Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 107

Samuel Smiles《Thrift》· Thrift · Investing

At the same time that these two families of colliers were doing so well, it was very different with the majority of their fellow-workmen. These only worked about three days in every week. Some spent their earnings at the public-house; others took a whisky "ploy" at the seaside. For that purpose they hired all the gigs, droskies, cabs, or "machines," about a fortnight beforehand. The results were seen, as the successive Monday mornings come round. The magistrate sat in the neighbouring town, where a number of men and women, with black eyes and broken heads, were brought before him for judgment. Before the time of high wages, the Court-house business was got through in an hour: sometimes there was no business at all. But when the wages were doubled, the magistrate could scarcely get through the business in a day. It seemed as if high wages meant more idleness, more whisky, and more broken heads and faces.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 107 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

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