Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 397

Samuel Smiles《Thrift》· Thrift · Investing

Let us first take a large manufacturing firm, or rather series of firms, well known in South Lancashire. We mean the cotton-spinning mills of the Messrs. Ashworth at Egerton and New Eagley. They have been in existence for more than seventy years. They have been repeatedly enlarged, and increasing numbers of workpeople have been employed at the uniform wages paid throughout the district. Workmen earn from seventeen shillings to two pounds a week. Women-weavers can earn as much as twenty-one shillings a week. Where the parents have children, the united earnings of families amount to as much as from £150 to £200 a year.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 397 · 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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