Savings And Savings Institutions
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In our eReader you can find the full English version of the book. Read Savings And Savings Institutions Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Savings And Savings Institutions
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A remedy for this forms a part of what has come to be known as the Dayton Plan, which consists in the abandonment of the general series plan and the adoption in its stead of a form of individual series. That is, a person may join the association at any time during the year, and his stock will begin to mature and to earn dividends from that date.
Another feature of the original scheme, which is still generally in vogue, is the plan of periodical payment of dues, accompanied by the imposition of ...fines for deUnquencies. This provision is calculated to keep the mem- ber alert to his obligations to the association and to cause him to guard carefully the amount of his wages designed for this use un- til they have been deposited. This is the most effective inducement to regularity and method 142 SAVINGS INSTITUTIONS in saving. The Dayton system has aban- doned this provision and allows each member the benefit of whatever his payments actually earn. ^ But this seems to be an abandonment of the most essential building society princi- ple.
What to read after Savings And Savings Institutions?
You can find similar books in the "Read Also" column, or choose other free books by James Henry Hamilton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A remedy for this forms a part of what has come to be known as the Dayton Plan, which consists in the abandonment of the general series plan and the adoption in its stead of a form of individual series. That is, a person may join the association at any time during the year, and his stock will begin to mature and to earn dividends from that date.
Another feature of the original scheme, which is still generally in vogue, is the plan of periodical payment of dues, accompanied by the imposition of ...fines for deUnquencies. This provision is calculated to keep the mem- ber alert to his obligations to the association and to cause him to guard carefully the amount of his wages designed for this use un- til they have been deposited. This is the most effective inducement to regularity and method 142 SAVINGS INSTITUTIONS in saving. The Dayton system has aban- doned this provision and allows each member the benefit of whatever his payments actually earn. ^ But this seems to be an abandonment of the most essential building society princi- ple.
What to read after Savings And Savings Institutions?
You can find similar books in the "Read Also" column, or choose other free books by James Henry Hamilton to read onlineMoreLess
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