Biographical and Historical: Edmund Burke was a British statesman of Irish birth, who lived at the time of the American Revolution. While William Pitt opposed, in the House of Lords, the policy of the British government, Edmund Burke delivered, in the House of Commons, his famous speech on the Conciliation of the Colonies, March 22, 1775. This extract is taken from the closing paragraphs of this celebrated speech.


THE WAY TO WEALTH

BENJAMIN FRANKLIN

COURTEOUS READER: I have heard that nothing gives an author so great pleasure as to find his works respectfully quoted by others. Judge, then, how much I must have been gratified by an incident I am going to relate to you.

I stopped my horse, lately, where a great number of people were collected at an auction of merchants' goods. The hour of the sale not being come, they were conversing on the badness of the times; and one of the company called to a plain, clean old man, with white locks: "Pray, Father Abraham, what think you of the times? Will not these heavy taxes quite ruin the country? How shall we ever be able to pay them? What would you advise us to do?"

Father Abraham stood up and replied: "If you would have my advice, I will give it to you in short; for 'a word to the wise is enough,' as Poor Richard says." They joined in desiring him to speak his mind, and, gathering around him, he proceeded as follows: "Friends," said he, "the taxes are indeed very heavy; and, if those laid on by the Government were the only ones we had to pay, we might more easily discharge them; but we have many others, and much more grievous to some of us.

"We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly; and of these taxes the commissioners can not ease or deliver us by allowing an abatement. However, let us hearken to good advice, and something may be done for us. 'Heaven helps them that help themselves,' as Poor Richard says.

"It would be thought a hard government that should tax its people one tenth part of their time to be employed in its service; but idleness taxes many of us much more; sloth, by bringing on diseases, absolutely shortens life. 'Sloth, like rust, consumes faster than labor wears; while the used key is always bright,' as Poor Richard says. How much more than is necessary do we spend in sleep! forgetting that 'the sleeping fox catches no poultry,' and that there will be sleeping enough in the grave.

"'Lost time is never found again; and what we call time enough, always proves little enough.' Let us, then, be up and doing, and doing to the purpose; so by diligence shall we do more with less perplexity. 'Drive thy business, and let not that drive thee'; and 'early to bed, and early to rise, makes a man healthy, wealthy, and wise,' as Poor Richard says.