A THRIFTLESS AGE.

Hauraki Plains Gazette, Volume XXXVII, Issue 5070, 31 December 1926, Page 4

A THRIFTLESS AGE.

VALUE OF POUND NOTE. «• MR. J. CAUGHLEY ON THRIFT. “We are living in a thriftless age. It would be safe to say that 40' girls and boys of the present generation spend as much pocket money in .a week as 100 children of my day did in a year.” This was the startling statement made by Mr J. Ca,ughley, Director of Education, during his address at the annual prize distribution o'f the Napier Technical College. Mr Caugliley strongly stressed upon the youthful members of his audience the hee/1 of thrift. “To the average person,” he said, “a pound note merely represents its value, in current coin of the realm, but I want you children to look upon a pound note from. a aspect, which, I hope., will better enable you to appreciate its value. , “Taking the pound note as the average day’s wage for a- skilled artisan, it represents .the valuq of .all the energy, experience, br.ain power and thought that the individual in question puts into his work during the course of a day. “This theory can be. extended! to embrace larger sums apid correspondingly reduced, and I am sure that when you 'look upon the money you spend in this way you will not be so keen on spending it extravagantly,” concluded the speaker.