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Updated: May 25, 2025
In 1841 the girls had to their credit in the savings-banks established by the corporations over one hundred thousand dollars; and many of them shared their earnings with brothers who sought a college education, or lifted the mortgages on the home farms. At the International Council of Women, held in Washington in 1888, Mrs.
The great majority of the houses are made of wood, are of small size, and stand in small enclosures. As mechanics have prospered they have bought land, and built such houses as were suitable to their means, obtaining loans of the savings-banks, which they have paid off gradually.
Don Mike was not such an optimist as to believe that the report of Parker's bank would be such as to encourage the outside bank to proceed further in the deal. He was also aware that the loan would not be attractive to commercial banks, who are forced, in self-protection, to loan their money on liquid assets. He must therefore turn to the savings-banks and trust companies.
The poorest widow was not suffered to withhold her mite, and, wherever she went, the pouting children of the household were forced to open their money-boxes and tin savings-banks, and bring forth the hoarded pence with which they had hoped to purchase candy and toys at Christmas and New Year.
It has been ascertained, both in England and France, that since the establishment of savings-banks in those countries, no criminal has ever been found to have been a member of one. How true a benefactor to his country has the young merchant Hagedom proved himself to be! May he live long to direct the savings-bank of his native town of Libau!
The educational interests of the city have kept pace with its rapid and astonishing growth. Worcester has seven national banks, four savings-banks, and one safety deposit and trust company. Among a number of newspapers the chief ones have been the "Spy" and "Evening Gazette."
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