The log cabin Democrat., 1922-02-07
|S50.O0O GIFT TO
 SCHOOL IS URGED SITUATION DEMANDS II
Says Prof. Denney, who Offers to De One of 1000 to Buy a $50
 Bond" to Aid School.
Editor Log Cabin Democrat:

tion in this town. During thes,
 months of watching some more ol l less definite conclusions have beer l forming in my mind. It may be pre- l sumptuous for me to ask you to put ) them Tn print. If so, just drop this : letter into the big waste basket by
 your desk and forget the matter.
 am not writing as one who has a
 sentimental idea regarding the ethical
 or moral value of education, great as
 that may be, but as coldbloodedly as
 any one ever clipped a coupon
 The only thing that ever gave
 value or ever will give value to prop
 erty is education. What would your
 home be worth on the market if no
 person in Conway could read or
 write? Now, just stop and take a
 good think and see. Would you stay
 here? Now, just take another good
 think and see. No signs on the
 stores, no papers, no letters. Would
 you raise your children here? A
 child would better never be born than
 raised in such town. Do schools
 create wealth? Let's see. Some
 where back yonder the self-denial of
 somebody made it possible for you
 l mean YOU, the fellow reading this
 paper-to get at least some form of
 an education, that has increased your
 earning capacity. You can do more
 and better work. You are worth more
 to the world. So the world pays you
 more money. How much more?
 Just the difference between what you now make and what you would be
 making without the education. Just out. That is how much you owe to somebody. You can not repay it to , the people who put it up for you. YOU OWE TT TO THE BOYS AND GIRLS IN THE CONWAY PUBLIC SCHOOLS. In short, YOU OWE IT TO THE NEXT GENERATION.
 5 It sometimes appears that we are ? fooling around hoping against hope l that some wonderful, mysterious way ) would be found to finance our schools. l The public school in this town is the y largest and most important thing in e it. We cannot run it without money . and lots of money. This evil day that f is upon us has been around the cor j. her for some time. We have not S wasted our money. The writer can y show page after page of data to - prove that our school is being run at lower cost per child than most city ), schools in the United States. It is v no longer theory, it is no longer a S thing to be lodged. In my opinion S the banks have done even more than
 any one of us would have done per @ sonally, There is no use playing with : this thing. There is no use pussy n footing" any longer. You cannot ed Q ucate 1000 children with cigar bands e and washing powder coupons. It n takes money. Let's decide that We f will either have school or not have n 1t. That we are able to have school s or that we are not able. Mr. Editor, T you say it will take all the revenue S for TWO years to pay the debt. The 7 day you close the school property 3 values will so decrease that no one I knows how long it will take.
 t Many plans have been suggested, so <. here is mine: Let the school board l issue and sell 1000 $50 bonds. But ) you say no one will buy them. Yes, , they will. I will take one, and that 9 will leave only 999 more. Issue these
 bonds not against the property of the { district, but against the manhood t and earning power of the boys and S girls in the years to come. Issue l these bonds payable not in money at . the end of twenty years, but in pride = satisfaction and self respect payable :, every day of the owners life. These {; bonds should and will pay the high 0 est rate of interest any bond ever . sold here will pay. How? They vii n pay CD in property values not lost | @ trade not lost by people moving l. away, (3) trade gained from new - corners, (4)rents from houses not va e cated, (5) employment at jobs no F; stopped, (6) money not spent ol e crime caused by ignorance. If thl if is not the best investment that an, l. man ever made would like to knoN > why? But you say times are harc 1T THAT IS EXACTLY WHY l WAN % TO RAISE $50,o00 BY THIS BON is ISSUE. It will cost more than tha 90 to send children to a tuition schoo or Money saved. It will cost more H. move to town with schools. None a saved. It will cost more in ren' k lost. Money saved. It will co! m more in decreased property value r. Money saved. It will cost more ct lost trade. Money saved. It wi ed cost more in idleness. Money save w More than ,0OO people in this tow or will actually in cold hard dollars lo