New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-04-04
Graduating Course.

After passing through the intiatory course anC
giving satisfactory evidence of thorough kDowl
edge of the principles and practice Of business the
student is avanced TO the
COUNTING ROOM,
where bis proficiency spot 10 the most severe prseti-
cal test. Tho Counting Room" ia a miniature bust
ness world in which represented all departments
Of economy, and affording TO the student novel
and interesting glimpse of the outer world for
which he is preparing. Here be sees, In actual and
harmonious operation, tho different branches Of
trade and commerce which unite countries. states,
communities and individuals in the closest bonds Of
mutual interest, and make up that grand system OF
economy which men call
BUSINESS.
But he is no Indifferent or idle spectator. Having
pursued bis studies thus far with rpecia reference to
the exigencies Of business fe no is now to engage
in those pursuits which will test the value Of hs in
structon. He is established ia business US
MERCHANT,
ID furnished with a cash capital which he invests in
merchandise, purchasing the same from an
IMPORTER OR yOBBER,
and defraying the necessary expenses of getting
them in store. lie learns the pecuarties Of the
TEN Of box and bundle marking; the styles and de-
nominations of weight and measurement and the
customs which prevail in frst-class houses. He
keeps regular Bank accouut-an institution of this
kind being always in operation, and serving as the
great central financial agent Of the bu-y community
of understanding regular daily deposits and draw
ing checks rs occasion may require. Ia the course
of business he receives other peoples notes and is
sues his own, all Of which pass regularly through
the bank either as discounts or collections requiring
constant vigilance upon his part and thorough un-
derstandng Of business customs IN this direction
In the constant repetition Of buying aud selling be
learns to watch carefully all the phases of tho mar
ke and TO study the theory Of gains from the prac
teal lessons occurring under his immediate obssrva-
ton and direction. He il also thoroughly drilled in
original entries of all kinda and learns TO rely upon
himself. Having had sufficient practice in this di.
recton he passes TO the other departments and be.
comes, in turn, proprietor or employee in Con-
MISSION HOUSE, FORWARDING HOUSE, INSURANCE
OFFICE, Posi- OFFICE, TELEGRAPH OFFICE, RAIL
ROAD OFFICE, STEAMBOAT OFFICE, MAsUFAcroRY,
ETC. In all these various positions he is furnished
with the most approved forms in use, and having 10
adopt tina actual practice he acquires facility in
their use which could be obtained in no other way.
From these positions he passes at length into the
COLLEGE BANK,
whore be becomes fnancier and learns to apply the
lessons Of bis course in this direction
The BANK is fitted up with all the modern conven-
iences and Furnished with complete set Of books
aud blank forms, together with neatly engraved
bank notes and coin sufficient for the united business
of all the various " houses" in operation. The
business at the bank is at once the most Natural and
effective, being the result almost entirely of the
other departments, aud consisting of such actual
transactions require all the forms and manipula-
tioDs common TO banks Of circulation and deposit
The student acts in turn US TELLER, BooKKEEPER
CASHIER and in fact becomes familiar with all the
entries and processes practccd in banks. The bank
is Kept perpetually in operation, the books being
closed only at stated periods sufficiently for the pur
oso Of declaring dividends. Its importance in per-
fectng the operations in the business department il
not less than that OF other similar institutions in the
great business world, and the finishing touches
which its muifarious duties give to the student are
well calculated 70 ilpagt degree " fssiay s4d