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ONE-SIDED FREE TRADE.
21
We thus see that while the material condition of our population has steadily improved, their moral and intellectual condition has also advanced in a remarkable degree.
One of the signs of improvement is in the matter of thrift. Take the Savings' Bank figures:—
5.—Thrift.
In | 1841 | the deposits | were | ... | ... | ... | £ | 24,474,689 |
„ | 1851 | „ | „ | ... | ... | ... | 30,277,654 | |
„ | 1861 | „ | „ | ... | ... | ... | 41,546,475 | |
„ | 1871 | „ | „ | ... | ... | ... | 55,844,667 | |
„ | 1879 | „ | „ | ... | ... | ... | 75,809,994 | |
„ | 1880 | „ | „ | ... | ... | ... | 77,721,084 |
6.—Bankruptcy.
In 1879 the insolvencies were in number 13,132, and in amount £29,678,000.
In 1880 the insolvencies were in number 10,298, and in amount £16,188,000.
7. Taxation.
Year. | Population. | Amount Raised. | Per Head. | |||||||
1865 | ... | 29,861,908 | ... | £ | 70,313,436 | ... | £ | 2 | 7 | 1 |
1870 | ... | 31,205,444 | ... | 75,434,252 | ... | 2 | 8 | 4 | ||
1875 | ... | 32,749,167 | ... | 74,921,873 | ... | 2 | 5 | 9 | ||
1878 | ... | 33,799,386 | ... | 79,763,298 | ... | 2 | 7 | 2 | ||
1880 | ... | 34,468,552 | ... | 81,265,055 | ... | 2 | 7 | 1 | ||
1881 | ... | 34,788,814 | ... | 84,041,288 | ... | 2 | 8 | 4 |
INCOME TAX.
1869 | Gross value| | of property and | profits assessed | £ | 434,804,000 |
1874 | „ | „ | „ | 543,026,000 | |
1879 | „ | „ | „ | 578,046,000 |
8.—National Debt.
In | 1870 | this was | ... | ... | ... | ... | £ | 797,943,660 |
„ | 1874 | „ | ... | ... | ... | ... | 776,107,783 | |
„ | 1880 | „ | ... | ... | ... | ... | 774,044,235 | |
„ | 1851 | „ | ... | ... | ... | ... | 768,703,692 |
Let us now take Banking and the Clearing House returns:—
9.—Banking.
June, 1880, | Deposits at | principal London Banks and | Discount Companies | £ | 105,000,000 |
June, 1881 | „ | „ | „ | 118,500,000 |