Author
Samuel Smiles
The same voice, gathered in one place.
Thrift, Excerpt 404
Where would England have been now, but for the energy, enterprise, and public spirit of our manufacturers? Could agriculture have supported the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 405
It is true, the great manufacturers have become wealthy. But it would certainly have been singular if, with their industry, energy, and powers of…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 406
Great men are wise savers and wise spenders. Montesquieu has said of Alexander: "He found the first means of his prosperity and power in the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 407
It may seem out of keeping to compare great producers with great commanders. Yet the manufacturer often requires as much courage, as much genius,…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 408
Titus Salt is a son of a Yorkshire wool-stapler. In the early part of his life he was a farmer near Bradford, and his inclination for agricultural…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 409
At length, after about twenty years' labour as a manufacturer, Mr. Salt thought of retiring from business, and again betaking himself to his…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 410
It is not necessary to describe Saltaire. The buildings connected with the new works cover six and a half acres. The principal room is five hundred…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 411
On the opening day, Mr. Salt dined three thousand five hundred persons in the combing shed. At the dinner, he said: "I cannot look around me, and see…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 412
This promise has been amply fulfilled. Mr. Salt has been influenced throughout by his sense of duty and responsibility. When he was applied to by the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 413
We prefer to speak of the immense improvement which Mr. Salt, or rather Sir Titus Salt, has effected in the physical and moral condition of his…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 414
About three thousand persons are employed in the works; and seven hundred and fifty-six houses have been erected for their accommodation. The rents…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 415
The comfortable houses provided for the workpeople have awakened in them that home feeling which has led them to decorate their dwellings neatly…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 416
Great attention is paid in Saltaire to education, even of the higher sort. There are day schools, night schools, mutual improvement classes, lectures…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 417
Besides taking part in the musical performances, a large number of the skilled workmen devote their leisure hours to various scientific amusements,--…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 418
There is no drinking-house in Saltaire, so that the vices and diseases associated with drunkenness are excluded from the locality. The diseases…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 419
The workpeople are also thrifty. They invest their savings in the Penny Bank and Saving's Bank; whilst others invest in various building societies,…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 420
There are large numbers of employers who treat their workpeople quite as generously, though not in such a princely manner, as Sir Titus Salt. They…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 421
But although Mr. Akroyd has done so much as a master for the men and women employed by him, he has perhaps done still more as a public benefactor…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 422
"The way by which thoughts, or chance suggestions, enter into the minds of men, is sometimes passing strange! They may be the offspring of wayward…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 423
"It occurred in this wise. When in town, I occasionally attended, during Lent, the services at Whitehall Chapel, for the sake of hearing a Lenten…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 424
"From previous observation I had been struck with the sad contrast between the luxurious lives of those who reside at the West End of London, and the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 425
The business of the bank commenced on the 1st of May, 1859. At the end of the year, when the bank had been in operation seven months, twenty-four…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 426
An actuary says: "All the juvenile depositors seem inclined to take care of their pence by depositing them in the bank; and the grown-up people…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 427
Another actuary says: "A drunken father being shamed out of his drunkenness by the deposits of his children, now deposits half-a-crown a week in…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 428
"A miner, the father of a family, reclaimed from drunkenness, saved his money in the bank until, with the aid of a loan from a building society, he…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 429
A missionary says: "I met a man and his wife about two years ago--both drunk. I got them to sign the pledge, and since then to invest their money…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 430
A drunkard one night came to the bank, and flinging down a shilling for a start, said, "There! that is the price of six pints of beer; but I…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 431
In another bank, a man who had been a reckless and desperate fellow was induced by his wife to deposit a few coppers in the bank. He did so, and…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 432
Many other cases of the same kind might be mentioned. In one case a boy saved sufficient money to buy a suit of clothes for his father, who had spent…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 433
One of the Yorkshire actuaries of the Penny Bank tells the following anecdote as conveying a lesson of perseverance and encouragement to branch…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 434
Savings banks have thus been the means of doing an immense amount of good. They have brought peace, happiness, and comfort into many thousands of…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 435
"My ventures are not in one bottom trusted, Nor to one place; nor is my whole estate Upon the fortune o' this present year."--_Shakespeare_.
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 436
"Who can find a virtuous woman? for her price is far above rubies. The heart of her husband doth safely trust in her, so that he shall have no need…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 437
There are several large employers who have endeavoured to combine the principle of co-operation with the business of manufacturing; and to furnish to…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 438
The two principal manufacturing concerns of Halifax, those of James Akroyd and Son, and John Crossley and Sons, have thus become converted into joint…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 439
We have already referred to the philanthropic work accomplished by Edward Akroyd in the county of York. We have now to refer to the Crossley firm,…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 440
The founder of this firm was John Crossley. He belonged to an old Yorkshire family. His grandfather, who lived at King's Cross, near Halifax, was…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 441
One of her sons, the father of John Crossley, was brought up to carpet-weaving. He learnt his business with Mr. Webster, of Clay-pits, one of whose…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 442
After leaving Mr. Currer, John Crossley removed to Halifax to take the management of Mr. Job Lees' carpet manufactory in Lower George Yard, Halifax.…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 443
Martha Crossley, the future wife of John Crossley, was born at Folly Hall, near the Ambler Thorn Bar. Her great-grandfather, Thomas Turner, was a…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 444
Abraham was also brought up to farming and manufacturing; but it must be remembered that manufacturing was in those days conducted on a very much…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 445
Although Abraham Turner was a landed proprietor, he did not think it beneath him to allow his daughter Martha to go out to service. When about…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 446
John Crossley, the founder of the Crossley firm, and the husband of Martha Turner, was originally a carpet-weaver. One night, when working at the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 447
In the meantime he was going on with the business of courtship, though it was very much against the wish of the proud farmer--the father of Martha…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 448
"One day I received a love-letter from him, which I could now repeat word for word. I had several other suitors, but none were so persevering as John…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 449
"So soon as my sister was gone, I retired in a most distressed state of feeling to my bedroom, and opened my book that was the preparation for the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 450
Mr. Crossley never did a better day's work than in marrying his excellent and noble wife. From that day forward she was his helper, his co-worker,…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 451
After the death of Mr. Job Lees, whose carpet manufactory he had managed, Mr. Crossley entered into partnership with two other persons, to take the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 452
"In addition to the carpet making," she says in the Manuscript Memoir of her life, "we carried on the manufacture of shalloons and plainbacks, the…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 453
The partnership of Crossley, Travers, and Crossley, lasted for twenty years. When the term had expired, the partners shared their savings; they…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 454
John Crossley, the founder of the firm, has observed, that in the course of his life he was a keen observer of men and things. He says he noticed…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 455
The Park was opened in August, 1857.[1] Three years later, a fine statue of Sir Francis Crossley (by Mr. Joseph Durham) was placed in the Park, so…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 456
But the vow of Martha Crossley was not yet entirely fulfilled: "If the Lord does bless us at this place, the poor shall taste of it." That was what…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 457
The results of this system have proved entirely satisfactory; the directors reporting that "the active energies of all parties necessary to ensure…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 458
One of the most promising of co-operative undertakings established by employers for the benefit of their workpeople, was that of the Messrs. Briggs…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 459
The project was received with great favour by the friends of co-operation. Mr. John Stuart Mill, in his Principles of Political Economy, announced…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 460
Only a few years have passed, and already this promising partnership of industry has come to an end. It has not been brought to an end by the masters…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 461
The attempt was also made by several firms engaged in the iron trade, to embody the principle of co-operation in their respective concerns. Amongst…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 462
The experiments were to a certain extent brought to an end by the greed or laziness of the colliers, who have for a time destroyed the prosperity…
Direct reading
Investing · Entrepreneur memoirs
Thrift, Excerpt 463
The firm of Fox, Head, and Co. also admitted their workmen to a partnership of profits. They had for some time been much annoyed by strikes. Their…
Direct reading
Investing · Entrepreneur memoirs