Who said penny saved is a penny earned
He was an innovator in the battle against counterfeiting—placing an intricate picture of a sage leaf on the back of bills. He urged his countrymen to live lives of thrift, writing in "Poor Richard's Almanack," a "penny saved is twopence dear," in other words, that "a penny saved is a penny earned. He was an early advocate of a "national" paper currency and became "arguably the preeminent authority on paper money in America. When Franklin Bank opened its doors in —shortly before the National Currency Act of —counterfeiting of state bank notes was rife.
Ben Franklin, for whom the bank is named, was a pioneer in the war against fake notes. As a printer of New Jersey currency in , he used intricate sage leaf designs to thwart illegal copiers. Every school child in America learns or should learn about Franklin's kite experiment with electricity. In fact, an image of Franklin and his kite appeared on the ten dollar note of national currency from the first charter period. That is recorded as early as the 17th century, in George Herbert's Outlandish Proverbs , circa The notion appears to have been that, by declining to spend a penny and to save one's money instead, you are a penny up rather than a penny down, hence 'twice got'.
Similarly, football teams, who get three points for a win, class games against their nearest rivals in the league table a 'six-pointer'. That's not great arithmetic, but it does make a good proverb. The current format of the phrase began, with the 'gained' usage, soon afterwards; for example, this piece from Thomas Fuller's, The history of the worthies of England , circa So, who said, "A penny saved is a penny earned"? Did anyone? I just wanted to share this plate that I purchased during my Washington DC and Philadelphia trip a few years back.
Thanks for the info. There must be hundreds of quotes that are said and written wrong. For now he can have it.
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