The Springdale news., 1889-12-06
SCHOOL SAVINGS BANKS
The Success Attending tho Adoption oi
 tho system in Many Localities.

The Success Attending tho Adoption of
 tho system in Many Localities.
 The following extracts are taken from paper by J. II Thiry, recently read before the American Social Science Association;
 A monograph on School Savings Banks in America will be read for the first time before the Universal Con- gress of Prevalent Institutions, now in session in Paris, and it is expected that from the transactions of that Con. gress, it's influence will be felt through out the educational world.
 There are sixty schools in seven different States that have the system in operation. About s58, 600 have been collected from nearly 9. 700 pupils through the aid of $50 devoted teach- CTS.
 The spark kindled five years ago in one school of Long Island City. N. Y. maintains it's vitality, and it is ex- pected that during the next school term the school banks will so extend as to reach at least fifty moro schools In the different States of our Republic
 The system has received the sane tion of our National Bureau of Educa- tion. of our State Superintendent of Public Instruction, Hon. A. $. Draper, and of the Superintendent of the New York State Banking Department, Hon. Willis s. Paine.
 "A bill has been introduced into the Legislature of New York providing for the organization of School Savings Banks.
 "The School Savings Banks, having already passed the period of proba- tion, are now fayorably received in many of the American schools, and will prove q most effective weapon in the hands of our young people with which to fight tho battle of life on leaving school.
 "In introducing School Savings Banks in a few schools of our country. the system has had like any new idea, much to contend with. The persons who so constantly express themselves against the plan, for some reason or other, and who are so keen about the possible danger of ayarice to the children through these banks are slow, indeed, to soc the mischief done 10 many of our children by squander- ing all their pocket pennies for cigarettes. candy. ehewing-gum and the like. It is yet to be shown that seH-restraint, prudence, foresight, as commended by our teachers, are synonymous with selfshness, avarfce and meanness. |. not the habit of spending wisely a moral outgrowth Of saving.
 '.Eyery ono has read or heard Of the Johnstown disaster in Pennsylvania. The very next morning after that disas- ter the majority of the scholars of Long Island City, on entering their class. rooms, manifested to their teachers the good intention of contributing their mite from their pennies in the School Bonlt towards ollcviating tho sufferings of their little brother and sister scholars at Johnstown who had lost their parents and home. The idea was received with exclamation by the teachers, the city school supcrin- tendent and the Board of Education, and on June 10, at the opening of tho school session, out of the 1. 050 pupils, 2, 272 stepped up to the desks of their teachers with their offerings. The sums thus collected amounted to $452 37. which was immediately sent to the relief com mittee."
 George May Powell, president of the Arbitration Council, considers this a movement Of vast importance to American labor and capital. He is issuing millions of tract pages on the subject and scattering them among the masses.