The Huntly Press Friday, March 7, 1913. Notes and Comments.

Huntly Press and District Gazette, Volume 2, Issue 32, 7 March 1913, Page 2

The Huntly Press Friday, March 7, 1913. Notes and Comments.

u Take care of the pence: the Take Care i,ountls f* 1 ', tak{ care or themruE pe.n ..-. ; ?/ 1 an , ° i< K i truth has been recently and ! practically exemplified in Ausj iralian school-;. The inculc.iitian of thrift is a duty that devolve - not only upon parents but als > upon the teachers of our pub'L sch -L-, an 1 when teach- ! ing civics the necessity ol making provision for the future, and proverbial, rainy day cannot be too forcibly insisted upon as being one of the duties which each individual owes to himself and to tb state. In the schools in Victoria there came into Operation in Novemoer, 1912, a scheme whereby the surplus pennies of the school children were collected and deposited in the State Savings Bank. On one day each week the little depositors bring their pennis -19 school, t iiei r receipt being du 1 v ack n*w - lodged in a simple pass-bo >k. The various amounts are credited t ■ the different accounts when paid int 1 the Savings Bank by the head-master. Dap »sits alone can be made at school, while withdrawals can o ily bo effected by the personal attendance of the individual deBank. I n Victoria some 300 teachers are co-operating, voluntarily, in the scheme. The result for two months is truly amazing. At tiie end of December no fewer than 7284 a l ■ 1 pen eel, and £857 placed to td * a banking account. In Western Australia an lin South Australia excellent results have been achieved dim.ig im* tw • *»■ to:.-a years of the operation of t!i? scheme. In the former state there were, on June 30th last, 12,390 children's account- with a credit of £12,751, while in the latter State the credit stood at £BlOl <»n aecount of 9,98 3 deposit >rs. The sc .bool bank is an admirable institution, and its establishm *nt in the Dominion would he justified not only as a .safeguard against careless and reckless spending, hut as a practical object lesson in ec laomy.