The Life of Benjamin Franklin, Illustrated by Tales, Sketches, and AnecdotesGoodrich, Samuel G. (Samuel Griswold)
History
The Life of Benjamin Franklin, Illustrated by Tales, Sketches, and Anecdotes
Goodrich, Samuel G. (Samuel Griswold)
Franklin, Benjamin, 1706-1790; Statesmen -- United States -- Biography
'Many estates are spent in the getting;
Since women for tea forsook spinning and knitting,
And men for punch forsook hewing and splitting.'
"'If you would be wealthy (says he, in another Almanac), think of
saving, as well as of getting; the Indies have not made Spain rich,
because her outgoes are greater than her incomes.'
"Away then with your expensive follies, and you will not have much
cause to complain of hard times, heavy taxes, and chargeable families;
for, as poor Dick says,
'Women and wine, game and deceit,
Make the wealth small, and the want great.
"And, further, 'What maintains one vice, would bring up two children.'
You may think, perhaps, that a little tea, or a little punch now and
then, diet a little more costly, clothes a little finer, and a little
entertainment now and then, can be no great matter; but remember what
poor Richard says--'Many a little makes a mickle;' and further,
'Beware of little expenses; a small leak will sink a great ship;' and
again, 'Who dainties love shall beggars prove;' and moreover, 'Fools
make feasts, and wise men eat them.'
"Here you are all got together at this sale of fineries and
nick-nacks. You call them _goods_; but if you do not take care, they
will prove _evils_ to some of you. You expect they will be sold cheap,
and perhaps they may for less than they cost; but if you have no
occasion for them, they must be dear to you. Remember what poor
Richard says--'Buy what thou hast no need of, and ere long thou shalt
sell thy necessaries.' And again, 'At a great pennyworth pause
awhile.' He means, that perhaps the cheapness is apparent only, or not
real; or the bargain, by straitening thee in thy business, may do thee
more harm than good. For in another place he says, 'Many have been
ruined by buying good pennyworths.' Again, as poor Richard says, 'It
is foolish to lay out money in a purchase of repentance:' and yet this
folly is practised every day at auctions, for want of minding the
Almanac. 'Wise men (as poor Dick says) learn by others' harms, fools
scarcely by their own; but _Felix quem faciunt aliena pericula
cautum_.' Many a one, for the sake of finery on the back, have gone
with a hungry belly, and half starved their families: 'Silk and
satins, scarlet and velvets (as poor Richard says), put out the
kitchen fire.' These are not the necessaries of life; they can
scarcely be called the conveniences; and yet only because they look
pretty, how many want to have them! The artificial wants of mankind
thus become more numerous than the natural; and as poor Dick says,
'For one poor person there are a hundred indigent.' By these and other
extravagances the genteel are reduced to poverty, and forced to borrow
of those whom they formerly despised, but who, through industry and
frugality, have maintained their standing; in which case it appears
plainly, 'A ploughman on his legs is higher than a gentleman on his
knees,' as poor Richard says. Perhaps they have had a small estate
Public-domain text, read in full here on John Shaqi.
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