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Show MAKING A GOOD TOWN BETTER - Before leaving the subject of thrift, credits and savings accounts, which are inevitably associated with the banking facilities of a community, and of which we are conscious of having lain a great deal of stress, the subject of credit ought to be given emphasis. The word "credit" is very flexible in its meaning. Primarily, it refers to the facilities for loans made passible by the accumulation of capital in banks, trust companies, savings, building and loan associations, and the like. Not the banks, but the people themselves bring about the force of capital that goes to build factories, homes;' and cities. Your little dollar can not do much good by itself toward the bigger operations, but when amassed with the hundreds and thousands of dollars of your fellow citizens and dispensed through conservative channels such as the banks should, and in most cases do, afford, it becomes a part and parcel of the great financial force that turns the wheels of industry and commerce. Thus when you save a dollar, and stake it, where it can keep on working, you actually have INVESTED that dollar for community good, besides added ad-ded to your own independence and protection. This is no argument or reason, of course, for the saving of money to the detriment of making purchases for sustenance, or enjoyment of life, or even for the lighter things for consumption and amusement; for strictly speaking, the miser is the only fellow who puts money where it does no one any possible good. It is rather that you may be able to accumulate sufficient suffi-cient means to afford the luxuries as well as the comforts, to which every human being on this mundane sphere is entitled. It is that you may draw upon your storehouse for individual and family needs, just as the community or the needs of capital draws upon your dollar through the financial institution institu-tion to supply or to enlarge its needs.. Along with crops, health and production, the market of money, that is, whether money is "tight" or otherwise, gauges the prosperity of the country and likewise plays an important part in community development. |