Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 268

Samuel Smiles《Thrift》· Thrift · Investing

Hence originated the parish savings bank of Ruthwell, the first self-supporting institution of the kind established in this country. That the minister was not wrong in his anticipations, was proved by the fact that, in the course of four years, the funds of his savings bank amounted to nearly a thousand pounds. And if poor villagers out of eight shillings a week, and female labourers and servants out of much less, could lay aside this sum,--what might not mechanics, artizans, miners, and iron-workers accomplish, who earn from thirty to fifty shillings a week all the year round?

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 268 · 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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