Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 279

Samuel Smiles《Thrift》· Thrift · Investing

The idea, however, seems to have occurred to the Duke, that the proposal to facilitate the saving of money by private soldiers might be turned to account in the way of a reduction in the army expenditure, and he characteristically added: "Has a soldier more pay than he requires? If he has, it should be lowered, not to those now in the service, but to those enlisted hereafter." No one, however, could allege that the pay of the private soldier was excessive, and it was not likely that any proposal to lower it would be entertained.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 279 · 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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