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FLOUR and FLOWERS OF SULPHUR Whale-Oil Soap and other Insecticides For b f*" E. 0. PAINTER FERTILIZER CO., Jacksonville, Fla. ings banks. Postmaster General Wanamaker gave considerable atten tion to the question during his in cumbency and argued in favor of the system. He pointed out that in times of financial panic, the small depositors in savings banks were the first to take alarm and, by rushing in and with drawing their money from the banks, aggravate the trouble, whereas if their money was in the keeping of the gov ernment, they would not be taken out of circulation at a time when they were most needed. Postmaster General James M. Gray, under the administration of President McKinley, was a stanch advocate of the postal savings bank system and the President himself was credited with favoring the plan. At this time Senator Mason introduced a bill for postal savings banks that came nearer to adoption than any similar previous measure, with the possible exception of that drawn up by Edward C. -La cey, afterward comptroller of the cur rency and now president of the Bank ers’ National Bank of Chicago. In the meantime other nations had shown no hesitancy in following the lead of England and establishing banks to care for the savings of the masses. To foreign postal officials and statesmen, who have had occasion to inspect the postal system of the United States and have marveled at its completeness and efficiency, the failure of this government to inaugu rate the system so universally adopt ed, has been a source of surprise and wonder. * * * * Every other important nation in the world, except Germany, Switzerland and Norway, operates postal savings banks, and these nations have substi tutes in the form of state or municipal banks which safeguard the depositors. In Germany nearly every city has savings banks, conducted by the mu nicipality itself, and that nation now is considering seriously the adoption of the postal savings bank. system. In Switzerland, a majority of the can tons conduct savings banks and the government is responsible for the funds deposited. (Following the lead of Eingland}, which opened the postal savings bank system in September, 1901, Mr. Glad stone being a strong factor in securing the passage of the bill, Belgium was the next nation to take such action, postal savings banks being established there by law March 16, 1895. In 1868 the system was introduced into Aus tria, and ten years later Italy follow ed suit. Holland came next, the postal savings banks of the Nether lands beginning operations April 1, 1881. The following year France in augurated the system, and in Sweden the government savings institution went into operation January 1, 1884. * * * * Hungary and Hawaii both establish ed postal savings banks in 1886, and Russia’s postal savings banks, to ope rate in connection with the savings banks department of the 'lmperial Bank were established in 1889. In Japan, the postal savings bank system has been in operation since January 1, 1895. In all of these countries, according to statistics, the postal savings bank has proved immensely popular, and, while the systems vary in some partic ulars in the different nations, they are for the most part modeled after and operated along t|he lines originally planned by Great Britian. In the Britian colonies, whither the system naturally spreads in emulation of the mother country’s action, the postal banks are reported to have proved highly successful and the tabu lations show" a steady growth in thei number of depositors and the amount of savings from the time of organiza tion to the present date. Beginning with Victoria, the first colony to add savings banks to the postal system in 1865, and Canada, which followed in 1868, New South Wales, New Zealand, Western Australia, Tasmania, Queens land, 'Cape of Good Hope, Straits Set tlement, Ceylon, the Falkland Islands, the Bahamas and British Guiana all established postoffice banks. * * * * 'lndia adopted the system in 1882 and now has close to a million de positors and $42,000,000 deposits. The statistics for India show the number of depositors almost trebled and the amount of deposits quadrupled in the last ten years. The tremendous growth and success of the postal savings bank in England may be appreciated from the statis tics which show that during its first year of operation there were 178,495 depositors and approximately $10,500,- 000 was deposited, while the latest available tabulation gives 8,777,231 de positors and $662,778,180 in deposits. Under the British system the empire is the bank and every postoffice a branch, with all postmasters agents. Through them the people may deposit money, invest in government securi ties, insure their lives or buy annuities from the government. The offices are open from 9 in the morning until 6 in the evening five days, and until 9 in the evening on Saturdays. The mini mum deposit received is 1 shilling, and all depositors are limited to $250 in any one year ending December 31, and no person is allowed to have more than $750 on deposit as a total, exclu sive of interest, When principal and THE FLORIDA AGRICULTURIST. interest together amount to SI,OOO in terest ceases. Interest is paid at the rate of 2 1-2 per cent per annum, be ginning on the first day of the month following the deposit. On the last day of each year the accured interest is added to the principal. * * * * Among the advantages of the postal savings bank as set forth in a circular issued by the British government, ab solute security is mentioned foremost, every depositor having the direct guarantee of the nation for the repay ment of his deposit. A person can deposit wherever a postoffice is locat ed, and in case of urgent need can withdraw funds by telegraph, no mat ter where he may happen to be. In such case he can withdraw SSO the first day SIOOO the following day. He, however, is required to pay the tele graph toll. The average time required for such a transaction, according to the records, is thirty-eight minutes between points in London and one hour anywhere else in the kingdom. Any depositor who so desires may have the government invest his sav ings in government securities. In this way amount of stock to the value of 1 shilling and upward may be purchas ed, but every depositor is limited to not more than SI,OOO worth of stock in any one year, and the limit for all time is $2,500. If it exceeds this it must be reduced by sale or transfer to the bank of England. Through this system vast quantities of govern ment securities are placed in the hands of the British people, and the argu ment is advanced in its favor that it has an important influence in giving stability. Provisions are also made under the British system for penny savings, cards being used on which stamps pur chasable at a penny each are pasted up to a shilling, when this may be deposited in the regular way. Chil dren over 7 years may deposit money in their own names and transact busi ness with the postal banks under the same conditions as adults. Most of the phases of the British system are incorporated in the postal bank regu lations of other nations with such Changes and modifications as are need ed to meet the demands under similar conditions. Some o f the conditions under which postal savings banks are conducted in other countries would not be applic able to the system if established in the United States, and these points have been discussed in the reports of postmaster generals and in the halls of Congress. Aside from the natural objection on the part of private interests to having the government encroach on their BHODES DOUBLE OPT PKUHINO SHEAR !£{ “f/jj . ait brail* tki Blip Wa par *• B|H|^^J A 1 * pr*u ckargu Writ! fir I BUABKC MU circilir BB#| RHOVII ■PV. bV< pricii. 425 Wml Irlfjt It. t Mfil^llll^J A “Short Talk on Pecans,' 9 by Fred S. Dawson, Starke, Fla. It it Fr Write a postal card for it. Budded and Grafted Mulgoba Mangoes. Imported from India; absolutely free frem fibre. Pot-grown, $2.60 each. Largest as sortment of Citrons in the United States. Also Citrus stock. Address JOHN W. BHACH, West Palm Beaeh. Fla. FOR SALE Six hundred and thirty acres of land near Cotton Plant, part of which is rich * hammock, part cleared and fenced and has been cultivated in truck crops during the past year. This land will b # sold mt a bargain if sale can be made before January i. Price and particulars on appli cation. E. O. Painter DeLAND, FLA. mßmf Ferry’s Seeds are best because 50 ■KTSI successful years have been spent in HmS Ha their development—half a century BbM| ■HH of expert care in making them superior to all others H|f|f We are specialists in growing flower and vegetable seeds, 1906 Seed Annual free. D. M. FERRY & Detroit, Jensen, Fla., Nor. If, 1104. E. O. Painter, Esq.: Jacksonville, Fla., Dear Sir: Please ship me six tons Bean Fertilizer same as you sent me last. I will add that I tested it carefully by side of and so far your goods at $27.00 per ton, are giving better re sults than at $37.50. Several of my neighbors are watching results and think it will be a big ad. for your goods. Bill my order to Stuart, Fla., and oblige, Respectfully, H. E. Olds. Jensea, Fla. i 627