Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 409
Samuel Smiles《Thrift》· Thrift · Investing
At length, after about twenty years' labour as a manufacturer, Mr. Salt thought of retiring from business, and again betaking himself to his favourite agricultural pursuits. He intended to retire on his fiftieth birthday, but before that time had arrived (having five sons to provide for) he reversed his decision, and resolved to continue in business a little longer, and to remain at the head of the firm. Having come to this determination, he made up his mind to leave Bradford. The borough was already overcrowded, and he did not like to be a party to increasing the population. He looked about for a site suitable for a manufacturing establishment, and at length fixed upon a large piece of ground in the beautiful valley of the Aire. An extension of the Leeds and Bradford Railway was in front, and the Leeds and Liverpool Canal behind it, so that there was every convenience for bringing up the raw materials, and of sending away the manufactured goods. On that spot Saltaire was erected--a noble monument of private enterprise, liberality, and wisdom.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 409 · 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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