Evening Republican, Volume 23, Number 96, Rensselaer, Jasper County, 20 April 1920 — Thrift In Chile. [ARTICLE]

Thrift In Chile.

; The Scots and the French had better look, to their laurels as saving peoples. Chile bids fair to rival them. During the last Ten «yetes savings stitutions have risen considerably in number. In 1910 there existed' In the entire country but a dozen independent institutions carrying the -of some 200,000 persons; their com-" plete savings amounted to only $4.- . 000,000 in American money. In 191 T deposits rose to 110.0Q0.000 Chilean pesos, which would equal atJout fourth as many American dodlara. . To this, in the year 1918, were added 50,000,000 more Chilean pesos. The nation has encouraged savings, through stamps and other substantial inducements. Incidentally it is worth while noting that lotteries are not permitted in Chile; down there they believe in getting-rich slowly and surely.