The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-07-22
TEACH BANKING IN
PUBLIC SCHOOLS
Scheme Outlined to Amer
can Institute of
Banking
BANKERS TO SPEAK
BEFORE CHILDREN
School Boards Endorse Work. ID. c.
Wills Castigates Super-System i'm Bus
iness-Cant Chart God or Human
Nature He Declares

MINNEAPOLIS, Mimi. July 22.-
Plans of the American Bankers asso-
citation to dispel mystery about bank
ing in the public thought by taking the
bank to the public school this fall were
outlined to the American Institute of
Banking here today by John IL. Pue-
licher of Milwaukee Mr.. Puelicher Is
chairman of the association s commit
tee on public education.
BY showing that they occupy a use
full place in society, the bankers hope
icalism that thrives on ignorance of the
services of the banking business, he
said.
Ten lectures on banking have been
carefully prepared, one for each month
of the school year, starting with next
Sept ember. MIR Hueucher related.
The banker nearest tine school is to de-
liver the lectures to the It'll and Sth
grades of the common school, To the
high school and the college. He will
simply refer to the outlines for ideas
and background, localizing the story,
using illustrations and incidents famil-
lar to the children
He will show them specifically what
banking l., telling them about its orr
gin and its purpose in our commercial
scheme. Then, after two or three Wis
its. the banker will invite the school
children to the bank and permit them
TO visualize that which has been talked
about. .@
The lecture outlines have been sent
to the superintendent of public in
Struction OF all of our states and to
many others i'm the teaching profession.
Scores of letters have been received
from educators approving the plan and
promising active cooperation.
Many financial magazines have
agreed To publish each month the lee
ture to be delivered the following
month. Text book publishers are plan
ming to enlarge chapters on banks and
banking in the tre8tises on economies.
School boards have agreed TO endorse
the work. -
Super-system, titles that cause heart
burn and overdone statistics were gen
tly caStigated here today by ID. {. Wills,
chairman of the board of the Federal
Reserve bank of Cleveland O., in Il
practical business talk to future bank
executives.
Going through the motions of doing
business without really getting down to
business - was the theme the Cleveland
banker eNpounded. He summed it mp
i'm the title of his address. knowledge
vs. Wisdom. and here are some of the
bits of business wisdom he gave the
young bankers:
Full credit must be given to organi-
7ation and machinery. since order Is
Heavens first law. What | want to
get across is kick against the pyra-
miding of system that finally leads to
bureaucracy. ] do not think it is the
duty of the public to conduct a continu-
Gus audit of a concern with which it
trades.
"As to statistics. accurate data intelli-
gently arranged is so far ahead of
lunches. guess work. general results.
and rule of thumb that it Is as cleo
tricity to candle light. Nevertheless, its
use can be overdone and is being over
done. Charts and barometers are fine,
Int there are two subjects that cannot
no chartcd: They are ALMIGHTY God and
human nature, and both cut quite a fig
IRE.
TT is my Judgment that lot of us
are gettinq our trousers shiny sitting
ut our desks mourning over statistics, de-
rartment reports. etc. who could spend
o.'r time to better advantage learning
tie people in our organizations and get
ting a more intimate knowledge of the
yiewnoint of those with whom we do
business