The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1916-05-30

cal people did it. If you expect 10
have any more, YOU local people are
going to have to keep doing it. Quit
looking away off yonder for some one
to do something for you, he is not
| going to do it and the sooner YOU
make up your mind to that fact. the
| better it will be for you.
There is another way for YOU TO
increase the resources of your com
munity. If you knew of a party liv-
ing in Charlotte. who had 500. 600
| he wanted to invest in city or farm
property, and you got in touch with
| this party and induced him to locate
and invest his money at your place.
you would naturally feel that you
| mad done great good for your COM
munity, you would have brought in.
to it 100000 of new money. Sup
Eose, on the other hand, you induced
| some insurance company or some
| outside investor to place through
you, to be loaned in the community.
| 100000 on city and farm lands,
| have you not done the same thinl
as though you had induced a party
living in another place to come to
your town and invest this amount of
money? Building & Loan Asso-
citation Is capital thing for a town,
and every town should have one. 1t
is also good thing to have people
| ~, uyho Il
money on real estate, and while
these, to certain extent, help build
up your community, the amount of
good they do cannot be compared
with the good that you will do il
Will bring into your community
money that has not been there before.
You may lend that 100000 to a
hundred different people who will!
use it for one hundred different pur-
poses. at the same time the money
has been brought in the community
and Will increase the value OF prop
erty and lower the interest rates on
| real estate just the same as though
it was all owned and invested bv n
new conner. 1t will put 100000 OF
new money in circulation in your
community, part of which you are
bound to get on deposit. We have
some money lenders in our town who
two years ago would not think OF
lending money for less than 8 pc,
cent, and then would have nothing
but the cream. To-day they are beg
ging for per cent loans. and ar,
not near so particular about the class
OF paper. Do you know what has
brought this change about? We in.
duced insurance companies to come
In and loan money on real estate.
We bankers, to my mind. have Z
powerful influence with the peopl,
or our communities. We should
bear this in mind and try and start
things going along constructive lines
We must do constructive work. W.
must stand always for the best In
the community. If you are really q
good banker and have your ewes
open for business. you must know
that If your community grows. ycu
are certainly going to get your share
OF the business. You should dc
everything you can to push your
community forward. 1t is simply
wonderful the influence YOU have
1t is up to you to exert that influence
in the right way.
I believe that il is the banker.
duty to stamp with disapproval any
enterprise that is OF a speculative
nature that is trying TO be fostered
in his community. On the other
hand, ii is equally as important for
you to get behind and boost with all
your might any real good suggestion
that is made. You have heard \
number of people say that what the
community lacked to make it sue
cess was ideas, and they often 20
out and try to hire a man to furnish
ideas. That is not what you want
In every community you can always
hnd plenty of ideas. What you real
ly want is someone that will execute
the ideas that are presented. See
that the good ideas that are pre-
sented for the benefit of the commu-
nifty are pushed along towards sue.
cess, use your influence in your
Chamber of Commerce or with your
business men to see that this is done.
\ banker should have n greater
aim in life than y y,nro r,ott., 80