E. Cobham Brewer 18101897. Dictionary of Phrase and Fable. 1898.
Chip or Chips.
A carpenter is known by his chips. A man is known to be a carpenter by the chips in his workshop, so the profession or taste of other men may be known by their manners or mode of speech. There is a broadcloth slang as well as a corduroy slang; a military, naval, school, and university slang.
Such carpenters, such chips. As the workman, so his work will be.
Brother Chip. Properly a brother carpenter, but in its extended meaning applied to anyone of the same vocation as ourselves. (Es nostr fasci Petronius.)
The ships carpenter is, at sea, commonly addressed as chips.
Saratoga chips. Potatoes sliced thin while raw, and fried crisp. Sometimes called chipped potatoes.