Speeches on Questions of Public Policy, Volume 1Bright, John
History
Speeches on Questions of Public Policy, Volume 1
Bright, John
Great Britain -- Politics and government -- 1837-1901
But we have a case in point which affords us some guidance upon this
question, and it is a case with which the right hon. Baronet the Member
for Tamworth, and the right hon. Baronet the Member for Ripon, are very
familiar. I allude to the case of Stockport in 1842. Owing to a variety
of circumstances--I will not go into the question of the Corn-law, as
that is settled--but owing to a variety of circumstances, from 1838 to
1842 there was a continued sinking in the condition of Stockport--its
property depreciated to a lamentable extent. One man left property, as
he thought, worth 80,000_l_. or 90,000_l_. Within two years it
sold for little more than 30,000_l_. Since that time the son of one
man, then supposed to be a person of large property, has had relief from
the parochial funds. In 1842 the amount of the poor-rate averaged from
7_s_. to 8_s_. in the pound. From November 4, 1841, to May 30,
1842, the rates levied were 6_s_. in the pound, realising the
amount of 19,144_l_. From January 28, 1843, to August 2 of the same
year, the rates levied were 7_s_. in the pound, and the amount
raised was 21,948_l_. And bear in mind that at that time Stockport
was in process of depopulation--many thousands quitted the place--whole
streets were left with scarcely a tenant in them--some public-houses,
previously doing a large business, were let for little more than their
rates; in fact, Stockport was as fair a representative of distress
amongst a manufacturing community as Mayo, Galway, or any western county
of Ireland can be at this moment of distress amongst an agricultural
community.
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