Democratic Sentinel, Volume 17, Number 32, Rensselaer, Jasper County, 25 August 1893 — A Marvelous Business. [ARTICLE]

A Marvelous Business.

_ One person out of ev?ry seven in the United Kingdom Is <2 depositor in the postoffloe savings hanks, ’snich have marly $360,000,005 deposits. To manage this business there is a headquarters staff of not far from 1,900 persons at the London Postoffice Sank, of whioh every money order postoffice in Great Britain mid Ireland is a branch. Every deposit made In any one of tie. postoffioes is forwarded to thd London headquartrjs. The looal postmaster simply eash and sends it up to London, merely entering it on his ac-ounte and on the depositor’s book. The London office kedps an account against every one of thfi IOLOOfI branch offices. How great is the labor entailed will be realized when It skated that in one day as many as deposits have been made, that laS#Tear 992,600 accounts were opened MmlBLOO” oteeed. It is estimated that *»#»• twenty-fiv» years the postoffice MMhps bmsk system has been in operates vjßpnds aad Inaccuracies have ady iMffdti rely about a half-penny for