Upon a satisfactory examination the student now passes to the second department, where a wider scope of knowledge in accounts is opened to him, with a large amount of practical detail familiarizing him with the actual operations of business. The greatest care is taken to prevent mere copying and to throw the student upon his own resources, by obliging him to correct his own blunders, and to work out his own results; accepting nothing as final that has not the characteristics of real business. Much care is bestowed in this department upon the form and essential matter of business paper, and especially of correspondence. A great variety of letters is required to be written on assigned topics and in connection with the business which is recorded, and thorough instruction is given in the law of negotiable paper, contracts, etc. During all this time the student devotes from half an hour to an hour daily to penmanship, a plain, practical, legible hand being aimed at, to the exclusion of superfluous lines and flourishes. It is expected that the work in the first and second departments will establish the student in the main principles of bookkeeping, in its general theories, and their application to ordinary transactions.
In the third department the student takes an advanced position, and is expected, during the two or three months he will remain in this department, to perfect himself in the more subtle questions involved in accounts, as well as to shake off the crude belongings of schoolboy work. He will be required to use his mind in everything he does—to depend as much as possible upon himself. The work which he presents for approval here must have the characteristics of business. His letters, statements, and papers of all kinds are critically examined, and approved only when giving evidence of conscientious work, as well as coming up to strict business requirements. Before he leaves this department he should be versed in all the theories of accounts, should write an acceptable business hand; should be able to execute a faultless letter so far as relates to form, spelling, and grammatical construction, should have a fair knowledge of commercial law, and have completed his arithmetical course.
The next step is to reduce the student's theoretical knowledge to practice, in a department devoted to actual business operations. This business or finishing department is shown at the upper left corner of our front page illustration. The work in this department is as exacting and as real as the work in the best business houses and banks. At the extreme end of the room is a bank in complete operation, as perfect in its functions as any bank in this city or elsewhere. The records made in its books come from the real transactions of dealers who are engaged in different lines of business at their desks and in the offices. The small office adjoining the bank, on the right, is a post office, the only one in the country, perhaps, where true civil service rules are strictly observed. In connection with it is a transportation office. From fifty to a hundred letters daily are received and delivered by the post office, written by or to the students of this department.
The correspondence thus indicated goes on not only between the students of this college, but between members of this and other similar institutions in different parts of the country. A perfected system of intercommunication has for years been in practice between co-ordinate schools in New York, Boston, Brooklyn, Philadelphia, Chicago, Baltimore, and other cities, by which is carried on an elaborate scheme of interchangeable business, little less real in its operations and results than the more tangible and obtrusive activity which the world recognizes as business.
The work of the transportation office corresponds with that of the post office in its simulation of reality. The alleged articles handled are represented by packages bearing all the characteristic marks of freight and express packages. They are sent by mail to the transportation company, and by this agency delivered to the proper parties, from whom the charges are collected in due form, and the requisite vouchers passed. Whatever is necessary in the way of manipulation to secure the record on either hand is done, and, so far as the clerical duties are concerned, there is no difference between handling pieces of paper which represent merchandise and handling the real article.
In the bank is employed a regular working force, such as may be found in any bank, consisting of a collector or runner, a discount clerk, a deposit bookkeeper, a general bookkeeper, and a cashier. The books are of the regular form, and the work is divided as in most banks of medium size, and the business that is presented differs in no important particular from that which comes to ordinary banks. After getting a fair knowledge of theory, the student is placed in this bank. He begins in the lowest place, and works up gradually to the highest, remaining long enough in each position to acquaint himself with its duties. He is made familiar with the form and purpose of all kinds of business paper, and the rules which govern a bank's dealings with its customers. He gets a practical knowledge of the law of indorsement and of negotiability generally, and is called upon to decide important questions which arise between the bank and its dealers. Wherever he finds himself at fault he has access to a teacher whose duty it is to give the information for which he asks, and who is competent to do it.
Throughout the whole of this course of study and practice the students are treated like men and are expected to behave like men.
The college thus becomes a self-regulating community, in which the students learn not only to govern themselves, but to direct and control others. As one is advanced in position his responsibilities are increased. He is first a merchant or agent, directing his own work; next, a sub-manager, and finally manager in a general office or the bank, with clerks subject to his direction and criticism, until he arrives at the exalted position of "superintendent of offices," which gives him virtual control of the department. This is, in fact, an important part of his training, and the reasonable effect of the system is that the student, being subject to orders from those above him, and remembering that he will shortly require a like consideration from those below him, concludes that he cannot do a better thing for his own future comfort than to set a wholesome example of subordination.
This, however, is not the only element of personal discipline that the college affords. At every step the student's conduct, character, and progress are noted, recorded, and securely kept for the teacher's inspection, as well as that of his parents and himself. Such records are kept in the budget room, shown in the lower left corner of the front page.
This budget system was suggested by the difficulties encountered in explaining to parents the progress and standing of their sons. The inconvenience of summoning teachers, and of taking students from their work, made necessary some simpler and more effective plan. The first thing required of a new student is that he should give some account of himself, and to submit to such examinations and tests as will acquaint his teachers with his status. This account and these tests constitute the subject-matter of his first budget, which is placed at the bottom of his box, and every four weeks thereafter, while he remains in the school, he is required to present the results of his work, such as his written examinations in the various studies, his test examples in arithmetic, his French, German, and Spanish translations and exercises, various letters and forms, with four weekly specimens of improvement in writing, the whole to be formally submitted to the principal in an accompanying letter; the letter itself to exhibit what can be thus shown of improvement in writing, expression, and general knowledge. These budgets, accumulating month by month, are made to cover as much as possible of the student's school work, and to constitute the visible steps of his progress.