OCR Text |
Show WHAT THEY DO WITH BONUS Seventy Per Cent of Minneapolis Men Increase or Open New Savings Sav-ings Accounts. What do ex-service men do with their bonus money received from the various states? Some persons opposed to handing out cash to the . men either by the states or nation, give as their greatest argument that the beneficiaries will squander the money foolishly as soon as they get it. But the experience of the Wells Dickey Trust company of Minneapolis which firm has been instrumental in advancing $2,205,000 to ex-service men through special arrangement with the bonus board, completely overturns this conjecture. Figures just compiled by the cashier of the trust company show that of the 8,924 claims handled by the bank for Minneapolis men, 70 per cent of the men increased their own accounts and 26 per cent opened savings sav-ings accounts at once. |