Every evening, Wilmington daily commercial., 1920-08-19

money on intercst-bearing notes TO re-
liable farmers who wish to purchase
better livestock. =.
Fifth, that bulletin racks be placed IN
the banks.
Sixth, that bank members extend
liberal credit to young farmers VINO give
promise of success
In pursuance of this program, Dean
McCue showed that the banks bad assist
ed bows and girls to purchase 50, ia worth
of pure bred stock; that the banks gave
35 scholarships, making 1T possible Tor %
bows or girls to go to Newark Tor week
instruction in agriculture and home
economies; that more than 1000 farm
account books were distributed; that 81
head of mature pure bred animals, repre-
sentinp an investment of SIC, 900 have
been brought into the State through the
cooperation of two banks in New Castle
county.
Continuing, the dean said:
Zone of the weakest links in our train
ing of young men for agriculture, is that
when we turn then out of college they
have no capital and can see no prospects.
Many a good farmer is spoiled to make a
poor salesman, Just because he did not
need capital to enter the salesmansbip
game. 1t is much easier for young man
| to get capital to start grocery store than
TO start n farm.
| Delaware is unique among the States
of the Union in that she is the only State
which does not support her agricultural
| extension work v local county appropria-
tions. In some counties in New York and
| New Jersey, over $4,000 is appropriated
bv certain counties. If county agent work
| Is to become stabilized in Delaware IT
must receive financial support from the
counties.
'sYour association can be of great aid to
Delaware agriculture by supporting
measure which would allow the several
Levy Courts or boards of county COM
nlissioners to appropriate money for
| agricultural extension. Delaware, outside
of Wilmington is strictly rural and IN
these rural districts general prosperity
and progress depends upon agricultural
prosperity and progress. The banks of
rural Delaware are vitally concerned IN
Delaware agriculture.
ri am anxious that Delaware people
should know what we are doing at the
college and hope TO do for the progress of
agriculture in Delaware. | ask your CO.
operation in our endeavOr to put Della
ware in the forefront of the forces of good
farming, which means more prosperity,
I
SAVINGS AND SAVINGS BANKS.
Speaking on Savings and Savings
Banks Robert ID. Kemp, president of
the Artisans Savings Bank of Whining
ton, said that the surest way TO financial
success, in greater or less degree, Is in being
thoroughly thrifty, with the essentially
attendant practice of economy.
Morally it would appear to be the
duty of every one and particularly those
who have others dependent on them, to
faithfully and persistently follow this
rule" he continued.
at would do us good to learn the lesson
of true economy. 1t Is not expressing IT
too strongly to say that we do not always
practice as much self-denial as we should,
and the little extras, and the little pleasures
we allow ourselves, could be turned into
savings that would not only help us and
our families, but would add to the general
wealth of the country, if we would only
turn our will power in that direction and
make a reasonable sacrifice OF non-esSen-
tials.
''The two great needs Of our country
today are production and savings. In
the minds of some deep thinkers, it IS .
question whether we will ever return to a
normal basis until out of the combined in
dustries of our people a greater yield is
produced, and out of the combined Wis
dom of our people n considerable part OF
this greater yield is conserved
ALLOW me to correct an erroneous I'M
preston that has grown out of a state
ment recently appearing in our news
papers. Delaware was reported as being
thirtv-ninth In respect to bank deposit
accounts in the United States. There was
no purpose to mislead in this statement,
because it did not relate TO savings de-
posts and commercial deposits IN our
State banks and trust companies, but only
to deposits in our national banks. The
fact is that the savings of Delaware people
constitute a very considerable aggregate,
even by comparison with larger States,
and the number of persons who are savers
in Delaware is minently respectable.
Eve have in Delaware two splendid
savings banks, if | may be pardOned for
complmenting the institution to which
/ belong, as well as the other very ex-
cellent savings society in Wilmington. Ir
addition number of banks aDd trusf
companies in Wilmington and Throughout
!. | the State have their savings department:
for the special accommodation OF thel
own customers.
: "WhiIe the exact figures are not avail
able, | am confident that they woulC
show Delaware to be in point of number
of savings depositors and aggregate 0
amounts saved, well up in the roll o
States. The two Wilmin gton saving
banks alone have one depostor for ever,
three of the population Of the city, witt
deposits totaling about s20,000,000.
SAVINGS PANKs IMPORTANT Role.
''The savings banks of the United State
are an integral part of the great banker
> organization of the country. known as tn
American Bankers Association, and m
, one of its several sections is accomplish
/ ing more for the general welfare than tn
! savings bank section, which meets an
: nually, attended by representatives from
every part Of the country. who give mos
+ careful consideration TO questions affect
} ing the integrity of its members and tn
| adoption of the most progressive measure
for the improvement of their service t.
e the people.
Zone of the most encouraging signs 0
the times is the cordial cooperation 0
bankers in the great work of caring 70
the moneys of the people. and tenderln
them the best service possible in all tn
varied activities in which banking may b
helpful. Itis great personal pleasure Il
sav that this is shown in a most strIkln