Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 478

Samuel Smiles《Thrift》· Thrift · Investing

And then, see what our inventors have accomplished! James Watt invented the steam-engine, which in a few years created a large number of new industries, and gave employment to immense numbers of people. Henry Cort invented the puddling-process, and enabled England to rely upon its own stores of iron, instead of depending upon foreign and perhaps hostile countries. All the docks and harbours round the English coast have been formed during the present century. The steamboat, the railway, and the telegraph have only been invented and applied during the last fifty years.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 478 · 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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