Social Comptabilism / The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of Belgium

by Ernest Solvay; Hector Denis

[APPENDIX]

I

Law of the 28^th of May 1882

with reference to the introduction of Postal Savings Banks in the kingdoms and lands represented in the Imperial Council. (R. G. Bl.[N] N^o 56.) with the alterations made by the law of the 19^th of November 1897. (R. G. Bl. N^o 133.)

With the consent of the two Houses of the Imperial Council I will to order as follow:

Article 1.

Under State administration and guarantee there will be founded at Vienna a State Savings Bank, under the control of the Minister of Commerce and belonging to the jurisdiction of the Postal Administration, with the title «Post Office Savings Bank».

The sphere of activity, the organisation and the civil service of the Post Office Savings Bank will be fixed by means of ordinances.

Post Offices in the kingdom and lands represented in the Imperial Council will be appointed by the Minister of Commerce to serve as receiving offices of the Post Office Savings Bank.

To the Post Office Savings Bank will belong the management and execution of the business assigned to it by this law; in which business it will represent before the public the administration of the State.