The times. [volume] (Richmond, Va.) 1890-1903, 1892-03-13

The Manifold Advantages Embraced In the
Savings Banks.

Ahe Manifold Advhn'"So' - ~
s.xi,ps Banks.
Human ..,ra through all the ages has been
the same and the man who possessing the
least with but n trihe in his POCKET, InVari-
ably has found. at least In his imagination DIS
wants Ia be greater than he wno possessing
much requires nothing for his daily demahds
ACKNOWLEDGING this ndisputabie TACT when
is as true rs nature itself. the sa'iuss o1na'
OF this country have become a re- 80 IN
stituticn. which. while furnishing sure in Is
vestment for wealth. has proven source oi
relief and economy upon which comparative
poverty look, with pride and which tue toner
OF meagre means has hailed with deilgnt.
Almost on each recurring week the cieIA'
mechanic and labOrer find themselves US
sessed of a trifing sum at least IN excess o,
that demand for their sustehance or eAic'ou
to meet the current requirements OF family OF
friends. This by prudent husbandry IN many
instances has proven q nucleus about whicn
succeeding wealth has conferred ana iorhleu
foundation for accumulated independence.
There are numberless men Oh wealth, wnV
while they sit around their heartnstohe ae
evening musng upon their possessions. or
while engaged at their Offices IN clipping I'M
measurable coupons can date back tue Oegin
ming of their prosperity 10 the time when
small deposit was made IN o savings BANK.
The old adage that any fool can MAKE
money. but il takes wise man e save IL ID
i
tered.
1t has been rightly said. too. that this IS an
age of wealth There are greater induce
ments to-day for a man becoming inuepeh-
dent than there ever was. Inc days OF sens
| tlment and ancestral perquisltes are iast De-
inc pluuged into tho fathomless cavern OF the
dead and dying past. The young lords duKe
| and earls no longer sit in antlquated Darohles
and count the battles IN when their ore
fathers fought. or with ambitious pfiue un,
| sheath the sword with which they achieSou
| undyinc fame. They have been enyeiopedin-
| the nnicItv march of progress. and are eithro
| diligently revising thsir rent lists or are on
| the floor of the commercial exchanges, pere
| hans shoulder to shoulder with the cOmmoher
eagerly striving for the happiness or wealth.;
! Ii is a conceded fact that the hrst thousand
| dollars is the hardest 10 save. after thaI lheh
the vyav i often easy WHAT more accept
able way could YOU desire IN when 70 .uy -
this amount than 70 place 1t little by i4tI.S III
! a solid savings bank. owned ana mahsSeu "
! men Of honor and thrift.
In every way q truly modern institution
| embracing all of these advantages and re-
quirements. is the Union bank o. hichmonI'
| This bank was organized May 3. 1870. with
that prince Of integrity ana enterprise MT
| Isaac Davenport. DR.. rs president wnlch
| Office he filed cOnsecutiyely until July o.
1891 when Mr. James Miller. then cashier
was chosen his successor. MIR. Miner mas
| Deeu IN 1Qe DhNklIR buolltoo i-SoA'J go
life and his long experience and natural gu!
as financier makes HIM one or the mos'
competent bank presidents In the South.
The Office Of cashier of the bank Is filled Dy
Mr. Joseph Is. Beasley, VINO was assoSiAtei
with the First National Bank Tor number o.
years. and which position lie resigned 10 DC
como cashier of the Union Bank. BIT. peas
ley possesses all Of the reQuiI ements ana cI9r
! acteristics of a competent bank cashier. III
accuracy in accounts his capacity for promP
, dispatch of business and his unquesuohaol
Good Judgment as n tinancer make hlla uneA
Selled Inv any bank officer in the country
The directors also are an able body Oh men
Owing TO the iudicious and CONSERVATIVE
management OF the bank the stOcknolder
have been paid large dividends every yea
since the bank was organized.
Tho individual characters of the oihcer
and directors OF this bank nave proven OF 3 e1
| ceptiOnal worth. No BETRAYAL or conhdehc
or sacrifice Of personal integrity has eve
marked their administrations thus IN homes
energy their business IS prosecuted. "a cIeul
alike TO themselves and to the city IN who
they prosper. 49,,
This bank organized as it was immedlatel
after the links If commercial enterprise ha
been rudely and ruthlessly snapped asundeT
the mOmentous conflict which terminated j
1858. has amply demonstrated the aDsolut
soundness of the principles upon Whlch II
operated, aud during the several mohetar
depressiOns of the past twenty-five years VA
been found in every way more than equal [
the occasion. 1rne and tried. yet vigorous IN
thrifty. it presents the phenomenal conoin,
ton of youth and old age and Is o reliao
friend Of all classes and conditions OF men.
terious mutations of time. can rest assure
what portion Of his years of labor Will |
vouehsafed to his family. ii the earning OF u
sweat of his brow is risked in rcketty inyes
T ments. We are told in the Book OF BOOB
that he who provides not for his own hous'
| hold is worse than an lnhcel.