Benjamin Franklin Representative selections, with introduction, bibliograpy, and notes

By Benjamin Franklin

Page 322

the free Spirit of an
Astronomer, and I am too compassionate to proceed suddenly to
Extremities with it; nevertheless, tho' I resolve with Reluctance, I
shall not long defer, if it does not speedily learn to treat its living
Friends with better Manners,

I am, _Courteous Reader, your obliged Friend and Servant_

Octob. 30. 1734 R. SAUNDERS.


[October, 1736--From _Poor Richard_, 1737]

The Use of Money is all the Advantage there is in having Money.

For L6 a Year you may have the Use of L100 if you are a Man of known
Prudence and Honesty.

He that spends a Groat a day idly, spends idly above L6 a year, which is
the Price of using L100.

He that wastes idly a Groat's worth of his Time per Day, one Day with
another, wastes the Privilege of using L100 each Day.

He that idly loses 5s. worth of time, loses 5s. and might as prudently
throw 5s. in the River.

He that loses 5s. not only loses that Sum, but all the Advantage that
might be made by turning it in Dealing, which, by the time that a young
Man becomes old, amounts to a comfortable Bag of Money.

_Again_, He that sells upon Credit, asks a Price for what he sells
equivalent to the Principal and Interest of his Money for the Time he is
like to be kept out of it: therefore He that buys upon Credit, pays
Interest for what he buys. And he that pays ready Money, might let that
Money out to Use; so that He that possesses any Thing he has bought,
pays Interest for the Use of it.

_Consider then_ when you are tempted to buy any unnecessary
Householdstuff, or any superfluous thing, whether you will be willing to
pay _Interest, and Interest upon Interest_ for it as long as you live;
and more if it grows worse by using.

_Yet, in buying goods, 'tis best to pay Ready Money, because_, He that
sells upon Credit, expects to lose _5 per Cent_ by bad Debts; therefore
he charges, on all he sells upon Credit, an Advance that shall make up
for that Deficiency.

Those who pay for what they buy upon Credit, pay their Share of this

He that pays ready Money, escapes or may escape that Charge.

A Penny sav'd is

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Text Comparison with The Complete Works in Philosophy, Politics and Morals of the late Dr. Benjamin Franklin, Vol. 3 [of 3]

Page 15
Page 27
) "Now _all_ the inhabitants of the province of Quebec," says this very act, "amounted at the conquest to above sixty-five thousand [only,] professing the religion of the church of Rome, and enjoying an established form of constitution and system of laws.
Page 66
" On a little farther reflection, he must I think be sensible, that the circumstances of the two cases are widely different.
Page 106
The 2d reason is, "_That the_ merchants _trading to America have_ suffered _and lost by the paper-money_.
Page 112
Page 124
endeavoured to enforce here, could not be supported there[61], they bent their whole strength against the act on _other_ principles to procure its repeal, pretending great willingness to submit to an equitable tax; but that the assembly (out of mere malice, because they had conscientiously quitted quakerism for the church!) were wickedly determined to ruin them, to tax all their unsurveyed wilderness-lands, and at the highest rates: and by that means exempt themselves and the people, and throw the whole burden of the war on the proprietary family.
Page 132
The assembly, who come from all parts of the country, and therefore may be supposed to know them, at least as well as the prefacer, have given that testimony of them.
Page 137
It begins with a formal quotation from the [assembly's] petition, which they own they have not seen, and of words that are not in it; and after relating very imperfectly and unfairly the fact relating to their application for a copy of it, which is of no importance, proceeds to set forth, "that as we and all your American subjects must be governed by persons authorised and approved by your Majesty, on the best recommendation that can be obtained of them; we cannot perceive our condition in this respect to be _different_ from our fellow-subjects around us, or that we are thereby less under your majesty's particular care and protection than they are; since there can be no _governors_ of this province without your majesty's _immediate approbation_ and authority.
Page 138
They came before.
Page 140
" I hope and believe it is; the assembly have said nothing to the contrary.
Page 166
Our people have been foolishly fond of their superfluous modes and manufactures, to the impoverishing our own country, carrying off all our cash, and loading us with debt; they will not suffer us to restrain the luxury of our inhabitants, as they do.
Page 223
And accordingly the East-India company sent out large cargoes under their protection.
Page 283
Page 284
The opinions I have had of its errors, I sacrifice to the public good.
Page 314
Page 330
Every body has not this two-legged instrument; but every one, with a little attention, may observe signs of that carping, fault-finding disposition, and take the same resolution of avoiding the acquaintance of those infected with it, I therefore advise those critical querulous, discontented, unhappy people, that, if they wish to be respected and beloved by others, and happy in themselves, they should _leave off looking at the ugly leg_.
Page 336
This, repeated twenty times, will so clear them of the perspirable matter they have imbibed, as to permit your sleeping.
Page 401
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_ curious instance of its effects on water in a lamp, 142.
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Pg 475.