The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-24
INCULCATINC
THRIFT SOUGHT
Senate Bills Make This
Mandatory for Schools
of the State
By HENRY LESESNE
The Times News Bureau
Sir Walter Hotel


RALEIGH. Apr. 24.-Notwith-
standing the dominant Scotch
strain in North Cardinals gene
alogy, the senate has come to the
conclusion that he modern-dav
Tar Heel is a spendthrift, and at
ter listening to several Of it's
members extoI the traditional
frugalty Of The Frenchman and
the Connecticut Yankee, it has
given its approval to two conf
panion bills which are designed to
implant the idea Of thrift firmly
in the minds of future genera
tons of North Carolinians.
These two bills. which now 60
to the house for concurrence.
make the teaching of thrift man
datory in the public schools, and
are intended 90 encourage the IS
Establishment Of thrift funds in the
schools. The money saved by the
school children is to be kept b.
the state and administered by &
State Thrift Society Of IS dTec-
tors. including the state trcasur-
er, the superintendent Of public
instruction, the president Of the
North Carolina Bankers asSocia-
ton and the president Of the Uni
versitv of North Carolina.
Under these bills, both Of which
are introduced by Senator Way
nick Of Guilford, & part Of the
fund may be used TO make loans
to college students 10 defray the
costs OF their education. Sponsors
of the bills point out that m the
past the loss from student loans
has amounted only to one per
cent, and that this form Of invest
ment is safer than anything else,
with the exception Of government
bonds.
This new departure in thrift
is to incur no liability
upon the state, and will not put
the state to any expense, its SpoG-
sors point out. Nor is il expected
to pat any additional burden on
the schools. since the extent OF
instruction in thrift is left entire
ly TO the schools, and q 15-minute
chapel exercise devoted to thrift
talks once q week would be sufii-
cicEt to carry out the program OF
thrift instruction,
While the Waynick bills carry
no appropriation, and do not put
any further cost or burden on the
school system. the schools are eX-
pected to benefit to the extent
that they will be able to obtain
funds from Out-of-state thrift or
that they COuld not
obtain. Sponsors Of the
legislation pointed out that sew
eral other states have adopted
similar thrift courses in their pub
lie schools and are getting the
benefit of these funds.
The fight for the adoption Of.
this legislation in the senate was
led by Senators Waynick and Hill.
Of Durham, who deplored the
lack Of thrift on the part OF NORTH
Carolinians. Senator Waynick
drew several comparisons between
the attitudes Of North CarOlini2ns,
and New Englanders on thrift,
and pointed out that the frugality
Of France had twice within recent
years enabled that country to
stage a remarkable comeback aft
er the devastation Of a foreign
invasion.
Senator NOEL Of Person led &
one-man attack against the meas
ures. which he labelled as "beaI-
tiful but impractical Dreams The
two bills, he charged, were batch
ed in the mind Of a professor at
the University Of North Carolina
who appeared to have a very de-
cided Yankee accent" He also
pointed out that the Legislature
has been spending a lot Of time
trying to figure out some way Of
eliminating few Of the 'frills"
from the school system, and now
it was proposing to tack on an
other Grill"