First Report from the Select Committee on Savings Banks together with the proceedings of the Committee, Minutes of Evidence, Appendix and Index

First Report from the Select Committee on Savings Banks together with the proceedings of the Committee, Minutes of Evidence, Appendix and Index

Published by House of Commons, London, 1849

About this Item

Scarce Irish Banking. p.p. x 341. Folio. Blue wrps, paper label. This celebrated report deals with the circumstances surrounding the failure of The St. Peter s Parish Savings Bank in Cuffe St. Dublin in May 1848. The Bank s problems commenced in 1831 when it was established that a figure of about £20,000 had been syphoned from the Bank s books by a cashier named Dunn whose combined role of cashier and book-keeper had simplified fraud. Dunn absconded almost immediately, fled the country, never to return. Although the Bank struggled on until 1848 when it finally collapsed with depositors being paid 1p in the pound. No state guarantees in those days.

Seller Inventory # 404_2016

Bibliographic Details

• Title: First Report from the Select Committee on Savings Banks together with the proceedings of the Committee, Minutes of Evidence, Appendix and Index
• Publisher: House of Commons, London
• Publication Date: 1849
• Condition: V.G.