OCR Text |
Show I (PjHILDKXN SAVE $t5QQ OOP IN PENNIES I m 1 iffy Thousand Depositors in the Penny Bank of the m. fed University Settlement, Where the Careful Little Ones of ST the Poor Are Taught fromJhe Primer of Thrift i - ," f (CrnPlit mio, 'J tlie ew lorW llcrald Co. All rlUita reriwl ) "' V I t xr.W YOTlK, Saturday. Sflf - iJ Q W much j on got?" Mi H ' H In a lenience i- exprcsbcd the rivalry 5S 1 fi 0 .f Bes-le StuueiM and Ernestine II.ill, In j irw w.iHiiiio deposit tlieh pennies In aSjl iv-nr. Bunk mi ihu I nicnlty Sct- H 1 vJoiiicm i u; i,L'usi,.)f thrift Is stimulated by the sense 'tBn cr ili.ili.i for these two girls aic onlj two of 50,000 tK tfopo-ltoia who -inco Its establishment linvc deposited ylB pennies to the sum of more than 6ne and one-half IB Next comes Louis Ferman. m a sRelchy cosjnme of cotton underwaist and "pants" niucii loo small. His bare shoulders scarcely reach above the table, but he doesn't know how young he lb. lie deposits five cent and getb a green stamp In a book half full of j allow penny ones, lie d&csn't Know what he If .n lug hl-money hl-money for, but agrees, in low of tho coldnes- of the weather, that a coat might lie n de-lrauli- object. Trank Aschc, tall and delicate looking for his thirteen thir-teen years, knows what he lb going to bu The thlrtj- Receiving teller at the Penny Bank. H lillllons of dollars In the three huudrul peuiij biuk- I Inp stations In settlements, schools and department Horos. H The Pennj' Bank, or, as It is oillclullj known, the W Penny Proident 1'und, ! the primer of tin lft and the m kindergarten of economic pilneiples na Uiught to tlie K cliildiea of the poor and not Inaccessible to the off- m gpnng of the wealthy. Observe Its popularity at the Setllomeiit In ltlIng- M ton treot as presented last deposit d.i.. Fhe hun- m lied Dessle Stnngers and Trankie Joneses aie In Hue. 1 J'lie&o tousled heads bob together, p each other I wltli tine&tlons and wait proudly, their bmk books In 1 tlioli liny hands, until their pennies aie exchanged for ,i.iniis oue cent, two cents, fhc cents or ten centb H ji Kordnnce with their prowess for solf-denlal. 'The K Lm.-LMalty Settlement Is the largest of the deposit H st.nioub and close to $300,000 in pennies 1ms been de- B tMtsitctl there H J wuiity jearb ago Otto T. 13-inn ird and Hobeit W. m l I orest, president of the Organuod Cli irities, (ft 'ouiidcd the Penny Proldent Fund on tlie plan of the H LiiINU penny banks. From the Vuitcd Chanties B Uiiildiiig It has spread all over tlie Ka-iern pait of w In L nltwl States. Deposit day at thu University B t-eiiloiueiit L typical. It Is interesting, too, Xor the B -jk i icle of th e hundred chlldien sa mg their pennies B ' .i this, that or the other whatever takes their fancy ,ji noed may suggest is a lesson suggesthe of a K jiicht outlook. v B 1 ne. aro gathered, these embryonic llnauclers, IB i waiting the signal, for they hao been sent to seats IB lending the "opening of the bank." IB ''t tows, rise," orders the teacher-cashier. IB llastib the joungsters scramble to thHr foot, frath- B M,,, U' Lhelr sch00' UO0,vS or smoothing theli pluu- IB Column left." the order might be, fur each turns IB i ml the line of march Is formed. II 'March!' and they advance tow aid the luclvlng 1 1 able In one hand uro the pennies, tlghlly giasped, II hi the other, stamp deposit card, and thai caid Js held ill with a grip of steel, for on It is written in black Mc "If this card, is lost or debtroied no paymenL rv 111 be made thereon." There K another lesson iiefulness. Well, Tommy," greets the teacher-receiving teller, ', i hhe takes direct from his tight little fingers four ji miles sweating there. Tommy !g the first In line, tinl proud of it t i much?" encourages the teach tor. "Good!" And wining opens his stamp book and gleams in saUsfuc- ion as the moistened stamps :i,ro imstad upon Its noL ou full pagu. . ( L The line ciowds up. Then coiuch Jlnr. The Stamps Put On,, Proud lj she lajs down a dollar, a quartci and a Mine. While .in olive, a red and a biown stamp arc ehic ..dded to her store there is nu, ImeiTuption.ln h" jH-i-iiii of a sinnll giil with eyes tSk"c lilnclz clior- i - wlio comes pin ting up to the 'iid of the. Hue. r l"-ui i In portion of the Foolish YSigm 's l)erp. for tjio l .i mg teller shakes hei ead. "No, Hose, if jou aren't here on time some oue eNe I will hae to lead tho line. Co lo the cud ' JJwdeutl.v vJjb bujiU ouaniii-niiea nromijtur.! m tvo!' j tluir fffSMMtS&l&z' WMSuflf ;f":: rJ 'ZZJr'rss n PBE Receiving teller pasting on the stamps in ex- Passing in her stimp book to draw out account. ; nine ponule chui he bclngd tied up In a bag bavo been earned cairylug eakes lo ctistonrrfrs fjoin hla father's bakery. Sometimes II is "tiwCul lar," and he wants a wheel. , The leeeivlng teller does not always film" out the QCicts of the child's thrift the object of ocouomy. U Is to the paying teller, who Q.oshcs in the stamp books, that the Uttio flnuuclcfs loll tuolr storlci? i . i They have had tinio to think It uei talk it qvw wltli molhci or father, und thej kuow when llioy draw out -Iheh pennies oaetlj for what the Hjvlutrs nre o be -ient o the It no in ilcilsluii i- Icuiihh A . i ( mi . .ci I ill. I (ir fl jJ, . J jiln, t W i "j- fjj'S3BVI'WfSfPnS ' -mini 'mwiif - J ..- y i i i uin 1 H Tjj jgHA 'Little financier?, deposit books in -hand. H V'raSfflSBfk "fePX iwaiting fcr iitc order io marcrL. H lo the puylng teller. Sho withdraws Her payings of two years, sovonty-nin cents. ftVhnt ia ltj Cor? To buy a dress Tor a holiday. Miss Tucker Is accom-panlctl accom-panlctl by Sarah Sclmeider, who inlorprotl for hor. She fs uTrawIng out $2.8S to buy a skirt Sho likes to suve In the bank "eoines more " , Sarah apologizes for the siualluess ot haV account "Sluco August I rode awby to my aunt's rilfe' maiuinn vw ill put uioro to it to bV iuc n hat." A Molly and Ernestine keep the Hues tftnkjh Molly's ohek braid- bob and shb bubblos wlih lufoiftmtlrtn of In I ituin - V I . v u , r l y i. ' i i.iKc caie 31rsT3iown's baby. Once I took flowers by a ladj In Fifty-ninth street for fifteen cenls. Come3 theio she gives me another fifteen cents! 'Take it,' ke says, ' 'cause you're so little to copie jso fai.' Yben I had nino'ly cents lfiy father put lei) cents to It to make Jt for a d611ar. and bought me some shoes on a pushcait. 'cause It's cheapci. Once T sacd $2 and bought me and my sister dresses for ninety-eight cents. Sine, 1 beloug to a club, the Kindergarten Alumnae." Work After School. . rpllj"s slater Becky is as fair and silent as Molly IS dark and loquacious. But Becky Is industrious. She works Xor a hairdresser afler school, "taking ' 'Apart" false puffs, nt the rate of a cent for two sets. -3hp also translates "out -of Jewish" for the pro- prletrcss. The lad,v wm does up Ihe puffs again gets $6 a week. But she fsold. The owners of the puffs pay twenty lo twenty-five cents for this renovating process, according 'to the size and number of their hirsute adornments. The woik is done In a kitchen. "Comes a curtnlnf." Bui it must be redolent of food where patient Becky and Lhe 5G lady woik amid a sea of puffs! Cellq, coming in with a full book, exhausts tho paying1 tellers resources. Uq borrows openly from th,Q patty pans, keeping track ou the back of an envelope. en-velope. But Cella herself restores confidence by refusing re-fusing the money. She doesn't want to "draw out," dily a new book. But under dhectlon she take3 tho $f and Joins the lessening Hue of depositors, where li 'due courso fifteen olive gieen stamps in a new l)Q0k are deliveied to her. She icslsts tlie rccehlug lollor'8 plea to take It lo a savings bank. The Scttle-mon Scttle-mon l? nn accustomed filend, but Cella's first visit lo a strango bank will have lo be personally conducted. con-ducted. ' There is a $uddcni aujry alloicatlon, for Sarah Slelubjrg, corning latc. insists on going to the head of rife line because she has to get home'. But litis is an gld tujek of Smalls, aud P-nestine Is adamant. "Get Qp Il end'" he einm d'n, Sawih Is t not quelled, ijvveiJ'rr. wTthoi th hei.j tf Mr frlefld. tlie palng tolkr 'I trnt l in id on mm ' l'e iwius hi"i whin i lh ii i i i . " i" '3 l the children sao their money for. One little gitf H saved C0 to buy a tombstone for her sister. H Another scraped together almost as much for M piano, her father helping her toward the end. IH An older, boy sa- ed for his violin and pays for his M lessons regularly Unough the bank. A glittering pair IH of skates illumines the sky and obscures tho snn of Italph Keeker's universe. They lighten his loll of IH carrying packages from a store to an express office. B They probably will not conlinuo to be the incarnation y M of his happiness. They may land him on his head B more than once, but It is doubtful if they knock out of M it the lesson they have taught him of present depriva- B tlon in favor of future satisfaction. IH The paying teller may not commend Fannie Solw ay's B purpose of putting her entire savings of two years into B agold bracelet. lie commends her neat book, how- M ever. But Fannie wants to attain her highest desire M while it is within her grasp. Only Fannlo knows how, M much more than $10 that bracelet will cost. She M icallzes that the value of a thing is to be measured in B denial and desire and not in money. B Meantime the paying teller is confronted by Bessie B Stangcr, who brings in three books, her own and her B brothers', because they arc going to "move far." B Bessie signs the names on the outside of all Hires B books, but has to pay five cents apiece for the last two B because they contain less than fifty cents. Each do- B posltor is supposed to diaw his own money and sUn B his own name. But in this particular station a sister jB Is sometimes allow cd to draw for a brother ne er, jB alas for masculine problryl a brother for a sister. jB Careful of Accounts. jH While the paj'lng teller Is still looklug up the names IB and addresses in his big ledger and verify lug them by H tlie numbers on the books a weeping little girl, with B her head tied up In a towel, comes up to tho desk. jB Her book is gone. "A street bum gra-abbed it right oue H ol her hand." She ends with a wall that renders even H Ernestine sympathetic, in spite of this breach of dis- IB ciplinc. Minnie doesn't remember tho number of her H book, but bhc knows the date on which she got It and jB that places it. jB If it is presented for collection It can be confiscated B and returnetl to her. Otherwise she will lose tho H money entirely. Tho man can soak off the stamps H and sell them to other depositors. Though stamps H that evidently have been transferred always are ques- H Honed, payment is seldom refused on them. Some. jH times a stamp works loose from a book, and then It Is H supposed to bo brought back and pasted in by the aid H of the mucilage bottle on the receiving teller's table. H The loss of a book usually means tho loss of tho H money. So the children are encouraged as soon ad H the accounts reach the dignity of dollars to deposit H them in a regular savings bank, where they will ba H safe and will draw Interest. Thus the child learns H not only the satisfaction of saving, but the relative H alue of money. IH And every time that Minnie and Mollle and Frank H pass the hokey-pokey man and the nickelodeon with H their money safe in their pockets they gain a strength IH that may help them to1 resist graver temptations wheu IH they are older. Industry, self-denial, thrift, lna H peudence are lessons attempted by the Penny Bank. H And how does it affect the joungsteis? H "What they themselves think Is Important and in- H tcrestlng. Alma, a Ilounianian, will talk. Sho is elo- H qucnt ocr the satisfaction of being the proud pos- H sessor of a bank account. Tall for fourteen jears, H she Is conspicuous among the Itusslan children, but H her big blue eyes and heavy golden hair would attract H attention anywhere. She Is in the seventh grade, and H net year she is going to stop. Wlij 2 She Is going H lo lhe technical school lo learn to trim hats. Would H she like that? She would. Iler ejes reflect tho shim- IH mcr of the silks and Aehets. They arc not-going to jH pass a girl like Alma by. H But how is she to get them? The Scttlemeir jH stietches protecting arms around her. It gives hei young friends to meet and gossip with, older oues u consult and trust, a place lo spend her lelsuie time It even understands her ciaving foiv pretty clothes H and is showhig her the only sifc way to gratify it H through her bank book. H Already Alma has learned. II er blue linen dic H wltli its white buttons L neat and becoming. Coat H $1.0S. She smoothes it complacently. Where did sU( B get tho money? Earned it packing postal cauls am. H doing errands in a factory thb summer for $1 a week Jlard woik? Not ery. But yes, It was pietty ban H npw that she thinks of IU But bee, she has her mono., lu the bank, enough for all winter. And her com placency reveals Itself not so much In pride In hit H pretty dress as a ioallatlon of tho dignity of-lnbot H and of her won Independence. H A shield to her youth, her bank account will be i H crutch to her age, for th6 habit of sa- lug has fnstem u Itself upon hei. Out of iwu pennies she will alwioj B laj asjtle on N alin-houte eei will get her, ami H Hit- Is i In iibjci t nf Hie Penin Bank an effoit of phi B i-i 1. l.nKs ! nu jim t.. tniiili i H Li, i 1 i hi in. il. iio.i linn Lu don HH |