The romance of the British Post Office : its inception and wondrous development . g which may serve to encourage the habitof saving, is constantly offering fresh facilitiesfor the convenience of depositors. After the FreeEducation Act was passed, arrangements weremade whereby part of the saved school fees mightbe collected at the schools by the use of stampslips, the attendance of the children and others at adistant savings bank being rendered unnecessary, aplan that has been taken much advantage of by thepersons for whom it was intended. Navvies, too,employed on the construction of public wor
The romance of the British Post Office : its inception and wondrous development . g which may serve to encourage the habitof saving, is constantly offering fresh facilitiesfor the convenience of depositors. After the FreeEducation Act was passed, arrangements weremade whereby part of the saved school fees mightbe collected at the schools by the use of stampslips, the attendance of the children and others at adistant savings bank being rendered unnecessary, aplan that has been taken much advantage of by thepersons for whom it was intended. Navvies, too,employed on the construction of public works areafforded, at the place where they receive their wages,the opportunity of depositing money in the postalbanks, as well as of procuring money orders, anarrangement that has proved of marked value to the THE POST OFFICE OF TO-DAY. 153 class of men whose character for improvidence hasever been conspicuous. There also exists an arrange-ment under which the amount of scholarships awardedby the Technical Education Board of the LondonCounty Council are paid into the savings bank. NAVVIES AT A POST OFFICE SAVINGS BANK. accounts of the scholars, as well as a plan for thedeposit of the deferred pay of soldiers leaving thearmy. Both systems are much used. The Life Insurance and Annuity business of the PostOffice is now an important adjunct of the Savings 154 THE BRITISH POST OFFICE. Bank Department. Originally instituted in 1864,under the auspices of Mr. Scudamore, the systemwas taken but little advantage of by the public, andfor nearly twenty years it lingered with very meagreresults accruing. In 1882 Mr. Fawcett determinedupon popularising the system if possible, and actingupon an ingenious suggestion made by Mr. James , , the present Comptroller and Accountant-General to the Post Office, he amalgamated it withthe savings bank system. The scheme was legalisedby the Government Annuities Act of 1882, andbrought into operation in 1884. Briefly put, underthat plan every ins
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Keywords: ., bookcentury1800, bookdecade1890, bookpublisherlondo, bookyear1897