report ofthe English
postmaster genctal II appear, that not only
has each succeeding year OF the twenty two
thai have elapsed since the savings bank was
inauguiaied shown decided increase in the
volume ct business, hut that the system is
rapidly becoming al' mi universal. A. nations
one by one are beginning To appreciate lis
great merit q, an Encouragement, to thun and
industry. Not only Is j, desirable in place
every incentive towards saving before indiyi.
iuah of a nation lor their own sake, hut also
int .hc ultimate benefit uf the nation itself.
the gain is immediate and direct Il isuniver
,1lll admitted that the wonderful and unprecr.
dentoi recovery Of the French nation from r.,
financial war cmhauas,mcnts was due mostly
e. the number Iud amuun, TT the small hoard.
ing' OF the small farmers and peasants. whose
depository wa, some dark corner of the cottage.
a constant source Of anxiety and productive OF
no interest lut the French Government. has
IN the last Two years, provided secure place OF
deposit by establishing postal bank; so also
has Austria, whose Emperor made the first dc.
poSlt on the first day OF last year The Ne.
therlands, Italy, Canada and portions OF Aus.
.raln are maintaining he system: while Swe.
den. Switzerland. and some Of the British col.
onir, are making inquiries with view to its
adoption,
In the English system the requirement. are
surprisingly few and simple, and the checks to
fraud secure and eHecual. Deposits OF one
shilling are received, the limit being L;oper
year, OF EISo altogether from one depositor.
single pcnnie, may he saved by purchasing
stamps With them, the stamps being then afiiS.
ed to prescribed form, and paid in Us a ,hil-
ling deposit when twelve are accumulated.
Each deposlror gets book in which deposits
are credited; besides which he receives in due
coutse through the mail a receipt from the
head office at London for each amount. In.
tercs, is allowed at the rate Of two and half
per cent. and is credited each year, on the an.
niversary Of the hr>t deposit, in the depositor's
book, which Is supposed to he forwarded at
that time to London for the purpose. The
books, as well as all matters pertaining to the
savings bank department, travel postage free
and are mailed unstamped.
1t is further provided that il depositor +, ac.
count foot up certain amount, he may, il he
sirqs, transfer it into government, stock. Should
a depositor make application for this transfer,
he is charged with the market price of the stock
and a commission and Certificate OF invest.
ment Is sent him
Withdrawals are easily effected, and depos
its can he taken on, with bu, little delay at any
po>i'ofhce desired ; the only step necessary be.
ing to procure 4 warrant from the head office
At London, which will be cashed on presenta
ton with the paSs.book a, the designated post
office. 1t is provided by law that the author
controlling charitable" and ''provident" socie-
ties and penny banks may, on filing copy
of their rules, be allowed to deposi, consider
ably beyond the usual limit or even under GER
tain circumstances without restriction as to
amount. Under this law authority was given
last year to 1888 societies TO deposit their
funds in the savings bank. and n similar per
mission was accorded to aS3 penny hanks, 1871
OF which were in schools, where direct effort is
made by means of circulars. suggestions from
teachers, etc, to encourage habits Of saving
and Seli-denial. In London alone, in the wear
1881, ;he sum of kI,4Io was deposited 10y
some 1880 depnsiiors in the London Board.
School penny banks.
But this fatherly care manifested by school
boards in the savings Of their ilocLs is eoualed
by the government in its endeavors to encour.
age laborers to Thrift, and the result is seen in
practice which, though most excellent in
itself, could only exist amongs, the "pa,ernal"
governments of Europe. 1t would Justly be
considered by the American laborer an unwar.
raniable interference were the nearest post.
office 10 send clerk to stand at his side on
payday and encourage him to make deposit
then and there in the postal savings bank vet
such practice has been pursued in England FOR
years and with success.
The total amount deposited in the postal sa.
wings hank exclusive Of government stock on
the SIs, December, 1852, was nearly
E39,oS7, Sal, an increase Of over the previous
years deposits Of nearly three million sterling,
the larges, annual progress ever made The
amoani OF interest credited to depositers was
ESoi,6ae. The average amount Of each was
Ea,and of each withdrawal Is S. The daily
average Of deposits was 20, as5 in number and
E4l,i7S in amount; and OF Withdrawals 6,,7s
in number, and LS4,II6 in amount The
greatest number Of deposits made on one day
was ~, sos, and the larges, amour, was GrI3,.
Sa9. There were 7ss, SIS accounts opened du-
rug the year, and 5S7,4el closed, leaving. on
December 81, 1882, ASSOC open accounts
= t'Rifsd States ConSniar RetO,ES.
Il don't sec as this butter we get from the
crematoy is much better than cows butter, ("
snd Mrs. Vancouver one morning at the blesk
fast table. What calculated Mr.. Van
cover, eNcite,lly. ~ say don't think the
crematory butter is bit better than any other"
"Aly dear" replied Mr.. Vancouver, trying to
calm himSeln do you know what crematory
iss" mo, not unless it is where they make
oleomargarine, swell, my love, will in
form YOU. cTematoy is place where dead
bodies 30, gmeionsn "a place where
dead bodies are burned to ashes, and the ashes
carrie home in a jar and stored away among
the family archives You are thinking OF a
pickle creamery, darling, bat don't for heavens
sake eve' get on the subject again in The
presence OF any of our friends. Don't do it,
TOT my sake, will you, loye'' And he said
,he would be eternally cremated il she would
--Tsras Syfinsg.
The hrs, Nihilsi societies were formed by
Russian students about the year 1880, and the