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Nsw DUsINEss.-Ths Spectators in lots, real
estate, and granite companies have devised new
mode of raising the wind. The mechanics and labor


ing people have in the aggregate, about million d
dolSrs in the several Savings Banks For these de-
postes they receive 6ve per cent The SPECTATORS
very busy psrsuading the depositsrs to withdraw
their little of $50, $780, 500 each, by tempt
ing them with one or two per cent a month. We
understand that, during the last fortnight these chaps
have raised $500 900 by thus persuadng poor people
to withdraw their deposites. They give them Sc
curty, those baseless bonds and mortgages on real
estate cracked up to trpeits value One land specu
lator mas raised $4,000, in small sums, of the poor
who formerly deposited in the Savings Banks.


Now, such system of fnancerng as this, is highly
culpabe. II is the most ingenious piece of deception
we have ever heard Of The Savings Banks are per-
fsc,ly secure, and pay five per cent-but under the
pretence of paying per cent month, the poor depo
sitors will lose, probably, all the earnings Of their
lives.