Samuel Smiles：Thrift, Excerpt 395

The workman in good employment is not liable to losses by bad debts; he has no obsolete machinery from time to time left useless on his hands; and he has no anxiety about finding a market for his goods, nor fears respecting fluctuations in the price of the raw material. These are important advantages in his favour, which he does not usually take into account. It is true he suffers if trade is bad, but he earns high wages if it be good: he can then save money if he chooses to do so. He may be said to participate in the adversity or prosperity of his firm, but without incurring any of the liabilities of partnership.

Source： https://www.gutenberg.org/ebooks/14418
Locator：Excerpt 395 · Verified：2026-10-19 · Verification：Short excerpt

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