It is their maxim, that the weight of taxes must be calculated not by what is taken, but by what is left. Solvency is in the ideas and mechanism of an Englishman. The Crystal Palace is not considered honest until it pays; -- no matter how much convenience, beauty, or eclat, it must be self-supporting. They are contented with slower steamers, as long as they know that swifter boats lose money. They proceed logically by the double method of labor and thrift. Every household exhibits an exact economy, and nothing of that uncalculated headlong expenditure which families use in America. If they cannot pay, they do not buy; for they have no presumption of better fortunes next year, as our people have; and they say without shame, I cannot afford it. Gentlemen do not hesitate to ride in the second-class cars, or in the second cabin. An economist, or a man who can proportion his means and his ambition, or bring the year round with expenditure which expresses his character, without embarrassing one day of his future, is already a master of life, and a freeman. Lord Burleigh writes to his son, "that one ought never to devote more than two thirds of his income to the ordinary expenses of life, since the extraordinary will be certain to absorb the other third.
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