The Reciprocity Craze a Tract for the Times

Cover The Reciprocity Craze a Tract for the Times
The Reciprocity Craze a Tract for the Times
George Webb Medley
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.. 774, 044, 235 l, , . .. 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 e > J >, u8, 5oo ; ooo 22 THE RECIPROCITY CRAZE. BANKERS' CLEARING HOUSE. In 1870-71 the total Clearing was ^4, 018, 464, 000, , 1878-79, , . . , , 4, 885, 091, 000, , 1879-80, , . . , , 5, 265, 976, 000, , 1880-81, , . . . 5, 909, 989, 000 Do any of these figures give one an idea of decay ? Let us now... look at our Railway traffics : 10. RAILWAYS. YEAR. 1870 1875 1879 1880 MILK-, OPEN. 15. 537 16, 658 17, 696 17, 945 No. OK PASSH N 330, 004, 398 506, 975^34 562, 732, 890 603, 884, 752 TOTAL RECEIPTS. . ^45, 078, 143 5^982, 753 59, 395282 61, 958, 754 PER MILK. ^2, 794 3, 541 3>356 3>453 Here again we have to notice the effects of the depression, and the indication of a fresh start, which the figures of 1880 afford. There is one thing, however, to be noted. Considering that since 1875 some 1, 300 miles of comparatively unproductive lines have been built, we cannot but see that an enormous advance in the general prosperity has taken place in this department also.

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