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:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)