Economy
Saba lace (also known as "Spanish work") is drawn thread work, which is still produced on the island. In the late 19th and early 20th centuries Saba lace was a major export.In the 1870s, as a young lady, Mary Gertrude Hassell Johnson, was sent to a Caracas convent in Venezuela for study – where she learned the difficult craft. On her return, lacework spread through the island. The women of Saba began a mail-order business, and would copy addresses of businesses off shipping containers from the United States, and write to the employees. Often they would get orders for the lacework, and it started a considerable cottage industry. By 1928, the women were exporting around $15,000 (USD) worth of lace products each year.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)