Page:Stryker's American Register and Magazine, Volume 6, 1851.djvu/351

Rh Divided thus:

Tons.

Wrought and unwrought. . 1,059,608

Hardware and cutlery, do. . . 402,993

1,462,601

Wrought and unwrought, home use 1,059,608 at £958 = £10,151,544

Hardware and cutlery. . 302,192 at 1,136 45,780,000

Total home consumption .... 55,931,544

Total value exported. . £'7,60'7,'760

Of which to British possessions. 1,236,522

1,236,522

Leaves for foreign parts. .6,371,238

British consumption ... . ... 57,168,066

Add foreign .... .. ... 6,371,238

Value of iron trade, 1847 63,539,304

The whole material is the produce of the British soil and British labor. Besides persons immediately employed in the greater branches of the manufacture (47,554 are engaged in mining), 323,681 individuals in Great Britain are engaged in different trades of which iron is the staple.

The export to the home consumption is only about one tenth. In 1846, 147 tons iron were manufactured into 300,000,000 steel pens, which, at the value of one eighth of a penny each, would amount to £166,250.

return has been printed, showing the public income and expenditure, the taxes imposed, repealed, or reduced, and the imports and exports, from 1822 down to 1850, both inclusive. It appears that in 1822 the revenue paid into the exchequer was £54,135,143, and the expenditures amounted to £49,891,225, leaving a surplus of £4,744,518. In 1826 the revenue was £50,241,408, and the expenditure £50,887,328, leaving a deficiency of £645,920. In 1827 there was a deficiency of £826,675; in 1831, of £698,858; in 1837, of £655,760; in 1838, £345,227; in 1839, of £1,512,793; in 1840, of £1,593,971; in 1841, of £2,101,370; and in 1842, of £3,979,539. In 1843 there was a surplus of £1,443,604; in 1844, a surplus of £3,356,105; in 1845, of £3,817,642; in 1846, of £2,846,308. In 1847 there