Selections from the Papers of Lord Metcalfe: Late Governor-general of India, Governor of Jamaica, and Governor-general of Canada

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Smith, Elder and Company, 1855 - 476 strán (strany)
 

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Strana 8 - Expense, and great expense, may be an essential part in true economy. If parsimony were to be considered as one of the kinds of that virtue, there is, however, another and an higher economy. Economy is a distributive virtue, and consists, not in saving, but in selection.
Strana 8 - Economy is a distributive virtue, and consists not in saving, but in selection. Parsimony requires no providence, no sagacity, no powers of combination, no comparison, no judgment. Mere instinct, and that not an instinct of the noblest kind, may produce this false economy in perfection. The other economy has larger views. It demands a discriminating judgment,- and a firm, sagacious mind.

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