Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1908-04-30

each have an-account. A numbered |
pass book is given him with his deposit |
credited therein, attested by the post
master employee who receives the |
deposit. and the Official postmark. The |
cover bears his name, address and the |
number of the account. Lucid instruct |
Ions for the depositors protection are |
printed In the pass book That the pass !
book should be kept in the personal GUS
today of the owner ana under no cir |
cumstances intrusted to u postmaster ds |
stated carefully. Postmasrers enter the |
particulars of deposits on a detachable |
report, which Is sent to the department |
| at the close Of each days business. The
stub Is also filled up with the essential
facts In the report. The aggregate saw
ings deposits also appears in the general
cash account, which is sent daily to the
| accountant for the post Office department. |
Aside from the stubs no record of deposits
! Is kept In post office. Stubs are sent
| to the department when book of forms
| has been used. The policy ot the post
master general is to allow postmasters
no more Information about savings ac-
counts than is actually necessary Hardly
| the time of one clerk Is required on this
| branch of the service in the very largest
office no appreciable Increase of work is
| entailed.
| That savings business Is handed safe
| ~ is best attested by the fact that in
| thlrty-nine years s465, 050241, have been
| received and dsbursed, involving 7,029, 672
| transactions, with a loss to the govern
ment of not more than $4,000. Not dol
| lar has been lost on account of forgery
| or wrong payment, and no depositor has
| suffered, even though the loss occurred
| through his gross discharge of rcgula>
tons. The dishonesty OF postal employees
| is not reporting deposits. and the failure
| Of ignorant or careless depositors to for
ward their pass books for veriflcaton,
made the discrepancies possible In the
last eight years but one loss has occur
| red. and that resulted from the theft
of an assistant postmaster, who acted as
agent for an ignorant depositor and re-
talned possession Of his pass book con-
trary to the regulations. There has been
but one instance of check raising" and
that was for 81 only. The offender was
quickly located and convicted. Aside
| from n few large city post Offices that are
especially appropriated for by Parlia-
ment postmasters are allowed a COM
mission of q 1-2 cents on each 800 re-
ceived for deposit at their offices.
nc f0''"' 40 va
Conh' .I', ','"'''e'' NV
| iesls'''''" o. '"'H Noa''" " '.0
! N"ncis WIN ope.. '" way io' '
''at pooN' ho unit VI 0o''''ic'' 10 '''h'
heNt seSS'on WIN see '.'o e"> '"s' >! ''C'i
iiauE u"r,o"' lie SUBJECT Is not ne" III '''e
."''cu "'"'cS' SUN ''S''.u''o.s WIZ
ieco"'iiie'ucu y! Us ~
- h,, b,rt
'res"ei III AN.l. io'- anu 1910, W '''-
muster oreher''i NiaE''i'u ia io,o' .! 's'-
master ''eher"' iio"e !" 49, anu ~
Us iiias'el 'eo''i :" 90
ana io'o' ->ui'e'ous o'i's ma! ito'' I'M"
" li''e oecii ''.' oouC IN oot'. muses.
Vi No"s'cos' anu Al nv my mn VI"
eie'9 o'' '""ua'S ~ 1851 pos'"' S''
| mss Jan" '''' "N' i'f' ''' ''
eoiiiiii' '.ec y" poS' o'''0e' anu po'' ioi'''
Va '''c "ei"'e a'|o'''p'"''u Ds GU .'aD''
aus report Du'ihs 'i''s sesSio" Vi Noi-
sresS the fres'uen' ana the postmaster
general mas unreserVedly recommended
lne es.apnsil''en' VI .he s!SteIii'
! Inc Dill just reported IN 'he senate pro-
.ioeS ior ''.e es'"o.'s'''"e"' VI fo''a' saw
'ngs repositories TOT oepos'''ne savings
at i"leiest' WIZ" ''ie eeou''S VI ''e eoN-
eminent ior repa'i"en'' anu ues Mates
ot"cis do Tue Po'''i'A'.e' ec"o,a' i''S All
MS u'Sc'ea''o'' 4io.'' .'no ~ 'i'''' "'s'e
h"'e as SAY iss uepo n''o''eS W ie0eN"
uepos,.' I'm .'.o puD.e a'.1 ~
anu u''po'u u we y,..''1 s'.e
e' mo VI ."o t
~ o' N'p' op'', ~ W 80,
ou.'"e' 'Nei! ICY - 49,.
,.,,.,s-
o','1' mus "a o
81" ,',,.,, ,,
""1 uN.."e -, -,
IS ''e poe'","a'e' ., 80,
a,, a.,,usc aoetrah,a
,,.,S ,, oe,aa, 80
uo'''"e ..,o ".p'7'.0, '''
."e 'i.''''.'". a.
'cno LIE ss9'e'" W ''' '1'''' !
o'''N'S 40 '"p' h..
u'N"'' ''.' ~ W. ~ -.
''e "ee "a '''' "''o q ''''s. ,'s
can open more than me savings account,