The Present Depression in Trade Its Causes And Remedies the Pears Prize Essa

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The Present Depression in Trade Its Causes And Remedies the Pears Prize Essa
Edwin Goadby
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In 1881 they are not distinguished. The surplus labour of our farms has flocked into the towns, lowering unskilled wages. During these terrible times, farmers have been paying rents out of caj)ital. The Agri- cultural Commissioners did not think that the rise in rents prior to 1875 had been marked. The weight of evidence is the other way. Mr. John Clay j)ut the increase for 18 years, prior to 1882, as 21 jjer cent. Sir James Caird calculates that, between 18G7 and 1877, English rents rose £5, 8...10, 000, or 11 per cent. The following tables are from the Economist, and based on Schedule B ; — The Risk. 1852-3 to lb79-&0.
England and 10, 468, 347—25-4 per cent.
Wales. Scotland. . 2, 362, 243—43-6 „ „ 12, 830, 590—27-5 „ The Fail. 1879-80 to 18a2-3.
3, 356, 563—6-5 per cent. 204, 054—2-6 „ 3, 500, 622-6-0 „ „ ITS CAUSES AND REMEDIES. IT Correctod figures for later years, and other amendments, would most likely reduce the rise to 25 per cent. , and increase the fall to 10 per cent.


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