Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 412

Samuel Smiles《Thrift》· Thrift · Investing

This promise has been amply fulfilled. Mr. Salt has been influenced throughout by his sense of duty and responsibility. When he was applied to by the French Government for information as to his factory, he replied: "What has been attempted at Saltaire arose from my own private feeling and judgment, without the most remote idea that it would be made the subject of public interest and inquiry." With respect to the factory itself, little need be said. The object of its construction is to save time in the process of production. Not a minute is lost in pushing the material from one department to another. Every horse-power of steam is made to do its utmost, every moment of time is economized, and the productive capabilities of the factory are thus greatly increased.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 412 · 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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