The economy is bad everywhere. Well, everywhere except good old North Dakota, it
seems. Ask any of my fellow
prairie dwellers and they’ll answer, “What recession??” Not only have we not felt it, we have
thrived like fleas on a hunting dog.
This is the Honest Abe truth; every single time I have to run to
Bismarck for something (which is pretty stinkin’ often) I see at least one new giant
structure going up that I had not seen before. I think they are starting them in the middle of the night
now. Before you shut down this
brag-a-mony, let me hasten to add that the state penitentiary has also recently
expanded. Does every cloud have a
silver lining, or does every silver lining bring along its own cloud? Hmmm…
I have documented before my multiple attempts and near
insanity with pencils in the Magic Tree House. Pencils are the stuff of a first grade teacher’s
nightmares. I have grown to hate
them. First graders apply too much
pressure when they write, so the lead is perpetually broken. First graders keep track of their own
items about as well as husbands keep their dirty socks off the floor (not MINE,
of course. This is purely hypothetical). First graders think a trip to the
pencil sharpener is akin to a day at the county fair, and therefore, take
approximately 12.7 minutes to sharpen a single pencil, sending the sounds of
the grinding sharpener deep into the cortex of my aging brain.
I hate pencils.
After pulling out handfuls of my chaotic, blond hair, and
tapping my chin that gravity seems to be obsessed with, and pondering this
never-ending dilemma, I came up with the semi-brilliant scheme of selling
pencils to the Darlings. Goods and
Services are a part of our social studies curriculum, after all. Hey, let’s illustrate it on a daily
basis.
Now before you go and whistleblow me to the NEA, here’s the
real story. I do sell pencils to
six-year-olds, yes I surely do.
They cost a penny a piece.
Erasers are two cents each.
BUT, (here’s the part where you’ll like me again) on the Monday of every
week, I give each student five pennies.
That means they can purchase a pencil every single school day. The “hook” is, whatever pennies they
have left over on Friday are theirs to keep forever and ever. The theoretical framework being that they will use fewer pencils and take better care of their "goods" if there is an incentive to spend less money. It may seem like small potatoes to you,
but they get pretty jazzed about it.
And I figure that even a six-year-old who writes too hard and would lose
his very eyeballs if they weren’t attached to his head can function on a new
pencil every day.
Or so I thought.
Turns out that the friendly neighborhood pencil store was
quite popular in our little first grade community. They liked the act of purchasing pencils and erasers. I think it makes them feel grown up to
have a bit of coin at their disposal that they have full mastery over. Hoarding was problematic at first. Like little welfare recipients waiting
for their checks on the first of the month, some would spend all five pennies
first thing Monday morning and quickly run to their personal tubs to squirrel away their
new purchases. A moratorium of no more than two pencils
per day was then decreed by the Pencil Store franchise owner (that would be me).
And then a new problem arose. They began to run out of money before they ran out of week.
I had to give that one some thought.
Sooooo, I opened the First Community Magic Tree House Loan
and Trust Penny Bank – the Penny Bank for short. It worked like this; Student A, let’s call her Little Vonda,
has no more pencils and no more moola with which to buy pencils. What to do, what to do….? Little Vonda can take out a loan at the
Penny Bank! With very little
paperwork (like, none) she may borrow enough cash to purchase one pencil or
eraser. The terms are simple. The bank will carry her loan until the
following Monday, where the banker (also played by me) will put on her
“accounts receivable” hat and require payment before the end of the day. Interest rates are currently at
100%. A bit above the federal
rate, I realize. But think about
it. How do you divide a penny?
The borrower’s name, the amount borrowed, the date borrowed, the amount of interest,
and the date due are carefully recorded on the board for all the class to
see. This is not intended as a
point of embarrassment, but rather a learning tool from which all may benefit. When loans are paid off, that is
carefully notated as well.
I explicitly explain the terms of the agreement with as much
aplomb and dignity as if they are borrowing the capital to build a skyscraper
in Manhattan. I always ended the
transaction with these timeless words, “Just remember, it is easy to borrow
money but it is hard to pay it back.”
Little heads always bobbed a “yes” as if they were seasoned financiers.
Then one day my dire warning took on flesh and bones. A Darling came to me with heavy step
and trepidation. It was Due Day
for this one who bought pencils with abandon. I watched my patron trudge to my desk as if it were a
gallows. With head down, she spoke
barely above a whisper. “Mrs.
Dahl,” she said softly. I waited
for the rest, cool and distant and professional. Bankers can’t make financial decisions based on
emotion. It isn’t good business
practice. “Mrs. Dahl,” she
repeated. “I don’t have enough
money to pay the bank back.” Her
little head drooped even further.
“And I’m out of pencils.”
“Weeeeell, this is an interesting scenario,” I heard The
Banker say in her best banker voice. “What shall we do about this?” Her head raised expectantly, her eyes
searching mine, hoping for a reprieve.
I allowed sufficient pause to create drama, then proceeded. “The Penny
Bank is prepared to loan you enough money to cover your expenses.” I smiled my very bankerly smile. She stared intently at me while she
processed this information. “Mrs.
Dahl, how much interest will I have to pay back?” Ah, an intelligent question! I was pleased.
“Well, my dear.
Your interest will be doubled.
You will have to pay the original two cents back, plus another penny as
a late fee. Plus the new loan of
one penny and its interest of an additional penny.” I waited. Her
brain was adding like fury. When
the answer finally popped into her head, her jaw dropped and her eyes
bugged. “Mrs. Dahl,” she gasped,
“that’s five cents! I’ll be out of
pennies again!”
I felt the air sucked out of the room. Seven first grade mouths went dry
simultaneously. They felt the cold
tentacles of hopeless despair wrap around their little throats. They knew it could be anyone of
them. Time stopped. No one knew what to
expect next. Not a word was
spoken. I could feel their empathy
for their classmate rising up and encircling her. This was bad news for her and they knew it. Suddenly Mrs. Dahl seemed cold and
hard. Where’s your heart, Mrs.
Dahl? Can't you see she's going through a rough patch??
I waited to see how this little drama would play itself
out. Sometimes the teacher needs
to just let her students solve their own problems. We often underestimate the intelligent power of young
children. They are quite capable
of finding their own solutions, if given the right conditions.
Into the oppressive silence a voice from the worktable spoke
up. “I can give her some of my
pennies, Mrs. Dahl.” Every head
swiveled in his direction. A slow
smile spread across my banker’s face as the realization of manifested altruism
dawned in my consciousness. A new
dynamic had come into play. They
were caring for the needs of one another without the hassle and intrusion and
mandates of laws or institutions. They were rallying around a comrade and
friend.
This is how I wish all of
society worked. Commercial lending has its place, of course. But when it comes to meeting the basic needs of individuals, let individuals
and charitable organizations care for one another, not the forced taxation of its citizenry. Too often we renege our responsibility as fellow humans to the government. Our Milk of Human Kindness has gone dry.
Without another word, he ran over to his tub of belongings
and began rummaging noisily for errant coins. Finding his desired goal he rushed to my destitute Darling
and placed two precious, copper coins in her little hands. They looked at one another for just a
moment, but understanding and thoughts were flying between them with no words
spoken. They both realized what
had happened and were happy to play their parts in the script.
She quickly placed the pennies in my hand, as if holding
onto them for one moment more would make them evaporate, and then smiled a
beautimous smile. Mustering all
the solemnity I could around a grin the size of Utah, I declared her “debts
paid in full.” She was no longer a
concern of the First Community Magic Tree House Loan and Trust Penny Bank. Her debt was cancelled, her credit in
good standing.
Business spiraled downward from that point. Now I often saw coins being volunteered
to classmates that had fallen on hard times. They worked out their own private lending terms, or made them an outright gift. I rarely got to do business in the community. My giant spreadsheet was generally
blank.
So I resorted to high
pressure sales. “Mrs. Dahl, I need
a pencil and I don’t got no pennies.”
“I don’t HAVE ANY pennies and I will be happy to assist you!” A shake of the buzz cut head. “No, that’s ok. Wicky said he wiw give me a
penny.” “I’ll throw in a
toaster!” I counter. “You like toast, don’t you??” Another near-bald head shake. “No, I don’t weewee wike toast.” And off my speech services recipient
sauntered, glad to have escaped the clutches of crushing debt and its maniacal
banker.
I do not know if our microcosm of society and its lessons
learned will go with them into their future lives. They may only remember me as the stingy teacher that made
them buy their own pencils, for crying loud. My
HOPE is that when they enter the work force as teens and then young adults and
that new motorcycle or snowmobile or spendy car is calling their name, tempting
them into unnecessary debt and payments they cannot really afford, my words will echo in their minds and hearts. I can only hope.
Oh…and if you find yourself short of cash, The Penny Bank
has great lending rates, will be more than happy to assist you, and will even
throw in a toaster.
Your credit limit is one cent.