The Freedmen's Savings Bank

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Monograph

Identifikator:: 175265076X

URN:: urn:nbn:de:zbw-retromon-129631

Document type:: Monograph

Author:: Fleming, Walter Lynwood http://d-nb.info/gnd/120660560X

Title:: The Freedmen's Savings Bank

Place of publication:: Chapel Hill

Publisher:: Univ. of North Carolina Press

Year of publication:: 1927

Scope:: x, 170 S.

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

APPENDIX 145 as workmen, and were discharged. The water drinker then bought out the printing office, went on enlarging his busi- ness, and in twenty years from the time he began to put by his money, was worth $100,000. 3. (BookLET, 1867) REASONS WHY YOU SHOULD ALL PUT MONEY IN THE SAVINGS BANK 1. Because it is your surest way to get a start in life. Thousands of rich men would have been poor all their lifetime had they not used the Savings Bank. 2. Because, being your own masters, it is your duty to provide for your settlement in life, for your families, for sickness, and for old age. You can in no way do this so well as by a monthly deposit in a good Savings Bank. 3. It teaches you the value of money, and prevents you from spending it foolishly. 4. You should use this Bank because it is conducted entirely by your best friends, and it is hoped you will, ere long, help to conduct it yourselves; and being au- thorized by Congress, and approved by the President of the United States, it is the safest place you can find for your money. 5. It gives you character. As soon as you become worth a little money or property, every one begins to respect you and ask your advice. 6. It is a good example of thrift to your children, whom you desire to see respected and prosperous citizens. They will be sure to imitate your example.

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