ment,
and so lives a life of constant enjoyment. The spendthrift spends
recklessly, regardless of consequences. The miser hoards anxiously,
despising the present. The man of prudence and economy spends liberally
for present needs, and saves only as a means to more judicious and
lasting expenditure. The miser is as much the slave of his money as is
the spendthrift the slave of his indulgences. Economy escapes both forms
of slavery and maintains its freedom by making both spending and saving
tributary to the true interests of the self.

THE PENALTY.

+The thing we waste to-day, we want to-morrow.+--The money we spend
foolishly to-day we have to borrow to-morrow, and pay with interest the
day after. Wastefulness destroys the seeds of which prosperity is the
fruit. Wastefulness throws away the pennies, and so must go without the
dollars which the pennies make. Years of health and strength spent in
hand-to-mouth indulgence inevitably bear fruit in a comfortless old age.

CHAPTER VI.

Exchange.

The jack-of-all-trades is a bungler in every one of them. The man who
will do anything well must confine himself to doing a very few things.
Yet while the things a man can produce to advantage are few, the things
he wants to consume are many. Exchange makes possible at the same time
concentration in production and diversity of enjoyment. Exchange enables
the shoemaker to produce shoes, the tailor to make coats, the carpenter
to build houses, the farmer to raise grain, the weaver to make cloth,
the doctor to heal disease; and at the same time brings to each one of
them a pair of shoes, a coat, a house, a barrel of flour, a cut of
cloth, and such medical attendance as he needs. Civilization rests on
exchange.

THE DUTY.

+It is the duty of each party in a trade to give a fair and genuine
equivalent for what he expects to receive.+--Articles exchanged always
represent work. And it is our duty to make sure that the article we
offer represents thorough work. Good honest work is the foundation of
all righteousness. Whatever we offer for sale, whether it be our labor
for wages, or goods for a price, ought to be as good and thorough as we
can make it. To sell a day's work for wages, and then to loaf a part of
that day, is giving a man idleness when he pays for work. To sell a man
a shoddy coat when he thinks he is buying good wool, is giving him cold
when he pays for warmth. To give a man defective plumbing in his house