JB/002/311/001

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In the existing state of the money-market,
the hoards of the opulent are prolific and accumulating:
the hoards of the poor alone are dead and unproductive.

Note (b) continued.

the other virtues: to none more than to generosity,
to which by the unthinking it is so apt to be
regarded as an adversary. The sacrifice of the present
to the future is the common basis of all the virtues:
— frugality is among the most difficult and persevering
exemplifications of that sacrifice.— Important in all
classes, it is more particularly so in those which
most abound in uncultivated minds. In these, to
promote frugality is to promote sobriety:— to curb
that raging vice which in peaceful times outstrips
all other moral causes of unhappiness put together.
In the prospects opened by frugality, the wife and
children have a principal share:— they derive nothing
but vexation and distress, from the money spent at
the Gin-shop or the Ale-house. Compared with the
prodigal, the hardest of misers is a man of virtue.

In the "Outline of a plan of provision for the
"poor" as printed in Young's Annals of Agriculture,
among the collateral uses there mentioned, as derivable
from the system of Industry-Houses there proposed,
is that of their affording, each of them to
its Neighbourhood, a bank, for the reception and improvement
of the produce of frugality on a small
scale under the name of a Frugality Bank. In
the plan that was handed about of the then proposed
Globe Insurance Company, since established
by Act of Parliament, among the uses mentioned as

Identifier: | JB/002/311/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1	1801-01-04	Marginal Summary Numbering
Box	002	Main Headings	annuity notes
Folio number	311	Info in main headings field	annuity notes moral advantages
Image	001	Titles	note (b)
Category	copy/fair copy sheet	Number of Pages	4
Recto/Verso	recto	Page Numbering	f5 / f6 / f7 / f8
Penner		Watermarks	1798 am
Marginals		Paper Producer	frances wright
Corrections		Paper Produced in Year	1798
Notes public		ID Number	1050
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