Savings
Sir, —After reading "Golden Egg’s” letter my mind went back many years. In the late 1930’s a man could earn £2 10s a week on a farm driving a six-horse team. I remember, after two years’ work and very careful spending, having £lOO in the Post Office, for which I got 5 per cent. With my first £5 interest I bought a suit of clothes. Savings then had its own reward, or had jt? I was to find out a few years later. When the depression struck, the ownership of a Post Office book barred me from getting a job. The thriftless got first preference; the thrifty could live on their savings. Those were the bad old days. Now, in the golden 1960'5, could someone tell me how much money I would need in the Post Office to earn enough interest in one year to buy a suit of clothes? Yours, etc., - SPEND HER, BOYS. September 10, 1963.
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Bibliographic details
Press, Volume CII, Issue 30234, 12 September 1963, Page 3
Word Count
159Savings Press, Volume CII, Issue 30234, 12 September 1963, Page 3
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