Samuel Smiles：Thrift, Excerpt 249

To quote the words of the Registrar of Friendly Societies, in a recent report: "Though the information thus far obtained is not very encouraging as to the general system of management; on the whole, perhaps, the results of the investments of the poor are not worse than those which noblemen, members of Parliament, merchants, professed financiers, and speculators have contrived to attain in their management of railways, joint-stock banks, and enterprises of all kinds."

Source： https://www.gutenberg.org/ebooks/14418
Locator：Excerpt 249 · Verified：2026-10-19 · Verification：Short excerpt

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