The Economist 1859-01-15 - Wikimedia Commons
49
? afletas lil Hisbiitte tiie — = & = = dl iE | | ! a] - 23“ S= sibel | | | | ii islil = oe - = -om bibsiifes anna nantes bias SUPPLE HE EHR T Eronomist, (OMMERCE or tu BRITISH EMPIRE. = THE RESULT OF RECENT COMMERCIAL LEGISLATION, SATURDAY, JANUARY, 15, 1859. No. 803. “GONTENTS. TABLES. ih A I en a. ccscapnesistonerees N 1L-DISTRIBUTION OF EXPORTS i i—-SUMMARY OF IMPORT AND EXPORT TRADE lV.-PRINCIPAL FOREIGN ARTICLES EXPORTED | ¥-PRINCIPAL BRITISH ARTICLES EXPORTED | V.—PRINCIPAL ARTICLES IMPORTED 1ViL—PRINCIPAL ARTICLES DUTY PAID | ¥il4.—BULLION EXPORTED i Vil.AND IX.—TRANSIT TRADE ) X, XL,AND XII.—SHIPPING | X1L—ARTICLES OF EXCISE i xiv.XV., AND XVI.—WHEAT, GRAIN, FLOUR, AND MEAL. 13 | XVIL; XVIIL, AND XIX.—COTTON AND COTTON MANUFAC- | TORES. 15 SNOOK: (SHEEP AND LAMB) «...ccsssesssscoisssesisusscosaieeensisens ‘XEL AND XXII.—SUGAR AND MOLASSES | XXII—FOREIGN SPIRITS REMARKS ON TABLES, | UE ERA Ldcinacastonceqesceamnnencasacionsisescesiinhiaadaiiajiassiiieiibeniaitenedal DINIIEI ENG: .cosesesccsecsecceesnsnnonnpenesnnenbiuiosnseniatelisngsasacgniananiaie ERE BET s 0sestoncoeneeqeosacsanesisseteontitonssantinecoiennsoachincuneiananalale TEE AE TS <s-<coseqensocsheasabipencnsg ohbepninovenaganteaigaaponbecconbuaiiaiia TABLE V. TABLE VI. TABLE VII 26 PR VER e AND) TE, csecncsscsnisencniceisiptolediaaslogicatsamesii FRBRBB SK, Rls, ADE KTM ceiticssconsciceectitssscepantiqdasantmaiiine 28 TREE ARAL. ns cnasessssngshicsupnstapidacciansapteniassautcsbambimnatineicaion . TABLES XIV., XV., AND XVI TABLES XVII, XVIII, AND XIX, FABLE AX 20-cnpepepcntatenibearitistntenmnctaleisl s4epnneseencorssenassanm 29 TARR RE A REG, oo cisccssscsascecccsconssteseconesaessiopoocs 29 TABLE XXIII. INTRODUCTION. )Frereen years have now elapsed since Sir Robert Peel commenced his series of experiments of Commercial and | Financial Reform ;—more than twelve years have passed since. they had ripened into a clear policy and were deve- loped.in broadanddistinct measures. ‘Tillwithin thepastyear } that policy hasbeen steadily adhered tothrough times of peace }and war. Abundant experience has now been acquired to | bing the wisdom of that policy to the test of fact. At a time,therefore, when itisbut too plain that these questions, in their financial aspect, must engage public attention, it seems an appropriate task to inquire into the results of , t Commercial Legislation.” But there are other Teasons of a kind which particularly address themselves to those engagedin the honourable and arduous task of prac- ticallyconducting and directing the great commerce of this country, which suggest the present as a time when a retro tepectofthe past ispeculiarly required. Aremarkable combination of events at the. present mo- |Ment appears to open to the commerce of the world, but | especially to that ofEngland, a new and extensive develop- | Ment;probably unequalled at ary former epoch of our his- j ory. ‘The country has slowly but steadily emerged, during } the past year, from a commercial and financial crisis, which, both as regards its intensity at bome, and the extent of its imfluence abroad, had no parallel in the past. Itwill be Admitted on all hands, that the trade of the country has Passedthrough the. severe ordeal to which it. has been ex- Posed; in a manner which proves that it hadbeen conducted, *a:whole, upon sounder principles than at one time was petieved ; itis at least but reasonable to assume, that such a trial, allthat was unsound and unhealthy has appeared. But these observations are not more applicable trade ofthe United Kingdom, than to some of those ’s which constitute our chief foreign markets; they apply, in a very marked manner, to the United States of America. There the crisis of 1857 first showed itself, and was felt with as much intensity as in England, and, perhaps, more extensively, throughout all branches oftheir trade. So great was the reaction in our trade with that market alone, that forthe first two quarters of1858, our exports fell from 16,613,000/ in the preceding year, to 9,826,000/. But now, all accounts. received from the United States concur in showing that a steady and gradual improvement has taken place in theinternal trade ofthe Union, that great prudence and caution have been exhibited, and that a sound basis for an extended trade is everywhere apparent. All accounts lead to the belief that this branch of our export trade is likely to become greater than at'any former period whatever. Throughout Europe, but more particularly in the Northern countries, a considerable reaction took place in consequence ofthe crisis. But there, again, a steady im- provement has recently taken place, and this important branch ofour export trade seems destined to proceed, during the next year, in that marvellous march of extension which has been witnessed forsome years past, in spite of hostile and restrictive tariffs. But itisin the Easr that the most remarkable development appears to be taking place. Not- withstanding the disturbances in India, our exports (in- dependent of military stores) have increased by nearly Jour millions sterling in the present year, a considerable portion of which isattributable to new markets opened up through the Indus. With regard to China and Japan, it is impossible to form an opinion as to the extent towhich the trade of the world will be increased under the treaties. just concluded byEngland, France, and the United States with those Empires; but that they will form a great and novel element intrade, which will deserve the closest attention of the commercial world, no one can doubt. The new year
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Transcript of The Economist 1859-01-15 - Wikimedia Commons
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SUPPLE HE EHR T
Eronomist, (OMMERCE or tu BRITISH EMPIRE.
=
THE RESULT OF RECENT COMMERCIAL LEGISLATION,
SATURDAY, JANUARY, 15, 1859. No. 803.
“GONTENTS.
TABLES. ih A I en a. ccscapnesistonerees
N 1L-DISTRIBUTION OF EXPORTS i i—-SUMMARY OF IMPORT AND EXPORT TRADE lV.-PRINCIPAL FOREIGN ARTICLES EXPORTED | ¥-PRINCIPAL BRITISH ARTICLES EXPORTED | V.—PRINCIPAL ARTICLES IMPORTED 1 ViL—PRINCIPAL ARTICLES DUTY PAID | ¥il4.—BULLION EXPORTED i Vil. AND IX.—TRANSIT TRADE ) X, XL, AND XII.—SHIPPING | X1L—ARTICLES OF EXCISE
i xiv. XV., AND XVI.—WHEAT, GRAIN, FLOUR, AND MEAL. 13 | XVIL; XVIIL, AND XIX.—COTTON AND COTTON MANUFAC-
| TORES. 15 SNOOK: (SHEEP AND LAMB) «...ccsssesssscoisssesisusscosaieeensisens
‘XEL AND XXII.—SUGAR AND MOLASSES | XXII—FOREIGN SPIRITS
REMARKS ON TABLES, | UE ERA Ld cinacastonceqesceamnnencasacionsisescesiinhiaadaiiajiassiiieiibeniaitenedal
DINIIEI ENG: .cosesesccsecsecceesnsnnonnpenesnnenbiuiosnseniatelisngsasacgniananiaie ERE BET s 0 sestoncoeneeqeosacsanesisseteontitonssantinecoiennsoachincuneiananalale TEE AE TS <s-<coseqensocsheasabipencnsg ohbepninovenaganteaigaaponbecconbuaiiaiia TABLE V. TABLE VI. TABLE VII
26
PR VER e AND) TE, csecncsscsnisencniceisiptolediaaslogicatsamesii FRBRBB SK, Rls, ADE KTM ceiticssconsciceectitssscepantiqdasantmaiiine 28 TREE ARAL. ns cnasessssngshicsupnstapidacciansapteniassautcsbambimnatineicaion . TABLES XIV., XV., AND XVI TABLES XVII, XVIII, AND XIX, FABLE AX 20-cnpepepcntatenibearitistntenmnctaleisl s4epnneseencorssenassanm 29 TARR RE A REG, oo cisccssscsascecccsconssteseconesaessiopoocs 29 TABLE XXIII.
INTRODUCTION.
) Frereen years have now elapsed since Sir Robert Peel commenced his series of experiments of Commercial and | Financial Reform ;—more than twelve years have passed since. they had ripened into a clear policy and were deve- loped.in broad and distinct measures. ‘Till within the past year } that policy has been steadily adhered to through times of peace }and war. Abundant experience has now been acquired to | bing the wisdom of that policy to the test of fact. At a time, therefore, when it is but too plain that these questions, in their financial aspect, must engage public attention, it seems an appropriate task to inquire into the results of , t Commercial Legislation.” But there are other Teasons of a kind which particularly address themselves to those engaged in the honourable and arduous task of prac- tically conducting and directing the great commerce of this country, which suggest the present as a time when a retro tepect of the past is peculiarly required. Aremarkable combination of events at the. present mo-
| Ment appears to open to the commerce of the world, but | especially to that of England, a new and extensive develop- | Ment; probably unequalled at ary former epoch of our his- j ory. ‘The country has slowly but steadily emerged, during } the past year, from a commercial and financial crisis, which, both as regards its intensity at bome, and the extent of its imfluence abroad, had no parallel in the past. It will be Admitted on all hands, that the trade of the country has Passed through the. severe ordeal to which it. has been ex- Posed; in a manner which proves that it had been conducted, *a:whole, upon sounder principles than at one time was petieved ; itis at least but reasonable to assume, that such a trial, all that was unsound and unhealthy has
appeared. But these observations are not more applicable trade of the United Kingdom, than to some of those
’s which constitute our chief foreign markets; they
apply, in a very marked manner, to the United States of America. There the crisis of 1857 first showed itself, and was felt with as much intensity as in England, and, perhaps, more extensively, throughout all branches of their trade. So great was the reaction in our trade with that market alone, that for the first two quarters of 1858, our exports fell from 16,613,000/ in the preceding year, to 9,826,000/. But now, all accounts. received from the United States concur in showing that a steady and gradual improvement has taken place in the internal trade of the Union, that great prudence and caution have been exhibited, and that a sound basis for an extended trade is everywhere apparent. All accounts lead to the belief that this branch of our export trade is likely to become greater than at'any former period whatever. Throughout Europe, but more particularly in the Northern countries, a considerable reaction took place in consequence of the crisis. But there, again, a steady im- provement has recently taken place, and this important branch of our export trade seems destined to proceed, during the next year, in that marvellous march of extension which has been witnessed for some years past, in spite of hostile and restrictive tariffs. But it is in the Easr that the most remarkable development appears to be taking place. Not- withstanding the disturbances in India, our exports (in- dependent of military stores) have increased by nearly Jour millions sterling in the present year, a considerable portion of which is attributable to new markets opened up through the Indus. With regard to China and Japan, it is impossible to form an opinion as to the extent to which the trade of the world will be increased under the treaties. just concluded by England, France, and the United States with those Empires; but that they will form a great and novel element in trade, which will deserve the closest attention of the commercial world, no one can doubt. The new year
(Jan. 15, 1859,
upon each new event as it arises in the future, and cannot}
fail to aid their judgment in many ways of which they may not be conscious at the time.
On these grounds, we present to the readers of thf Economist, in the form of a Dovste Noumper, such detajla} statistical information, derived from official sources, of the
j
re eee eee fe eta. anes upon which we-are now entering may, therefore, justly be
regarded as one of those great starting-points of British com-
merce, so familiar to those who have carefullye watched and
studied its history. If this view be correct, then the present is a time when all
who are practically interested in British trade must watch ; \
with intense interest the events which are likely to influence | recent history of the trade of the United Kingdom, wi
it, and especially those which are likely to determine the | appropriate observations thereon, as, while it will be found
channels in which it will flow. To judge soundly of the | to bea valuable aid to the study and elucidation of the
future, we know of no means so efficient as to study well the | will serve also, for a long time to come, as a source of refep.f
past. A familiarity with the progress of trade during the | ence in relation not only to the general trade of the coun , last few years must, more than anything else, assist those | but also to that of each cf the chief markets of the world,
who are practically engaged in it to form’ a sound opinion ! and of the chief articles which constitute it.
I.—An Account showing the Amount of the Imports into and the Exports from the United Kingdom from 1801 to 1858 inclusive.
Real Value. Official Value.
Imports.
£ 31,786,262 29,826,210
26,622,696
27,819,532
28,561,270
26,899,658 26,734,425
26,795,540 31,750,557 39,301,612 26,510,186 26,163,431 |
| Records destroyed by fire. | 33,755,264 32,987,396
27,431,604 30,834,299
36,885,182 30,776,810 32,471,766 36,837,712 30,531,141 35,798,433 37,468,279 44,208,803 37,813,890 | 44,908,173 45,167,443 43,995,286 | 46,300,473 49,727,828 44,610,546 | 45,944,426 | 49,364,733 | 49,029,334 57,296,045 | 54,762,285 61,258,013 62,048,121 67,492,710 64,444,268 | 65,253,286 | 70,214,912 75,449,374 | 85,297,508 75,934,022 | 90,921,866 93,547,134 | 105,884,263 | 100,469,067 | 110,484,997
| 109,331,158 | 123,099,313 | 124,338,478
weseees | 117,402,366 | 131,937,763 136,215,849
|
|
Produce and | Manufactures
+ of the United
Kingdom.
£ 24,927,684 | 25,632,549 | 20,467,531 | 22,687,309 23,376,941 25,861,879 23,391,214 | 24,611,215 | 33,542,274 34,061,901 22,681,400 29,508,508
34,207.253 42.880.817 |
35,714,681 40,111,157 | 42,702,068 | 33,534,176 | 38,393,768
40,832,499 | 44,242,532 |
43,826,607 | 48,730,467 | 47,150,690 | 40,965,736 52,221,934 | 52,788,089 | 56,217,962 61,152,354 | 60,686,364 65,025,278 69,987,357 | 73,835,231 | 78,360,059 | 85,220,144 72,544,071 92,453,967 97,394,666 | 102,706,850 102,179,514 100,255,380 117,876,659 | 131,558,477 134,598,584 | 132,312,894 126,131,029 132,619,154 164,527,753 175,437,098 190,658,314 | 196,176,601 | 214,327,452 | 214,071,848 226,920,262 | 258,505,653
| 255,396,718 |
Exports. *
Foreign and Colonial
Merchandise. |
Total Exports.
£ 10,437,710 |
12,776,180 | 8,073,874 | 8,988,654 | 7,687,551 7,782,265 |
7,673,726 | 5,837,821 |
12,834,955 | 9,506,856 6,222,769 |
> pore | 9,717,775
19,365,981 | 15,748,554 | 13;480,780 | 10,292,684 | 10,859,817 9,904,813 |
10,556,112 10,629,695 | 9,227,567 | 8,603,905
10,204,785 | 9,169,492 10,076,287 9,830,821 | 9,946,546 | 10,620,165 8,548,394 |
10,745,126 | 11,044,870 | 9,833,753 11,562,037 12,797,724 12,391,712 | 13,235,497 | 12,711,512 12,795,990 | 13,774,165 | 14,723,373 | 13,586,422 | 13,956,288 14,398,177 16,279,318 16,302,519 20,040,979 18,376,886 | 25,559,670 21,874,212 23,729,616 | 23,328,308 | 27,744,772 | 29,820,656 31,504,132 | 33,423,724 | 30,797,818
£ 35,365,394
38,408,729 28,541,405
31,675,963
31,064,492
33,644,144
31,064,940
30,449,936
46,377,229
43,568,757 28,904,169
39,226,283
53,573,234
58,629,371 49,195,461
50,403,841
53,561,885
43,438,989 48,949,880 51,462,194
53,470,099 52,430,512
58,935,252
56,320,182 51,042,023
62,052,755 62,734,635 66,838,127 69,700,748
71,431,490 76,070,148 79,821,110 85,397,268 91,157,783 97,611,856 85,779,568
| 105,165,479 110,190,656 116,481,015
116,902,887 113,841,802 131,832,947 145,956,654 150,877,892 148,615,413 146,172,008 150,996,040 190,087,423 197,311,310 214,387,930 219,504,909 242,072,224 243,892,504 258,424,394 291,929,377 286,194,531
|
152,591,518 143,660,335 172,544,154 187,646,335
eee
Exports.
Produce and | Manufactures | of the United
Kingdom.
£
Records not)
complete for
these years.
38,077,144 40,874,983 37,245,877 37,275,102 47,371,393 48,438,680 32,890,712 41,716,964
45,494,219 51,610,480 41,653,930 41,817,540 46,470,863 35,211,401 36,423,959 36,655,302 36,966,023 35,357,041 38,422,404 38,870,945 31,536,723 37,181,335 36,812,757 35,842,623 38,271,597 37,164,372 36,450,594 39,667,348 41,649,191 47,372,270 53,293,979 42,069,245 50,061,737 58,233,580 51,406,430 51,634,623 47,381,023 52,279,709 58,584,292 60,111,082 57,786,876 58,842,377 52,849,445 63,596,025 71,367,885 74,448,722 78,076,854 98,933,781 97,184,726 95,688,085 115,826,948 122,066,107 116,531,998*
Foreign and Colonial
Merchandise.
£
18,648,978 21,012,956 23,393,405 23,353,765
115,833,704 116,701,041 139,220,358 145,419,8%
*This amount, as the exports for 1858, is derived from the actual returns for eleven months, and adding thereto a sum equal to the exports for Novel
TT —Deeorarep Varur of British and Irish Produce Exported from the United Kingdom to various Foréign Countries and British Possessions.
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1859, Tie. 15, 1859.] E ECONOMIST. > jh 2 *,* .
~ * X.—RecisteRED Tonnacs of the British Empire. ais —— - —
> < NEW VESSELS BUILT AND REGISTERED.
i — . ae D | @ | > | ~ lynited Kingdom &| _ British Total in Ps a sn ; _ Total in . + | & Channel Islands. Plantation. British Empire. su P| United Kingdom. |¢ a Islands./British Plantation.| British Empire.
Q 2 s | |
a \¥ | 235 | 7" ee Hid & | 218 | | | so | | | | . 3 — Tons. | Vessels. Tons. |Vessels.| Tons. nm Veusels.| Tons. |Vessels.| Tons. | Vessels. | Tons. | Vessels. Tons.
Nn | | | | | | |
5 8 } _— } mn rahe nen
N | os | | | | | | |
> Te 1901 939 | 111,589) 126 | 11,004) 1,065) 122,593 || 1831 | 730) 75,532) 20 1,879} 367 | 32,719) 1,117) 110,130 3 3 joa | 930 | 102,465) 351 | 35,043) 1,281) 137,508 || 1832) 742) 83,852) 18 1,855} 376 | 34,290) 1,136) 119,997 5 |< 1908 [1,138 | 118,045) 264 17,304) 1,402) 135,349 1833 733; 90,180) 26 2,735, 386 | 48,397) 1,145; 136,312 2 3. 1304 750 81,503; 241 14,476 991| 95,979 1834 | 711) 89,212) 17 | 2,959) 431 52,476) 1,159| 144,647 LS 1905 | 743 | 72,746) 258 16,838! 1,001| 89,584 1835 780| 100,367; 26 2,343) 425 | 455,817) 1,231) 158,427
a ix 1906 | 640 | 60,293; 132 | 8,905) e 2} 69,198 | 1836 860} 116,635} 56 | 5,087) 455 | 63,230) 1,871| 184,952 ; = 1807 653 59,789' 117 8,211] 770} 68,000 1837 | 679) 86,509) 30 3,127) 441 | 66,604 1,150) 156,240 >| hb 1908 479 | 47,892 89 | 9,248) 568) 57,140 1838 | 936} 131,171) 69 4,751; 510 71,806; 1,515) 207,228 ; e 1909 | 596} 61,396 1839 | 1,089} 157,255, 58 4,204; 606 79.947| 1,753| 241,406 1 | 185 4,891 1840 | 1,217) 181,301; 61 5,602) 703 109,025) 1,981) 295,928
2 1a 1810 Records destroyed | C86; — > HS etal 7 ~ meel f 9 3e3. 16 1811 Wheat the.Custecs it . |; 870) 115,638 1841 | 1,870) 211,289) 78 8,775) 771 143,288} 2,219) 363,352 flo 2; | | 810} 96,150 | 1842 | 1,111) 159,578} 81 | 8,731) 668 | 132,857, 1,860] 301,166 ~ 1 <I 1818 ( osard : tes 1843 | 914) 129,929) 57 3,346) 558 75,662; 1,529) 208,937 > | 63] 1814 oo | tee ote eee okapll. 2 ew 1844 | 698} 83,097; 38 | 2,276) 494 | 55,904) 1,230) 141,277 71S 1815 733 | 86,880) 131 ha, 069) 864; 97,949 1845 | 689) 94,995) 42 1,881} 525 | 69,857) 1,256) 166,733 51% 116 | 949 | 104,479) 234 | 24,061) 1,183) 128,540 1846 853} 123,230) 37 1,689) 638 90,696) 1,528; 215,615 S15 1817 | 866 | 85,118) 408 | 32,282 1,274) 117,400 || 1847 | 809] 125,850} 32 | 2,148} 745 | 113,558) 1,586) 241,056 B & 1818 766 82,108) 316 | | 22, $21; 1,082) 104,429 1848 | 933) 145,834, 48 4,090) 756 | 155,813) 1,787) 305,287
“19 119 | 761 | 87,065; 298 | 17,302 1,059| 104,367 1849 | 847) 122,552), 31 3,388) 655 | 101,988) 1,533) 2: 27,928 rls 190 | 797 | 90,472) 828 | 21,701) 1,125) 112,173 1850 | 730) 117,953, 41 3,313, 691 | 123,864) 1,462) 245,130 ~ 19 1821 635 68,142) 248 | 16,440 883) 84,582 1851 689| 133,695, 36 3,835; 714 | 124,953) 1,439) 262,483 it 1822 | 597 59,482) 275 | 15,365, 872| 74,847 1852 672| 149,637, 30 2,926, 680 | 141,116) 1,382| 293,679 . os 193 | 571 | 51,533) 209 |15,611/ 780) 67,144 1853 | 712) 167,491; 30 2,933; 677 | 138, 880) 1,419) 309,304
" 1824 | 604 63,788} 243 | 22,240 847| 86,028 1854 798} 203,171) 32 4,067; 723 | 152 550| i 053) 359,788 => 1825 837 | 93,219| 342 | 50,522) 1,179) 143,741 1855 802) '196,942) 28 | 4,761) 752 188,272} 1,582) 389,975
1826 (1,003 | 124 .029) 536 | 80,895) 1,539) 204,924 1856 | 1,098) 323,200) 28 3,894, 744 | 164,968) 1,870! 492,062 1827 (1,139 | 119,086) 580 | 88,002) 1,719) 207,088 1857 | 1,278) 250,472, 46 | 5,065 721 167,940! 2,045) 423,477 1828 911 | 95,038} 529 | 68,908, 1,440) 163,946
i 1828 | 857 90,069} 464 | 50,844, 1,321) 140,913 | eae wee | 734 77,635, 416 | 39,237, 1,150) 116,872 | | | | e
| 4 Note.—The eee Laws were wenpyen on Jemmiay 1, 1850.——The ne Registry Act came into ee May 1, 1855. f , Sea = = —~ = : —— — Sees — a — = — ——————————————————— a
\ | : XI.—RecisterED Tonnace of the British Empire.
‘ — - — -
| | AGGREGATE NUMBER OF REGISTERED VESSELS EXISTING ON THE REGISTRY.
‘ :| | | P| United Kingdom| _ British Total bs | | _ British ‘Total in,
; i : nelislands.| Plantation. | in British Empire. 3 5 | | United Kingiom, (Channel Islands. Plantation. British Empire. : og | | oR ee {
| tr | | "tes Tons. |Vessels.| Tons. |Vessels.| Tons. Men. me | Vessels.| Tons. |Vessels._| Tous. vee Tons. ‘Venue! Tons. | Men,
oo — : | | | | |
1786325] 3,285|251928) 19,711 2038253 149766 | 1831| 18,9422190457| 508 | 33,899) 4,792)357608 24,242/2581964 158422 17,207|1901162} 3,361|226893) 20,568 2128055 154530 | 1832| 19,143/2225980, 521 | 35,880) 4,771/356208 24,435 2618068 161634 18,068/1986076| 2/825|181787 20,893)2167863/153828 | 1833, 19,15812233855| 531 |37,446, 4,696)363276 24,385 2634577/164000
1804! 18,870|2077061| 2,904/191509| 21,774 2268570 153774 1834, 19,447.2274702| 528 | 37,663| 5,080|403745 25,055 2716100168061 1805) 19,027/2092489 3,024|190953) 22,051 2283442 157712 | 1835 19,737 2320667, 563 | 39,636, 5,211/423458) 25,511'2783761 171020 1806) 19,315|2079914| 2,867\183800, 22,182 2263714 156031 1836] 19,823 2312846 565 | 36,903) 5,432)442897 25,820/2792646 170637 1807] 19,380|2097327 2,910|184294 22,290/2281621 157875 | 1837| 19,936'2296227| 600 | 37,294) 5,501|457497| 26,037,2791018|173506 1808] 19,580|2130396| 3,066/194423, 22,646 2324819\157105 | 1838) 20,3002383484| 612 | 37,275, 5,697|469842) 26,609 2890601 178583
i] 1809} 19,882/2167221) 3,188/201247, 23,0702368468 160598 | 1839) 21,0372531005, 633 | 39,630, 6,075,497798, 27,745)3068433 191283 1810, 20,253)2210661| 3,450|215383) 23,703 2426044 164195 | 1840) 21,9832724107| 671 | 44,155 6,308 543276 28,962/3311538 201340
if 1811} 20,478|2247332| 3,628|227442) 24,106 2474774 162547 | 1841) 22,747/2886626 714 | 48,773) 6,591/577081) 30,052'3512480 210198 ; 1819] 20,637|2262731| 3,4701216068) 24.107/2478799|165030 | 1842) 23,207/2990849} 747 | 50,571) 6,861|578430, 30,815 3619850 214609 x
1813 20,951/2348893) 2,689]165591| 23,640 2514484 165537 | 1843 23,152|2957437| 746 | 50,144) 7,085|580806| 30,983,3588387 213977 1814) 21,550|2414170| 2,868/202795) 24,4] 8:2616965172786 | 1844 23.2532994166| 763 1815) 21,869|2477831| 2,991|203445| 24,860 2681276177309 1845 23,621/3073537| 767 | 49,643. 7,429}590881 31,817,3714061 224900 1816) 22,089/2504297| 3,775|279643) 25,864 2783940 178820 | 1846 24,002'3148: 323) 769 | 51,462) 7,728,617327 32,4993817112/229276 1817| 21,775)2421354| 3571263632) 25,346 2684986 171013 | 1847 24,409'3254353| 791 | 53,568) 7,788/644603 32,988 3952524/232890 1818] 22,024/2452608| 3,483'221860| 25,507 2674468 173609 | 1848] 24.8323344764| 806 | 56,045, 8,034651351 33,672 4052160236069
| 50.226 7,804\592839 31,3203637231/216350
1819} 21,997/2451597 3,485/214799) 25,482 2666396 174318 | 1849] 25,071'3427140) 831 | 58,818) 8,188)658157, 34,090.4144115,237971
‘
1820 21.969 2431029} 3,405/209564) 25,374:2648593 174514 | 1850! 25,138. 3504944; 846 | 60,189! 8,304,607829 34,288 4232962/239283 1821) 21,652/2355853| 3,384 204350) 25,036 2560203 169179 | 1851) 25,1943601729' 849 | 60,615) 8,201}669741 34,244,4332085 240928 1822| 21,238)2315403| 3,404,203641| 24,642 2519044 166333 | 1852, 25,228,3698004, 858 | 61.274 8.316665114! $4,402.4424392 243512 1823) 21,042/2302867| 3,500,203893| 24,542 2506760 165474 | 1853 25,7483969158| 860 | 61,046 8,701,734218 35,309+76+422'253896 1824) 21 ,280/2348314 3,496 211273) 24,776 2559587 168637 | 1854) 25,986'4184685| 873 | 64,065, 9,101/794520 35,960,5043270)266491 1825| 20,701|2328807| 3,579 224875| 24,280 2553682 166183 | 1855) 25,115.4286908| 833 | 62.426 9.744:901219 35.692.5250533, 261194 1826 90, ,968|2411461|} 3,657/224183) 24,625 2635644 167636 | 1856) 25,835.4304460! 842 | 62,496 9,835.945480 36,012'5312436:267572 1827| 19,524/2181138| 3,675 279362) 23,199 2460500 151415 | 1857] 26,219 4491377| 878 | 67,363) 9,991973147 37,088 5531887 287353 1828) 19 646)2193300, 4,449 324891) 24,095 2518191 155576 | oe
| 1|1829, 19,1102199959| 4°343317041/ 23,453 2517000154808 1890| 19,174 2201592 4,547 /330227| 23,721 2531819 154812
rr rr
12 SUPPLEMENT TO (Jan. 15, 1859, Se —$
XII.—An Account of the Tonnage, distinguishing British from Foreign, and giving the total of each (both entered and cleared Outwards), for the years 1814 to 1857 inclusive, and the Aggregate Tonnage for the same periods,
. ae pm ae ee Tk and Retained for Home Consumption.
$$
Entered Inwards. | Cleared Outwards, Total.
Years. Se eT ae ee
British. Foreign. Total. | British. Foreign. Total. British. Foreign, Total, }
—— ummnneati Seen: ee
| "e Tons. Tons. Tons, Tons. | Tons. Tons. Tons. Tons. Tons,
1814......| 1,846,670 | 566,516 | 2,413,186 | 1,875,855 | 571,413 | 2,447,268 | 3,722,525 | 1,137,929 486085) 1815...... 1,993,150 656,271 2,649,421 | 2,105,676 671,690 | 2,777,366 4,098,826 1,327,961 5,426.79) 1816...... 1,966,890 317,577 2,284,467 1,987,794 329,942 2,317,736 3,954,684 647,519 4,602,293
a 2,240,675 401,792 2,642,467 | 2,249,206 396,164 2,645,370 4,489,881 797,956 5,287,897 1818...... 2,457,779 704,511 | 3,162,290 | 2,401,067 671,342 | 3,072,409 4,858,546 | 1,375,853 | 6,234.6 1819...... 2,413,019 478,220 | 2,891,239 2,263,650 491,405 2,755,055 4,676,669 969,625 5, 1820...... 2,270,400 408,401 2,678,801 2,207,663 390,991 2,598,654 4,478,063 799,392 5,277,455 1032....... 2,263,813 366,397 2,630,210 2,223,869 351,283 | 2,575,152 4,487,682 717,680 5,205,969 1822...... 1,663,627 469,151 2,132,778 | 1,539,260 457,542 | 1,996,802 3,202,887 926,693 4,129,599 2083 ...... 1,740,859 582,996 | 2,323,855 | 1,546,976 563,571 | 2,110,547 3,287,835 | 1,146,567 4,434,409 1824...... 1,797,089 759,672 2,566,761 | 1,657,270 746,729 2,403,999 3,454,359 1,506,401 4,970,760) . 2,143,317 959,312 3,102,629 | 1,793,842 906,066 2,699,908 3,937,159 1,865,378 5,802,537 1826...... 1,950,630 694,116 2,644,746 1,737,425 692,440 2,429,865 3,688,055 1,386,556 5,074,611 1827...... 2,086,898 751,864 2,838,762 1,887,682 767,821 2,655,503 3,974,580 1,519,685 5,494,265 1828...... 2,094,357 634,620 2,728,977 2,006,397 608,118 2,614,515 4,100,754 1,242,738 5,348,499 1829...... 2,184,535 710,303 2,894,838 2,063 179 730,250 2,793,429 4,247,714 1,440,553 5,688,267 1830...... 2,180,042 758,828 2,938,870 2,102,147 758,368 2,860,515 4,282,189 1,517,196 5,799,985 1831...... 2,367,322 874,605 | 3,241,997 2,300,731 896,051 | 3,196,782 4,668,053 | 1,770,656 | 6,438,799 1832...... 2,185,980 639,979 2,825,959 | 2,229,269 651,223 2,880,492 4,415,249 1,291,202 5,706,451 1833...... 2,183,814 762,085 2,945,899 2,244,274 758,601 3,002,875 4,428,088 1,520,686 5,948,774
1834...... 2,298,263 833,905 3,132,168 2,296,325 852,827 3,149,152 4,594,588 1,686,732 6,281,390 1835...... 2,442,734 866,990 | 3,309,724 | 2,419,941 905,270 | 3,325,211 4,862,675 | 1,772,260 6,634,995 1836...... 2,505,473 988,899 3,494,372 | 2,531,577 1,035,120 3,566,697 5,037,050 2,024,019 7,061,069
1837...... 2,617,166 1,005,940 3,623,106 | 2,547,227 1,036,738 3,583,965 5,164,393 2,042,678 7,207,071 1838...... 2,785,387 1,211,666 3,997,053 2,876,236 1,222,803 4,099,039 5,661,623 2,434,469 8,096,092 1839...... 3,101,650 1,331,365 4,433,015 3,096,611 1,398,096 4,494,707 6,198,261 2,729,461 8,927,729 1840...... 3,197,501 1,460,294 4,657,795 | 3,292,984 1,488,888 4,781,872 6,490,485 2,949,182 9,439,667 | e061 ...... 3,361,211 1,291,165 4,652,376 | 3,429,279 1,336,892 4,766,171 6,790,490 2,628,057 9,418,547 | 1842...... 3,294,725 1,205,303 | 4,500,028 3,375,270 1,252,176 | 4,627,446 6,669,995 | 2,457,479 9,127,474 | 1843...... 3,545,346 | 1,301,950 | 4,847,296 | 3,635,833 | 1,341,433 | 4,977,266 7,181,179 | 2,643,383 | 9,824,560 | 1844...... 3,647,463 1,402,138 5,049,601 | 3,852,822 1,444,346 | 5,297,168 7,500,285 2,846,484 10,346,769 | 1845...... 4,310,639 1,735,079 6,045,718 4,235,451 1,796,136 6,031,587 8,546,090 3,531,215 12,077,305 | 1846...... 4,294,733 1,806,282 6,101,015 4,393,415 1,921,156 6,314,571 8,688,148 3,727,438 12,415,586 1847...... 4,942,094 2,253,939 7,196,033 4,770,370 2,312,793 7,083,163 9,712,464 4,566,732 14,279,196 1848...... 4,565,533 | 1,960,412 | 6,525,945 | 4,724,027 | 2,056,654 | 6,780,681 9,289,560 | 4,017,066 | 13,306,696 1849 ..... 4,884,210 2,035,690 6,919,900 4,785,428 2,299,060 7,084,488 9,669,638 4,334,750 14,004,388 1850...... 4,700,199 2,400,277 7,100,476 4,742,345 2,662,243 7,404,588 9,442,544 5,062,520 14,505,064 1851...... 4,938,386 2,933,708 7,872,094 | 4,882,490 3,225,614 8,108,104 9,820,876 6,159,322 15,980,198
{ 1862...... 4,934,863 2,952,584 7,887,447 | 5,051,106 3,191,596 8,242,702 9,985,969 6,144,180 16,130,149 1853...... 5,055,343 3,887,763 8,943,106 | 5,212,980 4,234,124 9,447,104 10,268,323 8,121,887 18,890,210 | 1854...... 5,374,551 3,786,815 9,161,366 5,370,298 4,137,423 9,507,721 10,744,849 7,924,238 18,669,087 |
1855...... 5,270,792 3,680,447 8,951,239 | 5,648,940 3,889,291 9,538,231 10,919,732 7,569,738 18,489,470 | 1856...... 6,390,715 4,162,419 | 10,553,134 | 6,555,056 4,480,859 | 11,035,915 12,945,771 8,643,278 21,589,049 1867...... 6,853,705 | 4,621,494 | 11,475,199 | 6,840,402 | 4,863,191 | 11,703,593 13,694,107 | 9,484,685 | 23,178,798
XUs.—Rervrns showing the Total Number of British Registered Vessels employed in trading in, from, and to Grea} . Britain and Ireland, in the years 1853, 1854, 1855, 1856, and 1857, with their Tonnage and Number of Men.
Sailing Vessels. Steam Vessels*
Number of Men.
1853 ...... © sesccesees 17,567 3,511,827 | 155,006 689 218,260 17,519 eS 16,869 3,516,456 146,522 538 212,637 15,894
NEN) saapeanvnckcsnecsa 17,074 3,701,214 147,288 754 288,956 21,249 SE ubiasnwsenitinns oa 18,419 3,825,022 151,080 851 331,055 22,838
Se abiidhinssiebbsdnaags 18,429 3,830,119 151,434 899 381,363 24,953
Tora. Sailing Vessels and Steamers together.
\
Years. Number of Vessels, Tonnage. Number of Men employed, exclusive of Masters,
I asian trieerenerrnarena neers
1853 See PeRe ee eee Ps . 80 — GG O teeere 18,206 3,730,087 172,525 }
1864 ....... peadnoel piactdintndnasananeenbas 17,407 3,729,093 162,416 i betnnisecsoegoance moecese Peecccreceecoese 17,828 3,990,170 168,537
Siallincitnedrenseaietne sitialidinani 19,270 4,156,077 173,918 ceseevecsoveces 19,328 4,211,482 176,387
* River steamers are not included in this Return.
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16 SUPPLEMENT TO (Jan. 15, 1859,
XVIIL.—Awn Account of the Declared and Official Value of the Exports of Cotton Manufactures and Cotton Youu! j
in each Year from 1814 to 1858, together with the Average Price of Cotton at Liverpool in each Year, nieces
| Prices of Raw Cotton per Pound, in the Liverpool Market.| Oficial Value of Total Value of Yarns and Goods Exported % |Manufactured Goods) Re “4 ‘
Years. United States (other than Yarn and/ Za 27
(Uplands.) | Brazil (Pernams.) East India(Surat.)| © T¥is#- =| Declared. = |= Official. | | 3 3: rr SS es -
' Average. Average. Average. §D , d | d d £ £ £ ao
ienbeesbsneteesabeces cnn 30 314 214 16,535,528 20,070,824 17,655,378
Eli Eiptaiteeveeesevccevstecese 213 31 174 21,480,972 20,712,227 | —- 22,289,645 | pnreveccccesscoecs 18} 26 15¢ 16,183,975 15,684,161 17,564,471 ; eae meets 204 25 17 20,133,966 16,061,230 21,259,224
i epceskeees eecvecsdceses wee 20 25 15% 21,292,354 18,795,623 22,589,130 ei adintesatsliei ales 133 183 98 16,696,539 14,709,258 18,282,292
Sscuiinesecssidessacheshes ll} 154 84 20,509,936 16,533,754 22,531,079 rh Ti sstiessiosiees Uiiedocnsa 94 128 92 21,642,936 16,122,537 23,541,615 $| ii a sii senaneetctnce 8 114 62 24,559,272 17,279,256 26,911,043 | i Sea risekisenssen ieee si 12 63 24,119,359 16,324,715 26,541,710 &
Ribs icntmesenenee 84 11g 68 27,171,556 18,450,557 30,155,901 | B Meal seGictiebaceecss | 11g 154 62 26,597,675 18,359,999 29,495,281 5 1826........ ipihdeenensi sere] 63 104 54 21,445,743 14,098,752 25,194,270 >| Si nitinsDaadactbepsasneane 64 9% 54 29,203,138 17,640,601 33,182,898 $| SN vtihsvhin’ wckdcBbakectes 63 83 48 28,981,575 17,244,417 38,467,417 3| SE nithhiunigitvessucabeens 53 7+ 4 31,810,474 17,535,006 37,269,432 g) i isistchihdiinesenessccestes 62 8} 5 35,395,400 19,428,664 41,050,969 S ae 6 7 42 33,682,475 17,257,204 39,357,075 a isiccenee ssnbbbupsebecscese 63 9 5 37,060,750 17,398,392 43,786,255
1833...... Seber ovessoocscccvcee } 8} 103 64 40,058,153 18,486,401 46,337,210 RN al 88 117 68 44,266,903 20,513,586 51,069,141
Epinedboteesnsbs eescanseve 103 144 74 44,949,038 22,128,304 52,248,889 Se ciiiciiatiintincieesieirese 93 124 63 50,646,912 22,632,058 58,491,731
ST 7 93 44 41,900,110 20,596,123 51,111,842 eek: i innsial 7 93 5 54,590,603 24,147,726 64,792,617 al |
| Se its 74 10 53 58,471,805 24,550,375 67,872,709 3 TD aati ion 6 93 46 62,592,239 24,668,618 73,124,780 ia] é| Se citcheekurinainsests 3 61 88 46 58,816,522 23,499,478 69,777,021 bl &| BIE. .nccccbcamanccovescene sce | 5% 73 4 56,428,629 21,679,348 68,667,609 4 BEB a o cccccep cca cceccocce ccoces 42 63 3% 69,683,309 23,447,971 82,165,292 a
ea il 42 63 38 78,696,824 25,805,348 91,020,772 _——— TBAB. .nccccsccccccccccsccccces 43 64 3 81,623,214 26,119,331 93,658,109 5 1846......... Seosecessococeccce 4} 74 | 33 78,946,813 25,599,826 93,365,984 | WBRZ .ccccocscccvcccccccsccee ° 62 73 43 71,487,306 23,333,221 82,193,924 4 SET ES 44 6 34 81,043,599 22,681,200 93,127,264 3} Be cwcccesces coccee. oo woceee 54 54 3t 99,066,689 26,775,135 112,370,287 3 st
ice seceiee alters .| 74 7z 54 | 102,030,911 28,257,401 113,718,401 “| 3 PE messccoce evacccescoocasoees 53 | 74 | + 113,541,377 30,088,836 126,341,504 f Z| EE ciponsansi cake ieuieseheka 53 7 33 112,093,316 29,878,087 | 125,030,825 | I iiminesnchs deh ideaboisonce 5s 7 34 118,533,609 32,792,902 131,657,762 3 5 |
1854...... eccccccsnes coccccese | 53 7 | 34 123,053,554 31,745,858 136,137,725 | 3|
1855... ..cccccccccccccvesersees 53 7 34 138,967,175 34,779,141 153,684,651 ‘| =|
a id anenaisete 6 74 | $ 147,748,490 38,232,741 163,887,196 i Sliatiiihiphirstsssemennnne 74 83 5% os | 39,113,409 an 4! 8 1858......- pebeneeosekenmnccens =e soe os son 42,797,000° 3
* This sum is arrived at by adding to the actual exports for eleven months, a sum equal to the amount for the month of November. 3
aumemeienenes - :' i : & | —
XVITLa—Averace Weekly Consumption of Cotton in Europe.
i i | |
Countries. | 1850 | 1851 1852 | 1853 | 1854 | 1855 | 1856 | 1857 | 1858
FEANce... ........ce0ecececcssessecees sssceseceesecseeee| 7,077 | 7,173 | 10,575 | 9,018 | 8,500] 9,211 | 10,115 | 8,596 Belgium ...... LN TT ee a ee a a ee ie | eo eal | 1,038 | 1,088] 1,365] 1,173] 1,653] 1,711 | 1,908] 1,888 | 3 | Germany............. a a | 1,653) 2115 | 2,442 | 2,769 | 3,981 | 4,057 | 4,760) 4,142 ; é Sir incndes cccpubighesushpahestontbehensessbesnsy |} 2,288 | 2,211 2,596 1,981 | 1,788; 1,653 | 1,865 | 1,442 | — ov S| Genoa, Naples, &c: .............s20:20008 pends ianpa | 6558! 596} 942| 980) 807} 1,096 | 2115 | 1,730 | ; 3| 1 SNE. iicononisnrbusthecopakpesssessaccnchboneeonnel 1,481 | 1,768 | 1,826 1,634 | 1,788 | 2,192 2,346 | 1,730 | pb) z INN, MORNIN. GDB; <ccnsesnncorsonsensconccoseccess | 2,923 | 2,923 | 4,057 4,000 2,577 | 2,404 | 4,423 | 3,846 | Hy
— ee ee | si
Total on the Continent.............s00+-s++e+« | 18,152 | 18,939 | 25,437 | 23,093 | 22,44¢ | 23,535 | 29,055 | 24,465 | ... + SE CEEMIEIR concegoncvenssssnenscancsonsones | 29,125 | 31,988 | 35,790 | 36,613 | 37,829 | 40,403 | 41,987 | 39,065 | 41,333 . :
a enn perditinn tea eet Pee ONiaN apn Tent an anrenT ee ee INT a tn ae | a Total European consumption per week ...| 47,277 | 50,927 | 61,227 | 59,706 | 60,269 | 63,938 | 71,042 | 63,530 | «+. a |
y , 3
Nore.—The figures of this table are derived from a table appended to Mr Ellison’s excellent work, entitled “ A
Handbook of the Cotton Trade,” a work got up with great care. They differ slightly from some other estimates we have Raa
before us, as must be the case in all computations that are not official :—but from examination we have reason to think
them as near the truth as any practical object can require. The quantities consumed in each country include the direct : >
imports from the producing countries as well as the indirect.imports, chiefly from England.
17 THE ECONOMIST. oe eae
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18 SUPPLEMENT TO
SUGAR.—1801—1857.
XXI—An Accounr showing the Quantity of Sugar annually Consumed in the United Kingdom, with the 4 Rate and Aggregate Amount of Duty collected thereon; also, the Average Price, inelusive and exelyg
(Jan. 15, 1859, |
the Duty, and the Average Quantity consumed by each Individual of the Population, from 1801 t inclusive.
Annual average of Four-| teen Years .—1801-1814
Single Years :— Ss |
Cwts
2,847,519
2,523,326 2,835,396
3,680,692 2,122,760 3,111,018
3,275,959
3,412,245 3,182,929 3,466,209
3,591,157 3,271,388
3,788,507 3,539,865
3,879,257 3,809,710
4,057,229 4,076,253 3,879,810 3,766,411
3,928,561
4,022,850 3,593,144
4,048,665 4,021,246 3,830,393
3,594,412
4,057,900
3,868,474 4,028,326 4,129,449 4,856,680 5,238,656
5,805,638
6,188,487 5,980,824
6,207,827 6,571,626
7,172,858 7,487,589 8,332,407
7,547,157 7,071,515 7,419,517 8,432,165
Net Revenue ac- cruing from Sugar, Average Rate of
Quantity of Sugar/after the deduction Duty per Cwt.| Average Price | consumed in the jof Drawbacks and paid by the Con-/ United Kingdom. Bounties on Sugar
Exported.
£ 3,362,702
3,454,412 3,612,715 4,434,051
2,751,169
3,996,589 3,925,481
4,188,997
4,060,544
4,407,476
4,641,997
4,176,673 4,951,071
4,650,224 5,002,338
4,896,271 4,767,374 4,650,606 4,394,352
4,414,346 4,559,418 4,667,920 4,184,209
4,760,576 4,656,912 4,586,936
4,449,070 5,114,390
4,874,812
5,076,326 5,203,270 3,574,471 3,896,780
4,405,237 4,557,337 3,912,170 3,884,441 3,979,141 3,893,656 4,083,836 4,741,757 5,058,500 5,129,649 5,055,034 5,640,400
eed ah eet pre pr pass feed ped feed feed et fed ped ptf peed feed feet ed fed em fd fd fd peed fem feed fed fed
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ANMOSCNMOCSCHWNNO AWN DBO K DH NW BDIOCANADBDBHAIDONAGHHYOCOWNKO®W=+1
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Prt et pt ret pt pret prt pret ft pret pred fret ped pd ed ft fd fred IS) feet fee fee NS) feet et fet fet fe fe fe ed ed fd ed ht et et et et BOD OD OD NON NN ee ee et DD OD ND BO Go Co Go Co DD OD GO BD ND DD OO DO DO _ o
Average Price | per Cwt.,
inclusive of Duty.
16
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Population of the
|United Kingdom. |
17,256,000
19,118,000 19,463,000 19,772,000 20,076,000 20,398,000 20,705,000 20,985,000 21,320,000 21,672,000 21,991,000 22,304,000 22,605,000 22,893,000 23,200,000 23,535,000 23,834,000 24,083,000 24,343,000 24,561,000 24,820,000 25,104,000 25,390,000 25,676,000 25,895,000 26,201,000 26,519,000 26,730,000 27,006,000 27,283,000 27,577,000 27,875,000 28,189,000 28,093,000 27,855,000 27,632,000 27,423,000 27,529,000 27,570,000 27,663,000 27,788,000 27,899,000 28,154,000 28,414,000 28,684,000
: * For Eleven Months ending 30th November. For the Year we compute the consumption at 9,146,187 cwts, NorE.—With reference to the period from 1801 to 1814 inclusive it is to be observed :—
tity consumes fl by euch id al vidual of thy Population, |
Lbs 18
= =a Ss 7 Sa
3
XXTL.— Quantities of Sugar and Molasses Imported.
. _ 1. That the quantities of sugar used in the distillation of spirits at various times during that period, when the distillation from com prohibited together, with the duties levied on the quantities so used, have been excluded from this statement.
2.. That the destruction of the records by fire in 1814 having rendered it impracticable to obtain an accurate view of the consumption of
CONSUMPTION
} single year prior to that date, the annual average consumption of the whole period, 1801-1814, is exhibited as the substitute for such information.
THE following estimated Consumption of Sugar by the different classes of society is the result of careful official investigations made by the Board of Inland Revenue.
———— rr
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22 SUPPLEMENT TO es [Jan. 15, 1859, © TEA.—1801—1858. aa
XXIV.—An Account showing the Quantity of Tea annually Consumed in the United Kingdom, with the Average Rate and Aggregate Amount of Duty collected thereon; also the Average Price, inclusive and exclusive of the Duty, and the Average Quantity consumed by each Individual of the Population, from 1801 to 1858, inclusive. 7
a es:
|
| | Average Quantity of Tea |Quantity of Tea) Average Rate Average Population | tit;
| Imported into | Consumed in | Amount of jof Duty per Lb. : y consumed Average Price | Price per Lb of the 'b: the United the United | Duty received | paid by the |perLb. in Bond. . 7 , cach Inde inclusive of | United | vidi Kingdom. Kingdom | __ thereon. Consumer. ee Ly a oe fee | — Kingdom. Population,
Lbs Lbs £ 29,804,739 | 23,730,150 | 1,423,660 27,356,502 | 25,400,294 | 1,632,467 30,843,184 | 24,877,450 | 1,929,614 26,680,784 | 22,057,046 | 2,599,739 28,538,825 | 24,266,083 | 3,336,524 22,155,557 | 22,249,485 | 3,446,671 12,599,236 | 23,819,420 | 3,520,174 35,747,224 | 3,905,295 21,717,310 | 21,065,843 | 3,592,705 19,791,356 | 24,486,408 | 3,647,738 21,231,849 | 22,454,532 | 3,752,111 28,318,153 | 24,584,402 | 3,825,980
re | 25,409,855 | 3,776,030 26,110,550 | 24,889,501 | 3,958,055 25,602,214 | 25,917,853 | 4,058,092 36,234,380 | 22,693,992 | 3,362,497 31,467,073 | 24,605,794 | 3,431,364 20,065,728 | 26,527,531 | 3,872,694 23,750,413 | 25,241,693 | 3,689,805 30,147,994 | 25,712,935 | 3,526,912 30,731,105 | 26,754,587 | 3,738,428 27,362,766 | 27,574,025 | 3,945,590 29,046,885 | 27,093,015 | 3,848,122 31,681,977 | 27,648,295 | 3,865,477 29,345,699 | 29,232,174 | 4,031,019 29,840,401 | 29,045,852 | 3,738,043 39,746,147 | 29,931,178 | 3,705,590 32,678,546 | 29,305,757 | 3,448,843 30,544,382 | 29,495,205 | 3,321,723 31,897,546 | 30,046,935 | 3,387,097 31,648,926 | 29,997,055 | 3,344,919 31,709,016 | 31,548,381 | 3,509,839 32,057,832 | 31,829,620 | 3,444,102 33,643,980 | 34,969,651 | 3,589,361 44,360,550 | 36,574,004 | 3,832,427 49.307,701 | 49,142,236 | 4,674,535 36,973,981 | 30,625,206 | 3,223,840 40,413,714 | 32,351,593 | 3,362,035 38,158,009 | 35,127,287 | 3,658,803 28,021,882 | 32,252,628 | 3,472,864 30,787,796 | 36,675,667 | 3,973,668 40,742,128 | 37,355,911 | 4,088,957 46,612,737 | 40,293,393 | 4,407,642 53,147,078 | 41,363,770 | 4,524,193 51,056,979 | 44,193,433 | 4,833,353 54,767,142 | 46,740,344 | 5,112,005 55,624,946 | 46,314,821 | 5,066,494 47,774,755 | 48,734,789 | 5,329,992 53,459,469 | 50,021,576 | 5,471,422 50,512,384 | 51,172,302 | 5,596,961 71,466,421 | 53,949,059 | 5,900,625 66,360,535 | 54,713,034 | 5,984,172 70,735,135 | 58,834,087 | 5,683,791 85,792,032 | 61,953,041 | 4,780,149 83,259,657 | 63,429,286 | 5,310,275 86,200,414 | 63,278,212 | 5,536,626 64,493,989 | 69,182,101 | 5,057,960 67,921,848 | 67,405,856 | 4,774,535
a
15,828,000 15,966,000 16,171,000 16,407,000 16,677,000 16,917,000 17,154,000 17,385,000 17,602,000 17,841,000 18,011,000 18,270,000 18,522,000 18,832,000 19,118,000 19,463,000 19,772,000 20,076,000 20,398,000 20,705,000 20,985,000 21,320,000 21,672,000 21,991,000 22,304,000 22,605,000 22,893,000 23,200,000 23,535,000 23,834,000 24,083,000 24,343,000 24,561,000 24,820,000 25,104,000 25,390,000 25,676,000 25,895,000 26,201,000 26,519,000 26,730,000 27,006,000 27,283,000 27,577,000 27,875,000 28,189,000 28,093,000 27,855,000 27,632,000 27,423,000 27,529,000 27,570,000 27,663,000 27,788,000 27,899,000 28,154,000
28,414,000 28,684,000
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* Records Destroyed by Fire. + For Eleven Months ending 30th November.
CONSUMPTION OF TEA.
Tue following estimated Consumption of Tea by the different classes of society is the result of careful official investigations made by the Board of Inland Revenue.
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England. Scotland. Great Britain.
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The upper classes consume 18 per cent.
The middle classes 38
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—_——_
Jan. 15, 1859.]
REMARKS ON TABLE IL. IMPORTS AND EXPORTS—18901 TO 1857.
Tarne is, probably, no index of a general kind by which the material condition of a country can be more accurately tested than the extent of its foreign trade. By whatever means the external commerce of a nation is conducted, and by whatever laws it is regulated, its imports must be limited in the long run by its own surplus production. It is, there- fore, only in proportion as that surplus is great or small, that a country is ina condition to command the surplus roducts of other countries; and it is the extent of this
ability to exchange that determines the amount of its foreign trade. If trade is left perfectly free and unrestricted, and the capital of a country is thereby directed into those channels alone in which it can be, under the peculiar ¢ircumstances of climate, soil, and genera] character, most profitably employed, the means of foreign exchange will be
atly multiplied. and both home products and foreign roducts will thereby be obtained at the lowest price and in
the greatest abundance. If, on the contrary, an attempt is
made to foster productions for which a country or a people have but inferior aptitude, and artificial restrictions are imposed in order to protect them against the natural defects of circumstances, the effect must be to limit foreign exchanges and to inflict upon acommunity scarcity and high prices. The amount of the imports and exports of the United Kingdom during the portion of the present century which has expired, illustrate these principles in a remarkable manner.
The accounts of the trade of this country are expressed in two separate forms:—the one is termed the “ official value,’—the other, “the real or declared value.” The « official value” consists of a uniform rate or price for each article, which was fixed in the early part of the seventeenth century. At these fixed rates or prices the quotations of each article imported or exported is computed, and thus the aggregate “¢ official value” of our imports and exports is arrived at. When, however, it is considered how very fluc- tuating prices are from year to year, and how different they are between more distant periods, it must be apparent that the “ official value” must be a most imperfect measure of the actual debt that we incur by our imports, or of the credits we raise to the country by our exports. But there is one thing for which the “ official value” is a most perfect mea- sure—that is, of quantity. The prices being fixed and uniform, all the fluctuations apparent in the returns must be | a true measure of the varying quantities of produce and goods imported or exported from time to time ; and, as we shall shortly see, it thus forms in relation to the “ real | value” an interesting and. instructive means of comparison. The “real or declared value” has been for a long period applied to the exports of British produce and manv- | factures. This was instituted for the purpose of levying the export duty, which existed until it was abolished by Sir Robert Peel in 1842. It consists simply of a Voluntary declaration of the merchant of the true value of the goods. As long as there was a duty paid on exports, it might be supposed that some motive would exist for reducing the true value ;—-but, on the one hand, it was too small to hold out such a motive; and, on the other hand, a careful supervision was exercised by the officers of Customs. Since 1842 any such motive has been entirely removed, and the supervision has been less strict. Some are of opinion that these “values” are very imperfectly given. This may be so in particular instances, but not to an extent materially to siter the aggregrate of the whole entries. If we take the great bulk of the trade of the country, and consider the routine of a merchant's office, it will be apparent, that in the absence of any motive to make false values, it is certain that the easiest and simplest plan will be adopted of entering the actual figures both as to quantities and Values from the invoices in their possession. That these entries are in the main correct, and that small irregularities in one way are in the main balanced by others, 18 apparent from the general correspondence of the aggregate results, with the known facts from time to time respecting the details of which they are composed. This “ real value” was, however, until 1854 confined, for the reason we have stated, to the exports of British produce and manufactures. The duties upon the great bulk of imported articles have always been computed upon quantity, and not upon value: it was
THE ECONOMIST.
not necessary for revenue purposes to ascertain the “ real value” from time to time. The trade statistics, therefore, gave only the quantities of each article, but not their value; and the only common measure, therefore, in which the imports could be expressed was in the “ official value”—of course a most imperfect one for any practical purpose. But in 1854, the Treasury, by an elaborate minute, organised a plan by which the “ real value” of our imports and re-exports of foreign and colonial produce is ascertained from month to month and from year to year, according to the fluctuations of prices. The process is too lengthy for us to detail in this place, but the results arrived at are extremely accurate, and the system is working most satisfactorily. The trade sta- tistics, therefore, since 1854 are complete in both forms,—as computed by the “ official value,” and as computed or declared according to the “ real value”’ at the time.
With these preliminary observations, we now come to con- | sider the interesting facts as detailed in Table I. before us. We will first consider the exports of the produce and manufactures of the United Kingdom. These, as we have said, are given for the whole period from 1801 to 1858 in both the forms of “ official” and “real” values,—excepting that for the latter, the records are not complete for the first four years of the century; and that with respect to both, the records for 1813 were destroyed by the fire at the Custom House. Before we examine the rates of increase as attribu- table to the different policy applied to our trade, we would call attention toa very instructive and extremely interest- ing comparison which may be instituted in respect to the varying relation which the “ official” and the “real” values bear to each other from time to time. At the time when the ‘¢ official” value was first instituted, it was identical with the “real” value:—it was, indeed, constructed from the actual prices of the day. But it must be obvious that as general prices rose, the “real” value would be expressed in larger amounts than the “official” value; and as general prices and the cost of production fell, the “real” value would be expressed in smaller amounts than the “ official” value. The one is a fixed standard: the other is an expression of all the variations of value or price. The comparison be- tween the two, therefore, from time to time, exhibits in the most accurate manner the general elevation of prices at one time, their reduction at another, and their variations from year to year. This comparison isin many ways most im- teresting and instructive ; and will be found particularly so in testing the influence of thegolddiscoveriesupon prices, It will be observed, upon a reference to the table, that the “ official ” value of our exports (we now speak only of British produce and manufactures) was 23,376,941/ in 1805, while the “ real ” value was 38,077,144/. This shows that in 1805 the general prices of all articles exported were Aigher than the “ official” rate by rather more than sixty per cent. It will be observed that the high “real” value, in relation to the “ official” value, coutinued up to 1815. According to another table, No. XVIII., it will be seen that in 1814 the price of cotton was 2s 6d the pound; and the late Mr Thomas Ashton stated that about that time he employed one of his mills to spin yarn upon hire at the rate of 2s 9d the pound—the price of cotton yarnat the time being 5s 6d the pound—the same being at the present moment a fraction under 1s the pound, In that year the “real” value of cotton yarn and goods exported was 20,070,824/, and the “official” value was only 17,655,3787. In 1856 the “ real” value of cotton yarns and goods exported was 38,232,741/, not quite double their value in 1814; but the official value was 163,887,1962, or more than nine times their quantity in 1814, In 1817 the “ official” and “ real” values came nearly to an equilibrium—the former being 40,111,157/, and the latter 41,817,540/,—thus indicating a very extensive fall in general prices compared with the preceding twelve years. But it was not until 1820 that the general fall of prices was sufficiently great to reverse the relation between the “official” and “real” values. In that year, for the first time in the century, the former exceeded the latter—the one being 38,393,7682, the other 36,423,9597. From this period forward the difference between the two rapidly increased ; a very great general reduction of the cost of production and of the prices of imported articles took place, and while the “real” value of our exports remained for many years almost stationary, the “official” value rapidly rose. The “real”
24
value which, as stated, was 36,423,959/, in 1820, was, after slight fluctuations, still only 36,450,594/ in 1832 ; but during same period the “official” value (as we have shown indica- tive of quantity) rose from 38,393,768/ to 65,025,278/. Thus, while in 1505 the “real’’ value of our exports was about sixty per cent. greater than the “official” value, in 1832 the “official” value was about seventy per cent. higher than the “real” value ;—and this disparity has gone on gradually increasing with but little interruption, until in 1857 it amounted to about one hundred and ten per cent., —the “real” value in that year being 122,066,107/, and the “ official” value 255,396,713/. Since the peace of 1815, there has, therefore, been a rapid reduction in the cost of all articles produced in this country, but especially in those which constitute our exports. Since 1820, the reduction has-been most marked. The productions of the- land have fallen least in price—our manufactures most. But the great decline in the latter must be attributed mainly to the enormous economy which has been effected by mechanical and scientific inventions and appliances.
The distinction of which we have been treating as between the two different kinds of value as applicable to our exports, cannot be made, as we have before observed, in relation to our imports until 1854, when for the first time their “ real” value was ascertained. Our imports measured in “ official” value, it will be seen, amounted in 1805 only to 28,561,270/ : —with some slight variations they have steadily increased until in 1857 they amounted to no less than 136,215,849/. From the ascertained “real” value of the imports of the four years from 1854, it appears that it is greater than the “ official” value. What the comparison was at the beginning of the century, we have no means of knowing; but if we may judge by the high prices which then prevailed, the difference must have been even greater then, in relation to the “official” value, than it is now. Between 1854 and 1857, as we might have expected, the high prices which prevailed in the latter years is shown by an increased amount of the “ real” value. The four years compare thus :—
IMPORTS. nae Jolne.
152,591,513
caer Value.
124,338,478 117,402,366 143, 131,937,763 172,544, 154 136,215,849 187,646,335
This table shows the effect of the great increase of prices in 1856 and 1857. No doubt when the returns for 1858 are completed, we shall see the effect of the fall of prices, in the diminished “real” value of the imports of that year in relation to the “ official ” value.
We now come to treat of our trade in another aspect, viz., its actual progress during the century. In order to do this properly, we must adhere only to the “real” value of our exports. Whatever may be their fluctuations, it is plain that the true measure of a trade is the actual real exchange- able. value expressed in the precious metals, which form the standard of value, and in the money in account having a fixed relation to that standard. During the early part of the century (up to 1819) any comparison with a later period is somewhat disturbed by the depreciation in the currency, the consequence of a suspension of cash payments. But the exact amount of that disturbing cause for each year is known and can be allowed for. In 1805 the real value of our exports was 38,077,144/:—in that year the depreciation was only a fraction above 24 per cent.:—allowing for this, the value was 37,127,000/. In 1815 the amount had risen to 51,610,480/ ; but in that year the depreciation was 16} per cent.—for which if we make allowance the real value was 42,966,000/. From this time forward for some years there appears to have been a gradual decrease :-—in 1820 the exports were 36,423,959/. Nor did they increase much until 1835 and 1836. In the latter year, in consequence of the great American speculations, they reached 53,293,979; but, as the result of the crisis which ensued, they fell back in 1837 to 42,069,245/, about the amount at which they stood in 1815. They again rallied, and in 1841 reached 51,634,6232; but in 1842 they fell back to 47,381,023/, at which they stood, when Sir Robert Peel began his commer- cial and financial reforms.
Difference. £
28,253,035 26,257,969
It is impossible to examine the facts furnished by this table as to the condition of the trade of the country, during
SUPPLEMENT TO [Jan. 15, 1859, | the thirty-seven years which elapsed between 1805 and 1849 || without coming to the conclusion that it was in a most yp} satisfactory state. No doubt the condition of the was greatly improved by the rapid cheapening of articles of clothing chiefly ; for so far as food and colonial produce were concerned, the spirit of monopoly which pervaded our laws kept the supplies small and the prices high. From 1805 tg 1814 the net value of our exports increased only by little | more than jive millions ; andin 1842 the value of our ex was less than the nominal value in 1815 by 4,229,000), ang after allowing for the depreciated currency in the latte year, exceeding them by only 4,415,000/. The periog from 1818 to 1832 appears to have been the most stagnant and depressed, which entirely corresponds with all other ip. formation extant in respect to that time.
With 1842 we start a new era in the history of our trade, In that year, as we have observed, the exports were 47,381,023/. Sir Robert Peel then carried his first series of measures for reforming the tariff:—other measures of g similar kind succeeded year after year :—in 1846 the Com Laws were repealed; in 1848 the sugar duties wepg equalised; in 1849 the Navigation Laws were abrogated, Prohibitions were absolutely abolished ; differential duties were equalised ; excessive duties were reduced ; the principle of protection was abandoned. Year after year saw new measures to carry out these principles. The Excise Laws were modified :—many of the duties,—those upon glass, soap, &¢, were abolished. The tariff has been subjected to numerous revisions in the interval :—everything has been done to faci- litate trade by a careful consolidation and amendment of the Customs Laws. Direct taxation has been applied, to the relief of indirect charges upon trade. From 1842 to 1857, a period of fifteen years, the entire policy and the whole law which regulated our trade has been changed. What has been the result ?
In place of the stationary character of our trade for the preceding twenty-five years, it has shown the most marvellous increase during the last fifteen years that the records of the world can furnish. In 1842 the exports, as we have seen, were 47,381,023. In five years (1847) they had in. creased to 58,842,377/; in the next five years they had increased (in 1852) to 78,076,854/; and in the third period of five years (in 1857) to 122,066,107/:—that is, in fifteen years our exports increased by the enormous sum of 74,685,0847; and this, too, in spite of two periods of com- mercial crisis more severe than any former similar occur rance—of the Russian war, and of the Indian revolt.
The profits of trade and professions, under schedule D, in Great Britain, voluntarily returned for assessment under the income tax in the year 1843-44, upon the average profits of 1840, 1841, and 1842, amounted to 65,028,000; in 1857, upon the average of 1854, 1855, and 1856, they amounted to 84,620,000/, being an increase of nearly twenty millions a year of net profit derived from trade.
TABLE IL. DECLARED VALUE OF BRITISH AND IRISH PRODUCE
EXPORTED FROM THE UNITED KINGDOM TO VARIOUS FOREIGN COUNTRIES AND BRITISH POSSESSIONS.
We have already observed that the great development which has taken place in the trade of the country during the present century has shown itself in the most marked manner in the last fifteen years. During that time we have seen that the value of our exports has increased from 47,381,023/ to their present amount ; but as 1843 was a year rather below the average of the period, we propose to consider the increase of our trade in its detail from 1843, in which year the value of our exports was 52,279,709/. From this sum they increased, as we have before stated, to 122,066,107/, in 1857. The table upon which we are now remarking shows the amount of our trade to each country during that period, and the progress which it has made in each. This table furnishes an interest- ing and instructive comparison in two ways:—First, it shows to which countries the trade of this country has the greatest tendency to increase; and, secondly, it shows im what quarters, and suggests in what way, the recent legisla tion has tended most to stimulate our commerce.
This table has two great divisions :—the first shows the trade in detail and in the aggregate to all foreign countries; the second shows the same in respect to British colonies
PT
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| Jan. 15, 1859.]
wa ossessions abroad. In 1843 and 1857 these two divisions of trade compare in the following manner :—
British and IntsH PropUCE from the UNITED KINGDoM. Brroats of 1843, 185
£ £ i i 36,241,076 ... 85,039,990 eine iene i endnastanabnvevage 1 a68 Srl SPB 247
Totals 52,206,447 ... 122,155,237 The actual increase, therefore, which has taken place in
oor foreign trade is 48,798,914, and in our colonial trade 91,149,876/ ; but the proportionate increase is 131 per cent. ig the foreign trade, and 132 per cent. in the colonial trade. When, therefore, the two classes of trade are considered in ration to each other, they may be said to have progressed a3 nearly as possibly at the same rate. There are, however, sbyious reasons for considering them separately, especially jn relation to the influences by which the increase in each case has taken place.
First, then, as regards the foreign trade. It will be re- membered that the earlier reforms in the tariff made by Sir Robert Peel, in 1842 and 1843, affected chiefly, almost solely, the trade with foreign countries. The colonial duties were already favourable to them, and the object was to re- move restrictions from the foreign trade. The prohibition against the import of cattle and some other articles were removed. A modification was made in the corn and provi- sin duties. Numerous small duties were altogether repealed. The effect of the removal of these restrictions was very soon fitin an increased demand for our manufactures, in spite of the perseverance of foreign Governments in hostile and restrictive tariffs. A general impression prevails that ourexport trade to the continent of Europe is neither very important nor very progressive. Nothing could be further from the fact. In 1843 the exports to the continental countries amounted to 23,480,0007 ; in 1857 this sum had increased to 47,192,000/. Thepolicy inaugurated in 1842 soon told, as we have said, upon our foreign trade. In the first five years it increased upwards of six millions and a half; and when the Act for repealing the Corn Laws came into operation, the increase under the in- fluence of minor reforms had reached about eleven millions in 1849. The amount was then 47,001,5112. From that year the increase proceeded at an unprecedented rate, until n 1857 (that is, in eight years) it was equal to 38,000,000/, the exports that year being 85,039,990/:—the increase during that period was, therefore, at the rate of little short of five millions a year in this branch of our trade alone. And if we examine the progress of the trade in the different countries, we shall find that it is most marked exactly in those which were most likely to be affected by the reforms effected in the tariff, and those to which the advocates of free trade always pointed as being most unna- turally depressed by the restrictive laws which weighed upon our trade. And it is remarkable that in the actual develop- ment which has taken place, it does not appear to have been materially interfered with even in those countries which have persevered in the most restrictive tariffs. In the cases of Russia, France, Austria, Spain, and the United States, the principle for which Free-traders contended (that if we im- ported freely, foreigners must take something in return) has found a signal exemplification. The following comparison of the trade at the two periods with the chief markets influ- enced by our tariff reforms, sustains in a singular and striking manner the arguments upon which they were based :—
Exports.
,899,617 19,182,931
2,140,133
Totals of 10 foreign markets 24,016,907 58,237,775 _ if we refer to the list of imports, we shall find an explana- tion of this enormous increase of trade with these countries, by the increased quantities of articles imported—such as cattle, corn, provisions, timber, coffee, and sugar—which in
were practically prohibited. _ Next, with regard to our colonial trade. When we bear
| 2 mind that previous to 1843 the policy of this country had
THE ECONOMIST.
been to foster, at an enormous cost and sacrifice, the trade of small and unimportant colonies, we are at first sight sur- prised that this branch of our trade has progressed as a whole in the way it -has. And if we find that such colonies as the West India Islands have not increased their trade, the cause can be easily explained, when we see the extent to which tke trade of India, Mauritius, and Brazil has increased. It is now no longer a question of doubt, that the protective system not only imposed an enormous additional cost upon the home consumer, but what was, perhaps, equally mischievous, deprived him of the largest and best markets of the world for his manufactures. In 1843 the West Indies took of our goods to the value of 2,577,6217; in 1857 |- they took only 2,349,7877. But in 1843 Brazil took to the value of 2,140,133/, and in 1857 that was increased to 5,447,6667. In 1843 the British consumer was con- demned to pay a double price for sugar and coffee, in order, it was said, to protect those small markets for our trade; while in 1857 the supply of those articles is doubled, and the price greatly reduced, by our consenting to deal with extensive markets where production and consumption are equally upon a large scale. These tables show that, for trading purposes, the important British possessions abroad are really confined to about five in number,—exclusive of the West Indies, which, though stationary, must still be regarded as a con- siderable market :—but what we allude to chiefly, is those which show striking evidences of progress. These five are— 1, British India; 2, Australia; 3, British North America; 4, The Cape of Good Hope; 5, Mauritius; and the following figures show the rapid progress they have made during the period under review :—
EXPORTS.
British India Australia British North America Cape of Good Hope Mauritius
10,218,803 The entire increase in the amount of our exports to all our
colonial possessions, from 1843 to 1857, was, as we have seen, 21,148,876/ ; to the five markets included in the above table it has been 21,320,4917. We require no more striking index to show in which of our possessions abroad there exist the elements of commercial development. We have only to add under this bead, that the trade of 1858 has not in any material point affected the conclusions to which these remarks have led us. The entire amount of our exports will, probably, be found to be diminished about jive per cent., as the result of the crisis (we have computed them at 116,531,9987). The chief reductions, which can only be of a temporary character, during the year, are in the trades of the United States, Canada, and probably in a smaller degree of Australia. ‘The causes are too well known to require to be remarked upon. To British India, however, on the other hand, the accounts of the past year when made up will show a considerable increase of trade above any former year what- ever. It is to the great markets of the American continent, and to those of the East, recently opened up, that we must continue to look for the chief development of the com- merce of the country. We would not by this remark be understood to pndervalue the continental markets, which, as we have already shown, are most important both in their actual extent and in their proved capacity for increase. The further development of railways and an improved view as to commercial legislation will, we trust, lead to a continued progress in those countries.
TABLE IIL SUMMARY OF THE IMPORT AND EXPORT TRADE OF THE
UNITED KINGDOM. We have already adverted to the fact that it was only in
1854 that the Treasury contrived as atisfactory plan by which the whole of our trade in imports and exports was reduced to the common measure of “ real values.” Prior to that date the “real values” applied only to the exports ot British produce and manufactures. In respect to our im- ports, and the re-exports of foreign produce, we had only the actual quantities of each article, and the “ official value,” at a fixed rate, which bore no constant relation to the actual value. The plan adopted in 1854 now affords the oppor-
———_
26 SUPPLEMENT TO [Jan. 15, 1859,
tunity of comparing our aggregate imports and exports. Table III. exhibits the “ real” amount of our imports, of the portion of the same re-exported, and of British produce ex- ported. The comparison of the four years is as follows :—
ImPoRT AND ExPort TraDE.—REAL VALUES.
ars. | f EXPorts. Imports.
Total Exports
British Produce Foreign and and Mannfactures Colonial Prodace.
£ 18,648,978 21,012,956 23,393,405
24,108,194
£ 97,184,726 95,688,085
115,826,948 122,066,107
£ 115,833,704 116,701,041 139,220,353 146,174,301
£ }
152,389,053 | 143,542,859 172,544,154 | 187,844,441
Many attempts have been made by politicians ond others | to deduce argumeuts from a comparison of our exports and imports bearing upon the “balance of trade,” upon the foreign exchanges, and upon commercial policy. The most ludicrous blunders have been made from time to time by Protectionists in accepting the figures hitherto published re- | presenting only the “ official values” in regard to our imports, | and the “ real values” in regard to our exports. least, this error can be avoided; and the two can be brought into comparison by one common measure. But still a little consideration will show how imperfect any comparison must be that even now is made with the view of determining the ‘‘ balance of trade,” or the course of exchanges. No doubt, in the long run, our exports and imports, as a whole, must balance each other, except only the profit which the country derives from its exports, which will appear as increased im- ports. The excess of our imports, over our exports, is not, as has been falsely conceived, an evil, upon the assumption that | the difference must be necessarily made up by a remittance of the precious metals. On the contrary, the final balance of excess of imports over exports should be regarded as the | measure of the profit made by our trade. These accounts, as now prepared, take us one important step forward in the means of reducing this profit to figures. But they are still very imperfect for the purpose. elements. In the first place, England gives credit*to all the world, and takes credit in commerce from no other country. The exports of one year are, therefore, represented by the imports of a future year. Again, the declared value of our exports is that which applies to them on being shipped in this country, and does not, therefore, include the cost of freight, insurance, &c.; while the ascertained value of our imports includes all charges landed from the ship in our docks. In the next place, the trade in bullion, which has become one of the most important, is not included in these returns; but from the perfect accounts which were introduced at the Customs by the late Board of Treasury, sanctioned by Act of Parlia- ment, in relation to bullion, this defect will now be overcome. There are also disturbing causes asising out of the transfer of capital for investment between other countries and this, which is now done to a great extent, and which transfers are effected by bills which enter into the trading exchanges of nations. And, lastly, there are large remittances of money for the payment of the dividends of public debt from foreign coun- tries, and a large sum annually from India (about 4,000,000/) for the Company’s dividends, home expenditure, pensions, &e. The slightest consideration will show that, in the great transactions of the world, all these elements must be taken into account when we attempt to compare thé actual imports and exports of merchandise with each other. This informa- tion, however defective for this purpose, may be turned to great utility in the comparison of the trade of the country from time to time ; and we must regard it as an essential improvement in our commercial statistics.
TABLE IV, QUANTITIES OF THE PRINCIPAL ARTICLES OF FOREIGN AND
COLONIAL MERCHANDISE EXPORTED FROM THE UNITED
One of the great advantages which the country has derived from the free commercial policy adopted of late years is, that it has become year after year a greater emporium of trade. When the produce of all countries is freely admitted to con- sumption without distinction in this country, there is a double inducement to ship to this market. The foreign producer has the chance of the English demand; and he can avail himself of neighbouring foreign markets if they prove more profitable. ‘There has consequently been of late years a
Now, at |
There are still many disturbing |
' great increase in the export of articles of foreign and eglgsss | production from the ports of the United Kingdom { | foreign countries. This table shows the extent to which | trade has been carried on in some of the chief articles of gum merce, which cannot fail to be useful to those interested)
' such trades by enabling them to trace the disposition of | quantities imported from year to year. 7
TABLE YV, DECLARED VALUE OF PRINCIPAL ARTICLES OF BR
AND IRISH PRODUCE EXPORTED FROM THE Uw KINGDOM. ”
Having traced in our former remarks the progress ofgs
| exports of British produce and manufactures as a whole, the distribution of them to different countries, it cannot @i to be both interesting and instructive to trace the progps of the chief articles of our export during the period ing tion. This table, therefore, shows the declared value of
| principal articles which compose our exports, shipped @ each year. The largest amount both actually and
| tively in this table applies to cotton manufacture, 1843 the value of our cotton manufactures exp
| was 16,254,000/; in 1858, for eleven months only, the | has risen to 30,250,856/. A general impression hag vailed of late years, and it has received every en ment from those opposed to free trade, that the te’
| our legislation was to discourage the exportation of finish) goods, and to encourage the sale of yarn, &c. The figuresy this table show that such has not been the ease. The vulagl of cotton yarn exported in 1843 was 7,193,971/; for eleven! months in 1858 it has been 8,666,731/, an increase notin] be compared with that which we have shown has taken plage]
_in relation to goods. Another article in which a very lange] | increase has taken place is silk goods. Their amount ¢-/ | ported in 1843 was 667,952/; in 1857 it was 2,918,47%;/) for eleven months in 1858, 1,905,9642. The increase in |
'iron and steel, wrought and unwrought, has been from} | 2,590,8332 in 1843, to 13,594,3287 in 1857, and 10,548,181} for eleven months of 1858. In all articles the inerease isi} large. For details we refer to the table itself.
H TABLE VI.
QUANTITIES OF THE PRINCIPAL ARTICLES IMPORTED Into | THE UNITED KINGDOM. |
In a former table we have given the aggregate value of the} imports for a series of years. It is true that with the mT tion of the last four years they are expressed only im “ official” value and not in their “real” value. But, as we} have already explained, the former, as it is computed atone
| fixed rate or price, is a fair indication of quantity, andin} : the absence of any other common measure by which the} | quantities of the aggregate imports can be ascertained, it | is not a bad criterion. In the beginning of the — the aggregate quantity of our imports computed at the official rate was 31,786,262/;—but so little progress dil our trade make during the first twenty years, that i 1822 the aggregate quantity ascertained in the same manner represented a sum of only 30,531,1412:—the highest) amount in any one year having been in 1810 when it was 39,301,612/. But that year was one of enormous speculation, which led to a great commercial crisis, and to extensive failures in this country and throughout the North of Europe That it was an exceptional year is best proved by the fad that the imports of the following two years represent each & sum just over 26,000,000/. Even in 1826 the amount was = 37,813,000/; which was, however, somewhat reduced by the reaction from the speculative year of 1825. It is trae
| that the real value of our trade had increased in the meantime, as has been shown by the fact that the net value of out exports in 1815 was 42,966,000/, even after making a redue tion of 163 per cent. as representing the depreciation of the currency at that time. Although, therefore, the “ quantity’ of our imports did not increase, yet the “real” valag as was then the case with our exports, must have beet much higher than the official value. Thus, it appea the more we examine into the facts connected with that that the great prosperity was far more apparent real. Prices were high, in part as a consequence a depreciated currency, but even more so as the result of 8 limited and expensive production; in other words, of searetly: And perhaps one of the chief causes which led to that stel®
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15, 1859.] s, was the close and restrictive commercial poliey hen obtained in its utmost rigour. From 1822 the
“ity of our imports gradually increased, but not at a great 1 1832 they had reached a quantity represented by
44610,0007 :—from 1832 the increase was somewhat greater, pe jp 1842 they amounted to 65,253,286/. Intwenty years ‘increase had, therefore, been about 35,000,0007. From
1} hat time forward we observe, in a perceptible manner, the | elects of Sir Robert Peel's reforms. In the first year, 1843,
find an increase of five millions; in the next year, 1844, gmilar increase; and in the fifteen years which have
the increase has been no less than 71,000,000/— daped, de amount in 1857 having been 136,215,849/.—(See Table
1. tebe No. VI., to which we now more particularly refer,
| shows io detail the quantities of the principal articles of foreign } gd colonial produce imported in each year during the latter
The increase is so uniform throughout, that it is dif- to single out any particular articles for remark.
lof course those articles which were the chief objects lof the commercial reform, by being set free from the | restrictions to which they had been long exposed, such as loom, sugar, provisions, &c., naturally show the greatest Ninerease. Of these we shall have to speak in greater I detail in a subsequent’ part of these remarks. The articles
ral consumption upon which the greatest increase has of gene taken place are butter, cheese, coffee, corn, potatoes, rice, | | , sugar, tea, and wine:—these articles as between
and 1857 compare as follows :— IMPORTED,
1843.
1
3,729,754 6,515,638 In the important articles of the raw materials of our
dief industries, the increase has been very striking. The following is a comparison of the chief :—
1857. 969,318,896
1,401,104 1,016,784 1,051,113
12,077,931. .. 1,178,689
Timber (sawn) .. 1,316,275 Wool 129,749,898 The chief exceptions to the rule we have just remarked
, are the articles of flax, tallow, and tobacco, of which | wantities imported have been nearly stationary; and |
ithe article upon which the greatest increase has taken Sten guano, the quantity of which imported in 1843 was
tons, and 1857, 288,362 tons. | stligiatiine
TABLE VII. epee cS OF THE PRINCIPAL ARTICLES (DUTY PAID)
INED FOR HOME CONSUMPTION IN THE UNITED KINGDOM. This table gives the portion of the quantities of each of the ag articles imported on which in each year duty was paid
jr home consumption. Of course this table includes only | those articles which contribute to the revenue: those which jate free of duty, such as wool, cotton, silk, &ec., are not
As a general rule, the clearances at the Customs May be taken as an index of the quantities actually con- sumed, though this rule must the accepted with some reserva- jtion, There are some articles, such as wine and spirits, /*hich are held in the stocks of dealers many years before }they are actually consumed, and the clearances of which do not necessarily represent the actual consumption,
}but are more than any other affected by the state of the }@oney market, and the spirit which at different times per-
} the ‘markets. Again, even with regard to articles / as sugar, tea, &c., which are cleared as a rule when #quired, there will at times be a great variation in quantities Hepe%n which duty is paid, and those which are actually eusumed. If the market is rising, each dealer, how- Her smal], increases somewhat his stock; that is, he buys #8 Anticipation of future demand; and, as the number
THE ECONOMIST. 27
of dealers is very ‘great, a large aggregate quantity may be cleared at the Custom House, without neces- sarily indicating an inerease of actual consumption. So, on the contrary, when prices are falling, the dealers use their existing stocks to as low a point as possible, and defer their purchases as long as they can. In such cases, diminished clearances at the Custom House do not indicate a lessened actual consumption. But this tendency to buy in a rising market, and to defer purchases in a falling market, has the effect of aggravating speculation in the one case and depres- sion in the other ; and both obviously tend to cause a rapid reaction,—the one by leading to a sudden suspension of demand when stocks are full and prices have reached the highest point—the other leading to an unusual demand when stocks have been inconveniently reduced.
The articles upon: which the largest increase of consump- tion has taken place correspond in general with those which have been most largely imported ; but this rule is not without some remarkable exceptions :—for example, the importation of wine has very greatly increased, but the consumption has remained nearly stationary. In 1843 we imported 6,807,053
| gallons, and in 1857, 10,366,845 gallons, In 1843 we con- | sumed, or at least duty was paid upon, 6,068,987 gallons, and | in 1857 upon 6,200,046 gallons; but in the latter year the | quantity re-exported was much greater than in the former
(See Table IV.) Again, the quantity of tobaceo importéd during this period has been nearly stationary, but the quantity upon which duty has been paid has increased from 22,749,045 lbs in 1843, to 30,914,977 Ibs in 1857.
| year.
TABLE VIIa, | REAL VALUE OF BULLION EXPORTED FROM 1843 TO 1857.
This table refers to the comparatively new branch of trade consisting of bullion—perhaps the oldest of any in one sense, but certainly new in the character which it has now assumed. Unfortunately up to this time our statistics in reference to
this important article are very imperfect. But by the new Customs arrangement, we may expect hereafter to obtain
_ tolerably accurate accounts both of the imports and exports. In the Supplement to the Economist of 24th January, 1857,
| we published an account, at page 24, of the quantity of gold and silver bullion exported from each country from 1851 to
| 1856, derived from the most realiable sources. In those | years the total quantities imported as compared with those | exported, as shown in this table, were as follows :—
GOLD AND SILVER ImpoRTED AND EXPORTED. — Exported.
1851 1852 20,351,000
22,586,568 18,828,178 24,851,797 33,566,968
oinage took place at the London Mint, in the whole equal to about 45,000,000/, a con- siderable portion of which was sent to Australia and our other colonies using British coin. We must now regard the trade in | bullion precisely the same as the trade in cotton, tobacco, or | any other article. A large portion of our exports to | Australia and to the West Coast of North America are paid for in this way. England thus becomes the great point to | which these metals are sent from the producing countries for re-distribution. What this market requires, we retain ; what it does not require, we ship to countries where there is a better demand. The price determines the distribution of gold as it doés of any other article. The movement of the precious metals must no longer be regarded, as formerly, only as a matter connected with a correction of the ex- changes: it must be looked upon as an ordinary article of merchandise, of which the import and export must be con- stant and continuous.
TRANSIT TRADE.—TABLES VIL. AND IX. TOTAL VALUE OF FOREIGN MERCHANDISE IMPORTED FOR,
AND EXPORTED AFTER, TRANSHIPMENT, FROM AND TO EACH COUNTRY AT PORTS IN THE UNITED KINGDOM.
QUANTITIES AND VALUES OF THE PRINCIPAL ARTICLES OF FOREIGN MERCHANDISE TRANSHIPPED IN THE UNITED KINGDOM. : In this form, and in the development which it has reached,
this must be regarded as an entirely new trade. It is true that ever since the bonding system was established, a reship-
_———— ee SY.
28
ment of articles of foreign produce has constituted a grow- ing portion of our trade : indeed, one of the objects of the bonding system was to encourage the importation of produce to be warehoused here, and redistributed to other markets as required. By areference to Tables I. and ITL., it will be seen that produce imported in this way, and re-exported, reached the amount of 23,353,765/ in 1857. But the object of estab- lishing this new system of a purely transit trade, was to in- duce shippers upon the continent Europe to send their goods to this country to be forwarded to the United States and other distant parts, with which our intercourse is so great ; and to afford them every facility for so doing, Accordingly, in 1857 a new system was established, by which goods could be imported, specifically entered as for transit, and as such not
exposed or liable to be opened or disturbed in any way. They can either be reshipped for their ultimate destination in the port at which they arrive, or they can be removed in bond toanotherport. Goods declared to be “in transit’ can be im- ported into London, Hull, Boston, or any port on the east coast, and removed to Liverpool or any other port, and re-shipped, without any examination of any kind, and without being dis- turbed or exposed. This trade has already arisen to a con- siderable amount: the value of the goods so imported and exported in 1857 was 4,508,487/. These tables show the countries from which they come, and the countries to which they are shipped, and also the articles of which the ship- ments are composed. The great bulk of the trade is"*between France and the United States. Of the whole quantity valued at 4,508,487/ in 1857, no less than the value of 3,007,227/ came from France ; and the portion shipped to the United States was 2,079,111/. Table IX. shows the articles of which these shipments were composed. The most valuable are the broad cloths of Germany and Belgium, and the silks, muslins, and fancy wares of France. By this means the British shipowner has the advantage of a considerable carrying trade of which he would otherwise be deprived.
SHIPPING.—TABLES X. AND XI. REGISTERED TONNAGE OF THE BRITISH EMPIRE—NEW
VESSELS BUILT AND REGISTERED.
REGISTERED TONNAGE OF THE BRITISH EMPIRE.—AGGRE- GATE NUMBER OF REGISTERED VESSELS EXISTING ON THE REGISTRY.
These tables contain an account of the number of ships, with the amount of their tonnage, built and registered in each year, from 1801 to 1857, belonging to the British Empire, the Colonies included, and of the number and amount of tonnage existing on the 31st of December in each year during that period. At the present time these tables have a very special interest. It will be observed by referring to Table X. that we have another proof to. the many which we have already adduced of the little progress made by our trade in the early part of the century. In 1801, 1802, and 1803, the quantity of shipping built was greater than in apy three years up to 1826 and the two succeeding years ; but in the following five years, up to 1832, there was again a great decline. From that time there was a slow but steady increase, but with considerable fluctuations down to 1848, the last year before the repeal of the Navigation Laws. From that time the increase has been most rapid, the quantity built in each year having risen from 227,928 tons in 1849, to 423,477 tons in 1857- The repeal of the Navigation Laws took effect on the Ist of January, 1850. Including 1857, we have, therefore, had eight years’ experience under that law. The aggregate amount of British shipping built during that period has been 2,775,898 tons, or a yearly average of 346,987 tons ; while in the eight preceding years the ships built were only 1,807,949 tons,—a yearly average of 225,881 tns.
Table XL. shows the quantity of shipping owned in each year, and the number of men employed. Here, again, the most striking feature is the stationary character exhibited for the first thirty years. In I801 the tonnage owned was 2,038,253 tons, and the men employed were 149,765. Not- withstanding the long war, the quantity had increased in 1816 only to 2,783.940 tons, and the men to 178,820. From that time, in spite of the strict monopoly of the home and colonial trade which our shipping enjoyed, the quantity fell year by year until, in 1825, it amounted only to 2,553,682 tons, and the men to 166,183; and it was not until 1835 that the quantity of shipping and the number of men ~~ —_—__— _—_——_—_—— ——— —-
SUPPLEMENT TO &
(Jan. 15, 1859, | employed came up to the figures of 1816. From that time| a steady increase took place until 1843, when the shipping was 3,588 387 tons, and the men 213,977. But tae been since this date that the great increase has en: In fourteen years the amount of British shipping owned has iit dwi risen to 5,531,887 tons, and the number of men employed ty y 287,353, on the 31st of December, 1857 ;—and this enormonp| increase has taken place in spite of the great increase gpl foreign tonnage employed in our trade, and of the ores iii number of steamers, which of course are far more effective | for work in proportion to their tonnage.
TABLE XII AN ACCOUNT OF THE TONNAGE, DISTINGUISHING BRITISg Ie
FROM FOREIGN, AND GIVING THE TOTAL OF EACH (Bon#] ENTERED INWARKDS AND CLEARED OUTWARDS), FOR THEI | YEARS 1814 TO 1857 INCLUSIVE, AND THE AGGREGATEIE, TONNAGE FOR THE SAME PERIODs. ie
This very important table shows the progress of the ship. ping entered in and cleared out from ports in the United! Kingdom, in our foreign trade in each year since 1814 }im distinguishes the portion of the trade done by British vessels, jim and that done by foreign vessels. Here, again, the same rej mark applies and evidence is multiplied as to the smalfj increase of trade down to 1832. In 1815 the total tonnage | entered and cleared was 5,426,787 tons; in 1833 it was but 5,948,774 tons. It then gradually increased to 1842, whey it stood at 9,127,474 tons. From that period it has pro. ceeded at a rate which the extension of our trade would haye led us to expect. In 1857 the shipping entered and cleared] in the foreign trade of the United Kingnom was 23,178,793 tons—about four times the quantity of 1833. In the last year before the Navigation Laws were repealed, the quantity entered and cleared was 14,004,388 tons, of which 9,669,639 tons were of British ships, and 4,334,750 tons of forei ships. Of the 23,178,792 tons entered and cleared in 1857, 13,694,107 tons were British, and 9,484,685 tons foreign,
|
| wr ‘7:
EXCISE ARTICLES.—TABLE XIII. QUANTITIES OF THE SEVERAL ARTICLES CHARGED win jf
DUTIES OF EXCISE IN THE UNITED KINGDOM; QUANTL | TIES THEREOF EXPORTED ON DRAWBACK, AND RETAINED} FOR HOME CONSUMPTION.
Having now gone through the foreign trade in its aggregate aspect, before proceeding to the tables whieh refer to individual articles, we have introduced a table to show the quantities of)if articles manufactured under the Excise, the portions of them/|ff exported, and the portions consumed at home, from 1840 to 1857, and including 9 months of 1858. The articles upon which Excise duties are now charged are confined to hops, malt, and spirits: there is also a duty upon sugar, bit none is now manufactured. The quantity of hops, as might be expected, upon which duty has been paid during that period is very variable; the lowest being 6,191,000 lbs in 1840, and the highest 82,368,448 lbs in 1855. Of malt, the com 188,253 sumption has been stationary, but more has been exported 1 ts Of spirits there has been an increased consumption of some)! Stinde, importance, averaging about 4,000,000 gallons a year; and {iB} is about for the last four years there has been a large exportation, i» enor chiefly to France, but which is now falling off, the causeiii shinmer having been accidental. The quantity of British spirits com) way by sumed in 1857 was 24,150,436 gallons. Of paper, the mante |} H be by i facture has increased more than of any other excisableji) article. The quantity made in 1840 was 97,237,358 lbs; i 1857 it was 142,017,003 lbs, an increase of about 50 per cemk |i} Both the export trade and the home consumption have greatly} increased ; the former from 5,058,727 lbs to 12,218,983 lbs) jij the latter from 92,178,631 lbs to 129,798,020 Ibs.
WHEAT, GRAIN, FLOUR, AND MEAL.—TABLE XI. QUANTITIES OF WHEAT AND OF OTHER KINDS OF GRAIN,
AND WHEAT AND OTHER KINDS OF MEAL AND FLO IMPORTED INTO THE UNITED KINGDOM FROM VAKIOU COUNTRIES.
This table consists of three parts—the first showing thé quantities of wheat and flour, the second the quantities other grain and meal, and the third the aggregate quantities of wheat and all other grain, and of flour and meal, ¢# verted into the common measure of imperial quarters, 1m ported from each country from 1848 to 1857. It is with last part that we shall deal, as it is the aggregate & the two first. The total quantity imported in 1843
| AN ACC | THE
YAR THE
. This Ag 14 to
OP dan. 15, 1859.] THE ECONOMIST. 29 onl oag91 qrs; in 1857 it was 9,169,180 qrs ; and | goods and yarn during that period. In 1814 the price of Pts) sear as we can calculate from the eleven months’ returns, | American cotton was 30d the Ib; in 1845, which was the nsued; |e wantity in 1858 will prove to haveexceeded 11,000,00qrs, | lowest year, it was 48d; and in 1857 it was 7}d. In 1814 7 iMesd will exceed any former year except 1847. The year | Surat cotton was 214d; in 1845 it was $d; and in 1857, ryed to 46. marks an entirely new era in this trade. Prior to | 5g§d.* The real value of cotton goods and yarn exported in rmous | , the importations were extremely fluctuating, but | 1814 was 20,070,824/, and in 1858 it has been 42,797,000 || eas oplinever upon a very large scale. Since 1846, they have been | as near as can now be ascertained.
i. only upon a greatly extended scale, but much more oti ol - im year to year. In short, corn, in place of
wa ng as formerly an article of accidental trade, is now one | the most uniform, as well as most important. Prior to
1946 an importation of two millions of quarters was con- iudered a very large one. Since 1846 the lowest importa-
(BOT Honhas been 6,278,813 qrs, and the highest 11,912,864 qrs.
R Ta EGATE}
TABLE XIX. COTTON WOOL—UNITED STATES.
This table shows the price of cotton produced in each district of the United States in each year from 1840 to 1857, and of the total crops to 1858, the quantities shipped to each market in each year, and the stocks left on hand at the close of each year. From this table it appears that not only is the greatest quantity produced in Alabama and Louisiana,
he average of the twelve years has been as nearly ig need be stated 9,000,000 of quarters a year. The chief , jes from which the supplies are derived are exactly mm | 5 : but that it i xclusi i e ship. i swhich were anticipated,—Russia (North and South), a is cae cae in those States that any
United} E i a d the United material increase is taking place. 14 ibe Northern European countries, gypt, and the Unite
* "i Siates, For six years, from 1848 to 1853, large importations sate areas ee ha ke ee were received from France, but these have now fallen to a WOOL—TABLE XX. une Tei sere nominal quantity ; and, at least as long as the popula- QUANTITIES, on Want. Came. a. a. ae A
: oon Vibe LE UN NGD . don of that country is so well off, they are not again likely COUNTRIES, AND QUANTITIES EXPORTED, DISTINGUISH-
Mipincrease. ‘Table XV. shows the average price of wheat, ING FOREIGN AND COLONIAL FROM BRITISH GROWTH. oats, and barley in each year from 1843 to 1857, and the| There is probably no article the imports and consumption dosing prices of 1858. Table XVI. shows the quantities of | of which have increased so rapidly as wool. In 1820 the wheat, barley, and oats sold in the principal market towns | entire quantity of foreign and colonial wool consumed in the jneach year, the most striking feature of which is the great | United Kingdom was 7,691,773 lbs. The duty was then 6d decline in the quantity of oats. a pound on foreign, and ld a pound on colonial. The duty
1S PIO- If
ld have cleared
—_ —_—_——_ was reduced in 1824, and again in 1825. The rate fixed was ne aaa COTTON.—TABLE XVII 1d a pound on foreign wool of a value above 1s the pound, 09.685 W quarir1Es OF RAW COTTON IMPORTED INTO THE UNITED | 224 2d @ pound on that of lower value. These duties con-
KINGDOM FROM VARIOUS COUNTRIES, THE TOTAL | tinued until repealed by Sir Robert Peel. After the great foreign | ; > STO os ms 2 } QUANTITY EXPORTED, AND THE STOCK ON HAND AT | reduction in 1825 the consumption increased, and in 1833 1 1857, i] DECEMBER 31sr IN EACH YEAR. ae ee . >, sign, "IH This table shows the quantities of raw cotton imported from reached 39,066,620 lbs; in 1842 the consumption had further
risen to 45, 881,639 lbs, when the supply from Australia began to be felt, But from that time forward, and after the duty was repealed, as we have seen has been the case
each country in each year since 1840, the quantities ex- ported, and the quantities left in stock at the close of each year. The real important source of supply, whether it is
) : : with nearly eve article, the importation increased VAN | epemansoant a oe astnel quantity at ee Se mnaty at a rate which * one could have giants lated, until rAINED rapid increase, is the United States. In 1840 the}. : : Pp ? Hl quantity received from that quarter was 487,856,504 Ibs ; in 1857 it reached no less a quantity than 120,749,898 lbs. gregate ll in 1858 it has been 732,403,840 lbs as near as can at What would the Protectionists in 1820 have thought,
lividual |) be computed. The only other source of considerable supply when they opposed the reduction of the duty, if Shey tities oflffll js British India. But, compared with the United States, could have foreseen that ithe foreign supply of 7,691,773 lbs
of them) the quantity is not only very much less ; it is also much less oe swell to 129,749,898 Ibs? They | would have ii 1840 to//Bll certain. It seems to depend mainly on price in the one been loath to believe that, notwithstanding such a supply,
es upon) case, and to come irrespective of price in the other. The th ar E; es demand in proportion would secure to o hops Mil cotton supplied by India in 1840 was 77,011,839 Ibs, when | ‘Ye English farmer a better price than he was then ar, butllMll the price was 46d per Ib ; in 1849 it fell to 70,838,515 Ibs, | Tecetving. In the early period to which we have referred, + might|/Ml| when the price was 3d ; emul tu 1058 th tee 250,338,144 almost the whole of the foreign wool used in this country
t period 8}! Ibs, being nearly 40 per cent. of the American supply, when was the growth of Spain aot Guanine. Even in 1840, of 1 1840, II the price was 52d; but in 1858 it has again fallen to the 49,436,284 lbs imported, 21,812,664 lbs was of German
he cote 188,253,360 lbs as near as can now be ascertained. Recent growth » and — 9,721,243 _ lbs from Australia. The -ported, reports which we have seen of an official character from supplies then from the East Indies and from the Cape were
very trivial. In the last complete year for which we have the accounts (1857) the quantity received from Australia had risen to 49,209,653 lbs; from India the imports in the same
: : ; i isen from 2,441,370 lbs to 19,370,741 lbs; from mi thipment and then to England, is very great. The onl period had risen fi em ae :
its cot ! om by which the neat can be nf increased, will the Cape it had risen from 751,741 lbs to 14,287,828 Ibs. bese | te by improved internal communication. The aggregate Such has been the rapid increase in the supply from India, ccisable | supply has increased from 592,488,000 Ibs in 1840, to that it is now about equal to the whole Australian produc-
lbs; i } 931,847,056 lbs in 1858 asnear we can compute it. The larg- a = only twelve years ago. : j h er cents i i est year was 1856 when the imports were 1,023,886,304 Ibs. o the meantime a large export trade in woo to the
greatly) | The quantity of cotton exported in 1840 was 38,673,000 lbs ; Continent eee 7 a one bese —— — the 983 Ibs; in 1858 it has increased to 153,035,680 lbs showing aggregate of foreign and British wool exported in 1840 was
if) that we have secured a greater share of the carrying trade. 5,825,012 lbs, it had risen in 1857 to 37,272,364 lbs.
jj It will be seen by referring to Table XVIIIa., that the weekly
|| Seinde, are full of hope that a great increase of production [ is about to take place there. The growth of cotton in India
is enormous ; but the cost of transit, first to the port of
1 XIV.j}| consumption of cotton in Great Britain is much larger than SUGAR—TABLE X-XI. GRAIN, (10 all the rest of Europe taken together. In 1857, out of an | AN ACCOUNT SHOWING THE QUANTITY OF-SUGAR AN- FLO ll enti . ° ‘ NUALLY CONSUMED IN THE UNITED KINGDOM, WITH ARIOUNMH tte weekly consumption in Europe of 63,530 bales,| THE ‘AVERAGE RATE AND AGGREGATE AMOUNT OF
| gee were used up in Great Britain, and only 24,465 in all DOSE COL RETED TanaeS i fine, en ae eee i : R, INCLU ND EXCLUSIVE :
ng H other countries of Europe. THE AVERAGE QUANTITY CONSUMED BY EACH INDI- es I eR ee pT VIDUAL OF THE POPULATION, FROM 1801 TO 1858 IN-
an tities Ry TABLE XVIIL CLUSIVE. } ost , 1], cote] AN ACCOUNT OF THE DECLARED AND OFFICIAL VALUE OF Before referring to the extraordinary facts elicited by this
ing the
rs, imei qak EXPORTS OF COTTON MANUFACTURES AND COTTON | table, we must call attention to the small table subjoined to vith the) «THE Dewy Rg — Rg Sat ir DEC, ie it, showing upon official authority the proportion of sugar rate Oly — YEAR. consumed by the different classes of society. By this table, 43 _ this table shows the price of cotton in each year from| , Foe these: puioes-weane indebted toe. tahini: 2p Witeente Haat
| “ 14 to 1857, and the progress of the export trade of cotton | pook on the Cotton Trade.
30
constructed by the Board of Inland Revenue for the informa- | tion of the Chancellor of the Exchequer, it appears that of the entire quantity of sugar consumed in England 23 per cent. only is used by the upper classes, while 37 per cent. is used by the middle classes, and no less than 40. per cent. by the lower classes; so that the middle and lower classes together consume 77 per cent. of the whole quantity. This important fact, for the first time brought to light with the stamp of official authority, shows how true was the view taken by those who struggled for many years, and at last successfully, to remedy the glaring evils of the law, in regarding, as they did, the question of the sugar duties essen- tially one in which the masses of the nation were interested, This information also brings out in a striking light the bear- ing which the reyenue upon sugar has upon the working classes, compared with the upper classes; and a reference to Table XXIV. will show that the same remark applies in even agreater degree to the large revenue derived from tea.
Table XXI., now under consideration, shows the quantity of sugar consumed in each year from the beginning of the present century to the close of 1858, the amount of revenue received in each year, the rate of duty levied, the average price in bond, the average price inclusive of duty, the popu- lation in each year, and the rate of consumption per head in each year. In the first place, we must remark, that during the portion of the period named (down to the year 1844) the British consumer was practically confined to the sugar of the Britis colonies. A high differential duty of 63s the ewt upon foreign sugar really operated as a prohibition. And during a greater portion of that time, even the produce of British India and of Mauritius was subjected to high differential duties. But this was not all. Not only did the West India interest secure the market absolutely against foreign sugar, and to a great extent against East India sugar, but they obtained, by the aid of the British Exchequer, a great demand abroad. The British refiner was confined to the use of colonial sugar, but upon any sugar exported he had a large bounty which enabled him for many years to undersell the con- tinental refiners. Thus the British Exchequer suffered at both ends. It lost revenue which would have been derived from foreign sugar,—it lost money by a bountypaid on refined sugar. The British consumer, too, was not only limited in
his supply, but the taxes he contributed were used to enable the West Indian to carry away a portion of what was im- ported, and by the aid of the bounty dispose of it abroad. The history of the sugar duties combines everything that is Vicious in commercial legislation.
What was the consequence? The annual consumption of the first fourteen years was 2,847,519 cwts by a population of 17,256,000, or at the rate of 18 Ibs a head: If the column of figures is referred to, it will be seen how slow was the increase. Even in 1842 the consumption was 3,868,474 ewts, an increase of only 50,000 tons in about thirty years, though the population had increased to 27,006,000. And while the rate per head was 18 lbs up to 1814, in 1842 it was only 16 lbs,—an actual falling off of 12 per cent. It was not until 1845, after the first modification of the duties was made by Sir Robert Peel, that the consumption per head increased to 20 Ibs. For more than fourteen years prior to that time the consumption of sugar had been absolutely stationary. In 1830 it was 202,800 tons; in 1844 it was 206,470 tons. Let us see what has been the effect of legisla- tion since then. A great modification in the law took place in 1846; and finally, in 1848, the duties upon all classes of sugar were simultaneously reduced and equalised ; but that Act did not come into full. effect until 1852. A reference to the table will show that, while the consump- tion was 4,129,449 ewts in 1844, it rose in 1846 to 5,238,655 cwts; in- 1848 to 6,188,487 cwts; in 1852 to 7,172,858 ewts ; and that it has finally, in 1858, reached 9,146,187 cwts. For fourteen years prior to 1844 the con- sumption was absolutely stationary: in the fourteen years since 1844 it has increased by 5,017,000 cewts, or about 125 percent. Per head the consumption since 1844 has ‘in- creased from 17 lbs in that year to 353 lbs in 1858. And whereas the highest revenue received in any one year under the old duties was but 5,114,390/ in 1841, that received in the last year, as near as can be computed, was 6,110,0002.
SUPPLEMENT TO [Jan. 15, 1859, TABLE XXII.
QUANTITIES OF SUGAR AND MOLASSES IMPO
1,
This table is divided into four parts. The first shows gal H quantities of raw sugar imported of each kind in each ending the 5th of July from 1842 to 1858; the : shows the quantities of refined sugar, the third
aggregate of sugar of all kinds and of molasses gil verted into sugar.
The Table XXII, is the same in arrangement ag thy Table XXII., but: shows the quantities entered for} consumption in each year. m
The Table XXIII. shows the amount of the duty in each year.
In considering the relative condition of our sugar col at any particular time, we ought not to omit the quantitygl rum made, as it is as much a part of the produce as mo , It will be seen by Table XXIII4., that the quantity of imported increased during the period named from 4,619.86
gallons, to 6,448,059 gallons. It is needful to observef the figures in these tables refer to years ending the $0th of June, while those in Table XXI. refer to returns end ing December 31st.
: quantities of molasses, and the fourth shows».
!
TABLE XXIIIa. SPIRITS (VIZ., RUM, BRANDY, AND GENEVA) IMPORTED.
1842 TO 1858. or ,
This table shows the quantity of spirits imported aad cleared for consumption in each year. The consumption foreign spirits has increased since 1842 from 3,195,245 gal to 4,713,750 gals in 1857. Taking home-made and foneigh spirits together, the consumption is as follows :—
CoNSUMPTION of SPIRITS. 1842, 1857. gals
21,859,337 3,195,245
Home-made Foreign
25,054,582
TEA—TABLE XXIV. AN ACCOUNT SHOWING THE QUANTITY OF TEA ANNUALLY
CONSUMED IN THE UNITED KINGDOM, WITH THe} AVERAGE RATE AND AGGREGATE AMOUNT OF DOM} COLLECTED THEREON; ALSO THE AVERAGE Dt INCLUSIVE AND EXCLUSIVE OF THE DUTY, AND AVERAGE QUANTITY CONSUMED BY EACH INDIVIDU; OF THE POPULATION, FROM 1801 TO 1858, INCLUSIVE
This table contains at one view a full history of the teal} trade from 1801 to 1858, showing the progress of the dim} ports, and of the clearances for consumption, and the rates} duty charged from time to time. Here, again, the iad seems to have made but little progress during the first thizyy) years. In 1801 the quantity imported was 29,804,739 lbs; tieq quantity consumed was 23,730,150 Ibs; the duty was 1s 2pdjf and the rate consumed per head of the population was 1 1b Sony In 1831, just thirty years after, the quantity imported 31,648,926 lbs,and the quantity consumed was 29,997,055 lbs; after that the consumption gradually rose until, in 1848, | was 40,293,393 lbs. From that time it is that the gresty} increase in the tea trade has taken place. The imports-andj} consumption have both increased by more than 50 per combi during the fifteen years that have elapsed since 1843;—thel] quantity imported in eleven months of 1858 having beeay 67,921,848 lbs; and the quantity consumed in the samey period having been 67,405,856 lbs. In 1848 the ratesalj consumption per head for the whole population way 11lb8o0z. In 1857 it was more than 2 lbs 4 oz per From a careful inquiry that has been instituted by the of Inland Revenue, it appears that whilst 82} per cent. ay all the tea consumed is used by the middle aud pooret classes, only 174 per cent. is used by the upper classes.
The remarks which we have made under each of tej tables have necessarily been of the most limited charactéfy owing to the small space for such extensive subjects. The have been intended only to direct attention to some of important features of the tables ;—but these raise so many important questions, both in reference to general prineip of legislation, and in reference to special points of a coms mercial character, that we propose further to ex upon them in a series of articles in future numbers.of Economist.
: ee il
Fee Re fila gs 44 ~~
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Jan. 15, 1859.
Bast India House, December 31, 1358.
ap SECRETARY OF STATE FOR LL” jodia in Council publishes, for the information of
H = Indian Ginmmnent Promissory Notes, and
‘ors of Transfer Loan Property, who may not
+ in India, the following notitications, which
by the Government of India, and pab-
in the Calcutta Gazettes Extraordinary of the 12th
19th November, 1858, respectively :—
“ NOTIFICATIONS. i
“ liam Financial Departmen
— a 12th November, 1858.
holders sain ." rament Promissory . ndian ye
oe hereby neiead that, from and after the lst
December 1858, interest on their Promissory Notes
made payable, if desired, at the East India
oe London, by bills on demand on the General
Boose in Calcutta and Madras, subject to the rules . regulations at present in force, or that may hereafter
be issued by the Right Henourable the Secretary of
State for India, or by this Government. :
“9, When holders of notes in Calcutta desire that the
4 thereon should be made payable by bills issued
{n London, must presest their notes at the effice of
the Agcountant-General to the Government of India, eanenfacement will be made on each of the notes in
Ws i— ee Seeraie in London by draft on Calcutta
(or Madras, as the case may be).’ #8, Notes presented for enfacement at Bombay and
Madras will be forwarded to the Aecountant-General tothe t of India at this Presidency, by whom the notes, after enfacement and registry, will be returned
to the Presidency whence they were sent for delivery to
a Notes presented for enfacement in India will be
double-numbered, for transmission, if desired, by halves,
in order to facilitate the issue of a duplicate in case of lose by transit. A fee of one rupee will be levied for the
enfacement and double numbering. “5, On presentation of the transferred notes at the
Bast India House, on or after the dates* on which the
interest falls due on the different Leans, drafts for the interest then payable will be granted on the General Treasury of Calcutta or Madras, after due examination
and cheex of the notes, Interest payable quarterly on
Ist 4 per Cent. Loan different dates, varying with
of 1824-25 (Sicca) ... the date ef original subscrip- tion to the Loan.
94 4 per Cent. (Sicca) of \ Ditto
Interest payable— } 1st May and ist November.
4th 4 per Cent. 1835-36...31st March and 30thSeptember bth4 per Cent. 1842-43...1st February and Ist August.
"3h per Cent. 1853-54...28th February and 3lstAugust. 6th om 1854-55...30th June and 31st December.
7 of en orks \ 31stMarch and 30thSeptember.
4) per Cent. of 1856-57...28th Februaryand 3lstAugust. per Cent. of 1856-57 “6, Whenever holders of such notes may require
interest to be made again payable in India, the notes mast be presented at the East India House, with an ap- plication to that effect to the Right Hon. the
who will cause the previous enfacements to be and a fresh enfacement entry to be made on
note as follows :— “** Interest payable in India.’
“Holders of promissory notes in London on which interest is payable by draft on Calcutta may require draits on Madras
effected by a cancellation of the previous enfacement the notes, and by a fresh enfacement entry to be made
“8. Every applicauc, upon sending in a note for en- facement, must in his application state that he agrees to be bound by the rules which, for the time being, may Dein force relative to notes enfaced for payment of in- terest in England.
“9. Whenever application is made by the endorsee of snote for the payment of interest in England by drafts onthe General Treasury at Calcutta or Madras, the applicant must have his note previously renewed in his Owe name. Any endorsement made in India of an en-
faced note will not be reeognised in England. “10. Interest payable in Sicca rupees will be paid in
Bogland by bills for the equivalent amount in Company's Tupees, at the rate ot Company's rupees 106-10-8 for
100 Sicca rupees. “11. Any charge incurred in England on account of
stamps must be borne by the holders of the promissory Dotes, and must be paid at the India House on applica-~ tien for drafts. :
“12. Enfaced notes will be received at the East India House, for renewal or consolidation or sub-division,‘and willbesent out thence to Calcutta, a receipt being given to the holders of the netes. The new notes, when re- ceived from. India, will not be delivered except upon the of the receipt, and payment of a fee of 28 for each new note and the amount of levied the notes in transmission to and from India. *13. No duplicate of a lost note, enfaced for payment
gland. will be be issued until notice of d ef an application having been made for a been advertised in three successive issues m Gazette, and also of The Times, or such
as the Right Hon. the Secretary of addition to the advertisements in erules for the time being in force in
REE RP-s rif: §
FEEE other respects, the rules for the time being
to the issue of the duplicates applicable to enfaced notes.
15. Interest will be payable only to the legal holder & note, and no trust will be recognised.—By order of
in Council, igned) “C. HUGH LUSHINGTON,
“Secretary to the Goverument of India.”
“Fort William Financial Department, the 19th Nevember, 1858.
. . 63. With reference to the Notification from this depart-
pay Ment, No. 61, dated the 12th in stant, it is hereby notifie
Government.
28:hFebruaryand 3lst August. |
in lieu, or vice versa. | This object wilt | WOLVERHAMPTON At Exchange street.
THE ECONOMIST.
that the Right Hon. the Secretary of State for India has determined to extend to propricters of Transfer Loan Property, registered on the books in India, the advantage which is enjoyed by the holders of notes of the Four per Cent. Loans, of subscribing to the Five per Cent. Loan, half in cash and half in ‘Transfer Loan security. By this arrangement, holders of 'T'ransfer Loan property registered on the London boeks will have the option, by transfer to the India books, and by then subscribing to the Five per Cent, Loan, of availing themselves of the grant in England of bills for interest on Indian Loan securities, in common with other creditors of the Indian
“No. 64.
“Whereas doubts have been entertained as to the construction of paragraph 9 of the Notification No. 61, issued from this department on the 12th instant, relative to the payment of interest on Indian Government Promissory Notes at the East India House in London, by bills on the Treasuries of Caleutta and Madras, it is ! hereby notified that the application mentioned in paragraph 9 of that notification is the application for en- facement referred to in paragraphs 2 and‘, and that endorsements made in England of enfaced notes will be recognised in England—By order of the Hon. the President in Council,
(Signed) “C. HUGH LUSHINGTON, ‘* Secretary to the Government of India.’
J. COSMO MELVILL.
_ nny YY? ‘ ’
185 LETTS’S DIARIES, ALMANACS, &c., adapted to all callings,
Professions, or Trades, in above 100 Varieties of Size and Form, at from 6 pence to 14 shillings each, as well as Descriptive Catalogues, Gratis, may be obtained at any Booksellers in the Kingdom.—LETTS and CO., 8 Royal Exchange.
WINES AT HALF DUTY.
() UALITY AND ECONOMY COMBINED.
South African Port and Sherry ... 20s and 24s per doz. Souta African Madéira and Amon-
4s per doz. Pure, full body, with fine aroma.
** Chemical analysis has proved Messrs Brown and Brough's Wines to J efree from all adulteration, and ex- perience attests them +o be both salutary and agreeable to the palate."—Vide MrpicaL CrrcuLar, Noy. 17, 1858.
Delivered free to any London Railway Terminus.
Terms cash. Country orders must contain a remittance.
BROWN and BROUGH, Wine and Spirit Importers, 29 Strand, and 24 Crutched Friars, London.
~Y 10a » wry
LLSOPP’S PALE OR BITTER ALE.—Messrs 8. ALLSOPP and SONS beg to in-
form the Trade, that they are now registering orders for the October Brewings of their Pale Ale in Casks of 18 Gallons and upwards, at the Brewery, Burton-on-Trent, and at the undermentioned Branch Establishments :— LONDON .....000e000000008 At 61 King William street, City.
see. At Union street lane. sorceveseerrene At 115 St Vincent street.
DUBLIN .........-- - At 1 Crampton quay. BIRMINGHAM)......... At Temple street.
SOUTH WALES...... At 13 King street, Bristol.
Messrs ALLSOPP and SONS take the opportunity of announcing to private families that their Ales, so strongly recommended by the medical professien, may be pro~- cured in Draught and Bottles genuine from all the most respectable wine and beer merchants and licensed vic-
| tuallers,on ‘‘ALLSOPP’S PALE ALE” being specially asked for. When in bottle, the genuineness of the lable can be
ascertained by its having “ ALLSOPP and SONS” written across it cpon red and white ground striped.
1,000 OFFICE STOVES at 25s.
The Guaranteed Gas Stove—to burn without fiue— without smell, smoke, or dust.
r 10 var
UKLA’S NEWLY INVENTED DEFLAGRATOR, 18s, 25., 50s.
Patronised by Government, for the Department ot Science and Art, South Kensington Museum, &c., ic. Publicly tested at the Town Hail, Leeds, on the oceasion
of Her Majesty's late Visit.
SCIENTIFIC IN PRINCIPLE: SIMPLE IN CONSTRUCTION: EFFICIENT AND HEALTHY IN USE.
It is frequently affirmed that the use of Gas is un- healthy. Many Gus Stoves are so; but this arises, not from the fault of its use, but from the im- perfect manner of combustion. The principle of the present newly invented Stove is that, in an inner chamber of wire-gauze, the gas is made red-hot, and thus expanded to a sixfold volume. Passing into contact with the air, it enters into the state of combus- tion, and by means of the full draught of air supplied — equal to 10 feet to 1—this is rendered complete. Thus it follows, that less gas is used, no anpleasant and deleterious smell can be caused, and the ventilation of the entire apartment is admirably rendered.—Vide SocreTy OF ARTS JOURNAL, Oct, 16, 1858.
FOR THE OFFICE, THE STUDY, OR THE HALL,
It will be found the most convenient and comfortable stove a introduced. Portable,—requiring no flue, —may be lighted for any time, and safe under every circumstance. The New Greenhouse Stove at 18s.
PATENTEE AND SOLE MANUFACTURER, F. X KUKLA, Gas Exerveen,
194 Pentonville road, London, Manufacturer of the Gas Cooking-Stove without flue,
for boiling, &c.: for 12—Price 3/ Orders by post will receive prompt attention
N.B. Every Stove separately tested before sent ou‘
31
EXPORTS TO AUSTRALIA AND EALAND from the PORT of LONDON Full particulars, —— description, marks, value, and shippers’ names, published in the AUSTRALIAN and NEW ZEALAND GAZETTE, every Saturday, price 6d, free by post. London: Algar and Street, 11 Clement's ow E.C. Trade supplied by Tweedie, and Kent
oO.
ir , r P n" ¥ fiXPorTS TO THE CAPE, ALGOA BAY, and NATAL.—To Merchants and Shippers.
—The CAPE and NATAL NEWS, issued monthly, gives particulars of Exports, with marks, description, ee ae ae name, of all goods shipped from @ port o on to the above places.
free; annual subscription, 6s. vt re London: Algar and street, 11 Clement's lane, E. C.
\LENFIELD PATENT STARCH USED IN THE ROYAL LAUNDRY.
The Ladies’ are respectfully informed that Starch is EXCLUSIVELY USED inthe ROYAL LAUNDEY, and Her Majesty's Laundress says, that although she has tried Wheaten, Rice, and other Powder Starches, she has fond none of them equal to the GLENFIELD, which is T HE FINEST STARCH SHE EVER BSED.
Wotherspoon and Co., Glasgow and London. ——witueacintetenbtaimenenietieraamitin Lt ee ks ’ No ¢€ oO ILNERS 212° HOLDFAST AND FIRE-RESISTING SAFES, non-conducting,
vapourising, compensating, double, treble, quadruple chambered, with all the improvements under their qua- druple patents of 1840-51-54-55, including their gunpow- der-preot, drill-proot, hard steel plate covered unpickable solid locks and solid lock-cases and doors, without which no sate is secure, have been publicly tested in every large town, and have protected their contents in hundreds of cases of destructive fires and attempted rebberies. The strongest, best, and cheapest safeguards against robbery and fire. Upwards of 50,C00 of Milners’ Holdfasts keep the cash, books, deeds, plate of Liverpool, Manchester, Glasgow, Leeds, Bradford, Belfast, &c.—Milners' Phenix (212°) Safe Works, Liverpool, the most extensive and complete in the world, employing nearly 500 men, #ssisted by powerful, original, and elaborate m ’ and 70-horse steam power, producing more Safes than all the other safe-makers together, and just enlarged to accommodaie 1,000 workmen. Always open for inspec- tion. Circulars free by post. Milners’ London depot, 47a Moorgate street, City.
MAPPIN'S “ SHILLING” RAZORS, warranted good by the Makers, Shave well for
Twelve Months without Grinding MAPPIN'S 2s RAZORS Shave well for Three Years MAPPIN'S 3s RAZORS (suitable for Hard or Soft
Beards) Shave well for Ten Years. MAPPIN BROTHERS, Queen’s Cutlery Werks
Sheffield; and 67 King William street, City, London, where the largest Stock of Cutlery in the World is kedt
M4? PIN’S ELECTRO-SILVER PLATE and TABLE CUTLERY.
MAPPIN BROTHERS, Manufacturers by Special Appointment to the Queen, are the only Sheffield makers who supply the consumer in London. Their London Show Reoms, 67 and 68 King William street, London bridge, contain by far the Largest Stock of Electro- Silver Plate and Table Cutlery in the World, which is transmitted direct from their Manufactory, Queen's Oatlery Works, Sheffield.
12 Table Forks, best ualit seeeceeceoes
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CE
eh OOCB 12 DessertSpoons,ditto 12 Tea Spoons, ditto.. _
CHYHA R®BANNIAARSA
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Complete Service ...\1013 10/15 16 6
Any Article can be had separately at
One Set of 4 Corner Dishes (forming 8 One Set of 4 Dish Covers—viz., one 20 inch, and two 14 inch—10i 10s; Cruet 248; Full-size Tea and Coffee Service, Book of Engravings, with on receipt of 12 stamps.
cocrooo oCOOFrrErKh CoOorSooSo SCORN HHH as aA HHOHSOOS SOP HOH Secceoae SooSSCOR -- Sto
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—————
32 SUPPLEMENT TO THE ECONOMIST. = .
SOUTH AUSTRALIAN BANKING COMPANY. —Incorporated by Royal Charter,
1847.—Letters of Credit and Bills nea Port Adelaide, and Gawler. Approvec D
business is also cenducted direct with Victoria, New South Wales, and also the other Australian Co'onies, through the Company's Agents.—Apply at 54 Old Broad
street, London, E. C. WILLIAM PURDY, Manager.
London, January 1, 1859, i
NOTICE OF DIVIDEND. “ > On BANK OF DEPOSIT,
No. 3 Pall Mall east, London, 8. W. The Warrants tor the Half-yearly Interest, at the rate
of 5 per cent. per annum, on Deposit Accounts, to the Slat Deo., are ready for delivery, and payable daily between the hours of 10 and 4.
PETER MORRISON, Managing Director. January 10th, 1859.
Prospectuses and forms sent free on application.
> r 2
HARTERED BANK OF INDIA, AUSTRALIA, and CHINA,
Incorporated by Reyal Charter. Manacer—G. U. Adam, Esq.
SrcrETary—J. C. Stewart, Esq. Lonpon Banxers—The City Bank-
The Bank grants drafts on its agencies at Calcutta and Bombay, issues letters of credit and circular notes, and at those Presidencies undertakes the charge of Goverament and other securities for safe custody, effects sales and purchases thereof, and draws and remits in- terest and dividends at the current rates of the day.
The Bank also receives deposits at interest, terms of which may be ascertained on i
20 Threadneedle street, London.
QRIENTAL BANK CORPORATION.
b al Incorporated by Roy: ’ Paid-up capital, £1,260,000; reserve fund, £252,000. The tion grant Drafts, and negotiate or
collect Bills payable at Bombay, Calcutta, Madras, ong, Singapore, Mauritius, Melbourne,
Sydney, A and en may be ascertained at their o! y Circular Notes and Letters of Credit for the use of Travellers by the Overland Route. They undertake the agency of connected with India. the purchase and sale of Indian Securities, the safe custody of Indian Government Paper, the receipt of Interest, Dividends,
and Poor effecting of remittances
Office hours 10 te8, Saturdays 10 to 2. Threadneedle street, London, Jan. 1, 1859.
HE AGRA AND UNITED SERVICE BANK (LIMITED): established in India, July,
18383. I by Letters Patent 1857. Paid-up capital 1,000,000/ sterling. Reserve fund 164.535i. Branches at Calcutta, Bombay, Madras, Agra, Lahore, Hon, g, and Shanghai.
‘ead Office—27 Cannen street, London, E.C. Current and floating accounts opened on same terms
as by other Uondon Bankers. Sales and purchases effected in British and Foreign
Securities, in Indian Government paper, &c.; and Army, aw and Civil Pay and Pensions, realised at the India ouse.
for Fixed Periods are received en terms particulars of which may be
Bills issued ‘at the Exchange of the .day, and free of any extra charge, on the Branches et the Bank. a Bills drawn against Funds, or upon Parties
purchased. Bills payable in India sent out for collection. For the convenience of officers and others desirous of
ha’ any sums of money, large or small, remitted from Europe to India, on payment thereof being made to the Head Office in Londen, the party will receive — ee at any Indian Branch, as may
» Hours of ‘business, 10 to 3; Saturdays, 10 to 2
ANK OF NEW SOUTH .WALES (Established 1847, Incorporated by Act ef the
Colonial Legislature in 1850, and confirmed by Her Majesty in Council), 37 Cannon street, City.
of Directors GRANT LETTERS of The CREDIT, demand, and BILLS of EX-
undermentioned
New Sourm WALzs. Ipswich Tamworth — Rocky River
ary uin i Deniliq
VICTORIA.
Castlemaine Reechworth Ararat
[BANS OF EGYPT.—THE Directors grant Letrers or Crepit, payable on
demand. (free of chapge), and negotiate approved Bitts or Excnaxer, on ALEXANDRIA and Caio. Bankers—The Bank of England and Messrs Glyn,
EDWARD CHESHIRE, Sec,
1NGLISH, SCOTTISH, AND AUSTRALIAN CHARTERED BANK.
Capital pba. Ov0l, LETTERS OF CREDIT ON THE BRANCHES are
GRANTED oa the most favourable terms. Bills on the Australian Colonies negotiated and sent for colicctien.— By order of the Court,
HENRY MOULES, Secretary. 73 Cornhill, E.C.
TWENTY-FIRST REPORT OF
HE UNION: BANK OF LONDON. —At a Half-Yearly Meeting of the Proprietors,
held at the Court room of the Banking house, 2 Princes street, Mansion house, on Wednesday, the 12th of January, 1859, Sir Peter Laurie, Alderman, Governor, in the Chair,
The following Report was read by the Secretary :—
The Directors have the pleasure of laying before the Proprietors the accounts of the Bank for the last half- year, ending 31st December.
It will be seen by the Balance Sheet appended to this Report, that notwithstanding the low value of money which has prevailed, the profits of the Bank, after pay- ment of all and including the sum of £7,495 83 7d, brought forward on the 30th June last, amount to £67,540 128 5d,
The Directors now declare a dividend for the last six months, at the rate of 10 per cent. per annum, anda bonus of 2} per cent. on the paid-up capital, being to- gether atthe rate of 15 per cent. per annum, clear of income tax.
After payment of the above, amounting to £45,000 there will remain a balance of £22,540 12s 5d to be car- ried forward for appropriation at the end of the financial year, in July next.
UNION BANK OF LONDON, 31st December, 1858.
Dr. LIABILITIES. £ ad Paid-up capital, £10 per share on 60,000
SDATED .....ccrcceceeersceeeserseessererseseee 600,000 0 9 Due to the Bank on current accounts,
deposit receipts (including interest accrued), cireular notes, &c.
Reserved fund, invested in Consols and New Threeper Cents.,aspercontra 165,000 0 0
10,911,365 12 11 81,212 1 2
10,146,365 12 11
10,998,577 44,1 £ sa
1,114,206 16.10
Cr. Assets. Cash in the Bank, at the Bank of Eng-
land, and at call Gevernment stock, Exchequer biils, and
City bonds ........0cecseeeeeee erocssscnsves 1,064,395 0 0 Loans, bills discounted, &c. ...... «++ 8,541,480 12 10 £171,371 1s 2d Consols (taken at 874,
present value being 964), and £15,564 48 14 New Three per Cents. re-
served fund 165,000 0 0 Bank premises, consisting of freehold
b gs in Princes street, Mansion house street, Argyll place, and Ficet street; and lease and fixtures of 4
esoorse 107,495 4 5
10,992,577 14 1
Dr. APPROPRIATION OF THE SURPLUS. Dividend on paid-up capital, for— £ s d
Half-year, to 3lst December, 1858, now declared...at 4 per cent. 30,000 0 0
Bonus now declared ...at 2} — 15,000 0 0
45,000 0 0
Carried to profit and loss new account, viz. :—Rebate of interest on bills not
once 13,671 8 9 eoseeee 22,540 12 6
$1,212. 1. 2 Cr. _——
Surpius, as above, after deducting all .e8d4 expenses and interest (£52,649 7s) paid or due to customers on their current and deposit accounts ......... $1,212 1 2
81,212. 1, 2
The Governor then declared a dividend for the past half-year of 5 per cent., and a bonus of 2} per cent, on the paid-up capital of the Company, clear of income tax.
It was resolved unanimously—
That the Report now read be agreed to, printed, and circulated among the proprietors.
That the best thanks of the meeting be given to Sir Peter Laurie (the Governor), the Deputy-Governor, and the Directors, for the successful manner in which
(Jan. il do, 185
NATIONAL DISCOUNT COMP, 4% (LIMITED),” 35+ Céenhill, “London.
Tpgrovec eevenieie bills diseoaneea for parties: perly intredaced. = + Aas
RI 85 Cornhill, Jan., 1859,
ln » J TATE FIRE INSURA® ) COMPANY, with which is he’ Fire Assurance Company.—Offices, hil 3 Pall Mall east, London. Capital, half-a-million, ””
Cnaramax—The Right Hon. Lord Keang Manacine Dmector—Peter Morrison, *
AcEents Wantep.—This Company not haviteus life business, the Directors invite agents acting om life companies to represent the Company for fire: glass, and accidental death insurances, to whom a commission will be-allowed. Every inform nished on application to the 7 39% London, E.C. WILLIAM CANWELL, Séchaum
’ TE ASCIDENTS ARE OF Dj OCCURRENCE.—Insorance data show thats
Person in every Fifteen is more or less injured by dent yearly... An Annual Payment of £8 ¥ Fixed Allowance of £6 per week in the event of fw or £1,000 in case of Death, . from Accidents of i Description, by a Policy in the RAILWAY Pasa GERS’ ASSURANCE COMPANY, which hag ain paid in compensation = Accidents £37,069, i
orms of proposal rospectuses may the Company’s effices, ond at all the pineal stations, where, also, Railway Accidents alone insured against by the j or year.
No Charge for Duty. CAPITAL ONE. MILLION,
WILLIA s Railway Passengers’ Assurance Company offig
3 Old Broad street, Lendon, E.C,
a
WATERLOO “LIFE ASSURANG COMPANY, "
CarrtaL £400,000, Fully subseribed for by hundreds of persons highest character and respectability, whose n addresses are registered in the Government ( are algo published by the C any. ‘hae __Toenate of Polices by endorsement, witha charge, Moderate Rates of Premium. No extra Premium required in time: of p |
voyage to, or residence in, mest of the British Colials or many foreign parts. or Prospectuses and every additional informationm
obtained on application at the office of the © 4 re
SOUTH DEVON RAILWAY pt: ; ooubennate duvidens of 5 nt, annum until Ist March, 1965, and 44 oral num thereafter in perpetuity—to be add te: undersigned, w.c
Plymouth, December 6, 1858,
) ARIQUITA AND NEW GRENA MINING COMPANY.
The Seventh Dividend of One Shilling and & per share is now Payable at this office, ‘betwe hours of 11 and 4, on Mondays, Wedne Fridays. L. R. JONES, Se
2 New Bank buildings, Jan. 10, 1859.
nl ‘ REAT WESTERN RAILWAY} CANADA.—The Directors are prepared to
APPLICATIONS for the PERPETUAL STERB DEBENTURES of this Company, bearing interns the rate of 5 per cent. per annum, payable in Lom half-yearly, on the Ist February and Ist Angus’ convertible into the shares of the Co at any time prior to August 1, 1863, and at the rate! five 20! 10s shares for each 100? bond. wf
Also for the MORTGAGE BONDS, bearin at the rate of 5} per cent. per annum, and ; in 1878,. but without option of conversion, intel payable in London half-yearly, on the 1st of ist Octeber.
Both these securities are authorised an act of th
bende of the Compeny ems 07tnet eangupriiail 80 are a / the railway tells, enka, and other property, r tioned by a general meeting of the shareholders hek London on the 7th April last, for the of raiaia the funds required to repay the of the lo oe the Company by the Provincial Go’
anada.
)
“a ‘a
to
B CKSTONE BAKER, Secreti 126 Gresham house, Old Broad street, Sept. 13, :
PARTNERSHIPS NEGOTIATED Mr Robinson is instructed by several G
for Gervas Robinson, Public Accountant and Auditor, 140% Jewry chambers, E.C.
LONDON :—Printed and published by Davip Arp)‘ 184 Exeter street, Strand, a of St Covent Garden, atthe 340 § parish of St Mary~-le-Strand, in the county of dlesex,—Saturday, January 15, 1859,
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9,199,181 132,
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Enctanp AND WALES,
i ialigvegiowete qcacoee secceoees HOP8c0.ss-eeecrervenernees eesesersressneneees
alt—Charged with duty “Used in beer exported (estimated) Free of duty for distillation and exportation .
© PERC" BUUMSCTAIEG APLCICS £ 124,000,920 1VUO,08V, 500
Bpirits—Charged with duty ...-.ccceereereeereerrers s+. Zals Free of duty for exportation ....ccccecccccerersreseereer
Total FEOee COOPC OSE e erase er eseEebeesreresoreons beeseoes oes
Unenumerated Articles ......... All Articles......
4 Vat UCCISt
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bun che bendiiadas one si scinhsigeniaiainaiiliaiiepiaennnticieiiaael
\Malt—Charged with duty ...... seiggbcotbooeesocs bushels Usee. in beer exported (estimated) .............s.0eeeee Free of duty for distillation and exportation......s0.e0
Total COTO eC CO ORE OMe eee EES EDs seeeeees
990,900 187,062 96,733
¥e1i,ZaV 184,124 123 ,648
Spirits—Charged with duty....... Seccocesacscescesoceees gals Free of duty for exportation ....0....cscsessssees Sh scapeal
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‘Spitits—Charged with duty............ oocues Free of duty for exportation ......
TNA 4 Docsscz Reb chs acSe eaGeauSeakks ; 1 cenanadadenesis 444,109 161,593 803,982
ERMIPOE! chin svevevcdocs ccveus ice saudi odtsis tects sebviweserive cd HUD Sogar (home-made)-.......000...00... Webectbine sesesee aS .cwts
441,037" | 132,729
688 |
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Malt—Charged with daty..........05...060 ..-bushels Used in beervewported "(estimated )viciiscusescee ees Free of duty for distillation and exportation
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Total PORDOR See VE ORE ETD CORON Cede eedOureDeEeereeeesin’ vee
‘Sugar (home-made) COC e ee ee SHEROEEDEVSEE TA See reeves seses
—
TF OSSeSSIONS IM SOUCD AAICICA...ceeee East Indies......... Australia
..| 38,000,871
12,878,423
THE ECONOMIST.
EXOISE.
Charged with Duty and Free of Duty.
1857
i
47,717,561
37,262,562 738,309
10,916,517 1,961,906
142,076,282] | 142,860,168
1,277;022
3,984;745
5,261,767
7,180;199 1,962,203
9,092,402
41,673,595 eased 2;133;047
1,758;929 9455894
2\704;823
6,922,435 447,714
7,370,149
7,971,743
47,717,561
40;298,613 5;668,948
..| 45,967,461
24;969)151 4,371,823
-| “29,340,974
191,721,620 ooo
88,618,116
11,714,827]
BTiS SIO tn ff
2,896,678
6,698,636
46,654,986
|
1858
53,125,101
$8}073,119 544,997
10,448,572 1,266,255
|
1,489,873) 3,700,319)
5,140,192)
| 6,836,037 |
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6}402,142 291,494)
7,875,027)
53,125,102
41j605,665, /
5,049,321
‘23,686,751 3.271 7:
26/958,473
Countries on Drawback
12853717} 1,380,727
124;486
2\061;579
Exported to Foreign
and Free of Duty.
1858 1857
1)480,104| 4,176,315}
} 1066958 1,105,622! } 218,759| 275,108
108,953) 35,870,
102,183 22'308
144,823)
99,376 1,962,203
54,158} 1,713,973
1,768,232
3,099,395!
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| 11,789| - 25,720! C53 7,688)
11;789| 23,663)
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18;332| }
4,123
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1,450,104] 4,177,251
1180930 241,062} 318,663)
1,421,992 rn
818\715| 474139) 4:371,823| 3.2723722|
| 5;190,538| 3,745;861
192,847,825}
10;199;567
5,187;281
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1857
46,267;457
36,195,604 5195550
36,715,154
10;199;567}
79
iQuantities of the several Articles charged with Duties. of Excise; and Free of Duty; the Quantities Exported; and the Quantitie g 8 Retained for Home Consumption, in the Year ‘ended Decémber 31, 1858, compared ‘with the Year 1857.
Retained for Home Consumption,
1858
48,948,786
36,967,497
269,892
37,237,389
10;028,591
10,028,691
128;182,389} 128,929,067
1,174,839 33962,442
7,030,823
7,030,823
39540;648
46,267,457
39,117,583
24,150;436
175;990;557
1,880,820 3,664,449
4,995,369
6,781;879
6;781,879
39,513,235
2,076,698
796,317
2,873,015
6,402,142
6,402,142,
'73856;695.
48,947,850
40,875,115 4,730,658
45,105,773,
23,212,612 wee
23,212,612
176,298,997
80
Countries to which Exported. Foreign.
Russia, Northern ports .. Southern ports
tees. .cicchabonten sever, cosainnen scebse Norway. . Denmark (including Teeland) shoes thas Prussia ......--:b000 Mecklenburg at TERONET. .. convinncncope sess Oldenburg Hanse Towns ...... Holland Belgium France .. Portugal, Proper
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Western Coast of Africa ..............- Eastern Coast of Africa (Mozambique) Africaii Ports on the Red Sea ......... Cape. Verde Islands...............sssseaes Bourbon . I ered cncsn bn. es leibel hnccnsesan
| French Possess. in India (Pondicherry Portuguese Possessions in India (Goa
NAA nchnnk sbbadinsoedinnkian ctehnsly cutee Philippine Islands ..................ss000 Ladroue Islands (Guam) ............... Other Islands of the Indian Seas
IIIA Biore chs naposcnssshaetarcnane China (exclusive of Hong Kong) South Sea Islands .................000000 Foreign. West Indies (including Haiti)
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SINDEN: wns dcoscrssencscogpastives coceeee SERINE DUUDINEEA.. . aks osuendbnapnpsoces
BI, oo. csscabe Sele oe Siinatiiihhean bee Tonian Islands ... . .......... .... aseadene Western Coast of Africa rence Cape of Good Hope..... .:....... Natal fie ASCENGION.....00..2ec0000-00., St Helena.............. Mauritius ........... Aden....... sdibenienpntiinnncecortimenthiinie British Territories in the East Indies
(exclusive of BR and Ceylon) Singapore............. SUPT imausvilibvesacensesscoscthlictnokeesces Hong Kong
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1847.
£ 2,828,287 270,532 559,699 441,704 886,760
1,741,044 71,806
1,637,741 51,910
9,595,962 6,384,394 1,727,204 6,213,358 1,458,321
61,452 49,314
2,012,528 108.010
1,350,210 807,069 318,797
1,088,982 1,112,559 200,666
3,107.401 201,466 703,375
1,899,289 893
1,982 19,406 148,809 787,520
2,072 5,232
16,540 175 526
3,060 140
744,492 534,234
330
1,728,885 91,827
3,079,508 United States (Ports on the Atlantic) 18,552,857
"433,082 567,311 313,371 550,730 377,711 23,731
5,541,710 515,902
1,287,006 1,520,678 1,171,864
Total to Foreign Countries ...... 84,911,419
539,768 655,661 458,547 253,202 370,814
1,720,092 140,546 13,374 29,267
663,554 7,367
11,666,714 896,282 516,657 721,097
eee
1858. £
2,728,398 367,880 428,161 295,281 595,370
1,975,437 59,358
1,682,842 61,583
9,024,435 5,456,423 1,812,636 4,861,558 1,482, 159
64,140 52,062
2,071,089 107,869
1,174,480 936,519 409,475
1,569,296 1,297,355 249,792
4,256,406 175,984 760,523
1,985,823 22
4,520 20,505 84,056
691,425 1,927 4,525
14,725
8,997 830
881,871 541,570
468 1,730,782
67,435 2,590,258
.. 14,013,983 496,633 414,811 393,074 505,739 316,722 26,883
3,981,264 518,556
1,008,444 1,117,573 1,159,455
. 76,389,337
282 508,443 853.738 432,979 338,01] 263,)93
1,502,607 100,770
6,917 34,960
601.899 36,899
16,782,515 961,034 540,700
1,146;356
THE ECONOMIST: EXPORTS OF BRITISH AND IRISH PRODUCE AND
_ MANUFACTURES. .
An Account of the, ‘Declared Value of British and Irish Produce and Manufactures Exported fromthe United Kingdom to each Foreign Country, and British Posstssion in the Year ended 31st December 1858, compared with the Year 1857 :
[Feb. 19, 1859,
Countries to. which Exported. 1857. 1858, British Possessions. £ £
Australia :— West Australis. ..6...secrconnsdecevoess 65,740-. ... 82,244 South Australia ............. casennes 913,117... 979,616 New South Wales ...... ..s.-ssssseeee 3,130,709... 2,919,395 ViOOFIE 20. .ce sconces seerereeeessoeeseces 6,649,286... 5,419,954 We. Tek aside <capeeccese: seocanse 509,242 ... 573,159 New Zealand ..........scssseerserere 364,480... -490;507
ee a
11,682,524... 10,464,195 ae ———
British North American Colonies...... 4,329,035 ... 3,159,055 British-West India Islands ......... +» 1,880,413 1,791,981, British Guiana....... ss cada aenen y andulinen 518,628... 461,768 Honduras (British Settlements)......... _ 156,877 136,7; Falkland Islands.........0.... sssseee bases 4,269 iy
37,154,688 —_—_—
s. 40,224 994 —-—
Total to British Possessions...........
Total to Foreign Counties ‘and British Possessions......... pagar ee -+«116,641,33]
VESSELS EMPLOYED IN THE FOREIGN AND COASTING
TRADE. OF THE UNITED. KINGDOM.
An Account of the Number and Tonnage ot Vessels, distinguishing the Countries to
which they belonged, Entered Inwards and Cleared Outwards with ( ,
(including their repeated Voyages) in the’Year ended 318t December, 1858, ‘com. pared with the Yeers 1856 and 1857.
CounTRixs To WHICH THE VESSELS Eyaxaxp Inwanps. BELONGED.
1857 1858
Ships Tonnage} Ships Tonnage Ships ,Tonnage United Kingdom and Dependencies 18258, 5085910, 19091 5418090 19256) pei
118; 27232; 169 «= 43000 Sweden .. 531} 97870) 549) 98122 70 Ae Norway . 2259) 468744. 2080. 450336, 2187 Denmark 2055' 194686, 2511 244047 Prussia .. ...c.. +>} 1238; 2963638 1353 319196 Other German States. «| 1846 287143. 2075. . 314421, ‘T3961 Holland . eenséaneee -| 1210, 169097 1248 177431, 1228) 171738 Belgium..... 208 51082 237 65629 170} 39724 France . 846; 50136, 1122 90088 2716) 238541 Spain ..... 220 43089) 288) 65713 251). Baa Portugal. T21; 20882; 116 19710 127) 19169 Ttalian State: I 46915! 482 142510, 706) 204403 Other European States . aes 16607 95 26919 131) 35174 United States of America .........0-+- | 14471 1378631, 1250, 1Lssee 1276; 1186961 Other States in we — or |
ABSIB 00000 cecccccceces coscesscs ess covcosses se 22) 7316) 32 12454 17} 6480
- 30604 8241703 32693 8732180 Total ....00. 34591 8816133
CLEARED OUTWARDS. |
a
“Moan Tiameperte: with Government stores, &c., are uot included in this return.
An Account of the Number and Tonnage of Vessels, distinguishing British and Foreign,
employed in the Intercourse between Great Britain and Ireland and otherwise,
Entered Inwards and Cleared Outwards,. with .Cargoes,. at Ports.in the United
Kingdom, inthe Year ended 31st December, 1858, compared with the: Years 1856 and 1857.
ENTERED INWARDS. VESsELs.
1857 1858
|Ships Tonnage ‘Ships | Tonnage “Ships, Tonnage Employed between Great Britain)
and Ireland :—British 31257) 4627260 33037 5081571 a1715) 5026051 Foreign ...... 77\- 15045. 76 18501 11951
Other — vessels: Bri o 119841) 10536495 117809 10744272 1463 10631886 Foreign ... aaa “| 230) 38444. 243, 3688), 254), . 40968
Totaler.....+0 150905! 15217244 151165 "15826202 146401 15710856
| Crearep OUTWARDS. we
Employed between Great Britain) | 4583895| 32461
TOtAleosesesssser een penroncce 155376) 15813684 155859 16039302, 151995 15860991
LONDON :—Printed and Published by Davrp Arp, ef 18} Exeter street, Strand, in the'parish of St Paul, Covent Garden, ‘at the Econom! ‘st OFrice, 340 Strand, in the parish of St’ Mary-le-Sirand, in the.county of Middiesex,—Saturday, February 19, 1859.
Fy
|
United Kingdom and Dependencies, 23973 5885169 24834 6204198 23455 5873986 |] Riss. castitbatinnenedtiitinasnetienitiahn 97° 21046°° 178, 44131 242 72268 \})
Sweden ..... 652 125726 714 134781 798 1390801) IIE cncnpcntiaititersibtiedsssenctell 1795 339400 1695; 830078 1379 ae t Denmark 2706 ° 258543 ° 3141) 316625 °° 2999 1 BURGNEA:. jes. cconcchsonnccccestil 1395 326163 1561) 354412 1377 325460 |} Other German States ..:...10.....0+s-e0s) 2877 408408 - 3215), 472133. 3450) 546N07 Holland . 1535 230699. 1810) 309985 1811, 275475 Belgium. 315 76206 324) 78257. 259° 61940 France . 3682 361879. 4410); 473859 4294. 455953 Spain .. . 268 50368 269) 68501 265 67650 Portugal... 154 26839 155, 27139 124 21304 Italian States.............-..... ie 255....76046... .709}..213343, 901. 260087 Other European. States ........ 86 25186 30) 8800 139 36725 United States of America .... «| 1541 1441664 1334) 1295934 1308) 1229171 Other States in America, Africa, or |
ABIB i.e 020 00000 warecepecoees cocsnaace 24 9176 21 8133 16) 6169
MOG) aancsichscnhnhenidaiccisicehs 41355 9662513 4440110540399.’ 49834" 9996705
and Jreland:—British ......... 30827 4942133, aes 4969639 Foreign | ....... sorce}s> 108 18904, 109. 18668} 14241
Other coasting vessels: — British. 124322 1068947 7123068 11104244 seeens 10888860 Pe 126) 21408) 221 34357) 242 38251
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