Samuel Smiles：Thrift, Excerpt 278

Military savings banks were first suggested by Paymaster Fairfowl in 1816; and about ten years later the question was again raised by Colonel Oglander, of the 26th Foot (Cameronians). The subject was brought under the notice of the late Duke of Wellington, and negatived; the Duke making the following memorandum on the subject: "There is nothing that I know of to prevent a soldier, equally with others of His Majesty's subjects, from investing his money in savings banks. If there be any impediment, it should be taken away; but I doubt the expediency of going further."

Source： https://www.gutenberg.org/ebooks/14418
Locator：Excerpt 278 · Verified：2026-10-19 · Verification：Short excerpt

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