Florida, its history and its romance; . sets of the banks of Sacramento of 1890-1900and the present time will suffice to show the growth and increase of the financial power of the city. There is, quite generally, much confusion in the minds of those who do not give the matterdeep thought or study, as to the function of banks and the source from whence the bulk of the assetsof the banks come. Banks do not coin money or create wealth. Rather do they reflect the status,the condition and the resources of the place or district wherein they are located. They are the con-servators or concentrators of
Florida, its history and its romance; . sets of the banks of Sacramento of 1890-1900and the present time will suffice to show the growth and increase of the financial power of the city. There is, quite generally, much confusion in the minds of those who do not give the matterdeep thought or study, as to the function of banks and the source from whence the bulk of the assetsof the banks come. Banks do not coin money or create wealth. Rather do they reflect the status,the condition and the resources of the place or district wherein they are located. They are the con-servators or concentrators of the values made by others, and, if a community has no value there wouldbe no banks, or need of them, to handle their finances. The total assets of the banks in Sacramento, in 1890, were $8,255,; in 1900, $10,754,,and, at the present time, $35,487, This is a splendid record, for the banks of this city are notedfor their substantiality and for their solidity and conservativeness. INTERIOB VIEW OF CAPITAL NATIONAL BANK.
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Keywords: ., bo, bookcentury1800, bookdecade1890, bookidfloridaitshistor00fair
