EDUCATION AND THRIFT 

 EDUCATED LABOR 



22. A business man who has studied the productive 

 power of intelligent labor in New York reports that the 

 man with a common-school education is able to produce one 

 and one-half times as much wealth as the illiterate man, the 

 high-school man two times as much, and the college man 

 four times as much. 



EXERCISE 



1. The farm hand who is scarcely able to read and write is 

 able to earn $16 a month. If he had a common-school educa- 

 tion, how much more should he earn in a period of 30 yr.? 



2. If a laborer who signs his name with a mark is able 

 to accumulate $3000 in 20 yr., with a common-school educa- 

 tion how much more should he have accumulated in the 

 same time ? 



3. If a farmer by reading farm papers and books on 

 farming 30 min. daily for a year can grow 2 bu. more of 

 grain per acre, at the present price of corn, wheat, and oats 

 how much does he profit from his reading in growing 20 A. 

 of corn, 10 A. of oats, and 20 A. of wheat ? Counting 10 hr. 

 a day's work, what does he receive for a day's reading ? If 

 this is 50% of the entire gain from the reading, what is the 

 total for a year ? 



4. The average salary of the man who has completed a 

 college course is about $1000 per year, and the average wages 

 of the man who has completed the common-school studies 



18 



