Those statements also show whether those of small means are for
concealing it, or for putting it into the hands of competent managers
for investment. And if these competent managers approve of an enterprise
they will not neglect their client's interests by refusing to make the
required loan.
At present, they do not seek investment outside of corporate limits,
and, of course, the money they have been intrusted with, must be about
all invested, and cannot be called idle money, or there could be no
interest paid to its owners.
There will be no friction in the management of industrial enterprises
when this savings-bank depositor makes a direct investment. The voter at
the polls has his say as to who shall fill a political office, but he
cannot interfere in the work of the office itself. Neither will our
investor have the right or power to interfere. In short, the modern
industrial world would go to pieces even now, if it was run by its
million owners, instead of by its appointed or elected superintendent.
These small depositors are either laborers or in "business;" business
that they would enlarge if business of all kinds was not already
overdone.
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