The Brandon news. (Brandon, Miss.) 1892-1961, 1905-04-13
THE CONVENIENCE AND HELP
FULNESS OF BANKS.

THE CONVENIENCE AND HELP
FULNESS OF BANKS.
Human nature is such that it often
sees evil rather than good in the va
rious institutions in our midst. We
are prone to think of the profit
merchant makes on the article Of mer-
chandise he sells US and we seldom
think Of what great convenience it
is to have place we can go to and
purchase what we need in any guam
tity we wish. If there is factory
near us to which we can carry our raw
material and get the market price we
are apt to suspicion that the manu-
facturer is paying us too little for our
material and making too large profit
on the manufactured article. We
forget that our raw material would be
worthless without the factory and
many Of our people would have to
seek employment elsewhere if it we're
not for men who are willing to invest
their money in manufacturing enter
prises. We are not as generous and
pure minded as we should be unless
we try and see the good as we'll as the
evil in men and institutions. My
re ader may ask, what helpscan bank
ers be to any community? First
banks are places constructed specially
for the safe keeping and preservation
of money. The vaults in which the
great steel screw door safe is kept is
built fire proof, and in measure,
burglar proof.
The heavy steel safe is so construct
ed that burglar cannot get into it
in the usual time he has to work.
The large screw door aud the time
lock make the bank safe place for
money and valuables as it is possible
for men to construct. The men who
organize and own bank invest their
money in it for the special purpose of
lending it to the people For in
stance, if the capital of the bank is
$l0O, 600 there is just that amount put
in the hands OF the officers of the
bank to &c loaned to the people who
need it for the purpose of merchan-
dising, manufacturing, farming etc
Few enterprises could be maintained
If it were not that bankers are will
ling to lend money to people who do
not have quite enough of their own to
carry on their business successfully.
Of course banks take ample security
| for the money they lend, but the
borrower is willing to give it, and is
grateful for the accommodation.
| Aside from the help banks are to
the people, they are great conven-
fences to the people in affording them
safe places for depositing their money
It has become dangerous for people to
keep their money at home
| We hear so frequently of men and
sometimes whole families being killed
| by robbers in search Of money. It is
not at all safe for it to be reported
that man has money on his person
or about his premises. It is only q
matter of time when an attempt will
be made to rob him and in nearly
every case the man not only loses his
money but his life also. So it is not
only best for man to keep his money
in some good bank but it is also best
that he let his neighbors know that
| he keeps no money at home.
When a mans money is in the bank
be can pay all debts and bills by SIM
ply writing check in favor of the
party he owes. Paying debts by
means Of check is better than pay
ing it in money for d paid check
serves as receipt for the money and
ends controversy. IF men are not
willing for their money to be entirely
idle they can usually find some good
bank that will pay them small in
terest provided they will deposit the
money for at least six months.
Every man who has any money at all
should open an account with bank
It he is ignorant about how to proceed
any banker will take pleasure in ex-
planning it to him fully. If he will
just step in the bank and tell an en-
ployee that he wishes, to leave q
small sum in the bank for a short
time, every detail about opening an
account will be fully explained.
Farmers do not use banks as much
as they should.
The cotton buyer usually gives the
farmer check for lis cotton. The
farmer takes it to the bank and col
lects the money and either pays his
debts with j or carries it home. It
would be much easier and more con.
venient if he would give the check to
the banker and ask him to credit him
with it, get q certificate OF deposit