Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 114

Samuel Smiles《Thrift》· Thrift · Investing

Mr. Chambers, of Edinburgh, in his description of the working classes of Sunderland makes these remarks: "With deep sorrow I mention that everywhere one tale was told. Intemperance prevails to a large extent; good wages are squandered on mean indulgences; there is little care for the morrow, and the workhouse is the ultimate refuge. One man, a skilled worker in an iron-foundry, was pointed out as having for years received a wage of one guinea a day, or six guineas a week; he had spent all, mostly in drink, and was now reduced to a lower department at a pound a week."

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 114 · 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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