The New York herald., 1877-09-06

OF the total assets New Jersey has IS per cent in
mortgages. ln New York state msrtgage loans
rose between 1865 and 1879, from s23 1855. 900
from Sill 49,, 900 TO s3l6 677, 600 In this State
Also, the savings banks show better condition as
as 600 900 aud in 1876 o0o beng 23 per cent
OF Their assets. One bank alone In New York city,
having AIDED about 900 to It's assets, owns more
than $4,000 900 OF these securities, than hall
the amount oil Its deposits.
ExrRAvAGANcE IN MASAGEMESE
the extravagant amounts Of money spent In dns
buildings, SIMPLY Tor Offices IN which TO carry the
business oi savings banks, rs In some cases out
rage Cd the system; 1t is not only unwise ana un-
just, but the example taught to the class OF people
these Institutions were designed to benefit Is
quanediy bad; instead OF teaching economy and
thrit winch must be the rule OF every proper savings
bank depostor they learn, On seeing the paiatiai
architecture oil the exterior the sumptuous and nigh
pr COD furniture aud fixtures. that the cusodians of
tneir iunas nave no proper Ideas OF economy la
expenditure which should govern those who in
vest the money OF others The value OF
"a banking house that had cost a IN ,derate
amount could be readily obtalned OF q forced
sae but tor one that had cost S600090, probably
more than one-thrd could be got The OF $I00 QUO
TO bank having liabilities OF say 81 l. 900 00O would
oe serious one 10 the dcpostors being three quar-
ters OF years interest at present legal rate paid
by savings banks IL TINS state, 80 per cent on the
total amount OF deposit. Ine item of salaries s also
deserving cons deralion. Win the excep-
tion OF the executive, who devotes the prieci-
pal part oi MS time in the institution, tending the
Internal management, and VINO, IN connection with The
curtes. no other trustee should receive any ply or
proht Tor Ills servlces every other should be Wiling
devote all the time needed perform the labor ucum
bent on him without hope OF pecuniary reward and
solely With desire to do a benencent work In the
interest oi those VINO have not the ability or the op-
poIuniy OF doing II Tor themselves. Trustees do
lence to Their trust, who In bank having less than
s9,0OO0o0 deposits authorize the payment Of nearly
Sl4 900 per annum 10 single officer, or who pay
ST. OO0 per annuin TO two officers Ia u bank having
less than 81 900, 600 deposits Such salaries under
such conditions, cannot De TOO severely condenined
Townsend In v AN nf IN
system OF savings banks IN public SCHOOLS introduced
IN Belgium and France with the promise OF great
educating the rising generation in habits of
thrift ana s,lirespecI
VARIETY OF VIEWS.
Samuel +. Rugges, oi New YORK, addressed tho a.
socaton strongly in opposition 10 douOie standard
OF silver aud god. He favored gold exclusively.
George A. Potter ol Yrw Yo,k criticised Professor
Jevon's pa.er He though, gold I'd silver botn good,
ana hat tney should 6e used together, and that 4
simpse standard o gold silver and paper would be
better. France had used potn gold ana silver to
advantage. Gold anu SILVER the works OF tho
Almighty, ana should 10 used together.
DR.. L. " Wngal OF Washington, spoke IN favor OF
o standard He thought II Congress would re-
install the silver standard would stop 1uctuaiion
Professor otlerours, OF Princeton, spoke against a
double standard.
DEPARTMENT OF JrRIspRuDRScE
The sectional meeting OF the Depirtm mt OF Juris.
ing. Professor W. p. Wells. OF Michigan University.
read paper on the work OF the American law schools
and lis hndrance.
Professor Pomeroy, OF Rochester University smoke
In favor of the law schools.
DAVID Dudley Field thou ht the law schools we're In
dispensable He would have a three ycars' course IN
school followed by one year in u lawyers Office
Professor Hunt, OF New Orleans, spoke GU the Same
sido OF the question.
COMMISSION OF CHARITIES.
The conference OF the Commission OF Charities
branch OF the association opened to-day. Governor
Robinson, VINO was expected TO preside being absent
ON account oil affection oil the eyes, John " |.
Pruyn, CHAIRMAN OF the New York Board vi Charities
presided and made the opening address Speaking OF
institutions under the charge OF his Board he SAID
that they had been much improved the last few
years. A most complete census OF the insane OF tho
State was made 1871 by Dr. Hoyt Secretary oil the
Board. VINO in the course OF the same year wrote
IL, 900 ettersnot printed crcuIarA The condition Of
delinquent children has been much improved under
the laws OF tins State. The numUer OF insane now in
the state Is 1000 Of whom 900 are cared Tor by
friends.
REPORT FROM WISCONSIN.
Mr. ElmOre, President of the State Board Of Char
ties oil Wisconsin, reported that that State twenty
eight years I'D, aud since 1850 has expended Quart
So 900 ON the st O July last the State Prison
contained 2S2 inmates and the House OF Correcon l04
inmates. The pr0Uortion OF criminals the State Is
much less than IN the states adjoining An asy um tor
the chronic insane, of whom there 800 tho
State, Is needed The State Board OF Charities has
done much to improve the condition OF the poor
houses, penal Institutions anu asyums. The
dtion Of the educational and other institutions CON-
pare iavorAbly with other States.
The Secretary OF the Board OF Charities of Michi-
gan reported verbally 64 2i0 persons the poor
houses and relieved temporarily In all the reform and
penal institutions oi that State Tho ma! u
taung dependents of all Kinds charitable aud penal
Institutions, was S735, 900. two-thrds of which was
Tor what may Do called paupersm He denounced
Imprisonment IN county JAMS AS greater punishmO
than Staie PRISONS On tho representa- OF tho
Board the Legislature directed that large proportion
heretofore sent to the county jail new
Reormatory. Boys now IN the Reform School
allowed to guide themselves, and moral suision IS
found be iully enectual. heretofore the IN. ane
ana blIud have been kept IN the same instuton but
now new insane asylum to accommodate 600 IL
ready while another for 400 will be ready year.
RHODE ISLAND
In Rhode Island the Boord OF State Charities and
the Board 0i Trustees take work The latter Is re-
sponsDle TO the Legislature The former have nobody
between the and the Institutions, and this Board
has charge OF he penal institutions aud the and
transfer OF tho incorrigbes from the House oil Cor
rccton to hard work IN tho prison. The principle Is
to give the largest amount OF liberty possible Dulld
up character
STATE AID ASSOCIATION.
Theodore Roosevelt of the New York State Aid AS
socation Of Charities said It Is auxiliary to the State
organ zations Its committees visit the county inst
tutions; they take children aud try to put them u
houses under family influence. Pauper tramps IN ust
DC made 10 work and must have which will
compel It, AS to the hospitals the comIdittee have
done nothing
H. /. Dugald, OF New York, spoke briefly in behalf
OF the Prson Association.
The representative OF Missouri gave discourag &
report Of the institutions Of that state school houses
well penal and benevolent Institutions but I'M
provemeats are in progress.
Verbal reports were made by Mr. Coggeshall of
Rhode Island, and others.