The herald and news. [volume] (Newberry S.C.) 1903-1937, 1906-02-06

seeking similar opportunities who
cannot be accepted, because in these
schools there is only certain amount
of work to be done and only limit
ed number Of boys can thus be en-
ployed. Some Of the presidents Of
these technical schools to whom ap-
plications are made have said to the
Manufacturers Record that their
hearts have ached at times because
of having to refuse SO many who de-
sired only the privilege Of working
their way through college.
The suggestion was made five years
ago by the Manufacturers Record
that subscriptions should be given by
people in the south to aid in offering
to these poor boys an opportunity Of
education. It will cost anywhere,
probably, from sl25 to $3.50 a year to
carry boy through one of these tech
nical schools. a subscription Of, say,
$3.50 year for four years made
through the president Of the school
could be utilized by him as loan to
such a boy, with the agreement on
his part that after graduation he
would begin to repay in annual in-
stalments the full amount without in
terest. This would eliminate any
charity feature, the acceptance "f
which would tend 20 destroy the boys
self-reliance and independence, and
it would develop in him an apprecia-
ton of business methods. AS soon
as the boy was graduated and COM
menced in, say one year thereafter
to repay to the school the fund bor-
rowed from it, this would start an
onther boy, and the $3.50 a year for
four years would thus become a per-
petual fund, forever keeping some
boy at college. It is true that here
and there death or disaster might
cause the ending Of the fund through
the failure Of the recipient to repay,
but it would be safe to count that a
very large proportion Of these sub
scriptions would be continued as per-
petual endowments. If an outright
endowment of $5O,000 were given to a
school. the annual income would
probably be $1,000 and on the basis
of $3.50 a year. if the income should
be utilized this way, 16 or II boys
might be annually educated. But, If,
instead Of investing $4,000 in stocks
and bonds, the same $4,000 should
be invested in boys and divided up
into annual payments Of $12,500, over
80 bows could be educated in this
way, and in such an educational cam
paisn an investment in boys might
be more profitable than if put IN
stocks and bonds. Still there is room
enough for the large endowments to
schools and for this plan Of dealing
with the individual boy. Here is a
tangible plan which should appeal to
the south. There are thousands OF
business men, merchants, bankers,
manufacturers, planters and thous-
ands Of business institutions which
could we'll afford, in the interest Of
southern upbuilding, in the interest OF
humanity, and if need be in their own
selfish interest for the advancement
of the country, in which they would
share, to undertake to spend Sl5O
each year for four. years IN WORK OF
this kind. Each subscription could
be made to the technical school in the
sta,e in which the donor lives. !.
No longer can the people Of the
south plead financial inability to do
this. No longer can they shirk the
moral responsibility to carry on the
broadest educational campaign that
may be needed to fully equip the ris-
ing generation to meet the opportunl-
ties which are already at hand. Prov
idence has blessed this section with a
vast increase in wealth. Within the
last five years the real wealth Of the
south has increased by at least
$3,OOO,O00,0OO, Of which over $1,OOO,-
100000 has been added in the last II
Ill