Show saving institutions rs savings aings anh twe are excellent ions ion in any an country when properly k conducted and governed by stringent alu tory laws protecting the interests of its ita depositors in almost every county in tho the eastern states the they y have savings banks in successful operation and in every instance their economical eco economical nomica t ana nd beneficial influence is ia seen in the frugality and industry of the laboring classes many a a now wealthy citizen of our tou country can date dale the commencement of his an coll otal fortune to the day aay when bo be ade as a poor young man his thai deposit of a few dollars in a savings bank there are arc now at the east several of these institutions where deposits can be made in sums as low as a dime aime and therefore called dime say sar jugs banks whose deposits in the aggregate count up many millions of dollars the total amount of deposits in the St savings institutions of the new england states and now new today to day are fir far in excess of the deposits of all the other banking institutions in tho balance of the states the statutory laws of the states are so fio stringent in regard to the management of these banks that there is no possibility of the depositors deposit oia ois loosing 00 si n 0 their hard earned money that ia as it should be everywhere no of the kind should be permitted to exist whose getters up are not held to a strict accountability for the manner in which they manage the funds benti us led to their care and from which th the d dc tois can at will withdraw their deposits without let or the legislators of our country have for obvious reasons bestowed bea beo towed unusual care ju iii framing laws governing govern hig this clubs of banking institutions it is well known and generally understood that thelara er portion of their depositors are composed of a class of people who have little or no knowledge of banking operations and as a consequence more ore liable to be duped aud and victimized by designing specious men we have often wondered that no effort has been made to establish a savings bank here in our city judging by the experience of other places we cannot see why it should not prove a success always providing that the statutory laws governing its operation should he so 60 framed as to leave no loop hole bole for its it managers to escape punishment in in case of a misapplication on of its funds lot let there he be no limit fixed as to tb the e ani dullness allness of sums received and many a youngster ster will open an account with it ld acquire an cco economical nomicA saving habit tilot t will last him for the balance of his abys js ana very likely ly lay the foundation ora t fortune an institution properly flirted with a class or of men for its man agens who would command tho the bonfi hence of the public could in the natural course of things do a large business tot not only with our citizens but also with the people of the extensive country sui surrounding ro us we hope to r see some action aee taken in the matter by our leading lutiness hut buti iness neso men |