The Cooperative Peoples Bank La Caisse Populaire

Cover The Cooperative Peoples Bank La Caisse Populaire
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The value of the tree is to be judged by the excellence of its fruit and what we are going to relate should induce one to think of the future possibilities that are in store for the colonization of the im- mense territory yet to be settled in Canada.
On November 2, 1910, at the invitation of the parish priest of St. Damase of Matane who wished to organize a cooperative bank in his parish, we had the pleasure of visiting that locality, mainly inhabited by poor but courageous settlers. The popula
...tion consisted then of about 700 souls. As else- where in Canada, the settlers of St. Damase are industrious, honest, and full of that energy which is needed to conquer and settle new land. But settlers are generally very poor, and 37 we confess that we were not very hopeful about the success of a cooperative bank among them.
From the start, however, members were eager to join. But our apprehension persisted for some time, for we could not believe that the enthusiasm shown at first would con- tinue.


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