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<head>31 Aug. 1800 + <!-- Red ink -->Note</head> <lb/> | <head>31 Aug. 1800 + <!-- Red ink -->Note</head> <lb/> | ||
<note><gap/><lb/> | <note><gap/><lb/> | ||
1 A Abstract<lb/> | 1 <add>A</add> Abstract<lb/> | ||
Ch. XVI. Advant <gap/><lb/> | Ch. XVI. Advant <gap/><lb/> | ||
2(v)<lb/> | 2(v)<lb/> | ||
The Frugality <lb/> | The Frugality <lb/> | ||
Bank recommended<lb/> | |||
in the Authors<lb/> | in the Authors<lb/> | ||
plan of provision<lb/> | plan of provision<lb/> | ||
for the Poor, and<lb/> | for the Poor, and<lb/> | ||
adopted <gap/> it<lb/> | adopted <gap/> it<lb/> | ||
Globe Insurance<lb/> | |||
Company would<lb/> | Company would<lb/> | ||
be superseded with<lb/> | be superseded with<lb/> | ||
| Line 24: | Line 24: | ||
the <hi rend="underline">collateral</hi> uses <add><del>purposes</del></add> deducible <add>there</add> mentioned as <del>deduci | the <hi rend="underline">collateral</hi> uses <add><del>purposes</del></add> deducible <add>there</add> mentioned as <del>deduci | ||
</del><add>derivable</add><lb/> | </del><add>derivable</add><lb/> | ||
from the <del>proposed</del> system of <hi rend="underline">Industry- | from the <del>proposed</del> system of <hi rend="underline">Industry- Houses</hi><lb/> | ||
there proposed, is that of their affording, each of <lb/> | there proposed, is that of their affording, each of <lb/> | ||
them to its neighbourhood, a Bank for the reception<lb/> | them to its neighbourhood, a Bank for the reception<lb/> | ||
| Line 30: | Line 30: | ||
<del>and</del> Frugality on a small scale, under the<lb/> | <del>and</del> Frugality on a small scale, under the<lb/> | ||
name of a <hi rend="underline">Frugality Bank</hi>. In the <add>plan</add> <del>prospectus</del><lb/> | name of a <hi rend="underline">Frugality Bank</hi>. In the <add>plan</add> <del>prospectus</del><lb/> | ||
that was handed about of the <del>plan of</del><lb/> | <add><del>print</del></add>that was handed about of the <del>plan of</del><lb/> | ||
the then proposed <hi rend="underline">Globe-Insurance Company</hi>,<lb/> | the then proposed <hi rend="underline">Globe-Insurance Company</hi>,<lb/> | ||
since established by Act of Parliament, <hi rend="superscript">+</hi> among<lb/> | since established by Act of Parliament, <hi rend="superscript">+</hi> among<lb/> | ||
the uses mentioned as proposed to be made of<lb/> | the uses mentioned as proposed to be made of<lb/> | ||
the Stock of such Company, is that of <del>adapting</del><lb/> | the Stock of such Company, is that of <del>adapting</del><lb/> | ||
<del>it to the</del> carrying on the business <add>such</add> <hi rend="underline">a Frugality</hi> | <del>it to the</del> carrying on the business <add>such</add> <hi rend="underline">a Frugality</hi><lb/> | ||
Bank, <del>as suggested</del> with a reference to the suggestions<lb/> | Bank, <del>as suggested</del> with a reference to the suggestions<lb/> | ||
given in | given in relation to it in the above<lb/> | ||
papers.</p> | papers.</p> | ||
31 Aug. 1800 + Note
1 A Abstract
Ch. XVI. Advant
2(v)
The Frugality
Bank recommended
in the Authors
plan of provision
for the Poor, and
adopted it
Globe Insurance
Company would
be superseded with
advantage by the
proposed paper
Note (a) to p.202 continued
In the Outline of a plan of provision for the Poor In a of papers as ated in Youngs Annals
as printed in Youngs Annals of Agriculture relative to the Poor, among
the collateral uses purposes deducible there mentioned as deduci
derivable
from the proposed 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 producepart of Industry
and Frugality on a small scale, under the
name of a Frugality Bank. In the plan prospectus
printthat was handed about of the plan of
the then proposed Globe-Insurance Company,
since established by Act of Parliament, + among
the uses mentioned as proposed to be made of
the Stock of such Company, is that of adapting
it to the carrying on the business such a Frugality
Bank, as suggested with a reference to the suggestions
given in relation to it in the above
papers.
Were the proposed Annuity Note paper to
be emitted, Every poor man might be his
own Bankers: every poor man might, by givingthrowing
his little hoards into this shape, make Bankers
profit of his own money. Every man poor
countrymans Cottage, every little Town LodgingTenement might, Import
of Frugality
the
it is a
to mans
other virtue
with this degree of profit, and with a degree of security
till now unknown, be a Frugality Bank
. End of Note
Frugality, itself a virtue, is the auxiliary to of all the other virtues
to time more than to generosity to which the unthinking would oppose it.
the sacrifice of the present to the future is the common basis of
all the virtues: frugality is among the most unremitting and
persevering exemplifications of that sacrifice. Important in all
classes is more peculiarly so to those which most abound in uncultivated
minds. To promote frugality is to promote sobriety and temperance. to work that vice, which in peaceful times,
outstrips all other moral causes of unhappiness
put together. In the prospects by
frugality, the wife and childrenhave their share: they derive nothing
but vexation from the money spent at the Gin shop or
the Ale house. Compared with the prodigal, the Miser
is a man of virtue
