The Wairarapa Daily. THURSDAY, JANUARY 30, 1879.

Wairarapa Daily Times, Volume 2, Issue 72, 30 January 1879, Page 2

The Wairarapa Daily. THURSDAY, JANUARY 30, 1879.

We call tlie attention of ScUo.ol Oojn.mitteeß .throughout thoWairarapa to the following regulations made ty the

Post-office Department to enable them to establish Savings Banks in connection with schools :

(1.) The Penny Bank sliall.be under the management of a trustee, a treasurer, and at least one other person, all of whom shall bo appointed by the School Committee. The treasurer shall in all cases be the head master or ouo of the other teachers of the school.

(2.) The deposits of the Penny v ßank shall bo vested in an account to be opened in the nearest Post Offico Savings Bank in the names of the trnsteo and treasnrer of tho School Ponny Bank'. (3.) The Penny Bank shall be open for the receipt and repayment of deposits every day from—to o'clock, when not less than two managers shall attend, one to enter the tr tnsactions in the depositors' books, and the other to receive tho deposits, to make repayments, and to enter tho transactions in the journal, Tho depositors who may be qualified for the duty may be appointed in turn by the managors to make the entries in the pass books, and to post the entries from the journal into the ledger; but the money must be received and the transactions entered in the journal of the treasurer, trustee, or other manager. (4.) Deposits of one penny and upwards may bo received, (5, 6,7.) These regulations provide that depositors are to receive a book in which the necessary entries shall bo mado anil the mode of entry. (8.) No depositor shall be allowed to have more than £5 in the Bank at one time, and when his deposits amount to £2 he shall be recommended to open a separate account in his own name in the Post Office Savings Bank. A depositor may, if ho desires to do so, open an account in his own name iu the Post Office Savings Bank when his deposits amount to ss, The other regulations dictate the routine book-keeping, balancing, &<s, Clauso 18 states that interest will be allowed to each depositor at a rate to be fixed by the School Committee. On every complete sum of deposited from tho first day of the month following that in which the deposits arc made to the last day of the mouth preceding that in which they are withdrawn, but it is recommended that no interest shall be allowed (luring the first year after tho establishment of the Penny Bank. (20.) Strict secrcsy must be observed respecting all deposits.

We also understand that the Education Board of each district will bo supplied with copies of the ledger, journal, and deposit books, for distribution amongst the schools in which the establishment of a Penny Savings Bank has been approved. School Committees, as soon as convenient after the passing by them of a resolution to establish a Penny Bank in any scnool under their charge, and the appointment of the managers, including a trustee and a treasurer, must forward to the Board of the district a copy of the resolution and the name of the managers, with the request that the Board would give its approval and forward the requisite books.

With regard to the rate of interest to be allowed to depositors in the school banks, the management may fix the amount (if any) of interest which shall be allowed to depositors; the amount cannot clearly be more than the ty per cent, allowed by the Post (Mce Savings' Banks, which amount the manage-

ment will receive on. Ike total deposits they make on behalf of the school. Out of this 4i per cent., however, the management will have to defray the expenses of the system. The Government provide the first set of account and pass- books free of charge; but subsequent requisites in that shape will have to be paid for by the management of each school's savings bank. We are altogether in favor of the establishment of Savings Banks in connection with our public schools, as provident habits cannot be inculcated at too early an age. The modus operandi appears to us to be unnecessarily complicated- It seoms to us to be quite sufficient for one person to give his time daily for the collection and entering of deposits without two being employed, unless it is arranged for one of the managers being a monitor or pupil. The. weak point of the proposed system is the want of some person or persons who will be legally responsible to the children for their deposits being undei any contingency secure and safe. It will be remembered that ten years ago a similar institution in Wellington collapsed through an officer running away with the funds, A number of most influential gentlemen were attached as trustees, patrons, and presidents with this institution, but as it was decided that they were not legally responsible to the unfortunate depositors, and as they settled among themselves that they were not morally responsible, the children who had trusted in them were, we beliove, disappointed. Without either the Education Board or School Committees will make themselves legally and morally responsible for every penny placed in their hands by children, they have no right to expect the proposed movement to succeed.

F. H. Wood & Co. sell by auction ut their rooms, Greytown, a largo and general assortment of merchandise. The first meeting of tho various School Committees in tho district takes place this evening at 7 p,m. Tenders are invited for the supply and delivery of 25,000 railway sleepera, to he delivered at tho Featherston Railway Station.

Messrs lorns & Fcrgusson announce that the National Insurance Company is prepared to take grain risks at the lowest current rates.

Mr Edward Wyllio announces- an art union to be drawn on the first night of tho Wairarapa races at Greytown, in which prizes to the amount of £l5O will be offered.

We understand that Mr Caselberg has resigned his seat as Councillor for the Greytown Riding of Wairarapa West County. We consider that the Riding and County lose an able representative in Mr Caselberg and we trust that at some future time he may havo leisure to .'again come forward for a similar office. The nomination for the vacant seat will take place on Fob. 11th. About midday on Tuesday the fire on Potts' line, Carterton, and in the rear of Booth's mill were fanned into a fierce flame, travelling rapidly by tho breeze that sprung up. The former was beneficial rather than otherwise, as it cleared off a lot of old logs nnd trunks, and did no harm, but the latter has destroyed some 15 or 20 chains of Booth's tramway, and in consequence the mill is at a stand-stil since, as the log? cannot be got in,

The Rev. W, G. Thomas; and J. Dellow,. have been appoined by the \Vo3lsyan Conference to the Wrirarapa Circuit. .-.Wo are requeued to state that the sale ~qf privileges on Saturday next at Greytown by Mr J. M.'Girdlestone will take place at 2 p.m. Tho Burletta Troupe which recently gaye aperformance'in Mastertom departed therefrom without' paying up.' Wecaution our friends in other parts of the Provincial district against theso gay deceivers. • We aro sorry to say that during the fire at Greytown Mr Baillie got his arm severely cut with an axe, It seems ho was assisting to break down some woodwork when the head came off of an axe being used by another party, and cut his arm,

A meeting of the General Committee of the Mastorton Hospital was held yesterday. Present—Messrs McGregor (in the Chair) J. Bennett, J. M. Girdlestone, J. lorns, and W. Perry. The Treasurer reported that the total receipts from all sources up to date were £107017s Bd, and the expenditure £950 Cs Cd, leaving si balance in hand of £I2G lis 2d Thero was also a subsidy due from tho Government of £B2 3s 4d, and a further sum of £sl for the land given by Mrs Hacker, on which an equivalent will be obtainable from the Government. Only one tender was received for stores, viz., from Blyih Bros., and was accepted on the motion of Mr Bennett. Tho following were the applications for the custodianship received:-J. W. Riley, W. F. Smart,T. Caffery, M. Cleary,C. A. Call, J. P. Gierstein, M. O'Donnell, and Miss Lyons. On the motion of Mr Bennett, Miss Lyons (a trained nurse), was appointed, and tho secretary was instructed to ascertain when it would suit to enter upon her duties. The following accounts were passed for payment:—Wairahata Daily, £4 4s Cd; Watt, £1 Is sd, Tho Treasurer and any one member were authorised to &ign cheques. The meeting then adjourned till this day.

Respecting the late fire, our Grcytown correspondent writes that at about a quarter to nine on Tuesday evening flames were seen issuing from the roof of the boarding house opposite the Bank of New Zealandj occupied by Mr J. Steele. In a short time there were hundreds of people present, and all lent a helping hand to stay the progress of the flames. The principal effort was made to savoCaselberg's store from catching, but although every effort was put forth it was all in vain, for the roof caught in several places and was soon raging as fiercely ■as the other. A rush was then made to clear the stock out of the store, and all worked with a will. Men, women, and children all helped, and a large quantity of the material was saved; but the fire getting ahead they had to desist, and turn their attention to try and save some other buildings which were in danger. Boethain's office, on the other side of the boarding-house, was by this time in flames, and the attention of those present was directed to the houses opposite, which were in great danger. The flames having got a fust hold of'Casclberg's store, there was no hope of saving the Police Station, which quickly ignited, and after it the- Court-house. Every nerve was then strained to savo Haigli's shop opposite and the Standard Office, and they wore saved only by the greatest exertions and great suffering from the heat, The Post Office also claimed attention, as the heat was so intense as to scorch it terribly, and the falling sparks were very dangerous. It would be out of place to mention any names in particular, for all did their best, and so many deserve praise. I was glad to notice the Volunteers turn out so well and work so. hard. The following are the losses:— Caselberg & Co.'s buildings, insured for £IOOO in the National and South British; stock, valued at £7OOO, insured in New Zealand for £2000; Imperial, £500; National, £500; South British, £SOO. Boarding house, £4OO in South British. Beetham's office, £l5O in London, Liverpool, and Globe. The Government buildings are uninsured. Oaselbcrg's loss is about £SOOO. Tho WAHUIIAFA DAILY can be road in WELLINGTON at tho Allicntcum, the Empire Hotel, Barrett's Hotel, tho Qneon's Hotel, the New Zcatalor Hotel, tho Occidental Hotel, tho Boyal Hotel, and JlrW.. Freeman's Diiiing Itoonis, Lambton Qmty.