Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1906-11-19
A COURSE IN THRIFT
SCHOOLS SAVING SYSTEM In Alb.
ERDEEN SCHOOLS.
The ChehaIiS County Bank Is Select
ed as The Depository. Move
ment Calculated to lnOCulate the
Pupils with Saving Habit, that
Will be USef full in After Life.

schools by the board OF educat'on.
The school authorities believe that
this movement will be Of great benefit TO
10 have the Farentsc -ol crate with them
in making it success.
The principle of saving IA part OF all
that il earned Is one of the important
things that should be taught and is Of as
much practical value in shaping the
child lglnle as any other part OF the
education, hence the importance of be-
ginning early to teach them the habit Of
saving. 1t is earnestly hoped that tie
parents will assist the teachers in this
work. Let them impress upon the chill
dren the importance OF depositing each
week with the teacher, some amount OF
money, the amount may be governed
by the judge ment and circumstances Of
the parent, the main point is to have
them form the habit OF saving, and to
take pride in saving instead of spend
ing the little money given them or which
they earn themselves. Impress upon
their minds to save for some purpose,
show them the ADVANTAGE it will bring to
them, either for extending their educa-
tion after completing High school or as
sisting them in gaining start in life.
There is no doubt OF the value of this
habit Of saving, it carries with it an ,le-
ment which makes for the building of
character. the elevation Of morals and
the broadening of the home influence.
1t is to be hoped, therefore, that all
parents will take deep interest in this
movement.
The Chehalis County Bank has been
selected as the depository of the school
savings.
Most banks do not care to bother with
school savings as they are small, make
lot OF extra bookkeeping and expense
and with no profit to the bank.
Mr.. Frank q. Jones, the president Of
the Chehahs County Bank, however.
entered heartily into the plan when APP
preached By Superintendent Cook. He
has gone to considerable expense and
given vine and careful attention to get
ting up the necessary outfit and deserves
TO be commended for his public spirit.
The Board of Education has taken
care 10 safe guard the pupils and de.
positors by thorough investigation. A
large number OF letters have been writ
ten, ga,ding Mr.. Frank q. Jones. TO
some of the leading banks and CONNER
cial concerns in this county, with which
he has been associated in a financial
wav for long period OF years; replies 10
these letters were satisfactory in every
way, and showed that Mr.. Jones enjoys
their confidence and esteem in the fullest
measure.
At the request OF the Chehalis County
Bank, il has been agreed that commit
tee from the Board Of Education, or one
selected by them, may at agreed intervals
examine the books to satisfy themselves
and the public that the business is safely
and conservatively managed. One of
the officials Of the bank is to assist them
in this work, and the committee shall
make written report as to it's condition ;
no greater safety could be assured.
The system is very simple one.
When first making deposit, the pupil
first makes out signature care, the same
as other depositors, and pass book is
issued by the bank. Each principal is
supplied with II principals pad OF de.
post slips, and each teacher with a pad
Of teachers deposit slips. During the
week the teachers receive the deposits of
tine pupils, entering the amount of the
deposits and the balances in their re-
spectve pass books, and also on the
teachers deposit slips. On Monday,
each teacher turns over to the principal
the amount deposited during the week
who enters the same on his deposit list.
and before six O'Clock p. m. the principal
turns over to the bank the total deposits
for the week, together with his deposit
list, the deposit lists OF the teachers and
the pupils pass books. ANY errors that
may have occurred are corrected, and all
the books returned to the principal on
the following Wednesday morning. The
teachers and the principal make out
tkeir deposit lists in duplicate. The
teachers have the principals receipt for
che smount that they turn in to him, on
their duplicate lists, and the principal
receives similar receipt from the bank.
Interest is allowed by the bank in this
department the same as upon all other
deposits. Withdrawals Of money from
this department will be allowed, how
ever, only during the weeks in which the
dates OF December Is, and May Is occur.
When Withdrawals are made, the child
must sign the withdrawal slip, and have
one Of its parents or the teacher sign
also.
The Aberdeen system is based largely
upon the one in use in Spokane, WASH,
schools. In planning for the introduce
ton of the system in Aberdeen, the
Board and President Jones have been
greatly aided by Mr.. r. L. Ruter, Sec
! fTs,.,