The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-04-23
CARE OF THE DIMES
BENEFITS OF SAVING DISCUSSED AT
ASSOCIATED CHARITIES PAR
LOR CONFERENCE.
TEACH CHILDREN ECONOMY.
FOUR INTERESTING PAPERS READ
ON BRANCHES OFF THE SUBJECT
"PROVIDENT SCHEMES"
NEED POSTAL SAVINGS BANKS
TEACH CHILDREN ECONOMY.
NEED POSTAL SAVINGS BANKS.
Mrs. G. ID. Smith Spoke of Effect
That WOrkrOOms Have Upon
Habits of Frugality.

Four papers were delivered before
the twenty parlor conference OF
the Associated Charities at the COM
merclal club last evening. The confer
ence was the last Of the season, and
an adjournment will be taken until
November. The subject under discus
sion was ''Provident Schemes" The
session was fairly well attended The
first paper. upon the Economic Side
of Saving" was read by ]. M. Gold
smith. Mr.. Goldsmith believed thai
the idea of saving and being economical
should be taught the young from the
time they could understand the most
simple lessons. The young wife often
sorely sees the need of early training
in this regard
Speaking Of savings banks, Mr.. Gold
smith said that New York and Penn
sylvania were supposed to have the
best laws relative to the government
of savings banks. In 1879 Minnesota
copied the New York laws, which pro-
Vided that a savings bank shall be con-
trolled by a board Of seven trustees.
who shall have no interest whatever
in the banks revenue or profit. and
therefrom. Mr. Goldsmith said there
was one bank in Minneapolis which had
deposits of over 100000 He urged
the establishment of postal savings
banks which, he said, would greatly
stimulate the poor people to save up
their mites. The postal savings fund.
he said, had been tried in England.
and, although the government lost over
100000 last year, the people at large
were gamers. Mr.. Goldsmith would
also like to see the stamp savings sys-
tenn as in use in Germany, tried in the
United States
r. A. Kirk spoke upon the Moral
Effect of Saving" The chief idea Of
Mr.. Kinks talk was that, in order to
become successful from a financial
standpoint, man should always be
careful and economical in the details
and little things. If one would gain
large things, the little things should
be saved I'VE are not to save for the
mere purpose Of gaining, but for the
purpose Of doing good to our fellow
men"
Mr.. Kirk condemned the practice of
giving children pennies to spend for
candy, ETC., saying that it produced
habits of extravaganza. On the other
hand, the parents should not go to the
habits in their children
Mrs. c. D. Smith, in connection with
the general theme, spoke upon the eff
rect that work rooms for women were
having upon habits of frugality The
principal of the work being done by
the Associated Charities was found
ed upon faith in human character.
said Mrs. Smith The best arguments
in favor Of work for women is that
the chronic beggar hates it. The work
room does away with the need Of beg
gars, and develops strength and indie
pendence of character. Mrs Smith
spoke of the success which work rooms
were having in Brooklyn and other
cities Of the East.
A. W. Gutridge followed with a pa
per upon the "Provident Savings
Fund Mr.. Gutridge thought that saw
1ngs banks were truly charitable con-
Germs Mr.. Gutridge, however, was of
the opinion that the savings banks, as
they existed, refused to receive suff1-
GENTLY small deposits. He expressed
surprise at the delay in establishing
a postal savings system in this coun-
try. The people, he said, had unbound
ed confidence in the government. He
believed that if the postal savings fund
was started that hundreds and thou
sands of dollars would be brought forth
from the hiding places in which they
0dQ DG6H SlulIOQ LOT lack OIL commence
in the banks. Mr.. Gutridge believed
that if asuitable person was sent
among the poor, they could be educat-
ed into habits of frugality and could
be easily induced to place their earn
ings in a postal or provident savings
association. This, he said, would foster
a spirit Of self-reliance He suggest
dthat the Associated Charities es-
tablish fund of this kind Of its own.
and that branches be established in
the schools, so that children of the
poor might be taught lessons in saw
ing and economy.