Note 221-4 — Chapter I

Storch, Nationaleinkommen, 125 ff. That there is at least not too much to be feared from the making of too great savings is shown by Hermann, St. Untersuch., 371 seq. On the other hand, there is less wealth destroyed by spendthrifts than is generally supposed, for spendthrifts are most frequently cheated by men who make savings themselves. (J. S. Mill, Principles, I, ch. 5, 5.)