Loading ...Preface
THE complexities of modern economic and social life induce study and investigation into causes for chaos as the result of difference between capital and labor, the high cost of living and other such problems. There is no doubt that fundamentally lack of thrift in the average individual ; his lack of co-operation, of good management of his personal resources; his lack of prudence and economy are largely responsible for varied economic disturbances.
The savings institution during the past one hundred years of its existence has been of substantial value in providing a means for ameliorating conditions of poverty and inculcating principles of economy and good management in the individual. The outlook for the second century of savings banking in the United States looks exceedingly bright. As an agency for providing a remedy for economic ills, the institution will play its part.
The Savings Bank Section of the American Bankers Association has issued this book with the desire to promote further study on the part of the public of the subject of co-operation and good management of personal resources as they relate to thrift.
Milton W. Harrison.
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