The Provident Mechanic's System of Savings: As Matured by G. and D. Cook and Co;, New Haven, Connecticut, and Adopted October 1st, 1858 (Classic Reprint) by G and D Cook and Company (Paperback / softback, 2016)
Excerpt from The Provident Mechanic's System of Savings: As Matured by G. And D. Cook and Co;, New Haven, Connecticut, and Adopted October 1st, 1858 The suspension of business which took place in 1857, gave affecting testimony to the fact that the mechanical pursuits of this country had t yielded (whatever they might have done) to the operatives engaged in them, anything more than a current subsistence. Perhaps the calamity l'ell with greater severity upon them than upon any other class of laborers; certain it is, that they were as seriously affected by it as any class of native citizens Among those who suffered for want of work in that revol sion, there were doubtless but few who could t, if they would, have saved a sufficient portion of their earnings, to have sustained themselves and families until they could have obtained work again, or made a shift in business which would have given them productive employment. An experience of several years, prior to 1857, in carrying on the business of carriage manufacturing, had satisfied met the necessity for some action on the part of employers, that should cause the wages of those in their employ for a series of years, t only to support those workmen and their families, but to yield to them some surplus which should be kept accumulating while they continued at work. The events of that year added strength to our conviction in this matter, and urged us to a determination to set the example of doing something ourselves, in the hope that others will do the same thing, or something better, which we may imitate. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.