This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 262.— Under the new regulations of the Post Office Department, we receive a cheque from the postmaster daily to take up the orders which have been cashed by the bank during the day. This cheque we have to remit daily to Ottawa. In a bank with 20 to 25 branches, apart from the labour involved, this would mean an addition to its postage charges of probably $100 for the year. Do you not think the government should make some allowance for this extra expense ?
Answer.—We do not think that the banks should be expected to do work or incur expenditure in this way without remuneration.