And the secret of thrift is knowledge.  In proportion as you know the laws and nature of a subject, you will be able to work at it easily, surely, rapidly, successfully; instead of wasting your money or your energies in mistaken schemes, irregular efforts, which end in disappointment and exhaustion.

The secret of thrift, I say, is knowledge.  The more you know, the more you can save yourself and that which belongs to you; and can do more work with less effort.

A knowledge of the laws of commercial credit, we all know, saves capital, enabling a less capital to do the work of a greater.  Knowledge of the electric telegraph saves time; knowledge of writing saves human speech and locomotion; knowledge of domestic economy saves income; knowledge of sanitary laws saves health and life; knowledge of the laws of the intellect saves wear and tear of brain; and knowledge of the laws of the spirit—­what does it not save?

A well-educated moral sense, a well-regulated character, saves from idleness and ennui, alternating with sentimentality and excitement, those tenderer emotions, those deeper passions, those nobler aspirations of humanity, which are the heritage of the woman far more than of the man; and which are potent in her, for evil or for good, in proportion as they are left to run wild and undisciplined, or are trained and developed into graceful, harmonious, self-restraining strength, beautiful in themselves, and a blessing to all who come under their influence.

What, therefore, I recommend to ladies in this lecture is thrift; thrift of themselves and of their own powers:  and knowledge as the parent of thrift.

And because it is well to begin with the lower applications of thrift, and to work up to the higher, I am much pleased to hear that the first course of the proposed lectures to women in this place will be one on domestic economy.

I presume that the learned gentleman who will deliver these lectures will be the last to mean by that term the mere saving of money; that he will tell you, as—­being a German—­he will have good reason to know, that the young lady who learns thrift in domestic economy is also learning thrift of the very highest faculties of her immortal spirit.  He will tell you, I doubt not—­for he must know—­how you may see in Germany young ladies living in what we more luxurious British would consider something like poverty; cooking, waiting at table, and performing many a household office which would be here considered menial; and yet finding time for a cultivation of the intellect, which is, unfortunately, too rare in Great Britain.

The truth is, that we British are too wealthy.  We make money, if not too rapidly for the good of the nation at large, yet too rapidly, I fear, for the good of the daughters of those who make it.  Their temptation—­I do not, of course, say they all yield to it—­but their temptation is, to waste of the very simplest—­I had almost said, if I may be pardoned the expression, of the most barbaric—­kind; to an oriental waste of money, and waste of time; to a fondness for mere finery, pardonable enough, but still a waste; and to the mistaken fancy that it is the mark of a lady to sit idle and let servants do everything for her.