Part II: Insurance and Thrift 



CHILE. 



THE FIRST THRIFT CONFERENCE AND THE SAVINGS 

 BANKS OF CHIIvE. 



SOURCES : 



BoRROS BoRGONO (lyOuis) : I<as Cajas de Ahorros (Savings Banks). Communicated to the First 



Thirft Conference. La Informacion (organ of the savings banks), Nos. i to 7, Santiago, 



April to October 191 6. 

 R.OMERO Herrera (Alberto) : Las Cajas de Ahorros (Savings Banks). Antecedents, Chilian 



Regime, Conclusions. Communicated to the same conference. La Informacion, No. 8, 



Santiago, November 191 6. 

 Arce, I^eoncio : lyOS resultados lejanos de las Cajas de Ahorros (The Far-Reaching Effects 



of Savings Banks). La Informacion, No. 5, Santiago, August igi6. 

 Baez.a Espineira (Agustin) : I,o que significa la Poblacion agricola de Graneros {What the 



Agricultural Colony of Granero represents). La Informacion, No. i, Santiago, April 1916. 

 El Mercuric, journal of Santiago, years 1915 and 1916. 



Our readers are already aware of the importance acquired in recent 

 years by savings banks in Chile. We have already had occasion to notice 

 in this Review the influence of these institutions on the development of 

 mortgage credit in the country (i). The importance of Chilian savings 

 banks becomes however more remarkable when it is remembered that 

 Chile is not an exclusively mining country but eminently one of agricul- 

 ture and colonization, and that a large part of the capital accum.ulated 

 in these banks emanates from the rural districts. The actiivity of the 

 savings banks is therefore largely directed towards procuring advantages 

 for the rural population. 



(i) See Monthly Bulletin of Economic and Social Intelligence, March and April I9i3» 

 pp. 93, 109. 



