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From the December 26, 1908 edition of the New York Daily Tribune:

Gives Newsboys Bank Accounts.

 Paterson’s Park Commissioner Also Provides

Dinners for Newsies.

Paterson, Dec. 25 (Special).—More than three hundred newsboys partook of a Christmas dinner provided by I. A. Hall, Commissioner of Public Parks, this afternoon. Illness prevented his attendance to-day, but he sent greeting to the boys through the Rev. Dr. Stuart Hamilton, rector of St. Paul’s Episcopal Church. Each boy received a card, which, when presented at a local bank, will be good for a bankbook containing the record of a deposit made in the bearer’s favor by Mr. Hall.

The Rev. Dr. Hamilton explained to the boys the advantage of saving their dimes instead of spending them in cheap shows. The clergyman announced that no boy would be admitted to the next Christmas dinner unless he could produce a bank book, and that three prizes would be awarded to the three boys having the largest amounts on deposit.

Mayor McBride was greeted with lusty cheers. Another feature of the Christmas here was the distribution at the home of Mrs. Emma Johnson on Hamburg avenue of one thousand gifts to poor children.