The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-02-06

FUND
GROWS RAPIDLY
NEW SAVINGS BANK SCHEME
POPULAR WIIH CHILDREN.


The Minneapolis Proyident Fund is
growing. 1t Is under the; DIRECTION Of
the Associated Chalities and while the
amount on hand can neVers grew large
under the plan III vogue; the number
of depositors is constant " ncfeastng.
The fund was establishe 4. over three
months ago and atsspresert The books
show total Of 46l denositoEs with
cash Son hand to the amount of
$280.81 Thirty-hwe Withdrawals were
recorded during the holidays, but
many OF those Who closed their ac-
counts have, returned to-. open new
ones. ,,s,.s.s1s>,,. >a% y ". -
Under the workings Of the plan the
depositor is given a, small sheet with
ruled spaces for stamps. When the
holder Of the book desires to make a
deposit he turns in the !, cash and
stamps, showing the amount, are
placed in the book. The stamps, are
Of different colors for pennies nickels,
dimes, quarters, half dollars and dol
the deposit, the book is returned, the
stamps are cancelled and the cash
paid over. Those in charge of the
fund take care of the individual de-
posts until they reach IS. The de-
posltor is then urged to place. this
money In savings bank and start an
other book with the fund. . In. this
large, not showing what is really be-
ing accomplished, sY.xS;5tx't II
This branch of the work of the
Associated Charities is in charge of
Miss Grace Livingston. She visits the
kindergartehs, Industrial schools and
clubs where the work has been
started, but as yet has not been able
to find time to visit homes. When
more help in the work is available it
is proposed to undertake: a broader
and more general campaign. At pres
ent deposits are received at branches
at Bethel settlement, Hope chapel,
Unity settlement, Riverside. chapel,
Ruskin hall, Riverside, ST. Marks,
Unity and Bethel Industrial schools,
Emerson Boys club. and the Wash
burn home. The work has been con-
fined so far almost exclusively to chill
dren, but an attempt will soon be
| made to reach persons of a more ma
ture age. ..-..r
Pathetic Hopes of Children.
The accounts now range, in, indi-
| Vidual cases, from a few cents to $3.50
and 81. The tots are deeply interested
in their accounts and there is almost
pitiable sadness in some of the hopes
| and ambitions expressed by the. little
ones III regard tos their savings. One
child, who comes from one of the
most humble homes Of the city, has q
few cents to her credit, and has tbs
hope that it will grow into a home
for herself and her mother. Another
child lis saving pennies to buy. arhorse
One boy has saved money and Bought
himself overshoes And gaiters4 He is
| now saving to buy q suit of clothes
Into the ears of THOSE in charge the
children breathe ath}eipS hopes and
'aspiratfo1lsa Fhey Areea Starting or
great undertakings with The tbuoyant
optimism OF the child mind. Disap.
/ pointments will come to many Of these
as their air castles crumb BILE, but it is
hoped SO to instill the idea of: saving
4 and thrift that in later years some 81
| these dreams Of c ln may. b
| beginning and only needs more as.
| sistance to spread to the workers
whose money could, or would, be
I saved in no other way.