Agricultural and rural extension schools in Ireland . • * -I Tr»RPT r rr r r R I M !1, ii iO 1 ^!^ i ^ ^ ^. ROYAL COLLEGE OF SCIENCE, DUBLIN. AGRICULTURE AND TECHNICAL INSTRUCTION. 33 Even if such lenders had the intimate knowledge possessed by the committeeof one of these associations as to the character and capacity of the borrower,they would not be able to satisfy themselves that the loan was required for areally productive purpose; nor would they be able to see that it was properlyapplied to the stipulated object. One of the rules of the cooperative banksprovides for the expulsion of a mem
Agricultural and rural extension schools in Ireland . • * -I Tr»RPT r rr r r R I M !1, ii iO 1 ^!^ i ^ ^ ^. ROYAL COLLEGE OF SCIENCE, DUBLIN. AGRICULTURE AND TECHNICAL INSTRUCTION. 33 Even if such lenders had the intimate knowledge possessed by the committeeof one of these associations as to the character and capacity of the borrower,they would not be able to satisfy themselves that the loan was required for areally productive purpose; nor would they be able to see that it was properlyapplied to the stipulated object. One of the rules of the cooperative banksprovides for the expulsion of a member who does not apply the money to theagreed productive purpose. But although these banks are almost invariablysituated in very poor districts, there has been no necessity to put this rule inforce in a single instance. Social influences seem to be quite sufficient to secureobedience to the associations laws. Another advantage conferred by the association is that the term for whichmoney is advanced is a matter of agreement between the borrower and thebank. The hard and fast term of three months which p
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Keywords: ., bookcentury1900, bookdecade1910, bookidagricultural, bookyear1916
