Browsing named entities in Harper's Encyclopedia of United States History (ed. Benson Lossing). You can also browse the collection for Zurich (Switzerland) or search for Zurich (Switzerland) in all documents.

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Harper's Encyclopedia of United States History (ed. Benson Lossing), Froebel, Julius 1805-1893 (search)
Froebel, Julius 1805-1893 Author; born in Griesheim, Germany, July 16, 1805; educated in his native country. He came to the United States in middle life and was naturalized; lectured in New York, and in 1850 went to Nicaragua, Chihuahua, and Santa Fe as a correspondent of the New York Tribune. In 1857 he returned to Germany. He was the author of Seven years travel in Central America, Northern Mexico, and the far West of the United States; The Republican, etc. He died in Zurich, Nov. 6, 1893.
Harper's Encyclopedia of United States History (ed. Benson Lossing), Savings-banks. (search)
Savings-banks. The first regular institution of this kind was established at Hamburg in 1778. The next was at Berne, Switzerland, in 1787. The oldest savingsbank in the world, still in existence, was founded at Zurich, Switzerland, in 1803. The first savings-bank in the United States was established in Philadelphia in 1816, and in 1880 still existed as a flourishing institution. It was called the Philadelphia Savings Fund Society. The second savings-bank was established in Boston the same year, and the third in New York in 1819. These banks are regulated by State laws, and the average rate of interest paid by them is 3 per cent. For statistics of the mutual and stock savings-banks in the United States, see Banks, savings.