The trade of the world . f the French is proverbial. Out of 379,418 estatesfrom which the state collected death dues in 1910,about ninety-six per cent, were less than $10,000each, and the average value of them all was $ statement is made with considerable truth thatno one in France spends more than four fifths ofhis or her income. The saving mania of the aver-age Frenchman is as notable as is the spendingmania of the average American. The former hasa purpose, an end in view: he intends to accumulateeither that he may not need to labor or that his chil-dren may begin where he left off.
The trade of the world . f the French is proverbial. Out of 379,418 estatesfrom which the state collected death dues in 1910,about ninety-six per cent, were less than $10,000each, and the average value of them all was $ statement is made with considerable truth thatno one in France spends more than four fifths ofhis or her income. The saving mania of the aver-age Frenchman is as notable as is the spendingmania of the average American. The former hasa purpose, an end in view: he intends to accumulateeither that he may not need to labor or that his chil-dren may begin where he left off. It may be countedas a heresy to say it, but it is nevertheless true thatfrom this saving mania have come some of the great-est evils which afflict France to-day, and it is one ofthe most cogent reasons for her stationary popula-tion and her comparatively snail-like pace in themarch of general industrial and commercial prog-ress of the great nations. France at one time wasthe greatest of all the Western powers; to-day she. Photog;raph hy Brown Bros. Tlie Seine River as It Flows through Paris.
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectcommerce, bookyear191
