Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 365

Samuel Smiles《Thrift》· Thrift · Investing

The carrying on of such an important and extensive business required much capital, great energy, and first-rate business management. The horses necessary to carry on the traffic were increased from about fifty, which they were in the time of Pickford, to more than a thousand; for relays of horses were necessary at all the stopping-places on the line of traffic, between London and Manchester, between London and Exeter, and between London and Edinburgh. A ship-building yard was established, where all the boats, flying and slow, required to carry on the business, were constructed at Mr. Baxendale's expense.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 365 · 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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