The rate of eight per cent. has not been charged by the Bank of England
before for upwards of a century and a quarter.
[8] Report of the Glasgow Poor Inspector, 28th November, 1847.
[9] Mr Newdegate's Speech in Parliament, December 2, 1847.
[10]
TO OCTOBER 10
IN EACH YEAR. 1845. 1846. 1847.
Machinery, £644,839 £897,442 £942,533
Iron and steel, 2,854,048 3,374,335 4,096,367
----------- ----------- -----------
£3,498,887 £4,271,777 £5,038,900
[11] AGRICULTURAL PRODUCE IMPORTED FROM JANUARY 5 TO OCTOBER 10.
| 1845. | 1846. | 1847. |
|----------+----------+----------|
|Live animals, | 19,593 | 85,542 | 172,355 |
|Provisions, beef, pork, &c. cwts.,| 109,550 | 206,455 | 403,877 |
|Butter, cwts., | 189,056 | 177,165 | 243,140 |
|Cheese, do., | 183,891 | 216,191 | 243,601 |
|Grain in quarters, |1,336,739 |2,635,218 |7,905,419 |
|Grain in flour and meal, cwts., | 394,908 |2,631,341 |7,900,880 |
The grain imported in nine months measured in quarters
will stand thus:--
In quarters, 7,905,419
In flour and meal, cwts., 2,650,263
----------
In nine months, quarters, 10,555,682
The greatest import in any one year before was in 1841, when it was
4,772,641 quarters.
[12] The sum invested in railways from 1841 to 1845, was £154,716,937;
of which £114,513,035 was subscribed capital, and £46,203,902
authorised to be borrowed. See _Parl. Returns_, Nos. 159, 1844; and
637, 1845. Since that time it has at least risen to £200,000,000, of
which _half_ may be considered productive.
[13] See _Parl. Debates_, xxviii. 66, 67.
[14]
Viz. England, £85,000,000
Scotland, about 5,000,000
Ireland, 16,000,000
-----------
£105,000,000
[15] _Lords' Report on Real Property_, pp. 8, 9. In our last Number we
stated the amount of heritable property at £63,000,000, from a desire
to be within rather than beyond the truth. But the latter figure was
taken from the Poors' Rate return, which, as the Lords' Report justly
states, is always below the truth; and their own report of £85,000,000
is taken from the rating for the property tax, founded on the returns
by the occupants.--See _Lords' Report on Real Property_, p. ix.
[16] RATE OF DISCOUNT OF FIRST-CLASS BILLS AT THE UNDERMENTIONED
PERIODS.
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