Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 469
Samuel Smiles《Thrift》· Thrift · Investing
The late Sir Francis Crossley observed that there was a good deal of unreasonable feeling abroad. It was held by some that it was wrong for working men to sell their labour at the best price; but it must be remembered that their labour was the only thing they had to sell; and the best thing to do was to leave those matters to take their natural course. It was a great mistake, on the part of employers, to suppose that the lowest-priced labour was always the cheapest. If there was not so much desire to run down the price of labour, and the masters showed a more conciliatory spirit, there would be fewer strikes and outrages.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 469 · 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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