The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1889-04-10
YOUNGSTERS ROUND TABLE
LITTLE FOLKS WITH BANK ACCOUNTS
The Way the School banking System
WOrks-Other Stories For the Juveniles
An Unkind Act Settler For
Aunty-KnOtty Problems, Etc.

Since the introduction of the school
banking system in Long Island City, says
the New York Sun, the candy stores in
the vicinity of the schools have been do
ing less business. The collections are
made every Monday morning Immediately
after the opening of the school The first
question asked by the pupils of each
other when they meet on that morning Is
''How much have you got?" There is
chattering and bobbing up and down Of
heads as they open their hands to one
another, some disclosing half dimes, others
dimes, and the more fortunate ones silver
quarters Each one has a card on which
the deposits are credited.
A tap on the bell and the excitement in
the room subsidies. The teacher gets out
the roll book, and, as she calls the names,
the pupils call out the amounts of money
they want to deposit, each in turn step
ping up to the desk with money and card
In hand. The teacher takes the money
and records the amount on the pupils card
and in her own book. After the money
has been all collected, each teacher seals
1t up in an envelope, with the amount,
number OF the school and the teachers
name written on the outside. 1t Is then
handed to the principal, who deposits the
whole in the bank.
Under the present system about ten
minutes are consumed In making the col
lections in each school. During that time
the children are OVERLOOKING with excite
ment and curiosity. In answering TO
their names they mOdulate their voices IN
proportion to the amount of money they
have to deposit. AS five cents is about
the average deposit the pupil utters the
words in the usual tone. Ten cents, and
the voice is raised pitch higher. Twenty
FIVE cents, and he awakes an echo, while
the other pupils regard him with adj
miration. The pupil who succeeds in
raising fifty cents, or possibly dollar,
during the week is looked upon by his adj
miring friends as a future Vanderbilt.
Fifty cents, answered a curly-headed
bov as he almost ran up to the teachers
desk and handed her the money and his
card. 81 earned that all myself. / cut
wood, carried in the coal and ran errands
for it
Use only dot free pennies dis time,"
said little haxen-haired, blue-eyed girl
who could scarcely reach up TO the desk
as she handed up her money and card.
Use washed the dishes and minded the
baby"
~ six-year-old girl came shyly up to
the teachers desk and as she laid down
ten cents and her card. she whispered in
her teachers ear: Here's ten cents
We's dot a new baby at home. Put down
five cents for the baby and five cents for
me"
The teacher took the money and made
out a card with the new baby's name, and
the little girl went back to her seat. In
answer to his name bright-lOOking boy
came up from the rear end of the
school. He had on a pair OF muddy
boots, and he succeeded in making him
self heard A homemade ball protruded
from his jacket pocket. He put bright
silver dollar down on the teachers desk
with bang.
why. Johnny, you are rich this
week" said his teacher, glancing up.
~ es' um," he replied. "Uncle Jim
was visiting US last week and l showed
him my handbook and he gave me a
paper dollar. l got it changed for a silver
dollar"
ANY one who wishes to is allowed to de-
post money with the teachers. AS a re-
suit, there are great many children de-
posting money who are not yet old enough
10 attend school. After leaving school
some of the pupils still continue TO send
in money every week. There are many
boys who work during vacation and save
their money, which they deposit to their
credit at the opening of the fall term.
Almost every pupil who deposits money
in the bank has some specific object in
view. One little girl said she was saving
money 10 buy piano; another one to buy
clothes. Another said she was saving to
help her mother. A boy, who left school
recently, and is working in New York,
sends his teacher all of his spare money.
He says he wants TO get money enough TO
enter college. Another boy, who has left
school and gone to work, has more than
5000 in the bank, which he keeps adding
TO. He says he is saving money to go into
business for himself A teacher in one of
the schools, who has a brother older than
herself, who has not learned the benefits
Of economy, has started a bank account
for him, as if he were in her class. She
now makes him deposit certain amount
every week.
The largest amount deposited so far be-
longs to an eleven-year-Old boy, who has
S427.95 to his credit This is an excep-
tiOnal case.