Owen D. Young Quotes

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We are not to judge thrift solely by the test of saving or spending. If one spends what he should prudently save, that certainly is to be deplored. But if one saves what he should prudently spend, that is not necessarily to be commended. A wise balance between the two is the desired end.

Owen D. Young

Owen D. Young

Owen D. Young

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Born: October 27, 1874

Died: July 11, 1962 (aged 87)

Bio: Owen D. Young was an American industrialist, businessman, lawyer and diplomat at the Second Reparations Conference in 1929, as a member of the German Reparations International Commission.

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