[CHAPTER 11] INSTITUTIONS FOR SAVING AND INVESTMENT
References.
Chamberlain, Laurence, Principles of bond investment. 4th ed., 1913.
The work of the bond house. 1913.
Devine, H. C., People's coöperative banks for workers in towns, and small holders, allotment cultivators, and others in country districts. 1908.
Dexter, Seymour, A treatise on coöperative savings and loan associations. Ed., 1894.
Fisher, Irving, Kemmerer, E. W., Brown, H. G., and others, How to invest when prices are rising. 1912.
Guenther, Louis, Investment and speculation. 1916. (La Salle Uni.)
Hamilton, J. H., Savings and savings institutions. 1902.
Johnson, A. S., Influences affecting the development of thrift. P. S. Q., 22: 224-244. 1907.
Kemmerer, E. W., The United States Postal Savings bank. P. S. Q., 26: 462-499. 1911.
Kniffin, W. H., The savings bank and its practical work. 1912.
*Phillips, ch. XVI.
Wolff, H. W., A coöperative bank handbook. 1909.
Coöperative banking. 1907.
People's banks. 3d ed., 1910.
Questions.
1. What are the nature and purpose of legislation restricting the investments of savings banks?
2. What are these restrictions in this state? In your own state? In those states which are regarded as having the most highly developed laws in this field?
3. Is legislation in this field to be considered as subsidizing certain types of private enterprise? If so, is it socially justifiable?