Note 55 — S (continued 2)
Reading edition
It has been noted55 that “in Madras, an exceedingly poor country, there is one male goldsmith to every 408 of the total population; in England, a very rich country, there is only one goldsmith to every 1,200 inhabitants. In Europe, jewellery is primarily for ornament, and is a luxury. In India it is primarily an investment, its ornamental purpose being an incident.”