Economy
Saba lace (also known as "Spanish work") is drawn thread work, which 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.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
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“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)