School Savings Banks

A few years ago a French gentleman in America, M. Thiry, began to agítate the subject of school savings banks for children. Hispían was for the youngpeople to save their email sums, f rom a cent upwards, deposit them with the teacher each Monday mom ing, and have the amount recorded on a card, which the pupil kept. As soon as the sum contributed by any one pupil amounted to a quarter, the pupil received a bank book. The money of the school was to be deposited in a regular savings bank, his own sums regularly credited to each pupil. Monsieur Thiry had been a teacher in France. He had seen the school savings bank system tried thereand elsewhere in Europe. Belgium has at tbis time 4,700 schools, that have on deposit $678,167. Liverpool has 180 schools that have saved $122,500. France, the most thrifty and careful nation on the globe, has in bank school children's savings to the amount of $3,467,630. This was collected from 23,375 schools. Monsieur Thiry thought if the system could be adopted in the United States itwould teach our Yankee children early to have habita of thrift and to understand business methods. Eis idea is slowly being adopted in various parts of the country. There are now in the Union fif ty schools that use the savings system. They have already $50,000 on deposit, all saved from the nickels and small 8unis of the children. In a bank in Long Island City, a boy 11 years oíd has 5427.25 to his credit The children often earn tho money themselves.