CHAPTER VIII

AS TO BANKS



No instrument of trade has done so much or is more essential to
the safe and progressive business of the world today than the
bank.

Every department of business, in our modern civilization, must
keep in touch with the bank.

Money is the blood of trade and the banking system is its heart.

The bank is as necessary to the thrifty farmer as it is to the
greatest railroad or the most wide-spread trust.

Banks are depositories for money not in circulation.

Banks have facilities for the safe-guarding of money which the
ordinary business man could not provide for himself.

Instead of running the risk of paying bills with money carried
about on his person, the business man, and every man with ready
money should follow his example, deposits his money in a
convenient bank, for which he receives a proper voucher in the
shape of a credit in a deposit book.