Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 124

Samuel Smiles《Thrift》· Thrift · Investing

The last serfs in England were emancipated in the reign of Queen Elizabeth; but the last serfs in Scotland, were not emancipated until the reign of George III, at the end of last century. Before then, the colliers and salters belonged to the soil. They were bought and sold with it. They had no power to determine what their wages should be. Like the slaves in the Southern States of America, they merely accepted such sustenance as was sufficient to maintain their muscles and sinews in working order.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 124 · 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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