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Show SCHEME OF SCHOOL SAVirGS HAS BIG 'GROWTH Thrift Educational Campaign Cam-paign Among Pupils Is Having Good Effect The "second veneration advantages of teaching th thrifty uss of lnoom by savins; for future expenditures, by hand I Ins; personal finances according to the principle of sound business management, Is Indicated by a report to the American Bankers' assoc'atton. savings bank division, from N. D- Mnl-lorv. Mnl-lorv. manager of the Macon (Ga school savings banking system for th four participating banks: "Our system waa Installed In th schools during October of last year. We are. therefore, limited as to experience expe-rience la educational work. "He far we hav devoted moat of our efforts to an enlistment of th cooperation cooper-ation of th principals and teachers in the schools, and of th parents In the homes. Th first we attempt to accomplish ac-complish by sending weekly reports ot the stand I ng of her school to each principal. We compliment th teach-ers teach-ers whose grades ar god and say an encouraging word to help boost th ones who ar a bit behind, occasionally occasion-ally ft report of the other schools in the system la sent to each principal. This create a healthy rivalry. In on particular Instance rt helped on school get three 100 per cent classes. Frequently Fre-quently when visiting the schools on 'bank day we step In and say a word r two te an leash er wd class. It helps both. "Then. too. th parent need attention. atten-tion. Th system is a new thing and they knoW very little about It. They must be shown that It la no advertte- Ing scheme of the banks to Increase I their deposits They muM be assured In a tactful manner that the banks are sincerely Interested In the future of their boys and girls- that the banks are entering the field of philanthropy and education and ar willing to wait for tbe next generation to reimburse them for time and money expended now. To help accompllah this the writer writ-er has had th .pleasure of speaking to a large number of the Pa rent-Teach ers association of tha city. "Two facts stand out to snconrag the participating bank. First, having only begun the system In October, It was feared that a majority of the newly new-ly opened pupils' accoants would be closed for Christmas money. On the contrary, each bank reported that no more than a dosen or two accounts were closed at that time. A report from on of th banks showed total withdrawals from October 20 to January Janu-ary SI. 1921. It II This shows that th pupils are serious about saving their money. "Hecond. th writer has failed to hear one real criticism of the system from the parents. Many of them have been profuse In their praise. Borne have "failed to cooperate, that's true. But ir those who have tried It ar boosters, we have hope for th others. "We recommend-that the school aav-tnga aav-tnga system be carried to th negro schools of the 8outh. As an experiment experi-ment we tried only two such schools In our crty. Results, however, have been so gratifying that doubtleas all negro schools will be included next year. "If I can nasi at In any way your efforts ef-forts to popu larlse and extend this great Idea, 1 shall be happy to cooperate cooper-ate " Reports on school savings banking systems for th first half of the present pres-ent school year are being compiled by the American Hankers' association's savings bank division. Thee reports Indicate th growing Interest of pupils in having bank accounts ac-counts "It's Ilk daddy's" as well as of the, school authorities; th hanks and ths parents. In some schools the pupils hav th option of having their savings go to bank accounts or to war savings securities. Kor Instance. Minneapolis Min-neapolis reports war savings stamps , sales of lifts 18, together with bank deposits of 63,3ir&2. and 2M) pupils, had a balance In th bank on January 11 of l4ge.0e0.Ss. |