A TREATISE ON 32275 CO-OPERATIVE SAVINGS AND LOAN ASSOCIATIONS INCLUDING BUILDING AND LOAN ASSOCIATIONS WITH APPENDIX CONTAINING LAWS, PRECEDENTS, PREFACE. No form of direct co-operation among men of limited means is attracting more attention at the present time than the class of associations which we have grouped under the name of Co-operative Savings and Loan Associations. Professor F. B. Sanborn, Secretary of the American Social Science Association, at its annual meeting at Saratoga in September, 1888, in a report— the most complete ever made in this country relating to them-said very truthfully that "at the rate the building associations are now gaining, the time may come when their accumulated savings at any one time may exceed those of our saving-banks, and it is doubtful if any system of savings has been devised which has such a tendency to produce frugality among persons of small incomes as the buildingassociation methods." Their business methods have been little under 32275 |