Finally, Tange (1914-2001), one of the finest public service mandarins Australia has produced, completed a BA (1933-36) and honours (1937) while working for the Bank of New South Wales. He was a protege of Alfred Davidson, who was married to his half-sister, and Tange himself married Shann's daughter, Marjorie (Edward 2006; Turnell 2007).
(16) Sir Alfred Charles Davidson (1882-1952), a Queenslander by birth, entered the South Brisbane office of the Bank of New South Wales in 1901.
(23) Further, not all colonial businesswomen used the services of the Bank of New South Wales. Those women identified as engaging in business and commerce were not necessarily the only businesswomen in the colony.
Together, the three studies identify sixty-five colonial women (1.38 per cent of women in the colony in 1819) who were involved in at least one transaction with the Bank of New South Wales between 8 April 1817 and 30 June 1820.
Women engaged in banking transactions with the Bank of New South Wales and operated businesses on their own.
School of Business and Information Management The Australian National University APPENDIX FEMALE CUSTOMERS OF THE BANK OF NEW SOUTH WALES 1817-1820 [* Key : C = convict; CF = came free; BC = born in the colony; U = status unknown; w/o = wife of; poss.
The colonial government in New South Wales decided to establish its own bank in 1832 to be called the Savings Bank of New South Wales. The proponents' motivation was clearly stated in the preamble to the Act which established the Bank: ...
By 1846, at the beginning of this study, there were 4,863 depositors of the Savings Bank of New South Wales colony-wide.
These figures consolidate the trend over the period from 1846 of increasing female involvement in the Savings Bank of New South Wales. From approximately twenty-nine per cent of all new depositors in 1851, women's participation increased by sixteen percentage points to be forty-five per cent in 1871.
These findings concur with those of other studies of nineteenth century savings banks, such as that by George Alter, Claudia Goldin and Elyce Rotella in their study of the Philadelphia Savings Bank Fund Society in the mid-nineteenth century,(31) an institution comparable to the Savings Bank of New South Wales. One implication of such a pattern of account use, as Alter, Goldin and Rotella suggest in their study, is that credit must have been provided by a variety of people of commerce in the period, by landlords, storekeepers and publicans as well as friends and family.
Margaret Boyd, by contrast, was an archetypal saver with the Savings Bank of New South Wales. Margaret opened her account at the West Maitland branch on 7 June 1860 with a modest deposit of 3 [pounds sterling].
Women comprised between one third and almost one half of all depositors with the Savings Bank of New South Wales in the period 1846 to 1871.