It was at this period that Mr. Sikes was reading the
late Archbishop Sumner's "Records of Creation," and met with the
following passage: "The only true secret of assisting the poor, is to
make them agents in bettering their own condition."
Simple as are the words, they shed light into Mr. Sikes's mind, and
became the keynote and the test to which he brought the various views
and theories which he had previously met with. Doles and charities,
though founded frequently on the most benevolent motives, were too often
deteriorating to their recipients. On the other hand, if self-reliance
and self-help--the columns of true majesty in man--could only be made
characteristics of the working classes generally, nothing could retard
their onward and upward progress. Mr. Sikes observed that until the
working classes had more of the money power in their hands, they would
still be periodically in poverty and distress. He saw that if provident
habits could only he generally pursued by them, the face of society
would immediately be transformed; and he resolved, in so far as lay in
his power, to give every aid to this good work.
In 1850, Savings Banks were only open a very few hours in each week. In
Huddersfield, where more than L400,000 a year was paid in wages, the
savings bank, after having been established over thirty years, had only
accumulated L74,332. In 1850, Mr. Sikes addressed an anonymous letter to
the editors of the _Leeds Mercury_, to which, by their request, he
afterwards attached his name. In that letter he recommended the
formation of Penny Savings Banks in connection with Mechanics' and
similar institutes. In simple words, but with many telling facts, he
showed how the young men and the young women of the working classes were
growing up deprived of almost every opportunity of forming habits of
thrift, and of becoming depositors in savings hanks.
The letter was received with general approbation. The committee of the
Yorkshire Union of Mechanics' Institutes gave their cordial sanction to
it; and Penny Banks were established in connection with nearly every
Mechanics' Institute in Yorkshire. Mr. Sikes personally conducted one at
Huddersfield; and down to the present time, it has received and repaid
about thirty thousand pounds. In fact, the working people of
Huddersfield, doubtless owing in a great measure to the practical
example of Mr. Sikes,--have become most provident and thrifty,--the
deposits in their savings bank
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