Memoirs of Benjamin Franklin; Written by Himself. [Vol. 2 of 2] With his Most Interesting Essays, Letters, and Miscellaneous Writings; Familiar, Moral, Political, Economical, and Philosophical, Selected with Care from All His Published Productions, and Comprising Whatever Is Most Entertaining and Valuable to the General Reader

By Benjamin Franklin

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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 saved is twopence clear,
A pin a day's a groat a year.

* * * * *


At this time, when the general complaint is that "money is scarce," it
will be an act of kindness to inform the moneyless how they may
re-enforce their pockets. I will acquaint them with the true secret of
money-catching, the certain way to fill empty purses, and how to keep
them always full. Two simple rules, well observed, will do the business.

First, let honesty and industry be thy constant companions; and,

Secondly, spend one penny less than thy clear gains.

Then shall thy hidebound pocket soon begin to thrive, and will never
again cry with the empty bellyache: neither will creditors insult thee,
nor want oppress, nor hunger bite, nor nakedness freeze thee. The whole
hemisphere will shine brighter, and pleasure spring up in every corner
of thy heart. Now, therefore, embrace these rules and be happy. Banish
the bleak winds of sorrow from thy mind and live independent. Then shalt
thou be a man and not hide thy face at the approach of the rich nor
suffer the pain of feeling little when the sons of fortune walk at thy
right hand: for independence, whether with little or much, is good
fortune and placeth thee on even ground with the proudest of the golden
fleece. Oh, then, be wise, and let industry walk with thee in the
morning, and attend thee until thou reachest the evening hour for rest.
Let honesty be as the breath of thy soul, and never forget to have a
penny when all thy expenses are enumerated and paid: then shalt thou
reach the point of happiness, and independence shall be thy shield and
buckler, thy helmet and crown; then shall thy soul walk upright, nor
stoop to the silken wretch because he hath riches, nor pocket an abuse
because the hand which offers it wears a ring set with diamonds.

* * * *

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Text Comparison with Franklin's Autobiography (Eclectic English Classics)

Page 6
" At last, in 1785, he came home, old and broken in health.
Page 18
He instantly agreed to it, and I presently found that I could save half what he paid me.
Page 23
miles from home, a boy of but seventeen, without the least recommendation to, or knowledge of, any person in the place, and with very little money in my pocket.
Page 44
He had half ruined Miss Read's father by persuading him to be bound[60] for him.
Page 49
Our supper was only half an anchovy each, on a very little strip of bread and butter, and half a pint of ale between us; but the entertainment was in her conversation.
Page 58
It happened that they wrought an effect on me quite contrary to what was intended by them; for the arguments of the Deists, which were quoted to be refuted, appeared to me much stronger than the refutations; in short, I soon became a thorough Deist.
Page 65
I gave him what he demanded, and he went soon after to Carolina, from whence he sent me next year two long letters, containing the best account that had been given of that country, the climate, the soil, husbandry, etc.
Page 68
Page 86
It will be remarked that, though my scheme was not wholly without religion, there was in it no mark of any of the distinguishing tenets of any particular sect.
Page 96
[Footnote 111: The following is taken from the commentary of Hierocles upon the Golden Verses of Pythagoras.
Page 101
The settlement of that province had lately been begun, but, instead of being made with hardy, industrious husbandmen, accustomed to labor,--the only people fit for such an enterprise,--it was with families of broken shopkeepers and other insolvent debtors, many of indolent and idle habits, taken out of the jails, who, being set down in the woods, unqualified for clearing land and unable to endure the hardships of a new settlement, perished in numbers, leaving many helpless children unprovided for.
Page 108
He put into my hands sixty pounds to be laid out in lottery tickets for the battery, with directions to apply what prizes might be drawn wholly to that service.
Page 111
] [Footnote 129: Written words endure.
Page 113
He took off my hands all care of the.
Page 120
did not, from the effect holes in the bottom of the globe lamps used at Vauxhall[144] have in keeping them clean, learn to have such holes in their street lamps.
Page 127
] [Footnote 150: The ministers of the Crown in London.
Page 139
I had been active in modeling the bill and procuring its passage, and had, at the same time, drawn a bill for establishing and disciplining a voluntary militia, which I carried through the House without much difficulty, as care was taken in it to leave the Quakers at their liberty.
Page 146
from Sir Everard a gentle admonition.
Page 155
General Shirley, on whom the command of the army devolved upon the death of Braddock, would, in my opinion, if continued in place, have made a much better campaign than that of Loudoun in 1757, which was frivolous, expensive, and disgraceful to our nation beyond conception; for, though Shirley was not a bred soldier, he was sensible and sagacious in himself, and attentive to good advice from others, capable of forming judicious plans, and quick and active in carrying them into execution.
Page 177
Books I and II (Stephens) =Old Ballads= (Morton).