Show A country editor looks at banking HE editor of 0 the norwalk Noni alk ohio THE herald takes a somewhat different view of the tha banking situation from a good many people ills idea Is as lollops to aws with rents falling an am unpaid real estate does tot present a happy picture nor does the owner of carefully 0 selected bonds teel feel any happier with a bunch 0 of them going froug A lot of 0 folks biks very carefully invested in preferred and co common ninion stocks in the finest coin pa ii lea in e world and time have seen been them fall all to perhaps a tenth ot of what vi hat they paid for or mem arid and 10 dividends at all some folks kept their money in savings accounts to in banks and some panics havn closed and left them high anti ami dry but the situation is worth looking at very verv carefully on government ailt authority hority most banks that closed were really solvent but bt ll 11 for frozen ibets arid ami popular timidity t i gradually Ga dually tte the closed banks ban ica are coining out from under and depositors po in even bad cases will get fit at least 60 50 per cent of their savings tough of 0 course nobody likes to lose bait of what they had scrimped and sacrificed and saved out when hen you hoard board and stick the roll ot of bills in a coffee pot or under a mattress some plug ugly conies canies along and burns your feet till you tell him to take it and welcome and what bat about great majority 0 ot banks that weathered the storm met all comers and are doing business as usual carefully and conservatively but safely what about tha he savings saving in those banks they are a full per cent today and they are the only thing we know ot of at per cent any where after all to Is said cad and done a good well managed bank la is still tb the beet beat place to in all the world tor for money or savings savi rigs right now la in ohio the banks pay the taxes on all savings and pay their depositors net interest oo oil their savings we jve cant think just now of many other investments that are a tenth as safe ante re as a account in a solid bank why even a savings ac account countIn in a closed bank 11 18 actually today most tocks 1 is t r wn |