The Hood River glacier. (Hood River, Or.) 1889-1933, 1915-12-30
SCHOOL THRIFT LES
SONS ARE PROPOSED

Carlton A. Orisr. Of Couer d'Aiene,
lda.. former superintendent Of schools
at Spokane, Who Ia now working In the
interest Of inauguratine . system of
inculcating thrift among the pupils of
the public schools Of the country,
atopped here Friday morning to confer
vita rrof. Mclaughlin. superintendent
of city schools, while en- route home
from Salem, where be had been attend
ing = meeting Of county school superin.
tendents OF Oregon.
Forty three states have adopted our
method Of teaching thrift" said MIR.
Grier. Twenty ave cities Of Washing
ton have taken it up, and the people of
Idaho have given 1t wide recommend.
ation."
AN outline Of the proposed plan is
given below:
Assuming that board of education
has approved OF the plan and that one
or more local banks have taken 4he
necessary steps to co-operste-the child
first becomes interested In saving by a
few minutes talk on thrift given by
the teacher at least once q week. When
the pupils interest ID 80 aroused and so
keen that they are really anxious to
begin to save, the teacher explains the
general idea Of the Systematic savings
plan and urges them to talk over the
plan at home with their parents. At
this time the teacher gives them the
card Of introduction, which In due time
10 presented 20 the bank which the
child, advised by bis parents, may se-
lect.
The child's earnestness most always
receives the encouragement Of the par
ent, who goes with the child to any one
of the regular banks that have adopted
the System bank" plan, and there the
card is presented, together with III
cents, to the bank teller. In exchange
the teller gives the child an envelope
bank. He explains that when the child
returns the bank with one dollar in il,
he will be given regular depositor's
bank book-and that the initial pay.
ment of 10 cents will be credited to him
when his first dollar is deposited.
The system bank d. an envelope. II
is of tough durable paper, protected by
back and front cover, which carries
the authority of the school and the ad.
vertisement of the bank. The coins
are inserted in this envelope bank
through a slot so formed that they can.
not be taken out. At the back Of the
envelope is hopper slot closed by the
banks seal. To remove the coins the
teller breaks this seal, resealing or re-.
placing II with new o..e.
The pupil having secured his system
bank from the bank teller. returns to
the teacher and is given a card which
is thereafter bis property. On this the
pupil records his savings as copied from
the face Of his system bank envelope
ard once a month takes the card to bis
teacher that his report of savings and
deposits may be copied from bis card to
the record card of the school. The pu.
pills bank book presented to the teach.
er at the same time certifies the cor.
rect report Of deposits. This assures
the school having an authentic record.
Thus the plan is put into practice :
the child ID encours ged In his saving BY
the teacher. He deposits his pennies,
nickels, dimes or quarters In bis en-
velope bank = marks the amount on the
face Of the bank by weeks-takes 1t to
the local bank, az often as one dollar is
accumulated. Sums thus deposited are
entered in the depositor's savings bank
book which the child showsshis teacher
each month";, to verify them.
The above is simply q bare outline
explaining the rudimentary steps of the
system.