Samuel Smiles：Thrift, Excerpt 317

Another most important point is, the Security. Government is responsible for the full amount paid in; so that the money deposited with the Post Office Savings Bank is as safe as if it were in the Bank of England. The money saved may also be transferred from place to place, without expense, and may be easily paid to the depositor when required, no matter where it was originally deposited. All that is done, is done in perfect secrecy between the depositor and the postmaster, who is forbidden to disclose the names of the depositors.

Source： https://www.gutenberg.org/ebooks/14418
Locator：Excerpt 317 · Verified：2026-10-19 · Verification：Short excerpt

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