The Archive · 1937

People's Banks Proposed

The management of industrial me terests by groupe seems to be taking Foot, There is. talk of establishing people's banks for the purpose of furnishing credit, specially to far ners and small trades people, The project is some the Tines of ce-operation, a scheme that was Jaunched nearly 100 years ago. in Lancashire by a group of weavers Known og the Rochdale Pioneers, The movement is divided " Into several sections, such as agriculture, industrial distribution and credit and insurance. Tt remains to be seen whether the plans into row established Institution

Text read from the printed page and cleaned; old type leaves the occasional error.

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