Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 299

Samuel Smiles《Thrift》· Thrift · Investing

Thus these institutions give help and strength in many ways, and, besides enabling young people to keep out of debt and honestly to pay their way, furnish them with the means of performing kindly and generous acts in times of family trial and emergency. It is an admirable feature of the Ragged Schools that almost every one of them has a Penny Bank connected with it for the purpose of training the scholars in good habits, which they most need; and it is a remarkable fact that in one year not less than £8,880 were deposited, in 25,637 sums, by the scholars connected with the Ragged School Union. And when, this can be done by the poor boys of the ragged schools, what might not be accomplished by the highly-paid operatives and mechanics of England?

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 299 · Verified:2026-10-19 · Verification:Short excerpt

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Does this passage change one judgment about money or risk today?

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