S avings Impeded 'uvrease savings. Mr. Heath has pointed out in
his article last week that savings are declining. This per- haps is hardly surprising when modest attempts to save are actively discouraged. Seeking, last weekend, a christening present for a greitt-BieCe I hit on the happy thought of opening a Post Office Savings Bank account and presenting it in lieu of a more traditional and doubtless. duplicated Rift. So off went my wife to the post office. SIR, All British governments exhort their citizens o ;
'Very sorry, not allowed: only the parents can open an account.' `National' Savings Certificates then?' queried my wife, hopefully, only to get the same reply.
'You wouldn't believe,' went on the clerk, 'the number of similar inquiries we have received, but we have to turn them all down!'
Instead of this typically red-tape attitude could not the PMG introduce a greetings savings book, attrac- tively presented and available to anyone? Any duplication of books could easily be rectified at a later date. and I sec no reason why the idea should not catch on like greetings telegrams and gift coupons. Or is the idea too simple?
3 Fair Lawns, Putney Hill, SW15
C. D. P. COVER
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