MONEY - ITS USE AND ABUSE.
"Not for to hide it in a hedge, Nor for a train attendant, But for the glorious privilege Of being independent." - Burns.
"Neither a borrower nor a lender be:
For loan oft loses both itself and friend;And borrowing dulls the edge of husbandry." - Shakepeare.
Never treat money affairs with levity - Money is character. - Sir E. L. Bulwer Lytton.
How a man uses money - makes it, saves it, and spends it - is perhaps one of the best tests of practical wisdom. Although money ought by no means to be regarded as a chief end of man's life, neither is it a trifling matter, to be held in philosophic contempt, representing as it does to so large an extent, the means of physical comfort and social well-being. Indeed, some of the finest qualities of human nature are intimately related to the right use of money; such as generosity, honesty, justice, and self-sacrifice; as well as the practical virtues of economy and providence. On the other hand, there are their counterparts of avarice, fraud, injustice, and selfishness, as displayed by the inordinate lovers of gain; and the vices of thriftlessness, extravagance, and improvidence, on the part of those who misuse and abuse the means entrusted to them. "So that," as is wisely observed by Henry Taylor in his thoughtful 'Notes from Life,' "a right measure and manner in getting, saving, spending, giving, taking, lending, borrowing, and bequeathing, would almost argue a perfect man."Comfort in worldly circumstances is a con ion which every man is justified in striving to attain by all worthy means. It secures that physical satisfaction, which is necessary for the culture of the better part of his nature; and enables him to provide for those of his own household, without which, says the Apostle, a man is "worse than an infidel." Nor ought the duty to be any the less indifferent to us, that the respect which our fellow-men entertain for us in no slight degree depends upon the manner in which we exercise the opportunities which present themselves for our honourable advancement in life. The very effort required to be made to succeed in life with this object, is of itself an education; stimulating a man's sense of self-respect, bringing out his practical qualities, and disciplining him in the exercise of patience, perseverance, and such like virtues. The provident and careful man must necessarily be a thoughtful man, for he lives not merely for the present, but with provident forecast makes arrangements for the future. He must also be a temperate man, and exercise the virtue of self-denial, than which nothing is so much calculated to give strength to the character. John Sterling says truly, that "the worst education which teaches self denial, is better than the best which teaches everything else, and not that."The Romans rightly employed the same word (virtus) to designate courage, which is in a physical sense what the other is in a moral;the highest virtue of all being victory over ourselves.
Hence the lesson of self-denial - the sacrificing of a present gratification for a future good - is one of the last that is learnt. Those classes which work the hardest might naturally be expected to value the most the money which they earn. Yet the readiness with which so many are accustomed to eat up and drink up their earnings as they go, renders them to a great extent helpless and dependent upon the frugal. There are large numbers of persons among us who, though enjoying sufficient means of comfort and independence, are often found to be barely a day's march ahead of actual want when a time of pressure occurs; and hence a great cause of social helplessness and suffering. On one occasion a deputation waited on Lord John Russell, respecting the taxation levied on the working classes of the country, when the noble lord took the opportunity of remarking, "You may rely upon it that the Government of this country durst not tax the working classes to anything like the extent to which they tax themselves in their expenditure upon intoxicating drinks alone!" Of all great public questions, there is perhaps none more important than this, - no great work of reform calling more loudly for labourers. But it must be admitted that "self-denial and self-help" would make a poor rallying cry for the hustings; and it is to be feared that the patriotism of this day has but little regard for such common things as individual economy and providence, although it is by the practice of such virtues only that the genuine independence of the industrial classes is to be secured. "Prudence, frugality, and good management," said Samuel Drew, the philosophical shoemaker, "are excellent artists for mending bad times: they occupy but little room in any dwelling, but would furnish a more effectual remedy for the evils of life than any Reform Bill that ever passed the Houses of Parliament."Socrates said, "Let him that would move the world move first himself. " Or as the old rhyme runs -"If every one would see To his own reformation, How very easily You might reform a nation."It is, however, generally felt to be a far easier thing to reform the Church and the State than to reform the least of our own bad habits; and in such matters it is usually found more agreeable to our tastes, as it certainly is the common practice, to begin with our neighbours rather than with ourselves.
