The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1888-09-20
A THRIFTY PEOPLE.
MILLIONS OF MONEY LAID BY FOR A
RAINY DAY.

600 belonging to nearly 1876. 900 depositors.
Since the first Of the year two more saw,
ings banks have been established in the
city, SO that these figures are under
rather than over the facts at the present
moment. 1t may truly be said that in nc
city in the country, or, for that matter,
in the world, are savings banks more
conservatively, honorably and safely con.
Quoted than in Boston. These local banks
have. as a rule. had public confidence, and
their reputation leaves nothing to be de-
sired. An officer in one of the savings
banks informs the writer that the major
portion Of the depositors are women.
When asked why this is so he gave it as
his opinion that the women are not so
much given to making investments" as
the men. They prefer to put their money
In reputable institution where they
know it will be 'safe, and where it will
draw certain interest.
Post yourself in q convenient corner at
one of the leading savings banks on o
busy day and watch the crowd. As an
opportunity to study humanity this could
hardly be excelled. At the noon hour the
depositors come by dozens, some to leave
money and some to take it. Those who
leave the money seem to have the best Of
1t, If one may judge by their faces. A
man always draws on his deposit with an
air of regret, or, at any rate, there are
few cases in which this will not hold
true. At the head of the line there is q
little old woman who is not at all at her
ease. The line behind presses upon her,
and she does not relish being hurried,
although it is evident that she will be
nothing loath to leave the place once she
has completed her transaction. She has
come, 1t appears, with an order from her
son, who has an account here and who IS
at home i'll, and she wants $40. But the
order is not properly filed up, and the
teller tries to explain the error and inform
her with as much courtesy and pains as
time will permit, that she must go home
and have the mistake rectifed before she
can have the money. This she does not
understand. and you can plainly see that
she entertains her suspicious" of the
bank. Its her Jim's money, an she's a
right to it when he tells her to come and
get it, and she half threatens to have
the law on the place" if the cashier will
not stand and deliver.
Time is being wasted, and the crowd
becomes impatient, and, finally, some one
In the line assures the old lady that the
matter will be 'all right" If she will
follow the advice of the cashier So off
she goes, mumblings Then comes man
OF about 30 or 80, looking quite prosper
Gus, and holding bank book in which
number of bills are snugly reposing.
"You can't deposit any more money,
sir, your account is full" says the re-
ceiver
mo more money! Why, what do you
mean by that? Thought banks would
take as much money as you'd give EN-.
eve are not permitted to allow any one
to deposit more than $1,000, and your &C.
count has already reached that amount,
find"
:'Must l draw it out then2"
ooh, no; you can allow it to remain un-
til, with interest, 1t accumulates to tho
extent of $1,000 After that time, al
though you may let the money remain
here, it will draw no more interest"
Queer business, that" cxclaims the
prosperous man, who thereupon takes
himself off.
This may seem queer business to the
person who knows nothing Of savings
banks, yet it may be explained by the
for well to do people Init for folk Of hmm.
BILE means. OF course. If Won are fortu.
nate enough to have al 900 in one bank
you can 90 to another bank and omen an
account but if the officials have any rea.
son to suspect that Won are a man If
means they may question you very close
replies. thew are at liberty tn reject yonr
Offering altogether.
Here comes a mother asking n abe will
be permitted to denosit money in ber
child's name altbopoh tho cb;Id 10 onlv
two or three months Old. She finds that
she can do So and Isl she t. dai; IJ 10
There are a great MANY calls a. tbs sov.
ings banks for purposes of this sort Pa.
rents, also, frequently deposit small sums
on the anniversaries of their children's
birth. and thew allow tho monev IN va.
main in the hank and occ,,mMlo{o nrtSl
the children s.coma of orc :" Exocn+oro
often nsa these hont. 70 danos;. . ~
funds Of an esto+o dnr;, ~ rs 800 .e
the law allows tbem for sa sH 49, ~ ea az
foirs Pej;o-;o,s 81 ,hoL.oI1 $500 ~
t;one ora ayenn+ fnor, a. g. 0cn $500
tion Tbe avaroaa rota of $i $1,000 .s' na;d
hv the Msssachnset+s " ser ~ hauIs p.
yeor wos 4 "a nov cant 'AlA' '"''
Two Iras ~ naorI. ..,,.,.
tho borL o,o ~ p po,. .o.e aIl nI .o
taIlor anJ ~ ~ soS w 'no As
taller Mon wo,oen hnus w "a ~ LII, p ,yaLs
nm tba crond $500. "na sa.. go ..'' nc
S a+nrJo,.s rh ~ se,iIN, Y1peonny IN
tha rlans LII n ..S.Sn VIII .ioop in.o
sor tha r'ari,o+, o Laws , sIneiS
vourn onae. o' aas,, =. .UI oio.4ug .no
$500. g' - pelnaps .nere rs fanny
~ %, "a. dIion "a eune sinu on !9ot' anu
10y ~ .o an maus snare u tLe sPon. Doys
tho,s &C.. do, .ey Pi1 Ti' Wn1n eIey ihaAe
-. .ne ~. ir ~, ueposlts; iney aireaoy Degln
s.a iSvi nae oep a;.l anu .ney are gen
Moul p,et.y o, ta.saiul W snelr savihgs,
girls, newSboys. bootblacks, young ex-
4uisi'es whose latners nave given Them
some pocket money Oh conoltloh that