FREE BOOKS

Author's List




PREV.   NEXT  
|<   535   536   537   538   539   540   541   542   543   544   545   546   547   548   549   550   551   552   553   554   555   556   557   558   559  
560   561   562   563   564   565   566   567   568   569   570   571   572   573   574   575   576   577   578   579   580   581   582   583   584   >>   >|  
, religious instruction, we know to have been most happy. Some have acknowledged it, living, and have shown better lives. Others have spoken of it in the hospitals and on their death-beds, or have written their gratitude from the battle field." The officers of the Lodging House use their influence to induce the boys, who are the most notoriously improvident creatures in the city, to save their earnings. They have met with considerable success. There is now a Newsboys' Savings Bank, which began in this way: A former superintendent, Mr. Tracy, caused a large table to be provided and placed in the Lodging House. This table contained "a drawer divided into separate compartments, each with a slit in the lid, into which the boys dropped their pennies, each box being numbered and reserved for a depositor. The drawer was carefully locked, and, after an experience of one or two forays on it from petty thieves who crept in with the others, it was fastened to the floor, and the under part lined with tin. The Superintendent called the lads together, told them the object of the Bank, which was to make them save their money, and put it to vote how long it should be kept locked. They voted for two months, and thus, for all this time, the depositors could not get at their savings. Some repented, and wanted their money, but the rule was rigid. At the end of the period, the Bank was opened in the presence of all the lodgers, with much ceremony, and the separate deposits were made known, amid an immense deal of 'chaffing' from one another. The depositors were amazed at the amount of their savings; the increase seemed to awaken in them the instinct of property, and they at once determined to deposit the amounts in the city savings banks, or to buy clothes with them. Very little was spent foolishly. This simple contrivance has done more to break up the gambling and extravagant habits of the class than any other one influence. The Superintendent now pays a large interest on deposits, and the Trustees have offered prizes to the lads who save the most." The deposits of the boys now foot up an aggregate of about $1800. The boys are assisted to earn their own support. Says Mr. Brace, writing in 1870: "Through the liberality of one of our warmest friends, and generous trustee, B. J. Howland, Esq., a fund, which we call the 'Howland Fund,' was established. He contributed $10, to which other patrons added their contributions
PREV.   NEXT  
|<   535   536   537   538   539   540   541   542   543   544   545   546   547   548   549   550   551   552   553   554   555   556   557   558   559  
560   561   562   563   564   565   566   567   568   569   570   571   572   573   574   575   576   577   578   579   580   581   582   583   584   >>   >|  



Top keywords:
savings
 

deposits

 

locked

 

Superintendent

 
separate
 
depositors
 

drawer

 

influence

 

Howland

 

Lodging


awaken

 

instinct

 

established

 

amazed

 

amount

 

property

 

increase

 

amounts

 

determined

 

deposit


chaffing

 

patrons

 

ceremony

 

contributions

 

lodgers

 
opened
 
presence
 

contributed

 

clothes

 

period


immense

 

interest

 

Trustees

 

offered

 

Through

 

prizes

 

writing

 

assisted

 

aggregate

 

liberality


foolishly
 

simple

 
contrivance
 
support
 

warmest

 

extravagant

 

habits

 

friends

 

gambling

 

trustee