Economy
Saba lace (also known as "Spanish work") is actually drawn thread work, and as of 2013 it is still produced on the island. In the late 19th and early 20th centuries Saba lace was a major export. In the 1870s, as a young lady, Mary Gertrude Hassell Johnson, was sent to a Caracas convent in Venezuela for study – where she learned the difficult craft. On her return, lacework spread through the island. The women of Saba began a mail-order business, and would copy addresses of businesses off shipping containers from the United States, and write to the employees. Often they would get orders for the lacework, and it started a considerable cottage industry. By 1928, the women were exporting around $15,000 (USD) worth of lace products each year.
Read more about this topic: History Of Saba
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)