subsequently. The object of this fund is to aid poor and
needy boys, and supply them with the means to start in business. We have
loaned from this fund during the year $155.66, on which the borrowers
have realized a profit of $381.42. It will be seen that they made a
profit of 246 per cent. We loan it in sums of 5 cents and upward; in
many cases it has been returned in a few hours. At the date of our last
report there was due and outstanding of this fund $11.05, of which $5 has
since been paid, leaving $6.05 unpaid."

The work of the Lodging House for seventeen years is thus summed up by
the same authority:

"The Lodging House has existed seventeen years. During that time we have
lodged 82,519 different boys, restored 6178 lost and missing boys to
their friends, provided 6008 with homes and employment, furnished 523,488
lodgings, and 373,366 meals. The expense of all this has been
$109,325.26, of which amount the boys have contributed $28,956.67,
leaving actual expenses over and above the receipts from the boys
$80,368.59, being about $1 to each boy."

The other institutions of the Children's Aid Society are conducted with
similar liberality and success. We have not the space to devote to them
here, and pass them by with regret.

It is not claimed that the Society has revolutionized the character of
the street children of New York. It will never do that. But it has
saved many of them from sin and vagrancy, and has put them in paths of
respectability and virtue. It has done a great work among them, and it
deserves to be encouraged by all. It is sadly in need of funds during
the present winter, and will at all times make the best use of moneys
contributed towards its support.

It employs an agent to conduct its children to homes in other parts of
the country, principally in the West, as soon as it is deemed expedient
to send them away from its institutions. It takes care that all so
placed in homes are also placed under proper Christian influences.

LXIX. SWINDLERS.

There are a large number of persons in New York who make considerable
sums of money by conducting "Gift Enterprises," and similar schemes.
These usually open an office in some prominent part of the city, and
flood the country with circulars and handbills of their schemes. They
sometimes advertise that the affair is for the benefit of some school, or
library, or charitable association. In a few instances they announce
that the s