Labour Leisure And Luxury a Contribution to Present Practical Political Econom
Labour Leisure And Luxury a Contribution to Present Practical Political Econom
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To quickly assess the difficulty of the text, read a short excerpt:
4s. A year. How long will he take to gain his object, even with the advantage of 3 per cent, compound interest added to his deposit ? Will he do it in fourteen years ? No, it will take thirty years. Which, then, is the more prudent of the two 1 Is it not evident that the one is certain of ac- complishing in fourteen years what the other cannot accom- plish in less than thirty years ? But the loss of sixteen years is not all his folly, for what is the member of our company doing in the latter si...xteen years of the thirty ? He has now no rent to pay, and is able to lodge, year by year, in the bank 10?. 4s. What is the result at the end of the thirty years ? Why, he has not only a house worth 100?. , but he has also in cash no less a sum than 200?. In short, the one has as the fruit of his thirty years' savings 300?. , the other 100?. ' The worthy doctor's example in favour of the young man in the building society is, as is generally the case with men who en- thusiastically take up any question, somewhat one-sided, no allowance having been made for depreciation and repairs ; still, making all deductions, it shows very strongly the ad- vantages of the co-operative system in this matter also, and it is to advise you all who do not own your own houses to enter such a society that is one of the principal objects of this lecture.
What to read after Labour Leisure And Luxury a Contribution to Present Practical Political Econom?
You can find similar books in the "Read Also" column, or choose other free books by A Alexander Wylie to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
4s. A year. How long will he take to gain his object, even with the advantage of 3 per cent, compound interest added to his deposit ? Will he do it in fourteen years ? No, it will take thirty years. Which, then, is the more prudent of the two 1 Is it not evident that the one is certain of ac- complishing in fourteen years what the other cannot accom- plish in less than thirty years ? But the loss of sixteen years is not all his folly, for what is the member of our company doing in the latter si...xteen years of the thirty ? He has now no rent to pay, and is able to lodge, year by year, in the bank 10?. 4s. What is the result at the end of the thirty years ? Why, he has not only a house worth 100?. , but he has also in cash no less a sum than 200?. In short, the one has as the fruit of his thirty years' savings 300?. , the other 100?. ' The worthy doctor's example in favour of the young man in the building society is, as is generally the case with men who en- thusiastically take up any question, somewhat one-sided, no allowance having been made for depreciation and repairs ; still, making all deductions, it shows very strongly the ad- vantages of the co-operative system in this matter also, and it is to advise you all who do not own your own houses to enter such a society that is one of the principal objects of this lecture.
What to read after Labour Leisure And Luxury a Contribution to Present Practical Political Econom?
You can find similar books in the "Read Also" column, or choose other free books by A Alexander Wylie to read onlineMoreLess
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