Norwich bulletin., 1922-07-07
SCHOOL CHILDREN SAVE $1e15
 THROUGH CHELSEA CLUE

Since tha last week of Ianaary. when l the first school made its first return, the school children in the surro1ndinl towtl- of North Stonington, Borah. Led l yard Lisbon, Voluntown, Sterling, Can terbury and Sprague have deposited s1,- 915.s9 in. The Chelsea School Club oper ated byS the Chelsea Savings Bank of Norwich At the end of the school year there were S1 school rooms enrolled in the club, most of the rooms representing a whole school. as the schools are almost entirely of the one-room rural variety.
 Not only is the actual money saved of vital importance to the children, but the early forming of theNsaving habit, and the banking experience are very beneficial and helpful to them.
 Every Monday morning directly after prayers each school room has it's bank ing hour at which the pupils make their deposits. In the schools with the older children, one Of the pupils is appointed bank teller by the teacher The teller sits at the teachers desk and receives the money. The amount of the deposit IS entered on a card retained by the pupil as a memorandum showing how much | the pupil has deposited The teller also 1 enters the depositor's name and amount of each deposit on form supplied by :, the bank This form is made out in | duplicate, one copy is sent to the bank
 with the money and the other retained l by the teacher as her record. After all
 the deposits have been made the teller
 adds up the bank sheet and counts the I money he has to see that his cash set tles.'' This little insight into bank | ing proves to be very interesting to the children, as well as instructive.
 These school funds are kept in a sepa-
 rate account at the bank until child has deposited one dollar. when it is trans
 ferred to the regular savings depart ment and a regular savings bank book
 is made out and sent to the depositor. In these 61 rural schools there have been 629 children who have joined the l club The Frost school of Canterbury,
 which has deposited s201.39 shows the
 largest amount deposited by one school.
 The second largest school was the Has kell school of Preston, with deposits of l s167.51. Of the 629 pupils in the club 386 deposited over. one dollar, thereby
 receiving a savings bank book. The town
 of Bozrah Heads the towns with total oi
 $48246 to it's credit, with Preston second
 with $329.04
 Next year a prize contest will agair
 be held for the best essay written by children on some subject to be an
 nounced. This prize contest will agair be held during National Thrift Week. Great credit is due the teachers whC
 have taken a very prominent part in en
 couras sing the school children in thei savings There has not been single
 complaint heard from any of the teacher : because of any additional work or fan i other care 10 think about. They hav all been sincerely interested and have uset every effort to train the children a.onl the lines of thrift as well as along tn r lines of reading and writing.
 ) Miss Sarah T. Palmer. state supervise l of schools in the towns of Canterbury 3 Lisbon Sterling and Voluntswn and s ) Hussey Reed of Norwich. state super
 visor in the towns of Preston, Bozral 7 North Stonington and Ledyard hay taken great interest in their school clubs 2 They have given the children brief talk l talks on thrift each time they have wis : tied their schools and have encourage [ the pupils in every way possible. [ The habit of thrift formed in earl, . life by these young people cannot hel
 but he very beneficial to them personally ' as well as to the coming generation | t general