§ MR. J. HOLLOND
asked the First Lord of the Treasury, Whether, in view of the Amendments proposed to be introduced into the rules of the Post Office Savings Banks by the Savings Banks Bill, he will consent to a further Amendment in these rules so as to enable the Post Office Savings Banks, without lowering the present minimum deposit of one shilling, to receive deposits above this minimum in amounts other than complete shillings?
Sir, I am aware, of course, there would be some improvement in the rules of the Post Office Savings Banks, from a particular point of view, if we could adopt the mode of proceeding suggested by my hon. Friend; but, upon inquiry at the Post Office, I am informed that it would lead to a considerable increase of labour and expense. That being the case, I am very doubtful whether such an increase of labour and expense would be justified. Consequently, as at present advised, I am hardly disposed to recommend the adoption of the course suggested by the hon. Member.