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Show SYSTEM IN REGULAR SAVING Money Should Be Made Easy to Deposit De-posit and Then Comparatively Hard to Withdraw. "The only way for a man regularly to save money, unless he be one of those individuals possessed of an extraordinarily ex-traordinarily unrelenting character," according to Samuel Crowther, writing in System, the Magazine of Business, "is for the money to be passed into the savings account before it reaches him that is, to put him in the position, once he has made his resolution, of having to make another resolution to quit saving in order to stop the process. "Finally, take the convenience of withdrawal. A man will rightly hesitate hesi-tate about going into any system of saving which locks up his funds for any long period of time. The average worker has no great margin between income and outgo and be has to be prepared pre-pared for a rainy day for a birth, for a death, for a long illness. He cannot afford to put a measurable part of his funds out of reach. If his money Is to go from him for a long time he very naturally will not deed away anything like so much as he would if the money were always available. On the other hand any system of saving in which withdrawals may be easily and secretly secret-ly made is faulty. The funds should be available upon short notice, there should be a penalty for withdrawn!, which penalty should be large enough to stop withdrawals for frivolous purposes pur-poses and yet not so iarge as to work anything which savors of injustice on a man who honestly needs the money." |