Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 484
Samuel Smiles《Thrift》· Thrift · Investing
Although the French workman has nothing like the same facilities for saving as the English, the _Journal des Débats_ alleges that he saves ten times as much as his rival. There are only about a thousand savings banks and branches established in France, and yet two millions of persons belonging to the lower ranks last year had invested in them about twenty-eight millions sterling. But the Frenchman of the city prefers investing in Government Rentes; and the Frenchman of the country prefers investing in land. All, however, are thrifty, saving, and frugal; because they are educated in economy from their earliest years.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 484 · 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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