Events on August 5 in history

Postal savings system (August 5, 1874)

Japan launches its postal savings system, modeled after a similar system in the United Kingdom.

Postal savings systems provide depositors who do not have access to banks a safe and convenient method to save money. Many nations have operated banking systems involving post offices to promote saving money among the poor.

References

Postal savings system

Choose Another Date

Events on 1874

28 Feb

Tichborne case
One of the longest cases ever heard in an English court ends when the defendant is convicted of perjury for attempting to assume the identity of the heir to the Tichborne baronetcy.
15 Mar

Second Treaty of Saigon
France and Viet Nam sign the Second Treaty of Saigon, further recognizing the full sovereignty of France over Cochinchina.
27 May

Gert Alberts
The first group of Dorsland trekkers under the leadership of Gert Alberts leaves Pretoria.
7 Nov

Thomas Nast
A cartoon by Thomas Nast in Harper's Weekly, is considered the first important use of an elephant as a symbol for the United States Republican Party.
25 Nov

Panic of 1873
The United States Greenback Party is established as a political party consisting primarily of farmers affected by the Panic of 1873.

Events on August 5 in history

Postal savings system (August 5, 1874)

References

Choose Another Date

Events on 1874

Tichborne case

Second Treaty of Saigon

Gert Alberts

Thomas Nast

Panic of 1873