As a rule, the money that is put in
to a Savings Bank is put in by people:
in that vicinity, and should be run for'
the interest of those people. For in
stance. if a farmer wants some money
to make repairs on his buildings, or
to carry him through till his crops are,
marketed, or to take mortgages on
farms at 50 per cent, of their value, I
he should get it by giving good secur
ity, or anyone else that Is in any other
business. In oilier words Hie Savings
Bank should take rare of the people
in its own community, and not invest
its funds in remote localities. Let the
banks there take care of its own peo
ple. In this way, the country around
Kueli an institution, would blossom like
the rose, everythin!? would flourish,
everybody would be putting money in
to the Savings Banks, drawing it
spending it, earning it to put back
again. All would be happy and having
a good time. Life would then be worth
living. Is not this a sad contrast from
the present condition of the I'utuam
Savings Bank?
An officer of the Southbridge Sav
ings Bank told me that, -since its re
organization they were selling the
railroad stock and buying houses with
tlie money right in Southbridge, and
renting them and it was working well
Now why can't, lhitnqm do the same,
or perhaps build some houses to rent?
This would give her 1; boring class
work, such as carpenters, masons,
plumbers, etc., and ibis would give
other concerns work, also the mer
chants, shoe dealers, grocers, and all
other business would get tlie benefit.
