building-society

Updated: May 29, 2025

The building-society is thus a savings bank, where money accumulates for a certain purpose. But even those who do not purchase a house, receive a dividend and bonus on their shares, which sometimes amounts to a considerable sum. The accumulation of property has the effect which it always has upon thrifty men; it makes them steady, sober, and diligent.

Samuel Smiles - Thrift