Newark's Last Fifteen Years, 1904-1919. The Story in OutlineNewark Public Library
History
Newark's Last Fifteen Years, 1904-1919. The Story in Outline
Newark Public Library
Newark (N.J.) -- History
_School Houses as Social Centers_: Authorized by rules adopted by Bd. of
Education, Aug. 31, 1915, under act of N. J. Legislature, passed, 1913.
First used as polling places in 1917 primaries.
_School Names Changed_:
Alyea St. to Binet No. 3.
Ann St. " John Catlin.
Coes Pl. " Binet No. 2.
Park Ave. " Dayton.
18th Ave. " Milford.
Elliot St. " Elliot.
15th Ave. " Moses Bigelow.
Hamburg Pl. (Wilson Ave.) " Monteith.
Hawthorne Ave. " Hawthorne.
Lafayette St. " Lafayette.
Madison St. " Madison.
Miller St. " Hamilton.
Montgomery St. " Montgomery.
Morton St. " Joseph E. Haynes.
Newton St. " Newton.
No. 7th St. " Garfield.
Oliver St. " Carteret.
Peshine Ave. " Berkeley.
Ridge St. " Ridge.
7th Ave. " McKinley.
State St. " Binet No. 1.
13th Ave. " Robert Treat.
Webster St. " Webster.
_School Savings Banks_: Purpose: To inculcate and encourage thrift.
Essential features of plan: To have pupils themselves manage banks' work
as far as possible.
To organize a board of savings bank directors, appointed for each school
by its principal.
To place school accounts, over $1.00, with such Newark banks as have
endorsed the school bank plan.
To open individual accounts with the same banks for those pupils who have
deposited a sum that shall be thought sufficient and to require that no
sum be withdrawn without the parent's written consent.
1st bank established in East Side High School, March, 1915.
Randall Law, authorizing school savings banks, passed by N. J.
Legislature, Feb., 1916.
9 schools, now operating school banks: East Side High, Central High,
Abington Ave., Cleveland, Lafayette, Monteith, Newton St., Warren St.,
Washington St.
_Total to_
_1917-18_ _July, 1918_
Deposits made $14,082.83 $29,855.57
Interest credited 78.66 188.43
Transferred to local banks 9,492.20 16,305.70
Withdrawn by pupils 4,777.99 9,207.97
Balance in banks 4,528.33
No. of depositors 2,461 7,312
Depositors closing accts. 1,847 2,529
Remaining depositors 4,783
* * * * *
Idea originated in Belgium. Introduced in U. S. in Beloit, Wis., 1876.
Permanently established in U. S. by John Henry Thiry, a Belgian, 1885.
Amount of school deposits in U. S., $5,000,000, 1915.
_School Survey_: Made by Bur. of Municipal Research under direction of
Essex Co. Public Welfare Committee and with approval of Bd. of Education,
1914.
_Schools, Parochial_:
Public-domain text, read in full here on John Shaqi.
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