postal savings system
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support by Lawson
- In Fremont Lawson
His advocacy of a U.S. postal savings bank caused him to be called the father of the law that established it (1910). Lawson was also a leading benefactor of the Congregational church and the Young Men’s Christian Association.
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U.S. Postal Service
- In postal system: United States
In 1911 a postal savings system was inaugurated, reaching a peak of more than 4,000,000 accounts in 1947. A decline to less than 1,000,000 depositors caused the service to be discontinued in 1966. Mail was formally divided into three classes in 1863, and a fourth was added in…
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