Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
In France, about forty years ago, according to Chaptal,
Doudeauville, Balbi and others, about 6,500,000,000 francs
gross national income could be counted on. _Schnitzler_
speaks of 7,000,000,000 francs (Creation de la Richesse en
France, 1842, I, 392), after deduction made of the raw
material of manufacture. According to _Wolowski_,
Statistique de la Fr., 1847, it was more than 12,000,000,000
francs. _M. Chevalier_, Revue des deux Mondes, March 15,
1848, has it 10,000,000,000 at most. In these four
estimates, only material products are taken into account.
_Ch. Dupin_ thinks the income per capita was, in 1730, = 108
francs; in 1780, = 169; in 1830, = 269. _Cazeaux_, Eléments,
163, estimated the net national income, in 1825, at
5,000,000,000 francs; _Cochut_, in 1861, at 16,000,000,000.
(Revue des deux Mondes, XXXVII, 703.)
In Spain, _Borrego_, Nationalreichthum, etc. Spaniens, 1834,
33, estimated the income from agriculture at 2,284,000,000
francs; from industry, etc., 361,000,000; commerce,
124,000,000; from houses, 186,000,000; canals, streets etc.,
8,500,000; personal services, 75,000,000; money in
circulation (probably loaned capital), 85,000,000.
In the United States, in 1840, the national income was
estimated at over $1,063,000,000; from agriculture, over
$654,000,000; from manufactures, nearly $240,000,000;
commerce, almost $80,000,000; mining, over $42,000,000; from
lumber (_Wäldern_), almost $17,000,000; and from the
fisheries, almost $12,000,000. The per capita amount of
income was $62. It was largest in Rhode Island--$110; in
Massachusetts it was $103; in Louisiana, $99; and in Iowa,
smallest, $27; in Michigan, it was $33. Compare _Tucker_,
Progress of the United States, 195 ff. The census of 1860
assumes the national wealth, slaves not included, at
$14,183,000,000, that is $451 per capita, with a per capita
annual income of $112. According to _Czörnig_, the gross
income of Austria, from agriculture, the chase and
fisheries, in 1861, was 2,119,000,000 florins; from mining,
41,000,000; from the industries, 1,200,000,000. In Prussia,
the net national income, not including the revenue from
state property, nor the income of the royal household,
seems, from the returns of the income and _class_ tax, to
have been about 2,458,000,000 thalers, in 1874. _Engel_,
Preuss. Statist. Ztschr., 1875, 133. The majority of the
above estimates are obviously unreliable.]
SECTION CXLVII.
NATIONAL INCOME.--ITS STATISTICAL IMPORTANCE.
[CONTINUED.]
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