Evening Republican, Volume 15, Number 117, Rensselaer, Jasper County, 17 May 1911 — Postal Bank, In Franca. [ARTICLE]

Postal Bank, In Franca.

The record of the postal saving# bank system in France has been one of continued progress. In 1882, wbenf this Institution was established, tba total number of postal banks in operation was 6,024 with 211,580 deposit accounts remaining open at the close of the year. These accounts, Including Interest due depositors, amounted to $9,187,116, the average sum of the deposits being $43.41. On December 31, 1909, the latest year for which complete statistics are available, the number of banks had increased by nearly 2,000, the deposit accounts numbered 5,542,882, and the deposits, including Interest, represented an aggregate amount of $816,456,866, averaging $57.08. The expenses of administration during 1900 amounted to $1,504,678, and the net profits to $526,786. It may bo recalled that individual accounts are limited by law to 1,600 francs ($289.50). When an acoount exceeds this the surplus is invested by the bank in national bonds. The total value of the bonds purchased in 1909 was $2,080,676. The withdrawals. Inp”rd“*“- *“ w As the Wild Geese Fly. There can be no more impressive sight than a straining line of wild geese moving i» the clear air with steady strokes, their, rigid necks pointing to their northern summer home, their outlines slowly diminishing until, as a row of floating dots, they yintsh in the uncertain distance. As they scan the dOntinent in their northward sweep the feeble efforts that dot H here and there with cities must seem to them helpless presumption. They call in the joy of their' strength and the poor prisoners o£ gravitation fancy that the resonant; tones from the vast* airy dome are a special message to their own little worlds. More Impressive than this voice of the open day or the sight of the vigorous and steady forms coursing the air is the sonorous mingling; cries in the starry dome when the lofty way of travelers Is concealed by the enshrouding night