Robinson Crusoe's father : the projector of savings banks / . movement in the UnitedStates has grown to tremendous proportions. In 1820, fouryears after the founding of the first bank, there were but tenin the entire country. The depositors in these ten banks num-bered but 8,635, and the deposits to but scarcely more than amillion dollars. To-day, according to the latest report of theUnited States Monetary Commisson, there are 18,245 insti-tutions in the country that solicit savings accounts; 14,894,696savings depositors, and $5,678,735,379 in savings deposits. The growth of the savings bank m
Robinson Crusoe's father : the projector of savings banks / . movement in the UnitedStates has grown to tremendous proportions. In 1820, fouryears after the founding of the first bank, there were but tenin the entire country. The depositors in these ten banks num-bered but 8,635, and the deposits to but scarcely more than amillion dollars. To-day, according to the latest report of theUnited States Monetary Commisson, there are 18,245 insti-tutions in the country that solicit savings accounts; 14,894,696savings depositors, and $5,678,735,379 in savings deposits. The growth of the savings bank movement in the rest ofthe world is also quite as remarkable. In all countries outsideof the United States there are 95,524,331 depositors whosesavings aggregate $9,710,936,635, and this vast sumadded to that representing the total savings of this countrymakes a still greater and more incomprehensible sum—$15,389,672,014. The total number of depositors in theworld is computed at 110,419,027. Are yon one of these? The Williamsburgh Savings Bank of Brooklyn. Our Savings Are Our Best Friend. BUT let us get down to particulars. Let us take thegrowth and development of the strongest savings bankin the world for an example. Glittering generalitiesare often like grand stand plays; they fail of theirpurpose. Our purpose is to convince you that there is not asafer place in the world in which to put your money than asavings bank, and the best savings bank to put your moneyin is necessarily the strongest. Why is a savings bank the safest place in the world to placeyour savings in? Because it has nothing to do with speculation nor get-rich-quick schemes. Man is the worst of all Gods creatures to shift for other animal is ever actually starved to death. Naturewithout has provided them both food and clothes, and Naturewithin has placed an instinct that never fails to direct them toproper means for a supply; but man must either work orstarve, slave or die. He has indeed reason giv
Size: 3149px × 793px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., book, bookcentury1900, bookdecade1910, booksubjectbanksandbanking
