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Show TOO MUCH HOARDING Q Q 5? In conversation with a banker friend recently he stated that careful estimates place the wealth of this country that if 'dpn away In socks, old trunks and clocks, at not less thar four hundred million dollars. This vast sum is being held back from useful circulation by people who are afraid of banks But, our friend says, there is no need to worry, because for every ev-ery dollar hoarded there are $47 agaist it, or forty-seven timer as many, in savings banks, and at use. This increasing sum -nks is getting larger each year. More and more is th confidence of the people being established in banks. Locally our situation is very good. Both banks have r world of money on deposit in each; they find themselves in p condition of exceeding prosperity. There has been a crop which when harvested will run about $1,250,000 in value. Anr1 that scattered pretty well between both of them is reflected In increasing betterment of condition. Of coruse, you understand, under-stand, not all this crop Is yet harvested, and not all that is harvested har-vested is sold, but what has been sold has made conditions very satisfactory with the bankers. We understand that they are in congratulating themselves on their good condition. And in that The Chronicle oins, for is but indicates general gen-eral prosperity. The banks are what the people are, either prosperous or not as the people do well. Millard County is slowly conming into prominence. It? possibilities are becoming gradually noised abroad, and therr Ji a better spirit prevaling than we have seen in many a fall Puch conditions indicate a general local betterment, in which each of us will participate: |