Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 229

Samuel Smiles《Thrift》· Thrift · Investing

The example of the Rochdale Pioneers has exercised a powerful influence on working-men throughout the northern counties of England. There is scarcely a town or village but has a co-operative institution of one kind or another. These societies have promoted habits of saving, of thrift, and of temperance. They have given the people an interest in money matters, and enabled them to lay out their earnings to the best advantage. They have also given the working people some knowledge of business; for the whole of their concerns are managed by committees selected at the general meetings of the members.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 229 · 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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