Inhaltsangabe
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1848. Excerpt: ... Rent of land in Lombardy and Venice. (From Burger's description. The metzen of wheat is calculated at 3 florins 33 kreutzer, or 4 florins 4 kreutzer in Friaul; the former = 33s. 6d. per quarter, the latter = 38s. 8d. per quarter, in the cases of corn-rents. Wine is valued at 3 fl. 5 kr. per eimer, = 6d. per gallon. M LECTURE III. PRODUCTIVE VALUE TO THE NATION OF THE COTTON MANUFACTURE. Estimate of the difference in pounds sterling of the sums accruing to the trade in Cotton Manufactures during the years 1845, 1846, and 1847, to pay for the expenses of Fuel, Machinery, Drugs for Dying, Printing, Bleaching, Interest of Capital, and every kind of Wages, Profit, etc., after deducting the actual cost of the raw material.--Trade Circular of bit Fay and Co. of Manchester, January 1848. The balance remaining to be distributed as explained in the above estimate was, for 1845, 34,927,719, 0r 76 per cent, on the value. 1846, 30,018,548, or 70 1847, 20,798,686, or 64 The addition of £ has been made as an equivalent for the superior descriptions of finished goods used in this country. The difference which the home consumption of 1845 and 1847 shows between a good and a bad year is very striking, amounting for England, in the single article of cotton, to £10,133,955. By similar savings in other articles of consumption, the high price of bread and the deficiency of wages had to be made up. Wages cannot otherwise than decrease under such circumstances; but what becomes of profits? Had the price of the raw material been kept down by a supply from the East Indies, there would have been a sum of three millions of pounds sterling to spend in manufacturing processes in 1847. Taking it roundly, it may be said that the home consumption of our cotton manufactures av...
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