The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-12-21

penmanship. matnema tics, and kin-
dred studies, the more time may be
devoted to the subject itself. and the
instruction is individual the more rap
id progress may be made. 1t is in
reality a two years course. but some
students have completed it in half that
time. and since the instructions are in
dividual, It makes very little differ
ence at what time during the year or
semester the pupil begins. The text
book of which Professor Keller is
author, is so arranged and classified
as TO embody the authors ideas of a
method that would combine complete
ness and lucidity with greater
amount of speed than the old system.
The book is divided into four principal
parts, first, 1.-THE Theory of Accounts, :
second. Practical Bookkeeping third
1.-The Complete Account Book" and
fourth Outline for Practical Work.
AS the professor remarked, mo book
adapted TO school room work can give
the exact method for keeping the &C
counts of the thousand and one bus
inesses carried on, but a person thor
oughly drilled in cardinal principles,
and acquainted with typical forms can
adapt his system TO the peculiar cir
cumstances.
The theory and text book work is
supplemented by lectures, and the prac-
tical application Of every theory in
fact, until the science of accounts is
thoroughly understood Being permit
ted to examine some of the work of
this department I found it practical,
handsome and business like.
Among the ladies and gentlemen
taking these studies / noticed two
young men who have already had some
experience in business life, but come
here for what the academy could give
4 toe of rSfs1 hi
ing and greater proficiency.
One young man from Nephi and one
from Manti have entered in the re-
spective banks of those places as cash
Ter, and there may have been others
similarly situated, but personally I'M
known to your correspondent.
The greatest interest is manifested
and the professor speaks well of the
advancement being made.
The most attractive part of the
course is, no doubt, the fourth and last,
where the pupil having mastered all
the theoretical principles and business
forms. applies them to business tram
sactions as complete and realistic as
can possibly be carried on within col
lege walls.
Fitted up for this purpose is a bank
and several business houses, with all
the accessories for conducting business
The student ready to enter this de-
partment buys of the cashier, and pays
| in cash at the rate of 90 cents on a
hundred. capital of $500 college scrip.
With this ne opens an account with the
bank, rents place of business. buys
stock of goods and begins business
in earnest, The stock in trade is rep
resented by printed cards. designating
the amount and quality of the goods
SO that student can carry quite a
large store in his vest pocket
From day to day the prices of goods
vary at a certain per cent above OF
below the manufacturer lists. While
this is not exactly what the boys will
find 1t in actual business realities, ii
was found to be a necessity in the
school. The professor explained thai
| formerly the fluctuations Of market
prices were followed. and the result
was that some students made corners
tied up the market, and manipulated
things so that nearly all the capital
was in the hands of a few persons
and others were bankrupt, This was
| great fun and developed q certain
shrewdness. but interfered with the
object in view. II often happens that
there Will be a discrepancy between
the investment and the money returned
to the bank at the end of the term
which is paid for at the same rate al
which IL was sold. Seven sets of books
are used in this division of study. The
| first locates and starts the business il,
| detail including buying and selling
in every manner known to trade. Bills
! of goods, notes, checks. drafts dis.
count, percentage, borrowing and loan
Ing, are all gone through with the most
scrupulous care. The second step is
an exhaustive review of the method
of the three column journal. the third
set is the six column journal work, ad-
mirably varied. Subsequent work is ir
single entry, and complete account
book. commission business, and six col
umn journal and sales book
| The person who has passed compre
ihendingly through this course is as
well fitted for business as can be done
! in any eastern college. In fact, there
are advantages to the student who
takes his business course at home. for
besides all that has been mentioned.
there is department presided over By
Professor Edward Holt, where phonog-
raphy and typewriting are taught. and
one hour a day is devoted TO acouir-
ing legible and rapid penmanship
which may be extended to artistic work
If the student SO desires Theology,
ethics, psychology, military drill and
physical culture are all within the
reach of the student. Then there is
the library, access to which and q
knowledge Of how TO use it, is in itself
q liberal education. Professor J. B.
Keller together with his able assist
ants, L. e. Eggertsen, graduate of
Cleary Business college, Michigan, and
B. S. Eincllley. also a graduate of the
Eastman. II. Y. are conducting q bust
ness college and doing d class of work
that not only Provo, but all Utah can
be justly proud.
ny