The New York herald., 1877-09-06


vested In similar manner Some OF the New Eng.
land States invest 10 second as well first
rose, between 1865 and 1870 from $23. 1856 900
to Sll6.l54. 900, while the deposits increased
from slll, ,7S. 900 to s3l6677,ooo. In this state.
also, the savings banks show better condition as
TO United states stocks for IN 1871 they had
as 600 900 aud IN 1876 ooo beng 2s per cent
Of Their assets One bank alone ia New York city,
having aided about S. to It's assets owns more
than $4,000 900 of these securities, half
the amount OF It's deposits.
ExrRAvAGANcE MASAGENESE
The extravagsnt amounts of money spent In dns
buildings, SIMPLY for oIfces which to carry the
business oil savings banks, IS In some cases out
rage op the system; 1t is not only unwise ana un-
just, but the example taught to the class OF people
these Institutions were designed 10 benefit Is uu-
quaiihedly bad; instead OF teaching economy and
thrift which must be The rule OF every proper savings
architecture oil the exterior, the sumptuous and nigh
pr cod furniture and hxures that the custodans OF
their funds have no proper ideas o: economy In
expenditure which should govern those who in
vest the money OF others The value OF
banking house that had cost u IN ,derate
amount. could be readily obtained case OF forced
sale but for that had 5000 00O probably not
more than one-third could be got, xlOO 900
TO bank having liabilities OF say Sill 900 600 would
be- serious one 10 the deposItors, being quar-
ters OF years interest at present legal rae paid
by savings banks III tnis state, 31l per
total amount oi deposit Ibe item of salaries Is also
one deserving cons nsderation With the excep
ton OF the executive. devotes the prieci-
pal part Of MS time in tue institution, TENDING 10 tho
internal management and VINO, connection with the
secretary treasurer should nave charge of the So.
curites. no other trustee should any ply
proht Tor his servces every other should be wiling
devote all tue time needed u perform the labor incu
bent on him without hope OF peculiarly reward, and
solely WITH desire to do benchcent work In the
interest oi those VINO have the ability or the op-
portunIty OF doing tor themselves. Trustees do vo-
ence TO their trust, who, In a bank having less than
So 600 900 deposits authorize the payment OF nearly
$l4, 900 per annum 10 single officer, or who pay
So, 900 per annum to two officers III a bank having
than Sl1, 600 900 deposits. Such salaries under
such condtions cannot be 100 severely condemned
Mr. Townsend closed b IS paper Uy account OF
system OF savings banks IN public SCHOOLS introduced
IN Belgium and France with the promise Of great sue
cess as educating the rising generation In habits OF
THRIFT and s'li-respecL
Samuel r. Ruggles, OF New York, addressed tho as
sociation strongly ~ opposition 10 uouDle standard
OF sver aud god. He llyorei gold exclusively.
George A. Potter, Ycw Yoik, ,rt, Ised Professor
Jevon's paler He thought gold nd silver botn good
ana hat tney should ce used together and that
simpe standard vi god, silver and paper would be
better. France had used uotn gold ana silver to
advantage. Gold anu silvcr are the works OF tho
Almighty, ana shoud 10 used together.
DR.. 4. V. Wngnt, OF Washington, spoke IN favor OF
q slver standard He thought II Congress would re-
install the silver standard IA would stop nuctuaion.
Professor Otterours, OF Princeton spoke against a
double standard.
DEPARTMENT JuRIsPRupRxcE
The sectional meeting OF the Deplrtn mt OF Jurs.
prudence met, with Judge Bliss, oil Missouri, presid-
Ing. Professor W. I. Weis OF Michigan University
read paper on tho work OF the American law schools
and us lndrance.
Professor Pomeroy, OF Rochester University, spoke
In favor Of the law schools
DAVID Dudley Field thou sht the law schools were In.
dspensabe. He would have Il tnrec years. course IN
school followed by one year in u lawyers office.
Professor Hunt, OF New Orleans, spoke the sau,e
sido OF the question.
COMMISSION oF CHARITIES,
The conference oil the Commiss ion OF Charities
brahch Of the association opened to-day Governor
Robinson, VINO was expected to preside, being absent
account oil an affection oil the eyes, John " L.
Pruyn CHAIRMAN OF the n ew York Board vi Charities.
presided and made the opening address, Speaking OF
the institutions under the charge his Board he SAID
that they had much improved IN the lat few
"A cOmDlete of ha
State made IN 1871 by DR.. Hoyt, Secretary oil the
Board, VINO in the course OF the same year wrote
II 900 letlers-not pIned circuara The condition OF
delinquent children ha1 been much improved under
laws OF this State The numOer OF insane now in
the state Is 1000, OF whom 900 are cared ior by
friends.
REPORT WISCONSIN.
Mr. Emore, President of the State Board Of Chari.
ties OF Wsconsin reported that that State twenty
eight years DID, and 1850 has expended cuari-
ties So 600 900 ON the LIST July last the Prison
contained S2 inmates aud the House Correction IO4
inmates. The proDorton Of criminals IN the State s
less than in the states adjoining An asylum tor
the chronic insane, OF whom thers are over 800 tho
State Is needed The State Board oil Charities has
done much to improve the condition OF the poor
houses. penal institutions ana asyiums The con
pare iavorabiy with other States.
The Secretary Of the Board OF Charities of Mchi-
gan reported verbally 54 2i0 persons ali the poor
houses and relieved Temporarily IN all the reform ana
penal institutions OF that State. Tho cost OF main
aiuing dependents of all Kinds charitable and penal
Institutions, was $735, 600 two.thirds of which
Tor what may DO called pauperlsm. He denounced
Imprisonment Ia county JAMS as greater punshmon
than State prisons, On tho represent "a ION tho
Board the Legislature directed that large proportion
heretofore sent to the county jail De sent 10 The
Rel0rmatory. Boys now IN the Reform School
allowed TO guide themselves, and moral suision IS
found 10 be iully enectual. heretofore the insane
and bnd have been kept IN the same institution but
a new insane asylum to accommodate 800 Is
ready, while another for 400 will be ready next year.
RHODE ISLAND.
In Rhode Island the Boord OF State Charities and
the Board o Trustees take the work The latter
sponsiole 10 the Legislature The tormer have nobody
has charge OF he penal INSTITUTIONS and the and
rection TO hard work IN tho prison The principle Is
up character
STATE AID ASSOCIATION
Theodore Roosevelt, of the New York State Aid AS
socla0n OF Charities, said IT Is auxiliary TO the State
organ cations Its committees visit the county insti
tutons; they take children aud Try to put them in
houses under family influence. Pauper lramps must
5e made TO work and must have a sentence which Will
compel It, AS to the hospitals the comIhttee have
done nothing.
X. J.. Dugald, OF New York, spoke briefly in behalf
OF the Prison Association.
MISSOURI
The representative OF Missouri gave a discouraging
report Of the institutions Of that state school houses
well penal and benevolent Institutions, but
provemeats are in progress.
Verbal reports were made by Mr.. Coggeshall, Of
Rhode Island, and others.