The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-01-30

Z ~ Anu" lhdt thr smallest
bank In the world Is right here In 81.
LouisF asked an official OF one OF
the large 81 Louis banks. There Is a /
bona nde banking Institution In this
!, city with total deposits for the whole
. period OF It's existance OF only a little
over $500. and It's entire business Is
eonnuefed BY one woman. II Is the
: eniidren's bank IN the Ghetto. and
though II - one OF the most interest.
Ing financial institutions IN the city
u Is such tiny AFFAIR that you could
easily put the whole works In your ,
nat and sim have room for your head. . I
The little bank referred to Is an In c
teresting Observation-Disclosures for '
me originality OF the idea which II b
demonstrates and for the educational h
and ethical work Il has already accom-. o.
pnshed. and though small In deposits n
and depositors-no child over IA Years q
OF age IL allowed banking PRIVILEGE, "a
there-it Il very far iron, small In the q
scope OF Its Influence. and Is really b
one OF the most important economic en- m
terprises now being carried on In 81
Louis Through is influence 500 chll. he
dren have learned many lessons OF ch
economy. self-denial and generosity. 5n
ie1sons which they are putting fnto n,
dahy practice. to the great beneat Of c~i
an Win whom they come 10 contact. ar
ny means Of the system employed b. cot
the bank the Juvenile deposltors are Sci
also being taught accuracy ana onfsrli. VII
hess. and n they are old enough n ,,,,r. WI
prehend the instruction are given az mo-
insight Into the elementary principles
y modern business methods Through eas
no agency OF this little bank many boo
'oor families OF the Ghetto have had littl
Measures and comforts hitherto nm. the
.no"n to them. because the pennle. r
NAT formerly went for indlre~fihI. can
weets or big lat pickles are now sav. aecc
a. and when a sufficient number ~ chii'
nein nave accumulated they are ns..i ihel
~ otner larger and more lasting -, les
and there Il one cnse ~ M. he o
ank's brief history where a how ..vs.t Giob
'oukn money -s32--to 20 into bust
IS FOR himself That bog f. now A,
lucnting himself and also adding hls hts /,
ne to the general fund Tor the sun me,
" OF bis mother and three small ais v.,.,
-. III
Less man a year ago Philip r. se ..,s
l,on.1 49, % ,ne jewish Edu. at n
eets- e~tan,,ss.s N'n'n ana Carr the .
pose OF teaching economy and lnde. -
'nence to the children among whom 49,.
-. exnsp
Institution. and "a the Jobn.
one OF It's kind In the world 40 ara !.
as IS known. its deposition. are &C..
children unier f4 years Of age. ana ,no,,,-
" OF them are scarcely more thar .frn
ea Inc youngest deposition az pre.. .,.r ,
y israei Feiiman. who not onIv vtt.h,,,
rot speak English but II a. vet nm. ~ !.
70 converse inselIlgibly 10 any ian. ~.
e. lie 10 not yet 0 month. ola -
MS account to date amounts ~ -. !,
who a,n.ar .a..', 1919 ~ me oeposi- an loci
and siand n , H. % banking an rs
tneir turn TO deposit the monev ~, $50
they hold tight In their stIclv ~ y
nsu' are 50 tiny that only their anu "a
are visible above the cashier.
some OF them can make out II ~,
own deposit slips. and some can. playing
,ut all know very well whit fhex OF recer
loing and why they do n ana aeo Nil,
lid who brings two pennies laws (, .rhs
With his book with a. much or more cIs
as do those who can boast az than tbc
whole big dollar 10 az. xhoI. !.
for the fascinating colorad hav.
that are pasted IN the banE wald o.
crs Cnto
nps are used to register the a.. sexss -,
Instead Of the usual entry ave-. sid !, !,
ecause they are not only NOR. lra N 4,
understood BY the children. but I,ere in
ecm to have n stimulating 81 w,th A.. .,
The height Of every chlId's am. rhe ho,, !
seems to be to get yelIou .Is.d 81.
1.-THE 81 stamp) In his book 49, -,
u one OF the regular events of q, ~. y
hours for the children 10 On 49, u
little groups 10 compare boot. s.a.a 1''.,''
which has the most yellow ''''''''"'u.
The stamps differ I'm color nc.
to their denominations ana so he h
ose children estimate their own believe IN
~ adding the stamps IN their "Oh. yes
this wise: ever
nlckels. That's O dime. ain, Indeed
pennies. one penny. two more yes. IN
Inat makes a nickel. I got Press
ma nickel IN my bank book p p...
- sun" " % nc bic should