Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1914-12-15
Put IL in the Bank,

A week ago The Enquirer advised
need to put it in the bank-the bank
Of their preference.
To business people this advice Is un-
necessary for that is exactly what
for safety, for convenience, and be-
cause they understand how it helps
other people and the country generally
This thing Of boarding cash is very
foolish. We are not disposed to cen
sure anybody for anything Of the kind
but still it Is foolish. There is no sense
in ones carrying around more loose
money than Is necessary for his needs
1t Is more convenient in the bank, 1t is
safer there, and it will do more good
there
OF course we have a pretty accurate
general knowledge Of the views that
our readers have on this subject.
We have some readers, good men
and women, who have been accustomed
all their lives to holding on to all the
ready cash that comes their way until
it becomes necessary to make a pur-
chase or pay debt, and then they give
it over directly to the merchant or
creditor as the case may be. They
never think of depositing the money In
the bank and paying by check because
they have never been taught to pay
their debts that way
We have some readers. too, who are
suspicious of the banks. They either
remember themselves Of bank failures
in which depositors lost money or they
have been told Of such failures, and
they feel that they should take nc
risks.
We have other readers, hundreds OF
them, men and women Of large finan-
cial resources, who would not think Of
carrying around In their pockets or
keeping hidden away 30 much az q
twenty dollar bill, simply because they
know that that bill is safer in the bank
than it is in their pocket or in any hid
ing place they can put it.
1t would be foolish for us to say that
there is no possibility Of bank failure
There is no human institution that is
absolutely safe. But we have no heSi-
tation in saying that each and every
dollar on deposit in York county
bank is more secure to the owner than
is any other dollar that or any other
owner has outside of bank, whether
on his person, in hole under the
ground or elsewhere.
One Of the first reasons for deposit
ing all money over and above such
change as is necessary for immediate
use in a bank is security to the owner
thereof, and another reason is the bene-
fit that will come to this locality gen.
orally, and to the depositor himself.
AS illustrating what we mean, we
suggest that any reader hereof who
happens to already have or who may
come in possession Of roll Of bills. to
examine such bills and note how many
Of them come from the First National
bank Of Yorkyille, the Peoples Natipn-
al Bank or the National Union bank Of
Rock Hill. the First National Bank of
Sharon, or the First National Bank OF
Fort Mill. The point Is that those bills
represent somebody's deposits which
are going around doing business and
loosening things up, and II the real
owners Of this money had. instead OF
deposit!ng 1t. kept 1t In their pockets or
hidden 1t away. It would not now be
available for the man who Is using ii.
We mentioned these national banks
instead of the state banks only be-
cause the bills they have issued may
identified. The money deposited in the
Bank Of Glover, the Loan & Savings