Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1900-01-31
SCHOOL SAVINGS.
Six Augusta Teachers Have Iraugu.
rated the System.
II May Soon Be Made General-Some oil
It's Workings.

Take care Of the pennies and the
pounds Will take care Of themselves .
benjamin Franklin.
This is the motto which stands at the
head Of the School Savings Bank work
that has been adopted in some Of the
grades of Augusta scO0ls Not this
saving alone is Il be found. but on
other pages Of the little bank book
which the teacher has with the scholar
are "A penny saved is a penny earn
"a. as Well as "A fun purse never
lacks friends" all II which is as We
we'll know. is very true.
But it is something in far more
material manner in which the savings
If money is being encouraged AMI
each child is dcpositnr with the
teacher until he has the sum Of 81
~ his credit. and with the kennehec
Savings Bank after that time Al this
latter period il where he begins Ia be
2 capitalist. for then his pennies are
al work earning other pennies for him.
For every 100 pennies which he earns
ana places IN the bank the same 100
are earning him three more in the
course Of the year.
1t is a grand good thing that the six
teachers already in the system have
undertaken. They are as enthusiastic
over the work as the children and this
enthusiasm will probably spread to the
other teachers of the Village district.
The six teachers already in the work
are volunteers. nothing compulsory
being offered by the directors The
school saving system has been such i
blessing and success in the Bangor
school and in others of Maine and of
the United States that the teachers
We're eager to undertake it.
The reason why it is not adopted in
Maine rs a whole is solely because the
teacher a. 4 rule. has all she can at
tend to without this extra work. Tn
less she desires to do it some of the
educational authorities are Of the opin-
ion that she should not be called upon
To do the extra work.
Teachers have everything to teach
the scholars as it is" they say. and
prudence ana thrift should be taught
at home" But il is not taught in all
cases. In other ways it cannot be So
successfully carried ont as at school.
There is something about the schools
savings system that interests the pupil
a first to save his money. After that
period has passed the child begins to
want 70 save for savings sake alone
ana before he knows it he has become
4 thrifty Industrious person. He has
been taught one of the most useful
things imaginable by his faithful
teacher. who has done it in her own
sweet way. The teacher is never half
appreciated by the parent at any way
one looks at ii.
The idea of belonging" to something
is prevalent and is the same in all
young people. The idea Of becoming a
depositor is as attractive to the mind
Of the average small boy and girl. IL
is a pleasing thing to them to be able
to have one Of the little bank books in
writes the child's name on the front of
the cover on the inside are the places
where the amount of deposit of each
week are to be found. Then as soon as
the teacher has received the amount Of
81 from the pupils she deposits in the
bank and each child has the pleasure
of looking occasionally at a savings
bank book on the front Of which is his
name, while on the inside is the con-
stantly growing column OF figures-in
case the child is saving and indus
trious.
The system in Augusta was started
four weeks ago. in the Nash school
where Misses Selling. McDavid Clancy
and Fnrght were all enthusiastic over
the subject. Misses Reed and Lock
wood Of the Smith school. also started
the system in their schools. Little was
said of it outside school circles, as II
was desired to find how II would Woih'
Now that it has been tried the uIre'
tors Of the district may ask az n
teachers of the district to ADOPT II III
their different grades. for each director
is convinced there is good IN \ t"r m
school.
The Journal had the pleasure Of talk
ing with Misses Selling and Clancy on
the subject. Tuesday. Miss Clancy has
probably had the best success Of all in
her Grade 2. Of her q scholars she has
II depositors. About all the II have
deposits in the Kennebec Savings