Evening star. [volume] (Washington, D.C.) 1854-1972, 1938-09-24
FEDERAL SAVINGS
UNITS INCREASED
Rise of 13 Since July 81 to
1861 Reported-Assets
S1,238,O OO,0 900.

Federal savings and loan associations
In the country totaled 1881 on Sep
TENDER Is. an increase OF l3 since July
81, 1t WAS announced today by the
Federal Home Loan Bank Board. As
sets of these Federal-chartered thrift
and home financing institutions aggre-
gate 1855, 900, 600.
OF the total number of associations,
720 were former State-chartered insti-
buttons which have converted to Fed
eral charter. and GAL have been newly
organized as Federals. The converted
associations have by far the larger
part Of the total assets. the figure being
approximately 1927 100000
The whole history Of the United
States, the sources of its culture and
It's ideals, and the component racial
strains Of its citizenship are recalled
In the names of the Federal assoc,a-
tons Fred w. Catlett, member Of the
board, pointed out.
Classical Contribution.
In running over the names of the
institutions included in the regular
reports of the board, Mr. Catlett said
the classical contribution Is found in
Athens, Corinth, Syracuse. Paris. Au-
rora, Rome, Cicero and Carthage
Druid Hill suggests the monoliths of
Stonehenge, and Suffolk, Middlesex,
Leominster, Worcester, Bath and Dur
ham our English ancestry.
The Scotch are represented by Dun
dee, McGregor, Aberdeen and Glas-
gov; the Irish by Fitzgerald, Hogans-
vile, Sullivan; the Spanish by Toledo,
Salamanca. Andalusia, Alhambra
There are The Quaker City" Polish
American, Warsaw, Sobieski, Pulaski,
Bohemia, Lithuanian and Germania !;
the religious influence appears in 10y
ola and the Mormon in Deseret
Our whole history from Columbus
70 Roosevelt is covered, There are
De Soto and Coronado Colorful
names include Santa Fe, Escondido
Albuquerque and Tucumcari In the
North appears Champlain; farther
West and clear across the continent
stretch the reminders of Marquette,
Joliet and Hennepin San Gabriel.
Santa Barbara and Vancouver appear
along the Pacific Coast.
Named for Indians.
There are Pontiac. Black Hawk,
Chief Seattle, Pocahontas; the Iro-
quoN, Oneidas, Ottawa, Miami. Semi
mole, Cherokee, Omaha, Wichita.
Chickashaw, Shawnee. Cheyenne and
Yakima. The early frontiersman Is
recalled by Boone, erea Indian VIC
tory in Tippecanoe, a terrible defeat
and the last stand of great hero In
Custer of Broken Bow; the search for
gold is preserved in Ell Dorado and its
discovery in California by Fort Suffer.
No less than II of our Presidents
have associations named in their
honor. The early Colonial period has
Its Plymouth, Jamestown Salem, Penn
and Fort Pitt; the Revolution, Mount
Vernon. Lexington, Monmouth, Tren-
ton, Princeton, Germantown, Wayne,
Schuyler and Lafayette: the War Of
1912, its Perry and Jackson; the Texas
War of Independence, its Davy Crock
EFT; the Civil War is recalled by
Charleston Sumpter, Moultrie, Pc
tersburg, Fredericksburg. Richmond,
Sheridan. Even the statesmen are
there with Hamilton, Clay, Edward
Everett, Benjamin Franklin.
Indeed, as is fitting, the most popu-
lar name for this most modern mu-
tual thrift institution is the name of
that first American apostle of thrift,
Benjamin Franklin.