Our Savings Deposits
….
We ended the war with $61 million dollars in our banks, in
time certificates and savings deposits.
Our surplus cash in the banks of North Carolina today is
more than we have been able or willing to invest in church and school
properties—church and state, public and private—in 250 years of history!
It is just about equal to the total we have invested in
motor cars during the last 10 years!
If ever again we talk about being poor in North Carolina, we
ought to be ashamed of ourselves. We are rich enough to invest in anything we
really care about—in church purposes, college endowments, school houses and
school support, improve highways, whatnot. If anywhere we ever again balk at
investing in these primary agencies of civilization, it will be because we are
incurably tight-skinned and close-fisted.
The day of pint-cup thinking about the big-scale concerns of
life and destiny is surely at an end in the Good Old North State.
Three counties have no banks—Camden, Currituck and Graham.
And seven counties with banks have no savings deposits or time certificates in
December 1918, or none reported—Clay, Dare, Jackson, Macon, Stokes, Swain and
Tyrrell.
Million Dollar
Counties
New Hanover and Forsyth lead the state with $110 and $106 per
inhabitant, county men, women, and children of both races.
Forsyth is far in the lead in the grand total of
bank-account savings, with $6,428,000 in round numbers,….has more money laid
away in bank savings than the 670,000 inhabitants of the 43 counties at the fag
end of the table in this issue.
Our Bank Account
Savings Per Inhabitant in December 1918 (Corrected)
Department of Rural
Economics, University of North Carolina
New Hanover, $110 per person, $3,866,363 total savings
Forsyth, $107 per person, $6,428,273 total savings
Durham, $69 per person, $3,111,224 total savings
Vance, $47 per person, $1,027,386 total savings
Granville, $43 per person, $1,140,873 total
Wilson, $43 per person, $1,396,316 total
Scotland, $43 per person, $772,636 total
Nash, $43 per person, $1,827,117 total
Pasquotank, $40 per person, $797,321 total savings
Guilford, $39 per person, $3,264,474 total
Alamance, $35 per person, $1,106,301 total savings
Mecklenburg, $34 per person, $2,643,191 total savings
Rockingham, $32 per person, $1,245,895 total savings
Craven, $31 per person, $836,418 total savings
Hertford, $31 per person, $503,074 total savings
Cleveland, $30 per person, $996,566 total savings
Surry, $30 per person, $1,006,344 total savings
Carteret, $29 per person, $456,044 total savings
McDowell, $27 per person, $390,243 total savings
Martin, $26 per person, $476,320 total savings
Catawba, $25 per person, $846,762 total savings
Duplin, $25 per person, $693,829 total savings
Lincoln, $24 per person, $450,874 total savings
Person, $24 per person, $428,912 total savings
Orange, $24 per person, $372,610 total savings
Chowan, $23 per person, $277,922 total savings
Gates, $22 per person, $229,113 total savings
Pitt, $22 per person, $924,961 total savings
Gaston, $22 per person, $1,006,659 total savings
Beaufort, $21 per person, $533,843 total savings
Iredell, $21 per person, $829,959 total savings
Cabarrus, $21 per person, $626,405 total savings
Franklin, $20 per person, $482,913 total savings
Bertie, $20 per person, $497,469 total savings
Wake, $20 per person, $1,413,695 total savings
Pamlico, $19 per person, $220,852 total savings
Davie, $19 per person, $271,633 total savings
Wayne, $18 per person, $734,395 total savings
Rowan, $18 per person, $804,859 total savings
Randolph, $18 per person, $548,806 total savings
Lenoir, $18 per person, $472,511 total savings
Halifax, $18 per person, $800,027 total savings
Washington, $17 per person, $198,868 total savings
Yancey, $17 per person, $212,163 total savings
Onslow, $16 per person, $256, 193 total savings
Buncombe, $16 per person, $868,487 total savings
Columbus, $16 per person, $566,417 total savings
Wilkes, $15 per person, $504,380 total savings
Sampson, $15 per person, $486,015 total savings
Polk, $15 per person, $124,787 total savings
Edgecombe, $15 per person, $548,498 total savings
Cherokee, $14 per person, $230,833 total savings
Warren, $14 per person, $288,771 total savings
Transylvania, $14 per person, $105,736 total savings
Northampton, $13 per person, $295,071 total savings
Alexander, $13 per person, $158,362 total savings
Jones, $13 per person, $115,578 total savings
Henderson, $13 per person, $244,983 total savings
Rutherford, $13 per person, $398,775 total savings
Harnett, $12 per person, $348,145 total savings
Pender, $10 per person, $173,627 total savings
Burke, $10 per person, $248,780 total savings
Stanley, $9 per person, $231,439 total savings
Johnston, $9 per person, $457,592 total savings
Montgomery, $9 per person, $140,953 total savings
Yadkin, $9 per person, $156,595 total savings
Bladen, $9 per person, $160,142 total savings
Ashe, $8 per person, $146,818 total savings
Perquimans, $8 per person, $99,390 total savings
Richmond, $8 per person, $181,883 total savings
Brunswick, $7 per person, $115,296 total savings
Greene, $6 per person, $85,245 total savings
Davidson, $6 per person, $227,549 total savings
Alleghany, $5 per person, $37, 885 total savings
Madison, $4 per person, $74,580 total savings
Anson, $4 per person, $114,296 total savings
Hyde, $2 per person, $18,688 total savings
Caswell, $2 per person, $34,182 total savings
Union, $2 per person, $76,643 total savings
Camden, $0 per person, $0 total savings
Currituck, $0 per person, $0 total savings
Graham, $0 per person, $0 total savings
Clay, $0 per person, $0 total savings
Dare, $0 per person, $0 total savings
Jackson, $0 per person, $0 total savings
Macon, $0 per person, $0 total savings
Stokes, $0 per person, $0 total savings
Swain, $0 per person, $0 total savings
Tyrrell, $0 per person, $0 total savings
Ten counties are omitted for lack of authoritative population
figures: Avery, Caldwell, Chatham, Cumberland, Hoke, Lee, Mitchell, Moore, Robeson
and Watauga.
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