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A New Invention

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[Froni the Burlington Hnwit-Eye.l The ITawk-Eye has jast got iuto its new editorial rooms, and it is proud to say that it has the finest, most comfortable, complete and convenient editorial rooms iü America, They are flnished off with a little invèntion whioh will be i of untoid valuo to the profession of journalism when it is generally adopted, and we know that it will rapidly come into universal ttae as soon as its merits are understodd ánd appreciáted. We believe it is fully equal, in all that the term iniplies, to the famoua Bogardess Kicker, less liable to get out of order, and less easilydetected by casual visitors. It is known as " Middlecrib's Automatic Welcome. " The sanctuni is on the same floor as the news-room, being separated from ii by a partition, ín which is cut a large window, easily opened by an automatic arrangement. The editor's table is placed in front of . that window and near the head of the staira, and on the side of the table next the window, directly. opposite the editor, the visitor's chair is placed. It has an inviting look about it, and its entire appearan'w ia gmleless and commonplace. But the strip of fioor oü which the chair rests is a deception and a fraud. It is an endless chain, like the floor of a horse-power, and is operated at will by the editor, who lias merely to touch a spring in the floor to set it in motion. lts operation can best be understood by personal inspection. Yesterday morning, about 10 o'clock, BIr. Bostwick carne in with a funny story to teil. He naturally flopped down in the chair that had the strongest appoarance of belonging to some one else, and began in his usual happy vein : "I'Ye.gcrt tlw richest thip.g - qïi ! ha, ha, ha i - the best thing - oh ! by George 1 I can't- oh ! ha, ha, ha ! Oh ! it's toó good ! Oh ! by George, the richest thing ! Oh ! it's too xoud ! You must never teil where you got - oh, by George! I can't do it ! It's too good I You know - oh, ha, ha, ha, oh, he, he, he ! You know the - oh, by George, I - " Here the editor touched the spring, a nail-grab under the bottoin of the chair reached swif tly up and caught Mr. Bostwick by the cushion of his pants, the window flew up, and the noiseless belt j of floor gliding on its course bore the I astonished Mr. Bostwick through the j window out iuto the news-room, half way down to the cases, where he was received with great applause by the delighted compositors. The window had slammed down as soon as he passed througb, and when the editorial foot was withdrawn from the spring and the chair dropped and the nail-grab resumed its accustomëd place, young Mr. ÍSostwick found himself so kind of out of the sanctum, like it might be, that he went slowly and dejectedly down the stairs, as it were, while amazement sat upon his brow, like. The next casual visitor was Mr. J. 1 ■■ 3P-.. Ii i - ■';- TT liaI a. copy of the Bcavk-Ege in his hand, with all the typographiöal erroi's maïked in red ink; and his face was so wrëathéd in srniles that it was impossible to teil where his mouth ended and his eyes began. He took the vacant chair and spread the paper out before him, covering up the editor's manuscript. "My keen visión and delicate sense of accuracy," he said, "are the greatest crosses of my life. Things that you never see are mountains in my sight. Now here, you see, is a " The spring clicked softly, like an echo to the impatient movement of the editor's foot, the nailgrab todk hold like a bull-dog helping a Burlington troubadour over 'the garden fence, tlie chair snot back through the window like a meteor, and the window came down with a slam that sounded like a wooden giant getting off the shortest bit of profanity known to man ; and all was silent again. Mr. Flaxeter sat very close to I the frosted window, staring blankly at tho clouded glass, seeing nothing that he could offer as any explanation of what he would have flrmly believed was a land slide, had he not heard the editor, gafe in his guarded den, softly whistling, " We shall meet, büt we shall miss him." Then there was a brief interval of quiet in the sanctum, and a rustling of raiment was heard on the stairs. A lovely wbman entered and stood unawed in the. editorial presence. The E. P., on its part, was rather nervous and uncomfortable. The lovely woman seated herself in the fatal chair. She slapped her little grip-sack on the table and opened her little subscription book. She said: "I am soliciting cash contributions - strictly, exclusively, and peremptorily cash contributions - to pay off the church debt, and buy an organ f or the Mission Ohurch of the Forlorn Strangers, and I expect " There are times when oecusion demands great effort. The editor bowed his head, and, j after one brief spasm of remorse, feit for the secret spring. The window went up like a charra ; tho reckless nail-grab hung back for a second, as if held by a feeling of innate delicacy, and then it shut its eyes and smothered its pity aad reached up and took a death-like hold on a roll-of able and influential newspapers and a net-work of string and tape, and the cavalcade backed out into the ■ news-room with colors flying. The chair stopped just befare the familiar spirit who was washing the forms, and as the lovely woman gazed at the inky f ace she shrieked, "Merciful heavens, where am I?" and was borne down the gloomy stairway unconseious, while the printers whose cases were nearest the wicked window hoard the editor singing, as it might be to himself, " Dearest sister, tlxou hast left us." Savings Banks. The savings bank system of the world is the subject of an interesting report by the Italian Bureau of Statistics to the Statistical Oongress at Buda-Pesth. The savings bank is modern. The flrst institution of the kind was openod at Bernc, in Switzerland, in 1787. The ürst in the United States was founded in Philadelphia in 1818. In 1872 thore were in Europe 9,000 savings banks, more than half of thom in Groat Britain, and holding a quarter of tho total deposite of $1,100,000,000. Three years later, in the United States, there wero less than 700 savings bar.ks, with $850,000,000 of deposita. The United States has the heaviest amount of savings deposits ; England follows, and Austria with Hungai'y comes next. Denmark has the largest per capit.i average of savings - about $28 for each inhabitant. The United States and Swilzerland have $22 each ; England, Gormany and Austria hftte $10 for every inhabit:iï)t ; and Italy $5. Holland puts little faith in savings banks, and in ttassia proper there were in 1872 less than $4,000,000 of savinga deposita. The only European institution that is as largeas the largest American banks is tho Vienna Bank, which has $40,000,000 of deposits. The deposits of the Caisse d'Epargne at Paris declinod from $14,000,000 in 1840 to $8,000,000 in Í8?5. The Borlin Bank- a monopoly - had at the close of 1874 only $4,000,000 of deposits. In England and in France the deposits are invssted in Government securities ; in othor countries boüds and mortgagea are favorito investments ; but in Norway three-quarters of the savings deposits are in commercial paper.


Old News
Michigan Argus