Evening journal., 1912-11-18
c. B. MITCHELL.

c. B. Mitchell, OF Baltimore, has
been asked by the management Of
the Citizens School for non-English
speaking people, located at Elm and
Van Buren, streets. to take charge as
one Of the teachers Of English. Il is
expected that he will give especial
emphasis 10 tho correct American
way Of inducing the newcomers to
use American banks in depositing
their earnings rather than to send SO
much abroad or put in hiding places
for safe keeping as is now so largely
done from lack of information as to
the safety OF American bank institu-
tione. AT a meeting of bank repre-
sentatives OF this city held some
months ago by invitation Of Mayor
Howell in his Office the matter was
discussed and sufficient encourage
mont given the plan to warrant the
search for a competent man of bust
ness and especially banking exper-
fence who could take up the work.
Mr.. Mitchell is a successful young
business man, who for "A time was a
member of the clerical force of tho
b. & o. r. r, Co., and later auditor Of
tho Metropolitan Life Insurance Com
nany. from whose officials he has
recommendations. The character of
the work OF helping the newcomers
10 learn the language and correct
American ways-onc Of the most i'm
portapt of which Is 10 get bank ac-
count-has so impressed Mr. Mitch
ell with its Importance that he has
consented TO take up the work here
on Jan !.
The Importance of this feature OF
work in all communities enlarges as
ono secs the enormous sum Of money
fiht is annually sent out Of the cOun-
try This. according to the report OF
the commission 10 Congress some
months ago appointed - Investigate
the matter and which spent some
time abroad, amounts 20 moro tns7
S275 100000 each year distributed as
follows.
To Italy ................ SS5, ,000. 600
To Austro Hungary .... 75,0C0,OO0
To Russia ...........-... z0,OVu,uuO
TO Great Britain ...,..... 10000 600
To Norway .-.-.......... Z0,OOO,uou
TO Sweden and Denmark. 25,000,000
To Germany ............. l5,OOO,OOO
Total ............... S275 900. .OOO
The commission also reports that
there were at the time of the report
2.300 mushroom" banks in existence
in the United States institutions that
are a menace to the prosperity OF
the foreigner as recent events at I'm.
iontown aud other western cities
have shown. There are many evi.
dences of the fact that there arc
vast sums of gold in every cOmmun
fly that never get into the banks, the
safest place in the world for unused
money. as all good Americans know
and especially so in Wilmington
where IL is said there has as nevel
been a bank failure. Fr the fourteen
months previous to Sept 1. 1,114.9S'
foreigners arrived in America. bring
ing with them over S46.O0O.0O0 TIT
immigrants carried S33.OO0,000, M
average of S3S.00 per capita.
n can thus be seen how with
million or more thrifty people VIII
go to work soon after their arriva
enormous sums of money will 500
accumulate only a small portion q
which never finds its way into Ameri
can banks, as the report of the Con
erossional commission has shown.
The Rev D. NJ. Cleland. OF the Cit
zens' Schools here. who is securin
fhc guarantee from the banks of $40
month TO support Mr.. Mitchell an
his family who will move TO Wi
mington. recently persuaded a youn
italian newly arrived to change hi
gold that he had received at Ell
Island in exchange for his Italia
money into a bank draft here. whiC
he did The next day passing throuR
New York city on his way 90 his far
position he was robbed of all he ha
The bank being notified Immediate
stopped payment on the draft an
now after a few preliminaries al
arranged the young man Will recei'
his money. Mr. Clelands interest
the people themselves, as well as
correct business and good America
NAYS. assist greatly in this enterpri'
IN which the local board is assure
not only the banks but all citizel
will be interested. This is only OF
OF the many ways in which q
schools are enabled to return to d
community where they are locat
large investments on funds emplo
ed in their maintenance.
As soon as the guarantee is secur
a meeting of the board of manage
will be held with representatives
the banks and Mr. Mitchell for. OF
lining a program of work along the
lines.
The buying public as n G result
many practical experiences, b