Casco Bay breeze. [volume] (South Harpswell, Me.) 1901-1917, 1907-06-27
Enormous Hidden Treasure
~ II. G. HUNTING.

A stocking full Of gold-a stocking
that holds millions Of dollars-is hid.
den away somewhere in the rural
districts Of America. It is q tremen-
dous stocking and It Is certainly
known to hold 80 many millions In
Uncle Sans money that. II It could
be found and appropriated by any in
dividual treasure seeker. Mr.. Rookie
Teller would lose his claim to the
much heralded title of richest man.,
and Captain Kids tabled deposits Of
Spanish doubloons would forever az
ter seem an Insignificant bait to the
dreamer's cupidity.
But II Is neither tainted nor blood
stained money that is in this great
stocking. 1t Is good money, clean
money, money that has been honestly
earned and saved; money that repre-
sents patient, persistent toll and
steadfast virtue, money of which
America has a right to be proud
above any other portion of her
wealth.
1t is figurative stocking. however,
Its actual shape is multiform, and in
cludes not only many of these old
fashioned. time honored, insecure
banks of the people which justify the
name We have applied to the whole
class. but all the other possible and
impossible form of unsafe deposit re-
ceptacles that apprehensive ingenuity
has been devised. And the American
farmer owns the stocking and the
money in 1t. Organized effort is be-
m I'm, 20 hi -
gold from its rusting place and allow
1t to be used for his own and others
profit, and that he is beginning to do
so has revealed more fully the half
guessed secret of his wealth.
Certain of the big banks of the
larger cities are reaching out to make
the farmers their clients. Realiza-
ton has come to them that the farm
ers' unused millions are wasting their
power-an untold, uncomputed pow
er-and it is their effort now to es-
tablish, in the owners minds, a sub
stitute for that deep rooted fear
which has prevented their hoard from
passing into others custody. A rea-
soning confidence, among the farm
ers, in sound institutions, that will
bring about mutual benefit is grow
ing as result.
Banking by mail is the popular
name of the new service the big
banks extend and which offers the
farmers and all other classes of peo-
pie who live at distance from bank
ing centres, not only safety for their
funds, but interest at a rate some
what advanced over that ordinarily
paid on deposits. 1t is stated by
bankers who are making a speciality
OF this branch that, so far as is
known, not one dollar has been lost
in transit between banks and custom
ers in this service; that safe invest
ment has been secured for large sums
already deposited; that depositors ar,
satisfied and pleased and that conf
dence is growing. All signs indicate
success for the movement and there
is every reason for general satisfac-
ton that so large an amount of un-
used money is being brought into USE
ful circulation. The farmer is not.
as rule. a Spectator and none of
his funds are now going into un!
wholesome investment. Conservatism
on the part of his bankers meets his
hearty and growing APPROVAL and.
along lines of most careful manage
ment for protection of the deposi-
tors interests, lies the future success
of this, as of all sound banking plans.
Technical World Magazine.