Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1873 edition. Excerpt: ...occasional adventures in their old line. Retail trade again absorbs some. But probably the largest part of the funds finds its way into the associations known as "building societies." These "building societies" might with more propriety be called loan societies; their functions consisting in advancing money to be invested in building speculations, which, though for the most part undertaken by the members, are yet carried on on individual account, resembling in this respect the " Vorschussvereine" described by Professor Huber in his interesting paper on "Co-operation." These societies are extremely popular with the workmen; and as to their range of operations, the reader will be able to form some notion when I state that several considerable towns in North Wales have been almost entirely built by the capital supplied through this agency. Thus the pretty town of Bethesda, within five miles of Bangor, is almost entirely the creation of the enterprise of working men deriving their funds from this source. Llandudno, Rhyll, and Upper Bangor owe their existence in large part to the same cause. As to the substantial comfort in which the people of the quarry districts live, no one who has visited these districts will, I think, feel any doubt. Nor is it comfort merely. The style and finish of the workmen's houses are very remarkable, more particularly in Bethesda and the neighbourhood of the Penrhyn quarries, where the elegant model furnished by Colonel Pennant in his own village has been turned to Published in the " Social Science Transactions " for 1862. excellent account. A feature in the architecture is the variety of modes in which the staple material is brought into requisition. Roofing is but...
