Show A l Country Editor i Looks at Banking r HE editor of or the tho Norwalk Ohio Herald Horald takes ules a somewhat at different view of or the banking situation from a Do rood many people His idea is 15 as follows With rents falling railing ant ani unpaid real estate oBlate does sot cot present a happy pic pie ture cure Nor does docs the owner of or care car j i fully ully selected bonds feel teel any happier bappler I with I a bunch of or t them em going wrong A Alot lot ot of or folks v vc y vo y carefully invested in preferred and common stocks in the finest inest companies In he ie world and have bave seen leen them fall raIl to perhaps a tenth ol ot what they paid for them and no div div- I donds at all Some folks kept their Money lu in savings accounts In Danks j jand sad and some banks ba closed and left I hem em high lint and dry But the situation Is worth looking at very carefully On government authority most banks that closed were really solvent but for frozen and popular timidity Gradually he closed banks bank are coming out from under and depositors depositors de do- In even bad cases will get at least 50 per cent of ot their savings That's tough of or course nobody likes to lose half halt of or what they had scrimped and nd sacrificed and saved But when you board hoard and stick the roll of or bills in ina ina a J. J coffee pot or under u It mattress some Borne plug ugly plug ugly comes along and aud burns your feet till you toll tell him him to take it and welcome And what about the great grea great majority of banks that hat ba weathered the storm net inet all comers and are doing business as 18 usual carefully and ami conservatively but safely What about the savings In those banks They are ore a full per cent today today and and they are the only thug we know of ot at per cent any any- where After Arter all is said and done a good wall managed bank is to still the best place in nil all the world for tor money or savings Right now DOW In Ohio Obio the I banks pay Limo tho taxes on all ail savings s1 and pay their depositors net interest on their savings We cant can't think Just now of many other Investments that are a tenth as safe sare as a savings account account ac ac- ac count in a solid saUd bank Why wiry a evona savings account in a closed bank is 18 actually worth moro morn today than most stocks tocks |