Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 323
Samuel Smiles《Thrift》· Thrift · Investing
Simple as are the words, they shed light into Mr. Sikes's mind, and became the keynote and the test to which he brought the various views and theories which he had previously met with. Doles and charities, though founded frequently on the most benevolent motives, were too often deteriorating to their recipients. On the other hand, if self-reliance and self-help--the columns of true majesty in man--could only be made characteristics of the working classes generally, nothing could retard their onward and upward progress. Mr. Sikes observed that until the working classes had more of the money power in their hands, they would still be periodically in poverty and distress. He saw that if provident habits could only he generally pursued by them, the face of society would immediately be transformed; and he resolved, in so far as lay in his power, to give every aid to this good work.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 323 · 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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