Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 286
Samuel Smiles《Thrift》· Thrift · Investing
From what we have said, it will be obvious that there can be no doubt as to the ability of a large proportion of the better-paid classes of working men to lay by a store of savings. When they set their minds upon any object, they have no difficulty in finding the requisite money. A single town in Lancashire contributed thirty thousand pounds to support their fellow-workmen when on strike in an adjoining town. At a time when there are no strikes, why should they not save as much money on their own account, for their own permanent comfort? Many workmen already save with this object; and what they do, all might do. We know of one large mechanical establishment,--situated in an agricultural district, where the temptations to useless expenditure are few,--in which nearly all the men are habitual economists, and have saved sums varying from two hundred to five hundred pounds each.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 286 · 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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