The Portland daily press., 1900-01-19


..,,..,,. ar -.
1870 49, s..,.... :, 1880. h.nn,ns.
-. !. ~. r.c.,v,n.
...-,.-.. a. $500 :, ~
:. "
ISSUING pass % w s."s' o
a'e Wv oasa '"on..e " ,',n
70" luz . r'eu' ~. e's'y we - -
~. ~ eNpeo.' .oA. .ss's."s
~. sa''.o" .H1 .up.' y.
VI i'sss De"' s."' w."
pio'.os .epo'iSors 'ner"'
po's'oie snas su0a .ssai~ 0.u 70 s..,...
o.oe, l"i'"ousa .", p
70
o" VI 40" i'suas P
n'..' a' n''' 70
'so'oO' - 10" ~, -ss,,- .,....s.
Us, ~ - ,.,.I o. IN. 9TH.
~ ,.nd a.. n,...nt law, relating to char.
tered Institutions are the result Of such
experience, and have boon improved rom
year to year until now they seem to Afford
all the protection the public can reason
ably expect.
The Legislature would have the same
constitutional power to take away entire
ly the right Of the private Individual 70
conduct general banking business that
IL would t. regulate IT, ihis wouia piaoe
all banking business within the prov,s-
ions Of the present banking laws. which
are the results OF years OF experience. Inc
expense OF obtaining charter 10 uinina'
and thos, now conducting private banks
might easily obtain such authority 70
continue their business. This would sub
jeot all alike to the regulations ana re-
stirotions already enacted for the proteo-
tion OF the public. IL would seem TO Dc
much letter to enact this sweeping pro-
vision, and thus take advantage OF past
experience, than to attempt to formulate a
new set Of laws for the supervision and
regulation Of private banking.
SAVINGS BANKS,
T,.r a.. af,v.on. sav,n.. hank. now
,,,,. hr.,r..s ,r A.. Stat.
tn ,nn,h.r. ., danos,,o,s ha. ,ncrs..s
> e7x "a ~. ,.,o.,,. "a ,.s 500 % =.
-. ,,. :, sas a. d.ros,,ors
a, 81. enc &c - s.s,.. a,,.,.. a..
"N 49, - -. a., q, a.,
10. 80 .,.,....,. =.
~. 'o0'l,' INV " ' ~. - -,
" " 49,. ~..
k-,n ~ .A.e . - l.,
"n"e 'n.'' A- ~ -. s
w, o.', W" - -. - q,
saiu' " a. ...-,-S -. -.
oioo'' 'e'' ~
49, os, co. os
Ahe in'' o"s. ~ u'pe','' -
III oAoesS VI Sn' '"ou"s '
o.eui's" uu''ps 'n0 'ea' "aN A :"
ea'''-n'.i gu ~. sn.'0 '1'on''
az q"i'e p'rs'on y, 'n'' 'no VOC
..N sN uPo' Ns
A'
'. 'Ao .'e'o No" "oooA
no' oA0's" one nunareu oo''aif. "a' ~
P ~ - -.
8, .hs ,,., =, a.,..,,o.. ,ra,,.,,,,
th., the greater no,tion AZ the nav do.
ro.,,s mas com. from, ,boss whom savings
h.nts ~. aos,nrsa ~ ..rva
Ths ,mount d.posit.d for the vsnr. in
,,ud,po tn, d;video5s oredised. ia si3 SCI
M. ~ and tho v,tbdrava,. an III 14h az
=. a,.,n., s,a "a, $40 4, and sio s.7 3yo
"a rssn.c,,v.lv for 1853
Ths large inors.se in prsm,uws maid
Is sps IN thu fact that nearly svsrv ssour-
,tx suitable for a savings hank tn mr.
chas. IL now selling above mar. making II
necessary when purohasine 10 increase
thi. .cccnpt The hanks have. however.
ont Of their wears earnings sa41. !.
~. N +, ra1u,e this aocount-a sum In
excess of the average amount that would
h. reouirad annually to balance IL at the
maturity of the securities for the pur-
chase of which IL was created,
In view or the many entertainments
with which these Institutions have been
IL Is a source of qualification
TO note this unusual growth and substan-
tisl prosperity.
7, .ae,,,o, e.. ,h. .r. ,,. Stat.
,a,iv.s ,h.r.,ror, ,,s, .d..n..,. a, Gov.
,,s,i,,,,,,n. =, 81, ,n,a ,.n.r.,v