The Rev. F. 0. Morris sent to the Times of
Saturday last a most interesting account of the work of the " Yorkshire Penny Bank," an institution of which, he says, no other English county 'can boast, and which is certainly one of the most effective institu- tions conceivable for the encouragement of thrift. This bank has 260 branches, with six volunteer managers for each branch, showing no fewer than 1,560 gentlemen volunteers engaged in this admirable work. The amount deposited was more than half a million at the end of last year, showing an increase of more than £80,000 in the year. If penny banks can store in a single year,—so bad a year, too,—£89,000 more of the money of the poor, in a single English province such as Yorkshire,—what might not such banks, if diffused all over the counties of the United Kingdom, add to the capital of the nation ?
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