reliable interest security are fields for the investment of
savings bank funds.

Savings banks are subject to the periodic inspection of state
officers appointed for the purpose.

The failure of a savings bank through bad investments or the
dishonesty of officials is very rare.

Avoid all banks that promise more than the regular rate of
interest.

Private banks may be, and usually are, honestly conducted, but to
be safe, deposit only with a bank that is regularly chartered and
is subject to the inspection of the law.

The savings bank is the best for the wage earner.




CHAPTER X

NOTES--DRAFTS



The promissory note is a most useful kind of commercial paper, and
it is in general use in business.