A. Including the country, something like 5,000.

Q. Have you a pension system for your employés?

A. Our clerks consent to a rebate of 5 per cent. on their salaries, and we duplicate this rebate by a voluntary contribution, in order to constitute a pension fund; it amounts now to about 7,000,000 francs.

Q. If a new bank were to be organised here, would it be admitted as a member of the clearing house?

A. Certainly.

Q. You have no new banks except the Union Parisienne?

A. There is also the Banque Française, managed by M. Rouvier, who formerly was Premier.

Banque de Paris et des Pays-Bas

INTERVIEW WITH M. MORET, MANAGER OF THE BANQUE DE PARIS ET DES PAYS-BAS[180]

Q. We assume that your business is in many respects quite unlike that of the other joint-stock banks?