Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
[Footnote 222-1: _Temple_, Observations on the U. Provinces,
Works, I, 136, 138 seq., 179. _Roscher_, Geschichte der
engl. Volkswirthschaftsl., 129. Thus, for instance, the
Richesse de Hollande, I, 305, describes a rich town near
Amsterdam in which a man with an income of 120,000 florins a
year expended probably only 1,000 florins per annum on
himself.]
[Footnote 222-2: As early a writer as _D. Defoe_, Giving
Alms no Charity! 1704, says: the English get estates; the
Dutch save them. An Englishman at that time with weekly
wages of 20 shillings just made ends meet; while a Dutchman
with the same grew rich, and left his children behind him in
very prosperous circumstances, etc. _L. Faucher_ draws a
similar contrast between his fellow countrymen and the
English. _Goethe's_ ingenuous observations (Werke, Bd., 23,
246, ed. of 1840) in his Italian journey, show that the
Italians, too, know how to save. _Molti pochi fanno un
assai!_ And so in Bohemia, the Czechs have a good reputation
for frugality, sobriety, etc. as workmen. They are more
frugal than the Germans, although all the larger businesses
belong to Germans, because when the Czech has saved
something, he prefers to return to his village to putting
his savings in jeopardy by speculation.]
[Footnote 222-3: Drunkenness a common vice of northern
people: thus in antiquity the Thracians (_Athen._, X, 42;
_Xenoph._, Exp. Cyri, VII, 3, 32), the Macedonians, for
instance, Philips (_Demosth._, Olynth., II, 23) and
Alexander's (_Plutarch_, Alex., 70; De Adulat, 13). To drink
like a Scythian, meant, among the Greeks, to drink like a
beast. (_Athen._, X, 427; _Herod._, VI, 84.) On North German
drunkenness in the 16th century, see _Seb. Münster_,
Cosmogr., 326, 730. _Kantzow_, Pomerania, II, 128.]
[Footnote 222-4: _Plutarch_, Cato, I, 21.]
SECTION CCXXIII.
THE MOST DETRIMENTAL KIND OF EXTRAVAGANCE.
The kind of extravagance which it is most natural we should desire to
see put an end to, is that which procures enjoyment to no one. I need
call attention only to the excessive durability and solidity of certain
buildings. It is more economical to build a house that will last 60
years for $10,000, than one which will last 400 years for $20,000; for
in 60 years the interest saved on the $10,000 would be enough to build
three such houses.[223-1] This is, of course, not applicable to houses
built as works of art, or only to produce an imposing effect. The object
the ancient Egyptians had in view in building their obelisks and
pyramids continues to be realized even in our day.
I might also call attention to the premature casting away of things
used. Our national economy has saved incredible sums since rags have
been manufactured into paper. In Paris 4,000 persons make a living from
what they pick up in the streets.[223-2]
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