Summary

Portrait of Samuel Hopkins Adams Samuel Hopkins Adams The Beggar's Purse: A Fairy Tale of Familiar Finance

A wild, infuriated yell from the motorman of a cable car, which the routed taxi had missed by a scant inch, drew E. Van Tenner’s eyes to the legend on the car, which, he perceived, ran within one block of his hotel. To save time he jumped aboard, and reached his destination as quickly as he would have done in the taxicab. On the way he corrected his entry by deducting five cents for fare; then on reflection added fifteen cents as the probable tip to the chauffeur, this representing the sheer blackmail of the dread of being considered a short sport.
Source: Gutenberg

Portrait of Samuel Hopkins Adams Samuel Hopkins Adams The Beggar's Purse: A Fairy Tale of Familiar Finance

Across the top of the tablet ran the legend “What’s the good?”
“A colloquial expression of the philosophy of indifference,” observed E. Van Tenner with a smile.
“On the contrary,” retorted the beggar, “it is a serious and profound inquiry into first causes. The magic inheres in it. Under-stand, now: You are not to scrimp and scrooge at all. Parsimony by people who can afford to spend does harm, not good. And this magic, being white magic, works only for good. But if you undertake to remove money from that purse for any purely wasteful purpose the magic will be loosed
Source: Gutenberg

Portrait of Samuel Hopkins Adams Samuel Hopkins Adams The Beggar's Purse: A Fairy Tale of Familiar Finance

Business took up the rest of the afternoon; business in which the purse played an honorable and unprotesting part, though its course at one point called for a taxi expenditure of something more than two dollars. That, however, was to save necessary time. E. Van Tenner was relieved to find the magic receptacle so reasonable. He began to feel that he could live on terms of amity and confidence with it indefinitely. But when he came to pay the chauffeur the wallet produced the exact amount with a precision that he could not but feel to be significant.
Source: Gutenberg

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