Here©s Georgia! LIBRARIES - the Digital Library of Georgia

FACTS ABOUT GEORGIA
York City real estate, and multiplied it many fold. Wisconsin
divided her share among the taxpayers. What other states did
with theirs deponent knoweth not, but Georgia©s one million and
odd dollars of the big Federal dividend went into the State Bank
to be loaned on farm lands, and disappeared in the cavernous maw
of insolvency.
The credit of Georgia©s counties is maintained on an equally
sound basis, the State constitution prohibiting the issuance of
bonds above seven per cent, of the taxable values, while strict
laws regarding bond validations afford still further protection to
the investor.
Georgia©s banks, conservative in management and successful
in operation, have always been characterized by a liberal policy
toward agricultural and industrial enterprises, and the man who
maintains a good credit has no trouble in financing his efforts.
As an illustration of this, when the European war temporarily
tied up cotton shipments, it was the Georgia banks that carried
the Georgia farmer and merchant through the crisis. A quarter
of a century ago State banks were few and far between; now
there are 700 of them and 114 National banks, an average of
more than five to each county.
The following table, compiled from the records of State Treas-
SHELL ROAD NEAR BRUNSWICK. GLYNN COUNTY