William Penn – Combining frugality with liberality

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William PennFrugality is good if Liberality be joined with it. The first leaving off superfluous expenses; the last bestowing them to the benefit of others that need. The first without the last begins covetousness; the last without the first begins prodigality: both together make an excellent temper. Happy the place where ever that is found. Were it universal, we should be cured of two extremes, want and excess: and the one would supply the other, and so bring both nearer to a mean; the just degree of earthly happiness

William Penn   (1644-1718)

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