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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 16, 1929
Page
16
A financier argues that saving money is noble when aimed at independence and ethical living. He says the Golden Age in America is marked by prudent spending and avoiding profligate waste. Wealth should serve ends beyond mere pleasure and social excess.
A Texan named Bull travels from Dallas toward Scranton with his horse Texas after a road mishap to find a livery stable. The piece includes moral exhortations on saving versus spending, urging citizens to act as thrifty contributors to their community while critiquing wasteful behavior.
Monday January 21 designated Own Your Home Day as part of Thrife week observations in San Antonio and other cities. The Dyilling ful Loan Associations teams with Gear- Waty Security and San Apronto to promote home ownership through savings and rent central living. Officials urge affordable first and second mortgage lending, advising on financing and counseling to help families own homes and strengthen local finance structures.
The article notes thrift practices improving personal savings across states and regions, with 1028 income gains highlighted. It cites U S figures for 26 million families showing varied income brackets and asserts thrift and independence as key, with San Antonio hosting thrift lectures for children and broad community engagement.
The United States holds vast capital resources and must organize credit to sustain high home-building rates. A constructive solution would support employment and business conditions, allow more families to achieve independence and security, and make capital more effective for life and ads policy.
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