New Use for Slot Machine Propsed as Automatic Savings Bank
An Italian, Signor Ernesto Artomi, proposes a public automatic savings bank using a slot machine. Depositors insert coins, receive a receipt, and later convert receipts into a bank libretto with 4 percent interest. The device works 24/7, unbound by bank hours, enabling even penny savers to earn interest. The system aims to promote thrift in towns, stations, factories, and saloons, with receipts dated automatically.
MENTIONED IN THIS ARTICLE
Ernesto Artomi
Italy
Savings Bank
New York Herald
America
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