p. 16 | Expenditure of Money

Pacific Press Publishing Company · Mountain View, California · Jun 19, 1907

FromSigns of the Times, Vol. 33, No. 25.

Expenditure of Money

Expenditure of Money.—As showing how much money is used for mere pleasure, the following is striking evidence: "In fifty-five years the wealth of Switzerland has grown from $2,000,000,000 to $3,400,000,000, and not less than two-fifths of this total has been acquired by hotels, the annual income of which is estimated at upwards of thirty million dollars, paid them largely by the travelers who go to see the scenery of Switzerland. A touring club in France alone, almost wholly of bicyclists, numbering nearly one hundred thousand members, has an income of a quarter of a million dollars, and expends within twelve thousand dollars of that sum; and this is only one of many such organizations." It certainly can not be said that a country is poor where so much money is being lavished on pleasure alone.