Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 425

Samuel Smiles《Thrift》· Thrift · Investing

The business of the bank commenced on the 1st of May, 1859. At the end of the year, when the bank had been in operation seven months, twenty-four branches had been opened. It went on increasing in the number of branches and depositors, and in the amounts deposited. In 1874, about two hundred and fifty branches had been established, and the amount of investments in the names of trustees had reached nearly four hundred thousand pounds.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 425 · 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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