The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-03-18
PENNY PRovIDENr FUND.
Branch Stamp Station of a Savings Institu-
ton Soon to be Estabsished Here.

provident fund, of New York city, which
has been so successfully conducted there
and in other cities, will soon be estab.
lished in Roanoke.
This fund will receive and deposit for
safekeeping any amount from one cent
upward. 1t aimes to do what no say.
ings bank will do-invlto savings of
fund Is for older people as we'll as
children When a few dollars have
been saved, depositors will be invited
and assisted TO pen an account in some
savings bank, where interest can be
earned. They can then again continue
to save small amounts in the penny
psovident fund, and later make another
deposit in the savings bank. Deposits
are receip.ed for by STAN ps. for one cent
TO one dollar, attached TO a card, sys.
tenn widely used in England and other
countries.
The central office OF the penny provi-
dent fund is in charge of committee of
the Chair ~ Organic alton Society of New
York and it now has eal stations, with
50,s9l depositors, and total deposii OF
SIT, 81
The idea OF the fund is to inculcate
habits of providence and thrift; to show
how, by little savings, larger sums may
be easily accumulated, and to teach in
very practical way the truth of the old
saying: Take care of the pennies and
the pounds will take care OF them
selves"
In all communities the larger portion
OF ths want and suffering is the direct
result Of a waste Of small sums in un.
necessary expenditures and the failure
to provide, by laying up such sums,
against the possible loss OF work or
against accident or illness This pri
mary banking business is educstion, ii in
It's ten iencies as we'll a. remedial
In Now York during 1893 tho Child
ren's Aid Society Schools saved SI3,-
O34.61 and the American Female
Guardian Society saved S530.65 A pc.
ttton has been presented TO the board
OF education Of New York city asking
that stamps be sold by tho principals of
all public schools, and all large dry
goods stores and institutions in that
city new keep these stamps for sale
ARRANGEMENTS will be made with the
leading merchants in Roanoke, so that
these stamps can be obtained at any
time, and tho system will be thoroughly
explained to them, leaving no doubt in
the minds OF tho people as to the safety
OF their deposits. If this fund is once
established and the people patronize il,
the suffering aud Inconvenience IS may
be avoided to a great extent when ILL
ness or idleness overtakes the he; OF
the family. There have been hundreds
Of families in other cities saved from
starvation by the savings of their
hildren.
Miss Lille Beaver, lately connected
with the Charity f1anization Society,
OF New York. and who is we'll known
In Roanoke, will have tho matter in
charge and is now porfeca ting arrange
ments with the New York society for
the establishment OF stamp station
here
When such arrangements have been
perfected list OF the stations will be
published.
Shot the Officer, His Horse, Thon Himself
NASHVILLE, Tenn, March ia spe
cial from Birmingham, Ala, says: This
forenoon. q negro, Charles Fleming, q
city convict, attempted TO escape from
the street gang. Street Commissioner
Burkhalter overlook him on horseback
and ordered him to surrender
The negro snatched the officers pistol
from his hand and fired ono ball into
Burkhalter and ono into tho horse, and
then fired third ball through his own
brain. dying instantly Burkhalters
wound is not serious. The horse died.
Trouble Among the EIks.