Show EASY WAY TO SAVE NICKELS how the tile new w system work in detroit and other cities ono of tho the moat most important mo movements 0 ments in jhb economy of tho the american people is the nickel savings stamp system to edwin F alack meek of tho the citizens sa savings ing i bank of detroit belongs fio tho credit of haviar introduced llila into th the banking 8 stem of tho the united states the idea was not original with mr hack black ns as a somewhat similar has been in use at frankfort on tho the main for 3 5 cars from the penny savings stamp pi in of tha the great banking city of germany mr mack alack conco conceived hod tho the idea of establishing a nickel stamp scheme for deposits in his savings bank in detroit altai getting a design for or a 5 cent stamp ho he had stamps printed and started out onu ono morning last juno june in a bugy buggy and drove through tho the bub suburbs arbs of detroit and established thirty agencies these theio he lie located aa as a IL rule li suburb tu burbin m drug dru status and when possible in close proximity to public schools pl where school children were in the habit of going to spend their money each agency was supplied v ith a quantity of stamps and blank deposit books book books aro are arranged so that each page holds twenty when agag a page a la is covered the bink issula a deposit book with a credit of 1 upon which interest begins at onro at 4 per cent cant the ad advantage antares of tie boston are man i the principal one being that small 11 I 1 amounts of money may bo be transferred into a credit in tho the om ings bank wl without th a personal isit to td that institution 1 in detroit where the s stem has been longest established a largo large number of stoles et 01 es are provided with stamps stampa and custor aora l often take them for change instead of money those these stamps they paste in book and without mim missing the amount they soon accumulate 1 the plan hai become very popular in detroit Det rolt during the flatt three and one half months of its establishment more thin than wa WW deposited the plan has been recently adopted by banks banki in san francisco columbus denver los An angeles goles bt st paul louisville and a bumler of smaller places |