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Show SV "" ssssssssssssaH i "! wnmm ana airaama a .. hi is, B POSTAL DANKS OF BRITAIN. jH Their Asssts Less Than . Their Dc' H posits, But Nobody Worries. B The fact Is odd: Tho postofflco H savings banks of Great Britain aro ' jH technically Insolvent. Tholr doposlts H at tho end of tho year woro $700,000,- 000, their assets only about 070,000,- fk 000. Nobody worries about a llttlo thing llko thnt; tho government Is ro- sponsible. Of courso tho discrepancy PPsPl roso from tho high prlcos tho depart- vWl ment was forced to pay for national ffijjf m bonds beforo tho Boer wnr. Tho low KWr! erlng of tho rato of Interest allowed 4t Is an obvious cure. Tho postal banks tMHti woro authorized In 1881 and nearly traltlf $10,000,000 was deposited tho first fflm year. Somo later dovelopmonts aro SsW curious. By tho "slip" system a sum US so small as two cents can bo HH deposited. Deposits can bo withdrawn M by telegraph. School savings bank H nro recognized, but nre not vory sue- M ccssftil, owing to the superior nttrac- aB tlons of sweets as a medium ot In- H vestment. A foaturo of tho postal M bank Is that, through tholr agency, do- M posltors can buy smnll fractional por- jH tlons of government bunds. Now York oH World. H |