', >•• ■■•'■■■ ft mtim\ Digitized by the Internet Archive in 2007 with funding from Microsoft Corporation http://www.archive.org/details/cyclopaediaofcomOOwaterich A CYCLOPAEDIA OP COMMERCE, MERCANTILE LAW, FINANCE, COMMERCIAL GEOGRAPHY, AND NAVIGATION : BY WILLIAM WATERSTON, MERCANTILE AGENT AND ACCOUNTANT. CORRECTED AND IMPROVED, WITH A SUPPLEMENT, BY P. L. SIMMONDS, AUTHOR OF "A DICTIONARY OF TRADE PRODUCTS, ETC." EDITOR OF "DR. URe's PHILOSOPHY OF MANUFACTURES, AND " HISTORY OF THE COTTON MANUFACTURE." LONDON: HENET a. BOHN, YORK STREET, COVENT GARDEN. 1863. \tf t)\ **S* PREFACE. "Wateeston's Cyclopaedia of Commeece is in my estimation one of the most reliable, authentic, and complete of the portable works of reference at present before the public, whether regard be had to the descriptive articles of places and Trade Products, or to those on Finance, Law, Shipping, and Commerce. Various important changes have however taken place in Manufactures and Commerce, Colonization and Legislation, since the work was first published twenty years ago. Many new trade articles, such as alpaca, mohair, guano, gutta percha, vegetable wax, &c. have been introduced and risen into considerable importance, and he general commerce of the United Kingdom and other countries has vastly increased. Various important alterations have been made in the boundaries and divisions of States in Europe, Asia, and America; Emigration and Colonization have been largely extended; new and important manufacturing industries have sprung up, and old ones raised to a position scarcely dreamt of in former years. The textile manufactures alone have become gigantic in their several features of raw material, capital, machinery, and labour employed. Navigation, especially aided by steam,, has been greatly extended and facilitated. The gold dis- coveries of California, British Columbia, and Australia, have had a great effect on Commerce and Colonization. International Ex- hibitions have been held from time to time in various countries, where exhibitors have competed with each other in the production of novelties and articles of excellence. These and numerous other influencing causes, and among them the extensive adoption of free- trade measures, have widely extended the range of Commerce and led to a great development of manufactures and raw products in this and other countries of Europe. The original work was placed in my hands with the view that I should revise and bring down the information to the present time. In a stereotyped work it is often difficult to expunge and re-write the information of the several articles. A supplement therefore appeared the best mode of accomplishing the desired object, and this has accordingly been adopted for such articles 235114 ACC 2 ACC tional acceptance, but if he do so, he will be held to have made his election. To preserve the responsibility of drawers and indorsers entire, notice of a condition to an acceptance should be immediately sent them. By 1 and 2 Geo. IV. c 78, the acceptance of inland bills must be in writing on the bill. This applies to bills which are both drawn and accepted within any one of the three divisions of the empire. A similar rule applies to all bills, whether foreign or inland, in Scotland. Foreign bills in England and Ireland may be accepted verbally, or by a writing apart. A notification that the bill has " been presented " or " seen," or a statement that " it shall meet with due honour," is sufficient. By custom, the drawee is allowed twenty- four hours, or till next day, to consider whether he shall accept, unless the post leave in the interim. If acceptance be refused or delayed, a protest should be taken, — in any part of the empire in the case of a foreign bill, and in Scotland in the case of either an inland or foreign bill ; and notice should immediately be trans- mitted to any party liable, intimating the non-acceptance, and that recourse is to be had against him. In Scotland, though acceptance must be made by signature on the bill to give it the legal privileges, an action against the drawee may be grounded on a separate engagement to accept, especially if a third party has ad- vanced money on it ; and if the drawee has funds of the drawer in his hands, presentment and protest for non-acceptance with notice, will operate as an assigna- tion of them. [Assignment.] Acceptance cannot be withdrawn after the bill is returned to the holder. A bill may be accepted by procuration, but the holder is not bound to tako such acceptance, unless a clear and express authority from the principal be pro- duced. Acceptance is held a recognition of the drawer's signature, so as to preclude the acceptor from pleading against an onerous holder that it is forged ; but it is not held an admission of an indorser's signature, though the acceptor must be con- sidered bound to notice any condition attached to an indorsement. In England, a collateral undertaking may be constituted by a second acceptance, that is, an en- gagement to pay the bill if it is not honoured by the first acceptor. In Scotland, a second acceptor is primarily liable with the first, and thus one who signs a bill with a view of being a cautioner merely, will be liable as a principal acceptor. The payee, by accepting, transfers the debt from the drawer's shoulders to his own : he is thenceforth considered the party liable ; and after the bill is in circulation, when it is paid, it is presumed to be with the acceptor's funds. Although the bill were not drawn for value, the acceptor is presumed to have had value for it, and he can only redargue the presumption by evidence, which in Scotland must be written, unless it be admitted by the party on oath that there was no value. Acceptance for Honour or Supra Protest is an engagement to pay the bill if not paid by the drawee, entered on after it is protested against the latter for non- acceptance. It is performed by a party who professes to be under no obligation to accept, and for the purpose of preventing the bill from being returned dishonoured. It may be by a third party, in the absence of, or on the refusal of the drawee, or it may be by the drawee himself, who refuses to accept the draft of the drawer, but accepts for the honour of an indorser. The drawee may even refuse to accept the bill absolutely, and may then, after protest, accept for honour of the drawer. The acceptor for honour only renders himself liable in a recourse, in case of non-payment by the proper party, and so the bill should be presented to the drawee for payment when it falls due, notwithstanding his refusal to accept it. The acceptor for honour has recourse against the person for whose honour he has accepted, and succeeds to whatever claim that person may have against the drawee. Uiayley on Bills, 171-215. Chittv on Bills, 307-383. Thomson on Bills, 329-368.) [Accommodation Bill. Bill. Notice. Presentment. Protest.] ACCOMMODATION, a significant term applied by merchants to the credit fabri- cated by means of a bill of exchange, drawn solely for the purpose of being dis- counted, and not sanctioned by an actual sale of goods. Such a bill is called an accommodation bill, also a wind bill, a kite, or a fictitious bill. Accommodation bills are of various kinds. The following description of one may suffice : — A being in want of £100, requests B to accept a bill drawn at two months, which B there- fore, on the face of it, is bound to pay ; it is understood, however, that A will take care either to discharge the bill himself, or to furnish B with the means of paying it. # A obtains ready money for the bill on the joint credit of the two parties. A fulfils his promise of paying it when due, and thus concludes the transaction. In general, accommodation bill transactions are carried on for the joint benefit of the parties, by means of cross acceptances, or bills mutually drawn, accepted and exchanged ; and where two names are not enough, others are obtained sufficient to ACC 3 ACC give currency to the bills. The payment of these bills is, among needy men, pro- vided for by their again reciprocally drawing upon each other ; and this is repeated until the system of expedients failing, bankruptcy sooner or later overtakes the principal parties, and, not unfrequently, all who are brought within the circle of their operations. The loss of credit which the use of accommodation paper, when once perceived, generally occasions, — -the expense of stamps, and higher rates of dis- count, and particularly the double liability for the sums for which cross acceptances are given, should deter the respectable merchant from having recourse to this dan- gerous expedient. But it must be admitted, at the same time, that where, from some unexpected event, or commercial revulsion, a merchant is unable to bring his commodities to a fair market so as to meet his payments, his credit may be saved by the temporary assistance of friends, through the medium of bills, and he may be enabled to hold his goods till some proper opportunity of sale presents itself ; and (although such contingencies cannot be too anxiously guarded against) there are perhaps few who have transacted business long and extensively, who have not, iticular times, received support in this way. It is sometimes said that real bills represent real capital, while accommodation bills are a species of false and delusive wealth, which supply only an imaginary capital ; but this supposition, Sir Thornton remarks, is ' ' one by which more than justice is done to one of these species of bills, and something less than justice to the other." 4i The notes given in consequence of a real sale of goods cannot be considered as on that account certainly representing any actual property. Sup- pose that A sells £100 worth of goods to B at six months' credit, and takes a bill at six months for it ; and tbat B, within a month after, sells the same goods at a like credit to C, taking a like bill, and again that C, after another month, sells them to D, taking a like bill, and so on ; there may then, at the end of six months, be six bills of £100 each existing at the same time; and every one of these may possibly have been discounted. Of all these bills, then, one only represents any actual property."" " In order to justify the supposition that a real bill (as it is called) repre- sents actual property, there ought to be some power in the bill-holder to prevent the property which the bill represents from being turned to other purposes than that of paying the bill in question. No such power exists ; neither the man who holds the real bill, nor the man who dis- counts it, has any property in the specific goods for which it was given: he as much trusts to the ability to" pay of tlie giver of the bill, as the holder of any fictitious bill does. The fictitious bill may, in many cases, be a bill given by a person having a large and known capital, a part of which, the fictitious bill may be said, in that case, to represent." '• We come next to some points in which they differ. First, The fictitious note, or note of accommodation, is liable to the objection that it professes to be what it is not. This objection, however, lies only against those fictittous bills which are passed as real. In many cases, it is sufficiently obvious what they are. Secondly, The fictitious bill is in general less likely to be punctually paid than the real one. There is a general presumption that the dealer in fictitious bills is a man who is a more adventurous speculator than he who carefully abstains from them. It follows, thirdly, That fictitious bills, besides being less safe, are less subject to limitation as to their quantity. The extent of a man's actual sales forms some limit to the amount of his real notes ; and as it is highly desirable in commerce, that credit should be dealt out to all persons in some sort of regular and due proportion, the measure of a man's actual sales, certified by the appear- ance of his bills, drawn in virtue of those sales, is some rule in the case, though a very imperfect o ie in many respects." " A bill of accommodation is evidently in substance the same as any common promissory note ; and even better, in this respect, — that there is but one security to the promissory note, whereas, in the case of the bill of accommodation there are two. So much jealousy subsists lest traders should push their means of raising money too far, that paper, the same in its general nature with that which is given, being the only paper which can be given by men out of business, is deemed somewhat discreditable when coming from a merchant." " Bills of exchange are drawn upon London to a great amount, from all parts, not only of Great Britain, but of the world; and the grounds on which they have been drawn in a great degree elude observation. A large proportion of them, no doubt, partakes of the nature of bills of accommodation. They have, however, in general, that shape communicated to them, whatever it may be, which is thought likely to render them discountable ; and it is not difficult to make use of some real, and, at the same time of many seeming transactions of commerce, as a ground for drawing, and as a means of multiplying such bills." The operation of drawing and redrawing bills may obviously be carried on betwixt mer- chants in London and others abroad, " partly for the purpose of raiding money, and partly for that of profiting by a small turn in the exchange. Transactions which are the converse to this, are on the other hand entered into by those who happen to possess ready money. They remit, if the exchange seems to favour their remittance, and draw in consequence of having remitted. To determine what bills are fictitious or bills of accommodation, and what are real, is often a point of difficulty. Even the drawers and remitters themselves frequently either do not know, or do nit take the trouble to reflect whether the bills ought more properly to be considered as of the one aba or of the other ; and the private discounter or banker to whom they are offered, still more frequently finds the credit of the bills to be the only rule which it is possible to follow in judging whether he ought to discount them." {Thornton on Paper Credit, c. 2.) Law as to Accommodation Bills. — These documents differ in no respect from the form of ordinary bills : their legal effect, however, is different as respects parties between whom they do not represent a real debt. The drawer is generally the per- son accommodated, the acceptor not being indebted to him, but merely putting his name on the bill, to give it currency in the market ;— if he have to retire it, there- fore, the drawer becomes his creditor. That the paper is merely an accommoda- ACC 4 ACI t;on bill, as between any two parties who appear on it, cannot, however, be a defence against a third who has givou value for it, and even though he knew it to be an accommodation bill when he took it, he has the ordinary means of obtaining pay- ment. A person who appears as debtor on a bill or note, is always presumed to have had value, and in a question with the immediate creditor, he must prove want of value by evidence ; in Scotland, the evidence must be writ or oath. In a purely accommodation bill, the drawer is not entitled to notice of dishonour, the use of notice being to enable the drawer to take precautions for his safety and indemni- fication, if he has funds in the drawee's hands ; but it can never be safe to omit notice, for if the drawer had at any time, from the period of drawing to that of acceptance, funds in the drawee's hands, he is entitled to notice. [Bill. Accept- ance. Notice.] ACCOUNT, a term applied generally to a computation, reckoning, or statement of any thing by numbers. Account-Current is a statement of the transactions betwixt two parties, drawn out chrono- logically in a plain circumstantial manner, and disposed in the form of debtor and creditor on opposite pages. Account Sales is a document giving a detailed statement of the sale of goods. It exhibits the quantities and values of the goods sold, the attendant charges, and the net proceeds. Account of Charge and Discharge in some respects resembles an account-current, but differs considerably in form, as instead of charging the several sums at the time they are received, the whole articles with which the party is intrusted are charged at once on one side, while the other side, or discharge, shows the manner in which he has accounted for the same. " The svstem of accounting by charge and discharge is the old exchequer practice, a remnant of the times when the only accounting parties were debtors to the king, or stewards and bailiffs to tlieir lords ; and the system is applicable only to accounts of a similar nature ; such as debtors to their creditors, agents to their principals, trustees to their cestui que trusts, or the like ; in all which, one party only is the accountant, and the other a creditor." (Cory on Accounts.) Merchants usually prefix the initials E. E. (for Errors Excepted) to their signature to accounts ; but the omission of these letters forms no bar to the subsequent correction of errors. Cross accounts, when of long standing and complicated, are fruitful sources of disputes. In Eng- land, such disputes ar i either referred to arbitration, or made the subject of a bill in Chancery, which used to be settled by masters, but since 1852, transferred to the equity judges and as- sisted by extra clerks. In Scotland, where there is no establishment of particular persona for the purpose of settling disputed accounts, the business is in general left to the ordinary courts, by whom (or by the parties, subject to their approval) a person is selected from the practicing accountants to investigate and report upon the details. [Book-keeping. B ;ok-Debt.] ACETIC ACID, formerly called radical vinegar, is the sour part of vinegar, and that to which its peculiar and valuable properties are owing. It is obtained, 1st, By the fermentation of saccharine matter. Idly, By the distillation of wood. The product of the former constitutes, when diluted, the common vinegar, which abroad is made from wine, and in this country from an infusion of malt, termed wort. Revenue proof vinegar, termed by the maker No. 24, is calculated to contain 5 per cent, of pure acetic acid. Sp. gr. 1*0085. The acetic acid from wood is obtained by the de- structive distillation of the dried branches of trees in hollow iron cylinders. The hard woods, such as oak, ash, birch, and beech, are alone used ; and the average product of crude acid from 8 cwts. of wood is 35 gallons. This acid, formerly called pyro- ligneaus acid, is now largely employed, when purified, for almost all the purposes to which acetic acid or common vinegar is applied. Acetic acid, when pure, is fluid (except at a low temperature, when it crystallizes), volatile, and colour- less, of an exceedingly pungent smell, and very acid taste. In this state it is used in chemical investigations. In a less pure state, it is employed for preparing acetate or sugar of lead, acetate of copper or verdigris, and acetate of alumina, largely used by calico-printers and dyers as a mordant. In the form of pyroligneous acid it is employed to preserve meat, and in the state of vinegar it is applied to a variety of purposes too well known to require notice. (Brande's Chemistry, Qc.) Acetic acid is frequently contaminated with sulphuric acid, which, however, is readily detected by the addition of the acetate or sugar of lead, when an insoluble sulphate is precipitated should any sulphuric acid be present. [Vinegar.] ACIDS, a most important class of chemical compounds. According to Dr Ure, they are distinguished by the following general properties : — 1. Their taste is for the most part sour ; and in the stronger species it is acrid and corrosive. 2. They generally combine with water in every proportion, with a condensation of volume and evolution of heat. 3. With a few exceptions, they are volatilized or decomposed at a moderate heat. 4. They usually change the purple colours of vegetables to a bright red. 5. They unite in definite proportions with the alkalis, earths, and metallic oxides, and form the important class of salts. This may be reckoned their characteristic and indispensable property. There is, however, no ACK 5 ACT single acidifying principle, nor absolute criterion of power among the different varieties Acids are derived from all the kingdoms of nature, and except in the few particulars above named, they vary greatly in their properties. Some are gaseous in form others are fluid or solid. Most of them are colourless ; some are inodorous ; while others are pungent. The most important, in a commercial point of view, are the Acetic, Benzoic, Boracic, Citric, Gallic, Muriatic, Nitric, Nitro-munatic, Nitrous, Oxalic, Prussic, Sulphuric, Sulphurous, and Tartaric ; an account of which will be found under these several heads. ACKER WOOD, a fancy wood of a cinnamon colour. ACORUS or SWEET FLAG, a medicinal plant {Calamus aromattcus), found in moist situations in many parts of Europe and Asia, It was formerly imported from the Levant, but is now obtained equally good from marshes near Norwich It is slightly aromatic, and is occasionally used as a stimulant. The part employed is the dried creeping stem, improperly termed root, which should be chosen tough, cleared from fibres, and free from worms— to which it is very subject. ACQUITTANCE. [Receipt.] . ACRE, a measure of land. The imperial standard acre contains 4 roods, 160 square perches, 4840 square yards, or 10 square chains ; and 640 acres make 1 4iare mile. 1 Scots acre = P2612 imp. acre ; or 134 Scots acres = 169 imp. acres nearly. 30^ Irish acres = 49 imp. acres. 1 imp. acre = '4047 French hectare ; or 42 acres =17 hectares nearly. , \CTS OF BANKRUPTCY, in the law of England and Ireland, are those acts or events which the law takes as a criterion that a tradesman is bankrupt. « Ufa of bankruptcy," says Lord Henley, "may be divided into two classes : 1st, Tho*e acts which, being in themselves indifferent or equivocal, derive their charac- ter from the intent with which they are done ; and, 2d, Those which are in them- soIvps substantive acts of bankruptcy, and where the intent is perfectly immaterial (\7) Those of the first class are ranged in the bankrupts' act (12 Sc 13 Vict, c 106) as follows- 1st, " If any such trader shall depart this realm, or, 2d, being out of this realm, shall remain abroad." The departure, or remaining abroad, must be with the intent of delaying creditors, and, if the intent is not shewn, the fact that they have been delaved is immaterial. "As where one goes abroad to avoid a crimiuarprocess, or a writ de excommunicato capiendo: or a process to enforce a dutv, as a decree to execute a conveyance : or if he goes abroad with the know- ledge and consent of his creditors" {Henley's B. L. 17). " In some cases where the traoler has gone abroad, under circumstances which render it highly improbable that he would return to this country, exgr. where he had committed murder, it will be inferred that he must have intended to delay his creditors, such being the neces- sary consequence of his behaviour" {Smith's Mercantile L. 472). The alternative act of remaining abroad was inserted in the last statute to prevent one who had gone abroad with different views, from remaining absent, on hearing that his afiairs were embarrassed, without being liable to the consequence of having committed an act ot bankruptcy ; 3d, " or depart from his dwelling-house." Here, as in the former case, the intent to delay is the material circumstance, and where a creditor left his house, thongh under a false apprehension that officers who called had authority to arrest him, when they had not, it was an act of bankruptcy {Exp. Bamford, lb08 ; lo Fem 449) ; 4th, " or otherwise absent himself." This embraces most of those at- tempts to keep out of the way of a creditor, which do not come withm the previous more narrow definitions. The intent to delay is necessary. The absenting does not require to be from the dwelling-house, or even the principal place of business. A trader," says Mr Smith, " may commit an act of bankruptcy, by absenting himselt from his own regular place of business, in which a man would be expected to be, or from some other place where he expected to meet those to whom he was indebted ; fur instance, the Royal Exchange, in order to delay his creditors. But the mere fact of a trader's absenting himself from a place at which, though he had once trans- acted business there, it did not appear that he had any business to transact at the time of his staving away from it, and at which, therefore, he would not, in the ordinary course of things, be expected to be present, will not warrant a jury in concluding that he had committed an act of bankruptcy, by absenting himselt, m order to delay creditors. But no case, it is said, has yet gone the length of deciding that where the appointment was to meet a creditor at his, the creditor a, and _the debtor breaks that appointment, such conduct amounts to an act of bankruptcy ( 4 / 6). 5th, " Or begin to keep his house," that is, if he begin to seclude himselt, so as to prevent his creditors from communicating with him, as, by retiring trom his shop to his parlour, or by closing the doors and windows ot his place ot ACT G ACT business. Formerly the ouly admitted evidence of keeping house, was proof of directions to deny access to a creditor, and of access denied accordingly. The seclusion may now, however, be shown by other unequivocal facts, and it is not necessary when a direction to deny access is proved, to prove that it was obeyed. Where the conduct of the individual is, however, otherwise equivocal, evidence of denial will be required. Where a trader bade his servant tell any creditor who might call that he was not at home, and on a creditor calling he was so told, though the debtor was at home and ill, and might have validly excused him- self on that ground, it was laid down that a jury might find it to be an act of bankruptcy (Lazarus v. Waithman, 1821 ; 5 Moore 313). On the other hand, if a creditor is simply denied access, the circumstance may be explained away on the ground of illness or engagement. " A mere direction by a trader to deny him to a creditor, if he do no further act indicative of keeping house, such, for instance, as secluding himself, is not, per se, an act of bankruptcy : neither, on the other hand, is a denial, if he did not order it" {Smith's Mercantile L. 475). A denial in a friend's house, or on board a ship, may be an act of bankruptcy. A denial on a Sunday was held not to be so, though that day had been agreed on between the debtor and creditor for settling the account {Exp. Preston, 1813; 2 V. and B. 311). 6th, a Or suffer himself to be arrested for any debt not due ;" 7th, " or yield himself to prison ;" 8th, " or suffer himself to be outlawed ;" 9th, " or procure himself to be arrested ;" 10/A, " or his goods, money, or chattels, to be attached, sequestered, or taken in execution ;" 11th, " or make, or cause to be made, either within this realm or elsewhere, any fraudulent grant or conveyance of any of his lands, tenements, goods, or chattels, or make or cause to be made any fraud- ulent surrender of any of his copyhold lands or tenements, or make or cause to be made any fraudulent gift, delivery, or transfer, of any of his goods or chattels." Deeds of the description here enumerated are divided into two kinds : 1st, " those which are void at common law, or under the statute of fraudulent conveyances, 13 Elizabeth, c. 5 ; and2rf, those which are considered fraudulent, as being in contravention of the policy of the bankrupt law, either by adopting a mode of distribution of the insol- vent's property, different from that which the bankrupt law points out, or (which will embrace the consideration of the secondof the above acts of bankruptcy) by being a preference of one or more creditors in fraud of the others" (Henley's B. L. 26 ). Those of the former kind are frauds in their own nature. The other class consists of acts, which, were they not performed by a trader, would not be held as frauds. These are, 1st. an assignment or disposal of the whole of the trader' 's property. Al- though the rule contemplated the defrauding of creditors by such an act, yet it is not the less an act of bankruptcy, though made in favour of the creditors themselves as a body. But the advantages of deeds of composition having been experienced for some time in Scotland, the rule was restricted by 6 Geo. IV. c. 16, § 4, which en- acts, that a trust-deed for the benefit of all the creditors of a trader, shall not be considered an act of bankruptcy, unless a commission or flat issue within six months. [Composition Contract.] A creditor who has executed or been privy to, or has acted under, a general conveyance to creditors, cannot afterwards challenge it as an act of bankruptcy. The character of the act, it has been held, is not saved by the circum- stance that the deed is only to be executed on certain conditions, as, if the trustees think fit, or if a commission of bankruptcy do not issue within a certain time. An exception of a very small portion of his property will not save a general disposal of a trader's effects from being an act of bankruptcy. The second kind of disposal contrary to the spirit of the bankrupt laws is one giving an unfair preference to any particular creditor. A merchant in solvent circumstances is always entitled to follow his own choice in the routine in which he may pay his creditors, and therefore it is only when it is done in contemplation of bankruptcy, and with the view of making an unequal distribution of the estate which is to become bankrupt, that such a pre- ference constitutes an act of bankruptcy. It does not appear that the act will be one of bankruptcy however closely bankruptcy follow it, unless it was contemplated. Thus, where one purchased goods on October 8, for exportation, but finding that he must stop payment, and could not make use of the goods, returned them on October 16, and stopped payment next day, but expected, that, as he had to receive remit- tances from abroad which would enable him to pay in full, his creditors would give him time, but they refusing, he was made bankrupt on November 2 ; this was held not to be an act of bankruptcy (Fidgeon v. Sharp, 10th May 1814, 1 Marsh. 196). To constitute an act of bankruptcy, the assignment must be voluntary. " Therefore )ayment or delivery under the threat or apprehension (however unfounded) either ■imiuLil or civil process is valid : or where the trader acts from the mere a payino of a cri ACT 7 ADA importunity of the creditor, or, as in Smith v. Payne (6 T. R. 152), where the creditor knowing it was in vain to ask for money, pressed the trader to let him have goods to the amount of his debt" {.Henley's B. L. 33). The following are the acts of bankruptcy which possess that character indepen- dently of the intention of the bankrupt : 1st, Where a trader arrested for debt, or on any attachment for non-payment of money, lies in prison twenty-one days on that or any other similar commitment, or having been arrested for any other cause lies for twenty-one days in prison after a detainer of debt is lodged against him and not discharged (12 & 13 Vict. c. 106, § 69). " The debt must be a real subsisting legal debt; a mere equitable demand is not sufficient; a penalty due to the crown is" {Smith's Mercantile L. 486). The day of arrest is included in computing the period which is not considered as completed until the expiry of the last of the twenty-one. In case of bail,the time is computed from the date of surrender in discharge of it,"un- less the surrender were merely pro forma, the defendant never having been out of custody since the arrest, in which case the time runs from the arrest, as it will, if ho have, in consequence of sickness, been kept part of the time at his own house, or have had the benefit of day rules during the period. But where he had been suffered to go at large after the arrest, the time was computed from his return into custody" Ub. 486). 2d, Escaping from an imprisonment of the above character. The escape must not be constructive, but real. Sd, A trader may voluntarily become bankrapt by filing in the secretary of bankrupts' office a declaration of insolvency, attested by an attorney or solicitor. A memorandum issued from the office then becomes a warrant for advertising the bankruptcy in the Gazette. No fiat, however, can is?ue on the act beyond two calendar months after insertion of the advertisement, or if the advertisement have not been inserted within eight days after the filing of the declaration (1 2 & 13 Vict. c. 106, § 69). By the immediately following section it is enacted, " That no commission [Fiat] under which the adjudication shall be grounded on the act of bankruptcy, being the filing of such declaration, shall be deemed invali 1 by reason of such declaration having been concerted or agreed upon between the bankrupt and any creditor or other person." 4th, Compound- ing with the petitioning creditor, i.e. paying to the person who struck the docket, or enabling him to obtain a larger proportion of dividend than the other credi- tors. The favoured creditor forfeits his debt, and must refund. By ihe act for partially abolishing imprisonment for debt, and for the relief of insolvent debtors ( 1 & 2 Vict. c. 110), the filing of a petition for discharge, under the aot by a person in actual custody, is an act of bankruptcy from the date at which he took "that step, and if a fiat be taken out before the time appointed by the court and advertised for the hearing of the petition, or if it be taken out within two months after the date at which the order to that effect was issued by the court, the provi- sional assignee in terms of the act is divested, but not otherwise (§ 39). By the same statute, it is an act of bankruptcy, if a creditor or creditors, to the amouut requisite to authorize a petition for bankruptcy, having filed affidavits of their debts in the court of bankruptcy, the debtor do not pay them, or find security within twenty-one days (§ 8). Act of Bankruptcy by a Member of Parliament. — By 12 & 13 Vict. c. 106, § 9, If a member of parliament who U a trader commit any of the acts which are acts of bankruptcy in the case of ordinary traders, a commission may issue in the usual manner, but the member is not liable to arrest. By § 66, a creditor or creditors of the legal amount [Bankruptcy] may file affidavit of the debt in any of the courts tminster, and sue out a summons, with a copy of which the member of parliament may be served ; and if he do not satisfy the creditor by payment or compounding, or enter into a bond with two sureties to pay any sum that may bo recovered against him with costs, and enter appearance to the action within one calendar month after service of the summons, au act of bankruptcy is committed by him. By § 11, if a trading member of parliament disobey any order to pay money in the course of an action in a court of equity, the creditor may apply to the court to fix a peremptory day for the payment, and if the debtor, being served with the order eight days before the day appointed for payment, neglect to pay, he is to be held as having committed an act of bankruptcy from the time of service. In Ireland by the bankrupt statute 6 Wm. IV. c. 14, § 19-27, the acts of bank- ruptcy of previous English statutes were enacted there, with this addition to the act thee in force, that the words " situate in England or Ireland or elsewhere" follow the words "or make or cause to be made any fraudulent surrender of any of his copvhold lands or tenements." [Assignees. Bankruptcy. Commissioners.] ADAMANTINE SPAR, or COMMON CORUNDUM STONE, is, with the ADE 8 ADU exception of diamond, the hardest substance known. Sp. gr. 4. It contains about 90 per cent, of alumine, with a little iron and silica, and is generally of a pale gray or greenish colour, but sometimes of red and brown tints. It is found in India, China, and in some parts of Europe. The Indian variety is considerably whiter than the Chinese, and is usually deemed the purest. In the East it is used for polishing steel and cutting gems,but the European lapidaries prefer diamond powder. ADEN, a seaport of Arabia, lying in 12° 52' N., 44° 59' E. about 100 miles E. of the entrance to the Red Sea. It was acquired by the East India Company in the year 1838, partly to facilitate the steam-navigation of that sea. The town is advantageously situated upon a noble promontory, which forms two bays, in the westernmost of which, or "Back Bay," a place has been selected for the formation of a coal depot. This bay is accessible and sheltered, and at low water is nearly twenty feet in depth, within about thirty yards from the shore. Aden was formerly the most opulent city in Arabia; and during the twelfth, thirteenth, and fourteenth centuries, was an important emporium in the European trade with India. It after- wards declined ; and latterly, the town and its once imposing fortifications have been nearly a heap of ruins, inhabited by a miserable population of 600, composed of Jews, Banians, Arabs, and Samalkies. Under the protection of the Company, however, there can be little doubt that it will again acquire much of its former consideration. Its local position and harbour give it a decided advantage over the ports of the Red Sea, by enabling vessels to perform several trips to and from India dazing the year ; whereas the nature of the winds within the Straits of Bab el Mandeb are such, that more than one can seldom, if ever, be effected by a native vessel. The monopolizing spirit of the Egyptian government, at present, operates unfavourably upon British commerce with the countries adjoining the Red Sea ; but it is considered likely, notwithstanding, that the rich products of Abyssinia, and of the neighbouring parts of Africa, consisting of gold-dust, ivory, coffee, gums, frankincense, hides, and sheep, will soon find their way to Aden, to form a return for the silks, cotton piece-goods, iron, and rice, which will be imported from Britain and India. To facilitate the sale of British and Indian goods throughout Arabia, it fortunately happens that the road leading to the interior is the nearest to the richest part of Yemen, and from which the celebrated coffee can be more easily conveyed to Aden than to Mocha. At present, it is the chief mart for the gums brought from Africa by the Somaulies. ADJUSTMENT, in Marine Insurance, a calculation of the sums to which the insured is entitled from the respective underwriters, on a loss occasioned by any of the risks insured against, generally prepared by a professional person, indorsed on the policy, and signed by the several underwriters. It is compared to a note of hand, being presumptive against them, and not requiring the consideration to bo proved by the holder, but admitting of a valid defence being raised and proved by the underwriter. [Insurance (Marine). Loss. Policy. 1 ADMEASUREMENT. [Tonnage.] AD VALOREM (Lat.), according to the value. This term is used in commerce chiefly in reference to those duties (hence called ad valorem duties), which are levied on commodities at certain rates per cent, on their value. ADVANCE commonly denotes money paid on the security of property consigned or deposited. Merchants frequently advance from one-half to two-thirds of the value of goods consigned to them on receiving invoice, bill of lading, &c. [Bill. Principal and Agent. Sale. Proof in Bankruptcy, &c] ADVENTURE, a term sometimes used to express a shipment by a merchant on his own account. A joint adventure is where the shipment is made by two or more parties on joint account. [Joint Adventure.] ADVERTISEMENTS ill any newspaper, periodical or literary work, were each subject to a stamp-duty of Is. 6d., when printed and published in Great Britain; and of Is. in Ireland. 3 & 4 Wm. TV. c. 23 (Juno 28, 1833). The revenue derived from advertisements amounted in 1839 to £125,026; of which, England, £101,357 ; Scotland, £13,928; Ireland, £9741. By 6 <& 7 Wm. IV. c. GG, a penalty of £50 is imposed on persons advertising foreign or other illegal lotteries, but by an Act of 1853 (16 & 17 Viot. c. 63) such duties are abolished. By § 8, a stamp duty of one penny is charged on scrip certificates. By another Act of last session, the 16 wa v fit for the voyage undertaken. The crew also must be sufficient in num- ber and ability. Where such is the wage, he must have a pilot on board. The AGA 10 AGI vessel must be at the port ready to receive goods, for a reasonable period, and must sail at the appointed time, weather and tide permitting. She must be properly navigated, and also directed to her port of destination by the usual and approved course. If she deviate unnecessarily, the master and owners are responsible if loss be occasioned, though it should be by the act of God or the king's enemies. The master must not incur risk by sailing with contraband goods on board, or without the proper papers. He must use every effort to convey the cargo in safety. Where he cannot proceed in his own ship, he must forthwith adopt such means as may be best suited to preserve the safety and value of all the property committed to his charge. " Transshipment," " for the place of destination, if it be practicable, is the first object, because that is in furtherance of the original purpose ; if that be impracticable, return or a safe deposit may be expedient. The merchant should be consulted if possible. A sale is the last thing the master should think of, because it can be only justified by that necessity which supersedes all human laws. If he sell without necessity, his owners, as well as himself, will be answerable to the merchant ; and they will be equally answerable if he place the goods at the disposal of a Vice- Admiralty Court in a British colony, and they are sold under an order of the court, such court having no authority to order a sale. And the persons who buy under such circumstances will not acquire a title as against the merchant, but must answer to him for the value of the goods." {Abbot, 243, 244.) On his arrival the master must report his ship and crew, exhibit his manifest, and deliver the cargo to the consignee [Bill of Lading] on payment of charges. [Freight.] The obligation on the part of the freighter or merchant, is to furnish a sufficient cargo — if he have covenanted for a full one, he must provide it though it exceed what was specified as the burthen of the ship, becoming liable in compensation for any portion not occupied. This compensation for the freight of cargo stipulated for, but not supplied, is called dead freight. Certain days are generally specified, during which the merchant is entitled to delay the vessel in loading and unloading ; these are termed " Lay-days." A specific sum is in some cases covenanted to be paid, should the vessel be longer detained, and if a rate is not agreed upon, a charge may be made of the nature of damages. [Demurrage.] Before receiving delivery of the cargo, the merchant must pay the freight. {Abbot, 162-425. Smith's Mercantile L., 239-261.) AGAL-AGAL, a glutinous substance obtained from a seaweed in the Philippine Islands. It is much used in China for gumming silks and paper. S AGARIC (Boletus), a fungus growing on trees. Two species of boletus are known under the same name. The B. pini laricis, or male agaric of druggists, was at one time employed as a purgative, but it is now in disuse. The B. ignarius, called female agaric, was formerly valued as a styptic, but is at present chiefly used for preparing the tinder or touchwood called on the continent amadou, and in this country German tinder. It is found in most countries, and particularly in the Highlands of Scotland, on the trunks of old ash and other trees. That which grows upon the oak, however, is most esteemed. AGATE (Ger. Achat), popularly called Scotch pebble, is a well-known stone used in jewellery and in the arts. It is one of the modifications of form under which silica is found in almost a state of purity. The siliceous particles are not arranged so as to produce the transparency of rock crystal, but a translucent, sometimes almost opaque substance, with a resinous or waxy fracture ; and a variety of shades of colour are produced by a minute quantity of iron, for the beauty of which, to- gether with the high polish they are capable of receiving, agates are highly prized as ornaments. Agates are usually met with in that variety of the trap rocks called amygdaloid or mandelstein ; they are also found as loose pebbles in the beds of rivers or in gravel, but in these cases they have been derived from the disintegra- tion of amygdaloids. They vary in size from that of a pin head to a foot in diameter, but those of one, two, or three 'inches are the most common. They are found in the river Achates, now the Drillo, in Sicily, whence it is said they derive their name ; but the principal supply is procured from Oberstein, in Germany. They also occur in many parts of Scotland, especially in the Isle of Skye, and at Kinnoull near Perth. The stones known by the names of Carnelian, Calcedony, Onyx, Sar- donyx, Mocha-stone, Blood-stone, Chrysoprase, and Plasma, are closely allied to Agate, and in chemical composition they are not distinguishable, except in tho case of the Chrysoprase, by its colouring matter. AGENT. [Principal and Agent.] AGIO, a term applied in some parts of the continent to the premium or per centage allowed on a better sort of money when it is given in exchange for an in- AHM ] 1 ALC fcrior kind. Thus, at Hamburg, when 100 marks banco are exchangeable for 120 marks currency, the agio on banco is said to be 20 per cent. ; it being always reckoned upon the more valuable money. In France, again, where payments can be demanded only in silver coin, a small premium is sometimes paid by the receiver in order to obtain gold coin ; this premium is called the agio on gold. When the per centage, or difference, is considered, with regard to the inferior sort of money, it is called discount. Thus, when 100 dollars in bank-notes are exchangeable for only 90 dollars in coin, the discount on the paper is said to be 10 per cent. AHM, AAM, or OHM, a German wine measure, varying in different places. In Dantzic, it contains 33 ; in Hamburg, 31j| ; in Hanover, 34| ; and in Rotter- dam, 33| imp. galls, nearly. ALABASTER (It. Alabastro, Fr. Albatre), a species of gypsum resembling marble, but softer, takes a duller polish, and when pure is much whiter and semi- transparent. Some stones, however, of a veined and coloured appearance, and also certain transparent and yellow ones of a sparry nature, are termed alabasters. It ia used for small statues, lamps, vases, and other ornaments. The finest is found near Volterra,in Tuscany. It is also procured in Staffordshire, Derbyshire, and in great abundance on the shores of the Bristol Channel, between Watchet and Minehead, where it is manufactured into toys and ornaments. ALBATA, British Plate or German Silver, a compound of tin, copper, and nickel, now extensively used in this country in the manufacture of a variety of articles which were formerly plated or made entirely of silver. Albata goods do not look so well as those plated, when the latter are entirely new, but they pos- sess superior durability. Birmingham and Sheffield are the principal seats of this manufacture. ALCOHOL (Fr. Esprit de Vin. Ger. Weingeist. It. Spirito divino), is a liquid which forms the intoxicating principle of fermented liquors. It is by the distilla- tion of such liquors that ardent spirits are obtained, and they receive the names of brandy, rum, gin, or whisky, according to the nature of the substance employed, but in every case consist almost entirely of three ingredients, viz. alcohol, water, and a little oil or resin, to which they owe their flavour and colour. When these liquids are redistilled, the first portion that comes over is a fine light, transparent fluid, known in commerce by the name of rectified spirits. When as highly recti- fied as possible, the specific gravity of the liquid obtained does not appear to be less than '820, and is generally more. Alcohol cannot, by this process, be deprived of the whole of the water with which it is combined ; but by redistil- lation with hot muriate of lime, it is procured of the specific gravity '791 at 68°, or 796 at 60° Fahrenheit. In this state it is the strongest that can at present be produced, and it is therefore called pure or absolute alcohol. The alcohol of commerce or spirit of wine, is never so strong as this ; its specific gravity is seldom under "837. In this state it is fragrant, limpid, colourless, volatile, inflammable, and of a pungent agreeable taste. It has never been frozen. At 173^° it boils. It combines with water in every degree ; and the proportion of it present in common spirits is best judged of by their specific gravity, and is usually ascertained by "Sikes' Hydrometer." The specific gravity of what is called pure alcohol being •796 at 60° Fahrenheit, and that of water l'OOO, it follows, that the lighter a spirit is the stronger is it. What in this country is called proof spirits, was under- stood to be a mixture of equal bulks of alcohol and water ; but this is not the it contains 52-100 parts of its weight of water. When spirits are weaker than this, they are said to be under proof; when stronger, to be above proof: thus, " 10 under proof" signifies that every 100 gallons of that spirit would require to have 10 gallons of water abstracted from it to bring it up to proof ; and " 10 over proof," that every 100 gallons contains too little water by 10 gallons. Philoso- phers, however, are not yet agreed upon absolute alcohol ; and nitherto the term proof-spirit has been often indefinitely employed. The great importance of accuracy in determining the strength of alcoholic mixtures induced the Lords of the Treasury, a few years ago, to request the Royal Society to give an opinion upon the subject. In the report of the committee of this body (drawn up by Mr Faraday), it is stated, that " a definite mixture of alcohol and water is as invariable in its value as absolute alcohol can be. It is also invariable in its nature." It is therefore proposed, ' ' that standard spirit be that which, consisting of alcohol and water alone, shall have a specific gravity of 0-92 at the temperature of 62° Fahrenheit, water being unity at the same temperature; or in other words, that it shall at 62° weigh ^ths, or IJths of an equal bulk of water at the same temperature." " This standard is rather weaker than the old proof spirit (the specific gravity of which, at 62° is 0'918633), in the proportion of oearlj 1-1 gallon of the present proof-spirit per cent." In regard to the specific gravity of any mixture of alcohol and water, " your committee are of opinion that the hydrometer ALD 12 ALI is the Instrument best fitted, in the hands of the excise officer, to indicate that specific gravity, and they think it ought to be so graduated as to give the indication of strength, not upon an arbi- trary scale, but in terms of specific gravity, at a fixed temperature, which in the present case should be 62°, or that of the standard spirit." Alcohol is extensively used in the arts. It dissolves the resins, camphor, and the essential oils ; and hence its use in varnish-making, in pharmacy, and in perfumery; while its fluidity at the lowest temperatures,— its antiseptic properties, and its purity and ready inflammability, render it applicable to a great variety of other purposes. (Brande's Chemistry. Ure's Dictionary of Arts, art. Alcohol.) [Spirits.] ALDER (Alnus glutinosa), an aquatic tree, found in all parts of Europe, the novlh of Africa, and in Asia and North America. Its timber is reddish yellow in colour, and being soft works easily. It is much used for piles, pumps, and other underground purposes where it is kept constantly wet ; and its stems, hollowed out, are among the best materials, next to metal, for waterpipes. The veiny knots are often cut into veneer. The bark is valuable for tanning ; and the young shoots, when mixed with other ingredients, are used for dyeing. The alder rots when exposed to the weather, and when dry is subject to worms. ALE. [Beer.] ALEXANDRIA. [Egypt.] ALGIERS extends about 500 miles along the northern shore of Africa, from about 8° 30' east, to 1° 30' west. It is bounded on that side by the Mediterranean, on the east by Tunis, south by the Sahara or Great Desert, and west by Morocco, from which it is separated by the desert of Angad. There are four provinces, Algiers Proper, Constantiua, Titteri, and Mascara ; the first was under the direct govern- ment of the Dey ; the others under local rulers called Beys. In 1830, the principal part of the country was conquered by the French, by whom it is still retained. Population, about 2,000,000, one half being Kabyles or Berbers, and the rest chiefly Arabs, Moors, Cooloolis, Jews, and Soudan negroes. The country is traversed by branches of the great mountain-chain of Atlas, and in general is well watered and highly fertile. In the high grounds of the interior, the same plants can be reared as are cultivated on the opposite shores of the Mediterranean ; while there is reason to believe that all the productions of more southern, and even of tropical climates, might on the low grounds near the coast be cultivated with advantage. The grain sown is wheat, barley, maize, millet, doura and rice. The mountains are rich in metals and timber ; and in the eastern parts, towards Oran and Mostagan, there is great abundance of fossil salt. The manufactures are inconsiderable. On the coast, near Bona, there are extensive coral banks, the seat of an important fishery, carried on chiefly by Italian vessels. Algiers, 36° 48' N., 3° 4' E., the principal city and port, rises in the form of an amphitheatre near the middle of the coast. It is defended on the seaside by very strong batteries. The harbour, a work of immense labour, is formed by two projecting moles ; and is about 15 feet deep ; but it is unsafe, and vessels lying along it must be strongly fastened by cables. Formerly the population was about 70,000, including a number of Jews ; but the expulsion of the Turks, and the emigration of the Moors, have since greatly reduced this number. Exports, — oil, wax, hides, skins, corn, fruit, wool, rugs, embroidered handkerchiefs, ostrich feathers. Imports, — cotton goods, silks, spices, metals, hardware, earthenware, and other manufactured goods. The principal intercourse of Algiers is with France, Britain, Italy, and Spain. The extent of the British intercourse cannot be precisely ascertained, as the public accounts do not distinguish the trade of the different Barbary States, while large quantities of British manufactures, parti- cularly cottons, are imported by way of Leghorn and Gibraltar. In 1832, the value of cottons imported into the town of Algiers, was from France, £7363 ; and of British cottons from Leg- horn, £28,558; Gibraltar, £17,900; Tunis, £307; total, £46,765 ; in all, £54,128. In 1837 the amount of imports into Algiers from France (exclusive of £83,507 of specie) was £703,787 ; of which French merchandise, £472,020; foreign merchandise, £231,767; in the same year the amount of exports to France was only £58,012 exclusive of £.9331 of specie. The other chief ports possessed by the French are Oran, Dona, and Mostagan. The principal inland town is Constantina, pop. 30.000. The Measures, Weights, and Monies are chiefly those of France. The Algerine pataca, or piastre of 24 tomins, is valued at 1 franc 86 cents, or Is. 6d. sterling. The Turkish pic used in measuring cloth = 24J inches ; the Moorish pic, used for cotton and linen, = 18*4 inches. The caffise of 16 tarries = 8| imperial bushels. The metalli of oil weighs 37 lbs. 6 oz. avoirdupois. The metical — 73 grains troy ; and 100 rottoli = 119 lbs. avoirdupois. The conquest of Algiers has relieved the Mediterranean from the dread of piracy ; though it will be long before any other advantage can be derived from this achievement by France. The climate is indeed good, and the soil rich ; but the inhabitants of the adjacent country are regardless of treaties, strangers to the enjoyments of social life, addicted to plunder, and accustomed to consider war as their profession. For some years rumours .prevailed that Louis Philippe was determined to relieve his exchequer of the burden entailed by this colony ; but as some of the most formidable obstacles to success have been removed, no doubt is now entertained that he will persevere in the undertaking. (Russell's Darbary States, Edin. Cab. Lib. No. XVII.) See Algeria, in S ALICANT. [Spain.] ALIEN, in its original acceptation, is applied to any one born out of the domi- nions of Great Britain. The disqualifications of aliens do not, however, apply to all individuals so situated. By 7 Anno, c. 5, the children of all natural born subjects, though they happen to be born beyond the liegcance of the crown, are deemed to ALK 13 ALK be natural born subjects ; and in explanation, it is enacted by 4 Geo. II. c. 21, § 2, that this privilege does not include the children of persons who, at the time of the birth, were attainted, or liable to the penalties of treason. By 13 Geo. III. c. 21, § 1, the benefit is extended to grandchildren of natural born subjects, *. e. to the children of persons declared to be naturalized by these statutes. Aliens cannot hold real property in the United Kingdom, but an alien may trade and acquire property in goods, money, and other personal estate. " Also," say3 Sir William Blackstone, " an alien may bring an action concerning personal property, and may make a will, and dispose of his personal estate : not as in France, where the king, at the death of an alien, is entitled to all he is worth by the droit d'aubaine or jus albinatus, unless he has a peculiar exemption" (I. 372). This hard law is now repealed in France, to the extent of allowing the representative of a foreigner to succeed to his property, in so far as Frenchmen hold the same privilege in the foreigner's native country {Code Civil, Liv. iii. Tit. i. ch. 2, art. 726). Alien enemies can hold no property in the United Kingdom, and cannot pursue actions. " The children of aliens," says Blackstone, " born here in England, are, generally speak- ing, natural born subjects, and entitled to all the privileges of such, in which the constitution of France differs from ours ; for there, by their jus albinatus, if a child be born of foreign parents, it is an alien" (I. 374). By the later law of France, however, children of foreign parents may become naturalized by claiming the privilege in the course of a year following the attainment of majority, and declaring their determination to reside permanently in France (Code Civil, Liv. i. Tit. i. ch. 1, art. 9). The crown may grant to aliens letters of denization. A denizen may " take lands by purchase or devise, which an alien may not, but cannot take by inheritance : for his parent, through whom he must claim, being an alien, had no heritable blood ; and, therefore, could convey none to the son. And upon a like defect of hereditary blood, the issue of a denizen, born before denization, cannot inherit to him ; but his issue born after may" (Blackstone, i. 374). The rule in Scotland appears to be analogous. (Erskines Inst. iii. 10, § 10.) The full right of citizenship can only be conferred by Act of Parliament. In bills of naturalization, it is usual to insert a clause disabling the party from being a Member of the legislature or of the Privy Council. By 13 Geo. II. c. 3, every foreign seaman who, in time of war, serves two years on board an English ship, by virtue of the King's Proclamation, is naturalized; and by statutes 13 Geo. II. c, 7 ; 20 Geo. II. c. 44 ; 22 Geo. II. c. 45 ; 2 Geo. III. c. 25, and 13 Geo. III. c. 25, all foreign Protestants, upon their residing seven years in any of the American colonies, without being absent two months at a time, and all suck persons serving two years in a military capacity there, or being three years em- ployed in the whale-fishery, without afterwards being more than one year absent from the king's dominions ; and by 26 Geo. III. c. 50, §§ 24, 27, 28 ; and 28 Geo. III. c. 20, § 15, all foreigners who have established themselves and families in Britain, and carried on the southern whale-fishery, are naturalized as if by act of naturalization. In Ireland, the Parliament passed a temporary act (14 and 15 Cha. II. c. 13) for naturalizing all aliens of the Protestant religion intending to permanently with their families and property. By 7 & 8 Vict. c. 66, the statutory disabilities of aliens were, in respect of property, greatly mitigated. By 6 6c 7 Win. IV. c. 11, all aliens, on their arrival from abroad, must declare their name and country to the chief officer of customs at the port of landing, and show him their passport, with a view to their being registered, under penalty of £2 ; and shipmasters must report all aliens brought over seas in their vessels, under a penalty of £'20, and £10 additional for each alien on board. ALKALIS, a class of chemical bodies characterized generally by their peculiar hot, bitter, and caustic taste ; by their changing the colours of vegetable blues to green, and yellows to brown ; and by their neutralizing acids, and forming with them the class of compounds called salts. The principal alkalis are ammonia. potash, and soda : an account of which, and such others as possess commercial interest, will be given under their proper heads. The value of any alkali i3 deter- mined by an alkalimeter, a graduated instrument which shows the quantity of acid neutralized by a given weight of the sample, and hence the amount of pure alkali contained in it. The alkalimeter at present used, is minutely described in Mr Faraday's Chemical Manipulation. S ALKANET (Fr. Orcanette. Ger. Orkancz-icurzel. It. Arganetla. Sp. Ar- caneta), the root of a species of bugloss (Anchusa tinctoria), a native of the warmer parts of Europe. It is of a dark red colour, and white within ; and imparts an elegant tint to alcohol, wax, and to all unctuous substances. ALL 14 ALO The colouring matter is confined to the bark, and the small roots are preferred, as these have most bark in proportion to their bulk. Alkanet is produced in England ; but the best is imported from near Montpellier in France, and from the Levant. ALLIGATION, in commercial arithmetic, is a formula for ascertaining the proportion of constituents or ingredients in a mixture. I. To find what quantity of any number of ingredients, whose rates are given, will compose a mixture of a given rate. Rule — 1. Write down the rates of the ingredients under each other. 2. Connect by a curved line, the rate of each ingredient, which is less than that of the mixture, with one or any number of those that are greater, and each greater rate with one or any number of those that are less. 3. Put the difference between the mixture rate, and that of each of the ingredients, opposite the contrary rate with which it is linked. 4. Then if only one difference stand against any rate, it will be the quantity belonging to that rate ; but if there be several, their sum will be the quantity. Example 2. What quantity of spirits at 17s. 18s. and 22s. per gallon, must be taken, so as that the mixture may be worth 20s. the gallon. Example 1. Wine at 9s. per gallon is to be mixed with wine at 6s. per gallon ; required the proportions so as to sell the mixture at 7s. per gallon. -/9\ . . . 1 at 9s. per gallon 7 \6/ ... Sat6s That is, the wine at 9s. per gall, must be to that at 6s., in the proportion of l to 2. ( m 2 at 17s. per gallon. 20-? 22< . 3 + 2 = 5 at 22s (.18) 2 at IBs Ans. 2 gallons at 17s. ; 5 at 22s. ; and 2 at 18s. II. When the whole composition is limited to a certain quantity. Rule. — Find an answer as before, by linking ; then say as the sum of the quantities, or differences thus determined, is to the given quantity, so is each ingredient found by linking, to the required quantity of each. III. When one of the ingredients is limited to a certain quantity. Rule.— Take the difference between each price and the mean rate as before ; then, as the difference of that ingredient whose quantity is given is to the rest of the differences respectively, so is the quantity given to the several quantities required. In the same manner, questions of this kind may be worked when several of the ingredients are limited to certain quantities, by finding first for one limit, and then for another. In general, however, cases in alligation are best resolved by an analytical process, as they form what are called indeterminate or unlimited problems, from their admitting of a variety of answers. [Averagk.] ALLOWANCES. [Tare.] ALLOY, in coinage, a certain proportion of harder metal, mixed with pure gold and silver, in order to render them less flexible, and better adapted for general use. ALLSPICE. [Pimento.] ALMONDS (Du. Amandelen. Fr. Amandes. Ger. Mandeln. It. Mandole. Por. Amendoas. Sp. Almendias), the kernel of the fruit of the almond tree (Amygdalis communis), a native of Syria and Barbary, but now naturalized in the south of Europe. Almonds are of an oblong compressed shape, nutty taste, and are covered with a thick brown skin. There are two permanently distinct varieties. — the sweet and the bitter; but many subvarieties are distinguished in the places of growth. It is said that the eye can discover no difference between the sweet and bitter almonds, nor between the trees which produce them ; and it is asserted (though without probability) that the same tree, by culture,has been made to bear both. Almonds are now little used in medicine ; the sweet, are a com- mon article of the dessert ; the bitter, are used chiefly in cookiug to give a flavour to other articles. Both become rancid by keeping. They are gathered in August and September, but are not generally shipped till the middle of October. They are imported into this country chiefly from Barbary, especially Mogadore, and from Valencia, Alicant, and Malaga, in Spain ; small quantities are, besides, brought from France, Portugal, and Italy. Bitter almonds are obtained almost wholly from Barbary. The best sweet arc the Jordan variety, brought from Malaga ; they are longer, flatter, less pointed at one end, and less round at the other, and have a paler cuticle than the other kinds. Prior to 1832, when the duty was reduced, the consumption of almonds was only about 3000 cwts. annually ; but it is now 8000 cwts. In 1836, there were imported 17,370 cwts. ; re-exported, 8814 cwts. ; and entered for consumption, 8061 cwts., yielding of customs' revenue, £8101. The prices in bond, per cwt., quoted in the London market in July 1839, were, Jordan, £'9 to £10 ; Valencia, £4, 10s. ; Barbary, bitter, £2, 10s. Customary Tares. — In the shell, 2-3d parts ; in baskets of li to 1 J cwt., 6 lbs. each ; in serons of 1J to 2 cwt., 12 lbs. each. Almond Oil, a fat or greasy substance expressed from sweet and bitter almonds. Sp. gr. -915. It is pale yellow, but becomes colourless when long exposed to light. It soon grows rancid, espe- cially if in contact with oxygen. [Oil.] It is so plentiful, that 5J lbs. of almonds have yielded 1 lb. 6 oz. of oil by cold expression, and t lb. more on heating them. S ALMUDE, a measure for liquids in various places. In Lisbon, it contains 3"G4 imp. galls. ; in Oporto, 5"61 do. ; in Faro, 4'08 do. ; and in Constantinople, P15 do. ALOE, AMERICAN. [Maguey.] ALOES (Fr. Aloes. Ger. It. & Sp.yf/o^. Pers. Sibbir), a bitter resinous juice, extracted from the leaves of a succulent plant of the same name. It is used as a ALO 15 AMI common purgative medicine. Three kinds are known to druggists, namelyy— 1. So- cotrine, from the island of Socotra, is sometimes imported in chests from the Levant ; it is the purest, though seldom to be found genuine in this country : the aloes brought from the Cape Colony, and Melinda, are sometimes designated by the same name, but they are much inferior in quality. 2d, Hepatic, or liver-coloured aloes, is imported chiefly from Bombay in gourds ; a darker kind is brought from Barbadoes. 3d, Caballine, known by its rank smell, is used only for horses. These varieties of aloes are said to differ only in purity, and it is probable that they may be ob- tained, in some instances, from different species of the same plant. Socotrine aloes is said to be obtained by only draining the leaves, after bein^ cut at their base : Hepatic or Barbadoes aloes, by boiling or slight pressure ; and horse aloes seem to be a coarse preparation from the dregs of the last. Those of best quality are glossy, not very black, but brown ; when rubbed or cut, of a yellow colour ; compact, but easy to break ; easily soluble ; of an unpleasant peculiar smell, and an extremely bitter t ALOE-WOOD (Fr. Bois d' Aloes. Ger. Aloe-holz. Lat. Lignum Aloes), called I /lo-Aloes or Calambac, is procured from the interior part of the trunk of a large tree [Aquilaria, Agallochia of Roxburgh), growing in some parts of Assam, Cochin, and China. It is of a dark colour, and is saturated with a peculiar aromatic ruinous matter, which is highly esteemed by eastern nations. This substance is be the produce of disease, as the sound wood is white and inodorous. It is - a stimulating medicine, as well as an ingredient in incense. (Ainslie's Materia Indira.} ALQUEIRE, a corn measure in Portugal and Brazil. 100 alqueires of Lisbon = 37 i imp. bushels ; and 100 alqueires of Maranhani = 124^ imp. bushels. ALUM (Arab. Shebb. Du. Aluin. Fr. Alitn. Ger. Alaun. It.Alhnne. Por. Fedrah'ume. Rus. Kicassu. Sp. Alumbre), an earthy salt extensively used in the arts. It is found native only in small quantities ; but it has long been produced artificially. The basis of common alum is sulphate of alumina, combined with sulphate of potash. It is brittle, colourless, iuodorons, has a sweetish astringent taste, and crystallizes generally in transparent octahedrons. Sp. gr. 173. Water at 60° Fahren. dissolves about l-15th, and at -212°, about 3-4ths of its weight of alum. Its contamination with iron may be detected by nut-gall, or prussiate of potash ; the last will give solution of alum a blue tint if it contain iron. The most extensive alum-works in Britain are at Hurlett and Campsie, near Glasgow, where it is prepared from slaty-clay, obtained from the shales of old coal-pits. It is also pre- pared extensively at Whitby, from a stratum of alum slate, said to extend 29 miles. But the British alum is inferior to the Roch alum imported from Smyrna, and also to the Roman alum, manufactured at La Tolfa, near Home. This last is the purest of all, and is generally distinguished by being mixed with a little reddish powdery matter. Alum is also extensively produced in China, from whence it is exported to India. This salt is much used in dyeing and calico-printing, in consequence of the attraction of its base for colouring matter. It is als,o used in lake colours, leather dressing, pasting paper, clarifying liquors, by candlemakers to harden and whiten the tallow, &c. In medicine, "it is employed as an astringent. The price of British alum was lately quoted at Us. per cwt., and Roch, at 24s. to 26s. per cwt. Customary Tare, in casks, 10 to 12 per cent. S AMADOU. [Agaric] AMALGAM, a name applied to the combinations of mercury with other metals, AMAZON-STONE, a crystallized variety of felspar, of a beautiful apple-green colour. Localities, Ural Mountains and South America. AMBER (Fr. Succin. Ger. Bernstein. It.Ambragialla. 1.3.t. Succinum elect rum. Rus. Jantar. Sp. Ambar), a solid, brittle, carbonaceous substance, found in beds of lignite, in various countries, more particularly on the Adriatic and Sicilian shores, and in Prussia, near the seacoast, between Memel and Dantzic, where there are regular mines of it. It is discovered generally in nodules, or small pieces of a white, yellow, or brown colour, and very commonly translucent. When bruised, it exhales a slight aromatic odour. It is susceptible of a good polish, and when rubbed it becomes electrical. Sp. gr. P07. It is sometimes adulterated with copal or other . which are detected by their different appearance, and by not exhaling the proper odour when burned. The origin of amber is uncertain ; Mr Phillips states that it is commonly considered to be a fossil resin. It is imported into this country chiefly from the Baltic, and is used in varnishes, as well as for ornamental purposes in the manufacture of necklaces, &c. In oriental commerce, it is carried into India from Japan, Madagascar, and the Philippines. {Ainslie's Materia Indica). AMB 16 AM?.I AMBERGRIS (Fr. Ambergris. Ger. Ambra. It. Ambracani. Lat. Ambra frisea. Sp. & Por. Ambargris), a substance found principally in warm climates, oating on the sea, or thrown on the shore ; it is said to be a morbid product of the spermaceti -whale. It is generally procured in small fragments, but sometimes in masses weighing upwards of 100 lbs. When good, it is solid, opaque, of a bright gray colour, which is darkest externally, and intermixed with yellow or reddish streaks. It has a fragrant and peculiar odour when heated or rubbed. Sp. gr. about '914. The best comes from Madagascar, Surinam, and Java. It is used as a perfume. It usually sells in London, at from 5s. to lis. per oz. This high price leads to frequent adulteration of the commodity. S AMBOYNA. [East Indian Islands.] AMBO YN A, or LINGOA WOOD, a fancy wood of various colours, and having the shades generally small. It is much used in cabinet-work, and is imported from Ceram and Amboyna, in logs of about 2 feet wide. AMETHYST (Fr. Amethyste. Ger. Ametyst. It. Amatista. Por. & Sp. Ametisto), a precious stone of a purplish violet colour, and great brilliancy. It is of two kinds, the oriental and common. Of these, the oriental, which is a species of sapphire, is by far the most valuable. The common or occidental amethyst is merely a coloured variety of quartz, or rock crystal, and is in beauty, lustre, and hardness, much inferior to the oriental amethyst. It occurs crystallized, in rounded pieces, and in massive portions ; but its primary form, like that of quartz, is a slightly obtuse rhomboid. It is most valuable when large, high coloured, and with- out flaws. It is found in India, Germany, Sweden, and Spain, but is imported into this country chiefly from Brazil. [Sapphire.] AMIANTHUS. [Asbestos.] AMMONIA, volatile alkali, or spirits of hartshorn, a pungent volatile substance, of great importance and extensive use, which is formed during the putrefactive fermentation of animal matter. When pure, it is a gaseous body, composed of three equivalents of hydrogen and one of azote ; sp. gr. *590 ; but in medicine and the arts, it is generally used either in solution in water, or in combination with other substances. a Liquid Ammonia, or Hartshorn, is an aqueous solution of ammonia, prepared either by passing the gas as it is formed directly into water, or by distillation from sal-ammoniac, burnt bone, and water. In the former case, the sp. gr. is *880, in the latter '954. It is limpid, colourless, very volatile, has a pungent smell, and a caustic taste ; and is one of the most useful stimulants in the materia medica. Acetate of Ammonia, or Spirit of Mindererus, is prepared by adding Sesqui- carbonate of ammonia, to dilute acetic acid. It has a sweetish bitter taste ; and is employed externally as a refrigerant, and internally as a diaphoretic. Carbonates of Ammonia. — The Carbonate of Ammonia may be obtained by uniting one volume of carbonic acid gas with two volumes of ammonial gas. It is a dry, white, volatile powder, and is used as a stimulant in a preparation called Spirit of Sal Volatile. The Sesqui-carbonate of Ammonia is obtained by sublima- tion from a mixture of muriate or sulphate of ammonia and chalk, and usually occurs in cakes, broken out of the subliming vessel. When fresh, it is of a crys- talline texture, semi-transparent, and hard, odour pungent, and taste penetrating. It is extensively used in cnemical preparations. In medicine, it is employed as a stimulant, and is usually called smelling-salts. It is also usea instead of yeast, in making some kinds of bread. Muriate of Ammonia, or Sal- Ammoniac (Fr. Sel Ammoniac. Ger. Salmiak. It. Sale Ammoniaco. Rus. Naschatur), was originally procured from Egypt, where it was made from the soot of camel's dung. It is now, however, prepared in abund- ance in this country, by decomposition of the ammonial fluid given off during the preparation of coal-gas ; also, by a complicated process, from bones and other refuse of animal substances containing its ingredients. It is likewise found native at Etna and Vesuvius, in some of the Tuscan Lakes, and in Persia, Bucharia, &c. As gene- rally obtained, it is in large cakes of a semi-circular form, translucent and colour- less, with a sharp saline taste, but no smell. Sal-ammoniac is extensively employed in tne arts. It is used in preparing aqua regia, — in soldering some of the metals, — in tinning iron and copper,— -in the preparing of dyes ; also in various chemical manufactures. It is exported in considerable quantities to Russia and other parts of the Continent, and to the United States. AMMONIACUM(Arab./ E., is the principal port in the Red Sea frequented by Euro- peans, pop. 5000. It is situate about 40 miles N. of Cape Bab el Mandeb, between two projecting points of land, which shelter vessels whose draught (if not more than 10 or 11 feet) allows them to anchor within a mile of the town ; large ones lie further out, and are exposed as in an open road. Provisions are here plentiful and cheap, but good water is scarce. The principal article of export is coffee ; the others are gum-arabic, tragacanth, myrrh, frankincense, civet, balsam, dates, acorus, rhinoceros' horns and hides, sagapenum, salep, senna, and sharks' fins. The imports consist principally of rice, ghee, iron, hardware, and other manufactures. The foreign trade is transacted chiefly by Banians. All produce is sold by tale or weight, at so much the Spanish dollar. According to Mr Milburn (Oriental Commerce), the duty payable on exports and imports by the British is 3 per cent, ad valorem, besides brokage and shroffage. Measures and Weights. — The covid = 19, and the guz = 25 Imp. inches ; the gudda of 8 noosfias = 1 8 Imp. gall. ; and the tomand, dry measure, containing 40 kellas, weighs of rice 168 lbs. avoird. The bahar of 15 frazils, or 150 maunds = 450 lbs. avoird. The miscal of 1 J coffola, or 24 carats = 73-37 troy grains ; 10 coffolas = 1 vakia ; and 87 vakias = 100 Spanish dollars weight. Money accounts are kept in piastres, or Mocha dollars of 80 cavears ; and as 121 j piastres = 100 Spanish dollars (in which payments are made), the piastre i= worth about 3s. 5d. sterling. The native coins are, conimasses of 7 carats; 40 cornmasses generally pass for a dollar. ARANGOES, large beads formed from rough carnelian, formerly much used in the African slave trade. ARBITRATION, a contract by which two or more parties engaged in a dispute agree, by an instrument called a submission, to leave the decision to a third party, called an arbiter or arbitrator. The submission is generally in the form of mutual bonds, binding each to obey the award under penalties. In contracts of partner- ship, it is usual to insert conditions of arbitration which have the effect of prevent- ing one member from resorting to a lawsuit, unless a reference has proved ineffectual, or the others have refused to accede to it. Where the submission, as was fre- quently the case, came into existence in the course ofa litigation, the English courts adopted the practice of enforcing the decision of the arbiter, as against litigants before the court, and by 9 & 10 Wm. III. c. 15, the same privilege was extended to all formal written submissions. The proper subjects of arbitration are those questions as to fact, which are generally referred to a jury, — a liquid debt specified and defined by deed is therefore not a proper subject. Where there is more than one arbiter, there is generally authority to choose an umpire if they cannot come to a decision, — and this last must be selected by voluntary choice, not by lot. The object of arbitration is a final determination, and so a reservation is void. An award to do an illegal act, or one which cannot be done by the party, is void. The courts exercise considerable discretion in overlooking minute deficiencies, and allowing the evident meaning and intention of the various parties to be put in practice ; and though an award be void as to some portion of it, yet if it be specific in assigning to the parties the rights which the arbiters intended to bestow on them, it will be good as to the remamder. When a time is limited for making an award it cannot be protracted, except by prolongation consented to by parties, or permitted by rule of court. The courts will not relieve a person who has voluntarily submitted his case to an arbiter from the consequences of the decision, unless on grounds of cor- ruption, partiality, or mistake. The law of Scotland as to arbitration, in principle resembles that of England. If the submission contain a clause of registration the decree-arbitral can be enforced as if it were the decree of a court. (Caldwell on Arbitration. Parker on Arbitration. 3 Wm. IV. c. 42.) ARBITRATION OF EXCHANGE, the deduction of a proportional or arbitrated rate of exchange between two places through an intermediate place, in order to ascertain the most advantageous method of drawing or remitting. [Exchange.] ARCHANGEL. [Russia.] ARCHILL. [Orchill.] ARCHIM, or PIK, the Turkish ell, is equal f Imp. yard nearly. ARE, the unit of the French measures of surface, equal to 100 square metres, or about 1076 British square feet. ARECA-NUT. [Betel-Nut.] ARGENTINE REPUBLIC. [Buenos Ayres.] ARG 26 ARS ARGOL, a common name for crude Tartar, in the state in which it is taken from the inside of wine vessels. [Tartar.] S ARISTOLOCHIA, or SNAKE-ROOT (Fr. Serpentaire de Virginie. Ger. Virginische Schlanqenwurzel), the dried root of the A. serpentaria or Virginian snake-root. It consists of a short stock or head, with numerous rootlets three inches or more in length, thready, interlaced, and brittle ; skin greenish yellow or brown, and pith iron-coloured. In odour and taste it resembles valerian and cam- fhor. The root is all used, but the rootlets are more powerful than the solid part. t is employed in medicine, and its action is similar to that of camphor. Aristolochia is imported into this country from Virginia and Carolina. (Duncan's Dispensatory.) ARITHMETIC, COMMERCIAL. [Alligation. Average. Discount, &c] ARMS and AMMUNITION. [Gun. Gunpowder.] S ARNOTTO. [Annatto.] ARPENT, a land-measure in the old French system. The Arpent des eaux-et- forets = 51*07 ares ; the Arpent de Paris = 34*19 ares ; and the Arpent Commun = 42*22 ares, or 1 British acre and 7 perches. The Arpent of Geneva = 51*66 ares, or 6179 British square yards. ARRACK (Du. Arak. Fr. Arac. Por. Araca), an oriental name for spirituous liquors of all kinds, but in this country applied generally to those distilled in India and the adjoining regions. Arrack was formerly prepared in considerable quantity at Goa, but the principal seats of the manufacture at present are, the islands of Java and Ceylon. In the former, it is commonly termed kneip, and is made from a mixture of 62 parts molasses, 35 parts rice, and 3 parts of the sweet juice called ? aim-wine or toddy, extracted from the flowers of different species of palm-trees, n the latter, it is entirely distilled from cocoa-nut tree toddy. Ceylon arrack is reckoned superior to that of Java ; and in India, to which very large quantities are annually exported, it brings a price 10 or 15 per cent, higher. The prime cost of arrack at Columbo varies from 8d. to lOd. per gallon. In India, it is prepared from the flowers of the Bassia longifolia, the Mahwah tree, and the Bassia latifolia. In Turkey, it is distilled from the skins of grapes, and flavoured with aniseed. (Milburn's O. C.) ARRANZAD A, a Spanish land-measure, estimated, for vineyard land, equal to 3 Imp. roods 33 poles nearly. ARRATEL, the Portuguese pound = 7083 troy grains ; and 98| arratels = 100 lbs. avoird. ARRESTMENT AND FORTHCOMING in Scotland, like foreign attachment in England [Attachment], is a process by which a creditor can lay an embargo on money due to his debtor by a third party, or on moveable property belonging to tho same in the hands of sucn a party. If the debt has not been constituted by the decision of a court, the arrestment may be loosed if the debtor find security to pay. While the arrestment is in full force, if the person in whose hands it is taken {►ay his debt, or make over the property arrested to the arrester's debtor, he becomes iable for the debt. This process has of late been materially facilitated by the act 1 & 2 Vict. c. 114. ARROBA, a Spanish and Portuguese weight ; also a Spanish measure of capa- city. It varies in different places. The Arroba Weight, — Spanish standard = 25*36 lbs. avoirdupois ; Alicant = 27*38 do. ; Valencia = 28*25 do. ; Arragon = 27*76 do. ; Portugal = 32*38 do. The Arroba Measure of Capacity, — Spanish standard for wine = 3*54 Imp. galls., and for oil = 2*78 do. ; Malaga = 3*49 do. ; Valen- cia = 2*59 do. ; Canaries = 3*54 do. ARROW-ROOT, a farinaceous substance procured in America, the West Indies, and Ceylon, from the root of the Maranta arundinacea ; and in India, from the tubers of the Curcuma angustifolia. It is prepared in nearly the same manner as starch ; and when good, should be free from all musty flavour, white, insipid, and form a consistent jelly when dissolved in eight parts of boiling water. (Branded Pharmacy.) It retains its nourishing property unimpaired for many years. Arrow- root forms a common article of food for children and invalids ; and about 900,000 lbs. are now annually imported into this country, chiefly from the British West Indies, and very little of it is re-exported. The best is brought from the Bermudas, New Providence, and Ceylon. It is frequently adulterated with potato starch, and great care is necessary in purchasing it. S ARSENIC (Fr. Arsenic, Arsenic oxyde natif. Ger. Arsenik, weisse Arsenik. It. Arsenico, Arsenico uxneo), an exceedingly brittle metal, of a strong metallic lustre, and white colour, running into steel-gray. Sp. gr. 5*9. This substance ? however, being very soft, is of little value, and is not used in the arts. The arsenic of commerce ARS 27 ASH is the white oxide of that metal, or more correctly arsenious acid, a compound which is obtained chiefly in Bohemia and Saxony, in roasting the cobalt ores for making zaffre, and also by sublimation from arsenical pyrites. It is brittle, white, faintly sweetish in taste, more or less translucent, and is generally met with in cakes or tboir fragments, retaining the shape of the subliming vessel ; sometimes it has a yellow or reddish tinge owing to the presence of iron, sulphur, and other im- purities ; from these it is freed for pharmaceutical use by resublimation, when it is often obtained in vitreous transparent cakes, which, however, soon grow opaque and crumble. Sp. gr. 372. In the shops it is commonly offered for sale in the form of a fine smooth powder, which is liable to adulteration with chalk and gypsum ; but the fraud is easily detected by exposing the suspected substance to heat, when the pure acid is entirely sublimed, and the additions remain. Arsenious acid, though one of the most virulent poisons, is used in medicine. It is also employed as an ingredient in Scheele's Green and other dyes, and in the manufacture of flint-glass. Arsenic forms with sulphur two compounds, which are known in commerce under the names of Realgar and Orpiment. ARSHEEN, or ARCHIN, a Russian cloth measure = 28 Imp. inches or 071 French metre. ARTABA, a Persian measure of capacity = 2 Imp. bushels nearly. ARTICHOKE (Fr. Artichaut), an esculent vegetable {.Cynara scolymtis), having large perennial roots and annual stems, bearing Targe round heads. Each of these is composed of numerous oval calycinal scales, enclosing the florets, sitting on a broad fleshy receptacle ; this and the fleshy base of the scales, being the only eatable parts of the plant, are gathered before the expansion of the flowers. Jerusalem Artichokes are the tubers of the Helianthus tuberosus, a kind of sun- flower. This name is due to its strong resemblance in taste to the real arti- choke. AS, a denomination given to the ancient Roman libra, or pound of 12 uncus ; also to the principal Roman coin. This last was composed chiefly of copper ; and when first issued in the reign of Servius Tullius(B.c. 560) contained a pound of metal ; but the weight was gradually diminished, until by the Papirian law (b.c. 178), asses of half an ounce were coined. This rate was continued till Pliny's time (a.c. 70), and long after. The weight and value of the as, at different periods, is however a subject of much difference of opinion among antiquaries. ASARABACCA (Fr. Assaret. Ger. Haselkraut), the root and leaves of the Asarum Europceum, a perennial plant indigenous in Britain, but generally imported from the Levant. It contains a camphor-Tike principle, and a bitter essence which is combined with gallic acid. It is used in veterinary medicine, and also as an ingredient in most of the cephalic snuffs. ASBESTUS, or AMIANTHUS, a mineral in silky filaments, which, when mixed with oil, may be woven into a fire-proof cloth. Localities, Portsoy and Glenelg in Scotland, St Neverne in Cornwall, Corsica, and U. S. of America, where it is some- times used as iamp-wick. ASCENSION, a small island of volcanic origin, lying in 7° 56' S., and 14° 24' W., about 685 miles N.W. of St Helena, and 1450 from the W. coast of Africa. Length 8 miles ; breadth 6. It belongs to Britain ; and, being at present used as a store depot for the African squadron, is occupied by a detachment of marines, who are chiefly employed in rendering available its scanty resources for supplying the ship- ping with provisions and water. Ascension lies within the immediate influence of the S.E. trade-wind ; and as it is directly in the track of ships on their passage home from the East, such as do not touch at the Cape or St Helena, usually call here for refreshments. The roadstead at Georgetoum offers secure anchorage. This island was for a long time chiefly celebrated in the ' ■ Almanac des Gourmands," on account of the abundance of turtle found on it. The season for catching them is between February and July; and their usual weight is from 400 to 700 lbs. 4 * The turtle of Ascension, when scientifically served up, is esteemed of high and undoubted merit ; but it is in general too large to reach England.' ' ASH, a tree of which there are many varieties. The common ash (Fraxinus ex- celsior) is one of the most useful of the British forest trees, on account of its rapid growth, and the excellence of its hard tough wood. The timber of the common ash is that chiefly used for agricultural implements. It is also esteemed for the purposes of the coachmaker, cooper, and turner ; and for ladders, poles, and other purposes which require strength, elasticity, and comparative lightness ; while the underwood is excellent for hoops, rods, hop-poles, &c. It is, however, quite unsuitable for building purposes, as it neither stands moisture nor the weather. Of the known foreign species, the white American (F. Americana) is the only one that rivals the ASH 28 ASS common ash in value. It abounds chiefly in New Brunswick, Canada, and tho adjoining parts of the United States. ASHES. [Potash. Barilla.. Kelp, &c] ASHLAR, a name given to rough stones ; and to freestones when they are first taken out of the quarry. The term is also applied to a facing made of squared stones. ASPARAGUS (Fr. Asperge), a well-known esculent vegetable (Asparagus offi- cinalis), having a perennial root and annual stalks. The stems are cut for use when only a few inches above ground. There are two varieties, — the green and the red ; the former is considered the best flavoured, but the latter, owing to its larger size and showy appearance, is more esteemed by gardeners. ASPER, a small Turkish coin and money of account, equal at Constantinople to about the 100th part of a piastre. This proportion, however, varies in different places. ASPH ALTU M, a species of bitumen produced by the decomposition of vegetable matter. It is solid, brittle, of a black colour, vitreous lustre, and conchoidal frac- ture. It melts easily, and is very inflammable, — burning when pure without leaving ashes. Sp. gr. about 1*5. It abounds on the shores and surface of the Dead Sea, in Barbadoes, and in Trinidad, where it fills a basin of three miles in circumference. It also occurs in various parts of Britain and other countries. Asphaltum is some- times employed, when mixed with grease, for a coating to ships, in place of tar ; and a mastic or cement composed principally of it, has of late been used as a ma- terial for roofs and pavements. S ASS, a domestic quadruped resembling the horse, but much inferior to that animal, both in beauty and utility. The ass has nearly the same mouth-marks as the horse, — takes from 2 to 3 years in growing, and lives from 25 to 30. It is less subject to disease than the other, and being content with scanty and coarse fare, is employed in this country by poor people in drawing small carts, and in carrying burdens ; the female is, besides, valued for her milk. The abject condition of this creature in northern climes is in part owing to its never being the subject of at- tention. In eastern countries, particularly in Arabia, where the breed is not only carefully tended, but frequently improved by intercourse with the fleet and fiery onagar (or wild ass), it is an animal of great strength and considerable beauty. ASSAFCETIDA (Fr.It.&Por. Assafetida. Ger. Stinkander Asand. Arab. Hiltect. Pers. Ungoozeh), a medicinal gum-resin, composed of the juice of the roots of the Ferula assafoetida, a large umbelliferous plant growing in the provinces of Khorassan and Laristan, in Persia. In its recent state it is white and semi-fluid, but by exposure to the sun it gradually hardens, and assumes a reddish colour. It is imported into this country by way of India, and in trade is met with in large irregular agglutinated masses of a waxy consistence, having a motley appearance owing to the mixture of white drops with others of a violet, red, and brown tint. It has a nauseous alliaceous smell, and a bitterish acrid taste. Those masses are to be selected which are clear, of a pale reddish colour, and variegated with a number of elegant white drops or tears. An inferior kind, full of sand and very foetid, is said to be a compound of garlic, sagapenum, turpentine, and a little of the real gum. Assafoetida loses some of its smell and strength by keeping ; it should, therefore, be preserved in bladders shut up in tin boxes, and kept apart. (Duncan's Dispensatory. Brande's Pharmacy.) ASSAY, or ASSAYING (Fr. Coupellation. Ger. Abtreiben aufder capelle), a process by which the quality of gold and silver coin, plate, or bullion, is determined. ASSETS, from the French assez, is used in England to signify goods enough to discharge the burden which is cast upon the executor or heir, of satisfying the debts and legacies of the testator or ancestor. They are divided into personal and real. The latter were not applicable to pay simple contract debts, until the passing of the act 3 & 4 Wm. IV. c. 104, intituled, " To render Freehold and Copyhold Estates Assets for the Payment of Simple and Contract Debts." On this subject, see Ram's Treatise of Assets, Debts, and Encumbrances. The word assets is employed in a more general sense to designate property presumed to be set apart to meet any obligation ; thus the acceptor of a bill is said to have assets of the drawer in his hands. It is also commonly used in trade to designate the funds, or property in possession of a merchant, in contradistinction to his liabilities or obligations. ASSIGN ATS, the paper-money issued in France after the Revolution. The want of public confidence and stagnation in trade, caused by that event, having led to the withdrawal of nearly all the current coin, tho revolutionary government, with the view of providing a substitute, and at same time creating a market for the confiscated property possessed by them, issued notes in the following form : — •" Na- tional Property Assignat of 100 francs." These notes were a legal tender ; but they ASS 29 ASS differed from every other paper currency in not even professing to represent any specified tiling ; the relation of " National property " to 100 francs obviously de- pending on the comparative quantity of the property purchasable, and the number of assignats issued, neither of which was defined. The first issue was in May 1790, to the extent of 400 millions of francs, which bore interest by the day, like Exchequer bills. To this was added 800 millions in September 1790, without the liability to pay interest. The government, finding this an easy method of supporting their treasury without new taxes, seized every opportunity to increase their issues, so that in 1793 they amounted to 3626 millions ; in 1794, to 8817 millions ; in 1795, to 19,700 millions ; and lastly, in September 1796, to 45,579 millions of francs, or the immense sum of £1,823,160,000. These excessive issues produced a rapid depreciation in the value of the paper, so that in 1796, an assignat of 100 francs, professing to be worth £4, was currently exchanged for 5h sous, or less than threepence. Having thus sunk below 1 -300th part of their nominal value, they were called in, — the government offering to take them at 1 per cent, in payment of a forced loan, which was imposed in money, and to give mandats, a new species of paper-currency, in exchange for them, at the rate of 3 per cent. The ultimate result was, that of the whole 45,579,000,000, 12,744,000,000 were in some way or other discharged ; the remaining 32,835,000,000 continued waste-paper in the holders' hands. The man- dats were of the nominal value of 2,400,000,000 francs (or £96,000,000) ; but they came out at a discount, and gradually sunk to less than l-70th of their nominal value. They were issued June 9, 1796, and extinguished, partly in the purchase of confiscated property, and partly in the payment of taxes, before the end of the fol- lowing September. This financial bubble produced more profligacy, injustice, and misery, throughout France, than all the proscriptions and sanguinary violence of the Reign of Terror. ' ' Every body," says Mr Senior, " taxed his ingenuity to find employment for a currency of which the value evaporated from hour to hour. It was passed on as it was received, as if it burned every one's hands who touched it." " Those who depended on fixed money payments were reduced to beggary; and beggary at periods of general distress, is starvation.' Every morning there were found in the waters, and on the shores of the Seine, the bodies of wretches who had preferred death by suicide to death by starvation. The state of the labouring classes was scarcely more tolerable." The revolutionary convention made efforts equally violent and senseless, to prevent the constantly in- creasing depreciation of assignats in metallic money and in commodities; the rate at which corn, provisions, fuel, clothing, and other necessary articles, were to be exchangeable for assignats, was fixed by law ; and fine, imprisonment, confiscation, and death, were substituted for the ordinary motives to commercial transactions. Of course, the majority of the shops were shut ; and in those which continued open, only the worst articles were exposed to sale. The bakers' shops were the principal subjects of legislation. They were not to be entered without a certificate ; and a long rope was extended from the counter into the street, which the file of candidates for purchase were to lay hold of, in order to ensure their entering the shop in fair succession. Many, however, spent whole nights in the street, in vain attempts to make their entrance ; and sometimes the feeble were suffocated or trampled to death in the consequent struggles. At length the Convention felt the impossibility of using fear instead of hope as the motive of production and exchange ; and their coercive laws were abandoned ; but not without leaving on the minds of the French people a prejudice against the use of paper-money which has continued to the present time. (Senior on Money, p. 78. Starch, Economie Polit. v. 4. p. 164.) ASSIGNEES, in the law of bankruptcy, are the persons to whom the realization, management, and distribution of the estate of a bankrupt are committed, subject to the control of the court of bankruptcy. They are either official, provisional, or chosen. Assignees, Official, are officers of the court of bankruptcy, appointed to co- operate in town bankruptcies with the assignees chosen by the creditors, to prevent loss to the estate from the fraud, insolvency, or negligence of the latter. They were brought into existence by the Bankruptcy Court act, 1 & 2 Wm. IV. c. 56. They are appointed by the Lord Chancellor, to the number of thirty, and must consist of ■ merchants, brokers, accountants, or persons who are or have been engaged in trade in the city of London or Westminster, or the parts adjacent." One official assignee must act with the others chosen by the creditors ; and in this capacity he is subject to the regulation of the Chancellor and the Court of Bankruptcy. The official assignee acts alone till the creditors have made their election. All the personal estate, and the rents and profits of the real estate, and the proceeds of sales vest in the official assignee alone, unless it be otherwise directed by the Court of Bankruptcy. He must deposit in the Bank of England, to the credit of the accountant-general, " all stock in the public funds or in any public company, and all monies, exchequer bills, India bonds, or other public securities, and all bills, notes, and other negotiable instruments," to be subject to the order of the court. On neglect of the above rule, he is liable (as in the case of the assignees chosen by the creditors) to be charged interest on the property at the rate of 20 per cent. Official assignees must not interfere with the assignees chosen by the creditors, " in ASS 30 ASS the appointment or removal of a solicitor or attorney, or in directing the time and manner of effecting any sale of the bankrupt's estates or effects." (1 & 2 Wm. IV. c. 56, §§ 22, 23; 12 & 13 Vict. c. 106.) Official assignees are in like manner appointed to act with the creditors' assignees in all bankruptcies pi osecuted in the country ; the official assignees, however, not to interfere with the creditors' assignees in the appointment of the solicitor chosen by them, or in directing the time and manner of disposing of the bankrupt's estate and effects. Fourteen days before a final dividend is advertised under any bankrupt's estate, a debtor and creditor account is to be fur- nished by the official assignee to the creditors' assignees, and to any creditor who may apply for the same, and to any other person, not being any creditor, upon payment of such sum, not exceeding two shillings and sixpence, as shall be fixed by the court. When only one or more partners of a firm are bankrupt, a creditor to the whole firm is entitled to vote in the choice of assignees, and to assent to or dissent from the certificate ; such creditor not to receive any dividend out of the separate estate of the bankrupt till all the other creditors are paid the full amount of their debts, unless he be a petitioning creditor. The commissioners, on stating their reasons, in writing, may appoint a provisional assignee until assignees be chosen by the creditors. Assignees, Chosen, are the persons to whom the realization, management, and distribution of the bankrupt estate is intrusted, subject to the control of the com- missioners and the court. In all bankruptcies, they act in concert with the official assignee as stated above. When the commissioners used to advertise three public meetings for the bankrupt to surrender and conform, the assignees were chosen at the second; and the number being limited to two by 1 & 2 Wm. IV. c. 56, § 20, the choice takes place at the first. The election is decided by a majority of the creditors whohave proved to theamountof£10 and upwards. Votes may be given by authority of letter of attorney on proof of the execution, either by affidavit before a Judge in Chancery, or parole oath before the commissioners ; and, in the case of the creditor residing out of England, by oath before a magistrate duly attested by a notary- public, British minister, or consul (12 & 13 Vict. c. 106.) The first duty of the assignees is to see that the bankruptcy is valid; to this end they are entitled to all serviceable information from the petitioning creditor. On ascertained defects, the assignees may apply to have the bankruptcy superseded, but such applications are received with jealousy. In country bankruptcies they still must keep an account in which is entered all property received from, and all payments made to account of, the bankrupt estate, to be open to the inspection of the creditors at all reasonable times. The commissioners may at any time summon assignees before them, and require them to produce all books, papers, deeds, writings, and other documents relating to the bankruptcy, in their possession, and may enforce their order by warrant and imprisonment if necessary. The majority at the meeting for choosing assignees may determine how and where the money received from time to time is to be deposited, and on their not so determining, the commissioners are to direct. No money is to be paid into the hands of any commissioner, or the solicitor of the bankruptcy, or of any company in which a commissioner, an assignee, or the solicitor is interested (§ 102). Commissioners may direct money to be invested in exchequer bills, and how such exchequer bills are to be administered (§ 103) ; and any assignee retaining in his own hands, or employing for his own benefit, money to the extent of £100, or countenancing any other assignee in doingso, or neglecting when directed to invest money in exchequer bills, becomes chargeable with 20 per cent, interest on the amount during the period of misapplication (§ 104). If an assignee, being debtor to a bankrupt estate for money so misapplied, become bankrupt, his certificate can only have the effect of freeing his person from impri- sonmentj but his future effects (tools of trade, and necessary household goods, and wearing apparel of himself and family excepted) remain liable for the debt with interest (§ 105). Assignees are entitled to charge expenses necessarily disbursed on the bankruptcy. " As, on the one hand, they may not devolve upon an account- ant duties which they are themselves competent to discharge, so, on the other hand, if they cannot do their duty to the creditors without calling in the aid of an accountant, they are justified in calling in such aid " {Henley's B. L. 213). Where an assignee is an accountant, he is not entitled to charge for business done in that capacity. A majority of the assignees choose the solicitor of the bankruptcy, who ought not either to be one of their number, or the private agent of the bankrupt. The assignees are liable to him for reimbursement and remuneration. Assignees, commissioners, and the solicitor are alike incapacitated from being purchasers of any part of the bankrupt estate, or of dividends. Assignees may, with approbation of the Subdivision Court, appoint the bankrupt to superintend the management of the estate, or to carry on the trade for the behoof of the creditors (1 & 2 Wm. IV. c. 56, § 35). At the meeting for the last examination of the bankrupt, the com- missioner.* anpoint a public meeting not less than four months after the date of the ASS 31 ASS fiat, and not more than six months after that of the meeting (of which twenty-one days' notice must be given in the Gazette), to audit the accounts of the assignees, who must deliver a state on oath of all monies received by them, and when ana on what account the same have been employed, and the commissioners examin- ing the accounts must ascertain what balances have been in hand from time to time, and whether any sum appearing in hand ought to be retained. Assignees may be examined on oath touching the truth of the accounts The proceeds of the estate of the bankrupt must not be deposited in any banking-house or place in which any assignee, commissioner or solicitor is interested. Assignees are of the nature of trustees, each is responsible only for his own acts, and there is contribution between them to reimburse an assignee for payments occasioned by their joint acts. Vesting and Disposal of Bankrupt Estate. — Previously to the Bankrupts' Court Act the estate and effects of the bankrupt were assigned, with the exception noticed below, by the commissioners acting in the commission. By 1 & 2 Wm. IV. c. 56, §£ 25, 26, all the bankrupt's personal estate, and all his real estate in the united kingdom an d the colonies, vests in the assignees by their appointment, without any deed of conveyance. When, according to the laws of the place where the real property is situated, a conveyance requires to be recorded, the certificate of the appointment of the assignees is registered (§ 27). The above provisions refer to those species of property which, by 6 Geo. IV. c. 16, were appointed to be assigned by the commis- sioners. From this method of disposal estates tail in England and Ireland, and copyholds, were excepted, the commissioners being authorized to sell them for the benefit of the creditors (§§ 65, 68), and by the Fine and Recovery Act, 3 & 4 Wm. IV. c. 74, the disposal of estates tail by the commissioners is facilitated. By 6 Geo. IV. c. 16, § 77, all powers vested in the bankrupt which he might execute for his own benefit (except the right of nomination to any ecclesiastical benefice) maybe executed by the assignees for behoof of the creditors. Where the bankrupt is invested with property in trust for the use of others, the court, on petition, will direct the assig- nees to transfer the same to proper persons for behoof of those interested (§ 79). Where the bankrupt holds any government stock, funds, or annuities, or the stock of any public company in the United Kingdom, the commissioners may in writing direct the persons whose consent is necessary to that end, to transfer the same to the name of the assignees, and those acting in virtue of such direction are indemni- fied (§ 80). Where the bankrupt has pledged property or deposited deeds subject to redemption, the assignees may, before the time of performance, fulfil the con- dition of redemption, as completely as the bankrupt might have done, and may dispose of the property recovered, in the usual manner (§ 70). " If any bank- rupt, being at the time insolvent, shall (except upon the marriage of any of his children, or for some valuable consideration) have conveyed, assigned, or transferred to any of his children, or any other person, any hereditaments, offices, fees, annuities, leases, goods, or chattels, or have delivered or made over to any such person any bills, bonds, notes, or other securities, or have transferred his debts to any other person or persons, or into any other person's name, the commissioners shall have power to sell and dispose of the same as aforesaid ; and every such salo shall be valid against the bankrupt, and such children and persons as aforesaid, and against all persons claiming under him " (§ 73). By § 72, " If any bankrupt, at the time he becomes bankrupt, shall, by the consent and permission of the true owner thereof, have in his possession, order, or disposition any goods or chattels, whereof he was reputed owner, or whereof he had taken upon him the sale, alteration, or disposition as owner, the commis- sioners shall have power to sell and dispose of the same for the benefit of the creditors under the commission : Provided that nothing herein contained shall invalidate or affect any transfer or assignment of any ship or vessel, or any share thereof, made as a security for any debt or debts, either by way of mortgage or assignment, duly registered according to the provisions of an act of parliament made in the fourth year of his present majesty, intituled A n Act for the Registering of Ves- sels." The act alluded to is 4 Geo. I V. c. 41 , for which 3 & 4 Wm. I V. c. 55 (see § 43) is now substituted. [Registry.] The property to which the foregoing enactment ap- plies must come within the definition of personal goods and chattels, such as ships, furniture, utensils in trade, stock, bills of exchange, policies of insurance, shares in public companies and in newspapers, &c. " Chattel interests in lands, houses, and things affixed to the freehold, or shares in a company seised of real estate, are not within the statute " (Henley's B. L. 270). The provision only applies to property in hand at the time of the act of bankruptcy, and not to goods received before or obtained after it. It has been laid down, that a removal on the day of the ASS 32 ASS bankruptcy does not take the property out of the statute, and the same was held where goods were fraudulently removed on the day before (Darby v. Smith, 1798, 8 T. R. 82). The possession must be with " consent and permission " of the owner, and so the property of infants incapable of consenting, or fraudulently obtained, is not within the statute. The interim possession by a carrier through whom the bankrupt has sent goods, does not alter the reputed ownership, but that of a pawneo holding in pledge does. Property deposited for a particular purpose is not held within the statute ; thus, bills lodged with a banker for the purpose of obtaining payment do not vest, but it is otherwise where they are not remitted for a particular purpose, but to be discounted and credited to the remitter. Goods in the hands of a factor do not pass to his assignees, but those on sale and return are within the statute. The question of reputed ownership is generally a question of fact for the consideration of a jury. Among the other effects of the bankrupt, which vest in the assignees are, 1st, Pro- perty in right of his wife, unless she hold it by the custom of London as a sole trader, or it is settled to her separate use. 2d, Choses in action, including whatever right existed in the bankrupt to sue for performance of beneficial contracts, and for remedy of wrongs committed as against his property, but not of personal wrongs. By 6 Geo. IV. c. 16,§ 76, where the bankrupt has entered on an agreement to purchase an estate or interest in land, the vender may require the assignees to choose whether they shall perform the agreement or not, and if they do not make their election, he may apply to the court for restoration of the property. 3d, Advowsons, which may be sold for behoof of the creditors, but if a vacancy occur before the sale, the bankrupt presents. 4th, Leases. On this subject we take the following remarks from Mr Smith : " The assignees are not bound to accept a term for years belonging to the bankrupt ; for it might be burdened with rent and covenants beyond its value, and prove a loss instead of a benefit to the creditors. Such an estate, till they have done some act to manifest their acceptance of it, remains in the bankrupt, subject to the right of the assignees to adopt it. It has frequently become a question, what acts will amount to such an adoption. The general rule is, that any intermeddling with the estate, in the capacity of owner, amounts to an adoption of it ; but not a mere experiment to ascertain its value. Thus, where the assignees entered and kept possession of the premises for three months, they were held to have adopted the lease, though the bankrupt's effects were on the premises during that period, and immediately after the sale they delivered up the key. But they were held not to have adopted the term, by advertising it for sale, without stating it to belong to them, nor by or for whom it was to be sold, but only that there was a saleable term ; for that might be a mere experiment to ascertain its value. " The lease remaining in the bankrupt till the assignees' election, he would, in the mean while, and afterwards, in case of their refusing it, be liable to rent, and would be chargeable on his express covenants, whether the assignees accepted the lease or declined it. However, by st. 1 Geo. IV. c. 16, § 75, " ' A bankrupt entitled to any lease or agreement for a lease, if the assignees accept the same, shall not be liable to pay any rent accruing after the date of the commission, or to be sued in respect of any subsequent non-observance or non -per- formance of the conditions, covenants, or agreements therein contained ; and if the assignees decline the same, shall not be liable as aforesaid, in case he deliver up such lease or agreement to the lessor or such person agreeing to grant a lease, within fourteen days after he shall have had notice that the assignees shall have declined as aforesaid ; and if the assignees shall not (upon being thereto required) elect whether they will accept or decline such lease or agreement for a lease, the lessor or person so agreeing as aforesaid, or any person entitled under such lessor or person so agreeing, shall be entitled to apply by petition to the Lord Chancellor, who may order them so to elect and to deliver up such lease or agreement, in case they shall decline the same, and the possession of the premises, or may make such other order therein as he shall think fit.' " This section applies only to the case of a lessee, not to that of the assignee of a lessee. And though the "bankrupt, complying with the provisions of the act, cannot be sued for any breach of covenant subsequent to the date of the fiat, and is discharged from his express covenants contained in the lease, although he should come in again as the assignee of his own assignees ; yet a surety for the perform- ance of those covenants is liable for breaches accruing between the date of the commission and the delivery up of the lease. The assignees, as they may if they please repudiate the lease, so, if they do, are not allowed to take advantage of any covenants contained in it. If they accept it, they may, like ordinary assignees, ASS 33 ASS exonerate themselves from future liability by assigning it over even to an insolvent person" (Smith's Mercantile L. 567-569). By 6 Geo. IV. c. 16, § 88, the assignees, with consent of a majority in value of the creditors assembled at a general meeting called on twenty-one days' notice in the Gazette, may compound with any debtor to the estate, or submit any dispute to arbiters to be chosen by the assignees and the majority in value on the one hand, and the person with whom they are in dispute on the other ; " provided that if one-third in value or upwards of such creditors shall not attend at any such meeting (whereof such notice shall have been given as aforesaid), the assignees shall have power, with the consent of the commissioners, testified in writing under their hands, to do any of the matters aforesaid." By 1 & 2 Wm. IV. c. 56, § 43, the arbi- tration may be made a rule of court. [Arbitration.] It is the duty of the assignees to bring the estate recovered to sale without unne- y delay ; and with this branch of management, the official assignee is prohibited from interfering (1 & 2 Wm. IV. c. 56, § 23). It is a general rule that the credi- tors not only as a body, but as individuals, are entitled to insist on a speedy realiza- tion of the property ; and if assignees delay to make sale, though in opposition only to one individual, they will incur responsibility. However advantageous it may appear, a creditor cannot be dragged into a speculation which may render the rtturns from the estate future and uncertain, and it has been laid down that the es under a separate bankruptcy against one partner, cannot engage in a new adventure with the solvent partner, without the consent of every one interested in the estate (Chancellor's opinion, Crawshay v. Collins, 1808, 15 Vesey, 228). For the auditing of assignees' accounts "and the payment of dividends, see Bank- ruptcy. The Commissioners of the Bankruptcy Court have power to remove assignees on their own discretion, and without appeal. Assignees have been removed for purchasing part of the bankrupt estate, and for permanently residing beyond the jurisdiction of the court. On removal of an assignee the rights he had acquired vest in his successor (Henley's Bankrupt L. 207-255. Smith's Mercantile L. 547-590. Statutes as quoted). [Act of Bankruptcy. Bankruptcy. Proof. Certifi- cate.] In Scotland the duties which correspond with those of the assignee in England, devolve on the trustee. [Sequestration. Trustee.] In Ireland, by 12 & 13 Vict. c. 107, the law as to assignees in bankruptcy, is framed on the model of that of England, — there are, however, no official assignees, and therefore the rules applicable to the country bankruptcies only apply. The various sections embracing the subject are as follows : By § 72 assignees are to be chosen at the first sitting appointed by the commissioners ; and §§ 74-77 provide for the vesting of the bankrupt's estate in the assignees, without conveyance. By § 78 a certificate of the appointment of assignees must be entered in the office for enrolment of matters relating to bankruptcy. By § 79 the com- missioners are entitled to dispose of estates tail, in conformity with the provisions of the Fine and Recovery Act (3 & 4 Wm. IV. c. 74). Section 86 provides for goods in the reputed ownership of the bankrupt passing to assignees, with the exception of red securities on ships (for which 4 Geo. IV. c. 41, is referred to instead of ?> 6l 4 Wm. IV. c. 55), and §§ 89-91, 94, provide as to leases, inchoate agreements to purchase real property, powers, and stock, vested in the bankrupt, as detailed above with regard to England. Section 102 empowers assignees with consent of creditors (or if one-third in value do not attend the meeting, with consent of com- missioner) to compound debts, and submit disputes to arbitration. By § 121 as- signees are to keep a book of accounts of the bankrupt's estate, and commissioners are empowered to summon assignees, and enforce production of documents ; and by § 120-123, the vesting of money according to direction of majority of value of the creditors, and purchase of Exchequer bills by direction of commissioner are enjoined. Section 124 provides for auditing assignees accounts. ASSIGNMENT, Eng. & Ir. ; ASSIGNATION, Scot, is an agreement, by which a right or interest in one person is transferred to another. The granter is called cedent or assigner, the receiver assign or assignee. In England an assignment is employed in real property, generally for the purpose of transferring temporary or defeasible estates, such as estates for life or for years ; and it differs from a lease in as far as it transfers the whole interest of the granter. In Scotland, in real property transactions, imperfect titles containing authority to the holder to complete them, are transferred to purchasers and others, by assignation,to enable them to makegood their titles, and the portions to run of leases are common subjects of assignation. ASS 34 AUC In moveable property, when the assignment conveys property in the possession of the assigner, the contract comes properly under the head of " Sale." In its more limited acceptation, however, the term is generally used to express the conveyance of a right which theassigner has to the subject of the transaction. In this manner debts, contracts, and all those rights which in England are called choses in action, and by the civilians jura ad rem, are the proper subjects of assignment. Among the most ordinary assignments is the indorsation of bills of exchange, bills of lading, and such like. By an old rule of the common law of England, a chose in action could not be conveyed, because such conveyance led directly to " maintenance," or that offence which arises from the money of one person being employed in prosecuting the suit of another. This rule still holds good in the common law courts, with some exceptions, among which are assignments of bills by indorsation. To enable assign- ments of bonds to be supported in those courts, a power of attorney authorizing the assignee to sue in name of the assigner is employed, and the courts so far aid the transaction, that if the obligee in such a document has paid the contents to the original obligor after notice of the assignment, he cannot plead the payment in a suit at the instance of the assignee. Courts of equity have always given full force to assignments (Blackstone's Com. ii. 442). In Scotland, intimation of an assignation to the obligee is necessary, not only to give a preference to the assignee over one acquiring a posterior title, and to pre- vent the obligee from fulfilling his contract with the original obligor, but for the completion of the transference. The regular form of notice is made by the assignee or his procurator appearing before the obligee, or repairing to his dwelling house in pre- sence of a notary and two witnesses, and readingthe assignation or leaving a schedule of it. If the obligee is not in Scotland, the intimation must be made at the Register House. The narrative of the giving notice is reduced to a probative instrument by the notary. Professor Bell observes, that " an assignation [in England] of a debt due in Scotland, produced in a competition with creditors arresting the fund, will be ineffectual without intimation or something equivalent." A formal notice, attested by a notary public, is not always necessary, — equivalents are admitted. Thus an action, or any kind of legal execution, raised by the assignee against the debtor, is effectual notice. A bill accepted, or even protested for non-acceptance, is held suf- ficient notice of an assignation of a money-debt ; and an acknowledgment of notice in the debtor's handwriting on the assignation, or in a paper apart, is sufficient. A partial payment will prove notice in so far as respects the debtor. Some trans- ferences of property, which take place in the course of the administration of justice, or by the fixed rules of the law, are called assignations, as adjudications of real property, marriage in the case of the property of a female, &c. These do not require notice, but the debtor will be justified in paying to the original creditor until he is acquainted with the event. A mere document of debt may be transferred by indorsation ; but a special assignation is necessary to convey the diligence that may have followed on it. Diligence (or execution) taken out in the name of the cedent, cannot be used in that of the assignee without judicial warrant (Erskine's Inst. b. iii. tit. 5. Bell's Com. ii. 16-20). ASSIZE, an ordinance or decree regulating the price of bread, ale, fuel, or other common necessary of life. Bread was formerly rated according to the price of wheat. Assizes were in ancient times very common ; and the power to set one on some articles still subsists, though it is seldom or never acted upon. The inutility of such regulations is now too obvious to require comment. ASSURANCE. [Insurance on Lives.] ATTACHMENT, in its general sense, is a writ issued by a court of justice on bare suggestion, or on the judges' own knowledge, against a party who has committed a contempt. Foreign attachment, by the custom of the city of London, is a process by which property in the hands of some party, other than the debtor, may be at- tached for payment of the debt. It may proceed from the court of the Mayor or of the Sheriff, but the former is the more advantageous. A debt may be attached in the hands of the garnishee (literally the person warned, viz. he who has the pro- perty of the debtor in his hands) before it is due, but cannot be levied till the term of payment. The original debtor must be summoned and have notice. Attachment cannot proceed on goods in thehands of a carrier {Comyns' Digest, v. Attachment). ATTORNEY, POWER OF. [Letter of Attorney.] AUCTION, SALE BY, is the public sale of property, to whatever person pre- sent will give the highest price for it. By the usual form in this country, the pro- perty is set up at a minimum, and intending purchasers bid above each other, until no one will bid more. By the form commonly called Dutch auction, a price higher AUC 35 AUC than that expected is named at the commencement, and gradually reduced until some one consents to purchase. In England, sales by auction come within the statute of frauds, 29 Ch. II. c. 3, and therefore, when the price of any article is £10 or upwards, the contract is not good unless the buyer take delivery of a part, or receive earnest, or a memorandum in writing be signed by the parties or their agents. In auctions, the auctioneer is from the commencement agent for the vendor, and, by bidding, the proposing pur- chaser is held also to constitute him his agent. It will be sufficient conformity with the statute of frauds, that the auctioneer write the initials of the purchaser's name opposite to the lot in the catalogue, if the conditions of the sale be annexed to the catalogue, or clearly referred to. An auctioneer, while acting as such, can- not purchase the property he is employed to sell. He has a lien for charges and auction duty, first on the goods, and when they have been delivered, on the price. An auctioneer is liable for deterioration of the goods through his negligence, but not for unavoidable casualties. [Bailment.] It is his duty to sell to the highest bidder, but no action will lie against him for not obtaining the price he was instructed to obtain, though action will lie for not putting up at the price fixed by the vendor. The fall of the hammer decides the completion of the contract (unless some other criterion be adopted, such as the running of a sandglass, or the burning of a candle), and until that event occurs a bidder may retract. It is said that in Eng- land, where the sum bid is £10 or upwards, and so comes within the statute of frauds, he may resile before the writing is completed. On the part of the exposer the sale must be conducted without the adoption of undue means for raising the price, and so that the lots may fall to the highest real bidder among intending purchasers. Fictitious bidding, by means of persons termed " white bonnets," is unlawful, and vitiates the sale. The clause of the act 42 Geo. III. c. 93, referred to below, countenances buying in by the exposer or his agent, provided " the fairness and reality of the transaction" be " certified." If due notice is given of such intention, therefore, the owner may bid. If the sale be advertised, however, as " without reserve," it would appear that he cannot do so. Fraudulent descrip- tion or concealment will vitiate the transaction ; it is a common fraud to mix effects (such as pictures and other works of art) with collections which have acquired a reputation from the judgment of their possessor, and to sell the whole as having been his. Such a fraud will vitiate the transaction. On the other hand, bidders must not combine, or use other means to prevent the sums offered from rising to the extent they would reach were each person besides the final purchaser freely to bid the utmost he intends to give. Thus the contract was voided where a purchaser declared to the people around him that he had a claim on the property exposed (Fuller v. Abrahams, 1821 ; 3 Brod. § Bing. 116). In Scotland, three persons having been commissioned to bid for property at a sale, agreed that the one who had the highest commission should purchase at the upset price, and divide the difference among his associates ; besides the reparation for fraud, the sale was found void (Murray v. Macwhan, 1st March 1783, M. 9567). Where there are printed conditions of sale, they cannot be altered by the verbal statement of the auctioneer. It is suf- ficient publication of the conditions, that they are posted on the auctioneer's box, or on the wall of the room, or are attached to catalogues circulated among the frequenters. (Babington's Law of Auctions. Sugden's Law of Vendors, 13-45. Morton on Vendors and Purchasers, 148-165.) Auctioneer, is a person whose business is to conduct sales by auction. It is his duty previously to the commencement of every sale to state the conditions under which the property is offered; to receive the respective biddings; and to declare the termination of the sale. For these purposes he commonly makes use of a hammer, upon the falling of which the biddings are closed. In 1845, by 8 Vict. c. 15, the duties on sales by auction were repealed, and previous statutes so far as they related to the collection of them. Under this Act even- auctioneer is required to take an annual excise license, for which £10 is to be paid ; the license to be renewed ten days at least before the expiration thereof, on the fifth of July in every year, under the penalty of £100 for omission, and earning on the business of an auctioneer without such license; a separate license is requisite to sell plate or other articles. But certain sales need not be con- ducted by a licensed auctioneer, namely, goods sold under a distress for less than £20, for rent or tithes, and under the provisions of certain small debts acts. By AUD 36 AITS § 7, prior to the commencement of an auction, the auctioneer is required to sus- pend in some conspicuous part of the room a ticket or board, containing his full christian and surname and place of residence; and to produce his licence to, or deposit £10 with any officer of excise or customs, or stamps and taxes, who may demand its production; in default, he may be arrested at the termination of the sale, and conveyed before a justice, who may commit him to prison for any time not exceeding one calendar month, and this imprisonment is not to affect any proceedings for the penalty incurred for selling without a licence. On the pro- duction, within a week, of the licence, the deposit of £10 is to be returned by the officer. An auctioneer who has duly paid the licence-duty is not liable, in the city of London, to the penalties for acting as a broker without being admitted agreeably to 6 Anne, c. 1 6. The net revenue derived from auction-duties in the year ended January 5, 1840, was in Eng- land £263,567; in Scotland, £21,014 ; in Ireland, £13,824 ; total, £298,405. AUDIT, an examination of accounts by persons duly appointed. AUNE, a French cloth measure ; the aune zisuelle =■ Al\ Imp. inches ; the old aune of Paris = 464 Imp. inches. AUSTRALIA. [New South Wales. Queen's Land. South Australia. Van Diemen's Land, or Tasmania. Victoria. Western Australia.! AUSTRIA, an empire situated betwixt lat. 42° and 51° N., and long. 8° and 26° E. ; and bounded N. by Saxony, Prussia, Poland, and Russia ; W. by Bavaria, Switzerland, and Piedmont ; S. by Tuscany, the Ecclesiastical States, the Adriatic, and Turkey ; E. by Turkey and Russia. Area, 255,226 square miles. Population, according to the latest returns, Austria Proper, 2,113,915 ; Styria, 859,841 ; Tyrol, 786,543 ; Bohemia, 3,897,076 ; Moravia and Austrian Silesia, 2,066,218 ; Illyria, 1,145,445 ; Galicia or Austrian Poland, 4,548,534 ; Hungary, Sclavonia, and Croatia, 11,536,431; Transylvania, 2,034,385; Dalmatia, 309,412 ; Venetian Lombardy, 4,332,581 ; total, 33,630,381 . Capital, Vienna, pop. 330,000. The government is mon- archical ; in Hungary, the nation shares the legislative, and even the executive power, with the emperor ; and the Tyrolese possess to a certain extent the same privileges. In other parts there are provincial diets, but they are consulted only as to the mode of raising the taxes ; so that his imperial majesty is in a great measure an unlimited sovereign. The Austrian empire being generally mountainous, the plains, which occur chiefly in Hun- gary and Galicia, occupy a comparatively small part of the surface. In point of climate, the whole may be divided into three regions. The southern extends from lat. 42° to 46° N., where the depth of winter resembles the month of March in northern countries ; and where are found the olive, myrtle, vine, fig-tree, and even pomegranate. In the middle region, from lat. 46° to 49° N., the olive is not found, but vines and maize thrive in favourable situations ; winter lasts from 3 to 4 months ; summer is warm, but variable ; and the air is salubrious, except in the vicinity of the Hungarian marshes. The northern region extends from lat. 49° to 51° N., where the winter is severe, and lasts fully 5 months ; vines and maize are no longer to be met with, and even wheat requires a choice of situation. The soil, though of endless variety, is in general fertile ; but in agriculture, Austria has not kept pace with other European states. Great pains have, however, been lately taken to improve the land, and about 4-5ths of the entire area have been brought into use. The arable portion forms less than one half ; the forests and woodlands more than a third ; the vineyards about l-50th ; and the meadow andgrazingground, each about 1-1 lth of the available surface. The country abounds in minerals. The mires of gold and silver in Hungary and Transylvania, and of quicksilver at Idria in Carniola, are the richest in Europe ; lead and copper are produced in considerable quantities ; and the supply of iron is almost inexhaustible, though the quantity raised is limited by the dearness of fuel. Tin, calamine, zinc, cobalt, antimony, chrome, bismuth, manganese, also exist ; and indeed nearly every metal except platinum, is to be found in different parts of the empire. Salt exists in abundance : the celebrated mine of Wieliczka, in Galicia, yields annually 35,000 tons ; and the total yearly produce of the empire is nearly equal to the consumption, as its importation is prohibited. Vitriol, alum, soda, sulphur, and saltpetre, are likewise found in great quantities. Scarcely a province is deficient in coal ; but the quantity raised is trifling, owing to the abundance of fuel obtained from the forests. Marble and a variety of precious stones also occur. The silk produced yearly is estimated at upwards of 7,000,000 lbs., a great part of which is exported from the Italian provinces, where it is chiefly raised. The produce of the vine, though far short of what it might be rendered, is a source of considerable wealth ; and a large quantity is exported, chiefly to the adjoining states ; the finest is the celebra- ted Tokay, made at Zemplin, in Hungary. Olive oil is produced in large quantities in the Italian provinces. Besides these articles, tobacco, hops, hemp, flax, and potash, are produced in sufficient quantity to afford a surplus for exportation. The manufactures of Austria are considerable, though by no means proportionate to its natural resources. Those of linen and woollen in Moravia and Bohemia have long been celebrated, and AUS 37 AUS the introduction of Jacquard's machinery has produced a rapid extension of the silk manufacture, especially in Lower Ens, at Vienna, and in the Italian provinces. The cotton manufacture em- ploys a great many hands, but it is not in a prosperous condition, and is indeed entirely supported by the present high rate of duty on foreign articles. The other manufactures are chiefly those of iron, leather, paper, and glass; the last chiefly in Bohemia. The proportion of the manufac- turing classes to the agricultural, is said to be as one to four. The internal commerce, though burdened in some branches by government monopolies, and by the frontier duties of each separate state, is still very considerable. The communication be- twixt distant places is facilitated by navigable rivers, and generally by good roads, on which the government bestow great attention. Of the rivers, the most important are the Adige, Po, Elbe, and above all the Danube, which, with its tributaries, pervades the whole empire, crossing, however, its eastern boundary at about 500 miles from the sea. An important aspect has been lately given to the navigation of the Danube by the introduction of steam- vessels. This was first accomplished in 1828, by two English shipbuilders, Andrews and Pritchard. A company has since been formed, with a charter for 25 years, to prosecute further this great object ; and it is stated, that there are now 9 steam-boats on the river, forming a chain of communication betwixt Vienna and Constantinople. This navigation is throughout rather difficult, owing to shoals and rapids ; and at Orsova, it is altogether impeded by rocks. A further disadvantage occurs from the fact, that the mouths of the river are now in the possession of Russia, who is said to view with jealousy the extension of this navigation. With the view of keeping the communication open, it has been proposed to cut a canal from the nearest point to Kustendji, on the Black Sea. Vienna is the great storehouse of the internal trade of the empire ; the other commercial towns are Prague, Pesth, Cronstadt, Lemberg, Brody, Botzen, Milan, Bergamo, Brescia, Semlin, and Debreczin. Austria has kept aloof from the Prussian commercial league; and its chief foreign intercourse by the land frontier is with Turkey, the lesser German States, and Switzerland. The maritime commerce of Austria is comparatively inconsiderable, owing partly to its small extent of seacoast, but much more to the monopolies and restrictions of the government. The export of the precious metals, ashes, raw flax, and hemp with the roots attached, is prohibited. Many articles, such as salt, gunpowder, and tobacco, are monopolized by the government; and their importation is either forbidden, except to government contractors, or loaded with high duties. Duties of a prohibitory character are also imposed on most woven fabrics. The duty on cotton manufactures of all kinds (exclusive of twist) is 60 per cent, ad valorem,- on woollens and fine hardware the same ; on silks, £1 per lb. ; on linens, from 5s. to 12s. per lb. The duties on coffee, refined sugar, and many other tropical productions, are likewise very high. In consequence of these regulations, a very large proportion of the trade is carried on by smuggling, a practice which is conducted with facility from the nature of the frontier, and by the corruption of the custom-house officials. According to recent statements, however, there are grounds for expecting that this prohibitory system will be soon either abolished or greatly relaxed. In 1834, the registered merchant shipping of the empire consisted of 516 vessels of 123,890 tons ; but this was exclusive of the smaller class of coasters. The chief ports are Venice, Malamocco, Brondolo, and Chioggia, in the Venetian territories; Trieste, Fiume, Rovigno, Capo-d'Istria, and Pola, in Illyria ; and Ragusa, Cattaro, Zara, Sebenico, and Spalatro, in Dalmatia. The foreign trade is, "however, almost wholly engrossed by Trieste and Venice, which are both free ports. Trieste is situated in 45" 38' N., and 13° 46' E., at the N.E. extremity of the Adriatic, pop. 51,346. It possesses a commodious harbour, and being a free port, and almost the only outlet for the South of Germany, Blyria, and part of the Sclavonian provinces, its commerce is very extensive. Exports —glassware, hardware, beads, copper, wheat, rice, currants, raisins, hemp, iron, paper, rags, Russia leather, shumac, silk, steel, tobacco, timber, musical instruments, and other articles. Imports — principally sugar, cotton-wool, coffee, olive oil, cotton and woollen manufactures : the other articles, comparatively of small amount, are almonds, hides, wax, wool, valonia, gums, wheat, maize, barley, and hemp. Of these imports, a very considerable proportion is forwarded to other places, particularly to Venice. In 1836, no fewer than 1095 vessels engaged in foreign trade entered the port, and the total number of vessels entered, including coasters, was 8489, of 422,743 tons. The value of the trade with different places, in the same year, was as follows : — Great Britain Russia Sweden and Norway Denmark Prussia German v Holland France Portugal Sardinia . Tuscany. Imports. £598. 370 290,290 27,500 400 'isjoo 66,760 236,500 86,920 25,845 40,210 37,150 Exports. £558,970 32,810 3,440 17,360 56,370 48,100 69,850 19,550 7,060 40,440 53,200 Countries. Roman States. Sicily Ionian Islands. Greece Turkey Egypt Barbary United States Brazil South America... .. Austrian Ports Total. . . Imports. £124,500 .3? ) 77" W 380 410 155 ,120 110 147 896 7-36 5, 319 MM m Exports. £6,315,390 £254,850 101,670 72,960 137,320 680,856 130,550 15,410 171,850 15,720 14,430 2,033,479 £4,536,245 The commerce of Trieste is rapidly increasing, and between the years 1826 and 1838 it had nearly doubled in amount. This arose chiefly from a more extended intercourse with Turkey, South America (especially Brazil), Britain, and the United States. The exports to Britain were more than doubled in the four years 1833-36 ; but little difference has occurred in the imports. About 140 British vessels arrive annually. reniceis a magnificent city and port , standing near the N. extremity of the Adriatic, on a number AUS 38 AUS of small islands separated from each other hy canals, and from the mainland by narrow shallows, pop. 1 03,000. Its commercial greatness dates from the middle ages ; but since the discovery of the passage to India by the Cape of Good Hope, it has gradually diminished, and at present, although a free port, its trade is inconsiderable, compared with that of Trieste ; being confined chiefly to the receiving and transmitting of goods through the medium of that city. Exports— silk, fruit, grain, woollens, paper, cheese, &c. Imports — chiefly olive oil, cotton, coffee, and sugar; with dried fish, wheat, linseed, indigo, iron, and other articles of smaller value. In 1836, the total value of the imports was £1,081,971 ; of which, £592,096, were brought via Trieste. About 30 British vessels arrive annually. In 1835, the exports from Fi'wme amounted to £247, 112, and from .Ra^iaa to £45,936, consisting chiefly of goods sent coastwise. MEASURES, WEIGHTS, MONEY, AND FINANCES. VIENNA AND TRIESTE. Measures and Weights.— The klafter of 6 "Vienna feet = 6*23 imp. feet ; the Vienna ell = 30-6 imp. inches ; the post mile of 4000 klaftern = 4*71, or about 43 imp. miles. The Vienna joch = 6889 imp. sq. yards, and 7*03 jochs = 10 imp. acres. The Vienna wine eimer of 70 kopfen, 40 maas- ses, or 4 viertels = 12*46 imp. galls : the fuder = 32 eimers ; the dreyling is 30 eimers. The corn metzen of 4 viertels or 8 achtels = 1 -69 imp. bushel ; and 100 metzen = 21£ imp. quar- ters : 30 metzen = 1 muth. The Vienna pound of 4 quarters, 16 ounces, or 32 loths, = 8645 troy grains; and 100 lbs. = 1 centner = 123J lbs. avoirdupois: 20 lbs. = 1 stone. Gold and silver are weighed by the Vienna mark ■= 4333 troy grains. In Trieste, the woollen ell = 26*6 imp. inches ; the silk ell = 25*22 imp. inches : the wine orna or eimer = 12*45 imp. galls ; the barile = 144J imp. galls ; the oil orna = 107 Vienna lbs., or 14*17 imp. galls; 100 staji of corn = 28f imp. quarters ; but estimated commonly at 342 staji to 100 imp. qrs. In other respects same as above. Money. — Accounts are kept in florins of 60 kreusers, each of 4 pfennings: 20 florins are coined from the Cologne mark of fine silver ; hence 1 florin = 2s. Oid. nearly, and the par of exchange with London is 9 florins 50 kr. for £1. The other silver coins are the rixdollar of 2 florins ( = 1$ German rixdollar of account), and pieces of 20, 10.5, and 3 kreusers : The souverain d'or = 27s. lOd. ; and the ducat about 9s. 5d. ; there are also copper pieces of 1 , i , and i kreusers. The paper-currency consists of notes of the Na- tional Bank, and of the outstanding depreciated notes of the old Vienna State Bank, called • • Wiener- Wahrung " (Vienna value) , which are at a fixed discount of 60 per cent. ; 100 florins specie or effective being = 250 florins W. W. the last are used chiefly in retail, and for wages, &c. ; all large payments being made in National Bank notes or in silver. Bills upon Vienna are generally drawn in effec- tive ; and frequently the particular coin in which they are to be paid is specified — as in 20 kreuser pieces. Usance is 14 days after acceptance ; bills payable " medio mense" are reckoned due on the 15th ; 3 days of grace are allowed, except when drawn at less than 7 days' sight or date. The Austrian National Bank was instituted in 1817, with the view of restoring the money stan- dard of the empire, which had become depreciated by the excessive issues of irredeemable paper by the Vienna bank during the war. It commenced with a capital of 100,000 shares, each of 1000 florins of that depreciated paper (the Vienna bank being then discontinued), and of 100 florins in specie. The former was converted into government bonds, bearing interest at 2J per cent., payable in specie, and redeemable at 50 per cent. — the treasury at same time establishing a sinking fund for their redemption. The bank, though connected with the state, is under the management of a body of directors ; and its accounts are published periodically. It advances money on bills and other securities, receives deposits, and issues notes for 5, 10, 25, 100, 500, and 1000 florins, which are payable in silver on demand. Branches have been established at Trieste, Milan, Prague, and other towns throughout the empire ; and according to a late statement, the price of the shares had advanced to 1385. The Public Revenue of Austria, estimated at £15,000,000, is derived chiefly from taxes, rates, crown-lands, and mines. The expenditure is nearly the same, more than one-third being re- quired to maintain a standing army of 270,000 men. The accounts are, however, not made public. The national debt is about £60,000,000 ; principally in bonds called ' ' metallics, " from their MILAN AND VENICE. Measures and Weights.— Since 1803, a system founded upon that of France has been used throughout the Italian provinces in all public transactions; thus 1000 atomi, 100 diti, or 10 palmi = 1 metro or metre = 39*37 imp. inches ; 1000 copi, 100 pinte, or 10 mine, = 1 soma or hectolitre, = 2*751 imp. bushels; 10,000 grani, 1000 denari, 100 grossi, or 10 oncie, = 1 libbra nuovaltaliana or kilogramme = 2*204 lbs. avoird. The old measures and weights are still used in private business. In Milan, the braccio = 23*4 inches ; 1 wine brenta = 15*72 imp. galls. ; 100 corn staji = 50*2 imp. bushels ; the moggio = 4*02 do. ; the mark = 3627 troy grains ; 59*45 lbs. grosso, or 138*78 lbs. sottile, = 100 lbs. avoird. : the rubbio of oil weighs 474 lbs. avoird. In Venice, the woollen braccio = 26*6 inches ; the silk braccio = 24*8 inches ; 100 wine sechi = 237*6 imp. galls. ; 100 oil miri = 335*4 imp. galls ; 100 corn staji = 220 imp. bushels; the mark = 3681 i troy grains ; 95*07 lbs. grosso, or 150*54 lbs. sottile = 100 lbs. avoird. Money. — Accounts are kept in lire Austriachi of 100 centisimi, or 20 soldi; 3 lire Aus. = 1 Austrian florin ; hence the lire Aus. = 8Jd. sterling, nearly ; and the par of exchange with London is 29i lire Aus. for £1, or as sometimes quoted, 48|d. per 6 lire Austriachi. Formerly, accounts were kept in the lira Ita- liana, equal in value to the French franc. Retail transactions are conducted in lire corrente, or lire piccole. 100 lire Aus. = 87 lire It. = 113& lire corr. = 169gf lire pice. : hence the lira It. = 9Jd. ; the lira cor. = 73d. ; the lira pice. = 4|d. The circulating medium is composed chiefly of lire, and their halves, &c, and of Austrian cur- rency. The gold doppia of Milan = 15s. 7ld. ; the sequin = 9s. 5d. ; and the scudo of 6 lire cor- rente = 3s. 7id. Bills are usually drawn in London upon Milan and Venice, at 90 days after date. No days of grace can be claimed at Milan ; but the holder may allow 3 days. No days of grace are allowed at Venice. AUS 39 AVE dividends being payable in specie ; the remainder consists of such obligations in depreciated paper W. W. as have not yet been bought up, or converted by the government. The prices of Austrian stocks as recently quoted were : — 5 per cents. 105 ; 4 per cents. 100 ; 3 per cents. 75£. The onlv debt owing by Austria in England is £2,500,000, raised by a loan contracted in 1823, with Mr Roths- child, at 82 per cent., in order to pay off a debt incurred to Great Britain during the war. The bonds are for £100 each, with coupons for the interest, at 5 per cent, payable in London half yearly, on 1st May and 1st November ; they are transferable without registration, and are seldom offered for sale, being esteemed a safe and desirable investment. ABSTRACT OF TREATY OF COMMERCE BETWEEN GREAT BRITAIN AND AUSTRIA, 3d JULY 1838. 1. The vessels of the two powers shall pay the same duties in their respective harbours, as the national vessels of each power. 2. All the productions of Austria, and which may be imported into the harbours of the Queen of England, as also all British productions which may be im- ported into the harbours of the Emperor, shall enjoy the same privileges; and vice versa. 3. Articles, not the produce of the dominions of the two powers, imported from the harbours of Austria into British possessions, pay the same duties as if imported in British vessels. 4. All Austrian vessels proceeding from the harbours of the Danube, as far as Galatz inclusive, as well as their cargoes, may sail direct for the ports of all British possessions, as if they came direct from the harbours of Austria ; and reciprocally, all English vessels, as well as their cargoes, shall be admitted into Austrian harbours with the same immunities as Austrian vessels. 5. The productions of the ports of Asia and Africa within the Straits of Gibraltar, which, after being carried direct to Austrian ports, are thence sent in Austrian vessels to British ports, shall enjoy the same advan- tages as ifimported by English vessels from Austrian ports. 6. All articles imported or exported into, or from the ports of the two countries, under the flags of either, whether in British or Aus- trian bottoms, subjected to the same duties and premiums. 7- Goods in bond from either country subjected to the same duties on re-exportation. 8. No preference to be shown by either power in the purchase of imported commodities, on account of the nationality of the vessel in which such commodities may be imported. 9. The Austrian trade to the East Indies placed on the footing of the most favoured nations. 10. Treaty not to apply to trade between one port and another situated in the dominions of the same power. 11. The vessels and subjects of the two powers, in their trade and navigation, are always to enjoy reciprocally all the privileges of the most favoured nations in the ports of either. 12. Stipulations in treaty of 1815, as to trade between Austria and Ionian Islands, to continue in force. 13. This treaty to be binding until 31st December 1848, and thereafter, until 12 months after notice. S AVERAGE in the law of shipping is generally applied to the loss occasioned by any sacrifice made to insure the safety of a ship and cargo, and being a loss which underwriters have to replace, it constitutes part of the law of insurance. There are, technically speaking, two sorts of average, general average, and simple or par- ticular average. The latter is an unmeaning term used merely in contradistinction to the other ; to express those losses arising from the danger of the sea and other- wise, which are not made up by any contribution, but fall on the possessors of the article lost, or on those who may be responsible for its safety. General average dates back to the days of Rhodes. Its principles were fully developed by the earlier civilians ; the maritime nations of the middle ages adopted them, and the system is in full practice over all the commercial world. The circumstance under which the provisions of this law can be had recourse to is, when a vessel and the crew, passengers, and cargo, are in such imminent danger as to render it necessary to make a sacrifice of a part, for the preservation of the whole. The simplest case is that of throwing goods overboard to lighten the ship. Here cargo is sacrificed, and the other proprietors of cargo, along with the shipowners, bear a share of the loss, according to their respective interests. In another instance, it may be necessary to cut away a mast, or slip an anchor. Here the sacrifice is against the shipowners, and the other parties interested must share the loss with them. It is of no moment how light and valuable may be the goods thrown overboard, or how much the reverse those saved. It is said that the act should be done with formality and deliberation, and with the consent of the majority of those on board. The circumstances, however, under which so extreme a measure is generally taken, do not often admit of form and deliberation, and the necessity for the act will have more weight than its regularity. Goods stowed on deck are presumed to be an encumbrance, and so not suitable subjects of average. A loss effected by inherent defect, or by sea risk, cannot be considered average ; there must be an intention to sacrifice, and that intention must have been with the view of preserving the remaining property em- barked in the adventure. It is held, that where a vessel having sustained an injury has to put into a port for repairs, the expense of putting into port and remaining there, is to be considered average loss, if the act was necessary for the safety of all concerned, but that the expense of the repairs (unless in so far as they may be solely necessary for the preservation of the cargo) falls on the shipowners. Pro- perty injured in the making of the sacrifice— such as a part of the ship cut away to facilitate the throwing overboard of goods, constitutes average. An accurate statement of the circumstances under which a jettison, or other loss on which aver- age is claimed, should be entered in the log, and immediately on arrival, the master AVE 40 AZU should draw up a narrative of the circumstances, and make affidavit to them, along with his crew, that there may be no ground to presume that goods have been removed sincft Jn*nV(il The adjustment is generally made thus : The owners contribute according to the net value of ship and freight at the port of delivery, after deducting expenses. But ship provisions, wearing apparel, and seamen's wages, do not contribute. If the vessel has had to put back to the port of lading, the cargo is taken at invoice price ; otherwise, the cargo is valued at the price it would bring at the port of destination, deducting freight and charges. Ship furniture is rated at the cost of renewal, with a deduction of one-third. The Talue of what is lost being thus estimated, is added to the value of what is saved, and the whole being divided according to the respec- tive interests of the parties, the loss which each has to suffer is a sum bearing the same proportion to his share of the whole sum divided, which the loss sustained bears to the whole sum. {Abbot on Shipping, 342-363. Marshall on Insurance, 538-552. Stevens on Average. Martin on the Practice of Stating Averages.) AVERAGE in arithmetic is the mean of two or more quantities, formed by adding them together, and dividing by the number of quantities. Thus, 4 is the average of 2 and 6 ; and 5 is the average of 2, 6, and 7. The averages most com- monly required in trade are those of prices. Example : What is the average price per quarter of 300 quarters wheat, sold at 70s. per quarter ; 260 quarters at 50s. ; and 270 quarters at 60s. ? 300 quarters at 70s. = £1050 260 at 50s. = 650 270 at 60s. = 810 830 830) 2510 (Am. £3 : : 5f per quarter. Further illustrations will be found under the heads Alligation and Equation of Payments. In calculations of this kind, it must be remembered, that the average of a set of averages is not the average of the whole, unless there are equal numbers of quan- tities in each set averaged. AVOIRDUPOIS, the name of the British commercial weight. It is " probably derived from avoirs (averia), the ancient name for goods, or chattels, and poids weight." (Report of Commissioners of Weights and Measures.) AXUNGE. [Lard.] AZORES, or WESTERN ISLANDS, are situated in the Atlantic, between lat. 37° and 40° N., and long. 25° and 32° W., about 795 miles W. from Portugal, to which they belong. They consist of three groups, viz. 1. St Michael and St Mary ; 2. Terceira, Fayal, Pico, St George, and Graciosa ; 3. Flores and Corvo, exclu- sive of several islets. Pop. 205,000. The seat of government is Angra, in the island of Terceira, pop. 16,000. These islands are of volcanic origin, and are in general mountainous. The climate is mild and pure ; and the soil highly fertile,— most of the islands abounding in vineyards, orange and lemon orchards, and pastures. The growth of wine is considerable : it is produced mostly in Pico, but is known as Fayal wine, from being shipped from the latter. From 8000 to 10,000 pipes are exported in favourable seasons to America and the West Indies, The remaining exports are chiefly from St Michaels, and consist of large quantities of fruit to Britain ; and of corn and live-stock to Lisbon, Madeira, and the Canaries. The imports are, from England, cottons, woollens, hardware, earthen- ware, and other manufactured goods ; from America, boards, staves, lumber, fish, pitch, tar ; and from Portugal, tobacco, sugar, coffee, dispensations, indulgences, images of saints, and relics. The principal shipping towns are Ponta del Gado in St Michaels, Angra in Terceira, and Fayal in the island of that name ; but there is no good port, and as none of the anchorages afford shelter, ships are often obliged, by violent winds, to put to sea at a very short notice, particularly in the months from October to April. In 1833, the British shipping that entered the Azores, and the invoice value of British imports and exports were as follows : St Michaels, ships entered, 305; tonnage, 21,903; imports, £56,437; exports, £100,116. Terceira, ships entered, 59 ; tonnage, 5419; imports, £18,200; exports, £12,667. Fayal, ships entered, 32; tonnage, 3607; imports, £8699 ; exports, £7294. Total value of British imports in 9 years, 1825 to 1833, £738,867; and of exports in same period, £895,785. Measures, Weights, and Money, same as Portugal. (Geo. Journal, vol. iv. Tables of Board of Trade.) S AZURE STONE, or LAPIS-LAZULI, a mineral substance of an azure blue colour. It is found massive; also, though rarely, in rhombic dodecahedrons. Sp. gr. 2*95. The massive is nearly opaque, and its blue colour is not uniform. Chief localities, China, Persia, Bucharia, and Siberia. The finer kind is prized by the lapidary ; and the common is used occasionally for toys, &c. Lapis-lazuli is, liov. r> chiefly important from its affording ultra-marine, a beautiful pigment, highly valued by painters. BAB 41 BAI B. BABLAH, called also Neb-neb, is the rind of the fruit of the Mimosa cineraria. It contains a considerable proportion of gallic acid ; also tannin, a red colouring matter, and an azotized substance. Bablah has been imported from the East Indies and Senegal, as a substitute for the more expensive astringent dye-stuffs, and for communicating shades of drab to cotton. BACON (Ft. Lard. Ger. Speck), the flesh of the hog salted and dried. [Hog.] BADEN, a German grand-duchy, situated on the right bank of the Rhine in its upper course, between lat. 47° and 50° N. ; and long. 7° and 10° E. Area, 5915 British square miles. Population in 1834, 1,231,319. Capital, Carlsruhe ; pop. 20,500. Government a constitutional monarchy, with two chambers. S Baden has been called the ** Eden of Germany," for although nearly one-half of its surface is occupied by the mountainous districts of the Black Forest and the Odenwald, it possesses a soil favourable to the growth of corn, wine, and fruit, and abounds in magnificent woods and navigable streams ; while the proportion of waste lands to the whole soil is less than six acres in every thousand. Agriculture is the chief occupation of the people, and yields a surplus of grain for the markets of Switzerland and France. Tobacco, hemp of a very fine description, and flax, are also extensively cultivated. The average produce of the vine, which is chiefly grown on the high lands skirting the valleys of the Rhine and Maine, and Lake Constance, is estimated at about 4,000,000 gallons. Mining is carried on with partial success, the chief mineral productions being silver, cobalt, copper, iron, manganese, salt, coal, alum, vitriol, and sulphur. The manufactures, though inconsiderable, have increased since the accession of Baden to the Prussian Commercial Union ; the most extensive is perhaps that of the middling and coarser descriptions of linen ; the chief others are woollens, cottons, silks, watches, jewellery, paper, and wooden ware, clocks, and straw-hats, for the production of which the Black Forest has been long celebrated. Pforzheim, Carlsruhe, and Mannheim, are the principal manufacturing towns. The exports consist of timber, grain, meal, oil, hides, wine, hemp, linen, tobacco, iron wares, and smaller commodities, to an amount exceeding one million sterling yearly ; the imports of French and other wines, colonial produce, drugs and dyes, iron, steel, cottons, silks, fine woollens, horses, and cattle. Baden is advantageously situated for trade from its position on the Rhine, Maine, Neckar, and other streams, which, besides securing to it an outlet for its own pro- ductions to France, Germany, and Switzerland, have rendered it a country of extensive transit. Free ports have been instituted at Mannheim, Schrock on the Rhine near Carlsruhe, Otten- heim and Freistett on the same river, Ludwigshafen and Constance on the Lake of Constance, and Heidelberg on the Neckar. Measures and Weights. — The new aune of 2 feet = 6 French decimetres or 23-62 inches ; the morgen = 36 ares or 0-8896 acre ; the ohm = 150 litres or 33-015 Imp. galls. ; the last of 20 mal- ters = 30 hectolitres, or 10-32 Imp. quarters ; and the centner of 10 stones or 100 lbs. = 50 kilo- grammes, or llQHbs. avoirdupois. Money.— Accounts are stated in florins, each divided into 60 kreutzers. The Baden or Rhenish florin, being coined at the rate of 24i to the Cologne mark of fine silver, is equal Is. 8d. sterling. Finances.— The estimate of the budget for 1837-38 was 13,026,559 fl. a-year, of which the share received from the Prussian Customs Union was 1,495,593 fl. National debt about 12,000,000 fl. BAGGAGE. [Passenger.] BAGGING, a coarse hempen fabric used as a wrapper for cotton wool, coffee, and other articles. It is made chiefly at Dundee, for exportation to America. BAILMENT, from the French bailler, to deliver, — a term peculiar to English law. Sir William Jones defines it as " a delivery of goods on a condition, expressed or implied, that they shall be restored by the bailee to the bailor, or according to his directions, as soon as the purpose for which they were bailed shall be answered " (Essay I. on Bailments). It embraces a variety of contracts, the nature of which is thus defined and illustrated by Blackstone : * a delivery of goods in trust, upon a contract, expressed or implied, that the trust shall be faithfully executed on the part of the bailee. As, if cloth be delivered, or (in our legal dialect) bailed, to a tailor to make a suit of clothes, he has it upon implied contract to render it again when made, and that in a workmanly manner. If money or goods be delivered to a common carrier, to convey from Oxford to London, he is under a contract in law to pay, or carry them, to the person appointed. If a horse, or other goods, be delivered to an innkeeper or his servants, he is bound to keep them safely, and restore them when his guest leaves the house. If a man takes in a horse, or other cattle, to graze and depasture in his grounds, which the law calls agistment, he takes them upon an implied contract to return them, on demand, to the owner " (//. 451). The contracts so embraced in this term will, where they have relation to commerce, be found treated under their respective designations. The term bailment is now generally used by legal writers, for the purpose of classifying the various contracts it embraces, with a view to a consideration of the proportionate responsibility of the bailee for the subject under his charge, according to the BAI 42 BAL nature of the bailment. The scale of responsibility generally approved of, is that adopted by Sir William Jones. He adopts the distinction of the civilians between culpa, culpa lata, and culpa levis, or " ordinary neglect," " gross neglect," and " slight neglect." These are thus distinguished :— " Ordinary neglect is the omission of that care, which every man of common prudence, and capable of governing a family, takes of his own concerns. " Gross neglect is the want of that care, which every man of common sense, how inattentive soever, takes of his own property. " Slight neglect is the omission of that diligence which very circumspect and thoughtful persons use in securing their own goods and chattels " (118, 119). The responsibility of the bailee, as measured by these definitions, has been thus applied to the leading contracts comprehended under the term bailment. In Deposit, where the bailee becomes the gratuitous custodier of the goods,he is not in general liable for what may happen to them, unless a wilful carelessness, which must be presumed to evince fraud or malice, can be shown to have actuated him. If he be naturally careless, and allow his own property to run the same risk, the proprietor must bear any loss which may occur, as the consequence of having trusted a person of such habits with his property, — in this case, then, the bailee is only answerable for gross neglect. In Mandate, where the mandatory acts gratuitously, the same rule applies, with the difference applicable to the position of the bailee, who is not merely the passive custodier, but has undertaken to perform some act relative to the subject put into his hands. He is not bound to exact diligence, and cannot be made responsible, unless for gross carelessness, as above (but "see below, in the case of a hiring). Commodate or loan for use, exacts the highest degree of care on the part of the borrower. The rule is, that the article lent perishes to the owner, but as it is intrusted to the borrower for his convenience, he will be liable in damages, if the loss can in any way be attributed to the absence of caution on his part. A bor- rower or hirer is absolutely liable for the safety of the object, if he keep it beyond the time stipulated, or use it for a purpose different from that for which it was lent. Pledge, or Pawn, being a contract for the mutual advantage of the bailor and bailee, exacts ordinary diligence. The subject, if it perish, perishes to the bailor, but he can make the bailee responsible if he has shown " ordinary neglect," or has not taken such care of it as a man usually takes of his own property. There are special statutory regulations for the responsibility of pawnbrokers. [Pawn- brokers.] Location includes many contracts of great practical importance, such as the letting and hiring of moveables, the employment of manufacturers or artists to perform operations on subjects put into their hands, the employment of factors and agents [Factor. Principal and Agent.], and the delivery of goods to carriers, shipowners, innkeepers, and others. The general rule in location is, that the bailee is liable for ordinary neglect, but special rules apply to the several contracts. Thus, from an early period, shipowners, carriers, and innkeepers, have been considered under an absolute obligation safely to restore all goods committed to their charge, no cause of deterioration exculpating them, unless it be occasioned by " the act of God or of the king's enemies ;" there are, however, in special cases statutory limi- tations of such responsibility. For further information on this subject, reference must be made to the heads Carrier, Factor, Innkeeper, Shipping, Wharfinger. In bailment, the bailor continues proprietor, but " a special qualified property " is transferred to the bailee, who being responsible to the bailor, has a right to maintain an action against any person injuring or abstracting the subject. (Black- stone, as above. Sir William Jones' Essay on the Law of Bailments.) BAIZE, a coarse open woollen fabric, having a long nap, and sometimes friezed on one side. It is made at Chichester and Colchester, but principally at Rochdale. BALACHONG, a kind of cake formed of dried fish, pounded up with salt and spices, and then allowed to ferment freely. The best sort, or the red bala- chong, is made of shrimps. The black, or common sort, is made of other small fish. It is esteemed a great delicacy by the Malays ana Chinese, with whom it forms an article of extensive commerce. BALANCE, the sum of money which must be added to one or the other side of an account, in order that the debits and credits may be balanced, or of equal amount. [Bookkeeping.] BALANCE, or BEAM AND SCALES, is a well-known instrument used for comparing weights with one another. When well-constructed, it must have the following properties :— 1^, It should rest in a horizontal position when loaded with BAL 43 BAL equal weights. 2d, It should have great sensibility, that is, the addition of a small weight in either scale should disturb the equilibrium. 3d, It should have great stability, that is, when disturbed, it should quickly return to a state of rest. That the first property may be obtained, the beam must have equal arms ; and the centre of suspension must be higher than the centre of gravity. The second property, sensibility, is greater, in proportion to the length of the arm, the less the distance between these two centres, and the less the weight with which the balance is loaded. The third property, stability, is attained by making the centre of gravity of the whole apparatus fall below the point of support. The arm having a given length, additional weight either to the scale or beam is favourable to stability, and un- favourable to sensibility. Every increase of sensibility (the arm remaining the same) is a decrease of stability, and vice versa. Stability in a balance is much less difficult to attain than sensibility. The scales of shopkeepers are sufficiently stable, but few are very sensible. Balances of great sensibility, however, are not suited for the ordinary purposes of business, as the process of weighing in such balances is generally tedious, owing to the slow vibrations of the beam. Balances used in commerce are sometimes constructed either fraudulently or by inaccurate work- manship, so as to make unequal weights produce equilibrium,— an effect produced by making the arms of the balance, though apparently equal, really unequal. But an error of this kind is readily detected, by transposition of the weights, when, if the equilibrium be not preserved, the balance is fraudulent and useless. A balance for delicate purposes should be made as much as possible of brass, as steel and iron are apt to acquire magnetic properties. BALANCE OF TRADE, a term sometimes employed to express the difference between the commercial exports and imports of a state. This term was introduced, and has been chiefly used, by the supporters of the mercantile theory, a system of Political Economy which was based on the assumption, that " wealth consists of the precious metals ; that what is gained in trade by one nation must be lost by another ; and that our great object in receiving returns should be to get money instead of mer- chandise." Hence, when the exports exceeded the imports, the state was said to have a, favourable balance, and in the opposite case, an unfavourable balance ; it being supposed that such balances could not be cancelled, except by the remittance of an equivalent amount of gold and silver, and that the money thus remitted was the measure of the gain or loss derived by the state from foreign trade. In order chiefly to bring about the desirable result of a favourable balance, restrictions and prohibitions were for many years imposed on the importation of nearly all commodities except bullion, while on the other hand bounties were granted on exportation. [Bounty.] The selfish principle that what is gained in trade by one nation is lost by another, is now abandoned ; it being obvious, that unless in the general case both parties are benefited, no exchange of commodities will take place. It is now also admitted, that the wealth of states and of individuals consists not in money alone, but in the abundance of their whole disposable products ; that gold and silver are commo- dities subject to the same general rules in their transmission, as sugar, tobacco, or any other commodities, namely, sent from where they are of lower, to where they are of higher value, and never exported except for the purpose of importing some more valuable article in return ; that in the case of what is called an unfavourable balance, bullion is not exported unless it be at the time the cheapest exportable commodity ; and that in point of fact its exportation (except from mining coun- tries), as well as its importation, can take place only to a limited extent. If bullion be largely exported, it will become scarce, and of course dear, in the ex- Sorting country ; the money value of other commodities will in a proportionate egree fall ; and they will become preferable objects of remittance and exportation until bullion is again reimported. In a similar manner, if by the operation of a favourable balance, bullion is imported in greater quantity than is necessary to supply the wants of the country, its value will become depreciated in relation to other commodities, and it will be again re-exported. [Exchange.] The public accounts do not show correctly the amount of the exports and imports of the country ; the official, or custom-house rate of valuation, having been fixea so far back as 1696, when prices were altogether different from what they are now while the declared value furnished by the merchant applies solely to the exports. In 1839, the official value of the exports was, £110,198.716 ; and of the imports, £62,004,000 ; showing, according to this valuation, a balance of trade in favour of the United Kingdom, or an excess of exports above imports, to the extent of £48,194,716 ! It is manifest, however, that unless the imports of a merchant exceed BAL 44 BAL his exports in value, his trade would be speedily abandoned ; and as what is true in the case of the individual merchant must be equally true in the case of the com- munity at large, it follows, that could the public accounts be kept with accuracy, they would show, instead of a greater amount of exports than of imports, a very considerable excess of the latter above the former. S BALE, a bundle or parcel of goods, packed up for carriage. BALKS, large beams of timber, such as are used in building. BALLAST (Dan. Baglast. Du. Ger. & Sw. Ballast. Fr. Lest. It. Savorra. Sp. Lastre. Por. Lastro. Rus. Balast), sand, iron, or any other heavy ma- terial employed for sinking a vessel to a proper depth in the water, and to give it a just counterpoise against the action of the wind on the sails. In ballasting a vessel, the centre of gravity should be placed neither too high nor too low. When too much heavy ballast is deposited in the bottom of the hold, the vessel will be too stiff; she will roll violently, and besides having her sailing qualities impaired, will be in danger in bad weather of being dismasted. When, on the contrary, there is too little ballast, or this is so disposed as to raise the centre of gravity too high, the vessel will be too crank, and equal danger will arise. The art of ballasting, however, is to be acquired rather from experience than specific rules, as the quan- tity required by different vessels of the same tonnage varies according to their shape or build. Vessels in ballast, i. e. having no goods on board other than the stores and other articles requi- site for the ship, crew, and passengers, are exempt from the payment of certain port-charges which are levied upon vessels having cargoes ; many formalities at the Custom-house are likewise dispensed with in favour of such vessels. A foreign vessel proceeding from a British port is con- sidered as a ship in ballast, though having on board a small quantity of goods of British manufac- ture for the private use of the master and crew, and not as merchandise, provided such goods do not exceed in value £20 for the master, £10 for the mate, and £5 for each of the crew. The ballasting of vessels in the Thames is placed under the superintendence of the Corporation of the Trinity-house, in whom is vested the soil of the river from London Bridge to the sea. Their charges are as follows : — For land ballast from any quarries or pits east of Woolwich, Id. per ton of 20 cwt. For river ballast, not washed, carried to any vessel employed in the coal-trade, Is, per ton ; carried to any other British vessel, Is. 3d. per ton ; carried to any foreign vessel, Is. 7d. per ton. For washed ballast, double these rates are chargeable in each case respectively. The following additional sums are also chargeable : — For each ton delivered in or unladen from the inward East or West India Dock, lOd. ; in or from the outward East or West India Dock, the London Dock, the Commercial Dock, the East Country Dock, or the City, Surrey, or Regent's Canal, 4d. No ballast is to be put on board before entry at the Ballast-office, under a penalty of £5 per ton. The Trinity Corporation may recover a fine of £10 from any person, for every ton of ballast which he may take out of the river, within the limits above mentioned, without their authority. It is likewise ordered, that the ballast of all vessels coming into the Thames must be unladen into a lighter, the charge for which is 6d. per ton ; and a penalty of £20 is levied from the master of any vessel from which ballast is cast into the river. Similar regulations exist in most other ports. [For the custom-house regulations as to vessels in ballast see Customs' Regulation Act, abridged, § 80-83.] BALSAM (Fr. Baume. Ger. Balsam). Under this name are commonly in- cluded various medicinal resinous juices obtained from trees ; but the term is strictly applicable only to such as contain benzoic acid, along with a volatile oil and resin ; and of these true balsams there appear to be only five ; namely, Bal- sam of Peru, Balsam of Tolu, Benzoin, Storax, and liquid Amber. There are besides the balsam of Gilead or Opobalsam, Copaiba, and others which contain no benzoic acid, but are turpentines containing a volatile oil and resin. Balsam of Peru is procured from the Myroxylon Peruiferum, a tree which grows in the warmest parts of South America. It occurs in two states ; one called the whito, the other the black. The former, which results from spontaneous exuda- tion, or incisions made in the bark, is very rare. The black or common balsam is said to be procured by boiling the bark and branches of the tree. It is a fluid, having the consistence of syrup, a brown colour, fragrant aromatic smell, and a pungent bitterish flavour. Sp. gr. P15. It is commonly imported in tin flasks. Both the white and the black balsams are extensively adulterated, chiefly with copaiba, turpentines, or volatile oils. Balsam of Tolu, or Dry White Balsam, is said to flow from incisions in the same tree (?) ; and when fresh, is of the consistence of a strong turpentine. It becomes tenacious with age, and in cold weather may be broken, but melts again in summer. It is a brownish- yellow or reddish-brown friable substance, of a plea- sant smell like benzoin, and a weak aromatic somewhat acrid taste. Its adultera- tion with turpentine or resin is known by its odour when thrown on hot coals. It is imported in jars or tin cases. BAM 45 BAN The balsams of Peru and Tolu are employed medicinally in the state of syrup or tincture, particularly in cough mixtures ; their fragrance also renders them pleasant adjuncts to chocolate, liqueurs, and other articles. [Benzoin. Storax. Copaiba.] BAMBOO, a gigantic plant of the reed or grass kind, which grows luxuriantly in the tropical parts of Asia and America. It shoots up with great rapidity, and varies in height from 15 to nearly 100 feet. When full grown its general appear- ance is that of a straight rod with a number of stiff branches shooting at right angles from the main stem. It is of almost universal use, and is probably the most valuable boon conferred by nature upon the inhabitants of warm climates. The young shoots of the plant are eaten like asparagus ; when older, a fluid affording an agreeable beverage is secreted in the hollow joints ; and the leaves and seed are used in medicine. " No plant is more useful where a union of strength and lightness is required. In building it is so generally employed that the houses of the inferior classes in India are almost exclusively con- structed of it. It is adapted to the formation of bridges, masts for boats, and almost every article of domestic furniture. Bedding and sacking, and even cordage are manufactured from it. It is the common fence for gardens and fields ; and palanquins and light carriages are principally com- posed of it. The hollow stems serve for waterpipes, and in military operations it has often been resorted to for the construction of screens. Finally, according to Barrow, the Chinese find the bamboo invaluable for keeping the whole empire in due subordination through the medium of in- cessant bastinading." (Ed in. Cab. Lib., British Imlia.) BANANA, the fruit of the Musa paradisiaca, a valuable plant common in tropi- cal countries. It very closely resembles the plantain [Plantain], but is generally shorter and rounder, with a pulp softer and of a more delicate taste. The banana and plantain are to the inhabitants of the torrid zone what corn is to Europe, and rice to the natives of India and China. Humboldt doubts with reason whether there is any other plant in the globe which, in so small a space of ground, can produce so great a mass of nutriment. Eight or nine months after the sucker has been inserted in the earth, it begins to form its clusters, and the fruit may be gathered in less than a year. A plantation is perpetuated without any other care than that of "cutting the stems on which the fruit has ripened, and giving the earth a slight dressing. A spot of 1076 feet may contain at least from thirty to forty plants, which, in a year, will yield more than 4410 lbs. of nutritive substance. Humboldt also estimates that the produce of the banana is to that of wheat as 133 : 1, and to that of potatoes as 44 : 1. Nu- merous preparations are made of this fruit, both before and after its maturity. When fully ripe, it is exposed to the sun, and preserved like our figs, forming an agreeable and wholesome food ; while meal or flour is obtained from it by being cut into slices, dried, and pounded. It is calculated that the same extent of ground in Mexico on which the banana is raised, is capable of maintaining fifty individuals, whereas in Europe, under wheat, it would not furnish subsistence for two ; and nothing strikes a traveller more than the diminutive appearance of the spots under culture round a hut which contains a numerous family (Humboldt's Travels, Edin. Cab. Lib.). The other parts of the plant are also useful. The leaves, which are more than two yards long, and a foot broid, are used for napkins and table-cloths, and are food for hogs. The water from the soft trunk is used as an astringent. In the Philippine Islands the fibrous bark of a wild banana, Musa textilis, is made into cloth, and also affords material for the cordage called in eastern coun- tries Manilla ropes. BANCO, an Italian word signifying Bank, used for describing the bank money of Hamburg and other places. BANDANA, a kind of handkerchief with bright figures or spots upon a red or dark ground. India is the original seat of this manufacture ; but the oriental patterns are now far surpassed in beauty and precision of design by the British. The term bandana is also applied to the style of calico-printing by which the pat- terns are produced. BANK, a term sometimes applied to a depository for money, but most commonly to an establishment for dealing in money capital. The proprietor or manager of .such an establishment is called a banker ; and the term banking is generally used to express the rules and principles by which his operations are, or should be re- gulated, as well as these operations themselves. I. Historical Notice.— Few records are preserved of the extent to which bank- ing was known or practised by the ancients. The first bankers were the money dealers, who exchanged the coins of one nation for those of another. In Athens and Rome bankers are said to have existed who fulfilled many of the modern functions of the trade ; but the prejudice against the taking of interest for money, rendered the business one of little repute. The barbarism of the middle ages left no field open for banking. In the twelfth century, however, the revival of commerce in Italy again created the necessity for the employment of bankers. These at first were Lombard Jews, who exchanged money and bills in the public market-places on benches, whence the term bank, from banco, the Italian word for bench. The modern public banks were originally deposit-banks. The first was BAN 46 BAN the celebrated Bank of Venice^ instituted in 1171. Its capital was composed of a loan advanced to the state, which was made transferable in the books of the bank. It opened accounts with depositors of gold, silver, and jewellery, giving them credit for the value of the effects deposited. The holders of such credits were said to be the holders of so much bank money ; and it was made obligatory upon the mer- chants to make their contracts and draw their bills in this money, the payments being effected by a transfer from one name to another in the bank accounts of the funds deposited in its coffers. In 1587, its capital was above five millions of ducats. This bank continued to prosper until the subversion of the republic in 1797 ; and its money at all times bore an agio over the current money of the city : in 1808 it was discontinued. The banks of Barcelona and Genoa were founded in the four- teenth century. In 1609, the well-known Bank of Amsterdam was established, and shortly afterwards, in 1619, the Bank of Hamburg, both banks of deposit, on the model of that of Venice. The other continental banks are of much more recent for- mation. In England, the Jews, famous during the middle ages for " their egregious cun- ning in trade," were the principal money dealers until the thirteenth century, when this branch of business was shared by a number of Lombard Italians who then settled in the country. The business of banking, however, in the modern sense of the term, is comparatively of recent date. In London, the merchants lodged their money for security in the Tower, whence they drew it out as occasion required ; but in 1640, Charles I. having seized £200,000 thus deposited, they appear to have afterwards employed the goldsmiths as their depositaries. The London gold- smiths, whose money trade had previously been confined to the changing of coins, then extended their business by borrowing and lending on interest ; and the receipts which they gave for deposits circulated nearly in the same manner as the modern bank notes. The extension of commerce which occurred about half a cen- tury later, after the settlement of the government of the Revolution, led to the in- stitution of the Bank of England, the Bank of Scotland, and in time to other establishments in the manner afterwards described. II. Objects and Principles of Banking.— These will be best explained by first considering separately the principal purposes of a bank, namely, receiving deposits, facilitating remittances, issuing paper money, and making loans, and afterwards showing the general effect of these operations when combined ; in each case having regard chiefly to the mode in which banking is usually conducted in the United Kingdom. Deposits.— The banks first instituted in Europe after the revival of commerce were, as already noticed, established for the purpose of receiving deposits. The lodgements consisted of coin of full weight, or an equivalent amount of bullion ; and the credits raised in the bank books for such deposits were transferred in payment of debts from one account to another by means of drafts or cheques ; the coin or bullion being seldom or never withdrawn, except when required for ex- portation. No interest was allowed on the deposits ; and the advantages derived from such banks consisted in the safe custody of the precious metals, in the facility and despatch given to cash transactions by the transfer system, and in the certainty afforded that these transactions would be adjusted in currency of a determinate and invariable standard, instead of the light and debased coins then in circulation. This mode of banking is still continued in Hamburg, under which head it is more fully explained. But in the United Kingdom the receiving of deposits is invaria- bly conjoined with other departments of banking business ; and the general con- dition of the circulating medium renders bullion lodgements unnecessary. Deposit banking, as thus modified, still furnishes to the public the advantages of secure custody for their money, with the facility, despatch, and economy of the transfer system ; besides which, interest, varying from about two to three percent., is (except by the private bankers of London) generally allowed on the sums in their hands, from the readiness with which they can be reinvested by the banks in securities yielding a higher rate. Deposits in this country are, however, of two kinds : Dead Accounts (distinguished in Scotland as Deposit Receipts), in which money is invested for the purposes of security and interest without being operated upon ; and Draw- ing Accounts, called also Running f Operating, or Current Accounts, in which there is a perpetual paying in and drawing out by cheques or otherwise, according to the circumstances or necessities of the depositor, interest being allowed on the daily balances in the hands of the bank. Remittances were, in ancient times, effected by sending a messenger with the coin, and in the middle ages by means of bills of exchange. The latter still form the chief BAN 47 BAN vehicle for foreign remittances ; but the transmission of money from one part of the kingdom to another is now almost entirely effected bv the banks, by whom it is c inducted with great security and despatch, through the medium of their agents or their branches. These facilities encourage trade in two ways : —First, by caus- ►ney to be transmitted in a shorter space of time, capital is made to revolve more rapidly ; and, secondly, they diminish the prices of commodities, operating like improved roads in lowering the expense of their conveyance. The most common form of effecting an inland remittance is that of a Letter of Credit, which authorizes the bank's correspondent to repay the money deposited with them to the party named in the letter ; the use of the money during the intervening period and some- times a small commission, forming the remuneration to the bank. [Exchange.] Circulation. — The issue of paper money in the form of notes payable to the bearer on demand, is, in reference to the public, perhaps the most important of the func- tions of a bank ; but a disturbing element is attached to it from the circum- stance of its being profitable according to the proportion in which the amount of notes that is kept in circulation exceeds the amount of capital which is kept in re- serve for the payment of them. It is, however, generally admitted, that banks of issue are capable of conferring valuable benefits upon a country when they are pro- perly conducted, their operations confined to the legitimate objects of banking, and their liability to comply with their contracts strictly enforced. The principal check upon the overissues of banks is the convertibility of their notes into specie on de- mand. That tendency is also limited on the one hand by the wants of the public, on the other by the desire of the banks to protect their own interest ; as the issue of notes will be either in the repayment of deposits, or in the form of loans by dis- counts or otherwise. Farther checks exist in the system of bank exchanges, by which the notes circulated by one establishment are intercepted by the others and brought back to it ; and by the practice of allowing interest on deposits, under the influence of which the notes not necessary in trade are returned for the purpose of investment. [Money.] Loans may be classed under three heads : 1st, Discounts ; 2d, Cash-credits ; &/, Overdrafts on Current Accounts : — 1. Discounts. The form in which loans are chiefly made by bankers is on the security of bills of exchange, which are well adapted for their purposes, as having only a short time to run before they fall due, the advanced capital soon returns, while, being transferable, they can, if necessary, be rediscounted. The advance is made to the full amount of the bill under deduction of interest, or as it is some- what loosely termed discount, for the time which the bill has to run ; a commission is also sometimes charged, varying from one-fourth to one-eighth per cent. " The bills presented to a bank for discount," says Mr Gilbart, " may generally be divided into t!' • following classes : — " (1.) Bills drawn by producers or manufacturers upon wholesale dealers. " (2.) Bills drawn by wholesale dealers upon retail dealers. " (3. ) Bills drawn by retail dealers upon consumers. " (4. Bills not arising out of trade, but yet drawn against value, as rents, &c. '* (5.) Kites or accommodation bills. " The first two classes of bills are the best, and are fair legitimate bills for bankers to discount. The third class ought not to be too much encouraged. They are for comparatively small amounts, and are drawn by shopkeepers and tradesmen upon their customers. To discount these bills freely would encourage extravagance in the acceptors ; and ultimately prove injurious to the drawers. When a man accepts bills to his butcher, baker, tailor, or upholsterer, he may fairly be sus- pected of living beyond his income. Solvent and regular people pay their tradesmen's accounts with ready money. The fourth class of bills, though sometimes proper, ought not to be too much eneouraared. Persons out of trade have no business with bills. The last class of bills should al- most always be rejected. To an experienced banker, who knows the parties, the discovery of accommodation bills is by no means difficult. They are usually drawn for even amounts, for the largest sum that the stamp will bear, and for the longest term that the bank will discount, and are presented for discount soon after they are drawn. The parties are often relations, friends, or parties who, from their avocations, can have no dealings with each other." (Hittory and Prin- ciplet of Banking, p. 155.) The length of the period which bills have to run is also matter of consideration. The principal advantages to a bank of short dated bills compared with long dated bills are the following : — There is more safety in discounting short bills, because the parties may fail before the long ones fall due : The commission (where this is charged) will be more in the course of a year upon any given amount of capital employed in discounting short bills than in discounting long bills : A greater amount of notes will be* issued in discounting a succession of short bills than in discount- ing long bills : Long dated bills lock up the funds of a bank, so that they cannot be discounted with safety but from the bank's own capital ; for if a bank employs its deposits, or its circulation in discounting long dated bills and payment of the notes or deposits should be demanded, the long dated bills could not be rediscounted, and the bank must stop : Long bills may encourace speculation ; as persons may purchase large quantities of commodities in the expectation that the BAN 48 BAN price will advance before the long bills which he accepts in payment shall fall due ; while if the bills are of short date this will be prevented. (Ibid. p. 156.) Besides discounting bills the banks render important services in attending to their due negotiation ; it being customary for merchants and other people to send all the bills and drafts payable to them to their bankers, who become responsible for their regular presentation for payment, and for their noting if not paid. 2. A Cash-credit is an undertaking on the part of a bank to advance to an indi- vidual such sums of money as he may from time to time require, not exceeding in the whole a certain definite amount, for repayment of which he enters into a bond with securities. Cash-credits are granted not only upon personal security, but also upon the security of stock in the Public Funds, also occasionally of lands or houses, and by some joint-stock banks on the security of their own shares. To those requiring temporary advances of money, cash-credits possess the following advantages over discounts : — The party can repay any part of the sum drawn at pleasure, and interest is charged only for the money actually employed : He has also the power of drawing whenever he pleases to the full amount of his credit ; whereas, in the case of discounting bills, he must make a new application to the bank for each bill. To a bank the comparative advantages of a cash-credit in respect to bills, consist chiefly in its connecting the party more intimately with the bank ; in the summary mode in which the bond may be recovered from the party or his securities ; while to a bank issuing notes, the frequent operations under the credit gives activity to its circulation. On the other hand, their comparative disad- vantages to a bank are as follows : «' (1.) Cash-credits, when once granted, cannot be called up, but bills of exchange soon fall due, and you can refuse to discount again. (2.) If you discount bills of exchange, they can be redis- counted to supply the bank with funds if necessary, but advances on cash-credits cannot be ro- E laced. (3.) In case of a panic or a run upon the bank, the persons having cash-credits might ave occasion to draw upon the bank, and the notes would immediately be returned upon the bank, for payment in gold; but you could refuse to discount bills of exchange until the run was over." (Gilbart, p. 177.) The cash-credit system was first introduced in Scotland, to which part of the United Kingdom it is still chiefly confined. 3. Overdrafts on Current or Deposit Accounts. These are stated under a sepa- rate head, because in England the advances in this way are considerable. They are similar in character to the drafts under a cash-credit, with this difference, that in a current account the party overdraws on his own individual security, and that on each occasion he has to obtain the permission of the bank. In advancing money, whether by discounting bills of exchange or otherwise, a bank receives only the market rate of interest. But as this is a return which may be obtained for money without incurring the expense of an establishment for the pur- pose, it is obvious that no one would invest capital in the business of banking were it to be confined to the loan department alone. The main object of the banker, how- ever, is to procure, and employ on an advantageous footing, the money of other people, and his profits are nearly in proportion to the extent to which he can ac- complish that object. The trading capital of a bank consists of —1st, The capital contributed by the partners ; 2d, The money lodged on deposit ; and, 3d, The mo- ney deposited for the purpose of remittance ; to which falls to be added in the case of banks of issue, 4th, The amount of notes in circulation. These means are em- ployed in— 1st, Discounting bills of exchange : 2d, Advances on cash-credits, or overdrawn accounts ; and, 3d, Investments in the funds and other public securities. The surplus of the former above the latter forms the reserve kept by the bank to meet current demands. The amount of reserve necessary in ordinary circum- stances is to be estimated from experience, and the transactions and position of the bank ; but as unforeseen events may occur which may render the bank liable to be called upon for the whole or a considerable proportion of its liabilities, whether in the shape of deposits or notes in circulation, it is of consequence that the amount of trading capital arising from these sources should be invested in secu- rities which shall rapidly revolve, and be at all times convertible. The securities which best fulfil these requisites are bills of exchange, stock in the public funds, and exchequer bills, on which a bank can easily extend or diminish its advances in proportion to the capital which it may have to employ ; increasing them when the deposits and circulation are increasing, and diminishing them when these are diminishing ; while in anticipation of a run, the bills may be converted into money by being rediscounted, and the stock and exchequer bills sold. Investments on securities not readily convertible cannot be made with safety except out of the capital belonging to the bank itself. BAN 40 BAN Banking establishments are constituted in various ways. On the continent, the public banks are, in general, more or less connected with the government. In the United States they are chiefly joint-stock companies, with charters limiting the responsibility of tne partners to the amount of their snares, or some fixed multiple thereof. In this country the banks are constituted in three ways : — 1*/, Char- tered ones invested with'certain privileges of monopoly,— as the Bank of England, and the Bank of Ireland ; 2d, Joint-stock banks established on the principle of unlimited responsibility ; and 3d, Private banks. The joint-stock and private banks again differ in some respects in their privileges and methods of transacting business, according as they are situated in London, in the provincial parts of Eng- land, in Scotland, or in Ireland. III. The Bank of England was established in 1694 as a bank of issue, deposit, and loan, under the title of the Governor and Company of the Bank of England. Its original capital of £1,200,000 was lent to government at 8 per cent, interest, with a further allowance of £4000 a-year for management. According to the statement of the projector ? William Paterson, " the erection of this famous bank not only relieved the ministerial managers from their frequent processions into the city for borrowing money on the best and nearest public securities at an interest of 10 and 12 per cent, per annum, but likewise gave life and currency to double or triple the value of its capital in other branches of public credit." The charter was granted for a limited time ; but it was renewed at different periods, some advantage being given after each interval by the bank to the public in the shape of an advance of money at a low rate of interest, or without any interest. The capital was in- creased by new subscriptions in 1708 to £5,559,995 ; in 1722 to £8,959,995 ; in 1742 to £9,800,000 ; in 1746 to £10,780,000 ; and in 1782 to £11,642,400 ; lastly, by a bonus of 25 per cent, in 1816 to £14,553,000 ; the whole of which, as it was raised, was lent to the government. In 1708 an act was passed prohibiting all other banks of issue in England con- sisting of more than six partners ; and this statute having been construed so as to apply to banks of all descriptions, the Bank of England remained the only joint- stock one in England until it was partially repealed in the year 1826. In 1696 the bank became involved in difficulties, and was obliged to suspend pay- ment of its notes ; but was shortly afterwards relieved by the assistance of the go- vernment. No similar embarrassment occurred until the early part of the late war with France, when commercial difliculties, caused by the transition from peace to a state of hostility, an unfavourable state of the exchanges arising from a deficient harvest, foreign subsidies, and, above all, a general dread of invasion produced so great a drain for specie, that on Saturday the 25th February 1797, only £1,270,000 of treasure remained in the coffers of the bank. A further drain being apprehended, an order in council was issued next day by the ministers, prohibiting the directors from paying their notes in specie until the sense of Parliament could be taken. Shortly afterwards, the memorable Bank Restriction Act was passed, exempting the bank from paying in cash, and authorizing it to issue notes for £1 and £2 in lieu of gold. This measure placed the currency of the country under circumstances wholly dis- similar to those that have attended it either before or since. The events of the war, particularly during the seven years that preceded the peace of Paris, opposed greater obstacles to the prosecution of our foreign trade than were ever at any other time put into action, whence gold and silver became the only articles which could be safely taken in exchange for the goods of which we were purchasers from the continent. These metals, especially gold ; were besides greatly in demand for the pay of troops. These circumstances, acting in conjunction with the tendency of the Bank Restric- tion Act, under which the directors were relieved from the dangers that would otherwise have attended an undue expansion of their issues, caused such an en- hancement of the prices of the precious metals, when measured by the paper-currency, as forced all our gold coin out of circulation. The difference in value of Bank of England notes and gold, estimated at the Mint price, was for some time trifling, and from 1803 to 1808 was no more than £2:13:2 per cent. But in the seven following years, that excess in value of gold was raised in the following degrees : — 1809, £14 : 7 : 7 per cent. ; 1810, £8 : 7 : 8 per cent. ; 1811, £20 : 2 : 7 per cent. ; 1812, £25 : 16 : 8 per cent. ; 1813, £29 : 4 : 1 per cent. ; 1814, £14 : 7 : 7 per cent, ; 1815, £13 : 9 : 6 per cent. The fall in the price of gold which occurred in 1814 was brought about by the return to peace, which restored trade to its natural channels ; and it was afterwards reduced to its Mint price by the contraction of issues forced upon the bank by Parliament. BAN 50 BAN The Bank Restriction Act had provided for the return to specie payments within six months after the signature of a treaty of peace ; but, at the peace of Amiens in 180*2, this was postponed for a year, on account of the serious inconvenience it would then have caused to trade ; and after the rupture in 1803, the public called loudly for' a continuance of the exemption. At the close of the war in 1815 an act was gissed, declaring in the preamble that " it was highly desirable that the Bank of ngland should return as soon as possible to the payment of its notes in cash." The year following, however (1816), being one of commercial distress, the resump- tion of cash payments was postponed to July 1, 1818 ; and by a further act to July 1, 1819. In the last mentioned year a committee of the House of Commons was ap- pointed to inquire into the subject generally, of which committee Mr (now Sir Robert) Peel was chairman ; and upon the recommendation of their Report the celebrated act (59 Geo. III. c. 49), sometimes called Peel's Act, was passed, requiring the Bank after February 1, 1820, to exchange their paper for bullion at certain fixed and graduated prices, and on May 1, 1823, to pay in current gold coin at the Mint rate of £3 : 17 : 10^ per ounce : the latter provision was anticipated in point of time by the bank recommencing payment of their notes in coin on May 1, 1821. Renewed Charter, August 29, 1833 (3 & 4 Wm. IV. c. 98). The following is a summary of the provisions of this act : — Section 1. The Bank of England declared to have the exclusive privilege of banking upon the conditions specified in the act. Section 2. During such privilege, no Company of more than six persons to issue notes payable on demand within London, or sixty-five miles thereof, — but banks beyond that limit may issue bills and notes payable on demand, or otherwise, at the place at which the same shall be issued, and also in London ; but no such bill or note shall be under £5, or be reissued in London, or withiu Bixty-five miles. Section 3. Any Company of more than six may carry on banking in London, or within sixty-five miles, provided it do not issue its bills or notes payable on demand, or at any less time than six months. Section 4. All notes of the Bank of England payable on demand which shall be issued out of London shall be payable at the place where issued. Section 5. The exclusive privileges of the bank may be terminated upon a year's notice given within six months after August 1, 1845, and repayment of the public debt. Section 6. Bank of England notes are a legal tender (except with respect to the bank itself) so long as the bank shall pay such notes in coin. Section 7- Bills not having more than three months to run not subject to the usury laws. [This period has since, by temporary acts, been extended to twelve months.] Section 8. Accounts of bullion, and of notes in circulation, to be sent weekly to the Chancellor of the Exchequer ; and an average state of the bank accounts of the preceding three months shall be published every month in the London Gazette. Section 9. Public to repay the bank one-fourth part of the debt of £14,686,800. Section 10. If the proprietors shall so determine, the capital stock of the bank shall be re- duced from £14,553,000 to £10,914,750; and the difference shall be divided amongst them on October 5, 1834. Sections 11. 12. Provide for the qualification of directors in the event of the said reduction of stock being made. Section 13. Bank to deduct £120,000 per annum from sum allowed for management of national debt. Section 14. Provisions of 39 & 40 Geo. III. to remain in force, except as altered by this act, subject to redemption upon the terms following : — that at any time, upon twelve months' notice, to be given after August 1, 1855, and upon repayment of the public debt, then the said exclusive privileges of banking shall cease and determine. Capital and Nature of Business. — The repayment of one-fourth of the debt due by the public to the bank was made by an assignment of 3 per cent, stock from the Commissioners for the reduction of the National Debt ; but the proprietors have allowed this sum to remain as available capital in the hands of trie directors. Hence the stock of the bank, sometimes called its permanent capital, still amounts to £14,553,000, upon which sum the dividend is paid to the proprietors. The real capital of the bank however exceeds this sum by £2,944,000, the amount of the un- divided profits, or rest, at 31st March 1840 ; making its total amount £17,497,000. The permanent capital is transferable like government stock ; and its value fluctuates from political causes, as well as from the value of money, and the supposed success of the Company. It is exempted from taxes, accounted personal estate, assignable by unstamped transfer, and not subject to forfeiture, or liable to be taken in execu- tion. The disposable capital under the management of the directors consists of the amount raised by the issue of notes, that held by deposit from government and private parties, and, lastly, undivided profits. The sum of the whole is generally about £30,000,000, of whicn part is vested in coin and bullion, but a larger part in securities producing interest — such as Exchequer bills and mercantile acceptances. The income of the bank is derived from interest on government securities, discount BAN 51 BAN on mercantile bills, allowance for managing the public debt, profits on bullion, and agency, amounting altogether to about £1,600,000, which, after deduction of salaries, losses, and duty on notes, forms the fund divisible among the proprietors. The bank is prohibited from engaging in any commercial undertaking other than its legitimate operations, such as the buying and selling of coin or bullion, and bills of exchange. Being, however, authorized, like the Banks of Amsterdam and Hamburg, to make advances on the security of merchandise lodged with it, or pledged to it by written documents, a power is given to the directors to sell the same for their reimbursement. Management and Internal Regulations.— The chief management is vested in a Governor, Deputy-Governor, and twenty-four Directors elected annually ; thirteen or more, of which the governor or deputy-governor must always be one, constitute a court. A governor requires to be possessed of £4000 or upwards of the stock, a deputy-governor £3000, a director £2000, and every elector £500. The directors seldom possess more stock than what is necessary to qualify them for their office. Four general courts of proprietors are held annually, namely, in March or April, July, September, and December. The purpose of these meetings is to make or revise by-laws, to determine questions relating to the institution, and to elect offi- cers—this last usually taking place at the first meeting. Special meetings can be convened at the request of nine or more proprietors qualified as electors. No account can be opened with the establishment without permission from the directors. If this be granted the bank will then discount approved bills, and re- ceive and pav cash as ordinary bankers ; but no deposit-account can be opened with less than £500. No interest is allowed by the bank. The party keeping an account must always have a sum at his credit ; and no account is allowed to be overdrawn. Bills or notes (having not more than 95 days to run) including town bills, are now discounted every day instead of once a- week as formerly. But it is a general rule of the bank not to open discount accounts for issuing country bankers and joint-stock banks. It however discounts to such issuing bodies to the extent that may be required to discharge their notes paid into the several branches, and also gives some facilities of a similar kind to banks which afford aid in the collec- tion of the revenue at the time, and to the extent of the aid given. {Mr G. W. Norman's Evidence, 1840 ; Bank Report, p. 209.) A committee of three directors sit daily, and on Thursday the whole court assembles. No important measure is adopted without the assent of the majority of the court ; and on particular occasions the directors communicate with the go- vernment. These communications are made to the First Lord of the Treasury and the Chancellor of Exchequer, whose opinions are always considered with attention ; but they possess no authority for enforcing any change in the bank's arrangements. The bank's business is divided into two departments ; the one under the chief cashier, who transacts the receipts and payments, and issues the notes ; the other under the general accountant, who posts these notes as they are issued or paid off, and manages the affairs of the national debt. In 1832 there were employed at the bank 820 clerks and porters, and 38 printers and engravers ; and there were also 193 pensioners, chiefly superannuated clerks, who received in pensions £31,243, averaging £161 to each. In the same year the salaries and pensions amounted to £218,003; the house expenses to £39,187; the allowance of the directors was £8000 ; and the rent of the building was set down at £40,000. The salaries of the officers at the branches amounted to £25,000. Transactions with Government. — The bank, besides lodging its capital with go- vernment, in consideration of the exclusive privileges granted to it, and as a secu- rity to the public for payment of its notes, has always performed the ordinary functions of a banker to the state. Since the renewal of the charter in 1833, one- fourth of the permanent debt has been repaid, and been thus reduced from £14,686,800 to £11,015,100, upon which interest is at present paid to the bank at the rate of 3 per cent. The bank has, however, been always in the practice of making other considerable advances to government, chiefly in the form of Exchequer bills. Before the exemption from cash-payments in 1797, these advances averaged about £8,000,000 ; but after that time they increased very considerably, and the general amount in the ten years from 1807 to 1817 was £22,000,000. At present they consist partly of Exchequer bills, but chiefly of a sum of £10,897,880 lent in 1823, to relieve the public finances of the heavy payments on account of the half-pay and pensions due to retired officers, called the" dead weight" the consideration granted to the bank, being an annuity of £585,740 for forty-four years until 1867. The bank acts as the organ of government in paying the dividends on the na- BAN 52 BAN tional debt, and in receiving and registering transfers of stock from one public creditor to another ; employing in this department about 400 persons. For this service it receives at present about £130,000 yearly. It likewise renders to the Treasury and other public offices, in daily receiving and paying money, the same services as a private banking house does to its customers. During the late war, owing to the large amount of taxes and loans raised for the public service, the balances at the credit of the different government offices amounted to very consi- derable sums, at one time even so large as £11,000,000 ; in consideration of which the bank agreed to lend government £3,000,000 without interest. At present the public deposits fluctuate commonly between three and four millions, upon which no interest is allowed. Deposits by Private Parties. — These generally varied from one to two millions until the panic of December 1825 ; but after that time they increased very consi- derably, and of late years have fluctuated from about four to twelve millions. Even this last sum, however, is comparatively small, arising from the fact that the bank directors do not give the same facilities to their customers as is received from pri- vate bankers. Discount of Mercantile Bills.— The bills discounted have varied greatly in amount. When the rate of interest charged by the bank is on a level with the market rate, the number is large, but the reverse when it exceeds that rate. In 1809 and 1810, the average amount of discounts was about seventeen millions. Since the peace, it has seldom exceeded three millions, in consequence of the abun- dance of money possessed by private bankers, and their charge being commonly lower than that of the other, which is therefore chiefly resorted to for discounts during periods of commercial embarrassment. The annual average of loss by bad debts on discounts was, from 1795 to 1831, both inclusive, £31,696. Circulation and Regulation of Issues. — No notes under £20 were put into circu- lation by the bank prior to 1759, in which year notes for £10 were first issued. In 1793, the bank began to issue notes for £5, and £1 and £2 notes were introduced in March 1797, after the bank suspended payment in specie. The issue of the latter, except for a short period at the end of 1825, ceased in 1821 ; and since the 5th April 1829, no bank in England can issue any note under £5 (7 Geo. IV. c. 6). The paper circulated by the bank at present consists of ordinary notes for £5 and up- wards, and of bank post bills, drawn commonly at seven days' sight. The amount of the whole is generally about £18,000,000. In 1833 it was estimated that about three-fourths of the bank's paper money circulated in the metropolitan district; the remaining fourth in the country, particularly Lancashire. The bank issues are understood to be regulated on the principle that the circu- lation should be at all times kept full, but without any redundancy, and the means by which this condition of things may be adjusted are, except on extraordinary emergencies, held to be indicated by the state of the foreign exchanges. In the exercise of their powers, however, the directors commonly act with caution. They are aware that under any circumstances a diminution of the currency is unfavourable to trade, lowering the price of commodities, and producing a general dulness in markets. When the foreign exchanges are likely to fall, and it appears incumbent on the bank to contract its issues, the directors profess not to act on opinion, but to wait until an actual demand for gold has been made on the bank. Even then they do not make a direct contraction of their circulation ; they merely forbear to issue notes in the place of those which have been returned by the public for gold. The contraction of the circulation is usually effected by raising the rate of discount for bills, sometimes also by the sale of public or other securities ; an opposite pro- cedure leads of course to an expansion of it. The bullion, or cash reserve, )s.e\>t by the bank consists chiefly of gold, — silver sel- dom exceeding one-fifteenth of the whole. The common rule of the directors is to keep in treasure a sum equal to one-third of their liabilities. This proportion has usually been found sufficient ; but the rule is not founded on general principles, and is not closely followed. In ordinary times, and when under a vigilant ma- nagement, the circulation is limited within the amount which would injuriously affect the foreign exchanges, so large a proportion as one-third cannot be neces- sary. On the other hand, when by an overissue of paper, prices have been raised bo high that gold has become the most profitable commodity for exportation, the experience of the bank has shown that the drain thus arising may be carried to an extent far exceeding the amount necessary to restore the equilibrium of the cur- rency ; while in a commercial panic, more especially when aggravated by a poli- tical disturbance, it is difficult to say what quantity of treasure would be found BAN 53 BAN adequate short of the amount of the bank's whole liabilities. With the view, how- ever, of being provided as far as possible to meet such contingencies, most of the disposable capital is invested in securities which can, if required, be brought to sale in the stock exchange. This is the case not only with exchequer bills and government stock, but with the greatest of all their assets, the annuity on the dead weight, which might, if necessary, be divided or subdivided into portions fitted for the money market. Branch Banks were first established by the directors in 1 82G, at the suggestion, it was said, of the late Lord Liverpool, and for the purpose of lessening the incon- venience arising from the frequent discredit of the country banks. The business of these branches principally consists in discounting bills, issuing notes which are pay- able in London and in the place where they are issued, and in transmitting money to and from the capital. The towns in which they are established are as fol- lows : — Birmingham, Bristol, Gloucester, Hull, Leeds, Liverpool, Manchester, Newcastle-on-Tyne, Norwich, Swansea, Portsmouth, and Plymouth. The mana- gers of the branch banks allow no interest on deposits, nor do they permit any one to overdraw his account ; the regulations under which they act having been framed so as to avoid interfering with the business of the local banks. The branches further consult the convenience of these banks by receiving gold from those who happen to hold more than they require, and in supplying it to those who stand in need of it. They also lend Bank of England notes to such as think fit to use them instead of their own, by discounting their bills at 3 per cent, interest. The branches were not expected to be productive of profit to the Bank of England, nor have they proved so. The Profits of the Bank have in general been steady, though, at least in former times, seldom exceeding a certain moderate limit. In 1694 the dividend was 8 per cent. ; and in 1695, 9 per cent. From that year to 1729, it fluctuated between 5£ and 9 per cent. From 1729 to 1747, the rate was b\ to 6 per cent; from 1747 to 1753, 5 per cent.; in 1753 it fell to 4£ per cent. After 1767 the dividend was gradually raised to 7 per cent.,at which rate it continued till 1805. Before the lat- ter period, however, the exemption of cash -payments in 1797 had increased the income of the bank in two ways ; by extending its circulation, and by saving it the interest sacrificed till then in keeping a stock of bullion. Of the additional profits thus derived, 57 § per cent, was distributed among the proprietors in the form of bonuses, as follows : — 10 per cent, in 1799, 5 per cent, in 1801, 2£ per cent, in 1802. 5 per cent, in 1804, 5 per cent, in 1805, and 5 per cent, in 1806. These making 32£ per cent, were paid to the proprietors ; and in 1816, an additional 25 per cent was carried to the credit of each of them in the bank books ; thus increasing the ca- pital from £1 1,642,400 to £14,553,000. Besides these extra allowances, the bank's ordinary dividend was increased in 1805 from 7 to 12 per cent., which rate was paid in 1805 and 1806. In 1807, it was reduced to 10 per cent, which continued until 1832 ; after which, from a decrease on the profits consequent on the recall of the small notes, and the resumption of cash payments, it was further reduced to 8 per cent. In 1839, a still further reduction was made to 7 per cent., at which rate it has since continued. The Rest, or Surplus of Undivided Profits, was about £3,000,000 until 1797, after which it increased gradually to eight millions, and led in 1816 to the above men- tioned bonus of 25 per cent." It was further reduced in 1817 and 1818 by the ex- pense incurred by tne bank in procuring gold from abroad. Its general progress is shown in the annexed statement, from which it will be seen that its present amount is nearly £3,000,000. Accounts. — The practice of the Bank of England in former times, like the banks of Venice and Amsterdam, was to observe strict secrecy in regard to its accounts, con- sidering this as important to its prosperity. After 1797, the directors reported regularly to government the amount of notes in circulation, which was afterwards published in the newspapers ; but every thing else was kept secret until 1832, when the Report of the Parliamentary Committee on bank affairs gave to the public much information which, until then, had been considered confidential. Of the accounts then published, there is given below a State of its Liabilities, Assets, and Rest, for a series of years since 1780, with continuation, adding for each quarter, commencing with 1834, a statement of the average amount of the Issues, Deposits, Securities, and Bullion of the bank, according to the accounts which the directors are now required to publish in the London Gazette, in terms of act 3 & 4 Wm. IV. c. 98. BAN BAN Account of the Liabilities, Assets, and Rest or Amount, of Undivided Profits of, the Bank of England in the following years : — Liabilities. Assets. Rest or undivided Profits. Circulation. Securities. Notes under L.5. Other Notes & Post Bills. Deposits. Public. Private. Bullion. £ £ £ £ £ £ £ 1780 Feb. 29 .. ., 8,410,790 4,723,890 9,145,659 1,755,371 3,581,060 1,347,410 1785 .. 28 5,923,090 6,669,160 7,198,564 4,973,926 2,740,820 2,321,060 1790 .. .. 10,040,540 6,223,270 8,347,387 1,984,733 8,633,000 2,701,310 1791 . . 11,439,200 6,364,550 10,380,358 2,222,282 7,869,410 2,668,300 1792 .. 29 11,307,380 5,523,370 9,938,799 3,129,761 6,468,060 2,705,870 1793 . . 28 11,888,910 5,346,450 9,549,209 6,456,041 4,010,680 2,780,570 1794 .. .. . . 10,744,020 7,891,810 9,950,756 4,573,794 6,987,110 2,875,830 1795 . . 14,017,510 5,973,020 13,164,172 3,647,168 6,127,720 2,948,530 1796 .. 29 10,729,520 5,702,360 12,951,812 4,188,028 2,539,630 3,247,590 1797 . . 28 9,674,780 4,891,530 11,714,431 5,123,319 1,086,170 3,357,610 .. Aug. 31 867,J 10,246,535 7,765,350 8,765,224 9,495,946 4,089,620 3,471,320 1798 Feb. 28 1,448,220 11,647,610 6,148.900 11,241,333 5,558,167 5,828,940 3,383,710 1799 .. .. 1,465,650 11,494,150 8,131,820 11,510,677 5,528,353 7,563,900 3,511,310 1800 .. .. 1,471,540 15,372,930 7,062,680 13,975,663 7,448,387 6,144,250 3,661,150 1801 .. .. 2,634,760 13,578,520 10,745,840 15,958,011 10,466,719 4,640,120 4,105,730 1802 .. .. 2,612,020 12,574,860 6,858,210 14,199,094 7,760,726 4,152,950 4,067,680 1803 .. .. 2,968,960 12,350,970 8,050,240 9,417,887 14,497,013 3,776,750 4,321,480 1804 . . 29 4,531 ,270 12,546,560 8,676,830 14,684,686 12,314,284 3,372,140 4,616,450 1805 .. 28 4,860,160 13,011,010 12,083,620 16,889,501 11,771,889 5,883,800 4,590,400 1806 .. .. 4,458,600 13,271,520 9,980,790 14,813.599 11,777,471 5,987,190 4,867,350 1807 . . 4,109,890 12,840,790 11,829,320 13,452,871 13,955,589 6,142,840 4,771,300 1808 .. 29 j 4,095,170 14,093,690 11,961,960 14,149,501 13,234,579 7,855,470 5,088,730 1809 .. 28 4,301,500 14,241,360 9,982,950 14,743,425 14,3/4,775 4,488,700 5,081,090 1810 .. .. 5,860,420 15,159,180 12,457,310 14,322,634 21,055,946 3,501,410 5,403,080 1811 .. .. 7,114,090 16,246 130 11,445,650 17,201 ,800 19,920,550 3,350,940 5,667,420 1812 .. 29 7,457,030 15,951,290 11,595,200 22,127,253 15,899,037 2,983,190 6,005,960 1813 .. 27 7,713,610 15,497,320 11,268,180 25,036,626 12,894,324 2,884,500 6,336,340 1814 .. 28 8,345,540 16,455,540 12,455,460 23,630,317 18,359,593 2,204,430 6,937,800 1815 Feb. 28 9,035,250 18,226,400 11,702,250 27,512,804 17,045,696 2,036,910 7,631,510 1816 .. 29 9,001,400 18,012,220 12,388,890 19,425,780 23,975,530 4,640,880 8,639,680 1817 .. 28 8,136,270 19,261,630 10,825,610 25,538,808 8,739,822 9,680,970 5,736,090 1818 .. .. 7,400,680 20,370,290 7,997,550 26,913,360 3,991,970 10,055,460 5,192,270 1819 .. 27 7,354,230 17,772,470 6,413,370 22,355,115 9,099,885 4,184,620 4,099,550 1820 .. 29 6,689,130 16,794,980 4,093,550 21,715,168 4,472,322 4,911,050 3,520,880 1821 . . 28 6,437,560 17,447,360 5,622,890 16,010,990 4,785,280 11,869,900 3,158,360 1822 . . 1,374,850 17,290,500 4,689,940 12,478,133 3,494,947 11,057,150 3,674,940 1823 .. .. 681,500 17,710,740 7,181,100 13,658,829 4,660,901 10,384,230 3,130,620 1824 .. .. 486,130 19,250,860 10,097,850 14,341,127 4,530,873 13,810,060 2,847,220 1825 .. .. 416,730 20,337,030 10,168,780 19,447,588 5,503,742 8,779,100 2,807,890 .. Aug. 31 396,340 19,002,500 6,410,560 17,414,566 7,691,464 3,634,320 2,930,950 1826 Feb. 28 1,375,250 24,092,660 6,935,940 20,573,258 12,345,322 2,459,510 2,974,240 .. Aug. 31 1,161,260 20,402,300 7,199,860 17,713,881 7,369,749 6,754,230 3,074,440 1827 Feb. 28 661,390 21,229,220 8,801,660 18,685,015 4,844,515 10,159,020 2,996,280 1828 . . 29 416,260 21,564,450 9,198,140 19,818.777 3,762,493 10,347,290 2,749,710 1829 .. 28 356,830 19,514,020 9,553,960 19,736,665 5,648,085 6,835,020 2,794. 9fi0 1830 .. 27 320,490 19,730,240 10,763,150 20,033,890 4,165,500 9,171,000 2,561,510 1831 . . 28 306,870 19,293,270 11,213,530 19,927,572 5,281,408 8,217,050 2,612,360 1832 . . 29 299,100 17,752,610 19,110,000 8,937,170 15,675,000 18,497,448 5,836,042 5,293,150 8,598,000 2,637,760 2,315,000 1834 July 29 28,502,000 .. Oct. 21 18,914,000 13,514,000 27,840,000 7,123,000 2,535,000 1835 Jan. 15 18,012,000 12,585,000 26,390,000 6,741,000 2,534,000 .. April 7 18,591,000 11,289,000 26,228,000 6,329,000 2,077, "00 .. July 28 18,322,000 11,561,000 26,244,000 6,283,000 2,644,000 . . Oct. 20 17,930,000 14,227,000 28,66 1,000 6,186,000 2,690,000 J836 Jan. 12 17,262,000 19,169,000 31,954,000 7,076,000 2,599,000 . . April 5 18,063.000 14,751,000 27,927,000 7,801,000 2,914,000 .. July 28 17,940,000 14,495,000 28,315,000 6,926,000 2,806,000 .. Oct. 21 17,936.000 13,324,000 28,845,000 5,257,000 2,842,000 1837 Jan. 10 17,422,000 14,354,000 80,365,000 4,287,000 2,876,000 . . April 4 18,432,000 11,192,000 28,843,000 4,071,000 3,290,000 .. July 25 18,261,000 10,672,000 26,727,000 5,226,000 3,020,000 .. Oct. 17 18,716,000 10,501,000 25,316,000 6,856,000 2,955,000 1838 Jan. 9 17,900,000 10,992,000 22,606,000 8,895,000 2,609,000 .. April 3 18,987,000 11,262,000 22,838,000 10,126,000 2,715,000 .. July 24 19,286,000 10,424,000 22,601,000 9,749,000 2,640,000 .. Oct. 16 19,359,000 9,327,000 22,015,000 9,437,000 2,765,000 1839 Jan. 8 18.201,000 10,315,000 21,680,000 9,336,000 2,500,000 .. April 2 18,371,000 8.998,000 22,987,000 7,073,000 2,691,000 .. July 23 18,049,000 7,955,000 24,905,000 3,785,000 2,686,000 .. Oct. 15 17,612,000 6,734,000 24,939,000 2,525,000 3,118,000 1840 Jan. 7 16,366,000 7,136,000 22,913,000 3,454,000 2,865,000 . . April 28 16,831,000 7,296,000 22,726,000 4,318,000 2,917,000 .. July 21 16,951,000 7,578,000 22,865,000 4,529,000 2,865,000 BAN 55 BAN 1. The returns since 1834 are formed upon the average of the preceding quarter. The amounts on each Saturday night, for thirteen weeks in succession, are added together, and the sum divided bv thirteen ; this gives the average of the quarter. Hence these returns do not show the progress qt the affairs of the Bank during the quarter. For instance, the amount of notes in circulation niay be high in the beginning of the quarter, and low at the end of the quarter, or the reverse; or the amounts may be low at both the beginning and the end, and high in the middle of the quar- ter, or the reverse— and yet all these cases may produce the same average. 2. " The circulation "includes the notes of the head-office, and of all the branches; it also includes the Bank Post Bills issued at the former, and the drafts drawn by the branches upon the pa- rent establishment, or upon each other. The bank did not publish the branch circulation se- parately until the year 1840, when it was furnished to the Parliamentary Committee on Banks of Issue, from whose Report it appears to have fluctuated in the years 1838 and 1839 from £3,723,000 to £4,3^7,000. ,_ M ^ ---_-. 3. The deposits include those at the head-office and all the branches. 4. The securities also include those at the head-office and at the branches : they are formed of bills under discount, Exchequer bills, the dead weight, and other government securities, loans on mortgage, &c. . . . * . , . . .. 5. The bullion includes both gold and silver, whether corned or uncoined, and whether at the head-office or the branches. 6. The difference between the liabilities and the assets forms the rest," or surplus capital, arising out of accumulated profits, and which is over and above the capital of £14,553,000, upon which the dividends are paid to the proprietors. The defects of the quarterly returns have been supplied by the last report of the Com- mittee on Banks of Issue (Par. Paper of 7 th A ugust 1840, No. 602), the Appendix to which contains a weekly statement of the liabilities and assets of the bank from March 1832 to March 1840. The following is a copy of the last of these statements :— Bank of England, March 31, 1840. Assets. Public Securities : Advances on Exchequer Bills : Deficiency £340,000 16,398,000 Other Exchequer bills.. 481, 000 Liabilities. Circulation : London £12,446,000 Country 3,952,000 Deposits, Public, viz. : Exchequer Account 806,000 For pavment of dividends 393,000 Savings Banks. 18,000 West India Compensation .... Other public accounts... .1,187,000 Deposits, Private, viz. : London Bankers. 740,000 East India Company 603,000 Loan from ditto Bank of Ireland, & Royal Bank of Scotland 70,000 Other deposits 2,141 ,000 Deposits at Branches. .. . 472,000 4,026,000 £22,828,000 Exch. Bills purchased.. 1,050,000 Stock and Annuities. .10,132,000 Private Securities : Bills discounted : London 791,000 Country 3,275,000 East India Bonds City Bonds, &c. 1 ,359,000 Mortgage. 1,296,000 Advances : Bills of Exchange. 2,267,000 Exch. Bills, Stock, &c. 335,000 12,003,000 4,006,000 5,257,000 £21,326,000 Bullion, ..4,446,000 £25,772,000 IV. London Bankers. — The private bankers in London were formerly the gold- smiths, as already noticed, who, after a time, gradually relinquished their original pursuit and became exclusively bankers. They issued notes, and continued to do so even after the establishment of the Bank of England ; but from this branch of business they have long since withdrawn. There are at present fifty-four private banking-houses in London, and of these, three, namely, Messrs Child and Company, Messrs Hoares and Company, and Messrs Snows and Company, were in existence before the Bank of England. Their business chiefly consists in acting as deposi- taries of money, discounting bills, and officiating as agents for banks out of London. They allow no interest on deposits ; but, on the other hand, they charge no com- mission for paying the drafts of those who keep accounts, or for the trouble of presenting their cheques and bills for payment ; the balance at their credit being considered a sufficient remuneration for keeping the account, and this balance is expected to be large or small, according to the number, amount, and nature of the transactions. They likewise afford considerable facilities to their customers, both in discounting bills, and by temporary loans, with or without security, according to circumstances. Bills for other parties are commonly discounted through the medium of brokers. This branch of business they transact with great advantages as to security, from the unreserved confidence which they are accustomed to place in one another as to the credit of their respective customers. " The deposits held by the London bankers are generally composed of very large sums, which are necessarily payable on demand ; and hence they cannot be made use of to the same extent as those which are intrusted to country bankers, and which, whenever interest is allowed, are usually BAN 56 BAN left with them for a stipulated period." '* The London banks, in order to be able to meet their engagements, usually keep a large deposit, nearly equal perhaps to half of what they hold in reserve in the Bank of England ; a portion of their current funds they necessarily hold at home in bank- paper, and a small amount in gold." " In order to turn their funds to profit, the London bankers employ as much money as they can amongst their customers. They invest a considerably larger proportion of their deposits in bills of exchange and promissory notes than in public securities. The city banker is, however, under a disadvantage in this respect which is not felt by the banker at the west end of the town. The latter may, to a certain extent, depend upon the use of the money deposited with him, as his accounts are usually those of country gentlemen and individuals out of trade ; whereas the former, whose accounts are principally those of persons actively engaged in commercial or money operations, can hardly know three days beforehand what the amount of his deposits may be at any given period. The London bankers are obliged to employ their money occasionally at a very low rate of interest." (Mr Glyn's Evidence, 1832.) The Clearing-House was instituted by the London bankers about the year 1775, in order to save the time, risk, and inconvenience of sending round to each other for payment of the numerous cheques which they daily receive from their customers. " In a large room in Lombard Street, about thirty clerks from the several London bankers take their stations, in alphabetical order, at desks placed round the room ; each having a small open box by his side, and the name of the firm to which he belongs in large characters on the wall above his head. From time to time other clerks from every house enter the room, and, passing along, drop into the box the cheques due by that firm to the house from which this distributor is sent. The clerk at the table enters the amount of the several cheques in a book previously prepared, under the name of the bank to which they are respectively due." " At four o'clock all the boxes are removed, and each clerk adds up the amount of the cheques put into his box and payable by his own to other houses. He also receives another book from his own house, containing the amounts of the cheques which their distributing clerk has put into the box of every other banker. Having compared these, he writes out the balances due to or from his own house opposite the name of each of the other banks ; and having verified this statement by a comparison with the similar list made by the clerks of those houses, he sends to his own bank the general balance resulting from this sheet, the amount of which, if it is due from that to other houses, is sent back in bank notes. At five o'clock the inspector takes his seat ; when each clerk, who has, upon the result of all the transactions, a balance to pay to various other houses, pays it to the inspector, who gives a ticket for the amount. The clerks'of those houses to whom money is due, then receive the several sums from the inspector, who takes from them a ticket for the amount. Thus the whole of these pay- ments are made by a double system of balance, a very small amount of bank notes passing from hand to hand, and scarcely any coin." " It is difficult to form a satisfactory estimate of the sums which daily pass through this opera- tion : they fluctuate from two millions to perhaps fifteen. About two millions and a half may possibly be considered as something like an average, requiring for its adjustment perhaps £200,000 in bank notes, and £20 in specie. By an agreement between the different bankers, all cheques which have the name of any firm written across them must pass through the clearing-house ; con- sequently, if any such cheque should be lost, the firm on which it is drawn would refuse to pay it at the counter ; a circumstance which adds greatly to the convenience of commerce. The advantage of this system is such, that two meetings a-day have been recently established — one at twelve, the other at three o'clock ; but the payment of balances takes place once only, at five o'clock. If all the private banks kept accounts with the Bank of England, it would be possible to carry on the whole of these transactions with a still smaller quantity of circulating medium." (Babbage's Eco- nomy of Machinery and Manufactures.) The establishment of the clearing-house has led to new arrangements in several branches of business. The stockbrokers for instance now settle all their receipts and payments by cheques, to be paid through the clearing-house : the cheques which a broker draws on his banker being paid by the cheques of other brokers which he lodges to his credit. The colonial brokers and other classes have fixed days for settling their accounts, and on these days draw cheques on their bankers in the morning, and deposit others to meet them at a subsequent part of the day. The institution of the clearing-house has thus become entwined with the general commerce of the country. Metropolitan Joint-stock Banks. — Of late years several extensive joint- stock banks have been established in the capital, as the London and Westminster, the Lon- don Joint-stock, the Metropolitan, the Union, and others. These banks conduct their business in some respects differently from the private bankers, particularly in re- ference to deposits on which they allow interest ; charging likewise a commission upon the drawing accounts instead of requiring a balance. They are viewed with jealousy by the Bank of England as well as the private bankers, by whom they are excluded from the clearing-house ; but being powerfully supported, they have been enabled successfully to meet this opposition ; and it is considered probable that their number will increase. V. English Provincial Banks. — The act of 1708 exercised an unfavourable influ- ence upon the banking business out of London, the prohibition of the number of partners to six, having, as already noticed, been understood to apply not to banks of issue alone, but to banks of all kinds. At the time the enactment took place, and for many years after, the extent of injury arising from it was not perceived, as there were few provincial banks in England, and consequently few failures among them ; but during the greater part of the last half century, the case has been very different. After 1770, the increase of town population, consequent on the progress BAN 57 BAN of the cotton and iron manufactures, occasioned an addition to the number of banks ; and during the ten years of prosperity and peace (1783-93) which followed the close of the American war, they multiplied with great rapidity. The sudden check, however, which was given to trade by the transition from peace to war in 1793, fell directly on the provincial banks, and by causing twenty-two of them to declare their insolvency in one year, brought into view the pernicious effect of the act of 1708. In 1797, when their number was about 280, leave was given to them, as well as to the Bank of England, to issue £1 and £2 notes. This privilege having been coupled with the important one of not paying their notes in cash, an extraordinary extension of their business suddenly took place ; and between 1797 and 1814 their number increased to 900. In the course of the three years 1814, 1815, and 1816, however, ninety insolvencies occurred, and an equal number of dissolutions of part- nership, which" reduced the number of banks to between seven and eight hundred. In the year of speculation, 1825, their number again increased, but it was once more reduced by the failure of eightv in that and the following year. These stoppages, and the injury which resulted from them, at last forced the defective constitution of the provincial banks upon the attention of the government, and this more particu- larly from the contrast presented by the state of banking in Scotland, where, for upwards of a century, scarcely a single bank of issue had proved insolvent in consequence chiefly of the non-existence of the limitation in question. Accordingly, in 1826, the act 7 Geo. IV. c. 46, was passed, allowing joint-stock banks to be formed in all places beyond the metropolitan district, it being at the same time arranged (7 Geo. IV. c. 46, § 15) that the Bank of England should establish branches, and that notes under £5 should be withdrawn from circulation by April 5, 1829. By a subsequent act in 1833, the provincial banks were allowed to tender Bank of England notes instead of gold in exchange for their notes. Statutory Regulations. — These are principally embodied in 7 Geo. IV. c. 46, and 3 & 4 Wm. IV". c. 83, already noticed. The statute first mentioned, enacts (§1), that copartnerships or societies, though consisting of more than six persons, may be bankers in England, and may issue notes, provided such copartner- ships shall have the whole of their banking establishments beyond sixty-five miles from London, and that all the partners are liable for the whole debts of the bank ; and (§§4,5) that a return be made to the Stamp-office, before commencing business, and between the 28th February and 25th March annually, of the name of their firm, of the names and places of abode of all their partners, of the places where the banks are established, and of two or more of their number who shall have been appointed public officers, which returns shall be open for the inspection of the public on payment of one shilling for every search. (§ 8) Special returns must be made of any additional public officers, of all retiring and newly-appointed partners, and of any new agencies. (§ 9) Such banking companies are entitled to sue and be sued in the name of their public officers ; and (§§ 12, 13) when judgment is obtained against such public officers, execution may be issued against any member of the copartnership. (§ 16) The banks are allowed to compound for the stamp- duties on their notes at the rate of 7s. per annum for every £100 in circulation. (§ 17) If a com- pany issuing notes has two, three, or four places of issue, a license is required for each ; but four licenses will suffice for any number of places of issue. ( § 18) A company delaying to make the said return to the Stamp-office forfeits £500 per week during the delay, and, if a false return is made, £500 is forfeited by them, and £H»0 by the officer who makes the return. The statute 3 &4 Wm. IV. c. 83, enacts (§ 1), that partnerships and persons carrying on bank- ing business and issuing notes shall make returns to the Stamp-office, London, of the average amount of notes in circulation in the quarters ending January 1, April 1, July 1, and October 1, in each year ; the quarterly average to be formed from the amount in circulation at the end of each week ; such returns to be verified on oath , and to be made under a penalty for default of £500. (§ 2) Banks of more than six persons may draw on any agent in London on demand, or otherwise, for less than £50, notwithstanding the provision to the contrary in the act 7 Geo. IV. c. 46. The temporary acts, 1 & 2 Vict. c. 96, and 3 & 4 Vict. c. 1 1 1 , contain provisions applicable to legal proceedings by joint-stock banking companies agai-st their own members, and by such members against the companies. The 3 i January and July. . 8 June and December 7 January and July. . 6 ! January and July . £100 100 100 100 10 166 160 233 178 14 19 BAN 62 BAN 2. Unchartered Banking Companies in Scotland Designation. tuted. Part- ners. Br. Designation. Insti- tuted. Part- ners. Br. 1767 1825 1825 1773 1830 1838 1834 1839 1837 1763 1809 1838 189 491 80 11 97 1100 465 779 818 52 82 774 11 Hi 1 i 7 i) 5 ;i l A ] 13. Edinburgh & Leith Bank 14 / Forbes, Sir W., & Co. \ L *' \ GlasgowUnion Bk.Co. / 15. Glasgow and Ship Bank. . 1838 1830 1749 1785 1792 1836 1839 1766 1802 1837 1832 785 508 28 "9 1564 344 182 226 469 e 2(i 1 .'J :: 23 1 a 6 7 16 2. Aberdeen To. & Co. Bank 4. Ayr Bank 5. Ayrshire Banking Co. . . . 6. Caledonian Banking Co. . 7. Central Bank of Scotland 8. City of Glasgow Bank 9. Clydesdale Banking Co. . . 10. Dundee Banking Co 11. Dundee Union Bank 12. Eastern Bank of Scotland 17. Leith Bank 18. North of Scotland Bk. Co. 19. Paisley Commercial B. Co. 20. Perth Banking Company.. 21. Renfrewshire Bank. Co.. . 22. Southern Bank of Scot.. . 23. Western Bank of Scotland The whole of these banks issue notes, and all are joint-stock companies, except Nos. 4, 15, 16, 17, 21. Two other joint-stock banks are at this date (August 1840) projected — the Greenock Union Banking Company, and the Glasgow Joint-Stock Banking Company. Messrs A. Allan fy Co., Edinburgh, are now the only private bankers who do not issue notes. VII. Banks in Ireland. — The introduction of banking into Ireland took place at a later period than in the two other parts of the kingdom ; and its history may be termed a bad epitome of that of England, the same faults having been committed, and the evil arising from them having been much more conspicuous. The Bank of Ireland, which was incorporated in 1782, with a capital of £600,000 Irish, was in- vested with privileges similar to those of the Bank of England, and its charter contained unfortunately a clause that " no other bank issuing notes should consist of more than six partners." This restriction was inserted in order to give it a mono- poly of the circulation ; but the effect, as in England, has been to lead to the forma- tion of country banks with inadequate resources. The evils resulting from such banks have been already described in the case of England ; but in Ireland they were much more serious, from the less commercial habits of the people ; and of fifty country banks established in 1804, no fewer than forty stopped payment : of these, ten failed in one year, namely, 1820 ? all in the southern part of the island. The Bank of Ireland was placed in nearly the same relation to the State as the Bank of England. It advanced the greater part of its capital to government; and was intrusted with the management of the Irish department of the national debt. The exemption from paying in cash, granted to the latter establishment in 1797, was extended in the same year to the former, and led to a great increase in its circulation, which, from little more than £500,000 in 1796, was increased by 1815 to £3,000,000. A serious depreciation of the notes of the bank arose in consequence ; and the silver currency of the country, though generally in a debased state, became more valuable in the form of bullion, and was all melted down. The community being, in consequence, exposed to the greatest inconvenience, the place of the coins was supplied in Dublin and other parts by counterfeits, and in several districts by a paper currency issued for sums gradually decreasing from 6s. to 6d., and even 3d. It was estimated that about 1804 there were dispersed throughout Ireland 295 issuers of this paper money, chiefly consisting of a motley body of shopkeepers, mer- chants, and petty dealers. The forgeries, frauds, and general inconvenience which resulted from this exceptionable currency led at length to its suppression by law ; and the wants of the trade were supplied by the issue of stamped dollars by the Bank. The charter of the Bank of Ireland was successively renewed, and its capital in- creased, until 1821, when, on the renewal of the charter for seventeen years (1 and 2 Geo. IV. c. 72), the capital was raised to £3,000,000 Irish, of which £2,850,000 Irish, or £2,630,769 : 4 : 8 sterling, were deposited with government, — namely, £1,615,384 : 12 : 4 at 4 per cent., and £1,015,384 : 12 : 4 at 5 per cent, interest. The yearly dividends of the Bank have been at no time less than 5^ per cent., ex- cepting in 1783-4, when they were 5, and in 1792-3, when they were 2| per cent. From 1800 to 1814, however, they were 7, 1\, and 1\ ; from 1814 to 1829, except- ing two years, they were 10 per cent. ; and since 1829 the rates have been 9, 8£, and 8 per cent. Besides these dividends, the proprietors, at different times since 1793, have received bonuses amounting to no less than £665,000 Irish. The only benefits ever granted by the Bank to the public, in consideration of its privileges, were a payment of £60,000 Irish in 1791, and, since 1808, the manage- ment of the Irish department of the national debt free of charge. The deposit with BAN 63 BAN government of £2,850,000 Irish at the high rates of 4 and 5 per cent, cannot be viewed as any advantage to the latter. On the other hand, it ought to be remarked, that notwithstanding the vicious state of country banking in Ireland in consequence of the Bank's monopoly, no attempt was made by them to establish branches until 18*25, when incited by the rivalry of the Provincial Bank. Since the expiry of the charter in 1838, special acts have been passed continuing it from year to year, until after the Report of the sitting Committee of the House of Commons, when the sub- ject of its renewal will be discussed by Parliament, and when it is deemed probable that it will be placed nearly on a footing with those granted to the chartered com- panies in Scotland. In the Appendix to the late Report (1840) of the Committee of the House of Commons on Banks of Issue, a weekly statement is given of the liabilities and assets of the Bank of Ireland from July 1832 to March 1840. The following is the account for the week ending 28th March 1840 : — Bank of Ireland, March 28, 1840. Liabilitks. Circulation : £5 notes and above £1,816,700 Notes under £5 1,261,000 Deposits : Public £1,156,500 Private & sundry balances.. 1,856,700 3,077,700 3,013,200 £6,090,900 Atsett. Securities : Public £2,778,300 Private, viz. — Notes and Bills disctd. £2,463,500 All other Private secu- rities. 807,300 3,270,800 Specie 1,130,500 £7,179,600 On the renewal of the Bank's charter in 1821, an arrangement was made by which joint-stock banks were allowed to be established at a distance of fifty Irish miles from Dublin ; but this arrangement remained inoperative until several vexatious restrictions annexed to it were repealed by an act in 1824. This relief was followed by the institution of the Northern Banking Company at Belfast, the Provincial Bank, and several others. The statutory regulations of the Irish joint-stock banks are principally embodied in the 6th Geo. IV. c. 42, the enactments of which are similar to those of the 6th Geo. IV. c. 46, already quoted in reference to England. In the former, however, the period within which the annual returns of managers, branches, and partners, are required to be made, extends from the 25th March in any year, to the same date in the year following. The Bank of Ireland, and all the joint -stock banks, excepting the Hibernian and Roval Banks, issue notes for £1 and upwards; and their total circulation, ac- cording'to the Bank Report for 1840, fluctuates from about £5,500,000 to £6,500,000. The Bank of Ireland, Hibernian Bank, and Royal Bank, receive deposits and dis- count bills ; but the first does not allow interest, and not one of the three grants cash-credits. The other joint-stock banks conduct business on the Scottish system, or a modification of it. Bills on London are drawn at 21 days' date in exchange for cash, and letters of credit are granted for a premium of | per cent. Banking Companies in Ireland, with their advanced Capital, according to Re- turns to Parliament in 1837, and the Numbers of their Partners and Branches, according to Returns in 1839. Designation. Head Office. Founded. Partners. Branches. Advanced Capital. 1. Bank of Ireland Dublin 1782 22 L. Ste:!!ne. 2,769,231) 2. Hibernian Joint-Stock Loan Co. Dublin 1825 1063 250,000 3. Provincial Bank of Ireland London. 1825 728 34 491,780 4. Northern Banking Company Belfast 1825 195 10 122,275 5. Belfast Banking Companv Belfast 1827 280 16 125,000 6. Agricultural & Commercial Bank Dublin 1834 3673 28 352,789 7- ^National Bank of Ireland London 1835 *463 15 411,837 8. Ulster Banking Company | Belfast 9. Royal Bank of Ireland Dublin 1836 679 8 204,325 1836 324 1!»9.275 The Hibernian Joint-Stock Loan Company was instituted chiefly by Roman Catholic gentlemen, • Exclusive of branch partners. BAN 64 BAN in opposition to the Bank of Ireland in Dublin. It cannot, under the existing law, issue notes or establish branches. The Royal Bank is subject to the same restrictions. The Provincial Bank is managed by a board in London, the shareholders being principally re- sident in England. It carries on business in most of the principal towns of Ireland. The manage- ment of each branch bank, subject to the control of the directors, is vested in an agent, with a committee of advice, consisting of two or more gentlemen residing in the district, each of whom must hold at least ten shares. The National Bank consists also of a board in London, connected with branch or local banks throughout the principal towns in Ireland ; but its principle of operation is different from that of the Provincial Bank. The capital of each branch is subscribed equally by the London company, and by a body of local shareholders, and profits are divided in the same proportion. The supreme control is vested in the London board; but it is provided " that each local bank shall be ma- naged by a board of local directors, elected by the local shareholders, subject to the approbation of the directors in London."* The National Banks established on January 5, 1839, with the num- ber of partners attached to each were as follows : — Limerick, 684 ; Clonmel, 646 ; Carrick-on-Suir, 571 ; Waterford, 618 ; Wexford and Enniscorthy, 589 ; Tipperary, 620; Tralee, 609; Cork, 530; Kilkenny, 546. There are few private banks in Ireland. The currency of Ireland was assimilated to that of Britain from and after January 5, 1826, by the act 6 Geo. IV. c. 79. The proportion of the late Irish currency to sterling was as 13 to 12, or £108 : 6 : 8 Irish = £100 sterling. An account of the principles which regulate the value of bank paper, and a fuller explanation of the rules which govern its circulation in the United King- dom, are given in the article Money, under which head are likewise consid- ered the improvements or alterations in the system of the United Kingdom, sug- gested in the Reports made to the House of Commons by the Select Committee on Joint-stock Banks, and Banks of Issue, first appointed in 1836 on the motion of Mr Clay. Principal Works on Banking, $c. :— Adam Smith's Wealth of Nations (Mr M'Culloch's edition) ; Thornton on the Paper Credit of Great Britain ; Report of the Bullion Committee of the House of Commons, 1810 ; Blake on the Course of Exchange ; Tooke on Prices ; G. R. Porter's Progress of the Nation, sec- tions III. and IV. ; Sir H. Parnell's Historical Sketch of the Bank of England ; Sir H. Parnell's Observations on Paper Money, Banking, &c. ; J. W. Gilbart's Practical Treatise on Banking ; J. W. Gilbart's History and Principles of Banking ; Ricardo's Plan for the Establishment of a National Bank, 1824 ; Reports of the Parliamentary Committees on Scottish Banks, &c. in 1826 ; Report of the Committee of the House of Commons on the Charter of the Bank of Eng- land, 1832 ; Reports by the Committees of the House of Commons on Joint-Stock Banks, and Banks of Issue, in 1836, 1837, and 1840 ; and Pamphlets by Messrs Samuel Jones Loyd, J. Horsley Palmer, W. Clay, and R.Torrens. See Banks, s- BANKS (LOAN) are institutions formed for the purpose of advancing money upon articles of merchandise. The charters granted to the Bank of England, Bank of Scotland, and Royal Bank of Scotland, authorize them to advance money in this way ; but in the present article it is intended to treat only of those loan banks which originated in motives of charity. Institutions of this kind are sometimes called Montes Pietatis ; the term mont or mount being at an early period applied to any pecuniary fund. They were first established in the fifteenth century, for the purpose of checking the extortions of usurers by lending money gratuitously to the poor upon pledges : they were originally supported by voluntary contribu- tions, but as these were found insufficient, it became necessary to charge interest for the loans. A bank of this kind was formed at Perugia in 1464 ; another at Rome in 1539 ; and one at Naples, which was considered the greatest in Europe, in the following year. The present Mont de Piete - at Paris was established in 1777, and so largely has the public taken advantage of it, that it has been known to have in its possession forty casks filled with gold watches. Banks of this kind are also called " Lombards," from the name of the original bankers or money-lenders. One of these was established in Russia in 1772, and the profit derived from it was given to the Foundling Hospital of St Petersburg. In the United Kingdom, the business of making advances to the poor is com- mitted to Pawnbrokers and Loan Societies. BANKS FOR SAVINGS are institutions for the deposit of savings from the earnings of the poorer classes. They were established on a small scale in a few country parishes about the beginning of the present century ; but it was not until after the formation of the Edinburgh Savings Bank by Mr Forbes (now Lord * This plan is understood to have been lately changed for that of the Provincial Bank, except at one or two of the branches. BAN 65 BAN Medwyn of the Court of Session) that they created much public interest. The practical operation of that bank in a large city, together with the writings of Mr Forbes, and Dr Duncan, minister of Ruthwell, led speedily to their establishment in various parts of England, and they now rank among the most important institutions of the kingdom. Acts have been passed at various times for the encouragement and regulation of Savings Banks. The existing act is the 9 Geo. IV. c. 92, passed in 1828. The trustees of banks formed in terms of that statute are authorized to invest their depo- sits in the Banks of England or Ireland on receipts carrying interest at the rate of 2Ad. per cent, per diem, or £3:16: Oh per cent, per annum ; but it is provided, that "the interest payable to depositors shall not exceed the rate of 2£d. per cent, per diem, or £3 : 8 : 5| percent, perannum, — the difference being retained by the trustees to defray the expenses of the bank. It is also provided, that " All monies paid into the Banks of England or Ireland on the account of Savings Banks shall be invested in bank annuities or exchequer bills." The trustees are not allowed to receive deposits from any individual whose previous lodgements have amounted to £150; and when the balance due to any one depositor, including interest, amounts to £200, no farther interest is to be allowed. Charitable or provident institutions are permitted to deposit sums to the extent of £100 per annum, provided the amount shall not at any time exceed £300, exclusive of interest ; and by the act 4 and 5 Wm. IV. c. 40, § 9, Friendly Societies are allowed to deposit to any extent. The lowest deposit received is generally one shilling, and by the act 3 Wm. IV. c. 14, § 29, indivi- duals may not deposit more than £30 in any one year. A few days' previous notice is commonly required before deposits can be withdrawn. The preceding acts were extended to Scotland in 1835, by the act 5 & 6 Wm. IV. c. 57. On the 20th November 1837 there were in England 398 Savings Banks holding £16,177,699, belonging to 534,353 depositors, being on an average £30 for each depositor. At the same time there were in Wales twenty-three Savings Banks, holding £401,150, belonging to 13,557 deposi- tors, being an average of £30 for each depositor ; in Ireland, seventy-eight Savings Banks, hold- ing £1,775,911, belonging to 63,298 depositors, being on an aver ge £28 for each depositor; n Scotland, nine Savings Banks, holding £143,284, belonging to 13,352 depositors, being on an average £11 for each depositor ; making in all for the United Kingdom 508 Savings Banks, hold- ing £18,498,044, belonging to 624,560 depositors, being an average of about £30 for each depositor. Besides balances belonging to individual depositors, however, there were invested by 4909 Charit- able Institutions, and 5187 Friendly Societies in England, £1,000,342; by 406 of such associations in Wales, £54,696; by 803 of such associations in Ireland, £53,315; by 201 of such associations in Scotland, £17,618. The total amount of money invested in Savings Banks on November 20, 1837, was therefore £19,624,015. On November 20, 1838, the number of individual depositors was 690,138, and the total amount deposited, including the lodgements of 6568 Charitable Institutions and 6530 Friendly Societies, was £21 ,393,212. The comparatively small extent to which the public have availed themselves of Savings Banks in Scotland arises from the circumstance, that the ordinary banks seldom refuse to receive and allow interest ou the deposit of a tradesman, though this should be considerably under £10, their general limit. Savings Banks' Annuities. — The act 3 Wm. IV. c. 14, enables the industrious classes to purchase annuities, through the medium of Savings Banks, from the Commissioners for the reduction of the National Debt. These annuities (not under £4, nor in all exceeding £20) are payable for life, or for a number of years certain, and to commence either immediately, or at the end of any assigned period, as may be desired. Each description of annuity, when deferred, may be purchased either by annual payments (which will be received in monthly instalments or otherwise), or by one single payment ; the annual payments to cease when the annuity becomes payable. And it is specially provided, that if there be default in making the annual payments, or if the person who has contracted for the annuity die before it becomes payable, the amount of all the payments, exclusive of interest, shall be returned. On the death of the nominee of any life annuity, a fourth part thereof, over and above arrears, is payable to his executors, or the party entitled thereto. These annuities are not transferable ; but, on the purchaser's bankruptcy, they become the property of his creditors, from whom they will be repurchased by the Commis- sioners. The following is an abridgment of some of the tables of these annuities :— BAN m BAN TABLE TABLE SHOWING THE SUM REQUIRED TO BE PAID AT THE TIME OF PURCHASE, OR IN SHOWING THE VA- YEARLY INSTALMENTS, FOR A LIFE ANNUITY OF £20, DEFERRED FOR THE LI'KOF AN IMME- FOLLOWING YEARS : — DIATE LIFE AN- NUITY OF £20. 10 Years. 15 Years. 20 Years. Age. In one sum. Yearly. In one sum. Yearly. In one sum. Yearly. Age. £ s. d. 377 15 6 £ s. 245 10 d. £ s. d. £ s. 198 d. £ s. 16 1 d. £ s. a. £ s. d. 15 15 26 12 6 6 157 11 10 11 6 20 362 12 2 20 238 25 16 6 189 8 15 7 G 148 13 9 19 6 25 354 15 3 21 236 3 25 12 6 187 7 6 15 4 146 13 6 9 17 30 343 18 10 22 234 4 6 25 8 6 185 6 15 1 144 11 G 9 14 35 328 19 11 23 232 3 6 25 4 183 3 14 17 6 142 8 6 9 11 40 310 7 9 24 229 19 6 24 19 180 19 14 14 140 2 6 9 8 41 306 5 10 25 227 13 8 24 14 178 13 G 14 10 137 15 9 5 42 301 18 6 26 225 5 24 9 176 6 G 14 6 135 4 6 9 16 43 297 7 10 27 222 15 24 3 6 173 16 14 2 132 11 8 18 44 292 U 6 28 220 3 23 18 171 4 13 18 129 15 G 8 14 45 287 12 6 29 217 10 6 23 12 168 9 13 13 6 126 18 6 8 10 6 46 282 7 10 30 214 16 23 6 165 11 G 13 9 124 1 8 6 6 47 276 16 31 211 19 23 162 11 13 4 121 2 G 8 2 6 48 271 4 32 208 18 6 22 13 6 159 7 12 18 6 118 6 6 7 19 49 265 1 4 33 205 16 22 6 6 156 G 12 13 G 115 11 7 15 50 259 4 34 202 10 21 19 6 152 12 12 8 112 17 7 11 6 55 230 1 5 35 199 G 21 12 149 2 12 2 110 3 6 7 8 60 202 14 4 36 195 8 6 21 4 145 12 11 16 6 107 11 7 4 6 65 171 14 2 37 191 11 20 16 142 5 11 11 104 19 7 1 70 142 2 6 38 187 11 20 7 138 18 o 11 5 G 102 7 G 6 17 6 75 114 4 7 39 183 8 G 19 18 135 13 11 99 15 6 14 80 81 14 10 40 179 5 19 9 132 9 10 15 97 1 G 6 10 6 All transactions under this act are directed to be conducted through the medium of a Savings Bank ; but it is made lawful for any persons, in a place where such an institution does not exist, to establish a society for carrying the provisions of the act into execution. S BANKRUPT and BANKRUPTCY.— A bankrupt, in the modern acceptation of the term, is a person who, either from the want of sufficient property, or from the difficulty of presently converting what he possesses into money, is unable to meet those demands of his creditors which the law gives them the power of instantly enforcing, and who has committed some act indicative of the situation in which he is so placed. It is in the latter particular that a bankrupt differs from one who is insolvent. A man may, were his affairs examined, be found unable to pay his debts ; but if his creditors are either ignorant of the circumstance, or knowing it, trust to the return of prosperity, no one is injured, no one's claim is resisted, and there is no necessity of applying the sweeping remedy of the Bankrupt Laws. But when by resisting or evading the demands of creditors, or by the other acts pro- vided for in the bankrupt laws [Acts of Bankruptcy], a man has distinctly shown to the world that he has not wherewithal to meet the just demands on him, it has been deemed, in some cases, necessary for a special law to step in and lay its hand upon the property of every description belonging to the debtor, in order that particular creditors may not, through an expeditious adoption of the ordinary remedies of the law (suggested perhaps by superior means of knowing the bank- rupt's circumstances), sweep away the whole in full payment of their debts, and thus acquire an advantage over less fortunate creditors beyond the just reward of their activity. To accomplish this end, a bankruptcy code appoints all the property of every description belonging to a debtor to be placed in the hands of trustees, to be by them converted into cash, and then to be distributed among the ordinary creditors in proportion to the amount of their respective debts. It is a principle of the commercial bankruptcy systems of the United Kingdom, that after a sufficient time has been allowed for all the resources of the bankrupt to be inves- tigated, and his property realized for behoof of his creditors, if he has conducted himself with candour and integrity, he is protected from their farther prosecution, and left free to recommence the pursuit of wealth, untrammelled by any obligation to them previous to his bankruptcy. In England, the laws of commercial bankruptcy were consolidated by statute 6 Geo, IV. c. 16 and were amended by the act 1 1 place of abode, attend the assignees, to settle any accounts between his estate and any debtor to, or creditor thereof, or attend any court of record to give evidence touching the same, or do any act necessary for getting in the said estate, for which attendance he shall be paid five shillings per day by the assignees out of his estate." The provision is enforced by imprisonment. The bankrupt is free from arrest in coming to sur- render, and after surrender during the forty-two days, and such further time as may be al- lowed for examination, provided he was not in custody at the time of surrender. If he be ar- rested, he can demand his discharge on producing the commissioners' summons (§ 117). At the last examination the commissioners may adjourn the examination sine die, and they are entitled to indorse on the summons a protection to the bankrupt from imprisonment, for a period not exceeding three months (§ 118). The commissioners and assignees are empowered to make the bankrupt an allowance from time to time from the estate, until he have passed his last examina- tion (§ 114). If the bankrupt have duly surrendered and conformed, he will, on obtaining his certificate " be discharged from all debts due by him when he became bankrupt, and from all claims and demands hereby made proveable " (§ 121). The certificate, if granted before six calen- dar months from the bankrupt's last examination, must be signed by four fifths in number and value of creditors to the amount of £20 ; after the six months it may be granted by three-fifths in number and value, or nine-tenths in number. To render the certificate a discharge, it must be accompanied by an attestation from the commissioners of the bankrupt's surrender and confor- mity, and the bankrupt must swear that the certificate was obtained without fraud ( § 122). The certificate must be "allowed " in the court of review, and it may there be opposed by any cre- ditor. In the following cases, the certificate is, by § 130, void :— " If such bankrupt shall have lost, by any sort of gaming or wagering, in one day £20, or within one year next preceding his bankruptcy £200 ; or if he shall, within one year next preceding his bankruptcy, have lost £200 by any contract for the purchase or sale of any government or other stock, where such contract was BAN 69 BAN not to be performed within one week after the contract, or where the stock bought or sold was not actually transferred or delivered in pursuance of such contract ; or shall, after an act of bank- ruptcy committed or in contemplation of bankruptcy, have destroyed, altered, mutilated, or fal- sified, or caused to be destroyed, altered, mutilated, or falsified, any of his books, papers, writ- ings, or securities, or made or been privy to the making of any false or fraudulent entries in any book of account or other document, with intent to defraud his creditors, or shall have concealed property to the value of £10 or upwards ; or if any person having proved a false debt under the commission, such bankrupt being privy thereto, or afterwards knowing the same, shall not have disclosed the same to his assignees within one month after such knowledge." A certificate in a second bankruptcy, or in favour of a bankrupt who has at some previous period been discharged on an insolvent act, or who has compounded, is restricted in its operation (unless the estate pro- duce fifteen shillings in the pound) to the protection of his person from arrestment and imprison- ment, his future estate and effects (tools of trade, necessary household furniture, and wearing apparel excepted) remaining vested in his assignees (6 Geo. IV. § 127). After the bankrupt has obtained his certificate, the regular allowance is awarded him. If the net produce amount to 10s. per pound, he is to receive 5 per cent., provided that do not exceed £400. If it amount to 12a. So. per pound, his allowance is 7i per cent., provided it do not exceed £500, and if the pro- duce amount to 15s. or upwards per pound, it is to be 10 per cent., provided it do not exceed £600. If the estate do not pay 10s. per pound, the bankrupt is only to be allowed so much as the assignees and commissioners think fit, not exceeding 3 per cent., and limited in amount to £300 (§ 128). Dividends.— The distribution of the funds realized among the creditors is thus provided for. At the meeting for the last examination, the commissioners appoint a public meeting to be held than four months from the issuing of the fiat, and within six months after the examina- tion, giving twenty-one days' notice in the Gazette. At the meeting the assignees give in an ac- count of their transactionson oath, and the commissioners audit the account and inquire whether any balance in the assignees' bands ought to be retained (§ 106). Not sooner than four, or later than twelve months from the issuing of the fiat, the commissioners appoint a meeting with similar notice for declaring the first dividend out of such part of the net produce as they may think fit. At this meeting all creditors who have not previously proved may prove. The assignees make the dividend in pursuance of the order, without a Deed of Division, and take a receipt from each creditor in a book preserved for the purpose (§ 107). If the estate is not exhausted by the first dividend, a meeting for a second is called in the same manner within eighteen months from the issuing of the fiat. All creditors who have not proved may prove at this meeting, and all who have not partaken of the former dividend are paid according to the amount of that dividend before a general distribution is made, " and such second dividend shall be final, unless any action at law or suit in equity be depending, or any part of the estate be standing out not sold or dis- posed of, or unless some other estate or effects of the bankrupt shall afterwards come to the assig- nees, in which case they shall, as soon as may be, convert such estate and effects into money, and within two calendar months after the same shall be so converted, divide the same in manner afore- said" (§ 109). Assignees having at their disposal unclaimed dividends to the amount of £50, must within two months after expiry of a year from the above declaration of a dividend, pay the dividends, or file a certificate of them in the bankruptcy office, with the creditors' names, amounts, &c, otherwise they are chargeable with 5 per cent, interest, and such farther sum as the commissioners may think fit, not exceeding 20 per cent. Dividends which have lain unclaimed for three years may be divided among the other creditors (§ 110). By 1 & 8 Wm. IV. § 22, offi- cial assignees must keep all monies lodged in bank, subject to the order of the court. [Assignees.] Rescinding and Annulling.— The Lord Chancellor was, by the former law, empowered to issue a ■ ' supersedeas " to supersede a commission ; he may now by 1 & 2 Wm. IV. § 19, rescind or an- nul a fiat. The power is in the general case discretionary. It will be exercised in the case of fraud, or in the absence of any of the requisites, or if the bankruptcy is not proceeded with. When a fiat is rescinded, the acts done under it become void. It is the invariable practice to rescind or super- sede when the consent of all the creditors who have proved is obtained. It is imperative on the court to annul when it is certified that the proper number of creditors have agreed to a composi- tion [Composition Contract.] (Henley's B. L- Smith's Mercantile L. p. 465-610.) [Assignees. Bankruptcy Court. Commissioners. Composition Contract. Proof.] In Ireland the process of bankruptcy has, by the late act 6 & 7 Wm IV. c. 14, as amended by 7 Win. IV. & 1 Vict. c. 4«i, and by 12 & 13 Vict. c. 107, been in almost every respect assimilated to* the English system, which may be applied to Ireland, keeping in view these small distinctions. There are two "commissioners of bankruptcy in Ireland, a first and second, one of whom is empowered to act in each instance by a commission under the great seal. There are no official assignees, so that the rules as to country bankruptcies in England apply. In the case of persons not liable to be made bankrupts, after the words " member of or subscriber to any incorporated commercial or trading companies established by charter," come the words " under or registered in pursuance of act of Parliament" (§ 18). In the Irish act, the expression " supersede "is continued. In Scotland, the process by which the property of a trader is realized and divided among his creditors is termed Sequestration (which see) ; the word bankruptcy has a wider meaning in law, and is applied to all descriptions of persons who are placed in circumstances that publicly indicate their inability to meet their engagements. They are distinguished from those who may be insol- vent, but whose situation is not made known to the world through the public acts of their cre- ditors, by the term " notour," or notorious, bankrupt. By the Scottish act 1696, c 5, any debtor who, being under diligence by horning and caption, is imprisoned, or seeks the sanctuary of Holyrood House in Edinburgh, or defends himself by force, or flees, or absconds, and is after- wards found to have been insolvent at the time, is declared a notour bankrupt. " Insolvency," says Professor Bell, " is not made a presumption by the statute, but few cases occur where a proof of insolvency will be required in addition to the concurrence of the other requisites. It is not necessary, as may be imagined from the words of the act, to institute a separate action for ascertaining'the insolvency. The point is tried in the course of the reduction of a preference, or in judging of the petition for* sequestration ; and the judgment on the insolvency is combined with the sentence on the whole question before the court" (Commentaries, ii. 168). By later statutes, additions were made to the acts which constitute bankruptcy. They are thus consolidated in the BAN 70 BAN 54 Geo. III. c. 137, § 1> " If any person, subject to the laws of Scotland, shall happen to be forth of that part of the territory of the United Kingdom, or not liable to be imprisoned by being in the sanctuary, or by reason of privilege or personal protection, a charge of horning executed against him, together with either an execution of arrestment of any of his effects not loosed or discharged within fifteen days after the date thereof, or an execution of poinding of any of his moveables, or a decree of adjudication of any part of his heritable estate, for payment or security of debt, shall, when joined with insolvency, be held a sufficient proof of legal bankruptcy, and equivalent to the description of notour bankruptcy, given in the act of the Parliament of Scotland before men- tioned, made in the year 1696 ; and it is hereby declared, that such insolvent debtor shall, from and after the period when both the charge of horning against the person, and one or other of the said diligences of arrestment (not loosed or discharged as aforesaid) or poinding have been exe- cuted, or decree of adjudication obtained, be holden and deemed a legal or notour bankrupt, and subject to the regulations of the said act in the year 1696, as hereby extended and explained ; and every person, whether he be out of Scotland or not, whose estate has been or shall be sequestrated under the authority of any of the acts before recited, or of the present act, shall in like manner be holden and deemed a notour bankrupt in all questions upon the act 1696, from and after the date of the first deliverance on the petition to the Court of Session for awarding the sequestration." The latter part of this enactment is made applicable to sequestrations under the late act (2 & 3 Vict. c. 41, § 25). Horning and caption is a form of execution against the person, now in compa- rative disuse, since a more brief method of execution was provided by the act 1 & 2 Vict. c. 114, a warrant to imprison in terms of which, has the same effect in rendering bankrupt, as the super- seded form (§ 35). By this act the power of imprisoning, and consequently of producing notour bankruptcy is extended to the sheriffs of counties. Magistrates of royal burghs have long possessed the power of imprisonment, but it is exercised in a form which does not carry bankruptcy with the writ on which it proceeds. The effect of the bankruptcy is to render all deeds conferring pre- ferences on creditors, whether by conveyance or security, null, if granted after the bankruptcy, or within sixty days before it. The challenge is competent only to a creditor. A payment in money is not challengeable, but the indorsation of bills and drafts is struck at unless they be simply given as cash ; a real transaction is not challengeable, and so a bill drawn or indorsed for value imme- diately received is valid, and " payments in the ordinary course of trade, though made by means of bills or drafts, are to be sustained, unless the transaction be manifestly fraudulent, and in- tended as an evasion of the act " (Bell, ii. 218). It is a farther effect of bankruptcy, that by the act 1621, c. 18, deeds gratuitous, or without proper consideration to " conjunct or confident per- sons," — that is, to near relations, or persons with whom the granter is nearly connected in business or otherwise, — granted after the existence of lawful debts, are null, and may be challenged by the creditors affected ; any creditor may benefit by the provision who can show that debts existed before the granting of the deed, unless it be shown on the other side that at the time of making the deed, the granter possessed surplus funds capable of meeting his debts. A deed granted in virtue of a previous obligation is not gratuitous, and does not come within the statute (Bell's Commentaries, ii. 160-242. Burton's Manual of the Law of Scotland, 601-606). [Sequestration. Trustee. Personal Protection.] BANKRUPTCY, COURT OF, in England. Previously to the passing of \ & 2 Wm. IV. c. 56, the sole jurisdiction in bankruptcy was vested in the Lord Chancellor, who exercised it by issuing a special commission in each individual case. By that statute, a court was appointed, having one chief and three puisne judges, six commissioners, two registrars, with deputy-registrars in number not exceeding eight, and official assignees not exceeding thirty in number (§§ 1, 9, & 22). The judges, or any three of them, constitute a court of review, which must always sit in public, " save and except as may be otherwise directed by this act, or by the rules and regulations to be made in pursuance hereof" (§ 2). (Questions are brought before the court of review by petition, motion, or special case, according to rules which the judges are empowered to make from time to time, with consent of the Lord Chancellor (§§ 3 & 11). The commissioners are formed into two subdivision courts, each consisting of three ; and any one or more of them possesses the powers formerly exercised by commissioners of bank- ruptcy appointed by special commission (§§ 6 & 7). [Commissioners.] A com- missioner may adjourn an examination, to be taken either before a subdivision court or the court of review. He may adjourn a Proof of Debt [Proof] to be heard before a subdivision court, which '" finally and without appeal, except upon matter of law or equity, or of the refusal or the admission of evidence, shall determine upon such proof of debt." If parties consent, the validity of a debt may be tried by jury before the chief, or one or more of the other judges, on an issue prepared under the direction of the commissioner or the subdivision court. If only one party apply, the granting of the issue is at the discretion of the commissioner or sub- division court, subject to appeal to the court of review (§ 30). The decision of a commissioner or subdivision court, on any matter of law or evidence, or on the refusal or admission of evidence, may be appealed to the court of review, and thence to the Lord Chancellor (§ 31). If the court of review determine in any appeal touching any decision in matter of law, upon the whole merit of any proof of debt, the order is final as to the proof, unless an appeal to the Lord Chancellor be lodged within a month. His decision in such case is final, but if the appeal is on admission or refusal of evidence, it is remitted to the commissioner or subdivi- BAR 71 BAR sion court (§ 32). If the Lord Chancellor deem any matter of law or equity brought before him by appeal from the court of review, to be of sufficient difficulty or importance to require the decision of the House of Lords, or if both parties to any question before the court of review desire it to be determined in the first in- stance by that House, and not by the Lord Chancellor, his lordship or the court of review may direct the whole facts to be stated in the form of a peti- tion of appeal to the House of Lords (§ 37). References or adjournments by a commissioner must be to the subdivision court to which he belongs, unless in the case of sickness of a member of the court, or for other good cause (§ 6). Appeals to the Lord Chancellor are heard by him only, and not by any other judge of the Court of Chancery (§ 3). The court of review has the power of deciding on petitions for reversal of the adjudication against the bankrupt [Bankruptcy], and may direct any issue as to a fact affecting the validity of the adjudication, to be tried by jury. If the verdict is not set aside on application to the court of review within a month after the trial, or if the adjudication be not set aside by the court of review, the adjudication or verdict is conclusive evidence that the party was or was not a bankrupt at the date of the adjudication — an appeal lies to the Chancellor in matters of law or equity, or the refusal or admission of evidence only (§ 17). In Scotland and Ireland there are no separate tribunals for administering the bankrupt law. In the former country this duty is performed by the Court of Ses- sion, in the latter by the Lord Chancellor, under whom there are two official commissioners (6 & 7 Wm. IV. c. 14, 7 Wm. IV. and 1 Vict. c. 48). BARILE, an Italian and Sicilian liquid measure, the contents of which vary in different places from about 7 to 16 Imp. gallons. BARILLA (Fr. Barille. Ger. Barilla. It. Barriglia. Rus. Socianka. Sp. Barrilld), an impure carbonate of soda, obtained by lixiviating the ashes of sea- weeds. It is imported into the United Kingdom in considerable quantities from Spain, the Canary Islands, and Sicily, and in smaller parcels from the East Indies. The finest is brought from Alicant, near which it is prepared from the Salsola sativa or Barilla, and the Salier, two plants which are extensively cultivated for that pur- pose in Valencia and Murcia. It is brought to us in hard porous masses. The best quality is of a blueish-gray colour, while that which is made from other plants is of a colour approaching black," and of greater specific gravity than the former. The value of barilla depends upon its purity. It usually contains from 16 to 24 per cent, of its weight of pure carbonate of soda, and occasionally 30 per cent. It is consumed in the arts, — particularly in the manufacture of soap and glass, and in bleaching ; but it is now much less used than formerly, on account of the cheap- ness with which soda is obtained from common salt. About 70,000 cwts. are at present entered annually for home consumption, which, notwithstanding a great reduction of duty, is less than one-third of the quantity formerly required. It is chiefly used in Ireland. A drawback is allowed on the barilla used in bleaching linen (4 & 5 Wm. IV. c. 89, § 14). British Barilla, or Kelp, is a still more impure alkali, formerly made in large quantities in the Hebrides, Orkney, and Shetland, by burning sea-wrack (mostly the Funis vesiculosus). It contains only from 3 to 8 per cent, of pure carbonate of soda. The kelp manufacture has been comparatively trifling since the abolition of the duties on salt, and the reduction of those on barilla. BARK, the rind or covering of a tree. A variety of barks occur in commerce, but only that of the oak will be noticed in this place. Some others, as cinchona or Peruvian bark, cork, cinnamon, cassia, and quercitron, will be described under their respective heads. Oak Bark (Ger. Eichenrinde, Lohe. Du. Run, Runne. Fr. Tan Brut, Ecorce de Chine. It. Scorza di Quercia, Corteccia delta Querela. Sp. Corteza de En- ema. Por. Casca do Carvalho. Rus. Dubowui Kord) is the chief substance used for tanning leather. Its quality varies according to the age of the tree, and the season when it is cut ; and Sir H. Davy discovered that tannin is more abundant in the bark of young than of old ones. It is likewise ascertained, that bark taken in the spring has 4 h times the quantity of tannin, in a given weight, compared with what it would have if taken in winter. Of substances used for tanning. Sir Humphry states, that 8| lbs. of oak bark are nearly equal to 21 of common willow bark, 18 of elm bark, 11 of the bark of the Spanish chesnut, 7 5 of the bark of the Leicester willow, 3 of sumach, 2j of galls, and 1 of catechu, with respect to the tannin contained in them. In addition to the oak bark of British growth, nearly 40,000 tons are annually BAR 72 BAR imported, more than one-half of which is brought from tho Netherlands, the re- mainder chiefly from Italy and other parts in the Mediterranean. BARLEY (Fr. Orge. Ger. Gerste. It. Or zo. Sp. Cebada), a well-known species of corn (Hordeum), of which the varieties are distinguished either from the number of rows of grains in the ears, or from the time of sowing them, into winter barley and spring barley. In this country, it is commonly sown in April, and from two to three bushels of seed are used for an acre. The produce varies greatly with sea- sons, culture, and soil. The more early it can be sown, the produce in grain is the surer, though the bulk in straw is less. 36 bushels per acre is generally held to be a medium crop, and 40 bushels a good crop. The medium weight of the common, or two-rowed barley (H. distichon), is about 52 lbs. the bushel. The princi- pal consumption of barley is for malting. In the state termed pot or pearl barley (having the external coat of the seed rubbed off), it is employed largely in soups and cooling drinks ; and the flour is used in many places for Dread. In the south of Europe, it is consumed as food for horses. Bigg or Bere, an inferior variety of six-rowed barley, is cultivated in the north of Scotland, and other late places, on account of its ripening well when sown in spring ; but its grains do not weigh so heavy, in proportion to their bulk, as the two-rowed kind. Barley is culti- vated in a greater variety of climates than any of the other bread corns. In the United Kingdom, the best is raised in Essex, Norfolk, and Suffolk, where large quantities are produced and malted for the London market. [Corn Trade.] BARM. [Yeast.] BARQUE. [Ship.] BARRATRY is any fraudulent or other unlawful act committed by the master or mariners of a ship, without consent of the owner, and tending to his injury j— " as by running away with the ship, wilfully carrying her out of the course of the voyage prescribed by the owners, sinking, or deserting her, embezzling the cargo, smuggling, or any other offence, whereby the ship or cargo may be subjected to arrest, detention, loss, or forfeiture" (Marsliall, 519). In other countries it com- prehends those faults of ignorance, unskilfulness, or rashness, by which loss may be occasioned ; but in Britain it is limited to intentional offences against the owners, and it has been decided, that an act done with the privity of the owners, though without that of the proprietor of the cargo, who was the person insured, is not bar- ratry (/. T. R. 323). If the shipmaster be the owner, he cannot be guilty of barratry. It is not essential that the act be done for the profit of the master or the mariners, and so it is barratry to sail out of port in breach of embargo, in consequence of which the owners sustain a loss in seamen's wages and provisions by detention (Robertson v. Ewer, /. T. R. 127). It does not affect the act that it was designed to benefit the owner. " With respect to the owner of the ship or goods," says Lord Ellenborough, " whose interest is to be protected by the policy, it can make no difference in the reason of the thing, whether the prejudice he suffers be owing to an act of the mas- ter, induced by motives of advantage'to himself, malice to the owner, or a disregard to those laws which it was the master's duty to obey, and which (or it would not be barratry) his owners relied upon his observing." And it was accordingly decided, that where a master had general instructions to make the best purchases with de- spatch, this would not warrant him in going into an enemy's settlement to trade (which was permitted by the enemy), though his cargo could be more speedily and cheaply completed there ; but such act, in consequence of which the ship was seized and confiscated, was barratrous (Earle v. Roucroft, 1806, 8 East. 125). A general freighter is held owner for the time, and barratry may be committed against him, though with the sanction of the shipowner. On the same principle, the owner cannot recover as for barratry for what is done by order of the charterer, and it was held, that if the owner of a ship let to freight takes the command of her, and wil- lingly runs her ashore, this is barratry against the freighter (Soare3 v. Thornton, 7 Taunt. 627). Most descriptions of barratry are punished as crimes. By 33 Geo. III. c. 66, § 8, the captain of any merchantman under convoy, wilfully disobeying the signals or instructions of the commander of the convoy, or deserting without notice or leave, is liable to imprisonment not exceeding a year, or to a penalty not exceed- ing £500. By 7 & 8 Geo. IV. c. 30, for consolidating the laws of England as to malicious injuries to property; maliciously setting fire to, or destroying any vessel, whether complete or unfinished, and maliciously setting fire to a vessel to prejudice the owner, or the owner of goods on board, or an underwriter, are respectively, by § 9, made punishable (in England) with death. Barratry is one of the losses covered by insurance, and the owner may thus protect himself against the act of the master and sailors appointed by himself. " If the captain be the insured, no agreement on the BAR 73 BAV part of the insurers can make them liable for barratry committed by himself ; but they may be liable in such case for the barratry of the sailors in which he has no part" {Marshall, 521). It is the duty of the owner to prevent as far as he may the misconduct of the master; and if the former appear to have acted with gross negligence, the underwriter is not liable. Nor will this last be liable for loss which is the undoubted consequence of the barratry, unless it happen within the time prescribed by the policy for the duration of the risk. (.Park on Insurance, 137-158. Marshall on Insuratice, 518-538.) BARREL, a round wooden vessel formed so as to be stopped close ; also a mea- sure of capacity. The beer-barrel equal 36 imperial gallons. The barrel of flour is 196 lbs. avoirdupois. In Ireland the barrel of wheat, pease, beans, and rye, equal 20 stones each of 14 lbs. ; the barrel of barley, here, and rapeseed, equal 16 stones ; the barrel of oats is generally 14 stones ; the barrel of malt equal 12 stones. BARREL-BULK, in shipping, is a measure of capacity for freight, equal 5 cubic feet ; and 8 barrel-bulk, or 40 cubic feet, equal 1 ton measurement. BARRIQUE, a French provincial liquid measure, equal in Bordeaux to about 50^ imperial gallons ; in Nantes, 52f ; in Rochelle, 38^ ; in Rouen, 43 ; in Mont- pellier, for wine, 5h, and for oil, 7^ imperial gallons nearly. BARTER is the" exchange of one species of merchandise for another without reference to a money standard of value. Cases of pure barter are now of rare occurrence. Barter in Commercial Arithmetic is an application of the rule of Proportion to the exchange of one commodity, of which both the rate and quantity are fixed, for another, of which either the rate or the quantity are alone fixed. As the value of the goods exchanged are equal, it is obvious that the product of the quantities multiplied into their respective rates will be also equal. Hence the following Rule : Multiply the given quantity and rate of the one commodity, and the product, divided by the rate of the other commodity, gives the quantity sought ; or, divided by the quantity, gives the rate. BARWOOD, a red dye-wood produced in Angola and other places in Africa. Only a small quantity is imported into the United Kingdom. BARYTES, a ponderous earthy mineral, which is found both massive and crys- tallized ; it is of various colours ; and is both transparent and opaque. Sp. gr. 4*5. It is a very widely diffused substance. Chief localities, Dufton in Cumberland, Bohemia, &c. The purely white varieties are ground, and used as a pigment, either alone or mixed with white lead ; but it is otherwise of little value. (Phillips' Geo- logy and Mineralogy.') BASKETS (Fr. Corbeilles. Ger. K'6rbe. It. Paniere. Por. & Sp. Canastas) are well known articles, made of willows, twigs, rushes, or splinters, or some other slender bodies interwoven. In England, the osier willow (Salix Viminalu) is re- cognised as a most useful material for basketwork of all descriptions. The finer kinds of baskets are formed of the twigs of another species of willow; but what is called wickerwork is always made of osiers. See Basket Rods, s BASSA, a liquid measure of Verona nearly equal to an imperial gallon. BAST, the inner bark of the lime tree, is a material largely used in Russia for matting and cordage. BATMAN, an oriental weight. [Maund.] BATTA, a term used in India to denote a per centage, or allowance. Thus the Sicca rupee is said to bear a batta of 16 per cent, against the current rupee, as 100 Sicca rupees = 116 current rupees. Batta also denotes an allowance made to the East India Company's military officers in addition to their pay. BATTENS, pieces of fir or pine timber used for floors, and as a ground for laths. They are always at least 6 feet long, and generally not exceeding 7 inches broad, and 2£ inches in thickness when imported. The best are from Christiania ; the worst from America. Batten-ends are pieces under 6 feet in length. BATZE, a small base silver coin in Switzerland and some parts of Germany, worth about three halfpence sterling. BAVARIA, a kingdom in the S.W. of Germany, and, next to Austria and Prus- sia, the most important of the German States. Area, about 30,000 British square miles. Population,4,315,469. It is subdivided into eight provinces. Capital, Munich, pop. 75,000. The government is a limited monarchy, with chambers of councillors and deputies, regulated by a deed of constitution of May 26, 1818. Bavaria is composed of two territories, which are separated from each other by the interposition of the Baden and Hesse Darmstadt possessions. The larger, called the Territory of the Danube and Maine, extends from lat. 47^ IS)' to 50 D 41' N., aud from long. 8 3 51' to 13° 44' E., and compre- hends seven of the eight provinces. This country is mountainous and woody towards the south ; BAY 74 BAZ rising in the direction of the Alps, and containing a number of lakes and marshes, the grounds adjoining which are only now being brought under tillage. To the northward are rich and exten- sive plains until we reach the Danube, beyond which it is again mountainous and woody. The division called the Territory of the Rhine, is a small but densely inhabited country, extending from lat. 48° 57' to 49° 50' N., and from long. 7° 6' to 8° 31' E. Bavaria is essentially an agri- cultural country, and its soil, though indifferently cultivated, is in general fertile. Wheat, rye, barley, and oats, are the chief objects of culture ; next to which are the vine and hop plant : con- siderable attention is likewise given to flax, hemp, fruit, liquorice, and madder ; and of late, the rear- ing of the silk-worm has been attempted with partial success. The chief mineral productions are iron, salt, and coal ; but quicksilver, gold, silver, cobalt, and some other metals, are likewise found. Manufacturing industry is mostly diffused over a number of small dealers. The principal article is coarse linen ; the others are woollens, worsted hose, cottons, hardware, arms, beer, toys, leather, paper, glass, porcelain, and straw-platting. A favourable impulse has lately beeu given to manufactures by the institution of polytechnic societies and mechanic schools. The roads of Bavaria extend upwards of 5500 miles ; but they are generally bad ; and there are few complete canals of any great magnitude. The improvement of the means of communication has of late, however, begun to attract attention. A canal on a large scale is now in progress for joining the Danube and the Rhine, by connecting Dietfurth on the Altmuhl, an affluent of the former, with Bamberg on the Maine, a distance of about 112 British miles : it is estimated to cost nearly £900,000. In 1835, a railroad with steam-carriages was established between Nuremberg and Furth ; and in 1838, a regular steam-communication was established between Ratisbon and Linz in Austria, which in 1839 was extended to Donauwerth and Ulm. The external commerce of Bavaria is chiefly conducted by the Danube in one direction, and the Rhine in the other. Exports: — Grain, salt,"timber, potashes, fruit, liquorice-root, seed, hops, cattle, sheep, swine, fish, flax, yarn, coarse linens, glass, leather, Nuremberg wares, beer, <&c, amounting annually to nearly 1,500,000 florins, more than one-half of which consists of manufac- tured goods. Imports : — Wine, cotton, coffee, sugar, rice, tobacco, drugs, fish, copper, oil, hides and skins, hemp and flax, silks, woollens, lead, furs, honey, and cheese. Salt is prohibited. Bavaria, for an inland country, is favourably situated for commerce ; and it is the channel of a considerable transit trade betwixt the other German States and Switzerland, Austria, and Italy, to which the Prussian Commercial Union, of which Bavaria is a member, has given a consider- able impulse. The duties on goods imported are in general those of the Union. The chief commercial and manufacturing cities, besides Munich, are Augsburg, pop. 34,000; Nuremberg, pop. 40,400 ; and Ratisbon, pop. 22,000. Augsburg formerly occupied the place now held by Frankfort as the chief money-market of Central Germany ; and banking and exchange operations are still one of its principal sources of wealth : it also carries on an extensive transit trade, and is celebrated as a wine depdt. MEASURES, WEIGHTS, MONEY, FINANCES, &C. Measures and Weights. — In Munich, the ell = 32£ Imp. inch. ; the wine eimer of 60 maas = 8*12 Imp. galls. ; the scheffel of 6 metzen or 12 vier- tels = 9-98 Imp. bushels; and the centner or quintal of 5 stones or 100 pounds = 56 kilo- grammes or 1 23J lbs. avoird. Gold and silver are weighed by the Cologne mark, here reckoned worth about 2s. OJd., and the par of exchange with London, 9 fl. 50 kr. per £1. But in ex- changes with Hamburg and Amsterdam thenomi- nal florin, giro-geld is valued 27 per cent, higher, or at 2s. 7d. sterling. Retail transactions are con- ducted in Rhenish money, as above. The usance for bills on Augsburg is 15 days' sight ; half at J36098 troy grains. I usance 8 days. Bill transactions are settled weekly on Wednesday, and those which fall due on that day are not payable till the Wednesday follow- ing. Bills have thus from 1 to 8 days' grace ; but those drawn a vista (at sight), must be paid within 24 hours after being presented. Banks. — Augsburg, as already noticed, is one of the principal places of Germany for banking and exchange operations. At Munich , a bank- ing company has been established which issues notes, discounts bills, and lends money on mort- gage; it is sanctioned by government; but the latter is not responsible for its engagements. Finances. — The public revenue is about 30,000,000 fl., and the expenditure nearly the same ; besides which, the county rates for special provincial disbursements amount to upwards of 4,5(i0,000 fl. The national debt is nearly 130,000,000 fl. S These measures and weights have lately been rendered general throughout Bavaria. In the former system of Augsburg, the traders' or long ell = 24 Imp. inches ; the fustian or short ell 23-32 Imp. inches; the muid of 48 maas = 15*08 Imp. galls. : the schaff of 8 metzen = 5*65 Imp. bushels ; 100 lbs. heavy weight = 108-30 lbs. avoird. ; and 100 lbs. light weight = 104-23 lbs. avoird. The Augsburg mark of 16 loths or 64 quintins = 3643 troy grains. Money. — The common integer of account is the Rhenish or Bavarian florin, which is divided into 60 kreutzers, each of 4 pfennings. This florin, being coined at the rate of 24 i from the Cologne mark of fine silver, is equal to Is. 8d. sterling. In Augsburg, the florin of account and ex- change (divided as above) is valued according to the convention rate, as in Austria, making it BAY, a celebrated tree {Laurus nobilis), a native of Barbary, of tbe south of Europe, and of Asia. It attains a height of 20 or 30 feet. The leaves are smooth, evergreen, lanceolate, and wayy at the margin; and afford, when bruised or burnt, a grateful aroma, which occasions their employment for culinary purposes. But the part chiefly valued is the fruit or berry, which is small, ovate, dark purple- coloured, aromatic, and bitter. It has long been used in medicine as a stimu- lant and carminative. The husks of the berries contain a great quantity of volatile oil ; and the kernels furnish by expression a fat greenish oil, which is much em- ployed in embrocations. Bay-berries and oil are imported into the United King- dom from Italy and Spain. BAZAAR (in Persian a market), a term used in Persia, Turkey, Egypt, and India to distinguish those parts of towns which are exclusively appropriated to BEA 75 BEE trade. The principle of the oriental bazaar is association for facility of reference ; all the shops of a city are placed together ; and the different trades and occupations are severally collected in different parts of the bazaar, instead of being indiscrimi- nately mingled as in our streets. Thus the saddlers are found to occupy one passage, the pipemakers another, and so on. The great bazaars consist of a connected series of these passages, or lanes, vaulted with high brick roofs, surmounted by domes which admit a subdued daylight ; and those of a superior description are sometimes decorated with paintings. The passages are composed of a series of recesses or stalls, the floor of which is raised from two to three feet above the ground. These re- cesses, which are entirely open in front, are scarcely more than closets ; but in the more respectable parts there is generally a door in the back-wall which leads to another apartment that answers the purpose of a store-room. The front part is the shop, on the floor of which the merchant sits with his goods so placed that he has seldom occasion to rise, which, if he is a Turk, he rarely does without manifest re- luctance. Long bargaining is common, and an apparent indifference is exhibited both by buyer and seller ; the latter, as he sits smoking his pipe, being indeed the very personification of luxurious repose. Not only trades, but handicraft employ- ments are carried on in the bazaars. The stocks of the individual dealers are sel- dom of much value, but an imposing effect is produced by the exhibition of the whole in a connected form, whence arises the splendid appearance of the oriental bazaars. Business commences and terminates with daylight, and none of the shop- keepers or artisans reside in them. Wholesale dealers have no open shops in the bazaars, but they have warehouses in them, or in their vicinity. In this country, especially in London, the term bazaar is commonly understood to mean an assemblage of shops or stalls under cover, but these are less properly bazaars than Paternoster Row with its books, Monmouth Street with its shoes, and Holywell Street with its old clothes. BEACON. [Buoy. Lighthouse.] BEACONAGE, a charge for the use and maintenance of a buoy, lighthouse, or other beacon stationed for the use of navigators. BDELLIUM, a gum resin of doubtful origin, produced in Persia and India. It resembles myrrh, for which it is sometimes substituted. It is now disused in Britain, but is to be found intermixed with gum-arabic. BEADS, small globes or balls made of glass, ebony, pearl, or other materials, and used as necklaces. They are also employed by Roman Catholics for the pur- pose of counting a series of prayers called the Rosary. BEANS (Fr. Fives. Ger. Bohnen. It. Fave. Por. Favas. Rus. Boobu. Sp. Habas), the grain of a leguminous plant (Faba vulgaris), of which there are two general classes, — those which are cultivated in gardens, termed garden or white beans, and those which are cultivated in the fields, termed field or gray beans. Of these last, the principal are the horse bean and the tick ; the former is the more hardy, the latter is generally of better quality, and more productive. The bean, though an exhausting crop, is regarded as well suited to prepare the land for wheat or barlev. It is sown in February or March ; and except where the dibbling process is resorted to, about 4 bushels of seed are required to the acre ; 40 bushels to the acre are regarded as a great crop ; 30 bushels are a full and satisfactory one ; and probably the average produce of the kingdom does not amount to 24 (Low's Agriculture). The field bean is chiefly applied to the feeding of horses, hogs, and other domestic animals. [Corn Trade.] BEAVER. [Fur Trade.] BECHE DE MER, called also tripang, or sea-cucumber, is a very peculiar kind of sea-slug (Holothurion), which, after being gutted, pressed, dried in the sun, and smoked, is regarded by the Chinese as a luxury, much in the same way in which we regard caviare. It is carried to China "from almost every island of the Eastern Archipelago, from Australia, and of late from Mauritius and Ceylon. The value, as may be seen by the Canton Price-current, varies according to qua- lity, from 6 dollars up to 50 per pecul; and the natives alone for the most part are judges of its worth. The principal importation into China is by the junks, and the quantity is so considerable that the fishery of it, especially on the coast of New Holland where it abounds, might probably be entered into with advantage by Europeans. {Edinburgh Cabinet Library, No. XX. China.) BEECH, a beautiful and valuable tree (Fagus sylvatica), indigenous to most parts of Europe. It thrives best in rich soils and sheltered situations. The wood is of close texture, though not so strong as the grained timbers against a cross strain. When exposed to alternate drought and moisture soon decays, but lasts long when kept constantly wet. Beech is used for machinery, furniture-work, BEE 76 BEE screws for workmen's benches, presses, stocks and handles of tools ; also for keels of ships, boats, and for planking in parts kept constantly under water. It is, however, little used in building, and though easily turned, it is not adapted for hollow vessels, as it is apt to split when quickly dried after being wet. Beech is also liable to be attacked by worms, so that it is not extensively employed. The small wood makes good charcoal, and the mast or fruit furnishes food for swine. Beech-nut Oil, a fat or greasy oil, resembling that from olives, obtained from the decorticated nuts of the beech tree. These yield, by pressure, about 15 per cent, of oil, and a larger quantity when aided by heat; the remaining cake is reckoned better food for cattle than common oil-cake. BEEF (Fr. Bceuf. Ger. RindfieiscH), the flesh of the ox, forms, in a salted state, a considerable article of exportation, especially from Ireland. In 1838 there were exported of the produce of the United Kingdom 42,161 barrels of beef and pork of the declared value of £148,403 ; about two-thirds of which were sent to the West Indies ; and the remainder chiefly to Australia, British America, Mauri- tius, and India. In the same year 13,108 cwts. of foreign salted beef were imported ; only a small part of which, however, was entered for home consumption. The importation of fresh, or corned, or slightly salted heef for home consumption is prohibited by 3 & 4 Win. IV. c. 52, § 58-60 ; and, by 3 & 4 Wm IV. c. 57, § 43, foreign beef exported from the warehouse must be taken on board as merchandise only, and not consumed as stores. A barrel of Irish mess beef contains 25 pieces, each of 8 lbs., or 200 lbs. ; a tierce, 38 pieces, or 304 lbs. ; a firkin, 25 pieces, each of 4 lbs., or 100 lbs. S BEEF-WOOD, the produce of a species of Casuarina, which grows in New South Wales, is a hard, close-grained, reddish wood, variegated with dark and white streaks. It is imported in logs of about 9 feet long by 13 inches broad ; and is principally used in forming borders to work in which the larger woods are em- ployed. S BEER (Fr. Biere. Ger. Bier) is a fermented liquor, made from the malt of barley, and flavoured with hops. It may be called the wine of barley. A variety of kinds are made ; those in use at present being distinguished by the names of Ale, Porter or Strong Beer, Table Beer, and Small Beer, which differ little except in strength, and in the mode of preparing the malt from which they are manu- factured. Ale is brewed from malt which has been dried by the application of only a slight heat, and is of a more sirupy consistence and sweeter taste than porter. The best kinds made in this country are the Scotch and Burton ales. Scotch ale is distin- guished for paleness of colour and mildness of flavour ; the taste of the hop never predominates ; and it is perhaps more near to the French pale wines than any of the other ales that are brewedin this country : it is like them too the result of a lengthened fermentation. The general mode of charge is by the hogshead (= 1^ barrels or 54 Imp. galls.), for which from £3 to £8 are paid according to quality. This ale is made chiefly in Edinburgh, also at Alloa and Prestonpans. Burton ale, brewed at the place of that name in Staffordshire, is prepared from the palest malt and hops, as, if it be not as pale as a straw it will not pass with con- noisseurs. It is also distinguished for strength, flavour, and sweetness. It is usually charged by the gallon, as the sizes of the casks differ. Besides the Burton ales, those of Nottingham and Birmingham are sent to the London market. Porter, or strong beer, is a potent fine liquor, transparent, and of a beauti- ful brownish colour. It is brewed in the same way as ale, with this difference, that in making malt for porter, a much higher temperature is applied, by which it is slightly burned, so that the wort got from it has a dark colour, and a peculiar bitter taste. Other substances, however, besides malt and hops, are known to bo sometimes used to improve its flavour and appearance, though the use of such sub- stances is prohibited. Different kinds of porter are known in trade by particular names and marks. Mild beer is beer newly brewed ; entire consists chiefly of that made expressly for the purpose of keeping ; brown stout is a fine strong kind of porter : the degrees of strength are in some cases marked with an X (single X), XX (double X), and XXX (treble X). For a fuller account of the different kinds of porter, see " Art of Brewing" Library of Useful Knowledge. The price of a hogshead varies, according to quality, from about £2, 12s. to £5, 2s. ; namely, X, or stout, £2, 12s. ; XX, or brown stout, £3, 12s. ; XXX, or double brown stout, £4, 4s. ; imperial, £5, 2s. London is the chief seat of the manufac- ture, but Dublin porter is also celebrated. Of late years a general preference is fiven to mild ale instead of porter ; and several of the most eminent London brewers ave had to change their manufacture to suit the altered taste of their customers. BEE 77 BEE Small beer and Table beer aro weaker liquors, made either by mixing a large pro- portion of water with the malt, or by mashing what is left after the porter or ale wort is drawn off, with a fresh quantity of water. The names of spruce beer, gin- ger beer, &c. are given to other inferior beverages, consisting of a saccharine liquor, partially fermented, and flavoured with peculiar substances. The excise duties formerly levied on beer were abolished from and after Octo- ber 10, 1830, by 1 Wm. IV. c. 51 ; but a considerable revenue is still derived from the licenses payable for the privilege of manufacturing and selling it, and from the duty on malt. The Manufacture of Beer is regulated by different statutes. Brewers are re- quired to take out a license from the excise, and to " enter " their premises under a penalty of £200, and forfeiture of the mash-tun and materials. No security is required' for the license. Brewers are prohibited from having on their premises any raw or unmalted grain or corn, under forfeiture of the same, and a penalty of £200 (1 Wm. IV. c. 51). The adulteration of beer is also prohibited ; and any brewer or dealer in beer having in his possession, making, using, or mixing with any worts or beer, any other articles than malt and hops, shall forfeit such articles and the vessels in which they are contained, and pay £200 for each offence. Druggists or others delivering to any brewer, or dealer, knowingly, any colouring other than unground brown malt, are subject to a penalty of £500 (56 Geo. III. c. 58). The license duty imposed on brewers shall be paid according to the quantity of malt used by them, reckoning a barrel of beer (36 Imp. galls.) for every two bushels of malt (6 Geo. IV. c. 81 ; 1 Wm. IV. c. 51). The Sale of Beer in England is principally regulated bv the acts 11 Geo. IV. and 1 Wm. IV. c. 64, 4 & 5 Wm. IV. c. 85, and 3 & 4 Vict. c. 61, the chief enactments of which are the following : — A party requiring a license for selling beer, ale, and porter, by retail, must produce to the officer of excise "a certificate from an overseer of his locality, to the effect, that he is an actual resident in the house for which he claims, and stating the amount in which he is rated to the poor (3 & 4 Vict. c 61, § 2) ; must enter into a bond to the commissioners of excise, with one surety of £20, or with two of £10 each, for the payment of any penalty or sum of money, not exceeding the amount of such £20 or £10 respectively, which shall be incurred for any offence against this act, by the party to whom such license shall be granted ; and no person licensed to sell beer by retail, or not being a householder paying the poor-rates, shall be surety in any such bond (1 Wm. IV. c 64, §§ 4, 5). By the late act, licensed retailers must enter all their premises with the excise, under the arrangements of the general excise act [Excise] (3 & 4 Vict. c. 61, § 9). Every person applying for a license to sell beer to be drunk on the premises, to deposit with the commissioners a certificate of good character, signed by six rated inhabitants of the parish, none of whom shall be maltsters, common brewers, or persons licensed to sell spirituous liquors or beer or cider by retail ; but if there are not ten rated inhabitants in the place, the certificate of the majority of them to be sufficient. Such certificate to be signed by overseer as to rating, under a penalty for refusal of £5 (4 & 5 Wm. IV. c. 85, §§ 2, 3). Duties on beer licenses under 1 Wm. IV. c. 64 repealed, and in lieu thereof there shall be payable for any license to sell beer off the premises, £1, Is., and on the premises, £3, 3s. (lhiri. § 13). Penalty for making or using false certificates, £50 ; and licenses obtained on false certificates to be void. Licenses under the said act not to authorize persons to hold licenses for sale of wine. Penalty on persons licensed under the acts permitting wine or spirits to be consumed on the premises £50, besides excise penalties and forfeiture of the spirits, &c. and of the license. Penalty on unlicensed persons selling beer and cider by retail, £5, besides excise penalties. There is a similar penaltv against persons allowing beer to be drunk on the premises, when the license is for beer drunk off the premises (3 & 4 Vict. c. 61, §§ 6, 13). The name and surname of the party licensed to be painted on a board over the door " in letters three inches at least in length, in white upon a black ground, or in black upon a white ground," together with the words " licensed to sell beer by retail," " not to be drunk upon the premises," or, " to be drunk on the premises " (1 Wm. IV. c 64, § 6 ; and 4 & 5 Wm. IV. c. 85, § 18). Certificate not to be required for houses in London or Westminster, or any parish or place within the bills of mortality, nor any city or town corporate, nor within the distance of one mile from the polling place of any town returning a member to Parliament, so that the population ac- cording to the last parliamentary census shall exceed 5000 (4 & 5 Wm. IV. c. 85, § 21). By the last act, no premises can be licensed unless they be rated at £15, if in London, or within a mile from the polling place of a town having 10,000 inhabitants; or at £11 where the population is above 250u ; or at £8 if situated elsewhere (3 & 4 Vict. c. 61, § 1). BEE 78 BEE Account of the Number of Licenses granted for the Manufacture and Sale of Beer in the United Kingdom, together with the amount of Duty thereon, in the Year ended January 5, 1838. Brewers of strong beer not exceeding 20 barrels exceeding 20 and not exceeding 50. . .... 50 .... 100.. .... 100 .... 1000. lOOObarrels Brewers of table beer Retail brewers under 5 Geo. IV. c. 54 Sellers of strong beer only, not being brewers Beer retailers whose premises are rated under £20 \ per annum / £'20 or upwards Retailers of beer, cider, or perry, under 1 Wm. IV. \ c. 64, and 4 & 5 Wm. iV. c. 85, namely f To be drunk on the premises Not to be drunk on the premises England. Scotland. Ireland. No. Duty. No. Duty. No. Duty. 8,998 £4,499 62 £31 29 £14 8,520 8,520 24 24 1 10,445 15,667 28 42 11 16 18,306 36,612 211 422 55 110 1,597 13,825 114 956 146 1549 14 13 90 63 18 94 20 105 .. 979 3,084 23 72 60 i89 39,926 41,922 16,293 17,108 19,175 20,134 15,824 49,846 790 2,488 1,623 5,112 39,902 125,691 5,291 5,556 The Exportation of Beer is regulated by 1 Wm. IV. c. 51, § 9-14. A drawback of 5s. is payable for every barrel of 36 imperial gallons exported to foreign parts. But before any debenture shall be paid for such drawback, the exporter, or his principal clerk or manager, shall make oath, before the proper officer of excise, that such beer or ale was exported as merchandise, and no part thereof for the ship's use ; and that, according to the best of his knowledge and belief, the same has been brewed wholly from malt which has paid the duty of 2s. 7d. a bushel. He shall also specify in such oath the time when, and the place where, and the brewer, being an entered and licensed brewer for sale, by whom such beer or ale was brewed, and that the quantity of malt used in brewing was not less than 2 imperial bushels for every 36 gallons of such beer or ale. Penalty for false statements, £200, and the debenture is void. The art of preparing ale and beer for warm climates has now attained a high degree of excellence ; but the quantity exported is inconsiderable, when compared with what is consumed at home. It is principally sent to the East and West Indies, Australia, United States, and Brazil. In 1836, 15,148 tuns (each of 216 gallons) were exported, of the declared value of £270,915 ; in 1837, 15,588 tuns, declared value, £273,122 ; in 1838, 18,327 tuns, declared value, £317,359. By the Customs Tariff Act of 1853 the duty on beer and ale imported is £1 per barrel. Historical Notice.— The use of a fermented liquor from barley is of high antiquity, not only in the north of Europe, but even in Spain and Egypt. Ale was a favourite beverage of the ancient Scandinavians, and it was an article of their belief that drinking large draughts of it formed one of the chief felicities of heroes in the Hall of Odin. In England, ale appears from a very early period to have been regarded as one of the necessaries of life ; but down to the era of the Reforma- tion, the use of wine was also very general ;— it being both extensively manufactured from vines reared in the southern counties, and imported on a considerable scale from the Rhine and other parts. The decay of the ecclesiastical gardens at that time, however, and the greater encourage- ment then given to the growth of grain and the culture of hops, gradually led to the more extended use of ale, which, from the period just stated, maybe regarded as peculiarly the national beverage of England. In ancient times, ale was subject to a variety of statutory regulations in reference to its price and wholesomeness ; but it was not made an exciseable commodity until 1643. The beer duties varied at different periods ; and at length were abolished in Ireland in 1795, and in Britain in 1830. The rates levied betwixt 1802 and 1830, were 10s. per barrel (old measure) on strong beer, and 2s. per barrel on table beer, which yielded in the year 1829, in England, £3,126,568; in Scotland, £79,414 ; in all, £3,205,982. The quantity brewed during the same year in Britain, amounted to 7,735,598 barrels, of which 6,060,247 barrels were strong beer. No record exists of the quan- tity made since the abolition of the duty ; but there can be no doubt that it has very consider- ably increased. In the same year (1830) in which the duties on ale and beer were repealed in Britain, by 1 Wm. IV. c. 51, another act of even greater importance, not only to the traders in ale and beer, but to the community generally, received the sanction of the legislature. This was the act 1 Wm. IV. c. 64, already mentioned. Under its provisions, which came into operation on the 10th October 1830, any person could obtain a license to sell ale, beer, and porter by retail in England ; their privilege being derived from an excise license costing two guineas, and renewable annually. Pre- viously, the Justices of the Peace were alone empowered to grant licenses for the sale of malt liquor. The acts of 1834 and 1840 (4 & 5 Wm. IV. c. 85 ; and 3 & 4 Vict. c. 61 ) introduced some new regulations which ought perhaps to have been considered necessary from the first opening of BEE 79 BEL a new trade so liable to be misconducted a3 that of the sale of fermented liquors. The act of 1834 also introduced a distinction in England between those who sold beer, many. J Great Britain . . Russia United States. . . Cuba Hayti Brazil Other countries- Total, Value of Imports into Belgium. 1831. I £ 584,995 2 404,419, 1832. £ 249,768 348,399 448,474 1,166,399 1,550,224 3, 54,463; 1833. £ ,927,505 730,426 1834. £ 1,425,952 1,073,436 1,284,8201,064,743 289,102 2, 300,434 327,8021,215,723 280,763 269,383 273,704 492,772 643,877 224,850 935,722 308,435 645,110 2,102,649 180,044 f 710,876 1 298,315 (.166,084 399,367 531,211 3,920,523 9,336,301 8,700,7457,952,6/7 Value of Exports from Belgium. 1831. 1832. 1833. £ £ £ 1,684,749 2,420,365 2,226,618 281,826j 321,765, 708,046 1 ,188,953 1,288,684 862,425 I 528,743 318,173 414,154 23,036 I 14,486 120,000 43,454 28,641 11,818 37,196 10,205 85,084 10,984 129,153 3,862,211 '4, 449,678 4,446,669 1834. £ 3,121,534 712,274 1,484,344 323, 22,065 ( 57,500 < 24,825 I 72 16,694 114,754 5,878,05( Since 1834 the trade has no doubt increased, though the shipping possessed by Belgium still remains inconsiderable. At the revolution in 1830, many of the Belgian shipowners placed their vessels under the flag of Holland, as the latter retained all the colonies which formerly belonged to the two kingdoms jointly ; and though some increase has since taken place, yet, on 31st December 18.37. the number of merchant vessels belonging to the Belgian ports (including river ports), was only 156, and their tonnage 21,690 ; this included 5 steamers, but was exclusive of about 100 fishing sloops. (Board of Trade Table*, vol. vii. p. 286.) The imports from the United Kingdom consist partly of foreign and colonial merchandise, but chiefly of British produce and manufactures. The declared value of the latter imported from 1831 to 1838 was as follows :— 1832, £690,899; 1833, £886,429; 1834, £750,059; 1835, £818,487; 1836, £839,275; 1837, £804,917; 1838, £1,068,010 ; which last is equivalent to two-thirds of the British exports to Holland and Belgium jointly in 1821. The imports from Britain chiefly consist of sheep's wool, woollen, linen, and cotton yarns, machinery, iron, steel, hardware and cutlery, BEL 81 BEN especially the finer kinds, cotton manufactures and small wares, woollen cloths, silks, brass, cop- per and pewter manufactures, and salt. A considerable portion of these goods, especially the yarns and cloths, are not intended for consumption in Belgium, but are smuggled aero s the French frontier ; this is partly done by dogs trained for the purpose by being pampered in France, and half-starved and otherwise ill-used in the former country. The bonding yards are at Antwerp, Bruges, Brussels, Courtray, Ghent, Liege, Louvain, Mech- lin, Mons, Nieuport, Ostend, Ruremonde, Tournay, and Venloo. Belgium communicates with the sea by Antwerp, Ostend, and Nieuport, by the canal of Bruges to O ostburg, by the canal of Dunkirk to Fumes, by the canal of Ghent to Terneusen, by the canal of T?rmonde to Hulst, by the Scheldt from Flushing to Antwerp, by the same river and the eanal of "Willebroek from Brussels to Antwerp, and by the canal of Louvain and the Scheldt from Louvain to Antwerp. But the only seaports of any consideration are Antwerp and Ostend. Antwerp, a strongly fortified and magnificent town, is situated in 51° 14' N. and 4° 22' E. on low ground, on the right bank of the Scheldt, where the river mukes a considerable bend. Population in 1838, 77,162. It is about 45 miles from the mouth of the Scheldt, reckoning from Flushing, where vessels bound for Antwerp must take a Dutch pilot as far as Litlo. The river at Antwerp is about 400 yards broad, and large vessels may sail up to the quay, and into a large basin ; the depth at low water in front of the city being from 32 to 42 feet. Its commerce is still consider- able, though far below what it was in the fifteenth and sixteenth centuries, when it had a popula- tion of 200,000, and 2000 vessels annually entered its port. In \8zJ, 995 ships arrived ; 690 in 1830 ; and only 382 in 1831 ; but since this last year the shipping has greatly increased, and in 1837 the number of vessels which entered was 1426, and the amount of their tonnage, 225,759. Ostend, a fortified seaport of West Flanders, is situated in 51° lO' N. and 2° 54' E Papulation, 11,390. It possesses great facilities for carrying on trade with the interior by means ol railways and canals. The town is almost surrounded by two of the largest of these, particularly that leading to Bruges, into which ships of great tonnage may enter with the tide. The number tuat arrive annually is from 500 to 600. MEASURES, WEIGHTS, MONEY, FINANCES, &C Measures and Weight*.— The French metrical loans, and in various ways facilitates commerce. . was introduced in 1820. j Its capital (exclusive of a reserved fund) con- " The following old measures are still partially ; sists of 50,000,000 florins, or 105,820,000 francs US ed: — The Antwerp silk ell = 27-32 Imp. inches, , (£4,lf>6,666), and it issues notes to the amount and woollen ell = 2697 Imp. inches ; the Brabant , of 40,000,000 francs, in sums of 50, 100, 5oO, and eil = 27-58 Imp. inches; the aam of 50 stoops = j 1000 francs. The Bank of Belgium at Brussels 32§ Imp. galls ; the velte = 4-1 Imp galls. ; the ; was founded in 1835, with a charter for 25 yeara. last of 37i viertels = 10i Imp. qrs. ; and 100 lbs. | Its capital is 20,000,000 francs, and its banking Brabant weight = 103*35 lbs. avoird. The Bra- j operations are similar to the society just named, bant league is 6076 yds. | Both are in part under the control of the govern- Money. — The general monetary unit is now the , nient, and possess numerous dependencies. In French franc, which is divided into loo centimes, I 1837, the Commercial Bank of Antwerp was in- and equal 9Jd. sterling. In some places the stituted with a capital of 25,000,000 franes; and Dutch florin or guilder (= Is. 8d. sterling) is numerous other institutions of the same nature still retained, particularly in foreign exchanges ; j exist in different parts of the kingdom, and in others the Brabant florin; the Litter is Finances. — The public revenue in 1839amonnt- divided into 20 sous, each of 12 deniers ; 6 florins ed to £4, 163,821; the expenditure to £4,476, 613. Dutch or Netherlands currency = 7 florins Bra- The national debt consists, 1st, of 100,000,000 bant currency; 189 Dutch florins = 400 francs; francs, borrowed in 1831-32, at 5 per cent., chiefly and 110 florins 5 sous Brabant currency = 20u for the organisation of the army ; 2d,of 30,000,000 francs. The national coins are similar to those \ trancs, borrowed in 1836, at 4 per cent., for of France. railways and other means of communication ; The usance of bills from London is 1 month's • 3d, of a floating debt of 25,000,100 francs, at date. No davs of grace are allowed. 3i per cent., principally for railways and roads ; Banks.— The Societe Generate pour favor iser ' total, 155,000,000 francs, or £ shall marry, or at a certain time if C D be alive then, or if C D shall have disposed of certain property. From the time when a bill is drawn and delivered, it becomes by the operation of the contract of mandate, a document of debt in favour of the payee, for he who in fulfilment of an obligation gives an order on another to pay, becomes himself responsible on that other not performing. If the drawee is not indebted to the drawer, or as it is commonly termed, has " no effects," he will not be liable, even though he has accepted, to the drawer, but third parties who have received the paper for value, are not affected by the obligations between the original parties, otherwise than as they appear on the bill. [Accommodation Bill.] A drawer generally appends his usual signature at the foot of the mandate. The acceptor to whom it is addressed generally signs below the drawer, either with or without the word " accepts" before his name. An indorser commonly puts his name on the back, with or without a direction to pay to a particular person. [Drawer. Acceptor. Indorser.] It is a common practice to mention on the face of a bill that it is u for value received ;" but this is not necessary, and in the general case value is presumed, and need not be proved by the party pleading it unless where a bill has been originally obtained through fraud, or in the case of a transfer by delivery by a person not entitled to make delivery, or in that of a bill which has been stolen. In bcotland the presumption of value is so strong that no evidence will be received to contradict it but the writ or oath of the party pleading it. Persons may come under general obligations as to bills which have to be made specific by the acts of others. Thus if one makes a bill blank in the name of the payee, any bond fide holder is entitled to fill in his own name. A person who delivers a blank bill stamp, drawn or accepted, is liable for whatever sum, covered by the stamp, may be filled in. Bills may be subscribed by procuration. Whoever takes such a bill, however, must assure himself of the procurator or agent's authority to grant it, for if he exceed his powers, the bill will not be effectual against his employer. A person who signs a per procuration" should mention that he does so, otherwise he will be personally liable. Bills of exchange are divided into foreign and inland ; the former are drawn in one country and payable in another, the latter are drawn and payable in the same country. A bill drawn in one of the three British kingdoms on a person resident in another, is, for some purposes, considered a foreign bill. The peculiar privileges which attach to bills as negotiable instruments, were first awarded to foreign bills, or to those drawn in Britain and payable abroad, and arose out of the absurd notions regarding the balance of trade. By 9 & 10 Wm. III. c. 17, and 3 & 4 Anne. c. 9. in England, and by the act 1696, c. 36, in Scotland, inland bills were placed in the same situation with foreign ; and in most essential points, the laws as to BIL 84 BIL both are analogous to each other. The chief distinction is in the practice of pro- test in England, which is necessary on occasion of the dishonour of a foreign hill, but is limited in effect and practice in inland bills. [Protest.] Foreign bills are generally drawn in several sets or parts, transmitted by different conveyances, in order that if any one or more should be lost, another may arrive safe for being presented. Each bears that it is payable on the others not being paid, as, " pay this my second bill of exchange, first and third of the same tenor and date not being paid," &c. The drawee of a bill drawn in sets should only accept one of the sets, as it is held that if he accept one set, and afterwards pay another set, he will not be liberated from the claim of a bona fide holder of the accepted ones. By special statute in England, all bills under 20s. are void, and those between that sum and £5 must be made payable within twenty-one days after date, contain the name and description of the payee, and bear date at the time of making. They must likewise be attested by a subscribing witness (15 Geo. III. c. 51, 17 Geo. III. c. 30, and 27 Geo. III. c. 16). [Indorsement.] Persons negotiating in England bills or notes under £5, or on which less than £5 remains undischarged, made in Scot- land or Ireland, or elsewhere out of England, forfeit a sum not less than £5, or more than £20 (9 Geo. IV. c. 65, § 1). Bills of exchange must be on a proper stamp. In Britain there is a distinction in the scale of duties for those drawn not exceeding two months after date, or sixty days after sight, which are said to be at short date, and those at longer periods, which are said to be at long date (55 Geo. III. c. 184, Sched.). There is no such distinction in the schedule of the Irish stamp act, 56 Geo. III. c. 56. There are separate tables for bills drawn in sets, each set requiring to be stamped. The principal exemptions are, bills issued by the Bank of England ; bills drawn in pursuance of the acts for paying and supplying the army and navy (55 Geo. III. c. 184, Schedule). By 9 Geo. IV. c. 49, § 15, drafts on bankers within fifteen miles of the place of drawing are exempt, provided the place where the draft is issued be specified, and they bear date on or before the day of issue, and do not direct payment to be made by bills or promissory notes. Although, as above stated, a document which is not an order to pay money " at all events," is not entitled to the privileges of a bill, yet an order on any particular fund which may or may not be available, or depending on a contingency which may never happen, if made payable to bearer, or to order, or delivered to a payee, requires a stamp (Sched.). Persons connected with the issue of bills not duly stamped, forfeit £50 ; and persons post-dating bills, for the purpose of bringing them under the smaller duty applicable to bills at short date, or being in any way accessary to the issue of such post-dated bills, forfeit £100 (55 Geo. III. c. 184, §§ 11 & 12). Per- sons evading the stamp-duties under colour of the exemptions in favour of bank notes, and bills, and drafts, forfeit £100 (§ 13). A bill not duly stamped is not ad- missible as evidence of any description of obligation, and cannot be regarded by a court of justice (31 Geo. III. c. 25, § 19, and 55 Geo. III. c. 184, § 8). It is no objection to the stamp on a bill, that it is of greater denomination than that re- quired by law, or that it is a stamp adapted to a different purpose (if of the assigned or greater denomination), provided it have not the different purpose stated on its face (55 Geo. III. c. 184, § 10). A bill cannot properly be stamped after it is issued ; but if the commissioners have stamped it, the period of applying the stamp cannot be objected to against the holder of the bill. But where a bill is stamped, of the proper or higher value, with a wrong denomination on the face of it, it may be re- stamped. Bills, though they are of the nature of a " chose in action," which is not strictly assignable, may be transferred from hand to hand or negotiated. [Chose in Action.] In England, to enable this to be accomplished, there must be negotiable words, such as " or order," " or bearer :" in Scotland this is not requisite. A bill pay- able to A B, or order, is indorsable by A B, and payable to his indorsee. A bill payable to A B, or bearer, is payable to whosoever holds it, A B's name not affecting the nature of the document. The various parties upon a bill, besides the acceptor, indorsers, drawers, and others, become liable for its payment on failure of the acceptor. The acceptor's failure to pay is commonly said to be an act of dis- honour. If the drawee refuse acceptance, this likewise is dishonour, and is held to be such a prospective refusal of payment as entitles the holder to claim immedi- ately from the drawer, or, if there be an indorser, on that indorser, who has re- course on the drawer ; but to entitle him thus to recur on the original parties, there are obligations on the holder, without performing which he is held not to have duly negotiated. He must present the bill for acceptance and for payment on the proper occasions. [Presentment.] He must give notice of non-acceptance, or of BIL 85 BIL non-payment ; and in particular cases he must have the bill protested in such cir- cumstances. [Notice. Protest.] In Scotland due negotiation gives a bill which has no irregularity on its face a peculiar privilege, by which it is held as the decree of a court, and put in immediate execution, unless cause can be shown for sus- pending. [DiligencEjSummary.] Bills of exchange cease in England to be do- cuments of debt on the expiry of six years from the time named for payment. By 9 Geo. IV. c. 14, § 3, no memorandum of part payment by the party receiving payment is sufficient to take a bill out of the rule. In Scotland, by 12 Geo. II 1. c. 7"2, § 37, and 23 Geo. III. c. 18, § 55, no action can be commenced on bills after six years from the time of payment. This provision does not affect the debt or obligation on which the bill proceeds, which is still open to be proved otherwise. (Bayley on Bills. Chitty on Bills. Thomson on Bills.) Form of Ordinary Inland Bill. £100. London, January I, 1861. Three months after date, pay to ine or order, One Hundred Pounds, for value received. John Smith. To Mr William Anderson, Merchant, Glasgow. William Anderson. W. B. This admits of the following variations, according to circumstances : — Instead of " three months after date," it may be " at sight," or at such a time " after sight," or at such a specified time, or "on demand ;" and the instruction to pay may be " to AB or order." Form of a Promissory Note. £100. London, January 1, 1361- Three months after date, I promise to pay to Mr John Smith, or order, One Hundred Pounds, for value received. William Anderson. The variations above noticed, in regard to a bill, are all applicable, so far as they are consistent with the nature of the document. Form of a Foreign Bill. £540. Havana, April 1, 1861. Sixty days after sight of this First of Exchange (Second and Third unpaid), pay to the order of Messrs Lamb and Thompson, Five Hundred and Forty Pounds sterling, value received; and charge to account, with or without advice of Thomas Forbes. To John Walker, Esq., Liverpool.") John Walker, payable at the office of Payable in London. / Messrs Barclay and Company, London. The naming of the payee admits of the same variations as are exhibited in an inland bill. Tha time of payment may also be expressed in the various ways applicable to an inland bill. The term ' ' usance " is sometimes employed to express the period of running in foreign bills. It means a certain time fixed by custom as between any two places, and the period covered by a usance will therefore depend on the places of drawing and payment " An usance between this kingdom and Amsterdam, Rotterdam, Hamburg, Altona, or Paris, or any place in France, is one calendar month from the date of the bill ; an usance between us and Cadiz, Madrid, or Bilbao, two ; an usance between us and Leghorn, Genoa, or Venice, three." (Bayley on Bills, 251.) S BILL OF HEALTH. [Quarantine.] BILL OF LADING is the acknowledgment given by the master of a ship f>r goods shipped. It is a negotiable instrument. Several parts or copies are made out, one for the use of the master, the others for the snipper, who, by means of them, can give a title to the consignee or other person for whom the goods are destined, to receive them. The following is an ordinary form of a bill of lading : Shipped in good order and well-conditioned by John Smith & Co., in and upon /\ the good ship called the Elizabeth, whereof is master for this present voyage William / [/\ Nelson, and now riding in the river Douro, and bound for Leith, ten hogsheads red \ / Port Wine, being marked and numbered as in the margin, and are to be delivered in yvt the like good order and well-conditioned at the aforesaid port of Leith, the dangers of the seas only excepted, unto Mr Henry Ivison, or to his assigns, he or they paying freight for the said goods, sixty shillings sterling per ton, with primage and average accustomed. In witness whereof, the master of the said ship hath affirmed to threi Brand, bills of lading, all of this tenor and date, one of which bills being accomplished, the J. S. & Co. others to stand void. W. Nelson. Oporto, April 6, 1861 When the goods are put on board, a receipt is generally given by the master ; this is afterwards exchanged by the holder for the bill of lading. It must be writ- ten on a stamp. It will be observed that there is a clause, as in bills of exchange drawn in sets, providing that one set being honoured, the others are void. The bill has two objects. It fixes the amount and condition of the goods received, and for which the shipmaster is responsible [Affreightment], and conveys a title to demand delivery. It may, like a bill of exchange, be negotiated by simple indor- sation and delivery, which will carry a right to the goods. No intimation to the shipmaster is necessary, he being bound to deliver to the holder. Notwithstanding the delivery of the negotiable instrument, the goods are still liable to be stopped in transitu, as in the hands of a middleman before they reach the consignee. BIL 86 BIR [Stopping in transitu.] If the bill has been indorsed for value by the consignee, or his authorized agent, the property is passed, and the right to stop ceases. The right to stop is not barred by delivery or the bill unindorsed to a third party, nor by indorsation without value, or with knowledge on the part of the indorsee that the goods will not be paid for by the indorser, and that the transaction is fraudulent, nor where the indorsee has received notice of the consignee's insolvency. The in- dorsee however is not held bound to inquire into the ability of the indorser to pay for the goods, and to secure him it is not necessary that he should take the bill without notice that the goods have not been paid for ; it is sufficient if he have not received " notice of such circumstances as rendered the bill of lading not fairly and honour- ably assignable" (Cumming v. Brown, 9 East, 516. See Salomons v. Nissen, 2 T. R. 674). Partial value will give an onerous right to a corresponding extent, and to that extent bar stoppage. Where the indorsee undertook to make advances which he failed to make, it was held that a claim on previous advances was no bar to the right to stop (Newsom v. Thornton, 6 East, 17) ; but " where the consignee, before his insolvency, and before the goods had arrived, has indorsed the bill of lading to a third party as a security for advances, the equitable right of the unpaid vendor to stop the goods (although he has no strictly legal right to resume posses- sion even after the claim is satisfied) continues, subject only to the amount of such claim ; and, if the indorsee holds in his hands any other property belonging to the insolvent, the unpaid vendor has an equity to compel him to resort to it in the first place." {Morton on Vendors and Purchasers, 196, 197. Holt on Shipping, 359-378. Smith's Mercantile L. 243-246. Bell's Com. i. 198, 219.) BILL OF PARCELS is an account of goods sold given by the seller to the purchaser. It usually contains the description, quantity, price, and amount of each article ; with a statement of the place, date, and terms of credit. BILL OF SIGHT, a form of entry at the custom-house, by which goods, re- specting which the importer is not possessed of full information, may be provision- ally landed for examination. The bill must contain " the best description that can be given," and a perfect entry is required to be made within three days. [Cus- toms.] BILL OF STORE, a form of writing by which certain kinds of goods may be entered at the custom-house for reimportation ; also a custom-house license per- mitting the provisions and stores necessary for a ship's voyage to be shipped duty free and without entry: this last is sometimes termed a Victualling Bill. [Customs.] BILLINGSGATE. [Markets.] BILLON, in coinage, a base alloy of gold or silver (generally the latter) in which copper is predominant. The word is derived from the French, but its origin is doubtful. In Spain billon money is called moneda de vellon. BIRCH (Belula alba), a graceful forest tree, common in the cold parts of Eu- rope. It is valuable for poor elevated soils, and on wet or springy land ; but is seldom planted on favoured soils, as its timber is not durable, and in little esteem. It is chiefly used for underwood, and by the turner and wheelwright. In Scotland it is much employed for undressed palings ; and sometimes cut into staves for her- ring barrels. It affords good charcoal. The bark yields a yellow dye for wool, and also the oil used in making Russia leather. The black birch of America (B. lento), imported into this country, is a compact handsome wood ; but it soon decays. It is used for forming the slides of dining-tables, and similar purposes. BIRD-LIME, an adhesive, tenacious, vegetable product, obtained principally from the inner bark of the holly by bruising, long boiling in water, and fermenta- tion; the mass being again boiled in water and evaporated to a proper consistence. This kind is of a greenish colour, odour resembling that of linseed oil, and having a bitter taste. Bird lime is also procured from the berries of the mistletoe, and other plants. In commerce it generally occurs in an impure state. BIRD NESTS (EDIBLE), in oriental commerce, a celebrated luxury of the table, highly esteemed by the Chinese. They are the nests of a species of swallow Ulirundo esculenta) common in the Eastern or Malayan Islands, from whence immense quantities are exported into China. The nest when pure is of a cream- white colour, semitranslucent, and in shape and size like a quarter of an orange. It is muco-albuminous, and in soup possesses little or no taste,— at least to the Eu- ropean palate. In the preparation of this dish by the Chinese, however, such a number of fine stimulants are generally added, that of right it occupies the first rank amongst relishes at their tables. These nests are said by Meyen (Quarterly Review, vol. liii. p. 333) to be formed of the sea-weed, Spheerococcus carlilagineus var. setaceus aq. The swallow eats the fresh weeds, and permits them to soften for BIR 87 BIR some time in its stomach, after which it throws up the mass now converted into a jelly, and sticks it together to form the nest. The nests are brought in their raw state to China, where they are cleaned in immense warehouses built for the purpose, and then exposed to sale. They are accounted in that country highly restorative. The quantity of edible birds' nests annually exported from Java to China is estimated at no less thati 200 peculs ; of which by far the largest proportion is the produce of the Javan rocks and hills. The price which those nests of the best quality have of late years brought in the Canton and Amoy markets has been 40 Spanish dollars per catty. They are usually classed into first, second, and third sorts, differing in price from 40 to 15 Spanish dollars, and even 10 and less for the most ordinary. In the Malayan islands in general but little care is taken of the rocks and caverns which produce this dainty, and the nests procured are neither so numerous nor so good as they otherwise would be. In Java, where perhaps the birds are fewer, and the nests in general less' fine than those to be met with in some of the more eastern islands, both the quantity and the quality have been considerably improved by European management. The caverns which the birds are found to frequent are cleansed by smoking and the burning of sulphur, and the destruction of all the old nests. The birds are then left undisturbed to form their nests, and the gathering takes place as soon as it is calculated that the young are fledged. If they are allowed to remain until the eggs are again laid in them, they lose their pure colour and transparency, and are no longer of what are termed the first sort. Much of their excellence and peculiar properties, however, depend on the situation of the place in which they are formed, and the nature of the different sub- stances to which they are fixed. The best are procured in the deepest caverns (the favourite retreat of the birds), where a nitrous dampness continually prevails, and where, being formed against the sides of the cavern, they imbibe a nitrous taste, without which they are little esteemed by the Chinese. (Ruschenberger's Voyages.) BIRDS OF PARADISE, a genus of birds (Paradisea) remarkable for the ex- treme elegance and richness of their feathers. There are various species, but per- haps the most elegant is that which is best known and oftenest seen — the great emerald {P. apoda). The beauty of the male of this species exceeds all description ; and even the most magnificent drawings cannot represent the vivid and chang- ing tints of the originals. The feather of these birds is much sought after to decorate the turbans of oriental chiefs, and in this and other countries is employed for the same purposes as the feathers of the ostrich. In dimensions the various species differ considerably. The bodies of most are not larger than that of a thrush, although the thickness of their plumage makes them appear the size of a large gigeon. They are found only in the Papuan islands, from whence they are carried y the natives to the Dutch settlements in the Spice islands ; and are imported into Europe almost wholly from Batavia, the number of which it receives annually is stated by Dr Ruschenberger at 1500, valued at 10,000 florins. The natives of New Guinea entrap the birds, or shoot them with blunt arrows ; and they pre- pare the skins with considerable nicety, having removed the true wings, which are not so brilliant as the other feathers, and cut off the legs. The absence of feet in all the birds of paradise brought to Europe gave rise to the fable that they had no power of alighting, and were always on the wing. Their migratory habits may probably also have given some colour to this tale. At the nutmeg season they arrive in flights in the East Indian Islands, where, according to popular belief, the strength of this spice so intoxicates them that they fall dead drunk to the earth. " Those golden birds that, in the spice time, drop About the gardens, drunk with that sweet food Whose scent hath lur'd them o'er the summer flood." — Moore. BIRMA, AVA, or BIRMAN EMPIRE, is situated on the western part of the Eastern Peninsula of India, betwixt 15° and 28° N. lat. It is bounded N. by Assam and the adjacent states ; E. by Siam, and the Shan nations ; S. by Siam, the sea, and the British district of Martaban ; and W. by the sea and the British possessions of Aracan and Bengal. The area is estimated at nearly 200,000 square miles, and population at 4,000,000. The capital is Ava, in 21° 50' N. 95° 50 7 E. ; pop. 50,000. The government is a despotic monarchy ; but the sove- reign, called Boa, has two councils, a public and a private one, through which his edicts are issued. The two great divisions of the empire, Ava and Pegu, are throughout intersected by the river Irrawady, which, rising in the chain of the Himalaya, flows through several mouths into the gulf of Martaban. Ava occupies the upper or northern district of the Irrawady; and Pegu, in the lower or southern district, is a sort of delta entirely traversed by the alluvial branches of this river. Beyon 1 the banks of the Irrawady, little is known respecting the interior. In the northern part of Ava, the country is mountainous and irregular, and the valleys generally narrow, but near Amarapoura, the country opens up ; and the portion betwixt that city and the mouth of the Kyan Duayn, is the most fertile and populous part of the empire, containing Ava and several other considerable towns. Below Ava the Irrawady is a majestic river, and betwixt 18^ N. lat. and the sea, it throws off a great number of branches of various magnitudes, watering an immense dis- trict, and affording an internal navigation scarcely equalled in any country. Gold, silver, copper, tin, iron, lead, and antimony are found in Birma, chiefly in the mountainous districts on the N. E. ; but the metallic riches of the country are much neglected ; coal, amber, nitre, salt, and BIS 88 BIT limestone also exist abundantly in various places ; the most remarkablo mineral product, however, is petroleum, or mineral oil, an enormous quantity of which is produced from wells near Prome, and used throughout the provinces, yielding a large revenue to government. The principal vegetable productions, in a commercial point of view, are catechu and teak ; the latter, though generally diffused throughout the country, is mostly obtained from the forest of Sarawadi, betwixt the high and low lands. The chief objects of cultivation are rice, maize, millet, wheat, various pulses, palms, sugar-cane, tobacco, cotton, and indigo. Tea is grown near Ama- rapoura, but its leaf is coarse, and is seldom used but as a pickle. The seasons of Birina have a general resemblance to those of Bengal. The internal commerce of the empire is considerable, being greatly facilitated by the Irrawady, and its tributaries : the foreign is nearly limited to a caravan trade with the Chinese, and the maritime trade at Rangoon. The intercourse with the Chinese takes place at annual fairs at Bhanmo and Medi, near Ava ; and the commodities supplied by them consist chiefly of raw silk, copper, orpiment, quicksilver, vermilion, iron pans, brass ware, tin, lead, alum, silver, gold and gold leaf, earthenware, paints, carpets, rhubarb, tea, honey, velvets, spirits, musk, verdigris, dry fruits, paper, fans, umbrellas, wearing apparel. The principal exports are raw cotton, with ornamental feathers, edible birds' nests, ivory, horns, and a small quantity of British woollens. The total amount of this trade, including imports and exports, is from £400,000 to £700,000. Rangoon stands in 16° 47' N. lat., 96° 15' E. long, on the northern bankof abranch of the Irrawady, about 28 miles from the sea; pop. 2<).Ouo. The climate, as in Calcutta, is divided into the cold, hot, and rainy seasons. In November, Fahrenheit varies from 60° to 86°, and in March and April from 72° to 101°. The town is accessible to very large vessels. A bar on the river has only about 2 fathoms at low water, but the rise and fall of the tide is frequently 21 feet. Rangoon having long been the asylum of bankrupts from different parts of India, is crowded with foreigners of des- perate fortune, and the exchange exhibits a motley assemblage, such as few towns can present. The river is commodious for the building and repairing of ships, and vessels of from 600 to 900 tons are built here of excellent workmanship. The principal trade is carried on with Calcutta, Chittagong, and Dacca. The chief article of export is teak timber, besides which there are quan- tities of cotton of a superior quality, formerly used in the manufacture of Dacca muslins, gold and silver, catechu, stick-lac, ivory, glue, &c. The imports consist of British cotton manufac- tures, areca and cocoa nuts, tobacco, wrought and unwrought iron, copper, lead, quicksilver, bo- rax, nitre, arms and ammunition, opium, sugar, arrack, rum, British earthenware, glass, &c. The duty on exports at Rangoon is 5 per cent. ; on Imports, 12J per cent. Money is reckoned decimally as in China. No coin is minted. The circulating medium is chiefly composed of gold and silver bullion, which is estimated by the tical or kiat = 251 troy grains, and worth in silver, which is the standard, about 2s. 8d. sterling. Pieces of lead are used in small payments. The quantity of alloy in the precious metals varies considerably, and great waste is occasioned by frequent assaying. Measures and Weights— The taong or cubit = 19-10 Imp. inches ; thetaingor league of 1000 tas or bamboos, or 7000 taongs, = 2 British miles 193 yds. The ten or basket of rice of 4 saits or 64 sales = 16 vis, or 57*36 lbs. avoird., but is com- monly reckoned at £ cwt. Grain, pulse, fruit, salt, and lime, are bought and sold by measure ; most other commodities by weight. 1 paiktha or vis of 100 kiats = 359 lbs. avoird., but is com- monly reckoned at 34 lbs. ; and the candy of 150 vis at 500 lbs. avoird. Commerce with the British was regulated by a treaty in 1826 with Birmah up to 1851-2, "When differences arose which ended in the British obtaining possession of Pegu. BISCUIT (Dan. Skibstvebak. Du. Scheepsbeschuit. Ft. Biscuit. Ger. Ziveibach. It. Biscotto Galetta. Por. Biscoito. Rus. Bort, Ssucher. Sp. Bizcocho Galletd), a kind of bread chiefly used by seamen, which is baked in the form of flat cakes in order to insure their being deprived of moisture, and so preserved from becoming mouldy during the continuance of long voyages. BISMUTH (Fr. Bismuth. Ger. Wismuth), a brittle reddish-white metal ; texture foliated ; in hardness is between copper and lead ; sp. gr. 9*83 ; sensible odour and taste ; fusible at 460°. It is scarcely malleable, breaks under the ham- mer, and cannot be drawn into wire. Bismuth is a very rare metal. It is occa- sionally found native, but is usually obtained in a combined state in Cornwall, Bohemia, Saxony, and Sweden. As met with in commerce it is impure ? gene- rally containing iron and arsenic, and probably some other metals. It is used for communicating fusibility to other metals, as in forming solders ; also in making some kinds of pewter. In the arts it is often called tin glass. A white powder called magistery of bismuth or pearl white is obtained from the nitrate of bismuth, and used in medicine as a tonic. (Brande, Fyfe, fyc.) BIT, a West Indian silver money, worth about 5d. : it is properly the Spanish real of provincial plate (= 2 reals vellon). The term is likewise applied to the small circular piece frequently cut out of the centre of the hard dollar. BITUMEN, or Mineral Pitch, a combustible substance, of which there are se- veral kinds. Elastic Bitumen is of various shades of brown, and has a highly bituminous odour. Hitherto it has only been found in the Odin Mine near Castle- ton, in Derbyshire. Compact Bitumen is of a brownish black colour ; one variety called maltha, may be impressed by the nail ; another called Asphaltum is very hard and brittle. The softer variety has not been put to any use, but the harder is used for a great many purposes. The mineral oils, Naphtha and Petroleum, are also sometimes included under BLA 89 BLU the head of bitumen. These substances are found in the earth, or issue from its sur- face ; but though commonly stated as minerals, they are all of vegetable origin. (Phillips' Geology and Mineralogy.) BLACKING, a factitious shoe-black, in general composed chiefly of ivory black and beer. BLACKLEAD. [Plumbago.] BLACK-WOOD, a term generally applied to the timber of different species of Diospyrus which grow in various parts of the East Indies. The best is the black-wood or ebony of the Mauritius. The logs are of various sizes ; but those about 6 inches in diameter, long, and straight, are preferred. They are to be chosen free from bark and white wood, without cracks, not worm-eaten or decayed. This wood is used for turning, inlaying, and other purposes. The black-wood of Van Diemen's Land is the timber of the Acacia melanoxylon. S BLANKETS, a soft loosely-woven woollen stuff, commonly used for bed cover- ing, form a considerable branch of the British woollen manufacture. The best are made from unmixed British wool. Localities of the manufacture, Dewsbury, Witney, Dalverton, and Glamorganshire, and on a small scale at Hawick in Scotland, and Kilkenny in Ireland. This trade has experienced a great in- crease of late years. The quantity exported in 1820 amounted to 1,288,409 yards ; but in 1839, it had risen to 3,148,846 yards: of which 1,951,743 yards were sent to the United States, 364,351 yards to British America, and 339,968 yards to Australia. S BLEACHING POWDER. [Chloride of Lime.] BLENDE, a native sulphuret of zinc. [Zinc] BLOCKADE, in the law of nations, takes place when a fort, city, or other place belonging to one of two belligerent powers, is watched by the troops or ships of another, for the purpose of preventing the ingress or egress of people or effects, and especially with the view of starving the garrison into submission. Commercial questions arise principally from blockades to seaward, and they generally come either in the form of cases before the admiralty courts, for the condemnation of neutral vessels which have infringed the blockade, or in insurance questions where a breach of warranty of neutrality is alleged. [Insurance.] The opera- tions of France and England during the late war brought forward several very serious questions about the effect of declarations of blockade. Between the Ber- lin decrees on the one hand, and the Orders in Council on the other, two powers declared Europe and America to be in a state of blockade as respects the one or the other, and had the principles been carried to their full extent against all breaches of these proclamations, the seas would have been converted into one general arena of piracy and rapiue. It has been held, however, that to be acknow- ledged in a law court/a blockade must be an actual and effectual one. " In the very notion of a complete blockade," says Lord Stowell, " it is included, that the besieging force can apply its power to every point in the blockaded state. If it cannot, it is no blockade of that quarter where its power cannot be brought to bear : and where such a partial blockade is undertaken, it must be presumed that this is no more than what was foreseen by the blockading state, which nevertheless thought proper to impose it to the extent to which it was practicable" (4 Robin- son's Reports, 66, 67). The circumstance, however, that from the state of the wind, or the warlike operations of the besieged, a neutral ship has been able to pass the blockade, will not affect its legality ; indeed were it not that there are always chances in favour of evasion, there would be few discussions as to the extent of blockades. On the part of this country, a blockade is proclaimed by an Order in Council. It is believed, that in distant regions, a commander of a ship of war has power to extend such a blockade, but certainly not within the limits of Europe. Neutral merchants cannot be bound to observe one of which their governments have not received official notice. {Chilly's Law of Nations, 128-147. Marshall on Insurance, 74, 75.) BLONDE, a species of Lace. There are both black and white blondes, which again are either real or in imitation. The best of the former are imported from France, being extensively manufactured at Alencon in Normandy. BLOOD-STONE is a species of calcedony coloured by chlorite, with numerous bright red spots like drops of blood ; it is called also heliotrope and oriental jasper. It is found in India, Siberia, Iceland, Isle of Rum, though the best comes from India. It is in request by the Chinese as an ornament to their girdle-clasps. BLUBBER is the fat substance (Adeps) found immediately under the skin, and over the muscular layers of whales and other large sea animals, and of which train- BOA 90 BOL oil is made. # In the whale, it invests the hody about six inches thick ; but near the under lip it is found two or three feet thick. BOARD, in carpentry, means timber sawed to a less thickness than nine inches ; all above that thickness are called planks. BOARD (Fr. Bureau), a term used to designate, in their collective capacity, certain persons to whom is intrusted the management of some department, office, or joint-stock association. Thus the lords of the treasury, the commissioners of customs, and the persons chosen from among the proprietors to manage the opera- tions of a bank, are, when met together for the transaction of the business of their respective offices, styled the Board of Treasury, the Board of Customs, the Board of Directors. See Board op Trade, s BOAT, a small uncovered vessel, commonly moved by rowing. The owner of every vessel shall paint, or cause to be painted, upon the outside of the stern of every boat belonging to such vessel, the name of the vessel, and the port or place to which she belongs, and the master's name withinside the transum, in white or yellow roman letters, not lest than two inches in length, on a bloxk ground, on pain of the forfeiture of such boat not so marked, wherever the same shall be found. And the owner of every boat not belonging to any vessel, shall paint, or cause to be painted upon the stern of such boat, in white or yellow roman letters of two inches in length, on a black ground, the name of the owner or owners of the boat, and the port or place to which she belongs, on pain of forfeiture (3 & 4 Wm. IV. c. 53, §§ 8, 10, 11, 12). Every pilot-boat or vessel, or other boat or vessel in the service of any corporation or so- ciety established by law in relation to pilotage, or of, or belonging to, any person authorized to act as a pilot by such corporation or society, shall at all times, and on every station, be painted or tarred entirely black, except the name or other description now required by law to be painted on euch boat or vessel (3 & 4 Vict. c. 68, § 2). BOBBIN, a kind of small cord made of linen or cotton. The common bobbins, made of linen, are for progressive sizes known by the dealer as Nos. 5, 7, 9, 11, 13, 15. Scotch bobbins are made of cotton, of the same numbers, and designed to imitate the preceding. They are purchased by the dozen, and are usually con- tained in papers each of two dozens (Perkins on Haberdashery). BOBBIN-NET, a kind of net-work made by machinery, and generally bearing the characteristics of Lace. BOISSEAU, a French corn-measure, equivalent to nearly one- third of an im- perial bushel. BOLE, an earthy mineral, formerly an article of the Materia Medica, but now disused in Europe, except occasionally as a veterinary medicine. It is dull, of various colours, and has a greasy feel. Localities, Armenia, Saxony, Tuscany, Ireland, Skye. Armenian bole is still used in the East. BOLIVIA, or UPPER PERU, a state of S. America, situated between lat. 9° 30' and 25° 40' S., and long. 58° and 71° W. ; boundaries, N. and N. W. the States of North and South Peru, E. Brazil and Paraguay, S. La Plata States and Chili, and W. the Pacific Ocean. Area, 318,000 square miles. Pop. about 1,000,000, more than three-fourths being Indians and mixed races. It is divided into six departments, Chuquisaca, La Paz, Oruro, Potosi, Cochabamba, and Santa Cruz, which again are subdivided into provinces. Capital, Chuquisaca or La Plata, an inland city, pop. 18,000. The government is republican, the executive power being vested in a president for life, with the privilege of naming his successor ; and the legislative functions nominally in three bodies, a senate, tribunes, and censors. The country presents very different conditions of surface, elevation, and climate. It is traversed by the Andes, particularly towards the W., while on the E. it stretches out into plains, which are watered by the Beni, Mamore, and other rivers which unite to form the Madeira, the largest affluent of the Amazon, and the Pilcomayo, one of the chief branches of the Plata. This region is fertile, but it is nearly covered with vast primeval forests. In the plains, the climate is hot and unhealthy, except in the elevated valley of the Desaguadero, where it is temperate, especially during the winter season, from May to November. Earthquakes are common on the coast. The mineral productions are gold, principally found on the E. declivity of the E. Cordillera of the Andes, and in the sands of the rivers which fall from that range ; silver from the mines of Potosi, which, however, are now much less productive than formerly. In the year 1837, the number of marcs of silver coined at the mint of Potosi was 243,538, value £414,015 sterling ; in the same year, the number of marcs of gold coined was 1367, value £39,506 (Board of Trade Tables, v. vii. p. 335). Besides the precious metals, copper is procured at Corucuero, and other places; there are also lead, tin, salt, brimstone, and nitre. Of vegetable products, the chief is timber ; the cocoa of Apollobamba and Moxas is celebrated ; the sugar cane and tropical fruits flourish in profusion on the banks of the Beni ; and the E. of the Andes abounds in cascarilla, indigo, cotton, rice, coffee, tobacco, canes, cinchona, copaiba, sarsaparilla, gum-elastic, vanilla, and other valuable drugs and dye-woods. The manufactures principally consist of cottons and glass made at Oropesa ; woollens at La Paz ; and hats at St Francisco de Atacama. The commerce is inconsiderable, owing chiefly to the difficulties which have to be encounter- ed in bringing the produce to market. The people have not yet learned to avail themselves of the navigable affluents of the Amazon and La Plata, by means of which an intercourse might bo opened with the ports on the E. coast of S. America ; and at present the trade with Europe takeg BOL 91 BOL place wholly through the ports of the Pacific, which cannot be reached except by toilsome passage*. The country to Cobija, the only Bolivian port, is traversed by only one road, that from Oruro, and that is practicable only for mules and llamas. Cobija, though a free port, is therefore but little frequented; the Bolivians preferring to obtain their foreign imports through Arica and Tacna, ports of Lower Peru, notwithstanding a transit duty of 3 per cent, being there imposed upon them. These imports chiefly consist of hardware and a few articles of finery. The exports, from the causes already assigned, are nearly altogether confined to portable commodities, such as the precious metals, woollens, and hats. Measures and Weights same as in Spatv. I of 8 dwts., about 26 per cent, less than the Money is reckoned in dollars, each divided into national standard ; and although the issue of this 8 rials. The Bolivian national or hard dollar, I small and base coin is nominally restricted to when of full weight, is worth nearly 4s. 3d., being ' $200,000, this regulation is not always adhered minted at the rate of 8$ from the Castilian marc to ; thus in 1835 its issue amounted to* $509,000 ; (= 3550J troy grains), of silver, 65-72ds. fine, or in 1836 to $303,186 ; and in 1837 to $301,563. of the standard of 10 dwts. and 20 grains pure, \ The Public Revenue was in 1832 $1,700,719; out of 12 dwts. But since the year 1830, all the the expenditure in the same year is said to have silver coins issued from the mint of Potosi, with been $1,586,026. the exception of dollars, have been of the standard The territory of Upper Peru was detached from the Spanish viceroyalty of Peru in 1778, and annexed to that of Buenos Ayres. It was delivered from the Spanish yoke by the victory of Ayacucho in 1824 ; and, in 1825, a congress assembled from the different provinces, declared it an independent republic, under the name of Bolivia, in honour of General Bolivar, by whom the country was liberated, and its constitution framed. [Peru.] S BOLL, a measure for corn in Scotland prior to the introduction of the Imperial system. It was divided into 4 firlots, 16 pecks, or 64 lippies or forpits ; and 16 bolls made 1 chalder. In each county, however, the barley -boll (used also for oats and malt) differed commonly from the wheat-boll (used also for pease, beans, rye, and salt). The Linlithgow or Scottish standard barley-boll = 0728140 imperial quarter, and the Linlithgow wheat-boll = 0*499128 imperial quarter. To convert Linlithgow wheat-bolls into imperial quarters, multiply the former by the fraction 0"499128; or, approximately, substitute for the wheat-boll, firlot, peck, and lippy, the imperial half-quarter, bushel, peck, and half-gallon respectively; or, more nearly, multiply the number of bolls by 2000, and divide the product by 4007. To convert prices per Linlithgow wheat-boll into prices per imperial quarter, multiply the for- mer by 2-003494; or, approximately, take the double of the prices per wheat-boll; or, more nearly, add to the price per wheat-boll a halfpenny for every pound, and then double the result. To convert Linlithgow barley-bolls into imperial quarters, multiply theformer by 0*728140 ; or, ap- proximately (as 33 barley-bollsequal 24 imperial quarters nearly ) , deduct ^yths from the barley-boll. To convert prices per Linlithgow barley-boll into prices per imperial quarter, multiply the for- mer by 1-373363 ; or, approximately, add 4id. per shilling to the price per barley-boll ; or, more nearly, add to the price per barley-boll its fourth part, together with the half of the fourth part. On the other hand, to convert imperial quarters into Linlithgow wheat-bolls, multiply the for- mer by 4007, and divide the product by 2000 ; and to reduce the price per imperial quarter to the price per wheat-boll, take a halfpenny per pound from the former, and then halve the result. To convert imperial quarters into Linlithgow barley-bolls, multiply the former by 1-373363 ; or, approximately, multiply the imperial quarter by 11, and divide the product by 8 ; and to reduce the price per imperial quarter to the price per barley-boll, multiply the former by 0728140 ; or, in- crease the price per imperial quarter a farthing for every pound ; from the result take ^th part, and then from the remainder take |th part. The Linlithgow measures were in use only in the counties of Linlithgow, Edinburgh, Dumfries, Haddington, Lanark, Peebles, Perth, and Wigtown. In the other counties the measures differed generally, both from the Linlithgow, and from each other. The following Table shows the relative proportion of these local measures to imperial, as fixed by the verdicts of juries in the different counties, in terms of the act 5 Geo. IV. c. 74, § 18 : — Table showing the number of Bushels, Pecks, and Gallons, Imperial Measure, equivalent to one Boll of the Old Scottish local Measures. Bar. Oats, ie. Wheat, k c. Aberdeen Argyll, Inverary Achnabreck Cantire Ayr Banff. Berwick. Bute Caithness Clackmannan Dumbarton Elgin and Morav Fife ! Forfar, Dundee other places Inverness Kincardine, North part P. PV. Galls.' 6 1 1-544 6 1 0-411 6 2 0-426 7 3 1-0141 7 3 0-045 6 1 0256 5 3 0-667 7 3 0759 6 1 0-566, 6 1-418| 6 1 1019 6 1-006 5 3 0-957 ; 5 3 1-353 6 0-1041 6 0-917 6 1 1544 B. Pk. Galls. 4 3 1-416 3 3 1-022 4 1 0-551 3 3 1111 3 3 1-379 3 3 1-943 4 1-691 4 0*188 4 0-320 4 1-072 4 0-484 3 3 1-944 Bar. Oats, tee. Wheat, &c. Kincardine, South part Kinross Kirkcudbright bet. Orr and Fleet. West of Fleet East of Orr. Linlithgotc »— 153X::::: Renfrew Ross and Cromarty . Roxburgh Teviotdale Selkirk Stirling Sutherland B. Pk. Galls. 6 0-104 5 3 0-565 10 2 1-311 11 2 1-067 9 2 1-556 5 3 0-601 6 1-097 7 2 1-371 6 1 0-445 5 3 1-735 6 0-442 7 2 0-552 7 1 1274 6 1-181 6 0-102 B. Pk. Galls 4 1-072 3 3 1-919 3 3 1-944 [•4 2 0-823 3 3 1944 3 3 1-699 6 0-442 5 1*508 4 3 0765 3 3 1-919 3 3 1944 BOM 92 BON The standard Scottish meal-boll contained 8 Dutch or Lanark stones, equal 139135 lbs. avoir- dupois, but usually reckoned 140 lbs., in consequence of the Lanark stone being estimated at 174 lbs. avoirdupois. In the flour measure at present in use a boll is reckoned equal to 140 lbs. avoirdupois : this boll is divided into 10 stones or pecks, and 2 flour bolls equal 1 sack. [Bushel. Measures and Weights.] BOMBAY. [East Indies.] BOMBAZINE, a twilled fabric, having its warp of silk, and its shoot or weft of worsted. The worsted is thrown on the right side which has a twill upon it. It was formerly made entirely for mourning garments, but it is now manufactured of various colours. Bombazines are all woven with silk of the natural colour and dyed afterwards. The pieces are generally sixty yards long ; the width is intended for | yard, but seldom measures more than half a yard, oftener under than over. They are almost wholly made at Norwich, where the manufacture was introduced by Flemish artisans, who fled from the persecutions of the Duke of Alva. [Silk Manufacture.] BOND. A description of obligation which assumes a variety of forms, and is connected with many of the contracts separately considered in this work. A simple bond is an obligation to pay money, generally with interest, at a certain time, or under certain circumstances. In England, " a bond, or obligation," is defined as " a deed whereby the obligor [or person bound] obliges himself, his heirs, executors, and administrators, to pay a certain sum of money to another [the obligee] at a day appointed" (Black- stone's Com. ii. 339). A bond must be under seal, and thus constitutes a higher obligation than a simple contract. An obligation by bond extinguishes a simple contract debt, but the bond of a surety will not extinguish the debt of the principal (White v. Cyler, 6 T. R. 176). A bond being a chose in action [Chose in Action], cannot be assigned so as to enable the assignee to pursue on it in his own name ; but by modern practice the assignee sues in name of the obligee, a power to that effect being inserted in the assignment. It is usual to grant bond to pay a certain sum, provided a certain act is not performed ; or, more properly speaking, to grant an obligation which shall be void if a particular act be performed. It is thus not illegal by the usury laws to take a bond for a larger sum than the principal and legal interest of a debt, if the debt be not paid by a day certain. " Where a penalty is inserted merely to secure the enjoyment of a collateral object, the enjoyment of the object is considered in equity as the principal intent of the deed, and the pen- alty is only accessional, and only operates to secure the damage really incurred, until the actual damage sustained shall be ascertained by an issue {.Bacon' 's Ab., Obligations, A.). By 4 & 5 Anne, c. 16, §12, "where an action of debt is brought upon any bond which hath a condition or defeasance to make void the same upon pay- ment of a less sum at a day or place certain; if the obligor, his heirs, executors, or administrators, have, before the action brought, paid to the obligee, his executors, or administrators, the principal and interest due by the defeasance or condition of such bond, though such payment was not strictly made according to the condition or defeasance, yet it shall and may nevertheless be pleaded in bar of such action, and shall be as effectual a bar thereof as if the money had been paid at the day and place according to the condition or defeasance, and had been so pleaded ;" and by § 13 of the same statute, if, during the dependence of an action on a bond with pen- alty, the defendant tender in court the principal sum, with interest and costs, he shall be discharged. Though the claim of the obligee is adjusted to a fair demand of prin- msistmg original agreement, the' performance of which is to relieve ttie obligor from the penalty in the bond. A bond requires no particular form, provided it distinctly set forth an obligation to pay money, and be sealed and delivered. By 13 & 14 Vict. c. 97, " a bond in England, and a personal bond in Scotland, given as a security for any definite and certain sum of money," is liable to an ad valorem stamp, commencing \rith Is 3d, where the sum does not exceed £50. The same scale of duties applies where the bond is " given as a security for the repayment of any sum or sums of money to be thereafter lent, advanced, or paid, or which may become due upon my account, together with any sum already advanced or due, or without, as the case may be." For every £100 above £300, 2s 6d. One advantage of a bond is, it binds not only the obligor but his heirs in specialty, so that the holder's claim it binds not only the obligor but his heirs in specialty, so that the holder's claim BON 93 BOO has precedence of those who are creditors hy simple contract, over the assets, real and personal, of the deceased. By 3 & 4 Wm. IV. c. 104, however, which first made real property assets for simple contract debts, the debtor must have ex- pressly bound himself " and his heirs" to give a preference over the real estate. A court of equity will order voluntary bonds, or other special contracts, without consideration, to be postponed to genuine debts, though merely " simple contract" debts (3 P. Wins. 222). By the statute of limitations, simple contract debts are barred by the expiry of six years from the time of their origin. By 3 & 4 Wm. IV. c. 42, § 3, action may be brought on a bond at any time within twenty years from its falling due. Bonds, though granted simply for payment of money, if made in furtherance of any illegal or immoral contract, may be barred by pleading the nature of the transaction (Blackstone's Com. ii. 339-341. Bacon's Abridgment, Ob- ligations). In Scotland, the bond is of two kinds, moveable and heritable. The former resembles the English bond, and is employed for an equally great variety of pur- poses, — among others, for that of accomplishing cash-credits with banks [Cash- Credit]. Sureties or cautionries, out of the course of mercantile transaction?, and requiring much formality, are generally accomplished by bonds of cautionry. In Scotland it is not the practice to seal deeds. A bond is executed for all prac- tical purposes, and proves itself until reduced or disproved, if signed in presence of two male witnesses, who sign with the obligants, and whose names and desig- nations are recorded in the body of the deed, along with that of the writer, and the day and place of executing. It is usual to insert a clause of registration, by which the bond may be summarily enforced without the intervention of a court of law [Registration, Clause of] ; but to admit of this recourse, the obligation must be so precise and certain, that it may at once be enforced without farther inquiry, and so nothing must be left to future ascertainment, though there is an exception in the case of cash-credits, the sum for which execution proceeds in their case being fixed by reference to an account extracted from the bank books. [Cash-Credit.] Heritable bonds are bonds on real property, and bear some resemblance to mort- gages in England. The simple heritable bond is now little used as a security for money, but is generally united with the disposition in security, which being a reversionary transfer of the property itself to the lender, affords greater facility for procuring payment from the estate {Burton's Manual, 543-546). BONDED GOODS. [Warehouse.] BONES. The bones of animals have long been used in turnery and other arts. In this country, however, their chief use is as a manure on light soils, particularly for turnips ; and the facility of their carriage has permitted many distant and hilly districts to be improved at a comparatively small cost. Little difference is ob- served in the kind of bones used ; but those boiled or fermented are generally pre- ferred. Their effect as a manure is said to depend on the phosphate of lime con- tained in them, and in their power of absorbing and retaining moisture. Before being used they are crushed into different sizes called drill bones, medium, and dust ; for which purpose, mills have been erected in many parts of the country. Bone manure was first introduced in 1800, but it was not extensively used until within the last ten years. The increasing demand for this material has led to its importation from foreign, and even distant countries ; of late, considerable diffi- culty has been experienced in meeting the demand. The price in 1840 was, bone dust medium 22s. to 23s., and drill about 21s. per imperial quarter. These high prices have led to a system of adulteration which is very generally practised in mixing this manure with saw-dust, slaked lime, and numerous other ingredients. S BONUS (Lat.), good, a term commonly used to express an extra dividend or allowance to the shareholders of a joint-stock company, out of its accumulated profits. BOOK, a name applicable in a general sense to almost every literary composi- tion, but usually confined to such compositions as are large enough to form a volume. Printed volumes are distinguished according to the number of leaves produced from one sheet of paper. Folio is the largest size, of which 2 leaves or 4 pages make a sheet ; Quarto or 4to, 4 leaves or 8 pages ; Octavo or 8vo, 8 leaves or 16 pages ; Duodecimo or 12mo, 12 leaves or 24 pages ; Octodecimo or 18mo, 18 leaves or 36 pages, and so on. These again differ according to the size and form of the sheet. Thus there are royal, demy, post, and crown octavos ; and the same with the others. The modern book -trade dates from the discovery of the art of printing with moveable types by John Gutenberg of Mayence, in 1441. In 1471, the art was BOO 94 BOO brought to London by William Caxton, a mercer, and from that time until 1600, the activity of the press was considerable ; the works chiefly issued being Bibles and works on divinity, translations of the classics, versions of French and Italian romances, and old chronicles. Few, however, but " clerks and noble gentlemen " could then use these works, as their expense and the imperfect state of education placed them beyond the reach of the people in general. In 1505, 20 pence, a sum then equal to a labourer's weekly wages, were paid for a " Primer " and a " Psalter ;" and in 1516, " Fitzherbert's Abridgment," a folio law-book, was sold for 40 shillings, a sum which at that time would have bought 3 oxen. The edition of a book, during this period, averaged about 200 copies. The stormy period from 1600 to the revolution m 1688, was, although the age of Shakspeare, Bacon, and Milton, upon the whole less favourable to the diffusion of knowledge ; and the number of books issued, unconnected with religious or political controversy, was very small. Only two editions, or about 1000 copies, of Shakspeare, were printed betwixt 1623 and 1664. From 1666 to 1680, the works printed were, 947 divinity, 420 law, 153 physic, 397 schoolbooks, and 253 geography, including maps, or in all, only 3550, of which, about one-half were single sermons and tracts, and a con- siderable proportion reprints. The period from 1688 to the accession of George III. in 1760, was much more celebrated. Newspapers were established on a regular footing, both in London and the provinces : in 1731, appeared the " Gentleman's Magazine," the first of that class of periodicals produced in England, and in 1749, the first review, " The Monthly ;" and other similar works soon followed. Pub- lishers attained higher influence in society, and the trade of books went much more than formerly into regular commercial channels. The number of new ones Erinted during this period was, however, not large, as the publishers appear to ave aimed less at novelty than at selling large impressions of a few standard works. Betwixt 1700 and 1756, excluding pamphlets and tracts, only 5280 new books appeared ; or, on an average, 93 annually. The period from 1760 to 1800 is dis- tinguished less for originality than for the increased diffusion of literature. Perio- dical works were multiplied, and the principle of " number books " was then first developed. Of the latter, one of the most successful was Smollett's History of England, which sold to the extent of 20,000 copies. Towards the end of the century, the average number of new books published annually was about 370, exclusive of pamphlets. From 1800 to 1827, the average annual number of new books, exclu- sive of pamphlets, was about 588; showing a very considerable increase relatively to the preceding period. Notwithstanding this increase, little had been done for many years in economizing the mode of conveying knowledge ; indeed, as compared with the preceding centuries, the price of books had advanced, and the reading portion of the middle classes had little or no opportunity of gratifying their taste, except through the medium of circulating libraries, and reading clubs. A larger class of readers, however, had now arisen, for whom a new species of literature was to be provided. With the view of meetingthe wants of this class, " Constable's Miscellany " appeared in 1827 ; soon afterwards, the Society for the Diffusion of Useful Know- ledge was instituted, for the purpose of conveying sterling information in a cheap form, and a number of enterprising publishers subsequently entered upon the same field ; the attention of all being likewise directed to the issue of cheap editions of the great writers. The success which in general attended these operations has gradually revolutionized the book trade. The portly folios and quartos of former times have given place to octavos and duodecimos ; and publishers now find it their interest, in bringing out works even for the wealthiest, to place them at the same time within reach of the generality of the middle class ; reimbursing themselves for the lower price charged by the larger impression sold. This change has been effected without producing, as many anticipated, any diminution of new works. On the contrary, there has been a considerable increase ; and the truth of the ob- servation. " that the more people read, the more they will read," has been confirmed. The number of new works, excluding pamphlets and reprints, was, in 1828, 842 ; in 1829, 1064 ; in 1830, 1142 ; in 1831, 1105 ; in 1832, 1152 ; in 1833, 1.180 ; in 1834, 1220 ; in 1835, 1382 ; and in 1836, 1332 ; the last embracing 1573 volumes. The principal localities of the book trade are London, Edinburgh, Dublin, Ox- ford, Cambridge, and Glasgow. Of these, by far the most extensive is London, which may be regarded as the emporium of the whole kingdom, as the provincial publishers have all agents there, to whom a large proportion of their works are consigned as soon as printed. The capital is in particular distinguished for perio- dical literature, which in point of extent is unparalleled in the world. According to a late statement, the periodicals issued in December 1837 were as follows : — BOO 95 BOO Weekly, religious, 6 ; literary criticism, 2 ; musical criticism, 1 ; medical, 4 ; scien- tific, 2 ; advocacy of particular opinions, 2 ; miscellanies, 18 ; tales, 5 ; attempts at fun,— mostly trash, 7 ; sporting slang, 1 ; total, 48 ; of which, 21 were published at Id., 8 at Ud. ; 7 at 2d., and the rest at higher prices, varying up to 8d. Monthly, including weeklies issued in parts, 236 ; whereof, general literature, 58 ; science, 48 ; religious, 46 ; histories of England, 4 ; works issuing in volumes, 17 ; fine arts, 20 ; fashions, 6 ; the remainder chiefly children's periodicals. Quarterly, 34. The aggregate circulation of the whole is unknown; but the number of periodicals sold on the last day of each month (1837) was stated at 500,000, and their cost, £25,000 ; and the number of parcels despatched in the same day by the London booksellers to the country, 2000. The last would be much greater, were it not that the majority of the Scotch and Irish provincial booksellers transmit their London orders through the medium of their agents in Edinburgh and Dublin. The declared value of printed books exported annually from the United King- dom is nearly £150,000 ; of which about one-half is sent to India and the British colonies, one-fifth to the United States, and the remainder chiefly to France, Ger- many, Holland, and Italy. The amount of duty annually paid on foreign books imported is about £8000. The chief seats of the foreign book trade are Paris, and Leipzig in Saxony, where all the German publishers have agents, and where the trade is likewise faci- litated by two great book-fairs which are held annually, at Easter and Michael- mas. These fairs are frequented not only by all the booksellers of Germany, but by many of those of the neighbouring countries. Books first composed, or written, or printed in the United Kingdom, and printed or reprinted in anj- other country, are prohibited from being imported for sale, except books not reprinted in the United Kingdom within twenty years, or being parts of collections, the greater parts of which had been composed or written abroad (3 & 4 Win. IV., c. 50, § 58). Books first composed, or written, or printed and published in the United Kingdom, and re- printed in any other country or place, may not be entered to be warehoused (Ibid. § 59). The importation for private use of English books reprinted abroad is limited to a single copy for each party, accompanied by his luggage. {Treasury Order, June 29, 1830.) [Copyright.] S BOOK-DEBT, an expression employed to designate an obligation for the price of goods sold and delivered, when it is supported by no better evidence than the books of the seller. An entry made by a tradesman himself is not evidence in his own favour. If his shopman be examined as a witness, however, he may employ the entry as a memorandum to refresh his memory. Entries by a clerk or shop- man are not in all cases evidence, but they may be admitted in certain circum- stances. By a rule not easily to be accounted for, after the person who made the entry is dead, and when it is consequently difficult to get any explanation of the circumstances connected with it, it is better evidence than if he were alive, and capable of being examined on the subject. Mr Phillips, on this subject, says, " the entry in the tradesman's book ought to have been made by the shopman ; or, if not actually written by him, should at least appear to have been observed by him, soon after it was made, so as to enable him to speak to its correctness, and that the entry may be tantamount to one made by the shopman himself. If the shopman is living, he ought to be produced as a witness, that he may explain the circum- stances and dealings on which the entry was founded. When he is examined, he may use the entry as a memorandum ; and the other party charged with the debt will then have an opportunity of examining into its correctness. If the person who made the entry was employed as shopman or clerk, to deliver goods, &c, and he is since dead, an entry made by him will be evidence, under certain restrictions. But proof of the handwriting of the clerk, and that he is gone abroad, and is not likely to return, has been held not to be sufficient to make such an ex parte memo- randum admissible in evidence" {Law of Evidence, 7th edit. 264). A merchant's books will, in the general case, be very effectual evidence against himself. In England, by statute 7 James I., c. 12, it is provided that no tradesman, or handicraftsman, shall be allowed to give his books in evidence of goods delivered or work done by him, after the expiration of a year from the date of the entry, unless he have in the mean time obtained a bill or obligation for the debt, or have brought his action within the year. The act does not apply to transactions be- tween merchant and merchant. It proceeds on the preamble, that tradesmen were in the practice of producing accounts against individuals and their representatives, long after the transactions on which they were founded had been forgotten, and it is understood to have been passed in reference to a general belief, that after the expiry of a year, tradesmen s books became evidence, when they were not so before. In Scotland, by statute 1579, c. 83, all book-debts, or accounts, by tradesmen and EOO 90 BOO others, prescribe in three years. The period runs from the last entry in the ac- count, so that if there be a new entry at any time within three years after an im- mediately previous one, the whole account is saved from prescription till three years after that entry. The prescription does not dissolve the obligation to pay — it merely limits the proof to two descriptions of evidence— a writing by the debtor, and an appeal to his oath. If, in the latter, the debtor admit the constitution of the obligation, he will not be relieved unless he specifically swear to its payment. BOOK-KEEPING is the art of recording financial facts in a lucid and sys- tematic manner. The only method of book-keeping founded upon general princi- ples is the Italian, or, as it is more commonly called, the Double-Entry system, from its being based on the principle, that every transaction in business is virtually a transfer between two accounts, and so must be entered to the debit of the one, and the credit of the other. " Of the efficiency of this system, the trading world in its infinite variety of commerce and concerns gives unanimous evidence. Into every well regulated manufactory, — into every extensive mercantile establishment in every part of the civilized world, — it has gradually, but peremptorily, forced its way ; and in this country is finding its way into mercantile establishments of humbler grades. The revenues of no government have been safely administered, — the accounts of no government have been intelligibly kept, — the business of no go- vernment has been promptly and satisfactorily despatched, — until the commercial system has been introduced with its order and uniformity into the different depart- ments " (Parliamentary Report on Excise Accounts, 1834). In the present article it is proposed to give— I. An outline of the ordinary proce- dure in recording the transactions of a general merchant ; — II. Practical directions for stating the different accounts ;— and III. A' short account of a modified system adopted for retail business ; premising the following general rules : — Record nothing but facts. Record facts under their date of occurrence. Record them under their proper heads of account. Facts of the same character are to be represented by addition ; facts of different characters by opposition ; but the result of two different species of facts is never to be represented by their difference. I. Outline of the ordinary procedure in recording the transactions of a general merchant. The double-entry system, according to the practice of most commercial establish- ments, comprehends three different kinds or classes of books : — \st, Primary Records, or Day-books, for each distinct branch of business— as Cash, Bills, Invoices Inward, Invoices Outward, Sales on Commission, and so on, according to the nature of the trade, and in each of which the transactions are stated circumstantially as they occur. 2d, The Journal, in which all the entries in the primary records are col- lected and digested monthly in a concise technical form, suited for their being readily transferred into the ledger. 3c?, The Ledger, in which the results shown in the journal are arranged under their appropriate heads ; and the periodical ab- stract of which, termed a Balance Sheet, exhibits in a succinct form the state of the merchant's affairs. PRIMARY RECORDS. Cash Book. — This, though the most important of all, is in its form the most simple. On the left-hand page, or Dr. side, are entered in chronological order all the sums received ; and on the right-hand, or Cr. side, in the same order, all the payments. As no money can be paid that has not been first received ; it follows that the Dr. side of a cash-book can never amount to less than the Cr. side ; the excess of the former above the latter, if any, must, when correctly kept, also cor- respond with the money in hand. Bill Books. — Bills are either receivable or payable ; the former being one of the channels through which debts due to the concern are collected, the latter one of the channels through which debts due by the concern are discharged. Each descrip- tion has generally a book allotted to itself, both of which should contain spaces for all particulars inherent and relative to the bill. The Bills Receivable book should contain appropriate spaces for the following particulars : No. — When received — On whose account— Cr. folio — From whom re- ceived — Drawer — Drawee— To order of— Where payable — Date — Term — When due — Sum — When and to whom paid away — Dr. folio. The Bills Payable book should contain spaces under the following heads : No. — When accepted— On whose account— Dr. folio— Holder— Drawer — To order of— BOO 97 BOO Where payable — Date of Bill— Term— When due — Sum— When and to whom paid -Cr. folio. Both books, it will be observed, are furnished with columns for running num- bers ; which numbers are also written on the face of each bill respectively, and by this means it can be readily referred to and identified. Invoice Book Inwards, or Bought Book, is a receptacle for bills of parcels, or accounts of goods purchased. — In some houses these accounts are copied at length in the order in wluch they are received ; while others form this book of blue, or common blank paper, into which the original aecounts are pasted. Invoice Book Outwards is appropriated for an account of goods sold on credit at home, or exported abroad. This book being of great importance, should be kept with the utmost precision, and carefully verified before the sums are transferred to the journal and ledger. In extensive concerns, several books of tliis kind may be kept at the same time, the titles of which can be varied according to the nature of the business. Thus one may be appropriated for Town department, another for Country department, and a third for Foreign department. Sales Book, or Factory Book, is generally appropriated to accounts of con- signments. Each account commonly occupies two pages, a title being placed over both, stating the names of the goods, ship, and consigner. The left-hand page contains an account of the charges incurred, including brokerage, and commission : the right-hand page contains an account of the quantity, price, and amount of the goods sold, with the buyer's name, and the time of payment. The difference be- tween this amount, and the charges on the other side, is the net proceeds for which the consigner receives credit. Other books may be kept according to the nature of the business ; as a Deben- tures Book, Insurance Book, &c. ; and the common practice, as already noticed, is to set apart books for each distinct department of business. In some houses, however, a Waste Book, or Petty Journal, is appropriated for such occasional trans- actions as do not fall under any of the preceding heads. These exhaust the authorities from which it is usual to compile the journal. There are, however, a variety of other books, kept in every counting-house, which do not commonly form part of the materials for the journal, such as the Ware- house Book, Letter Book, Account-Current Book, Account-Sales Book, Petty Cash Book, and Order Book. The Warehouse Book, kept in a similar way to th<» Factory Book, contains accounts for each parcel of goods belonging to the mer- chant's own stock, detailing the quantities received, their disposal, the charges incurred, and the quantities on hand. The use of the others is sufficiently pointed out by their names. JOURNAL. The journal, as already stated, is a monthly synopsis of all the transactions collected from the primary records, and digested under their appropriate heads of Debtor and Creditor. It usually contains, — 1st, A column for the day of the month ; 2d, A column for the folio of the ledger where each account is posted ; 3d, A space for narrative ; and, 4th, Two money columns. The rules for distinguishing Dr. and Cr. are to be inferred from the nature of the transactions and the accounts in the ledger. In personal accounts nothing is plainer than who are Dr. and Cr. ; in actual business this is not only understood but felt. The following are the most general rules that can be given. Whatever is Received, or the Receiver is Debtor. Whatever is Delivered, or the Deliverer is Creditor. The journal begins with the inventory of stock. Thus if the property of a mer • chant consist of Cash, £300 ; Bill No. 57, on P. Hill, due April 3, £500 ; Goods, £900 ; Debt due by Peter Gray, £200 ; Ship Minerva, £400 : and his obligations, Bill No. 80, to P. Yates, due Jan. 6, £700 ; Debt due to Moses Ker, £600. The journal entries will be in this form : — Sundries Dr. to Stock. Cash, £300 Bills Receivable— No. 57, P. Hill, due April 3, 500 Goods, 900 Peter Gray, 200 Ship Minerva, 400 £2300 BOO 98 BOO Stock Dr. to Sundries. To Bills Payable— No. 80, P. Yates, due Jan. 6, £700 To Moses Ker % 600 £1300 The primary Records are journalized at the end of each month. In journalizing the Cash Book, state Cash Dr. to Sundries ... For all money received. Sundries Drs. to Cash . . For all money paid. Specifying particulars, and classing items of the same kind together. In journalizing the Bill Books, Bills Receivable Dr. to Sundries . For all bills received. Sundries Drs. to Bills Payable . . For all bills accepted. Setting forth names, numbers, and other necessary particulars. In journalizing the Invoice Book Inwards, Goods Account^ Dr. to A B (the seller) . For amount of goods purchased. In journalizing the Invoice Book Outwards, C D (the Person on whose account the invoice is sent) Dr. to Sundries. To Goods .... For amount of goods. To Charges .... For Shipping and other charges. To Commission . . . For the Factor's Commission. To Insurance . . . For Premium of Insurance. The case here supposed is that of a consignment to order. When the transac- tion is an Adventure Outward, or direct sale, no Commission is charged. In journalizing the Sales Book or Factory Book, Sundries Drs. to Sales on Commission. E F (the Purchaser) . . . For Sales on Credit. Cash .... For ready money Sales. Sales on Commission, Dr. to Sundries. To Charges .... For charges at landing, &c. To Interest . . . For interest (if charged on advances). To Commission . . . For the Factor's Commission. To G H (the Consigner) . . For Net Proceeds. The journal for the month is then closed by a similar arrangement of the transac- tions contained in any other Record which the nature of the business may render necessary. LEDGER. This book is divided into distinct accounts, corresponding to the different branches of the business, into which are posted monthly the results brought out in the journal. Each account is introduced by an appropriate title ; and articles of opposite kinds which belong to the same account, are placed on opposite pages. The left hand page is called the Debtor, or Dr. side of the account ; and the right hand page the Creditor, or Cr. side. The difference between the sums of the Dr. and Cr. sides is called tne Balance. The accounts in the ledger may be divided into two great branches. The first forms the accounts of the whole property or capital, technically called Stock, and the second embraces the accounts of the component parts of property. Under the general head of Stock Accounts are comprehended Profit and Loss account, and its ramifications, Commission, Interest, and Charges ; the object of these accounts being to collect together the individual augmentations and diminutions of capital, and to transfer the results in one general entry to Stock; and also Private Account, its use being to record all sums put into the business, or withdrawn, so as to keep them distinct from Profit and Loss, and to transfer the result in the same manner in one entry to Stock. The accounts of the component parts of property will depend upon BOO 99 BOO Stock. the nature of the husiness ; but in a general point of view, the whole may be con- veniently arranged as follows : — 1. Whole Property. Branches. Ramifications. ( ( Commission. Profit and Loss. < Interest. ( Charges. (, Private Account. 2. Component Parts of Property. Accounts of Money, Real Property, <§r. viz. Cash, Bills Payable, Bills Receivable, Goods, Ships, Houses, Public Stock, &c. Personal Accounts, viz. Banker, Ordinary Debtors and Creditors. As by the fundamental law of double entry, every debit must have a correspond- ing and equivalent credit, and vice versa, it follows that the two sides of the ledger must, if correctly posted, be constantly in a state of equilibrium : It follows like- wise from the axiom that " the whole is equal to the sum of all its parts," that the balance of the stock account must equal the aggregate balance of all the other accounts. Hence arises the proof of double entry, which consists in abstracting the balances of all the accounts in the ledger, and verifying their accuracy by ascer- taining how far the above requisites have been fulfilled. This operation, called balancing the books, is usually performed at the close of the year ; at which period, likewise, the gain or loss during the year is indicated by the credit or debit balance brought into Stock Account " from " Profit and Loss," after transferring to the latter its branches, Commission, Interest, &c, and the differences betwixt the debit and credit sides of the goods and property accounts, after crediting the balances of merchandise aud property on hand at their market value. The whole debit and credit balances being then arranged in opposition to each other^ will give a condensed view of the merchant's assets and liabilities, and of his capital stock in the following form : — Dr. Balance Account. Ct. £56 463 3,500 1,000 800 400 900 2,881 Bills Pavable £1,600 2,500 £4,000 6,000 £10,(»00 £10,000 II. Practical Directions for stating the different Accounts, including Observa- tions upon Joint Accounts. Stock.— This is in truth the account of the merchant himself, or the concern ; and in commencing a new set of books, is debited with all the liabilities, and cre- dited with all the assets. Thus the sums given above under the head " Journal,'* will be entered in the ledger in this form : — Dr. To Sundries Stock. £1300 | By Sundries Cr. £2300 The excess of the credit above the debit side, £1000, being the net capital or stock in trade. If at next balance it shall be found that a profit of £300 has been realized, while £200 has been withdrawn for private expenses, Stock will fall to be credited " By ' Profit and Loss' £300," and debited "To * A B's Private account,' £200." After which the balance at Cr. of ' Stock,' or A B's net capital, will be £1100. Profit and Loss. — During the currency of the year, this account should be de- bited solely for actual losses, and credited for actual gains ; leaving the balances of Commission, Interest, Charges Account, &c. to be transferred at the time fixed for balancing. Some houses amalgamate the whole of these accounts into one general Profit and Loss account ; but this is objectionable, especially in large con- cerns, where it is of importance to preserve all the channels of gain and loss as distinct as possible. A Detter plan is to open a separate account for Profit, and another for Loss. BOO J 00 BOO The balance arising on Profit and Loss account is transferred " To Stock," or " By Stock," according as the result is gain or loss. Commission Account is credited for all commissions received for our trouble in transacting business for others. There are seldom any entries to the debit, as the charges for commission made by our agents properly belong to the Goods Account to which they have reference. It is closed by transferring the balance to " Profit and Loss." Interest Account contains on the Dr. side all sums paid or incurred for interest or discount ; and on the Cr. all sums received or become due for the same. The dif- ference, at balancing, is transferred to " Profit and Loss." Charges Account contains on the Dr. side all general expenses paid or incurred in the business, as rents, taxes, salaries, postages, and incidents. If any of these should be afterwards charged to some other account, the sums so charged are en- tered to the Cr. The balance is transferred to " Profit and Loss." In some houses, separate accounts are kept for Export Charges, Charges on Sales, on Commission, &c, such accounts being dissected periodically, and credited by the different parties, or Adventures, for which the charges were incurred. Private Account contains on the Dr., money, or any thing else withdrawn from the concern for private use. It seldom contains any thing on the Cr. side. The balance is transferred to " Stock." Dr Hamilton and other writers carry private or house expenses to " Profit and Loss ;" — but this is improper, as the true profits of business may be £1000 a-year, while the expenditure being £1500, a false loss would be exhibited. Cash.— Some houses post the ledger directly from the Cash Book, without any intermediate entry in the Journal beyond " Cash Dr. to Sundries" for the monthly amount of receipts ; and " Sundries Dr. to Cash" for the monthly amount of pay- ments ; but the more general method in large concerns is that described above un- der the head " Journal." By both plans, the cash account in the Ledger is usually comprised in twelve lines on each side yearly. The mode of stating the cash details is simple. When goods are sold for ready money, Dr. " Cash," Cr. " Goods," or account to which the goods belong. When cash is received for goods formerly sold on credit, Dr. " Cash," Cr. the purchaser. When goods are bought for ready money, Cr. " Cash," Dr. " Goods," or account to which the goods belong. When cash is paid for goods purchased on credit, Cr. " Cash," Dr. the seller. When money is received of one person for the use of another, or for his own use, Dr. " Cash," Cr. the person for whose use it is received. When money is paid to one person for the use of another, or for his own use, Dr. the per- son for whose use it is paid, Cr. " Cash." When money is lent, Cr. " Cash," Dr. the borrower. When money is borrowed, Dr. • Cash," Cr. the lender. When a bill is paid. Cr. " Cash," Dr. " Bills Payable." When a bill is discounted, Dr. " Cash," and Cr. * Bills Receivable" for the total amount of the bill ; and Cr. " Cash," and Dr. " Interest," for the discount. Bills Payable Account is credited with all bills accepted, and debited with those paid ; the balance shows the amount of bills unpaid. Bills Receivable This account is debited with all bills received, and credited with those paid, discounted, or otherwise disposed of ; the balance shows the bills remaining in hand. In the Renewal of Bills, — 1st, If the bill be in your own hands, make A B (the acceptor) Dr. to Sundries ; viz. To " Bills Receivable, " for the sum of the old bill ; To " Interest," for interest for the time the bill is renewed added to the new bill ; and then " Bills Receivable" Dr. to A B for the new bill. 2d, If the bill be discounted, or paid away, make A B Dr. to " Cash" when you pay his bill,— and A B Dr. to " In- terest " for interest : then " Bills Receivable" Dr. to A B for the new bill. If the new bill, however, be drawn for the same sum as the former, and the interest paid in cash, it is sufficient to enter " Cash" Dr. to " Interest" for the interest, without bringing it to A B r s account. In the Protesting of Bills,— 1st, If the bill be in your own hands, make A B (on whose account it was received) Dr. to " Bills Receivable " for the bill, and A B Dr. to " Cash" or " Charges." for expenses of protest ; 2d, If the bill be discounted or paid away, A B Dr. to " Cash," paid his bill with expenses. Accommodation Bills.— When you receive another person's acceptance, or grant your own note and receive the proceeds, in either case merely for your own accom- modation, enter " Bills Receivable" Dr. to " Bills Payable " for the bill (as you will have to provide for it when it falls due) ; and when discounted, "Cash Dr. to " Bills Receivable," and when paid, " Bills Payable" Dr. to " Cash." When you BOO 101 BOO grant your bill to another, merely for his accommodation, it is sufficient to note the particulars in a "Memorandum Book,"or " Register Bill Book," and take an obligation from him that he is to provide for it when it becomes due. If he then be unable to pay the bill, enter A B Dr. to " Cash." Where, however, accommoda- tion bill transactions betwixt two parties are numerous, the best way is to open a separate account for them. Merchants whose bill transactions are numerous, keep a Register Bill Book, in which all bills they receive, or become bound to pay, are entered in the order in which they fall due, to enable them to regulate their payments without embar- rassment. Goods Account commences on the Dr. side, with the balance of goods on hand. Goods bought are entered on the same side ; and goods sold on the Cr. Charges laid out on goods are entered on the Dr. side, as also discounts allowed on goods sold ; and on the Cr. side discounts received on goods purchased, as well as any other incidental advantage which arises from them. On closing the account, Cr. By " Balance " for value of goods on hand. If the Cr. side is then found to exceed the Dr. the account is to be debited, To " Profit and Loss" for gain ; and, if the con- trary, it is to be credited By " Profit and Loss " for loss. In some houses, separate accounts are opened in the Ledger for each kind of goods ; but perhaps the more general practice is to open only one general account, and leave the gain or loss upon the different parcels to be ascertained from the Warehouse Book. Accounts of Ships, Houses, &c. are debited with the cost and outlays, and credited with freights, rents, and other receipts. The difference is transferred to " Profit and Loss, after crediting them " By Balance " for their value at the time of closing. Personal Accounts are debited to Goods, Cash, Charges for Commission, and for every thing we give out ; and credited for what we receive either in Goods, Cash, or Charges, &c. Where the transactions with a party are numerous, and of different kinds, several accounts may be opened ; thus with A B you may open his " General Account," his " Accepting Account," his u Account of Consignments," &c, the balance of all, or any of these, being transferred at certain periods to his " Account Current." Insurance Account is stated in various ways, according to circumstances. In the books of a merchant, or person insured, it is debited to the Broker or Insurance Company, for the amouut of premium and policy, and credited by the Adventure or person for whose account it is effected ; the Broker being debited for Returns, Averages, or Losses, to the accounts that were formerly charged with the pre- miums. Where, however, the merchant acts as his own broker, it will be convenient to open a separate set of Insurance books for the accounts of the different under- writers, &c, and to reserve his general ledger for an Insurance Account, and an account for himself as " Broker, both of which will be stated, as in the former case. In the books of an Underwriter, " Insurance Account " is credited by the broker or party insured for the premium, &c. ; and debited to the same accounts for Returns, Averages, or Losses ; the difference being transferred at balancing to " Profit and Loss." At balancing, care must be taken to transfer the premiums on current risks to a " Suspense" or " Guarantee Account." Debenture Account is debited To " Goods " for the drawbacks to be received on goods exported from our own stock, and credited by ** Cash " when we receive the same ; the balance shows the debentures outstanding. Goods Received on Commission. — Separate accounts are sometimes opened in the ledger for each consignment ; but as this is done in the Sales or Factory Book, it is usual to confine the ledger accounts to two general ones, namely, " Sales on Commission," and " Charges on Sales on Commission." The first is credited by the accounts of the different purchasers for the gross sales ; and debited (after each consignment is sold ) to " Charges on Sales on Commission " for the amount of charges, to " Commission " for your commission, and to the consigner for the net proceeds ; and the balance will consist of the gross proceeds of goods not yet accounted for by you. " Charges on Goods on Commission " is debited to " Cash," &c. for all charges, and credited as already stated : the balance will show the amount of advances remaining to be accounted for to you. Adventures.— In Adventures Outward, , two accounts are generally opened with the foreign agent, " A B Account of Consignments " is debited with the cost of the goods, Insurance, and Charges ; and credited by " A B Account-Current " for net proceeds ; the difference being carried to Profit and Loss. The account-current is credited by remittances. In Adventures Homeward, the foreign agent's account BOO 102 BOO is credited by " Goods," or as the case may be, for the amount of invoice and charges ; and debited with remittances. Consignments by you to parties in this country are stated in the same manner as in Adventures Outward. Joint Adventures may be stated in various ways. If A and B ship goods con- junctly to Bombay, to the value of £300 ; of which, £210 are from A, and £90 from B ; and the net proceeds realized by Z be £400 ; the accounts may be stated in this form in A's books, supposing him to be manager, and the profits divisible equally. Dr. Adventure to Bombay in a with B. To Goods . ToB . . . To Insurance To Charges . £210 . 90 . 12 . 10 322 To Profit and Loss 39 By B his i cost By Z my i net! proceeds . $ Cr. £161 200 Dr. ToAdven.hisJcost£161 To Balance . . 129 B By Adven. &c. By Z his J net") proceeds . J Dr. To Adven. &c. ToB ... £200 I By Balance 200 Cr. £90 200 290 ~Cn £400 The balance of £129 is paid to B, on the £400 being remitted by Z. The adven- ture may also be stated by A as though it were his own entirely, giving credit to B for his goods, and half the profit. Branches. — Concerns which have branch establishments should open accounts with each precisely as if they were strangers. Foreign Money Accounts. — If an account with a foreigner is to be settled in foreign money, we must enter the value of each article reduced to that money in an inner column. If the sums of the inner columns be equal, there is nothing due by the one party to the other ; and then, if the sums of the outer columns be unequal, the difference is gain or loss. But if the inner columns be unequal, the balance due from one party to the other must be valued at the current rate of exchange ; and after the value is added to the proper side, the difference is gain or loss. Bad Debt Account is debited to " A B," &c. forbad debts incurred, and credited by " Cash " for dividends, &c, and by " Profit and Loss " for the net loss sustained at the period when the debtor is discharged, or the recovery of his debt has become hopeless. A preferable mode of disposing of bad debts is to open a " Guarantee Account," and credit it at the period of balancing by " Profit and Loss " for the probable amount of loss by bad or doubtful debts. In this case, the debtor's own accounts are credited for dividends, &c, and afterwards by " Guarantee Account " for net loss. At each succeeding period of balance, a new valuation of bad debts is to be made, and an additional sum credited by " Profit and Loss," if found requisite. Any other contingency may obviously be provided for in Guarantee Account on the same principle. Partnership Accounts may be kept in the general ledger in six different ways, namely ; — three in which no entries are made until the partners advance their shares ; and three in which entries are made previous to the shares being paid in : in the latter an " Account Proper " being opened with each partner, for recording the sums drawn out or paid in, distinct from the " Account in Company" for his share. 1. Cash, or the Article advanced Dr. to Stock, —then Stock Dr. to Sundries. To each partner for his share, 2. Sundries Drs. to the Partner. For the articles paid in. 3. Sundries Drs. to Stock in Company. For the articles paid in, mentioning each partner's share. 4. Stock Dr. to Sundries. To each partner's Account in Company, for his proposed capital, — then Sundries Drs. to Stock. Each partner's Account Proper for the same. Each partner's Account Proper Dr. to each partner's Account in Company, for the capital to be advanced. Sundries Drs. to Stock in Company. Each partner's Account Proper for the proposed capital— and when the partners pay in their respective shares, the entry by all the three last is " Cash " or the Article advanced Dr. to partners' Account Proper. At balancing the books, if the business has been successful, and the profit is to be divided, enter " Profit and Loss" Dr. to each Partner's Account Proper, but if there has been a loss, these entries are to be reversed. The balance of the Account Proper is then usually transferred to the Account in Company when the latter is kept separate, BOO 103 BOO and it is not fixed that the capital shall remain permanent. In all cases, interest is to be charged on the partners' accounts, in order to equalize their advances. A preferable mode, however, is to state the accounts in the General Ledger pre- cisely as in the case of a single proprietor, and to adjust the partnership interests in a private Partnership Ledger as follows : — Dr. Joint Capital. Cr. Dr. A. Cr. To Sundries To Interest To P. & L. £900 37 300 By A, withdrawn £210 By B do. 105 By balance 922 To J« C. withdrn. £210 To Balance 615 By Joint C. £600 By Interest 25 By P. &L.§gain 200 £1237 £1237 £825 £825 Dr. To Sundries Dr. Interest. £37 1 By Joint C. Profit and Loss. Cr. £37' Cr. 1 Dr. B. Cr. To Jt C. withdr*. £105 By Joint C £300 To Balance 307 By Interest 12 By P. & L. i gain 100 To Sundries £300 By Joint C. £300 £412 £412 Joint Capital is debited at the outset to each of the partners for his capital ; at balancing it is debited to " Interest " for the interest arising on the capital ; to " Profit and Loss" for gain ; and credited by each of the partners' accounts for the sums withdrawn. It is thus just the Stock Account of the General Ledger reversed. Interest is credited by " Joint Capital" for the interest arising on it ; and debited to the partners for their respective shares. Pro/it and Loss is credited by " Joint Capital" for net gain ; and debited to the partners' accounts for their respective shares. Partners' Accounts are credited by " Joint Capital," " Interest," and " Profit and Loss," for their respective shares of capital, interest, and gain, and debited to " Joint Capital" for the sums withdrawn. III. Outline of a Modified System adapted for Retail Business. It is a common prejudice that the retailer, from the minuteness of his sales, is unable to keep his accounts on the same systematic principles as the merchant. The difficulty, however, applies solely to the quantities of goods, and in no respect to the money accounts which, in all businesses, are composed of expenditure and returns, receipts and payments. These particulars the retailer can ascertain as easily as the merchant, and therefore he may with equal facility systematize his accounts. In the simple form given below, the only books employed are a Cash Book, a Day Book, and a Ledger into which the two former are posted directly without the intervention of a Journal. The Cash Book differs from ordinary books of this kind in having an inner column on each side titled " Store." In the inner column on the Dr. side are entered the cash drawn for ready-money sales and discounts received ; and in the credit inner column, ready-money purchases, discounts allowed or paid, and all charges of a general nature. The amount of each of the inner columns is transferred monthly to the outer, and then posted to " Store Account" in the Ledger. In the annexed form the ready-money sales are entered weekly, but in practice they should be entered daily unless a petty cash book is kept for that purpose ; in which case they may be transferred when convenient. The Day Book forms a chronological record of all the other transactions : the purchases on credit are extended into the column titled " Store Dr. ;" the sales on credit to that titled " Store Cr.," and any other transactions which may occur are expressed in the journal form, and entered in an inner column. The two outer columns are summed monthly, and their amounts posted to " Store Account," as before. The Ledger is extremely simple, and will be readily understood on inspection. The Store account combines a goods and charges account ; and at closing, the value of the goods on hand, as ascertained by inventory, is stated to the credit as a ba- lance, and the excess of the credit above the debit side, being the profit realized, is transferred to Stock account. The period embraced by the transactions is one month, but the procedure is the BOO 104 BOO same throughout the year. The operation of balancing is here for illustration per- formed at the end of the month, when the closing stock entries are stated in the journal form at the end of the Day Book. Dr. CASH BOOK Cr. Feb. 1. To Stock - - - £ Store. 500 Feb. 1. By Bank, lodged - £ Store. 285 .. 7- To Store, cash sales - 15 .. 3. By Store, 200 lbs. tea, at 4s. 40 .. 8. To Store.disc'. from J. Smith 10 .. a By J. Smith, paid him - 200 .. 14. To Store, cash sales 16 .. 13. By A B, family expenses b To J. Bell in full 12 .. 14. By Store, discount to J. Bell 1 .. 21. To Store, cash sales 12 .. 25. By Store, disct. on P.B's bill 1 .. 25. To Bills Receivable, dis- .. 28. By Store, incidents, &c. - 12 counted P. Brown's, due By A B, family expenses 6 June 18 60 h4 .. 28. To Store, cash sales - 14 67 By Balance ay 639 639 DAY BOOK. Store. Dr. 200 250 Store. Cr. Feb. 2. .. 5. .. 10. .. 15. .. 20. To John Smith, for 1000 lbs. tea, at 4s. By J. Bell, 48 lbs. tea, at 5s. To J. Smith, 100 cwt. sugar, at 50s. - By J. Bell, 20 cwt. sugar, at 60s. .... Bills Receivable, Dr. to J. Bell Received his bill at 4 months, due June 18 - - £ - £60 12 60 .. 28. By J. Bell for 4 lbs. tea, at 5s. 40 lbs. sugar, at 6d. - - £ l 2 Store Account, Dr. for purchases on credit this month Store Account, Cr. for sales on credit this month Stock Dr. to A B Private Account, balance of latter transferred - £H 450 74 Store Account Dr. to Stock, gain on former transferred £21 Dr. LEDGER. Cr. - Stock. - Feb. 28. To A B for cash withdrawn To Balance - - £11 510 Feb. 1. By Cash for capital - £500 . . 28. By Store for gain 21 £521 £521 , . Dr. - Store. - Cr. Feb. 28. To Cash To Sundries, per Day B. To Stock for gain - £54 - 450 21 Feb. 28. By Cash for sales, &c. - £67 . . . . By Sundries, sales per Day B. 74 . . . . By Balance, goods on hand 384 £525 £525 Dr. - Bank. - Cr. Feb. 1. To Cash lodged - £285 Feb. 28. By Balance - - £285 Dr. Feb. 20. To J. Bell, due June 18 - £60 Feb. 25. By Cash, disca. J. Bell's bill £60 Dr Feb. 13. .. 28. To Cash, family expenses To ditto - £5 6 Feb. 28. By Stock transferred - £11 BOR 105 DOT Dr. Feb. 8. .. 28. Dr. Feb. 5. .. 15. Dr. John Smith. Cr. To Cash, discount £10 To Balance £200 Feb. 2. By Store, 1000 lbs. tea, at 4s...£20O 250 . . 10. By Store, 100 cwt. sug., at 50s. 250 J. Bell. To Store, 48 lbs. tea, at 5s. To Store, 20 cwt. sugar, at 60s. To Store, tea and sugar Cr. £12 £12 Feb. 14. Bv Cash, discount £1 - 60 . . 20. By Bills Recw% due June 11 (ji) 2 . . 28. By Balance - - 2 £74 Balance. (A B's Estate, Feb. 28.) To Cash on hand To Store, goods on hand To Bank To J. Bell, due by him £89 384 2 £760 By J. Smith, due to him By Stock £74 Cr. £250 510 £760 If the concern is a partnership, the accounts may be kept precisely as above, and the interests of the partners adjusted in a private ledger, according to the form given in last section. In this ledger should also be engrossed the Inventory and Valuation of Stock, and the Balance Account. BORACIC ACID is obtained artificially by the action of sulphuric acid upon borax ; and in a natural state in the hot springs of Sasso, near Florence, and in the Lipari islands. It occurs in small brilliant colourless crystals, which have a greasy feel : it is inodorous, and possesses little taste. This acid is used in the ma- nufacture of borax, as well as in chemical investigations. About 6000 cwts. are annually imported into this country. BORAX, a salt procured in an impure state, called tincal, or rough borax, from a lake in Thibet, about fifteen days' journey from Teeshoo Lomboo, from whence nearly the whole European market is supplied by way of Calcutta. Tincal, as im- ported, is embedded in a kind of soapy matter ; its crystals are soft and brittle, colourless^yellowish or greenish, sometimes nearly transparent, but more commonly opaque. When purified, it is called borax, or borate of soda, and occurs in rather large white semitransparent crystals, having a sweetish alkaline taste. When heated, it becomes a porous friable mass, called calcined borax. Borax is also pre- pared artificially in England and France from its ingredients, boracic acid and soda. This salt is employed in medicine, but is chiefly used as a flux in the arts. About 1500 cwts. are annually brought to this country, nearly one-half of which is again re-exported. BOTARGA, a substance similar to caviare, prepared on the coasts of the Medi- terranean, from the spawn of a kind of mullet. It is very firm, of a deep reddish colour, and has two lobes about nine inches long. The best is made at Tunis. BOTTLES (Du. Bottels. Fr. Bouteilles. Ger. Bouteillen. It. Bottiglie \ Fiaschi. Por. Botelhas. Rus. Bululki. Sp. Botellas.) [Glass.] BOTTOMRY is a contract by which money is borrowed on the joint security of a ship and its owners, repayable on the ship terminating her voyage successfully. It corresponds with Respondentia, which is a similar method of raising money on the cargo. [Respondentia.] It may be executed either by bill on the part of the borrower, or by a mutual bond, provided the conditions be clearly expressed. At home, the contract is entered into by the owners, or by the master as their agent. The master has full authority in a foreign country to bind the owners, and hypo- thecate the ship and freight by a bottomry-bond, in cases of necessity. " If it be made," says Mr Smith, " by the owners themselves in this country, before the com- mencement of the voyage, the lender has not the same convenient remedy by suit in the Admiralty against the ship, as he has in the case of hypothecation for neces- saries by the master in a foreign port, and if the contract refer to a British ship, of which it purports to be an assignment, compliance with the provisions of the Re- gistry Act seems necessary to its validity (Mercantile L. 348). In Scotland, according to Professor Bell, " to make the debt effectual, the proceedings are in Admiralty [now the Court of Session] by an application for the sale of the ship, and payment of the bottomry debt, or a warrant against those who owe freight.'* The bond may be granted not only for money lent, but for repairs executed. The holder of the bond may take any amount of interest without being liable to the usury laws, a privilege of less consequence than it formerly was. [Usury.] But this privilege BOU 106 BOU continues with the sea risk— when that ceases, the interest, which continues to run, is restricted to the ordinary rate. Where the master hypothecates the ship for interest exceeding 5 per cent., the lender has a personal claim against the master, but none against the owner. Where there are several bonds of Bottomry, and the value of the ship is insufficient to meet them all, the last, if absolutely necessary, is preferred, as having had the chief tendency to the preservation of the vessel. (Abbott, 117-131. Marshall on Insurance, 742-769. Smith's Mercantile L. 346-351. Bell's Cam. i. 530-536.) BOUGHT-AND-SOLD NOTE. [Broker]. BOUNTY, a premium given by a government for the encouragement of a par- ticular branch of industry. The granting of bounties formed, until lately, a promi- nent feature of the commercial policy of this country. A graduated allowance per yard was paid on all linen exported, in order to encourage the home manufacturer, and enable him to meet foreign competition ; four shillings were granted on each barrel of cured gutted herrings ; and £1 per ton on every vessel fitted out for the whale-fishery, in order to promote the fisheries and the rearing of seamen. En- couragements were given to other trades on similar principles ; and in 1824 the total sum paid under this head amounted to £536,228. The impolicy of bounties had by this time, however, been rendered evident by the writings of Smith and Ricardo. It was now acknowledged that individual interest is of itself sufficient to prompt men to engage in all trades of a really advantageous nature ; — that the production and exchange of commodities fall into the most profitable channels when left to themselves ; and that as often as they are diverted from those channels by external interpositions of any sort, so often the industry of the country is made to employ itself less advantageously, and those engaged in it rendered comparatively indiffer- ent to improvements. The principle of bounties was accordingly abandoned by government. The tonnage duty paid on whale ships ceased in 1824 ; and the ounties on herrings, linen, and other articles were repealed in 1830. ' ' We cannot give our workmen a monopoly in the foreign as we have done in the home market. We cannot force foreigners to buy their goods as we have done our own countrymen. The next best expedient it has been thought therefore is to pay them for buying Bounties, it is allowed, ought to be given to those branches of trade only which cannot be carried on without them. But every branch of trade in which the merchant can sell his goods for a price which re- places to him, with the ordinary profits of stock, the whole capital employed in preparing and sending them to market, can be carried on without a bounty Those trades only require bounties in which the merchant is obliged to sell his goods for a price which does not replace to him his capital, together with the ordinary profit ; or in which he is obliged to sell them for less than it really costs him to send them to market. The bounty is given in order to make up this loss, and to encourage him to continue or perhaps to begin a trade of which the expense is supposed to be greater than the returns, of which every operation eats up a portion of the capital employed in it, and which is of such a nature that if all other trades resembled it there would soon be no capital left in the country. The trades which are carried on by means of bounties are the only ones which can be carried on between two nations for any considerable time together, in such a manner as that one of them shall always and regularly lose, or sell its goods for less than it really costs to bring them to market. But if the bounty did not repay to the merchant what he would otherwise lose upon the price of his goods, his own interest would soon oblige him to employ his stock in another way, or to find out a trade in which the price of the goods would replace to him, with the ordinary profit, the capital employed in sending them to market. The effect of bounties, like that of all the other expedients of the mercantile system, can only be to force the trade of a country into a chan- nel much less advantageous than that in which it would naturally run of its own accord." {Wealth of Nations, book iv. chap, v.) BOURBON, an island in the Indian Ocean subject to France. It lies about 90 miles S.W. from Mauritius, and is 440 miles E. from Madagascar. Area 895 British square miles. Population in 1836, 106,099, of which 69,296 were negro slaves. The chief town and port is St Denis, situated on its northern side, in 20° 50' S., and 55° 31' E.; pop. 12,000. It possesses no close harbour, but only an open and dangerous roadstead. The island consists of the heights and slopes of two mountains, the most southerly of which con- tains a volcano in perpetual activity. A great part of the interior is a volcanic desert ; but the dis- tricts on the coast are generally fertile. The climate though humid, is pleasant and salubrious ; hurricanes are, however, frequent and violent. The staple product for exportation is sugar ; there are also extensive plantations of coffee and cloves. The forests abound in a variety of fine timber and dye-woods ; and ambergris, coral, and turtle, are found on the shores. The total value of articles exported in 1836, of the growth and produce of the island, was 16,743,899 fr. (or £669,756); the principal being raw sugar, 18,173,092 kilogrammes, value 12,721,164 fr. ; coffee, 990,013 kilo- grammes, value 1 ,386,018 fr. ; cloves, 556,650 kilogrammes, value 1 ,403,575 fr. In the same year the total value of the imports was 13,769,541 fr. (or £550,782), consisting chiefly of cottons and other manufactured goods, with rice, wheat, oils, wine, cattle, timber, and salt. The principal com- mercial intercourse is with France, where the bulk of the produce of the island is exchanged for manufactured articles, — Madagascar, to which French manufactures are sent in exchange for cattle, &c, — India, to which cloves and other articles are sent in return for rice, — and the neigh- bouring island of Mauritius. BOX 107 BRA Measures, Weights, and Money, same as France. Revenue in 1837, 2,149,563 fr., or £85,982; expenses, 2,932,428 fr., or £117,297. S BOX (Fr. Buis), a small tree {Buxus sempervirens), now very scarce in this country, but common in the south of Europe and west of Asia. Its wood, which is unique and highly valuable, is close, hard, heavy and durable, of a yellowish colour, cuts better than any other, and is the only kind adapted for engraving. It is also used for the wooden part of fine tools, snuff-boxes, and for a variety of pur- poses requiring strength, beauty, and polish, in timber. A late reduction of the duty from £5 to 10s. per ton (6 & 7 Wm. IV. c. 60), has led to a greatly increased con- sumption of boxwood, and about 700 tons are now annually imported, chiefly from Turkey and Spain. BRACCIO, an Italian cloth measure, varying in different places from about 21 to 26 imperial inches. BRAN, the husks of ground corn. BRANDY (Fr. Eau de vie de vin. Ger. Branteicein. It. Aquarzente. Por. Agnardente. Sp. Aguardiente), a spirit distilled from wine, and from the marc, or fermented residue of pressed grapes. In general it is obtained from wine of inferior quality, fit only for making brandy. The product of the distillation is at first colourless, but it obtains a certain degree of colour by age. Most commonly, however, it is coloured artificially by mixture with burnt sugar and saunders-wood. The quality is of course dependent both on the material from which it is procured, and the skill with which it is manufactured. Marc brandy is said to possess a more acrid flavour than that obtained from wine. Brandy is manufactured in most wine countries, but the best, and almost the only kind imported into Britain, is made in France. The quantity annually prepared in that country is estimated, though somewhat vaguely, at about 20,000,000 galls., of which nearly one-third is exported. The finest, made at Cognac, in the de- partment of Charente, is said to be procured from white wine fermented so as not to become impregnated with the oil of the grape skin. The Cognac brandy is shipped mostly from the port of Tonnay on the Charente ; but brandy forms likewise a valuable export from Cette, Bordeaux, Rochelle, and Nantes. Besides the British, the Anglo-Americans and Dutch take considerable quantities of it ; but the exports to other countries are comparatively trifling. That exported from Spain is shipped chiefly at Barcelona for Cuba, Mexico, and the South Ame- rican States. The extravagant duty of 22s. 6d. per gallon levied on foreign spirits has mate- rially checked the use of brandy in this country ; indeed the quantity at present entered for home consumption is much less than it was fifty years ago. In 1790, when the duty was 6s. the annual consumption was about 1,700,000 gallons (Imp. meas.). At present, although it has somewhat increased of late years, it averages only about 1,400,000 gallons annually. A considerable quantity, however, is besides introduced in an irregular manner, as a contraband trade is carried on with activity along the coast of the Channel. In 1838, the quantity of brandy imported amounted to 2,398,135 Imp. galls, (including over- proof), of which 2,300,122 galls, were from France ; the quantity entered for home consumption was 1,203,435 galls.: and the quantity re-exported to 1,010,851 galls, (proof). Of the latter, there were sent to British America, 281,6o9 galls. ; British West Indies, 215,531 galls.; Cape of Good Hope, 89,383 galls. ; United States, 57.514 galls. ; East Indies, 105,173 galls. ; and Aus- tralia, 122,104 galls. ; besides smaller quantities to the West Coast of Africa, to the South American States, especially Chili and Peru, to the Canaries, and to other places. The quantity under bond in this country is usually about 1,300,000 galls. ; and that in the stocks of dealers about 500,000 galls. [Spirits.] S BRANK. [Buck-Wheat.] BRASS, an important alloy of copper and zinc, usually prepared by cementa- tion of calamine, a native carbonate or zinc, with granulated copper. Sometimes blende, a native sulphuret, is employed instead of calamine. It is of a fine yellow colour, susceptible of a high polish, and is little liable to rust. It is very mal- leable, and ductile when cold : at a high temperature it is brittle. Sp. gr. 7"8 to 8'4. It is more fusible, sonorous, a worse conductor of heat, and harder than copper. The relative proportions of the two metals vary in the different kinds of brass; but there is seldom less than one-ninth, or more than one-fourth of zinc. Brass has been known and used from the earliest ages. Its colour and other properties re- commend it in preference to copper for many purposes in the arts, and it is exten- sively employed both for useful and ornamental purposes. From being readily turned on a lathe, it is well adapted for philosophical instruments, and those used in manufacturing processes. It is besides used in the manufacture of a great variety of articles, such as buttons, chandeliers, lamps, vases, fenders, fire-screens, BRA 108 BRA and lock and door handles. When drawn into fine wire, it is extensively employed in pinmaking, and for other purposes. It is also beaten into thin leaves, which, under the name of Dutch leaf or Dutch gold, are used in making trinkets (Brande's Chemistry, $c). The great seat of the brass manufacture is Birmingham. ** The use of this valuable compound metal has continually increased during the last hundred years, and the talent of the designer has been tasked in the invention of new forms, and in the adaptation of classical models to the purposes of modern domestic comfort and ornament. The introduction of the stamp especially, which was first applied to the multiplication of copies of smaller wares, as buttons, buckles, and cloak pins, and which was at length adapted by increasing its power, to the production of large forms, has caused the greatest change in this branch of ma- nufacture. The process of casting, though preferable for many articles, is tedious ; the forms require considerable repairing and finishing after they leave the sand, and the metal is necessarily bo thick as to be for many purposes inconveniently heavy ; but the stamp brings up the work on the die on light rolled sheet metal, so that the most intricate and involved patterns are executed with the greatest precision ; and by the ingenious application of separate parts, the work of the carver and gilder in large decorated pieces of scroll and foliage is successfully imitated." I Pen. Cy- clopaedia, art. Birmingham.) BRASSAGE, charges for mint expenses. BRAZIL, an extensive empire lying in S. America, between lat. 4° N. and 33° S. ; and between long. 35° and 73° W. It is bounded N. by Venezuela, French Guiana, and the Atlantic ; S. and S. E. by the Atlantic ; S. W. and W. by Uru- guay, Paraguay, Argentine Republic, Peru, Ecuador, and New Grenada. Area about 3,000,000 square miles. Population vaguely estimated at 5,000,000 ; of which 1,000,000 whites, of Portuguese origin ; 2,800,000 negro slaves ; 300,000 Indians ; and 900,000 free blacks and mixed races. It is divided into 18 provinces, namely, Para, Rio Negro, Maranham, Piauhi, Ceara, Rio Grande del Norte, Parahiba, Pernambuco, Alagoas, Sergipe, Bahia, Espirito Santo, Rio Janeiro, San Paulo, Minas Geraes, Goyaz, Matto Grosso, Fernando. Capital, Rio Janeiro. The go- vernment is a constitutional monarchy ; the executive is vested in the monarch or emperor; the legislative body consists of a senate chosen by the emperor, and a chamber of deputies elected by the people. The physical character of Brazil is as yet but imperfectly known, but so far as ascertained, it appears to be a country of vast natural capabilities. A ridge of mountains runs parallel with and at no great distance from the coast, from 10° to 32° S. lat. In the W. the land again rises to the height of from 3000 to 6000 feet, spreading out into those sandy plains called Campos Parexis, which occupy the centre of S. America. Nearly one-half of the surface is composed of uplands. The lowlands extend principally along the sides of the river Amazon, with smaller por- tions on the shores, and on the S.W. border. In a country equal in extent to nearly 4-5ths of Europe, the productions must be very much diversified ; but the greater part of it is covered by vast forests, considerable portions of which have been only partially explored. The mineral pro- ductions, so far as known, are chiefly gold, diamonds, iron, and salt. The province of Minas Geraes is the richest in gold and diamonds ; and what is called the " Diamond District " extends about 50 miles from N. to S., and 25 miles from E. to W. around the sources of the Rio Francisco, and the Rio Parana, and adjoining Tejuco, about 400 miles N. from Rio de Janeiro, where nearly 2000 persons are employed by government in collecting the stones. Gold abounds chiefly in this province, in the affluents of the Rio Francisco, but it is found likewise in all the head waters of the great rivers which flow northward into the Amazon. About the middle of last century, the annual produce was about 35,000 marcs ; but, owing to the exhaustion of the auriferous sand from which it was washed, the amount decreased, and betwixt 1800 and 1820, averaged only about 9000 marcs annually. Of late, however, British capital has been applied with some success to work the veins in the mountains, particularly at Congo Soco, near Sahara, about 280 miles N. from Rio, and the produce is again doubtless more considerable. The forests abound with great varieties of wood well adapted for dyeing, for cabinet-work, and for shipbuilding. A considerable portion, however, of the country S. of 20° S. lat. especially in the province of Rio Grande, con- sists of extensive pastures, on which innumerable herds of cattle roam, mostly in a wild state. The propensity of the Brazilians to seek for gold and diamonds has produced a general disrelish for sober industry. The comparatively small portion only of this fine country which is cultivated, consists chiefly of tracts extending from 30 to 40 miles around the seaports. The attention of the more intelligent Brazilians has of late been directed to the improvement of agriculture ; but it is still generally in a rude state, particularly in the coffee and sugar estates, the produce of which, though raised under the highest advantages as to soil and climate, is in quality much inferior to that of the "West Indies. The northern provinces produce cotton, sugar, rice," tobacco, tapioca, isinglass, caoutchouc, indigo, and a variety of drugs and dye-woods; the middle provinces, coffee, sugar, tobacco, rosewood, rice, &c. ; while in the southern province of Rio Grande, the hides and horns of the wild cattle form the chief source of wealth. A small quantity of wheat was formerly raised in Rio Grande, but the late revolt of this province from the imperial govern- ment has paralyzed all kinds of industry ; in point of soil and climate, hovrever, it is so well adapted for the productions of the temperate zone that it might not only supply all the rest of the empire with provisions, but have a considerable surplus for exportation to foreign countries. The Mandioca plant is common nearly all over the empire ; the root ground into meal, forming a general article of food, while the plant itself produces tapioca, which is largely exported. Indian corn, millet, and beans are also generally cultivated. Cotton is raised chiefly from lat. 15° S. to the equator ; the best is that of Pernambuco ; next, that of Maranham ; that of Bahia and Para is inferior. Sugar is cultivated chiefly in the province of Bahia, but to a great extent likewise in the provinces of Rio de Janeiro and Pernambuco. Coffee forms the chief object of culture in BRA 109 BRA the province of Rio de Janeiro, where the quantity raised is very great, and is yearly increasing. It is likewise raised, but to a comparatively trifling extent, in the northern provinces ; also in some of the inland ones, particularly Minas Geraes. The cultivation of tobacco, formerly so extensive, is now on the decline ; the best is grown near Bahia. Rice is raised principally in the island of Santa Catharina, and in the provinces of Maranham and Para. The internal commerce of Brazil chiefly consists in conveying the produce of the country' to the seaports, and receiving European manufactures in exchange. Mules form the common means of transport, as the roads seldom admit of the use of carriages, and as yet there is no inland na- vigation. A number of large rivers intersect the country in various directions ; but very little is known regarding their capabilities. A company, under English direction, has however been re- cently formed at Rio de Janeiro for the survey and navigation of the Rio-doce. The foreign commerce of Brazil exceeds that of any other country of America except the United States, and is yearly increasing. The exports chiefly consist of coffee, sugar, cotton, and hides, besides tallow, horns, brazilwood, rosewood, fustic, tobacco, rice, indigo, ipecacuanha, sarsaparilla, castor-oil, castor-beans, tapioca, caoutchouc, nuts, gold and diamonds. The trade in brazilwood is a government monopoly, but the commodity is extensively smuggled. The chief markets for Brazil produce are, the United States, and in Europe, London, Liverpool, Ham- burg, Antwerp, Trieste, Havre. Lisbon, and Oporto. In 1838, the principal articles carried to Britain consisted of 10.373,713 lbs. coffee ; 201,780 lbs. cocoa; 24,464,505 lbs. cotton ; 86,515 cwts. sugar ; 28,463 cwts. bides ; 132 tons fustic ; and 10,469 lbs. tobacco. A considerable portion of the goods shipped to the other European markets is on English account, more particularly coffee and sugar, as these two articles cannot (owing to prohibitory duties) be introduced into the United Kingdom except for re-exportation ; such cargoes, however, are frequently sold in London by sample ; the vessels waiting their ultimate destination in the Channel. The imports consist of manufactured commodities of all kinds, tea, wine, oil, and provisions. The declared value of British manufactures and produce imported in 1827, according to the accounts of the British Board of Trade, was £2,312,109 ; in 1836, £3,030,532 ; in 1838, £2,606,604 : the last was chiefly composed of apparel, fcc. £11,576; arms and ammunition, £37,214 ; ale and beer, £7009 ; books, £1295 ; brassand copper manufactures, £25,595 ; butter and cheese, £106,221 ; coals, £4193; cordage, £3963; cotton manufactures, £1,657,702; earthenware, £35,275; glass, £19,393; hardwares and cutlery, £51,570; hats, £9862; iron and steel, £50,527; lead and shot, £20,043; leather, wrought and unwrought, £8164; saddlery, £2243 ; linen manufactures, £167,545; machinerv, £13,857; painters' colours, £8238; plate, £1717 5 silks, £12,869; soap and candles, £58,769"; stationery, £10,960; tinwares, £2090; woollen manufactures, £228,932; other articles, £58,857- A variety of articles of foreign and colonial produce are also imported from the United Kingdom : in 1838, the principal were 2528 lbs. cassia ; 29,107 cwts. flour; 00,707 pieces India cottons ; 1 1 , 164 pieces India silks ; 4612 lbs. pepper and pimento ; 536 lbs. quicksilver ; 1637 lbs. rhubarb ; 4050 galls, brandy ; 3906 galls, geneva ; 3824 lbs. tea ; 165,334 lbs. tobacco ; and 5683 galls, wine, chiefly Spanish and Portuguese; besides which a considerable portion of the imports from other countries are on English account : From France are imported wines, cottons, woollens, silks, saddlery, glassware, flour, books, stationery, jewellery, perfumery, and fancy articles: From Portugal, wine, oil, snuff, and a small quantity of linens: From the United States, about two-thirds of the flour, and nearly all the tea consumed in the country ; also ordinary cottons, wax and sperm candles, India goods, and a variety of rough articles of furniture, imple- ments of husbandry, &c. : From the Hanse Towns, furniture, coffee bagging, linens, paper, glass, provisions, &c. : From Belgium, cutlery, arms, copper and brass manufactures, &c. : From Spain, wine, oil, fruit, & c. : From Italy, macaroni, vermicelli, marble, &c. : From Holland, demyjohns, gin, cheese, &c. : From Sicily, wine: From Sweden, iron, tar, pitch, pine, boards, &c. : From Africa, negroes continue to be brought in immense numbers, notwithstanding the utmost vigilance of the British cruizers ; these are paid for chiefly in coarse muskets and gunpowder, imported expressly for this infamous traffic from England and Belgium ; and in the common cotton fabrics well known in the British manufacturing districts under the name of ' ' coast goods." The ship- ping craft employed in the slave-trade is imported from the United States. The total amount of exports is estimated at about £6,000,000, and the imports at nearly the same. Upwards of two-thirds of the whole foreign trade is in the hands of the British. The ports at which it is chiefly conducted, stated in their order from N. to S., are Para, Maranham, Pa- rr- iba, Pernambuco, Maceio, Bahia, Rio de Janeiro, Santos, and Rio Grande : the principal of tlie>e are the following : — Maranham in 2° 31' S. and 44° 19/ "W., lies on the island of that name, forming the S. E. side of the bay of Marcos ; pop. 30,000. The harbour is good and safe, but the entrance is difficult. Exports, chieflv cotton, sent for the most part to Liverpool, and rice and hides shipped to Portugal. The value of the imports in 1835 was £489,014 ; whereof in 23 British vessels £259,924 ; 35 Brazilian, £83,975; 18 Portuguese. £50,924; 19 Spanish, £23,193 ; 8 French, £27,547; 23 American, £32,194; and 3 Belgian, £11,257. In 1838, the value of the exports was £303,552; and of the imports, £414,002. Pernambuco, in 8° 3' S. and 34- 52' W., the capital of the province of that name, and one of the most flourishing ports of Brazil, comprises three distinct towns.which are built on sandbanks surrounded by the sea, and connected by bridges ; pop. including the adjoining city of Olinda, nearly 100,000. Exports, cotton, sugar, and hides ; the estimated value in 1835 being £951,808. The number of vessels that entered in the same year was 247 ; of which 59 were British ; the value of the British cargoes being in merchandise, £464,179 ; and in specie by packets, £35,821 ; total, faoo.ooa Bahia is situated in 13° 1' S. and 38° 32' TV. in the capacious bav of All Saints, with an excellent harbour ; pop. 130,000. The anchorage is abreast of the city, a mile and a half distant, in 8 to 12 fathoms. Bahia was formerly the capital of Brazil, and though now subordinate to Rio, is still a place of great consideration. It is strongly fortified, and possesses both public and private ship- building yards. Exports, sugar, cotton, coffee, hides, tobacco, fancv woods, and drugs. The imports in 1835 amounted to £1,412,521, of which £942,956 were from Britain. Rio de Ja?ieiro (formerly St Sebastian), in 22° 55' S., and 43° 9' W., is beautifully situated on the western side of a small bay, forming one of the most magnificent natural harbours in the world ; pop. about 200,000, two-thirds being blacks and mixed castes. The city lies about 4 miles from BRA 110 BRA the entrance to the bay. To the right on entering is the fort of Santa Cruz, within hail of which all vessels going into the harbour are required to pass, in order to answer any questions that may be put to them. Rio is the seat of more than one-half of the foreign commerce of Brazil ; and it has likewise a very extensive inland trade, particularly with the provinces of Minas Geraes, Goyaz, and Matto Grosso. It is the key to the mining districts, — furnishing all their supplies and receiving all their produce for shipment or other disposal. Exports, coffee, nearly 600,000 bags (each of 5 arrobas or 160 lbs.) ; sugar, about 20,000 cases (each from 1200 to 2000 lbs.) ; hides, No. 300,000; cotton, tallow, drugs, dyes, gold, and diamonds ; the imports, of manufactured commo- dities of all kinds, flour, dried fish, wine, and brandy. The value of foreign goods imported into ltio in 1836, according to a statement given in the Jornal do Commercio, was £3,839,379 ; of which from Britain, £2,005,543; France, £581,571; Portugal and her possessions, £281,885; United States, £225,353; Hanseatic States, £239,384; Uruguay, £96,857; Belgium, £73,789; Spain, £61,270; Sardinia, £56,223; Argentine Republic, £44,284; Holland and her colonies, £37,046; Sicily, £33,219; Sweden, £31,589; Chili, £26,135; Austria, £14,067; Sundries, £31,164. These imports are exclusive of negroes, of whom vast numbers continue to be brought from Africa to this port or the neighbouring coast. MEASURES, WEIGHTS, MONEY, FINANCES, &C. The Measures and Weights are nominally those I No silver or gold coins are at present in circu- of Portugal ; but there are some variations. In Iation. Before the introduction of paper money, trade, the following proportions are usually ob- ' the principal silver coin was the 960 rea piece, a served : 5 varas = 6 Imp. yds. ; 4 covados = 3 Spanish dollar restamped, worth 4s. 2d. : the Imp. yds. ; 99 Brazilian lbs. = 100 lbs. avoirdu- j principal gold coin was the piece for 4 $000, pois. At Rio Janeiro, 100 medidas = 73J wine, j worth 20s. l£d. or 61^ Imp. galls. ; and 12 alqueires = 13i Win- Bills are usually drawn on London at 60 days' Chester bushels. At Bahia, 1 Canada = 1| Imp. sight. galls. ; and 7 alqueires = 6 Winchester bushels. | Finances. — The public revenue for the year At Maranham, the alqueire = 1$ Winchester 1 1838-39 was estimated at $13,663,289, or about bushel. ! £2,732,658 ; and the expenditure for the same Money.— The integer of account is the rea, and i year (including $5,877,985 for the finance depart- 1000 reas make 1 milrea (1 $000), the value of Iment) at $13,622,696. The internal debt of the which fluctuates, being reckoned in depreciated ! empire is estimated at about £5,000,000. The government paper, or in a debased and irregular I Brazilian loans raised in England consist of copper money. The course of exchange with j £1,686,200 contracted for in 1824 at 75 per cent. ; London was recently quoted at Rio Janeiro, | £2,000,000 contracted for in 1825 at 85 percent.; where the paper money chiefly circulates, at only 31 d. per milrea. At the northern ports of Per- nambuco, Maranham, and Para, the currency is principally copper. A conto is 1000 $000. The paper money is in the form of imperial bank or rather treasury notes for one milrea and upwards, which are inconvertible ; and the cop- per mostly in pieces of 40, 20, and 10 reas. The amount in circulation was lately stated to be I and £800,000 contracted for in 1 829. These were raised by the issue of bonds for £100, £200, £500, and £1000 ; the whole bearing 5 percent, interest, payable half-yearly on the 1st April and 1st October. Duties.— The duty on all imports was fixed by treaty at 15 per cent, on the tariff value ; but now, in consequence of the alteration of certain charges, it is estimated at 20 per cent. The duties on exports vary at the different ports. The about 33,500 contos of paper, and 6500 contos I treaty with Britain by which the import-duty of copper money ; in all 40,000,000 $000. Va- 1 was fixed continues in force until November 10, rious projects have been brought forward for the j 1842, and further until notice given by one or reform of the Brazilian currency, but none has | other of the parties, in which case it expires at yet received the sanction of the government. the end of 2 years from the date of such notice. Brazil is said to have been discovered a. d. 1500 by Pincon, a Spanish navigator, one of the companions of Columbus ; but it was taken possession of in the same year by Pedro Alvarez de Cabral, an admiral of Emanuel, king of Portugal, by which country it was soon afterwards colonized. In 1808, in consequence of the invasion of Portugal by the French, the royal family removed to Brazil, and remained there till 1821. In 1822, Don Pedro, the crown prince of Portugal, who had been left by his father Regent of Brazil, was proclaimed emperor by the inhabitants ; and in 1823 a constitution was adopted. In 1831, an insurrection broke out, which led to the abdication of Pedro I. in favour of his infant son. [Portugal.] S BRAZILETTO. a kind of brazilwood (Casalpinia Brasilien-ns) of very inferior quality which grows in the West Indies. It is imported from the Bahamas and Jamaica. BRAZIL-NUTS, the seeds of Bertholletia excelsa, a remarkable plant, of which there are large forests on the banks of the Orinoco. About thirty of these nuts are contained in cells within a hard spherical fruit nearly the size of a man's head. They are wrinkled triangular substances, having pure white kernels or almonds, which form a delicious fruit when fresh, and also yield a large quantity of oil suited for lamps. They are exported to Europe from Para and French Guiana. BRAZILWOOD (Fr. Bois de Bresil. Ger. Brasilienholz. Por. Pao Brasil. Sp. Madera del Bresil), a valuable dye-wood, the product of a tree (Ccesalpinia echinata) which grows in various tropical countries, but is found in greatest abund- ance, and of the best quality, in the province of Pernambuco in Brazil, where it is known as pao de Rainha, or Queen's-wood, from being the subject of a royal monopoly. The tree commonly grows in dry places and amid rocks, and seldom exceeds thirty feet in height. The only valuable part is the heart, which, after being freed from the thick bark and white pith, is only about one-half of the J3RE 111 BRE bulk of the trunk. Brazilwood is ponderous and hard ; and when first cut is of a pale red, but becomes darker by exposure to air. It is variegated with irre- gular black spots, has a sweetish taste when chewed, and gives out its colour with water, a property by which it is distinguished from saunders-red or sandal. The thick and close-grained pieces are preferred. The wood is susceptible of a good polish, and is occasionally used by the turner and cabinetmaker, but it is chiefly employed as a red dye. It is often used for giving to silk a crimson hue, in the manufacture of red ink, and in the preparation of a brilliantly red lake. Price in bond from £50 to £85 per ton. BREAD is in this country made almost wholly from wheaten flour. It may be divided into biscuit bread and loaf bread. Biscuit bread is made solely from flour and water without undergoing any fermentation ; and after being kneaded, flat- tened out, and baked, is compact, heavy, and hard. Loaf bread is made by work- ing the flour into paste with water, yeast, and a little salt, allowing it to stand until a certain degree of fermentation takes place, and then baking it in an oven heated to about 488° Fahr. During the fermentation, a quantity of gas is formed, and as it is prevented from escaping by the toughness of the paste, and dilated by the heat of the oven, the bread is rendered light, porous, and soft. Many bakers add potatoes to the flour. This admixture neither injures the quality nor the wholesomeness of the bread; but adulterations which are not so innocent are some- times had recourse to, for the purpose of concealing the taste of damaged flour, or to make the bread white when formed of inferior flour. The use of alum is liable to this objection, as being positively injurious to health ; it is employed to lighten the dough. (See Dr Colquhoun on the Art of Baking Bread, Annals of Philo- sophy, vol. 28. Donovan's Domestic Economy.) The quantity of bread produced by the same weight of flour depends in some measure upon the properties of the corn. A Winchester bushel of wheat of fair quality, weighing (JO lbs., is usually calculated to yield 48 lbs. of household flour, which is the sort chiefly used for the manufacture of bread throughout England. When the assize of bread was fixed by the Lord Mayor of London, a sack of flour (280 lbs.) was calculated as sufficient to make 84 quartern loaves of 4 lbs. 5 oz. each. The bakers, however, admit that if the flour be of good marketable quality, it will make 86 such loaves, or 370 lbs. 14 oz. of bread, equal to 92^ loaves of the present weight of 4 lbs. each. Statutory Regulations. — In England (beyond the London district), and in Scotland, the baking of bread is regulated by the statute 6 & 7 Wm. IV. c. 37, the chief enactments of which are as follows : — Bakers must sell bread by weight (except French or fancy bread or rolls), under a penalty not exceeding 40s. ; and must use avoirdupois weight, under a penalty not less than £2 or more than £5 (§§4, 5). Bakers must keep scales in their places of sale, in order to weigh the bread when required, under penalties (§§ 6, 7). The regulations apply to bread made of flour, or meal, of wheat, barley, rye, oats, buck-wheat, Indian corn, pease, beans, rice, or pota- toes, and with any common salt, pure water, eggs, milk, barm, leaven, potato or other yeast, and with no other ingredient (§ 2). There are heavy penalties for adulteration (§§ 8, 9). The baking of bread in London is regulated by the acts 1 & 2 Geo. IV. c. 50, and 3 Geo. IV. c. 106; and in Ireland by the act 1 Vict. c. 28. These acts contain regulations similar to the above. In former times, the peasantry of these kingdoms used only bread made of rye, oats, or barley- meal, and that of wheat was exclusively devoted to the higher classes ; indeed, so prevalent was the employment of inferior substitutes "for this " staff of life," that in the description of a farmer's establishment as depicted in the " Vision of Piers Ploughman," supposed to have been written in the fourteenth century, we find " A few croddes and creyme, and a cake of otes, And bred for my bames of beanes and of peses," in common use by persons of that class. In later times, the increase of the comforts of life gra- dually introduced wheaten bread into more general consumption ; and now all other grain has nearly disappeared in the formation of our household loaf ; though the use of oat and barley cakes, and of oats in the shape of " stirabout " and " porridge," is indeed still common among the labouring classes of Scotland and Ireland ; while, in the north of England and some parts of Wales, a mixture of rye and wheat, under the name of " meslin," is usual among respectable families. In the north of Europe the use of rye-bread is still universal. BREAD-FRUIT-TREE {Artocarpus incisa) is a native of the South Sea islands, East Indies, and other tropical countries. It is about forty feet in height, having a trunk commonly from one to two feet in diameter, and a large umbrageous head ; it bears in about five years, and will probably continue prolific for fifty. The fruit, which, in the South Sea islands at least, is produced two or three or even four times a-year, is something like a roundish or oval melon, with hexagonal marks, and six or eight inches in diameter. The seedless variety is most esteemed, and its substance when washed resembles the crumb of wheaten bread. Mr Ellis, BRE 112 BRI the missionary, considers the bread-fruit as the staff of life to the South Sea islanders ; and Dr Solander called it " the most useful vegetable in the world," and urged that no expense should be spared in its cultivation. The mere idea of bread growing spontaneously was doubtless calculated to excite attention, — almost, perhaps, as strongly as the subsequent description of Byron : — " The bread-tree, which, without the ploughshare, yields The unreap'd harvest of unfurrow'd fields, And bakes its unadulterated loaves Without a furnace in unpurchased groves, And flings off famine from its fertile breast ; A priceless market for the gathering guest." The wood is useful, and equally so the gum that exudes from it. The bread-fruit- tree was introduced by the British government into the West Indies ; but it is not reckoned equal to the plantain as food. The species, culled jack or jaca (Artocarpus integrifolia), is a larger tree than the preceding, the trunk being, according to Roxburgh, from eight to twelve feet in circumference. The fruit is oblong and very large, sixty or seventy lbs. in weight. As an article of diet it is not much esteemed, though the natives of Ceylon eat it freely. Some other species grow to a large size, and yield valuable timber, in Bengal and Malabar. BREMEN, one of the Hanseatic republics, is situated on the river Weser, about 60 miles from its entrance into the North Sea. It consists of a town and small ter- ritory. Area, 67 British square miles ; pop. 57,000. The government is vested in a senate and convention of burgesses. The city of Bremen lies in 53° 4' N. and 8° 48' E., and is divided into two unequal portions by the Weser ; pop. 41,500. Vessels drawing not more than 7 feet come up to the town, and those drawing 13 feet may come up to Vegesack, about 13 miles below Bremen ; but large vessels do not generally ascend higher than Bremen Haven, lying on the E. bank, about 38 miles below the town. Bremen possesses considerable manufactories of refined sugar, tobacco, leather, and other articles; but its importance is derived from its being one of the principal continental ports for the warehousing and transit of foreign and German commodities. By the Weser, Werra, Fulda, and other channels, it receives produce and manufactured goods (particularly linens) from Hanover, Saxony, Hesse, and Westphalia ; supplying these places in return with tropical produce, British goods, and other commodities. About 700 vessels arrive annually, including nearly 140 from Britain, and nearly the same number from the United States. The imports in 1838 consisted of 14,498,000 lbs. coffee; 23,818,000 lbs. tobacco; 14,000,000 lbs. raw sugar ; 6600 bales cotton; 2,500,000 lbs. rice; 45.090 tuns train oil; 1,000,000 lbs. butter; 800,000 lbs. cheese; 1,180,000 lbs. hides; 200,000 lbs. tea ; 33,000 lbs. indigo; 11,000 hhds. wine; 500,000 lbs. linseed; with earthenware and other manufactured goods, grain, metals, dye-stuffs, spices, saltpetre, rosin, spirits, currants, tar, tallow, and a variety of articles of smaller value ; amounting annually in all to about 16,000,000 rix-dollars, or £2,633,280. The exports by sea amount to about 12,000,000 rix -dol- lars, and consist chiefly of linens to the annual value of about 3,500,000 rix-dollars ; tobacco and snuff about 6,000,000 lbs. yearly ; soap, starch, refined sugar, syrup, and other manufac- tures ; grain, hams, bacon, bones, bark, oil-cake, rags, chicory, quills, drugs, and lead. Of late years Bremen has likewise become the chief port for emigration from the Continent to America. Measures and Weights.— The ell of 2 feet = I Usance of bills from Germany and Holland, 22-76 Imp. inches, and 100 ells = 63i Imp. yds. 1 14 days' sight, and from England and France 1 The ahm of 20 viertels, 45 stubchen, or 180 month after date. Days of grace, 8; but none quarts, = 31 £ Imp. galls. ; 1 fuder of Rhenish ! are allowed on bills at sight, or from 2 to 5 days wine = 6 ahnis ; 1 ahm of French wine = 44 stubchens ; 1 tonne beer = 45 stubchens ; 1 tonne of train oil = 6 steckans, or 96 mingels. The last of corn of 4 quarts, 40 scheffels, 160 viertels or 640 spints, = 977 Imp. quarters. 16 ounces = 1 pound ; 14 lbs. = 1 lispond ; 116 lbs. = 1 centner = 127'44 lbs avoird. ; or 10 Bremen lbs. = 11 lbs. avoird. nearly. Gold and silver are weighed by the Cologne mark. Money. — The integer of account is the rix-dol- lar current of 72 groots, or 360 schwaren ; and 5 rixdollars are reckoned equal 1 Carl d'or, or old Louis d'or, worth about 16s. 5d. The par of exchange with London is thus nearly R.D. 609 = £100 ; and 1 R.D. = 3s. 3jd. BRENTA, an Italian liquid measure equal to nearly 16 Imp. galls. BRICK, a mixture of clay, with sand, ashes, or chalk, dried in the sun, and burned in a clamp, or baked in a kiln into a kind of artificial stone for the use of builders. They are made in very large quantities in England and Ireland ; but not in Scotland, where stone is the chief material for building. They are of various kinds, but are almost all moulded of one size, namely 10 inches long, 5 wide, and 3 thick ; and when burned, on an average 9 inches long, 4h wide, and 2.^ thick. The best slock-bricks ( those from the centre of the clamp, of an equal hard after sight. Banks, Finances, $c. — Bremen possesses, among other institutions, a bank, a discount office, and several insurance offices. According to the budget for the year 1838, the public revenue was R.D. 536,<»78 or £88,185, and the expenditure, R.D. 580,207, including R.D. 101,600 as interest, and R.D. 45,084 as sinking fund of the public debt. Duties.— The duty on all goods exported is only \ per cent, ad valorem ,• on all goods im- ported f per cent. The port and shipping charges are also very moderate. S BR1 H3 BRO texture and even colour) aro worth from 30s. to 40s. the 1000 ; the inferior soft red bricks, called place-bricks, from '20s. to 30s. ; and clinkers, or burrs, masses of vitrified brick, about 10s. a-load. Dutch clinkers are small hard yellow bricks. Malm-stocks are carefully tempered bricks made from clay, to which ooze, chalk, or marl is added ; they are of a fine clear yellow colour, and are used for facing walls and making arches over doors and windows ; the softest kind are called cut- ters, from their admitting of being cut with the trowel. Fire bricks are kiln-burnt, from a peculiar kind of clay found in perfection at Windsor, Stourbridge, and in various parts of Wales, whence the varieties derive their names. These last, some- times called Welsh lumps, stand an extreme heat, and are made of large sizes for sugar-boilers, brewers' coppers, and other purposes. The duty on bricks was repealed in 1850; it was charged at the rate of 5s. lOd. per 1000, more or less, according to the size and polish of the bricks. It was an impolitic tax like all taxes on buildings materials, and was first imposed in 1784 by Mr. Pitt. The construction of railways and vast increase of house-property and manufactories, has augmented immensely the consumption of bricks. In England, the number charged annually with duty was about 1.500,000,000; in Scotland, 40,000,000; total, about 1,540,000,000; yielding of duty about £450,000. The quantity made in Ireland is not known, as no duty was" exigible in that part of the United Kingdom. BRIGANTINE, or BRIG, a vessel with two masts, square rigged in the same manner as a ship ; the spanker and spanker-boom being in the brig attached to the mainmast. [Ship.] BRILL, a flat fish {Rhombus vulgaris), similar to turbot, but smaller and infe- rior in quality. It is plentiful on our southern coast, and is brought in abundance to the London market. BRIMSTONE. [Sulphur.] BRISTLES (Ger. Borsten. Rus. Schtschetina), hard, strong, shining hairs, which form the manes of wild boars and hogs, and are imported from Russia and Prussia for the use of brushmakers, shoemakers, and saddlers. About 1,700,000 lbs. are annually entered for home-consumption. S BRITANNIA-METAL, a compound of tin, the regulus of antimony, copper, and brass, extensively employed in Sheffield and Birmingham, especially the for- mer, in the manufacture of teapots, spoons, and a variety of other articles. All wares that were formerly made of pewter, and most of those now made of silver, or which are plated, are imitated in Britannia-metal. The articles made of it possess considerable beauty, and are very cheap ; and when sufficiently massive, thev are also very durable." BROCADE, a fabric composed of satin, striped or purfled with gold or silver. It was at one time used for dress, but more lately for ornamental furniture. None has been manufactured in the United Kingdom for many years. The last is said to have been some very elegant pieces woven at Spitalfields, to be used as chair bottoms at Carlton House, for his Majesty King George IV. BROKER, a person employed as an agent or middleman to transact business between merchants or other individuals. Brokers generally confine themselves to negotiations for the purchase and sale of some particular articles, by which means they acquire an intimate knowledge of their qualities, as well as an ac- quaintance with the sellers and buyers, and the state of supply and demand; and they are thus enabled to negotiate between dealers on terms equitable for both. A merchant seldom has the same intimate knowledge for his guidance, and there- fore generally finds it advantageous to effect his purchases and sales through the medium of brokers. Brokers are, however, of different kinds, as, besides the ordinary commercial or produce brokers, there are ship-brokers, insurance-brokers, bill-brokers, and stock-brokers. A commercial broker is a person who makes it his business to find purchasers for goods offered for sale, and vendors of goods wanted on purchase, thus becoming the medium through which transfers are accomplished. Brokers in London require, by 6 Anne, c. 16, to be admitted by the mayor and aldermen, who have a general superintendence over them, and are entitled to enforce certain regulations which they were empowered by that act to frame. By local act 57 Geo. III. c. 60, they must pay an admission fee of £5, and the sum of £5 annually ; and are liable to a penalty of £100 for acting without being duly admitted. In England, a broker is agent for both parties, under the section of the statute of frauds (29 Ch. II. c. 3, § 17), which renders it necessary that in sales where the price exceeds £10, some writ- ing should pass between the parties or their agents. The writing in this case i3 the ii BRO 114 BRU bought-and-sold notes, which are notes of the bargain delivered by the broker, one to each party. " With respect to contracts made through a broker," says Mr Starkie, " it is now perfectly well settled that the bought-and-sold notes are, if they correspond, evidence to bind the bargain, although the broker has not signed a formal entry in his book, secus if they do not correspond. Although it be clear that an entry signed by the broker is not essential to the validity of a contract where formal bought-and-sold notes have been delivered, it is another question whether the broker's entry of the contract, signed by him, would be sufficient in the absence of sufficient bought-and-sold notes " (Law of Evidence, ii. 869, 870). Formerly the entry in the broker's book was held to be the contract, the bought-and-sold notes being merely transcripts of it, but the rule has latterly been to place dependence on the latter where they exist. " There is not," says Professor Bell, "in Scot- land any necessity, as by the practice of England, for a signed note to be entered in the broker's book " (Bell's Principles, § 89). Where the name of the purchaser has not been communicated, the seller may withdraw where the price is not for ready money, if he give speedy warning after inquiry into the condition of the purchaser. (Morton on Vendors and Purchasers, 76-78. Smith's Mer- cantile L. 411, 412. Starkie, ut supra. Bell's Com.i. 435, 436.) [Factor. Lien.] Ship-brokers are persons who undertake the management of all business matters occurring between the owners of vessels and the shippers or consignees of the goods which they carry; such as procuring cargo or a charter for outward-bound ships, entering and clearing them at the custom-house, and collecting freight on the goods which vessels bring into port. Many ship-brokers act also as insurance- brokers, in which capacity they procure underwriters to policies of insurance, ad- justing with the latter the various conditions under which they engage to take the risk, and recovering the sums for which they are responsible in the event of loss. [Insurance. Policy.] For an account of the duties of bill-brokers and stock-brokers, see the heads Exchange and Funds respectively. Persons who deal in old household furniture are also called brokers, though their occupation bears no analogy to that of any of the commercial agents above men- tioned. In England, such persons frequently superadd to their business the ap- praising and distraining of goods, for the performance of which functions, however, they must provide themselves with an excise license, and conform to the regulations of the act 57 Geo. III. c. 93. The business of a pawnbroker is also different from those already noticed. [Pawnbroker.] BROKERAGE, the per centage charged by brokers for the sale or purchase of goods, bills of exchange, or stock. [Commission.] BROMINE,a substance obtained by a chemical process from the uncrystallizable residue of sea-water, commonly called bittern. It is a liquid of a deep reddish- brown colour, and disagreeable suffocating odour. Sp. gr. 3. It is highly poison- ous. Bromine was discovered by M. Balard of Montpellier in 1826. The alcoholic solution of bromine, and the bromide of sodium are employed in medicine. (Brande's Chemistry.) BRONZE, an alloy consisting of from 8 to 12 parts of tin, with 100 of copper. It is sometimes called gun-metal ; and is used for casting statues, cannons, and other purposes. BRONZE-POWDER. [Mosaic Gold.] BROOM, a small, hardy, evergreen tree (Spartium scoparium), common in this country. The wood is used for pins, pulleys, and snuff-boxes ; when of sufficient size it is also applicable to the same purposes as laburnum, which, except in colour, it closely resembles. The branches are used for thatching. The flowers of the species called dyer's broom (Genista tinctoria) yield a bright yellow colouring matter, which is used in dyeing wool. Broom, a well known utensil, so called from having been originally made from the twigs of the broom-tree. BRUNSWICK, a German duchy, consisting of several detached portions of ter- ritory on the rivers Weser, Leine, Ocker, and Aller, between lat. 51° 38' and 52° 59' N., and long. 9° 10 and 11° 22' E., and is contiguous to Hanover and Prussia. Area, 1505 square miles ; pop. ( 1839) 260,000. Circles : Brunswick, Wolfenbuttel, Helm- stedt, Gandershcim, Holzminden, Blankenburg. Capital, Brunswick; pop. 35,000, chiefly Lutherans. Government, a constitutional monarchy, regulated by the national compact called the Landschaft's-Ordnung, of the 12th October 1832. The northern districts, particularly Wolfenbiittel, have an undulating surface, and their soil is highly productive; the southern, including the Blankenburg territory, which lie within tho BRU 115 BUD limits of the ITarz, are composed of a succession of mountains, in part well wooded, and studded with highly cultivated valleys. The aspect of the whole of the duchy is indicative of good order and prosperity. The principal articles of home manufacture exported, are timber, yarn, linen, grain, oil, chicory, madder, leather, hops, and ironware, amounting to about £150,000 per annum. The chief imports are colonial produce, raw materials, fish, butter, cheese, and cattle. Having no coast, and, except the Weser, no navigable streams, the foreign trade of the duchy is naturally cramped ; but a customs league exists with Oldenburg and Hanover, which opens to her the communication with the German Ocean by means of the Elbe and the Weser ; and the transit trade between the Hanse Towns and the interior of Germany is a considerable source of emolu- ment. Two fairs are held annually at the town of Brunswick ; they begin on the Thursdays that fall nearest to Candlemas and St Lawrence's day, and each lasts about ten days. Measures and Weights.-— The ell of 2 feet = 22-46 Imp. inches. The wine ahm of 40 stub- gens = 32-28 Imp. galls. The corn wispel of 4 scheffels or 40 himtens = 34-20 Imp. bushels. The centner of 114 lbs. = 117 lbs. 6 oz. avoird. ; and 100 Brunswick lbs. = 103 lbs. avoird. Money. — The integer of account is the Prus- sian dollar of 30 silver groschen = 2s. 10|d. ster- ling. Finances.— Revenue, after deducting the civil list expenditure, about £145,000 per annum. Debt, £495,000. S BRUSHES (Fr. Brosses. Ger. Bursten. It. Setole, Spazzole. Por. Escovas. Rus. Schtschetki. Sp. Brozas, Cepillos), cleansing instruments, generally made of bristles set in wood. BUBBLE, a name familiarly applied to any chimerical or fraudulent commercial project carried on for the purpose of enriching the projectors at the expense of those who subscribe for shares. The mischief produced by the South Sea scheme and other gambling projects, in the years 1719 and 1720, led. to the passing of the statute 6 Geo. I. c. 18, commonly known as the Bubble Act, prohibiting companies of this description tending to the prejudice of the public. The difficulties inseparable from the construction ofthis act (which never seems to have been observed) were removed in 1825, when it was repealed by the statute 6 Geo. IV. c. 91 ; and the projectors of bubble companies are now punishable only when they can be deemed guilty of fraud at common law. BUCHU, a low shrub (Diosma crenata) found at the Cape of Good Hope, the aromatic leaves of which, reputed to be powerfully antispasmodic, are an article of the materia medica. BUCKBEAN, or Marsh-trefoil, a plant (Menyanthes) common in this country, the flowers of which are an article of the materia medica. BUCKLE (Fr. Boacle. Ger. Schnalle). The buckle manufacture long ranked as one of the great staples of Birmingham, and its mutations through all the capricious and fantastic varieties of form and ornament which prevailed during the age of powder, embroidery, and gold lace, would furnish materials for an interesting work. The shoe-buckle having at length been completely supplanted by shoe- strings, the manufacture lost all its importance. In 1791, his late Majesty George IV., then Prince of Wales, attempted, at the solicitation of the manufacturers, to re- vive the taste for buckles ; but the tide of fashion set too strongly in the opposite direction to be controlled even by the example of royalty. BUCKRAM (Fr. Bougran. Ger. Schettre. It. Tela collatao gommata. Por. Olandilha. Sp. Bucaran), a coarse kind of linen or cotton fabric, having a peculiar stiffness imparted to it by strong gum and calendering, and chiefly used in the making of clothes to keep them in the proper shape. Buckrams are f wide ; when formed of cotton they are generally in pieces of 28 yards in length ; when of linen, 25 yards. (Perkins on Haberdashery.) BUCKWHEAT, or BRANK (Fr. Ble Sarrassin. Ger. Buchweizen. It. Grano Saraceno. Por. & Sp. Trigo Saracino), an annual plant (Polygonum fagopy rum), a native of a warm climate, which grows with a strong branching stem of a reddish colour, about 2 feet high, and the seeds of which, when ground, produce a fine farina which in appearance resembles that of wheat. Its cultivation has never been very extensive in the variable climate of Britain. In England a little of it is cultivated in Norfolk, Suffolk, and some other counties, on light and poor soils ; in other parts it is ploughed down as a manure while in flower. In Scotland it is seldom cultivated except for feeding pheasants and other game. " On the Con- tinent it is used in the distillery, and its flour made into bread, which is palatable and nutritious. In France it is given to horses, and it is said that a busnel of its grain goes farther than 2 bushels of oats ; and, if mixed with four times its bulk in bran, will be full feeding to any horse for a week. Its straw is said to be more nourishing than that of clover, and its blossoms form a rich repast for bees. The produce may be reckoned about 4 qrs. per Imp. acre " (Laivson's Agriculturist's Manual). The quantity annually imported is of trifling amount. . BUDGET, a name applied to the annual statement of the public revenue and BUE 11G BUE expenditure submitted by the Chancellor of the Exchequer to the House of Commons. The accounts which accompany the statement show on the one hand the sums required for the public service during the year, under the heads of Navy, Army ; Ordnance, and Miscellaneous Services, together with any incidental charges ; and on the other hand are given the Ways and Means for meeting the same, consisting of the surplus (if any) of the Consolidated Fund, the annual duties, and such incidental receipts as come in aid of the national revenues. These accounts are, however, de- fective, and not readily understood, as the interest of the national debt and other permanent charges are not included, and nothing is stated regarding the produce of the permanent taxes, which form the consolidated fund, except the amount of its surplus or deficiency, after providing for the permanent charge upon it. BUENOS AYRES, ARGENTINE REPUBLIC, or States of the Rio de la Plata, a South American confederation, whose territories embraced the vast country lying between lat. 22° and 41° S., and long. 57° and 70° W., formerly part of the Spanish viceroyalty of Buenos Ayres. Area, 910,000 square miles ; pop. 700,000, chiefly Indians and mixed races. The confederated states were Buenos Ayres, Entre-Rios, Corrientes, Santa Fe, Cordova, Santiago, Tucuman, Salta, Catamarca^Rioja, San Juan, San Luis, Mendoza, with capitals of the same name, excepting Entre-Rios, of which the chief town is Baxada. This confederacy was dissolved some years ago by civil disputes, and the country remains in a divided condition. Buenos Ayres being the leading, and the only maritime state, its acts are often considered abroad as those of the whole country. The chain of the Andes runs along the whole western boundary, and the country for several hundred miles to the east of this chain is generally mountainous. The territory E. of the river Parana is waving, well-watered, and fertile ; but the district between that river and the moun- tains, and extending from N. to S. through the whole length of the country, consists of extensive plains. In the N. these plains are in many parts liable to be overflowed ; in the S. they are called pampas, and are remarkably dry and destitute of trees. Mines of the precious metals exist in the states adjoining the Andes, particularly from Mendoza northwards ; and the extensive districts between the Paraguay and the mountains abound in salt. The country is however chiefly celebrated for the countless herds of wild cattle and horses which roam in the vast natural pastures of the plains, and whose hides and tallow at present constitute the chief source of wealth. The grounds in the vicinity of the towns are in general cultivated, producing wheat, maize, and barley, together with the sugar-cane, orange, cocoa, fig, olive, and vine. The external commerce of the country is conducted entirely at the town of Buenos Ayres, which is the outlet for the produce not only of the whole valley of the river Plata, but also of large districts of Peru and Chili. It is afine healthy town, situated in lat. 34° 36' S., long. 58°24'W., on the S. W. side of the estuary of the Plata, about 180 miles from its mouth; pop. 70,000. The river is here 35 miles broad, but so shallow towards the S. bank that large vessels have to unload by means of lighters in the outer roads, distant 8 miles from the port ; while small vessels cannot approach nearer than the inner roads, distant about 2 miles : even open boats cannot be brought close to the beach, and have to land goods and passengers in rudely constructed carts. The Exports chiefly consist of ox-hides, with jerked beef and sheep's wool ; the last has risen into importance only within these few years. In the year 1837, according to Sir Woodbine Parish (Parish's Buenos Ayres, p. 354), the exports were as follows :— Ox-hides, No. 823,635, value §3,294,540 ; jerked beef, 178,877 quintals, value $446,092; sheep's wool, 164,706 arrobas (of 25 lbs.), value $329,412 ; silver, Spanish dollars, No. 258,743, marks, No. 4881 ; gold, 22,361 oz. ; horse-hides, No. 25,367; horns, No. 434,456; horse-hair, 70,372 arrobas ; nutria-skins, No. 51,853; tallow, 100,249 arrobas ; sheep-skins, 56,188 dozens; flour, 14,069 fanegas; corn, 4150 fanegas; besides a variety of smaller articles, amounting altogether to 5,637,138 Spanish dollars, or about £1,127,427 sterling ; to which Sir W. Parish thinks about 20 per cent, may be added on account of short manifests by the shippers. All these articles are exported to Europe except the jerked beef, which goes to Havanna and Brazil ; the corn and flour to the last mentioned country ; and a considerable portion of wool and sheep-skins, which are carried to the United States. The ex- ports to Britain chiefly consist of hides, wool, nutria-skins, and tallow. Antwerp is the principal market on the continent of Europe for the hides of Buenos Ayres. The Imports in 1837 amounted to about £1,400,000 sterling, of which those furnished by Great Britain constituted nearly one half ; the declared value of the produce and manufactures of the United Kingdom sent to the states of La Plata, including Monte Video, having been in that year £696,104 ; while on an average of the ten preceding years, 1827-1836, the amount was £556,080. The imports from Britain chiefly consist of cottons, especially plain and printed calicoes, which are now become of the first necessity to the lower orders ; also of linen, woollen, and silk manufac- tures, ironmongery, cutlery, coarse and fine earthenware, glass, tea, foreign brandies, and wines : From France are imported articles of luxury rather than of necessity, such as superfine cloths and linens, merinos, cashmeres, silks and cambrics, lace, gloves, shoes, looking-glasses, combs, jewel- lery, and all sorts of made-up finery ; the whole amounting in 1836 to £231,373: From Belgium, arms : From Holland, gin, butter, cheese, hams : From the Baltic States, iron, cordage, canvass, pitch, tar, and deals. The Mediterranean trade is principally in Sicilian and Spanish produce, especially the cheap wines of Sicily and Catalonia, of which from 10,000 to 12,000 pipes are taken yearly, brandies (1000 pipes), olive oil, macaroni, and dried fruits : in amount this trade is fully equal to that from France, or from the North of Europe. From the United States are brought flour, coarse unbleached cloths, spirits, soap, sperm candles, dried and salted provisions, tobacco, ordinary furniture, and deals, amounting yearly to about £140,000 : From Brazil, tobacco, sugar, coffee, rice, and yerba mate" or Paraguay tea : From Havanna, sugar, coffee, aud tobacco. About 240 vessels enter the port of Buenos Ayres annually. BUF 117 BUL The Plata is navigable for ships to Assumption, the capital of Paraguay, about 1000 miles from its mouth ; and for small craft to the 18tb degree of south latitude. From Paraguay immense quantities of yerba mate are brought to Buenos Ayres packed in hides, and distributed throughout Chili and Peru. These countries are besides partly supplied by Buenos Ayres with European manufactures. Measures and Weights same as Spain. Money. — The integer of account is the current dollar, which is divided into 8 reals, each of 16 quartos, or 34 maravedis. The circulating me- dium is principally composed of government paper money, which, by its overissue, has depre- ciated the value of the current dollar to about 5d. sterling. Some copper money is also in cir- culation. The silver dollar coined by the Argen- tine Republic was of the same weight and fine- ness as the Spanish hard dollar. Finances. — These are in a deplorable condition owing to the late hostilities with Brazil and France. In 1836, the revenue was estimated at $12,000,000 currency, which was quite insuffi- cient to meet the ordinary expenditure of the state. The amount of funded debt unredeemed (6 per cents.), in the same year was $35,917, 166 cur- rency; besides, the English loan for £1,000,000 sterling, the interest on which (6 per cent.) has been unpaid since January 1828; and the amount of the bank issues in circulation, about$20,000,000 currency. These accounts, though ex facie national, relate to the province of Buenos Ayres alone: the other provinces, containing |ths of the population of the republic, contribute nothing towards the general expenses, though most of them manage to support their petty provincial administrations. A Treaty of Commerce between Great Britain and the United Provinces of Rio de la Plata was executed on 2d February 1825 : it was the first treaty entered into by any European power with the new republics of America. S The Plata was discovered by Juan Diaz de Solis, a Spaniard, in 1512 ; and in 1534 the country was conquered by Mendoza, who founded the city of Buenos Ayres. In 1/78, the province of Buenos Ayres, which had hitherto been a dependency of the Spanish viceroyalty of Peru, was to October 1840 Buenos Ayres was blockaded by the French. BUFF, a kind of leather generally prepared by dressing buffalo-skin with oil, after the manner of shammy. It is also made from the skins of other animals. BUGLES, a species of glass beads, formed into small capillary pipes, broken into various lengths. They are imported in large quantities from the Levant. Duty is paid on about 40,000 lbs. annually, and a considerable quantity is likewise re- exported to Africa and Asia. BUILDING SOCIETIES. [Friendly Societies.] BULLION, a term strictly applicable only to gold and silver in an uncoined state, but of late used commonly to denote the precious metals in general. No commodities being so permanent in their value, so uniform in their quality, and so easy of transport as gold and silver, these metals, besides their extensive use in the arts, have been employed from a very early age in the form of coin, as a measure of the value of other commodities ; and their employment for this purpose is at present nearly universal. The precious metals were in ancient times derived from a great variety of sources, but since the discovery of America they have been obtained principally from the Central and Southern part of that continent. According to Humboldt, the average annual supply procured thence from 1492 to 1500 was £52,083 ; from 1500 to 1545, £625,000 ; from 1545 to 1600, £2,291,666 ; from 1600 to 1700, £3,333,333 ; from 1700 to 1750, £4,687,500 ; from 1750 to 1803, £7,354,166 ; and at the commencement of the present century, £9,062,500. The revolutionary tumults in the Spanish American colonies in 1810 led to so great a dilapidation of the mines, that their produce was lessened by one-half ; the average annual supply from 1810 to 1830, according to Mr Jacob, being only £4,036,838. In 1825, a number of joint- sto^k companies were formed in Britain for the purpose of working the mines ; bu*. thc^ operations were conducted with so little skill that for several years no obfervable it.. urease took place on the annual supply of the precious metals ; and thongb. the case is now somewhat different, yet the prospect of the South American mines being rendered equally productive as before, is distant and uncertain. Of late years new sources of supply as regards gold have been discovered in the United States and Russia. In the former gold was discovered in North Carolina in 1804, and afterwards in Georgia ac* other states ; but the produce realized was trifling until 1830, when about £97,083 were minted, exclusive of an equal amount supposed to have been consumed or exported in an uncoined state. The produce has since been considerably increased ; but well-informed persons are opposed to the opinion that any permanently extensive supply can ever be de- rived from that quarter. In Russia the case is "different. The gold mines of that country, situated in the Uralian Mountains, yielded, in 1820, 1938 lbs. avoird. ; BUL 118 BUL and their produce has since progressively increased. In 1835 it amounted to 10,620 lbs., value £645,165 ; and most accounts concur in representing the supply as likely to prove lasting as well as abundant. At present the total annual pro- duce of America, Europe, and Asia may be estimated as follows : — Country. Principal Localities. Gold. Silver. TotaL Gold. Sierra Madre Silver. Real del Monte £ 100,000 15,000 375,000 30,000 40,000 200,000 200,000 £ 2,300,000 50,000 8,000 950,000 400,000 300,000 £ 2,400,000 65,000 383,000 980,000 440,000 500,000 200,000 Central- America. . . . Pataz, Huailas Tipuani River Pasco Potosi Copiapo United States 960,000 150,000 140,000 650,000 4,008,000 4,968,000 . . . . 1 150,000 450,000 680,000 170,O00| 820,000 Transylvania, &c Ural Mountains Borneo, China Hungary, &c Altai Asiatic Russia Rest of Asia China 1 ,900,000 1,235,000 3,135,000 4,628,000 6,528,000 915,000 2,150.000 Total, 5, .043,000 8,678,000 No notice is taken of Africa, as the former reports of its produce appear to have been grossly exaggerated ; and it may now be well doubted whether the supply derived from that part of the world is more than equal to the consumption. Ihe estimates for Mexico, Peru, Bolivia, Chili, United States, and Asiatic Russia, are founded on returns by the British consuls in those countries,— allowance being made for the quantities raised in Peru and Chili, and exported clandestinely. The esti- mates for the other countries are chiefly founded on statements made by Mr Jacob and Mr John Crawfurd. So much uncertainty, however, attends all calculations of this kind, that the preceding summary, and more especially the part which has reference to the portion of Asia not subject to Russia, is to be regarded merely aa a loose approximation. Vague as are all estimates regarding the production of the precious metals, those regarding their consumption are much more so, there being no data upon which to found any calculation of the proportions used for coin and in the arts, or of the supply obtained for these purposes by the fusion of old plate. Humboldt estimated the quantity of gold and silver annually consumed in Europe, exclusive of that used for coin, at £3,500,000. Mr Jacob's estimate, in 1830, of the amount applied to ornamental and luxurious purposes, was as follows : — Great Britain, £2,457,220; France, £1,200,000 ; Switzerland, £350,000 ; rest of Europe, £1,605,490 ; America, £280,630 ; total of Europe and America, £5,893,340 ; or, after deducting l-40th for that supplied by the fusion of old plate, to £5,746,006. Adding l-5th of this for Asia will make the total consumption of Europe, America, and Asia, exclusive of that used for coin, £6,895,207. The quantity required to serve as coin depends upon a great variety of circum- stances,— such as the wealth and population of the different countries of the world, the extent to which their currency has been economized by the use of paper-money, and by the art of banking, the waste of coins by abrasion, and their loss by acci- dent, and by the practice, common in uncivilized countries, of burying treasure. Of these the most important as regards the consumption of the precious metals is the loss by abrasion. According to recent experiments at the mint, this appears to be upon British silver coin about 5s. and upon gold Is. 3d. per cent, per annum ; but on the general amount of coin throughout the world it cannot be reckoned at less than 5s. per cent, upon both, — the foreign silver-money being about four times that of gold in amount, and inferior in fineness to British silver. The whole amount of the precious metals in the world is estimated by Mr Senior at two thousand mil- lions sterling. No estimate has been formed of the amount existing in the form of coin ; but the annual loss by abrasion and otherwise can scarcely be assumed at less than £2,000,000. This, added to the amount used for other purposes, would raise the total annual consumption of gold and silver to £8,895,215, a sum nearly equal to the annual supply. It has to be observed, however, that Mr Jacob's esti- mate of the annual consumption for other purposes than coin is by many supposed to be greatly exaggerated : his allowance of only l-40th for the fusion of old plate is also considered to be much too small. The value of gold and silver, like that of all other commodities, is regulated by the amount of capital and labour required to bring them to market,— in other BUL 139 BUO words, by their cost of production. If this could be reduced, their value would fall, and the money value of other commodities would proportionally rise : if, on the other hand, their cost of production were to be augmented, their value would be increased, and the money value of other commodities would proportionally fall. Any fluctuation, therefore, on the value of gold or of silver, according as the one or the other has been adopted as the standard, is necessarily productive of a cor- responding variation in bullion prices, and a proportionate derangement of all ex- isting contracts. The influence of a reduced cost in obtaining the precious metals upon bullion prices, has been experienced since the discovery of America, where the mines have yielded those metals with so much less labour than the mines pre- viously worked in the Old World, that gold and silver have fallen to one-third of their former value, and bullion prices have been raised to three times their former rate. This effect did not, however, take place at once, but gradually, and was not fully realized until about the close of last century. The natural tendency of the defalcation in the produce of the Spanish American mines after 1810 was to reduce bullion prices ; and by many persons the remark- able fall, which occurred in Europe after the close of the war, is in part attributed to this circumstance. It would appear, however, that this decline can be accounted for by increased facility of production, or by other causes affecting each particular commodity ; " that no direct influence of the defalcation of the produce of the mines is to be traced in the late fall of prices ; and that consequently the presumption must be, either that the mass of the metals is so large as to render what might otherwise appear to be considerable variations of supply, imperceptible in general prices, or that circumstances affecting their functions and distribution have coun- terbalanced these variations " (Tooke an Prices). Of the latter, perhaps the most important were the immense quantities of plate and hoarded treasure exported from South America to Europe by the loyalists and others during the civil dissen- sions, and the cessation of the drain of silver from Europe to China and India, and an inversion of the stream by an importation which is still taking place. It must be admitted, however, that", all other circumstances being the same, if the produce of the mines had not fallen off, prices would now be higher in some proportion to the larger supply of the metals. Gold and silver are subject to fluctuation in their relative value towards each other as well as to other commodities. More labour and capital have always been requisite to bring a given quantity of gold to market than the same quantity of silver, and the value of the former has in consequence been always much greater than that of the latter ; but the proportion in which gold has exceeded silver in value has varied at different times. Among the Romans gold to silver seldom varied more than from nine to eleven for one ; nor did the relative value of the metals fluctuate more down to the time when the Spanish American mines were brought into full activity. Since that period the comparative value of the two kinds of metal has been gradually changed, and gold is now become rather more than \5h times as valuable as silver. Gold is the standard of value in this country, and it is regularly purchased by the Bank of England at the rate of £3 : 17 : 9, and issued at the rate of £3 : 17 : lOh per ounce of 22 carats (ll-12ths) fine ; its price may therefore be regarded as fixed. Silver, however, though the standard of value in most foreign countries, is here used merely as a subsidiary currency, and its price is therefore regulated by the state of the exchange. For some years past it has varied little from 5s. per ounce of the fineness of 11 oz. 2dwts. (37-40ths). Gold bullion occurs chiefly in the form of bars or doubloons, silver bullion in that of bars or dollars. The bullion trade of the United Kingdom is almost wholly confined to the Bank of England and a few private merchants in London. Bullion is chiefly imported by the government packets and ships of war, the charges attending which are detailed in the Navy List. The exportation and importation of bullion in this country is free ; and by 3 & 4 Wm. IV. c. 52, § 2, it may be landed without report entry or warrant. [Coin. Exchange.] s BULRUSH, a plant (Scirpus laenstris) much used for putting between the staves of barrels, and for chair-bottoms and matting. It is imported from Russia and Holland ; but it might be profitably grown in marshes in this country where the soil is not very peaty, and of rather superior quality ; particularly on the banks of rivers which are flooded by fresh water tides. A load of bulrushes consists of 63 bundles. BUOYS (Fr. Boutes. Ger. Ankerboyen. It. GavilelU. Sp. Boyas) arc floating BUR 120 BUT pieces of wood or cork moored to some certain spot, in order to point out the course that a vessel should follow ; they are also used to mark the situation of ships' anchors, — the former heing denominated public, the latter private buoys. The public buoys on the English coasts are under the control and management of the Trinity House, Deptford-Strond; and those of Scotland and Ireland are under its supervision (6 & 7 Wm. IV. c. 79). Small tonnage duties are charged on the shipping for the maintenance and repair of the public buoys. [Lighthouse.] " Every person who shall ride by, make fast to, or remove, or wilfully run down, or run foul, of any vessel placed to exhibit lights, or any buoy or beacon, belonging to, or placed by, any cor- poration, or society, having lawful authority to place the same, shall, besides being liable to the expense of replacing or making good any damage occasioned thereby, forfeit for every such offence any sum not exceeding £50, nor less than £10." (6 Geo. IV. c. 125.) Private buoys are protected by the act 1 & 2 Geo. IV. c. 75. BURDOCK, or CLIT-BUR, a biennial indigenous plant, common in unculti- vated places, the roots of which being esteemed aperient, diuretic, and sudorific, are used in medicine. The roots are collected in spring, and lose four-fifths of their weight by drying. BURGUNDY PITCH, the resin of the spruce fir (Pimis abies), is usually in softish masses of an aromatic odour, and a pale yellowish brown colour, often in- termixed with white streaks, and occasionally in rounded masses, or tears, which have spontaneously exuded from and dried upon the trees. This resin is likewise obtained by incision of the bark; the different portions, being collected, are dissolved in boiling water, and cleansed by pressing through canvass cloths. Burgundy pitch is imported from Saxony and the north of Europe. Its only use is as an in- gredient in some plasters. Price in bond, 18s. to 25s. per cwt. Common or spurious Burgundy pitch manufactured in this country is detected chiefly by deficiency in the peculiar odour and viscidity of the genuine resin. BUSHEL, a British measure of capacity used for seeds, corn, and other dry foods ; it is equivalent to 4 pecks, 8 gallons, or to one-eighth of a quarter. The mp. bushel measures 2218*192 cubic inches, or 36*348 French litres ; and the Winchester, or old English standard corn bushel (still employed in the United States and elsewhere), measures 2150*42 cubic inches, or 35*237 litres; hence 33 Winchester bushels equal 32 Imperial nearly. The bushel, heaped measure, for- merly used for coals, lime, fish, potatoes, and other commodities, contained 2*217*6 cubic inches ; but when heaped in the form of a cone above the brim, 2815^. Besides the Winchester bushel, a variety of other bushels were in use in different parts of Eng- land for corn ; these differed greatly in size ; thus, the Herefordshire bushel contained 10 gallons, the Berkshire bushel 9 gallons, and the Cornwall bushel 24 gallons. In some parts of the north of England, 6 bushels were termed a boll; in others, this denomination was applied to a smaller number of bushels. A detailed account of all these local measures will be found in the Second Report of the Parliamentary Commissioners on Weights and Measures. BUSS, a cutter-built vessel, in size varying from 50 to 80 tons, employed in the Scotch and Dutch herring fishery. BUTT, a liquid measure in the old English system. The ale or beer butt con- tained 108 ale gallons; the wine butt 126" wine gallons. The standard gauge of the butt of sherry is now 108 Imp. galls. BUTTER (Dan. Sm'or. Du. Boter. Fr. Beurre. Ger. Butter. It. Burro. Por. Manteiga. Sp. Manteca), a substance derived from the oily or creamy part of milk by agitation or churning. It may be obtained either by separating the cream from the milk and then churning it, or by churning the milk and cream together. By the first method the best butter is obtained, by the second the largest quantity. The quality also depends materially on the care with which it is made, and on the nature of the pasture ; the best is made from cows fed on rich natural meadows. Butter is extensively made and consumed both in a fresh and salted state in almost all the countries of northern Europe ; and in the East it is largely used in the liquid form, called Ghee. The butter of Holland is accounted the best, a pre-eminence which it owes chiefly to the remarkable attention paid by the Dutch to the minutiae of the dairy, to the purity of the salt used, and especially to cleanliness. The English butter is scarcely inferior, especially that of Epping, Cambridgeshire, Suffolk, Yorkshire, Somerset, Gloucestershire, and Oxfordshire The best Scottish is that of Clydesdale and Aberdeenshire. The butter produced in Britain is however insufficient for the consumption, and large quantities are imported, particularly from Ireland, where it forms a staple. The principal dairy counties of Ireland are Carlow, Cork, Fermanagh, Kerry, Leitrim, Long- ford, Sligo, Waterford, and Westmeath. " Carlow has the reputation of producing the best but- ter ; but the firkins containing that which is manufactured in all the surrounding counties are BUT 121 CAB often branded with the name of Carlow. It is highly esteemed in London, and is often sold for Cambridge butter; but much of the Irish butter is very salt, and sometimes smoky and tallowy. In fact, there are three distinct sorts of butter in the Irish market. The best is sent to Dublin and to England ; and from the latter country exported to the East and West Indies. An inferior sort finds a market in Spain ; and an inferior still used to be sent to Boulogne " ( Youatt on Cattle, p. 188). Brazil now takes annually about 30,000 firkins Irish butter. The quantity imported into Britain from Ireland was, in 1825, 425,670 cwts. In 1847, 12,000 tons of fresh butter were received at London, and 11,500 tons at Liverpool. In 1850, l3,i»oo tons came to London, and 12,600 tons to Liverpool. The exports, about 5609 tons, go chiefly to Australia, Brazil, Portugal, and the West Indies. All the butter exported from the United Kingdom is the produce of Ireland; all the batter produced in England being consumed at home. The quantity of butter consumed in London is estimated by M'Culloch at 15,357 tons annually, of which 20o0 tons are supplied to shipping. The imports of foreign butter were in 1840, 252,661 cwts.; in 1852, 354,218 cwt., of which 344,185 cwts. were entered for home consumption. The gross amount of duty received in 1852 was £.167,418. By the tariff of 1841 the duty on foreign butter was 10s. per cwt., and 5s. 3d. per cwt. if imported from a British possession. These duties were reduced by the tariff of 1853 on foreign butter to 5s. per cwt. or if from a British possession to 2s. 6d. In 1S5J, the duty was removal alto g ether. BUTTER-NUTS are the berries of a large tree {Caryocar tomentosurri) which frows in Guiana, and is called by the natives Tata-Youba. They are covered y a skin two or three lines thick, and consist internally of a buttery yellowish substance, which melts between the fingers, and is sometimes used in cooking in- stead of common butter. Under the skin lies a stone, within which is a brownish kidney-shaped kernel, very good to eat, and commonly served at table. Butter- nuts are common in the London markets. BUTTONS (Fr. Boutons. Ger. Knopfe. It. Bottom. Por. Botoens. Sy.Botones). This article is made of an endless variety of materials. In former times it was also made of an endless variety of shapes ; but at present these may be reduced to four, viz. buttons with shanks ; buttons without shanks ; buttons on rings or wire moulds ; and buttons covered with cloth or other material. Metal buttons are manufactured on a large scale at Birmingham, both for home consumption and exportation. Except where the taste of foreign countries demands otherwise, these are at present generally made with a well gilt and highly ornamented sur- face. In the reign of George I. several absurd acts were passed to regulate the kind of buttons to be worn ; but these, though still on the statute-book, have been long in disuse. The act 36 Geo. III. c. 6, imposes penalties on the manufac- ture or sale of buttons marked "gilt" or " plated," and not so gilt or plated in terms of the act. c. CABBAGE, a well-known culinary vegetable (Brassica oleracea), of which there are almost innumerable varieties. Those most valued for the garden are gene- rally divided into the close-hearting and the spreading ; the most common of the former being the York and the Savoys, and of the latter coleworts and Scotch kale. The larger and grosser kinds are sometimes cultivated as food for stock. According to Arthur Young, the average crop on a dry soil is 36 tons per acre ; but on a sandy soil, only 18 tons. In Germany, immense quantities of the large white cabbage are manufactured into " that excellent preparation " sauer kraut, an article of considerable trade in that country. CABBAGE-WOOD is obtained from the cabbage-palm (Areca oleraced), a tree which grows in abundance in the mountainous parts of the West Indies, and is familiar to all who have read the popular tale of Paul and Virginia. The wood is sometimes used in ornamental furniture; but it does not answer very well, as the ends of the fibres are too hard, and the medullary part too soft for holding glue ; the surface is also very difficult to polish, and cannot be preserved without var- nish. The trunk, after the centre part is rotted out, forms a durable water-pipe. CABLE, a long thick rope, employed in the mooring or anchoring of ships. There are generally at least three kept ready for service, namely, the sheet cable, the best bower cable, and the small bower cable, which are each commonly 100 or 120 fathoms in length. Cables are now also formed of iron chains, which are much stronger and more durable than those of hemp. On a rocky bottom, a hempen cable is destroyed in a very short time, while the duration of the other is almost CAC 122 CAL indefinite. It is sometimes desirable to cut the cable when of hemp ; this contin- gency is provided for in iron cables by a bolt and shackle at short distances, so that by striking out the bolt the cable is easily detached. At present, hempen ca- bles are in very little request in the British navy, and even in the merchant ser- vice iron has nearly supplanted hemp for this purpose. The regulations of Lloyd's require all vessels under 150 tons to have at least 150 fathoms of chain ; of 150 and under 250 tons, 180 do.; of 250 and under 350 tons, 200 do.; of 350 and under 500 tons, 240 do.; of 500 and under 700 tons, 270 do.; of 700 tons and upwards, 300 do. ; but in all cases where hempen cables are used, then one-sixth more in length is required. [Cordage.] Cables-length in navigation signifies 120 fathoms, the usual length of a cable. CACAO, or COCOA (Fr. Sp. Por. & It. Cacao. Ger. Kakao), is the bruised seeds or nuts of the cacao or chocolate tree ( Theobroma cacao). The seeds are oval, about as large as an olive, and covered with a violet or ash-gray skin which encloses two cotyledons of a fatty nature, and of a brownish-black or violet colour. When simply bruised they constitute the cacao of the shops ; reduced to a paste, mixed with sugar, and flavoured with vanilla, they become chocolate. They are imported from the West Indies, Venezuela, Ecuador, and Brazil, in all which places the tree grows wild, or is cultivated for the sake of its seeds. Dr Ainslie states that the cacao is now also much cultivated in the Philippine islands, and that the chocolate made from the nuts, particularly in Zebu, is esteemed even superior to that of Guayaquil in America. Cacao is considered somewhat less nutritive, but much lighter than chocolate. The quantity consumed in the United Kingdom has greatly increased since 1832, when the duty was reduced from 6d. to 2d. per lb. It now is Id. From 3,000,000 to 4,000,000 lbs. are annually imported; of which about 1,600,000 lbs. are entered for home consumption; the remainder being re-exported chiefly to Germany, Holland, Belgium, Spain, and Italy. S CADMIUM, a rare metal discovered in 1817, by Stromeyer, in an oxide of zinc {Annals of Philosophy, vol. xiv.). In colour and lustre it has a strong resemblance to tin, but is somewhat harder and more tenacious. It is very ductile and malleable. Sp. gr. 8'604. The sulphuret of cadmium has an orange-yellow colour, and would form a useful pigment, could the metal be found in greater abund- ance. CAFFISO, an Italian oil measure, equal in Malta to 4| Imp. gallons, and in Messina and Trieste to 2| Imp. gallons. CAHIZ, a Spanish corn measure, equivalent in Alicant to 6|, in Aragon to 5, and in Valencia to 5§ Imp. bushels; but the standard Avila cahiz of 12 fanegas, used in Cadiz and other places, is equal to 18£ Imp. bushels. CAIRNGORM, a name given by lapidaries to an ornamental stone found on the mountain of that name in Inverness-shire. It is a splendid quartz, of various shades and nearly transparent. CAJEPUT OIL, a valuable volatile oil, limpid, transparent, of a greenish colour, a camphoraceous smell, and an acridly aromatic taste. Sp. gr. 0'927. It is sometimes adulterated with other oils, particularly oil of turpentine. It is pre- pared in large quantities in the Dutch settlements on the Banda and Molucca islands, from the leaves of the Melaleuca cajeputi, and is imported into this country, by way of Holland, in copper flasks. It is used internally as a stimulant and antispasmodic, but more frequently externally as an embrocation. CALABASH (Sp. Calabaca), a name given in the West Indies to a gourd or pompion, the fruit of the Crescentia cujete, the shells of which are used by the natives for cups, measures, kettles, and other vessels. CALAMANCO, a woollen fabric, chiefly manufactured in the Netherlands. It is made plain, coloured, striped, or watered ; and the warp is sometimes mixed with silk or goats' hair. CALAMANDER WOOD, a beautiful fancy wood obtained from a tree which grows in Ceylon. It is extremely hard, and finely veined with different shades of lack and brown. Being scarce and very dear, little is imported. CALAMINE, a native carbonate of Zinc. CALCEDONY, an ornamental stone, a species of agate of a uniform colour, generally of a milky white or pale yellow, like turbid jelly, often with an internal wavy structure in the form of stalactites, and very commonly with a peculiar mam- millary surface. It is found in abundance in the Faroe islands, in Iceland, in Cornwall, and many places of Britain as well as other countries ; sometimes in large masses from which cups and other vessels are formed. CALCIUM, the metallic base of Lime. CAL 123 CAM CALENDAR. [Measures and Divisions of Time.] CALICO (Fr. Coton. Ger. Kattun. It, Tela Bambagina. Pot. Patio de A l- godao. Sp. Tela de Algodon), white, or plain cotton cloth. [Cotton Manufacture.] CALOMEL, the protochloride of Mercury. CALUMBO ROOT (Fr. Racine de Calumbo. Por. Raix de Calumba. Ger. Kolumba tcurzel. Mozamb. Kahtmb). The calumbo plant (Cocculus palmatus) is Eroduced in Malabar, and in the thick forests on the eastern coast of Africa, etwecn Oibo and Mozambo, from which last place the roots form a staple ex- port to Ceylon, and thence to Europe. Calumbo root is generally brought in transverse sections, from half an inch to three inches diameter, rarely divided across; and the bark is of a dark brown colour outside, and bright yellow within. It is very subject to decay by worms; when good it looks bright and solid, breaks with a starchy fracture, and" has a faint aromatic odour, and bitter taste. The root of a Carolina plant (Frasera walterd) is imported into Liverpool, and aes fraudulently substituted for Calumbo. The American root may be dis- tinguished by its whiter colour, lighter texture, the mixture of longitudinal pieces, and the taste being at first sweetish, and not nearly so bitter as the genuine root. The substance of the tree is besides rendered blue by iodine, the false, brown. Calumbo root is used in medicine. {A inslie's Mat. Indica. Duncan's Dispensatory.) CAMBRIC (Fr. Batiste. Ger. Kammertuch. It. Cambraja. Por. Cambraia. Sp. Cambrai), a very fine linen fabric, so called from having been originally manufac- tured at Cambray, a city in the department Du Nord in France. CAMEL (Arab. Djemal), a ruminating quadruped, of a grotesque form, which has been used from a remote period in eastern countries as the principal beast of burden. There are two species : The Bactrian camel (Pamelas Bactrianus), cha- racterized by a couple of humps — one on the rump, and another above the shoulders, is employed in Thibet, Turkistan, Tartary, Southern Russia, and in the Pisan territory in Tuscanv ; the dromedary (Camelus dromedarius), with one hump situated on the middle of the back, is indigenous in Arabia, from whence it has spread over the north of Africa, Syria, and Persia ; and the intermixture of these two species has produced varieties which are more or less used in different localities. The camel is esteemed by eastern nations one of the most precious gifts of Provi- dence to man; and assuredly, it seems formed by nature for a life of patient drud- gery. Justly has the Arab named it the Living Ship of the Desert, as without it he could neither transport himself nor his merchandise across those oceans of sand with which his country is covered. Its spreading cushioned feet, formed to tread lightly upon the dry and shifting soil — the nostrils so formed that it can close them at will to exclude "the drift sand of the parching simoom — the powerful upper teeth for assisting in the division of the tough prickly shrubs and dry stunted herb- age of the desert — and above all, the cellular structure of the stomach, which is capable of being converted into an assemblage of watertanks, — bear ample testimony to the care manifested in the structure of this extraordinary quadruped. The camel is weaned at the commencement of the second year, and begins to propagate when four years old, though it does not complete its full growth until the age of twelve. It will live as long as forty years ; but after twenty-five or thirty its ac- tivity begins to fail. Camels are content with the coarsest food— a bunch of dry grass or the stunted shrubs of the wilderness. Their ordinary food is a ball of paste (maabouk), weighing about a pound, made of barley meal and water, which each receives in the evening ; and this is all the daily expense of these useful creatures. The value of the camel depends of course on its Kind and quality. In Hejaz, liurckhardt states the price of a good one to be £14, but they sometimes cost £36 ; and as much as £70 has been paid for one of the Oman breed. Camels are used both for riding and carriage, for which purposes they are em- ployed in large numbers in the Eastern caravans. [Caravan.] The first thing that an Arab examines about his camel, when preparing for a long journev, is the hump, which is an infallible criterion as to the ability for exertion ; for whenever it sub- sides the beast gradually yields to fatigue. A long journey will cause the hump almost entirely to disappear : it is easily restored, however, by a few weeks of good nour- ishment and repose. The favourite pace of the riding camel is a kind ot amble at the rate of 5 or 5£ miles an hour. Many fabulous stories are related of the swift- ness of this animal, but it never approaches even for short distances to that of a common horse, though it is perhaps unrivalled for the ease with which it will despatch an uninterrupted journey of several days and nights if allowed its own natural pace, and not employed on hilly, woody, or slippery ground. The load of the carriage camel in common cases is from 400 to 500 lbs. for a short journey, and CAM 124 CAN from 300 to 400 lbs. for one of any considerable distance. The capability of bear- ing thirst varies among the different races. In the caravans from Darfur they travel nine or ten days without water ; but the Anatolian camel requires drink every second day. CAMEL-HAIR (Fr. Poll de chameau. Ger. Kameelhaar. It. Pelo di camello), is imported into the United Kingdom from the Levant, principally for the manu- facture of pencils for the painter. That produced in Persia is held in the highest estimation. The black hair is most valued, next the red, and the gray brings only half the price of the red. In the East camel-hair is woven into clothing and even tents, purposes to which it has been applied from a remote period. CAMLET (Fr. Camelot. Ger. Kamelot. It. Ciambello) was originally a rough fabric made of the hair of the camel and the goat interwoven, which was used by ascetics. That of the East is made of the hair of the Angora goat. English camlet, however, is a light stuff made of long wool hard spun, sometimes mixed in the loom with cotton or linen yarn. CAMPHOR (Du. Kamfer. Fr. Canfre. Ger. Kampfer. It. & Por. Canfora. Sp. Can/or. Arab. & Pers. Kafoor), a peculiar vegetable principle arising from the separation of the volatile oil of different trees, which is used in medicine and the arts. Two kinds are distinguished in commerce : — China or Java Camphor, the only kind met with in Europe, is the product of the Laurus camphora (Nees Von Esenbeck), found in Quang-tung and Fo- kien in China, in Cochin China, and in Japan. It is extracted from all parts of tho tree, but chiefly from the roots, and is obtained in the state called crude camphor merely by sublimation. In this state it is generally imported, and is afterwards refined by mixture with lime and a second sublimation. Crude camphor occurs in small brownish or gray grains mixed with impurities. Refined camphor is a very white, soft, semitransparent substance, having a crystalline appearance, a strong and fragrant odour, and a hot pungent taste ; very inflammable, and so volatile as totally to exhale when left exposed in a warm air. Sp. gr. 0'985 : it occurs in round cakes, each weighing about 2 lbs., and is commonly packed in vessels containing nearly 250 cakes. The quantity of camphor exported from Can- ton varies much from year to year. In the United Kingdom about 650 cwts. are annually entered for home consumption. Malay or Barus Camphor is found in great purity concreted among the woody fibres of the Dryobalanops camphora, growing in Borneo, Sumatra, and the Malayan Archipelago. As an article of commerce it is found exclusively in the East, and particularly at Canton, where it fetches a price equal to about 100 times that of the article made from their own L. camphora. The former is far more fragrant than the latter, but whether it possesses any superior virtues is exceedingly doubtful. CAMPHOR-OIL is a limpid fluid which exudes from the Dryobalanops cam- fhora. It is much used in some parts of the East, but is not brought to Europe. t is as agreeable as the concrete substance, and almost as cheap as spirits of tur- pentine. If by any contrivance it could in Britain be reduced to a concrete state, as has lately been done with the oil of the cocoa-nut, the produce might be advan- tageously exported to China, and perhaps retained in part for home consumption. CAM- WOOD, a red dye-wood of a very fine colour, obtained from a tree prin- cipally found in the neighbourhood of Sierra Leone. It is chiefly used in turnery for knife handles and similar articles. About 1000 tons are annually entered for home consumption. CANADA BALSAM, a fine species of turpentine, obtained from the Pinus Balsamea. CANADA, the most important portion of British America, lies nearly all be- tween the Hudson's Bay Territories and the United States, and, within the basin of the river St Lawrence, from about 42° to 52° N. lat. It was colonized by the French in 1608, and conquered by the British in 1759. There are two provinces, separated by the Ottawa river : — Lower Canada, adjoining the estuary of the St Lawrence ; area, 250,000 square miles ; pop. (1836) 664,631, chiefly of French ori- g'n ; capital, Quebec, pop. 30,000. Upper Canada, contiguous to the great lakes ntario, Erie, Huron, and Superior; area, 105,000 square miles; pop. 371,332, chiefly of British origin ; capital, Toronto, pop. 9765. Each province had formerly a governor, executive and legislative councils, and a house of representatives,— the governor of the lower province being likewise captain-general of all British Ame- rica; but, by the act 3 & 4 Vict. c. 35 (1840, July 23) of the Imperial Parliament, the two provinces have been united. CAN 125 CAN Canada, though in some parts hilly, is upon the whole a level and well-watered country. The located portions are mostly confined to the banks of the St Lawrence, the lower part of the Ottawa, margin of the Lakes Ontario and Erie, and the S. E. banks of lakes Huron and St Clair, which are generally fertile. Beyond these districts, the country, more especially towards the N. and \V., is very imperfectly known. The climate is salubrious, and heat and cold, though felt in their extremes, are not oppressive, owing to the purity of the atmosphere. In the lower province, the medium of cold in winter is about 15° Fahr., its maximum about — 20° ; and the medium summer h at is from 75 J to 80°, its maximum 103°. Early in December the St Lawrence is closed by ice, which seldom totally disappears before the first week in May. The five months from May to September, inclusive, comprise the spring, summer, and autumn of the Lower Canadian year. At Montreal, and in the Upper Province, the spring commences from six weeks to two months earlier, according to its latitude, and the climate is in every respect milder ; indeed, in the W. part of Upper Canada, the duration of frost and snow is not more than half, or even one-third, as long as in Quebec. The severity of the Canadian winter is much less unfavourable to the opera- tions of agriculture than might at first appear. The snow effectually prevents the frost from penetrating deeply into the earth, and the rapid progress of the spring thaws, followed by frosty Bights, pulverizes the soil, and helps to prepare it for seed. Against the severity of the 'winter, must also be set down the steady weather which prevails during summer in both province?, and which renders the progress of vegetation so rapid, that the Canadian harvest is early, and almost always secured before bad weather commences. Hence the climate of Canada, severe though it is, presents no obstacle to the unlimited extension of almost every description of produce, except Buch as is peculiar to a tropical climate. The Canadians are scattered over a vast extent of country, some parts of which are 800 or 900 miles distant from the port of Quebec, and 600 or 700 from that of Montreal. But owing to the facility of communication by means of lakes and rivers, the expense of transport is comparatively small ; and, from the improvements which are taking place in railroads and canals, this expense will soon be greatly reduced. The St Lawrence is navigable for large ships to Montreal, about 6'X) miles, and to Quebec, 420 miles, for ships of the line; above Montreal, its current is broken by rapids. The Ottawa and Saguenay, the principal tributaries of the St Lawrence, are only partially navigable, having their course likewise interrupted by falls and rapids. The principal canals are the Grenville and Rideau canals, which, in connexion with the river Ottawa and tho La Chine canal, form a vast chain of internal navigation, reaching by a circuitous line from Mon- treal to Kingston. The Welland canal, a most important work, connects lakes Ontario and Erie, avoiding the Falls of Xiagara. Besides these there are various smaller canals and railroads, ioth in the Upper and Lower Provinces. The culture of the soil is the principal occupation of the people ; a circumstance which almost necessarily follows from the abundance of rich land and the total absence of taxes ; for these advantages more than compensate the high price of labour. The chief agricultural product is wheat, the crop of which is estimated at 11,000,000 bushels. The average export of wheat and Vour by sea, in the four years 1832-1835, was equivalent to 780,000 bushels, besides which, a considerable quantity from the Upper Province found its way to the United States ; but in 1836 it was much smaller; amounting only to 18,125 barrels flour, and 9716 bushels wheat. The quantity of other articles of agricultural produce has been hitherto inconsiderable; the most important are flax, tobacco, and salted provisions. The staple exports of the colony, however, are timber and ashes. The former is the prin- cipal ; but as a portion of the trade is the result of a legislative monopoly arising out of the high duties in the United Kingdom on foreign European timber, with low duties on Canadian, that portion can last only as long as the monopoly is maintained. The chief articles of timber exported to the United Kingdom and the colonies in 1836, were,— oak, 22,805 tons ; elm, 18,733 tons ; pine, 315,967 tons ; 6,707,278 staves, chiefly puncheon and standard pieces ; deals, deal-ends, battens, boards, and planks, 2,785,520 pieces ; besides ash and birch timber, hoops, handspikes, and smaller articles ; the whole amounting in value to £7 f, 3,lfi5. Besides the timber carried by sea to the United Kingdom and West Indies, there is a considerable quantity of boards, scantling, and other sawn timber, prepared for the United States and for home consumption. The timber-trade of Canada with the West Indies and the United States, as it exists without protection, cannot be affected by any change of the duties. On the other hand, the advantage which the colony now enjoys with the mother-country may be destroyed by the removal of those restrictions by which it was originally created, and which is at present contemplated. It would exceed the limits of the present article to describe the effects which are likely to result from this change. The prevailing opinion is, that Canada has other means of employing her labour and capital independent of the timber-trade, and that the change will be beneficial not only to the mother-country, but to the colony. The clearing of the land from wood to iit it for cultivation, gives rise to the production of pot and pearl ashes. The usual course is to burn the timber on the ground, and if the price be remunerating, the wood ashes are converted into the ashes of commerce. If, however, the rate be discouraging, they are harrowed in for the improvement of the soil. The quantity shipped is annually about 36,000 barrels, consisting of about two-thirds pot and one-third pearl ashes. Of late years this trade has been on the decline. The fisheries of Canada form a subordinate branch of industry ; but still the gulf and lower portion of the St Lawrence furnish a considerable quantity of fish and oil for home consumption, and leave a small surplus for export. The produce of the fisheries in the county of Gaspe and the Magdalen Islands in 183*>, consisted of— cod, 100,542 cwts. ; cod oil, 37,162 gallons ; whale oil, -rations, besides salmon and other fish, the whole amounting in value to £86,624. Montreal was formerly the emporium of a very considerable portion of the fur trade, which was carried on by two rival companies, — the Hudson's Bay and the North-west. After the failure of the latter association, most of the skins were carried direct to the residents at Hudson's Bay, who have an establishment also at La Chine, near Montreal. But although not a single bale of furs were shipped from that city, we should be justified in ranking the fur-trade among the resources of Canada, because a large importation of British goods takes place through Montreal, and wages are paid to the hunters by drafts on the company in London. There is, however, a small though not an increasing exportation of this article from Montreal, consisting chiefly of skins of the musk- rat, martin, beaver, and otter. CAN r:o CAN Of manufactures, the principal is that of ashes, already noticed. The others are as follow :— Cloth, a kind of gray homespun or ctoffe du pays, worn by the habitant or farmer of Lower Cana- da; coarse cotton, but only in small quantities; coarse linens ; carpets and mats formed of threads obtained from old materials ; straw hats ; worsted stockings and socks ; caps ; leather mittens ; iron wares at St Maurice ; nails; maple sugar; bricks; while soap, candles, leather, linseed-oil and cake are manufactured to an extent sufficient to furnish a surplus for exportation. Whisky is largely produced in both the Canadas. Starch, blue, cider, cordage, paper, and a few other articles are also made, but in very small quantities. It is to be observed that these manufactures, with the exception of whisky, exist almost wholly without protection. But the domestic manu- factures are supported more by the habits of the people than by cheapness ; in fact the itoffe du pays is imitated in Britain at a much lower price than the Canadian cloth usually sells at in the native market. Shipbuilding is an important employment in all the N. American colonies. The average num- ber of vessels built annuallv in Canada, during the 11 years ending 1835, was 26, and their tonnage 8249. These ships are built of oak, and are of much better workmanship than those of New Brunswick and Nova Scotia, which for the most part are constructed of pine. The imports chiefly consist of British manufactures, principally cottons and woollens; in 1836 the former amounted in value to £472,892 sterling, the latter to £303,166. The woollens are mostly of the coarser and warmer sorts, such as blankets, flushings, flannels, and the coarse cloths produced in the manufacturing towns of Yorkshire. The cottons are chiefly power-loom shirtings, striped and checked cloths, printed calicoes, ginghams, muslins, cambrics, and also fustians, velveteens, and similar fabrics. The other articles of British produce or manufacture imported in 1836 were as follow : — Hardware, value, £74,249; wrought iron, £56,298; unwrought iron, £35,345; linens, £61,082; silks, £59,488; British refined sugar, £49,628; glass, £84,069; haberdashery, £71,646; earthenware, £15,606; apparel and slops, £33,975; painters' colours, £17,426; besides coals, leather, books, candles, soap, stationery, salt, lead, cordage, hats, and a variety of other goods. The other imports are principally composed of the following articles :— tea, about 680,000 lbs., brought chiefly from Britain ; raw sugar, about 3,000, 000 lbs. (maple sugar being extensively grown in the colony) ; rum, 330,000 galls. ; brandy and gin, 220,000 galls. ; wine, nearly 3500 pipes, namely, port, 500 ; madeira, 200 ; sherry, 200 ; Teneriffe and other low white wines, 700 ; Spanish and other low red wines, 1600 ; French and German, 300. London enjoys the chief part of this trade to Canada, as there is a discriminating duty of £7, 7s. per tun of 262 galls, on wines " direct from the place of growth." A considerable quantity of low white and red wines is also brought from the Mediterranean, after having been landed at Gibraltar; an expedient by which the high duty is evaded. The West India produce is for the most part imported direct from the place of growth, and chiefly from Grenada, Jamaica, and Demerara. Halifax in Nova Scotia has recently become an entrepot for exchanging the productions of Canada and the West Indies ; the former paying for her purchases in flour and other provisions. St John's in New- foundland also enjoys a small inter-colonial trade. The inland trade with the United States is considerable. A portion of the ashes, flour and other provisions consumed in Canada, are derived from thence. In early spring, teas, coffee, fruits, tobacco, and various groceries, are imported from New York by the way of Lake Cham- plain. The exports at St John's, on that lake, the chief seat of this trade, amounted, in 1832, to £8197 ; the imports to £146,807- In 1833, the former were £20,500, the latter £104,500. Of the imports fully two-thirds consisted of agricultural produce, all, it is said, required for Canadian consumption. An intercourse with the United States is also carried on from different points in Upper Canada, the duties on which amounted, in 1835, to above £10,000. Of this there were paid at Toronto, £3750; Kingston, £1517; Burlington, £1438; Port Stanley, £835; Brockville, £549. When commodities are exported on American account, the transmission of a bill of exchange on New York easily closes the transaction. Shipments are also made to the West Indies from that city, as well as some of the more southern towns, by order of Canadian houses. These are usually paid for by drafts on London. The total imports into Lower Canada in 1836 amounted in value to £1,941,053 sterling; and the exports to £1,034,514 sterling. These sums, however, do not include the extensive illicit trade which is carried on with the United States. The chief ports of the colony are Quebec and Montreal, both being warehousing ports, and the former a " free port " under the act 3 & 4 Wm. IV. c. 59. Quebec is a strongly fortified city on the north bank of the St Lawrence, in 46° 49 / N. 71° 16' W. It is divided into two parts ; the Lower Town, where are all the commercial establishments, is situated immediately under Cape Diamond, nearly on a level with the water; the Upper Town is on a rock 200 feet above ; and the communication with the lower town is maintained by a winding street, at the top of which is a fortified gate. The basin of Quebec is very spacious, being suffi- cient to contain 100 sail of the line. In 1836, 1140 ships entered this port, having a tonnage of 344.206; of which Great Britain, 880 ships, 291 ,235 tons; British colonies, 174 ships, 22,393 tons; United States, 50 ^hips, 19,619 tons ; foreign states, 42 ships, 10,959 tons. Montreal, in 45° 30' N. 73° 30' W., lies about 180 miles above Quebec, on the south side of the island of Montreal, which is formed by the confluence of the St Lawrence and the Ottawa ; pop. 35,000. Vessels of 600 tons come up to it. The harbour is not large, but is always secure ; the greatest disadvantage is the rapid of St Mary, about a mile below the town. Montreal is the commercial capital of Canada, being favourably situated for the lumber trade, and for intercourse with the Upper Province and the United States. Most of the business, even in Quebec, is carried on by branches from its mercantile houses. In 1836, there entered this port 98 ships, 22,289 tons ; of which Great Britain 73 ships, 19,410 tons ; British colonies 23 ships, 2392 tons ; foreign states. 2 ships, 487 tons. S MEASURES, WEIGHTS, MONEY, DUTIES, &C. Measures and Weir/Ms are those of Great Bri tain, but with the old English measures of capa- city. The minot, sometimes used in Lower Ca- nada, is an old French measure, 90 of which are commonly estimated at 100 English or Winches- ter bushels, although the true proportion is 90 to 98. Money and Exchanges. — Accounts are kept CAN 12 CAN nnd sales and purchases are made in pounds, I Those in the Upper Province were four in num- shillings, and pence, Halifax currency, which is ber :— The Bank of Upper Canada, with a capital 20 per cent, inferior to British, though ' of £200,000, that of Kingston, or the Midland the denominations and proportions are the same. District, with a capital of £100,000, together The pound currency is four Spanish dollars, with the Agricultural and People's Banks, the each dollar being called 5s. But the average' paid up capital of which was probably £100,000 value of the dollar in the London market is only j more. The Bank of British America, esta- 4-. 2d. ; hence 4s. 2d. sterling = 5s, currency ; or, Wished in London in the year 1836, has also 1 6s. 8d. sterling = £1 currency ; or £100 ster- branches in various places- Most of the provin- ling = £120 currency. The comparison of ex- cial banks are instituted on the American prin- change is, however, complicated, by theassump- ciple of limited liability. tion of a par departing widely from the value of j Tariff. — The duties on imported goods levied the currency. This erroneous par is 4s. Gd. taken in Canada are imposed partly by the authority as the value of the dollar, or £90 sterling equal to , of the British government, and partly by that of £100 currency ; the rule being, add one-ninth to the colonial legislature. The former are called Bterling to obtain currency. To make up the differ- Icroicn duties, and the latter provincial duties ; ence between the erroneous par and the average | the first being in sterling money, the latter in value of the currency,— say the approximate par, currency. In charging the duties, the dollar —it is necessary to make "use of a nominal pre- 1 is received at 4s. 4d., which is 2d. less than the mium of exchange. Thus, when exchange is really j old par, but 28 varas = 100 Imp. I gress, the revenues for 1834-35-36 amounted yds. 96 Chilian lbs. reckoned equal 100 lbs. | to $5,697,666, averaging yearly $1,899,222. Spanish, or 101-44 lbs. avoird. In other respects j The expenditure during the same years was same as Spain. $6,578,555, averaging yearly $2,192,851 ; leav- Money. — Accountsare kept in dollars of 8 reals, : ing an annnal deficit of $293,629, exclusive of each of 34 maravedis. The coins are, in gold, interest on the foreign debt. The domestic debt doubloons, half and quarter doubloons, and amounts to about £5,000,000. The foreign debt crowns: In silver, dollars, pieces of 4 and 2 reals, amounts to £1,000,,224 151 994 130,565 1 .329 2,386 3,715 Totals. . . . 7-223,013 1,449,417 Of the 7,223,013 tons shipped coastways, 336,968 tons consisted of culm, which was sent almost wholly from Swansea, Llanelly, and Milford, and 13,015 tons of cinders, chiefly from Newcastle. All coal sent coastways by sea was, in the reign of Wm. III., subjected to a tax of 5s. per chaldron, which, during the late war, was raised to 9s. 4d. ; it was reduced in 1824 to 6s., and in 1831 it was repealed ; in 1830 the revenue yielded by this tax amounted to £1,021,862. In 1836 an act (6 & 7 Wm. IV. c. 109) was passed which repealed certain pro- visions contained in three previous acts (9 Anne, c. 28 ; 4 Geo. II. c. 30 ; and 28 Geo. III. c. 53), by which combinations in the coal-trade to enhance the price were declared unlawful, and which also had the effect of preventing more than five persons from carrying on trade In coals in partnership. L COA 162 COA The coal-trade in different parts of the kingdom is regulated hy a great variety of local statutes; the shipments from the Tyne hy the " Turn act,' r 6 Geo. IV. o. 32, which provides that every ship must he loaded in her " turn;" and the Lon- don trade hy the act 1 & 2 Wm. IV. c. 7 6, continued and amended by 8 & 9 Vict, c 01, to the year 1862. The chief provisions of these acts are the following : — The duties previously payable upon coals commuted for 13d. upon every ton sold within the limits of the city ; namely, 8d. per ton payable to the fund for public improvements ; 4d. per ton to the corporation of London ; and Id. per ton to the coal market. Coal Exchange to continue vested in the corporation of London ; and to be an open market, §§ 3, 4. Court of Aldermen ma J make by-laws to regulate the market, § 32. Coals to be sold by weight ; and the chaldron mea sure formerly used to be reckoned equal 25 J cwts., §§ 43, 44. With coals exceeding 560 lbs. deli' vered from any lighter, or from any wharf within 25 miles of the General Post Office, the sellel shall deliver to the purchaser immediately on arrival, and before unloading, a ticket specifying the name of the coal, and the quantity; and a weighing machine is directed to be carried with every wagon, and the carman to weigh gratuitously any sack chosen by the purchaser, under penalties of £20, § 47. Coals above 560 lbs. to be delivered in sacks containing either 112 lbs. or 224 lbs. net ; coals delivered by gang labour may be conveyed in sacks containing any weight, such being first mentioned, and may be delivered in bulk if the purchasers think fit; but the weight of the cart and coals therein shall be previously ascertained by a weighing machine, and the seller's ticket shall state the weight of the cart and of the coals therein, under penalty of £50. Further regulations were made in 1851, by 14 & 15 Vict. c. 116, in respect of coals brought by railway and canals. The consumption of coal in London in the year 1837 amounted to 2,626,997 tons, which, with the exception of 18.735 tons Scotch, 33,259 tons Welsh, and 14,963 tons Yorkshire, were brought almost wholly from Newcastle, Sunderland, and Stockton ; the number of vessels which entered the port of London with coals in the same year was 8720. In 1838, the consumption of London was 2,552,321 tons, in 1839, 2,611,616 tons; in 1845, 3,463,630 tons, and now above 4,000,000. Of late years considerable interest has been excited both in and out of Parlia- ment by a system under which the supply of coals to the London market is limited when the prices are below certain denned rates. It would appear, that for the ostensible object of preventing an undue fluctuation of prices, an arrangement, called " The Limitation of the Vends," has (though subject to occasional interrup- tions) long existed among the coal-owners in Durham and Northumberland, by which the quantity to be raised from the different collieries is apportioned according to the probable demand. " When," says Mr Brandling, " it is understood by the coal- owners that all the parties interested in the coal-trade on the Tyne and Wear are willing to enter into an arrangement of this nature, a representative is named for each of the collieries ; these representatives meet together, and from amongst them choose a committee of nine for the Tyne, and seven for the Wear. This being done, the proprietors of the best coals are called upon to name the price at which they intend to sell their coals for the succeeding twelve months ; according to this price the remaining proprietors fix their prices; this being accomplished, each colliery is requested to send in a statement of the different sorts of coal they raise, and the powers of the colliery, that is, the quantity that each particular colliery could raise at full work ; and upon these statements the committee, assuming an ima- ginary basis, fix the relative proportions as to quantity between all the collieries, which proportions are observed whatever quantity the markets may demand. The committee then meet once a-month, and according to the probable demand of the ensuing month, they issue so much per 1000 to the different collieries ; that is, if they give me an imaginary basis of 30,000, and my neighbour 20,000, according to the quality of our coals, and our power of raising them in the monthly quantity, if they issue 100 to the 1000, I raise and sell 3000 during the month, and my neighbour 2000; but in fixing the relative quantities, if we take 800,000 chaldrons as the probable demand of the different markets for the year, if the markets should require more, an increased quantity would be given out monthly, so as to raise the annual quantity to meet the demand, were it double the original quantity as- sumed." {Par. Paper, 1830.)' The criterion by which the coal-owners are guided is the price in the London market. This price, however, is alleged to be very much under the control of the coal-factors, who, it is said, are enabled, by the co-operation of the northern owners, to regulate the number of cargoes to be unloaded, and in this way artificially to elevate the price to the consumer. The regulation of the coal-factors of date 2d February 1837 bears, " That in consequence of the great increase of price of * The following are the annual proportions which the committee for regulating the issues hav* apportioned upon the nominal basis of each colliery in the regulation since its establishment:— In 1834, 645 chaldrons per thousand ; in 1835, 768 chaldrons ; in 1836, 765 chaldrons ; in 1837, f]S chaldrons ; in 1838, 695 chaldrons ; in 1839, 644 chaldrons ; and in 1840, 555 chaldrons per thousand. COA 163 COA every thing connected with shipping and the coal-trade, the following scale be adopted," namely, to admit from 30th September to 1st March, 40 cargoes, when coals rule 23s. 6d. ; 50 cargoes when they rule from 23s. 9d. to 24s. ; 60 cargoes when from 24s. 3d. to 24s. 6d. ; and 70 cargoes at 24s. 9d. From 1st March to 1st April, each rate is reduced 6d. ; and from 1st April to 30th September, a further reduction of 6d. is made on the scale. The price here stated is the wholesale price charged at the coal-exchange.* According to Mr Pease, the particulars of the cost of one ton of best house-fire coal (as Bewicke, Craister, Wall's End, Gosforth, Heaton's, and others of a similar quality), from the Tyne, supplied to a London consumer, assuming the price paid by him to be £1, 12s. 6d., is as follows : — 1st, Cost on board of a ship in the Tyne, 10s. 6d. ; 2d, Charges at coal-market in London, including city dues, insurance, &c, 2s. 8d. ; 3c?, Freight to shipowner, including harbour dues, &c. ? 9s. 4d. ; 4th, coal-merchant in London, including screening, carting, &c. 10s. ; in all, £1, 12s. 6d. {Par. Paper, 1838, No. 475, pp. 7, 165.) Notwithstanding the clamour which has been raised upon this subject, it may be doubted whether any material reduction could be made on the price charged by the northern coal-owner, as he is kept in check by the competition of proprietors in other places, who are not parties to the alleged combination. But the fact that the cost free on board, in the Tyne, is more than trebled upon the consumer in London, shows that abuses must exist in the mode of conducting the trade there; and on examination this will be found to be the case. An unnecessary delay occurs in the discharge of coal-vessels after their arrival in the Thames,— a circumstance which must produce an extra charge for freight ; while, in unloading and in all subsequent operations, a want of economy is conspicuous, and charges are accu- mulated in a manner without parallel in any other port of the kingdom. In Edin- burgh, situated on elevated ground, 2 miles from the port, the shipping price of Newcastle coal is only about doubled on the consumer. The exportation of coals was formerly checked by a heavy export duty of 6s. 5d. per ton upon large, and Is. 8d. per ton upon small coals ; but in 1831 these duties were modified ; and in 1835 (4 & 5 Wm. IV. c. 89) they were repealed, with the exception of an ad valorem duty of 10s. per cent, when exported in a British ship, and of 4s. per ton when exported in a foreign ship. No duty is exigible on shipments to the British colonies. As coal can be frequently taken as bal- last, it is now exported in increasing quantities to foreign countries. In 1839, the quantity exported was, as already stated, 1,449,417 tons ; whereof, France, 340,373 tons ; Holland, 180,348 tons ; Denmark, 129,005 tons ; Germany, 116,678 tons ; Russia, 78,054 tons ; Prussia, 83,942 tons ; Italy, 30,279 tons ; Malta, 27,988 tons ; British America, 50,983 tons ; British West Indies, 64,078 tons ; United States, 52,930 tons ; Brazil, 21,066 tons ; other countries, 273,693 tons ; the declared value of the whole was £542,609. It is not now necessary to enter into bond for the due exportation of coals to British possessions ; but when they or any other articles shall be exported in foreign vessels, on payment only of the low duty (under treaties of reciprocity), security by bond shall be given (for the amount of duty at risk) for the due landing of the articles so exported in some port of the country to which such vessel shall belong, and for the production, within six months, of certificates by the British consul at such port of the due landing of the cargoes, before such bonds shall be discharged: the parties executing the bond are to be the master and mate of the vessel only, and the stamp-duty on the bond is to be remitted to the party. (Min. Com. Cus. July 12, 1837; Treat. Order. Nov. 7, 1837, and Dec. 22, 1838.) Duration of Coal. — There is much fallacy in the conjectures which are so frequently hazarded in regard to the duration of our coal-mines. Some persons perceive in them a store of fuel laid up for thousands of years, even at the present increasing rate of consumption ; while others pronounce as confidently that cold and starva- tion await us before five centuries shall have elapsed. The present vast demand, it is true, would exhaust our known coal-fields in a calculable time, but we have the unknown, or rather unsurveyed, in reserve, to which ingenuity and enterprise will gradually extend themselves. We have also ground to hope that the present waste of coal in the mine and on the bank cannot always continue, for in the progress of knowledge we have an assurance, that every year, as it increases the necessity, will also increase the means of economizing our resources. When we consider the augmented effect of coal in the steam-engine since the days of Watt, and the saving * Much dissatisfaction exists among the owners of the best coals in the north with the coal-fac- tors* regulation in London, which often precludes the best description of coal from being offered for sale until the inferior qualities have been taken off the market by the coal-merchants, and it u considered as not improbable that some alteration in the present system will be the result. CO A 164 COC of fuel which the introduction of the hot-blast, and of anthracite coal in the smelt- ing of iron, promises to occasion, we cannot doubt that a general rise in the price of coal would stimulate ingenuity to the discovery of other improvements by which equal effects might be produced without increase of cost. Such a stimulus is already in some measure supplied by the economy of fuel which the employment of steam- vessels in long voyages renders necessary, and from this important results must follow. Meantime, the only legitimate end to be aimed at by speculators on the duration of coal, is the prevention of all waste. If, to the best of our power, we husband our resources, we may safely leave to posterity the management of their own interest, — the task of compensating for a diminution of mineral resources by an increase of mechanical skill and ingenuity. S COASTING-TRADE. [Commerce. Customs. Shipping.] COB, a name given in some places to the hard dollar. COBALT (Fr. Cobalt. Ger. Kobalt), a reddish-gray brittle metal, somewhat soft, and difficultly fusible; it possesses little lustre. Sp. gr. 8"6. The finest spe- cimens are the produce of Saxony. Cobalt is never employed in a separate state, but the impure oxides of the metal, called zaffre and smalts, are extensively used as colouring materials. Cobalt blue, or Thenard's blue, is a beautiful pig- ment prepared from the phosphate of cobalt, which may sometimes be introduced by painters as a substitute for ultramarine. (Brande's Chemistry.) COCA, a shrub (Eryihroxylon coca) cultivated extensively on the Andes of Peru, on account of its leaves, which, when dried and mixed with burnt lime, form a stimulating narcotic, which is much used by the Peruvians as a masticatory. The use of coca brings on a state of apathy to all surrounding objects, and its effects are of the most pernicious nature, exceeding even those of opium in the destruction of mental and bodily powers. A confirmed coca-chewer, or coquero, is said never to be reclaimed. In Peru and Bolivia, the value of this drug prepared annually is estimated at above 2| millions of dollars. COCCULUS INDICUS (Fr. Coque de Levant. Ger. Fischkormer. It. Galla di Levante. Malay, Tuba bidij. Tarn. Kakacollie verei. Sans. Kakamari), a name given to the berries of the Menispermum cocculus (Linn.) of Malabar. They are about the size of large peas, of a gray colour, and wrinkled surface, and contain a kidney- shaped seed within a very thick shell. Four ounces of the nut afford one ounce of the -seeds. The shell has little taste, but the seed is poisonous and in- tensely bitter. Cocculus indicus is said to be employed by some brewers as a substitute for hops, though its sale and use for such a purpose is prohibited under severe penalties by 56 Geo. III. c. 58. It is sometimes used externally in medicine. About 2000 lbs. are annually entered for home consumption. S COCHIN-CHINA. [Annam.] COCHINEAL (Du. Conchenilje. ~Fr.Cochenille. Ger. Koschenilje. It. Cocciniglia. Por. Cochenilha. Rus. Konssenel. Sp. Cochinilla, grana), a beautiful red dye-stuff, is the female of a small insect (Coccus cacti) a native of Mexico, which feeds on the leaves of the cactus opuntia, from which it is supposed to derive its colour. After being collected from the plants, they are plunged into boiling water to kill them, and dried in the sun. Cochineal is imported in small rugose inodorous grains, commonly of a deep mulberry-colour, and covered more or less with a whitish down. Those insects are preferred which are dry and plump. In the British market the quali- ties are distinguished by the names Black, Silver, and Foxy, the respective prices of which, in bond, were recently stated at 8s., 7s., and 6s. per lb. It is liable to be adulterated by mixture with old insects, composed of mere skin, and with spurious grains manufactured of coloured dough; the latter are detected by the action of boiling water, which dissolves them, while it has little effect upon the genuine insect. Care should likewise be taken that the dark colour has not been communicated by art, which may be discovered by the article having, in this case, an unpleasant odour. Cochineal, though affording a crimson solution, is generally used for dyeing scarlet, and is employed chiefly for woollen goods. The production of cochineal is confined to Mexico and Central America; but, as it comprehends a great value in small bulk, it is frequently used by merchants for remittances, and is thus imported from many other places besides the countries of production. The consumption in this kingdom was nearly doubled after a great diminution of the duty in 1824; and it has again much increased since the lato reduction to Is. per cwt. (1 & 2 Vict. c. 113), which took effect from the 5th January 1839; the average quantity annually entered for home consumption in the four previous years having been 170,000 lbs.; whereas, in the year to 5th January 2840, it amounted to 490,000 lbs. s COC 165 COD COCKET, a custom-house warrant, given on the entry of goods for exportation, in evidence of their having paid duty, or being duty free. COCKLE, a shell-fish (Cardium) which abounds in the seas of almost every warm and temperate climate. It is generally found buried in sand near the shore. The species are numerous, and some grow to a very large size. The common cockle (C. edule) is well known as a cheap article of food in most of the towns on our coast. COCO, or COCOA-NUT (Pers. Narjible), is the product of a species of palm (Cocos nucifera) found in all tropical countries. The milk of the cocoa-nut is a pleasant refreshing liquor contained within the kernel while it is yet growing, aud which diminishes in quantity as the kernel approaches to maturity. This last has much the taste of the filbert. The importance of the cocoa-nut tree to mankind has caused it to be cultivated wherever the climate is favourable to its growth. It is sometimes found throughout extensive tracts, to the exclusion of all other trees. Almost the whole Brazilian coast, from the river San Francisco to the bar of Mamanguape, about 280 miles, is thus occupied ; and it was estimated some years ago that about 10,000,000 trees were growing on the south-west coast of Ceylon. The nuts are generally brought to Europe as wedges to fasten casks and other packages in vessels ; their freight, therefore, costs nothing. About 400,000 lbs. are annually entered for home consumption. S The cocoa palm is from 60 to 100 feet in height, and 1 to 2 feet in diameter; at the top it is crowned with a magnificent tuft of leaves, each about 14 feet in length, and resembling an enormous feather. A good tree produces from 50 to 80, sometimes 100 nuts in a year ; and each nut is considered equivalent, as food, to at least 3 oz. of rice. It grows best in the moist low grounds that border the seacoast, or which form the neighbouring islands. Nothing can be more beautiful than these cocoa groves. The bare trunks rise like columns to a vast height, and the regular foliage, arching their summits, carries the eye along the vistas, as it were, of a boundless gothic edifice. It is a very prolific tree ; flowers are put forth every four or five weeks, and thus flowers and fruit are generally to be seen at the same time. It furnishes materials for almost an infinite variety of purposes. Of the roots are constructed baskets ; of the hollowed trunk, drums, pipes for aqueducts, and similar articles. The reticulated substance at the base of the leaves, besides serving for infants* cradles, is manufactured into coarse sackcloth. The terminal bud is accounted a delicacy for the table. The leaves are employed for thatching buildings, for making baskets, fonccs, and torches, besides furnishing the chief diet in Ceylon for the tame elephants ; in a young state they are transparent, and are made into lanterns by the natives. The woody ribs of the leaflets are formed into a kind of basket-work for catching fish, and into the brushes and brooms employed for domestic purposes. Good potash is yielded by the ashes, and the latter is used instead of soap by the native washermen. From the unexpanded flower is procured a sweet juice which is converted into wine, and subsequently distilled into arrack, which is manufactured in very large quantities in the island. From palm-juice is likewise prepared, in great abundance, a coarse kind of sugar called jaggery. The value of the fruit of this tree can only be fully appreciated in the countries that produce it. The fibrous covering is an admirable substitute for hemp, and is largely manufactured into coir [Coir], a substance pecidiarly well adapted for the cordage of vessels. In short, to such a variety of purposes is the cocoa-nut tree applied, that, according to Mr Martin, the natives of the Maldive Islands send an annual embassy to Ceylon, the boats con- veying which are entirely prepared from this tree, the persons composing the embassy clothed and fed on its products, and the numerous presents for the governor are all manufactured from this queen of the palms. Cocoa->" ut Oix. is obtained from the albumen, or white solid matter contained within the shell, by pressure or decoction ; usually the former. This oil is used in lamps, in the manufacture of candles and torches, in the composition of pharmaceutical preparations ; and mixed with dammer it forms the substance used in India for calking the seams of ships. It is largely imported into the United Kingdom from Ceylon, and about 30,000 cwts. are annually entered for home consumption. COCOA. [Cacao.] COCOON, the oblong roundish ball formed by the silk- worm by winding around itself the silk which it draws from its bowels. COD (Dn. Kabeljaauw, Baukaelja. Fr. Morue. Ger. Kabljau, Bakalau. It. Daccala. Por. Bacalhdo. Sp. Bacalao), the most valuable of the white fish {.Gadus Morrhua, Linn. ; Morrhua vulparis, Cuv.) is found universally from Iceland nearly to Gibraltar, and is very abundant on the coast and islands on the E. side of Ame- rica, from N. lat. 40° to 66°, particularly at Newfoundland. It spawns in our seas about February, and nine millions of ova have been found in the roe of one female. It is in the best condition, as food, from the end of October to Christmas. Two varieties are distinguished in the British seas, the northern or Scotch cod, a blunt- headed, lighter-coloured fish ; and the southern or Dogger Bank cod, a sharper- nosed, darker fish : both are equally good, and are sometimes taken on the same ground. As cod generally inhabits water from 25 to 40 fathoms deep, its capture is only attempted with lines and hooks. It is voracious, and easily taken ; from 400 to 550 fish have been caught at the Newfoundland bank, in 10 or 1 1 hours, by one man. " In this country, it appears to be taken all round the coast ; among the COD 166 COD islands to the N. and W. of Scotland it is abundant ; most extensive fisheries are carried on ; and it may be traced as occurring also on the shore of almost every county in Ireland." — P A change has lately taken place from the cod having shifted their ground. Formerly the Gravesend and Barking fishermen obtained no cod nearer than the Orkneys or the Dogger Bank ; but for the last two or three years, the supply for the London market has been obtained by going no farther than the Lincolnshire and Norfolk coasts, and even between that and London, where pre- viously very few fish could be obtained." (YarrelVs British Fishes.) The Great Bank of Newfoundland, the celebrated resort for the cod-fishery, is a large rocky shoal extending towards the east of the island, about 600 miles in length ana 200 in breadth. The ocean flowing over this vast submarine mountain contains perhaps as much human food as a land territory of equal extent ; and although the maritime nations have for several centuries laboured indefatigably in it, not the slightest diminution of fruitfulness has ever been observed. For a long time the fishery was chiefly confined to this bank, and to vessels sailing from European ports. As soon, however, as permanent settlements began to be formed, it was found that the S. E. coast, rocky and deeply embayed, afforded a supply almost equally ex- haustless, the produce of which could be cured there much more cheaply and con- veniently. The bank-fishery was in consequence gradually deserted by the British ; and if the French and Americans still carry it on to a certain extent, we may conclude that it is entirely owing to the want of the same conveniency on shore. The fishery now carried on by our countrymen chiefly extends along the coasts of Labrador, principally the south-eastern tract opposite to Newfoundland, and separated from it by the Straits of Belleisle. Twenty thousand British subjects are annually employed, with from two to three hundred schooners, on the Labrador stations. About four -fifths of what we prepare is afterwards exported to the southern countries of Europe, chiefly for consumption during Lent, and the other fasts of the Roman Catholic church. A great quantity is carried into Newfound- land green or pickled, that is, it is split and salted, but has not been dried at the stations. In general, however, it is dried ; after undergoing which, and a careful inspection, it is divided into three sorts :— 1. Merchantable, of the finest colour and quality. 2. Madeira, which are nearly equal to the first. 3. West India, decidedly inferior, yet capable of standing a sea-voyage, and being kept a consider- able time. These last, with the greater part of the Madeira, are destined for the aliment of the negroes in the West Indies. The bank-fish is inferior in appearance to the shore-fish, and, to a certain degree, in quality, from the process of drying (which must be done on shore) being often performed too late, and with fewer conveniences than in the case of the shore-fishery. It is, however, of a larger size, which secures a preference in some markets. The annual produce of the British fishery of Newfoundland, including the fish carried there from Labrador, at different periods since 1790, was as follows. The quantities stated are quintals of dried fish, each equal 112 lbs., or 1 cwt. avoir- dupois. quintals 760,177 619,177 883,536 674,988 727,586 860,354 The state of the fishery may thus be regarded as stationary. The price ob- tained for eod, however, has varied remarkably. In 1814, it was estimated at £2 per quintal ; in 1831, 1832, and 1833, at not more than 10s. In 1834, it rose to about 13s. ; but in 1835, again fell to 10s. The value of the 860,354 quintals dry fish, in 1836, is stated in the public accounts at £517,457, of which there were exported, 810,598 quintals, value, £483,638 sterling ; the value of the core and pickled fish, in the same year, being, besides, £1665. This, however, was exclusive of the fisheries of Nova Scotia, Cape Breton, Canada, and New Brunswick, the produce of which is stated under these heads respectively. The quantity of fish imported into the United Kingdom, re-exported, and consumed, for a series of years, is stated in the accounts of the Board of Trade as follows, without however distinguishing the portion thereof consisting of cod : — Imported, cwts. Re-exported Entered for consumption Great Britain, by the treaty of 1816, ceded to France the right of fishing on the 1790, 1791, 1792, average quintals 656,800 1830 1798, 1799, 1800 382,881 1832 1805 . . 526,380 1833 1815 1,245,808 1834 1820 899,729 1835 1825 973,464 1836 1834. 1835. 1836. 1837. 1838. 51,974 68,337 86,165 125,133 103,448 17,412 5,360 9,916 13,310 6,574 34,562 62,752 76,474 111,823 96,874 COD 167 COF shores of Newfoundland, from Cape John to Cape Ray, with the islands of St Pierre and Miquelon ; and in 1832, this power employed ahout 325 vessels, of from 100 to 400 tons each, in her fisheries on the British American coasts and banks, and 14,000 fishermen ; and the produce of their fishery in the same year was about 354,000 quintals, value £300,000 sterling ; to protect which the government pays on the average £50,000 in bounties. The French vessels are principally fitted out at St Malo, Bordeaux, Brest, Marseilles, and Dieppe. The Americans of the United States, by the convention of 1818, possess the pri- vilege of fishing along all the coasts within three marine miles of the shore ; and of curing fish in such harbours and bays as are uninhabited, or, if occupied, with the consent of the inhabitants. Their first spring voyage is made to the banks ; the second either to the banks, Gulf of St Lawrence, or the coast of Labrador; the third, or fall voyage, is again to the banks ; and a fourth, or second fall voyage, is also made, sometimes to the banks. In these fisheries they have annually engaged from 1500 to 2000 schooners of 90 to 130 tons, employing about 20,000 seamen. The total produce of their cod-fishery was stated some years ago at 1,850,000 quintals, of which about 1,500,000 quintals were taken in the British American seas. The adventurers receive no bounty from their government, but they possess peculiar advantages from their vicinity to the fishing-grounds. Their vessels are chiefly fitted out at Boston, and other ports on their north-eastern coast. The history of the cod-fishery, and of the dissensions it has frequently produced between the maritime states, with a full account of the different methods by which the fish are caught and cured, will be found in M'Gregor's " British America," vol. i. chap. 9 & 10; also in Edinburgh Cabinet Library, " British America," vol. ii. chap. 12, [Fisheries.] S COD ILL A, the part separated or picked out in cleaning hemp or flax. COFFEE (Du. Koffy. It. & Por. Cafe. Ger.Koffe. Rus./To/e. Fr.&Sp.Ca/e) is the berry of the Coffea Arabica, an evergreen shrub with an erect slender trunk, in height from 8 to 15 feet, and having long flexible branches. The flower resem- bles that of the common jasmine, and the fruit is like a small red cherry, enclosing within a soft pulp the two oval seeds familiar to every one as the coffee bean of commerce. The shrub begins to produce fruit when about 2 years old, and yields, according to its age and size, from 1 to 4 or 5 lbs. ; but the quality of the produce from young plants is inferior to that from such as are 4 or 5 years old. Coffee only 2 or 3 months from the tree is not so good as that which has been kept a year; but when older it becomes deteriorated. When of good quality, the seeds or beans are hard and heavy, sink quickly in water, are of a light yellowish-green colour, sweetish taste, possess in a slight degree the peculiar odour of coffee, and are free from any damp smell. The beans from the West Indies are larger than those from the East. Before being used for domestic purposes they are roasted, a process by which they are increased to nearly twice their original size, while they lose about one-third of their weight. Coffee is very apt to imbibe moisture, or the flavour of any thing placed near it ; much attention is therefore necessary in packing it on board ship or otherwise. The coffee shrub is indigenous to Abyssinia and Arabia, but it has been trans- flanted into many tropical countries, and is now of great commercial importance. ts chief celebrity, however, is derived from Arabia, where its cultivation seems to be best understood. The quantity shipped from the different places of its produc- tion is at present estimated at upwards of 250,000,000 lbs. The chief places, stated according to their importance in this respect, are Brazil, 72,000,000 lbs.; Cuba, 64,000,000 lbs.; Hayti, 40,000,000 lbs.; Java, 30,000,000 lbs.; British West Indies, Dutch Guiana, South American States, Ceylon, British India, French West Indies, Porto Rico, Sumatra, Bourbon, Philippines, and Mocha. The consumption of coffee in this country was inconsiderable until of late years. In 1790, it amounted only to 973,1 10 lbs. ; the duty on British plantation coffee being at the same time about 10^d. per lb. An increase of the duty in 1795 to about Is. 5£d. per lb. reduced the consumption ; and in 1800 it was only 826,590 lbs. An impetus, however, was given to the trade in 1807, when the duty was reduced to 7d. per lb.; and in 1810, the quantity entered for home consumption was 5,308,096 lbs. In 1820 it was 6,869,286 lbs. Its subsequent progress is shown in the following table :— - COF 163 COF Account of the Quantities of Coffee imported, exported, and consumed in the United Kingdom ; with the rates of import duty, revenue arising therefrom, and price of fine Jamaica Coffee in bond in July in the following years : — Years. 1831.. 1822., 1823. . 1824.. 1825. , 1826. . 1827. . 1828. , 1829. , 1830. , 1831.. 1832.. 1833. , 1834.. 1835.. 1836.. 1837.. 1838.. 1839. . 1840. . Imported. Exported. Consumed lbs. 45,237,869 44,003,124 45,053,373 ,674,249 52,597,518 42,017,103 47,938,047 41,069,731 a9,071,215 40,952,163 43,007,828 50,225,939 34,426,109 41,865,111 28,398,493 34,054,837 36,412,514 39,932,279 39,850,752 lbs. 635,956 ,825,535 ,025,691 ,517,736 ,392,389 ,894,278 ,475,870 ,785,980 ,023,410 ,087,994 485,474 719,742 349,578 ,250,480 ,346,537 ,681,758 ,060,975 ,293,290 ,762,587 lbs. Duty per lb. *. d. W.Ind.B.P 1 (-E.Ind.B.P 1 j Foreign 2 Revenue. Price per Cwt. W. Ind. B. P.. E. Ind. B. P.. Foreign , ... ... W. & E. Ind. B. P. pro- duce of & import, from E. Ind. B. P. imp. from E. Ind. imp. from 1 Foreign 1 387,342 428,613 "j 420,988 I 315,809 336,570 399,690 1440,245 6 484,975 9 579,363 3 583,751 589,858 591,241 614,434 652,124 691,616 6 696,645 9 685,082 779,855 3 S. 119 to 140 .. 125 .. 87 .. 88 .. 85 .. 73 M 79 87 107 70 06 83 108 90 124 131 Of the 39,932,279 lbs. imported in 1838, there were brought from the British West Indies 17,588,655 lbs.; East India Company's territories and Ceylon, 7,785,963 Jbs. ; Brazil, 10,373,713 lbs. ; Hayti, 1,655,494 lbs. ; Cuba and other Foreign West India colonies, 685,509 lbs. ; Cape of Good Hope, 506,874 lbs. ; West Coast of Africa, 267,303 lbs. ; Colombia, 3/5,329 lbs. ; the remainder in smaller quantities from Mauritius and other places. The chief exportations in the same year were to Belgium, 2,586,500 lbs. ; Holland, 2,049,220 lbs. ; Italy and Sicily, 2,308,822 lbs. ; Turkey, 1,546,695 lbs. ; Russia, 669,305 lbs. ; Germany, 532,434 lbs. ; Malta, 177,413 lbs.; and Syria, 128,158 lbs. It may be noticed, however, that besides the quantities of coffee entered as imported into the United Kingdom, numerous cargoes from Brazil and other foreign countries are sold in London by sample ; the vessels waiting in a roadstead in the Channel until a sale is effected, when they are de- spatched, without breaking bulk, to Hamburg, Antwerp, Rotterdam, or some other port on the Continent. The consumption of coffee in the United Kingdom has now overtaken the supply from the British West Indies and other colonies admissible at the low duty of 6a. per lb.; and the great increase of price which has consequently taken place, has, besides rendering adulteration with chicory, roasted rye, and burnt corn, very com- mon, made it an object to import foreign coffee by way of the Cape of Good Hope, which, being held to be a British possession within the limits of the East India Company's charter, entitles such coffee to be introduced into this country for con- sumption at the next lower duty of 9d. per lb. In this way, great quantities of coffee, the produce of Brazil, Hayti, and other foreign countries,have been entered for home consumption ; the additional cost of sending it for transhipment at the Cape being only trom ^d. to Id. per lb. Java coffee is likewise introduced in this way through the Cape and Singapore. These evasions of the law, called in trade " colonizing coffee," have been chiefly practised since the end of 1838, before which time the quantity introduced at the 9d. duty was quite inconsiderable. The Is. duty is nearly an exclusion ; that at Is. 3d. is entirely so ; the coffee imported into this country direct from Brazil. Hayti, and other foreign countries being merely warehoused for re-exportation to the Continent. The absurd operation of the present regulations, under which the British con- sumer is made to pay the higher duty, and an increase of freight, while the foreign coffee is not excluded from the British market, though this was obviously the purpose of the law, has already engaged the attention of Parliament {Report on Import Duties, 1840), and it is considered probable that another session will not be allowed to pass without some remedy being applied by the legislature. The formation of temperance societies and other circumstances with regard to the habits of the people, are such as to be greatly more favourable than formerly to the use of coffee by the humbler classes, and little doubt is entertained that the re- venue derived from it might be much increased by a different arrangement of the COF 169 COI duties. The following table, prepared by Mr Porter of the Board of Trade (Re- port on Import Duties, p. 200), exhibits, in a striking point of view, the advan- tageous effects which have been produced by the past reductions of the duty : — Consumption of Coffee in Great Britain. Years. 1801 Population. Pounds Weight Consumed. Rate of Duty. Consumption per Head. Tax per Head. 10,942,646 12,596,803 14,391,631 16,539,318 18,275,946 750,861 6,390,122 7,327,283 21,842,264 24,920,820 $. d. 1 6 per lb. 7.. 10.. 6.. 6.. OZ. 1-09 812 8-01 21 13 22-60 d. H 4 6 8 8* 1811 1821 1831 1838 The act 3 & 4 Wm. IV. c. 52, § 32, provides that no abatement of duties shall be made on account of anv damage received by coffee ; and by 3 & 4 Wm. IV. c. 57, § 33, coffee may be abandoned for duty. [Customs. Warehouse.] Coffee-dealers must take out a license renewable annually. In London, coffee is sold in bond; the business is done in the market, either by public sale or private contract. The terms are — E. I. and W. I. British Plantation, 1 month, 1 percent, discount, allowing 4 per cent, for cash ; East India at a prompt of three months from the day of sale without discount ; Foreign, 1 month, 2 J per cent, discount, and 4 per cent, for cash. The tares are the same as allowed by the revenue. The draft on B. P., namely, casks of 5 cwt. and upwards, 5 lbs. ; under 5 cwt. 4 lbs."; barrels and bags, 2 lbs. ; Foreign and East India, 1 lb. The prices in bond of the different kinds of coffee in the London market in January 1841 were as follow :— t. d, s. d. Jamaica. Fine, Middling, 3.... 26,622,696 8,032,643 20,467,531 .... 36,127,787* 1804.... 27,819,552 8,938,741 22,687,309 37,135,746* 1805.... 28,561,270 7,643,120 23,376,941 13,625,676 24,45i,468 38,077,144 1806.... 26,899,658 7,717,555 25,861,879 11,363,635 29,511,348 40,874,983 18«7.... 26,734,425 7,624,312 23,391,214 9,002,237 28,243,640 37,245,877 1808.... 26,795,540 5,776,775 24,611,215 9,016,033 28,259,069 37,275,102 1809.... 31 ,750,557 12,750,358 33,542,274 15,849,449 31,521,944 47,371,393 1810.... 39,301,612 9,357,435 34,061,901 15,627,806 32,810,874 48,438,680 1811.... 26,510,186 6,117,720 22,681,400 12,834,680 20,056,032 32,890,712 1812.... 26,163,431 9,533,065 29,508,508 41,716,964 1813.... Recor< Is destroved b yfire. 1314.... 33,755,264 1 19,365,981 34,207,253 26,869,591 18,624,628 45,494,219 1K15.... 32,!>87,396 15,748,554 42,875,996 20,736,244 30,866,784 51,603,028 1816... . 27,431,604 13,480,780 35,717,070 18,653,555 23,004,318 41,657,873 1817 30,834,299 10,292,684 40,111,427 19,093,574 22,667,558 41,761,132 1818 36,885,182 10,859,817 42,700,521 19,439,382 27,163,867 46,603,249 1819 30,776,810 9,904,813 33,534,176 16,790,652 18,417,669 35,208,321 1820... . 32,438,650 10,555,912 38,395,625 18,429,503 17,995,149 36,424,652 1821.... 30,792,760 10,629,689 40,831,744 15,903,442 20,756,188 36,659,630 1822.... 30,500,094 9,227,589 44,236,533 16,601,562 20,367,402 36,968,964 1823.... 35,798,707 8,603,904 43,804,372 14,857,128 20,600,920 35,458,048 1824.... 37,552,935 10204,785 48,735,551 15,698,940 24,697,360 40,396,300 lass.... 44,137,482 9,169,494 47,166,020 14,646,358 24,231,030 38,877,388 1826.... 37,686,113 10,076,286 40,965,735 13,893,270 17,643,453 31,536,723 1827-... 44,887,774 9,830,728 52,219,280 14,478,964 22,702,371 37,181,335 1828.... 45.o28.805 9,946,545 52,7^7,455 13,775,870 23,036,886 36.812,756 1829.... 43,981,317 lo. 622,402 56,213,041 14,545,474 21,297,149 35,842,623 1830.... 46.245,241 1 8,55<»,437 61,140,864 15,610,638 22,660,959 38,271,597 1831.... 49,713,889 ; 10,745,171 60,683,933 13,550,440 23,613,932 37,164,372 1832.... 44,586,741 Il.(i44,8'i9 65,026,702 15,584,006 20,866,588 36,450,594 1833.... 45,952,551 9,833,753 69,989,339 15,611,789 24,055,558 39,667,347 1834.... 49,362,811 11,562,036 73,831,550 18,007,033 23,642,158 41,649,191 1835.... 48,911,542 12,797,724 ■78,376,731 18,464,433 28,907,837 47,372,270 1836. . . . 57,023,867 12,39J,711 85,229,837 19,011,066 34,357,505 53,368,571 1837.... 54,737,301 13,233,622 72,548,047 19,071,303 22,999,441 42 J '70,744 1 1838.... 61,268,320 12,711,318 92,459,231 21,711,295 28,349,675 50,060,970 1 1839.... 62,004,000 12,795,990 97,402,726 20,414,520 32,819,060 53,233,580 * These apply to Great Britain only : the exports from Ireland are, however, inconsiderable. COM 190 COM The official value stated in the preceding table is rated according to a scale estab- lished so far back as 1696, when prices were altogether different from what they are at present ; but the system has been preserved in the public accounts without alteration, because it is supposed to afford a correct measure of the comparative quantity of merchandise which has made up the sum of our imports and exports. On the other hand, the real or declared value is estimated at the market price, agreeably to the sums declared by the exporting merchants ; this latter method, however, is only applied to the exports of the produce and manufactures of the United Kingdom. If the progress of our foreign commerce be measured according to the official valuation, it appears that the increase since the commencement of the century has been very great ; the amount of exports of British produce and manufactures within this period having indeed been nearly tripled. But if the declared value is to be assumed as the test of these last, it will be seen that little or no progress has been made, — that in fact, if one or two late years are excepted, the amount of our foreign trade has not been equal to that which was carried on during some of the years when we were at war with nearly all Europe, nor to that of the first five years of peace that followed. A still less flattering aspect is presented by that part of our commerce which, being carried on with the rich and civilized inhabitants of European nations, should present the greatest field of extension, — more especially when we look to the change which has of late taken place in the nature of our exports to those countries. This is shown in the following table prepared by Mr Porter, of the Statistical Department of the Board of Trade (Par. Report on Im- port Duties, 1840, No. 601), and which exhibits facts of the utmost importance to the general interests of the country. Table showing the value of British Produce and Manufactures exported to various districts or quarters of the world in 1827 and 1838, distinguishing finished ma- nufactures and goods into the value of which much labour has entered, from materials of manufacture, and goods upon which but little labour has been be- stowed ; showing also the centesimal proportions of each of these two descrip- tions : — Russia, Sweden, Nor- way, & Denmark Prussia, Germany, Hol- land A: Belgium. Southern Europe Cape of Good Hope. . . . 1827. 1838. Goods into the Value of which has entered Centesimal Pro- portion of Column Number Goods into the Value of which has entered Centesimal Pro- portion of Column Number Much Labour. Little Labour- Much Labour Little Labour. I. 2. 1. 2. 1. 2. 1. | 2. £ 498,437 4,773,648 4,987,269 196,968 173,874 224,378 3,812,199 295,424 1,159,340 2,927,228 860,723 6,725,676 2,137,111 1,648,936 275,265 £ 1,101,309 2,159,869 958,432 19,590 21,839 34,839 647,123 44,706 238,010 655,994 46,586 292,596 174,998 43,274 45,694 31*15 68-84 83-88 90-95 88-84 86-56 85-48 86-85 82-96 81-69 94-86 95-83 92-43 97-44 8576 68-85 31-16 16-12 9-05 11-16 1344 14-52 13-15 17-04 18-31 5-14 4-17 7-57 2-56 14-24 £ 422,081 4,193,921 7,493,907 576,555 414,240 689,964 4,508,077 1,198,900 1,745,833 2,916,129 1,222,326 6,782,077 2,420,806 2,072,821 288,059 £ 1,602,698 5,567,641 2,619,397 46,768 53,102 67,130 1,110,879 137,762 246,624 477,312 93,205 803,683 185,798 47,480 55,795 i 20-84 79-16 1 42-96 57-04 74-09 25-91 92-49 : 7-51 88-63 11-37 91-13 8-87 80-23 1977 89-69, 1031 87-62 1-2-38 85-93 14M»7 92-91 7-<>9 89-40 10-6o 92-87; 713 9775 2-25 8377 ' 16-23 Other parts of Africa.. . Australia British North American Colonies British West Indies Foreign West Indies United States of America Other parts of S. Ame- rica & Mexico Guernsey, Jersey, Alder- Total . 30,696,476' 6,484,859 82-56 17-44 36,945,696 13,115,274 73-H0 26-211 Comparing 1827 with 1838, it appears, that the proportion of fully manufactured foods exported in the former year was .... 82"56 per cent, n the latter year, 73'80 If the shipments to British colonies and dependencies are separated from those to foreign countries, it appears that the proportionate value of the aggregate ship- ments in those two years was nearly the same, viz. ; — COM 191 COM 1827, Value of Shipments to Colonies to Foreign Countries 1838, Value of Shipments to Colonies to Foreign Countries Centesimal Proportions. 28-27 7173 27-52 72-48 100 -100 But if those values are separated according to the degree of labour bestowed, will be found that the proportions are, Much Labour. Little Labour. Colonies . 1827 . . 84'09 . 15'9l 1838 . 84-55 . . 15'45 Foreign Countries 1827 . . 81'95 . . 18'05 ." 1838 . 6972 . . 30*28 Separating further the shipments to Northern Europe, it will be found that the proportions are, 1827. 1838. Much labour . . 6178 . . . 39'16 Little labour . . 38"22 . . 60*84 100 100 100 100 100 100 The actual amount of Shipments in 1827 and 1838 to British Colonies, to Foreign Countries generally, and to Northern Europe, was as follows : — ■ 1827. 1838. Much La- bour. Little La- bour. Total. Much La- bour. Little La- bour. Total. ~£ 13 11R (ML £ £ 8,840,268 1,672,956 21,856,208) 4,811,903 £ 10,513,224 26,668,111 £ 11,647,793 25,297,903 £ 2 128 242 To Foreign Countries gen- 10 987.032 3R.2B4 Q35 To Northern Europe ' ' 30,696,476 1 6,484,859 37,181,335 36,945,696 13,115,274 '50,060,970 5,272,085 3,261,178' 8,533,263 4,616,002 7,170,339 11,786,341 These results afford strong evidence of the unsatisfactory footing upon which our trading relations with the nations of Europe are established. These countries, particularly those of the North of Europe, which now take a diminished proportion of our more highly manufactured commodities, possess an abundance of productions suited to our wants, which they are naturally desirous of exchanging for the pro- ducts of our looms and our mines ; but by our imposing high duties upon corn and timber, the principal articles they have to give us in exchange, they have, in order to employ their own population, been driven to manufacture for themselves ; " and now," as the President of the Manchester Chamber of Commerce lately remarked, " we have rivals where we should otherwise have had customers." Similar impediments exist to the extension of our intercourse with other countries, arising, however, no less from the anti-commercial system of legislation of the governments of those countries than of our own. In the report lately presented to the House of Commons by the Committee on Import Duties, the progress of manufactures throughout Europe, the growing competition with which our merchants have now to contend in foreign markets, and the consequent necessity of releasing their goods as much as possible from the unequal burden of our taxation, are very fully ex- plained. It is shown clearly that the complicated system of our duties tends, among its other evils, to derange the natural course of trade, and to place under particular disadvantages our manufacturers who go abroad in quest of a market. An account of the remedies suggested in this report is given in the article Tariff, to which head we likewise refer for other details relating to the present condition of our foreign commerce. Ill — Principles of Commerce. These may be partly inferred from what has been already stated. Commerce is only productive of wealth in an indirect manner. The merchant produces no alteration on the articles which he buys and sells : he merely exchanges one com- modity for another ; and in general, what is given is the exact equivalent of what COM 192 COM ia received. The advantage of commerce — and it is difficult to overestimate its importance— consists in the uninterrupted scope and efficiency which it gives to the division and distribution of labour, by placing it in the power of individuals to prosecute continuously such employments as suit their taste or capacities. The inter- vention of the commercial class gives continuous motion to the national industry. They collect together every variety of commodities in warehouses and shops, and enable individuals, without loss of time, to supply themselves with whatever they want. Without the assistance of the merchant, it would not be possible to confine ourselves to one branch of industry, and all the advantages of co-operation and combination would be lost. Commerce, besides, is eminently conducive to the wealth and prosperity of a country, by balancing what is deficient in one dis- trict with what is superfluous in another ; and by enabling it to import the com- modities for the production of which the soil, climate, capital, and industry of foreign countries are best calculated, and to export in, payment those articles for which its own situation is better adapted. By this distribution of the various articles suited to the accommodation of man in different and distant regions, or, as it may be de- scribed, this territorial division of labour, Providence has, by a beautiful arrange- ment, and one which will probably lead to the general civilisation of the world, provided for the mutual dependence of individuals and nations, and made even their selfish pursuits subservient to the general good. In order that each community may avail itself to the uttermost of its peculiar means of production, it is essential that commercial intercourse should be free and unrestricted. Respecting the freedom of the home trade, or that between different parts or provinces of the same country, no difference of opinion is now entertained. Without this freedom there would have been little or no wealth, only a limited population, and that population rude and barbarous. But although foreign trade is to all the countries in the world merely what home trade is to the different pro- vinces of the same country, it is contended that it should be regulated in a different manner. It is alleged that the importation of foreign commodities prevents the em- ployment of so much native industry as would be required to fabricate these goods, or some substitutes for them, at home ; and that this injury is in no degree compen- sated by the comparative cheapness of the foreign commodities to the consumer. In this argument the attention is confined to the effect of the importation of the superior foreign article on those persons in the importing country who are already engaged, or would, but for such importation, engage themselves in the manufacture of the commodity in question, or its substitute. It is altogether overlooked that the importation is only an exchange of some product of home industry for some other of foreign industry ; that the equivalents of the foreign commodities must be first produced here, and then exported in exchange for them, or their introduction would be impossible ; for assuredly foreigners never send us their goods except in return for an equivalent, and we can of course export nothing which is not the produce of British industry. Every obstacle, therefore, to the importation of any foreign commodity is precisely to the same extent an obstacle to the exportation of an equivalent of British produce or manufacture. And the injury sustained by the consumers of the protected articles from their higher price or inferior quality, ia uncompensated by the advantage derived by any other class ; the effect of all protecting duties being to diminish the general productiveness of the national industry, by confining it to such employments as are less productive of value than those which without such interference would be undertaken. Hence, in all cases where high duties are imposed to afford protection, foreign commerce must in the nature of things be diminished to a greater extent than domestic industry ia encouraged. The principle of free trade, however, is opposed by many in this country who do not attempt to deny the axiom, that every importation causes a correspondent exportation, on the following grounds : — 1. " The producers of such a highly taxed country as Great Britain ought to be protected from the competition of comparatively untaxed foreigners." If the taxes are levied equitably, it is obvious that the producer of the commodity which would be exported in exchange for that which is imported, is as much burdened as the producer of the article which the latter would supersede. If, on the other hand, the taxes are not levied equitably, the remedy is to equalize them, not to make the imposition of one injustice the defence for another. 2. ■ A country loses by the importation of the goods of another, unless there is a reciprocity in the free admission of her goods, on the same terms, into the latter." If Prussia sends goods into England, while the admission of goods from England COM 193 COM into Prussia are prohibited, and the goods received by England are paid in specie, it is obvious, that in order to render it profitable for an English merchant to export specie in exchange for Prussian goods, he or some other merchant must find it profitable to import an equal quantity of it in exchange for goods of home production, from Mexico, Peru, or some other country into which British goods find their way. If this quantity of specie could not be bought somewhere with English goods, its exportation to Prussia would speedily raise its value in this country so high, that it would no longer be profitable to export it in exchange for Prussian commodities. The whole may be regarded as one transaction. The merchants of England, as a body, could not find it profitable to export specie for goods, unless it were equally profitable to purchase specie with goods. It is well known, however, that in fact very little gold or silver is employed for such purposes. [Balance of Trade. Exchange.] If England imports from Prussia more goods than it sends thither, Prussia is mostly paid by goods sent from other countries which receive from England more than they send, and their mutual balances are adjusted by the circulation of bills of exchange. Any obstacle, therefore, to the interchange of goods between one country and another, is as injurious to that imposing the restric- tion as to that on whose productions the restrictive duty is imposed; every tax upon importation acting to the same extent as a tax upon exportation. If Franco excludes our iron and yarns, she suffers from such policy quite as much as this country. In whichever of two countries the restriction is imposed, there is sure to be a reciprocity of injury ; and the benefit of every relaxation, from whichever it proceeds, is sure to be enjoyed by both. 3. " It is the policy of a nation to be independent of foreign supplies, in case it may be deprived of such supplies by war" This policy is false in principle and ruinous in practice. In the fear of war a sys- tem would be maintained, the tendency of which is to perpetuate war. More quarrels have been engendered by the commercial system of exclusion than by all the other follies and passions of subjects and rulers. The best way to preserve the nations of the earth in peace, is to let them prove how dependent each is upon the others for the profitable employment of its people, and for the comforts resulting from that profitable employment. The system of protection was introduced into European policy in 1667 by M.Colbert, minister to Louis XIV. of France, and it has been since steadily acted upon by almost all nations, on the mistaken notion which has been generally entertained, that the protection of trade was a necessary part of the duty of the executive government ; and there are few political errors which have occasioned greater mischief. The regulating mania which it inspired has tormented industry in a thousand ways to force it from its natural channels. Besides falsely teaching nations to regard the welfare of their neighbours as incompatible with their own, it has fostered a spirit of conspiracy of class against class, and interest against in- terest,— every one trying to gain legislative favour at the expense of the rest. The {)rices of most articles have been artificially enhanced by protective duties or legis- ative monopolies. By this system of each robbing each, all parties have been losers, and the sum of national wealth has been proportionally lessened. The policy of abandoning the restrictive system was long regarded with jealousy by the commercial classes ; but juster and more liberal opinions now prevail. In the year 1820, many of the principal mercantile houses in London joined in a peti- tion to Parliament, embodying the substance of all the principles of free trade which we have endeavoured to explain, and particularly tne following : — " That freedom from restraint is calculated to give the utmost extension to for- eign trade, and the best direction to the capital and industry of the country. " That the maxim of buying in the cheapest market, and selling in the dearest, which regulates every merchant in his individual dealings, is strictly applicable as the best rule for the trade of the whole nation. ** That of the numerous protective and prohibitory duties of our commercial code, it may be proved, that, while all operate as a heavy tax on the community at large, very few are of any ultimate benefit to the classes in whose favour they were ori- giually instituted, and none to the extent of the loss occasioned by them to the other classes. " A3 long as the necessity for the present amount of revenue subsists, your peti- tioners cannot expect so important a branch of it as the customs to be given up, nor to be materially diminished, unless some substitute less objectionable be sug- gested. But it is against every restrictive regulation of trade, not essential to the revenue; against all duties merely protective from foreign competition; and against R COM 194 COM the excess of such duties as are partly for the purpose of revenue, and partly for that of protection,— that the prayer of the present petition is respectfully submitted to Parliament." The attention which this petition was the means of drawing to the anti-commer- cial principles of our restrictive system, powerfully tended to bring about the suc- cessive relaxations which, since its presentation to Parliament, have been made in our commercial code. Within the last few years, several circumstances have com- bined to draw public attention still more strongly to this subject. At a meeting of the Chamber of Commerce of Manchester, to receive the report of Dr Bowring on the Prussian Commercial League, the following resolution was passed, disclaiming protecting duties of every kind : — " This meeting regards the present as the proper occasion for reiterating its adherence to the opinion so often declared by this chamber, that the prosperity, peace, and happiness of this and other nations can be alone promoted by the adoption of those just principles of trade which shall secure to all the right of a free interchange of their respective productions ; and this meeting on behalf of the great community whose interests it represents, feels especially called upon to declare its disapprobation of all those restrictive laws which, whether intended for the protection of the manufacturing or agricultural classes, must, in so far as they are operative, be injurious to the rest of the nation, unjust to the world at large, and in direct hostility to the beneficent designs of Providence." And in January 1839, deputations of merchants and manufacturers assembled in London, from Manchester, Liverpool, Leeds, Birmingham, Sheffield, Derby, Not- tingham, Wolverhampton, Glasgow, Paisley, and other great towns, passed a resolution to the same effect. To these testimonies in favour of the principle of free trade has now to be added that of the Select Committee of the House of Commons on Import Duties, already alluded to, who " report their strong convic- tion of the necessity of an immediate change in the import duties of the kingdom," and " recommend that, as speedily as possible, the whole system of differential duties and restrictions should be reconsidered, and a change effected in such a manner that existing interests may suffer as little as possible in the transition to a more equitable state of things." The deep and general sensation which has been pro- duced by their report throughout the country affords just grounds to hope that many of the improvements which it suggests in our commercial code will erelong be carried into effect by the legislature. S COMMISSION, or BROKERAGE, the allowance to a factor, agent, or broker, for transacting the business of others. It is generally charged at so much per cent., the amount being regulated either by stipulation or the usage of trade. A com- mission del credere is a higher rate charged in those cases where the factor, or other agent, guarantees his dealings, or in other words, engages to be answerable, as if he himself were the proper debtor. [Del Credere.] These allowances are calculated by the Rule of Three, or Simple Proportion ; the first term being always 100, the second the rate of commission, and the third the sum upon which the com- mission is granted, while the fourth is the allowance to be made. The following table will facilitate such calculations for the common rates :— Commission or Brokerage Table. Prin. *1 £ >er cent, i per cent. 1 per cent. 2 per cent. 21 per ct. 3 per cent. 4 per cent. |5 per cent. Prin. S. d. £ s. d. £ s. d. £ s. d. £ ■■ d. £ s. d. £ s. d. £ s. d. ,. 100 5 10 1 2 2 10 3 4 5 100 90 4 6 9 18 1 16 2 5 2 14 3 12 4 10 90 80 4 8 16 1 12 2 8 2 8 3 4 4 80 70 a 6 7 14 1 8 1 15 2 2 2 16 3 10 70 60 3 6 12 1 4 1 10 1 16 2 8 3 60 50 2 6 8 5 10 1 1 5 1 10 2 2 10 50 40 2 4 8 16 1 1 4 1 12 2 8 40 30 1 6 3 6 12 15 18 1 4 1 10 30 20 1 2 4 8 10 12 16 1 20 10 8 1 2 4 5 6 8 10 10 9 u K>! 1 91 3 74 4 6 5 43 7 21 9 9 8 43 o 91 1 74 3 21 4 4 M 6 43 8 8 7 44 o 81 1 41 2 91 3 8 4 2 2 5 74 7 7 6 31 o 7* 1 21 2 4| 3 3 n 4 w 6 6 5 8 6 1 2 2 8 3 8 4 8 5 5 4 2i 8 4| 91 o l 74 2 2 43 3 8] 4 4 3 13 31 74 1 21 1 8 1 H 2 43 3 3 2 14 21 41 91 1 1 n 1 74 2 2 1 01 1* 21 4| 6 7i 91 1 6 1 COMMISSION OF BANKRUPTCY. Before the passing of the Bankruptcy Court Act, 1 & 2 Wm. IV. c. 56, bankruptcies were prosecuted under commission COM 195 COM by the Lord Chancellor to certain commissioners. A different arrangement was adopted by that act, and the decree authorizing the prosecution of a bankruptcy is called a hat. [Commissioners.] The expression & commission of bankruptcy" came into use for expressing the whole process of bankruptcy, and is still some- times employed in that sense. Bankruptcy. S COMMISSIONERS in the Law of Bankruptcy. — In England the commissioners are officers who hold certain powers of administration and superintendence in mat- ters of bankruptcy. Previous to the act 1 & 2 Wm. IV. c. 56, a special commission was issued under the great seal in every particular case ; but the practice has been altered by that act. The commissioners in town bankruptcies are the six commissioners of the Court of Bankruptcy. [Bankruptcy, Court of.] Those in the country are permanent officers, chosen by the judges of the several circuits, from among the barristers, attorneys, and solicitors, in the respective counties of the circuits, subject to the approbation of the Chancellor. In town bankruptcies, a single commissioner acts. The commissioners of the Court of Bankruptcy take the oath of office on their appointment ; the country commissioners take a new oath on the opening of each fiat. In a town bankruptcy, the fiat authorizes tho petitioning creditor to prosecute in the Court of Bankruptcy ; in country bank- ruptcies, hefore commissioners named. It has to be observed, that in bank- ruptcies prosecuted in the Court of Bankruptcy, one commissioner has the same authority which was formerly conferred by a commission, and is now conferred on country commissioners by a fiat. Wherever the word " commissioners " is used in the following statements, it must be understood to refer to one commis- sioner in town bankruptcies, unless otherwise specified. The commissioners receive proof of the petitioning creditor's debt, who must attend before them in person, unless under very peculiar circumstances. They are empowered to summon before them " any person whom they shall believe capable of giving any information concerning the trading of, or any act or acts of bank- ruptcy" committed by, the person petitioned against, and they may command production of all documents tending to the same purpose. The remedies and means of enforcement are the same as those below stated, with regard to the other examinations (6 Geo. IV. c. 16, § 24). Being satisfied of the debt, trading, and act of bankruptcy, they adjudge the party bankrupt (§ 24), subject to review. After adjudication, the commissioners appoint the meetings for the bankrupt to surrender and conform (§25), and at these, and every dividend meeting, creditors may prove their debts before the commissioners. [Proof.] The commissioners are empowered, after adjudication, to summon before them persons suspected of having any part of the bankrupt estate in their possession, or ofbeing indebted to tho bankrupt, or any individuals who can give information as to his person, trade, or deal- ings, and they may require such individuals to produce books, papers, and vouchers. They can enforce attendance by warrants (§ 33). The examination may be on oath, and either written or verbal, and parties may be required to sign written answers. On refusal to answer lawful questions, to produce vouchers, or to sign answers to questions, the commissioners may commit the party without bail, until satisfactory answers are given, and the other directions of the act are complied with (§ 34). The commissioners are empowered to allow charges to witnesses, who must, as in service of a subpoena, have their expenses tendered (§ 35). They have similar authority to examine the bankrupt, and the same means of enforcing attendance, and " it shall be lawful for them to examine such bankrupt upon oath, either by word of mouth, or on interrogatories in writing, touching all matters relating either to his trade, dealings, or estate, or which may tend to disclose any secret grant, conveyance, or concealment of his lands, tenements, goods, money, or debts, and to reduce his answers into writing, which examination, so reduced into writing, the said bankrupt shall sign and subscribe." And the commissioners are empowered to imprison him to remain without bail " until he shall submit himself to the said commissioners to be sworn, and full answers make to their satisfaction to such questions as shall be put to him, and sign and subscribe such examination " (§ 36). The commissioners may examine the bankrupt's wife, with like means of enforce- ment, " for the finding out and discovery of the estate, goods, and chattels of such bankrupt, concealed, kept, or disposed of by such wife, in her own person, or by her own act, or by any other person " (§ 37). Quakers may make solemn affirma- tion on such examinations, and falsehood, either under oath or solemn affirmation, infers the punishment of perjury (§ 99). § 39 of the act regulates the course to be adopted by the courts of law when applied to by habeas corpus or otherwise to interfere with commitments under the act. § 40 provides for the protection of the COM 196 COM commissioners in cases of actions of damages. No single commissioner of the Court of Bankruptcy can commit an individual, except to a messenger of the court, to be brought before a subdivision court, or court of review, within three days (1 & 2 Wm. IV. c. 56, § 7). In the examinations a witness is not bound to answer a question which may criminate him, or expose him to penalties, but it will not serve as a ground of protection that the answer may expose him to a civil claim. " And a bankrupt may not only be compelled to disclose the disposition of his property, and the mode of it, although such instances may tend to prove an act of bankruptcy, but he may be examined as to whether a deed was voluntary ; and he cannot refuse to discover the particulars relating to his estate, although such information may tend to show that he has committed a criminal act ; but if the question put to him be, whether or not he has done an act clearly criminal, he may refuse to answer it " ( Henley's B. L. 91). Any commissioner of the Court of Bankruptcy may adjourn an examination, or a proof of debt, to a subdivision court, or a court of review ; and if a commissioner decide any point of law or equity, or as to the refusal or admission of evidence in the case of a disputed debt, the decision is subject to review (1 & 2 Wm. IV. c. 56, §§ 30, 31). Commissioners of the Court of Bankruptcy are judges of record, and have the corresponding privileges and protections (lb. § 1). The country commissioners are protected in the execution of their duty by 6 Geo. IV. c. 16, § 41-44. {Statutes, as quoted. Henley's B. L. 79-97-) In Ireland there was, by the original bankruptcy act, 6 Wm. IV. c. 14, one commissioner, but a second was added by 7 Wm. IV. and 1 Vict. c. 48. In each bankruptcy, a separate commission is issued under the great seal to one of the commissioners, but they only require each to take one oath of office ( § 4). The commissioner summons the bankrupt, subjects him to examination, inquires into the trading and bankruptcy by witnesses and documents, in the same manner as the commissioners in England, and he has similar remedies for enforcing attend- ance. The Lord Chancellor may, on affidavit or otherwise, issue an extraordinary commission, for proof of debts, examination of witnesses, and other matters, while the person so appointed possesses the same powers to compel attendance of wit- nesses, and examine them, and to enforce production of documents, as the official commissioner (§ 57). [Bankruptcy.] In Scotland there are commissioners appointed in each sequestration or bank- ruptcy, whose situation and duties, however, are very different from those above described. They form a committee of three creditors, who are the assessors or council of the trustee, and whose consent is necessary to certain transactions con- nected with sequestrations. They are chosen at the meeting for electing the trustee, and in the same manner, by creditors duly qualified. [Trustee.] They must be chosen from among the creditors or mandatories, and their election is declared by the Sheriff. Where a commissioner has become disqualified, or has otherwise ceased to act, the trustee must call a meeting to elect a new one. The commis- sioners must concur with the trustee in submissions and other transactions. They meet at stated intervals to examine into the proceedings of the trustee, audit his books, and declare dividends. They fix the trustee's remuneration, and have the privilege of assembling when they think fit, to ascertain the situation of the estate. Two are a quorum. They are not entitled to purchase property sold under the bankruptcy. [Sequestration. Trustee.] (2 & 3 Vict. c. 41. Burton's Manual of the Law of Scotland.) COMPANY, an association of persons for the prosecution of a common under- taking. In carrying on those costly enterprises in which the capital of a commer- cial country is employed, the resources and the mind of one person are often inadequate. They require the combined capital and industry of many, with the unity of purpose and of person which belongs to an individual. Hence the origin of companies, of which the following kinds may be distinguished : — Private Companies, or voluntary associations of two or more persons for the acquisition of profit, with a contribution for that end, of stipulated shares of pro- perty and industry; accompanied by an unlimited mandate to each partner to bind the company in the line of its employment, and a guarantee to third parties of all the engagements undertaken in the social name. Companies of this kind may be subdivided into Partnerships and Joint-Adventures, under which heads, respect- ively, these contracts are fully described. Joint-Stock Companies differ from the preceding in respect,— 1st, That the credit is placed on the joint-stock of the company, as indicated by a descriptive name, instead of being personal, as indicated by a firm ; 2d, That the management is delegated by the partners to a body of directors ; and, 3d, That the shares are transferable. COM 197 COM Public or Chartered Companies are of different kinds. A royal charter enables a joint-stock company to enjoy the privileges of a corporation, and trade under a limited responsibility ; the shares of such a company are transferable ; the company itself undissolved by the death or bankruptcy of partners ; and the management and title to pursue are vested in the officers appointed according to the charter. But to give the privilege of monopoly to a company, there must be an Act of Parliament, as in the cases of the East India Company and Bank of England. Regulated Companies are chartered commercial associations which do not trade upon a joint-stock, but are obliged to admit any person properly qualified, upon paying a certain fine, and agreeing to submit to the regulations of the company, each member trading upon his own stock, and at his own risk. After the revival of commerce in the loth, 16th, and 17th centuries, it was the practice in most modern states to assign such branches of trade as were reckoned peculiarly hazard- ous to the exclusive management of such companies, who were authorized to levy duties, and to provide for their common defence ana security, as few governments had then ships and troops to spare for the defence of their subjects in remote regions. But the necessity for these associations, if it ever existed, ceased long ago ; and of the regulated companies which were formerly established in Britain, as the Hamburg Company, the Russia Company, the Turkey Company, the African Company, and others {Wealth of Nations, b. 5, c. 1), a few only exist in name ; all British subjects being now at liberty to trade with friendly countries, on their conforming to the regulations laid down by such countries, and to our customs laws. Patent Companies are associations instituted under the act 7 Wm. IV. & 1 Vict, c. 73, which provides for the limitation and regulation of the partners by letters patent ; in this way avoiding those cumbrous peculiarities of a corporation which are inconvenient to a mere trading company, and rendering the expense of an Act of Parliament unnecessary. Societes en Commandite, though not sanctioned by the British laws, are common in France and elsewhere. They consist of a number of individuals, of whom one or more undertake the management, and are held indefinitely responsible for all engagements, as in the case of ordinary partnerships ; and the others are mere shareholders, responsible only to the amount of their contributions, either paid up or contracted to be paid into the joint-stock of the association. The first, called in France commandites, may be designated managing partners; and the second, called commanditaires, non-responsible partners, or simply shareholders. Thus the com- mandite association is intermediate in its character between an ordinary partner- ship and a privileged trading company. The managing partners are liable in their whole fortunes ; the others only in a limited sum. The Constitution of Companies, in regard to the mutual rights of the partners, and their liabili- ties to the public, will be treated in detail under the heads Partnership and Joint-Stock Com- pany. But an opportunity will be here taken to describe those proceedings which are usual or necessary in the institution of a company to undertake the formation of a railway, canal, or other work requiring a private Act of Parliament. In the prosecution of such undertakings, the first step usually taken is for the projectors to draw up the plan of the association, with a statement of the advantages to be derived from it, and the proposed method of carrying it into effect. This is submitted to a meeting of those interested. If the plan be approved, a subscription is opened to defray immediate expenses, and means are taken to give publicity to the plan so adopted, in order to procure shareholders. An estimate has generally been formed of the amount which is considered sufficient for the completion of the object ; and the .-hares are agreed to be paid in such proportions and at such times as shall be afterwards fixed by the bill. In the view of introducing a private bill into Parliament, surveys are then made, and plans prepared, together with a list containing the names of every person whose interests are immediately affected, or whose estate, or any part thereof, is required for the purposes of the undertaking. Duplicates of this list, having three blank columns, headed assenting, dissenting, and neutral, are forwarded to every such person, to be signed by him in whichever column he pleases, and numerous other regulations are established by the * ' Standing Orders " of the two Houses of Parliament, for the purpose of securing to private bills, in their progress, the observation of all whose interests they may affect; for an account of which we must refer to these orders themselves. The preliminaries prescribed by the standing orders of the House of Commons having been fulfilled within a certain defined "time before the assembling of Parliament, and subscribers ob- tained to the amount of at least three-fourths of the estimated expense, one-tenth of which sub- scribed amount is also required by the same orders to be paid up and deposited in the Bank of England, in a chartered bank in Scotland, or invested in government securities,— the draft of the bill is prepared, and a petition is addressed to the House, praying that it may be re- ceived. This petition must be presented on or before a certain day in each session, which is always fixed at the commencement of the session, and is usually within a fortnight or three weeks thereafter. H presented in time, with the necessary documents and plans, it is referred to a select committee, taken bv ballot from certain lists into which the whole House is divided, for particular divisions of the'country. This committee having ascertained that the standing orders have all been complied with, report the same to the House, and the bill, having been printed, and copies distributed among the members, is received and read a first time. After the COM 198 COM lapse of a certain number of days, it is moved that the bill be read a second time, when, if any objection is made, it is then stated, and the bill is either rejected or referred to a select committee, who consider it clause by clause, and are empowered to examine witnesses, and to hear counsel both in support and opposition. The committee, in almost every case, introduce a maximum of the toll, or duty, or rent (according to the nature of the measure), to be levied, and in many cases declare a maximum of interest to be divided on the capital, and order the surplus to be invested in the public funds till the amount is sufficient to repay the advances by the shareholders,— the improvement to be then thrown open for the free enjoyment of the public. In many cases also provision is made to secure the completion of the work when once begun. The committee having completed their labours, announce their decision in a report ; after which the House proceeds to the third reading of the bill, when it may be again discussed, though the report of the committee is in most cases agreed to without any farther opposition. If the bill is passed, it is carried to the House of Lords, where it goes through nearly the same forms ; and if it be finally approved of by the Upper House, and receive the royal sanction, it becomes an Act of Parliament. It should also be stated, that early in the sessio'n the House fixes periods within which the different stages of private bills are required to be forwarded. The expenses of carrying the generality of such bills through Parliament are very considerable. A much higher amount of fees is paid in the case of a private bill than in that of a public bill, to the clerks and other officers of the two Houses ; besides which, the expenses of agency, of bringing up witnesses, and the other charges attending the making application to Parliament for a private bill, at present often amount to many times as much as the fees. The following shows the expenses of constituting several of the English railway companies : — London and Birmingham railway (1 12J miles) ; payments for act of incorporation, £72,868. North Midland railway (72 miles), £40,588. Great Western railway (114 miles), £38,710. Southampton railway (75 miles), expended in raising capital, procuring act, &c, £39,040. Liverpool and Manchester railway ; parliamentary and law expenditure, £28,465. COMPASS (the Mariner's), an instrument employed in directing the course of vessels at sea. It consists of a circular card, having a magnetized needle attached to the back of it, so as to form one of its diameters ; this diameter being supported on a point, and exactly balanced on its centre, turns freely round with the card, which by a particular contrivance is so suspended within a cylindrical box that it remains perfectly horizontal, notwithstanding the irregular motions to which a ship is liable at sea : it is the property of the needle, when thus balanced, to point nearly to the North Pole ; whence, by simply looking at the position of the needle, the mariner can see the direction in which the vessel is sailing, and regulate his steering accordingly. The course indicated by the needle, however, is only the magnetic bearing, which is seldom the true direction ; for the magnet rarely points exactly north, being subject to two errors from different causes, called the variation and the deviation. The former is the result of a slow progressive alteration in the position of the magnetic pole, which, within certain limits, moves from east to west, and back again from west to east. When it was first noticed, about the middle of the 16th century, the needle in London pointed some degrees to the east of the true north ; this variation gradually became less, till in 1660 it coincided with the North Pole of the earth; it then gradually varied to the west, till in 1828 the variation amounted to about 25° ; since which it has decreased, being at present about 24°. It also changes 10 or 15 minutes at different times of the day. The variation of the compass, however, is very different in different parts of the globe, and must therefore be determined at sea by comparing the true bearing of a celestial object with its bearing by compass, which is done by a finer instrument called an azimuth compass. The cause of the variation of the compass has hitherto eluded the re- searches of philosophers. Captain Parry discovered that when he had passed to the north of a certain spot westward of Hudson's Strait, the needle, which had been previously varying to an extreme degree, absolutely went half round the com- pass, and this continued to be the case until he had sailed considerably farther north. Whether this peculiar attraction had any reference to the real magnetic pole, further observations will perhaps determine. — The deviation of the compass is a local error, occasioned by the attraction of iron on board ship : it was first ob- served by Mr Wales, the astronomer of Captain Cook, and has been the cause of numerous shipwrecks : an ingenious method of discovering its amount, however, has been lately invented by Professor Barlow. The dip of the needle is a devia- tion from its horizontal line ; it is different in different places, and, like the varia- tion, undergoes slow changes : its diurnal change is not perceptible. The inventor of the mariner's compass is not known. It was employed in Europe in navigation, about the middle of the 13th century, but the exact date of its intro- duction is matter of doubt. The Chinese, however, are said to have been acquainted with it much earlier. The attractive power of the loadstone was known to the ancient Egyptians, but was not by them applied to any practical purpose. [Com- merce.] COM 199 COM COMPOSITION-CONTRACT, an agreement between a bankrupt trader and his creditors, by which, on its being ratified according to the terms of the statutes, the debtor is relieved from the farther operation of the bankrupt laws. In England, by the bankrupt statute 6 Geo. IV. c. 16, this practice was intro- duced from the sequestration law of Scotland. By § 133, any meeting after the bankrupt has passed his last examination (of which and its purport 21 days' no- tice shall have been given in the Gazette), if he or his friends make an offer of composition, or security for composition, agreed to by nine-tenths in number and value of the creditors present, another meeting is to be appointed, and if at that meeting nine-tenths in number and value agree, the bankruptcy is to be super- seded. By § 134, a creditor whose debt is less than £20, is not reckoned in number, but his debt must be computed in value. Any creditor to the amount of £50 residing out of England, must have notice of the meeting so long before as to have time to vote, and such creditor may vote by letter of attorney, as in the case of assignees. A creditor agreeing to accept any gratuity or higner composition for assenting, forfeits the debt and the gratuity ; and the bankrupt may be compelled to make oath that no such transaction has taken place, and that he has used no undue means to obtain the assent of his creditors. The composition-contract having been in use in Scotland since 1793, the practice in that part of the island will in a great measure regulate that of England, except where a distinction is created by statute. In Scotland, by the late sequestration act, 2 & 3 Vict. c. 41, an offer of composi- tion may be made at the meeting appointed for electing a trustee. [Trustee.} If a majority in number and nine-tenths in value, at the meeting, agree to entertain the offer, the trustee must advertise in the Edinburgh Gazette that an offer has been made and entertained, and that it will be decided upon at" a meeting to be held after the bankrupt's examination, stating the day, hour, and place of the meeting. He' must also send a circular by post to each creditor claiming, or men- tioned in the bankrupt's state, containing a notice of the resolution and meeting, with a specification of the offer and security, and an abstract of the state of the affairs and valuation of the estate, " so far as the same can be done, to enable the creditors to judge of the said offer and security " (§ 113). If at the meeting, a majority in number and nine-tenths in value accept, a bond of caution [Cautionary Obligation] by the bankrupt and his cautioner may be lodged with the trustee. The trustee has then to send a report of the resolution of the meeting and the bond of cautionary to the Bill- Chamber Clerk of the Court of Session, or the Sheriff- Clerk of the" district. The latter alternative is made, that the trustee may have the decision of the Lord Ordinary, or of the Sheriff, according to his choice. If the judge find that the requisites are complied with, he must judicially approve of the composition, after hearing all objections by opposing creditors, " and if he shall refuse to sustain the offer, or reject the vote of any creditor, he shall specify the grounds of refusal or rejection (§ 114). The second occasion for an offer is at the meeting after the examination, or at any subsequent meeting called for the purpose by the trustee, with consent of the commissioners [Commissioners], when if a majority in number and four-fifths in value resolve to entertain the offer, the trustee must send notice to the creditors, as above, for a meeting within 21 days. At the meeting, a majority in number and four -fifths in value may accept the offer. The proceedings must be judicially certified as above (§ 115). If an offer having been made has been rejected, or has otherwise become ineffectual, no second offer can be entertained, unless nine-tenths in number and value assent in writing, and the offer, stating the amount of composition and the terms of payment, be sub- scribed by the cautioner. Such an offer not only requires to be accepted by a majority in number and nine-tenths in value of the creditors called to a meeting by the trustee, but to be assented to by nine-tenths in value of all the creditors who have produced affidavits (§ 121). Before a composition is approved of, the com- missioners have to audit the trustee's accounts, and ascertain the balance, subject to review by the Lord Ordinary or Sheriff (§ 117). The bankrupt and his cautioner in the composition are precluded from objecting to any debt given up by the bank- rupt in his " state," or admitted in his offer of composition, and likewise to any security held by a creditor, unless an objection have been made in the offer of com- position, written notice having been given to the creditor (§ 119). A creditor who has not produced his claim before the date of the judicial approval of the com- Sjsition, has no claim against the cautioner after two years from its date (§ 120). n a composition being approved of, and the bankrupt taking the declaration or oath prescribed by the statute, he is discharged. (§ 116,) CON 200 CON In Ireland, by 6 & 7 Wm. IV. c. 14, §§ 151 & 152, the composition-contract was established in the same terms as by §§ 133 & 134 of 6 Geo. IV. c. 16 in England, the notice of meeting being given in the Dublin Gazette. CONESSI, the bark of the oval-leaved rosebay( Wrightia antidyseritericum). It is obtained chiefly at Tellicherry, on the Malabar coast, whence it is sometimes called Tellicherry bark. It has lately been introduced into the British materia medica. (Ainslie's Mat. Indica.) CONEY, or RABBIT (Fr. Lapin. Ger. Koniglein. It. Coniglio. Sp.Conejo), a well-known rodential little animal (Lepus Cuniculus, Linn.) remarkable for its fecundity,— beginning to breed at the age of six months, and producing several litters \i a year, generally from five to seven or eight at a time. Its fur is in considerable demand, particularly for the hat trade ; at one time the silver-haired varieties, or silver sprigs, were much valued for ornamental linings to cloaks, and other pieces of dress. Coney furs are a common article of import. CONSIGNMENT is an expression employed to designate any transaction by which an individual in one place transmits or consigns goods to an individual in another place, to be at his disposal under conditions expressed or implied. The person who transmits the goods is called the consigner, — he who receives them the consignee. Consigner and consignee are used by merchants to express gen- erally the shipper of merchandise, and the person to whom they are addressed, by bill of lading or otherwise. The most ordinary description of consignment is that to a factor, who has to traffic with the goods for the use of his principal, and who may deal with third parties not warned of limitations to his power, as if he were the principal. [Factor, and substance of the Factor's Act under that head,] Cargoes are sometimes consigned from debtors to creditors in satisfaction of debt, and sometimes as a fund of credit for advances, the consigner being entitled to draw on the consignee to a certain amount, or the latter advancing cash to the former. On failure of the consigner, the consignee has a lien on the goods in his hand for his advances. (Paley on Principal and Agent.) [Factor. Lien.] CONSOLIDATED FUND. [Budget. Revenue and Expenditure.] CONSOLS, a familiar term used to denote the portion of the national debt of the United Kingdom forming the 3 per cent, consolidated annuities. CONSUL, an officer appointed by a government to reside in some foreign country for the purpose of facilitating and protecting the commerce of the subjects of such government. Consuls are not in general reckoned among diplomatic min- isters ; but in some particular cases (such as that of the consuls-general sent to some of the semi-barbarous states of Africa), having diplomatic duties to perform, they are accredited and treated as ministers. According to the general instruc- tions of the British government, a consul must study " to become conversant with the laws and general principles which relate to the trade of Great Britain with foreign parts ; to make himself acquainted with the language, and with the muni- cipal laws of the country wherein he resides, and especially with such laws as have any connexion with the trade between the two countries." His principal duties are " to protect and promote the lawful trade and trading interests of Great Britain by every fair and proper means ;" " to caution all British subjects against carrying on an illicit commerce to the detriment of the revenue, and in violation of the laws and regulations of England, or of the country in which he resides ;" " to give his best advice and assistance, whenever called upon, to his Majesty's trading subjects, quieting their differences, promoting peace, harmony, and good-will amongst them, and conciliating as much as possible the subjects of the two countries upon all points of difference which may fall under his cognizance;" and to uphold the right- ful interests and privileges of British subjects both in person and property, placing, however, cases where redress cannot be obtained from the local authorities in the hands of the British minister. The consul is also required to send annually to the Secretary of State for Foreign Affairs a return of the trade at the ports within his consulate ; and to transmit quarterly a weekly account of the prices of agricultural produce, with the course of exchange, and any remarks connected with these sub- jects which he may consider necessary. He is further required to acquaint his own tovernment with the appearance of any contagious disease at the place of his resi- ence ; to afford relief to any distressed British subjects thrown upon the coast, or reaching by chance any place within his district ; and to furnish intelligence, ob- tain supplies, and generally assist any king's ships coming within his consulate. The consuls appointed by our government are generally British subjects ; but this is not an invariable rule. Previous to the year 1814, the greater part of the English consuls abroad, who held commissions under the crown, were merchants at CON 201 CON the respective places of their consular residence. Many of those consuls had no salary from government ; their emoluments consisted of fees, which they levied upon the tonnage of British ships, and upon the value of their cargoes. This mode of remunerating these officers having created dissatisfaction among the commercial classes, a new system was introduced in the year 1826, and an act of Parliament was passed to abolish all consular fees on tonnage and cargoes, and to enable the crown to give remunerating salaries to consuls. According to the system founded upon the act of 1826, it was determined " that British consuls should not be in any way concerned, directlv or indirectly, in commercial pursuits." This system was acted upon witn some few exceptions until the year 1832, when a very considerable reduction was made in the salaries assigned to them, and " permission was given to engage in commercial pursuits," as a set-off against the reduction of sal- ary. Thus, the principle established in 1826 was reversed, and restriction " to engage in mercantile pursuits " made the exception instead of the rule. Table of Fees payable to Consuls-general and Consuls by the act 6 Geo. IV. c. 87. Table (A.) Registrations 1 dollar Visa of passport j Valuation of goods 1 per ct. Attending sales i per cent, where there lias been a charge for valuing, otherwise 1 per cent. Attendance, out of consular office, at a ship- wreck, five dollars per diem for his personal expenses, over and above his travelling ex- penses. Do, on opening a will 5 dollars Management of property of British sub- jects dying intestate 2J per ct. The dollars mentioned in the preceding tables are in all cases to be paid by the delivery of dol- lars, each of which is to be of the value of 4s. 6d. sterling, and no more, according to the rate of exchange prevailing at the place where such pay- ment is made. Certificate of due landing of goods exported from the United Kingdom 2 dollars Signature of ship's manifest 2 Certificate of origin, when required 2 Bill of health, when required 2 Signature of muster-roll, when.required.2 . . Attestation of a signature, when re- quired 1 Administering an oath, when required.. J . . Seal of office, and signature of any other document not specified herein, when required 1 Table (B.) Bottomry or arbitration bond 2 Noting a protest 1 Order of survey 2 Extending a protest or survey 1 CONTINENTAL SYSTEM. [Commerce.] CONTO, a Portuguese word, denoting a million. A conto of reis is 1000 milreis; commonly expressed 1000 $000. CONTRABAND, from the Italian Contrabando, contrary to proclamation, is applied in one sense to the goods which are prohibited to be exported or imported, on the ground of theories regarding national policy, or protection to home pro- duce. These are embodied in the customs duties act, 3 & 4 Wm. IV. c. 52, an abridgment of which will be found under the title Customs. Contraband of war is applied by belligerent powers to the furnishing of arms, provisions, or other assist- ance to powers with which they are at war, by neutral states, or their own subjects. Like most other questions in the law of nations, it is exceedingly difficult to decide what goods may or may not give assistance in the furtherance of hostilities, and consequently what are or are not contraband. " Not only arms, powder, ball, and other ammunition, but also horses and furniture, pitch, tar, sails, hemp, and cord- age, masts, yards, and all other necessaries for the building or equipment of ships, are generally considered as contraband" (Marshall on Insurance^ 73). The penalties where neutrals convey contraband, are somewhat arbitrary, depending often on the power of the nation that enforces them. Formerly the vessel and cargo were forfeited, but in later times the penalty has generally been mitigated. It is treasonable in a subject of Britain to supply contraband to a nation with which this country is at war, and all contracts, including insurances, made here, in relation to the conveyance of contraband, whether by British subjects or neutrals, are void. (76. 72-79.) CONTRACT, or AGREEMENT, may be denned the legally expressed con- sent of two or more persons to give and receive some specified benefit. In England, a person non compos cannot enter into an agreement. By the origi- nal principles of the law, infants, or minors, that is, persons under twenty-one years of age, cannot contract. In practice, however, in general, their contracts for their benefit are supported, while they are entitled to recede from those to their prejudice. A minor may bind himself for necessaries, such as food, clothing, medi- cine, and education ; and in judging of what are necessaries, the comparative age and position of the party will be considered. Thus, where a minor was a captain in the army, he was held liable to pay for his servant's livery,— his situation being CON 202 CON held as requiring such an attendant (Hands v. Slaney, 8 T. R. 578). If one lends money to a minor, it would seem that the borrower will not be bound though he lay it out on necessaries, as the necessity is judged of from the nature of the con- tract, not from what the minor may do m consequence of it. By 9 Geo. IV. c. 14, § 5. a confirmation by one of full age, of a contract incurred in minority, cannot be validly made except in writing. A wife during intermarriage is incapable, without her husband's consent, of entering on an agreement, in the general case ; but with respect to her separate property, she is entitled to act as if she were a single woman. (2 Vesey, senior, 190.) All agreements to do an act on one side, should have a consideration on the other; but a deed duly executed, in the most solemn manner, under seal, is binding without a consideration ; and negotiable instruments, such as bills and notes, bind without consideration, where the interest of third parties is involved. [Bill.] In the general case courts of law will not interfere either to enforce voluntary agreements, not having any of these qualifications, unless creditors or other third parties have an interest, or to annul them, unless in cases of fraud. The party injured by breach of agreement, may have recourse at common law, or in equity, according to the circumstances. Where specific performance is demanded, the latter is the proper tribunal : Where damages for non-performance will compensate the claimant, a court of law and a jury should be resorted to. " Therefore, in general, they (Courts of Equity) will not allow a bill for a specific performance of contracts of stock, corn, hops, or other articles of merchandise, but will leave the plaintiff to his remedy at law." (Bacon's Ab. ; Agreements, B. 1, note.) By the statute of Frauds, 29 Ch. II. c. 3, among many provisions which refer chiefly to agreements as to real property, it is by § 4 enacted, " That no action shall be brought whereby to charge any executor or administrator, upon any special promise, to answer damages out of his own estate, or whereby to charge the defendant, upon any special promise, to answer for the debt, default, or mis- carriages of another person ; or to charge any person upon any agreement made upon consideration of marriage, or upon any contract or sale of lands, tenements, or hereditaments, or any interest in or concerning them ; or upon any agreement that is not to be performed within the space of one year from the making thereof ; unless the agreement upon which such action shall be brought, or some memoran- dum or note thereof, shall be in writing, signed by the party to be charged there- with, or some other person thereunto by him lawfully authorized." By a still more important enactment (§ 17), " no contract for the sale of any goodsj wares, and merchandise for the price of ten pounds sterling or upwards, shall be allowed to be good, except the buyer shall accept of part of the goods so sold, and actually receive the same, or give something in earnest to bind the bargain, or in part of payment ; or that some note or memorandum in writing of the said bargain be made and signed by the parties to be charged, or their agents thereunto lawfully authorized." By 9 Geo. IV. c. 14, § 7, this provision is declared to apply, though the goods may not be made, or fit for delivery at the time of the agreement. With regard to the delivery, where goods are ponderous, it may be symbolical, as by de- livery of the key of the warehouse. Acceptance of samples is only held accept- ance of a part, when it really is part of the bulk. The consideration need not be expressed in the memorandum. This document may consist of two separate writings. Where the seller only signed, and the name of the buyer did not appear, it was held insufficient (Champion v. Plummer, I. Bos. 4* Pul. 252). Where one expresses his consent by writing his name, it is of no consequence whether it be by subscription, or in the body of the memorandum. An agreement in part per- formed, is not affected by the statute. Such acts must be done distinctly with the view of fulfilling the agreement. (Bacon's Ab. ; voce Agreements.) In Ireland, the equivalent to the English statute of frauds is 7 Wm. III. c. 12, which is amended as above by 9 Geo. IV. c.14. CONVOY, in the law of shipping, is applied to a naval force appointed by the government, for the protection of vessels plying between certain ports in time of war. An obligation to sail with convoy has occasionally been created and en- forced by act of Parliament (see 38 Geo. III. c. 76, & 43 Geo. III. c. 57), while at other times it has been left to the private arrangement of the parties interested, in their capacity of underwriters, &c. It was decided in 1783, that an obligation to sail with convoy is not fulfilled by incidentally accompanying and being under the protection of a ship of war, and that only vessels commissioned for that express purpose by the government constitute convoy (Park on Insurance, 449). The admiral commanding-in-chief on a foreign station, is, however, the representative COP 203 COP of the government to the effect of appointing such protection. It frequently happens that the convoy does not sail from the same port as the vessel ; when this £3 the case, the obligation on the master is to proceed, in the usual manner, to the place of rendezvous. Convoys cannot generally be appointed for every individual voyage during its whole continuance, and in such cases vessels may have to conclude their voyages unprotected. Each voyage is, however, attached to some particular con- voy, which must be kept company with so far as it goes. The master of a vessel bound to join convoy must immediately apply for sailing instructions, that he may be able to obey the signals, and may know the place of rendezvous in case of separa- tion. Unless it be owing to impediments over which the master has no control, he is not considered as having put himself under the protection of convoy, until he has obtained sailing instructions. The principal questions as to sailing with con- voy arise out of cases where it is a warranty specified or implied in insurances, and in this view it will be discussed under the head Warranty. COPAIBA, or COPAIVA, commonly called a balsam, but properly an oleo-resin or turpentine, is a drug obtained from the Copaifera officinalis, a native of South America, and from other species of the same tree. Two kinds are sometimes distin- guished, and named from the countries in which they are produced, the Brazilian (chiefly from the province of Para), and the West Indian. The former is thin, clear, of a pale colour, pleasant aromatic smell, and of an acrid bitter taste: while the latter is thick, golden yellow, not transparent, and of less agreeable smell, even resembling turpentine. Sp. gr. *980. It is often adulterated with castor-oil and the finer sorts of turpentines. When good, it should be completely soluble in alcohol of the strength of 90 per cent. ; but the simplest test of its purity is to heat a small quantity in a watch-glass, when, if good, a hard brittle resin remains. This drug is celebrated for its action as a stimulant to the mucous surfaces. About 320 cwts. are annually entered for home consumption. COPAL, a peculiar kind of resin obtained from a large tree {Rhus copallinum), found in various tropical countries. It usually appears m the form of round, hard, shining, transparent masses, brittle, tasteless, ana nearly inodorous ; and is gene- rally of a lemon hue, though the best is nearly colourless. It is fusible and inflam- mable, insoluble in water, and differs from most other resins in being very sparingly soluble in alcohol. It is, however, dissolved by ether and some essential oils, though with difficulty. The resin is chiefly employed with oil of turpentine in making copal varnish, a substance which, when carefully prepared, is durable, sus- ceptible of a brilliant polish, and so hard as to resist scratches. It is applied to tea-boards, snuff-boxes and other utensils, and also to the preservation and restor- ation of paintings. Copal is principally imported from Africa, though small quantities are occasionally brought from Mexico and the East Indies. COPPER (Fr. Cuivre. Ger. Kupfer. It. Rome. Por. Cobre. Rus. Mjed. Sp. Cobre. Sw. Koppar), a metal of a beautiful red colour, and considerable lustre. It is very malleable and ductile, and has a peculiar smell when warmed or rubbed. It is so tenacious that a wire 1-lOth of an inch in diameter will support nearly 300 lbs. Sp. gr. 8*8. Fusing point 1996° Fahr. The uses of this metal are infe- rior only to those of iron. It is used for coin, for covering the bottoms of ships, for boilers, and a great variety of utensils ; also in the manufacture of colours, and in medicine. Its alloys are noticed under the heads of Bell-metal, Brass, Bronze, German Silver, Speculum Metal, and Pinchbeck. Copper is found in the metallic state in nature, but not in great quantities. An amorphous mass is said to have been discovered in Brazil, weighing 2666 Portuguese pounds. The great source of its supply is an ore in which the metal is found combined with sulphur. In both states it is obtained in almost every mineral district in the world, in heds, or more commonly in veins in primitive and second- ary mountains, accompanied by several other mineral substances. Mines of cop- per are largely worked in England, Chili, Cuba, Germany, Sweden, and Siberia ; those of France, Spain, Hungary, Norway, and Ireland, are of much less conse- quence. The English mines were scarcely worked prior to last century ; they are chiefly situated in Cornwall, where the most common ore consists of copper, iron, and sulphur, in nearly equal proportions, and is called yellow copper ore, or copper pyrites ; veins are also worked in the counties of Devon, Anglesey (particularly in Pary's mountain near Amlwch), and Stafford. Owing to the want of fuel in Cornwall and Devon, the ores are shipped from these countries to South Wales to be smelted, principally to works situated on the navigable rivers of Swansea and Neath; the smaller quantity of material being thus carried to the greater, while the vessels load back with coal COP 204 COR for the use of the various steam-engines. The quantity of metallic copper yielded by the ore is commonly about 8 or 9 per cent. The produce of metal from the workings in Cornwall in 1775 was 3596 tons ; in 1800, 5187 tons ; in 1820, 7364 tons ; and in 1838, 11,527 tons. The productive power of the mines has thus been increased more than threefold in the last 60 years. No statement can be given of the total quantity of copper raised in the United Kingdom before 1820 ; in that year it was 8127 tons ; in 1830, 13,232 tons ; and in 1840, about 16,500 tons. The annual Value of this metal raised in the kingdom, estimated at from £90 to £100 per ton, may be taken at present at about £1,500,000. The copper yielded by the British mines is more than sufficient for the consump- tion of the kingdom, and a considerable (but decreasing) quantity is exported ; in 1820, it amounted to 121,958 cwts. ; in 1830, to 183,154 cwts. ; and m 1839, to 153,743 cwts. This last consisted of 16,555 cwts. unwrought in bricks and pigs ; 128,977 cwts. sheets, nails, &c. ; 762 cwts. coin ; 39 cwts. wire ; and 7410 cwts. wrought copper of other sorts. These are chiefly shipped at Liverpool and Lon- don for the East Indies, China, and the United States ; considerable quantities are likewise sent to Germany, Holland, Canada, West Indies, and Brazil. Of late years great quantities of copper ore have been brought to England, chiefly to Swansea, for the purpose of being smelted, and re-exported in the metallic state. In 1839, the amount of ore thus imported was 603,902 cwts., of which 346,048 cwts. were brought from Cuba, and 182,664 cwts. from Chili. Of the copper smelted from foreign ore, there were exported in the same year 112,830 cwts. ; of which there were taken by France 84,567 cwts. ; and the rest was sent in smaller quantities to the Netherlands and the United States. British copper is exempted from the tax laid on Tin, and the oppressive regulations growing out of it. Copper sheathing and utensils, and old copper and pewter apparatus of British manufac- ture, returned from the British plantations ; also copper stripped from vessels in ports in the United Kingdom may be admitted to entry duty free under the following regulations: — 1. Old copper- sheathing off British vessels in ports in British possessions, upon proof that it was taken off in such ports, and also that it is the property of the owner of the ship from which it was so strip- ped, to be delivered to such owner. — 2. Old copper-sheathing off any ship in any port of the United Kingdom, upon the fact being certified by the landing-waiter superintending the process ; the old copper to be delivered only to the coppersmith, who may re-copper the vessel from which it was stripped, he making proof to that fact. — 3. Old worn-out British copper and pewter uten- sils to be in all cases delivered when brought from B. P. in British ships, upon the consignee sub- mitting proof that they had been used on a particular estate, and are consigned to him on account of the owner of that estate, and that he (the consignee) believes them to be of British manufac- ture. (Min. Com. Customs, Feb. 15, 1833.) For regulations as to taking copper ore out of bond to be smelted, see Warehouses, Public Bonded. S Copper Manufactures. The custom-house accounts of exports include copper and brass manufactures together ; the total quantity and declared value of these shipped in each of the years from 1828 to 1838 were as follows : — Cwts. Declared Value. Cwts. Declared Value. 1834 205,960 £961,823 1835 242,095 1,094,749 1836 204,835 1,072,344 1837 250,105 1,166,277 1838 265,204 1,221,732 The chief shipments in 1838 were made to the following countries, namely : — France, 85,926 cwts., £371,363 ; East Indies, 65,780 cwts., £303,132 ; United States, 29,916 cwts., £140,722 ; Holland, 19,503 cwts., £86,369 ; Belgium, 10,496 cwts., £48,283 ; Germany, 7248 cwts., £36,617 ; Italy, 7609 cwts., £34,291; British West Indies, 6518 cwts., £36,628; Foreign West Indies, 4845 cwts., £23,552; British America, 5801 cwts., £29,672 ; Brazil, 5111 cwts., £25,595. COPPERAS. [Vitriol.] COPYRIGHT. [Literary Property.] CORAL (Fr. Corail. Ger. Korallen. It. Corale. Por. & Sp. Coral. Rus. Korallu), a submarine production, composed of the cells of minute creatures of the polypus kind {Polypiara cortificera, Lamarck), some species of which, after being polished and worked, are prized as ornaments of female dress. It is a hard, com- pact, stony body, furrowed, and in the form of plants, with warty excrescences ; and is valued according to its size, solidity, and the depth and brilliancy of its colour. This is most commonly yellowish white; but it also occurs red and black, — the last being in general the most highly esteemed ; there are, however, many varieties of each kind. It is found at different depths ; andLit is remarked that light exerts a powerful influence on its growth as well as its colour, — the tint being darker in proportion to the deepness of the sea. Coral abounds in various parts of 1829 161,241 £812,366 1830 189,592 867,344 1831 181,951 803,124 1832 213,482 916,563 1833 192,974 884,149 COR 205 COR the Mediterranean ; the most profitable fisheries of it are those of Majorca, Minor- ca, Provence, and Sicily : the Sicilian one is chiefly followed by the Trapanese, who go for the purpose to Bona in Africa. In the eastern seas, it is chiefly found in the Arabian Gulf, the west coast of Sumatra, and in Japan. Some kinds of coralline bodies increase to an extraordinary size, forming immense banks or masses of submarine rocks, which are frequently dangerous to navigators. CORD, a measure for firewood, so called because it was anciently measured by a cord. Its dimensions are stated to be eight feet in length, four feet in height, and four feet in breadth ; and its weight 10 cwts. It is equal to 1000 billets. CORDAGE. [Cable. Rope.] CORDUROY, a fabric of cloth originally composed of silk, but now very extensively made in England of cotton. The common kind is of a plain body, a better is twilled in the back, and the best is twilled on both sides ; but there is of each kind a variety of qualities. The usual colours are olive, drab, slate, fawn, and white. The material is no doubt important, but ductility, pile of a moderate height, and a clear colour, are also characteristics of good corduroy. It is in pieces varying in length from 40 to 70 yards. CORIANDER-SEED is the fruit of an annual umbelliferous plant (Coriandrum sativum), found wild about Ipswich and in some parts of Essex. When fresh, their smell is strong and disagreeable, but by drying becomes sufficiently grateful. They are used in sweetmeats, in brewing, distilling, and in certain stomachic liqueurs ; and in some countries in cookery. CORK (Fr. Liege. Ger. Kork. It. Sughero, Suvero. Por. Cortica de Sovreiro. Sp. Corcho), the outer bark of a species of evergreen oak (Quercus suber), abundant in Portugal, Spain, especially Catalonia and Valencia, Italy, the south of France, Corsica, and other countries. This substance is in reality dead bark, and its removal is effected without injury. The tree is first barked in the fifteenth year of its growth, and this operation is repeated every eight or ten years afterwards. Cork is light, porous, compressible, and elastic. It should be chosen in fine layers or boards, not broken nor knottv, smooth when cut, and of moderate thickness. It is employed for stopping bottles and casks ; as floats for nets; and for other purposes. The best white cork is grown in France, but this country is supplied almost exclusively from Portugal,— whence it is imported generally as dunnage in ships laden with wine. The annual consumption is now about 60,000 cwts. CORN (Dan. Korn. Du. Graanen, Koren. Fr. Bleds, Grains. Ger. Korn, Getreide. It. Biade, Grani. Lat. Frumentum. Pol. Zboze. Por. Graos. Rus. Chljeb. Sp. Granos. Sw. Sad, Spanmal), means strictly " grain in the ear," or "grain unthrashed;" but in commerce the term is applied in a more compre- hensive sense to all kinds of grain or pulse fit for food, in whatever state of preparation. I. Historical Summary of the English Corn-laws. Period prior to 1688. — The general tendency of early legislation was to restrict the exportation of corn, in order to ensure a sufficient supply of food for the people, while its importation was freely permitted. The first statute on record upon this subject is the 34th Edw. III. c. 20, passed in 1360-61, which prohibited exportation. In the succeeding reign, in 1394 (17 Rich. II. c. 7), a counter-law was enacted, allowing exportation on payment of " the subsidies and devoirs thereof due," except when prohibited by the king in council ; a permission which was placed under more definite limitations in 1436 by the act 15 Hen. VI. c. 2, which declared the export of corn legal only when its price did not exceed 6s. 8d. fer quarter for wheat, and 3s. per quarter for barley. This act was continued in 441, and in 1444-45 it was rendered perpetual. The first symptom of a protective corn-law was in 1463, when the importation of corn of foreign growth was prohibited unless the price of wheat should exceed 6s. 8d. the quarter, that of rye 4s., and that of barley 3s. From this we may conclude that the balance of prices had turned, and that, at least for a time, they wero higher in England than in the neignbouring countries. These laws, regulating the exportation and importation of corn, continued in force until 1534, when exportation was prohibited, except " by license under the king's great seal;" but it having been found impossible to enforce this law, it was thought that better success would attend the regulation than the prohibition of the trade, and accordingly the permission to export grain was restored in 1554, when- ever the prices were at or under 6s. 8d. per quarter for wheat, 4s. for rye, and 3s. for barley. In 1562, these limits were enlarged ; the wheat to 10s., the rye to 8s., COR 206 COR and the barley to 6s. 8d. ; and in 1571, it was enacted by the 13th Eliz. c. 13, that corn might be exported at certain specified duties at all times when no proclama- tion had been issued to the contrary. This act gave virtual freedom to the trade, as though the law of 1463 continued in existence, prohibiting importation while the price of wheat, rye, and barley should be under 6s. 8d., 4s., and 3s., respectively, the rates that had for some time prevailed rendered this law inoperative. This system was continued in the succeeding reigns, but accompanied with various modifications, particularly as regards the prices at which export was per- mitted, which were from time to time enlarged, until in 1670 the shipment of wheat was allowed at any time when the price did not exceed 53s. 4d. per quarter. In order to keep the price at this high rate, heavy or rather prohibitory duties were at the same time imposed upon importation. Besides thus trammeling the foreign trade in corn, our ancestors thought proper to impose restrictions upon the trade within the kingdom, under the impression that if the consumers could be brought to purchase immediately from the growers, the profits of intermediate corn-dealers would be saved, — and that the injurious effects of dearths, which then frequently occurred, were attributable to the practices of those dealers in buying up corn, and withdrawing it from market. In 1551, an act was passed declaring the buying of corn in one market with intent to sell it in another to be engrossing, an offence punishable with fine and imprisonment; and by a statute of Queen Elizabeth, no person was permitted to convey corn from one part of the kingdom to another without a license from the magistrates in quarter sessions. In 1624, these restrictions were considerably modified ; and in 1675, the engrossing of corn was made legal whenever the price of wheat did not exceed 48s.* Period of the Bounty System from. 1688 to 1815.— The era of 1688 is as important in the history of our corn-laws as of our constitution. Not satisfied with the degree of favour obtain! by the law of 1670, the landowners succeeded, in 1689, in pro- curing as Vm. & Mary, c. 12), which provided that whenever wheat in the i d be at or below 48s., and barley at or below 24s., there should be allowed a bounty on export of 5s. a-quarter for wheat, and 2s. 6d. for barley. nt act, in 1700, every thing in the shape of duty on English corn was •ied by the crown ; and in 1707, on the legislative union with Scotland, . - operation of the corn-laws was rendered uniform throughout Great Britain. The grand argument brought forward in favour of the bounty law was its tend- ency to prevent a scarcity by inducing the farmers to raise a surplus stock of corn. If, however, as commonly alleged, the real view regarded an object more directly resulting from it, namely, the raising of the rent of land, the projectors of the law were disappointed. The result of the system was, as may naturally be conceived, a large exportation in abundant years ; but it had not, on taking a com- prehensive view of its operation, the effect of creating a general or permanent rise of prices. On comparing the 70 years which followed the enactment of the bounty with the 70 that preceded it, we shall find {Wealth of Nations, b. i. c. 11), that the {trice of wheat was considerably lower in the latter period ; and there seems to be ittle doubt that by carrying cultivation at first too far, it had counteracted the intention for which it was framed. No progressive or constant rise was com- * So lately as 1800, engrossing has been held to be an offence at common law, and a corn-dealer was convicted of it, though he was not brought up for judgment. " Those who still imagine," says Mr Buchanan, " that corn is artificially raised in price, would do well to consider that as the supply of provisions is liable to great variations, there must be some provision in the economy of nature for making a smaller supply last as long as a larger supply ; that there is no way of thus regulating the consumption but by the price, and that it is, accordingly, in reference to this great object that the price is invariably fixed. It neither can be lowered nor increased but for the sake of more exactly suiting the daily and weekly waste to the supply of the year. If we suppose, for example, that the supply falls in one year one-twelfth below the level of an average crop (which we know frequently happens), it would, if consumption were to go on at the ordinary rate, be consumed in the course of eleven months, leaving the last month wholly unprovided for. But this we know never happens, and it is only prevented by a rise of price, which measures the con- sumption by the deficiency of the crop ; and whether, therefore, there is an abundant, middling, or scarce crop, a suitable allowance is sure to be measured out to the consumer, by a low, a mid- dling, or a high price. The corn-dealer, indeed, thinks nothing about all this ; his object is to sell his commodity at the highest price ; and in a scarcity he takes his full advantage ; but while he is thinking only of himself,— while he is only playing his own paltry game, he is a mere instrument in the hands of Him who brings good out of evil, and who turns the little passions of man to the purposes of his own benevolence and wisdom. There is really nothing in nature more wonderful than that great law of society by which subsistence is measured out in due proportion to the sup- ply of the year ; and the more deeply it is considered, the more worthy will it appear of profound and rational admiration." (Buchanan's Edition of Wealth of Nations, note e, vol. ii. p. 304.) COR 207 COR niunicated to prices until after 1760, by which time the increase of our population began to be such as nearly to equal by their consumption the enlarged produce of the agriculturists. The rapid rise of price arising from this cause about ten years afterwards, induced government to resort at first to temporary prohibitions of ex- port ; but in 1773, the decisive step was taken of abrogating the bounty until our markets should fall below the price at which it was formerly allowed, namely, until wheat should be 44s. a-quarter, and barley 22s. ; a measure which amounted virtually to its withdrawal. A more direct influence on the market, however, was effected by the abolition at the same time of the restraints on importation, which was now permitted at the nominal duty of 6d., so long as the home market should be at or above 48s. for wheat, and 24s. for barley. The object of these regulations was to maintain, as far as possible, a level rate of 48s., which the act assumed to be a fair price both for grower and consumer. This revolution in the law, though ascribed to the influence of Dr Smith and Mr Burke, arose more immediately from a consideration of the popular discontent attendant on the rapid advance of prices. The landowners were loud in declaiming against this change, — ascribing to it that cessation in our exports which may be more justly attributed to the increased consumption attendant on an augmented population ; and on the plea that the country might become dependent upon foreign states for food, this powerful class succeeded, in 1791, in procuring an act raising the price at which importation was allowed at 6d. per quarter, to 54s. ; a duty of 2s. 6d. was imposed when the price was between 50s. and 54s.; and 24s. 3d. per quarter was charged when the price was below 50s. Under this act the maritime counties of England were divided into twelve districts, and importation and exportation in each were regulated by their respective prices. In 1804, the price at which the prohibitory duty of 24s. 3d. was charged, was raised from 50s. to 63s.; between this last price and 66s., the duty was 2s. 6cL; and above 66s., it was 6d. per quarter. By this act, the mode of fixing the prices adopted in 1791 was altered, and the aggregate average of the twelve districts was taken as the measure for regulating importation and exportation. In 1814 (54 Geo. III. c. 69), the bounty system was abolished ; but it may be observed, that none could have been claimed at any time after 1792, in which par- ticular year the average price was below that fixed in 1773. Period from 1815 to 1828.— In 1815, a law (55 Geo. III. c. 26) was passed, after much opposition, and exciting great clamour, permitting the free importation of foreign corn to be warehoused, or re-exported, but forbidding the importation for consumption, unless the average prices were, for wheat, 80s.; for rye, pease, and beans, 53s. ; for barley, 40s. ; and for oats, 26s. Every kind might be brought from the colonies when the prices were, for wheat, 67s. ; rye, pease, and beans, 44s. ; barley, 33s.; and oats, 22s. Owing to deficient harvests in 1816 and 1817, prices were raised above these limits, and so much corn was imported free of duty, that a considerable surplus was left for future years. The harvest of 1 822 was one of abundance, and during the next twelve months prices fell below what they had been since 1792. The projectors of the act of 1815 expected that its effect would have been to keep up wheat to about 80s. per quarter, but so far was this expectation from being realized, that, excepting in the years of scarcity already alluded to, the average price, up to 1828, when the system of prohibition was ex- changed for that of a graduated duty, was only 58s. 5d. Meantime, however, the law of 1815 was modified in 1823, so as to allow of im- portation whenever the price of wheat was 70s., for rye, pease, and beans, 46s., for barley, 35s., and for oats, 25s. per quarter, when a duty of 17s. was to be pay- able on wheat during the first three months of importation, and 12s. thereafter (and proportional rates for other grain); but prices were never such, during the con- tinuance of this act, as to bring it into operation. In 1825, the importation of colonial wheat was permitted, upon payment of a duty of 5s. per quarter, without reference to the price in the British market. In the same year, another act was Sassed, permitting, until the 15th August, the entry of corn warehoused prior to lay 1822 at a low duty ; and in the following year, the apprehensions of a deficient harvest forced the government to the extraordinary step of having recourse to an order of council to admit 500,000 quarters of foreign wheat at an almost nominal rate of duty, in order, on the one hand, to alleviate the severity of the prohibitory system, and on the other, to prevent the opening of the ports, and the consequent probable admission of such a quantity of grain beyond the actual wants of the country as might have affected prices for a long period afterwards. COR 208 COR These indications of imperfection in the system, which admitted of alternate pro- hibition and unlimited importation, gave strength to the opinion that a better plan might be devised ; and its inconvenience having at length been recognised by all parties, the act of 1828 founded upon a series of resolutions introduced by Mr Charles Grant (now Lord Glenelg), was passed, by which the trade has been since regulated. II. Existing Regulations of the British Corn-trade. These are embodied in the act 9 Geo. IV. c. 60 (15th July 1828), the principle of which is the constant freedom of importation, upon the payment of duties fluc- tuating according to the average price of grain, decreasing as the price advances, and increasing as the price falls. §§ 1, 2. Repeal former acts. | Returns to Corn-inspector, § 19. Every such § 3. There shall be levied upon all corn entered , factor and dealer shall return, on Wednesday in for home consumption in the United Kingdom, leach week, to the inspector for London, an ac- from parts beyond seas, the duties specified in the subjoined table. Shipments from Colonies, § 4. No corn shall be shipped from any British possession out of Europe, as being the produce of such possession, until the owner or shipper shall have subscribed, before the chief officer of customs at the port of shipment, a declaration specifying the quantity of each sort, and that the same was the produce of some B. P. out of Europe, to be named in such declaration, nor until such owner or shipper shall have obtained from such chief officer a certificate of the quantity so declared to be shipped. And before any corn shall be entered at any port in the U. K. as being the produce of any B. P. out of Europe, the master of the ship im- porting the same shall deliver to the chief officer of customs a copy of such declaration, certified by the chief officer of customs at the port of shipment before whom the same was made, to- gether with the certificate signed by the said chief officer of customs of the quantity of corn so de- clared to be shipped ; and such master shall also subscribe, before the chief officer of customs at the place of importation, a declaration that the several quantities of corn on board such ship, and proposed to be entered, are the same that were mentioned in the declaration and certificate produced by him, without any addition. Penalty for false statement, £100, with forfeiture of the corn. Malt or Ground Corn, § 5. Not lawful to import for consumption into the U. K. any malt, or into Great Britain any corn ground, except wheatmeal and flour, and oatmeal, or into Ireland, any corn ground, under penalty of forfeiture. Gazette Accounts, § 6. Accounts of corn im- ported, and in warehouse, to be published month- ly, by the commissioners of customs, in the London Gazette. Foreign Duties, %c. § 7- If any foreign state shall subject British vessels, goods, &c. to any higher duties or charges than are levied on the national vessels, &c. of such state, his Majesty may prohibit the importation of corn from such state. Weekly Returns of Sales, § 8. In order to re- gulate the import duties on corn according to the average prices of British corn, provides that weekly returns of the purchases and sales of British corn shall be made from 150 towns in England and Wales, to an inspector. Comptroller of Return, § 9-12. London Inspector, § 13-17. To be appointed by Lord Mayor, &c. Dealers in corn ineligible. Declaration by London Corn-factor, fyc. § 18. Every corn-factor or agent within five miles from the Royal Exchange, and every dealer at Mark Lane, shall deliver to the Lord Mayor or Alder- men, a declaration that the returns of sales to be made by him shall be conformable to the act. count, signed by him or his agent, of the quan- tities of each sort of British corn sold during the week, ending on and including the next preced- ing Tuesday, with the prices, the amount of every parcel, the total quantity and value of each sort, by what measure sold, and the names of the buyers, and of the persons for whom such corn was sold ; and it shall be lawful for such inspec- tor to require any person making or tendering such returns, to declare and set forth where, by whom, and in what manner, any such corn was delivered to the purchasers. Provincial Inspectors, § 20-24. To be ap- pointed by mayors in towns, and justices of peace in counties. Dealers ineligible; also those so engaged within preceding 12 months. Declaration by Dealers in Provincial Towns, § 25. Every person who shall deal in British corn, or who shall in such town engage in the business of a corn-factor, miller, maltster, brewer, or distiller, or who shall be the owner of any stage-coaches, wagons, carts, or other carriages carrying goods or passengers for hire to and from any such town, and every person who, as mer- chant, clerk, agent, or otherwise, shall purchase at such town any British corn for sale, or for the sale of meal, flour, malt, or bread, made or to be made thereof, shall before so dealing, pur- chasing, or engaging himself, make and deliver a declaration (according to a form given in the act), that his returns shall in all respects be conform- able to the provisions of the act ; which declara- tion shall be delivered to the mayor, or chief magistrate, or to some justice of peace for such town, or for the county or division in which the same is situate, who are to deliver a certificate thereof to the inspector of corn returns. Inspectors empowered to require such De- claration (§ 26) from any person buying and selling corn, not within the terms of the act specially required to make declaration. Dealers to make Returns of Sales, § 27. All persons required to make declaration , shall, on the first market-day which shall be holden, in each week, in the town in which they respectively deal, return to the inspector for such town an ac- count, signed by them, of the amount of every parcel of each respective sort of British corn bought during the week ending on and including the day next preceding such first market-day, with the price, by what measure bought, name of seller of each parcel, with the names of the person or persons, if any other than the person making such return, for or on account of whom the same was so bought or sold ; and the inspec- tor may deliver to any person tendering such return, a notice, requiring him to set forth where, by whom, and in what manner such corn was delivered. Inspector not to include Returns before ascer- taining that the Parties have made Declaration, §28. COR 209 COR Inspectors to make Weekly Returns to Comp- j troller, § 29. Weekly A verages, § 30. The average prices of j all British corn, by which the said duties shall be regulated, shall be made up and computed on Thursday in each week, in manner following : — | The comptroller shall, each Thursday, from the | returns received by him during the preceding j week, ending on and including the Saturday in I such week, add the total quantities of each sort of British corn sold, and the total prices for which the same shall have been sold, and shall divide the latter by the former ; and the sum produced thereby shall be added to the sums in like man- 1 ner, produced in the five weeks immediately pre- ceding the same, and the amount thereof being divided by six, will give the sum which shall be taken to "be the aggregate average price of each , sort of British corn respectively ; and the comp- ; troller shall publish such aggregate weekly ave- rages in the next succeeding Gazette, and every Thursdav transmit a certificate thereof to the chief officer of customs at each of the ports of the U. K. ; and the duties to be paid shall from time to time be regulated at each of the ports, by the average aggregate prices of British corn at the time of the entry for home consump- tion, of any corn, grain, meal, or flour, charge- able with any such duty, as such aggregate ave- rage prices shall appear, and be stated in the last of such certificates, which shall have been re- ceived by the chief officer of customs at such port. Imperial Measure (§31) to be used in com- puting quantities. British Corn (§33) shall be deemed to be all grain the produce of the U. K. Returns believed by Comptroller to be untrue (§ 36) shall be represented to the committee of the Privy Council, who may direct him to omit the same from the computation of average prices. Penalties, § 42-46. Every person required to make and deliver declarations, who shall fail to do so in the manner directed, shall forfeit £20 for each month during which he shall neglect or delay to make and deliver any such declaration ; and every person failing to make returns in the manner directed, shall, for such offence, forfeit £-2>t. And persons making false or fraudulent returns, shall be guilty of a misdemeanour. Limitation of Actions, § 48. Actions under this act must be brought within three months of matter done. Defendants may plead the general issue, and if judgment given against plaintiff, the former shall have treble costs. DUTIES ON FOREIGN CORN ENTERED FOR HOME CONSUMPTION. IF IMPORTED FROM ANY FOREIGN COUNTRY. Average Price of British Corn. Duty per qr. Average Price of British Corn. Duty perqr. Wheat.— 61s. and under 62s. per qr For each Is. under 61s., Is. additional s. d. 25 8 24 8 23 8 22 8 21 8 20 8 18 8 16 8 13 8 10 8 6 8 2 8 1 13 10 12 4 1 FROM, A 5 6 2 6 6 2 6 Oats.— 24s. and under 25s. per qr And for each Is. under 24s. such duty to be increased by Is. 6d. s. d. 10 9 9 3 1 16 9 15 6 64s. 6.5- And for every additional Is. from 25s. to 31s. such duty to be decreased by ls.6d. At or above 31s 66s. . . 67s 67s. 68s 68s. .. 69s Rye, Pease, and Beans. — 35s. and under 71s And for each Is. under 35s. such duty to be increased by Is. 6d. 71s. .. 72s And for every additional Is. from Barley, Maize, Buck Wheat, Bear or Bigg. — 32s. and under 33s. per qr. . And for each Is. under 32s. such duty to be increased by Is. 6d. 36s. to 46s. such duty to be decreas- ed by Is. 6d. 1 3 6 Wheatmeal and Flour, per barrel of 196 lbs.— Duty equal to that on 38* gallons of wheat. Oatmeal, per quantity of 181 J lbs.— Duty equal to that on 1 quarter of oats. NY BRITISH POSSESSION OCT OF EUROPE. Rye, Pease, and Beans. — Until British rye, pease, or beans be 41s When at or above 41s. per qr Wheatmeal and Flour, per barrel of 196 lbs.— Duty equal to that on 38J gallons of wheat. Oatmeal, perquantityof 181£lbs. — Duty equal to that on 1 quarter of oats. And for every additional Is. from 33s. to 41s. such duty to be decreased bv ls.6d. IF PRODUCE OF, AND IMPORTED Wheat— Until British wheat be 67s. . . When at or above 67s. per qr Barley, Maize, Buck Wheat, Bear or Bigg. — Until British barley be 34s. When at or above 34s. per qr- Oats.— Until British oats be 25s. When at or above 25s. per qr HI. Statistics of the Corn-trade. In presenting a brief summary of the progress of this branch of industry in the United Kingdom, we deem it unnecessary to go farther back than the year 1760, partly from the imperfect nature of the statistical materials previously in existence, but chiefly from the circumstance that it is from that period we may date the great development of manufactures, and commerce, and increase of town population, which caused Great Britain to become an importing instead of an exporting country for corn. Taking decennial periods, we find that, in the first ten years, 1760-1769, COR 210 COR when the average population of England (including Wales) was 6,850,000, the quantity of wheat produced exceeded the consumption by 1,384,561 quarters, — a quantity so nearly equal to the wants of the people, that the deficient harvests of 1767 and 1768 occasioned the importation of 834,669 quarters. The average price during this period is estimated by Mr Porter at 37s. per quarter, — a price which appears to have given a stimulus to agriculture, as the number of inclosure bills passed was 385. In the second period, 1770-1779, when the mean population had advanced to 7,520,000, we find five years of export and five of import,— the imports rather pre- ponderating in quantity. In this period the average price of wheat, according to the London Gazette, was 45s. per quarter, and the number of inclosure bills was increased to 660. In the next period, 1780-1789, six were years of export, and four were years of import ; but the excess of the imports of wheat was only 233,502 quarters, — the supply being thus nearly on a level with the consumption of the people, the mean number of which now reached 8,170,000. In this period, the average price was 45s. 9d., having once been as high as 52s. 8d.; the number of inclosure bills, however, fell off to 246. In the ten years from 1790 to 1799, England ceased to be an exporting country ; the last shipments of wheat having been, as already noticed, in 1792, when the price fell to 41s. 9d. War immediately followed ; and a series of deficient harvests began in 1795, which forced up prices, and led to the passing of an increased num- ber of inclosure bills. The deficiency extended to a positive dearth in the first two years of the next decennary period, 1800-1809 ; and the price of wheat having been raised to the unprecedented height of 115s. lid. per quarter, a great additional quantity of land was brought under the plough. In 1809, another deficient harvest occurred, and, notwithstanding the importation of 1,500,000 quarters of wheat, the average price of 1810 was 103s. 3d., reckoned in the depreciated currency, or about 90s. if estimated in gold. In 1812, it advanced to 122s., equal to about 100s. in gold, — a price so high as to cause the application of so much additional capital to land, that no fewer than 133 inclosure bills were passed in this year, being the largest number on record in any one session. This stimulus being continued, Ted to an increased production, which, joined to the diminished exponse of importation consequent on the return of peace, caused so great a reaction that the average price of wheat in 1814 fell to a rate which, measured in gold, was only about 54s. per quarter. The cry of " agricultural distress" having in con- %equence become urgent, Parliament was induced to pass the act of 1815, securing Ihe monopoly of the home market to the British grower, until the average price of Irheat should reach 80s. In the ten years 1810-1819, no fewer than 853 inclosure Dills were passed ; but between 1820 and 1830, the number was only 205. This diminution was partly owing, no doubt, to the circumstance of the previous in- closures having greatly reduced the quantity of waste land fitted to be brought into cultivation, but it is in a much higher degree attributable to the fact, that a larger amount of produce has of late been drawn, especially in the northern counties, from the same portion of ground, than was obtained in general at the beginning of the century, — an improvement which has been effected by the more complete drainage of the land, the adoption of better rotations, the enforcement of greater economy in the management of details, and other causes. This improvement is not universally admitted by the landowners, many of whom contend that, owing to the fall of prices, agriculture has materially declined since 1815, and in particular since 1820 ; but though this fall has certainly involved many in difficulties, there is still incontest- able evidence to show that the agriculture of the kingdom generally, so far from declining, has made an astonishing progress since 1815. In illustration of this position, Mr Porter, in his valuable " Progress of the Nation" (sec. 2, c. 1, p. 171), exhibits the proportionally decreasing quantities of land brought into use from 1801 to 1835 in contrast with the increase of the population during the same period in the United Kingdom as follows : — Inclosure Increase of Bills. Acres. Population. 1801 to 1810 906. . . .1,657,980. . . .2,209,618 1811 to 1820 771. •• .1,410,930. $. .2,645,738 Inclosure Increase of Bills. Acres. Population. 1821 to 1830 186. 340,380. 3,113,261 1831 to 1835 56 102,480 1,458,403 In the period from 1820 to 1835 there was no increase worth mentioning in the quantity of foreign corn entered for home consumption as compared with the pre- vious ten years, while there can be no doubt that the bulk of the population now consume more corn, and particularly wheat, than at any former period. We are therefore brought irresistibly to the conclusion that a very great increase of pro- duce must have taken place. According to the estimates adopted by Mr Porter, COR 211 COR ** 10,000 acres of arable and pasture land, which, as cultivated in 1801, supported 4327 inhabitants, do, at the present day, owing to the improvements brought about in the art of agriculture, support 5555 inhabitants ;" being an increase of about |th or 25 per cent, in this period. Again, if we compare the present state of the agri- cultural class with their condition before the last war, a still more advantageous contrast is exhibited. " With scarcely any exception," says he, " the revenue drawn, in the form of rent, from the ownership of the soil, has been at least doubled in every part of Great Britain since 1790. This is not a random assertion, but, as regards many counties of England, can be proved by the testimony of living wit- nesses, while in Scotland the fact is notorious to the whole population." No means have been hitherto devised for ascertaining the actual produce of corn in this country. But looking to the statements of the best authorities, and allowing for the circumstance that nearly one-half of the population of Ireland live chiefly upon potatoes, the average annual produce of grain of all kinds, in the United Kingdom, may be estimated at about 56,000,000 quarters. Deducting one-seventh for seed, there remains 48,000,000 quarters for consumption as food, and otherwise. Adding to this the annual importation from abroad, which on an average of the 12 years from 1829 to 1840, inclusive, was 1,685,607 quarters, makes the total yearly consumption about fifty millions of quarters, or nearly one million of quarters a-week ; of this upwards of one-fourth may be estimated to consist of wheat. The extent to which the potato is used as food in Ireland allows a considerable quantity of grain, the produce of that part of the kingdom, to be sent to Great Britain. The quantity thus exported has (as shown in Table, No. I.) increased from between 300,000 and 400,000 quarters yearly, to about 3,000,000 quarters since the commencement of the present century. It chiefly consists of oats ; this grain forming about five-sevenths of the whole, while the wheat is only about one- sixth. The shipments take place chiefly at the ports of Waterford, Limerick, Cork, Dublin, and Drogheda ; large quantities are also sent from Wexford, Gal- way, Newry, Dundalk, Sligo, Londonderry, and Newport. The principal ports at which those shipments are received in Great Britain are Liverpool (about 450,000 quarters grain, and 1,200,000 cwts. meal and flour), London (from 600,000 to 900,000 quarters grain), and Glasgow (nearly 400,000 quarters grain, and 300,000 cwts. meal and flour); but a considerable share of this trade is likewise possessed by Bristol, Portsmouth, Gloucester, Southampton, Cardiff, Swansea, and Lancaster. {Par. Paper, 1839, No. 27.) The chief seat of the British trade is London, where a great weekly market is held every Monday at the Corn Exchange, Mark Lane ; Wednesdays and Fridays being also business days. The quantity of British grain annually brought coast- wise to London is nearly 1,500,000 quarters, besides about 1,000,000 cwts. meal and flour; the shipments from thence, however, are trifling. The other ports which participate most largely in the coasting-trade in British corn, are, in respect to exports, — Yarmouth, Ipswich, Maldon, Lynn, Harwich, Colchester, Stockton, Berwick, Aberdeen, Montrose, and Banff ; and in respect to imports, — Liverpool, Goole, and Hull, Newcastle, Bristol, Leith, Grangemouth, and Glasgow. The total quantity annually sent coastwise is about 3,500,000 quarters, besides nearly 2,000,000 cwts. flour and meal. The total quantity of British wheat sold in the 150 towns from which returns are made to the Corn-office was, in the year 1829, 2,576,129 quarters ; in 1834, 3,768,602 quarters ; and in 1838, 4,064,305 quarters. From the annexed accounts it will be seen that the foreign supplies are principally received from the north of Europe, especially Prussia, or rather Prussian Poland, the produce of which is brought down the Vistula on rafts to Dantzic, the chief Eort of shipment. The price of the wheat exported from this port averages rather igher than at other places, but this difference is more than counterbalanced by the superiority of its quality, which is nearly equal to the English, the " best white" or " high mixed " being indeed superior to our best. Hamburg is likewise an im- portant grain market, being an emporium for the produce of the extensive coun- tries watered by the Elbe, as well as for large quantities of Baltic corn. The chief other exporting ports in the north of Europe are Konigsberg, Riga^ Petersburg, Rostock, and Rotterdam. In the south of Europe, the only great shipping port is Odessa; but it is unlikely that any considerable quantity will be ever imported from thence to Great Britain, as, owing to the distance between the two places, it is essential, to preserve the wheat in condition and from heating, that the voyage should be undertaken in winter. A fuller account of the corn-trade at these places will be found under the heads Prussia, Hamburg, Russia, Mecklenburg, and Holland. COR 212 COR The quantity of foreign corn entered for home consumption varies of course according to the productiveness of our harvest. In 1833, it was only 110,307 quarters ; while, in 1839, it amounted to no less than 4,632,261 quarters, being the largest supply ever introduced into this country in any one year. The latter quantity must have constituted a very considerable proportion of the grain brought to our markets in 1839, as, besides the great deficiency in the harvest of the pre- vious year, it must be borne in mind that a portion of the produce of this country, which has been variously estimated at from a half to two-thirds of the whole, is never brought for sale, but is consumed in the agricultural districts, and employed as seed. Its influence in checking prices must also have been considerable ; for, as we have elsewhere shown [Price], the natural effect of a deficiency in the supply of so necessary an article as corn, is to produce a more than equivalent rise in its price. An account of the varieties and qualities of the different kinds of grain will be found under the heads Wheat, Oats, Barley, &c. No. I. Statement of the Quantities of Irish Grain (principally Oats) imported into Great Britain in each Year from 5th January 1800 to 5th January 1840. Yrs. Quarters. Yrs. Quarters. Yrs. Quarters. Yrs. Quarters. Yrs. Quarters. Yrs. 1 Quarters. 1800 3,238 1807 463,195 1814 812,462 1821 1,822,816 1828 2,826,590 1835 2,679,438 1801 525 1808 656,770 1815 821,192 1822 1,063,089 1829 2,307,244 1836| 2,958,272 1802 461,371 1809 932,478 1816 873,865 1823 1,528,153 1830 2,215,521 1837, 3,030,293 1803 343,547 1810 631,227 1817 695,651 1824 1,634,000 1831 2,429,182 1838 3,474,302 1804 316,958 1811 429,867 1818 1,204,733 1825 2,203,962 1832 2,990,767 [1839 2,243,149 2,737,441 1840, 2,327,966 2,792,658 1 1805 306,924 1812 597,356 1819, 967,680 1826 1,693,392 1833 1806' 466,760 1813 977,164 1820 1,415,722 1827 1,828,460 1834 The quantities of the different kinds imported from Ireland in 1839 were as follows : — Oats, 1,321,348 quarters, and oatmeal, 917,061 cwt. (equivalent, at 176 lbs. per quarter, to 583,584 quar- ters grain) ; wheat, 98,473 quarters, and flour, 559,504 cwt. (equivalent, at 392 lbs. per quarter, to 159,858 quarters grain); barley, including bear or bigg, 61,675 quarters; rye, 2331 quarters; pease, 1484 quarters ; beans, 11,535 quarters; malt, 2861 quarters; in all, 2,243,149 quarters as above.* No. II. Account of the Quantities of Foreign and Colonial Wheat imported ; the average price of British Wheat, according to the London Gazette ; and the nature of the Crops from 1800 to 1828 inclusive. Year. Nature of Crop. Price. Quarters. Year. Nature of Crop. Price. Quarters. 1800 1801 1802 1803 1804 1805 1806 18(7 1808 1809 1810 1811 1812 1813 1814 Bad s. d. 110 5 115 11 67 9 57 1 60 5 87 1 76 9 73 1 78 11 94 5 103 3 92 5 122 8 106 6 72 1 1,242,507 1,396,359 498,359 297,145 398,067 842,879 280,776 379,833 424^709 1,491,341 238,366 244,385 425,559 681,333 1815 1816 1817 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 Full average Scarcity s. d. 63 8 76 2 94 83 8 72 3 65 10 54 5 43 3 51 9 62 66 6 56 11 56 9 60 5 225,263 1,020,949 1,593,518 122,133 34,274 2 12.137 15,777 525.231 315,892 572,733 842,050 | Average | \Not above ave-f J rage \ Rather below avi rage Above average > Average ■[ Below average > Average < Partial deficiency — Good crop Deficiency | Favourable ■[ Nearly average Nearly average > Average ■! Scarcity * In charging duties, and in conversions in the public accounts, the following quantities of flour or meal are respectively deemed to be equivalent to one imperial quarter of grain ; namely, wheat- meal or flour, 392 lbs.; barley-meal, bean-meal, and meal of maize or Indian corn, 384 lbs.; rye- meal, 424 lbs. ; and oatmeal, 176 lbs. In converting the weight of grain into measure, the rule adopted in the accounts of the Board of Trade, is that laid down in the act 1 & 2 Geo. IV. c. 87, § 37, accordingto which, 57 lbs. wheat, 65 lbs. rye, 49 lbs. barley, 42 lbs. bear or bigg, and 38 lbs. oats, are respectively deemed to be equal to 1 Winchester bushel. These proportions give the following equivalents to 1 imperial quarter, namely, 470-37 lbs. wheat, 453-87 lbs. rye, 404*35 lbs. barley, 346-59 lbs. bear or bigg, and 31358 lbs. oats. The Irish barrel of wheat, pease, beans, and rye, equal 20 stones, each of 14 lbs. avoirdupois: the barrel of barley, bear, and rapeseed, equal 16 stones ; the barrel of oats generally equal 14 stones ; and the barrel of malt, 12 stones. COR 213 COR No. III. Statement of the Quantities of Foreign and Colonial Corn entered for Home Consumption in the United Kingdom ; the Imports from Ireland into Great Britain ; the average Prices of British Wheat, Oats, and Barley, accord- ing to the London Gazette ; and the Nature of the Crop for each Year, from 1829 to 1840 inclusive. Average Prices per Foreign k Colonial Grain Imports from Ireland into Year. Nature of Crop. Quarter. entered for Consumption. Great Britain. Wheat. «. d. Barley Oats. Wheat. Qra. Other Grain. Wheat. Other Grain. a. d. Q»«. Q*i. Qr<- 1829 Average 66 3 32 6 22 9 1,379,174 579,829 519,017 1,788,227 1830 Full average.. . 64 3 32 7 24 5 1,711,876 1,039,291 529,717 1,685,804 1831 Nearly average 66 4 38 25 4 1,510,486 1,(169,833 557,498 1,871,684 jjjg } Above ave-j 58 8 33 1 20 5 376,638 116,394 790,293 2,200,474 52 11 27 6 18 5 84,037 26,270 844,211 1,893,230 1834 J rage 1 46 2 29 20 11 64.975 168,955 779,505 2,013,153 1R35 Abundant 39 4 29 11 22 28,555 408,342 661,776 2,017,662 1836 Above average 48 6 32 10 23 1 30,108 377,346 598,757 2,359,515 1837 Under average.. 55 10 30 4 23 1 244.275 595,648 534,465 2,495,828 1&38 Scarcity 64 7 31 5 22 5 1,848,477 90,771 542,583 2,931,719 1839 Under average.. 70 9 39 6 25 11 2,711,309 1,920,952 258,331 1.984,818 1840 Average 66 4 36 5 25 8 2,401,367 1,442,378 174,440 2,153,526 No. IV. Statement of the Quantities of Foreign and Colonial Corn Imported, Re- exported, and Entered for Consumption, in each of the Years from 1829 to 1839, inclusive ; also of the Quantities remaining in the Bonded Warehouses of the United Kingdom at the end of each of the said Y'ears respectively. Imported from Not th of Europe. South of Europe. British America. United States. Other places Total Re-exported. Entered for consumption In warehouse Imported from North of Europe South of Europe British America. United States. Other places Total Re-exported Entered for consumption. In warehouse Imported from North of Europe, South of Europe British America United States. Other places. Total Re-exported. Entered for consumption In warehouse 1832. Wheat. Qra. 287,447 5,642 103,468 39,117 28,384 464,058 288,189 376,638 702,293 0"- _ 162,925 7,432 8 2 782 171,149 112.842 116,394 268,544 1835. Or*. 39.281 2.174 17,H»7 1,945 89,035 132.223 28,555 681,158 2™- - 238,763 25 650 ""22 239,46c 79,875 408,342 304,169 Wheat. Other Grain Qim. ,289,668 93,200 76,654 184,299 34,121 ,716 1 A 15,702 2,647 ' 8,379 1,677,942 34,698 711,876 1, 154,367 .444 2 749. 63,5101 1833. Wheat. Other Grain 171^9621 Qra. 145,874 4,771 10 6 12 100,557 10,188l 39,02 4! 322,583 150,673 93,768 25,603 84, »>37 26,270 822,852 365,926 1856. Wheat Other Grain Q.r«. 227,294 1,611 5,150 338 28,681 Qra. 391,328 567 4 263,. macro- carpus) resembles the other, but is larger, has a more medicinal taste, and is con- sidered of inferior quality; it is imported in considerable quantity from the United States. Cranberries are much used by the pastry-cook for making tarts and some kinds of marmalade. CRAPE (Fr. Crtpe. Ger. Flohr. It. Espumilla. Por. Sendal Sp. Crespon), a light and transparent silken fabric, made with hard silk of the natural colour, — the warp being usually composed of singles, the shoot frequently of the same material, but sometimes when a closer texture is required, of two-thread tram. The peculiar appearance of this article is given to it in the operations of dyeing and dressing after it is woven; and " different manufacturers affect a degree of mys- tery with regard to their peculiar modes of dressing crape, possessing or imagining thence some superiority over their rivab in the manufacture" (Lardner's Silk Manufacture). Crape is generally dyed black, and, from its sombre appearance, has always been considered as adapted to mourning vestments. The manufacture is established in various parts of Norfolk, Suffolk, Essex, Somerset, and at Pan- ders-End in Middlesex, but it has of late years decreased. [Silk Manufacture.] CRAW-FISH, a long-tailed crustaceous animal (Astacus fluviatilis) of the lobster kind, found in the fresh waters of Europe and the north of Asia. It thrives best in rivers, and is commonly taken by nets or bundles of thorns in which flesh in a state of decomposition is placed. CRAYONS, a material for drawing, are of two kinds, — native and artificial. The former is generally of a black, white, or red colour. The best black is a species of earth brought from Italy, of a bright even tint, and of a smooth and GRE 22(3 CRE moderately hard texture. The best white is a kind of chalk, and is procured in France ; it is of a brilliant colour, but very brittle. Pipe-clay is sometimes employed as a substitute, though of an inferior tint. Red crayon is a clayey ochreous kind of chalk. The artificial crayons are composed of earths of different colours, and other pigments, rolled into sticks with some tenacious substance, such as milk or beer-wort. CREAM OF TARTAR. [Tartar.] CREASOTE. [Kreasote.] CREDIT may be defined to be that confidence which subsists among commercial men in regard to their mercantile affairs. This confidence operates in various ways. It disposes them to lend money to each other; to bring themselves under various pecuniary engagements by the acceptance and indorsement of bills; and also to sell and deliver goods in consideration of an equivalent promised to be given at a subsequent period. In a society in which law and the sense of moral duty are weak, and property is consequently insecure, there will of course be little confidence or credit, and there will also be little commerce. " The day," says Mr Thornton, " on which it suits the British merchant to pur- chase and send away a large quantity of goods, may not be that on which he finds it convenient to pay for them. If it is made necessary for him to give ready money in return, he must always have in his hands a very large stock of money; and for the expense of keeping this fund (an expense consisting chiefly in the loss of in- terest) he must be repaid in the price of the commodities in which he deals. He avoids this charge, and also obtains time for preparing and adjusting his pecuniary concerns, by buying on credit ; that is to say, by paying for his goods not by money, but by the delivery of a note, in which he promises the money on a future day. He is thus set more at liberty in his speculations ; his judgment as to the propriety of buying or not buying, or of selling or not selling, and also as to the time of doing either, may be more freely exercised. " But the custom of taking and of giving long credit has its inconveniences as well as its advantages. It increases the amount of the bad debts incurred in the course of commercial transactions. The apprehension of loss is therefore con- tinually operating on the mind of the lender as a restraint on the custom of giving credit, while the compensation he receives for the use of the capital which he sup- plies acts as an encouragement to the practice. The subsisting state of credit may in general be considered as resulting out of a comparison made both by lenders a nd borrowers, of the advantages and disadvantages which each discover that they derive from giving and taking credit. Mercantile confidence, however, is not always dealt out in that proportion in which there is reasonable ground for it. _ At some periods it has risen to a most unwarrantable height, and has given occasion to the most extravagant and hurtful speculations Evils of this kind, however, have a tendency to correct themselves. In a country possessed of commercial knowledge and experience, confidence, in most instances, will not be misplaced. " Some persons are of opinion, that when the custom of buying on credit is pushed very far, and a great quantity of individual dealings is in consequence carried on by persons having comparatively little property, the national commerce is to be considered as unsupported by a proper capital ; and that a nation, under such circumstances, whatever may be its ostensible riches, exhibits the delusive appear- ance of wealth. It must however be remembered, that the practice of buying on credit, in the internal commerce of the country, supposes the habit of selling on credit also to subsist, and to prevail, on the whole, in an exactly equal degree. In respect to the foreign trade of a country, the practice of dealing on credit indi- cates poverty or riches, in proportion as the credit generally taken is longer or shorter than the credit given." {Essay on Paper Credit, p. 15-19.) Credit, though of itself it can add nothing to capital, yet is thus often the in- vigorating influence that aids the processes by which it is fed. Capital might sometimes be frost-bound and stagnant, did not credit, as it were, lend the heat to thaw it, and set it flowing. Supposing all credit to be prohibited, every capitalist who may be incapable of employing his money successfully, will either not invest it, or if he does, he will lose it ; while those who have no capital, but are possessed of skill and capacity for its profitable management, are deprived of all opportunity of exercising tlie talent and activity with which they are endowed, — at least in the manner in which they might be most efficiently exercised. In both ways are in- flicted private injury as well as public loss. But under a law permitting and pro- tecting credit, the capital in the community is brought into combination with tho skill of the community, and the result is tho most productive application of both. CRE 227 CRO These observations, however, must be understood as having reference to that system of credit which is conducted upon fixed principles, and which prevails generally among persons in business, and not to that irregular description of it which frequently takes place betwixt the retailer and the consumer. The latter is a great social evil. It is opposed to habits of frugality and prudence, and in some branches of business has led to such flagrant abuses as in the opinion of many to justify the interference of the legislature. In a well-written pamphlet by Mr A. Rosser, solicitor, titled, " Credit Pernicious," and which produced a con- siderable sensation, the proposition was brought forward, " That m a great variety of cases, simple contract debts between 40s. and £100 shall not be recoverable by any suit or process whatsoever." Mr Rosser's proposed regulations, however, are deficient in clearness ; and the exception which he would make of debts below 40s. would of itself open boundless facilities for escaping from the general rule. A much better plan has been advanced by Mr M'Culloch {Dictionary, art. Credit), namely, to take away all actions for debts under a given sum, as £50, or £100, with the single exception of claims for wages, or for labour done under executory contracts. This would be at least a simple and precise regulation, and one which would rarely admit of being evaded. But notwithstanding the eminent authority on which this innovation is recommended, we doubt its expediency. Admitting to the full extent the evils that have been alleged to attach to the existing system of unrestricted credit, and the ri<,'ht of society to refuse its recognition of any compacts between individuals, which shall be deemed to be in their general nature injurious,— we apprehend public opinion would scarcely tolerate some of the results, outraging all sense of natural justice, which the working of the proposed law would produce. Further, we apprehend, that instead of generally putting down the present practice of buying and selling on credit, such a law would only aggravate its worst evils. In principle it would be very nearly the same with that of the usury laws, which, in certain cases, refuses to recognise loans of money where the rate of interest is higher than five per cent. The effect would be, that the premium paid by the customer for the accommodation which he sought would be raised. Impro- vident persons would not be kept out of tradesmen's books ; they would only be more severely fleeced. The only proper remedy for the evils of the credit system, we believe, is to be afforded not by altogether depriving the creditor of his right to recover his debt, but by restricting the exercise of that right to its legitimate object. On the principle alone that the law should do as much as it can to uphold the dignity of human nature, we would abolish altogether imprisonment for debt, and keep that infliction exclusively for its proper use — the punishment of crime. We would consider the creditor as having no claim against the debtor himself, but only against his pro- perty. Upon the same views, we would protect likewise so much of the debtor's property as should be evidently necessary to enable him to obtain a subsistence for himself and his family. The "workman's tools should certainly be exempt from seizure, and also the more indispensable articles of his household furniture. By such changes, we would mitigate whatever is unnecessarily harsh in the provisions of the law ; but we should look to other influences rather than to any that legislation could exert, for the correction of mere habits of improvidence, and the protection of individuals from the inconveniences naturally consequent upon their own volun- tary acts. These views have, to a certain extent, been lately carried into practical opera- tion, — in England by the act 1 & 2 Vict. c. 110, of which an account is given under the head Insolvency, and in Scotland by the 5 & 6 Wm. IV. c. 70, § 1, which provides that no person shall be imprisoned for a debt not exceeding £8, 6s. 8d., exclusive of interest and expenses. The establishment of County Courts, af- fording speedy and inexpensive modes of recovering debts, have mitigated many objections which had been urged against the credit system. [Accommodation. Bank. Funds. Monet.] CRETE. [Candia.] CREW. [Master. Seaman.] CROCUS. [Colcothar,] CHORE, in Hindoo numeration, signifies ten millions. It is used to express 100 lacs of rupees ; and as each lac is 100,000 rupees, or nearly £10,000, the crore is about £1,000,000 sterling. CROTON, a plant used in medicine, and of which there are two kinds : 1**, The Croton tiglium, a native of India, the seeds of which are about the size of a small marble, of a convex shape on one side, and bluntly angular on the other, and enveloped in a thin shell. These seeds are the most powerful purgative known. CRO 228 CUB " Five hundred doses may be contained in a small wafer box." In this country the medicine is used in the form of an oil expressed from the seeds. 2r/, The Croton cascarilla, the bark of which finds a place in materia medica : it is imported from the Bahamas, either in curled pieces, or rolled up into short quills ; is brown- ish, resinous, and shining, with a weak aromatic smell, and a bitter taste. CROWN, a silver coin in Great Britain and other countries. On the Conti- nent it is known under the various names of couronne, ecu, patagon, and scudo. CRUSADO, the name given to two Portuguese coins : the old crusado, or crusado of exchange of 400 reis, and the new crusado of 480 reis. [Portugal.] CUBA, a noble West India island and Spanish colonv, situated at the entrance into the Gulf of Mexico, between long. 74° IP and 84° 58' W., and lat. 19° 47' and 23° 9' N. Area about 43,000 square miles, being nearly equal to all the other islands together. Population about 900,000, of whom, from one-third to one-half are whites, nearly one-third slaves, and the remainder free people of colour. By the former Spanish constitution, Cuba and Porto Rico, being integral parts of the monarchy, were governed like the provinces of Old Spain : they are now under the charge of a captain-general, who resides at Havana, the capital. A chain of hills runs through the centre of the island from E. to "W., from which the land gradually inclines on hoth sides towards the coast. The country is broken into hill and valley, and plains. The sides of the hills are in some situations cultivated, and are generally fertile ; but the soil is liable to be washed off by heavy rains. The valleys and plains compose nearly four-fifths of the island, and are extremely productive, being in this respect unequalled in the West Indies, except, perhaps, by some parts of Hayti and Guiana ; only a very small extent, however, is under cultivation. There are very few rivers, and none large ; and a great portion of the island is subject to severe droughts. This disadvantage is remedied in some places by diverting the course of the streams for the purpose of irrigation. The climate, although tropical, indicates a transition to that of the temperate zone. The mean temperature of the interior is 73°, and of Havana 77°. The mean annual heat of Havana, in July, the hottest month, is 84° ; the mean of the coldest is 70°, and the depression of the thermometer to 55° is rare. The N. winds are sometimes violent ; but hurricanes occur less frequently than in the other Antilles. The chief mineral product is copper, the mines of which, near Santiago, have of late years attracted considerable attention; several are worked by English and American companies, and a considerable quantity of ore is sent to Swansea, in Wales, to be smelted. [Copper.] The leading objects of culture are sugar, coffee, and tobacco, which form the great staples of the island ; a variety of other tropical commodities are produced, but not in large quantities. Maize, rice, beans, and a little wheat are raised, though not sufficient for the demand ; also plantains, yuca, yams, and potatoes, which form the chief support of the coloured people and slaves. Immense tracts of land are used only as pasture ; and the number of cattle is considerable. The means of internal communication are very defective, and after rain the roads are quite impassable; but the island being of a long and narrow form, the planter is enabled to bring his produce to the sea without a long land-journey. Hence the activity of the coasting-trade, in which a prodigious number of small vessels are employed in conveying the produce to Havana, and the other ports of shipment. Of late years, several railways have been formed ; the principal line (opened in 1838) being from Havana to Guines, a distance of 45 miles. The commerce of the island has increased very rapidly within the last half-century, more espe- cially since 1809, when the Spanish colonial system was relaxed, and the ports of the island opened to vessels of all nations. In 1837, the value of the exports amounted to $20,346,407 ; the principal articles being— sugar, 9,060,053 arrobas, value, §7,927,546; coffee, 2,133,567 arrobas; molasses, 1 14,976 hogsheads ; cigars, 792,438 lbs., value, $1 ,267,4%* ; leaf tobacco, $560,948 ; besides copper, rum, wax, mahogany, cedar, and other commodities of smaller value. To each of the quantities here specified about a fourth part may be added on account of clandestine exportations from the unlicensed ports. In the same year, the imports amounted to $22,940,357, chiefly consisting of grain, flour, and provisions, from the United States, linens, cottons, wine, hardware, and a variety of other manufactured articles. The chief intercourse is with the United States, the imports from which amounted, in 1837, to $6,546,955, while those from Great Britain did not exceed $1 ,373,962. This preponderance of the States in the trade of Cuba arises from their furnishing a near and ready market for all the exports of the island, and from their being able to supply provisions in abundance. Spain, since the loss of her colonies on the mainland, endeavours to turn to greater advantage her possession of Cuba, and her trade ranks next, in point of extent, to that of the United States. The smaller share possessed by Great Britain is mainly attributable to her not admitting the productions of Cuba into her ports on the same terms as those of her own colonies. The other states which participate most largely in the commerce of the island, are the former Spanish colonies, the Hanse Towns, and France ; also Russia, to which considerable quantities of produce are exported. The value of the imports we have noticed does not include negro slaves, of whom about 25,000 are annually brought into Cuba; and to the low price of labour thus induced is in part attributed the increased production which has lately taken place. This infamous traffic is said to be protected by the government for the purpose of retaining the island more securely under the dominion of Spain. By an ordinance of 12th March 1837, free coloured people are prohibited from even land- ing on its shores. The number of vessels which annually enter the ports is about 2500, one-half of which are from the United States; about 740 Spanish; nearly 200 English; 50 French, and the same number from the Hanse Towns and the Netherlands, respectively. Havana, the chief port and capital of Cuba, and one' of the greatest commercial cities of the New World, stands on the N. W. side of the island, in 23° 9' N., 82° 22' W., on a promontory formed on one side by the open sea, and on the other by a large bay nearly 2J miles in width ; CUB 229 cue nop. 130/>00, of which nearly onc-h.slf reside without the walls. The entrance iuto the harbour .v and deep ; and defended on the E. by the Moro Castle, and on the W. by Puntal. - into a secure and spacious basin, where there is sufficient depth of water for line-of -battle ships enter annually. The chief other ports are. on the N. side of the island, Matanzas, and on the 8. side Santiago- de-Cuba ar.d Trinidad. Besides these, the following are licensed for foreign trade: — Puerto- rrincipe, Baracoa, Gibara, Cienfuegos, and Manzanillo. MEASURES AND WEIGHTS, MONEY, DUTIES, &.C Measures and Weights.— The standards of 3 per cent., besides the balanza duty of 1 per Spain are those generally in use. In trade the cent, on the gross amount of the duties previously following proportions are commonly observed : — \ ascertained. The chief deviation from these ad 108 vans = 100 Imp. yards, or 1 vara = 33^ Imp. ' valorem duties is in the case of flour, which if thefanega =3 Winchester, or 2*9 Imp. | imported from a foreign country in a foreign f wine or spirits = 4-1 Eng- ; vessel, is $9J per barrel, but if from a foreign li.-h wine gallons, or 3-42 Imp. gallons ; the quin- j country in a Spanish vessel, $8i per barrel ; be- ta! of 4 arrobas, each of 25 lbs. = 1013 lbs. avoir- sides the balanza of 1 per cent. »r 1 arroba = 25 lbs. 7 oz. avoirdupois. ' The export duty on produce, if sent to Spain a re stated in dollars divided in a Spanish vessel , is 2$ per cent. ; if to a foreign into 8 l 34 maravedis, which are port in a Spanish vessel, 4i; and if in a foreign .1 bv merchants at the fixed rate of $444 vessel to a foreign port, 64 per cent. These ex- . o'd. per dollar ; the vai ia- port duties are exclusive of the balanza duty of 1 eing made by per centages upon the amounts in sterling. Bills on London v,n at 60 days' sight ; and the course of ge fluctuates" from about 6 to 20 per cent un : the quotation at Havana, Oct. ID, 14 1 per cent, premium," or £114, above = bill on London for At 8 per cent, premium the dollar = 4s. 2d. sterling. The currency of the island consists of gold doubloons, dollars, and their aliquot parts. [Doikloon. Dollar.] Taper money is un- known. Duties are mostly ad valorem, the valua- tions of the goods being as far as possible fixed by the tariff. On Spanish goods brought direct from the Peninsula, it is 64 per cent. ; but if brought in foreign vessels, 14i, and in some cases, 184 per cent. On foreign goods from Spain in Spanish vessels, 10i per cent., and in a few cases, 134 per cent. On foreign goods imported from a foreign country in Spanish vessels, 144 per cent., and in some cases 18$. On goods imported from a foreign country in a foreign vessel, 214, and in some cases 274 per cent. To these import duties there is always added a supplementary duty of per cent. On sugar, the export duty is 3 reals per box, if shipped in a Spanish, and 4 reals if in a foreign vessel ; on tobacco, in foreign vessels to a foreign port, 124 per cent. ; in Spanish vessels with a foreign destination, 64 ; and in Spanish vessels to a Spanish port, 2$ per cent. ; on the precious metals exported to a foreign port, gold, 14, and silver 24 per Cent. The Revenues of the island, on an average of the five years ending with 1837, amounted to $8,948,581 per annum ; of which the import ;md export duties formed 61 per cent., and the inter- nal taxes, 221 per cent. A British Loan was raised in 1835 for the pur- pose of making the railroad between Havana and Guinea. Its nominal capital is £450,450, which was issued at 91 per cent., in bonds for £100, £250, and £500 each, bearing 6 per cent, interest ; and having 50 coupons forthedividends, whichare due in London on 5th March and 5th Sep.ember. It was agreed that asinkingfundshould commence in 1839, in order to redeem the whole by 1860, either by purchase, or payment at par by draw- ing lots. This loan is secured upon the receipts of the railway, and the revenues of the Royal Com- mercial and Agricultural Society of Cuba. Cuba was discovered by Columbus in 1493 ; and the first settlement was formed by the Spaniards in 1511. In 1762, Havana was taken by the British, but it was restored to Spain at the peace of 1763. The island derives great political importance from its position, which gives it a control over the trade between Europe and all countries lying round the Caribbean Sea and Gulf of Mexico ; I returning to Europe from Jamaica, or the coast of South America, are under the neces- sity of doubling CaLo San Antonio, and proceeding homeward by the Gulf Stream, in order to avoid the opposing force of that current, and of the trade-wind which they have to encounter in attempting a passage either by the Windward or Mona Passages, situated respectively at the W. and E. extremities of Ilayti. S (TBEBS (Du. Koebeben. Fr. Cubebes. Ger. Kubeben. It. Cubebi. Por. Co- Rus. Kubebu. Sp. Cubebas. Jav. Kumukus), a kind of pepper, composed of the dried pedicelled berries of the shrub Piper cubeba, a native of Java. They are about the size of black peppercorns, but somewhat wrinkled, and having a short slender stalk. Their colour is externally gray, their smell aromatic, and their taste warm and camphoraceous. Cubebs are imported iuto Europe from Bat :t via and Canton, and are used in medicine. I IT, a measure of length, equal 18 inches, or |th of a fathom. CUCUMBER, the cooling fruit of a well known annual (Cucumis sativus) of which several varieties are cultivated in this country, mostly in hothouses, the plant being a native of a warm climate. It is chiefly used with us as a salad or :.ont ; but in Egypt, Syria, and other eastern countries, where it is grown in it form-: a considerable part of the food of the lower classes, especially I summer ; and its employment for this purpose is repeatedly noticed in ■re. \\ ild Cucumber, or Squtrtujo-courd, a perennial (Afomnrdim elaferium'), is a : f the S. of Europe. The fruit Ls oblong, about IJ inch in length, ar.d &f a CUD 230 CUS green colour ; aud its juice yields the purgative substance known in medicine under the name of elaterium. CUDBEAR, a dye-stuff, consists of a fine powder, of a violet red colour, and a peculiar but not disagreeable odour ; it is prepared in the same manner as orchell, from a species of lichen (Lecidea tartarea), imported from Sweden and Norway under the name of rock-moss. CUMMIN-SEEDS are obtained from an annual umbelliferous plant (Cuminum cyminum) resembling fennel, but smaller. It is a native of Egypt, though the seeds are imported chiefly from Sicily and Malta. They are of an ash-gray colour, oval, linear, flat on one side, convex and striated on the other ; having a strong unpleasant smell, and a bitter, acrid, aromatic taste. They are to be chosen fresh, and of a greenish colour. These seeds are used in medicine, and also as a condiment. CURRANT, a hardy berry, produced by a bush (Ribes) common in all parts of this country. There are two species ; one of a red or yellow colour {R. rubrum), remarkable for its mixture of sweetness and acidity ; the other of a black colour (R. nigrum) without acidity, but containing a powerful and agreeable aromatic principle. Of the former, the finest varieties are, Wilmot's red, the White Dutch, Knight's sweet red, and the common white ; of the latter, the best is the Black Naples. These currants are employed in confectionary, and in the manufacture of a kind of wine. The fruit commonly known in commerce, however, under the name of currants, consists of the small dried grape or berry species of vine, chiefly cultivated in the Morea and the Ionian Islands, from whence about 170,000 cwts. are annually brought to the United Kingdom, where it is extensively used in the making of puddings, confectionary, &c. S CURRENCY, the current money of a country. [Coin. Money. Exchange.] ** The currency I consider to be, in strictness of language, according to the apparent derivation of the term, that part of the circulating medium, such as the coin of the realm, and Bank of England notes and country bank notes (although not a legal tender), which pass current from hand to hand without individual signature, such as appears on drafts or indorsements. I am doubtful whether cheques upon bankers might not be included, from their perfect similarity to bank notes, in many of the purposes for which they are employed ; at the same time, there is the feature of distinction which I have mentioned, viz. that cheques require the signature of the party passing the draft, and that they do not pass from hand to hand. Bills of exchange I consider as a part of the general means of distributing the productions and revenues of the country, and there- fore as constituting a part of the circulating medium. I consider also, that the simple credits by which goods are in many instances bought and sold, come likewise under the general description of the circulating medium, in as far as the prices of commodities are in question ; because a simple contract of sale, whether any payment eventually passes or not, is commonly entered in the price currents without distinction from those for which any actual payment is made. I cannot consider that transferable debts (such as deposits in the hands of bankers, against which the depositors are entitled to pass their drafts) constitute circulating medium, but only the actual transfers." (Evi- dence of Thomas Tooke, Esq. Report on Banks of Issue, 1840, p. 297.) In some parts of Germany, and in the British colonies in the West Indies and North America, the term currency is applied to the monies of account only. CUSTOMS, duties levied upon commodities imported or exported. The first statute authorizing the crown to levy such imposts in England was the 3d of Edward I. ; and the method long employed in their collection was to affix a certain rate or value upon each kind of merchandise, and to grant upon these rates a subsidy, which was generally a poundage of Is. for every 20s. of value fixed in the book of rates ; a specific duty, or tonnage, being also charged on the importation of each tun of wine, and the exportation of each tun of beer. Hence, in the early acts relating to the customs duties, they are described as subsidies of tonnage and poundage. The system of poundage was continued until the reign of Charles II., when, as respects some articles, it was changed for that of specific duties. This course of substitution of specific rates, in place of the valuation of the subsidy, was continued from time to time, and other innovations being adopted, the simplicity of the ancient plan was at length destroyed. The embarrassment to traders thereby produced was increased by the number of acts of Parliament passed for altering the duties or regulations of this branch of revenue. Much was done to remedy these inconveniencies, by a consolidation act, introduced by Mr Pitt in 1787, by other acts of the same kind, and by a Digest of the Customs Laws by Mr Tickling, which was published by the Lords of the Treasury about the year 181.5 ; but the utility of these arrangements and expositions having been impaired by numerous fresh enactments, the government were induced in 1823 to cause the preparation of a new set of laws for the consolidation of the customs. This wori* CUS 231 CUS was uiiucrtaken and performed by Mr James Deacon Hume, then comptroller of the customs in the port of London, and afterwards secretary of the Board of Trade; and the bills prepared by him form the subject of the eleven acts of the 6th Geo. IV. cap. 10(5, to cap. 116 inclusive, all passed in July 1825. These are as follows : t for the Management of the Customs ; 2d, Act for the general Regulation of the Customs ; 3d, Act for the Prevention of Smuggling ; 4th, Act for the En- couragement of British Shipping and Navigation ; 5th, Act for the Registering of British Vessels ; 6th, Act for granting Duties of Customs ; 7th, Act for the Ware- housing of Goods ; 8th, Act to grant certain Bounties and Allowances of Customs ; 9th, Act to regulate the Trade of the British Possessions abroad ; KM, Act for regulating the Trade of the Isle of Man ; and, llth, Act for regulating Vessels carrying Passengers to foreign Parts. These statutes were brought into opera- tion on the 1st January 1826; but the entire code was recast in 1853. The produce of the customs in 1596, in the reign of Elizabeth, did not exceed £50,000. In 1613, it amounted to nearly £150,000, more than two-thirds of which were collected in London. At the Restoration, in 1660, it increased to £421,582 ; and at the Revolution, in 1689, to £781,987. In 1763, the produce was about £2,000,000 in 1792, £4,407,000; in 1815, £11,360,000; in 1830, £21,084,525; in 1840, £23,466,117; in 1850, £20,442,170; and 1860, £21,997,513. In 1861, theexact amount received at the various Custom Houses in the United Kingdom in duties on goods imported was £23,637,513. CUSTOM-HOUSE, a term applied in a general manner to the establishment by means of which the customs revenue is collected, and its regulations enforced ; and in a more limited sense to the building within which the business is conducted. The customs department of the revenue is at present managed by a board in Lon- don, consisting of nine commissioners, acting under the Treasury, and by collectors and other officers at the different ports. The regulations respecting the appoint- ment, instruction, and conduct of the several officers are chiefly embodied in the act 16 & 17 Vict. cap. 107, and in orders issued by the Commissioners. Officers in the customs taking any fee or reward, not allowed, shall be dismissed ; and if any person (not in the customs) shall give, offer, or promise to give any such fee or reward, he shall forfeit £100 (3 £ 4 Wm. IV. c- 51, § 8, and 16 & 17 Vict. cap. 107, sect. 3). Officers of customs not liable to serve parochial and other local offices. Holidays at the customs, only Christmas day and Good Friday, fast-days, and the birthday of Her Majesty, and which shall be kept us public holidays by the officers and servants of the dock companies in the United Kingdom. CUSTOMS REGULATIONS. The regulations respecting the importation and warehousing and exportation of commodities are chiefly embodied in the Customs Consolidation Act (16 and 17 Vict. cap. 107 ; 18 and 19 Vict. cap. 96; 22 and 23 Vict. cap. 37 ; 23 Vict. cap. 22, and 25 Vict. cap. 22). Very little alteration has been made in the regulations except such as have arisen from the alteration of the Navigation Laws, the progress of free trade measures, and reciprocity treaties with foreign nations, the modification of some penalties, the removal of restrictions on most goods imported or exported, the extension of warehouse privileges and custom houses to additional ports, and a few other minor matters. We may specifically allude to the following alterations in the appended abstract of the old regulations. Sections 23, 26, and 29 are obsolete, the trading privileges of the East India Company having died out with the abolition of the Company itself. § 27. Goods not entered within 14 days may be conveyed to the Queen's warehouse ; and if the duties and charges are not paid within three months, the goods may be sold. ^ 44 to 47, are obsolete; as fish and oil of foreign taking are now entered duty free, no bounty or privilege whatever being given to British ships or British enterprise. § 58. The list of prohibited or restricted articles has been very greatly nar- rowed, live animals, meat, fish of foreign taking, &c. are all admitted duty free. § 69 and 72. There is now no restriction on the export of coal § 96. The following ports are now added to those enumerated : Liverpool, Hull, Shields, Aberdeen, Greenock, Dundee, and Waterford. § 99. The privilege is extended to other ports than those named. § 104. The prohibition to export tools, machinery, manufacturing engines, removed ; indeed there is scarcely any restriction on the liberty of trade. cus 232 CUS Abridgement of an Act for the general Regulation of the Customs, viz.: — 3 &4Wm. IV. c. 52, with the Alterations made by later Enactments. port of the ship, and subscribe a declaration to the truth of the same, before the collector or comp- troller. The report must state the marks, num- bers, and contents of all the parcels of goods on board and the particulars of goods stowed loose — to the best of his knowledge, and of the places where they were taken on board, and of the luirden of the ship, and of the country where she was built, or, if British, of the port of registry, and of the country of the owners, and of the name and country of the master, and of the num- ber of the navigators, stating how many are erf the country to which the ship belongs, and how The report must Inwards. General Provision, §2. Nogoodstobeunlader from any ship, or bulk to be broken, after arrival of such ship within four leagues of the coast, before due report and entry has been made, and warrant granted, in the time, place, and manner appointed by the act. All goods not duly re- ported, or unladen contrary to the act, are for- feited ; and if bulk be broken contrary to the act, the master of such ship forfeits £100 ; and if, after arrival within four leagues of the coast, any alteration be made in the stowage of the cargo, bo as to facilitate the unlading of any part, or if any part be staved, destroyed, or thrown over- board, or any be deemed to many of some other country. be opened, the ship shall further declare, whether and in what cases such ave broken bulk. j sn ip has broken bulk in the course of her voyage, Manifest, § 3. No goods to be imported in any ana what part of the cargo, if any, is intended British ship, nor tobacco in any ship, unless the f or importation at the port, and what part, if master have on board a manifest thereof, made anv , for importation at another port, and what, out and dated and signed by him at the place of if a ny? i s prohibited except to be warehoused taking on board, and authenticated as herein for exportation, and what, if any, is intended for after provided. Every manifest must set forth exportation in such ship, and what surplus stores the name and tonnage of the ship, the name ot r stock remain on board, and, if a British ship, the master and of the place to which the ship longs, and of the places of loading and destination , respectively, and contain a particular account and description,— of all the packages on board, with marks and numbers, and the sorts of goods and different kinds of each sort contained therein (to the best of the master's knowledge) and of the particulars of such goods as are stowed loose, and the names of the respective shippers and consignees, as far as the same can be known to the master ; and to such particular account shall be subjoined a general account or recapitulation of the total number of the packages of each sort, describing the same by their usual names, or by such descriptions as the same can best be known by, and the different goods therein, and also the total quantities of the different goods stowed loose. Every manifest for tobacco must be dis- tinct from any manifest for other goods, and must contain the particular weight of tobacco in each hogshead, cask, chest, or c»se, with the tare. § 4. Before any ship is cleared out from any British possession abroad, or from China, with any goods for the United Kingdom, the master must produce the manifest to the collector or comptroller, or other proper officer, who shall answer all questions relating to the ship and certify upon the same the date of production. § 5. Before the departure of a ship trom a place beyond the seas not under the British dominions, where tobacco has been taken on board for the United Kingdom, the master must produce the what foreign-made sails or cordage, not being standing or running rigging, are in use on board. The master failing to report, or making a false report, forfeits £100. § 9. The master of every vessel coming from Africa who has taken on board natives, must state in the report how many he has on board, under penalty of £100, and he or the owners must enter into bond to the extent of £100 to relieve parishesofany expense from such Africans, or be liable in a penalty of £200. § 10. If the master report contents of packages as unknown, they may be opened by the officers, and forfeited if prohibited, or charged with duty if importable for home use; unless in either case the commissioners, in consideration of the sort or quality of the goods, or the small rate of duty payable on them, see fit to deliver them for exportation. § 11. The master, at thetime of making report, must deliver to the collector or comptroller the manifest of the cargo where a manifest is re- quired, and, if required by the collector or comp- troller, must produce any bill of lading, or a true copy, for any and every part of the cargo, and cargo, and crew and voyage ; and in case of failure in these requisites, or falsehood in per- formance, or if any bill of lading uttered or pro- duced have not been signed by him, or any such copy have not been received or made by him manifest to the British consul or other chief previously to his leaving the place where the officer, if any such reside at or near the place, goods were shipped, the master forfeits £100. who must certify upon it the date of production. § 12. If part of the cargo of any ship for which § (j. If the manifest is wanting, or if any goods a manifest is required be reported for importa- co Gained in it be not on board, the master for- feits £100. § 7- The master of every ship required to have a manifest, must produce it to any officer of the customs who shall come on board after his arrival within four leagues of the coast, and who shall tion at some other port, the collector and comp troller of the port at which some part has been delivered, must notify such delivery on the mani- fest, and return the same. § 13. Every ship must come as quickly up to the proper place of mooring or unlading, as the demand an inspection; and the master must 1 nature of the port will admit, and without touch- deliver, to the officer who first demands it, a ing at any other place ; and must in proceeding true copy of the manifest signed by himself; and '■ thither bring to at stations appointed by the coin- must deliver another copy to any officer who missioners for boarding by officers ; and after ar- may be the first to demand it within the limits rival she must not remove except directly to some of the port to which the ship is bound. The | other proper place, and with the knowledge of officers must notify on the manifest and copies the proper officer, on penalty of £100 by the the date of production of manifest and receipt ! master. The commissioners may appoint proper of copies, and transmit the copies to the col- | places for the mooring or unlading of ships im- lector and comptroller of the port to which the 5 porting tobacco, and where such ships only shall vessel is first bound, and return the manifest to bj moored or unladen ; and in case the place so the master. A master failing to produce the , appointed be not within some dock surrounded manifest, or deliver the copy, forfeits £100. with walls, if any ship, after having been dis- Report, § 8. The master of every ship arriving, , charged, remain there, or if any ship not impoi t- whether laden or in ballast, must, within twenty- j ing tobacco be moored there, the master forfeits four hours, and before bulk be broken, make re- i £20. cus 233 CUS § 14. The proper officers may board ships arriv- ing, and remain on board until all the goods have duly delivered ; and such officers must have free access to every part of the ship, with power to fasten down hatchways, and to mark any goods before landing, and to lockup, seal, mark, or otherwise secure any goods on board; and if ice, or any box or chest, be locked, and the keys be withheld, such officers, if they be of a degree" superior to tidesmen or watermen, may open them in the best manner in their power ; and if they be tidesmen or watermen, or only of that degree, they must send for their superior, who may so open them. If goods be found con- cealed, they become forfeited ; and if the officers place any lock, mark, or seal upon any goods on board, and they are wilfully opened, altered, or broken before due delivery, or if any of the goods be secretly conveyed away, or if the hatchways, after having been fastened down by the officer, be opened, the master forfeits £100. § 15. When government ships, British or for- eign , have goods on board, the commanding officer must, before unloading, or when called on by an officer, deliver an account of quality and quantity, marks and numbers, and names of shippers and consignees, and subscribe declaration, and answer questions, &c, as above, under penalty of £100. Such ships are liable to such searches as mer- -hips, and officers may enter them, and n shore into the Queen's warehouse goods m board: subject to such regulations in of British ships of war, as may be directed by the Treasury. § 16. The master of every British ship returning from any British possessions in the West Indies, must, within ten days of arrival, deliver to the collector or comptroller a list of the names and descriptions of the crew on board at the time of clearing from the United Kingdom, and of the crew on board at the time of arrival in the West Indies, and of every seaman who has deserted or died durirg the voyage, with the amount of wages due at the time of death, and must subscribe a declaration at the foot of such list, to its truth. master omitting forfeits £50. The list is kept by the collector for the inspection of all in- terested. Entry, § 17. Every importer must, within fourteen days after arrival , make perfect entry in- wards, or entry by bill of sight, of the imported goods, and land the goods ; and in default, officers may convey them to the Queen's warehouse. When the cargo of a ship has been discharged, with the exception only of a small quantity, the officers may convey such remaining goods", and may at any time convey small packages or parcels to the warehouse, although the fourteen days have not expired, to be kept waiting due entry during their remainder. If the duties on goods so conveyed to the Queen's warehouse be not paid within 3 months after the 14 days, with charges of removal and rent, they must" be sold, and the produce applied, first to the payment of freight and charges, next of duties ; the overplus, if any, going to the proprietor. §18. The person enteringgoods in wards(whether for payment of duty, or to be warehoused upon the first perfect entry, or for payment of duty upon the goods being taken out of the warehouse, or whether such goods be free of duty), must deliver to the collector or comptroller a bill of entrv, fairly written [or by 1 & 2 Yict. c. 113, § 3, printed or partly written and partly printed] in words at expressing the name of the ship, and of the master, and of the place whence the goods were brought, and the description and situation of the warehouse- if they are to be warehoused, name of the person in whose name they are tu be entered, and their quantity and descrip- id the number and denomination of the packages; and in the margin he rau=t delineate the marks and numbers of such packages ; and he must pay down any duties payable iq>on the goods. He must deliver at the same time two I or more duplicates, as the case may require, in 1 which sums and numbers may be expressed in \ figures. The particulars must be written and arranged in such form and manner, and the j number of such duplicates must.be such as the collector and comptroller may require ; and the | bill being duly signed by the collector and comp- ! troller, and transmitted to the landing waiter, is ; his warrant for the landing or delivering. § 19. Every person making such entry without consent of the proprietor or consignee, for every offence forfeits £li ; but the penalty does not ! extend to persons acting under the directions of the several dock companies, or other corporate bodies authorized by law to pass entries. § 20. No entry or warrant is valid, unless the particulars in the entry correspond with those in the report, and in the manifest, and the certificate or other document, where any is required, by which the importation or entry is authorized, nor unless the goods be properly described in the entry by the denominations, and with the char- acters and circumstances, according to which they are charged with duty, or maybe imported, either for use or exportation; and goous nut duly entered, removed from any ship or ware- house, or for the delivery of which, or for any order for the delivery of which, from any ware- house, demand is made, are forfeited. § 21. If goods be charged to pay duty according to the number, measure, or weight, such num- ber, measure, or weight must be stated in the entry ; and if they be charged according to value, such value must be stated and affirmed by de- claration of the importer or his known agent, written upon the entry, and attested by his sig- nature. If the goods be chargeableat thediscre- tion of the officers by either criterion, both must be stated. A person making the declaration un- authorized, as by § 19, forfeits £100. The declaration is as follows : — " I, A. B., of [place of abode] do hereby de- clare, that I am [the importer, or authorized by the importer"), of the goods contained in this entry, and that I enter the same [stating tchich, if part only] at the sum of . Witness my hand, the day of " A. B." § 22. If it appear to the officers that goods are not valued according to their true value, they may detain a^d secure them, and (within 5 days from the landing, if in the ports of London, Leith, or Dublin, or within 7 days if in any other port), take them for the use of the crown ; and if a different rate be charged, according as the value of the goods is described as above or below any particular price, and they are valued in the entry for the lower rate, and it appear to the officers that they are liable to the h:gher rate, they may be so taken. The commissioners, in such cases, cause the amount of such valuation, together with an addition of 10 per cent., and the duties paid upon entry, to be paid to the im- porter or proprietor in full satisfaction, and dis- pose of the goods for the benefit of the crown ; and if the produce exceed the sums and charges, j one moiety of the overplus e-oes to the officer who detained the goods ; and the remainder is ' carried to account as duties of customs. § 23. The value of goods imported by the East India Company is ascertained by the gross price I which they bring at the Company's sales, and the ' Company "is required to sell all goods paying duty by their value, within three years from the im- portation, and give notice to the officers of the time and place. § 24. If the importer, or his agent after full coq- cus 234 CUS ference with him, declare before the collector or comptroller that he cannot, for want of full infor- mation, make a full or perfect entry, and sub- scribe a declaration to the truth thereof, the collector and comptroller may receive an entry by bill of sight for the parcels of such goods, by the they were landed, and provided the claim be made at the time of the first examination. § 31. On the claim being so made, the officers examine the goods, and may state the proportion of damage, according to their opinion, and make a proportionate abatement ; but if the officers be best description which can be given, and may i incompetent to estimate the damage, or the mi- grant warrant that they may be provisionally porter be not satisfied, the collector and comp- lauded, and be examined by the importer, in | troller must choose two indifferent merchants cx- p-esence of the proper officers ; and within three perienced in the nature and value of such goods, the tonnage of the ship in which they are laden : article be subject to duty according to the value i tea and goods from China in other than British thereof. Silk : manufactures rf silk, being the ] ships, or by other persons than the East India manufactures of Europe, unless into the port of , Company during the continuance of their exclu- London, or into the port of Dublin direct from sive privileges of trade [now expired] ; gunpow- Bordeaux, or into the port of Dover direct from | der, arms, ammunition, or utensils of war ; dried Calais [or by 4 & 5 Wm. IV. c. 89, §6, direct , or salted fish, not being stock fish; infected hides, from Boulogne], and unles in a ship or vessel of I skins, horns, hoofs, or any other part of any 70 tons [or of 60 tons by the new measurement] cattle or beast ; counterfeit coin or tokens ; bo.jks or upwards, or into the port of Dover in a vessel ! first composed or written, or printed and pub- of the burden of 60 tons at least, with license of , lished in the United Kingdom, and reprinted in the commissioners of the customs. Spirits, not any other country or place ; copies of prints first being perfumed or medicinal spirits, viz. all spi- ; engraved, etched, drawn, or designed in the rits, unless in ships of 70 tons [or of 60 tons by \ United Kingdom ; copies of casts of sculptures the new measurement] or upwards ; rum of and ! or models first made in the United Kingdom ; from the British plantations, if in casks, unless clocks or watches, being such as are prohibited in casks containing not less than 20 galls, [by 4 & i to be imported for home use. 5 Wm. IV. c. 89, § 8, all vessels and packages, § 60. If by reason of the sort of any goods, or of except glass bottles, are counted casks, in regard to this and the immediately succeeding article] ; all other spirits, if in casks, unless in casks con- taining not less than 40 galls, [reduced by 6 & 7 Wm. IV. c. 60, § 4, to 20 galls.]. Tea, unless from the place of its growth, and by the East India Company, and into the port of London, during the continuance of their exclusive privi- leges of trade. Tobacco and snuff, viz. unless in a ship of the burden of 120 tons or upwards ; tobacco of and imported from the state of Coloni- the place from whence, or the country or navi- gation of the ship in which any goods are im- ported, they may not be used in the United Kingdom, they can only be entered to be ware- housed, and it must be declared upon the entry that they are entered to be warehoused for ex- portation only. OUTWARDS. General Provisions, § 61. No goods can be shipped, or waterborne to be shipped, in any place in the United Kingdom, or the Isle of bia, and made up in rolls, unless in packages j Man, to be carried to parts beyond the seas, be containing at least 320 lbs. weight of such rolls segars, unless in packages containing 100 lbs. weight of segars ; all other tobacco and snuff, unless in hogsheads, casks, chests, or cases, each of which shall contain of net tobacco or snuff at least 100 lbs. weight, if from the East Indies, or 450 lbs. [reduced, by 6 & 7 Wm. IV. c. 60, § 4, to 300 lbs.] weight, if from any other place, and not packed in bags or packages within any such hogshead, cask, chest, or case, nor separated nor divided in any manner whatever, except tobacco of the dominions of the Turkish empire, which may be packed in inward bags or packages, or separated or divided in any manner within the outward package, provided such outward package be a hogshead, cask, chest, or case, and contain 450 [300] lbs. net at least [but by 4 & 5 Wm. IV. fore due entry outwards of ship and entry of goods have been made, and cocket granted, nor before the goods have been duly cleared for ship- ment as after mentioned ; and no stores can be shipped for the use of such ship, nor can goods be deemed stores, except such as are borne upon the victualling bill, and no goods can be so ship- ped or waterborne to be snipped, except as di- rected by the act, under penalty of forfeiture of the goods or stores. § 62. The master of any ship with goods or stores on board departing without being duly cleared outwards, forfeits £100. § 63. The master of every ship departing, upon application receives from the searcher a victualling bill for the shipment of such stores as he may require, and as may be allowed by the cus 238 CUS collector and comptroller, for the use of the ship, according to the voyage, and no articles are deemed stores except such as are so borne upon the victualling bill. Ship's Entry, § 64. The master of every ship in which goods are to be exported, must, before taking on board, deliver to the collector or comp- troller a certificate of the clearance inwards or coastwise of such ship of her last voyage, specify- ing what goods, if any, have been reported in- wards for exportation ; and an account, signed by the master or his agent, of the entry outwards of the ship for her intended voyage, setting forth the name and tonnage, the name of the place to which she belongs if a British ship, or of the country if a foreign ship, the name of the master and the name of the place for which she is bound if any goods are to be shipped for the same, and the name of the place at which she is to take in her lading, and if the ship have commenced her lading at some other port, the master must state the name of the port at which any goods have been so laden, and produce a certificate from the searcher that the cockets for such goods have been delivered to him, the particulars of the ac- count to be written and arranged as the collector and comptroller may require. The account is the entry outwards, and must be entered in a book by the collector for the information of all inte- rested; and if any goods be taken on board any ship before she be entered outwards, the master forfeits £100 ; but where it becomes necessary to lade any heavy goods before the whole of the in- ward cargo is discharged, the collector and comp- troller may issue a stiffning order for that pur- pose, previous to the entry outwards. Entry of Goods, § 65. The person entering out- wards goods to be exported, must deliver to the collector or comptroller a bill of entry fairly writ- ten [or printed as above, see § 18], in words at length, expressing the name of the ship and of the master, and of the place to which the goods are to be exported, and of the person in whose name they are to be entered, and the quantities and proper denominations or descriptions of the several sorts, and must pay any duties due upon the exportation ; and deliver at the same time one or more duplicates of the bill, in which sums and numbers may be expressed in figures. The particulars in the bill must be so written and arranged, and the number of duplicates must be such , as the collector and comptroller may require. The collector and comptroller then cause to be prepared, and sign, a cocket for the goods, to be delivered to the person who makes entry, and who is responsible for the proper use of it. § 66. If any drawback or bounty be allowable upon the exportation, or any duty be payable, or any exemption from duty claimed, or if the goods be exportable only according to some par- ticular regulation, or under some restriction or condition, or for some particular purpose or des- tination, they must be entered and cleared by the denominations or descriptions used or re- ferred to in the granting of the drawback, or the directing of the regulation, &c. ; and if the goods are charged according to the value, such value must be stated in the entry, and be affirm- ed by the declaration of the exporter or his known agent, to be made upon the entry, and at- tested by his signature ; and if any person make such declaration, not being the exporter or his agent, he forfeits £100. The declaration is to be made as follows, and to be binding upon the per- son making it, viz. : — " I, A. B. of [place of abode] do hereby declare, that I am the exporter of the goods mentioned in this entry, lor, that I am duly authorized by him,] and I do enter the same at the value of Witness my hand the day of "A.B." § 67. If upon examination it appear to the offi- cers that the goods are not valued according to the true value, they may be detained, and (within two days) taken and disposed of for the benefit of the crown, as above provided with regard to goods imported, except that no sum in addition to the amount of the valuation and the duties paid is to be paid to the exporter or proprietor. § 68. The person intending to enter outwards any foreign goods for drawback, at any other port than that at which the duties inwards had been paid, must first deliver to the collector or comptroller where the duties were paid two or more bills, as the case may require, of the parti- culars of the importation, and of the entry out- wards intended to be made ; and thereupon the collector and comptroller, finding such bills to agree with the entry inwards, writes off such goods from the same, and issues a certificate of the entry, with such particulars as may be ne- cessary for the computation of the drawback, setting forth the destination of the goods, the person in whose name they are to be entered, and the name of his port. The certificate, with two or more bills of the same, as the case may require, in which sums and numbers may be ex- pressed in figures, being delivered to the collector or comptroller of the port of exportation, is the entry outwards, and such collector and comptrol- ler causes a cocket to be written and delivered as above stated. § 69. No cocket can be granted for coals to the Isle of Man, or any British Possession, until the exporter give security by bond in a penal sum of forty shillings the chaldron, with condition that the same shall be landed at the place for which they are exported, or otherwise accounted for to the satisfaction of the commissioners, and also with condition to produce (within such time as the commissioners may require, to be expressed in the bond) a certificate of the landing, under the hand of the proper officer at the place of des- tination. The bond is not liable to stamp duty. Clearance of Goods, § 70. Before any part of the goods for which a cocket has been granted can be shipped or waterborne to be shipped, they must be duly cleared with the searcher; and before being cleared, the particulars for each clearance must be indorsed on the cocket, to- gether with the number and denomination or description of the packages ; and in the margin of the indorsement marks and numbers of the packages must be delineated ; and to each in- dorsement must be subjoined, in words at length, an account of the total quantities of each sort of goods intended in such indorsement, and the total number of each sort of package, distinguishing such goods as are to be cleared for any bounty or drawback, and also such as are subject to duty on exportation, or entitled to exemption, and also such as can only be exported by virtue of some particular order or authority, or under some particular restriction or condition, or for some particular purpose or destination ; all goods shipped or waterborne to be shipped, without being duly cleared, are forfeited. § 71. The person clearing for shipment must, on each occasion, produce the cocket so indorsed to the searcher, and deliver a shipping bill or copy of such indorsement, referring by names and date to the cocket, and must obtain the order of the searcher for the shipment, and the particu- lars in the indorsement and shipping bill must be written and arranged as the collector and comp- troller may require. . §72. CoaUbroughtcoastwisemaybeenteredfor exportation without being landed, provided the officers be satisfied that the quantity left on board does not exceed the quantity so entered outwards. § 73. Upon the clearance of goods of home pro- cus 239 CUS duce or manufacture not liable to export duty, 'for the information of all interested, and must an account, containing an accurate specification transmit the content, and the cockets, and of quantity, quality, and value, together with a declaration to the truth, signed by the exporter or his known agent, must be delivered to the searcher by the person clearing ; and if the de- claration be false, the person signing forfeits £20. The searcher may call for the invoice, bills of parcels, and such other documents relating to the goods as he may think necessary for ascer- taining their true value. It is provided, that if the exporter or agent subscribe a declaration before the collector or comptroller that the value cannot be ascertained in time for the shipment, and deliver it to the searcher at the time of clear- the victualling bill to the searcher. The parti- culars in the content must be written and ar- ranged as the collector and comptroller may require. § 79. The file of cockets and the victualling bill are thereupon delivered by the searcher to the master at such station, and in such manner as may be appointed by the commissioners ; and they are kept by the master as the authority for departing with the parcels and packages of goods and stores on board, so far as they agree with the indorsements and the victualling bill. § 80. If any ship is to depart in ballast, having ance, a further time of three months is allowed | no goods on board except the stores borne upon trtr» tfia H^livoit.- r\f +Vm contrato chirkT\in#r Kill thft viofcnallincr hill nr anv rrnr%Aa *tmr*y+&A in for the delivery of the separate shipping bill before the penalty is incurred. § 74. No drawback of excise is allowed on goods so cleared, unless the person intending to claim have given notice to the officer of excise, as re- quired by the excise regulations, and have ob- tained and produced to the searcher at the time of clearing a proper document from the officer of excise, containing the necessary description of the goods ; and if the goods upon examination be found to correspond in all respects with the par- ticulars contained in the document, and such goods be duly exported, the searcher shall, if required, certify the shipment upon the docu- ment, and transmit it to the officer of excise. § 75. The officer of excise, if he see fit, may assist at the examination, and mark or seal the packages, and keep joint charge of them, to- gether with the searcher, until they have been finally delivered into the sole charge of the searcher, to be shipped and exported under his care. § 76. If any goods, subject to duty or restriction in respect of exportation, or any goods to be shipped for any drawback or bounty, are brought to any quay, wharf, &c. to be shipped for ex- p >rtation, and do not agree with the indorse- ment on the cocket, or with the shipping bill, they are forfeited ; and if goods prohibited to be exported be found in any package so brought, it and its contents are forfeited. § 77. The searcher may open all packages, and examine their contents, which, if found to cor- respond with the cocket and clearance, he must repack, at his own charge, to be allowed by the commissioners as they see fit. Clearance of Ship, § 78. Before any ship is cleared outwards with goods shipped on board, the master must deliver a content of the ship to the searcher, setting forth name and tonnage, place of destination, and name of master, and also an account of the goods and packages, and of the marks and numbers thereon, and a like account of the goods on board, if any, which had been reported inwards for exportation, so far as any of sucli particulars can be known by him ; and also before clearance, the cockets, with the indorsements and clearances for the goods ship- ped, must be finally delivered by the shippers to the searcher, who files them together, and at- taches with a seal a label to the file, showing the number of cockets contained in the file, and compares the particulars of the goods in the cockets with the particulars in the content, and attests the correctness by his signature on the la- bel and on the content. The master must also sign a declaration before the collector or comp- troller to the truth of the content, and answer I the victualling bill, or any goods reported in- wards for exportation, the master must, before her departure, answer to the collector or comp- troller such questions touching her departure and destination as may be demanded of him. The collector or comptroller then clears the ship in ballast, and notifies such clearance and the date on the victualling bill, and also in the book of ships' entries outwards, for the information of all interested ; and the victualling bill must be kept by the master as the clearance. § 81. If there be on board any goods of the in- ward cargo which were reported for exportation, the master must, before clearance outwards, deliver to the searcher a copy of the report in- wards of such goods, certified by the collector and comptroller ; and the copy, found to corres- pond with the remaining goods, is the authority to the searcher to pass the ship with such goods on board ; and being signed by the searcher, and filed with the cockets, is the clearance of the ship for those goods. § 82. The master may pass an entry and receive a cocket in his name for the necessary personal baggage of passengers, and may duly clear such baggage for shipment in their behalf, stating in such clearances the particulars of packages and the names of passengers ; and if the ship is to take no other goods than the necessary personal baggage of passengers, the master may enter the ship outwards in ballast for passengers only, and the ship will be deemed a ship in ballast, and will be described in the clearance, on the content, the label, and the victualling bill, and in the book of entries, as a ship cleared in ballast, except as to the necessary personal baggage of passengers. § 83. If the master and crew of any foreign ship which is to depart in ballast from the United Kingdom for parts beyond the seas shall be de- sirous to take on board chalk rubbish by way of ballast, or to take with them for their private use any small quantities of goods of British man- ufacture, such master, without entering sucli ship outwards, may pass an entry in his name, and receive a cocket free of any export duty for all such goods, under the general denomination of M British manufactures not prohibited to be exported," being for the use of the master and crew, and not of greater value than in the proportion of £20 for the master, £10 for the mate, and £5 for each of the crew, and stating that the ship is in ballast. The master must clear such goods in behalf of himself and crew, stating the particulars of the goods and packages, and the names of the crew making use of the privilege. The ship is then deemed a ship in ballast, and is cleared as such, and without a content ; and the clearance is notified by the col- such questions concerning the ship, the cargo, lector or comptroller on the label to the cockets, and the voyage, as may be demanded ; where- and on the victualling bill, and in the book of upon the collector or comptroller must clear the | entries, as a clearance in ballast, except as to the ship for her voyage, and notify the clearance and privilege. [By 4 . If any purser be removed to another ship, the remainder of any tobaccomay be transshipped, > upon due entry, setting forth the time and the port of the first shipment. The collector and comptroller of a port where any ship is paid off ■ may permit the remains of any tobacco to be landed, and entered by the purser, either for payment of duties, or to be warehoused for six months, for the supply of some other ship, or for payment of duties. All tobacco so ware- housed is subject to the provisions of the act for the warehousing of tobacco generally, as far as applicable. 9 101. No greater quantity- of tobacco is allowed to any ship than 2 lbs., by the lunar month, for j each of the crew, nor may a greater quantity be shipped at one time than sufficient to serve for '■ six months ; and the collector and comptroller have to transmit au account of the quantities to the commissioners. § ! 02. Goods may not be put off from any wharf, quay, &c, or be waterborne for exportation, ex- cept only on days not being Sundays or holidays, I and in the daytime, viz. : from 1st September" to ! the la*t day of March, betwixt sunrising and sun- | setting, and from the last day of March until the 1st September, between 7 o'clock A. m. and 4 o'clock p. m. ; nor may goods be then put off or waterborne, unless in the presence or with the authority of the proper officer, nor except from a legal quay appointed by royal authority, or some wharf, quay, or place appointed by the commissioners. § 103. Any person exporting goods prohibited from being exported under penalty of forfeiture, forfeits double their value. Prohibitions, § 104. The goods in the table following are either absolutely prohibited to be exported, or must be exported under the restric- tions in the table, viz. : — A Table of Pbohibitioxs and Restrictions Outwards. Clocks and watches, viz. : Any outward or in- ward box, case, or dial-plate, of any metal, without the movement in or with every such box, case, or dial-plate, made up fit for use, with the clock or watchmaker's name engraven thereon. Lace, viz. : Any metal inferior to silver which shall be spun, mixed, wrought, or set upon silk, or which shall be gilt, or drawn into wire, or flatted into plate, and spun or woven, or wrought into or upon, or mixed with lace, fringe, cord, embroidery, tambour-work, or buttons, made in the gold or silver lace manu- 1 factory, or set upon silk, or made into bullion | spangles, or pearl or any other materials made ! in the gold or silver lace manufactory, or which shall imitate or be meant to imitate such lace, fringe, cord, embroidery, tambour- work, or| buttons ; nor shall any person export any cop- per, brass, or other metal which shall be silver- ed or drawn into wire, or flatted into plate, or made into bullion spangles, or pearl or any other materials used in the gold or silver lace manufactory, or in imitation of such lace, fringe, cord, embroidery, tambour-work, or buttons, or of any of the materials used in making the same, and which shall hold more or bear a greater proportion than three penny- weights of fine silver to the pound avoirdupois of such copper, brass, or other metals. Any metal inferior to silver, whether gilt, silvered, stained, or coloured, or otherwise, which shall be worked up or mixed with gold or silver in any manufacture of lace, fringe, cord, em- broidery, tambour-work, or buttons. Tools and utensils, viz. : Any machine, engine, tool, press, paper, utensil, or instrument used in or proper for the preparing, working, press- ing, or finishing of the woollen, cotton, linen, or silk manufactures of this kingdom, or any other goods wherein wool, cotton, linen, or silk is used, or any part of such machines, engines, tools, presses, paper, utensils, or in- struments, or any model or plan thereof, or any part thereof; except wool cards or stock cards not worth above four shillings per pair, and spinners' cards not worth above one shilling and sixpence per pair, used in the woollen manufactures. Blocks, plates, engines, tools, or utensils, commonly used in or proper for the preparing, workingup, or finishing of the calico, cotton, muslin, or linen printing manufactures, or any part of such blocks, plates, engines, tools, or utensils. Rollers, either plain, grooved, or of any other form or denomination, of cast- iron, wrought iron, or steel, for the rolling of iron or any sort of metals, and frames, beds, pillars, screws, pinions, and each and every implement, tool, or utensil thereunto belong- ing ; rollers, slitters, frames, beds, pillars, and screws for slitting mills ; presses of all sorts, in iron and steel, or other metals, which are used with a screw exceeding one inch and a half in diameter, or any parts of these several articles, or any model of the before-mentioned utensils, or any part thereof; all sorts of utensils, en- gines, or machines used in the casting or boring of cannon or any sort of artillery, or any parts thereof, or any models of tools, utensils, en- gines, or machines used in such casting or boring, or any parts thereof; hand-stamps, dog-head stamps, pulley -stamps, hammers and anvils for stamps ; presses of all sorts called cutting-out presses ; beds or punches to be used therewith, either in parts or pieces, or fitted together ; scouring or shading engines ; presses for horn buttons ; dies for horn buttons ; rolled metal, with silver thereon ; parts of buttons not fitted up into buttons, or in an unfinished state ; engines for chasing, stocks for casting buckles, buttons, and rings ; die-sinking tools of all sorts ; engines for making button-shanks ; laps of all sorts ; tools for pinching of glass ; engines for covering of whips ; bars of metal covered with gold or silver, and burnishing stones commonly called blood-stones, either in the rough state or finished for use ; wire moulds for making paper ; wheels of metal, stone, or wood, for cutting, roughing, smoothing, po- lishing, or engraving glass ; purcellas, pincers, sheers, and pipes used in blowing glass ; pot- ters' wheels and lathes, for plain, round, and engine-turning; tools used by saddlers, har- ness-makers, and bridle-makers, viz. : Candle strainers, side-strainers, point-strainers, creas- ing-irons, screw-creasers, wheel-irons, seat- irons, pricking-irons, bolstering-irons, clams, and head-knives. Frames for making wearing- apparel. Q cus 2^2 CUS COASTING TRADE. Formerly no goods or passengers were per- mitted to be carried coastwise, from one part of the United Kingdom to another, but by British Ships ; but ForeigD ships are now per- mitted to be employed in the coasting-trade, subject to the same rules and regulations, and paying the same charges as British ships. 16 & 17 Vict cap. 107, and 18 & 19 Vict. cap. 96 define the regulations. Most of the following provisions still hold good under the existing acts. COASTWISE. §151 All trade by sea from one part of the United Kingdom to another, or from one part of the Isle of Man to another, is deemed coasting- trade, and all ships employed therein coasting- ships ; and no part of the United Kingdom, however situated, is deemed beyond the seas, with regard to any other part. The Treasury are empowered to deter- mine in what cases the trade by water from one place on the coast to another shall or shall not be deemed a trade by sea, within the meaning of this act or any other act. No goods are to be carried in any coast- ing-ship, except such as are laden at some place in the United Kingdom, or the Isle of Man; and no goods are to be laden to be carried coastwise until all goods brought in the ship from abroad have been unladen ; and if any goods be taken into or put out of any coasting-ship at sea, or over the sea, or if any coasting-ship touch at any place over the sea, or deviate from her voyage, unless forced by unavoidable circumstances, or if the master of any coasting-ship which may touch at any place over the sea, do not declare the same in writing, under his hand, to the col- lector or comptroller at the port where the ship afterwards first arrives, the master forfeits £200. No goods are to be laden to be carried coastwise, nor having been brought coastwise to be unladen, until due notice in writing, signed by the master, have been given to the collector or comptroller , by the master, owner . wharfinger, or agent, of the intention to lade, or of the arrival, as the case may be, nor until proper documents have been granted, as after described, for the lading or unlading ; and goods laden or unladen contrary to the directions of the act, as follows, are forfeited. In the notice must be stated the name and tonnage of the ship, the name of the port to which she belongs, the name of the master, the name of the port to which she is bound or from wliich she has arrived, and the name or descrip- tion of the wharf or place at which her lading is to be taken in or discharged, as the case may be ; the notice to be signed by the master, owner, wharfinger, or agent, and entered in a book to be kept by the collector, for the information of all interested. Every notice for unlading must be delivered within 24 hours after arrival, under a penalty of £20 by the master ; and in every notice for lading must be stated the last voyage on which the vessel arrived ; and if the voyage board, it must be so declared. The master must answer any questions relating to the voyage, and if he fail in due time to deliver the notice, and truly to answer questions,- he forfeits £100. When due notice has been given to the collector or comptroller at the port of lading of the intention to lade, he grants a general suffer- ance for the lading of goods (without specifying them), at the place therein expressed, which is authority for lading any goods, except such as it may expressly except. But before a sufferance be granted for goods prohibited, or subject to any export duty other than an ad valorem duty, the master or owner, or the shipper, must give bond, with one surety, in treble the value, that the goods shall be landed at the port for which the sufferance is required, or be otherwise ac- counted for to the satisfaction of the commis- sioners. § 155 The master of every coasting-ship must keep a cargo-book, stating the name of the ship, of the master, and of the port to which she be- longs, and of the port to which bound on each voyage. In this book must be entered, — at the port of lading, an account of all goods taken on board, stating the descriptions of the packages, and the quantities and descriptions of the goods packed and loose, and the names of the shippers and consignees, as far as known, — and at the port of discharge must be noted the respective days on which goods are delivered, and the respective times of departure and arrival. The master must produce the book for the inspection of the coast- waiter or other proper officer, so often as de- manded, who is at liberty to make any note or remark therein. If the master fail correctly to keep the book, or to produce the same, or if there be found on board goods not entered, or noted as delivered, or if any goods entered as laden, or not noted as delivered, be not on board, the master forfeits £50, and if, upon examination at the port of lading, any package entered as containing foreign goods be found not to contain such, it is forfeited, with its contents ; and if at the port of discharge any package be found to contain foreign goods not entered, they are for- feited. § 156 Before any coasting-ship departs, an ac- count, with a duplicate, fairly written, and signed by the master, must be delivered to the collector or comptroller, setting forth the particulars re- quired to be entered in the cargo-book, of foreign goods, and goods subject to export duty (other than an ad valorem duty), and of corn, grain, meal, flour, or malt, laden on board, and gen- erally, whether any other British goods or no other British goods be laden, or whether the ship be wholly laden with British goods not of any of the descriptions before mentioned, as the case may be. The collector or comptroller retains one of the accounts, and returns the other, dated and signed by him, and noting the clearance thereon; and the account is the clearance for the voyage, and the transire for the goods. If it be false, or do not correspond with the cargo-book, the master forfeits £50. § 157 Before goodsare unladen at the port of dis- charge, the master, owner, wharfinger, or agent, have been from beyond the seas, there must be I must deliver the transire to the collector or comp produced with the notice a certificate of the dis charge of any goods brought in the ship, and of due clearance inwards. § 157 Upon the arrival of any coasting-ship in Britain from Ireland, or in Ireland from Britain, the master must, within 24 hours, deliver the troller, who grants an order for the unlading at a place specified. If any goods on board be subject to duty on arrival coastwise, the master, owner, wharfinger, agent, or consignee, must also deliver a bill of entry, with a copy, and must pay all duties of customs, or produce a permit in respect notice, signed by him, to the collector or comp- of duties of excise, upon which the collector and troller, in which, if the ship have on board goods comptroller grant an order for the landing, in pre- subject to any duty of Excise, or which had been sence or by authority of the coast-waiter, imported from beyond the seas, the particulars, § 153 The collector andcomptroller, in the cases with the marks and numbers of the packages, after mentioned, may grant for any coasting-ship must be set forth. If there be no such goods on a general transire, to continue for any time not cus 243 CUS exceeding one vear, for the lading of any goods (except such as it may expressly except), and for the clearance and unlading, viz. :— For any ship regularly trading,— between places in tlie river Severn "eastward of the Holmes; or between places in the river Humber ; or between places in the Firth of Forth ; or between places to be named in the transire, and carrying only manure, lime, chalk, stone, gravel, sand, or any earth, not being fullers' earth. The transire must be written in the cargo book. It may at any time be revoked, notice being given to the master or owner, or to any of the crew on board, or being entered in the cargo book by ai officer. [By ti cs. 7 Wm. IV. c. 60, § 6, this provision is ex- tended, and such trausires may be granted by the commissioners, " under such regulations, and for such tune as they may see fit."] The coast-waiter, landing-waiter, and searcher, and any other officer, may, at any time board ;iny coasting-ship, and strictly search her, and examine all goods on board, or being laden or unladen, and demand all documents which ought to be on board. No goods going coastwise are to be unship- ped, shipped, or waterborne to be shipped, but on the days and within the times before mention- ed hi § 102, and in presence or with the authority of, and at places appointed and approved of by, the proper officer. . When goods are prohibited to be export- ed by proclamation or order in council, the pro- clamation or order may prohibit or restrict the earryingof them coastwise ; and when such prohi- bition or restriction is invaded, the goods are forfeited. JirSCELLANEOCS REGULATIONS. Provision made for the construction of abbrevi- ated terms,— among these, the term " Limits of the East India Company's charter" means all places and seas eastward of the Cape of Good Hope to the Straits of Magellan; the terms collector and comptroller " mean those of the rt intended in the sentence ; the term " ware- ouse " means any place, whether house, shed, yard, timber-pond, or other place in which goods entered to be warehoused upon importation may be kept, and secured without payment of duty, or although prohibited to be used in the United Kingdom; and the term " queen's warehouse " means any place provided by the crown for lodging goods therein for security of the customs. § 19-1 The island of Malta and its dependencies are deemed in Europe. § 195 Duties, bounties, and drawbacks must be paid and received in Brit :sh currency, and accord- ing to imperial weights and measures ; and where they are imposed and allowed according to any specific quantity or value, they apply in the same proportion to any greater or less quantity or value ; and all duties, bounties, and drawbacks are under the management of the commissioners of the customs. § 196 All bonds in respect of goods or ships are taken by the collector and comptroller ; and after expiration of 3 years from the date, or from the time for performance, every bond upon which no prosecution or suit has been commenced is void. § 197 The same instruments, tables, and scales of graduation, and the same rules and methods, followed by the officers of excise, are to be em- ployed by the officers of the customs for the du- ties od imported spirits. § 198 The officers of the customs may take sam- ples of goods for ascertaining the duties, to be disposed of as the commissioners may direct. 8 199 For adapting alterations in the law to current transactions, it is provided that impor- tation is deemed to have had effect at the time at which the ship had actually come within the limits of the port of reporting and discharging, K I and that exportation is deemed to have had effect at the time at which the goods had been shipped I for exportation ; and if such question arise upon j the arrival or departure of any ship, exclusive of ber cargo, the time of arrival" is deemed that at which the report has been or ought to have been made ; and the time of departure is deemed that of the last clearance for the voyage. It is not lawful to return any overcharge or duty, which has been judicially decided to be levied on an erroneous construction of the law, after the expiration of three years from the date of payment. The tonnage or burden of every British ship within the meaning of the act, is" that set forth in the certificate of registry, and the ton- nage or burden of every other ship must be as- certained in the same manner as those of British ships. The officers at any port under British do- minion where there is a collector and comptroller may refuse to admit any person to act as master of any British ship, unless his name be inserted in or indorsed upon the certificate of registry as master, or until his name be so indorsed by such collector and comptroller. Persons falsifying, or counterfeiting, or using, when falsified or counterfeited, documents for the unlading, lading, entering, reporting, or clearing of ships, or the landing or shipping of goods, &c., or by any false statement procuring such document, forfeit £200 ; but the penalty does not attach to any particular offence for which any other penalty is "expressly imposed. When any person makes application to an officer on behalf of any other person, the officer may require of the person applying a written au- thority from the person for whom he acts before transacting business. Any person making a false declaration, except as to the value of goods, and any person not truly answering questions authorized by any customs act, forfeits £100, over and above any other penalty. All articles by this or any other cus- toms act declared to be forfeited, may be seized by any officer of the customs; forfeitures of ves- sels include the guns, tackle, apparel, and furni- | ture ; forfeitures of goods include the packages. Articles forfeited, or detained as under- valued, may be restored on such terms as the ! commissioners may think fit ; and if the proprie- tor accept the terms, he can have no action for j recompense or damage. If a ship have become liable to forfeiture, , or the master to any penalty on account of goods laden or unladen, which are small in quantity or of trifling value, and it appear to the satisfaction of the commissioners, that they had been laden : or unladen contrary to the intention of the own- ' ers, or without the privity of the master, as the case may be, the commissioners may remit the forfeiture, and remit or mitigate the penalty, as they shall see reason to acquit the master of all blame, or more or less to attribute the offence to neglect of duty. If any ship coming up or departing out of I port do not bring to at the stations appointed by | the commissioners, for the boarding or landing ; of officers, the master forfeits £100. The commissioners, and the collector and 1 comptroller of any port, may station officers on j board any ship while within port, the master ; providing each with sufficient room under the ; deck, in some part of the forecastle or steerage, i for his bed, and in case of neglect or refusal, for- feiting £100. When goods are warehoused for security 1 of the duties, or to prevent them from coming | into home use, the commissioners may charge I warehouse rent for the time, at the rate payable CUT 244 CYP for the like goods when warehoused in any ware- house in which they may be warehoused without payment of duty ; but the Commissioners of the Treasury, or of the Customs, by warrant under their hands from time to time may fix the amount of rent for goods secured in any of the ware- houses. In case goods are not cleared from the warehouse within 3 calendar months (or sooner, if they be of a perishable nature), the commis- sioners may cause them to be sold by auction, for home use or exportation, as the case may be, the produce to be applied towards the payment of the duties, if sold for home use, and of the warehouse rent and other charges, and the over- plus (if any) being paid to the person authorized to receive the same. They may cause such goods to be destroyed as cannot be sold for a sum suffi- cient to pay duties and charges, if sold for home use, or to pay charges, if for exportation : Pro- vided that if the goods have been landed by the officers, and the freight of the same has not been paid, the produce must be first applied to the payment of freight. The crown is empowered by commission out of the Exchequer, from time to time to ap- point any port, haven, or creek, and to set out the limits thereof, and to appoint the proper places therein to be legal quays for lading and unlading, and to declare that any place set out as a legal quay by such authority, shall be no longer such, and to appoint any new place to be a legal quay. All ports, &c. existing as legal at the commencement of the act continue to be so, according to their respective limits, &c. In proceedings for offences, the averment that they were committed within the limits of any port is sufficient, without proof of the limits, unless the contrary be proved. The commissioners may from time to time, by order under their hands, appoint places to be sufferance wharfs, for lading and unlading by sufferance. No vessel employed ordinarily for the car- riage of letters is permitted to import or export without permission of the commissioners, under penalty of £100 against the master. No person is to be deemed an apprentice in terms of the act 4 Geo. IV. c. 25, for regulat- ing the number of apprentices to be taken onboard British merchant vessels, fyc, unless the inden- ture have been enrolled with the collector and [For abridgments of the other acts connected with the customs and the regulation of navigation, see Shipping, Smuggling, Tariff, Warehousing.] CUTLERY. [Hardware and Cutlery.] CUTTER, a sharp, light-built vessel, with one mast, running bowsprit, and fore and aft sails. Cutters are chiefly used as cruisers after smugglers, for conveying despatches to a fleet, and for private sailing yachts. CUTTLE-FISH, a molluscous class of animals {Cephalopoda) of which seven species are indigenous to our seas, the most common being the Sepia officinalis, found in profusion on the shores of Hampshire, and other parts. The cuttle-fish is celebrated for the effusion, from a small bag, of a deep black fluid, by which, in exigencies, it clouds the surrounding water, in order that it may conceal itself. This excretion is manufactured into the pigment called sepia, and it is believed by many that China-ink is made from it. The internal plate or bone, being hard on one side while it is soft and yielding on the other, is sometimes used as a mould; it is also employed for cleaning or polishing silver ; and when ground it furnishes " pounce," a material used by scribes for erasures. CYPRESS, a forest tree, the most important species of which are the evergreen cypress (Cupressus sempervirens) and the white cedar (C. thyoides). Of the former there are two varieties, the upright and the spreading,— the last affording the larger and more valuable timber. It is a native of the south-eastern parts of Europe, particularly of Italy, where it is beautifully applied in the terraced scenery of villas ; but it is not much cultivated in England, — the climate being too damp and cold for it in summer. Its wood is hard, elastic, and, though not so comptroller of the port from which the apprentice first goes to sea after the date of the indenture, or in default of such enrolment, until it have been enrolled at some port from which the ship in which such apprentice shall afterwards go to sea shall be cleared. [See the Abridgment of the Seaman's Consolidation Act, 5 & 6 Win. IV. c. 19. Seamen.] Licensed Agents, No one is entitled to act as an agent for transacting business at the Custom-house in London, relating to the entry or clearance of any ship, goods or baggage, unless authorized by license of the commissioners, who are empowered in such case to require bond to be given, with one surety, in the sum of £1000, for the faithful and incorrupt conduct of such person and his clerks, provided that such bond be not required of any of the sworn brokers of the city of London ; and any person acting without license, or in partnership with any person not licensed, forfeits £100 for each offence. [Bonds which had been granted in terms of 6 Geo. IV. c. 107 (repealed), are valid by 1 & 2 Vict. c. 113, § 8.] The Commissioners of the Treasury may, by order under their hands, revoke such license, and after a copy of such order has been delivered to the person or his clerk, or left at his place of abode or business, the license is void. These provisions do not prevent the clerk or servant of any person, or of any persons in co- partnership, from transacting business at the Custom-house on account of such person without license ; provided he do not transact any such business as clerk, servant, or agent to any other person. Any such agent or agents in copartner- ship may appoint any person without license to be a clerk in transacting such agency : Provided that no person can be admitted to be clerk to more than one agent or copartnership, nor until his name and residence, and the date of his ap- pointment, have been indorsed on the agent's license, and signed by him, and witnessed by the signature of the collector and comptroller, unless such person have been appointed with consent of the commissioners before the commencement of the act. The Commissioners of the Treasury, by warrant, published in the London or Dublin Ga- zette, may extend these regulations to agents at any other port in Britain or Ireland. DAM 245 DAT beautiful in colour as mahogany, it is stronger, resists the worm equally well, and its odour repels insects from whatever may be contained in a cabinet or chest made of it. In order to preserve the remains of their heroes, the Athenians buried them in coffins of cypress ; and the chests in which the Egyptian mummies are found are usually ot the same material. The precise period to which the tree lives has not been ascertained, though the fact of its being planted over the graves of the dead, and carried in funeral processions as an emblem of immortality, may be regarded as a presumption that its duration must be very considerable. The American cypress or white cedar is a native of Mexico and of the southern parts of North America, — luxuriating in the deadly swamps of the Mississippi. It grows to a considerable size, but slowly, being eighty years old before it is fit for timber, which even then is not very valuable, though it answers well for hoops, boats, roofing, and some other purposes. D. DAMAGED GOODS are those subject to customs duties though they have received some injury in their conveyance into the country, or in the bonded ware- house. Not more than 63-64th parts to be allowed on damaged goods. (Board Order, May 31, 1771- ) At the out-ports, damages exceeding £10 not to be allowed without the Board's sanction, and not after the goods are in the merchant's possession. (B. 0. Jan. 4, 1817-) Surveys for damage not to take place until the parties have first petitioned. (B. 0. June 5, 1817.) The chief other rules are contained in the act 3 & 4 Wm. IV. c 52, § 30-32, an abstract of which is given under the head Customs Regulations. DAMASK (Fr. Venise. Ger. Damasten Tafelzeug. It. Tela damaschina. Por. Guarnicao de mesa adamascada. Sp. Tela adamascada}, a description of silk or linen cloth, of thick texture but fine in quality, with elaborate figures or flowers. It is a twilled fabric, and said to have been first made in Damascus. Linen damask is at present manufactured extensively at Dunfermline in Scotland, and in Ireland, for tablecloths and napkins. That made for curtains and similar articles, is formed of a mixture of silk with linen, cotton, or woollen. [Linen.] DAMMER, a resinous substance much employed in India for covering the bottoms of vessels. It is hard, dark- coloured, and brittle; and is exported in large quantities from the Eastern Islands and Malayan Peninsula to India. It exudes spontaneously from a tree, said by Mr Milburn to be a species of pine (Shorea robusta, Rox.): but according to Mr Crawfurd it is obtained of various kinds from different trees. It is so plentiful that it is gathered in lumps from the ground where it has fallen. DANTZIC. [Prussia.] DATE (.Fx. Duties. It. Datteri. Sp. Datiles), the fruit of the date palm {Phoenix dactylifera), a tree which forms the chief object of cultivation along the verge of the desert, which, with but few interruptions, extends from the shores of the Atlantic to the confines of Persia, a district where none of the cerealia will grow, . to the aridity of the soil and the want of moisture. Between the States of Barbary and the Desert, it is so abundant that this region is called L'e;id-ul- gerid, or the Land of Dates. There are upwards of a hundred varieties ; but in general it may be described as acorn-shaped, composed of a thin glossy mem- brane which contains a fine soft and pulpy fruit that is firm, sweet, and rather vinous to the taste; within this is enclosed a solid, tough, hard kernel. Ripe dates cannot be kept for any length of time without fermenting and becoming acid; whence those which are intended for storing or exportation are dried in the sun upon mats. They are exported in large quantities from Arabia to India ; and a few are brought to this country from the Levant and Barbary. " In the Hedjaz, the new fruit called niteb comes in at the end of June, and lasts two months. The harvest of dates is expected with as much anxiety, and attended with as general rejoicing, as the vintage of the South of Europe. The crop sometimes fails, or is destroyed by locusts, and then a universal gloom overspreads the population. The people do not depend upon the new fruit alone, but during the ten months of the year when no ripe dates can be procured, their principal subsistence is the date paste, called adjoue, which is prepared by pressing the fruit, when fully ma- tured, into large baskets. ' What is the price of dates at Mecca or Medina ?' is, says Burckhard;, always the first question asked by a Bedouin who meets a passenger on the road."" (Lib. of Ent. Knoickdge, Vepet. Substances, vol. i. p. 357.) The Date Palm b a majestic tree which shoots up in one cylindrical column to the height of 50 or 60 feet, without branch or division, and throws out from the summit a magnificent crown of leaves. It i* distinguished as male and female, one plant bearing the fruit and another the blossom. In the East, it has always been the subject of universal veneration. It is the palm-tree of Scripture, where it is frequently selected as the emblem of the majesty and beauty of rectitude ; and both iu ancient and modern times, the leaves have been used as the symbol of triumph. Its DAY 246 DEC extensive Importance is one of the most curious subjects in natural history ; for a considerable part of the inhabitants of Egypt, Arabia, and Persia, subsist almost entirely upon its fruit. They boast also of its medicinal virtues. Their camels feed upon the date stones ; from the leaves they make couches, baskets, bags, mats, and brushes ; from the branches, cages for their poultry, and fence9 for their gardens ; from the fibres of the boughs, thread, ropes, and rigging ; from the sap is pre- pared a spirituous liquor; and the trunk of the tree furnishes fuel. It is now said, that from one variety of palm-tree meal has been extracted from among the fibres of the trunk, and has been used for food. DAY-BOOK. [Book-keeping.] DAYS OF GRACE, a certain number of days granted to the acceptor after the term of a bill is expired. In the British dominions these amount to three; but if the third should be Sunday, Good-Friday, Christmas-Day, or a fast appointed by proclamation, the bill is payable on the second day of grace. They run on all bills payable on a day fixed, or at so long after date, or after sight ; but not on bills payable on demand, though they do (at least in England) on those payable at sight. DEAD-WEIGHT, the name given to an advance by the Bank of England to government, on account of the half-pay and pensions of retired officers of the army and navy. After the end of the war, the sums thus payable amounted to about £5,000,000 per annum; and the ministry being desirous to relieve their present necessities by spreading the burden more equally over the 45 years, which, in 1822, were calculated as the mean probable duration of the lives, offered (4 Geo. IV. c. 22) to pay to any capitalists an annuity of £2,800,000 for that period, on condition of provision being made for the pensions on the basis of a graduated scale of payments ; commencing in the first year at £4,900,000, and ending at £300,000. The South Sea directors entertained the project for a time, but soon discovered that it was beyond their means; ministers had then recourse to the Bank of England, who, in 1823, accepted the offer to a limited extent, and advanced to government, in the course of five years, £13,089,419, receiving in return an engagement to pay an annuity of £585,740 for 44 years, ending October 10, 1867. The bank has not yet disposed of any part of this security : a portion of it was, however, exposed for sale on the 17th July 1839 ; and an account of the offers then received will be found in the late Report on Banks of Issue. {Par. Paper, 1840, No. 602. App. p. 263.) DEALS (Dan. Dceler. Du. Deelen. Fr. Planches minces. Ger. JJielen. Rus. Doski. Sw. Tiljor), the name given in the wood-trade to the timber of the pine when sawed into planks, in which form it is imported into this country from the N. of Europe and British America. Standard deals are boards above 7 inches in width, and of various lengths, exceeding 6 feet. When less than 7 inches in width they are termed battens, and when under 6 feet in length, deal-ends. The American deals are inferior in strength, and do not last so long as those of the N. of Europe, {tarticularly Christiania ; hence the latter are usually preferred for the flooring of louses, and other purposes where durability is required. But the former are used where cheapness is the principal consideration, as in building small houses; they are also preferred for many little articles, the internal fittings of houses, and other purposes which require wood that can be easily worked. DEBENTURE, the certificate given at the customhouse to the exporter of goods, on which a bounty or drawback is allowed, bearing that he has complied with the statutory regulations, and is entitled to such bounty or drawback. [Customs Regulations.] DECIMAL FRACTIONS differ from vulgar fractions in this respect, that their denominators are always 10, or some power of 10, as 100, 1000, &c, and instead of writing the denominator under the numerator, it is expressed by pointing off from the 'right of the numerator as many figures as there are ciphers in the deno- minator; thus '5, -43, 5-26 denote, respectively, * ft . ~« 5-- or ™' The value of each figure in a decimal decreases from the loft to the right in a tenfold proportion; that is, each figure is ten times as great as if it were removed one place to the right, as in whole numbers; thus, '5, '05, '005, are y Q ' -^ ^— > &c, and the dc-* cimal *438 is four-tenths, three-hundredths, and eight- thousandths of a unit. Adding ciphers to the right of a decimal does not alter its value ; thus, *5, "50, 5 50 500 "500, or 1{) » j^» I000 » are equal to each other, the numerator and denominator having been multiplied by the same number. Decimals may be reduced to a common denominator by adding ciphers to the right, where it is necessary, till the number of decimal places is the same in all. DEC 24! DEC Thus, "5, "03, and *564, reduced to a common denominator, are '500, '030, and "564; .. . . 500 030 , 564 tbat "* low iooo' aud 1000* The consequence of this method of expressing fractions is, that addition, subtraction, multipli- cation, and division, are performed exactly as in common arithmetic ; the only difference being, that we have, besides, to ascertain the place of the decimal point. In addition and subtraction) bavins placed the decimal points under one another, and filled up the decimals, or supposed them to be filled up, all to the same number of figures or places with ciphers, tbesame number of decimal figures or places must be made in the result as in each of the lines. In multiplication, the number of decimal places in the result must be the sum of those in the multiplier and multiplicand ; and, in division, it must be the difference of those in the divisor and dividend. Thus, the sum, differ- ence, product, and quotient of 8-085 and l'9b\ is 10-045, 6-125, 15-84660, and 4-1, respectively. Addition. Subtraction. Multiplication. Division. 8i '85 8*035 81)85 1-93 1-96 1-96 8-085 = 4-1 Quotient Sum 10-045 Difference 6-125 Product 15-84660 1-96 To reduce a vulgar fraction to a decimal, add ciphers at pleasure, as decimals in the numerator, and divide by the denominator, according to the rule for the division of decimals. Example - = 3 — = 75. 4 4 From the very nature of numbers, it must frequently happen that this division may be continued without termination ; but, as the figures always decrease a tenth in value by* each remove to the right from the point, decimals may be stopped, except in long calculations, at three or four places, without any great degree of error ; and even in continued multiplications, when the decimals are stopped at a given place, we have only to increase the last figure by 1, if the next figure was to be 5 or above it, in order to compensate for cutting them short. To find the value of a decimal qf one denomina- . terms of a lower denomination. iply the decimal by the number of integers To reduce a quantity to a decimal of a superior denomination. Divide the quantity by the number of integers of its denomination contained in 1 of the superior denomination, and the quotient is the decimal required. Example, What decimal of a pound is 13s. 4"d.? 4)*_ 12)4^ 20)13375 •66875 First, we find what decimal of a penny id. is ; this by the rule is -5 ; then what decimal of a shilling 4 Jd. or 4-5d. is ; this is found in the same manner to be -375 ; lastly, we find, by the same rule, what decimal of a pound 13-375 shillings is, Hence, the value required is 13s. 4Jd.* which appears to be -66875. The proofs of the rules for the management of decimal fractions here given are necessarily con- fined to particular instances, but the same reasoning may be applied in every case. The following table of equations between vulgar and decimal fractions will be found useful in practice : — Table of Decimal Equivalents. of the lower denomination contained hi one integer of the higher, and the product is the value re- quired. The value of any fractional part of the lower denomination may be obtained in the same manner, till we come tq the lowest. Example, Required the value of -66875 £ 20_ 13-37500 shillings 12 4*500 pence 2-0 farthings A -0167 A ■1333 T 2 EAS S win ton near Rotherham. The Lambeth stoneware is perfect in its kind ; and establishments for making the commoner sorts are to be found in many parts of the kingdom. " The better kind of pottery, called in this country Staffordshire- ware, is made of an artificial mixture of alumina and silica; the former obtained in the form of a fine clay, from Devonshire chiefly; and the latter, consisting of schist or flint, which is heated red-hot, quenched in water, and then reduced to powder. Each material, carefully powdered and sifted, is diffused through water, mixed by measure, and brought to a due consistency by evaporation ; it is then highly plastic, and formed upon the potter's wheel and lathe into various circular vessels, or moulded into other forms, which, after having been dried in a warm room, are enclosed in baked clay-cases, resembling bandboxes, and called seggars ; these are ranged in the kiln so as nearly to till it, leaving only space enough for the fuel; here the ware is kept red-hot for a considerable time, and thus brought to the state of biscuit. Thi3 is afterwards glazed, which is done by dipping the bis- cuit-ware into a tub containing a mixture of about &) parts of litharge, 10 of clay, and 20 of ground flint, diffused in water to a creamy consistence, and when taken out, enough adheres to the piece to give a uniform glazing when again heated. The pieces are then again packed up in the seg- gars, with small bits of pottery interspersed between each, and fired in a kiln as before. The glazing mixture fuses at a very moderate heat, and gives a uniform glossy coating, which finishes the process, when it is intended for common white ware. " The patterns upon ordinary porcelain, which are chiefly in blue, in consequence of the facility of applying cobalt, are generally first printed off upon paper, which is applied to the plate or other article while in the state of biscuit ; the colour adheres permanently to the surface when heat is properly applied. " The manufacture of porcelain is a most refined branch of art ; the materials are selected with the greatest caution, it being necessary that the compound should remain perfectly white after ex- posure to heat ; it is also required that it should endure a very high temperature without fusing, and at the same time acquire a semivitreous texture, and a peculiar degree of translucency and toughness. These qualities are united in some of the Oriental porcelain, or China, and in some of the old Dresden, but they are rarely found co-existent in that of modern European manufacture. Some of the French and English porcelain, especially that made at Sevres and at Worcester, is extremely white, and duly translucent, but it is more apt to crack by sudden changes of tempera- ture ; more brittle, and consequently requires to be formed into thicker and heavier vessels ; and more fusible than the finest porcelains of Japan and China." (Brande's Chemistry.) The annual value of the manufacture in this country may be estimated at £2,500,000, about two-thirds of which is produced in Staffordshire ; and nearly the whole of this large amount consists of the labour and skill bestowed on the goods, as the value of the raw material is trifling. This manufacture is besides distinguished by other peculiarities. The Potteries' district being situated in one of our most inland counties 5 occasions the employment of an immense quantity of inland carriage by canals and otherwise, both for the raw materials and finished goods ; while every ton of the former produces several tons of merchandise for shipping, the freight being paid, not upon the weight, but according to the bulk ; and scarcely a vessel leaves any of our great ports, whose lading is not in part made up of these cheap, bulky, and, for these reasons, valuable articles, to this maritime country. The total declared value of the goods annually exported is now about £700,000 ; but the real value is said to be about one-fourth more. Nearly one-half of these shipments is to the United States ; the remainder is diffused pretty equally over all the other portions of the globe with which Great Britain has trading rela- tions. [Porcelain.] S EASTERN or MALAYAN ISLANDS, an archipelago lying betwixt the con- tinents of Asia and Australia, and stretching from the W. extremity of Sumatra to the island of Papua or New Guinea ; nearly all of them, with the exception of the Philippines, being situated within 10 degrees of the equator on each side. Among them are 2 islands of the first rank and size, viz. : Borneo, and Suma- tra ; of the second rank, Java ; of the third, Celebes, Luzon, and Mindanao ; and of the fourth rank, Bali, Lombok, Sumbawa, Jindana, Flores, Timor, Ceram, Booro, Gilolo, Negros, Samar, Mindoro, Panay, Leyte, and Zebu. The smaller ones are numberless. Population vaguely estimated at 15,000,000. The Eastern or Malayan Islands are the only portions of Asia situated under the equator, and, like other tropical countries, enjoy heat, moisture, and a luxuriant vegetation. They are through- out of a mountainous nature, and the principal chains volcanic. There is a general uniformity in climate and in productions ; but on a closer view it is found that the western and eastern divisions possess distinct characters. In the western division, the productions are of a higher order of utility, and rice forms the principal food of the inhabitants. The eastern is less fertile, and the inhabitants derive their chief sustenance from the pith of the sago tree. The portion of the latter, however, betwixt long. 124° and 130° E. excels in the finer spices ; and in this part the character of the monsoons is reversed ; the easterly monsoon being here rainy and boisterous, and the wes- terly! dry and temperate. There are two aboriginal races of inhabitants in the archipelago; a brown people, with lank hair, inhabiting chiefly the VV. division ; and a negro race, black, with frizzled hair, inhabiting chiefly the E. division ; the former displaying nearly the same superiority over the latter that the whites do over the negroes of Africa. The women of these islands, more especially of Java, are, on shore, almost the sole merchants and brokers, the men interfering little, particularly with retail business. The Wadjo-Buggesses are the chief carriers of the archipelago. EAS 26'3 EAS The higher departments of commerce are conducted by foreigners, mostly Chinese, Euro- peans or their descendants, and natives of India and Arabia. Of the Asiatic traders, the Chinese are bv far the most useful, and appear to stand nearly in the same relation to the natives that the Jews'did to the barbarians of Europe in the middle ages ; the advantage in respect of treatment being, however, decidedly in favour of the former. The Eastern Islands, and more especially the Moluccas, or Spice Islands, have, at different pe- riods, been the subject of rivalry and contention among the Portuguese, English, Spanish, and Dutch. The Portuguese having, by degrees, been shorn of their maritime power, and the atten- tion of the English gradually absorbed by their immense empire on the continent of India, these islands (excepting the English settlements in the Straits of Malacca), have long been occupied only by the Spanish and Dutch. The Spanish possessions are the Philippines. The Dutch have entirely subdued Java, the Moluccas, and some others, and hold military occupation of leading positions throughout the archipelago, over the whole of which indeed, excepting the Philippines, they claim a kind of sovereignty. The Dutch possessions are divided into seven governments; Batavia with the seat of the governor-general, and Sumatra, Amboyna, Panda, Ternate, Macassar, and Timor. During the last war, the British deprived the Dutch of Java and their other prin- cipal settlements ; but the whole were restored at the peace in 1815 ; and in 1825, Bencoolen and the other British settlements in Sumatra were exchanged with the Dutch for Malacca. Java, while in possession of the British, was materially improved, and its restoration has ever been mat- ter of regret, both on account of the intrinsic value of the colony itself, and of the admirable situation of its capital, Batavia, as an emporium for the whole archipelago. Gold is universally diffused throughout the Eastern Islands, and in 1818 the total produce, in- cluding that of the Malay peninsula, was estimated at 154,815 ounces, or £658,176. It is most abundant in Borneo, then in succession in Sumatra, Celebes, and Luzon ; silver, as an article of commerce, scarcely exists ; iron is also rare ; copper ores are found in Sumatra, Timor, and at Samlias in Borneo. Banca possesses tin mines which appear to be inexhaustible ; they are worked by Chinese employed by the Dutch. Of late years the supply of tin from these mines has been greatly augmented, and, after fully supplying the markets of India and China, a large quantity is annually exported to Europe, where it has lessened the demand for Cornish tin. On the south and west coasts of Borneo the diamond is found. The vegetable productions are of the most varied description, many of them are common to all tropical countries, but not a few are peculiar to these regions alone. Java is accounted the rice granary of the archipelago, and it besides pro- duces coffee and sugar in large quantity, with some indigo. Black pepper is produced in greater abundance in Sumatra, particularly the west coast, than in all the rest of the world. The nutmeg exists throughout almost the whole of the Moluccas ; but the avaricious policy of the Dutch has been nearly successful in confining it to the small group of the Bandas, and the clove to the island of Amboyna, where they are both preserved as government monopolies. The chief other produc- tions of these islands and the adjoining seas are timber, bamboos, rattans, antimony, camphor, benzoin, tripang, bird-nests, shark-fins, and tortoise-shell. The fisheries are valuable, parti- cularly in the seas of the western parts of the archipelago. The* commerce of the Eastern Islands is considerable. An intercourse has always subsisted with the remote maritime nations of Asia, but the most extensive has always been with China. The intercourse with Europeans is effected chiefly through the medium of Batavia and Singapore, the two great emporiums of the Eastern Islands. The imports received from China in exchange for the productions of the archipelago consist principally of tea, cotton stuffs, and porcelain, all of inferior quality; and from Europe, cotton manufactures, particularly chintzes of moderate fineness and gaudy patterns, white cottons, cambrics, and imitation bandanas ; also light cheap woollens of showy colours, and low-priced glassware, mirrors, and earthenware. Under the heads Java, Singapore, and Philippines, a fuller account is given of the islands more particularly under European influence. The chief other islands, with their ports or towns, are the following : Sumatra. Dutch Towns. — Palembang, Padang, Bencoolen. Native Towns. — Acheen, Soosoo, Deli, Asahan, Bacoungan, Tappunooly, Rawa, Natal, Ippoo, Ayrpoor, Manna, Kawur, Croee, Tulang Bawang. Borneo. Dutch Towns. — Sambass, Pontiana. Native Towns. — Borneo, Montradok, Mampawa, Banjarmassin, Pasir Town. Celebes. Macassar, Kema, Gounorg Tela, Bool, Palos, Waja Tannete, Mero, Boola, Comba. Sooloo Islands. Sooloo. Molucca, or Spice Islands; Ceram, Amboyna, Banda, Ternate, Goram, Gilolo, Tidore. Principal Dutch IWn.— Amboyna, in the island of that name. The weights chiefly employed throughout the Eastern Islands are those of China. The currency used by merchants is commonly the Spanish dollar, but in Java the Netherlands florin. The moral and political condition of the inhabitants of the Eastern Islands has been much de- teriorated by the evil effects of European influence as exercised by the Dutch ; and by then- continued turbulence, owing to the defective power of the sovereign, the ill-defined succession to the throne, the universal prevalence of piracy, and the inefficient protection of commerce and consequent monopoly of trade by the petty chiefs, with all their arbitrary dues and extortions. EAST INDIA COMPANY, an association originally formed for the sole pur- pose of trading to Hindostan and the neighbouring regions ; but who, by a peculiar combination of circumstances, have established themselves as the sove- reigns of an immense empire, extending over the principal part of those countries, and containing upwards of 100 millions of people. From the first dawn of maritime enterprise in Britain the trade of India was contemplated as its grandest object. Into the sanguine conceptions formed on this subject there entered, no doubt, a considerable degree of illusion. Yet there were circumstances which, even at that early stage of mercantile adventure, threw a EAS 264 EAS peculiar lustre on the trade of India. The staple articles consisted of finer and richer fabrics than any that had yet been produced in the West ; diamonds, pearls, jewels the most beautiful and brilliant ; also spices the most fragrant and grateful to the senses. The great scale, too, on which operations were conducted, and the large fortunes accumulated in certain instances, gave to this traffic a character of grandeur not belonging to the smaller transactions which took place within the limits of Britain or of Europe. The exclusive right to the navigation to India by the Cape of Good Hope was claimed by the Portuguese, the original discoverers of the route in 1497, and then the most powerful maritime state. This claim being sanctioned by the rope, and somewhat in unison with the laws generally admitted in that age respecting mari- time discovery, the early attempts of the English to participate in the Indian trade were directed first to the exploring of a passage by the N. W. coast of Asia; and next to the opening of an intercourse with India across Russia and Persia ; and under Willoughby, Chancellor, and others, much capital and enterprise were expended in vain on these arduous undertakings (1528, &c). The next attempts were made by Cabot and others by the N. W. passage round the arctic shores of America ; but the results were alike unsuccessful. At last Drake conceived the bold design of penetrating into the South Sea ; and, having equipped a fleet, he accom- plished a passage through the Straits of Magellan, and arrived in 1579 at the Mo- luccas, where he first began that commerce with India which has since been carried to so great an extent. Drake's return to England in 1580 was hailed with exultation by the people ; and his success encouraged Cavendish and other commanders to tread in his footsteps, while another route, projected by the Medi- terranean and Persian Gulf, was accomplished by a different body of adventurers, including Newbery and Fitch, in 1584 and 1585. Meanwhile, England having risen to the first rank among maritime states, the awe inspired by the power of the Por- tuguese became materially lessened ; and in 1591, three ships were despatched under Lancaster and others by the Cape of Good Hope. He visited Sumatra, Penang, Ceylon, and neighbouring places, and returned in 1594 ; but the issue of this expedition was, upon the whole, unfortunate, and for some time chilled the ardour of the English. On learning, however, that the Dutch had sent out four vessels, they were again inspired with emulation, and an association, formed in 1599, sub- scribed £30,000 to be employed in fitting out three ships for the Indian trade. This body in 1C00 merged into one on a grand scale, having at its head George, earl of Cumberland, with 215 knights, aldermen, and merchants, who constituted the " Governor and Company of Merchants trading to the East Indies." The Company received a charter for 15 years from Queen Elizabeth, and were invested with the ample privileges which it was then customary to bestow on mer- cantile associations. They began on the footing of a joint-stock company, though, as the subscribers were slow in paying up their shares, a certain number of the more zealous took the concern altogether into their own hands. They expended £75,373, of which £39,771 were invested in shipping, £28,742 in bullion, and £6860 in goods. It was the wish of the court that Sir E. Michelborne should be com- mander; but the merchants intimated their resolution not to employ gentlemen, " but to sort their business with men of their own quality." They accordingly appointed Lancaster, who sailed, 2d April 1601, with five ships, varying from 130 to 600 tons ; and after visitiug Acheen in Sumatra, and Bantam in Java, returned in 1603. Betwixt 1603 and 1612, seven other voyages were undertaken, making in all eight expeditions, the result of which was judged, on the whole, to be prosperous. The commanders of these expeditions appear, like most of the early navigators, to have sometimes conjoined the different occupations of trade and piracy. Their principal object was to obtain pepper, cloves, nutmegs, and other spices in the Eastern Islands, their chief settlement being Bantam; and the continent of India was not visited until 1611, when Middleton reached Surat. In 1612, the Mogul allowed them to establish factories at Surat, Ahmedabad, Cambay, and Gogo. Shortly afterwards, a regular annual intercourse with India was established, chiefly at Surat; and the most valuable possessions in the Eastern Islands having been wrested from the Portuguese by the Dutch, were less visited, until at length the greater attractions of the continent induced the Company gradually to relin- quish all their insular stations except a few in Sumatra. The factory at Surat remained their chief seat on the western coast until 1687, when the presidency of the other settlements was transferred to Bombay, an island which had been obtained by Charles II., in 1662, as the dowry of the Infanta Catherine of Portugal. The Company's trading stations on the E. or Coromandel coast were held subordi- EAS 26J5 EAS nate to Bantam until 1640, when they obtained the permission of a native chief for the erection of Fort St George at Madras ; which place was formed into a pre- sidency in 1654. The establishment in Bengal was founded somewhat later tnan the others. In 1656, through the influence and patriotism of a physician named Boughton, who had been professionally useful to the Nabob of Bengal, permission was obtained to erect a factory at Hoogley, on the Ganges. From this time ships were sent to Bengal every year, but its commerce was still considered secondary to that of Coromandel, and made subject to the presidency of Fort St George. Cal- cutta was purchased in 1698; and in 1707 it was raised into a separate presidency. The Company, for some time, were little more than an associated body of private adventurers ; the governor and directors merely receiving the funds contributed by each individual, managing them according to his suggestion, and accounting to him for the proceeds. But in 1612, by representing the complexity and inconvenience arising out of this arrangement, they prevailed upon the merchants to unite into a joint-stock company, where the whole sum subscribed was placed under the control of the directors ; and a dividend made, conformable to the general results of the trade. It has been alleged, however, that when zeal was no longer stimulated by individual advantage, the transactions were not conducted with the same economy, and yielded less advantageous returns. The Company afterwards involved their affairs in the confusion of different interests. An addition to their capital being from time to time required, was procured by a new joint stock, and sums were subscribed by fresh bodies of adventurers, which were to be separately managed. Thus by the year 1650, four distinct subscriptions were formed. Meantime, the directors were harassed not only by the competition of interlopers, but by demands from respectable merchants to be admitted to a share of this lucrative traffic. The principles of commercial as well as of political liberty widely pervaded the nation; the Levant and Muscovy trades had been thrown open with the happiest effects; and it was urged that equal benefits would accrue from opening to the nation in general that of India. In 1635, a new association, headed by Sir W. Courten, obtained permission from the king, who was allowed a share in the adventure, to embark in an independent trade with that country. The concern, however, was not well conducted, and could not make head against the hostility of the Company. At length the privilege was withdrawn ; but the directors agreed to incorporate the capital with their own, forming what was termed the United Joint Stock. Its proprietors, however, were in 1655 empowered by Cromwell to resume a separate commerce. Jealousies were roused to the highest pitch ; and after several warm discussions, it was agreed that the exclusive system should be fully re-established, and that the different stocks which had led to such confusion should be consolidated. From this time the transactions were carried on, if not in a more profitable, at least in a more systematic manner. A charter granted to the Company in 1661 authorized them " to make war or peace with any prince or people that were not Christians." During a course of years from this date, though the Company laboured under embarrassment, the prosperity of the country enabled them to extend their com- merce. Their outward investment in goods and bullion, which in 1622 did not exceed £65,000, rose in 1673 to £228,000. This apparent success produced the usual effect of exciting emulation among the rest of the community ; and the project of a new joint stock was (1683) for some time entertained. The Company, notwith- standing, had still influence enough in 1693 to procure from the crown a charter for 21 years, which authorized them to extend their capital from £756,000 to £1,500,000; but the House of Commons, in the same year, passed a vote directly annulling thi3 grant. In 1 698, a bill was brought into Parliament for the establishment of another company. This measure was not, however, founded upon a liberal basis. It in no degree threw open the trade, but merely transferred the monopoly from one body to another, and a direct injustice was committed by allowing the new association te commence their operations immediately; their predecessors being by their charter entitled to a notice of three years before their exclusive trade should cease. Finally — and this was the real source of their too ample privileges— the new company agreed to advance to government £2,000,000 at 8 per cent. Their means being thereby crippled, they were only able in their first voyage to complete an investment of £178,000, while their rivals sent out one of £525,000. The old company also conducted their affairs with increased prudence ; and by their great experience E roved themselves superior to their new competitors. The most violent dissensions roke out in India between tho rival associations, each representing the other in the blackest colours to the native princes, who were much disposed to listen to the statements of both. Hence arose an apprehension that the very existence of British EAS 266 EAS trade in India was in peril ; and a sense of mutual danger induced the companies to agree, in 1702, to a compromise, and to act thenceforth under the title of " The United Company of Merchants trading to the East Indies." Godolphin was appointed arbiter, and on the basis of his decision was formed a government com- posed of a Court of Proprietors for general purposes, and a Court of Directors for details. Seven years were allowed for each company to wind up its affairs, at the end of which period (1708), the act 6 Anne, c. 17, was passed, prolonging their charter to 1729, and obliging the United Company to advance £1,200,000 to govern- ment without interest, which, when added to the former loan at 8 per cent., raised the amount to £3,200,000, and reduced the rate to 5 per cent, upon the whole advance. This act may be regarded as the foundation of the privileges of the present Company. The exports, in the early part of the 18th century, consisted chiefly of bullion ; and the imports of Indian silks, piece goods, and other products. An inter- course with China was opened so early as the year 1635 ; but the trade was long prosecuted irregularly, and on a very limited scale. In 1678, the Company possessed factories at Tay wan in Formosa, and at Amoy. At this period the chief imports from China were silks and porcelain, and tea did not become the principal commodity until 1706, previous to which time they had been forced to restrict their intercourse to Canton. In 1715, the intercourse with the Chinese assumed the character of a regular trade, and ships were despatched from England at stated seasons, having each a supercargo to conduct the sales and purchases. In 1709, the Company's dividend was 8 per cent., which was increased in 1711 to 9 per cent.; and in 1712, the charter was again extended to 1736. In 1716, the dividend was increased to 10 per cent., but reduced in 1722 to 8 percent. In 1730, a strenuous effort was made by petitions from the chief mercantile towns to have the Indian trade thrown open ; but the Company defeated this application, and procured a further extension of their charter for 33 years, to 1769, on which occa- sion they gave £200,000 to the public, and agreed to reduce the interest on their debt to 4 per cent. In 1743, they advanced £1,000,000 to government at 3 per cent., and obtained an extension of their charter from 1769 to 1783. When a general reduction of the interest on the public debt took place in 1749, that of the whole debt of £4,200,000 was reduced to 3 per cent., and they were empowered to borrow, by the sale of annuities to that extent, and did borrow £2,992,440 accordingly. At this time (1749), the circumstances of the Company underwent a most im- portant change. At first they attempted nothing more than to maintain factories for the accommodation of their agents, and places of deposit for their goods. The marauding character of the native princes afterwards rendered it necessary to fortify these stations. But though some passages in the Directors' correspondence in 1689 indicate a desire to make territorial revenue one of the Company's sources of emolument, yet down to 1749 they had acquired only a few small districts around Bombay, Madras, and Calcutta. The war which then broke out in the Carnatic had the effect of converting them into a military power, and of rendering them, after various struggles, virtual sovereigns of that part of the country. Much more memorable results arose out of the war in Bengal, and the victories of Clive, in 1757, when they obtained the Dewanuee, includiug the real occupancy of that province, with Bahar and Orissa, forming a territory more extensive, and at that time supposed more opulent, than the whole of Great Britain. The sovereignty of these territories having been confirmed to the Company by treaty in 1765, an extraordinary sensation was created, and both themselves and the nation became inspired with an extravagant idea of their wealth ; their stock rose to 263, and a dividend was voted of 12^ per cent. These treasures, however, soon became an object of jealousy and desire, both to the people and the government. The question was mooted whether any body of subjects could exercise an authority independent of the supreme power ; nor were ministers slow to pronounce that the king must be the real and only sovereign over every territory conquered by the British arms. This alarming claim was, for the time, evaded by an agreement made in 1767, that the Company should annually pay £400,000 into the Exchequer, and reduce their dividend to 10 per cent.; upon which they were allowed for two years to retain their Indian acquisitions. In 1769, a similar arrangement ex- tended their power five years longer ; but at this epoch a disastrous crisis had arrived in their affairs. The revenues of the conquered provinces, though very considerable, were found inadequate to defray the expenses of the war with Hyder Ali, in which they were then engaged, and to meet the rapacity of their servants, and EAS 267 EAS the exorbitant dividends which the proprietors thought themselves entitled to tifmand. Their affairs were now (1772) in a state of extreme embarrassment, which they in vain endeavoured to mitigate by loans from the bank, first of £400,000 (July 15), and then of £200,000 (July 29). They were under the neces- sity of stating to government (10th August 1772) their absolute want of an accom- modation to the amount of £1,500,000. This application placed them entirely at the mercy of the minister, who determined, indeed, after some hesitation, to grant their request, but under conditions which might promote both his own influence and that of the crown. His terms were, that the Exchequer should lend £1,400,000 at 4 per cent., and forego the stipulated annual payment of £400,000 till that debt were discharged. In return, the Company were not to divide above 6 per cent, till that object should be accomplished ; and on their extrication from difficulties, were to pay to the revenue three-fourths of their surplus receipts at home. The latter point was loudly denounced by the Directors as oppressive ; but, in fact, it proved wholly nugatory, since the relief from embarrassment and the possession of a surplus were never realized. The minister followed up this measure by another still more offensive, regulating their constitution, both at home and in India, — in particular, requiring the appointment of a governor-general, with four councillors, and a chief -justice with three judges, subject to the approbation of the cabinet. The remonstrances of the Company against this measure were fruitless, and the ar- rangements were carried into effect by two acts passed in June 1773. The debt to government was discharged in 1777, when the restriction on their dividends was of course removed ; and in 1781, a new agreement was made, by which £400,000 were accepted by government in discharge of all former claims, and the charter extended to 1794. The dividend being at that time 8 per cent., it was also stipulated that a certain share of the surplus profits should accrue to the public ; but the state of the Company's affairs rendered the latter provision of no value. Meanwhile tho Directors were actively endeavouring to repress the disor- ders which began to appear in their Indian possessions. It was with this view chiefly that Clive went out a second time in 1765, though circumstances soon afterwards led also to a vast extension of their territorial property. The two primary objects of his mission were to put an end to the exaction of presents by British officers from the native powers, and to repress the internal trade, in a great measure monopolized by them, which had been the source of accumulated evils. The first of these measures he enforced with rigour. The latter, however, he is said to have partially connived at, till the repeated commands of the Directors left him no choice but to perform his duty. Affairs, nevertheless, remained in extreme disorder ; and the revenue had, in no degree, answered the expectations of the Company. On the resolution being formed to appoint a governor-general, Parlia- ment nominated Warren Hastings. The choice was entirely approved by the pro- prietors ; and from that gentleman's splendid talents and great experience in Indian affairs, the happiest results were expected from his elevation to tne supreme government. His administration lasted from 1772 to 1785 ; and the various transactions by which it was marked excited in Britain a very intense interest, and gave rise, after his return, to some of the most memorable proceedings in the records of Parliament, though they did not permanently affect either the extent of the British power, or its relation to the native states. During Mr Hastings' government, the revenue had been somewhat increased, but the debt had been augmented in a greater proportion. This, however, had resulted from the wars in which the Company were involved, particularly that with Hyder, to which Mr Hastings could scarcely be considered a party. The violent clamour against him led to his impeachment before the House of Lords, and his trial lasted from 1788 to 1793, in the course of which it appeared that, if he had not been free from blame, it was evident that the magnitude of his offences had been considerably exaggerated: the sentence of "not guilty" was finally passed in a thin house upon all the charges ; and the Company granted him a considerable pension. The affairs of India had meantime been made the chief ground of debate in Parliament betwixt the two great political parties. Mr Fox having obtained an ascendency in Parliament, brought in his memorable bill, by which nearly the whole government and patronage of India would have been taken from the Com- pany, and vested in the Commons. It was passed without difficulty in that house; but through the influence of the king, it was rejected by the Lords. Mr Pitt obtained office shortly afterwards, and by means of his exertions an act was passedin 1784, which made a "material change in the administration of India, by the estab- EAS 268 EAS lishment of a new body, invested with high powers, called the Board of Control, the functions of which will be immediately explained. The act contained very strict injunctions for the remedy of the evils whence the Company's embarrassments were supposed to have arisen ; in particular, to renounce all schemes of war and con- quest, declaring that " schemes of conquest and extension of dominion in India, are measures repugnant to the wish, the honour, and the interest of this nation." In order to fulfil the objects of the act, Lord Cornwallis was appointed governor- general in 1786. Animated by the purest patriotism and integrity, and endowed with a sound judgment, he perhaps did not possess those comprehensive views which form the complete statesman. In undertaking to place on an improved basis the financial and judicial systems of British India, he was guided by motives decidedly benevolent. But his arrangements in some cases proceeded on a very imperfect knowledge of the actual state of the country; and he applied principles founded upon abstract theory and English practice to a people in whom local prejudices had taken deep root. The sanguine expectations formed from his administration were therefore in a great measure disappointed. He was desirous, in conformity with his instructions, to abstain from aggression and conquest in every form, yet he allowed himself, on somewhat slender grounds, to be drawn into hos- tilities with Tippoo, which added a considerable part of Mysore to the Company's Possessions, and laid the foundation for other conquests on a still greater scale, 'he result, on the whole, has been, that, instead of " conquest and extension of dominion" being abandoned, it was from this time that, in the mode of acquiring territory, the Company dispensed with mercantile intrigue, and began to assume more of a purely military character. In 1793, the charter was renewed (33 Geo. III. c. 52) for 20 years. In the same year, the public debt of £4,200,000 due to the Company was joined to the 3 per cent, stock ; but as £2,992,440 of this debt had been previously sold, they became holders to the extent of the balance only, viz. £1,207,560, which last sum was not paid up until some years afterwards. At this period their revenues amounted to £8,225,628, the expenditure to £7,007,050, thus yielding a surplus of £1,218,578 ; and the debt was reduced to £7,971,665. This state of affairs became the subject of vehement declamation in Parliament and elsewhere ; and the Act, after directing payment of a dividend of 10 per cent., with £ per cent, more eventually from a separate fund, and providing a sinking fund of £500,000 per annum, gravely appropriated an equal amount to be annually paid into the British Exchequer ; besides contingent sums of " surplus profits," which were to be applied in a similar manner. It may be almost superfluous to state that these golden dreams were never realized. The hostilities against the French, which commenced in 1793, led to their being entirely stripped of their Indian settlements; but though annihilated as a separate party, they continued to intrigue with the native princes, particularly Tippoo. This led to the Mysore war of 1799, the destruction of that sultan, and the complete breaking up of his territory. In 1802, the Mahratta war commenced, the most important of all in which the Company have ever been engaged. Amidst these extended operations, the surplus of revenue soon disappeared ; and it was not found convenient to make more than two payments of £250,000 each to the public, in the years 1793 and 1794. In 1797, a deficiency occurred, which continued till 1811, although, by the extension of territory in the interval, the revenue had increased from about 8 to 15£ mil- lions sterling. In 1810, the Company obtained temporary assistance from the public, by the advance of £1,500,000 in Exchequer bills. They again received accommodation in 1812, by a loan of £2,500,000 : this last was liquidated by an- nual payments, and finally discharged in 1822. In 1808, the Company began to grant licenses to the owners of Indian vessels, or " country ships," to trade between India and China. This traffic, which was conducted quite distinct from the transactions of the Company, soon became of considerable importance. The exports of the country traders, consisting chiefly of opium and cotton wool, considerably exceeded in value their imports in return ; while, on the other hand, the shipments of tea by the Company were of much greater value than their outward investment. The balance was therefore adjusted through the country traders, by means of bills drawn by the Company's servants at Canton upon the Bengal government, and to a small amount also on the Court of Directors in London. Previous to the great extension of the country trade, the tea was principally paid for with bullion exported from England, - the export of foods, which principally consisted of woollen cloths, with a small quantity of iron, eing wholly inadequate to that purpose. EAS 2(59 EAS In 1813, the act 53 Geo. III. c. 155, was passed, which renewed the charter for a period of 20 years, from April 22, 1814. By this statute the trade with India was thrown open to the public under certain regulations ; while that to China, and the tea trade generally, was reserved exclusively to the Company. At the same time, the territorial and commercial branches were separated, as well as all accounts connected with them. During the 20 years embraced by the charter, there occurred the Nepaulese war, 1814 and 1815 ; the Pindaree war, 1817 and 1818 ; the Burmese war, from 1824 to 1826 ; besides others on a smaller scale, including Bhurt- pore in 1826. Most of these operations led to an enlargement of territory, and con- sequently to an increase of revenue, but likewise, as before, to a corresponding amount of expenditure and debt; during the Burmese war alone the debt being augmented by the sum of £13,007,823. Before the trade to India was thrown open in 1813, it was confidently stated, in a report which the Directors forwarded to the Board of Control, " that all the expectations then entertained by British merchants as to the wished for opening of the Indian trade were groundless and delusive; that those who should act upon them if the trade were opened, would be sure to experience ruin, loss, and disappointment ; and that the abolition of the Company's commercial privileges would be in effect the extinction of the whole of the present Indian system." No- thing daunted by this statement, the merchants at once entered into the new trade with spirit, and the following table, showing the progress of both parties, well illustrates the effects of the change : — Declared Value of the principal Exports from Great Britain to all places East- ward of the Cape of Good Hope (except China), in the Years 1814, 1823, and 1832, distinguishing the Private Trade from that of the East India Company. 1814. 1825. 1832. Company. Private. Company- Private. Ctimpar y. Private. £ 434 23,962 17,778 '2*983 11,720 93,245 17,167 246 11,297 235,151 412,575 £ 49,588 28,638 91,702 7 65,460 15,163 69,836 6,267 18,079 260,882 20,213 422,297 £ 90,055 ' 1,486 6,087 36,402 1,894 29 1,328 85,649 235,620 £ 97,188 68,169 1,128,468 16,993 122,167 76,176 132,559 19,130 25,742 115,997 221,489 933,627 £ ii'.iso 268 12 1,060 11,264 3,012 5,341 45 308 37,801 78,902 £ 87,606 178,036 1,531,125 309,719 100,087 71,025 141,681 43,715 25,159 149,949 199,708 763,283 Copper, wrought& mi wrought British cottons Cotton twist and yarn Glass Hardware and cutlery Iron, wrought and un wrought Linen manufactures Woollen manufactures Total.... 826,558 £l,8i 1,048,132 4,690 458,550 2,957,705 149,193 3,601,093 £3,416,255 £3,7^ 0,286 The preceding table shows, that notwithstanding the great reduction in the prices of most of the commodities which make up our export trade with India, the value of the shipments was doubled within the 18 years from 1814 to 1832, while in British cottons, twist, and yarn, the increase was eighteen fold ; an increase the more worthy of notice as occurring with regard to a species of manufactures for our supply of which we were not many years before dependent upon the looms of Hin- dostan. In comparing the Company's with the private trade, it will be observed, that while the former progressively decreases, the latter rapidly increases. Indeed, as the Company's exports include military stores as well as merchandise, it may be held to have virtually expired in the year 1825, in which year the value of the goods exported by them amounted to only £73,000. These results, viewed in con- nexion with the fact, that for not a few years prior to 1814 little alteration had occurred in their exports, showed conclusively that the increase was owing entirely to the activity of the private traders. The unfitness of a large corporation like that of the East India Company to prosecute commercial dealings being now apparent, Parliament had little hesitation, when called upon to legislate on Indian affairs in 1833, in not only abolishing their monopoly of the China trade, but in preventing them from carrying on any mercantile operations whatever, and of restricting them to the administration of their vast territories. This change was effected by the three acts of 3 & 4 Wm. IV. c. 85, 93, and 101. The first is entitled An Act for effecting an Arrangement with EAS 270 EAS the East India Company, and for the better Government of his Majesty's Indian Territories, till April 30, 1854 ; the second, An Act to regulate the Trade to China and India; and the third, An Act to provide for the Collection and Manage- ment of the Duties on Tea. The general amount of the provisions of these acts was to throw open, for the first time, the countries to which they relate, to British enterprise and capital. Down to 1813 both China and India were as completely shut against the people of this country generally, as if they had been hostile regions. The charter of 1813 diminished, to a certain degree, this restriction, by allowing the ships of private traders to resort to India, and, more recently, regulations of the Indian government permitted a limited extent of land for indigo plantations to be held in India by persons who were not natives; while trade was licensed by the Company between China and India. But much of this was upon sufferance, and no relaxation of the monopoly of the trade between China and England had ever been conceded. Constitution and Present Condition of the Company. The government of the East India Company's territories is composed of the Home Government and the Executive Government in India. The Home Government consists of, 1st, The Court of Proprietors; 2d, The Court of Directors ; 3d, The Board of Control. The Court of Proprietors elect the Directors, and make by-laws, which are bind- ing in all matters not regulated by Act of Parliament. General courts are held quarterly, in March, June, September, and December, at which no one can be present unless possessed of £500 stock ; and the proprietors rate according to the amount which they possess. The lowest sura which entitles a proprietor to a single vote, is £1000 (of which he must have been in possession for the preceding 12 months, unless such stock was obtained by bequest or marriage); £3000, two votes; £6000, three votes; and £10,000, four votes. No greater number of votes can be given by any one proprietor. The number of proprietors lately entitled to vote was 1976 ; of which 54 possessed each four votes ; 50 each three ; 370 each two; and 1502 had single votes. The Court of Directors consists of 24 proprietors, who are elected for four years; six going out annually by rotation. They are re-eligible, and generally are re- elected at the expiration of a year; thirteen form a court. The qualification for a seat in the direction is the possession of £2000 stock. The election takes place on the second Wednesday in April in each year. The Directors elect annually, from their own body, a chairman and deputy-chairman. The court conducts the whole affairs of the Company, subject to the superintendence of the Board of Control. They nominate the governors of the presidencies, subject to the approval of the crown. They can recall the governors, or any other of their servants, inde- pendently of the Board of Control. Such despatches as that Board consider should be secret, are forwarded to India by a Secret Committee, which usually consists of the chairman, deputy-chairman, and the senior member of the court. These all take the oath of secrecy, and form the channel through which are trans- mitted the orders and instructions of the Board on all matters relating to war or peace. The Directors are allowed an appeal from the Board of Control to the king m council ; which, as Mr Mill observes, is little else than an appeal from the king to himself, and has never in practice been resorted to. The Board of Control consists of six members, among whom must be the Chan- cellor of the Exchequer and a Secretary of State ; one of which high officers, ap- pointed to act as president, does in fact exercise nearly the whole power of the Board. Its functions are described in Mr Pitt's act of 1784, somewhat vaguely, in the following terms : — " From time to time to check, superintend, and control all acts, operations, and concerns, which, in any wise, relate to the civil or military government or revenues of the territories and possessions of the United Company in the East Indies." They are authorized to inspect all correspondence and de- spatches to and from India, and the proceedings of the Courts of Proprietors and Directors ; also to have access to all documents belonging to the Company. They have the power to alter and amend the instructions which that body send out to their servants ; and in certain special cases, as has just been noticed, can transmit orders directly through a secret committee of the Directors, ayIio act as the mere channel of their communications. The Board of Control is now almost the sole governing power ; they direct all the grand measures, nominate the commander- in-chief, and influence the other important appointments. They also possess by courtesy a large share of the general patronage ; the president, who is a cabinet EAS 271 EAS minister, is virtually secretary of state for India, and in Parliament is held account- able for the proper administration of the affairs of that country. The Board of Control and Directors have, on the whole, worked together with a greater degree of harmony than might have been expected from an independent and ill-defined jurisdiction. It is admitted, however, that the details of Indian affairs have been generally administered by the Directors without vexatious or oppressive interference from the controlling authority. The establishment of the Company in England, in 1835, comprised 494 persons, whose salaries and allowances amounted to £134,454. The Executive Government in India is administered at the three presidencies, Bengal, Madras, and Bombay. In the first, the government consists of a governor- general and four councillors ; and at the two others, of a governor and three councillors. The commander-in-chief is generally a member of council. The governor-general has a controlling power over the governorsof Madras and Bom- ay. The making and enforcing of laws in the respective presidencies is vested in the governors in council, subject, in certain instances, to the consent of the supreme court of judicature, to register these decrees ; and in all cases to the approval of the Board of Control and Court of Directors. Two systems of judicature exist in India, — the Queen's supreme courts, whose jurisdiction extends over Europeans generally, and affects the natives only in and within a certain distance around the several presidencies ; and the Company's courts, in which there is a mixture of European and native judges. The Company's Territories. The Company's dominions, besides the presidencies of Bengal, Madras, and Bombay, and the territories from time to time annexed to them by cession or con- quest, comprise numerous tributary or protected states, the princes of which acknowledge the supremacy of the British government. According to the last edition of Mr Hamilton's Indian Gazetteer, the area and population of the whole, including the states in Hindostan still independent, are as follow : — Sq. miles.; Population. Bengal Presidency Madras Presidency Bombay Presidency Territories in Deccah, &c. acquired since 1815, mostly attached toBom- bay Presidency 328,000 57.500,000 154,assengers upon such voyage, unless she be at east 5J feet in height between decks ; and no ship having only one deck allowed, unless a platform be laid beneath such deck, so as to afford a space 5k feet high, and no ship shall have more than 2 tiers of berths, while in ships having 2 tiers, there must be an interval of at least 6 inches between the deck or platform and the floor of the lower tier: provided that whatever be the ship's tonnage, no greater number of passengers shall be allowed than after the rate of 1 person for every 10 superficial feet of the lower deck unoccupied by goods or stores not being pas- sengers' luggage, if such ship shall not have to pass the line on her voyage, or after the rate of 1 person for every 15 clear superficial feet if such ship have to pass the line. Water and Provisions, § 3. No ship as afore- said shall be cleared out unless there be on board good provisions for the use of the passengers, over and above the victualling of the crew, as follows ;— namely, 5 gallons of water to every week of the computed voyage for every passenger, such water being carried in tanks or sweet casks, and 7 lbs. of bread, biscuit, oatmeal, or bread- stuffs to every such week for everv passenger. To the extent of one-third of such supply, 7 lbs. of potatoes may beheld equivalent to 1 lb. of bread, biscuit, oatmeal, or bread-stuffs, in the supply of any ship bound to N. America. When any ship shall be destined to call at a place in the course of her voyage for the purpose of filling up her water, a supply at the above rate for every week of the computed voyage to such place shall be deemed a compliance with the act. Computed Time of Voyage, § 4. The number of weeks deemed necessary for a voyage shall be computed according to the following rule : name- ly, for a voyage to N. America, 10 weeks ; to S. America, on the Atlantic, or to the XV. coast of Africa, 12 weeks ; to the Cape of Good Hope, 15 weeks ; to the Mauritius 18 weeks ; any other voyage, 24 weeks. S Survey of Provisions and Berthage, §5. Before any such ship shall be cleared, the officers of customs shall survey, or cause to be surveyed by some competent person, the provisions, 'water, and berths as aforesaid, and shall ascertain that there is besides an ample supply of water and stores for the crew. Prices of Provisions, § 6. The master shall cause a table to be drawn up of the prices at which stores are to be sold by any person on board, and no higher prices shall be charged during the voyage ; but this shall not be con- strued as requiring the master to provide stores for sale to passengers who have contracted to victual themselves. Miscellaneous Enactments, § 7- If doubts arise as to seaworthiness of ship, which are not re- moved to the satisfaction of the principal officer of customs, the ship is to be surveyed by two com- petent persons. § 8. Two copies or abstracts of this act shall be kept on board, one of which to be furnished by master for perusal of passengers when required. § 9. Every such ship carrying (except to N. America) 100 passengers, must have a medical practitioner, with the requisite medicines, on board. § 10. Such ships prohibited from exporting spirits. § 11. 3Iaster to deliver list of passengers to officer of customs. § 12. Passengers not to be landed at place not contracted for. § 13. Two children under 14 years, but above 7, or three under 7» shall be reckoned as one person ; infants under 12 months not counted. § 14. Unless ship detained by stress of weather, or some other unavoidable cause, passengers to be victualled during any detention which may take place beyond time stipulated. § 15. Passengers to be maintained for 48 hours after their arrival. § 16-19. Penalties, &c. § 20. This act not to extend to ships carrying passengers in cases where the number of persons, computed as before, shall not exceed 1 for every 5 tons, nor to government ships. § 21. Bahamas, and places in America south- ward thereof, shall be deemed to be in S. Ame- rica. See Passengers' Act- EMPORIUM, or MART, a principal place for the importation and sale of mer- chandise. Such a place was formerly called a staple. ENAMEL (Fr. Email. Ger. Schmelz. It. Smalto), a kind of glass of which there are several varieties, generally opaque and coloured,— always formed by the combination of different metallic oxides, to which certain fusible salts are added, such as the borates, fluates, and phosphates. It is prepared for the use of the END 281 ERM painter in enamel, and for enamelling watch and clock dials, jewellery, and other articles. The best is brought from Venice in round cakes, about six inches in diameter, and half an inch thick. ENDOWMENT, in Life Insurance, is a term applied to the assurance of a capital sum on survivorship of time. ENGRAVINGS. Those who invent or engrave, or cause to be invented or engraved, works of art, maps or plans, on plates, enjoy a copyright in them for twenty-eight years from the day of publication. (8 Geo. II. c. 13 ; 7 Geo. III. c. 38, S§ 1,7; 17 Geo. III. c. 57.) ENGROSSING, the purchasing of large quantities of any commodity, in order to sell it again at a high price. [Corn.] ENTREPOT, a place into which commodities are imported and stored, with the view of being afterwards re-exported to some other place for consumption. ENTRY. [Customs Regulations.] EPSOM SALTS (Fr. Sel d' Epsom. Ger. Epsom Salz), or Sulphate of Magnesia, is a well-known saline bitter medicine which derives its name from having been formerly obtained from the springs of Epsom in Surrey. It occurs native, but is usu- ally procured from the bittern remaining after the extraction of sea-salt from sea- water ; it is also largely obtained in some alum- works, and occasionally from saline springs. Besides being used in medicine, it is largely consumed for the preparation of carbonate of magnesia. EQUATION OF PAYMENTS. When several sums of money due at different times are owing from one person to another, it is sometimes required to find the time when they may be all discharged in one payment without injury to either party : this is called equating the payments ; and the principle of the rule consists in finding the time when the interest of the sums which are deferred till after they are due is equal to the discount of those which are paid before they are due. 1. Reckoning Simplk Interest. Rule. — Multiply each sum by the time when it is due, then divide the sum of these products by the total debt; the quotient is the time at which all the money ought to be paid.* Example.— A. sum of £300 is due on 2d March ; £350 on 18th March ; and £525 on 17th April ; required an average time for the payment of them all in one sum ? The number of days from the 2d to the 18th of March is 16 ; and from the 2d March to the 17th April, 46 ; hence, 300 X = 350 X 16 = 5,600 525 X 46 = 24,150 1,175 . . )29,750(25 days from March 2d, or March 27th nearly. The distance of time is calculated from the 2d March, because the first sum becoming due on that day, there is no discount to calculate upon it. 2. Reckoning Compound Interest. Rule. — From the logarithm of the sum of all the debts subtract the logarithm of the sum of the present values of such debts, and divide the remainder by the logarithm of the amount of £1 in a year, at the given rate of interest : the quotient will be the equated time required. (Baily, p. 94.) Example. — Suppose A were indebted to B in the sum of £750, which was to be paid in three instalments ; namely, £250 at the end of li year ; £100 at the end of 2 years ; and the remaining £400 at the end of 4 years ; in what time, reckoning compound interest at 6 per cent., ought the whole to be discharged in one payment ? Here we have the sum of all the debts = 750, and the sum of their present values = 634-913963. [Interest and Annuities.] Consequently, Log. 750 — Log. 634-913963 -0723463 . OEOO _ „ L&W = -0253039 = 2 " 85887 ' ° r * yearS ■"* 313 dayS ' ERMINE (Fr. Hermine. Ger. Hermelin. It. Armellina), a species of weasel {Mustela erminea) which produces the most valuable of the furs. It is of per- fect whiteness, except the tip of its tail, which is of a brilliant shining black. The fur of the older animals is preferred to the younger. It is taken by means of snares, * This rule is founded on the supposition that we are to find the time when the interest of the sums which are kept till after they are due, is equal to the interest, and not to the discount, of those which are paid before they are due; this, however, is not strictly correct; but since the erroneous practice universally prevails of taking the interest instead of the discount from sums which are due at a future period [Discount], the above rule is generally adopted in business as affording a near and convenient practical approximation. The substitution of interest for discount is, of course, to the advantage of the debtor. In Mr Baily's Doctrine of Compound Interest and Annuities (p. 92), an analytical formula is given which brings out the true value for ttco sums ; but where they are more numerous the formula becomes too complicated ; and there is no rule, fit for general use, by which we can obtain the exact values when simple interest only is reckoned. "Where compound* interest, however, is computed, the true equated time mav in all cases be determined with the greatest accuracy by the rule given in § 2. ERR 282 EXC and sometimes shot with blunt arrows. The ermine of the best quality is procured only in the cold regions of Europe and Asia. An animal called the stoat, a kind of ermine, is said to be found in N. America, but it is very inferior to the European ERRORS EXCEPTED. [Account.] ESPARTO, or SPARTO, a plant (Stipa tenacissima) growing in Spain and Africa, anciently held in esteem for the manufacture of cordage, but now nearly in disuse, except in the countries of its production. It is found wild in places so barren as scarcely to produce any other spontaneous vegetation. At the present time it is used by the Spaniards for various purposes, especially in the manufacture of a kiud of shoe, or rather sandal, called alpergates, much worn by the Catalans. The sparto of Africa is very inferior. ESSENCES, either ethereous oils, in which all the fragrance of vegetable pro- ducts reside, or the same combined and diluted with alcohol. Essence of Bergamot or Lemon, the essential oil obtained from the lemon and bergamot orange, by expression of the rind. It is yellow, fluid, very fragrant, and is imported from the Mediterranean for the use of perfumers. Essence of Spruce is prepared by the decoction of the branches of the fir tree. It is of the colour of treacle, but not so thick, and has a peculiar but not unpleasant taste. It is imported from America, Norway, Russia, and other countries. ESSENCE D'ORIENT, a beautiful glistening matter obtained from the scales of a small river fish, the blay or bleak, called in French ablette, a species of Cy- prinus. It is found principally at the base of the scales, and is used in the manu- facture of artificial pearls. ESTRICH (Fr. Duvet d'autruche. It. Penna matta di strozzo), the fine soft down which lies immediately under the feathers of the ostrich. The finer kind is occasionally used as a substitute for beaver in the manufacture of hats; the coarser is sometimes fabricated into a species of cloth. ETHER, a volatile fluid produced by the distillation of alcohol with an acid. Ethers are of different kinds, as sulphuric ether, nitric ether, &c, each being distin- guished by the name of the acid by which it is formed. The most common is sulphuric ether, a transparent, colourless, inflammable fluid, of a very fragrant odour and hot pungent taste. It is eminently volatile, and during its evaporation it produces an intense degree of cold. Sp. gr. about 740. It is used for dissolving oils and resins, and for a variety of medical and philosophical purposes. EUPHORBIUM (Fr. Euphorbe. Arab. Aka nafsah, Farfiyan Gholak kala), a resinous substance produced from several species of African Euphorbia, and more particularly from a kind growing on the Atlas Mountains. It is imported from Morocco, and occurs in tears or roundish and oblong masses; odour very weak, and taste at first scarcely perceptible, but afterwards acrid and corrosive. Euphor- bium is a strong medicinal drug ; the cathartic quality being rather too vigorous for European practice. It is said that the bark of the plant is greatly valued by the native tanners, and that to its singular effects the leather of Morocco owes its chief pre-eminence. EXCHANGE, a term that is used in reference to those transactions by which the debts of persons residing at a distance from their creditors are liquidated without the transmission of money ; being employed by merchants both to desig- nate the bills or negotiable instruments by which transactions of this kind are conducted, and the varying price or course of such instruments in the market. The nature, constitution, and negotiation of Bills of Exchange having been already explained under that head, the present article will be devoted to an explanation of the principles by which exchange transactions are regulated ; to which will be added practical formulae for the ordinary calculations that occur in such transactions. A foreign bill of exchange is an order addressed to a person residing abroad, directing him to pay a determinate sum of foreign money to the person in whose favour it is drawn, or to his order. The amount of foreign money, therefore, to be paid is fixed by the bill; but the amount of British money (or money of the country in which the drawer resides), to be given for the purchase of the bill, is by no means fixed, but is continually varying. The causes which influence these variations will be best explained by tracing separately the circumstances determining the price of bills ; namely, first, the value of the money in which they are to be paid compared with that with which they are bought, termed the nominal exchange; secondly, their abundance or scarcity in the market compared with the demand for them, termed the real ex- EXC 283 EXC change ; while the combined effect of the real and the nominal exchange will be afterwards considered in treating of the computed exchange. The Nominal Exchange. The coins in which the monies of account of different countries are reckoned vary generally not only in denomination, but in weight and fineness, and conse- quently in exchangeable value. Moreover, some consist of silver, others of gold. Thus the ruble is the money integer of Russia, the guilder that of Holland, the franc that of France, and the pound sterling that of Britain. But the ruble con- tains nearly twice as much silver as the guilder, and the guilder about twice as much as the franc, while the pound sterling is represented by a gold coin. The relative value of the monies of different countries is in general determined according to the quantity of pure silver or pure gold contained in the coins which form the principal media of payment, or legal tender, — alloy never being taken into account; and between two countries employing the same metal for their stand- ard, that sum of the money of either of the two which in point of intrinsic worth is precisely equal to a given sum of the other, that is, contains precisely an equal weight of silver or gold of the same fineness, is usually termed the Par of Exchange.* Between two countries employing the one silver and the other gold, there can be no invariable par of exchange, as the relative value of these metals is subject to fluctuation; but as this fluctuation has a very limited range, it has been customary to assume a par, founded on their average prices in the market. In the United Kingdom, gold coin being the legal tender, there is properly no par of exchange, except with the United States, Sicily, and a few of the minor bill markets on the Continent, where the established media of payment also consist of gold. With countries or places which use silver, only an average or approximate par can be stated. In the valuations of foreign monies in the present work, this approximate par is given on the assumption that the proportionate value of gold to silver is as 15^ to 1; standard gold being estimated at its fixed mint price of £3, 17s. lOM., and standard silver at its average market price of 5s. per ounce. Of the two terms of comparison between the money of one place and that of another, one is fixed, the other is variable. The place whose money is reckoned at the fixed price is, in commercial language, said to receive the variable price ; the other is said to give the variable price. Hence the higher the exchange between any two places, the more it is in favour of that which receives the variable price ; the lower, the more in favour of that which gives the variable price; — the exchange being said to be favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that place is required for discharging a given amount of foreign payments. Thus London receives from Paris a variable number of francs and centimes for £1 sterling; and taking the par at 25 francs 34 centimes for £1, exchange will be 5 per cent, in favour of London when it rises to 26 francs 62 centimes, and about 5 per cent, against London when it falls to 24 francs 7 centimes. Supposing a par to be established, the fluctuations in the nominal price of bills drawn by one country upon another will arise principally from an alteration in the weight or fineness of the coin of either of the countries, or an alteration in the total amount of the currency of either country, without a corresponding alteration in the commodities to be circulated. When the currency of a country is depre- ciated, whether from degradation of the coin, or from relative overissue, it is im- possible that the same amount of it should purchase the same sum of foreign money as before its depreciation. A bill on a foreign country, being in fact an order for payment of a given sum of foreign money, will not be sold unless for such an increased amount of the depreciated currency as will counterbalance the diminution in its value; in other words, foreign bills will bear a premium in proportion to the depreciation. In the same manner, a bill on the country where the currency is * This definition of the intrinsic par of exchange, which is that given in the Report of the Bul- lion Committee of the House of Commons in 1810, and generally understood by merchants, is objected to by economists in so far as it does not make allowance for the difference in value of the precious metals in different countries, owing to the greater facilities enjoyed by some in procuring these metals, from their vicinity to the mines or otherwise ; but the difference in value thus occa- sioned is in general very trifling, particularly in Europe, throughout which, according to the late M. Rothschild, gold finds its level to within i per cent. ; and the above is the only sense in which the term par can be employed in showing the average relative value of the currencies of different countries by comparison of their coins. For the practical purposes of the bullion merchant or exchange speculator, however, the par of the day must be carefully deduced from the market prices of the metals in the manner explained below (page 290). EXC 284 EXC depreciated will be bought abroad, where money retains its value, for a much less nominal sum than the amount for which it is drawn; or, in other words, will be at a discount. Hence, after a par of exchange has been established, an alteration in the value of money, whether it arises from degradation of the coin, or depreciation of the coin or paper from relative overissue, will alike affect the price of a foreign bill, and be made evident by an unfavourable nominal exchange. In the process of restoration of a currency, after being depreciated, it is scarcely necessary to observe that these phenomena will be reversed. The Real Exchange. We now proceed to consider the manner in which the market price of bills is affected by their abundance or scarcity, compared with the demand for them on which depend the alterations of the real exchange ; and as in treating of the nominal exchange, we endeavoured to preserve the subject distinct from the real exchange, by supposing the price of foreign bills to be unaffected by any varia- tion in their abundance or scarcity ; so in tracing the effect of the real exchange we shall suppose the state of the nominal exchange to remain unaltered, and that no change takes place in the value of the currencies in the respective countries. In the commercial intercourse between two countries, when neither of them im- Eorts from the other to a greater amount than it exports to the same country, the ills drawn by the merchants exporting produce will exactly equal in amount the bills drawn on the merchants importing produce, and their mutual debits and credits will be liquidated without the transmission of coin or bullion.* In this case the supply of bills being equal to the demand for them, they will neither bear a premium nor be at a discount, and the real exchange, however the nominal ex- change may alter, will be at par. But it seldom or never happens that the exports and imports are so exactly equal as to leave no balance. When the imports are in excess, and more pay- ments have to be made than received, the importer, rather than incur the expense of transmitting coin or bullion, will be induced to give more for a bill of exchange upon a party in the creditor country than the sum for which it is drawn. A com- petition will thus be created among the purchasers of bills upon the creditor country, and the holders will refuse to part with them, except an additional price be given as a premium in proportion to the demand. In the creditor country, on the con- trary, there will be more persons holding than there are wanting bills, and the excess above the demand can only be converted into coin or bullion by sending them to the place upon which they are drawn. But this operation involving the expense and risk attending the transit of the bullion, the holder of a bill on the creditor country, if he be desirous of converting it into money, will be content to receive something less than its amount. There will therefore be in the creditor country a competition to sell, and bills will be at a discount in proportion to the supply. The premium in one country will correspond with the discount in the other. But neither the premium nor the discount can for any long time exceed the expense of transmitting bullion, which therefore forms the natural limit to the fluctuations of the real exchange between any two countries. The transit of bullion, however (unless from countries producing the precious metals), rarely occurs except in small quantities : international accounts are never closed ; and various facilities exist for warding off such a state of things as would take place if a periodical settlement were enforced as in accounts between individuals. 1st, The tendency of an unfavourable state of the real exchange is to stimulate exportation and check importation. Commodities which would only just pay with exchange at par, would yield a profit sufficient to induce exportation, where the exporter could secure 1 or 2 per cent, more for the draft upon his foreign debtor. On the other hand, an imported commodity which was only just paying * The balance of trade and the balance of payments are here assumed to be identical,— a suppo- sition true in the general case, and convenient for illustration. When, however, two countries sell to each other on unequal terms of credit, these two balances may be materially different ; and, as it is by the balance or payments that the market rate of exchange is regulated, their distinction must be borne in mind, — more especially in reference to the exchanges of this country, in which the exporters almost invariably allow a much longer credit than is received by the importers. The balance of trade between the United States and Great Britain is believed to have been in favour of the latter from the date of planting the first British colony in America, — of late years to the amount sometimes of one hundred millions of dollars or upwards ; yet, owing to the longer credit allowed by our traders, the exchange has not always been in our favour, but, on the contrary, has been so controlled by the balance of payments as frequently to have been against us> EXC 285 EXC when enhance was at par, would cease to yield a profit sufficient to induce impor- tation when the importer should have to pay a premium for a foreign bill if he remit one to his foreign creditor, or a discount added to the invoice price if his creditor draws upon him. Thus, by the stimulus to exportation the supply of bills would be increased, while by the check to importation the demand for those bills would be lessened ; both causes operating to restore the exchange to its natural level or par. In the same manner, a favourable exchange will act as a duty upon exportation, and as a bounty upon importation. In the case of the nominal ex- change, however, these effects would not be produced, as the same fall in the value of the currency which renders the exchange unfavourable, and causes foreign bills to sell at a premium, must increase in an equal degree the price of all commodities ; and vice versa. In exporting during an unfavourable state of the exchange, it is plain that the merchant will, as in the ordinary conduct of his business, select those commodi- ties which, besides the premium afforded by his bill, will give him the greatest profit by the difference of price abroad and at home ; and it is not difficult to see that these exports must generally consist of consumable produce, and not bul- lion, which of all commodities is that which is subject to the least variation in its real price. " The annual quantity produced from the mines is very nearly con- stant,— its distribution, from the facility with which it is transported, is exceedingly uniform,— and its value, and consequently its real price, throughout Europe at least, must be considered as nearly the same. Unless then the bounty afforded by the unfavourable state of the real exchange were greater than the expenses attending the transit of bullion, it would be of all others the commodity least likely to be selected by the exporting merchant." (Blake on Exchange, p. 21.) '2d, This natural tendency of the exchange to correct itself is promoted by the operations of the bill merchants, who study the exchanges, not only between the place at which they reside and all other places, but also between all those other places themselves, by which means they are generally enabled to realize a profit by buying bills in one place and selling them in another ; — in this way preventing any great fall in the price of bills in those countries in which the supply exceeds the demand, and any great rise in those countries in which the supply happens to be deficient. Sometimes exchange operations are conducted with little outlay of capital. Thus, if a bill merchant in London can sell a bill on Amsterdam at half per cent, premium, and buy one at Paris at half per cent, discount, and with the latter buy one at Paris on Amsterdam at par, he will have gained 1 per cent. by the transaction, without the employment of any capital ; — the bill remitted from Paris to Amsterdam arriving in time to meet the bill drawn there upon his correspondent. Again, a bill merchant, in order to take advantage of a premium on the exchange, may obtain a credit abroad upon which he may draw bills, under the calculation that at some future and not very distant period he will be able to replace the funds at a lower rate of exchange, and thereby realize a profit by the operation. The central points for such transactions are Hamburg, Amster- dam. Vienna, Paris, New York, and above all, London, the great money change of the world. M, A variety of other expedients are also occasionally adopted, particularly in the United States, where the extension of credits by the consent of the foreign cre- ditors upon allowing interest for the extended term, and the transmission of public securities, bank, railroad, and canal shares, are all well known levers in the me- chanism of trade, by which the tendency of an unfavourable balance of payments to cause an exportation of bullion is frequently neutralized. 4th ? When all these measures fail in keeping down the price of bills, and the premium exceeds by a very small amount the expenses of the transit of bullion, its exportation will immediately commence ; for the same uniformity of value and of price which, as already noticed, would prevent bullion being exported before the premium exceeded those expenses, would be the very cause why, as soon as the premium had exceeded that point, it would be immediately chosen as the most eligible for exportation, more especially in the greater exchange markets, where the bullion merchants are generally distinguished for intelligence, large capital, and the small profits upon which they transact their business. The foreign debt will then begin to be paid by the bullion merchants exporting to take advantage of the premium, and their competition will soon bring down the real exchange so as no longer to afford a profit upon the export of this article. The exporters of consumable produce will, during this period, co-operate with the bullion mer- chants ; and when the latter have ceased to derive a profit, the former will still EXC 286 EXC continue their operations, till the exports have been such as to counterbalance the adverse debt, and render the quantity of foreign bills in the market equal to the demand. 5^, Only a small part, however, of an unfavourable balance can be liquidated by the transit of bullion, as its exportation cannot take place to any considerable degree without affecting the market price of that article itself ; — raising it in the country from which it is sent, and reducing it in that into which it is flowing ; so that if, in the first instance, the difference of price in the home and foreign market were but just sufficient to induce the bullion merchant to export, it is clear that after the change has taken place, the exportation of bullion under the same rate of exchange will cease. " The transit of bullion," says Mr Blake, " from a high or low real exchange is an unnatural transit, not arising from the wants of the country into which it flows, but depending solely on the profits which a temporary pressure for foreign payments affords to the bullion merchants on the sale of foreign bills ; and as soon as the cause that has produced the tem- porary influx subsides (an event that will sooner or later necessarily take place by the import of such ordinary produce as is wanted for the purposes of consumption, and increased enjoyment of the people), the superfluous and unused quantity of bullion that has been accumulated will flow back from the country where its abundance has rendered its real price low, to those nations from which it had been unnaturally sent, and where its scarcity will have rendered its real price high." (P. 33.) Hence it appears, that whenever there is a balance of payments due by a'country, the real exchange will become unfavourable, and the price of foreign bills will bear a premium, and vice versa ; that the natural limit to the amount of this premium is the expense of the transit of bullion ; and before it has arrived at that point, the export of ordinary produce will be forced, and its import restrained ; so that the real exchange can scarcely begin to deviate from par, without calling into action a principle that will correct its deviation. The Computed Exchange. The computed, or actual course of exchange, depends on the combined effect of the nominal and real exchange. These being perfectly independent of each other, it is obvious that if both are favourable, or both unfavourable, the computed ex- change will denote their sum ; that if the one is favourable while the other is un- favourable, it will express their difference ; and that it may be at par, though neither the real nor the nominal exchange are so, provided the unfavourable state of the one be counteracted by the favourable state of the other. The state of the exchange at any particular period is best ascertained by a comparison of the mar- ket with the mint price of bullion ;— the excess of the former above the latter affording in general an accurate measure of the depreciation of the currency. Thus, if the market and mint price of bullion at London and New York exactly corresponded, and if the value of bullion were the same in both places, the nominal exchange would be at par, and whatever variations might occur in the computed or actual course of exchange, would have to be referred to fluctuations in the real exchange, or in other words, in the demand and supply of bills. But if, when the market price of bullion in London is equal to its mint price, it exceeds it 10 per cent, in New York, this proves that New York currency is depreciated 10 per cent., and consequently the nominal exchange between London and New York must be 10 per cent, against the latter. Again, if while the value of New York currency was 10 per cent, less than the value of British currency, the computed or actual course of exchange between London and New York was 12 or 13 percent, against the latter, it would show that the real exchange was also against New York to the extent of 2 or 3 per cent. : On the other hand, if the computed exchange was only 5 or 6 per cent, against New York, it would show that the real exchange was 5 or 4 per cent in its favour. The oscillations of the exchange are now unimportant compared with what they were during the last war, when most of the European governments resorted to in- convertible paper money, which, by its overissue and consequent depreciation, disturbed the nominal exchange, while the real exchange was generally more or less influenced by remittances for the maintenance of troops abroad, or on account of foreign subsidies. At present the rates in Wetenhall's " Course of the Ex- change, given below, are all expressed in currency, either metallic, or directly convertible into metallic money, except those on Rio Janeiro, Bahia, and Buenos Ayres, where it consists almost entirely of depreciated paper ; the currencies of EXC 2 7 EXC Denmark, Sweden, and Norway consist chiefly of depreciated paper, but these countries have seldom a direct course with London, their exchange business being generally transacted in banco through the medium of Hamburg. The real exchange is now also, in ordinary times, maintained with considerable steadiness ; the chief fluctuations to which it is liable arising from the effects of favourable or unfavourable seasons on the customary produce of the land. In this country a deficient harvest, actual or anticipated, leads directly to a demand for bills on the foreign wheat ports, and indirectly to a demand for paper upon all places which hold commercial intercourse with such ports, or through which remittances may be made. The unfavourable exchange thus produced, occasions commonly an exportation of bullion ; but it is evident, on the principles already explained, that this efflux can be only of limited amount and temporary duration. Besides the circumstances now explained, the price of a bill will of course be influenced by the credit of the parties to it, and by the time which it has to run. In the actual negotiation of bills, however, any small difference of time is not taken into consideration, — a bill at 90 days' date frequently bringing as good a price as one at 75 days' date. Short bills, that is, bills at sight, or at short sight, which is generally 3 days' sight, do not usually bear a price higher than long-dated bills, proportional to the interest for the difference of time, as the latter are preferred for exchange speculations, from their affording an opportunity to wait, if it should be judged expedient, for an improvement in the rate. In this country the buying and selling of bills on foreign countries is conducted by brokers, all such transactions centring in the metropolis. In London the days for the negotiation of foreign bills are Tuesdays and Fridays, the Foreign post- days. The brokers go round to the principal merchants, and discover whether they are buyers or sellers ; and a few of the more influential, after ascertaining the'state of "the market, suggest a price at which the greater part of the transac- tions are settled, with such deviations as particular bills may be subject to from their high or low credit. For the bills they buy on one post-day, houses of esta- blished credit pay on the following post-day, when they receive the second and third bills of the set ; — foreign bills being usually drawn in sets of three. The bro- kerage charged on bills is 1 per mille, or j'gth per cent. On the evenings of Tuesdays and Fridays, the market rates for bills on all the principal foreign cities, with the current prices of bullion, are published in Weten- nall's " Course of the Exchange," from which the following is extracted : — Coubse gf Exchange, London, April 15, 1862. Time. RmU*. Explanations. Amsterdam 3 m/d. 11 18i Florins and Stivers for £1. Ditto, at sight short 11 15$ Florins and Stivers for £ 1. Rotterdam 2 m/d. 11 18§ Florins and Stivers for £1. Antwerp 25 474 Florins and Stivers for £1. Hamburg 13 Marks and Schillings Banco for £1. Altona 13 12$ Marks and Schillings Banco for £1. Paris, 3 days' sight short 25 20 Francs and Centimes for £1. Ditto 3 m/d. 25 50 Francs and Centimes for £ I. Marseilles 25 50 Francs and Centimes for £1. Bordeaux 25 50 Francs and Centimes for £1. Frankfort (Maine) 119* Kreusers for £1. Berlin Dollars and Groschen for £1. Vienna 3mld, 13 70 Florins and Kreusers (effective) for £1. Trieste 13 70 Florins and Kreusers for £1. Leghorn 25 52$ Tuscan Lire and CenreMmi for £1. Genoa 25 50 Lire Xuove and Centesimi for £1. Milan 25 50 Lire Austriac'ai and Centesimi for £1. Venice Pence for 6 Lire Anstriachi Naples 40* Pence for 1 Neapolitan Ducat Palermo 120 Pence for 1 On Ha. Madrid 49$ Pence for 1 Dollar of Plate. Cadiz 49 Pence for 1 Dollar of Plate. Barcelona Pence for 1 Dollar of Plate. Gibraltar... Pence for 1 Hard Dollar. Lisbon 60 d/d 53$ Pence for 1 Milreis. Oporto 53$ Pence for 1 Milreis Petersburg usance 33* Pence for 1 Silver Ruble, Rio Janeiro 60 d/s. Pence for 1 Paper Milreis. Bania Pence lor 1 Paper Milreis. BaenosAyres Pence for 1 Paper Dollar. New York 21 d/s. Pence for 1 Dollar. Philadelphia Pence for 1 Dollar. Price of Bcixiox.— Foreign gold in bars (standard), per ounce ... £3 17 9 Silver in bars (standard) .05 11 EXC 288 EXC When the exchange becomes more favourable to London, the foreign rates m the upper part of the list will rise, the sterling rates in the lower part will fall : when the exchange becomes less favourable, the former will fall, the latter will rise. Again, the tendency of bullion is to fall in price as the exchange becomes favourable, and to rise as it becomes unfavourable. The Inland Exchange. — The principles now explained are all applicable to the inland exchange ; but, in the United Kingdom at least, the uniform value of the currency renders unnecessary any comparison between the value of the money at the place where the bill is drawn with its value at the place where it is to be paid ; while the constant intercourse maintained between the different parts of the country prevents those fluctuations which occur in the market price of foreign bills. Inland remittances are generally conducted by bankers, who, by having credits in London and other cities, are enabled on all occasions to supply the demands of their customers. The great centre of the inland as well as of the foreign exchange is London, occasioned partly by its immense commerce, and by its currency consist- ing of Bank of England paper, for which the notes of the country banks are ren- dered exchangeable, but chiefly by its being the seat of the government, and the place to which the revenue is remitted. Owing to these circumstances, the exchange between the capital and the other parts of the kingdom is invariably in its favour. The premium for bills on London, or rather letters of credit, the form in which inland remittances are now chiefly made, is usually commuted for a fixed period of time, termed the Par Date. The par date for remittances to London from Edinburgh or Glasgow (exclusive of the 3 days of grace), is 20 days ; while in London, bills or letters of credit on these places are commonly granted without charge. In Liverpool, the banks draw on London at 21 days' date ; sometimes also at 7 days' sight, charging | per cent, of commission. In Dublin and Belfast, bills on London are drawn at 21 days' date, and letters of credit are granted for a premium of £ per cent. FORMULAE FOR EXCHANGE CALCULATIONS. The rules for performing exchange calculations having been already fully ex- plained, under the head Chain Rule, we shall here confine ourselves merely to a selection of formulae ; giving, in the first place, those applicable to direct remittances, and afterwards a few examples in indirect exchanges and bullion operations. DIRECT EXCHANGES. LONDON ON AMSTERDAM. Exchange 12 fl. 4| stivers. 1000 florins ? 1 florin = 20 stivers. 244 J stivers = £1. Or what is the same ; Exch. 12 fl. 22$ cents. 1000 florins? 1 florin = 100 cents. 1222| cents = £1. Answer. 1000 florins = £81, 16s. LONDON ON PARIS. Exch. 25 fr. 65 cts. 1000 francs ? 1 franc = 100 cents. 2. r »t)5 cents = £l. Aits. 1000 francs = £38, 19s. 8?d. LONDON ON HAMBURG. Exch. 13mks. 12 schill. B«* lOoo marks B ' 1 mark B«°- = 16 schillings. 220 schillings = £l. Ans. 1000 B™ marks = £72, 14s. 6Jd. Exch. LONDON ON LUBEC. /On Hamburg, 13 mks. 12 schill. B c * \ On Lubec, 24 per cent. 1000 current marks ? 124 cur. marks = 100 marks B™- ImarkB" = J 6 schillings. 220 schillings = £l. Ans. 1000 cur. marks = £58, 9s. 7d. AMSTERDAM ON LONDON. Exchange 11 fl. 95 cents. £100 ? £1 = 1195 cents. 100 cents = 1 florin. Answer. £100 = 1195 florins. N.B. The stiver is retained in the London, but not in the Amsterdam course of exchange. PARIS ON LONDON. Exch. 25 fr. 10 cts. £100? £1 = 2510 cents. 100 cents = 1 franc. Ans. £100 = 2510 francs. HAMBURG ON LONDON. Exch. 13 mks. 7 schill. B«>- £100? £1 =215 schillings. 16 schillings = 1 mark B^ Am. £100 = 1343 marks 12 schill. B™- LUBEC ON LONDON. ■FYnJi 1 0n Hamburg, 13 mks. 8 schill. B « Msxxa. ^ 0n Lubec> 23| per cent. £100? £1 = 216 schill. Be* 16 *rh\]]. B<*>- = 1 marK B™- 10<» ui irks Be- = 123J cur. marks. Ans. £100 = 1667 cur. mks. 4 schill. 289 EXC LONDON ON VIENNA. Exch. 10 florins 4 kreusers. KMM) florins? 1 florin = 60 kreusers. 604 kreusers = £1. Ant. 1000 fl. = £99, 6s. 9000. Ant. £100 = 421 #053. BERLIN ON LONDON. Exch. 6 P. D. 24 groschen. £100? £l =204 groschen. 30 groschen = 1 Pruss. dollar. Ant. £100 = 680 Prussian dollars. ST PETERSBURG ON LONDON. Exch. 38 pence. £100? £1 =240 pence. 38 pence = 1 ruble* Ant. £100 = 631 rubles 58 copecs. PALERMO ON LONDON. Exch. 60 tari. £100? £1 = 60 tari. 30 tari = l oncie. Ant. £100 = 200 oncie. MADRID ON LONDON. Exch. 36 pence. £100? £1 =240 pence. 36 pence = 8 Reals plate. 17 Reals plate = 32 Reals vellon. Multiply by 61440, and divide by the rate multiplied by 17. Ant. £100 = 10039 Reals v. 7 maraved. LEGHORN ON LONDON. Exch. £ T. 30, 10 cents. £100? £1 sterling = 3010 cents. 100 cents = 1 Tuscan Lira. Ant. £100 = £ T. 3010. NEW YORK ON LONDON. Exch. 7J per cent. Premium. £100? £9 sterling = $40 $100 plus prem. = $107J. Ans. £100 = $47778 cts. Exch. $4-80 cts. £100? £1 sterling = 480 cents. 100 cents = $1. Ant. £100 = $480. In the two examples of the premium method, given above, the fixed par of 4s. 6d. per dollar is expressed in the equivalent proportion, £9 = $40, according to usage in exchange calculations. EXC 290 EXC LONDON ON MONTREAL. Exch. 17i per cent, premium. £1000 currency ? f £'i UrrenC) ''} = £100 currency. £10 currency = £9 sterling. Ans. £1000 currency = £765, 19s. 2d. sterling. LONDON ON JAMAICA. Exch. 18 per cent. Premium. £1000 currency? ^JET*} = £"00 currency. £7 currency = £5 sterling. Ans. £1000 currency = £605, 6s. 6Jd. sterling. MONTREAL ON LONDON. Exch. 15 per cent. Premium. £l()0 sterling? £9 sterling = £10 currency. plus^rem 7 ' } = £115 currency. Ans. 100 sterling = £127, 15s. 7d. currency. JAMAICA ON LONDON. Exch. 15 per cent. Premium. £100 sterling ? £5 sterling = £7 currency. £100 currency, \ „, , _ plusprem. / = £"5 currency. Ans. £100 sterling = £161 currency. INDIRECT EXCHANGES, OR ARBITRATIONS OF EXCHANGE. Arbitration of Exchange is the operation of finding a proportional rate between two places, through any intermediate place or places, in order to ascertain the most advantageous method of drawing or remitting. When there is only one intermediate place, it is said to be a Simple Arbi- tration ; when more than one, a Compound Arbitration. In practice the comparison is made with a variety of arbitrated rates, in order to find whether any indirect paper affords a better rate than direct paper, — allowance being made for the difference of interest or discount between the direct and indirect bills, and the additional charges attending the latter, as brokerage, stamps, and commission. The commission to an agent varies from about £ to i per cent, according to agreement ; but the small rate of profit yielded by exchange specula- tions leads to their being chiefly conducted on joint account, or between branches of the same esta- blishment, so that the charge for commission is generally avoided. LONDON AND PARIS, THROUGH HAMBURG. Find the Arbitrated Rate between London and Paris, when the exchange of London on Hamburg is 13 marks 12 schillings Banco for £1 ; and that of Paris on Hamburg, 184 francs 50 centimes for 100 marks Banco. £1? £l = 220 schillings Banco. 16 schillings = 1 marc Banco. 100 marcs Banco = 18450 cents. 100 cents = 1 franc. Ans. 25 francs 37 cents. LONDON AND AMSTERDAM, THROUGH MADRID. Find the Arbitrated Rate between London and Amsterdam, when the exchange of London on Madrid is 37 pence for 1 dollar of plate ; and that of Amsterdam on Madrid 100 florins 75 cents for 40 ducats of plate. £1? 240 pence. 1 dollar plate. 272 maravedis. 1 ducat. IOO75 1 florin. £1 37 pence = 1 dollar plate = 375 maravedis = 40 ducats = 100 cents = Ans. 11 florins 85 cents. In the Simple Arbitrations now stated, although the exchange is said to be througha, third place, yet it is commonly effected by the remittance of bills upon the intermediate place, to the place where the fund is to be created ; — as, for example, by the purchase in London of bills upon Hamburg, and the remittance of such bills to Paris ; this operation being less complicated, and attended with fewer charges than remitting direct paper to Hamburg, and either having the proceeds forwarded to Paris, or ordering the correspondent there to draw for them upon Hamburg. Compound Arbitrations are of rare occurrence, as the liability to unfavourable changes becomes greatly increased when more than three places are concerned in the operation ; besides, few houses of business are capable of so far extending their negotiations. ARBITRATIONS OF BULLION. Arbitration of Bullion is the operation of deducing a rate of exchange from the prices of bullion in two places, in order to determine, by comparison with the rate borne by bills, whether the pre- cious metals can be exported or imported to advantage. The data required, besides the prices, are the weight and fineness of the bullion ; — the modes of expressing which, in this and other coun- tries, are explained under Measures and Weights, and the heads of those countries respectively. In the following equations the variable terms are distinguished by an asterisk ; the others, being invariable, are in each case compounded into a fixed number which may be used in all similar arbitrations. The result of the equation for New York is shown, both according to the new and the old methods of quoting the exchange. LONDON AND NEW YORK. | LONDON AND AMSTERDAM. Bar gold in London is 77s. 9d. per ounce stand- Bar silver in London is 60 pence per oz. stand- ard ; required the arbitrated rate of exchange | ard ; in Amsterdam 104i florins per pond fine- produced by its export to the United States, for required the arbitrated rate of exchange ; the coinage at the rate of 232} grains of fine gold for Netherlands pond being equal 1000 wigties, and the eagle of $10. £1 sterling *77l shillings 12 grains stand. £32J grains fine Ans. £1 sterling? 20 shillings. 480 grains stand. 11 grains fine. $10. 77 1)378-984 Fixed No. $4-87,43 per £1 sterling. 900 40)4386-87,00 1091 per£100ster. or 91 per cent. Premium. 31-1002 wigties equal 1 troy ounce. £1 sterling ? £l sterling = *60 pence = 40 oz. standard = 1000 wigties 240 pence. 1 oz. standard. 37 oz. fine. 3M002 wigties. *1 04 J florins. Fixed No, 60)6-90424 •115070 Multiplied by 104j Ans. Florins 12-02 cents. EXC 291 EXC The arbitrated rates thu9 found, however, will fall to be corrected for Interest and charges, before being compared with the prices of bills. EXCHEQUER, a court established in England by William the Conqueror, and which anciently was one of the first in importance, as all causes relating to the rights of the crown were there discussed, and the royal revenues were supposed to be received there. As now modified, it consists of two divisions, one of which pos- sesses jurisdiction in matters of public revenue, while the other is subdivided into a court of common law and a court of equity. The judges are, the Chan- cellor of Exchequer for the time being, the Chief Baron, and four other Barons. The Chancellor has a voice in giving judgment when the court sits in equity, but it is now rarely or never exercised, his leading duties at present being those of the public finance, of which he is minister. In this last capacity he is always a leading member of the cabinet. EXCHEQUER BILLS are promissory notes issued by the Treasury under the authority of Parliament ; and are the form in which the floating or unfunded part of the national debt chiefly exists. The issue of these bills greatly facilitates the current financial business of the government. They are circulated at present for sums varying from £100 to £1000, which are printed with ink of different colours; namely, £100 bills with red ; £200, yellow ; £500, blue ; and £1000 bills with black ink. They bear interest from their date until the day fixed for their payment, which is announced by advertisement, and is generally about a year after being issued, when they are either discharged or renewed for other bills, at the option of the holders. Parties neglecting to present their bills on the day appointed are deprived of interest till the next opportunity of obtaining new bills, or else must submit to the loss of whatever premium they may chance to bear at the time. During the currency of these bills, they may, after a limited time, be paid to the government at par in discharge of duties and taxes; they are thus nearly exempt from the risk of depreciation, and, as they are transferable without the necessity of a formal assig- nation, they form an eligible investment for capital that may require to be suddenly made available. They are so much in demand by capitalists in the metropolis, that government is enabled to keep a considerable amount of them, generally about £28,000,000, in circulation, at a low rate of interest. The rate is fixed at so much per cent, per diem, and is commonly adjusted so that the bills shall bear a pre- mium in the market, in order that government may not be exposed to the incon- venience of having them returned in payment of taxes. Sometimes the small bills a higher premium than the large ones. Of late years the rate has fluctuated n l|d. to 2£d. per cent, per diem, that is, from £2, 5s. 7£d. to £3, 16s. 0£d. per cent, per annum. The brokerage upon either a purchase or a sale is Is. per cent. Transactions through the medium of Exchequer bills generally involve a calculation of interest and premium. Thus, To find the cost of an Exchequer bill for £500, dated January 5, and sold April 6, at 60s. premium, we have £500 Bill. £500 at 2d. per cent is lOd. : and lOd. X 91 days = 3 15 10 Interest 60s. X 5 = 15 Premium 5 Brokerage £519 10 Whole cost. These securities are issued at the Exchequer Bill Office, Palace- Yard, West- minster. [Funds.] EXCISE, a term applied in this country to the duties levied on articles of home manufacture or production. Such duties were unknown in England before the year 1643, when they were imposed by the Long Parliament upon beer, ale, cider, perry, and other commodities. This kind of taxation long continued unpopular. Marvel describes the excise as "a hateful tax ;" and Blackstone states, that, "from its first original to the present time (1765), its very name has been odious to the people of England." These opinions may have partly arisen from the harsh and inconsiderate manner in which the duties were sometimes levied ; but there will always be clamourers against even beneficial innovations. Few persons, however, are now disposed to call in question the advantage of contributing towards the necessary expenses of the country by means of an indirect tax, though this is an advantage which may be purchased at too dear a rate, if great care be not taken in the construction of statutes which give such large powers as the excise laws. The excise was at first only intended to be resorted to as a temporary source of revenue, but, like many other taxes, it was retained when the emergency in which it originated had passed away. In 1649, the Parliament declared that " the impost EXC 292 EXC of the excise was the most easy and indifferent levy that could be laid upon the people ;" and by the 12th Charles II. c. 24, it was granted as part of the revenues of the crown. The malt duty was first imposed in 1695 ; and during the reigns of William III. and Queen Anne, the list of articles subject to the excise comprised nearly all those which were liable at the close of the last century. In 1797, the number was 27; in 1833, they were reduced to 15 ; and in 1837, to 10, their present number, either by the duty having been totally repealed, or (as in the case of tea, cocoa, coffee, pepper,foreign spirits, tobacco, snuff, and wine) by being transferred to the de- partment of the customs, which is enabled to collect the revenue with greater economy and convenience. The articles from which the excise revenue is at present derived are, Auctions, Bricks, Glass, Hops, Licenses, Malt, Paper, Soap, Spirits, and Vinegar ; and under these heads, and those of Tariff, and Revenue and Expen- diture, an account will be found of the different duties and their produce. The persons subject to excise survey may be divided into five classes : — 1. Per- sons visited for the purpose of charging the " growing " duties, as brickmakers, maltsters, papermakers, and others. 2. Persons whose license is high or low ac- cording to the extent of their consumption, as brewers and tobacco manufacturers. 3. Persons visited because subject to a license for dealing in articles upon which excise duty has or ought to have been paid, as innkeepers, and retailers of beer or spirits. 4. Persons visited in like manner because subject to a license for deal- ing in articles chargeable with customs duty, as dealers in tea, wine, and tobacco. 5. Persons from whom no duty is collected, as tallow-melters (as a check on soap- making), and a few others. The total number of parties surveyed in the United Kingdom is about 600,000. The Board of Excise is a sub -department of the Treasury, and as such is subject to its check and control ; the First Lord of the Treasury and the Chancellor of Exchequer being the really responsible parties. It consists of seven commissioners who have equal authority and power. The chairman has a salary of £2000, the deputy- chairman £1500, and the other commissioners have each £1200 per an- num. The board is responsible for the general discipline of the service, amount- ing to about 7000 individuals. They appoint to offices, and pay the parties such sums as are necessary ; but the number of each description of officers is not allowed to exceed that fixed by general warrant or order from the Trea- sury. Since 1823 the Irish and Scottish boards have been consolidated with the English establishment. To facilitate the labours which devolve upon the exeise department, the country is partitioned into convenient portions, known under the name of " collections ; the number of these in England and Wales being 55. The name of a county, a large portion or the whole of which is comprised within its limits, is given to some collections ; others are known by the name of some great town which they contain. Each collection is divided into districts, usually into six or seven. Each district again is subdivided into rides and footwalks ; the former comprises a tract of country in which the traders are thinly scattered, and the surveying officer is required to keep a horse ; the latter never exceeds a circuit of 16 miles. The chief officer of each collection is the collector, who is allowed a clerk ; and in two or three collections more than one clerk is required. The officer next in point of rank is the supervisor, who is in charge of a district; and afterwards come the ordinary surveying officers. There is always one supernumerary in each collec- tion, and in many there are officers called assistants and expectants. The salaries of collectors vary from £350 to £550, the general rate being £400 a-year. The salary of supervisors is £200; of officers, £100; of assistants, £85; of supernume- raries, £52 ; of collectors' clerks from £115 to £150 ; of expectants £50 a-year. When these last are employed as officers, they receive an additional allow- ance at the rate of £30 a-year; and supernumeraries in like manner receive an addi tion of £38 a-year. The collectors find security to the amount of £5000 ; super- visors provide a bond of £1000; and all other classes in the service give security to the amount of £200. The following is an Abridgment of the Statutes under which the Excise Establish- ment is regulated— 7 & 8 Geo. IV. c. 53 ; 4 & 5 Wm. IV. c. 51 ; and 4 & 5 Vict. c. 20. Commissioners and other Officials. — The crown is empowered to appoint commissioners, not ex- ceeding thirteen in number, for the collection and management of the excise duties of the United Kingdom; they are subject to the directions of the Treasury. The Treasury have the appointment of a comptroller and auditor for the United King- dom. The commissioners appoint the proper col- lectors, officers, clerks, and others, for the collec- tion of the duties, not exceeding the number fixed by a gen eral order from the Treasury. They pro- mote, suspend, and dismiss officers, and regulate theirsalaries, allowances, and expenses. No per- son, holding any office in connexion with the excise, EXG 293 EXC is to deal in excisable commodities, under penalty able on the proprietor by the act applicable to of forfeiture of his office, and incapacity to fill the particular manufacture ; and any officer any other connected with the excise. Any officer may, either at the time of discovery or after- connected with the excise who asks or takes a wards, bring a person discovered in the act bribe directly or indirectly, or enters into an , before a justice of peace, by whom he may bo agreement, to conceal or connive at any infringe- summarily amerced in the penalty, or, on fail- ruent of the excise laws, or to omit performing ure, be imprisoned, with hard labour, for three his duty, is liable to a penalty of £500, and to be rendered incapable of serving in any govern- ment office. The same pecuniary penalty is in- curred by any individual who may corrupt or attempt to corrupt an officer to such breach of duty. When any such punishable transaction takes place between a private party and an offi- cer connected with the excise, either party giving prior information which leads to the conviction of the other is indemnified. Where officers would share in penalties or forfeitures, if they are found to have acted collusively, as above, or negligently, they lose their portion. Entry of Premises, SfC— Every person obliged by any excise act to make entry of his premises or utensils, does so by giving an account, accord- ing to the terms of the particular excise act, to the officer of the survey, to be entered in the general entry-book ; the penalty for omission is £200. A person employing entered premises, for other purposes than those for which they are entered, forfeits £100. No second entry can be made in name of any one but a partner ; but if any person vacate his premises without with drawing his entry, the commissioners may cou sider it withdrawn, and permit a new one. The entry must be made by a person who has attained the age of twenty-one, and by the real owner ; but whoever makes it, or uses the premises, is responsible. Entry by a joint-stock company or corporation must be made by the managers, or four of them if they exceed that number. Every entered building, place, or utensil, must be dis- tinguished by a number painted on a conspicuous part of it, and the proprietor must paint all fixed pipes, and describe their direction and purpose at the requisition of the surveyor, tinder penalty of £100. A book called "a specimen" maybe deposited in any entered premises, for recording the entries of the officers who survey the pre- mises, and any person other than an officer of excise secreting, carrying away, destroying, or making entries in, this book, is liable to a penalty of £200. Duties.— Persons carrying on business subject to excise regulations delaying to pay the duties when demanded forfeit double the value of the duties. The collector, on affidavit, may grant warrant for levying unpaid duties, in the same manner as penalties are levied, reporting to the commissioners, who may stay the proceedings or grant relief. Officers of excise are entitled to enter on pre- mises used for any business subject to excise re- gulations, and to take account of and charge any duties they may find chargeable, at any time, by night or day ; but if the entrance is to be made at any time between eleven at night and five in the morning, it must be by request, and in pre- sence of a constable, unless a different rule be established by any excise act applicable to any particular commodity. All excisable commo- dities, and utensils used in their preparation, are I must specify a day and place for the consicferatiou at all times liable for the duties, and arrears of of the case, the day being eight days after the duties, and penalties and forfeitures, incurred by notice. The decision of the commissioners or jus- the person who uses them, though they have tices may then be given in absence, as if the par- passed into other hands; but by the last excise] ties had appeared. By the last act, effects under statute, effects which have been taken account I £15 in value may be treated as condemned after of, and charged with duty, are not liable, in the | their being a month unclaimed. Where cattle or hands of a bona fide purchaser. | goods of a perisliable nature are seized, they may Smuggling. — Any person connected with the be re-delivered to the owner on his giving secur- manufacturing of excisable commodities in un- ity ; and if the owner do not appear and otter se- entered premises is liable in a penalty of £30, curity, any such property may, after the lapse of over and above the penalties which may be levi- fourteen days, be sold by auction, without being months. On a second offence, the penalty and imprisonment are doubled. The commissioners alone have the power of modifying the punish- ment. All excisable commodities and imple- ments concealed with intent to defraud the revenue are forfeited, along with the vessels for containing them, and vehicles and cattle for re- moving them; and persons concerned forfeit treble the value, or £100, as the commissioners or the informer may decide. Searching Premises, 8fc— Within the limits of the chief office two commissioners, and, in the country, a justice of peace, on an excise officer making oath of suspicion of excisable articles concealed, may grant warrant to search the pre- mises, break down obstructions, and remove ex- cisable commodities, by day or night, but if be- tween eleven at night and five in the morning, only in presence of a constable. Justices of the peace, mayors, bailiffs, constables, and the pub- lic at large are required to assist. Any constable, or other ministerial officer of the peace, refusing to assist an excise officer, forfeits £20 ; the as- sistance may be continued by such ministerial officer beyond his jurisdiction. Similar powers to the above are conferred on officers of the cus- toms. Persons who obstruct officers or their assistants making seizures, or who attempt a rescue, or injure the commodities seized, forfeit £200. Officers and their assistants assaulted or resisted with offensive weapons, in attempting to make seizures, may oppose force to force ; and if in doing so they occasion wounds or death, they may be admitted to bail. Seized and Forfeited Goods.— Officers of cus- toms seizing excisable commodities, must give notice at the next excise office, or to the super- visor, or other officer of the district, who must take an account of the goods, after which they cannot be removed without a permit. Police officers seizing such commodities, must deposit them in the next excise office, unless when it is necessary to detain them for a time as produc- tions in any criminal trial ; a penalty of £20 is incurred by neglect. Goods produced for the purpose of fraudulently obtaining a drawback, are forfeited, along with treble the value, or £100, as the commissioners or the informer may choose. Forfeited goods are publicly sold to the best bidder. No such goods can be sold for home consumption at a less price than the duty; and if such a sum is not offered, they must be sold for exportation, destroyed, or ap- plied to some public use. Goods condemned as being adulterated, or mixed with prohibited in- gredients, must be destroyed. Where no claim- ant appearsfor effects seized, notice is affixed to the excise office, specifying a day when they are to be adjudicated on. Within the limits of the chief office the notice must be fourteen days after the seizure ; and in the country it must be on the next market-day after expiration of six days, and EXP 294 EXT condemned, the owner having the choice of re- ceiving the proceeds, or the appraised value, if the final decision is in his favour, and a farther sum of compensation for the loss sustained by the seizure, at the discretion of the commissioners. Prosecutions. — No actions of any description can proceed for any penalty, forfeiture, or con- demnation, except by order of the commission- ers, or at the instance of the law officers of the crown, summary proceedings for conviction upon immediate arrest excepted. Actions for penalties and condemnations proceed before three or more commissioners within the circle of the chief office, or one or more justices of peace in the country. Information must be pre- sented within four months after the offence or seizure, notice being given to the accused within one week after the exhibiting of the information. The party receives ten days' warning to attend, by summons, except in the case of prosecution for double the value of duties neglected to be paid, when twelve hours' warning is sufficient. The justices of peace, to the number of two or more, are appointed to meet every three months, or often er if there be occasion, to hear excise prosecutions. No officer of excise can act as a justice ; nor can any person carrying on a busi- ness subject to excise regulations act in any case relating to that class of business. Convictionscon- trary to eith er of th ese regulations are null. A wit- ness summoned to appear, and having his expenses tendered, is liable to forfeit £50 if he do not ap- pear, or if he refuse to give evidence. Officers of excise and informers are competent witnesses, notwithstanding their right to receive a portion of the penalty or forfeiture, on conviction. In all prosecutions, whether at the instance of the excise, or against any officer of excise, the proof that goods have paid duty, or that they are not of a kind for which duty is exigible, lies on the proprietor or person claiming them. The justices may mitigate penalties down to one fourth part at their discretion ; but this does not extend to prosecutions for double the value of duties ne- glected to be paid. It is to be observed that the separate statutes applicable to the different ex- cisable commodities, impose their respective penalties ; and where, by any such act, a penal- ty is imposed, and, in default of immediate pay- ment, imprisonment for a limited period, the justices cannot mitigate except where they are specially empowered to do so by the terms of the act. . The commissioners of excise may mitigate or entirely remit penalties. An appeal lies from the decisions of justices to the next quarter ses- sions. Where any judgment is for the condem- nation of property, it is made effectual by a war- rant for sale ; and where it is for a penalty, it authorizes it to be levied on the goods of the party by sale, not less than four or more than eight days from the date of the warrant. On a return that sufficient effects have not been found, a warrant is granted to imprison. The law offi- cers of the crown may stop prosecutions, and the commissioners may forbear from prosecuting, or restore seizures, or compromise prosecutions. The Treasury may restore seizures before or after condemnation, and remit penalties before or after judgment. The commissioners may al- low a sum not exceeding eightpence per day to excise prisoners. All questions as to arrears of duty, penalties, forfeitures, seizures, &c. belong exclusively to the jurisdiction of the Court of Exchequer, with the exception of the questions which, as above, are decided by commissioners or justices. All prosecutions in the Court of Ex- chequer must be commenced within three years after the cause of action. In cases which the justices are empowered to decide, no defendant can bring the proceedings before any superior court, but the crown may bring any process into the Court of Exchequer by certiorari. Actions against Officers, fyc. — When an action is to be brought against any officer or other per- son acting under the excise laws, a month's no- tice in writing must be given, and it must be pur- sued within three months after the time when the cause of action arose. If the pursuer is un- successful, treble costs are awarded against him. Any officer or other person who receives notice of action, may tender amends within a month, and if they be rejected, they may be pleaded in bar of action, and on being deemed sufficient, the verdict will be found for the defender, with treble costs as above. In the case of a seizure, where decision is given for the claimant, the person who made the seizure is not liable to prosecution, if the judge report that there was a probable cause for seizure ; and in the case of a verdict against an officer for any such seizure, if the judge give a similar report, the prosecutor becomes entitled to only 2d. of damages, and to no costs. S EXPECTATION OF LIFE, a phrase improperly applied by writers on Life Insurance to the average of forthcoming years in the life of an individual. As explained in the article Interest and Annuities, it is different from the term of probable life. EXPORTATION. [Customs Regulations.] S EXTENT, WRIT OF, is a process employed at the instance of the crown for attaching the body, goods, or lands of a debtor. Extent is either in chief or in aid. The former issues against the crown's debtor, the latter against the debtor of the crown's debtor. It is a rule that an extent can only be founded on matter of record, and so if it be required on a simple contract, and without bond, a commission is issued out of the Court of Exchequer, on affidavit of the debt, to two commissioners who are authorized to inquire, with the assistance of a jury, whether the defendant be indebted to the crown in any and what sum, and to return the result of the inquiry to the court. No notice is given to the defendant of the inquiry. Where the debt is on bond, the writ may issue on the showing of the bond, accompanied by an affidavit. The affidavit on which an extent in chief is obtained, termed the affidavit of danger, must state the debt, the man- ner in which it arose, and the circumstances connected with the debtor's situa- tion, owing to which it is in danger of being lost. The fiat, which is the war- rant for issuing the extent, may be obtained at any time from the Chancellor or a Baron of the Exchequer. The writ is tested by the Chief Baron (in Scotland by the judge of the Court of Session who acts as the judge of Exchequer), signed by the Queen s Remembrancer, and sealed with the Exchequer seal. This is termed FAC 295 FAC the teste, and the goods affected are bound from its date. The writ in England directs the Sheriff to enter on the defendant's property, take his person, and inquire by jury what lands and tenements, and of what yearly values, he had at the time when he became debtor to the crown, or at any time since (or if it be on a simple contract debt, what he now hath), and what goods or chattels, debts, credits, or other assets, he, or any person in trust for him or to his use has, and to appraise, extend, and seize all such property. It is a peculiarity in Scot- land (the Exchequer law of which is in other respects derived from that of Eng- land), that real property cannot be affected by a writ of extent. In England, a jury is impannelled to inquire into the funds, and all having an interest may appear. The effect of the writ on third parties is, that the property of the debtor is bound by it from the date of the teste, into whatever hands, or for whatever consideration it may pass. All the debtor's property may be" taken under the extent, except what is necessary for himself and his family, and exclud- ing beasts of the plough if there be other chattels sufficient. Goods bona fide sold, or assigned for the benefit of creditors before the teste (though the latter turn out to be an act of bankruptcy), cannot be affected, nor can goods pawned, or on which a factor has been entitled to a lien, before that event. By the English bankrupt laws, the crown's extent is defeated by the choice of assignees, the estate imme- diately vesting in them. In sequestrations in Scotland, the vesting takes place from the date of the act and warrant in favour of the trustee. Where an extent in chief has been obtained, and debts found due to the crown's debtor, an extent in chief of the second degree may be issued, and against that debtor's debtor an extent in chief of the third degree, and so on. An extent in aid is issued for the benefit of a crown debtor, who is himself liable to an extent in chief. By 57 Geo. III. c. 117, §§ 4, 5, such extents are prohibited from being granted for simple contract debts, or to persons who become the crown's debtors by bond in the course of their trade, or as sub-distributors of stamps, or to sureties for crown debts, unless a demand be made from them. Extent in aid may be issued to the third degree. ( West on Extents. Tidd's Practice of King's Bench, $c. 1042-1083.) F. FACTOR, a commercial agent residing at a distance from his principal, and haviug the superintendence of some branch of his employer's trade in the place where he acts. A factor differs from an ordinary agent in this, that he does not represent his principal, but acts as a principal himself in his transactions with third parties. He is distinguished from a broker, in as far as he has the personal pos- session and management of the goods over which his superintendence extends. The factor carries on his commercial operations on commission. He receives consign- ments from his principal, and makes sales and remittances in return, balancing accounts from time to time. He may act without disclosing the name of his prin- cipal. He frequently holds a Del Credere commission [Del Credere]. Like other mandatories, the factor is personally responsible for whatever he may do exceeding the powers delegated to him, and where they are not expressed in the terms of his commission, his powers will be limited by the custom of the trade. He is not responsible " at all events " (as it is termed) for the safety of goods within his charge, that is to say, he is not liable for them as if he had insured them against all risks ; but he ought to bestow on them the same care as on his own property, and it would appear that he will be amenable to his employer if he do not. He is not in the general case responsible for the consequences of fire, robbery, or other accident, but there are precautions which, in certain circumstances,he must adopt. One of the most important is that of protecting his principal's interest by insurance, and if he have effects in hand, he is in all cases bound to comply with directions to insure, being, on failure, himself considered responsible. Where goods are consigned to a fac- tor, his title to them, and right to dispose of them, is generally conveyed in an in- dorsed bill of lading, but in questions with parties privy to the transaction, it is held that a letter of advice is sufficient. Where the factor has absolute power to sell, indorsement of a bill of lading while the goods are at sea will pass them abso- lutely, and bar the principal's right to stop in transitu, " and in the absence of fraud, it seems that the assignee's knowledge of the factor's character would not affect his title ; for, in order to make notice material, it must be notice of something inconsistent with the right of the assigner to do the act under which the assignee FAC 290 FAC claims, or of such circumstances as render the bill of lading not fairly and honestly assignable. But, inasmuch as the character of a factor is consistent with the power to sell, the knowledge of this circumstance would not probably be considered as any impeachment of the transaction if it would be otherwise valid " (Paley, 239, 240). A factor has a lien on the goods consigned to him, not only for charges affecting those goods, but for his general balance. The lien extends to every portion of the goods, and when they are disposed of, to the proceeds. On parting with possession, the factor abandons the lien, and goods transmitted to him with a specific appro- priation are excepted from it. (Paley on Principal and Agent.) Abridgment of the Factor's Act, (6th Geo. IV. c. 94.) § 1. Any person intrusted with goods for the purpose of consignment or sale, who ships them in his own name, and any person in whose name goods are shipped, is deemed the true owner, so far as to entitle the consignee to a hen in respect of any money or negotiable security advanced for the use of the person in whose name ' ' such goods, wares, or merchandise shall be shipped, or in respect of any money or negotiable secu- rity, or securities received by him, to the use of such consignee, in the like manner, and to all intents and purposes as if such person were the true owner of such goods:" Provided that at or before the advance the consignee shall not have notice by the bill of lading that the person in whose name the goods are shipped is not the actual owner. There is a presumption that the person in whose name goods are so shipped has been intrusted with them for the purpose of consignment or sale, the burden of proving the reverse being thrown on the person disputing the presumption. § 2. Any person in possession of a bill of lad- ing, India warrant, dock warrant, warehouse- keeper's certificate, wharfinger's certificate, or other delivery warrant, is held the true owner of the goods it represents, so far as to render valid any contract for the sale, deposit, or pledge in Becurity of advances, of the goods, provided there be no notice, as above, that the holder is not the true owner. § 3. But if the deposit or pledge be taken as a security for a prior debt owing by the person in possession, then the individual taking the goods acquires no farther title than could be commu- nicated by the one so parting with the pos- session of them. § 4. Persons are safe in contracting with agents for the purchase of goods intrusted or consigned to them, the contract being binding on the owner, though the purchaser is aware that he has contracted with an agent : " Pro- vided such contract and payment be made in the usual and ordinary course of business," and the party have not notice on entering on the con- tract, or making payment, that the agent is not authorized to sell the goods or receive the pur- chase-money. § 5. Persons may take goods, or warrants for delivery of goods, in pledge, though they receive notice that the persons from whom they receive them are but factors or agents, but no better right can be acquired in such circumstances " than was possessed, or could or might have been enforced by the said factor or agent, at the time of such deposit or pledge." § 6. Provision is made for enabling the prin- cipal to recover his property from his factor, before sale or deposit, or from the administrator of the estate on his factor's bankruptcy, or to obtain the money from the purchaser in case of sale, subject to the right of set-off between the purchaser and factor ; and to recover property pledged on satisfying the claims of the pawnee respecting it. § 7. Factors or agents pledging goods intrusted to them, and applying the money raised for their own use, " in violation of good faith, and with intent to defraud the owner or owners of such goods," become liable to transportation not exceeding fourteen years. § 8. The deposit or pledge of goods in security for no greater sum than is covered by the factor's lien is not considered fraud ; the acceptance of a bill, however, drawn by or on account of the principal, is not a debt by the principal to justify a pledge in these circumstances unless the bill be paid when it becomes due. FACTORAGE, the allowance or per cent age given to factors by the merchants or manufacturers who employ them; it is fixed by mutual agreement or the usage of trade. [Commission.] FACTOR, INTERIM, in the law of bankruptcy in Scotland, is the person who has charge of the bankrupt estate till a trustee be chosen. He is elected by a ma- jority of qualified creditors, at a meeting held on a day specified in the writ awarding the sequestration, not less than eight or more than fourteen days from the date thereof. The sheriff decides as to the election in case of dispute. Where an interim factor is not duly elected, his duties devolve on the sheriff-clerk. At the meeting to elect a trustee, he presents his accounts and vouchers, and remuneration may be awarded. If he be dissatisfied with the sum, he may appeal to the sheriff. [Sequestration.] FACTORY, an establishment of traders in a foreign land, who are governed by regulations adapted for their mutual protection, against the interference of the governments of the countries in which they reside. Such establishments were common in former times, but they have almost ceased to exist, in consequence of the greater protection now afforded to merchants in foreign parts. FACTORY SYSTEM. The term factory is now very commonly applied to an establishment in which a number of persons are employed, for the pro- duction of some article of manufacture, generally with the aid of machinery. The factory system of Great Britain owes its origin to those mechanical inven- FA I 297 FAI tions which have led to the development of the cotton manufacture; and it is in the mills in which that manufacture is carried on that the system has been brought to its highest state of perfection. The last general return respecting the number of factories, and the people employed in them, was made in the year 1835, when the number of factories in the United Kingdom was 3236, of which there were employed in the manufacture of cotton, 1304 ; wool, 1322 ; silk, 263 ; flax, 347. The number and ages of the persons working in these factories were as follows :— Between 8 and 12 years, males, 10,087; females, 10,501 ; total, 20,588 : Between 12 and 13 years, males, 17,687; females, 18,180; total, 35,867: Between 13 and 18 years, males, 43,482 ; females, 64,726 ; total, 108,208 : Above 18 years, males, 87,299 ; females, 103,411; total, 190,710: Total males, 158,555; total females, 196,818: In all, 355,373 ; of which there were employed in cotton factories 220,134 ; in woollen fac- tories, 71,274 ; in silk factories, 30,682 ; and in flax factories, 33,283. The propor- tion of females employed in factories is shown to be much greater in Scotland than in the other parts of the United Kingdom. S A very large proportion of the hands employed in those establishments, it will be seen, consists of children and young persons. There having been reason to believe that, in many cases, they were tasked beyond their strength, an investigation of the practices in this respect was made in 1832 by a parliamentary committee, and subsequently by a royal commission. The examinations which then took place proved that, although the abuses alleged to exist had been greatly exaggerated, enough remained to render legislation expedient ; and in consequence an act was passed in 1833 (3 & 4 Wm. IV. c. 103), the chief provisions of which are the fol- lowing : — § 1. No person under 18 years of age shall be al- ! nor more than 9 hours in any day, who shall not lowed to workbetween8i o'clock p.m. and 5f a.m., jbe 13 years old. except as hereafter, in any cotton, woollen, wor- § 9. Young persons whose hours of work are sted, hemp, flax, tow, linen, or silk mill or fac- i regulated shall be entitled to Christmas and Good tory, in scutching, carding, roving, spinning, : Friday as entire holidays, and not fewer than 8 making thread, dressing or weaving of cotton, half-holidays in every year, wool, worsted, hemp, flax, tow, or silk, either' § 11-14. Children whose work is restricted to separately or mixed, in any such mill, in any part 9 hours a-day are not to be employed without a of the IT. K. But the act not to extend to the medical certificate, countersigned by some in- fulling, roughing, or boiling of woollens, nor to | spector or justice, that they are of the ordinary any persons employed therein, nor to the labour strength ; a certificate of age is required from of young persons above the age of 13 years, when young persons between 13 and 18. employed in packing in any place attached to a § 17-19 Regulates appointment of inspectors of mill, and not used for any manufacturing pro- : factories and superintendents, cess, nor to any mill used solely for the manu- § 20. The inspectors are to make all rules ne- facture of lace. (cessary for the execution of the act, and to en- § 2. No person under 18 shall be employed force the attendance at school, for at least 2 more than 12 hours in one day, nor more than hours daily out of 6 days in the week, of children 69 hours in one week. | employed in factories ; from whose weekly wages §6. There shall be allowed, in the course of a deduction, not exceeding I penny for every every day, not less than 11 hour for meals to . shilling, for schooling, may be made, every person restricted to the performance of 12 1 § 26. Interior walls of every mill to be lime- hours' work. § 7. No child, except in silk mills, shall be employed who shall not be nine years old. § 8. No child, except in silk mills, shall be washed once a-year. § 27. A copy or abstract of this act to be hung up in a conspicuous part of every mill. § 45. The inspectors shall, once a-year, report employed more than 48 hours in any one week, [their proceedings to one of the Secretaries of State. FAILURE, a common term for bankruptcy. FAIR (from the Latin feria, a holiday), a greater kind of market, held at a stated time and place, to which people resort from different and sometimes distant places, for the purpose of traffic. Anciently, commodities of every kind were chiefly sold at fairs ; but in modern times the increase of towns, and the improvement in the means of communication, have tended greatly to diminish their importance ; and in this country they are now mostly confined.to the sale of agricultural produce. Principal English Fairs.* January. 20, 21. Melton Mowbray, horses and cattle. February. 24. Daventry, horses, cattle. March. 1. Bristol (10 days) miscellaneous. 2. Ashby de la Zbuch, horses, cows, sheep. 7. Higham Ferrars, horses, cattle. 25. Woodbridge, Suffolk, horses. 29. Durham, cattle, sheep, horses. April. 5. Gloucester, cheese. 8. Pontefract, sheep, cattle. 8, 9, 10. Barnet, horses and Scotch cattle. * The dates of the English fairs are filled up as they occurred in the year 1840 ; but in other years they will sometimes be different, as they are not unfrequently regulated by saints' days, or particular days of the week. When the date falls on a Sunday, they are generally held on the day following. FAI 298 FAI 22. East Ilsley (every Wednesday till July) sheep. 23. Oakingham, horses, cattle. 24. Lincoln (4 days), sheep, &c 27, 28. Boroughbridge, cattle, sheep. 29. Alton, sheep, lambs. May. 1. Reading, horses, cattle. 4. Northampton, horses. 4, 5. Boston, sheep. 6. Abingdon, cattle. — Southampton, cattle, cheese. 8. Stroud, cattle, sheep, pigs. 10, 11. Askrig, cattle. 11. Crediton, cattle. 12. Oswestry, cattle, sheep, pigs. — Totness, horses, sheep, cattle. 13, 14. Ripon, horses, sheep. 20. Swindon, cattle, pigs, sheep. 22. Dunstable, horses. 23. Appleshaw, sheep-show before Weyhill Fair. — Howden, horses. June. 1. Leicester, horses, cows, sheep. 5. Malmesbury, cattle, horses. 9. Ashby de la Zouch, cattle, horses, sheep. — Leighton Buzzard, horses. 12. Haverfordwest, cattle, horses, sheep. 13. "Whittlesey, horses, cattle. 19. Northampton, horses. 20. Hornby, cattle, horses. 22. Homcastle do. 27. Wigan, horses, cattle. 28. Higham Ferrars, do. 29. Spalding, do. July. 10. Barnard Castle, wool. 12. Thetford, wool. 21. Howden, horses. 26. Lewes, wool. August 3. Daventry, horses, cattle, sheep. 7. Barnard Castle, wool. 10. Doncaster, wool. 21. Horncastle, principal English fair for horses. — Rugby, horses, cows, sheep. 26. Ipswich, lambs, cheese. 30. Spalding, horses. September. 1. Bristol (10 days), miscellaneous. 4. Monmouth, wool. 4, 5. Barnet, sheep, Welsh cattle, horses. 11. Salisbury, sheep. 18. Woodbury Hill, kersey, druggets, &c. — Bury (Lancashire), cattle, horses, woollens. Principal Scottish Fairs. Falkirk (Tryst), 2d Monday in October for sheep, and following day for cattle and horses. Edinburgh, Hallow Fair, 2d Monday in November, cattle and horses. Doune, November, 1st Tuesday, sheep ; 1st Wednesday, cattle and horses. Rutherglen, 1st Friday after 4th May, great horse market. Beauly, or Muir of Ord, Ross-shire, monthly, except January, February, March, and December. Dumbarton, spring and summer months, for West Highland cattle and sheep. Lockerby, Dumfriesshire, August, lambs ; September, cattle and sheep. Principal Irish Fair. Ballinasloe, in Galway, October 5 (four days), cattle and sheep. The foreign fairs are described under the heads of the countries wherein they are held. " In the feudal ages, the right of holding fairs was a valuable privilege, conceded by the sove- reign to the lord of the manor ; and from the arts which the old barons used to draw crowds to their markets, perhaps Warren and Rowland might learn new ways of alluring purchasers to their marts of blacking and bear's grease. Much skill was shown in choosing the site ; the author of a Statistical "View of the Fairs of France remarks, that, on examining his work, it will appear that they were placed, for the most part, on the frontiers of the kingdom, or on the marches of ancient provinces ; or at the foot of high mountains, at the beginning or end of the snow season, which for months shuts up the inhabitants in their valleys ; or in the neighbourhood of famous cathedrals or churches frequented by flocks of pilgrims ; or in the middle of rich pastures. The devotion of the people was also turned to good account ; many fairs were held on Sundays in churchyards ; and almost in every parish a market was instituted on the day on which the parishioners were called together to do honour to their patron saint. Lest all these artifices should fail to secure a great concourse, promises of sport and fun were held out, and each fair had its own peculiar drollery." — (Deliciae Literariae, p. 66.) 19. Atherstone, horses, cows, cheese. 21. Reading, cheese, &c. 25. Howden (six days), horses, &c. — Ipswich, cheese, butter. October. 2. Howden, horses. — Woodstock, cheese. — Dudley, horses, cattle, wool, cheese. 2, 3, 4. Northampton, horses, cattle, cheese, &c. 10. Leicester, cheese, cattle. — Weyhill, sheep. 11. Holbeach, horses. 17. St Faith's, near Norwich, principal English fair for Scotch cattle. 18. Haverfordwest, cattle, horses, sheep. 19. Market-Harborough (9 days), horses, cattle. 20. Devizes, sheep, hogs, &c. 22. Burton-on-Trent, horses, cattle. 29. Horncastle, do. November. 1. Saffron Walden, cows. 5. Beverley, cattle, horses, sheep. 6. Newcastle-under-Line, cattle. — Eccleshall, cattle, sheep, saddle-horses. 7. Rochdale, horses, cattle, woollens. 8. Cirencester, cattle, sheep, horses. 8, 9. Leeds, cattle, horses, hardware. 8. Warwick, horses, cows, sheep. 13. Loughborough, do. — Farnham, horses, cattle. 17, 18. Andover, sheep, horses, leather, cheese. 20. Boston, horses. 22. Hampton Green, Scotch cattle. — Guildford, horses, cattle, sheep, hogs. 28. Gloucester, cattle, pigs, horses. — Harleston (for a month), Scotch cattle. 30. Warrington (10 days) horses, cattle, cloth. — Wells, oxen, horses, sheep, hogs. December. 1. Bury St Edmunds, cattle. — Rotherham, cattle, horses. 4. Dursley, cattle, &c. — Atherston, horses, cows, sheep. 6. Bodmin, oxen, sheep, cloths. — Higham Ferrars, horses, cattle, sheep. 7. Cheltenham, cattle, &c. 10, 11. Bewdley, hogs, cattle, horses, cheese, &c. 11. Baldock, cheese, &c. — Boston, cattle. 9, 10, 11. Bradford (Yorkshire), hogs. 14. Thirsk, cattle, horses, sheep. 17. Hornsea, horses, cattle. 28. Bridgewater, cattle, &c. FAL 299 FIG FALKLAND ISLANDS, or Malvinas, an insular group in the Southern Ocean, about 300 miles N.E. of Cape Horn, between lat. 51° and 52° 45' S. and long. 57° 20 7 and 61° 46' W. It consists of two large islands, East and West Falkland, and about 90 islets. The two former contain nearly 13,000 square miles. These islands were discovered by Davis in 1592 ; and small settlements, at different times made on them by the English, French, and Spaniards, were successively abandoned. But as, since the increase of the southern whale fishery, and the opening of the South American trade, they have again attracted attention, formal possession was, in 1833, taken of them by the British government. East Falkland, or Soledad, contains the small British settlement of Port Louis, which is situ- ated on Berkeley Sound, at the north-east point. There is sufficient depth of water for vessels of any size in Berkeley Sound, with good shelter and anchorage. The principal production of the island is cattle. West Falkland, the larger of the two islands, is at present uninhabited. The part chiefly fre- quented is Port Egmont on the northern coast. These islands are surrounded with good harbours, and the waters abound with fish, particularly a species of mullet, which is salted for the use of the shipping. There are also numerous seals and sea-elephants. The skins of the former are very valuable, and the procuring of them forms the chief inducement for vessels to resort to the islands. FANEGA, a Spanish corn measure equivalent to ljg Imp. bushel. FANEGADA, a Spanish measure for corn land, equivalent to about 1 Imp. acre 10.^ poles. FATHOM, a measure of length in many countries, equal 6 feet. It is said to have been derived from the height of a well-proportioned man. FAUX, a Swiss land-measure, equivalent to 7855 English sq. yards, or 65% French ares ; 6& faux = 10 Imp. acres. FEATHERS for ornamental dress are obtained from the ostrich and a variety of other birds, the chief of which are described under their proper heads. Bed-feathers are procured in many parts of Britain from common poultry, and large quantities are annually brought from Limerick and other ports of Ireland. Considerable imports both of feathers and down likewise take place from the countries adjoining the Baltic and other parts. The most esteemed for beds are those of the goose, and they are best when plucked from the living animal, which is done thrice a-year, in the spring, at midsummer, and the beginning of harvest, i FEE-SIMPLE, a term sometimes applied to the value of a perpetual annuity; and more frequently to an English tenure of land, in which seizure is granted to a party and his heirs for ever. FERNANDO PO, a mountainous island lying in the Bight of Biafra, 20 miles from the African coast. It is about 120 miles in circumference, and is fertile and beautiful. It was occupied by Great Britain as a naval and military station in 1827, from its supposed salubrity, and the facilities afforded by its situation for the suppression of the slave trade ; but the climate having been found to be as pestiferous as that of the other settlements on the adjoining part of the African shore, the troops were withdrawn in 1834. The principal settlement was Clarence Town, on the N. side, in lat. 3° 53' N., and long. 7° 40' E. FERRET, a cotton ware resembling tape, but much stouter, chiefly used in binding or making up articles of dress. It is also made of silk ; and tnis last is sometimes called Italian ferret. FIAT, in the English law of bankruptcy, is the act of court by which the petition- ing creditor is authorized to prosecute his complaint against the bankrupt. By 1 & 2 Wm. IV. c. 56, § 12, it was substituted for the commission of bankruptcy, formerly in use. It is issued by the Lord Chancellor, the Master of the Rolls, the Vice Chancellor, or a Master in Chancery specially authorized by the Chancellor. [Bankruptcy.] FIGS (Arab. Teen. Fr.Figues. Ger.Feigen. It. Fichi. Por. Figos. Sp.Higos), the fruit of a small tree (Ficus Carted), indigenous to the temperate parts of Asia, and now cultivated in the fertile islands of the Mediterranean, in Spain, Italy, Greece, and France. It is also grown with some success in the southern parts of England, but seldom in Scotland, except under glass. The fig consists of a pulp containing a number of seed-like pericarps enclosed in a rind ; and is of a dark purple or brownish colour, with a sweet taste. When ripe they are generally dried in ovens to preserve them, and then packed very closely in the small chests and baskets in which we import them. The tree produces a double, and in some climates, as in Syria and Barbary, a triple crop ; whence the great value attached to it in Eastern countries, where it bears fruit through a considerable portion of the year. The first ripe figs come to maturity about the end of June ; the second crop or summer fig is that which is dried ; the third often hangs and ripens upon the tree after the leaves are shed. S Fit 300 FIR In the Levant, the time of gathering the summer fig, with its attendant process of drying and packing for the European market, is one of great bustle and activity. The chief seat of this trade is Smyrna. Dried figs also form a considerable article of commerce in Spain, Italy, and the south of France ; besides affording, as in the East, an important article of food to the native population. Of late years, owing partly to a reduction of duty, the consumption of figs has increased in this country, amounting now to nearly 30,000 cwts. a-year; the greater part of which is imported from Turkey in little chests, or drums, of about 24 lbs. each. Figs are also brought from Malaga and Valencia in Spain, and Faro in Portugal. These last are mostly in packages called frails. The Faro frail = 32 lbs. ; the Malaga frail = 56 lbs. — The want of blossom on the fig-tree was considered as one of the most grievous calamities by the Jews. Cakes of figs were included in the presents of provisions by which the widow of Nabal appeased the wrath of David. In Greece, when Lycurgus decreed that the Spartan men should dine in a common hall, flour, wine, cheese, and figs were the general contributions of each indi- vidual to the general stock. The Athenians considered figs an article of such necessity that their jexportation from Attica was prohibited. Either the temptation to evade this law must have been great, or it must have been disliked ; for the name which distinguished those who informed against the violators of the law became a name of reproach, from which we obtain our word sycophant. At Rome the fig was carried next to the vine in the processions in honour of Bacchus, as the patron of plenty and joy ; and Bacchus was supposed to have derived his corpulency and vigour, not from the vine, but from the fig. All these circumstances indicate that the fig contributed very largely to the support of man ; and we may reasonably account for this from the facility with which it is cultivated in climates of moderate temperature." — " It is probable that if the fresh fig were much esteemed by the people of this country, the tree would be more extensively cultivated here in favourable situations, such as our southern coast. But it would seem from our old writers, and indeed from a common expression even of the present day, that, from some association of ideas, the fig was an object of contempt. ' Figo for thy friendship,' says Pistol." (Lib. of Ent. Knowledge; art. Veg. Sub. v. i. pp. 242, 245.) FILBERTS, the fruit of a variety of the hazel-nut (Corylus avellana), produced partly by the superiority of soil and climate where it grows, and partly by culture. The filbert is not thicker than the common nut, but is at least double the length, with a corresponding kernel. The largest of the species is the cob-nut, which is round. What is called the cluster-nut differs from the others only in the fruit being produced in large clusters at the ends of the branches. In this country, the management of the filbert is best understood in the county of Kent, especially about Maidstone, where immense quantities are grown for the London market. FILE, Files (Du. Vylen. Fr. Limes. Ger. Feilen. It. Lime. Por. & Sp. Limas. Rus. Pili), a steel instrument with teeth upon the surface, for cutting and abrading metal, wood, and other substances. When the teeth, formed by a sharp- edged chisel, extend across the surface, they are properly termed files ; but when by a sharp-pointed tool, in the form of a triangular pyramid, they are called rasps : the latter are chiefly used for wood and horn. Of files there are two varieties : 1st, Single cut, where the teeth are a series of sharp edges, appearing like parallel furrows ; 2d, Double cut, when these are crossed by a second series of similar teeth : the first are fitted for brass and copper, the second for the harder metals, such as iron and steel. Files are also distinguished according to their degrees of fineness ; the finest of all is the dead smooth; the next to this is the smooth; then the second cut; the bastard cut; the rough ; and the rubber, a heavy square file used for the coarser kinds of smith-work. They are also distinguished by their shape, as flat, half-round, three-square, four-square, and round. The coarser kinds are made from the inferior marks of blistered steel. Those formed of the Russian iron called old sable (known by its mark CCND) are excellent. The finest Lancashire files, for watchmakers, are made of the best Swedish iron, called hoop L or Dannemora. Many contrivances have been set on foot to perform the operation of file- cutting by machinery, but none of them have fully succeeded, and all the best continue to be cut by the hand. The manufacture is one of the staples of Sheffield, and the finer kinds are extensively made at Warrington and Prescott, in Lancashire. Files, besides being used in immense quantities at home, are largely exported. FIR. [Pine.] FIRE-ARMS. [Gun.] FIRE-WORKS (Fr. Feux d'artifice. Ger. Feuerwerke), well-known devices composed of explosive combustibles, generally of gunpowder along with iron, steel, copper, and zinc filings, resin, camphor, lycopodmm, and lampblack. They are divided into three classes : 1st, Those to be set off upon the ground ; 2d, Those which are shot up into the air; 3d, Those which act upon or under the water. FIRKIN, an English measure of capacity now disused. FIT* 301 FLA FIRLOT, an old Scottish corn-measure equivalent to one-fourth of the Boll. FIRM, the title under which the business of a mercantile company is carried on. FISH, FISHERIES. The term fishery is applied to those places where fish are caught in such abundance as to constitute an important article in commerce. Great Britain possesses a coast-line of above 3000 miles in extent, while that of Ireland is above 1000 miles ; and the greater part of the shores of both islands abound with those species of fish which exist in the largest number, and yield a supply of food the most acceptable. A very considerable portion of our coast population are more or less engaged in fisheries ; and the shores are indented with bays and harbours which facilitate their employment, and render it an important branch of national industry. The principal kinds of fish which are the object of systematic occupation in the British seas are the herring, cod, ling, hake, lobster, mackerel, oyster, pilchard, and salmon ; but the quantity of other fish taken is in the aggregate exceedingly great ; and the capture of whales in the Polar Seas is an employment in which a considerable though declining amount of British ship- ping is engaged, principally belonging to the north-eastern ports. The whole of these are described under their proper heads. The annual produce of the fisheries of the United Kingdom is variously estimated at from £4,000,000 to £8,000,000. S Under the present tariff the import of fish of every description, fresh or cured, is free. The northern whale fishery having failed resort has heen had lately to the high latitudes of the Southern Pacific ocean. But the principal fishery is on the Great Bank of Newfoundland, which In 1848 yielded 1,000,000 quintals (a quintal = 100 lbs.) of cod fish. FISH-HOOKS (Fr. Hamecons. Ger. Fishangeln), well-known instruments made of the best, smooth, sound, steel-wire; those for salt-water fishing being frequently tinned to prevent them wearing rapidly away in rust. In the United Kingdom they are manufactured chiefly at Redditch, in Worcestershire. Fish-hooks, besides i«ing extensively used in this country, are largely exported. FISH-MAWS, a term applied in Oriental commerce to the sonnds of fish which is largely exported from the eastern islands to China. It is a favourite article of luxury with the inhabitants of that country, often bringing $75 per pecul in the market of Canton. FITCH, the fur of the pole-cat, is principally brought from Germany; it is soft and warm, but its offensive odour tends to depress its value. FLAG, the ensign borne on the mast of a ship to designate the country to which it belongs : in the royal navy it is likewise made to denote the rank of the officer by whom the ship is commanded. The ensign to be worn on all British merchant vessels is ordained by proclamation, dated 1st January 1801, to be a red flag, having in the upper and inner corner, next the staff, the crosses of St George, St Andrew, and St Patrick, blended on a blue ground. None of her Majesty's subjects are permitted to hoist in their vessels the union jack, or any pendants or colours usually worn in her Majesty's ships, and prohibited to be worn by proclamation of 1st January 1801, under a penalty not exceeding £500 ; and any officer of her Majesty's navy, or customs, or excise, may enter on board, and seize and take away such colours, which shall thereupon become forfeited. (4 Wm. IV. c. 13, § 11.) FLANNEL (Fr. Flannelle. Ger. Flanell), a well-known, slight, loose, woollen stuff. In this country the finest kinds are made in Wales, principally in Mont- gomeryshire, and within a circle of about 20 miles round Welchpool. Flannels are also manufactured at Bury, in Lancashire ; in Shropshire ; and to a small extent in Wicklow, in Ireland. [Woollen Manufacture.] FLAX (Du. Vlasch. Fr. Lin. Ger. Flocks. It. Lino. V or. Linho. Rus. Len, Lon. Sp. Lino), an annual plant (Linum usitatissimum), cultivated in this and other countries from time immemorial for its textile fibres, which are spun into thread, and woven into linen cloth. The stem is upright and slender, having leaves placed alternately on it of a grayish colour. When about 2g or 3 feet in height, it divides itself into slender stalks, which are terminated by small blue indented flowers ; and these produce large globular seed-vessels, divided within into ten cells, containing the bright slippery elongated seeds, well known in trade under the name of Linseed. The plant will grow on almost any land ; but though easy of culture, its quality depends very much on fitness of soil and situation. Rich alluvial land (as in Zealand, which produces the best Dutch flax) is deemed the most favourable situation for it. It impoverishes the soil, whence it is often sown on rank ground, and seldom two years successively on the same spot. The plant blossoms in June or July, and ripens its seeds in August or September. Two varieties are generally distinguished, spring flax, with short knotty stems, and close flax, with longer and smoother stems : the former is called by the Germans, who FLA 302 FLA bestow much attention upon the culture of flax, Klanglein or Springlein, and the latter Dreschlein, the kind most commonly grown. The spring sort is sown in April or May, the late in June. When the flax is ripe, which is indicated by the bottom of the stalk becoming yellow, and the leaves beginning to drop off, it must be immediately pulled. The seed, however, is still immature, fit only for the oil-press, but not for sowing ; and hence if seed be the object, the plant must be suffered to acquire its full maturity, in which case the fibres are less soft and fine. The produce varies according to soil, season, and management, from 280 to 980 lbs. per acre, but the average crop may be estimated at 560 to 700 lbs. of clear fibres, available for spinning and weaving. The average quantity of seed produced from an acre is from 6 to 8 bushels. Good flax should have a yellowish, or bright silver-gray colour, inclining neither to green nor black; it should also be long, soft, fine, and glistening, somewhat like silk, and without broad tape-like portions from undissevered filaments. Tow differs from flax in having shorter fibres, of very unequal length, and more or less entangled. In this country, flax is at present partially cultivated in Lincolnshire, Somerset- shire, and Yorkshire ; in some parts of Scotland ; and in Ireland, which indeed produces a very large portion of what is required for its extensive linen manufac- tures. But the United Kingdom, generally, has always been in a great measure supplied by foreign countries. In 1820, the quantity of foreign flax entered for home use was 376,170 cwts.; which, in consequence of the late expansion of the linen manufacture, was increased in 1830 to 955,122 cwts.; and in 1840 to 1,261,292 cwts. Upwards of two-thirds of the whole imports are from Russia ; the remainder, with the exception of a small quantity brought from France, is supplied by Prussia, Holland, and Belgium. The Russian flax is classed according to its quality, and made up into bundles by braacken, or sworn inspectors appointed by government. That imported into this country is chiefly shipped from Petersburg and Riga. At Petersburg, the different kinds are distinguished bv the names of the districts in which they are produced, — as Novgorod, Pleskau, Carelia, and v esnikovsky flax. The quality and colour of the two first are very variable, from white to dark gray, also blueish, yellowish, and whiteish ; such as is not steeped in water, and called Slanetz, is of a much finer and softer harle than the common run. The Carelia is generally whiter, and of a longer and stronger harle than any other. The Vesnikovsky is of a fine silky harle, very strong, and of a grayish or silver tinge. At the public braack, each kind is separated into three classes or sorts, distinguished by the form in which it is made up for shipment: First, that which is put up into bobbins of 12 heads, each bob- bin weighing about 3£ poods, or 126 lbs. avoirdupois : Second, Bobbins of 9 heads, each bobbin weighing about 2 poods, or 72 lbs. avoird. : Third, Bobbins of fi heads, each bobbin weighing about 1 i pood, or 54 lbs. avoird. The difference of price between the sorts is generally from 3 to 4 rubles, per berkovetz of 10 poods, or 360 lbs. avoirdupois. ** Unless the supply in view be very large, and prices disproportionately high, it is perhaps ad- visable, in the Petersburg market, to make purchases before August, for in and after that month prices are very frequently found to take sudden starts, from the competition of numerous buyers, who sometimes happen to have to provide for ships waiting for cargoes; besides this, the considera- tion of the exchange usually advancing towards autumn has not to be lost sight of." (Clark's Russia leader's Assistant.) At Riga, the public braack distinguishes the various kinds of Marienburg, Thiesenhausen, Druyaner, and Livonian flax, as follows: — 1st, Sorts, crown Marienburg, marked CM; and picked Thiesenhausen Rakitzer, marked P T R. 2d, Sorts, Marienburg cut, marked M C ; Dru- janer cut, marked D C ; and Hoffs three-band, marked H T. 3d, Sorts, Risten three-bands, marked R T ; and Livonian three-bands, marked L T. Lastly, Codilla, marked F C. Of the other kinds of flax imported into this country, the growths of Liebau, Memel, and Ober- Iand are held in little esteem. Those of Holland and Belgium, however, are well dressed, and of the best quality. The chief ports in this country for the importation of foreign flax, are Dundee, Hull, and Lon- don. The following, extracted from the Dundee price-current of May 1841 , shows the comparative estimation in which the different kinds are held in our principal market : — h. 8. L. ■. Arch. Otbor.... .53 ®54 ..51 Do. Crown. . .50 Do. 4th sort.. .39 10 ..40 Peters. 12 head. .44 . 44 10 Do. 9 do.. .38 . 39 Do. 6 do.. .34 .36 Narva 12 do. . .41 .44 Do. 9 do. . .36 .— Do. 6 do. . .31 10 . — — Liebau 4 brand .40 .— Riga PTR 43 ( Do.DC 39 Do. RT 34 Do. Hoffs 41 Memel 4 brand . .38 Neust. No. 1 32 Do. No. 2 29 Konigsberg do.. .30 . Crown Podolia . .40 . Crown Druana . .40 . ,43 10 39 10 35 42 3!* — — 30 sa — — — Crown Oberland39 0@ Arch. 1 Codilla. .32 10 . . Do. 2 do. None. Do. 3 do ..26 — Do. 1 Tow.... 35 10 .. Do. 2 do 31 .. 31 10 St. Pet. Codilla. .20 . . 20 10 Riga do 23 0.. Narva do 20 10 .. 21 Pernau do. 10 .. 26 10 The duty charged up to 1825, upon foreign flax, was, when dressed, £10, 14s. 6d., and wlicn undressed, 5d. per cwt. In that year, the duty on both kinds was fixed at 4d. per cwt. ; a rate ■which was further reduced in 1826 to 3d., in 1827 to 2d., in 1828 to the nominal rate of Id. per cwt., and it is now free, rough or dressed. S FLA 303 FLO Tares, SfC. at Dundee. Petersburg flax , eenerally in bobbins, but when matted, tare 2 ll>>. per mat. lVniau, and Narva flax, always in mats; tare 12 lbs. per mat. Archangel flax, always in mats; tare 14 lbs. per mat. Leibau, Memel, and Neustadt flax, always in bobbins, and therefore no tare. Tow and codilla of all kinds, tare 14 lbs. per mat, when matted, and no tare when loose. Draft not allowed in Dundee. Credit, 6 months, unless otherwise agreed. Tare*, Sgc. at London. Petersburg flax ; draft of 2 lbs. on every scale- about 5 cwts. each when in mats. Can either have them stripped or take the real weight of mats. Tare 2i lbs. per bobbin. Narva flax, same as St Petersburg. Riga flax, always in mats; draft on each mat 1 lb. : Tare, 20 lbs. per mat or mats 3 cwts. or upwards ; 14 lbs. when under 3 cwts. ; 10 lbs. on small. Archangel and Pernau flax ; draft and tare same as Riga. Credit, 9 months. Thus, if by agreement, 6 months' bill is granted, then a discount of 3 At Hull, the commercial allowances are gen- 1 months is taken off ; again, if a 4 months' bill erally the same as in London. is granted, a discount of 5 months is taken off. New Zealand Flax is the product of a different plant {Phormium tencuc), the leaves of which yield a very strong and beautiful fibre : it has been of late im- ported in considerable quantities from that island for the manufacture of cordage. From having the defect, however, of breaking easily when made into a knot, it has proved much less useful than it was expected to be. Its cultivation has been attempted on the continent of Australia, but as yet with little success ; also near Cherbourg, Toulon, and other places in France ; and it has been introduced into Ireland, the moist climate of which is considered to be favourable to its growth. FLAX-SEED. [Linseed.] FLINT (Fr. Pierre a fusil. Ger. Feuerstein), a mineral composed almost en- tirely of silica. Few parts of the world are without it. It is used, when calcined and ground, in pottery • also for gun-flints, for which purpose the yellowish gray flints are preferred. FLORENTINE, a silk stuff, chiefly used for men's waistcoats ; it is made striped, figured, and plain, — the last being a twilled fabric. Two other stuffs are known under this name ; one composed of worsted, used for common waistcoats, women's shoes, and other articles ; the other, made of cotton, resembling jean, and generally striped, is used for making trousers. FLORIN (Ger. Gulden), a name given to different silver coins, current in vari- ous parts of the Continent, especially Germany and Holland. The imperial or convention florin, the integer of account, and principal coin in the Austrian empire, is worth about 2s. O^d. sterling ; the Dutch florin or guilder is equal Is. 8d. sterling ; which is also very nearly (Is. f^gd.) the value of the Rhenish florin (in 24k gulden- fuss), lately adopted as the integer of account by the States of Southern and West- ern Germany ; the Polish florin is equal 6d. nearly. The florin is also a German gold coin, worth about 6s. 1 Id., which is chiefly current in the countries bordering the Rhine. S FLOSS-SILK (Fr. Filoselle, Bourre de soie), the name given to the portions of ravelled silk broken off in the filature of the cocoons. It is carded like cotton or wool, and spun into a coarse soft yarn or thread for making shawls, socks, bands, and other articles, where an inferior kind of silk may be used. FLOTSAM, JETSAM, and LIGAN, are barbarous appellations used to dis- tinguish goods in circumstances at sea distinct from legal wreck, in order to con- stitute which they must be thrown on shore. Flotsam is such portion of a ship and cargo as continues floating ; jetsam is when goods cast into the sea there sink and remain ; ligan is where, though sunk, they are tied to a buoy, in order that they may be found again. All three belong to the crown, or its grantee, if no owner appear to claim within a year after they are taken possession of by the persons otherwise entitled to them. FLOUNDER, one of the most common of the flat fish (Platessaflesus), is found all round our coast, particularly near the mouths of large rivers, which it generally ascends. It spawns in February or March. The common dab, a species of flounder (Platessa limanda) frequently caught along with that fish and plaice, is considered superior to both. It spawns in May or June, and is in best condition for the table in February, March, and April. FLOUR (Du. Bloem. Fr. Fleur de farine. Ger. Feines mehl, Semmelmehl. It. Fiore. Por. Flor da farinha. Sp. Flor), the finely ground meal of wheat. Three qualities are distinguished, called firsts, seconds, and thirds. [Corn.] The barrel of flour is 196 lbs. net. FLOWERS (Artificial), imitations of flowers and leaves, which form a common article in the dress of ladies. They are extensively made in this country, but the FLU 304 FRA best are imported from France, where great improvements have been made of late years in the manufacture. The French adopt the finest cambric for making Eetals, and the taffeta of Florence for the leaves ; while, by some artists, whale- one, in very thin leaves, is, after being bleached and dyed, employed for flowers. The imitations of nature made of these last are of remarkable beauty. FLUOR SPAR, or native fluoride of calcium, sometimes called Derbyshire spar, is a mineral found in great beauty and abundance in that county and other S laces. It is procured in cubic crystals of various colours, and in the Odin mine in etached masses, from an inch to more than a foot in thickness. This variety admits of being turned in the lathe into vases and other ornaments. Fluor spar is also sometimes used as a flux for promoting the fusion of other minerals. FOOT, a measure of length, varying in different countries from about 11 to 13 inches. FORESTALLING, which seems to have originally signified an interrupting on the highway, came to embrace all attempts to prevent victuals or merchandise from reaching a public market, or to enhance their price when they reached it. Regrating, an offence associated with it in the same statute (5 & 6 Edw. VI. c. 14), is defined, " the buying of corn, or other dead victual, in any market, and selling it again in the same market, or within four miles of the place " (Blackstone, iv. 158) ; and Engrossing, another offence of a similar description, is said to consist in " the getting into one's possession, or buying up, large quantities of corn or other dead victual, with intent to sell them again " (lb.). The statute of Edward imposed severe penalties on these offences, according to the number of convictions ; but all the enactments on the subject were repealed by 12 Geo. III. c. 71. It is still held, however, by the institutional writers, that they are offences at common law, pun- ishable with fine and imprisonment, though how far the criminal law would now be extended to such cases, where there is no fraud, is very questionable. The last case litigated was that of Waddington in 1800 (East. i. 164). The inutility and impolicy of these antiquated interferences with the freedom of industry are now too obvious to require comment. FORGERY may be defined as the construction of a document in such a manner as to make it pass for the writing of a person different from the one who actually prepares it, and thereby to occasion a fraud. It may be committed not only as to a whole document, but as to part of one, e. g. by an alteration in the amount of a bill, whereby the person who has engaged for a certain sum is made to appear bound for a larger. It is in its effect on the rights of the parties to negotiable docu- ments only that it is connected with the subject of this work. No man can be made liable by his signature being forged by another, though one may in such circum- stances create a liability by acknowledging the signature as his own. In the general case, acceptance of a bill is an acknowledgment of the drawer's signature, which will make the acceptor fully liable to third parties. Acceptance is not, how- ever, held to be an acknowledgment of an indorser's signature (Smith v. Chester, 1 T. R. 654). Whoever pays a forged bill (whether a drawee, or a banker at whose house it is made payable) is presumed also to have admitted or guaranteed the signatures of the parties, and will not recover his money, unless he find out the forgery immediately, before circumstances affecting the position of other parties have intervened, and send notice on the day on which he made payment. A person so paying will not have recourse on the party who appears, through means of forgery, as drawer of an unaccepted or acceptor of an accepted bill. A party who pays for honour is under like liabilities should the name of the person he has so paid for have been forged. " Whoever," says Mr Justice Bayley, " pays a bill, should be satisfied that it is, in all its parts, genuine ; if he be not, he will pay it at his peril, and will lose his remedy against the party on whose account he pays it " (322). In the case of vitiations and alterations, this distinction has to be considered; that where, through the carelessness of the original maker of the docu- ment, facilities have been left for alteration without detection (as where room is left for adding a word to the sum and thereby increasing it), he will be responsible for what appears on the face of the paper. (Bayley, 318-324. Chitty, 286, 287, 628.) FOULARD, a kind of gauze riband made in France. FRANC, the unit of the monetary systems of France and Belgium, is a silver coin, worth about 9£d. sterling ; the Italian livre, forming the integer of account in Genoa and other places, is of precisely the same value. The Swiss franc, introduced during the existence of the Helvetic Confederation, is equal to about 1^ French franc, or Is. 2d. sterling. The mutual conversion of French and British money is, for general purposes, readily FRA 305 FRA plished by reckoning 25 francs = £1, or 100 francs = £4 j an equation which furnishes us with the following rules :- 1. To convert Francs into Pounds. Rule.— Cut off the last two figures, and mul- tiply the remainder by 4. Ex. In 2500 francs how many pounds ? 25 U0 4 Ans.£UH). 2. To convert Pounds into Francs. Rile.— Divide by 4, and add two ciphers to the quotient. Ex. In £100 how many francs ? 4 ! 100 Ans. 2500 francs. FRANCE, a powerful kingdom advantageously situated in the W. part of Europe, between latitude 42° 20' and 51° 5' N., and longitude 4° 50' W. and 8° 20' E. It is bounded N.W.andN.by the English Channel and theN. Sea; N.E.by Belgium, Lux- emburg, and the Rhenish provinces of Prussia and Bavaria ; E. by Baden, Switzer- land, and the Sardinian States ; S. by the Mediterranean and Spain ; and W. by the Bay of Biscay and the Atlantic. Including Corsica, it is divided into 86 de- partments, designed from their geographical position ; 363 arrondissements, named from their chief towns ; 2834 cantons ; and 37,187 communes or parishes. Area, nearly 53,000,000 hectares, or about 204,000 British square miles. Population in 1836, 33,540,908, or 164 to the square mile. Capital, Paris, an inland town situated ou the river Seine, and in the department of the same name, in lat. 48° 50 N., and long. 2° 20' E., about 210 miles in a direct line S.E. of London ; population in 1836, 909,126. From the expulsion of Charles X in 1830, to the abdication of Louis Philippe in February 1848, France was governed by a limited monarchy, with a house of peers, and a representative chamber of 459 members, chosen by electors paying £8 of direct taxes. In 1849, the monarchy was replaced by a republic, with Louis Napoleon, the nephew of the Emperor, for its President ; but on Dec. 2. 1851, the President subverted by military force the republic, and promul- gated a new form of rule, which before the close of 1852 was followed by the re- e-tablishnient of the empire, Louis Napoleon being declared Emperor, by 7,559,795 votes, against 5559. Physical Character.— Prance generally exhibits a level, but not undiversified surface. The moot level tracts are in the north. The elevated portions are chiefly in the eastern and southern pro- vinces. Of the two principal chains, one is connected with the Alps, the other, a branch from the Pyrenees, consists of the Cevennes, a long range of mountains, which, traversing Languedoc, divides the basin of the Garonne from the Mediterranean, and afterwards 3tretches northward in a direction parallel with the Rhone and the Saone. In Auvergne a branch of this chain spreads into a lofty region, which exhibits very striking indications of volcanic phenomena. In respect to climate, the country has been divided into three regions: the Northern, the Central, and the Southern. In the first, limited by a diagonal line from lat, 47° on the W. to 49° on the E., the waters have all a northerly course, and the temperature and produce bear a great resemblance to those of the S. of England. The Central region, bounded southward by a diagonal line, from lat. 45° on the W. to 47 3 on the E., comprises the country south of the Loire, and may be generally described as the basin of that river : this is esteemed the pleasantest part of France, the weather being generally clear and agreeable, while the vine flourishes, together with wheat and barley, oats and maize. In the southern region the climate approaches to that of Italy ; wheat gives place to maize ; the vine forms a primary object of industry, especially in the valley of the Garonne ; and the olive, the mulberry, and the orange flourish. Rural Produce.— -The country generally is highly fertile. Extensive tracts of heath occur in Guienne, Gascony, Anjou, Brittany, and Normandy, and poor districts in various other parts, but the waste surface bears only a small proportion to the arable and pasture lands. Agriculture, however, is commonly in a very backward condition. There are few large proprietors, or specula- tive farmers, who have capital ; the average size of farms is much less than in England, and there are a vast multitude of small occupations, by which a family is barely enabled to exist. The im- plements in use are besides few, and of an antiquated kind. The land is in consequence usually worked, cleaned, and manured in an imperfect manner; and the produce of an acre of wheat on good soil is averaged at only 15 to 20 bushels ; of barley, 20 to 25 ; and of oats, 25 to 30, or from about one-third to one-half less than on similar lands in England and Scotland, where the climate is inferior. In the northern districts adjoining to Belgium, a better system prevails ; the land in the neighbourhood of Paris is also well cultivated. In most other parts, except where maize is raised, the old plan of two or three crops and a fallow is adopted ; these last being usually ill worked and dirty. The extent of the arable land is at present estimated at nearly 57,000,000 acres (23,000,000 hectares) ; and, according to a recent statement, the produce in*1835 was as follows :— Wheat, 72,f>00,000 hectolitres ; oats, 49,000,000 hectolitres ; rye, 33,000,000 hectolitres ; barley, 18,000,000 hectolitres; maslin, or mixed corn, 12,000,000 hectolitres ; buck-wheat, 5,000,000 hectolitres ; maize and millet, 7,000,000 hectolitres ; pease and beans, 3,500,000 hectolitres ; other small grains, 4,000,000 hectolitres ; total grain, 203,500,000 hectolitres. Potatoes, 72,000,000 hec- tolitres; chesnuts, 2,000,000 hectolitres. The woodlands occupy about one-seventh of the whole surface, but their produce is hardly suf- ficient for the consumption of a country where timber, besides being the chief combustible, is in constant request for other purposes. The varieties of climate and position are favourable to the growth of all kinds of European and many exotic trees, including the cork-tree, which is cultivated in the departments of the south-west. The forests are principally on the highlands in the eastern part of Central France ; the ancient province of Bretagne being, on the other hand, the most destitute of wood ; but upon the whole it is pretty generally distributed. About one-seventh of the woodlands, consisting of 1473 different forests, belong to the state. The vine, next to wheat, is the most important object of cultivation throughout the whole king- dom, except in the departments of the north and north-west; and the amount of land thus occu- pied is estimated at 2,134,822 hectares, or about 5,275,450 acres. The growers of wine are esti- FRA 806 FRA mated at nearly 2,000,000 ; the quantity annually produced at 40,000,000 hectolitres (880,000,000 gallons), worth about £22,000,000 ; while the duties imposed on its consumption amount to nearly £3,000,000. The departments in which the vineyards are chiefly situated are the Gironde, which yields about 2,500,000 hectolitres yearly, and furnishes the wine known in England under the name of claret ; Charente-Inferieure, about 2,500,000 hectolitres ; Herault, upwards of 2,000,000 hecto- litres ; Charente, 1,700,000 hectolitres ; also Dordogne, Gers, Gard, Lot-et-Garonne, and Var ; but those of Maine, Aube, and others, forming the ancient province of Champagne, as well as those of Cdte d'Or, and Sadne et Loire, comprised in Burgundy, though yielding a smaller quan- tity than many others, are distinguished for the superior quality of their wines. About one-sixth of the wine is converted into brandy ; that U3ed for exportation is chiefly made in the Bordelais, but the best is that of Charente, which furnishes the Cognac. [Wink. Brandy.] Beet is extensively grown for the sugar derived from its root ; its culture is chiefly pursued in the departments of the N. and E., and part of the centre ; the two arrondissements of Lille and Va- lenciennes, in the dep. du Nord, however, furnish one-third of the whole quantity made. This branch of industry has much increased of late years. Of the fruits, the mulberry, reared for the nourishment of the silk- worm, is one of the most important ; it is chiefly grown in the S., par- ticularly in the departments of Gard, Drome, Vaucluse, and Ardeche; in 1835, the quantity of silk cocoons obtained amounted to 9,007,967 kilogrammes. Apples and pears are plentiful in the departments of the N. and N.W., where the culture of the vine ceases, and cider and perry are the ordinary beverages of the inhabitants. Chesnuts are so abundant in some of the central and southern departments that they supply a large portion of the food of the population of the rural dis- tricts. The olive, orange, lemon, and pistachio are produced on the shores of the Mediterranean, but are not equal to those of other countries ; the best olive oil is that of the dep. Bouches-du- Rhone and of the neighbourhood of Aix. The domesticated animals are, for the most part, similar to those of Great Britain. According to Berghaus, the live stock in 1840 amounted to 1 ,872,600 horses, 6,793,400 cattle, 39,000,000 sheep, 3,350,000 mules and asses, 4,500,000 hogs, and 900,000 goats. The horses are generally of inferior breed ; but great pains is at present bestowed on their improvemenj. The rearing of cattle is pretty general, especially in the mountainous regions, where the ox is preferred to the horse for farm- labour. The oxen of Gasconyare the largest, and the navy is entirely provisioned from them; but Paris is mostly supplied from Anjou. The cheese of Dauphiny, Franche Compte, and the Ferez mountains is much esteemed. The best butter is made in the N., particularly in Brittany, Normandy, and the vicinity of Boulogne, from whence considerable quantities are exported. The sheep-wool, of which the annual produce is about45,000,0U0 kilogrammes, is usually ofa coarse descrip- tion ; only a small portion of the native breeds having been crossed with the Merino and other fine kinds. The goats are mostly in the Alpine and Pyrenean cliffs ; in the latter of which the Thibet goat has been naturalized. "The hogs are most abundant in the E. and N.E. departments, where they supply the means ofa considerable provision trade. The Mines are chiefly under the control of government, by whom the kingdom is divided into six departments, which are placed under an equal number of inspectors, who, with the Minister of the Public Works, compose the Council -General of Mines. In Paris there is a theoretical school, and at St Etienne one for practical men. Coal is worked in thirty-three departments, but the annual produce is only about 20,000,000 metrical quint ds ; the most productive districts are near Valenciennes in the N., and St Etienne in the S., but it is also dug in the departments of Saone et Loire, Aveyron, and Gard. Iron is produced annually to the extent of 18,000,000 metrical quintals. The quantity smelted has been much increased of late years, but the quality being inferior, it maintains its ground against that produced in other countries only by means of protect- ing duties. The principal iron-works are in the vicinity of Nevers, and the district of Forez, about St Etienne. Rock-salt and brine-springs exist in the department of Meurthe. The only other mineral products that need be noticed are, — silver, found in the department of Isere ; copper, chiefly in the neighbourhood of Lyons; lead in the departments of Finistere, Isere, Lozere, and Vosges ; besides which, manganese, antimony, clay for porcelain, bricks, and tiles, gypsum, chalk, and slate, are obtained in various places. In Manufactures, France ranks next to Great Britain, and in the vear 1839, the estimated value of the goods produced was, fr. 2,330,000,000 ( £93,200,000). But in several branches, as afterwards noticed, the industry of the country has been misdirected by a vicious anti-commercial system of legislation. The principal manufactures are those of silk, woollen cloth, linen, cotton, iron and hardware, leather, and sugar. The French silks are distinguished by superior taste and elegance, qualities for which they are unrivalled in any other part of Europe, or indeed of the world. The number of looms in 1839 was estimated at 85,000, employing 170,000 hands; and their annual produce at fr. 300,000,000 (£12,000,000). This truly national manufacture is principally carried on in the vicinity of the districts where the raw silk is produced. Its chief seat is Lyons ; but it likewise exists on a con- siderable scale at Nimes, Avignon, Annonay, Tours, and Paris, at which last it has recently received a great augmentation. Ribands are made at St Etienne, and St Chamond near Lyons. The woollen manufacture, besides being of great importance, is also one of those that appears well adapted to the country ; and of late years it has increased materially. The estimated value of the goods manufactured in 1839 was fr. 265,000,000 (£10,600,000). Its principal localities are as follow :— Broadcloths are made at Elboeuf, Louviers, and Vire, in Normandy ; at Abbeville ; at Sedan ; and in the S. at Carcassonne, Lodeve, and Castres : light fabrics, at Paris, Rheims, Amiens, and Beauvais : hosiery, at Paris, Troyes, Orleans, and at different places in Picardy ; and in the S. at Nimes, Lyons, and Marseilles: carpets, at Paris, Abbeville, Aubusson, ahd Felletin : shawls, including cashmeres, are made at Paris, Lyons, Nimes, and St Quentin. Linens of the finer kind are produced at St Quentin, Cambray, Valenciennes, Douay, and other places in French Flanders ; coarser linens and sailcloth, in Bretagne. The manufacture besides exists in Dauphiny. Lace is made at Alencon, Caen, and Bayeux, in Normandy ; also at Valenciennes, Douay, and other places. The annual value of these different manufactures is estimated at fr. 260,000,000 (£10,400,000). The cotton manufacture is carried on principally in the N. and E. departments. Its chief seat is Rouen, the Manchester of France ; to which town it bears the further resemblance of being situated within nearly the same distance of Havre that Manchester is from Liverpool. This ma- nufacture also exists on a very considerable scale at Paris, Troyes, and St Quentin. Printed FRA 307 FRA calicoes are made at Rouen and Beauvais; and at Cohnar and Miihlhausen, in the department of Ilaut-Rhin. This manufacture, under the influence of high protecting duties, has increased Guter than any other since 1815, and it now nearly supplies the home demand. But beyond this limit it will not probably be much advanced ; as, although the French excel in the brightness and durability of their dyes, their machinery is more expensive and less improved than that of Great Britain, while their coal costs about double what that mineral can be procured for in Man- chester and Glasgow. The estimated value of the cotton goods manufactured in 1839 was fr. 225,000,000, or £9,000,000. Wrought-iron goods are made at Grossure, Vienne, St Bonnet-le-Desert, and Vierzon ; steel articles, near St Etienne, Arc near Gray, Raveau, and La Doue near La Charity, Orleans, Foix, and Beze ; brass and zinc wares at Rouen and Paris ; tinned-plate wares at Imphy, Pont St Ours, and Montataire ; wire and nails at I.aigle, Lods, Morvillars, and Romilly ; tools at Amboise, Toulouse, Arc, Foy, and Klingenthal ; firearms and other weapons, at Tulle, Paris, St Etienne, and Klingenthal ; hardware, at Paris, Strasbourg, Chalons-sur-Marne, Thiers, Chatellerault, and Langres : the total annual produce of these different manufactures is estimated at fr. 215,000,000 (£8,600,000). Bronze goods, chiefly at Paris. Those of copper, at Romilly, Imphy, Rouen, Tou- louse, and Paris ; and of lead, at Paris and Tours. Goods of tin, platina, mercury, and antimony, chiefly at Paris, at which city are likewise the principal sugar-refineries, and manufactories of soap, hats, furniture, starch , lacquered goods, gold and silver lace, goldsmiths' wares and jewellery, chemical articles, musical instruments, and watches : watch-machinery, however, is chiefly made at Beaucort, St Nicholas d'Aliermont, Besancon, and Montb£liard. Paper and paper-hangings are manufactured at Annonay, Sorel, Saussaye, Paris, Vienne, and other places; leather, including gloves, at Paris, Sens, Lonjumeau, Grenoble, and Toulouse ; porcelain, at Paris, Sevres, and Limoges ; and wedgewood and other earthenware, at Sarreguemines, Creil, and Montereau. Glassware, at St Gobin, St Quirin, Montherme", and Cirey. Perfumery, in the southern depart- ments. Sugar from beet-root is chiefly made in the north; a branch of industry, which, first in- troduced during Napoleon's anti-commercial system, has greatly increased of late years. The produce of 1838 was estimated at 50,000,000 kilogrammes; but its existence is entirely dependent on the continuance of the present high duties on foreign and colonial sugar. Steam-engines are now generally in use, ai:d about two-thirds of them are of French manufacture. Paris is the principal seat of the bcok-trade ; but Lyons and Avignon are also important literary marts. This trade has increased greatly since 1815, though it suffers much from piratical practices in Belgium and Switzerland, where most French works of merit are almost immediately reprinted. All the French booksellers are licensed, and obliged to conform to certain prescribed rules. The Fisheries on the coast are not of much importance ; the principal are those of pilchards, off Brittany ; of herrings, at Dieppe ; of turbot, mackerel, &c. between Dunkirk and St Valery ; of oysters, at Cancale Bay and the mouths of the Seine ; and of anchovies, on the Mediterranean coast, especially off the department Du Var. In 1838, the number of boats engaged in the coast fisheries on the Atlantic was 4626 ; tonnage, 38.008 ; crews, 21 ,994 : On the Mediterranean, boats, 1260; tonnage, 5931; crews, 5213; total boats, 5886; tonnage, 43,939; crews, 27,207. The cod-fishery on the Bank of Newfoundland, and at the French islands of Miquelon and Pierre, is chiefly prosecuted by vessels fitted out from Dunkirk, Marseilles, Granville, Bordeaux, and La Ro- chelle ; the number employed in 1838 being 477 ; tonnage, 57,954 ; crews, 11,361 ; and the produce consisted of 432,812cwts. wet fish; 2/6, &58cwts.dry; 34,234cwts.oil; and 17,560 cwts. sounds. Inthe same year, the whale-fishery employed 21 ships (chiefly from Havre), their aggregate tonnage being 8610, and crews 690. The cod and whale fisheries are mainly supported by a system of bounties. Internal Trade and Means of Communication.— The difference between the climate and produc- tions of the northern and southern divisions of the kingdom affords ample scope for exchange, and the internal trade is in consequence somewhat considerable, having greatly increased since it was emancipated from the miserable system of provincial duties under which it laboured prior to the re- rolution. The means of communication, however, will not bear comparison either with those of Great Britain or the United States. The roads are divided into royal, departmental, and commu- nal, the expenses of which are respectively defrayed by the government and the departments or com- munes to which they belong. The first, in 1837, extended about 22,000 miles ; they are commonly well made, — their construction and repair, as well as those of the departmental roads, which extend 23,000 miles, being under the superintendence of a central board ; but the communal roads, which are under no such control, are mostly in a very bad state. Few railroads have yet been laid down ; the principal being those between Paris and St Germain, and from St Etienne to Lyons. But sur- veys have been made, and reported to the Chambers, of five different lines, with branches, which it is considered desirable should be undertaken. These lines are, 1st, From Paris to Rouen, Havre, and Dieppe, with branches to Pontoise and Beauvais. 2d, From Paris to Lille, with branches to Valenciennes, Calais, Boidogne, and Dunkirk. 3d, From Paris to Strasbourg, with branches to Metz, Vitry-le-Franeais on the Marne, and Gray on the Saone. 4th, From Paris to Lyons and Marseilles, with branches to Melun and Gray. 5th, From Paris to Orleans, Tours, and Bordeaux , with branches to Poitiers, Nantes, Louviers, and Elbceuf. The extent of these projected lines is about 3125 English miles, and the estimated cost of their construction, fr. 908,000,000, or £36,3:0,000. The extent of water-communications was estimated in 1837 at 7866 miles, of which about five- sevenths were contributed by means of navigable rivers, and two-sevenths by canals. Of the for- mer, the principal are the Seine, the navigation of which commences at Troyes ; the Vilaine, com- mencing at Rennes; the Loire, commencing at Roanne ; the Dordogne, near Souillac ; the Garonne, a little above Toulouse ; and the Rhone, which, though liable to interruption after it leaves the Lake of Geneva, recommences a little above Seyssel, on the frontier toward Savoy, and remains open during the rest of its course. The principal existing canals are as follow :— The Great Canal of Languedoc, or du Midi, which joins the Garonne, at or near Toulouse, with the port of Cette, and thus connects the Atlantic with the Mediterranean. It was opened in the reign of Louis XIV. a. d. 1681 , and is one of the most magnificent canals in the world. The canal of Charollais, or du Centre, which connects the Loire, near the junction of the Arroux, with the Sa6ne, at Chalons- sur-Sa6ne. The canal of the Rhine and Rhone or du Monsieur, which connects these rivers by joining their tributaries, the Doubs and the 111. The canal of Burgundy, which joins the Sadne with the Yonne, and thus connects the Seine with the Rhone and Rhine. The canals of Briare and Orleans, which unite the Loire with the Loing, a tributary of the Seine. The canal of Brittany, the FRA 308 FRA longestof all (230 miles), which runs between Nan tee and Brest. The total number complete in 1837 was 74 ; besides which, 16 were in process of construction, and 14 others were projected. The External Trade, though considerable, is by no means commensurate with the natural produc- tive powers of the country, its advantageous position, or the ingenuity and enterprise of the people. This is mainly to be ascribed to the system acted upon by successive governments of protecting native industry, and excluding foreign products, with the view of rendering France independent of other countries. This system was introduced in 1667 by M. Colbert, then minister of finance to Louis XIV. ; and the prestige that has attached to his name has tended materially to prolong this regulating mania. Its depressing effects are now seen and acknowledged by the generality of the mercantile class, and even by the government ; but the influence of both has hitherto been over- powered and superseded by a combination of the sinister interests which it has been the means of creating; and even since the return of peace in 1815, the ordonnances of a pernicious tendency have been many and stringent, while those of a liberal character have been few and unimportant. The principal articles of export are, — wine, brandy and liqueurs, salt, raw silk, wax, tallow, hides, wool, olive, rape, linseed and other oil, tobacco, flax, iron and steel, and colonial pro- duce re-exported ; besides the following manufactured goods, namely, silks, woollens, linen and hempen cloth, cottons, hardwares, perfumery and articles of fashion, hats, jewellery, and household furniture. The chief articles of import are, — of raw materials, silk, wool, hemp, flax, and cotton ; of metals, iron and steel, lead, copper, tin, and bullion ; of manufactured goods, hardwares and linen yarn ; of colonial, tobacco, sugar, and coffee ; besides the following mis- cellaneous articles, raw hides, tallow, bones and horns, olive oil, hard woods for cabinet ware, cheese, sulphur, and wax. The export and import of flax are nearly equal ; of the coffee and tobacco imported, about one-half is re-exported, and of the sugar about one-seventh. The export of wax is about half the import ; that of raw hides, one-fourth to one-third. The foreign trade has increased greatly since the peace of 1815. During the continuance of war the commerce of the Atlantic ports was completely ruined, and that of the Mediterranean greatly harassed and interrupted by British cruisers ; and the average annual amount of exports in the three years 1816, 1817, and 1818, was only £17,429,533 ; but in the course of the succeeding 20 years this amount was doubled, the average of the three years, 1836, 1837, and 1838, having been £35,670,531. The following tables show the nature, amount, and distribution of the foreign trade in the year 1838 :— Statement of the Value of Merchandise imported into, and exported from France, dividing the Articles into certain Classes, and distinguishing the Trade by Sea and by Land, in the Year 1838. DESCRIPTION. Animal Productions. Live Animals Animal Produce Produce of Fisheries Materials for Medicine and Perfumery Hard Substances for Carving Vegetable Productions. Farinaceous Food Fruits Colonial Produce Vegetable Juices Medicinal Substances Common Wood (Timber) Exotic Woods (Hard Woods) Fruits, Stalks, and Filaments, for manufacturing purposes Dyes and Tanning Stuffs . .. Other Produce and Waste . Mineral Productions. Stones, Earths, and other Fossils Metals Manufactured Goods. Chemical Preparations .... Prepared Dyes Colours Various Compositions Liquors, of all kinds Vitrifications Threads Woven Goods and Felt Paper, and Fabrications of the Various Manufactures . . Total. . EXPORTS. 42,843 118,596 719,686 ,404,809 ,449,610 108,529 828,530 239,361 ,737,311 181,178 16,180 427,236 1,650,030 239,101 1,286,438 13,076 103,283 45,832 43.524 865;357 1,840,229 42,795 934,447 134,802 854,488 273,532 1,173,361 57,086 4,461,895 1,488,879 17,525 507,400 3,622 126,054 1,335,930 242,983 121.845J 4,859,156 26,909, 208,087 64,819 80,999 671,324 409,552 22.305 24,102 16,012 1/3,122 8,640 35,809 131,277 2,918,337 39,025 917,175 1,098,560 2,059,582 261,406 1,310,540 29,088 276,405 54,472 79,333 996,634 4,758,566 81,820 1,851,622 824,642 347,156 1,031,563 657,245 49,060 163,492 37,813 292,766 439,578 81,020 155,327 314,005 5,870 ,517 ,5f,7 ,706 286 204 37 701 2,635 538,958 92,169 11,936,244 3,452,205 25,168,553 12,313,626 37,482,179 27,791,154 10,445,152 38,236,306 4,670 919 85,771 82,719 307,728, 123,024 21,036, 102,499 6,489 718,369 113,717 286,253 30,820 16,650 910,413 429,875 1,339,291 780,269 70,096 265,991 44,302 1,011,135 720,204 140,859 269,044 600,258 99,342 145,833 40,875 337,077 262,653 147,228 107,257 4,880,429 16,816,673 386,212 350,350 78,432 038,7a3 898,472 210,266 1,381,330 607,798 ,833,535 FRA 309 FRA Statement showing the Amount of the Import and Export Trade of France with the different Countries of the World, in the Year 1838. Europe, Russia Sweden Norway. Denmark Prussia Hanse Towns. Mecklenburg-Schwerin . Holland Belgium Great Britain Portugal, Azores, &c . Spain Austria. Sardinian States Two Sicilies Tuscany Roman States, Lucca... Switzerland Germany Greece.." Turkev Africa. Egypt Algiers. Barbary States Cape of Good Hope and \ Mauritius / Other parts Asia. E. Indies, British, and\ Australia j E. Indies, Dutch French Imports. Exports. £ 1,592, fill* 202,711 440,339 33,144 838,762 397,352 14,124 837,359 3,723,856 3,797,701 61,080 1,418,592 206,197 4,469, 899,033 632,360 38,373 2.678,000 2,180,175 15,713 137,832 66,697 240.137 24,1/2 22,933 £ 539,828 41,655 88,576 78,556 361,594 831,018 15,275 877,014 2,206,461 5,602,145 90,113 3,033,093 411,678 2,380,815 541.782 71 '.Of)l 107,897 3,445,823 1,794,017 84,367 657,279 723,204 ! 249.194J 212,344 151,068 1,011,431 210,566 273,328 52,710 108,-' 81 57.'^55 17,361 China Cochin-China, &c. , America. United States Hayti British Possessions Spanish Danish Dutch Brazil Mexico Central America Venezuela New Granada. Peru Bolivia Chili States of Rio de la Plata French Colonies. Guadeloupe Martinique. Bourbon Senegal Cayenne St PierreandMiquelon, \ and the fisheries. J Wrecks and salvage. Total merchandise. . Specie imported (one-\ half fromGreat Britain) / Specie exported. Imports. Exports. £48,149 £11,512 53,751 33,252 5,311,827 6,827,921 290,413 202,131 28,049 459,676 602,915 35,981 151,616 8 826 379,425 918,295 176,603 324,261 106,690 13,194 51,361 70,396 19,784 17,419 890 103,895 14,376 132.333 307,348 255,319 201,113 860,474 607,708 684,496 623,78fl 844,824 549,835 212,455 472,224 109,399 136,692 488,976 227,171 14,759 37,482,179 38,236,306 6,907,087 2,288,936 44..T-;fi.2»>l 40.525.242 Statement showing the Number and Tonnage of Vessels engaged in the Foreign Trade of France, which Entered and Cleared at Ports in that Country, dis- tinguishing French from Foreign Vessels, and those employed in the Direct from those employed in the Carrying Trade, also the Value of their Cargoes, in the Year 1838. Vessels and Trade. Entered. Cleared. Vessels. | Tons. ! Cargoes. Vessels. Ton?. Cargoes. French, exclusive of coasters Foreign, in direct trade with the \ country to which they belong / Foreign, in carrying trade Total.... £ 6,081 657,084 12,695,120 6,812 ! 844,213 10,671,384 1,194 ' 170,527 1,802,044 5,557 5,126 1,194 569,882 463,342 148,123 £ 11,040,156 14,340,416 2,410,568 14,087 1,671,824 25,168,548 11,877 1,181,347 27,791,14" The number and tonnage of merchant vessels, which belonged to the ports of France on 31st December 1838, were as follows :— Of 30 tons and under, 10,623; between 30 and 60 tons, 1019; between 60 and 100 tons, 1515; between 100 and 200 tons, 1263; between 200 and 300 tons, 606 ; between 300 and 400 tons. 213 ; between 400 and 500 tons, 68 ; between 500 and 600 tons, 15 ; letween 600 and 7^0 tons, 2 ; of 800 tons (1164) and upwards, 1 ; total number of vessels, 15,326, and of tons, 696,978. The Trade between France and Great Britain is inconsiderable, when viewed with reference to the vast capabilities of the two countries to supply their mutual wants, and to their near neigh- bourhood to each other. This is to be attributedto the exclusive policy introduced by M. Colbert, and afterwards imitated in our own country ; and to the long continuance of that feverish state of mutual jealousy and hatred which was ever and anon breaking out into fierce and protracted con- tests of arms, — influences which, until a recent period, have led the two nations to act as if each had no higher interest than at any cost to keep itself independent of the other, and to their com- mercial intercourse heing, as it was in most other respects, little more than a connexion of opposi- tion. At one period, indeed, sounder views seemed likelv to prevail. In 1786, Mr Pitt concluded the treaty commonly called the Eden treaty, after Mr William Eden (subsequently Lord Auckland), the negotiator, which was favourable in the highest degree to the extension of commercial relations between France and Great Britain ; but this treaty continued in operation only until 1791, when its provisions were supplanted by a new tariff, reimposing the former prohibitory duties ; and the FRA 310 FRA system then restored may be said to have been adhered to down to the present day, at least on the part of France, in all its leading principles. At different periods since the peace of 1815, attempts have been made to extend commerce between the two countries. In Great Britain, the discriminating duty on French wines has been repealed ; the silk manufactures, formerly prohibited, are now admitted upon a scale of duties which causes a considerable trade in them to be carried on, and at various times the duties have been reduced in a considerable degree upon many minor articles of French produce ; while in France these concessions have been met with a corresponding spirit. But viewed as a whole, what has been effected is trifling, when compared with what yet remains to be done. Those great British staples, coal and iron, articles of which France is deficient, are yet loaded by her with prohibitory duties ; restrictions are likewise imposed by her on hardware, cutlery, cottons, yarns, and many other products of English industry. On the other hand, the duties levied in the United Kingdom on brandy, and even many descriptions of French silks and whies, are much too high. Happily the importance of further relaxations is appreciated by the two governments, as well as by the great body of the consumers in both countries, so that there is now some prospect that their commercial intercourse will be allowed to grow up to its natural leveL Trade of the United Kingdom with France at different Periods. Years. Official Value. Declared Value of British and Irish Produce and Manufac- tures exported to France. Imports from France. Exports to France. British and Irish produce and manufactures. Foreign and Colonial Merchandise. Total Exports. 1785 1795 1805 1815 1820 1825 1830 1835 1836 1837 1838 1839 £ 334,370 41,690 494,749 754,372 775,132 1,835,985 2,317,686 2,746,999 3,125,978 2,707,587 3,431,119 4,022,526 £ 368,037 ""l99 214,824 334,087 279,212 486,284 1,561,915 1,700,665 2,036,844 3,193,923 3,118,410 £ 354,020 78,653 353 1,228,856 829,814 892,403 181,065 505,346 644,950 839,207 691,080 514,243 £ 722,057 78,653 552 1,443,680 1,163,901 1,171,615 667,349 2,067,261 2,345,615 2,876,051 3,885,003 3,632,653 £ 298,292 390,745 360,710 475,884 1,453,636 1,591,381 1,643,204 2,314,141 2,298,3()7 The principal exports from France into the United Kingdom in the year 1839 were as follow : — Apples (official value), £20,651; baskets, £5660; books, £13,729; boracic acid, 211,093 lbs.; boxes, £13,593; brimstone, 199,104 cwts. ; clocks, £27,069; cork, 2531 cwts. ; wheat, 278,181 quarters; barley, 105,326 quarters; beans, 27,004 quarters; other grain, 8806 quarters; flour, 115,502 cwts. ; cotton manufactures, £41,700; eggs, No. 90,834,163; needlework, £19,683; flax and tow, 78,607 cwts. ; flowers, artificial, £20,933 ; furs, martin, No. 13,826; glass bottles, 1,215,426 qts. Imp. measure ; hair, human, 8861 lbs. ; hats of straw, No. 5801 ; hemp, 19,546 cwts ; leather manufactures, viz. gloves, 1 ,007,889 pairs ; boots and shoes, 48,824 pairs; and other articles, £5748 ; linen articles, viz. cambrics and bordered handkerchiefs, 34,598 pieces ; and of other sorts, £7612 ; madder, 58,044 cwts. ; madder-root, 13,211 cwts; nuts, viz. walnuts, 14,131 bushels; oil of olives, 11 ,113 gallons ; and of thyme, 6567 lbs. : ochre, 3779 cwts. ; paper for hangings, 29,444 sq. yds., and other sorts, 61,946 lbs.; pictures, No. 2316 ; platting, &c. for straw bonnets, 34,957 lbs" ; plums and prunelloes, 8169 cwts. ; prunes, 18,998 cwts. ; prints and drawings, No. 113,803 ; quinine (sul- phate of), 55,477 ounces ; rapeseed and other oil cakes, 287,933 cwts ; salt, 39,476 bushels ; seeds, clover, 26,530 cwts. ; onion, 42,399 lbs. ; tares, 22,040 bushels; silk (chiefly re-exported from Italy), raw, 1,018,901 lbs.; waste, knubs, and husks, 568,754 lbs.; thrown, dyed 1711 lbs., and undyed 212,820 lbs. ; silk manufactures, namely, plain or figured, including ribands, 220,517 lbs. ; gauze and gauze ribands, 18,127 lbs. ; crape, 3295 lbs. ; velvet, 9254 lbs. ; fancy silk net, 3582 lbs. ; lace, 1733 lbs. ; other sorts, £120,925: skins, kid, 529,995; spirits, brandy, 1,936,172 gallons; verde- gris, 62,859 lbs. ; washes, £17,963 ; water, Cologne, 54,685 flasks; wine, 485,051 gallons; wool, sheep's, 83,141 lbs. ; /oollen manufactures, £132,719. The chief articles on which an increase has taken place of late years are, raw silk and silk manufactures, wine, glass bottles, eggs, gloves, boxes, brimstone, clocks and watches, straw platting, quinine, oil-cake. The principal articles of British produce and manufactures imported into France from the United Kingdom in the sane year were as follow :— Apothecary wares (declared value), £11,049; ap- parel, &c. £22,696; irsenic, 5047 cwts. ; books, £8347; coals, 340,373 tons, £116,961 ; copper smelted from foreign ore, 84,567 cwts. £363,637 ; cotton manufactures, namely, calicoes, muslins, fustians, &e., 2,721,568 yds., £58,528; lace and patent net, 11,849,800 yds., £53,092; hosieryand small wares, £40,259; cotton twist and yarn, 70,191 lbs., £37,884; earthenware, £3099; hard- wares and cutlery, £67,478; horses, No. 418, £l9,565; iron and steel unwrought, £76,3^5; iron, wrought, £16,964 ; lead and shot, £12,776 ; linen manufactures, £247,686 ; and yarn, 12,259,254 lbs., £644,144; machinery, £182,329 ; silk manufactures, £11,648 ; silk twist and yarn, £32,980; tin, unwrought, 9795 cwts., £37,020; tin plates, £8796; wool, sheep's, 876,166 lbs., £68,176; woollen and worsted yarn, 153,329 lbs., £29,495 ; woollen manufactures, £51,493. The increase of late years has chiefly occurred on the following articles, namely : — Linen manufactures and yarn (which now amount to about two-fifths of the whole), coal, copper smelted from foreign ore, cotton lace and net, small wares, twist and yam, hardware, machinery, silk twist and yarn, and woollen yarn. Besides British products, various foreign and colonial articles are imported from the United Kingdom, the principal being, cinnamon, cochineal, unwrought copper, cocoa, Indian silks (chiefly FRA 31 1 FRA bandanas and handkerchiefs) and cottons, shellac, goat's hair manufactures, indigo, castor oil, pepper, quicksilver, precious stones, saltpetre, spelter, and cotton wool. In addition to the trade just described, a considerable intercourse is conducted by those effectual reformers of faulty tariffs,— the smugglers. This illicit trade chiefly consists in conveying brandy from France to theS. coast of England, and in introducing some descriptions of yarns and lace into the former, across the frontier by way of Belgium. A great deal of curious information upon this subject is to be found in the Reports in 1832 and 1834, by Mr Villiers and Dr Bowring, on the commercial relations between France and Great Britain ; though, since these reports were made, it is believed that in some branches, especially that of yams, the irregular trade has decreased. Principal Ports on the Atlantic. These, stated in their order along the coast from N. to S., are, Dunkirk, Calais, Boulogne, St Valery-sur Somme, Dieppe, Fecamp, Harfleur, Le Havre, Honfleur, Caen, Cherbourg, Gran- ville, St Malo, Brest, L'Orient, Nantes, Ln Rochelle, Rochefort on the Charente, Bordeaux, and Bayonne. Those of Cherbourg, Brest, and L'Orient are, as is well known, principal stations of the French navv. Of the mercantile ports the chief are the following : — Dunkirk, the* most northerly, lies in lat. 51° 2' N., long. 2° 22' E. ; pop. 25,000. The har- bour is large and commodious ; but there is a dangerous bar at its mouth. It is a free port ; and, being connected with several of the canals which intersect Belgium, it is a considerable emporium for wine, brandy, and other articles of French produce, for th^supply of that country. The New- foundland cod-fishery and the herring-fishery are also prosecute* to some extent. During the late war between Great Britain and France, numerous privateers were fitted out from it. Le Havre, in lat. 49 s 2!/ N., long. 0° 6" E. is, next to Marseilles^ the principal commercial sea- port of France. It is situated on the right bank of the Seine, $t its mouth, which is several miles wide; distant 127 miles from Paris (by road), and 42 miles frpm Rouen; pop. exclusive of seamen, 25.61& The site of the town is low. The port is comprehended within the circuit of the town, and has communicating with it three basins, capable of accommodating about 500 vessels ; but this is inadequate to the growing importance of its trade. At its entrance, which is fortified, is an old tower, built by Francis I., 70 feet in height, from whence signals are made. There are two roadsteads, — the outer or great road, in which large ships always lie, about a league from Havre, and having from 6 to 71 fathoms water at ebb ; the inner or little road, separated from the former by a sand-bank, about half a league distant, having from 3 to 3£ fathoms at ebb, but the rise of tide being about 25 feet, the largest merchantmen are enabled to enter the harbour. Being the principal port of Paris, most of the foreign and colonial produce destined for the consumption of that city is conveyed into it ; while its proximity to the district, of which Rouen is the capital, renders it the chief place in France for the importation of cotton, as well as the great centre of the trade with the United States, with which there is a regular communication by means of packets, as at Liverpool. The annual value of the imports is about fr. 200,000,000, or £8,000,000. The chief exports are silk and woollen stuffs, lace, gloves, trinkets, perfumery, wines, and brandy ; corn being sometimes exported, and at other times imported. In 1838, the total number of ves- sels that entered from foreign countries and French colonies was 1381, burden 335,687 tons ; where- of belonged to France 563, burden 129,172 tons ; to the United States 241, burden 100,860 tons; to Britain 361, burden 59,5<>3 tons. In the same year, the number of coasting vessels which entered was 3n34, burden 257,505 tons. At Havre an active intercourse is kept up, not only with Paris and various places on the coast, but with the principal ports of England, and of the N. and S. of Europe. In 1838, the number of steamers which entered was 558, burden 101,561 tons. Nantes, in lat. 47" 13' N., long. 1° 33' YV., is situated on the N. bank of the.Loire, and derives its importance and prosperity from being the port of that river. The town is ancient and of historical celebrity ; pop. 87,191. At spring-tides vessels of 200 tons come up to it ; but at other times this can be accomplished only by craft not exceeding 100 tons. Larger ships either remain at Paim- bceuf, 25 miles lower down, near the mouth of the river, or at least discharge part of their cargo there. Nantes co:. tains several extensive manufactories, shipbuilding yards, and a victualling establishment for the navy, — provisions being very cheap. The exports are wine, brandy, vinegar, grain, flour, biscuit, butter, silks, woollens, and linens. The chief imports are colonial produce, cotton, indigo, and timber. In 1838, 437 vessels, burden 65,989 tons, entered from foreign coun- tries and French colonies, and 4003 coasters, burden 135,180 tons. Bordeaux, in lat. 44- W N., long. 0°35 / W., is situated in the department of Gironde, on the W. bank of the Garonne, which here makes a considerable bend, having the city and its ex- tensive quays on its concave bank, in the form of the crescent moon. It is a very ancient town, and deservedly celebrated. Many of the houses are exceedingly elegant, and the general style of living is luxurious in a higher degree than in any other part of France, except Paris ; pop. 95,000. The approach by water is magnificent The river at its narrowest part is 720 yards ae -oss, with a depth of 16 feet at low, and nearly 30 feet at high water. The port is capable of accomi lodating upwards of 1000 vessels, and such as* do not exceed 500 or 600 tons may enter at all times of the tide. Bor- deanz is the principal outlet for the wines of the W. districts of France, and even of the southern and midland districts ; and these, more especially claret, form its staple trade. The other exports if brandy, refined sugar, cattle, hides, provisions, flour, clover-seed, • imonds, prunes, chesnuts, walnuts, cork, turpentine, resin, tartar, verdigris, linens, and coloni i produce; those are shipped to various parts of Europe, America, the French colonies, or to Ind*a. The chief im- ports are, sugar, coffee, cocoa, cotton, indigo, and tobacco, mostly from the colonies; tin, lead, copper, coals, hardware, timber, hides, hemp, horns, beef, and fish, from Great Britain, the N. of Europe, and America. Its trade is greatly promoted by the Canal of Languedoc, which joins the Garonne, and of which Bordeaux forms the embouchure towards the Atlantic. Shipbuilding and various manufactures are carried on extensively ; and there are two large fairs, one of which opens 1st March, the other on the 15th October. In 1838, 692 vessels, burden 112,025 tons, entered the port from foreign countries and French colonies, of which 99 vessels, burden 17,607 tons were British ; besides these there entered 5920 coasters, burden 233,210 tons. Principal Ports on thk Mediterranean. These, stated in their order from E. to W. are, Toulon Ca celebrated station of the French navy), Marseilles, Aries, Cette, Agde, Port-Vendres. FRA 312 FRA Cette, in lat. 43° 24' N., long. 3° 42' E., is situated in the department of Herault, on the narrow stripe of land which separates the etang or lagoon of Thau from the sea. It forms one embouchure of the Great Canal of Languedoc, a circumstance to which its rise and prosperity is alone attribut- able, as the port is not very good, nor has it the natural facilities for becoming so : it has also a canal communication with the Rhone ; pop. 11,648. The harbour, which has from 16 to 19 feet water, and can accommodate about 400 vessels, is formed by two lateral moles, with a breakwater across the entrance. The moles are fortified, and on the principal one is a lighthouse, elevated 84 feet above the level of the sea. A considerable trade is carried on in the wines and brandies of Lan- guedoc, of which Cette is the depot. The salt-works on the adjoining lagoon are pretty extensive ; as are also the fisheries, particularly that of sardines. About 130,000 tons of shipping (including coasters) enter annually. Marseilles, in lat. 43° 17' N., long. 5° 22' E., is the principal commercial city and port of France. It is seated at the upper end of a gulf, covered and defended by many small islands, and is divided into the old town, or the city, and the new. In the former, the streets are narrow, and the houses mean ; but in the latter, which communicates with the old by a fine street, the squares and build- ings are beautiful ; pop. about 125,000. Marseilles has been called Europe in miniature ; it is the resort of foreigners of all nations, and the variety, continual bustle, and medley of languages which this occasions, are among its most striking features. The harbour is an oval, of more than half a mile long, and about a quarter of a mile broad, formed by a small inlet of the sea, running east- ward into the heart of the city, which is built round it ; and is capable of accommodating about 1200 vessels. It is very safe but not deep, and frigates cannot enter without difficulty. Opposite the mouth of it, which is narrow, not permitting the entry of more than one ship at a time, are the three small islands of If, Rattonneau, and Pomegue ; and between the two last is a secure an- chorage, where vessels perform quarantine. Exports, chiefly wines, brandy, silks, woollens, hosiery, linens, corn, dried fruits, oil, soap, leather, and colonial articles. Marseilles is a great emporium for Levant produce, and it also carries on an active intercourse with Italy, Spain, the Black Sea, Algiers, and other parts of Barbary. In 1838, the number of vessels which entered from foreign countries and French colonies was 3247, burden 481 ,355 tons ; and the number of coasters 3900, burden 264,810 tons. In the same year, the number of steamers that entered was 621, burden 150,456 tons. The customs and other dues collected are estimated at £1,000,000 annually. Corsican Ports. Bastia, the principal town and port, is situated on the E. coast, in lat. 42° 43' N., long. 9° 26' E. ; pop. 12,846. The port is unsafe, and not adapted for large vessels. At its entrance is the celebrated rock " II Leone," so called from its resemblance to a lion in repose, which answers the purpose of a breakwater. Exports, oil, wine, cattle, hides, goat-skins, coral, and wood. It carries on a considerable intercourse with Leghorn, from whence British manufactures and tobacco are smuggled into the island. Ajaccio lies in a gulf on the N. side, in lat. 41° 55' N., long. 8° 44' E. ; pop. 9000. Exports, wine, oil, and coral. Measures, Weights, Money, Finances, Measures and Weights. The French measures and weights may be classed under three heads: — 1. The Metrical System. 2. The Systeme Usuel. 3. The An- cient System. 1. The Metrical System, Instituted in 1795, is used in government transac- tions, in wholesale trade, and for scientific pur- poses. It is founded upon the distance of the pole from the equator, the ten millionth part of which, denominated a mitre, is decreed to be the unit of length. The other units are — of surface, the are; of solidity, thestere,- of capacity, thelitre,- and of weight.the^rammc/ and the Latin derivatives deci (tenth of), centi (hundredth of) , inilli (thousandth of), being prefixed to that expressing the unit, serve to denominate its subdivisions ; while the Greek derivatives deca ( ten ) , hecto ( one hundred ) , kilo (thousand), myria (ten thousand), express its multiples. Thus d^ci-metre denotes the ^th of a metre, and d£ca-metre 10 metres. Metre of 10 decimetres, 100 centi-metres, or 1000 millimetres = 1093633 Imp. yard, or nearly 39$ Imp. inches ; and 32 metres = 35 Imp. yds. nearly :— 1000 metres, 100 decametres, or 10 hectometres = 1 kilometre, or metrical mile = 3280-899 Imp. feet = about 1093| Imp. yds., or nearly 5 furlongs ; and 10 kilometres = 1 myria- metre, or metrical league = 6*213824 Imp. miles, or = 6 miles, 1 furlong, 28 poles, and 2£ yds. Are (100 sq. metres), or metrical perch of 10 deciares, or 100 centiares = 119-6033 Imp. sq. yds., or nearly 3 sq. poles and 29 sq. yds. ; 100 ares, or 10 decares = 1 hectare = 2-471 143 Imp. acres = 2 acres, 1 rood, 35 sq. poles, 11$ sq. yds.; or 17 hectares = 42 Imp. acres nearly. Stere (or cubic metre) of 10 decisteres = &c. 35-316581 Imp. cubic feet or 1-308022 Imp. cubic yd. ; and 10 steres = 1 decastere. Litre (or cubic decimetre), of 10 decilitres, or 1 100 centilitres = 61-027052 Imp. cubic inches = 0.220097 Imp. gall., or about 13 Imp. pint; and 50 litres = 11 Imp. galls, nearly. 100 litres, or 10 decalitres = 1 hectolitre = 2751207, or about 2| Imp. bush. ; and 32 hectolitres = 11 Imp. qrs. nearly. 100 hectolitres, or 10 kilolitres (or cubic ! metres) = 1 myrialitre = 34-390086, or about 34 I Imp. qrs. 3\ bush. I Gramme, weighing 1 cubic centimetre of water j at its maximum of density, and containing 10 decigrammes, or 100 centigrammes = 15-434 troy grains; 1000 grammes, 100 decagrammes, | or 10 hectogrammes = 1 kilogramme = 2 lbs. 3 oz. and 4^ drams, or 2-204857 lbs. avoirdupois ; and 288 kilogrammes = 635 lbs. avoirdupois nearly ; 100 kilogrammes, or 10 myriagrammes = 1 metrical quintal = 220-486 lbs. avoirdu- pois or 1 cwt. 3 qrs. 24 lbs. 71 ounces nearly; and 10 quintals, the weight of a cubic metre of water = 1 millier or marine ton = 19 cwt. 2 qrs. 20 lbs. 13| oz. 2. The Systeme Usuel Was established in 1812 for the purposes of retail trade, in consequence of the aversion shown by the common people to the innovations of the metrical system. It tolerates the names of the old measures necessary in the inferior depart- ments of trade, while, by a slight alteration, the value of these measures is so fixed as to bear certain definite proportionsto the metrical system. Its divisions, also, instead of being decimal, are chiefly binary, from the greater convenience of the latter in small transactions. FRA 313 FRA Toise usuelle = 2 metres = 6 Imp. feet 63 ; The par of exchange with London, deduced inches. [from the gold coins, is 25 francs 22J cents, and Pied usuel = |th of the toise. | from the silver coins, 25 francs 57 cents for £) , Aune usuelle = 12 decimetres = 47i Imp. the value of the franc being in the former case inches. 9*52d., in the latter 9*39d. ; but these rates are Litron usuel = 1 litre = 1| Imp. pint nearly. ' of little use in practice, as, while in this country Boisseau usuel = £ hectolitre = 1 Imp. peck | gold forms the established medium of payment, ' in France, being undervalued by the mint re- and 3 quarts, or If peck nearly Livre usuelle = 4 kilogramme = 1 lb. 1 oz. 10| drams avoird., or 7717 troy grains. 3. The Ancient System Is still partially employed, particularly in road measure?. Toise of 6 pieds de roi = 1*9490 metre = 2*1315 Imp. yards, or about 6 feet 4| inches gulations in respect to silver, it cannot (at least in large transactions) be obtained at the rate legally or nominally given to the coin, but must be purchased at its current market-price or pre- mium. This premium, therefore, must always be taken into account in computing the metallic I par for the purpose of the London exchange. AunT^f'pJS^lTmm^L 46f Imp. ! ±* *•"*»-, J*f uar y * 1840, the quotation for inches * i gold was " 7i per mille premium," which at the Post league, of 2000 toises or 2 miles = 3*898 **% of £*> Vf lojd. per ounce (British stand- kilometres or 4263 Imp. yards; Marine league ard >»_ Produced an exchange of 2o francs 34 cents of 20 to the degree, or 60 marine miles = 5*555 *%P> and ma r d 1 e ., t l he i ranc equaled, kilometres = 6"76 Imp. vards ; League of 25 to : . . J he us 3 nc « of b^^^shout France, and of the degree = 4*444 kilometres = 4860 Imp. vards. blUs on Lo 1 i , ldon i u - 30 **** date « No days of Arpent deseaux-et-forets = 51*072 ares = i -2*3*2 Imp. acre : Arpent commun = 42*2208 ares = 1*043 Imp. acre ; Arpent de Paris = 34*1887 ares = 0-845 Imp. acre. Muid, wine measure, of 36 setiers, 144 quarts, or 288 pintes = 2 -J8 litres = 58*985 Imp. gallons. Muid, corn measure of Paris, of 12 setiers, 24 mines. 48 minots, 144 bois-seaux, or 2304 litrons = 18*72 hectolitres = 51*508 Imp. bushels. Livre (Poids de Marc), of 2 marcs. 16 onces, y, 128 gros, 384 deniers, 9216 grains = 489*5 gram- < ^f'^ K) ;^ 0) - ™e bank has since repurchased mes = 7555 troy grains ; the quintal of 100 livres 22 'Vj°°' tt ^;£ a «-**» Sf"*? reducing its actual grace are allowed. Banks, &c The Bank of France was established on its present footing in Paris in 1803, but a similar national institution existed in that city under different forms and designations, from the year 1716. It received a grant for 40 years; and its original capital was fr. 70,000,000, divided into 70,000 shares (actions), each of fr. 1000, which, however, was soon increased to fr. 90,0<>0,<00 = 107*928 lbs. avoird. Bordeaux. — Tun of 4 barriques •*= 912 litres = 200*73 Imp. galls. Velte = If Imp. galls, nearly. Money. The integer of account is the franc, which is capital to fr. 67,900,000 (£2,716,000). It cir- culates notes for fr. 500 and upwards, payable in specie on demand, receives deposits, and dis- counts bills of exchange ; it also makes advances on bullion and other securities. It likewise un- i dertakes the care of plate, jewels, title-deeds, divided into 100 centimes, and is equivalent to and securities of all kinds; the charge for which about 9Jd. sterling. Prior to 1797, the money of . ^ i t h per cent, on their value for every period of account was the livre tournois of 20 sous each, 6 m0 nths or under. Its affairs are managed by of 12 deniers. 81 livres are equal to 80 francs. 1 a governor and deputv-governor, nominated bv The modern coins are as follow :— Gold pieces the king, and by 17 regents, and 3 censors, elected °l i°/ rancs ' worth . 31s * 8 *, d - 8t « rlin ?' and P ieces by 200 of the principal shareholders. A state- of 20 francs, sometimes called Napoleons, or new ment {comp t e rendu) of the bank's affairs is Louis, equal to 15s. 10id. ; theseare minted at the published montniv, and the following is a copy rate of 3099 francs from the kilogramme of f that issued in April 1841 :— standard metal of the fineness of 9oo milliemes »___4 nt K .,n; 1 j » OJ . m. .„.„ the remedy of the mint, allowed both on the A^„„* 0f J^„„ ^ n ^„*'„^ ' O0O ' OO0H)O weight and on the fineness, varying from 3 mil- A Sw^f 1M4 * according to 1 10,000,000*00 Son l^Pie^-iBmonS co'pTer^S Amount vested in public se C urities J 5O,l 7 7,a32*80 pieces for 10 centimes, or 1 decime, contain ith &unanes 457,74673 478,958,557*04 ,500,000-00 part of silver. Of the old coins the principal are the louis d'or of 24 livres, worth about 18s. 95d., the double louis d'or, and the silver ecu of 6 livres, worth about 4s. 6Jd., with halves, quar- ters, &c. ; also the copper sou, accounted equal to -5i 1 Cent ^ ,es * * * t, *■ -. Notes pavable to order <. S'nf f*£X *2 a^ ChaTg t'- , aCCordin & *° *u Treasury account-current . tariff of 1803, is 9 francs per kilogramme of gold Sundrv accounts-current of the purity of 900 millieme* », or ■ 10 francs per £^t»1£Ste S*S . \ kilogramme of fine gold, and li per cent, on Capital of the bank silver. Hence, if a kilogramme of gold T 9 c ths fine Reserve, according to law of 1834 be earned to the mint, the amount returned in Fixed reserve -*" •**" "■ - , °*-" f™)****^™*™}** *™*****' the : Unclaimed dividends '.".'. 428,19573 of m ilvir Sh.VnV'i^ iotV ° r * kllogra . mi S e Draughts of branch banks outstanding 254,849*53 of wherftths fine_ also, 197 francs only will be Sundry accounts . . . 3,753,228*34 Contra. Bank notes in circulation , not \ fr 003 comprising branch banks J ' 1,219,310*50 90,950,412*96 62,518,059*98 4,434,500*00 67,900,000*00 10,000,000*00 4,000,000*00 returned instead of 200 francs. The fixed mint prices at which gold and silver are thus issued are termed tariff rates, and all variations in their market-prices are expressed in agios or premiums upon such rates. 478,958,557*04 The Bank of France has branches in various places ; in addition to which, there %vere in 1838 FRA 314 FRA the following other estahlishments issuing paper ; namely, the banks of Bordeaux, Rouen, Lyons, Nantes, Marseilles, and Lille. Of these six de- partmental banks, the aggregate capital, in the year just mentioned, was fr. 14,550,000 ; specie on hand, fr. 14,583,000; notes in circulation, fr. 35,199,000; deposits, fr. 7,971,000. Besides these, there is the Havre, and a variety of other joint-stock banks in the provinces. The Lahtte Bank, lately established at Paris, issues ** bank bills" bearing interest. The French commercial code recognises three kinds of commercial societies for purposes of a permanent nature; namely, 1st, Societies " en nom Collectif," or common partnerships; 2d, Societies " en Commandite," the nature of which we have already described [Company] ; and 3d, Anonymous societies. These last resemble j oint- stock companies in this country. Their capital is divided into shares ; each holder is liable only to the amount of those which he possesses ; and the business is carried on by a few individuals elected by the shareholders, who are not per- sonally responsible to the public. According to a report of the French Chambers, the number of companies of the two latter classes established in France from 1826 to the close of 1837, wa3,— Societies en Commandite, 1106 ; joint-stock com- panies, 157. Of the former, there relate to jour- nals, periodicals, and books, 401 ; manufactures, 95; coaches and modes of conveyance, 93; forges, metals, and the coal trade, 60; navigation, 52 ; banks, 40 ; insurancj, 27 ; agriculture, 25 ; theatres, 24 ; miscellaneous, 289. The shares of the companies are generally divided into very small sums, some as low as lo and 5 francs. Finances. The following is an account of the public rev- enue and expenditure for the year 1838 :— 261,852,762 55,289,000 29,279,107 35,6U6,000 Land-tax, &c. . . Poll-tax & house-tax Door & window taxes License duties . . Registration duties, fr. 174,960,000 Stamps .... 31,200,000 Sale & auction duties 5,650,000 Timber & other forest produce . . . 32,478,633 Fishing duties . . 400,000 Customs duties, &c. Salt tax .... Excise duties on li- quors, &c. . . . Sale of tobacco . . Sale of gunpowder . Sundries .... Postage of letters . Packets, &c . . Weights & measures, brevets, &c. . . Sum of ordinary taxes Revenue from Algiers Revenue from India Interest on Spanish loan Sundries, including re- payment of loans to commercial houses in 1830 .... 105,126,000 55,534,000 85,040,000 77,850,000 4,720,000 37,895,000 35,900,000 9,355,000 211,810,000 32,878,633 366,165,000 45,255,000 9,076,0C0 1,700,000 1,000,000 1,892,576 1,800,000 1,047,211,502 6,392,576 Total fr. 1,053,604,078 Or £42,144,163 Expenditure. Interest, &c. on public debt Pensions Civil list .... Chambers of peers and deputies, and legion of honour . . . Ministry of Justice . Religion . . . — Foreign affairs Public instruction 1 Interior . . . Public works, viz. Royal roads Abridges 23,260,000 Ports & internal nav- igation . . . 13,135,000 Other expenses . . 17,934,878 Ministry of war, viz. Expenditure inFrance 2i)2,189,055 Occupation of Ancona 791,552 African possessions 25,743,309 Ministry of marine and colonies : — Seamen and marines 22,966,300 Shipbuilding . . 18,(69,600 Colonies .... 7,620,600 Sundries .... 16,343,500 Administration finance . . . Collection of taxes Reimbursements of 119,870,150 53,828,134 276,016,496 52,540,000 13,000,000 3,205,300 18,685,045 35,439,50C 7,370,622 12,997,673 74,727,276 54,329,878 228,723,916 65,000,000 21,534,060 173,698,284 Total fr. 1,037,268,050 Or £41,490,722 Besides the state revenues, various taxes are levied by the communes, for defraying their own expenses: Of these the principal is the octrois, or duties levied in the towns on all goods which pass through their barriers, the produce of which is applied to defray the expenses of hos- pitals, poor-houses, and other local charges. Debt. The annual charge on account of the public debt on 1st January 1838, consisted of the fol- lowing sums : — Rentes, 5 per cent. . . fr. 147,053,472 4i per cent. . . 1,026,600 4 per cent. . . . 11,978,265 3 per cent. . . 35,905,696 Sinking fund . . . 44,616,463 Interest and sinking fund on loans for canals and bridges . . 9,936,000 Consolidated debt and sinking fund 250,516,496 Interest of Capitatu des cautionne- ments . . . 9,000,000 Floating debt . . . 10,000,000 Annuities and pensions . . 58,050,000 Total fr. 327,566,496 Or £13,102,660 The dividends on the 5, 4 J and 4 per cent, rentes are payable on 22d March and 22d Sep- tember ; those on the 3 per cents on 22d June and 22d December. The rentes are the only French securities ne- gotiable in England. They are either in bonds of various amounts, payable to the bearer, or are inscribed in the name of the holder in the record of the public debt. The former pass from hand to hand without the necessity of a written assignment; and the dividends to English holders FRA 315 FRA are payable by Messrs Rothschild, at the current in the first four years of the period owing rate of exchange, upon the coupons being left for to the expenses of the army of occupation a few days at their office. In order to assign (£18,985,524), and the contributions paid to the the inscribed rentes, however, the seller must allies (£53,585,524). A considerable augmenta- grant a power of attorney, authorizing some tion of charge was also occasioned between 1821 party in Paris to sign the transfer in the record and 1823 by the invasion of Spain ; in 1828, by book ; on completing which, a certificate of the the invasion of the Morea ; and in 1830, and sub- inscription is issued, which must be returned in sequent years, by the occupation of Algiers, case of a new assignment. The dividends on the and the state of circumstances which arose out inscribed rentes are payable in Paris, where they of the revolution in July in that year. At the can be received by an agent, duly authorized commencement of 1836, it was stated by M. by power of attorney. Humann, minister of finance, that the debt The public debt of France, after deducting the had been increased since July 1830 by about sinking fund, now exceeds £200,000,000 ster- fr. 800,000,000 (£32,000,000), entailing a charge ling. It has increased considerably since the of fr. 40,000,000 (£1,600, ooo) per annum. To conclusion of the war in 1815 ; the ordinary these causes of increased debt has to be added revenues during the 26 years that have since the hostile demonstrations which arose out of elapsed having been seldom equal to the expen- the line of policy adopted by M. Thiers in 1840, diture. This was more particularly the case and the fortifications of Paris. Abstract of Convention of Commerce and Navigation between Great Britain and France, January 26, 1826. (Her Islet' s Treaties, vol. iii. p. 123.) The two powers being animated by the de-ire III. All goods which may be legally exported offacilitatingtheconimercial intercourse between j from either of the two countries, shall, on their their respective subjects; and being persuaded , export, pay the same duties, whether such ex- that nothing can more contribute to this object ! portation be made in British or French vessels, than to simplify and equalize the navigation re- ! provided they proceed direct from the one coun- gulations of both kingdoms, by the reciprocal try to the other. And all such goods shall be abrogation of all discriminating duties levied ! reciprocally entitled to the same bounties, draw- upon the vessels of either of the two nations in ; backs, and other allowances, the ports of the other ; — have named as their | IV. The vessels of any third power shall in no plenipotentiaries, to conclude a convention for case obtain more favourable conditions than those this purpose, that is to say, his Majesty the King herein stipulated. of Great Britain and Ireland, the Right Hon- i V. Fishing boats of either country forced by ourable George Canning and the Right Hon- i stress of weather to seek shelter in"the other, ourable William Huskisson ; and his Majesty | not subject to duties or port -charges, provided the King of France and Navarre, the Prince ! they have not effected any landing or shipment Jules, Count de Polignac ; who have agreed j of goods, upon and concluded the following articles: — I VI. This convention shall be reciprocally in I. French vessels coming from or departing for iforce in all European possessions of the two France, or, if in ballast, from any place, shall i powers. not be subject in the ports of the U. K. to any VH. The cnnvc ntion to exist for 10 years from higher duties of tonnage, harbour, light, pilot- April 5, 1826; and further, until the* end of 12 age, or other similar duties than those to which ! months after either of the parties shall hi ve given British vessels, in respect to the same voyages, ; notice to the othtr of its intention to terminate are subject ; and, reciprocally, British vessels | its operation, placed on the same footing in the ports of France. But the French king reserves to himself to regu- late the amount of such duties in France accord- ing to the rate at which they may be established in the U. K. ; with the disposition, however, to reduce the amount of the said burthens in France in proportion to any reduction hereafter made of those now levied in the U. K. II. Goods which may be legally imported into the U. K. from France, if imported in French - . shall be subject to no higher duties than Additional Article* (Jan. 26, 1826). I. French vessels allowed to sail from any French possession to all British possessions (ex- cept those of East India Co.), and to import into them all kinds of goods produced in French possessions, except such as are prohibited to be imported into said colonies, or are only permit- ted from British possessions ; and the said French vessels and merchandise shall not be subject to higher duties than British vessels importing the if imported in British vessels ; and reciprocally i same merchandise from any foreign country, or as regards importations in British vessels into ~ France. The produce of Asia, Africa, and Ame- rica, not being allowed to be imported into the U. K. (except for warehousing and re-exporta- tion) in French vessels, nor from France in Bri- tish vessels, the King of France reserves to him- self to direct, that, in like manner, such produce shall not be imported into France (except for warehousing and re-exportation) in British ves- sels, nor from the U. K. in French vessels. With regard to European productions, it is understood that such shall not be imported in British ships into France for consumption, un- less laden therewith in some port of the U. K. ; and the British kin? may adopt, if he think fit, some corresponding restrictive measure with re- which are imposed on the merchandise itself. The same facilities shall be granted recipro- cally in the colonies of France. And as all for- eign merchandise may now be imported into British colonies in the ships of the country pro- ducing the same, except a limited list of articles, which can only be imported in British ships, the king of the TJ. K. reserves the power of add- ing to such excepted articles any other of French produce which may appear necessary for placing the colonies of the two countries upon a fair footing of reciprocity. H. Similar privileges, reciprocally granted to the vessels of the two powers exporting mer- chandise from their respective colonies. These two articles to have the same validity as if inserted in foresaid convention. ference to French vessels FRANKFORT, a small republican state on the confines of Bavaria, consisting of the city of Frankfort on the Maine and the adjacent territory. Area, 90 sq. miles. Population, 63,936. The government is vested in a senate, a permanent committee of burgesses, and a legislative body. The city of Frankfort is now the chief money market of Central Germany, and banking, including exchange operations, is its principal source of wealth. It is likewise a place of considerable transit FRA 316 FRI for wines, English, French, and Italian goods, German wools and manufactures, and colonial produce ; while the inhabitants of the adjacent villages, within the republic, follow the occupation of carriers through many states of Germany. Two extensive fairs are held in the city ; one be- ginning properly on Easter Tuesday, the other on the Monday nearest to the 8th of September ; but they usually commence from one to two weeks previously. The trade at these fairs, however, as well as of the town in general, which is that of an entrepdt, has declined since the establishment of the Prussian Commercial Union, the effect of which has been to remove those obstacles to free intercourse which previously existed between many of the German States. This Union was at first resisted by Frankfort, but being surrounded on all sides by confederated states, it wa3 obliged to give its accession, in order to prevent the greater evil of absolute isolation. ing to the standard of the money in which they are reckoned. Official payments are commonly made in Convention (or 20 florin rate) money ; ordinary payments in the new (24$ florin rate) standard introduced in 1838, in which the value of the florin is 19-90d., or about Is. 8d. [Ger- many] ; and bills in Wechsel - Zahlung, or exchange-reckoning. The last is an imaginary money, valued at the rate of 9 florins, 12 kreu- sers for the gold carolin,— the same coin being reckoned in Convention money at 9 florins 10 kreusers. Hence 276 exchange florins = 275 Convention florins ; and as the value of the Con- vention florin is 24'37d., we have in Wechsel- Zahlung the florin = 24-29d., the rixdollar = 36*43d., the batze, in which the exchange with London is reckoned — l-62d., and the par 148£ batzen per £l. Usance of bills not payable at the fairs is 14 days' sight. The days of grace are 4 ; but none are allowed on bills at less than 4 days' sight or date. Finances. — Annual revenue about £67,000. Public debt nearly £750,000. Measures and Weights.— The foot = 11'42, and the ell 21*54 Imp. inches, or 100 ells = 59-85 Imp. yards ; Dutch commodities, however, are commonly sold by the Brabant ell, and French commodities by the Paris aune. The ohm of 20 viertels, 80 old mass, or 90 new mass (each mass of 4 schoppen) = 31-57 Imp. gallons. The achtel or malter of 4 simmers, 8 metzen, or 16 sechters = 3-16 Imp. bushels. The heavy pound contains 2 marcs, 32 loths, or 128 drachmes ; the light pound is similarly divided, and 100 heavy lbs. or centner weight = 108 lbs. light weight ; also 100 lbs. heavy weight = 111-43 lbs. avoird., and 100 lbs. lightweight -= 103*18 lbs. avoirdupois. Gold and silver are weighed by the Cologne mark, the Frankfort standard of which contains 361 1 troy grains, and their fineness is expressed in the manner explained under the head Ger- many. .Money.— Accounts are stated in florins of 60 kreusers, or in rixdollars current of 90 kreusers ; and 1 rixdollar = If florin = 22* batzen. These denominations, however, differ in value accord- FRANKINCENSE, a name given to two very different Substances ; namely, Olibanum and Burgundy Pitch, under which heads they are respectively described ; the former is the Thus or frankincense of the ancients. FREIGHT in the contract of affreightment [Affreightment] is the sum which the merchant pays for the safe conveyance of cargo or the use of the vessel. Freight is generally said not to be strictly due, except on the arrival of the vessel with the cargo. If it has been necessary to abandon the vessel, however, freight will be earned by conveying the goods to their destination by the best method which circumstances will admit of. Freight will not be lost in consequence of interruption, such as capture and recapture. If goods be thrown overboard, in pursuance of the Lex Rhodia de jactis, freight must be paid, and ranked [Average]. If the freight is calculated by time, it begins to run from the period of the ship's breaking ground and commencing her voyage. When, in the case of a charter-party, in which the merchant bargains for carrying so much cargo, and he fail to produce the full quantity, compensation is due for the damage to the owner, by reason of his having to look out for another cargo, or to let his vessel lie partly unoccupied : this is occasionally called Dead Freight. The shipmaster has a lien on the cargo for freight; but there is none on the goods conveyed for dead freight. If the merchant demand his goods before the stipulated voyage has been accomplished, full freight is due. In a charter-party, the shipper is liable for freight, unless there be a stipulation to the contrary, and where the ship is on general freight, he is likewise in the ordinary case liable ; but there may be circumstances in which the responsibility is transferred to the consignee. " The consignee or indorsee of the bill of lading may be sued, if he have received the goods in pursuance of a bill of lading, imposing the payment of freight upon him ; at all events, in cases where there is no charter-party. But the acceptance of the goods is not of itself sufficient to impose charges in respect thereof, although other circumstances concurring with acceptance may ; and it there be not only a bill of lading, but a charter-party containing an express contract by the charterer to pay freight, the law will not, from his mere receipt of goods under the bill of lading, raise an implied promise from an indorsee to do so, in the absence of an express one." (Smiths Mercantile £.,258, 259. Sltee's A bbot, 359-424.) FRIENDLY, or BENEFIT SOCIETY, is in a late act defined somewhat vaguely to be an association " for the mutual relief and maintenance of all and every the members thereof, their wives, children, relations, or nominees, in sick- ness, infancy, advanced age, widowhood, or any other natural state or contingency whereof the occurrence is susceptible of calculation by way of average." But in practice such societies generally aim at only three objects,— 1st, The making pro- FRI ai7 FRI vision for an allowance to their members during sickness ; 2d, For an allowance in old age ; and 3d, For a payment at death. It would be difficult to trace at what precise time friendly societies in their present form took their rise. The advantages of associations of this kind, however, seems to have been appreciated at a very early period, although they did not attract the attention of the legislature until 1773, and there was no statutory enactment for their regulation prior to the year 1793, when the act was passed which is known by the name of its author, Mr George Rose. The provisions of that statute were extended and improved by others in 1795, 1803, 1809, 1817, and 1819, by which time the number of societies that had been formed in the United Kingdom was very great. But the principles upon which they should be conducted were so little understood, and their management so often confided to persons unqualified for the trust, that the common result was a speedy dissolution. Even in the best regulated, the sickness contributions had to be founded on supposition, as no steps were taken to ascertain, from actual observation, the average rates adapted to different periods of life, until this was undertaken by the Highland Society. Their report, published in 1824, was the means of arousing public attention to the errors and defects of friendly societies as then constituted ; and in 1825 and 1827 further light was thrown upon the subject by the reports of the Select Committees of the House of Commons appointed in those years. These reports prepared the way for the passing of the act 10 Geo. IV. c. 56, which, with the 4 & 5 Wm. IV. c. 40, and 3 & 4 Vict, c 73, embodies the whole of the existing statutory regulations for the guidance of friendly societies. The following are the principal enactments : — The rules, before being sanctioned, must specify the purpose of the society, and embody direc- tions for the application of the funds for such purpose, in terms of the provisions of the acts, and in consistency with the privileges conceded by them. They must specify the place of meeting of the society, and contain provisions as to the powers and duties of the members at large, and of the committees and office-bearers ; also whether disputes are to be referred to the justices of the peace or to arbiters. (10 Geo. IV. c. 56, §§3, 10, 27.) Two transcripts of the rules, signed by three members, and countersigned by the clerk or secre- tary (accompanied, in the case of an alteration or amendment of the rules, with an affidavit of one of the officers of the society, that the statutory provisions have been complied with), with all speed, after the same shall be made, altered, or amended, and so from time to time, after every making, altering, or amending thereof, shall be submitted in England and Wales to the barrister-at-law (at present John Tidd Pratt, Esq., No. 4, Elm Court, Temple, London), appointed to certify the rules of savings banks ; and in Scotland to the Lord Advocate, or any depute appointed by him for that purpose : and in Ireland to such barrister as may be named by the Attorney General ; who shall ascertain whether such rules, alterations, or amendments are calculated to carry into effect the intention of the parties, and are in conformity to law, and to the said acts, and shall give certificate of the same on each of the said transcripts, or point out in what respect the said rules are repugnant thereto ; for all which the said barrister or advocate shall receive no further fee at any one time than a guinea ; and one of such certified transcripts shall be returned to the society, and the other transmitted by the barrister or advocate to the clerk of the peace for the county wherein such society shall be formed, and by him laid before the Justices at the General Quarter Sessions, or adjournment thereof, held next after the time when such certified transcript shall have been transmitted to him; and the said Justices are authorized and required, without motion, to allow and confirm the same ; and such transcript shall be enrolled without fee, and all rules, alterations, and amendments, shall be binding from the time when certified. (4 & 5 Wm. IV. c 40, § 4.) Barrister not to be entitled to fee in respect of alterations within three years ; nor for certificate to rules, being copies of those already enrolled. (lb. § 5.) The rules shall provide, that, once a-year at least, a general statement of the funds of the society shall be prepared ; and every member shall be entitled to receive a copy thereof, on payment of a sum not exceeding 6d. (10 Geo. IV. c. 56, § 33.) In order to secure data for correct calculations of tables of payments and allowances, every society established under the acts shall, within 3 months after December 1835, and again, within 3 months after the expiration of every further period of 5 years, transmit to the certifying barrister or advocate a return of the rate of sickness and mortality experienced within the before-mentioned period of 5 years, according to the form prescribed in the act. (lb. §34, and 4 &5 Wm. IV.c.40, §6.) The office-bearers, as provided by the rules, are authorized and required, with consent of the society, to invest the funds in real or heritable securities or property, government securities, savings banks, or the chartered banks in Scotland, and not otherwise. (10 Geo. IV. c. 56, § 13.) Every society established under the acts is empowered to invest the whole, or any part of its funds, in savings banks instituted under 9 Geo. IV. c. 92, and that without any restriction as to amount. (4 & 5 Wm. IV. c. 40, § 9.) A society may also lodge any sum, not being less than £50, with the Bank of England, to the account of the Commissioners "for the Reduction of the National Debt, on a declaration by two or more treasurers, or trustees, that the money exclusively belongs to the society, and with the same formalities in other respects as are followed by savings banks. The interest allowed is 2J kreusers. In North Germany, however, the dollar is in gen- eral divided either into 24 good groschen, each of 12 pfennings, or as in Prussia, where the Convention Money, introduced in 1763, is va- lued at the rate of 20 florins to the Cologne mark of pure silver, whence it is also termed 20 Gulden-fuss (florin-foot). The florin is minted 13$ loths, or fths fine, and its full weight is 216J troy grains. Two florins = 1 J rixdollar current = 1 rixdollar specie (or German specie-dollar) =• 48*757d. or 4s. OJd. Hence the florin = 2s. OJd nearly, and the rixdollar current (=11 florin), 3s. OJd. There are likewise pieces for J, I, and T V, rixdollar current ; also for 20 kreusers (kopstuck or zwanziger), and 10 kreusers. Con- vention money is in general use in Austria and Saxony ; in other states its employment is. con- fined principally to the higher departments of business. Reichsgeld, or 24 Gulden-fuss, is estimated at the rate of 24 florins to the Cologne mark of pure silver, whence the florin = 20-315d., or about Is. 8id. ; and the rixdollar current (li florin) = 2s. 6|d. These, however, are chiefly nominal valuations of Convention money, at a rate \th higher than in that standard, — the Convention florin being estimated in Reichsgeld at \\ florin, and the other denominations in proportion. Prior to 1838, Reichsgeld was in common use in Rhenish-Germany, but is now mostly super- seded by the new 24J florin rate. 9 Constitution florins or current rixdollars = 10 in Convention money = 12 in Reichsgeld. The New Crown Standard, introduced in 1838, is valued at the rate of 24J florins to the Cologne mark of pure silver, whence the florin = 1 9 T 9 a d. or about Is. 8d. This florin is a coin which has been adopted as the integer of account by the states of Southern and Western Ger- many, including Baden, Bavaria, Frankfort, Hesse-Darmstadt, Nassau, and Wurtemberg. The other coins of this standard are the half- florin, and the crown (kronenthaler) = 5s. 9jd. There are besides pieces in billon for 1, 3, and 6 kreusers. The Prussian System is described under the dollar of account is a coin, into 30 silver gros- 1 head Prussia. In 1834, the dollar in this system chen, each of 12 pfennings. The different stand ards by which these denominations are valued may be described as follows : — Leipsic or Constitution Money, introduced in 1690, and which formed the general standard of the empire from 1738 to 1763, was estimated at was adopted as the integer of account by several states of North Germany, including Hanover, Brunswick, and Hesse-Electoral or Cassel. These standards consist wholly of silver, which is the general measure of value. A va- riety of gold coins, however, circulate. The the rate of 9 rixdollar specie (or Old Imperial principal are the ducat (minted 67 to the Co dollars), 12 rixdollars current, or 18 florins, to I logne mark 23§ carats fine), worth about 9s. 4d. ; the Cologne mark of fine silver, making the I the gold florin 6s. lid.; the Bavarian carolin value of, each of these monies in sterling 4s. 6id., ! 20s. 4d. ; and the pistoles termed Frederick d'or, 3s. 4|d., and 2s. 3d. respectively. The Leipsic i Carl d'or, August d'or, George d'or, Christian rixdollar current is now nearly obsolete, and the i d'or, &c, each worth nearly 16s. 4d. ; these coins ;ire comparatively rare. 'pistoles (minted 35 to the Cologne mark 21} 339 GIB Of foreign coins, the mo Dutch gold pieces for 10 and Brabant crown, originally struck by' the em- peror in the Low Countries, equal about Of foreign coins, the most common arc th« Dutch gold pieces for 10 and 5 guilders, and carats fine), were all reckoned originally at 5 Convention rixdollars current, but they now bear an agio corresponding to the increased va- lue of gold in relation to silver. Several of the gold coins have doubles and halves of propor- 1 4s. 6aring leather which is considered superior to ours, and the other is the price of abour ; these, with greater skill and thrift, can be the only advantages" {Ibid. p. 13.) [Skins.] s Leather gloves must be imported in packages, each of which shall contain 100 dozen pairs of such gloves, and in ships of 70 tons burden or upwards, under penalty of forfeiture. (3 & 4 Wm. IV. c. 52, § 5».) Cotton, woollen, and linen gloves are to be admitted to entry at the ad valorem duties charge- able on cotton, woollen, and linen manufactures respectively. (Treas. 0. Dec. 3, 1830.) GLUE (Fr. Colle. Ger. Leim), a well-known commodity employed for cementing wood. It is extracted from refuse animal substances, and differs in quality accord- ing to the materials employed ; the best being obtained from the skins of old animals. It generally occurs in square cakes, and when good, is hard and brittle, of a semi- transparent and deep brown colour, and free from clouds and spots. That which is soluble in cold water is weak. The parings of hides, pelts from furriers, the hoofs and ears of horses, oxen, calves, and sheep, are largely imported for its manufacture. GOAT, a well-known quadruped {Capra), nearly the size of the sheep, to which it is allied, but stronger, less timid, and more agile ; and having horns, hollow, erect, and scabrous. *" Species of this animal are found in many parts of the world, but that which is domesticated in Europe (G Hircus) is perhaps peculiar to this quarter of the globe. In most parts of the United Kingdom it is kept rather as a pet than for use ; and even in Wales, where it was formerly plentiful, it is now comparatively rare, except in Glamorganshire, where some still exist in a wild state. In the S. of Europe, particularly Spain and Italy, goats are more exten- sively reared, and flocks of them are very common. The animal is not long lived. Its young are brought forth in March or April, and two are commonly produced at a birth. It feeds on the coarsest herbage, delights to frequent rocks and moun- tains, and may be reared profitably in such districts as will not carry sheep. Its flesh is esteemed as food in the countries where it abounds, and the haunches are frequently salted and dried ; the female is in request for her milk ; the horns are useful for knife-handles ; and superior caudles may be made of the suet ; but the part most valued is the skin, particularly that of the kid, which is extensively used in the glove manufacture. In the age of wigs, the hair of the goat was in great request, and even yet the pure white wigs sometimes worn by lawyers and clergymen are made of it, — the long thick hair on the haunches being that generally preferred. The Angora Goat, inhabiting the district around Angora and Beibazar, in Asiatic Turkey, is in high estimation for its soft and silky hair. The Cashmere or Thibet Goat, is a small beautiful creature, greatly valued for a delicate wool procured from between its long hairs. [Shawls.] Attempts have been made to acclimatize this animal in Europe ; and some success has attended the introduction into France of a Tartar half-breed which had been found to thrive in a colder climate. More lately (1836), a cross is said to have been obtained, at Frankfort on the Maine, between the Thibet goat and Merino sheep ; but the fruitfulness of the hybrid progeny, and success of the experiment in a commercial point of view, have not yet been ascer- tained. GOGUL,a species of bitumen much used in India for painting the bottoms of ships. GOLD (Dan. Guld. Du. Goud. Fr. Or. Ger. Gold. It. Oro. Por. Oiro, Ouro. Rus. Soloto. Sp. Oro. Sw. Guld. Arab. Tibr), a beautiful metal, of a deep and peculiar yellow colour. It exceeds all others in ductility and malleability. It may be beaten into leaves 1 -282,000th of an inch in thickness, and a single grain may be drawn out into 500 feet of wire. Sp. gr. 19'3. Fusing point, 2016° Fahr. Gold is not acted upon by any solvent except aqua regia, a mixture of muriatic and nitric acids. It is unchanged by fire with access of air, — the hottest furnace producing no other effect upon it than to keep it in fusion, when it appears of a brilliant greenish colour. It, however, contracts more tnan any other metal in cooling. The uses of gold are numerous. Alloyed with copper or silver it is employed for coin, plate, and a variety of articles of luxury and ornament, for which purposes it is in the highest request, from its great beauty, unchangeableness, and lustre, GOM 345 GRE In the arts it is extensively used for gilding.^ Gold is found in the native state, in combination with silver, and often mixed with metallic sulphurets and arseniuxets. It occurs in greater or less abundance in almost every part of the globe. It is obtained chiefly in the form of a fine sand from the Peruvian, Mexican, and Brazilian rivers, and from some of the African : in Europe, the Danube, the Rhine, the Rhone, and the streams of Hungary and Transylvania, afford small quantities. It also occurs in mineral veins in primitive mountains, but not of the oldest formatiou : it is thus found in Brazil, Peru, Mexico, Hungary, and Transyl- vania. It has been also found in grains and rounded masses in soils, evidently the ruin of rocks, which contained it in its natural situation ; in this state it occurs on the coast of California, in Wicklow in Ireland, and in Cornwall. Of late years considerable quantities have been obtained in the Ural Mountains in Russia, in North and South Carolina, and in the adjoining Atlantic tracts of the United States. [Bullion. Coin. Plate.] S GOMCTI. [Ejoo.] GOODS, a general name for moveables, but usually restricted to merchandise. GOOSE. [Poultry.] GOOSEBERRY, the well-known fruit of a bush (Ribes Grossularid) abundant in this country, alike in the garden of the nobleman and of the cottager. The catalogue of the Horticultural Society enumerates "200 kinds, but all prefer the temperate climates, with an inclination rather towards the cold than the warm. Hence the flavour of the Scotch berries is much superior to that of those produced in any part of England. In size and appearance, however, the gooseberries of Lancashire are said to be unequalled by any in the world ; and there, as well as in Cheshire, Staffordshire, and "Warwickshire, striking improvements have been intro- duced into the cultivation of this cheap and agreeable fruit. GRACE. [Days of Grace.] GRAM, in oriental commerce, a name given to the produce of various legumi- nous plants cultivated in India. GRAMME, the unit of the French measures of weight, is equivalent to a cubic centimetre of pure water, or 15 - 434 troy grains. GRANILLA, the dust or small fragments of the cochineal insect. GRAPES (Fr. Raisins. Ger. Trauben. It. Grappi, Grappoli. Por. Uvas. Sp. Ubas), the fruit of the grape-vine ( Vitis vinifera), a tree with long slender branches, generally found indigenous in countries lying between 26° and 44° N. lat., and between 26° and 75° E. long., but the growth of which in the open air has been extended by cultivation 10° on each side of that range. This fruit is made an object of attention chiefly in the countries of the S. of Europe, although in none have grapes been produced equal to those of Syria, as regards the size of the berries and weight of the branches. Grapes are chiefly used in the manufac- ture of wine, but they are also extensively consumed as food, and in this country are a common article of the dessert. For the latter purpose they are mostly im- ported in a dried state [Raisins] from Spain and Turkey ; while a small kind, much used in puddings [Currants], are brougnt from the Ionian islands and Greece. A considerable quantity of undried grapes are also imported, principally from Por- tugal, in jars. In Great Britain, they are grown for the dessert in hot-houses, except in the counties of the S. of England, where some species thrive in the open air. In former times, indeed, wine was largely made in those districts, from the grape; and in Devonshire there are reported to be still two or three vineyards maintained for that purpose. GREAT BRITAIN. [United Kingdom of Great Britain and Ireland.] GREECE, a kingdom in the S. W. extremity of Europe, lying between lat. 36° 1(3' and 39° 34' N., and long. 20° 43' and 26° 28' E. It comprises Continental Greece, naturally divided by the Isthmus of Corinth into two portions, Hellas (called also E. and \V. Greece), and the Morea, with the island of Eubcea, the Cyclades, and the N. and W. Sporades. It is surrounded by the Mediterranean, except on the N., where the continental part is bounded by Turkey. Area, 15,000 square miles. Population estimated at 900,000. The whole was divided in 1833 into 10 nomarchies (nomoi), which were subdivided into 54 eparchies, and these again into 468 parishes (demoi). Capital, Athens ; pop. 17,000. Government, a hereditary monarchy, nearly absolute. The surface of the kingdom is in general mountainous, and the only extensive level tracts are L-i W. Hellas, and on the northern shores of the Morea ; these, with small plains scattered through E. Greece, are the most productive districts. The climate is for the most part healthy, except in the marshy tracts adjoining the coast and lakes ; and in the plains the medium temperature of the year is about 60° Fahr. About 3-4ths of the surface belong to the state and to the church, GRE 346 GRE and the rest to individuals; but only about l-10th part is cultivated, the country being more pastoral than agricultural. The vegetable products have a great similarity to those of the S. of Italy. Hellas possesses the best corn districts, the richest being perhaps Boeotia, though the wheat of the Morea is that in highest repute ; but the supply being insufficient for the consumption, large quantities are imported. The olive and currant-grape are also cultivated extensively. The mineral products are numerous, but only an insignificant quantity of any of them is obtained at present, except copper and salt, which last is procured in abundance in the lagoons near Mis- solonghi and elsewhere. The manufactures are mostly domestic, and quite inconsiderable. Greece is indeed naturally adapted for being a commercial rather than an agricultural or manu- facturing state ; and though none of the rivers are navigable, and there are few roads, these are rendered less necessary than in most other countries, by the numerous bays and inlets on the coast, along which, as well as between the various islands, there is a perpetual intercourse. To this is in a great measure to be attributed the maritime habits of the Greeks, and the extent of their mercantile navy, which, including small craft, amounts to about 4500 vessels, navigated by nearly 16,000 frugal, active, and hardy seamen. This is exclusive of about 5000 men in the service of Turkey and Egypt. Most of the large vessels are engaged in the carrying trade between the ports of the Mediterranean and the Black Sea. The exports consist of raw silk, currants, wool, oil, copper, wine, wax, mastic, and a variety of other articles ; the imports principally of corn, cotton, silk and woollen manufactures, sugar, and coffee. Nearly the whole foreign trade is centred in the ports of Missolonghi and Galaxidi, on the W. coast of Hellas ; Piraeus (the port of Athens), on the E. coast of Hellas ; Nauplia, Pa- tras, and Corinth, in the Morea ; and Syra, Hydra, and Spezzia, in the respective islands of these names. Of these the chief are the following : — Patras, on the N. coast of the Morea, is situated about 6 miles S. W. of the entrance of the Gulf of Lepanto, in lat. 38° 14' N., long. 21° 44' E. ; pop. 8000. It was formerly the emporium of the trade of the Morea, as well as that of W. Greece ; but the town was ruined during the war of the Revolution, and its prosperity has since been only in part restored. Its chief exports are cur- rants, grown in the adjoining plain. About 30,000 tons of shipping enter annually, whereof 6000 are British ; the aggregate value of the outward cargoes of the latter is estimated at £'160,000. Napoli di Romania lies on a rocky promontory at the N. E. extremity of the Gulf of Nauplia, in lat. 37° 34' N., long. 22° 48' E. ; pop. estimated some years ago at 12,000, but now less. The harbour between the promontory and the N. coast is tolerably large and safe, but too shallow to admit large vessels. The town is defended by a small fortified island at the mouth of the har- bour, and a strong castle. About 6000 tons of shipping enter annually. Syra, in lat. 37° 30' N., long. 24° 55' E. is advantageously situated in the island of that name. The town is handsome, and covers a conical hill, at the base of which is an excellent port, with docks, warehouses, and lazarettos. Since the decay of Hydra, Syra may be regarded as the principal emporium of the kingdom. In 1837, the number of vessels cleared was 2(569 ; burden, 111,618 tons ; value of cargoes, £332,185: And there entered 1438 vessels ; burden, 103,598 tons ; value of cargoes, £398,057. About one-third of the imports are in British vessels. S Measures, Weights, Money, &c. The Measures and Weights decreed for the use of the kingdom are those of the metrical system of France, but the following are those chiefly in use: — The oke = 2 lbs. 11 \ oz. avoird. ; the kilo = 22 okes ; and the can'tar or quintal = 44 okes, or 119 lbs. avoird. nearly. The strema of land is 40 paces square; and the arpent is H acre nearly. Distance is usually computed by the hour, estimated at about 3 miles. Time is reckoned by the old style. Money. — Accounts are stated in drachmas of 100 centimes. The drachma is a silver coin weighing 69 grains troy, T 9 ths fine, and equal 83d. sterling, or nearly ^ths of the French franc ; and 28 drachmas, 15 centimes, =£1. There are also silver pieces of 5, 4, and £ drachmas. The gold pieces are for 40 and 20 drachmas ; the latter weighing 89 grains troy -j%ths fine = 14s. 2id. The copper coins are for 1, 2, 5, and 10 centimes. In December 1839, an ordinance was issued for the institution of a National Bank. The Finances were hi a miserable condition for some years after the conclusion of the war, and, though now improved, the income is still unequal to the expenditure. In the budget for 1837, the revenue was stated at 12,381,007 drachmas, and the expenditure at 16,447,126 drachmas, leaving a deficit of 4,066, 1 19 drachmas. The expenditure includes 2,801,399 drachmas of interest on the home debt. The foreign debt consists of three loans con- tracted in this country, namely, 1st, £800,000 in 1824, at 59 percent. ; 2d, £2,000,000 in 1825, at 56i per cent. ; and 3d, £2,343,750 in 1833. The whole are in bonds bearing interest at 5 per cent. ; but no dividend has been paid upon the first since July 1826, nor upon the second since July 1827. The third, being guaranteed by Great Britain, France, and Russia, in equal portions, the interest upon it is paid regularly in London, on 1st March and 1st September ; and a certain portion of the bonds (which are in sums for £40 each) are annually redeemed by a sink- ing fund of 1 per cent. The Duties on exports average about 3 per cent. ad valorem, but none are exacted on olive oil. A Treaty of Commerce between Great Britain and Greece was concluded October 4, 1 837. It provides for equal and reciprocal rights as to shipping and port-duties, and complete tolera- tion and protection to the subjects of the two powers within the dominions of each other re- spectively. (Hertslet's Treaties, vol. v. p. 288.) Prior to 1820, Greece formed a portion of the Turkish empire, but in that year a revolutionary struggle commenced, which, after many vicissitudes and atrocities, was brought to a termination by the interference of Great Britain, France, and Russia, and in 1829 its independence was acknow- ledged by the Porte. The government, however, remained disorderly until 1832, when, under the influence of the allied powers, the crown was vested in Otho, a son of the King of Bavaria. GREENLAND, an extensive island situated between Iceland and the continent of N. America. It is subject to Denmark. Population vaguely estimated at 10,000, all Esquimaux, except about 250 Danish settlers. The country is described as " a mass of rocks, intermingled with immense blocks of ice." T';. interior has not been explored by Europeans ; nor is any thing known of the E. coast, except tl. i GRI 347 GUA the shore consists almost wholly of one uninterrupted glacier. The west coast, though high, rug- ged, and barren, is less cold and miserable than the other ; and it is here that the Danes have established a few colonies, chiefly commercial and missionary establishments. The most ancient, called Good Hope, in lat. 6i J 10', possesses an excellent harbour. Uppernavic, in lat. 72 s 48', is the most northerly station. The vegetation is scanty, composed chiefly of mosses and lichens, with a few shrubs bearing edible berries. Rein-deer, hares, foxes, white bears, and dogs, exist on shore ; but it is aquatic animals that constitute the principal source of wealth. The ordinary food of the natives consists of the caplin and the seal ; the skin of the last supplies them also with dress. Whales are likewise common, especially towards the north ; and walruses are met with in Davis* Straits. The Danes export from their different settlements train-oil, fish, whalebone, sealskins, fur, and eider-downs, the trade giving employment to about five or six vessels ; while the seas within Baffin's Bay and Davis' Straits are frequented by vessels from most of the maritime states for the prosecution of the whale-fishery. GRINDSTONES, circular stones on which edged instruments are sharpened. They are formed of a species of hard sandstones, known in the N. of England under the name of grindstone-grit. The celebrated " Newcastle grindstones," exported to all parts of the world, are obtained from the quarries of Gateshead Fell, in the county of Durham ; but the stones chiefly used in Sheffield are pro- cured at Wickersley, in Yorkshire. GROAT, an English silver coin, equivalent to four pennies, first minted in the reign of Edward I. GROSCHE, a small silver coin and money of account in various parts of Ger- many, equivalent to nearly lgd. sterling. GROS DE NAPLES, a plain silken fabric made of stouter and harder thrown organzine silk than sarsnet or persian, and woven with more care and labour. GROS DES INDES, a silken fabric having a stripe formed transversely to its length. GROSS, in numeration, signifies twelve dozen. Gross-weight is the weight of merchandise including the package and dross around it. GROUNDAGE, a duty payable in some places by ships coming to anchor. GUACHAPELI-WOOD, the name given to a strong species of timber, the product of a tree found in Colombia. It is largely exported from Guayaquil. GUAIAC, or GUM GUAIACUM, is a resinous substance obtained in various ways from the guaiacum tree. It occurs in large amorphous hard pieces, with bits of bark sometimes adhering to them. It is of a friable texture, and naturally of a reddish-brown colour, but from the action of the air, the surface is generally of a deep greenish colour ; it has a pungent acrid taste, but little or no smell, unless when heated. Sp. gr. 1"23. Those pieces are to be preferred which have slips of the bark adhering to them, and that easily separate from it by a quick blow. It is an article of the materia medica. GUAIACUM, or LIGNUM VIT^E (Fr. Gayac. Ger. Pockhaln. Sp. Guagaco), a tree which grows to a great size in Jamaica, Hayti, and other West India islands. Its timber is resinous, colour greenish-black, taste acrid, and when kindled it gives out a pleasant odour. It is very hard; sp. gr. 1*333, being heavier than water, and indeed the weightiest timber known, and the most difficult to work. It is well adapted for stampers and mallets, for friction-rollers, castors, and turnery-ware ; also for the sheaves or pulleys of blocks, a purpose for which it is much used ; and its application may be seen upon a grand scale in the beautiful block-machinery at Portsmouth. A decoction of the capsules, wood, or bark, is also used in medicine. GUANO, a highly concentrated manure, is a dark yellow substance, of a strong ambrosial odour, found in deposits 50 or 60 feet thick, and of considerable ex- tent, upon the coasts of Peru, the islands of Chinche, near Pisco, and other places more to the south. It is said to be an accumulation of the excrements of herons, flamands, and other birds inhabiting these localities. This substance has of late become an object of considerable trade. S GUARANTY (or as it is generally but loosely called Guarantee), is an engagement to perform some act, or pay some debt, in case another person prim- arily liable fails to do so. In England, the term is generally used to express the contract of suretyship, whether for the payment of money or the performance of other obligations. In Scotland, a distinction is taken between what is termed a " cau- tionary obligation," and a guaranty or letter of credit, the former being a regular contract indigenous to the Scottish jurisprudence, while the latter was introduced from the English law by the progress of commerce. " It [guaranty] is distinguished from a formal cautionary obligation," says Professor Bell, " chiefly by the looser epistolary form of the writing," and the chief practical distinction seems to be in the privileges accruing to the formalities employed in giving expression to the latter. [Cautionary Obligation.] In England, guaranty is affected by the 4th GUA 348 CUA section of the statute of frauds (29 Chas. II. c. 3), which enacts, " That no action shall be brought .... whereby to charge the defendant upon any special promise to answer for the debt, default, or miscarriage of another person .... unless the agree- ment upon which such action shall be brought, or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some other person thereunto by him lawfully authorized." Where a person has used expressions which bind himself in the first instance, and not merely on failure of another, the agreement does not come within the statute, nor does it, where the promise is to pay, not in the event of another failing to do so, but in consideration of the creditor performing some act which may be held a consideration between the creditor and the person who promises; as, abandoning a lien or security. Money paid or lodged in court, in fulfilment of a verbal guaranty, cannot however be recovered. There is no statutory provision resembling the statute of frauds .applicable to Scotland ; but " in Scotland the rule is, that no cautionary obligation 'or guarantee can be constituted by parole agreement ; so that an acknowledgment or a reference to oath will not constitute an effectual guarantee. But this is not carried so far as, in England, the words of the statute have compelled the courts to go : If goods be furnished, or money paid, or indulgence given from the imme- diate execution of diligence, on the faith of the engagement, though verbal, and with the knowledge of the person so engaging, the obligation will be effectual by the law of Scotland." {Bell's Com. I. 371.) By another doctrine peculiar to the law of England, the use of the term " agreement," in the above-cited section of the statute of frauds, renders it neces- sary that there should be a " consideration" appearing on the face of the writing [Contract]. A consideration to this effect will consist in the creditor doing some act which, but for the guaranty, he would not have done. " It is enough," says Chief Justice Best, " if the person for whom the guarantor becomes security receives a benefit, or the person to whom the guaranty is given suffers inconveni- ence, as an inducement to the surety to become guarantee for the principal debtor " (Morley v. Boothby, 3 Bing. 113). Where the guaranty refers to future transac- tions, a simple reference to them will express a sufficient consideration ; thus, " I guarantee the payment of any goods which A shall deliver to B," is sufficient, because A will have given a consideration before the time when the guaranty is intended to be effectual. But the following, " to the amount of £100, consider me as a security on J G's account," was void, as not expressing any consideration. " But where the agreement is retrospective, and refers to a past consideration, which it, however, states to have been moved by an antecedent request, from the guarantor, there it will be sufficient ; for such a consideration would be sufficient at common law to support a promise, and the statute of frauds has made no alteration whatever with regard to the sufficiency of the consideration, but only requires that it should be in writing." (Smith's Mercantile L. 383, 384.) In construing guaranties, the expressions are allowed to bear their full meaning against the surety, but he cannot be held to have bound himself by implication farther than he expresses himself. The terms must be strictly complied with on the part of the person who takes the surety; and so where the guaranty contained a condition that 18 months' credit should be given, the taker, after having granted but 12 months' credit, was not allowed, after the additional 6 months, to come upon the guarantor (Bacon v. Chesney, 1 Starkie, N. P. C. 192). The taker is bound to inform the surety of the nature of the contract, and a fraudulent concealment will vitiate the guaranty— this was held where one guaranteed the payment of £200 value, to be delivered in pig iron, and there was a private agreement that besides the market- price of the iron, 10s. per ton should be paid towards the extinction of an old debt (Pidcock v. Bishop, 3 Barn. $ Cress. 605). Whether a guaranty is general and con- tinuous, and to be held to cover the balance on a series of transactions, or is only ap- plicable to one transaction, is a question which must be determined by the expressions used, and is often one of extreme nicety. On the one side, courts will not allow a dealer to reimburse himself by means of a guaranty evidently intended to apply to only one transaction, for losses on a general balance incurred in dealings originally undertaken at his own risk ; while, on the other hand, they will not protect the person who grants such a general engagement as justifies a trader in continuing to rely on it, from the consequences. " If a party," said Lord Ellenborough, " means to be surety only for a single dealing, he should take care to say so." And he decided that tho introduction of the words " any debts," though the amount was limited, made the guaranty continuous (Merle v. Wells, 1810, 2 Camp. 413). Where a particular transaction is specified, or distinctly connected with the guaranty (as in the case of GI 349 GUI its accompanying an order of goods to the amount guaranteed), the natural inter- pretation will be that the guaranty is not continuous. A guaranty will not have a retrospective effect, unless it be so expressed ; but where one offered to purchase goods, which would not be delivered without a respectable reference, and next day brought a letter stating that if such goods as the purchaser wished to buy were supplied, the defendant would guarantee the payment, not exceeding £50, he was hela responsible for the price of the goods bought but not delivered (Simmons v. Keating, 1819 ; 2 Starkie, 426). In Scotland, a species of guaranty may be raised by the conduct of the grantor out of a mere letter of recommendation. A simple recommendation is not Tield to bind the grantor ; but if it contains fraudulent and false information, to which the person to whom it is addressed has given credit, and has thereby been deceived, the writer is responsible as for a guaranty. Thus, where A wrote to B of a man whom he knew to be merely a labourer, saying " he had requested my line to some- budy in the trade in Glasgow : and if you and he can agree as to the price, I have no doubt of your dealing to a considerable extent," he was held responsible (Corbet agt. Gray, 27th February 1794 ; B. C. I. 372). Independently of false information, a recommendation may be interpreted as a guaranty if it refer to any particular transaction, or to the credit of the party. Thus, where a letter introduced an individual " as intending to open for a sale of spirits and ale at the term," and continued, " the lad has always behaved with propriety hitherto, and I doubt not will give satisfaction in any transactions he may have with you," the first part was held as a mere introduction, but the latter as a guaranty (Ranken agt. Murray, loth May 1812 ; F. C). Where the recommendation is given in answer to inquiries by the person who acts on it, the expressions are interpreted more widely, and in favour of the writer. A guaranty is discharged by the creditor giving the debtor time, or " extending the period at which, by the contract between them, the principal debtor was ori- ginally liable to pay the creditor, and extending it by a new and valid contract between the creditor and principal debtor, to which the surety does not assent" (Howell v. Jones ; 1 Or. M. § R. 107). This principle will operate where credit is given, beyond what has been usual in the course of dealing between the parties, but not in the case of mere forbearance. Laches or negligence will discharge the guaranty— neglect of notice of dishonour of a bill of exchange, payment of which is guaranteed, may be adduced as an example. When the surety has been brought under liability to pay, he has recourse against the principal. In equity he is entitled to be substituted to the creditor on any security charged with the principal debt. " Nay, it appears, that if the surety be under a disability, which prevents him from obtaining, in his own person, tbp benefit of securities which have been set apart for the creditor, equity will restrain the creditor from proceeding against the surety till he has resorted to those securities ; though such circumstances would furnish no defence at law. And where the principal has assigned his effects to a trustee for his creditors, a creditor who has a guaranty will be forced, even at law, to apply, in discharge thereof, a rateable part of any payment he may re- ceive from the trustee." {Smith's Mercantile L., 389.) Each surety, where there are more than one, has a right to reimbursement from his co-sureties. This right is called the right of contribution. It is not affected by the questions, — whether the sureties bound themselves jointly and severally by one instrument, or by several instruments, and whether or not they were aware of each other's engagements. By common law, the contribution is according to num- bers, but equity has regard to the insolvency of any of the sureties. " Thus, if A, B, and C, be co-sureties, A, having paid the debt, would be entitled to recover at law a third only from B, though C may have become insolvent ; whereas, in equity, he will be entitled to one-half. But both in law and equity, if he have been re- imbursed in part, the contribution must be calculated on the residue. And, it is said, that where one surety becomes so at the instance of another, that other can- not call on him for contribution" {Smith's Mercantile £., 390). As to recourse on the principal debtor and co-sureties in Scotland, see Cautionary Obligations. {Fell on Guaranties. Pitman on Principal and Surety. Smith's Mercantile L. ut supra. Morton on Vendors and Purchasers, 377-393. Bell's Com. ut supra.) GUATIMALA. [Central America.] S GUERNSEY. [Jersey.] GUIANA, or GUYANA, the name formerly given to the north-eastern portion of S. America, lying between the rivers Orinoco and Amazon ; but as about five- sixths of this territory have been included within Brazil and Venezuela, the term is GUI 350 GUI now generally applied to the remaining part, comprehending the settlements of Great Britain, Holland, and France. GUIANA (BRITISH), the most westerly portion of this territory, extends, as claimed by our government, from lat. 0° 40' to 8° 40' N., and from long. 57° to 61° W. ; and includes the former Dutch settlements of Berbice, Demerara, and Esse- quibo. It is bounded N. and N. E. for nearly 350 miles by the Atlantic ; W. Ve- nezuela; S. Brazil; and E. Dutch Guiana, from which it is separated by the river Corentyn. Area about 75,000 square miles ; of which, however, considerable por- tions are claimed by Brazil and Venezuela. Population in 1840 estimated, exclusive of American aborigines, at 98,000 ; the number of whites being about 4000, partly of Dutch descent, and the rest negroes and mixed races. The government is vested in a governor, and a " Court of Policy," consisting, besides that officer and his secretary, of the chief-justice, attorney -general, collector of customs, and five un- official persons selected by the college of electors. All laws are enacted by the governor and this court, except the " Annual Tax Ordinance," the privilege of dis- cussing and voting which is vested in the " Combined Court," a body which includes the governor, Court of Policy, and five financial representatives, elected by the inhabitants. The coast district of Guiana consists of an exceedingly rich alluvial flat, composed of strong blue clay, highly impregnated with marine and vegetable matter, the surface of which is on a level with the high water of the ocean ; and when the lands are drained, banked, and cultivated, they conso- lidate, and become fully a foot lower, rendering necessary unremitting attention to the dams and sluices to keep out the sea. This flat extends from about 20 to 50 miles inward, terminating in a range of sand-hills, varying in height from about 50 to 150 feet. Beyond this, little was known of the country until 1835, when it was explored by Mr Schomburgk, and found to consist of a high land which stretches out in undulating plains, rising at some places into eminences. Further S. ranges of hills occur, running N. \V. and S. B., the most elevated about 1100 feet, being in lat 5° N. About 70 miles further S., and parallel to the preceding, are the Picaraima Mountains, which, by means of the Concan chain running S. E., are connected with the Sierra Acaray, a densely wooded range forming the S. boundary of Guiana. These successive chains of hills appear to occupy an inconsiderable width, and the plains between them are of great extent. The climate was formerly very destructive of human life, owing to the pestilential vapours arising from the marshes of the coast, but draining and cultivation have so far altered its character, that it is now deemed one of the healthiest in the W. Indies. The temperature is remarkably uniform ; the average heat at Georgetown being, in the shade in summer, 86° Fahr., while in winter it falls only to 82° or 83°. There are usually two wet seasons, a short one in January and February, and a long one commencing with June ; but these, under the influence of cultivation, have been greatly altered both as to intensity and duration. The trade winds blow steadily E. and N. E. for about nine months, changing to S. E. and S. in July, August, and September, the unhealthy season. The vigour and luxuriance of vegetation in Guiana are equalled by few countries in the world. The number of indigenous plants is remarkable ; and nearly one-half of the surface is covered by large forest trees, many of which furnish excellent timber; others are used for furniture, or afford dye-wood ; and not a few are valued for their fruits, chiefly the banana, pine-apple, and cacao- nut. As yet only a few places on the coast, and on the banks of the rivers Essequibo, Demerara, Berbice, and Corentyn, have been cultivated.* The plantations are commonly ranged in allot- ments, varying from about 500 to 1000 acres each. The dwelling-houses, elevated on piles of timber, as a security against inundation, are generally close to the water-side, with a wharf oppo- site for the convenience of shipping produce. The value of the public and private property of the colony, moveable and immovable, is stated bv Mr Martin at £24,020,000, and of the property annually created, at £3,789,160. In the year 1836, when the colony appears to have attained its acme of prosperity, the quantities of the staple articles produced were, sugar, 107,806,249 lbs.; rum, 2,980,296 gallons ; molasses, 4,035,569 gallons ; coffee, 5,875,732 lbs. ; and cotton, 656,902 lbs. Of late years a considerable decrease has taken place in the produce of these staples, more espe- cially sugar. This is attributed to various circumstances, but mainly to the aversion to work shown by the emancipated negroes, the number of whom, including children, amounted to 82,824. This cause, as is well known, has influenced the productive power of several of the West India islands ; but in Guiana it has been felt with particular severity, owing to the great extent and fer- tility of the unappropriated lands, from which the blacks can with little labour supply all their wants. At present many of the plantations are lying waste ; and Mr Schomburgk lately reported that of 80 estates on the Corentyn, 58 were abandoned. Various attempts have been made to promote emigration into the colony ; and in 1839, about 400 Hill Coolies were brought from India, who proved to be good labourers ; but there having been reason to believe that this was in fact a revival of the slave-trade, the practice was stopped. More recently, measures have been adopted for the encouragement of voluntary emigration from the coast of Africa and other places ; and the resolute energy displayed by the colonists under all their difficulties, afford just grounds for believing that their prosperity will be again restored. The exports are almost wholly to the United Kingdom ; and the following is an account of their amount for the last five years shown in our public accounts : — Sugar ctot. Rum galls. Molasses cwt. Coffee lbs. Cotton lbs. Arrow-root lbs. 1835. 886,861 1,990,656 227,007 3,166,091 1,140,361 9,973 1,077,848 2,004,588 264,206 3,467,442 1,080,697 10,009 1837- 943,388 1,482,129 299,824 5,118,642 993,388 6,107 835,300 1,508,946 253,477 3,799,298 663,639 6,723 1839. 566,852 1,442,550 117,238 1,673,232 551,325 2,220 GUI 351 GUI The other exports are mostly to our colonies in North America and West Indies; those to foreign countries are trifling. The value of the exports in 1836 was estimated at £2,135,379 ; but in 1839 the value hardlv exceeded £1,000,000. The imports consist of cod-fish, wood, and lumber, wheat and rice, from N. America ; wine ; and British produce and manufactures, including ap- parel and slops, cotton, linen, woollen, and leather goods, hats, glass, and earthenware, iron, and a varietv of other articles ; the value of the whole imported into Demerara in 1836 amounting to £770,839, and into Berbice, £140,738 ; total, £911,577- The shipping entered inwards in 1836 consisted of 716 vessels, burden 111,425 tons; of which from Great Britain, 66,914 tons; British colonies, 34,526 tons; United States, 7oOO tons; fo- reign, 2985 tons. The ports of the colonv deserving of notice are only two, Georgetown and New Amsterdam. Georgetown, formerly called Stabroek, the capital and seat of government, is situated on the E. bank of the Demerara, a short distance from its mouth, in lat. 6° 49' N., and long. 58° 12 7 W. ; pop. 20,000. The houses, made of wood, are generally two stories high, with porticos and balconies, shaded by a projecting roof. The streets are wide and traversed by canals. Shops and stores are numerous, and Huropean goods plentiful ; the markets also are good. There are likewise many com- modious warehouses and wharfs ; but the latter can be safely approached only by small craft, on account of the declivity of the bank, and the ebbing of the tide, the rise of which on the coast is from 16 to 24 feet. Vessels not drawing more than 14 feet, load and discharge their car- goes in the middle of the stream ; but those of greater draught cannot enter the river, owing to a bar at its mouth, and must therefore complete their loading outside. Within a mile of the town, near the mouth of the Demerara, is a small mud-fort, called Fort William Frederick. The town being the depot of the produce of the countries adjacent to the Essequibo and Demerara, its commerce is considerable. New Amsterdam lies in lat. 6° 15' N., and long. 57° 21' W. at the confluence of the river Canjee with the Berbice, near the entrance of the latter into the sea, and about 57 miles E. of the Demerara ; pop. 3000. The coast here is encumbered with shallows, and the harbour, though good, is difficult of access. From this town is exported the produce of the plantations on the rivers Berbice and Cor- entvn. Vessels drawing 14 feet mav, it is said, sail 200 miles up the Berbice, while the Canjee is navigable 50 miles for schooners, the entrance of the former is protected by three batteries. Measures, Weights, Money, Finances, &c. The Measures and Weights are chiefly British. The Dutch ell of 26 inches = 27 Imp. inches ; and 110 lbs. Dutch = 100 lbs. avoirdupois. Monet/.— The monetary unit is now the dollar, divided into 100 cents, and represented by Mex- ican dollars and others of the standard weight. The currency is composed of bank notes, dollars, and British coins, principally silver. Gold doub- loons are somedmes met with, especially when the exchange is low, when they are sent from Barbadoes and other W. I. islands to purchase bills on England. Prior to 1840, the integer of account was the florin or guilder, of 20 stivers, each of 16 pen- nings ; which, at the usual exchange of 14 flo- rins per £1, was worth about Is. 5d. A govern- ment paper money, formerly issued, was lately called in, and exchanged for dollars. The British Guiana Bank, incorporated in 1836, and the Colonial Bank, have establish- ments in Georgetown and New Amsterdam ; and issue notes for &5, §10, and $20 each, payable in silver. Finances. — In 1836, the revenue of Demerara and Essequibo was £87.885, and of Berbice, £18,196; total, £106,081 : the expenditure of the two former, £97,371 ; of the latter, £16,575 ; total, £1 13,946. The expense incurred by Great Britain for military protection in the same year was £45,421. Duties. — The export rates and duties on pro- duce are trifling. The general colonial duty on imports is 2 per cent, ad valorem. The crown duties, levied only on foreign goods, are de- scribed under the head Colonies. S Guiana is by some said to have been discovered by Columbus in 1498 ; according to others, that honour is dueto Vaseo Nunez in 1504. In 1590, the Dutch settled on the Demerara ; and in 1634, the English formed settlements in Surinam and the neighbourhood, which, however, were given up to the Dutch in 1667. In 1796, the settlements of Demerara and Essequibo were surrendered by Holland to Great Britain ; in 1802, they were restored ; but in 1803 were retaken, and have ever since been retained. Surinam, which had likewise been captured by the British, was given up in 1814. Previous to 1831, our possessions were divided into three colonies, Essequibo, Demerara, and Berbice ; but in that year they were united under one government called British Guiana. In 1838, the slaves were emancipated. GUIANA (DUTCH), or SURINAM, a colony partly the property of the city of Amsterdam, extends along the coast about 200 miles, from the Corentyn river to the Marony ; and between them to their sources, supposed to be in the Sierra Acaray. Area about 30,000 sq. miles. Population, exclusive of Indians and Maroons, 60,000 ; comprising between 6000 and 7000 whites, partly Jews and French, and upwards of 50,000 negroes. The seat of the governor is at the fortress of Ze- landia, near Paramaribo ; he is assisted in his administration by a high council. The physical character of the coast is similar to that of British Guiana ; but the interior, in which there is a kind of political society formed of maroons or runaway negroes, has not been surveyed. The settlements and plantations are chiefly along the coast, and on the banks of the rivers Surinam and Sarameca. The chief products are sugar, 25,000,000 lbs., and coffee, the annual export of which is estimated at 4,000,000 lbs. ; the others are cocoa, cotton, rice, cassava, yams, timber, gums, and drugs. The chief intercourse is with Holland; provisions are obtained from the United States, in exchange for rum and syrup ; and a smuggling trade is carried on with Venezuela. Paramaribo, the capital, chief port, and commercial emporium of the colony, is situated on the W. bank of the Surinam, 18 miles from its mouth, in lat. 5° 40* N., long. 55° 25' W. It is built in the Dutch style, with wooden houses, and wide straight streets planted with orange trees; pop. 20,000. It maintains an active intercourse with Holland. GUI 352 GUM Measures and Weights, those of Holland, but chiefly according to the old system. Money.— Accounts are stated in florins or guilders of 100 cents, Netherlands currency* GUIANA (FRENCH), or CAYENNE, extends about 200 miles along the coast, from the river Marony, which separates it from Dutch Guiana, to the Oya- pock, forming its boundary with Brazil. Its interior limits are unknown; but its area is computed at 20,000 sq. miles. Population in 1837, 22,000, including 16,600 slaves. The administration is vested in a governor, assisted by a privy-council of seven official functionaries, and a colonial council of 16 representatives. The country was first settled by the French in 1604, and, with the exception of a few interrup- tions during war, it has ever since been possessed by them. The settlements are neither so large nor so numerous as in British or Dutch Guiana ; the plantations are chiefly on the island Cayenne, and there are a few on the adjoining coast and the banks of the Organabo : the remainder of the country is still possessed by the Indians. Besides the staples noticed under the preceding heads, the French have transplanted the pepper-vine, clove, and nutmeg trees, from the Indian Archi- pelago, and the first two, especially the clove, are said to thrive well. In 1836, the exports were as follow :— sugar, 4,960,924 lbs. ; molasses, 1,036,283 lbs. ; rum, 12,765 gallons : cocoa, 74,964 lbs. ; coffee, 41,892 lbs. ; cloves, 183,000 lbs. ; pepper, 63,941 lbs. ; cotton, 566,654 lbs. ; arnatto, 639,408 lbs. ; besides wood for cabinet-making, vanilla, indigo, and tobacco, and a variety of other articles ; the total value being £125,000, nearly the whole of which is shipped for France or her colonies. The imports were about the same value, only one-sixth being from foreign coun- tries. From 60 to 70 vessels enter annually. Cayenne, the chief town and port, lies on the N. side of the island of that name, at the mouth of the river Ozapoh, in lat. 4° 57' N., long. 52° 20' W. ; pop. 5000. The harbour is shallow, but vessels can ride in security in the roadstead. Measures, Weights, and Money, same as France. GUILD, a name given anciently to those commercial associations, or frater- nities of particular trades, which were common in many of the towns. In their greatest prosperity, these companies, more especially in the metropolis, became important bodies, in which nearly the whole community was enrolled ; each had its distinct common- hall and property, and made by-laws for the regulation of its members. GUILDER. [Florin.] GUINEA, the principal gold coin of the United Kingdom until the introduction of the sovereign. It was so called from having been first coined out of gold brought from the Guinea coast by the Royal African Company ; these are gen- erally distinguished by an elephant under the head, or a castle. [Coin.] GUINEA COAST. [Nigritia.] 1 GUM. Under this term are included several modifications of a distinct proxi- mate principle of vegetables. To some of these the term mucilage is occasionally applied ; and all the varieties may be referred to one or other of these species,— gum-arabic furnishing a characteristic specimen of gum, and tragacanth or gum- dragon of mucilage. Gum exudes in a liquid state from certain species of trees, and becomes hard by exposure to the air. It is insoluble in alcohol, but extremely soluble in water, being exactly opposed in this respect to the resins. On the appli- cation of heat it swells and softens; it is infusible. Gum, from its adhesive quality, is extensively used in the arts. In calico-printing it is largely employed to give a proper consistency to the cloth, previously to the application of the mordants. The gums which usually occur in commerce are, Gum-arabic, Gum- Senegal, and Tragacanth or Gum-dragon. The term gum has likewise, of late years, been applied to several artificial pro- ducts. The chief of these, British gum, a substance obtained by roasting starch, is often used as a substitute for gum-arabic in calico-printing, and for stiffening different goods. Other kinds have been extracted from the seed of the carob tree, commonly called St John's bread; and from several species of lichens indigenous to this country. Gum-Resin. The resins, as they exude from trees, are often mixed with gum, when they form gum-resins. These substances are in their properties intermediate to resins and gum, and are not therefore to be considered distinct vegetable prin- ciples. They are not entirely soluble in water or in alcohol, but proof spirit dis- solves the greater part of them. They also readily dissolve in alkaline solutions when assisted by heat ; and the acids act upon them nearly as upon the resins. To this class belong ammoniacum, gamboge, assafcetida, olibanum, aloes, myrrh, opium, and others. GUM-ARABIC (Fr. Gomme Arabique. Ger. Arabische gummi. It. Gomma Arabica. Arab. Samagh Arebee,) is obtained from the Egyptian acacia (Acacia nilotica or vera,) a tree indigenous to Arabia, but found abundantly in Africa. It consists of rounded pieces or tears of various sizes. When pure it is brittle, trans- parent, colourless, tasteless, and inodorous ; but it usually occurs of a pale yellow- GUM 353 GUN ish or brownish colour. Sp. gr. about 1*4. The pieces which are most transparent, and have least colour, are sometimes selected from the gum-arabic in sorts, and sold for about double the price, under the name of picked gum. Gum-arabic dis- solved in water yields a viscid mucilaginous solution which is much employed in the arts. " This solution is sometimes used as a glaze or varnish, and to give a gloss and stiffness to ribands, calico, &c. When substances in a state of minute mechanical division are suspended in it, it prevents their subsidence ; hence, its employment as an ingredient of writing ink, and of some paints" (Brande's Che- mistry). It is also used in medicine. Gum-arabic is imported direct from Barbary, the Levant, and the East In- die?, and at second hand from other places. The best is called Turkey gum- arabic ; the worst is the East Indian, which is, indeed, a spurious substauce, the greater part of it being obtained from the Feronia Elephantum, and found generally in stalactical fragments. About 25,000 cwts. are annually imported, two-thirds of which are entered for home consumption. GUM-SENEGAL, procured from a species of Acacia, is similar to gum-arabic, but in longer and darker-coloured pieces, and of inferior quality. It is used for all purposes to which gum-arabic is employed, more particularly calico printing and dyeing. It is brought from Senegal and Barbary ; and between 30,000 and 40,000 cwts. are annually imported ; the quantity entered for home consumption being about 25,000 cwts. < i IX. The principal seat of the manufacture of small arms in this country is Birmingham, where it was introduced so early as the reign of William III. ; and since that period it has beeu gradually but greatly increasing. During last war, the public contract for muskets alone extended upon an average to 360,000 a-year ; and in the fifteen years prior to 1828, the number supplied to government and to private traders averaged annually 200,000. In the year 1813, a proof-house was established by act of parliament (53 Geo. III. c. 115), under the conduct of a master, wardens, and trustees, where the fabric of all gun and pistol barrels is tested by a heavy charge ; all those which sustain the explosion receive a stamp, to counterfeit which is felony ; while severe fines are imposed on those who sell such barrels without the stamp. Great guns, or cannons, and mortars, are chiefly cast in the public founderies at Woolwich, under the superintendence of the Board of Ordnance ; but they are also made on a large scale at the Carron Works in the county of Stirling. Indeed the peculiar variety called a carronade derived its name from having been originally manufactured there. Firearms form an important item in our list of exports. Our principal rival in this branch of trade is Belgium, from whence they are sent in considerable quan- tities to America, Egypt, Turkey, Germany, Italy, and Spain. They are chiefly produced at Liege, where about 260,000 muskets and 90,000 pistols are made annually, mostly of inferior quality. A vast number of this description are sent to Brazil for re-exportation to the coast of Africa in exchange for negroes. [Gunpowder.] GUNNY, a strong coarse fabric extensively manufactured in Bengal, chiefly from the fibres of the plant called paat, or bhangee (Corchorus olitorius). It is used in making bags or sacks for sugar and other similar commodities ; and the bags themselves form a considerable article of export from Calcutta. S GUNPOWDER (Du.Buskruid. Yv.Poudre. Ger.Pulver. It. Polvere. Por. Polvora. Rus. Poroch. Sp. Polvora), a composition formed of nitre, sulphur, and charcoal, finely powdered, and very accurately blended. The usual proportions per cent, in this country are as follow : — Common Government Shooting Shooting Miners' Powder. Powder. Powder. Powder. Powder. Nitre 75 75 78 76 65 Charcoal 12J 15 12 15 15 Sulphur 12J 10 10 9 20 The proportions of commercial powder, however, vary indefinitely, according to the views of the manufacturer respecting markets and prices. The nitre being the only expensive ingredient, the proportion of this is diminished, and those of the other two increased, where cheapness is the leading object. The worst is that made for the Guinea trade ; that usually exported to Canada and Turkey is also of inferior quality. In the manufacture of powder minute attention is paid to the purity of the ingre- dients : they are mixed together with great caution, and pounded with wooden z GUZ 354 HAD pestles in water, and formed into a kind of paste. The mixture is granulated or corned by being passed through sieves. After this it is glazed in revolving barrels, and then carefully dried. The more minutely the materials are ground, and the more intimately they are mixed, the greater is the explosive power. The strength also depends in a great measure on the drying. When well prepared, the powder, on being exploded on a piece of paper, should leave no residuum : if any particles remain, it shows either that the ingredients have not been pure, or not in proper proportion. The quality, however, is best tested by the eprouvette. Gunpowder, if much exposed, absorbs moisture, and it should therefore be kept as much as f>ossible excluded from the air. It is usually packed in barrels, each weighing 100 bs., half barrels of 50 lbs., or quarter barrels of 25 lbs. The various uses of gunpowder are too well known to require description. The quantity consumed in this country is immense ; besides which 4,000,000 lbs. are estimated to be exported every year, the greater part of which is sent to the W. coast of Africa. In the public accounts, its exportation is included under the head " arms and ammunition," the annual declared value of the whole being about £400,000, mostly sent to Africa, India, Mexico, Turkey, United States, Aus- tralia, and Brazil ; considerable quantities, however, are likewise taken by British America and West Indies, Spain, and Holland. The manufacture and sale of gunpowder are regulated by different statutes, particularly the 12th Geo. III. c 61, and 54 Geo. III. c. 159. No dealer shall keep at one time more than 200 lbs., or if not a dealer, more than 50 lbs. within London or Westminster, or three miles of these cities ; or within any other town, or within one mile thereof ; or within two miles of any of the king's palaces or magazines ; or within half-a-mile of any parish church ; or in any other part of Great Britain except in the usual mills and magazines, on pain of forfeiture, and 2s. per- lb. But for the use of any mine or colliery 300 lbs. may be kept, if within 200 yards thereof, and not within any of the above-mentioned limits. Justices are to license the erection of mills and magazines for keeping unlimited quantities, except within the above limits. No more than 25 barrels of gunpowder to be carried at one time by land, nor more than 200 barrels by water (except for exportation or coastwise), and the barrels shall be closely joined with- out iron ; and each shall not contain more than 100 lbs. No master of any vessel, outward bound from London, shall receive on board, except for the king's service, more than 25 lbs. before her arrival at Blackwall ; and the master of every vessel coining into the Thames shall put on shore, in proper places, all the gunpowder on board exceeding 25 lbs., either before the arrival of such vessel at Blackwall, or after, within 24 hours, if the weather permit, on pain of forfeiture, and 2s. per lb. The Trinity House empowered to appoint searchers. Gunpowder may not be imported into the United Kingdom without license, such license to be granted for the furnishing of her Majestv's stores only, on pain of forfeiture. Gunpowder may not be warehoused. (3 & 4 Win. IV. c. 52, §§ 58, 59.) The early history of gunpowder is involved in obscurity. It is said to have been used from a very remote period in China and India ; but it was unknown in Europe before the latter part of the 13th century. Early in the next century it was applied to the purposes of artillery. Bar- bour narrates that " crakys of war" were used by Edward III. in his first campaign against the Scots, a. d. 1327 ; and it is known that cannons were used by that monarch at the battle of Cressy, as well as at the siege of Calais in 1346 ; but the ancient war-engines continued to be par- tially employed in sieges for nearly two centuries afterwards. The use of muskets and other small aims was subsequent to that of cannons ; and down to the end of the reign of Henry VIII., the bow continued to be the principal weapon of the English army. During the reign of Elizabeth, however, an entire change took place, and the use of firearms became general. GUZ, an oriental measure of length, varying in different places from about 2 to 3 feet. GYPSUM, a native sulphate of lime, different species of which are found in this and many other countries. The crystals are softish, commonly transparent, and of various colours. A beautiful fibrous variety called satin gypsum is found in Derby- shire, applicable to ornamental purposes, such as beads and brooches. Vulpinite, or Marbre di Bergamo, is a beautiful variety employed in statuary. A pure white species is known under the name of Alabaster. A common kind of it is converted into Paris plaster or stucco ; and in some places where it is abundant it is em- ployed as mortar, and as a top-dressing for grass lands. H. HADDOCK, a fish of the cod family (Morrhua mglefinus, Cuv.), common throughout the British seas, especially on the E. coast betwixt Yarmouth and the Tyne ; ordinary weight 2 to 4 lbs. Haddocks swim in immense shoals. They spawn in February and March, and are in the best condition for the table in October, November, and December. Those cured at the village of Finnan, near Aberdeen, are held in high estimation. IIAI 3:5 HAM HAIR (Fr. Cheveu, Crin. Ger. Hoar.) Human hair forms an article of some importance in trade, and a considerable quantity is imported, especially from France, for the making of wigs. It is preferred when long, fine, and dark coloured. The hair of the lower animals is applied to different purposes. That of the minever, martin, badger, polecat, and other beasts, is used in the manufacture of hair-pencils ; while the coarser hair of the dog, wild boar, hog, and others, is made into brushes. Horse hair is extensively used by the upholsterer, and for fishing-lines, as well as in a variety of the arts. As an object of trade, this is classed into two kinds; the short curly, and the long straight. The former is spun into a cord, and boiled, to give it the tortuous springy form. The latter is woven into a kind of cloth, used for sieves, the damask haircloth of chair-bottoms, and other purposes. HAKE, a species of cod (Merlucius vulgaris, Cuv.) found in the northern seas and Mediterranean. It is abundant on the S. coast of England, in the Bay of Galway, and on the Nymph Bank off Waterford. From January to April is its season for spawning. " It is a coarse fish, not admitted at the tables of the wealthy ; but large quantities are annually preserved, both by salting and drying, part of which are exported to Spain." (YarreWs British Fishes.) HALIFAX. [Nova Scotia.] HAMBURG, one of the Hanseatic states, is situated near the mouth of the Elbe, between Hanover and Holstein, and comprises the city of that name and adjacent territory, with some islands in the river, and a few parcels of land on the south side of it. Area about 150 square miles. Population nearly 150,000, of which the city contains 128,000, mostly Lutherans, but including a number of Jews. The government is republican ; the executive and legislative powers are vested in a senate of 36 ; but no laws can be made nor taxes imposed without the consent of the lurgerschajffl, or general body of the citizens, who are represented by three colleges. The city of Hamburg, the most important commercial emporium of the continent of Europe, is situated in lat. 55° 33' N., long. 9° 58' E., on the N. bank of the estuary of the Elbe, and E. bank of the Alster, about 75 miles from the North Sea. It was formerly fortified, but having suffered much during the late war, its ramparts have been since levelled, and converted into public walks. It, however, still resembles most of the old fortified towns of Germany, the streets being in gen- eral narrow, dark, and dirty, and the houses commonly of brick, ill-built, and old-fashioned ; and though some of the streets in the new town are broad and regular, the appearance of the whole is uninteresting, almost the only enlivening feature being the inner lake of the Alster and the ad- joining walks. Hamburg also resembles a Dutch town in being intersected by canals ; these are rilled by the Ell>e and the Alster, and almost all the warehouses are close to them. The city pos- sesses numerous sugar-refineries breweries, and distilleries ; also manufactures of ropes, sailcloth, anchors, hats, soap, cotton, and woollen and linen fabrics, and a variety of other articles ; but they are in some respects less prosperous than formerly. The shipping belonging to the port (from 26,000 to 30,000 tons), which is inconsiderable compared with its trade, is mostly employed in transatlantic commerce and in coasting. The Elbe, in the lower part of its course between Harburg on its left bank, and Hamburg and Altona on its right, is divided into several arms by five large and seven small islands, which however unite again in a single channel at Blankenese, about five miles below Hamburg. The arm opposite to the city, though not large, is deep enough at ordinary tides for vessels drawing 14 feet, and at spring-tides for those drawing 18 feet. There is a kind of inner harbour in the town, formed by an arm of the Elbe, fitted for small craft ; but there are no docks nor quays, and ships of moderate size are moored in the river to piles fixed a short distance from the shore ; while the largest kind not unfrequently load and discharge their cargoes, bv means of lighters, off Cuxhaven, a small town subject to Hamburg, at the mouth of the river, where also quarantine is performed. The tide rises at Hamburg from 5 to 12 feet ; and flows for about 20 British miles above it. The scene presented by the Elbe contiguous to the city is in a high degree animating, — a complete forest of ships of all nations, and from every quarter of the globe. The number of sea-going vessels that enter inwards annually is nearly 3000, about one-third being from Great Britain ; besides which there are an equal number of river craft. The port is also frequented by numerous steamers, in- cluding regular packets to London, Hull, Havre, and Amsterdam. The immense commerce of Hamburg is produced by the liberal policy it has adopted, trade being here as free as can be desired ; and by the situation of the town at the mouth of the Elbe having rendered it the entrepot for the trade of the populous and industrious districts watered by that river (navigable by barges to Melnick in Bohemia), and the numerous natural and artificial communications with it. Of these last the principal are the connexion with the Oder, partly by the Spree, and with Lubec and the Baltic by means of a canal which joins the Elbe to the Trave. The trade may be said to embrace every thing that can be bought or sold, however costly, or however mean ; and the total annual value of the exports and imports is estimated at upwards of £15,000,000. The exports embrace all articles of German produce and manufacture, besides corn, iron, tar, tallow, and many other commodities, brought from the countries adjoin- ing the Baltic, of which Hamburg is also to some extent an emporium. The imports principally consist of tropical produce; wine, brandy, olive-oil, fruit, and other articles from the S. of Europe ; and above all of British manufactures. Of tropical commodities, the principal are sugar and coffee, large quantities of which are brought from Brazil, Cuba, Hayti, and Porto Rico. In 1838, the quantity of the former imported, includ- ing also refined sugar (forming about 1 -6th of the whole), and svrup, was 97,005,000 lbs., and the quantity imported by way of transit (that is, such as is brought to Hamburg direct, and not HAM 356 HAM exchanged while in the city), 5,953,500 lbs. ; coffee, 48,900,000 lbs., and in transit, 8,960,600 lbs. In the same year, there were brought of tobacco, 9,754,000 lbs., and in transit, 3,203,000 lbs. ; in- digo, 1,582,000 lbs., and in transit, 1,418,600 lbs. ; cocoa, 1,505,000 lbs., and in transit, 152,000 lbs.: rice, 8,665,000 lbs., and in transit, 2,434,000 lbs.; cotton, 11,758,000 lbs., and in transit, 6,466,000 lbs. ; tea, 1,301,000 lbs., and in transit, 69,200 lbs. ; besides large quantities of S. Ame- rican hides, cigars, ivory, saltpetre, cochineal, rum, and a variety of other articles. The quantity of wine imported in 1838 was 48,940 hhds., and in transit, 15,770 hhds. ; olive-oil, 1,105,000 lbs., and in transit, 707,200 lbs.; currants, 2,637,000 lbs., and in transit, 1,755,100 lbs.; raisins, 7,000,000 lbs., and in transit, 4,770,100 lbs. ; silk, 120,400 lbs., and in transit, 90,700 lbs. The trade with the British islands forms a highly important, though scarcely an increasing branch of the commerce of Hamburg. It is not shown separately in the public accounts ; but the aggregate of the whole trade of the Hanse Towns with the United Kingdom is given for a series of years in Dr Bowring's " Report on the Prussian Commercial Union" (App. p. 114). Of this by far the greatest portion belongs to Hamburg ; that of Bremen being comparatively small, and of Lubec quite trifling. The following are the averages of the amounts for each of the five years, ending 1834 and 1838 respectively :— Official Value of Imports into the United Kingdom Exports from the United Kingdom, viz. British Produce and Manufactures Foreign and Colonial Merchandise Declared Value of Exports of British Produce and Ma- nufactures Average of the five years 1829-1833. £1,404,216 8,801,920 1,687,996 4,358,650 Average of the five years 1834-1838, £1,548,709 8,654,861 1,827,391 4,665,767 Of British manufactures, nearly one-half now consists of cotton yarn and twist, for the supply of the weavers of Saxony and other parts of Germany ; the chief other articles are cotton cloth, woollens, and woollen yarn, iron and hardwares, linen yarn, linen cloth, machinery, and coals. The exports from Hamburg to the United Kingdom consist principally of sheep's wool, and in scarce years, of corn ; to which may be added seeds, especially rapeseed, smalts, wines, skins, furs, particularly fitch and martin, bristles, geneva, and some descriptions of cotton and linen goods. The British trade likewise comprehends the importation into Hamburg of tea, wine, indigo, tobacco, gums, especially shellac, furs, pepper, pimento, cassia, cotton-wool, rum, and other fo- reign or colonial articles direct from the United Kingdom ; besides large quantities of coffee, sugar, and other tropical productions from the places of growth, particularly Brazil ; while a con- siderable portion of the general business of the town is conducted by English residents, of whom there are from 1000 to 1500. In the year 1838, the aggregate burden of the British vessels which arrived amounted to 168,186 tons; of which, steamers from the United Kingdom with general cargoes, 62,046 tons; sailing vessels from do. with general cargoes, 47,161 tons, and with coals, 32,668 tons; from Brazil, 11,570 tons; from other parts of S. America, 299 tons ; from West In- dies, 3137 tons ; from other countries, 3960 tons ; and in ballast, chiefly to load for Newfoundland, which receives its salted provisions mostly from this port, 7345 tons. The corn-trade is a department of considerable importance, Hamburg being, next to Dantzic, the chief entrepdt where the grain of the N. of Europe (including the territory watered by the Elbe) is deposited to wait for the best market. In dear times it is brought from parts so distant as Bohemia ; but the principal supply is derived from Holstein and the Lower Elbe, the wheats pro- duced in which being coarse and damp, causes the general average of prices to be lower in the market of Hamburg than in Dantzic, where they are of superior quality. The quantity of wheat exported in the ten years ending 1827 was 675,744 quarters, of which 403,535 quarters were sent to Britain. In the next ten years, ending 1837, the exports of wheat amounted to 1,528,400 qrs. ; barley, 255,700 qrs. ; rye, 352,200 qrs. ; oats, 83,600 qrs. ; beans, 31,050 qrs ; pease, 62,750 qrs. ; brank, 8900 qrs. ; rape-seed, 130,050 qrs. In 1838, the quantity of wheat exported was 277,000 qrs. ; of which 220,700 qrs. were conveyed to Britain. Hamburg is not a member of the Prussian Commercial Union, and it is not thought she will willingly surrender those principles of free trade which have so much contributed to her reputa- tion and prosperity. Still, however, opinions in favour of joining this association are spreading among the merchants and wealthier classes, though not among the citizens, or burgerschaffl, who have their property mostly invested in warehouses, whose value would be greatly lowered by an adherence to the Union, as it is probable no goods would then be warehoused, except in govern- ment bonding stores. On the 31st December 1839, a convention was concluded between Hamburg and the Union, giving several facilities to trade. Measures, Weights, Monies, Duties, &c lbs. avoird. ; the centner of 112 Hamburg lbs., or 8 lisponds = 119-64 lbs. avoird. ; 2i centners — 1 shipfund. A stone of wool or feathers is 10 Hamburg lbs. ; a stone of fl-ix, 20 lbs. ; a small tonne of butter, 224 lbs., a great do. 280 lbs. ; a quarteel of train oil of 2 tonnes or 64 stubgen is reckoned at ' centners or 448 lbs. net ; and a pipe of oil at Measure* and Weights.'— The ell of 2 feet or 6 palms = 22-58 Imp. inches ; the Brabant ell - 27*58 Imp. inches. The ohm, liquid measure, of 4 ankers, 5 eim- ers, 20 viertels, 40 stubgen, or 160 quarters = 31-87 Imp. gallons ; 6 ohms = 1 fuder ; the faas of wine is 4 oxhafts, or 6 tierces. The wispel, corn measure, of 10 scheffels, 20 faas, or 40 himtens = 29 Imp. bushels ; 3 wispels J820 lbs. = 1 last of wheat or rye, = 1 stock of barley or The mode of estimating the weight and fine- oats, = 10J Imp. quarters; and 2 wispels - 1 ncss of the precious metals is explained under last of barley or oats = 7i Imp. quarters. I the head Germany. The pound consists of 2 marks, 16 ounces, 32 Money.— Accounts are stated in marks, divid- 106-82 I ed into 16 schillings, each schilling consisting of loths, or 128 drachmes; and 100 lbs. ham 357 HAM 19 pfennings; and 3 marks .nake 1 dollar (or reieiisthalor). These denominations are of dif- ferent values, according as they are reckoned in current money, or in banco. Current money is composed of the coins in or- dinary circulation, and which, as none have been for some time minted in the city, consist of Dan- ish and Hanoverian money, chiefly zweydrittels, 6ilver pieces equivalent to 2-3ds of the old Imp. current dollar, or 2s. 3d. sterling ; each of these being reckoned at 31 schillings, makes the current mark equal Is. 2d. sterling. Banco, used in wholesale trade and in ex- changes, is the money of the Bank of Hamburg, or rather the credits "inscribed in its books cor- responding to equivalent deposits of silver bul- lion, which, by means of orders or cheques, are transferred from one party's account to another's in payment of debts, — the bullion being seldom or never withdrawn, except when required for exportation. The silver deposited, which must be 15 loths 12 grains (or ||) fine, is received at the nominal rate of 442 schillings, and issued at the rate of 444 schillings, or 273 marks banco, for the Cologne mark weight (3608 troy grains) of pure metal, — the difference of 4-9ths per cent, being applied to defray expenses. The value of the mark banco, estimating British Standard silver at 5s. per ounce, is thus 17*57d. sterling, or Is. aid. nearly ; making 13 marks banco 10* sch. = £1 sterling. The agio upon banco, compared to currency, is at this rate 25 per cent., but it is continually varying. The metallic rate of exchange, or par, is, in London, commonly deduced from the market price of gold. The quotation at Hamburg, Jan. 3, 1840, was 428 mks. bco. for the Cologne mark weight fine, which, estimating British standard gold at £3, 17s. l"|d. per ounce, made the rate 13 mks. bco. 6| sch. per £1, and the mark bco. equal Is. 5-9d., or nearly Is. 6d. sterling. Exchanges were formerly negotiated in pounds Flemish of 20 schillings, or 240 grotes. The pound Flemish = 74 marks banco, or 2J dollars. Usance of bills from places in Germany, 14 days' sight ; from Holland, Britain, and France, 1 month's date; and from Portugal, Spain, Italy, and Trieste, 2 months' date. Days of grace 12. The Bank of Hamburg was instituted in 1619, on the credit and under the guarantee of the city, as a bullion deposit bank. It receives only silver, upon the terms already specified. For- merly, loans were granted on the security of gold and other pledges, but this practice has been abolished, except in so far as advances continue to be made upon Spanish dollars, and upon rough copper. The business and accounts of the bank are always open to proper inquiries, and its governors are all responsible. It is managed by 5 directors, 2 counsellors, 2 treasurers, and 2 of the magistrates of the city ; and one of each description goes out annually. Every treasury- chest has five different locks, the keys to which are distributed among the five directors respec- tively, so that no treasury can be opened unless all are present. Deposits are received only from citizens of Hamburg ; but no servant of the bank can have dealings with it ; nor is any account opened for a less sum than 100 marks (about £7, 10s.). The money in bank cannot be seized or attached, except in the event of the depositor becoming bankrupt, when his banco is delivered to his creditors. The bank remains shut an- nually for three days after the 31st December, when its accounts are balanced. This celebrated establishment gives great sta- bility to the exchange business of most of the countries of the north of Europe, as the greater part of their foreign bills are settled in banco through the medium of Hamburg. It has now maintained the highest credit for upwards of 220 years, with the exception of two short inter- ruptions. The first in 1069, when it was closed nearly a year, after which it was re-opened under improved regulations. The other was in 1813, when, on the advance of the French under Davoust, most of the deposits were withdrawn, and the remainder, amounting to 7,500,000 marks, seized by him for the support of his army. The bank, however, soon resumed its operations with its usual credit, and indemni- fication was partially made by France at the peace. Finances. — The public revenues amount to £l50,000perannum; of which, about £35,000 are derived from customs duties. The public debt is nearly £1,500,000. Duties. — The general rate on imports is f per cent, ad valorem, but corn, wool, linen, yarn, twist, and some other articles are wholly free. On exports the duty is } per cent. There is no transit duty, a privilege which is limited to the period of three months from receiving the tran- sit ticket, but will be prolonged for other three months on payment of £ per cent, ad valorem ,• beyond this period, the goods become chargeable with the ordinary duties. The Stade-duties, an ancient impost levied by Hanover on goods passing through the Elbe, are properly payable at the Castle of Brunshausen, near the town of Stade, but are collected at Hamburg, where there is an officer for the pur- pose. The rate originally intended to be exacted was ^ per cent., or one schilling on 100 marks value; but, from a late representation by the authorities of Hamburg, it appears that this rate is now the minimum, and that on the leading articles of commerce it is from 4 to 24 per cent. The duty is rated according to a tariff, and is computed from the ship's papers ; Hamburg vessels being, however, exempted. The yearly average of ships on which it is levied is estima- ted at 4500, and the average amount per vessel at 210 marks, making an annual sum of £70,000. The Stade impost is of a highly arbitrary, shift- ing, and vexatious character, and the original right to levy the tax has been repeatedly called in question. The transit duty levied by Denmark on the land intercourse between the Elbe and the Bal- tic is of considerable importance in reference to the trade of Hamburg, from the sea communica- tion being closed during the winter season. This duty is not high, but the roads of Holstein and I Schleswig are in so neglected a state, that the plea of an impost for a service done cannot be ] urged. A duty equivalent to 9d. per cwt. is pay- ! able for traversing from Hamburg to Lubec ; I while from Lubec to Hamburg it is 4Jd. per cwt. Certain leading articles pay an ad valorem I transit duty, as soap, 2 per cent. ; iron and j tobacco, 3 per cent. ; lumps, 6 per cent., when j coming from Lubec to Hamburg; and when sent from Hamburg to Lubec, coffee pays 2 per cent., tobacco and sugar 24, while dye-woods I pay 10 per cent. The amount of transit trade i in 1837 from Hamburg to Lubec was 24,455,8<>5 lbs. gross weight; that from Lubec to Ham- ! burg 13,722,S6o lbs. : of this last amount about l half consists of articles which are duty free. The I whole gross receipts are 58,300 dollars. I A Convention of Commerce was concluded be- tween Great Britain and the Hanseatic republics on 29th September 1825, which provides for the reciprocal abrogation of all discriminating and countervailing duties levied upon the ships of the contracting parties, or upon the cargoes of such ships in the ports of either ; the convention to be in force for 10 years, and further until 12 months after notice by either of the parties of their intention to terminate the same. (Herts- let's Treaties, vol. iii. p. 226.) [Lubec] S HAM 350 HAN HAMS (Du. Hammen. Fr. Jambons. Ger. Schinken. It. Prosciutti. Por. Presuntas. Rus. Okoroku. Sp. Jamones), the thighs of the hog, salted, smoked, and dried. [Hog.] HANOVER, a kingdom situated in the N.W. angle of Germany, between lat. 51° 20' and 53° 51' N., and long. 6° 51' and 11° 51' E.; and bounded N.W. and N. by the North Sea, Oldenburg, and the Elbe ; E. and S.E. by Prussia and Bruns- wick ; S.W. by Hesse-Cassel, Lippe, and Prussia ; and W. by Holland. Area, 14,570 sq. miles. It is divided into the provinces of Hanover, Hildesheim, Lune- burg, Stade, Osnaburg, and Aurich, and the mining intendancy of Clausthal. Pop- ulation, 1,722,107. Capital, Hanover, an inland city ; pop. 28,000. The govern- ment is reputed a constitutional monarchy. With the exception of the Hartz, a chain of detached mountains on the S. frontier, the kingdom consists of an immense plain, a considerable part of which, called the "Arabia of Germany," is com- posed of vast sandy tracts, wholly unfit for tillage. The fertile lands are confined to the banks of the rivers Elbe, Weser, and Ems, and their affluents ; and to the flat coast of the sea, where artificial mounds have rescued from its ravages an expanse of very rich meadows, — the finest being the alluvial plains at the mouths of the Elbe and the Weser. The disadvantages of nature are not re- deemed by art to the same degree as in other parts of Germany. Potatoes, the chief food of the poor, are universally reared, and rye is generally grown for bread ; barley and oats are also culti- vated to an extent that leaves a surplus for exportation ; but the quantity of wheat raised is insuf- ficient for the demand. About a sixth or a seventh part of the surface is covered with forests, which yield about 52,000,000 cubic feet of timber yearly ; the principal woods are those of pine in the Hartz district, and of beech and oak in Kalenberg, the Upper Weser, and the duchy of Bremen. Grazing husbandry is extensively prosecuted, but, excepting the rearing of horses, is little under- stood. The minor articles of rural produce are, flax, hemp, tobacco, hops, cranberries, and honey. The mines form an important source of wealth, but they languish under the system of interfer- ence exercised by the government. The most productive are those of lead and silver in the Hartz, from the vast forests of which fuel is readily obtained for working them. Iron ore is also richly diffused over the hilly districts, but the produce is comparatively inconsiderable. The chief other minerals are salt, copper, zinc, and vitriol. The manufactures are very numerous, but none of them extensive. Woollens and calicoes are made at Gottingen, Munden, and some other towns ; but perhaps the most important is linen. This is chiefly a domestic manufacture ; there are, however, about 5000 hands wholly occupied as weavers, the linen cloths produced by whom are well known in foreign markets, under the names of Osnaburgs and white rolls ; while the hempen fabrics are known as Hessians, Tecklenburgs, and bagging. The linen manufacture, it may be mentioned, is maintained without protecting duties. Notwithstanding the advantages possessed by the country in respect to mineral wealth and nav- igable rivers, the trade is inconsiderable. The people have little enterprise, and the conveyance of their surplus produce to other countries is mostly in the hands of the merchants of Bremen and Hamburg. Hanover is not a member of the Prussian Commercial Union, but she is joined in a similar league with the states of Brunswick, Oldenburg, and Schaumberg Lippe. The leading articles of export are, linen, sheep's wool, corn, lead, butter, rapeseed, hemp, and flax ; and of import, coffee, sugar, wine, tobacco, hardware, woollens, cottons, and twist. The number of ships is stated by Dr Bowring at 422, containing about 15,000 lasts, or 27,000 tons, of which nearly one-half is engaged in foreign trade ; but this is exclusive of small coasters and river-craft. The principal commercial towns are, Munden, at the junction of the Werra and the Fulda, which has an active intercourse with the interior of Germany and the port of Emden. Emden or Embden, in lat. 53° 22' N., long. 7° 12' E., the chief commercial place in Hanover, is situated in the province of Aurich, formerly E. Friesland, a little below the efflux of the river Ems into the bay of Dollart ; pop. 12,500. It is very ancient and walled, and has the appear- ance of a Dutch town, being intersected by canals. It is a free port, but the trade is inconsider- able, and in modern times has declined, the harbour being shallow, and inaccessible except at high-water, and even then not for vessels drawing more than 11 or 12 feet; there is, however, a deep and safe roadstead. Shipbuilding and various manufactures are carried on, and the her- ring-fishery is prosecuted to a small extent. The exports, however, consist chiefly of the rural produce of E. Friesland and Munster, of which it is the emporium ; the imports, of Baltic pro- duce, French wine, and other commodities. About 700 vessels, aggregate burden 17,000 lasts, enter annually. The shipping which frequents the port consists now principally of inland craft. Measures, Wkights, Monies, Finances, &c. Measures and Weights.— The ell of 2 feet = 22*91 Imp. inches. The mile = 11,559 Imp. yds. The morgen = 2 Imp. roods, 22J peiciies=-64 Imp. acre. The ahm of 2* eimers, 4 ankers, 40,stubgens, or 8o kannen = 34*24 Imp. galls. ; and 6 ahms or equal to 2s. 103d. sterling. But exchanges are commonly effected in dollars, valued at 5 to the Louis d'or, as in Bremen. The principal gold coins are the George d'or, worth 16s. 4d. ; the florin, 6s. lid. ; and the ducat, 9s. 4d. : the silver coins, since 1834, have been chiefly pieces minted 4 oxhafts = 1 fuder of wine. according to the Prussian rate, and the follow- The com last of 2 wisnels. Ifi mnlfers. or flfi ing old pieces, namely, the constitution or cash The corn last of 2 wispels, 16 malters, or himtens = 82 Imp. bushels. The pound = 7511 troy grains, and 100 lbs. =. 107 - 3 lbs. avoird. ; the stone of flax is 20 lbs. , and of wool 10 lbs. ; the tonne of honey, containing 25| stubgens, weighs 300 lbs. ; the centner is 112 lbs. The last is 12 shipfunds, and the shipfund = 20 lisponds, each of 14 lbs. Gold, silver, and silk are weighed with the Cologne mark. Money. — The integer of account is now the Prussian dollar, or thaler of 30 silver groschen specie-dollar, 4s. 6id., and the zweydrittel or fd. piece, 2s. 3d. The former money of account was the thaler or rixdollar of 36 mariengroschen, each of 8 pfen- nings cash (kassengeld) = 3s. 4Jd. ; or tbe con- vention thaler of 24 good groschen, each of 12 pfennings = 3s. did. ; 9 thalers cash or constitu- tion money s= 10 convention thalers. Usance is 14 days' sight. The days of grace are 8, except for bills at sight. S IIAX 3f)9 HAT Finances.— The country := hearty taxed, ami and about 1,200,000 thalers arc derived from cus- the revenue averages annually about G,5ou,<*>o i toius duties. The national debt is variously erti* thalers. The direct impostsamounttoaboutl-3d, | mated at from 15,000,000 to 20,000,000 thalers. II ANSE TOWNS, a name given to certain towns situated in the N. of Europe, which formed in the 13th century an association called the Hanseatic league, having for its object the protection of mercantile property. It was so called from an old German word signifying union. The first point with the confederates was to repress the seizure of merchant vessels by pirates, and the robbery of goods con- veyed by land ; the next was to obtain justice in regard to the claims of merchants in courts of law, — a matter of no small difficulty in those rude times. The town which took the lead in forming this association was Lubec, the trade of which had become considerable in the 13th century, chiefly from its position. Situated at the south-eastern point of the Baltic, it was the natural entrepot for the trade of Prussia, Poland, and Livonia, with the north-west of Germany ; in the same man- ner as Hamburg, from its ready access to the North sea, was the fit port for com- municating with the Netherlands and England. The distance between these towns by land being small (only 40 miles), frequent conferences took place in regard to their mutual interests ; and the result was their concluding a treaty in the year 124 1, by which they bound themselves to use their utmost efforts for the pro- lection of trade. Brunswick, then the chief inland town in the north-west of Germany, and connected in trade with both Lubec and Hamburg, acceded to the treaty shortly afterwards ; and in 1252, deputies from each of the three met at Lubec, where, among other arrangements of importance, they took steps for estab- lishing factories in London, Bruges, and Novgorod in Russia. Being open to new members, they were joined in the course of the next century by a number of cities, such as Amsterdam and other ports in the Netherlands, Dantzic, as well for itself as for the lesser towns in the north of Poland, and Cologne, for the different trading places on the Rhine. The confederacy attained its greatest power in the loth and 16th centuries, when the league comprised no fewer than 64 commercial places ; and was capable of conducting extensive naval operations, and of asserting its rights by force of arms. As civilisation diffused itself, however, in the north of Europe, and the different governments made a point of protecting trade as well by sea as in their respective territories, less exertion was required on the part of the Hanse Towns. It became evident also from the example of Holland, that trade prospered most when each mercantile district or seaport was left to manage its own concerns. Hence a gradual relaxation in the bonds of the con- federacy, so that during the last two centuries the name of Hanse Towns has been confined to Lubec, Hamburg, and Bremen. These towns have still mercantile consuls in London and elsewhere ; but they are occupied with the concerns of their constituents only, not with those of the former members of the league. HARBOUR. [Port.] HARDWARE (Fr. Clinquaillerie. Ger. Kurze waareri). [Iron Manufac- tures, &c] HARTSHORN. [Ammonia.] HATS (Fr. Chapeaux. Ger. Hute. It. Cappellx. Por. Chapess. Sp. Som- breros), well-known coverings for the head, are of several kinds. Beaver or stuff hats, the finest, consist mainly of two parts, — the body, and the covering or nap ; the former of which is made of fine wool and coarse fur (generally eight parts rabbit's fur, three parts Saxony wool, and one part of lama, vicunia, or " red wool "), mixed, felted, stiffened and shaped ; the latter of beaver-fur, made to adhere to the body by the process of felting. Plate hats, a secondary kind, have the nap composed of the fur of the musquash, nutria, or some other fur of comparatively small value ; and for hats of inferior quality, coarse wool is employed for the body, and coarser fur, or sometimes fine wool, for the nap. Felt hats are a common kind without a nap ; and the black glazed japan hats worn by sailors and others, have a body of coarse felted wool, and an outer glossy covering formed of a thick coating of black varnish or japan. A description of the processes of manufacture would be out of place here ; but it may be mentioned, that from the time the materials are brought into the great factories (as Messrs Christy's of London) till the hat is finished, they engage the attention of from twenty to twenty-five distinct sets of workpeople. One of the most important is that by which the hat is rendered waterproof, an operation which is performed upon the felt body before the fur nap is added, by brushing on the former a composition of shellac, sandarach, gum-mastic, resin, frankincense, copal, caoutchouc, spirits of wine, and spirits of turpentine ; the rectified naphtha made from coal-tar being, HAV 3G0 HAY however, sometimes substituted for spirits of wine. Hats are dyed black by means of a bath composed of water, logwood, sulphate of iron, verdigris, and gall-nuts. Silk hats, a cheap kind introduced of late years, are entirely different from the preceding ; the body is composed of chip-straw, stiffened cambric, or coarse felted wool, and a covering or hood of woven silk shag is fashioned to the required shape, and drawn over it. The body is made in a rough way, and a resinous stiffening composition laid over the outer surface, to which the hood is made to adhere by a peculiar kind of varnish. The finest stuff hats are made'in London ; but the bodies of many of those finish- ed in that city are manufactured in Gloucestershire and Derbyshire. Plate hats are made in Lancashire, Cheshire, Staffordshire, and other places ; felt hats at Atherstone, Rudgeley, Bristol, and elsewhere ; silk hats in Manchester, London, Glasgow, and other large towns. In Lancashire, hoods are also made on a large scale, for the supply of places where they are worked up. The annual value of the hat manufacture of the United Kingdom is supposed to be about £2,500,000, but there are no data for forming a correct estimate. Hats are exported in considerable quantities to the colonies ; they are also sent to Brazil and to the United States ; the number taken by the last, however, is comparatively inconsiderable. The exportations to other countries are of trifling amount. The declared value of beaver and felt hats annually exported is stated in the public accounts at nearly £100,000, which, however, is less than one-half the amount of those exported in 1830, which was (77,061 doz.) £209,849. The quantity imported is small, the duty of 10s. 6d. each operating as a prohibition. Straw-hats, made chiefly of wheat-straw plaited in strips and sewed together, are worn by men in some parts of the country, but only to a small extent. Straw bonnets however are, as is well known, much used by females. An account of this branch of trade will be found under the head Straw -Plat. Coverings for the head, formed of willow, straw, bark, and other rude materials, we find among the manufactures of nations in an early state of civilisation ; but the use of woollen or felt for this purpose belongs to a later period. At what time felted wool was first employed for making hats it would be difficult to say. It is known, however, to have been used in Western Europe since the 14th century, though felted hats were long articles of luxury, and worn only by the rich. In the reign of Queen Elizabeth, they became common ; and those of beaver were first introduced Into general use. The hats worn at this period were of a great variety of shapes, some with crowns peaked, some flat and broad, and others round; each kind being, besides, differently coloured and trimmed. Shortly afterwards, the rim was made remarkably broad, and when worn, was liable to hang down ; these were called slouched hats. From the reign of Charles I. to that of William III., very broad brims were in fashion ; but being found inconvenient, first one, and then two flaps, were made to turn up, until about the time of Queen Anne, when a third flap was turned up, and the regular cocked hat formed. Dur- ing the ensuing fifty or sixty years, cocked hats of various sorts were much in vogue ; and in the Tatler and Spectator the " Monmouth cock," the " Ramillies cock," the " Hunting cock," and the " Military cock," are alluded to. About 1750, round hats became prevalent among the lower orders, and cocked hats were considered as a sort of distinction from them. About 1780, round hats became fashionable ; and by 1790, cocked hats were no longer common. HAVANA. [Cuba.] HAWKER. [Pedlar.] HAY (Fr. Foin. Ger. Hew), a name applied in this country to natural grass, rye-grass, clover, or sainfoin, when cut and dried for use as forage. According to Professor Low, no method of producing hay has been found comparable to that of the cultivated grasses. That made of natural grass, however, termed meadow hay, is the kind chiefly produced in England, especially in the western counties, and in the districts adjoining London, in which last it is brought to the greatest perfection : it is also the kind principally made in Ireland, and in the pastoral districts of Scotland. Clover hay, either pure, or mixed with rye-grass, is most common in the southern, eastern, and northern counties of England, and in the cultivated districts of Scotland. Sainfoin hay is confined to those districts that have a calcareous soil. In haymaking, the great object is to prepare it quickly, and with as little exposure to the weather and waste of the natural juices as pos- sible. When this is done the hay will be sweet, fragrant, and of a greenish colour. Sometimes two crops are cut from the same ground in the year ; but the last is never so good as the first in weight and quality. Clover hay commonly sells 20 per cent, higher than meadow hay, or than clover and rye-grass mixed. The produce of hay varies greatly with the season and the quality of the soil. The usual weight of a crop of meadow hay is from 1 to 1^ ton per acre ; of clover hay, from 1 to 3 tons ; of sainfoin, from 1 to 2 tons ; and of clover and rye-gras3 mixed, 2 tons per acre may be regarded as a good crop, but often the produce ia HAY 3G1 HAY greatly more. Hay, in the field-rick, weighs somewhat more than 112 lbs. per cubic yard; after being compressed in the stack, it weighs from 140 to 180 Ids., and when old about 200 lbs. The sale of hay within the district including 30 miles around London, is regulated by the act 36 Geo. III. c. 88, which provides that the load of new hay shall, until the 4th September, be sold by the load of 36 trusses, each of 60 lbs. ; the load thus weighing 1 ton. After 4th September each truss may weigh 56 lbs. only. Straw is sold by the load "of 36 trusses, each truss weighing 36 lbs. HAYTI, HISPAXIOLA, or ST DOMINGO, next to Cuba, the largest of the Antilles, is situated between lat. 18° and 20° N., and long. 68° and 75° W. It is separated on the E. from Porto Rico by the Mona Passage, and on the W. and S. W. from Cuba and Jamaica by the Windward Passage. Length, 400 miles, and breadth 150. Area 'about 25,000 sq. miles, nearly the extent of Ireland. Pop- ulation vaguely estimated at 1,000,000, mainly consisting of mulattoes, and of the descendants of aborigines mixed with Europeans and negroes ; the number of whites and negroes of pure blood is small. Capital, Port-au-Prince. This island, formerly divided between the Spaniards and French, is now an independent state, with a government nominally republican; the executive power being in a president chosen Tor life, and the legislative in a senate and a chamber of deputies : it is, however, in fact a kind of military despotism with republican forms. Hayti is a very fine island. In the centre rise the lofty mountains of Cibao, in some places 8000 feet high, which are covered nearly to the summit with vegetation and noble woods, and from them descend numerous streams, which, uniting in four large rivers, bestow extreme fertility on the valleys beneath. From the Cibao hilly ranges branch off in different directions, running mostly from east to west. In some parts there are extensive plains ; the largest of these, called Los Llanos, lies along the S. coast from the town of St Domingo eastward to Higuey, a distance of 80 miles in length, and 30 in breadth ; but it is only a bare savannah, used for pasture-ground. It is sepa- rated by a low range from the fertile but ill-cultivated plain of La Vega, about 50 miles long, and 30 in breadth. Except on the E., where low and swampy lands prevail, the shores are in general bold, and almost every where surrounded by small uninhabited islands and dangerous reefs. The climate of the lowlands is hot, humid, and, for Europeans, very unhealthy. As in other tropical countries, the year is divided between the wet and dry seasons. [West Indies.] Prior to IJfW, the island was celebrated for its extensive plantations of sugar, coffee, and cot- ton ; and the average annual exports of the French portion consisted of 5X, 000,000 lbs. claved sugar, 87,000,000 lbs. muscovado, 72,000,000 lbs. coffee, 7.000,000 lbs. cotton, 950,000 lbs. indigo, 23,0< hhds. molasses, besides rum, hides, and other articles, the value of the whole amounting to nearly £5,000,000 sterling. But the present population having few wants, and being en- abled, from the abundance of fertile land, to obtain the bare means of existence with facility, engage only in the lighter kinds of labour ; and the plantations have now almost entirely disap- peared, except those of coffee, which are also much reduced. Cotton continues to be reared only to a very small extent. Maize, millet, cassava, plantains, and sweet potatoes are cultivated, and with cocoa-nuts, cabbage-trees, pine-apples, and garden fruits, supply the chief subsistence of the na- tives. But the principal commercial products are now derived from the forests, which yield ma- hogany and various dye-woods in great luxuriance. In the plains in the eastern districts there are numerous herds of cattle. The island contains mines of gold, silver, copper, tin, iron, and rock-salt ; their produce, however, is at present trifling. The gold mines were at one time work- ed, but they have been long since abandoned. The exports of the great staples, on an average of the three years 1835, 1836, and 1837, con- sisted of 38,953,482 lbs. coffee ; 8,699,292 lbs. logwood and other dye-woods ; 5,055,507 feet ma- hogany ; 8nd 1,245,148 lbs. cotton ; considerable quantities of tobacco and cocoa were also ship- ped ; the minor articles being hides, rags, wax, ginger, and sugar. These commodities are sent to Great Britain, France, the United States, Germany (principally Hamburg and Trieste), and Holland. The imports are, from Great Britain, cotton manufactures (£260,000); linen manu- factures (£85.000) ; with small quantities of woollens, soap, and candles, earthenware and hard- ware ; the whole, in 1839, amounting to about £400,000 : from France, wine, brandy, silks, shawls, porcelain, gloves, and articles of bijouterie; from the United States, lumber and provi- sions ; from Germany and Holland, linens, especially bagging, coarse woollens, and Rhenish wine*. A contraband trade is besides carried on with Cuba and Jamaica, the intercourse with the lat- ter being prohibited by the act 3 & 4 Wm. IV. c. 59. This illicit trade is chiefly prosecuted at Cayes, a flourishing port on the S. W. shore, where there are several British houses established. In 1836, the shipping that entered the six principal ports consisted of 369 vessels, burden 50,5»0 tons; and cleared 385 vessels, burden 52,485 tons. Of these there were of British ships, entered, 84 vessels, 12,807 tons ; and cleared, 99 vessels, 15,127 tons. The external trade is entirely in the hands of foreigners, who are treated with much illiberality, being burdened with a heavy license-duty, loaded with vexatious regulations in regard to their dealings, and confined as to their residence to the free ports. These last are, Port-au-Prince, Cape Haitien, Cayes, Jacmel, Gonaives, Puerta Plata, St Domingo, and Jeremie; the first being the chief emporium of the island. Port-au-Prince, the seat of government, lies on the W. coast, in lat. 18° 32' N., and long. 72° 23' W., in the innermost recess of the bay of Gonaives. The streets are commodious, but the houses in general are low and mean ; pop. 30,000. It has two harbours, formed by some islets, both of which afford secure anchorage. EEC 3G2 HEM Measures, Weights, Months, Finances, &c. must be paid in effective Spanish or North Ame- rican dollars. The Revenue in 1837 amounted to §2,082,522, of which about one-half is derived from import and export duties, three-eighths from territorial imposts, and theremainder from stamps, licenses, and petty taxes. In the same year, the expen- diture was §2,713,102, including $536,305 to- wards the national debt. S The, Measures and Weights are chiefly those of the old French system, including the " poids de marc." The old English wine gallon is also employed. The carreau of land = 1*8125 acre. The Money of account is the current dollar (or gourde), of i00 cents, the precise value of which cannot be assigned, as the coinage of the island, besides being of a very low standard, is exceed- ingly irregular. Since 1835, the customs duties Hayti was discovered by Columbus on his first voyage (1495), and colonies were formed by the Spaniards, which, however, were much neglected after the conquest of the American continent. In 1697, the western districts were ceded to France, natives of which country, mostly buccaneers, had previously settled there in an irregular manner. These districts were cultivated by the French with great care, and additional parts of the island being afterwards obtained, Hayti became the most valuable of their foreign possessions, especially after 1722, when the monopoly of trading companies was abolished. The prosperity of the island was at its height when, in 1791, revolutionary tumults arose among the blacks, which, in the course of a few years, led to the massacre or expul- sion of all the whites. After a time two republics were formed ; but at length (1820) the whole was united under the authority of President Boyer, who, in 1822, also subdued the Spanish portion of the island. In 1825, the independence of Hayti was recognised by France, to whomfr. 150,000,000 were guaranteed as an indemnity for the losses of the colonists : this sum was afterwards reduced to fr. 90,000,000, of which fr. 50,000,000 have been paid. Under the existing constitution all Haytian citizens, of whatever origin, are distinguished by the name of blacks. Whites are debarred" from either becoming citizens or proprietors of land; but Indians, Africans, or their descendants, are entitled to these rights after one year's residence in the island. The Roman Catholic religion is established ; but all other sects are tolerated. The established religion, however, possesses no efficiency or influence in the state. Morals are gen- erally disregarded ; and the private habits of the people are chiefly characterized by indolence, ignorance, licentiousness, and filth. HECTARE, the principal laud measure in France = 2*471 143 Imp. acres = 2 acres 1 rood, 35 sq. poles, 11 1 sq. yards ; or 17 hectares = 42 Imp. acres nearly. HECTOLITRE, a French measure of capacity, = 22 Imp. gallons or 2| Imp. bushels nearly. HELENA, ST, a rocky but verdant island in the S. Atlantic, which formerly belonged to the British E. I. Co., and was surrendered by them to H. M. govern- ment at the expiry of their charter in 1833. Area, 47 sq. miles ; population, exclusive of troops, 5000, consisting of Europeans, Chinese, and blacks. The island is important solely as being a place of refreshment for ships, and as a naval station. The climate is salubrious. James Town, the seat of government, and the only port, is in 15° 55' S., and 5° 49' W. There is a good anchorage, but the surf upon the shore is generally strong, particularly about Christmas. HELIGOLAND, a small fortified island nearly 3 miles in circumference, lying in the German ocean, in 54° 12' N., and 7° 53' E., about 30 miles from the mouths of the Elbe, Weser, and Eyder ; population 2400, chiefly fishermen and pilots. It was taken by the British from the Danes in 1807, and became a depot for goods which were smuggled into the continental ports during the war. In 1814, it was formally ceded to Great Britain, under whose government it still continues. Heligoland has lost its former consequence, but it would be again valuable in the event of war with any of the neighbouring powers. HELIOTROPE, a variety of jasper occasionally marked with red spots, whence its vulgar name of bloodstone. HELLEBORE is of two kinds, black and white. Black hellebore is a plant (Helleborus niger) indigenous to the Alps, Pyrenees, and Apennines, and cultivated in our gardens for the radicles or small branches of the roots, which are used in medicine as a purgative. White hellebore ( Veratrum alburn) grows spontaneously in Switzerland and the mountainous parts of Germany, and its dried roots are used in medicine, both internally and externally. HEMP (Fr. Chanvre. Ger. Hanf. It. Canape. Rus. Konapli, Konopel. Sp. Canamo), a valuable plant (Cannabis sativa) of the nettle tribe, remarkable for the tenacity, durability, and elasticity of its fibres. It grows in Eastern coun- tries, and from a remote period has been distributed over the N. E. of Europe. At present it is reared principally in Russia and Poland, and in Italy, near Naples. The plant is graceful in form, rising in northern latitudes to the height of 5 or 6 feet, and on the fertile soils of warm countries to 12 feet. It prefers a rich vegetable soil, though, according to an Italian saying, " Hemp may be grown every where, but it cannot be produced fit for use, either in heaven or earth, with- out manure/' It possesses the anomaly of growing upon the same spot for succes- HEM 363 HEM sive years without degeneracy. The seed is sown in northern countries towards the end of April or beginning of May, and the plant is pulled in autumn. Being dioecious (i. e. with male and female flowers on different plants) there are two harvests ; the first, of the male plants after they have discharged their pollen; the second, of the female, or seed-bearing plants, about a month later, when the seeds are ripened. The former is distinguished from the latter by its numerous flowers. After being pulled and dried, the female plants, besides being slightly thrashed in order to separate the capsules from the stems, hemp, like flax, is subjected to a steeping or water- rotting process, in order to destroy the texture of the glutinous substance which connects the fibres to the woody part of the stem. Sometimes the steeping process is omitted, and the hemp is simply dew-rotted, by being exposed, spread out on the ground, to the influence of rain and moisture. It then undergoes the several processes of drying, bruising, and scutching ; after which it is bound up in bunches and carried to market, — that which breaks off or is shaken out in these operations, termed codilia, being of much less value. The best is of an equal green colour, free from spills, and having a strong, fine, thin, and long fibre. The produce of fibre varies from 30 to 50 stones and upwards per acre. Hemp then passes through various operations, according to the purpose to which it is to be applied. First it is heckled, and arranged into sorts, — the coarser being termed shorts and tow. It then passes into the hands of the spinner, of the whit- ster, and of the weaver by whom it is made into sailcloth, sacks, common towels and tablecloths, and other coarse fabrics. It is also very extensively used for the manufacture of cordage, but its employment for this purpose is less general since the introduction of chain-cables. The plant is cultivated to some extent in the counties of Suffolk, York, Somerset, and Lincoln ; but throughout this country generally it has been found less profitable than corn ; and with the exception of small quantities from Italy, and a few trifling shipments from other places, our manufacturers are almost exclusively supplied from Russia. It is principally shipped from St Petersburg and Riga ; the latter being, in general, the finest. St Petersburg hemp, derived from the provinces of Kaluga, Orel, Kursk, Tula, Smolensk, Mo- hileff, and Tsehernigoff, is distinguished by the braaek, or sworn inspectors, into three sorts,— clean, outshot, and half-clean ; each in two classes, uncut and cut; the bulk consisting of the former class. The distinctions of winter-dried, spring-dried, and middle-dried, sometimes noticed, afford no criterion of quality, each proving sometimes better and at other times inferior to the others. It is shipped in bundles"; that of clean weighs from 60 to 65 ; of outshot, from 50 to 60 ; and of half- clean, from 40 to 50 poods ; 63 poods being equal to the ton of 20 cwt. The supplies are brought from the interior chiefly by water, the principal part arriving in June and July, the rest later. In the winter season (from November to May), purchases are sometimes made in anticipation of the next supply, part or all the price being paid in advance, and sometimes purchases are made of " remainders" of that of the preceding year. The latter will, of course, be ready for early shipment, while the former, called " contract hemp," can seldom be exported before midsummer. But during summer, purchases may be made with the advantage of a better choice of qualities ; though in general not only the exchange but prices are then higher than during the contract season, when dealers sometimes make cheap sales in order to raise money. The supply brought annually to the St Petersburg market is valued bv Mr Clark in his " Russia Trader's Assistant," {Exports, p. 59,) at £1,000,000, provided by 24 or 25 traders. Ri'ja hemp is distinguished by the braaek as Ukraine, Polish, and Druyaner, each of these kinds having the following gradations of qualitv :— Rhine, or 1st sorts, marked D R H, P R H, and D R H : Outshot, or 2d sorts, marked U O H. and POH (none of Druvaner) : Pass, or 3d sorts, marked U P H, P P H, and D P H : Codilia, marked H C. Purchases are made at this port in the same manner as at St Petersburg. The annual exports from Riga amount to about £350,0* 0. The following from the Dundee price current of 9th August 1841 shows the comparative esti- mate in which the different kinds are held in the principal British market :— Riga, Rhine, .. . Outshot, . Pass, ..£41 ....38 35 to £ . . .'.' 36"o"o .. 20 Petersburg, Clean,. . . .... Half-Clean, Codilia, India Jute .£39 ...33 ...18 10 ...15 to £40 .. 34 .. 19 .. 16 o Codilia,.. ...19 (1 During the last war, the price of hemp was subject to great fluctuations ; rising from £25 a-ton in 1792, to £118 a-ton, the rate at which it stood in 1808 under the influence of the restrictions imposed by the Milan and Berlin decrees. Subse- quently to 1815, it has oscillated between £24 and £50 a-ton. The import duty on undressed hemp since 1832 has been only Id. per cwt. ; on dressed, it is £4, 15s. pes cwt., which is prohibitory. Besides common hemp, a variety of other vegetable substances of the same na- ture, as coir, jute, and sunn, are imported into this countrv, in increasing quantities, from Ceylon, India, and the Philippines, and applied to the same purposes; and the HEN 304 HER whole of which are entered in the public accounts under the name of hemp. A description of these substances will be found under their proper heads; and a further account of the trade generally under Linen Manufactures, Rope, &c. Account of the Quantities of undressed Hemp imported into the United Kingdom from various Countries, and entered for Consumption in the five Years ended 5th January 1840 : — 1835. 1836. 1837. 1838. lb39. Cwts. 610,519 18,926 37 50,408 3,157 4,512 Cwts. 556,458 4,784 30 21,057 3,703 Cwts. 591 ,675 3,126 15 170,252 5,347 3,206 Cwts. 581,000 4,950 7,306 131,405 110 5,605 Cwts. 781,012 14,691 19, 546 167,139 2,226 11,079 Italy America, chiefly United States Total imported. . . . . Entered for consumption 687,559 586,032 773,621 730,376 995,693 643,122 567,892 651,613 733,378 908,735 In 1840, the quantities were, imported, 684,921 cwts. ; entered for consumption, 737,291 cwts. The importations of codilla and tow of hemp are not distinguished in the public accounts from those of Flax. S Hemp-seeds, the produce of the Cannabis sativa, abound in a thick mucilage, and are sometimes used medicinally for the preparation of emulsions : a useful oil is also obtained from them. About 10 or 12 bushels to the acre are considered as a medium produce. The best are held to be those obtained from Riga ; but wherever procured, care should be taken that they are fresh, which will be known by their being heavy, and bright in the colour. About 3500 quarters are imported annually. Hemp-seed Oil, obtained from the seeds by pressure, is similar in its qualities to linseed oil. It is of a green colour, and strongly impregnated with the peculiar odour of the plant. It is made in immense quantities in Russia. In ancient times the hemp-plant appears to have been valued more for its medicinal properties than for its adaptation to the manufacture of cordage. It contains a deleterious narcotic secre- tion of great energy ; and in various eastern countries, an infusion of the leaves is at present much nsed for inducing the drowsy ecstatic feeling for which opium is esteemed. The leaves, chopped very fine, are also mixed with tobacco for smoking. HENNA, a reddish-brown substantive dye procured from the leaves of the Egyptian privet (Lawsonia inermis), is used extensively by Egyptian and Asiatic females for colouring certain parts of their hands and feet. It is also employed in the east for dyeing ordinary stuffs. HERRINGS (Du. Haringen. Fr. Harengs. Ger. H'dringe, Heringe. It. Aringhe. Por. & Sp. Arenques. Rus. Seldi). The herring is a fish (Clupea ha- rengus) ranked by Cuvier in the same order with the pilchard, sprat, shad, an- chovy, and white bait. The body is covered with scales, the upper part is blue or green according to the light, the lower part of a silvery white ; ordinary weight 5^ ounces, and length 10 to 12 inches ; owing to the gill-lids being very loose and opening wide, it dies almost the instant it is taken out of the water. The opinion of Pennant that the herring periodically migrates from within the Arctic circle to the British seas to deposit its spawn is rejected by modern zoolo- gists. " The herring inhabits the deep waters all round the British coasts, and approaches the shores in the months of August and September for the purpose of de- positing its spawn, which takes place in October or the beginning of November. It is during these months that the great fishing is carried on, for after the spawning is over it returns to deep water. The mode of fishing for herrings is by drift-nets, very similar to those employed for taking mackerel and pilchard, with a slight difference in the size of the mesh. The net is suspended by its upper edge from the drift rope by various shorter and smaller ropes called buoy ropes ; and considerable practical skill is required in the arrangement, that the net may hang with the meshes square, smooth and even in the water, and at the proper depth; for according to the wind, tide, situation of their food, and other causes, the herrings swim at various dis- tances from the surface." — " The size of the boat used depends on the distance from shore at which the fishery is carried on ; but whether in deep or in shallow water, the nets are only in actual use during the night. It is found that the fish strike the nets in much greater numbers when it is dark than when it is light ; the darkest nights, therefore, and those in which the surface of the water is ruffled by HER 3G5 ITER a breeze, are considered the most favourable. It is supposed that nets stretched iu the daytime alarm the fish, and cause them to quit the places where that prac- tice is followed ; it is therefore strictly forbidden." ( YarreWs British Fishes.) The herring fishery has been prosecuted on the British shores from a remote pe- riod ; but its early history is involved in obscurity. The progress of the Dutch herring fishery is well known. There is a popular saying in Holland that " the foundation of Amsterdam is laid on herring bones," in allusion to the fishery having formerly been its great staple. Under the stadtholders this fishery was considered as the right arm of the republic, and it was always entitled the " Grand Fishery." When in the height of its prosperity (about 1650), the total number of vessels which it employed, including those engaged in bringing salt and exporting the fish, was stated at 6400, and the number of mariners and fishermen at 112,000. The extraordinary progress of that people led to various measures in this country for encouraging the British fisheries. These measures assumed a variety of forms at different times, — such as fishing towns built at the public expense, — asso- ciations under royal patronage,— the strict observance of Lent, — remission of the salt duties, — the importation, duty free, of foreign commodities received in ex- change for fish, — lotteries, — collections in churches, — rendering it obligatory upon victuallers to take yearly a certain quantity at 30s. a-barrel,— and lastly, direct bounties. These "encouragements" all failed in communicating any thing like permanent prosperity to the fishery ; and some of them, particularly that of boun- ties, led to great abuses ( Wealth of Nations, b. iv. c. 5). It would exceed the limits of this article to specify the different changes which took place in the bounty system. It may be mentioned, however, that in 1820, after various modifications, an allowance of 20b. a-ton, increasing under certain circumstances to 50s., was granted on all vessels of from 15 to 60 tons fitted out for the shore fishery, exclusive of a premium of 4s. per barrel on herrings cured gutted, and of 2s. 8d. per barrel on those exported. In a few years afterwards, the principle of bounties was aban- doned; in 1826, the export bounty was withdrawn, and the bounty of 4s. was re- duced Is. each succeeding year until 1830, when it ceased altogether. The withdrawal of the bounties, so far from having injured the herring fishery, has had a contrary effect. The fishermen, no longer encouraged to look to extra- neous aid, and relieved from the intrusion of landsmen who engaged for a few weeks in the fishery for the purpose of obtaining the bounty, have redoubled their exertions, and are now better clothed, better fed, and more temperate than before ; while in many cases they have been enabled by their industry to substitute for the small boats formerly used others of much larger dimensions, and to provide themselves with superior fishing materials. The following statement exhibits a comparative view of the fishery both before and subsequent to the abolition of the bounties : — Year to April 5. No. of Barrels Cured. Barrels Branded. No. of Barrels Exported. Gutted. Ungutted. Total. Gutted. Ungutted. Total. 1811 65,430 26,397 91,827 55,662 18,880 19,253 38,133 1815 105,372 54,767 160,139 83,376 68,938 72,367 141,305 1820 347,190 35,301 382,491 309,700 244,096 9,420 253,516 1825 303,397 44,268 347,665 270,844 201 ,882 134 202,016 1830 280,933 48,623 329,556 218,418 177,776 3,878 181,654 1835 217,242 60,075 277,317 85,079 156,225 2,580 158,805 1836 397,334 98.281 497,615 192,317 270,846 2,547 273,393 1837 290,077 107,660 397,737 114,192 187,238 2,027 189,265 1838 382,400 125,375 5-7.77.-- 141,552 229,160 5,997 235,158 1839 382,229 173,331 555,560 153,659 233,690 6,040 239,730 1840 410,332 138,465 548,798 152,231 253,883 1,968 255,851 Herrings are brought to market in three forms : fresh herrings are the condition in which they are taken from the sea ; white or pickled herrings are merely salted and put into barrels ; red herrings are gutted and salted, and afterwards hung up and fired with the smoke of green wood. Fresh herrings are consumed in consid- erable quantities in towns adjoining the coast ; but it is the pickled and red her- rings which form the great objects of the fishery. The boat fishery is that chiefly pursued when the fishing ground is not at a great distance from the shore. The deep- sea fishery, where the fishermen go out to sea wherever the fish are to bo found, requires vessels of a larger description (generally from 30 to 80 tons), as the herrings are pickled and stowed on board. The vessels fitted out for this fishery commonly meet with the earliest and best herrings ; and owing to the circumstance HIC 366 HOG of the fish deserting parts of the coast which they have heen accustomed to fre- quent, it is a more regular source of profit than the boat fishery, though it re- quires larger capital. The British cured herrings, though now much better than formerly, are still inferior to the Dutch; the British fishery, depending for its prosperity upon quantity rather than quality. The fishery is mostly on the N. E. coast, particularly at Wick and Dunbar ; it is also pursued extensively in the Orkney and Shetland Isles, on the W. coast of Scotland, Isle of Man, Yorkshire coast, and at Yarmouth, where red herrings are largely cured for the home market. A great proportion of the Scotch cured herrings is sent to Ireland, especially to Limerick, and exported to foreign parts. In 1839, the total exportations from the U. K. were, to British W. Indies, 12,344 barrels ; Prussia, 62,073 ; Germany, 18,021 ; Russia, 6074; Italy and Sicily, 29,648 ; Mauritius, 3340 ; Australia, 1760 ; other countries, 4429 ; total, 137,689 barrels ; declared value, £143,067. The market abroad is much less extensive than it might be if no impediments were offered by heavy duties. In Spain, Portugal, Italy, and India, the consumption might be rendered much greater. Notwithstanding the repeal of the bounties, the fishery is still under the surveil- lance of a " Herring Board," which has officers at the different fishing stations, to superintend the curing department, and who affix an official brand to barrels con- taining a certain quality of fish. The " British Society for extending the Fisheries and improving the Sea Coasts" is a patriotic joint-stock company, which was incorporated in 1786, for building stations in the Highlands and Islands of Scotland. No dividend has yet been made by the corporation ; but it is still expected that their lands, harbours, and buildings, may yield a rent. The last of herrings is 13,000. The barrel is 32 old English wine, or 26§ Imp. gallons. The cran is 45 wine, or 37 1 Imp. gallons. A cade is 500 herrings, s HICKORY, a tree (Carya) common in this country, and growing on a large scale in many parts of the United States. Several species are recognised, though no difference can be distinguished in their timber, which is cross-grained, red at the heart, heavy, and exceedingly tough and strong ; but it is subject to be attacked by worms, and it decays quickly when exposed to the weather. It is chiefly employed for carriage-shafts and springs, large screws, chair-backs, hoops, whip-handles, and similar purposes. The hickory was formerly combined with the Juglans or true walnut ; but it is distinguished by the shell of its nuts not being deeply furrowed. The nuts of one species (C. olivaformis), called Pecan nuts, form a small article of N. American trade. HIDES (Du. Huiden. Fr. Peaux. Ger. Haute. It. Cuoja. Por. Pelles. Rus. Koshi. Sp. Pellejos, Pieles), the skins of cattle, form an important branch both of our inland and foreign trade. Various kinds are distinguished. Raw or green hides are those in the state in which they are taken from the carcass ; salted hides are those dressed or seasoned with salt, alum, or saltpetre, to prevent them from putrefying; and tanned or cured hides. The animals whose hides are met with in commerce are the ox, buffalo, and horse. The buffalo hide is larger and heavier than that of the ox, and is, besides, distinguished by a tuft of hair on the shoulders. Losh hides are buffalo and others dressed in oil in the same way as chamois skins. Muscovy or Russian hides are tanned and coloured of a brown or red colour. The quantity of untanned hides annually imported into the United King- dom is now from 350,000 to 400,000 cwts., fully seven-eighths of which are entered for home consumption. Upwards of one-half of the whole importations is from Buenos Ayres ; considerable quantities are likewise brought from Brazil, the East Indies, Cape of Good Hope, and United States ; while smaller shipments are made from the N. of Europe, Morocco, Philippine Islands, W. Indies, Australia, and other places. The importations of tanned hides, owing to the heavy duty, are inconsiderable, seldom exceeding in a year 100,000 lbs. [Leather. Skins.] S HIMTEN, a German corn measure, varying in different places. HIRING. [Bailment. Carriers. Charter-Party. Shipping. Master and Servant. Principal and Agent.] HOG, one of the most useful and widely distributed of the domestic animals. It possesses extraordinary fecundity, lives and thrives on almost every kind of food, and converts a given quantity of aliment into fat sooner than any other animal. Of the domestic hog (Sus aver) numerous varieties are distinguished. In England, the chief are— the Chinese nog, of eastern origin, small in size, delicate of aspect, and remarkable for its fecundity and disposition to fatten ; the Neapolitan, smooth and black, also highly prolific, though not hardy ; the Berkshire, middle sized. HOG 367 HON and reddish-white colour, with brown or black spots, is much esteemed, the most fenerally spread of the native breeds, and is that commonly fed in distilleries; the [ampshire, chiefly of a white colour, is the best of the larger classes. Other varieties exist in various counties. In Scotland, there are several mixed kinds. In Ireland, they are usually of a large size and coarse form. In the hog, the same external characters indicate a disposition to fatten, as in other live stock. " The chest should be deep and broad, the ribs largely arched, the neck short, and the head and limbs small ; the bristles should be soft, approaching to hair, and the skiu soft and elastic." {Low's Agriculture.) The animal is fed for two purposes. The one is to yield pork, which may be used either fresh, salted, or pickled, and for which the pigs are ready in 6 or 8 months ; the other is to produce bacon, prepared by salting and drying the flesh, and for which they are ready in 10 or 12 months. The smaller class of early feed- ing pigs is preferred for the former purpose, the larger class, as the Hampshire, for the fatter. In the case of pickling pork, the carcass is cut into pieces, and packed in kits or barrels. When designed for bacon, the body is cut so as to separate the hams or legs from the flitches or sides : It is generally cured in the cold months, from September to April. The flesh of the hog is highly nutritive, and it forms a great part of the animal food of the labouring classes of many countries, espe- cially England ; while, from its ready reception of salt, it is better fitted for pre- servation than any other flesh, and is thus eminently adapted for sea voyages, for which purpose it is largely used. In England, Yorkshire and Westmoreland are distinguished for the quantity and quality of their hams. The best bacon is made in Wilts, Hampshire, and Berks. But the English hams and bacon are now confessedly rivalled by those of the Scotch counties — Dumfries, Wigtown, and Kirkcudbright — large quantities of which are shipped to Liverpool. In Ireland, hogs are very generally reared, the pig being an inmate of almost every cottage ; and large quantities of pork, bacon, and hams, are sent from thence to Liverpool, Bristol, and Glasgow. They are comparatively coarse and ill flavoured, an inferiority resulting as well from bad feeding as from want of skill and attention in the process of curing. The shipments from Ireland to Britain in 1825 were, — bacon and hams, 362,278 cwts. ; beef and pork (not separated in the public accounts), 604,253 cwts. ; and in 1835, bacon and hams, 379,111 cwts., estimated value, £828,158; and beef and pork, 37(1.172 cwts., value, £723,935. The exportations from the United Kingdom have increased of late years, and in 1839 the quantities and declared value were as follow, — bacon and hams, 31,519 cwts., £98,431 ; beef and pork, 66,222 barrels, £227,465 ; sent mostly to the W. Indies, and in small quantities to British America, Australia, Cape of Good Hope, Mauritius, India, Spain, and other places. The importations are now con- siderable. HOGSHEAD, a British measure of capacity prior to the introduction of the Im- perial system. The wine hogshead contained 63 wine gallons = 52"49 Imp. galls. The ale hogshead contained 54 ale gallons = 54*92 Imp. galls. HOLIBUT, a large flat fish (Hippoglossus vulgaris), sometimes confounded with turbot, but much inferior in quality. The flesh, though white and firm, is dry, with but little flavour. Its capture is principally confined to the northern fisheries. HOLLAND [Netherlands, Kingdom of the]. S HOLOGRAPH, in the law of Scotland, is an expression used to designate a deed which, from being wholly in the handwriting of the granter, is, to a certain extent, privileged, and probative without the solemnities which other deeds require in their execution. HONDURAS (BRITISH), a settlement extending along the E. coast of Central America, between lat. 15° 54' and 18° 30' N., and long. 88° and 90° W. Area, ill denned. Population in 1839, whites, 235 ; coloured, 7700 ; total, 7935. It is governed by a superintendent, who is assisted by seven councillors elected annually. The shore is studded with low coral isles, called keys, and the coast is rocky but flat ; the land, however, gradually rises into a bold and lofty region, interspersed with rivers and lagoons, and covered with noble forests. The country is rich in vegetable productions, and arrowroot and rice are grown to a small extent, but cultivation is neglected, and the inhabitants chiefly employ themselves in wood-cutting, principally the mahogany tree, of which this district is the chief seat, and collecting natural produce. The exportations in 1836 consisted of 9,768,293 square feet of mahogany, 992 tons logwood, 3585 tons cochineal, besides hides, cocoa-nuts, cedar, turtle, and other articles. Balizt, the only town and port, is built on both sides of the river of that name, in lat. 17° 30 / N., long. 88° 8' W. The houses, constructed of wood, are raised 8 or 10 feet from the ground, on HON 3G3 HOP pillars of mahogany ; pop. about 5000. There is excellent anchorage for vessels of moderate size, which is protected 'by the numerous keys from the heavy swells of the open sea. Besides the ex- i)ortation of the produce of the colony, Balize has of late years become the depot of British manu- actures and foreign merchandise designed for the consumption of Central America, which are forwarded thence to Izabal and Omoa. The imports as well as exports of Balize, and the colony generally, are estimated to amount to between £400,000 and £500,000. In 1839, 107 vessels entered, of which, belonging to Great Britain, 81 ; British colonies, 4; United States, 22. The measures and weights are British, and accounts are kept in pounds, shillings, and pence currency. The nominal par of exchange with England is £140 Honduras currency per £100 sterling, but the premium on mercantile bills is always considerably higher. In 1837, the premium was about 18 per cent., and in 1838, from 18 to 20 per cent. The Spanish dollar is valued at 6s. 8d. currency, the doubloon at £5, 6s. 8d. currency. The public revenue amounts to about £20,000. The British occupation of this coast appears to have been commenced by smugglers and logwood cutters from Jamaica, in the 17th century. In 1754, the settlers were expelled by the Spaniards, but permitted to return in 1763. In 1779, they were again expelled, but restored in 1783. The colony was once more attacked by the Spaniards in 1798, but unsuccessfully ; and the coast from the Rio Hondo, on the N., to the Sarstoon river on the S., with the adjacent country, is now con- sidered to belong to Great Britain by right of conquest. S HONE, a fine kind of stone, imported from Germany and Turkey, used for sharpening or setting cutlery. It is of a green colour, inclining to yellow, often marked with thin dendrical lines, and is moderately hard, having a fine close tex- ture resembling indurated clay. HONEY (Fr. Miel. Ger. Honig. It. Miile. Sp. Miel), a well-known product of the bee. Its taste is pleasant and sweet ; smell balsamic, and various, according to the flowers from which it is collected. When new, it is viscid, thick, and smooth ; when old, crystalline and granulated. The best is that which is freest from colour, and contains the largest grains when it concretes. That obtained from young bees, and which flows spontaneously from the combs, is the purest and finest ; it is known by the name of Virgin honey. Honey separated from the wax by expres- sion is less pure ; and there is another sort still inferior, obtained by heating the combs before they are pressed. It is often adulterated, or originally bad. When collected where fetid flowers abound, as species of garlic, its smell is offensive. Genuine honey does not ferment spontaneously or mould. It is often mixed with water to increase its bulk,— a fraud known by its thinness, and having no tendency to granulate. More commonly flour is added as well as water. This kind also granulates very imperfectly, and the adulteration is detected by dissolving it in cold water, when the flour subsides. Honey is abundantly produced in this country. It is also imported from Narbonne in France and other places. S HOONDEE, in India, a native bill of exchange. HOOPS, the circular bindings of casks or barrels. HOPS (Fr. Houblon. Ger. Hopfen). The hop, a dioecious plant (Humulus lupulus), with a perennial root, is extensively cultivated in Kent, Sussex, and Herefordshire, on account of the female catkins, which, after being picked and kiln-dried, are used by brewers for giving a bitter flavour to beer, as well as for preserving it. Hops vary in produce from 2 to 20 cwts. per acre ; from 10 to 14 cwts. is a favourable crop. The expense of forming new ground is frequently little less than £100 Der acre. Warm seasons with little rain are required for good crops. Great heat alter rains, and high winds, are particularly destructive, and they are exposed to numerous diseases and the ravages of many insects, so that their culture is both expensive and uncertain. The finer flavoured and light coloured hops are pressed into pockets, or sacks, of comparatively fine cloth, which weigh about 1| cwt. each, and are sold chiefly to the ale-brewer. The strong flavoured and high coloured hops are put into bags of a very coarse mat kind of texture, which contain generally double the weight of the pockets. These are used by porter and small-beer brewers. The fine flavour or aroma of hops does not exist a year. Beyond that time they become old hops ; and are sold at a cheaper rate to the porter-brewer. A year or two longer, and the bitter itself disappears ; and the whole becomes nothing better than chaff. The Nottinghamshire or North-clay hops, have the pre-eminence in rankness, and, accordingly, with a certain description of buyers, bear a higher price than the Kent, though that is not so high as the general price of Farnham hops. Of the Kent hops, the best are those grown near Canterbury (" Art of Brewing" Lib. of Useful Knowledge). The strength of hops is judged by the thickness and solidity of the catkins ; and the flavour by the smell. From 50,000 to 60,000 acres in England are occupied with hop gardens, about one-half being in Kent ; and an excise duty of 18s. 8d. per cwt. is levied upon their produce (45 Geo. III. c. 94), for which, however, nearly a year's credit is allowed by 1 & 2 "Win. IV. c. 53. The quantities charged IIOR 369 IIOR with dutv were, in 1835, 49,088,700 lbs. ; in 1836, 41,874,913 lbs.; in 1837, 37,295,304 lbs.; in 1838, 35,801,224 lbs. ; and in 1839, 42,898,629 lbs. The amount of duty in 1839 was £357,488. British hops are exported to Hamburg, Antwerp, St Petersburg, New York, Australia, and other The quantity imported is trifling, as the duty is of a prohibitory character. British hops reimpbrted are to be deemed foreign.— (3 & 4 Wm, IV. c. 52, § 33.) S HOREHOUND (WHITE), a common herb (Marrubium vulgare), the leaves of which are an article of the materia medica. They are of a whitish-gray, woolly appearance, and possess a faint odour, and a bitter, sharp taste. HORN (Fr. Come. Ger. Horn) is distinguished from bone by being soft, tough, semi-transparent, and susceptible of being cut and pressed into a variety of forms ; properties which fit it for being employed in turnery, for knife-handles, and in the manufacture of combs, snuffboxes, lanterns, and other articles. The horns of the ox, goat, sheep, and other animals are largely used for these purposes ; and be- sides those obtained in this country, about 30,000 cwts. are annually imported from abroad, two-thirds of which are entered for home consumption. The horns of goats and sheep are preferred from their being whiter and more transparent than those of other animals. HORNBEAM, an indigenous British tree {Carpinus betulus), common in copses. In appearance it is graceful, resembling the beech. Its wood is tough, and well suited for tool-handles, cogs, and for other purposes in which strength is required ; but it is coarse, and unfit for cabinet work. HORSE, a noble quadruped (Eouus caballus), whose beauty, strength, and doci- lity have now connected him, directly or indirectly, with almost all the pur- poses of life. The horse is strictly herbivorous. His stomach is comparatively small, and he eats often. He sleeps very little, and frequently standing. The foal is used for work when about 3 years old. The horse lives for 20 years, but is seldom capable of much work after 15. The age can be ascertained by the teeth till the eighth year ; after which he is said to be " past mark." In old ani- mals, however, the gums shrink from the teeth, which are left very long, and become of a yellow or brown colour. The horse is vastly modified in his form and character by the physical condi- tion of the countries in which he is naturalized. The pony of Norway or of the Highlands of Scotland and the huge horse of the plains present extremes of strength and size ; while, again, these contrast in a striking manner with the light form and agile shape displayed by those fed on the arid plains and scanty herbage of warmer countries. To the intermixture of the last with the former the technical term blood is applied. Importations of them anciently took place from Spain and Barbary; and at a later period from Arabia. The African and Arabian horses, accordingly, have given their characters to the blood-horse of England and its innumerable varieties. " The animal in which this effect of blood is the most remarkable is the English race-horse. For the combination of speed with the ne- cessary strength, this creature can scarcely be surpassed. He forms, however, a race of artificial creation, admirably suited for a particular purpose, but not other- wise deserving of cultivation, except from this, that it is the stallions of thi3 race that continue the excellence and purity of the parent stock. The hunter is perhaps the finest race of horses known. It combines the blood of the Arabian and other races of the South and East with the powerful form of the horses of the N. of Europe in a much happier proportion than the race-horse. From the hunter down- wards to the races where no mixture of southern blood can be traced, the grada- tions are innumerable. It is in this class that our road horses and hackneys, the horses employed in our coaches and carriages of all kinds, nay, often in the mere labour of heavy draught, are contained. It forms the most numerous class of horses in the country. But a large proportion is bad, having lost the hardiness and strength of the native race, without haviug arrived at the speed and other qualities of good breeding. The remaining class of horses consists of those in which no mix- ture, or a very slight one, of stranger blood is found. These are the ponies of our mountains, or the larger horses of the plains" (Low's Agriculture). Of the lasr, usually termed cart or farm horses, the most commonly enumerated breeds are— 1. The Old English black horse, of very large size, chiefly bred in the midland counties, from Lincolnshire to Staffordshire ; 2. The Clydesdale, or breed of the central plains of Scotland ; 3. The Cleveland Bay, the origin of the better kind ot coach-horse, bred over the whole of Yorkshire and Durham ; and 4. The Suffolk Punch, so termed from its punchy form. " In a horse where speed alone is required, the chest must not be too broad ; but in ahorse in which we require the power of active motion, or, in technical language, action, combined with endurance, there should be a sufficient breadth of chest, and a medium, therefore, is what is desired in the hackuey and hunter. In the farm- 2 A HOR 370 HOR horse the chest should be broad, because in the farm-horse we require the power of draught, and not of speed. The chest of the horse behind the shoulders should be deep ; his back, when we look for strength, without sacrificing this to mere speed, should be short; the ribs should approach near to the pelvis, as indicating strength, though if speed alone be required, this point may be sacrificed. The fore arm and hind leg to the joints should be muscular, and below the joints tendinous. The trunk should be barrel-shaped, but somewhat elliptical, and gently enlarging from the breast backward." (Ibid.) The demand for horses for the saddle, for carriages, and for the heavier labours of every kind is very great. They are mostly produced on ordinary farms ; but the race- horse and the finer animals for the saddle are bred chiefly in Yorkshire. A consider- able number of blood horses are also reared in Ireland, especially in the rich grazing counties of Meath and Roscommon ; they are smaller and clumsier than the Eng- lish, but strong and hardy, full of fire and courage, and the best leapers in the world. There are not any documents from which the number of horses kept in this country can be ascertained. The elements for such a computation, which never were very complete, have of late years been rendered much less so through the repeal of the taxes levied upon such as are used for various employments. Mr M Queen estimates the number in the United Kingdom at 2,118,195, but this we consider an exaggeration. The exportation of horses has of late years grown into importance. The quantity imported is inconsiderable. The principal repositories in London for the sale of horses by public auction or private contract, are : — Dixon's, Goswell Street, on Tuesdays and Fridays ; Horse Bazaar, King Street, Portman Square, Tuesdays and Saturdays ; Morris', late Aldridge's, Little St Martin's Lane, Wednesdays and Saturdays ; Tatter 'sail's, Grosvenor Place, Hyde Park Corner, Mondays and Thursdays. There are few sources of greater annoyance, both to the buyer and the seller of the horse, than disputes with regard to soundness. " That horse is sound in whom there is no disease, nor any alteration of structure in any part which impairs, or is likely to impair, his natural usefulness. That horse is unsound that labours under disease, or that has some alteration of structure that does interfere, or is likely to interfere, with his natural usefulness." "In the purchase of a horse, the buyer usually receives, embodied in the receipt, what is termed a warranty. It should be thus expressed : — " Received of A B forty pounds for a gray mare, warranted only five years old, sound, free from vice, and quiet to ride and drive. " C D." " A receipt including merely the word ' warranted,' extends only to soundness, — ■ warranted sound ' extends no further ; the age, freedom from vice, and quietness to ride and drive, should be specially named. This warranty extends to every cause of unsoundness that can be detected, or that lurks in the constitution at the time of sale, and to every vicious habit which the animal has hitherto shown. To establish a breach of the warranty, and to be enabled to return the horse or recover the price, the purchaser must prom that it was unsound or viciously disposed at the time of sale. In case of cough, the horse must have been heard to cough previous to the purchase, or as he was led home, or as soon as he had entered the stables of the purchaser. Coughing, even on the following morning, will not be sufficient ; for it is possible that he might have caught cold by change of stabling." " No price will imply a warranty, or be equivalent to one ; there must be an express warranty." ** The warranty should be given at the time of sale. A warranty, or a pro- mise to warrant the horse, given at any period antecedent to the sale, is invalid." " A warranty after the sale is invalid, for it is given without any legal consideration. In order to complete the purchase, there must be a transfer of the animal, or a memorandum of agreement, or the payment of earnest-money : the least sum will suffice for earnest. No verbal promise to buy or to sell is binding without one of these." " Where there is no warranty, an action may be brought on the ground of fraud, but this is very difficult to be maintained, and few possibly will hazard it. It will be necessary to prove that the dealer knew the defect, and that the purchaser was imposed upon by his false representation ; and that, too, in a case in which a person of ordinary circum- spection might have been imposed upon."— (The Horse, Lib. of Useful Know., p. 361-368.) The repositories in London and other great towns for the periodical sale of horses by auction, are of great convenience to the seller, who can at once get rid of a horse with which he wishes to part, and who is relieved from the nuisance or fear of having it returned on account of the breach of the warranty, because in these places only two days are allowed for the trial, and if the animal is not returned within that period, he cannot be returned afterwards. They are also convenient to the purchaser, who can thus soon find a horse that will suit him, and which, from this restric- tion as to the returning of the animal, he will obtain 20 or 30 per cent, below the dealer's prices. Assessed Taxes on H>rs"s & Mules in Britain.— And so on at the same rate for any number of Ho rses for riding, or drawing carriages. | SU ch horses. £ s. d. Race-horses, each 3 10 ( Horses let for hire without paying post- I horse duty, each 1 8 9 Horses rode by butchers in their trade, I each 1 8 9 J Where two only are kept, the second at 10 6 I Horses for riding, not exceeding the height of 13 hands, each 1 1 Other horses and mules 13 hands high, each 10 6 I Exemptions.— Horses used for the purposes of No. Each Hoikc. No. E. 1837. 1838. 1839. Imported, pairs . . 209,271 287,252 190,552 398,361 498,927 Entered for consumption, pairs 35,911 37,623 39,550 12,470 36,144 The advantage acquired by the Saxon manufacturers in cotton hosiery arises from the comparatively low rate of wages paid by them, and the greater proportion which the cost of labour bears to the cost of the material in that department of the trade than in the others. In cotton-hosiery goods, the cost of labour constitutes from two-thirds to five-sixths of their value, while in woollens it does not exceed two-fifths, and in silk articles the proportion is still smaller. It does not appear probable, therefore, that our manufacturers of woollen and silk hosiery have so much to apprehend from foreign rivalry as those of cotton. In Germany, according to Dr Bowring, the hosiery manufacture has grown up spontaneously, without any protection, and is one of those that has made, and is mak- ing, most progress in that part of Europe. " I believe," says he, " at this moment, the cotton frames of Saxony are equal, if they do not exceed in number those of this country." — (Report on Import Duties, 1840, p. 64.) S HOY, a long, low, flat-bottomed vessel, with one or two masts, used for carry- ing luggage and other articles along shore in smooth water. HUCKABACK, a coarse hempen or linen fabric, commonly made into towels. HUDSON'S BAY TERRITORY, the lands in North America granted to the Hudson's Bay Company. The boundaries of these lands were never very satis- factorily defined. They were declared to comprehend all districts in which was contained the source of any stream which discharges its waters into Hudson's Bay ; but since the union formed between this association and the North-west Company in 1821, it claims a kind of proprietorship over the whole of British America, with the exception of the settled provinces or governments. S This territory forms the northern part of the great central plain of N. America. Little precise information has heen obtained as to the soil, but a large part of it has a climate so unfriendly to vegetation, that even the hardiest trees are incapable of withstanding its rigour. A great portion of the S. part, however, is covered with woods, and at several places iron, copper, lead, coal, and salt have been discovered ; but the present wealth of the country consists in the fur-bearing animals, the skins of which form the principal object of traffic. Indeed, the interior must be considered as little better than a hunting-ground, with, perhaps, the exception of a district about the Red River of Lake Winnipeg, which was sold by the Company to Lord Selkirk, and is assum- ing the form of a European settlement. The inhabitants of the coast are chiefly Esquimaux, and of the central parts Indian tribes ; the whole supposed to amount to about 150,000. The Hudson's Bay Company, chartered in 1670, and possessing the monopoly of the fur trade in these regions, is now the only survivor of the numerous exclusive bodies to which many branches of British trade were at one time subjected. The supreme direction is vested in a board consisting of a governor, deputy-governor, and seven directors, who hold their sittings in London. A resi- dent governor, appointed by them, has the superintendence of all the settlements, and is assisted by local councils, composed of the principal officers in each district, who meet him at central points during his annual tours of inspection. The acting officers consist of chief factors, each of whom has charge of several posts, of principal and secondary traders, and of clerks. The higher offices are filled up according to merit from the inferior ones ; so that it is perfectly open for a clerk to rise to the rank of chief-factor. The company have at present in their employ about KiOO Europeans and their descendants by Indian wives. They have 4 or 5 principal stations. York Fort, the most important, commands all the vast region extending W. and N. of Hudson's Bay. Moose Fort, at the S. extremity of Hudson's Bay, presides overall the country between that gulf and the Canadian lakes. Ungava Bay, at the exterior entrance of Hudson's' Strait, contains a IIUN 373 ICE small station for collecting the produce of the adjacent coast of Labrador, chiefly consisting of oil from the seal and porpoise. Montreal is the centre of the transactions carried on in the Canadas. Lastly, the Company have important stations to the west of the Rocky Mountains, particularly Fort Vancouver on the Columbia, though the territory on that river is a subject of dispute between Britain and the United States. [Furs.] The Company's vessels, carrying out the stores to Hudson's Bay, sail from London on the 1st June, so as to arrive about the end of August, when the navigation becomes open. They then deposit their cargoes, which remain in store till the commencement of the ensuing season ; when in return they receive furs and other articles which have been brought from the interior, and commence their voyage to England, if possible, before the end of September. The ships employed in the trade of the western territory leave the Thames in November, and sail round Cape Horn. The trade employs 4 or 5 ships yearly. The annual value of the imports from this country is about £55,000; while that of furs and other articles exported varies from about £35,000 to £70,000. HUNDREDWEIGHT, the chief Biitish measure of weight for bulky articles, contains 112 lbs. avoirdupois. HUSBANDAGE, the commission given to a shipshusband, or managing owner. HYPOTHEC is a hen or security over some piece of property, the custody of which does not pass to the holder of the security, but remains with the proprietor of the article. The term is employed only when the property is moveable. In Scotland, the real security which the landlord has for his rent, over the produce of a farm or the furniture of a house, is called a hypothec. The laws of this country do not give encouragement to a species of security which carries so slight an indi- cation of its existence, and admits so many opportunities for fraud. There can scarcely be said to be any tacit hypothecs in existence, with the exception of those just stated, and the only instance in which conventional ones are recognised, are in the case of a security taken over a ship, or over a cargo, for necessaries on a voyage. [Bottomry. Respondentia..] In France, where these securities admit of being registered, they are more generally acknowledged. I. ICE is extensively used for a variety of economical purposes, such as cooling liquors, packing salmon, and as an ingredient in some confections. In warm climates it is prized as a luxury ; and in Bengal and other hot countries, artificial means are regularly used for its manufacture. Of late years, however, the practice has been adopted of shipping it from cold to warm countries. In September 1833, a cargo of solid ice, shipped at Boston, was discharged at Calcutta. The price at which it was offered was 3d. per lb., while the native ice could not be sold under 6d. It was packed in solia masses, within chambers of double planking, with a layer of refuse tan or bark between them ; but the Americans expected, by improved methods of packing, to lower the price of future consignments one-half. The whole quantity shipped was 180 tons, of which about 60 wasted on the voyage, and "20 on the passage up the river to Calcutta, and in stowing away. Various other vessels with similar cargoes have since arrived in India. It is also exported from the United States to Brazil and other countries. S Ice for the use of the fisheries is to be admitted duty free into Coleraine, Londonderry, and Sligo. Treat. O., May 10, 1828. ICELAND, a large volcanic island in the Northern Ocean, between lat. 63° 23' and 66° 33' N., and long. 13° 20' and 24° 31' W. Area, 38,230 square miles. Popu- lation 56,000. It is subject to the King of Denmark, by whom a stiftsamtmann or governor is appointed every five years. The aspect of Iceland is rugged, barren, and highly repulsive, — fire and ice seeming ever con- joined, and yet ever contending for the mastery. " It looks almost like the fragment of some former world that has alone escaped destruction, confirming the opinion which regards it as a por- tion torn from the bottom of the sea by the expansive energies of fire." Only about one-ninth part is inhabited, the remainder being covered with chains of naked mountains of ice, called jokuls, or with valleys rendered equally desolate by lava and ashes ejected from numerous volcanoes, including the celebrated Hekla. The island, though almost entirely in the temperate zone, approaches in climate nearer to polar lands ; trees seldom rise above 10 feet, and very little corn is grown. The main harvest is hay. the rearing of cattle forming, with fishing, the principal occupation of the people. In 1832, according to Mr Barrow, the live stock on this island was 50,000 horses, nearly 40,000 cattle, and 500,000 sheep. There are no regular trades or manufactures. " Every farmer is his own carpenter and smith, though it not unfrequently happens that the clergyman, by his superior skill, monopolizes the trade of shoeing horses." Stockings and mittens, however, knitted by the women, are largely exported ; the other exports consist of wool, skins, dried fish, o.l, salted mutton, eider-down, sulphur, and tallow, the latter being chiefly shipped from the factory of nu.-avik on the Skialfianda Fiord. The imports are rye, pease, barley, salt, brandy, iron, tar, colonial produce, tishing lines, and cables. The island is divided into four commercial districts ; — Reikiavik. Eske Fiord, Eyd Fiord, and Isa Fiord ; and ships arriving in one are not allowed to go to another. The trade is mostly carried on by the Danes, though a few British and Norwegian vessels sometimes pay the island a visit. The chief port, and almost only town is Reikiavik, lying on the S. side of an inlet of the Faxe Fiord, ICE 374 IND on the S. W. coast ; pop. 7M. The monies, weights, and measures, are the same as those of Den- mark.— (Edin. Cab. Lib., No. XXVIII., Iceland, Greenland, and the Faroe Islands.) ICELAND MOSS, a lichen (Cetraria Islandica) common in the N. of Europe and N. America, which yields a nutritive starchy substance, sometimes employed to make bread and gruel. It may be formed into a paste ; and from its possessing de- mulcent qualities, as well as a bitter principle,it is extensively employed in consump- tion and other diseases, being regarded as a dietetic as well as therapeutic agent. , IMPORTATION. [Customs Regulations.] IMPRESSMENT OF SEAMEN. The law on this subject is in a very vague and unsatisfactory state. Parliament has never yet, except incidentally, entered upon this subject, probably from a feeling that any legislation regarding it which did not involve the abolition of the practice would be very unpopular. Hence this formidable exercise of the royal prerogative has no better foundation than vague usage, sanctioned by a few decisions of the courts, and restricted by occa- sional statutes. There have been many discussions as to the origin of the practice, and its legality has often been called in question. The existence of the power, however, though its extent is very obscure, has been held to be acknowledged by the judgments of the courts, and the restrictive clauses in the statutes. Of the exemptions, which are thus the only branch that can be distinctly laid down, the following is a general statement. 1st, Persons above 55 and under 18, foreigners serving in British merchantmen, and able-bodied landsmen who have joined the sea-service and have not been more than two years attached to it (13 Geo. II. c. 17). 2d, For every 50 tons of a ship in the coal-trade, one seaman, nominated by the master and certified by a magistrate. This exemption is annual, from 15th April to 1st January (6 & 7 Wm. III. c. 18, § 19). 3d, Masters of vessels, and others employed in the coast-fishery, according to certain minute provisions in 50 Geo. III. c. 108. 4th, Harpooners, line-managers, and boat-steerers of vessels in the south- sea whale-fishery (26 Geo. III. c. 50, § 25). By 4 Geo. IV. c. 24, § 4, all enrolled apprentices were exempted from serving in the navy. That act was repealed by 5 & 6 Wm. IV. c. 19, which is less distinct in its enactments, and which indeed, though professing to consolidate all the law3 of the mercantile navy, contains no exemptions from impressment in direot terms. The act declares (§ 39) that " no parish or voluntary apprentice to the sea-service shall be at liberty to enter into the naval service during the period of his apprentice- ship without the consent of his master ; but if, nevertheless, he shall voluntarily enter on board any of his Majesty's ships of war, and shall be allowed by his master to continue therein," the master, on intimating his consent, becomes entitled to the apprentice's wages earned up to the period of the expiry of his indenture. There are clauses for authorizing registered mariners to break their agreements for the purpose of entering the navy, and these also are expressed in such terms as if there were no such practice as that of impressment. The whole statute will be found abridged under the head Seamen. INCH, in long measure, is the •j'gth of the foot. In this country it was anciently subdivided into 3 barley-corns, but now more commonly into eighths or tenths. In superficial measure, however, it is divided into 12 lines or parts, each part into 12 seconds, and each second into 12 thirds. These are called duodecimals. INDIA (BRITISH). Under this head we intend to describe the territories of the East India Company inHindostan, and the adjoining regions on the Asiatic continent ; noticing generally at the same time, however, the native states in those countries which are under British protection, as well as the few that still remain independent ; as our possession (with trifling exceptions in favour of Sinde and some European powers) of the whole coast, from the mouth of the river Indus on the W., to the extremity of the Bay of Bengal on the E., enables us to exercise a sort of commercial dominion over the whole. These regions, comprising, with the foregoing exceptions, all Continental India, may be generally defined as extending from the Himmaleh mountains on the N. to Cape Comorin in the Indian Ocean on the S., and from the Indus on the W. to the Burmese territories on the E., — the extent and popula- tion of the whole being as follows : — Area in square miles. Population. Presidencies of Bengal, Madras, and Bombay, in- ) con nnn QQ Qnn nf . A eluding the acquisitions from the Burmese in 1826, J" 6 * 30 ' 000 83,300,000 States under British protection,* 550,000 40,000,000 Nepaul, Lahore, and other independent states, 177,000 11,000,000 Total, 1,357,000 134,300,000 * Exclusive of the recent conquests of Scinde and the Punjab. IND 375 IND The Company's Settlements of Malacca, Penang, and Singapore, and the Crown Colony of Ceylon, commonly included in British India, are described under their tive heads ; while under East India Company will be found an historical, political, and financial account of that body. The Geographical Features of India are distinguished at once by their grandeur and their variety, it is, as it were, an epitome of the whole world. Its vast plains present the double harvests, the luxuriant foliage, and even the burnin? deserts of the torrid zone ; the lower heights are enriched by the fruits and grains of the temperate climates ; the upper steeps of the Himmaleh are clothed with the vast pine forests of the north ; while the highest pinnacles are buried beneath the perpetual snows of the arctic zone. The main body as it were of India, — the chief scene of her matchless fertility, — is composed of a plain, extending along the entire breadth from east to west, between the Brahmapootra and the Indus, and reaching in point of latitude from the great chain of the Himmaleh to the high table- land of the Southern Peninsula. It thus possesses a length of about 1500 miles, with an average breadth of from 300 to 400. With the exception, perhaps, of the country watered by the great river of China, it may be considered the finest and most fertile on the face of the earth. Of this general character of the Indian plain, the province of Bengal presents the most complete and striking example, — no part of it being diversified with a single rock or even a hillock. The Ganges pours through it a continually widening stream, which, during the rainy season, covers a great extent with its fertilizing inundation. From this deep, rich, well-watered soil, the sun awakens an almost unrivalled power of vegetation, and makes it one entire field of waving grain. Bahar, further up the current, has the same general aspect, though its surface is varied by some slight elevations ; but Allahabad, higher still, is mostly low, warm, and fruitful, exactly like Bengal. North of the river, the provinces of Oude and Rohilcund, sloping gradually upwards to the moun- tains, enjoy a more cool and salubrious climate, and display in profusion the most valuable pro- ducts both of Asia and Europe. Here the valley of the Ganges terminates, and is succeeded by that of the Jumna, more elevated, and neither so well watered nor quite so fertile. The Doab, or territory between the two rivers, requires in many places artificial irrigation. Its woods, how- ever, are more luxuriant ; while the moderate cold of its winter permits a crop of wheat or other European grain to be raised, and the summer is sufficiently hot to ripen one of rice. To the south of the Jumna, and along the course of its tributary the Chumbul, the ground is broken by eminences, extending from the hills of Malwa and Ajmere ; while, even amid its most level tracts, insulated rocks, with perpendicular sides and level summits, form those almost impregnable hill-forts, so much celebrated in Indian history. Westward of Delhi begins the Great Desert, — a sandy tract which intervenes between the tributaries of the Ganges on the one side, and the Indus and its tri- butaries on the other, and which is refreshed only by a few small rivulets that spring up and dis- appear amid the waste. This entire region, about 600 miles long and 300 broad, presents an as- pect nearly similar to the most dreary parts of Arabia and Africa. To the north and north-west of this barren tract, however, lies the'plain of the Punjaub (subject to the Rajah of Lahore), where the five tributaries of the Indus, rolling their ample streams, produce a degree of fertility equal to that of the region watered by the Ganges. High cultivation, too frequently obstructed by public disorders, is alone wanting to make it rival the finest portions of the more eastern territory. Throughout nearly the whole of this vast plain, the wants of the population and the demands of commerce have superseded the original productions of nature ; and, even under the most careful management, few of those exquisite shrubs are now reared, which have given such celebrity to the ve- getable kingdom of the east. Its staples consist of solid, rich, useful articles, produced by strong heat, acting on a deep, moist, and fertile soil, — as rice, the eastern staff of life, sugar, opium, indigo, — and, in the drier tracts, cotton. Such an entire subjection to the plough and the spade, joined to the want of variety in the surface, gives to this great central region a tame and monotonous aspect. The Deccan or Southern Peninsula presents none of those singular features which distinguish the great central plain and its northern boundary. Hills, occasionally rising to the rank of mountains, and enclosing table-lands of various elevations, diversify its surface, and procure for it at once the climate and vegetation of the tropical and of the temperate zones. But the most prominent fea- ture is a range of heights, corresponding to the triangular form of this part of the continent. The northern border consists of the Vyndhya chain, — a tract of high country stretching from the Gulf of Cambay to the Bay of Bengal, chiefly along both banks of the Nerbudda, and composing the provinces of Malwa, Candeish, and Gundwana, to which has been given the name of Central India. From its extremities extend southward the Ghauts, two parallel chains, which, at a greater or less distance, girdle the whole of the opposite coasts of Malabar and Coromandel. The Western Ghauts, rising from about 3000 feet in the N. to 6000 feet in the S., stand generally at a small distance from the sea. The chief productions of this district, which includes a great part of the Bombay presidency, are the pepper, vine, betel, and the areca, sago, and cocoa palms ; while the highest tracts are crowned by forests of teak. At the boundary of Mysore there crosses the continent a ridge, called the Nhilgerries, the loftiest in all this part of India, having one peak 8700 feet in height, which has lately become an important sanitary retreat. Farther south, the west coast is in general very low, and traversed by numerous streams flowing parallel to the shore, thus affording great convenience for inland navigation. The Eastern Ghauts, rising behind the Coromandel coast, and including a considerable portion of the Madras Presidency, are generally less elevated, but spread into more numerous branches, and over a wider surface. They leave also a broader plain between them and the sea ; yet, unless in the deltas of the great rivers which, from the west, cross the Ghauts and fall into the Bay of Bengal, this space bears somewhat of a naked and arid character. There occur even extensive tracts of sandy soil impregnated with saline substances, which in some degree taint the atmos- phere. More to the north, in Orissa and the Circars, the high grounds often advance close to the sea, and consist to a great extent of mountain and jungle, continuing in a more uncultivated state, and peopled by more uncivilized races, than almost any other part of India. Cuttack again, a dis- trict approaching the Ganges, is so low as to be liable to frequent inundations from the sea, which in 1830, 1831, 1832, and 1833, broke the barriers and overflowed numerous fields. These three ranges enclose a table-land, nearly 2000 feet above the level of the ocean, and INI) 376 1ND comprising the main body of Southern India. The south-western tract— the original seat of Mahratta power — forms a hilly country ; but the central region, composing the once powerful kingdom of Golconda and Bejapore, comprehends extensive fertile plains, secured by their eleva- tion from the scorching heats which afflict the territory along the coast. The extreme southern district, called the Carnatic, is divided into two table-lands, the Ballaghaut and the Mysore, con- siderably higher than those of the Deccan, and on that account including a greater variety of climate, soil, and production. Of the rivers, the largest have their source in the great northern chain of the Himmaleh ; and the rest, with few exceptions, in the table-land of Central and Southern India, which is supported by the Ghauts. The following are the chief rivers of India and of the countries which border upon it*, with their computed length of course. In Northern India, the Indus and its largest tribu- tary, making together 20(H) miles; the Ganges, 1500; the Bralimapootra, 1600; the Jumna, 780; the Ganduck, 450 ; the Cosi, 300; the Gogra, 300 ; the Goomtee, 300 ; the Sone, 300; the Betwa, 300 ; and the Chumbul, 500. In Southern India there are the Taptee, 460 ; the Nerbudda, 700 ; the Mah£, 380 ; the Saubermutty, 200 ; the Godaverv, 850 ; the Kistna, 700 ; and the Cavery, 700. The Climate of India, though for the greater part situated nearer the equator, is not so hot as that of Arabia or the adjacent countries. The course of the seasons is also more regular and constant, being mostly regulated by those periodical winds called Monsoons. The south-west monsoon, — the rainy season, — commences with thunder and tempests in Southern India in May or the beginning of June, but later as we advance towards the north ; in July the rains are at their height ; they afterwards gradually abate till the end of September, when they depart amidst storms as they came. In the beginning of October a change takes place from the south-west to the north- east monsoon. This monsoon is attended with dry weather throughout the Peninsula, excepting on its eastern side, on the coast of Coromandel : on this coast it brings the periodical rains, which last till the middle of December, — heat and drought on the other hand prevailing here from June to October ; from December to the end of February, the north-east monsoon continues, but is now every where a dry wind, producing cool and agreeable weather. The north-east winds cease about the beginning of March, from which time to the beginning of June the winds are irregular and the heat great all over the peninsula. The winds are chiefly from the south at this time in the Bay of Bengal and on its shores, and are hot, moist, and relaxing. In general, the healthy season in India may be said to be from November to the setting in of the rains, and the unhealthy season during the period of the rains and a short time after their termination. The Inhabitants of India, although prominently distinguished from those of other parts of the world, are scarcely less varied among themselves than their soil and climate. The most numerous are those who speak Hindostanee, — a dialect formed on the basis of an ancient Hindoo language by superadding Persian, introduced by the Mohammedan conquerors, exactly as our own ianguage has been formed by the addition of Norman-French to the Saxon. This people occupy the upper valley of the Ganges, and their number is about 31,000,000. The Bengalees, inhabiting the del a of the Ganges, are computed at 25,000,000. In Southern India the most numerous are the Telin- gas, numbering about 8,000,000. The Tamul nation, in the extreme south, are not less titan 5,000,000. To the north of the Telingas we have the Oorias, estimated at 4,000,000. In the south we have two other great nations, — the Carnatas and the Mahrattas, — whose numbers have not been computed. To these great indigenous nations are to be added many minor ones ; — a variety of wild and wandering races, with a crowd of foreign settlers or their descendants, as Arabs, Persians, Afghans, Turks of Zagatay, Armenians, Jews, Portuguese, English, and a few French. The most populous district is that watered by the Ganges, the entire valley of which contains about 260 inhabitants to the square mile. Physically viewed, the Iudians are inferior in strength and stature to the European race. There is, however, a great diversity of character among them. The Bengalees are the smallest, feeblest, and most timid, though not the least ingenious and in- dustrious. Many of the higher classes of the Hindoos beyond Bengal possess great courage, and this character obtains both to the north and the south ; but still docility, incapacity of combina- tion, and attachment to peace, are characteristics of the whole. With these features, it would be extravagance to compare their labour with that of Europeans. On an average the productive power of four natives is reckoned at not more than that of one Englishman, which, indeed, is the propor- tional rate at which Indian seamen, or lascars, are received into shipping. The labouring classes are wretchedly poor, — the average rate of earnings being only from 5s. to 8s. a-montb. They are in consequence forced to have recourse to the lowest species of food ; while, as to raiment, a great number have enough only to cover their nakedness, — the male sex a single clout, and the female sex two. The Productions of the Soil, for themost part, and especially those introduced into the European market, bear a very low value, compared to the same articles raised in the southern and tropical regions of America. This unfavourable distinction appears to arise less from any defect in the land, or even in the species of products, than from the imperfect culture, and the slovenly manner in which they are prepared. Rice is the food of every class except the lowest, and its production, generally speaking, is only limited by the-means of "irrigation, which is essential to its growth. The ground is prepared in March and April ; the seed is sown in May ; and the produce reaped in August. If circumstances are favourable there are other harvests, — one between July and No- vember, another between January and April, consisting sometimes of rice, but more commonly of other grain, pulse, or cotton. In the higher territories, sloping upward to the Himmaleh, wheat and barley prevail. Holcus or millet is also largely cultivated on inferior lands, and as an intermediate crop ; and this with pulse, to which are added even vetches, wild roots, and herbs, constitutes the chief food of the labouring class. In Guzerat some species of holcus are raised to a considerable extent. But now the chief commercial product of India is opium, — an article pro- duced almost exclusively in the central dictricts, especially Bahar, Benares, Patna, and Mafwa, a full account of which will be found elsewhere. [Opium]. Cotton is also an article of great im- portance, being used for the clothing of a large proportion of the people. That of Dacca, selected for its muslins, is the finest in India, and perhaps in the world ; but it is limited to a range about forty miles long and three broad, along the banks of the river Brahmapootra. Attempts were made to spread it by distributing plants iu other districts, but without success. The largest IXD 377 INB crops are raised In the Doab and others of the upper Gangetic provinces, from which Bengal is almost entirely supplied ; but the best qualities are found in the Nagpore district, and in the vicinitv of Surat and Bombay. These, however, have continued to be inferior to the American, as they are rendered almost unmarketable by their foul state, being mingled with dirt and seed. Great'exertions have been made by the Company to improve the quality ; and, since 1829, they have redoubled their efforts, ordering experimental farms to be established, and sending out seeds of the American and Egyptian species, also cleaning implements, particularly the American saw-gin. Its application appeared at first completely successful ; but it was soon found that it shortened the staple. It appears on the whole, however, that European superintendence, with an improvement in the native modes of cleaning and packing, has of late raised the value. Silk is another mate- rial native to India ; and, though its actual culture is not so widely diffused as that of cotton, it could probably be produced in almost any desired quantity. Cossimbuzar, Commercolly, and Rungpore are at present the principal districts whence it is derived. Sugar is an article extensively raised and consumed in India, chiefly in the form of sweetmeats ; and the whole quantity used has been estimated at 480,000 tons ; it is grown chiefly in the upper part of the valley of the Ganges and in Guzerat, That used by the natives consists mostly of a foul mass, in which the molasses are still included ; and only a certain portion is manufactured in a state imperfectly granulated. The variety drawn from different species of the palm is preferred in the south of India, being less costly, though coarser. Considerable exertions have been made by the English to improve the manufacture of sugar ; and the Otaheite cane, considered decidedly the best, and generally grown in the West Indies, has been introduced. Tobacco has been planted by Europeans, and is in general use. The chief other products are, — indigo, extensively grown along the alluvial tracts of Bengal, bordering on the Ganges ; pepper, raised amid the wooded hills of Malabar and Canara ; saltpetre, an article of which Bengal, from some peculiarity in its soil and climate, enjoys nearly a monopoly, being particularly abundant in the province of Bahar, and giving value to arid and steril soils unfit for cultivation ; and wool, which was always produced, though, till lately, of very inferior quality. In the territory of Bombay it has been remarkably improved. Our information regarding the mineralogy of India is defective. Coal exists in various places ; the most remarkable field is that of the Damoda, a deposit worked in pits at a place about 40 miles N.E. of Raghunathpur, the produce of which is now consumed in Calcutta. Iron, copper, lead, and other metals, occasionally present themselves, but their produce is trifling. Precious stones, especially diamonds, are likewise found in certain districts. The Manufactures of India have enjoyed a high reputation from the earliest antiquity. The country containing a great number of inhabitants who are extremely poor, and a few who are immensely rich, a demand is created on the one hand for a great mass of coarse fabrics, and on the other for a small quantity that are exquisitely fine. To exhibit themselves in splendid robes is a favourite object of oriental luxury ; accordingly, the produce of the loom had reached a per- fection to which that of no other country, except Britain, and that very recently, could make even an approach. The delicate and flexible" form of the Hindoo, the pliancy of his fingers, and the exquisite sense with which they are endowed, even his quiet indefatigable perseverance, all render him peculiarly fitted for this description of employment. The muslins of Dacca in fineness, the calicoes and other piece goods of Coromandel in brilliant durable colours, have never been sur- passed ; and yet they are produced without capital, machinery, division of labour, or any of those means which give such facilities to the manufacturing skill of Europe, — the weaver being merely a detached individual, with a loom of the rudest construction, consisting sometimes of a few branches of trees or bars of wood roughly put together. The demand for these fine muslins and calicoes, how- ever, has within the last fifty years greatly decreased, owing partly to the fall of so many splendid courts where alone remunerating prices could be obtained, but mainly to the competition of the cheap imitations of these fabrics, which are imported from Manchester, Glasgow, and Paisley. The only cloths that now meet a sure sale are those coarse cotton robes, woven in almost every inland village, for the use of the common people. The sole other manufacture deserving of notice is that of silk, which is also of great antiquity in India, and carried to considerable perfection, though not nearly equal to that of cotton. Bandanas and other handkerchiefs, crapes and taffetas, are the forms in which it is chiefly produced. The shawls of Cashmere, worked on the northern border of India from the wool of a species of goat, are also highly prized in every quarter of the world. The Inland Trade comprehends not only the intercourse between one portion of the British dominions and another, and the trade of the latter with the tributary and independent states of Hindostan, but also the trade along a land frontier of about 2000 miles, with Sinde, Cabul, Lahore, Nepaul, Bootan, and the Burmese dominions ; there being very few foreign or tropical productions which these nations, the last excepted, can receive but through their connexion with us. This internal intercourse, however, is much impeded by the defective means of communication. What are called high-roads are in general little better than broad and bad pathways ; while the number of bridges, in a country intersected by so many rivers or streams, is small, and the few that exist are miserable. Of late considerable exertion has been made by the Company to remedy these deficiencies, especially in Bengal ; and several extensive roads have been recently (1841 ) completed — as the grand trunk-road from Calcutta, extending 770 miles through Bengal and the upper pro- vinces ; the Jugurmath road, connecting Orissa with Bengal ; the road from Calcutta to Kishna- gur ; that from Silhet to Gowhatty in Assam ; and the Deccan road from Mirzaporeto Jubbulpore, besides various others, — all being without tolls ; but, taken as a whole, what has been accom- plished is trifling compared with what is required. Few of the rivers are navigable for consider- able shipping further than the range of the oceanic tide ; and, although there is throughout the plain of the Ganges, as well as on the rivers of the south, a considerable inland navigation, somewhat similar to what would in this country be called canal-navigation, yet much of that, even of the larger rivers, is impracticable every where, except during the four months of the rainy season, while even during that season it is of little avail for the return trade from the coast. The greater part of the inland trade of India must therefore be conducted by land, and hence the import- ance of good roads, which would be practicable at all seasons and in every part of the country. Goods are conveyed partly in very rude cars drawn by oxen, but much the greater proportion are carried by paek-builocks. On the north- we&t frontier camels and horses are used; and in the northern IND 378 IND mountains small horses and even goats are employed. In all the hilly districts porters are still more in use than any description of cattle. The charge for carrying goods by land in the plains averages about 56s. per ton per 100 miles; and, by the Ganges, about 2s. per ton. Thus the cost of conveying merchandise 101) miles by land in India is equal to more than one-half the cost of conveyance from Calcutta to London ; and the rate of freight is three times as much on the Ganges as between London and Calcutta.— (Commerce, Money, and Banking of India, p. 22.) The source of the internal trade of India is, like all others, the difference in the character of the productive industry of the several countries and districts carrying it on. The principal articles are corn, cotton, oil-giving plants, and sugar, salt, indigo, opium, silk, tobacco, saltpetre, drugs, hides, lime, and timber. By far the greater part of the salt is produced on the coast, or imported landways from foreign countries ; it is chiefly paid for in corn. Tbe cotton, sugar, and other articles are paid for either in thft. tropical productions of the coast, or in foreign commodities, prin- cipally consisting of the areca-nut, spiceries ; the metals, iron, zinc, tin, copper, and lead ; wool- lens and cottons. Until lately the whole inland trade of British India was subject to transit duties. These have been wisely abolished within the Bengal provinces ; and if they are not, ought to be discontinued in our other possessions, where their operation is known to have been still more pernicious. There remain for abolition the monopoly of the manufacture and sale of salt, and of the culture of the poppy, and the preparation and sale of opium, — imposts which yield an an- nual revenue of about two millions. The External Trade of India is carried on with the following countries, which are given in the order of their relative importance : — Great Britain, China, Persian and Arabian Gulfs, Eastern Islands and Peninsula, France, United States, other continental nations of Europe than France, Cape of Good Hope and Mauritius, South America, and Australia. An account of the course of trade at the three principal ports is given below ; but there are no public documents which afford a comprehensive view of the whole amount of the foreign imports and exports. In the work above referred to, however (p. 39), the quantities and values of the staple articles of foreign export are estimated as follows:— Opium, 24,000 chests, each of 140 lbs, £2,880,000; indigo, 10,000,000 lbs. £2,500,000; cotton wool, 100,000,000 lbs. £1,500,000; cotton manufactures, £250,000; raw silk, 1,600,000 lbs. £950,000; silk manufactures, £200,000; corn and grain, 468,750 quarters, £375,000; sugar, 16,000 tons, £256,000; saltpetre, 14,000 tons, £160,000; Total, £9,071,000. The principal commercial relations of India are, as we have already stated, with Great Britain. An account of the progress of the trade up to the renewal of the Company's Charter in 1833 has been already given [East India Company] ; and the following tables exhibit the amounts of the imports and exports for a series of years since that event. S Quantities of the Principal Articles of the Produce and Manufacture of India Imported into the United Kingdom from 1834 to 1839. Cotton wool lbs Cotton goods pieces Raw silk lbs, Bandanas, &c pieces Indigo lbs. Lac, shellac lbs Sugar cwt. Pepper lbs. Saltpetre cwt. Rice cwt. Castor oil lbs. 1835. 32, 1,798 375 3,616 1,637 101 7,131 257 276 685 41,429 293 1,105 382 3,878 1,708 137 2,807 194 233 1,107 1836. 1837. 75,949,845! 51 368,160i 1,450,222 1 332,393 7,222,331 1,919,572 171,757 6,777,892 177,937 145,180 972,552 ,532,072 414,450 ,298,037 504,452 721,554 185,493 302,945 150,534 222,6«6 352,833 957,165 1838. 40,217. 204, 1,151, 492, 6,579, 3,753, 474, 3,326, 234, 203, 837, 734 47,172,939 271 348,446 1,387,944 477,482 4,654,226 4,342,729 587,142 9,090,898 272,429 419,319 916,37< The chief other articles are sheep's wool, coffee, ginger, rum, gums, drugs, and skins. Declared Value of Articles, the Produce or Manufacture of the United Kingdom, Exported to the Territories of the East India Company and Ceylon in the same Years. Apparel, &c Arms, ammunition Beer, ale Cotton manufactures.. .. Cotton twist, yarn Glass wares Iron, steel Hardware, cutlery Brass and copper goods. Machinery , Linen manufactures Woollen do Other articles Total 1834. £ 27,646 29,880 52,049 959,221 315,583 77,002 104,340 48,756 345,561 35,992 17,238 25,697 539,604 1835. £ 41,502 53,769 64,381 1,368,954 432,821 109,702 144,7%' 60,838 316,120 12,524 21,805 216,300 349,180 2,578.569 3,192.692 1836. £ 67,921 46,985 82,635 2,020,343 561,878 129,796 134.893 86,671 350,292 7,550 40,481 324,670 431,714 4.285.829 1837- 1838. 50,608 54,2591 82,124| 1,558,693, 602,293 100,841 137,294 79,141 328,547 7,402 32,155 225,679 353,939 £ 61,945 46.002 75,544 1,805,449 640,205 84,209 137,7<>7 60,363 303.132 29,8:.9 36,240 204,900 390,631 1839. £ 77,728 74,597 110,402 2,314,754 690,916 74,286 190,468 70,677 329,367 75,948 87,634 190,050 491 ,780 3.612.975 3,876. 196 1 4,748.607 Of the articles not specified the chief are plate, watches and jewellery, books and stationery, earthenware, lead and shot, coals, leather and saddlery, silk-manufuctures, and tin-ware* IND 379 IND The return* for 1H40, so far as published, are still more favourable ; the declared value of British produce and manufactures exported amounting to no less than £6,023,192; and the imports of cotton-wool to 7 by the servants of the Company. The Bank of A lac is 100,0 rupees, or about £10,000 ; a Madras is a small government establishment for crore is lo millions of rupees, or £1,000,000 ; a the convenience of the local authorities ; it is mas is 100 crores. now being enlarged. At Bombay a bank was In Indian notation, large sums are divided into lately founded, nearly on the same'footing as the periods of two figures only, except the last three : Bank of Bengal. The shares of all these banks Hence a sum containing nine figures is point- are now at high premiums; and another called ed thus, 50, 84, 93, 327, and read fifty-six crores, the Bank of Asia has been recently (1841) pro- eighty-four lacs, ninety-three thousand, three jeeted, with a capital of £1,000,000, and having hundred, and twenty-seven. the general management vested in a Court of Exchanges. — Bills on London are commonly j Directors in London, after the manner of the drawn at Calcutta, Bombay, and Madras, at 6 , British North American and other colonial months' sight, or 10 months' date ; the usual banks, A joint stock bank at Madras is also fluctuations being from Is. lid. to 2s. lid. per projected. Company's rupee: the average rate (excluding | „The following were the rates charged by the interest) at which the Company have of years realized their remittances is 2s. per rupee. Bills between the different presidencies are usu- ally drawn at 30 days' sight. banks, Roynl Exchange. 1824 Yorkshire 1834 York & London. 2 13 2 5 2 3 10 10 17 114 34 93 14 14 11.4 11 4 74 (i 4 4 8 4 m !)3 J 2 3 Mutual Asso ciations.* 1706 Amicable 1837 Clergy 1762 Equitable 183(3 Hand in Hand ... 1838 London & West- minster 2 1R3J Metropolitan 2 1834 Mutual 2 1835 National Provi I dent 2 10 1808 Norwich Union . . 2 8 10 3 1825 Scottish Amicable 2 11 13 183o Scottish Equitable 2 11 13 5 1337ScottishProvident!2 1 6 2 14 1815 Scottish WidowsF. 2 11 13 5 'United Travellers 2 8 113 4 3. Mixed I I and Proprietary. 1826 Aberdeen 1839 Active 1838 Alfred 1824 Alliance 18i'8 Atlas 1840 Australasian 2 1839 Benevolent |2 1838 British & Colonial 2 1820 Brit. Commercial 2 1838 British Empire ..2 1833 Caledonian 2 1838 Citv of Glasgow . . \2 1840 Church of England 2 1825 Clerical, Medical,! &c 2 1 839 Commercial '2 1824 Crown 2 I807 Eagle 2 1823,Economic 2 1823 Edinburgh 2 1839 Edinburgh &Glas-j I gow 2 6 34 6 4 4 7 64 6 34 2 04 5 64 5 64 94 64 114 5 7 2 19 7 4 6 103 1 64 13 5 3 7 H4 9 23 6 64 13 513 7 11 4 11 1 6 8 3 8 4 1 7 8 4 10 6 6 10 4 9 71: ft J 10 14 10 2 15 3 4 1 12 84 8 10J3 13 5 3 8 43 9 lo 3 9 93 6 10 3 5 4 10 7 7 U 4 12 11 4 7 4 12 4 4 24 7 4 64 8 3 3 64 13 4 10 43 3 8 10 3 5 10 43 4 9 In 3 4 4 32 19 7 73 3 84 7 3 4 10 7 74 8 11 4 4 12 4 94 3 24 9 6 103 1 34 9 1 is is £ s. d. 3. Mixed conti- nued. 1838' English aud Scot- I tishLaw 2 9 18401 Equitable (New) j2 8 1819 European |2 9 1838 Familv Endowm'J2 9 £ s. d. 93 6 13 3 £ 8. d. 2 5 2 8 2 2 8 2 10 2 10 1838 Freemasons 2 7 1838 Glasgow 2 1821 Guardian 2 10 1807, Hope 2 13 1820 Imperial 2 13 1823 Law Life 2 13 1836 Legal & General.. 2 10 1836 Lie . Victuallers. . 1841 Life Assoc, of Scot. 1721 LondonAssurance 2 11 1806 London Life 2 19 1840London, Edin- burgh, & Dublin 1824 Manchester 1836 Minerva. 1837 National Endow- | ment 1830!National 1837 National Loan Fd. 1809, North British 1836 North of Scotland 17517 Palladium 1826 Promoter 1835 Protector 1839 Protestant Dissen- I tera 1806 Provident 2 13 1806 Rock |2 13 1837 Roval Naval and ! Military J2 12 1824 Scottish Union ... 2 9 1825 Standard 2 10 1836 Standard of Eng I land 1810Sun 1714 Union 2 13 5 1835! United Kingdom 2 8 2 1834 Universal 2 8 10 1825! University 1838 Victoria 2 9 2 1807 w ^t of England 2 1792 Westminster 2 13 6 4 10 9 514 8 9 34 8 6 9 4 10 6 6 11 8 10 8 11 4 10 4 10 4 10 34 9 14 13 4 16 5 4 10 3 5 73 5 73 5 63 2 53 7 33 5 53 6 8 2 19 513 7 23 6 73 5 4 10 7 4 8 4 8 oU 5 6 5 4 18 7 3 4 13 6 14 11 11 5|4 7 1 1114 10 8 6 4 14 2 04 8 2 11 113 7 53 7 11 53 7 11 1 19 2 9 2 13 2 8 2 8 10 Northampton 3 per cent. Carlisle 3 per cent. Equitable Experi- ence do Gov. Males do Gov. Females do. . 3 7 3 5 3 4 11 7 2 13 5 213 6 7 11 3 4 3 4 7 03 1 3 43 7 11 2 13 1 19 1 18 6 2 2 7 1 17 5 3 7 H 2 12 4 15 4 10 8 4 10 8 4 14 6 4 7 9 4 8 3 18 4 14 4 10 4 10 4 5 4 7 4 11 10 4 3 4 10 10 4 10 8 3 12 5 2 10 9 3 11 2 15 7|4 1 2 8 5'3 7 3 of one-fifth^ London Assurance and National ; One-third, Benevolent and Union ; One-half , Australasian, Guardian, Protestant Dissenters, Sun, and Victoria ; Two- thirds, Caledonian, City of Glasgow, Crown, Edinburgh and Glasgow, English and Scottish Law, Equitable (New), European, Hope, Imperial, Licensed Victuallers, Manchester, National Endowment, National Loan Fund, North British, Rock, Scottish Union, and United Kingdom; Three-fourths, Active, Economic, Promoter, Protector, and Universal; Four-fifths, Alfred, British and Colonial, Church of Eng- land, Eagle, Edinburgh, Family Endowment, Law Life, Legal and General, Minerva, Palladium, Royal Naval and Military, and University ; Five-sixths, Commercial ; * Some of these have adopted separate lower scaks for temporary and non-participating assurances. IKS 394 INS Nine-tenths, North of Scotland ; Seventeen-eighteenths, Provident ; Whole from participation scale, Aberdeen, British Empire, Freemasons, and London, Edinburgh, and Dublin, London Life, and Life Association of Scotland. But these proportions, it has to be observed, form a very uncertain view of the advantage to the assured, as the companies generally differ in their mode of estimating profits, expense of management, and in the benefits reserved for their shareholders. In this uncer- tainty, perhaps the safest guides are the statements which are published by some of the offices of the profits actually assigned to the parties assured. Many of the offices in this class have lower scales, under which the assured remain independent of them, as in class first. In not a few also the rates of premium on the lives of females are rather less than on those of males. The selection of an office is sometimes a matter of considerable difficulty; and can seldom indeed be fitly made by persons not conversant with life assurance business. The mutual assurance and proprietary systems have each their advocates. On behalf of the first, it is chiefly argued that the assured have the benefit of all the profit realized ; while the proprietary companies state that their arrangement has the advantage of simplicity, that the realization of profit by the assured under the former system is uncertain, and that it entails upon them the responsibility of part- ners for the losses of the society.* Each kind, however, has its advantages, accord- ing to the objects of the party wishing to be assured. For family purposes, and especially where the party is young, the mutual associations are generally preferred ; while for temporary or " short assurances," and those connected with many kinds of trust and money transactions, a liberal proprietary company is commonly chosen : the mixed associations hold out the advantages of both methods. A pro- prietary company making no returns will be selected on a joint consideration of its respectability, rate of premium, and of the conditions annexed to its policy. In the case of a mixed office sharing profits, regard will besides be paid to the amount of their returns or bonus. In a mutual society, the rate of premium is by some deemed of minor importance, as the surplus is divided wholly among the assured, and the office may in so far be regarded as his savings bank ; but rates greatly in excess lead to a needless amplitude of funds, — a condition not very favour- able to economical management. In the division of the surplus premiums or bonuses, the methods followed by the offices seem to be fair, in so far as they make the chance of surplus the same for one member as for another, at least of those who enter at the same age : if there be any thing inequitable, it arises when the premiums, as is sometimes objected to those computed from the Northampton Table, are disproportioned at different ages, so that the surplus is differently levied upon different classes of members. But the high respectability of most or all of the offices using the Northampton Table has led to this alleged inequality being very generally disregarded. Mode of Effecting Assurance. — The company delivers to the party proposing an assurance a printed form, which, where the assurance is on his own life, he fills up with his name and designation, the place and date of his birth, the sum to be assured, and the duration of the assurance, along with various particulars regard- ing his health, viz. : whether he has resided abroad, has had smallpox or cowpox, been affected with palsy, apoplexy, fits, convulsions, spitting of blood, consumption; or has been subject to gout, insanity, rupture, or to any other disease tending to shorten life. This is followed by a certificate or declaration, warranting the truth of these particulars, and declaring them to form the basis of the contract. Where the assurance is intended to be on another life than that of the proposer, the same particulars are furnished, and warranted, with a farther declaration that the pro- Joser has an interest in the life of the other to the full amount to be assured thereon, n both cases, references are besides given to two friends of the party on whom the assurance is made. One of these must generally be the party s usual medical attendant, from whom a very minute declaration is sometimes required, not only on the above particulars regarding the party's health, but also as to his predisposi- tion to disease, and his habits as to activity and temperance. When this is com- * Every desirable security may be obtained on the mutual principle. The proprietary and mixed companies offer, it is true, the guaranty of a subscribed or paid up capital in addition to the premiums, but it has long been proved, that with proper tables and a fair amount of business at starting, this capital is unnecessary. The only advantage of capital to an office seems to lie in its enabling the directors justifiably to seek for investments on secondary securities, at a high rate of interest ; investments which a mutual society must avoid, and which even other offices, especially those on the mixed plan, should shun until a sum sufficient (with future premiums) to meet all claims is set apart in the best securities which the state of society offers. INS 395 INS pleted. the party whose life is to be assured generally makes his appearance before a committee of the directors of the company, or their medical officer, by whom farther inquiries are made ; and the result is entered in the company's books accord- ingly. The declaration, certificates, and other papers, are then laid before the board ; and from these documents, and frequently information derived from other sources, their decision is formed, and communicated to the applicant. On payment of the premium a receipt is given, containing the number of the policy, which is then made out agreeably to the declaration, inspected by the board, signed by a certain number of directors, and delivered to the party interested. If the party over whose life the assurance is made cannot appear before the directors, or any one appointed by them, a fine varying from 10s. to £1 per cent, on the sum assured is usually charged for non-attendance. A few offices likewise require a small deposit of 2s. 6d. per cent, on lodging the proposal ; others 5s. or 10s. per cent, as entry-money. In all cases, however, there is a duty to be paid to government on the policy, which, when the sum is not above £50, is 2s. 6d. ; above £50 and not above £100, 5s.; above £100 and under £500, £1 ; when £500 and under £1000, £2 ; £1000 and under £3000, £3 ; £3000 and under £5000, £4 ; £5000 and upwards, £5. There is thus always an addition to the first year's premium ; but in the policy the premium only is named, as on the regular payment of this sum its existence depends. The time allowed for payment of the periodical premium varies in different offices from 15 days to 3 months after the date it is due ; but in most offices the forfeiture of the policy may be prevented by Eaying a fine of from 10s. to £1 per cent, on the sum assured, within a farther mited time, and giving a warranty that t ; ^ual is in good health. The consideration for an ordinary assu* - dy noticed, generally paid in equal annual premiums ; but many other plans ut to suit the con- venience of the assured. Thus, it may be paid —in b "rterly instal- ments — according to ascending or descending scales i emiums, or bj premiums payable during a limited number of years. Some offices u. half of the annual premiums for the first five or seven years, leaving I , with interest at 5 per cent., to be paid afterwards, or deducted at death from the amount assured. Exceptions are introduced into most policies declaratory of their being void in the following cases : — 1. Death beyond the limits of Europe, or at sea, except in passing from one part of the kingdom to another, or to or from the Continent, within certain boundaries, — as betwixt Hamburg and Bordeaux. 2. Entering into naval or military service without the previous consent of the company. 3. Death by suicide. 4. Death by duelling ; and 5. Death by the hands of justice. The three last, however, are not understood when the assurance is on another's life ; and in some offices, onerous assignees to policies opened by persons on their own lives may be similarly protected, to the extent of their bona fide interest. Extra Risks are always the subject of special agreement. In this class are comprehended lives above 60, persons going beyond the limits of Europe, and per sons whose lives are on the ground of health or fr nra the nature of their employ- ment, not assurable at the common rates of <-h risks ar« taken by many offices ; but the assurance of lives av a is chiefly the Asylum, the Globe, and a very few othe The Assignation of the Policy is sanctioned uj .a.. , . it may form a security for sums advanced, or become an object of sale. The holder of trie policy L cases pays the future premiums, and his advantage consists in possessing a policy at a less premium than he must have paid at the present age of the party on whose life the assurance was effected. As the probability of life is continually diminish- ing, the value of the policy will obviously depend upon the length of time it has endured. Thus, if a policy of £100, originally granted on a life of 25, is exposed to sale when the party attains the age of 60. the purchaser will, according to the subjoined table, have to pay only £2, 2s. 5a. annually during the existence of the policy ; whereas, if he had taken out one at the present age of the party, his premium would be £6, 6s. 6d. ; and for the excess of the latter above the former, namely, £4, 4s. Id., a price is fixed. The value of a policy may also depend upon the future annual contributions being paid under a guarantee by the assigner, or from a fund set apart by him ; or upon the premium having been paid in a gross sum when the policy was opened. In general, however, it may be observed that a policy must be most valuable to the party assured himself, and less so to others, according to their convenience of paying the premiums, and obtaining proper information respecting the party in whose life they are interested. On this account. INS 396 INS and perhaps for the still weightier reason that all who sink capital to be drawn back upon a contingency, stipulate for a much higher than common return of interest (independent of the chances of life), policies are sold at very dispropor- tionate prices. Most assurance companies are willing to treat for a renunciation of the policy : but where it has been opened for family purposes, and the assured's circumstances become reduced, an endeavour is frequently made, particularly where the policy has endured for a considerable time, to retain it among his friends. Of late years, several offices have adopted the plan of granting loans on the security of their policies. On the Expiry of the Life Assured the office requires production of certain documents,— such as the register of the burial of the deceased, and references to the medical persons and others who attended him in his last illness ; and, if he opened the policy himself, the probate of his will, or, if it has been assigned, a copy of the assignment. The time when the sum assured is paid varies in different offices ; but is commonly within three months after proof of the death. In this interval due investigation is made ; and every thing having been found satisfactory, the claimant brings with him the policy, and a receipt for the sum, which is immediately paid to him. "Where a claim is payable in the event of a person being alive at a certain time, his appearance before the directors, or a person appointed by them, is requisite, or sufficient proof must be given that he was alive at the time defined by the policy. The following, extracted from the tables of *\e Pelican, a proprietary company, shows the rates payable at different period ife for assurances under different circumstances :— SING t SURVIVORSHIPS. Table of Anmj. of £10" it tl Pren it for an ngle Life for Oj '•> ;^r, seven i of Life. Assurance Years, and Annual Premiums required during the Joint Lives of two Persons A and B, to secure £100 payable at the Death of A, provided B be then living. Age. One .viiole Age. One Seven Whole Age of Annual Age of Annual Life. Year Year . Life. A I B Premium- ~aT B Premium. E b. d. £s. d. £s. d. £s. d. £ s. d. £ s. d. £ s. d. £ s. d. 2 17 7 10 17 6 18 8 1 13 6 38 1 12 2 1 15 3 3 lS 15 1 7 5 4o 15 16 17 11 19 1 1 14 3 39 1 13 2 1 16 8 3 1 9 20 16 8 20 2 16 8 2 14 5 2 11 2 17 18 4 19 7 1 15 40 1 14 3 1 17 7 3 3 7 30 15 1 1 3 6 30 18 18 9 1 1 15 10 41 1 15 4 I 18 10 3 5 6 40 40 19 19 2 1 6 1 16 8 42 1 16 6 2 2 3 7 6 50 1 1 11 on 2 7 2 20 19 7 1 1 1 17 7 43 1 17 9 2 1 7 3 9 7 GO 10 4 60 2 2 11 21 1 1 1 1 6 1 18 6 44 1 19 2 3 3 11 9 70 18 9 70 1 18 9 22 1 7 1 2 ] 1 19 5 45 2 4 2 4 8 3 14 1 80 17 80 1 14 4 23 1 1 1 1 2 8 2 5 46 2 1 !) 2 6 5 3 16 5 "20" 15 ! 1 11 6 50 ir, 4 1 5 24 l l 7 1 3 3 2 1 5 47 2 3 3 2 8 213 18 11 20 4 7 25 1 2 2 1 3 11 2 2 5 48 2 4 9 2 10 1 4 1 7 30 1 8 10 30 3 18 4 26 1 2 9 1 4 7 2 3 6 49 2 6 6 2 12 1 4 4 4 40 1 6 11 40 3 14 11 27 1 3 4 1 5 3 2 4 7 50 2 8 4 2 14 3 4 7 3 50 1 5 50 3 9 11 28 1 3 11 1 6 2 5 9 51 2 10 3 2 16 7 4 10 4 00 1 3 1 60 3 3 7 29 1 4 7 1 6 .0 2 7 52 2 12 4 2 19 4 13 6 70 1 1 3 70 2 16 9 30 1 5 3 1 7 c, 2 8 3 53 2 14 6 3 1 7 4 16 11 80 19 2 80 2_Q 8 31 16 018 4 2 9 6 54 2 16 1< 3 4 4 5 5 W 15 2 2 1 60 15 6 10 32 16 919 2 2 10 10 55 2 19 4 3 7 4 5 4 2 20 2 12 20 6 2 33 1 7 7 1 10 1 2 12 3 56 3 1 11 3 10 8 5 8 2 30 1 19 30 5 18 1 34 1 8 51 11 2 13 8 57 3 4 f) 3 13 10 5 12 4 40 1 16 5 40 5 14 10 35 1 9 31 12 2 15 2 58 3 7 8 3 17 (> 5 16 10 50 1 13 7 1 10 9 50 5 9 7 5 16 36 1 10 2 1 13 2 16 9 59 3 10 11 4 1 6 6 1 6 60 60 37 1 11 21 14 1 2 18 4 60 3 14 4 4 5 7 6 6 6 7o 1 8 1 70 4 10 9 80 1 5 1 80 3 18 4 Law of Insurance on Lives. The principles set forth in relation to the other two great branches of the contract are to be considered as applicable to this branch, in so far as they are not inconsistent with the different circumstances of the transaction. If the policy be not on the life of the insurer himself, he must have some pecuniary interest in the life insured, in terms of 14 Geo. III. c. 48 ; and no farther sum can be recovered on a loss than to the extent of the interest. " Very few questions, " says Mr Ellis, " have arisen upon the subject of interest, because the offices are never in the habit of taking that objection, unless they are under the necessity of resisting payment upon some other fair and proper ground, as fraudu- lent misrepresentation or concealment ; and if they are driven to resist on such a INS INS ground, they then, in order to make their case the stronger, sometimes also object to the want of interest, when the policy is open to the objection" (123). Where a policy of insurance in which there was no such interest as would found a claim in law was sold, an action to recover back the purchase-money was dismissed, as it was shown to be the practice of the office to pay in such cases (Bar- ber v. Morris, 1831. Ellis, 124). A creditor has an insurable interest in his debtor, but if the debt is paid in any manner, the interest ceases, as in the case of Mr Pitt's coachmaker, who, with his other creditors, was paid from a parliamentary grant (Godsal v. Boldero, 9 East. 72). [Policy.] The holder of a note for money won at play has no insurable interest. Having to pay a fine, or as it is called in Scot- land, a grassum, as the condition of a lease on the death of any individual, is an ordinary insurable interest on his life. Warranty and representation are of great importance in this species of insur- ance. It is usual for the party to sign a specific declaration regarding his age, health, and habits ; and if this be part of the policy, its contents are of the nature of warranties. The warranty that the person " is in good health at the time of making the policy " does not infer perfect freedom from disorder. The question is, whether the life is " a good one, " which it is if there be nothing that positively reduces the chance of the individual living as long as the average of other people. A person slightly diseased, namely, by occasional rheumatism, may die of an increase of the disorder ; but the chances of his doing so are scarcely more than that a man in perfectly sound health may, within the same time, fall a victim to a deadly dis- ease. If there be a fixed consumption, however, or disease of the heart, the seeds of death are planted, — the subject is clearly a damaged one, and though it may hold out for some time, the chances are against it, and it is far from being worth the same sum with an undamaged commodity. It is now the practice to require some spe- cific answers to certain questions as to the party's health, namely, if he has had the smallpox, or has been inoculated ? If he has had the gout ? if he is ruptured ? and, undoubtedly, false answers to such questions will vitiate the contract. It is the practice to follow up with the question whether there be any disease tending to shorten life \ And the answer must be given on the above principles. Where the insurance office demands no warranty or special information, it takes the risk of the life being a good one, subject to the exception of fraud. There may always be fraud in the concealment of material facts. It is held that the person insuring is not to be the judge of what is material, and that it will not avail him to prove that he did not think the circumstance material, and, on that account, did not com- municate it ; so that, whenever there is any thing in the position of the insured, whether as to health or habits, which distinguishes him from the generality of men, it is not safe to omit stating it. " The contrary doctrine," says Mr Justice Bay- ley, " would lead to frequent suppression of information, and it would be extremely difficult to show that the party neglecting to give the information thought it mate- rial. But if it be held that all material facts must be disclosed, it will be the inter- est of the assured to make a full and fair disclosure of all the information within their reach" (Lindenau v. Desborough, Ellis, 114). If the person has been seri- ously ill recently before the insurance is effected, that circumstance ought to be mentioned, and reference should be made to the physician who attended him. A cer- tificate is generally required from the usual medical attendant, and if, instead of the physician who has been recently attending, one who attended at a distant period only is adduced, the policy will be vitiated. It is usual to apply for information to a private friend, the truth of whose statements is material to the validity of the policy. In Scotland, in a case where the answer of the private friend to the ques- tion " Can you give any and what information respecting his habits \ whether active or sedentary ? temperate or free V was, "he takes moderate exercise, and is temperate in his living ; " and that to the question " do you know any reason why an assurance on his fife would be more than usually hazardous," was, " I know of none ;"— the concealment of an excessive habit of opium- eating was held material (Forbes & Co. agt. Ed. Life Assur. Co., 9th March, 1832, 10 S. <£• D. 451). A person insuring on the life of another is in all respects in the same situation which that person would be in if insuring on his own life, in respect to concealment, representation, and warranty ; and his ignorance of the circumstances does not pro- tect him if he give false information, or conceal material facts. — {Park, 636-652. Marshall, 770-784. Ellis on Fire and Life Insurance.') INSURANCE (MARINE) is insurance against perils of the sea and enemy, in- cluding the chances of fire, piracy, and barratry. Its introduction is believed to have beeu coeval with that extraordinary development of maritime and commercial INS 398 INS enterprise which distinguishes the 15th century. But a long period elapsed before its practice became general ; nor was it until after the middle of last century that in tnis country it was subjected to clearly defined laws, — an advantage which was then conferred upon it mainly by an admirable series of decisions by Lord Mans- field, Chief-justice of the King's Bench between 1756 and 1788. It differs from fire and life insurance both in the mode of transacting the business and in the diver- sified nature of the risks against which security is sought. The great emporium of marine insurance is London, where it is effected chiefly through means of indi- vidual underwriters, who congregate at Lloyd's Subscription Rooms, in the Royal Exchange. Indeed, until 1824, with an exception in favour of two chartered as- sociations, the Royal Exchange and London Assurance Companies, it was not law- ful in England for any two or more individuals to combine together for taking upon themselves sea-risks ; but in that year an act was passed which allowed any number of persons to associate themselves together for undertaking marine insurances ; and many joint-stock companies have been since formed and put in action for that purpose, both in London and other ports, though nearly all the great adventures, and a large proportion of the other business, continue to be taken to individual underwriters at Lloyd's. The establishment of Lloyd's may be regarded as the focus of the maritime com- merce of the world. [Lloyd's.] There is scarcely a seaport of any consequence in which the committee has not an agent, whose duty it is to survey all ships launched, and to continue from time to time to transmit all necessary information about them ; also to give intelligence of all departures and arrivals, ships spoken with at sea, wrecks, accidents, and the state of the weather ; likewise, in case of damage to goods insured, to examine and report their condition, and generally to watch over the interests of the underwriters. In this way that body of men are supplied with every information which it concerns them to possess ; and as, besides all British ships, a large proportion of those of other states are registered in their books with every minute particular, they have seldom more hesitation in accepting insurance on a foreign vessel than on one of this country. Merchants and shipowners sometimes transact their own business at Lloyd's, but more commonly insurances are effected through the medium of brokers, who are remunerated, not by the assured — their employers — but by the underwriters, with whom they have a current account ; their regular allowance is 5 per cent, on the amount of the gross premium in each case, and, in addition, 12 per cent, upon the net amount of premiums paid by them at the end of the year, half-year, or other period, when the broker makes a settlement, after deducting all losses and averages recovered for the assured. As some compensation for the 12 per cent., which he foregoes in the case of loss, the broker charges the party assured 10s. per £100 upon the amount recovered. The underwriters seldom run a hazard to any large amount upon one ship ; their principle of transacting business is to distribute their risks over as many vessels as they can, so as to lessen the proportionate probability of great loss ; and hence few will subscribe more than £500 or £600 on one ship ; indeed, the average may be reckoned nearer to £200 ; but the policy is handed round among the underwriters until the required amount is filled up ; and thus, when an adequate premium is afforded, no difficulty is experienced in getting assurances to almost an unlimited extent. Insurances of moderate amount are in general effected with greater facility and despatch with a company, — the risk being commonly accepted or rejected at once by their manager. These companies, as at Lloyd's, all allow 5 per cent, discount or brokerage on the premium ; but their practice is not uniform in other respects. The following are the terms of the Marine Insurance Company of London : — " All parties to be allowed 5 per cent, brokerage and 10 per cent, discount for cash. Current credit accounts to be opened with the consent of a board of directors, the same to close on the 31st of December in each year, and the balance to be paid on or before the 5th of April following, when 12 per cent, discount will be allowed upon the balance, such discount to be forfeited if the balance be not then paid." In some places there are clubs, or mutual insurance associations, in which no premium is paid, but each member is periodically called upon to defray a pro- portion of the losses sustained, — the rate of his contribution depending upon the value of the property hazarded by him. These clubs are usually confined to par- ticular branches of trade, as the coal -trade, where the risks incurred by all the members are commonly equal in degree, — a condition essential to render the asso- ciation equitable. The rate of premium varies of course according to the quality of the ship, the INS 399 INS season of the year, and the nature of the voyage. It is not based, as in life assur- ance, upon any systematic arrangement of facts, but is deduced, as in fire insur- ance, merely from a loose general estimate of the risk. For an account of the stamp duties payable, see the head Policy. In effecting an insurance, merchants should take care that their policy covers not only the full value of their property, but likewise the expenses of insurance and recovery in case of loss or damage. Law of Marine Insurance. Parties. — Any individual, whether a British subject or an alien, may insure his interest in a vessel, provided he be not an alien enemy. It has been generally pro- vided by temporary acts during war, that no foreign enemy's interest shall be insured in the United Kingdom, with penalties against underwriters contravening. By common law, however, no alien enemy can recover on a policy during the continuance of hostilities, whether it has been entered into before or after the de- claration of war ; nor can an action be maintained by any one on an insurance on the property of an alien enemy. A license to trade with this country granted to an alien enemy, does not remove his personal disability to sue in his own name, but it incidentally legalizes an insurance on his goods shipped for the benefit of British subjects, so as to enable his agent here to sue upon it. No insurance can be recovered on, for a loss occasioned by British capture, as was decided where the insurance on a French vessel was made before the war in which she was cap- tured, and action raised after the cessation of hostilities (Gamba v. Le Mesurier, 4 East. 407). It is held, indeed, that losses happening during the existence of hos- tilities between the respective countries of the insured and insurer, must be con- sidered as excluded from the perils in the policy. It is said that British pro- perty may lawfully be insured against British capture, seizure, and detention, it being presumed that any loss so occasioned would be caused by mistake. An English subject living under the protection and acting for the benefit of a foreign state, is looked on as an alien enemy in respect of any insurable interest. Mere residence in a hostile territory, however, does not constitute such a disqua- lification. A neutral, though residing in a hostile territory, and in partnership with an enemy, may insure his share of the interest. The parties who, in this country, are entitled to carry on the business of marine insurers or underwriters, have been already described. Subject: Interest. — The insured must have an interest in the subject. By 19 Geo. II. c. 37, for the purpose of suppressing wager-policies, it was enacted that no insurance " on any ship belonging to his majesty, or any of his subjects, or any goods, merchandises, or effects, &c." should be made, " interest or no interest, or without farther proof of interest than the policy, or by way of gaming or wagering, or without benefit of salvage to the assurer ;" and assurances in contravention of the act are null. There is an exception in favour of British privateers, on which insurances may be made, interest or no interest, free of average, and without benefit of salvage to the insurer ; and by § 3, effects coming from places belonging to the crown of Spain or Portugal are excepted. It has been decided that the statute does not extend to foreign property in foreign ships, and there- fore a condition that the policy is to be deemed sufficient proof of interest, in case of loss, in such a case is binding, and renders the policy sufficient proof accordingly (Thellusson v. Fletcher, 1 Doug. 315). In cases where the act requires an interest, if the person insured part with his interest, the insurance falls. The indorsement of a bill of lading to a creditor is held on the face of the transac- tion a transference, to the effect of terminating an insurance ; the parties, however, are entitled to show that their understanding of the transaction was different. An insurable interest does not require to be a direct right of property. Any valuable interest arising from the subject, unless specially excluded (as is the case with seamen's wages) may be insured, e. g. the commission, or privileges, of the cap- tain, and money expended by him for the use of the ship, expected profits, freight, and interest in bottomry and respondentia bonds. An owner may even insure, under the head of freight, the benefit which he derives from carrying his own goods. When freight is insured, it must be shown, before recovery, that but for the loss the vessel would have earned her freight, or that she was iu the course of earning it, viz. by having her cargo on board. The wages of seamen are not insurable on grounds of public policy, it being considered necessary to exclude them from any interest apart from the safety of the ship. Re-insurance, or insurance against the loss to which the underwriter may be liable, is prohibited by 19 Geo. II. c. 37, INS 400 INS unless in the case of the insurer becoming insolvent or bankrupt, or dying, in which case his assignees, executors, or administrators may re-insure, provided it be set forth on the policy that it is a re-insurance. A double insurance is not void, though made with the view of double satisfaction in case of loss, but the insured cannot recover on the policies collectively more than his loss. He can either sue on both rateably, or on one, and in the latter case, the underwriters who pay have relief against those in the other policy. As to the subject which forms the interest, " in general it may be laid down as a rule, that no insurance can be made on any species of goods and merchandises intended to be imported or exported, contrary to the laws of this kingdom, or those of its dependencies, or to the law of nations ; and that if the intended commerce be contrary to any of these laws, an insurance made to protect it will be illegal and void " {Marshall, 52). When both parties are aware of the illegality,— as in other illegal pactions, neither party has an action against the other for performance of his covenant ; and so, though he may have paid the premium, the insured cannot recover on a loss. By the act for consolidat- ing the laws against smuggling, 3 & 4 Wm. IV. c. 53, § 46, there are penalties against the parties engaged in such insurances. [Smuggling.] It is no defence, however, in an action on a policy, that the subject-matter of the insurance has come into existence through an infringement of the revenue law of some other country. If a general insurance be effected on goods, part of which is of a nature to make the voyage illegal, and the ship and cargo liable to be seized in terms of the revenue laws, the policy is entirely vitiated ; but, if no part of the cargo but that illegally conveyed is liable to forfeiture, the insurance will be good as to the remainder. Insurance on contraband of war is void, and so on any trade carried on in contravention of a British embargo. [Contraband. Embargo.] Risks or Perils. — Perils usually insured against are as follow : — 1st, Of the Seas.— The expression comprehends those injuries or losses which proceed directly from natural causes, and are not designedly done by the hand of man ; it embraces injury from stress of weather, winds and waves, lightning, rocks, sandbanks, &c. A loss arising from the misconduct or ignorance of the master or crew is not considered as by a peril of the sea, nor is one from the internal con- dition of the vessel, as where it becomes worm or rat eaten. It is a peril of the sea when the vessel receives damage by taking the ground in a dry harbour, owing to the tide having left her, or when one ship is run down by another, or when loss is immediately caused by the convulsion of the elements, though remotely occasioned by some act of carelessness. Where a vessel is driven ashore by stress of weather, and there captured, it is not a peril of the sea, but of enemies. Where two of the crew were sent on shore to make fast a rope, and were impressed before they could do so, in consequence of which the ship went ashore nearly at high-water, where she grounded, and was much strained, and made a great deal of water before she could be got off— it was held a loss by peril of the sea. — (Hodgson v. Malcolm, 2. N. R. 336.) 2d, From Fire. — Whether occasioned by the negligence of the master or crew, by malicious design, or in furtherance of public policy,— as where a ship is burnt to prevent her from falling into the hands ot an enemy. If goods are shipped in a dam- aged state, and internal combustion arise, the insurers of such goods are not liable. 3c?, From Enemies The principal losses from this source are by capture. The underwriter becomes liable from the moment of capture, and is not entitled to wait for a formal alienation of the property by condemnation or otherwise ; retain- ing, however, an equitable right in the case of recapture, to have his responsibility reduced to the extent of the actual loss occasioned, as by salvage, &c. The under- writer will not be relieved though he show that a capture was occasioned by connivance with the master. The only manner in which there can be a deduction from the full loss in the case of a captured vessel, is in the case of recapture ; the ransoming captured vessels is prohibited under severe penalties (22 Geo. III. c. 25). Detention by embargo is one of the perils from enemies, and it is generally specified in the policy. [Embargo.] There can be no recovery on an insurance against British capture. 4th, Pirates, Rovers, and Thieves. — This includes all those acts of violence and fraud, which not being done by governments in the course of hostilities, resemble robbery and theft on shore. Where a ship loaded with corn was compelled by stress of weather to enter Ely harbour, where there was a scarcity of corn, and was forced by a mob, it was held a loss by pirates. — {Marshall, 511.) 5th Jettison, and 6th Barratry. See these heads, and Average. These particulars are usually followed in the policy by the general definition INS 4(1 INS " all other perils, losses or misfortunes, that have or shall come, to the hurt, detri- ment, or damage of the saids goods and merchandises, and ship, &c, or any part thereof." This general expression has become limited by practice and law to certain descriptions of loss. The destruction of the ship through any principle of internal decay, — as by worms or rats, is not covered by it. Though loss occasioned by capture be one of the risks specifically insured against, it would appear that loss occasioned where the voyage is abandoned on account of the risk of capture, does not come under the general clause ; so it was found in a case where, it having been ascertained that the port of destination of an insured vessel was shut up against the British, the ship proceeded elsewhere, and sold her cargo at a loss (Had- kinson v. Robinson, 3 Bos. <§• Pul. 388). Where a vessel is fired on by mistake for an enemy, the loss is held to be covered by the general clause. There are some risks excluded from the insurance by what is termed the common me- morandum. [Policy.] There are certain injuries to ship and goods which the shipowners must bear, in relation to the former, and indemnify as to the latter, notwithstanding insurance. If the ship was not seaworthy at the commencement of the voyage, they are liable for all loss, as likewise for loss or damage arising from the defect. The Duration of the risk is a matter of importance. As to goods, if they are insured to be loaded at a particular place, they will not be covered if loaded elsewhere. Under the usual form of policy, the risk does not commence till the goods are actually on board, " and it may be laid down as a general rule, that the risk on goods continues no longer than they are actually on board the ship mentioned in the policy, or in boats for the purpose of being landed ; and that if they be removed from on board and landed, or put on board another ship with- out the consent of the insurers, the contract is at an end, and the insurers are discharged from all subsequent responsibility " (Marshall, 249). But if the vessel be disabled on her voyage, and the goods be shifted on board another, to be conveved to their destination, the insurers continue liable ; so also if it be a condi- tion that the goods are at a particular place to be transhipped into other vessels, and these other vessels not appearing, they are transferred to a storeship. As to the ship, if the insurance be from the port, the risk commences when the vessel breaks ground ; if at and from the port, it commences with her arrival at the port, or, if she is there at the time, at the execution of the policy. In the former case, however, the vessel must have arrived seaworthy, or at all events in a state to be repaired and equipped for the voyage. If the insurance be on the ship " in the same manner " as that on the goods, and the latter do not attach, the former falls with it. It is usually stipulated that the risk shall continue ** until she hath moored at anchor 24 hours in good safety," and when such is the case, a loss happen- ing after the time is not insured against, though the cause existed before the vessel was moored. The underwriter is indeed in all cases relieved if the loss does not ac- tually take place till after the period fixed for the termination of the risk, though the event by which it is occasioned, and one which could not but occasion a loss, has happened before — as where a vessel springs a leak, and is kept afloat by pumping. Premium. — The consideration on which the insurer undertakes to indemnify the insured is so termed. In marine insurance there is this peculiarity, that there is a claim on the part of the underwriter, for the stipulated premium, after receipt of it is acknowledged in the policy. This practice was first employed to exclude litigation on the ground of want of consideration in actions for loss : it afterwards became a convenient arrangement for facilitating the transactions of this depart- ment of business. The merchant has no time, at the critical moment when he wishes to insure,to make inquiry as to who will undertake the risk in the particular case ; while there are capitalists ready to incur such risks of any description, at a correspond- ing premium. Between these two parties the insurance brokers drive their business, finding for the underwriters merchants who wish to be insured, and for the mer- chants underwriters who will undertake the risks. To facilitate this arrangement, the broker takes on himself the relations of debtor and creditor between the parties. He keeps an account, putting down all premiums to the underwriter's credit, as already received, placing against them return premiums and losses, and settling periodically with the underwriter. It was formerly held that the receipt did not bar the underwriter's claim from the insured,hut it was decided otherwise in 1808 (Dalzell v. Main,l Ciwnp.532). It leaves, however, the claim of the underwriter against the broker, and that of the broker against the insured, open. The premium and the risk are counterparts of each other, and if the latter do not exist, the former can- not be retained. If through mistake or misinformation an insurance be accomplished 2 C INS 402 INS where there is no interest, or on an interest far below that nominally insured for, there will be a claim for return of the whole premium in the one case, and for a proportional part in the other. If there are several policies negotiated to an extent far above the real interest, and without fraud,— as, in the case of loss each under- writer would have to pay his proportion, without regard to priority, so each will have to return a proportional part of the premium. Upon a wager policy the insured cannot recover the premium after the risk is run, though it would appear that he may do so before it is run; and " though there be nothing illegal in the contract, and the insured effect the insurance in the conviction that he had a good insurable interest ; yet, if the risk be run, and the ship arrive safe, he cannot come upon the underwriters for a return of premium, on the ground that he had no legal title to her. But if a loss happen, in the case of a bona fide insurance, and the underwriters resist the claim of the insured on the ground of want of interest, they will not be allowed to retain the premium " {Marshall, 652). The premium is earned, and cannot be redemanded if the circumstances are such that at any time, had a loss happened, the underwriter would have been liable to the full amount insured for. Where the transaction is illegal, and the underwriter in con- sequence resists payment of a loss, the law does not require the premium to be re- turned. In the case of material fraud on the part of the insurer, the contract is void, and the premium must be repaid. There is no return of premium where the con- tract is vacated through the fraud of the insured or his agent, though this doctrine was formerly much modified. Where the voyage is divisible into several distinct risks, and some of these have not been run, a corresponding portion of the premium is returnable. There can be no return of part of a premium where the risk is for a term which has begun to run. A premium, or part of it, may be returnable by stipulation on the policy. Loss and Adjustment. — The loss in marine insurance is either total or partial. The former does not infer the total extinction of the matter insured, but if it be properly abandoned to the underwriters, on account of the extent of the loss, that loss is considered total. [Abandonment.] Where the policy is valued, the amount of a total loss is fixed and settled, subject to modification if fraud be proved. [Policy.] Where the policy is not valued, the amount remains to be adjusted. " If the policy be an open one, it is an invariable rule to estimate a total loss, not by any supposed price which the goods might have been deemed worth, at the time of the loss, or for which they might have been sold had they reached the market for which they were destined, but according to the prime cost, that is, the invoice price, and all duties and expenses incurred till they are put on board, together with the premium of insurance. This is the only true, at least the only legal mode of estimating a loss, whether total or partial, on goods ; and whether the goods shall have arrived at a good or a bad market is always immaterial. Neither is the difference of exchange to be at all regarded in the adjustment ; for the under- writer does not insure against any loss arising from such causes." {Marshall, 632.) The ship is valued at the sum she is worth at the time of sailing, including expense of repairs, value of apparel, provisions, and stores, money advanced to the sailors, and all other expenses of outfit, together with the premium of insurance. A loss at first total may merge into a partial one ; as where the ship is captured and recaptured. In the case of a partial loss on cargo, in an open policy, the amount of indemnity to be paid by the underwriters is calculated on the same principle as that above laid down for a total loss, viz. the cost of the goods— not the price they may bring. To ascertain this, the sum they would bring if they arrived uninjured at their destination is adopted, and the price they actually bring is deducted. The sum they have cost being then stated, a sum bearing to that the proportion which the actual proceeds bear to what would have been the proceeds were the goods undamaged,is found, and deducted from the cost-price — the difference is the sum to be paid. Thus, suppose the goods purchased at £100; that, if they had arrived undamaged they would have brought £150, but, being damaged, have only brought £50, then as 150 : 50 : : 100 to £33, 6s. 8d. That sum deducted from £100, viz. £66, 13s. 4d. is the sum to be paid by the underwriters. Suppose the same goods brought to a falling market, where if undamaged they would bring not more than £75, and that being damaged they bring but £25— the same result would follow. It thus happens that when the market is a good one, the merchant will lose by his insurance— if a bad one he will gain. The underwriter is not respon- sible for loss arising from the duties or charges to be paid on the goods at their arrival ; and so the price which forms the datum for calculating the loss, is the gross and not the net price. The premium of insurance and commission are added INS 403 INT to the cost -price. In a valued policy, the sum at which the goods are valued (if there be no fraud) should be taken instead of the cost-price ; a comparison between the sum brought by the damaged goods and what they would have brought undamaged, being taken as the medium of calculation, as above stated. Where the goods are sold short of the port of destination, for behoof of the underwriters, the proper sum to be paid by them is the difference between the value (if on a valued policy), or the average price (if on an open policy), and the sum brought ; in other words, they take the goods, and pay the original sum insured. Where partial loss is suffered on a ship which is repaired by the owner, the sum to be paid is the cost of repairing, with a deduction of one-third, in consideration of the value of the new materials. The settling and ascertaining the amount of a loss, with the proportion of it which each underwriter has to pay, is termed " adjustment." Being indorsed on the policy, and signed by the underwriters, with a promise to pay within a given time (as it generally is, except where the liability is disputed in toto), it amounts to an admission of the claims of the insured as against them, and precludes them from calling on him for farther proof. It is not, however, conclusive against the underwriters, who, until payment, may plead any defence, going to the validity of the transaction, such as misrepresentation or breach of warranty, but the proof will lie with themselves, and they will have to make out a strong case. Representation is the term technically applied to any material statement, either verbally or in writing, by the insured to the insurer, if it contain collateral circum- stances on which the latter may be supposed to calculate the extent of the risk. Warranty is a condition, and unless it be fulfilled, the contract is void. Repre- sentation is only the ground on which the contract is entered on, and if it be false, the insurer can only be relieved by showing that he has been misled as to the na- ture of the risk he nas insured against. A warranty appears on the face of the policy, — representation is on a separate writing, or is parole [Warranty]. The last representation is the obligatory one, and if it be inconsistent with an earlier representation, will readily have the effect of neutralizing it. Thus, where a ship was represented as American on presenting the slip, but at the subscribing of the policy it was merely stated generally " that it was an insurance on goods in the Hermon," the ship was held not to have been represented as American (Dawson v. Atty, 7 East. 367). If there is no subsequent statement, however, a representa- tion made at the time of signing the slip will rule. If there is a material misrepre- sentation, it is not necessary for releasing the underwriter that it be shown to be fraudulent. " A representation," says Lord Mansfield, " must be fair and true as to all that the insured knows ; and if he represents facts without knowing the truth, he takes the risk upon himself." And so, where the insured represented the ship safe on the 11th, whereas she was lost on the 9th, this, though merely the re- sult of his calculation, released the underwriter (Macdowall v. Fraser, 1 Doug. 260). A wilful misrepresentation on a point material to the risk voids the contract, and the insured will not recover though the loss arise from circumstances unconnected with the representation. A particular form has for two centuries been in use, in which the majority of policies are effected in England, unless when there are peculiar conditions to be in- serted. It will be found with its several clauses under the head Policy. If the policy contain warranties on the part of the insured, these must turn out strictly true, otherwise the obligation of tne underwriter ceases to be in operation from the moment when they become untrue [Warranty]. There are certain duties on the part of the insured deemed necessary for the security of the underwriter from fraud, which are tacit obligations created by the existence of the contract, such as that the vessel shall be seaworthy, and shall not deviate from her proper course. [Seaworthiness. Deviation. Abandonment.] {Park on Insurances. Marshall on Insurance.) INTEREST is defined by economists to be the net profit of capital ; but, in the commercial acceptation of the term, it may be more correctly described as the con- sideration agreed to be paid for the use of money. The sum on which the interest is reckoned is called the Principal, and the sum per cent, agreed on as interest, the Rate. The latter, viewed apart from legislative interference, is in the general case determined by, 1st, the average rate of profit derived from the employment of capital; 2rincipal at each successive period ; but when the periods are numerous, recourse must be had to ogarithms, or to tables in the manner pointed out in next article. Simple Interest Tables. — Booth's 5 per cent., Stenhouse's 5 per cent., Dunn's (Decimal) 5 per cent., Marshall's 4 per cent., Pohlman's, &c. INTEREST (COMPOUND) and ANNUITIES. Under the head Annuity we have given a brief account of that kind of property when viewed merely as a sub- ject of commerce. In the present article we propose to explain briefly the principles of compound interest and annuities, and to furnish popular rules and tables for the solution of the cases which most commonly occur in practice. In so doing, we shall first treat those cases which are founded upon the operation of compound interest alone, and next, those wherein the operation of compound interest is combined with the chances affecting the duration of human life. I. Compound Interest and Annuities Certain. The cases which occur under this head may, in a general point of view, be com- prised in combinations of the five following quantities : — The Principal, signifying either a principal sum put out at interest, the present value of a sum due at a future period:, or of an annuity, or the sum which, being immediately invested, will be exactly sufficient with its accumulations to provide for the said sum due at a future period, or for the instalments of the annuity as they fall due. Under the latter signification it is sometimes called the number of years' purchase the annuity is worth. The Time, or a certain number of years commencing from the present. The Rale, or the ratio which the interest accruing in one year bears to the prin- cipal producing it. Thus T g 5 = *05 is the rate when interest is at 5 per cent., T fo = '04 when the rate is 4 per cent., the rate being thus, in all cases, equal to the simple interest of £1 for one year. The Annuity, or the sum falling due at the expiry of each year. The Amount, denoting either the amount of the principal improved at interest for the time, any capital due at a future period, which, by discount is reducible to such principal, or the amount of an annuity for the said time accumulated at in- terest. INT 407 INT From the relation subsisting betwixt these five quantities, we are enabled, pro- vided any three are supplied as data, to obtain the remaining two. In practice, advantage is taken of this relation to form tables, in which the rate and the time are always given quantities, while a third is denoted by unity. By means of such tables we are enabled to solve, either directly or mediately, all the cases which occur without the aid of analysis, excepting those in which the time and rate are both among the unknown quantities. The tables introduced for that purpose at the end of this article are four in number ;* and their construction may be explained as follows : — Table I.— Principal sum of £1 accumulated, or amount of £1 in any number of years. The interest of £1 for one year at 5 per cent, being -05, the sum of the principal and interest, or the amount at the close of "the first year will be 1*05. This being the sum on which interest is pavable during the next year, a proportional increase will take place at the close of the second year, or 1 : 1-05 : : 1*05 : (1-05)-= 1-1025 ; for the third year, 1 : 1-05 : : (1-05) 2 : (1-05) 3 = 1-157625. In the same manner, this last amount improved at interest during the fourth year will be in- creased to (1-05)* = 1-215506 ; and so on for each following year, the amount at the end of any number of years being always determined by raising the number which expresses the amount at the end of the first year to the power of which the exponent is the number of years. These results are exhibited in the table, and the same course is followed for the other rates. Table II. — Principal sum of £1 discounted, or present value of £1 due at the end of any number of years. The present value of £1 to be received at the end of one year must be such a sum, as being im- proved at interest for one year will exactly amount to £l, and must evidently bear the same pro- portion to £l that £1 does to its amount in one year. Hence, at 5 per cent. 1-05 : 1 : : 1 .-T^i = •952381, the present value of £1 to be received at the end of one year. In the same way, 1-05 : 1 : : r^p : 7T^? )2 = 'W029, the present value of £1 to be received at the expiration of two years. It will also be found that the present value of £1 due 3 years hence is rrjSna = '863838 ; (l uo) and the same process followed for the remaining years, and for the other rates, will produce the results exhibited in the table. Table III.— Annuity of £1 accumulated, or amount of £1 per annum at the end of any number of years. The first payment of an annuity being considered due at the end of the first year from the time of valuation, the second at the end of two years, and so on, it is obvious in considering the amount of an annuity for any given term of years, that, at the expiration of the term, the payment due will be £1 without interest; that due one year before will be £1 improved at interest for one year ; that due two years before will be £1 improved at interest for two years, and so on until the first payment, which will be £1 improved at interest for a term one year less than the duration of the annuity. Hence Table III. may be readily obtained from Table I. ; the number against any year in the former being just unity added to the sum of all those against the preceding years in the latter. Table IV.— Annuity of £1 discounted, or present value of an annuity of £1 per annum for any number of years. The present value of an annuity of £1 for any given term of years is obviously the sum of the present values of £1 due at the expiry of one year, of £1 due at the expiry of two years, and so on until the expiry of the term, which values are given in Table IL as already explained. The number against any year in Table IV. will thus be equal to the sum of the numbers against that and all the preceding years in Table II., from which, therefore, it may be readily formed. With these preliminary explanations of the tables we shall now proceed to give rules for the solution of the cases which most commonly occur in practice, employ- ing for this purpose the decimal notation, the nature of which we have explained under the head Decimal Fractions. I. Principal Sums Accumulated or Dis- counted. Case 1. Principal, Rate, and Time given, to find the Amount. Rule. Find from Table I. the amount of £l at the rate and for the time given, which mul- tiply by the given principal. Ex. Required the amount of £1500 in 10 years, reckoning interest at 4 per cent, per an- num. 1-480244 X 1500 = 2220-366, or £2220, 7s. 4d. Case 2. Amount, Rate, and Time given, to find the Principal. Rule. Find from Table II. the present value * We have not deemed it necessary to introduce tables to exhibit the annuities whose amounts and present values are respectively equivalent to unity, as the numbers in such tables would be merely the reciprocals of those shown in Tables ILL and IV. ; i. e. the quotients of unity divided by the numbers in the latter, and which accordingly can be readily made to supply their place by being u.-ed as divisors in those cases where the corresponding numbers in the former would be em- ployed as multipliers, and vice versa. INT m INT of £1 at the rate and for the time given, which multiply by the amount. Ex. Required the present value of £1087, 5s. 7d. payable at the end of 15 years, or, what is the same, the principal sum which will amount to £1087, 5s. 7d. in 15 years ; interest 5 per cent. •481017 X 1087*279 = £523. Case 3. Principal, Rate, and Amount given, to find the Time. Rule. Divide the amount by the principal, and the quotient will be the amount of £1 at the given rate ; which look for in Table I. under the same rate, and contiguous to the said amount will be found the time required. Ex. 1. In what time will £1000 amount to £2813, 17s. 3d. at 3 per cent.? Here, 2813-862 -4- 1000 = 2-813862; which, in Table I. under 3 per cent., is found contiguous to 35 years. When the exact quotient is not found in the table, take the difference between the next highest and next lowest numbers, and also be- twixt the quotient and the number nearest to it, and the former will bear to the latter the pro- portion which one year, or 365 days, will bear to the number of days to be added to or deducted from the years found contiguous to such nearest number, according as it is less or greater than the exact quotient, in order to make up the time required. Ex. 2. In what time will £100 amount to £265, 12s. 5d. at 5 per cent. ? Here, 265-6208 -f- 100 = 2-656208. By Table I. the amount of £l in 20 years is 2-653298, and in 21 years, 2-785963; difference -132665. But 2-656208 exceeds 2-653298 by -00291 only ; hence, as -132665 : 365 : : -00291 : 8, the time required is 20 years and 8 days. Case 4. Principal, Amount, and Time given, to find the Rate. Rule. Divide the amount by the principal, and the quotient will be the amount of £l in the given time, which quotient will be found contiguous to the said time in Table I. under the rate required. Ex. 1. At what rate per cent, per annum will £400 amount to £569, 6s. 6d. in 9 years ? 569-435 -f- 400 = 1-42331 ; which, in Table T., is found contiguous to 9 years, and under 4 per cent. When the exact quotient is not found in the table, an approximation may be made to the rate in a manner similar to that adopted in re- gard to the time in Case 3.* Ex. 2. At what rate per cent, per annum will £100 amount to £179, 9s. 4d. in 17 years? Here, 179-467 -^ 100 = 179467. By Table I. the amount of £1 in 17 years, is at 3 per cent., 1-65284, and at 4 per cent., 1-94790 ; difference, •29506. Hence, as 1-79467 exceeds 1-65284 by •14183, we have -29506 : 1 per cent, (the dif- ference between 3 and 4 per cent.) : : -14183 : •48069 ; and the rate required is 3-48069, or about 3$ per cent. II. Terminable Annuities. Case 5. Annuity, Rate, and Time given, to find the Amount. Rule. Find in Table III. the amount of £l per annum, at the rate and for the time given, which multiply by the annuity. Be Required the amount of an annuity of £50 for 21 years, reckoning interest at 5 per cent, per annum. 35-71925 X 50 = 1785-9625, or £1785, 19s. 3d. Case 6. Annuity, Bate, and Time given, to find the Principal or Present Value. Rule. Find in Table IV. the present value of £l per annum, at the rate and for the ti.i.e given, which multiply by the annuity. Ex. Required the present value of an annuity of £1000 for 20 years at the rate of five per cent, per annum. 12-46221 X 1000 = 12462-21, or £12,462, 4s. 2d. Case 7. Principal, Rate, and Time given, to find the annuity. Rule. Find in Table IV. the present value of an annuity of £1 at the rate and for the time given, and divide the given principal there- by ; the quotient will be the annuity required. Ex. A gentleman is willing to sink £523 for an annuity to be paid yearly for 15 years. What annuity ought he to receive, reckoning interest at 5 per cent, per annum ? 523 ~ 10-3796 = 50-387, or £50, 7s. 9d. If the question had been, what annuity to continue 15 years will pay off a debt of £523, computing interest at 5 per cent., the answer would have been the same. Case 8. Principal or Present Value, Annuity, and Rate given, to find the Time. Rule. Divide the principal by the annuity, and the quotient will be the present value of an annuity of £1 at the given rate ; which quotient will be found in Table IV., under that rate and contiguous to the time required. Ex. A sum of £523 is given for an annuity of £50, 7s. 9d., interest at 5 per cent, per annum. Required the duration of the annuity. 523 -=- 50-387 = 10-3796 ; which, under 5 per cent, in Table IV., is found contiguous to 15 years. H the question had been, In what time will an annuity of £50, 7s. 9d. pay off a debt of £523, computing interest at 5 per cent, per an- num, the answer would have been the same. Case 9. Principal or Present Value, Annuity, and Time given, to find the Rate. Rule. Divide the principal by the annuity, and the quotient will be the present value of an annuity of £l for the given time; which quo- tient will be found contiguous to the said time in Table IV. , under the rate required. Ex. An annuity of £100 for 15 years is sold for £1037, 19s. 4d., required the rate of interest per annum allowed to the purchaser. 1037-9666 -f- 100 = 10-3/966 ; which in Table IV., contiguous to 15 years, is found under 5 per cent. Case 10. Annuity, Rate, and Amount given, to find the Time. Rule. Divide the amount by the annuity, and the quotient will be the amount of £1 per an- num at the given rate ; which will be found in Table III. under that rate, and contiguous to the time required. Ex. In what time will an annuity of £50, 7s. 9d. amount to £1087, 5s.' 7d. at 5 per cent, per annum ? 1087-2794 4- 50-3870 = 21-5785 ; which, in Ta- ble III., is found under the said rate, and contig- uous to 15 years. Case 11. Annuity, Time, and Amount given, to find the Rate. Rule. Divide the amount by the annuity, and the quotient will be the amount of £1 per an- num for the given time ; which quotient will be found in Table III. contiguous to the said time, and under the rate required. Ex. At what rate per cent, per annum will an annuity of £50, 7s. 9d. amount to £1087, 5s. 7d. in 15 vears ? 1087-2794 -f- 50-3870 = 21 -57«5 ; which is found in Table III. contiguous to 15 years, and under 5 per cent. * These methods of approximating to the time and the rate are of general application to the succeeding Cases. INT 409 INT Case 12. Amount, Rate, and Time given, to find the Annuity. Rule. Find in Table III., under the rate, the amount of an annuity of £1, in the given time ; divide the given amount thereby, and the quo- tient will be the annuity required. Ex. Required, theannuitv which will amount in 15 vearsto £1087,5s.7J.,at5per cent, per annum. 1087-2785 + 21-5785 = 50-387 or £50, 7s. 9d. III. Perpetual Annuities. When an annuity continues payable without termination, it is called a perpetual annuity, or perpetuity. Of the five quantities considered under the last head, two, namely, the amount and the time, fall necessarily to be discarded, as in perpetual annuities they become infinite, and consequently unassignable" The three quantities remaining to be noticed are, 1. The annuity; 2. The rate of interest ; and 3. The present value of the annuity, or the principal, which, being immediately laid out, will yield annually and perpetually a sum equal to the annuity. The simple interest of any sum for a year being what may be produced annually by that sum, without increasing or diminishing it, must be evidently equal to the perpetual annuity of which such sum will be the present value. And as while the rate continues the same the annual interests produced by any two sums are to each other as the principals which produced them, it follows that at 5 per cent. 5 : 1 : : TOO : TOO -f- 5 = 20 ; therefore, when the rate is 5 per cent., the value of the perpetual annuity is 20 years' pur- chase. In the same manner, when interest is at 4 per cent., 4 : 1 : : 100 : 100 -f- 4 = 25 ; and the perpetual annuity is worth 25 years' purchase. And it follows, that in every case the value of a perpetual annuity may be found by dividing any sum by its interest for one year. This being premised, the solution of the three following cases becomes nearly self-evident. Case 13. Annuity and Rate given, to find the Principal or Present Value. Rule. Divide the annuity by the rate, and the quotient will be the principal or present value required. Ex. Required the value of an estate of which the yearly rent is £1500; reckoning interest at 3 per cent, per annum. 1500 -f- -03 = £50,000. Case 14. Principal or Present Value and Rate given, to find the Annuity. Rule. Multiply the present value by the rate, and the product "will be the annuity. Ex. A gentleman purchases an estate for £14,000; at what yearly rent must he let it in order to have 4 per cent, per" annum upon the price ? 14000 X -04 = £560. Case 15. Principal or Present Value and An- nuity given, to find the Rate. Rule. Divide the annuity by the present value. Ex. An estate which cost £5000 is let for £150 per annum : what rate of interest has the pur- chaser on the price. U8 -h 5000 = -03, or 3 per cent. When, as is assumed throughout the present article, the interest is convertible into principal at the same terms as the annuity is payable, no difference arises in the valuation of perpetual annuities from the circumstance of the instal- ments being payable twice a-year, as the annuity divided by the fate of interest for one year must always produce the same quotient as half the annuity divided by half the annual rate of interest. IV. Deferred or Reversionary Annuities. An annuity is said to be deferred when it is not entered "upon immediately, but at tne ex- piration of a certain time. Deferred annuities may be either terminable or perpetual. The chief cases are the following :— 1 . Deferred Term inable Annu ities. Case 16. Annuity, Rate, Time deferred, and Time of payment given, to find the Principal or Present Value. Rule. Find in Table IV., under the given rate, the present value of £l per annum, first for the time deferred, and then for the time de- ferred and time of payment added together ; sub- tract the former from the latter ; then multiply the remainder by the given annuity, and the pro- duct is the principal required. Ex. What sum should now be given for the reversion of a lease or annuity of £35 per an- num, for 14 years after the next 7 years, in order that the purchaser may make 5 per cent, per annum of his monev. 12-82115— • 578637 = 7-03478, which, multi- plied by 35, produces £246, 4s. 4d. Case 17- Principal, Rate, Time deferred, and Time of payment given, to find the Annuity. Rule. Find by Case I what the principal will amount to in the time deferred ; then find by Case 7 what annuity that amount will purchase. Ex. If the reversion of an estate for 14 years after the next 7 years cost £246, 4s. 4d. , what" rent ought it to produce in order that the purchaser mav make 5 per cent, per annum of his monev ? By Case 1 £246216 amounts in 7 years, at 5 per cent., to £"346-452 ; equivalent by Case 7 to a rent for 14 years of £35. Case 18. Principal, Annuity, Rate, and Time deferred given, to find the Term of Payment. Rule. Find by Case 1 the amount of the prin- cipal at the given rate, at the expiry of the time deferred ; then divide this amount by the given annuity, and the quotient will be the value of an annuity of £1 for the time of payment ; which last will be found as in Case 8. Ex. A debt of £816, 18s. 9d. is proposed to be paid off by assigning an annuity of £175 per annum, deferred for 9 years ; how many years must the creditor enjoy such annuity in order to have his debt paid, with interest, at the rate of 6 per cent, per annum ? 816-937 will, at 6 per cent., amount, at the end of 9 years, to 1380198 : and 1380-198 -f- 175 = 7*886 ; which in Table IV., under 6 per cent., will be found contiguous to 11 years. 2. Deferred Perpetual Annuities. Case 19. Annuity, Time deferred, and Rate given, to find the Present Value. Rule. The excess of the present value of a per- petual annuity of £1 at the given rate (Case 13), above the present value of an annuity of £1 at the same rate, for the time deferred (Case 6), gives the present value of the reversion of a perpetual annuity of £1 after the time deferred ; and this, multiplied by the given annuity, will produce the principal required. Ex. What sum ought to be paid for the rever- sion, after 40 years, of an estate in perpetuity, of which the yearly rent is £7", reckoning in- terest at 4 per cent, per annum. 25 — 19-79277 = 5-20723; which, multiplied by 70, gives £364, 10s. ljd. V. Renewal of Leases. Leaseholds and various other descriptions of property, when their annual income is susceptible of ascertainment, or of being reduced to a valua- tion, may be assimilated in all respects to an- nuities. In England, many societies, corpora- tions, and colleges grant their leases for certain periods, the most usual of which are for 10, tO, 21 , and 40 years ; and it is customary for them to renew any number of years lapsed in such leases, on payment of a sum, as fine, which is agreed upon by the parties, the yearly rent or quit-rent remaining the same. Case 20. Required, the Fine payable for renew- ing any number of Years in a Lease. INT 410 INT Rule. From the present value of an annuity to continue from the present time until the ex- piration of the renewed term, subtract the present value of an annuity to expire with the original term of the lease. Ex. Thirty years having expired in a lease for 40 years, required the fine for renewing 10 years of the same, supposing the yearly rental £60, and the rate of interest 5 per cent. By Table IV. the value of £1 per annum for 20 years, the number until the expiration of the renewed term, is 12-4622, and for 10 years, the unexpired time, it is 77217 ; and 12-4622 — 7*7217 = 47405 ; which last, multiplied by 60, gives 284-430, or £284, 8s. 7d. VI. Principal Sums increased yearly by a Constant Quantity. Case 21. Principal, Rate, Time, and Yearly Increase given, to find the Amount. Rule. Add the amount of the principal accu- mulated, at the rate and for the time given (Case 1), to the amount of the yearly increase accumulated in the same way (Case 5), and the sum will be the total amount required. Case 22. Principal, Rate, Time, and Amount given, to find the Yearly Increase. Rule. From the given amount subtract the amount of the principal at the rate and for the time given (Case 1), and the remainder will be the amount of the yearly increase for the given time ; then divide this latter sum by the amount of an annuity of £l for the given time as shown in Table III., and the quotient will be the yearly increase required. VII. Principal Sums diminished yearly by a Constant Quantity. Case 23. Principal, Rate, Time, and Yearlj Decrease given, required the Amount which will remain unextinguished at the end of the given Time. Rule. From the amount of the principal, cor- responding to the given rate and time (Case 1), subtract the amount of the yearly decrease or annuity accumulated in the same manner(Case 5), and the remainder will be the unextinguished amount required. Case 24. Principal, Rate, Time, and Amount unextinguished at the end of the Time given, re- quired the Yearly Decrease. Rule. From the amount of the principal, at the rate and for the time given (Case 1), sub- tract the amount unextinguished, and the re- mainder will be the amount, corresponding to the termly decrease ; which latter being divided by the amount of an annuity of £l at the end of the given number of years, as shown in Table III., will give the termly decrease required. N. B. The ordinary questions in relation to Sinking Funds may be solved by the two pre- ceding Cases, and Cases 7 and 8.* * The preceding rules and the accompanying tables furnish the means of solving the cases which most commonly occur in practice; but as computations must occasionally be made, not only at other rates than 3, 4, 5, and 6 per cent, per annum, — those to which our tables are confined, — but likewise upon the supposition of the interest, as well as the annuity, being pay- able half-yearly, or at other terms, we here sub- join formulae which will enable any one ac- quainted with the elements of analysis to solve, with the aid of a table of logarithms, nearly all cases which can present themselves, except, as afterwards explained, those where the rate is the quantity sought. Let p denote the principal or present va- lue, and m the amount, in the sense in which those terms are used on page 406. Also let a signify the annuity, or one of the equal sums successively payable at the expiration of equidis- tant periods, whether yearly or half-yearly, &c. ; n the number of those equidistant periods of time,- and r the rate, or ratio of the interest in one period to the principal, and which is equal in all cases to the interest of £l for one period of time. 1. Principal Sums. m = p (1 + r) n 2. Terminable Annuities. _ (1 + r) n - 1 P = a + r? r(l-f-r)' 3. Perpetual Annuities. a P= r 4. Deferred Annuities. Let d signify the deferred time, or the number of periods which elapse before the annuity is en- tered upon; n the number of periods during which it is paid ; and the other symbols as before. Deferred Terminable Annuities. p = a r)"- r(l+r) d +n Deferred Perpetuities. a P=„ r (1 + r)» 5. Principal Sums increased or diminished at each equal Interval of Time by a constant Quantity. Let a denote this quantity, the other symbols being as at first. When Principal increased. (l +r ) n _l m = p(l+r) n +a'~ v ~ When Principal diminished. (l+r) w -l m = p (1 + r)' extensions ok the preceding formula. Hitherto we have supposed the annuity and interest to be due at the same periods ; but as these conditions have no necessary relation to each other, we shall now exhibit those altera- tions of the formulae which take place when the interest is convertible into principal at shorter periods than those at which the annuity is pay- able, and vice versa. Here let r denote the rate, or interest of £1 for one year ; a the annuity nominally payable at the end of each year ; n the number of years ; and m the amount, and p the principal or pre- sent value as before ; these symbols all bearing now the significations attached to them in the text on page 406. Also let i denote the number of equal intervals in each year in which the inter- est is convertible into principal ; and * the num- ber of equal instalments of the annuity in each year. Case I. When the interest is convertible into principal a certain number of times in each in- terval between the instalments of the annuity ; — — being hence a whole number. Terminable Annuities. INT 411 INT II. Annuities on Lives. t'nder this head may he classed not only annuities on lives, properly so called, but every beneficial interest which terminates with the lives or any one or more individuals, including salaries, and all that in law comes under the denomination of a life estate. It comprehends, likewise, Reversions, or the interest which the next proprietor has in any estate after the death of the present ; and Assurances, in which the question is, what annuity must A pay to B during his life, in order that B may pay a given sum to A's representatives at his death. Tables of Mortality.— The basis of all questions having reference to the failure or continuance of life must obviously be the law of human mortality. Tables of mor- tality are those which exhibit this law through the whole extent of life, by show- ing now many persons out of a certain number, as 10,000 born alive, die in each year, and consequently how many complete each year of their age. The first table of this kind was constructed by Dr Hawley, from observations at Breslau in Silesia, and published in 1693. Similar tables were afterwards published both in this country and on the Continent, of which there may be noticed Kerseboom's, printed in 1738, from Registers of State Annuitants in Holland; Thomas Simpson's, in 1742, founded on the London bills of mortality; De Parcieux's in 174G, from lists of nominees in the French tontines of 1689 and 1696 ; Dupre de St Maur's in 1749, from French parish registers. In 1769, Dr Price published his work on Rever- sionary Payments, in which were given tables constructed from observations in London, Norwich, and Northampton. In the 4th edition of Dr Price's work (1783) the Northampton Table was extended and improved : at the same time various other tables were furnished ; in particular the Chester Table, lately republished in a corrected form by the Society for the Diffusion of Useful Knowledge in their work on Probability; and a table for the kingdom of Sweden, in which the sexes were distinguished, and the law of mortality determined for the bulk of the people. In 1815, Mr Milne, the eminent actuary of the Sun Office, published his treatise on the valuation of Annuities and Assurances, in which were given new tables deduced from the Swedish registers, and from observations at Carlisle and Montpellier. Since then, Mr Davies and Mr Babbage have put forth tables deduced from the experience of the Equitable Assurance Society; and the Parliamentary Reports on Friendly Societies in 1825 and 1827, and the return made to the Treasury in 18*29 by Mr Finlaison, the government actuary, contains a variety of information concerning the rate of mortality among the nominees of the government tontines and annuities. Lastly, Mr Ansell, in his work (1835) on Friendly Societies, has, from an extensive collection of returns made to him, deduced the law of mortality which generally prevails among the members of these institutions. Of the tables now noticed, De Parcieux's, the corrected Chester Table, the Swedish Table of 1776-1795, and the table founded on the experience of the Equitable Society, are esteemed of high authority ; but in practical importance they are inferior to the Northampton, Carlisle, and Government Tables, which, from their serving as the Perpetual Annuities. a Case II. "When the instalments of the annui- ty are payable a certain number of times in each interval between the conversion of interest into principal ; ^- being hence a whole number. Terminable Annuities. -{^-v-Yl^-r--} Perpetual Annuities. Formulae for deferred annuities, affected by similar conditions, may be readily obtained from the preceding, by deducting an annuity for the period deferred from one for the period deferred and in possession. Demonstrations of all these formulae will be found in the ' ' Treatise on the Valuation of An- nuities and Assurances," by Mr Milne, and the «• Doctrine of Compound Interest,'* by Mr Fran- cis Corbaux. We have deemed it unnecessary to give more than one formula for each class of cases, as the others may be easily deduced from the given equation, by transposition, except in the case where the rate is the quantity sought. In this case the formula becomes so exceedingly complex, that recourse is generally had to ap- proximate methods from tables in the manner explained in the text. The tables best adapted for this purpose are those appended to Mr Cor- baux's work, where the values are exhibited for each quarter per cent., from 3 to 6 per cent., on the several suppositions of interest being improv- able yearly, half-yearly, and quarterly. INT 412 INT basis of almost all the annuity and assurance business in this country, are deserv- ing of particular attention. The Northampton Tables, formed by Dr Price from the registers of mortality kept at Northamp- ton for 46 years from 1735 to 1780, were long the only ones in use, but they are now in much less repute. The observations embrace a considerable number of deaths, but no enumerations of the people were made to show how far the population was increasing, decreasing, or stationary (with- out which Mr Milne has proved that no correct tables of mortality can be constructed), while, on the other hand, no fixed rule appears to have been followed in interpolating the numbers dying annually from those given for decennial periods by the registers. In the report of the House of Commons on Friendly Societies in 1827, it is stated, upon the evidence of several of the most dis- tinguished actuaries in the kingdom, " that these tables were originally formed in a degree upon hypothetical data," that " in truth there is not even a prima facie case in their favour," and that " the evidence appears to your committee to be strong and decisive in favour of the use of tables which give an expectation of life higher than the Northampton." Nevertheless, the Northampton Tables continue to be of high commercial importance, as they form the basis of the calculations of nearly all the life assurance societies instituted prior to 1815, and of many of those established subsequently. It may also be observed that the low value given by the Northampton Tables applies chiefly to ages under 60. Above 60, they are represented by that table nearly if not quite as good as by many other observations. The Carlisle Tables, formed by Mr Milne from observations made by Dr Heysham in two par- ishes in Carlisle, from 1779 to 1787, give a higher expectation of life than the Northampton Tables. From the description of them, it appears that classified enumerations of the population were made at the commencement and termination of the observations, while the deaths in the in- tervening period were carefully recorded according to a similar classification ; and that the num- ber of persons living in the parishes at the end of the observations was 8677, the number who died in the 9 years, 1840 ; thus making the number the observations were made upon 10,517, exclusive of those who emigrated. Owing to the accurate construction of these tables, they have deservedly attained a very high celebrity. The Commons' report already alluded to describes them as ' ' more complete than any which had previously existed in England; and the tables are, therefore, Btrongly recommended." It has been objected that the number of deaths, 1840, is too small to admit of subdivision ; but the confirmation which the tables have derived from a comparison with other tables of reputation, has led practical men to disregard this circumstance, except for extreme old age, where it appears to have led to some incongruities. Mr Milne also considers them objectionable for ages below 10, in consequence of the introduction of vaccination since the ob- servations were made. They are nevertheless supposed to contain at this time the best information we possess both on old and young lives belonging to the middle and higher classes. Since the publication of the Carlisle tables in 1815, they have, with certain modifications, been adopted by several assurance companies of the highest character, such as the Sun and Alliance, and have otherwise been the basis of very extensive calculations of value. The Government Annuity Tables were prepared by Mr Finlaison, the actuary of the National Debt Office, betwixt 1825 and 1829, from observations of the mortality among the nominees of the tontines and other annuities granted by government. Owing to these nominees having been selected individuals, they give rather a higher expectation of life than the Carlisle tables. They are chiefly remarkable, however, for their distinguishing the sexes, and for the much higher value which they give to female than to male lives. The greater duration of female lives had been previously shown by the Chester, Swedish, and other tables ; but Mr Finlaison's tables give the value of female lives so much higher than the others, that it is difficult to avoid the conclusion that some peculiar reason has existed for this disproportion. They now form the basis of the value of the government life annuities. Probabilities and Expectation of Life, fyc. — These, in so far as necessary for tho Eurposes of the present article, may be readily obtained from tables of mortality y the following rules in the doctrine of probabilities : — 1. The probability of any event happening is measured by a fraction, whose numerator is the number of ways in which it can happen, and whose denominator is the number of ways in which it can either happen or fail. Thus, if there be 3 chances for the happening of an event, and 1 chance for its not happening, then will the probability of the event happening be measured by the fraction f . 2. The probability of the happening of several events that are independent of each other is equal to the product of the probabilities of the happening of each event considered separately. Thus, if the probability of the happening of 2 inde- Eendent events be \ and f respectively, then will a X f = $ measure the proba- ility of the happening of both these events. Applying these rules to the Carlisle Table of Mortality, we find that as at tho age 30 the number of persons alive of 10,000 born is 5642, while at 40 this number is reduced to 5075, the probability of a person aged 30 surviving 10 years will be measured by the fraction -r f \ 2 ' *" ^ ne same wa y» the probability of a person aged 5362 25 surviving 10 years, will be ^=g» Again, the probability that 2 persons, of 5075 5362 the ages 30 and 25, shall jointly survive 10 years, will be ^ 642 x ' 5879 - The average of forthcoming years, or what is improperly called by writers the expectation of life, is the number of years which, taking lives of the same age one with another, any one of these lives may be considered as sure of enjoying; thot;e INT 413 I XT who live beyond that period enjoying as much more iu proportion to their number as those who fall short of it enjoy less. Consequently, the rule for finding it will be as follows :— Divide the sum of all the living at every age after the age of the given life by the number of persons living at that age : half unity added to the quotient will be the value required. Half unity is added, as the number of persons taken at the given age who have not lived out one year may be considered as having averaged one-half of a year's existence. The expectation of life at 90, by the Northampton Table, will be thus found :— The numbers living at each age above 90, added together, give 34 4- 24 4 16 + 9 + 4 + 1 = 88 : the number living at 90 is 46, and the former divided by the latter gives 1*91, to which adding half unity = '50, we have '2-4 1 for the expectation of life at 90. The expectation of life is therefore different from the term of probable life, as the latter must obviously be the term within which a stated number of persons of a given age should be reduced to exactly one-half of the same number. Thus, ac- cording to the Carlisle Table, the expectation of life at birth is 3872 years ; while the term of probable life is about 41 years. The following table shows the expectation of life at different ages, deduced from the Northampton, Chester, Carlisle, and Government Tables ; Mr Davies' Table, founded on the experience of the Equitable Society, Mr Milne's Table for the whole population of Sweden, from 1776 to 1795, and De Parcieux's Table, founded on the French tontines : — Government. Chester. North- Equi- table. Depar- cieux. Age. Carlisle. ampton. Sweden. Males. Females. Males. Females. 3872 25 18 3G-12 50-16 55-51 34-46 39-44 5 51-25 40-84 48-25 47-92 48-93 54-23 46-45 50-57 10 48-82 3978 48-83 4683 46-16 45-57 51-05 44-47 47-82 20 41-46 33-43 41-06 40-25 38-96 38-39 43-99 37-30 40-49 30 3434 2827 33-98 3408 32-12 3317 37-57 31-30 34-22 40 27-61 23-08 27-40 27-50 25-45 27-02 31-12 24-82 27-96 50 2111 1799 20-83 20-42 19-03 20-30 24-35 19-32 21-92 60 14-34 13-21 15-06 14-25 12-85 14-39 1732 13-96 15-40 70 918 8-60 9-84 8-67 8-01 9-22 10-99 9-63 9-98 80 5-5] 475 5-38 4-67 4-85 4-94 6-50 7-io 6-60 98 3-28 2-41 •2-65 175 3-03 1-05 2-83 4-32 5-01 Valuation of Life Annuities, §c. — The probabilities of life are, in these opera- tions, combined with the interest of money. [Interest.] If a person has 9 chances in 10 to obtain possession of £100 at the expiry of a year, the present value of his expectation (disregarding interest) is the product of 100 by the fraction T Q C or £90 ; but, assuming interest at 5 per cent., it is obvious, as the £90 is not due until the expiry of a year, that, in order to show its present value, it must be still farther reduced by one year's interest or rather discount on that sum. Similarly, if a person aged 30 is to acquire right to £1000 in the event of his attaining the age of 40, the present value of his expectation will be obtained by multiplying the £1000 by the probability of his attaining that age, and then discounting the product for 10 years ; the latter operation being, as already shown (Case 2), performed by multiply- ing the said product by the present value of £1 due at the end of 10 years. Thus, in the case supposed, assuming interest at 5 per cent., and the probabilities of life as at Carlisle, we shall have 1000 x |^ x '613913 = 552*216, or £552, 4s. 4d., the present value required. In this way Endowments (Case 43) or Assurances on Sur- vivorship of Time are calculated. The value of life annuities may be obtained in the same manner, by finding the present value of each year's rent as it becomes due from the given age to the oldest in the table of mortality, and the sum of all these will be the total present value of the annuity ; but in finding the value of annuities on a number of lives of several successive ages, the process is considerably abridged by deducing the value of an annuity on the next younger life from the value of an annuity on a life one year older, as follows : — Rule.—" Begin with the oldest life in the table of observations ; add unity to the value of an annuity on that life (usually equal to 0), and multiply the sum by the expectation of a life one year younger, receiving £1 at the end of a year ; the pro- duct will be the value of an annuity on the life one year younger : this value being substituted for the value of ari annuity on the oldest life, and the process repeated, will give the value of an annuity on the next younger life, and so on till we come to the age of the given life."— (Baily on Life Annuities, p. 31.) INT 414 INT The value of annuities, as shown by the tables, is computed by this rule.* The following is the procedure in the case of the Carlisle Table for single lives, assuming the annuity to be £1, and interest at 5 per cent, per annum. The oldest life in the Carlisle Table is 104, the value of an annuity on which being evidently equal to 0, we proceed thus :— j ^.v 1 >..«. i »~ ~, . £l discounted Value of Ages. Annuity -+• 1. Probability. for 1 Year. Annuity. 103 (1+0) X 1 X •9524 = 0-317 102 1-317 X i X •9524 = 0-753 101 1753 X * X •9524 = 1-192 100 2-192 X 1 X •9524 = 1-624 99 2-624 X ft X •9524 = 2-045 98 3045 X u X •9524 = 2-278 and so on till we come to the youngest age,— the operation being facilitated by the use of logarithms. The same procedure is followed in computing the values for joint lives. Thus assuming the Carlisle Table with interest at 5 per cent, as before, and the difference of age betwixt the two lives to be 5 years, we shall have £l discounted Value of Ages. Annuity + 1. Probabilities. for 1 year. Annuity. 103 & 98 ( 1 + ) X * X U X '9524 = 0-249 102 & 97 1249 X 3 X 14 X -9524 = 0-555 5 X 18 101 & 96 1-555 X 5 X 18 X -9524 = 0828 7 X 23 and so on throughout. In this way tables have been formed of the value of an- nuities on single lives at all ages and at the common rates of interest \ and also on two joint lives : but cases which involve three lives are, in practice, solved by methods of approximation from the tables for two lives ; as the variety of com- binations which three lives admit would render the tables of very great length. Their construction is, however, in principle the same as the tables for two lives. At the close of this article tables are given for single lives founded on the North- ampton observations, and for the various rates of 3, 4, 5, and 6 per cent, interest ; and by the kind permission of Mr Milne, similar tables are given, founded on the Carlisle observations, along with tables for joint lives. The tables for single lives include all ages, and those for joint lives all the usual combinations betwixt the ages 15 and 75. By means of these tables, nearly all the cases which occur iu prac- tice may be solved with facility. Annuities Payable Half-Yearly, 8>~c— The values shown in the tables are com- puted on the supposition that the annuities are all payable yearly, and at the end of each year ; but if they be payable more frequently, their value will be increased. A person who receives a life annuity half-yearly, besides gaining one half-year's interest on every moiety of his annuity, may live to receive a half-year's annuity more than the person who receives an annuity once in and at the end of each year. For similar reasons, an annuity payable quarterly will be of greater value than that which is payable half-yearly. But however frequently the annuity may be Eayable, it has been found that its increase of value on this account cannot exceed alf-a-year's purchase, which is the extent to which it is increased in the hypo- thetical case of the instalments being payable momently. Where the annuities are payable half-yearly, the common practical rule is to add \ of a year's purchase to their tabular value ; and when they are payable quarterly, to add § of a year's purchase ; or expressing the same decimally, add to the tabular value of the yearly annuity, if it be payable half-yearly, "250; quarterly, *37 5 ;— also, if payable monthly, '458 ; weekly, '4.90; daily, *499 ; and in the hypothetical case of their being payable momently, "500. (Milne, p. 273. Ansell on Friendly Societies, p. 80.) Practical Solution of Cases. — With these prefatory explanations, we shall now proceed to show the mode of solving by the tables the cases which usually occur in practice. I. Annuities on Single Lives. Case 25. To find the Value of an Annuity on the Life of a Person of a given Age. Rule. Multiply the sum by the value of £\ annuity on the assigned life. Ex. Required the value of an annuity of £50 on the life of a person aged 45 ; Carlisle Table, interest 4 per cent. The value of an annuity of £\ on a life aged 45 is, by the Carlisle Table, 14-104, which, mul- * Life contingencies are now sometimes computed by the method invented by Mr Barrett and improved by Mr Griffith Davies, an account of which is given by M. De Morgan in the Com- panions to the Almanac for 1840 and 1842. See also Jones on Annuities. INT 4-1 INT tiplied by 50, gives 705-2, or £705, 4s., the va- j lue required. Case 26- To find the Annuity which any given Sum will purchase during the Life of a Person of a given . Rule. Divide the given sum by the value of an annuity of £1 on the assigned life. Ex. Wliat annuity may be purchased for 4s. on a life aged 45; Carlisle Table, in- terest 4 per cent. £705-2 -=- 14-104 = £50. Case 27. To find the Value of an Annuity De- ferred for any given Number of Years. Rule. Find the value of an annuity on a life older by the deferred term than the proposed life, which multiply by the present value of £1 j payable at the end'of the said term, and also by \ the probability that the life shall continue so : long; the product will give the result required. I Ex. A person aged 35 wishes to purchase an j annuity for £50, for what may happen to re- main of his life after 45 ; required the present value thereof ; Carlisle Table, 4 per cent. The value of an annuity of £50 at 45 is, by | Case 25, £705, 2s. ; the present value of £1 to be received at the end of 10 years is -675564 ; also the probabilitv that a life aged 35 will con- tinue 10 vears is 4727 ■*■ 5362 = -881574 : And 705-2 X -675564 X '881574 = 419-989, or £419, 19s. 9d. Case 28. To find the Value of a Temporary Annuity. Rule." Find by Case 27 the value of an annuity- deferred for the proposed term ; which subtract from the value of an annuity on a life of the given age ; the difference will be the value re- quired. Ex. Required the value of an annuity of £50 for 10 years on a life aged 35 ; Carlisle Table, 4 per cent. The value of an annuitv of £50 on a life aged 35, deferred for 10 years is, by Case 27, 419*989 ; the value of an annuitv of £50 on the said life is 50 x 16-041, or 802-050; and 802-050 — 419-989 = 382-061, or £382, Is. 3d. IL Annuities on Two Lives. Case 29. To find the Value of an Annuity on the Joint Continuance of Two Lives ; that is for as long as they both continue alive together. Rule. Multiply the sum by the value of £l annuity on the two assigned lives. Ex. Required the value of an annuity of £90 on the joint continuance of two lives, ages 40 and 60 ; Carlisle Table, 5 per cent. Value at ages 40 and 60 bv Table IX., is 7-961 ; and 7-961 X 90 = 71649, o'r £716, 9s. 10d. The tables of annuities on joint lives give their values only where the ages are equal, or their difference 5 years or any multiple of 5 ; but when the combination of ages of two proposed lives is not contained in these tables, the value of an annuity on their joint continuance may be determined according to the following rule, which is applicable to all cases where neither of the lives is under 12 years of age. " Extract from the tables the values of annu- ities on the joint continuance of the oldest of the propo-ed lives, and two others separately, which are younger than that oldest life by the multiples of 5, next greater and next less respectively than the difference of age between the proposed* lives. That one of four arithmetical mean propor- tionals between these two values which corre- sponds with the proposed combination of ages will be nearly the value sought." — {Milne on Annuities and Assurances, p. 290.) Ex. Required the present value of an annuity of £80 on two joint fives aged 27 and 46 ; Car- ■ le, 4 percent. The value corresponding to the ages 26 and 46 is 12-325, and that to 31 and 46 is 12-093; dif- ference -232, the fifth part of which, -0464, being continually deducted from the former of these two values, gives the four arithmetical means which are the values of annuities on the corre- sponding combinations of lives omitted in the tables. Hence, as 27 and 46 is the combination of ages next in order to 26 and 46, we shall have 12-325 — -0464 = 12-2786, the value corresponding to the combination 27 and 46 ; and 12*2786 x 90 = 1105-074, or £1105, Is. 6d., the value required. The result would obviously have been the same had 4 times the common difference, -0464, or -1856, been added to the value corresponding to the ages 31 and 46. Thus 12-093 + -1856 = 12-2786, as before. Case 30. To find the Value of an Annuity on the Longest of Two Lives, that is, for as long as either of them continues alive. Rule. From the sum of the values of annuities on the two single lives subtract the value of an annuity on the two joint lives, and the remainder will be the result required. Ex. Required the value of an annuity of £60 on the longest of two lives aged 30 and 60 ; Car- lisle Table, 4 per cent By Table VII., the value of a life aged 30 is 16-852, and of 60, 9*663 ; and the sum of these, 26-515 ; from which subtract the value of the lives 30 and 60 by Table IX., 8-820, and the re- mainder, 17*695, multiplied by 60, gives 1061*7, or £1061, 14s. m. An-ntities on Three Lives. Case 31. To find the Value of an Annuity on the Joint Continuance of Three Lives. Rule. Take the value of the joint lives of the two oldest lives by Case 29, and find in the table for single lives the age of a single life equal, or the most nearly equal, to that value : then find the value of the joint lives of the youngest and that now found ; the result will give the common approximation to the value required. Ex. Required the value of an annuity of £100 on three joint lives, aged 15, 20, and" 25 years respectively ; Carlisle Table, 5 per cent. The value of the joint lives, 20 and 25, is, by Table IX., 13*398, which, in Table VII. corre- sponds most nearly with a single life aged 40 ; and the value of the joint lives, 15 and 40, being by Table IX. 12*201, we have 12*201 X 100 = 12201, or £1220, 2s. Case 32. To find the Value of an Annuity on the Longest of Three Lives. Rule. From the sum of the values of annuities on all the single fives subtract the sum of the values of annuities on each pair of joint lives, and to the remainder add the value of an annuity on the three joint lives as found by last Case. The result will give the value required. Ex. Required the value of an annuity of £100 on the longest of three lives, aged 15, 20, and 25 ; Carlisle Table, 5 per cent. By Table VII. the values of the single lives are for 15, 16*227 ; for 20, 15*817 ; for 25, 15*303 ; and their sum is 47*347- By Table IX. the values of the joint lives are, for 15 and 20, 13*959; for 15 and 25, 13*608; for 20 and 25, 13*398; and their sum 40*965. Also the value of the three joint lives is by preceding Case, 12*201. Hence we have 47*347 — 40*9fi5 + 12*2-1 = 18*583, the value of annuity of £1 on the long- est of the three lives, and 18*583 X 100 = £1858, 6s., the value required. Case 33. To find the Value of an Annuity granted upon Three Lives on Condition of its ceasing as soon as any Two of them become Ex- tinct. Rule. From the sum of the values of an- nuities on each pair of joint lives, subtract twice the value of the three joint lives. INT 416 INT Ex. Let the annuity be £100, and the ages 15, 20, and 25 respectively ; Carlisle Table, 5 per ct. The value of each pair of joint lives is, by preceding Case, 40*965 ; that of the three joint lives is, by Case 31 , 1 2-201 ; and 40-965 — ( 12-201 X 2) = 16-563; hence 16-563X100 =£1656, 6s., the value required. IV. Reversionary or Survivorship Annuities. Case 34. To find the Value of the Reversion of an Estate in Fee, or Perpetual Annuity, after the Death of a Person of a given Age, in a Single Payment. Rule. Deduct the value of the assigned life from the perpetuity ; then multiply the remainder by the rent or annuity. Ex. Required the present value of the reversion of an estate of £500 a-year, after the death of a person aged 60 ; Carlisle Table, interest 6 per ct. The value of a perpetuity at 6 per cent, is 16-667, and of an annuitv on a life of 60, 8-304 ; then 16-667 — 8-304 = 8*363 ; and 8*363 X 500 = £4181, 10s. Case 35. To find the Value of the Reversion of an Annuity on a Single Life after another, in a Single Payment. Rule. From the value of the life in expecta- tion, subtract the value of the two joint lives. Ex. A person, aged 50, wishes to purchase an annuity of £100 to his wife, aged 45, after his death , provided she be the survivor ; what is the present value thereof ; Carlisle Table, 4 per ct. By Table VII., the value corresponding to 45 is 14-104; from which deducting 10*591, the value corresponding to the lives 45, 50, by Table IX., there remains 3-513; and 3-513 X 100 = 351-3, or £351, 6s., the value required. To find the value in annual payments : Divide the value in a single payment by the value of an annuity on the joint lives, plus unity. Hence in the above example the annual payment would be 351*3 -=- 11*591 = 30*308, or £30, 6s. 2d. Case 36. To find the Value of the Reversion of an Annuity on a Single Life A, after the Longest of Two Lives B and C, in a Single Payment. Rule. From the sum of the values of an an- nuity on the single life A, and on the three joint lives, A, B, and C, subtract the sum of the values of an annuity on each pair of joint fives, A and B, and A and C. A + ABC — (AB + AC). Case 37. To find the Value of the Reversion of an Annuity on Two Joint Lives, A B, on the failure of a Single Life, C. Rule. From the value of an annuity on the joint lives A B, subtract the value of an annu- ity on the three joint lives, A, B, and C. AB — ABC. Case 38. To find the Value of a Reversion of an Annuitv on the Longest of Two Lives, A and B, after a Single Life, C. Rule. From the sum of the values of annui- ties on the single lives in reversion A and B, and of an annuity on the three joint lives, subtract the sum of the values of an annuity on each pair of joint lives, A B, AC, and B C ; the differ- ence will give the value required. A + B + ABC — (AB + AC + BC). Case 39. To find the Value of the Reversion of an Annuity on a Single Life A, on the failure of the Joint Lives B and C. Rule. From the value of an annuitv on the life A, subtract the value of an annuity on the three joint lives, A, B, and C. A — ABC. V. Assurances on Single and Joint Lives, and on the Longest of Two Lives. Case 40. To determine the present Value of a given Sum, payable on the Death of a person of an assigned Age, or to find how much must be paid annually by a person of an assigned age, that his heirs may receive a given sum on his decease. Rule. Multiply the value of an annuity of £1 on the assigned life by the interest of £1 for one year, and subtract theproduct from unity ; then, dividing the remainder by the amount of £l for one year, the result will give the value of an as- surance of £1 ; and this last multiplied by the given sum will produce the result required. Ex. Required the present value of £ L000, pay- able on the death of a person aged 47 ; Carlisle Table, 3 per cent.* The value of £l annuity on a life of 47 is here 15-294, which, multiplied by *03, the interest of £1 for one year, gives -45882; and this subtracted from unity leaves -54118 ; then -54118 -f- 1*03 = •52542, and -52542 X 1000 = £525-42, or £525, 8s. 5d., as required. To find the value in annual payments : Divide the value in a single payment, found as above, by the value of£lannuityontheassignedlife,plusunity.t Hence, in the above example, we shall have 525*42--- 16-294 = 32-246, or £32, 4s. lid., the annual premium for an assurance of £1000 on a life of 47. Case 41. To find the Value of a given Sum, payable on the Extinction of either of Two Lives. Rule. Substitute the value of an annuity on the joint lives (Case 29), instead of the value of an annuity ona single life, and proceed as in Case 40. Case 42. To find the Value of a given Sum, pay- able on theExtinction of theLongest of T woLives. Rule. Substitute the value of an annuity on the longest of two lives (Case 30), instead of the value of an annuity on a single life, and proceed as in Case 40. VI. Endowments, or Assurances on Sur- vivorship of Time. Case 43. To find the present Value of agivenSum, payable at the End of a given number of Years, provided the Party assured survive that Period. Rule. Multiply the present value of £1 dis- counted for the given number of years by the probability that the given life will continue that period; and the product, multiplied by the given sum, will give the value required. Ex. Required thepresent value of£100, payable at the end of 10 years, provided a person,* now aged 20, be then alive ; Carlisle Table, 4 per cent. The present value of £1 to be received at the end of 10 years is *67556, and the probability that a person aged 20 will live that period, is 5642 -*- 6090. Hence we have *67556 X 5642 -7- 6090 X 100 = 62-586, or £62, lls.9d. To find the value in annual sums, payable at the commencement of each year : Divide the pre- ceding result by thevalue ofa temporary annuity, plus unity, for one year less than the given term. VII. Deferred andTemporary Assurances, on Single Lives. Case 44. To find the Value of a Deferred Assur- ance on a Single Life in one present Payment. Rule. Find the value of an assurance on a life as many years older than the given life as are equal to * Many of the assurance offices have framed their tables on this basis, but always with an addi- tional per centage, varying from about 10 to 25 per cent, on the computed amount of premium, to defray charges of management, and as a guaranty against contingencies. The addition of 25 per cent., which we observe has been adopted by several young offices, as the British and Colonial, the Commercial, and others, should yield a considerable surplus or profit. — See page 393. t Unity is added because in life assurances the first annual premium i3 paid at the date of entry. INT 417 INT the deferred term ; which multiply by the proba- bility of the assigned life attaining that period, and also bv£ldiscountedfor the given number ofyears. Ex." Required the value of £100, payable on the decease of a person aged 50, provided he sur- vive 10 years ; Carlisle Table, 3 per cent The value of an assurance of £100 on a life of 60 (50 + 10), Carlisle. 3 per cent, is (Case 40) 66*530 ; and as the probability of a life of 50 living to 60 is 3643 -•- 43!»7, and £l discounted for 10 vears at 3 per cent, is by Table II. 744094, we have 66.530 X i3«43 -=- 4397) X 744094 = 41-010, or £41, 0b. 2d. To find the value in annual payments d ring the deferred period : Divide the value in a single payment by unity added to the value of a tem- porary annuity on the life (Case 28) for one year less than the deferred period. To find the value in annual payments during the whole life of the assured : Divide the value in a single payment by unity added to the value of £1 annuity on the'given life. Case 45. To find the Value of a Temporary Assurance of a given Sum on a Single Life in one present Payment. Rule. From the value of an assurance on the whole life subtract the value of a deferred assur- ance for the given term. Ex. Required the value in a single payment of a temporary assurance of .£100 for 7 years, on the lite of a person aged 24 ; Northampton Table, 3 per cent. The value of an assurance of £100 on the whole life of a person aged 24, found bv Case 40, is 44-/10 ; from which, subtracting 35-047, the value of an assurance of £100 on the same life, deferred for 7 years, found by Case 44, leaves 9663, or £9, 13s. 3d., as required. To find the value in Annual Payments : Di- vide the value in a single payment by unity added to the value of a temporary annuity on the life for one year less than the given term. VIII. Assurances on Single Lives by a definite Number of Payments. Case 46. To find the Value of an Assurance of a given Sum on a Single Life by a definite Number of Payments. Rule. Divide the value of an assurance on the whole life, in a single payment, by unity added to the value of a temporary annuity on the life for 1 fear less than the given number of payments. X- Assurances on Survivorship of Lives. Case 47. To find the present Value of a given Sum payable to B, on the Decease of A, provided B survive A. To illustrate the rule, suppose A's age to be 32, and B's 24. Rule. 1st Term. Find, by Case 41, the value of £l.payable on thedeceaseof the joint lives32&24. 2d. Find, by Case 29, the value of £1 annuity on thejoint lives 33 and 24 (that is, taking A at one year older), to which add unity, and mul- tiply the sum by the number living at 33 ; then divide the product by the amount of £1 in one year multiplied by the number living at 32, and the quotient will give the second term. 3d. Find, by Case 29, the value of £l annuity on the joint lives 31 and 24 (that is, taking A at one year younger), and multiply this value by the number living at 31 ; then divide the pro- duct by the number living at 32, and the quo- tient will give the third term. From the sum of the 1st and 3d terms subtract the 2d tenn,and the remainder,multiplied by half the given sum, will produce the value required. To find the value in Annual Payments : Di- vide the value in a single payment, found as above, by the value of an annuity on the joint lives, plus unity. Ex. Required the present value of £400, p.iv- j able to B, aged 24, on the decease of A, aged 32, I provided B be then alive ; CarlisleTable, 5 per ct. Proceeding as above directed, the first term I will be found to be £-34962 ; the second £ 12-809 ; 1 the third £12-858 ; and the excess of the sum of the 1st and 3dabove the 2d,£-39862 ; which,mul- | tiplied by £20o, half the given sum, gives £79*724, ; or £79, 14s. 6d., the value in a single payment. And dividing this sum by £13-658, the value of an annuity on thejoint lives 32 and 24, plus uni- j ty, gives £5-8372, the annual payment required. X. Valuation of Policies. I Case 48. To find the Value of a Policy of As- surance, effected for the whole Term of Life, aft m any given Period of Endurance. Rule." 1st. Find the present value of the sum I assured as at the age of valuation ; 2d. Multiply i the value of £1 annuity on the life at the age of I valuation, plus unity,* by the annual premium ! at entry ; the product will give the value of the future annual premiums ; 3d. Subtract the value of the future annual premiums from the present i value of the sum assured as at the age of valua- tion ; the remainder will give the value required. Ex. Required the value (immediately before 1 the premium becomes due) of a policy for £100, ' effected ten years ago on a life then aged 40; Northampton Table, 3 per cent. The present value of the sum assured as at j 50 (Case 40), is 60*866. The annual premium ' for an assurance of £100 on a life of 40 (Case 40), is 3-398 ; which, multiplied by 13-436, the value of £1 annuitv on a life of 50, plus unitv, gives 45-656; and 60-866" — 45-656 = 15-211), or*£l5, 4s. 2Jd. If the premium for the 1 1 th year has been just paid, it falls to be added to the above value. ! Hence in this case 15-210 + 3-398 = 18-608, or I £18, 12s. 2d. N. B. — In valuing the policy the same rate of l interest and table of mortality are taken as in calculating the value of the assurance ; but it j may be observed that few or none of the offices ! give the real worth of a policy, thus found, for its surrender ; many of them deducting one-half, j some one-fourth, others three-fifths. XL Valuation of Bonuses. Case 49. To find the Value of any given Amount of Bonus, declared as an Addition to a Policy. I Rule. Multiply the given amount of bonus ! by the present value of £l, payable on the de- j cease of the party. Ex. Required the present value of a bonus of £500, the present age of the party being 42; t Northampton Table, 4 per cent. The present value of £1, payable on the de- ! cease of a life of 42, is (Case 4o) -46777 ; and 500 X -46777 = 233-885, or £233, 17s. 9d. Case 50. To find what Reduction of the future ! Annual Premium is equivalent to any assigned j Bonus. i Rule. Multiply the annual premium corres- j ponding to the present value of £1 at the given ' age, by the given amount of bonus ; the pro- { fluct will give the equivalent reduction of the ' future annual premium. Ex. Required what reduction of annual pre- ! mium is equivalent to a bonus of £100, declared I on a policy of £1750, effected at the age of 47, the annual premium being £56*43, and the present age of the assured 55 years ; Carlisle Table, 3 per cent. The annual premium corresponding to the present vaue of £ 1 at age 55 is (Case 40) -045019 ; and -045019 X 100 = 4*5019, the equivalent re- duction of annual premium required. Hence 56*43 — 4*5019 = 51-9281, or £51, 18s. 7d., the future annual premium. * Unity is added only if the Policy is renouncedimmediately before the annual premium becomes due. 2 D INT 418 INT TABLE I. Amount of £l in any Number of Years not exceeding Seventy-Five. Vears. TABLE II. Present Value of £1 due at the End of any Number of Years not exceeding Seventy-Five. Q per cent 5 per cent. 1 4 per cent. 3 per cent. 3 I'ei cent. 4 Per cent. 5 per cent. 6 per cut 1-060000 1-050000 1-040000 1-030000 1 •970874 •961538 •952381 •943396 1-123600 1-102500 1-081600 1-060900 2 •942596 •924556 •907029 •889996 1-191016 1-157625 1-124864 1-092727 3 •915142 •888996 •863838 •839619 1-262477 1-215506 1-169859 1-125509 4 •888487 •854804 •822702 •792094 1-338226 1-276282 1-216653 1-159274 5 •862609 •821927 •783526 •747258 1-418519 1-340096 1-265319 1-194052 6 •837484 •790315 •746215 •704961 1-503630 1-407100 1-315932 1-229874 7 •813092 -759918 •710681 •665057 1-593848 1-477455 1-368569 1-266770 8 •789409 •730690 •676839 •627412 1-689479 1-551328 1-423312 1-304773 9 •766417 •702587 •644609 •591898 1-790848 1-628895 1-480244 1-343916 10 •744094 •675564 •613913 •558395 1-898299 1710339 1-539454 1-384234 11 •722421 •649581 •584679 •526788 2-012196 1-795856 1-601032 1-425761 12 •701380 •624597 •556837 •496969 2-132928 1-885649 1-665074 1-468534 13 •680951 •600574 •530321 •468839 2-260904 1-979932 1-731676 1-512590 14 •661118 •577475 •505068 •442301 2-396558 2-078928 1-800944 1-557967 15 •641862 •555264 •481017 •417265 2-540352 2-182875 1-872981 1-604706 16 •623167 •533908 •458112 •393646 2-692773 2-292018 1-947900 1-652848 17 •605016 •513373 •436297 •371364 2-854339 2-406619 2-025817 1-702433 18 •587395 •493628 •415521 •350344 3-025599 2-526950 2*106849 1-753506 19 •570286 •474642 •395734 •330513 3-207135 2-653298 2*191123 1-806111 20 •553676 •456387 •376889 •311805 3-399564 2-785963 2-278768 1-860295 21 •537549 •438834 •358942 •294155 3-603537 2-925261 2-369919 1-916103 22 •521892 •421955 •341850 •277505 3-819750 3-071524 2-464716 1-973587 23 •506692 •405726 •325571 •261797 4*048935 3-225100 2-563304 2-032794 24 •491934 •390121 •310068 •246979 4-291871 3-386355 2-665836 2-093778 25 •477606 •375117 •295303 •232999 4-549383 3-555673 2-772470 2-156591 26 •463695 •360689 •281241 '219810 4-822346 3-733456 2-883369 2-221289 27 •450189 •346817 •267848 •207368 5-111687 3-920129 2-998703 2-287928 28 •437077 •333477 •255094 '195630 5-418388 4-116136 3-118651 2-356566 29 •424346 •320651 •242946 "184557 5-743491 4-321942 3-243398 2-427262 30 •411987 •308319 •231377 •174110 6-088101 4-538039 3*373133 2-500080 31 •399987 •296460 •220359 •164255 6-453387 4-764941 3-508059 2-575083 32 •388337 •285058 •209866 '154957 6-840590 5-003189 3-648381 2*652335 33 •377026 •274094 •199873 •146186 7-251025 5-253348 3794316 2-731905 34 •366045 •263552 •190355 •137912 7-686(187 5-516015 3-946089 2-813862 35 •355383 •253415 •181290 "130105 8-147252 5-791816 4-103933 2-898278 36 •345032 •243669 •172657 •122741 8-636087 6-081407 4-268090 2-985227 37 •334983 •234297 •164436 •115793 9-154252 6-385477 4-438813 3-074783 38 •325226 •225285 •156605 •109239 9-703507 6-704751 4-616366 3-167027 39 •315754 •216621 •149148 •103056 10-28572 7-039989 4-801021 3-262038 40 •306557 •208289 •142046 •097222 10-90286 7-391988 4-993061 3-359899 41 •297628 •200278 •135282 •091719 11-55703 7761588 5-192784 3-460696 42 •288959 •192575 •128840 "086527 1225045 8-149667 5-400495 3-564517 43 •280543 •185168 •122704 •081630 12-98548 8-557150 5-616515 3-671452 44 •272372 •178046 •116861 "077009 13-76461 8985008 5-841176 3781596 45 •264439 •171198 •111297 •072650 14-59049 9-434258 6-074823 3-895044 46 •256737 •164614 •105997 •068538 15-46592 9-905!)71 6317816 4-011895 47 •249259 •158283 •100949 •064658 16-.39387 10-40127 6570528 4-132252 48 •241999 •152195 •096142 •060998 17-37750 10-92133 6*833349 4-256219 49 •234950 •146341 •091564 •057546 18-42015 11-46740 7-106683 4-383906 50 •228107 •140713 •087204 •054288 19-52536 12-04077 7-390951 4*515423 51 •221463 •135301 •083051 '051215 20-69689 12-64281 7-686589 4-650886 52 •215013 •130097 •079096 •048316 21-93870 13-27495 7-994052 4-790412 53 •208750 •125093 •075330 •045582 23-25502 13-93870 8-313814 4-934125 54 •202670 •120282 •071743 •043001 24-65032 14-63563 8-646367 5-082149 55 •196767 •115656 •068326 •040567 26-12934 15-36741 8-992222 5-234613 56 •191036 •111207 •065073 •038271 27-69710 16-13578 9-351910 5-391651 57 •185472 •106930 •061974 •036105 29-35893 16-94257 9-725987 5*553401 58 •180070 •102817 •059023 •034061 31-12046 17-78970 10-11503 5*720003 59 •174825 •(•98863 •056212 •032133 32-98769 1867919 10-51963 5-891603 60 •169733 •095060 •053536 •030314 34-96695 19-61315 10-94041 6-068351 61 •164789 •091404 •050986 •028598 37*06497 20-59380 11-37803 6-250402 62 •159990 •087889 •048558 •026980 39-28887 21-62349 11-83315 6-437914 63 •155330 •084508 •046246 •025452 41-64620 2270467 12-30648 6-631051 64 •150806 •081258 •044044 •024012 44-14497 23-83990 12-79874 6-829983 65 •146413 •078133 •041946 •022653 46-79367 25-03190 13-31068 7-034882 66 •142149 •075128 •039949 •021370 49-60129 26-28349 13-84311 7*245929 67 •138009 •072238 •038047 •020161 52-57737 27-59766 14-39684 7*463307 68 •133989 •069460 •036235 •019020 55-73201 28-97755 14-97271 7-687206 69 •130086 •066788 •034509 •017943 59-07593 30-42643 15-57162 7-917822 70 •126297 •064219 •032866 •016927 62-62049 31-94775 1619448 8-155357 71 •122619 •061749 •031301 •015969 66-37772 33-54513 16-84226 8-400017 72 •119047 •059374 •02981 1 •015065 70-36038 35-22239 17*51595 8-652018 73 •115580 •112214 •108945 •057091 •028391 •014213 74-58200 1 79-(i5692 36-98351 18-21659 8-911578 74 •054895 •027039 •013408 38-83269 1894525 9-178926 75 ■052784 -025751 •012649 I XT 410 TNT TABLE 111. Amount of £1 per Annum at TABLE IV. Present Value of £1 p* the End of any Number of Years not ex- Annum for any Number of Years noi ceeding Seventy-Five. Vear.. exceeding Seventy-Five. (j per cent. 5 per cent. 4 pel cent. 3percent- «i per cent. 4 per cent. 5 per cent. 6 per rent. 1-000000 1400000 1*800000 i-oooooc 1 •970874 •961538 •952381 •943396 2*060000 2-050000 2-04*000 2-030000 2 1-913470 1-886095 1-859410 1-833393 3*183600 3-152500 3121600 3-09O9O0 3 2-828611 2-775091 2723248 2-673012 4-374616 4-310125 4-246464 4-183627 4 3717098 3-629895 3-545950 3-4651 06 5-637093 5-525631 5-416323 5-309136 5 4-579707 4-451822 4-329477 4-212364 6-975319 6-801913 6-632975 6-468410 6 5-417191 5-242137 5-075692 4-917324 8-393838 8-142iKi« 7-898294 7-662462 7 6-230283 6-002055 5-786373 5-582381 9-897468 9-549H >9 9*214228 8892336 8 7-019692 6-732745 6-463213 6-209794 11-49132 11-02656 10-58280 10-15911 9 7-786109 7-435332 7-1(7822 6-801692 13-18^79 12-57789 12-00611 11-46388 10 8*590203 8-110896 7721735 7-360087 1497164 14-20679 13-48635 12-80780 11 9-252624 8-760477 8-306414 7*896876 16-86994 15-91713 15-02581 14-19203 12 9-954004 9-385(74 8-863252 8-383844 18-88214 17-71298 16-62684 1561779 13 10-63496 9-985648 9-393573 8-852683 21-01507 19-59863 18-29191 17-08632 14 11-29607 10-56312 9-898641 9-294984 23-27597 21-57856 2" 1 '2359 18-59891 15 11-93794 11-11839 10-37966 9-712249 25-67253 23-65749 21-82453 20*15688 16 12-56110 1 1^65230 10-83777 10-10590 28-21288 25*84037 2369751 2176159 17 13-16612 12-16567 11-27407 10-47726 30-90565 28-13238 25-64541 23-41444 18 1375351 1265930 11 -68959 10-82760 33-75999 30-53900 27-67123 25-11687 19 14-32380 1313394 12-08532 1115812 36-78559 33 -(6595 2977808 26-87037 20 14-87747 13-59033 12-46221 11-46992 98*99273 35-71925 31-96920 28-67649 21 15-41502 14-02916 12-82115 1176408 43-39229 38-50521 34-24797 30-53678 22 15-93692 1445112 13-16300 1204158 46-99583 41-43048 36-61789 32-45288 23 16-44361 14-85684 1348857 12-30338 50-81558 44-50200 39-08260 3442647 24 16-93554 1524696 1379864 12-55036 54-86451 4772710 41-64591 36-45926 25 17-41315 15-62208 14T9394 1278336 59-15638 51-11345 44-31174 38-55304 26 17-87684 15-98277 14-37519 13-00317 63-70577 5466913 47-08421 40-7" 963 27 18-32703 16-32959 14-64303 13-21053 6852811 58-40258 4996758 42-93092 28 1876411 1666306 1489813 13-40616 73-63980 62-32271 52-96629 45-21885 29 19-18845 16-98371 15-14107 13-59072 79-05819 66-43885 56-08494 4757542 30 19-60044 17-29203 15-37245 1376483 84-80168 7o-76079 59-32834 50-00268 31 20-00043 17*58849 15-59281 13-92909 9o-88978 75-29883 82*70147 52-50276 32 20-38877 1787355 15-80268 14-08404 97 34316 80-06377 66-20953 55-07784 33 20-76579 1814765 16-00255 14-23023 104-1838 85(6696 69-85791 5773018 34 21-13184 18-41120 16-19290 14-36814 111-4348 00-32031 73-65222 60-46208 35 21-48722 1866461 1637419 14-49825 119- 12i <9 95-83632 77-59831 63-27594 36 21-83225 18-90828 1654685 14-62099 127-2681 101-6281 81 70225 66-17422 37 22-16724 19-14258 167H29 1473678 135-9042 107-7095 85-97034 69-15945 38 22-49246 1936786 1686789 14-84602 145-0.585 114-0950 9o-4o915 72-23423 39 88*88889 1958448 17-01704 14-94907 154-7620 120-7998 95-02552 75-40126 40 23-11477 1979877 17-15909 15-04630 165-0477 127-8398 99-82654 78-66330 41 23-41240 19-99305 17-29437 15-13802 175-9505 135-2318 104-8196 82-02320 42 2370136 2018563 17-42321 15-22454 187-5076 142-9933 110-0124 85-48389 43 23-98190 20-37079 17 54591 15-30617 199-7580 151-1430 115-4129 89-04841 44 24-25427 20-54884 17-66277 15-38318 212-7435 140*7002 121-0294 9271986 45 2451871 9979804 1777407 1545583 226-5081 168-6852 126-8706 96-50146 46 2477545 20-88465 17*89097 15-52437 241-0986 178-1194 132-9454 100-3965 47 25-02471 2P04294 17-98102 15-58903 256-5645 188-0254 139-2632 104-4084 48 25-26671 2P19513 18-07716 15-65003 272-9584 198-4267 145-8337 108*6406 49 25*50166 2134147 18-16872 157(757 290-3359 209-3480 152-6671 1127969 50 2572976 21-48218 18-25593 15-76186 3087561 220-8154 1597738 117-1808 51 2595123 2161749 18-33898 15-81308 328-2814 232-8562 167-1647 121-6962 52 26-16624 2174758 18-418(7 15-86140 348-9783 245-4990 1748513 126-3471 53 26-37499 21-87267 18-49340 15-90697 370-9170 258-7739 182-8454 1311375 54 26-57766 21-99296 1856515 15-94998 394-1720 272-7126 191-1592 136-0716 55 2677443 22-10861 18-63347 15 99054 418-8223 2873482 199-8055 141-1538 56 26-96546 22-21982 18-69854 1602881 444-9517 9687107 2087978 146-3884 57 27-15094 22 32675 1876052 16-06488 472-6488 318-8514 2181497 1517800 58 27-33101 22-42957 18-81954 1609898 50-2-0077 335-7940 227-8757 1573334 59 27-50583 22*52843 18-87575 1613111 5331282 353-5837 237-9907 163-0534 60 2767556 22-62349 18-92929 1616143 566-1159 372-2629 248-5103 168-9450 61 27-84035 2271489 18-98028 16-19003 f 01 -0828 391-8760 259-4507 175-0134 62 98*80094 22*80278 1902883 1621701 638-1478 412-4699 270-8288 181-2638 63 28-15567 22-88729 19*07809 16-24246 677-4367 434-0933 282-6619 1877017 64 28-30648 22-96855 19-11912 16-26647 719-0829 456-7980 294-9684 194-3328 65 28-45289 23-04668 19-161(7 16-28912 763-2278 480-6379 3077671 201-1627 66 28-59504 23-12181 19-201(12 16-31049 810-0215 505-6698 32M778 2081976 67 2873305 23-19405 19-239(7 16-33*65 859-6228 531-9533 334-9209 215-4436 68 28-86704 2326351 19-27530 16-34967 912-2(Nr2 559-5510 349-3177 222-9009 69 28-99712 23-33030 19-30981 1636762 967-9322 588-5285 364-2905 230-5941 70 29-12342 2339451 19-34268 16-38454 1027 -000 6189549 379-8621 2385119 71 29-24604 2345626 19-37398 16-40051 1089-629 660-9027 396-0566 246-6672 72 29-36509 23-51564 19-40379 1641558 684-4478 1 412-8988 255-0673 73 29-48067 23-57273 1943218 16-42979 1226-367 7196702 4304148 2637193 74 29-59288 23-62762 19-45922 16-44320 1300-949 756-6537 1 448-6314 1 272-6309 75 2970183 23-68041 19-48497 16-45585 \ Vain* I of Perpetu. il Annuity 33-33333 25-000*0 ■2 16-66667 INT 420 INT TABLE V. Exhibiting the Annual Decrements of Life, or Law of Mortality, according to Observations made at Northampton and Carlisle. i Persons Living. i < Persons Living. | < Persons Living. < Persons Living Persons Living | Pllsstis Living North. 1 Car- North- Car- North- Car- North- Car- North- Car. North. Car- a nip ton. lisle. nmptou. lisle. an.pt. lisle. «pt lisle. ampt. lUle. ampt. lisle. 11650 10000 18 5262 6176 30 3935 5307 54 2530 4143 71 1152 2277 88 83 232 1 8650 8461 19 5199 6133 37 3860 5251 55 2448 4073 72 1072 2143 86 t>2 181 2 7283 7779 20 5132 6090 38 3/85 5194 M 2366 4000 73 992 1997 80 46 142 9 6781 7274 21 5060 6047 30 3710 5136 57 2284 3924 74 912 1841 91 34 105 4 6446 6998 22 4985 6005 40 3635 5075 58 2202 3842 75 832 1675 92 24 75 s 6249 6797 23 4910 5963 41 3559 5009 50 2120 3749 76 752 1515 9.3 16 54 6 6065 6676 24 4835 5921 42 3482 4940 HO 2038 3643 77 675 1359 94 9 40 7 5925 6594 25 4760 5879 4,3 3404 4869 61 1956 3521 78 662 1213 95 4 30 8 5815 6536 26 4685 5836 44 3326 4798 n 1874 3395 79 534 1081 86 1 23 y 5735 6493 27 4610 5793 45 3248 4727 63 1793 3268 80 469 953 97 .. 18 10 5675 6460 28 4535 5748 40 3170 4657 64 1712 3143 81 406 837 98 14 ii 5623 6431 88 4460 5698 47 3092 45H8 65 1632 3018 82 346 725 99 11 18 5573 6400 30 4385 5642 48 3014 4521 66 1552 2894 83 289 623 100 9 id 5523 6368 31 4310 5585- 49 2936 4458 67 1472 2771 84 234 529 101 7 14 5473 6335 32 4235 5528 511 2857 4397 08 1392 2648 85 186 445 108 6 1.5 5423 6300 33 4160 5472 51 2776 4338 69 1312 2525 86 145 367 103 3 Id 5373 6261 34 4085 5417 52 2694 4276 70 1 1232 2401 87 111 296 104 1 17 5320 6219 38 4010 5362 r,:i 2612 4211 TABLE VI. V Annuity of £1 on a Single Life (or Number of Years' Purchase of an A nnuity), according to the Probabilities of Life at Northampton. Age. O per cent. 4 Percent. 5 per cent. 6 percent. A*t 3 Fr« t 4 r«r cent 5 per cent. 6 percent. 12-270 10-327 8-863 48 12-951 11-685 10-616 9707 1 16-021 13-465 11-563 10107 49 12-693 11-475 10-443 9-563 2 18-599 15-633 13-420 11-724 50 12-436 11-264 10-269 9-417 3 19-575 16-462 14-135 12-348 51 12-183 11-H57 10-097 9-273 4 20-210 17-010 14-613 12769 52 11-930 10-849 9-925 9-129 5 20-473 17-248 14-827 12-962 53 11-674 10-637 9-748 8-980 6 20-727 17-482 15-041 13-150 54 11-414 10-421 9-567 8-827 7 20-853 17-611 15-166 13-275 55 11-150 10-201 9-382 8-670 8 20885 17-662 15-226 13-337 56 10-882 9-977 9-193 8-509 9 20-812 17*625 15-210 13-335 57 10-611 9749 8-999 8-343 10 20-663 17523 15-139 13-285 58 10-337 9-516 8-801 8-173 11 20-480 17393 15-043 13-212 59 10-058 9-280 8-599 7-999 12 20-283 17-251 14-937 13-130 60 9-777 9-039 8-392 7-820 13 20-081 17-103 14-826 13-014 61 9-493 8-795 8-181 7-637 14 19-872 16-950 14710 12-953 62 9'205 8-547 7-966 7-449 15 19-657 16791 14-588 12-857 63 8-910 8-291 7742 7-253 16 19-435 16-625 14-460 12-755 64 8-611 8-030 7-514 7-052 17 19-218 16-462 14-334 12-655 65 8*304 7761 7-276 6-841 18 19013 16-309 14-217 12-562 66 7-994 7-488 7-034 6-625 19 18-820 16-167 14-108 12-477 67 7-682 7-211 6-787 6-405 20 18-638 16-033 14-0(7 12-398 68 7-367 6-930 6-536 6-179 21 18-470 15-912 13-917 12-329 69 7-051 6-647 6-281 5-949 22 18-311 15797 13-833 12-265 70 6734 6-361 6-023 5-716 23 18-148 15-680 13746 12-200 71 6-418 6-075 5764 5-479 24 17-983 15560 13-658 12-132 72 6103 5790 5-504 5-241 25 17-814 15-438 13-567 12-063 73 5794 5-507 5-245 5-004 26 17-642 15-312 13-473 11-992 74 5-491 5-230 4-990 4-769 27 17-467 15-184 13-377 11-917 75 5-199 4-962 4-744 4-542 28 17-289 15-053 13-278 11-841 76 4-925 4710 4-511 4-326 29 17-107 14-918 13-177 11763 77 4-652 4-457 4-277 4-109 30 16-922 14781 13-072 11-682 78 4-372 4-197 4-035 3-884 31 16-732 14-639 12-965 11-598 79 4-<77 3-921 3-776 3-641 32 16-540 14-495 12-854 11-512 80 3781 3-643 3-515 3-394 33 16-343 14-347 12740 11-423 81 3-499 3-377 3-263 3-156 34 16-142 14-195 12-623 11-331 82 3-229 3-122 3-020 2-926 35 15-938 14-039 12-502 11-236 83 2-982 2-887 2797 2713 36 15-729 13-880 12-377 11-137 84 2793 2-708 2-627 2-551 37 15-515 13716 12-249 11-035 85 2-620 2-543 2-471 2-402 38 15-298 13-548 12-116 10-929 86 2-462 2-393 2-328 2-266 39 15-075 13-375 11-979 10-819 87 2-312 2-251 2-193 2-138 40 14-848 13-197 11-837 10705 88 2-185 2-131 2-080 2-031 41 14-620 13-018 11-695 10*589 89 2-013 1-967 1-924 1-882 42 14-391 12-838 11-551 10*473 90 1794 1758 1-723 1-689 43 14-162 12-657 11-4(7 10-356 91 1-501 1-474 1-447 1*422 44 13-929 12-472 11-258 10-235 92 1-190 1-171 1-153 1-136 45 13-692 12-283 11-105 10-110 93 •839 •827 •816 •806 46 13-450 12-089 10-947 9-980 94 •536 •530 •524 •518 47 13-203 11-890 10'784 9-846 95 •242 •240 •238 •236 INT 421 INT TABLE VIL Value of an Annuity of £1 , on a Single Life (or Number of Years' Purchase of an Annuity , according to the Probabilities of Life at Carlisle. Age. 3 prr cent- 4 percent. 5 per cent. 6 per cent. Age. 3 Per cent. 4 per cent. 5 Per cent. 6 per cent. 17-320 14-283 12-083 10*439 52 13-558 12-258 11-154 10-208 1 20-085 16-556 13-995 12-078 53 13-180 11*945 10-892 9-988 2 21-501 17728 14-983 12925 54 12-798 11-627 10-624 9761 3 22-683 18717 15-824 13-652 55 12-408 11-300 10-347 9-524 4 23-285 19-233 16*271 14042 56 12-014 10-966 10-063 9-280 5 23693 19-594 16-590 14-325 57 11-614 10*625 9771 9-027 6 23-846 19-747 16735 14-460 58 11-218 10*286 9-478 8772 7 23-867 19-792 16790 14-518 59 10-841 9*963 9199 8-529 8 23-801 19-766 16786 14-526 60 10-491 9*663 8-940 8-304 9 23-677 19693 16-742 14-500 61 10-180 9*398 8712 8*108 10 23-512 19-585 16*669 14-448 62 9*875 9'137 8-487 7*913 11 23-327 19-460 16581 14-384 63 9*567 8*872 8-258 77U 19 23-143 19336 16*494 14-321 64 9*246 8*593 8-016 7*502 13 22-957 19-210 16*406 14-257 65 8-917 8-3(7 7-765 7~281 14 22769 19082 16*316 14-191 66 8-578 8'010 7-503 7-049 15 22582 18*956 16-227 14-126 67 8-228 7700 7-227 6*803 16 22*404 18*837 16-144 14-067 68 7*869 7'380 6*941 6*546 17 22232 18*723 16*066 14-012 69 7-499 7'049 6*643 6-277 18 22058 18*608 15*987 13-956 70 7-123 6709 6*336 5*998 19 21-879 18-488 15-904 13-897 71 6737 6358 6*015 5704 20 21*694 18-363 15-817 13*835 72 6*373 6"026 5711 5-424 21 21-504 18*233 15726 13769 73 6-044 5-725 5*435 6-170 22 21 -304 18*095 15*628 13*697 74 5-752 5*458 6*190 4-944 23 21'098 17-951 15*525 13621 75 5-512 5*239 4-989 4-760 24 20*885 17*801 15*417 13*541 76 5-277 5024 4792 4-579 25 20*665 17*645 15*303 13*456 77 5-059 4*825 4-609 4-410 26 2<> - 442 17-486 15*187 13*368 78 4-838 4*622 4-422 4-238 27 20*212 17*320 15*065 13*275 79 4-592 4-394 4-210 4-040 28 19*981 17*154 14*942 13*182 80 4-365 4-183 4*015 3-858 29 19761 16*997 14*827 13*096 81 4-119 3-953 3799 3656 30 19'556 16852 14723 13*020 82 3-898 3746 3-606 3-474 31 19*348 16*705 14*617 12*942 83 3-672 3*534 3-406 3-286 32 19*134 16*552 l4*oi 6 12*860 84 3-454 3*329 3-211 3-102 33 18*910 16-390 14*387 12771 85 3-229 3*115 3*009 2-909 34 18*675 16-219 14*260 12*675 86 3-033 2-928 2-830 2-739 35 18*433 16*041 14*127 12-573 87 2-873 2*776 2-685 2-599 36 18*183 15*856 13*987 12465 88 2-776 2*683 2-597 2-515 37 17*928 15*666 13*843 12-354 89 2-665 2*577 2*495 2-417 38 17-669 15-471 13*695 12-239 90 2-499 2*416 2-339 2-266 39 17*405 15*272 13*542 12-120 91 2-481 2-398 2-321 2-248 40 17*143 15-074 13*390 12-002 92 2-577 2-492 2-412 2-337 41 16*890 14*883 13*245 11*890 93 2-687 2-600 2*518 2-440 42 16*640 14*694 13*101 11779 94 2736 2-650 2-569 2-492 43 16*389 14*5<>5 12*957 11-668 95 2757 2-674 2*596 2-522 44 16*130 14-308 12*8<6 1T551 96 2704 2*628 2-555 2-486 45 15*863 14-104 12*648 11-428 97 2*559 2*492 2-428 2-368 46 15*585 13-889 12*480 11-296 98 2*388 2-332 2-278 2-227 47 15*294 13-662 12*301 11-154 ■ 2-131 2-087 2-045 2-004 48 14*986 13-419 12*107 10*998 100 1-683 1-653 1-624 1-596 49 14*654 13153 11*892 10-823 101 1-228 "•210 1-192 1-175 50 14-303 12*869 11*660 10*631 102 771 762 753 744 51 13*932 12-566 11*410 1IV422 103 •324 •321 •317 •314 TABLE VITL Value of an Annuity of £1 on a Single Life (or Number of Years' Purchase of an Annuity), according to the Probabilities of Life among the Government Annuitants , reckon- ing Interest at the rate of 5 per cent. per Annum. Aire. Male. Female. Age. Male. Female. Age. Male. Female. Age. Male. Female. 14 15614 16-336 29 14-475 15-302 44 45 12-581 13713 59 9-226 10-597 15 15-484 16-244 30 14-393 15-216 12-392 13-568 60 8-995 10-330 16 15-356 16-174 31 14-306 15-126 46 12-192 13-414 61 8752 10-052 17 15-235 16-112 32 14-214 15-033 47 11-976 13-251 62 8-494 9766 18 15125 16-054 33 14-114 14-938 48 11*749 13-080 63 8-225 9-476 19 15-031 16-000 34 14-007 14-842 49 11-515 12-900 64 7-954 9-181 20 14-950 15-946 35 13-892 14744 50 11-274 12-710 65 7*682 8-884 21 14-883 15-886 36 13770 14-648 51 11 -(132 12-508 66 7-409 8-584 22 14-840 15-824 37 13-643 14-549 52 10797 12-295 67 7*153 8284 23 14-803 15759 38 13-512 14-447 53 10-564 12073 68 6*900 7*982 24 14706 15-691 39 13-376 14-339 54 10-336 11-842 69 6-648 7*676 25 15619 40 13-235 14-227 55 10-112 11*604 70 6-399 7*»;9 26 14-683 15-544 41 13-087 14-107 56 9-900 11-361 71 6-1.7 7-<72 27 14-620 15-466 42 12-927 13-982 57 9*670 11-112 72 5-919 6778 •2H 14-550 15-385 43 12760 13-851 58 9-450 1' «S7 INT 422 INT TABLE IX. Value of an Annuity of £1 (or Number of Years' Purchase of an Annuity ) on the Joint Continuance St Two Lives not under 15, nor exceeding 75 Years of Age, according to the Carlisle Table of Mortality, and reckoning Interest at the several Rates of 3, 4, 5, and 6 per cent, per Annum. As ,-» 3 p"x cent. 4 per cent. 5 per cent. 6 percent. •Res. 3 per cent. 4 P" cent L O percent 6* percent. £q Diff. 5 Years. 15 15 18-908 16-272 14-215 12-578 2a 28 16747 14-670 13-000 11-637 16 16 18-719 16-134 14-112 12-499 24 29 16-524 14-500 12-8f>7 11-532 17 17 18-542 16-007 14-018 12-428 25 30 16-311 14-339 12742 11-433 18 18 18-365 15-880 13-925 12-358 26 31 16-097 14-176 12-615 11-333 19 19 18-182 15-748 13-827 12-284 27 32 15-875 14-006 12-482 11-227 20 20 17-993 15-610 13724 12-206 28 33 15-648 13-830 12-344 11-116 21 21 17797 15-466 13-616 12-123 29 34 15-424 13-657 12-208 11-007 22 22 17-588 15-310 13-497 12031 30 35 15-209 13-491 12-078 10-904 23 23 17-372 15-148 13-372 11-933 31 36 14-989 13-321 11-944 10797 24 24 17'148 14-978 13-240 1 1-829 32 37 14764 13-146 11-806 10-686 25 25 16-916 14-800 13-101 H718 33 38 14-531 12*964 11 -(61 10-569 26 26 16-681 14-620 12-960 11-605 34 39 14-290 12773 11-508 10-445 27 27 16-437 14-431 12-811 11-485 35 40 14-048 12-581 11-354 10-320 28 28 16-196 14-244 12-663 11-365 36 41 13812 12-394 11-204 10-198 29 29 15-976 14-075 12-530 11-259 37 42 13-579 12-209 11-056 10-078 30 30 15-784 13-930 12-419 11-173 38 43 13-346 12-024 10-907 9-957 31 31 15-591 13-784 12-308 11-086 39 44 13-107 11-833 10-753 9-831 32 32 15-392 13-632 12-191 10-995 40 45 12-868 11-641 10-598 9-705 33 33 15-180 13-469 12-064 10-894 41 46 12-630 U-450 10-444 9-579 34 34 14-954 13-294 11-926 10-783 42 47 12-389 11-256 10-287 9-450 35 35 14-720 13-111 11780 10-666 43 48 12-139 11-053 10-121 9-314 36 36 14-477 12-919 11-627 10-541 44 49 11-868 10*830 9-937 9-161 37 37 14-231 12724 11-470 10-413 45 50 11-580 10*591 9737 8-994 38 38 13-981 12-525 11-309 10-281 46 51 11-271 10*332 9-519 8-808 39 39 13-727 12-322 11-144 10-145 47 52 10-955 10-065 9-292 8-614 40 40 13-481 12-125 10-984 10-014 48 53 10-628 9-787 9-054 8-410 41 41 13-254 11-945 10-839 9-896 49 54 10-284 9-492 8799 8-189 42 42 13036 11-772 10-701 9-785 50 55 9-924 9-181 8-528 7-952 43 43 12-822 11-602 10-566 9-677 51 56 9-550 8-855 8-242 7-699 44 44 12-600 11-426 10-425 9-563 52 57 9-172 8*524 7*950 7*440 45 45 12-371 11-243 10-278 9-444 53 58 8797 8-194 7-657 7-179 46 46 12-128 11-047 10-119 9-314 54 59 8-439 7-876 7-375 6-926 47 47 11-870 10-837 9-947 9-172 55 60 8-098 7-574 7-106 6-685 48 48 11-591 10-607 9756 9-013 56 61 7788 7-299 6-860 6-466 49 49 11-279 10-345 9-535 8-826 57 62 7-480 7-025 6-615 6-246 50 50 10-942 10-059 9-291 8-617 58 63 7-175 6752 6-370 6-024 51 51 10-579 9748 9-023 8-384 59 64 6875 6-482 6-127 5-805 52 52 10-215 9-434 8751 8-147 60 65 6-589 6-225 5-R95 5-594 53 53 9-849 9-117 8-474 7-905 61 66 6323 5-986 5-678 5-398 54 54 9-480 8-796 8-192 7-656 62 61 6-054 5-743 5-458 5-198 55 55 9-103 8-465 7-900 7-397 63 68 5779 5-493 5-230 4-990 56 56 8-721 8-128 7*600 7-130 64 69 5-490 5-2^9 4-988 4767 57 57 8-334 7783 7-293 6-853 65 70 5-193 4-956 4737 4-534 58 58 7-954 7-444 6-988 6-577 66 71 4-882 4-667 4-469 4-285 59 59 7-605 7-131 6705 6-322 67 72 4-580 4-386 4-207 4-041 60 60 7-295 6-854 6-456 6-097 68 73 4-297 4-123 3-961 3-810 61 61 7-044 6-630 6-257 5-919 69 74 4-035 3-8/8 3731 3-594 62 62 63 6-804 6-417 6-067 5-748 70 75 3-804 3-661 3528 3-403 63 6563 6-202 5-875 5-576 64 65 66 67 68 69 70 71 72 64 65 66 67 68 69 70 71 72 6-308 5-974 5-669 5-390 Diff. 1 6-047 5-774 5-486 5-188 4-877 4-556 4-217 3-904 5738 5-490 5-228 4-954 4-666 4-367 4-050 3755 3-497 3-279 3-119 5-456 5-230 4-990 4-737 4-471 4-191 3-893 3-615 3-371 3-165 3-015 5-197 4-991 4-770 4-537 4-289 4-028 3748 3-485 3-254 3-058 2-916 15 16 17 18 19 20 21 25 26 27 28 29 30 31 17794 17-578 17-363 17-149 16-943 16749 16-551 15-460 15-298 15-136 14-975 14-821 14-677 14-530 13-608 13-483 13-359 13-235 13-117 13-008 12-896 12-115 12-017 11-919 11-822 11-730 11-646 11-559 73 74 75 73 74 75 3-631 3-400 3-231 22 23 24 25 32 33 34 35 16-344 16-126 15-897 15-660 14-374 14-208 14-032 13-848 12776 12-648 12-510 12-365 11-466 11-365 11-255 11-139 IHff. 5 Year*. 26 36 15-417 13-658 12-214 11-018 15 20 18-423 15-922 13-959 12385 27 37 15-168 13-462 12-058 10-891 16 21 18-230 15781 13-853 12-304 28 38 14-918 13-265 11-900 10763 17 22 18-036 15-639 13746 12-222 29 39 14-675 13M74 11747 10-639 18 23 17-838 15-493 1 3-6.*56 12-137 30 40 14-449 12-897 11-607 10-526 19 24 17 633 15-341 13-520 12-047 31 41 14-232 12728 11-474 10-420 20 25 17-421 15-182 13-398 11-952 32 42 14-017 12-560 11-342 10-315 21 26 17-204 15-019 13-272 11-853 33 43 13798 12-389 11-207 10-207 22 *7 1 16-977 14-846 13137 1174!", 34 44 13-369 12-208 11-063 10-091 INT 423 INT 1 w J percent. 4 per cent. ) per cent. 6 r«' <•-"■•[ Age*. 3 per cent. 4 per cent. 5 percent. per cent. |U:r. I«wn Dif. 20ye»rj. « 35 45 13-331 12-019 10-912 9-968 | 15 M 16-295 14-347 12765 11-462 36 46 13-082 11-819 IO750 9-836 1 16 aa 16-063 14-169 12-626 11-352 37 47 12-823 11-610 10-57!) 9-696 1 17 37 15-834 13-993 12-489 11-244 38 48 12-550 11-388 10-396 9-545 18 38 15-603 13-815 12-350 11-133 39 49 12-257 11-146 10-195 9376 19 39 15-367 13-632 12-206 11-018 40 50 1 1-954 10-894 9-984 9-117 20 40 15-131 13-449 12-062 10*903 41 51 n-645 ; 10-635 9766 9-012 21 41 14-903 13-272 11-923 I0793 42 i 52 11-338 l 10-378 9-548 8-827 22 42 14-673 13-094 11783 10-681 43 53 11-031 10-120 9-329 8-639 23 43 14-442 12-914 11-641 10-568 44 54 10-720 9-856 9-104 8445 24 44 14-202 12726 11-492 10-449 45 55 10-400 i 9-583 8-870 8-243 25 45 13-954 12-530 11-335 10-323 46 56 10-071 9.301 8-626 8-031 26 41 13-696 12-325 11-170 10-189 47 57 9-733 | 9-009 8372 7-808 27 47 13-425 12-107 10-993 10-044 48 58 9-392 | 87H 8111 7-578 28 48 13-143 11-878 10-805 9-889 49 59 9-053 | 8416 7*851 7-348 29 48 12-849 11-638 10-617 9-724 50 60 8729 i 8-132 7-601 7-127 30 50 12-551 11-393 10-404 9-554 51 61 8-429 7-869 7-370 6-923 31 51 12-237 11-132 10-186 9-370 52| 62 81 35 i 7-611 7-142 6721 32 52 11-919 10-866 9-962 9-180 53 63 7839 1 7-350 6911 6-515 33 53 11-594 10-593 9730 8-982 54 64 7533 ; 7-078 6-669 6-299 34 54 11-261 10-311 9-490 8775 55 65 7~219 6798 6418 6-073 35 60 10-919 10-020 9-240 8-559 56 66 6-896 6-508 6156 5-836 36 66 10-570 9721 8-981 8-334 57 67 6-562 6-.V5 5881 5-585 37 57 10-216 9-416 8716 8-101 58 68 6-224 5897 5-600 5-328 38 58 9-865 9111 8-449 7*866 ■0 69 5-890 5-591 5319 5-069 39 59 9-531 8-820 8-194 7-642 00 70 5-565 5-293 5-044 4-816 40 60 9*224 8-553 7-961 7-436 61 71 5-254 5-006 4779 4-569 41 61 8-960 8-325 7763 7263 62 72 4-963 4737 4-529 4-337 42 61 8705 8-104 7-571 7-096 63 73 4-699 4-492 4-302 4-125 43 63 8-450 7884 7-379 6-928 64 74 4-459 4-269 4-094 3931 44 64 8-183 7-651 7-175 6749 65 75 4-257 4-082 3921 3-770 45 05 7-910 7-411 6-964 6-562 Dif. 15 ve»n. 46 66 7-624 7159 6740 6-362 15 30 17-063 14-918 13-195 11-793 47 63 7-325 6-893 6-503 6-149 16 31 16-165 14771 13-083 11707 48 68 7-012 6-612 6-251 5-922 17 32 16-669 14-625 12-973 11-622 49 69 6-682 6-314 5-980 5-676 18 33 16-466 14-473 12-857 11-532 50 7" 6-338 6-001 5-695 5-415 19 34 16-252 14-311 12-733 11 -4:5 51 71 5-977 5-671 5-391 5-135 20 35 16-031 14-142 12-602 11-332 52 72 5-636 5-357 5102 4-867 21 36 15-8* '2 13-966 12-464 11-223 53 73 5-326 5-071 4-837 4-622 22 37 15-565 13782 12-319 11 K7 54 74 5-048 4-815 4-600 4-402 23 38 15-322 15073 13-593 13-398 12-169 12-013 10-986 55 75 4-813 4-598 4-400 4-217 24 39 10-860 25 40 14-824 13-202 1 1-856 10733 If 41 15-348 13-623 12-201 11-019 26 41 14-584 13-014 H-706 10612 16 41 15-116 13-444 12-061 10-908 27 42 14344 12-825 1 1-556 10-491 17 42 14-894 13-273 11-928 10-803 28 43 14-M7 12-638 1 1-407 10-371 18 43 14-673 13-103 11796 10-699 29 44 13875 12-455 U-261 10-254 19 44 14-444 12-926 11-657 10-589 30 45 13-650 12 --78 U121 10-142 20 45 14207 12-741 11-511 10-473 31 1 46 13416 12-093 10974 10-024 21 4fl 13-959 12-545 11-355 10-348 32 47 13-171 11-897 10-817 9896 22 47 13-696 12-336 11-187 10-212 33 48 12-908 11-685 l"-644 9754 23 48 13-417 12-111 11-004 10-062 34 49 12-6-20 11-449 10-449 9-592 24 40 13-114 11-864 10-801 9-893 35 50 12-314 11-196 10-238 9-414 25 SO 12793 11-599 10-581 9708 36 51 11-989 10-924 10-009 9-219 26 51 12-454 11-317 10-344 9-5(7 37 52 11-661 10-649 9776 9-020 27 52 12-110 11-029 10-100 9-299 38 53 11-330 10*369 9-538 8-815 28 53 U765 10738 9-853 9-087 39 54 10-995 10-084 9-294 8-605 29 54 11-425 10*450 9-608 8-876 40 55 10-658 9796 9-046 8-389 30 66 11-089 10-164 9-364 8-666 41 56 10-325 9-510 8-799 8-175 31 56 10749 9873 9-114 8-449 42 57 9-992 9-223 8-549 7-956 32 ^7 10-402 9-575 8-855 8-223 43 58 9-665 8-940 8-302 7739 33 58 10-055 9-275 8594 7*994 44 50 9-353 8-669 8-066 7532 34 50 9721 8-986 8341 7772 45 60 9-063 8-417 7-846 7-339 35 60 9410 8716 8-105 7-565 46 61 8-803 8193 7-652 7-170 36 61 9132 8476 7-897 7-382 47 62 8-545 7-970 7-458 7-001 37 62 8-859 8-239 7-691 7-202 48 |63 8-279 7-739 7-256 6-824 38 63 8-584 8-000 7-481 7*018 49 64 7-992 7487 7-034 6-627 39 64 8-296 7748 7-260 6-822 SO 65 7-691 7-221 6799 6-417 40 65 8-006 7493 7-034 6-622 51 66 7-374 6-939 6-546 6-190 41 66 7713 7*234 6804 6-416 52 67 7-047 6-646 6-282 5-952 42 6? 7413 6-967 6-565 6-202 53 68 6713 6-344 6-009 5704 43 68 7-106 6-692 6319 5-980 54 6-370 6-033 5725 5-445 44 60 6790 6-407 6-061 5746 55 70 6-019 5712 5-431 5-174 45 7" 6-465 6113 5793 5-502 56 71 5-656 5-378 5-123 4-888 46 71 6-127 5-804 5-510 5-242 57 72 5-310 5058 4-826 4-612 47 72 5-806 5-510 5-240 4-993 58 73 4-995 4765 4-553 4-358 48 73 5-513 5-241 4-992 4763 50 74 4719 4-509 4-315 4-136 49 74 5-247 4-996 4766 4-555 607; 4-408 4*904 4-125 3-959 50 75 5-022 4-790 4-577 4-380 int 424 INT Ages. 3 per cent 4 per cent. 5perce,.t. Q per cent. Apes. 3 per cent. ipereent. 5 per cent. 6 per cent. Dif. 3oye»r„. Dif. 4o year*. 15 45 14-381 12-884 11-630 10-570 15 i 55 11-528 10-543 9-692 8-953 16 46 14-129 12-685 11-472 ld-443 16 56 11-166 10-234 9-427 8724 17 47 1 3-872 12-481 11-309 10-312 17 57 10-803 9-923 9-158 8-490 18 48 13-601 12-264 11-134 10-170 18 58 10-444 9614 8-890 8-255 19 49 13-3(7 12-025 10-939 10-0H9 19 59 10-101 9-318 8-633 8-030 20 50 12-995 11-769 10727 9-&33 20 (30 9-782 9-043 8-394 7-822 21 51 12663 11-494 10-498 9-640 21 61 9-499 8-800 8-184 7-639 22 52 12-325 11-212 10-261 9-439 22 62 9-218 8-558 7-975 7-457 23 53 11-981 10-924 10-017 9-231 23 63 8-933 8-311 7760 7-269 24 54 11-632 10629 9766 9-016 24 64 8-635 8-051 7-532 7-069 25 55 11-274 10-325 9-505 8790 25 65 8-329 7783 7-295 6-859 26 56 10-911 10-015 9-237 8-558 26 66 8-012 7-503 7-047 6-638 27 57 10-541 9-696 8-960 8-316 27 67 7-683 7-210 6785 6-403 28 58 10-176 9-380 8-684 8-073 28 68 7-345 6-908 6-514 6-158 29 59 9-836 9-085 8-427 7-847 29 69 7-004 6-600 6-236 5-905 30 60 9-529 8-820 8-19(5 7-645 30 70 6-662 6-291 5-954 5-648 31 61 9-259 8-587 7-995 7-470 31 71 6-309 5-969 5-660 5-378 32 62 8-993 8-358 7796 7-296 32 72 5-976 5-664 5-379 5-119 33 63 8721 8-122 7-591 7-117 33 73 5-673 5-386 5-123 4-883 34 64 8-434 7-872 7-372 6-924 34 74 5-403 5-137 4-894 4-671 35 36 65 66 8*140 7-834 7-614 7-343 7-143 6-903 6721 6-507 35 75 5-179 4-933 4706 4-498 Dif. 45 years. 37 67 7-517 7-061 6-651 6-280 15 60 9-852 9-103 8-446 7-867 38 68 7*191 6-769 6-388 6-043 16 61 9-565 8-857 8233 7-682 39 69 6-856 6-466 6-113 5793 17 62 9-287 8-617 8-026 7*502 40 70 6-515 6157 5-832 5-536 18 63 9-006 8-375 7-816 7-318 41 71 6-169 5-841 5-542 5-269 19 64 8712 8-120 7-593 7-123 42 72 5-846 5-544 5-269 5-017 20 65 8-411 7-856 7-361 6-918 43 73 5-556 5278 5-023 4790 21 66 8-099 7-581 7-118 6-702 44 74 5-299 5-042 4-806 4-589 22 67 7773 7-292 6-860 6-471 45 75 5-089 4-850 4-630 4-427 23 68 24 ! 69 7-438 7-091 6-992 6-680 6-591 6-309 6-229 5-973 Dif. 35 years. 25 70 6-736 6-358 6-017 5-706 15 50 13-131 11-882 10-822 9-913 26i71 6*369 6-024 5710 5-425 16 51 12-794 11-6(13 10-589 9717 27J72 6-022 5-706 5-418 5-155 17 52 12-459 11-325 10-356 9-520 28 73 5709 5-418 5-153 4-910 18 53 12-122 11-043 10-119 9-318 29 74 5-434 5-166 4-920 4-695 19 54 11-780 10-755 98/5 9-109 30 75 5-213 4-964 4735 4-524 20 55 11-429 10-458 9-621 8-891 Dif. BO vears. 21 56 11-072 10-154 9-359 8-665 15 65 8458 7-897 7-398 6-950 22 57 10-706 9-840 9-087 8-428 16 66 8-142 7-618 7-151 6731 23 58 10-342 9-526 8814 8-189 17 67 7-817 7-331 6-894 6-501 24 59 9-994 9-225 8-551 7-959 18 68 7-485 7-034 6-628 6-262 25 60 9-669 8-943 8-306 7744 19 69 7-141 6-725 6-350 6-010 26 61 9-380 8-694 8-090 7-555 20 70 6790 6-4(7 6-061 5746 27 62 9-094 8-447 7-875 7-367 21 71 6-427 6-076 5758 5-469 28 63 8-807 8-198 7-658 7-177 22 72 6-083 5762 5-469 5-202 29 64 8-515 7-943 7-434 6-979 23 73 5771 5-475 5-206 4-959 30 65 8-224 7-688 7-210 6781 24,74 5-493 5-221 4-971 4743 31 66 7-924 7423 6-975 6-572 25 75 5-263 5-010 4-778 4-565 32 67 7-612 7-146 6728 6351 Dif. .i.i voari. 33 68 7-288 6-857 6-468 6-116 15 70 6-818 6-433 6-084 5767 34 69 6-952 6-554 6-194 5-868 16 71 6-452 6-0.98 5-778 5-486 35 70 6-608 6-242 5-910 5-0K9 17 72 6-108 5-784 5-4.90 5-221 36 71 6-251 5-916 5-611 5-334 18 73 5799 5-501) 5-228 4-980 37 72 5-914 5-6(7 5-327 5-071 19 74 5-524 5-249 4-997 4-766 38 73 39 74 5-609 5-337 5-326 5-076 5-063 4-838 4-832 4-619 20l75 5-298 5-042 4-807 4-592 Dif. 6> yaw. 40 75 5-115 4-872 4-650 4-44G 15 175 5-315 5-057 4-821 4-604 Principal Works on Annuities and Assurances.— Baily's Doctrine of Life Annuities and As- surances, 1813. Milne's Treatise on the "Valuation of Annuities and Assurances, and Construction of Tables of Mortality, 1815. Corbaux's Doctrine of Compound Interest, 1825. Article Annuities in Encyclopaedia Britannica. Jones's Treatise on Annuities and Reversionary Payments, pub- lished by the Society for the Diffusion of Useful Knowledge, a work chiefly distinguished for the numerous tables which it contains, including a series computed by Barrett's method. See also other works referred to in this article, and in that on Insurance on Lives. INVOICE, a mercantile document containing a description of goods sold or consigned, with an account of the charges, if any, that are made against the buyer or consignee. Inland invoices are generally made out in the form of bills of par- cels, containing in the title the place, date, and names of the parties. Shipping or exportation invoices are usually headed with a short account of the goods, the names of the vessel and captain, the port of destination, the name of the consignee, and a specification of the account on which the goods are sent. Pro forma invoices are statements of supposititious transactions, sometimes made out in order to show the ordinary allowances and charges on goods, and conse- quently, with the prices, to exhibit the estimated net proceeds. IOD 425 ION IODINE, a substance obtained by a chemical process from kelp, from soap- makers' black ash, or from the brown residuary kelp-liquor of the soapboilers. It is soft and friable, of a blueish-black colour, and metallic lustre. Sp. gr. 4'946. It is extremely volatile. Its smell resembles that of diluted chlorine ; its taste is acrid. Iodine was discovered in 1812 by M. Courtois of Paris, and its compounds are as yet employed principally in medicine, where it is used in glandular diseases, and as an alterative. Mr Brande is of opinion, however, that from the rich colours of some of its metallic combinations, it might be employed in calico-printing. IONIAN ISLANDS (UNITED STATES OF THE), a republic, under Brit- ish protection, situate on the W. and S. coasts of Greece, consisting (besides islets) of seven principal islands ; namely, Corfu, Cephalonia, Zante, Santa Maura, Ithaca, Cerigo, and Paxo. Area, 1041 sq. miles. Population in 1839, 221,057. The government is vested in a high commissioner residing at Corfu, who represents the sovereign of Great Britain, — a legislative assembly of 29 members elected by the syncleta or nobles, and 11, styled integral, appointed by the commissioner,— and a senate composed of 5 members elected by the legislative assembly, and a president nominated by the commissioner. These islands are almost all of an irregular form ; their coasts are rugged and indented ; and barren rocks and heath-covered hills form nearly half their whole contents. The climate is mild, but subject to sudden changes ; hurricanes and earthquakes are frequent, especially in Zante, and the sirocco occasionally makes the heat oppressive. The land is mostly in the hands of small proprietors, who let it out on the metayer system to tenants paying half the produce as rent. Being more favourable to grape cultivation than to the raising of corn, upwards of three-fourths of the surface available for tillage is laid out in currant grounds, vineyards, and olive-plantations, which are generally well managed. Cephalonia and Zante, however, are the only islands in which currants are grown, with the exception of Ithaca and Santa Maura, in which a few acres are em- ployed for that purpose- Oil and wine are chiefly the produce of Corfu, but in all the islands the olive-tree is more or less cultivated. The currants are gathered in the middle of September ; the olives in December. The quantity of bread-corn grown is equal to only one-fourth of the consumption. In Corfu and Zante, soap is made to some extent ; at the latter also, silk, gros-de-naples, and handkerchiefs are woven. In other respects manufactures, properly so termed, can scarcely be said to exist. The wives of the peasants, however, spin and weave a coarse kind of woollen cloth, nearly sufficient for the use of their families ; and some coarse blankets and linens are also made. The imports into the Ionian Islands, on an average of the three years ending 1839, amounted to £657,099 ; about one-third of which consisted of wheat, brought mostly from Odessa; the chief other articles were Indian corn, live-stock (from Albania and Greece), colonial produce, British manufactures, and dried fish. Of exports, the annual amount, on an average of the same three years, was £334, 356; consisting mostly of currants (17,746,648 lbs., £229,299) sent almost wholly to Great Britain ; with about 30,833 barrels (each of 16 gallons) of olive ofl, and 1,782,770 lbs. soap ; the other articles were of very trifling value. The amount of shipping possessed by "the islanders is considerable ; much of it is employed in the Levant trade. Of 265,253 tons entered inwards the ports of the different islands in 1839, no fewer than 127,356 tons were Ionian; the remainder was chiefly Greek, Austrian, British, and Russian. Corfu, situated in the island of that name, in lat 39°36' N., long. 19°54'E., is the principal port and seat of government. Pop. 16,000, of whom 4000 are Jews. The town is very strongly fortified. The harbour, which is one of the best in the Levant, and has a depth of about 80 feet, is formed by the Island of Vido, the rocks called Condilonisi, the Lazaretto island, and the New Fort. The chief other ports are Zante, in the island of the same name, and Argoatoli, in Cephalonia. Measures, Weights, Money, Ditties, &c Measures and Weight*. — The Imperial system was introduced in 1828, when the stadio of 40 carnaco was made equal to 1 Imp. furlong ; the barrel to 16 Imp. gallons, or 128 dicatoli or pints ; the kilo, corn measure, to 1 Imp. bushel; the libbra sottile to 1 lb. trov ; the libbra grossa to 1 lb. avoird. ; and the tafanto to 100 lbs. avoird. The chief old measures are the Zante cloth braccio = 27-18 inches; and silk braccio = 25-37 inches ; the Zante barile = 14-68 Imp. galls. ; the Corfu barile = 15Imp. galls. ; the Corfu moggio, grain measure, of 8 misure = 4-63 Imp. bushels; the moggio, land-measure, of 8 misure, or 24 zappade = 2 Imp. acres, 1 rood, 24 perches ; the quintal of 44 okes = 123-15 lbs. avoird.; and 10 okes = 28 lbs. avoird. Money. — Accounts are kept in taleri or dollars, each of 100 oboli ; also in British money ; and in some places in Turkish piastres of 40 paras. The circulating medium is composed of Spanish, American, Austrian and Venetian dollars, the first being reckoned at 104 oboli, the two last at 100 oboli ; Spanish doubloons ; British silver coins ; and Ionian currency, consisting of silver threepences, and copper pieces for 4th and ^,th of a penny. No paper money is in circulation. Exchange on London fluctuates from about 50id. to 514d. per Spanish dollar. Duties on exports : oil and currants, 191 per cent. ; wine, 6 per cent. ; soap, 8 per cent., ad valorem. The import duty is regulated accord- ing to a tariff, non-enumerated articles in which pay 7 or 8 per cent., ad valorem. The Revenue amounts to about £160,000, de- rived chiefly from export duties and customs ; the direct taxes are trifling. These islands, after many changes, became, in the 15th century, subject to the dominion of Venice- After the downfal of that republic, they were the cause of frequent contention among the Mediterranean powers, whose mutual jealousies led to their being formed, in 1815, into au independent state, under the protection of Great Britain, by whom they are garrisoned with a force of about 3000 men. S IPE 420 IRO IPECACUANHA, a medicinal root derived, from several plants growing in S. America. The best is the annulated, yielded by a small shrubby plant (Cephaii- lis Ipecacuanha), found in moist situations in Brazil and New Granada. It occurs brown, red, and gray, or grayish- white. This kind, sometimes called Brazilian or Lisbon ipecacuan, is exported from Rio Janeiro in bales and barrels. The root is in short pieces, of the thickness of a goose-quill, with numerous circular depres- sions or clefts, and much twisted ; and having a central woody fibre, surrounded by a cortical part, in which its virtues chiefly reside : the larger, therefore, its relative proportions the better. Another kind, black and weaker, the product of the Psychotria emetica, a native of Peru, is sometimes exported from Carthagena. The primary effect of ipecacuanha is that of stimulating the stomach. If the dose be sufficiently large it acts as an emetic, a purpose for which it is much employed. It was first imperfectly described by Piso in 1648 ; but it did not come into general use till about 1686, when Helvetius, under the patronage of Louis XIV., introduced it into practice. IRIDIUM, a rare metal discovered in 1803 by Mr Tennant. It is heavy, brittle, whitish, and when carefully polished, resembles platinum. One of its most remark- able characters is the difficulty with which it is acted upon by acids. IRON (Dan. Iern. Du. Yzer. Fr. Fer. Ger. Eisen. It. & Por. Ferro. Rus. Scheleso. Sp. Hierro. Sw. Iern) is at once the most diffused, the most abundant, and the most important of the metals. It has a peculiar gray colour, and strong metallic lustre, which is susceptible of being heightened by polishing. In duc- tility and malleability it is inferior to several metals, but exceeds them all in tenacity. At common temperatures it is very hard and unyielding ; and it is one of the most infusible of the metals ; but this disadvantage is counterbalanced for all practical purposes by its possessing the property of welding in high perfection. Fusing point, 3479° Fahr. Sp. gr. 7*78. When exposed to the atmosphere it absorbs oxygen, and becomes an oxide, or rusts. It is attracted by the magnet, and may itself be rendered permanently magnetic. Its uses are almost innumerable. " Iron, says Dr Ure, " accommodates itself to all our wants, our desires, and even our caprices ; it is equally serviceable to the arts, the sciences, to agriculture, and war; the same ore furnishes the sword, the ploughshare, the spring of a watch or of a carriage, the chisel, the chain, the anchor, the compass, the cannon, and the bomb : it is a medicine of much virtue, and the only metal friendly to the human frame." And it was forcibly remarked by Locke, that he who first made known the use of iron " may be truly styled the Father of Arts and Author of Plenty." This metal is found native in very small quantities ; but its ores are numerous, and widely diffused. The principal are the following : — The red oxides of iron included under the name of red hsematite ; the brown haematite of mineralogists ; the black oxide, or magnetic iron ore ; and protocarbonate of iron, either pure or in the form of clay iron ore. The three former occur most abundantly in primary districts, and supply the finest kinds of iron, — as those of Sweden and India; while clay ironstone, from which most of the British iron is extracted, occurs in second- ary deposits, and chiefly in the coal formation ; being found in layers in slaty clay between the beds of coal. Iron is divided into two distinct qualities ; pig or cast iron, the metal in its crudest state, and malleable or bar iron, the same when freed from impurities by an extension of the processes requisite for the production of the first kind. Pig or Cast Iron.— The first process is that of roasting or calcining the ore in a kiln, in order to drive off the water, sulphur, and arsenic, with which it is more or less combined in its native state, an operation by which it loses one-sixth part of its weight. The roasted ore is then subjected to the process of smelting, by which it is reduced into a metallic state by means of fusion. This operation is conducted in a blast-furnace, charged from the top with certain proportions of iron- ore, of coke or coal, and of limestone; the use of the last being to act as a flux to the ore, and {>romote its fusion. In order to produce the degree of heat necessary for the fusion of the ore, its ntenseness is promoted by the forcing in of a current of air, for which purpose the agency of steam is now commonly employed. The fluid metal is allowed to run out from time to time, and con- ducted into moulds formed in the sand of the smelting-house floor, for the various things made of cast-iron, — from vast beams, wheels, and cylinders of steam-engines, to the smallest articles of domestic use, — or it is conveyed into channels for the pigs, the form in which cast-iron is sold as a raw material, and the produce of which from the ore averages about 60 per cent. The term " pig-iron " was given by the workmen : the metal is run off into a main channel which they call the sow, and the bars at right angles to it they liken to pigs sucking the teats of the sow. The quality of pig-iron depends not only upon the nature of the ore, but also upon that of the fuel. The principal subdivision is into foundery-iron and forge-iron. Foundery-iron is used in the state of pigs for casting ; it is of three qualities, distinguished by the numbers 1 , 2, and 3 :— IRO 427 IRO No. 1 contains a large proportion of carbon which it has acquired from the coke used for smelt- in-: ; it is soft and very fluid when melted, so that it will mould into the most delicate forms. No. 2 contains a smaller proportion of carbon than No. 1 ; it is also harder, closer grained, and of more regular fracture, more refractory in the furnace, and does not run so freely when melted ; but being harder and stronger, it is preferred for purposes where strength and durability are required in preference to delicacy of form. No. 3, sometimes called dark-gray iron, the only one of the three kinds fit for conversion into bar-iron, varies in the same direction as No. 2 from the qualities of No. 1, but in a greater degree ; it is used for heavy work, where it has to bear great strains, and is exposed to constant wear. Forge-iron is also divided into three qualities,— bright, mottled, and white, appellations which are indicative of their appearance. They all contain carbon, in proportions less than foundery-iron, and diminishing in the order in which they are here mentioned. Bright iron is used extensively f4. The Dutch trade is chiefly in the hands of the " Maatschappij," a commer- cial association formed in 1825, whose capital now amounts to fl. 97,000,000 (about i'8,000,oi,0), of which fl. 20,000,000 stand in the name of the abdicated king. 1 he principal ports, and those to which foreign trade is confined, are Batavia. Samarang, and Sourabaya, on the N. coast, where the sea being usually smooth, and the weather moderate, good anchorage may be found nearly at all seasons. The S. coast, owing to its complete exposure to the Indian Ocean, has no good harbours, and is but little frequented. The best in this quarter are Chelachap and Pachitan. Produce, especially rice, is shipped from most of these ports ; but almost the whole external commerce of the island is concentrated at Batavia. About 105,000 lasts of shipping enter the ports of Java and Madura annually, embracing 80,000 Dutch, 10,000 British, and 15,i 00 lasts belonging to other countries. Batavia, the chief port of Java, and indeed of the whole Eastern Islands, is advantageously situ- ated at the mouth of the Jacatra, on the N.W. coast, in lat. 6° 10' S., long. 1<7 3 E., at the bot- tom of an extensive bay. A circular range of islands shelters the roads, and ensures safe anchor- age ; but the water is shallow, and large vessels lie about three miles from shore. The climate is sultry, and varies little throughout the year. Fahrenheit ranges from 72 to 96 ; the rainy season is generally from October to March, when westerly winds prevail ; the dry from June to October, the period of the E. monsoon. The o'.d town was proverbially unhealthy, and though of late years rendered more salubrious by the improvement of the canals, and the demolition of several streets, is inhabited only by natives and Chinese ; Europeans, though they still transact their business there, have their residences at Weltevreeden, a new town, several miles inland, where are like- wise the government establishments. Batavia is the centre of an extensive commerce with Eu- rope, India. China, and America. Besides exchanging the produce of Java for the imports from these countries, it is an entrepot for the productions of all the Eastern Islands and Japan. Measures, Weights, Money, &c Meatwret and Weights. — The ell =271, and i Money. — Accounts are stated in Netherlands the foot = 1236 Imp. inches. florins or guilders, each of 100 cents ; the florin The kanne, liquid measure, = 91 Imp. cubic is a silver coin = Is. 8d. sterling. In 1828, a bank inches ; and 33 kannes = 13 English galls, old was established at Batavia, with- a capital of measure, or 10£ Imp. galls. ; a leaguer of arrack fl. 2,000,000 ; but it has lately suspended pay- of 396 rands = 160 English wine galls., or 133$ ment. Imp. galls. ; a leaguer of wine is 360 rands. j A treaty with Great Britain was concluded bv The ordinary weights here, as well as through- Holland in 1824, which contained provisions for out all the Eastern possessions of the Dutch, are regulating the intercourse between the subjects those of China ; the pecul, however, instead of of the two governments in the East ; but its 133J lbs. avoird., is reckoned at 125 Dutch terms are alleged to have been violated by troy lbs. = 135 lbs. 10 oz. avoird., but com- the Dutch authorities in Java, as well in the monly estimated at 136 lbs. avoird. Grain is higher rates they have since imposed on Rrit- sold in large quantities by the coyang of 3300 ish imports, as in the custom-house valuations Dutch troy lbs. = 3581 lbs. avoird. ; in small on which these rates have been founded. An quantities by thetimbang of 5 pectus, or 10 sacks, account of this treaty is given under the head The kulack = 7£ catties ; and the last contains 46 Netherlands. measures, each of 5 gantons. i JEAN, a thick, strong, twilled cotton fabric, used for stays, jackets, trousers, and similar articles. JERQUING, the search of a ship performed by a custom-house officer (called a jerquer), to ascertain if there are any unentered goods concealed. JERSEY, GUERNSEY, ALDERNEY, and SARK, small islands in the English Channel, off tbe coast of Normandy, subject to the British crown ; having been originally part of the patrimony of the Norman kings. Area of the whole, 1 12 sq. miles. Population, in 1841, 76,094. These islands have local legislatures, with governors appointed by the crown ; their political constitution being separate from that of the United Kingdom. Jersey, the principal island, situate 13 miles W. of the coast of France, is 12miles in length, and about 7 in breadth. The surface is undulating and fertile, and chiefly laid out in pasturage and orchards ; apples, cider, butter, and cows, forming, with oysters and potatoes, the principal exports to Eng- land, in exchange for coals and manufactures. The trade in other respects is considerable. Nearly Is (8fM>(i tons) are employed in the deep-sea cod-fishery, the produce of which is mostly sent to Brazil ; and the Jersey merchants, besides carrying on an active intercourse with France, import largely wine and brandy from Spain, Portugal, and Sicily, and sugar and coffee from Bra- zil, which they exchange in the N. of Europe for corn, timber, hemp, and tallow. Shoes are ex- tensively made from French leather, and about 13,000 pairs annually sent to British America. Shipbuilding is carried on to a great extent, owing to foreign timber being allowed to be imported free of duty, while, at the same time, the Jersey vessels are entitled to the privileges of British- built shipping ; and the island now possesses about 250 ships (25,000 tons), exclusive of nearly 500 fishing-smacks. The chief town and port is St Helier, from whence steamers communicate with Southampton and Weymouth. Revenue of the island about £15, (MM), and debt £60,000. Ex- change 8 or 9 per cent, in favour of England, or £1 sterling = £l, Is. 8d. Jersey currency nearly. r«y, about 18 miles N.W. of .Jersey, is 9 miles long, and 6 broad. It is not equal to Jer- sey in point of fertility, but its productions are similar. The island possesses about 100 vessels, burden 10,000 tons, which are chiefly employed in the carrying trade with Spain, Portugal, Bra- zil, and N. of Europe. Before the introduction of the bonding system into Britain, it was much used as a depot for wines and other goods; and an extensive illicit trade was carried on, which has now, however, wholly ceased. The only town is St Peter's Port. Alderney, a dependency of Guernsey, is 3J miles long, and | mile broad. It is chieflv celebrated 2E JET 434 JOI for its small breed of cattle. It possesses no good harbour. Sark is another small island depend- ent on Guernsey. All articles of the growth, produce, or manufacture of these islands are admitted into this coun- try on payment of the duties (if any) imposed on similar British commodities ; but their trade is subjected to certain regulations intended to prevent contraband traffic. An account of these will be found under the heads Customs Regulations and Navigation. JET, or pitch coal, a species of coal of a deep black colour, with a brilliant resinous lustre. It is found in detached fragments in the amber mines in Prussia, where it is called black amber ; also in Germany, France, and Spain. It is used as fuel ; but the finer and harder pieces are worked into trinkets. Sometimes also it is used as an ingredient in varnishes and cements. JETTISON or JACTURA, is the throwing overboard any part of a vessel or her contents, for the safety of the remainder, by enabling her to weather a storm or get off a shallow. When such an act takes place, the several persons inter- ested divide the loss among them. [Average.] JOANESE, or JOE, a Portuguese gold coin, worth about 36s. JOCH, a German land-measure, containing 6889 sq. yds. JOINT-ADVENTURE, a shipment made by two or more parties on joint- account. [Partnership.] JOINT STOCK COMPANIES are a species of partnership to which all the laws affecting ordinary private companies apply, except in so far as they are in- compatible with the nature of a public joint stock company. This is the position of the law in general as to joint stock companies, but in practice they are in almost every case materially distinct from private partnerships, by the special privileges re- spectively conceded to them. The leading distinction between joint stock and private companies is this, that, while the latter trade under the name of partners or pre- sumed partners, and in all their transactions present to the public certain individuals as the parties principally liable, the former trade under a descriptive name, on the credit of their stock, and without any individuals appearing as responsible for the engagements. Yet, by the mere creation of a joint stock company and the private agreement of the undertakers, the relief from personal responsibility cannot be ac- complished. Unless where there are some of the special privileges described below, the general law of partnership still holds, so that each member is re- sponsible for the debts of the whole ; though in Scotland it is doubted whether this responsibility may not be obviated by holding out to the public that they are to trust to the capital only, and not to the individuals. The next peculiarity of a joint stock company, and one that is essential to the existence of such a body, is, that the shares are transferable as articles of commerce, without the consent of the partnership. How far this can be accomplished volun- tarily by the members is a doubtful point. Before the repeal of the Bubble Act, by 6 Geo. IV. c. 91, the creating transferable stock without proper authority, was one of the offences against which the act was aimed ; but at the same time, whenever there was any regulation for checking unlimited transferability, such as, that the purchaser of the stock must sign the articles, or must be approved of by the directors, the courts were accustomed to sanction the proceeding ; and it may bo questioned if the transferability of stock can now be in any form suppressed. It is another general characteristic of a joint stock company, that it pursues and defends in the name of some office-bearer chosen for the "purpose ; but this is a facility which it can never possess except through the means by which such bodies acquire special privileges. One of these means may be a charter of incorporation from the crown ; but as this is an expensive and cumbersome arrangement, and gives but limited privileges, it is seldom had recourse to by an ordinary commercial association [Corporation]. Another method is by obtaining what is generally called a " private bill," but more properly a public local act. The preliminaries for obtaining such a measure are detailed under the head Company. Wherever it is in contemplation to compel individuals to part with their property at a just valuation, or to exact the price of the company's services in the form of a tax, an act is necessary. Hence an act must always be obtained for a railway, canal, harbour, gas, or water company. Since the passing of the statute by which the crown is authorized to issue letters patent to companies (abridged below), local acts have ceased to be necessary for mere commercial joint stock companies. Shares in such companies may become the subject of ordinary commerce, and will be held as transferred where there is evidence of a mutual consent and trans- fer, independently of any fixed regulations by the company as to the form of pro- ceeding. The managers of a joint stock company being in the position of trustees, JOU 435 JUN are bound to adhere to the original obiects of the company. In a late case in Scot- land where a company was organized for the purpose of carrying goods and pas- sengers between Leith and Australia, the managers, who were empowered to ex- port and import goods, were found not entitled to take consignments of goods £iaranteeing the price on del credere, or to trade at ports not intermediate between eith and Australia.— (Maxton agt. Brown, 17th January 1839.) Deed of Settlement. — The regulations of a joint stock company are generally em- bodied in the deed of settlement. This instrument "constitutes trustees of the partnership property, directors of the partnership affairs, auditors of its accounts, and such other officers as the objects of the society require, and contains covenants for the performance of their respective duties, which are specifically set out, as are those of the other partners or shareholders ; it also defines the number of shares, the power and method of transferring them, and of calling for the instalments re- quired to be made thereon ; the mode of convening general meetings of proprietors, their rights when convened, and a variety of other rules suited to the exigencies of that particular undertaking."— {Smith's Mercantile L., 58.) Companies under the Patent Act (viz. 7 Wm. IV. & 1 Vict. c. 73).— Letters patent may be granted under the great seal to individuals and their representa- tives, empowering them to sue and be sued through one of two registered officers, and limiting the amount of their individual responsibility to a certain sum per share. The company must be constituted by a deed of partnership, containing its designa- tion, object, and place of business, with the designations of the members, and ap- pointing two officers to sue and be sued. Within three months after the date of the letters patent a return of these particulars, and of the shares (as designated by their numbers) held by each individual, together with the extent of responsibility of each, must be made — in England or Ireland to the Enrolment Office of the Court of Chan- cery, in Scotland to the Register-house ; and when transfers of shares are made a similar notice must be sent within three months. No person is entitled to a share of profits unless he be registered as a member, and every person is held to remain a member, and continues to be responsible as such, until a return of his ceasing to be so is registered. When responsibility is limited to a certain sum per share, no action can be brought against a member for a larger sum than the unpaid balance of his subscription. When application is made to the crown for such letters patent, it is referred to the committee of privy council on trade and plantations ; and before the letters are granted notice must be given by the applicants, in the London Gazette and in some local paper three times, at intervals of a week. [Company. Partnership.] — (Collyer on Partnership, 722-770. Smith, ut supra. Burton's Manual, 399-402.) JOURNAL. [Book-keeping.] JUJUBES, a fruit of the plum kind, produced in the south of Europe, Persia, and other countries. The Asiatic is much darker than the European, which is of a reddish yellow colour. The best are fresh, plump, and well dried. JUMPER BERRIES (Du. Geneverbessen. It. Cocole di Ginepro. Ger. Wacholder-beeren. Fr. Bates de Genievre), the well-known fruit of the Juniperus communis, an evergreen shrub, growing on heaths and hilly grounds in all parts of Europe. They are to be chosen fresh, plump, and of a strong taste. These berries have stimulating and diuretic properties, and are an article of the materia medica, but are chiefly used in distilleries in this country and Holland for flavouring gin or geneva. Though indigenous in Britain, large quantities are imported from the Continent, particularly from Italy and Holland. JUNK, or tchevu, a vessel of a grotesque form, used in the coasting and foreign trade of China, Siam, and Annam. The junks vary greatly in size ; some exceeding 1000 tons. The best are made at Bankok, in Siam. The immutable policy of the Chinese government appears to have early fixed the form of the junks, and now prohibits any change, under penalty of paying the high duties exacted from foreign ships. They are -very much raised at both ends ; the fore part is an even surface like the stern, and there is no keel. The masts (of a single spar each) are from two to four in number, and of very unequal dimensions ; the mainmast being greatly larger than any of the rest ; and on each ere is commonly a single square sail, made of split bamboos, and stretched by poles; in some cases it furls and unfurls like a fan. Pumps are not made use of; the cables and rigging are of rattan or coir, and the anchors of ironwood, having the flukes occasionally tipped with iron. The hold is broad, thousrh not deep, and the bottom almost completely flat. There is only one deck, but the hold is divided into about a dozen compartments, each belonging to a distinct proprietor, and separated from the others by planks, caulked with a cement consisting of lime and oil mixed with a few scrapings of bamboo. This arrangement, though it must diminish the stow- age, has the advantage of preventing water from damaging the cargo in general, and even from endangering the safety of the vessel. The junks seem to have been first contrived with the view of plying in bays and rivers, for which thev are well adapted. But when steered into the ocean, they do not take sufficient hold of the water to withstand those dreadful tempests which render the JUR 436 KNO seas of China perhaps the most perilous in the globe. The voyages, however, being always under- taken during a favourable monsoon, the Chinese set the head of their junk towards the quarter they are bound to, and blunder on with much less damage than might be expected. JUREMA BARK, an astringent substance, the product of the acacia jurema, a native of Brazil. JUTE, a kind of hemp, consists of the fibres of an annual plant (Corchorus olitorius) extensively cultivated in Bengal. It is used for cordage in India, and is now imported in considerable quantities into this country. The gunny bags in which sugar is brought from India are composed of this material. S K. KEEL, a flat-bottomed vessel used on the Tyne to carry coals. It contains, on an average, 8 Newcastle chaldrons = 15£ London chaldrons = 21 tons 4 cwt. KEG, a wooden vessel or barrel containing 4 or 5 gallons. KELP, an alkaline substance formerly prepared in large quantities on the N. shores of Scotland, by burning seaweed. [Barilla.] The kelp trade existed about two centuries ; but it was not till the year 1807, when the attention of the English manufacturers was drawn to it, that it became of importance. The cost of carting and burning the material, and lading it in boats, varied from 30s. to £3 a-ton in different places. The whole expenditure, before the kelp reached the consumer, averaged £4, and the prices obtained were generally £18, and sometimes even £22. These high rates only lasted till 1810, when the price gradually fell to £11, and subsequently to £8. Kelp ceased to be made at a profit when the duty was removed from salt in 1817. The number of hands employed has been variously estimated at from 50,000 to 100,000 ; but the occupation lasted only during a few weeks in summer ; and having earned enough for subsistence, the peasant could remain idle during the rest of the vear. The Highland estates became in this way burdened with a great surplus popula- tion, whose removal by emigration has been since pressed with much force upon the government. — (Par. Report on Highland Emigration : 1841.) KENTLEDGE, pigs of iron used for ballast- KERMES, or Coccus ilicis, an insect found in large quantities on a small species of oak in many parts of Asia and the south of Europe, particularly Spain. It contains a red colouring principle ; and, until the discovery of the cochineal insect, was the only substance used in dyeing scarlet from the period when the shell-fish producing the Tyrian purple of the Romans ceased to be employed. It is still used in Barbary and the Levant for dyeing the scarlet caps so much worn in those countries. In Europe it is almost entirely superseded by cochineal. The same term is likewise applied to a factitious sulphuret of antimony, com- monly met with in the form of a brown-red powder. KERSEYMERE, a thin stuff generally woven plain from the finest wools, and made chiefly in the west of England. Kersey is a very coarse stuff, usually ribbed, and woven from long wool. It is chiefly manufactured in the north of England. KILLOW, a Turkish corn-measure, varying in different places. [Turkey.] KILOGRAMME, a French weight, equal 2} lbs. avoird. nearly. KILOMETRE, a French itinerary measure, equal 1093f yards, or about 5 furlongs. KINGWOOD, a fancy wood, the product of a small tree found in Brazil, the botanical name of which is unknown. It is extremely hard, of a dark choco- late colour, with black veins. It is chiefly employed for small cabinet-work. KINO, an astringent gummy substance, of which there are several kinds. Much uncertainty exists regarding the origin of this commodity. East Indian kino is said to be the produce of the Butea frondosa (Roxb.), a tree or shrub common in that part of Asia ; African kino is generally stated to be derived from the Pterocarpus erinaceus (Linn.), a native of Gambia ; the Australian variety is procured from the Eucalyptus resinefera (White); and the American is said to be the juice of the Coccoloba uvifera of the West Indies. Kino generally occurs in shining grains, of a rich ruby-red colour, readily pulverizable, and nearly all soluble in water and in alcohol. In India it is used for communicating a nankeen colour to cotton. It is also an article of the materia medica. KIRSCHWASSER, an alcoholic liquor, made in Germany from Cherries. KISSMISSES, the small kind of grape from which Shiraz wine is obtained. It is produced in Persia, from whence considerable quantities are sent to India when dried into raisins. Their price is regularly quoted in the Indian prices current. KNIVES (Du. Messen. Fr. Couteaux. Ger. Messer. It. Coltelli. Por. Facas. Rus. Noshi. Sp. Cuchillos). [Iron Manufactures.] KNOT, in navigation, the division of the Log-Line, corresponding to one mile. KOR 437 LAC * KORSEC, a Polish corn-measure, equal, at Warsaw, to 3. 1 , Imp. bushels. KREOSOTE, or CREOSOTE, a peculiar liquid of recent discovery, which is obtained by a complicated process from wood-tar. When pure, it is colourless and transparent, ot a burning caustic taste, and a strong penetrating odour, re- sembling that of smoked meat. Sp. gr. T037. It burns with a very sooty flame. Kreosote possesses powerful antiseptic properties. Meat and fish are preserved after having been brushed over with it and dried in the sun ; and it appears to be the principle to which the antiseptic powers of wood-smoke and pyroligneous acid are due. Its action upon the animal system is energetic. In medicine it is em- ployed externally for toothach, cancer, &c. ; and internally as a stimulant. KREUTZER, a German coin, worth about one-third of a penny. L. LABDANUM,a resinous substance, obtained from a small shrub (Cistus Creticm\ which grows in Crete and Syria. It is used in the preparation of plasters. The best is in dark- coloured masses, of a soft consistence, becoming still softer on being handled. It is greatly adulterated by the addition of black sand. LABURNUM, a well-known tree (L. Cytisus) which, when of sufficient dimen- sions, is well adapted for cabinet-work. It possesses an oily property, which fits it for pins of blocks, and cogs in mill -work, as its unctuous nature prevents 'it from being abraded ; indeed, wherever any very hard and compact timber is required in small pieces, there are few superior to it. Its natural colour, too, is good ; and it may be rendered almost black by the application of lime-water. LAC, in Hindoo numeration, denotes 100,000. A lac of rupees is, therefore, nearly £10,000 sterling. LAC (Arab. Laak. Du. Gomlac. Fr. Lacque. Ger. Lack. Hind. Lak'h. It. Lacca. Por. Laca em pdos), a resinous or waxy substance, deposited by an insect (Chermes lacca) on various kinds of trees in the East as a defence for its eggs, and to supply food for the maggot in a more advanced state. It is known under the names of stick-lac, seed-lac, lump or cake lac, and shell-lac. Stick-lac is the substance in its natural state before its separation from the twigs which it incrusts, being gathered before the insects have left their cells ; and the best is of a red purplish colour. According to Mr Milburn, it may be had in almost any quantity ; the only trouble in procuring it being to break the branches and carry them to market. Seed-lac is the stick-lac separated from the twigs, appearing in a granu- lated form, and deprived of part of its colouring matter by boiling : this is seldom imported, it being almost all manufactured into shell-lac in India. Lump-lac is the seed-lac melted and formed into cakes. Shell-lac, the most common form in which it is known in Europe, is the substance liquefied, strained, and formed into thin transparent laminae. The value is estimated according to its transparency and lightness of colour. The best is of a bright orange ; the liver-coloured is inferior ; and that which is very thick, dark, or speckled, should be avoided. The quality of shell -lac has of late years been greatly improved ; and the quantity imported is much increased. In the East it is used for making trinkets. In this country it is the basis of the best sealing-wax, and is also used to form ink and var- nishes. It is now likewise employed extensively in hatmaking. Lac is an article of commerce in Bengal, Siam, Annam, Ceylon, Pegu ; and, ac- cording to Mr Crawfurd, the insect exists in most of the forests of the Indian Islands. About 3,000,000 lbs. of shell-lac are annually imported, wholly from Bengal,— nearly one-half of which, however, is re-exported to Italy, Belgium, Russia, Ger- many, and other parts of the Continent. S LAC-DYE, LAC-LAKE, are two preparations of the colouring matter of stick- lac : the former is by far the most valuable. They are imported in small square cakes, similar to those of indigo. They should, when broken, look dark-coloured, shining, smooth, and compact ; and when scraped or powdered, of a bright red hue. They are used as red dyes for some purposes, instead of cochineal. Lac- dye is a valuable dye-stuff, but it still admits of considerable improvement. Upwards of 1,000,000 lbs. are annually imported, only from Bengal, — nearly one-half of which is again exported to Italv, Germany, and other parts of the Continent. LACE and BOBBIN-NET MA NUFACTURES. The origin and early history of the lace-manufacture are involved in obscurity. It is supposed to have been known to the ancients, and to have been introduced into this country, or at least LAC 438 LAC materially improved, by Flemish refugees who settled in the counties of Bucking- ham and Bedford. The original fabric, and that which is still in highest esteem, is called pillow lace, — being worked by the hand upon a pillow or cushion, stuck, according to the pattern, with pins, around which linen or silken threads are twisted and woven off a series of bobbins, or small cylindrical pieces of wood. The manufacture of this kind of lace is carried on in several of the midland counties, in the west of England, and at Honiton in Devonshire, where the finest British lace is made. On the Continent its chief seats are Brussels and Mechlin in Bel- gium,— places which have long maintained a pre-eminence in this manufacture ; and Valenciennes, Alencon, Caen, and Bayeux in the north of France. But lace- making by the hand has now greatly declined, owing to the extreme cheapness of that made by machines, called bobbin-net, — the manufacture of which has of late years risen into high importance both in this country and in France. The bobbin-net trade is a branch of the cotton manufacture ; the net being almost invariably formed of that material. It originated in successive improve- ments and alterations on the stocking-frame, by which it was adapted to the weav- ing of lace ; though it is deserving of notice that it could have had no existence but for Samuel Crompton's invention, the mule [Cotton Manufacture] which spins yarn suitable for that delicate fabric. The application of the stocking-frame to lacemaking was first attempted by a frame-work knitter of Nottingham, named Hammond, about 1768 ; but it was not rendered completely successful till after improvements by John Heathcoat,* also of Nottingham, for which a patent was secured in 1809. His improvements were of so important a character as to en- title him to be justly considered the inventor of the lace-frame, and the father of the bobbin-net manufacture. The lace-frame was simplified in various ways during the continuance of the patent ; and, on its expiry in 1823, so much ingen- uity was brought to bear upon this machine, that its speed was increased twelve- fold, and it was fitted to be propelled by steam and water power. Means were besides discovered for making the net into slips of various widths, — some as wide as 4 yards, — instead of only one broad piece, as at first ; and likewise to work various ornaments into it by the aid of machinery, which, in point of complex ingenuity, far surpasses that used in any other branch of human industry. " One of Fisher's spotting-frames," according to Dr Ure, " is as much beyond the most curious chronometer in multiplicity of mechanical device, as that is beyond a common roasting-jack." The combined effect of these improvements is, that fabrics, for which £5 were paid during the existence of Mr Heathcoat's patent, may now be purchased for 2s. 6d. The growth of the bobbin-net trade after 1823 was as rapid as that of the cotton manufacture after the nullification of Arkwright's patent. But a vast amount of capital was sunk during the development of the improvements on Mr Heath- coat's frame : — out of 5000 machines, the 3500 first constructed at a cost of £2,000,000, were, in the course of a few years, by this cause alone, depreciated to one-tenth of their value, — to say nothing of the number of frames destroyed during the Luddite crusade against machinery in the years 1811-12. Much distress was also occasioned in the same period, by the decline of profits and wages, consequent on the excessive amount of capital and labour which flowed into the trade. The great seat of the bobbin-net trade in this country is Nottingham ; but it is also extensively prosecuted at Leicester, Derby, Tiverton, and the west of England. We possess no authoritative estimate of its amount more recent than 1836. In that year the cotton yarn (mostly Nos. 180, 190, and 200) used in it required 1,850,000 lbs. of Sea-island wool, worth £185,000 ; and silk was consumed of the value of £25,000 ; making the total worth of the raw material £210,000. The gross return amounted to £2,212,000 ; consisting of plain net, £660,000 ; quillings, £492,000 ; and embroidered goods, £1,060,000. The sales for home consumption were in plain nets, about £320,000 ; quillings, £210,000 ; embroidered goods, £580,000 ; total, £1,110,000. The foreign trade took off about £340,000 plain nets ; £282,000 quillings ; and £480,000 figured goods ; total, £1,102,000. The progress of our foreign trade since 1836 cannot be stated with precision, as bobbin-net does * Mr Heathcoat removed to Tiverton soon after he had obtained his patent, owing to the riotous attacks made on his lace-frames at Nottingham, — that town having become, through the ignorance of the workmen, the head-quarters of an extensive conspiracy against machinery, known by the name of Luddism, in the counties of York, Lancaster, Nottingham, Derby, and Chester; and which was only put down after many men had atoned by their lives for their acts of outrage. Mr "Heathcoat began life in humble circumstances, and made his fortune by his happy invention ; and, being at once a man of talent and of business, he now fills the honourable station of member of parliament for Tiverton. LAC 439 LAN not appear under a separate head in the government returns ; but its amount is not supposed to have increased. The exports are chiefly made to the United States, Germany, Belgium, France, the British Colonies, and South America. S The following are the principal kinds of lace usually met with in trade : — British Lack. — Nine sorts may be distinguished :— 1st, Quilling Nets ; these differ in width from a small fraction of an inch up to k yard ; which several widths are also sometimes denoted by the number of meshes from selvage to selvage. The criteria of good quality are — perfect freedom "from any fibrous appearance on the substance of the net ; clearness and distinctness in the meshes ; ab- sence of knots and rags from the selvages, and of any unpleasant stiffness from the face generally. 2d, Bobbin or Piece Nets, to which the same observations apply, may be had of various widths, from | to | yard. 3d and \th, Tattings and Pearls only differ from the preceding in width ; tatt- ings vary in width from a quarter to the sixteenth of an inch ; pearls are still narrower : both are used for the edging of nets. 5th, Oased Lace, or Urling's Lace, is a quilling net figured,— having a threadlike appearance communicated to it by being passed rapidly through gas-flame, by which the fibrous parts are destroyed, without injury to the net : it is merely a showy, low-priced sub- stitute for — fith, Pillow or thread Lace, the only legitimate lace, and, taking durability into ac- count, perhaps the cheapest: it occurs either white or black. 7th, Silk Net is either in quillings or in piece,— the latter, when tolerably undressed, being sometimes called tulle: in each the meshes ought to be free from gum (with which it is stiffened), the selvages free from rags, and the face from knots and other imperfections. 8th, Blondes occur either black or white; these again are either real, the best of which are imported from France, or in imitation : each kind may be had of any width below i yard for trimmings, and of greater sizes for full-dress garments. 9th, Veils should be perfectly free from stiffness ; and, if figured, the objects should be neatly finished ; the net fine ; and, when intended to be black, not of a blueish tinge. In selecting lace, nets, or veils, the more rapid the observation the better, for, the longer the eye is engaged on the meshes, the less capable it is of accurate discrimination. — Perkins on Haberdashery, p. 121. Foreign Lace. — The most valuable is Brussels, the peculiar qualities of which are delicate fine- ness, and a great elegance and variety of design. It is made of flax grown near Hal and at Rebecque ; and the spinning is performed in darkened rooms, with a beam of light admitted only upon the work through a small aperture. The be?t specimens are produced by the houses of MM. Tardent- Pirlet, and Ducpetiaux of Brussels. The second in rank is Mechlin,- but several other kinds are likewise distinguished for great richness and elegance. Lace is imported from France in considerable quantities, but, owing to the heavy duty, almost wholly in an illicit manner, the charge for which is stated to be only from 5 to 10 per cent. Much of this smuggled lace, however, is merely British lace with French embroidery. LADING, BILL OF. [Bill of Lading.] LAMP-BLACK, a substance obtained by burning the impurities left in the pre- cipitation of tar and pitch, and collecting the particles carried off and deposited in the form of soot. The finest kind is procured by collecting the smoke from a lamp which supplies more oil than can be perfectly consumed. Its quality depends on its lightness and fulness of colour. It is used in the arts, particularly in the manufacture of printers' ink. LAMPREY, a cartilaginous fish (Petromyzon marinns) resembling an eel, common during spring and summer in some of the rivers on the south coast of England, particularly the Severn, which it ascends from the sea for the purpose of depositing its spawn. It is found in smaller numbers in several of the Irish and Scottish streams. The potted lampreys of Worcester are in high estimation. LANCEWOOD, the timber of a tree (Guatteria virqata) indigenous to Jamaica, and which, though not of very great size, is highly valued from its exceeding even ash in lightness, strength, and elasticity; hence, it is admirably calculated for shafts to carriages, handles to spears, and similar purposes. It is neither so close-grained nor so hard as box, but it turns well ; in colour it is lighter than box. LAND-TAX or CESS, a British impost on rent, which became a permanent source of revenue in the end of the 17th century, superseding the occasional sub- sidies of the feudal government. It proceeded on valuations of the rental of the kingdom, made in Scotland in 1674, and in England in 1692 ; on which last a tax of Is. a-pound was calculated to yield a clear annual revenue of £500,000. These valuations have ever since furnished the canons of assessment. The tax was granted by parliament from year to year, at various rates, until 1798, when it was fixed permanently at 4s. a-pound (38 Geo. III. c. 5, and c. 60). The object of rendering the tax perpetual was to facilitate the raising of money by its redemption or pur- chase by the proprietor of the land ; and various provisions were made for this purpose, which, however, have been since modified, particularly in 1811 and 1812, when the management was transferred from special commissioners to those for the affairs of taxes. The assessment is levied under the authority of local commis- sioners ; but by a late act (1 & 2 Vict. c. 58) the powers relating to its redemption are transferred to the Treasury. We possess no very recent account of the amount redeemed : but a report made by the commissioners in May 1828 states, that down to that time the number of sales effected had been 3593, the value thereof being £1,438,513 ; and the total amount of tax redeemed thereby could not be fairly estimated at less than £63,100 LAN 440 LEA per annum. The sum remitted to the Exchequer in the year 1840 was, in Eng- land, £1,145,082 ; in Scotland, £36,201 ; total, £1,181,283. In the last-mentioned country the tax was limited by the Act of Union in 1707 to £48,000 (deducting all expenses); and in 1798 it was fixed at £47,954, Is. 2d. L ANDW AITER, a custom-house officer, whose duty it is to take an account of goods imported. LAPIS LAZULI. [Azure Stone.] LARCH. [Pine.] LARD, the fat of the omentum and mesentery of the pig. When properly freed from membranes and blood by being picked, kneaded in water, melted and strained through linen, it should be white, pultaceous, in thin layers, somewhat tough, without smell, of a sweetish taste, and melting at 100° Fahr. It is to be kept in a cool dry situation, in vessels with a cover, luted on with linen, smeared with white of egg and powdered lime ; but notwithstanding every precaution it at length becomes rancid. Lard is employed in the formation of ointments, plasters, liniments, and for other medical purposes. It forms an article of export from Waterford, Limerick, and other places. S LAST, a metrical term, of German origin, used to express a load, burden, or quantity of certain articles, commonly of a bulky nature. In this country the last of corn is 10 quarters or 29*078 French hectolitres ; on the Continent, however, it is generally rated higher. The last of herrings, tar, pitch, potash, cod-fish, meal, soap, and other articles, is commonly reckoned at 12 barrels (12 Ch. 1 1., 38 Geo. III., &c.) ; but the last of gunpowder is 24 barrels or 2400 lbs. The Prussian ship-last is 4000 Prussian lbs. = 4124 lbs. avoird. At Dantzic the last of timber is 80 cubic feet. LASTING, a woollen stuff used in making women's shoes. LATHS (Ger. Latten), long thin pieces of wood nailed to the rafters of a wall or roof to receive the plaster. LATTEN, a plate or sheet of iron, tinned over. LAUDANUM, a soporific tincture made from Opium. LAVENDER, a plant {Lavandula spica) yielding the well-known oil and dis- tilled waters which bear its name. Both of these are obtained in greatest propor- tion from the flower-spikes which have been gathered in dry weather before they are fully expanded. Lavender is extensively cultivated near London, particularly at Park Place, near Henley-on-Thames. The English oil is preferable to that imported from the Continent. LAWN, a fine sort of cambric. It is made in Scotland and Ireland, but the best is imported from France. LAY-DAYS, a certain number of days during which a merchant is entitled to delay a vessel in loading and unloading. [Affreightment. Demurrage.] LAZARETTO, a name given to those enclosed buildings, common in the Med- iterranean ports, in which ships' crews, passengers, and goods arriving from places where the plague is known to prevail, are lodged for the performance of Quaran- tine. LEAD (Fr. Plomb. Ger. Blei. It. Piombo. Du. Lood. Por. Chumbo. Rus. Swinetz. Sp. Plomo), a soft and flexible metal, of a pale livid gray colour, easily malleable, but slightly tenacious and not sonorous. Sp. gr. 11*35. It melts at 612° Fahr., — a much lower heat than affects most other metals. Exposed in the open air, it soon tarnishes ; but the oxidisement never proceeds far. Water when pure does not act upon it, though it greatly facilitates the influence of the external air. The lead mines of Britain are of great importance ; and those of Derbyshire are said to have been wrought prior to the Roman invasion. The most productive at present are situated in Northumberland, Cumberland, Durham, Derbyshire, Flintshire, Snafield in Man, and at Leadhills in Scotland. The metal is rare in Ireland. Nearly all the produce of the British mines is obtained from the sulphuret called galena, in which lead is in combination with sulphur in the pro- portion of 86 parts of metal to 14 of sulphur. The ore, after having been washed and picked, is roasted in order to disengage the sulphur ; then mixed with fuel, it is placed in the smelting furnace. When tapped from this it runs down a straight channel technically called the sow, from which branch off on each side somo smaller channels named pigs ; in these it cools, and from them receives the appel- lation of pig lead. Lead is of common and extensive use in the arts. Alloyed with tin, in different proportions, it forms solder and pewter ; and with antimony it constitutes type metal. Combined with oxygen it forms massicot, a protoxide of a pale yellow colour : litharge, also a semi-crystalline protoxide, obtained in separating silver from lead LEA 441 LEA ores, enters largely into the composition of flint-glass ; minium, or red lead, a deutoxide, extensively used as a paint, and also in the manufacture of flint- the carbonate of lead, or white lead, is a dense white powder, commonly employed as a pigment ; the chromate of lead, of a beautiful yellow colour, is also much used as a pigment ; and the acetate of lead, called sugar of lead, is employed for various purposes. i be pure metal is used for numerous machines and utensils ; but its chief employ- ment is in the form of sheets, pipes, and shot. Sheet-lead is melted and cast ; the thickness of the sheets being frequently reduced by means of heavy rollers worked by steam-power. The sheet is of different thicknesses, but always weighs 9 cwt., so that its length and breadth will be greater in proportion to the diminution of its thickness. In trade, the sheets are described as being of so many pounds weight to the superficial square foot. Lead pipes are sometimes made in a rough way by bending sheet-lead over a mandrel, and soldering the edges together ; but more commonly by casting the pipe in an iron cylinder, having a concentric iron rod or core, and afterwards drawing the pipe through a succession of holes in steel plates, diminishing gradually in diameter, whereby the pipe is lengthened, while its sub- stance is reduced ; and the machinery employed for this process is now so perfect, that a faulty pipe is rarely met with. Lead shot is prepared by pouring molten lead, in a peculiar manner, through a colander, or perforated plate, placed on the top of a high tower, from whence the globules descend into a tub of water on the floor : the shot thus made is of various sizes, but it is afterwards sorted by means of a series of sieves, having meshes of different degrees of fineness. * The quantity of lead produced in this country is so considerable, that there is a regular surplus for exportation. Mr Brande estimates the smelted lead annually afforded by the British mines at 48,000 tons, which, at £19,10s. a-ton, the present price of pig-lead, would make the produce worth £936,000. Little dependence, however, can be placed upon the accuracy of such estimates, as the individuals by whom some of the most productive of our mines are worked, studiously conceal the amount of metal which they raise. Nor is much light thrown upon the subject by the custom-house records, as the extent of our exports is, in a great degree, governed by the comparative productiveness of foreign mines, and particularly by those of Adra, in the province of Granada in Spain, the working of which is liable to considerable fluctuation. In ordinary years, the produce of the latter may be stated at 20,000 tons, two-thirds of which are sent to France, while from 1500 to 9000 tons are brought to this country, from whence again, however, it is almost wholly re exported. The ordinary exports of British lead amount annually to about 15,000 tons, four-fifths of which consist of pig and rolled lead and shot, the remainder being white and red lead and litharge : it is chiefly sent to India, the colonies, Russia, Germany, Holland, and Brazil. There are many lead mines in Saxony, Bohemia, Silesia, and other parts of German v ; they are also worked, though not on a great scale, in the United States, principally in 5lissouri. S The fodder of lead at London and Hull is 19J cwt. ; at Newcastle, 21 cwt. ; at Chester, 20 cwt.; at Stockton, 22 cwt. ; at Derby, 22i cwt. The cwt. of lead at Hull and Chester is 120 lbs. The load of lead ore of 9 dishes = 3 cwt. nearly. LEAD, BLACK. [Plumbago.] LEAGUE, an itinerary measure, reckoned in this country at 3 geographical or nautical miles, or the twentieth part of a degree of latitude, which is very nearly equivalent to 6076 yards, 3^ statute miles, or 5*555 French kilometres.^ The same measure is generally used by foreign nations for nautical purposes. A variety of other leagues are used on the Continent, particularly in France, where they are the cause of much confusion. An account of the leagues used in foreign states will be found under the heads of those states respectively. LEAKAGE, an allowance made for waste or loss of liquors. LEASE. [Interest, Compound, and Annuities.] LEATHER (Fr. Cuir. Ger. Leder) consists of the dressed skins of animals. For converting skins into leather, different processes are followed, according to their nature and the kind of article required ; as tanning, or causing them, after being freed from impurities, to unite with astringent vegetable matter, by which they are rendered no longer liable to undergo putrefaction, insoluble in water, and in a great measure impervious to it ; tawing or soaking them in alum and other salts, with some animal substance ; and currying or besmearing them with oil to render the leather soft and completely impervious to water. These processes are often performed on the same skin, by which the leather is fitted for different purposes. Iho LED 442 LEE thick hides, of which the soles of shoes are made, are merely tanned, while the thin ones used for glove leather and morocco, are tawed, except when intended to be dyed, when they also receive a slight tanning in an infusion of sumach. That for the upper leather of boots and shoes is both tanned and curried, and fine Turkey leather is first tawed and afterwards tanned. The leather manufacture in this country is one of very great importance, but we have not at present any means of ascertaining its amount, the excise-duty formerly levied having been repealed in the year 1830. As at that time, however, the quantity of unwrought leather produced in England and Scotland was nearly 60,000,000 lbs., we may estimate the present annual production of the United King- dom at from 80,000,000 to 85,000,000 lbs., and its value at about £5,500,000. The aggregate value of the leather goods is estimated by some at three times, and by others at four times that of the raw material, making the amount of the manufacture, on the former supposition, £16,500,000, on the latter, £22,000,000. The total num- ber of persons employed in all the branches, including tanners, curriers, shoe- makers, glovers, saddlers, &c, is computed at from 250,000 to 300,000. The exports, though not considerable, are rather on the increase ; the quantity, wrought and unwrought, annually shipped, amounts to nearly 2,500,000 lbs., of the declared value of £380,000, besides saddlery and harness to the value of £90,000. These exports are almost wholly to the colonies, especially India, the West Indies, and the United States. In 1821, the revenue derived from the duty of 3d. a-pound, which then existed on leather, amounted to £600,282. In 1822, the rate was reduced one-half ; but, owing to the greater stimulus given to consumption by this reduction, the revenue suffered only to the extent of one-fourth, — the lower duty having produced on an average of the seven following years, which elapsed before it was entirely repealed, no less than £407,814. The reasons assigned for the abolition of this lignt and productive duty were, that it was unequal in its operation, falling with dispro- portionate pressure upon the humbler classes, and that the excise regulations, under which the manufacture was placed, formed an obstacle to the improvement of the quality. S LEDGER, in book-keeping, the principal record of a merchant's transactions. It is arranged so as to distinguish the debt or property belonging to each individual or account respectively. According to Dr Kelly, " the name of this book, in the Italian and other southern languages of Europe, signifies the master-book; in French and Dutch, the great book; and in German and other northern languages, the head book. The derivations given of ledger in our principal dic- tionaries are fanciful and contradictory. According to Bailey, it comes from the Latin verb legere, to gather ; and Dr Johnson says it is derived from the Dutch verb legger (a typographical error for leggen), to lie or remain in a place. The word is perhaps derived from the liege)' books, kept in feudal times for the purpose of recording the rents, services, and duties of tenants, who were called liegemen." — (Book-keeping: Introd. p. vii.) LEECH (Fr. Sangsue. Ger. Blutiget), a fat, slimy, annulose, parasitic worm (San- guisuga, Savigny), generally inhabiting stagnant waters, celebrated for its medical use in cases requiring local blood-letting. Two species have been chiefly employed for this purpose : The German or gray leech (S. medicinalis), a native of the N. of Europe, having a deep green body, marked with six longitudinal iron-coloured bands, pretty clear, and spotted with black points ; its belly greenish, spotted, and bordered with black ; and the segments of the body rough from granular eminences : The Hungarian or green leech (S. officinalis), found in the S. of Europe, having a large green, or light blackish green body, the back being marked with six iron- coloured bands, spotted at their middle portion and edge ; the belly, yellowish green, without spots, but broadly bordered with black ; and the segments of the body very smooth: of this kind there are three varieties. One German leech is deemed equivalent to two Hungarian leeches. These animals attain maturity in from 5 to 8 years, and may live twenty. They are generally caught by the hand, or by a person wading in the shallow waters during spring, when they adhere to his naked legs : in sum- mer, when they retire to deeper waters, they are usually entangled by means of a raft constructed of twigs and rushes. As leeches are now scarce in Western Europe, nearly all our supplies come from Hamburg dealers, who procure them from the Ukraine. " Having exhausted all the lakes of Silesia, Bohemia, and other more frequented parts of Europe, the buyers are now rolling gradually and implacably eastward, carrying death and desolation among the leeches in their course— sweeping all before them, till now they have got as far as Poltava, the pools and swamps about which are yielding them great captures" {Bremner's Russia, vol. ii. p. 408 ; 1839). They are sometimes LEG 443 LET imported in bags, but more usually in small barrels, each holding about 2000, the head being made of stout canvass to admit the air. Many sicken and die on the journey from the place of capture, especially during warm weather. Mr Pereira, in Ins Materia Medica, states that the best vessels for preserving these animals are unglazed brown pans or wooden tubs ; the leaden glazing being supposed inju- rious. These pans snould be very little more than half-filled with soft water. In very hot weather, when the water becomes discoloured, it should be changed every day ; otherwise, in summer every four or five days, and in winter once a-month is believed by large dealers to be sufficient. The consumption of leeches is enor- mous. Some" years ago it was stated that four principal dealers in London im- ported, on an average, no fewer than 600,000 monthly. LEGHORN. [Tuscany.] LEMONS {Yr.Limons. Ger. Limonem. It Limoni. Yor.Limoes. Sp. Limones), the fruit of a tree of the citron or orange family {Citrus limonum), a native of Eastern Asia, from whence it has spread to Greece, Italy, and other parts of the S. of Europe. The fruit is oblong in shape, and its juice is analogous to that of the orange, from which it only differs in containing more citric acid and less sugar. The quantity of the former is very great (Citric acid), and, being an approved specific in the prevention and cure of scurvy, a powerful and agreeable antiseptic, as well as an ingredient in punch and many pleasant refrigerant drinks, it forms, in an expressed state, an important article of trade, especially in Italy : being liable to ferment, it is, when exported in this condition, secured in bottles, and covered with a thin stratum of oil. The rind is a bitter aromatic, and is frequently employed in stomachic tinctures, and for preserves and liqueurs ; it also yields an essential oil, which is much used in perfumery. For these purposes, lemons are largely con- sumed in this country ; the best are brought from Spain, but they are likewise imported from other places, particularly Portugal and the Azores. LETTER OF ATTORNEY, or POWER OF ATTORNEY, is simply a deed authorizing some person to act for the granter in any matter which he has the right of either transacting himself or delegating to another. It applies as well to real as to personal property, but in its former capacity (in which, in Scotland, it is called a procuratory) it is connected with a complicated system foreign to the pre- sent work. The powers usually conveyed by the ordinary letter are to collect debts, transfer stock, sell commodities, invest money, receive dividends, or similar purposes. A pure letter of attorney to serve the objects for which such a document is intended is revocable, but when it is used as a transfer or assignment, and does not merely authorize the attorney to act for the granter, but puts him in his place (e. g. where a party gets authority to collect accounts, as a consideration for money advanced), the authority is irrevocable. A person holding a letter of attorney represents his principal solely through that authority, and both he and third parties are limited to its terms, and responsible when they are exceeded. There is thus no room for those disputes regarding the powers implied in the nature of the con- tract, which occur in the case of principal and agent. The power, however, may be either special as to particular transactions, or general as to all a party's pro- prietory affairs ; and it may or may not include a factorship or agency, the terms of which must be interpreted according to the rules applicable to those branches. [Factor. Principal and Agent.] A person acting under power of attorney must do so in the name of his principal, and not in his own. A letter, unless it contain an assignment, falls on the death of the principal. If not so terminated or revoked, the power exists till its purpose is fulfilled, and if clearly expressed, •will authorize the subsidiary procedure necessary to bring about the main end ; thus a letter to sue for, receive, and recover a debt authorizes the attorney to arrest the debtor. — (Comyns' Digest: Attorney, c. Paley on Principal and Agent, p. 180-192.) LETTER OF CREDIT, a letter from one mercantile correspondent to another, requesting him to advance money to a certain amount to the bearer, or a third party named. The letter should also describe the manner in which the money is to be reimbursed, and the nature of the voucher to be taken for it. The granting of such a letter is generally announced in course of post to the correspondent ; a duplicate of it being sent at same time, and the signature of the party in whose favour the credit is established, or a description of him, in case the document should fall into improper hands. LETTERS OF MARQUE, in their original acceptation, mean a warrant by a sovereign, authorizing a subject who has received injury from any inhabitants of another state to make reprisals on that state. In this acceptation, the issuing LET 444 LIE letters of marque does not necessarily accompany a declaration of war ; indeed it would appear to be a measure of retaliation, to be resorted to when the aggression on the other side is not sufficiently extensive or public to call for national hostilities. Thus, the 4 Hen. V. c. 7, provides for the granting of letters to those who are aggrieved by foreigners during time of truce. This species of warrant has, how- ever, been lon^ in disuse ; and letters of marque have of late been granted in con- formity with the provisions of acts for manning the navy, and are virtually com- missions to privateers. They have two advantages, Is/, They authorize private ve?sels to fight with enemies without becoming liable to a charge of piracy; and, 2dly, They preserve to the owners, officers, and crews, the prizes made by privateers, which would otherwise fall to the crown. For the conditions under which letters of marque have thus been in use to be granted, see 45 Geo. III. c. 72, § 9-15. LETTUCE, a well-known succulent vegetable (Lactuca sativa), used as a salad. After its flower-stem shoots, it abounds with a milky juice, possessing soporific powers, and which, in the strong-scented wild lettuce (L. virosa), is so abundant that it has been used as a substitute for laudanum and opium. LEVANTINE, a stout, close-made, twilled, silken fabric, now little used. LIABILITIES, a term applied in a comprehensive sense to all the pecuniary obligations of an individual or company. LIBRA, the Latin, Spanish, and Italian name for a pound in weight ; also a Spanish money of account, varying in different provinces. LICENSE, an official grant of permission. Licenses are required in this country for prosecuting various trades and professions, as pawnbroking, appraising, officiating as auctioneer, banking, dealing in plate, distilling spirits, beer-brewing, malting, dealing in wine, spirits, beer, cider, coffee, and tobacco, and for the making of glass, soap, and other commodities, an account of which will be found under their appropriate heads. These licenses are issued by the Boards of Excise and Stamps. Licenses are also required for certain kinds of vessels, luggers, and boats, under the act for the prevention of Smuggling. LIEN or RETENTION is a right which the law gives to individuals in certain situations, to retain property of another which may be in their custody, until cer- tain claims of the custodier against the proprietor be satisfied. To constitute lien, the possession must have been legally obtained for the purpose out of which the claim of lien arises, and must not be the result of force, fraud, or accident. The possession must be actual, either through the creditor or one of his agents. Liens are of two kinds, special and general. The former is the simple retention of the property, which has been the subject of some contract, implying payment on the one side and delivery on the other, — the delivery being delayed until the payment is made. Persons bestowing labour or skill in improving the value of any move- able, have generally a lien over it ; as, a miller, a shipwright, a tailor, a dyer, a bleacher, — each on the commodity passing through his hands. Carriers and ship- owners have a lien for the property they convey ; but there is none for dead-freight or demurrage, unless it be stipulated for. There appears to be no lien on a pas- senger or the clothes he wears, though there may be on his luggage. Innkeepers and stablers, being under an obligation to receive guests and their cattle, arc said to be provided by the law with this efficacious remedy as a counterpart of their obligation. Livery stablers and agisters (or persons affording pasture to cattle at so much per week) have no such lien in England ; in Scotland, however, a different doctrine seems to be held, that " the lien would be given on the broad principle, that it is the resulting security for the actio contraria in all cases" (BelPs Com. II. 104). A speciallien is easily created by the usage of trade, and may at any time be stipulated as an article in a contract. General Lien is of a more complicated description, being the right to retain for a general balance arising in the course of a series of transactions. An express contract, or a contract to be clearly implied from the previous dealings of the par- ties, or a distinct course of commercial usage, is required to constitute such a lien. " To establish a general lien on the ground of usage, strong and satisfactory evidence must be adduced of ancient, numerous, and important instances, in which the right has been exercised. When the usage is general, and prevails to such an extent that all parties contracting may be supposed conusant of it, they will, of necessity, be bound by the custom : for the usage of trade amounts to evidence of contract ; and where such usage is general, and has been so long established as to afford a presumption of its being commonly known, it is only fair to conclude that the par- ties contracted with reference to it" (Cross, 15). It would appear that the usage of a district may have the effect of at least excluding a species of lien, ac- LIG 445 LIG knowledged by the law to hold good in places where it is practised. A law-agent or attorney has a general lien on the papers of his client coming into his hands in the proper course of his business. Calico-printers, dyers, and wharfingers have a general lien in their respective trades, — fullers have not (though they are said to have such a right in the city of Exeter by ancient usage, Cross, 341-2). A factor has a general lien on the goods in his possession, for the general balance on the whole of the charges he is entitled to in the course of his factorage. If he shall have become security for his principal with his consent, and has been compelled to pay the sum, it is part of the balance on which he has a lien. In this, as in all other cases, the lien may be defeated by the property being deposited with the factor for a specific purpose, for which he is bound to hold it if he take possession of it, — as, where goods were placed in his hands, in consequence of an agreement that they were to be sold for the benefit of a particular creditor (Weymouth v. Boyer, 1 Ves. Jim. 416). A general lien is held by packers, when they are of the nature of factors, and by insurance-brokers. There is a general lien in favour of bankers — on bills deposited with them for a general account, but not on those deposited for a specific purpose, or on deeds casually left in their offices, after a refusal to advance money on them. Persons in the situation of being entitled to a lien lose it by relinquishing pos- session of the property from which they derive it. A factor in a foreign country, however, who has purchased goods for his principal on his own credit, is entitled to stop them in transitu after shipment to him ; and where the creditor deposits the subject with a third person, apprizing him of the lien, and appointing him to keep possession as his servant, the lien is not parted with. {Montague on Lien. Paley on Principal and Agent, 127-153. Cross on Lien.) LIGHTER, a small vessel used for carrying goods to or from a ship in lading or unlading. Lighterage is the expenses attendant upon the operation. LIGHTHOUSE, an edifice constructed near the seacoast, in which lights are exhibited for the guidance of ships. Anciently this purpose was served by fire- towers, where also sacrifices were offered for the safety of the mariners. The most celebrated of the ancient lighthouses was the Pharos of Alexandria, erected B. C. 283 ; its height is stated, though probably with much exaggeration, to have been 400 feet ; and it was accounted one of the seven wonders of the world. The most re- markable in modern times are, the Tour de Cordouan, erected in 1611, at the entrance of the Gironde in France, the height of which is said to be 186 feet ; the Eddy stone, a circular tower, constructed (1756-59), on a rock distant 4 leagues S.W. from Plymouth Sound ; it sweeps up with a gentle curve to the height of 863 feet ; and its utility, beauty, strength, and originality, have shed lustre on the name of the en- gineer, John Smeaton : and the Bell Rock, erected near the entrance of the Tay in Scotland, on the model of the Eddystone, by Mr Stevenson (1812) ; its height is 113 feet above low water. Besides lighthouses, there are in many places, especially in the estuaries of rivers, " floating lights" attached to vessels moored in certain positions, to indicate the existence of shoals or sunken rocks. The lights on our coasts generally consist of argand burners, placed on the foci of parabolic reflectors made of silver strengthenedwith copper; the reflectors being arranged, and the lights exhibited in such a manner that those on the same line of coast should have some essential distinction : thus, some of them are revolving or intermittent, many are fixed, others are placed one above another ; some flash once every five seconds, and not a few become alternately red and white. The whole are divided into harbour lights " and " general lights." Many of the latter were formerly private property, but they are now almost all vested in public boards, one of which, called the Trinity House, possesses besides a controlling power over all the marine beacons of the United Kingdom. The Trinity House of Deptford Strond was incorporated by Henry VIII. in 1515 for regulating pilots, erecting lighthouses and beacons, and other objects connected with navigation. It possesses an elegant hall in London near the Tower ; and is governed by a master, four wardens, eight assistants, and thirty-one elder brethren, most of them persons of distinction ; and there are, besides, numerous inferior members termed younger brethren. The powers of the corporation in re- gard to lights and other seamarks are at present regulated by an act passed in 1836, 6 & 7 Wm. IV. c. 79. This act invested them for the first time with the supervision of the Scotch and Irish lights ; and likewise provided for their purchasing the property of certain others, then in the hands of private parties. The number of English general lights under their immediate management is 74, including 20 floating lights. In 1838, the gross amount of dues levied for lighthouses, vested L1G 446 LIM in them prior to the act of 1836, was £119,190 ; for those transferred to them under that act, £49,810; and for buoys and beacons, £13,141 ; total, £182,141 ; yielding, after paying charges, a surplus of £55,005 ; of which £32,502, arising from lights held by them before 1836, was applicable to the relief of poor seamen, widows, orphans, and other charitable purposes, and £22,443 to the account for private lights since transferred to them {Par. Paper, 1840, No. 362). The only private lighthouses not yet made over to the Trinity House are those of the Skerries, Spurn Point, and Tynemouth. In Scotland, the lights are under the management of the " Commissioners for Northern Lights," — a corporation (38 Geo. III. c. 58) consisting of the Lord Ad- vocate, the Solicitor General, and twenty-three municipal officers. Their services are gratuitous. The number under their charge is 27; and the net amount of dues levied in 1839 was £42,955, applicable, after paying charges, to the erection of new works. They are, besides, vested by the act 6 & 7 Wm. IV. c. 79, with a general charge of the local or harbour lights. In Ireland, the lights are under the management of the Corporation (52 Geo. III. c. 115), for improving and extending the Port of Dublin, a body consisting of the Lord Mayor and two Sheriffs of Dublin, three Aldermen chosen "by the Board of Alder- men, and seventeen other individuals appointed in the first instance by the act of incorporation, but who have the power of filling up the vacancies. The number of public lights possessed by them is 29, besides 16 harbour-lighthouses, including 5 for which no rates are exacted ; their gross revenue in 1832 was £42,061. This corporation has likewise a general charge of all the other local lights. The Scottish and Irish Boards must give six months' notice to the Trinity House before erecting any new lighthouses, or making any alterations on those already erected : notice of any changes must be likewise given to the public through the Gazette and other newspapers (§ 46). In the event of any difference between the Trinity House and the other Boards, the latter may appeal to the Qneen in Council. We have no recent accounts of the local lights ; but, including the 16 Irish har- bour-lights already noticed, the number in the United Kingdom may be taken at 95 ; making the total of public and local lights on the British and Irish coasts about 225. The rates of duty levied on vessels passing within certain limits vary greatly in respect to different lights : for some of the English ones, only |d. per ton is charged on British, and £d. per ton on vessels belonging to foreign powers with whom we have no treaties of reciprocity ; while for others, the charges are as high as Id. and 2d. per ton on British and unprivileged foreign ships respectively. In Scot- land, the charge on coasting vessels (not wholly in ballast) is ^d. per ton for each time of passing every lighthouse, or deriving benefit thereby, except that on the Bell Rock, for which Id. per ton is chargeable ; on British vessels on foreign voyages, Id. and 2d. per ton are respectively payable for these lights ; unprivileged foreign vessels pay double rates (§ 40). In Ireland, the charge is |d. per ton for each light, except on vessels wholly in ballast and without passengers, which are exempted ; double rates are payable for unprivileged foreign vessels, s LIGNUM VITvE. [Guaiacum.] LIME, the protoxide of calcium, is found abundantly in most countries, in a combined state with other substances, particularly in limestone, chalk, and marble, which are carbonates of lime. The common method of obtaining it is by the process of burning, in which limestone, mixed with coal or charcoal, is exposed to a strong heat ; in this way the carbonic acid is expelled, and the product, called quick-lime, is the substance in a state of purity. It is white, or of a pale gray tint, opaque, inodorous, and its taste is acrid and alkaline. When water is poured upon quick-lime it heats, cracks, swells, and a bulky white powder is ob- tained, called slaked lime. The limpid, colourless fluid, called lime-ioater, used as an antacid, is prepared by mixing powdered lime with warm water ; and what is termed milk or cream of lime, is merely slaked lime diffused through lime-water. Lime is used in immense quantities in this country as a manure, and as an ingre- dient in mortar. In several metallurgic processes it is used as a cheap and powerful flux : it is also employed extensively in soap-making, leather- dressing, dyeing, and medicine, besides many other purposes in common life and the arts. By 36 Geo. III. c. 110, lime and limestone may be shipped and landed coastwise without any customs document whatever. LIME, the fruit of a tree {Citrus limetla) which grows in Spain, Portugal, France, and East and West Indies. In appearance and natural qualities it resembles the lemon, differing only in being smaller, and nearly round, with a smooth rind, and LIM 447 LIN in tho pulp not having such a sharp and powerful acid, but being, on the contrary, flat and slightly bitter. The flavour of the lime is, however, reckoned superior to that of the lemon. It is used for punch, sherbet, and other liquors. LIME, or LINDEN, a timber tree (Tilia Enropcea), of which there are several varieties ; the most valuable being the " common lime," a large, fast-growing, beautiful tree, reared in most parts of Britain, but thriving best in rich loam, and in warm and rather moist situations. Its wood is soft and weak, but being close framed, delicately white, and of a uniform colour, it is well adapted for all ight works that are to be partially painted, and then varnished. Possessing, even in a higher degree than the maple, the property of not warping, it is used for cutting-boards, and for the keys of musical instruments ; while, from its standing the tool well, it is employed by carvers for most part of their wooden ornaments ; whence the lime is called, by way of eminence, " the carver's tree." The bark divided into the narrow slips called bast, is in the N. of Europe ex- tensively plaited into ropes, and worked into the mats in which flax and hemp are imported from the Baltic. LIMITATION, in the law of England and Ireland, is the expiry of a right through lapse of time. In Scotland, the analogous provision of law is called Pre- scription. Perhaps the most important operation of limitation is its creation of a title to real property, which it does by conferring a positive right on the possessor, and creating a personal exception against other claimants ; but it is only as a bar to claims connected with commercial transactions that it can be here considered. Limitation may either be a bar to a substantive claim, or to a particular means of proving it. By the statutes of Limitations (English act, 21 Jas. I. c. 16 ; Irish, 10 Cha. I. Sess. 2, c. 6) " All actions of account and upon the case, other than such accounts as concern the trade of merchandise between merchant and merchant, their factors or servants : all actions of debt grounded upon any lending or contract without specialty .... shall be commenced and sued .... within six years next after the cause of such actions or suit, and not after." The period of limitation begins to run when the obligation is exigible ; and so when credit is stipulated for, its currency commences on the expiry of the credit. It applies to bills and promissory notes, running from the day when they become due. Notes payable on demand are held as exigible from the date of their completion, and the limitation then begins to run. The exception of " such accounts as concern the trade of mer- chandise " caused considerable discussion as to whether all merchants' accounts and charges for the price of commodities were intended to be exempt from limitation. " But it is now settled, that accounts open and current only are within [the excep- tion of] the statute : that therefore, if an account be stated and settled between merchant and merchant, and a sum certain agreed to be due to one of them, if in such case he to whom the money is due does not bring his action within the limited time, he is barred by the statute " {Sir E. Tomlins). In accounts by tradesmen against their customers, limitation runs on each article, so that the creditor can only recover for those sold within the six years. The currency of the limitation may be stopped and a new period commenced, by such an acknowledgment on the part of the debtor as may suffice to create a new agreement. By the 9th Geo. IV. c. 14, to produce this effect, the acknowledgment must be in writing, and it binds only the party making it, and is not pleadable against co-obligants. LINEN (Dn. Lynwaat. Fr.Toile. Ger.Linnen. It. Tela. Por. Panno de linho. Sp. Tela de lino. Rus. Polotno) is strictly cloth woven from the fibres of the flax plant, though the term is now likewise understood to comprehend all kinds of hempen cloth. This manufacture is of the highest antiquity. It appears to have originated in Egypt where the plant is indigenous, and where the mummies are generally found swathed in linen, some of which is stated by Belzoni to be " quite as fine as our common muslin, very strong, and of an even texture." Little is known regarding the state or progress of the manufacture among other ancient nations, or during the middle ages ; and the period of its introduction into this country cannot be ascertained. In 1 175, flax and hemp were classed in England among the titheable productions ; and for long afterwards the government encour- aged their growth for the supply of the home manufacture ; but the greater part of our linens was imported from Flanders and the north of Europe until last century, when the trade rose into some importance, particularly in Scotland and Ireland. It is, however, only within late years that our liuen manufacture can be said to have become a truly national branch of industry, a distinction which it owes mainly to the reduction of the duties on foreign flax and hemp, and the adaptation and LIN 443 LIN application of the inventions of Hargreaves and Arkwright to the spinning of yarn by means of machinery. In Scotland, at the period of the Union, the linen manufacture, though then styled " the great national staple," was very trifling, and almost wholly domestic. But a board having been appointed (1727) for its encouragement by means of pre- miums, and bounties granted on the cloth exported, the trade was in course of time greatly extended, so that in 1800 the quantity stamped for sale by the officers of the board was 24,235,633 yards, valued at £1,047,598, which was exclusive of that woven for domestic use. The operation of spinning, — hitherto altogether performed by women in their own dwellings, — was now in part executed by means of flax mills ; and in 1814, some of the mill-spinners became also manufacturers. The subsequent Erogress of the trade, especially after the reduction of the import-duty on flax in 1825, as been most remarkable. This has been more particularly the case at Dundee, now the chief emporium of the linen-trade of the United Kingdom. In 1814, the quan- tity of flax imported into that place did not exceed 3000 tons, but in 1841 it amounted to 25,865 tons, besides 4181 tons of hemp, the value of the whole being £905,086 ; while the population of the town increased in the same interval from about 30,000 to 63,825. The manufactures of Dundee are chiefly of the coarser kinds ; but of late years the spinning of fine yarns has been introduced, a part of which is woven in the place, and the remainder exported. The shipments from this port in the year ending May 1841 amounted to 697,295 pieces cloth, of the value of £1,322,835 ; and 122,064 cwts. yarn, amounting to £488,256 ; the former comprising 208,415 pieces sheeting ; 137,834 pieces sailcloth ; 170,581 pieces sacking and bagging ; 79,564 pieces dowlas ; 72,313 pieces osnaburgs ; and 28,588 pieces sundries. The number of spinning-mills in Forfarshire was stated in 1839 to be nearly 100, of which 41, possessing 1695 horse-power, were situated within the town of Dundee. The weavers often work in their own houses, but sometimes in factories, — the master in the latter case furnishing the loom, which is generally the common one with the fly-shuttle. Of late the power-loom has been successfully applied to the weaving of dowlas, sheeting, and other fabrics. Besides Dundee and the adjacent district, the linen-trade is prosecuted extensively in Aberdeen, where there are some very large flax-mills ; and in Fifeshire, particularly at Dunfermline, a thriving town which has been long celebrated for the manufacture of damasks, table-linen, diaper, and fine shirting. In Ireland, the linen manufacture first owed its extension to the jealousy of the English, on account of the progress which that country was making in the woollen manufacture, in the reign of William III., and who, at their instigation, introduced a seriesof laws which had the effect of crushing the latter, and introducing the former in its stead. A board was afterwards appointed for its superintendence ; bounties also were granted on exportation ; and, what was of more importance, the consumption of England, as regarded the finer qualities, was virtually secured to the Irish manufacturers by the prohibitory duties imposed on foreign linens. The trade in consequence progressively increased. In 1800, no fewer than 31,978,039 yards were imported from Ireland into Britain, besides 2,585,829 yards shipped to other countries ; in 1825, the exports were, to Britain, 52,559,678 yards, to other countries, 2,553,587 yards. Since 1825, no account has been taken at the custom- house of the commercial intercourse between the two islands, which was then placed on the footing of a coasting-trade ; but according to a report of the railway com- missioners, the shipments from Ireland in 1835 amounted to 70,209,572 yards, of the value of £3,730,854. The province of Ulster is that wherein the manufacture is chiefly prosecuted, its principal seat being Belfast ; and the cloths woven are mostly of the finer kinds. Spinning machinery was introduced in 1806 or 1808 ; and in 1839, the number of flax-mills in Belfast was 20, employing 7000 hands. A great proportion of the yarn worked up, however, is sent from England. In England, various branches of the linen trade are carried on in Lancashire and the West Riding of Yorkshire, as well as in Dorset, Durham, and Somerset ; but that part of the United Kingdom is now chiefly distinguished for the spinning of yarn, a branch which has of late risen into high importance, particularly at Leeds, where some of the flax-mills are of the most magnificent description. In 1839, the number was 44 ; comprising a horse-power of 1259. Of the yarn produced a portion is worked up in the town and adjoining district, but the greater part is sent to other places, especially Ireland and France. We possess no very recent account of the extent of that part of the manufacture which is carried on in factories. According to returns made by the inspectors in 1835, the number of factories then at work was, in England, 152 ; in Scotland, 170; LIN 449 LIN in Ireland, "25 ; in all, 347 : and the number of males employed therein was 10,395, and of females, 22,888 ; total, 33,283, about one-half of whom were young persona under 18 years of age. A spindle of linen yarn contains 14,400 yards : it is divided into 24 heers, 48 leas or cuts, or 11,520 threads ; each thread being thus 90 inches : the bundle of yarn is 4^ spindles, or 60,000 yards. The quality of yarn is expressed in England by figures denoting the number of leas or cuts (each of 300 yards) contained in a pound weight ; in Scotland by the number of pounds in a spindle, or 48 leas. Thus, No. 48 yarn in England is called 1 lb. yarn in Scotland. The range of the qualities is considerable, but it is seldom spun of greater fineness than No. 200, the quality fitted for good cambric, though at Leeds it is now produced up to 240. The improvements introduced into the spinning processes have been such, that while the length of a pound of yarn of average fineness was in 1813 and 1814 only 3330 yards; in 1833, the same weight of average yarn contained 11,170 yards (Por- ter's Progress of the Nation, vol. i. p. 269); and, since the year last mentioned, the average quality has been carried even to a much higher point, the cost of the manufacture being at the same time greatly economized. This perfection of our spinning machinery has not only rendered us entirely independent of Flanders and other parts of the "Continent for the supply of yarn, of which, so lately as 1827, nearly 4,000,000 lbs. were imported for the use of our weavers, but it has opened up the entirely new trade of exporting yarn, and has been, besides, as already noticed, mainly the cause of that cheapness of our linens, which, notwithstanding the entire abolition of the bounty system,* has enabled us successfully to compete with other countries, formerly our superiors, in the general markets of the world. The fol- lowing table shows the progress of our exports since 1820, in so far as we are enabled to furnish details ; distinguishing the shipments to the United States and Francef respectively, our principal customers for cloths and yarns : — Yean. Linen Manufactures Exported. Linen Yarn Exported. Entered by the Yard. Small Wares. Total Value. Exports to Unit. States. Quantity. TotalValue. Exports to France. Quantity. Value. Yards. £ £ £ £ Lbs. £ £ 1820 38,077,898 1825 52,0811,185 1 1 1 _ — .... 1826 39,986,715 ■ — .... 1827 55.132.189 2,057,351 71,032 2,128,383 762.713 .... 1828 60,287,814; 2,120,276 66,146 2,186,422 670,778 1829 57,698,372! 1,953,607 52,037 2,006,644 653,298 1830 61,919,9631 2,017,776 48,648 2,066,424 725,513 .... 1831 69,233,892; 2,400,043 61,661 2,461,704 1,021,696 1832 49,531,057 1,716,084 58,643 1,774,727 414,160 iib',188 8,705 *6,516 1833 63,232,509 2,097,273 69,751 2,167,024 830,820 935,682 72,006 68,299 1834 67,834.305 2,357,991 85.355 2,443,346 1,047,744 1,533,325 136,312 130,561 1835 :93,139 99,004 2,992,143 1,564,826 2,611,215 216,635 198,823 1836 82,088,760' 3.238,031 88.294 3,326,325 1,687,877 4,574,504 318,772 276,942 1837 58,426,333 2.(63.425 64,020 2,127,445 584,597 8,373,100 479,307 401,007 1838 >,894 2,717.979 102,293 2,820,272 941,281 14,923,329 746,163 600,806 1839 85,256,542 3.292,220 122,747 3,414,967 1,264,008 16,314,615 818,485 644,144 89,373,431 3,194,827 111,261 3,306,088 975,586 17,733,575 822,876 629,533 1841 3,356,030 970,840 Besides the United States (whose demand, it will be observed, is subject to striking fluctuations) linens are largely exported to British America, the W. Indies, S. America, especially Brazil, and to France, Spain, and Gibraltar : they also enter pretty largely into our trade with Italy, Portugal, the East Indies, and Australia ; and small quantities are sent to Germany, Africa, and other parts. The only other countries, besides France, to which yarn is sent to any amount, are Germany, Holland, Belgium, and Italy, though to a small extent in the last case. No foreign linens are entered for consumption in this country, except certain fine qualities of cambric, including pocket handkerchiefs, which are still imported from France. Some plain cloths are besides brought, though not to any great extent, from Russia and Germany, for re-exportation to the W. Indies, United States, and S. America. We possess no data for calculating the present value of the linen manufacture of the United Kingdom, but do not believe we shall err greatly in estimating its * The bounties ranged from Jd. to 1 id. a-vard, according to quality and value ; and the amount generally paid was from £300,000 to £40o",000. Their abolition, which was gradual, began in 1825, and the payments ceased on 5th January 1832. [Bounty.] t A considerable addition was made to the French duties on linens and yarns by ordonnance, June 26, 1842, which, unless retracted or modified, will materially influence our future exports. 2 V LIN 450 LIQ, annual amount at from £9,000,000 to £9,500,000, or nearly one-fourth that of the cotton manufacture. [Flax. Hemp.] S LING, a valuable species of cod {Lota moha, Cuv.), having a slender body, usually from 3 to 4 feet in length. Large quantities are caught among the He- brides, in the Orkneys, and on the Yorkshire coast ; in Cornwall and the Scilly Isles ; also on the Irish coast. In Zetland, the principal fishing is from May to August ; whereas in Cornwall, they are caught in January and February. Besides a portion that is consumed fresh, the fish are split from head to tail, cleaned, salted in brine, washed, and dried : but the demand generally falls short of the quantity cured. The ports of Spain are the foreign markets chiefly supplied. The air-bladders, or sounds, are prepared separately, and with those of the cod-fish are sold pickled. LINSEED (Da. Horrfroe. Du. Lynzaad. Fr. Graine de lin. Ger. Leinsaat. It. Linseme. Rus. Semja lenjanoe), the produce of the flax-plant, consists of small, bright, grayish-brown, 'slippery, elongated bodies, containing a mealy oleaginous albumen, which yields, by expression, oil in such great abundance that the seed forms for this purpose, as well as for reproduction, an important article of trade. Linseed is preferred when bright and heavy, and especially that which, when bruised, appears of a light or yellowish green colour, fresh and oily. It is produced only in small quantities in the United Kingdom ; but nearly 4,000,000 bushels aro now annually imported ; three-fourths of which come from Russia : the remainder is chiefly from Prussia, Italy, and India ; but small parcels are likewise brought from N. America, Holland, Sweden, Denmark, Turkey, and Egypt. About one- fifth of the importations is used in Ireland for sowing, for which purpose the Dutch seed is preferred. [Flax.] S In Russia, the great seat of this trade, the crop fluctuates exceedingly, the exports varying from ahout 400,000 to 700,000 Imperial quarters. The principal ports of shipment are Riga and St Petersburg. The chief general distinctions of linseed are those of sowing and of crushing seed. M The former," says Mr Clark, " is understood to be a select article shipped from Riga, Windau, Liebau, and Pernau, in casks, with official marks warranting'the seed to be fresh and fit for sowing ; the latter is of various quality, intended to be used and fit for crushing only, and shipped from ail ports of Russia, either in bulk, or in mat bags, called ' kools.' At St Petersburg but a small part of the annual supply derived from the nearer flax-districts arrives and is ready for shipment in May, June, and the fore-part of July ; for the principal part reaches that market from the middle of July till the end of September, and comprises what is called Morshansk and.Saratoff linseed, and uses to be of a quality superior to the earlier arrivals. The shipment is made chiefly in the mat bags above alluded to, which are not paid for separately. The article sells there by the chetvert measure, forming the contents of a kool. " Contract purchases. for forward delivery are made in autumn, winter, and spring, either with the whole price agreed for, or part .thereof, most frequently 25 to 50 per cent, paid down cash, in advanceat once, or by instalments; the remainder being payable on delivery." — {Russia Trader's Assistant: Exports, p. 70.) All the seed not exported before winter is sent to Holland to be crushed for oil. Linseed-Oil is what is called a drying oil. Cold-drawn, it is greenish-yellow, and more viscid than when hot-drawn. Sp. gr. "934. It is one of the cheapest fixed oils ; and is used in the manufacture of paints, varnishes, and printing ink. Linseed-Oil Cake, the substance which remains after the oil is expressed, con- tains the albuminous and mucilaginous part of the seed, and is used for fattening LINSEY, or LINSEY WOOLSEY, a kind of flannel, of which, however, only the woof is composed of wool, the warp being thread. LIQUORICE ROOTS (Fr. Bois de reglisse. Ger. Sussholz. It. Legorizia), the roots of a perennial plant (Glycyrhiza glabra), a native of the south of Europe, but cultivated in England, particularly at Pontefract, in Yorkshire. They are very long, about an inch thick, flexible, fibrous ; of a brown colour, and when fresh, juicy ; taste sweet, and slightly bitter. They are extremely apt to spoil, and it is necessary to preserve them in sand, or in some very dry place. Liquorice roots are an article of the materia medica, and are also in demand by brewers and druggists. They are used both in the form of extract and of powder. LIQUORICE JUICE (It. Sugo di regolizia. Sp. Regaliz en bollos o' pastillas), called also Spanish juice, black sugar, or succus liquoritia, is the inspissated juice of the fresh roots just specified ; and is imported from Sicily, Italy, and Spain, in cylindrical rolls, covered with bay leaves. It should be quite black, brittle when cold, and break with a smooth glossy fracture, have a sweet taste without empy- reuma, and be almost entirely soluble in water. It is used in medicine, particularly in tickling coughs. The Italian is the best ; that from Spain is scarcely marketable. About 8000 cwts. are annually imported, almost wholly from Sicily and Italy. Little or no liquorice juice is made in this country, except in Yorkshire, where an extract is prepared under the name of Pontefract cakes. LIS 451 LIT Refined Liquorice, or rather what is commonly called so, is generally prepared in this country by compounding inferior juice with glue or mucilage. It is in small cylindrical pieces, not thicker than a goose-quill. "LISBON; [Portugal.] LISPOND, a German weight, generally equal to about 14 lbs. LITERARY PROPERTY may be defined as the produce of intellectual exer- tion, published to the world, but in such terms and under such conditions that the right of publication and the benefits derivable therefrom are matter of property. The peculiarity of this species of property consists in its untangible nature, which leaves no room for applying to it the ordinary criteria of possession or occupancy, by which physical property is ascertained ; and a peculiar code has thus been ren- dered necessary for its regulation. A manuscript or a painting, while the former is not printed or the latter engraved, are each viewed as pieces of physical property, subject to the ordinary rules of possession. It is when copies come to be multiplied for publication that literary property is constituted and brought into existence. The law of copyright is now embodied in 5 & 6 Vict. c. 45. As to all works published after the date of the act (1st July 1842), it extends to the lifetime of the author, and to 7 years after Ins death ; but if these 7 years should expire within 42 years from the first publication, the copyright is to exist till the termination of 42 years from the date of publishing. The copyright of a book published after the author's death, and after 1st July 1842, is to exist 42 years, in the person of the proprietor of the MS. (§ 3). The same period of copyright is extended to the authors of books Eublished before 1st July 1842, and to their representatives ; but publishers who ave acquired the copyright of them, hold it only to the extent of the old law (viz. 28 years or the lifetime of the author), unless the author, or his representative holding the copyright, consent to accept the benefits of the act, and enter a minute to that effect in the register at Stationers' Hall, when the remaining copyright " shall be the property of such person or persons as in such minute shall be ex- pressed " (§ 4). Where the holder of a copyright after the author's death refuses to give the world the benefit of the work, the judicial committee of the privy council may grant a license to publish it, on its being shown to be advantageous to the public (§5). Entry at Stationers' Hall. — Proprietors of the copyright of books to be published may enter in the register of the Stationers' Company, the title, time of publication, name and abode of publisher, and the name and abode of the proprietor of the copyright, or of any portion of it, defining what portion : 5s. is payable to the com- pany's officer (§ 13). Any person aggrieved by such an entry, may have it cor- rected by application to any of the courts at Westminster" Hall (§ 14). The register may be consulted by any one, on payment of Is. for ea,ch entry inspected. A certified extract may be obtained on payment of 5s. (§ 11). Copies to Public Libraries.— Ho the British Museum, a copy of each book must be sent, on the best paper used in the impression, with all plates, &c, that may belong to it, finished in the best manner, and a like copy of every subsequent edi- tion, if there be alterations. If the work be published within the "bills of mortality, the delivery must be within one month — if elsewhere, within three (§ 6). The following libraries are entitled each to a copy of the ordinary impression of every book :— The Bodleian, at Oxford ; the Public Library, at Cambridge ; the Advo- Library, at Edinburgh ; and Trinity College Library, at Dublin. The book must be given within a mouth after any demand in writing by the proper officer of the Stationers' Co., or by a librarian of the privileged library, demanding the copy, the notice being given within a year after the pubUcation (§ 8). The copy for any library may be delivered to the librarian, a receipt being obtained from him (§ 9). oalty for not delivering each copy is, besides the value of the copy, a sum not exceeding £.5, recoverable either summarily before two justices, or by an ordin- ary action (§ 10). When entry is omitted, in the case of a book published after the date of the act, the remedies specially conferred by the act for infringement of copyright are lost ( § 24). Constitution and Transmission of Property. — The man who projects and composes a book is the proprietor of the copyright, unless he have conveyed it away. A simple method of conveyance is appointed by the act, viz. an entry of assignment in the register at Stationers' Hall (§ 13). The law was formerly in a very doubt- ful state as to proprietorship, where the author was employed by publishers ; and especially in the case of contributions to periodicals and works of reference. It has now been distinctively fixed by the followiug clause in the new act : " That when any publisher or other person shall, before or at the time of the pass- LIT 452 LIT ing of this act, have projected, conducted, and carried on, or shall hereafter project, conduct, and carry on, or be the proprietor of any encyclopaedia, review, magazine, periodical work, or work published in a series of books or parts, or any book what- soever, and shall have employed or shall employ any persons to compose the same, or any volumes, parts, essays, articles, or portions thereof, for publication in or as Eart of the same, and such work, volumes, parts, essays, articles, or portions shall ave been or shall hereafter be composed under such employment, on the terms that the copyright therein shall belong to such proprietor, projector, publisher, or conductor, and paid for by such proprietor, projector, publisher, or conductor, the copyright in every such encyclopaedia, review, magazine, periodical work, and work published in a series of books or parts, and in every volume, part, essay, article, and portion so composed and paid for, shall be the property of such pro- prietor, projector, publisher, or other conductor, who shall enjoy the same rights as if he were the actual author thereof, and shall have such term of copyright therein as is given to the authors of books by this act ; except only that, in the case of essays, articles, or portions forming part of and first published in reviews, maga- zines, or other periodical works of a like nature, after the term of 28 years from the first publication thereof respectively, the right of publishing the same in a se- parate form shall revert to the author for the remainder of the term given by this act ; provided always, that during the term of 28 years the said proprietor, pro- jector, publisher, or conductor shall not publish any such essay, article, or portion separately or singly without the consent previously obtained of the author thereof, or his assigns : provided also, that nothing herein contained shall alter or affect the right of any person who shall have been or who shall be so employed as afore- said to publish any such his composition in a separate form, who by any con- tract, express or implied, may have reserved or may hereafter reserve to himself such right ; but every author reserving, retaining, or having such right, shall be entitled to the copyright in such composition when published in a separate form, according to this act, without prejudice to the right of such proprietor, projector, publisher, or conductor as aforesaid. The entry of such works in series may be made at Stationers' Hall, at the commencement of the issue, once for all" (§ 11). Copyright is declared by the act to be personal property (§25). Remedies against Piracy. — The remedy is by an ordinary action of damages, against any party publishing or selling without license a work belonging to another, or importing copies of it from abroad (§ 15). Where a person pursued for piracy intends to question the pursuer's title, he must send specific notice before trial, stating the facts as to composition and proprietorship, on which he founds (§ 16). All actions must be commenced within twelve months after the cause of action has arisen (§ 26). Pirated copies of books become the property of the owner of the copyright (§ 23). Any person accessory to importing for sale or hire copies of books in which there is copyright, on conviction before two justices of peace, for- feits for each offence £10, and double the value of the copies imported. Officers of customs and excise are authorized to seize such illegally imported copies ; and, on the recovery of the penalty, £5 goes to the officer seizing,— the remainder to the proprietor of the copyright (§ 17). It is sometimes very difficult to determine whether a copyright has been infringed, and how far. In the case of books of reference, especially those belonging to the exact sciences, — in road-books, calculation-tables, and almanacs, it will often happen that parties cannot go over the same ground without producing the same result, so that identity is not in every case (as in ordinary literary works) proof of plagiarism. The difficulty, however, is greatly overcome by keeping in view the principle at the foundation of literary property,— that no man is entitled to make use of the labours of his neighbours for his own behoof. The chief difficulty in such case rests in the evidence of adaptation, and this must often be incidental, — it will arise from peculiarities in order and method which the plagiarist has been found to have mechanically employed without knowing their application ; from the use of exclusive information, to which the plagiarist had no access ; and it may even arise in the adoption of the typographical errors of the original. The most clear evidence generally obtainable, is the distribution of part of the original work in the printing-office as " copy " to the compositors. International Copyright. — By a late act, copyright may be secured in works first published abroad, if the publication have been in a country which grants a reci- 5rocal privilege to books first published in the United Kingdom (1 & 2 Vict. c. 59). 'he privilege is proclaimed by order in council. It cannot exceed the amount of copyright privilege which the acts allow to the publications of this country (§ 1), but LIT 453 LLO it may be for any shorter period that the order in council may direct (§ 7). The title of the book, name and place of the author, and time and place of first publica- tion abroad, must be entered at Stationers' Hall, and a copy must be deposited in the British Museum within a time specified in the order (§ 1). No copyright in a work first published abroad can be enjoyed in the United Kingdom, except in terms of the act, which includes music, maps, charts, and plans (§§ 13, 16). In Dramatic Compositions there is now, by 3 & 4 Wm. IV. c. 15, a copyright as against performance on the stage. It extends absolutely to all pieces not printed and published at the passing of the act, and to all that have been printed and Sublished at any time not more than ten years before the date of the act (10th une 1833), in both cases for twenty-eight years from the date of publication, and thence during the author's life. By 5 & 6 Vict. c. 45, above mentioned, the period extended by the act to other literary property is extended to dramatic re- presentations : and it is provided that an assignment for publication of a dramatic piece is not to convey the right to represent it (§§ 20, 21). The penalty for infringe- ment of this species of copyright is 40s., or damages to the extent of the sum cleared by the representation, and double costs. "in Musical Compositions there is a copyright which, by §§ 20 & 21 of 5 & 6 Vict., is made precisely the same as that in dramatic compositions. Lectures. — Another late statute (5 & 6 Wm. IV. c. 65) constitutes a copyright in lectures delivered, which are not to be published without the lecturer's consent, either by persons who have obtained liberty to attend them, through the payment of fees, or by any other unauthorized person. * The privilege extends by the statute to the usual period of copyright, which, at the time the act was passed, was 28 years. There is no mention of this species of copyright in 5 & 6 Vict. LITHARGE (Fr. Litharge. Ger. Gl'dtte), a semi-vitrified oxide of lead, in the form of small shining heavy scales, or more or less agglutinated masses. It is usually produced in the purification of silver from lead, and the refining of gold and silver by means of this metal. According to the degree of fire and state of oxidation, it has a pale or a deep colour, — the one is called litharge of silver, and the other litharge of gold. Litharge is employed in medicine, and by potters, glass- makers, painters, and others. About 500 tons are annually exported, chiefly to Germany and Russia. LITMUS (Fr. Tournesol. Ger. Lackmus), a violet-blue dye, prepared chiefly in Holland from a lichen (Lecomora tartarea), which grows in the Canary and Cape de Verde Islands. It is imported in small cubical cakes, of a dusky blue colour, light, and easily pulverized. It is employed to stain marble ; also as a chemical test of acidity,being reddened by acids, while the blue is restored by alkalis ; for this purpose it is employed either in the form of a tincture, or of unsized paper coloured with it. LITRE, a French measure of capacity equal 1^ Imp. pint nearly. LI VRE, the integer of account in the old system of France, is equivalent to 9hd. nearly ; and 81 livres = 80 francs. Livre is also the French name for a pound weight. The livre usuel = 1 lb. 1 oz. 10 1 drams avoird. LLOYD'S, the name of a subscription coffeehouse in London, celebrated on account ot its being the office of the Society of Underwriters. [Insurance, Marine ] It is situated in a gallery of the Royal Exchange, Cornhill, and its rooms are private to the subscribers. Few or none of the commercial institutions of Britain have excited in a higher degree the admiration of intelligent foreigners. " The establishment of insurances at Lloyd's," says Baron Dupin, ** has rendered signal services both to the commerce of the British empire and to that of other states. The society has agents in most of the principal ports of all parts of the world ; it makes public the events, both commercial and maritime, which it learns through their means : these accounts are received by the public with a confidence which nothing for more than a century has tended to destroy." " At Lloyd's," says Von Raumer* " close to the dial which tells the hour, is one still more interesting here, which tells the direction of the wind, and is connected with the weathercock on the roof. Intelligence of the arrivals and departures of ships, — of the existence and fate of vessels in all parts of the world,— reports from consuls and commissioners resident in every foreign town, — newspapers and gazettes from every country, are here to be found, arranged in such perfect and con- venient order, that the entire actual state of the commercial world may be seen in a few minutes, and any of the countless threads that converge to this centre may be followed out with more or less minuteness. The whole earth, or the whole * The Prussian traveller's description refers to the rooms in the Old Exchange, but their gen- eral characteristics continue preserved in the new edifice. LLO 4.54 LLO commercial machinery of the earth, appeared to me to be placed in the hands of the directors of Lloyd's coffeehouse." In order to become a subscriber to this institution, the candidate must be proposed by six members, and afterwards accepted by the managing committee. The rooms are open for the transaction of insurance business from 10 a. m. to 5 p.m. S Lloyd's Register of British and Foreign Shipping. For many years a committee of gentlemen connected with Lloyd's has superin- tended a registry of the qualifications of ships ; which, upon the reports made of them by surveyors, are ranked in different classes, and a preference given as to employment and insurance, according to the place assigned to them. Until 1834, the age of the ship was held to be conclusive evidence as to her deterioration, without reference to original quality or repairs ; but this regulation having led to the building of ships with little regard to durability, and to the application of re- pairs as sparingly as possible, the system of classification was in that year thoroughly reformed. Ships are now classed according to their real and intrinsic qualities at the time of survey ; and thus every inducement is presented to build them in a substantial manner, and to give them thorough repairs as often as needed. Tho rules for the guidance of owners are stated in detail in the Register Book. The principal are the following : — First Class Ships.— First Description comprises all which have not passed a prescribed age, provided they are kept iu a state of complete repair and efficiency ; and they are designated by the letter A (§33). The period of continuance in this class varies from four to twelve years, according to the original construction and quality of the vessel, the materials employed, and the mode of building ; but after the expiration of the prescribed period, ships are permitted to remain in this rank, or to be restored thereto for a further limited period, on the conditions after mentioned. If, on the termination of the period of original designation, a shipowner should wish to have his ship remain on the letter A, he is to send a written notice thereof to the committee, who then direct a special survey to be held ; and if, from the report of such special survey, the ship shall appear to be in all respects in a sound and efficient state, and to have preserved her original form unaltered, the committee will continue such ship on the letter A for such further period as they may think fit, — not exceeding, however, one-third of the number of years which had been origin- ally assigned (§ 54). If, at any time before the expiration of two-thirds of the number of years, beyond the period for which ships may have been originally assigned to remain in the First Description of the First Class, an owner be desirous to have his ship restored to that description, such restoration (after survey and repairs) will be granted for a period not exceeding two-thirds of the time originally assigned for the remaining therein ; the same to be calculated from the date of such repairs ( § 55). If, at any age of a vessel, an owner be desirous to have the ship restored to the First Descrip- tion of the First Class, such restoration (after survey and repairs) will be granted for so long a period as may be deemed expedient by the committee, not exceeding in any case the term of six years (§ 57). On the same principle of giving every proper advantage to ships which shall be actually proved to be superior of their class, and in excellent condition, ships which have been restored to the class A shall be entitled to an extension of the time ; but the term of such extended continuance shall be limited to a period not exceeding one-third of the number of years for which the ships may respectively have been restored, without any reference whatever to the period originally as- signed to them (§59). Second Description comprises &\\ ships which, having passed the prescribed age, but have not undergone the repairs which would entitle them to be continued in or restored to the First De- scription, or having been continued or restored, and the additional period thus assigned having expired,— appear on survey to be still in a condition for the safe conveyance of dry and perishable cargoes ; and they are designated by the diphthong M : but such of the ships of this class as are found on survey to be of superior description, being fit for the conveyance of dry and perishable goods to andfromall parts of the world, are distinguished by an asterisk, thus prefixed, *M (§ 60). For the purpose of continuing a ship in this class a careful survey is required annually, or on the return from every forei9 MEA £70,790 ; live-stock, rice, &c. from Madagascar, £58,633 ; bags, skins, and French goods, from Bourbon, £35,890 ; besides articles of smaller amount from Australia, Java, &c, and of oil from the fisheries. The exports in the same year, consisting almost wholly of the island staples, amounted to £831,132; of which, to Britain, £637,870; Australia, £79,940; Cape, £44,767; Bourbon, £20,155 ; Madagascar, £15,716; British India, £13,965 ; Pondicherry, £7581; France, £6355 ; besides smaller amounts to Java and other places. There are two ports ; Port Louis, the capital, in lat. 20° 10' S., long. 57° 29' E., pop. 26,000, lies in the N.W. extremity, within a narrow inlet; and Mahebourg, on the S.E. coast : the harbours of both are good, and safe, except in the hurricane seasons. From 100,000 to 120,000 tons of shipping enter annually. MEASURES, MONEY, DUTIES, &C Measures and Weights.— The Imperial meas- ures and weights are employed in government transactions, but the old system of France is that in ordinary use. The common practical equations are, 15 French feet = 16 Brit, feet ; 7 aunes = 9 Brit, yards ; 1 arpent = 1 Brit, acre, 7 perches ; 1 velt = 2 old English wine gallons, and 30 velts = 1 cask ; the quintal of 100 lbs. French poids de marc = 108 lbs. avoirdupois, and 20 quintals = 1 French ton. Money. — Accounts are kept in sterling ; also in dollars of 100 cents or 10 colonial francs. The circulating medium is composed of notes for £2 and upwards, issued by the Mauritius Bank, established in 1832, and the Mauritius Commer- cial Bank, founded in 1838, and of a variety of coins. The dollar coined for the colony is of the same value as the Spanish dollar. Private bills are drawn in Europe at 90 d. s. ; on India, 30 d. s. ; on Bourbon, 15 d. s. ; and commissariat bills on Britain are granted at 30 days' sight. The Duty on British or colonial produce or manufactures imported in British ships is 6 per cent. ; wheat, rice, and cattle, in British ships, free. Export duty on sugar, Is. 2Jd. per 100 lbs. when in British ships, and 2s. 2d. in foreign do. Entrepot tax 1 per cent, on British; and 1J per cent, on foreign goods. The Colonial Revenue is about £180,000. MEAD or METHLEGIN, a liquor of ancient use in Britain, prepared by fer- menting honey and water with a small quantity of spices and ground malt. MEASURES are, in commerce, of two kinds : those which have reference to geometrical qualities, or the attributes which belong to extension ; and those which ave regard to the physical quality of gravity, or weight. But as all the physical properties of matter have an inseparable connexion with extension, the unit of the measures of length may be held as the elementary foundation of both : its square affords the unit of the measures of surface, and its cube the unit of the measures of capacity ; while from this last may be derived the unit of the measures of weight, — a vessel of any stated capacity filled with water, or any other homogeneous fluid, always weighing the same in the same latitude. Standards are those measures of public or acknowledged authority by which others are adjusted. The importance of accurate standards has always rendered their adjustment and preservation objects of the highest interest. Until of late years, however, none of those in use could be considered as strictly invariable, in consequence of the artificial bases on which they were established, and their ten- dency, as material substances, to gradual decay. But in several countries, the continued accuracy of the standards is now secured by their relation being fixed to some unchangeable object of nature. The objects preferred for this purpose have been, 1*/, The length of a portion of the meridional circle ; and, 2c?, The length of a pendulum vibrating seconds of mean time. The first was adopted by the French in the year 1795, when the metre, which is the foundation of their present system of measures, was fixed at the ten-millionth part of the quadrant of the meridian, or 39*37079 inches ; and the second was so far adopted by the British government on the introduction of the Imperial system, that the length of the standard yard, as compared with that of a pendulum vibrating seconds in the latitude of London (at 62° Fahrenheit, and in a vacuum at the level of the sea), is determined to be in the proportion of 36 inches to 39*1393 inches.* * Since the above was written, a Report (December 21, 1841) has appeared from Messrs Airy, Baily, Bethune, Herschel, and other scientific commissioners appointed by government to consider the steps to be taken for restoration of the metrical standards which were destroyed in the burning of the Houses of Parliament in 1834. From this report it appears that the use of the natural constants referred to in the text will not reproduce the values of the original standards without sensible error ; and that in future it will be best to adopt a certain brass rod, and a certain brass weight, as the standards of extension and weight, respectively; which, with four parliamen- tary copies, the commissioners recommend should be fabricated from the best existing copies of the former standards, and placed securely in public repositories. They at the same time suggest, that the avoirdupois pound should be assumed as the unit of weight; and that the troy pound, the avoirdupois weights above 10 lbs. (as the stone, hundredweight, &c), and the avoirdupois dram, should be abolished, and other weights in the ascending decimal scale of troy ounces and avoirdupois pounds, and in the descending decimal scale from the avoirdupois pound, should be substituted in their place. Other moderate changes of a systematic kind are recommended, particularly with the view of introducing the decimal scale — as a milyard, or mile of 1000 yards, a 10 gallon measure, and the more complete incorporation of the land-chain and its decimal multiples and divisions, with both our measures of length and of surface. The commissioners likewise direct public attention to the advantage of a decimal system of coinage. [Money.] MEA 470 MEA The Imperial measures were introduced by the act 5 Geo. IV. c. 74 (1824), and came into operation on January 1, 1826. This law, however, failed to produce a satisfactory uniformity in practice; and it was not until after the abolition of the heaped measures, and the introduction of the regulations of the act 5 & 6 Wm. IV c. 63 (September 9, 1835), that they were generally adopted. In the Imperial system, the legal measures of extension and weight are continued as before ; but a new measure of capacity is substituted for a variety of corn, wine, and beer meas- ures, previously in use throughout the kingdom. The standards fixed were as fol- lows : — The " Imperial standard yard," or brass " standard yard of 1760," bearing the proportion to the pendulum already mentioned. The " Imperial standard gallon, containing 10 lbs. avoirdupois, or 277*274 cubic inches of distilled water at 62° Fahrenheit, the barometer being at 30 inches. The old troy pound of 1758, containing 5760 grains; one cubic inch of distilled water at 62° Fahrenheit, the barometer being at 30 inches, weighing 252*458 of such grains ; and 7000 of such grains are declared to be equivalent to the avoirdupois pound. The chief other provisions in the act are the following : — "Weights and measures must be duly stamped by the inspectors, after being compared with the copies ; and those using them either not stamped, or found light or unjust, forfeit a sum not exceeding £5, with the weights or measures, and the contract is annulled. No weight above 56 lbs., or wooden or wicker measure used in the sale of lime, or glass or earthenware drinking- vessel, requires to be stamped ; but any person, buying by any such measure represented as of any amount of imperial measure, may require the same to be tested by a stamped measure, and if the seller refuse to do so, or the measure is found deficient, he becomes liable to the above penalty. Weights made of pewter or lead cannot be stamped or used unless cased with brass, copper, or iron. Weights of 1 lb. or more must have the number of pounds, and measures must have their con- tents, denominated in legible figures and letters. Justices and magistrates, or any inspector authorized by them in writing, may, at all seasonable times, enter any shop, warehouse, or other place, within their jurisdiction, where goods are sold or weighed, and examine the weights, weighing-machines, and measures used there ; and on any of these being found illegal or fraudulent, or their not being produced, or the investigation being obstructed, parties become liable in a penalty not exceeding £5. Local and customary measures, including the Winchester bushel and Scotch ell, abolished, and not to be used under a penalty not exceeding 40s. ; but any vessel not represented as containing any imperial, fixed, or customary measure, may be used in the sale of articles. The use of the heaped measure is prohibited ;' and coal, slack, culm, or cannel, must be sold by weight. All articles sold by weight must be sold by avoirdupois weight, except gold, silver, platina, diamonds or other precious stones, which may be sold by troy weight ; and drugs, which, when sold by retail, may be sold by apothecaries* weight. A stone- weight is to consist of fourteen pounds avoirdupois. The fiar prices in Scotland must be struck by the Imperial quarter. Persons printing, or clerks of markets returning price-lists, journals, or papers, with a denomina- tion of weights and measures greater or less than the Imperial, forfeit a sum not exceeding 10s. for every copy. BRITISH MEASURES ACCORDING TO THE IMPERIAL STANDARDS, WITH THEIR EQUIVALENTS IN THE METRICAL SYSTEM OF FRANCE. I. Measures of Length. Metres. 12 inches = 1 foot 0-30479 3 feet = 1 yard. 0-91438 5J yards = 1 pole, rod, or perch. 5-02911 40 poles = 1 furlong. 201-16436 8 furlongs or 1760 yards = 1 mile. 1609-31492 Special Measures of Length.— The hand = 4 inches ; the pace = 5 feet ; and the fathom = 6 feet. The geographical degree = 20 nautical leagues, or 69*121 miles. In land measure, the chain of 100 links = 66 feet. II. Measures of Surface. Ares. 144 square inches = 1 sq. foot. 0-000929 9 square feet = 1 sq. yard. 30J sq. yards, or 2724 sq. feet = 1 sq. pole. 40 square poles = 1 rood. 4 roods, or 4840 square yards = 1 acre. The acre also contains 10 square chains ; and 640 acres make 1 sq. mile, equal 258-989 hectares. 0-008361 0-252919 10-116775 40-467102 III. Measures of Capacity. 1. General Measure of Solidity. I Cu>). Metre. 1728 cubic inches = 1 cubic foot. 0-028315 27 cubic feet = 1 cubic yard. ' 0764513 The ton measurement for shipping contains 8 barrel-bulk, or 40 cubic feet. 2. Measures for Liquids and Corn.* Litres. 8665 cubic inches = 1 gill 4 gills 2 pints 4 quarts 2 gallons 4 pecks 8 bushels 10 quarters 1 pint. = 1 quart. = 1 gallon. = 1 peck. = 1 bushel. = 1 quarter. = 1 last. 0-142 0-568 1-136 4-543 9-087 36-348 290-781 2907-815 The measures higher than the gallon are not used for liquids. In Beer Measure, the barrel contains 4 firkins or 36 galls. ; and the hogshead 1 1 barrel or 54 galls. In Wine Measure, besides the gallon and its subdivisions, various denominations are used, * In Ireland, grain is commonly sold by weight ; a practice which is also followed in Liverpool, except in sales of malt and barley for malting purposes. In the latter place, wheat is sold by the 70 lbs. ; oats by the 45 lbs. ; and barley for grinding by the 60 lbs. weight. [Corn.J MEA 471 MEA as the butt, pipe, and others specified below ; but these are now to be considered rather as the names of casks than as expressing any definite number of gallons- The standard gauges recog- nised in trade are described in the article Wine. IV. Measures of Weight. I. Avoirdupois or Commercial Weight. Kilogrammes. 2. Troy, or Gold and Silver Weight. Grammes. 24 grains = 1 penny wgt. 1-555 20 pennyweights = 1 ounce. 31-100 12 ounces, or 5760 grains = 1 pound. 373*202 The troy pound is less than the avoirdupois in the proportion of 14 to 17 nearly ; but the troy ounce is greater than the avoirdupois in the pro- portion of 79 to 72 nearly. The mode of expressing the fineness of gold and silver is explained in the articles Coin and Plate. Diamond Weight. — Diamonds are weighed by carats, 151 i of which make one ounce troy ; the carat is therefore equal to 3$ troy grains. Pearl Weight.— The troy ounce contains 600 pearl grains, and hence one pearl grain is |ths of a troy grain. Apothecaries' Weight — 20 troy grains make 1 Flour Weight. — 1 peck = 14 pounds ; 1 boll scruple, 3 scruples make 1 dram, and 8 drams = 140 pounds ; 1 sack = 280 pounds, or 2 J hun- make 1 troy ounce. This weight is used in med- dredweight ; 1 barrel = 19 i pounds. ical prescriptions only. Tables for the mutual Conversion of the British and French Measures.* •34 troy grains = 1 dram. 0-0018 16 drains = 1 ounce. 00283 16 ounces, or 7000 grains = 1 pound. 0-4535 14 pounds = 1 stone. 6-3496 28 pounds = 1 quarter. 12-6992 4 quarters, or 112 pounds = 1 hundred- weight. 507969 20hundredwgts. or 2240 pounds = 1 ton. 1015-9388 tret. ( Yard*- Hec- tare*. Acres. Litre* gXEs. Hecto- litres. quart es. Grammes Troy grains. Kilo. rrammes. Lbs. avoird. 1 1-09363 1 2-47114 1 0-22010 1 0-34390 1 15-434 1 2-20486 2 218727 2 4-94229 2 0-44019 2 0-68780 2 30-868 2 4-40971 3 3-28( 190 3 7-41343 3 0-66029 3 1-03170 3 46-302 3 661457 4 4-37453 4 9-88457 4 0-88039 4 1-37560 4 61-736 4 8-81943 5 5-46817 5 12-35572 5 1-10048 5 1-71950 5 77*170 5 11-02429 6 6-56180 6 14-82686 6 1-32058 6 2-06341 6 92-604 6 13-22914 7 7-65543 7 17-29800 7 1-54068 7 2-40731 7 108-038 7 15-43400 8 8-74906 8 19-76914 8 1-76077 8 2-75121 8 123-472 8 17*63886 9 9-84270 9 22-24029 _9_ 1-98087 9 3-09511 9 138-906 9 19-84371 Yards. Metres. Acre*. Hectares. galls. Litres. Imp. qrs. Hecto- litres, Troy (Trains. Grammes. Lbs. Kilo- grammes. 1 0-91438 1 0-40467 1 4-54346 1 2-90781 1 0-06479 1 0-45354 2 1-82877 2 0-80934 2 9-08692 2 5-81563 2 0-12958 2 0-90709 3 2-74315 3 1-21401 3 13-63038 3 8-72344 3 0-19438 3 1-36063 4 3-65753 4 1-61868 4 1817384 4 11-63126 4 0-25917 4 1-81418 5 4-57192 5 2-02336 5 22-71730 5 1453907 5 0-32396 5 2-20772 6 5-48630 6 2-42803 6 27*26076 6 17-44689 6 0-38875 6 2-72126 7 6-40068 7 2-83270 7 31-80422 8 36-34768 7 20-35470 7 0-45354 7 317481 8 7-31507 8 3-23737 8 23-26252 8 0-51834 8 3-62835 9 8-22945 9 3-64204 9 140-89114 9 26-17033 9 058313 9 4-08190 These tables are also equalization tables of prices, as well as of measures and weights, but in the inverse ratio of the latter. Thus, for example, 9 lbs. = 4*0819 kilogrammes ; but when the price of a kilogramme = 9 francs or shillings, the price of a pound = 4-0819 francs or shillings : also 9 kilogrammes = 19-84371 lbs. ; but when the price of 1 lb. = 9 francs or shillings, the price of 1 kilogramme = 19*84371 francs or shillings. — ( Vide note on p. 472.) PRINCIPAL OLD MEASURES SUPERSEDED BY THE IMPERIAL SYSTEM. England. j convert Imperial gallons into wine gallons, add Measure 0/ Length.— The ell = 45 inches. |th to the former ; and to convert prices per Im- Wine Measure. — The gallon equal 4 quarts, 8 1 perial gallon into prices per wine gallon, deduct pints, or 32 gills, and contained 231 cubic inches, i |th from the former. or 3785 French litres. Of these gallons the an ker contained 10, the rundlet 18, the tierce 42, the hogshead 63, the puncheon 84, the pipe or butt 126, and the tun 252. The Imperial gallon contains 277*274 cubic inches; therefore 1 wine gallon equal 0-833111 Imperial gallon ; and 1 Imperial gallon equal 1*200320 wine gallon. The wine gallon is thus almost exactly |th less than the Imperial ; or 5 Imperial gallons equal 6 wine gallons. Hence, to convert wine gallons into Imperial gallons, de- duct l;th from the former ; and to convert prices per wine gallon into prices per Imperial gallon, add *th or 20 per cent, to the former. Again, to Ale and Beer Measure.— -The gallon divided in the same manner as the wine gallon, and equal 282 cubic inches, or 4-6209 French litres. Of these gallons the firkin contained 9, the kilder- kin 18, the barrel 36, the hogshead 54, the pun- cheon 72, the butt 108, and the tun 216. One ale gallon equal 1*017045 Imperial gallon ; or 1 Imperial gallon equal 0-983241 ale gallon ; hence approximately 59 ale gallons equal 60 Im- perial gallons. Heaped Measure —The bushel 19J inches wide from the outside, 8 inches deep, and measuring 2217-6 cubic inches ; but when heaped in the form of a cone above the brim, 2815J. Three heaped * The elementary equations used in the comparison of the French and British measures are as follow :— For extension, the metre = 39-37i>79 ; for weight, the kilogramme = 15434 troy grains. The former is stated 011 the authority of the second Report of the Parliamentary Commission on British Weights and Measures, and of the Annuaire of the French Board of Longitude; the latter according to the London Mint R.port on attested Standards, sent to Lord Castlereagh, by D. R. Morier, Esq., Consul-general at Paris, 1820. MEA 472 MEA bushels made a sack, 12 sacks a chaldron, and 21 chaldrons a score. This measure was used for coals, culm, lime, fish, potatoes, and other com- modities. Apples and pears were commonly sold by the Winchester bushel heaped. Winchester or English Standard Corn Mea- sure. — The denominations of this measure were the same as the Imperial. The Winchester bushel contained 2150*42 cubic inches, or 35-237 French litres. The Imperial bushel contains 2218tl92 cubic inches ; hence 1 Winchester bushel or quarter equal 0*969447 Imp. bushel or quarter, and 1 Imp. bushel or quarter equal 1*031516 Win- chester bushel or quarter ; or approximately 33 Winchester bushels or quarters equal 32Imperial. SCOTLAND. Measures of Length.— The standard Scottish ell of 36 Scots or 37*0598 Imperial inches. 6 ells made 1 fall ; 40 falls 1 furlong ; and 8 furlongs or 1920 ells made 1 mile, equal 1976*522 Imperial yards. Hence 10 Scots miles equal 1 14 Imperial or statute miles nearly. The chain of 100 links, used for land measure, was equal to 24 ells, 74*1196 Imperial feet, or 1*123024 Imperial chains. Weights.— The standard Scottish Troyes or Dutch pound of 16 ounces, or 256 drops, equal 7608*95 troy grains, or about Ath heavier than the avoird. pound. The Lanark stone contained 16 of these pounds, or 17*391885 lbs. avoird. The Scottish tron weight used for butter and cheese varied in different places. The standard Scottish meal boll contained 8 stones Dutch, or 139*135 lbs. avoird. ; but usually reckoned 140 lbs. in consequence of the Dutch or Lanark stone being estimated at 17J lbs. avoird. , Liquid Measures.— The Scots gallon of 8 pin ts, ;16chopins,32mutchkins,orl28gills,equal3*00651, or rather more, than 3 Imperial gallons. The Scots anker of 20 pints equal about 7i Imp. galls. Measures of Surface.— 36 square ells equal 1 square fall, 40 square falls equal 1 rood, and 4 roods equal 1 acre, equal 1*261183 Imperial acre. To convert, therefore, Scots acres into Imperial, multiply by 1*261183; and to convert Imperial acres into Scots, multiply by 0*792906. Approxi- mately, 23 Scots acres equal 29 Imperial acres ; or more nearly, 134 Scots acres equal 169 Impe- rial acres. • Hence Scots acres are convertible into Imperial acres by multiplying the number of the former by 169, and dividing the product by 134. On the other hand, Imperial acres are convertible into Scots acres by multiplying by 134, and dividing the product by 169. Similarly to convert prices of land per Scotch measure into prices per Imperial, multiply the former by 0*792906 ; or approximately deduct £th, or more nearly 4s. l|d. per £1 from the Scots price. Again, to convert Imperial prices into Scots, multiply the former by 1*261183 ; or ap- proximately add ith, or more nearly 5s. 23d. per £1 to the Imperial price. Corn Measures.— See the article Boll. IRELAND. 100 Irish gallons = 78$ Imp. gallons. 11 Irish miles — 14 Imp. miles. 121 Irish Planta- tion acres = 196 Imp. acres. 24 Cunningham acres = 31 Imp. acres nearly. Reciprocal Conversion of Winchester and Imperial Measures." Winchester into Imperial. Imperial into Winchester. Win. Imperial Win. Imperial 1 Win. Imperial Imp. Winchester Imp. Bush. Winchester Qra. Quarters. Bush. Quarters. Pecks. Quarters. Qrs. Quarters. Quarters. Pecks. Quarters. 1 0*969447 1 0*121181 1 •03030 1 1*031516 1 0*128939 1 •03223 2 1*938894 2 0*242362 2 •06059 2 2*063031 2 0*257879 2 •06447 3 2*908341 3 0*363543 3 •09089 a 3*094547 3 0*386818 3 •09670 4 3*877788 4 0*484723 Gals. 4 4*126063 4 0*515758 Oal. 5 4*847235 5 0*605904 1 •01515 5 5*157579 5 0*644697 1 •01612 6 5*816682 « 0*727085 Quarts. 6 6*189094 6 0*773637 7 6*786129 7 0*848266 1 •00379 7 7*220610 7 0*902576 1 •00403 8 7755576 8 0*969447 2 •00757 8 8-252126 8 1*031516 2 •00806 9 8725023 9 1*090628 3 •01136 9 9*283641 1 9 1*160455 3 ■01 209 As the Winchester and Imperial quarters are similarly divided, the first two columns in the right-hand Table will also serve for the conversion of Winchester bushels, pecks, gallons, and quarts respectively, into the same denominations in Imperial ; while the inverse operation may be performed by means of the first two columns in the left-hand Table. Reciprocal Conversion of Prices per Winchester and Imperial Measures. Winchester into Imperial. Imperial into Winchester. Win. Imperial. Win. Imperial. Win. Imp. Imp. Winchester. Imp. Winchester. Win. a s. s. d. s. d. d. 1 1 0i 20 20 7J 1 1 1 113 20 19 43 1 2 2 0| 25 25 9i 2 2 2 i m 25 24 23 2 2 3 3 li 30 30 \\k 3 3 3 2 11 30 29 1 3 3 4 4 li 35 36 U 4 41 4 3 10J 35 33 Hi 4 4 5 5 2 40 41 34 5 54 5 4 10* 40 38 94 5 43 6 6 2i 50 51 7 6 64 6 5 93 50 48 53 6 53 7 7 2| 60 61 103 7 74 7 6 9J 60 58 2 7 63 8 8 3 70 72 2i 8 84 8 7 9 70 67 104 8 73 9 9 3J 80 82 64 9 9i 9 8 83 80 77 63 9 83 10 10 M 90 92 10 10 104 10 9 8k 90 87 3 10 93 15 15 H 103 1| 11 114 15 14 6J loo 96 114 11 103 * These tables being expressed decimally, we have deemed it unnecessary to go higher than the nine digits, as the others can readily be obtained from them, merely by transposition of the decimal point, and addition. Thus, as 9 Winchester qrs. = 8*725023 Imperial qrs. ; 90 Winchester qrs. = 87*25023 Imp. qrs. , and adding these respective quantities, we have 99 Winchester qrs. = 95*9/5253 Imp qrs. [Decimal Fractions.] MEA 473 MEA Table for Converting Scots Land Measure into Imperial ; and also for Converting Prices per Scots Measure into Prices per Imperial Measure. Scots into Imperial Land Measure. Conversion of Prices. Scots J mi* nil Scots Imperial Scots Imperial Scote. Imperial Scots. Imperial. Scots. Imp. •ere. men. acre. acre. a. s. d 0. ± 0-3152959 1 •00788 1 •00022 1 15 10i 1 9i I November ) June September \ December / January (leap year) . . . S April > July ) Sundays. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 M 26 27 28 29 30 31 A B C D E F G B C D E F G A C D E F G A B D E F G A B C E F G A B c » F G A ii C D E G A B D E F Use. — To find the day of the week answering to May 4, 1840. — Above 1840 in the left-hand table, is found the Dominical or Sunday Letter D ; and over D, contiguous to May, in the right-hand table, is the figure 3, the date of Sunday ; the 4th, therefore, is Monday. The converse of this operation, namely, to find the day of the month corresponding to the day of the week, is too evident to require illustration. The months January and February, it will be observed, are to be referred to separately in leap years : such years may be known by a blank space always preceding them in the left-hand table. The Mohammedan Kalendar dates from the flight of the prophet from Mecca to Medina, which, according to the civil calculation, occurred on July 16, a.d. 622, hence called the epoch of the era of the Hegira. The years of the Hegira are lunar years, and contain 12 lunar months, each commencing with the new moon ; a prac- tice which leads to great confusion, as each lunar month retrogrades through all the different seasons in nearly 32.^ solar years. The months consist, like ours, of weeks, each day of which begins in the evening after sunset. As the lunar year consists of 354 days and ll-30ths of a day, a fraction which, in the course of 30 years, amounts to 11 days; the years of the Hegira are divided into cycles of 30 years; 19 of which are termed common years of 354 days each, and the 11 others intercalary, or abounding years, from their consisting of one day more : these are the 2d, 5th, 7th, 10th, 13th, 16th, 18th, 21st, 24th, 26th, and 29th. To ascertain whether any given year be intercalary or not, divide it by 30 ; and if any of the above numbers remain, the year is one of 355 days. In chronology, history, and public documents, the Turks use months which contain alternately 30 and 29 days, except the last month, which in intercalary years contains 30 days. The names of these months, with the length of each, are as follow : — Moharram, 30; Saphar,29; Rabia I. 30; Rabia II. 29 ; Guimadhi I. 30 ; Guimadhi II. 29 ; Redgeb, 30 ; Scha- ban, 29; Ramadhan, 30; Schoual, 29; Dhu'l Kadah, 30; Dhu'l Hajjah,29, and in intercalary years 30 days. The day on which any year of the Hegira begins will be ascertained with toler- able accuracy by the following calculations : — Multiply the years elapsed by 970203; cut off six decimals; add 622*54, and the sum will be the year of the Christian era, and decimal of the day following in old style. Again, to reduce the Christian era to the Mohammedan, subtract 622 from the current year ; multiply by 1"0307; cut off four decimals, and add '46 : the sum will be the year and decimal of the day, old style. The following table, derived from the splendid French work " L'Art de Ve- rifier les Dates, shows the day of the Christian kalendar on which each Moham- medan year begins, from a. d. 1840 to 1900; from which, and the preceding list of months, the general correspondence of dates may be easily determined. MEC 475 MEE Anno Hcf. Anno Dum. Anno Heg. Anno Dom. Anno Heg. Auno Dom. Dec. 4 1256* 1840 March 5 1277 I860 July 20 1298 1880 1-257 1841 Feb. 23 1278* 1861 July 9 1299 1881 Nov. 23 1S58 1842 Feb. 12 1279 1862 June 29 1300* 1882 Nov. 12 1259* 1843 Feb. 1 1280 1863 June 18 1301 1883 Nov. 2 1260 1844 Jan. 22 1281* 1864 June 6 1302 1884 Oct. 21 1261 1845 Jan. 10 1282 1865 May 27 1303* 1885 Oct. 10 1262* 1845 Dec. 30 1283 1866 May 16 1304 1886 Sept. 30 1263 1846 Dec. 20 1284* 1867 May 5 1305 1887 Sept. 19 1864 1847 Dec. 9 1285 1868 April 24 131)6* 1888 Sept. 7 1265* 1848 Nov. 27 1286* 1869 April 13 1307 1889 Aug. 28 1266 1849 Nov. 17 1287 1870 April 3 1308* 1890 Aug. 17 1267* 1850 Nov. 6 1288 1871 March 23 1309 1891 Aug. 7 1268 1851 Oct. 27 1289* 1872 March 11 1310 1892 July 26 1269 1852 Oct. 15 1290 1873 March 1 1311* 1893 July 15 1270* 1853 Oct. 4 1291 1874 Feb. 18 1312 1894 July 5 1271 1854 Sept. 24 1292* 1875 Feb. 7 1313 1895 June 24 1272 1855 Sept. 13 1293 1876 Jan. 28 1314* 1896 June 12 1273* 1856 Sept. 1 1294 1877 Jan. 16 1315 1897 June 2 1274 1857 Aug. 22 1295* 1878 Jan. 5 1316* 1898 May 22 127 -> 1858 Aug. 11 1296 1878 Dec 26 1317 1899 May 12 1276* 1859 July 31 1297* 1879 Dec. 15 1318 1900 May 1 * Intercalary or abounding years. In scientific computations, the Mohammedans use the solar year ; but always according to the Julian kalendar or old style. MECKLENBURG-SCHWERIN, a grand-duchy lying inN. Germany, between the Baltic and the Elbe, contiguous to Prussia, Hanover, and the territory of Lu- bec. Area, 4788 sq. miles. Population, 494,530. Government, a constitutional monarchy. The country is generally level and fertile ; agriculture is the chief employment of the people ; and the manufactures are inconsiderable, though some pains are bestowed on those of linen and woollen. The exports consist almost wholly of farm-produce ; and, according to Mr Meek's re- port {Par. Paper, 1842: No. 7), they amounted, on an average of the 3years 1839-1841, to 205,699 quarters wheat ; 72,674 qrs. rye ; 56,243 qrs. barley ; 29,665 qrs. oats ; and 28,587 qrs. pease ; besides 800, Of K) lbs. wool, mostly of fine quality, 1,550,000 lbs. bones, rapeseed cake, hides, and other articles. The imports embrace most kinds of manufactures and tropical produce, salt, wine, tallow, hemp, &c. The foreign trade is conducted partly through Hamburg by the Elbe, but chiefly at the ports of Rostock and Wismar on the Baltic, and the principal intercourse is with England. The trade of the grand-duchy, however, is much checked by the vicinity of Hamburg and Lubec, and the heavy duties imposed by the Prussian tariff. Rostock, the chief port and largest town, lies in lat. 54° 5' N., long. 12° 20 7 E. on the river War- now, about 9 miles from its mouth ; pop. 18,200. In 1840, 702 vessels entered the port; and about 230 vessels, burthen 35,332 tons, belong to it. In the S. of Mecklenburg, Prussian monies and measures are common. The Duties are levied according to a tariff published in Rostock in 1748, called the Accise Rolle ; and at that port they average, including town duties, contributions, and bridge-money, about 3 per cent. Those on exports do not ex- ceed this rate. The port charges at Rostock are very small, indeed lower than at any other place in the Baltic The Revenue is about £440,000, of which nearly £250,000 are produced by the domains. The debt is about £720,000. Measures and Weights. — At Rostock the ell of 2 feet = 225 Brit, inches. The liquid mea- sures are the same as in Lubec. The Rostock corn scheffel = 1-07 Brit, bushel. 100 Ros- tock lbs. = 112 lbs. avoird. ; but the weights chiefly used are those of Lubec and Hamburg. Money. — Accounts are stated in thalers or dollars of 48 schillings, each of 12 pfennings ; also in marks of 16 schillings. The dollar = 3s. 4Ad. The principal coin is the Constitution I piece, which is estimated at 32 schillings. Foreign exchanges are transacted chiefly through the medium of Hamburg, the usual rate being 130 dollars for 300 marks banco. MECKLENBURG-STRELITZ,a grand-duchy contiguous to the foregoing, with which indeed it is united by a compact called the Landes-Union, made in 1523. Area, 1092 sq. miles ; pop. 89,528. Being situated at a distance from the ocean, and of small size, it possesses no commercial interest. [Germany.] MEDIDA5 a Brazilian measure equal 4f Imp. pints nearly. MEDLAR, the fruit of the Mespilus Germanica, a native of the south of Eu- rope, but cultivated, though to a small extent, in this country. It resembles the smaller apples, and possesses considerable flavour, but does not attain the ripe- ness fit for use until some time after it has been taken from the tree. The Notting- ham medlar is the finest, but the Dutch, a larger variety, is the kind most prized in England. MEERSCHAUM, or earthy carbonate of magnesia, is a light substance, of a wbite or yellowish colour; soft when first dug, but hardens on exposure to the air. Principal localities, Samos, Negropont, Natofia, and Moravia. It is the material used in the manufacture of Turkish pipes, and is also employed as fuller's earth. MER 476 MEX MERCANTILE SYSTEM, a theory of political economy, formerly in high repute, which was based on the principles that wealth consisted in gold and silver, and that those metals could be brought into a country that had no mines only by exporting to a greater amount than it imported. Its two great engines for en- riching the country, therefore, were restraints upon importation, and encouragements to exportation. Importation was restrained by imposing prohibitions or high duties, — 1st, Upon such foreign goods for home consumption as could be produced at home ; and, 2d, Upon goods of almost all kinds from those particular countries with which the balance of trade was supposed to be disadvantageous. Exportation again was encouraged by — 1st, Drawbacks ; 2d, Bounties ; 3d, Securing commercial privileges in some foreign state beyond what were granted to other countries ; and, 4th, Monopolizing wholly or partially the trade of the colonies. The mercantile system was overthrown by Adam Smith, by whom it is discussed in the fourth book of the Wealth of Nations, to which we must refer for a full exposition of its fallacies. In the present work, further information will be found under the heads Balance of Trade, Bounty, Colony, and Commerce. MERCURY or QUICKSILVER (Ft. Mercure. Ger. Quecksilber. Sp.Azogue), a brilliant silver- white metal, distinguished by being fluid at a natural temperature. Sp. gr. 13'57. It boils at 670°. At 40° below zero it becomes solid. When thrown on a table it collects into a globule, and, provided it is pure, runs without leaving a tail. Mercury is found native in small quantities ; but for commercial purposes it is always extracted from the ore called cinnabar, a bisulphuret of the metal, found in Austria, Spain, Japan, China, and South America. The most productive mines are those of Almaden, near Cordova in Spain, which have been worked up- wards of 2000 years ; of Idria in Austria, and ot Huancavelica in Peru. It occurs massive and crystallized, and of a red colour. Cinnabar is also prepared artificially by a combination of 8 parts mercury and 1 of sulphur ; and the product is a red crystallized mass, which, when reduced to powder, is a beautiful scarlet, extensively employed as a pigment under the name of vermilion. Mercury is principally employed for amalgamation with other metals, chiefly gold and silver, so as to extract them from their ores. It is used also in gilding, in silvering mirrors, and for various philosophical instruments. In medicine it is employed in several forms. The whitish insipid powder termed calomel is the pro- tocnloride of mercury; and the acrid nauseous white substance, known as corrosive sublimate, is the bichloride. The latter has of late been likewise extensively em- ployed for the prevention of dry-rot. See Quicksilver, in Supplement. The imports of mercury into this country, almost wholly from Spain, amount annually to about 2,000,000 lbs. ; of which about one-eighth only is entered for home consumption. The remainder is re-exported chiefly to Mexico and Chili ; but in considerable quantities also to Guatemala, the United States, and East Indies ; while smaller shipments are made to Russia, Germany, Belgium, and other places. Tares, in leather bags, 4 lbs. each ; in iron bottles, weighing 3 qrs. 8 lbs., 15 lbs. per bottle. MERINO, a fine kind of woollen fabric. [Woollen Manufactures.] METRE, the rudimentary unit of the metrical system of France, fixed at the ten-millionth part of the quadrant of the meridian, is equal 39'37079 inches. MEXICO, UNITED STATES OF, formerly the viceroyalty of New Spain, is now a federative republic, occupying the S. part of North America and N. part of Central America, betwixt 16° and 42° N. lat. It consists of 19 states, 5 territories, and a federal district, besides an extensive outlying tract. Area of the states, 833,600 sq. miles. Population of the whole, variously estimated at from 6,000,000 to 8,000,000, of which about one-half are Indian aborigines, 1,250,000 whites, and the remainder mixed races. Capital, Mexico, an inland city ; pop. 140,000. The Congress of the union consists of a president, vice-president, and of two legislative bodies — the Senate and the House of Representatives. About one-half of the surface of Mexico is situate within the tropics, while the rest belongs to the temperate zone ; but of the former more than three-fifths have a mild atmosphere, as nearly the whole interior is composed of an immense table-land of the mean height of 7000 feet, continuous with the Andes of S. America, and running from 18° to 40° N. latitude. In the course of this tract, however, detached mountains occur which rise into the region of perpetual snow. The table-land gradually declines towards the temperate zone ; but the descent towards the coasts, especially the E. coast, is by a graduated series of terraces, which produce an extraordinary diver- sity of vegetation, and at same time oppose great difficulties to the communication between the maritime districts and the interior, rendering it difficult to transport merchandise, except on muleback. In the equinoctial region there are only two seasons,— the wet, from June or July to September or October, and the dry, which lasts eight months : in this district the different climates rise as it were one above another from the shore, where the mean temperature is about 78° Fahr., to the central plains, where it is about 62°. The coast is humid and unhealthy for strangers, but MEX 477 MEX the table-land is remarkable for its salubrity ; most of the population of the country being concen- trated upon the latter. The summit of the "table-land is almost destitute of vegetatioD, owing to the absence of moisture ; but muriate of soda and other saline substances exist in great abundance. The remaining districts are in general productive. Maize is the chief object of culture ; besides which, the banana, manioc, the cereal grains, rice, and the potato, form the common food of the people. The Mexican wheat is of the finest quality, and would form a staple export, but for the difficulty of transporting it to the seacoast. The narrow insalubrious plain along the coast called the tierra caliente, or hot country, is remarkable for its luxuriant vegetation. The chief productions are the sugar-cane, cotton, cocoa, indigo, and tobacco. The southern part of the country, forming the isthmus, is celebrated for the variety and importance of its woods and medicinal plants, — including logwood, caoutchouc, vanilla, jalap, and storax, besides the tree which nourishes the cochineal insect. Vast herds of horses, mules, and horned cattle cover the plains of the northern states. The mines of Mexico, however, constitute the chief source of its wealth, particularly those of silver, which indeed are by far the most valuable in the world. Gold is obtained, but only in small quantities. Copper, tin, iron, lead, and mercury, are also to be found. The gold is procured chiefly from river deposits by washing, particularly in the province of Sonora : the veins of this metal are most common in Oaxaca. The silver is mostly procured from veins, and the following is a list of the richest mines : — Guanaxuato, in state or province of that name ; Catorce, in San Luis Potosi ; Zacatecas, in province of that name ; Real del Monte, near Mexico ; Bolanos, in Xalisco ; Guarisamey, in Durango ; Sombrerete, in Zacatecas ; Tasco, near Mexico ; Batopilas, in Durango ; Zuriapan, near Mextco ; Tresnillo, in Zacatecas ; Ramos, in San Luis de Potosi ; Parral, in Dur- ango. According to Mr Ward (Mexico in 1827, vol. ii. p. 38), the annual average produce of the mines before the revolution in 1810 amounted to §24,000,000 (£4,800,000), and the average exports to $22,000,000 (£4,400,000) ; but after that event, the unsettled state of the country, the emi- gration of the Old Spaniards, and the withdrawing of the funds which kept the mines in operation, caused a great falling off; and in 1821, when the separation from the mother-country became inevitable, the coinage sunk to $8,067,560 (£1,613,512). In a few years afterwards, extraordinary efforts began to be made by British capitalists to restore the mines, and during the speculative excitement of 1825, many joint-stock companies were formed for this purpose. These associations began with spirit, and their shares speedily attained extravagant premiums ; but it was soon found that almost every thing had to be reconstructed. The expenses attending the preliminary opera- tions absorbed nearly the whole subscribed capital ; while, owing to the defective mode of extract- ing the ore, and the mismanagement of many of the companies' agents, the produce was much less than was expected ; and, in consequence, many of the undertakings were abandoned. Within a few years, no less than £3,000,000 of British capital were expended in enterprises connected with these mines ; besides considerable investments by American and German companies. Notwith- standing these exertions, and the more improved processes which are understood to have been lately adopted, the silver produced at present is not estimated to exceed £2,300,000 ; nor the gold, £100,000; the former being thus only about one-half, and the latter scarcely above one-third of the amount produced before the revolution. [Bcllion.] The English companies at present in operation are six in number, and the funds invested by each are estimated as follows : — Real del Monte, £500,000; United Mexican, £1,200,000; Anglo- Mexican, £1,000,000; Bolanos, £150,000; Halpuyahua, £180, 000; Catorce, £'60,000. The Bolanos is said to have been the most successful. Manufactures in Mexico are generally in a rude state. The best were formerly those of gold and silver-plated articles, though these have now probably declined ; coarse earthenware, woollens, and cottons, are made in some parts of the interior ; also soda, soap, gunpowder, and leather. The external commerce of Mexico, viewed comparatively with its population and natural re- sources, is inconsiderable. This is occasioned partly by the difficult communication between the interior and the coast, but mainly to the continued dissensions which have prevailed since the revolution. The exports, which may be estimated at from £3,000,000 to £3,500,000 a-year, consist chiefly of silver, which, with cochineal and gold, is mostly sent to Britain ; there are, be- sides, sugar, copper (sent from Gaymas to China), indigo, coffee, cotton, hides (shipped from Upper California), tobacco, jalap, sarsaparilla, vanilla, Campeachy wood, and other drugs and dye-woods. The principal import is quicksilver, of which about 6,000,000 lbs. are annually consumed in the mines; it is mostly brought from England, into which it is carried from Spain; cot- tons, woollens, and linens, are brought from Britain, also iron, hardware, arms, and earthen- ware ; glass-ware and linen from Germany ; paper from Italy and France ; wine and brandy from Spain and France ; olive-oil from Spain ; hats from France ; spices from England, East Indies, and China ; silks from China, Britain, and France ; cocoa from Venezuela and Ecuador. The declared value of British produce and manufactures sent annually to Mexico fluctuates gen- erally between £400,000 and £700,000. An extensive trade is carried on with the United States, where most of the Mexican products find a ready market, and are paid for in the manufactures of those states or of Europe. The Chief Ports for foreign trade are— in the Gulf of Mexico, Vera Cruz, Tampico, Campeachy, Matamoras, Sisal, and Tabasco; on the Pacific, San Bias, Mazatlan, and Acapulco ; in the Gulf of California, Guaymas ; and on the Sea of Upper California, Monterey. Of these, Vera Cruz, on the east coast, in lat. 19"' 15' N. long. 96° 20' W., distant 90 leagues from Mexico, and for- merly the sole port for European commerce, is still that to which the greatest amount of imports are brought ; it has yet also the principal export-trade in all commodities except the precious metals, which are mostly sent from Tampico, the port nearest to the richest mining districts. Vera Cruz is defonded by the celebrated castle of San Juan de Ulloa ; it is very unhealthy ; and its harbour is merely a bad anchorage, open to the north winds, which blow with dreadful impetuosity from October till April. Indeed, scarcely any of the ports on the east side are good, — an accumulation of sand being constantly driven into them by the trade-winds. The shipping frequenting the Mexican ports is of inconsiderable amount, owing to the staples of its trade being mostly articles containing great value in small bulk. MEX 47B MIX MEASURES, MONK The Measures and Weiahts are in general those of Spain ; but the British yard and French aune are also used in the sale of European piece- goods. Money. — The principal money of account in Mexico, and throughout Spanish America, is the piastre or dol!ar($), which is divided into 8 reals, or 100 cents. The real is also divided into 16 quartos or 34 maravedis ; into2medios, 4 quar- tillos, or 8 ochavos ; and, as in paying duties, into 12 granos. The coins are, — In gold, doubloons or ounces (nominally of 16 dollars), also 1, i, and 4 dou- bloons : In silver, dollars, 1 dollars, i dollars or pesetas, and reals of Mexican plate : In copper, quartillos, and clacos or ochavos. The gold coins throughout Spanish America are generally minted, as in Spain, at the rate of 81 doubloons to the Castile mark, 21 carats fine ; making the doubloon, when of full weight, worth £3, 4s.8|d. The silver coins (except in the Colombian states) are also generally minted as in Spain at the rate of 8J dollars, 17 half-dollars, 34 pesetas, or 68 reals to the Castilian mark. The standard of the dollar, which is usually termed the hard dollar (peso duro or fuerte) , and sometimes the Spanish dollar, is 10| dineros fine in 12, and its value, when of full weight, is 4s.21d. The half- dollar is of proportional value. The pesetas and reals, however, are always inferior. The Span- ish standard for these smaller coins is 93 dineros fine ; but in several of the new republics this standard has been reduced: in Bolivia it is now only 8 dineros, or § ds pure silver to £d of alloy. The dollar of account is reckoned both in the small base coins (which form the ordinary cur- rency of the Spanish-American states) and in hard dollars ; the latter occur chiefly in foreign trade. The usual exchange of the hard dollar is about 48d. ; or, what is the same, $5 per £l, . MICA, a finely foliated mineral substance, sometimes used as a substitute for glass, particularly in certain kinds of stoves, to enclose the fire without concealing the flame. The large sheets of mica met with in this country are mostly imported from Siberia. MILE, an itinerary measure, varying in different countries. [Measure.] MILK (Fr. Lait. Ger. Milch), a secreted liquid intended for the nourishment of the young of mammiferous animals. The milk of the cow is that chiefly used by mankind. Butter is obtained from this fluid by agitation, and cheese by coagulation. The cow yields her milk most plentifully for some time after calving ; then gradu- forth r, Finances, &c. or $500 per £100. Remittances to Europe, however, are commonly made in specie. Duties on imports are regulated by a tariff, non-enumerated articles in which pay 40 per cent. ; quicksilver, tools, and seeds are free. Articles, the produce of Mexico, may be exported duty free, except the precious metals, which, in the shape of ore, ingots, or dust, are prohibited ; gold, wrought or coined, pays 2 per cent., and silver 31 per cent. The import duties, being generally high, they are evaded by many de- vices, which are connived at by the customhouse officers, who are notoriously corrupt. Finances. — The public revenue was lately stated to average about $12,500,000 (£2,500,000), mostly derived from customs ; but this is ex- ceeded by the charges upon it, and the finances have been long in a disordered state. The dom- estic debt is considerable ; and there is a foreign debt, originally composed of two English loans ; one inl824of £3,200,000,5 per cents, negotiated at 58 per cent.; the other, in 1825, of the same amount, of 6 per cents, raised at 89f . By a sub- sequent arrangement, the unredeemed portion of these loans, with the arrears of interest due on them, were consolidated ; the 5 per cents being taken at par, and the 6 per cents at 1121 per cent. ; and the whole created into a 5 per cent, stock, amounting to £9,247,378, 8s. 6d, — one-half, £4,623,689, 4s. 3d., bearing interest from 1st October 1837 ; the other half, called " Deferred Bonds," to bear interest from 1st October 1847. Little has since been done towards payment of the dividends. A Treaty between Mexico and Great Britain was executed on 26th December 1826, providing for the protection and security of their com- merce, and placing the two states respectively towards each other on the footing of the most favoured nations. S where a proper breed of cows exists, the average yearly produce may be reckoned at from 700 to 800 gallons for each. Two gallons of milk or a little more will yield about 1 lb. of butter ; and from 7 to 8 pints will yield 1 lb. of cheese (Low's Agri- culture). Milk is only raised for direct sale in the neighbourhood of towns : in London and its environs, Mr Youatt estimates that 12,000 cows are kept at present for that purpose alone. At greater distances from towns, milk is generally converted into butter ; and in still more remote places into cheese, or into butter which is salted. Mr M'Queen values the annual produce of the dairy in the U. K. as follows : — Milk, £12,000,000; butter, £13,500,000; cheese, £7,000,000; total, £32£00,000.-(Statistics, p. 48.) S MILLET, a kind of grain (Holcus) imported into this country from Germany and the south of Europe, chiefly for feeding small birds. There are a variety of different species. In most countries lying under the warmer latitudes of the tem- perate zone, the millets form a very essential article of domestic economy, being deprived of the husk and used whole as rice, or ground into meal and flour, and made into bread. MILREA, the integer of account in Braztl and Portugal. MINIUM, or RED LEAD, is massicot finely ground and calcined. It is a Mil* 479 MON red powder, but with a liability to turn black. It is used in painting, in the manu- facture ofgl&ss, and in surgery. MI NOT, an old French measure, equal 1073 Imp. bushel. MISCAL, an Oriental weight, equal 74 troy grains nearly. MOCHA STONE, is a semi-transparent calcedony, including various ramified forms produced by iron, or other mineral substances, but sometimes also by the presence of vegetable bodies, such as mosses. The finest are found in Gujerat, but received their name from having been brought from Mocha. An inferior sort is also found in Germany. MODENA, a ducal state in N. Italy, between the Papal States and Parma. Area, 2080 sq. miles. Population in 1833, 403,500. The government is the most absolute in Italy. About one-half of the territory is covered by the chain of the Apennines and its offsets ; one- third more forms part of the plain of Lombardy ; and a small but rich strip extends along the shores of the Mediterranean. Principal towns, Modena and Reggio. Exports, horned cattle, swine, fruit, silk, corn, brandy, wine, vinegar, and the marble of Carrara, both wrought and un- wrought, which employs 1200 workmen, and yields annually about £30,000. A great fair takes place at Reggio, in March. The braccio of Modena = 24-31 Imp. inches ; the braccia of Reggio = 20-85 Imp. inches. The biolca, land measure, of 72 tavole = 07009 Imp. acre. The stajo of corn = 1*94 Imp. bushel. The quintal of 100 Modena lbs. = 70-45 lbs. avoird. ; and 100 Reggio lbs. = 7274 lbs. avoird. The general money of account is the lira Italiana, divided into 100 centimes, and equal in value to the French franc, or 9Jd. The old Modena lira of 20 soldi or 240 denari = 3jd. ; and the lira of Regcrio = 2Jd. MOGIO, an Italian measure of capacity, varying in different places. MOHAIR, the hair of the Angora goat ; it is made into camlets, &c. S MOHUR, the principal gold coin of India. MOIDORE, or LISBONNINE, an old Portuguese gold coin, value 26s. Hid. MOLASSES. [Sugab.] MONEY, any commodity employed as a standard by which to measure the value of others, as the equivalent given for them, and as a medium of exchange. Various articles have, in different states of civilisation, been used to perform the functions of money, — as cattle, salt, furs, tobacco, silk, cowry shells, and some others ; but in almost all parts of the globe these are now superseded by silver and gold, owing to their greater portability, divisibility, and indestructibility, and to their being less liable than almost any other commodities to fluctuations of value. In early ages, the denominations of money were identical with those of weight, and the metals were circulated in ingots or small masses. But as civilisation advanced, aud transactions increased, the constant trouble of weighing them, and, in most in- stances, of also assaying them, produced a degree of inconvenience, that led to the introduction of small pieces, impressed with a national stamp, which rendered both operations unnecessary. These, under the name of Coins, became thus in general use in transactions between individuals belonging to the same political community ; though silver and gold, in their former state of ingots or bars, have continued to be employed, in a greater or lesser degree, in international exchanges. Some states, in their coinage, have made use of one metal only as standard money, or legal tender to any amount ; others, of both gold and silver, at a certain fixed relative value. In the United Kingdom the standard is gold, which is coined at the rate of 1 869 sovereigns from 40 troy pounds of standard metal, or, what is the same, at £3, 17s. 10hd. per ounce. In France, Austria, Russia, and most other continental states, there are two standards ; but owing to the relative value of gold to silver being fixed by their mint regulations at a rate higher than their relative valuo in the market, the latter metal alone is practically in use as legal tender, and an agio on the mint rate has to be paid in order to procure gold. In the United States, where there are also two standards, this rule was reversed in 1834, when, owing to a reduction in the weight of their gold coin [Eagle], that metal became the general medium for large payments instead of silver. Of the precious metals, gold, from its superior portability, has been always prefer- red for large payments and foreign remittances. But, in the progress of society, it became gradually apparent that the advantages of metallic money were chiefly confined to its functions as a standard and equivalent of value ; as a medium of exchange, its weight, the trouble of counting large sums, and the risk of losing while removing what has so great an intrinsic value, rendered it unfit for the extended operations of modern commerce. These inconveniences led, in the four- teenth century, to the introduction of bills of exchange ; and, at a later period, to that modification of these instruments which has obtained the name of paper- money. The substitution of a cheap for an expensive medium of circulation, by MON 480 MON this ■ coining of credit," is often pointed out as the chief advantage of paper- money; but this is a narrow view of its conveniences. Metallic monev would not, even supposing its quantity unlimited, suffice for carrying on so much perhaps as a hundredth part of the transactions that take place in Britain alone ; while, in the greater part of those between distant places, the inconvenience and cost of transporting it from place to place would be so great, that direct exchange or barter would be found the preferable mode of proceeding. In the continental states, paper-money is generally supplied by their respective governments, either directly, in the shape of treasury notes, or indirectly, through the medium of banks under their control. In the United Kingdom, it is issued, partly by chartered banks, invested with peculiar privileges, and partly by joint- stock and private banks, the amount of the whole being commonly about £38,000,000 ; which, with £25,000,000, the estimated amount in coin, makes the circulation in all £63,000,000. But, in viewing this as the amount of our circulation, regard must be had to the extent to which the use of money is economised, by the employ- ment of bank-cheques and letters of credit, by the speedy, in many cases the imme- diate return of notes, produced by the system of allowing interest on bank-deposits, and by many other operations, not forgetting that of the Clearing-house, where payments ranging from £1,500,000 to £6,250,000, are effected daily by the private bankers of London with only about £200,000 of bank-notes.* In other countries, the circulation is, from the absence of such facilities, comparatively much greater. In France alone, the amount of coin in use is not under £100,000,000 ; that of bank- notes, however, being only £12,000,000.— {Report on Banks of Issue, 1840, Q. 7570.) The rate at which money exchanges for other articles is determined by its quan- tity. " If," says Mr Mill, " we suppose that all the goods of the country are on one side, all the money on the other, and that they are exchanged at once against one another, it is obvious that one-tenth or one-hundredth, or any other part of the goods, will exchange against one-tenth, or any part of the whole of the money; and that this tenth will be a great quantity or small exactly in pro- portion as the whole quantity of the money in the country is great or small " (Polit. Econ. c. 3, § 7). The quantity of money, however, is to be estimated, not merely by its proportion to the amount of trade or of payments, but also by the relative rapidity of its circulation, and after allowing for the extent to which its use is economised. Supposing the amount of trade and mode of circulation to remain stationary, if the quantity of money be increased, its value will fall, and the price of other commodities will proportionally rise, as the latter will then ex- change against a greater amount of money : if, on the other hand, the quantity of money be reduced, its value will be raised, and prices in a corresponding degree diminished, as commodities will then have to be exchanged for a less amount of money. The converse of these changes will take place if the variations occur in the amount of trade and mode of circulation, and the quantity of money remain stationary. " In whatever degree, therefore, the quantity of money is increased or diminished, other things remaining the same, in that same proportion the value of the whole and of every part is reciprocally diminished or increased " {Ibid.). Gold and silver, however, as products of industry, possess an intrinsic value, like all other commodities, equivalent to the cost of producing them ; and hence, in the case of metallic money, if its value in any country be reduced below the level of other countries, it will be used or exported as bullion ; while, on the other hand, if its value be increased above that level, it will become an object to import bul- lion to convert it into coin. The value of metallic money in any country can thus be for only a short time above or below its level in other countries, or its cost of pro- duction. A mixed currency, composed of coin, and paper convertible into coin, is obviously regulated by the same laws. But such is not the case with an incon- vertible paper-money ; for, though under equal limitations as to quantity, it may, when constituted legal tender, be preserved of the same exchangeable value as metallic money ; yet, wanting intrinsic value, it will not circulate in foreign coun- * In the year 1839, the amount of payments made through the Clearing-house was £954,401,600, which were effected with only £66,275,600 of bank-notes : thus giving £3,068,815 as the average of the daily payments for the 311 business days ; £213,105 as the average amount of bank-notes daily used ; and leaving £2,855,710 for the daily cancelments of the clearing transfers. These sums, enormous though they be, are considered to fall far short of what they were formerly, when the Bank of England less interfered with private business, when London joint-stock banks (which are not admitted to the clearing-house) were not in existence, and when war-expenditure and funding operations gave constant activity and extent to the money business. Several days' clear- ances then ranged from £12,000,000 to £1 5,000,000.— ( Tate's Systemqf the London Bankers' Clear- ances, p. 27.) MOX 481 MON and hence, when issued in excess, it will become proportionally depre- ciated; and this depreciation (which will be measured by the rate at which the paper exchanges against bullion) may, by continued additions, go on increas- ing, until its value as a medium of exchange is entirely dissipated. [Assignats. Bank.] But although fluctuations in the value of a metallic or mixed currency, owing to variations in quantity, are subject to correction from the influence of the cur- rencies of other countries, the case is different when any diminution is made on the weight of the coin. In this case, though preserving the same name, it will become permanently degraded ; and if reduced one-half, will as certain- ly be lowered in real value to the same extent, as a quarter of wheat would be by being reduced to four bushels. In ancient times, owing partly to erroneous conceptions of the nature of money, but chiefly to the injustice of sovereigns, who were thereby enabled to fulfil, in appearance, their engagements with a smaller quantity of gold and silver than would otherwise have been requisite, the degrada- tion of the coin was a common act of public policy ; and the English pound was, in this way, reduced to l-3d, the Scottish to I -36th, and the French livre to l-66th of their original values. Such an expedient is now almost unknown in civilized communities ; but a similar effect may be produced by fraudulent paring or by abrasion. When a seignorage is exacted higher than the expense of coinage, the intrinsic value of the coin will of course be less than its nominal value, but such coins can be used only, like British silver or copper, as a subordinate species of money for small payments, and under certain limitations as to quantity. A currency may be accounted in its most perfect state when it consists of paper of a value precisely equal with the gold or silver which it professes to represent ; as no other instrument can fulfil in a nigher degree the great requisites of a circulat- ing medium, — convenience, cheapness, security, and steadiness of value. But con- siderable difference of opinion prevails in reference to the method best adapted for the practical attainment of these objects. Of late there has arisen a party, who, on the allegation that undue expansions and contractions of the currency have been the secret spring of all those alternations of commercial excitement and depression which have taken place in modern times, — advocate the separation of the functions of issue from those of banking, and the confining of the former to one state esta- blishment, which should circulate a fixed amount of government paper-money (below the point to which a purely metallic currency would ever be reduced), and leave all fluctuations to take place in the precious metals alone, or in the notes of a bul- lion deposit bank ; or which should in some other way regulate the amount of the circulating medium, so that there should be no greater fluctuation than if it wholly consisted of the precious metals. Such plans, however, are opposed both by those who uphold the present system, and by those who, advocating the further exten- sion of joint-stock banking, contend that the issues of paper are best regulated by free competition. By the latter it is urged that experience has shown that no single body can be safely intrusted with the privilege of issuing paper : That if there was but one such body, there would be sometimes too much money and sometimes too little for the wants of trade in different places : And that, after declaring a certain coin to be the sole standard of value and legal tender, and {►roviding for the public registration of all the partners of a bank, and their un- imited responsibility for all its obligations, the lengthened experience of Scotland has shown that were government to confine its further interference to enforcing the fulfilment of contracts, it might safely be left to the parties themselves to judge of the degree of credit they should give to each other's engagements, and to adopt that mode of circulating such engagements which might appear to them to combine the greatest security with the greatest cheapness and convenience. Upon these and the other plans advocated by writers on the currency, however, it is unnecessary to enlarge in this place. They form, as is well known, the subject of two reports in 1840 and 1841 by Committees of the House of Commons ; and such persons as feel an interest in the question will not satisfy themselves with any second-hand arguments, but will of course refer to those reports, or to works where the subject is treated in a manner suited to its importance. In the preceding observations we have assumed gold and silver to be invariable dards ; but in the article Bullion we have explained that in the course of iese metals have themselves undergone great changes. In fact, no commo- dity can be depended on as a permanent measure of value. The facilities of its production will not always preserve the exact level of the average of other com- modities, and move on in complete uniformity with the general progress of improve- MON 482 MOR ment in the industrial arts. No kind of money at present in use, therefore, can be free from the great variations of value to which the precious metals themselves are liable. Such a currency, however, has been imagined. " It has been proposed," says Mr Poulett Scrope, in his ingenious Treatise on Political Economy, " to correct the legal standard of value (or at least to afford to individuals the means of ascer- taining its errors) by the periodical publication of an authentic price-current, con- taining a list of a large number of articles in general use, arranged in quantities corresponding to their relative consumption, so as to give the rise or fall, from time to time, of the mean of prices ; which will indicate, with all the exactness desir- able for commercial purposes, the variations in the value of money, and enable individuals, if they shall think fit, to regulate their pecuniary engagements by re- ference to this Tabular Standard " (p. 407). This proposition, however, is of too speculative a nature for consideration in the present work. Monies of Account are those denominations and divisions of money in which ac- counts are kept : in some countries these are not coins, but merely fixed proportions to coins, as was the case with the British pound sterling before the coining of the sovereign. In the Report by the Commissioners on the Standards of Weight and Measure, of 21st December 1841, the attention of the government is invited to the advantage and facility of establishing a decimal system of monies instead of that presently in use in this country. The facility consists in the ease of interposing between the sovereign (or pound) and the shilling, a new coin equivalent to two shillings (to be called by a distinctive name) ; of considering the farthing (which now passes as the 1 -960th part of the pound) as the 1 -1000th part of that unit ; of establishing a coin of value equal to 1- 100th part of the pound ; and of circulating, besides these decimal coins, others bearing a simple relation to them, including the present shilling and sixpence. MONOPOLY, a privilege granted by license, conferring on an individual or company the sole right of purchasing and disposing of, making or using, a certain specified article ; the term is likewise sometimes used to denote the engrossing of commodities with the view of selling them at a high price. Monopolies were for- merly granted by the sovereign, and they prevailed to a great extent in England in Queen Elizabeth's time ; but, having become an intolerable grievance, they were abolished in the succeeding reign (21 Jac. I. c. 3), with the exception of patents for inventions or improvements for a limited number of years ; and a charter of mo- nopoly cannot now be granted without an act of parliament. The same law has been held to apply to Scotland. — (Bell's Com. vol. i. p. 108.) MONSOONS, important modifications of the trade-winds which occur in the Indian Ocean, the nature of which is not yet fully understood. In the Arabian and Indian Seas, on the north side of the equator, the monsoon blows north- east from November to March, and south-west from April to October ; the former producing in India dry and agreeable weather, the latter rain and tempest. The change takes place gradually. In the Chinese and Sooloo Seas, however, the wind is generally N.N.W. from November to March, and S.S.E. from April to October. [India. Trade-Wind.] MONT DE PIETE, a benevolent association for lending money on pledges at a moderate interest ; and differing from ordinary pawnbroking establishments in being founded rather for the benefit of the borrower than that of the lender. Such institutions are said to have existed in Rome in the reigns of Augustus and Tibe- rius. They were revived in modern Italy in the 15th century, where they received every encouragement from the popes ; and they exist at present in all the large towns in that country, the principal being the Sagro Monte de Pieta di Roma," founded in 1539, and which in 1839 advanced no less than £211,554 on 306,161 pawns, the average amount of each being 14s. 2gd. The establishment likewise acts as a petty bank in receiving deposits. Monts de Pie'te are also instituted in many other parts of the Continent, particularly France. The " Mont de Pie'te de Paris " charges interest at 9 per cent., and one-half per cent, to the valuators at the time of releasing : the amount advanced by it in 1840 was £743,040 on 1,220,692 pawns, besides £230,553 on renewed articles. The loan is made for a fixed term, at the expiration of which, if the principal and interest are not repaid, the pledges are sold, and the surplus, after paying the debt, is restored to the owner : in most instances, however, the term may be renewed on payment of the interest. The profits are in some cases added to the capital, in others appropriated to charitable purposes. Such institutions are common in several parts of Ireland, but they are almost unknown in Britain, where their place is supplied by pawnbrokers. [Banks for Savings. Loan Societies. Pawnbroker.] MONTEVIDEO. [Uruguay, Republic of.] MORGEN, a German land measure varying in different places. MOR 483 MOZ MOROCCO, the most important of the Barbary States, is bounded W. by the Atlantic ; N. by the Mediterranean ; E. by Algiers ; and S. by the Sahara or Great Desert. Area, 274,000 sq. miles. Population, 8,500,000, mostly Arab Moors and Berbers. The chief cities are, Morocco the capital, Fez, and Mequinez, all inland. The government is a barbarous despotism, s The loftiest part of the chain of the Atlas runs parallel to the coasts, changing its direction with them from the Atlantic to the Mediterranean, and leaving an intermediate plain, the greater part of which is finely watered, and unsurpassed in natural fertility. But though the inhahitants have advanced greatly beyond the rude and roaming habits for which they were anciently distinguished, they pay little attention to the improvement of the land, which indeed might be made one vast corn-field. Beyond the Atlas, however, there is a more arid region, named Tafilet, unfit for grain, but yielding fine dates, and rearing a breed of goats, whose skins afford the fine morocco leather. The'climate is not so hot as might be expected from the latitude, and wheat and barley are exten- sively raised ; sheep are numerous, and produce fine wool, which is manufactured into a coarse fabric, forming the chief dress of the inhabitants. An active inland trade is carried on with Soudan, Egypt, and Arabia by caravans, and with other countries by sea. The maritime commerce has increased considerably of late years. The imports consist chiefly of cotton, woollen, and silk manufactures and yarn, with raw silk, sugar, spices, dye-stuffs, metals, cutlery, tea, and earthenware ; the exports of fruit, wool, olive-oil, wax, hides, corn, live-stock, gum, bark, and leeches. In 1839, the regular importations by sea amounted to £580,880, including £135, 4 £356,560. A considerable part of our commerce is carried on through Gibraltar and Malta. Almost the only other states which participate in the maritime trade of Morocco, are France, the United States^ Spain, and Portugal. The maritime intercourse is conducted on the Atlantic side at Mogadore, the port of the capital, Saffee, Mazagan, Rabat the port of Fez, and Laraiche ; and on the Mediterranean side at Tan- gier and Tetuan. In 1839, the entries inwards from foreign countries at all ports amounted to 372 ships, 20,003 tons ; whereof British, 253 ships, 13,664 tons. At Mogadore, the canna, cloth measure, = 21 Imp. inches. The rottolo or commercial pound = 833<> troy grains, and the quintal of 100 commercial lbs. = 119 lbs. avoird. : the market pound for provisions, and by which also iron and bees' wax are sold, is 50 per cent, heavier. The mea- sures of capacitv, though nominally those of Spain, are variable and uncertain. The money of account is the mitkul of 10 ounces, 40 blankeels, or 96o flues. As 54 blankeels are reckoned equal to the Spanish hard dollar, the mitkul is worth 3s. Id. The currency is com- posed chiefly of dollars, doubloons, and madrids : the madrid, which is a gold coin minted at Madrid for the Emperor of Morocco, is valued at 10 dollars. MORPHIA, a vegetable alkaloid, procured by a chemical process from opium, and is the narcotic principle of that substance. When obtained from its alcoholic solution it is in small, brilliant, and colourless crystals, of a very bitter taste. The quantity obtained averages about 1 oz. from the lb. of opium ; but it is very vari- able ; the Turkey opium produces the most, and the East Indian and Egyptian the least. [Opium.] MOSAIC GOLD, a bisulphuret of tin, formed by heating the peroxide with its weight in sulphur. It is produced in small, soft, shining flakes, of a golden yellow colour. It is chiefly imported from Germany, and under the name of bronze powder is much used for ornamental work, particularly paper-hangings. MOTHER-OF-PEARL, the shell of the pearl-oyster. It is composed of alter- nate layers of coagulated albumen and carbonate of lime. On the inside it is exquisitely polished, and of the whiteness of the pearl ; and on the outside the lustre is the same after the external laminae have been taken off. It is imported into Europe from India and China, and is extensively used for inlaid works, toys, and snuff-boxes. S MOUSSELINE DE LA LAINE (in Fr. muslin of wool), a fine, thin, woollen fabric, manufactured in France, and much used for the dress of ladies. An inferior fabric, bearing the same name, and of similar appearance, though composed of wool mixed with cotton, is now also extensively made in Britain. MOZAMBIQUE, a territory claimed by the Portuguese, on the E. coast of Africa, extending nominally from the Bay of Delagoa to Cape Delgado, and divided into seven captaincies ; but their real possessions in this country are now few and insecure, and confined chiefly to the town of Mozambique, and the settle- ments of Quillimane, Senna, Tette, and Manica, on the Zambezi river. Melinda, once a flourishing settlement on the adjoining coast of Zanguebar, is deserted. Mozambique, the capital, and commercial emporium of the Portuguese possessions on the E. cna»t flf Africa, is situated on a small island closely adjoining the continent, in lat. 15° 3' S., long. 40° 4^ E. ; pop. nearly 10,000, of whom only a few hundreds are Europeans. It possesses a good roadstead and commodious pier; but in other respects it is situated unfavourably, being about 300 miles distant from the mouth of the Zambezi, the channel of intercourse with the interior. It is also unhealthy. The chief articles to be obtained at these settlements are gold, ivory, ambergris, Columbo root, tortoise-shell, and cowries. The export of slaves to Brazil was formerly consider- able, and is believed to be still carried on to some extent. Provisions and refreshments are dear. MUD 484 MUS Of late much -of the trade has been removed to Quillimane, at the mouth of the Zambezi, in lat. 17° 58' S., long. 36° 59' E. ; pop. 3000. Weights.— The bahar weight is 20 frazils = 240 lbs. avoird. The currency is chiefly Spanish dollars and Portuguese coins. MUDDE, a Dutch and Belgian measure = 2§ Imp. bushels, or 1 hectolitre. MULE, a quadruped springing from the union of the male ass with the mare, or of the horse with the female ass, — the former being the best. The mule is com- monly found to be vicious, stubborn, and obstinate, to a proverb ; but it is hardy, and valuable for its sureness of foot. It is also useful on account of the great load which it can carry. Hence its common use in some parts of Spain, in Mexico, South America, and in other mountainous countries without good roads. The Persian mules, according to Mr Fraser, are of prodigious strength, usually carry- ing loads of about 3 cwt., with which they travel day after day along the execrable paths and over the rough cothuls of the country (still preserving their condition), at the rate of from 25 to 50 miles a-day, according to the distance of the resting- places. The mule is longer-lived than either the horse or the ass ; but it is seldom used in this country. MULLET, a fish (Mugil), greatly prized by the epicures of ancient Rome, and the roe of which is at present largely made into Botarga, on the shores of the Mediterranean. The mullet is gregarious in its habits, about 12 or 14 inches in length, and of a peculiar form and brilliant appearance. One species, the red mullet, is taken on the S. coast of England, particularly in May and June. It is caught by the mackerel-nets, and in larger quantities by the trawl-net. MUM, a fermented liquor, brewed principally from the malt of wheat. MUN JEET, an inferior kind of madder- root imported from Calcutta. The roots are long and slender, with a smell somewhat resembling liquorice-root ; when broken they appear of a fine red colour, having a yellowish pith inside. Nearly 30,000 bales are on the average imported annually, each weighing 20 lbs. MURIATIC ACID, or SPIRIT OF SALT, an aqueous solution of muriatic acid gas, now called hydrochloric acid gas. It is commonly procured by distilling a mixture of diluted sulphuric acid and common salt, equal weights being taken of salt, acid, and water. This acid is generally of a yellow hue, a very pungent smell, intensely sour taste, and emits fumes when exposed to air. Sp. gr. 1*170. The yellow hue is produced, according to Dr Thomson, from a trace of bromine ; besides which, the acid of commerce is almost always contaminated with iron and sulphuric acid, and sometimes nitric acid. When pure it is colourless. Muriatic acid is used in medicine, and in some of the arts as a solvent of metals. . MUSCAT, a fortified seaport town on the E. coast of Arabia, and chief commer- cial emporium of the Persian Gulf, lies in lat. 23° 38' N., long. 58° 41' E. Popula- tion, including Muttrah, 60,000, composed of Arabs, Banyans, and a few Persian merchants. It is the capital of a sultan, whose patrimonial dominion is the sur- rounding territory of Oman, but who claims the whole coast from Cape Aden to Cape Ras al Had, thence northwards as far as Bussorah, including the islands of Bahrein, with all the African shore and adjacent islands from Cape Delgado to Cape Guardafui. He rents, besides, sulphur mines and several estates in Persia. The harbour of Muscat is formed by a small island, consisting of a huge mass of granite, 200 feet high, situate so near the mainland as only to allow the free passage of small vessels. The town is one of the hottest places in the world, Fahrenheit, though about 50° in January and February, rang- ing between SO and 1 15° in July and August. The trade is considerable. Besides an extensive intercourse with the interior by means of caravans, Muscat is frequented by vessels from the shores of the Persian Gulf, the Red Sea, and from the east coast of Africa ; and the produce of all the countries adjoining these places is generally found in the market. Trade is also-carried on with Mauritius, India, China, and the Eastern Islands. The chief exports are dates, horses, raisins, wheat, salted and dried fish, sharks'fins, pearls, and drugs. The imports are rice, cotton, and woollen goods, iron, lead, sugar, and some spices ; and the value annually imported is esti- mated at £900,000. The maund of 24 cuchas = 8 lbs. 12 oz. avoird. The integer of account is the mahomodee of 20 gazees. The mahomodee is a silver coin, of which 1 1 are reckoned equal to a Spanish dollar. The gazee is of copper ; as is also the shaka, valued at from 72 to 80 per dollar. Foreign coins circu- late, but are generally transferred by weight. A convention with Britain, dated May 31, 1839, and ratified July 22, 1840, contains, among other provisions, a stipulation that no duty exceeding 5 per cent, shall be levied at the place of entry in the sultan's dominions on British merchandise imported in British vessels, which shall be in full of all import, export, tonnage, and license duties, and of any other government impost upon the ves- sel, or upon the goods ; nor shall any charge be made on account of goods remaining on board unsold, nor on vessels entering to refit or for refreshments. A similar treaty was effected by the Americans on September 21, 1833. The present sultan is distinguished for energy and intelligence ; and the protection he affords to property is so efficient that the Banyans have formed a marine insurance society, of which the Arab traders generally avail themselves. He possesses a considerable navy, and his subjects are excellent seamen. MUS 485 MUS MUSCLE, a shell-fish (Mytilus edulis), abundant on our seashores, and largely used as food, though opinions differ as to its wholesomeness. The finest are the " Hambleton Hookers" of Lancashire ; they are taken out of the sea, and fattened in the river Wyre, within reach of the tide. MUSHROOM, a tribe of fungus plants (Agaricus), some species of which are used for pickling, catsup, powder, and for dressing fresh. Their season in England is September ; and the most delicate are those ftnmd on old close-cropt pastures, or open downs by the seashore. Many kinds are poisonous, and it is only by experience that the eatable varieties can be distinguished. That usually cultivated is the A. campestris. The properties of mushrooms are better understood on the Continent than in England ; more particularly in Russia, where they constitute an important article of food. MUSICAL INSTRUMENTS may be arranged into three classes, namely, wind instruments, stringed instruments, and those in which the sound is produced by concussion. Their manufacture and sale affords employment to a considerable num- ber of persons in this country, more especially in London, and, though to a smaller extent, in Edinburgh and Dublin. But the peculiar nature of the trade places it in a great degree beyond the scope of the present work ; some particulars, however, deserving of notice, were furnisned to the parliamentary committee on import duties. It appears that British pianos excel all others ; and that though in Germany, in consequence of more diffused musical habits, they are currently made for £10 or £12, our manufacturers do not dread the abolition of tariff protection, owing to the superior tone and durability of their instruments ; the best harps and flutes are also made in England ; but the finest brass wind-instruments are imported. The timber employed for the sound boards of good stringed instruments is said to be " Swiss deal ;" for those of an inferior kind, American pine is used. With respect to the violin, the " sovereign of the orchestra," it has been remarked, that " the best can now be said to be made nowhere." This instru- ment, however, improves by age, and many of the old ones are of great value. The finest in the world are those of the Amati family of Cremona, who flourished in the 16th century. The chief other makers are Stradivarius, the elder and the younger, and Guarnerius, also of Cremona, in the 17th century ; and Stainer, a native of the Tyrol. A good-toned violin cannot be bought in England or France for less than £50, and many have been sold for £250. An instrument made by Stradivarius can always be sold for £100. Musical instruments, mostly pianos, are exported in considerable quantities, principally to the colonies, India, and S. America. The importations, embracing a variety of instruments, amount annually to about £12,000. S MUSK (Fr. Muse. Ger. Bisam. It. Muschio. Rus. Kabarga), a fragrant sub- stance secreted in a glandular pouch under the belly of the male of the musk-deer (Moschus Moschiferus), which inhabits the elevated regions of Asia. Musk in its recent state has the consistence of an electuary of a reddish-brown colour ; but by keeping it becomes dry and crumbly. The best comes from China in small round bags, covered with brownish hairs, and containing at the most 1^ drachm, large- grained, and of a deep brown colour, and a strong ammoniacal smell. The Sibe- rian or Russian musk is greatly inferior. It is small-grained, light brown, of a weaker and more fetid smell, with little ammoniacal odour ; the bags longer and larger. Musk from its high price is often adulterated, more especially when pur- chased in grains, and not in the natural bags of the animal. It is an article of the materia medica, and is extensively used as a perfume. It should be preserved in closely stopped glass bottles, in a place neither very dry nor too damp. MUSQUASH, largely used as a " hatting-fur," is the skin of the musk-rat, a diminutive species of beaver. [Fur.] MUSLIN, a fine thin cotton fabric, extensively manufactured in Glasgow and Manchester. It is used for handkerchiefs, ladies' caps, gowns, frills, and other purposes ; and there is a great variety of kinds and qualities,— as book-muslin (a starched or dressed kind), cambric-muslin, jaconet, mull, and others. Dacca, in Bengal, was formerly celebrated for its muslins, some rare specimens of which have been poetically described as " webs of woven wind." [Cotton Manufacture.] MUSTARD (Du. Mostert. Fr. Moutarde. Ger. Mustert), a plant (Sinapis) cultivated in Britain chiefly for its seeds. These when bruised form a bright yel- low powder, of a pungent smell and acrid taste, called flour of mustard, which is used as a condiment, and for various purposes in medicine. There are two kinds, a black (S. nigra), and a white (S. Alba) ; the first was formerly preferred, being more pungent, and of a much finer quality ; but as the flour made from it MYR 4f!6 NAP retains a darkness of colour, from which that of the white variety is free, and as, besides, less labour is required in the manufacture of the latter, it is now more generally employed in Britain, either alone or in mixture with the other. The manufacture of mustard was first understood and practised in Durham, but it is now common in other parts of England. MYROBALANS, a name given to several species of dried fruits of the plum kind, employed in dyeing and medicine by the natives of India. Five species are described by Mr Milburn in his Oriental Commerce. They are not used in this country. S MYRRH (Arab. Murr. Fr. Myrrhe. It. & Sp. Mirra. Ger. Myrrhen), a gum resin, celebrated from the earliest ages for its aromatic and fragrant proper- ties, is the product of a small tree {Balsamodendron myrrha) found in Nubia and Arabia Felix. Several kinds are distinguished. The best, myrrh in tears, is when good of a yellow or reddish-yellow colour, light, brittle, pellucid, and sometimes shining ; fracture vitreous or conchoidal, of a bitter aromatic taste and peculiar smell. Sp. gr. T36. It is mostly imported from the Levant. The East Indian is in large opaque pieces, generally covered with a brownish-white powder. Myrrh in sorts is the name given to a variety of inferior and adulterated kinds. This gum-resin is at present used as a stimulating medicine, and as an ingredient in tooth-powders. N. NAILS (Fr. Clous. Ger. Nagel, Spiker. It. Chiodi. Por. Pregos. Rus. Giuosdi. Sp. Clavos) are made in most towns of the United Kingdom, but chiefly at Dudley, Stourbridge, Walsall, and other places near Birmingham, where about 25,000 persons are employed in this manufacture. The best are made by the hand at the common forge, but vast numbers are now produced by machinery. In Birmingham, well-formed nails are cut out of sheet-iron with the greatest rapidity ; neatly-shaped heads are given to them by powerful pressure ; while in the process of annealing a tenacity is communicated to them which almost rivals the productions of the forge. About 5500 tons are annually exported. NANKIN, a Chinese cotton cloth, which, in point of strength, durability, and essential cheapness, is unrivalled by any of the cotton fabrics of Europe. The best is the produce of Kiang-nan or Nan-kin ; and an inferior description is manu- factured in Quang-tung. It is either white, blue, or brownish-yellow ; the last being the result of dye, and not the natural colour as vulgarly supposed. Nankin is now little used in England; but the consumption in warm countries is still considerable. The quantity got up at Canton for the foreign market is very vari- able. Under the British flag alone, in 1831, there were exported 925,200 pieces, valued at £107,323. In later years, the quantity has been much smaller ; in 1834, it had fallen to 65,900 pieces. Imitation nankins are made in this country, but they are inferior to those of China. NAPHTHA, a peculiar liquid hydrocarbon or species of bitumen, which is both a natural and artificial product. Natural naphtha is found at Baku on the Caspian, at Hit on the Euphrates, and other places in Mesopotamia; in Italy, near Piacenza, and of an inferior quality near Modena ; and a similar liquid is obtained by the distillation of petroleum and caoutchouc. Coal naphtha or coal oil, the kind chiefly used in this country, closely resembles the former, and is one of the results of the distillation of pit-coal in gas-works, from which it is usually obtained. Naphtha is of a yellowish- white colour, transparent, and fluid as water, inflammable, and very volatile. The purest Persian and Italian variety has a strong bituminous but not disagreeable odour ; Sp. gr. '760. The coal naphtha has a penetrating and unpleasant odour ; Sp. gr. "840. It dissolves the greater number of the essential oils, and the resins ; and is extensively used for dissolving caoutchouc to render cloth waterproof, and for forming surgical instruments. It is also burnt instead of alcohol in lamps for heating small vessels. In Genoa naphtha is used in the street-lamps. NAPLES, KINGDOM OF, forming with the island of Sicily, described sepa- rately, the " Kingdom of the Two Sicilies," occupies the southern extremity of Italy, being bounded N.W.by the Papal States, and on every other side by the sea. Area 31,600 sq. miles. Population in 1838, 6,021,284. It contains 15 provinces, which are divided into 53 districts, and subdivided into 1790 communes. The government is a hereditary monarchy, with few restrictions. NAP 487 NAP The territory of Naples, after forming for some space a continuation of the long narrow penin- sula of Italy, "branches finally into the two smaller peninsulas of Otranto and Calabria, The Apennines fill its interior, shooting out arms to its bounding promontories; in many places spreading wider, and assuming still more rugged and awful forms than in the northern part of their line. They leave, however, along the coast wide plains and extended valleys, blessed with the richest soil, and (except in some marshy tracts on the coast) with the most genial climate of any country in Europe. The rivers are numerous, but inconsiderable in point of size ; and from bars at their entrance are impassable except for very small craft. A stimulus was given to improvement during the French occupation, more especially by the abolition of the feudal system by Joseph Bonaparte in 1806 ; still comparatively little has been done to develop the great natural resources of the kingdom. In many places property is rendered insecure by banditti, and the great bulk of the people are sunk in a state of brutish indolence. Rock salt, coal, and other minerals abound, but scarcely any attempt has been made to work them. Agriculture is in the most rude condition ; roads are neglected ; and corn (mostly wheat, maize, and rye), wine, oil, silk, flax, hemp, cotton, and fruit, the staples of the soil, might be raised in quantities equal to four or five times the consumption of the inhabitants. A miserable cotton manufactory, a sort of government monopoly established at Salerno, the iron forge and mine at Stilo, the glove and hat manufactories at Naples, with coarsely made linens and cloths, are stated by Mr Macgregor to comprise nearly all the branches of manufacturing industry. This low state of productive labour, joined to oppressive duties and impolitic prohibitions, confines the external trade within comparatively narrow limits. The imports consist principally of cottons, woollens, linens, hardware, and other manufactures ; cod-fish and pilchards ; colonial Eroduce, dye-stuffs, and metals, especially iron. The exports embrace olive-oil, silk, flax and emp, wool, wine, corn, Unseed, rags, ruaccaroni, cream of tartar, skins, liquorice, gno, which is divided into 100 grani, each of 10 cavalli ; also into 5 tari or lOcarlini. The ducat being equal 3s. 3|d., the tari is worth about 8d., the carlin 4d., and the grano 2-5ths of a penny. The coins, according to the system introduced in 1818, are as follow :— In gold ; the oncetta of 3 ducats (weight 85 acini, fineness 996 mUIiemes) = 10s. 3Jd. sterling, with pieces for 10, 5, and 2 oncetta in proportion : — In silver ; the ducat of lOcarlini (weight 515 acini, fineness 833$ mil- liemes, or |) = 3s. 3$d., with pieces for 12, 6, 5 2, and 1 carlini of proportional value :- 4,3, in copper ; pieces for 5, 3, 2, 1, and \ gram. There are, besides, a variety of old coins. The par of exchange with London, deduced from the ducat in silver, which is the standard, is 6 ducats 3| grani, or, as commonly expressed, 603| grani per £1. Usance of bills from Britain, Portugal, and Russia, 3 months' date ; from France, Spain, Holland, and Germaay, 2 months' date; from Leghorn, Rome, Genoa, and Sicily, 22 days' sight. Inland bUls are drawn at 15 days' sight. Banks, Sfc. — The Bank of the Two Sicihes is a government deposit bank, the orders or checks on which, being paid in cash on demand, circu- late extensively in Naples, on the same footing as specie. There is also a government discount office ; and most of the principal merchants en- gage more or less in banking operations. Finances. — The annual revenue (including a quota of nearly £500,000 from Sicily , amounts to about £4,350,000, derived partly from direct and partly from indirect taxes, the most im- portant of the former being a land-tax of 25 per cent. The principal other sources are customs, tolls, a salt monopoly, lotteries, and registra- tions. The whole national debt is estimated at £20,000,000. Of the Neapolitan debt, £2,500,000 were raised in England in 1824, on 5 percent, bonds of £100 each, which were issued at 92 j per cent. : the dividend couponds are payable February 1, and Aug. 1, without deduction, at Messrs Rothschild. The other securities are in bonds of 500 ducats each, bearing 5 per cent, interest ; transactions in which, in the London market, take place at the fixed double exchange of fr. 4. 40 c. per ducat, and fr. 25. 65 c. per £1. The Duties on admitted articles are oppressive, NAT 483 NAV ranging from 50 to 150 per cent, ad valorem, and fact, in point of commercial legislation, Naples a great variety of foreign commodities are pro- 1 may be said to occupy the very lowest position hibited. The export duties are also very high ; among states having any pretension to civilisa- and the bonding of goods is not permitted. In | tion. S NATAL. See Supplement. NATIONAL DEBT. [Funds.] NATRON, a, native sesquicarbonate of soda, found in Egypt, Mexico, &c. NAVIGATION LAWS, a name commonly applied to those statutes which have for their object the securing of the carrying trade of the country to British-built ships, owned and navigated by British subjects. Some traces of this legislation are to be found in acts passed by Richard II. in 1381 and 1390 ; though in general the ancient policy of England seems to have afforded no protection to the shipping by means of exclusive privileges. Bacon, in his Life of Henry VII., remarks, that " almost all the ancient statutes incite by all means to bring in all sorts of com- modities, having for end cheapness, and not looking to the point of state concerning the naval power." That monarch, however, from his " care to make his realm potent at sea as well as by land," passed an act in 1485 prohibiting the importation of Gascon wine, except by English vessels ; but it did not go the length of exclud- ing foreign shipping in all circumstances : the " stranger's ship " was only to be rejected if the merchant " might have sufficient freight in the same port in a deni- zen's ship." Yet from this time we may date the commencement of that policy which was matured in an act passed by the Long Parliament in 1651, a famous statute, which, as afterwards confirmed (in 1660) by 12 Ch. II. c. 18, is known by the name of the Navigation Act. It provided generally that no merchandise, either of Asia, Africa, or America, should be imported into England in any but English-built ships, navigated by an English commander, and manned, to the extent of three-fourths of the crew, by Englishmen ; and that certain enumerated articles of European merchandise (embracing, it may be remarked, all the bulky and most important productions of the Continent), as well as all Russian and Turkish goods, should not be imported in foreign ships, except such as should be brought directly from the country or place of its growth or manufacture in ships belonging to such country or place. Besides these exclusive privileges granted to English shipping, the end aimed at was further attempted to be secured by the imposition of discri- minating duties, so that goods which might still be imported in foreign ships from Europe, were in that case more highly taxed than if imported in our own vessels. The Navigation Act was mainly levelled at the Dutch, who, by superior economy and skill, had succeeded in engrossing nearly the whole of the carrying trade of Europe ; and there can be little doubt that it dealt a heavy blow at their maritime prosperity ; though it does not follow that it benefited the English to the same extent to which it injured their rivals. With the present amount of our knowledge, it would be difficult to arrive at the conclusion that the trade of the country could possibly be promoted by compelling our merchants to employ dear instead of cheap ships. Nevertheless, the system above described was long looked upon as a monu- ment of wisdom and prudence ; and the stimulus which it imparted to maritime enterprise is alleged by its admirers to have had the effect of placing the naval Eower of the country on a far broader and firmer basis than it ever could otherwise ave attained. The first deviation from the system sanctioned by parliament was effected by a treaty concluded by Mr Vansittart (now Lord Bexley), in 1815, with the United States of America, which, soon after the establishment of their indepen- dence, had followed our example, by enacting a navigation law copied from that of the mother-country ; " and it affords," remarks Mr Porter, " an instructive lesson that the practical carrying out of this restrictive system to its fullest extent by the two nations, was found to be so unproductive of all good effect, as to call for its abandonment. By this treaty, the ships of the two countries were placed reciprocally upon the same footing in the ports of England and the United States, and all discriminating duties chargeable upon the goods which they conveyed were mutually repealed. It adds greatly to the value of this concession, that it was made by no disciple of free-trade doctrines, but was forced, by the very consequences of the system itself, from a government strenuously opposed to all change in the direction of relaxation." — {Progress of the Nation, § 3, c. 9.) In a few years afterwards, the progress both of opinions and of events forced on further modifications of the exclusive system. In 1822, Mr (now Lord) Wallace, then President of the Board of Trade, introduced five bills (3 Geo. IV. c. 41, 42, 43, 44, and 46), which mitigated to a large extent many of the provisions of the law ; and in the following year circumstances arose which compelled a still further relaxation. From various causes, foreign countries had up to this time, in NAV 489 NAV general, submitted to the discriminating duties imposed upon their vessels in our ports, without retaliation. But it now clearly appeared that this forbearance was to be continued no longer. In 1823, Prussia notified, that until an alteration of our system was made in favour of her vessels, similar heavy duties would be im- posed upon British shipping that should enter any of her ports ; and it was obvious that a corresponding movement would have soon followed in other coun- tries. Our merchants having in consequence become clamorous for the interference ot the government to obtain the removal of the retaliatory duties, Mr Huskisson carried through parliament the celebrated Reciprocity Acts, 4 Geo. IV. c. 77, and 5 Geo. IV. c. 1. These statutes authorized the crown to permit the importation and exportation of merchandise in foreign vessels at the same duties as were chargeable when imported in British vessels, in favour of all such countries as should not levy discriminating duties upon merchandise carried into their ports in British vessels ; also to levy upon the vessels of such countries, when frequenting our ports, the same tonnage rates as are chargeable upon our own vessels. At the same time, the crown was empowered to impose additional duties upon goods and shipping against any countries which should levy higher duties in the case of the employment of British vessels in the trade with these countries. Under these acts, reciprocity treaties were concluded in 1824 with Prussia, Hanover, Denmark, and Oldenburg ; in 1825, with Mecklenburg, Bremen, Hamburg, Lubec, States of La Plata, and Colombia ; in 1826, with France, Sweden and Norway, and Mexico ; in 1827, with Brazil ; in 1829. with Austria ; in 1834, with Venezuela j in 1837, with Greece, Holland, and Bolivia. Other relaxations of the navigation laws have been since granted to particular states by treaty, particularly Austria and the Hanse Towns, for an account of which, we refer to the heads Austria, and Lubec ; while farther information on the subject of this article will be found under Shipping. The following is an abridgment of the Navigation Act at present in force : — Abridgment of an Act for the Encouragement of British Shipping and Naviga- tion, viz. 3 & 4 Wm. IV. c. 54, with the Amendments of later Enactments, viz. 4 & 5 Wm. IV. c. 89 ; 1 & 2 Vict. c. 113 ; and 3 & 4 Vict. c. 95. § 1. Act 6 Geo. IV. c. 109 and succeeding ' in ships of his dominions : Raw silk and Mohair acts consolidated. § 2. The sorts of goods after enumerated, being the produce of Europe, viz. masts, timber, boards, tar, tallow, hemp, flax, currants, rai- sins, figs, prunes, olive oil, corn or grain, wine, brandy, tobacco, wool, shumac, madders, mad- der roots, barilla, brimstone, bark of oak, cork, oranges, lemons, linseed, rapeseed, and clover- seed, must not be imported for home use, ex- cept in British ships, or in ships of the country of which the goods are the produce, or in ships of the country from which the goods are imported. § 3. Goods, the produce of Asia, Africa, or America, must not be imported from Europe for home use, except the goods after mentioned, viz. : — Goods, the produce of the dominions of the Emperor of Morocco, which may be imported from places in Europe within the Straits of Gib- raltar : Goods, the produce of Asia or Africa, which (having been brought into places in Eu- rope within the Straits of Gibraltar, from or through places in Asia or Africa within those straits, and not by way of the Atlantic) may be imported from places in Europe within the Straits of Gibraltar: Goods, the produce of places within the limits of the East India Com- pany's charter, which (having been imported from those places into Gibraltar or Malta in British ships) may be imported from Gibraltar or Malta : Goods taken by way of reprisal by- British ships : bullion, diamonds, pearls, rubies, emeralds, and other jewels or precious stones. § 4. The produce of Asia, Africa, or America, cannot be imported for home use in foreign ships, unless these be of the country of which the goods are the produce, and from "which they are imported, except the goods after mentioned, viz. :— Goods, the produce of the dominions of the Grand Seignior in Asia Or Africa, which may be imported from his dominions in Europe, yarn, the produce of Asia, which may be im- ported from the dominions of the Grand Seignior in the Levant Seas, in ships of his dominions : Bullion. [Authority is given to make treaties with countries on the Mediterranean, that the productions of Asia and Africa may be imported in the ships of such countries, as well as in British ships, 1 & 2 Vict. c. 113, § 30.] § 5. Manufactured goods are deemed the pro- duce of the country of which they are the manu- facture. § 6. No goods can be imported from Guern- sey, Jersey, Aldemey, Sark, or Man, except in British ships. § 7- No goods can be exported to any British possession in Asia, Africa, or America, nor to Guernsey, Jersey, Aldemey, Sark, or Man, ex- cept in British ships. § 8. No goods can be carried coastwise, except in British ships. § 9. No goods can be carried from any of the islands of Guernsey, Jersey, Aldemey, Sark, or Man, to any other, nor from one part to another of any one of these islands, except in British ships. § 10. A similar rule applies to British posses- sions in Asia, Africa, or America. § 11. No goods can be imported into any Bri- tish possession in Asia, Africa, or America, in foreign ships, unless they be of the country of which the goods are the produce, and from which they are imported. § 12. No ship is admitted to be a British ship unless registered and navigated as such ; and every British registered ship (so long as the re- gistry is in force, or the certificate retained) must be navigated during the whole of every voyage (whether with a cargo or in ballast), by a mas- ter who is a British subject, and by a crew, of which three-fourths at least are British seamen ; and if such ship be employed in coasting from NEE 490 NET one part of the United Kingdom to another, or between the United Kingdom and Guernsey, Jersey, Alderney, Sark, or Man, or from one of these to another, or from one part to another of any one of these islands, or be employed in fish- ing on the coasts of the United Kingdom, or of any of these islands, the whole of the crew must be British seamen. § 13. But British-built vessels under fifteen tons burthen, wholly owned and navigated by British subjects, though not registered as British ships, are admitted to be British vessels, in all navigation in the rivers and upon the coasts of the United Kingdom, or of the British posses- sions abroad, and not proceeding over sea, ex- cept within the limits of the respective colonial governments within which the managing owners respectively reside ; and all British-built vessels wholly owned and navigated by British subjects, not exceeding thirty tons, and not having a whole or a fixed deck, and being employed solely in fishing on the banks and shores of Newfoundland, and parts adjacent, or on the banks and shores of Canada, Nova Scotia, or New Brunswick, adjacent to the Gulf of St Lawrence, or on the north of Cape Canso, or of the islands within the same, or in trading coastwise within the said limits, are admitted to be British boats or vessels, though not registered. § 14. All ships built in the British settlements at Honduras, and owned and navigated as Bri- tish ships, are entitled to the privileges in all direct trade with the United Kingdom or the British possessions in America, provided the master produce a certificate under the hand of the superintendent of the settlements, that sat- isfactory proof has been made before him that the ship (describing the same) was built there, and is wholly owned by British subjects; and that the time of the clearance from the settle- ments for every voyage be indorsed on the cer- tificate by the superintendent. § 15. No ship is admitted to be of any particu- lar country, unless she be of the build thereof ; or be a prize of war ; or forfeited to the country under a law for the prevention of the slave-trade, and condemned by a competent court; or be British-built (not having been a prize of war from British subjects to any other foreign coun- try) ; nor unless the master and three-fourths of the crew are subjects of the country ; nor unless she be wholly owned by subjects of such country usually residing therein, or under the dominion thereof. The country of every ship is deemed to include all places which are under the same do- minion as the place to which the ship belongs. § 16. No person is qualified to be a master of a British ship, or a British seaman within the meaning of the act, except British subjects or persons who have served on board ships of war in time of war for three years ; but natives of places within the limits of the_ East India Com- pany's charter, although under British domin- ion, are not, upon the ground of being such na- tives, deemed to be British seamen. Every ship (except ships required to be wholly navigated by British seamen) navigated by one British seaman (if a British ship, or one seaman of the country of such ship, if a foreign ship) for every twenty tons, is deemed duly navigated, though the num- ber of other seamen should exceed one fourth, — the act not to affect the laws with respect to trade from and to places within the limits of the East India Company's charter. § 17- By royal proclamation during war, for- eigners, having served two years on board any ships of war in time of such war, may be declared British seamen within the meaning of the act. § 18. No British registered ship must be suf- fered to depart to or for any British possession in any part of the world ( whether with a cargo or in ballast), unless duly navigated. British ships, trading between places in America, may be nav- igated by British negroes, and ships trading eastward of the Cape of Good Hope within the limits of the East India Company's charter may be navigated by lascars, or other natives of countries within those limits. § 19. The master or owners of ships forfeit for every foreign seaman on board, contrary to the act, £10 ; but if a due proportion of British sea- men cannot be procured in any foreign port, or in any place within the limits of the East India Company's charter ; or if the proportion be de- stroyed during the voyage by any unavoidable circumstance, and the master produce a certifi- cate of such facts under the hand of any British consul, or of two known British merchants, if there be no consul at the place where such facts can be ascertained, or from the British governor of any place within the limits of the East India Company's charter ; or, in the want of such cer- tificate, make proof of the truth of such facts to the satisfaction of the collector and comptroller of any British port, or of any person authorized in any other part of the world to inquire into the navigation of such ship, she is deemed to be duly navigated. § 20. The necessary proportion of British sea- men may at any time be reduced by proclamation. § 21. Goods, not otherwise prohibited than by the law of navigation, as above, may be imported from any place in a British ship, and from any place not being a British possession in a foreign ship of any country, and however navigated, to be warehoused for exportation only. § 22. Goods imported, exported, or carried coastwise, contrary to the law of navigation, are forfeited, the master incurring a penalty of £100. § 23. Penalties, &c, are recovered and used, as directed by act 3 & 4 Wm. IV. c. 53, for the prevention of smuggling. [By 3 & 4 Vict. c. 95, the Queen in council may appoint any port which is the most con- venient for shipping the produce of a state, to be held (under the limitations in the order) as a shipping port for that state, though situated in a different country. The act was passed to carry out a treaty to admit Austrian vessels from the Turkish ports on the Danube.] S NEEDLES are made from the best steel, reduced by a wire-drawing machine to the suitable diameter. The manufacture, supposed to have originated in Spain, was introduced into England about 1565 by Elias Krause, a German, who then settled in London. At present it is carried on chiefly at Redditch in Worcester- shire, Hathersage in Derbyshire, and in and near Birmingham. Dr Ure states that " the construction of a needle requires about 120 operations ; but they are rapidly and uninterruptedly successive. A child can trim the eyes of 4, farther transportation was stopped, owing to the difficulty which began to be felt in combining convict with free labour, and other circumstances affectirg the moral interests of the colony. This change has produced some embarrassment ; but the tide of voluntary immigration has now, it is believed, set in too strongly to render its unfavourable in- fluence o'ther than temporary. In the 10 years ending 1838, only 23,185 free immigrants arrived. In 1840, however, no fewer than 14,392 left the United Kingdom for Australia, including 7648 to Sydney ; and, in 1841, 28,724, including 17,492 to Sydney, and 9894 to Port Phillip. This increase has been mainly owing to the allowance of bounties to labourers out of the land sales. The branch of industry nest in importance is the South Sea whale-fishery, in which the colo- ve a considerable" amount of shipping employed ; yielding of exportable produce, in 1840, 1854 tuns sperm, and 4298 tuns 1 lack whale oil, besides 25 dwts. 20 grains. Finances. — The revenue is commonlv stated at $5,000,000, or £1,000,000, but we have no recent account of it, or of the domestic debt. The foreign ed nations ; exempts the subjects of the one coun- try residing in the otheT from all compulsory military service, and in the event of war, is to allow them 6 months to wind up accounts ; and debt consists of three British loans, — £450,000, contains a great variety of other regulations, for contracted in 1822, at 88 per cent. ; £750,000 in ! which see HertsleVs Treaties, vol. v. p. 383. 1824, at 82 per cent ; and £616,000 in 1825, at| PERUVIAN or CINCHONA BARK, a celebrated medicine obtained from a genus of trees (Cinchona) confined to the lofty Cordilleras of the Andes in S. America, between La Paz, in about 22° S. lat. and Santa Martha, near 10° N. lat. Its febrifuge powers are said to have been made known in Europe in 1640, by a Countess Cinchona, wife of the viceroy in Lima, who had been cured by it. The bark i3 collected in the forests in the dry season, between September and Novem- ber, and sent in bundles in the green state to the nearest inhabited place, where it is dried in the sun, the utmost care being requisite to protect it from wet, as even a few hours' dew falling on the half-dried bark will give to the interior a blackish appearance, and greatly lessen its value. The finest is said to come from single trees growing in the coldest and most elevated spots, but there are many varieties; and as mixtures and adulterations are also common, great experience is necessary to select the finer kinds. Of these, the four following are distinguished by British druggists. 1. Crown Bark (Sp. Cascarilla fina de Uritusinga), the produce of the C. Condaminea of Humboldt, found near Loxa, is quilled, straight, 6 to 15 inches long, from the size of a crow-quill to that of the thumb in diameter, and in thickness from l-30th to l-6th of an inch. Epidermis entire, with external surface longitudinally furrowed, and crossed with fissures ; it presents vari- ous tints of gray, irregularly covered with minute white lichens. Inner surface and powder of a cinnamon brown colour. Taste, bitter, somewhat acid, aromatic, and astringent; odour, faint, peculiar, and aromatic. The quills of middle size are preferred. 2. Gray Bark (Sp. Cascarilla provinziana), also called silver bark, and Huanaco bark, procured from the C. Scrobiculata of Humboldt, is exported from Lima. It occurs in quills larger than the preceding, less furrowed, more uniformly grayish-white, inside redder, fracture closer and more resinous ; epidermis entire. Taste and odour nearly identical with crown bark. It is a superior kind, but it comes mixed with ash-bark and rusty bark. 3. Yellow Bark (Sp. Cascarilla Calisaya), the source of Qutnine, is shipped at Arica, but its origin is doubtful. It occurs partly quilled and partly flat. The quills, larger than the crown and gray, are 9 to 15 inches long, 1 to 2 inches in diameter, and l-8th to l-3d inch thick ; generally single, with the epidermis wrinkled longitudinally, and with transverse fissures ; rough; >rrayish-brown, mottled with lichens. Inner surface smooth, and yellower than the preceding kinds. Transverse fracture close but splintery. Taste and odour stronger than crown. The flat pieces, often stripped of their epidermis, are 8 to 18 inches long, and 1 to 4 inches broad. Good flat bark is preferred to the quilled ; and the finest are the middle-sized pieces, dense and close in texture. Cuzco bark and Orange bark are sometimes substituted for this kind. 4. Red Bark (Sp. Cascarilla Colorado), also of unknown origin, consists sometimes of quilled, but more commonly of flattish pieces, from 2 inches to 2 feet long, 1 to 5 inches broad, and i to J 2L PET 530 PHI inch thick ; generally covered with the epidermis, which is rough, wrinkled, little fissured, reddish- brown, with grayish" efflorescence in the hollows, from lichens. Taste very bitter and astringent. The quills, similar in size to those of yellow bark, are paler than the flat pieces. Red bark is scarce, dear, and rarely seen genuine. The inferior, yet still genuine kinds, are chiefly, — Ash-bark, of unknown origin, mostly used for adulterating crown : Rusty bark, imported from Lima, little esteemed, and in Britain pur- chased only for the German market : White Loxa bark differs little from Rusty : Hard Cartha- gena bark, and Woody Carthagena bark, both quilled and flat, are little valued : Cuzco bark, a good species, very bitter, is rare in the English trade : and Orange bark of Bogota, which re- sembles yellow bark, but is spongy, and feebly bitter ; it is rare in Europe. Pale bark is an old vague commercial term applied to inferior barks. The spurious barks used in adulterations are chiefly species of Exostemma, Buena, and Strychnos. For farther details, we refer to Dr Christison's Dispensatory, the work chiefly used in compiling this article. Cinchona bark is brought to the United Kingdom in chests or serons, from Chili and Peru. The quantity imported varies greatly from one year to another ; but on an average of the five years to 1840, it amounted to nearly 280,000 lbs., of which about 90,000 lbn. were entered for home con- sumption, and the rest re-exported to the Continent. PETROLEUM, a bituminous kind of mineral oil : at the usual temperature it is rather thicker than common tar, and has a strong disagreeable odour. When exposed to the air it thickens, and passes into a species of bitumen. An oil similar to naphtha is obtained from it by distillation. It is principally found in coal dis- tricts. Its chief localities in this country are, Ormskirk in Lancashire, Coal Port near Colebrookdale, and Pomona, one of the Orkney Isles. In Asia it is found plentifully, and its uses to the inhabitants are important : from Mosul to Bagdad it is used instead of oil for lamps ; when mixed with earth or ashes it serves for fuel. PEWTER is commonly made of 4 parts of tin and 1 of lead ; but a fine kind is said to consist of tin mixed only with a little antimony and copper. It is used in the manufacture of drinking-vessels ; formerly plates and dishes were also made of this alloy. PHILIPPINE ISLANDS, an extensive group in the N. E. extremity of the Indian Archipelago, betwixt lat. 5° and 20° N., and long. 120° and 126° E. The chief islands are Luzon or Luconia, Mindoro, Panay, Negros, Masbate, Zebu, Bohol, Leyte, Samar, and Mindanao. The whole are claimed by Spain; but several of them are independent.. Population subject to that kingdom, in 1837, .3,202,760, of which 2,264,807 were in Luzon ; chiefly Papua negroes, Malays, and other Eastern tribes, with about 3000 Europeans. The government is vested in a captain-general, who has extensive powers. These islands have been possessed by Spain since 1564. They were taken by the British in 1762, but restored in 1764. S Few countries are more favoured as to soil and climate than the Philippines. The only disad- vantages under which they labour are a very frequent exposure to tornadoes and typhoons, and a somewhat excessive moisture. The rainy and windy season generally lasts from May until Sep- tember, sometimes so late as the beginning of December : in June and July, the winds sometimes blow with incredible fury in the N. part of Luzon. Notwithstanding their tropical latitude, the height of their mountains and sea-breezes prevent the heat from being oppressively severe ; and as a general spring continues a large proportion of the year, if the atmosphere were less moist, the climate would be unobjectionable. To this redundant moisture, however, must be attributed the great luxuriance of the country,— the trees being always covered with leaves and the, soil with vegetation. The islands are capable of producing all colonial commodities. In several places there are mines of gold and iron, but they are not worked. The chief object of cultivation is rice, which, with fish, forms the ordinary food of the natives. The other products resemble those of tropical countries in general, — including sugar, chiefly cultivated in the plain of Pampanga in Luzon, coffee, and tobacco of superior quality, indigo, and a variety of commodities peculiar to the Eastern Islands ; timber, well adapted for shipbuilding, is found in Luzon, also damar and a species of native hemp. Of late years the demand for opium in China has led to the intro- duction and cultivation of the poppy, for which the soil is well adapted. The cattle and horses introduced by the Spaniards have multiplied so much that thev run wild among the mountains, and are destroyed in large numbers for the hides. Fish abound'in the bays and creeks. The geographical position of the Philippines is most favourable for commercial intercourse with India, America, Australia, and China. Their vicinity to China is indeed their most distinctive peculiarity, the E. end of Luzon being little more than 400 miles distant from the provinces of Fokien and Canton. This proximity has at different times excited the jealousy of the Chinese, and would alarm them still more if the Spaniards displayed energy and activity. Manilla, the capital, and commercial emporium of the Philippines, lies in lat. 14° 35' N., long. 121° 2' E., in the E. corner of an extensive bay, on the S. W. coast of Luzon. It stands on the banks of the river Pasig, which is here about as broad as the Thames at Vauxhall. There is a bar at the entrance, over which there are only 12 feet of water at spring-tides, and ships anchorin roads about 1J mile from the shore, except duiing the S. W. monsoon, from April to November, when they take shelter in Carite, a small port 3 leagues S. of Manilla. Population, including the native suburbs, 120,000. The foreign trade, before the revolution in Spanish America, was restricted to one galleon annually to Acapufco, but since that event it has been thrown open to other nations, and materially increased by intercourse with the British and Americans. The staple exports to the European market are sugar, indigo, rum, cigars, hemp, hides, cotton-wool, and cassia ; and to China, rice, sapan-wood, edible birds' nests, and tripang. Small parcels of coffee, ebony, sulphur, pearls, mother-of-pearl, tortoise-shell, and cordage are also exported. European manufactures, PRO 531 PIL including considerable quantities of British cottons and woollens, are imported through various channels. Accounts are kept in dollars ; and the measures and weights are partly Spanish and partly Chinese. PHOSPHORUS is usually obtained by acting upon powdered bone-earth with sulphuric acid. When pure, "it is tasteless, colourless, or of a pale buff hue, semi- transparent, and flexible. Sp. gr. 1770. When exposed to the air it undergoes a slow combustion, exhaling luminous fumes of a peculiar odour, and hence the ne- cessity of preserving it in water. Phosphorus and some of its combinations are used in medicine, and for certain purposes in the arts. PIANO FORTE. [Musical Instruments.] PIASTRE, the dollar of exchange in Spain, where it is also called the Peso de Plata, is an imaginary money estimated at 8 reals old plate, or 15 reals 2 maravedis vellon ; and as the hard dollar [Dollar] is worth 20 reals vellon, the piastre is equivalent at par to 3s. l|d. sterling. The piastre or piece of eight was formerly a silver coin worth about 4s. 6d., being in fact the old dollar. The piastre is also a coin and money of account in Turkey, where, however, it is now so much de- preciated as to be worth only from 2d. to 2gd. sterling. PIC, or PIKE, a Turkish cloth measure, equal % Imp. yard. PILCHARD (Fr. Sardine, Pelamide. Ger. Sardelle. It. Sardine. Sp. Sor- dino arenque), a species of herring (Chipea pilchardus), about the same length as that fish, but having its body thicker and rounder, and its scales larger. It frequents the British seas, but is only found in great numbers on the shores of Devon and Cornwall, chiefly from Dartmouth to Padstow, round the Land's End ; the principal fishing stations are, St Ives, Mountsbay, St Mawes, and Mevagissey, where they arrive in shoals in August and September, and again in Novem- ber or December ; and are caught both by seans and by drift-nets. They are sold on the beach at about Is. per 100. Those intended for curing are first salted in heaps, and then packed into hogsheads, each containing about 2500 fish. The oil with which the fish abounds is afterwards extracted by pressure, 48 hhds. yielding about 1 tun of oil. The pilchard fishery is perhaps of less comparative importance at present than it was 70 years ago. An opinion prevails that it has been injured by the withdrawal, in 1827, of the bounty of 8s. 6d. upon each hhd. exported ; but though the temporary effect may have been severe, the permanent interests of the fishery will no doubt be benefited by the return to a more healthy system. At present about 3500 men are employed at sea, and 5000 men and women on shore. The capital directly invested in the fishery, in 1827, was stated by Mr Couch to Mr Yarrel to be £441,215 : it is now probably much less. The home market is almost entirely confined to Devon and Cornwall ; scarcely any reach London ; and it is stated as a reason for this, that they are not agreeable to the public taste. About 30,000 hhds. are annually exported, chiefly to Naples, Venice, Leghorn, An- cona, Genoa, and Trieste. The consumption at most of these places might, how- ever, be greatly increased by a reduction of the present heavy duties. S PILOT, a person taken on board a ship at a particular place, for the purpose of steering it through a river, road, or channel, or from or into a port. Pilotage up and down the rivers Thames and Medway, and along the whole of the coast from Orfordness to the Isle of Wight, is regulated by the statute 6 Geo. IV. c. 125, which gives the appointment and general superintendence of pilots to the corpo- ration of the Trinity House of Deptford Stroud, excepting those under the Lord Warden of the Cinque Ports, who, however, act under similar regulations. The statute directs that no person shall, under the risk of incurring severe penalties, take charge of a vessel as pilot without a license from the Trinity House or Lord Warden; and such license, which is only to be granted after an examination of the qualifications of the person seeking to obtain it, may be suspended in cases of negligence or misconduct. In other parts of the United Kingdom, pilots are appointed and regulated, either by local acts of Parliament, or by ancient char- ters of incorporation ; but several provisions in 6 Geo. IV. c. 125, are applicable to all parts of England. In all those parts of a voyage where a pilot is employed by regulation or usage, termed " a pilot's fairway," one must be obtained (Vide Abbot on Shipping). The owner or master of a vessel having a pilot on board, licensed by the ordi- nary custom of the place, is not responsible for any damage which arises from neglect or want of skill on the part of the individual appointed. But his proceed- ings must not be controlled by the master. On the other hand, the presence of a pilot does not absolve the master from the consequences of injury caused by his own carelessness or want of skill. PIM 532 PIN In some foreign countries the term pilot is further applied to an officer whose special duty it is to steer the vessel during the general course of the voyage. No such officer, however, is known either in the British merchant- service or ships of war. In the latter, the charge of the helm is one of the many duties of the mas- ter and his mates. PIMENTO (Fr. & Ger. Piment. It. Pepe garofanato), a small, dry, reddish- brown berry, the fruit of a tree (Myrtus Pimento) common on the N. side of Jamaica, whence it is called Jamaica pepper. It is also named Allspice, from its taste and flavour (qualities which reside chiefly in the cortical part of the berry) being supposed to resemble that of a mixture of cloves, cinnamon, and nutmegs. The berries are gathered before they are ripe, and dried in the sun ; the smallest and most fragrant being preferred. The produce of the pimento crop, though some- times very abundant, is variable ; and there is seldom a plenteous harvest above once in five years. A corresponding fluctuation occurs in the annual importations into Britain, which vary from about 1 ,000,000 lbs. to upwards of 3,000,000 lbs. With the exception of a small quantity from the United States and other places, pimento is imported wholly from Jamaica, the produce of which has declined consider- ably of late years. It is packed either m bags or hogsheads. On an average of the five years to January 1842, the quantity imported was 1,181,435 lbs.; entered for home consumption, 304,164 lbs. The excess of the former above the latter was re-exported to the Continent, and to British America and Australia. S PINCHBECK, a factitious metal resembling brass, but containing more copper. PINE, a family of trees (Pinus) mostly inhabiting the northern parts of Europe and America. They almost all affect siliceous sandy soils, but many will flourish in rocky and comparatively barren lands. The trees are various in size. Their chief use is in domestic architecture ; whence the pine has been called " the build- er's tree." Having usually, however, a long, straight, conical, undivided trunk, several kinds are prized for ship-masts. They all yield resinous matter. The chief species are the following : — The Common Pine or Scotch Fir (P. Sylvestrit). — This species, of which there are many va- rieties, stands in the first rank of forest trees, whether as regards its hardy habits, its rapid growth, or its value in the production of useful timber, the " red deal " of the carpenter. The best is that nearest the root. In Scotland, the fir often acquires a great size, the climate being well suited to it. In England, it is chiefly valued as a screen or nurse to other trees. Dense forests of it cover the mountainous tracts of Northern Europe, the timber of which, with its resinous products, tar, pitch, and turpentine, forms the great staple of many of the Baltic states. The finest is the Norwegian : that shipped from Memel, Riga, and Dantzic is inferior to it, though still good. The Common or White Larch (P. Lariv), a native of Switzerland, Russia, and Siberia, grows very erect, with drooping branches, gradually diminishing from the base, and giving it a pyramidal form. No tree has received greater attention in modern times from the British planter. It was introduced into Scotland by Lord Karnes in 1734 ; many millions were afterwards planted on the Atholl estates ; and it is now extensively cultivated upon barren exposed land throughout Bri- tain. It grows rapidly, and produces timber of great excellence, both for domestic purposes and shipbuilding: it is equally good throughout its thickness, possessing no sap-wood. The larch also yields " Venice turpentine," and its bark is nearly as valuable as that of the oak. The Norway Spruce Fir (P. Abies), which attains a height of 150 feet, constitutes, with larch, the greatest proportion of the vast woods of Norway and Sweden. It is inferior to larch, though durable and of a fine even grain. In the market it is called white or Christiania deal. The tree attains a large size on cold damp clays, situated on declivities. The Black or Red Spruce Fir (P. Nigra or Rubra) grows in the most inclement regions of N. America, especially in swampy valleys having a deep black soil. Its timber — strong, light, and elastic — is of great value. It is employed for the yards of ships, and, in districts where oak is scarce, also for their knees ; though apt to split, floors are also occasionally laid v. ith it. The White Spruce (P. Alba), often found along with it in America, is smaller, and yields inferior timber. The Weymouth or American White Pine (P. Strobus), with an erect and lofty trunk, is a native of Canada and of the more northern districts of America. It grows very fast in sheltered situations and moderately moist sandy soils ; and produces the clean, white, soft, but perishable timber, called in America " Pine," largely exported in the form of deals both to Europe and the West Indies. It is also much used in shipbuilding. The Yellow Pine (P. Mitis) is a fine tree, inhabiting the pine forests of North America, yielding timber of great value both for domestic and naval architecture, provided the sap-wood is removed. In Britain it is regarded as very durable, and in America it ranks next to The Southern Pine (P. Australis or palustris), the best species in the New World. This tree is a native of Virginia and Carolina, where it grows from 60 to 70 feet in height, with a trunk from 15 to 18 inches in diameter for 2-3ds of its length. It produces light, clear, and dura- ble timber, which is extensively used in shipbuilding, especially for masts ; also abundance of tar. The chief other species are the Cedar [Cedar] : the Red Pine (P. Resinosa) of Canada, yielding a fine-grained strong durable wood of a close texture: the Corsican Pine (P. Laricio), a noble tree of S. Europe, extensively used by the French in shipbuilding: and the Silver Fir (P. Picea), largely grown in the kingdom of Naples. The Hemlock Spruce Fir of N. America yields wood of little value ; but a great deal of the essence of spruce is obtained from its shoots, and its bark is exceedingly valuable. [Timber.] PIN 533 PLA PINE-APPLE, the well-known succulent fruit of a tropical plant (Ananassa sativa), indigenous to America and the W. Indies, but commonly reared in hot- houses and pots in Britain. It is the most luscious fruit produced in this kingdom, where its noble appearance has always rendered it a special object of horticultural enterprise. In England it has been obtained of a size weighing 14 lbs. In its aboriginal state it is inferior ; and except perhaps the Burmese pines, the most delicious specimens are the produce of this country. S PINK ROOT. [Spigelia]. PINS (Fr. Epingles. Ger. Stecknadelri) are made on a great scale at Birming- ham, where some manufacturers employ several hundred persons in the fabrication of these little instruments ; they are also largely produced at Warrington, Sheffield, Gloucester, and London. Of late several beautiful inventions have been success- fully employed to make pins almost entirely by machinery. The number daily made in this country for home use and exportation is estimated by Dr Ure at fifteen millions. PINT, a British measure equal £th part of a gallon. [Measures.] PIPE, a wine measure varying in different places. [Measures. Wine.] PIPE-CLAY, a very plastic and tenacious kind of clay, of a grayish or yellow- ish-white colour, found near Poole in Dorsetshire, in the Isle of Purbeck, and other places. It is manufactured into tobacco-pipes ; and is besides used as the basis of the queensware pottery, as well as a detergent by scourers of cloth. PISTACHIO NUTS (Fr. Pistaches. Ger. Pistachen. It. Pistacchi, Fastucchi), used at the dessert and for confections, are the fruit of a small tree (Pistacia vera) indigenous to Syria and Persia, but now naturalized in the S. of Europe. They are moderately large, of a red or pink colour, and contain a greenish kernel, having a pleasant, sweet, unctuous taste, resembling that of almonds. They are imported into Britain from Turkey, France, Sicily, and other places. PISTOLE, a Spanish gold coin, equal |th of the Doubloon. PITCH, a substance made by melting coarse hard resin with a portion of tar, generally one-half ; but the quantity is increased or lessened according to the con- sistency of the latter. PITCH BLENDE, a ponderous metalliferous ore, of a blackish colour, much va- lued by porcelain painters. Localities — Saxony, Bohemia, Hungary, and CornwaD. PIX, the name given to a box kept at the British mint, in which" a small sample of the coins struck are deposited, in order to be assayed and compared with a standard preserved in the Exchequer. This operation, called the " Trial of the Pix," is performed in presence of certain members of the Privy Council, the officers of the mint, and a jury of the Goldsmiths' Company. An account of this ancient ceremony will be found in Ruding's " Annals of the Coinage." It now usually takes place on the appointment of a new master of the mint before his predecessor receives a discharge. PLAICE, a species of flounder (Platessa vulgaris) taken in abundance on the coasts of Britain and Ireland. It spawns in February or March ; and is in the best condition for the table at the end of May. PLANE, a British forest tree (Platinus), admired for its beauty ; but of little value except for fuel. PLANTAIN, a delicious fruit, yielded by the Musa sapientum, a plant about 15 or 20 feet in height, found in most tropical countries. It closely resembles the banana ; is at first green, but when ripe of a pale yellow colour, about a foot long, and nearly two inches in diameter. In favourable situations, however, it is to be found of nearly a foot in circumference, with a length of seven or eight ; and a bunch sometimes contains from 160 to 180, and weighs from 66 to 88 lbs. It is generally cut when unripe ; and after being skinned is roasted and served up as bread. It is also used for fattening domestic animals. [Banana]. PLASMA, a green, semi-transparent calcedony, having a dark tint, which is said to be coloured by chlorite. It is found chieny in India, and is brought to this country in the shape of beads and other ornaments ; occasionally specimens are found among the ruins of Rome. PLATA, LA, REPUBLIC. [Buenos Ayres.] PLATE and PLATED WARES. Plate is a term applied to gold and silver wrought into furniture or ornaments. Plated wares are articles made, in imita- tion of the preceding, of base metal, coated over with gold or silver. The gold- beaters' trade is carried on in London, and, though to an inferior extent, in Bir- mingham, Dublin, Edinburgh, Glasgow, and Liverpool. Silver and silver-plated PLA 534 PLA goods are made chiefly in London, Birmingham, and Sheffield. The quantity cf gold and silver articles manufactured in the United Kingdom is considerable ; but beyond the produce of the duties, mentioned below, we possess no data for com- puting its amount. The value of plated wares annually consumed has been esti- mated so high as £1,200,000, — this department having derived great advantage from the perfection of the machinery now used in this country for rolling metals ; while it has no doubt likewise received encouragement from the heavy duties im- posed on gold and silver articles. The declared value of the plate, plated ware, jewellery, and watches, exported from the United Kingdom, in the years 1838, 1839, and 1840, amounted respectively to £240,584, £274,305, and £204,427; sent chiefly to India, the colonies, and the United States. S Assay Regulations, Licenses, Duties, and Drawbacks. Assay Regulations and Marks. — Articles of gold must be of the fineness of 22 carats, or f fths, the money standard, or of 18 carats: the latter is employed chiefly for watches and rings. Silver must be of the fineness of 11 oz. 2 dwts., orfjths, the money standard, or of 11 oz. 10 dwts. ; but the latter, called " new sterling," is seldom used. [Carat. Coin.] All gold and silver articles of the money stand- ard are marked with the following devices : in England a lion, in Scotland a thistle, and in Ireland a figure of Hibernia. The gold standard of 18 carats is in addition marked with the num- ber 18, and the new sterling with the figure of Britannia. Articles of all standards capable of bearing a stamp are also marked with the maker's initials, the arms or device of the assay office, and a let- ter indicating the year. The device of the Gold- smiths' Office, London, is a leopard's head ; of the Assay Office, Birmingham, an anchor; of Shef- field, a crown; of Newcastle, three castles; of Dublin, a harp and crown; of Edinburgh, a castle ; and of Glasgow, a tree with a bell and fish. The letter used by the Goldsmiths' Company in- dicates the year by beginning the alphabet in 'May 1796, and reckoning on to 2(» letters progressively, omitting J and ending with U. The first 20 years is represented by a Roman capital ; the second, commencing May 1816, by small Roman charac- ters ; the third, commencing May 1836, by old English capitals. _ On articles for which a duty is paid, an impres- sion of the queen's head is likewise stamped. The cuttings of the articles assayed are kept in each office in the Pix [Pix] or " Diet Box," in order to be proved before the proper officers. Annual Licenses, payable in Britain by dealers chains, necklaces, beads, lockets, filigree work, shirt buckles or brooches, stamped medals, and spouts to china, stone, or earthenware teapots, of any weight whatever ; tippings, swages, or mounts, not weighing 10 dwts. of silver each, and .not being necks or collars for castors, cruets, or glasses appertaining to any sort of stands or frames ; wares of silver, not "weighing 5 dwts. each : this exemption is not to include necks, collars, and tops of castors, cruets, or glasses appertaining to any sort of stands or frames, buttons to be affixed to or set on any wearing apparel, solid silver buttons and solid studs, not having a bizelled edge soldered on, wrought seals, blank seals, and bottle tickets, shoe clasps, patch boxes, salt spoons, salt ladles, tea spoons, tea strainers, caddy ladles, buckles, and pieces of garnish, cabinets, knife cases, tea chests, bridle stands or frames. (52 Geo. III. c. 59 ; 55 Geo. III. c. 185 ; 1 Geo. IV. c. 14 ; 6 &7 Wm. IV. c. 69.) In Ireland the duty, formerly Is. per oz. on both gold and silver plate, was raised in 1842 (Oct. 10) to the same rates as in Britain. On the exportation of Irish plate to Britain a countervailing duty of 16s. per oz. was formerly payable on gold, and 6d. per oz. on silver ; equi- valent drawbacks being allowed on the exporta- tion of British plate to Ireland ; but these are now abolished. The net produce of the stamp-duties on plate was in 1820, £86,750; 1830. £81,646; and in 1840, £82,968; about l-18th being from gold. On exportation to other countries the whole duties are drawn back, debentures for which are issued at the custom-house ; though, in London, the drawback is payable at Goldsmiths' Hall. Previous to entry for drawback, bond to be in gold and silver plate, in which gold exceeding 2 given that the plate shall not be re-landed, dwts.andunder2oz.,orofsilverexceeding5dwts. | and declaration made as to the stamping and and under 30 oz., is contained in one piece, £2, 6s. time of manufacture ; which bond remains in When of greater weight, the cost of the license I force until the exporter produce to the collector is ,£5, 15s. ; and every pawnbroker and refiner of gold or silver plate must take out this license. Gold or silver lace is not deemed plate. Stamp Duties in Britain on plate made since August 31, 1815; namely, gold, 17s. per oz. ; and silver, Is. 6d. per oz. Exemptions, gold watch-cases, rings, and any articles of gold not exceeding 2 oz. in weight ; silver watch-cases, the bills of lading, having at the foot the receipt of the master of the vessel, and on the back that of the consignee ; describing the kinds and quan- tities of plate so shipped, together with the name of the consigner. If the ship be lost, or return not within three years, the bond, on proof there- of made to the collector, shall be cancelled. (25 Geo. III. c. 64.) PLATINUM, a metal of a colour between steel-gray and silver-white. Sp. gr. 21*5. It is very hard, and possesses great malleability and ductility. It may be beaten into fine leaves, and drawn into wire not exceeding l-2000ths of an inch in diameter. When about 1 -13th of an inch thick it sustains a weight of 270 lbs. This metal is extremely difficult of fusion ; but it has the property of being united by welding either one piece to another, or with iron and steel. This property admits of useful applications in the arts ; wires may be joined so as to form rings and chains ; and, with a view to economy, platinum may be attached to iron or steel for many scientific purposes. The perfection with which vessels of platinum resist the action of heat and air, of most of the acids, and of sulphur and mercury, renders them peculiarly valuable in many chemical applications ; and, notwithstanding the PLE 535 POL high value of the metal, which is worth between four and five times its weight of silver, it is now much employed for crucibles, retorts for the distillation of sul- phuric acid, mirrors for reflecting telescopes, and also by gunsmiths. In Russia it is made into coins. Platinum was discovered about 1741 ; but it attracted little notice until the mode of purifying it and rendering it malleable was discovered by Dr Wollaston. It is found in the metallic state in Brazil and Peru ; in Antioquia in South America ; in Estremadura in Spain ; and lately in considerable quantities in the Uralian Mountains. The general appearance of it in the rough state in which it is imported is that of small grains or scales, darker than silver, and extremely heavy. PLEDGE. [Pawn.] PLUM, the well-known fruit of a tree (Prunus domestica), indigenous to the greater part of the northern hemisphere. Of this fruit no fewer than 274 varieties are enumerated in the Catalogue of the Horticultural Society. Dried plums form an article of commerce under the name of prunes and prunelloes. They are largely imported into this country, especially from France. The timber of the plum-tree is close and strong ; and the bark may be used in dyeing yellow. PLUMBAGO, or BLACK LEAD, is the well-known opaque blackish-gray glistening substance used in the manufacture of pencils, for which purpose the best is that procured near Borrowdale in Cumberland. [Pencil Manufacture.] An inferior soft kind is imported from the East Indies. Plumbago is also employed for making crucibles, in compositions for protecting iron from rusting, and for diminishing friction in machinery. S POLACCA, a vessel with three poles or masts, each of one piece, so that the topsails, on being lowered, can slide down without interruption. This form of rig originated in the suddenness and frequency of squalls in the Mediterranean, where alone vessels of this kind are used. POLICY OF INSURANCE is the written instrument under which the con- tract of insurance is effected. S In Marine Insurance, there are two descriptions of policy— open, and valued. In the former, the pecuniary amount of the interest insured is not stated, but re- mains to be afterwards adjusted. In the latter, a value is set on the interest in- sured, and being assented to by the underwriter, it is presumed to be the real value, and to be the sum payable in case of loss. A nominal valuation, however, will not be sanctioned as a cover to a wager or a fraudulent transaction ; and if the insured be found to have designedly over-valued his interest, he will not recover even for the loss actually sustained. The amount which should be covered by a valued policy, is the real value of the ship, or the prime-cost of the goods, as the case may be, at the time of effecting the policy, together with the amount of the premiums and other expenses of insurance. The provisions of the 19th Geo. II. c. 37, which prohibit wager-policies, are satisfied if there be an interest, however inadequate to the value put upon it ; and it appears to be the general principle that, except where there is fraud, such value is the final adjustment between the parties in the case of total loss. In the case of partial loss, there is no difference between a valued and an open policy. Before a policy is effected, the terms on which the underwriters will subscribe it are, at Lloyd's, generally noted on a " slip," which is signed by their initials. It has been decided that, unless it be stamped, this document can- not be received in evidence to contradict the policy, and it does not appear what stamp would be applicable. {Park, 347.) By statute, 11 Geo. I. c. 30, § 44, when an insurance is effected, a policy must be made out within three days, under penalty of £100. The usual form of the policy, as kept up by the old exclusive companies, is antiquated and cumbersome ; but, with these disadvantages, it is supposed to have in its favour the conventional meaning which usage and a course of decisions have given to its terms. The following is the form :— " In the Name of God. Amen. " A B, as well in bis own name, as for and in the name and nnraes of all and every other per- son or persons to whom the same doth, may, or shall appertain, in part or in all, doth make assurance, and cause himself, and them, and every of them, to be insured, lost or not lost, as and from Upon any kind of goods and merchandises, and also upon the body, tackle, apparel, ordnance, munition, artillery, boat, and other furniture of and in the good ship or vessel, called the whereof is master, under God, for this present voyage, E T, or whosoever else shall go for master in the same ship, or by whatsoever other name or names the same ship, or the master thereof, is or shall be named or called ; beginning the adventure upon the said goods and merchandises from the loading thereof aboard the said ship, upon the said ship, &c. and so shall continue and endure during her abode there, upon the said ship, &c. And further, until the said ship, with all her ordnance, POL 536 POL tackle, apparel, &c, and goods and merchandises whatsoever, shall be arrived at upon the said ship, &c, until she hath moored at anchor twenty-four hours in good safety ; and upon the goods and merchandises until the same be there dis- charged and safely landed. And it shall be lawful for the said ship, &c., in this voyage, to pro- ceed and sail to, and touch and stay at, any ports or places whatsoever, without prejudice to this insurance. The said ship, and goods and merchandises, &c, for so much as concerns the assureds, by agreement between the assureds and assurers in this policy, are and shall be valued at . Touching the adventures and perils which we the assurers are contented to bear, and do take upon us in this voyage : they are of the seas, men of war, fire, enemies, pirates, rovers, thieves, jettisons, letters of mart and counter mart, surprisals, takings at sea, arrests, restraints, and detainments of all kings, princes, and people, of what na- tion, condition, or quality soever, barratry of the master and mariners, and of all other perils, losses, and misfortunes that have or shall come to the hurt, detriment, or damage, of the said goods and merchandises, and ship, &c, or any part thereof. And in case of any loss or misfor- tune, it shall be lawful to the assureds, their factors, servants, and assigns, to sue, labour, and travel for, in and about the defence, safeguard, and recovery of the said goods, and merchandises, and ship, &c, or any part thereof, without prejudice to this insurance ; to the charges whereof, we the assurers will contribute each one according to the rate and quantity of his sum herein as- sured. And it is agreed by us the insurers, that this writing or policy of assurance shall be of as much force and effect ns the surest writing or policy of assurance heretofore made in Lombard Street, or in the Royal Exchange, or elsewhere in London. And so we the assurers are contented, and do hereby promise and bind ourselves, each one for his own part, our heirs, executors, and goods, to the assureds, their executors, administrators, and assigns, for the true performance of the premises, confessing ourselves paid the consideration due unto us for this assurance by the assured at and after the rate of " In Witness whereof, we the assurers have subscribed our names and sums assured in ." It is usual to add the following provision as to liability for average losses in the case of certain destructible commodities : — " N.B. — Corn, fish, salt, fruit, flour, and seed, are warranted free from average, unless general, or the ship be stranded. — Sugar, tobacco, hemp, flax, hides, and skins, are warranted free from average, under £5 per cent. — And all other goods, also the ship and freight, are warranted free from average, under £3 per cent, unless general, or the ship be stranded." The requisites of a policy are generally divided into nine, which are, — 1st, The Name of the Insured. — By 28 Geo. III. c. 56, policies without the name or firm of the parties interested, or of the consigner or consignee, or of the person residing in Great Britain receiving the order for or effecting the policy, or of the person giving directions to effect the same, are null. Where the persons interested were designed " The Trustees of Messrs Keighley, Ferguson, and Co.," the re- quisites were considered as complied with (1 Camp. 538). 2d, The Name of the Ship and of the Master. — A material misunderstanding in this respect will vitiate the contract ; but to meet the effect of a mere mistake, it is usual to say, " or by whatsoever other name or names the same ship or the mas- ter thereof is or shall be named or called ;" and where there is no mistake as to identity, these expressions will protect the policy. If a merchant cause three several parcels of goods to be insured for three different ships, and find it conven- ient to load the whole in one, it is held that he can only recover in the event of a loss for the amount nominally insured on board that vessel. It is a long-established practice to insure upon goods " on board any ship or ships," from a particular port ; but it is said that this vague definition ought not to be adopted where the ship is known, as it " seems to amount to a representation, that the party effecting the insurance does not know in what ship the goods are to be brought." (Mar- shall, 321, 322.) 3d, The Subject-matter insured. — It is not necessary minutely to describe the property, farther than to the effect of exactly identifying it, and letting the under- writer know his risk. The usage of trade is consulted as a clue to the import of expressions which may not have a distinct meaning of their own, but will not be allowed to contradict what is clearly expressed. The word " goods " will be held to include an ordinary cargo, stowed away in the proper manner, but not goods lashed on deck (unless they be such as it is proper and usual so to bestow, as vitriol), nor the captain's clothes and the ship's provisions. Where the interest is of the nature of a factor's lien, or of that description, it will be covered by a policy on " goods ;" but freight must be specially insured by name. Money, jewels, and bullion may be insured as goods, if they are part of the cargo, and not on the per- sons of passengers. 4th, The Commencement and Termination of the Voyage, and the consequent Duration of the Risk. — If a blank be left for the port of departure, or for that of destination, the policy will be void from uncertainty. It is said, however, that an omission as to time, when the risk is measured by the time, will merely have the effect of making it commence with the execution of the policy. The expression M at and from the ship's loading port," covers loss sustained before departure, un- POL 537 POL less there be undue delay ; to cover which the expression " in port" is considered necessary. Though the commencement and termination of the risk he distinctly expressed, if there is any thing in the terms calculated to deceive the underwriter m to those of the voyage, the insured will not recover ; as, where a ship and goods were insured " at and from the coast of Brazil to the Cape of Good Hope, begin- ning the adventure on the goods, from the loading thereof on the coast of Brazil, and upon the ship in the same manner," and the goods were taken on board at the Cape, and carried to the coast of Brazil, where they were not unloaded, the risk was found not to have attached. (Robertson v. French, 4 East. 130.) The risk was in fact here described as commencing with the voyage, whereas it commenced during the voyage. Insurance from several ports of departure does not ?over a voyage from one to another. The insurance on goods is generally limited till the time when they are " discharged and safely landed ;" and these operations must be conducted without undue delay. The underwriter is liable if the loss happen after transshipment into shallops, lighters, droghers, or launches, unless they be those of the insured. 5th, The Perils insured against. — These must be distinctly enumerated; and they are described in general expressions, well understood in practice, from their long and unvarying application. It is usual to insert the words, "lost or not lost," by which "the insurer takes upon himself the loss which may have already happened, — a term said to be peculiar to English insurances. 6th, The Premium or Consideration.— This is always expressed as received, and so the engagements are entirely on one side, namely, that of the underwriter. In Eractice, however, the premium is not paid to the underwriter, but stands in account etween him and the broker. [Broker.] 7th, The common Memorandum, as given above, inserted to protect the under- writer from small losses on perishable commodities. In that form, an exception may be observed, of the ship being " stranded." This has been found to be " a condition ;" so that if stranding take place, the insured is admitted to prove all his partial loss, whether directly occasioned by the stranding or not. On this being decided, in 1754 (Contillon v. London A. C, Marshall, 216-225), the London and Royal Exchange Companies left the alternative of " stranded" out of their policies. Where there is no stranding, there is no recovery for the articles enumerated in the memorandum, unless the loss be total ; and so it was found where a cargo of fruit, having been captured and recaptured, was brought to the port of destination damaged 80 per cent, by the delay. {Park, 185.) 8th, The Date and Subscription. — It is the practice at Lloyd's not to insert the date in the body of the deed, but for each underwriter to attach it to his sub- scription. 9th, The Stamp.— This is regulated by 55 Geo. III. c. 184, amended by 3 & 4 Wm. IV. c. 23. A policy cannot legally be stamped after it is executed ; but, by 9 Geo. IV. c. 49, policies of mutual insurance, by which persons undertake to insure one another, may be fortified with additional stamps, if not underwritten to an amount exceed- ing that covered by the former ones. By 35 Geo. III. c. 63, § 13, the stamp laws do not extend " to prohibit the making of any alteration which may lawfully be made in the terms and conditions of any policy of insurance duly stamped, after the same shall have been underwritten, or to require any additional stamp-duty by reason of such alteration, so that such alteration be made before notice of the de- termination of the risk originally insured, and so that the thing insured shall remain the property of the same persons, and so that such alteration shall not prolong the term insured beyond the period allowed by this act, and so that no additional or further sum shall be insured by means of such alteration." This clause is liberally interpreted in the case of correction of mistakes, or improvement of definitions, pro- vided the thing originally intended to be insured be not altered. An extension of the time of sailing, and a waiver of the warranty of sea-worthiness, do not require a new stamp, nor does the alteration of a voyage " from Stockholm to Swine- munde," to one from Stockholm " to Swinemunde, Konigsberg, or Memel ;" nor of a risk " at and from Liverpool to Quebec," to one " from Liverpool to St John's, New Brunswick." But the terms of the original policy cannot be so altered by any memorandum as to bring it into a class requiring a higher duty, without affix- ing the stamp thereby required (Smith's Mercantile L., 302). The regulations for returning spoiled stamps will be found in 54 Geo. III. c. 133. (Park on Insurance. Marshall on Insurance. Smith's Mercantile L., 268-334.) For Insurance against Fire, the policy, after reciting the receipt of the pre- mium, generally bears that the insurers " covenant and agree, from a day named, POM 538 POR and unto and inclusive of another day named, and so long as the insured continues to pay the premium, that the funds of the company shall he liable to make good any such loss as may happen by fire (except it be occasioned by any invasion, foreign enemy, civil commotion, or any military or usurped power)," to the property specified. The terms should express a covenant or agreement, such as may found a clear right of action against the parties, or those they represent, for an order or direction to pay merely founds an equitable claim. It is usual to introduce the scale of premiums applicable to the different risks by indorsement on the policy, referring to them so as to make them part of the contract. The policy must accu- rately describe the premises, and give the name of the insured. There is no such distinction as that of valued and open policies, the loss being in the usual case re- stricted, but not measured. An Average clause, however, is now not of uncommon occurrence., by which, when the property is of greater value than the amount in- sured, the insured recovers, in the case of a partial loss, a sum bearing that propor- tion to the loss, which the sum covered by the insurance bears to the value of the property. Thus, if the property be worth £1000, and the amount insured be £100, if a loss be caused to the extent of the £100, £10 only is recovered. By 9 Geo. IV. c. 13, § 1, where the insurance covers two detached buildings, or goods contained in detached buildings, so separated as to create a plurality of risks, a distinct sum must be insured upon each, with an exception in favour of implements and stock upon one farm. A policy of insurance is assignable at any time before a loss, to any one to whom the interest insured may have passed. The offices generally give notice upon the policy that " it shall be of no force if assigned, unless such assign- ment be allowed by an entry in the books of the office, or indorsed on the policy ;'' and " even without this provision, upon the general principles of law, it is very questionable whether the holder could have any legal demand against the insurers without notice to them " {Ellis, 70). By 55 Geo. III. c. 184, the stamp-duty is Is. for each policy, and 3s. a-year for every £100. Public hospitals, and (by 3 & 4 Wm. IV. c. 23, § 5) agricultural produce, farm-stocking, and implements of hus- bandry, are exempt. (Ellis on Fire and Life Insurance.) [Insurance, Fire.] In Life Insurance, the policy generally bears that a certain sum is payable at a certain time after the death of the person insured, should he die within the year, or within any succeeding year in which he has duly paid the premium ; on the precedent condition that he is at the time of the contract of a certain specified age and habit of body, as contained in a separate declaration by the insured. There are gene- rally certain restrictions on the conduct of the insured. A policy of insurance is assignable ; but in terms of the act 14 Geo. III. c. 48, prohibiting wager insurances, the assignee must have an interest [but see Insurance on Lives]. A policy by a creditor falls if the debt be in any manner paid. An assignment of a policy by the debtor on his own life is a preferable security. " It may be considered as the law," says Mr Ellis, (p. 144), " that the assignment of a policy of insurance upon a life will not take it out of the order and disposition of the assignor, within the meaning of the bankrupt laws (and probably also of an insolvent under the insolvent act), unless notice of the assignment be given to the insurers before the bankruptcy, and that the policy, in defect of notice, will vest in the assignees, notwithstanding the assignment." (Ellis on Fire and Life Insurance. Blayney on Life Assurance.) POMEGRANATES (Fr. Grenades. It. Granati. Por. Romaas. Sp.Granadas) are the produce of a low tree, the Punica granatum, common in the warmer parts of the temperate zone. This fruit when ripe is about the size of an orange, is covered with a hard light brown rind, and contains a reddish, seedy, refreshing pulp. Promegranates are imported into Britain from the W. Indies and S. of Europe. POOD, a Russian weight equal 16^ kilogrammes, or 36 lbs. avoird. nearly. POPLAR, a fast-growing tree (Populus) common in the northern hemisphere, of which there are about 15 species, all delighting in moist situations. The wood of the forest species, chiefly the common gray, abele or white, black, Lombardy, aspen, and Canadian, are used in the manufacture of domestic utensils ; that of the abele, largely cultivated by the Dutch, is also useful for water- works, laths, and packing-cases ; but upon the whole the timber is of little value. PORTS. [United Kingdom of Great Britain and Ireland.] PORTUGAL lies between lat. 37° and 42° N., and long. 6° and 10° W. ; and is bounded N. and E. by Spain, and S. and W. by the Atlantic. Divisions, — Tras- os-Montes, Entre Douro e Minho, Beira, Alentejo, Estremadura, and Algarve. Area, 36,500 so. miles. Population in 1838, 3,550,000. Government, a hereditary monarchy, with two chambers, both elected by the people, s Portugal is not separated by any natural boundaries from Spain, which in general aspect it POR 539 POR resembles: the mountains are chiefly prolongations of the Astorga, Castilian, and Toledo chains, the whole running from N. E. to S. W., but throwing off numerous branches; while again, the principal rivers, — as the Douro and the Tagus, flowing E., and the Guadiana S., — are merely the terminations of Spanish streams- There are only two extensive plains ; one, the plain of Alentejo, S. of the Tagus, the other S. of the Douro ; but there are numerous fertile valleys between the mountains. The climate varies much in different places: on the coast it is very warm, especially 3. of Cape Roca ; and some parts of Alentejo are so arid as to be uninhabitable, from the scarcity and badness of the water ; yet there are abundance of rich tracts in other districts, to the productions of which considerable variety is given by the difference of elevation and of latitude. But the long-continued imbecility of the government, joined to the power as well as profligacy of the nobles and clergy, and the indolence of the people, have sunk the industrial arts in Portugal lower than in almost any other European state. Tne events connected with the late war laid the foundation of a new order of things ; and a constitutional government has been established, by which feudal rights and monastic institutions have been abolished, an equal system of taxation introduced, and the country placed on the road to improvement. Still, this is of too recent accom- plishment to have produced much effect on the wealth and habits of the people; want of capital, sloth, and crime, are yet conspicuous, especially in the central and southern provinces ; and in most departments of industry and knowledge, this kingdom, to use the words of a recent traveller, forms " a tart of disgraceful wonder in the midst of the 19th century." The chief rural productions are — on the high grounds, wheat, oats, barley, flax, and hemp ; in the warmer district-, vines and maize ; and on the low grounds, rice ; while in the sheltered valleys of the S. and central parts, oranges and lemons are produced, and the olive and other fruits are grown in various places. The live-stock are principally goats, hogs, and sheep ; the last mostly in Btira. The chief woods are, in the N. oak, in the central provinces chesnut, and in the & provinces kermes, cork, and pine. Minerals are abundant, but scarcely any mines except those of iron are worked. Salt is largely produced in the bays, especially in the lagoon of St TJbes or Se- tubnl. Manufactures, except perhaps the plate and jewellery of Lisbon, are inconsiderable : coarse woollens and linens are made in various provinces ; silks near Lisbon ; glass at Marinha Grande ; at Alcobacaand Thomar; and paper, earthenware, and other articles, in various places. There is little internal trade, owing to the limited number of carriage-roads, while the rivers are but imperfectly navigable : mules form the chief means of conveyance. Ti.e great staple of the country is wine, particularly the red variety called port, from Oporto, the Elace of -hipment. This wine, produced about 50 miles above that town, on a succession of low .lis uti l>ot(i sides of the Douro, is generally divided into two sorts ; the vinho do rama, an inferior kind for home consumption and distillation into brandy, and the vinho do feitoria, or factory wine, for exportation. In 1756, the government, ostensibly to prevent adulteration, made over this district to the " Oporto Wine Company," who were authorized to class the wines, and fix their maximum price. This company was suppressed as a nuisance by Don Pedro, in 1834, but it was again re-established in 1838, though with less oppressive privileges than at first, for a pe- riod of 20y.ars. The annual average quantity exported in the 3 years ending 1840, was 34,790 pipes : of which, 25,905 were shipped to Britain (equivalent in value to about £800,000), 3962 to Brazil, 25ito to United States, and 2363 to the N. of Europe and the Portuguese colonies. Con- siderable quantities of white wine are besides sent from Portugal, chiefly Lisbon, Bucellas, and Calcavella ; also, though in small quantity, a strong but inferior red wine, from Figueira. [Wine.] The principal commercial relations are with the United Kingdom, with which an intimate con- nexion has been maintained since the beginning of last century. This originated on the side of Britain, partly from jealousy of the pretensions of Louis XIV. to the crown of Spain, and partly from an attachment to Portugal, from her not being a manufacturing country, and likely in the opinion of the calculators of the day to be so much the more advantageous as a customer ; reasons which jointly led, in 17<*3, to the celebrated Methuen treaty, the object of which was to favour the consumption of Portuguese wines in return for a similar preference to our manufactures. The relations then established have undergone several changes ; but the deep-rooted taste for port in Britain has preserved the trade as great as ever. The exports to the United Kingdom, besides wine, annually embrace about 100,000 packages of oranges and lemons, from 50, (KM) to 60,000 cwts. cork-bark ; also olive-oil, sheep's wool, sumach, goat -skins, figs and other fruits, and small quantities of tallow, brandy, and other articles. The declared value of British produce and manufactures annuallv sent to Portugal averaged in the five years ending 1835, £1,127,664, and in the five years ending 1840 £1,115,463, being thus nearly stationary ; about two-thirds consist of cotton goods ; the rest chiefly of woollens, linens, iron and hardware, Irish butter, cheese, coals, machinery, and paints : a considerable portion of the Bri- ti.-h manufactures are afterwards smuggled into Spain. The imports from the United Kingdom likewise include a considerable quantity of tobacco, shellac, indigo, quicksilver, and other foreign articles. From the British N. American colonies, nearly 300,000 quintals of dried cod are an- nually imported, the returns for which are partly made in salt from St Ubes. The other countries with which Portugal chiefly trades are, Brazil, from whence tropical produce is received in exchange for wine, brandy, and other articles ; the several nations in the N. of Europe ; the Portuguese colonies of the Madeiras, Cape de Verde Islands, Angola, and Mozambique in Africa, Goa, and Macao, which, however, are almost all declining places ; and the United States. From the last-mentioned corn used to be regularly imported, but sufficient is now grown for the consumption ; recentlv, indeed, a little has been exported. The total exports from Portugal may be estimated at about £2,000,000 ; and the imports at nearly the same. The foreign trade is mostly in the hands of foreigners, chiefly English, resident in Lisbon and Oporto. Ports. — Lisbon, the capital, lies on the right bank of the Tagus, 10 miles from its mouth, in lat. V, long. 9° 8' W. ; where the river extends into a bay five miles wide, forming one of the finest harbours or roads in the world. The town is, however, known to be the filthiest in Europe, especially the E. quarter. Pop. 260,000. Its trade has greatly diminished since the separation from Brazil ; though it is still the emporium of the S. part of the kingdom. Upwards of 1000 vessels enter annually, of which about one-third are British. Oporto or Porto, the outlet of the N. and most industrious provinces, lies on the declivity of a hill on the N. side of the Douro, 2 miles from its mouth, in lat. 41° 8' N., long. 8° 37' W., 170 miles W. of Lisbon. The river, though difficult of entrance, owing to rocks and quicksands, and rarely POS 540 POS practicable for vessels drawing more than 16 feet, is still well adapted for trade ; in front of the town it is sufficiently deep for pretty large vessels, while brigs and smaller craft can lie close to the quay ; and it is navigable by barges or boats for about 100 miles. Pop. 70,000. On the opposite side of the river, between the suburbs of Villa-nova and Gaya, there are immense vaults or " lodges," where the wine is kept. Port-wine is here the great staple, but the exports of fruit are also considerable. From 80,000 to 90,000 tons of shipping enter annually, of which fully one-fourth are British. Both Lisbon and Oporto have a regular steam communication with England. The other ports are Caminha, Viano, Villa do Conde, Aveira, Figueira, Setubal or St Ubes, on the W. coast, and Faro and Villa Nova de Portimao in Algarve. Measures, Monby, Finances, &c. Measures and Weights. — Thepalmo (craveiro) of 8 inches = 8*62 Imp. inches ; the pe or foot = 1J palmo ; the vara = 5 palmos = 43*11 Imp. inches ; the covado, nominally equal 3 palmos, is commonly 243 Portuguese inches, or 26*67 Imp. inches ; the braca is 10 palmos. The Portuguese league (18 to the degree) of 3 miles b= 6759 Imp. yards, or 3 Imp. miles 63 furlongs. The geira, land measure, = 4840 square varas ; 7 geiras = 10 Imp. acres nearly. The Lisbon almude, liquid measure, of 2 pots, 12 canadas, or 48 quartilhos, = 3*64 Imp. galls. ; the baril is 18, the pipe 26, and the tonelada 52 almudes. The Oporto almude = 5*61 Imp. gall The moyo, dry measure, of 15 fanegas, 60 Lisbon alquieres, or 240 quartos = 22*39 Imp. bushels ; and 100 Lisbon alquieres = 37*32 Imp. bushels. At Oporto, however, the alquiere = 0*465 Imp. bushel, or 100 Oporto alquieres = 46*50 Imp. bushels. The arroba of 32 arratels or pounds (each of 2 marks, or 16 ounces) = 32*38 lbs. avoirdupois ; and 100 Portuguese lbs. = 101*18 lbs. avoirdu- pois ; the quintal is 4 arrobas ; the tonelada 54 arrobas. The apothecaries' pound is 1 1 mark. Gold and silver are weighed by the mark of 8 ounces or 4608 grains = 3541J troy grains. The fineness of gold is expressed by dividing the mark fine or other weight into 24 quilates or carats, each of 4 grains ; and the fineness of silver, by dividing the mark fine into 12 dinheiros, each of 24 grains. Gold, 22 carats fine, is sold at the fixed rate of 96 milreas per mark ; and silver, 11 dinheiros fine, at the fixed rate of 6 milreas per mark ; the variations of price upon each being made by a premium per cent. Money. — Accounts are stated in reis or reas ; and 1000 reas are termed a milrea, which in ac- counts is denoted thus, 1$000. The milrea, valued in silver from the crusado novo, is worth 56d. sterling. 400 reas = 1 crusado of exchange ; a million of reas (1000$000), are termed a conto. The modern coins are : — In gold, the dobraon or ounce of 12800 reas; the half-dobraon, or johanese of 6400 reas ; the half-johanese of 3200 reas ; the escudo of 1600 reas ; the half-escudo of 800 reas ; and the crusado velho of 400 reas ; which are all minted at the rate of 8 dobraons to the Portuguese mark, nominally 22 carats fine, but seldom above 21J carats: — In silver, the crusado novo of 480 reas, and J, J, and j crusadoes ; the piece of 6 vintems, or 120 reas ; the testoon of 5 vintems, or 100 reas ; and pieces of 3 and 21 vintems : — In copper, pieces of 40, 10, 5, 3, and 1J reas. In 1835, a new coinage was ordered, making a gold crown of 5000 reas worth £1, 3s. Hid. ster- ling, and a silver crown or milrea, 56gd. sterling. Usance of bills, from London, 30 days' sight ; from Spain , 15 days' sight ; from France, 60 days' date ; and from Italy, 3 months' date. Days of grace, on inland bills, 15 ; on foreign bills, | POSTING, or travelling by means of hired horses, is a government monopoly in almost all European countries, except Britain, where it is conducted in a much superior manner, through the competition of private parties ; though, owing to taxation, at greater expense. Posting is now, however, less common in this coun- try than formerly, owing to the extension of other means of travelling. S when accepted, 6, but when not accepted, they must be either paid or protested when due. A National Bank, established 1822, with a ca- pital of £700,000, issues notes, payable in specie. The Finances are in great disorder. In 1838, the revenue amounted to £2,091,000, and the expenditure to £2,524,000; leaving a deficit of £433,000. The foreign debt in the same year amounted to £11,375,300 ; and the internal debt to £4,087,039; total, £15,462,339 ; the interest on which amounted to £621 ,44a The foreign debt consists of various loans raised in England between 1831 and 1837, the dividends on which have been rarely paid. The " old Portuguese 5 per cents of' 1823" (not included in those above mentioned) were assigned in 1825 to Brazil, by whom the interest and sink- ing-fund has been since regularly provided. A Treaty with Britain, July 3, 1842, provides that the subjects of each of the two powers shall, in the dominions of the other, enjoy the privi- leges of "'subjects of the most favoured nation ;" and that there shall be reciprocal liberty of com- merce and navigation ; but without prejudice to the existing regulations respecting the Douro wine-trade, the exportation of salt from St Ubes, and the exclusive right of the crown of Portugal to farm the sale of ivory, orchil, gold dust, soap, gunpowder, and tobacco, for consumption in that kingdom. All merchandise, which can be legally imported into either country from the other, in ships of that other country, shall pay no higher dues than if the shipments were effected in national vessels ; and exports shall be regulated on the same prin- ciple. Farther, British ships are allowed to proceed direct from any port in the British dom- inions to any Portuguese colony, with the pro- duce or manufactures of the United Kingdom or its colonies, except such goods as are prohibited or admitted only from Portuguese possessions ; and such British ships and goods shall pay no higher dues than are exigible on such goods brought in Portuguese ships, or on the like goods brought from other countries in Portuguese ships. The same rights are conceded by Britain to Por- tugal ; and similar privileges are also mutually granted by the two powers to each other in re- gard to exports from their colonies. The vessels of the two countries respectively shall also be per- mitted to discharge and lade at different ports in the other, in the same voyage inwards or out- wards, as national vessels. The treaty comprehends various other stipu- lations, including an agreement to take into consideration the duties now levied upon the productions of either country, with a view to their reduction; which "matter shall without delay be made the subject of a special negotia- tion between the two governments." It is to endure for 10 years, and further, until the end of 12 months after notice. ros S4\ pos DuI'h's in BriUiin. — Besides the carriage duty [Coach], even.' postmaster is required, by the net 2 Ac 3 Wm. IV. c. 120, to take out yearly a license costing 7s. 6d., and which expires 31st January. He must also pay ljd. per mile for each horse let for hire ; but where the distance is not greater than 8 miles, then l-5th of the charge for hire, or ls-9d.. at his option ; and in the case of the horse not bringing back any person, and not deviating from the usual road, Is. In respect of every horse let or used for any time less than 28 days, l-5th of the charge for hire ; or in lieu thereof, for every day not exceeding 3 days, 2s. 6d. ; from 3 to 13 days, Is. 9d. ; above 13 and less than 28 days, Is. 3d. Posting carriages mustbe numbered, and bear the owner's name and residence. The d'uties are checked by means of tickets left by the hirer or postilion with the turnpike keepers, — an account of which is taken periodically by the excise. The regulations are enforced under penalties. In 1841, the produce of the post horse duties was £196,134, and of the licenses, £3729. POST-OFFICE. The origin of this institution may be traced to the special messengers or " nuneii," who, in ancient times and in the middle ages, were em- ployed to convey the public despatches and edicts. At a later period regular cou- riers were employed, and stations or posts assigned, between which each should pass, handing the papers from the one to the other. In the fifteenth century, re- gular posts were established in different parts of Europe, the benefit of which was gradually extended to private parties ; and public letter offices were opened in France in 1619, and in Britain in 1635. The latter, called a " merchant post," did not prosper ; but, in 1649, it was placed on a better footing by the Commonwealth ; and, in 1656, further improved by Cromwell. In 1710, a general post-office was established by the act 9 Anne, c. 11, for the United Kingdom and the colonies. The post-office, however, continued long afterwards a very imperfect institution ; the mails were sent by boys on horseback, — a mode attended with delay, danger, and uncertainty; and local and cross-road posts were either still more defective, or altogether wanting. At length, the post having been outstripped, in point of despatch and safety, by the ordinary stage-coaches, it occurred to John Palmer, manager of the Bath theatre, that a great improvement might be made by con- tracting with the proprietors of coaches for the carriage of the mail, and binding them to perform the journey in a specified time, and take a guard for protec- tion. His mail-coach plan was submitted, in 1782, to Mr Pitt, by whom it was zealously supported. In 1784, notwithstanding much opposition, it was carried into operation on the principal roads, Mr Palmer being, at same time, appointed comptroller-general of the post-office ; and the system was thereafter gradually extended, with other improvements in regard to frequent transmission, punctuality, and speed, to almost all parts of the kingdom. The safe and speedy conveyance of letters for the benefit of trade, was the pri- mary consideration with the British government on the first establishment of a post- office ; the revenue was held to be of minor importance : this principle is recog- nised in the preamble of the different postage acts which were passed from the time of the Commonwealth down to the 9th of Queen Anne. In 1710, when Id. was added to several of the previous rates, only 4d. was charged in Britain for distances above 80 miles, and 3d. for shorter distances ; and, in 1765, the rates for distances not exceeding 30 miles, were reduced to Id. and 2d. But, in 1784, on the introduction of Mr Palmer's plan, one object of which was an augmentation of revenue, the whole were graduated between 2d. and 6d., — rates which, owing to the exigencies of the war, were successively increased in 1797, 1801, 1805, and 1812. I n the year last mentioned, the charges ongeneral post letters in Britain were, — for distances not above 15 miles, 4d.; from 15 to 20 miles, 5d.; from 20 to 30, 6d.; 30 to 50, 7d. ; 50 to 80, 8d. ; 80 to 120, 9d.; 120 to 170, 10d.; 170 to 230, lid. ; 230 to 300, 12d. ; and an additional Id. for each additional 100 miles. These rates were continued until 1839. A single letter was understood to contain a single piece of paper, not exceeding 1 oz. in weight ; a second piece, or enclosure, constituted a double letter ; beyond, fourfold, — the postages advanced by weight. In Scotland, an additional §d. was charged for tolls. In Ireland, the rates were mostly lower. Between Britain and Ireland, packet rates were charged in addition to their re- spective inland rates. The post rate in towns was Id., except in the London district, where it was 2d. and 3d., according to distance. The exemptions from postage were, letters " franked" by members of parliament and certain official persons, a privilege coeval with the institution of the post-office ; parliamentary papers ; and stamped newspapers : the letters of soldiers and sailors, countersigned by their officer, were charged, after 1795, at a uniform rate of Id. In 1709, the gross receipt of the post-office was £111,461, and the net revenue, £56,664. In 1779, the net revenue was only about £140,000. But after 1784, Mr Palmer's improvements, and the advance of the countrv, led to a rapid increase ; and, in 1803, the gross receipt was £1,372,979, and net revenue, £956,212. In 1815, the gross receipt was £2,323,835 ; the charges, £704,639, or about 29 per cent, on POS 542 POS £l,fil9,196, the net revenue. After 1815, the excessive rates of postage, combined with the greater facilities for evading them afforded through improved means of communication, prevented any further augmentation of the revenue, notwithstand- ing the subsequent increase of the country in wealth and population. The following tables, abridged from the Parliamentary Report on Post-office Reform, exhibit an estimate of the documents which passed through the office in 1837, the average postage thereon, and the revenue : also an analysis of the cost of management, as prepared for the said Report in 1838 : — Description of Letters. Generalpost,inland, above 4d Do. not above 4d. . . London local post . . Provincial do Packet and ship... . Parliamenty. franks Official franks Statutes Newspapers Unappropriated... . No. of Letters. 46,378,800 5,153,200 11,837,852 8,030,412 71,400,264 3,523,572 23| 4,813,448 2,109,010 77,542 44,500,000 126,423,836 Gross Revenue. £ ,782,191 75,151 114,7*3 33,483 ,005,578 369,340 4,641 2,379,559 1. Cost of transit in U. Kingdom : — Mail-coach expenses Riding work, &c. Packet service Other payments 2. Cost of P. O. establishments in U. K. 3. Foreign and colonial packets, £'31,509; other foreign and colo- nial charges, superannuation al- lowances, &c. £91,738 Total charges. Net revenue , 140,985 107,818 30,998 7,506 287,307 288,078 123,247 In computing the average rates of postage now stated, multiple letters are included and counted as single ; excluding multiple letters, the average postage of inland letters, instead of 6fd. was 6£d. We have furnished these details from their bearing upon the plan of post-office reform brought forward in 1837 by Rowland Hill, a gentleman unconnected with the department. He proposed, 1st, a low and uniform rate, instead of the then existing high and variable rates ; 2d, increased speed in delivery ; and, 3d, more frequent despatch. He also recommended that the postage should be charged by weight, and prepaid, at the rate of Id. for each letter not above § oz.; and he after- wards proposed that the prepayment should be by means of stamps, an expedient which he says was suggested to him by Mr Charles Knight. Mr Hill's plan em- braced all inland letters, to the exclusion even of parliamentary and official franks, but it did not include foreign and colonial letters. The principle of a uniform postage is founded on the facts that the cost of dis- tributing letters in the United Kingdom consists chiefly in the expenses incurred with reference to their receipt at and delivery from the office ; and that the cost of transit along the mail roads is comparatively unimportant, and determined rather by the number of letters carried than the distance. " It is not matter of inference," says Mr Hill, "but matter of fact, that the expense of the post-office is practically the same, whether a letter is going from London to Barnet (11 miles), or from London to Edinburgh (397 miles) ; the difference is not expressible in the smallest coin we have." The cost of transit from London to Edinburgh, he explained to be only l-36th of a penny. The fixing of a low rate flowed almost necessarily from the adoption of a uniform rate ; it was besides essential to a stoppage of the private conveyance of letters. The post-office was thus to be restored to its ancient footing of an institution whose primary object was public accommodation, not revenue ; though the loss of income from the change would, it was thought, be gradually diminished, and perhaps made up, by the increase of correspondence, commercial, literary, and domestic, arising from the reduced postage. A general feeling having been aroused in favour of Mr Hill's plan, it was remit- ted by the House of Commons to a committee for investigation, in December 1837. And in 1838, the committee reported, " that the evidence taken before them abun- dantly proves the present high rates of postage are extremely injurious to all classes ; restricting commerce, art, and science, and the progress of education ; circumscribing the operations of institutions for the promotion of religion, morality, and charity; interfering with domestic comfort ; suppressing almost entirely the correspondence of the poor ; and impairing habitual respect to the law by en- couraging evasions of the post-office statutes. The committee, therefore, recom- mended increased facilities for correspondence. " Upon the important novelty of POS 543 POS a uniform rale, the committee are of opinion, that that part of the inland postage on letters which consists of tax ought to be the same on all : that as the cost of conveyance per letter depends more on the number of letters carried than on the distance which they are conveyed, the cost being frequently greater for dis- tances of a few miles than for distances of hundreds of miles, the charge, if varied in proportion to the cost, ought to increase in the inverse ratio of the number of letters conveyed ; but as it would be difficult, if not impossible, to carry such a regulation into practice, and as the actual cost of conveyance (assuming the charged letters to bear the whole expense of the franked letters and of the newspapers) forms less than the half of the whole charge, exclusive of tax, the remaining portion consisting chiefly in the charges attendant on their receipt at, and delivery from the post-office, the committee are of opinion that the nearest practicable approach to a fair system would be to charge a uniform rate of postage between one post- town and "another, whatever may be their distance ; and the committee are further of opinion, that such an arrangement is highly desirable, not only on account of its abstract fairness, but because it would tend in a great degree to simplify and economize the business of the post-office." Lastly, the committee reported in favour of the other parts of Mr Hill's plan, confirming by official data the whole of his conclusions. In 1839, the uniform penny -post age was adopted by parliament. A preparatory fourpenny rate for general post letters was introduced, December 5, 1839, and at same time the London district rates were reduced to Id.; the uniform penny rate came into operation on 10th January, and stamps on the 6th May 1840. Besides these changes, considerable improvements have of late been effected in the frequency, despatch, and speed of the mails, — the last being chiefly accomplished by the transmission of letters in all the chief routes in Britain by means of railways. The principal inland mails are sent from London (except on Sunday) twice a-day, morning and evening, instead of only once, in the evening, as formerly; and Edin- burgh and Glasgow are reached in 29 hours. A considerable addition has also been made to the number of post-offices in the United Kingdom, which at present exceed 3000. So that letters are now carried, at an expense convenient to the poorest, quickly and punctually into every part of the British islands. The following table shows the financial movement of the post-office in the four years ended January 5, 1842 : — Year to Jan. 5. Gross Revenue. Cost of Manage- ment. Net Revenue. Postage charged ontheGovernment Departments. Net Pioduce, ex- clusive of Charges ontheGovernment Departments. 1839 1840 1841 1842 £ s. d. 2,346,278 9J 2,390,763 10 li 1,342,6(14 5 2 1,495,540 9 03 £ s. d. 686,768 3 63 756,999 7 4 85»,677 5i 938,168 19 7i £ s. d. 1,659,509 17 23 l,6a3,764 2 9i 483,927 4 83 557.371 9 5k £ s. d. 45,156 11 44,277 13 4 90,761 3 2 113,255 15 10 £ s. d. 1,614,353 16 33 1,589,486 9 5J 393,166 1 63 444,115 13 7i The net revenue is less than was anticipated by many, chiefly from the increase in the charges of management, a rise partly due to the additional expenses attendant on the conveyance of the mails since the extension of the railway system. Still, the results of the last year show the rate of the letter tax to be 59h per cent, (the ratio of £557,371, the net revenue, to £938,168,* the cost of management), or 47 £ per cent., if estimated by the net produce, exclusive of postage paid Dy government ; and these rates are yearly increasing. The utility of the post-oflice, however, even as a source of revenue, is not to be appreciated solely by the amount which it yields directly to the state ; it must also be viewed as auxiliary to other branches of the public income ; and few can doubt the beneficial influence of Mr Hill's system upon all departments of industry, and almost every object of national policy. The number of letters posted in the first four months of 1842 averaged about 3,130,000 a-week in England, 440,000 in Scotland, and 430,000 in Ireland ; total, 4,000,000 weekly, or about 208,000,000 a-year ; being 2| fold or 160 per cent, more than the number in 1838 (taken at 80,000,000), notwithstanding the great depression of trade in the interval. Mr Hill estimated the probable augmentation at 5^ fold, * This does not include the charges of certain packets controlled by the Admiralty, to whose superintendence they were removed in 1837, and the expense of which is included in the Navy estimates, where they are not distinguished. On the other hand, were a strict accounting to be gone into, the post-office would fall to receive credit for the value of the stamps of newspapers dis- tributed by it, which, taking their number at 44,500,000, as in 1837, would amount to £185,416. POT 544 POT or 420,000,000 letters a-year, but he did not specify the time ; and some of the facilities recommended by him have not yet been carried into operation. A striking circumstance, illustrative of the nature and progress of the measure, noticed in a parliamentary return, is, that the gross revenue in England under the penny rate, in the month ending January 5, 1842, was £100,383 ; and in the same month in 1840, under the fourpenny rate, not more than £103,623,— an excess of only 3£ per cent., notwithstanding the great difference in the rates. In many foreign countries the postage is fixed rather with a view to public ac- commodation than revenue. This is the case in France, where the charge is by weight ; a quarter of an ounce, however, being only allowed for each single rate. In the United States, the post-office income was not until lately equal to the ex- penses. But the principle of a uniform rate can be applied with success only in a country such as Britain, where, besides high civilisation, there is great density of population, extraordinary facilities for internal communication, and immense as well as widely diffused commerce. The communication with countries beyond sea has been greatly altered of late years by the general employment of steam mail-packets with all but very distant places. There is daily intercourse with France, and at frequent intervals with other parts of the Continent. In 1837, steamers were established between Bom- bay and Suez, and letters now reach London from India, by way of Egypt, in 35 days, and sometimes sooner. In 1839, mail steamers were also established be- tween Liverpool and N. America, which accomplish the voyage to Halifax in 10 days, and Boston in 12 days ; and in 1842 another line of steam-packets opened a more rapid communication between England and the W. Indies and S. America. Statutes and Regulations. conveyed by private ships to parts beyond sea, uniformly pay 8d. These rates apply in what- ever part of the kingdom the letters are posted. Newspapers, published in the United King- dom, pass free from one post-town to another. British and colonial newspapers also pass free to and from the colonies in the post-office packets. Foreign newspapers received in Britain, and British newspapers sent to foreign countries, are charged 2d., unless there be a convention with the foreign post-office. All newspapers must be without covers, or in covers open at the sides, and must have no other writing or mark but the address, and no enclosure. Those sent out of the kingdom must be posted within 7 days after publication. Money Orders, for sums not exceeding £5, are granted by every post-town upon every other post-town in the United Kingdom, on applica- tion. For any sum, not exceeding £2, a com- mission of 3d. is charged ; and those from £2 to £5 the charge is 6d. Prior to November 20, 1840, when these com- missions were fixed, the charges were much higher. This reduction, joined to the facilities of the penny-postage system, has led to a great increase in the money-order department. In England, in the quarter ended January 5, 1840, the amount issued was only £67,411 ; whereas, in the quarter ended January 5, 1842, it was £820,576 : the number of orders issued in the latter period was 390,290 ; showing the average amount of each to have been £2, 2s. OJd. S The Post-office Acts, passed between 1710 and . 837, were about 1 50 in number ; but the greater part were repealed in the latter year, when the following statutes were passed for regulating the whole department, namely, the 1 Vict. c. 33, for the management of the post-office ; c. 34, for the regulation of the duties ; c 35, as to frank- ing ; and c. 36, consolidating the laws relative to offences. These, again, have been to a great extent abrogated by the acts 2 & 3 Vict. c. 52, and 3 & 4 Vict. c. 96, relating to the uniform penny postage. The Charge for inland letters, not exceeding J oz. in weight, is 1 postage ; from J oz. to 1 oz. 2 postages ; from 1 oz. to 2 oz. 4 postages ; and so on, adding 2 postages for every oz. up to 16 oz., beyond which no packet subject to postage is received ; parliamentary papers and petitions are an exception. The price of a postage is Id. which must be prepaid either by money or the use of a stamp, or it will be charged double j and if the weight of the letter should exceed the value of the stamps attached, the excess will be charged double. Stamped envelopes are sold at the rate of Is. ljd. per dozen of penny, and 2s. 2d. per dozen of twopenny kinds. Letters can be registered on payment of a fee of Is. Colonial, India, and United States letters, when not exceeding J oz., are charged Is. when sent by packet, an intercolonial rate of 2d. being besides charged on those for British N. America. Various rates are charged for other foreign letters according to the route and distance. Letters POTASH (Fr. Potasse. Ger. Pottasche), a term commonly applied to an im- pure carbonate of potash, obtained by the incineration of wood, lixiviating the ashes in barrels, first with cold and then with hot water, filtering the ley, and evaporating it to dryness in an iron pot. In this state, which is that of the potash of commerce, it still contains some vegetable matter not perfectly incinerated, to destroy which it is put into a crucible, and liquefied to an intense heat. The melted matter is then poured out on iron plates, where it hardens, and in this purer state it is called pearl ash. Potashes occur in hard irregular masses or fragments, of a light blueish gray colour, somewhat caustic alkaline taste, inodorous, and very deliquescent. Pearl ashes are of a whitish colour and pearly lustre, and of considerably purer and finer texture and appearance than the other. These commodities are valued according to their purity, estimated generally by their easy solubility in water, two parts of POT 545 POU which, according to Mr Brande, should entirely and easily dissolve one part of pearl-ash without the aid of heat : the residue, if any, consists of impurities. Ashes are used in the soap and glass manufactures, bleaching and scouring of linens and woollen cloths, and dyeing ; also, when refined, in medicine, surgery, and other arts. But of late years their consumption has been checked by the substitution of soda and the chlorides of lime and soda for many purposes ; and the importations into Britain, formerly upwards of 200,000 cwts., do not now ex- ceed 120,000 cwts., which, excepting a small quantity from Russia, are wholly brought from N. America, chiefly Montreal. [Canada.] POTATO (Fr. Patate. Ger. Kartoffel. Por. Batata. Sp. Patata), " the most pre- cious gift of the New World to the Old," appears to have reached the Continent from Spanish America ; though it is said to have been first brought to Britain from Vir- ginia by Raleigh in 1586. It is, however, only within the last 100 years that its cultivation has become general. The plant (Solanum tuberosum), valued solely for its esculent tuberose roots, has a very wide range of soils and temperature ; but dry, light ground is that best adapted for it. The varieties are usually distinguished into the early and the late ; the former, except in the vicinity of large towns, raised chiefly in the garden, the latter in the fields : there are, however, intermediate kinds. All are commonly propagated from the tubers ; those reared from seed taking several years before their roots obtain the full size. The sets are usually planted in spring ; from 8 to 10 cwts. are required to the acre ; and the crop varies from about 5 to 10 tons, according to soil and culture. The roots are taken up in dry weather, when they are either stored or preserved in heaps or pits covered with earth, as a defence against frost, and to prevent putrefaction. Besides its ordinary use as human food, the potato is employed in rearing live-stock, and in dis- tillation. Its fecula, wanting gluten, does not undergo the panary fermentation, but it maybe so mixed with wheat-flour as to produce good bread, and it is appli- cable to other purposes of domestic economy, while the use of its starch is extend- ing in various forms. It grows exempt from most of the hazards as to weather to which other crops are subject ; and it is liable to few diseases : the most dreaded are the curl, an imperfect formation of the tubers, indicated by the curling of the leaf; and the dry-rot, or decay of the set ; both unexplained. It can be cultivated on a small as well as a large scale ; is under every system of agriculture a beneficial object ; and produces more nutriment upon the same extent of ground than any other plant cultivated in the temperate regions. It may thus be regarded as the banana of the temperate zone. It now forms a great part of the food of the inhab- itants of Europe ; and its introduction as a supplementary crop has greatly lessened the hazards of famine. Mr Cobbett and others have asserted that its use in Ire- land, where it forms the principal article of food, has been attended with pauper- izing effects ; but the same remark may be made upon the dependence of the Hin- doos upon rice. The entire reliance of the peasantry of Ireland and India upon the cheapest species of food is merely one of many indications that these fertile countries are in an unhealthy state of indigence. S The import duty on potatoes, formerly 2s. per cwt., has been reduced (1842) to the nominal rates of 2d. per cwt. from foreign countries, and Id. from the colonies. This change may perhaps lead to shipments to London from the adjoining parts of the Continent ; but it is impossible that a cheap bulky article, raised every where with fa- cility from the poorest soils, can become an important object of external commerce. POULTRY. The rearing of domestic fowls forms an important branch of rural economy among small farmers and cottagers, especially in the vicinity of large towns. In Surrey, Sussex, Essex, Cambridge, Norfolk, Suffolk, and Berkshire, however, the rearing and fattening of poultry for the London market is thought worthy of attention by considerable farmers. At Wokingham, in Berkshire, the metro- politan dealers sometimes pay £150 to the feeders in that neighbourhood in a single market-day. Reigate and Dorking are also large poultry markets. The present Earl Spencer, some years ago, instituted a poultry show at Chapel Brampton, in Northamptonshire. As it is always desirable to have a standard in view, raised as high as the most approved system will carry it, we give the weight of the fowls which gained the prizes awarded in 1829 : — The best turkey weighed 20 lbs. 4 oz. ; capon, 7 lbs. Uh oz. ; pullet, 6 lbs. 3h oz. ; goose, 18 lbs. 2h oz. ; couple of ducks, 15 lbs. 10 oz. The production of animal food by domestic fowls is much greater than is commonly imagined. Mr Lawrence, in his treatise on poultry, states, that from five Poland hens he obtained, in 11 months, 503 eggs, weigh- ing, at the average of 1 oz. 5 drams each, 50£ lbs. The feathers of domestic fowls form an object of considerable trade, especially between Ireland and England. S POU 546 PRE POUNCE. [Cuttle-Fish. Sandarach.] POUND, the integer of weight in most European countries, seems originally to have been derived from the Roman pondus, or libra of 12 uncise, though the latter was less than most of the pounds now in use, being, according to Paucton, only 5174 troy grains. In the middle ages, the weights were rude and variable. It was one of the concessions by King John in the Magna Charta, that there should be uniformity in this respect ; and not long afterwards a statute, 51 Henry III., ordained that an English penny, called the sterling, should weigh 32 dry wheat grains, that 20 pence should make an ounce, and 12 ounces a pound. At a later period, the number of grains in the penny was reduced to 24, making 5760 grains in the standard pound ; which, under the name of Troy weight, was first used at the Mint in 1526, instead of the ancient Moneyer's or Tower pound of 5400 grains. The Troy pound has ever since been the English standard, though its use has been confined to the precious metals ; the avoirdupois pound of 7000 troy grains having been for several centuries that generally used in commerce. [Coin. Measures.] POUND (Lat. & Sp. Libra. It. Lira. Fr. Livre), the ancient money integer in most parts of Europe, was at first a pound weight of silver, from which 20 shillings were coined, or 240 pence. This mode of reckoning, supposed to be of Roman origin, was introduced into modern Europe by Charlemagne, who divided the livre into 20 sous, and each sou into 12 deniers. It was established by William the Conqueror in England, where it has been continued down to the present time, though in almost every other part of Europe it is now superseded by the decimal system. [Coin. Money.] PREMIUM (Lat. Prcemium, reward), is justly defined by Dr Johnson to be f something given to invite a loan or a bargain." In commerce, however, the term is not used very consistently. Thus, while the premium on the share of a joint- stock company is understood to be the sum given for it above its original value or par, the premium of an insurance is the whole consideration granted by the party protected under the contract. PRESCRIPTION, in Scotland, is employed in the sense in which limitation is used in England, viz. to express that operation of the lapse of time by which obligations are extinguished or titles protected. There are various kinds of pre- scription. The long prescription, as it is termed, viz. the lapse of 40 years, sweeps away all unimplemented obligations. (Act 1617, c. 12.) The vicennial or twenty years' prescription protects parties from action on obligations holograph, or in the handwriting of the granter, unattested, and on books of accounts. But the verity of the document may be referred to the writer's oath. (Act 1669, c. 9.) The septennial prescription, relieves cautioners after the lapse of seven years from the date of their undertaking. If the cautioner appear on the bond as a principal, he has the benefit of the act only if there be a clause of relief in the bond, or a bond of relief intimated to the creditor. (Act 1695, c. 5.) The sexennial prescription protects parties from action on bills of exchange and promissory notes, after the lapse of six years from the day of payment. Bank- notes and post-bills are excepted. Though the document is thus rendered unavailing, the original debt may still be proved by the writ or oath of the debtor. (12 Geo. III. c. 72, § 38-41; 23 Geo. III. c. 18, § 55.) The quinquennial or Jive years' prescription precludes action on bargains as to sale, letting, and hiring, and such like contracts as to moveables not constituted by writing. (Act 1669, c. 9.) The triennial or three years' prescription applies to tradesmen's accounts and servants' and artificers' wages, and has been stretched to include professional remuneration and the salaries of persons acting as mandatories or agents. In the case of salary or wages the amount due at each term runs a separate prescrip- tion. In the case of accounts, the prescription runs from the last article of the account. The presumption on which it proceeds is, that the debt has been paid within the three years ; but the creditor retains his right, if he prove by the oath of the debtor, or by a document under his hand, that the debt is unpaid. (Act 1579, c. 83.) PRESENTMENT, in the Law of Bills of Exchange. It is incumbent on the holder of a bill to present it in certain cases for acceptance alone, and in all cases for payment, or for acceptance and payment together. It is necessary that bills pay- able a certain periodafter sight be presented for acceptance, that the point from which TRI 547 PRI the time runs may be fixed. In other cases it is not necessary to present for ac- ceptance until the final presentment for payment ; but it is in all cases prudent, as, on acceptance, the paper acquires superior negotiability, and, on dishonour, the drawer and indorser become immediately liable. The only rule as to the time of presenting bills, payable at a certain time after sight, is, that it must be " within a reasonable time." Of this " reasonable time " no better account can be given than that the law sanctions what is established by the usage of trade in each class of cases. Presentment for acceptance should be made at the place of abode of the drawee, or, if he be a man of business, at his place of business. It is the duty of the holder to use every reasonable means to discover the drawee, if he has left his prior residence or is otherwise difficult of access. The bankruptcy of the drawee is not notice of dishonour, and cannot excuse want of presentment. If a bill haa been presented for acceptance, and dishonoured, and the dishonour notified, the holder is not required to present again for payment to preserve his recourse. If an acceptance is qualified, as by naming a place of payment, the qualification must be attended to in the presentment for payment. By 1 & 2 Geo. IV. c. 78, if we accept a bill " payable at the house of a Danker or other place, without further expression in his acceptance, such acceptance shall be deemed and taken to be, to all intents and purposes, a general acceptance of such bill ; but if the acceptor shall, in his acceptance, express that he accepts the bill, payable at a banker's house or other place only, and not otherwise or elsewhere, such acceptance shall be deemed and taken to be, to all intents and purposes, a qualified acceptance of such bill, and the acceptor shall not be liable to pay the said bill, except in default of payment, when such payment shall have been first duly demanded at such banker's house or other place." It is to be observed that this statute refers merely to the responsibility of the acceptor; with regard to that of the drawer and indorser, it has been decided, after much discussion, that a bill must be presented wherever it is accepted payable, to secure recourse (Gibb v. Mather, 1832 ; 2 Crom. & Jerv. 2.54). Where a place of payment is inserted in the body of the bill, it must be there presented, to preserve recourse. The bill must be presented at proper busi- ness hours, and on this point the usage of the place and profession must be kept in view ; but it will effectually meet any objection on the ground of untimely hours, to show that there was an authorized person on the spot, who, when the bill was presented, refused to honour it. Drawers and indorsers are discharged from liability, unless a bill be presented for payment on the proper day. (Bayley on Bills, 216-252. Chitty on Bills, 272-280, 353-391.) PRICE, the exchangeable value of any article estimated in money. The price of any commodity is, in the general case, permanently regulated by the quantity of labour and capital expended in obtaining it at the original storehouse of nature ; in other words, by the cost of production, including, of course, the ordinary or average rate of profit. This is called by Adam Smith the natural price of a com- modity. The actual or market price, at any particular time, is influenced by the existing proportion between supply and demand ; and is subject, as this proportion varies, to perpetual fluctuations ; but the cost of production constitutes, as it were, a centre, to which it has a constant tendency to approach. Whenever it sinks below this point, production, having its expenses no longer repaid, is discontinued, and the supply of commodities diminished, until their value become again sufficient to pay the labour and capital necessary to bring them to market. On the other hand, if the market price should at any time be elevated above the cost of produc- tion, labour and capital will, according to the invariable laws of competition, be drawn to the production of the articles which had acquired this extraordinary value, and the supply will be increased until their market price fall back to its natural level. The cost of production, however, though in ordinary circumstances, and for any moderate period, nearly stationary, is yet by no means fixed. The invention of new processes, improvements in skill and machinery, discovery of readier sources of supply, and diminution of expense of transportation, all operate by insensible degrees in lowering the cost of many articles ; while an opposite effect will be pro- duced by all those circumstances which cause an increase in the labour of procuring them. In general, it has been observed that there is a natural tendency in objects of manufacture to diminution of cost : the rudest machinery is of course first employed ; by progressive improvements, to which no limit can be assigned, it is rendered more and more capable of yielding a greater quantity with the same expense ; and the competition of capitalists invariably reduces the price of every commodity to the sum which the least expensive method necessarily requires for PRI 54fl PRI its production. But in agriculture, on the contrary, the natural tendency is to increased cost ; there the finest machinery, that is the best soils, are first used ; and recourse is afterwards had to inferior soils, requiring greater labour to produce the same supplies. Improvements in cultivation are only a temporary cneck to this progression ; for the stimulus which they at the same time communicate to population, and the natural tendency of mankind to increase beyond the means of subsistence, is ultimately certain, by forcing recourse to poorer lands, to raise prices. These principles are generally applicable to all commodities which can be ob- tained in indefinite quantities ; a class forming the great bulk of those which are objects of commerce. But sometimes particular accidents, sometimes natural causes, and sometimes legislative regulations, keep the market price of many com- modities a good deal above the real cost. Thus, choice wines produced only in limited quantities by certain vineyards, curiosities, antiques, and some minerals, possess from their rarity a value altogether independent of the cost of production. Again, the possessors of " secrets in manufactures," of patents for inventions, or of trading monopolies, may, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their respective commodities much above the natural price, and raise their emoluments, whether they consist of wages or profit, greatly beyond the natural rate. And the exclusive privileges of cor- porations, statutes of apprenticeship, and all those laws which restrain in particular employments the competition to a smaller number than might otherwise go into them, have the same tendency, though in a less degree. " The price of monopoly," Adam Smith remarks, " is upon every occasion the highest that can be got. The natural price, or the price of free competition, on the contrary, is the lowest which can he taken, not upon every occasion indeed, but for any considerable time together " ( Wealth of Nations, b. i. c. 7). But neither the difference between the two, nor the fluctuations in price of freely produced articles, occasioned by derangements in the balance of supply and demand, are uniform in degree with the quantities brought to or withheld from market. Thus, if double the usual quantity of goods is brought to market, it does not necessarily follow that the price will fall one-half, or that if only one-half the usual quantity is supplied, the price will be raised twofold. The proportional differences of price will in some commodities be less, in others greater ; depending chiefly upon whether the article is a luxury or a necessary, of a durable or perishable nature, portable or bulky, of partial or general use, readily or not readily supplied by others ; and according to the degree in which these and other qualities are com- bined. An excess in the importation of ripe oranges, for example, will occasion a much greater competition among sellers, and consequently a greater fall of price, than the same excess in the importation of timber ; while, again, the fall of price on the latter will be greater than in the case of an equal excess in the supply of cochineal, silver, gold, or any other portable commodity in universal demand, which can be easily re-exported. But there is no commodity upon which the effect of quantity on price is so con- siderable as corn. In the case of a deficient crop, the struggle of every one to get his accustomed share of that which is necessary for his subsistence, and of which there is not enough, or so much as usual, for all, produces an advance in price very much beyond the degree of the deficiency. Gregory King estimated that a defect of one-tenth in the harvest raised the price three-tenths above the common rate, that a defect of two-tenths produced a rise of eight-tenths, and so on. But though no such strict rule can be deduced, Mr Tooke thinks " there is some ground for supposing that the estimate is not very wide of the truth, from observation of the repeated occurrence of the fact, that the price of corn in this country has risen from 100 to 200 per cent, and upwards, when the utmost computed deficiency of the crops has not been more than between one-sixth and one-third below an average, and when that deficiency has been relieved by foreign supplies." The effect of abund- ance in depressing the price is not calculated to be in the same ratio as that of de- ficiency, as a portion of the excess may be held over. Still, " as a general position," says Mr Tooke, " it may be safely laid down that an excess of the supply of corn is attended with a fall of price much beyond the ratio of excess ; and that the larger quantity consequently will yield a less sum of money than the smaller quantity." (History of Prices, vol. i. p. 11-20.) Yet the general tendency of the mutual competition of buyers and sellers in all mercantile communities is to preserve both price and quantity from great and sudden fluctuations. Thus, when supply exceeds demand, and the price of a com- modity is lowered, individuals are always to be found ready to employ their funds PRI 549 PRI and credit in purchasing a portion of the surplus, with the view of retaining it and realizing a profit when the altered relation 01 supply to demand shall have led to an enhancement of price ; which, again, is through this operation rendered less excessive than it would otherwise become. The regularity and utility of thi3 equalizing process in the corn-trade has been already noticed^ [Corn.] It sometimes happens, however, that speculations, instead of limiting the vibrations of price, render them more irregular, and force them to wider extremes. This is generally produced through miscalculation, acted upon by a loose and expansive system of credit, under the influence of which many are encouraged to leave their own track and compete with the proper dealers in a commodity as speculative Surchasers of it. The excitement then produced too often changes the sober in- ustry of the merchant into the feverish ardour of the gambler ; means are strained and responsibilities stretched in effecting purchases, until prices having reached an extravagant height, a general attempt is made to realize the golden dream by selling. A recoil then takes place, the whole illusion is dissipated, and, in a market glutted with the stocks of the needy or ruined speculators, the fall of price becomes as excessive as its previous elevation. Occasional over-speculation, and indeed overtrading of every kind, are inseparable from the existence of credit ; but their frequency and extent will, doubtless, be lessened by the advancement and diffusion of commercial knowledge ; even now, their effects would be greatly modi- fied were it more generally kept in view that almost every kind of business is in the hands of established traders, too vigilant to overlook any opportunity of emolument, and who have much better means of information than temporary in- terlopers. Alterations in the Value of the Currency have only a nominal influence on prices. If by the paring or abrasion of the coin, or an excessive issue of paper, the value of money is depreciated to the extent of one-half, two pounds, two dollars, or what- ever may be the integer of account, will be required to be given where one was before sufficient ; but this will not change the relative value of one commodity to another, as all will be affected by the depreciation in the like degree ; and a bale of cotton, hogshead of sugar, and bushel of corn, will continue to preserve the same exchangeable ratio to each other. The alteration takes longer to reach some com- modities than others, so as to occasion a rise in their price. But in the general case, a depreciation of the currency, in reference to particular things only, cannot be supposed, any more than a rise of the tide in reference to particular objects on the shore, and not to all. Similar observations are applicable to the fall of prices consequent on raising the metallic standard, or contracting the paper issues. It is obvious, however, that though alterations in the currency do not affect the propor- tional value of one commodity towards another, they must produce injustice in reference to all existing contracts ; defrauding the creditor in the case of a depre- ciation, and the debtor in the case of an enhancement of its value. [Assignats. Money.] A sudden increase of bank accommodation, it may be observed, tends to raise prices by augmenting the number and power of purchasers, and thus stimulating their competition ; while an opposite effect will be produced by the contraction of such accommodation. But disturbing influences of this kind, though often con- founded with expansions and contractions of the currency, are in truth rather the action of capital ; and their effects upon prices are principally confined to particular localities or branches of business. So long as paper-money can be converted into specie of the mintage standard on demand, any expansion or contraction which would reduce or enhance the value of our currency, compared with that of other countries, would be speedily corrected by the operation of the foreign exchange. Some alteration would of course be produced before the remedial process could be accomplished, but its effect upon prices in general would be scarcely appreciable. PRICE-CURRENT, a list showing the market prices of commodities. PRIMAGE, a petty allowance on the freight or cargo of a ship, forming a perquisite of the master. PRINCE EDWARD ISLAND, a province of British America, is situated in the S. of the Gulf of St Lawrence. Area, 2157 square miles. Population 40,000, chiefly of Scotch origin. The constitution, like that of the adjoining colonies, com- prehends a lieutenant-governor, council of nine members, and house of assembly of eighteen. S The island, crescent-shaped, deeply indented by bays and inlets, and having an undulating sur- face, is rather fertile, with a climate resembling, but superior to, that of Lower Canada and Nova Scotia. The chief object of industry is agriculture , on which of late years considerable improvements have been effected ; and a surplus of corn, potatoes", and cattle, are notsr reared for the supply of PRI 550 PRI Newfoundland, Nova Scotia, and New Brunswick ; from whence British and foreign manufac- tures, spirits, tea, sugar, and other articles, are imported in exchange. The exports to Britain are confined to a small quantity of timber. Shipbuilding is pursued to some extent ; but fishing has never risen into importance. In 1835, the total imports amounted to £61,155; whereof N. Ame- rican colonies, £50,290; Britain, £10,1.91; Br. W. Indies, £621; foreign countries, £52: And the exports to £47,216 ; of which, N. American colonies, £38,223 ; Britain, £8331 ; foreign coun- tries, £603 ; Br. W. Indies, £58. In 1837, the shipping inwards amounted to 381 vessels, 23,578 tons ; outwards, 426 vessels, 29,615 tons. The difference between these numbers is occasioned by the departure of new vessels, and the return of others in ballast, of which no account is taken. Charlottetown, the seat of government and chief port, is situated in Hillsborough Bay ; it possesses a good harbour. The colonial currency is nominally what is called Halifax currency [Canada] ; but the exchange on London is commonly about 30 per cent. The revenue in 1836 amounted to £ 11 ,513 ; and the ex- penditure to £8010. PRINCIPAL AND AGENT. — An agent, in the widest acceptation, means a person employed to transact any description ofbusiness for another, the person so employing him being termed the '* Principal." An attorney employed to transact law-busi- ness, is called his employer's agent. There are several commercial persons, whose duties and rights are in most instances explained under separate heads, who possess more or less of the character of agency, such as factors, brokers, superin- tendents of works, confidential clerks or managers, shipmasters, bank-officers, holders of del credere commissions, and commercial agents. Constitution of the Contract. — An agent may be constituted by direct writing, or his authority may be implied from his situation. In some cases the former de- scription of appointment is necessary. In England, a corporation cannot appoint an agent otherwise than by its common seal, except for inferior duties, or to do acts in the ordinary routine of the business of the corporation. To enable an agent to bind his principal by a deed under seal, he must be appointed by a similar deed. There are certain transactions as to real property, as enumerated in the Statute of Frauds (Ch.II.c. 3, §§l,2,3),which by that act cannot be performed by an agent unless he hold authority in writing. There are other contracts for which the Statute of Frauds enforces writing by the party or his agent, but for which the authority of the agent does not require to be in writing. Authority to accept, draw, and indorse bills per procuration, may be given verbally. [Bill of Exchange.] Commercial agents receive the most ample and important powers by simple letter, which may either be general, authorizing them to conduct a particular line of business, and to perform the train of transactions connected with it ; or specific, and applicable only to some named transaction ; as, where a merchant employs a commission- agent to sell or purchase a particular lot of goods. Implied agency arises from the posi- tion of the parties ; a slight circumstance will resolve the contract of master and servant into that of principal and agent, in as far as respects third parties. If the master have allowed his servant to buy for him on credit, he is answerable for what the servant may buy, though without his authority, if it be in the line of transac- tions which the servant was permitted to enter on, and if the dealer was not warned of the want of authority in the particular case. Other limited authorities may likewise be extended by implication. " Thus, a broker employed to purchase, has no authority, as broker merely, to sell for his principal. But if the principal has al- lowed him to clothe himself with the apparent ownership, or has given him the power of disposition, he cannot afterwards reclaim the goods from a third person, to whom the broker has made an unauthorized sale of them " (Paley, 167). The authority to draw, accept, and indorse bills, and even to grant guaranties (though this is an extreme case), may be presumed from circumstances implying the principal's re- cognition of such a course. In all cases, the extent of the sanction will be for the consideration of a jury. The implied agency may continue after the parties have ceased to have conn. xion with each other, unless there is notice of the change, or from the time which has intervened since previous transactions. Strangers are not entitled to infer without inquiry that the connexion continues. Where a per- son authorized to draw bills was dismissed, it was ruled " that if he draw a bill in so little a time that the world cannot take notice of his being out of service ; or if he were a long time out of service, but that kept so secret that the world cannot take notice of it ; the bill in those cases shall bind the master" {Harrison, 12 Mod. 346). An act done in the way of agency by one not duly authorized, will be con- firmed by any act of assent on the part of him for whom he acts. Authority of Agent.— Where the authority of the agent is limited, he cannot bind his principal beyond it ; but authority may be enlarged as well as created by im- plication, as above. Authority to do particular acts is held to include the power of using the necessary means of accomplishing them. Thus, an authority to sue PRI 551 PRI for, receive, and recover a debt, includes an authority to arrest the debtor ; and a broker employed to effect a policy may adjust the loss, and refer it to arbitration ; but authority to collect, discharge, and compound debts, does not authorize the agent to negotiate bills received in payment. In pursuance of an old doctrine of the civilians, that a delegate cannot delegate his authority, an agent cannot depute his duty to another, unless specially empowered to do so. Written instructions receive a strict interpretation, but they are viewed through the medium of the usages of trade and the necessity of the case. Thus, where one left in Britain a letter of attorney, containing extensive powers to buy and sell, and do " all and singular such further and other acts, deeds, matters, and things, as should be re- quisite, expedient, and advisable to be done," with special power to " indorse, negotiate, and discount, or acquit and discharge the bills of exchange, promissory notes, or other negotiable securities, which were or should be payable to him, and should need and require his indorsement," it was held not sufficient to authorize the raising of money by acceptances ; nor in the same case was another power by which the granter authorized his agent, " for him and on his behalf, to pay and accept such bills of exchange as should be drawn or charged on him by his agents or correspondents as occasion should require," of avail as to the acceptance of a bill which had not been drawn by one who was his agent to that effect ( Attwood v. Man- nings, 7 B. & C. 278). But on the other hand, where an agent was employed to proceed with and complete extensive mining operations abroad, implying a large and not easily pre-defined outlay of capital, he was found entitled to raise money by drafts after having exhausted a letter of credit I Duncarry v. Gill, 1 M. & M. 450). The agent's authority as respects third parties is measured by the duties he has to per- form, as interpreted by the usages of trade. For example, he may be appointed to transact a certain description of business, and be particularly instructed not to perform certain acts which are understood in ordinary practice to accompany his duties. In such a case, when he accounts with his principal he is responsible for strict adherence to his instructions ; but the public are entitled to rely on his holding the authority generally accompanying his situation ; and those who are not specially aware of the contrary, wul be safe in so dealing with him. Such is the case where the appointment is of a general nature, as that of a broker, a factor, an attorney. Persons receiving these designations are entitled to do all things con- sistent with the duties of their offices, unless they are restricted ; and the public are entitled to view them as unrestricted, unless the contrary be known. The duty of a factor being to sell, it has been held that he can sell on credit in those trades where such is the usual course of dealing ; but it was found that he could not pledge ; and a special act (6 Geo. IV. c. 94) was required to enable such a person to do so. [Factor.] But when the authority is special to do a particular act, or where the agent is doing that which is not a part of the duties of his situation in a commercial sense, those who deal with him must examine his powers, and the principal is not answerable if he exceed them. The distinction has been thus stated in regard to the sale of a horse : — " If a person keeping livery stables, intrust his servant with a horse to sell, and direct him not to warrant, and the servant did nevertheless warrant him, still the master will be liable on the warranty, because the servant was acting within the general scope of his authority, and the public cannot be supposed cognizant of any private conversation between the master and the servant : but if the owner of a horse send a stranger to a fair with express direc- tions not to warrant the horse, and the latter act contrary to the orders, the pur- chaser can only have recourse to the person who actually sold the horse, and the owner is not liable on the warrantv." (Opinion in Venn v. Harrison. Paley^ 203.) Agent's Obligations. — The first duty of an agent is to follow his instructions, and where he has received none, this duty resolves itself into an adherence to the proper practices of trade in the capacity in which he is employed. Every breach of nis authority is at the agent's own peril, though done with the intention of benefiting his principal. If it be unsuccessful, he is responsible ; if it be successful, the advan- tage is reaped by his employer. But if the principal take the benefit of an act transgressing his instructions, he adopts it, and exonerates the agent. The latter is bound to exert all care and diligence in the execution of his trust, and to use all means consistent with honesty for benefiting his employer. He is not, however, bound to sacrifice his own interest in paying that minute attention to the affairs of his employer which may gain for him petty advantages at larger sacrifices of his own. The usual definition of what is expected of him is, that he shall treat his employer's affairs as if they were his own, and do corresponding justice to them according to their importance. It would not, however, relieve an agent from the FRI 552 PRI consequences of neglecting the affairs of his principal, to prove that he had been equally careless of his own ; the diligence required of him is that which a prudent man takes in his own affairs. [Bailment.] If an agent undertakes a task requir- ing skill and experience, he is responsible for possessing the requisite amount of these qualities. An agent cannot be bound to perpetrate a fraud for his employer, — thus, where an agent employed to sell by auction, was privately instructed not to sell under a certain sum, and in breach of the instruction, but in obedience to law, sold to the highest bidder, he was found not responsible (Bexwell v. Christie. Cowp. 395). It would have been otherwise had the instruction been to set up at a certain price. In selling, an agent should, if not instructed, obtain the best price which can be got. Unless he hold a del credere commission (which see), he is not responsible for the credit of the purchaser. If he knows of the insolvency of the purchaser, he becomes liable if he nevertheless give credit ; and if an agent, selling to a person notoriously in discredit, gives credit on the part of his principal, but takes ready money in his own personal dealings, the presumption against him will be very strong. In purchasing, if the agent deviate in price, quality, or kind, from his instructions, the purchase must go to his own account, unless his employer adopt it ; and it is said that if the principal has advanced money on the goods, he may dispose of them as if he were agent for the agent, if he be at such a distance that they cannot easily and safely be restored. But the principal must make his election speedily, for he will not be entitled after delay to return the goods upon the agent s hands. An agent ought not to place himself in a situation where he has an interest adverse to that of his principal ; and there are many circumstances under which, if he do so, he will be liable to make good the real or presumed injury occasioned. An agent employed to sell cannot be himself the purchaser, nor can one employed to purchase be the seller. An agent employed to purchase cannot buy goods at wholesale, and take the retail profits, though he show that his em- ployer pays no more than he would have done had he employed another person. " If, being a factor, he buy up goods which he ought to furnish as factor, and in- stead of charging factorage-duty, or accepting a stipulated salary, he take the pro- fits, and deal with his constituent as a merchant, this is a fraud for which an ac- count is due " (Opinion of Lord Thurlow in East India Company v. Henchman. 1 Ves. jun. 289). An agent ought to give early notice of his transactions, accord- ing to their nature and importance ; what is a due fulfilment of this duty will gen- erally depend on the circumstances of the particular case, and the custom of mer- chants. The agent must pay over monies received to his principal without undue delay. It is said that if an agent has received only part of the price, he cannot be pursued for the money until the transaction is closed, unless the defalcation bo owing to his own fault, as he cannot have recourse to several actions where there is but one cause of action (Varden v. Parker, § 3. Espinasse, 710) ; but the doctrine must be modified by circumstances connected with the probability of the purchaser making farther payments. If the agent take credit for the price in account with the purchaser, he is precluded from pleading that he has not received it. The agent is responsible for the money which he receives, but he is not so for its being ab- solutely realized to his constituent, if he have taken the proper and customary method of making it over to him. If it is customary in the profession to purchase the bills of persons apparently in good credit, or to lodge the money in a bank, and if, on either of these plans being adopted, the maker of the bill or the banker fail, the agent will not have to make good the loss. If an agent, however, place the money so paid him in a bank, without any mark to show that it is his constituent's and not his own, and the bank fail, he will be responsible, because he cannot be permitted to pitch upon any sum of money lodged in his own name, as the money of his constituent, when the person responsible for it has failed. It is an agent's duty to keep clear accounts of his transactions for his employers, making them carefully distinct from his own. " Where an agent had for many years neglected to keep accounts, and had withheld part of his principal's money, an injunction was granted to restrain the transfer of the whole of certain stock discovered to have been in- vested in his own name, till he should distinguish on oath how much of it was bought with the money of his principal " (Paley, 48). But where a considerable time has elapsed, the natural presumption (if there be nothing to contradict it) will be, that an account has been demanded and rendered. Agents must hold any interest they receive on the money of their principal for his behoof, unless where it is the practice for such interest to form part of the agent's remuneration. Agents are not in general liable for interest of money lying dead in their hands ; but some classes of agents are bound to invest the monies paid to them. PRI 553 PRI The Agent's Rights.— The agent is in the general case entitled to commission or remuneration for his exertions. This is either ordinary or del credere; and where none is stipulated, the usage of trade will fix the amount. It is said that " if there be no contract, express or implied, and no usage, of course no commission can be received" (Lloyds Paley, 101). Where a person performed services for a committee, under a resolution entered into by them, *' that any service to be ren- dered by him should be taken into consideration, and such remuneration be made as should be deemed right," no action lay, as the resolution was held to import that the committee were arbiters in the matter. By 12 Anne, st. 2, c. 16, § 2, the rate of commission for any broker or solicitor procuring a loan is limited to 5s. per £100 ; and by 17 Geo. III. c. 26, the commission for procuring a loan upon annuity is restricted to 10s. per £100. Where a solicitor lends his own money, he is held not entitled to commission ; nor has an agent any claim for commission on an illegal consideration. In other words, if, in stating the services for which he demands remuneration, he has to state the performance of an illegal act, he will not be remunerated, though his principal may have got the benefit of it. Thus, where a person holding an oflice in the customs, employed another to sell the office, promising him a per centage, the person so employed was not allowed to recover the reward (Stackpole v. Earl, 2 Wils. 133). But unless the illegality be clear on the face of the transaction, the employer will not relieve himself by proving that illegal acts were covenanted to be performed in connexion with it. Commission may be forfeited as damages for mismanagement. Besides their com- mission, agents are entitled to be repaid the disbursements proper to the perform- ance of the duties confided to them, and especially those necessary for the preser- vation of the property in their hands. Agents are not in the general case entitled to insure, unless justified by usage or special direction ; but it is said, on the authority of Mr Justice Buller, that " if an agent, acting for the best, but without orders, insure a cargo on account of the lateness of the season, or other good cause, he is entitled to charge the principal with the premium" (Paley, 108). What payments of agents are to be reimbursed becomes often a question of great nicety. Where the authority is doubtful, the advantage to the principal must be clear ; and an agent, however good his intentions, will not be reimbursed for payments to which, in mistake, he believes his employer to be liable. An agent is not entitled to take upon himself the payment of the debt of his principal, for the sake of his own credit, unless he have guaranteed it. Nor is he entitled to recover the expense occa- sioned by his own blunder ; and action is decided on for the expense attending an illegal transaction, on the principle which regulates commission in a similar case. To enable them to make good their demands, factors and other agents hav- ing property in their hands, have a lien thereon for their commission and costs. [Lien.] PrincipaPs Responsibility to Third Parties. — In enforcing any contract entered into by his agent, the principal is subject to any objections arising from the con- duct of the agent, in the same manner as if he had acted similarly for himself. When an agent deals as if he were a principal, a purchaser is entitled to set off the price of a purchase against a debt due to himself by the agent. Where a pur- chaser is not aware of the merely representative character of the agent, he is safe in paying to him as a principal. Where the agent holds a del credere commission, the purchaser may pay him, though he have received notice to the contrary from the employer ; and where the agent has a lien on a balance, the price amounting to such balance may be paid him. The claims of the principal against third par- ties in such cases will depend upon the nature of the agency, and on how much room there may be for the presumption that the agent is acting for himself. In this respect a factor, who has goods in his possession, and may appear to be the absolute owner, is in a different situation from a broker who is not intrusted with possession. The principal has action against third parties who have wrongfully come into possession of his property through the agent's fraud or mistake ; it would appear that in the former case he is entitled to recover when the circumstances are such that, if the mistake had been committed by himself, he would recover, and in the latter only against a participator in the fraud. The properly authorized acts of the agent, between the principal and third parties, are in the eye of the law the acts of the former. Delivery to the agent is delivery to the principal, and bars stoppage in transitu (which see) ; but a person who has charge of the goods for the mere purpose of facilitating their conveyance from place to place, is not an agent to this effect (See Paley on Principal and Agent, from which this article is in great measure abridged). ' [Broker. Del Credere. Factor.] PRI 554 PRO PRIVATEER. [Letter of Marque.] PROMISSORY NOTE, is a written engagement by one party to pay money to another at some certain time, fixed or ascertainable. Promissory notes bear so close an analogy to bills, both in the nature of the document and its privileges and requisites, that the law regarding both is generally treated under one head. In referring for information to the article Bill of Exchange, it will be necessary to recollect these distinctions, — that in the case of a note there is no party subsidiarily liable as drawer ; that the document is a simple obligation between two parties, the one engaging to pay the other ; that there is no room for the preliminary obligations of presentment for acceptance, or notice of non-acceptance ; and that there is no dis- countable document created upon the credit of the payee, previously to the obliga- tion of the payer, who, in a promissory note, is generally denominated the maker. The document does not admit of the same breadth of application, nor consequently require so extensive a legal machinery for giving it efficacy. There is no room for the distinction between foreign and inland with regard to promissory notes ; but the payee in a promissory note may put himself in the position of a drawer by indorsement, and then the document becomes, like a bill, an instrument which has value on the credit of some party besides the original debtor. The privileges of bills were conferred on promissory notes by statute ; — in England, by 3 & 4 Anne, c. 9, § 1 ; in Scotland, by 12 Geo. III. c. 72, § 36 ; and in Ireland, by the Irish statute, 8 Anne, c. 11, § 8. Promissory notes made abroad may be negotiated in Great Britain if duly stamped (48 Geo. III. c. 149, § 21). [Bill of Exchange. Indorsement. Protest, &c] PROOF IN BANKRUPTCY is the technical expression applied in England to the sanction of a claimed dividend. Creditors may prove tneir debts at the meetings appointed by the commissioners after adjudication, and at other meetings appointed for the purpose. Creditors may make affidavit on their own oath, and corporations on that of their agents. By the late act (5 & 6 Vict. c. 122), affidavits are to be made in England before the Court of Review, or either Subdivision Court, or a Commissioner, or the Master or a Registrar or Deputy Registrar of the Bankruptcy Court, or a Master in Chancery ; in Scotland or Ireland, before a magistrate ; and abroad, before a magistrate (a notary attesting) or before a British minister or consul (§ 67). Besides the affidavit, the commissioners are empowered " to require such further proof, and to examine such other persons in relation thereto, as they shall think fit " (6 Geo. IV. § 46). There are minute provisions in the 1 & 2 Wm. IV. c. 30, for the judicial settlement of disputed claims. The petitioning creditor must prove like the entitled to prove and draw the full amount if others; his deposition at the opening not entit- , there be sufficient funds. These are, the wages of servants and clerks, for the period of six months (§48), compensation to apprentices for apprentice fees, their apprenticeship being dis- charged by the bankruptcy (§ 49). By 4 & 5 Wm. IV. c. 40, § 12, where an office-bearer having property of a friendly society in his pos- session becomes bankrupt, the assignees are ling him either to vote or draw a dividend. Where the assignees, or two or more creditors who have proved to the extent of £20, conceive a debt improperly proved, they may make re- presentation to the commissioners, who, on ex- amination of the creditor and witnesses, — or of witnesses alone, if the creditor, when duly sum- moned, do not appear, — may expunge the proof I bound to deliver over such property within forty (6 Geo. IV. § 60). The jurisdiction of the com missionersisboth legal and equitable, and ' ■ they may inquire into the consideration of a debt notwithstanding a verdict, and if there are equitable grounds on which the verdict is im- peachable, they may reject the proof. It may also be inferred, from an observation of Lord Eldon, that the commissioners may inquire into the consideration even though there be a judg- ment. So it has been determined that the com- missioners may inquire into the consideration of a debt notwithstanding an award." — (Henley, days after an authorized demand. Among the ordinary debts which may be proved, there are to be specially noticed : — 1st, Creditors for future debts, " whether upon any bill, bond, note, or other negotiable security or not," who must deduct interest at 5 per cent, from the declaration of a dividend to the as- signed period of payment (6 Geo. IV. § 51). 2d, Sureties. A surety who has paid is en- titled to be put in the place of the original debtor, even though he incurred the security after an act of bankruptcy was committed, if he was not 101). I aware of the act (§ 52). No debt can be proved which rests on an ille- i 3d, An annuity creditor is entitled to prove gal consideration ; and a claim cut oft by limita- I to the value of the annuity, " regard being tion before the fiat is of course incapable'of being | had to the original price given for the said an- proved. An unliquid debt cannot be proved ; | nuity, deducting therefrom such diminution in as, for instance, a claim of damage not judi- j the value thereof as shall have been caused by the cially sanctioned. A debt contracted after the | lapse of time since the grant thereof to the date fiat cannot be proved ; and a special clause was , of the commission" or fiat (§54). An annuitant requisite to make debts contracted bona fide is not entitled to procure a collateral surety for after the Act of Bankruptcy, and in ignorance the payment till he have proved. If the surety of the circumstances, proVeable (6Geo.IV. §47). pay the amount proved, he is discharged of Some debts are privileged, and the creditor is further liability ; and if he do not pay it before PRO 555 PRO anv periodical payment of the annuity become due, subsequent to the bankruptcy, lie may be sued for arrears, until he have paid the amount proved, with interest at 4 per cent, from the time of notice of proof. On having made pay- ment, the surety comes in the annuitant's place, as a claimant on the estate ; and if the annui- tant receive any dividends, he must credit them to the suretv ( § 55) not proveable under the commission. 2. That in tort there is no debt whatever with which the costs can be incorporated until the judgment ; and that therefore, if the bankruptcy occurafter verdict and before judgment, proof cannot be made for the costs " (p. 136). A creditor holding a security over the bank- rupt's estate, must deduct its value from his debt before he can prove. An execution served 4th , Contingent creditors may have their debts and levied by seizure of the bankrupt's property valued by the commissioners ; and if the con- tingent event do not intervene so as to enable them to prove for the full amount, they may prove for such value (§ 56). 5th, The obligee in any bottomry or respon- dentia bond, is admitted to claim, and after loss or contingency to draw a dividend, as if the loss or contingency had happened before the fiat; and " the person effecting a policy may prove on the underwriters' estate, though not interested in the policy, if the person really in- terested be abroad ( § 53). 6th, The holder of a promissory note on which interest is not reserved, over-due at the date of the fiat, is entitled to prove for interest to the date of the fiat, at the rate allowed by the Queen's Bench in actions on such bills ( § 57). In other cases, interest is not allowed unless it arise out of the custom of trade, and be thus a matter of presumed contract between the parties. 7th, Costs of litigations ; as to which Lord is of this description. A person who has a real security over property by mortgage, pledge, or lien, cannot be compelled to part with it till his debt (with contingent claims of interest, &c) is paid. In 5 50 of the 6 Geo. IV. there are provisions for adjustment in cases of set-off, or compensa- tion of debts and credits between the bankrupt and his creditors. (Statutes as quoted. Henley's Bankrupt Law, 100-117. Smith's Mercantile L. 516-547.) L^ank- ruptcy.] In Ireland, the law as to the proof of debts is contained in the act 6 & 7 Wm. IV. c. 14, § 56 to 71 , and corresponds with the practice in England, except that, by § 57, the Lord Chan- cellor may issue an extraordinary commission for proof of debts, with the same powers as the Com- missioner of Bankruptcy for Ireland, before whom proofs in Ireland proceed. The method of litigating proofs differs with the different con- Henley observes, — " 1. That in any action, structionofthecourt.[BAKKRUPTCY,CouRTOF.] whether upon contract or in tort, if a verdict be In Scotland, the proof of debts in bankruptcy not obtained till after bankruptcy, the costs is chiefly regulated by the act 2 & 3 Vict. c. 41. which result from the verdict and judgment are [Sequestration .] PROPERTY AND INCOME TAX. The first income tax in Britain was imposed in 1798, in order to furnish means for prosecuting the war begun in 1793. It exempted incomes less than £60 a-year ; those from £60 to £65 were assessed at the T i r th part; those from 65 to 70 at g'-th; and the rate progressively increased until the income reached £200 or upwards, when it was taxed at T 'oth, or 10 per cent., the maximum ; a variety of abatements being at same time granted on ac- count of children and other burdens. The commissioners of management, chosen by the parliamentary electors, were assisted, or rather overlooked, by government surveyors. But the regulations, though apparently complex, worked well ; and notwithstanding that much evasion was practised, the tax, on the whole, was col- lected with less difficulty and greater fairness than could have been anticipated. It began April 5, 1798, and ended April 5, 1802, after the peace of Amiens ; having produced on an average about £5,500,000 annually. In 1803, the income tax was revived under the name of property tax. As before, it began on incomes of £60 ; and gradually increased until the income reached £150, when it was taxed at 5 per cent., the maximum. This rate continued from April 5, 1803, to April 5, 1805, when it was raised to 6£ per cent. On April 5, 1806, it was increased to 10 per cent, on all incomes, however small, arising from land or capital ; professional incomes under £50 were exempted ; and incomes of that description exceeding £50 and under £150, when they became subject to the full assessment of 10 per cent., were allowed abatements ranging inversely as their magnitude. This tax ceased April 5, 1816. The following is the return of the value of the several species of property on which the assessment was made, and the gross and net amount of the tax, for the year ended April 5, 1815 : — Schedules A Lands, tenements, hereditaments, or heritages.. B Houses, lands, and tenements C Funded and stock properties (value estimated) .. D Profits and gains of trade E Salaries, pensions, :>7 PRO but no assessment shall be made when such in- terest is payable out of income already brought into charge; the party assessed on such income deducting in tbis case the duty from the interest •when he pays it to the creditor, and who is bound to allow such deduction (§ 102). The profits of British trades, &c. are to be assessed where they are situate ( § 106); but profits arising in foreign countries or the colonies are to be assessed by the commissioner for London, Bristol, Liverpool, or Glasgow, at or nearest to where the property or remittances have been sent (§108). Statements and returns may be delivered, sealed up, if superscribed with the name and residence of the party, to the assessor of the pa- rish, or at the commissioners' offices, where they shall have given notice that such office is open for the same (§§ 49, 110). Persons may compound for the duty payable under this schedule for 3 years at an increase of 5 per cent, on the first assessment (§§ 143, 145). Merchants, though not allowed to deduct loss unconnected with trade, may yet set off the loss in one business against the profits of another (§ 101) ; hence, if a person is a partner in two firms, one profitable the other not, he should claim to be assessed separately from the other partners (§ 100). Ft, B. — Such set-offs are confined to occupa- tions falling under the same schedule. The tax will be levied by the collector in the ordinary way, unless parties desire to pay it an- onymously, before the usual period ; in which case a certificate of the assessment, marked with a number or letter, will be given to the party, and a counterpart, without his name, sent to the receiver. General Purposes ; or they may have the matter of their assessment altogether taken before the Special Commissioners, making such request to the parish assessor : this, however, is incompe- tent on the claim of exemption founded on not having £150 a-year {$§ 130, 131 ). Schedule E imposes 7d. per £1 upon all salaries, pensions, fees, &c. derived from every public office or employment (§§1, 146). Rules for Assessment. — Perquisites and fees to be taken on the average of three years, or on the preceding year only (§ 146). Exemptions allowed as in preceding schedules ; but no abatement allowed for loss in any busi- ness in which the official person may be engaged. Incomes under £150. Although the intent of the act is not to charge the duty on such incomes, yet it imposes the duty in the first instance on all derived from rents or land, or from annuities and interest (ex- cept government half-yearly dividends under 50s.), payable through other parties; but any person, on proving to the Commissioners for General Purposes that his aggregate income is under £150, will be exempted from the duties, and be repaid the amount of all deductions or payments made on account thereof. Management. " Commissioners for General Purposes, " elected commonly by the Land-tax Commission- ers from their own number, are to execute all matters with respect to all the schedules, except those which are to be performed by " Addi- tional Commissioners * (chosen by lot from them- selves), who are to consider the statements of gains and profits; and by " Special Commis- sioners " appointed by the Treasury for acting in certain cases under schedule D, and in other matters. The duties are to be raised under the Commissioners of Stamps and Taxes, under the regulations of the acts relating to the assessed If paid in advance. 4 per cent, per annum of discount allowed (§§ 137, 140). Persons objecting may appeal to the Special Commissioners instead of the Commissioners for taxes. See Income Tax, Supplement. PROTECTION, PERSONAL. [Personal Protection.] PROTEST, in the law of bills of exchange and promissory notes, is a notarial instrument, hearing that a bill or note, having been formally presented to the drawee or maker by a notary-public, was dishonoured (by non-payment or non-acceptance, as the case may be), and that the holder protests for recourse (including exchange and re-exchange in foreign bills) against the drawers and indorsers. The laws of the three kingdoms differ so considerably on this subject, that it may be conve- nient to view them separately. In England, contrary to the usual practice of the rest of Europe, a protest is not necessary for enforcing recourse on a bill at common law. To enforce pay- ment of foreign bills, however, it became necessary to conform with the rules of the countries where they were drawn, and the necessity of protesting all foreign bills, both for non-acceptance and non-payment, came into observance. 1st, Foreign Bills. — According to established practice, the protest should be made by a notary -public ; but if none can be procured, it is said that the protest may be made by an inhabitant, in presence of two witnesses (Bayley, 259). If the person who has drawn the bill abroad come to England, it is not necessary to exhibit a protest to him unless he apply for it. The rules regulating the necessity of protest are the same as those which apply to notice [Notice]; and so it is not strictly necessary (though it will seldom fail to be prudent) where there are no effects. When acceptance is refused to a bill coming within the defi- nition of those for which a protest is necessary, it should be put into the hands of a notary, who should again present it, and, on a second refusal, he may note the bill, or mark on it his initials, the year and day of the month, and any reason which may be assigned for non-acceptance, together with his charge. The noting has in itself no effect, except as the first step in the protest, which, as an instru- ment, the notary need not draw out on the spot, but may prepare at his leisure. A similar practice is adopted on refusal to pay. The notary's presentment will be at the place where the bill is drawn or accepted payable, and if at a banker's, during the usual hours of business. By 2 & 3 Wm. IV. c. 98, when the bill is drawn payable at any place other than what it mentions as the residence PRO 558 PRO of the drawee, and is unaccepted, it may be protested for non-payment at the place where it was drawn payable, without requiring to be a second time presented to the drawee. " In practice in this country," says Mr Chitty, " the holder of bills or notes, whether foreign or inland, himself or by his agent, presents the same for payment on the day they fall due, between nine in the morning and five in the evening, and if not paid, he then sends all his foreign bills to a regular notary- public, who sends one or more of his clerks round with such bills in the evening to the respective drawees' residences, and then produces the bills, and again requires payment, and of the charges for noting ; and if not paid, he reports to his princi- pal the terms of refusal ; and the principal notary afterwards, at his leisure, or as soon as required, draws up his formal protest " {Chit, on Bills, 9th Ed. p. 458). In a former edition, Mr Chitty had laid it down as the doctrine of lawyers, that the demand should be made by the notary-public in person. In reference to this opinion, a correspondence ensued between him and the secretaries of the Society of London Notaries and the Association of Liverpool Notaries, in which it was urged by these bodies that the system as above stated was fixed by a long course of practice. The question has not been the subject of judicial decision, and it may be observed that the practice is in opposition to that of other countries (Traites de Pothier, II. 149). A protest must bear date on the day of payment. 2d, Inland Bills. — In these, protest is solely the creature of statute. By 9 & 10 Wm. III. c. 17, and 3 & 4 Anne, c. 9, § 4, inland bills in England for £5 and upwards, expressing themselves to be " for value received," and drawn payable a certain num- ber of days, weeks, or months after date, may be protested for non-acceptance ; and if accepted in writing, may be protested for non-payment on the day after the last day of grace. The protest, it is enacted, must be sent, or notice given of it, to the party from whom the bill is received, " who is, upon producing such protest, to repay the said bill or bills, together with all interest and charges, from the day such bill or bills were protested" (9 & 10 Wm. III. c. 17, § 2). The object of these enact- ments was to give prompt recourse for interest and charges. But " the act only gives an additional remedy, and does not take away the common-law one, and therefore it is not necessary to protest, — it being, in all cases of inland bills, suf- ficient to give notice of non-payment, and the holder is entitled to claim interest from the drawer, although there is no protest. In practice, a protest of an inland bill is seldom made, but it is only noted for non-payment, and which noting is of no utility. . . And a protest made in this country cannot be proven by the mere production of it, as when made and used abroad ; but the notary himself must be called to prove the making it " {Chitty, 465-466). It is held in interpre- tation of § 6 of 3 & 4 Anne, c. 10, that protest is not required in bills under £20, to secure the remedy of the statute. Bayley, 258-267. Chitty, 332-343, 445-446. In Ireland, by the statute consolidating the law on bills of exchange (9 Geo. IV. c. 24), it is lawful for the holder of a bill or note for £5 or upwards, to protest it in the usual manner for non-acceptance or non-payment ; " which protest, so made as aforesaid, shall be sent, or otherwise due notice of such dishonour shall be given, by or on behalf of the party holding or protesting such bill or note, to the party from whom such bill or note was received, and whom it is sought to make chargeable therewith, and such party shall thereupon pay the said bill or note, together with all interest and charges from the day when such bill or note was protested . . . ; and in case such protest shall be made and sent, or such due notice of the dishonour of such bin or note shall be given as aforesaid, to any person liable to the payment thereof by reason of such dishonour, the person so receiving such protest or notice, and failing or neglecting to pay the amount of such bill or note so protested or dishonoured, together with the costs of such pro- test, shall be liable to all costs, damages, and interest, which may and shall accrue thereby " (§ 4). The application of this statute, it will be observed, is not limited to bills for value, or payable within a fixed period after date ; and the period of seno*ing the protest is not fixed to within fourteen days. On the narrative that it is the practice for bankers and others to attend till the hour of six in the after- noon, for the purpose of receiving payment of bills presented at an earlier hour, and which have not been paid, after which hour they have been sent to a notary- public to be again presented and protested if not paid ; " and whereas doubts nave existed, whether the acceptors of bills of exchange, &c. have not, by law, till the last instant of the day on which the same respectively may become due to pay the same ; and by reason of such doubts, notaries-publie in Ireland have been required, at late and unseasonable hours of the night, to receive payment, &c.;" it PRU 559 PRU is enacted, — that when a notary presents a bill, and it is not paid by 9 o'clock p.m., it shall be dishonoured, and may be protested (§ 12). Notaries are to register bills delivered to them for presentment. All notarial charges (which are fixed by the act) fall on the party liable to pay the bill ; and he is liable for the ex- pense of notarial presentment, though the bill be honoured on such presentment, if it have not been so on the presentment of the party. The notary may demand the charges from the person liable, and, in case of refusal, may refuse to receive acceptance, or pavment of the principal sum, as the case may be, and hold the bill dishonoured (§ 13). In Scotland, protest for non-acceptance and non-payment is, both in the case of inland and foreign bills, an essential part of due negotiation, and necessary to found recourse against drawers and indorsers. Besides being essential to a claim of recourse, it is necessary for recovery even against the original party bound as maker or acceptor, where recourse is sought through the peculiar facilities for enforcing payment of bills of exchange in Scotland, by summary diligence. [Dili- gence.] The protest is taken by a notary -public, in presence of two witnesses. It cannot be supplied by any description of evidence as to the knowledge of the party that recourse was to be claimed against him, or even by a reference to his own oath to that effect. It appears to be held as law in Scotland, that the presentment for protest must be by the notary himself, and not by his clerk. In practice, the bill is noted on the day of presentment for acceptance, or the day of payment (being the last day of grace, where days of grace are allowed), and the instrument of protest is drawn up afterwards. To render summary diligence competent, the protest must be recorded within six months— if for non-acceptance, from the date of the bill — if for non-payment, from the time for payment. ( Thomson on Bills. 442-456.) PRUNES, or Dried Plois, are brought from the south of France, particularly Tours ; they are oblong and rather sweet. The best are the Pruneaiuv de St Julien. Prunelloes, a kind of a reddish-yellow colour, brought from Provence, have a sweet, grateful taste, with a slight and pleasant acidity. The importations are subject to considerable fluctuations. PRUSSIA, a powerful European kingdom, occupying a great part of the N. of Germany and the N. portion of what was formerly Poland, extends from 49° 8' to 55' 50' N. lat., and from 6° to 22° 50' E. long. Provinces — 1. Prussia Proper ; 2. Pomerania ; 3. Posen ; 4. Silesia ; 5. Brandenburg ; 6. Prussian Saxony ; 7. Westphalia ; and 8. Rhine. Area, 106,500 sq. miles. Population in 1840, 14,907,091. Capital, Berlin, an inland city ; pop. 265,394. Government, an hereditary mon- archy, with a council of state, and, since 1823, provincial assemblies, to whom laws are submitted for deliberation ; but the royal prerogative is more substantially modified by the power resulting from the intelligence and military organization of the people. S The six provinces first mentioned, bounded N. E. and S. by Mecklenburg, the Baltic, Russia, Poland, Austria, and Saxony, are separated on the W. by Hanover, Hesse-Cassel, and other small German states, from the provinces of Westphalia and* Rhine, which again are bounded on the W. and S. by the Netherlands, Belgium and France, and Bavaria. To these provinces, spread over so wide a surface, no general description will apply ; but they mostly present a level aspect, — so much so, that many marshes and lakes have been formed by the inundations of the rivers. The mountain-tracts of the Hartz in Saxony, and the Riesengeberge in Silesia, are chiefly on the frontier. The rivers traversing the country, as the Rhine, Weser, Elbe, Oder, and Vistula, flow generally, with a slow current, from south to north. In the western provinces the climate is warmer than that of England ; in the eastern it is cold, and also very moist along the shores of the Baltic. On the whole, the soil is sandy and poor. The most fertile and populous districts are Silesia, Rhenish Prussia, and Saxony, particularly the plain of Magdeburg. Agriculture, though in a backward state, is improving. The rural products resemble those of Britain ; differing chiefly in the more extensive cultivation of rye, which, with potatoes, forms the principal food of the lower classes. Flax and hemp are largely raised ; also chicory and beet, which last yields about a fourth part of the sugar consumed. Tobacco, hops, and madder, are likewise cultivated ; and in the Rhenish districts wine is made. In 1837, the number of horses in the kingdom was 1,472,901; cattle, 4,838,622; sheep, 15,011,452; goats, 327,525; and hogs, 1,936,304. Of the sheep, 3,617,469 were pure merinos, and 7,165,088 half-bred : these fine kinds are principally in Saxony, Silesia, and Brandenburg, and their wool forms the great staple of the kingdom. The small occupiers of land are usually proprietors ; the larger owners generally cultivate their estates through stewards,— there being few farms except on the crown domains. The kingdom, being generally level, is not rich in minerals; but in the Hartz, Riesengebirge, and other districts, iron, copper, zinc, lead, and coal, are plentiful ; and amber is found on the coast. Prussia is mainly an agricultural country, though the Rhine, Saxonv, Silesia, and some other parts, are now distinguished for several branches of manufactures. The latter are chiefly in the Rhine province, on the Wupper, in and around Elberfield and Solingen, which abounds in coal and water- power, and where cottons, silks, and linens are largely produced. Linens are also made for ex- PRU 560 PRU portation in and around Hirchbcrg in Silesia, in Westphalia, and in Emeland in Ducal Prussia Superior broadcloth is made at Upen, Malmedy, Berlin, and Aix-la-Chapelle; and both linens and woollens for domestic use are woven in almost every cottage. Hardware and cutlery are largely made at Hagen, Iserlohn, Solingen, Olpe, and Essen ; and Berlin is celebrated for its cast- iron articles. Beer is extensively brewed in all parts ; and the consumption of spirits is estimated at nearly 45,000,000 Imp. gallons a-year ! Berlin and Halle are the chief seats of the book-trade. The internal trade of Prussia is facilitated by numerous rivers, almost every where navigable, and so connected by canals, that goods may be transmitted even between Hamburg and Dantzic. Excellent carriage-roads also abound, with mail-coaches on the principal lines ; and railways have been formed from Berlin to Potsdam and to Stettin, between Cologne and Aix-la-Chapelle, and in other places. The external commerce of the kingdom is likewise considerable, and rapidly increasing ; though, since the establishment of the Customs Union, its amount cannot be ascertained. It extends to almost all parts of Europe, and to America ; but the chief intercourse is with the other German states, Britain, Russia, Sweden, Denmark, and the Netherlands. The British trade (except the shipment of grain and timber from the Baltic ports) is mostly carried on at second hand through Hamburg, Bremen, and the Netherlands ports, especially Rotterdam. The imports embrace sugar, coffee, cotton wool, twist and stuffs, and English manufactures of various kinds ; dyeing substances, spices, wines, salt (a government monopoly), and coals. The exports consist princi- pally of raw produce, mostly corn, wool, timber, zinc, flax, hams and salted provisions, and bris- tles ; the manufactured exports are chiefly linens, woollens, hardware, jewellery, watches, wooden clocks, Prussian blue, spirits, and beer. [Prusso-German Customs Union.] Timber is now becoming scarce in Prussia ; and that shipped is mostly brought to Dantzic and Memel from Russian Poland ; from whence likewise the corn exported is principally derived. The shipments of corn are very considerable, especially to Britain, Holland, and Norway, in years of scarcity. In 1838, 1839, and 1840, when the crops were deficient in England, the total ship- ments of grain from Prussia amounted to 25,103,758 scheffels, or about 4,744,610 Imp. quarters, principally wheat, but including considerable quantities of rye, barley, oats, beans and pease ; of which 3,149,551 quarters were sent to Britain {Par. Paper, 1842, No. 7, p- 61). The chief corn ports are Dantzic, Stettin, and Konigsberg, especially the first ; the exports from Stettin are chiefly the growth of Silesia and the Mark. The shipping of Prussia is rather small, considering its extent of coast ; amounting in 1841 only to 738 vessels, 147,450 tons. Ports. — Dantzic or Gdansk, the principal, a strongly fortified and flourishing city, lies on the left bank of the chief arm of the Vistula, about 3J miles from the Baltic, in lat. 54° 21" N., long. 18° 39' E. Pop. 6 / ( 00. The harbour scarcely admits vessels drawing more than 12 feet, but there is good anchorage in the roads for those of any burden. It possesses numerous commercial institutions, shipbuilding yards, and manufactories ; but its importance is mainly derived from its being the outlet of the immense territories watered by the Vistula and its tributaries. It is the greatest corn entrepot of the world ; and its exports besides embrace pine battens, deals and beams, oak staves, ashes, bones, wool, zinc, spruce beer, and feathers ; most of which articles are, as is usual in the Baltic ports, arranged into three qualities by the braack, a body of government in- spectors. In 1840, the exports amounted to £1,798,722, and the imports to £380,280. About 210,000 tons of shipping entered in 1840. Stettin, a fortified seaport town of Pomerania, situated on the Oder, 36 miles from its mouth, in lat. 53° 24' N., long. 14° 33' E. Pop. 32,000. Vessels drawing more than 7 or 8 feet load and unload by means of lighters at Swinemunde, the out-port, where there is from 19 to 21 feet. It is the chief seat of the Prussian import -trade ; and, being the emporium of the countries watered by the Oder and its tributaries, is the port of Berlin, Breslaw, and Frankfort. Exports ; linens, corn, wool, timber, zinc, manganese, bones, oil-cake, &c. ; the whole amounting in 1840 to £1,105,505; the imports in the same year were valued at £1,328,900. About 170,000 tons of shipping enter annually. Memel, the most northerly port, lies in lat. 55° 42' N., long. 21° 8' E., on the N. E. side of the Ku- rische-haff, a great salt lagoon. Pop. 9034. The harbour is deep and commodious ; but, owing to a bar, vessels are frequently obliged to load and unload in the roads, where the anchorage is not good. Shipbuilding is prosecuted extensively; and the staple export is timber, chiefly fir; the annual average amount being about 80,000 loads, besides nearly 600,000 planks. Other exports, corn, flax, hemp, wool, linseed, hides, bones, and bristles. About 100,000 lasts of shipping enter annually. Konigsberg, the capital of East Prussia, lies partly on an island, but chiefly on the N. bank of the Pregel, near its junction with the Frische-haff, in lat. 54° 42' N., long. 20° 30 7 E. Pop. 68,. In medicine it is used as a sedative. PRUSS0-GERMAN CUSTOMS UNION or ZOLLVEREIN. This asso- ciation for assimilating, uniting, and simplifying the fiscal arrangements of tbe numerous states of Germany, though it naturally arose out of the advancing civi- lisation of that country, derived its immediate origin partly from the circum- stances resulting from the last European war. For a series of years prior to 1814, the " Continental System" of Napoleon, and other hostile obstructions, by nearly excluding British merchandise, had the effect of creating and extending manufactures in various parts of Germany. None of the tariffs of the different being then prohibitory, except that of Austria, the young manufactures be- came exposed on the return of peace to the crushing competition of England, and great distress was produced, particularly in the Rhenish provinces, which had at the same time the vast markets of France withdrawn from them by their transfer from that power to Prussia. Influenced partly by the discontent of these provinces, and partly by the exclusion of all her leading staples, except wool, from the mar- kets of Great Britain, Prussia, in 1818, issued a new tariff, which raised the duties on the imports into her dominions. This new tariff, however, though amply pro- tective to her own subjects, aggravated the difficulties of the manufacturers of the smaller German states, whose products it excluded, and who also, shut out from France and Austria, and having their internal trade impeded by numerous a:.d conflicting customs and transit regulations, were now each nearly confined to •2N PRU 562 PRU the narrow limits of their respective domestic markets. The distressed manufac- turers naturally sought a remedy for these evils ; and in 1819 an association was formed at Nuremberg, which, gradually numbering 6000 members, ultimately forced the subject upon the attention of the German governments. Many negotia- tions took place ; at length, in 1827, a Customs Union was formed between Wur- temberg and Bavaria ; next followed the treaty between Prussia and Hesse in 1828 ; and about the same time a third union, the Mittel Verein, took place between Saxony, Hanover, and some minor states. The former two were soon united by the exertions of Prussia ; through whose influence likewise several states were detached from the Mittel Verein, which was afterwards dissolved. And in 1833, nearly the whole of the members of these unions were associated into one great league, the Zollverein, which came into operation January 1, 1834 ; and being afterwards joined— in 1835 by Nassau and Baden ; in 1836, by Frankfort ; in 1841, by Bruns- wick and Lippe-Schaumberg ; and in 1842, by Luxemburg, — now comprises al- most the whole of Germany, except the parts subject to Austria, Hanover, Olden- burg, Mecklenburg, Holstein, and the Hanse Towns. By the convention of the Zollverein all restrictions to communication and transit are removed, internal custom-houses abolished, and a common system and collection of export, import, and transit duties established, to be levied at the exterior boundaries of the frontier states, and divided among the members of the league according to their population : a common system of monies and weights was also provided for ; and it was agreed that there shall be a meeting of plenipotentiaries of the associated governments, in June annually, at which the affairs of the league shall be discussed. The duration of the convention was provisionally fixed for January 1, 1842 ; but if not then terminated (by two years' previous notice), it shall be considered as prolonged for 12 years, and so on from time to time for a further period of 12 years. Statement of the Total Population of the Zollverein, and of the Amount of Customs Duties received, with the Average Amount per Individual in Silver Groschen and Pfennings, and the per Centage Cost of Collection, in each Year from 1834 to 1838. Gross Receipts. Years. Population. Average per Indivi- Cost of Col- f 1 On Imports. OnExports. OnTransit. Total. dual. Prus. Doll. Fru>. DoIL Pruj. Doll. Prus. Doll. Gr. Pf. 1834 23,478,120 13,763,458 422,450 529,534 14,715,442 18 8 16 per Cent 1835 23,752,354 15,731,182 502,494 526,158 16,759,834 21 2 14 ,, 1836 25,719,582 17,332,770 521,375 487,321 18,341,466 21 4 m „ 1837 26,013,717 16,866,187 408,549 592,310 17,867,046 20 6 ,, 1838 26,048,970 19,235,823 551,537 534,987 20,322,347 23 4 '.. In the year 1839, the total gross receipts amounted to 20,569,486 Prussian dollars ; in 1840, to 21,293,232 ; and in 1841 (as shown below), to 21,915,944 dollars. The following Table shows the Area and Population of the several Members of the Zollverein, the Amount of Duty raised, and the Shares of the Net Receipts in the Year 1841. Sq. miles. 1. Prussia, and the states which have come to an agreement with her 2. Bavaria 3. Saxony 4. Wurtemberg 5. Grand Duchy of Baden 6. Electorate of Hesse 7. Grand Duchy of Hesse 8. Thuringian Association 9. Duchy of Nassau 10. Frankfort-on -the- Maine 109,1 31,259 5,749 8,150 5,915 3,853 3,793 4,940 1,750 174,535 92 Population.! Duty I Raised. i PM* Doll. 15,159,031 14,701,855 4,375,586 1,681,171 1,706,276 1,703,258 1,294,131 666,280 820,907 952,421 398,095 27,075,985 66,338 I 174,627 27,142,323 1,878,176 474,448 846,364 408,673 515,444 348,212 35,141 20.889,484 1,026,460 21.915,944 Share of Net Receipts. Pmi. Doll. 10,925,229 3,158,621 1 ,229,727 1,291,234 936,847 480,193 637,415 686,418 288,682 19,634,366 1,026,498 20,660,864 The progress of the Zollverein was jealously watched in this country, as the tariff adopted by it was more unfavourable to the admission of British goods than PRU 563 PRU the tariffs previously existing in the other states ; and our manufacturers feared, with apparent reason, that their trade would suffer in every case where additional duties were imposed. It is impossible to investigate this question minutely, as the trade between Britain and the states of the League passes not only through. German ports, but also through Holland and Belgium, — the principal channels being Hamburg and the Elbe, Rotterdam and the Rhine, and Bremen and the Weser. But a general estimate will be obtained by a comparison of our trade with all these places. Declared Value of British and Irish Produce and Manufactures exported to Germany, Holland, and Belgium, in the following Years. Hanse Towns Mecklenburg, Hanover, and Oldenburg. Prussia Holland ' Belgium Whereof- Total Cotton Linen Woollen / Manufactures* (Twist and yarn f Manufactures \Yarn Manufactures Yarn Machinery and mill-work Hardware and cutlery Brass and copper manufactures. Iron and steel Coals Refined sugar All other articles Average of Five Years. 1829-33. £ 4,358,650 42,364 192,497 2,402,546 6,996,057 2,130,161 2,318,846 13,942 480 897,972 157,484 13,984 112,065 58,286 142,316 45,105 482,983 622,433 1834-38. 1840. £ £ 4,665,767 >5 215 155 32,845 l 5 ^ 15 ' 105 152,035 j 206,866 2,843,550 3,563,792 856,150 881,831 8,550,347 9,867,644 2,152,206 3,349,856 39,397 51,970 1,055,291 255.5H) 90,365 137.790 130,355 287,360 67,190 92,303 840,764 1,901,308 4,098,977 58,984 152,677 1,267,489 322,886 17",361 153,195 200,709 411,247 123,101 8,399 998.311 £ 5,408,499 219,345 3,416,190 9,924,320 1,905,128 4,099,175 73,308 168,410 1,139,631 357,999 173,013 157,269 209,515 440,070 120.679 5.083 1,075,040 The above, while it exhibits a highly satisfactory increase in the amount of our exports, shows also, as already noticed [Commerce], that that increase mainly consists of raw products and half-manufactured articles, as coal, iron, steel, twist, and yarn. This is quite in harmony with the tariff of the Zollverein, which admits raw materials, and materials serving the ends of agriculture and manufactures, either without any, or on very low duties. Thus, raw cotton, wool, coal, pig-iron, ores, raw hides and skins, potashes, turpentine, chalk, rags, manure, earths, Mack- lead, wood, seed, and such like, are exempt from duty ; and low rates are imposed on twist and yarn, the produce of our superior machinery ; metals in the earlier pro- gress of manipulation ; and all articles to which more labour is to be applied. But the duties press heavily, or rather prohibitorily, on articles entering into competi- tion with the manufactures of Germany, which are generally of a coarse heavy kind : this is effected by the imposition of a fixed rate on the weight of the goods im- ported, without any reference to quality or fluctuation of prices ; so that it falls lightest on fine goods and Iieaviest on the common kinds. They are on cotton manufactures, £7, 10s. per cwt. ; on woollens, £4, 10s. ; on hardwares, £8, 5s. ; on common linens, 33s. ; on fine linens, £3, 6s. ; and on silks, £16, 10s. per cwt. Estimated ad valorem, the duty on cottons varies in this way from 3£ to 120 per cent., and on woollens from 20 to 50 per cent. ; and these per centages will of course increase according as the articles fall in price. The necessary operation of this system is the exclu- sion from the markets of almost all the commoner articles of foreign manufacture ; in short, all those largely consumed in Germany, for which a complete monopoly has been created in favour of the home producer. The manufactures of Germany, however, are not to be considered as deriving their existence solely from tariff protection. Many kinds, — as those of linens and woollens,— have been long established ; and their cotton manufacture, though of tomparatively recent introduction, has in some departments, particularly hosiery [Hosiery], even outstripped that of Britain. In truth, much of the progress of manufactures in Germany is the n atural result of her return to the arts of peace. * " The decrease in cotton goods has been chiefly in printed cottons; especially in red printed cotton, or Turkey reds, in which the dyers and printers of Germany and Switzerland excel those of all other countries. It is indeed probable that British printed cottons will very shortly cease to be used in any of the Zollverein states."— (Macgregor't Commercial Tariffs, &c, part v. p. 69.) PRU 564 PRU A monopoly of cheap production, and the exclusive possession of advantages for which civilized man is every where struggling, cannot be always retained by Eng- land. Without possessing perhaps the enterprise of the British and Americans, the Germans excel in judgment, calculation, and perseverance ; and they have aptitudes and facilities of their own, which greatly aid the development of their industry. Their habits are eminently frugal ; and wages are very low, especially in Saxony, where potato cultivation and the cotton manufacture appear to have advanced simultaneously. Elementary instruction is provided for all, and special instruction for those who exhibit any particular genius ; and the arts of design, metallurgy, and chemistry, are better understood than with us ; while even in those branches in which our superiority is the most marked, such as machine- making, competition is rapidly marching after us. To these influences has now to be added that of the Zollverein, which, by rendering its numerous states commer- cially one country, with one frontier, establishing in fact perfect free trade among 27,000,000 of people, and leading in every direction to extensions of the means of internal communication, has given a prodigious impulse to every department of industry. Yet, after allowing for all these circumstances, the immense capital, and other advantages which still render Britain superior to the rest of the world in manufac- turing power, would, there can be no doubt, enable it to export much more largely to the states of the Zollverein were their tariff more liberal. Instead of any modi- fication, however, it is feared by many that the protecting system will be extended, so as to exclude the yarns and other half-manufactured articles of which our ex- {>orts now mainly consist ; and it is certain that the tendency of the predominant egislation of Germany is to secure more and more of the home market in every stage of the process of manufacture. But this predominancy, we may remark, is rather owing to the youthful vigour, activity, and concentration of the manufac- turing interests than to their importance compared with those of agriculture. The latter, which are much more diffused,more productive, and represent a vastly greater amount of capital andlabour than the former, are,and must long continue,intimately connected with the foreign trade of Germany ; for it is to distant markets alone they can look for the sale of that surplus produce which home demand does not consume ; and their just influence will doubtless be restored when the Zollverein shall, by its consolidation, have become sufficiently powerful to repress the local and partial influences of its various elements, and blend them into the paramount interests of the whole. To this restoration the progress of commercial legislation in this country, as indicated by the late modification of our tariff, will contribute, as well by checking the flow of capital from rural to manufacturing pursuits in the states of the Zollverein, as by inciting the agricultural interests in those states to con- trol any farther extension of the restrictive policy. It is besides only upon a mo- derate system of duties that contraband trade can be prevented, and a healthy action permanently communicated to the manufacturing interests themselves. We have, therefore, just grounds to believe that the restrictive tendency of the Zollverein will be checked, or at least not suffered materially to increase ; and that, while the ad- vancing wealth of Germany will naturally lead to an enlargement of its foreign commerce, an important share of this commerce must continue to be held by Bri- tain, from the great amount, variety, and cheapness of her merchandise. The members of the Zollverein desire its extension ; but, by its fundamental or- ganization, no states can be admitted but those of Germany, — the league being indeed partly the result of a popular feeling among those states for unity and nationalization. Of the different members, Saxony is that which on the whole has profited most by the League, for in that country manufacturing industry being most developed, it had the vantage ground in competing with the others ; and new and extensive markets were opened to her, and at the same time closed to a great extent against foreign rivals. Frankfort-on-the-Maine, again, is that which has experienced least benefit from the League. [Frankfort.] Prussia, though the leading and most zealous member, is, in a financial point of view, situated less ad- vantageously than she would have been had her independent tariff been continued : many of her protected classes have likewise suffered from the competition of Saxony. This has led to the general belief that the ostensible object of the Zollverein is neither the only nor the chief motive which has influenced that power, but rather political views, extending beyond the interests of the present day, and tending to its own aggrandisement. The origin of the union, however, was, as we have al- ready explained, commercial ; and this circumstance strengthens the probability of its duration ; but political consequences of the greatest importance cannot fail PUL PYR to arise from the external relations of the Zollverein. Indeed, the distinction be- tween a commercial union and a political alliance is an imaginary one ; since, what- ever so completely unites the interests of different bodies of people, must combine their policy, their diplomacy, and, in the event of danger, their strength. "Weights, Monies, Conventions, &c. Weights.— The weightadopted by the League sterling. It bears the effigy of the King of Prussia, and has on the reverse the inscription of Vereins Miinze, or " Union's Money." Treaties of Commerce have been effected with Holland, the Hanse Towns, and Great Britain. The last mentioned, negotiated with Prussia, March 2, 1841, provides that the vessels of the states of the Zollverein, with their cargoes, con- sisting of goods legally importable into the United Kingdom and colonies, by the said vessels, from the ports of the countries to which they respec- tively belong, shall, when coming from the mouths of the Meuse or Elbe, or any navigable river lying between these streams, and commu- nicating with any of the said states, be admitted into the ports of the United Kingdom and colo- nies, in as ample a manner as if the ports from which such vessels may have come were within the dominions of any of the said states ; and such vessels shall be permitted to import the said goods upon the same terms on which they might be imported if coining from the national ports of such vessels. In like manner, such vessels proceeding from the United Kingdom and colonies to the ports and places thus referred to, shall be treated as if returning to a Prussian Baltic port, — it being understood that these privileges are to extend to the vessels of the states aforesaid and their car- goes, only in respect to each of the said ports in which British vessels and their cargoes shall, upon their arrival and departure, continue to be placed upon the same footing as the vessels of the states of the Zollverein. This treaty, unless terminated Januaryl,1848, by 6 months' previous notice, was to remain in force until January 1, 1 8-34, and further until the end of 12 months after notice by either party. Further information will be found in Dr. Bow- ring's "Report on the Prussian Commercial Union," 1840, and in Mr. Macgregor's " Com- mercial Tariffs and Regulations of the several States of Europe," &c. part v. July 1842. See Article in Supplement.* as the basis of their tariff, is the centner or hun- dredweight of the duchy of Baden, which is divided into 100 pounds, each equal to the livre usuelle, or J kilogramme of France. TheZoll- centner of 100 lbs. is therefore equal to 110-243, or very nearly 110i avoird. lbs. ; and 100 avoird. lbs." = 90*708, or nearly 90 j Zoll-pounds. Also, 65 Zoll-centners = 64* avoird. hundredweights nearly. The Zoll pound is divided into 30 loths. The following equations are given in the ta- riff:— Zoll-ponnda. 935-422 = 1000 Prussian lbs. 1 1 20 = 1000 Bavarian lbs. 2ooo = 1000 Kilogrammes. 935-456 = 1000 Wurtemberg lbs. 933 673 = 1000 Saxon (Dresden) lbs. Or, approximately, 14 = 15 Prussian lbs. £3 = 25 Bavarian lbs. 2 = 1 Kilogramme. 14 = 15 Wurtemberg lbs. 15 = 15 Saxon (Dresden) lbs. Also, Z.'l. centners. 36 = 35 Prussian centners of 110 lbs. 28 = 25 Bavarian centners of 100 lbs. 2 = 1 quintal of 100 kilogrammes. 36 = 37 Wurtemberg centners of 104 lbs. 36 = 35 Saxon (Dresden) centners of 110 lbs. Money. — The integer of account in the north- ern states is the Prussian dollar (thaler) or crown of 30 silver groschen; in the southern, the Bavarian guilder or florin of 60 kreutzers. The former is equivalent to 2s. 10td., the latter to Is. 8d. sterling; the Cologne mark of pure silver, of 233*855 grammes, being represented by 14 dollars or 24J florins. Hence 1 dollar = 1| florin ; 1 florin = i dollar ; and 15 silver gros- chen = 52J kreutzers. A new coin has been struck, common to all the states, of the value of $th of the mark of pure silver, and equivalent consequently to 2 Prussian dollars, 3J Bavarian florins, or 5s. 9i-egab.] UUA 5(56 QUA Q. QUARANTINE Laws, regulating the intercourse with countries subject to pes- tilence, originated in the 15th century in Venice ; and, though also applied to cases of cholera and yellow fever, owe their introduction, as well as their continuance, to dread of the plague of the Levant. They consist of regulations interrupting the intercourse, and subjecting men and animals communicating with the country affected by or suspected of contagion, to a probationary confinement, and goods and letters brought from it (and hence assumed to contain contagious poison) to a process of depuration. The confinement and depuration take place on shipboard, or, as in Malta, Marseilles, and other Mediterranean ports, in isolated establish- ments called lazarettoes. Goods are subjected to quarantine according as they are non-susceptible, a class embracing wood, metals, and fruits ; or susceptible, includ- "ug all animal substances, such as wool, silk, and leather, and many vegetable natters, such as cotton, linen, and paper, — the whole of which are opened up, ventilated, and sometimes fumigated. Every ship is furnished by the sanatory au- thority, at the last port where it touched, with a bill of health, which when clean generally exempts the passengers and goods from quarantine ; but if suspected or foul, subjects them to it for periods, differing according to circumstances, from about 5 to 40 days ; from which last period the term quarantine is derived. The countries upon the Levant are considered as permanently in a state of suspicion ; and no ship sailing from any of them is considered to bring a clean bill. These laws are of little importance, except with reference to the Mediterranean trade. British vessels clearing out from the United Kingdom for any place in the Mediterranean or West Barbary, or any other port subjected to quarantine regu- lations by Orders in Council, are to receive from the Customs Office a printed ab- stract of the existing regulations (6 Geo. IV. c. 78) for their guidance. Vessels from the Mediterranean and West Barbary, with clean bills, are to perform 15 days' quarantine, to which likewise are subjected ships communicating with such vessels, as also those which, though arriving from other ports of Europe or of America (without quarantine establishments), have on board susceptible articles, the produce of Turkey, Egypt, or Barbary. Vessels with foul or suspected bills are to perform 30 days' quarantine ; and if pestilential disease shall appear during that time, the quarantine must commence anew. Ships from the Mediterranean and West Barbary, not having any infectious disorder on board, but without clean bills of health, are to repair to Standgate Creek or Milford Haven. But vessels bound to any port in the United Kingdom, on board of which the plague shall ap- {>ear, are required immediately, if to the S. of Cape St Vincent, to repair to some azaretto of the Mediterranean, and if to the N. of that cape, to Milford Haven. For other vessels liable to quarantine there are various stations throughout the United Kingdom. These regulations form a serious and in most respects an unnecessary burden upon commerce. Plague is now said by many to be an epidemic merely ; and, though the weight of authority is still in favour of its being also contagious, it is established to be so in a mode and degree much less than was formerly supposed. There is no distinct evidence of merchandise having ever acted as a conductor of plague ; and the received distinction between susceptible and non- susceptible com- modities is now held to be fanciful. Great doubts are also entertained as to the capability of the lower animals to communicate the disease. But, provided cir- cumstances be favourable to the transmission of plague, it is still believed that it can be communicated by one person to another, as well as through the medium of the clothes and bedding of patients. The duration of quarantine is besides the subject of deep complaint : the virulence of plague, it is now admitted, must pre- vent its poison from remaining long latent in the human body ; and, according to the most skilful observers at Malta and elsewhere, the disease usually appears from the third to the sixth day after communication ; never after the fifteenth. But popular jealousy, as well as the impracticability of effecting a beneficial change without the consent of all neighbouring countries, are obstacles to any alteration of the existing system. Thus, if without such a general agreement, the British government were to change the regulations at Malta, the pratique granted there would not be received elsewhere, — a circumstance which would be fatal to its transit trade, and also to its importance as a quarantine station, now daily in- creasing from the use of the overland journey to India via Egypt. It is probable, QUA 567 RAI therefore, that no great alteration will ever be effected, except through medical com- missioners, acting under the directions of the chief powers of Europe. QUARTER, a measure of capacity for corn. [Measures.] QUASSIA, an intensely bitter wood, obtained from two trees, the ^. amara of Guiana, and the Q. exce/sa of Jamaica ; though the produce of the former is now rare. It is imported in billets ; but before being used is cut into chips, which are scent- less, ana of a light gray colour, — becoming yellow or brownish, however, by long ex- posure. It is used medicinally as a tonic, and, though forbidden by statute, by some brewers as a substitute for hops. Another variety, the Q. simaruba, yields the tonic bark called simarouba, imported in bales from the West Indies. QUERCITRON BARK, an important yellow dye, the produce of a species of oak (Quercus tinctoria or nigra) indigenous to N. America. QUICKSILVER. [Mercury.] S QUILLS. [Pens.] QUINCE, a yellow-coloured fruit, of an austere acid taste, the produce of a species of pear-tree (Cydonia vulgaris) indigenous to Crete, but common in France, particularly on the Garonne, and also in the S. of England. It is said to be the same with the celebrated apples of the Hesperides. Quince seeds abound in mucilage, and are an article of the materia medica. QUININE, a white powdery vegetable alkaloid, extracted from the yellow Peruvian bark, and for which it is now advantageously substituted as a medicine. QUINTAL, generally signifies the weight of a hundred pounds. R. RABBIT. [Furs.1 RACOON, a small species of bear (Ursus lotor), valued for its fur, which is used in hatmaking. Its hair is gray, soft, long, and thick, white in the middle, and black at the ends ; eyes surrounded with black patches ; tail annulated. It in- habits Jamaica and N. America, especially Kentucky. RAGS (Du. Lompen. Yr.Chiffes,Drapeaux,DriUes. Ger. Lumpen. It. Slracci, Strazze. Por. Farrapos, Trapos. Rus. Trepje. Sp. Trapos, Andrajos), or tat- tered fragments of cloth, are of importance in the arts, more especially when of linen or cotton, for their use in papermaking. The rags of which British paper is made are mostly imported, chiefly from Hamburg, Bremen, Rostock, Ancona, Leghorn, Messina, Palermo, and Trieste. They arrive in our ports in closely packed bags, containing each about 4 cwts. ; which, according to the respective qualities of the rag, are marked S. P. F. F., S. P. F., F. F., F. X., and F. B. There are, however, many varieties even in these divisions. About 10,000 tons are annually entered for home consumption. They are generally darker, dirtier, and coarser than the Eng- lish, but on the other hand are valued from being chiefly linen, while those collected at home are mostly cotton. France, Holland, and Belgium prohibit the exporta- tion of rags, in order to encourage their own long- established paper manufactories : Spain and Portugal likewise enforce a similar prohibition. Of late years, also, the shipments from Sicily have been checked by the imposition of an export duty of 2s. per cwt. ; while those from Leghorn to this country have greatly declined, owing to the competing demand of the Americans. [Paper.] S Woollen rags are commonly used as manure ; but some kinds are unravelled, and, after being mixed up with fresh wool, manufactured again into coarse cloth. RAILWAYS (Fr. Chemins defer), made rudely of pieces of wood imbedded in the ordinary roads, so as to form wheel-tracks for facilitating the motion of carts and wagons, were introduced into the English mining districts in the 17th cen- tury ; in the succeeding century these were gradually superseded by the plate- railway or tram-road ; and edge-rails were introduced in 1801. Shortly after- wards the moveable steam-engine began to be employed instead of animal power for locomotion ; but its powers were long very imperfectly developed ; and railways continued in little use except for the conveyance of mineral produce to the place of shipment. The epoch of the modern railway system is fixed at 1814, when George Stephen- son invented the steam blast, the life-blood of the locomotive engine, and which in- creased its speed from 3 to 6 miles per hour. But the capabilities of a railway for the conveyance of passengers as well as merchandise, though indicated by the Stockton and Darlington Railway, 1825, were not fully established until 1829, shortly before the opening of the Liverpool and Manchester line, when a premium RAI 568 RAI of £500, offered by the directors of this railway for the best steam-locomotive, was, after a keen competition among the most distinguished engineers, awarded to Robert Stephenson, the proprietor of the " Rocket, which, though weighing with tender only 7| tons, drew 44 tons gross at 14 miles per hour. This was mainly effected by tubing the boiler, — an improvement which increased the evaporating power to three times that of the older engines, with 40 per cent, less consumption of fuel. The result was, that, though the principal inducement to establish the railway had been the traffic in goods, this was so far exceeded by the profit from passengers, that the company were enabled to meet great extra charges, and to divide regularly 10 per cent, annually upon their capital, although the outlay on the work was more than double the original estimate. The signal success of this undertaking communicated a prodigious impulse to the railway system, not only in the United Kingdom but on the Continent and in America. In England, the leader in this " iron revolution," lines were speedily projected between all the great towns ; improvements were made in the modes of constructing the road and laying down the rails ; and the evaporating power of the engine was increased by enlarging the boiler and adding to the number of tubes, which, instead of "24 as at first, are now from 90 to 150 and upwards, expos- ing from 400 to 600 square feet of heated metal to the water, in addition to the area of the fire-box. The average speed of the passenger trains is about 30 miles an hour ; but Marshal Soult, when in England, was carried at the rate of 60 miles : and the progress of improvement is such, that no limit can be placed to the rapidity, ease, and cheapness of conveyance by these splendid creations. Formation of Brittsh Railways, Statistics, &c. The British railways for general traffic have been all formed by joint-stock com- panies, acting under the sanction of parliament. Respectable projects commonly emanate from a few individuals interested in the line proposed ; though the mass of original proprietors are almost always speculative adventurers. In carrying out the measure, directors of business-like habits and local influence are appointed, who allot themselves into sub-committees to look after the traffic, the surveying, the share-list, and the canvassing along the line, according to their qualifications. Having ascer- tained that there are no engineering difficulties of a marked character between the two termini, the next stage, if the share-list be found to fill, is to estimate the pro- bable income. This is done by computing the amount of passengers, carriages, and goods passing at particular places on the fine, and calculating the probable increase of this " direct traffic " from the cheapness and quickness of the railway, as well as the " contingent traffic " from other places, whence travellers and goods can be carried more advantageously by the proposed railway than wholly by a direct conveyance. In such computations some assistance may be derived from the pro- gress of other undertakings ; still, great discrimination will be necessary, as tho increase of passengers — the main contributors to a railway — has, according to Mr Lecount, been in all proportions up to 80 to 1. Meanwhile, the engineer will be engaged in the surveying and levelling. And in most cases a practised man will be able at once to decide upon the principal points of the course, as well with reference to the maximum of traffic, as the avoiding of curves, costly purchases, and expensive operations. As a general rule, a per- fectly straight and level line is to be preferred when the termini are of equal eleva- tion, or a uniform slope when one is higher than the other. But as it rarely happens that either of these can be obtained for any great distance without inconvenient and expensive deviations, the engineer so adjusts his inclinations, or gradients, as to make the nearest practicable approach to a level; avoiding loss of engine power from undulations, by making all the inclinations on one side of the summit point rise towards it, and all on the opposite side descend from it. The retarding effect of ele- vations is variously estimated ; but it is a common theory that an elevation of 20 feet requires an exertion of power equal to that on a mile of level railway ; so that the same power which would move a given load over one mile of railway rising 20 feet, or 1 in 264 — the characteristic or ordinary gradient on the South Western, Brighton, South Eastern, and many other lines— would move the same load over two miles of level road ; hence making the " equivalent distance " double the " actual distance." In conducting a railway over a considerable elevation, some engineers distribute the rise and fall as equally as possible throughout the whole line ; others concentrate them in a few steep planes, where additional engines are used, and make the remainder comparatively level. Thus, in the London and Bir- mingham Railway, the ordinary gradient is 1 in 330, or 16 feet per mile, which is RAI 509 RAI nowhere exceeded except in tho extension from Camden Town to Euston Square. But the Liverpool and Manchester Railway, on the main line, has no gradient ex- ceeding 1 in 849, except in two planes of about 1^ mile each, inclining 1 in 89 aud 1 in 9(», near Rainhill ; nor has the Great Western, in a length of 117^ miles, a steeper gradient than 6^ feet per mile, or 1 in 812, except two inclined planes of 1 in 100 ; and on the Edinburgh and Glasgow line, the steepest is 1 in 880, with the exception of the inclined plane on approaching the latter city. Similarity in the gradients is essential to the economical working of a railway by inanimate power. If any inclination occur so steep that the ordinary power cannot ascend it by a reduction of speed, it must either be surmounted by the aid of auxiliary power, or the engine must run over other parts of the road with less than a maximum load, and consequently at an unnecessary expense. While the engineer is engaged, the solicitor will have been feeling his way amongst the landholders and occupiers, so that refractory proprietors may if possible be avoided ; and after a time he, the engineer, secretary, and directors, will throw all their information into one stock, and select that line which on the whole appears to be the best with reference to its gradients, geology, commercial importance, and the facilities it affords for constructing the works. These and all other preliminary matters require the greatest consideration, from the difficulty, delay, and expense of obtaining acts of parliament for railways, more especially und'er the present standing orders, which require the plans to be deposited with the Clerks of the Peace by March 1, and in the Private Bill-Office by April 1, in the year preceding that in which the application to parliament is made,— thus allowing a whole year (instead of 6 months as before 1837) for interested parties to consider the scheme, and prepare for opposing or advocating it. A general account of the existing regu- lations will be found under Company. Besides other powers, the Railway Act usually grants authority to borrow an additional sum, equal to one-third of the share-capital, if necessary. The act being obtained, the land required is set out and purchased. Where ex- orbitant compensation is required, recourse is had to a jury, who commonly award a sum much less than that claimed. The excavations, embankments, tunnelling, and masonry for bridges, viaducts, and other erections, are then let to contractors ; arranging if possible so that each will be enabled to use all his excavations in his embankments. The " formation level " being thus completed, is spread over with a stratum of broken stone or " ballast," on which firm dry foundation are placed the blocks or sleepers to which the rails are fastened ; and the intervening spaces are afterwards filled up with the same material. The ordinary standard width of the rail-tracks, both in Britain and the United States, is 4 feet 8^ inches ; but a few in this country are nearly 6 feet ; and the gauge of the Great Western was fixed by Mr Brunei at 7 feet, in order to allow scope for improvements in power, speed, stability, and convenience ; but this is generally considered to be beyond the most advantageous width. The distance between the tracks is of inferior consequence. The expense of constructing English railways, all with double tracks, has varied under different circumstances from £10,000 to £50,000 per mile. The annual charges are also extremely variable, — railway expenses being indeed as yet but imperfectly understood. But the experience of several undertakings in this country and in Belgium coincide pretty closely in showing the average proportion of the annual receipts to the annual expenditure to be nearly as 2 to 1. It will be seen from the subjoined table, that in general long lines have been the most profitable. In the United Kingdom about 3000 miles of railway have been sanctioned by acts of parliament ; upwards of two-thirds of which are intended for the convey- ance of passengers and goods by steam-power ; and of these last nearly 1300 miles are in operation. The amount of capital invested in these undertakings may be stated at from £60,000,000 to £70,000,000. In the United States about 3500 miles were in operation in 1840; and the ave- rage expense of their formation was only about £5000 per mile, arising partly from the cheapness of land aud timber, and partly from their being in great part only single tracks, and in other respects of inferior construction. Comprehensive rail- way systems have been formed by the governments of Belgium and France. Im- portant lines are also in progress in Germany, Austria, and Italy. And they have been introduced into Russia, Canada, Cuba, Egypt, and other parts, — the engineers being frequently, and the rails and locomotives generally, from England. RAI 570 RAP The following table shows the amount expended on the principal Railways in the United Kingdom, their weekly receipts, and other particulars, as in Sept. 1842 :— Year Opened, Length Amount Expended. Paid per Share. Price of Share. Divi- dend per Cent. Weekly Receipts. 1839 1839 1840 1839 1840 1834 1840 1840 1842 1840 1841 1837 1841 1840 1840 1840 1830 1838 1840 1840 1839 1838 1840 1840 1838 1841 1840 1839 1839 1840 1838 1840 1840 1841 1839 1840 15 48J 55 25 144 6 168 174 46 4'i 221 83J 45 181* 18 31 201 31 112J 33 56 104 38 928 31 10 50 57 61 7 728 22 324 19 7 47 30 24 27 £ 136,705 1,113,481 1,438,370 434,824 456,663 340,262 143,552 2,104,054 1,383,077 930,435 709,116 2,280,590 1,201,670 6,435,671 125,000 634,994 435,399 1,515,255 5,867,504 1,141,538 2,473,379 618,748 966,239 2,565,531 1,762,931 777,956 2,913,110 1,679,959 232,077 3,297,704 612,829 758,653 317,695 404,656 1,075,468 539,723 314,302 631,941 £ 25 100 100 50 50 100 25 23 50 50 25 100 100 65 100 50 47 100 90 16§ 50 138 128 m 40 93 70 100 100 45 100 75 45 50 82J 50 100 25 50 £ 22 40 40 20 18 81 48 34 18 55 82* 182 183 7 34 m 48 58 204 61 57 21| 90 £ Si H 41 2 5 5 2 5 31 1 10 24 6 3 3 10 10 2 # 3 6 6 2 6§ 44 4 P 10 £ 194 1,570 2,121 812 626 1,034 274 1,170 1,998 1,134 922 7,887 1,433 14,661 175 1,100 4,582 18,062 927 4,499 343 739 7,133 2,647 561 5,121 3,206 1,695 376 5,705 1,346 1,300 331 302 1,518 554 386 1,845 2 Birmingham and Derby Junction.. . . 3 Birmingham and Gloucester 11 Glasgow, Paisley, and Greenock 13 Great North of England 15 Hayle 16 Hull and Selby 24 London and South-Western 25 Manchester and Birmingham 26 Manchester and Bolton. 29 Newcastle and Carlisle 30 Newcastle and North Shields 31 North Midland 32 North Union 35 Sheffield and Manchester 37 Taff Vale 38 Ulster 39 York and North Midland A duty of £d. per mile per passenger was formerly exacted on British railways ; but, since August 1842, it has been levied at the rate of 5 per cent, on the gross receipts from this source (5 & 6 Vict. c. 79). The Board of Trade is vested with a controlling power over these works by the acts 3 & 4 Vict. c. 97, and 5 & G Vict. c. 55, which likewise contain numerous regulations for their management. Further information on the subject of this article will be found in the " Practical Treatises " of Mr Wood and Lieutenant Lecount. S RAISINS (Fr. Raisins sees ou passes. Ger. Rosinen. It. Uve passe. Por. Passas. Rus. Issum. Sp. Pasas\ dried grapes. They are distinguished by the places where produced or exported, — as Malaga, Valencia, and Smyrna ; or from the variety of grape or mode of preparation, — as muscatels, blooms, sultanas, lexias, and raisins of the sun. The latter are dried by solar heat alone ; inferior kinds are dried in ovens ; but the most common way is to dip the grapes in a hot lixivium of water and wood ashes (those of the vine branches or tendrils being preferred) and a little olive-oil ? and afterwards expose them to the sun. In the ley used for the Valen- cia lexias, a little slacked lime is also used. The finest in quality are the Malaga muscatels ; the lowest the black Smyrna raisins. About 200,000 cwts. are an- nually entered for home consumption in the United Kingdom ; of which about fths are imported from Spain, and |th from Turkey,— the latter being shipped entirely at Chesme" and Vourla, near Smyrna, except the sultanas, a small fine species ex- ported from Smyrna itself. S The drum of raisins is about 24 lbs. The cask of Malaga, 1 cwt. ; of Turkey, 24 cwts. The box of Malaga, 22 lbs. ; of Valencia, 56 lbs. RAPESEED (Dan. Roefr'6. Fr. Graine denavette. Ger. Rapsaat) is the pro- duce of a hardy biennial plant of the cabbage tribe (Brassica napus), extensively RAS 571 REC cultivated on the Continent. It is chiefly valued for the oil which is extracted from it by grinding and pressure ; and from 600,000 to 1,000,000 bushels are annually im- ported for consumption in the United Kingdom — principally from Denmark, though to some extent also from Germany and Russia. [Oil.] In Essex, Lincoln, and Cambridge, rape is reared for its stems and leaves, which are used in feeding sheep. Rapeseed Cake is employed, like linseed cake, on the Continent to feed cattle and pigs ; considerable quantities of it are likewise brought to this country to be used as manure. S RASPBERRY, the fruit of the Rubus Id&us, a native of Britain and other parts of Europe, extensively used by the cook and the confectioner, also in the preparation of cordial spiritous liquors. RATAFIA, a spiritous compound of fruit kernels, spices, and brandy. RATTANS, or CANES, are gigantic reeds, the produce of different species of palms (Calamus ratang, &c), principally found on the Malay peninsula and archi- pelago, where they grow in the forests, climbing over trees to a greater extent than any other known plants. They are to be chosen long, well glazed, of a bright yellow colour, of a small size, and not brittle. They are generally sold in bundles, each containing 100. About 10,000.000 rattans aro annually imported Lito this country, where they are chiefly valued for the hard coating of their stems, which are split into strips, and manufactured into chair-bottoms and similar articles. REAL, a Spanish coin in vellon = 2£d. ; also a money of account = 4|d. REALGAR, a red sulphuret of arsenic ; brittle, inodorous, tasteless, and insol- uble in water. Sp. gr. 3"34. It is found in Bohemia and Saxony, and is used as a colouring substance, as well as in pyrotechnical compounds. RE- ASSURANCE, a contract by which an insurer is protected by other under- writers against the risks he has undertaken. REBATE or RABAT, a per centage deduction from a stipulated price. RECEIPT or ACQUITTANCE, a document acknowledging that he who signs it has received a sum of money or any other subject of claim, and releasing the party to whom the acquittance is granted. A receipt for money is strong evidence of its having been paid, but is not incontrovertibly conclusive ; leaving it open to proof by the granter that the money has not been received, or that he granted the re- ceipt under misrepresentation. In England, an indorsement on a deed, of a re- ceipt of a sum of money, is not conclusive, the deed itself in its contents not stating such receipt : and it may be shown that in fact the money was not paid. The in- dorsement, not being under seal, cannot amount to an estoppel, but can only be evidence for the jury, capable of being rebutted by other circumstances in the case (Philips on Evidence, 388-9). A general receipt or acquittance, " in full of all demands," is held in England to discharge all debts, except such as are on specialty, as bonds, bills, &c, which can only be met by some specialty of equal force, such as a general release. Receipts must be duly stamped, otherwise, by 23 Geo. III. c. 49, § 14, they cannot be received in evidence ; and by 35 Geo. III. c. 55, § 8, all and every person or persons who shall write or sign, or cause to be written or signed, any receipt, &c, not duly stamped, forfeits £10, in case the sum discharged does not amount to £100 ; and £20, in case it amount to £100 and upwards. By § 9, any person stating a false sum in the receipt, dividing the sum into small por- tions, or otherwise attempting evasion, is liable in a penalty of £50. By § 11, if a receipt is brought to the Commissioners of Stamps, within fourteen days after its date or issue, it may be stamped on payment of £5 over and above the duty ; if beyond fourteen days, and within one calendar month, on payment of £10 over and above the duty. By § 10, the commissioners are prohibited from stamping receipts otherwise than on these terms. By 43 Geo. III. c. 126, § 5, any person who has paid a sum of money which requires a receipt-stamp, may produce the proper stamped paper, and may require the receiver to grant a receipt on it, and pay the stamp-duty, which, if he refuse, he renders himself liable in a penalty of £10. By 55 Geo. III. c. 184 (schedule), a receipt, which bears to be " in full of all demands," is liable, whatever be the amount of the transactions settled, to a duty of 10s. A receipt is available, if stamped with a higher rate of duty than that assigned to it (43 Geo. III. c. 126, § 6). By 35 Geo. III. c. 55, § 7, " every memo- randum or writing whatever, given to any person or persons for or upon the pay- ment of money, which shall contain or express, or in any manner signify or denote any acknowledgment of any part of any debt, claim, account, or demand being paid, settled, received, accounted for, balanced, discharged, released, or satisfied, whether the same shall or shall not be satisfied by or with the name or names of the person or persons by or on whose behalf the same shall be given, is liable to stamp. ' An REE 572 REG acknowledgment of having received the acceptance of a bill of exchange in payment requires a receipt-stamp. But the expressions " Mr T. has left in my hands," and " I have received a bill, &c, to recover," &c, not being given for or upon the pay- ment of money, are held not to require stamps (Langdon v. Wilson, 2 Man. % B., 10). A receipt for a given sum requires only a stamp to meet that amount, though it make mention of other sums. A written acknowledgment at the foot of an ac- count, that such account " is correct," may be given in evidence without being stamped. In 1853, by 16 & 17 Vict. c. 59, a uniform duty of Id. was imposed on all receipts, and a like duty on drafts or orders payable to bearer on demand. RE-EXCHANGE, the price of a new exchange due on a protested bill. REGISTRATION— CLAUSE OF, in the law of Scotland, is a form of clause applicable to obligatory deeds, authorizing them to be recorded in the books of a court having jurisdiction to put the deed in force. When the deed is so registered in terms of the clause, it may be enforced as if it were a decree of the court. REGISTRY OF SHIPS. Before a ship is ready for sea, the property of it is in the same situation as that of any other moveable ; but whenever it becomes fitted for its proper purpose, all rights connected with it are, by a law extending over the whole of the British dominions, held under a system of custom-house regis- tration ; a compliance with the provisions of which is besides necessary to entitle a vessel to the privileges of a British ship under the navigation laws. The registry of ships was introduced into this country by the Navigation Act of 1660. [Navi- gation Laws.] It was afterwards the subject of various acts ; and at length the whole were consolidated and reduced to a system. The existing regulations are embodied in a statute passed in 1833, of which the following is a very full abstract : — Abridgment of an Act for the Registering of British Vessels, viz. 3 & 4 Wm. IV. c. 55, with the Alterations of the Act 1 & 2 Vict. c. 113. governor, or commander-in-chief of any place abroad where vessels may be registered. § 4. Vessels not duly registered, and not hav- ing obtained certificate, exercising any of the privileges of a British ship, are liable to for- feiture. § 5. No ship can be duly registered by virtue of this act, except such as are wholly of the build of the United Kingdom, or of the Isle of Man, or of Guernsey or Jersey, or of some of the colo- nies, plantations, or territories in Asia, Africa, or America, or of Malta, Gibraltar, or Heligo- land, or such as may have been condemned as prizes, or for breach of the laws for theprevention of the slave-trade, and which wholly belong to British subjects. § 6. Mediterranean Pass (now in disuse) may be issued at Gibraltar and Malta for certain ships belonging to these places. § 7. No vessel can retain the privileges of a British ship after having been repaired in a foreign country, if the repairs exceed the sum of 20s. for every ton of the burden, unless they have been necessary by reason of extraordi- nary damage sustained during absence from the British dominions, to enable her to perform her voyage, and to return to some place in the said dominions ; and whenever any vessel so re- paired in a foreign country arrives at any port in the British dominions as a British-registered ship or vessel, the master or other person having the charge must, upon the first entry, report to the collector and comptroller that the vessel has been so repaired, under penalty of 20s. per ton ; and if it be proved to the satisfaction of the Com- missioners of the Customs that such vessel was seaworthy at the time when she last departed from any place in the British dominions, and that no greater repairs have been done than were necessary, they may, upon full consideration of cir- cumstances, direct the collector and comptroller to certify on the certificate that it has been proved to the satisfaction of the commissioners that the privileges have not been forfeited, notwithstand- ing the repairs. § 8. Any registered vessel, declared to be stranded or unsea worthy, and incapable of being recovered or repaired to the advantage of the § 1. Act 6 Geo. IV. c. 110, and succeeding acts consolidated. Certificate and General Repulatioyis, § 2. No vessel is entitled to any of the privileges of a British-registered ship, unless it have been registered in virtue of the act 4 Geo. IV. c. 41, or the act 6 Geo. IV. c. 110, or be regis- tered in terms of this act, and a certificate of registry be obtained in the statutory form. § 3. The following are the persons authorized to make registry and grant certificates for vessels in their respective places : — The collector and comp- troller of the customs in any port in the United Kingdom, and in the Isle of Man, respectively : The principal officers of the customs in Guern- sey or Jersey, together with the governor, lieu- tenant-governor, or commander-in-chief of those islands, respectively : The collector and comptrol- ler of any port in the British possessions in Asia, Africa, and America, or the collector where there is no comptroller : The collector of duties at any port in the territories under the government of the East India Company, within the limits of their charter, or any other person of the rank in their service of senior merchant, or of six years' standing in their service, appointed to act in execution of the act : The collector at any Bri- tish possession within the said limits, together with the governor, lieutenant-governor, or com- mander-in-chief: The governor, lieutenant- governor, or commander-in-chief of Malta, Gib- raltar, Heligoland, and Cape of Good Hope, re- spectively [repealed as to Cape of Good Hope, a collector having been appointed, 1 & 2 Vict. c. 113, § 15]. No vessel can be registered at Heli- goland, except it be wholly of the build of that place ; and vessels, after having been registered at Malta, Gibraltar, or Heligoland, cannot be registered elsewhere. Vessels registered at Malta, Gibraltar, or Heligoland, are not entitled to the privileges of British ships in any trade between the United Kingdom and any of the British possessions in America. Wherever the act makes provision as to collectors and comptrollers of the customs, the provisions extend to all the above-named officials in their respective circum- ttyiom ; and all provisions as to commissioners of the customs apply to the governor, lieutenant- REG 573 REG owners, and for such reasons sold by order of a court for the benefit of the owners or others, is deemed a vessel lost or broken up within the meaning of the act, and can never again be en- titled to the privileges of a British-built ship. § 9. No British ship becoming prize to an enemy or sold to foreigners can again be entitled to the privileges. § 10. No registry can be made in any other port or place than "that to which such vessel be- longs (except of vessels condemned as prizes in Guernsey, Jersey, or Man, which must be re- gistered as pointed out below) ; and any registry made contrary to these provisions is null, unless the proper officers be specially authorized to make such registry in any other port by order of the commissioners. At every port of registry a book must be kept by the collector and comptrol- ler, in which all the* particulars contained in the form of the certificate must be entered ; and every registry must be numbered in progression, beginning at the commencement of each year ; and the collector and comptroller must, within one month, transmit to the commissioners a true copy, with the number of certificates granted. I 11. Every vessel is deemed to belong to some port at or near which some, or one, of the owners, who make and subscribe the declaration required before registry, resides, and when such owner or owners transfer all his or their shares, the ves- sel must be registered de novo before sailing from the port to which she then belongs, or from any other port in the same part of the United King- dom, or the same colony, plantation, island, or territory ; but if the owner or owners cannot in sufficient time comply with these requisites, so that registry may be made before it be necessary to sail, the collector and comptroller of the port where the vessel may then be, may certify upon the back of the existing certificate, that the same is to remain in force for the voyage. In the case of a vessel built in any of the foreign possessions of the crown for owners residing in the United Kingdom, if the master or the agent for the owners produce to the collector and comptroller of the port at or near to which the vessel was built, the certificate of the builder required by the act, and subscribe a declaration of the names and descriptions of the principal owners, bearing that she is the identical vessel mentioned in such cer- tificate, and that no foreigner, to the best of his knowledge and belief, his auy interest therein, the collector and comptroller shall cause the ves- sel to be surveyed and measured, and give the master a certificate under their hands and seals, stating when, where, and by whom the vessel v.us built, the description, tonnage, &c, which ate has the force of a certificate of registry for two years, unless the ship sooner arrive in the United Kingdom. $ 12. No person who has taken the oath of al- e to a foreign state, except under the terms of some capitulation, unless he afterwards become a denizen or naturalized subject of the United Kingdom, nor any person usually residing in any country not under the dominion of the British crown, unless he be a member of some British factory, or agent for or partner in any house or copartnership actually carrying on trade in Great Britain or Ireland, is entitled to be the owner, in whole or in part, directly or indirectly, of any vessel registered by virtue of this act. On-ner'g Declaration, § 1& Before registry and certificate, a declaration, describing the ship, owners, and master, and that no part of the ves- sel belongs to foreigners, must be made and subscribed (according to a form given in the act) before the proper officer— by the owner, if sel is owned by one person; or in case there be two joint-owners, by both, if both be resident within twenty miles of the placewhere the registry is required, or by one if one or both be resident at a greater distance ; or if the number exceed two, then bythe greater part of the number if the greater number reside within twenty miles ; but the num- ber is not in any case to exceed three, unless a greater numberbe desirous to join in subscribing the declaration, and one is sufficient if all, or all except one, be resident at a greater distance than twenty miles. § 1 4. In case the required number of owners do not personally attend to subscribe the declaration, such as personally attend must further declare that the part-owners then absent are not resident within twenty miles of the place, and have not, to the best of their knowledge or belief, wilfully absented themselves to avoid making the declara- tion, or are prevented by illness from attending. Survey and Measurement, § 15. To enable a proper certificate to be granted, it is provided that, previous to the registering, some one or more persons appointed bythe commissioners are to go on board , and strictly and accuratelyexamine and admeasure the vessel as to every particular contained in the form of the certificate, in the presence of the master, or any other person ap- pointed on the part of the owners, or in their absence by the master ; and they must deliver a true account in writing of all such particulars of the build, description, and admeasurement, as are specified in the form of the certificate, to the collector and comptroller ; and the person attend- ing on the part of the owners is required to sign his name to the certificate, in testimony of its truth, if he agree with the particulars thereof. §§ 16, 17, and 18, containing provisions for measurement, are repealed by 5 <& 6 Wm. IV. c 56 ; for which see Tonnage. § 19. Whenever the tonnage is ascertained ac- cording to the prescribed rules (except in the case of vessels admeasured afloat), the same is ever after deemed the tonnage, and must be re- peated in every registry, unless any alteration be made in the form and burden, or it be discovered that the tonnage had been erroneously taken. Bond, § 20. At the obtaining of the certificate, security by bond must be given ( by the master and such of the owners as personally attend, as above) to the satisfaction of the registering officers, in the penalties following, viz. If the vessel be decked or be above the burden of 15 and not exceeding 50 tons, in £100 ; if exceeding 50 and not exceeding 100 tons, in £300 ; if exceeding 100 and not ex- ceeding 200 tons, in £500 ; if exceeding 200 and not exceeding 300 tons, in £800 ; and if exceeding 300 tons, then in the penalty of £1000. The conditions of every such bond are as follows : — that the certificate shall not be sold, lent, or otherwise disposed of to any person, but shall be solely made use of for the service of the ves- sel for which it is granted ; and that in case she be lost, taken, burnt, or broken up, or other- wise prevented from returning to the port to which she belongs, or shall on any account have lost her privileges, or shall have been seized and condemned for illicit trading, or shall have been taken in execution for debt and sold by process of law, or shall have been sold to the crown, or shall under any circumstances have been regis- tered de novo, the certificate, if preserved, shall be delivered up, within one month after the ar- rival of the master in any place in the British do- minions, to the collector and comptroller of some port in Great Britain, or of the Isle of Man, or of the British plantations, or to the governor, lieutenant-governor, or commander-in-chief for the time being of Guernsey or Jersey ; and that if any foreigner, orany personfor the use and bene- fit of a foreigner, purchase or otherwise become entitled to any interest in the vessel, and the same shall be within the limits of any port of the British dominions, as above, the certificate shall, REG r>74 REG within seven days after the transfer, be delivered up to the persons authorized to make registry and grant certificate of registry at the place ; and that if the vessel be in any foreign port when such transfer takes place, the certificate shall be delivered to the nearest British consul or other chief British officer, or that if the vessel be at sea when such transfer takes place, the certificate shall be delivered to the nearest British consul or other chief British officer at the first foreign port at which he arrives, immediately on arrival, or, if he arrive at any port of the British domin- ions, to the proper officer, within fourteen days after arrival. If it happen that at the time of registry the vessel be at any other port than that to which she belongs, so that the master cannot attend to join with the owners in the bond, he may give a separate bond at the port where the vessel may then be, to be transmitted to the port of registration. § 21. When the master is changed, the master or owner must deliver the certificate to the proper officers, at the port where the change takes place, who indorse a memorandum of the change, and give notice to the proper officer of the place of registration, who makes a memor- andum in the book of registers, and gives notice thereof to the commissioners. The new master must give bond as above, before his name is in- dorsed. § 22. The bonds are liable to the same stamp as bonds given for the duties of customs. § 23. Any person detaining the certificate con- trary to the conditions of the bond, is liable to the penalties in the bond. Name of Vessel, § 24. No name can be given to a vessel other than that by which she was first registered ; and before a vessel, after registry, be- gins to take in any cargo, the name, as registered, and her port, must be painted, in white or yellow letters, of a length of not less than four inches, upon a black ground, on some conspicuous part of the stern, in a distinct and legible manner, and must be so kept and preserved ; and if the owner or master, or other person in charge, permit the vessel to begin to take in any cargo before the name has been so painted, or wilfully alter, erase, obliterate, or conceal, or permit the same to be done (unless in the case of square- rigged vessels in time of war), or in any docu- ment describe such vessel by any other than the registered name, or describe, or permit the vessel to be described, by any other name to any re- venue officer, he forfeits £100. Builder's Certificate, § 25. Every person ap- plying for a certificate is required to produce a full account, under the baud of the builder, of the proper denomination, and of the time when and the place where the vessel was built, and an exact account of the tonnage, together with the name of the first purchaser (which account the builder is required to give under his hand on demand), and to subscribe a declaration that the vessel for which the certificate is required is the same with that described by the builder. [By l & 2 Vict. c. 113, § 11, where the builder cannot be found, the commissioners may take any other satisfactory evidence.] Lost Certificate, § 26. If the certificate be lost or mislaid, and proof thereof be made to the satisfaction of the commissioners, they may per- mit the vessel to be registered de novo, and a certificate to be granted ; provided that, if the vessel be far distant from the port to which she belongs, or from the absence of the owners, or any other impediment, registry cannot be made in sufficient time, the commissioners may grant a license for present use, which, for the time and to the extent specified, will be of the same force as a certificate. Before registry de novo is made, the owners and master must give bond to the commissioners in such sum as they may require, that if the certificate be afterwards found, it shall be delivered to the proper officers, and that no illegal use has been or shall be made thereof with his or their privity. Before such license is granted, the master must subscribe a declaration that the vessel has been registered, naming the port and the time, and all the particulars in the certificate, to the best of his knowledge and be- lief, and must give such bond and with the same condition as is before mentioned. Before a li- cense is granted, the vessel must be surveyed ; and the certificate of survey must be preserved by the collector and comptroller of the port to which she belongs ; and in virtue of it the commission- ers may permit the vessel to be registered after her departure, whenever the owners personally attend to subscribe the declaration, and comply with the other requisites of the act, except so far as relates to the bond by the master. The certificate of registry may then be transmitted to the collector and comptroller of any other port, to be given to the master on his giving bond and delivering up the license. Detaining Certificate, § 27. When a person keeps a ship's certificate in his possession con- trary to this act, and refuses to deliver it up to the proper officers of the customs, or the master or owners, complaint may be made on oath to any justice residing near the place in Great Britain or Ireland, or to any member of the supreme court of justice or any justice of the peace in any of the possessions abroad, who must grant warrant to cause the person complained against to be brought before him ; and if it appear, on examination or otherwise, that the certificate is not lost or mislaid, but is wilfully detained, such person shall forfeit £100, and on failure of payment must be committed for not less than three nor more than twelve months. On the magistrate certifying the con- viction, registry and certificate may be granted of new, there being indorsed on the latter the ground upon which the ship or vessel was so re- gistered de novo. If the person detaining the certificate have absconded, and proof thereof be made to the satisfaction of the commissioners, they may permit the vessel to be registered de novo, or in their discretion to grant a license as above. Alteration on Ship, § 28. If any ship, regis- tered pursuant to the act, be altered so as not to correspond with all the particulars in the certi- ficate, she must be registered de novo, as soon as she returns to the port to which she belongs, or to any other port in the same part of the United Kingdom, or in the same colony, planta- tion, island, or territory ; on failure, the vessel to be, to all intents and purposes, considered as not duly registered. Condemned Vessels, § 29. The owners of ves- sels condemned as lawful prize in any court of admiralty, or condemned for breach of the laws for the prevention of the slave-trade, must, for the purpose of registering, produce to the collec- tor and comptroller a certificate of condemnation , and a true account in writing of all the particu- lars contained in the certificate, as above set forth, to be made and subscribed by skilful per- sons appointed by the court to survey the vessel, and must subscribe a declaration before the col- lector and comptroller, that the vessel is the same which is mentioned in the certificate of the judge. § 30. Condemned vessels cannot be registered in Guernsey, Jersey, or Man, and must be regis- tered at Southampton, Weymouth, Exeter, Ply- mouth, Falmouth, Liverpool, or Whitehaven. Transfers and Shares, § 31. As between Bri- tish subjects, property in registered ships can only be transferred by bill of sale or other instru- ment in writing, containing a recital of the cer- REG o/o REG tificate, or the principal contents thereof, and a transfer of any other kind is not valid or effec- tual for any purpose whatever ; but no bill of sale is deemed void by reason of any error in the recital, or by the recital of any former certificate instead of the existingone, provided the identity of the vessel be effectually proved thereby. § 32. The property in every vessel, of which there are more owners than one, is considered as divided into 64 shares, and the proportion held by each must be described as being a certain number of 64th parts or shares ; and no person is entitled to be registered as an owner in respect of any proportion which is not a 64th part or share ; and, upon the first registry of any vessel, the owners subscribing the declaration before regis- try must declare the number of shares held by each, and the same shall be so registered accord- ingly. If it at any time happen that the property of any owner cannot be reduced into any number of 64th shares, the owners of fractional parts may transfer them one to another, or jointly to any new owner, by memorandum upon their respec- tive bills of sale, or by fresh bill of sale, without such transfer being liable to stamp-duty. The right of any owner to any fractional part is not to be affected by reason of it not having been registered. Any number of owners, named and described in the registry, being partners in any trading-house, may hold any vessel, or any share or shares of any vessel, in the name of the co- partnership,asjoint-owners,without distinguish- ing the proportionate interest of each ; and the property so held is in every respect partnership property. § 33. No more than thirty-two persons are en- titled to be owners at the same time of any ves- sel, as tenants in common, or to be registered as such ; but this does not affect the equitable title of minors, heirs, legatees, creditors, or others, exceeding that number, duly represented by or holding from any of the persons within the said number, registered as legal owners ; and if it be proved to the satisfaction of the commis- sioners that any number of persons have asso- ciated themselves as a joint-stock company, for the purpose of owning as joint-property, and that they have appointed any number, not less than three, of their members to be trustees of such property, the trustees, or any three of them, with permission of the commissioners, may subscribe the declaration before registry, instead of the names and descriptions of the other owners, stating those of the company. § 34. No bill of sale or other instrument is effectual to affect any vessel, until produced to the collector and comptroller of the port of regis- try, or of any other port at which she is about to be registered de novo, nor until they have en- tered in the book of the last registry, in the one case, or in the book of registry de novo, after all the requisites for such registry de novo shall have been duly complied with, in the other case, the name, residence, and description of the vender or mortgager, the number of shares transferred, the name, residence, and description of the purchaser or mortgagee, and the date of the document, and of the production of it ; and further, if the vessel is not about to be registered de novo, the collec- tor and comptroller of the port of registry must indorse the particulars on the certificate when produced to them in the following form, viz. : — " Custom-house [port and date; name, resi- dence, and description of vender or mortgager] has transferred by [bill of sale or other instru- ment] dated [date, number of shares] to [name, residence, and description of purchaser or mort- gagee.] A B, Collector. CD, Comptroller." If desired so to do, and if the instrument be pro- duced for that purpose, the collector and comp- tr oiler must certify, by indorsement thereon, that the particulars have been entered and in- dorsed as above. § 35. So soon as the particulars are entered in the registry, the property is transferred as against all persons, and to all intents and purposes, ex- cept such subsequent purchasers and mortgagees as first procure the indorsement to be made upon the certificate in manner after mentioned. § 36. After the particulars have been so en- tered , t h e collector and comptroller shall not enter the particulars of any other transfer by the same vender or mortgager of the same vessel or share, to any other person, unless thirty days elapse from the former entry ; or in case the vessel was absent from her port at the time of the former en- try, unless thirty days have elapsed from the day of her arrival at her port. In case the particulars of two or more bills of sale, &c, have been en- tered, a similar period must follow the last entry, or the arrival, before another entry; and in every case where there at any time happen to be two or more transfers by the same owner of the same property in any vessel entered, the collector and comptroller must indorse upon the certificate the particulars of that bill of sale, &c, under which the person claims who shall produce the certi- ficate for that purpose within thirty days after the entry of his bill of sale, or within thirty days after the return of the vessel to her port, in case of her absence ; and in case no person produces the certificate within the period, the collector and comptroller must indorse to such person as may first produce the certificate for that purpose, it being the intent of the act that the several pur- chasers and mortgagees have priority, not ac- cording to the entries of the bills of sale, &c, but according to the time of the indorsement on the certificate. Provided that, if the certificate be lost, mislaid, or detained, so that the indorse- ment cannot in due time be made, and proof thereof be made by the purchaser or mortgagee, or his known agent, to the satisfaction of the commissioners, they may grant such further time as may appear necessary for its recovery, or for registry de novo, and thereupon make a memo- randum in the book of registers of the further time so granted, and during such time no other bill of sale shall be entered for the transfer of the same vessel, or the same share, or for giving the same security. § 37. If the certificate of registry be produced to the collector and comptroller of any port where the vessel may be, together with a bill of sale, containing a notification of record, by the col- lector and comptroller of the port to which the vessel belongs, they may indorse on it the trans- fer in the bill, and the collector and comptroller of the port to which the vessel belongs, receiving notice, shall record the same, inserting the name of the port at which the indorsement was made. But the collector and comptroller so applied to must first give notice to those of the port to which the vessel belongs, who must give them in- formation, whether any and what other bills of sale have been recorded ; and the collector and comptroller, on receiving such information, pro- ceed as they would do if the port were that to which the vessel belongs. § 38. If it become necessary to register any vessel de novo, and any share have been sold since she was last registered, without the transfer being recorded and indorsed, the bill of sale must be produced to the collector and comptroller, who are to make registry, otherwise the sale can- not be noticed in such registry de novo; but, upon the future production of the bill of sale, and the existing certificate, the transfer may be recorded and indorsed as well after registry de novo as before. REG 576 REV § 39. If upon any change of property in a vessel tlie owners desire to have her registered de novo, although not required by the act, and the proper number attend at the custom-house at the port to which she belongs, the collector and comptrol- ler may make such registry, and grant certificate under the above regulations. § 40. Every collector and comptroller is bound, upon reasonable request byanyperson or persons, to produce for inspection any oath, the declara- tion, or register, required by the act relative to anyvessel, and permit extracts to be taken, which, on being verified, are evidence in courts of justice, without requiring production of the originals or the attendance of officials. § 41. If the property in a vessel, belonging to any person out of the kingdom, be sold in his absence by his known agent or correspondent, under his directions expressed or implied, and acting for his interest, the agent executing a bill of sale, without having received a legal power to do so, the commissioners, upon ap- plication made to them r and proof of the fair dealings of the parties, may permit the transfer to be registered, or to be recorded and indorsed, as the case may be, as if legal power had been produced ; and if it happen that a bill of sale cannot be produced, or, by reason of distance of time, or the absence or death of par- ties, it cannot be proved that a bill of sale had been executed, and registry de novo shall have become necessary, the commissioners, upon proof of the fair dealings of the parties, may permit the vessel to be registered de novo, as if a bill of sale had been produced. In any of these cases, however, sufficient security must be given to produce a legal power or bill of sale within a reasonable time, or to abide the future claims of the absent owner and his representatives, and at the future request of the party whose property has been so transferred, the bond must be avail- able for the protection of his interest, in ad- dition to any right which he may have against the vessel or the parties. § 42. When any transfer is made only as a se- curity, either by way of mortgage or of assign- ment to trustees for the purpose of sale for pay- ment of a debt, the collector and comptroller bf the port of registry must, in the entry, and in the indorsement on the certificate, express that mortgage, and the holders are not to be deemed to be the owners, nor the persons making the transfer to be deemed to ha ve ceased to be owners, any more than if no such transfer had been made, except so far as may be necessary for the purpose of rendering the property available by sale or otherwise for the payment of the debt. § 43. When any transfer in security has been duly registered according to the provisions of the act, the interest of the mortgagee or other as- signee cannot be affected by any act of bank- ruptcy committed by the mortgager or assigner, after the time of registration, notwithstanding such mortgager or assigner, at the time of be- coming bankrupt, has the vessel or share in his possession, and is reputed owner. §44. Every governor, lieutenant-governor, or commander-in-chief of any of the British posses- sions abroad, is required, if a suit be com- menced in any court where he governs, touching the force and effect of any register, upon repre- sentation, to cause all proceedings to be stayed, if ho shall see just cause so to do, until the de- cision of the king in council be known and certi- fied to him ; and such governor is required to transmit to one of the secretaries of state an authenticated copy of the proceedings, with his reasons for causing them to be stayed, and such documents (properiy verified) as he may judge necessary for the information of his majesty. § 45. Persons making declarations, or coun- terfeiting, erasing, altering, or falsifying any writings required by the act, or wilfully using falsified documents, or wilfully granting any cer- tificate or other instrument, knowing it to be false, forfeit £100. § 4G. Penalties and Forfeitures are recovered and disposed of in the same manner as those in- curred by the Custom-House Regulations. [By 1 & 2 Vict. c. 113, § 12-14, if a British vessel be lost, or by change of property, &c, ceases to be a British vessel, the owners must im- mediately, on their becoming acquainted there- with, give notice to the collector and comptroller at the port of registry. Where a British vessel has been absent from her port for three years, they must give notice stating the cause bf absence, and that she has not forfeited her privileges. Failure to comply, or falsehood, renders the party liable to a penalty of £5.] the transfer was made only in security by way of REGRATING, buying and selling again commodities in the same market. RENTE, in the French funds, is a term synonymous with annuity. RESERVE, in Banking, the portion of capital kept to meet current demands. RESINS, a class of inflammable substances, of vegetable origin, of which common rosin furnishes an example. They are solid, brittle, of a certain degree of trans- parency, and a colour commonly inclining to yellow. When pure, they are soluble in alcohol and in oils, but not in water, in which respect they differ from gums. They are more or less acted upon by the alkalies. The most important are Rosin, Mastich, Sandarach, Elemi, Tacamahac, Animi, Labdanum, Copal, and Lac, which are described under their respective heads. [Gums.] RESPONDENTIA is a contract by which money is raised on the chance of the safe arrival of a ship's cargo, in the same manner as on the safe arrival of the vessel, in Bottomry. It is to be used in the same emergencies, and gives the credi- tor the same recourse against the borrower. There is no hypothec over the cargo, as there is over the vessel in the case of Bottomry, and hence the security is merely personal. [Bottomry.] REST, a term sometimes used in Banking to denote the undivided profits remain- ing at the period of balancing. It also expresses the period of balancing. REVENUE AND EXPENDITURE, PUBLIC. The public revenue in this country, as in most other parts of Europe, originally consisted of the rents of crown lands, and of sums levied from the subject simply by the exercise of the royal prerogative. After the Conquest, the practice was introduced of the barons and military tenants of the crown, assembled in " Great Council," making grants in pressing emergencies, which were raised by taxes ; and this practice was extended REV 577 REV when representatives of the commons were admitted to parliament in the 13th century ; more especially after the crown estates became reduced bv alienations. But still, down to the end of the reign of Elizabeth, by far the larger portion of the revenues was derived from sources over which parliament retained no control. Thus, the duties of tonnage and poundage [Customs] were usually conferred upon each sovereign at his accession for life. And, from these and other sources equally per- manent and independent, Elizabeth, although the grants to her averaged not more than £70,000 a-year, enjoyed a revenue of about £500,000 ; which was also expended without any check from either house. Nearly the same system was continued under James I. But a change took place in the reign of Charles I., whose lofty opinion of the prerogative led him, though refused the duties of tonnage and poundage at his accession, to levy these, a new tax called ship-money, and other exactions, without the sanction of the legislature. The differences between the king and parliament ended in a rupture in 1641, before which the public revenue amounted to nearly £900,000. A period of transition then occurred from the ancient to the modern system. During the Commonwealth, the excise and post-office were established, and other financial innovations intro- duced ; most of which were continued after the restoration of Charles II., in whose reign stamp-duties were first levied. A return was made to absolute principles during the last years of Charles ; and still more after the accession of James II. But an entire revolution took place on the abdication of the latter, and the succession of William and Mary in 1688, when the exaction of money from the subject by the exercise of the prerogative ceased ; aud all taxes were afterwards imposed by the authority of parliament. The customs, or the duties upon exports and imports, and the excise-duties— those upon the manufacture or consumption of commodities — now became the great sources of the public revenue. Considerable additions to these branches were made during King William's reign ; and the system of borrowing and funding money was introduced. In 1701, the year preceding his death, the revenue amounted to £3,895,205 ; of which the customs produced £1,539,100 ; the excise, £986,004 ; and the land-tax, of 2s. per pound, £989,965. The total amount raised by taxes and loans during his reign (1689-1702), of which 9 were years of war, was about £72,000,000. In the l'2h years of Anne (1702-1714), of which 11 were years of war, the total revenue raised by taxation was about £62,000,000, and by loans nearly £60,000,000. In the 13 vears' reign of George I. (1714-1727), the amount raised by taxes was £77,000,000, and by loans nearly £3,000,000 ; but again £5,000,000 of debt were paid off. In 1727, when this king died, the produce of the taxes was £6,762,643 ; of which the customs yielded £1,530,361; the excise, £1,927,354; and the land-tax, at 4s. a-pound, £2,000,000. In the 33 years' reign of George II. (1727-17(0), of which 15 were years of war, the amount raised by taxes was £217,000,000, and by loans about £60,000,000. In the latter part of this reign the revenue increased considerably, principally through the extension of the excise system ; and in 1759 it amounted to £8,523,540 ; of which £1,985,376 were derived from customs, and £3,887,349 from the excise. The 59 years' reign of George III. (1760-1820), which witnessed so wonderful an augmentation both of the general wealth and of the government expenditure, commenced with a revenue from taxation of only £8,800,000. Nor, at the com- mencement of the American war, 1779, was it much beyond £10,000,000. At the peace of Versailles, 1783, it was nearly £12,000,000. In the 10 years of peace that followed, it made a very considerable advance, having, in 1793, when the war with France broke out, risen to nearly £20,000,000. But the extraordinary increase began from 1797, the year of the suspension of cash pavments by the bank, when the produce was about £23,000,000. Inl798, the year following, it rose to£31,000,000 ; and it went on regularly advancing till 1815, the la?t year of the war, when the amount of revenue, the produce of taxation, paid into the Exchequer, reached, after paying the expenses of collection, the enormous sum of £72,210,512. The loans raised in this eventful period were also on a gigantic scale : the amount derived from this source, including Exchequer bills, beyond the amount redeemed, in the 23 years from 1793 to 1815 inclusive, having been £432,707,263; and the aggregate amount of revenue and loans, raised for public uses in the same period, £1,498,461,819. The expenditure, including interest upon the debt, during the 10 years from 1806 to 1815 inclusive, averaged £84,067,761 per annum. In 1814, the current expenditure amounted to £76,780,895 ; and the interest upon the debt to £30,051,365, making together, £106,832,260, the largest annnal outlay ever made ; though that of the previous year, 1813, was £105,943,727, a:.d of the year subse- 2o REV 578 REV quent, 1815, £92,280,180. Nothing at all approaching to these financial operations occurs in the history of the world. (Porter's Progress of the Nation, § 4, c. 2). A considerable reduction of taxation took place after the return of peace. In 1816, the reductions amounted to £17,547,365 ; mainly consisting of the property- tax, £14,318,573, and the war malt-duty, £2,792,000. Some addition was made to the taxes in 1819. But important abatements were again made in 1822, and still more in 1823, when the salt-duty and assessed taxes were reduced to the extent of £4,185,735. In 1824 and 1825, the customs on coals, silk, wine, tobacco, cofft-e, and a variety of other articles, were abated, and the remainder of the excise on salt ; the whole amounting to £5,500,000. In 1826, the duties on British spirits and other articles were reduced not less than £1,967,215. In 1830, the beer-duty was repealed, £3,055,000 ; also duties on sugar, hides, and skins. In 1831, the customs on sea-borne coals, printed cottons, and other articles, £1,588,052. In 1832, the excise on candles, £476,500 ; in 1833, the soap-duty and various assessed taxes, £ 1 ,500,000 ; in 1834, the duties on windows, Irish spirits, &c, £2,064,516 ; and in 1836, duties on paper, spirit licenses, &c, amounting to £1,021,786. No other important abate- ment took place until the introduction of the uniform penny postage in 1840 ; in which year, however, the loss of income from this source, and the increased expendi- ture consequent on the military operations in Canada, China, and elsewhere, led to the addition (with certain exceptions) of 5 per cent, to the customs and excise duties, and of 10 per cent, on the assessed taxes. The total amount of taxes repealed, ex- pired, or reduced, in the 27 years from 1815 to 1841 inclusive, was about £45,000,000; and of taxes imposed, £8,000,000 : the excess of the former above the latter being thus £37,000,000. The following table shows the revenue and expenditure (including charges of collection), the difference between them, and the taxes imposed and reduced in each of the 20 years to 1841 ; to which is added, for comparison, the average price of wheat according to the London Gazette, and the declared value of the exports of the produce and manufactures of the United Kingdom. Excess of Tax es , Year. Revenue. Expenditure. Revenue. Expenditure. Imposed. Repealed. per Qt. Exports. £ £ £ £ £ 1 £ 8. d. £ 1822 59,823,724 55,079,316 4,744,408 2,139,101 43 3 36,968,964 1823 58,498, 15754,197,411 4,300,746 18,596 4,185,735 51 9 35,458,048 1824 59,829,691 J55,941, 519 3,888,172 49,605 1,801,333 62 40,396,30<; 1825 57,945,105 54,895,949 3,049,156 48,100 3,676,239 66 6 38,877,388 1826 55,628,793 56,274,712 645,919 188,725 1,967,215 56 11 31,536,723 1827 55,510,145 56,336,819 826,674 21 ,402 84,038 56 9 37,181,335 1828 57,391. 235|54,144,241 3,246*,994 1,966 51,998 60 5 36,812,756 1829 55,934,963 54,223,412 1,711,551 .... 126,406 66 3 35,842,623 1830 54,932,290 52,018,617 2,913,673 696,004 4,093.955 64 3 38,271,597 1831 51,012,608 51,711,465 698J857 627,586 1,623,536 66 4 37,164,372 1832 51,523,087 50,908,328 614^759 44,526 ( 747,264 58 8 36,450.594 1833 50,679,397 49,166,314 1,513,083 .... 1,526,914 52 11 39,667,347 1834 50,831,271 49,223,116 1,608,155 198,394 2,064,516 46 2 41,649,191 1835 50,408,579 48,787,638 1,620,941 .... 5,575 165,877 39 4 47,372,2?) 1836 52,949,397 50,819,305 2,130,092 4,521 1,021,786 48 6 53,368,571 1837 50,663,353 51,319,113 655J760 100! 234 55 10 42,070,744 1838 51,375,520 51,720,748 345,228 1,733 289 64 7 50,060,970 1839 51,927,495 53,440,287 1,512,792 .... | 63,258 70 9 53,233,580 1840 51,850,083 53,444,053 .... 1,593,970 2,155,673 1,218,959 66 4 51,406,430 1841 52,3(33,949 .54,465,318! .... 2,101,369 .... 1 27,170 64 3 51,634,623 The deficiency for 1842 was computed by Sir Robert Peel, in March of that year, at £2,570,000 ; to meet which he proposed a tax of 7d. per £1 on all incomes in Britain exceeding £150, estimated to produce £3,700,000 ; the raising of the Irish stamp and spirit duties to the same rates as those of Britain, reckoned to bring £410,000 ; and an export duty on coals £200,000 ; total, £4,310,000 ; affording a sur- plus of £1,740,000, to be applied to a reduction of the timber duties and others, and to meet the expense of military operations in China and elsewhere. This plan, after a modification of the proposed duty on coals, was sanctioned by parliament. S The Budget, or annual exposition of the finances submitted to the House of Commons by the Chancellor of Exchequer, does not exhibit an articulate account of the revenue and expenditure, but merely a statement of the sums required to be voted for the public service, under the different heads of Navy, Army, Ordnance, and Miscellaneous Articles, together with any incidental charges which may apply to the year, with the ways and means for meeting the same,— comprehending the REV 579 RIB surplus of the Consolidated Fund, after defraying the charges upon it, the annual duties, and such incidental receipts as come in aid of the national resources. The Consolidated Fund* formed by Mr Pitt in 1786, at present embraces all the branches of the revenue except the annual sugar-duty. It is specially burdened with the interest and other payments on account of the national debt, the civil list, pensions, and other permanent grants by parliament. The surplus is always con- siderable ; of late years about £14,000,000. The Annual Duties comprehended formerly the malt and land tax, which, oa constitutional principles, were reserved for special annual grants, as a restraint on the power of the crown. On the land-tax being rendered perpetual in 1798 [Land- Tax], certain duties on sugar and tobacco, and on offices, pensions, and salaries, were substituted in its place. Of late years, however, the only tax reserved for an annual grant is the sugar-duty, estimated usually at £3,000,000. The application of the supplies of each session is regulated by the Appropriation Act (introduced as a restraint on the improvidence of Charles II.), which is passed after all the grants have been made, and usually indeed contains, along with the appropriation clauses, the authority for making the last payments out of the Ex- chequer. In the event of the revenue proving insufficient for the expenditure, the deficiency is temporarily supplied by means of exchequer bills ; which are also issued in anticipation of the growing duties. [Funds. United Kingdom.] REVERSIONS. [Annuity. Insurance on Lives. Interest, Compound.] RHATANY ROOT, derived from the Krameria triandra, consists of cylindrical ramifications, varying in size from that of a quill to a finger. It is imported from Peru, and is used as an astringent medicine. RHODIUM, a rare and extremely hard and durable metal, obtained by Dr Wol- laston from platinum ore. Sp. gr. 11. Its scarcity is said to be the only bar to its extensive employment in the arts, as it forms valuable alloys with other metals, particularly steel. RHUBARB (Fr. Rhubarbe. Ger. Rhabarber. It. Reobarbaro. Por. Ruibarbo. Rus. Rewen. Chin. Ta-hwang), a medicinal root obtained from a plant {Rheum pal- malum?) which inhabits the lofty mountains of Central Asia. Three kinds of it are distinguished— namely, Russian, Turkey, and Chinese or East Indian. _ The Russian rhubarb is the best, as very great attention, both in purchasing it at Kiachta from the Bucharians, and in transporting it from thence to Moscow and Petersburg, is paid by order of government, and the bad pieces are burned by an inspecting apothecary. It possesses a fine bright reddish or whitish yellow colour, and a strong fragrant smell ; and is commonly in round pieces, often perforated with so large a hole that many have the appearance of a mere rind. Turkey rhubarb is derived from the same source as the Russian, but is generally darker and coarser, from less attention being paid to the trade. The Chinese or East Indian is heavier, harder, and more compact than the others ; seldom perforated with holes, and is either in long pieces or with two flat sides, as if they had been compressed. The rhubarb imported into this country, with the exception of a small quantity from Russia, is derived almost exclusively from China. Nearly 50,000 lbs. are an- nually entered for home consumption. S Hybrid Rhubarb (Rheum hybridum) is a well-known plant, extensively culti- vated in this country for its large succulent stalks, used in confectionary. RIBAND (Fr. Ruben de Soie. Ger. Band. It. Nastro di Seta. Sp. Cinta de Seda), a name given to silken bands of various widths and colours, much used by females for headdresses and other purposes. They are both plain and figured, and are sometimes distinguished into sarcenet, satin, &c, according to the manner in which they are made. They are also frequently ornamented by having what is called a pearl edge given to them.* Ribands are woven in pieces, each 36 yards in length. The finest are made entirely of Italian silk ; the next in quality of a mixture of Italian and Bengal silk ; and the commoner sorts altogether of Bengal silk. The great seat of the manufacture of ribands is Coventry, where they are now made of quality equal to the finest of the productions of the Lyonese weavers : they are also made at Congleton, Derby, Macclesfield, Leek, and other places. S [Silk Manufacture.] * In the early part of the funding system a separate account was kept of each loan, and of the tax imposed for payment of the interest. The inconvenience and confusion of this method led to the appropriation of the various branches of revenue into three funds ; — the Aggregate Fund, 1715 ; and the South Sea and General Fundi, 1716, — each chargeable with the payment of certain annuities then due by the public. And in 1786 these were formed into one fund, thence termed the Consolidated Fund. RIC 580 ROA RICE (Du. Ryst. Fr. Riz. Ger. Reiss. It. Miso. For. & Sp. Arroz), an es- culent grain, the produce of a panicled grass {Oryza sativa), which resembles common barley. Although less nutritious than any of the cerealia, it forms the chief object of culture in China and the East Indies. And it has been introduced into Carolina, Georgia, the West Indies, and several parts of Central and South Ame- rica. In Europe its cultivation is confined chiefly to Lombardy, Valencia, and some other districts adjoining the Mediterranean. Rice requires not only an intense heat, but also moisture so abundant, that the field on which it grows must be repeatedly laid under water. Indeed, without its due degree of moisture, rice proves almost wholly unproductive ; and hence the dreadful famines which sometimes occur in different parts of India, where it forms the sole dependence of the population. Rice is of course an article of extensive commerce in India and China ; and since the reduction of duty in 1828, a consid- erable increase has taken place in its consumption in this country, more particu- larly at times when corn is dear. It is imported in two states,— cleaned of the husk, and in the rough state called paddee ; the former is brought from India and Java, the latter from the United States. Of late years an increased quantity of paddee has been imported in comparison with cleaned rice ; there being less waste in the transport of the former, and its cost less ; while, by the superior machinery employed in Britain, the husk is removed with less injury to the grain than in the country of production. The import of paddee from America has been further en- couraged by the discriminating duty charged on foreign cleaned rice. S The following extract from the London Price Current of October 1842, affords a comparative view of the estimation in which the different kinds introduced into the British market are held : — Rice in bond, — Carolina, per cwt., 21s. to 25s. : East India, fine Patna, Os. to Os : Bengal white, lis. to- 12s. 6d. : Cargo, 8s. Gd. to 10s. : Java, 7s. 6d. to lis. 9d. : Madras, 8s. to 10s. The bag of East India rice contains about 1 [ cwt. ; the American cask, 6 ewts. On the exportation of foreign rice that has been cleaned in this country, a drawback per cwt. is allowed, equivalent to the duty paid on 4 bushels of paddee. RICE PAPER is said to be a membrane of the Artocarpus incisa, or bread- fruit tree. It is brought from China in small dyed pieces, and is used in the manufacture of several fancy and ornamental articles. S RIXDOLLAR. [Germany.] ROAD, an artificial line of communication between two places, made by levelling and hardening the surface of the ground, to facilitate transit thereon. The extent and quality of the roads in a country may be safely held to mark the degree of its wealth and civilisation, and generally are to be regarded as a prominent feature of national economy. Such were the Roman roads which connected the most dis- to.nt parts of the empire with the capital, and of which many traces still remain in this country as well as on the Continent. The modern roads, previous to the be- ginning of last century, were little adapted for ordinary use by wheel-car- riages. Throughout the United Kingdom, generally, commodities were transported upon pack-horses, which, like the mules in Spain, were trained to follow each other in long succession on the rough, narrow, and often scarcely passable causeways or tracks ; and the common mode of travelling for passengers was in like manner on horseback. In the beginning of the 18th century, road-making became a subject of greater attention. And, after 1760, the general spirit of improvement which characterized that period led to the formation of carriage-roads in all the great thoroughfares ; no fewer than 452 turnpike acts having been passed in the course of fourteen years. Since then the same system has been progressively ex- tended ; and carriage -roads are now established through every parish of the king- dom. Many of these must be pronounced highly defective in construction when compared with the modern formations of Macadam and Telford ; but, taken as a whole, they are unequalled in any other country ; and, in connexion with our canals and railways, constitute that wonderful system of internal communication,— that viabilite immense, as designated by the French, -for which Great Britain is the admiration of the world. In the laying down of roads no acclivity should, according to Mr Telford, if practicable, exceed 1 foot in 35, so that no difficulty may be presented to fast driving either in ascending or descending ; and modern engineers consider it un- advisable in any case to exceed 1 in 24 ; though there are acclivities twice as steep in some turnpike roads. A road should also be of a regular uniform width, and be properly fenced. When likely to be much used by heavy carriages, it should have a regular foundation of large stones ; over which a coating, about 6 inches deep, of small broken stones, should be laid, so as to present a surface, uniform, smooth, and convex. It is also of importance that a road should be raised above ROA 681 ROA the level of the surrounding ground, have proper drain*, and an exposure to sun and wind, so as to produce rapid evaporation of moisture. I.\ England, according to Blackstone, every parish is bound at common law to keep the roads that intersect it in good condition ; and by the 2i3 Philip and Mary, e . !J, the parishioners were obliged, according to their ability, to provide labour and implements for four days' work upon the roads annually. This rude plan of forced or ttatute labour (then common in Europe) was improved by other acts ; but in course of time it was gradually superseded on all the great thoroughfares by the turnpike svstem ; and it was also abandoned for other highways in 1835, when the laws relating to cross or parish roads were consolidated by the act 5 & 6 We IV. c. 50. This act authorizes a survevor, elected annually by the vestry, to levy a rate on the parish, on the basis of the poor assessment ; the rate-payers" however, being empowered, if a majority see fit, to divide among themselves the carriage of the materials required for the roads. A number of parishes may unite and appoint a surveyor ; and in parishes having more than 5000 inhabitants, a highway board may be established. The Endish turnpike system, or plan of raising a revenue for the construction and repair of roads bv imposing tolls at cues or turnpikes, though introduced by the 26 Ch. II. c. 1, was not establish d to any extent until after 1763. Under this system, the road is placed, according to its length, under the management of one or more sets of trustees, who are appointed by statute, and generally consist of the landed proprietors and principal fanners and tradesmen in the vicinity. All details are committed to surveyors appointed by them ; and the trustees, being empowered to contract loans on the security of "their revenues, are enabled very speedily to complete any un- dertaking. In 1839, the number" of turnpike trusts in England and Wales (including consolidations) was 1116; their revenue, £ 1 . 532,956 ; and the amount of loans for which the tolls were mortgaged, £7.238.935, which was exclusive of £1,194,699 of arrears of interest, and the amount of the float- ing debts. From a summary in 1841 by Mr Tidd Pratt, of 16,965 returns, made pursuant to the act 2 & 3 Vict. c. 400 miles of turnpikes and roads under local acts, was nearly £51 per mile ; whereof— £36 on mere repairs ; £9 on improvements ; and £6 on management. I.v Scotland, the ancient system was that of the statute or compulsory labour of the inhabitants for 3 days before and 3 days after harvest ; and the act 5 Geo. I. c. 3<>, provided that, in the event of this proving insufficient, an assessment, not exceeding I per cent, on the valued rent, might be imposed on landed property. After 1750, this plan was superseded as to the great thoroughfares by the turnpike system, as in England. It has also been greatly modified in other respects ; most of the counties having obtained local acts commuting the statute labour for a fixed money payment, and authorizing as-essments on landed property, varying in each county according to circum- stances. By these acts the road-administration is vested in trustees, embracing the sheriffs depute and substitute, the provost and two eldest bailies of each royal burgh in the county, all justices of peace, owners of estates worth £li>0 Scots a-year and upwards of valued rent, and their eldest sons, and one guardian or trustee of all minors possessing such amount of property. The county is diviied into districts, each placed under the resident trustees and surveyors appointed by them ; and the district meeting prepares annually a state and estimate for the general meeting, which has power to order an assessment on the occupiers of land, and which in other respects directs and controls the district meetings. Sufficient powers are given to the trustees for obtaining land and materials for the roads and bridges. But in the northern counties a different system of supervision prevails under the " Commission- ers of Highland Roads and Bridges," appointed by government in 1803 with the view of stimulat- ing improvement in these districts. They are authorized to decide upon the roads proper to be constructed, and to superintend their execution ; the expense being defrayed by government and the proprietors jointly, each one-half. This measure has been highly successful ; and about 900 miles of excellent roads, and upwards of 1 li'O bridges, have been constructed in this way. The old military roads formed by General Wade (1720-1730) were placed under the management of the commissioners in 1814 ; and about #M» miles of them are still kept up. We possess no statistics of the ordinary county roads of Scotland ; nor of the turnpikes later than 1829, when their length was 3666 miles; the number of trusts, 190; the amount of their debts, £1.495,1182: and income, £187,584. In Ireland, the statute labour system was abolished in 1763, when the road administration was vested in the grand juries. Mail-coach roads are determined upon by the postmaster-general, and their expense defrayed by a tax on the county. The supplies for other roads are raised by a tax on each barony tor the portion within its boundaries. S.nce 1831, also, a considerable extent of road has been "constructed at the public expense, under the board of public works, constituted by the act 1 & 2 Wm. IV. c. 33. Of the roads in the United Kingdom, the best is usually stated to be that between London and Holyhead, constructed, under the superintendence of parliamentary commissioners, by Mr Telford ; but, in general, the English roads are greatly inferior to those of Scotland, more especially the turnpikes and those formed by the Highland Commissioners, which, notwithstanding the rugged nature of the country, have mostly moderate acclivities, and are indeed in every respect models of the manner in which the difficulties presented by a mountainous country may be successfully overcome. This superiority in the northern roads is stated by Sir Henry Parnell to arise " in consequence of the excellent materials which abound in all Darts of ROM 582 ROO Scotland, and of the greater skill and science of Scotch trustees and surveyors " {Treatise on Roads, p. 313). Much is also due to the superiority of the Scottish county management over the English parish system. The Irish roads are likewise, generally speaking, well laid out and in good repair. Indeed, both Ireland and Scotland possess natural advantages as to material for road-making to which England cannot lay claim, more especially the district between the Tees and the Trent, where the formation is chiefly coal, sandstone, and soft limestone. ROMAN or PAPAL STATES, stretch across the central part of the Italian peninsula in an oblique direction, from the Adriatic to the Mediterranean, and be- tween Tuscany, Modena, and Lombardy, on the N. W., and Naples on the S. E. Area, 17,822 sq. miles. Population in 1833, 2,742,000. Capital, Rome ; pop. 153,000. Government, an elective monarchy, the pope for the time being the ab- solute sovereign, with a consulting assembly of cardinals. S The papal territory is divided into two unequal portions, mostly level, by the Apennines, which traverse the country from N. W. to S. E. The most extensive is the western portion, which con- tains the city of Rome and the Tiber ; but a great part of it is waste and pestilential, particularly the Campagna di Roma and the Pontine Marshes. The eastern portion, especially Bologna and the March of Ancona, is more fertile and better cultivated ; producing wheat, maize, rice, hemp, and tobacco. The elevated districts supply timber, fruits, and even silk, wine, and oil, but of a quality inferior to those of the Tuscan and Neapolitan territories. The manufacturing industry is mostly confined to coarse woollen cloths, for the internal consumption. There are, however, silk establishments at Rome and Bologna ; iron-works at Bracciano, Canino, Conca, and other places, for which iron-ore is brought from Elba; and glass-works, and manufactories of paper, soap, hats, liquorice, wax-candles, and catgut in several towns. But all the productive industry of the country, and especially agriculture, is in a state of backwardness, from the poverty and ignorance of the people, the perpetual intervention of the ecclesiastical authority, as well as heavy taxes and il! directed legislation. The provinces on each side of the Apennines having little communication with each other, some are exporting while others are importing the same kinds of produce. A surplus of corn generally exists in the N. provinces, while in the S. there is a deficiency. Again, olive-oil is exported from the S., while in the N. about 3,000,0(10 lbs. are annually brought from S. Italy and Tuscany. The chief commercial relations are with Naples, Tuscany, Lombardy, and Great Britain. The exports lo England, according to Dr Bowring (Report, p. 81), consist mainly of grain, hemp, rags, sul- phur, silk, tartar, wool, lamb and kid skins, and cork ; and the imports from it of colonial pro- duce and spices, cod, pilchards and herrings (largely consumed in Lent and other fasts), drugs and dye-stuffs, lead, copper, steel, tin-plates, cotton twist, piece goods of all sorts, hardware, and iron and steel goods, jewellery, earthenware, porcelain, isinglass, coal, whale-oil, and ivory. British vessels load at Civita Vecchia ; but the above-mentioned articles are chiefly shipped to England from Leghorn, Genoa, and Marseilles. The vessels which land their cargoes of salt-fish, sugar, and coal, at Ancona, generally proceed to Messina or other ports for return cargoes. The total imports from all countries are estimated at £1 ,458,000, and the exports at £'1,042,000. Ports.— A ncona, on the Adriatic, lat. 43° 38' N., long. 13° 35' E. ; pop. 30,000. It is a free port, and the harbour is good, — indeed the best on the coast from Venice to Manfredonia. Ex- ports, corn, silk, wool, wax, hemp, rags, &c. In 1838, 1292 vessels, burden G6,828 tons, cleared with cargoes valued at 1,109,300 scudi. Civita Vecchia, the only good port on the W. coast, lies in lat. 42° 5' N., long. 11° 44' E., 36 miles N. W. of Rome. Pop. 8000. The harbour is from 14 to 18 feet deep ; and there are docks and a lazaretto : 1520 vessels, burden 133,402 tons, cleared in 1837. Measures and Weights, Money, Finances, &c. Measures and Weuihts. — The foot = 11-72 Imp. inches ; the mercantile canna of 8 palmi = 78 - 35 Imp. inches ; the builders' canna of 10 palmi = 87-96 Imp. inches. The mile = 1628 Imp. yards, or 7f furlongs. The tavola censuale = 1000 sq. metres = 1196 sq. yards : the rubbio = 18-484 tavole. The wine barile of 32 boccali or 128 fogliette = 12-84 Imp. gallons ; and 16 barili = 1 botte : the soma of oil of 80 boccali = 3G-1 4 Imp. gallons ; and the oil barile is 28 boccali, or 12-65 Imp. gallons. The rubbio of corn of 4 quarte, 22 scorzi, or 88 quartucci, s 810 Imp. bushels. The pound of 12 once, 288 denari, or 6912 grani, = 5234 troy grains ; and the quintal of 10 decine, or 100 lbs., = 74*77 lbs. avoirdupois. The apothecaries' pound, and that used for gold and silver, are of the same weight as the com- mercial pound. In Ancona the braccio = 25*33 Imp. inches ; the wine soma of 2 barili or 24 boccali = 18*90 Imp. gallons ; the rubbio of com of 8 coppe = 7*87 Imp. bushels ; and 100 Ancona lbs. = 73*75 lbs. avoirdupois. Money. — Accounts are stated in scudi (crowns ordollars), divided into 10 paoli, or 100 bajocchi. The value of the scudo is 4s. 2d. sterling, — the par of exchange with London being estimated at 48 paoli or pauls per £1. The paolo is thus worth 5d., and the bajoccho id. sterling. Bankers' accounts are kept in pauls. The principal coins are the gold doppia or pis- tole, worth about 32 pauls ; the silver scudo, half- scudo, and pieces for J, 1, 2, and 3 pauls ; also in base silver, pieces for 2, 4, 74, and 15 bajoc- chi , — the two last being termed single and double carlini ; and in copper, bajocchi, halves, and quarters. The old louis-d'or is current at Rome for 44 pauls, the napoleon for 37 pauls, and the Spanish dollar for 10 pauls. The notes or cedole for 5, 10, 20, 25, and 100 scudi, issued by the Banco dello Spirito Santo, and Monte di Pieta, are employed in the payment of sums exceeding 5 scudi. Bills on London are commonly drawn at 90 days' date. No days of grace. Revenue in 1835, 8,812,961 scudi, chiefly from land-taxes, customs, lotteries, and government monopolies of salt, tobacco, alum, vitriol, &c. : Expenditure.9,429,799 scudi, including 2,547,555 on account of the national debt. ROOD, the one-fourth of an acre ; also a term applied by artificers to 36 square yards of stone, brick, or slate work. ROP 583 RUM ROPE, a larger kind of cordage, generally formed by a combination of vegetable fibres. Except for ship-cables, tor which iron-chain is now much used, hemp is the substance principally employed in this country in the manufacture of rope, though it is occasionally made of Indian jute and coir. Of late years, hemp mixed with caoutchouc has attracted some attention ; likewise cordage made of wire. A hempen cable of 12 inches girth, and length 120 fathoms, weighs 3075 lbs. And as the weights of two cables of equal lengths will be as their sections, or squares of the girths, we have the following rule for the weight : — Multiply the square of the girth in inches by 21 (more accurately 21-3), the product is the weight in lbs. Also, as the breaking strain will be as the section, it will be as the weight, and will be found nearly by dividing the weight in lbs. by 100 ; the quotient is, the breaking strain in tons. This rule is of course liable to uncertainty from the quality of the cable. ROSE, a well-known flower (Rosa), from the petals of which rose-water is dis- tilled, and a butyraceous oil or perfume called Attar or Otto of Roses, largely manufactured in India, Persia, and Turkey. The latter is a very costly article ; 20,000 lbs. of rose leaves being required, according to Bishop Heber, to yield attar equal in weight to a rupee ; and it is often adulterated with oil of sandal-wood, and the crystalline appearance of the genuine article imitated by the addition of spermaceti. The real attar congeals with a slight cold, floats in water, and dissolves in highly rectified spirits of wine. It is seldom imported from India for sale ; but considerable quantities are brought from Turkey. The English oil is of a very inferior odour, and apt to become rancid. ROSEWOOD (Por. Pao de rosado. Sp. Leno de rosa), a beautiful fancy-wood produced by a large tree found in Brazil, India, and the Canaries. It should be chosen in large pieces, of irregular knotty grain, well filled with resinous fibres, sound, and heavy. It is of a reddish colour; has an agreeable odour; and is esteemed according to the degree in which the darker parts are distinct from the purple red, which forms the ground. Rosewood is used for cabinet-work, either solid or cut into veneers, nine to an inch ; and, next to mahogany, is now the wood most in use for such work. About 1600 tons are annually imported, chiefly from Brazil. ROSIN, a commercial name for the residuum of the distillation of turpentine : it is a light, hard, brittle, inflammable substance, transparent, and of a dark colour. There are several kinds, — as black or common, and amber rosin. It is made at Hull, London, and other ports communicating with the Baltic states ; and is used in the manufacture of soap, varnishes, and other articles. S ROTTENSTONE, a kind of clay of a dirty gray or reddish-brown colour, pass- ing into black : it is dull, earthy, soft, meagre to the touch, and emits an unpleasant odour when rubbed. Localities^ — Bakewell in Derbyshire, Wales, and Albany near New York. It is used in polishing metals. RUBLE. [Russia.] RUBY, a name applied by lapidaries to two kinds of precious stones essentially different. The Oriental ruby, next to the diamond the most valuable of gems, is properly a red sapphire. The other rubies are different varieties of spinel. RUM is a spirit procured by distilling a fermented fluid prepared from the refuse in the operation for making sugar ; the peculiar flavour being derived from an essential oil existing in the juice of the cane, which is brought off by the spirit. The product of the distillation is colourless ; but is afterwards coloured by the addition of a little burned sugar. The best is made from molasses [Sugar] ; and it is preferred when well kept and of good age, considerable body, smooth oily taste, and of a brownish transparent colour. When of a fiery taste and limpid colour it is either too new or adulterated, as it often is, especially by retail dealers, either with corn spirit or home-made molasses spirit ; which last, from similarity of taste, is not readily known from the genuine liquor. The West India Islands and Guiana are the countries chiefly distinguished for the produce of rum, more especially the British possessions. The best is that of Jamaica, the produce of which is likewise highest in quality ; what in trade is called " Leeward Island rum " is inferior to it, though still good. The quantity annually produced depends generally upon the nature of the season ; but the change occasioned by the abolition of negro slavery has of late years led to a gradual decline in the shipment of rum, as well as of the other West India staples. In the three years ending 1831, the average importation into the United Kingdom from the West Indies (in- cluding Guiana) was 7,180,000 gallons ; but in the three years ending 1841, the average was reduced to 3,524,320 gallons,— the importation in 1841 being indeed only '2,770,161 gallons. [West Indies.] The imports from the West Indies, after supplying the United Kingdom, have RUP 584 RUS generally left a considerable surplus, especially of the inferior kinds, usually sent to the other colonies, Germany, and elsewhere ; and there is still a re-export- ation, notwithstanding the diminished production of the West Indies : the con- sumption of this country having also declined, until in 1341 the quantity (exclusive of that used for marine stores) was only 2,300,000 gallons ; being below'the amount at the beginning of the century, which was upwards of 3,000,000 gallons. This decline has been comparatively greatest in Ireland and Scotland, especially the former, where the consumption, though 860,000 gallons in 1800, has fallen to about 20,000, owing to the great rise of duty during the war, and the substitution of home-made spirits. The importations of rum from other countries have until lately been nearly con- fined to small occasional parcels from the foreign West Indies and Brazil, none of which, owing to the discriminating duty in favour of our colonial produce, was entered for home consumption. In 1836, however, the duties on East and West India sugar were equalized, and the rule which confined the navy contracts to West India rum abolished. These measures were followed by importations of East India rum— in 1840 to the extent of 312,000 gallons. And this trade has been further stimulated by the equalization, in 1842, of the duties on East India and West India rum, by "the reduction of the former to the colonial rate of 9s. 4d. per gallon. The admission of East India rum to the British market will probably lead to improvements in its quality, which at present is very low. The rum supplied to the navy is furnished duty free, as also that required for stores by merchant ships. The annual amount thus delivered in the United King- dom, on an average of the 14 years ending 1839, was — for the navy, 372,000 gallons ; for ship stores, 315,000 gallons. S RUPEE. [India.] RUSSIA, an empire comprising the whole northern portion of the eastern hemi- sphere, from the frontiers of Prussia and the Gulf of Bothnia on the W. to the Pacific on the E. ; also a large tract on the N. W. part of America ; with nume- rous islands contiguous to these countries. The whole, exclusive of certain terri- tories called oblasts, is divided into about 75 governments or viceroyalties. Area estimated at 7,700,000 sq. miles ; and population at 66,000,000, of whom about 47,000,000 are contained in European Russia. Capital, St Petersburg. Govern- ment, an absolute monarchy. S This empire is divided into two great parts by the Ural Mountains, which on the N. separate Asiatic from European Russia. The former is generally a vast level region, declining impercep- tibly towards the Arctic Ocean, and rising gently towards its southern border, where it is lost in the immense mountain-ranges which separate it from the Chinese empire and Tartary. The northern portion of this tract is mostly a frozen desert, but the southern is generally fertile. The whole of this region, however, as well as the American territory, being but thinly inhabited by barbarous tribes, possesses as yet little or no commercial interest ; and we shall therefore principally confine our attention in the present article to the tract which lies to the W. of the Urals, embracing Euro- pean Russia and the country between the Black Sea and the Caspian — the main body and seat of the wealth and power of the empire. European Russia may also be considered as one vast plain. If the Ural Mountains on its eastern border, and a mountain-tract in the Crimea be excepted, there is in this immense region no part elevated more than 5(0 feet above its base, or 110O feet above the sea-level. That great tract of low land which begins in Northern Germany, expands in Russia to its greatest breadth, exceed- ing 120() miles ; and the water-shed which divides the rivers that flow to the Baltic, Arctic Ocean, Black Sea, and Caspian, consists merely of a table- land, in the N. E. parts called the Uwalli and Valdai Hills, whose declivities form long and generally imperceptible slopes. The most fertile region traverses the central part north-eastward, from between 48° and 52° on the W. to between 53° and 56° N. lat. on the E. ; and lies between 25° and 50° E. long. Farther north, the country is for the greater part covered with forests or bogs, until we arrive at the shores of the White Sea or Arctic Ocean, where it is mostly a swampy desert, particularly towards the N. E., be- tween the Urals and the river Mezen, the region of the tundras. The fertility also decreases to the S. of the central region, especially where it lies contiguous to the steppes of Southern Russia and of the river Volga, which are vast plains, formed chiefly of sand, and destitute of wood, ex- cept here and there a stunted birch. The Climate of Russia is much colder than that of other European countries in the same latitude ; and the farther we proceed eastward the temperature becomes still lower, arising from the dreary uncultivated surface of the land, its distance from the ocean, and the vast regions traversed by the north and east winds. The summer heat of Russia, however, is in general greater than in other countries under the same parallels. The provinces which border on the Baltic and on the White Sea have a wet climate ; and this feature extends to the elevated tract which borders the basin of the Volga, on the N. and W. Farther east the rain decreases in quantity ; and the southern dis- tricts have a dry climate. The vast Forests of Russia constitute one of its most remarkable features, and a principal source of wealth ; the timber, tar, pitch, and ashes derived from them forming staple exports. They abound chiefly in the north, covering about three-fourths of its extent between 65° N. lat. and the Volga ; the trees being pine, fir, larch, alder, and birch, with a few limes. The central pro- vinces, between the middle course of the Volga and the Dnieper, have scarcely sufficient wood for 585 RUS their own consumption ; but extensive fotvsis, chiefly pine and fir, occur on the W. of this tract, especially on the swamps of Pinsk aud ltatnor, and on the banks of the Niemen, whence, and by -tula, much of the produce of the district is conveyed to the Prussian ports of Memel and Dantzic, and in part by the Duna to Riga. To the east, also, of the central district there are extensive pine and fir forests in the governments of Perm and Viatka ; and of oaks, limes, elms, and ash, in those of Kazan, Niznei-Novgorod, Pensa, and Saratov. The oak forests are chiefly on the Volara "ear Tcheborsar. The southern provinces are almost entirely without trees. In Minerals Russia is rich. The chief mines are situated in the Ural and Altai Mountains, and those which occupy the vicinity of Nertschinsk in Siberia. In 1837, the produce of gold from the Ural and Siberian mines was about 470 poods, equal in value to nearly £1 ,000,000 ; that of silver, from the Altai and Siberian mountains, 3000 poods, £330,000 ; and the annual produce of platina, chiefly in the Urals, is about 140 poods. Copper is produced to the extent of 210,000 poods a-year, chietiy in Olonetz and the Ural and Altai ranges ; lead, 40,000 poods ; and iron, about 170,000 tons, chiefly in the Urals ; also in the Altai, Caucasus, Valdai Hills, &c. Other metals and coal exist, but they are not worked. Salt is procured in the Urals, the Crimea, and other places, chiefly in the E. and S. provinces ; but it is deficient in the Baltic provinces, where it is imported from England and Austria. AgricuUart is but in its first stage ; yet the grain produced is much more than is required for the consumption. The S. Baltic countries, Poland, and the governments nearest to Moscow, have the greatest proportion of cultivated land. Bye, the most common grain, may be grown in all parts except the Arctic region and the steppes ; it is produced in greatest quantity in the district between the cataracts of the Dnieper, in 43 d N. lat. on the S. and the Volga on the N. The cultivation of barley extends to 67° N. lat. Oa's are extensively cultivated in the districts through which the Lreat roads and water-courses run ; but they do not succeed N. of 62° N. lat. Wheat fa a principal object of culture in the fertile tracts along the southern rivers, especially in the Ukraine (a country comprising Volhynia, Podolia, Kiev, and Poltava), and in Voronetz, Tambov, Pensa. and Simbirsk ; the produce of which districts is largely conveyed to Odessa and Taganrog nation. Farther north wheat is less grown, though in some favoured spots it succeeds to 58" and even 59 s N. lat. Millet is grown in the upper regions of the Don, Oka, and Diesna ; and maize at the S. extremity of the empire. pand flax are produced more extensively in Russia than in any other country ; both succeed up to 65° N. lat. ; but the chief localities are those adjoining the upper course of the Volga, in the governments of Tver, Jaroslav, and Kostroma: they form, with linseed and hempseed, staple exports from the Baltic ports and Archangel. Tobacco is much cultivated in the Ukraine. Of other rural products, the most important are black cattle (also principally in the Ukraine), the tallow and hides of which are extensively exported ; and sheep, which are still more numerous, though the wool is in general of inferior quality. Horses and goats also abound ; likewise hogs, the bristles of which are largely shipped from the northern ports ; and in the regions adjoining the Arctic Ocean numerous wild animals are killed for their skins and fur. The rearing of bees is a principal occupation of some tribes, especially in Kazan and Oufa, and the wax produced is very considerable. The Fisheries of most value are those of the rivers Volga and Ural, and of the Sea of Azof; but except some caviar and isinglass from the S. ports, scarcely any of their produce is sent to other countries. Manufactures were called into premature existence by Peter the Great, and, under the influence of the protective system, they have risen to some consideration, especially of late years. The establishments in 1839, exclusive of mines, furaaces, and smelting-houses, were 6H55 in number, employing 412,931 work-people ; which, according to the official report, was an increase in three years of 840 manufactories, and of 50 per cent, on the workmen. Of these manufactories, 616 were for woollen goods; 227 silk; 467 cotton; 267 linen; and 4H6 metal wares: the rest consisted chiefly of tanneries, tallow melting-houses, candle and soap works. The chief seat of manufac- tures is Moscow and its government ; and next, the governments of Vladimir, Niznei-Novgorod, Saratov, Peter burg, and Tula. The Russians excel in the manufacture of leather ; and from their advantages in respect to raw material, their canvass, strong linens, cordage, felt, mats, potashes, soap, candles, caviar, and isinglass, are quite as good as those made elsewhere ; but in al- most all other branches their products cannot compete with those of Western Europe, more espe- cially Britain, as to finish, durability, and cheapness; and their existence is therefore dependent upon the continuance of a restrictive or rather prohibitory system of import duties. The annual va 1 ue of the B iissian manufactures was estimated in 1837 at £23,000,000 ; and in 1841 , at£30,000,000. The Tnhmd Trade is very extensive ; and it is facilitated by the vast means of internal communi- cation afforded by the Volga, Dwina, Niemen, Duna, Don, Neva, and their tributaries, which, from the level nature of the country, are nearly all navigable, especially those which rise north- ward of 55° N. lat. And this navigation has been improved by canals", by means of which the Volga is connected with the Neva and the Dwina, so that goods may be sent by water from St Petersburg or Archangel to Astracan and the Caspian. The Volga has also been united with the Don, which falls into the Sea of Azof; and the Pripet, a branch of the Dnieper, is joined to the Bug, an affluent of the Vistula, thus connecting the Black Sea and the Baltic The frost inter- rupts this navigation during a considerable portion of the year ; but again, it affords great facili- ties to land-carriage and travelling by means of sledges. There are few good roads, with the ex- ception of that between Petersburg and Moscow, and some other principal lines. Moscow is the principal entrepot of the inland trade. But a great portion of it is carried on by means of annual fairs, — the most remaikable of which is that of Niznei-Novgorod, the centre of the immense sys- tem of inland navigation we have just noticed, situated at the confluence of the Oka with the Volga. This fair, which begins June 29, is frequented by about 300,000 strangers, including many from Western Europe and even the frontiers of China ; and in 1 839, the value of the goods ex- posed was £7,250,000 ; while at twenty-one other principal fairs, the chief of which were those of Irbit, Rouina, Charkov, Kursk, and Rostov, the amount exposed was £8,700,000. The External Commerceof Russia is cramped by the prohibitory system of import-duties im- posed tor the protection of her home manufactures ; it is further impeded by the small extent of her available seacoast, and by the obstructions to its navigation for a considerable period of the year by ice. Still, the wants of so vast a population render its amount in the aggregate very RUS 586 RUS Considerable. The principal branch of trade is that with Great Britain, chiefly through the north- ern ports ; that with Italy and Turkey, through the southern ports, ranks next in importance ; and there is also an active intercourse with the neighbouring Baltic states, the Netherlands, France, and the Hanse Towns ; but (except with the United States and Cuba) there is little intercourse with more remote places. Besides her maritime commerce, however, Russia carries on a consid- erable trade by land across her European and Asiatic frontiers. In this way tea and other articles are procured from the Chinese, with whom an exchange of commodities takes place at Kiachta. In 1839, the total value of the exports from Russia was 330,000,000 rubles, or £ 14,780,000 ; and the shipping despatched (exclusive of coasters) amounted to 6582 vessels, 1,184,636 tons; of which only 1051 vessels, 165,920 tons, were Russian. Of the shipping entered, nearly two-thirds were in ballast, arising from the coarse and bulky nature of the exports compared with the imports. The British trade took its rise in the reign of Elizabeth, shortly after the discovery (1554), by Richard Chancellor, of Archangel, the port to which it was long confined. Notwithstanding the existing restrictions, it is very extensive, though inconsiderable to what it might become under a system of free trade ; no other countries in the globe being, naturally, better fitted to supply each other's wants. The annual amount of British produce and manufactures (according to the declared value in England) imported into Russia, on an average of the five years ending 1835, was £1,488,980 ; and on an average of the five years ending 1840, £1,765,900. About two-thirds of the whole consist of cotton-twist and yarn : the only other article of any consequence is woollen cloth (nearly £120,000); the remainder is chiefly made up of cottons, machinery, coals, hardware, iron and steel, salt, refined sugar, tin, woollen yarn, ale, and beer. Considerable quantities of indigo (about 1,000,000 lbs.), coffee, cochineal, shellac, logwood, pepper, pimento, raw cotton, quick- silver, rum, tea, wine, and other foreign and colonial products, are likewise supplied by Britain. The returns from Russia embrace all her staple products already described. In 1840, the principal quantities were — 8/0,400 cwts. flax, tow, and codilla ; 598,840 cwts. hemp ; 1 ,115,041 cwts. tallow ; 4,517,998 lbs. sheeps' wool ; 1,476,761 lbs. bristles ; 435,511 quarters wheat and oats; 14,441 cwts. hides; 32,288 cwts. skins; 284,160 ells and 3000 pieces linens; 2,567,316 bushels linseed; 12,233 lasts tar; besides timber, ashes, rhubarb, rapeseed, and other articles. The Russian merchants are divided into three guilds or classes of different degree, to one of which every merchant must belong, according to the nature and extent of his trade, by holding an adequate annual license. And the privilege of trading is granted to foreigners not owing allegiance — 1st, as settled merchants, styled foreign guests ; and, 2d, as travelling merchants, making short residence. There is, besides, the body of petty dealers or trading peasants, divided into four classes of different degree, which are also regulated by annual licenses. The chief other classes are the boors, a kind of slave peasantry, who compose the bulk of the population ; and the nobles. Of the latter, many are extensively engaged in manufactures, in which they employ their boors as workmen. The produce in different parts of the country is bought up by travelling dealers, who prepare and transport it for sale to the seaports, frontier towns, and fairs ; where in return they purchase supplies of foreign goods. In the trade with the Baltic ports these dealers lay in their stocks in the interior between October and March, and transport them to the ports during the spring and summer months for delivery, if previously contracted for, to the purchasers, or for chance sale for exporta- tion. The foreign trade is chiefly carried on by wealthy merchants of foreign extraction, partly foreign subjects, including many Germans and British, settled at the seaport and frontier towns, and also at Moscow, whose connexions abroad enable them not only to pay ready money to the inland dealer for the produce they buy of him, but also to make advances thereon without interest at fixed contract prices, 6 or 8 months before delivery, besides granting long credits to the same parties, and other inland buyers in selling to them goods imported or received on consignment. (Clark's Russia Trader's Assistant.) Baltic Ports. St Petersburg, the magnificent capital of the empire, founded by Peter the Great in 1703, is situated in hit. 59° 56' N., long. 30° 19' E., on the banks and islands of the Neva, near its mouth, at the E. extremity of the Gulf of Finland. Pop. in 1839, 476,000. It excels all the other cities in manufactures and commerce, though its navigation is closed by frost generally from November until May. Above 12,000 barks annually arrive from the interior with articles for consumption and shipment. In 1839, the principal exports were — 239,od nearlv. The mark - 3226 troy grains. Poland.— The ell or lokciof 2 feet or 24 inches a 2268 Imp. inches ; and 100 ells = 63 Imp. yards. The mile, 20 to the degree, = 6076 Imp. yards. The morgen, or acre of 300 perches, = 1.384 Imp. acre ; and 30 morgens = 1 wloka. The garniec, liquid measure, of 4 kwartas, or 16 kwaterkas, = 4 French litres, or 3h Imp. quarts nearly; and 100 garniecs = 88 Imp. gallons: the becsksa is 25 garniecs. The Warsaw korsec, corn measure, of4cwiercs, 32 garniecs, or 128 kwartas, = 3*52 Imp. bushels ; and 100 korsecs = 44*02 Imp. quarters. The pound of 16 ounces, 32 loths, or 128 drachms, = 6259 troy grains ; and 100 Polish lbs. = 89*41 lbs. avoirdupois ; the stone is 32, and the centner 160 Polish lbs. Bul- lion is weighed by the Warsaw mark, = 3113 troy grains ; but coins by the Cologne mark. Monby. The integer of account is the silver ruble, which is divided into 100 copecs, and equal in value to 3s. 1 Jd. sterling ; or Ru. 6, cop. 40, = £1. Formerly accounts were kept in paper or bank rubles similarly divided ; but this practice was abolished by an Imperial ukase in 1839, which established the silver ruble as the only legal measure of value throughout the empire. This ukase fixed the exchange of paper into specie at the rate of 350 copecs in paper for 100 copecs in silver ; making the paper ruble worth 103d. sterling nearly. The coins are,— In gold ; imperials of 10 rubles, half-imperials of 5 rubles, double ducats, and ducats ; the only gold coin minted at present is the half-imperial, weight 97$ troy grains, fineness 88 zolotniks, or J.Uhs, and value 16s. 13d. sterling : In platina , pieces of 12, 6, and 3 rubles: In silver ; rubles, poltins or J rubles, polpoltins or i rubles, double grive of 20 copecs, single- grive of 10 copecs, and pieces of 15 and 5 copecs ; these are minted at the rate of 223 rubles of the fineness of 83^ zolotniks, from the Russian pound of fine silver : In copper ; pieces of 2, 1, and \ copecs. The gold coins are directed, by the ukase of 1839, to be received and paid in all government- offices, with an agio of 3 per cent. Thus, the half-imperial of 5 rubles is reckoned at 5 rubles 15 copecs in silver. Days of grace, 10 for bills after date, and 3 for bills after sight. The Julian Kalondar, or Old Style, is still used throughout the empire. Poland. — Accounts are stated in florins (zlots) of 30 gros, each of 10 fen. The polish florin, being valued at the rate of 84 to the Cologne mark of fine silver, is equal 5|d., but is common- ly estimated at 6d. sterling. Banks. Hie Imperial Assignation Bank, opened in St Petersburg and Moscow, 1770, and converted into a government establishment, 1786, has branches in all the principal towns, and circulates the national paper-money, sometimes called bank assignats, the amount of which outstand- ing, January 1, 1839, was 595,776,310 rubles = £28,370,300. The. notes for 100, 50, and 25 rubles are on white paper ; those for 10 rubles on pink paper ; and those for 5 rubles on blue paper. The proportional value of this paper money to silver is fixed at 3 J to 1, as already noticed. According to official accounts, the capital of this bank, January 1, 1839, was £1,386,465; the amount of their deposits, belonging to- pri- vate parties, £6,488,938, and to government offices, £15,777,421, including £10,350,630 to the Commercial Bank; and the amount of loans, £23,272,828, due partly to private parties, but chiefly to government offices. The Imperial Commercial Bank, founded at St Petersburg in 1818, partly under mercantile direction, has a capital of 30,000,000 paper rubles = £1,428,571. It receives deposits of coin and bullion, and has a department for transferring credits on the principle of the Bank of Hamburg. It is also a bank of discount, and makes advances upon merchandise of home production. Its pro- perty is protected against taxation, sequestra- tion, or attachment ; and subjects of countries with which Russia may be at war are entitled at all times to receive back their deposits. The bank has branches in all the principal commer- cial towns ; and in 1838, the gross amount of its operations was £60,240,917- There are likewise two Loan Banks ; — one established for the nobility, and another, a Lombard, for advancing money on pawn and otherwise, — the profits of which belong to the Foundling Hospital of St Petersburg. Finances. The Revenue accounts are not published, but its annual amount is estimated at about 380,000,000 paper rubles,or£ 17,000,000; of which 40,000,000 rubles are derived from a capitation tax of 4 rubles a-head on all male boors belonging to individuals, and on some descriptions of free- men ; 90,000,000 from the obrok or rent, paid I y all male boors on the crown estates ; 92,000,000 from customs duties ; 100,000,000 from spirit duties ; salt monopoly, 10,000,000 ; crown mines, 16,000,000; tax of 1| per cent, on the declared capital of merchants, 8,000,000 ; seignora.tre on coin, 8,000,000; stamps, licenses, and similar imposts, 7,000,000 ; and miscellaneous items, 9, (iio, 000 rubles. The taxes are partly farmed. Of the expenditure very little is known. The Rational Debt amounted, January 1, 1839, exclusive of the bank assignats in circulation, to 935,146,592 rubles = £44,530,790 ; consisting partly of terminable, and partly of interminable debts, at 5 and 6 per cent. Of the latter, there were redeemed, up to 1839, by the Commission- ers for the Discharge of Debts, £6,442,964. A considerable portion of the debt was contracted in Amsterdam and London ; the agents in the former place being Hope and Company, and in the latter, Messrs Rothschild and Baring Brothers. Transactions in the foreign debt are generally effected at the fixed exchange of 3s. Id. per silver ruble. RUSSIA LEATHER (Ger. Juften. Rus. Juft, Youft), the tanned hides of oxen, manufactured in a manner peculiar to that country. It is soft, has a prominent frain, considerable lustre, and peculiar odour. In colour it is generally red or lack ; the former is much esteemed for binding books, and making articles where RYE :',89 SAG a fine durable leather is required ; the latter is chiefly in demand in Russia for shoe and boot making. Both kind-:, when genuine, throw out a peculiar odour, occa- sioned it is said by their being tanned with larch bark, mixed with spirits of tar. RYE (Dan. Rug. Do. Rog. Fr. Seigle. Ger. Roa;:cn. Rus. Rosch, Sel, Jar), a species of grain (Seca/e cereale) resembling wheat. It is the bread-corn of Ger- many and Russia ; but in this country it is comparatively little cultivated, though in 17(55 it is supposed to have been consumed in England by about one-seventh part of the population. It is now raised chiefly in Northumberland and Durham ; though in the latter it is rarely grown alone, but mixed with wheat, in which form it is called mas/in. In Scotland it is sown in various places, particularly on poor moorish soils in elevated districts, for which it is well adapted. In Orkney and Argyllshire it is used exclusively for the manufacture of straw plait. s. SABLE (Fr. Zibeline. Ger. Zobel. Rus. Sobal), a species of weasel (Mustela zihellina), celebrated for the fine quality and rich colour of its fur, the hairs of which turn with equal ease in every direction. This animal is a native of North- ern Europe and Siberia. In Samoieda, Yakutsk, Kamtschatka, and Russian Lapland, it is found of the richest quality and darkest colour. [Furs.] SADDLES and Harness are made in "all the towns of the United Kingdom, but the chief seat of the manufacture is London. A progressive increase has of late years taken place in the foreign demand for these articles ; and the declared value of the annual exports is now nearly £100,000. They are sent chiefly to the West aud East Indies, and in smaller parcels to Australia", Cape of Good Hope, Spain, Brazil, and other countries. S SAFFLOWER (Fr. Cartame. Ger. Safflor. It. Zaffrone), the flowers of an annual plant (Carthumus tinctorius) growing in Egypt and the warmer parts of Asia, Europe, and America. They are of an orange-red colour, and are brought to this country in a dried state, for the sake of a dye which is extracted from them. About 5000 cwts. are annually imported, which, with the exception of from 300 to 500 cwts. from the United State's, are brought almost wholly from the East Indies. About half this quantity is entered for home consumption. Safflower is chiefly used for dyeing silk ; producing different tints of red and orange according to the altera- tives employed in combination. It also forms the basis of rouge. The dye is sometimes made into cakes, termed stripped safflotcer. S SAFFRON (Fr. Safran. Ger. Saffran. It, Zafferano. Sp. A zaj ran) consists of the summits of the pistils of the Crocus sativus, a bulbous plant, found in various parts of the S. of Europe and Asia, and cultivated near Saffron Walden in Essex. The pistils are generally dried and compressed into firm cakes, but the finest, called hag saffron, consists of the pistils merely dried. Cake saffron should be chosen fresh, neither dry nor very moist, close, of a fiery orange red colour, and an acrid diffusive odour. It should be preserved in a bladder within a tin box. The English saffron is superior to any that is imported. It is used as a colouring substance, and to a small extent in medicine. Meadow saffron is a bulbous plant (Colchicum autumnale) of a different kind, the roots and seeds of which are also employed medicinally. S SAGAPENUM, a gum resin, supposed to be a kind of assafoetida (Ferula Persica). It is sometimes agglutinated in masses of various sizes, but ought to consist chiefly of whitish shining grains, tenacious, and, when softened by heat, very viscid, having a smell resembling gum ammoniac, and a taste like assafoetida. It is inflammable, but less soluble in alcohol than in water. Sagapenum is used in medicine, holding a kind of middle place between assafoetida and galbanum. It is imported from Alexandria. SAGO, a farinaceous alimentary substance, obtained from the pith of several species of palm, found in the Eastern Islands and S. E. of Asia, The quantity yielded by one tree is very considerable, sometimes 500 or 600 lbs. The pith is excavated, separated from the filaments in water, and reduced to a pulp, which is baked into cakes, and in this state forms a principal article of food in the Eastern Islands. That which is imported, however, occurs in the form of grains, from having been passed through a coarse si ve, when half dry, upon hot plates of iron. Of this granulated kind there are two varieties — pearl sago, in small, hard, semi- transparent grains, about the size of a pin's head ; and the common or brown sago, in larger grains, about the size of pot barley. Both are inodorous, with an in- sipid taste. In many of its properties ssgo resembles starch. It is chiefly used as a light nutritive diet for children and invalids. SAI 590 SAL The best sago is the produce of Siak in Sumatra ; that of Borneo is next ; and the produce of the Moluccas, though greatest in quantity, is lowest in estimation. The great emporium of the trade is Singapore. The annual consumption of this country— in 1820 only 1400 cwts.— is now upwards of 55,000 cwts., arising mainly from the reduction of the duty from 74s. 8d. to Is. per cwt. S SAILCLOTH or CANVASS (Du. Zeildoek. Fr. Toile a voile. Ger. Segeltuch. Tt. Canevazza, Lona. Rus. Parussina. Por. & Sp. Loua), a coarse strong fabric, woven of hemp or flax. It is made in bolts, each of 28 ells or 35 yards ; and the qualities are numbered from No. 1, the strongest, used for storm sails, to No. 8, employed for the smallest ones, such as small studding sails, &c. Dundee is the chief seat of this manufacture in Britain. S ST HELENA, a small island of the S. Atlantic Ocean, subject to Britain. This unimportant island, which is only about 10J miles in length by 6i in breadth, derives its interest solely from having been the scene of Napoleon's imprisonment and death (1815-1821 ). The shores are rocky, and the interior is a lofty plateau, with a climate mild but unhealthy. At present it is chiefly used as a place of refreshment for ships proceeding northward ; and its commerce consists in the importation of ship-stores, not exceeding £50,000 a-year. The only town and port is Jamestown, in hit. 15° 15' S., long. 5° 46' W. , about 570 leagues N.W. from the Cape of Good Hope. SAL AMMONIAC. [Ammonta.] SALE is a contract by which the proprietor of some valuable commodity en- gages to transfer his property therein to another person, in consideration of a sum of money, called the price. The person who sells is called the vendor or seller, he who buys the vendee or purchaser. The essentials of the contract are — that there be a subject, that there be a price ascertained or ascertainable through some means agreed on, and that the parties be capable of contracting. The parties must be at one as to the subject ; for where A intends to sell malt, and B thinks he is pur- chasing corn, whatever claims may lie between the parties, there is no sale. If the agreement be founded on a fraud, it is void. The most ordinary description of fraud is deception or misrepresentation as to the state of the property. If the pur- chaser is aware, however, that a statement is a misrepresentation, it would appear that he is bound to the bargain ; for the fraud, though intended, has not been his inducement to purchase. Stipulations that sales shall not be void through mis- statements, and that the property must be taken with all faults, seem only to cover ordinary defects, but not to protect the purchase in the case of deliberate fraud. Where goods are sold by sample, they must correspond in quality. Con- cealment may be a fraud, as well as misstatement ; as, where a picture is sold among others which have belonged to an eminent connoisseur, the purchaser being led into the mistake that it belonged to his collection. It is a fraud to take advantage of imbecility or inebriety. " It seems to have been formerly held, even in equity, that a party entering into a contract when in a state of intoxication, was not entitled to relief, unless some fraud or contrivance had been practised by the other party ; but probably the contract would now be held void if the defendant could show that he was so drunk at the time that he did not know what he was doing, although the drunkenness was entirely his own act " (Morton, 135). There may be fraud on the side of the purchaser, which will vitiate the sale ; but his side of the contract does not admit of so many varieties of deception ; and it is very seldom that his act can be shown to have affected the foundation of the contract. If a man pur- chase goods, and, having money sufficient to pay for them, spends the money otherwise, in the full knowledge that he has no other resource from which they can be paid, it is undoubtedly a fraud ; but the contract is completed before it is done. There may, however, be circumstances showing a direct fraudulent design at the time of the purchase ; as, where payment is given in a fictitious bill or in a draft on a banker with whom the purchaser has no funds. In such a case, money or its equivalent being the consideration on which the vendor agrees to sell, and worthless paper being substituted, the contract is void ; and if the goods have changed owners, they may be reclaimed. When a fraud is discovered, if the party wishes to be rid of the bargain, he ought to take immediate steps for recovering what he has parted with ; if he endeavour in the mean time to get the bargain otherwise performed, he will probably involve himself in a new contract. Thus, in the case of a fictitious draft, if the seller, instead of re-demanding the goods, were to endeavour to get payment for them, he would be held merely as placing the contract on a different footing. A sale procured by force is vitiated. Sales involving a fraud against third parties, for immoral purposes, and contrary to public policy, are void. [Contract.] There are certain requisites of the article sold, generally termed Implied warranties, in opposition to Express warranties, which are explained below. There SAL 591 SAL can be no implied warranty, however, as to the general qualities of the article. Of these it is the purchaser's duty to satisfy himself. In ordinary language, " his eye is his merchant ;" and implied warranties resolve themselves into two conditions,— 1st, That the subject is the vendor's own and at his free dis- posal ; and, 2d, That it is what he sells it for. A thing stolen or found is not at the lawful disposal of the thief or finder, or of any person deriving right through them ; but in England there is an exception in favour of a fair purchase* in market ocert or in open market. In the city of London, every day except Sunday is a market day ; and every shop or place in which goods are exposed for sale isthe market, in as far as respects the kind of goods there sold. A wharf in London is not a market overt. In Bristol, and wherever a special custom to that effect is established, shops are market overt for their particular commodities ; but in the country, generally, market overt is only held on particular days, and in a particular spot." A sale in a backroom or warehouse, or in a room shuttered up, or during the night-time, will not give the protection of market overt ; and if the purchaser is aware of the bad title, the sale is vitiated, wherever it takes place. The doctrine of market overt does not extend to Scotland. There " the possessor of goods which have been stolen by him, could not make a valid sale of them in any circumstances, because by our law no such privilege is attached to sales in open market as in England ; and the seller never having had a title to the property of the goods sold in himself, could not give such a title to a purchaser " (Brown on Sale, 29). As to the other implied warranty, that the subject is what it is sold for, it is now no longer law that the amount of the price infers a warranty that the goods shall be of a certain quality. Where it is consistent with commercial practice to specify any particular kind of defect, omission to state it is held a warranty of soundness. Where the article is supplied for a particular purpose, there is an im- plied warranty that it is of the kind applicable to that purpose ; so, when ale is purchased for the West India market, it must be suited to stand the climate ; and if a horse is purchased for riding, a draught horse, however valuable, will not be a fitting substitute. Where a bargain is annulled on such a ground, however, it must be distinctly known that the special purpose was understood between the parties, and that the buyer was ignorant that what he has purchased is unsuitable. Where a warranty is express, the sale is vitiated if it prove false, whether the pur- chaser is aware of its falsehood or not. Form. — The essentials of sale are— that the parties consent to the bargain ; and, in the general case, evidence of that consent completes the transaction. In some cases, however, the law has required certain formalities, without which no sale takes place. Real property cannot be sold in any part of the kingdom without the intervention of writing. The Registration Act provides specifically a form, which can- not be departed from, in the vendition of ships, which will be found fully set forth in the abridgment of that act. In other respects, the contract of sale is in Scotland open to verbal evidence of consent : in England, however, it is regulated by the Statute of Frauds, 29 Ch. II. c. 3, as follows :— By § 17, " no contract for the sale of any goods, wares, and merchandises, for the price of £10 or upwards, shall be good, except the buyer shall accept part of the goods so sold, and actually receive the same, or give something in earnest to bind the bargain, or in part of payment ; or that some note or memorandum in writing of the said bargain be made and signed by the parties to be charged by such contract, or their agents, thereunto lawfully author- ized." By 9 Geo. IV. c. 14, § 7, this section is extended to sales, " notwithstanding the goods may be intended to be delivered at some future time, or may not, at the time of such contract, be actually made, procured, or provided, or fit or ready for delivery, or some act may be requisite for the making or completing thereof, or rendering the same fit for delivery." Sales by auction are ruled by the statute. [Auction.] " It is said that a sale of stock is within the statute, though this has been doubted, because there can be no actual delivery " (Morton, 53). It would appear that sales of shares in public companies are not within the statute. The delivery must be accompanied by acceptance on the part of the purchaser ; so, where one ordered several articles in a shop, some of which he marktd with a pencil, while others were measured in his presence, and in pursuance of his directions the whole were sent to his house, but he refused to receive them, it was no sale (Astey c. Emery, 4 M. § S., 262). Where two distinct kinds of goods are purchased, delivery and acceptance of part of one kind will not affect the whole. Constructive delivery may take place as to bulky articles, e. g. by delivery of the key of the ware- house, or by marking the purchaser's name on the goods. It is not sufficient de- livery, however, that goods are measured or even set apart. Delivery to an agent of SAL 592 SAL the purchaser, such as a carrier, if with the purchaser's knowledge and assent, ia sufficient. Earnest is another alternative. It must consist of the giving away of something valuable, and not of a mere sign or ceremony, such as crossing the hand with a shilling. Another criterion by the act, is a written note or memorandum of the bargain, signed by the parties or their agents. Much latitude is allowed in inter- preting this provision. The meaning of a variety of documents may be taken con- jointly to prove a sale ; but parole evidence will not be admitted to control such meaning, though it may be employed to identify the handwriting. The price ought to appear in the writing, if it has been in the view of the parties. It is not neces- sary that the signatures should be the formal autographs at the end of the docu- ment which generally receive that designation. " I, A B, agree to sell," or " Mr A B has agreed," &c, is a sufficient signature by A B. The names of both parties must appear on the writing ; but the signature requires to be only by the party charged. An agent signing need not be authorized in writing. [Principal and Agent.] An auctioneer is an agent in the meaning of 'the statute. [Auction.] Delivery. — According to Blackstone, " as soon as the bargain is struck, the pro- perty of the goods is transferred to the vendee " (ii. 448). The seller is after that their mere custodier ; and if they perish their loss falls on their new proprietor, viz. the purchaser. In Scotland a different doctrine is followed, in pursuance of the civil law. There " the property of the thing sold is not transferred from the vendor to the vendee by the mere operation of the contract. . . . Delivery is necessary to change the property " (Brown, 3). The distinction, however, is little more than nominal. In England, the seller retains a lien on the thing sold for the price, and thus obtains the remedy which he has in Scotland by continuing to be the proprietor ; and in both countries, goods continuing in possession of the vendor after he becomes bankrupt, accrue to the benefit of his creditors. The removal of the goods, at however short a period before bankruptcy, will be suffi- cient to take them out of the bankrupt estate. Symbolical delivery will be sufficient in the case of bulky articles, but it must be of a more distinct nature than the sort of delivery required by the Statute of Frauds to complete the contract. Trans- fer of the name in the books of a wharfinger, the assignment of a bill of lading, or of any sort of transfer-ticket, is delivery. It would appear that a marking of the purchaser's initials will not transfer the goods in the seller's warehouse ; but that such an act of appropriation as bottling wine in the premises of the seller, and sealing the bottles with his (the buyer's) seal, will be sufficient. Possession by an agent is possession by his principal. The seller may specifically appropriate the goods to the purchaser, by giving directions to transmit them, and may thus take them out of his bankrupt estate. When the goods are in the hands of the purchaser or his agent, they become part of his estate, and go to the creditors on his bank- ruptcy. Goods sent on sale and return are part of the estate of the bankrupt consignee, unless they have been left unpacked, and without any right of owner- ship being exercised over them. Price, &c— It is the duty of the seller to perform his share of the contract, by delivering the property, or giving the purchaser all facility in taking possession ; and if he refuse, the purchaser may in England bring assumpsit for non-delivery. In doing so he must prove that he has performed all the conditions incumbent on him ; and especially that he has paid, or tendered payment of the price, unless the sale be on credit. In this latter case the vendor has no lien, and cannot refuse delivery, except in the circumstance of the goods being left in his possession until the period of credit expires. It is the duty of the purchaser first to take delivery of the goods, and then to pay for them. The vendor, if he have performed his own share in the contract, may sue him, fos goods bargained and sold, if the property be delivered, in which form he will recover his entire price, or specially upon the contract, in which case ho will recover the amount of damages which he has actually sustained. In Scotland, there is no such distinction in the form and effects of the action, which is, in all cases, an ordinary suit for performance of the contract, or for damages, the result being moulded to the circumstances. If credit is stipulated for, an action for goods sold cannot be brought until the period of it has expired, even though the vendee should have left unperformed some special condition stipu- lated for in the mean time (as, that he shall give a particular bill) or though he have given unequivocal tokens of a fraudulent intention not to pay ; the remedy in such case is an action of trover for recovery of the goods, on the nullity of the contract, as above. If the purchaser show that he has taken the proper means to effect payment, it will lie on the vendor to show that he has not been paid, by proving that the money intrusted to a carrier did not come to hand, or that a bill sent in SAL 593 SAL payment was dishonoured. If the vendor have taken a bill, he gives credit, and cannot recover on the original transaction, until the bill is dishonoured, unless it be fictitious, or be otherwise unavailable, as, for want of a stamp. If the bill be lost, the seller can sue on the original contract, securing the vendee against having to pay the amount to a third party. If the seller have given directions for transmitting the money in a particular manner, the buyer, by complying with the directions, and using all due caution, relieves himself of responsibility, — any loss which may occur falling on the seller ; as, where it was agreed that the purchase- money should be transferred in the books of the mutual banker of the parties, who thereafter failed (Eyles v. Ellis, 4 Bingh. 112). Payment to the proper agent of the seller will release the buyer. When no price is named, the market price, or, as it would seem, the lowest price at which such goods are sold, will be the cri- terion : if the vendee take means to suppress information on this point, the pre- sumption will be in favour of a high price. [Factor. Principal and Agent.] {Morton on Vendors and Purchasers. Smith's Mercantile L., 393-431. Brown on Sale.) SALEP, an alimentary powder obtained from the dried roots of the Orchis plant {Orchis mascula). It is a common article of diet in Turkey and Persia. SALM A, a measure of capacity in Malta, Naples, and Sicily. SALMON, a fish (Salmo salar) common in the rivers of Britain, Ireland, and other northern countries. When young it is called " smolt ; " " salmon peal" when a little older but under 2 lbs. weight ; and " grilse" when still larger. When full grown it weighs generally from 6 to 12 lbs. ; but it has been caught so large as 83 lbs. Salmon pass the summer in the sea, or near the mouths of the estuaries ; in autumn they instinctively ascend the rivers, and deposit their spawn in the upper and shallow pools about the end of the season. After spawning they are unfit for food. They descend the rivers with the floods at the end of winter or beginning of spring, and ultimately gain the sea, where they quickly recover their con- dition. The first attack made upon them is in the summer months, when they rove close along the coast in quest of the rivers in which they annually cast their spawn. They are then, as well as in the estuaries, caught chiefly by stake- nets ; whereas in the rivers they are taken by coble-nets and other devices. The season of the migration of the salmon varies, depending, as some allege, on the warmth of the waters. The northern rivers are, with little exception, the earliest ; the number caught in the spring is small compared with that taken as the summer advances. The progress of population and manufactures has rendered the salmon scarce in England ; but the fisheries in the Tay, Tweed, Don, Dee, and other rivers in Scotland, though less extensive than formerly, still send an annual supply of be- tween 2,000,000 and 3,000,000 lbs. to London ; and they continue plentiful in the Erne, Moy, Bann, Blackwater, Shannon, and nearly all the principal streams along the N. ana W. coasts of Ireland. The fish are carried to town in a fresh state, packed in ice, from Scotland and Ireland ; and the quantity pickled at the fishing stations is now exceedingly small. They are consigned to commission agents, who charge five per cent., and run the risk of all bad debts. The average wholesale price for the season in the metropolis is about lOd. per lb. The salmon fishings are private property, and many of them are of great value. Much discussion has frequently arisen regarding the duration of the close time and the modes of fishing in different parts of the rivers. In Scotland the prohibited period extends on the Tweed from October 15 to February 15 ; and north of the Tweed, from September 14 to February 1. Heavy penalties are imposed on the taking of spawn, fry, or unclean fish (24 Geo. II. c. 23 ; 9 Geo. IV. c. 39). S SAL PRUNELLA. [Nitrate of Potash.] SALT (Du. Zout. Fr. Sel. Ger. Salz. It. Sale. Por. & Sp. Sal. Rus. Sol), the muriate of soda or chloride of sodium of chemists, is a well-known substance, of the highest utility. It crystallizes in cubes. When pure it is not deliquescent. One part is soluble in 2|ths of cold water, and in little less of hot, so that it cannot be crystallized but by evaporation. Specific gravity, 2'125. Salt abounds in various parts of the globe. The waters of the ocean every where contain it, though in different proportions. In England and elsewhere it is found in large masses, or in rocks under the earth. In other instances brine springs afford the means of a ready supply ; and throughout a considerable part of the sandy districts of Africa and Asia, the soil itself abounds with it. Sea-salt is obtained in three ways ; ]st, In countries having a long and hot summer, and a soil neither muddy nor porous, it is formed by solar evaporation from sea-water collected into pools. In this 2 P SAL 594 SAL manner it is prepared in Spain, Portugal (particularly at St Ubes), France, and various places on the Mediterranean ; in India, Ceylon, Siam,Tonqu in, and China ; and from all these parts, except the last, large quantities are exported. 2d, In some countries, having a similar climate and soil, it is formed by solar evaporation in natural pools which spring-tides have previously filled with sea-water. This kind, chemically purer than that first described, is produced and exported in freat quantities from the Cape de Verde Islands ; from Turk's Island, and St lartin's in the West Indies ; and from Kangaroo Island on the S. coast of Australia. In these places it is raked or scraped into a heap, and is at once fit for exportation. These two kinds of salt are known under the name of bay-salt. 3rf, Salt is manufactured by artificial heat from sea-water ; but the process is ex- pensive, and the result chemically impure. In this manner considerable quantities were formerly manufactured at Lymington in Hampshire, and various other places in this country ; but, since the abolition of the duties, these works have been either abandoned or greatly reduced. In a commercial point of view, perhaps the most important source of supply consists of rock-salt and brine-springs. In England, the brine-springs and beds of rock-salt are of such extent as to be alone sufficient to supply the whole world for an indefinite period. They are situated chiefly at Northwich and other places contiguous to the river Weaver in Cheshire, and at Droitwich in Worcestershire. In these places the brine-springs, from which by far the largest supply of salt is obtained,have been worked from a very remote era ; but the discovery and working of the fossil salt are comparatively of modern date. The produce of both kinds, however, has been of late years much increased ; and the English salt-trade is now an ob- ject of great national importance. Besides the immense home consumption, upwards of 12,000,000 bushels, exceeding in value £200,000, are annually exported, chiefly to the United States, Canada, Russia, Prussia, Germany, Holland, Denmark, Bel- gium, and the western coast of Africa. Salt is of most extensive use as a preservative of food and as a condiment ; as a source of soda, muriatic acid, and chlorine ; and for various agricultural and horticultural purposes. Its comparative value is de- termined by its purity and its fitness for use. That kind which possesses most eminently the combined properties of hardness, compactness, ana perfection of crystals, will be best adapted to the purpose of preserving provisions, because it will remain permanently between the different layers, or will be very gradually dissolved by the fluids that exude from the several substances ; thus furnishing a slow but con- stant supply of saturated brine. On the other hand, for the purpose of preparing the pickle or of striking the meat, the smaller-grained varieties answer equally well, or, on account of their greater solubility, even better, provided they be equally pure. The tax on salt in Britain was formerly so high as 15s. per bushel ; but in 1823 it was reduced from that rate to 2s. ; and in 1825 it was wholly repealed. The retail price of the mineral has in consequence been reduced from 4^d. to jd. per lb. S SALTPETRE. [Nitrate of Potash.] SALVAGE, in the law of shipping, is a remuneration to those who, by gratui- tous exertion or risk, save a ship or cargo, or any portion of them, from destruction by the elements, or from loss by capture. It is not due to those who are bound by law and contract to exert themselves on the occasion ; and thus the master and crew can have no salvage for services in protecting their own vessel. When a vessel is captured, salvage is due on her recapture. Salvage is due, moreover, in cases where accident rather than exertion or risk has enabled the party to preserve the property ; as, where portions of ship's apparel, anchors, or merchandise, are picked up at sea. Passengers are not in the general case entitled to any reward for assistance in saving the vessel, in the safety of which their own lives, or at least their comfort and convenience, are embarked ; but the passenger is not bound like the mariner to stick to the vessel ; and if he remain when he could depart, and perform gratuitous and perilous services, he is entitled to a consideration. " If the preservation of life can be connected with the preservation of property, whether Dy accident or not, the Court of Admiralty can take notice of it, but has no power of remunerating the mere preservation of life, which must be left to private bounty " {Abbot, 508). There is no rule for estimating the amount of sal- vage in all cases ; nor, from the nature of the claim, does any fixed rule seem capable of being applied. Where the amount is disputed, the jury, or (as in the cases mentioned below) the justices, must consider the whole circumstances, and award accordingly. The master and crew of the vessel — the individuals, in short, who have exerted themselves or incurred personal risk — are those who are primarily entitled to the salvage allowance ; but where their ship has been put in peril, or SAM 50o SAN has suffered from wear and tear, the owners are entitled to a proportional com- pensation. Where third parties interfere to assist in a salvage, there must be a clear case of necessity for their aid, to justify their claim for a share of the salvage- money : but it is a rule that, in case of preservation from an enemy, a vessel of war, if in sight, shares in the salvage. The property actually benefited is charged with the expense ; and so freight is chargeable, if it was earned, and has been preserved by the act of the salvors. When property wrecked or abandoned at sea is found and taken possession of, the finder has a lien on it till a reasonable salvage be tendered to him. Where, how- ever, the parties whose right and duty it is to protect the property are present, other parties are not entitled to take possession of it, or to interfere, except as assistants. By an old statute (12 Anne, stat. 2, c. 18), sheriffs, justices, mayors, bailiffs, heads of corporations, constables, head-boroughs, and tithing-men, are bound to give assistance at the call of the commander of a ship in distress on the coast, and to demand assistance from the people in the neighbourhood or from vessels at anchor. By the same act, the salvors in such a case must be paid a reasonable reward within 30 days, — the property saved remaining for security in the custody of the custom-house officers. If the parties disagree, they may name three justices as arbiters. By 26 Geo. II. c. 19, § 5, a similar remedy was given to parties voluntarily giving their services without being commanded by official persons.* In England, the jurisdiction in salvage cases, other than as above, is in the Court of Admiralty, where the service is performed at sea or between high and low water mark (1 & 2 Geo. IV. c. 75, § 31). In Scotland, it is in the Court of Session. An act applying solely to England (1 & 2 Geo. IV. c. 75) regulates the disposal of wrecked or abandoned property found at sea by pilots and others ; and applies the arrangement stated above of the arbitration or three justices to ques- tions of salvage in such case, and to all disputes respecting remuneration for service done in the preservation of property or life on the coast. There is an appeal to the Court of Admiralty. There is a special statute, making similar provisions for the Cinque Ports (1 & 2 Geo. IV. c. 76). There are directions for the sale of goods to meet claims of salvage in the Customs Regulations Act. [Customs, §49.] {Abbot on Shipping, 493-530 ; Statutes quoted.) SAMPLE, a small specimen of any kind of merchandise. SAN DAL- WOOD, an aromatic wood, much used in India and China for cabinet-work, toys, and perfumes, also in medicine. It is obtained from a small tree (Santalum album), resembling the myrtle, found in Malabar, in Timor, and in the Sandwich and Fijee Islands ; the produce of the first is that in most esteem. White sandal is the exterior part of the tree ; and yellow sandal the interior. The last, which has most hardness and fragrance, should be selected in large pieces : the billet nearest the root, called root sandal, is of superior quality. This commo- dity improves by keeping. SANDARAC, a resinous substance procured from a large tree (Callitris quad- rivalvis) found in Temme in Morocco, where it is called arar. It occurs in yel- lowish-white tears, or in small masses ; and is used as an ingredient in varnishes and incense, and, when reduced to a powder, forms the article called pounce. SANDWICH or HAWAII ISLANDS, a group situate in the Pacific, betwixt lat. 18° 54' and 22° 15' N., and long. 199° 36' and 205° 6' E. They were discovered by Cook in 1778 ; and consist of 11 islands, of which 7 are inhabited. Population in 1836, 108,000. Government, an hereditary despotism. S These islands are of volcanic origin, and in respect of climate differ little from the W. Indies, though they are more temperate. The soil is generally fertile; and the natives mild, honest, docile, and enterprising, having been reclaimed from the barbarous habits which formerly pre- vailed. The islands are favourably situated for trade, being in the route between America and China ; and they have of late become an entrepot for the commerce of the N. W. coast of Ame- rica, as well as a place of refreshment for the whalers in the Pacific. The chief pert is Honoruru, situate in Oahu, where consuls from Britain and the United States reside. It affords facilities for the repairing of ships. Imports — manufactured goods, sheathing copper, ship-stores and provisions, tea, sugar, skins, hides, lumber, furs, pearl-shell, turtle-shell, arrow-root, and cocoa- nut oil. Exports — salt and sandal- wood, besides provisions and other supplies to whale-ships, and foreign merchandise re-shipped to California, the Russian settlements, Mexico, the South Sea Islands, Europe, and the United States. In 1835, the value of imports was £95,250; of exports, £<)2, (175. The goods imported were brought by 34 vessels, the tonnage being 5623 ; besides which, 7" whale-vessels visited the port. A commercial treaty was concluded between Lord E. Russell, captain of the Actaeon,and King Tamehameha III. * There is a question whether this is repealed by 6 Geo. IV. c. 105, § 100. There is a like provision in the 37th sect, of the 1 & 2 Geo. IV. c. 75, applicable only to England. SAP 5C6 SAR SAPAN-WOOD, a dye-wood similar to Brazil-wood, but containing much less colouring matter. It is the product of a thorny tree (Ccesalpinia sapan), indigenous to S. India, Siam, Pegu, and the Eastern Islands ; from whence about 16,000 bazar maunds were in the year 1838 imported into Calcutta, about one-fourth of which was re-exported to England. SAPPHIRE, a beautiful precious stone, and, after the diamond, the most valuable of gems. It occurs crystallized in six-sided prisms, variously terminated, and in rolled masses, which are colourless, or of a blue-yellow or yellowish-green tinge, and transparent or translucent. The most highly prized varieties are the crimson and carmine-red. The stones called oriental ruby, oriental topaz, oriental amethyst, and oriental emerald, are red, yellow, violet, and green sapphires, distin- guishable from the other gems of the same name, without the prefix oriental, by their superior hardness and greater specific gravity. It is found in Pegu, France, and Germany ; but the finest are brought from Ceylon. The sapphire oVeau of jewellers is a transparent iolite from Ceylon. SARCOCOLLA, a gum resin produced in N. Africa, Persia, and Arabia, by a shrub, the Pencea sarcocolla. It occurs in small whitish- yellow grains, of a bitter taste, and is celebrated for conglutinating wounds. SARDINES, a species of anchovy (Engraulus meletta, Cuv.) common in the Mediterranean. It tapers very much towards the tail, and is of a dark brown colour. Sardines are frequently mixed with anchovies, but they are much inferior. SARDINIA, KINGDOM OF, comprises the N. W. part of Italy, bounded N. by Switzerland, E. by Lombardy and Parma, S. by Gulf of Genoa, and W. by France ; also the island of Sardinia in the Mediterranean. Area, 29,102 sq. miles. Population in 1838, 4,650,368. Capital, Turin, an inland city; pop. 114,000. Government, an hereditary monarchy, nearly absolute. S Of the continental part, the most extensive and fertile is Piedmont, consisting of the upper basin of the Po, from which, and its affluents, the country, though naturally parched by heat, is so ex- tensively and skilfully irrigated, that it yields a surplus of corn, cattle, French beans, and hemp : its chief other products are wine, fruit, and, above all, silk of the finest quality. Savoy, separated from the preceding by the Alps, is a poor hilly country. And the narrow maritime districts of Genoa and Nice, divided from Piedmont by the Apennines, are also hilly and rocky ; but have a south aspect highly favourablefor the olive. The mineral wealth of these territories has been little explored. Iron, lead, copper, and other metals are said to abound; and marble and alabaster are both plentiful and largely exported. There are some iron-works ; but the principal manufac- tures are those of silk, velvets, and hosiery, mostly consumed in Italy, coarse woollens and linens, canvass, cables, paper, glass, and works of art. The island of Sardinia, though exceeded by few regions in natural fertility, is at present the least valuable portion of the kingdom ; both the country and the population being, from a variety of causes, still in a semi-barbarous state. There is, however, a surplus of corn for exportation ; in good years, according to Mr Macgregor's Report on Sicily (p. 71 )> to the amount of 500,000 bushels wheat ; 250,000 of barley ; and 370,000 of pease and beans. The chief other products are wine, skins, linseed, flax, olive-oil, wool, and barilla. The fisheries on the coast are of some im- portance, particularly those of coral and tunnies. We possess no very recent or authentic account of the maritime commerce of the Sardinian states. It centres in Genoa, which, besides being the great seat of their export and import trade, is the channel through which much of the foreign trade of Switzerland and other neighbouring countries passes, and is, next to Leghorn, the chief entrepot for Mediterranean commerce gene- rally ; to all which facilities are afforded by the abolition of transit-dues on goods passing through the states, low duties on consumption, and the establishment at Genoa of porto- franco, or bonded warehouses. In this way, olive-oil, wheat, sugar, coffee, cottons, woollens, linens, cotton wool and yarn, silks, indigo, salt-fish, drugs, hides, tobacco, wine, cheese, and other principal articles of trade, appear on the public accounts both as imports and exports. In 1835, the maritime imports amounted to £4,800,000 ; the exports to £3,440,000; and the aggregate amount of shipping en- tered was 2927 vessels, 268,109 tons. Of the shipping, 87 vessels, 15,068 tons, were from the United Kingdom, with which a treaty was concluded September 6, 1841, placing the ships of the two states on a footing of reciprocity as to privileges. Ports. — Genoa, styled from its magnificent appearance la superba, is advantageously situated in the bay of the same name, lat. 44° 24' N., long. 8° 54' E. Pop. 97,000. The harbour, formed by two moles, is accessible to large vessels. It was in the middle ages the rival of Venice; and its trade is, from the circumstances already noticed, still very considerable. Its chief commercial relations are with Britain, France, the Austrian and Neapolitan states, and Sicily; but it has also an active intercourse with the Russian ports of the Black Sea, from whence wheat, wool, and other articles are imported ; the Levant ; and Brazil, from which sugar, coffee, and other tropical pro- ductions are brought. Its trade is mostly carried on under the national flag, — the Genoese being distinguished for maritime enterprise. In 1835, the value of the imports into the arrondissement of Genoa was £3,840,<>00 ; and of the exports £2,520,000. Nice lies about 90 miles S. \V. of Genoa, mar the borders of France, lat. 43° 41' N., long. 7° 17' E. Pop. 34,000. The port, accessible for vessels of 300 tons, is spacious and secure. Imports, com, wine, manufactured goods, salt-fish, and colonials. Exports, olive-oil, fruit, &c. From 80,000 to 100,000 tons of shipping enter annually, chiefly national and French. Cagliari, in the island of Sardinia, lies in a gulf on its S. side, in lat. 39° 12' N., long. 9° 7' E. Pop. 26,000. There is excellent anchorage, and a pier harbour. Exports, the produce of the island already described ; imports, chiefly manufactured goods and tropical produce. SAR 597 SAX Measures, Money, Finances, && Measures and Weights. — In Genoa, the braccio of 2£ palmi = 22-69 Imp. inches ; the canna piccola used by tradesmen = 9 palmi, the canna grossa used by merchants = 12 palmi, and the custom-house canna = 10 palmi. The mezzarola wine measure of 2 barili or 100 pints = 32-67 Imp. gallons ; the oil barile of 4 quarti or 64 quarteroni = 14-23 Imp. gallons. The corn mina of 2 quarti or 96 gombette = 3*31 Imp. bushels. 100 lbs. peso sottile (used for commo- dities of small bulk) = 69-85 lbs. avoird. ; 100 lbs. peso grosso = 76*88 lbs. avoird. ; the rottolo = 1 J lb. peso grosso. In Turin, the raso or ell ■*= 23-60 Imp. inches. The mile of 800 trabucchi = 2697 Imp. yards ; and the Piedmontese mile = 2/71 Imp. yards. In Cagliari, the raso or ell = 21-63 Imp. inches. The restiere, corn measure, of 3 starelli, = 4-04 Imp. bushels. The cantaro of 4 rubbi, or 104 lbs., -= 91 lbs. avoirdupois. Money. — Accounts are now generally stated in Italian livres (or lire nuove) , of 100 centesimi. The lira nuova is a silver coin, equal in value to the French franc, or Sid. sterling. The other coins, since 1827, have also been similar to those of France. Prior to 1827, accounts were stated in Genoa in tirefuori banco of 20 soldi or 240 denari ; and 5f fuori banco were reckoned equal to 1 pezza of exchange. 5 lire nuove = 6 lire fuori banco. The usance of bills from London is 3 months' date. There are no days of grace ; but 30 days The giornate of 100 tavole = 33 Imp. roods | are allowed to the holder of a bill to demand nearlv. The brenta of 6 rubbi = 12*41 Imp. payment. gallons; the carro of oil is 10 brente. The corn | In Cagliari, accounts are stated in lire of 4 sacco of 3 staje = 3*17 Imp. bushels. The pound j reali, or 20 soldi ; and 10 reali, or 2| lire, = 1 of U mark = 5693 troy grains ; and 4 rubbi, or scudo, worth about 3s. 7 Id. sterling. 100 lbs. = 81*33 lbs. avoirdupois. Finances — The Revenue in 1839 was about In Nice, the ell = 46*77 Imp- inches ; the \ £2,960,000 ; and the expenditure nearly the charge, liquid measure, of 12 rubbi, = 20*75 ! same. Debt, £'5,800,000 ; bearing interest at 4 Imp. gallons ; the charge, corn measure, of 4 ! and 5 per cent. The credit of this state is high, setiers, = 4-40 Imp. bushels; the quintal of 6 owing to the progressive liquidation of the debt, rubbi or 150 lbs. = 103*14 lbs. avoirdupois. ' and the punctual payment of the interest. SARDONYX, a species of agate ; being a variety of onyx, in which the opaque white alternates with a rich deep orange brown, of considerable translucency ; and as this is of rare occurrence, the sardonyx is of greater value. The finest are brought from the East. SARSAPARILLA, the root of different species of Smilcuc, an evergreen climbing shrub, growing in the tropical parts of America. It is several feet in length ; about the thickness of a quill, with joints at short distances. The cuticle is brown ; the cortical part or bark, in which the virtues solely reside, is white, gray, or reddish, and of considerable thickness ; the wood and pith are white. It has a glutinous bitterish taste, and no smell. The commercial varieties are — 1st, Honduras, composed of very long roots, often doubled in the bundles ; 2d, Jamaica, distinguished by its red colour, and the presence of its radicles ; M, Brazilian or Lisbon, without radicles, in bundles, and more dressed than the others ; 1th, Caraccas, also much dressed. Sarsaparilla is celebrated for its use in chronic syphilitic, rheumatic, gouty, and cutaneous diseases ; and about 140,000 lbs. are annually entered for home consumption. SARSNET, a plain silken fabric, now chiefly employed for linings. SASSAFRAS, a tree (Lauras sassafras) found in N. America, Jamaica, and Cochin-China, the root of which is imported for its use in medicine. It occurs in long branched pieces, spongy, of a rusty white colour, a smell resembling fennel, and a sweetish, aromatic, subacrid taste. It yields in distillation a fragrant essential oil, of a whitish-yellow colour, and so ponderous as to sink in water. SATIN ( Fr. Satin. Ger. Atlass. It. Raso. Por. Setim\& soft, closely woven, twilled, silken fabric, with a glossy surface. Figured satins are manufactured by means of the Jacquard machine, of the most beautiful textures and patterns. After being taken out of the loom they are dressed by being rolled on heated cylinders, which imparts to them the beautiful lustre for which they are distinguished. Chinese satins are esteemed for the quality they possess of being easily cleaned and bleached ; but in other respects they are inferior to those manufactured in Europe. The finest satins have long been made in Spitalfields. [Silk Manufacture.] SATIN-WOOD, a cabinet-wood, well known for its glossy yellow shades. It occurs in logs of 2 feet wide, and 7 or 8 feet long ; but is now little used. SAUNDERS-RED, a heavy insipid dye-wood, the product of a useful timber tree (Pterocarpus santalinus), found in Malabar, Mysore, Timor, and Ceylon. It is im- ported occasionally in large billets, of a reddish colour. It communicates a deep red to alcohol, but gives no tinge to water. SAWS (Fr. Scies. Ger. S'dgen. It. Seghe. Vor.Serras. Rus.Pi/t. Sp. Sierras), well-known instruments manufactured on a great scale at Sheffield, from whence they are sent to all parts of the world. [Iron Manufactures.] SAXONY, an inland German kingdom, lying between the Prussian and Aus- trian states. Area, 5759 sq. miles. Population in 1840, 1,706,276. Capital, Dresden ; pop. 70,000. Government, a constitutional monarchy, with a senate and house of representatives. S SCA 598 SEA The country is traversed by the Elbe, navigable throughout for barges. The S. frontier is mostly formed by the Erzgebirge or Ore Mountains, the undulations and ramifications of which extend over the greater part of the country ; though leaving a level tract along the N. part of the king- dom. Every spot capable of yielding a return is cultivated ; but, except her celebrated wool, no agricultural produce is exported, owing to the great density of the population, which is chiefly engaged in mining, manufactures, and commerce. The principal metals are silver and iron ; with lead, bismuth, arsenic, antimony, cobalt, and manganese : coal also is worked near Dresden. Of manufacturing industry the most important branch is that of cotton, which, as well as the others, has greatly expanded of late years, owing partly to the extraordinary cheapness of labour which has attended the extension of potato cultivation, and partly to the markets of Prussia and other parts of Germany having been opened up to the manufacturers by the Zollverein, which has benefited Saxony beyond any other of its members. [Prusso-German Customs Union.] Most kinds of cotton fabrics are now produced ; printing works are on the increase ; and the rotton hosiery now competes with that of England in the American markets. The chief other manufactures are those of linens and woollens ; but almost every article of luxury or use is made in Saxony, which, in respect of industry and civilisation, is the most advanced of the German states. Saxony being now, commercially, united to other states by the Zollverein, we can give few details regarding its individual trade. It consists mainly in exchanging its manufactures, mineral products, and wool, for corn, salt, raw cotton, yarn, silk, flax, hemp, paper, fish, tropical pro- duce, and fancy goods. It centres chiefly in Leipzic, to the fairs of which immense quantities of foreign commodities are likewise brought for the supply of other parts of the Continent. Of these fairs there are three ; — New Year's Fair, which begins January 1 ; Easter or Jubilate Fair, on the third Sunday after Easter ; and Michaelmas Fair, on the Sunday after Michaelmas : the last two are the greatest. Besides merchants from all parts of Europe, these fairs are frequented by all the German booksellers, — Leipzic, after London and Paris, being the chief literary mart of the world. lbs. = 113-23 lbs. avoirdupois. The mark = 3602 1 troy grains. The preceding are the Dresden standards, which are now general throughout the kingdom. Money. — The integer of account since January 1, 1841, has been the Prussian thaler or dollar of 30 new groschen = 2s. 10|d. Finances.— The budget (1840-1842) gave the receipts at 5,500,297 dollars; and the expenses at 5,424,755 dollars. The debt in 1839 was 11,250,000 dollars. [Germany.] Measures and Weights. — The ell = 22*30 Imp. inches, and 100 ells = 61*96 Imp. yards. The Saxon or police mile of 2000 ruthes = 9914 Imp. yards. The morgen or acre of 300 square perches = 1 Imp. acre, 1 rood, 18 poles. The eimer, liquid measure, of 72 kannes, = 14*84 Imp. gallons ; the ahm is 2, the oxhoft 3, the fass 5, and the fuder 12 eimers. The corn scheffel = 2*859 Imp. bushels ; and the wispel of 2 mat- ters, or 24 scheffels, = 8*58 Imp. quarters.; the last of wheat or rye contains 6 wispels ; the last of barley or oats, 2 wispels. The centner of 110 SCAMMON Y (Arab. Sukmoonia. Fr. Scammonee. It. Scammonea), a medici- nal resin, resembling jalap, is the inspissated juice of the root of a plant (Convol- vulus scammonia) indigenous to Syria. Three kinds occur, — Aleppo, the best, in spongy masses, of a glossy dark ash colour, peculiar heavy odour, bitter acrid taste, friable, and readily converted into a light gray powder ; Smyrna, secondary ; and Antioch, of very low quality. Nearly 7000 lbs. are annually consumed in the U. K. SCANTLING, a general name for small timbers, such as the quartering for a partition, rafters, purlins, or pole-plates in a roof. All quartering or squared timber under five inches square is called scantling. The same term is used in carpentry, to express the transverse dimensions of a piece of timber ; and in mason- ry, to designate the size of stones, in length, breadth, and thickness. SCHEFFEL, a German corn-measure, varying greatly in different places. SCHOONER, a vessel generally with two masts, and having all her lower sails fore and aft ones, i. e. in their usual position, in vertical planes passing through the keel : it has small or no topsails. SCRIP. [Funds.] SCUDO, a coin and money of account in Rome, Sicily, and Malta. SCULPTURES. By the act 54 Geo. III. c. 56, copyright is constituted in sculpture, in so far as respects publication by casts. It exists during fourteen years from the first publication ; and, at the end of that time, for another similar period if the artist be alive and have not disposed of his right. The name of the pro- prietor and the date must be marked on each cast or copy before publication. The act 6 Geo. IV. c. 107, prohibits the importation of any sculptures first made in the United Kingdom. SEAL, the name of a family of amphibious animals, one species of which, the common seal (Phoca vitulind), frequents the British shores, particularly the north- west of Scotland ; though it is in the Arctic regions that they chiefly abound. The seal is gregarious, and is fond of reposing on ice-fields, — situations where the greatest numbers are killed, chiefly for the oil obtained from their fat or blubber, which is preferred to that of the whale ; though the animal is also valued for its skin, which is used, both with the hair on and when tanned into leather, for a variety of purposes. The seal-fishing is chiefly prosecuted from Newfoundland, Nova Scotia, and the United States ; but whalers always take out seal-clubs as part of their equipment, the animal being most readily despatched by a blow on the nose ; and one ship has been known to obtain a cargo of from 4000 to 5000, SKA 5!>9 SEA yielding nearly 100 tuns oil. The gigantic walrus, belonging to the same class, is killed for its ivory tusks, as its carcass yields but a small proportion of oil ; the chase of them, therefore, only constitutes a third-rate object in whaling voyages. SEALING-WAX (Fr. Cire a cacheter. Ger. Siegellack) was anciently formed in England of bees-wax and resin ; but since the introduction into European trade of shellac [Lac], the most adhesive of the gum-resins, the finer kinds have been principally composed of that material ; adding camphor to make it ignite freely, and vermilion, lampblack, or some other colouring matter. Coarse wax consists chiefly of common rosin. And there are a variety of intermediate sorts, in which shellac and rosin are blended with colouring and other substances, according to the purposes intended. Spain and Holland were formerly distinguished for their sealing-wax ; but it has long been manufactured in this country, princi- pally in London and Edinburgh. SEALS (Fr. Cachets. Ger. Petschafte. It. Sigilli. Por. & Sp. Sellos),for impressing letter-wax, and other soft substances, are usually formed of stone or metal, on which some device is engraved. The finest, composed of precious stones set in gold, are made in London and other towns. But immense quantities formed of stained glass, fixed in gilt copper, are manufactured, both for home consumption and ex- portation, at Birmingham, — the great seat of this kind of bijouterie. SEAMEN, persons employed in navigating sea-going vessels. The laws for the regulation of those engaged in the British merchant-service were formerly the sub- ject of numerous statutes, but in 1835 these were consolidated by 5 & 6 Wm. IV. c. 19, which also provided for forming and maintaining a Register of Sea- men. An abstract of that act is given Delow. It includes regulations for the payment of their wages ; but these do not deprive them of their lien on the ship, and other ordinary legal remedies. Their right to receive wages, however, depends, to a certain extent, on the successful termination of the voyage. It is said to be a general rule, that no wages are due where no freight is earned by the vessel, or that " freight is the mother of wages ;" but the conclusion depends on the cir- cumstances which have prevented freight from being earned. Where these have arisen from the acts or negligence of the owners or master, or of the persons with whom they have contracted for a cargo, the wages are not lost. Capture defeats the right of the seamen, which revives on recapture. Entire loss by shipwreck defeats the claim ; but if any part of the cargo is saved, and freight earned by it, the seaman will have a claim for a proportional part of his wages ; and it has been held in England, that mariners are entitled to wages from the proceeds of any parts of the vessel which their exertions are the means of preserving. (Holt's Shipping and Navigation Laws, 18*26, p. 266-294. Abbot on Merchant Ships and Seamen, (6th Edition,) 540-598. Bell's Commentaries, vol. i. p. 509-519.) Abstract of the Merchant Seamen's Act, 5 &. 6 Wm. IV. c. 19 (July 30, 1835). § 1. After 31st Julv 1835, thefollowing acts, 2&3 Anne, c. 6, 2 Geo. II. c. 36, 2 Geo. III. c 31, 31 Geo. III. c. 39, 45 Geo. III. c. 81, 37 Geo. III. c. 73, 58 Geo. III. c. 38, 4 Geo. IV. c. 25, 3 & 4 Wm. IV. c. 88, and 59 Geo. III. c. 58, repealed. § 2. It is not lawful for any master of a vessel trading to parts beyond the seas, or of any Bri- tish registered ship of the burden of 80 tons, to carry to sea any one of his crew (apprentices ex- cepted), without an agreement in writing speci- fying his wages, his capacity, and the nature of the voyage, signed by the master and seaman at the place of shipment. The agreement must be dis- tinctly read over to each seaman before he signs, by or in the presence of the person who attests his subscription. § 3. Except as-after provided, every agreement must be in the form of schedule A of the act ; and the owners and the master, or one of them, on reporting his ship's arrival, must deposit with the collector or comptroller of customs a copy of the agreement, attested by the master. In the cases of ships employed in fishing on the coasts, or regularly trading coastwise, and of ships making regular voyages to Jersey, Guern- sey, Alderney, Sark, or Man, or to any port on the continent between the Elbe and Brest, the agreement must be in the form of schedule B ; and an owner must, within 10 days after the ex- piration of every 6 months ending on the 30th June and the 31st December in each year, de- posit with the collector or comptroller of the port to which the ship belongs a true copy of every agreement entered into with any part of the crew within the preceding 6 months, attested by his signature. All such copies are legal proof of the contents of the agreement, when produced in evidence on the part of any seaman. § 4. The penalty for not entering on the agree- ment is £ 10 for each mariner taken on board ; that for not causing it to be read over, £5 for each ; and that for not depositing a true copy with the collector or comptroller, £50. § 5. The agreement not to deprive seamen of their hen upon the ship, or other remedies they are now entitled to ; nor is any covenant con- trary to or inconsistent with this act, or any clause whereby a seaman shall consent to forego the right which the maritime law gives him to wages in the case of freight earned by ships sub- sequently lost, or containing any words to that effect, valid. Seamen are not bound to produce the agreement to sustain their claim. § 6. If a seaman who has signed an agreement fail to join, or refuse to proceed in the ship, or absent himself without leave, any justice near the place may, upon complaint, cause such sea- man to be apprehended, and upon due proof, committed to gaol for a period not exceeding 30 days. But if the seaman, on being brought be- SEA 600 SEA fore the justice, consent to join the ship, the justice, at the request of the master, instead of committing him, may cause him to be con- veyed on board, or to be delivered to the master, and also to award to the latter reasonable costs, not exceeding 40s., which may be deducted from the seaman's wages. § 7 Enacts a forfeiture for temporary absence from duty of 2 days' pay for every 24 hours of ab- sence, and in a like proportion for any less period, or, at the option of the master, the expenses neces- sarily incurred in hiring a substitute. There is a like forfeiture if the seaman, ' ' without sufficient cause, neglect to perform such his duty as is rea- sonably required of him by the master ;" and if, after the ship's arrival at her port of delivery, and before her discharge, he quit the ship without a discharge or leave from the master, he forfeits 1 month's pay. But no such forfeitures are incurred unless the fact of the temporary absence, neglect of duty, or quitting the ship, be recorded in the log-book, with specification of the hour of the day, and the period of absence or neglect, the truth of which entry it is incumbent on the owner or master to substantiate by evidence. § 8 Describes the mode in which the forfeiture is to be ascertained when seamen contract by the voyage and not by the month. § 9. Every deserter forfeits all his clothes ani effects on board, and all emoluments, provided the circumstances be entered in the log-book at the time, and certified by the signature of the master and mate, or other credible witness. Absence for any time within 24 hours of sailing, without permission, or for any period, however short, under circumstances plainly showing his- intention not to return, is deemed desertion. If such desertion take place beyond seas, and the master be under the necessity of engaging'a sub- stitute at higher wages, the owner or master is entitled summarily to recover the increased amount from the deserter. § 10. Penalty for harbouring deserters, £10 : and no debt (incurred after agreement) exceed- ing 5s. recoverable from a seaman till the voyage is completed ; nor can seamen's effects be detained by lodging-house keepers under pretence of debt. § 11. Masters and owners must pay wages when demanded, as follows, viz. if the ship be employed coastwise, within 2 days after the ter- minatiork.of the agreement, or at the time of dis- charge, whichever first happen ; and if the ship be employed in trading otherwise, at the latest within 3 days after cargo- is delivered, or within 10 days after the discharge, whichever first ; in either of which last-mentioned cases of payment being delayed, the seaman is at the time of dis- charge entitled to be paid on account one-fourth part of the balance due to him. Masters and owners, for neglect or refusal, forfeit to the sea- man 2 days' payfor each day not exceeding 10 days of delay; for the recovery of which, the seaman has the same remedies as for the recovery of his wages. The clause does not extend to ships in. the- southern whale-fishery, or on voy- ages for which seamen are compensated by shares in the profits. § 12. Every payment of wages is valid not- withstanding any bill of sale or assignment by the seaman of such wages, or any attachment or incumbrance thereon ; and no assignment or sale of wages made prior to the earning, and no power of attorney expressed to be irrevocable for the receipt of wages, is binding. § 13. Masters to give seamen certificates on their discharge, specifying the period of service and the time and place of discharge, under a penalty of £5. § 14. If after a seaman has been discharged 3 (lays, he be desirous of proceeding on another voyage, and so require immediate payment of | his wages, any justice, on satisfactory proof that j he would be prevented from employment by I delay, may summon the master or owner, and order payment forthwith; penalty for default, £5. § 15. As to recovery of wages, in all cases not ' exceeding £20, a justice, upon complaint on j oath, may summon the master or owner, and make such order for payment as shall appear ! just, and levy the amount by distress and sale of the goods and chattels of the party ; and in case sufficient distress cannot be found, the jus- tice may cause the amount to be levied on the ship, or the tackle and apparel thereof. If the ship be not within the jurisdiction of the justice, he may cause the party to be imprisoned till pay- ment. The justice's decision is final. § 16. Costs of suit for recovery of wages not to be allowed, if sued for in the superior courts, when they might have been recovered before a justice. § 17- When the ship is sold at a foreign port, the crew (unless consenting to be there discharged) are to be sent home at the expense of the master or owners. § 18. Medicines to be kept on board, and sea- men hurt in the service of the ship to be provided with surgical advice gratis. §§ 19 & 20 Provide for the establishment of a General Register of merchant seamen, at the Custom-house, London. § 21. The master of every British ship trading abroad (except as mentioned below), besides keeping the book required by 4 & 5 Wm. IV. c. 52 (which provides for the support of sick and disabled seamen), must, on reporting his ship on her arrival, deliver to the collector or comp- troller at the port, an account of all the crew who have belonged to the ship at any time dur- ing her absence. § 22. Within 21 days after the 30th June and the 31st December in each year, the owner of every ship employed in fishing or trading on the coasts, or making regular voyages to any port of Europe between the Elbe and Brest, must deposit with the collector or comptroller of the port to which the ship belongs, or with the regis- trar in London, an account of the voyages in which the ship has been engaged during-the pre- ceding half-year, setting forth the names of the several persons who have belonged to the ship. § 23. If a ship be lost or sold while absent from the United Kingdom, the account must be made out up to the period of loss or sale, and trans- mitted by an owner or the master to the registrar in London, so soon as possible after a loss, and within 12 calendar months after a sale. § 24. The accounts and returns are to be trans- mitted by the collectors and comptrollers from time to time to the registrar. Every owner or master refusing or neglecting to deliver a list or account, forfeits £25. § 25. Whenever a seaman, being abroad, dies elsewhere than' on board ship, leaving effects, the British consul is required to take charge thereof, and dispose of them for the benefit of the next of kin ; and in case no claim be made within 3 calendar months after the death, the consul, after abating expenses, is to remit the balance to the president and governors of the corporation "For the relief of disabled seamen, &c, in the merchant service," for the pur- poses provided by the 4 & 5 Wm. IV. c. 52. In case any seaman so dying leave on board any effects, which are not claimed within 1 month after the ship's return by the executor or admin- istrator, the master is required to deposit the same or the proceeds in the same manner. §§ 26 to 30 Regulate the sending to sea of parish boys and parish apprentices. § 31. The master of every ship of the burden of 80 tons and upwards, must liave on board, at SEA 601 SEA clearing out.oneapprentieeomore, in the follow- iiijrproportions to the tonnage, viz. :— Every ship of 80 tons and under 200, one apprentice at the least : everv ship of 200 and under 400, two ; every ship of 400 and under 500, three ; every ship of 500 and under 7"<), four ; and every ship of 700 and upwards, five at the least ; all of whom, at the period of their being bound, shall have been under 17 years of age, and shall have been bound for 4 vears at the least. If a master ne- glect to have on board the proper number, he forfeits £10 for each apprentice deficient. § 32. Apprentices exempt from contributions for hospitals. §§33 and 34. Indentures and assignments of parish and other apprentices to be registered as therein mentioned. Apprentices may be em- ployed in any ship of which their master is master or owner. § 35. Agreements, indentures, assignments, &c, under the act, are free of stamp-duty. § 36. Penalty on masters neglecting to register indentures, and for suffering apprentices to quit their service, £10. § 37. Any two or more justices, at or near the port of arrival, have authority to determine com- plaints between masters and apprentices. § 38. Common assaults on board merchant- ships may be summarily punished by two justices; and the fine shall be payable to the merchant- seamen's hospital or institution nearest to the together with proof of payment by the navy de- partment of the charges incurred, is sufficient evidence that such person was relieved and con- veyed home at his majesty's expense. The court in which such proceeding is instituted is autho- rized to issue commissions for the examination of witnesses abroad. § 48. Every master, on his arrival at any foreign port where there is a British consul or vice-consul, must deliver to him the agreement with his crew, to be preserved during the ship's stay there, and to be returned to the master be- fore his leaving the port, without any fee or charge ; and every master, for refusal or neglect to deliver, forfeits £25. § 49. During the ship's stay at any foreign port, no seaman can be shipped except with the privity of the consul or vice-consul, indorsed or certified on the agreement, under a penalty of £25 for every seaman otherwise shipped. §§50 and 51. Masters, when required, must produce agreements to officers of king's ships. Such officers may muster the crew ; penalty on master for refusal, £25. Registrar and officers of customs may require production of the agree- ment and muster-roll, and muster the crew, under a penalty for refusal of £50. § 52. For the purposes of the act, every person ♦laving the charge or command of a sh ip is deem ed the master, and every person (apprentices ex- cepted) employed to serve in any capacity on port of abjudication. ! board is deemed a seaman; and " ship," compre- § 39. Masters entitled to receive the wages of hends every vessel navigating on the sea, and the apprentices entering into the navy ; which they 4i owner," all to whom the ship belongs, and all cannot do except with their master's consent. i steam and other vessels employed in carrying j 40. As mischief has arisen from seamen being left in foreign parts, masters forcing on shore or leaving behind any of the crew are subject to fine and imprisonment. §§ 41 and 42. Seamen not to be discharged, nor left on the plea of desertion, at any colony, with- out the written sanction of a government-officer ; nor at any other place abroad, without the sanc- tion of the British consul or two respectable merchants. § 43. If any of the crew are left behind, the proof of sanction or authority, as above, is to be upon the master in the case of dispute. § 44. Seamen when allowed to be left behind, are to be paid their wages, atrue account of which shall be delivered by the master to the function- ary or merchants, as aforesaid, under a penalty of £25. If wages be paid by a draft on the owners, the functionary or merchants must testify, by certificate indorsed on the bill, that it is drawn ! ship may belong ; and if there be none such, the according to this act for money due on account whole to Greenwich Hospital. The court may of wages of a seaman. | mitigate any penalty, but not below one-half. § 45. Act not to prevent seamen from entering . All proceedings must be commenced within two the navy ; and no penalty can follow such entry, years next after the commission of the offence, Agreements to the contrary void. if the same shall have been committed at or be- 9 46. Upon entry of seamen into the navy from yond the Cape of Good Hope or Cape Horn, or merchant-ships, they shall be entitled to the im- 1 within one year if committed on the European mediate delivery up of their clothes, and pay- 1 side of those limits, or within six calendar months ment of any wages that may be due, according ] after the return of the offender or the complain- to the regulations prescribed. § 47. The crown empowered to sue for the amount advanced for the relief of seamen left abroad. In any proceeding for that purpose, proof of the account furnishedto the commission- ers by any functionary or merchants as above, passengers or goods, are deemed trading-ships. § 53. Penalties and forfeitures, for the recovery whereof no specific mode is provided, may be recovered, with costs, as follows, viz. :— All penalties not exceeding £20, by information and summary proceeding before any one or more justices, residing near the place where the offence is committed or where the offender may be, who may levy the amount by distress and sale, or commitment for non-payment. All penalties exceeding £20 may be recovered, with costs, in any court of record at Westminster, Edinburgh, or Dublin, or in the colonies, at the suit of the chief law-officer of the crown. All penalties, for which no specific application is provided, are to be applied as follows, viz. : — One moiety to the informer, and the residue to be divided between Greenwich Hospital and the Merchant Seamen's Hospital or Institution at the port to which the party to the United Kingdom. ing part § 54. The act does not extend to any ship re- gistered in or belonging to any British colony having a legislative assembly, or to the crew of such ship, while she is within the precincts of the colony. See Meechant's Shippihq Act. S SEAWORTHINESS of a vessel, in the law of marine insurance, is an implied warranty on the part of the insured, or one of those conditions of the contract, the want of compliance with which renders it null. It is generally provided in the policy that the vessel shall be " tight, staunch, and strong, properly manned, pro- vided with all necessary stores, and in all respects fit for the intended voyage." The seaworthiness must be adapted to the nature of the service, for what will suit a coasting voyage will not enable a vessel to proceed to India. Seaworthiness in- cludes the having a competent master and a sufficient crew, with a proper equip- SEE 602 SEQ ment of masts, sails, and anchors. If the vessel sail to a port where a pilot is necessary, the master must obtain one, or use every effort to do so ; and having employed one, must not dismiss him within the fair way. It is a general rule, that it is of no consequence whether the owners or the master know of defects affecting seaworthiness or not. In one case, of which no very distinct report has been preserved (Mills v. Roebuck in Exch., see Park, 460 ; Marshall, 154), there was an apparent divergence from these rules ; and so far as can be collected, the grounds appear to have been, that from the place of her build the underwriters had to expect inherent defects in the vessel's construction ; and that they had reason to know the progress of these defects from the representations made when the slip was signed. (Park on Insurance, 8th edit., 458-496. Marshall on In- surance, 146-161.) [Insurance.] SEER, an Indian weight. The E. I. C.'s new seer of 80 tolas = 2*057 lbs. avoird. SEIGNORAGE, the profit derived from issuing coins at a rate above their in- trinsic value. SENNA (Fr. Sent. Ger. Sennablater. It. Senna), a well-known medicine- composed of the leaflets and occasionally of the leaf-stalks and pods of several species of Cassia, cultivated in Arabia, Syria, and Egypt. About four-fifths of that brought to the English market is Arabian or Mecca senna, commonly called East India senna, from being shipped from Indian ports. It is the product of C. lan- ceolata ; leaflets very narrow and acute. Other kinds are imported from the Levant ; and at second-hand from Italy, under the designations of Alexandrian, Tinnivelly, Aleppo, and Tripoli senna. The Alexandrian (C. acutifolia) is the most valuable ; but it is often adulterated. About 200,000 lbs. are annually en- tered for consumption in the United Kingdom. SEQUESTRATION — Mercantile, in the law of Scotland, is the process by which the effects of a bankrupt trader are realized and divided among his credi- tors, as by the process of bankruptcy in England. The law on the subject is contained in the Statute 2 & 3 Vict. c. 41, of which what follows is an abridgment :— Persons who may be sequestrated. — Any debtor 4 ' who is, or has been , a merchant , trader, manufacturer, banker, broker, warehouseman, wharfinger, underwriter, artificer, packer, builder, carpenter, shipwright, innkeeper, hotel- keeper, stable-keeper, coach-contractor, cattle- dealer, grain-dealer, coal-dealer, fish-dealer, lime-burner, dyer, printer, bleacher, fuller, calenderer, and generally any debtor who seeks, or has sought his living, or a material part thereof, for himself, or in partnership with an- other, or as agent or factor for others, by using the trade of merchandise, by way of bargain, ex- change, barter, commission or consignment, or by buying and selling, or by buying and letting for hire, or by the workmanship or manufacture of goods or commodities." No one can be se- questrated as " a holder of stock in any of the public or national funds, or of India stock, or as a partner in any company incorporated or estab- lished by act of parliament, or by charter, or as a landholder or farmer, unless such landholder or farmer be bona fide a dealer in cattle not the produce of, nor grazed, nor worked on his farm, or unless he be a dealer in grain not the produce thereof" (§5). The debtor (unless he consent) must be bankrupt, must have carried on busi- ness within Scotland, and must have also within a year before the date of presenting the petition resided, or had a dwelling-house, or place of business in Scotland. Bankruptcy is not.neces- sary where the debtor has been in the sanctuary for 60 days, either continuously or not, within the space of 12 months. A company may be se- questrated, provided (unless the company con- sent) one of the partners .has been made bank- rupt for a company debt, and the company have carried on business in Scotland, and a partner have had a dwelling-house or the company a place of business there within a year and day before the presentation of the petition. Se- questration may be awarded of the property of " any deceased debtor who at the time of his death resided, or had a dwelling-house, or carried on business in Scotland, and was at that time owner of heritable or moveable estates in Scot- land ;" but not until the expiry of six months after his death, unless he had granted a mandate to apply for sequestration, or was bankrupt when he died, or had remained in sanctuary for 60 days, at some time or other within the 12 months preceding his death, or unless his successor shall concur in the petition or renounce the suc- cession (§ 4). Application, Awarding, and Recall. — Seques- tration may be awarded on the application of the debtor, with concurrence of creditors, or at the instance of creditors alone. Tho e creditors entitled to petition, or to concur, are — any one creditor whose debt amounts to £ 50, any two whose debts together amount to £7", or any three or more whose debts together amount to f 100. The debts need not be liquid, but they must not be contingent. Application is made by petition to the lord ordinary, signed by the petitioner or his counsel. In the case of a petition without consent, it must be presented within four months after the bankruptcy, or, in case of re- tiring to the sanctuary, within four months after expiration of the 60 days. The petitioning or con- curring creditor produces with it his oath, ac- counts, and vouchers. There are provisions for the petitioning creditor (in the case either of the debtor's decease or of his not concurring) , spe- cifying the circumstances which bring him within the range of the act (§ 12). Where the applica- tion is with consent of the debtor, the lord or- dinary awards sequestration, and appoints a meeting to be held, not earlier than eight or later than 14 days from the deliverance, to elect an interim-factor; and another meeting not less than four weeks and not more than six weeks from the date of the deliverance, at the same place, to elect a trustee or trustees in succession, and commissioners. A remit is made to the sheriff, and protection is granted to the debtor SEQ 603 SEQ against arrest or imprisonment for civil debt until the meeting for election of trustee. There are special provisions for giving notice to suc- cessors, in the case of a debtor deceased. Where the petition is without the debtor's consent, there are provisions for his being cited for his in- terest, and for the recovery of evidence as to the bankruptcy, &c. If he do not appear, or do not instantly pay the debt, or produce evidence of payment," to the creditors appearing against him," sequestration is awarded, meetings are appointed, and protection is granted as above. The party applying for sequestration, before ex- piry of the second lawful day after the first de- liverance, must present an abbreviate, to be recorded in the register of inhibitions- The re- cord has the effect of an inhibition, and of a citation in an adjudication, and so of tying up the bankrupt's property, till it is disposed of in course of law. The party must also insert a notice, within four days from the date of the de- liverance, in the Edinburgh, and within eight days In the London Gazette. The awarding of seques- tration has the effect of bankruptcy from the date of the first deliverance, without prejudice to any previous bankruptcy. The sequestration is not liable to review, but it may be recalled, on a petition to the lord ordinary, within 40 days. There is a greater latitude in the case of the suc- cessor of a deceased debtor edictally cited. Nine- tenths of the creditors in number and value may at any time apply for recall, notice being given, in terms of the act, to all concerned. The Creditors as a Body. — To entitle a creditor to petition, concur, vote, or draw a dividend, he must produce an oath before a sheriff, magistrate, or justice, to the verity of his debt, stating in his oath what other persons (if any) are, besides the bankrupt, liable for any part of the debt, and any security he may hold over the estate of the bankrupt or of other ob- ligants. and stating that he has no other obli- gants or securities besides those specified. Where he holds no other person besides the bankrupt so bound, and no security, he must depone tu that effect. A corporation may make affidavit by its acting officer. A creditor abroad may make affidavit, subject to certain regulations, in the country where he resides, or his agent may make an oath of credulity. The agent for a creditor under age may make such oath of cre- dulity. A creditor having once qualified is en- titled" to vote, however unsound his claim may be. The creditor must produce, with his oath, such accounts and vouchers as may be necessary to prove his debt. If he have not the vouchers, on stating on his oath the reasons why he is not possessed of them, and whose hands he believes them to be in, a dividend will be set apart till he establish his claim. If a creditor, who has peti- tioned, concurred, or opposed, withdraw, or be- come bankrupt, or die, another may be sisted in his place, and may follow out proceedings. A mandatory of a creditor, exhibiting a written mandate, may vote in his stead. Interest, up to the date of the sequestration, may be accumu- lated on claims, but not farther interest. If there is a discount by the usage of trade, or if the term of payment be not arrived, a corresponding de- duction must be made of discount or interest. If a creditor hold a security, he must deduct it from his valuation ; he can vote only on the balance, except in questions as to the disposal or man- agement of the estate subject to the security, on which he can vote to the whole amount. Where a creditor has an obligant bound with, but liable in relief to the bankrupt, or holds any security from an obligant liable in relief to the bankrupt, or any security from which the bankrupt has a right of relief, he must put a specified value on the obligation, in his oath, and is entitled to vote only on the balance. A credi- tor of a company is not bound to deduct the divi- dend he may be entitled to from the estate of the partners. Before voting on a partner's estate, however, he must put a value on his claim against the company, and on his claim against the other partners. While a debt is contingent, the creditor cannot vote except to the extent of the value that may be put on it by the trustee or the sheriff. Meetings,Election of Trustee, Factor, and Com- missioners. — The trustee or any commissioner may at any time call a meeting, and the trustee is bound to call a meeting whenever he is required by one-fourth in value of the creditors ranked. Meetings appointed by the act are held on notice of the day, hour, place, and purpose, advertised 14 days before in the Edinburgh Gazette (except in case of the meetingforelectingan interim-factor ) , and any meeting may be adjourned to the fol- lowing day. No notification is to be sent to creditors who direct none to be sent, or to credi- tors for less than £20, unless they give directions in writing to send them notice. Unless where there is an express provision otherwise, questions at meetings of creditors are settled by the majority in value of those present ; " and where, for the purpose of voting, the creditors are required to be counted in number, no creditor whose debt is under £20 shall be reckoned in number, but his debt shall be computed in value" (§ 44). Meetings may be adjourned, if not carried beyond the times fixed by the act. At the meeting for the election of interim- factor, if two or more creditors give notice, the sheriff or sheriff-substitute must attend the meet- ing, and adjourned meetings, and preside. The sheriff-clerk must attend, to mark the oaths and productions with his initials, and write the min- utes. If no sheriff is present, the creditors elect a preses, and if no sheriff-clerk be present, a clerk, both proceeding as above. In either case, those who have been entered in the minutes as qualified, proceed to elect an interim-factor or trustee, as the case may be. No person re- lated to, or in business with the bankrupt, or holding an interest adverse to that of the creditors, is eligible as trustee. If the sheriff be present, and there be no competition, and no objections stated, he declares the person chosen to be interim-factor or trustee as the case may be. If there be objections to votes or can- didates, they must be stated at the meeting, when the sheriff may either forthwith decide on them, or reserve them for consideration. If ne- cessary, he may take note of objections and an- swers, and within four days after the meeting, decide on hearing parties viva voce, stating the grounds of his decision in a note. An ordinary preses, however, must report whether there is opposition or not, the sheriff declaring the re- sult, or deciding on objections. The creditors at these meetings fix a sum for which the interim- factor or trustee is to find security, and decide on the sufficiency of the caution offered. Against the sheriff's declaration of the election of a trus- tee an appeal may be taken during session to the Inner-house of the Court of Session, or during vacation to the lord ordinary, on notice in writ- ing being lodged with the sheriff- clerk within two days after the decision. The costs must be paid by the unsuccessful party. An appeal does not stop proceedings in the sequestration. At the meeting for electing a trustee, commissioners are elected, and the interim-factor's remuneration may be fixed in the same manner. The commis- sioners must be creditors or mandatories. They are not bound to find security. The sheriff de- cides who are dulv elected. Interim- Factor or Sheri (f- Clerk. — If the creditors fail to elect an interim-factor, or the SEQ 604 SEQ, nomination otlierwise fail, his duties devolve on the sheriff-clerk. They are as follows : He must immediately take the steps necessary for the preservation of the estate until the meeting for election of trustee. He must ** take possession of and recover the bankrupt's estate, and his title-deeds, books, bills, vouchers, and all other documents whatsoever, so far as then known, and make an inventory thereof" (§51), a copy of which he must transmit to the bill-chamber. He must lodge all monies in bank in the same manner as the trustee, and pay the expenses of the petitioning or concurring creditor out of the first funds realized. He must keep a sederunt- book. At the meeting to elect a trustee he must exhibit the sederunt-book, " and also an account of his intromissions and disbursements, and if required by any creditor, the books of the bank- rupt, with the title-deeds, bills, vouchers, and other documents, conform to inventory ;" and if the meeting be satisfied, they are to fix his re- muneration, to be paid with his advances out of the funds in his hands. If he be dissatisfied with the sums allowed, the amount is to be determined by the sheriff. Commissioners. — A majority form a quorum. «' The commissioners shall superintend the pro- ceedings of the trustee, concur with him in sub- missions and transactions, give their advice and assistance relative to the management of the estate, examine the acts and intromissions of the trustee, audit his accounts, decide as to paying or postponing payment of a dividend, fix his re- numeration, and may assemble at any time to ascertain the situation of the bankrupt estate ; and any one of them may make such report as he may think proper to a general meeting of the creditors " (§ 57). Trustee. — " The trustee shall manage, re- alize, and recover the estate belonging to the bankrupt, wherever situated, and convert the same into money, according to the directions given by the creditors at any meeting, and if no such directions are given, he shall do so with the advice of the commissioners ; and he, as well as the interim-factor or sheriff-clerk acting as factor, shall lodge all money which he may re- ceive in such bank as four-fifths of the creditors in number and value at any general meeting shall appoint" (§61) ; and failing such appointment, in one of the chartered banks. The bank must annually balance the account, and accumulate the interest with the principal sum, being liable to account as if the money had been so accumu- lated. If the interim-factor, or trustee, keep in his hands more than £50 for more than 10 days, he must pay at the rate of 20 per cent, per annum on the excess, for such time as it may be in his hands beyond the 10 days ; and unless the money has been kept from innocent causes, he will be dismissed, on petition to the lord ordinary. The trustee must keep a sederunt-book, entering minutes of creditors and of the commissioners, states of accounts, reports, and other proceed- ings. He must send an account to the bill- chamber before each dividend. Where a docu- ment is confidential, the trustee is not bound to insert it in the sederunt-book, or exhibit it to any one except the commissioners. Within 8 days after confirmation, the trustee applies to the sheriff to name a day for the bankrupt's public examination. On the warrant being granted, the trustee intimates in the Edinburgh Gazette his own election, and the time and place of the examination. He must intimate a day and hour for a meeting of the creditors, which must be not less than 14, nor more than 21 days after the day of examination, or (in the case of a deceased debtor) after the trustee's confir- mation. Within 14 days after the examination the trustee must prepare a report as to the posi- tion of the estate, and an estimate of what it may produce, to be presented to the meeting, where he must be prepared to give all explana- tions. A majority in number and value at any meeting called through the Edinburgh Gazette, at least 14 days previously, by advertisement, specifying the purpose of the meeting, may re- move the trustee or accept of his resignation. One-fourth of the creditors in value may apply to the lord ordinary for removal, showing cause. There are provisions to meet the resignation, death, or absence of the trustee. On the expira- ation of six months from the date of the seques- tration, the trustee must make up a state of the whole estate, of the funds recovered, and of tiie funds outstanding (stating why they have not been recovered), " and of his intromissions, and generally of his management." The commission- ers, at their meeting within 14 days after the ex- piration of the six months, examine the state, and audit the trustee's accounts, and declare whether any and what dividend is to be made. Before a composition is approved of, the trustee's accounts must be audited by the commissioners, and the balance due to him fixed, and paid or provided for. There are provisions for the re- gistration of sequestrations ; and to these the trustee must attend. After a final division, the trustee calls a meeting on 21 days' notice, by ad- vertisement and letters, to consider his applica- tion for discharge. On his producing his vouchers, the creditors may declare their opinion of his conduct, and he may apply to the lord ordinary or the sheriff for exoneration and discharge. Before his discharge he must transmit the sede- runt-book to the bill-chamber clerks, who will intimate to him the bank in which unclaimed dividends are to be lodged. The Bankrupt's Liberation, Protection, and Discharge. — The lord ordinary may, on the bankrupt's application, grant warrant of libera- tion, after hearing objections. If the applica- tion be refused, the bankrupt may petition a second time with consent of the trustee and com- missioners. At the meeting for election of the trustee, and at the meeting after the examina- tion, or at any meeting called for the purpose, a majority in number and value may authorize the trustee to apply to the sheriff for a renewal of the personal protection. Allowance. — Four-fifths in value of the credi- tors at such a meeting, may vote an allowance to the bankrupt, until the payment of the second dividend. It is not to exceed £3, 3s. per week. State of Affairs. — The bankrupt must, before the time for the election of trustee, make up, subscribe, and deliver to the interim-factor, a state of his affairs, '* specifying his whole estate, wherever situated, the estates in expectancy, or to which he may have an eventual right, the names and designations of his creditors and debtors, and the debts due by and to him, and a rental of his heritable subjects" (§ 52). He must give every information and assistance ne- cessary to enable the factor or trustee to execute his duty ; and if he fail to do so, or to grant any requisite deed, application may be made to the sheriff to compel him. There are provisions for bringing the bankrupt up for examination, or where necessary for taking the examination by commission ; and likewise for enabling the trus- tee, where he finds it necessary, to procure the judicial examination of the bankrupt's wife and family, clerks, servants, and law-agent. They must answer all lawful questions relating to the affairs of the bankrupt ; and there are provisions for compelling them to answer, and for en- forcing production of books and vouchers. A latent partner, who does not reveal himself by the time of the examination, forfeits the privi- leges of the act, unless he prove that the conceal- SEQ, ment was occasioned by innocent mistake. There j is an oath (or affirmation, as the ease may be) which the bankrupt must take and subscribe in reference to the state of his affairs. In case of | fraud, the trustee may be authorized to prose- , cute the bankrupt. Composition by Bankrupt.— See Composition Contract. Discharge. — If every qualified creditor concur, the bankrupt may petition the lord ordinary or sheriff for a discharge at any time after the meet- ing following his examination. He may petition eight months after the date of the sequestration, if a majority in number and four-tifthsin value con- cur. Twenty -one days are allowed for opponents to appear. When found entitled to his discharge, the bankrupt must make a declaration, or if required an oath, that he has made a full and fair surrender, and has not granted or promised any preference or security, or made or promised any payment, or entered into any secret or col- lusive agreement or transaction, to obtain the concurrence of any creditor to his discharge. The discharge, when granted, operates in any part of the British dominions as an acquittance to the bankrupt. An entry of it is made in the register of sequestrations. If the bankrupt be concerned in, or cognizant of any collusive preference to a creditor, he forfeits his title to a discharge ; and the discharge, if it have been granted either on or without an offer of composition, may be an- nulled on a petition by the trustee, or any credi- tor, to the lord ordinary. If the bankrupt do not notify to the trustee any property that may fall to him before his discharge, he forfeits all the benefits of the act. Any surplus after pay- ment of the debts, interest, and expenses of pro- cedure, is payable to the bankrupt or his repre- sentatives. The Estate.— By the confirmation the move- able and real property is held to vest in the trustee from the date of the first deliverance, subject to preferable securities. Where by the law of the place a conveyance requires registra- tion, the confirmation must be registered. No tse of such property out of Scotland for a valuable consideration, prior to the registration, and in the purchaser's ignorance of the seques- tration, is invalidated. Property falling to the bankrupt before his discharge, vests as at the date of its acquisition. All preferences and deeds granted by the bankrupt during the sequestra- tion, without consent of the interim-factor or trustee, are void. Bona fide purchasers, how- ever, are secured, and so are debtors paying their debts to the bankrupt in ignorance of the sequestration. Heritable rights on which infeft- ment may followare, in questions under the act, to be held of the date of the registration of the sasine ; and sales, assignations, and other conveyances which do not require infeftment, but require de- livery or intimation to complete them, are held to be of the date of the act so required to complete them. A person claiming any right or subject im- \ properly included in the sequestration, may re- cover it on petition to the lord ordinary. There are provisions for making the sequestration equiva- : lent to the usual diligences for attaching property, I and for equalizing preferences, in the case of a deceased Gebtor, when they have not been com- pleted voted on an oath, in which he has deducted a security, as also the majority of the creditors (the creditor with the security not being counted) at the meeting where such creditor has voted, may require him to assign his security to the trustee, on payment of the value he has set on it, with 20 per cent, additional. The creditor may correct his value at any time before he is called on so to assign. Disposal of the Property, and Questions teith Creditors having a Right to Sell.— At the meet- ing after the examination, or at a meeting called for the purpose, the creditors may give directions for the recovery, management, and disposal of the estate. Where there is heritable property, they may determine whether it is to be disposed of by voluntary public sale, or to be brought to judicial sale. If the creditors have resolved on the manner in which such property is to be disposed of, before a creditor having a power to sell has commenced proceedings, or while he is unduly delaying a sale of heritable property, the trustee grants a title, subject to real securities. No expenses connected with the sequestration or sale are payable out of such part of the price as may be necessary to discharge the preferable securities ; and no preferable heritable creditor is liable for any such expense unless he have consented to the sale, in which case he is liable for the expense of the sale. A creditor may purchase any estate sold under the act, but the interim-factor, trustee, and commissioners, may not purchase. Declaration of Dividend and Banking. — The commissioners at their meeting within 14 days after expiry of six months from the date of the sequestration, declare what amount may be distributed in dividends ; and within the same 14 days, if a dividend is to be made, the trustee must examine the oaths and grounds of debt, and in writing reject or admit them, or require farther evidence, stating the reasons where be rejects. He then makes up two lists ; one, of the creditors he ranks as entitled to draw divi- dends, specifying their debts, with interest to the date of the sequestration, and distinguishing the ordinary from the preferable creditors. The other list is of the creditors whose claims he has partially or wholly rejected. Notice is sent to rejected creditors, who may appeal to the lord ordinary or sheriff. A creditor who holds a se- curity.before being ranked, must put a value upon it, deduct it, and specify the balance, on which alone he can rank. The trustee is entitled either to demand an assignation to the security on pay- ing the value put upon it, or to let the creditor take the benefit of it. In the case of the claim on a partner for a company debt, the dividend from the company must be deducted. An annuity credi- tor ranks for the value put on his annuity, and if there be a cautioner For the annuity he is dis- charged, on payment of the estimated value and arrears. Co-obligants with the bankrupt are not discharged by the creditor consenting to the steps of the sequestration ; but if the co-obligant pay the debt, the creditor must assign it to him, and he may rank for it. Payment of Dividends. — Where there are sufficient funds realized, the dividends are re- spectively payable on the first lawful day after the expiration of the following periods, viz. the first, of 8 months from the date of the sequestra- tion ; the second, of 12 months from the same date ; and future dividends after the expiration of 4 months from the date of the payment of the immediately preceding dividend, until the whole funds be distributed. To entitle a creditor to payment of the first, or of the second, or of any other dividend, he must produce his oath, , 24. 5. 27, 6, 47. 70, 24. 14, 6.153 15; 18, 21. 18. Foreign Trade- Inwards- British. Foreign. 104 285 047 20 942 160 134J177 2 35 137 317, 779 337, British. Foreign. ,.3296 ,564 16 ,366 346 ,099 125 843 5 ,554 75 ,440 216 268; 3 ,430 22 ,155 6 ,914 33 .974 33 .035 16 441 1 ,822 15 ,516 35 .-70 12 ,839 3 ,338 3 ,856 19 291,892 350,764 8,619 175,043 95,040 3,452 44.814 63,003 67 20,507 11,820 8,217 9,432 2,169 441 17,955 8,231 4,623 8.291 1,248 4JHJJ * This return was incomplete at the date when the account was closed. SHI 614 SHO totals in 1841. (Inwards. Coastwise. (Sailing v c „™ l«-»'— {S3S&:::: Colonial. f Inwards. , \ Outwards . Foreign. (q«-» {IS:::::: .England. 7,305,874 8,265,941 1,687,013 1,539,311 1,202,004 1,180,434 1,654,810 1,150,655 1,703,071 1,215,870 Scotland. Ireland. 1,211,942 1,119,564 1,157,610 637,801 645,707 571,064 552,907 655,928 181,011 138,471 214,673 114,582 146,409 38,506 110,732 26,441 182,354 34,165 93,484 20,953 Total. 637,380 ,061,352 ,903,784 ,748,146 ,521,486 ,5(19,68.9 ,839,725 ,287,828 ,919,590 ,330,3(17 Tonnage of Vessels employed in the Foreign and Colonial Trade of the United Kingdom (including their repeated Voyages), separating British from Foreign Vessels, and distinguishing the Trade with each Country, in 1840 and 1841. Russia . . . Sweden. .. Norway . . Denmark , Germany Holland Belgium France Portugal, Azores.&c. Spain, Canaries, &c- Gibraltar Italy & It al. Islands Malta & Ionian Isles Turkey & Greece Africa and African Islands India, Ceylon Singapore... . China Other parts of Asia Australasia British America... W. Indies Foreign W. Indies United States. .... Mexico and South America Whale Fisheries.. Jersey, Man, &c, 1840. 340,567 11,933 3,166 6,327 112,709 165,839 212,503 57,274 323,393 61,195 50,649 23,099 85,576 10,962 28,005 137,883 20,056 12,316 25,905 808,522 181,731 41,174 138,201 78,533 14,296 163,459 Foreign 79,152 53,337 114,241 103,067 237,984 88,556 69,770 48,996 181,497 9,767 5,892 2*1,095 "1,005 6,881 426,867 8,010 8,188 Total.. 3,197,501 1,460,294 itii.h. Foreign. 225,581 11,760 1,732 92,631 73,943 173,110 217,665 49,457 365,842 68,238 48,321 44,395 63,821 42,288 39,530 102,306 178,834 2,942 11,716 115,119 694,094 222,620 3fi,460 180,041 90,984 15,276 124,278 58,861 39,999 114,662 207,113 177,449 82,271 65,542 46,541 179,882 30,969 14,270 1,055 14,043 1,035 2,623 4,172 370 1,082 1,762 218 2,213 197 19,646 409,900 12,989 1841. British. 294,227 13,170 977 3,368 88,198 188,272 212,782 69,835 387,934 61,161 45,508 23,314 68,342 16,315 27,483 111,143 207,075 23,344 14,910 29,868 841,348 174,975 42,059 121,777 119,827 13,098 160,901 Foreign British. 75,616 46,795 113,025 1 83,009 I 210,254 110,348 I 67,946 i 54,241 j 194,236 ; 9,565 5,560 12,335 "1*87 912 2,889 294,170 5,885 3,337 195,604 17,643 2,642 82,090 72,497 191,704 207,667 63,935 434,936 61,182 58,457 46,663 77,595 54,886 55,535 129,816 215,421 13,738 13,227 125,609 652,725 211,536 52,462 159,597 88,714 10,578 132,820 Foreign. 59,145 35,674 101,321 193,833 165,783 91,745 61,758 40,606 184,069 23,501 10,319 344 10,789 5,431 5,015 6,320 1,381 2,886 13,393 313,390 9,785 3,292,984 1,488,888 3,361,2111,291,165 3,429.2791,336,892 Further information respecting British shipping will be found under Lloyd's, Steam Navi- gation, Tonnage, and in the articles referred to on page 610; and respecting the shipping of foreign countries under their respective heads. S SHIPSHUSBAND, the agent or commissioner for the owners. He may be a part-owner or a stranger. His powers are by mandate, commission, or verbal appointment ; the latter chiefly where he is also part-owner. His duties are to arrange every thing for the outfit and good order of the ship — stores, repairs, fur- nishings ; to enter into contracts of affreightment ; and to superintend her papers. His powers do not extend to the borrowing of money ; but he may grant bills for furnishings, stores, repairs, and the necessary engagements binding on owners, although ne may have received money wherewith to pay them. He may draw the freight ; but is not entitled to take bills instead of it, giving up the lien by which it is secured. He cannot delegate his authority. SHOE-TRADE. This trade, in which we include the manufacture of boots, is generally followed in all parts of the kingdom ; but, though employing a greater number of persons than any of the other common handicrafts, it scarcely rises any where into importance except in London, Northampton, and Stafford, where the public contracts are chiefly executed, and supplies furnished for exportation. In these places a considerable division of labour nas been introduced into the trade, SHO 615 SIA no fewer than twent., distinct branches being distinguished. This is particularly the case in what is called the men's line. Shoes and boots, as articles of export, occur principally in the colonial trade ; but being included in the customs accounts under the general head of " leather wrought and unwrought," the amount shipped cannot be stated. They also occur as imports in our trade with France, especially light shoes for females, and men's boots ; the latter are of neat workmanship, and are said to be in other respects of good quality. This trade will probably increase ; as, in the new tariff (1842), the import duties on boots and shoes, formerly about 30 per cent., have been reduced fully one-half. Before this reduction, the imports from France amounted to about 50,0*00 pairs per annum. We possess few data for determining the value of the boot and shoe trade in the United Kingdom ; but the annual consumption, estimating the average expenditure of each individual of our population of 27,000,000, at the moderate rate of 10s., will amount to £13,500,000. SHOP (Fr. Boutique. It. Loja), a place for the sale of commodities by retail. Shops are now, generally speaking, arranged indiscriminately ; but the old custom, and one probably coeval with the existence of cities, was to appropriate particular streets to particular trades ; and some relics of this usage still remain in London. Paternoster Row continues to be much occupied by booksellers ; Lom- bard Street, by bankers ; Long Acre, by coachmakers ; and Cranbourne Alley, by straw-hat-makers ; while Holywell and Monmouth Streets still uphold their an- cient reputation for old clothes, and Broker's Alley is crowded by dealers in second-hand furniture. In London, the number of shops is estimated at about 40,000. Many of these, as well as in the provincial cities, attract attention by a gorgeous display of wares in plate-glass windows, comprising almost their entire front, while their interior is frequently lined with mirrors. Every sort of device, in short, is used to attract notice and custom. In 1785, a tax was imposed on shops in Britain, but it was abolished in 1789. In America, instead of shops, unostentatious warehouses, called stores, are com- monly used by retailers ; and in the East, this class, as well as the common handi- crafts, are generally arranged, in each city, in a place exclusively appropriated to them, called a Bazaar. SHRIMP (Crangon vulgaris), & crustaceous fish, common on the shores of Eng- land, and brought in large quantities to Billingsgate, chiefly from Gravesend, Lynn, Boston, Leigh, and Isle of Wight. Shrimps are boiled before being carried to* market ; they are in season during the whole year, though the chief demand is in spring. Those of Pegwell Bay are preferred ; and the preparers of potted shrimps profess to make use of them only. SHROFF, SHROFFAGE. Shroff, in Indian commerce, means a banker or money-changer. Shroffage is the examination of coins, and separation of the good from the debased. [India.] SHRUB, a compound liquor, made of spirit, acid fruit, and sugar. SIAM, a state iu the peninsula of India, bounded N. by China ; E. by Annam ; S. by Gulf of Siam ; and W. by Birmah. Area, 190,000 sq. miles. Population, 3,000,000. It comprises Siam Proper, part of Laos and Cambodia, and certain tributary Malay states. Capital. Bankok, a flourishing port on the Menam, in lat. 13° 58' N., and long. 100° 34' E., about 20 miles from the sea ; pop. 90,000 ; about 4-5ths are Chinese. Government, a despotic monarchy : the king is nomi- nally a vassal of China. S The kingdom is generally mountainous. The fertile part is composed chiefly of the valley of the Menam, a large river which descends from the heart of Thibet, and at certain seasons over- flows and inundates a considerable portion of the country. Of the climate little is known beyond Bankok, which is represented by Mr Crawfurd as being far from unhealthy. Mines exist in different places, but they are yet almost unexplored. Tin, copper, lead, zinc, antimony, with small quantities of gold, are found ; but the metal which occurs in greatest relative abundance is iron, particularly on the Menam. The vegetable productions differ in no essential respect from those of other Indian countries. The district within the tract of ii undation is admirably suited for rice ; and, excepting Bengal, the quantity exported is greater than from any country in Asia. The inland and coasting trades are considerable. The former is principally conducted on the Menam and its branches in flat boats and bamboo rafts : but a large portion is" likewise carried on by means of elephants, which are generally used for land carriage. The latter embraces a consider- able traffic with the countries on the shores of the Straits of Malacca and Bay of Bengal, by which channels are imported opium, cotton goods, and other commodities. The maritime commerce with foreign countries is almost wholly concentrated at Bankok, which, after Canton, is the greatest shipping port in Asia not settled by Europeans. The most important branch is that with China ; the staple exports consisting of black pepper, sugar, stick lac, sapan wood, cardamoms, cotton-wool, eagle-wood, rice, hides, gamboge, and wood for furniture ; and the imports, of coarse china-ware, teas, and raw and wrought silks, with a quantity of Chinese silver in ingots ; in this trade are SIC 616 SIC employed about 35,000 tons of junks, which arrive in January and February, and leave in June and July. Considerable intercourse exists also with the ports of Cambodia and Cochin China ; but the most extensive branch, after that with China, is conducted with Singapore, Malacca, Penang, Batavia, and other places in the Malayan Archipelago. In this trade the staple exports of Siam are sugar, salt, oil, and rice ; to which may be added the minor articles of .stick lac, iron pans, coarse earthenware, and lard. The returns are British and Indian piece-goods, opium, with a little glass-ware, and some British woollens from the European settlements, with commodities suited for the Chinese markets, such as pepper, tin, dragon's blood, rattans, beches-de-mer, swallows' nests, and Malayau camphor from the native ports. This trade is carried on almost entirely by means of junks, and has greatly increased of late years. Almost every kind of merchandise, except sugar and pepper, is the subject of royal monopoly ; and the Chinese are the only foreigners whose trade is upon a liberal footing. In 1822, Mr Craw- furd, as representing our Indian government, effected a commercial treaty with the King of Siam ; after which, several British merchants attempted to settle in Bankok, but without success. The Americans also obtained a treaty in 1836. Money.— The circulating medium is stated by Mr Crawfurd ( Embassy to Siam, #c), to consist only of silver and cowrie shells. The general coin is the bat or tical of 4 sailings, 8 fuangs, 16 song- p'hais, 32 p'hai-nungs, or 6400 cowries. The tical weighs 236 troy grains, and is commonly valued at 2s. 6d. sterling ; but its standard is uncertain. The catty of 80 ticals, and the pecul of 100 catties, are used only to denote large sums. Measures and Weights.— The fathom of 4 cubits, or 8 spans, = 6i feet; 20 fathoms = 1 sen ; and 100 sen = 1 yuta. The sen is also a square measure of 20 fathoms to the side. The ordinary measure is the catty = 2jf lbs. avoirdupois, being double the Chinese catty. The pecul contains 50 catties, and is thus equal to the Chinese. In weighing rice and salt a large measure is used, consisting of 22 peculs to the former and 25 to the latter : rice is also measured by the basket, 100 of which are equivalent to the large measure above mentioned. SICCA, a weight for gold and silver in India = 179§ troy grains. This was the weight of the ancient standard rupee of Hindostan, while the Mogul emperor was the sole sovereign, and which was thence denominated the sicca rupee. In course of time this standard, though professed to be followed, was gradually altered by the powers established in dif- ferent parts of India ; some being lighter, and others, as the Calcutta sicca rupee (weighing 191-916 grains, of which 175 - 921 pure), heavier than the Mogul money. To remedy the confusion thence arising, an ideal standard, called the current rupee, was introduced, to which all others were to be compared before they were entered into accounts. 116 current rupees = 100 Calcutta sicca rupees. The East India Company's rupee, now the general standard, weighs 180 troy grains, or 1 tola, which is also the basis of the new system of weights. [India.] SICILY, the largest and most fertile island of the Mediterranean, forms, with the Neapolitan territory, from the south extremity of which it is separated by the Strait of Messina, the United Kingdom of the Two Sicilies. Area, 10,508 sq. miles. Population in 1842, about 2,100,000. The head of the political administration is a lieutenant-general, representing the king ; but all important matters are referred to the Sicilian section of the council of state at Naples. S The island, triangular in form, is traversed along its N. side by a chain of mountains, which gives off several branches to the S. ; besides which, there are several detached groups, including the celebrated Etna, in height 10,872 feet, near the E. coast. There are some extensive plains ; but, generally speaking, the island consists of hill and valley, — the whole watered by numerous small rivers. The climate is salubrious and delightful, except during the sirocco, and in some low and marshy tracts. The difference of elevation in Sicily, and its fertility and climate, naturally give great variety and excellence to its productions. Anciently it was styled the granary of Rome ; but in modem times, sloth, ignorance, political dependence, and misgovernment, have brought its prosperity to a comparatively low ebb. Of late, however, some beneficial changes have taken place; in 1812 and 1838 laws were passed for the abolition of the feudal system, and the emancipation of the peasantry ; restrictions which existed to the exportation of corn have been removed ; and, more recently, funds have been raised for the formation of good roads. The arable lands comprise 3,700,000 acres ; vineyards, chiefly around Marsala, 115,000 do. ; gardens, 260,000 do. ; woods and olive groves, the latter principally on the N. coast, 1 ,125,000 acres ; the remainder of the island is mostly waste. Agriculture is in an exceedingly rude state ; but the crops raised, principally wheat, barley, and potatoes, with hemp, flax, and cotton, are not- withstanding abundant, though affording at present little surplus for export. The rearing of live-stock occupies even less attention than tillage. The vintage, except in some English establish- ments at Marsala is an object of little care ; and the olive-oil is also of low quality from the same cause. The culture of sumach, however, is more attended to ; and the fruits, especially oranges and lemons, grow luxuriantly. The chief other vegetable products are detailed in the list of ex- ports. The only mineral product of importance is sulphur, which is abundant in the central and south districts. Manufactures are confined to a few establishments in the principal cities. The exports mainly consist of raw produce. In 1839, the quantities and values of the prin- cipal articles were as follow :— Sumach , 238,082 cwts., £263,567; fruits, dry and preserved, 102,108 cwt., £163,175; oranges and lemons, 5&9,036 boxes, £119,737; wines and spirits, 4,421,537 gallons, £156,315 ; sulphur (greatly below the average, which is 700,000 cantisrs, owing to the existence of the French monopoly, since abolished), 542,384 cwts., £116,142; olive-oil, 692,579 gallons, £96,569; with considerable quantities of manna, linseed, silk, liquorice paste, rags, salt, barilla, argol, and other articles; the whole amounting to, £1,350,493; of which Britain took £379,879 (below the usual amount, owing to the sulphur monopoly) ; United States, £393,723 ; and France, £198,168. The imports consist ch-'efiy of sugar, coffee, and other colo- nials ; cottons, yarn, and wool ; woollens, silks, and linens ; hides, hardware, earthenware, cod- fish, &c, which are mostly brought from America, England, France, and Genoa. In 1839, the im- SIE 617 SIL ports were valued officially at £568,998, but they may be more correctly estimated at £1,000,000 ; many commodities, especially sugar and other tropical products, being smuggled in consequence of the high customs and tonnage duties. The shipping amounted in 1838 to 2250 vessels, 43,000 tons ; employing nearly 25,000 men. [Sulphur.] Ports.— Palermo, the capital, is situated in a bay on the N. coast, in lat. 38° 8' N., long. 13° 22' E., in a fertile plain between two mountain ridges and the sea. Pop. 140,000. The harbour, which is at some distance, is formed by an artificial mole, which, however, does not protect it effectually. In 1838, according to Mr Macgregor's Report on Sicily, the imports amounted to £284,009 ; and the exports to £346,310. na, the chief trading port, lies on the N. E. coast, opposite Calabria, in lat. 38° 11' N., long. 15° 34' E. Pop. 85,000. The town rises in the form of a crescent on the W, side of the harbour, which is one of the best in the Mediterranean. In 1838, the imports amounted to £294,811 ; and the exports to £368.492. Alicata, Catania, Cefalu, Girgenti, Marsala, Mazara, Sciacca, Syracuse, Trapani, Terra Nova, and Termini, are the chief other ports. Measures, Money, Revenue, &c. = 2-58 Imp. gallons, and reckoned by weight at 12J rottoli grossi, or about 24 lbs. avoirdu- pois ; in Palermo it is sold by the cantaro grosso. Money. — Accounts are stated in oncie of 30 tari or 600 grani; also in ducats of 100 grani, each of 10 piccioli or cavalli, as in .Naples. Theoncia = 3 Neapolitan ducats (valued in gold), = 10s. 3Jd. sterling; and 58 tari 6 grani = £1. The Sicilian dollar or scudo of 2 fiorini, 12 tari, 24 carlini, 180 ponti, or 240 grani, is worth 3s. lljd. sterling. The Sicilian tari and carlini are thus of only one-half the value of the same denominations in Naples. Since 1818 the coinage of Sicily has been the same as that of Naples. Bills on London are commonly drawn at 3 months' date. No days of grace are allowed. The Revenue, derived principally from a land- tax of 12J per cent., a tax of 13 taris 12 grains per salma on the grinding of corn, and customs and navigation dues, amounts annually to about £1,000,000, gross. [Naples.] Measures and Weights.— The canna of 8 palmi or 96 inches = 81-35 Imp. inches ; and 3 palmi = 1 braccio. The salm of land = 5\ Imp. acres. The tonna, wine measure, of 4 barili, 8 quar- tare, or 160 quartucci, = 31-24 Imp. gallons: the pipe is 12 barrels, = 9372 Imp. gallons. The salma generale, corn measure, of 4 bis- aecie, 16 tomoli, or 64 mondelli, = Hi staja Leghorn measure, = 7*61 Lmp. bushels; the salma grossa, similarly divided, = 14 staja, Leghorn measure, = 9*47 Imp. bushels. The cantaro grosso of 100 rottoli grossi, each of 33 ounces, = 192*53 lbs. avoirdupois: the common cantar, or cantaro sottile, of 100 rottoli sottili, each of 30 ounces, = 175'03 lbs. avoirdu- pois ; the pound of 12 ounces = 4901 troy grains ; and 100 Sicilian lbs. of 12 ounces = 70-01 lbs. avoirdupois. The weight and fineness of the precious metals are expressed as in Naples. The Sicilian ship ton = 5 Sicilian salmes = 94 cubic French feet (pieds de Roi). N. B. — In Messina, oil is sold bv the caffiso, S7ERRA LEONE. [Nigritia.] JP.LK (Du. Zyde. Fr. Soie. Ger. Seide. It. Seta. Por. & Sp. Seda. Rus. *Jchelk), a soft shining filament, the product of several species of caterpillar, par- ticularly the Bombyx mori or silkworm. This worm is about six or eight weeks in arriving at maturity, during which period it changes its skin four or five times ; and ceases to feed for a short time previous to each change. When full grown it eats no more ; but, choosing a convenient place, begins to discharge viscid pulpy twin filaments from the double orifice of its nose, with which it instinctively envelops itself as a defence against living enemies and a change of temperature ; and it continues this operation till it has spun an oval case or ball, in which it remains as a chrysalis for about fifteen days, at the close of which it perforates the end of the silken ball, and comes out a winged moth, to deposit its eggs for a fresh generation, and very soon after to die. Those who cultivate the worm for silk do not suffer it to reach this last stage, because the silken fibre would be cut into small pieces, by the opening at which the moth escapes. When the whole quantity of silk is formed, they destroy the chrysalis by means of heat. Silk occurs in various forms. Cocoons, Knubs, or Husks, are the balls as formed by the worm, about the size of a pigeon's egg, and of a golden-yellow colour. Raw silk,the state when simply wound off the cocoons into skeins or hanks, is in threads composed of several fibres, united by their natural gum. Waste silk is that part which is first wound off the cocoons in the operation of reeling ; and such cocoons as being eaten through by the worm cannot be wound off by the reel, but are after- wards carded and spun ; also of short ends arising from winding. Raw silk, before it can bo used in weaving, is made to take one of three forms : 1st, Singles, the most simple process, consists in merely twisting the double thread projected from the twin orifice in the nose of the insect, in order to give more firmness to its texture : 2d, Tram, formed by twisting together, not very closely, two or more threads of raw silk ; and this description most commonly forms- the weft or shoot of manufactured goods : 3d, Organzine, principally used in the warp, that is, to form the length of the web, is composed of two or more threads twisted separately, and afterwards combined together, the twist being then given in contrary directions. When thus prepared it is termed thrown silk. The worms are fed with the leaves of the mulberry-tree ; and they are reared SIL 618 SIL in a kind of nursery, called by the French a magnaniere. Silk husbandry is ex- tensively prosecuted in the south of Europe — in Italy, where the annual produc- tion is about 12,000,000 lbs., chiefly in the northern states, and in France ; also in China, India, and Persia. It is likewise pursued on a smaller scale in many other countries possessing a soil and climate favourable to the growth of the mulberry. The Indian silk, produced from a worm and leaf peculiar to Bengal, is inferior to that of France, Italy, and China, all produced from the Bombyx mori, reared on the white mulberry. About 5,000,000 lbs. raw, waste, and thrown silk are annually consumed in this country. It is imported chiefly from Bengal, and from Italy, either direct or through France ; it is also brought in considerable quantities from China (where, next to tea, it is the great staple) and Turkey ; and in smaller quantities from Holland, the United States, and other places. [Silk Manufacture.] S SILK GUT, a hard, white, transparent thread, about a foot in length, made in China and Italy from the intestines of the silk worm, and used for angling. SILK MANUFACTURE. This manufacture originated in China, from whence, according to the best credited accounts, it was carried to Constantinople by Persian missionaries in the reign of Justinian, a. d. 550. Its progress was at first slow, and for 600 years was confined to the Greek empire. In the 12th century, how- ever, it was extended to Palermo in Sicily, and from thence by degrees into Italy, Spain, and eventually to France, in which it had effectually taken root prior to the reign of Francis I. Its early history in England is involved in obscurity ; but the reign of Edward III. is commonly assigned as the period of its introduction into this country. It attained a certain extent in the 16th century, particularly in the days of Elizabeth, when a number of Flemish workmen settled in her dominions in consequence of the persecutions of the Duke of Alva ; and a further stimulus was given to it in 1685, by the repeal of the Edict of Nantes, and the removal in consequence of a number of French Protestant weavers to England. Numerous laws were passed for the protection and encouragement of the manufacturers ; and in 1765, the importation of foreign silks was strictly prohibited. This law gave to the English manufacturers a monopoly of the home market, from which, in the then imperfect condition of the trade, they would have been driven by foreign competition ; but it did not secure to them prosperity. By withdrawing a power- ful incentive to economize the processes, silks continued a high-priced luxury, accessible only to the wealthier classes, and of course liable to all the caprices of fashion ; while the imposition of heavy taxes on the raw material, and the com- petition of the smuggler, tended farther to increase the evil. Under the combined influence of these causes the trade increased slowly ; those who embarked in it were exposed to continued alternations of prosperity and distress ; and down to 1824, the silk manufacture, notwithstanding all the protection it had received, could not be said to be firmly established. In that year, however, influenced by the suggestions of Mr Huskisson, a bold and enlightened policy was adopted by our government. The high duties of 4s. per lb. imposed upon raw silk, and of 14s. 8d. per lb. upon undyed thrown silk, were reduced ; the former to 3d., and the latter to 7s. 6d. per lb. ; and in 1829, to the rates of Id. and 3s. 6d. respectively. The prohibitory act of 1765 was also repealed, and a scale of duties adopted (equivalent to 30 per cent. dd valorem), under which foreign manufactured silk goods might be imported after July 5, 1826. In the tariff of 1842, the duty on undyed thrown silk was farther reduced to Is. the lb. ; but no alteration was made on the rates on manufactures. The consequence of Mr Huskisson's reductions was a great and sudden increase of the silk-trade. The manufacturers at first suffered severely from foreign com- petition ; but this evil was partial and temporary. Stimulated by that rivalry, such improvements were effected in the quality of our fabrics as rendered them equal, and in some cases superior, to the most beautiful productions of other coun- tries. At the same time, by the reduction of the cost of the raw material, and by conducting the several processes upon a scale, and according to principles, admitting of great economy, British silks have not only been placed within the reach of the humbler classes, but in other markets have been brought into success- ful competition with those of foreign production. As this country is entirely dependent upon foreign states for the supply of the raw material, the quantity of goods made must be proportional to the unmanufac- tured silk imported. In the 10 years preceding 1824, the quantity of raw and thrown silk used amounted to 19,409,020 lbs., being an average of 1,940,902 lbs. per annum ; and in the 12 years following the change of system, the quantity used was 49,973,331 lbs., or 4,164,444 lbs. per annum, being an increase over the average SIL 619 SIL of the former period of 114 per cent. (Porter's Progress of the Xation, § 2, ch. ii. . ) It is further remarkable that, notwithstanding this increase, the impor- tation of thrown silk has of late sensibly diminished. The spur of competition has led to the introduction of improved machinery into our throwing mUls, the effect of which has been to lessen Dy more than one-half the cost of the process. Both branches of the manufacture have been thus prodigiously expanded ; so that in every article of plain manufacture, and of what are called heavy goods, we have now little to apprehend from the free competition of our neighbours ; while in regard to mixed goods, composed partly of worsted or cotton and silk, we stand without a rival. It is chiefly in light and fancy articles, the work on which is proportionally greater with reference to their value than where a larger quantity of material is used, that the competition of foreigners, owing to their cheaper rate of labour, is successful. The Lyonese manufacturer is, besides, entitled to a preference for his fancy goods, as a reward for the superior taste and ingenuity displayed by him in the invention of patterns and the combination of colours. This superiority is owing chiefly to the gratuitous instruction which is afforded to the work-people in drawing and designing in a great school of arts at that city ; but the increasing attention now paid to these subjects in this country, affords reason for hoping that, even in the fancy department, the British manufac- turer will not be long behind his foreign competitors. The numerous fabrics woven from silk may in general be classed under the head of Broad Silks, comprehending velvets, damasks, satins, levantines, ducapes, gros-de-naples, sarcenets, persians, gauze, &c. ; Crapes ,- Handkerchiefs, embracing bandanas, barcelonas, and similar textures; Ribands ; Hose and gloves ; Mixed goods, comprehending bombazines, poplins, lustres, shawls, and all the fabrics in which silk forms a component part. [Bee these different heads.] Silk is, besides, used in the manufacture of a number of small articles. A variety of processes are followed. In weaving plain goods, a simple loom is employed, which in construction does not materially differ from that used for other fabrics ; but figure- weaving, or the art of producing various patterns in the cloth, is generally performed by a loom invented by M. Jacquard, an ingenious but unfortunate weaver of Lyons. The Jacquard loom was introduced into this country ; and as by its means the most beautiful products can be accom- plished by men of ordinary skill, and with little more labour than that required for the plainest goods, it has entirely taken the place of every other method of figured silk wearing. Power- weaving is employed for the production of both broad silks and ribands ; but owing to the delicacy of the texture of silk, it is not considered susceptible of much extension in any save common ar- ticles. It is prosecuted chiefly in factories in Cheshire, Lancashire, and Norfolk. The principal seats of the manufacture in this country are, — for broad silks, Spitalfields, Man- chester, Macclesfield, Glasgow, Paisley, and Dublin ; for crapes, Norfolk, Suffolk, Essex, Mid- dlesex, and Somerset; for handkerchiefs, Manchester, Macclesfield, Paisley, and Glasgow; for ribands, Coventry ; for hosiery, Derby ; and for mixed goods, Norwich, Manchester, Paisley, and Dublin. The annual value of the manufacture is estimated at nearly £10,000,000 ; more than 9-K'ths of which are for home consumption. The foreign states in which the manufacture chiefly exists are China, India, France, Italy, and Switzerland. The importations into this country are almost wholly from France and India ; the former consisting chiefly of plain and figured silks, ribands and gauzes, millinery and made-up goods, with a small quantity of crape and velvet ; the latter chiefly of bandanas and other hand- kerchiefs. Only about l-5th of the importations from India is entered for home consumption, the re- mainder being re-exported to France, Germany, Spain, and America. Progress of the Silk Trade of the United Kingdom from 1827 to 1840. 1827. French or European silks (exclusive of lace and millinery) entered for home consumption Ibs.l India silks: Bandanas, romals, &c, do., | pieces, Crape, shawls, scarfs, gown! pieces, &c, do No. Taffeties, &c, do .pieces, 115,278 55,183 24,200 18,150 Raw and waste silk, do lbs. I 3,759,138 Thrown silk, do lbs.\ 454,015 British silk manufactures exported: de-| clared value £ 236,344 1830. 126 ; 77: 17 2 4,256 436: 578 ,370 m m m 982 ,535 ,048 1835. 2,740 1,813 ,406,846 251,370 973,786 243,246 100,838 463 1,290 4,531,115 288,147 792,648 The exports of British silks are chiefly to the United States and the Colonies ; they are also shipped to S. America, Germany, Belgium, and even India and France ; to which last, goods to the amount of about ,£50,000 are now sent annually. In 1851, the declared value of silk manufactures exported was £1,134,931 ; of thrown silk, twist or yarn, £198,638 : total, £1,331,359. But see Supplement. Por further information, we must refer to the volume M Silk Manufacture" of Dr. Lardner's Cabinet Cyclopaedia, and to Dr. Ure's Philosophy of Manufactures, &c SILVER (Fr. Argent. Thi. Zih-er. Ger. Sitter. It. Argento. Por. Prata. Bus. Serebro. Sp. Plata. Per. Nokra), a metal of a beautiful white colour and SIM 620 SIZ great lustre. Sp. gr. 10'5. In malleability and ductility it exceeds all metals except gold. It may be extended into leaves not exceeding 1-1 0,000th of an inch in thickness, and drawn into wire finer than a human hair. Fusing point, 1873° Fahrenheit. Silver is one of the metals which have been longest known ; and its uses are numerous and important. Alloyed with copper, it is employed throughout the world for coins, and in the manufacture of a variety of articles of household furniture and ornament, for which purpose it is well adapted by its great un- alterability. In the arts it is extensively used, particularly for silvering or plating other metals. The oxide of silver is used for colouring porcelain. The nitrate of silver is the strongest and most manageable caustic known in surgery. Silver occurs in the metallic or native state in fine filaments, disseminated through rocks, but chiefly in veins in primitive and secondary mountains. It also occurs in combination with other metals, and with sulphur. The great source of supply is Mexico ; but considerable quantities are also obtained in Peru, and other parts of South America, Russia, Austria, and Norway. In England it is found in small quantities in the lead mines. [Bullion. Cotn. Plate.] SIMARUBA, the tough, fibrous, bitter bark of the Quassia Simarnba. It is imported in bales from the W. Indies ; and its infusion is used as a tonic. SINGAPORE, a small island at the eastern extremity of the Strait of Malacca, the site of a flourishing British settlement. Length, 25 miles ; breadth, 15 ; area, 270 sq. miles. The town is situate in lat. 1° 17' N., and long. 103° 51' E. Population, 60,000, mostly Chinese and Malays. The island belongs to the East India Company. This settlement was projected by Sir Stamford Raffles in 1818 as an emporium for the commerce of the Eastern Islands,— the British intercourse with which had materially suffered by the restora- tion of Java to the Dutch at the close of the war. The island was purchased from the Princes of Jehore in 1819, and its sovereignty confirmed to Great Britain in 1825, by a convention with these princes and the King of Holland. Its climate is highly salubrious, being freshened with sea breezes. The rainy months are the coldest, namely, December' and January ; and the driest months, April and May, the hottest. Being, however, not above 80 miles from the equator, there is little variety in the seasons, and Fahrenheit ranges only from about 70° to 90°. Fruits, catechu or gambier, and a few spices, are the only vegetable productions of the island deserving of notice ; and the preparation of pearl sago and iron implements by the Chinese are almost the sole manufac- tures. Singapore derives its importance solely from being an entrepot for the commerce between Eastern and Western Asia, and also between the latter and Europe. For this it is admirably suited by its geographical position, being in the direct track of vessels going betwixt the Indian and Chinese seas, and in the immediate vicinity of the Malay peninsula and the richest of the Indian islands. When founded in 1819 it was inhabited by only a few hundred Malay fishermen ; but in a very few years it became, next to Batavia, the greatest port in the Eastern Archipelago. The town is situate on a salt creek near the W. part of a bay on the S. coast. Ships lie in the roads at the distance of from one to two miles according to their draught ; but cargoes are discharged or taken in with safety by means of lighters. All provisions, except fish, are dear. Singapore is in every respect a free port, there being neither import or export duties, nor harbour or shipping dues. The mode of transacting business is described by Mr Crawfurd as simple and efficient. The European merchants, or rather factors, most of them acting on commission, do not trust their affairs to native agents, but transact them in person, with the occasional assistance of a Chinese Creole as an interpreter and broker. There is scarcely a port whose trade is so diversified as that of Singapore. The chief Asia- tic productions to be found in its market are gold dust, pepper, Banca tin, edible birds' nests, coffee, raw silk, sugar, tortoise-shell, beches-de-mer, cassia, sago, ebony, catechu, rattans, and a multitude of other articles, the produce of the countries described under the heads Eastern Islands, Siam, Annam, and Philippines, which are re-exported, principally to England, China, and India, in exchange for British cottons, woollens, iron, hardware, firearms, Chinese articles and Indian piece goods, opium, &c. Of late years the aggregate amount of imports and exports has been about §15,000,000, or nearly £3,200,000. The intercourse with China, the Eastern Peninsula, and islands in the Archipelago, is conducted by natives in junks, proas, and craft of the most varied description, — every year showing an addi- tion to their number and to the places in which they have been equipped. If to these be added the European, Indian, and American vessels, the whole amount of shipping annually entering Singapore is considerably upwards of 200,000 tons. S Measures, Money, &c. Measures and Weights. — The covid, cloth the corge or score. The gold and silver weight measure, = 18 Imp. inches. The gantang of 2 is the buncal, which weighs 2 dollars, or 832 troy bamboos, by which liquids, grain, and fruit, are grains. British measures and weights are gene- sometimes sold, = l} English gallon, or 1*04 rally employed in the sale of European commu- Imp. gallon. The common weight is the Chinese dities. pecul of 100 catties, or 1600 taels, = 133J lbs. Money.— Accounts are stated in Spanish dol- avoirdupois. Salt, rice (from Siam and the lars divided into 100 cents; also in rupees, an- Malayan archipelago), and sago, are sold by the nas, and pice, as in India. Bills are commonly koyan of 40 peculs. Bengal rice and corn are drawn on London at 6 months' sight ; and on sold by the bag containing 2 Bengal maunds, or Calcutta, Bombay, ftf 164iV lbs - avoirdupois. Piece goods are sold by ton, at 30 days' sight. SINKING FUND. [Interest (Compound) and Annuities.] SIZE, a gelatinous substance, obtained from parchment shavings, fish skin, and SKA m\ SLA several animal membranes. It is less adhesive than glue ; and is used by book- binders, paper-hangers, and painters. Sometimes it is mixed with flour and gum. SKATE or RAY, a flat fish {Rata), of a rhomboidal form, with a long narrow tail. Eight or nine distinct species frequent the British coasts. As food, the skate is held in very different degrees of estimation in different places. In London, particularly, large quantities are consumed, and the flesh is considered delicate and well flavoured ; but in some parts of the coast it is seldom devoted to any purpose beyond that of baiting pots for catching crabs and lobsters. Skate are in the best condition for the table during autumn and winter. In spring, and in the early part of summer, they are usually maturing eggs or young ; and their flesh is then soft and woolly. The French are great consumers of skate. SKINS (Fr. Peaux. Ger. Felle. It. Pelli. Por. Pelles. Sp. Pieles), as dis- tinguished in commerce from Hides, are those — such as calf, goat, kid, and lamb skins— which, when prepared, are used in bookbinding, glove-making, and other lighter descriptions or leather-work. Calf and kip skins are largely imported from Russia and Germany. Kip is a term used in trade to distinguish heifer-skins, or such as are between the ox and cow hide and the calf-skin. Goat-skins are brought chiefly from Morocco and other parts of Barbary, Cape of Good Hope, India, France, and Germany. Kid-skins are extensively imported for the glove-manufacture, both in a dressed and undressed state ; the former solely from France, the latter mostly from Italy and India. Lamb-skins are brought in considerable numbers — from 1,500,000 to 2,000,000 annually— from Italy and the adjoining islands. The chief other kinds which enter into our import-trade are deer-skins from the United States, and seal-skins from British America. [Fur Trade.] SLATE (Fr. Ardoise. Ger. Schiefer), a laminated stony substance, of which there are many kinds ; though the only one of commercial importance is clay-slate, employed for roofing. It is also used in large slabs to form cisterns, for shelves in dairies, for paving the floors of cellars and warehouses, and for other purposes for which its strength, durability, coolness, and the ease with which it can be cleaned, owing to its non-absorbing property, adapt it : some fine varieties, rubbed smooth with sand, are likewise employed as a writing material, forming the well- known school-slate. The principal slate-quarries in Britain are in Wales, Cum- berland, and Scotland ; the most extensive being in Carmarthen, near Bangor, and at Easdale and Ballachulish in Argyllshire. The chief other kinds are, Polishing-slate, a light brittle substance of a cream- yellow colour, found at Zwickau in Saxony, Bilin in Bohemia, and Auvergne; and Drawing-slate, of a grayish-black colour, used for crayons, the best kinds of which are found in Spain, Italy, and France. SLAVE-TRADE. " The principle of co-operation," according to Mr Wakefield, " explains the origin of slavery, the abolition of slavery in some countries, and the steady progress which slavery is making in others." " All nations, or nearly all, have undergone the state of slavery, sometimes making slaves of the people of the country, sometimes obtaining slaves by means either of purchase from other na- tions, or of war ; and it is equally remarkable, that wherever population has in- creased so as to render land scarce, so as to provide for the combination of free labour, slavery has either assumed a very mild form, or has been wholly abolished. It is also remarkable, that slavery was revived in America by nations which had lately abolished it in Europe. Bodies of emigrants from Spain, England, and other European countries, settled in America, and took possession in every case of such a quantity of land, that there was enough, and more than enough, for all the settlers. With such abundance of land that every one could readily obtain a piece for himself, there would have been little combination of labour amongst these people, if they had not obtained slaves who might be compelled to help each other. All of these bodies of settlers did obtain slaves of one sort or other ; either red men, the natives of the country, or black men purchased in Africa, or crimi- nals transported from Europe, or Europeans, not criminals, who were kidnapped and sold like the black natives of Africa." {Edition of the Wealth of Nations by the Author of England and America, vol. i. p. 45-47.) The practice of purchasing African negroes for the purpose of employing them in the mines and plantations of America, was begun by the Portuguese in 1503, and it gradually increased with the extension of European settlements in the New World. In course of time, the atrocities with which it was attended attracted the notice of philanthropists ; and in 1788 they were brought before the House of Commons by Mr Wilberforce ; through whose exertions, aided as they were by several of the most eminent statesmen of the day, and supported throughout the kingdom by the powerful agitation of Thomas Clarkson, Zachary Macaulay, and others, chiefly members of the Society of Friends, an act was passed, March 25, SLA 622 SLA 1807, prohibiting slave-trading in the British colonies from and after January 1, 1808. This statute, however, merely subjected offenders to pecuniary penalties ; and it is only since 1811, when, by Mr Brougham's exertions, slave-trading was enacted to be felony, that it has entirely ceased in our colonies. At the close of the war (1814-15), the British government endeavoured to obtain the concurrence of foreign powers in the abolition ; and eventually the whole of them passed laws prohibiting the traffic. They all likewise agreed to a mutual right of search, except the United States'; though this power was the first to pro- hibit the importation of negroes. The exertions of the abolitionists in Britain were then directed with augmented energy against the existence of slavery itself ; which at length was abolished throughout the colonies by the statute 3 & 4 Wm. IV. c. 73, which enacted, that on August 1, 1834, the slaves then existing were to become apprenticed labourers ; the term of their apprenticeship being fixed to expire partly on August 1, 1838, and partly on August 1, 1840, when they were to become altogether free. To attain this mighty object, there was voted to the planters, as compensation, the sum of £20,000,000 ; which was distributed as follow. Bermuda Bahamas. Jamaica Honduras , Virgin Islands , Antigua Montserrat Nevis. , St Christophers Dominica Barbadoes Grenada St Vincents Tobago St Lucia Trinidad British Guiana Cape of Good Hope. Mauritius 27 29 44 120 31 32 4 11| 18 9| 15 24 4 74 16 13 12 10| 17 103 3 111 6 104 8 7i 1 3J 6 6 8 12 01 18 7 4 54 11 5* 9 11 14 3 4,203 9,705 311,692 1,920 5,192 29,537 6,355 8,722 20,660 14,384 82,807 23,536 22,997 11,621 13,348 22,359 84,915 38,427 68,613 780,993 114,527 290,573 13,951,139 230,844 165,143 964,198 234,466 341,893 750,840 624,715 3,897,276 1,395,684 1,341,491 529,941 759,890 2,352,655 9,729.047 2,824,224 4,783,183 7 5i 15 3| 2 3 9 2 8 10i 8 04 6 31 7 1 2 19 01 16 13 4 16 21 10 4 18 03 13 54 Share of the '..20,000,000 to each Colony. 50,584 7 128,340 7 6,161,927 5 101,958 19 72,940 8 425,866 7 103,558 18 151,007 2 331,630 10 275,9i3 12 1,721,345 19 616,444 17 592,508 18 234,064 4 335,627 15 1,039,119 1 4,297,117 10 1,247,401 2,112,632 10 Deficient frac! 0141 53-47 l(i3-5.'l 74*92 54 76 04-13 5 -38 113-35 74-82 81 -3( 7 -871 7 -<>3 04-93 113-55 113-19 31-11 61-30 737(i 11306 ions M'8 45,281,738 15 104 20,000,000 Besides Great Britain, the northern states of the N. American Union, and the Spanish American republics, have emancipated their negroes ; but slavery still exists in most other parts of the western hemisphere. According to the latest accounts, the number of slaves in the southern states of the N. American Union is 2,500,000 ; in Brazil, 3,000,000 ; and in Cuba, Puerto Rico, and other places, 520,000 ; in all which there is of course still an extensive traffic. In addition to this internal trade, however, negroes are extensively imported into Brazil, Cuba, and other places, notwithstanding the treaties to the contrary, and the maintenance by Britain of cruisers for the purpose of securing their ful- filment. This illicit trade is chiefly followed on the African coast, between the Niger and Angola ; and its extent shows that it must be connived at by the local authorities of those states, or that they are unable to prevent it. It is further to be regretted, that, since the slave-trade has been declared illegal, the suffer- ings of the negroes have been greatly increased, owing to its being necessary to coop them up in small compass in their passage across the Atlantic, the better to avoid the British cruisers, while a pursuit by the latter often leads to their being thrown overboard. The loss of life in the middle passage is supposed to average one-fourth of the cargo ; which is exclusive of that produced by the wars among the African tribes, in order to procure captives for the slavers, and by the " sea- soning" of the negroes after their reaching the American main or the West Indies. The commodities given in exchange for the slaves in Africa consist chiefly of coarse arms and gunpowder, imported into Brazil and other places expressly for this in- famous traffic from England and Belgium, the common cotton fabrics well known in the British manufacturing districts under the name of " coast goods," and the other articles peculiar to the African trade detailed under the head Nigrjtia. SLI 623 SMU Tho shipping craft employed is chiefly of the build of the United States. The negroes seized on board slave-vessels by the English cruisers are, we may add, generally carried to the British settlement of Sierra Leone. In addition to the trade in slaves on the western coast of Africa, there is a pe- riodical exportation of them by caravans from Soudan to the Barbary States and to Egypt. Many of these, according to Dr Bowring {Report on Egypt, p. 87), are boys who have been cruelly mutilated at Kordofan for employment in the harems. There is also a considerable slave-trade carried on by the subjects of the Sultan of Muscat from Zanzibar, as well as by the Portuguese from Mozambique, for the supply of various parts of the East. For further information respecting the slave-trade, we must refer to the works of T. Clarkson, Mr Stephen, Sir T. Fowell Buxton, and others exclusively devoted to the subject. The numerous conventions on the subject between Great Britain and other powers will be found in Mr Hertslet's Collection of Treaties. S SLIP, a term applied to a place with a gradual slope on the banks of a water, suited for shipbuilding ; also to an ingenious apparatus, invented and patented by the late Mr Thomas Morton of Leith, for hauling vessels up to be repaired. Morton's Patent Slip is a cheap substitute for dry docks, where it has not been deemed expe- dient or practicable to construct them. A vessel, on being placed in it, is in a similar situation to one upon a building slip ; and a ship may be hauled up, have her bottom inspected, and even get a trilling repair, and be launched, in the same tide. A vessel is hauled up at the rate of 2£ to 5 feet per minute, by 6 men to every 100 tons. The whole cost of a slip, with an iron capstan-wheel purchase, &c, capable of containing at least two vessels (but exclusive of expense of laying down), is, for those of KMJ tons, laying-ways 250 feet long, £400; for those of 200 tons, ways 280 feet, , £350 ; and so on according to dimension. The apparatus is portable, and possesses other advan- tages, as explained in the Edinburgh Encyclopaedia, article Slip, and Rickman's Life of Telford, pp. 134, 336. Morton slips are now in operation in almost all our principal ports, as well as at Calcutta, Quebec, Marseilles, Odessa, Philadelphia, and other places abroad. SLOOP, a vessel with one mast, like a cutter, but having a jib-stay. SMALT (Ger. Schmalz), called also azure or powder blue, is a vitreous sub- stance, procured by roasting zaffre and potashes, or by fusing cobalt ore, flints, and potashes. In either way a blue glass is formed, which is afterwards pulver- ized. Smalt is employed for relieving the yellow tint of writing-paper and linen, staining glass, porcelain, and earthenware, and for giving a blueish colour to starch. It is manufactured in Norway and Germany ; from whence about 120,000 lbs. are annuallv imported into the United Kingdom. SMELT or SPIRLING, a small fish (Osmerus eperlanus, Cuv.) of the salmon kind, plentiful on the E. and W. coasts of Britain ; length about seven inches. It ascends the rivers in August, and, after spawning in March or April, returns to the sea. The Medway smelts have a high reputation. The smelt is commonly in great request from its delicacy and flavour : the peculiar cucumber-like smell of this fish is well known. SMUGGLING, contraband trading, or importing goods without paying duty. This is a practice which can only be stopped by a moderate tariff. When duties are excessive, experience has shown that an illegal traffic will be created, which no power or ingenuity can put down. At present, owing to injudicious fiscal regula- tions, smuggling is carried on to a greater or less extent in almost all countries. In our own it prevails chiefly in reference to the trade with France, owing to its proximity, and the high duties exacted on many of its productions ; and it ap- pears, from the Report of the Import Duties Committee, 1840, that it has been so completely reduced to a system, as to be the subject of regular charges. These, according to Mr Macgregor's evidence, are 9 per cent, upon certain qualities of silk and fine goods ; while for 10 and 12 per cent, all but the heavy goods can be in- sured into this country (p. 13). This report likewise explains that the high pro- tective duty on French goods, while it promotes and encourages smuggling, and consequently interferes with the revenue, does not at all secure employment to the protected manufacturers in this country ; for, adds Mr Macgregor, " it is a truism which experience has proved in every country in Europe, that the moment the duty is higher than the premium for smuggling, it ceases to be protective." (Ibid.) The weight of these reasons was felt in framing the tariff of 1842, in which many of the former duties were lowered ; and a reduction of the excessive rates still maintained on brandy and some other articles only awaits, we believe, the conclu- sion of a commercial treaty with France. But the abolition of smuggling by wise and moderate legislation is desirable on higher grounds. The moral influence of the law is impaired when it first tempts to its own violation, and then punishes ; for a sympathy is thereby created in favour of the breakers of it. In Spain, into which, from oppressive duties, immense SNO SOA quantities of merchandise are smuggled by way of Gibraltar and Portugal, no one is more popular or more interesting than the bold contrabandista. Multiplied evils beside now from the bribery and corruption generated by extravagant duties. On these grounds, there are probably few reforms to which the friends of order in all countries could be more usefully directed than in establishing such fiscal regulations as should preserve illicit trade at a minimum. In the United Kingdom, the direct cost of protecting the customs revenue, by means of a preventive guard and cruisers, is about £500,000, which is exclusive of the charges for custom-house officials. A few cruisers are also maintained on account of the excise revenue, besides an expensive revenue police in Ireland. The chief existing act for the suppression of smuggling is 3 & 4 Wm. IV. c. 53. Vessels and boats belonging in the whole or in part to British subjects, having false bulkheads, false bows, double sides or bottoms, or any secret place adapted for concealing goods, or having any hole, pipe, or other device, adapted for run- ning goods, are forfeited, with all guns, furni- ture, ammunition, tackle, and apparel; and all foreign vessels or boats, not square-rigged, coming to or arriving at any port of the United Kingdom, having on board goods liable to the payment of duties or prohibited, concealed in false bulkheads, bows, double. sides or bottoms, or any secret place, are forfeited, 3 & 4 Win. IV. c. 53, § 14. If goods subject to any duty or restriction, or prohibited, be concealed in any manner on board any vessel, all such goods, and all other goods packed with them, are forfeited (§ 15). Vessels^of British ownership, not square-rigged or propelled by steam, and all such vessels, whether propelled by steam or otherwise, of less burden than 200 tons, of which the length is to the breadth in a greater proportion than 3 feet 6 inches to 1 foot, and all such last-mentioned vessels carrying arms, and all vessels of more than 200 tons burden, armed with more than 2 carriage guns of a calibre exceeding 4 lbs., and with more than 2 muskets for every 10 men, and all boats of such ownership, found within 100 leagues of the coast, are forfeited, unless the owners have obtained a license from the Com- missioners of Customs (§ 16). [But by 5 &6 Vict, c 47, §§32 and 33, the provision as to vessels under 200 tons is, where the measurement is made by 6 & 6 Wm. IV. c. 56, to apply to vessels under 170 tons.] Every vessel of such ownership, or whereof one-half of the crew are British subjects, is restricted in its men (officers and boys included) to the following proportions: viz., if of 30 tons or under, and above 5 tons, 4 men ; if of 60 tons or under, and above 30, 5 men ; if of 80 tons or under, and above 60, 6 men ; if of 100 tons or under, and above 80, 7 men ; and above that tonnage, 1 man for every 15 tons additional. In a lugger, the following are the proportions : if of 30 tons or under, 8 men ; if of 50 tons or under, and above 30, 9 men ; if of 60 tons or under, and above 50, 10 men; if of 80 tons or under, and above 60, 11 men ; if of 100 tons or under, and above 80, 12 men ; and if above 100 tons, 1 man for every 10 tons additional. A vessel in which these restrictions are exceeded, found within 100 leagues of the coast, is forfeited, unless especially licensed by the commissioners (3 & 4 Wm. IV. c. 53, § 17). Boats solely employed in the fisheries, and boats belongingto square-rigged merchant vessels, and life-boats or tow-boats belonging to licensed pilots, and boats used solely in rivers or inland navigation, and in fishing on the coasts of the North and West Highlands of Scotland, and of Ireland, are not included in the above provisions (§ 23). [By 6 & 7 Wm. IV. c. 60, § 8, licenses are. not required for vessels solely engaged in fishing on the coasts of Scotland.] If goods liable to the payment of duties be un- shipped from any vessel or boat (the duties not being first paid or secured), or if any prohibited goods be imported, or if any goods, "warehoused in the United Kingdom, for home consumption or exportation, be clandestinely removed, all such goods are forfeited, together with all cattle, carriages, and other things, used in the removal (3 & 4 Wm. IV. c. 53, § 28). Persons making collusive seizures, or making arrangements to restore goods seized, or taking bribes, forfeit £500 for each offence, and are rendered in- capable of serving in any government-office, civil or military ; and any person attempting to seduce them to any such dereliction of duty, forfeits £200 (§33). Every person concerned in the unshipping of prohibited or uncustomed goods, or knowingly harbouring, or suffering to be harboured, such goods or goods illegally removed from the ware- house ; and every person to whose hands any such uncustomed or prohibited goods may know- ingly come, or who may be in anywise concerned in their illegal removal from the warehouse, for- feits either treble value thereof, or £100, at the election of the commissioners (§44). Every person who insures or undertakes to deliver uncustomed or prohibited goods, or who in pursuance of such insurance or otherwise, de- livers such goods, and every aider or abettor, for every such offence forfeits £500, over and above any other penalty to which by law he may be liable ; and every person agreeing to pay for such insurance or conveyance, or receiving or taking such goods into his custody, or suffering them to be so received.suffersa like penalty ( §46). If any person offer for sale goods under pretence that they are prohibited, or have been unshipped and run on shore without payment of duties, such goods (although neither liable to duties nor prohibited) are forfeited, and the person forfeits the treble value, or £100, at the election of the commissioners (§ 47). When goods are seized, and any dispute arises whether the duties have been paid, or they have been lawfully imported, or concerning tiie place whence they are brought, the proof lies on t lie owner, and not on the officer seizing (§ 114). Prosecutions before the superior courts must be brought within 3 years after the cause of action, and those bcforejustices within 6months (§ 120). But where a person has escaped from custody, information may be laid before justices after the 6 months (§ 121). SNOW, a vessel rigged in the same manner as a brig, except that the mainsail is attached to a small mast abaft and very near the mainmast. SNUFF (Fr. Tubac en poudre. Ger. Schnupftaback). [Tobacco.] SOAP (Du. Zeep. Fr. Savon. Ger. Seife. It. Sapone. Por. Sabao. Pus. Mulo. Sp. Jabcn), a detergent compound, made by uniting a fatty or oily body SOD 625 SOL with the alkalies soda or potash ; the union of soda forming hard, and of potash soft soap. Of the former, the principal qualities manufactured in Britain are, — n-hite soap, composed chiefly of tallow and soda, but, for some purposes, of olive- oil and soda ; yellow soap, made of tallow, rosin, and soda, adding occasionally a little palm-oil ; mottled soap, formed of tallow, kitchen stuflf, and soda, — its pecu- liar appearance being communicated by dispersing the lees through it towards the end ot the operation ; brown soap, made from palm-oil, rosin, and soda. Soft soap consists usually of potash and oil ; the latter being generally fish oil, but occa- sionally linseed oil and cocoa-nut oil. Besides the above, there are a variety of toilet soaps, hard as well as soft, in the preparation of which perfumes and other ingre- dients are employed. In Britain, where the soap manufacture is of great importance, the hard kind is made chiefly at Liverpool and London, but in considerable quantities also at Runcorn, Bristol, Brentford, Hull, Bromsgrove, Plymouth, and Smethwick, and at Glasgow and Leith in Scotland; the soft kind is made principally at Liverpool, Glasgow, and Bradford ; and a kind called silicated soap is like- wise extensively manufactured at Liverpool. From the excise returns, it appears that there were made, in 1841, in England, 140,712,533 lbs. hard, 9,788,851 lbs. soft, and 3,921,862 lbs. silicated; in Scotland, 10,708,464 lbs. hard, and 4,535,030 lbs. soft ; making in all 169,666,742 lbs. ; which is an increase of about 30 per cent, since 1832. An allowance or drawback of duty is made on the soap used in the woollen, silk, flax, and cotton manufactures, which, in 1841, was granted on 10,190,160 lbs. hard, and 9,090,184 lbs. soft ; the allowances amounting to £78,112. In the same year, the net amount yielded by the soap-duty to the public revenue was £815,864. In Ireland, where soap is not subject to excise-duty, the manufacture is carried on chiefly at Belfast, Londonderry, Limerick, and Cork ; but the quantity made is insufficient for the consump- tion ; and, in 1841, 9,818,769 lbs. hard, and 224,728 lbs. soft, were imported from Britain, the duty on which was drawn back on shipment. The exemption of Ireland from duty leads to fraudulent practices both there and in Britain, into which Irish soap is said to be largely smuggled. The excise duty on soap was first imposed in Britain in 1711, when it was fixed at Id. per lb. It was raised in 1713 to lid. per lb. ; and again, in 1782, when hard and soft soap were first dis- tinguished, the former being rated at 2id., and the latter at 1 Jd. per lb. In 1816, that on hard soap was increased to 3d. per lb. But since May 31, 1833, the duty has been lid. per lb. on hard soap, and Id. per lb. on soft. In 1839, the number of soap manufacturers in England was 177 ; in Scotland, 19 ; and in Ireland, 183. Each requires an annual license, costing £4. The soap-maker was formerly subjected to an arbitrary and vexatious interference from the ex- cise ; but of late years the regulations have been greatly improved, and there is now no superin- tendence of the process of manufacture, which may be conducted in any way or of any material. The existing act is the 3 T et Duty,.. £ l,629,88l'l,415,06ll 5,189,66ll 8,234,603 l,063,087'l, 354,079 5,168,862J 7,586,028 3,624,5971,258,999 21,845,408 26,729,004 1841. Brandy, &c. British Spirits. i I 2,277,970 1,186,104 20,660,847 24, The number of gallons distilled in 1841 were as follows : — In England, 5,919,207 ; Scotland, 8,5i'4,333; Ireland, 6,359,124 ; total, 20,782,664. Imported into England— from Scotland, l,8y4,657 gallons, from Ireland, 354,893 ; into Ireland from Scotland, 569,779 gallons ; into Scotland from Ireland, 98,253 gallons. S SPONGE (Fr. Eponge. Ger. Schwamm. It. Spugna. Arab. Isfenj), a light, porous, elastic, brownish yellow substance, procured by divers, chiefly in the Greek Archipelago and Red Sea, and of an inferior description in the West Indies. It is now ascertained to be a species of zoophyte. It grows into irregular tubes of a woolly consistence, and generally adheres by a broad base to rocks submersed in the ocean. When first taken, it has a strong fishy smell, and requires to be care- fully washed from a gelatinous slime which covers its surface, in order to prevent its growing putrid. Sponges are prepared for use by washing them anew and beating them free of all stony matter, and they are even bleached to deprive them of colour. Their price varies exceedingly, according to the fineness of their tex- ture. They are nsed for domestic purposes, in the arts, and in surgery. S SPRAT, a small fish (Clupea sprattus), resembling a young herring, found in large shoals on the Norfolk, Suffolk, Kent, and Essex coasts. It is also taken in the Forth, near Edinburgh, where it is called the garvie herring, and on the eastern coast of Irelaud. Sprats are in season from November to March, when an abun- dant supply is always to be obtained at Billingsgate. Within the last few years they have been extensively used as a manure. The fishing for this purpose, called the stow boat fishery, is chiefly prosecuted on the Kentish coast. SQUILL (Fr. Sci'le. Ger. Meerzwiebel. It. Scilla, Cipolla marina. Sp. STA g:j2 STA Cebola albarrana), or sea-onion, is a perennial bulbous-rooted plant (Scilla mari- tima), found on the shores of Spain, Portugal, North of Africa, and the Levant. The bulbs are pear-shaped, and vary in size from that of the fist to the compass of a child's head. They are the only part used, and should be chosen plump, fresh, sound, full of a clammy juice, nauseous, acrid, and bitter, and causing inflammation when rubbed on the skin. In the shops, squill is commonly met with in the form of the dried shreds of the root. It is used medicinally, chiefly as an expectorant. STADE TOLL. [Hamburg.] STAMPS, impressions made upon paper or parchment by government for the purposes of revenue. They always denote the tax levied, and sometimes the nature of the instrument stamped. Stamp-duties were first imposed in Holland, 1624 ; and they not long afterwards became general in Europe ; there being, as Adam Smith remarks, " no art which one government sooner learns of another, than that of draining money from the pockets of the people." They were introduced into England in a temporary form in 1671 ; and having been revised in 1693 (5 Wm. & M. c. 21), were in time extended, so that besides crown grants, diplomas, pro- bates of wills, and law and other formal proceedings, every instrument recording a transaction between two individuals was subjected to a stamp-duty before it could be used in a court of justice. Newspapers and legacies [Succession Duties] were also brought under the same system. Stamps were likewise adopted as a convenient method of imposing a duty upon particular classes of persons, as phy- sicians, barristers, and attorneys, who are taxed before they can begin practice, under the form of an admission-stamp ; and notaries, solicitors, bankers, pawn- brokers, and appraisers, who are not qualified to exercise their callings without a yearly license. The stamp acts, voluminous in number and extent, were consoli- dated in 1815 by 55 Geo. III. c. 184, a schedule annexed to which exhibits the whole duties exigible in Britain. They have been since mitigated, particularly by 5 Geo. IV. c. 41, which exempts law proceedings from stamps. In 1842, the stamp- duties in Ireland, formerly lower than those in the sister island, were raised to the same level, until October 10, 1845, by 5 & 6 Vict. c. 82. And the following table exhibits those chiefly of importance in commerce : — Table of principal Stamp Duties. Bills and Promissory Notes. I Debentures 5s. Insurance Policies. Not exceeding two months after date, Longer or lixty d»ys after rifkt. Period. s. d s. d For £2 and not above £5, 5s. 1 1 6 Ab. 5,5s. .. 20.... 1 6 2 20 .. 30.... 2 2 6 30 .. 60.... 2 6 3 6 50 .. 100.... 3 6 4 6 100 .. 200.... 4 6 5 200 .. 300.... 5 6 300 .. 500.... 6 8 6 500 .. 1000.... 8 6 12 6 1000 .. 2000.... 12 6 15 2000 .. 3000.... 15 25 3000 25 I 30 Foreign, Drawn singly same as inland bills. When in sets, then for every bill of t 4 each set not exceeding £'100 1 6 Above £100 and not above £200 3 200 .. 500 4 500 .. 1000 5 100O .. 2000 7 6 2000 .. 3000 10 3000 15 The duty on a promissory note for the pay- ment of any sum by instalments, or of several sums at different times, is the same as that on a promissory note payable within a period not exceeding two months after date, for a sum equal to the whole amount to be paid. N. B. — Promissory notes for £100 or under are not to be drawn payable to (he bearer on demand, except hankers' re-issuable notes, which require a different stamp. Bills of Lading 6d. Life. l. ». When sum not above £50 2 Above £50 and not above £ 100 5 100 and under £500 1 1000. 1 When 500 .. 1000 .. 3000 3 .. 3000 .. 5000 4 .. 5000 and upwards 5 Fire. Duty on each policy £0 Besides 3s. per cent, per annum on every insurance made or renewed. Exemptions.— Public hospitals ; also agricul- tural produce, farming stock, and imple- ments of husbandry, provided the insurance shall be effected by a separate and distinct policy. Sua..— Coasting Voyage. ». d. Premium not above 20s. per cent. If sum not above £100 1 3 Every £100, and also for any fractional part of £100 1 3 Premium above 20s. per cent. If sum not above £100 2 6 Every £100, and part of £100 2 6 Foreign Voyage. Premium not above 15s. per cent. If sum not above £100 1 3 Every £100, and part of £100 1 3 Premium above 15s. and not above 30s. per cent. If sum not above £100 2 6 Every £100, and part of £100 2 6 Premium above 30s. per cent. If sum not above £100 5 Every £100, and part of £100 5 For any certain term not exceeding three months. STA (533 STE s. d. Receipts «. a. Every £100, and part of £100 2 6 Formeneyamountingto£5cStunder£lO. .0 3 Exceeding three months 5 01 10 .. 20. .0 6 If the separate interests of two or more distinct 20 .. 60. .1 persons shall be insured by one policy, then 50 .. 100.. 1 6 the said duty of Is. 3d., 2s. 6d., or 5s., as the 100 . . 200. .2 6 case may require, shall be charged thereon, 200 . . 300. .4 in respect of each and every fractional part ! 300 . . 500. .5 of £100, as well as in respect of every full ! 500 1000. .7 6 sumof£100, which shall be thereby insured 1000 or upwards. .10 upon any separate and distinct interest. ! For any sum acknowledged to be in full Protests. «. d.' ofalldemands 10 On bill or note for any sum less than £20. .2 N.B. — By 9th Geo. IV. c. 27, any person who £20 and less than £100 3 purchases receipt -stamps to the amount of 100 .. 5(0 5 £1 at one and the same time, from any duly 500 or upwards 10 appointed distributor or sub-distributor, is Protest of any other kind 5 entitled to a discount of 71 per cent, on every And for every sheet upon which the same shall [ complete sum of £'1. of purchase money be written after the tirst, a further duty of5s. See Scfjlkment. The stamp laws, in reference to mercantile writings, are explained under Bills of Exchange, Policy, Receipt, and other heads. Farther information will be found in Chitty's Practical Treatise on the Stamp Laws. STAPLE, originally a public market whither traders were obliged to carry their goods for sale ; but now applied to the chief productions of a country. STARCH (Fr. A midon. Ger. Amidam), a substance found in a variety of vege- tables, but procured generally from wheat flour or potatoes. The greater part of the common or wheat starch employed in this country is made in or near London. Potato starch is made chiefly in districts where potatoes are cheap and abundant, more particularly in Scotland. The process for obtaining it, in both cases, consists in diffusing the powdered or bruised grain or seed, or the rasped root or stem, in cold water, which becomes white and turbid ; the grosser parts may be separated by a strainer, and the milky liquor that passes deposits the starch, which is to be washed in cold water and dried in a gentle heat. 100 lbs. of wheat produce about 33 lbs. starch ; and 100 parts of skinned potato from 15 to 17 parts of starch. The best kind is white, soft, and friable, and easily reduced to powder. Sp. gr. about 1'5. It is insoluble in cold water and alcohol, but readily affords a gelatinous solution in warm water, which is largely employed for stiffening articles of wearing ap- parel, and for dressing some descriptions of goods after weaving. It is also much employed by the calico-printer. Potato starch is said to be much more susceptible of moisture than wheat starch, and goods which are stiffened with it are apt to yield in damp weather, and to become mouldy if laid by. A duty of 3£d. per lb. was formerly levied in Britain on starch, but it was abolished in 1834, at which time the annual consumption was about 8,700,000 lbs. S STEAM-ENGINE, a piece of mechanism by which the force arising from the pro- perties of elasticity and of instantaneous condensation, possessed by steam, is either employed I o produce a continuous rotatory motion (with a fly-wheel which constitutes a reservoir of power) for the purpose of driving machinery, or for any other use that power may be put to. In common with most other important applications of physical principles, no individual can lay claim to its invention ; but its germ is to be found in the steam-pumps of the Marquis of Worcester (1663) and Captain Savery (1698); and in a more advanced state in the "atmospheric engine" of Newcomen (1705), also employed for pumping water only, but which, by the genius of James Watt (b. 1736, d. 1819), was eventually converted into the modern steam-engine. [Machinery.] S STEAM NAVIGATION was attempted by various individuals in the course of the 18th century ; but the experiments which tended more than any other to develop this application of steam were the joint labour of three Scotsmen— Patrick Miller of Dalswinton, Dumfriesshire, James Taylor, his son's tutor, and William Symington, mining-engineer, — Miller preparing the proper vessel and propelling apparatus, Taylor recommending the steam-engine as the working-agent, and Symington effecting the modifications necessary in its structure. This took place between 1786 and 1789 ; and in 1802 a steam-tug, made by Symington, with a single paddle-wheel in the stern, was placed on the Forth and Clyde Canal ; but the project was abandoned through fear that the undulation produced by it would prove injurious to the banks. Symington's apparatus, though then neglected in this country, had been seen and examined by many, and especially by Robert Fulton, an American, then studying painting under West ; and who, with less merit as an inventor than Symington, but with more ample resources and greater STE 634 STO energy, succeeded, in conjunction with Chancellor Livingstone, in introducing steam navigation into the United States in 1807, when the Clermont of 160 tons was launched at New York. Four years afterwards, it was successfully estab- lished in this country by Henry Bell, an enterprising house-carpenter of Glasgow, who in 1811 started the Comet, of 25 tons burden and 3 horse power, to ply to a bath hotel which he had set up at Helensburgh. The progress of steam navigation was afterwards rapid, particularly in the United States, owing to the number and extent of its rivers, for which alone steamers were at first considered to be adapted. As improvement advanced, how- ever, and confidence increased, they came gradually into use as marine vessels, for which purpose they were first fitted in 1818 by David Napier, engineer, Glasgow, who, from that year until 1830, effected more for the improvement of steam naviga- tion than any other man ; and whose cousin, Robert Napier, is also honourably distinguished in the same walk. Mr David Napier established regular steam com- munication between Britain and France and Ireland ; by degrees almost all parts of the shores of Europe were traversed in like manner ; and in 1838 a line of steamers, of gigantic size, commenced running between England and the United States. Steam-vessela have since been adopted for many other parts of the ocean; and their increasing use in every civilized country has produced, and is daily producing, results which it is impossible fully to estimate. We refrain from entering into any details respecting the formation of steam- vessels ; but we may notice that of late years not a few have been built of iron, from its superior buoyancy to wood ; and that a magnificent one called the Mam- moth or Great Britain, is about to be launched at Bristol, on which 1500 tons of iron have been expended. Her dimensions are given as follows : — Length of keel, 282 feet ; length over all, 324 feet ; breadth, 51 feet ; depth of hold, 32 feet ; power of engines, 1000 horses ; burden, 3200 tons ; displacement, 3000 tons ; and load draught, only 16 feet. The hull is divided into five distinct water-tight compart- ments. Another important feature in the Great Britain is the adoption of the screw propeller, which will save the cumbrous appendages of paddle-wheels and boxes. The screw propeller, as originally tested by the Archimedes steamer, was placed in the dead wood under its counter, and between the keel and stern post ; and it consisted of a helix, making but one revolution about a horizontal axle pass- ing longitudinally through the ship, and put in motion by a steam-engine. But this plan is said to be considerably modified and improved: in the Great Britain. Should this bold experiment prove successful, it will probably lead to an entire revolution in the system of steam navigation. The number and tonnage of British steam-vessels cannot be very accurately stated, because no correct information can be obtained respecting unregistered vessels, which ply only within the limits of their respective ports ; and which appear to be very numerous in the Mersey, Humber, Thames, Clyde, and other rivers. According to an approximate statement prepared in 1839, the merchant-steamers at the end of 1838 were, for the British islands, 766 in number, having a bur- den (including 62,680 tons for engine-room, &c), of 142,168 tons; and adding the aggregate colonial tonnage in 1837, 15,664 tons, there is given a total for the empire of 157,840 tons, the amount of horse-power being 63,250. Of the 766 British steamers, 484 were river steamers and small coasters, and 282 large coasters and sea-going ships. In 1838, the United States possessed an aggregate steam-tonnage of 155,473 tons, and 57,019 horse-power. On December 31, 1841, the registered mercantile steam-marine of the British islands amounted to 95,795 tons ; but adding to this the engine-room tonnage, and allowing for colonial and un- registered vessels, the aggregate must have amounted to fully 200,000 tons, exclusive of steam mail-packets and vessels of war, of which a large and yearly increasing fleet is now maintained. A large steam-navy is now also possessed by France ; but very few war-steamers have as yet been built in the United States. The number of steam-vessels possessed by other countries is comparatively inconsiderable. S STEARIN, the harder portion of animal fats ; olein or elain being the softer one. Stearin yields an acid, called stearic acid, and having the form of brilliant white scaly crystals, which is now largely employed in soap and candle making. STEATITE, a species of soap-stone found in Scotland, Anglesea, and many other parts. The white varieties, or those which become so by calcination, are used in the manufacture of porcelain ; others are employed for fulling. STEEL, a compound of iron and a minute quantity of carbon. [Iron.] STEELYARD, a weighing-machine consisting of a lever of unequal arms. STERLING, a term which has long been applied to the standard money of England. The derivations of this word, offered by various authors, are numerous perhaps beyond those of any other in our language. See Ruding's A nnals of the Coinage of Britain, vol. i. p. 21-24. STOCKS. [Funds.] STONE, the name of a weight in different parts of Europe. The standard Bri- STO 635 STO ti,127 cwts. ; British W. Indies, 20,038 cwts. ; Russia, 15,165 cwts. ; Aus- tralia, 12,267 cwts. ; and Spain, 11, 910 cwts. Formerly the exports weremuch more considerable, owing to the demands of Germany and Prussia, shipments to which have almost entirely ceased, these countries now refining for themselves. A duty on British plantation sugar imported into England of Is. 6d. per cwt. was imposed in 1661 ; which rate was doubled in 1669. The dutv was 3s. 4d. the cwt. from 1703 to 1747 ; 4s. lOd. from 1747 to 1759; 6s. 4d. from 1759 to 1779 ; 6s.8d\ from 1779to 1781. It was raised in 1782 to 12s. 3d. per cwt. ; in 1791, to 15s. ; 1797, to 17s. 6d. ; 1803, to 24s. It was afterwards gradually increased to 30s. ; which rate, with the exception of a short period at the conclusion of the war, when it stood at 27s., continued till 1819. It was then reduced to 27s., at which it remained until 1833, when it was lowered to 24s., the rate still maintained (1843). On East India sugar, the duty from 1793 to 1803 was 37 and 38 per cent, ad valorem: afterwards, it was lis. and 8s. the cwt. higher than the duty on British plantation ; but, in 1836, the duties were assimilated, by the reduction of that on East India from 32s. to 24s. per cwt. ; leaving, however, the former rate exigible on British sugar imported from any British possession within the limits of the East India Co.'s territory, in which the importation of foreign sugar is not prohibited. Mauritius produce was charged the same as East India prior to 1825, when it was made the same as British plantation. On foreign sugar, the duty was fixed, in 1825, at 63s., which rate still continues (1843). To all the preceding rates 5 per cent, was added from May 15, 1840, by the act 3 & 4 Vict. c. 1. See Tariff at the end. The tare allowed in London on British plantation sugar is as follows : — Casks under 8 cwts., 14 lbs. ; under 9 cwts., 1 cwt. 7 lbs. ; under 10 cwts., 1 cwt. 14 lbs. ; under 11 cwts., 1 cwt. 1 qr. ; increasing 7 lbs. for every additional hundredweight. The draff, 2 lbs. per hhd. and tierce, and 1 lb. per barrel. The terms are two months prompt, or 5 per cent, per annum allowed for cash. East India sugar, 3 months. No discount. West India sugar is imported in hogsheads, varying in weight from 13 to 16 cwts. ; or in tierces of from 7 to 9 cwts. Mauritius is commonly in mats or bags, each weighing from 1 to 1£ cwt. ; and East India in bags of from 1 to li cwt. The box of sugar-candy usually contains about 70 lbs. Beet-Root Sugar is derived from the juice of the Beta vulgaris, chiefly the white variety, by operations nearly the same as those by which cane-sugar is made ; though greater nicety is re- quired in rendering the beet-juice crystallizable, on account of its greater rawness, and the smaller quantity of saccharine matter it contains. When this sugar is refined, it isundistinguishable from the other. Five tons of clean roots yield about 4J cwts. of coarse sugar, which give about 160 lbs. of double-refined, and 60 lbs. of inferior lump-sugar; the remainder is molasses. The beet-root sugar manufacture sprung up in France under the spurious encouragement afforded by the con- tinental system of Napoleon ; and in 1841, 142,518 acres were cultivated for this purpose, yielding employment to no fewer than 389 manufactories. It is also pursued, though to a minor extent, in Prussia and Russia. As the expense of the manufacture, however, greatly exceeds the value of the produce, according to the price of colonial sugar, it is only by heavy imposts on the latter, or a system of bounties, that it can be carried on to advantage. The reduction of the duty on colo- nial sugar was attempted by th« French government in 1842, but without success. In the United Kingdom, the manufacture of beet-root sugar is regulated by the act 1 Vict. c. 57 ; it is subjected to the same duty as colonial sugar, but none is made. SUG 640 SUR Maple Sugar is composed of the evaporated sap of the maple-tree (Acer saccharinum) , cast into moulds about the size of a brick. It is made chiefly in N. America. The quantity produced in Canada has been reckoned at 32,500 cwts., equal to more than 2000 hhds. of West India sugar. Further information on the subject of this article will be found in Moseley's Treatise on Sugar, Edwards' History of the West Indies, Porter on the Nature and Properties of the Sugar-Cane, Vre's Dictionary of Arts, and under the heads India (British) and West Indies. S SUGAR OF LEAD, more properly acetate of lead, is prepared by digesting litharge or other oxides of the metal in pyroligneous acid. It has a singularly sweet and somewhat astringent taste. Sp. gr. 2'57. It crystallizes in white acicular masses, the state in which it generally occurs in commerce. It is used in medicine, dyeing, and calico-printing. SULPHUR, or BRIMSTONE (Fr. Souffre. Ger. Schwefel. It. Zolfo), an elementary, combustible, solid, non -metallic substance, of a peculiar yellow colour, and very brittle. It has neither taste nor smell, though when rubbed it has a faint peculiar odour. Sp. gr. after being fused, 1'990. When pure it is bright yellow, and very inflammable ; burning with a clear blue flame, and leaving no resi- duum. It is an abundant product of nature, especially in volcanic districts ; and in other places exists in combination with oxygen and sundry metals. It occurs in various forms. Native sulphur, largely imported from Sicily, is in square or oblong masses or blocks, called rough brimstone. Stick or roll sulphur is chiefly obtained from sulphuret of copper in this country. Sublimed sulphur, or flowers of sulphur, is a fine crystalline bright yellow powder, obtained by condensing the vapour of sulphur rapidly in capacious receivers. Refined sulphur is that purified by distillation in an iron still, and condensed in an iron receiver kept cool by water. Sulphur is employed for making gunpowder, sulphuric acid, and for a variety of other purposes in the arts ; it is also employed in medicine. The chief supply of this mineral is obtained in Sicily, our imports from which have greatly increased since 1825, when, owing to a reduction of the import-duty from £15 to 10s. a-ton, and the increased demands of our manufactures, the an- nual consumption of Sicilian sulphur increased in 12 years from 7000 tons to be- tween 30,000 and 40,000 tons. A great increase likewise took place in the imports into France. In July 1838, the Sicilian government, in consideration of a bonus of 400,000 Neapolitan ducats a-year, granted to a French company a monopoly of the sulphur-mines, the produce of which was to be limited to 600,000 quintals, to be supplied to them at fixed prices ; but this monopoly, after an armed remonstrance from Britain, in consequence of its being at variance with commercial treaties, was abolished in July 1840 ; and the trade is now on its former footing. S Sulphuric Acid (Fr. Acide Sulfurique. Ger. Schwefelsaiire) , when pure, is a colourless oily fluid, acrid, corrosive, and intensely sour ; and consists of three equivalents of oxygen, one of sulphur, and one of water. When as pure as usually prepared, it is of the specific gravity 1*847. This acid was formerly obtained by the decomposition of green vitriol, whence its old name of oil of vitriol ; but it is now procured by burning a mixture of about 8 parts sulphur and 1 of nitre, in a furnace so placed that the resulting fumes may pass into close leaden chambers containing water. The fumes as they arise are absorbed by the water, which gradually becomes a dilute sulphuric acid ; and the acid is procured in a concentrated state by evaporation of this solution. The annual amount of this manufacture in Britain is calculated by Mr Brande at 50,000 tons ; which, estimated at 10s. per cwt., makes its value £500,000. There is perhaps no substance more abundantly employed in the arts and manufactures. It is used in medicine. It is employed by bleachers for souring the cloth ; by dyers for dissolving their indigo; by calico-printers; by brassfounders, button-makers, gilders, and japanners, for cleaning the surface of the metals with which they work ; and by hatters, tanners, paper-makers, and many others. It is also used extensively in many chemical manufactures. SUMACH (Fr. Sumac. Ger. Schmack. It. Sommaco), a shrub (Rhus coriaria) which is a native of Persia and Syria, as well as the S. of Europe. Its shoots, after being cut, dried, and reduced to powder, are used for the purposes of dyeing and tanning. An ounce contains 78 or 79 grains of tannin. Of all astringents it bears the greatest resemblance to galls. It is considered of good quality when its odour is strong, colour of a lively green, well ground, and free from stalks. The best is the Sicilian. Nearly 500 tons are annually consumed in this country. 8 SUMATRA. [Eastern Islands.] SUNN, a material similar to hemp, the produce of the Cortalaria juncea, in general use in the hotter parts of Asia for cordage. In India, two kinds are dis- tinguished, ,phool and boggy. The first of these is the most esteemed. SUPERCARGO, a person employed in a ship to oversee the cargo or trade. SUPPLIES, the sums annually granted to the sovereign by parliament. SURVIVORSHIP, in life assurance, is a reversionary benefit contingent upon the circumstance of some life or lives surviving some other life or lives, or of the lives falling according to some assigned order. [Interest, Compound.] SUW C41 SWE S D W ARROW or S AOUARI NUTS, are a species of Butter Nuts or berries, the produce of a large tree (Caryoear tomeJttosum), which grows in Guiana. KDEN, a country of the N. of Europe, forming the eastern and more import- ant section of the Scandinavian peninsula, lies between latitude 55° 20' and 69° N., and longitude 11° 10' and 24° 12' E. ; having N.E. Russian Finland ; E. and S. Gulf of Bothnia and Baltic ; S.W. Sound, Cattegat, and Skager Rack ; W. and X. Norway. Area, 170,000 sq. miles. Population in 1839, 3,109,772. Govern- ment, a hereditary monarchy, with a state-council and a representative diet. S Sweden may be generally described as rather a flat country ; except the frontier towards Nor- way, and the N. part, which is diversified with mountains, deep valleys alternating with sandy wastes, and in some parts forests. The central region contains extensive plateaux of table-land , co- vered with trees. And the S. provinces consist chiefly of sandy plains, interspersed with lakes and hills, which are sometimes bleak and barren, but elsewhere clothed with woods. The country is watered by numerous lakes and rivers ; and the use of both for internal navigation is facilitated and extended in some places by canals ; the chief work of this kind being the celebrated Gotha Na- vigation from Gottenburg to Soderkceping, connecting the Cattegat and the Baltic. The climate in the S. and W. parts is similar to that of the N. of Germany ; but towards the N. it is severe, though much milder than might be expected from its high latitude. The soil, though mostly thin and poor, has been greatly improved by culture, especially around Carlstad and Lake Wetter. The chief agricultural products are — rye in the S. and barley in the N.; potatoes, oats, and mas!in, with small quantities of wheat and' pease ; and the supply is now more than equal to the consumption. Flax is also grown, and in some places madder, buckwheat, woad, and tobacco. Domestic animals are numerous, but inferior. The chief articles for export are derived from the mines and the forests, particularly the former, which are mostly situated in the central provinces; their chief product is iron [Iron] ; copper and lead, however, being also worked to some extent ; but there is no coal. The forests, though covering nearly one-half of the surface, contain a comparatively small number of timber trees ; and the export of wood is, from this cause, not so considerable as might at first be supposed. The manufactures are chiefly domestic, the peasantry supplying themselves, as whiter employ- ment, with nearly all the coarse woollens, linens, and cottons required by them. There are, be- sides, a good many cloth factories, with sugar refineries, distilleries, leather, paper, soap, tobacco, and glass works : the other manufactures are trifling. The trade of Sweden has been reduced below its natural limits by the restrictive duties imposed by the government, with the view of protecting home manufactures ; but latterly this system has been relaxed ; and, at the same time, exportation encouraged by the reduction, in 1840, of one- half the customs on bar-iron, and the cessation, in 1842, of those on wood. Exports, principally iron (about 70,000 tons annually) ; with timber, linseed, copper, alum, corn, tar, cobalt, and other articles. Imports, chiefly sugar, coffee, and other tropical products; salt, wines, silk, wool, cot- ton, cotton twist, cotton manufactures, hemp, hides, skins, and oil. In 1840, the exports were officially valued at 20,434,000 rixdollars banco (£1,700,000) ; and the imports at nearly the same. The chief commercial relations are with Britain, the United States, Holland, the Hanse Towns, and Denmark. The trade with Britain consists in exchanging iron (16,000 tons), linseed, bat- tens, and deals, and occasionally a little oats and barley, for manufactures (mostly cotton twists and woollens), wine, coffee, indigo, and spices. Ports. — Stockholm, the capital, chief manufacturing seat, and principal commercial emporium, lies on the E. coast, partlv on a number of small islands, at the junction of Lake Malar with the Baltic, in lat. 59= 2o' N.,'long. 18° 4' E. Pop. 85,000. The entrance to the port is difficult, but the harbour is deep and capacious, the largest vessels lying close to the quays. Gottenburg is advantageously situated at the W. entrance of the Gotha navigation, at the head of a fiord near the Cattegat, in lat. 57° 42' N., long. 11° 56" E. Pop. 28,700. The harbour is formed by two long chains of rocks, protected at its mouth by Fort Nya-Elfsborg. Measures, Money, &c. = 5801 troy grains. The mark, land-staten-urigt, or country and city weight, = 5526 troy grains. The mark, jern-wigt, or stapelstad.- TRA 650 TUR dom ; besides which, considerable quantities are imported from Holland, Germany, France, India, and China. TRADE. [Commerce.] TRADE-WINDS,a name given to certain remarkable aerial currents, on account of their signal importance in commerce. In those parts of the Atlantic and Pacific Oceans which are remote from the influence of the land, between the limits of about 28° or 30° N. and S. latitude, there is a constant easterly wind. On the north side of the equator it blows from between the- north and the east, and on the south side from between the south and the east, inclining more to the north and south.according to the distance from the equator : these winds are denominated the N.E. and SE. trade-winds ; and are produced by a modification of the currents of cold air flowing from the poles to the equator, caused by the rotation of the earth on its axis. The direction and extent of the trade-winds vary with the season of the year ; and in some parts of the world their course is entirely altered. The most remarkable of these modifications of the trade-winds are the Indian Monsoons. TRAGACANTH, or GUM-DRAGON, a gum produced by a species of Astra- galus growing in Persia and Turkey. It is more costly, and extremely different in many of its properties from gum-arabic. The finest kind occurs in twisted, vermicular, rounded or elongated pieces, almost transparent, whitish, brittle, in- odorous, with a slightly bitter taste. It is also found in large tears, of a vermicular form, a reddish colour, and mixed with impurities. It is used in topical dyeing, and in pharmacy for making powders into troches. TREACLE, the viscid brown syrup which drains from sugar when refining. TRET, a deduction of 4 lbs. for every 104 lbs. from the weight of goods for dust, &c. TRIPOLI, the most easterly of the Barbary States, consists chiefly of a line of coast, extending about 800 miles along the Mediterranean, from Cape Razatin to Port Bomba. Population, 660,000. It is nominally a dependency of the Porte. For a few miles inland, the country is of exuberant fertility, but beyond this the interior consists either of sandy deserts, or of the barren mountainous districts of Gavian and Mesalata. The coast tract produces in luxuriance many articles peculiar to the finest tropical climates, and corn is raised in abundance. The date forms the staple of the interior and sandy districts. Tripoli, the capital and chief port, is situated on a neck of land projecting a short distance into the sea, in lat. 32° 53' N. long. 13° 1 1' E. Pop. 25,000. Exports, wool, drugs, madder roots, barilla, hides, goat and sheep skins dressed, salt, trona, ostrich feathers, gold-dust, ivory, gum, dried fruits and dates, lotus-beans, cassol-venere, saffron, bullocks, sheep, and poultry. Imports, ma- nufactured goods, colonials, timber, and naval stores. The principal intercourse is with the Levant, Malta, and Tunis. S TRIPOLI, an earthy substance used in polishing hard bodies. TROY, a term applied to the English weight for the precious metals. [Measures.] TRUCK SYSTEM, a name given to the practice of paying workmen in goods instead of money. Though attended with some advantages, it was found to be susceptible of very great abuses. It was accordingly prohibited under penalties by 1 & 2 Wm. IV. c. 32. TRUFFLE, a delicate subterranean fungus {Tuber cibarium), esteemed as an article of diet. It is imported from France and Italy. TUNIS, one of the Barbary States, lies betwixt Algiers on the W. and Tripoli on the E. Area, 72,000 sq. miles. Population, 2,000,000. The monarch, or bey, possesses absolute power, and is now independent of the Porte. S This state is composed chiefly of a large peninsula, stretching into the Mediterranean to within less than 100 miles of Sicily. The climate is fine, and the soil fertile, except when the usual rains are withheld. All the coast is capable of bearing cotton, sugar, and spice3. Indigo and silk might also be procured with a little care. The mountains near the capital contain silver, copper, and lead, and near Porto Farina there is one of quicksilver ; but the mines are not worked. Tunis, the capital and chief port, is an irregularly built and dirty town, in lat. 36° 48' N. , long. 10° 16' E. Pop. 120,000. The staple exports are olive-oil, wool, redcaps, grain, hides, gold-dust, ivory, sponges, tunny fish, wax, and soap, the whole amounting annually to about £370,000. The im- ports are woollens, cottons, linens, with coffee, spices, sugar, metals, silk, wine, &c. The gov- ernment monopolizes the trade in many articles ; as tobacco, wax, wool, and provisions, which it farms out to individuals. The chief intercourse is with Marseilles. With Britain there is little trade, except through the medium of Gibraltar and Malta. TUNNY, a large fish (Thynnus vulgaris) belonging to the mackerel tribe, — the object of important fisheries in the Mediterranean. TURBOT, a flat fish (Rhombus maximus), weighing generally from 5 to 10 lbs., taken on nearly all the coasts of Britain, but principally off Scarborough. It is in season from May to Michaelmas. TURKEY, oe the OTTOMAN EMPIRE, embraces— 1st, European Turkey, which, including the dependencies of Wallachia, Moldavia, and Servia, comprises, excepting Greece, almost the whole of the great easterly peninsula of S. Europe, extending from lat. 39° to 48£° N., and from long. 15^° to 29° E. Area, 210,000 sq. miles ; population, 11,000,000. 2d, Asiatic Turkey, comprising Asia Minor, the adjacent islands, the greater part of Armenia ana Kurdistan, with Syria and TUR 651 TUR Palestine, Mesopotamia, and a portion of Arabia. Area, 437,000 sq. miles ; pop. 10,000,000. The empire likewise includes Egypt and other African districts ; but these are now merely nominal dependencies. Government, despotic, but tempered by the laws of the Koran. S European Turkey may be considered a mountainous country, though it has some very extensive plains,— the principal being that comprising Wallachia, Moldavia, and Bulgaria; considerable portions of Thrace, Macedonia, and Thessaly are also level. The country generally is well watered by the Danube, Save, and other rivers. Asia Minor consists chiefly of an extensive table-land, traversed from W. to E. by mountain-ranges, which extend into Armenia and Kurdistan. Towards the S. the surface spreads but into extensive plains, naturally fertile, but at present desert and unin- habited, except the coast district of Syria, which contains the lofty chain of Lebanon. The climate of European Turkey is colder and more changeable than that of the parts of Italy and Spain under the same latitudes ; and that of Asiatic Turkey is almost equally variable. The relative temperature of the different divisions is best indicated by their vegetable products. In Croatia, Bosnia, and the adjoining provinces of European Turkey, the mountains are covered with oak and elm ; S. of the Balkan, the country, besides forests of sycamore, carob, and plane trees, contains vineyards and orchards, but is destitute of the olive, which does not thrive N. of 1st. 4(i 5 . The productions of Albania resemble those of the opposite coast of Italy ; and in Thessaly — thegarden of European Turkey — oil, wine, cotton, tobacco, figs, pomegranates, oranges, and lemons grow to perfection. The vegetation is similar in the more sheltered parts of Asia Minor. In Armenia and Kurdistan, the olive and orange ripen only in the warmer valleys. S. of Taurus we enter an entirely new region, where the date, banana, sugar cane, and indigo, be- token a close approach to the products of tropical climate?. Every branch of industry is in a backward state in Turkey. In most parts power makes law ; and there is no real security of property. The cultivators are congregated in villages, and agri- culture is in a very rude condition. Still, so great is the fertility, that there is a surplus of corn for exportation. The grains chiefly cultivated are maize, wheat.'rye, barley, oats, and buckwheat. Wine is grown in most of the European provinces ; oil chiefly in the Asiatic ; flax, hemp, saffron, cotton, tobacco, castor-oil, and madder are also reared; likewise silk, especially round Brusa, in Asia Minor. Sheep and goats furnish the principal animal food of the people. Manufactures appear formerly to have attained greater excellence than was to be expected ; but of late years they have been depressed by foreign competition, and the domestic weaving of cotton stuffs for family use is now almost the only branch of consequence. Copper, lead, iron, and other metals exist in various parts ; but mining industry is little pursued. Commerce is impeded by the want of roads ; and almost all merchandise is conveyed throughout the country on the backs of camels and horses. In European Turkey, after Constantinople, Adrian- ople, Salonica, and Bucharest in Wallachia, are the principal trading cities ; and, next to Smyrna, Trebisonde and Aleppo are the chief in Asia, being the seats of an extensive caravan trade' with Persia, Bussora, Bagdad, and other places. The principal exports from Turkey are sheeps' wool, raw silk, goats' hair, cattle, horses, hides, skins, corn, cotton, tobacco, fruit, mastic and other gums, gall-nuts, valonia, honey, wax, saffron, madder, anise, linseed, turpentine, safflower, whetstones, carpets, leather ; with Arabian, Persian, and Indian goods. The chief imports are cottons and cotton yarn, linens, woollens, and silks, tropical products and dye-stuffs, hardware, earthenware, paper, and furs. The trade between England and Turkey was long monopolized by a chartered company, incor- porated 1581. In 1753, the chief abuses of the Turkey Company were removed ; and in 1825 it finally surrendered its privileges. The declared value of British produce and manufactures exported from the United Kingdom to Turkey, on an average of the five years tol841, was £1,292,531 ; about three- fourths of which consisted of cotton manufactures and yarn ; the remainder chiefly of refined sugar, iron and steel, woollens, machinery, coal, plate and jewellery, hardware, earthenware, tinwares, haberdashery and linens : nearly one-half of these goods are forwarded to Persia, mostly by way of Constantinople and Trebisonde. These are exclusive of British products shipped to Syria and Palestine, amountingto nearly ,£250, 000 yearly, principally cottons. Besides these, coffee, spices, and other foreign and colonial articles are shipped from England to Turkey. The principal exports from Turkey to Britain are raisins, figs, valonia, raw silk, opium, madder, sheep's wool, skins, cotton wool, and sometimes wheat. Trade is mostly in the hands of English, French, Italians, Greeks, Armenians, and Jews. The policy of the Porte in respect to importations has always been liberal, and the provision monopolies and restrictions which formerly existed, have it is believed been abolished. Her commercial sys- tem is in fact the best feature in the government of Turkey. Ports.— Constant inopl*-, the capital, in lat. 41° 0' N., long. 28° 59/ E., is advantageously situate at the junction of the Bosporus with the Sea of Marmora. The interior presents a strange com- bination of magnificence and meanness. Pop. 600,000. The town occupies a triangular peninsula, forming, with the suburbs of Galata and Pera, the magnificent port of the Golden Horn. This port is safe and capacious ; but the approach to it in summer is retarded by the unremitted blow- injr of tho N. wind from the TClack Sea down the Rosphorns. Sea of Marmora, and the Dardanelles. Tne trade ot Constantinople is very considerable, it being an entrepot for a great portion of European and Asiatic Turkey, as well as Persia. The chief other ports are — in European Turkey, Galatz in Moldavia on the Danube, and Sal- onica in Macedonia ; in Asiatic Turkey, Smyrna on the W. coast of Asia Minor, Trebisonde on the Black Sea, and Beyrout in Syria. Measures, Weights, Monky, &c Measures and Weights. — The pik or ell is of two kinds ; the greater pik, called halebi or archim, used in the measurement of silks and woollens, = 27 - 90 Imp. inches ; the lesser pik, termed emlasse, used in the measurement of cottons and carpets, = 27-06 Imp. inches ; but in trade the pik is reckoned at 27 Imp. inches = I Imp. yard. The berri, or Turkish mile, = 1826 Imp. yards. Thealmude, liquid measure, — 1} Imp. gal- lon nearly, and 100 almudes = 115-10 Imp. gallons ; the aliuude of oil weighs 8 okes. TUR 652 TUS is very variable, on account of the continued debasement of the coin. In 1810, £l was worth only 12 piastres ; but in 1839 it was equivalent to 104, and in 1842 to nearly 120 piastres. The common or silver purse (keser) is 500 piastres ; the gold purse (kise) is 30,000 piastres; the jukg is 2 common purses, or 1000 piastres. No regular system of coinage exists at present in Turkey. And bills and prices are generally reckoned by European merchants according to the rates borne by foreign coins, particularly Spanish and German dollars. Bills on London are commonly drawn at 61 days' sight ; on other places, 31 days' sight. No uniform custom prevails as to days of grace. A Treaty between Britain and Turkey in 1838 engages the Porte " to abolish all monopolies of agricultural produce, or of any other articles whatsoever, as well as all permits from the local governors, either for the purchase of any article, or its removal from one place to another when purchased." It allows British merchants to purchase, export, or re-sell all kinds of mer- chandise ; and other powers are entitled to esta- blish their trade 6n the same basis. The duties it fixes are 3 per cent, ad valorem on all goods imported or exported, and they are to be subject to a septennial revision. The fortin, corn measure, of 4 killows, = 3*84 Imp. bushels ; and 100 killows = 12 Imp. quar- ters nearly. The oke of 4 chequees, or 400 drams, = 19800 troy grains = 2 lbs. 13 oz. 4J drams avoirdu- pois ; the cantar or quintal of 44 okes, or KIO rottoli, = 124*46 lbs. avoirdupois. Gold, silver, and precious stones, are weighed by the chequee, = 4950 troy grains : the chequee is divided into 100 drams, each of 16 karas, or 64 grains ; the dram = 49J troy grains ; and 1 J dram = 1 metical = 74£ troy grains = 2| drams avoirdupois nearly. The fineness of gold is ex- pressed by dividing the unit of reference into 24 carats, each of 4 grains : the fineness of silver by dividing it into 100 carats, each of 4 grains. The preceding are the Constantinople weights ; but in Smyrna, 100 killows = 17$ Imp. quarters ; 2 killows of Smyrna = 3 killows of Constanti- nople nearly. The cantar or quintal is 7i bat- mans, 45 okes, 100 rottoli, or 18000 drams, = 127'29 lbs. avoird. In other respects as above. The batman of Persian silk is 6 okes ; the quintal of cotton yarn, 45 okes ; the taffee of Brussa silk, 610 drams; the chequee of goat- wool, 800drams; thechequeeofopium,250 drams. Money. — Accounts are stated in piastres {grusch) of 40 paras, each para consisting of 2J good or 3 current aspers. The rate of exchange TURMERIC, the dried roots or bulbs of a tropical plant (Curcuma longa), are about the size of a pigeon's egg — oblong, tough, externally grayish, internally of a deep yellow colour, with an aromatic smell and a bitterish acrid taste. Our sup- plies are brought from Bengal, Java, and China : of these the Chinese is the best. Turmeric, after being imported, is reduced to a powder, which is used in dyeing and in medicine ; also as a seasoning, being an ingredient in curry. S TURNSOLE, a blue dye, obtained from a lichen found in the Canaries. TURPENTINE (Fr. Terebenthine. Ger. Turpentin. It. Trementina), a name for several resinous juices of trees, chiefly of the pine tribe. These juices agree in most of their properties, being originally fluid and transparent, of a strong and rather pleasant odour, and a pungent taste ; inflammable and soluble in oils, alco- hol, and ether, but not in water. When distilled, they yield an essential oil, called oil or spirit of turpentine, and a solid matter, called rosin, is left in the still. The principal varieties are — 1. Common turpentine, derived from the Pinus sylvestris, and largely imported from the United States. 2. Venice turpentine, from the P. larix, or larch tree. 3. Chio turpentine, from the Pistacia terebinihus, and im- ported from Chio, Cyprus, and the Greek Archipelago. Turpentine is largely em- ployed in the arts, especially in painting and varnishing ; also in medicine and surgery. S TURTLE, a name given to the marine tortoise, some species of which, especially the green turtle, found on the coasts of almost all the islands and continents of the torrid zone, are highly prized as food. They abound particularly in the Cayman Isles, in the West Indies, from whence they are imported. TUSCANY, an Italian grand-duchy, lying on the N.W., between the Apen- nines and the Mediterranean, separating the Papal States and Lucca. Area, in- cluding Elba, &c, 8381 sq. miles. Population in 1 836, 1,436,780. Capital, Florence, an inland city, pop. 97,548. Government, an absolute monarchy. S A considerable portion of the territory is occupied with branches of the Apennines; while from Leghorn to the S. frontier, the maritime district, called the Marcmma, once full of flourishing cities, is now a pestilential desert. The finest part is the broad and fertile vale of the Arno, ex- tending from Florence to Pisa. About one-third of Tuscany is planted with vines and olives, or cultivated as arable land, and nearly two-thirds consist of forests or plantations of chesnuts, and pasture-ground. The corn raised is insufficient for the consumption. The chief productions for export are oil, silk, fruit, lamb and kid skins, potash, timber, cork, marble and alabaster, iron from Elba, borax, alum, and anchovies fished on the coast; a little wine; with straw-plat, woollen caps, coral articles, and some other manufactures. Trade is mostly concentrated at Leghorn or Livorno, the chief commercial emporium of Italy, situate;! in lat. 43° 32' N., long. 10° 17' E., 14 miles from Pisa, and 45 from Florence, to which a railway is in progress. I'd]). 75,000, including numerous English. The town is neat ; and the harbour is tolerably spacious, but not sufficiently deep for large vessels, which lie in the roads, where there is srood anchorage. There are three lazarettos, and extensive warehouses in porto franco. The cliief imports are corn from the Black Sea, French woollens, English cottons, hardware, salt-fish, and colonial articles, espe- cially sugar from Havana and Brazil, coffee, and spices. The exports, besides the native products already noticed, include the rcshipment of Black Sea wheat, and many of the other imports. TYP (T>3 UXT The transit-track- of Leghorn, particularly with the Levant and Black S?a, is less considerable than formerly ; but the very low charges of the port, and the facilities afforded by its warehouses and lazarettos, within which last ships may be unladen without being detained to perform quar- antine, enable it still to preserve a very important share of this trade. In 1838, 3582 vessels entered the port, including 195 British, in burden 29,307 tons. The yearly exports are estimated at from £1,400,600 to £2,000,000. Measures, Weights, Money, &c. -The braccio of 20 Measures and Weiohts. soldi •= 22*979 Imp. inches, and 100 braccia = 0383 Imp. yards ; the passetto is 2 braccia, and the canna 5. The Tuscan mile — 2833 braccia. The sacato, land-measure, of 10 stagoli, = 5928 Imp. square yards ; the quadrato = 4074 Imp. square yards. The baril.wine measure, of 20 fiasci, = 10*03 Imp. galls.; the oil baril of 16 fiasci, = 7'36Imp. galls. : the soma is 2 barili, and the cogna 10. The stajo, corn-measure, of 2 mine, = 2*676 Imp. pecks ; and 100 staja = 66ft Imp. bushels : the sacca of 3 staja = 2 Imp. bushels ; and the moggio of 24 staja = 2 Imp. quarters nearly. The Tuscan pound of 12 ounces, 96 drams, 288 denari, or 6912 grani, = 5240 trov grain9 ; and the quintal of 100 lbs. = 74*86 lbs.*avoird. Money. — Accounts are stated in lire, divided into 100 centimes, or into 20 soldi each of 12 denari. The lira, valued in silver, is equivalent to 786d. or 7id. sterling nearly; and £T.30, 53 centimes = £1 sterling. In 1836 a ioint-stock bank was established at Leghorn, which issues notes varying in amount from £T.200 to £T.2000. Principal coins : the ruspone, worth about £ 1 8s. 5Jd. sterling ; the zecchin, 9s. 5Jd. ; the france- scone, 4s. 4fd., or 10 pauls; the paul, 5£d. Bills from Britain are usually drawn at 3 months' date. TYPE, a piece of metal, generally an alloy of lead with regulus of antimony, on one end of which, called the face, is cast the figure of a letter or other character used in printing. There are a great variety of sizes. The quantity of each usually required is called a, fount, and is purchased by the pound weight. A fount compre- hends a certain proportion of capital, small capital, Roman and Italic letters, with points, numerals, &c. Letter-founding was invented in Germany in the 15th cen- tury. In the reign of Anne most of our type was imported from Holland ; but after 1720, the improvements of William Caslon of London rendered the English types superior to any in Europe. The art is still extensively pursued in the metropolis ; also in Edinburgh, where it has attained the greatest perfection. u. ULLAGE, in Gauging, what a cask wants of being full. UMBRELLA (Fr. Parapluie), a well-known article, employed as a covering against rain ; a smaller kind — the parasol— being also used by ladies as a protec- tion from the sun. Both are of Asiatic origin, where they are used entirely for the latter purpose ; and were introduced into this country by way of Italy in the early part of last century. In Europe, such coverings are used by almost all classes ; but in the East their use is confined to the highest, whose rank also they sometimes denote. They are extensively made in Birmingham, London, and other cities in this country. The finer kinds are covered with silk ; and the commoner with a peculiar kind of cotton cloth, largely manufactured in Perth and Carlisle. UNITED KINGDOM OF GREAT BRITAIN AND IRELAND, the nucleus of the wealth and power of the British empire, consists of two large islands, situa- ted in the N. Atlantic Ocean, off the W. shores of Continental Europe, between lat. 50° and 59° N., and long. 2° E. and 11° W., and numerous smaller islands adjoining thereto. Area, 121,853 sq. miles. Population in 1841, — England and Wales, 15,911,725 ; Scotland, 2,620,610; Ireland, 8,179,359; total, 26,711,694. Capital, London, in lat. 51° 30' N., long. 0° 5' W. Pop. 1,870,727. Government, a constitutional monarchy ; with a parliament consisting of a House of Lords made up (excluding minors) of 417 hereditary peers and 30 bishops, and a House of Com- mons of 658 representatives, chosen by about 996,000 electors qualified by holding a certain amount of property. S All the departments of British industry and production having received prominent attention in the different articles of the present work, we deem it unnecessary in this place to do more than give a summary of the most recent commercial and financial tables issued by the government. Imports and Exports of the United Kingdom. Years Official Value Ending Jan. 5. | of import*. Official Value of Exports. Declared Value of British Produce and Manufacture*. British Produce and Manufacturi-i. Foreign and Co'o- nial Merchandise. Total Exportt. 1841* £67,432,964 i £102,7(15,372 1 £13,774,306 1842 64,377, 9«2 M2,180,517 14,723,151 1843 65 204,729 100,260.101 13.584,158 £116,479,678 116,903,668 113,844,259 £51.406,430 51,634,623 47,381,023 * For preceding years see the article Commerce. UNI C54 tJNI Quantities of the Principal Articles of Foreign and Colonial Merchandise entered for Home Consumption. Years to January 5, Bark cwt. Butter cwt. Cheese cwt. Coffee lbs. Corn: Wheat ...qrs. Other kinds qrs. Flour cwt. Cotton wool : United States, .lbs. East Indies lbs. Brazil lbs. Other places. ..lbs. Dyes: Indigo lbs. Lac lbs. Flax & Hemp... cwt. Hides cwt. Molasses cwt. Oil, olive gi Train StSperm. . . tuns Pepper lbs. Quicksilver lbs, Rice cwt. Rice in husk bush. Saltpetre cwt. Seeds: Clover., .cwt. Flax & ]mt.. bush. Silk, Raw, &c. ..lbs. Spirits : Rum . .gals. Brandy gals Sugar cwt Tallow cwt. Tea lbs, Timber : foreign loads Colonial loads Battens, deals, staves hund. Tobacco lbs. Wine gals. Wool, Sheep's — lbs. 1841. 1842. 640,714 505,893 249,272 251 ,265 220,678 248,335 28,723,735 28,420,980 2,024,848 2,300,888 1,442,378 649,484 1,317,815 1,214,220 453,016,218 353,353,283 51,931,138 59,667,420 13,952,644 14,095,987 12,297,659 13,180,411 3,011,990 2,809,195 649,943 765,894 1,998,583 1,998,898 304,502 456,222 423,126 402,422 1,989,466 1, £39,646 24,503 23,717 2,742,637 2,750,798 331 ,649 303,479 216,097 245,887 353,844 374,135 325,492 368,175 141,304 81,209 3,292,964 2,764,250 4,885,475 5,046,870 2,510,668 2,278,861 1,108,773 1,165,137 3,604,450 4,065,714 1,118,397 1,243,112 32,262,905 36,396,078 167,624 131,468 639,038 614,057 190,266 177,032 23,096,281 22,308,385 6,840,537 6,460,018 49,809.5(12 53.020,067 Declared Value of Principal Articles of British and Irish Produce and Manufactures Exported. Apparel £ Arms, ammunition- Beef, pork, &c Beer, ale. Books Brass and copper Butter, cheese Cabinet wares Coals, culm Cordage Cotton manufactures Cotton yarn Earthenware Fish Glass Haberdashery Hardwares Hats Horses Iron, steel Lead and shot Leather, saddlery . . . Linen manufactures . Linen yarn Machinery Oil, linseed, &c Painters' colours Plate, jewellery Salt Silk manufactures. . . Soap, candles Stationery Sugar, refined Tin wares, &c Wool WoollenmanufaCiures. Woollen yarn Other articles Total,.. £ Years to January 5, 1841. 632,844 332, 101 288,719 422,222 147,331 1,450,464 266,334 78,124 576,520 163,521 17,567,310 7,101,308 573,184 262,492 417,177 575,843 1,349,137 143,485 85,446 2,524,859 237,312 417,074 3,306,088 822,876 593,064 105,937 206,356 204,427 213,479 792,648 450,640 282,403 440,893 499,603 356,021 5,327,853 452,957 1,738,378 51.406,430 1842. 582,848 343,776 128,091 360,420 141,866 1,523,744 223,863 76,548 675,288 130,415 16,232,510 7,266,968 600,760 197,989 421,936 635,127 1,623,961 125,402 149,688 2,877,278 242,334 432,775 3,347,555 972,466 551,361 114,619 185,902 214,126 175,615 788,894 342,620 274.544 548,336 477,195 584,828 5,748.673 552,148 1,762,154 51,634.623 Declared Value of the Produce and Exported to different Countries in Manufactures of each of the Years the United Kingdom 1840 and 1841. Countries. 1840. 1841. Countries. 1810. 1841. Russia £ 1,602,742 119,425 78,016 201,462 219,345 5,408,499 3,416,190 880,286 2,378,149 1,110,244 44,743 33,157 404,252 45,872 1,111,176 2,660,338 166,545 89,204 1,138,559 25,827 223,033 79,063 63,904 492,128 417,091 1,607,175 197,813 117,938 191,481 363,821 5,654,033 3,610,877 1,066,040 2,902,002 1,036,212 38,280 24,608 413,849 49,738 1,053,367 2,578,697 223,734 119,523 1,220,261 34,684 427,093 238,486 44,126 410,798 384,574 Mauritius £ E. I. Co.'s Territories and Ceylon 325,812 6,023,192 524,198 349,521 325,463 2,004,385 47,240 2,847,913 3,574,970 251,979 863,520 5,283,020 465[330 2,373 359,743 2,625,853 614,047 1,334,870 799,991 357,214 16,546 340,140 5,595,000 862,570 285,514 84,419 1,269,351 67,275 2,947,061 2,504,004 169,142 895,441 7,098,642 6,767 434,901 21,265 158,972 2,556,554 989,362 438,089 536,046 350,407 14,491 Sumatra, Java Holland Australia, "Van Die- men's Land New Zealand, &c... British America West Indies Hayti Portugal Proper Azores Other Foreign W. I. .... Canaries United States Texas Italv&Italian Islands Malta Ionian Islands Turkey and Contin- ental Greece Morea and Greek Colombia La Plata States Chili Peru Channel Isles & Man Other Places W. Coast of Africa.. Cape of Good Hope . Total,.. £ 51,406,430 51,634,623 UNI 655 UNI Public Revenue in 1839, 1840, and 1841, and Expenditure in 1841. CUSTOMS EXCTSE. I Foreign.. Spirits-J Rum ( British . . Malt Hops Wine Sugar, molasses. . Tea. Coffee Tobacco, snuff... Butter, cheese Currants, raisins- Corn Cotton and wool- Silk Paper Soap Candles, tallow . . Glass Bricks, tiles,slates Timber Auctions Excise Licences. . Post Horses Sundries Total.. STAMPS. Deeds, kc Probates,Legacies Marine Insurance Fire Insurance.. . Bills, Notes Newspapers Advertisements. . Stage-coaches Receipts Sundries Total. . TAXES. Land Taxes Windows Servants Horses Carriages Dogs Add 1 10 per cent.. Miscellaneous Totals. . Post-Office Crown Lands.. . Other Receipts... In all.. Yean ended January 5, 1840. £ 1,341 1,273. 5,442, 4,845, 280, 1,849. 4,827l 3,658. 779, 3,495. 318, 323. 1,098, 559, 262. 629, 784, 182, 718, 463. I,6u3. 298, 1,028. 228, 1,617, 37-91 1,506 1,699,283 2,017,686 292,978 923,005 781,629 238,394 125,026 497,216 173,047 469 ,001 7,217^265 £ 1,290,581 1,155,613 5,201,664 4,983,602 341 .44(1, 1,791,646 4,650,017 3,472,864 921,552 3,588,192 375,256 339, 880 1,156,640 785,491 240,628 583,982 808,201 186,283 738,553 523,380 1,730,551 316,246 1,054,115 216,636 1,674,395 38,127,4(»8 38,118,222 1,174,100 1,298,622 201,482 384,286 447,467 159,852 1,710,533 2,098,078 299,398 944,321 773,114 244,416 131,590 438,047 175,070 473,256 7,287,823 1,181,283 1,404,642 216,823 416,170 481,499 170,951 28 0,919 3.942.689, 4,152,287 2,390,764! 1,342,604 357,815 482,422 24 8,31(> | 300,966 52,058,349151,693^510 £ 1,361,453 1,063,087 5,178,175 5,263,363 69,055 1,721,281 5,307,675- 3,973,668 887,723 3,550, 397,236 410,827 568,341 664,57 257,735 586,219 815,864 205,839 682,192 443,018 1,500, 311,788 1,036,582 199,864 1,661,521 1,665,297 2,132,473 284,496 964,146 743,312 245,866 131,605 460,733 174,747 473,685 7,276,360 4,715,353 1,495,540 438.298 271,660 52,315,433 Expenditure In the Year ended January 5, 1842. Collection ok Revenue. £ Preventive Service 2,162,056 561,990 Total.. PUBLIC DEBT. Interest of Permanent Debt 2,724,046 24,333,352 4,076,776 135,669 Interest on Exchequer Bills .... Total CIVIL GOVERNMENT. 896,465 29,442,262 371,8(0 318,000 32,465 122,717 498,551 319,299 4,022 1,666,854 533,761 571,805 487,08" 1,602,626 Branches of Royal Family Lord-Lieut, of Ireland's Estab. . . Miscellaneous Annuities Total. . JUSTICE Police & Criminal Prosecutions. . Total. . DIPLOMATIC. Ministers' Salaries and Pensions- Consuls' Salaries and Pensions . . Disbursements, Outfit, &c Total.. FORCES. a™~ (Effective (92,630*) Amy ^ Non-effective (86,26u)... Navv i Effective (40,273) ■^avy \ Non-effective (22,447)... Ord- ( Effective (9531) 185,770 128,890 36,671 351,331 3,971,425 2,446,996 5,103,358 1,385,716 1,655,393 159,73.) 14,722,627 400,000 117,153 356,424 121, 326 239,122 192,749 119,531 159. 738 276,716 462,837 122,425 931,372 213.315 242,814 54,465,M18 Total. . Public Works Public Warehouses, &c Remun. for Services, Losses, &c. Special and Temporary Objects. . Education, Science, and Art Post-ofhce Payments from Crown Lands In all.. Customs Duty Collected at the Principal Ports in 1841. England. England. London 11,757,262 Chester 77,593 Leith 1604,098 Dublin 1977,718 Liverpool 4,140,593 Southampton... 72,262 Glasgow !526,K>0 Belfast 1372,792 Bristol 1,046.800 Yarmouth 69,726 " Hull. Newcastle I Gloucester : Plymouth Whitehaven. ... Stockton Scotland. - £ Greenock 423,535 Port-Glasgow 100,827 Aberdeen 78,12" Cork (263,364 Waterford.... 1 168,359 Limerick 170,552 712,124 Sunderland 67,205 410,076 Lvnn 64 123,688 Portsmouth... . 62,227 126,727 Goole 61,599 86,299 Truro 44,1 85,724 Rochester 40,713] Perth. I2,381 t Galway 27, Dundee ' 48,138 Londonderry. 108.507 Montrose. ... 31,713 Newry 42.010 Grangemouth 20,692 61igo 36,627 * Exclusive of Queen's troops paid by the East India Company. UNI 656 UNI UNITED STATES OF N. AMERICA, a confederacy of democratic republics which claims the portion of that continent extending from the Atlantic on the E. to the Pacific on the W., and from British America on the N. to Mexico, Texas, and the Gulf of Mexico on the S. ; but the settled part is nearly confined to the region lying between lat. 29° and 47° N., and long. 67° and 95° W., which is divided into 26 states, 3 " territories " Cor half-formed states), and a federal district. It has an area of about 2,000,000 square miles, and a population (1840) of 17,063,353, including 2,487,355 negro slaves in the S. states ; but excluding about 200,000 Indian aborigines. Capital, Washington, pop. 23,364. The federal government comprehends a president, the executive head, appointed for four years by electoral colleges, and a congress composed of two legislative chambers, — a senate made up of two members chosen by each of the state legislatures for six years, and a house of 233 representatives, elected for two years by the people. S The Physical Geography of this immense country presents various distinct features. Two prin- cipal chains of mountains intersect it from N. to S. ; on the W. the Rocky Mountains, a prolonga- tion of the Mexican Cordillera, 8000 feet in mean height, which run nearly parallel to the Pacific coast at the distance of several hundred miles ; and on the E. the Alleghany Mountains, about 2500 feet in mean height, which run nearly parallel to the Atlantic coast, at a distance varying from 70 to 300 miles. These two chains divide the entire territory into three regions, — the Western or Pacific region, watered by the Columbia river ; the Eastern or Atlantic region , watered by the Hud- son, Delaware, and other streams ; and the Middle region, comprising the great and fertile valley of the Mississippi, and watered by that river and its mighty tributaries the Ohio and the Missouri. The Atlantic region, the fir.-t settled, is the most populous and improved portion, but not the most favoured as to soil and climate. From the Alleghanies to the Mississippi the country is much more fertile, particularly the basin of the Ohio— a rich and beautiful tract, the garden of the United States. These two districts, embracing the whole country E. of the Mississippi, were ori- ginally almost a continuous forest, the greater part of which still remains. Beyond that river is the prairie tract, occupying the central part of N. America, W. to nearly the Rocky chain ; where commences a barren sandy district, several hundred miles in length by 300 in breadth. The Pacific slope is said to be densely wooded, but it is only partially explored. The Climate on the N. resembles that of Canada, — extremely cold in winter, and warm in summer, with a rapid transition from the one season to the other ; and along the whole Atlantic coast it may be generally described as much colder than in the same parallels in Europe, the difference being equivalent to about 1 degrees of latitude. This difference lessens as we proceed westwards ; and on, the shores of the Pacific the climate resembles that of the W. of Europe on the same parallel. In the southern states the summers are hot and unhealthy, especially in July, August, and September ; but the remainder of the year is commonly mild and pleasant. The Productions of the Soil differ according to climate and situation. Timber, though still common in the Atlantic states, has been mostly cleared from localities whence it can be readily carried away. Agriculture is as yet but imperfect, the state of the country still rendering it more profit- able to cultivate a large surface rudely, than a small one laboriously. The principal objects of cul- tivation, ranged in their order of importance, are in the different divisions as follow : — In the north- ern or New England states (Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut), Indian corn, grass, rye, oats, flax, wheat, buckwheat, barley, andhemp ; in the mid- dle and western states, wheat, Indian corn, tobacco, grass, oats, buckwheat, flax, barley, potatoes, spelts, rye ; and in the southern states, cotton, wheat, tobacco, Indian corn, rice, barley, and hemp. The crop of the chief articles in 1840, and the states ranking highest in production, were as fol- low :— Indian corn, 377,531,875 bushels (Tennessee, Kentucky, Virginia); wheat, 84,823,272 bushels (Ohio, Pennsylvania, New York, Virginia) ; oats, 123,071.341 bushels (New York, Penn- sylvania, Ohio, Virginia) ; rye, 18,645 ; 5b7 bushels (Pennsylvania) ; barley, 4,101 ,504 bushels (New York) ; potatoes, 108,298,060 bushels (New York, Maine) ; hemp and flax, 95,252 tons (Virginia) ; rice, 80,841,422 lbs. (S. Carolina); tobacco, 219,163,319 lbs. (Virginia, Kentucky); cotton, 790,479,275 lbs. (Mississippi, Georgia, Louisiana, Alabama) ; sugar, 115,110,809 lbs. (Louisiana) ; and silk cocoons, 61,522 lbs. (Connecticut). The live-stock in 1840 consisted of 4,335,669 horses and mules; 14,971,586 neat cattle (New York, Ohio) ; 26,301,293 swine (Tennessee, Kentucky, Ohio) ; and 19,311,374 sheep (New York, Ohio, Vermont), yielding 35,802,114 lbs. wool. Mining is prosecuted to some extent. Coal is worked in Pennsylvania, Virginia, and Ohio, where there is an immense formation extending into Indiana and Illinois. Iron is generally diffused ; and mines are worked in Pennsylvania and other states. Lead is raised in Wisconsin, Illinois, and Mis- souri ; and of late years gold has been collected in N. Carolina, Georgia, and in Virginia. Other mi- nerals exist ; but only a trifling quantity is raised. Salt is produced chiefly in New York and Virginia. In 1840, 27,603,19) bushels of bituminous coal, and 803,489 tons (each of 28 bush.) anthracite, were produced ; 286,903 tons cast, and 197,233 tons bar iron ; 31,239,453 lbs. lead; $529,605 value of gold ; and 6,179,174 bushels domestic salt. Manufactures were established after the separation from the mother-country ; and having been since fostered by tariff protection, they have risen to some importance in the northern states, espe daily Massachusetts. Cotton and woollen goods are largely made at Lowell in that state ; the coarser kinds of hardware and machinery at Pittsburg in Pennsylvania and other places ; and a variety of other goo4s v — as leather articles, linen, linen-yarn, cordage, glass, paper, soap, and candles, at different places. Distillation and brewing are conducted on a great scale, especially in New York, Pennsylvania, and Ohio ; and a little wine is made in N. Carolina and other states. In 1840 the value of woollens made was $20,696,999; of cottons, $46,350,453; of flaxen goods, t 322,205; of silks, $119,814; of mixed manufactures, $6,545,503; of hats, caps, bonnets, &c, 10,1«0,847; of leather articles, $33,134,403; of glass, $2,890,293; of paper, $5,641,495; of cordage, $4,078,306 ; and the quantity of spirits distilled, 41,402,627 gallons ! The Internal Trade, which is of great activity and extent, is facilitated by the magnificent navi- UNI C57 UNI gation of the Hudson, Ohio, Mississippi, and other rivers, and of the great lakes which separate the Suites from Canada ; and also by the numerous canals and railways by which these and the Atlantic ports and populous districts are connected. These public works, partly formed by joint- stuck companies, and partly state undertakings, want the finish and durability of those of Britain, but some are of great extent,— as the Erie Canal, 363 miles in length, joining Lake Ontario and the Hudson, and the railway connecting the Ohio with the Delaware- In 1838, the canals in ope- ration afforded 3026 miles of artificial inland navigation ; and the total mileage of railways chartered in 1840 was 9378, of which 3430 were open, and traversed by 475 locomotives. The roads, however, excepting those in New Englaud, and a national one 700 miles in length, from Baltimore to St Loua on the Mississippi, are very indifferent ; in many parts being mere forest tracks. The External Commerce and navigation of the United States exceeds that of any other nation of the world,— Great Britain alone excepted. Her staple export is cotton wool, the shipment of which in 1841 was estimated in the public accounts at $54,330,341 , being in value more than one-half of the whole domestic exports of the Union. The chief other articles of that yearwere tobacco, $12,576,703 ; flour, $7,759,646 ; rice, $2,010,107 ; other grain, $6,967, 7"9 ; pork, bacon, beef, &c, $4,360,180 ; lumber, naval stores, and ashes, $6,264,852; produce of fisheries, $2,846,851 ; cotton manufac- tures, $3,122,546 ; other manufactures, $6,203,617 : the whole making, with unenumerated articles, and $2,746,486 of coin, $106,382,722. The cotton is sent chiefly to Britain, France, and Germany ; tobacco principally to Britain and Holland ; the flour and provisions partly to Europe, but chiefly to Brazil and the West Indies, which are also the great marts for lumber. The imports are made up of cottons, woollens, linens, hardware, earthenware, and other manu- factures from Britain ; silks and wines from France and Spain ; tea from China ; sugar and coffee from Cuba and Brazil ; linens, woollens, and hosiery from Germany ; salt from England and Portugal ; with spices, dve-stuffs, and numerous other articles from all parts. In 1841 the whole amounted to $127,946,177, whereof $14,724,300 were in foreign, and $113,221,877 in American shipping. The mercantile marine of the Union amounted in 1840 to 2,180,764 tons, owned chiefly in the northern states. Progress of the Exports and Imports for a Series of Years. !;:.«. 1837- Exports. ! Dollars. | Dollars. Domestic. . 101,189,082 106,916,680 Foreign .... 20,504,495 21,746,360 121,693,5 77 128,663,040 Imports jl49,895,742 189,980,035;140, 989,217 113,717,404 169,092,132 Dollars. Dollars. Dollars. 95,564,414 96,033,821 103,533,891 21,854,962; 12,452,795 ] 17,4 94,525 117^4197376108,486,616 121,028,416 1840. 1841. Dollars. 106,382,722 15,46 9,081 132,085,946121,851,803 The following Table shows the Population of the several States and Territories according to the Census of 1840, and their Imports and Exports in 1841. Pop. Imports. | Exports. Pop. Imports. Exports. Atlantic States Maine NewHampshire Vermont , Massachusetts. Rhode Island.. Connecticut. . . New York Pennsylvania. New Jersey Delaware Marvland Columbia, F.D Virginia N. Carolina — S. Carolina Georgia 501 284 291 737 108 309 2,428 1.724 373 78 470 43 1,239 753 594 Dollars. 700,961 73,701 246,739 699 20,318,003 830 339,592 978 295,989 921 75,713,426 033 10,346.698 2,315! 3,276| 6,101,313 77,263; 377-237 220,360! 1,557, 431 1 449,007| Dollars. 1,091,565 10,348 277,987 11,487,343 278,465 599,348 33,139,833 5,152,501 19,166 38,585 4,947,166 769,331 5,630,286 383,056 8,043, 3,696,513, 1,519,467 212,267 685,866 476,183 383,702 779, Western States. Ohio Michigan Indiana. Illinois Missouri Kentucky Tennessee | 829,210 Arkan sas ( 97 ,574 Alabama 590,756 Mississippi 375,651 Louisiana ! 352,411 Territories I Florida 64,477 Wisconsin 30,945 Iowa 43,112 Dollars 11,318 137,800 33,875 ' 7,523 530,819 10,256,350 145,181 Dollars. 793,114 10,981,271 34,387,' 1 7-Q63..153 127-946177 121-851-803 Value of Imports from and Exports to Foreign Countries in 1841, U. Kingdom. . Gibraltar British India Brit.W.Indie« Brit. America Other colonies France . . . Russia Holland... Belgium . . Hanse Towns Spain Imports. Exports. Domestic j Foreign Produce. Produce. Dollars. | 46,662,815 21.079 1,236,6411 1.105.594 1 1,968,187 105,322, Dollars. | Dollars. 46,155,735 3,386,538 Italv 1,020,931! 532,334 3,714,879, 6,292,29rt| 142,977; 430,86' 92,962 364,273 Havti 133,627 51,099,638 23,993,812 2,817,448 1,638,022 374.833 2,449,964 1,310,696 57,859,146 4,507,256 Brazil 18,410,367 3,356,388 146,118. 879,611 2,237,444 277,4 1,673,726 150,156 4,110,655 450,061 386,001 27,819 Sicilv.... ,989jRest of Europe Mexico Venezuela. Sp. W. Indies Other W.Indies Argen.Republic Chili, Peru .... ina. Other countries Total.. Imports. Dollars. 1,739,293 1,959,965 3,284,957 2,012,004 1,809,684 14,127,047 1,884,912 6,302,653 1,612,513 1,755,356 3,985,388 3,787,992 Exports. Domestic Foreign Produce. Produce- Dollars. 1,205,881 2,285,558| 886,513 532,41 9| 1,093,634; 5,828,856 1,952,170! 2,941,991 509,007| 846,410. 715,322 2,761 ,504 ! Dollars 192,499 149,983 1,150,107 230,083 61,923 660,158 170,807 575,282 152,939 256,578 485,494 1,734,459 127,946,177 106,382,722 15,469, <'81 — ^ UNI (558 UNI The fisheries of the United States are of great importance. The cod-fishery is prosecuted with activity by the NewEnglanders, who are likewise extensively engaged in the northern and southern whale-fisheries. In 1840, a capital of $16,429,620, and 36,584 men, were employed in the fisheries ; the whole producing 773,947 quintals of smoked and dried fish, 472,359 barrels pickled fish, 4,764,708 gallons spermaceti, and 7,536,778 gallons whale and other fish oil, besides $1,153,234 in value of whalebone and other articles. The commerce and navigation of the United States rose into importance during the wars con- sequent on the French revolution, when they acquired a great proportion of the general and carrying trade of Europe; and in the interval from 1791 to 1807, their exports increased from $19,000,000 to $108,000,000, and their imports from $52,000,000 to $138,500,000. But this pro- sperity was checked by the lawless violence which reigned after the .Berlin and Milan decrees of Napoleon on the one hand, and the British orders in council on the other, concerning the respec- tive rights of the neutral and the belligerent. And even after the return of peace, the high duties imposed with the view of protecting the manufactures of the northern states, rendered the progress of trade by no means commensurate with the general advance of the Union in wealth and popula- tion. The declared value of the British and Irish produce and manufactures annually exported to the United States was, on an average of the three years 1805-6-7, £11,749,137 ; of the five years 1816-20, £6,948,609 ;ofthe ten years 1821-30, £6,009,770; and of the ten years ia3I -40, £7,834,381, havingin the speculative years 1835 and 1836 been £10,568,455 and £12,425,605, respectively. The trade with other countries maintained nearly the same proportions. The protective policy of the United States was begun in 1789. It was extended in 1816, par- ticularly as to woollens and cottons, new manufactures of which had sprung up in the northern states during the short war with Britain. And it was still farther extended by the celebrated tariff of 1828. This measure, however, having roused the indignation of the southern states, especially South Carolina, and nearly led to a disruption of the Union, was modified in 1832 ; and Mr Clay's Tariff Bill, passed March 2, 1833, further provided for the gradual reduction of all duties exceeding 20 per cent, to that rate by June 30, 1842. The good effects anticipated from Mr Clay's bill have been frustrated by a new tariff passed in August 1842, which re-imposes extrava- gant-rates on manufactured goods; but the rising discontent of the southern states renders it probable that this tariff will be only of short duration. The objjctions of the southern states to the tariff of 1842 (as to that of 1828) arises, as is well known, from their being wholly agricultural, and the buyers, not the producers, of manufactured goods. In this way they not unnaturally exclaim against a law, the tendency of which is both to force them to purchase the comparatively dear goods of the northern states, and at the same time to deprive them of the most profitable market in which to make their sales of cotton, tobacco, rice, and other raw products : for there can be no doubt, that to the same degree in which the tariff prevents them from buying foreign manufactures, it goes to exclude their agricultural produce from foreign countries. THEPRrNciPAL Ports, stated in their order from N. to S. along the Atlantic, are the following : — Boston, in Massachusetts, 210 miles N.E. of New York, lies on a peninsula in a bay in lat. 42° 21' N., long. 71° 5' W. Pop. 93,383. The harbour is deep, capacious, and safe, with extensive wharfs ; and its entrance is fortified. The trade consists chiefly in exporting manufactured goods, beef, pork, fish, and whale-oil, in exchange for flour, rice and other grain, cotton, tobacco, stores, coals, &c, from the more southern states ; but it has also an extensive foreign trade. New York, the commercial capital of the United States, lies in lat. 40° 43' N., long. 74° 10' W., on Manhattan Island, at the mouth of the Hudson, opposite Long Island and Staten Island, through the channel between which, called the Narrows, the port is usually approached from the Atlantic. Pop. 312,710. The inner bay forms a magnificent harbour, 8 miles in length by 4 or 5 in breadth ; and the largest ships may lie close to the quays. By means of the Hudson and the extensive system of canals and railways with which New York is connected, it is the port not only for the surrounding country, but in a great measure also for Upper Canada, Ohio, Michigan, and Indiana j while, by means of the Erie canal and lake, and the Ohio and Wabash canals, goods may be con- veyed to the emporiums on the Mississippi, even to New Orleans, and conversely. It has also an extensive transit trade with the S. states. Its imports and exports thus embrace every article that enters into the trade of the Union. The value of the merchandise annually loaded and un- loaded is estimated at nearly $200,000,000 ; and the coasting arrivals exceed 5000. In 1839, 21 IS vessels (546,856 tons) arrived from foreign ports; and the imports amounted to $99,296,495, and the exports to $34,928,872. The great excess of imports arises from the produce of the Western States being mostly sent down the Mississippi to New Orleans, while their foreign supplies are chiefly derived through New York. Philadelphia lies 80 miles S. W. of New York, in Pennsylvania, between the Delaware and Schuyl- kill, 6 miles above their confluence, in lat. 39° 57' N., long. 75° 11' W. Pop. 228,691. Thequayson the Delaware are accessible to the largest merchantmen. This port is chiefly distinguished for its coasting trade ; largely exporting flour, provisions, and manufactures to New York, Baltimore, &c. ; though its foreign commerce is also pretty extensive, the imports annually amounting to from $12,000,000 to $15,000,000. In New York and Philadelphia, the spring and the/all, when the country buyers arrive or give their orders, are distinguished as the trade seasons. The spring trade begins about the middle or end of January, and terminates about the first of May : in Philadelphia, however, it commences for the western trade about one month earlier. The fall trade begins both in New York and in Philadelphia on the 1st August, and closes towards the commencement of November. Goods in- tended for either season should arrive at least one week before it commences. Baltimore, in Maryland, 100 miles S.W. Philadelphia, on Potapsco Bay, 14 miles above its en- trance into the Chesapeake, in lat 39° 17' N., long. 76° 38' W. Pop. 102,313. It is favourably situated ; and is one of the greatest emporiums in the world for flour and tobacco. The chief" other exports are hemp, flax, corn, timber, and iron. Imports, manufactures, &c. Charleston, in S. Carolina, in lat. 32° 46' N., long. 79° 57' W., at the confluence of the Couper and Ashley rivers, 6 miles from the ocean. Pop. 29,261. Exports chiefly cotton and rice; with naval stores, hams, bacon, &c. Imports, corn, flour, fish, and coarse manufactures from the N. and middle states, with a variety of foreign goods, mostly at second-hand from New York. Savannah, in Georgia, in lat. 32 3 2' N., long. 81° 3' W,, on the Savannah river, 12 milea from URU URU its mouth. Pop. 11,214. It lies 00 miles S. W. Charleston, and its trade is very similar. The total annual exports approach $15,000,000. Mobile, in Alabama, 115 miles E. New Orleans, in lat. 30° W N., long. 88° 11' W., at the mouth of the Mobile river, in the Gulf of Mexico. Exports, chiefly cotton. Imports, trifling. New Orleans, in Louisiana, the great and flourishing emporium of the western and southern states, lies in lat. 29° 58' N., long. 90° 9* W., on the Mississippi, 105 miles from its mouth, in the Gulf of Mexico. Pop. 102,191. It is built on a swampy unhealthy plain. The river is very deep at the town, and is navigable for the largest vessels several hundred miles inland ; btit there is a bar at its main entrance at Balize, with only from 12 to 14 feet water at tide. Exports, cotton, flour, corn, meal, bacon, pork, tobacco, shingles, stores, lead, sugar, &c, the whole amount- ing in 1839 to $30,995,936, exceeding in value the American produce shipped at New York; but the imports are comparatively small, amounting in 1839 to only $12,864,942. Measures, Money, Banks, &c. Measures and Weights same as in Britain, except the measures of capacity, which continue to be those used in England prior to the intro- duction of the imperial system. Commodities formerly sold by the hundredweight, however, are now, with few exceptions, sold by the 100 lbs., termed in some of the states a quhita'. The barrel of flour contains 5 Winchester bushels of wheat, and weighs 196 lbs. net. The barrel of Indian corn contains 3Jth Winchester bushels, each bushel weighingabout 57 lbs. The hogshead of Indian meal contains 800 lbs. ; the barrel of pickled beef or pork, 200 lbs. Money. — The integer of account is the dollar ($), which is divided into 100 cents. Gold coins ; the eagle (of 10 dollars) weighing 258 troy grains, 9-1 Oths tine, or 232| grains pure, and 2o\ grains alloy; also the half-eagle and quarter-eagle, in the same proportion. Silver coins ; the dollar (of 100 cents), weigh- ing 412$ troy grains, 9-10ths fine, or 3714 grains pure, and 41i grains alloy ; also the half-dollar, dollars, and the dollars of Mexico, Peru, ana Bolivia, 897-l<'O0ths in fineness, and 415 grains in weight, at 100 cents each ; and French 5 franc pieces, 900-1000ths in fineness, and 384 grains in weight, at 93 cents each. {Act of Congress, March 3, 1843). Banks of issue have been established in all parts of the Union. They are partly state con- cerns, and partly joint-stock associations char- tered with partners liable only for the amount of their shares, or for some fixed multiple there- of. Many being without any solid foundation , and most, if not all of them, conducting their operations loosely, they became involved in the speculative undertakings which prevailed in 1835 and 1836, and in May 1837 the whole suspended specie payments. In 1838 cash payments were resumed by such as continued solvent ; but the greater number again suspended in October 1839, when the great bank of the United States, in Pennsylvania, originally with a capital of §35,«'K)0,000, gave way ; since which, though the quarter-dollar, dime or ^ dollar, and half-dime, New York banks have continued to fulfil their in the same proportion. Copper coins ; the cent weighing 208 troy grains, and the half-cent. The expenses of the mint being defrayed by the government, coin is exchanged for bullion, deducting J per cent, for the advance for the time required for coining. The remedy of the mint is 1 part in 144. The value of the eagle, of full weight, is 41s. l-16d., equal £2, Is. 1-^d. sterling nearly; and engagement:-, the banking system generally has fallen into utter lawlessness and confusion. On January 1, 1839, the number of banks was 508, and of branches, 131 ; their, aggre- gate capital, $259,642,610 ; and circulation, $100,670,640. Finances.— The revenue of the federal govern- ment is derived almost wholly from the produce of the sales of public lands and the customs duties ; the former fluctuating usually from of the dollar, 50*l7d , equal 4s. 2£d. sterling 1 about $2,000,000 to $6,000,000 ; the latter from nearly. But the value of the dollar of account, which since 1834 [Eagle] has been estimated in gold at ^th of the eagle, or rather |th of the half-eagle (few eagles being coined), is only 49*32d., equal nearly 4s. l|d. sterling. The par of exchange with Britain, deduced from the gold coins, is thus 49J pence per dollar, equal $4*86$ cents per £1 sterling. But in prac- tice the rate is commonly expressed (as more particularly explained under Exchange), by a per centage upon an assumed par of 4s. 6d. per dollar : the true par, stated in this form, is 9i per cent, premium ; or £109, 10s., valuing the dollar at 4s. 6d., = £100 in British sterling money. When the premium is above 9i per cent, therefore, the exchange is in favour of Britain ; when below 9i per cent., against it. Bills ca Europe are commonly drawn at 60 days' sight. The days of grace are 3. The foreign exchange is regulated chiefly by the state of the bill market of New York. The following foreign gold coins are allowed currency by weight : those of Britain, 91 5i-1000ths in fineness, at 94^j cents per dwt. ; and those of France, 899-1000ths in fineness, at 92^ cents per dwt. And the following foreign silver coins are allowed currency by tale: Spanish pillar §15,000,000 to $20,000,000. The public debt amounted in 1 794 to $76,096,468; in 1812 it was reduced to $45,154,189; but in 1816, after the conclusion of the war, it had in- creased to $123,016,325. In ia34 it was entirely redeemed, and in the following years a surplus accrued, which on January 1, 1837, amounted to $43,000,000, which, after reserving $5,000,000, was to be distributed among the states by quar- terly instalments ; but the last instalment was indefinitely deferred, owing to the commercial and banking embarrassments which occurred afterwards. Most of the individual states, and some of the cities, have contracted debt, principally for ca- nals, railways, public buildings or institutions ; and the amount of these debts at the close of 1840, was about $250,000,000, a great part of which is due in Britain. A large portion of this money has been injudiciously expended ; but this does not afford the shadow of a pretext for the " repudiation " of their debts by Michigan, Mississippi, Louisiana, and other states, — a course so disgraceful, that besides bringing a flood of dishonour upon those states, it has to a certain extent affected the value of all American secu- rities in the markets of Europe. See Supp. URUGUAY, a small South American republic, lying between Brazil and the river Plata. Area, 80,000 sq. miles ; population 70,000, chiefly Spanish Americans, Indians, and mixed races. S A considerable portion of the country consists of table-land, yielding nothing but pasture for large herds of wild cattle. Towards the west the table-land is intersected by numerous valleys, USA 660 VEN which, as well as those adjoining the Plata, contain many fertile tracts, where tlie grains and fruitfl of Southern Europe are cultivated with success. The eastern coast district is low and poor, being mostly covered with sand and intersected by lakes. It is not known whether the precious metals are found, but at San Carlos a rich copper mine is worked. Montevideo, the metropolis, and only port of consideration, is a strongly fortified town, situated on a peninsula on the northern shore of the river Plata, 120 miles E. of Buenos Ayres, in lat. 34°54'S., long. 56° 13' E. Pop. 12,000. The harbour is the best on the Plata ; but is exposed to the violent west winds called pamperos. It is of a circular shape, 4 miles in diameter, with a narrow entrance, and is deep enough for large ships. The trade resembles that of Buenos Ayres. In 1836, the value of merchandise exported was £631,392. ; in 1862, British imports were £645,453. Measures and Weights same as Spain. Money. — Accounts are kept in dollars, worth, according to a recent quotation, about 44d. or 3s. 8d. sterling. USANCE, the customary or usual time for which bills are drawn. USQUEBAUGH, an Irish compound of spirits, raisins, cinnamon, cloves, &c. USURY, is the taking, on previous agreement, in England and Scotland of more than £5, in Ireland more than £6, for the forbearance of £100 during a year, and so in proportion. Of late years the usury laws have been relaxed in favour of bills not having more than 12 months to run, and simple loans above £10, not on real security, as explained under Interest. S V. VALONIA, the acorn of a species of oak (Quercus cegilops) produced in the Morea and Asia Minor. It is used in tanning ; the astringent principle is mostly confined to the acorn-cup. Valonia is of a bright drab colour, becoming black, however, when exposed to damp, which injures it. About 160,000 cwts. are an- nually imported into the United Kingdom. VAN DIEMEN'S LAND, or TASMANIA, an insular appendage to the S.K part of the Australian continent, subject to Britain. Area, 27,000 sq. miles. Popu- lation in 1847, 70,758, including 24,133 convicts. See Tasmania, in Supplement. The island is intersected from north to south by a chain of mountains about 3500 feet in height ; and the remainder is composed of alternate hill and dale, a great part clear, well watered by rivers, and mostly fit for cultivation or pasturage. The climate is cooler than that of New South "Wales, and the country has not the same extremes of barrenness and fertility. Wheat, barley, oats, and potatoes are produced of superior quality ; and the sheep supply fine wool, though it is said scarcely equal to that of the continent. Blackwood and pine are the chief timber trees. Van Diemen's Land was discovered by Tasman in 1642. In 1803, a convict establishment was founded by the British. After 1813, it was frequented by voluntary emigrants ; and between 1824 and 1838, the grants of land were not less then 1,128,000 acres. In 1839 the sales amounted to 42,386 acres, at the average of 10s. l|d., and in 1840 to 88,296 acres, at lis. 4d., exclusive of town lots and military grants. In 1838, 108,000 acres were under crop, yielding 970,000 bushels corn, including 550,000 of wheat; and the live-stock consisted of 1,214,000 sheep, 75,000 cattle, 9650 horses, and 2400 goats. In the same year there belonged to the colony 101 vessels, burden 8382 tons ; of these, nineteen, burden 2000 tons, were employed in the whale-ftshing. The principal exports are, wool (in 1841, 3,597,531 lbs.) whale-oil, bark, &c, amounting in 1840 to £867,000 ; and the imports, comprising all sorts of British manufactures, colonial products, spirits, wines, farming implements, &c, amounted in the same year to £988,356, including £737,250 from Britain; the shipping inwards and outwards amounting each to about 80,000 tons. Hobart-Town, the capital, on the S. side, possesses a splendid harbour on the Derwent river, 20 miles from its mouth, in lat. 42° 54' S., long. 147° 21' B. ; pop. in 1838, 14,382. Launceston, 40 miles up the Tamar river, is the principal settlement on the N. side. Measures and Weights same as Britain. Currency, British coins and local bank-notes and cheques. Public revenue in 1838, £138,591 ; expenditure, £133,681. S VANILLA, the succulent fruit or pod of a parasitical plant ( Vanilla aroma fira) found in Mexico. It is of a yellow or darkish-brown colour, corrugated, about eight inches long, containing in its cavity, besides numerous minute shining black seeds, a substance which is black, oily, and balsamic. It is an aromatic, employed in confectionary, the preparation of liqueurs, and in flavouring chocolate, s VEDRO, the principal Russian measure for liquids, = 271 Imp. gallons. VELLUM, a fine white smooth kind of parchment made of calf-skin. VELTE, a French measure for brandy, reckoned in Cognac at 1'61 Imp. gallon ; in Bourdeaux at 1'58 do. ; and in Nantes at 1'24 Imp. gallon. VELVET (Fr. Velours. Ger. Sammet. It. Velluto), a beautiful silk fabric, of a compound texture ; having, in addition to the warp and shoot of plain silk, a soft shag or pile on the outside, occasioned by the insertion of short pieces of silk thread doubled under the shoot ; the other side being a strong close tissue. Its richness depends upon the relative number of the pile threads ; and manufacturers accord- ingly designate different qualities as velvet of two, four, or six threads, according to the number. Velvet is now also made of cotton ; a strong kind of which, callod Velveteen, is used for men's apparel. VENEZUELA, one of the three republics of Colombia, occupies the N.E. corner VEIt 661 WAR of S. America, between New Granada and British Guiana, having Brazil on tho S. Area, 404,000 sq. miles. Pop. 905,000, including 250,000 whites of Spanish origin. Capital, Caraccas ; pop. 25,000. Constitution, a federal republic. Venezuela has been only partially explored. The N. part is mountainous, containing on the N.W. a branch of the Andes, but the remainder is generally level, particularly the course of the Orinoco, a magnificent river which intersects the country from "W. to E., sometimes overflowing considerable districts. The S. part mainly consists of llanos, boundless plains similar to the pampas of La Plata, affording pasturage to innumerable herds of cattle. Culture and colonization are mostly confined to the coast territory, especially the vales of Aragua ; where are reared coffee, cacao, tobacco, indigo, and cotton, which, with jerked beef, hides, mules, drugs, and dye-woods, form the leading exports. The imports chiefly consist of cottons and linens, with woollens, silks, flour, pork, and wine ; and the principal commercial relations are with the United States, Britain, Denmark, Germany, Spain, France, and Holland. In 1839, the exports amounted to £895,198, and the imports to £717,091. La Guayra, the port of Caraccas, and chief trading city, lies on the Caribbean Sea, in lat. 10 3 36' N. long. 66 3 56' W. Pop. 4000. The port is a mere roadstead ; and the town is gloomy, hot, and unhealthy. In 1839, 26,337 tons of foreign shipping arrived, with cargoes valued at £570,318 ; and the exports amounted to £388,795. Maracaybo, on the strait connecting the great lake of that name with the sea, and Angostura, 240 miles up the Orinoco, are the chief other ports. Measures and Weights same as Spain. Money, Colombian dollars of 8 reals : usual exchange, $6 = £1. Revenue in 1840, $2,245,259; expenditure, $1,933,750. S VERDIGRIS (Fr.Vert-de-gris. Ger. Griinspan), the snbacetate of copper. When pure, it occurs in blueish acicular crystals ; but commonly it is in large masses, from having been packed when moist in leather bags. Its purity may be tested by diluted sulphuric acid, in which it entirely dissolves, leaving the impurities, if any, behind. It is employed as a pigment, in hatmaking, dyeing black, &c. VERDITER, a blue pigment, is a carbonate of copper, generally made by de- composing solution of sulphate of copper, with the addition of chalk. VERJUICE, the expressed juice of unripe grapes, or of crab-apples. VERMICELLI, a thready paste of flour and water, similar to Maccaroni. VERMILION, a beautiful scarlet powder, the red sulphuret of Mercury. VICTORIA. See Supplement. VINEGAR (Fr. Vinaigre. Ger. Essig. It. Aceto. Por. and Sp. Vtnagre), is an impure Acetic Acid, of which four varieties are known in commerce, namely, wine, malt, sugar, and wood vinegar. The best is that prepared in France from wine. In this country, beer or malt vinegar was the kind chiefly used before the present improved method of producing it from pyroligneous acid. This acid, some- times called crude vinegar, is obtained by the destructive distillation of wood, and is now manufactured on a large scale. It is at first contaminated with tar, but after being refined and diluted with water, it is applicable to all the purposes for which common vinegar is used. Vinegar is apt, on exposure to the air, to become turbid and ropy, and at last vapid : it should therefore be kept in bottles completely filled and well-corked. Good French vinegar will keep in perfection many years, if the bottle be not frequently opened. The manufacture and sale of vinegar are regulated by the act 58 Geo. III. c. 65. An excise duty of 2d. per gallon is levied upon the manufacture ; and at present about 3,000,000 gallons are annually brought to charge. Nearly 9000 gallons of foreign vinegar are likewise imported. VIOLIN. [Musical Instruments.] VITRIOL, or COPPERAS, a salt formed by the union of sulphuric acid with oxides of iron, copper, and zinc ; the first forming the sulphate of iron, called green vitriol ; the second, sulphate of copper, or blue vitriol ; and the third, sulphate of zinc, or white vitriol. Sometimes the name of red vitriol is given to the sulphate of cobalt. Vitriol, when pure, occurs in beautiful crystals. It is extensively used in dyeing, ink-making, the manufacture of colours, alid in medicine. WAINSCOT, a name applied to the oak imported in logs from N. Europe. WALNUT, a large European tree (Juglans regia), yielding a nut the kernel of which is prized both for the table and for the oil which may be expressed from it. The timber of the tree was much employed in furniture-making before the intro- duction of mahogany, and it is still extensively used by the turner. WANGHEES, a kind of canes imported from Canton. WAREHOUSING or BONDING SYSTEM, a system under which certain warehouses are appointed, under the charge of officers of the customs, in which goods may be deposited without being chargeable with duty until they are cleared for consumption. This system affords the most liberal convenience to the mer- chant, and a general facility to the trade of a country. The tax on a commodity is paid just when it is wanted, and when it is therefore least inconvenient to pay it. WAR m WAR Suppose, for example, that a merchant imports goods, and is required to pay a duty upon them immediately, and before he has found a market for them ; he must either pay the tax and hold the goods ? in which case the consumer will hare to repay not only the tax but the interest on it ; or he must sell the goods, and if he parts with them at a loss or inconvenience, trade is injured, and the geueral wealth and consequent productiveness of taxation proportionally diminished. Besides, the necessity of having to pay duties immediately on importation is a bar to the entrepot and carrying trade of a country. Notwithstanding the obvious advantages of the warehousing system, however, it is only partially known in foreign countries, and in our own dates no farther back than 1803 (43 Geo. III. c. 132), previous to which the duties on all goods imported had either to be paid at the moment of their impor- tation, or a bond was required, with security for their future payment. Since 1803 the system has undergone several improvements, the whole of which are embraced in the existing warehousing act passed in 1833. Abridgment of the Warehousing Act, 3 & 4 Wm. IV. c. 57, with the Alterations of later Acts, viz. 4 & 5 Wm. IV. c. 89, and 5 & 6 Vict. c. 47, and c. 56, &c. § 1. Consolidation of former acts. by Treasury) ; and if any goods be not so cleared, § 2. The Commissioners of the Treasury are the commissioners of customs may cause them to be sold, the produce to be applied to the pay- ment of charges, and the overplus, if any, paid to the proprietor. When sold, such goods are held subject to all the conditions to which they were subject previous to sale, except that a further time of 3 months from the sale be allowed to the purchaser for clearing. If not so cleared, they are forfeited. § 15. If any goods entered to be warehoused, or to be delivered, be lost by accident, commis- sioners of customs may remit the duties. § 16. No goods warehoused can be removed, except upon due entry for exportation, or for home use, except goods to be shipped as stores, and which may be shipped without entry or pay- ment of duty for any ship of the burden of 70 tons at least, bound upon a voyage to foreign parts, the probable duration of which out and home will not be less than 40 days: Provided such stores be borne on the victualling bill, and shipped as the commissioners may appoint. § 17. Rum of the British plantations may be shipped as stores without entry or payment of duty, and any surplus stores may be delivered to be reshipped for the same ship, or for the same master in another ship, without entry or payment of duty, if duly borne upon the vic- tualling bills. If the ship for which surplus stores have been warehoused, be broken up or sold, the stores maybe so delivered for the use of any other ship belonging to the same owners, or may be entered for payment of duty, and deliver- ed for their private use, or that of the master. § 18. Upon the entry of such goods for home use, the person entering them must deliver a bill of the entry and duplicates, as in the case of goods entered to be landed, as far as the rules are applicable, and at the same time must pay the full duties, according to the quantity first taken of the respective packages at the time of the first entry and landing, without abatement, except as by this act otherwise provided ; and if the entry be for exportation or for removal to any other warehouse, and any of the packages be deficient, a like entry inwards must be passed in respect of the quantities so deficient, and the full duties be paid on the amount before delivery or removal, except as by this act is otherwise provided ; and if any goods so deficient be such as are charged according to value, it is to be estimated at the price for which the like goods of the best quality have been lately sold. § 19. The duties upon tobacco, sugar, and spirits, when taken out for home use, are to be charged upon the quantities actually delivered ; except that if sugar be not in a warehouse of special security, no greater abatement on ac- couut of deficiency is to be made than shall be 1. Consolidation of former acts. 2. The Commissioners of the Treasury are to appoint ports for the purposes of the act ;* and the commissioners of customs, subject to their directions, are to appoint in what places therein, and in what manner, goods may be warehoused. § 3. Whenever a warehouse is approved of, it must be so stated in the order of appointment. § 4. Appoints warehouses and bonds previous to the act to continue. § 5. The commissioners of customs are to pro- vide tobacco warehouses at the legal ports. § 6. The treasury and commissioners of cus- toms may revoke any former warrant or order, or make alterations or additions. § 7- Orders as to warehouses of special secu- rity, must be published in the Gazette. § 8. Before any goods are entered in any warehouse, the proprietor or occupier thereof, if he be willing, is to give general security for the payment of the full duties on all goods ware- housed, or for the due exportation thereof; and if he be not willing, the different importers must give security in respect of their particular goods. § 9. If any warehoused goods be the property of the occupier, and be bond fide sold by him, on a written agreement signed by the parties, or a written contract of sale made, executed, and delivered by a broker or other person legally authorized for the parties, and the price so sti- pulated is actually paid or secured by the pur- chaser, every such sale is valid, although the goods remain in the warehouse ; provided that a transfer, according to the sale, be entered in a book to be kept by the officer in charge, who must enter such transfers, upon application of the owners, and produce the book upon demand. § 10. Goods to be stowed in warehouse so as to afford easy access ; and if taken out without due entry, the occupier is liable for the duties. §11. Warehoused goods, fraudulently conceal- ed or removed, are forfeited ; and any person gaining access to the goods, except in the pre- sence of the proper officer, forfeits £500. § 1 2. Within one month after any tobacco has been warehoused, and upon the entry and land- ing of any other goods, the proper officer is to take a particular account thereof, and mark " Prohibited" on goods prohibited for home use; and no alteration can be made on the packages, except in the cases after mentioned. § 1 3. All goods entered must be carried to the warehouse under the care of the proper officer. [By 5 & 6 Vict, c 47, § 52, any person frau- dulently removing goods entered to be ware- housed, forfeits treble their value, or £100.] § 14. Goods warehoused must be cleared for exportation or home use within 3 years, and all surplus stores of ships within 1 year from the day of the first entry (unless further time given WAR 6G3 WAR after the rate of 3 per cent, for the first 3 months, and 1 per cent, for every subsequent month during which the sugar is warehoused ; and also j except, that if spirits (being any other than rum ' of the British plantations) be not in a warehouse of special security, no greater abatements for deficiency is to be made than as follow : — For every 100 gallons, hydrometer proof, via. : For any time not exceeding 6 months, 1 gal. ; for any time exceeding 6 months, and not ex- ceeding 12 months, 2 gals. ; exceeding 12 months, and not exceeding 18 months, 3 gals. ; exceeding 18 months, and not exceeding 2 years, 4 gals. ; exceeding 2 years, 5 gals. No abatement is made for deficiency of spirits by leakage or accident, and not by natural eva- poration, except as otherwise specially provided. [By 4 & 5 Wm. IV. c. 89, § 20, the commis- sioners may remit duties on the whole, or any portion of wines, spirits, and other fluids un- avoidably lost in warehouses ; and the following goods, in warehouses of special security, are charged by their measure or weight, as actually delivered, viz. : wine, currants, raisins, figs, hams, cheese, and mahogany.] [ Vide a\so Corn.] § 20. If after any goods have been duly enter- ed and landed to be warehoused, the importer further enters them for home use or for exporta- tion as from the warehouse, they are considered as warehoused, although not actually deposited. (5 SI, 22, 23, 24. Any goods which have been warehoused may be removed by sea or inland carriage to any other warehousing port. § 25. Goods so rewarehoused are in the same situation as when first warehoused, and the time which they are allowed to remain reware- housed is reckoned from the day when they are first entered to be warehoused. § 26. If upon their arrival at the port of des- tination, the parties are desirous forthwith to export the goods, or to pay duty thereon for home use, without actually lodging them, the officers, after all the formalities have been duly performed < except the actual labour of lodging them), may consider them as virtually reware- housed, and the account taken for the reware- housing may serve as the account for delivering them, as if from the warehouse, either for ship- ment or for payment of duties. § 27. Goods may be removed from one ware- house to another with official permission. § 28. Goods so removed are subject to the same conditions as when originally warehoused. § 29. When particular security has been given by the importer of warehoused goods in respect of the same, and they are disposed of, so that the original bonder is no longer interested in them, the officers may admit fresh security by the new proprietor, and cancel the original bond. § 30. If the person removing any goods from one port to another, continue to be interested in them, after they have been duly rewarehoused in some warehouse, in respect of which security is required, and not held under general security, the bond in respect of the rewarehousing con- tinues in force, until fresh bond be given by some new proprietor. § 31. It is lawful in the warehouse to sort, and repack goods, and to make lawful alterations necessary for their preservation, or in order to the disposal of them, provided they be repacked in the packages in which the same, or some part of the same parcel, were imported, or in pack- ages of entire quantity equal thereto, or in such other packages as the commissioners of customs may permit (not being less, if the goods be to be exported, or to be removed to another ware- house, than may be required by law for impor- tation) ; and to draw off wine or rum of the British plantations into quart or pint bottles, for the purpose only of being exported ; and to draw off rum into casks containing not less than 20 gallons each, for the purpose only of being disposed of as stores for ships ; and to draw off any other spirits into quart bottles, under such regulations as the commissioners of customs may direct, for the purpose only of being exported ; and to draw off and mix with wine any brandy secured in the same warehouse, not exceeding the proportion of 10 gallons of brandy to 100 gallons of wine ; and to fill up any casks of wine or spirits from any other casks of the same, re- spectively secured in the same warehouse ; and to take such moderate samples of goods as may be allowed, without entry and payment of duty, except as the same may eventually become pay- able, as on a deficiency of the original quantity. In a warehouse of special security, it is lawftrfto rack off any wine from the lees, and to mix any wines of the same sort, erasing from the casks all import brands. § 32. But no alteration is to be made on goods or packages, nor wine, rum, brandy, or spirits to be bottled, drawn off, mixed, or filled up, nor samples to be taken, except after notices given, and under the official regulations. § 33. To provide for the case of surplus quan- tities, which on repacking are not sufficient to fill whole packages, and for waste, the duties having been levied with regard to the state in which the goods are imported, it is provided that after goods have been repacked, the com- missioners of the customs may cause or permit refuse, damaged, or surplus goods not contained in the packages to be destroyed; and if the goods be for home use, the duties must be im- mediately paid upon any part of such surplus as may remain, which is delivered for home use accordingly ; and if they be such as may not be so delivered, the surplus is to be disposed of for exportation, as the commissioners may direct; and thereupon the quantity contained in each package must be ascertained and marked upon the same, and the deficiency ascertained, and the proportion which such deficiency may bear to the quantity in each package is to be marked on the same, and added to such quantity, and the total is to be deemed to be the imported contents of such package, except as otherwise provided by the act. But the commissioners may accept the abandonment, for the duties, of any quantity of tobacco or coffee, or pepper or cocoa, or lees of wine, and of any whole packages of other goods, and cause or permit the same to be destroyed, and deduct the quantity from the total quantity of the same importation, in com- puting the amount of the deficiency. § 34. No foreign casks, bottles, &c, except any in which some goods have been imported and warehoused, are to be used in repacking, unless the full duties have been paid thereon. § 35. The commissioners of customs may per- mit any stuffs or fabrics of silk, linen, cotton, or wool, or of any mixture of them, with any other material, to be taken out of warehouse to be cleaned, refreshed, dyed, stained, or calendered, or to be bleached or printed, without payment of duty, under security that they be returned within the time appointed ; and they may, under like security, permit rice, the produce of places within the limits of the E. I. Co. 's charter, to be delivered out to be cleaned, with such al- lowance for waste as may seem reasonable, f By 5 & 6 Vict. c. 47, § 51 , this provision is extended, and the commissioners are authorized to allow any goods to be removed and cleaned.] § 36, Allowing copper ore to be taken to be smelted, repealed by 5 & 6 Vict. c. 56, § 9. § 37. No goods warehoused, imported in bulk, maybe delivered, except in the whole quantity of each parcel, or in a quantity not less than 1 ton weight, unless by special leave. WAR 664 WAT , § 4, it is provided that nothing con- this sectioi § 38. Nor are they to be delivered, until I IV. c they or their packages be marked as the com- I tained in this section shall be held to extend to niissioners may deem necessary and practicable. I loss occasioned by fire, and by 5 & 6 Vict. c. 47, § 39. The Treasury may make regulations for § 50, the commissioners are authorized to remit ascertaining the amount of any decrease or in- the duties on any goods destroyed " by any un- crease of. the quantity of any particular sorts of j avoidable accident " in the warehouse.] goods, and direct what abatement of duty pay- ' § 42. Upon the entry outwards of goods to be able under this act for deficiencies may be made ; I exported from the warehouse, and before cocket is granted, the person in whose name they are entered must give security by bond in double the value of the goods, with one surety, that they shall be duly exported, and landed at the place for which they are entered outwards, or other- wise accounted for. § 43. Requiring bond on the exportation of beef or pork that they are not to be used as sea- stores, is repealed by 5 & 6 Vict. c. 47, § 49. § 44. No goods are to be exported from the warehouse to the Isle of Man, except such as may be imported thither in virtue of license. § 45. All goods must be removed under the care of the proper officer. § -50. Warehoused goods must not be exported in ships under 70 tons burden. § 47. Goods landed in docks, and lodged in the custody of the proprietors thereof, under this act, not being seized as forfeited, are to continue liable to such claim for freight as they were liable to whilst on board ; and the directors and pro- prietors of such docks are authorized, upon duo notice by the master or owners, or others in- terested, to detain such goods until the freights and other charges be duly satisfied, or until a deposit be made equal in amount to the claim. but if such goods be lodged in warehouses of special security, no duty is to be charged for any amount whatever of deficiency on exporta- tion, except in cases where suspicion may arise that part has been clandestinely conveyed away ; nor are such goods (unless wine or spirits), to be measured, counted, weighed, or gauged for exportation, except in such suspicious cases. § 40. In warehouses not of special security, the following allowances for waste are to be made on exportation, viz. : — Wine, upon every cask, viz. :— For any time not exceeding 1 year, 1 gal. ; exceeding 1 year, and not exceeding 2 yeavs, 2 gals. ; ex- ceeding 2 years, 3 gals. Spirits, upon every 100 gallons hydrometer proof, viz. — For any time not exceeding 6 months, 1 gal. ; exceeding 6 months, and not exceeding 12 months, 2 gals. ; exceeding 12 months, and not exceeding 18 months, 3 gals. ; exceeding 18 months, and not exceeding 2 years, 4 gals.; exceeding 2 years, 5 gals. Coffee, cocoa-nuts, pepper, for every 100 lbs., and in proportion for any less quantity, 2 lbs. § 41. In cases of embezzlement and waste through misconduct of officers, damages to be made good to the proprietor. [By 5 & 6 Wm. WARRANTY, in the contract of insurance, is an engagement on the part of the insured, that a certain thing has happened, or is to happen. It is part of the consider- ation for which the underwriter accepts the engagement ; it is therefore an absolute condition, and if it do not occur as specified, the insurance is void, whether the cir- cumstance be owing to the conduct of the insured or not, and whether it affect the risk or not. Warranty and mere representation differ from each other in this, that the former must absolutely agree with the event to the most minute particular, while the latter only requires to agree in substance, and does not affect the contract, unless through fraud or negligence it shall have increased the actual risk. It is divided into express and implied, — the latter being merely used to express the conditions on the part of the insured necessarily arising from the nature of the contract ; as, that the ship shall be seaworthy, navigated with skill and care, that the voyage is lawful, and shall be performed without wilful deviation, &c. The most important and ordinary warranty during peace, is generally as to the time of sailing. Where a ship is warranted " to sail " on a particular day, she must be really on her voy- age, having made every preparation, by having taken in her whole cargo, cleared at the custom-house, &c. ; and if so prepared for her voyage, and having set sail, she be afterwards detained in some port of the same territory, as by an embargo, or to form convoy, it will be held as compliance ; but not so if the preparations for commencing the voyage have not been completed, or if, having been completed, the vessel is prevented from breaking ground by stress of weather or otherwise. " As to the question, what shall amount to a sailing, to satisfy the warranty, there can be no doubt that, where a ship once breaks ground, and is fairly under sail upon her voyage, though she go ever so little a way, and afterwards put back from stress of weather, or apprehension of an enemy in sight ; or if she be then put under an em- bargo, and detained beyond the time of sailing ; this is still a beginning to sail, and the interruption does not alter the case, because the warranty is already complied with " {Marshall, 365). There is a distinction between a warranty to sail, as above, and a warranty to depart, the latter being held to import that the vessel is finally out of port. All express warranties must appear on the face of the policy. It does not re- quire, however, to appear in the body of the policy,— a note on the margin suffices. [Seaworthiness and Deviation.] (Park on Insurance. Marshall on Insurance.) For warranty in insurance against fire and on lives, see Insurance. WATCH (Fr. Montre. Ger Uhr, Taschenuhr), a pocket timepiece composed of wheels and pinions, — a regulator to direct the quickness or slowness of the wheels, and a spiral spring which communicates motion to the whole. Chronome- WAX 665 WES ters are watches having the variable force of their mainspring equalized by a fusee or variable lever, and also an expansion balance as a compensation for heat and cold. Nautical chronometers are larger machines of the same kind, secured in a box, and used for ascertaining the longitude at sea. Spring watches were invented about 1658 by Dr Hooke, or as some contend in 1656 by Mr Huy- ghens, and various improvements have been since effected in their construction. In 1764, a chronometer made by J. Harrison of London was adjudged to entitle him to the premium of £30,000 originally offered by Queen Anne for the discovery of the longitude. Besides Harrison, the names of Mud'ge, Earnshaw, sen., Arnold, sen., Brockbank, and Arnold & Dent, have attained celebrity as chronometer-makers. Watch movements are made chiefly in London, Coventry, and Lancashire ; but they are polish- ed and adjusted in most large towns throughout the kingdom. Watch-cases, though not subject to any duty, are stamped at the assay offices to determine the fineness of the metal. The annual value of the manufacture in this country is estimated at £1,500,000, and nearly 20,000 British watches are annually exported. The principal seat of the watchmaking trade on the continent is Switzerland. In that country, says Dr Bowring, it is carried on in the mountainous districts of Neuchatel, where nearly 120,000 are produced annually, in the canton of Berne, and in the district of Geneva. " Switzerland has long furnished the markets of France ; and though the names of certain French watchmakers have obtained a European celebrity, yet I was informed by M. Arago that an examination into this trade had elicited the fact that not ten watches were made in Paris in the course of a year, the immense consumption of France being furnished from Switzerland, and the Swi?s works being only examined and rectified by the French manufacturers. The contraband trade into France was immense." {Report on Switzerland, p. 34.) The Swiss and French watches, however, are com- monly much inferior to the Engli-h, being in general single-cased and flimsy in their construction. WAX (Du. Wasch. Fr. Cire. Ger. Wachs. It. Por. & Sp. Cera. Rus. Wosk),or Bees' Wax, a firm solid substance, moderately heavy, and of a yellow colour, formed by melting the comb into cakes after expressing the honey. The best is that of a lively colour, and an agreeable odour something like that of honey. When new it is toughish, yet easy to break ; but by age it becomes harder, more brittle, loses its fine colour, and in a great measure its smell. Wax is generally bleached and used in making candles. It is also used in taking casts and moulds, and as an ingredient in cerates and ointments. In addition to our large home supply, about 8000 cwts. are annually imported, chiefly from W. coast of Africa, Barbary, and the E. Indies ; but in small quantities also from the W. Indies, United States, Germany, and France. WEIGHTS. [Measures.] S WELD, a plant (Reseda luteold) formerly cultivated in Britain for the yellow dye which it yields ; but which is now superseded by quercitron. WESTERN AUSTRALIA, a British colony, comprising the settlements of Swan River and King George's Sound, lies between lat. 31° and 35° 8' S., and to the W. of long. 125° E., on the S. W. corner of that continent. This colony was founded in 1829 ; but being established on principles which led to the dispersion of the early settlers, its progress was discouraging until of late, when affairs were placed on a more hopeful footing, chiefly through the exertions of the Western Australian Company. The leading geographical feature is the Darling range, extending N. and S., parallel to and about 50 miles distant from the W. coast ; and from whence the Swan, Avon, Murray, and other rivers running to the westward take their rise. The soil is of a mixed character, and the climate resembles that of E. Australia. The capital is Perth, on the river Swan, which has also Freemantle near its mouth ; and at King George's Sound, on the S. coast, are the insignificant towns of Au- gusta and Albany ; but there are scarcely any commodious harbours. The statistics of the colony in the year 1840-41 were as follows :— Population, 4000; stock of every kind, 40,000; shipping entered inwards, 30,000 tons. Exports of wool, 50,000 lbs. ; revenue, £9,650. Australixd lies to the rf. of the preceding settlement, between Gantheaume Bay, in lat. 27° W, and the Arrowsmith River, in lat. 29° 30 7 S. Its great recommendation is the fine harbour of Port Grey, in lat. 28 3 55' S. An extensive tract of the country has been purchased by the Western Australian Company from the British government ; and colonization is proceeding" on the prin- ciple which has been applied in South Australia. S WEST INDIES (BRITISH), comprise Jamaica, one of the Greater Antilles ; a variety of the smaller islands forming the Caribbean Chain, classed as Wind- ward and Leeward; and the Bahamas. Total population, 7 14,720, — more than four- fifths being emancipated negroes. These islands have, with few exceptions, colonial governments, with an elective legislative assembly, who enact all local laws, sub- ject, however, to the veto of a governor appointed by the crown. S The general aspect of the West India archipelago is mountainous. Many of the islands exhibit manifest proofs of volcanic origin ; and they are all subject to violent shocks of earthquakes. Their soil is in general productive far beyond that of most parts of Europe ; moisture and heat combin- ing to produce a surprising luxuriance of vegetation. The year, as in most tropical climates, is divided into two seasons, the dry and the wet ; yet four may be distinguished, — the spring, with gentle showers in April and May ; the hot sultry summer, from May tifl. October, when the heavy autumnal rains begin, and continue till December ; from which till April, in fact the winter, serene and cool weather prevails. Between August and the end of October, the islands, except Trinidad and Tobago, which lie farthest S., are subject to furious hurricanes; these, however, are not very frequent, and are unknown except during this short period. WES cm WES Jamaica, the most important of the British West India Islands, situate 100 miles S. of Cuba, ia 165 miles long by 40 in average breadth. It is traversed from E. to VV. by the lofty Blue Mountains, covered with majestic forests. On the N. side the surface rises from the shore with gentle undula- tions, separated by spacious valleys, and clothed with pimento groves and coffee plantations. On the S. side the land is bolder, and interspersed with hill-ranges, between which are extensive savannahs and sugar-estates. But upon the whole, the island, though well watered, and in some parts fertile, is not generally productive, and requires skilful cultivation to make it yield heavy crops. The seat of government is Spanish Town ; it lies inland 16 miles distant from Kingston, the principal town, situated on Port Royal, on the S. coast, in lat. 17° 58' N., long. 76° 46' W., pop. 33,000. The other ports (all free) are Morant, BlackRiver, and Savanna-la-Mar, also on the S. coast ; and Lucea and Montego Bay, Falmouth, St Ann, Ports Maria and Antonio, and Annotto Bay on the north. Windward Islands. Barbadoes, the most easterly of the Caribbean chain and oldest of the British W. India colonies, is about 21 miles in length, and 14 in breadth. The surface, though irregular, is comparatively low, and is almost all highly cultivated ; while, being directly exposed to the N. B. trade-wind, it is cooler and more salubrious than any of the other islands. Capital, Bridgetown, in Carlisle Bay, on the S. W. coast, in lat. 13° 5' N., long. 59° 41' W. ; pop. 20,<>00. St Vincent, 108 miles W. from Barbadoes, extends about 17 miles from N. to S. It is rugged and mountainous, and only about one-third is under cultivation ; but the soil of the good land is well adapted for sugar. Capital, Kingstown, on the S. W. coast. The Grenadine islets are depen- dencies of St Vincent. St Lucia, about 20 miles N. N. E. St Vincent, is rather fertile, though hilly ; but the climate is moist, variable, and noted for its unhealthiness. Capital, Carenage. Grenada, 68 miles S. S. W. St Vincent, is also fertile, but unhealthy. About 5-8ths of the sur- face is cultivated. Capital, Port George. Tobago, 16 miles N. E. Trinidad, is exceedingly mountainous, with a climate resembling the latter. Cultivation is mostly confined to low lands, on the S. side, where is situate Scarborough, the capital, in lat. 1 1° 15' N., long. 60° 40 7 W. Trinidad, taken from Spain in 1797, is the most southerly of the Windward Islands, and lies only 13 miles distant from the N. E. coast of Venezuela in S. America. It is crossed from W. to E. by three mountain-chains, well wooded ; and the valleys and plains are said to be naturally ex- tremely fertile ; but the greater portion of the interior is uncultivated, and indeed partly unexplored. The settled districts are mostly confined to the N. W., and a few places along the S. W. coast. Capital, Port Spain, with a good harbour on the W. side. Leeward Islands. Antigua, 40 miles N. Guadaloupe, is oval-shaped, and about 20 miles in length. It has comparatively little of the mountainous character, is without rivers, and tie climate is remarkable for its want of moisture. Capital, St John, on the N. W. side, lat. 18° 22' N., long. 64° 42' W. ; but the best port is English Harbour, on the S. coast. St Christopher or St Kitts, 50 miles W. by N. Antigua, abounds in rugged barren mountains ; but the soil of the plains is exceedingly rich. Capital, Basseterre on the S. W. side. Dominica, lying between Guadaloupe and Martinique, contains high rugged hills, interspersed with well-watered valleys, having a light soil, adapted rather for coffee than sugar. Ports, Roseau, or Charlotte Town, the capital, on the S.W. side, and Prince Rupert's Bay on the N.W. The only others worthy of notice are— Nevis, 3 miles S. E. St Kitts, a beautiful spot, though only a single mountain ; capital, Charlestown : Montserrat, 32 miles S. E. Nevis, of which two- thirds are mountainous or barren ; capital, Plymouth : AnguiUa, a long flat island, contiguous to St Martin, and 45 miles N. W. St Kitts : Barbuda, a level fertile island, the property of the Codrington family, 36 miles N. Antigua : And Tortola, Virgin Gorda, Anegada, and others of the Virgin Islands, a cluster of lofty islets adjoining Porto Rico. The Bahamas or Lucayas are a chain of low islands scantily covered with soil, stretching from Florida to Hayti, on the remarkable sand flats and coral reefs called the Bahama Banks. Principal island, New Providence, containing Nassau, the capital. The great staples of the West Indies are sugar, rum, molasses, and coffee ; many also produce cocoa (chiefly Trinidad and Grenada), cotton, and tobacco; and some indigo, pimento, ginger, lignum vitae, and other hardwoods and drugs. These are almost wholly shipped to the United Kingdom ; and the following table shows the total quantities of the leading articles exported in 1831 and 1841 from the different islands ; to which, for the sake of comparison, we have added the quantities brought from Demerara and Berbice. [Guiana.] Jamaica Barbadoes Area. Population. 1831. 1841. Sugar. Rum. Coffee. Supar. Rum. 1 Coffee. Sq.m. 6,250 164 130 275 125 102 2,000 108 69 280 20 47 5,424 23,000 22,000 370,000 102,500 26,530 16,000 22,500 13,700 39,330 35,000 23,500 18,830 11,500 7,600 7,730 20,000 76,000 76,000 Cwt. 1 (M*. 1,429,093 3,522,463 379,(152! 26,733 221,662| 160,211 72,376 12.628 15,644,07* 2,420 44 89,349 5,863 ' 3,008 212 6i3J36D 4 '95,716 1 ,991 ,352 1,585,402 Cwt. 528,585 257,108 110,205 51,115 84,270 48,164 284, C05 144,103 63,936 42,342 12,124 10,839 8,397 100 415,261 90,063 0*1* | Lb,. 1,276,551 7,618,890 249i 1,513 88,999 .... 13,037 83,704 153,614 2,297 14,906 55,118 8,011 2,936 9,281 834 4,566 935,735 120,301 18,287 133 76 38,622 7,848 12 127,609 *5,i30 745,631 1,363,938 Grenada Tobago Trinidad Antigua St Christopher Dominica Nevis 185,771 121,249 327,167 193,177 101,968 56,339 49,924 26,137 15,559 802,134 122,088 328,471 498,717 64,933 163,849 256,932 63,007 147,750 40,629 48 2,332,970 224,579 Tortola Bahamas. Demerara 4,103,696 7,843,920 20,030,80? 2,151,217 2,770,139 9,927,689 WES 607 WIIE The great falling off between 1831 and 1841 is attributable mainly to the change produced by the measure of negro emancipation ; but of late years there have likewise been deficient crops arising from ordinary causes. The imports consist of lumber from British America; herrings, codfish, flour, salt beef, and other kinds of provisions ; wine ; and manufactures of all kinds from the mother-country. On an average of the live years to 1841, the declared value of British produce and manufactures carried to our West India colonies (including Guiana), amounted to £3,400,000. Of this, however, a con- siderable portion is destined for re-exportation to the Spanish main. Vessels with homeward cargoes begin to arrive in Britain in April and continue till October. And the annual orders for plantation stores are received by our West India merchants in autumn, distributed amongst the manufacturers or dealers in September and October, and shipped in Novem- ber and December. Measures and Weights, same as Britain. Money.— Accounts are now generally kept in sterling ; but in some places in dollars, which by proclamation, September 21, 1838, are valued at 4s. 2d. sterling each : the value of the gold doubloon is fixed at £3, 4s. The Colonial Bank, instituted in London, 1836, has branches in most of the islands, which issue notes, and otherwise conduct bu-iness on the Scottish system. [See Colony. Slave. Sugar.] WEST INDIA ISLANDS (FOREIGN), embrace, besides Hatti, now inde- pendent, the following possessions of European powers : — Spain has the magnificent island of Cuba, already described. Porto Rico, a large, well watered, fertile, and comparatively healthy island, 80 miles E. of Hayti ; area, 3,700 square miles ; popu- lation. 360,000, including only 42,000 slaves : Capital, San Juan: chief exports in 1839, 692,458 cwts. sugar ; 85,434 cwts. coffee; and 3,311,720 gallons molasses. Also the islets Margarita, Testi : i»s\ Turtuga, Blanquilla, Orchilla, Rocca, and Ave*. Fkance possesses Quadaloupe, 40 miles S. E. Antigua, consisting really of two islands, Grande Terre and Guadaloupe Proper or Basse Terre, separated by the Salt River Channel. Chief ports, Basse Terre, the capital ; and Point-a-Pitre, nearly destroyed by an earthquake, February 1843. Chief exports in 1836, 36,377,548 kilog. sugar; 2,554,424 kilog. molasses; 915,354 kilog. coffee. Martinique, 20 miles N. St Lucia ; capital, Fort Royal ; chief exports in 1836, 22,994,754 kilog. su?ar ; 2,483,593 litres molasses ; 519,507 kilog. coffee. Also the islets Marie Qalante, All Saints, Deseada, and St Martin (H. part). Holland has Bonaire, Curacoa, Oruba, St Martin (S. part), Saba, and St Eustatius. Denmark possesses St Thomas and St John in the Virgin group ; also St Croix. Sweden has only St Bartholomew. The geographical character, productions, and course of trade of these islands, are similar to those of the British West India Islands. S WHALE, a cetaceous class of marine animals, of which there are several species ; the principal being the Greenland whale (Bal&na mysticetus, Linn.), usually from 50 to 60 feet in length, and from 30 to 40 feet in circumference, inhabiting chiefly the Arctic seas ; and the spermaceti whale, already described. [Spermaceti.] Both are of commercial importance on account of the oil contained in their fat or blubber, and of the tchakbane, or horny laminae in their upper jaw, which is ap- plied to various useful purposes ; and large fleets are fitted out for their capture. The Northern Whale Fishery originated in the discoveries of the voyagers who, in the end of the 16th century, attempted to find a passage through the Northern Ocean to India. It was first pursued, by the English and Dutch, in the seas of Greenland and Spitzbergen ; and their example was speedily followed by others. The fishery was long confined to these seas; but after 1815, re gradually abandoned for Davis* Straits, where also whales have recently become so -.hat their pursuit by British vessels has nearly ceased. In the twenty years ending 1834, the average annual number of our ships employed in this fishery, was 120 ; aggregate burden, ■ ns ; procuring 1024 whales, yielding ) l,3l3 tuns oil, and 590 tons whalebone ; making the annual produce, at the average prices of £28, 15s. per tun for oil, and £163 per ton for whale- bone, about £420,000. The vessels were fitted out mostly from the north-eastern ports. But this great fishery, which in 1820 employed 50,000 tons of shipping, manned by our best seamen, now engages only one or two vessels from Peterhead and the adjoining ports. The Southern Whale Fishery was begun by the British during the interruption which the northern fishery suffered owing to the American war, and it gradually rose to importance. It con- sists of two branches :—\st, The capture of the spermaceti whale, the cruising ground for which extends from the meridian of Japan to beyond Australia, and longitudinally from Cape Horn to the Indian Archipelago : the vessels are found and provisioned for three years, the period of their general absence from England : 2d, The common black whale of the Southern seas, met with principally on the S.E. coast of South America. Of late years, this fishery has also fallen off; and, in 1840, the shipping fitted out from Britain, for both the Northern and Southern fisheries, amounted to only 15,000 tons. It has also been nearly abandoned by the Australian colonists, by whom it was prosecuted for some years, owing to the greater profits derived from investing their capital in sheep-farming. Notwithstanding this decline of the British fishery, however, it would appear that the activity and enterprise of the Americans can still render whaling voyages so profitable, that, in 1841, they had engaged in them no fewer than l! '3,000 tons of shipping. See United States. S WHARF, a sort of quay erected contiguous to a harbour or roadstead. Wharf- age, the dues payable for its use in the landing or shipping of goods. WHEAT (Dan. Hvede. Du. Tarw. Fr. Froment, Bit. Ger. Weitzen. It. Grano, Formento. Por. & Sp. Trigo. Ru. Pscheniza), the most valuable of the bread- corns of the temperate zone, is a plant of which there are numerous species ; the most important in Britain and Northern Europe being Winter or Lammas Wheat {Triticum hybernum). It is generally sown in autumn, but often in spring, Will GG8 WIN in which case it is sometimes called spring-wheat. Of this species there are nume- rous varieties ; but they may be divided into two classes, red and white ; the former the more hardy, but the latter excelling in the quality of their produce. The best soils for wheat are those which are stiff or clayey. From two to three bushels of seed are required to the acre ; and the produce, though very variable, may be held for a fair crop to be 30 bushels per acre. But the average produce of England does not perhaps exceed 22 bushels, nor that of Scotland 25. The weight of the straw is reckoned to be about double that of the grain. An acre, therefore, yielding 25 bushels of wheat, at the rate of 60 lbs. per bushel, would yield 3000 lbs. of straw, or about 26£ cwts. (Low's Agriculture.) The average yield of flour is 12.J lbs. to 14 lbs. of grain. In the United Kingdom, wheat is produced chiefly in England, particularly in the counties of Kent, Essex, Suffolk, Rutland, Hertford, Berks, Lincoln, Hants, and Hereford. In Scotland, and especially in Ireland, the climate is in general too cold and moist for the profitable culture of wheat ; though, in the counties of Haddington, Edinburgh, Linlithgow, Perth, Forfar, and Stirling, there are extensive tracts distinguished both for the quantity and quality of their produce. [Corn.] WHISKY, a spirituous liquor distilled from barley, and called malt or grain spirit, according as more or less of the former is used in the process. Malt whisky is esteemed the best, especially when the distillation is conducted slowly in small stills. This spirit is largely manufactured in Scotland, Ireland, and the United States. The finest is the Scotch, especially that of the Highland distilleries. WHITEBAIT, a small species of herring (Clupea alba), caught in the Thames below Woolwich, from April to September. WHITING, a fish of the cod kind (Merlangus Vulgaris, Cuv.), caught in abun- dance all round our coast, particularly in January and February. WINE (Du. Wyn. Fr. Vin. Ger. Wein. It. & Sp. Vino. Por. Vinho. Rus. Wino), is the fermented juice of the grape. The varieties of wine depend chiefly on the quantity of sugar contained in the must, and the manner of its fermentation. When the quantity of sugar is sufficient and the fermentation complete, the wine is generous and perfect ; if the proportion of sugar be too small, the wine is thin and weak ; if it be too large, part of it remains undecomposed, and the wine is sweet and luscious ; and if it be bottled before the fermentation is completed, it will, as in the case of champagne, proceed slowly in the bottle, and on drawing the cork, the wine will sparkle in the glass. When the must is separated from the husk of the grape, before it is fermented, the wine has little colour, and is called White wine. But if the husks are allowed to remain in the must while it is fermenting, the alcohol dissolves the colouring matter of the husks, and the wine is coloured ; such is called Red wine. Wines besides vary much in flavour ; a quality which, in a few kinds, is imparted by nature, but which in the general case is produced by the art of the manufacturer. The vine is a hardy plant, but agrees best with light gravelly soils, or those abounding in volcanic debris, and a temperately warm climate. In colder coun- tries, the grape-juice becomes too poor, and in warmer too saccharine for wine- making. In Europe, the wine district is comprised between lat. 36° and 51° N., within which limits almost all the wines of commerce are produced ; and from whence large quantities are sent to the N. of Europe and to America. In the east, comparatively little is grown or used ; being forbidden to the Mohammedans as the cause of " more evil than profit ;" and never taken by the Hindoos but as a medicine. In China, rice and palm wine are made in large quantities, but little is made from the grape ; though of late they have evinced a taste for European wines, particularly sherry. S Descriptive Table of the Principal Wines. ** France is the vineyard of the earth. Her fertile soil, gentle acclivities, clear sunny skies, and fine summer temperature, place her, in con- junction with her experience and the advantages of science applied to vinification, the foremost in the art of making the juice which so gladdens the human heart " (Redding, pp. 53, 57). The departments which excel in the quality, though not in the quantity, of their produce, are those comprised in the ancient provinces of Burgundy and Champagne, whence the wines derive their names. Burgundy, grown chiefly in the department of C6te d'Or, is a fine dry wine, of the most exquisite delicacy, flavour, and bouquet. It is light, yet with sufficient body and spirit. It is made both red and white ; but the latter is little known in Britain. The choice red growths are Romanee Conti, Chambertin, and La Tache. The best white is Mont Racket. Alcoholic strength, 15 per cent. Burgundy, however, possesses rreater stimulant powers than can be explained jom this proportion of spirit. Champagne, a class of light wines of su- perior delicacy, divided into red and white kinds, each either still or sparkling (mousseux). The red is little known in Britain. The white is generally in perfection the third year of bot- tling. The still is comparatively strong and heating,— but when of superior quality, has the WIN WIN peculiar aroma of the wine in an eminent degree. ! 'J be sparkling is chosen of moderate efferves- I cencc ; that which merely creams on the surface ; idemi-mousseux) being preferred to the full , frothing wine igrand-mousseux) ; which last also keep worst. Champagne is improved in summer by ice. Ale. strength, sparkling, 12 per cent. ; still, 14 per cent. Sillery is a white still kind of the first class, produced near Rheims. Claret is a name given in England to the red wine of Medoc, in the Gironde, imported from Bordeaux ; or more commonly a mixture of that wine and Beni Carlos, or some other full wine. In France, Clairet is a general name for all rose- coloured wines. When in perfection, claret should be of a rich colour ; a bouquet partaking of the violet, and of a very agreeable flavour. The prime growths are Lafitte, Latour, and Margaux. It is less heating, and more aperient than most other wines ; but is comparatively short-lived : it is preferred when about 10 years old. Ale. strength, 15 per cent. Sauterne, a fine dry lightish-brown wine, is also the growth of the'Gironde ; as are likewise Pontac and Barsac, both durable, dry, and also lightish-brown in colour. Graves, a class of wines of the Bordelais. The white kinds have a dry flinty taste, with an aroma resembling cloves : the choicest are St Bris and Carbouneeux. Of the red kinds Haut Brim ranks highest. They keep for 90 years, j Her in Hope is grown near Tain on the Rhone. The white variety is of superior quality ; it is of a straw-yellow colour, rich taste, very peculiar odour, and lasts nearly a century without de- terioration. The red variety is short lived. Cote Rotie is a red wine, grown near Lyons. Though slightly bitter, it excels in clearness, ' colour, and perfume. Routillon, a class of wines, the best of which have body and fineness, and at first are very sweet and of a deep colour ; but in eight or ten years they acquire a golden hue and a delicate j agreeable taste. Masdeu, one variety, is said ~ to combine in some degree the fulness and vinous properties of Port, with the flavour, aroma, and ! bouquet which characterize the French wines. Fronti'jnan, a muscadine wine of Languedoc, occurs both red and white ; and will keep about . 20 years in bottle : when old it resembles Malaga, j Lunel, also grown in Languedoc, resembles Fron- tignan, but is stronger. Rivesolles, a rich white muscadine, grown ' near the Pyrenees, belongs to the class called in ' France vins de liqueur. Spain follows France in the excellence of its wii.es. And from north to south, sites, soils, and exposures of the happiest kind for the vine, cover the face of the country. Sherry, the most important, grown at Xeres ' near Cadiz, is made both pale and brown. The ! pale is generally preferred ; but * ' sherries are ' never to be judged by colour, but solely by taste." When good, this wine has a fine flavour, warm taste, and some portion of the agreeable bitterness ! of peach-kernels. When new, it is harsh and ' fiery, but is mellowed by being kept four or five I years in wood : it does not attain perfection until 15 or 20 years old. When of a due age and good condition it is very fine and wholesome, and free from excess of acfd, with a dry aromatic flavour and fragrancy which render it a fit ! stimulant for delicate stomachs. Of late years its manufacture has been greatly unproved, — ale. str. 20 per cent. Amontillado is a rare, dry, delicate kind of sherry. Paxarette, made near Xeres r ^ronj.*he sherry grape, is a rich cordial malmsey w'.tie, sparkling, and of a light amber colour. Tent, likewise grown near Cadiz, is a rich red muscadine, drank generally as a stomachic. 77 is a secondary kind, with a peculiar taste, from being mingled with wine burned a little in the boiling. Lagrimas Malaga is made from the droppings of the grape without pressure. Mountain is a sweet variety of Malaga. Beni Carlos is a deep red* wine imported from Valencia. The Spantsh Island of Majorca, and the Ma- deiras and Canaries, likewise produce good wine. Alba Flora is a white kind, grown in Majorca ; it approaches Sauterne in flavour. Madeira is a strong dry white wine, uniting great strength and richness of flavour, with a fragrant aud diffusable aroma. It is mellowed and improved in flavour by a voyage to India. It is very durable, and indeed is said not to he in condition until it has been 10 years in wood and 20 in bottle. It is highly stimulant, and is well adapted for debilitated constitutions ; though in its purest form more acid than either port or sherry. Ale. str. 22 per cent Sercial is a fine kind of Madeira ; and Malmsey is a very rich luscious species of the highest quality, made from over-ripe grapes. Tinto is a red kind, wanting the high aroma of the white sorts, and when old resembling tawny port. Teneriffe, or Vidonia, Is a dry canary wine resembling Madeira, but inferior. Portugal — Port, a red wine of the Upper Douro, is, whennewand unmixed, rough, strong, and slightly sweet ; but after being kept in bottle, it loses some of its astringency and most of its sweetness, while its flavour is improved. Being, however, largely brandied, it requires, if imported green, to be'kept three or four years in wood, and from four to seven in bottle, before the odour of the brandy is subdued, and the genuine aroma of the wine developed. It is heatii:g, but when of good quality, wholesome ; though peculiarly noxious when taken in excess. Ale. str. 22 per cent. Lisbon is a secondary wine. White Lisbon resembles inferior Madeira ; it is made both dry and muscadine. Rd Lisbon is coarse and dry. Bucellas, a light white wine grown near Lis- bon, resembles Barsac when pure ; but, as im- ported, it is fiery from sophistication with brandy. Carcavellas, also imported from Lisbon, is a sweetish white wine grown near GZira. Figueira, is a strong coarse red wine. Germany produces little good wine except on the banks of the Rhine (chiefly between Bonn and Mayence), and its tributaries, the Mayn, Moselle, and Neckar. The growths of these dis- tricts, however, form a class of a peculiar and distinct character. They are generous, dry, finely flavoured, and endure age beyond example. They average about 12 per cent, of alcohol. The inferior kinds are naturally acid, but this is not, as is sometimes alleged, the constant character of the German wines. Of the Rhine wines the choicest is Johannisberg ,• of the Mayn wines, Hockheim, or, as it is called in England, Hock (a term sometimes vulgarly applied to all Ger- man wines) ; of the Moselle wines, Brauneberg ; and of the Neckar wines, Bessingheim. Austria possesses scarcely any but poor wines ; but Hungary produces the celebrated Tokay, a rich luscious wine, of a peculiar aromatic flavour ; it is, however, scarce, dear, and little known in Britain. Italy has none of any celebrity except Lacryma Christi, a first class wine, grown only in small quantities near Naples. It is lusci- ous, rich, red, and of exquisite flavour. Sicily produces and exports wine in abund- ance ; but it is generally of very low quality, and fiery from mixture with coarse brandy. Marsala or Bronte Madeira, is a dry white wine, of great body, resembling second cla.ss Madeira. WIN 070 WOO Syracuse, is the name given to a luscious red muscadine ; also to a white vin de liqueur. JEtna, the best, is a strong red wine. Cape of Good Hope. The Cape wines, ex- cept Constantia (a rich luscious kind), are of the worst description, being generally infected with the earthy taste common to wines grown on bad soils. Some are sweet, but the larger part are dry. They are called Cape Madeira, Cape Sherry, Cape Hock, &c. Asia produces no wine for exportation, ex- cept perhaps the celebrated Shiraz of Persia, some of which is occasionally sent to India. America. Wine is made both on the north and south continent, particularly in N. Caro- lina ; in Peru and Chili ; and at Mendoza in Buenos Ayres, near the Andes ; but none is ship- ped to Europe. Australia. Some attention is bestowed on wine in the colony of New South Wales. In 1841, the quantity of wine imported into the United Kingdom was 7,708,502 gallons : and there were entered for consumption 2,412,821 gallons Spanish ; 2,387,017 Portuguese ; .353,740 French; 107,701 Madeira; 55,242 Rhenish (or German); 25,635 Canary; 137 Fayal ; 441,238 Cape; and 401,429 Sicilian and other sorts ; total, 6,184,960 gallons. On January 5, 1842, there were under bond, 10,775,380 gallons ; whereof in London, 6,618,569 ; and in Dublin, Leith, and other ports, 4,156,811 gallons. The surplus imported beyond the consumption is re-exported chiefly to India and our colonies in Australia and America. Prior to 1693, the wines of France were those chiefly consumed in this country ; but the higher duties imposed on them in that year, and the fiscal advantages given by the Methuen Treaty to Portuguese wines in 1703, led gradually to the former being nearly superseded by the latter and the wines of Spain. And after 1793 (when Britain used about 7,000,000 wine gallons yearly) , the consumption of all kinds was checked by the extravagant duties imposed for the prosecution of the war. In 1825, these were modified to 7s. 3d. per (Imp.) gallon on French wine ; 4s. lOd. on other foreign sorts ; and2s.5d. on Cape; and in 1831, when the discriminating duty on French wine was abolished, they were fixed at 5s. 6d. per gallon on all foreign wines, and 2s. 9d. on Cape. Since the reduction in 1825, a considerable increase has taken place in the consumption of sherry. The Standard Gauges of wine recognized in trade are — pipe of Port, 115 gals. ; pipe of Lisbon, 117 gals. ; pipe of Cape or Madeira, 92 gals. ; pipe of Teneriffe, 100 gals. ; butt of Sherry, lOtf gals. ; hogshead of Claret, 46 gals. ; aum of Hock, 30 gals. — all Imperial measure. Farther information will be found under Customs Regulations, Warehousing System, and in the articles on the different wine countries; also in the well-known Treatises on Wine by Dr Henderson and Cyrus Redding. WINTER'S BARK (Wintera aromatica), a spice resembling canella alba. WO AD, a plant (Isatis tinctoria), from the roots and leaves of which a blue dye is obtained ; but its use is now almost entirely superseded by indigo. WOOD. [Timber.] WOOL (Du. Wol. Fr. Laine. Ger. Wolle. It. and Sp. Lana. Por. La, Laa. Rus. Wolna, Scherst), the fleecy covering or pile of the Sheep. Wools are dis- tinguished by their length or staple, and by the fineness of their filaments. Long wool, commonly that which exceeds 3 inches in length, is best adapted for the manufacture of worsted stuffs ; while short wool, thatless than 3 inches, is chiefly employed for cloths and other articles. These two kinds, which are the produce of distinct varieties of sheep, are also distinguished by the manner in which they are prepared for being spun. The long wools, like flax, are combed ; while the short wools are carded ; whence the former are familiarly termed combing wools, and the latter carding or cloth wools. In England, the chief long-woolled sheep is the Leicester, and the chief short- woolled the South Down. The fleece of the latter is very fine ; it is, however, greatly inferior to that of the Merinoes, a Spanish breed, but which has been introduced with signal success into Germany, Australia, and the Cape Colony. S Wool ought to be pliable, elastic, and above all, soft to the touch, a property for which the Saxon wools are noted : the filament too ought to be regular, it should be free from hairs or kemps. Farther, it ought to be curly or crispy, with the peculiar property of felting. Each fleece contains wool of diflerent qualities ; the best is that on the spine and sides. And that shorn from the live sheep, called fleece wool, is superior to that cut from its skin after death, called dead tcool ; the latter being comparatively harsh, weak, and incapable of imbibing the dyeing principles, an objection to which also black wool is liable. The assorting or stapling of wool is sometimes per- formed by the manufacturer, but chiefly by wool-staplers, who purchase the raw material from the grower, and dispose of it, after it is assorted, to the manufacturer. The exportation of wool was prohibited in 1660, mainly from a desire to preserve to ourselves the English long wool, a kind not produced in any other country ; but this policy was more injurious to the agriculturist than beneficial to the manufacturer, and the improvements in ma- chinery having enabled short wools to be applied to many of the purposes for which long wools bad been appropriated, the prohibition was withdrawn by Mr Huskisson in 1825. Since then, the exports of British wool have gradually increased, and in 1841 amounted (exclusive of yarn) to 8,471,235 lbs., of which 7,544,196 lbs. went to Belgium, and 894,704 lbs. to France. The importation of foreign wool into Britain was free until 1802, when it was subjected to a duty of 5s. 3d. per cwt. ; which was gradually raised to 6s. 8d. in 1813; and in 1819 (by Mr Van- sittart) to 56s. per cwt., or 6ri. per lb. This extravagant rate was gradually reduced in 1824 and 1825 to id. per lb. on wool under Is. per lb. in value, and to Id. per lb. on higher sorts. In 1819, the duty on colonial wool was fixed at Id. per lb., and since 1825 it has been admitted free. Prior to 1800, our annual imports of wool seldom excQedeish produce. Since the peace, the great source of supply has been Germany ; though of late years considerable quantities have likew.se been brought from Australia, India, S. America, and "the C;ipe Colony. In 1841 there were imported from Germany, 20,958,775 lbs.; Russia, 4,131,652 lbs.; Denmark, 77H.256 lbs.; woo 671 woo Portugal, G79.071 lbs.; Spain, 1 ,088,200 lbs. ; Italy, 1,502,254 lbs.; Turkey, 447,563 lbs.; Cape Colonv, 1,079,910 lb^. ; India, ;J.8,664 lbs.; New S. Wales, 7,993,060 lbs. ; Van Diemen's Land, 3,597,531 lbs. ; S. Australia, 759,909 lbs. ; La Plata States, 5,105,637 lbs. ; Peru, 3,144,4f»2 lbs. ; Chili, 923,832 lbs. ; making, with small quantities from other places, in all, 56,179,641 ibs. The quantity entered for home consumption was 52,862,020 lbs.; namely, 22,051,796 lbs. at duty of Id. p rib., 14.495,0H2 lbs. at jd. do, 4306 lbs. red wool at 6d.peT lb. do., and 16,310,916 lbs. colonial wool, duty free. The surplus imported was re-exported to Belgium, France, and the United State*. The Peruvian wool, it mav be observed, is mostly that of the alpaca, a species of llama. The sack of British wool of 2 weys, or 13 tods = 3C4 lb-. Tho last is 12 sacks. And the pack =.240 lbs. The German bale weighs about 3-50 lbs. See tftrmJRnorr. WOOLLEN MANUFACTURE. This art existed in England at a remote p: riod, but in a rude state, as a great part of the raw wool produced in the king- dom was exported to Flanders in exchange for the finer cloths, down to the reign of Edward III., when the manufacture received an impulse from the immigration of a number of weavers from Ghent. Numerous laws were afterwards passed for its regulation ; including among others the prevention of the exportation of British wool, the confinement of the art to certain localities ; and the prohibition of the use of machinery. These laws, though in course of time abolished, mate- rially retarded the manufacture. The statute of Edward VI. discouraging ma- chinery, only repealed in 1807, was so effectual a bar to improvement, that until nearly the end of last century, the several processes were conducted in the same barbarous manner as in the reign of Edward III. Since 1807, a variety of machines have been applied to the carding and spinning of wool ; while the power- loom has been employed in the weaving. The repeal of the prohibition to export British wool, which was not effected until 1825, by allowing the French to procure the long staple wool of England, at first enabled them to produce new stuffs superior to any that we had ever manufactured ; but this superiority was not of long con- tinuance. Stimulated by competition, our manufacturers in a few years introduced improved processes, which enabled them to produce merinos and other stuffs in every respect equal to those of France. And in the course of the ten years follow- ing the removal of the restriction, their exportation of such goods, instead of de- clining, increased to the extent of 50 per cent. {Porter's Progress of the Nation, p. 190). Three great divisions of the trade are commonly recognised, — the manufacture of woollen cloth, of worsted or stuff articles, and of hosiery. And the chief districts in which they are pursued are as follow :— Woollen cloth in the West Riding of Yorkshire, Gloucestershire, Wilts, and Somerset ; stuffs or worsteds at Bradford, Halifax, Leeds, and in Norfolk ; hosiery in Leicestershire ; woollen yarn in Suffolk and Lancashire. Besides which, carpets are made at Kidderminster, Wilton, and Axminster ; and tweeds, plaiding, and woollen shawls, in Scotland. The English cloth manufacture is carried on generally in three ways. 1st, The domestic system, under which there is a number of small masters, mostly occupy- ing little farms, 2d, Under the master-clothier system of the West of England, where one individual purchases the wool and gives it out to distinct classes of manufacturers to be worked up. 3d, Under the factory system, where one indi- vidual employs a number of workmen under his own superintendence. Nearly three-fourths of the whole woollen manufacture is located in the West Riding of Yorkshire, where the goods are chiefly sold in an undressed state in public halls in the principal towns. A considerable quantity is also purchased in the different districts by drapers, who give out samples to the manufacturers, and get the cloth sent direct to their warehouses. The woollens of Norfolk and the West of Eng- land are generally sold at fairs or markets, or to parties sent round by the drapers. The annual value of the manufacture in 1698 was estimated at £6,000,000 ; in 1741, £8,340,000; in 1774, it was, according to Arthur Young, £12,794,877 ; and in 1800, according to Mr Luccock, £17,500,000. In 1834 it was estimated by Mr YoHatt as follows : 108,000,000 lbs. of British wool at Is. 3d., and 46,535,232 lbs. of imported wool at 2s. 6d., £12,556,904 ; wages of 350,000 persons at £25 each, £8,750,000 ; dyes, oils, and other raw materials, £1,450,000 ; wear and tear of fixed capital, profits, &c, £4,250,000 ; total, £27,006,904. But, since 1834, a con- siderable fall has taken place in the price of raw wool. The sale of woollens was long confined to the home market. And it was not until the beginning of last century that the exports to the continent and to our colonies became of importance. The value of woollens exported was in 1700 nearly £3,000,000 ; and in 1800 about double that sum. Their value has not since in- creased ; but, owing to the diminished price of wool, and the greater economy in the various manufacturing processes, the quantities have on the whole considerably increased. At present, the most prosperous department of the trade is that in worsted and stuff goods. Of late years, cottons nave, from their cheapness, in a WOR 072 ZIN great degree superseded the lower qualities of cloths ; a circumstance which, joined to the increasing rivalry of France, Germany, and Belgium, renders it improbable, unless new markets shall be opened in China or elsewhere, that much extension will in future be given to our manufacture of woollen cloths. In 1841, exports consisted of 213,125 pieces cloth ; 11,491 pieces napped coatings, duffles, &c. ; 22,131 pieces kerseymeres; 37,160 pieces baize; 2,007,366 pieces woollen or worsted stuffs; 1,820,244 yards flannel; 2,187,329 yards blanketing; 809,315 yards carpeting; 5,015,087 yards wool- lens mixed with cotton; 135,909 dozen pairs stockings ; and £163,900 in value of tapes, small wares, &c. The total declared value was £5,748,673; whereof the United States took £1,521,980; Ger- many, £883,878; Holland, £316,769; Belgium, £110,792; Russia, £102,733; Portugal, £164,251 ; Italy, £203,797 ; Gibraltar and Spain, £152,603 ; India and China ; £532,710 ; Aus- tralia, £91,851; British America, £515,344; Brazil, £329,984; Mexico and South American States, £468,070 ; and the remainder in smaller quantities to different places. The above was exclusive of 4,903,291 lbs. yarn, mostly to Germany. S WORMSEED, the unexpanded flowers and calyxes of a species of Artemisia. They are imported from the Levant and Barbary, and are used in medicine. WORMWOOD, a perennial herb {Artemisia absinthium), indigenous to Britain, celebrated for its intensely bitter, tonic, and stimulating qualities. Y. YARD, the British standard measure of length. [Measures.] YARN (Fr. Fil Ger. Gam. It. Filato. Por.Fio. Rus. Prasha. Sp. Hilo), simple spun thread. Its quality is expressed in England by numbers, denoting the number of hanks in an avoirdupois pound weight; reckoning the length of the hank of cotton yarn at 840 yards, or 7 leys of 120 yards each. The hank of worsted yarn is some- times counted in the same way, but more generally at 560 yards, or 7 leys of 80 yards each. Linen yarn is estimated in England by the number of leys or cuts, each of 300 yards, contained in a pound ; but in Scotland by the number of pounds in a spindle or 48 leys : thus, No. 48 in England is called 1 lb. yarn in Scotland. S YEAST, or BARM, a product of the fermentation by which beer is made ; upon the surface of which it swims from involving bubbles of carbonic acid gas. It may be obtained in the form of a firm paste. Mixed with moistened flour it excites the panary fermentation, and is thus used for making bread. Z AFFRE, an impure oxide of cobalt, prepared by calcining its ores, and mixing the product with about twice its weight of finely powdered flint. It is used for communicating a blue colour to glass, porcelain, and earthenware ; and, when roasted with potashes, washed, and pulverized, forms Smalts. About 2600 cwts. are annually imported from Norway and Germany. ZEALAND, NEW, a group of islands lying in the Pacific, 1300 miles S.E. of Australia. They are subject to Britain; and in 1841 were placed under a go- vernor and council, s There are two principal islands, separated by Cook's Strait— New Ulster and New Munster. The latter, and the greater part of the former, are intersected by a mountain-chain, elevated in some parts 14,000 feet ; and there are several subordinate ranges. The country generally is well watered, wooded, and fertile ; and the climate salubrious and temperate, resembling that of France. New Ulster alone — the N. island — has been colonized by the British. Auckland, the capital, advantageously situated on its N. W. side, on the Waitemata, in lat. 36° 51' S., long. 174° 45' E., is rapidly rising into importance, and has a spacious harbour. Russell, towards the N. E. extremity, on the Bay of Islands, and "Wellington, on the S. on Cook's Strait, are the other principal stations. Timber and flax are at present the chief products ; but as colonization is progressing rapidly, and the natives evince an aptitude for civilized usages, little doubt can be entertained that these fine islands will become ere long the sites of an extensive commerce. ZINC, or SPELTER (Fr. Zinc. Ger. Zink. It. Zinco. Chin. Pi-yuen), a metal of a blueish-white colour and lustre. Sp. gr. 7. At common temperatures it is tough and intractable ; but heated to between 220° and 320° it becomes malle- able ana ductile ; so that it may be hammered out, rolled into sheets and lenves, and drawn into wire. Being cheap, light, and a metal which, when superficially oxidized, long resists the further action of air and water, it is now employed as a substitute for lead in lining water cisterns and roofing ; alloyed with copper it forms brass ; and several of its compounds are used in medicine. Zinc is obtained either from calamine, a native carbonate, or blende, a native sulphuret. Both are found in this country, especially in Flintshire and Derbyshire. But British zinc is inferior to that of Germany, from whence, chiefly by way of Prussia and Ham- burg, from 100,000 to 170,000 cwts. are annually imported (commonly as ballast in ships bringing wool) ; of which about 80,000 cwts. are entered for home consump- tion, and the rest is re-exported, mostly to India. SUPPLEMENT AGA ALP AGAL-AGAL. This is usually written Agar-agar. It is the Sphaero- eoccus spinostts of Agardh. A large trade is carried on in this prepared sea- weed in the East, from Singapore and the Eastern Archipelago generally to China. It is used not only for food but as a stiffening material for paper and fabrics. ALGERIA. The total population in 1854 was 2,056,298 natives in districts under military government ; Civil Europeans, 155,607, and about 70,000 mili- tary. The custom duties and navigation dues received in 1854 amounted to £102,111. The number of vessels entered at ports of Algeria was 6817, regis- tering 437,912 tons, of which 1417 vessels were from French ports, 1712 from foreign ports, and 3688 employed in the Algerian coasting-trade. The value of the total imports in the same year was £3,249,378, and of the exports £1,687,043. There were in all 1,903,675 acres under cultivation with grain, which produced 25,772,000 bushels, valued at £5,509,753. In 1853 there were 1688 tobacco-planters, cultivating 2287 acres of land, the produce being 1,637,523 kilogrammes of tobacco, valued at 1,435,226 francs. ALKALI. Of alkali and barilla we imported 903 tons in 1858 from the Two Sicilies and Peru, ranging in price from £17. 10? to £19. 10*. The aggregate value was £14,216. The average imports of the four years ending 1858 were about 1200 tons. ALMONDS. The trade in this shelled-fruit has largely increased. In 1853 the total import of sweet almonds was 33,106 cwt., of the computed value of £98,532., upon which a duty of 10s per cwt. was paid, and 12,140 cwt. were retained for home consumption. The Spanish almonds were valued at £4. 7* 2d per cwt. ; those brought from Gibraltar at £5. 13* per cwt. Of bitter almonds 8370 cwt. were imported in the same year, valued at £3. per cwt., which came in free of duty. ALOES. The average annual imports of this drug have been lately on the increase. Previous to 1850 they scarcely averaged 130 tons ; in 1858 they reached 265 tons. The bulk of this comes from Southern Africa and the East Indies. The average price fixed for the value was £1. 12* 8<7- per cwt. for Cape aloes, £6. 16* 6d for Barbados, and £7. for Socotrine. ALPACA, the name of a species of Peruvian sheep ; also of its wool, from which a fabric has been manufactured of great variety and utility. The alpaca is hardy, can feed on the refuse herbage left by other animals, and though smaller in size than the llama, is like it, used in Peru to carry burdens. Nine- tenths of its wool is black, the rest brown or grizzled. The staple is of extra- ordinary length, of a singularly soft and silky quality, and when carefully managed loses nothing of its gloss, in dyeing and finishing. The use of it has rapidly extended in the worsted manufactures of Yorkshire, especially by improved processes. The quantity of the wool imported from 1836, when Mr. Salt of Saltaire made his first purchase, to 1840, averaged 5SO,000 lbs. per annum. In 1851 the import had reached 2,186,480 lbs. ; and the advance in price had risen from lOd per lb. in 1836 to 2* 6d per lb. in IS 52. — See Wool Nearly contemporaneous with the introduction of alpaca wool was the bringing into general use in Yorkshire of an article similar in many of its properties, ALU 2 AUS namely, mohair, or goat's wool. This article is of very ancient use in manu factures, having been employed, as we are taught in the Book of Exodus, for th furniture and covering of the Jewish tabernacle. The wool is grown in th neighbourhood of Angora, in the centre of Asia Minor, and is brought fron thence on the backs of camels to Constantinople for shipment. Although man; attempts have been made to extend its growth beyond this immediate districl they have hitherto generally failed. Formerly, yarn was spun by hand in Turke; itself to a large extent, and exported to France ; but English spun mohair yari has now entirely superseded it. The export of this yarn to France in 1851 amounted to 400,000 lbs. ; and in Germany its consumption is greatly increasing It is manufactured in Yorkshire, chiefly into articles for ladies' dresses, of grea softness, lustre, and brilliancy. On the Continent, and in some parts of England there is a large and increasing production from this article of what is calle< Utrecht velvet, for hangings, furniture, linings of carriages, &c. ALUM. About 13,000 tons of alum are made in the United Kingdom which, at an average of £8. per ton, makes an aggregate sum of £104,000 pe annum. In 1858, 1453 cwt. of alum and 1115 cwt. of roche alum were imported worth together £1156. The exports of alum in the same year amounted to 70,000 cwt. of the value of £29,735. AMBERGRIS. The imports of ambergris are very small, only amounting to a few ounces a year. In 1858, 120 ounces were brought in of the value o £211. ANCHORS. With the extension of shipping in all parts of the world, th demand for anchors increases ; and as the vessels now built are usually of a mucl larger tonnage than formerly, heavier anchors and more of them are required One anchor is considered necessary for every 20 tons. The aggregate manu facture must be very large, seeing that besides those required for our own mer cantile and naval vessels, 16,772 tons of anchors, grapnels, &c. valued a £261,500, were exported in 1858. ANIML In 1858 the imports of this resin were 2623 cwts., chiefly from th west and east coasts of Africa, of the aggregate value of £18,229. ANNATTO. The imports of this colouring substance were 3835 cwts. ii 1858, valued at £11,846. The duty was removed in 1845. APOTHECARY'S WARES. Under this designation various otherwise unde scribed and unenumerated articles of drugs, &c, are annually shipped from thi country to the value of about half-a-million sterling. APPAREL. Under this heading, ready-made clothes, old and new, are shippe< to the value now of about £2,500,000. annually, exclusive of about £400,00i slops and negro clothing. The largest portion, upwards of £1,000,000, goes to Australia. ARGOL. The crust or sediment of wine vats. The imports have beei largely on the decrease of late years. In 1854, 30,000 cwts. were imported ; whil in 1858, but 13,544 cwt. were received. It comes chiefly from the Mediterraneai and Peninsular ports. . ARMS AND AMMUNITION. The exports under this head have increase* of late years beyond the sum mentioned at page 354. It comprises the tw< items of guns and gunpowder : the average value of the ten years ending 1851 was £600,000, about half of which amount was guns and half gunpowder. ARROWROOT. The imports of this starch for food are now very large In 1858, 27,324 cwts. were imported, and nearly all entered for home consump tion. The aggregate value was stated at £64,359. The duty has been A\d pe cwt. since June, 1853. St. Vincent, Barbados, and some other of the Wes India islands, furnish the chief supplies. The manufacture, however, is exten sively carried on in Natal, Sierra Leone, Penang, Brazil, and other quarters. ASPHALT UM. This bituminous substance, when of a good and pure cha racter, is much used as a black coating or varnish. The imports in 185* amounted to 2232 tons, of the value of about £20,000. Some came from Cuba valued at £7. per ton ; the bulk from the south of France at £9. ; and the bes or Egyptian qualities were worth £14. 10s 6d. There is no duty levied on it. AUSTRIA. The population of the Austrian empire in 1855, exclusive o; A US 3 BAD the military was 39,411,309, and the total area 243,472. The revenue in 1856 was £27,316,227, and the expenditure £33,551,594. The public debt stood at £241,700,000. The total number of merchant vessels that belonged to Austria at the commencement of 1857 was 651 sea-going vessels of 233,973 aggregate tonnage, with 6804 men as crews; and 2742 coasting vessels of 88,837 tons, with 10,153 crew. The value of the imports of the empire in 1855 was £23,646,491, and of the exports nearly the same. In 1853, 5,400,000 cwt. of beet-root sugar was made in Austria. In the same year there were 1000 miles of railway in operation, and 39,000,000 passengers were conveyed over them; 694,230 cwt. of tobacco was consumed. The number of foreign vessels that enter and clear at the port of Trieste is about 2500, but the number of British vessels engaged in the trade has been declining, now scarcely numbering 1 00. The value of our imports from Austria range from three quarters to one million sterling per annum, and the exports of British manufactured goods sent in return, are to the value of one million. The transit trade of goods through Austria to Turkey and other coun- tries has been to the value of £14,500,000 per annum. A very large proportion of the trade of Austria passes the frontiers of the neighbouring German States, from whence the imports have been increasing in importance of late years, although the exports to them have been more stationary. Of about 140,500,000 acres, the computed extent of the Austrian Empire, there were in 1851 : — In forest .... 44,500,000 acres | In vineyards . . . 1,740,000 acres In pasture . . . . 22,000,000 „ I In olive, laurel, and chest- In meadow and garden . 20,000,000 „ not grounds . . . 155,000 „ In arable land . . . 52,000,000 „ j The agricultural produce that year was: wheat, 67,679,000 bushels; rye, 99,000,000; barley, 740,600,000; oats, 131,567,000; maize, 56,000,000; rice, 1,500,000; other kinds of grain, 170,000,000; pulse, 11,000,000; potatoes, 142,500,000 bushels; wine, 622,500,000 gallons; tobacco, 845,507 cwts.; flax and hemp, 3,098,000 cwts.; linseed, 579,253 cwts.; hops, 72,599 cwts.; olive and seed oil, 647,278 cwts.; wool, 444,568 cwts. The consumption of beet root in the sugar factories in 1853 was 5,360,055 centners, of 123£lbs. each. The live stock comprised 3,230,000 horses; 1 16,2 10 mules and asses; 3,795,348 bulls and oxen; 6,615,136 cows; 16,801,545 sheep; 2,275,900 goats; and 7,401,3C0 swine. Wool is a very important item both of import and of export in Austria, the coarser sorts being imported in large quantities chiefly from Russia; while the finer kinds for the most part grown in Hungary, form one of the chief staples of that country, and are annually exported to a far greater extent than that of the imported, to supply the manufactories of the States of the Zollverein, of France, and of Belgium. From 1831 to 1840 the annual importation of wool did not quite amount to 50,000 cwts., and from 1841 to 1850 it did not rise beyond 63,000 cwts., but in 1851 it was 101,800 cwts., in 1852, 135,500 cwts., and in 1853, 120,800 cwts. In 1854 the blockade of the Russian ports having stopped the usual outlets for the wool of that country, a large quantity was furnished to Austria, and the import then rose to 291,800 cwts. In 1855 it was 210,730 cwts., and in 1856 it fell to 184,220 cwts. Flax and hemp, from 1841 to 1850 were annually imported to the extent of about 176,000 cwts. In 1854, owing to the failure of the crop of the preceding year, the quantity was only 91,100 cwt. In 1856 the importations rose to 207,100 cwts., a large proportion being Roman hemp, and exceeding the quantity exported by 160,000 cwts. AZORES. The entries of vessels at the ports of • the Azores in 1856 were 685, of 9 1 ,905 tons. The value of the cargoes brought in ranges from £200,000 to £400,000 in value, and of those cleared from £300,000 to £430,000. The imports into the island of St. Michael in 1857 were valued at £131,684, of which £59,600 was from Great Britain. The exports from this island in the same year comprised among other products, 120,788 boxes of oranges, valued at £78,290; 2604 quarters of wheat, 1830 of Indian corn, and 14,670 of beans, together valued at £ 1 13,000. BADEN. This Grand Duchy has a superficies of 278 geographical square BAD 4 BAL miles, and its inhabitants in 1858 were calculated in round numbers to be 1,380,000. A third of the superficies is arable land, another third is covered with forests, and the remaining third with gardens, fields, pasture lands, &c. The grain crops are valued at about £41,000,000; pulse and root crops, £1,000,000. The most important plant is tobacco, which during the last fifteen years has been cultivated with the greatest success. The total quantity raised is now about 180,000 cwts. Considerable quantities of this tobacco are exported to the Zollverein and other countries, such as Austria, France, Spain, and North America. In 1856 the tobacco crop was valued at £385,000. The cigar manu- factories employ a considerable number of workmen, particularly those of Mann- heim, Rauenberg, Leimen, and Sandhausen. One factory alone gives employ- ment to several hundred workmen, and produces annually 20,000,000 cigars. The cultivation of the vine has made during the last twenty years very remark- able progress. The finer sorts of wine begin to rival the best growths (" Crus,") of France and of the Lower Rhine, which is evident by the daily increasing exportation of these wines to Switzerland, Northern Germany, Holland, England, and also to North America. In good years the wine crop represents annually a value of £1,000,000. The best growths are those of the Tauber, Wertheim, Ortenau, Lake of Constance, and Margrafter. The Grand Duchy possessed in 1858 no less than 600,000 cattle of all sorts, 70,000 horses, 200,000 sheep (the greater part with fine wool) 24,000 goats, 500,000 pigs, 15,000 beehives, 14,000 donkeys, and more than 20,000,000 poultry, comprising geese, turkeys, ducks, fowls, pheasants, &c. The number of manufactories in 1849 was 335, employ- ing 17,105 workmen. During the last ten years this number has been augmented by several large establishments. The most important manufactory is at Ettlingen, near Rastadt; shirtings and cotton velvets, consuming annually at least 2500 bales of cotton, and employing constantly 1800 workmen There are 980 power looms, 50 hand looms, 250 for cutting the velvet, and 2800 mule jennies. The manufacture of beet root sugar at Waghausel, near Bruchsel, is one of the largest in the Zollverein. More than a million of quintals of beet root are annually made into 60,000 to 80,000 quintals of sugar; the number of workmen con- stantly employed is 560, but during several months of the year it increases to 2,200. The manufacture of wooden and musical clocks, employed in 1855 no less than 1570 master workmen, and three times that number of common workmen. The clocks made in the Black Forest are known and appreciated as much for their cheapness as for their excellent construction, in every country where clocks are made use of. The total value of the clocks sold exceeds £1,000,000. This trade is, however, now subject to a severe competition, in consequence of the rapid progress which a like industry has made in North America, where it is earned on by natives of the Black Forest and others. Each of the 270,000 families of the Grand Duchy consumes per year 232 lbs. of meat of all sorts. If we calculate the net revenue raised in middling years from agriculture, forests, and mines, we find a total of nearly 44,000,000 florins, or a gross revenue of 110,000,000 florins, £19,166,667. One cannot too much admire the intelligent perseverance which the Government has manifested for many years past, by accelerating and extending its river and land communications. From the years 1831 to 1854, £2,728,750 have been expended in the construc- tion of new roads and in altering and improving old ones, m repairing the banks of the Rhine and other rivers, and in constructing ports, &c; independent of £3,400,000 which the construction of the railroad ana telegraphs had cost the Government. The Government of the late Grand Duke Leopold expended no •less than £7,916,667 during this period of twenty-four years, in order to give to the country the advantages of a perfect system of locomotion appropriate to the necessities of the times. BALANCE OF TRADE. A very great improvement has been made in the mode of keeping the public accounts since the remarks in the body of this work were published. Dating from 1854, the Statistical Department of the Board of Trade have published the computed real value of the imports and the declared value of the exports ; so that now a more correct approximation can be made of the extent and character of our trade inwards and outwards. BAL BAL The official and real values of exports once bore very nearly the same pro- portion to each other which it appears the imports still do— the real value or money-price being about a fifth or a sixth more than the official value, as might be expected to be the case when the official columns were measured by the prices in 1694. But the comparative amount of these ratings at once and sud- denly changed in 1819: in that year the real value of exports suddenly sunk below the official, and this difference has gone on continually increasing up to this hour, when it has become perfectly enormous. I may refer to the following figures, taken from the Parliamentary returns, for the proof of this startling observation : — Table showing the official and declared value of Exports of Great Britain and Ireland in the undermentioned years. Official value of Declared value Exports. of Exports. . £44,236,533 . . £36,968,964 : 43,814,372 . . 35,458,048 . 126,130,986 . . 58,842,377 . 132,017,681 . . 52,849,445 . 164,539,504 . . 63,596,025 . 109,331,158 . . 73,676,854 . 25^413,304 . . 95,688,085 . 305,542,703 . . 116,608,756 So that while before 1819 the official value of the exports was always below their real value ; since that year, while the official and real value of the imports has preserved the same proportion, that of the exports has so enormously changed that the official value is now to the real — that is, the money received for them — as 305 to 116! There has been some powerful cause at work to have suddenly produced a change so prodigious. I leave it to statistical philo- sophers to say what that cause is. The difference, and it is a most important one, probably arose from this, — that the official valuation of both imports and exports was made in 1694; but the former consists chiefly of raw produce, such as corn, cotton, and the like, as to which the application of machinery and the division of labour, as well as the change of our currency, have had comparatively little influence; while the exports are, for the most part, of manufactured goods, on which capital, machi- nery, and a contracted currency have had an immense and decisive influence. The returns since 1854, when the real value of the imports was first ascertained, prove this decisively, for they are as follows : — Official value of Declared value Exports. of Exports. 1813 . . £34,207,253 . . £45,494,219 1821 1814 . . 42,875,996 . . 51,603,028 1822 1815 . . 35.717,071 . . 41,617,873 1847 1816 . . 41,111,427 . . 41,761,132 1848 1817 . . 42,700,521 . . 46,603,249 1849 1818 . • 33,534,171 . . 35,208,321 1852 1819 . . 38,395,625 . . 36,424,652 1855 1620 . . 40,831,744 . . 33,059,630 1858 Years. I M POETS. EXPOBTS. Official Value. Real Value. Official Value. Real Value. 1854 1855 1856 1857 1858 124,136,018 117,284,881 131,937,763 136,215,849 138,159,144 152,389,053 143, .542 ,850 172,544,154 187,844,441 163,795,803 214,071,842 226,198,262 258,305,453 253,296,713 305,542,703 97,184,726 95,688,085 115,826.948 122,066,107 116,608,756 The columns of exports here are of the British produce and manufactures only, both in the officirl and real columns, because it is there that the prodigious change, as compared with the imports in the same years, has occurred. The colonial produce exported bears in real and official value, much the same pro- portions as the imports. Although the official value of imports does not afford an exact test of their real value, yet it affords a close approximation to it, differing only in the real value being somewhat greater than the official; whereas the official retums of exports for the last thirty years exhibit returns enormously at variance with the real value, — the real being eighty or ninety per cent, below the official, which difference is yearly increasing with the fall in the money value of our exports. Fortunately this is now placed beyond a doubt by the returns of the real value of import, which, since the year 1854, have been made up in consequence of Mr. BAL 6 BAN Porter's representations of the deceptive nature of the official returns of exports and imports considered as a test of their real value. The following are the returns of the official and declared (or real) value of both exports and imports since the improvement recommended by Mr. Porter came into operation, in 1854:— True Balance of Trade as shown by the Eeal and Declared Value of Exports and Imports, 1854-58. Years. Imports, Real Value. Exports, Declared Value. Balance against England. British Produce and Manufacture. Foreign and Colonial Merchandise. Total Exports. 1854 1855 1856 1857 1858 152,389,053 143,542,850 172,544,154 187,844,441 164,583,832 97,184,726 95,688,085 115,826,948 122,066,107 116,608,756 1^,636,366 21,003,215 23,393,405 24,108,194 23,174,023 115,821,092 116,691,300 139.220.353 146,174,301 139,782,779 36,567,961 26,851,650 33,823,801 41,670,140 24,801,053 Balance against England in five years . £163,714,505 This is the state of the fact, established by the decisive evidence of the returns of the real value of the imports and exports, as now ascertained since the real value of the former has been entered according to Mr. Porter's suggestions. It has generally been considered that to carry on a profitable commerce, the balance of trade, as it is termed, should be in our favour; that is, that the value of the goods exported should be greater than those imported. But there are seve- ral matters which are generally overlooked in the estimate. 1st. Great Britain is the entrepot or port of receipt for most of the goods of foreign produce intended for the continent and other quarters. Large cargoes come here for orders, or are stored or landed to be transhipped. 2ndly. We now do most of the carrying trade of the world, and large profits are therefore made by our merchants and dealers on freights, insurance, commission, and brokerage. Articles of foreign merchandise imported for re-export, as well as those worked up in manufactures, are therefore indirectly beneficial to our commerce. BANKRUPTCY.— A short Act was passed (20 and 21 Vict. c. 60), 13th August, 1859, to amend the Irish Bankruptcy and Insolvency Act, which recites that "Whereas by the Irish Bankrupt and Insolvent Act, 1857, unclaimed divi- dends made before the passing of the said Act are exempted from the operation of its two hundred and ninety-fourth Section, but no provision is thereby made for the disposal of such unclaimed dividends, and it is expedient to amend the said Act by supplying the said omission: be it enacted by the Queen's most excellent Majesty, by and with the advice and consent of the Lords spiritual and temporal, and Commons, in the present Parliament assembled, and by the autho- rity of the same, as follows: — " The Court may order that dividends which had been declared before the passing of the said Irish Bankrupt and Insolvent Act, 1857, and which have re- mained unclaimed for the space of three years from the declaration thereof, shall be divided and paid amongst the other creditors, in manner provided by the Sixth of William the Fourth, Chapter Fourteen, Section One hundred and twenty-eight. " The said recited Act and this Act shall be treated and con- strued as one Act." According to an estimate made by Mr. Perry, the careful compiler of the Bankrupt and. Insolvent Weekly Gazette, the number of compositions and assignments, and arrangements out of Court may be taken at 10,000 to 12,000 annually, and the number of estates admimstered in bankruptcy does not exceed 1000. The number of fiats issued in England and Wales, was in 1832, 1700, and in 1833, 1283; at about which number it remained until 1837, when it rose to 1939. This great increase consisted almost entirely of country fiats, which rose from BAN BAN 724 to 1408. The number of town fiats did not exceed the average of the pre- ceding 4 years. In the five years ending July 5, 1848, the number of certificates respectively granted, by the five Commissioners of the London Bankruptcy Court were as follows: First-class Certificates ... Evans. Fonblanque. Fane. Holroyd. Goulburn. 17 31 161 51 47 Second-class „ 283 251 245 230 167 Third-class „ 18 177 169 55 48 Certificates suspended ... 140 134 40 152 227 Certificates refused 9 5 10 10 3 Adjournment of Bnkrpts'. Examination, sine die 56 49 31 134 134 The number of sittings held before each London Commissioner in the four years ending 1859, under the arrangement clauses of the Bankrupt Law Consolidation Act, 1849 -, the Joint Stock Winding-up Act, and the 7 and 8 Vict. c. 70, was as follows: — Evans. Fonblanque. Fane. Holroyd. Goulburn. TotaL Arrangements - Joint-Stock Comps. Act 7 and 8 Vict. c. 70 Total - - 161 27 23 239 57 16 219 56 17 177 58 20 210 19 24 1006 217 100 211 312 292 255 253 1323 In the District Courts of Bankruptcy the returns were: — o 1 "3 o 1 1 8£ o 1 i 1 1 3 i n ill h! M H Arrangements. 170 158 648 84 41 37 6 Joint Stock Comps. Act. nil. 5 17 niL 18 1 19 7 and 8 Vict c 70. Total .... nil. nil. 16 niL 17 3 niL 170 163 681 84 76 41 25 The average number of public sittings in Bankruptcy in the London Court in the 6 years ending 1859 were 4322, and private sittings 2903. An official return published early in 1860, shewed that the total amount of monies paid into the Bank of England to the credit of the Accountant in Bank- ruptcy, on general account of Bankrupt's estates, for the year 1858 was j£l,431,717, by official assignees and others, £48,187 of sale of stock from Bankruptcy Fund Account. There was paid out by order of the Lord Chancel- lor for investments, £110,000, and by order of the Commissioners, £ 483,304. The amount transferred as dividends was £1,000,851, and paid out as dividends in the year was £976,539. On the unclaimed dividend account there was paid in £1500, and paid out for investment £1600. There was paid into the Chief Registrar's Account by assignees, &c, £43,532, interest on stock, £49,606, by Commissioners of Inland Revenue, £21,201. The net balances standing on the 1st January, 1859, were in the General Bankrupts' Estates Account, 2 > 12,124 in cash, £36,532 in stock, and £93,200 in Exchequer bills. In the Bankruptcy Fund Account £1,579,822 in stock. In the Unclaimed Dividend Account £223 in cash and £9146 in stock. In the Chief Registrar's Account £13,623 in cash, and £112,788 in stock. The general expenses incurred were, in salaries, £54,456, compensations in London, £8124; in the country, £9221; retiring annuities, £3798; expenses and travelling, &c, £8437, surplus monies invested in stock, £30,000, total, £114,106. The salaries of the five London Commissioners are £2000 a year, of the ten Country Commissioners, £1800; of the London Registrars £1000, BAN 8 BAN and of the Country Registrars, £800. The Accountant has £1500 and his chief clerk £800. The Master has £1200. The ushers in London have salaries of £100, and in the country of £80. In 1857, there were 30 failures reported in Canada East, with liabilities amounting to 1,790,000 dol.; in 1858, there were 62 failures, with liabilities of 1,726,810 dol. In Canada West, in 1857, there were 134 failures, with liabilities of 4,886,000 dol. ; in 1858, there were 251 failures, with liabilities of 1,689,255 dol. For the purpose of comparison with these figures, it may be added that the re- ported failures in New York City in 1857, were 915, with liabilities of 135,129,000 dol.; in 1858, there were 406, with liabilities of 17,773,462 dol. The total re- ported failures throughout the United States and the British Provinces, in 1857, were 5,118, with liabilities of 299,801,000 dol.; in 1858, the failures were 4,537, with liabilities of 100,187,571 dollars. In the annual circular of Messrs. Dun, Boyd, and Co. mercantile agents, New York, it is stated that the number of failures in the United States in the year 1859 was 3913, involving liabilities of 64,294,000 dol. This is a decrease in the number of failures since 1858 of 312, and in liabilities of 31,455,662 dol. Of the failures in 1859, 123, with liabilities of 4,759,000 dol. occurred in Boston, and 160, with debts to the extent of 1,927,000 dol., in the rest of Massachusetts ; 61, with liabilities of 1,159,000 dol., occurred in Maine; 25, with liabilities of 307,000 dol., in New Hampshire; 36, with liabilities of 560,000 dol., in Ver- mont ; 12, with liabilities of 256,000 dol., in Providence ; and 10, with debts amounting to 359,000 dol., in the rest of Ripple Island. The number in New York city was 299, with liabilities of 13,218,000 dol. Of the whole number of failures in 1859, 401 were classed as swindling and absconding debtors with obli- gations amounting to 5,650,000 dol. ; and as not dishonest, but who will pay little or nothing, 673, with debts to the extent of 7,932,009. The number likely to pay in full was stated at 130, whose indebtedness amounted to 6,242,000 dol. The number of failures in Canada and the British Provinces for the same year was 350, with debts to the amount of 4,073,000 dollars. The aggregate of the past three years shews a bankrupt debt in the United States and British N. America of the enormous sum of 468,255,571 dol., of which amount 262,908,508 dol. will prove an absolute loss to the creditors. This is irrespective of the immense losses by railroad and other public corporate compa- nies. In 1857 the failures in the city of New York were about eighteen and a half per cent, and in 1859 rising seven per cent, thus proving that the effects of the crisis were more immediately felt in the cities of the Union, for the per cent- age of 21 cities shews about the same ratio. The failures of the two years 1858 and 1859, were mostly confined to the country. The number appears large, but the amount involved was comparatively small. BANKRUPTCY. — Some most sweeping changes have been made in the law of Bankruptcy of late years by the Bankruptcy Law Consolidation Act of 1849, and more especially in 1861. Formerly the simple object of distributing the estate of an insolvent amongst his creditors and the releasing the debtor from his liabilities was sought by a threefold division of jurisdiction under Bankruptcy, Protection and Insolvency. But the Act of the Lord Chancellor " to amend the Law relating to Bank- ruptcy and Insolvency in England," 24 & 25 Vict. c. 134, completely changed the practice, and by abolishing the distinction between traders and non-traders, founded at the same time a uniform scheme for administering then- property under courts acting upon the same principles. Every simply unfortunate debtor has now a ready means of escaping from protracted imprisonment, and of being relieved from his liabilities. Until this act, (observes Mr. Holdsworth in his popular digest), " our law had always made a marked distinction between its dealing with traders and with non-traders, who were unable to pay their debts. The former were styled bankrupts, and the latter insolvents. The administration of their estates was committed to two distinct sets of courts, and was ordained upon very different principles. One of the leading features of the act, is the abolition of this BAN 8* BAN distinction between insolvents and bankrupts. Both traders and non-traders, who foil to meet their engagements will in future become bankrupts ; and both will in general obtain as bankrupts an advantage which was previously confined to the former class, a final release from their liabilities. It is true that the acts which constitute bankruptcy on the part of a trader do not always have the same effect in regard to a non-trader ; but when once bankruptcy is established, both classes are now dealt with on the same principles and by the same courts. By the 19th and 20th section of the act, it was provided that the jurisdiction of the insolvent debtors' court, and of the county co;rts in insolvency matters, should cease and determine, except so far as relates to the completion and winding-up of business pending in these courts when the act came into operation on October 11, 1861. The powers of the Court of Bankruptcy are now defined by the 12th clause of " The Bankruptcy Consolidation Act, 1849," (12 & 13 Vict. c. 106), and the 1st clause of " The Bankruptcy Act, 1861," 24 & 25 Vict. c. 134. Under the first of these the court, in the exercise of its primary jurisdiction, has superintendence and control in all matters of bankruptcy, and hears, determines, and makes orders in any matter of bankruptcy whatever, so far as the assignees are concerned, relating to the disposition of the estate and effects of the bankrupt, or of any estate or effects taken under the bankruptcy and claimed by the assignees for the benefit of the creditors, or relating to any acts done or sought to be done by the assignees in their character of assignees, by virtue or under colour of the bankruptcy ; and also in any matter of bankruptcy whatever, as between the assignees and any creditors or other person appearing and submitting to the jurisdiction of the court, and also in any application for an order of discharge, and in any other matter, whether a bankruptcy or not, where the court has jurisdiction over the subject of the petition on application, but subject to an appeal. While the latter section provides that the existing court of bankruptcy shall have and exercise, for the purposes of that act, all the powers and authorities of the superior courts of law and equity, and all the jurisdiction powers and authorities now possessed by the court for the relief of insolvent debtors in England. At present this court consists of the London and Country Commissioners. Within the London district this court has the sole and entire jurisdiction in all bankruptcy business. The remainder of the country is divided into seven districts, those of Manchester, Leeds, Devonport, Birmingham, Bristol, Exeter, and Neweastle-on-Tyne. In each of these there is a court of bankruptcy, presided over by a Commis- sioner with the same powers as are possessed by the London Commissioners. The act however contemplates the ultimate abolition of the Country district courts, for it confers upon the Crown power, if upon any vacancy in the office of commissioner of any country district, there shall no longer be a commissioner for such district, to transfer all the jurisdiction, powers and authorities held by the commissioner of such district, to the judges of the county courts, or any of them exercising jurisdiction within such district or any part thereof, (sec. 4). Moreover, with a -view to the eventual transfer of the whole country bankruptcy jurisdiction to the county courts, power is given to Her Majesty in Council to create additional county court districts in the country, if it shall be found expedient to invest the judges thereof with jurisdiction in bankruptcy, and to make such new arrangements of the districts of the bankruptcy and county courts respectively as may be found desirable in order to assign a convenient district or districts to such new court or courts. The county courts have indeed an exclusive jurisdiction in bankruptcy conferred upon them immediately, in one class of cases, for the 94th section provides, that when a debtor not resident in the metropolitan district (that is 20 miles distant from the General Post Office), petitions for an adjudication of bankruptcy against himself, and knows or verily believes that the debts justly due and proveable under his bankruptcy, amount in the whole to a sum not exceeding ,£300, he shall file his petition in BAN 8a BAN the county court for the district in winch he shall have resided for the six months next before the filing of his petition, or for the longest period during those six months, unless he is in custody, and then in the county court of the district in which he is in custody. Moreover, at the first meeting of creditors, after the adjudication of bank- ruptcy, the majority in number and value of the creditors present at such meeting or at any adjournment thereof, may determine that the proceedings in the bankruptcy shall be transferred to, and henceforth prosecuted in, the county court of any district other than the metropolitan district, and the court shall order the same accordingly, upon being satisfied that such resolution was duly made (sec. 109). The London and district bankruptcy court sits daily for the dispatch of business, holidays excepted. The place and the time for the sittings of county courts are regulated by general orders. From the decisions of the bankruptcy commissioners, and of the county court judges acting in bankruptcy, an appeal lies to the Court of Appeal in Chancery, which must be presented within thirty days. The fees payable in the matter of bankruptcy are to be taken exclusively by means of stamps. Their amount is from time to time fixed by general orders issued by or with the sanction of the Lord Chancellor. By section 51, the commissioners are empowered to sit at chambers for the dispatch of such part of the business of their courts as can, without detriment to the public advantage arising from the discussion of questions in open court, be heard in chambers. The transaction of the unopposed and purely adminis- trative business of the court is still further facilitated by clause 52, which empowers the registrars to make adjudication of bankruptcy, to receive the surrender of any bankrupt, to grant protection, to pass the last examination of any bankrupt in cases where the assignees and creditors do not oppose, to hold and preside at meetings of creditors, to audit and pass accounts of assignees, and to sit in chambers and dispatch there such part of the administrative business of the court and such uncontested matters as shall be defined in general orders, or as the commissioners in any particular matter shall direct. But the registrar may not commit any one or hear a disputed adjudication, or any question of the allowance or suspension of an order of discharge. The registrar may sojourn any matter coming before him for the consideration of the commissioners. And (sec. 53) any party during the proceedings before the registrar may take the opinion of the commissioner upon any point or matter arising in the course of such proceedings, or upon the result of such proceedings. The registrars of the court may, during vacation, or the illness or absence, from any reasonable cause, of any commissioner, act as his deputy. All persons having the legal capacity of entering into binding contracts are liable to be adjudged bankrupts. Aliens and denizens, as well as natural born subjects, may incur this liability. A wife, being a sole trader in the city of London under the customs thereof, the wife of a convict sentenced to transport- ation, and peers, or members of parliament may become bankrupts. But by clause 69, it is expressly enacted, that no debtor who is not a trader, shall be adjudged bankrupt, except in respect of some one of. the acts of bank- ruptcy hereinafter desci-ibed as applicable to a non-trader. The law on this point is still contained in the 69th section of " The Bankruptcy Consolidation Act, 1849," which enacts that " all alum makers, apothecaries, auctioneers, bankers, bleachers, brokers of all kinds, brickmakers, builders, calenderers, carpenters, carriers, cattle oi sheep-salesmen, coach proprietors, cowkecpers, dyers, fullers, keepers of inns, taverns, hotels or coffee-houses, lime-burners, livery-stable keepers, market-gardeners, millers, packers, printers, shipowners, shipwrights, victuallers, warehousemen, wharfingers, persons using the trade or profession of a scrivener, receiving other men's moneys or estates into their trust or custody, persons insuring their shops or their freight or other matters against the perils of the sea, and all persons using the trade of merchandise by way of BAN 86 BAN bargaining, exchange, bartering, commission, consignment, or otherwise, in gross or retail, and all persons who either for themselves, or as agents or factors for others, seek their living by buying and selling, or buying and letting for hire, or by the workmanship of goods or commodities, shall be deemed traders." The acts of bankruptcy in a trader may be either of the following : — If he shall depart this realm, that is to postpone the payment of his debts ; or being out of the realm, shall remain abroad with the intent to defraud or delay his creditors ; or shall depart from his dwelling-house with the same object ; or otherwise absent himself, or begin to keep house, or suffer himself to be arrested or taken in execution for any debt not due, or yield himself to prison, or suffer himself to be outlawed, or procure himself to be arrested or taken in exe- cution, or his goods, money or chattels to be attached, sequestered or taken in execution ; or make, or cause to be made, either within this realm or elsewhere, any fraudulent grant or conveyance of any of his lands, tenements, goods or chattels, or make any fraudulent gift, delivery, or transfer of same. Making any arrangement for paying or securing the debt of a petitioning creditor, and not paying, securing or compounding a debt on which a trader-debtor summons has issued, under the 78 — 86 clause of the Act 1849 ; lying in prison for 14 days under arrest ; escaping from custody when arrested ; filing a declaration that he is unable to meet his engagements. Another act of bankruptcy peculiar to a trader arises under the 73rd section of " The Bankruptcy Act, 1861," which provides that — " If any execution shall be levied by seizure and sale of any of the goods or chattels of any trader debtor upon any judgment recovered in any action personal for the recovery of any debt, or money demand, exceeding fifty pounds, every such debtor shall be deemed to have committed an act of bankruptcy from the date of the seizure of such goods and chattels : Pro- vided always, that unless in the meantime a petition for adjudication of bankruptcy against the debtor be presented, the sheriff or other officer making the levy shall proceed with the execu- tion, and shall, at the end of seven days after the sale, pay over the proceeds, or so much as ought to be paid to the execution creditor, who shall be entitled thereto, notwithstanding such act of bankruptcy, unless the debtor be adjudged a bankrupt within fourteen days from the date of the sale, in which case the money so received by the creditor shall be paid by him to the assignee under the bankruptcy, but the sheriff or other officer shall not incur any liability by reason of anything done by him as aforesaid : Provided also, that in case of bankruptcy the costs and expenses of such action and execution shall be retained and paid out of the proceeds of the sale, and the balance only after such payment be paid to the assignees." The acts of bankruptcy committed by a non-trader are defined by the 70th section of the Act of 1861 as follows: — "If any person not being a trader shall with intent to defeat or delay his creditors, (1) depart this realm, or (2) being out of this realm, shall with such intent remain abroad, or shall (3) with such intent make any fraudulent conveyance, gift, delivery or transfer of his real or personal estate, or any part thereof respectively, such person shall be deemed to have thereby committed an act of bankruptcy: Provided always that before any adjudication in bankruptcy Bhall be made against the debtor under this section, the following rules shall be observed : — " 1. A copy of the petition for adjudication shall be served personally on the debtor either within the jurisdiction, or in such place or country, or within such limits abroad, as the Court shall upon application for the purpose, direct. '• 2. Such copy-petition shall have endorsed thereon a memorandum, in a form to be settled by a general order, specifying the time within which the debtor is to appear on such petition; and such time shall, when the service is to be made abroad, be the time which the court shall think reasonable, having regard to the place or country where the service is to be made. li 3. In no case shall the time for appearance be less than thirty days after service. " 4. If such personal service has not been effected, the court must be satisfied that every reasonable effort was made to effect the same, and that the attempt to serve such petition came to the knowledge of the debtor, and was defeated by his conduct li 5. If at the expiration of the time limited for appearance the court shall on the hearing of such petition be satisfied that an act of bankruptcy has been committed within the meaning of this section, it may adjudge such debtor to be a bankrupt" The 71st section enumerates two distinct acts of bankruptcy common to both traders and non-traders : first, that of lying in prison ; and second, that of escaping out of prison. In the latter case the person is deemed to have been a bankrupt from the time of his arrest ; in the former case, only after the expira- BAN So BAN tion of fourteen days, or if a non-trader, two months. We give the section entire: — " If any debtor, whether a trader or not, having been arrested or committed to prison for debt, or on an attachment for non-payment of money, shall (1) upon such or any other arrest or commitment for debt or non-payment of money, or upon any detention for debt, lie in prison, being a trader, for fourteen days, or not being a trader, for two calendar months, or having been arrested for any cause, shall lie in prison as aforesaid after any detainer for debt lodged against him and not discharged, every such debtor shall thereby be deemed to have committed an act of bankruptcy ; or (2) if any such debtor having been arrested, committed or detained for debt, shall escape out of prison or custody, every such debtor shall be deemed to have thereby committed an act of bankruptcy from the time of such arrest, commitment or detention. But no debtor shall be adjudged bankrupt on the ground of having lain in prison as aforesaid, unless having been summoned he shall not offer such security for the debt or debts in respect of which he is imprisoned or detained, as the commissioner or registrar whose duty it would otherwise be to adjudicate shall deem reasonably sufficient" The three requisites to make a mere bankrupt as a trader when done by a creditor are — 1. Proof of trading; 2. Proof of an act of bankruptcy committed; 3. Proof of a sufficient petitioning creditor's debt. By section 89, " the amount of the debt of any creditor petitioning for adjudication of bankruptcy against a debtor, whethei a trader or not, shall be as follows— that is to say:— "The debt of a single creditor, or of two or more persons being partners, shall amount to £50 or upwards.— The debt of two creditors shall amount to £70 or upwards.— The debt of three or more creditors shall amount to £100 or upwards." The petitioning creditor's debt must not be merely an equitable debt, though such a debt may be proved under a bankruptcy. It must not be founded on an illegal consideration, nor be one based by the Statute of Limitations. With a view to enquiry, the court has power to summon before it any person whom it shall believe capable of giving information — including the bankrupt, his wife, family, or servants — and to require him or her to produce any books or documents, and to examine him or her upon oath touching the trading and act of bankruptcy. The court having been satisfied on the points we have mentioned, will adjudge the debtor bankrupt, and will forthwith appoint an official assignee. Sec. 100, 101. But itt. order to give the debtor an opportunity of disputing the adjudication, if he pleases, it is provided tsec. 104), that before notice of any adjudication of bankruptcy is given in the London Gazette, and at or before the time of putting in execution any warrant of seizure granted upon such adjudication, a duplicate adjudication shall be served on the person adjudged bankrupt, either personally or by leaving the same at the usual or last known place of business of such per- son, who is to be allowed seven days from service, or such extended time not exceeding fourteen days in the whole, as the court thinks fit, to show cause to the court against the validity of such adjudication. If the debtor, within such time, shows to the satisfaction of the court that the petitioning creditor's debt, trading, and act of bankruptcy upon which the adjudication is grounded, or either of such matters [i.e. of course as to the trading, where it is necessary to prove trading on the part of a debtor], are insufficient to support the adjudica- tion ; and no other creditors, debt, trading, and act of bankruptcy sufficient to support such adjudication (or such of the last-mentioned matters as are requisite to support such adjudication in lieu of the petitioning creditor's debt, trading, and act of bankruptcy, which have been deemed insufficient), are proved to the satisfaction of the court, the court thereupon is to order the adjudication to be annulled. If, however, cause for annulling the adjudication be not so shown to the satis- faction of the court, the court will forthwith cause notice of the adjudication to be inserted in the London Gazette, and will thereby appoint two public sittings of the court for the bankrupt to surrender and conform, the last of which shall be on a day not less than thirty days, and not exceeding sixty days from such advertisement, which is to be the day limited for surrender. But the court may, BAN 8d BAN from time to time, enlarge the time for the bankrupt surrendering himself, so as every such order be made six days at least before the day on which such bank- rupt was to surrender himself. And the same clause also enacts that if any person adjudged bankrupt shall, before the expiration of the time allowed for showing cause, surrender himself and give his written consent to the adjudication being advertised, the court may forthwith cause the notice of adjudication to be advertised, and may appoint the sittings for the bankrupt to surrender and conform. Every debtor petitioning against himself must file a statement (verified by oath) of his debts and liabilities, of the names and residences of his creditors, and of the causes of his failure, within such time, after filing his petition, and in such form as the general orders may direct. Sec. 93. When a debtor petitions for adjudication against himself, and knows or believes that the debts, proveable under his bankruptcy, will not exceed £300, he must state this fact on oath. If he be resident in the metropolitan district, his petition, in any case, must be filed in the London Court of Bankruptcy. But if he be resident out of the metropolitan district, and his debts do not exceed £300, he is then to file his petition in the county court for the district in which he has resided for the six months next before the filing of his petition, or for the longest period during those six months, unless he is in custody, and then in the county court for the district in which he is in custody; but such court, if it make adju- dication, is to transfer the proceedings to the county court in which the debtor, if not in custody, would have been required to petition. Sec. 94. The Act of 1861 not only places it in the power of any prisoner to obtain his release by petitioning for an adjudication of bankruptcy, but also contains pro- visions compelling every prisoner to become bankrupt, and thus to accept his release on the condition of surrendering his property to his creditors. Prisoners may petition in forma pauperis, on affidavit that they have not the means of paying the expenses of an adjudication. The 100th section directs that the gaoler of every prison in England and Wales, within which any person is confined for debt, shall on the first day of every month make a return of the name of every such person, the date of his imprisonment, the nature and amount of the debt for which he is imprisoned, and whether he is willing, or refuses to petition the Court of Bankruptcy, or is unable to do so by reason of poverty. This return is also to include the name and addresses of every creditor at whose suit such prisoner is detained, and is to be made by gaolers of prisons, situated within the London district, to the Lon- don court, and by the gaolers of prisons within the country districts to the dis- trict Court of Bankruptcy, or the county court having jurisdiction in bankruptcy, within the jurisdiction of which the gaol is situate, as the case maybe. The bankruptcy commissioner, or county-court judge, on receiving this return, is to direct his registrar to attend at the gaol on a day, at least seven, and not more than twenty-one, days from the date of the return. Notice of the day on which the registrar will attend is to be forthwith given to the gaoler, and also to the execution and detaining creditors of every person included in such return. On the day named the registrar will attend at the prison and examine every prisoner included in such return who shall have been in prison, being a trader for fourteen days, or not being a trader for two calendar months, touching his estate and effects, dealings and transactions. He is also to ascertain the last place of abode and business of each prisoner within the last six months next prior to his imprisonment. Having done this, the registrar has power to make an order of adjudication in bankruptcy against every such prisoner, and to grant him protection, and to make an order for his release from prison, and to direct in what court the adjudication shall be prosecuted, having regard to the amount of debts and the place of K^de or residence of the prisoner within the six months next preceding the imprisonment. Sec. 101. If any prisoner rb/usc to appear to be sworn, or to answer all lawful questions BAN 8e BAN of the registrar, or of any creditor present, respecting his debts, liabilities, deal- ings, and transactions, or to make a full discovery of his estate and effects, and of all his books and accounts, or to produce the same, or to sign his examination when taken, the registrar is to report the same to the court, and the court may, by warrant, under the hand and seal of the judge or commissioner, commit the prisoner to the common gaol of the county, there to be kept with or without hard labour for any time not exceeding one month, and the court may at the same time adjudge the prisoner a bankrupt. By section 105, forthwith after insertion of adjudication in the Gazette, or if he surrenders himself before the expiration of the time for showing cause, forth- with on such surrender, the bankrupt, if required by the official assignee, must deliver upon oath all documents in his own power relating to his estate, and dis- cover those in the power of any other person; and if he be not in prison, he must, on notice after his surrender, attend his assignees, and assist in making out the accounts. He may inspect his books, &c, for the purpose of finishing his examination in their presence, or that of some person appointed by them, and bring two persons to assist him; and if after he has obtained his " order of discharge" he attend his assignees, which he is compellable to do, he is to be allowed five shillings a day. When the bankrupt has surrendered, the court may from time to time make such allowance to him out of his estate as shall be necessary for the support of himself and his family, until he has passed his last examination. But no such allowance is to be made by the court for any period after the adjournment of the last examination sine die. Previously to the passing of this Act three classes of certificates were granted to bankrupts, in accordance with what were supposed to be their merits, but the duties of the court are now confined to granting, suspending, or refusing a cer- tificate of discharge. The 159th clause, which regulates this matter, lays down the following rules: — I. If on the hearing of any application for an order of discharge the assignees or any creditor shall allege, and if with or without such allegation, the court shall be of opinion that there is ground for charging the bankrupt with acts or conduct amounting to a misdemeanor under this act, the court shall, if the bankrupt consent thereto, direct a clear statement in writing of the charge to be delivered to the bankrupt, and shall appoint a day for trying the bankrupt on such charge, and, if the bankrupt require it, shall summon a jury for such purpose, and may direct the creditors' assignee, or the official assignee, or any of the creditors of the bankrupt, to act as prosecutor on such trial : Provided always, that in every case of accusation against a bankrupt of acts amounting to a misdemeanor, it shall be competent to the court to direct that the bankrupt be indicted and prosecuted in one of the ordinary courts of criminal justice; and in all other cases the order of discharge shall take effect immediately from its date, subject to the appeal herein provided. II. If on such trial by a jury or by the commissioner alone the bankrupt shall be convicted of any offence by this act made a misdemeanor, the commissioner shall, in addition to the punishment awarded for the offence, have power to direct that the order of discharge be either wholly refused or suspended during such time and upon such conditions as he shall think fit. III. If the bankrupt shall not be accused of acts amounting to misdemeanor, or if he shall have been accused and acquitted, but in either case there shall be made, or shall appear to the court to exist, objection to the granting of an immediate discharge, the court shall proceed to consider the conduct of the bankrupt before and after adjudication, and the manner and cir- cumstances in and under which his debts have been contracted ; and if the court shall be of opinion — 1. That the bankrupt has carried on trade by means of fictitious capital, or— 2. That he could not have had at the time when any of his debts were contracted, any reasonable or probable ground of expectation of being able to pay the same, or— 3. That, if a trader, he has, with intent to conceal the true state of his affairs, wilfully omitted to keep proper books of account, or — 4. Whether trader or not, that his insolvency is attributable to rash and hazardous specula- tion, or unjustifiable extravagance in living, or— 5. That he has put any of his creditors to unnecessary expense by frivolous or vexatious de- fence to any action or suit to recover any debt or money due from him, the Court may either refuse an order of discharge, or may suspend the same from taking effect for such time as the court may think fit, or may grant an order of discharge, subject to any condition or conditions touching any salary, pay, emoluments, profits, wages, earnings or income which may afterwards become due to the bankrupt, and touching after-acquired pro- BAN 8/ BAN perty of the bankrupt, or may sentence the bankrupt to be imprisoned for any period of time, not exceeding one year from the date of such sentence. Then the clause concludes with this important provision : — " Provided always, that no person shall be liable by virtue of this act to any criminal proceedings or penalty in respect of any matter which may have occurred before the passing of this act, to which he would not have been liable if this act had not passed." Persons, whose certificates have been refused before the passing of this act, may, after the expiration of three years from such refusal, apply to the court for an order of discharge, and the court may grant it either absolutely or subject to any condition or conditions, in the same manner as if the bankruptcy of such applicant had taken place after the commencement of this act. Sec. 160. Among the criminal offences under the act are the committing of forgery, the insertion of false advertisements under the bankruptcy acts in any news- paper, the forging the signature of any officer or the seal of the court. By the 221st section it is enacted, that any bankrupt who shall do any of the acts or things following with intent to defraud or defeat the rights of his creditors, shall be guilty of a misdemeanor, and shall be liable at the discretion of the court before which he shall be convicted to punishment by imprisonment for not more than three years, or to any greater punishment attached to the offence by any existing statute. 1. If he shall not upon the day limited for his surrender, and before three of the clock of such day, or at the hour and upon the day allowed him for finishing his examination, after notice in writing served upon him personally, or left at his usual or last known place of abode or business, and after notice in the London Gazette, surrender himself to the court (having no lawful impediment allowed by the court), and sign or subscribe such surrender, and submit to be examined before such court from time to time : 2. If he shall not upon his examination fully and truly discover, to the best of his know- ledge and belief, all his property, and how and to whom, and for what consideration, and when he disposed of any part thereof, except such part as has been really and bond fide before sold or disposed of in the way of his trade or business, if any, or laid out in the ordinary expense of his family, or shall not deliver up to the court, or dispose as the court directs of all such part thereof as is in his possession, custody or power, except the necessary wearing apparel of him- self, his wife and children ; and deliver up to the court all books, papers and writings in his possession, custody or power, relating to his property or affairs : 3. If he shall, after adjudication, or within sixty days prior to adjudication, with intent to defraud his creditors, remove, conceal or embezzle any part of his property to the value of ten pounds or upwards : 4. If any person having to his knowledge or belief proved a false debt under his bank- ruptcy, he shall fail to disclose the same to his assignees within one month after coming to the knowledge or belief thereof : 5. If he shall, with intent to defraud, wilfully and fraudulently omit from his schedule any effects or property whatsoever : 6. If he shall, after the filing of the petition for adjudication, with intent to conceal the state of his affairs, or to defeat the object of the law of bankruptcy, conceal, prevent or with- hold the production of any book, deed, paper or writing relating to his property, dealings or affairs : 7. If he shall, after the filing of the petition for adjudication, or within three months next before adjudication, with intent to conceal the state of his affairs, or to defeat the objects of the law of bankruptcy, part with, conceal, destroy, alter, mutilate or falsify, or cause to be con- cealed, destroyed, altered, mutilated and falsified, any book, paper, writing, or security or document relating to his property, trade, dealings or affairs, or make or be privy to the making of any false or fraudulent entry or statement in or omission from any book, paper, document or writing relating thereto: a If, within the like time {i.e. three months before adjudication), he shall, knowing at the time that he is unable to meet his engagements, fraudulently and with intent to diminish the sum to be divided amongst the general body of his creditors, have made away with, mort- gaged, encumbered or charged any part of his property, of what kind soever, or if after adjudi- cation he shall conceal from the court or his assignee any debt due to or from him. (The above offences, it will be seen, may be committed both by traders and non-traders; those which follow are peculiar to traders: — ) 9. If, being a trader, he shall, under his bankruptcy, or at any meeting of his creditors within three months next preceding the filing of the petition for adjudication, have attempted to account for any of his property by fictitious losses or expenses: 10. If, being a trader, he shall, within three months next before the filing of the petition for adjudication, under the false colour and pretence of carrying on business and dealing in the ordinary course of trade, have obtained on credit from any person any goods or chattels with intent to defraud : BAN 8? BAN 11. If, being a trader, he shall, with intent to defraud his creditors, within three months next before the filing of the petition for adj udication, pawn, pledge, or dispose of, otherwise than by bond fide transactions in the ordinary way of his trade, any of his goods or chattels which have been obtained on credit and remain unpaid for. If it appear to any court under this act that the bankrupt have been guilty of any of these offences, such court may exercise such power for the summoning, apprehending, committing, remanding, bailing and otherwise proceeding in respect of such bankrupt, as are exercised by justices of the peace in respect of persons charged before them with any felony or misdemeanor. Sec. 222. The court may direct the creditors' assignee, or, if there be none, the official assignee, or any of the creditors of the bankrupt, to act as the prosecutor, and give him a certificate of the court having so directed, and upon the production of this certificate, the costs of the prosecution are to be allowed by the court before which any person is tried, in all respects as the expenses of prosecutions for felonies are now paid and borne. Sec. 223. The court may direct the assignees to lay the papers before the Attorney- General (or the Solicitor-General during a vacancy in the office of Attorney- General) for his direction thereon, either while the bankruptcy is pending before the court, or when it has been brought to a conclusion. Sec. 224. As to the mode of trial we have already seen that by the 159th section of the same act, if, on the hearing of the application for the order of discharge of any bankrupt, the assignee or any creditor shall, or without such allegation, the court itself, shall be of opinion that there is ground for charging the bankrupt with one of the above misdemeanors, the court may either: — First. With the consent of the bankrupt, direct a clear statement, in writing, of the charge to be delivered to the bankrupt, and appoint a day for trying him, summoning a jury for that purpose if the bankrupt require it; or Secondly. Without the consent of the bankrupt, the court may direct him to be indicted before one of the ordinary criminal courts. By the 226th clause the court has power to commit to prison persons wilfully disobeying its rules and orders. We have given as full an abstract of the most important sections of this elaborate act as appeared essential. Many of the clauses and points in a summary of this kind it is quite impossible even to allude to. But there have been several admirable cheap digests made of it, among which we may enumerate, The Bankruptcy Manual, by Mr. C. E. Lewis, 2s 6d, and the Law of Bankruptcy, by Mr. W. A. Holdsworth, Is. The most complete work on the subject is Leonard Shelford's Law of Bankruptcy aud Insolvency. London, Maxwell, 1862. 12mo. 1238 pp. Price £2. BANKS. — To Sections I. and II. of the article in the body of this work, the Historical Notice, and the Objects and Principles of Banking, nothing need be added, but the other divisions of the subject may be traced down to the present period in the same order of description, namely — III. The Bank of England.— The tables which have been brought down in continuation of the text in the body of the work speak for themselves as to the operations of the Bank of England, but a few observations may be made thereon: — Discount of Mercantile Bills. — The Bank objects to publish any details as to its discount operations unless such returns are specially called for by the Govern- ment. In 1855, the total amount of commercial paper discounted by the Bank was £22,136,590; in 1856, £30,924,699; in 1857, £49,146,679. The last named year was an exceptional one, but the average monthly amount of bills under dis- count by the Bank would seem to be about £3,000,000. The private banks and discount brokers, however, take the largest share, for besides Messrs. Gurney's and other large discount brokers, there are now three discount companies in London—the London, the National, and Mercantile Dis- count Companies. The discount brokers complain of the want of accommoda- tion afforded them by the Bank of England, which, while it deals with private BAN BAN individuals, refuses to discount for them, and a curious effort at coercion or in- convenience was made by one large discount house in April, 1860, which with- drew bank notes from the Bank of England to the amount of more than one million and a half sterling. Deposits oy Private Parties. — These may be considered to average now about 14 millions. On February 7, 1846, the private deposits were £18,400,000. The highest amount for some years was then £14,620,000 in July, 1852. In 1859 the private deposits reached £16,836,238 in June. The Joint-stock Banks and pri- vate bankers, however, monopolise a large share of the deposits of the pnblic; the former from paying interest thereon, and the latter from the facilities afforded to depositors. Branch Banks. — Besides a west-end branch, the Bank of England has now ten provincial branch Banks. The following alterations have been made since the statement at page 53. The branches at Gloucester, Norwich, and Swansea have been closed, and a branch bank opened at Leicester. The Profits of the Bank have been pretty steady, and of late years show an increase. In 1852 the dividend on Bank stock rose to 7£ per cent; in 1853, to 8 per cent; in 1854, to 9 per cent, and in subsequent years it has been 9£ and 10 per cent. The rest has always been kept above £3,000,000, and in several years of late has averaged three millions and a half. Circulation. — The Circulation of the Bank it will be seen now averages about £21,000,000 in notes held by the public, besides about eight or nine millions held by the Bank. In December, 1859, the note issue stood at £30,743,815, of which £21,150,405 were in the hands of the public, and £9,593,410 held by the Bank. Accounts. — The appended tables bring down the accounts of the Bank to the latest period. Liabilities^ Assets. Circulation. Deposits. Securities. Bullion. 1841— January 5 16,112,000 7,049,000 22,362,000 8,557,000 March- 30 16,537,000- 7,212,000 22,328,000 4,339,000 July 20 16,821,000- 7,746,000 22,275,000 5,170,000 October 12 17,592,000- 7,529,000 23,428,000 4,713,000 1842— January 4 16,632,000- 7,948,000 22,680,000 4,779,000 Marcl>29 16,952,000 8,657,000 22,586,000 - 6,125,009 July 16 18,279,000- 8,565,000 21,713,000 7,818,000 December 30 19,230,000- 9,063,000 20,560,000 10,330,000 1843-Marcb25 20,093,000 12,033,000 23,830,000 11,054,000 June 17 19,521,000- 10,495,000 21,604,000 11,427,000 September 9 19,496,000- 11,727,000 22,394,000 12,018,000 December 30 19,098,000- 11,751,000 21,067,000 12,855,000 1844— March 23 21,122,000- 13,972,000 22,479,000 15,784,000 June 15 21,237,000- 13,483,000 21,916,000 15,900,000 September 7 21,200,000 12,275,000 21,800,000 15,209,000 December 28 20,100,000 15,600,000 24,000,000 14,800,000 By the last Bank Charter Act (7 & 8 Vict. c. 32) which came into operation on the 1st Sept. 1844, it was enacted that the issue of promissory notes of the bank should be kept distinct from the general banking business of the Company, and be carried on separately as " the Issue Department of tlie Bank of Eng- land? From the same date the Company are to appropriate securities to the value of fourteen million pounds to the Issue Department, of which the public debt of the Government to the Company is to be deemed a part, and so much gold coin and gold and silver bullion as shall not be required by the banking department ; thereupon an equal amount of bank notes (including those in cir- culation) shall be transferred from the issue department to the banking depart- ment, and the whole amount shall be deemed to be issues on the credit of such securities, coin, and bullion. § 3 declares, that the amount of silver bullion retained by the issue depart- ment shall not at any one time exceed a fourth part of the gold coin and bullion c BAN 10 BAN held at the same time. All persons may demand from the issue department notes for gold bullion at the rate of £3. 17s 9d per oz. of standard gold. The accounts of the Bank were previously published, but less frequently and in another and shorter form. The accounts in the form directed by the new Act are, partly from their increased detail, and partly from their appearing in two separate shapes, somewhat less generally intelligible than in the old form. From the number of columns (about 16) that would be requisite to carry down the returns for sixteen years, and the immense mass of figures, it seems scarcely desirable to continue the quarterly returns down to the present time in their new form. I may therefore give a brief summary of the averages at the close of each year: — Liabilities. Assets. Circulation. Deposits. Securities. Bullion. Rest. 1845-6 2!, 000, 000 17,000,000 26,500,000 15,000,000 3,500,000 1847 19,000,000 14,000,000 26,800,000 10,000.000 3,800,000 1848-51 20,000,000 17,000,000 25,200,000 15 000,000 3,200,000 1852-53 23,000,000 18,500,000 25,000,000 20,000,000 8,500,000 1854-55 21,000,000 16,000,000 26,500,000 14,000,000 3,500.000 1856 21,000,000 15,000,000 28,400,000 11,000 000 3,300,000 1857 21,100,000 20,500,000 38,600,000 7,000,000 3,400.000 1858 21,435,000 20,490,000 26,098,000 18,985,000 3,115,000 1859 20,830,000 22,870,000 30,830,000 16,130,000 3,160,000 IV. London Bankers. — There are now 56 private banking firms in London, with 200 partners as follows: London Private Banking Firms in January, 1860. Name of Finn. Barclay, Bevan, Tritton, and Co. Barnett, Hoares, and Co. - Bennett, W. Biddulph, Cocks, Biddulph, and Co. Biggerstaffs > Bosanquet, Franks, Whatman, and Harman - Brown, Janson, and Co. - Brown, John, and Co. - Call, Marten, and Co. - Challis and Son - Child and Co. - Coutts and Co. - Cunliffe, Son, and Co. - Cunliffe, Roger, Son, and Co. Curries and Co - Davies, Robert, and Co. - Dimsdale, Drewett, Fowler, and Barnard Drummond, Messrs. - Feltham, John, and Co. - Fuller, Banbury, and Co. - Glyn and Co. - Goslings and Sharpe - Hallett, Maude, and Hallet Hanburys and Lloyds ... Hankeys and Co. - Herries, Farquhar, and Co. Heywood, Kennards, and Co. Hill and Sons .... Hoares, Messrs. - - - - Holyland, E. and Son - Hopkinson and Co. ... Johnston, Hugh and John, and Co. Jones, Loyd, and Co. - Lacy and Son - Lubbock, Sir J. W. and Co. Marryatt and Co. ... M artins and Co. - Masterman, Peters, Mildred, Masterman, and Co. Olding, Sharpe, and Co. - Praeds and Co. - Prescott, Grote, Cave, and Co. Place of Business. 54, Lombard-street Lombard-street Metropolitan Cattle-market 43, Charing-cross - 63, West Smithfield 73, Lombard-street 32, Abchurch-lane - 25, Abchurch-lane 25, Old Bond-street 37, West Smithfield I, Fleet-street 58 and 59, Strand 24, Lombard-street 24, Bucklersbury - 29, Cornhill 187, Shoreditch - 50, Cornhill 49, Charing-cross 42, Lombard-street 77, Lombard-street 67, Lombard-street 19, Fleet-street 14, Gt. George-st. Westmin. 60, Lombard-street 7, Fenchurch-street 16, St. James's-st Westmin. 4, Lombard-street 17, West Smithfield 37, Fleet-street - 113, Leadenhall-street 3, Regent-street, St. James's 28, Cannon-street 43, Lothbury 60, Smithfield II, Mansionhouse-street 3, King William-street 68, Lombard-street 35, Nicholas-lane, Lomb.-st. 29, Clement's-lane 189, Fleet-street - 62, Threadneedle-Btreet Number of Partners. - 4 BAN 11 BAN Name of Firm. Puget, Bainbridges, and Co. - • Ransom, Bouverie, and Co. Robarts, Curtis, and Co. - Samuel and Montagu • Seale, Low, and Co. - Scott, Sir Samuel, Bart, and Co. Shank, John - Smith, Payne, and Smith Spielman and Co. - Spooner, Attwoods, and Co. Stevenson, Salt, and Sons Stride, J. and W. S. Twining, R. and Co. - "Williams, Deacon, Labouchere, Thornton, and Co. Willis, PercivaL and Co. - 56 Finns. Place of Business Number of Partners. 12, St. Paul's Churchyard - 4 1, Pall-mall East - - 5 15, Lombard-street - 5 21, Cornhill - - 2 7, Leicester-square - 2 1, Cavendish-square - 2 Metropolitan Cattle-market 1 1, Lombard-street - 6 79, Lombard-street - 1 27, Gracecburch-street - 3 20, Lombard-street - 2 41, West Smithfield - 2 215 and 216, Strand - 2 Birchin-lane - - 6 76, Lombard-street - 4 Total Number of Partners - 200 Several private banks have discontinued business. Thus the failure of Messrs. Strahan, Paul, and Bates, on the 11th June, 1855, was attended with striking disclosures as regarded the conduct of business. For their malpractices the three partners were criminally prosecuted and sentenced, on the 27th Oct. to 14 years' transportation, although some modification of the severity of the sen- tence was subsequently made. Messrs. White, Ludlow, and Co., of the Haymarket, failed a year or two ago, Messrs. Tisdale and Ward have ceased business as bankers. Messrs Sapte. Muspratt, Banbury, and Co., are amalgamated with Fuller and Co Messrs. Dixon, Brooks, and Dixon, of Chancery Lane, are amalgamated with the Union Bank. Messrs. Bouverie and Co. joined the firm of Ransom and Co. Metropolitan Joint-Stock Banks. — Compared with former years, the following are the statistics of the banking business of London : — Jan. 1845. Jan. 1855. Jan. 1860. Firms. Partners. Firms. Partners. Firms. Partners. Private Banks 60 217 59 205 56 199 Joint Stock ditto 5 3103 6 4323 8 not known. The five Joint-stock Banks which were in existence in 1845 were the London and Westminster, the London Joint-Stock, the Union Bank of London, the Commercial Bank, and the London and County Bank. The Royal British Bank was established in 1849, but failed a few years ago. Three new banks were established in 1855 — the City Bank, the Bank of London, and the Unity Bank. The Western Bank of London was established in 1856, and ceased to exist in 1859, the bulk of its business being transferred to the London and County. The financial comparison of the three periods stands as follows: — Paid-up Capital. Surplus Fund. Deposits. Five Banks in January, 1845 £2,0(53,925 188,001 7,984,305 Six Banks in January, 1855 2,772,795 486,217 26.338,586 Eight Banks in January, 1860 3,899,045 738,804 39,855,078 The subjoined Tables have been made up, exhibiting their respective capitals and extent of transactions, as well as the periods at which they were severally opened. The first table shows the capitals and liabilities in the close of 1859. The second table specifies the amount of each guarantee fund, the ratio of capital and guarantee fund liabilities, and the rate of distribution declared ; that of the London and Westminster, which in 1858 was 18 per cent., being 20 for 1859; while that of the London Joint-Stock has been lowered from the exceptional amount of 32 £ to 23 £. The Commercial and Gty Banks, which paid 5 per cent, in 1858, went up respectively to 7 and 6 per cent, in 1859. The third table supplies a statement of the progress of each establishment during the past ten years: — BAN 12 BAN Banks. Year founded. Paid-up Capital. Current and Deposit Accounts. London and Westminster London Joint-stock Union Bank of London - London and County Commercial Bank of London City Bank - Bank of London - Unity 1834 1836 1839 1839 183* 1855- 1855 1855 £ 1,000,000 600,000 720,000 500,000 300,000 300,000 300,000 179,045 3,899,015 £ 11,115,«97 9,556,797 9,318,391 4,975,029 926,314 2,222,976 1,599,140 140,734 39,855,078 Banks. Guarantee Fund. Rate of Divi- dend and Bonus per Annum. Proportion of paid- up Capital and Guarantee Fund to Current and Depos it Accounts. London and Westminster London Joint-stock Union Bank of London - London and County Commercial Bank of London City Bank - Bank of London - Unity £ 190,591 228,340 94,633 105.000 75,000 33,000 12,240 NiL 738,804 Per Cent. 20 23.J 15 12 7 6 5 NiL Per Cent. 10-07 8-66 8-74 1216 40-48 14-84 19-52 77-18 Table exhibiting the quinquennial progress of the London Joint-Stock Banks within the past 10 years, showing the respective amounts of current and deposit accounts, guarantee funds, dividend and bonus per annum, also the ratio of decen- nial increase of current and deposit accounts per cent. : — Tear. Banks. Current and Deposit Accounts. Guaran- tee Fund. Dividend and Bonus per Annum. Ratio of Decen- nial Increase of Current and De- posit Accounts. 1349 1854 1859 1849 1854 1859 1849 1854 1859 1849 1854 1859 1849 1854 1859 ) London and West- I £ minster - - ( > London Joint-stock - I | Union Bank of London \ 5 London and County - \ ) Commercial Bank of ) £ London - - { £ 3,680,523 7,177,244 11,115,697 2,792,507 6,161,154 9,556,797 2,835,617 7,031,477 9,318,391 1,675,494 3,779,945 4,975,029 541,804 1,265,903 926,314 £ 107,844 134,626 200,000 132,723 155,852 229,370 50,000 50,000 94,633 28,383 61,671 105,000 17,418 64,012 75,000 Per Cent. 6 14 18 Bf 25* 18 6 15 15 6 12 11 6 10 7 Per Cent. 1 202-00 I 242-23 I 228-62 I 196 93 > 70-97 The aggregate increase of deposits in the first five years was 120*50 per cent.; in the second period, 41-22 per cent. The ratio of increase in the aggregate for the past 10 years has been 211*40 per cent. The following statement of the dividends and value of the shares of some of the principal London and Colonial Joint Stock Banks made up to January 1859, shows the profitable return of banking business in London, when prudently con- ducted. BAN 13 BAN London and Westmin- ) ster Bank J LondonJointStockBank London . 17 18 IS 13 7 7 2 2 4 4 16 16 4 5 13 12 7 7 3 3 7 7 4 4 2 2 4 3 2 2 4 4 21 20 2 2 6 7 3 3 3 2 9 9 2 2 4 4 2 2 18 14 17 17 7 6 4 4 7 7 1 1 215 209 Qngdom 1,299 1,629 An account showing the amount of notes circulated in England and Wales by Private Banks and Joint-Stock Banks and their branches, at the commencement of each year since 1855. Bank of Private Joint Stock Year. England. Banks. Banks. Total. 27,899,237 1855 £20,852,000 3,943,067 3,104,170 1856 19,920,000 3,911,880 3,080,116 26,912,696 1857 20,007,000 3,729/209 3,051,574 26,787,783 1858 20,295,000 3,099,644 2,473,473 25,868,117 1859 20,484,689 3,343,026 2,904,770 26,692,485 1860 21,831,320 3,594,235 3,071,653 28,497,208 BAN 15 BAN The following is a List of the several Private and Joint-Stock Banks which have ceased to issue their own Notes since the passing of the Bank Act of 1844, with the dates when they ceased to issue, and the causes: — Date of last Return. Prior to f the 12th October, 1844, J •when the^ Act came into ope- ration. April 12, 1845 Sept. 13, , April 11, 1846 July 4, , Oct. 10, , Dec. 5, , May 29, 1847 Oct. 9, , Oct. 16, Oct. 23, Oct Nov. 6, „ Hot 27, „ July 29, 1848 Oct. 7, , Dec. 2, , Dec 23, . Sept. 22, 1849 Oct. 20, , June 24, 1850 1851 Jan. Jan. Feb. May June Oct. July 3, 1852 Aug. 28, „ Jan. 29, 1853 April 23, „ Aug. 6, „ June 3, 1854 Oct. 6, 1855 Nov. 24,1855 Dec. 29, April 5, 1856 July 12, Aug. 9, NAMES. Bristol Old Bank— Baillie Ames & Co. - Bk. of EngL Notes Bishop Waltham, Hants.— Gunner «fc Co. Ditto 3. Cambridge Bank — Fisher and Sons - - Ditto 4. Ditto Humfrey and Son - Closed, 1845 5. Margate Bank— Cobb & Co. - - - Bk. of Engl. Notes 6. Oxford University & City Bank— Sir John Lock and Co. ----- Ditto 7. Staines Bank— Thomas Ashby 2 CAN 36 CAN 1841 1851 1856 575,000 ; 1831, 772,000 ; 1844, 1,199,000 ; 1848, 1,491,000 ; 1851, 1,842,265 ; 1856, 2,500,000. If we compare these returns with those of the States and also of this country, say for the last decennial census, we can form some idea of the relative population progress of Canada In Great Britain the increase amounted to 13-2 per cent. ; in the United States to 35 per cent., while the population of Canada increased 69 per cent., or if we were to take the western province alone we should find an increase of no less than 104 per cent, in the ten years. The value of the imports into Canada were, in £2,694,161 5,358,697 10,896,096 Thus, while the export trade since 1851 shows an increase of, in round numbers, 150 per cent., the imports have fully doubled themselves in the same period. If we take the present productive returns of the cultivated lands as a basis for our calculation, it will be seen that the already occupied land in the colony would support a population of about 10,000,000 inhabitants, and if the present progressive rate of increase is sustained, at the close of the present century we may expect to see Canada occupied by a population something like 20,000,000 in number. Whatever her numbers may be, it is quite certain that for years to come the great strength of the country will lie in the productions of her soil. With these she will pay for our manufactures ; her surplus will supply our wants and our surplus will administer to her necessities and comforts, and the scales of commercial benefit be kept pretty evenly balanced. Canada, and particularly Western Canada, is essentially an agricultural country. Three-fourths of her people are engaged in agriculture, and the other fourth is mainly dependent upon these. The facilities afforded to the agriculturist by the introduction of railways into Canada have added to the value of real estate in the country, an amount almost incredible. In many parts of the pro- vince land has risen from 6 to 40 dollars per acre. The total number of miles of railway in the colony is now over 2000, and the increased value of real estate from this cause alone is estimated at over £30,000,000. There are already in operation the following lines : Montreal and Lachine Montreal and New York - Ontario, Simcoe and Huron Ottawa and Prescott Port Hope and Lindsay- Port Dalhousie and Thorold 8 miles. 62 94 54 42 Buffalo, Brantford and Goderich 160 miles. Cobourg and Peterboro' 28 Champlain and St. Lawrence - 44 Erie and Ontario - 20 Great Western - - - - 357 Grand Trunk - 1092 London and Port Stanley - - 26 Total running . . 1992 miles. In addition there are the following lines now constructing : — Grand Trunk extension, - - 20 miles. Brockville and Ottawa - - 75 Port Dalhousie and Thorold, ex- tension - - - - - 20 Total forming - 115 miles. When these roads are in full running order, their cost will have summed up to nearly £20,000,000. The weekly expense of keeping them running will be £20,000 per week, or £1,040,000 per annum— and the annual interest on the capital invested, £1,200,000. The following is a comparative statement of imports, exhibiting in contrast the value of, and amounts of duties collected on, goods entered for consumption during the years 1853, 1854, 1855, and 1856, respectively: Whence Lmpoeted. Value. Duty. 1853. £ 4,622,280 158,164 869 2,945,536 268,507 1854. 1855. 1856. £, 4,553,233 258,148 4,403 5,676,127 404,183 1853. £ ) V 1,028,676 J 1854. J 1,224,751 1855. 1856. £ 1,127,220 Great Britain . N. Am. Colonies West Indies United States . Other Countries £ 5,740,832 168,778 668 3,883,274 338,777 £ 3,325,865 216,496 3,533 5,207,169 268,477 £ 881,445 Total . 7,995,359 10,132,331 ) 9,021,542 14,896,096 1,028,676 ! 1,224,7 51 881,445 1,137,220 CAN 37 CAN Comparative Statement of the Exports of Canada, from 1851 to 1857 in Currency. 1851. 1852. 1853. 1854. 1855. £ 1856. £. 1857. £. £. £. £. Produce of the Mine . 21,680 8,394 27,339 7781 31,458 41,411 71,617 Do Sea . 62,324 74, 162 85,000 87,428 114,980 114,086 135,028 Do Forest 1,515 8791,614,585 2,355,255 2,495,342 1,986,980 2,504,970 2,932,596 Animals and their produce 219,859 295,929 342,632 208,318 398, 796 641,014 520,809 Vegetable Food Other Agricultural products . 941,8721, 57,065 9,507 27,847 1,995,095 26,619 1,822,826 17,936 J 3,257,599 3,743,068 2,220,706 Manufactures .... 15,528 16,236 35,106 42,437 119,0191 93,407 99.705 Other Articles .... 37,972 26,875 15,824 11,246 17,140! 10,799 j 30,280 2,824,630 3,251,393 4,882,870 4,760,264 5,925,975 7,148,759 6,016,743 Add val. of ships built at Quebec 416,550, 2,600 620,187 552,063 304,t86j 303,269 345,861 Add 20 per ct. to Inland Ports . Grand Total of Exports 211,470| 1908 447,268 442,470 816,253 559,725 389,051 3,453.651 3,836,801 1,930,335 5 754,797 7.047.115 «. 011.754 8,751,656 The extent and comparative state of the exporting and importing trade of the Province is exhibited by the following details, which show the exports of pro- duce and imports of foreign merchandize, with the total amount of duties collected for the last four years : — Exports. Imports. Duty. 1858 23,472,609 dols. 29,078,537 dols. 3,381,339 dols. 1857 27,006,627 39,430,598 3,925,051 1856 32,047,017 43,584,387 4,508,882 1855 28,188,461 36,086,169 3,525,782 Notwithstanding the large decrease in the trade, as above exhibited, the exports more nearly equal the imports in 1858 than for the previous years, shown as follows : Imports Exports 1858. 29,078,537 dols. 23,472,609 1857. 39,430,598 dols. 27,006,627 185a 43,584,387 dols. 32,047,017 Difference 5,605,928 dols. 12,423,971 dols. 11,537,370 dols. The following figures exhibit the consumption of the principal articles ot necessity in the entire Province for three years : 1856. Muscovado sugar, lbs. - - 33,862,902 Tea, lbs. - 6,714,367 Coffee, do - Tobacco, do Cottons, value, dollars Linens, do. - Silks, do. - Woollens, do. Leather manu£ do. - 1,897,388 3,053,869 5,028,935 400,380 1,162,076 4,323,172 416,777 1857. 25,061,095 3,791,760 1,374,121 2,926,185 4,796,046 334,985 1,025,839 3,907,789 514,493 185S. 27,899,005 6,015,981 1,778,835 3,294,154 3,315,119 138,110 658,045 2,658,515 447,346 Turning to the exports, we find the following to be the principal articles sent out of the Province in the past three years : — Wheat, value Flour „ Barley and Rye, value Oats, value - Products of the Forest - 1856. - 6,977,843 dols. 1857. 2,789,975 dols. 4,537,642 684,056 360,815 11,730,357 1858. 2,355,096 dols. 3,065,810 1,015,635 753,486 9,447,727 907,281 457,423 10,016,883 The value of ships built at Quebec in 1858 was 743,640 dollars against ,383,444 dollars in 1857. The total exports from Canada were in — 1855. 1856. 1857. Products of Agriculture . . £3,656,395 £4,384,083 £2,747,516 Products of the Forest . 1,986,980 2,504,970 2,932,516 Othei products 587,486 562,979 682,492 It thu appears that the value of the agricultural produce exported from Canada CAN 38 CAN fell nearly one half between 1856 and 1857, owing to the fall in the price of wheat, from 10^ and 11* per bushel to 4s 6d and 5* in the close of 1857 and 1858. The exports of wheat and flour were respectively — Wheat Bushels. 1855 .... 3,193,748 1856 . . . . . 4,997,656 1857 .... 2,762,654 Flcur Barrel* 643,936 878,775 743,949 The total importations were in value — 1850 . . . £3,396,414 | 1853 . . . £6,396,300 J 1856 . 1851 . . . 4,287,000 j 1854 . . . 8,105,865 1857 1852 . . . 4,457,300 1 1855 . . . 7,217,234 • 1858 . . £8,717,000 . . 7,885713 5,995,706 The year 1852 was a prosperous year; there was a good crop and fair prices; but importations were only £5,000,000. The five following years were years of wonderful expansion, not less than £16,000,000 of foreign capital was expended in the colony. There were immense crops and war prices. No wonder, then, that the importations were enormous. Value of Exports from Montreal Total Value of Imports at Mon- (inclusive of via Rouse's Point, treal during Thirteen Years. St. Hyacinthe, and Coaticook) for Eleven Years. 1845 £2,614,911 1846 2,303.908 £395,075 1847 2,063,420 403,017 1848 1,707,434 417,902 1849 1,637,409 439,005 1850 1,793,695 436,193 1851 2,294,710 529,807 1852 2,311,471 681,866 1853 3,503,697 913,757 1854 4,055,251 755,372 1855 . . , 3,093,145 704,129 1856 4,036,174 1,304,333 1857 4,212,135 GROSS AMOUNT OF DUTIES COLLECTED AT THE FORT OF MONTREAL FOR TWELVE YEARS. 1846 . £137,519 1 1850 . . £258,474 1854 . £478,361 1847 135,016 1851 315,211 1855 310,061 1848 140,499 1 1852 333,269 1856 469,025 1849 191,888 1 1853 449,102 1857 461,790 ARRIVALS FROM SEA AT THE PORT OF MONTREAL FOR FOURTEEN YEARS. Years. Ships. Tons. Years. Ships. Tons. 1843 106 36,631 1850 , 222 56,867 1844 182 48,186 1851 275 58,885 1845 202 51,295 1852 185 45,154 1846 221 55,868 1853 253 60,507 1847 221 63,308 1854 258 71,072 1848 164 42,157 1855 197 48,533 1849 150 87,793 1856 222 68,609 The financial agents for Canada, in London, Messrs. Baring and Co. and Messrs. Glyn and Co., made a very important communication to the Stock Exchange early in January, 1860, from the Provincial Government, relative to the con- solidation of its then existing debts into one new 5 per cent, stock. The total of the various liabilities of the Colony was stated to be £11,661,010, and the holders were presented with the option of converting them into one Con- solidated 5 per Cent. Stock, irredeemable for twenty-five years. A portion of these liabilities consist of £700,000 to the English Government for the balance of a guaranteed loan ; £400,000 to the current revenue for amounts of debt re- cently paid off; £250,000 for certain indemnity claims on the "Feudal Tenure Fund;" and £1,250,000 currency debt, making a total of £2,600,000, which it was contemplated to meet in cash. For that purpose an issue was made on the CAN 39 CAN London market, increased to £2,800,000, by a requirement of £200,000 for the public buildings at Ottawa, the new capital of the Colony. By this condensa- tion of a number of securities, some of which are of an indirect character, into one sole stock, increased market-ability was obtained, and £69,000 in annual interest saved. In 1857 the net revenue of the colony was £963,238, and the expenditure £1,073,093. Customs yielded £281,802., of the gross revenue, the territorial branch £104,386., and public works £102,307. The interest on the debt was £281,036. ; civil government cost £58,512 ; the administration of justice, £126,552; legislation (the Council and Assembly), £126,434.; and education, £110,009. The total tonnage of ships entered at Canadian ports was 5,283,969, and the tonnage of ships cleared out 5,144,756: 110 sailing vessels, of 44,380 tons, and 16 steamers, of 2,556 tons, were built in Canada in the year 1857, while 152 sailing vessels and 28 steamers were registered. The value of the imports for consumption was £8,871,885, and that of the exports of domestic produce £6,076,491. The exports to the United Kingdom were £2,429,650., and to the United States £3,301,609. The articles exported from Canada included 2,562 tons of copper ore, 95,762 cwt. of dried fish, 21,880 barrels of potashes, 37,984 tons of elm timber, 48,539 tons of oak, 500,781 tons of white pine, 61,323 tons of red pine, 51, 250 hundreds of standard deals, and 222,611m. feet of planks and boards, 5,482 horses, 10,871 oxen and bulls, 12,143 cows and calves, 10,276 swine, 14,626 cwt. of butter, l,275,U411bs. of wool, 831,412 bushels of barley and rye, 866,860 of oats, 220,726 of peas, 2,762,454 of wheat, and 743,949 barrels of flour. The gross revenue received from the several canals in 1857 was £85,320. 1,595 vessels, of 223,206 tons, passed through the Canadian canals in 1857. 3,155,556 gallons of spirits were distilled, yielding a duty of £20,762. For the eight years from 1841 to 1848, during which the protective policy existed, the total* imports of Canada were £22,638,348; the total duty collected, £2,308,499; and the total free goods, £509,495. The averages being £2,829,793, £288,545, and £63,687; the duty being thus about 10 J per cent, and the free goods only 2£ per cent, of the whole imports. For the next period of six years to the passing of the reciprocity acts, and general adoption of more liberal views — 1849 to 1854 — the total imports, duty, and free goods, were respectively £29,429,934. £3,937,292. £2012,368. averaging .£4904,988. £656,215, and £335,395 per annum; the duty being thus about 13J I* 1 " cent., and the free goods nearly 7 per cent, of the total imports. For the last period of four years, from 1855 to 1858, the following results are shown:— Imports, £30,447,879; duty, £3,152,281; free goods, £8,868,250. The annual averages having been £7,611,970, £788,070, and £2,217,070; the duty being 10J per cent., and the free goods 29 per cent, of the imports. CANALS. In England and Wales there are altogether 112 canals, the total length of which, including their branches, amounts to 2574 miles, and the total cost has been £25,700,000. In Scotland there are 10 canals, in total length 225 miles, which cost nearly £2,500,000. In Ireland there are three canals, total length 276 miles, which cost upwards of £5,000,000. The entire cost of the 3074 miles of canals in Great Britain and Ireland has been £33,254,000., or about £11,000 per mile. The working stock of boats, horses, pumping-engines, hoists, &c, has been estimated to exceed £3,000,000. In British America the Rideau Canal extends in a circuitous course from Lake Ontario to Kingston down the Rideau to the Ottawa. The excavation is 120 miles, but the whole navigation 160; lockage, 437 feet; 47 locks. The Welland Canal, by which the Falls of Niagara are avoided, is a very im- portant work. Its locks are 150 feet in length of chamber, by a width of 26 J feet ; its dimensions being well suited for the class of vessels best adapted to the Western Lakes, and of which large numbers pass through it, as well of Canadian as American craft. This canal is 28 miles in length, having about 30 cut-stone locks. It surmounts an elevation between Lakes Ontario and Erie of 330 feet, wliile the elevation from tide-water to Lake Ontario, being over 200 feet, is over- come by the St. Lawrence Canals, seven in number of various lengths, from CAN 40 CAN 12 miles to one mile (but in the aggregate only 41 miles of canal), having locks 200 feet in length between the gates, and 45 feet in width, with an excavated trunk from 100 to 140 feet wide on the water surface, and a depth often feet of water. These canals are chiefly used for ascending the stream, as large steamers, drawing 7 feet of water, with passengers and mails, leave Kingston at the foot of Lake Ontario in the morning, and without passing through a single lock, reach the wharf at Montreal the same day before dark. The great chain of canals is proposed to be completed by the construction of a ship canal from the St. Law- rence to Lake Champlain, so as to enable the propellers of Chicago to reach Burlington and Whitehall. The navigation of the Upper Ottawa is also being improved by canals. The canals of Canada now afford a large revenue, and ac- commodate a considerable trade. On the whole, it may safely be asserted, that no country in the world is possessed of more important and extensive canals, or a more magnificent system of inland navigation, than Canada. The following are the particulars of the St. Lawrence and other Canadian canals : — Lachine Canal, 44f feet lockage, 5 locks, 200 by 45 feet. Beauhamois Canal, 82£ feet lockage, 9 locks, 200 by 45 feet. Cornwall Canal, 48 feet lockage, 7 locks, 200 by 55 feet. Farran's Point Canal, 4 feet lockage, 1 lock, 200 by 45 feet. Bapid Plat Canal, 11£ feet lockage, 2 locks, 200 by 45 feet, Pt. Iroquois Canal, 6 feet lockage, 1 lock, 200 by 45 feet. Galop's Canal, 8 feet lockage, 2 locks, 200 by 45 feet. Welland Canal, 330 feet lockage, 27 locks, 150 by 26£ feet. Sault St. Marie Canal, 20 feet lockage, 2 locks, 350 by 75 feet. The carrying trade and navigation of the provincial canals of Canada in 1857 was as follows : — 15,866 Canadian vessels, of 1,512,270 tons, which paid nearly £4,000 in tolls; 4,417 American vessels, of 802,924 tons, which paid about £3,400 in tolls. The net revenue, after deducting all incidental expenses, was about £30,000, when the tolls were abolished in 1860. By means therefore of these internal improvements of Canada, vessels draw- ing ten feet can be taken from Fond du Lac, on Lake Superior, to the Gulf of St. Lawrence, a distance of twenty-two hundred miles. The Erie Canal will, after the proposed enlargement, admit vessels drawing only seven feet, or about two- thirds of the capability of draught on the Canadian canals. And now that the employment of steam on the canals is no longer an experiment, this difference of capacity for draught is the more important. The present depth of the Erie Canal is four and three-quarters feet, and is a sufficient reason to account for the decrease in the canal revenue since 1852. The smallness of the locks is another disadvantage. The smallest locks on the Erie and Welland Canals are as fjllows:— • Length. Width. Erie Canal . 100 ... 17£ Welland Canal . .150 . . . 26£ The last annual report of the Canal Committee of the State of New York gives some interesting details. The whole length of the canals is nine hundred and twenty-four miles. The tolls received during the year 1859 amounted to 1,723,944 dollars, being a decrease from 1858 of 386,808 dollars. The greatest number of days in which the Erie canal has been navigable for the past nineteen years was in 1859 — two hundred and forty*two days; the least number in 1856 — two hundred and fourteen days. The greatest number of boats passing any one lock during this period was in 1843, when 43,957 boats passed lock No. 36, Erie canal; in 1859 the number was 20,274. The greatest aggregate amount of tolls received in anyone year since 1830, was in 1847, being 3,674,323 dollars; the least amount during the same period was in 1841, when only 1,034,883 dol- lars was received. The total amount of tolls received on all the canals from 1826 to 1859, both years inclusive, 69,674,428 dollars. The estimated value of Hour which had passed on the canal and reached tide- water at Albany, from 1834 to 1859, is set down at 295,301.566 dollars; wheat, 116,914,062 dollars; other grain, 122,727,273 ; making a total of 534,942,901 dollars. CAN 41 CAN The aggregate length of the canals in the United States in 1858 was 5131£ miles. This was independent of the enormous extent of inland river navigation. The following list gives the details of the principal canals in each State of the Union: — Canals of America. In Maine the Cumberland and Oxford Canal unites Sebagopond with Portland Harbour: length of excavation 20 £ miles, affording a navigation, natural and artificial, of 50 miles. In Vermont, the Bellows Fall Canal, half a mile in length, overcomes a fall of fifty feet by nine locks. The White River Canal and Waterqueechy Canal, in Hartland, are similar works. In Massachusetts, Middlesex Canal reaches from Merrimack, at Chelmsford, to Boston: length 26 miles. Blackstone Canal extends from Worcester to Pro- vidence, 45 miles. Hampshire and Hampden Canal is the continuation of the Farmington Canal, from Southwick to Northampton, 20 miles. Pawtucket Canal, at Lowell ; Montague Canal, at Montague; and South Hadley Canal, are short cuts passing round falls in the Merrimack and Connecticut. In Rhode Island, Blackstone Canal, extending from Providence to Worcester, is partly in the State and partly in Massachusetts. In New York, the Erie Canal extends from Buffalo, on Lake Erie, to Albany, on the Hudson, 363 miles ; rise and fall, 698 feet ; locks, 84. Champlain Canal ex- tends from Whitehall to Albany, 72 miles. Oswego Canal extends from Salina, on the Erie Canal, to Oswego, on Lake Ontario, 38 miles. Cayuga and Seneca Canal extends from Geneva, on Seneca Lake, to Montezuma, on the Erie Canal, 20 miles. Crooked Lake Canal connects that lake with Seneca Lake, 7 miles. Chemung Canal extends from Elmira, on the River Chemung or Tioga, to Seneca Lake, 18 miles, with a navigable feeder from Painted Post, 13 miles. Chenango Canal extends from Utica, on the Erie Canal, to the Susquehanna, at the mouth of the river Chenango, 93 miles. Black River Canal extends from Rome, on the Erie Canal, to Carthage, on Black River, 76 miles. These canals have all been constructed by the State, making a total of 700 miles. The Hud- son and Delaware Canal extends from the Hudson, near Kingstown, to the mouth of the La kawaxen, 83 miles, whence it is continued up the Lackawaxen, in Pennsylvania, 25 miles to Honesdale. In New Jersey, the Morris Canal extends from Jersey city, on the Hudson, by Newark and Paterson, to the Delaware, at Phillipsburg, 100 miles: the principal elevations are passed by inclined planes. The Delaware and Ranton Canal is adapted for small sea vessels, and extends from New Brunswick, on the Ranton, through Trenton, to Bordentown, on the Delaware, 42 miles, with a navigable feeder from Bull's Island, in the Delaware, to the Main Canal at Trenton, 23 miles. In Pennsylvania, the Pennsylvania Canal includes a series of canals and railroads, constructed by the State. The Delaware division extends along the Delaware, from Easton to Bristol, 60 miles ; the main trunk, from the termina- tion of the railway at Columbia up the Susquehanna to the mouth of the Juniatta, and up that river to Holidaysburg, 172 miles. The Alleghany Moun- tain is passed by the Portage Railroad, from Holidaysburg to Johnstown, whence the canal is continued down the valleys of the Conemaugh and Alleghany rivers to Pittsburg, 104 miles, making the distance from Philadelphia to Pittsburg, by railway and canal, 394 miles. Susquehanna and North Branch division, from the mouth of the Juniatta to that of Lacawannock Creek, in the North Branch, 114 miles. West Branch division, from its junction with the North Branch to the base of the Alleghany Mountain, above Bald Eagle Creek, 72 miles, or, with side cuts, 76 miles of navigation. Beaver division, from the Ohio up the Beaver Creek, 25 miles. French Creek division, from Franklin, on the Alleghany, up the French Creek, 221; miles, or, including the French Creek feeder, 46 miles ; making GOO miles of canal constructed by the State. The Sandy and Beaver Canal connects the Ohio Canal at Akron, and the French Creek division with Lake Erie at Erie. The Mahoning Canal is a cross canal of 83 miles long. There is a canal called the Beaver and Erie, 136 miles long, connecting with the Ohio 28 miles below Pittsburgh. Private works are the Lackawaxen Canal, CAN 42 CAN extending up the Laekawaxen to Honesdale, 25 miles, and being a continuation of the Hudson and Delaware Canal. The Lehigh Canal, from the Morris Canal, on the Delaware, up the Lehigh, 46§ miles. The Schuylkill Canal, from Phil- adelphia to Port Carbon, 110 miles. The Union Canal, connecting the Schuyl- kill Canal, near Reading, with the Pennsylvania Canal, at the mouth of the Swatara, 80 miles, with a navigable feeder down the Swatara of 24 miles. The Conestoga Canal, from Lancaster to the mouth of the Conestoga, is 18 miles in length. The Codorus Canal extends from York down the Codorus to the Sus- quehanna. Length of canals in Pennsylvania, 900 miles. In Delaware, the Chesapeake and Delaware Canal lies chiefly in Delaware ; it is 13^ miles in length, and navigable by sloops, being 10 feet deep and 66 feet broad. In Maryland, Port Deposit Canal, 10 miles, extends from the boundary line to Port Deposit, along a line of rapids. Chesapeake and Ohio Canal, beginning at Georgetown and extending up the valley of the Potomac, is principally in Mary- land: it is completed to a few miles above Williamsport, 100 miles from George- town: the projected length to the Ohio at Pittsfield is 340 miles: the Alleghany Mountain is to be passed by a tunnel four miles in length. In Virginia, Dismal Swamp Canal, partly in North Carolina, connects the waters of the Chesapeake with the Albemarle Sound, 22£ miles. The James River Canal extends from Richmond, 30| miles; with this, the Blue Ridge Canal, seven miles in length, and some other short cuts, the navigation of James River into the valley is effected. The Roanoke Navigation is a series of cuts, locks, and sluices, rendering the river navigable from Weldon, in North Carolina, to Salem in the valley, 244 miles. In North Carolina, the Dismal Swamp Canal is partly in this State and partly in Virginia: the North- West Canal, six miles in length, is a branch of this work. Weldon Canal passes round falls in the Roanoke, 12 miles. In South Carolina, the Santee Canal, 22 miles in length, connects the Santee with the Cooper River, which enters the sea at Charleston harbour. The Wingaw Canal, of 10 miles, was commenced, but is given up. Columbia, Camden, and other canals, have been constructed round the falls of the Saluda, Waterce Pedee, and Broad Rivers. In Georgia, the Savannah and Ogeechee Canal extends from Savannah to the Ogeechee, 16 miles; it is to be continued to the mouth of Oconee, in the Alata- maha, 80 miles. In Alabama, the Mussel Shoals Canal will extend from Florence, at the head of steam boat navigation in the Tennessee, to a point above the Shoals, whence the Tennessee and Holston may be ascended to Knoxville, 700 miles from the mouth of the former river. In Louisiana, Carondelet Canal is a short cut, admitting small sea vessels, from lake Pontchartrain into a basin in the rear of New Orleans. The New Orleans and Teche Canal, from that city to the Atchafalaya, near the mouth of the Teche, is about 100 miles in length. In Kentucky, the Louisville and Portland Canal, passing the falls in the Ohio below Louisville, is above two miles in length and 200 feet wide at the top: it overcomes a fall of 24 feet, and admits steam vessels of the largest size. In Illinois, there is a canal from Chicago, on Lake Michigan, to the mouth of the Vermillion, in Rlinois, a distance of 96^ miles, 60 yards wide. In Ohio, the Ohio Canal extends from Portsmouth up the Scioto, a little below Colombus, thence through Newark to the Muskingum, at Coshocton ; up that river and down the Cuyahoga to Cleaveland, 316 miles; with navigable feeders to Colombus, 1 1 miles, and Granville, 6 miles, &c. and a lateral canal of 9 miles to Lancaster; total length, 341 miles. The Miami Canal extends from Cincinnati to the Miami, near Hamilton, up the valley of the Miami to Dayton, 66 miles. It is to be continued to the Muamee, at Defiance, and down that river below the rapids. The Wabash and Muamee Canal terminates in this State. In Indiana, the Wabash and Erie Canal, extends from the mouth of the Tippe- canoe to below the rapids of Muamee, at Fort Meigs, in Ohio, a distance of 200 miles, 130 miles of the route is within the limits of Indiana. The canal from Durance to Marseilles, which was begun in 1836, was opened CAN 43 CAP July 8, 1847. It is 83,000 metres in length, of which 17,000 are subterranean passages through the Alps. The canal of Isabella II. was inaugurated at Madrid on the 25 June, 1858, by the Queen. This great work, by which the bed of the Lozoya is changed, and its waters brought to the Spanish capital by a canal nearly 50 miles long was accomplished in seven years. In India a canal of one hundred and eighty miles has been made in the valley of the Ganges at a cost of £2,000,000. It was commenced about 1847, and opened in 1857. Excepting the Erie and St. Lawrence Canals, it is the most valuable communication in the world; and, if it were carried to Calcutta, it would be the most important without exception. 20 to 30 miles of canal are open in Rajah- mundry, and 40 miles in Madras. A canal on a magnificent scale, with its branches about 406 miles long is form- ing for the Punjaub, for which the waters of the river Ravee have been diverted. CANDIA, or CRETE. This island has been increasing in prosperity from year to year. In 1851 the population was estimated at 260,000 souls. In 1857 there was in the three cities of Canea, Candia, and Retimo 6,672 houses, 2,542 shops, and 51 soap manufactories. The exports, which in 1837 were only of the value of £64,000, had risen in 1856 to £433,200, and the imports in the same period from £127,804 to £406,832. The manufactures consumed in the island came principally from Great Britain and Syra, in Greece. The amount is about £52,000, consisting principally of cotton twist, grey calicoes, and printed cloths. A large portion of the export trade is carried on by Turkish merchants in ves- sels owned and manned by Turks. The revenue in 1858 was £144,752, and the expenditure about £27,300 less than the revenue. CANDLES. In 1851 it was estimated that the average make of tallow can- dles was 1000 tons per week, and of wax, sperm, and composite 6000 tons per annum; but the manufacture has very greatly increased in the last eight or ten years. The shipments especially of composite or stearine candles have become very considerable. In 1853 the exports were 2,584,591 lbs. of stearine candles, and 1,295,139 lbs. of other kinds. In 1858 the exports of stearine candles were 3,242,652 lbs., and of other kinds of candles 981,706 lbs. CAPE. The rapid increase in the quantity of wool, from 113,000 lbs. in 1833 to 7,700,000 lbs. in 1853, and then to 19,500,000 lbs. in 1859, proves the suitability of the climate for the breeding and rearing of sheep. The increase in the number of cattle and of sheep may be measured in some degree by the number of hides and skins exported; the number of hides in 1853 being 5,278, and, in 1857, 192,039; and of sheep and goat-skins, 168,708 in 1854, and 1,037,399 in 1857. More than sufficient corn of all descriptions is now grown for the wants of the colony. The importation of American flour has already ceased; whilst on the other hand 1,000,000 lbs. of flour, 8,000,000 lbs. of bran, 1500 quarters of barley and beans, and 3,119 quarters of oats, were exported in 1857. The increased demand for Cape Wines in the English and other markets has been promptly responded to by an increased supply, one among the many proofs daily arising of the immense productive powers of this colony. The following figures show the quantities of Cape wines, exclusive of Constantia, exported during six years: — 1852 . . Gallons 250,256 i 1855 • . Gallons 491,258 1853 . . . 271,767 1856 . '. . 720,299 1854 . . . 361,325 I 1857 . . 946,316 The quantity imported from the Cape into this country has increased very rapidly. In 1854 we imported 282,043 gallons; in 1855 the quantity was 369,477 gallons; in 1856 it rose to 493,524; in 1857 to 787,753; in 1858 it was 654,119; and in 1859 to 786,620 gallons; in the last year the quantity con- sumed in the United Kingdom was 781,587 gallons. The value of this commo- dity has increased during the period just named from £49,357 to £178,559. It is the most valuable export of the colony next to wool; and any steps which may be taken for improving its quality or adapting it to English tastes deserve to meet with every encouragement. It may be safely stated that but a mere spec of the land suitable for the growth CAP 44 CAP of corn and wine, for feeding cattle and sheep, is yet rendered productive. One of the finest wine districts (Oudts Horn) has only just become accessible to the dealer. Every new road or pass opened will in a few years afterwards increase enormously the surplus quantity of agricultural produce available for exportation. Another useful product of the soil is aloes, the export of which has increased from 9,319 lbs. in 1853 to 806,960 lbs. in 1857. The total quantities produced in the colony in 1855 were estimated at — Wheat . . . 994,273 Bushels. | Wine . 34,221 Pipes. Barley and Bye . . 400,237 „ Brandy . 4,406 „ Oats and Maize . .2.501,320 „ I And the stock of horses, cattle, and sheep, at — Horses . . . 138,947 i Goats . 1,256,593 Cattle .... 458,386 Pigs . ; . . 35,069 Sheep . . . . 6,500,000 I The power to increase these already large figures may be best illustrated by comparing the actual area of the colony with the number of acres under cul- tivation. The total area is 116,930 square miles, or very nearly 80,000,000 acres. That under cultivation is in Wheat ..... 73,908 Barley . . . . . . 19,039 Oats and Maize ..... 70,172 Vine . . . . . . . 11,854 Orangeries and gardens . . 11,320 186,292 The connection of the trade and commerce of the colony, with its agricultural prosperity, is too close not to advance with it, and we find, therefore, that the British exports to the Cape have increased from £985,266 in 1854 to £1,602,807 in 1858; and, by comparing this with the population, we find the average con- sumption per head of British manufactures in 1858, was just £6; nearly half the population being coloured, and, of course, comparatively small consumers. To faciHtate the management of this increasing trade, the colony is well sup- plied with banking accommodation. There are sixteen Joint-Stock Banks, the shares of which are all at a premium, and some at high premiums, If we compare the consumption of British manufactures with that of other colo- nies, the importance of the Cape Colony will be strikingly exhibited. Thus, the population of the Cape is 267,000. The value of our exports, £1,602,607, or £6 per head. Or if whites only are considered, fair allowance being made for the supply of the coloured people, it is above £10 each, whilst in — New South Wales • '. '. Victoria . . . British North American Colonies . Mauritius . • . West Indies ... United States . . . France .... With the exception, then, of Victoria, there is no colony which consumes per head so large a quantity of English manufactures; and there is every reason to believe this proportion will increase as population progresses ; for, as the climate, soil, and the physical features of a country mainly determine the employment of a people, so here the absence of rivers, and the want of coal and iron, will make agriculture the most profitable occupation, and the colony will export, as its population increases, larger and larger quantities of wool, wine, hides, horses, com, &c, importing, on the other hand, in as rapidly increasing quantities, British manufactures. In comparing the imports to the Cape Colony with those of our Australian colonies, we must, in justice to the Cape, show the nature of them. Thus Victoria, out of a Customs revenue of £1,777,000, receives — Population. Value of our Exports. £2,919,325 Per head. 350,000 or £8-34 500,000 5,419,354 or 10-83 . 3,000,000 3,159,055 or 1-015 226,000 601,899 or 2 66 853,000 1,791,931 or 2-11 . 24,000,000 14,023,983 or 0.59 . 36,000,000 4,861,558 or 013 CAP 45 CAP £807,000 for duty on spirits 70,000 „ wine 15,000 „ beer 172,000 „ tobacco, snuff, and cigars. 1,064,000 Whereas the Cape, with its Customs revenue of £260,000, collects only £22,500 from the same sources. The attention given by the Cape Parliament to local matters is indicated by the great public works either in progress or in preparation, among which the railway to Wellington, 100 miles in length; the formation of docks, and a harbour of refuge in Table Bay; increased accommodation for landing and shipping at Port Elizabeth, and the "tidal works at the Kowie River, are the most important. Twenty years ago there was but one newspaper in the colony; that was pub- lished under the direction of the Government, and rarely contained any political information. Now there are eight newspapers published in Cape Town during the week, four of which are printed by steam, and issue together 3,500 copies daily, except on Friday, when the Gazette only is published, the circulation of which is 1,400 copies. Besides these, there are sixteen country papers and four monthly magazines. The following table shows the distances between Cape Town and the principal postal towns in the colony: Name of Post Town. Albert, Prince Alice Aliwal North Beaufort, Fort Beaufort, West Bedford Burghersdorp Caledon Calrinia Clanwilliam Colesberg Cradock George ; Graaff-Reinet Graham's Town Hope Town By the population returns it appears that the 267,000 inhabitants of the colony, in 1855, were divided into rural and urban in the following proportions: — Rural . . . 173,753 | Urban .... 93,343 The number of inhabitants in the principal towns is given as follows : — . 1,226 [iles. Name of Post Town. Miles. 282 Malmesbury . , 45 652 Middelburg . • 550 666 Namaqualand . 396 646 Paarl . 38 330 Port Elizabeth . . 510 582 Queen's Town . . 640 600 Richmond . 450 72 Riversdale , . 206 270 Simon's Town . . 22 150 Somerset East . . 547 540 Stellenbosch . 26 550 Swellendam . . 144 300 Tulbagh . 80 480 Uitenhage . . . 508 600 Wellington . 43 600 Worcester . * . 80 Cape Town Graham's Town Graaff-Reinet . Port Elizabeth George Town Swellendam Worcester . 25,189 Elim . 5,432 Caledon . . 3,662 Genadendal • 4,793 Paarl . 1,934 Stellenbosch . 2,276 Wellington . 2,072 Wynberg . 3,540 . 3,800 . 2,926 . 1,672 . 2,062 In 1856 the imports of Port Elizabeth were £746,575; and in 1857 they amounted to £1,256,943, being an increase of more than half a million sterling. The value of the exports for 1856 were £737,490, and the exports for 1857 were valued at £1,065,101, being an increase of more than three hundred thousand pounds. CUSTOMS DUES RECEIVED AT POST ELIZABETH. 1840 1-11 1848 £4,113 10,789 25,759 1852 1856 1857 £49,198 80,000 122,162 1«40 1844 1848 CUSTOMS DUES RECEIVED A.T TABLE BAT. . £37,491 i 1852 57,043 1856 . 77,941 I 1857 £99,550 92,040 132,000 CAP 46 CAP It will be seen by the above figures that the amount of Customs dues received at Port Elizabeth, in 1857, was within ten thousand pounds of that received in Table Bay in the same year. REVENUE AND EXPENDITURE OP THE CAPE COLONY. Revenue. Expenditure. Revenue. Expenditure. 1835 £133,417 £134,576 1847 £222,013 £193,688 1836 158,697 147,579 1848 234,375 245,985 1837 167,037 145,816 1849 237,805 274,235 1838 188,459 168,508 1850 245,785 245,655 1839 174,845 192,688 1851 234,884 223,115 1840 171,205 181,853 1852 289,482 252,495 1841 179,590 172,422 1853 308,472 268,111 1842 226,261 226,035 1854 295,802 309,497 1843 221,721 250,266 1855 306,026 329,565 1844 229,604 223,460 1856 348,362 353,151 1845 247,369 223,672 1857 491,505 460,676 1846 201,624 189,494 1858 463,010 494,959 Statement of the Revenue of the Cape of Good Hope in the years ended 31st December, 1854 and 1855 : — 1854. ' 1855. Customs . . . £122,184 £129,841 Land Sales . . . 12,297 5,836 Land revenue 23,027 23,091 Rents, exclusive of land , . 554 608 Transfer dues . . 44,118 36,291 Auction dues . . . 24,598 23,804 Licences . 3,568 30 Stamps • . . 21,234 23,857 Postage 13,881 14,627 Fines, forfeitures, and fees of court : 4,780 5,279 Fees of office 2,893 2,986 Sale of Government property 370 535 Reimbursements to Government . 5,623 5,972 Miscellaneous receipts . 700 213 Interest . . 180 84 Special receipts . 123 3,812 Total 280,137 273,866 Statement of the Expenditure of the Colony of the Cape of Good Hope (exclusive of Expenditure by the Agent-General in London) in the years ended 31st December, 1854 and 1855:— ESTABLISHMENTS. 1854. 1855. Civil £29,587 £30,305 Judicial . 27,282 26,396 Revenue . . . 15,700 15,916 Ecclesiastical . . 14,372 15,390 Educational . . • 3,839 3,722 Medical . 2,863 4,168 Police and Gaols . 16,919 17,094 Border Department i 35,333 33,654 Pensions, Retired Allowances, Ac. 7,535 9,479 3BVICES, EXCLUSIVE OF ESTABLISHMENTS Administration of Justice . 5,558 5,017 Revenue services . . 347 318 Ecclesiastical . . , < 1,412 Educational .' . 3,755 4,294 Charitable allowances . • 600 1,005 Hospitals . . , 5,264 5,836 Police and Gaols ; . , 10,234 7,909 Rent 3,053 3,089 Transport . . . « 8,532 13,139 Conveyance of mails . 23,093 22,045 Works and buildings . . , 4,668 6.600 Roads, streets, and bridges ■ 45,865 38,715 Miscellaneous . . , 4,796 9,454 Border Department • « 5,143 2,485 Parliamentary • . , 11,706 9,225 287,456 285,255 CAP 47 CAP The first bale of Eastern Province wool was shipped at AlgoaBay in 1823, and in 1858 its produce figured at £1,200,000. In point of fixed and moveable pro- perty the frontier districts will bear something beyond comparison with the Western, when, after glancing at the following figures, it is remembered that the former dates from 1820, and the latter from 1652: — Fixed property Stock Industrial produce Western. £4,000,000 1,450,000 804,000 Eastern. £1,800,000 2,840,000 1,147,000 6,254,000 5,787,000 Leaving an excess of only £467,000 in favour of the Western Province. In 1854 the total exports of the Cape Colony amounted to £652,000, and in 1857 reached £1,832,000, having trebled in three years — a circumstance, we believe, without parallel. In 1855 the colony's imports were returned at £1,175,000; in 1857, a lapse of only two years, they were £2,637,000. COMPARATIVE STATEMENT OF THE RETURNS OP ARTICLES EXPORTED FROM PORT ELIZABETH, FOR THE TEARS 1854 AND 1855. ARTICLES. 1854. 1855. Difference in 1855. Increase. 1 Decrease. Quantity Value. Quantity. Value. Quantity. Value. Quantity. 1 Value. Aloes, lbs. - 251,863 £3,578 370,711 4,677 148,848 1,099 i Beef and Pork, casks 207 757 158 539 — — 54 218 Batter, lbs. - - - 26,847 1,668 53,240 2,612 26,393 944 Corn, Grain, 245,785 245,655 922,296 354,749 1,277,045 341,928 294,905 636,853 70,093 27,616 99,709 1857 406,702 343,024 1,354,636 1,282,556 2,637,192 746,9«0 1,084,640 1,833,700 131,073 122,035 253,108 1859 469,075 505,284 1,226,661} 1,152,369 2, 179,030 784,166 1,033,914 1,818,080 141,038 120,568 261,606 CASTOR OIL. The duty on this medicinal oil was removed on the 19 th March, 1845, and the imports are now very large. In 1858, 21,475 cwts. were imported, valued at £58,292. Of this the great bulk, 20,592 cwt., came from the East Indies; small imports of castor oil stearine have occasionally arrived from the United States, but there was no commercial demand found for it. CATECHU —See Cutch. CATTLE TRADE. In 1851 the cattle in Great Britain were estimated to amount to 4,500,000. In 1856 there were in Scotland about 1,000,000, and in Ireland 3,600,000, so that the number must be much larger than the former estimate. It is generally considered that about a fourth part of the entire stock is annually slaughtered for consumption, and we may therefore take it at fully 2.000,000 head of cattle. It is to the large towns that cattle live or dead are chiefly brought for consumption. The number of beasts shown at the Great Metropolitan Christmas Cattle market has not very largely increased, but the weight and quality of the meat are widely different from what they were some years ago. In Newgate and Leadenhall Markets, the supplies of meat now reach about 70,000 tons per annum, whilst throughout the kingdom the aggre- gate weight of butchers' meat consumed cannot be less than 750,000 tons a year. Mr. Ormanby, of the North Western Railway, computed in 1853, the cattle traffic passing over all the lines of railway in the United Kingdom at 1,253,353 oxen, and 181,925 calves, the aggregate value of this stock being over £14,000,000. This is omitting pigs, sheep, dead meat, &c. One hundred and fifty years ago the average weight of a beast at Smithfield Market was not above 370 lbs., now it exceeds 800 lbs. If we take the second important town of the kingdom, Liverpool, we find the cattle trade there of a very large extent, upwards of 1200 beasts are slaughtered weekly, besides other stock. The Livei-pool cattle market is chiefly supplied from Ireland. The number of cattle and calves imported there by sea, was in 1852, 176,000, and in 1853, 155,000. In addition to these large quantities are brought by railway from Scotland, and a few driven in from the neighbouring CAT 49 CAT counties. At Newcastle the cattle brought to market the last few years have averaged about 39,000 head; at Manchester, 91,000; at Glasgow, 34,000; and at Wolverhampton, 25,000 head are slaughtered in the year. The consumption of London is about 270,000 oxen, 30,000 calves, 1,500,000 sheep, and 30,000 pigs. The growing consumption of butchers' meat in the United Kingdom has be- come an important consideration, and especially, as to a future adequate supply. The graziers being unable to meet the increasing demand. The increased con- sumption arises from two causes, which in all probability will continue to operate, namely — the increase of the population, at the rate of 1000 per day, and the improvement in the condition of the operative classes, consequent upon the enormous extension of commerce and manufactures, and the abundant em- ployment created by railway and other national works. The importation of foreign cattle is wholly confined to a few neighbouring States, owing to the danger and difficulty of longer sea voyages, which involve a heavy per centage of loss by deaths. From those countries, too, whence we ob- tain the largest and best supply of cattle and sheep, the exportation appears to have reached its maximum. And, although the quality is greatly improved by judicious crossings with English types, the actual gross weight of meat is con- siderably smaller than formerly. This may, in some degree, be owing to the stringency of the Customs regulations for preventing the introduction of diseased animals into the country. But, on the other hand, it is evident that in such small, populous, and flourishing countries as Holland and Belgium, from whence we obtain the best supply of both cattle and sheep, the exporting power must neces- sarily be limited. The number of sheep from Germany has certainly increased; but these are chiefly Merinos, and their quality may be judged of, when we state that they do not fetch more than 15s to 185 each in the market, after an expense of 2s 6i per head for freight, and a heavy per centage of loss on the voyage. Had it not been for the increased supply and improved quality of the animals imported from Ireland, the price of butchers' meat in London would have been much higher even than it now is. The old Irish herds of animals of all kinds have been supplanted or crossed with the best English breeds to so great an ex- tent that the Irish graziers can now successfully compete with those of England in the size and quality of either cattle, sheep, or swine. Some Irish oxen having sold at Smithfield at from £21 to £27, and sheep from 50* to 65$ per head. The following table will show the decrease in the importations of animals since 1854:— Importations op Cattle and Sheep in the Years 1850 to 1859 inclusive. Years. Cattle of all Ages. Sheep. Aggregate Number. 1850 1851 66,462 86,520 93,061 125.253 114,200 97,400 92,777 92,963 59,001 85,477 143,498 201,859 230,037 259,420 183,400 162,000 135,588 177,207 184,482 250,580 209,960 288,379 323,098 384,673 297,600 259,400 228,365 270,170 243,483 336,057 1852 1853 , 1854 1855 1856..- 1857 1858 1859 From 1850 to 1854 1854 to 1859 Total decrease . . 485,496 427,618 1,018,214 909,S57 1,503,710 1,337,475 57,878 108,357 166,235 CEY 50 CHE From the above facts it appears that the aggregate importation has fallen off considerably since 1854, being an average of 1 1,575 cattle of all ages, and 21,671 sheep and lambs per year; whilst the quality of the latter is much inferior to what it was previously, despite the great increase of price in the English market. There is therefore no reason to expect that we shall have much increase of com- petition in the cattle market with the foreigner. CEYLON. According to the official returns the population of Ceylon in 1855, was 1,609,234 ; of whom 6,320 were whites. The persons employed in agriculture number 542,225 ; in manufactures 45,273 ; and in commerce 59,390. There are also 16,726 " aliens and resident strangers " not included in the population returns. The number of inhabitants to the square mile is nearly 66, there being an area in square miles of 24,700. In 1856, 68,004 coolies arrived in Ceylon ; and 34,644 left the island ; leaving a balance of settlers of 33,360. This source of increased population has been going on now for some years ; and in certain parts of the island there are more foreigners than native inhabitants. The Blue Book for 1857 gave the population of the island at 1,722,534, besides 5430 military, of these only 4815 were whites. The number of vessels that entered the ports of Ceylon in 1857 was 3624, registering 444,781 tons, of which 641 measuring 60,670 tons were in ballast. The value of the imports, including specie, was £2,714,565 in 1856 and 3,106,64 in 1857, of the exports £1,653,612 in 1856 and £2,588,460 in 1857. The principal imports in the latter year consisted of 46,569 tons of coal and coke, cotton manufactures and twist of the value of £380,600 ; 6400 bales of cotton, cutlery and hardware of the value of £l 6,000, salted and dried fish 5300 cwt. ; paddy and husked rice 932,102 bushels, cattle 10,565, and haberdashery and millinery value £30,000. The following statistics illustrate the progress of this fine British colony : — 1837. 1847. 1857. Population 1,243,000 1,727,964 Revenue £871,994 437,502 578,028 Imports £411,167 1,421,787 3,106,664 Exports £308,000 961,116 2,588,460 Vessels Inwards 73,868 tons. 2.8,738 448,781 Vessels Outwards 79,502 tons. 228,998 431,782 Coffee shipped 43,164 cwt. 245,000 602,265 CHANKS. The shell which under this name forms so large an article of commerce to Bengal is the Turbinella pyrum of Lamarck. The slices or seg- ments of circles of these solid porcellaneous shells are made into armlets and anklets, and pass under the name of bangles, being usually richly ornamented either with colours, gilt devices, or gems. They are never removed from the person, and are cast with the body either into the grave or river, hence the large demand for the shells. The chank fishery of Ceylon at one time employed 600 divers, yielding a revenue to the island government of £4,000 a year. It is now free. Frequently four and a half millions of these shells are obtained in a year in the Gulf of Manaar. Their gross average annual value as imported in the rough into Ceylon is about j£8000. CHEESE as a food and condiment is in general use in all countries where it can be easily obtained ; and its varieties are innumerable from the globular Dutch and the hard horny Suffolk skim to the cream and rich Cheddar and ripe Stilton. Various estimates, founded on the supposition that two thirds of the population will each consume three quarters of a pound of cheese annually, bring up the home production to 100,000 tons, which added to the foreign imports would give a total consumption of cheese for the United Kingdom of about 120,000 tons. In 1850 there were produced in the United States 113 million pounds of cheese, nearly all of which was required for home consumption, the total export amounting to scarcely 9 million pounds. The imports of foreign cheese, nearly all of which was retained for home consumption were in 1840, 226,462 cwt., in CHE 51 CHI 1S50, 347,803 cwt, and in 1859, 406,547 cwt. There is no reason why we should not make cheese enough for our own consumption, except, perhaps, that it would trench somewhat largely on the milk supply for our town popula- tions. Of the imports in 1859, 323,132 cwt. came from Holland, and 61,768 cwt. from the United States. The duty on foreign cheese was last reduced on the 4th of June, 1853, from 5* to 2s 6d per cwt. ; in March, 1860, the duty was entirely removed. The amount of duty received was £107,375 in 1848, £70,408 in 1852, and about £48,000 on the average subsequently. CHICORY. The cultivation of chicory on the Continent is not of recent date. Its use has existed for nearly 70 years. "When coffee as well as sugar and other colonial produce became high-priced in France and Germany, chicory was almost universally used by the labouring classes as a substitute. As Von Thaer truly observes of all plants which have been proposed as substitutes for coffee, and which when roasted and steeped in boiling water yield an infusion resembling coffee, chicory is the only one which has maintained its ground. Indeed even in this country it is held in extensive public estimation. At first it was only mixed with pure coffee as an adulteration, by fraudulent dealers. But this practice extended itself so widely, that for the defence both of the honest dealer and of the public the sale had to be legalized, and much chicory in the unmixed state is now bought and used instead of and along with genuine coffee. Finding there was an increasing demand for the root, it soon came to be cultivated in this country as a marketable crop, being raised chiefly in the counties of Kent, Surrey, Essex, Bedford, Norfolk, Suffolk, Chester, and York. The extent of the home-production has never been very accurately ascertained. In 1840 Mr. McCulloch estimated it at 3000 tons; and in 1850 it was computed to have risen to 6000 tons, for within a circuit of ten miles of the city of York 3000 acres were then under cultivation with this crop. The yield of root from an acre is about 10 tons ; which is reduced by drying, &c, to about 2| tons. The admission duty free of foreign-grown chicory in 1854 led to the abandonment of much of the home culture ; and according to Mr. Gladstone, there are not now 500 acres under culture with chicory in Great Britain. Mr. Braithwaite Poole, in his work, " The Statistics of British Commerce," published in 1852, stated that there were then about 10,000 acres under cultiva- tion, producing 70,000 tons of green root. The actual production made into chicory powder in England and Guernsey he estimated at 14,000 tons, which at £22 per ton gave a total value for the crop of £308,000 ; the duty on foreign was then £20 per ton for raw, and 6d. per pound for roasted. In 1853, it was stated by a deputation of the coffee planters, that the consumption of chicory in this country amounted to 12,000 tons per annum. How far circumstances are gradually giving to the infusion of chicory, in some countries, the character of a national beverage, may be judged of from the fact that we now import 6000 tons of foreign-grown chicory, besides the un- ascertained quantity produced here, which may be half as much, or fully as much again — that the quantity of the dried root consumed in France is about 16 million of pounds a year — and that in some parts of Germany the women are becoming regular chicory-topers, and are making of it an important part of their ordinary sustenance. The import of chicory root into Hamburgh in 1858 was 30,708 cwt., and of chicory powder and coffee substitutes 11,300 cwt. The late Professor Johnston, in his " Chemistry of Common Life," speaking of chicory, says : " When ground, and exposed to the air, it becomes moist and clammy, increases in weight, and acquires a distinct smell of liquorice and a sensibly sweet Jirst taste. It possesses in no degree the pleasant aroma which recommends the genuine roasted coffee. When infused, even in cold water, it imparts to it a dark colour, and a sweetish-bitter taste. To many the addition of a little of this bitter liquid to the infusion of genuine coffee appears an improve- ment — a remarkable illustration of the creation of a corrupt taste by an adultera- tion, which demands afterwards the continuance to satisfy its own craving. The bitter substance itself, however, is not considered unwholesome. Very many E 2 CHI 52 CHI bitter substances of this kind possess a tonic property, and it is not unlikely that the bitter of chicory may be among the number. But the use of chicory," adds the Professor, " appears to have originated from other causes than the discovery, or even the supposed presence of a tonic property in its bitter ingredient. A little of the roasted chicory gives as dark a colour to the- water, and as bitter a taste, as a great deal of coffee, and hence it was originally intro- duced into the coffee-houses for a purpose akin to that which takes cocculus indicus into the premises of the fraudulent brewer — it gave colour and taste to the beverage of the drinker, and at the same time saved the expensive coffee of the seller. The public taste gradually accommodated itself to the fraudulent mixture: it became by-and-by even grateful to the accustomed palate, and finally a kind of favourite necessity to the lovers of bitter coffee." Tracing down the fiscal charges on chicoiy, we find that a quarter of a century ago the duty on the raw or kiln-dried root was £1 per cwt., and on roasted or ground £2. 16s per cwt. under the 6th and 7th Will. IV. c. 60. By an excise order, dated Aug. 31, 1840, it was ordered that no objection be made on the part of the revenue to dealers in and sellers of coffee mixing chicoiy with coffee, or to their having the same so mixed in their possession. Considerable quan- tities then began to be imported, and the consumption became extensive, on account of the comparatively high price of coffee. The Government then placed a duty on importation of £20 per ton on the root, and £56 per ton on the roasted or ground chicory. On the 10th Oct., 1854, the duty was taken off; and now a duty of £6 per ton is to be levied in 1861 both on foreign and British grown. It is a strange fact that the consumption of coffee has not increased in this country, even with the reduction of duty. We consumed no more coffee in 1859 than we did in 1849, and three million pounds less than in 1846, notwithstand- ing a lower rate of duty and an increased population of about three millions. Whether the public taste' does not run on coffee, or adulteration has any influence in checking consumption, we cannot definitively say. Certainly the number of coffee houses has largely increased ; but tea must, we presume, be the favourite beverage ; for we find that the consumption has risen in the same period of ten years from 50 millions to nearly 76£ million pounds. And yet the relative prices of the two dietetic substances are materially different. Belgium, with a population of about five millions, consumes as much coffee as we do, and the United States and North American Provinces six times as much. The produc- tion in the world is now in excess of the consumption, and the produce of Ceylon has to seek a foreign market, in consequence of the diminished demand in Great Bri- tain. The admixture of chicory has certainly not extended the sale of coffee, and it has been attended with no benefit to the poorer consumers, who pay nearly as much for chicory, or the mixture, as they would for low-priced coffees, which are infinitely superior in nourishment, and in their general effect upon the constitu- tion. It may do for the Continent to artificially protect the chicory grower ; but we, who have extensive coffee-producing colonies, need no such bounty. CHILI. The area of this republic in 1855 was stated at 139,335 square miles, and the aggregate population at 1,439,120; distributed as follows through the several provinces. Provinces. Population. Provinces. Population. Atacama Coquimbo Aconcagua Santiago . "Valparaiso Colchagua Talca Maule 50,690 110,589 111,504 272,499 116,043 192,704 79,439 156,244 Conception , 110,291 Arauco 43,466 Valdivia 29,293 Chiloe 61,586 Ueble 100,792 Colon (Magallanes . . . 153 coion { Llan , luihue § f ( 3)826 Total . . 1,439,120 The revenue in 1856 was £1,676,684, of which £831,640 was derived from customs, £199,467 from Government monopoly of tobacco, and £376,000 was from extraordinary resources; £213,573 being the final instalment of the Peruvian debt. The expenditure in the same year was £1,454,788. The public CHI 53 CHI debt stood at £1,655,875, of which £1,250,600 was foreign debt. The number and tonnage of vessels entered at the several ports of Chili in 1855 were — Name of Porta. Number of Vessels. Tons Burden. Valparaiso - Coquimbo - Huasco - Copiapo and Coldera Talcahuano - Constitucion - Valdivia - Ancud • •«.-■■ 1,267 272 154 315 352 206 63 128 361,743 112,088 62,165 118,488 106,877 29,692 15,379 35,710 2,757 841,482 Total Value of the Imports of Chili from each Countby in each year from 1852 to 1856. Countries. 1652. 1853. 1854. 1855. 1856. Dollars. Dollars. Dollars. Dollars. Dollars. Great Britain and Colonies 5,457,007 4,082,950 5,964,660 6,559,920 6,905,274 France and Colonies . 2,231,486 2,251,397 2,493,652 2,823,566 4,265,253 Germany . , » 1,561,684 1,530,420 2,013,091 1,677,714 1,917,880 Belgium . . • 234,058 249,101 251,508 404,533 398,979 Spain and Colonies 207,182 243,028 558,332 396,613 303,813 Sardinia 66,313 77,842 125,909 92,143 136,069 Holland 255,464 185,952 137,078 187,403 92,701 China 192,460 221,485 214,466 144,350 210,513 Polynesia 4,723 3,535 22,933 16,107 33,089 America (U. S.) . 1,621,373 1,148,120 2,119,344 2,095,232 2,518,779 California (U. S.) 1,353,193 46,019 88,475 195,548 — Mexico i . . 7,808 20,081 36,210 199,641 31,390 Central America . 98,765 87,901 195,412 129,880 148,413 New Granada t 2,471 7 — 444,994 464,696 Brazil 407,726 464,134 592,242 1,133,607 562,098 Paraguay . . — — — — 11,234 Uruguay . • 114,995 129.629 150,133 — 218,445 Equador . . . 79,723 75,031 123,020 217,881 180,497 Peru 795,578 642,601 1,097,864 730,661 736,142 Bolivia . . 1,970 223 246 51,715 25,810 Argentine Republic . 634,137 94,212 1,243,724 920,220 642,966 Other Countries Total - { Do » ars 19,216 15,347,332 30 — 11,559 19,804,041 11,553,696 17,428,299 18,433,287 3,069,466 2,310,739 3,485,659 3,686,675 9,960,808 The value of the exports from Chili in 1856 was £3,631,904. CHINA. The imports from, and exports to, China are thus represented. Including Hong Kong, the imports to the United Kingdom, from the year 1854 to the year 1858, average £9,163,063 sterling annually. In the year 1857, when there was an enormous demand for the raw silks of China, the imports were in- creased to £ 1 1,448,639. In the following year they were reduced to £ 7,073,509, so that the result is that considerably more than a value of £9,000,000 is annually imported from China into Great Britain. But neither the imports nor the ex- ports give any adequate idea of the amount of British capital employed, for there is a vast deal of trade that is not represented in the official returns, as the coasting trade of China, the trade of China with foreign countries, such as Siam, Cochin China, and other places. There is believed to be now engaged in the trade with China an amount of British capital more nearly approach- ing fifty than forty millions sterling, while the revenues derived from this trade exceed ten millions. Between three and four millions of this are re- ceived into the Treasury of the Indian Empire, and the balance into Her Majesty's exchequer in this country. The export trade to China has progressed wonderfully. In 1854 the exports of British and Irish produce were £ 1,000,7 16 ; CHI 54 CHI the average for five years is £1,964,848, and for the year 1859, they amounted to £4,457,631, including Hong-Kong. Independent of this there has been a considerable export of foreign and colonial merchandise. These statistics do not represent the most important articles of British commerce, and those articles are opium and silver. The trade at Canton is associated with this remarkable fact, that it continues about the same as it did before the opening of the other ports, that is to say the opening of the other ports has led to an extension of our relations equal to the whole of their trade. From 1852 to 1855, the Canton tonnage averaged 182,935 tons; in 1856 it was 209,673 tons. There, as elsewhere, the general proportion of shipping engaged is about one-half British, one-quarter American, and the other quarter the rest of the world. In Canton about two-thirds of the shipping is employed in the direct trade, and about one-fourth in the indirect trade. The annual exports averaged for the years 1852-56 (including ten months of 1858) 5,654,684 dollars; for the ten months of 1858, 6,799,752 dollars. The average imports are 6,992,919 dollars; for the ten months of 1858, 10,656,589 dollars. Shanghae is the port which represents the maximum of trade with China, and the returns from thence are of a much more satisfactory and authentic character than those from any other port. The Custom-house there is admin- istered by foreigners. The average shipping from 1855 to 1858 was (tonnage entered) 193,102 tons. In 1858, it was 242,624 tons. The average value of exports and imports in British and American vessels In 1856. In 1857. In 1858. Exports . 8,601,462 doL . 14,549,226 doL . 19,017,049 doL Imports . 28,637,981 „ . 33,334,435 „ . 30,623,759 „ From 1852 to 1856 the entries of vessels at Canton numbered about 400, of 150,000 to 200,000 tons in the aggregate; subsequently the trade was inter- fered with by the war and possession taken of Canton. At Shanghae the entries in 1858 numbered 754 vessels of 242,624 tons with cargoes, of which 290 and 120,205 tons were British. At Amoy, the entries in the same year were 596 vessels of 180,559 tons, of which 331 and 99,331 tons were British. At Foochowfoo the entries were 218 vessels and 75,522 tons, of which 166 and 49,751 tons were British. At Ningpo, 115 British vessels of 17,845 tons en- tered in 1858. The British imports at Canton in 1856 were to the value of £2,171,239, and the exports to £1,951,599. The quantity of tea shipped in 1856 from Canton was 42,740,404 lbs., of which 31,819,000 came to Great Britain. The imports into Shanghae in 1858 were to the value of £5,893,967, and the exports £9,555,417. The extent of the trade of Shanghae may be judged of by the following details : — Total Quantities and Value of Silk and Tea exported from the Poet of Shanghae, in each Year from 1852 to 1858. Years. Silk. Tea. Quantities. Value. Quantities. Value. 1852 1853 1854 1855 1856 1857 1858 Bales. 26,216 41,293 48,120 55,537 91,924 76,464 72,729 £. 1,928,120 2,749,653 2,714,049 3,568,906 7,714,488 7,320,118 Not stated. Lbs. 46,732,036 49,773,920 36,123,600 76,711,659 42,871,433 45,757,711 45,465,702 2,174,600 2,485,099 1,796,459 3,413,584 1,647,012 3,351,661 Not stated. CHI 55 CHI Tea exported to various Countries from Shanghae in 1858. Countries. Black. Green. TotaL Lbs. Lbs. Lbs. Great Britain 12,507,037 8,214,620 20,721,657 Hong Kong, Whampoa, and Foochoo 765,417 1,146,736 1,912,153 Australia .... 326,129 143,602 469,731 The Continent 529,080 72,775 601,855 United States 71,089 21,051,555 21,122,644 Halifax and Montreal 43,914 584,148 628,062 Manilla .... Total — 9,600 9,600 14,242,666 31,223,036 45,465,702 Total Value of the British Trade in British and other Vessels at the Ports of Siiaxghae, Amot, and Foochowfoo. Years. Imports. Exports. Rate of Exchange. Dollars. £. Dollars. £. s. d 1852 - 4.685,571 1,171,393 11,484,200 2,871,050 5 1853 - 3,939,848 1,280,450 13,344,892 4,337,091 6 6 1854 - 1,179.756 368,673 11,702,147 3,650,921 6 3 1855 - 3,497,895 L122.241 19,963,763 6,4' 5,040 6 5 1856 - 6,162,369 2,156,829 25,803,632 9,031,271 7 1857 - 10,387,084 3,527,280 32,411,487 11,005,567 6 94 Progress of British Trade at Shanghae from 1848 to 1857. Years. Imports. Exports. £. £. 1848 548,797 1,100,653 1849 992,888 1,465,621 1850 977,039 2,005,151 1851 1,141,106 2,899,541 1852 1,171,393 2,871,050 1853 1,280,451 3,837,090 1S54 368,673 3,656,921 1855 1.122,241 6,405,041 1856 2,156,829 9,031,271 1857 3,527,280 11,005,567 Value of British Trade in British Vessels at Amoy. Years. Imports. Exports. Rate of Exchange. £ £ *. d. 1853 133,306 62,553 5 1854 141,027 73,789 5 1855 244,341 197,266 4 11 1856 221,500 211,292 4 11 1P57 313,034 344,768 5 1858 925,944 699,357 4 7 Value of British Trade in British Vessels at Foochowfoo. Years. Imports. Exports. 1854 1856 1857 1858 £ 34,896 97,916 97,260 379,846 £ 459,649 814,034 1,382,142 1,184,111 CHI 56 CHI Quantities of Tea exported to various Countries from the Port of Foociiowfoo, in each Year from 1855 to 1858. Countries. 1855. 1856. 1857. 1858. Great Britain United States Australia . « Continent Total . Lbs. 22,700,000 11,900,000 900,000 1,000,000 Lbs. 22,883,100 7,863,200 4,372,100 3,119,800 Lbs. 20,489,400 7,267,200 2,730,500 1,395,700 Lbs. 18,513,500 4,885,700 3,960,100 630,300 36,500,000 38,238,200 31,882,800 27,689,600 The following is a Summary of the Trade with Ningpo. Years. Imports. Exports. Kate of Exchange. 1853 1854 1855 1856 £. 26,694 70,568 77,206 136,359 £. 1,210 49,972 132,776 734,161 *. d. 6 2 6 3 6 8 7 3 The aggregate amount of our trade with China, imports and exports, including those of India, reached in 1857 the amount of £22,122,469, although there was a cessation of the tea trade with Canton. In 1858, even with the effects of the commercial panic of the previous year, and the stoppage of Canton trade, the aggregate commerce with China, British and Indian, was over £20,000,000, exclusive of any colonial trade, Australian, or with the Archipelago. In 1833, the declared value of British manufactures exported to China was only £630,578; in 1840, it was as low as £524,198; and, at the close of the war of 1842, it stood at £969,381. In a few years after the opening of the five new ports to foreign commerce, the value of British goods shipped had increased fully 50 per cent 3 while it has now nearly trebled in value: — Year. Value of the British Value of the Imports Exports to China. from China. £ £ 1849 1,537,100 6,170,672 1850 1,674,145 1851 2,161,268 7,971,491 1852 2,503,599 7,712,771 1853 1,749,597 8,255,215 1851 1,000,716 9,125,040 1855 1,277,944 8,746,590 1856 2,216,123 9,421,648 1857 2,449,982 11,448,639 1858 2,876,447 7,043,000 1859 4,457,631 From the foregoing figures it will be seen that the aggregate direct trade with China may be taken at about £12,000,000, 1857 being an exceptional instance, Although the balance of trade would seem to be largely against us, it is more ap- parent than real, as much of the trade is carried on through India, and we arc equally interested in that, and also in the American trade to some extent. The shipments of silver to China are, however, large in payment for merchandise, as may be seen from the following return : — Exports of Silver to China, from England. £ £ 1850 1851 1852 1853 1854 58,972 102,316 51,816 . 455,676 . 1,920,496 ), to 21 June ., 1855 1856 1857 1858 1859 £1.859,225. . 1,376,773 . 3,166,514 . 4,479,315 . 1,355,117 . 3,374,250 CHI 57 CHI Part of the silver shipped this year is for Government account. For one of our most important articles of consumption we are exclusively dependent upon China, the petty supplies received from India being scarcely worth notice. And it is somewhat strange that, while such strenuous efforts have been made of late years to extend the production of cotton in different countries, so little has been done towards promoting the growth of tea — an article of easy culture and not difficult manufacture, and which pays the grower so well. The import and consumption of tea in this country has more than doubled since the consular ports were thrown open. So also with silk : the demand has been extensive, and China can supply enormous quantities. From a trivial export, silk has become the second great staple of shipment. Although our imports from China have hitherto consisted chiefly of three or four principal staples, there is no reason, looking at the extensive resources of that vast and extended empire, why they should continue so restricted, Something has even been done of late years in this respect. Chinese wool has come in to some extent, having risen in some years to half a million of pounds. Although from its harsh quality, and mixed and dirty character, it is only fitted for coarse woollens, yet it is saleable at low prices. There are other drugs besides camphor, rhubarb, and essential oils to be obtained from thence. A demand has sprung up for sugar, and we can draw supplies from China as well as from Manila. There are other spices, too, besides cassia lignea to be procured from China. In addition to the exports to Great Britain, China exports tea, silk, drugs, and sundries to the continent of Europe, North and South America, Australia, New Zealand, India, and the various settlements of the Eastern Archipelago. The Indian trade, as the figures we have given show, has now reached about £10,000,000 in value, one article, opium, constituting the chief export ; and this since the recent treaty had increased in value by upwards of £1,500,000. The shipments of cotton from India to China would seem to be declining. Whether this arises from a greater demand from England, an increased home production in China, or the internal rebellion, we are not prepared to state. The American imports from China since the opening of the five ports have more than doubled in value. The British interest in the indirect trade, of which we have already spoken, is also worthy of notice. In addition to the large balance against us on the direct trade, we have to provide for that created by the excess of value in exports to Australia, America, &c., all of which are paid for by bills drawn on London. We may except a small portion remitted direct by Australia in gold. India forms the only exception. Her exports amount to over nine millions, while the im- ports are under one million. In this way we settle, indirectly, the balance of trade. The extension and development of commercial intercourse with the nations of the west will materially enlighten the people as to the existing state of manufac- tures, industry, and invention. It will tend to dispel that arrogance and conceit — that jealous feeling which has set its face against familiar intercourse with Europeans, and prohibited them from passing beyond mere coast provinces. INDIAN TRADE WITH CHINA. EXPORTS. IMPORTS. Silk, Drugs, Year. Opium. Cotton. Other Total. and Sundries. Value. \ alue. Articles. Valua £ £ £ £ £ 1849 5,345,719 1,013,512 167,059 6,526,290 831,361 1850 5,543,588 741,504 116,754 6,401,846 809,801 1851 5,074,078 1,160,364 118,093 6,352,535 989,369 1852 6,082,307 2,291,926 148,784 8,523,017 924,159 1853 6,470,916 1,020,444 122.959 7,620,319 866,943 1854 5,802,4C9 808,570 93,695 6,704,734 810,337 1855 5,684,978 639,143 121,013 6,445,134 915,049 1856 5,592,532 810,628 189,793 6,592,953 787,717 1857 6,505,586 715,852 347,546 7,568,984 599,672 1858 8,241,032 394,393 732,312 9,366,837 915,858 CHI 58 CHI CO us 00 CD 1 £6,712 8,475 16,494 13,046 1,205,995 3,953 198,485 2,282 5,106 15,687 18,562 6,743 4,755 198,604 4,201 194 40,303 U5 cf ■a r* £17,628 25,760 28,939 21,224 1,821,040 2,182 266,336 4,359 17,070 63,572 48,211 15,332 10,193 383,190 6,475 1,048 143,288 2,876,447 OO-CO «- WOffl I-.TJ4 HINOf i-H rH|--CO o — > iHINMO CO r- CO I- CM -h 1 <* jjf*£ I sf 1 .1** si S S I I co" id" o >> fi C3 9 US CO CO «>- i-h Oftifl OSS O0CO(NtfS O OO1C1O U5-* OOOCMOJ 05 eoof HJ o eo — o us oo in o io v» co us_© en .03 ({vj ■«* US rH CO CM US f> ** CO CM <« o> CO •0 CN D 3 3 > cooieo05t~~Hi-HCD- OI_CO_ | t-Tof o co of of ecftC—'eoco ©"otf **■->" of 1 rH HO 00 WMHHQ «0 Ctf ■* rH CO 00 CO CM CO 4 — ( 0* g !SOC«OCiNt|iioNCOC)WOhcoM-" N«U5-*!iJOfflNVnOOM»(i5NO CO CO^t^O 00 rH CM CO ■V CO ^ t^OD -h iN CN rH U5" CM" O" Co" O" CO" O" CM" t^ CO" O rH* CO CO •«" rH (>f i-H rH CM CO £0 r-i CO X US CO O «tj «o CM CM S CO trf of 1 I eoioeoo © WfHfh <»rH eioo)i« co *- -h —. t~ co 05C0C0O» CO CO Ol CO 1I5K5 | cfio'iNg 1 2 1 1 ■* ^gf 1 £; 2 1 O CO -^i •— 1 2* ^*" 1 § OO00CMCM O US (M 00 O CO rH OS CO O CM TfCSCO O CO I-H CO rn CM CO H(NN i-h -rH | eo"eo"co"us" | us | | co'eo'co j cm'co" 1 cof^ o^'ostji 11 ef «o eo o US 1 (NOCOCOr-llftO^'t^OOTttaOO'OCOcJXN O(N«<';C>>0fflTOON00NC000'-0>0) CNTTTr^COCOUSO rH_CS cs CO ^-V tt_0O 00 co"ao i-Tco --Tof co"edco"eo cfco"^( ao" O5USUSTj Of OO*" CO ufesf us" CM t>T CM t-Tr-Tr-Tco" of C-f (tj-H«^g O CN-tf-H CO 00 -M £ <§ *»©©fi CO l* CO © 00 Ci —CM lOt^t^ao b- CO 00 © CO CJ r~ ■*!« _rHi^rH ~ *^© eo --< eo *- cm 1 of r-T of 1 cc'r-TtCeornus' 1 -^"co 1 I CN © ' i-htj.* CO ■ COCO ■ ' CM rHrH Tl« rH CO CO !>> ^IS^J 50 >OCN«0 coco -w noon rfoco wen •rt 1 ^J.®!^ ^ "» t- i-h CO CDN C 1 CNcftCfO I TtT 1 1 rnfrf -h~ 1 TftC I a " CO CO'CO'I CO'^rH 1 ' P 00 eo Of ^ 0*" cs 00 c3 a 1 HNffi«IM-< TjtOCiCOMW^OOOOCM riCOUJ(SCB^O)CiCH-Q0-"of tCtCr^tC ^JHihWO CO i-HH-h -q< CO CO 5 O 1 1 ©US0000 h# 00 t» O KS CO «Or»» oo-rrcoco © <--s © © io © voo NOOTf iH © O CO OS US CN rp ~ 1 ofus"cig | cfcfcO-CO- gi 1 g£ 1 1 CO COO* *» rH oo" CO rH* 1 8 CM "9> -H CO OS OCOOS Ol TJC iHint-o eo eo »» t» 00 OSOOt^CM t~ — < O ■* t^ rH | ^ [CffciO'cJ dm u 1 1 CHI 59 CHI w eo 00 II — US t~ 00 ^c^co^ 2 x o X 81 3> toooOojoooeows t- e>» » oo us_oo rr t^ 1© fh" I p4" ©"us eo" t>Too" o~ . 1 |i s i J»0«MU3W»<0 05 CTS OCCONCO o eo ■-< © eo cn s eo us — — c ©^o oo «'« l»- l«»252" III s US I tji cs n eo «o us 2 r-T I e*f (."« 1 e* ' « > 1 © -O-QO 00C3O »^ co ^< os en 1 °°~ I SS s" I us 00 •C5 ei Ig O sS ?»oeo — •-* © t>~ O Ci »-< n *^ — « ^ » t^US t- CM CN TJt ffJ oes us*-* 1 eoao"— us 3D of US X us — *(> us — « eo co c -»J< CO — eT 1 1 Vus 1 cf O 00 s s US us X r O ej t» CS tO US r.(B« o —a *~ t^us US HKI T1"»C ^ 1 iHl-T 1 US N US n e SI 1 _ — Ti V. — II «* 1 « g 1 e3 »• coot* ©O CNJ r-l US N CON OS r oo 1 -i~£l 3 00 «S H on eousei o s "3 ■* , , « © , *-■©»- ,** 1 1 «2 1 w asf sf X "Sgoooo ^ useoo'o as o-« oo t-t-.to.-* &> eieo 1 »J 1 of ©"us* «T Sl| 1 o» on ooeo -* o oo i-c eo WO C0-* us | co us" | eO — N — t»00 cs-«*. O O ■* M Cl (O -i l» " •">_*- w we* cm e* 1 153 OOOOK5H (S © « o o» t~ ;r © o © e» vNtooa O CO ■«• O WO i-O -M Afi<0 ( O CO I I WOO ! •*-ONW O t- i -iftniflOO- t^CN— •aseoeaXi-ir^>~;'««r». ^■^wurtf o«o »_eo o ^ lO'-^o'rT •H.-o'qgafsa' .NOCCOflO a I -" t-'co" ' -< — e» ao -co © o (0 OO ^. O CC O O -H OO eo eo © O) C» X I im wc ■c" "I O t- X CO r- o a> MS ~- — © « CO 3 •o — xowcocooe* eo_.c x ©5 — CM — SO ^ l» i ■«»• ■» us — e* ncioi X tt X I oco'g'i I — C2 t~ I CM t- — I e«ooo«iOfflT|iS)rtB eco^^THfiHO-wco *•* ***cn efcf «ef« eo^f f " **" COtN NfNOOlNTCoO © x ?-> © ocoxo I WSJ X >-l O X — uo t> ' lOlQCefl NNgCO <.-« a ra CO rr. © c^ e>» eo © © eo I | © t t^.x eo co" Tt*«f ' ' cf©"*r © _ — CN *T CO .. ant- eo © © CO h i~ n loooo CC ■* t- *o 1- x o — eo'ef e«f «5 i^ x | o_— o I "5«oi CIN 62 COA CINNAMON. — In 1830 the duty was 6d per lb. on British grown and Is on Foreign, and the consumption was 40,588 lbs. In 1841 it had declined to 15,625lbs., but the duty was then reduced 50 per cent., and in 1852 the consumption had recovered to 36,325 lbs. In the following year the duty was lowered to 2d per lb. alike on British and Foreign, and the consumption in 1859 was 50,789 lbs. In 1860 the duty was wholly removed. CLEARING HOUSE. — In New York a daily clearing house was established by the bankers in October, 1853, and one at Boston in March, 1856. The total sums cleared are nearly 4 millions sterling per day The average sum total cleared in 1854 and 1855 was about 1150 millions sterling, by balances of 60 millions. In the Second Report of the Committee on Banks of Issue, a return was given of the business of the London Clearing House in 1839, the daily clearings being stated at about 3 millions sterling, or 1 \ million per day less than in 1810, and 1 million per day less than the New York clearing of 1854-1856. There must be some mistake in this, for the transactions in the twenty years since must have increased proportionately with the increase of business in the metropolis. Beside the Bankers' clearing house, the Railway Companies established a clearing house in London in 1842 to facilitate the interchange of their business transactions. In 1852 the aggregate annual amount of the accounts examined and settled in the Railway Clearing House was about £3,000,000, which was arranged by a transfer of balances amounting to under £400,000. Besides settling the accounts and apportioning the receipts of the through traffic, it has confided to it by Act of Parliament, legal powers, and the duty of protecting the interests of the associated Companies, in so far as the transactions in which they have a reciprocal interest are concerned, and of securing to each Company an adequate remuneration for the use they respectively make of each other's stock of" carriages, waggons, and sheets or tarpaulins. CLOCKS. — The wood and musical clocks made in the Black Forest, and the Grand Duchy of Baden, are known and appreciated as much for their cheapness as for their construction in eveiy country where clocks are made use of. In 1855 this trade employed no less than 1570 master- workmen, and three times that number of common workmen. The total annual value of the clocks sold exceeds £1,000,000. This manufacture has, however, of late years been trans- ferred by degrees from the mountains of Wurtemberg to the plains of America by the numerous emigrants annually leaving Germany. Formerly the Ameri- cans used to send a large number of wooden clocks to England for exportation to Australia and other colonies ; but now the Germans there are able not only to beat them out of the field, but even to compete successfully with their own German countrymen in the home market of their father-land. The large and rapidly increasing manufacture of this article in America is evident from the following authentic statistics of the trade. In Connecticut there are 7 manufactories, employing 1300 persons, and producing annually 800,000 wooden clocks ; in Bristol 14 manufactories with 400 persons, making 200,000 clocks. Altogether there are in 7 places, 32 manufactories, employing 2500 workmen, and producing annually 1,617,000 wooden clocks. The rates of duty levied on clocks was fixed by the tariff of June 1853, as follows : under 5s value 45 per dozen ; under 12* 6d 8s per dozen ; under +3. 2s each ; under .£10. 4s each; above £10. 10s each. In 1858, 228,417 clocks under 12* 6d value, and 19,211 above that value were imported, nearly all of which, except 5000 or 6000 were retained for home use. CLOVES. — In 1830 the duty was 2s on British, and 3s on Foreign, and the consumption was 60,111 lbs. In 1835 it had increased to y3,533 lbs. and in 1836 the duty was lowered to 6rt per pound for all descriptions. In 1850 the consumption had increased to 175,287 lbs. and in the following year there was a further reduction of duty to 2d per pound. In 1859 the consumption in the United Kingdom was 272,823 lbs. COAL. — The amount annually raised in this country is about sixty-five millions of tons, of which three quarters of a million is consumed by our steam marine, and a similar quantity by the transatlantic steamers; four millions for COA 63 COA domestic and other purposes in London alone, eleven millions in the mills of Manchester and neighbourhood, one million in the salt works, ten millions in gas making, about ten millions more in the provinces, and about twenty-two millions are either wasted or not accounted for. The Newcastle coal-field, the Golconda of England, the black diamond mine out of which our fortunes are dug, yields about sixteen millions of tons annually, and Mr. Nicholas Wood, of Hetton, the prince of English coal viewers, computes that this alone would take 1500 years to exhaust. The thickness of the beds of coal at Liege is about 55 feet ; those of Staffordshire, 151 feet ; those of Ruhr, 134 feet. The export of coal from England reached in 1859, 6,979,800 tons. It is estimated that this country alone could supply the demands of all Europe for 4000 years to come. To give an idea of the dynamic force contained in these enormous masses of coal, it has been estimated that three tons of the material are equivalent to the labour of a man throughout his whole life. In a paper read by Mr. Birch before the Royal Society, it is stated, " That the human labourer exerting his strength upon a treadmill, can raise his own weight, say 150 lbs., through a height of 10,000 feet per day, or something less than two miles vertically." The mechanical virtue of fuel is best estimated by ascei*taining the number of pounds which a given quantity, for instance one bushel, will raise to a given height, say one foot, against gravity. In the steam engine this is called the duty of the fuel. Now the pre- sent maximum duty of one bushel of good coal, in the improved Cornish steam- engine, is equivalent to 100,000,000 lbs. lifted through one foot, but it has been made to raise 125,000,000 feet ; now as there are 84 lbs. in one bushel, this divisor gives one pound, 1,500,000 feet, just the result of a man's toil for one day on the treadmill. Thus a pound of coal is really worth a day's wages. If we estimate a life-time of hard work at twenty years of 300 working days each, we have for a man's total dynamic effect 6000 days, which in coal is represented by the amazingly small amount of three tons. The actual annual expenditure of power in England by coal is represented by the equivalent of 66,000,000 of able-bodied labourers, supposing only 10,000,000 to be used in the production of steam, but the real amount is six-and-a-half-times what is here assumed, if the quantity used as fuel be included. It is interesting to know that, with the exception of 7,000,000 tons of coal exported to foreign countries, the whole of the coal raised is consumed in this country, and that, setting aside the propor- tion employed in our domestic economies, it goes to the production of that gigantic creative power which so distinguishes manufacturing England. The coal power of this country, as compared with the Continental States, connected as it immediately is with our manufacturing capabilities and our commercial relations forms an important section of these statistics. The annual production of— English Tons. France is - 5,490,702 Belgium - 8,285,432 Austria (coal and lignite) 1,162,950 Prussia (coal and peat) _____ 7,454,624 Spain (coal and peat) _____ 144,293 Total produce of the Continent - 22,538,001 The British Islands produce of coal, in every respect superior to that obtained in any foreign State, with the exception of a portion of the Belgian coalfield, is three times this quantity, or, as before stated, 65,000,000 tons. COAL FIELDS.— The following list of the principal coal-fields in the United Kingdom, with the areas of each in square miles, has been computed from the Ordnance and other geological maps, and corrected as far as possible by inquiries and personal knowledge : — ENGLAND AND WALES. Districts. Sq. Miles. Districts. Sq. Miles. Northumberland and Durham - - 840 Cumberland (West) - 96 Yorkshire - 964 Lancashire -_-___ 30S Cheshire ______ 90 North Wales 160 Shropshire ----- 75 Staffordshire - - - - 302 Warwickshire - - - - 105 Forest of Dean - 35 Gloucester and Somerset - - 48 South Wales _ - - _ 1045|[ 40G8 COA 64 COA SCOTLAND. This coal-field extends from Cupar and Dalkeith, on the east, to Irvine and Ayr, on the west coast, with several interruptions ------ Total Great Britain ------- 57G8 IRELAND. The Shannon - 14981 Sligo - - - - - - 307 Kilkenny, South - - - - - 126 Dungannon - - - - - 32 North 205! Ranioan 10=2227 Dundalk »l Total for the United Kingdom - - - - 7995 In Great Britain there are about 1520 collieries. The largest of these are in the counties of Northumberland, Durham, Derby, and Leicestershire. The works in the first two frequently extend over an area of from 400 to 500 acres. The excavated galleries in Killingworth Colliery, Northumberland, extend about 1 60 miles, though the distance from one extreme point to another is not more than 5 miles. The best guide, in this respect, is the length of the air- courses ; and in the Hetton Colliery, Durham, the air has to travel 72 miles through the works. It does this, however, through 17 different galleries, the average distance of which is only 4£ miles. The Haswell Colliery, Durham, has 35 miles of galleries in work, and the air travels through ten ways, of the average distance of 3£ miles each. Seaton Delaval, (Northumberland), has five air-courses, of 1^ mile each. In 1829, Mr. Hugh Taylor, after carefully examining the areas of our coal fields, and computing the quantity of workable coal in each, named 1727 years as the possible period requisite to exhaust the coal fields of Durham and Nor- thumberland. Dr. Buckland regarded Mr. Hugh Taylor's estimate as a very exaggerated one, and was disposed to give 400 years as the probable duration of these fields ; at the same time stating that his estimate was " vague and conjec- tural." But it must not be forgotten that Mr. Hugh Taylor then estimated the coal consumption of the Northern district at 3,960,000 tons per annum, and that of the United Kingdom at 15,580,000 tons ; Mr. Brandling, at the same time, estimating it at only 12,000,000 tons. Mr. G. C. Greenwell estimated, in 1846, the total quantity of merchantable coals remaining in the Northumberland and Durham coal fields, in an acces- sible state, as 1,251,232,504 Newcastle chaldrons, or 3,315,766,135 tons. " If," says that coal engineer, "the annual demand should be equal to 10,000,000 tons, or 3,773,515 Newcastle chaldrons, it will be exhausted in 331 years." At this time, the rapidly increasing demand was the subject of especial remark in Observations addressed to the Coalowners, by Mr. T. John Taylor. Mr. Thomas Y. Hale assumed the total quantity of coal remaining in the Great Northern coal field, in 1853, at 5,575,432,173 tons. " This, divided by 14,000,000 tons annually excavated for sales and pit consumption, gives 365 years ; but if the demand increased to 20,000,000 tons the duration of the coal field would be only 256 years." Now, according to Mr. Robert Hunt's Mineral Statistics, the exhaustion of the Northumberland and Durham coal fields for three succeeding years has been going on at the following rate :— In 1856, 15,492,969 tons; 1857, 15,826,525 tons ; 1858, 15,853,484 tons ; so that at the present rate, assuming the above to represent the facts correctly, the duration of the coal in this district would be about 348 years. The preceding remarks have reference only to the so-called Newcastle coal field, but from these an approximate estimate may be made. The entire area of the " coal measures " of the United Kingdom has been assumed, with a fair approach to correctness, to be 11,859 square miles, or 7,589,760 acres. The area of the " coal beds " is considerably less than this. We may, however, regard the Durham and Northumberland coal fields as being about one-eighth of the entire area from which we draw our fossil fuel. The Mineral Statistics, already quoted, shows the total produce of the United Kingdom in 1856 to have been 66,645,450 tons of coals ; in 1857 COC G5 COD 65,394,707 tons ; in 1858, 65,008,649 tons ; therefore we derive nearly one- fourth of our coals from the Newcastle district, three-fourths are, and will continue to be obtained from the remaining seven-eighths of the British coal fields. Now, after a careful examination of the whole question — con- sidering the rapid exhaustion of the South Staffordshire coal basin, and the enormous drain upon the Yorkshire and Lancashire fields — we are convinced that there exists in the United Kingdom nnworked, but workable, coal sufficient to meet a demand of 70,000,000 tons per annum for 700 vears. COCCULUS IXDICUS.— The imports of this drug are rather considerable. In 1854 there was imported into London 4093 bags and packages. In 1855, 827 bags ; in 1856, 833; and in 1857, 1958. According to the Board of Trade returns, the total imports were 549 cwts. in 1857, and 368 cwts. in 1858; but only a small quantity was taken for consumption. COCHINEAL.— The imports in the five years ending with 1858, have aver- aged 23,000 cwts. Of the 22,237 cwts. valued at £468,587 imported in 1858, 5132 cwts. came from France, the Canary Islands, 6566 from Honduras, 2805 from Central America, 2334 from New Granada, and 3006 from France. Cochineal has been admitted free of duty since 1st March, 1845. The total exports from Guatemala in the last eight years were as follows: — 1851 . 1852. 1853 . 1854. 1,248,852 lbs. 1855. 574,938 „ 1856. 317,077 „ 1857. 2,623,420 „ 1858. 1,567,^04 lbs. 1,824,966 „ 1,481,088 „ 2,012,425 „ COCOANUTS AND COCOANUT OIL.— Cocoanut culture is largely at- tended to in Ceylon, and the resulting products of oil and coir have greatly increased of late years. The exports of cocoanut oil from Ceylon were in 1855, 1,234,081 gallons; in 1856, 1,096,473; and in 1857, 1,767,413 gallons. The whole value of the cocoanut products shipped from Ceylon in 1857 were Nuts no. 1,420,856 value £3.717 Coir rope .... cwts. 18,881 „ 13,984 Coir yarn . „ 31,652 „ 21,364 Copperah or dried cocoanut . „ 20,381 „ 12,143 Oil gals. 1,767,413 „ 223,254 Making an aggregate export value of £274,462 from the cocoanut groves of the island, exclusive of any use of the wood, leaves, and of local consumption of nuts, oil, &c. Although palm oil, from the large quantity which now comes into commerce, has supplanted to a great extent cocoanut oil, the imports of the latter were in 1858, 197,788 cwts., valued at £375,840. There were also im- ported 2,500,000 cocoanuts from various quarters. COD. — The following is a statement of the British caught dried cod fuh exported annually from St. John's, Newfoundland : — Quintals, l Quintals. 1838 724,515 | 1848 928,366 - - 865,377 ; 1849 1,175,167 915,795 j 1850 1,089,1x2 1811 1,009,725 I 1851 1,017,674 1849 1,007,9S0 I 1852 972,021 1^13 - - - - - 936,202 1853 922,718 1844 852,162 18-54 774,117 |0tf 1,000,333 j 1854 831,986 1846 — 1856 1,392,322 1847 837.973 I 1857 1,038,059 In 1848 the average take of cod fish by the French on the Newfoundland shores was stated at about 1,500,000 quintals Taking the cod fishery alone the following was an estimate given by Mr. Matthew Warren in a lecture deli- vered before the Mechanics' Institution, St. John's, in 1857. The fish are valued at 10s the quintal, and the oil at £30 per tun: — F COD GG COD TAKEN BY THE AMERICANS. Value. 1,500,000 quintals of cod fish ----- £750,000 4,500 tuns of cod oil --__.. 135,000 BY THE FRENCH. 1,600,000 quintals offish - - 800,000 4,000 tuns of oil -----_. 120,000 BY THE BRITISH EXTORTED. 1,000,000 quintals of fish - 500,000 4,000 tuns of Oil 120,000 LABRADOR BRITISH FISHING. 300,000 quintals cod fish - - - - - - 150,600 £2,575,000 Making a total of 4,400,000 cwts. of cod fish caught annually on the shores and banks belonging to Newfoundland, worth, with the oil, more than £2,500,000.; and this is exclusive of the seal, salmon, and herring fisheries. The following shows the proportion of cod fish exported from St. John's, New- foundland, to various countries, in 1852, in quintals or cwts. : — Portugal ----- 126,459 Spain 99,097 Italy ----- 32,827 British West Indies - - - 121,176 Brazils - ... - 95,702 British America - 32,333 England ----- H,3ll Scotland ----- 7,003 Ireland ----- 5,014 Other parts - - - - 98,576 629,498 In the report of the British Fisheries Commissioners, for 1858, a detailed abstract is given of the total quantity of cod, ling, and hake cured from the 10th of October, 1820, when the system of encouragement and improvement of the cod fishery commenced, to the year 1858; and from this we are enabled to extract some figures calculated to show the extent of the fisheries : — Quantity Cured Dry. Pickled. Exported Dried Cwts. Barrels. Cwts. In 1821 . 50,235 4,920 19,578 In 1831 . 50,293 3,780 20,168 In 1841 - 76,849 7,038 25,293 In 1851 • 98,903 6,588 24,154 In 1858 - 95,596 4,584 32,152 The branding and punching of cod and ling was discontinued on the 5th Jan. 1850, as well as the collection of returns for England, the duties of the Commis- sioners being now confined to Scotland and the Isle of Man. The bounty up to the 5th April, 1830, was 4s per cwt. for fish cured dried, and 2s Gd per barrel for fish cured in pickle, taken by the crews of vessels or boats not on the tonnage bounty, while the bounty for vessels licensed for the cod and ling fisheries on the tonnage bounty was 50s per ton for tonnage and cargo, up to the 5th July, 1826 j 45s from thence to the 5th July, 1827; 40s to the 5th July, 1828; and 35s to the 5th April, 1830, when the bounties ceased altogether, and have not since been renewed. There is no means of separating fishing boats and men, so as to know how many are specially engaged in the cod fishery. On that part of the coast of Ireland connected with Lough Foyle for nine months in the year the trade continues in cod. The cod fishing commences in October; they move out, and, as the weather settles in spring, the fishermen follow them eight miles out, and finally twenty miles out to Hawden Bank. From the 1st Oct. to the 1st May about 150 boxes of cod are shipped weekly by steamer to Liverpool, and from May to July about 90 boxes per week ; total to Liverpool during the season, 5220 boxes; to Glasgow double that quantity: total, 15,660 boxes, each box contains 14 fish. The fishermen generally contract with the buyers at 7* per dozen of fourteen fish all the year round. Thus the amount received by the fishermen is £5481 annually for cod fish. The buyers pay 3s freight and Gd per box for packing. COD LIVER OIL. The oil obtained from the livers of the common cod and various other allied species is now a very important article of commerce. COD 67 COD The other species from which this oil is procured are the dorse (Morrhua callarius), which yields a white description of oil, the coal fish {Merlangus car- bonarius), the burbot {Lota vulgaris), the ling {Lota molva), and the torsk {Brosmius vulgaris). Most of the cod-oil met with in the London market is the produce of the bank- fisheries of Newfoundland, where, according to Pennant ( Arctic Zoology, vol. 3), it used to be thus procured: — " They take half a tub, and boring a hole through the bottom, press hard down into it a layer of spruce-boughs, upon which they place the livers, and expose the whole apparatus to as sunny a place as possible. As the livers corrupt the oil runs from them, and, straining itself through the spruce-boughs, is caught in a vessel set under the hole in the tub's bottom." At Newhaven, near Edinburgh, the fishermen simply boil the livers in an iron pot, and then filter the oil through a towel containing a little sand. The quantity of oil produced from each quintal of cod is supposed to pay for the labour of sphtting and the salt used in curing. It is not easy to obtain pure cod liver oil. That which comes from Rouen, on the coast of Normandy, is obtained from the boiled livers of the ray fish (Raia bates and R. clavata). A variety from Norway is procured from the roes and entrails of the Gadus species boiled together ; and some sent from Senegal to France is said to be obtained by roasting the entrails of a species of crab, C. ruHcola. So important has this product become, that Messrs. Langton, Brothers, and Scott, of Upper Thames Street, London, have established a special manufacture of cod liver oil at Newfoundland, under the management of a well-known extractor. It is now purified, and rendered beautifully clear. 31,038 gallons of oil were exported from the Gaspe fisheries on the St Lawrence in 1848, and 50,794 gallons in 1849. Newfoundland is the great manufactory of " cod liver oil." Large quantities of this valuable medical oil being made in almost every section of the colony, and manufactures have been set up, and much capital invested in the undertaking. The liver of the cod fish, in years past, was but little valued in the fishing-rooms of the colony. But no sooner had Mr. Fox, an English chemist, arrived with apparatus for rendering the liver, and made known its valuable qualities, than it rose in price, and was much cared for by those in charge of the oil-tubs and fishing-rooms. Mr. Fox also made known the value of the heads of the fish, which had been formerly thrown into the sea, or on the manure heap, from which he manufactured large quantities of superior isinglass ; and from the bones of the head remaining, after the chemical process which had extracted the isinglass, he made (with the addition of other substances) glue ; thus turning what had for a hundred years been thrown aside as offal to valuable account. When the great cod liver oil mania commenced, the discovery was looked upon as a new one ; but it appears from inquiries into the subject, that the discovery was made, half a century ago, by Monsieur L'Artone, a French chemist, " who ex- tracted oil from the liver of the cod-fish, by which means he was enabled to perform many miraculous cures in cases of consumption." Newfoundland, perhaps, possesses greater facilities for the manufacture of this oil than any other portion of the world. The method of extracting oil from the cod-livers by steam is employed in one establishment at St. John's, Newfoundland, producing so very superior an article, that a medal was awarded for it at the Great Exhibition in 1851. There is also an establishment at Blanc Sablon for the same purpose. In 1845 but 3527 gallons of cod-oil were exported from Newfoundland. In 1857 it had risen to 496,833 gallons, besides 327 tuns and 150 gallons of manufactured or refined cod liver oil. In the north of Germany cod liver oil was in use nearly a quarter of a century ago as an article of established reputation in their Materia Medica ; and a good account of it is to be found in Rieke's Neuern Arzneimittel, published in 1837. The common and most impure specimens of the oil are much used in the leather manufactories of Holland and the North of Germany. It is supposed to possess the power of dissolving and removing the gelatinous matter of the hide. COD G8 COP As a popular remedy in cases of scrofula, rheumatism, and consumption, it has long enjoyed a high reputation. The dose for an adult is from one to three table-spoonfuls three times a day ; for children the same number of tea-spoonfuls. In the preparation of the oil putrefaction and charring should be especiallyavoided. Dr. Bennett has published a treatise on cod liver oil, in which he alludes to four distinct varieties, the white, yellow, red, and brown. The classification is, however, arbitrary, as the difference appears to depend upon the degree of care used in preparing it, the heat and pressure employed, and the comparative freedom from impurities. COFFEE. Some interesting facts come out in comparing the quantities con- sumed in different countries. Among European States, Belgium stands highest, and England lowest. In Belgium, the consumption in 1855 was 44,409,860 lbs., which with a population of 4,426,202, gives about 10 lbs. for each individual, while chicory being home grown and untaxed, is also used in prodigious quanti- ties. In Denmark, with a population of 1,400,000, the consumption in 1852 was 6,899,158 lbs., or nearly 5 lbs. per head, besides one-third as much chicory in ad- dition. The States of the German Union, numbering 32,559,173 inhabitants, consumed in 1855 125£ million pounds, or close upon 4 lbs. for each taken on an average, but this includes chicory and other coffee substitutes. In France in 1857 the consumption was 62,000,000 lbs. to a population of 36,000,000, or not quite 2 lbs. per head, but the consumption of chicory is also very large. In the United States the consumption averages about 200,000,000 lbs. to a population of 27 millions, or nearly 8 lbs. per head. Coming now to our own country, Great Britain, we find the consumption has scarcely varied for many years at 1 \ lbs. per head per annum. There is, however, a growing taste for tea in this country which has been continuous, it being found that in use one pound of tea goes as far as three of coffee. In the United States there is no duty on either tea or coffee. The Americans consume about four times as much coffee as tea. Taking tea and coffee together, their average is about 8 pounds, while ours is under 5 pounds. The consumption of the southern portion of the Union is and always has been much greater in proportion to the population than that of the northern and eastern States, owing to the fact that the bulk of the residents of that section of the country use coffee as a beverage both at the morning and evening meal, and indeed not a small part consider the coffee urn an indispen- sable accessory even to the dining table. Consumption of Coffee in Great Britain. Years. Population. Consumption. Rate of Duty on B. P. Consumption per Head. Tax per Head. 1841 1851 1859 18,687,537 21,000,000 23,000,000 Lbs. 28,370,857 32,504,545 34,492,947 s. d. 6 3 3 Lbs. 1.515 1.647 1.498 s. d. 10A 5 4,1 The rapid decline in the consumption of coffee, which fell six millions of pounds in 1850 as compared with 1847, has of late years been somewhat re- covered by the exertions made by the Ceylon coffee planters to prevent the frau- dulent sale of chicory for coffee, by which the unprincipled retail vendors of ground coffee obtained more than cent per cent profit. The sources of supply have veiy much altered in the last quarter of a century. Of the 65,353,029 lbs. imported in 1859, 42,364,978 lbs. came from Ceylon, 9,343,923 lbs. from the West Indian and other British possessions, 4,700,000 lbs. fro n Brazil, and the same quantity from Central America, and 4,253,000 from other countries. COF COF Distribution of the Coffee Crop of Ceylon for Four Years to 30th September in each Year. 1855-6. 1856-7. 1857-8. 1858-9. Places. Plan, and Plan, and Plan, and Plan, and Native. Native. Native. Native. Cwts. Cwts. Cwts. Cwts. London 334.380 284,822 381,460 402,405 Liverpool 4,186 13,938 11,320 10,625 Gibraltar 5.G57 7,575 France 38,878 litsa 47,874 lio',640 Falmouth 133 20,449 13,638 Rotterdam 33,075 8,205 United States 16,503 '5,000 13,532 Australia 6,016 33,227 14,222 11,881 Mauritius 3,837 1,794 6,702 3,247 Maulmein 64 . . . Belle Isle 12,(520 Pamboeuf 5,516 Amsterdam 12,014 21,8*87 . . . *7,*042 Genoa 4,455 , . . . . . P'enang 1,527 Monte Video ' 172 Antwerp 7,842 Bremen ' ' 9 5,535 Trieste '6,9*50 Mediterranean 3,781 Calcutta 1,250 ' 1*003 Hamburg 1,129 Cherbourg 6,906 . . . Lost in Sibella 9,885 Bombay - " *258 Akyab 804 Madras 1,212 Egypt 60 T otal 446,198 545,913 552,643 584,552 The following table carries down the information given in the body of the work respecting coffee to the present time. Account of the quantities of coffee imported, exported, and consumed in the United Kingdom; with the rates of import duty, revenue arising therefrom, and price of fine West India coffee, in bond, in July of each year named: — Years. 1840 1841 1842 1843 1844 1849 1846 1847 1848 1819 1850 1851 18-12 1853 1854 1855 1856 1857 1858 1859 53,110,CG0 54.935,510 55,634,733 66,500,358 64,061,479 56,992,116 48,892,72f 60,697,214 65,353,329 Imported. Exported. Cwt. 70,250,766 43,317,762 41,444,414 38,912,469 46,523,188 50,377,915 51,813,651 55,354,044 57,053,450 63,315,78 50,803,152 Cwt. 12,707,414 14,274,096 9,505,644 12,683,443 6,305,982 19,220,621 11,739,999 13,358,802 24,088,477 34,852,083 12,169,752 22,712,859 12,937,552 26,656,892 32,589,111 28,766,528 27,602,836 15,782,710 28,761,314 29,580,779 Duty per lb. B. Pos. 6d per lb. For. from B. P. 9d per lb. E. L Is, others Is 3d. From July 9, 1842 B.P. 4Jdlb. Foreign Countries 8£d lb. I B. P. 4d, For. 6d lb. from ) I 6 June, 1844. j f After 15April, 1851, both ] ) kinds of raw Coffee 3d. ] Kiln dried, 3d, ground 6d. I After 4 June, 1853, both ) ' kinds, raw 3d, dried 4d. J ( After 21April, 1855, both j I raw 4d, dried 5d lb. j After 6 April, 1857, both ) kinds, 3d raw, dried or > ground 4d. ) Revenue. Price per Cwt. £ 8. 8. 921,551 887,747 768,886 697,376 681,616 717,871 756 838 746,436 709,632 20 to 110 642,520 20... 100 565,659 30 ... 92 444,670 36 ... 80 438,076 35... 75 463,666 50 ... 90 468,392 50 ... 86 547,887 47... 90 586,767 48 ... 85 456,805 69 442,120 66 431,361 COF 70 COF The gross revenue is given subsequent to 1851; the net revenue in previous year. The imports and consumption of coffee in France have been: — IN KILOGRAMMES OF TWO AND ONE-FIFTH LBS. Imports. Consumption. 1848 27,456,293 14,862,334 1849 31,697,746 18,150,865 1850 22,672,043 15,363,535 1851 31,990,450 18,659,248 1852 34,403,195 21,573,322 1853 27,783,261 19,946,762 1851 34,977,033 21,720,009 1855 34,915,120 26,740,593 1856 40,090,439 23,222,436 1857 53,650,474 27,997,432 The imports of coffee into the United States have been as follows:- Quantity, lbs. Value. Dollars. Taken for Consumption. lbs. 1848 - - - 150,559,138 1849 - 165,334,700 1850 - - - 144,986 895 1851 -J 216,043,870 1852 - 205,542,855 1853 - - 193,112,300 1854 - - 182,470,853 1855 - 238,214,533 1856 - - -! 235,865,268 1857 - 240,676,227 1858 - 189,211,300 8,199,129 9,058,352 11,215,076 15,5*2*5,954 18,3*4*1,081 208,5*2*0,910 204,991,595 175,687,790 179,481,983 216,438,375 165,974,720 174,769,920 The following figures show the production and consumption of coffee, in the principal countries:— PRODUCTION IN MILLIONS OF POUNDS. - 1832. 1841. 1845. 1850. 1855. Brazil ------ 80,6 156,8 180 302 320 Java ------ 40,3 1,120 120 140 125 Cuba and Porto Rico - 56,0 56,0 25 30 20 St. Domingo - - - - 44,8 33,6 30 30 40 British West Indies - - - 24,6 13,4 12 16 5 Sumatra, Mocha, Bourbon, &c. - 44,8 24,6 25 20 20 British India and Cevlon 6,7 6,7 10 32 62 French and Dutch West Indies - 17,9 6,7 6 14 3 La Guayra and Costa lUca - 13,4 22,4 20 29 15 329,1 432,2 428 610 610 CONSUMPTION OF THE CHIEF COUNTRIES IN MILLIONS OF POUNDS. 1832. 1841. 1845. 1850. 1855. Holland and Netherlands - -j 90,7 Germany and North Europe - 71,7 France and South Europe - - 78,4 Great Britain - - - - 22,9 United States & BritishN. America 82,0 112,0 89,6 89,6 27,2 117,0 125,0 100,0 95,0 34,3 135,0 108,0 175,0 105,0 41,1 140,0 140,0 170,0 110,0 35,7 210,5 315,7 435,4 4S9,3 559,1 66(5,2 COI 71 COL COIR. — The imports of coir rope, twine, and strands, chiefly from Ceylon and India, was, in 1858, 81,138 cwts., valued at £103,880, against 75,510 cwts., valued at £101,939 in 1857. Coir yarn is much used for cocoa-nut matting, an article largely manufactured for door-mats, covering hall floors, public rooms, &c. COLONY. — Since this work was published, the following changes have taken place in British colonies: — In North America, Great Britain has extended her colonial possessions by taking over the Bed River Settlement and Vancouver Island from the Hudson's Bay Company, and founded a new colony in British Columbia, in the North-west territory. In Africa, the island of Fernando Po has been given back to Spain; a new colony has been formed at Natal, and the British possessions in Northern Africa further extended by the occupation of British Kaffraria. In Australasia, Victoria to the south, and Queen's Land to the north, have been separated from New South Wales, and made indepen- dent Governments. Swan River and King George's Sound constitute one colony under the name of Western Australia. The name of Van Diemen's Land has been changed to Tasmania. The New Zealand islands, although forming one colony, have been divided into seven or eight separate and inde- pendent provinces. In the East we have taken possession of Hong-Kong and Labuan, although these cannot be termed colonies. In the Pacific the sove- reignty of the Feejee Isles has been accepted, and Norfolk Island colonised by the transfer of the descendants of the mutineers of the Bounty from Pitcairn's Island. France has taken possession of a portion of Cochin China, and of Gaboon, in Western Africa. Denmark has given up to us Serampore, in Bengal. The cost of the several colonies of the British empire at the expense of the British Exchequer, in the year 1857, amounted to no less than £4,115,757, against £4,887,957 in 1856, £4,804,956 in 1855, £4,466,201 in 1854, and £3,845.018 in 1853. In 1857 the list was as follows:— Gibraltar, £423,589; Malta, 442,722; the Cape of Good Hope, £682,015; Mauritius, £74,881 ; Bermuda, £156,061; St. Helena, 62,640; Heligoland, £1,274; the Ionian Islands, £109,470; the Falklands, £6,523; Hong Kong, £303,735; Jamaica, £103,761 ; the Bahamas, £52,045 ; Honduras, 33,802; West Indies, £305,981; Canada, £236,484; Nova Scotia, £154,605; New Brunswick, £9,430; Prince Edward's Island, £1,500; Newfoundland, £20,114 ; Vancou- ver's Island, .£210; the West Coast of Africa, £126,039 ; Ceylon, £119,279 ; Labuan, £12,445 ; North Australia, £5,666 ; West Australia, £94,769 ; South Australia, £9,940; Victoria, 44,113; New South Wales, £59,646; Tasmania, £96,936 ; and New Zealand, £112,395. The following table, from the Board of Trade returns, shows the increase of exports to the principal British Colonies between 1843-47: — Ionian Islands - - - - 90 per cent, i Sierra Leone - - - - 172 per cent. Ea*t Indies - - - - 139 „ Cape Colony - - - - 270 „ Mauritius - - - - 157 „ Australia - - - - 792 „ N. A. Colonies - 146 j Our export trade of British produce and manufactures to the various British possessions amounted, in declared value, in 1859, to £46,125,046, or nearly one- third of the whole shipments. COLOUR TRADE. — The export trade in painters' colours has largely in- creased of late years, owing to the extension of emigration and progress of set- tlement in the colonies. In 1859 the value of the shipments was £460,374. The chief quarters to which they are sent are, Australia, British America, the United Suites, the East Indies, and the Continent. COM 72 COM COMMERCE.— Statement op the Amount of the Foreign Colonial Trade of the United Kingdom, from 1840 to 1859: — Official Value. Real or Declared Value of British and Years. Imports of Exports of Expoi'ts of Bri- Irish Produce and Foreign and Foreign and tish and Irish Manufactures Colonial Colonial Produce and Exported. Merchandize. Merchandize. Manufactures. 1840 £67,492,710 £13,774,K!5 £102,706,850 £51,406,430 1841 64,444,268 14,723,373 102,179,514 51,634,623 1842 - - 65,253,286 13,586 422 100,255,389 47,381,023 1843 70,214,912 13,956,288 117,876,659 52,279,709 1844 75,449 374 14,398,177 131,558,477 58,584 292 1845 85,297,508 1^,279,318 134,598'584 60,111,082 1846 75,934,022 16,296,162 132,312,894 57,786,876 1847 90,921,866 20,040 979 126,131,029 58.842,377 1848 93,547,134 18,375,886 132,619,154 52,849,445 1849 105,874,607 25,509 670 164,539,504 63,596,025 1850 100,460,433 21,874,212 175,416,709 71,367,885 1851 110,484,997 23,729,016 190,658,314 74,448,722 1852 109,331,158 23,328,308 196,176,601 78,076,854 1853 123,099,313 27,744,772 214,327,454 98,933,781 1854 152,389.053 18,(;3ti,366 94,184,726 1855 143,542,850 21,003,215 95,688,085 1856 175,544,154 23 393,405 115,826,948 1857 187,844,141 24,108,194 122,066,107 1858 164,5S:3,832 23,174,023 116,668,756 1859 130,440,427 CHRONOLOGICAL SUMMARY OF THE PRINCIPAL EVENTS AFFECTING BRITISH COMMERCE, FROM 1841 TO 1860. 1841. Jan. 20. A circu\ar is addressed by Captain Elliott to British subjects in China, announcing that arrangements have been made with the Government of China to the following effect :— 1. The cession of the island and harbour of Hong Kong to the British Crown. All just charges and duties to the empire upon the commerce carried on there to be paid as if the trade were to be con- ducted at Whampoa, 2. An indemnity to the British Government of 6,000,000 dollars (1,000,000 payable at once), and the remainder in equal annual instal- ments, ending in 1846. 3. Direct com- mercial intercourse between the two countries upon an equal footing. 4. The trade of the port of Canton to be opened within ten days of the Chinese new year, and to be carried on at Whampoa until further arrangements are practi- cable at the new settlement. — — Feb. 5. The Pennsylvania Bank sus- pends payment, and is followed by other banks in Philadelphia, Baltimore, and other place3, but those of New York and New England continue specie pay- ments. Feb. 10. The Upper and Lower Pro- vinces of Canada united by special act, and Lord Sydenham sworn in as Gov.- General. Feb. 25. The Bogue Forts of the city of Canton captured by the British; the city almost deserted by its inhabitants. March 26. A suspension of hostilities proclaimed by Captain Elliott, chief su- perintendent of British commerce in China, and the trade of the port of Canton declared open. j 1841. May 16. Yucatan declares its indepen- dence of Mexico, and frames a constitu- tion at Merida, — May 21. The foreign trade of Canton again suspended, and hostilities re- newed between the Chinese and Eng- lish. The British troops took posses- sion after a severe action on the 25th, and on the 27th a capitulation took place, by which the Chinese agreed to pay 6,000,000 dollars in one week, as a ransom for the city; also that the Chinese troops, except those of the pro- vince, should be withdrawn within six days sixty miles into the interior, and that all losses sustained from the par- tial destruction of the factories should be paid. The sum stipulated was duly paid. — July 13. A treaty for the settlement of the affairs of the East between the Sul- tan of Turkey and the Pacha of Egypt, signed at London by the representatives of Austria, France, Great Britain, Prus- sia, and Russia, by which the hereditary possession of Egypt is confined to Me- hemet Ali and his descendants in a- direct line. The annual contribution of Egypt to the Porte is fixed at 80,000 purses, or £400,000. The Viceroy not to be allowed to build aship of warwith- out the permission of the Sultan. — Aug. 27, The Chinese fortress of Amoy captured by the British forces under Sir H. Pottinger. — Oct. 1. The Chinese Island of Chusan captured ty the British forces under Sir H. Gough. — Dec. 20. A treaty for the suppression of the African slave trade, allowing a COM COM mutual and limited right of search, signed at London by the representatives of Great Britain, France, Austria, Prus- sia, and Russia 1842. Jan. fit. Insurrection in Afghanistan. 6000 British troops massacred. A por- tion of the Canton ransom, £550,000, arrived in London. March 11. Sir Robert Peel proposes an income-tax of about three per cent. March 18. Chinese try to retake Ningpo. Aug. 10—18. Serious disturbances in the manufacturing districts, and a ge- neral turn-out for higher wages. — — Aug. 20. The Maine boundary treaty settled at Washington by Lord Ash- burton and Daniel Webster. Aug. 29. Treaty of peace between Great Britain and China concluded near Nan- kin. The Chinese agree to pay 21,000,000 dollars in four years, to open five of their principal ports, Canton, Amoy, Foochoo-fow, Ningpo, and Shanghae to resident Consuls and to British com- merce, and to cede the Island of Hong Kong in perpetuity to the English Go- vernment. - Sept. 13. General Pollock defeats an Affghan army, 13,000 strong, and a few days afterwards occupies Cabul. Sept. 23. A great fire at Liverpool des- troys twenty warehouses, many dwell- ing houses, and property to the value of half a million. Oct. 1. The Affghan war terminated by proclamation of the Governor-General. Dec. 31. The Great Seal of England affixed to the treaty between the Bri- tish Government and China. 1S43. March 23. Annexation of Scinde to the British Empire by order of the Go- vernor-General of India. Jan. A treaty of commerce and na- vigation between England and Russia settled. April. A memorial from the Bombay Chamber of Commerce, complaining of the interference of the East India Com- pany with respect to the rates of ex- change, presented to the Board of Control. Aug. 26. A dreadful fire at Kingston, Jamaica, 400 houses reduced to ashes, and property amounting to nearly hall a million sterli'iir destroyed. June 24. The Act of Incorporation for the new Bank of Madras published, and the bank opened July 1. June 26. The ratifications of the treaty of peace with China exchanged and proclaimed at Hong Kong. 1813. Jan. 9. A fire at Port-au-Prince, St. Do- mingo, destroys twelve squares, 600 buildings, and property valued at 4,000,000 dollars. Feb. 17. Sir Charles Napier, with 2S00 British troops, defeats 22,000 Belooches in India. March 15. A great fire at Valparaiso destroys property of the value of 1,500,000 dollars. . Oct. 24. A destructive fire occurred at Canton, by which more than 1400 houses were burnt, includingthe Danish factory, Turner's factorv, and part of the French factory, I 1843. Nov. 5. A French squadron takes pos- session of the Society Islands, deposing Queen Pomare. 1844. April 1. A Supplementary Treaty with China presented to Parliament. - June 1. The Emperor of Russia arrives in London on a visit to the Queen, and leaves on the 9th. June 22. The third instalment of the Chinese ransom (1,000,000 dollars) re- ceived in London. April 12. A treaty of annexation of Texas to the United States, signed by President Tyler, but rejected by the Senate on the 8th June. August. Tangiers and Mogadore, in Morocco, bombarded, and the fortifica- tions destroyed by the French fleet. Sept. 10. Peace concluded between France and Morocco, in which all the demands of the former Power were granted. Oct. 24. Buenos Ayres declared in a state of blockade by England and France. — — Nov. 20. The troops of General Rosas defeated on the Parana by the combined English and French force. — — Dec. 11. Sir Robert Peel's Ministry resigns on the question of the abolition of the Corn laws, but, upon the failure of Lord John Russell to form a Ministry, resumes office. Dec. 21. The Sikh army, numbering 30,000 men, defeated by the British forces on the Sutlej. Oct. 28. TheNew Royal Exchange opened in state by Queen Victoria. 1845. Feb. 3. A fire destroys one- fourth of the city of Bridgetown, Barbados, and property to the amount of two million dollars. May 28. A dreadful fire took place in Quebec, Canada, in which more than 1500 buildings were consumed, and pro- perty to the amount of several million dollars destroyed. June 28. A second dreadful fire takes place at Quebec, reducing another third part of the city to ruins; 1300 dwellings destroyed, and at least 6000 persons rendered houseless. July 19. A destructive fire breaks out in the city of New York, destroying 302 stores and dwelling houses, and property to the amount of 6,000,000 dollars. Feb. 10. Sir Hugh Gough with 20,000 men defeats the Sikh anny numbering 36,000, and drives them across the Sutlej with a loss of 10,000 killed and wounded, while the British loss was only 2,400. Feb. 28. The measures of Sir Robert Peel for reforming the Corn Laws and the general system of Trade, carried in the House of Commons by a majority of 97. May 29. The BiU for the Repeal of the Corn Laws passed its second reading in the House of Lords by a majority of 47. June 12. A most disastrous fire occurred at St John's, Newfoundland, by which nearly the whole town was destroyed. All the public buildings were burnt, and nearly 6000 persons had to pass the succeeding night in the open air, The loss of property was estimated at a mil- lion sterling. COM 74 COM 1845. July 3. A Bill for reducing the Duty on Imports repealing the tariff of 1842, passed the American House of Re- presentatives in Congress, abolishing all specific duties and minimums. It was only carried in the Senate on July 28, by the casting vote of the Vice- President. 1847. April 26. The Bogue forts in the China Seas captured and destroyed by the British under General Daguilar and Sir John Davis. 1849. Oct. 15. A Treasury circular announces that after January 1, 1850, British ves- sels from British or other ports will be allowed to enter American ports with cargoes, the produce of any part of the world, on the same terms as to duties, imports, and charges as vessels of the United States and their cargoes. Dec 24. A l&rge fire at San Francisco, California, consumed 1,500,000 dollars worth of property. 1850. Dec. France protests and Lord Palmer- ston remonstrates at Vienna against the proposed extension of the Germanic Confederation beyond the Alps. 1851. May 1. The Exhibition of the Works of Industry of All Nations in Hyde Park, inaugurated by Queen Victoria. Dec. 2. Coup d'etat by Louis Napoleon. Paris occupied by troops. National Assembly and Council of State dissolved and Universal Suffrage re-established. 1852. May. Offensive operations carried on against the King of Ava by General Godwin; Martaban and Rassein taken. June 1. The first Submarine Cable, 80 miles long, successfully laid. June 17. The islands Kuatan, Bonaeca, Utilla, Barbarat, Helene and Morat, in the Bay of Honduras, constituted into a British colony under the name of "The Bay Islands." July 8. A tremendous fire broke out at Montreal which raged two or three days, destroying more than 1100 houses and rendering upwards of 12,000 people houseless. 1853 Nov. 30. A Turkish squadron destroyed by the Russians at Sinope, in the Black Sea. Dec. 10. The French and British Fleets enter the Black Sea. 1854. March 11. Queen Victoria reviews the fleet, under the command of Sir Charles Napier, at Portsmouth, before it leaves for the Baltic. April 11. The Emperor Nicholas issues a manifesto to all his Russian subjects stating the object of the war with Tur- key and the Allied Powers. April 12. The French squadron sails from Brest to join the British fleet in the Baltic. April 22. Odessa bombarded by the Allied fleets. April 30. The first railway opened in Brazil. March. The Chancellor of the Exche- quer announces an intended increase of the property tax, and an issue of £1,750,000 of unfunded debt. A French loan of £10,000,000 and one for Turkey of £2,750,000 announced. March 26. The declaration of war against Russia published in a supplement to the London Gazette. Numerous failures occurred. 1854. April. £6,000,000 of Exchequer bills ne- gociated by Mr. Gladstone. June 10. The Crystal Palace at Syden- ham, opened by Queen Victoria. Dec. The war exercises a depressing influence on trade, which also suffers from the changes which had taken place in our mercantile relations with Austra- lia and America. 1856. Feb. 18. The Chancellor of the Exche- quer notifies the intention of the Go- vernment to raise a loan for £5,000,000 and to fund Exchequer Bills to the amount of £8,000,000. April 2. The Czar authorizes the ex- portation of wheat from all the Russian ports. April 5. The Sultan's permission for the establishment of the Ottoman Bank received in London. April 15. A treaty signed between Eng- land, France, and Austria guaranteeing the independence and integrity of the Ottoman Empire. April 20. The ports of Greytown and San Juan del Norte are blockaded by a fleet of French, English, and American — — April 28. The treaty of peace with Russia is published, and formally pro- claimed on the 29th. May 9. The Government of Denmark publish a protocol containing proposals for the redemption of the Sound Dues, to which the Governments of Russia, Swe- den, and the Grand Duchy of Olden- burg had given their official adhesion. 1856. July 15. The district of Natal, Southern Africa, constituted a separate colony. August 2. News from Monte Video re- ports the passing of a law by the Argen- tine Confederation, levying double duty on goods shipped from Buenos Ayres and Uruguay, in order to enforce a direct trade, with Europe. Nov. 8. The Chinese at Canton attempt to destroy the British ships by fire-rafts. Nov. 21. The Board of Trade notify that Carthagena, New Granada, is declared a free port. Dec. 9. A treaty is concluded after two years negociation between Great Britain and the Sultan of Morocco and Fez. 1858. Jan. 14. Austria refuses, in correspon- dence with France on the navigation of the Danube, to recognise the right of the parties to the Treaty of March 30, to in- terfere with the Riverian convention. — — Jan. 5. Commissioner Yeh is captured at Canton, and sent a prisoner on board the Inflexible. Feb. 10. The blockade of Canton is raised Feb. 12. Lord Palmerston moves for leave to bring in a bill to transfer from the East India Company tothe Crown the government of Her Majesty's East India dominions. March 22. Commissioner Yeh arrives at Calcutta. March 24. A loan of £5,000,000 for the East India Company is announced in London, with interest at 5 per cent. COM 75 COM 1853. April 13. A fearful conflagration breaks out at Christiana ; the Bank, the Exche quer, and a great portion of the city destroyed, the loss being estimated at about 10,000,000 francs. — - April 23. A resolution is agreed to in the House of Commons, imposing a duty of one penny on bankers' cheques. April 27. Afire occurs at St, Katharine's Docks which destroys property valued at about £100,000. April 29. The allied English and French Fleets are at anchor at the mouth of the Peiho, and six days are granted to China for a reply to the demands of the Plenipotentiaries. - April 30. The Chancellor of the Exche- quer moves a resolution " That it is ex- pedient to transfer the government of India to the Crown," which is agreed to. May 17. The United States by Treaty guarantee the perpetual sovereignty and neutrality of the State of Panama. May 20. The Chinese forts at the mouth of the Peiho are captured by the Eng- lish and French forces, May 25. The bill imposing a penny stamp on cheques comes into operation. June 2. A Convention is concluded be- tween the British and Brazilian Govern- ments relating to outstanding claims with Brazil. June 11. The Board of Trade notifies that by Imperial decree a new system is established for the measurement of ves- sels in Russia. June 13. Russia and America sign Treaties of Peace with China, which country is now thrown open to the com- merce of Europe, A previous Treaty with Russia, made 28 May, fixes the southern limits of the Russian frontier, leaving the left bank of the Amoor in possession of the latter Power. — — June 21. A fire breaks out at Fresh Wharf, Lower Thames Street, destroy- ing property valued at £100,000. June 26. The Treaty of Tien-tsin, con- sisting of 56 articles, is signed by the Earl of Elgin and the Chinese Imperial [ Commissioner. — — June 29. A most destructive fire breaks : out in the London Docks which rages ' for several houvs, accompanied by tre- mendous explosions from the saltpetre warehouses; the loss is computed at about £150,000. July 13. A Russian ukase imposes a duty of five copecs per rouble upon all articles of European imports and ex- ports, except raw and refined sugars. — — Aug. 4. The Mersey Dock Board hav- ing completed a capacious dock at the north end of Liverpool, intended for the accommodation of the timber trade, name it the Canada Dock. - Aug. 5. Telegraphic communication es- tablished across the Atlantic from Valencia, Ireland, to Trinity Bay, New- foundland. Aug. 11. The Netherlands Government declares the following ports open f.oin the 1st June, 1859, to the ships of all na- tions. In Java: Anjer, Bantam, Indra- uiayoe, Cheribon, Tagal, Pekalongan, Rembang, Passaroewang, Probolingo, Bezoeki, Panoroekan, Banjoewangie, Pangool, Patjitan, Tjilatjap, and Wyn- koopsbay. In Sumatra: Natal and Priaman. In Borneo : Sampit 1853. Aug. 19. A Convention signed at Paris by the Plenipotentaries of France, Great Britain, Austria, Prussia, Russia, Sar- dinia, and Turkey, organizes the Princi- palities of Moldavia and Wallachia into united States under the sovereignty of the Sultan. Aug. 26. Lord Elgin concludes atYeddo a treaty of commerce with Japan, by which a permanent British mission is agreed to, and resident Consuls at the ports thrown open to commerce. The ports fixed upon are Hakodadi, Kanagawa, and Nagasaki, at which British trade is permitted from the 1st July, 1859. Neee- gata to be opened on the 1st Jan. 1860; Hiogo on the 1st Jan. 1863; Yeddo, in Jan. 1862, and Oasaca in 1863. Sept 1. The last sitting of the Court of Directors of the East India Company ; a new Council for India under a Secretary of State having been appointed. A grand celebration at New York and many other American cities, in honour of the successful laying of the Atlantic Submarine Cable. Sept 13. The port ofVillafranca is ceded for 20 years to Russia by Turin. Nov. 1. A Royal proclamation issued transferring the government of India to the Crown, and nominating Lord Can- ning Viceroy. Nov. 1. A decimal system of weights and measures, similar to that of France, comes into operation in Saxony. The new Austrian currency is circulated, and the National Bank resumes its cash pay- ments. Nov. 2. Electric communication is opened between the towns of Melbourne, Sydney, and Adelaide. Nov. 6. The new Chinese Tariff and trade regulations are signed by Lord Elgin at Shanghae. Nov. 11. Russia notifies to Austria its intention to terminate the Treaty of commerce concluded July 8, 1856, for eight years, but determinable at any time by a previous notice of 12 months. — — Nov. 13. A fire at Valparaiso destroys property to the amount of 3,000,000 dol- lars. Dec, 3. The first through train on the Suez railroad crosses the Isthmus in 11 hours from Suez to Alexandria. Dec. 18. By a decree of the President of the Dominican Republic, the ports of Samana, Romana, and Monte Christi, in St. Domingo, are declared closed to foreign commerce. Dec. 31. A new treaty of commerce and navigation concluded between Great Britain and Russia. 1859. Jan. 2. By a Treaty of alliance at Rio, between Brazil, the Argentine Confede- ration, and Uruguay, the independence and integrity of the latter State is guaranteed. Jan. 15. General Giffraid, the new Pre- sident of the Republic of Hayti, opens by a decree to commerce the ports of St COM 7G COM Mark, Miragoane, Aquin, and Port de Paix. 1859. Jan. 18. A treaty of commerce, naviga- tion, and friendship concluded between the State of Nicaragua and Great Britain, by which the neutrality of the Isthmus is recognised. — — April 26. The King of Sardinia refuses to comply with the summons of Austria to disarm. The French Charge d' Af- faires at Vienna announces to the Aus- trian Government that the French Em- peror would consider the crossing of the Ticino by the Austrian troops as a decla- ration of war. April 29. The Emperor of Austria pub- lishes his declaration of war, and his troops cross the Ticino. May 3. The French Emperor publishes his declaration of war. May 7. A French loan for £20,000,000 opened. May 10. The Emperor Napoleon leaves Paris for the seat of war. May 20. The battle of Montebello fought, in which the allies defeat the Austrians. June 4. The battle of Magenta fought, and on the 8th the French Emperor and King of Sardinia enter Milan. COMMERCIAL TREATIES.--The following is a list of the countries with which we now have Treaties of Commerce, Navigation, and Reciprocity. 1859. June 24. Battle of Solferino fought, in which the Austrians are defeated, but with very heavy loss on both sides. June 25. The English and French at- tempting to force the passage of the Peiho, are repulsed by the Chinese with a loss of 634 killed and wounded, the loss of 3 gun boats, and others greatly injured. July 9. The island of San Juan, near Vancouver's Island, taken possession of by General Harney with the United States troops. Governor Douglass, of British Columbia, protests. July 1 1. A Treaty of Peace signed by the Emperors of France and Austria at Villafranca. July 25. A strike commences among the builders of London for shorter work- ing hours, which is continued for many months. Oct. 22. Announcement made in the Spanish Cortds by General O'Donnell that Spain was about to commence war with Morocco. 1860. Jan. 20. A Treaty of Commerce signed at Paris between Her Majesty and the French, by which important commercial concessions in respect to duties are made by each nation. Abyssinia Austria Bavaria Belgium Bolivia Borneo Bremen Buenos Ayres Chili China Costa Rica - Denmark - Dominica - Ecuador - France Frankfort - Nov. 2, 1849 July 3, 1838 | Mar. 2, 1841 Oct. 27, 1851 Sept. 29, 1840 May 27, 1847 Aug. 3, 1841 Feb. 2, 1825 Oct. 4, 1854 Oct. 8, 1843 Nov. 27, 1849 June 16, 1824 Mar. 6, 1850 May 3, 1851 Jan. 26, 1826 I May 13, 1832 [ Dec 29, 1835 Reciprocity Reciprocity See Prussia Reciprocity Reciprocity See Han se Towns. Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity Navigation Reciprocity Most favoured nation Most favoured. Conditional Most favoured Most favoured Most favoured Most favoured Most favoured Most favoured Conditional Most favoured Conditional Most favoured Conditional Most favoured Navigation Equalization of Shipping Dues. National treatment. National treatment. National treatment. British ships not to pay a higher duty than 1 dollar per ton (register) in ports of Borneo. National treatment on vessels over 120 tons burthen. National treatment. National treatment. National treatment. National treatment. National treatment. National treatment in direct trade and in ballast. National treatment. Mar. 2, 1841 Frankfort (Customs Union) - Germany (Customs Union) - - ' Greece - - Oct. 4, 1837 Guatemala - Feb. 20, 1849 Reciprocity Reciprocity Hamburg Aug. 3, 1841 .SeeHanse Towns. National treatment: Most favoured National treatment. Conditional COM 77 COM Hanover - - July 22, 1844 f Sept. 29, 1825 Hanse Towns - < I Aug. 3, 1841 Hesse Cassel - ) M « iq 4 i Hesse Darmstadt - \ Mar * 2 ' 1841 Honduras - Aug. 27, 1856 Japan - - Aug. 26, 1853 Johanna - - June 3, 1850 Liberia - - Nov. 21, 1848 Lubeck Mecklenburg Schwerin M ecklenburg-Stre- litz Mexico Morocco - Muscat Reciprocity Most favoured Conditional Reciprocity See Prussia. Reciprocity Most favoured - Most favoured Reciprocity Most favoured Reciprocity Most favoured Conditional Equalization of Shipping Dues. National treatment. National treatment, direct. ■ National treatment, Indirect National treatment. National treatment. National treatment. Aug. 3, 1811 See Hanse Towns. - May 1, 1844 Reciprocity Most favoured National treatment. Netherlands New Granada (Colombia) Oldenburg Paraguay - Persia Peru Portugal - May 1, 1844 Dec. 26, 1826 Dec. 9, 1856 May 31, 1839 Mar 2, 1841 Mar. 17, 1824 Oct. 27, 1837 Mar. 27, 1851 Apr. 18, 1825 Apr. 4, 1844 Mar. 4, 1853 Mar. 4, 1857 Apr. 10, lb50 - July 3, 1842 Prussia Prussia, &c (Cus- toms Union) Reuss Gleitz Reuss Schleitz Reuss Lobenstein and Ebersdorn? - Roman States Russia Sandwich Islands - Sardinia - Saxe Weimar Eise- nach Saxe Meiningen - Saxe Altenburg - Saxe CoburgGotha Saxony Schwartzburg Rudolstadt Schwartzburg Son- dershausen Siam Sicilies Apr. 2, 1824 Mar. 2, 1841 ► Mar. 2, 1841 Nov. 17, 1853 Jan. 12, 1859 July 10, 1851 Jan. 23, 1851 Feb. 27, 1858 Mar. 2, 1841. ( June 20, 1826 April 18, 1855 May 13,1856 April 29, 1845 Reciprocity Reciprocity Reciprocity Most favoured Most favoured Most favoured Most favoured See Prussia. - Most favoured ; East Indies Reciprocity Most favoured Conditional Most favoured Most favoured Most favoured Conditional Most favoured Most favoured Conditional Most favoured Conditional Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity See Prussia Reciprocity Most favoured National treatment. Navigation Reciprocity Most favoured National treatment. Conditional Reciprocity Most favoured National treatment. Conditional - National treatment National treatment National treatment. National treatment Sum not exceeding 5 per cent, on im- ports, to cover tonnage dues, &c National treatment. National treatment. National treatment. National treatment. National treatment on vessels over 200 tons burden. National treatment, in direct trade and in ballast. National treatment National treatment Reciprocity See Prussia. Reciprocity Most favoured Conditional - Most favoured British shipping ex- empt Most favoured National treatment, in Conditional direct trade and in ballast. COM 78 COB Sweden and Nor- Mar. 18, 1826 Reciprocity- way Switzerland Thuringian Union Turkey Tuscany - United States Sept. 6, 1855 Mar. 2, 1841 Jan. 5, 1809 Aug. 16, 1838 Apr. 5, 1847 July 3, 1815 " Oct. 20, 1818 Aug. 6, 1827 June 5, 1854 - Apr. 5, 1847 {July 3, 1815 ") Oct. 20, 1818 f Aug. 6, 1827) June S, 1854 Uruguay = Venezuela Wurtemberg Aug. 26, 1812 Nov 7,1825; Oct. 29, 1834 Mar. 2, 1841 Reciprocity See Prussia. Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity Reciprocity See Prussia. Equalization of hipping Dues. Most favoured National treatment. Decree, Oct. 26, 1849 Most favoured Most favoured Most favoured National treatment. National treatment. Notification, Oct. 15, 1849. Most favoured National treatment. Conditional Most favoured National treatment COPPER. The imports of copper ore and regulus have largely increased of late years, having risen from 40,000 or 50,000 tons some ten or fifteen years back to 97,000 in 1858. There is also a larger quantity of partially wrought copper or metal imported. The imports, which were under 30,000 cwts. in 1844, reached 218,000 cwts. in 1859. Very full and precise information is now given as to the production of copper, and all the statistics connected with the trade in copper in the Mining Records, issued annually from the Museum of Practical Geology. Mr. Robert Hunt gives the following as the production of copper in the United Kingdom: — Copper Ore, tons Value of Copper Ore Fine Copper, tons Estimated Value of ditto 1857. 1858. 218,698 £1,560,922 17,375 £2,154,545 226,852 £1,336,535 14,456 £1,562,693 There are 164 mines, of which 123 are in Cornwall and Devon. The mean average price of fine copper ore was .£124. in 1857, and £108. in 1858. In 1859 it went up as high as £144. 17*. The total quantity of copper ore produced from British and from foreign and colonial ores in 1858 was 31,611 tons, of the value of £73,4 17,1 49. The following continues, down to the present time, the value of the exports of this metal in its manufactured state : — Year. Declared Value. Year. Declared Value. £. £. 1839 1,280,586 1850 1,978,196 1840 1,450,464 1851 1,639,156 1841 1,523,744 1852 1,704,083 1842 1,810,742 1853 1,854,331 1843 1,644,248 1854 1,768,950 1844 1,735,873 1855 2,110,906 1845 1,694.441 1856 2,648,259 1846 1,558,187 1857 3,124,049 1847 1,541,868 1858 2,854,551 1843 1,V57,944 1859 2,600,307 1849 1,875,865 In 1859,unwrought copper of the value of £471,076 went to France, j£l03,576 to India, besides sheet and copper, &c. of the value of £612,484. Holland and Belgium, the United States and Brazil, are the other principal purchasers. CORN. In the absence of any reliable data, it has been impossible hitherto COE 79 COR to determine, with any degree of accuracy, the amount of grain and provisions annually produced, the quantity stored, or whether a larger or smaller breadth of land" has been sown in one season than another, throughout the kingdom. The injury that results from this ignorance has not been confined alone to the farmers, who are frequently outwitted by importers and others flooding the markets, but all dealers in, and consumers of, agricultural products are equally liable to sustain pecuniary loss therefrom, by making false calculations and de- pending upon erroneous estimates. The shipowner, the merchant, the corn dealer, the baker, and the wheat grower in the colonies and foreign countries, all sutler from the absence of correct statistics as to the home production and con- sumption of grain. Of late years we have had agricultural statistics collected in Ireland and Scotland, but there are none for England and Wales. In the Journal of Agriculture of Edinburgh, for June, 1856 (p. 177), in a long and elaborate statistical article, I took some pains to estimate the production, con- sumption, and commerce of grain in Great Britain, America, and France, and from that article I may extract a few facts. Towards the fourth quarter of the last century, we began to import largely of grain, the excess of imports of corn over exports having amounted in that period to about 20,000,000 quarters. From 1800 to 1837 the annual average of wheat and wheat-flour imported did not exceed half a million quarters; but sub- sequently to that year, on the repeal of the Cora Laws, the receipts from abroad began largely to increase, averaging in the next four years more than 2,000,000 quarters. While the quantity of all kinds of corn imported from 1843 to 1846 did not exceed, on the average, 4,000,000 quarters; the famine year, 1847, brought in immense supplies, reaching to nearly 12,000,000 quarters. In the last twenty years we have imported from various countries the follow- ing quantities of grain in quarters, including pulse: — 1840 - . . 3,475,098 1850 - . . 7,920,864 1841 - - - 3,258,698 1851 - • - 8,093,401 1842 - 3,361,756 1852 - ■ - 6,641,729 1843 - - • 1,305,516 1853 - - - 8,847,608 1844 - - - 2,747,951 1S54 m - - 6,850,500 1845 - - • 2,157,727 1855 - - _ 5,729,241 1846 - - - 3,790,951 1856 - . - 8,197,253 1847 - - - 9,436,677 1857 - - - 8,545,182 1848 - - - 6,945,492 1858 - _ ■ 10,188,265 1849 - - - 9,651,956 1859 - - - 9,220,737 Total Quarters . _ 126,366,611 Annual Average - - 6,318,330 We also received large quantities of flour and meal, namely:- Year. Wheat Floui. Other kinds of Meal. Total. Cwts. Cwts. Cwts. 1840 . 1,537,838 8,708 1,546,546 1841 . 1,263,126 12,530 1,275,656 1849 1,129,852 21,003 1,150,855 1843 436,878 5,584 442,462 1844 980,645 4,056 984,701 1845 945,864 3,052 948,916 1846 3,190,429 157,137 3,347,565 1847 6,329,058 2,304,933 8,633,991 1848 1,754,449 275,788 2,030,237 1849 3,349,839 162,001 3,511,840 1850 3,819,440 18,568 3,838,008 1851 5,314,414 18,955 5,333,369 1852 3,865,173 1,546 3,860,719 1853 4,621,506 16,504 4,638,010 1854 3 646,505 58,655 3,705,160 1855 1,904,224 18,094 1,922,318 1856 3,970,100 21,267 3,991,367 1857 2,178,148 6,028 2.184,176 1858 3,856,127 9,869 3,865,996 1859 . 3,328,324 COR 80 COE TOTAL GRAIN AND MEAL IMPORTED IN IMPERIAL QUARTERS. 1840 - 3,920,014 1850 - 9,019,590 1841 - 3,627,562 1851 - 9,618,028 1842 - 3,697,279 1852 - - - 7,746,669 1843 ... - 1,433,891 1853 - - - 10,173,135 1844 - 3,030,681 1854 - 7,909,544 1845 - 2,429,916 1855 - 6,278,813 1846 - 4,752,174 1856 ... - 9,339,425 1847 - - - 11,912,864 1857 ... - 9,169,180 1848 - 7,528,472 1858 - 11,289,080 1849 - 10,609,661 1859 - 11,293,705 Average of the twenty years, 7,242,454 quarters. France and the United Kingdom contain a population of 65,000,000, who are fast acquiring that higher standard of eomfort which enables the masses to con- sume good wheat-bread in place of much cheaper vegetable food. In Northern and Central Europe, in Italy, in France, and the United States, brown bread and maize bread are gradually giving way to wheaten bread. Place good wheaten bread and that made from Indian-corn meal on the tables of the million, and rye-bread, meal dumplings, and oatmeal porridge will in a few years cease to exist. Even in the British West Indies, Cuba, Brazil, and Central America, the consumption of American wheat and flour is largely on the increase, and is taking the place of plantains, yams, and other indigenous farinaceous food. The estimates of the production of wheat in the United Kingdom vary con- siderably. I take it that the breadth of land under wheat at present is fully 5,000,000 acres, which, at a yield of four quarters per acre for a good harvest, would give a return of 20,000,000 quarters. The average import for many years past, we have seen, has been upwards of 7,000,000 quarters of grain and meal, but in the last seven years it has been fully 9,350,400 quarters per annum. We will take the whole supply, in round numbers, at 30,000,000 quarters. Of our home produce about 2,000,000 quarters would be required for seed, for starch, manufacturing, and other purposes, leaving, say, 28,000,000 quarters to supply the population in ordinary years. In considering this question, much will depend upon the ratio of consumption by which we calculate. Mr. Caird places it at about 5\ bushels per head for 26,000,000 persons. Some statists reckon it as high as one quarter, but pro- bably the medium of 6 bushels per head may be considered a fair average. For all practical purposes, then, we may take the population of the United Kingdom now at 28,000,000, and the annual consumption by these, at 6 bushels per head, would be 21,000,000 quarters. I may here quote an estimate of the Bankers* Circular, which is more mode- rate. The writer frames it upon the following deductions:— He takes the quan- tity of wheat sold in the markets, whence the averages are drawn, as one-third of the total growth in England and Wales, and, adding the quantity imported, considers the total would furnish a near approximation to the consumption, if the produce of Ireland and Scotland is added. The figures thus given show an average annual consumption in the following six years of about 18,000,000 quarters. Total. Quarters. 18,164,424 18,895,004 18,791,535 18,728,142 19,918,596 16,212,856 Mr. Colquhoun, an able statistical writer, about forty years ago calculated the consumption in Great Britain, for a population of 17,000,000, to be 9,170,000 quarters of wheat, and 25,780,000 quarters of other grain. Twenty-five years ago, Mr. James Macqueen (General Statistics of the British Empire) estimated the land under culture in the kingdom, with wheat at upwards of 5,000,000 acres, and in other kinds of grain at 10,000,000 acres, his summary of the quantity and value of the grain crops being as follows: — Home Produce. Imports of Wheat & Flour. Quarters. Quarters. 1849 14,361,949 4,802,475 1850 14,064,741 4,830,263 1851 13,461,123 5,330,412 1852 14,563,539 4,164,104 1853 13,612,736 6,235,860 1854 11,739,771 4,473,085 COR 81 COE Acres, Produce per Acre. Quantity. £ Wheat - 5,000,000 4 Quarters 20,000,000 at 50s. 50,000,000 Bailey - 2,000,000 5 Quarters 10,000,000 at 36s. 18,000,000 Oats, &c - 8,000,000 6 Quarters 44,000,000 at 30s. 60,000,000 Total value - - £134,000,000 These figures, although too high at that period, are very near the mark now, except of course as to the value. The estimated consumption of the cereals and pulse in Great Britain was thus given in 1825: — Quarters. Wheat .......... 11,000,000 Barley ------... 8,000,000 Oats ---------- 20,000,000 Pease and Beans ------- 2,200,000 Rye --- 800,000 Total quarters - - 42,000,000 In Jacob's Report of the Corn Trade and Agriculture, the average production of wheat in England, in the eleven years ending with 1827, was stated at 12,760,000 quarters, 1,300,000 quarters being reserved for seed. The largest harvest was 16,000,000 quarters in 1820; the smallest 11,500,000 in 1824. Mr. Braithwaite Poole, a very careful and well-informed inquirer, in his Statistics of British Commerce, published in 1852, states that the annual aver- age production of all sorts of corn in the United Kingdom has been estimated by competent parties at rather more than 60,000,000 quarters, and £30,000,000 in value ; but, in the absence of general official returns, we cannot vouch for its accuracy, although, from various comparisons, there are reasonable grounds for assuming this calculation to be as nearly correct as possible. Some persons in the corn trade imagine the aggregate production to approach almost 80,000,000 quarters; but I cannot find any data extant to warrant such an assumption According to this estimate, the produce of grain, &c. in different districts would be about as follows: — Wheat. Oats. Barley. Beans, &c. England . 15,200,000 12,500,000 6,375,000 1,875,000 Ireland . 1,800,000 11,500,000 1,120,000 540,000 Scotland . 1,225,000 6,500,000 1,800,900 150,000 Quarters 18,225,000 30,500,000 9,295,000 2,565,000 ESTIMATED ACREAGE. Wheat Oats. Barley. Beans, 3,747,161 New York, do. • ■ » 9,500,000 Buffalo, do. • . 22,000,000 Chicago, 1856 • - 21,583,291 Cleveland, 1853 - ■ 6,000,000 The Hon J. Perkins, junior, of the American Patent Office, in his report on the agriculture of the United States for 1853, stated the following to be the amount of the several grain crops and pulse raised: — Indian Corn Wheat Rye Oats Buckwheat Beans and Pease Rice 600,000,000 bushels 110,000,000 .. 14,000,000 .. 160,000,000 10,000,000 9,300,000 .. 250,000,000 .. 1,153,800,000 .. Or 144,412,500 quarters. The aggregate value of these crops he gave at £82,000,000 sterling. The value of American flour alone exported in the year 1853 was nearly £3,000,000 sterling. The land under cultivation in the United States is about 118,000,000 acres. An examination of the statistics proves that by far the largest production of wheat in America is between the parallels of 40° and 50° latitude— compre- hending Ohio, Pennsylvania, New Jersey, and the largest part of Illinois, which annually produce half the wheat raised in the United States. Compared with the production immediately south of them, the wheat raised in Michigan, COE 83 COR Wisconsin, and Canada, is as yet comparatively small, but still largely on the increase. The state of Ohio usually raises about one-fifth of all the wheat grown in the States. The laws of Ohio require the assessors to ascertain annually the precise breadth in acres of wheat and Indian corn planted, and the quantity produced. The acres planted in wheat averaged, in 1850 to 1852, 1,731,000; and the aggre- gate produce of those three years was 10,000,000 quarters, and the average 3,332,000 quarters. The average yield per acre of the three years was about 15 bushels. In the year 1853 an average crop of wheat was raised in the United States, and, owing to the scarcity in Europe, as much as 3,000,000 quarters of flour and wheat was exported ; but it left the home markets very bare. The domestic consumption by the white population may be taken at 13,563,000 quarters, and for seed 1,250,000 quarters — making an aggregate home demand of 14,813,000 quarters. Out of a crop of 25,000,000 bushels, Ohio can export about 14,000,000 bushels. The following was the production and export of wheat in the United States, in the years named, in bushels : — Yean. Crop. Export. 1849 , 100,485 9 14 6,000,000 1850 143,000,000 , ; 7,732,191 1851 101,000.000 , , 12,038,380 1852 , , 143,000,000 16,551,902 1853 110,000,000 24,000,000 1854 150,000,000 19,000,000 In 1855 there was very little wheat and flour shipped from the States* I can give the value in subsequent years of the shipments of grain and meal from the United States, but not the quantities. Wheat • • Flour • - Indian Corn Indian Meal Rye Meal Other Grain and Pulse - Dollars £ Fiscal Years ending June 30, Value in Dollars of 8hipment; 1855. 1856. 1857. 1858. 1,329,246 10,896,908 6,961,571 1,237,122 236,248 238,976 15,115,661 29,275,148 7,622,565 1,175,688 214,563 2,718,620 22,240,857 25,882,316 5,184,666 957,791 115,828 680,108 9,061,504 19,328,884 3,259.039 877,692 56,235 642,764 20,900,071 56,122,215 55,061,566 33,226,118 4,180,015 11,224,449 11,012,313 6,645,223 Average prices of grain in the United States: — 1856. 1857. 1858. Dols. Cents. Dols. Cents. Dols. Cents. Wheat Flour, sup. ban-el 7 47 6 23 4 73 Corn Meal, barrel 4 14 3 54 3 67 Wheat, White Western, bushel 2 06 1 69 1 43 Wheat, Red Winter 1 83 1 56 1 24 Wheat, Spring . 1 65 1 39 1 02 Rye 1 14 92 79 Oats . 44 49 43 Indian Corn 81 73 76 The New York Courier and Enquirer, a highly respectable commercial journal, has taken great pains to furnish reliable estimates of the wheat pro- duction, and after extended inquiry and considerable research, gives the follow- ing tables, which seem entitled to weight. COE 84 COR Estimate of the Growth of Wheat in the different American States and Terri- tories in 1855, as compared with the production of 1847, as per Patent Office Report, and 1850, by Census Returns, viz. 1847. 1850. 1855. Bushels. Bushels. Bushels. Maine . 89,000 296,259 400,000 New Hampshire - 610,000 185,658 250,000 Vermont - 664,060 525,925 700,000 Massachusetts • 256,000 31,221 100,000 Rhode Island - 4,500 49 Connecticut - 125,000 41,762 80,000 New York - 14,500,000 13,121,498 15.000,000 New Jersey- - 1,100,000 1,601,190 2,500,000 Pennsylvania - 14,150,000 15,367,691 18,000,000 Delaware - 410,000 482,511 500,000 Maryland - 4,690,000 4,494,680 6,000,000 Disk Columbia - 17,370 20,000 Virginia * 12,000,000 11,232,616 15,000,000 North Carolina - 2,350,000 2,130,102 4,000,000 South Carolina - 1,300,000 1,066,277 3,000,000 Georgia - 1,950,000 1,088,534 4,000,000 Florida - 1,027 550,000 Alabama - 1,200,000 294,044 2,000,000 Mississippi - 500,000 137,990 1,000,000 Louisiana - 417 Texas - 1,110,000 41,689 1,000,000 Arkansas - 200,000 199,588 1,000,000 Tennessee - 8,750,000 1,619,386 8,000,000 Kentucky - 6,000,000 2,140,822 5,000,000 Ohio - 16,800,000 14,487,351 20,000,000 Michigan • 8,000,000 4,925,889 7,000,000 Indiana - 7,500,000 6,214,458 12,000,000 Illinois - 4,900,000 9,414,575 16,000,000 Missouri - 1,750,000 2,966,928 7,000,000 Iowa - 1,000,000 1,530,481 8,000,000 Wisconsin m 1,200,000 4,286,131 7,000,000 Minnesota m 1,401 3,000,000 Kansas - ... 1,000,000 New Mexico - 196,516 500,000 Utah - 107,702 1,500,000 Oregon - 50,000 211,043 1,500,000 California " •• 17,328 3,000,000 114,245,560 100,479,150 175,200,000 These estimates indicate a product of 65 per cent, beyond that of 1850, or 175,000,000 in the aggregate. If we allow 3£ bushels of wheat per head (other grain being largely used), or 100,000,000 of bushels for home consumption, there would then be on hand, for export or future stock, about 75,000,000 bushels. Some of the States show a product of from 100 to 500 per cent, beyond that of 1847 — the Irish famine year. This increase is almost incredible ; but we think the facts will fully bear us out in our estimates, viz : — Estimated Production of Wheat in some of the old, as well as the new States and Territories, in 1855, compared with 1847 and 1850, shewing the vast increase in the supply. 1847. Bushels. North Carolina - 2,350,000 South Carolina - 1,300,000 Georgia - 1,950,000 Tennessee - 8,750,000 Missouri - 1,750,000 Illinois - 4,900,000 Indiana - 7,500,000 Iowa - 1,000,000 Wisconsin - 1,200,000 California Minnesota - . . Kansas and Nebraska Oregon - 50,000 30,750,000 1850. 1855. Bushels. Bushels. 2,130,102 4,000,000 1,066.277 3,000,000 1,088,534 4,000,000 1,619,386 8,000,000 2,966,928 7,000,000 9,214,575 16,000,000 6,614,458 12,000,000 1,530,581 8,000,000 4,286,131 7,000,000 17,328 3,000,000 1,401 3,000,000 1,000,000 21*1,943 1,500,000 30,547,614 77,500,000 COE 85 COE From 1847 to 1850 there was no increase; but from 1850 to 1855 the increase was 120 per cent. American States and Territories where there is a Surplus beyond the Consumption required for each, viz. — Quantity Produced. Consumed. Excess. Bushels. Bushels. Bushels. New York * . 14,500,000 12,200,000 2,300,000 New Jersey - 2,500,000 1,800,000 700,000 Pennsylvania • 18,000,000 9,000,000 9,000,000 Delaware and Maryland - 6,500,000 2,500,000 4,000,000 Virginia - 15,000,000 4,500,000 10,500,000 N. Carolina, S. Carolina and Georgii i - 11,000,000 7,700,000 3,300,000 Texas and Arkansas - 2,000,000 1,300,000 709,000 Tennessee - 8,000,000 3,300,000 4,700,000 Kentucky • 5,000,000 3,000,000 2,000,000 Ohio • 20,000,000 9,000,000 11,000,000 Missouri and Wisconsin . 14,000,000 2,800,000 11,000,000 Illinois - 16,000,000 4,000,000 12,000,000 Indiana - 12,000,000 3,800,000 8,200,000 Iowa and Minnesota - 11,000,000 2,000,000 9,000,000 Missouri - 7,000,000 2,500,000 4,500,000 Kansas, New Mexico and Utah - 3,000,000 700,000 2,000,000 California and Oregon • 3,000,000 1,800,000 1,200,000 Total . a • m 96,600,000 Deduct : — Deficiency in ten other States - - 12,450,000 For Seed and Stock - - 20,000,000— - 32,450,000 Surplus for Export - - bushels 64,150,000 In order to show the relative productiveness of the several States, we have ex- amined the subject carefully, and we think the following conclusions are very near the truth : — Table showing the Average Number of Bushels per acre, and the Time of Har- vesting in each of the principal Wheat-growing States. New Hampshire Massachusetts Vermont New York New Jersey Pennsylvania Delaware Maryland Virginia North Carolina South Carolina Georgia Alabama Tennessee Kentucky Ohio Indiana Illinois Michigan Iowa Wisconsin Texas Oregon Average No. of Bush, to Acre. Time of Harvestiag. 7 to 12 Aug. 10 to Aug. 20 12 to 20 Aug. 1 to Aug. 10 10 to 20 July 25 to Aug. 10 15 to 25 Aug. 10 to Aug 20 10 to 20 July 15 to Aug 10 15 to 25 July 1 to July 10 12 to 22 June 20 to July 10 12 to 20 June 10 to 20 June to July 1 10 to 20 June 10 to July 10 8 to 15 June 10 to June 20 8 to 12 June 1 8 to 12 June 1 8 to 15 June 1 to June 20 8 to 12 June 10 to June 20 12 to 15 July 1 10 to 20 July 1 to Aug. 1 12 to 30 June 20 to July 20 12 to 25 June 1 to July 25 15 to 25 July 10 to July 30 12 to 20 July 10 to July 25 15 to 25 July 15 to July 30 20 to 25 May 15 to June 15 20 to 25 Aug. 1 to Sept. 1 COE 86 COE Value of the Breadstuff's and Provisions exported from the United States to foreign countries, for each fiscal year, from 1846 to 1858, viz.: — 1846 1847 1848 1849 1850 1851 1852 27,701,121 dollars. 68,701,921 37,472,751 38,155,507 26,051,373 21,944,651 25,857,027 Wheat, bushels Flour, barrels Indian corn, bushels - Barley and rye, do. Meal, barrels Beans and pease, bushels Oats, do. Potatoes, do. 1853 32,985,322 dollars. 1854 65,901,240 1855 23,051,362 1856 59,390,906 1857 . 58,333,176 1858 85,924,848 a Canada were, in 1847. 1853. 1854. 719,688 2,666,903 1,442,677 670,808 786,058 651,400 831 57,636 25,332 43,353 112,383 22,038 4,031 4,842 121,570 243,770 133,651 168,672 1,028,310 33,651 6,477 7,568 In 1853, 2,666,903 bushels of wheat were exported, and in 1852 nearly 2,000,000 bushels. The following comparison shows the relative production of Canada and the United States as regards the grain crops: — Wheat, bushels Barley, „ Oats, „ Eye, Maize, „ Population, United States. -*- Canada. 1840, 84,823,272 4,161,504 123,071,341 18,645,567 377,531,875 1850. 92,086,000 5,167,016 146,567,879 14,188,639 592,326,612 1842. 8,221,991 1,031,335 4,788,167 292,370 691,359 1851. 16,155,946 1,339,499 21,434,840 869,985 2,029,544 17,067,453 23,091,488 1,176,837 1,843,500 From the above table it will be seen that, in proportion to its extent and po- pulation, Canada is a more agricultural country than the United States. The usual quantity allowed for the consumption of each inhabitant is generally five bushels, which would leave for export six or seven million bushels of wheat. The great quantity of Indian corn grown in the States enables them, by making it a staple of consumption, to export a large stock of flour. In Canada, little Indian corn being grown, wheat becomes of necessity the great staple of food. GRAIN IMPORTS BEFORE AND AFTER FREE TRADE. A few statistics are grouped together below in illustration of the imports of grain and flour into the United Kingdom before and after the adoption of the free-trade policy in 1849. Of wheat the totals stand thus : — BEFORE FREE TRADE. Year. 1843 1844 1845 Qrs. 940.120 1,099,077 871,710 Year. 1846 1847 1848 Qrs. 1,432,591 2,656,455 2,580,059 AFTER FREE TRADE. Year. 1850 1851 1852 1853 1854 Qrs. 3,738,995 3,812,008 3,060,268 4,915,430 3,431,227 Year. 1855 1856 1857 1858 1859 Qrs. 2,667,702 4,072,833 3,437,957 4,241,719 4,043,574 COE 87 COR These figures exhibit an average in the former period of 1,596,858 quarters, and in the second of 3,742,171 quarters, or an increase under free trade of about 134 percent. Extending the comparison to other grain, the totals stand thus: — BEFORE FREE TRADE. Tear. Qrs. Year. Qrs. 1843 365,396 1846 2,358,360 1844 1,648,874 1847 6,780,222 1845 1,286,017 1 1848 AFTER FREE TRADE. 4,364,533 Year. Qrs. Year. Qrs. 1850 4,181,869 1855 3,061,539 1851 4,281,393 1856 4,124,420 1852 ... 3,581,461 1857 5,107,225 1853 3,932,178 1858 5,946,546 1854 3,419,273 1859 5,358,908 The average between 1843 and 1848 was 2,800,567 quarters, and in the last 10 years 4,299,481 quarters, or an increase under the present system of 53 per cent. The imports of meal and flour of all kinds next invite attention, and have been as under : — Year. Cwt 1843 442,462 1844 934,701 1845 948,916 Year. AF1 Cwt. 1850 ... 3,838,008 1851 5,333,369 1852 3,866,719 1853 4,638,010 1854 3,705,160 BEFORE FREE TRADE. Year. 1846 1847 1848 IE TRADE. Year. 1855 1856 1857 1858 1859 Cwt 3,247,565 8,633,991 2,030,237 Cwt 1,922,318 3,991,369 2,184,176 3,865,996 The average between 1843 and 1848 was 2,732,212 quarters, and in the last 10 years 3,669,991 quarters — showing an increase of 34 per cent. The increase in the quantity of grain and flour imported has been very generally shared in by all the various countries from which we draw our supplies. I will take one more country into consideration — the great empire of France, which ranks high as a producing country. With the exception of Eussia, from which no accurate statistical returns have been obtained, more than one-half of the wheat grown in Europe is produced in France — the yield, twenty years ago, having been about 24,832,500 quarters, now 28,000,000 quarters. Importation and Exportation of Grain into and from France from 1816 to 1852. Imported in excess of Exports. Exported in excess of Imports. rom 1816 to 1821 6,247,178 hectolitres . — hectolitres. „ 1822 „ 1827 — „ - 1,248,601 „ „ 1828 „ 1832 9,527,466 ii • — „ „ 1833 „ 1837 — m ■ 944,130 1f „ 1839 „ 1842 1,126,473 ii - — M „ 1843 „ 1847 18,697,132 it . — M „ 1848 „ 1852 — - 12,187,416 The hectolitre contains 22 imperial gallons, 3 hectolitres heing a trifle more than a quarter. In 1853, France imported 4,184,190 hectolitres of wheat, spelt, and meslin, of the value of 92,637,966 francs; 313,671 metrical quintals of flour; 83,351 hectolitres of rye; 11 1,000 hectolitres of barley; 66,773 hectolitres of oats; and 24,603 hectolitres of maize. COE 88 COR The average production of wheat in France is estimated at 80,000,000 hecto- litres (about 28,000,000 quarters), the highest production during the last twenty- five years having been 97,000,000 in 1847, and the lowest 52,000,000 in 1830. In the United Kingdom, out of about 50,000,000 acres under cultivation, 15,000,000 are sown in wheat, and other cereal crops, while in France 50,000,000 are cultivated for grain; but while the average growth of wheat per acre in England is fully 3 quarters, in France it is but lg quarters. The growth of wheat has increased veiy much of late years— much faster in proportion than the population; and there are numerous evidences that the bulk of the people are much better fed and in a more prosperous condition than they used to be. The following table will show the progress of the population and production during twenty years: — Average production of Wheat in five Years. From 1827 to 1831 57,821,336 hectolitres. „ 1832 „ 1836 68,684,919 „ 1837 „ 1841 71,512,258 „ „ 1842 „ 1846 72,015,564 „ „ 1847 „ 1851 86,121,123 „ The highest and lowest annual average prices of wheat in France during the fifty years from 1803 to 1852, taken in intervals of five years, have been as follows: — Years. Population 1831 1836 1841 1846 1851 32,569,223 33,540,910 34,240,178 35,400,486 35,781,821 Lowest price. Highest price. Average of five years. F. c. F. c. F. c. •or Q 1803 to 1807 18 60 20 19 19 59 per hectolitre. 1808 „ 1812 15 18 34 34 22 39 Jt 1813 „ 1817 17 78 36 16 24 86 , 1818 „ 1822 15 89 24 65 19 18 1823 „ 1827 14 81 18 31 16 58 , 5> 1828 „ 1832 21 17 22 59 22 04 , 1833 „ 1837 14 72 16 37 15 94 . 1838 „ 1842 18 34 22 49 20 35 i 1843 „ 1847 18 93 29 38 22 28 i ',', 1848 „ 1852 14 26 17 50 15 60 i The lowest average was f. 14.26=335 per qr. in 1850, the highest f. 36.16= 76s 8d per qr. in 1817. The ten years' averages during the above periods have been: — F. 1803 to 1812 .... 20 1813 „ 1822 .... 22 1823 „ 1832 .... 19 1833 „ 1842 . . . . 18 1843 „ 1852 .... 18 And the general average for the same fifty years was f. 19.88= The following have been the yearly averages per hectolitre :- 1846 1847 1849 F. C. 23 86 1850 29 38 1851 16 36 1852 15 25 C. 99 02 31 14 94 =46« Id per qr. F. c. , li 26 . 14 64 . 17 50 The average price of wheat in France in the three years 1851, 1852, and 1853, was 43s Z\d per quarter. According to the "Statistique Territoriale" the cultivated area under grain a few years ago in France was — Wheat Rye Barley Oats Maize Hectares. 5,586,786 2,577,253 1,188,189 3,000,634 631,732 Average crop in hectolitres. 12.45 10.79 14.02 16.30 12.06 12,984,594 The hectare is about two acres. COE 80 COE The average produce of wheat per acre in France, prior to 1844, according to an official report, was under 14 bushels; but the foregoing returns make the pro- duce equal to about 17 bushels to the acre. The progress of Algeria as a grain- exporting country is worthy of notice, particularly since the adoption of the customs law. The shipments have advanced in the following ratio: — 1850 1854 1856 1857 Wheat 2,868 hect. 1,033,718 „ 2,000,000 „ 1209,53 qrs. Barley. 10,856 hectolitres. 559,048 20,285 qrs. So that in four years the export of corn from thence has risen from 13,700 hec- tolitres to about 1,600,000 hectolitres, besides about 100,000 shipped as flour and biscuits to the army in the East, during the war. There was under culture with grain in Algeria in 1855, 707,852 hectares, which produced 9,124,571 hectolitres. The production and export of grain in Russia and Germany, in India and Australia, in Chili, and other quarters, would form an interesting review; but this would lead me too much into detail to be followed out in the present in- quiry. The reliable facts and figures already adduced in this article may, how- ever, prove useful to some who have not the same advantages for careful elaborate research, and will at least serve to mark the rapid advance making in the cul- ture and commerce of grain abroad. Average Gazette Prices of British Wheat, Barley, and Oats per Imperial Quarter, and the Foreign Imports of Grain: — Years. Average price per quarter. Foreign and Colonial Grain en- tered for Home Consumption. Wheat. Barley. Oats. Wheat. Other Grain. *. d. * d. «. d. Qrs. Qrs. 1840 66 4 36 5 25 8 1,993,3S3 1,481,715 1841 64 4 32 10 22 o 2,409,754 848,944 1842 57 3 27 6 19 3 2,717,454 644,311 1843 50 1 29 6 18 4 940,120 365,396 1844 51 3 33 8 20 7 1,099,077 1,648,874 1845 50 10 31 8 22 6 871,710 1,286,017 1816 54 8 32 8 23 8 1,432,591 2,358,360 1847 69 9 44 2 28 8 2,656,455 6,780,222 1848 50 6 31 6 20 6 2,580,959 4,364,533 1849 44 3 27 9 17 6 3,845,378 5,806,578 1850 40 3 23 5 16 5 3,738,995 4,181,869 1851 38 6 24 9 18 7 3,812,008 4,281,393 1852 40 9 28 6 19 1 3,060,268 3,581,461 1853 53 3 33 2 21 4,915,430 3,932,178 1854 72 5 36 27 11 3,431,227 3,419,271 1855 74 8 34 9 27 5 2,667,702 3,061,539 1856 69 2 41 1 25 2 4,072,833 4,124,420 1857 56 4 42 1 25 3,437,957 5,107,225 1858 44 2 34 8 24 6 4,241,719 5,946,546 1859 43 9 33 6 23 2 4,023,578 5,276,447 Total 57,925,522 68,225,011 Average - 2,896,276 3,411,250 COE 90 COS Imported from. 1848. 1858. Wheat. Oats. Other Grain. Wheat. Oats. Other Grain. Qrs. Qrs. Qrs. Qrs. Qrs. Qrs. Russia . • 522,437 161,449 29,718 612,216 997,564 672,442 Denmark 191,735 231,745 577,446, 299,783 180,162 382,067 Prussia . . 522,049 68,410 271,094 625,978 100,608 271,353 Mecklenburg Schwerin 146,077 5,283 31,650 110,839 Hanover . . 16,099 113,474 33,823 27,264 45,447 9,635 Hamburgh 359,598 57,965 249,120 143,205 69,044 Holland 163,584 179,923 91,774 82,113 32,379 31,228 Belgium 171,732 613 12,701 77,884 17,587 France . . • 216,524 4,535 159,549 818,251 401,927 Turkey Proper . . 16,000 172,583 66,594 372,774 Wallachia and Moldavia 7,169 220,166 133,556 644,987 Egypt . 17,158 341,310 464,644 314,839 United States 78,184 941,225 594,644 399,804 East Indies . . 22P 7 1,985 British North America 27,18! 228 13,317 100,821 10,757 45,085 Sweden . 81,942 427,885 50.608 Other Countries . 122,54^ 2,580,959 5,747 1,848,879 142,931 299,348 40,647 406,785 4,010,265 36,382 4,082,445 Re-exported • Entered for Consumption . 967,056 7,476 3,444,836 5,244 4,241,719 1,856,281 38,571 4,236,864 31,687 1,846,626 868,706 1,550.593 Quantities of British Wheat, Barley, and Oats sold in the principal Market Towns in England and Wales. Years. Wheat. Barley. Oats. Qrs. Qrs. Qrs. 1841 8,913,927 1842 4,091,234 1843 5,302,298 1844 5,456,307 2,834,407 1,989,730 1845 6,666,240 2,468,489 2,000,952 1846 5,958,962 2,938,398 1,970,448 1847 4,637,616 2,041,130 960,334 1848 5,399,834 2,401,737 1,022,875 1849 4,453,983 2,099,821 851,080 1850 4,688,247 2,235,271 866,082 1851 4,487,041 2,333,710 940,006 1852 4,854,513 2,389,439 947,550 1853 4,560,912 2,474,206 880,408 1854 3,913,257 2,267,997 765,438 1855 5,256,874 2,608,862 816,688 1856 5,046,736 2,678,936 701,159 1857 5,243,940 2,262,733 537,364 1858 5,203,948 2,434,378 482,766 COSTA RICA. — The number of vessels that entered the port of Punta Arenas in 1858, was 68, of 26,069 tons. The shipments in that year consisted chiefly of 60,355 quintals of coffee, 11,678 hides, and 462,000 feet of cedar wood. Total Value of Imports and Exports, distinguishing British, from 1854 to 1858. Years. Imports. Exports. British. Total. British. Total. 1854 1855 1856 1857 1858 £ 142,000 53,100 73,000 15,000 136,600 £ 205,000 141,311 188,969 40,000 200,000 £ 97,445 66,190 86,179 88,207 40,117 £ 164,237 153,480 168,362 257,473 192,847 COT 91 COT COTTON.— The following table continues down the British trade in cotton to the present time from the year 1840, given at page 219. Account of the Quantities of Cotton imported into the United Kingdom, and the Quantities exported and entered for Home Consumption ; also the average prices of Upland, or Bowed Georgia, in each year, from 1841 to 1859. Years. 1842 1843 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 Imports. United States. 414,030,779 574,738,520 517,218,622 626,650,412 401,949,393 364,599,291 600,247,488 634,504,050 493,153,112 596,638,962 765,630,544 658,451,796 722,151,346 681,629,424 780,040,016 654,758,048 833,237,776 961,707,264 Other Countries. lbs. 117,719,307 98,454,596 128,892,682 95,329,541 65,906,881 110,108 324 112,782.673 120,964,962 170,423,749 160,740,787 164,151,904 236,826,953 165,181,803 210,121,528 243,846,288 314,560,848 201,104,400 264,281,808 TotaL lbs. 531,750,086 673,193,116 646,111,304 721,979,953 467,856,274 474,707,615 713,020,161 755,469,012 663,576,861 757,379,749 929,782,448 895,278,749 887,333,149 891,751,952 1,023,886,304 969,318,896 1,034,342,176 1,225,989,072 Exports. lbs. 42,251,302 39,619,979 47,222,560 42,916,384 65,930,704 75,054,320 74,203,792 98,893,536 102,469,696 111,980,400 111,875,456 148,569,680 125,554,800 124,368,160 146,660,864 131,927,600 149,609,600 175,143,136 Retained for Consumption and Stock. lbs. 473,976,400 581,303,105 554,196,602 679,063,569 401,925,570 399,653,295 638,816,369 656,575,476 561,107,165 644,550,800 817,906,992 746,709,069 761,778,349 767,383,792 877,225,440 837,391,296 906,000,000 1,050,845,936 72. • 398 75,531 409 80,142 Germany > • . 208 74,889 347 58,014 Holland , 509 150830 316 47,249 Java • 7 3,319 4 2,195 Belgium > • 411 79,878 134 36,112 France 863 173,160 354 27,674 Pondicherry 3 1,652 — — Portugal, Azores and Madeira 263 39,388 34 6,717 Spain and Canaries . 245 39,701 52 7,921 Philippine Islands . 8 4.034 6 4,128 Italian states • . 154 23,504 56 11,783 Greece 58 10,515 2 230 Turkey 55 15,836 16 3,514 Wallachia and Moldavia 38 7,110 15 3,684 Syria 3 815 2 325 Egypt 25 8,331 18 6,104 Morocco . 44 6,462 __ — United States 30 23.571 159 129.450 Cuba and Foreign West Indies 70 20,353 115 33,536 Central and South America . 199 101,813 129 71,917 Chinese Empire 65 43,087 11 8,670 Siam 1 284 East Coast of Africa 1 347 West Coast. Foreign Possessions 27 6,072 9 2,157 South Sea Islands . 1 177 Other Islands . 1 319 Whale Fisheries . 3 917 — — Total 4542 1,114,909 3938 870,531 There also entered in ballast 175 British ships, measuring 30,197 tons, and 29 foreign ships of 17.1S4 tons. DOC 106 DOC II. The Liverpool Docks. — The progress of dock accommodation in Liverpool has been also very extensive of late years, the trade of the port having risen to an enormous aggregate, nearly the whole of the cotton imports, and the principal portion of the American timber and emigration trade centring there, whilst it is also one of the chief steam-shipping ports of the kingdom. Ten years ago there were fifty docks of all sorts, and basins covering a water area of about 200 acres, estimated to have cost upwards of £10,000,000. Within the last few years, nine docks and graving docks have been constructed, and about 150 acres more of water space added to the accommodation of the port. Liverpool owns about 1 ,000,000 tons of shipping, sail and steam. The entries of vessels from foreign ports in 1858 amounted to 2,320,334 tons, exclusive of coasters. The value of the exports of British produce from Liverpool in that year was about £51,000,000, against £29,000,000 from London. The dock dues were further reduced in 1844 and 1848. The Albert Dock was opened in 1845. In 1849, £314,857 was expended in dock improvements, and in 1855, ,£328,465, in each case more than a year's revenue. About £1,090,000 has been expended on the Birkenhead Docks, which comprise the Morpeth Dock with 3 5 acres, Egerton, Z\, the Great Float 150, and the Deep Water Basin 37 acres. Since the last edition of this Cyclopaedia was printed, the following additions have been made to the dock accommodation: Albert Dock, 8 acres; the North, 55 acres; Toxteth, 2 acres; Harrington, 1 acre; South Dock, 16 acres; and Duke's, 2 acres; besides the Birkenhead Docks already mentioned. The following shows the extension of the trade of Liverpool: — 1841 Vessels. Tonnage. Dock Dues Received. 16,108 2,425,461 £ 175,506 1842 16,458 2,425,319 177,232 1843 16,606 2,445,278 188,286 1844 18,411 2,632,712 185,164 1845 20,521 3,016,531 223,247 1846 19,951 3,096,444 213,423 1847 20,899 3,351,539 244,435 1848 20,311 3,284,963 197,617 1849 20,733 3,639,146 224,224 1850 20,457 3,536,337 211,743 III. Docks at other Ports of the United Kingdom — Although it is Impossible to give detailed accounts of all the public works of the kind that have been lately constructed, a few of the principal may be mentioned. Southampton. — In 1842 new docks were opened at this port. The open dock or great tidal basin has 16 acres surface of water, with a depth of 18 feet at low water, and 31 feet at high water. The entrance from the Itchen estuaiy is 150 feet wide, from the north side of which is a jetty 180 feet long, and 25 feet wide, where a large trade is carried on with the Irish and West of England steamers, and sailing vessels from France, with eggs, butter and poultry; which trade has wonderfully increased of late, owing to the facilities afforded in the rapid transit to London by rail. At the East Quay is erected one of the finest pair of sheers in England, which is worked by steam power, and capable of lifting 50 tons. The quays round the open dock {measure 3300 feet, and are capable of affording quay berths for ten ships of the largest tonnage. On the south side are the entrances to three graving docks, viz. the Eastern Dock, the Middle, and Western Docks. Length from gates to head III* Length on blocks Width of gates Depth of water over blocks at ordinary springs Depth at neaps Eastern Dock. Middle. Western. ft. ft. ft. 538 282 346 425 233 343 80 51 66 25 14 20 21 10 16 DOC 107 DOC From the increased trade and demand for quay berths in 1856, an extensive jetty was erected on the south side of the open dock, at which two of the largest steamers can be accommodated to land and ship cargoes. The inner dock has 10 acres surface of water, and the entrance thereto is 56 feet wide, and as this entrance is provided with gates, there is always a depth of water of 32 feet. The quays round this dock measure 1810 feet, and at the west end four jetties are run out, 190 feet long, and 25 feet wide, at which eight vessels of the largest tonnage can lie to land or take in their cargoes. The inner dock is capable of affording quay berths to fourteen of the largest class steam ships, and is also provided with extensive import and export sheds, warehouses and vaults. Southampton. — The following return shows the Tonnage of Vessels which Entered the Southampton Docks during the Year 1859. Tons. From East Indies and Australia, via Alexandria . 98,831 West Indies . . . 79,887 Brazils .... 22,577 Peninsular . . I 47,361 United States . . . . .66,734 France ; 75,415 Channel Islands .... 74,876 Cape of Good Hope . . . 71,61 Ireland, &e. ..... 98,309 Total steam tonnage . 561,151 Sailing ships entering the Docks during the year 1859 . 95,012 Total sailing and steam ships . 656,163 Quantity of Specie Landed and Shipped at Southampton Docks during the Year 1859. Packages. Landed from East Indies and Mediterranean 594 West Indies ... I 9,288 Brazils . . . J 521 France and America . I ; 1,997 12,400 Shipped to the East Indies I I I I 56,063 West Indies III 307 Brazils . . . 469 56,839 South Shields. — The Tyne Docks, formed at South Shields, inclose an area of 179 acres, of which 50 acres are water area, the depth being 24 leet 6 in. at an average spring tide. The entrance basin is 9£ acres in extent, with a depth of 25 feet for a width of 200 feet in the centre of the channel, gradually shoaling to the sides. One entrance has a width of 80 feet, and there is a lock 300 feet in length and 100 feet in width, with gates 60 feet wide. In 1858 the quantity of coal shipped at South Shields amounted to 1,203,524 tons, and it is all shipped from the Tyne Docks. At Sunderland there is a dock with a tidal and half-tidal entrance, occupying a water area of 19 acres. A new deep-water dock is proposed to be formed at the Low Lights in the river Tyne. From the Northumberland docks one million and a half of tons of coal are now shipped annually. Swansea. — On the 23rd September, 1859, the new South Docks were opened at Swansea, consisting of 13 acres, having 4800 feet of quay wall, with a depth of water throughout of 24 feet; in addition to which is a half-tide basin of 4 acres, with 1600 feet of quay wall, communicating with the dock by a lock 300 feet by 60 feet. The tonnage entering this port has risen from 270,000 tons in 1851 to upwards of 500,000 tons in 1858. The inner basin is excavated to a depth of 29 feet 6 inches, the entrance to 28 feet; but the foundations of the walls are of sufficient depth to allow of an DOC 108 EAS increased deepening of the entrance channel to an extent of about 3 feet. The half-tide basin will accommodate steamers of the largest size. The entrance is 70 feet wide, being 15 feet wider than the entrance of the Bute Dock recently opened at Cardiff. West Hartlepool. — Capacious wet docks, 350 and 320 feet long, with large graving docks, were opened in this harbour on the 1st June, 1847, and the number of ships which entered to load or for refuge have increased from 1242 of 169,021 tons in 1848 to 4807 vessels and 589,990 tons in 1858. The coals and coke shipped thence were only 169,021 tons in 1848, whilst in 1858 the quantity had risen to 770,361 tons. Besides the tidal har- bour, 44 acres water space, the docks, building, timber, and bond yards, cover an area of upwards of 175 acres. At Goole there are four wet docks, covering 10 acres of water space, besides a dry basin and patent slip. At Great Grimsby there is an enclosure upwards of 1^ miles in extent, con- sisting of quay and water space, enclosing 150 acres of ground claimed from the sea. There is a cargo dock of 30 acres, and a tidal basin of 20 acres water area, with locks, graving docks, &c. At 31iddlesborough there is a wet dock of 9 acres water area, opened in May, 1842, in which upwards of 300 vessels are annually accommodated, taking away above half a million tons of coal. In Aberdeen there is a capacious dock of 34 acres, called the Victoria Dock. At Dundee the completed docks and tidal harbours afford water accommoda- tion of 42 acres. At Greenock there are three tidal harbours of 18| acres water area, and at Montrose there is a wet dock of 4 acres. A graving dock for ocean steamers was completed in 1859 at the mouth of the Liffey, near Dublin. EARTHENWARE.— In a lecture delivered before the Society of Arts in April, 1860, by Mr. Goddard, some interesting details were furnished on the Lambeth stoneware manufacture. Drain pipes are now a large article of con- sumption. At one time there were 40 kilns in Lambeth burning these pipes, and turning out about 60 miles per annum. The laboratory is supplied with stoneware stills and jars from 1 to 300 gallons, condensers, worms, pipes and pumps for conveying acids, jugs and ladles for lifting, and funnels for straining. Candle makers are largely supplied with bottles, pickle jars, jam jars, ginger beer, potash, and porter bottles. Distillers, wine and spirit merchants have barrels, bottles or cans, flat bottles, &c. The domestic uses are more numerous than select, Staffordshire ware being more approved, except for beer mugs, blacking bottles, warmers, butter pots, and others of a like character. Druggists' pots, tobacconists' jars, insulators for telegraphic wires, stands for aquariums, are all made of stoneware, besides a numerous array of vessels and apparatus for individuals of all trades and requirements. There are now 70 kilns in Lambeth, turning out each perhaps on an average £50 per kiln per week, and consuming upwards of 20,000 tons of coals per annum. Twenty- three thousand tons of clay are annually changed into useful articles, giving employment to more than 800 persons, and the returns of the Lambeth potters cannot be estimated at less than £150,000. In the whole trade some 12 miles of sewer and drain pipes are turned out per week, and about 1000 soil pans. The estimated weight of the earthenware of all sorts manufactured at the various potteries in the United Kingdom in 1850 was 160,000 tons, of the value of £3,500,000, of which the china was put down at about one-half. The con- sumption of gold alone in the embellishment exceeds £40,000 per annnm. The average value of exports of earthenware and porcelain from the United King- dom in the three years ending 1859 was £1,300,000, of this fully one-third goes to the United States. In 1843 the value of exports of earthenware was only £573,000. EAST INDIA COMPANY.— The functions of this Corporation are now wholly political, being jointly managed by the Board of Control, under a Secre- EAS 109 EAS tary of State appointed for India, and the Conrt of Directors. The Act of 16 and 17 Vict. c. 95, which came into operation on the 30th April, 1854, made material alterations in the constitution of the Directors by vesting in the Crown the appointment of some of the directors. By that Act the number of Directors was reduced to t-ighteen; in lieu of thirteen directors ten may act; and in all dis- patches and written documents, instead of the signatures of a majority of the direc- tors, those of the chairman and deputy chairman, with that of the senior mem- ber of the Court, or any two of them, countersigned by the secretary or deputy secretary, suffices. Before the second Wednesday in April, 1854, the Queen was to appoint three of the first directors for two, four, and six years; all the directors appointed by the Queen to be persons who have served ten years in India, either in the service of the Crown or of the Company. In the month of March, 1854, the existing directors, and those out by rotation in April, 1853, had to appoint from their own body fifteen of the first directors — five for two years, five for four years, and five for six years; such fifteen directors, with the three directors appointed by the Crowu, constitute the direction of the Company. The directors appointed by the Queen may be increased to six, casual vacancies may be supplied by the Crown until those not so appointed are reduced to twelve. Vacancies in the number of Crown directors, or of the Company's directors, to be filled up by the Crown, or the Company. Directors to be appointed for six years, and to be re-eligible. On the expiry of terms of office, biennial elections to be holden on the second Wednesday in April. Six of the fifteen directors first appointed by the Company were to be persons who had served ten years in India. Qualification by the possession of India stock, £1000 stock to be deemed sufficient. Existing rights of patronage ceased, and became subject to the Board of Control. Any natural-born subject of the Queen desirous of being admitted into the college at Haileybury, or of being appointed an assistant surgeon in the Company's forces, may be admitted as a candidate for such admission or appointment. Regulations are to be made by the Board of Control, and also respecting admissions into the military seminary of Addiscombe ; persons qualified and entitled only according to the regulations to be appointed to the civil and military services of the Company. Engineers to be appointed by the Board of Control. The debts and liabilities of the Company are all charged on India. The dividend of \0\ per cent, on the capital is to be paid in England out of the revenues of India ; and a security fund is established for its guarantee. The dividend is redeemable by Parliament at any time after April, 1874, on payment of £200 for every £100 stock. The East India territories annexed to the British dominions since 1849 have been Jeitpore (Bundelcund), Sumbulpore (Bengal), Bughut (Cis-Sutlej Hill States), part of Sikkim (N.E.India), Oodeypore (S.W. frontier of Bengal), Pegu (Martaban and the Tenasserim Provinces), the territory resumed from Meer Ali Morad, one of the Ameers of Scinde; the country of Jularam Sonaputtee and Northern Cachar, the Nagpore territory, Oude, Jhansi (Bundelcund), andBooda- wul (Candeish). The area of these States occupies a space of 118,968 square miles. The reasons for annexation were partly failure of heirs and partly mis- conduct towards the British Government. Pegu, conquered from the Burmese, includes 2306 square miles and 133,000 souls. The Indian finances, debt, &c. may here be treated of, reserving for the article INDIA those details more especially relating to shipping and commerce. On the 30th April, 1857, there were in India 281,569 troops, of which 254,286 were Company's troops, and 27,283 royals. Of the Company's troops, 150,036 were in Bengal. The mutiny in India, and the heavy expenses arising therefrom interfered materially with the progress of revenue collection, and entailed a heavy del t on the country. The various aggressive and defensive wars have largely added to the Indian debt. Thus during the Nepaul and Mahratta wars from 1815 to 1820, there was an aggregate deficit in expenditure over revenue of nearly £5,500,000. In the first Burmese war and the siege of Bhurtpoor, from 1825 to 1827, of £13,500,000. The Affghan, Scinde, and Gwalior wars, 1838 to 1844, caused a deficit of EAS 110 EAS nearly £9,000,000; the first Sikh war, 1846 to 1848, of about £3,000,000; and the second Sikh war of £1,500,000; the second Burmese war of about £3,500,000; while the mutiny led to a deficiency of upwards of £30,000,000. The debt of the Government of India, which, on the 30th April, 1834, amounted to £41,350,952, and on which interest was payable of £1,959,594, had risen, in April, 1860, to £97,851,807, with interest payable amounting to £4,461,029. Return of all Stocks, Loans, Debts, and Liabilities chargeable on the East India Revenues, at Home and Abroad, made out for England to 31st December, 1859; for India to 30th April, 1858. India. Registebkd Debt. Loans. Bearing Interest. Not Bearing Interest. Total. £ 50,828,788 37,324 50,866,112 Bearing Interest. £ 2,303,728 50,699 369,709 562,379 3,286,515 Not Bearing Interest. Total. £ 2,389,684 50,699 369,709 562,379 3,372,471 Government of India Bengal N. Western Provinces Punjaub Madras • Bombay • Government of India Bengal N. Western Provinces Punjaub Madras . . Bombay • Government of India Bengal N. Western Provinces Punjaub . . Madras . Bombay £ 50,776,151 23,450 £ 52,637 13,874 £ 85,956 85,956 50,799,601 66,511 Treasury Notes. Service Funds. 1,037,613 153,100 2,550 1,193,263 896 1,038,509 153,100 2,550 2,479,139 751,774 1,569,308 115,939 2,595,078 751,774 1,569,308 896 1,194,159 4,800,221 115,939 4,916,160 Bills Payable. Deposits and Miscellaneous. - 1,083,421 25,005 488,014 126,702 109,511 522,539 1,083,421 25,005 488,014 126,702 109,511 522,539 3,348 160,553 20,000 109,991 227,021 4,327,054 1,580,604 1,340,531 828,020 427,378 698,234 4,330,402 1,741,157 1,360,531 828,020 537,369 925,255 - 2,355,192 2,355,192 520,913 9,201,821 9 722,734 Return of all Stock?, Loans, Debts, and Liabilities chargeable on the East India Revenues, at Home and Abroad — continued. India. Total. Bearing Interest. Not Bearing Interest. Total. Government of India Bengal N. Western Provinces Punjaub Madras • . Bombay , i £ 56,599,979 10,553 70,699 369,709 1,600,694 1,798,879 £ 5,665,903 1,605,609 1,828,545 961,722 550,763 1,220 773 £ 62,265,182 1,766,162 1,S99,244 1,324,431 2,151,457 3,019,652 60,600,513 11,826,315 | 72,426,828 EAS 111 ECU In England there were the following liabilities: East India Bonds . ill'. East India Debentures ..... India 5 per cent. Stock ..... Owing for Exports ..... Warrants for various Payments and Bills of Exchange outstanding Pay-Office Demands and Admiralty Claims, &c Capital of Indian Railway and other guaranteed Companies re- maining in the Home Treasury, after deducting Sums (partly estimated) drawn by them in India Miscellaneous . ( . Total 979,517 956,000 999,000 286,826 343,447 592,740 ,087,080 343,227 . £30,587,837 The above is exclusive of the charge upon the revenues of India, under the Act of 3 and 4 Will. IV. cap. 83, of the Dividend at the rate of £10. 10*. per cent, per annum, on the sum of £6,000,000, the capital stock of the East India Company, which is subject to redemption by Parliament on payment to the Company of £200 sterling per £100 stock. There are also contingent liabilities in respect of interest-guaranteed Indian Railway and other Companies, and of Repayments to them of Capital expended ; but no estimate can be formed of the amount of these liabilities. India Office, 31st January, 1860. GEORGE FRIEND, Accouhtant-Generai* In examining the Indian Expenditure we find that in the seven years ending with 1858 the disbursements were under the following heads: Aggregate for 7 Years. Annr.al Average. Civil and Political Establishments Judicial and Police Charges - Roads and Public Works Military Charges, including Buildings - Navy and Marine Charges Mint Charges - Interest on Debt - Total Expenditure in India £ £ 17,918,554 18,086.936 9.644,377 80,878,496 4,373,669 520,869 16,158,356 £. 2,559,793 2.583,848 1,377.766 11,554,071 624,810 74,410 2,308,336 147,581,257 21,083,036 Besides the foregoing sum, £22,764,660 was expended in England, disbursed as follows, making a total expenditure of £170,345,917 in the seven years, or an average expenditure of £24,335,131. Establish- Dividends ments at to Interest Home, Civil, Charges Proprietors on the Military, and All other TotaL IN of Home Maritime, Charges. England. East India Stock. Bond Debt. Pensions, Re- cruiting, and Miscellaneous Expenses. £ £ £ £ £ 1851-52 625,059 121,022 490,214 1,270,082 2,506,377 1852-53 634.070 117,509 503,162 1,442,747 2,697,488 1853-54 632,970 112,012 495,648 2,021,659 3,262,289 1854-55 628,335 153,518 546.216 1,683,666 3,011,735 1855-56 632,689 152,017 493,834 1,986,089 3,264,629 1856-57 627,893 155,494 483,778 2,262,508 3,529,673 1857-58 626,860 159,165 764,782 2,941,662 4,492,469 4,407,876 970,737 3,777,634 13,608,413 Average 22,764,660 3,252,094 ECUADOR. — The population of this South American Republic is now 987,000 souls. Its agriculture, commerce, and general trade are steadily in- ECU 112 ECU creasing. The value of the exports now averages half a million sterling ; they consist chiefly of cocoa, about 14,766,000 lbs.; straw hats, 32,255 dozen; hides, raw and tanned; tobacco, 5,151 cwts.; bark, about the same quantity; orchilla weed, 22,600 cwt.; caoutchouc, 748 cwt.; timber, sarsaparilla, coffee, &c. The trade with Panama, carried on by means of the steam packets which touch at Guayaquil, is rapidly increasing. The decimal system was adopted for monies, weights, and measures, in Oct. 1858. The annual revenue and expenditure of this State are each about £200,000. The foreign debt of Ecuador amounts to £1,824,000, being the portion of the debt of Colombia assigned to this State, when it became an independent pro- vince, and the accumulated arrears, besides which it has an internal debt of about £130,000. The progress of the external trade of this republic is shown by the following movements of shipping and statistics: ENTRIES AT THE PORT OP GUAYAQUIL. No. Tonnage. 1852 175 21,746 I 1853 245 27,768 1855 246' 19,198 The quantity and value of the several from Guayaquil in 1858 were as follows: Articles. Cocoa , Quintals Straw Hats Dozens Hides, Tanned No. Tobacco Quintals Sarsaparilla Tamarinds Coffee Orchilla Bark Timber Lo^s Canes . Each Mangroves Poles Fire Wood India Rubber Quintals Specie Gold Dust No. Tonnage. 1856 216 42,612 1857 257 46,199 1858 190 42,913 les of domestic produce im] Quantity. Value. 198,591 £264,748 24,519 73,557 20,465 12,279 2,072 10,360 944 2,832 787 918 923 2,000 16,111 10,740 5,333 15,999 17,844 26,766 72,600 2,420 2,865 358 1,604 1,208 2,416 426,997 • 46,941 • 386 £474,324 Value of the Principal and other Articles Imported into the Port of Guayaquil in the Years 1857 and 185,8. Articles. Manufactures : —Cotton „ Linen . „ Woollen „ Silk and Raw Hosiery . Thread and Tape . Wearing Apparel . Hardware Metals:— Iron, Copper, Lead. Earthenware and Porcelain Glass .... Soap, Candles, Wax, &c Grocery .... Flour .... Wine .... Spirits .... Drugs, Spices, ■ 1,985,829 ... 2,195,882 12. Spain and the Canary Islands ■ 2,179,126 ... 2,081,627 13. Belgium - - 1,815,257 ... 1,474,873 14. Sardinia - - 1,174,580 ... 1,406,884 15. Portugal and the Azores . - 1,548,20T ... 1,398,020 16. Two Sicilies - • 1,569,168 ... 1,161,788 17. Java - - 832,045 1,073,088 18. Tuscany - - 933,921 ... 801,779 19. Austria - - 1,228,199 ... 789,886 20. Denmark (including Iceland) _ - 595,309 ... 724,002 21. West Coast of Africa, foreign - - 691,405 ... 710,239 22. Philippine Islands - - 541,475 ... 684,788 23. Syria _ - 760,497 ... 677,387 24. Mexico ■ - 411,831 ... 597,951 25. Sweden _ - 428,144 ... 546,632 26 Norway _ - 295,288 497,644 27. Greece _ - 249,462 ... 262,309 28. Papal States _ - 409,543 259,987 29. Central America _ ■ 393,179 ... 226,662 30. African ports in the Red Sea _ - 4.525 ... •204,924 31. South Sea Islands _ . 67,-33 114,949 32. Wallachia and Moldavia „ - 175,986 ... 111,027 33. Morocco - 84,076 96,390 34. Cape Verd Islands - 14,725 ... 22,159 35. Algeria - 21,033 ... 22,169 36. Persia - 8,998 ... 18,915 37. Tunis " - 4,520 ... 5,597 38. Eastern Coast of Africa - - 1,927 4,391 39. Japan - . — ... 2,892 40. 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"! — S 8 FEA 134 FUN SUMMARY. Aggregate exports from the United Kingdom to France, 1854—1859. Years. Produce and Manufactures of the United Kingdom. Foreign and Colonial Produce and Manufactures. TotaL Declared Value. Computed Real Value. 1854 1855 1856 1857 1858 1859 £. 3,175,290 6,012,658 6,432,650 6,213,358 4,863,131 4,754,354 £. 3,216,175 4,409,223 4,038,427 5,113,465 4,379,070 4,500,504 £. 6,391,465 10,421,881 10,471,077 11,326,823 9,242,201 9,254,858 FRAUDS UPON CREDITORS.— Frauds were frequently committed upon creditors by secret bills of sale of personal chattels, whereby persons were enabled to keep up the appearance of being in good circumstances and possessed of property, and the grantees or holders of such bill of sale had the power of taking possession of the property of such persons to the exclusion of the rest of their creditors. For the remedy of such collusive practices, the 17 and 18 Vict. c. 36, provides that every bill of sale shall be void unless the same, or a copy thereof, and of every schedule annexed, attestation of executors, together with an affida- vit of the time of making, and a description of the residence and occupation of the person giving the same, be filed within twenty-one days after the making of such bill with the clerk of the docquets and judgments in the Court of Queen's Bench, in like manner as a warrant of attorney in any personal action given by a trader, is now required to be filed. By sec. 2, in every bill of sale,if subjectto any defeasance, conditioner declara- tion of trust, the same must be written on the same paper or parchment as the bill of sale. Officers of Court to keep a book containing particulars of each bill of sale, and a search to be permitted on the payment of 1*. FUNDS. In the article under this head in the body of the work, the infor- mation as to the progress and state of the National Debt was brought down to 1841, but very great alterations have taken place since that period, and I now proceed to show what is the present state of the National Debt and the several stocks of which it consists: — State of the National Debt. 1850. 1859. Capital. Annual charge. Capital. Annual charge. Funded Debt Unfunded Debt £. 769,272,562 17,756,600 £. 27,687,884 405,072 £. 786,801,154 18,277,400 £. 27,731,713 472,586 787,029,162 28,025,523 805,078,554 28,204,299 The chief additions made to the National Debt since the details given at page 322, have been as follows:— In 1843, £44,897 Exchequer bills purchased and converted into stock by the National Debt Commissioners, involving an annual charge of £1359. In 1844, £15,217 of Exchequer bills purchased, by which an annual charge was creat d of £461. The Irish loan of £8,000,000 at 3 per cent, contracted in 1847, by which £8,938,547 capital was added to the debt, and £270,838 annual charge. FUN 135 FUN In 1848, £2,288,435 was raised on loan in the 3 per cents., involving an annual charge of £69,339. In 1S53, £1,683,661 was added for Exchequer bills and bonds funded, creating an annual charge of £49,870; and a 3 per cent loan of £16,000,000 was raised, the annuities and interest payable on which incurred an annual charge of £601,670. In 1856, Exchequer bills to £3,333,250 were funded, and the annual charge thereon is £100,997. Two loans of £5,000,000 each were also raised, which added £10,931,875 to the funded debt, and £331,236 to the annual charge. The loan contracted to meet the wants of the Irish in 1847 was wholly paid off in five years. The addition made to the National Debt by the Russian war was £36,645,987, and of this £3,536,305 has since been extinguished. But taking into accoimt the subsequent increased taxation, the total cost to this country of the struggle with Russia, cannot be estimated at less than £70,000,000. Amount of the Funded and Unfunded Debt of the United Kingdom, with the Increase or Decrease thereof, in the various years when War or Peace commenced, between 1691 and 1859. Amount of Debt, and of Increase (*) War or Peace, and its Duration. Years. or Decrease (f). Funded. Unfunded. TotaL £. £. £. 1691 3,130.000 3,130,000 { 1,200 000 13,322,925 14,522,925 War, 7 years to 1697 ♦1,200,000 ♦10,192,925 ♦11,392,925 s 3,200,00G 9,567,225 12,767,225 Peace, 5 years to 1702 *2 00",000 +3.755,700 fl,755,700 i 26,078,0^5 8,621,762 34,699,847 "War, 11 years to 1713 *22,87t«,085 ♦945,463 ♦21,932,622 1 34,766,199 5,613,485 40,379,684 Peace, 5 years to 1718 •8,^88, 114 f3,008,277 ♦5,679,837 i 49,811,715 4,593,393 54,405,108 War, 3 years to 1721 •15,045.516 tl,020,092 *14,025,424 1 42,962,486 3,651,397 46,613,883 Peace, 18 years to 1739 +6, 849. 229 t94 1,996 f7,791,225 i 68,420,147 7,391,985 75,812,132 War, 9 years to 1748 •25,457,661 ♦3,740,588 ♦29,198,249 ( 73,759,470 815,555 74,575,025 Peace, 8 years to 1756 \ ♦5,339.323 f6,576,430 fl,237,107 129,160,193 3,555,856 132,716,049 War, 7 years to 1763 ♦55,400,723 ♦2,74<>,301 ♦58,141,024 \ 124,763,009 2,399,404 127,162,413 Peace, 1 1 years to 1774 14,397,184 + 1,156,452 +5,553,636 { 212,773.347 19,070,284 231,843,631 War, 9 years to 1783 ♦88,010,338 ♦16,670,880 ♦104,681,218 I 234.034,7 K- 13,839,718 247,874,434 Peace, 10 years to 1793 ♦21,261,369 f5, 230,566 •16,030,803 ! 522,231,786 15,421,222 537,653,008 War, 9 years to 1802 •288,197,070 tl,581,504 ♦289,778,574 1 528,260.642 19,472,154 547,732.796 Peace, 1 year to 1803 •6,028,856 •4,050,932 ♦10,079,788 1 816,311,941 44,727,108 861,039,049 War, 12 years to 1815 ►288.051,299 +25,254,954 ♦313,306,253 I 752,064,119 23,151,400 775,215,519 Peace, 40 years to 1854-55 f64,247,822 t21,575,708 185,823,530 i 780,119.722 27,989,000 808,108,722 War, 2 years to 1856-57 ♦28,055,603 ♦4,837 600 ♦32,893,203 Peace, 2 years to \ 786,801,154 274,400 805,078,554 1858-59 ♦6,681.432 711,600 +3,030,168 The following is a brief description of the several Stocks which now constitute the Public Debt:— FUN 136 PUN Three per Cent. Consolidated Annuities. This Stock, commonly known as the Three per cent. Consols, originated in 1751, when several descriptions that had been previously kept separate were consolidated into one, bearing a uniform rate of interest at 3 per cent, per annum. This Stock constitutes the most important portion of the Public Debt. At the period of its consolidation, it amounted only to £9,137,812 ; but in 1858, it stood at £400,829,812. Reduced Three per Cent. Annuities. This Stock was formed at the same period as the one just described, when it amounted only to £17,701,323. In March, 1859, the amount stood at £115,104,504. Debt due to the Bank of England. This debt consists of various sums which have been borrowed by the Government from the Bank, at different periods since its first establishment in 1694, when it amounted to £1,200,000. In 1859 it stood at £11,015,100. New Annuities at Three per Cent., formerly Reduced Three and a Quarter per Cent. Annuities. This Stock originated in 1830 by the conversion of the New 4 per Cents., which had been formed in 1822 from the Navy 5 per Cents. The holders had the option of receiving £100 of this Stock, or £70 of 5 per Cents., or of being paid off at par. The Stock created in 3| per cents, in 1830, amounted to £150,119,609, and £469,398 of the 5 per Cent. Annuities. In 1844 the rate of interest was reduced to 3 a per cent., and the Stock consolidated with several others, amounting to £248,860,663. The amount of Stock paid to dissentients was £103,352, leaving the capital Stock at £248,757,311, effecting thereby a saving of interest to the amount of £621,893 per annum. In 1854 the rate of interest was further reduced to 3 per cent. The present rate of in- terest on this Stock is not liable to any further reduction until after the 10th of October, 1874. The amount of unredeemed capital in 1859, was £212,661,740. The sum of the above Stocks comprehends the capital chargeable with the uniform rate of 3 per cent, per annum interest, exclusive of Irish Stock, and in 1859, stood at £739,611,156. New Five per Cent. Annuities. This Stock originated from the conversion of 1830, referred to above, the holders of which were guaranteed against any further reduction in the rate of interest for 45 years, or until after the 5th of January, 1875. The amount of this Stock in 1859, stood at £430,604. New Three and a-Halfper Cent. Annuities. This Stock was created in 1853, and stood in 1859 only at £240,746. New Two and a-Halfper Cent. Annuities. This Stock, also created in 1853, amounted, in March, 1859, to £2,985,472. The Irish Funds. The total amount of the Irish Funded Debt is about £43,000,000, and is made up of the following Stocks: — 1. The New Annuities at Two and a-Halfper Cent., amounting to £30S0. 2. The Consolidated Three per Cent. Annuities, which amounted to £6,373,044 in March, 1859. 3. The Reduced TJireeper Cent. Annuities, amounting to £122,607. 4. The New Annuities at Three per Cent., formerly Three and a Quarter per Cent. Annuities, amounting to £33,98,3,376. 5. Debt due to the Bank of Ireland, amounting to £2,630,769 at 3£ per cent, interest. 6. The New Five per Cent. Annuities, amounting to £2000. The total of the above Stocks on the 5th January, 1858, was £43,114,876. That portion of the National Debt which consists of terminable Annuities of various descriptions, is not included in the statements of the principal Stocks, but is given in the annual charge. Amongst these are the following: — Long Annuities, which originated in 1780, and subsequently received several additions, but all terminated in January, 1860. They were principally granted as premiums or bonuses to the subscribers "to loans. In 1858, the amount was £1,157,710 for Great Britain, and £135,357 for Ireland. By their expiry in 1860, a yearly saving ensued of £1,599,500. Annuitiesfor Terms of Tears. These Annuities have been granted at various FUJN 137 FUE dates, and expire at different periods: they are created under the 59 Geo. III., cap. 34; the 10 Geo. IV., cap. 24; and the 3 Will. IV., cap. 14, in exchange for Stock or money transferred to the Commissioners for the reduction of the National Debt. The amount in 1859 was .£930,423. Annuities to the amount of £306,000 per annum ceased in October, 1859. The terminable Annuities valued by estimate by Mr. Finlaison in 1859 amounted to £3,363,757. Life Annuities. These Annuities were created under the Acts 48 Geo. HI. cap. 142, the 10 Geo. IV., cap. 24, 3 Will. IV., cap. 14, and 16 and 17 Vict., cap. 45, and are payable at the National Debt Office, Old Jewry. The Commissioners grant annuities in exchange for Stock or Money, on single or joint lives, according to the age of the respective parties, at rates set forth in the last-mentioned act. In 1829, Mr. Finlaison, the Government Actuary, found that the Tables, which had been used in calculating these Annuities, occasioned an annual loss to the public of about £100,000, owing to the improved value of human life ; the con- sequence was, the introduction of the Tables now in use. The amount of these Annuities chargeable upon the public revenue, on the 31st of March, 1859, was £1,098,499. The Dead Weight Annuity. This is an Annuity of £585,740, paid by the public to the Bank of England, and arose out of the pensions due to the Army and Navy, at the termination of the war in 1815, which then amounted to nearly £5,000,000 per annum. It was estimated that the whole of these pensions would terminate in forty- five years, by a gradual decrease annually. By the Act 4 Geo. IV., cap. 22, an annuity was authorized to be contracted for the amount of £2,800,000. The Bank of England agreed to take a part of this Annuity, to the amount £585,740 per annum, for which they paid between 1823 and 1828 inclusive, £13,089,419. The Annuity expires in 1867. The remainder of the Government Annuities consist of tontines and life annui- ties, amounting to £5523, granted under various Acts of Parliament. In addition to the several Stocks which have been thus briefly described, are two others, which, though they do not come under the denomination of the Go- vernment Securities, are ranked amongst the principal Stocks in which investments are made; of these, the first is — Bank Stock, the capital of the Corporation of the Bank of England, as a banking company, the origin of which is given elsewhere, amounts to the sum of £14,553,000. The dividends payable on this Stock, during the last seven years, have ranged between 7 and 9 per cent, per annum. East India Stock. The Capital Stock of this Corporation amounts to £6,000,000 sterling. The Company obtained their original charter in the same manner as the Bank of England, viz., by a loan to the extent of £2,000,000 to the Government, which has increased at different times to its present amount. The Corporation ceased to be a commercial company under the 3 and 4 Will. IV., cap. 85, and only act as a political body in connexion with Government. The dividend is fixed at \0\ per cent, on the Capital Stock, or £630,000 per annum, which is paid out of the revenues of India. East India Bonds. These securities were issued by the East India Company, as security for debt due to the public, in sums of £100, £200, £300, £500, and £1000 each, and payable to the Company at par, when 6 months' interest has accrued upon them, which is computed up to the day they are negociated, and is payable on the 31st March and the 30th September. £2,905,000 of a 4 per cent, debenture loan was issued in London in 1857, under the Act 21 Vict., cap. 3. The number of fund holders does not vary to any very great extent, the average number in the five years ending 1859, was 267,890 persons. In 1859, of the 266,719 persons entitled to dividends there were 93,296 for dividends under £5; 44,020 under £10; 86,312 not exceeding £50; 22,863, £100; 12,668, j£ J 200; 3627 under £300; 2364 under £500; 1168 under £1000; 375 under £2000, and only 223 who drew dividends exceeding that amount. FURS —In cold countries furs and garments of skin are more appreciated FCJR 138 FUR than with us, the sheep or lamh-skin jacket, the seal-skin garments, the buffalo robes or bear- skins for sledge use or for wrappers, otter caps, mitts and gaunt- lets, victorines, cuffs, muffs and boas, become essential articles of dress. The destruction of wild animals by the hunter is enormous in the prairies and wilds of North and South America, the steppes of Russia and Siberia, the jungles of India, and the deserts of Africa. Several ships almost entirely freighted with furs from the Hudson's Bay Company's vast hunting-grounds in Arctic America arrive each season, and an inspection of their stores before their periodical sales in December, January and March, is such a sight as is not often to be witnessed. It is difficult to calculate the exact extent or value of the fur trade ; but eight or ten years ago it was estimated that the fur trade of the world amounted to about £7,000,000 sterling in value, of which Russia supplied one-third. We imported in 1855 about 4,000,000 skins of wild animals ; of these, 2,750,000 were of the smaller animals of the weasel, fisher or marten, and cat tribe, the musquash, nutria, rabbit, squirrel, &c. ; 600,000 were seal-skins, and nearly 400,000 were racoon-skins. In 1856 the skins imported numbered about 3,500,000 ; of these nearly one- half were re-exported. The extent of the foreign trade in skins and furs is shown by the figures for 1856 ; and from these it appears that we exported over five millons of skins, of which the declared value was £320,000 ; of these, 2,382,036 were sheep-skins, undressed, without the wool, and about 1,400,000 hare and rabbit-skins, obtained in the United Kingdom. Furs have been at all times prized in China as objects of comfort and luxury. In the northern provinces they are used as defences against cold; while through- out the empire they constitute an important part of the dress of every rich noble or ostentatious person. With the least change of air the Chinese immediately alter their dress ; and even at Canton, which is under the tropic, they wear furs in the winter. The first cargo taken to China by sea was in 1779, in Cook's ship, after he had been killed, and they realized £2000. In Siberia, sables, martens, stoats, foxes, squirrels and ermines are tracked and trapped by the hunters for their furs. As a general rule, the furs of the eastern are of a better quality than those in the western provinces ; but the ermines near the rivers Irtish, Oby, and Ishim form an exception, being of three times the value of those found beyond the river Lena. Skins are disposed of in Yakoutsk to the value, annually, of £300,000 or £400,000 sterling ; and furs of more than twice that value are sold in a single town bordering on Chinese Tartary. The following return illustrates the extent of our foreign supplies and com- merce in Furs : — An Account of the Number of Furs imported into the United King- dom in 1856, distinguishing the countries whence imported, and the total number of each exported in the same year. Badger, undressed : Beaver, undressed: Quantities imported — Number. Quantities imported — Number. From Russia 1,810 From Hanse Towns ^ , 3,255 Hanse Towns . . 2,412 United States . 9,541 British North America 997 British North America 70,012 Other parts • 43 Other parts • 30 82,838 Quantities re-exported • 5,262 891 Quantities re-exported Cat, undressed : r 67,273 Bear, undressed: Quantities imported— Quantities imported— From Hanse Towns . ~ 25,020 From Hanse Towns . I 263 Holland . 1,032 United States . 2,170 Belgium . 2,350 British North America 9,175 United States . 3,360 Other parts , 262 British North America 360 ■ Other parts . , 16 Quantities re-exported « 11,870 9,157 Quantities re-exported 32,138 7,625 FUR Chinchilla, undressed: Quantities imported — From Hanse Towns St. Thomas New Granada Buenos Ayres Chili Peru. Quantities re-exported . Coney, undressed: Quantities imported — From Hanse Towns France . British North America Other parts . Quantities re-exported Deer, undressed : Quantities imported— From United States British East Indies British North America Other parts . Quantities re-exported Deer, Indian, half dressed : Quantities imported— From British East Indies Quantities re-exported . Deer. Indian, tanned, tawed, or dressed : Quantities imported— From British East Indies . British North America Other parts Quantities re-exported , Ermine, undressed : Quantities imported— From Hanse Towns . United States . British North America Other parts Quantities re-exported . • Ermine, dressed: Quantities imported From Hanse Towns . . Quantities re-exported . Fisher, undressed: Quantities imported — From United States . British North America Other parts . , Quantities re-exported 139 FUR Number. 1,500 5,000 12,900 8,469 26,067 32,678 86,614 28,731 55,640 14,382 70,733 1,530 142,285 24,150 50.900 19,359 1,929 1,731 73,919 31,852 1,500 9,140 366 207 9,713 6,823 93,249 1,000 1,854 420 96,523 1,920 1,300 4 3,495 14,647 18,150 4,796 Fitch, undressed: Quantities imported— Number. From Russia .... 5,000 Hanse Towns . . 140,667 Belgium .... 7,088 Other parts . , . 200 Quantities re-exported . ' Fox, undressed : Quantities imported— From Hanse Towns United States . British North America Other parts . Quantities re-exported Fox Tails, .undressed: Quantities imported— From Hanse Towns . 15S,955 1,588 44,126 35,598 175 81,487 79,063 2,630 Hare, undressed : Quantities imported From Sweden . . 5,911 Denmark , ; . 41,010 Prussia . . . 36,500 Hanover . . 68,000 Hanse Towns . , 107,425 Other parts . • 2,939 261,785 Quantities re-exported • • 8,600 Kangaroo, undressed: Quantities imported — From Fernando Po I . 586 Vest Coast of Africa . 500 British Possessions on the Gold Coast . . 2,420 British Settlements in Aus- tralia 59 Quantities re-exported Kolinski, undressed : Quantities imported— From' Russia Denmark , Hanse Towns . Leopard, undressed : Quantities imported— From British Possessions in South Africa British East Indies . Other parts Quantities re-exported Lion, undressed : Quantities imported — From Spain . . '• Other parts . Quantities re-exported 3,565 54 5,360 11,145 56,244 72,749 120 24 144 20 FUR 140 PUR Lynx, undressed : Quantities imported — From United States British North America Other parts . . Quantities re-exported Marten, undressed : Quantities imported— From Hanse Towns . France United States British North America Other parts Quantities re-exported • Marten tails, undressed: Quantities imported — From Hanse Towns . . France . . . Other parts • Quantities re-exported Minx, undressed : Quantities imported — ' From Hanse Towns . . United States . British North America Quantities re-exported Minx, dressed : Quantities imported — From France . United States Quantities re-exported . Musquash, undressed : Quantities imported — From Hanse Towns . « United States . British North America Other parts Quantities re-exported Nutria, undressed : .Quantities imported— From Uruguay . Buenos Ayres . Other parts Quantities re-exported Otter, undressed : Quantities imported— From Hanse Towns . United States . British North America Other parts Quantities re-exported Panther (the puma), undressed: Number. Quantities imported— Number. 1,501 From British North America 13 . 14,182 5 Other parts • 3 15,688 16 7,059 Racoon, undressed:' Quantities imported— From Hanse Towns . . . 10,378 . 13,469 United States . . . 481,713 3,100 Other parts . 6,030 9,809 . . 180,247 498,121 152 Quantities re-exported . • 380,870 206,777 . 46,367 Sable, undressed : ~~ ~~ Quantities imported — From United States , 844 . 40,230 Quantities re-exported . 1,675 . 11,920 8,600 Seal, in the hair, not tanned tawed. i- ■ or dressed : 60,750 Quantities imported — 500 From Russia 8,883 .— — _ Norway . . . 18,280 Denmark . . . 23,240 Hanse Towns . , . 41,339 . 4,710 . 48,741 . 59,015 Holland . United States . • . 65,149 . 41,364 Uruguay . 17,032 Greenland and Davis' Straits 87.053 British North America . 371,275 112,466 . 46,171 Other parts • 7,619 Quantities re-exported 681,234 3,695 500 ~ — 80 Squirrel or Calabar, undressed : Quantities imported— 580 From Russia . 400,000 578 Hanse Towns 1,778,691 Other parts . 10,046 23,650 838,758 327,500 522 1,190,430 , 529,664 21,400 150,243 4,178 175,821 8,949 2,514 2,198 15,111 107 19,930 16,464 Quantities re-exported Squirrel or Calabar, tawed: Quantities imported— From Hanse Towns . Other parts 2,188,737 1,529 1,012 2 1,014 Squirrel or Calabar tails, undressed (entered at value) : Value of quantities imported— Value. From Hanse Towns . . . £4,112 Other parts . . . 1,208 Value of quantities re-exported . '925 Swan, undressed: Quantities imported— Number. From Holland • . . . . 1,771 British North America . 646 Other parts ... 1 2,8 FUR 141 FUR Ticrer, undressed: Wolf, undressed: (Quantities imported— Number. Quantities imported— Number. From West Coast of Africa 18 From Hanse Towns 260 British Possessions in South United States 78 Africa . 33 British North America 9,647 British East Indies . 166 Other parts • 27 9,885 244 Quantities re-exported . 336 Quantities re-exported . . * 21 Wolverines, undressed : Quantities imported — From United States British North America 2 1,065 Weasel, undressed: Quantities imported— From British North America 94 Quantities re-exported 1,067 Declared Foreign Skins (British dressed), Declared Value. exported in the year 1856 : Value. £ Goat and Kid, 177,311 .£14,713 . 25,134 Musquash, 738,137 . 43,945 . 21,919 Nutria, 1,200 152 Seal, 69,040 . 35,405 . 1,337 Squirrel, 172,880 Other kinds, not distinguished . 5,800 . 116,550 in the entries . . Total Number, 4,836,454 . . 52,560 2,579 £320,044 An Account of the Number and declared Value of Skins exported in the Year 1^56, distinguishing those of the produce of the United Kingdom from Foreign Skins dressed or otherwise prepared in this country. British Skins exported in the year 1856: Calf, undressed, 12,194 dozen Coney and Hares, 1,381,298 Sheep, dressed in the wool, 358 cwt .... undressed, without the wool, 2,382,036 Other kinds, not distinguished in the entries The vast territories of the Hudson's Bay Company, forming great hunting grounds for fur-bearing animals, furnish the largest quantity of furs used in trade. Russia is next in importance, but it has a different race of animals. The fur produce of the United States and of Canada is also considerable. The average annual value of the peltries exported from America by the Hudson's Bay Company between 1827 and 1833 amounted, according to Mr. McGregor, to £210,000, of which possibly one- sixth part was received from the territories west of the Rocky Mountains. Mr. Wyeth estimated the amount of the furs derived from those territories by the Company in 1836 at about £28,000 London price, for which is given about £4000 worth"(prime cost of goods), the services of 350 men, employed in various parts of the business, shipping to bring supplies and take back returns, and two years' interest on the investments. Mr. Alex. Simpson estimates the entire value of the furs and other articles traded by the Company from the Indians, in all its territories and possessions, at rather less than £200,000 per annum ; but, he adds, that in the year when they reached £211,000, the net profits were declared at £119,000. The average profit on £200,000 is said to be £110,000. The entire stock-in-trade of the Company is not more than £400,000. The shares which were originally worth £100 each, are now worth £225. The average value of the annual export c f furs by the Hudson's Bay Com- panv of late years has been about £360,000. At their half-yearly sale in April, 1857, the proceeds were £230,000. A large proportion of furs used in America and elsewhere, are cured and dressed in London ; and although England does not use expensive furs, yet London is the great fur mart of the world. The ermine is considered the most precious, and next to that the Russian sable ; but the real sables are rare, for according to our latest Russian statistics, only 55,000 skins of the beautiful little animal were produced during an entire year in the Czar's empire. The prices paid for them are almost fabulous, a fine set being worth £400. The sable fur lining of one of the Emperor's cloaks, shown ta the Exhibition in 1851 ; was valued at £1000. Next to the salle FUR, 142 FUR in popularity and costliness, ranks the marten or American sable— a fur rich and high-priced, and so fashionable as to be almost universally sought for. The Hudson Bay sables are next in value, and are almost as expensive as the Rus- sian. Next is the mink, pre-eminent for beauty, wear and durability. It is not, perhaps, so delicate looking as the stone mai-ten, or so artful looking as the African monkey, or so captivating as the ermine ; but is quite as graceful and more thrifty than them all. Besides the mink, the stone marten, the fitch, the Siberian squirrel, and the Persian and Russian lamb, are in daily use. The skin of the black bear forms the most magnificent sleigh robes — a good turn-out of which, including robe and apron, costs upwards of £20. The Canadian furs most esteemed in Europe, and of which they have no representatives, are the black fox and the silver fox. These are found only in the Hudson's Bay Ter- ritory, or on the north shore of the St. Lawrence. The racoon and the musk- rat are also confined exclusively to the American continent. In England valuable furs are but little worn — the climate not requiring the lengthened wear of furs at any one time. The musquash, the rabbit, and the American hare, dyed, form therefore the bulk of the furs worn here. The aggregate value of furs exported from St. Paul, Minnesota, in 1858, was £32,204 ; in 1857, £36,500 ; and in 1856, £19,350. The apparent decrease in 1 858 was not in quantity, but occasioned by the decreased value of the furs. St. Paul is becoming a great depot and outlet for the fur trade. Prior to 1844 the entire fur product of the Red River valley, North and South of the British boundary, was collected by the agents of the Hudson's Bay Company, and sought the seaboard through Nelson's River and Hudson's Bay. In 1844 an effort was made from St. Paul to get the furs of the Red River Valley. The first year only £300 worth came that way; in 1856 the value amounted to £15,000. From Pembina, in 1857, there were received at St. Paul £24,000 worth of furs. In 1858, owing to a failure and scarcity in the " buffalo crop," the amount was considerably less from that source. The large overland traffic which has sprung up between St. Paul and the Red River demands new facilities of communication. The immense annual caravans which come from these settlements laden with the products of the chase, and returning with the proceeds of their barter, is an interesting characteristic of trade. In 1 858 the aggregate arrivals of the Red River carts, those ships of the wilderness, is stated at six hundred. In 1844 the whole product of that region which sought American channels, was conveyed in six carts. The superiority of the outlet at St. Paul for the Red River region over the mul- titudinous portages of Nelson's River, has been abundantly proved. Establish a railroad communication with the Red River valley, and the whole trade of the Hudson's Bay Company would seek the avenue of exportation through St. Paul. The annual export of furs from the basin of the Winnipeg, directly tributary to St. Paul, is about £200,000. Value of the Skins and 'Funs imported and exported from the United States. Exports, Imports. Produce of the United States. £ £ 1849 120,300 131,245 1850 * 203,000 170,500 1851 197,630 195,552 1852 230,215 159,701 1853 346,704 159,220 1854 252,444 177,706 1855 302,247 141,906 1856 524,087 190,490 1857 471,108 223,210 1858 290,443 200,477 FUE 143 FUR Bears are found in considerable numbers in the Minnesota Territory and other parts of the new settled States of America, also in small numbers in Canada and the Lower Provinces, but they are constantly diminishing before the progress of civilization. The black bear is by far the most numerous, but few of the grizly species being found. An average skin is worth five dollars — a very good one (she-bear), from six to seven. They are principally used for saddle hous- ings and harness trimmings, and sometimes for sleigh robes. Their hides are best when just issuing from their winter's sleep ; and at that season the Indians are reaping their bear harvest. Two or three thousand bear-skins are annually imported by the Hudson's Bay Company, and as many more from the United States and Canada, &c. The buffalo is the monarch of the peltry tribe in the " Far West " of North America. Immense herds of these animals range the vast prairies extending from the Mississippi to the Missouri. The luxurious meadows furnish them with abundant subsistence the year round. They are not met with till you advance some two or three hundred miles west of the Mississippi, to the head waters of the Missouri or its tributaries. Incredible numbers, amounting, as was estimated, to several hundred thousand in a drove, were seen by Governor Stevens and his party in the summer of 1853, on his survey of the Northern Pacific Railroad route. Two days were required to pass some droves, from which it may be inferred that they were from forty to fifty miles in length, ex- tending on cither side as far as the eye could reach. Some of the mules and horses getting mingled in the droves, it was found impossible to retake them, and they were lost. The skins dressed in the Indian fashion with the hair on, and termed buffalo robes, make admirable defences against the cold, as blankets, sleigh wrappers, &c The average price of buffalo robes in the Minnesota Territory is about four dollars wholesale, and seven or eight retail Very large black robes sometimes bring as high as ten dollars cash. The number of buffaloes annually slaughtered on the Missouri plains is esti- mated at 400,000. 150,000 buffalo robes are received at various fur stations, and 100,000 buffaloes are supposed to be killed by the Indians merely to obtain their skins for tent coverings. Of the remaining 150,000, some are diverted to the use of blankets, saddles, skin boots, &c, a large number also freeze or starve to death in winter in the snow banks, which for months are found in drifts of from five to ten feet in depth, and many of them are drowned in crossing the Missouri river in large herds, by crowding one upon another. These hides are, of course, lost. In a very few years the buffalo will be extinct, for they are now slaughtered with a recklessness that destroys as if they were inexhaustible and innumerable. One steamer brought down in 1853 to St. Louis, from the Kansas river, 4000 packs of buffalo robes, valued at £32,000. The average annual return of the buffalo robes purchased during the last eight or ten years is as follows : Robes. American Fur Company . ; 70.000 Hudson's Bay Company . , 10,000 All other Companies . . 10,000 90,000 In the north-west the Hudson Bay Company purchase from the Indians but a very small number; their only market being Canada, to which the cost of trans- portation nearly equals the produce of the furs; and it is only within a very recent period that they have received buffalo robes in trade. Out of the great number of buffalos annually killed throughout the extensive regions inhabited by the Camanches and other kindred tribes, no robes whatever are furnished for trade. During only four months of the year (from November until March) are the skins good for dressing; those obtained in the remaining eight months being valueless for traders; and the hides of bulls are never taken off or dressed as FUE 144 FUR robes at any season. Probably not more than one-third of the skins are taken from the animals killed, even when they are in good season, the labour of prepar- ing and dressing the robes being very great, and it is seldom that a lodge trades more than tAventy skins in a year. It is during the summer months and in the early part of autumn that the greatest number of buffalos are killed, and yet at this time a skin is never taken off for the purposes of trade. It appears by an official report that the whole number of animals killed by the hunting tribes in 1854, 1855, and 1856, was as follows: Bears, 4733; beavers, 11,497; black muskrats, 110,941; cross foxes, 1650; deer, 59,928; elk, 16; fawn, 5069; fisher, 6078; grey fox, 32,985; red fox, 5088; lynx, 1230; marten, 21,522; mink, 306,086; musquash, 2,472,381; opossum, 65,329; otter, 8596; racoon, 1,134,301 ; silver fox, 333; sable, 320; silver grey rabbit, 2095, and sea otter, 362. The following is a return of the yearly importations of furs by the Hudson's Bay Company from their possessions about Hudson's Bay, in the past four years. The aggregate number of skins would seem to be declining, but it is chiefly in the more common kinds of peltries, for the higher priced ones, such as the foxes, otter, bears, wolf and wolverine, racoon, &c, are still obtained in large quantities: Skins. 1856. 1857. 1858. 1859. Beaver 61,789 67,613 72,241 68,299 Badger 785 1,090 1,285 1,503 Bear 3,803 3,199 3,566 3,G52 Fisher 4,885 4,886 5,189 5,750 Fox, Silver 807 826 894 946 „ Cross 2,686 2,718 3,307 3,176 „ Red 9,749 8,851 10,295 10,277 „ White 1,715 2,158 1,542 1,920 „ Kit 5,668 9,811 5,546 4,566 Lynx 18,907 20,794 28,102 21,549 Marten 144,461 110,843 108,752 86,248 Mink 40,378 43,318 40,336 33,895 Musquash 280,543 291,112 219,829 170,893 Otter 8,984 9,822 9,968 8,641 Rabbit 70,685 60,929 54,516 42,362 Racoon 301 187 85 154 Seal, Hair 288 588 498 25 Skunk 7,728 8,124 8,460 9,141 Swan 646 775 829 840 Wolf 8,786 6,789 12,007 8,153 Wolverine 649 643 697 900 677,243 660,086 587,944 482,890 The Company's importation from the North-west coast of America has to be added to the foregoing, and comprised in the last two years the following number of skins : Skins, 1858. 1859. Skins. 1858. 1859. Beaver 17,468 20,015 Brought up 57,472 54,G12 Badger 84 64 Musquash 14,129 5,251 Bear 4,677 3,951 Otter 2,506 2,267 Deer 1,837 2,689 Sea Otter 301 147 Fisher 933 1,341 „ Pups - 30 24 Fox, Silver 194 171 Tails - 186 40 „ Cross 568 559 Rabbit 41,018 2,210 „ Red 607 518 Racoon 1,902 2,296 Lynx and Cat 4,889 1,815 Seal, Hair 12,892 10,423 Marten 26,217 12,150 Wolf 785 406 Mink Carried up 30,482 11,339 Wolverine 4J0 102,125 468 57,472 54,612 Total - 78,144 GAS 145 GLA GAS CO MP ANTES. —In the United Kingdom 991 cities and towns are fur- nished with gas. Of these 95 are supplied by municipal corporations or private individuals, and 896 by trading companies. In Scotland 149 towns are lighted without, and eight with special Acts of Parliament. In Ireland 52 towns are lighted without, and four towns with special Acts of Parliament. In England 533 towns are lighted without, and 150 with Acts of Parliament. The sum ex- pended by the 839 gas companies in England, Ireland, and Scotland amounts to £25,041,309, and by the private individuals and corporations on the remaining 95 gas works to £2,114,595, being a total of £27,155,814. A ton of English gas coal will yield 9000 cubic feet of gas, 14 cwt. of coke, 10 gallons of tar, and 1 gallons of ammoniacal liquor, while the light from each ton is equal to 420 lbs. of sperm candles. A ton of Scotch cannel coal will yield 11,500 cubic feet of gas, 10 cwt. of coke, 14 gallons of tar, and 14 gallons of ammoniacal hquor, while the light is equal to 820 sperm candles; and a ton of Boghead cannel (the Torbane mineral) will give, when manufactured into gas, light equal to 1950 lbs. of sperm candles. The quantity of gas manufactured annually exceeds twenty- five thousand millions of cubic feet. In London alone 500,000 tons of coal are used by 1 5 companies, producing 4500 million cubic feet of gas, and 500,000 chaldrons of coke. GENEVA.— The quantity of this spirit consumed in England is not large, and varies but little from year to year. A good deal, however, comes here for shipment abroad. The following figures give the imports and consumption for the last seven vears: — Imports. Taken for Consumption. Proof Gallons. Proof Gallons. 1853 288,520 27,991 1854 184,157 25,765 1855 219,041 25.241 1856 195,895 27,312 1S57 178,041 25,929 1858 130.173 26.255 1859 147,950 28,890 GLASS. — The aggregate manufacture of crown and sheet glass in 1830 was about 12,000 tons, valued at £250,000; of plate glass, 1,750,000 superficial feet, weighing about 2300 tons, valued at £280,000, and of rough glass, 400,000 feet, 1000 tons, worth £20,000. Of flint glass, 20,000 tons, valued at £1,000,000, and of bottle glass, 23,000 tons, worth £150,000: in all, £1,680,000. In that year there were 43 glass bottle works in the kingdom, with 87 furnaces and 64 flint-glass works, and 1 8 crown and sheet glass works, and 6 plate-glass works. In 1845 the excise duty on glass, which yieUed £600,000, or £700,000, to Government, was given up, and since the remission of the duty the home use of glass and the quantity exported has largely /hcreased. There was excise duty paid upon 110,0^0 cwts. of glass of all kinds in 1845, producing a revenue of £115,000. Thare was a duty levied on window- glass imported of 20* 6d per cwt. until 6th April, 1857, when it was removed. / VALUE OF THE BRITISH MADE GLASS EXPORTED. 1846 . £262,547 1853 . £501,936 1847 . 291,190 1854 549.244 1848 237,574 1855 490,711 1849 . 254,350 1856 581,972 1850 307.755 1857 659,007 1851 . 327,950 1858 570,554 1852 378,827 1859 607,578 Since the removal of the excise duty there are no means of ascertaining pre- cisely the quantity of glass made, but the following estimate from competent authorities of the quantity made in 1850 will serve for comparison with the official return for 1840. GLA 146 GLA Imports. Exports of British Manufactures. Window Glass. Cwts. Plate Glass. Square Feet. Window Glass. Cwts. Plate Glass. Value. 1848 1S49 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 31,037 25,557 21,015 12,298 17,100 27,577 31,639 25,420 30,553 56,070 95,582 90,442 68,106 122,394 174,448 150,162 221,304 838,982 749,151 1,059,002 761,790 638,294 19,708 17,386 15,518 16,460 22,168 39,158 35,514 21,537 28,500 32,026 26,008 27,686 £15,242 13,303 18,335 20,929 21,866 48,730 59,294 35,691 60,430 87,366 51.760 61,133 The imports and exports as regards plate and window glass have been as follows, since the reduction of the duty. 1840. 1850. Cwts. Cwts. 146,838 240,000 9,051 33,623 66,000 104,882 400,000 525,720 460,000 820,114 1,166,000 Crown Broad Plate Flint Bottles Our glass manufactures now form a very important item of British industry and the value of that annually produced exceeds in amount £2,000,000 sterling. The exports probably average half a million sterling. In the coarser kinds of flint glass, and in bottles of a common description, the Continental competition in foreign markets is still active against us. In 1849, we imported about 73,000 cwt. of coarse glass bottles, of which 30,000 were re-exported; 26,000 square feet of window glass, of one-ninth of an inch thickness, of which nearly the whole was re-exported; and 68,000 square feet of glass exceeding that thickness, of which 18,000 were re -shipped. We are fast increasing our own production, and since the window duty has been taken off, the demand has largely increased. The imports of foreign glass are now very heavy. In 1851, we imported 12,298 cwt. of window glass, of which nearly all was kept for home use; in 1852, 16,967 cwt., of which 13,170 cwt. were kept for home consumption. White flint glass goods, to the weight of 102,000 lbs. were imported in 1851, i»nd only 48,765 in 1852. Of fancy and coloured glass, 682,012 lbs. were imported in 1851, and 551,693 lbs. in 1852, of which all but about 100,000 lbs. were sold in this country. In 1849, we imported 43,000 cwt. of bottles, but we at the same time exported 232,000 cwt. In 1854 we imported 31,639 cwts of window glass (nearly all from Belgium), of which 27,127 cwts. were retained for home consumption, which at the com- puted value of 14s per cwt., was valued at £22,147. The quantity of plate- glass, cast or rolled, whether silvered, polished, or rough, imported in the same year, was 794,194 lbs. At the average price of 9d per lb. fixed for the value, this was worth £29,782. The great bulk of this glass, 514,322 lbs., came from France. This seems principally to have been for export. The computed value of the foreign glass is now somewhat higher; the window glass being es- timated at 15« 6d per cwt., and the plate glass at 1* per lb., while the orna- mental flint glass imported is worth about £3. 15* per cwt. In 1858 we imported the following quantities of foreign glass, chiefly from Belgium, Holland, and France — GLA 147 GLA Description. Quantity. Value. Window glass, and shades and cylinders Cwts. Flint-glass, cut or coloured, and fancy ornamental glass - Cwts. Plate-glass - - Lbs. White flint-glass, not cut, engraved, or ornamented - - Lbs. 95,582 8,952 638,994 608,743 £ 73,678 32,979 80,504 8,477 145,638 With the exception of the cut flint glass, which pays a duty of 10s per cwt. since 4th June, 1853, the importations of glass are free. Mr. James Hartley, the extensive glass manufacturer of Sunderland, speak- ing of the progressive increase in the manufacture of crown and sheet glass, states that in 1844, the last year of the duty, there was made by the fourteen companies then existing, 6700 tons of crown and sheet glass, paying £500,000 dutv. There are now ten companies working 40 furnaces, with 284 pots, making 35,500,000 feet annually, equal to 15,000 tons, value £225,000; being an increase of considerably more than cent, per cent., and at a charge to the public of less than one-half that of the former duty. In polished plate there are six companies, the same as previous to the repeal of the duty, but their pro- duce has also doubled. They now make 3,000,000 feet of polished plate an- nually, equal to 5500 tons, valued at £450,000. Of Hartley's patent rough plate, the quantity now manufactured annually is 2,240,000 feet of 2 lb. to the foot, valued at £30,000. In 1825, the window duty was repealed on all houses having not more than seven windows, and in 1851 the duty was abolished altogether, and an inhabited house duty imposed instead. The following shows the number of houses charged with duty in Great Britain, and the revenue brought in — Duty. £2,578,581 1,244,128 1,350,930 1,770,603 1,878,800 The abolition of the excise duty on glass, and the assessed tax on windows, gave a great impetus to the enlarged use of glass in large buildings, and the number of windows in dwelhng houses; and the construction of green-houses to new buildings have been also greatly extended. The produce of the little kingdom of Belgium — the greatest glass producing country in the world — is 50,000,000 feet of sheet glass annually, equal to 22,300 tons, or 25 percent, more than is made in England of both crown and sheet glass. They export of this quantity about 85 per cent., of which 6 per cent, comes to England. England retains 85 per cent, of its produce for home use, and exports 1 5 per cent. The exports of crystal and mirror glass from Belgium have been to the under- mentioned amounts in the years named: — Years. No. of Houses. 1820 - ■ 968,008 1830 - ■ 371,427 1840 - ■ 394,036 1850 - ■ 492,833 1851 - • — Years. Crystal — Kilogrammes. Mirror Glass. Value -Francs. 1850 - 1,249,541 890,826 1851 - 706,305 960,625 1852 - 815,258 12,437,858 1853 -*S - 1,100,312 1,228,575 1854 - - 1,356,738 . 1,524,943 1855 - 1,514,408 1,272,789 1856 - 1,835,063 1,826,427 GLA 148 GOL The total value of the exports of glass from Belgium of native manufacture in 1855, was £391,000. The following shows the Imports of Glass from Belgium in kilogrammes of 2£ lbs. for six years. Window Glass. Countries. 1851. 1852. 1853. 1854. 1855. 1856. United States England Holland Hamburg Turkey- Other Countries . 5,213,099 1,980,241 1,920,439 1,337,411 1,085,118 3,144,694 4,948,538 1,865,896 1,848,428 1,661,632 1,215,312 4,903,762 7,878,668 2,965,150 1,835,498 1,532,211 1,151,780 5,244,558 11,112,534 4,306,675 2,628,817 2,098,508 1,299,762 5,815,313 6,946,189 2,859,131 2,186,004 2,063,539 1,252,411 6,456,722 7,250,767 2,900,322 2,289,874 2,046,496 3,032,576 5,159,459 14,681,002 16,443,568 20,607,865 27,261,609 21,763,996 22,679,494 GLOVES. The imports of foreign made kid gloves have largely increased of late years. In July, 1842, the duty was fixed at 2s 5d per dozen pairs for habit mitts, and 4s 8d for women's mitts, and 3s 8d for gloves. In 1860 the duty was removed. The number of pairs imported on which duty was paid in 1858, was 3,637,178, of the value of £365,963, and the duty received amounted to ^49,172. GOLD. — Since the article on Bullion in this supplement has been printed, some official details have been laid before the Statistical Congress held in Lon- don by the delegates from the Australian Colonies, which rate the production of gold there, up to the close of 1859, at £101,371,828; made up as follows: — Raised in New South Wales £7,253,616 „ Victoria . 93,810,212 „ South Australia . • : 160,000 „ Tasmania . 8,000 „ New Zealand . 140,000 £101,371,828 About £25,000,000 of the Californian gold has been coined at the San Fran- cisco Mint, and about £85,000,000 at the whole of the United States mints; £5,000,000 of the Australian gold has been coined at the Sydney Mint. In France the excess of imports over exports of gold, from 1847 to 1859, was £86,485,305, and within the same period the gold coined in France amounted in value to £138,730,639. According to Baron Humboldt's estimates, the Mexican mines produced — Dollars. From the Conquest to the year 1800, the sum of 1,973,947,283 Coinage of the Mint of Mexico, from 1800 to 1856 383,621,288 Coinage of provincial Mints to 1856 . 425,135,588 2,782,704,159 Since 1856 there is no reliable return from the provincial mints. The entire coinage, however, of the country and capital may be fairly taken at an annual average of 16,500,000 of silver and 1,000,000 gold dollars; and it is estimated that bullion and specie are smuggled out of the country, on the Pacific and on the northern frontier, to the value of 7,000,000 dollars annually. This supply is susceptible of immense increase, when the state of the country may invite im- migration. Silver, especially, seems to be inexhaustible. Of £45,090,824 gold imported into the United Kingdom in the years 1858 and 1859, the sums drawn from the several mines were as follows, from — 1858. 1*59. Russia £1,446,813 £2,070,066 Australia . . 9,064,763 8,624,566 Mexico and South America 3,848,419 1,738,700 United States 4,502,464 7,909,342 In consequence of the very general introduction of plated and alloyed goods, GOL 149 QUA the manufacture of gold and silver plate has not made much progress. The fol- lowing table shows the number of ounces of gold and silver plate upon which duty was paid, and the quantity retained for home use, in 1825 and in 1850: — Duty Paid. Retained for Home Use. Gold. Silver. Gold. Silver. Oz. Oz. Oz. Oz. 1825 ; 7662 1,258,658 7624 1,188,176 1850 . 7373 735,865 7370 659,106 The improvement that has been made in the manufacture of plated wares has had a great influence in diminishing the sale of real plate, although it may have led to an increased consumption of the precious metals. There are no means for obtaining correct returns of the quantities of gold and silver annually consumed in the manufacture of gold and silver wares in the United Kingdom. It must, however, be very considerable, as articles of pre- cious metals are produced in almost all large towns. The chief seat of electro- plating is at Birmingham. It has been ascertained that not less than one thou- sand ounces of fine gold are used weekly there; and that the consumption of gold leaf in eight manufacturing towns is equal to 584 ounces weekly. For gilding metals by electrotype and the water gilding processes not less than ten thousand ounces of gold are required annually. At the present time the consumption of fine gold and silver in Europe and the United States is estimated at £ 10,000 annually. According to the returns of the French Mint authorities, the manufactures of the French silversmiths, goldsmiths, and jewellers, consume annually gold to the value of 32,489,720 francs, and silver to the value of 14,226,204 francs, the total value being upwards of one million sterling. It is estimated that the labour employed upon these metals about equals the value of the raw material. Thus the annual value of the manufactures sent forth to the markets of the world by French goldsmiths, silversmiths, and jewellers is upwards of two mil- lions sterling. GREECE. — The population of Greece in 1853 was 1,043,153. The revenue in 1858 was £652,689. The entries of vessels at the port of Piraeus in 1857 numbered 643, of 146,629 tons, with cargoes valued at £340,000. At Patras in 1856, 718 vessels and 62,297 tons entered, with cargoes valued at £296,000, The value of the imports into the kingdom in 1853 was £721,783, and of the exports £321,032, exclusive of currants. GUANO. —The great importance of the trade in this fertilizer will be seen from the following details. Although small supplies are brought from other quarters, yet it is to Peru that we mainly look for the bulk of our imports, and the Peruvian guano is also the most valuable, containing the largest portion of ammonia. The exportation of guano began in 1841, under contract with the house of Messrs. Queros, Allies, and Co. Subsequently Messrs. Anthony Gibbs and Son were appointed agents for the United Kingdom, and in 1856 they were requested by the Peruvian Government to take charge also of the guano sales in Spain, previously confided to Messrs. C. de Murrieta and Co., which they undertook at a voluntary reduction of one per cent, on the former commis. ion. A change of agents in the United States also caused a considerable saving to the Peruvian Government in the commission and charges. In introducing to the National Convention a bill to authorise the sale of guano on the Chincha Islands, Senor Roca made the following statements : — The net produce of a ton of guano to Peru, sold in England, is 23 dollars 5 cents.; in the United States it is 21 dollars 5 cents. The loss to Peru by perils of the sea, waste in loading, transhipment, &c., ia calculated at twelve per cent. The quantity of guano on those islands was thus estimated: — The North Island, according to the estimate of Senor Faraguet, a French engineer, 4,189,477 tons; the Middle Island, according to the estimate of Senor GT7A 150 GUA Castauon Canas and others, 2,505,948 tons; the South Island, according to the same authority, 5,684,677 tons. Total, 12,376,100 tons. This aggregate indicates tons of measurement, which will yield an increase of one-third when reduced to tons of weight, which are those sold in the market. Calculating on this well-known fact, the ahove 12,376,190 tons will yield 16,501,466 tons weight, or saleable, The report of Don Geronimo Fernandez, the Government Surveyor of Peru, inserted in El Interprete del Pueblo of Jan. 27, 1852, contained a detailed table of the quantities of guano, from which it would appear that there were then on the Tons. South or Chipana Islands » . 7,921,407 Central or Chincha Islea , . 18,250,000 North or Lobos Islands . . 854,016 Quantity. Tons. 14,000 Computed Real Value. £. 154,000 22,410 246,510 57,762 635,382 61,055 671,605 73,567 809,237 95,083 1,045,913 199,732 2,197,052 86,293 949,223 106,312 1,169,432 221,747 2,439,217 255,535 2,868,380 177,016 2,053,386 264,230 3,434,990 302,207 3,788,198 37,025,493 This was exclusive of the subterranean deposits of Iquique, Punta de Lobos of the south, and discoveries of other deposits to which he drew the attention of the Peruvian Government, and which he believed to be as rich as the Chincha Islands. Imports op Guano prom Peru into Great Britain from 1845 to 18 58* Year. 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 1856 1857 1858 1,936,949 22,462,525 The total imports of guano from all quarters in 1859 were very small, only amounting to 84,122 tons. The computed value is taken at £11. per ton down to 1854; £11. 4s 6d in 1855; £11. Us in 1856; £13. in 1857; and £12. 10* 8d in 1858. During the first ten years the Peruvian Government sold the guano by the cargo of £9. 5* per ton, raising the prices until they reached £12. 10s per ton in 1858, when they were selling the same article in the United States at £11. per ton. On the matter being taken up in Parliament, the prices were, however, equalized to £12. in 1858. In 1856 the price was advanced in London £2. per ton, and again reduced from £13. 10s to £12. per ton by the agents of the Peruvian Government in the autumn of 1858. This reduction was probably the result of an official letter from Lord Malmesbury, dated the 28th of July in that year, to Sefior de Rivero, the Peruvian Minister in this country, urging that a reduction of price was greatly desired, and that it would benefit Peru by causing an increased consumption. Guano exported from Peru by the several Contractors, showing the Quan- tities Sold, Lost on the Voyage, with the Stock remaining on hand. Year. Total Consignments. Tons. 1840 to 1856 . 1,960,079 1857 . . . 789,754 1858 (first six months) 635,589 3,385,422 Sold. Tons. 1,626,405 304,598 66,607 Lost. Tons. 23,885 19,156 379 Stock on Hand Tons. 316,789 466,009 568,603 1,997,601 43,420 1,351,401 QUA 151 GUT Value of the Sales dubing the Period. Year. Gross Produce of Sales. Charges and Expenses. Net Produce of Sales. 1840 to 1856 . £20,052,704 £12,201,776 £7,850,928 1857 . . 4,939,423 2,607,574 2,331,849 1858 (first six months) 1,114,145 507,983 640,412 26,106,272 15,317,333 10,828,189 GUATEMALA, a Central American Republic, composed of seventeen departments, and comprising a population stated in 1852 at 970,450. The trade of the Republic is shown in the following figures: — Imports. Exports. 1851 , . . £316,377 £280,800 1852 . . • 195,388 173,710 1853 . . . 174,766 119,809 1854 . . 165,296 406,660 1855 . . . 241,242 256,578 1856 . • . 213,626 348,459 1857 . . . 226,987 323,678 1858 . . . 244,967 390,785 One half of the import trade, and nearly all the export trade, is carried on with Great Britain. The principal exports in 1858 were indigo, 259,000 lbs ; cochineal, 1,984,640 libras; 43,304 hides; 1865 logs of mahogany; 58,299 arrobas of sugar; 1793 bales of sarsaparilla; and 1020 bales of country ma- nufacture. At the Atlantic ports in 1858 there were 104 arrivals of vessels of the burthen of 6007 tons; and at the Pacific ports 42 vessels of 14,036 tons, making a total of 146 vessels of the burthen of 20,043 tons. The Custom-house value of the imports amounted to 1,223,770 dollars, upon which duties were paid to the amount of 327,875 dollars. The value of the ex- ports was 1,924,509 dollars; thus leaving a balance in favour of the export trade of the country of 700,739 dollars. The exports of the woollen manufactures of the Republic are on the increase, and for the first time flour has been exported. GUIANA, BRITISH. The resources of this Colony are considerable, and progressive, and its exports have always of late years considerably exceeded the imports. The imports in 1855 were to the value of £886,016, and the exports to £1,331,371. The revenue in 1857 was £266,636, and the expenditure £280,879. From January, 1841, to June, 1858, £846,154 was expended by this Colony for immigration, of which £691,777 was paid out of the colonial funds, and the rest by the planters. GUNNY BAGGING or GUNNY CLOTH. This strong sack cloth is made from jute, a species of CorcJiorus in Bengal, and from Sunn fibre (Crotalaria juneea) in Bombay and Madras. Large quantities are used in the East as a wrapping material for bales of rice, spices, cotton, and other dry goods. There is a large demand in the United States for gunny-bagging to pack the cotton for shipment, and as it takes about six yards for every bale, a crop of 3,500,000 bales requires 21,000,000 yards of bagging, about one-third of this supply is im- ported gunny cloth from Bengal, the rest and what is used for other packing purposes, is principally hemp bagging. The shipments from Bengal average about 9,000,000 pieces, and from Madras and Bombay about 11,000 bags. GUTTA PERCHA, an elastic gum-like caoutchouc or India rubber, which exudes from a tree growing in Borneo, Singapore, and other parts of the East. The first specimen seen in England was sent to the Society of Arts in 1843 by Dr. Montgomerie. The first articles made of it were a lathe band, a short piece of pipe, and a bottle case, which were presented to the Society in 1844. Being impervious to water, the uses to which gutta percha has been recently applied have become too many for enumeration. In 1844 only two cwt. were shipped from Singapore experimentally. In 1845 the exports rose to 169 piculs; in 1846 to 5364; in 1847 to 9226 piculs. The picul is 133£ lbs. In 1858 the im- GUT 152 HAM ports into the United Kingdom were 19,641 cwts., valued at £127,908. One of the largest demands at the present time for gutta percha is for casing or insulat- ing copper electric wires in submarine cables. HAMBURG. This large city with a population in 1858 of 222,379, is the most important maritime centre of commerce in Germany, being the main chan- nel of communication between North Germany and foreign countries. Its trade with Denmark, Sweden, Norway and Russia is also most extensive. The revenue of the city in 1859 was £604,031, and the expenditure £622,402. The public debt on the 1st January, 1860, was £4,654,869, of which £2,174,925 was for a loan raised in consequence of the great fire in 1842. The imports from Great Britain into Hamburg in 1856, amounted to £13,062,417, and the imports from Hamburg into Great Britain to £5,571,215, being a balance in favour of this country of £7,491,202. The commerce of Hamburg has doubled in ten years. In 1846 the imports were to the value of £21,124,929, and the exports £20,729,405. In 1855 the imports were of the value of £39,641,864, and the exports £38,041,620. The exports of British manufactures to Hamburg are about ,£8,000,000 in value, and of foreign goods £2,200,000 ; and our imports from Hamburg amount to more than £4,000,000 per annum. The value of the Hamburg exports to transatlan- tic places in 1856 was £4,969,190. The value of the imports, in 1858, was as follows: — Marcs Banco. By sea . . , 214,846,670 ByAltona,&c. . . j 49,888,300 By land and river • , 237,471,830 502,206,800 £37,665,510 The duties which the Hamburg State levies are very moderate, and are raised in a very simple manner. Goods passing the Custom House are never examined, except on information given to the authorities that fraud will be attempted. Goods are allowed to pass the Custom House on the written stamped declaration, on the oath of a citizen, of their nature and value, estimated according to the quotations of the official prices current ; or, if there are none such, according to the price of the invoice, with the additional expenses incurred, till the goods reached Hamburg. In pursuance of the treaty concluded with Denmark for the redemption of the Sound Dues, the sum due from Hamburg, £12,040, was voted by the Bur- gerschaft, and paid to the Danish Government in 1857. There is a considerable and yearly increasing amount of maritime insurance business carried on at Hamburg, which has compelled several of the Insurance Companies to augment their capitals. The sum insured here against sea risk in 1856 was £51,000,000, and it has since greatly increased. The vessels entered inwards at the port of Hamburg in 1857 were 4306 laden, of 1,136,457 tons, and 761 in ballast of 144,042 tons, of which the English ves- sels numbered 1831, of 616,203 tons, 90 of these being in ballast. The steamers in the same year were inwards, 1235 voyages and 553,761 tons; outwards, 1232 voyages and 530,073 tons. Of these English steamers made 635 voyages, in- cluding 313,327 tons. On the 1st January, 1858, there were owned by Ham- burg citizens and carrying the Hamburgflag 491 ships, mfeasuring 191,244 tons, and 20 steamers of 16,011 tons. Hamburg has always been a large emigration port. In 1857, 127 vessels took 31,240 persons chiefly to the United States and Canada. Of these emigra- tion vessels, 90 were Hamburg ships and 14 of them steamers. Very stringent measures have recently been adopted by the different German States with a view to prevent emigration. The population of the city and its suburbs was, in 1852, 158,775. The average revenue of the city si about £400,000, and the expenditure HAM 153 HEM 269,021 460,235 317,472 431,821 392,973 452,947 455,306 423,596 567,084 480,546 467,708 551,169 slightly in excess of this. The ordinary revenue is derived from land and fire tax, excise, customs, stamp duties, tolls, and ground rents. The expenditure is incurred for the payment of members of the Senate, military and police, har- bour expenses, buildings, charitable institutions, and interest and expenses on the public debt. The amount of the public debt in 1852 was £4,990,031, of which a little over £3,000,000 was for the fire loan incurred in 1842. The total number of vessels that belonged to Hamburg in 1855 was 448, of 159,663 tons. The number of vessels that entered the port in 1855 was 4593, measuring 927,006 tons. The imports were in 1846 valued at £22,124,929, and in 1855 at £39,641,864. The exports in the same years were respectively £20,729,405 and £38,041,620. The imports of cotton at Hamburg were, in Raw Cotton. Cotton Yarn. Cwts. Cwts. 1850 1851 1852 1853 1854 1855 The other chief imports in 1855 were 506,915 centners (120 lbs.) of sugar, 942,556 do. of coffee, 36,576 of tea, 322,734 of rice, 140,711 of tobacco, 298,222 of dye woods, 14,890 of indigo, and 111,670 of hides, 101,912 of herrings, 807,807 of iron, 205,675 lasts of coal, 123,093 centners of wool, 54,083 lasts of grain, 110,578 centners of clover seed, and 349,210 centners of zinc. HANOVER. — The population of this kingdom according to the census of 1858 was 1,843,976, showing but a small increase in the last eighteen years. Thecity of Hanover has a population with the suburbs of 53,000 souls. The annual amount of emigration is calculated at 12,000. The arrivals of British shipping at Hano- verian ports during 1858 were 256, with a tonnage of 12,896 lasts, and the departures 247, of 12,896 lasts. The mercantile marine owned consisted of 720 ships of 34,768 lasts, 1950 coasters of 17,343 lasts, and 14 steam vessels of 680 lasts. The total public debt in 1859 was about £9,000,000, of which the greater portion comprised the railway debt, the interest of which was more than covered by the railway receipts. The actual debt of the country may there- fore be set down at about £2,368,258. The financial condition of Hanover, unencumbered as it is with any considerable debt, and possessing undoubted elements of future wealth and prosperity, is sound and satisfactory. HAYTI, see St. Domingo. HEMP. — The following return continues the account of the imports of Hemp since 1839, given at page 364. Hemp Undressed. From From other From all Russia. Parts. Parts. Cwts. Cwts. Cwts. 1840 599,078 84,990 684,068 1841 542,764 109,401 652,165 1842 415,565 170,340 585,905 1843 463,061 272,682 735,743 1844 655,954 257,279 913,233 1845 603,286 328,564 931,850 1846 620,656 262,238 882,894 1847 542,857 268,708 811,565 1848 536,400 309,371 845,771 1849 636,938 424,955 1,061,893 1850 600,992 447,643 1,048,635 1851 664,580 628,831 1293,411 1852 537,132 531,024 1,068,156 1853 806,396 412,374 1,218,770 1854 20,539 709,025 729,564 1855 943 727,438 1 728,381 1856 522,738 248,795 771,533 1857 550,950 231,321 782,271 1858 612,474 274,157 886,631 1859 731,661 356,588 1,088,349 her 154 HOL HERRINGS. — Some late details respecting the herring fishery have already been given in this supplement, but the annual returns of herrings cured and ex- ported may be brought down, in continuation from p. 365, to the present time. No. of Barrels Cured. No. of Periods. Barrels Branded Barrels Exported. Gutted. Uh gutted TotaL Year ended 5th April, 1841 431,157 126,105} 557,2621 154,189 250,137 1842 489,6204 177,624f 667,245? 190,9224 284,736 1843 442,290 181,129| 623,419^ 162,713 291,8004 313,5164 1844 473,556| 191,803 665,359§ 182,988 5th April, 1844, to 5th ) January . . 1845 f 393,312 132, 720 J 526,C32| 140,632 266,3734 Year ended 5th Jan. 1846 411,271 121,375 532,646 142,4734 243,194 „ „ 1847 414,915} 372,9894 192, 535 J 607,451 156,2781 255,714 1848 189,754 562,7434 146,500| 250,181 1849 392 827 251,541} 263,6731 644,3681 153,944 249,994 * „ 1851, ) for Scotland and the > 507,0244 770,698} 213,2864 340,256A 378,187 165,8224 544,0094 172,9244 266,908 Isle of Man only J Year ended 5th Jan. 1852 417,233} 176,797J 594,031 201,6364 169,1594 264,2044 „ 31st Dec. 1852 375,693 123.094A 498,7874 778,039| 283,526 „ „ 1853 560,367 217,672J 248,1364 342,630| 1854 458,5794 582,715} 177,982? 183,988} 636,562} 211,844 361,696§ M »» 1855 766,7033 280,5814 442,264 „ „ 1856 466,4291 143,559 609,988A 223,281 347,611} „ 1857 465,2921 115,521} 165,730} 580,813| 218,992 367,1604 M M 1858 470,393} 636,124 233,374 350,2044 n » I 859 381,059} 110,428 491,487} 158,676 272,979 * The Collection of Returns for England ceased from the 5th January, 1850. HIDES. — Since the removal of the duty on tanned hides, the imports have very largely increased. In 1858 the general imports included the following:-— Value. CWt. 282,226 991,949 „ 446,062 1,169,412 lbs. 1,307,364 117,930 „ 379,289 104,796 „ 2,198,471 95,503 66,816 7,223 Dry Hides . Wet ditto . Tawed, Curried, 69,585 Timber and Woods 115,577, 105,534 177,804 106,759 93,279 160,682 Wool, Raw - - Principal and other Articles 35 — 1 — — — — of Merchandise : - | Domestic Produce 10,545,772 12,810,513 12,786,703 4,331 457 5,841,506 4,847,927 Foreign „ Total 110,078, 126,287 127,839 63 604 63,333 54,109 10,655,850 12,936,800 12,914,542 4,395,061 5,904,839 4,902,036 Treasure Total Merchandise and Treasure 391,566, 112,536 529,425 39,405 — 4,530 11,047,416 13,049,336 13,443,967 4,434,466 5,904,839 4,906,566 IND 169 IND The subsequent supplies of rum, sugar, saltpetre, cotton, linseed, indigo, and shellac from disaffected districts were much affected by the mutiny. The import trade from Great Britain to Bengal was, however, but little affected, and the trade returns for the years ending January 1857 and 1858 were about the same. In exports from Calcutta, on the contrary, there was a great reduction. Thus the shipments in the twelve months were • — Year ending 31st Jan. 1857. Year ending 31st Jan. 1858. Saltpetre, maunda ... ... 306,867 .. 299,231 Sugar, mds. ... ... ... 1,103,950 ... 291,779 Corahs, pieces ... ... ... 296,108 .. 122,230 Cotton, mds. ... ... ... 301,613 ... 261,750 Cotton to China ... .. 205,936 ... 11,323 Mustard seed, mds. ... ... 911,041 .. 589,803 Borax ... ... ... 30,098 ... 10,123 In other words the reduction in sugar was eighty per cent., in corahs more than fifty per cent., in cotton more than forty-five per cent., in mustard seed forty per cent., and in borax more than two-thirds. The produce of the North- West declined more than a clear half, and the peasantry had to pay a fine equal to half the profit of a year's trade for their own insensate apathy. Other articles in which Bengal could supply the deficiencies created by the mutinies rose rapidly. Thus during the same periods there were shipped — 1858. 1.698,981 990,899 35,822 16,983 2,661,295 61,661 760,523 13,205 11,515 This statement shews clearly that the reduction was due to the mutinies, and not to any cause generally affecting Indian trade. The nominal returns for subsequent years exhibit a slow but progressive in- crease. Valule in rupees of Year. Imports. Exports. TotaL 1855-56 13,87,08,627 13,75,20,947 27,62,29,574 1856-57 14.70.02,315 14,66,37,449 29,36,39,764 1857-58 15,21,45,131 14,24,07,413 29,45,52,544 1858-59 15,46.49,766 15,25,67,555 30,72,17,321 showing an increase in the total movement of trade of about a million and a quarter. The trade of Calcutta and Bombay are now as nearly as possible equal, and the entire trade of India, with Kangoon, but without Singapore and Ceylon, exceeds seventy millions. In the last year of the Company's monopoly it was not five. The figures quoted by no means however represent the true position of the Bengal trade. While the exports have increased from Rs. 13,38,10,495 in 1857- 58 and Rs. 11,92,74,707 in 1855-56 to Rs. 14,62,98,753 in 1858-9, the imports have increased as follows : — 1855-56 - - Rs. 8,06,08,182 | 1857-58 - Rs. 7,40,74,244 1856-57 - - 8,02,41,782 | 1858-59 - - 10,37,78,305 an increase of twenty-two per cent, within four years. The addition is almost entirely in the imports from Great Britain, which have risen from Rs. 5,23,84,514 in 1854-55, to rupees 8,25,53,754 in 1858-59. The most important items of in- crease are 1857. Rice, mannds 875,457 to Mauritius 991,080 Shell lac, mds. 22,644 Lac dye 15,857 Hides, pieces 785,159 Hemp, mds. 42,489 Linseed 258,564 Ginger 8,345 Cutch 1,037 Increase. | 1 Increase. Cotton R3. 10,37,928 1 White and grey cottons Rs. 1,72,28,679 Haberdashery 8,18,318 Ale - - - 15,00,821 Hardware - 5,99,185 Twist - - - 31,20,698 Copper 6,51,599 1 1 showing a new trade of two millions sterling with Manchester alone. IND 170 IND In exports the greatest fluctuations were in Increase. I Increase. Silks - - Rs. 10,26,928 I Jute - - Rs. 21,49,089 Opium - - 42,85,474 I Linseed - - 20,81,914 Sugar - - 38,63,928 | Mustard seed - 14,84,683 The only article in which any decrease of importance occurred was rice, of which there was exported less by half a million sterling than in the previous year. The import of treasure was — 1854-55 - Ra 64,08,606 ■ Brought over Rs. 13,12,69,584 1855-56 - - 5,81,00,445 I 1857-58 - - 7,80,70,887 1856-57 - - 6,67,60,533 I 1858-59 - - 5,08,71,461 Carried over - 13,12,69,584 I Total - 26,93,11,932 Bombay. Taking the returns of 1853-54, we find by comparison that there was an in- crease on the average of the previous five years of 18 lakhs of rupees, or nearly a million sterling in the exports from Bombay. The trade of the island has since also increased with marvellous rapidity, having doubled in the last five years: — Years. Imports. Exports. 1853-54 ... Rs. 8,43,83,626 Rs. 9,50,71,893 1854-55 ... 7,82,52,261 8,16,98,816 1855-56 ... 11,57,73,041 10,29,10,161 1857-58 ... 14,48,46,391 12,57,93,939 1858-59 ... 16,31,60,036 14,67,53,599 58,64,15,355 55,22,37,408 Five years' average value 11,72.83,071 11,04,47,481 Value for 1858-59 .. 18,38,15,410 15,95,08,825 Increase in 1858-59 ... Rs. 6,65,32,339 4,90,61,344 This immense increase has occurred chiefly in the trade with Great Britain and China. The home trade has increased between 1855 and 1859 as follows: — Imports. Exports. Total. 1854-55 Rs. 3,42,72,657 2,39,54,125 5,82,26,782 1858-59 6,54,81,594 4,84,65,442 11,39,47,036 The trade having almost exactly doubled. The increase in imports has been chiefly in piece goods (the demand for which in 1858-59 rose by £1,600,000), in metals, raw silk, sugar and wines. In exports the rise in the last year was steady, an increase of thirty-three lakhs in seeds being the only remarkable item. The whole of this trade it must not be forgotten has grown up since 1813. In that year, when the Court of Directors declared their monopoly the only real protection for trade, the commerce of Bombay amounted to precisely forty lakhs, or one-fiftieth the present traffic. The increase has not yet reached its limit. There is a boundless demand for wheat, seeds, and cotton, and Bom- bay exported 219,700,000 lbs. of cotton last year to Great Britain alone. The trade with China is of course too dependent on opium to be healthy, but even to China the export of cotton doubled in 1859, reaching the value of Rs. 78,00,000. Oil-seeds form a valuable article of export. In 1857 the value of this staple alone was thirty-six lakhs, showing an increase of twelve lakhs over the shipments of 1856. The value of the exports to Great Britain in 1857 was Rs. 3,13,36,005. The opium trade increased half a million in the course of that year. The re- turns for 1857-58 place the value of the export of this drug at Rs. 1,61,62,265. The total value of the imports during the year was Rs. 16,91,60,036. In 1856-57 it was Rs. 14,38,46,391. The total value of the exports was Rs. 14,57,53,599, showing an increase of Rs. 2,09,59,660 over the return of 1856-57. The year 1857-58 which was so injurious to the trade of Bengal was exceed- ingly favourable to that of Bombay. So rapid indeed has been the increase of ItfD 171 IND trade in Western India as to repair the deficit of the Eastern Presidency, and bring up the trade of the Indian continent beyond the level of the previous year. 1856-57. 1857-58. Exports ... Ra 8,68,07,850 Ra 12,51,06,993 Imports ... 14,48,46,391 16,31,60,036 Total ... 23,16,54,241 28,82,67,029 The trade therefore appears to be, within a fraction, a million sterling more than that of Calcutta. The result is, however, only apparent. Of the increase at Bombay one million is due to opium, of which drug India exported during the year to the value of about eight millions sterling. There is, moreover, an item of silver export to the extent of two millions, chiefly to Calcutta and die Punjab. The trade of the two Presidencies excluding opium and treasure, stands as follows : — Calcutta. Bombay. Exports ... Rs. 7,97,35,055 Rs. 5,86,39,734 Imports ... 7,40,74,244 8,81,74,063 Total ... 15,38,09,299 14,68,13,797 Calcutta, therefore, maintains her supremacy, in actual trade, but only by a small amount. The difference in the value of the two ports to the home trade is, however, more marked. While Bombay exported Rs. 4,11,69,344 to Great Britain, and imported from thence Rs. 4,13,30,000, Calcutta exported only Rs. 3,89,71,601, but imported Rs. 6,69,34,474. It must be remembered, again, that while Calcutta monopolizes nearly the entire sea-borne trade of Bengal, Bombay possesses some twenty-five ports, several of which possess a small foreign trade of their own. Altogether, it would appear that Bombay has almost caught Calcutta in the commercial race, a curious result when the difference in the wealth and population of the Presidencies is considered. The total trade of India is shown by these statements to be enormous, the value being for Exports. Imports. Bengal ... Ra 12,71,95,089 Rs. 15,21,45,131 Bombay ... 12,51,06,993 16,31,60,036 Madras ... 4,00,60,506 4,05,63,826 Or with Pegu a trade for all India exclusive of the Straits Settlements, of more than 66 millions sterling, one-third of the entire trade of Great Britain in 1844. The cotton trade of Bombay is rising rapidly, and now forms nearly half the total exports. The following was the value in the years named. 1853-54 - Ra 2,47,76,102 I 1856-57 - Ra 3,92,08,743 1854-55 - 2,17,43,900 1857-58 - 4,03,77,704 1855-56 - 3,07,40,899 | There is cotton enough in India to keep all the mills in Lancashire at work. I have stated in foregoing pages that more than a hundred and sixty millions of people are chiefly clothed with home grown cotton, but the price realized must rise before it can compete successfully with the slave labour of the West. The table at the top of the next page gives the — Value of the Principal Articles of Merchandise (domestic and foreign), and of Treasure, exported from the Presidency of Bombay by Sea, distin- guishing the Value thereof, to the United Kingdom in each of the years ended 30th April, 1855, 1856 and 1857;— 1XD 172 IND Total Exports. To United Kingdom. Principal Articles. 1855. 1856. 1857. 1855. 1856. 1857. Coffee - - £41,116 65.042 73,376 27,198 53,317 51,352 Cotton, Raw- 2,166,402 3,067,475 3,912,253 1,578,923 2,320,454 3,109,376 Cotton Goods, including Twist and Yarn 581,055 614,171 703,745 512 228 30 Drugs - - 24,241 16,490 27,328 16,200 6,619 15,639 Dyes - 77,439 51,189 75,345 17,397 18,265 39,771 Grain - - 72,723 126,145 87,990 2,240 29,234 3,092 Gums - 43,021 82,091 25,327 37,960 27,922 21,565 Gunnies and Bags 340 4 5 — — — Hides and Skins 11,474 11,994 12,177 8,698 10,512 11,899 Ivory and Ivory Ware 65,867 81,223 126,874 64,501 79,009 123,298 Jewellery and Precious Stones 20,302 77,769 111,855 1,181 4,617 34 Lac and Lacquered Ware 157 467 1,603 31 — 369 Oils - 41,487 56,230 69,971 33,342 41,691 49,247 Opium - - - 2,536,461 2,561,929 3,237,826 — — Saltpetre 17,457 18,546 26.618 15,257 18,392 25,958 Seeds - - 121,446 312,584 375,309 87,254 214,761 186,935 Shawls - 157,566 157,422 256,628 134,567 137,129 216,976 Silk, Raw - - 39,796 36,118 90,552 13,887 8,791 55,043 „ Goods 13,242 13,577 31,445 19 128 20 Spices - - 71,449 126,143 62,300 30,513 69,400 23,895 Sugar and Sugarcandy 158,678 136,501 83,470 452 30,004 5,364 Tea - 24,640 39,997 50,541 24 1,539 13,917 Timber and Woods 6,715 13,183 17,170 2,352 1,128 2.466 Wool, Raw Principal and other Articles 205,546 272,102 314,095 205,135 270,647 306,796 of Merchandise: — Domestic Produce 5,031,691 5,664,682 6,917,402 1,761,776 2,247,161 2,775,151 Foreign „ Total 1,692,834 2,472,277 3,177,078 601,704 1,170,133 1,655,484 6,724,524 8,136.959 10,094,480 2,363,480 3,417,294 4,430,635 Treasure Total Merchandise and Treasure 353,653 417,910 615,524 31,944 — — 7,078,177 8,554,869 10,740,004 2,395,424 3,417,294 4,430,635 Madras. The value of the total exports of the Madras Presidency, for the four years 1852-1856 inclusive, was Ks. 14,32,93,799, and that of the imports Rs. 11,35,20,461; a few of the principal articles being as follows: — Exports. Value Rs. Cotton wool . 1,80,91,229 Cotton goods . 1,17,30,434 Indigo - 1,35,86,681 Rice - 2,11,28,930 Sugar - 1,05,88,376 Coffee - 27,69,086 Hides . 24,71,379 Treasure - - 2,73,46,975 Rupees 10,77,13,090 Imposts. Value Rs. Cotton goods, twist and yarn 1,83,45,293 Horses - - 33,16,210 Grain - - 64,80,792 Military stores - 27,32,569 Railway materials 24,66,255 Timber and planks 1 8, 49, 555 Malt liquors - 16,26,009 Treasure - 4,21,37,054 Rupees ,53,737 Years. Imports. Exports. Madras Harbour. Presidency Generally. Madras Harbour. Presidency Generally. 1852-53 1853-54 1854-55 1855-56 Rs. 1,21,96,753 1,55,15,861 1,61,64,640 2,41,49,293 Rs. 2,36,50,344 2,74,12,628 2,56,06,917 3,68,50,572 Rs. 1,26,37,612 1,93,48,364 1,44,62,938 1,27,60,080 Rs. 3,69,83,420 4,06,72,176 3,20,48,539 3,35,89,655 6,80,36,547 11,35,20,461 5,94,08,994 14,32,93,79^ IXD 173 IXD In this period there has been no very sensible increase to the export trade, either from the city or from the whole country, and any increase observable in the imports may be attributable to the large quantities of railway materials lately sent out: but the great staples of its export trade, cotton and cotton goods, indigo, cereal grains and pulse, sugar, coffee and hides have been steady, and the articles imported being more numerous and more varied, and their individual values smaller, any fluctuations in their amounts would be less sensibly felt. It seems to be acknowledged that in many parts of the country, certainly in all where the condition of the people is improving, they are rapidly accumulating the precious metals; and perhaps no part of Asia has been more steadily accumu- lating bullion than has the delta of the Godavery since Colonel Cotton com- menced his improvements there. The Madras Presidency is steadily absorbing 37,07,519 rupees per annum of the bullion of the world. These commercial tables show that the value of the articles exported exceeds that of the imports, and the difference must of neces- sity be paid for by bullion. The value of the exports from Madras, exclusive of treasure, has annually averaged rupees 2,89,86,706, while that of the imports has been Rs. 1,78,45,851, and this must be made good by bullion, until the wants of the people so increase as to call for further imports in return for the articles which they produce and send to other countries. Value of the Principal Articles of Merchandise (domestic and foreign), and of Treasure, exported from the Presidency of Madras by Sea, distin- guishing the Value thereof to the United Kingdom, in each of the years ended 30th April, 1855, 1856, and 1857. Total Exports. To United Kir igdom. Principal Articles. 1855. 1856. 1857. 1855. 1856. 1S57. Coffee - - £34,611 46,278 50,390 7,717 14,956 18,132 Cotton, Raw 169,490 89,361 316,362 104,491 58,900 261,080 Cotton Goods, including Twist and Yarn 183,155 134,282 125,960 68,050 35,810 39,952 Drugs - - 3,085 3,412 5,791 1,326 1,052 3,163 Dyes ... 227,720 427,271 453.249 209,93! ; 351,795 354,829 Grain - - 438,654 524,503 541,132 21,320 83,101 86,265 Gums - 229 54 17 128 — 1 Gunnies and Bngrs 1,381 221 167 — — — Hides arid Skins 35,091 47,487 62,418 29,282 40,806 56,612 Ivory and Ivory Ware 359 191 288 359 187 258 Jewellery and Precious Stones 12,779 10,640 10,402 10,544 9,288 9,788 Jute — 278 — — 278 — Oils - 60,246 52,908 56,467 46,095 33,424 37,690 Saltpetre - - 9,620 7,355 9,403 8,649 7,211 8,849 Seeds - 47,264 136,774 165,470 7,045 14,514 14,945 Shawls - - 348 742 139 348 716 139 Silk, Raw — — 3,922 — — 3,922 „ Goods - - 1,634 2,450 1,286 51 243 119 Spices - 29,335 55,344 23,608 5,070 8,564 6.072 Sugar and Sugarcandy 156,223 282,348 357,564 145,825 279,897 355,118 Tea - - 49 333 249 27 17 119 Timber and Woods 6,226 9,520 13,723 3,220 5,625 9,958 Wool, Raw - - - Principal and other Articles 1,682 8:0 121 1,682 843 121 of Merchandise: — Domestic Produce 1,514,688 1,940,902 2,307,446 697,979 975,221 1,294,279 Foreign „ Total 32,160 23,598 21,983 15,541 8,143 4,127 1,546,848 1,964,500 2,329,429 713.520 983,364 1,298,406 Treasure Total Merchandise and Treasure 521,814 70,730 78,477 93,531 42 — 2,068,662 2,035,230 2,407,906 807,051 983,406 1,298,406 IND 174 IKD INDIGO. — The quantity of indigo imported into the United Kingdom in 1845 was 90,424 cwt.; in 1850, 70,482 cwt.; in 1855, 59,760 cwt.; and in 1859, 63,237 cwt. The following shows the particulars of the indigo trade in London for the last eight years: — Years. 1852 1853 1854 1855 185G 1857 1858 1859 India, chests. Spanish, serons. 33,052 4317 34,102 3360 24,919 3343 30,883 3710 27,277 1984 27,060 1966 22,495 2205 30,222 2703 30,388 3652 25,782 3110 24,169 3774 24,746 4005 22,826 6295 23,505 5811 19,444 7452 24,748 7711 In February Sales In May Sales In July Sales In October Sales . Imports Deliveries for home use and export Imports Deliveries - Imports Deliveries - Imports Deliveries - Imports Deliveries - Imports Deliveries - Imports Deliveries - Imports Deliveries - East India Indigo Sold. 1859. 1858. 1857. 1856. 1855. 1854. Chests. Chests. Chests. Chests. Chests. Chests. 4300 2100 5500 5200 6500 7500 1500 2500 4700 3500 6000 3500 6490 6600 7000 4400 7700 7500 6000 7000 4000 7800 7500 6000 Total 1859. Chests. Imported . 19,444 Delivered . 24,748 Stock, 31st Dec 13,738 1859. Imported . 7452 Delivered .7711 Stock, 31st Dec 987 18,200 18,200 21,200 20,900 27,709 24,500 1858. Chests. 22,826 23,505 19,044 1857. Chests. 24,169 24,746 19,779 1856. Chests. 30,388 25,782 20,356 1855. Chests. 22,495 30,222 15,750 1854. Chests. 27,227 27,060 23,488 1853. 1852. Chests. Chests. 24,919 33,052 30,883 34,102 23,324 29,278 Guatemala Indigo, in serons, etc. 1858. 1857. 1856. 1855. 1854. 1853. 6295 5811 2256 3774 4005 1588 3652 3110 1819 2205 2703 1277 1984 1966 1780 1852. 4317 3343 3710 3360 996 1359 Prices of Indigo. Duty Paid. I860. 1859. 1858. 1857. Per lb. Per lb. Per lb. Per lb. Indigo, Bengal, good and fine violet s. d. s. d. s. d. s. d. s. d. s. d. s. d. s. d. and purple 7 3 to 8 8 7 3 to 9 3 7 3 to 9 3 9 to 10 2 r ord. and mid. ditto 5 9 7 6 3 7 6 3 7 7 3 8 9 a5 good and fine copper 6 9 7 6 7 7 9 7 7 9 a 9 9 9 .2 ord. and mid. 5 3 6 6 5 6 9 5 6 9 6 9 8 6 1 Consuming, good and fine 6 6 7 G 6 6 7 9 6 6 7 9 8 3 8 9 8 Consuming, ord. *3 and mid. 4 9 6 3 5 6 6 3 5 6 6 3 5 9 8 * Oude— good and fine 4 3 6 6 4 3 6 9 4 3 6 9 6 7 6 H 25 ord. and mid. 3 4 2 6 3 9 2 6 3 9 3 3 5 9 Madras— good and fine - 3 6 5 3 6 5 3 3 6 5 3 8 6 5 9 i£ ord. and mid. 1 3 3 3 11 3 3 1 1 3 3 2 3 3 Kurpah— good and fine - B 9 7 8 6 7 3 6 7 3 7 9 2 ord. and mid. 2 5 f. 10 5 9 1 5 9 2 6 9 " Spanish , Guatemala— Flores - 9 7 6 none none 7 3 7 10 Sobres - 4 6 6 6 5 9 6 10 5 9 6 10 5 10 7 Cortes - 2 3 5 9 3 5 6 3 5 (5 3 5 6 Caraccas— Flores - none none none none Sobres - 1 5 3 4 3 5 6 4 3 5 6 B 6 3 Cortes - 2 3 3 9 2 10 4 2 10 4 2 9 4 9 INS 175 INS INSURANCE. — Stuns paid for Govebnment Duty by the several Fire Insurance Offices for the years 1855, 1856, 1857, and 1858. Abstracted from Parliamentary Returns: — Founded 1855. 1856 1857. 1858. London Offices. Alliance - 1824 £43,668 £43,545 £44,906 £46,285 Atlas - - - 1808 37,923 38,733 39,135 40,013 Church of England 1840 4,058 4,132 4,151 4,396 County - - - 1806 59,555 61,010 62,201 63,818 Emperor - 1855 128 314 684 395 Equitable - - - 1850 2,732 2,844 333 2,765 General - 1837 10,606 10,783 12,455 16,954 Globe - - - 1803 36,324 37.853 38,641 39,455 Guardian - 1821 51,456 31,982 32,151 32,645 Hand-in-Hand - - 1696 9,450 9,971 10,190 9,901 Imperial - 1820 47,951 49,440 51,477 54,432 Law - - - 1845 27,524 28,929 29,958 32,137 Law Union - 1854 2,920 3,920 4.864 6,024 London - - - 1725 28,014 28,228 29,317 30,859 Phoenix - 1782 124,140 126,952 128,747 132,571 Preserver - - - 1843 19 20 27 28 Royal Exchange 1720 77,694 77,891 78,601 81,048 Koval Farmers' - - 1840 11,414 11,355 11,492 11,735 State - 1856 — 240 806 2 655 Sun - - - 1710 190,257 193,951 195,668 198,613 Union - 1714 26,455 27,030 27,832 29,096 United Kingdom Provident - 1855 226 532 651 824 Unity - 1852 20,265 20,097 17,526 15,444 Westminster - - 1747 27,705 29,655 27,749 30,366 Country Offices. Birmingham - - 1808 14,193 14,125 14,658 15,053 Birmingham District 1834 7,943 8,273 8,418 8,630 Essex and Suffolk - - 1802 6,096 6,268 6,473 6,788 Hants, Sussex, and Dorset 1803 2,324 2,260 2,303 2,318 Kent - - - 1802 14,066 14,428 14,254 14,816 Kent Mutual - 1844 2,610 2,882 2.895 2814 Lancashire - - 1852 18,160 19.386 20,264 21.544 Leeds and Yorkshire 1824 18,114 19,086 19,795 24,245 Liverpool and London 1836 21,057 22,986 32,882 46,613 Manchester - 1824 36,228 36,688 37,177 40,161 Midland Counties, late Lincolnshire 1851 1,869 2,196 2,355 2,848 Newcastle-on-Tyne - - 1783 6,008 5,862 5,863 5,857 Norwich Equitable 1729 2,693 2,729 2,816 2,901 Norwich Union - - 1797 75,130 76,581 78,301 79,892 Nottinghamshire and Derbyshire - 1736 3,735 3,948 4,277 4.650 Provincial - 1852 2,583 3,305 3,913 4,814 Queen - - . 1857 — — 690 Royal Insurance, Liverpool 1845 25,037 28,729 33,855 41,035 Salop - - - 1780 3,833 4,005 3,956 4,105 Sheffield 1808 2,055 3,317 3,504 3.396 Shropshire and North Wales - 1837 1,734 1,793 1,852 1.943 West of England 1807 49.928 50,734 51,130 51,525 Yorkshire - - 1824 19,949 21,002 21,656 21,93J Scottish Offices. Caledonian - 1805 9,814 9,633 10,920 11,407 National - • - - 1841 5,341 5,677 5,779 5,973 North British - 1809 19,344 20,414 21,215 21.6C8 Northern - - - 1836 10,080 11,489 15,673 17,423 Scottish Union - 1824 25,040 26,768 27,533 28,615 Scottish Provincial - - 1825 5,380 6,846 7,492 8,098 Irish Offices. National - - » 1822 5,609 5,767 5,935 6,242 Patriotic - - _ | 1824 4,986 5,566 1 5,898 j 5,545 The value of property insured from fire, was In 1801 - 1811 . 1821 - £232,240,000 I In 1831 366,700,000 1841 408,030,000 1851 £526,650,000 601,540,000 722,000,000 ION 176 IEO IONIAN ISLANDS.— The total population of these islands in 1857 was 227,230, of these 50,604 was engaged in agriculture, 8528 in manufactures, and 6644 in commerce. The expenditure of the islands average about £140,000. The greater portion of the revenue is derived from customs duties, export charge on olive oil, currants, and wines, and import dues on general merchandise, foreign wines and spirits, tobacco, and grain, besides stamp duties and other miscellaneous charges. The live stock owned in the islands in 1857 comprised 11,080 horses, 8559 horned cattle, 109,780 sheep, and 90,563 goats. The currant crop has already been spoken of under the article Currants. The yield of oliveoil declined from 314,152 ban-els in 1855 to 73,118 ban-els in 1857, although the acreage under culture with olives increased in the same period from 292,787 acres to 510,822 acres. The wine produced is about 150,000 ban-els ; a small quantity of cotton is grown, IRON. — The invention of the process of puddling by Mr. Cort in 1784 opened a new and extensive field for the industry of the nation; coal became the me- dium of the manufacture of wrought iron instead of charcoal. The process has expanded the production of this kingdom from 17,000 tons in 1740 to 3,500,000 tons in 1859. The facility with which malleable iron can be produced with coal has caused the erection of magnificent and colossal ironworks, finding profitable occupation for a great number of men, and employing throughout the ramifications of its manufacture and its subsequent uses an amount of wealth almost incalculable. The extended use of iron in the great manufactories, indeed, the entire substi- tution of this material for wood, in many instances where it was little used a very few years ago, has already raised the question among the best informed commercial men, as to how the supply is to be kept up to meet the progressive demand. Not only the rapid multiplication of steam engines and machinery of all sorts, but the construction of roads uniting the opposite shores of islands and continents, the building of ships traversing the seas of both hemispheres, and the erection of warehouses, churches, and whole streets of cottages, in all of which iron is the only or the principal material, show a demand for it which confounds all ideas of calculation. And, besides these grand fabrications of commerce, which the advancement of science has carried, on such a scale of magnitude, to the very outposts of civilization, invention has been actively employed among the lighter articles of domestic convenience and farming husbandry in bringing iron into extensive adaptation and wear. House-fittings of all kinds, pieces of room furniture, kitchen and yard utensils, and implements of the field, have been daily appearing of greater elegance of form combined with superior strength, because they, too, in the progress of mechanical art, have been fashioned of the universal metal. In the middle of the nineteenth century, while our travellers are carried by steam over iron roads and our merchants cross the ocean in iron ships, our grandmothers, at home, rest in iron arm-chairs, and our infants sleep in iron cots in the nursery. Truly it is an age of iron. If the ratio of increase for the future is to advance equal to the past, it is esti- mated that the production of iron in 1970 will have reached 490 millions of tons, an aggregate transcending ordinary appreciation. Beginning with 1806, the British production doubled in 18 years. It had again doubled at the close of the next 12 years ; again at the close of 11 years, and it has very nearly doubled once more in the subsequent interval of 13 years. But allowing the consumption of the entire globe to double but once in 20 years — a moderate estimate, when it is considered that not one-eighth of its civilized or semi-civilized surface is yet covered with railroads, and that the demand for them for eveiy quarter is urgent and hardly resisted — the total consumption of iron will be 14 millions of tons in 1875 and 28 millions in 1855. The Scotch mineral field contains large quantities of argillaceous ore. The most valuable scams of carbonaceous or black band ores hitherto discovered belong to the Scotch coal field. The average yield of metallic iron from these ores is 35 to 41 per cent. So far from the iron-making materials of the United Kingdom being exhausted, as is represented by some, although in some of the smallest fields, as Shropshire and Staffordshire, a large portion of the ores IRO 177 IRO have been wrought, in others there is still abundance. The present average con- sumption of ores of all kinds is about eight million tons, and at this rate the Welsh field alone contains a sufficiency of ore for supplying the non-works of this country for 2000 years. The annual consumption of iron in Europe and the United States is estimated at the present time at seven millions of tons. Of this great aggregate, Great Britain produces about one -half and consumes one-fourth. The figures are thus stated: Tons. Tons. Great Britain . 3,586,000 Austria . 600,000 United States 1,000,000 Prussia . 200,000 France 650,000 Denmark 20,000 Belgium 950,000 Germany 200,000 Russia 675,000 Spain 27,000 Sweden and Norway . 179,000 Italy .... 72,000 Total . . 6,880,000 The rest of the world in Asia, Africa, and America, furnishes too little to be computed ; but may possibly raise the aggregate production to 7,000,000 tons. Mr. Robert Hunt states the quantity of ore raised from all parts of the United Kingdom, and used in the manufacture of pig iron, in 1858 at 8,040,959 tons, and the produce of pig iron therefrom to have been 3,456,064 tons. The value of this being estimated by him at the furnace at £3 per ton, makes the total value of the produce £10,368,192, or taking the mean average price (deduced from all the sales of the year) at £3. 2* per ton, it gives a market value for the British pig iron of £10,713,798. The following is his summary of the pig-iron produced in different districts in 1858- Northumberland Durham .... Yorkshire, North Riding ., West Riding . Lancashire .... Cumberland .... Derbyshire .... Shropshire .... Staffordshire, North „ South The foreign shipments of pig iron during the years 1851, 1852,1853, and 1859, were as follow:— 1851, 162,670tons; 1852, 224,097 tons; 1853, 314,240 tons; 1859, 313,513 tons; of which the following are some of the more important particulars: Tons. Tons. 45,312 Northamptonshire . . . 9,7.30 265,184 Gloucestershire . . . 23,580 189,320 Wiltshire and Somersetshire . 2,040 85,936 North Wales .... 28,150 2,840 South Wales, Anthracite District 50,774 26,264 „ Bituminous District 835,704 131,577 Scotland .... 925,500 101,016 , 135,308 Total Produce, United Kingdom 3,456,064 597,809 1851. 1852. 1853. 1859. Tons. Tone. Tons. Tons. United States 80,019 100,706 151,256 84,990 British America 22,401 11,825 25,440 10,421 Germany 31,341 42.229 42,750 18,559 Holland 18,175 23,716 24,740 38,784 France 10,641 17,924 29,100 65,581 Italy 7,316 7,423 18,505 Denmark, 700,000 Western - 12 22 34 Southern - 7 4 11 J North Wales - 3 2 5 10,000 Shropshire - 23 10 33 90,000 South Staffordshire 105 43 148 600,000 North Staffordshire 13 8 21 55,000 Yorkshire (North) - 10 6 16 25,000 Yorkshire (South) - 5 8 13 20,000 Derbyshire - 19 10 29 60,000 Northumberland, Cumber- ) land, and Durham - J 19 19 38 90,000 Lancashire and West Cum- ) berland j 3 3 10,000 Scotland - 113 113 690,000 Forest of Dean Totals - 3 3 30,000 459 171 630 2,380,000 IEO 179 IEO The percentages of increase in the number of furnaces in the undermentioned districts, between 1823 and 1850, as compared with the total quantities of iron produced therein during the same period, is thus shewn: — Districts. Increase per cent. in number of furnaces Increase per cent, of production. Excess per cent of production over increase of furnaces. Scotland Staffordshire - Derbyshire South Wales - Shropshire Yorkshire 1250 HO 140 200 Decrease. 40 40 2800 500 420 400 60 150 1300 360 280 200 20 190 The extraordinary development of the power of production, which has enabled Scotland, with an addition to her furnaces of 1250 per cent., to increase the quantity of iron produced by more than 2800 per cent., is mainly to be attributed to the almost universal adoption of the hot blast — a system more generally in use in Scotland than in other parts. The more extended application of chemical and mechanical science may, however, be traced in the fact of the increased pro- ductiveness of each district. In the case of Shropshire the decrease in the num- ber of furnaces is not easily accounted for, when taken in connection with the increased quantity of iron produced. The ore in this district is exceedingly rich, and the hot blast, we arc informed, is in very general use in the county. The total quantities of iron produced, and the number of furnaces in the different periods for which any record exists, will be found in the following table: — Years. Furnaces. Tons. Years. Furnaces. 1740 59 17,350 1828 278 1750 — 22,000 1830 359 1788 85 68,000 1835 1796 1802 1805 1820 Furnaces. 59 85 121 168 169 1823 1825 253 262 Tons. 17,350 22,000 68,000 125,000 170,000 250,000 400.000 442,000 581,000 1840 1847 1848 1850 1860 402 433 452 467 833 Tons. 702,000 653,417 1,000,000 1,200,000 1,396,400 1,999,600 2,093,736 2,380,000 3,500,000 The value of the enormous quantity of pig iron produced in 1860 may be esti- mated at about 50s. per ton, which would give as the value of the rough iron smelted in that year a sum of £8,750,000. The value of the material after the further application of labour is, of course, very considerably increased. In some few instances such an amount of labour is bestowed upon iron, when converted into steel, as to cause it to realize as much as the more precious metals. A piece of iron small in weight will, by being made into watch-springs, yield a very large return for the labour expended upon it. A fair mode of estimating the value of a portion of the manufactured iron may be obtained from the table of exports. Thus, in 1858 the exports of iron, cast and wrought of all descrip- tions, exclusive of hardware, cutlery, and machinery, amounted in quantity to 1,357,156 tons, and the declared value was £11,364,859, being at the rate of nearly £9 per ton. If we estimate the whole of the iron manufactured in this country at this rate, it will give as the value of the iron manufactures in 1860 a sum of £31,500,000. This, however, does not include machinery or mill- work, or the finer portions of the manufacture involved in the production of hardware aud cutlery,the exports of which amounted in 1859 to over £7,527,000; and it will probably not be too much to place the entire value of the iron manu- factured at a sum of £40,000,000. IBO 180 IEO The following table gives the production of each district in the years 1823, 1825, 1830, 1840, 1850, and 1858:— Districts. 1823. 1825. 1830. 1840. 1850. 1858. Tons. Tons. Tons. Tons. Tons. Tons. South Wales 182,300 223,500 277,006 505,000 700,000 886,478 Staffordshire 133,500 171,700 212,600 427,650 655,000 733,117 Shropshire 57,900 86,300 73,400 82,750 90,000 101,016 Yorkshire 27,300 35,300 28,900 56,000 45,000 275,256 Scotland 24,500 29,200 37,500 241,000 690,000 925,500 Derbyshire 14,000 19,100 17,900 31,000 60,000 131,577 North Wales — 13,100 — 26,500 10,000 28,150 Northumberland ) Forest of Dean > Lancashire ) Totals — — — 11,000 90,000 45,312 2,320 3,000 5,329 15,000 30,000 23,580 — — — — 10,000 2,840 442,000 581,300 653,400 1,396,400 2,380,000 3,152,826 Some interesting results may be ascertained from these tables by a comparison of the number of furnaces in each year with the amount of iron produced, and the average produce of each furnace. The results are as follows: — Number of Furnaces. Total Produce. Average Produce of each Furnace. Tons. Tons. 1823 . 253 442,000 — 1700 1825 • 262 581,300 — 22o0 1830 • 359 653,400 — 1800 1840 . 402 3,396,400 — 2400 1850 - 459 2,380,000 — 5200 1858 - 619 3,456,064 — 5590 The following shews the production of iron in the north of England district in the close of 1854 : — English Blast Furnaces and Kolling Mills North of the Humber. Name of Firm. Name of Works. In Blast. Out Blst. Total. Pig Iron. MaL Iron Tons. Tons. Derwent Iron Company Consett 5 2 7 700 600 Ditto Crookhall 6 1 7 800 Ditto Bradley 3 1 4 450 — Ditto Bishopwearmuth. — — — — 500 Bolckow and Vaughan - Witton Park - 4 — 4 500 300 Ditto Middlesbro' 3 — 3 400 300 Ditto Eston 6 — 6 750 Ditto Eston 2 1 3 250 Bell Brothers Clarence 3 — 3 400 _ Ditto Felling 2 — 2 260 Ditto Wylam 1 — 1 120 — Losh, Wilson, and Bell - Walker 4 1 5 560 300 J. Carr and Company - Tyne Main — 2 2 — Weardale lion Company Tow-law 4 2 6 500 _ Ditto Stanhope — 1 1 — Ditto Spinney Moor - — — — — 300 James Wakinshaw Monkwearmouth — — 60 Hawks, Crawshay 0 16,728 3,000 10,500 3,488 2,050 2,000 31,000 32,750 171,710 25,600 13,200 13,445 4,512 2,270 9,673 12,761 10,300 6,600 15,1G7 18,414 2,151 13,250 18,739 32,000 11,295 8,273 1,561 7,709 28,064 37,083 45,535 34,244 32,853 40,304 56,644 66,585 50,131 24,170 9,891 20,1*70 14,575 21,534 6,291 6,776 8,940 13,324 12,400 17,325 2,850 12,081 8,660 13,470 11,483 15,361 6,223 8,175 16,485 12,497 7,189 14,796 12,126 22,100 Newfound- Tons of South American Horse Hides. land and Greenland Seal Skins. Oak Bark. Mimosa. Valonia. Terra Japon. 1S47 104,000 290,000 1600 600 1760 4800 1S48 111,380 191,760 1838 130 2643 4000 1819 108,584 K'3,475 2135 219 4226 4924 1850 89,083 334.020 1320 383 2395 2782 1851 59,051 264,073 1365 1608 1650 2812 18->2 61,519 264,390 1670 1723 2735 2460 1853 181,110 262,560 1194 253 3700 3004 1854 114,9n6 175.640 1609 22 3400 1550 1855 110,470 126,271 1561 616 1445 3.500 1856 93,610 168,750 1513 636 5900 3900 1857 93,712 205,139 1214 1224 5220 3690 1858 101,328 212,100 1824 615 5770 4500 1859 110,518 169,561 1964 1049 6980 5000 at £7 £139,860 at 9 9,423 at 13 332,527 at 14 196,616 at 16 147,952 at 27 121,805 at 10 40,000 at 9 1,800,000 at 5 250,000 LEA 196 LIN - If we take the last year's imports of tanning substances at the current prices ■of the day, and add thereto the estimate of the indigenous barks, we shall arrive »t an approximate idea of this important branch of the leather trade. Imports of 1859. Oak bark, 19,980 tons Mimosa bark, 1049 tons . Valonia, 25,579 tons Sumach, 14,044 tons Gambier, 9247 tons Cutch, 4515 tons Myrabolans, Divi Divi, and other substances, about 4000 tons The indigenous Oak bark used may be taken at rally 200,000 tons at Larch bark used in Scotland, probably 50,000 tons £3,038,183 LIGHT DUES. The following were the receipts from light dues throughout the United Kingdom, 1853 to 1858 inclusive:— 1853, £413,191; 1854, £316,091; 1855, £313,228; 1856, £353,808; 1857, £311,820; 1858, £292,161. The ordinary expenditure in 1853 was £190,018; in 1854, £195,619; in 1855, £214,7*01; in 1856, £208,006; in 1857, £232,561; and in 1858, £202,108. The extraordinary expenditure during these six , years amounted to £335,500. Within the last five years reductions in the sums paid for light dues have been effected to the amount of £200,341, under the following heads: — 35 per cent, off dues on coasting voyages and 50 per cent, off dues on foreign voyages, so that a shipowner in the coasting trade who before the year 1854 paid £100 for lights now pays only £65, and a shipowner in the foreign trade who before 1854 paid £100, now only pays £50. This is total exclusive of the reduction of 75 per cent, allowed in 1854 off the Scotch lights for coasting vessels, and the small reductions off Irish lights allowed in 1855. The total amount of expenditure, ordinary and extraordinary, for the mainte- nance of light-houses and the building of new lighthouses during the year 1858 was £278,557. The estimates for future years are £235,000 for the maintenance of lighthouses, including those recently built or now building; and £300,000, as extraordinary expenditure for building new lighthouses, to be spread over several years. The balance at present to the account of the Mercantile Marine Fund, who manage the lighthouses, is £361,645, exclusive of the floating balances in the hands of numerous sub-accountants. LINEN. Under the head of Flax some details have already been given respect- ing the linen manufactures of the Kingdom. According to the latest official re- turns, the number of factories working on flax, are as follows: — In Lancashire and Cheshire, 13; in Yorkshire, 60; in Derby, 1; other parts of England, 65. In Scotland, 168, and in Ireland, 110. These employ 21,977 male hands, and 53,909 females. The motive horse power in these factories was 18,322, of which 14,887 was steam power, and 3935 water power. In Leeds there are 32 firms engaged in flax manufacture, employing 1818 nominal horse power, and 9020 operatives, and consuming about 12,000 tons of flax. The number of spindles are as follows: — In Ireland, 567,980; in England and Wales, 441,759 ; and in Scotland, 278,304. In 1850 the quantity of linen and yarn, &c. exported was in value £4,845,030, and the quantity kept for home consumption was valued at £9,700,000, together £14,545,030. In 1859 the ex- ports were to the value of £6,291,734, and taking the home consumption at double this quantity, it gives a total value for the trade of £18,875,202. The table on the next page continues down the annual returns of the export trade from p. 449. LIN 197 LLO CD 3 Linen Mani:factukes Exported. Linen Yabn Expobted. Entered by the Yard. Small Wares. Total Value. Exports to U. States. Quantity. Total Value. Exports to France. Quantity. Value. Yards. £. £. £. £. Lbs. £. £. 1841 90,321,761 3,200,467 147,088 3,347,555 1,231,748 25,220,290 972,466 806,336 1S42 69,232,682 2,217,373 129,376 2,346,749 463,038 24,490,987 1.025,551 749,675 1843 84,172,5S5 2,615,566 187,657 2,*03,223 713,577 23,358,352 898,829 482,357 1844 91,283,754 2,801,609 223,191 3,024,800 937,200 25,970,569 1,050 676 501,241 1845 88,401,670 2,830,784 205.586 3,036,370 908,709 23,288,725 1,060,566 414,350 1846 84,799,369 2,631,809 i93.999 2.830,808 852,720 19,484,203 875,405 262,101 1847 89,329,310 2,759,094 199,757 2,958,851 1,111,108 12,688,915 649,893 116,990 L848 89,002,431 2,597,573 205.216 2,802,789 919,957 11,722,182 493,449 23,003 1849 111,259,183 3,209,539 284,290 3,493,829 1,298,357 17,264,033 732,065 50,213 122,342,516 3,589,439 358,243 3,947,682 1,654,286 18,220,688 881,312 69,261 1851 129,106,753 3,822,935 284,461 4,107.39'» 1 433,733 18,841,326 951 426 64,888 1852 133,192 627 3,872,491 359.295 4,231,786 1 '515,847 23,928,592 1,140,565 79,302 is. 3 134,743.914 4,360,326 402,319 4,762,645 2,057,119 22,893,586 1,154,977 66,680 1854 111,941,220 3,784,508 326,314 4,110,822 1,668,982 17,696,567 944,502 48,427 1856 118,258,229 3,811,234 309,138 4,120,372 1,666,038 18,177,484 982,081 49,861 16, 410,188 4,465,244 422,536 4,887,780 2,154,490 25,118,349 1,365,980 70,989 1857 133,839,593 4,170,754 340,126 4,516,880 1,425,156 28,847,811 1,617,953 86,110 -■1,960,291 3,793.690 330,666 4,124,356 1.344,634 32,047,492 1,746,340 84,323 Sl97,801 4,302,899 304,346 4,607,245 1,989,823 27,287,917 1,684,489 LINSEED. The imports of all kinds of oil seeds have largely increased of late years, and more especially of linseed. We now receive nearly as much from the East Indies as we do from Russia. In 1853 only 608,984 quarters were imported. In 1859 twice this quantity was received from the following sources:— Russia, 665,387 quarters; Prussia, 37,622 quarters; British East Indies. 526,566 quarters; and from other coun- tries, 41.336 quarters. Total, 1,270,911 quarters. LLOYDS. In the new buildings of the upper story of the north-east wing of the Royal Exchange, the operations and conveniences of this marine institution have been very greatly extended. The Underwriters' room and the Subscription reading-room are both roomy and admirably fitted. ' Lloyds' List,' published eveiy evening under the direction of the Secretary and Committee, gives the shipping movements of the day from the special reports received from the So ciety's numerous agents by post or electric telegraph. LLOYDS' REGISTER OF BRITISH AND FOREIGN SHIPPING. The affairs of the Society are under the direction of a Committee in London of twenty-four members, consisting of an equal proportion of merchants, ship- owners, and underwriters. The Chairman for managing the affairs of Lloyds, the Chairman of the General Shipowners' Society, the Chairman and Deputy- chairman of the Liverpool Committee, and the Chairman of the Rotation Com- mittee for the time being are ex-officio members of the Committee. The defini- tions of classification given at page 454 hold good, except that the second des- cription of first-class ships are now designated by A in red. Second-class ships are distinguished by the diphthong JE, and consist of ships which are found on survey fit for the safe conveyance of dry and perishable goods on shorter voyages. No ship has been surveyed for the JE* character since 1st Oct. 1857, but ships classed with this character are allowed to retain the same, subject to annual survey, until the expiration of the period for which they were specially surveyed. The number of ships standing on the register books in different classes at two recent periods were: — 1856-57. 1860-61. 1856-57. 1860-61. A 6012 6119 Brought over 8213 8103 A in red . 11 3S4 I 4 I *JE 843 40S With no character as- JE 1307 1145 tinned 2730 3086 F 45 47 . Carried over 8218 8103 Total 10,952 11,190 LLO 198 MAC The following fees are charged to the owners of ships prior to their vessels being classed and registered in the book. For Entering and Classing Ships, and for Entering and Classing Ships surveyed for Continuation, or repaired for Restoration. For each Ship . . under 100 tons . . £10 Ditto of 100 tons and under 200 . .200 Ditto 200 „ 300 . .300 Ditto 300 „ 400 . .400 Ditto 400 and upwards . . .500 For Registering Repairs. For each Ship . . under 300 tons . £0 10 Ditto of 300 tons and under 500 . .10 Ditto 500 ., 1000 . . 2 Ditto 1000 and upwards . . .300 For Re-classing Ships (except when repaired) the Characters of which have been expunged, or change of Owners. For each Ship . . under 200 tons . . £0 10 ditto . . .200 — and above . 10 For special surveys, and where the Surveyors to the Society are required by the owners to superintend the building of ships, or repairs for restoration, or otherwise, a charge will be made according to the nature and extent of the service performed. In all such cases the authority of the Committee is re- quired. Certificates of character, signed by the Chairman of the General Committee, or by the Chairman of the Sub-Committee of Classification, and countersigned by the Secretary, are granted upon application; the charge for which is as fol- lows: — For Ships under 200 tons . . . I 2s 6d each Ditto 200 — and above . . 5s each For Ships built under Special Survey, on their First Classification Gratis LUBECK. The area of this Hanse Town is 82,824 acres, and the population in 1853 was 54,166 souls, of which 26,098 were the city. The revenue in 1855 was £58,877, and the expenditure £68,500. The vessels that entered numbered 972, measuring 110,742 tons. The imports were to the value of £3,744,281, of which only £1,054,366 were by sea. MACE. In 1830 the duty was 3s 6<7per lb. on British, and As 6d on foreign, and the consumption was 12,600 lbs. In 1835 it had increased to 18,835 lbs. The duty was then fixed at 2s 6d for all descriptions, and in 1852 the consump- tion was 21,485 lbs. In the following year the duty was reduced to Is per lb., and the consumption in 1859 was 34,714 lbs. MACKEREL. The excitement on the Devonshire coast when the shoals of mackerel come is veiy great. On their periodical arrivals on the coast, which is their custom in multitudes, for the purpose of feeding on a small fry very similar to whitebait, a practised eye will readily observe their manoeuvres some distance from the shore, inasmuch as the moment they discover the food they love so well, their numbers and greedy propensities cause them to rush on their prey, which, endeavouring to escape from death, disturbs the water in large circles like a shower of hailstones dropping therein; indeed we know of nothing more similar to compare it to. The moment one of these disturbed spots appears on the water, men are placed on the highest cliffs to look out, while the boats with their crews and nets prepared are launched and ready for action. The mackerel are sometimes seen at least a mile from shore, but the moment they attack the small bait, the latter fly towards the beach, till at times they approach within a hundred yards or nearer, and then while the look-out man, who discovers them more readily from an eminence, shouts at the extent of his lungs, the boats are rapidly rowed around the feasting fish in a circle, and then being hauled towards the shore by men on land, some thousands of mackerel are enclosed in a large bag at the extremity of the net. On the North American coast a very extensive trade is carried on in pickled MAC 199 MAD mackerel. Even- little creek and bay from Cape Sable to Halifax in Nova Scotia occasionally overflows with this fish, and they are taken in nets, from 100 to 600 barrels being secured at a single draught. Men, women and children are then employed night and day in curing them. The mackerel fishing of Nova Scotia furnishes one of its largest exports. In 1850 no less than 96,650 barrels of mackerel were exported from the port of Halifax alone, valued at £120,815, and in 1851 36,000 ban-els went to the United States. In 1852 the value of the mackerel shipped from the province was £101,000. There is about 60,000 tons of American boats engaged in the mackerel fish- ing, chiefly from the States of Massachusetts and Maine, and employing 10,000 men. The quantity of mackerel taken in 1851 by the Massachusetts boats was about 343,000 barrels, valued at £473,100. Nearly half of the quantity was caught in the Bay of Chaleur and other large bays on the coasts of the British provinces. The quantity officially inspected in the State of Massachusetts was as follows: 1831 ------ 383,559 barrels. 1841 ------ 55,537 1851 ------ 329,278 1856 214,312 The mackerel are classed into four grades; the third and fourth quality being worth only half the value of No. 1, which may range from 35s to 44* per barrel. MADDER. With the progress of our textile manufactures the imports of this dye-stuff have largely increased, as will be seen by the following return: Madder. Madder Root. Total. Cwt. Cwt. Cwt. 1841 105,981 104,671 210,652 1842 86,352 82,879 169,261 1843 138,633 101,404 240,037 1844 96,084 95,970 190,054 1845 67,456 147,591 215,047 1846 87,246 133,661 220,907 1847 67,855 103,325 171,180 1843 81,261 139,463 220,724 1849 92,736 161,986 254,722 1850 100.223 161,637 261,860 1851 92,925 202,091 295,016 1852 84,385 179,812 264,197 1853 111,563 215,017 326,580 1854 102,723 183,666 286,389 1855 100,251 175.046 275,297 1856 121,666 199,750 321,416 1857 109,069 293,989 403,058 1858 64,910 256,670 321,580 1859 ~~ 355,562 Of the imports in 1858 the greater portion of the madder root, 158,000 cwts.. came from Turkey and Syria, 55,198 cwts. from the Two Sicilies, and 25,857 cwts. from India, with which is included some portion of munjeet. Of the ground madder 461,593 cwts. came from France, 15,812 cwts. from Holland, and the rest chiefly from Spain and Sicily. The average price ranged from £2. 5* to £2. 12s per cwt. Under the name of garancine a large quantity of powdered madder root, or a substance obtained by sulphuric acid from it, is imported, chiefly from Holland and France. The weights were in Cwt. Cwfc 1853 - - • 22,4-26 1856 . « • 25,342 1854 . . - 17,594 1857 • . . 30,998 1855 - - - 27,066 1858 - - - 42,700 This garancine is worth more than double the price of madder, being valued at £7. per cwt. The aggregate importance of this dye-stuff is seen in the im- MAD 200 MAI mense quantity now purchased for the use of our manufacturers. The total value of the imports in 1858 was— madder, £159,756; madder root, £590,861, and garancine, £299,027; total, £1,049,644. MADEIRA. The population of this island has rather decreased than in- creased of late years, owing to extensive emigration. In 1855 upwards of 2300 persons left the island, about three-fourths of whom went to Demerara and the British West Indies, and the remainder to Brazil. In 1856 the population was 103,097. There are no statistics approaching to accuracy of the wine, grain or other agricultural produce of the island; but while the vintages since 1852 have been nearly total failures, and the small quantity of wine produced during each year unsound and comparatively valueless, it is quite certain that the cultivation of grain and food of various kinds has been annually greatly extended. The harvest of 1854 produced upwards of 20,000 quarters, more than half being wheat. The sugar-cane has been planted to a considerable extent, and so has the cactus on which the ccchineal insect is propagated, and hopes are enter- tained that both cochineal and sugar, particularly the former, may ultimately become important articles of export. Hitherto the juice expressed from the sugar-cane has been by distillation, converted into a spirit, and consumed on the island. The culth ation of the sweet potatoe has been also greatly increased since the vines have become unproductive. The exportation of fruit to England continues to increase, and is encouraged by the rapidity of transport afforded by the con- tract steam-packets from Brazil and Africa calling there on their voyages home. The aggregate value of the imports and exports have, however, gradually de- clined. The imports in 1852 were valued at £154,290, and in 1856 at £118,950; the exports in 1852 at £127,470, and in 1856 at £77,150. The number of vessels that entered Funchal in 1856 was 172, of 35,211 tons. The imports of grain and flour are much smaller from the greater attention given to agriculture. The shipments of wine, which in 1852 were 6690 pipes, were only 1891 pipes in 1856. The Customs revenue of the island in the year ending 30th June, 1855, was £13,879. MAHOGANY. Thirty years ago the imports of this furniture wood only averaged about 12,000 tons a year, now they exceed 37,000 tons. Of the imports in 1858, 16,310 tons came from British Honduras, 6517 tons from Mexico, 4132 from Cuba, and 3373 from Hayti. The yearly average quantity of mahogany exported in the past ten years from Belize was about eight million feet, equal to 20,000 tons, or 200,000 tons in the ten years, requiring 160,000 trees to furnish it. MAIZE. Indian corn (Zea Mays) has been long the staple and peculiar food crop or bread-stuff of the United States, although wheat is now largely competing with it there. Whenever Europe is short of food, North America stands ready to supply the deficiency with the excess of her corn crop, the super- abundance of which she is obliged at present to convert into whiskey, or to fatten swine and live stock on. It is the plant of the United States ; and the olive branch might with propriety be taken from the claw of their national eagle, and the Indian corn plant established in its place. The importance and value of Indian corn in tropical and semi-tropical coun- tries are too well known to need illustration. On almost every part of the globe where the hand of civilization has broken the turf, this beautiful grain receives a large share of attention. In the western continent it is raised from Canada to Patagonia, and the islands of the South Seas, through almost every variety of climate and people, and over an extent from north to south of more than 7000 miles. It was introduced into Africa by the Portuguese in the sixteenth cen- tury, and is cultivated more or less from the Mediterranean Sea and the Libyan Desert to the Cape of Good Hope. In Java and the Asiatic Isles it forms an important product.- In Central Asia it is known and valued, as well as in Aus- tralia and the islands of the Indian Ocean. In Europe it is extensively pro- duced; in Hungary, in Lombardy,in France, and in Spain, and we might almost say, from the Ural Chain to the Atlantic. No grain could secure such favour MAT 201 MAL from all parts of the world, except from its intrinsic value. No other cereal, in fact, except rice, is so extensively cultivated. Its flexibility of organization makes it very easy of adaptation to climate and soil. Though it prefers moist and rich soils, with strong heat, there are varieties of it which can be raised in climates at a height of more than 9000 feet above the level of the sea. The wannest regions of the torrid zone produce maize in abundance, where three crops can be taken in a year, while the short summers of Canada have a variety adapted to them. This cannot be said of rice, which requires great heat, and cannot endure a climate of high latitude. Indian corn ripens at a time when most other grains have been harvested; it therefore furnishes employment when there would naturally be but little else to do. But what gives to Indian corn its greatest importance is the actual amount of nutritive matter which it con- tains. It is said to be third in this respect, wheat and rice containing a some- what greater amount; though many place maize second only to wheat. How- ever much it may be raised in small patches for local consumption in other countries, it is in the United States alone that it enters largely and systematically into cultivation. In 1840 the quantity raised in the States was about 377,532,000 bushels; in 1850, nearly 600,000,000 bushels; and the produce of 1860 will pro- bably be, at the same rate of increase, about 900,000,000 bushels. There is no species of cereal which manifests itself under such various forms, size, colour, and chemical constituents as Indian corn. Varieties are met with exhibiting every grade, size, colour, and conformation between the shrubby reed that grows on the shores of Lake Superior to the gigantic stalk of the Ohio Valley; the tiny ears, with flat, clear, clinging grains of Canada, the brilliant, rounded little pearl, or the bright red grains and white cob of the eight-rowed hematite, to the swelling ears of the big white and yellow round seed of the Southern States. Two or three million quarters of Indian corn are already shipped annually to different quarters from American ports. The general in- troduction of Indian corn and meal since the Irish famine year has overcome most of the prejudices formerly entertained in the United Kingdom; and the con- sumption here now averages about 1,500,000 quarters of the grain, and several thousand hundred weight of the meal. The imports of Indian corn into the United Kingdom in the past fourteen years have been as follows: — Quarters 1846 . . 694,184 1847 . . 3,614,637 1848 . . 1,577,023 1849 . : 2,189,164 1850 . . 1,286,263 1851 . . 1,821,573 1852 . . 1,479,890 Quarters. 1853 . . 1,554,434 1854 . 1,357,375 1S55 . . 1,218,276 1856 . . 1,777,813 1S57 . . 1,150,783 1858 . . 1,750,825 1859 . . 1,314,303 Of Indian corn meal, we have received and taken for consumption in the last four years — 1856 . . 7,880 cwts. | 1858 . . 4,720 crwts. 1857 . 1,093 I 1859 . 2,449 MALT. — Under the article Bekk, in the Supplement, some statistics of the consumption of malt have already been given. In England and Wales in 1857 there were 6235 maltsters, paying a license duty of from 2s 1\d to £4 14s 6d per annum ; 1 1 roasters of malt, paying £20 per annum; and 21 dealers in malt, paying £10 per annum. The duty derived from all these was £15,338. In Scotland there were 653 maltsters, 2 roasters, and 1 dealer; and the duty received from these licenses was £1,124. In Ireland^ 158 maltsters, 9 roasters, and 1 dealer, paying a collective duty of £740. There were, therefore, 7091 persons makers of or dealers in malt. The reduction in numbers of late years is very noticeable, for in 1847 there were 9578 maltsters, distributed as follows: — 8290 in England, 1098 in Scotland, and 190 in Ireland. On the 14th of August, 1855, malt was permitted to be made free of duty for distilling purposes and for exportation. The quantity made under this orivilege MAL 202 HAL since has averaged rather more than 5,000,000 bushels per annum, the great bulk of which is made and used in Scotland. The estimated quantity of malt used for the beer exported in the three years ending 1859 averaged 1,200,000 bushels per annum. Calculating the malt charged with duty at 48,000,000 bushels per annum, and the population at 29,000,000, we have a consumption of about 1| bushels of malt for each, and the net revenue yielded £5,400,000, gives a proportion paid per head of 3* 8d. In the year ended 31st of March, 1860, a larger quantity of malt was brought to charge than in any year since the duty was imposed, now 163 years ago, having reached 44,565,038 bushels. The increase in the quantity of malt made has been progressive since 1855; and it is the more remarkable, as since that year the account has been diminished by about 3,000,000 bushels used by dis- tillers. This satisfactory growth of the revenue derived from malt is no doubt chiefly due to the uniformly prosperous condition of the country for several years past; but there are other causes which have greatly assisted in this deve- lopment of the malt trade. The increase in the spirit duties in Scotland and Ireland is well known to have caused a considerable augmentation in the con- sumption of beer in those countries, while the free importation of foreign barley, and the improved quality of that article, have enabled maltsters to meet the demands of the brewers. Fully two-thirds of our barley crop is used for malt- ing, but our imports of foreign barley are about 1,700,000 quarters yearly. The average price of barley in England and Wales was, in s. d. *. a. 1815 31 2 1840 36 5 1820 34 11 1845 31 8 1825 40 1 1850 23 5 1830 32 7 1855 34 9 1835 29 11 1858 34 8 Out of 4,866,402 quarters of malt made in the United Kingdom in the year ended 30th of September, 1859, 3,541,766 were made by wholesale brewers, 914,538 by victuallers, and 410,098 by retail brewers. The following table continues down the statistics given at page 462, and shows the quantity of malt charged with duty and the amount of revenue received thereon in various years since 1840, in the different divisions of the kingdom: — > Years. England. Scotland. Ireland. Total. Amount of Duty. 1841 1845 1850 1855 1859 Bushels. 30,956,348 30,508,942 §4,423,489 30,576,594 40,953,190 Bushels. 4,058,246 4,353,036 4,639,150 3,192,091 1,575,505 Bushels. 1,149,691 1,684,110 1,682,102 1,439,923 2,237,348 Bushels. 36,164,285 36,546,088 40,744,750 35,208,608 44,766,043 £. 4,889,237 4,937,972 5,511,441 6,847,104 6,852,458 In 1854 the duty on malt made from barley was increased in consequence of the war from 25 7c?, and 5 per cent, to 4s per bushel, and that made from bere or bigg from 2s, and 5 per cent, to 3s Id per bushel, commencing May 8. On the 5th of July, 1856, the war duty was repealed, viz. on malt from barley 1$ 3$d per bushel, and from bere or bigg Is Id per bushel. MALTA. — The population of this island was in 1842, 114,499, and in 1857, 140,303, of whom 131,262 were Maltese, 1111 British residents, 1084 foreigners, and 6146 military. The area, including the island of Gozo, is 115 square miles. Though properly speaking this island is little better than a barren rock, it has become by the perseverance and industry of the inhabitants, as far as the nature of the soil will admit, an exceedingly fertile and well-cultivated district. The cultivated land in the whole island is estimated at 40,000 acres. The revenue of the island now averages about £135,000. There are about 190 vessels owned in Malta, measuring in the aggregate 31,500 tons. The ex- ports in 1857 were valued at 1,850,872, and the imports at £2,361,046. Malta is the principal place of arrival and departure for steamers in the Mediterranean; MAR 203 MAR British, French, &c, with mails and passengers for India, Constantinople, &c. Of 2856 vessels, registering 432,996 tons, which entered the port in 1857, 879 vessels and 153,809 tons were British. MARBLE. — There are marble quarries in Somersetshire, Kent, Sussex, Derby and Wales. Ireland is exceedingly rich in some varieties of marble, and of these the black marbles of Kilkenny and Galway and the green kinds from Connamera are well known and much exported. The quarries from which these are obtained are considered capable of almost indefinite extension. In Derbyshire there are three quarries near Matlock from which about 20,000 cubic feet of marble are annually obtained, and the Ashford Quarry, belonging to the Duke of Devonshire, furnishes about 500 tons of black marble. This is the finest known, both for colour and texture. It lies in beds of from half-an- inch to ten inches in thickness, and the demand for it would be very great, but unfortunately it is extremely subject to veins of white calcareous spar and shakes, which render it difficult to procure in large sizes of pure black. Marble is imported from Sardinia, Italy, France and Belgium, in blocks and slabs for working into statuary and ornamental purposes. The following figures show the quantity imported of late years : Rough Blocks. Sawn, &c Cuts. Cwts. 1853 . . . 74,972 - . m 6,661 1854 - - . 113,950 - - m 13,265 1855 ■ . - 103,859 - - m 12,048 1856 . - - 63,345 - m m 17,509 1857 _ . - 95,751 . - - 20,965 1858 - - - 81,127 - - - 22,500 Manufactured marble has been admitted duty free since 1st June, 1853. MARKETS.— Smithfield market was abolished on the 11th June, 1855, after existing for about 800 years, and the great Metropolitan cattle market transferred to a new site in Copenhagen Fields, Islington, was opened on the 13th June by the Prince Consort. The new market forms a square area, paved throughout with granite, surrounded by a handsome railing with gates orna- mented with a lofty clock-tower in the centre, and provided with an abundant supply of water. It covers about 1 5 acres, while the lairs, &c, absorb about as much more, and an ample surplus (of 35 acres) is left for future contingencies. Under the head of Cattle Trade some particulars have already been given of the five stock slaughtered. The sales at Smithfield in 1854 amounted to 263,008 cattle and 1,539,380 sheep. The great market-day before Christmas serves as a good criterion of the con- sumption and ruling prices of meat in the metropolis; and the following were the average prices per stone of 8 lbs. and the number of live stock exhibited in two different years — all the stock shown are not usually sold: Monday, December 17, 1849. Beef - - - 3 4 to 4 Mutton - - - 3 6 to 4 Veal - - - 30 to 40 Pork - - - 32 to 40 *. d. t. d. Number. Beasts ----- 5,765 Sheep ----- 24,000 Calves ----- 180 Pigs ----- 230 Monday, December 11, 1854. Beef - - - 36to54 Mutton - - - 43 to 54 Veal - - - 46 to 58 Pork - - - 36 to 48 Beasts ----- 6,181 Sheep ----- 22,822 Calves ----- 106 Pigs ----- 238 There has been an increasing tendency of late years to send up to London country-killed meat, and hence the dead markets of Newgate, Leadenhall, Whitechapel and other localities, do a more increased amount of business. The British Vessels 1S42 3S9 1850 388 1857 468 MAU 204 HEB quantity brought into London yearly has been variously estimated at from 40,000 to 67,500 tons. Billingsgate fish market has been rebuilt and much enlarged and improA r cd. There are also public markets in Farringdon Street and near Hungcrford Bridge. The new Coal Exchange was opened in Lower Thames Street by the Prince Consort, Oct. 30, 1849. MAURITIUS.— The population of this island in 1857 was 238,363, of whom 156,851 were males and 811,512 females. Of the aggregate population 142,534 were Indian emigrants introduced to cultivate sugar, &c, very many of whom ultimately settle in the island. Of the Indian population 53,243 were engaged in agriculture and 24,048 in trade and commerce. The progress of the island has been steadily onward for some years past, and it has within itself all the necessary elements for making cheap sugar, in a rich soil, the best of machinery and materials for manufacture, and an abundant supply of labour. So far from the opinion expressed at page 468 being confirmed, that sugar cultivation had attained its maximum, the exports have more than trebled, and in the three years ending 1857 the average shipments of sugar were 2,209,000 cwts. and of rum 273,000 gallons. The imports comprise chiefly grain and live stock, and were to the value of £7 2,000; machinery and mill- work to the value of £76,000, guano 5000 or 6000 tons, and specie. The shipping trade has largely increased, as will be seen by the following statistics of entries : Tonnage. Foreign Vessels. Tonnage. 90,616 50 12,371 114,608 82 21,609 182,278 260 89,716 The revenue of the colony has increased to about £400,000. MERCHANT SHIPPING ACT, 1854. This Act, the 17 and 18 Vict. c. 104, which commenced May 1, 1855, comprises all the laws affecting British Merchant Shipping, with the exception of the laws relating to the public reve- nue, to emigrant passengers, and those that exclusively refer to East India ships. It is chiefly a consolidation of former statutes, abstracts of many of which have been given in the body of the present work ; but the alteration of details and the additions are numerous and important. As the extreme bulk of the Act, consisting of 548 sections, besides a large mass of fonns and tables, renders an intelligible abridgment hardly practicable, all we shall attempt is to indicate some of the leading changes introduced. The Act is divided into eleven parts. The first part relates to the Board of Trade, its functions in superintending merchant shipping and seamen. In this division there is nothing new except the extension of existing provisions, making documents issued by the Board receivable as legal evidence. Important alterations are in Part two, referring to the tonnage, measurement and registry of ships. The chief points of difference between the new and former mode of measurement are, that the number of measurements taken is much greater, and increases with the size of the ship; and the results, or cubical contents, are de- termined by what is known as Stirling's rule. Provision is also made for mea- suring the space between decks, as well as all covered space available for carrying passengers or cargo; the forecastle used by the crew being excepted, unless it exceed one- twentieth of the tonnage of the ship, the excess only being added. In regard to steam-ships, sj-coified deductions are made for machinery, &c. The register tonnage and number of certificate of registry are to be carved, or otherwise permanently marked, on the main beam of all British ships. But the Act does not make it compulsory to adopt the new measurement in regard to ships already registered. - Considerable changes are introduced in reference to ownership and registry oj ships. The repeal of the Navigation Laws has rendered the old stringent rules of registry unnecessary; provision being made for simply ascertaining the na- tionality of the ship, for subjecting her to municipal laws, and for preventing a MER 205 MEft fraudulent assumption of the national flag. Greater facilities are also afforded for the transfer of ships by the registered owners, who are empowered ( Section 76) to dispose of their ships, by way of mortgage or sale, at any place out of the country or possession in which the port of registry is situate; for which purpose certificates are to be granted by the Registrar. Part 3, which relates to masters and seamen, forms a considerable portion of the Act, extending, as it does, over 180 clauses. It moreover contains many important alterations of the former Acts, and much additional matter. Power is given to the Board of Trade to inquire into the misconduct of and to remove shipping-masters. The fees paid to the shipping-offices, on ships under 100 tons, are slightly reduced, and on those above 1000 tons slightly raised. Exa- mination and certificates of masters and mates are extended to all home- trade ships employed in carrying passengers (section 131)— but every person who, before the 1st day of January, 1854, has served as master of a home-trade passenger ship (section 135), will be entitled to a certificate of service as master of home-trade passenger ships; and a similar rule applies to mates. No certi- ficate of a home-trade passenger ship will entitle the holder to go to sea as master or mate of a foreign going ship. All indentures of apprenticeship (sect. 143) are to be exempt from stamp duty; and all apprentices are to appear before the shipping-master, to whom also the indentures are to be produced: in de- fault of which the shipmaster will incur a penalty not exceeding £5. In the engagement and supply of seamen the Board of Trade retains the power of granting licenses to such persons as it may think fit; but any persons (sect. 147) who are bondfde the servants and in the constant employ of the owner, may also provide seamen for his ships. The agreement to be made with seamen (sect. 149), which must be in form sanctioned by the Board, is to con- tain certain particulars with regard to the nature and probable duration of the voyage, number and description of the crew, the capacity in which the seamen are to serve, &c. The engagement of seamen in the colonies and in foreign coun- tries (sections 159-60) is assimilated to the practice in the United Kingdom (except in regard to colonial ships when in their own colony) ; such seamen, in foreign ports, are to be engaged before a British Consular officer. With respect to the wages of seamen, advance notes are to be no longer re- cognised. Power is given to relatives to sue on allotment notes, either in the County Court, or in a summary manner. Facilities are to be afforded by the Board of Trade (section 177) to remit, through Money-orders issued by shipping- masters, the wages of seamen and apprentices, to their friends. Savings'-banks for seamen may be established in such ports within the United Kingdom, either in shipping-offices or elsewhere, as may appear expedient to the Board. Freight as the " mother of wages," no longer exists (section 183). In all cases of wreck, unless proof be adduced that he has not exerted himself, the seamen will, like any other hired servant, be entitled to wages for the services actually rendered. But if, through wreck or other casualty, the service terminate before the period contemplated in the agreement, he is only to be entitled to wages for the time of service prior to such termination. The power of recovering wages sum- marily is extended from £20 to £50. The master has also the same remedy (section 191); power being given to any Admiralty Court to determine any question of account which may be raised. Provision is made (section 192), in the event of the relatives of seamen becoming chargeable to the parish, that the charge shall be reimbursed out of the wages of such seamen. In the event of seamen or apprentices being discharged abroad by sale of ship or otherwise (sec- tion 205), certificates of discharge are to be given, and the men are to be sent home at the expense of the owner. In regard to provisions and health on board ship, a shipmaster subjects him- self (section 221) to a fine of £20. on omitting to provide proper provisions and water. The result of any official examination in the matter must be entered in the log. But seamen making groundless complaints are to be liable to forfeit a sum not exceeding a week's wages. In case the stipulated allowance of pro- MEE 20G MEE visions be reduced, or of bad quality, without the supply of equivalent substi- tutes, the Act provides compensation to seamen for such privation, of from Ad to Is per day. The expenses attending illness (through injury received in the service of the ship) of masters, seamen, or apprentices, or burial in the event of death (section 228), are to be paid by the owner without any deduction from the wages due. As, also, is the expense of medicine and attendance otherwise given whilst on board. In the event of their removal from the ship through illness (if they afterwards return to their duty), the cost of removal, medical attendance, and subsistence, is also to be defrayed by the owner. In all other cases any '* reasonable expense " incurred by the owner in respect to the illness of sea- men, and in respect to the burial of any seaman or apprentice who may die in the service, is to be deducted from their wages. Every foreign-going ship having 100 persons on board is bound to carry a surgeon (section 230), under a penalty of £100, for every voyage. Provision is made that every seaman or apprentice sleeping in a hammock shall have a space of not less than nine superficial feet, or 54 cubic feet, and if not in hammocks, not less than 12 feet, or 72 cubic feet; and the space must be kept free from stores or goods of any kind. In the event of seamen volunteering in the Navy, and it becomes necessaiy to engage substitutes for the merchant ship they have left, the owners may apply to the Admiralty Court for repayment of any extra expenses thus incurred. It is also provided (section 216) that the owner shall be repaid any advance made, if not duly earned, to seamen so entering the Navy. There is (section 257) a penalty of £10 on any one for enticing seamen or apprentices to desert, and £20 for harbouring deserters. Power is given (section 240) to any Court having Admiralty jurisdiction in any of her Majesty's dominions to remove the master of a ship and appoint another, upon application of the owner, consignee, agent, mate, one-third or more of the crew. On a shipmaster being superseded during a voyage (section 259), and succeeded in command by another person, he will incur a penalty not exceeding £20, in default of delivering to his successor the various documents relating to the navigation of the ship. The official logs (section 282) are to contain, besides the usual entries, parti- culars of births, deatlw, and marriages happening on board ; the amount of wages due to any seaman who may enter the Navy, or who dies during the voy- age; also the circumstances attending collisions, when they occur. All entries in the Log-book, duly made, are to be received in evidence, subject to all just exceptions. In respect to Steam Navigation, the Act provides, that foreign steam ships, carrying passengers between places in the United Kingdom (section 291), are to be subject to the same rules as British steamships. The scale of boats to be carried is slightly modified, so as to meet the requirements of different vessels. A penalty, not exceeding £100, in addition to any other liabilities (section 302), is incurred by any person placing an undue weight on the safety-valve of any steam ship. The survey of passenger ships is made to extend to all steamers carrying any persons whomsoever, except the master and the crew, the owner, his family, and servants. The rules to be observed with regard to lights and fog signals are not mate- rially altered, the Admiralty having the power from time to time to alter or make regulations. All such regulations are to be advertised in the London Gazette. The new rules for ships passing and meeting each other (section 296), have been altered. Many alterations are made in the Pilotage Law, which, as they chiefly relate to minor details, will be best learned from the Act. By (section 354) all home- trade passenger ships are to employ qualified pilots, unless they have pilot- certificated masters and mates, the penalty, in default, not to exceed £100. It is important to notice that the owner is relieved from responsibility (section 388) " for any loss or damage occasioned by the fault or incapacity of any qualified pilot acting in charge of such ship," within any district where the employment MER 207 MER of a pilot is compulsory by law. This is in accordance with the judgment of Dr. Lushington in the case of the Protector, the subject having furnished ma- terials for several conflicting decisions. There is nothing to call for notice in respect to the matter of Lighthouses, except that the jurisdiction of the Trinity- house (section 389) is extended to the Channel Islands. With regard to fife-boats, and the saving of life and property from shipwrecks on the coasts of the United Kingdom, power is taken by the Act (section 418) to charge on the Mercantile and Marine Fund the expenses incurred in establish- ing and maintaining life-boats, and for rewarding the preservation of life in all such cases. The Wreck and Salvage Lan\ now incorporated in the present Act, has under- gone considerable alteration. The powers of inquiring into wrecks and casual- ties are greatly extended, in which the inspecting officer of Coast-guard, or officer of Customs (section 432), under the sanction of the Board of Trade, may be engaged and take evidence, and may also (section 439) be appointed as re- ceivers. The Board of Trade is to determine all disputes as to the amount payable to receivers, whenever disputes arise. The Board of Trade has also the power (section 434), when nautical knowledge is required, to appoint an assessor. The provisions of the Wreck and Salvage Law, being part of the new Act, are extended to Scotland. Important provisions are introduced into the Act in respect to salvage. Saving of life from shipwreck is to take priority of all other claims for salvage; and where the property salved is not sufficient, the Mercantile Marine Fund (section 459) is made available for the purpose. Disputes with respect to salvage claims not exceeding £200, are to be referred to the arbitration of two Justices of the Peace, and an umpire if necessary. With the consent of the parties concerned, the same reference may be made for any larger sum; but failing so to agree, the latter cases will, as heretofore, find their way into the Admiralty Court. This pro- vision, however, will be very beneficial in preventing expensive litigation— which is of frequent occurrence -for small amounts not worth the costs. In all claims for salvage, on the salvor abandoning his lien on the property, an agreement entered into by the master, or other person in charge of the ship, to abide the decision of the Admiralty Court, will bind the ship, cargo, and freight payable, as well as the owners thereof, for the salvage which may be adjudged to be pay- able. The alteration in the law in regard to the responsibility of shipowners is the last subject to which it seems necessary to direct attention. As grave doubts have existed since the passing of what is known as Lord Campbell's Act, giving compensation for injuries received from accidents, whether or not injury or loss of life by shipwreck were subject to its provisions, it is gratifying to observe that the question is now set at rest, by section 504, which enacts that, in case of loss of life or personal injury caused to any person carried in a ship, or — by reason of the improper navigation of such ship— to any person carried in any other ship or boat, no owner of any seagoing ship shall be answerable in da- mages beyond the value of his ship and the freight due, or to grow due, at the time of the occuiTence. But in no case where any such liability is incurred is the value of such ship and freight to be taken to be less than £15 per registered ton. For the purposes of this part of the Act, freight is deemed to include passage-money, as well as the value of the carriage of goods or merchandise, which removes a doubt entertained in respect to former Acts. Such are the principal new features to be found in one of the most elaborate and comprehensive measures that the British Legislature ever gave birth to. By a subsequent Act, 17 and 18 Vict. c. 120, no less than 48 Acts, or parts of Acts are repealed, in consequence, chiefly, of their consolidation in the Merchant Shipping Act, the noticeable clauses are (section 7), enabling the Board of Trade, out of the Mercantile Marine Fund, to defray the expenses of the life- boats on the coast, and (section 16) imposing a penalty of £30 on masters of vessels, leaving natives of Asia, Africa, or the South Sea Islands, in England, MER 208 MEX who shall become chargeable to any parish, within six months from being so left, unless such person has left the vessel against the consent of the master. Subjoined are some of the Tables of the Merchant Shipping Act: — Table P.— (Section 125.) Fees to be charged for Matters transacted at Shipping -offices. 1. Engagement of Crews. 3. Discharge of Crews. £. s. £. s. In Ships under 60 tons - 4 In Ships under 60 tons - 9 4 60 to 100 ,, - 7 60 to 100 „ - 7 100 to 200 „ - 15 100 to 200 „ - 15 200 to 300 „ - 1 200 to 300 „ -10 300 to 400 „ - 1 5 300 to 400 ,, - 1 5 400 to 500 „ - 1 10 400 to 500 „ - 1 10 500 to COO „ - 1 15 5 to 600 „ - 1 15 600 to 700 „ - 2 600 to 700 „ -20 700 to 800 „ - 2 5 700 to 800 „ - 2 5 800 to 900 „ - 2 10 800 to 900 „ - 2 10 900 to 1000 „ - 2 15 900 to 1000 „ - 2 15 Above 1000 „ - 3 Above 1000 „ -30 And so on for Ships of larger Tonnage, And so on for Ships of larger Tonnage, adding for every 100 tons above 1000, adding for every 100 tons above 1000, Five Shillings. Five Shillings. 2. Engagement of Seamen separately. 4. Discharge of Seamen separately. Two Shillings for each. Two Shillings for each. Table Q.— (Section 126.) Sums to be deducted from Wages by way of Partial Repayment of Fees in Table P. 2. In respect of Engagements and Dis- charges of Seamen separately, upon each Engagement and each Discharge. One Shilling. 1. In respect of Engagements and Dis- charge of Crews, upon each Engage- ment and each Discharge ». d. From Wages of any Mate, Purser, Engineer, Surgeon, Carpenter, or Steward ----16 From all others except Apprentices 1 I Table R.— (Section 133.) Fees to be charged on Examination. £ For a Certificate as Master - 2 For a Certificate as Mate - 1 s. d. Table T.—(Section 314.) Fees to be charged for the Survey of Passenger Steamers. £. s. d. For Steamers not exceeding 100 tons - - - 2 For Steamers exceeding 100 and not exceeding 300 tons - 3 For Steamers exceeding 300 and not exceeding 600 tons - 4 And for every additional 300 tons an additional - 1 MERCURY.— See Quicksilver. MEXICO. — This republic now consists of 23 departments, 2 territories, and a federal district. The whole area includes 846,615 square miles, with a col- lective population estimated in 1850 at 7,485,205. Sinaloa and Sonora com- prising 7865 square miles and 300,000 population, were delivered up to the United States by the treaty of 1853, and Tehuantepec sold to the United States for 25 million dollars. According to the records of the Mexican Government, the value of the foreign imports into that Republic at the present date is about 26,000,000 dollars, and that of the exports 28,000,000 dollars, making a total foreign interchange of im- ports and exports of 54,000,000 dollars per annum. This commerce is distri- buted as follows: Dollars. Exchanges with England - - 33,400.000 Exchanges with the United States 8,700,000 Exchanges with France - - 5,500,000 Exchanges with Germany - - 2,000,000 Exchanges with Spain - - 1,200.000 Exchanges with Belgium - - 400,000 Dollars. Exchanges with Guatemala, Chili, 0 000 Malay Peninsula . . 3,733,333 Borneo .... 2,666,G67 Lbs. Siam .... 8,000,000 Malabar .... 4,000,000 50,000,000 In 1830 the duty was 1* per lb. on British, Is 2d on that from places within the East India Company's Charter, and Is 6d on that from other parts. The consumption was 2,009,272 lbs., which had increased to 2,359,935 lbs. in 1835. In 1836 the duty was reduced to 6d per lb. for all descriptions; and in 1859 the consumption was 4,243,437 lbs., yielding to the revenue £111,392. In Mr. Gladstone's Budget in 1860 the duties on other spices were abolished, but that on pepper retained. PERU. The area of this republic was given officially in 1852 at 502,761 square miles, and the population at a little over two millions, distributed over the follow- ing departments and provinces: — Population. 2o0,8ol 61,432 285,661 8,453 76,332 2,106,492 The revenue in 1857 was £3,731,249, of which £3,060,000 was derived from guano receipts, and £400,000 from import duties. The expenditure was £3,272,010; the public debt on the 30th June, 1858, was £8,853,154, of which £5,769,480 was foreign debt. The entries of shipping at Callao in 1858 were 1296 vessels, registering 650,000 tons; at Islay 49 vessels, and 19,835 tons. The number of vessels that cleared with guano in the same year was 346, re- gistering 266,709 tons, being only about half the number of the three or four previous years. In the first six months of 1858 635,589 tons of guano were consigned by the several contractors, 66,607 were sold, and 568,603 remained on hand. The net produce of the sales was 3,202,059 dollars, the charges and expenses eating up no less than 2.539,915 dollars out of the gross produce, which was 5.570,724 dollars. The imports into Callao in 1857 were worth £1, 750,387, and the ex- departments. Population. Departments. Amazonas . 43,074 Lima Aneach 219,145 Moquegua Arequipa 119,336 Puno Ayaeucho . 132,921 Provinces. Cuzco 349,718 Callao Huancavelica 70,117 Piura Junin 222,949 Libertad 266,553 PEE 228 PHI ports thence £441,434. Silver bars are the chief staple of the export trade, while cotton, woollens, provisions, and wines, and spirits figure most largely among the imports. England, France, and Chili take the lion's share of the import trade of Peru, followed by Hamburg and Panama, while England and Panama appear to be her best customers — that is to say, the largest receivers of her exports. PHILIPINE ISLANDS. The coasts of the Philipines extend 800 miles in length, and are deeply indented with bays; the interior is intersected by lakes and rivers, which in two parts of this, their principal island, and seat of their capital, bring the opposite seas of China and the Pacific, within a few leagues of each other, across a district very easily traversable; while the rest of the islands (through which flow two principal lines of foreign navigation, between Europe and China, and the Philipines and South America,) are so situated in relation to each other, that their separation promotes more than their union would do, a facility of internal and external communication strikingly attributable to the whole group, and peculiarly favourable to commercial and industrial relations. The soil of the Philipines is exuberantly rich, and the commercial products of hemp, tobacco, sugar, indigo, coffee, sapan wood, rice, and cocoa, are very extensively cultivated in some of the provinces, and susceptible of being so dis- tributed among all the others. Through this group is spread a population of from 3,500,000 to 4,000,000 of inhabitants who are christianized, and with the exception of a few mountain and petty tribes and the Mahometans in Mindanao, live in peaceful subordination to the official agencies of the Government here. In the Island of Panay, which is below the 12th degree of latitude, and generally described by the name of its chief province Iloilo, the population is 559,861. The adjacent islands, Leyte and Samar, contain unitedly, nearly 300,000, and in Luzon, the population is little short of 2,000,000. Divided into three commercial divisions, north, central, and south, and to the central giving all the provinces between the 13th and 15th degrees of latitude, to the south the group of islands below the 13th, and to the north giving only three of the provinces, Pangasnian and the two Ilocoses with their dependents, Abra and the Union, and from this last division excluding the great range of country along the Pacific ; each of these three divisions has a distinctiveness of character and commercial importance, in population, productions, wealth, indus- try and intelligence. The northern part is very highly cultivated, and embraces a population of 724,946 inhabitants; and parallel to it is the large, though not numerously po- pulated province of Cagayan, not included in that division, and in which is cul- tivated the finest quality and largest quantity of tobacco in the Philipines. The southern division contains a population of upwards of 1,200,000, and the central which depends especially on Manila, within the degrees of latitude indi- cated, is a zone of very great natural resources, and of varied productions, ex- tensively cultivated, and containing nearly 1,500,000 of inhabitants. Each of these divisions is of itself a sphere of commercial and industrial activity. From Pangasnian in the north is drawn a principal part of the sugar sent to England, and to Europe; and from thence, and from Ilocos, the indigo which is exported. In Zebu, Iloilo, and the southern islands, is produced the sugar which chiefly supplies Australia; besides hemp, buffalo hides, and horns, tortoise-shell, wax and sandal wood, for the markets of Europe and the United States, and from the rich provinces which crescent Manila, the same productions are sent for export through the capital ; while, independent of foreign trade, the northern division as the granary of the Philipines, and of China in its seasons of dearth, and Pangasnian as the chief ship-building province of the Philipines; and Iloilo, and the south, as manufacturing districts, of webs of much value, and articles of extensive native consumption, have resources of local trade, which enrich and animate their industry. In the northern division there are in one of the two provinces of Ilocos, six towns with a population in each of from 5000 to 8000, five towns with from PHI 229 PIN 10,000 to 18,000, and one with 31,000 inhabitants, and in Pangasnian six towns with from 5000 to 8000, seven from 8000 to 17,000, two with upwards of 21,000, two of 16,000 and one of upwards of 19,000. In the southern provinces, Zebu has fourteen towns with from 10,000 to 12,000, and in the Island of Panay, or Iloilo, there are thirty-two towns with from 3000 to 8000, seven with 8000 to 10,000, thirteen towns with from 10,000 to 15,000, four of 18,000, one of 21,450 and another of 29,820. The cheapness and quality of their produce, and the commercial tendency and situation of these possessions generally, cannot be better illustrated, than by the fact, that unfostered by the Spanish authorities, and uninfluenced by Spanish enterprise, which chiefly is directed here to monopolise Government contracts and the carrying and coasting trade, and depending, therefore, chiefly, for foreign supplies and native returns, on native industry and foreign houses, the Philipines, while principally trading with England and the United States, extend their relations to China, the western coast of North America, Australia, India, France, Switzerland, and Germany. Yet, notwithstanding the large propor- tion of commercial resources which are cultivated, and are cultivable in the dis- tant divisions of these possessions, notwithstanding the aggregations of popula- tion we have enumerated in those provinces remote from this capital, and testi- fying the existence there of commercial elements, and an industrial and commercial spirit, and notwithstanding that, for nearly five months in the year, those northern and southern divisions, have alternately their commercial relations with Manila, and supplies of foreign manufacture, and exports of native produce suspended by the opposing monsoons, which impede nearly all navigation with them ; the foreign trade of the Philipines is, at present, confined by law to the port of Manila; here, alone can come from abroad, to be discharged for distribu- tion throughout these possessions, the manufactures of Great Britain, and other countries, and here have to be brought from their remotest provinces, for pur- chase at Manila by foreign merchants, every exportable article of native industry and produce. PILCHARD. The catch of pilchards varies considerably. About 25,000 hogsheads of fish are shipped annually on an average, but as many as 100,000 were cured in 1845. There is a considerable local consumption in Cornwall, and the remainder is exported, for but few find their way to other parts of the kingdom. The value of the pilchard fishery may be inferred from the following state- ment of exports: — Hhds. | Hhds. . Hhds. 15,384 1841 • 9,605 1845 . 29,986 7,627 1842 . 20,714 1846 • 34,353 12,824 1843 . 8,820 1851 . 26,743 23,310 1844 . 13,959 The price has fluctuated to an equal extent during the same period, having ranged from 33* to 60s for winter fish, and from 35s to 70$ for summer fish. PIMENTO. All the pimento which arrives in Great Britain comes from Jamaica, and is the produce of Eugenia pimento. An inferior kind (E. aeris) with larger berries, grows in the island of Tobago, and is occasionally imported into France. Another species (E. pimentoides) is stated to yield an ovate berry containing similar useful properties. In 1850, 1022 tons of pimento were im- ported, and in 1855, 2115 tons, of which 1200 tons were re-exported, and 259 tons taken for home consumption; the residue remaining in bond. The duty of 5s per cwt. was repealed in 1860. PINE-APPLES. Scarcely a steamer now arrives from the West Indies or from the West Coast of Africa, without bringing boxes of this delicious fruit. But a special trade has been opencd-up of late years with the Bahamas, where the cultivation of the pine-apple has been extensively entered upon on many of the low out-laying cays or islets. It was first commenced in 1842, when a small quantity of the fruit was shipped from the Bahamas to Liverpool. The trade now, however, chiefly centres in London, and ten or twelve vessels arrive during each season freighted with Hhds. , v 1833 9,924 1837 1834 . 25,034 1838 1835 • 23,314 1839 1836 . 18,718 1840 PIN 230 POR this fruit, each cargo comprising from 20,000 to 40,000 pine-apples. These meet with a ready sale, owing to the large demand for preserves and confectionary purposes. The trade is carried on hy sailing vessels, as steamers were found to heat and ripen the fruit too quickly. The culture has been much improved, and better prices are obtained by the growers owing to the competition for the British and American markets. About thi: ty vessels are constantly engaged in carrying fruit to New York from the West India Islands. In 1854, twenty cargoes of pine-apples, averag- ing 80,000 dozen per cargo, were imported there from Cuba, 20,000 dozen from St Bartholomew, and 200,000 dozen from the Bahamas Islands. PLATE AND PLATED WARES. 3000 ounces of gold and 400,000 ounces of silver pass annually through the Assay-office, and many more thou- sand ounces of the precious metals are worked-up into small ornaments not subject to duty. The average amount received for duty on gold and silver plate, in the United Kingdom, in the three years ending with March, 1859, was £73,891 per annum. The duty on gold plate stamped being still 17* per ounce, and on silver plate 1* 6c? per ounce. The declared value of the gold and silver plate of British manufacture exported in 1858 was £74,027 (158, '297 ounces), and of plated wares, £107,476. The silver plate imported in the same year was 48,043 ounces, worth at 5s per ounce, £12,011. It is subject to a duty of Is 8c? per ounce since June 1853. PLUMBAGO. The foreign imports of this mineral substance are now large — the receipts in 1858 were 2881 tons, of which two-thirds were received through Hamburg, and 860 tons from Ceylon. The average shipments from Ceylon are about 1000 tons per annum; and the price £9 to £9 10s per ton. POLICY OF INSURANCE. The stamp duties chargeable upon Life Policies are— Where the sum insured shall not exceed £500, then for every £50 and any frac- «. d. tional part of £50 - - - - - - 6 And where it shall exceed £500, and shall net exceed £1000, then for every £100 and any fractional part of £100 - - - - 1 And where it shall exceed £1000, then for every £1000 and any fractional part of £1000 - - - - - - -10 The stamp duty payable on Marine policies is — When the premium is 10s - - - - - -03 When it is above 10s and not exceeding 20s - - - - 6 „ 20s „ 30s - - 1 „ 30s „ 40* - - 2 „ 40s ,, 50s - - - 3 50s „ - - - - 4 Time policies for six months - - - - 2 6 Above that period - - - - - -40 The net produce of the Revenue from stamps on Insurance Policies in the year ended 31 March, 1859, was as follows : — Great Britain . Fire Insurance. 1,838,232 Marine Insurance. 284,636 Ireland . „ 64,303 „ 688 United Kingdom . . £1,402,535 £285,324 PORTO RICO. A West Indian possession of Spain. The area of the island is 3700 square miles; the population in 1855, 500,000, of whom 35,000 were slaves. The import and export duties and tonnage dues average a quarter of a million sterling per annum. The entries and clearances average 1300 ves- sels, and 165,000 tons. About 280 British vessels, of 35,000 tons, are employed in the trade. The value of their cargoes in 1857 was £172,071; the imports and exports average about £1,000,000 sterling. The exports in 1855 consisted of 101,437,866 lbs. of sugar, 13,642,264 lbs. of coffee, 33,716 casks of molasses, 4100 puncheons of rum, 2,476,687 lbs. of tobacco, 237,500 lbs. of cotton, 4425 head of cattle, and 802,762 lbs. of hides. The exportation of sugar from Porto Rico since has been as follows: — 1859 . 91,700,000 lbs. | 1858 . 121,300,000 lbs. | 1857 . 81,000,000 lbs. In tobacco there has been a great falling off. The shipments were in 1859 . 2,825,000 lbs. | 1858 . 4,900,000 lbs. | 1857 . 4,035,000 lbs. POE 231 POS PORTUGAL. The area of the five provinces of Portugal proper is 35,400 English square miles. The population in 1854 was 3,499,121 s^puls, or 9S*8 to the square mile. The revenue of the kingdom in 1857, including Madeira and the Azores, was £2,867,875, and the expenditure £3,057,261 ; the public debt in 1855 was £21,384,538. The sailing vessels which entered Portuguese ports (including the Azores and Madeira), in 1854 were 2790 ships of 202,988 tons, manned by 20,925 seamen ; and 353 steam vessels, of 134,960 tons, and carrying 12.838 men. The British flag is the second in importance of the national vessels in the trade. The entries of British sailing vessels with cargoes were 434, measuring 62,097 tons, and about the same number in ballast. Looking at the shipping trade of the principal ports, we find that of 851 vessels which entered Lisbon in 1857, 358 were British, and of 1072 that entered Oporto in 1855, 187 were British. The value of the imports into Portugal in 1854 was £4,171,269, and that of the exports £3,245,925. The following shows the value of the British trade with Portugal: Imports from, Exports to, Imports from, Exports to, Computed Value. Declared Value. Computed Value. Declared Value. 1849 ... £979,597 1855 1,962,044 1,350,791 1850 ... 1,029,204 1856 2,164,090 1,455,754 1851 ... 1.048,356 1857 2,148,7-23 1,458,321 1852 ... 1,104,213 1858 1,079,775 1,432,238 1853 ... 1,210,411 1859 ... 1,306,449 1854 - £2,101,126 1,370,603 POSTING. In lieu of the duties under this head, mentioned at p. 541, the following duties are payable by 16 and 17 Vict. c. 88, on licenses : — Where the person taking out such license shall keep at one and the same time to let for hire one horse or one carriage only . . . 7 10 And where such person shall keep any greater number of horses or carriages— Not exceeding two horses or two carriages . . . . 12 10 Not exceeding four horses or three carriages . . . . 20 Not exceeding eight horses or six carriag -s . . . . 30 Not exceeding twelve horses or nine carriages . . . . 40 Not exceeding sixteen horses or twelve carriages . . . 50 Not exceeding twenty horses or fifteen carriages . . . 60 Exceeding fifteen carriages . . . . . . 70 Exceeding twenty horses, then for every additional number of ten horses, and for any additional number less than ten over and above twenty, or any other multiple of ten horses, the further additional duty of . 10 Persons intending to let horses for hire must make entry of their stables, coach- houses, &c, with the proper officer of excise duties. Penalty 1001 for letting horses for hire without license, or keeping a greater number of horses, n S &* < g& < s. d. s. a. d. d. s. d.\ England 27,506 8f 3 6f i 19,024 n 9 1 Exemption \ from Tolls. Ireland 3,267 1 2 4 1 i 8,950 2 8 f Scotland United Kingdom - 4,831 10£ 4 i 4,962 ftg 6£ 35,604 9i 4 1 ft 32,9 36 n 9 I Exemption \ from Tolls. {continued) Mails conveyed on Foot. Mails conveyed by Packets and Boats between different places in the United Kingdom. 05 . ! S a © Pi > < a a •a ■ a 3 a | 03 . 2 b li ii • bD 1.. 6 i fcOf- s 1 a "3 a PS a "3 i England Ireland Scotland United Kingdom - 49,803 8,362 10,799 d. li d. H N d. ! 3. 4 1,134 62 1,621 s. d. 1 6£ 1 4i *. d. 5 6| 5± 1 10£ d. i I 68,964 H H | 2,817 9f 5 0*| i * The Account was taken on the 1st December. t In calculating these amounts, the payment to the Chester and Holyhead Railway Company has been omitted, as only part of that payment is for postal service, the remainder being of the nature of a Government grant to increase the general faculties for communication with Ireland. POS 233 POS The following table shows the number of letters delivered in the United Kingdom, in 1856 and 1859, and the proportion of letters to population in 1859 Number of Letters in 1856. Number of Letters in 1859. Proportion of Letters to Population. England - Ireland - Scotland - United Kingdom - 338 millions 42 48 „ 446 millions 47 „ 52 „ 22 to each person*. 7 to each person. 16 to each person. 478 ., | 545 „ 18 to each person. As compared with 1858, the total for 1859 shows an increase of 22 millions; and as contrasted with the year previous to the introduction of penny postage (1839), an increase (omitting franks) of 469 millions ; making the present number of letters rather more than seven-fold what it was in 1839. In the London Office alone, counting the letters both inwards and outwards and counting forward letters, there has been an increase in the last five years of more than twelve millions. It is a striking fact that the number of London District letters, that is, of letters posted in the London District for delivery within the same, — the old twopenny post, — is now equal to the total number of letters, whether general or local, posted twenty years ago in the whole of England and Wales, London inclusive. The number of letters given in the foregoing statements includes those from beyond sea. The great bulk, however, are inland; the colonial and foreign forming less than one-fiftieth of the whole. The number of registered letters in 1859 was nearly 1,400,000, or one re- gistered letter to about 400 ordinary letters. This number shows an increase of about 6 per cent, on the previous year. The following table continues down the return given at page 543: — Year. Gross Revenue. Cost of Management. Net Revenue. Postage Charged on Government Departments. 1841-45f 1846-501 1851-55f 1856 1857 1858 1859 £ 1,658,214 2,143,717 2,569,836 2,876,127 3,018,147 3,100,939 3,299,825 £ 1,001,405 1,304,772 1,441,334 1,673,556 1,713,476 1,770,5-54 1,835,953 £ 656,809 838,944 1,128,502 1,202,561 1,304,671 1,330,385 1,415,872 £ 112,468 110,798 157,003 154,229 135,517 ■ 138,631 149,382 From this return it will seem that the net revenue is fast approximating to the amount at which it stood before the introduction of the uniform penny postage, namely, £1,633,764 in 1839. The number of newspapers delivered in the United Kingdom in 1859 was about 70,500,000. The number of letters returned to the writers owing to the failure in the attempts to deliver them, was about 1,900,000. This is equal to about 1 in 280 of the whole number of letters. * In Glasgow the proportion is as high as 22 letters to each person, in Liverpool 27, in Man- chester 32, in Dublin 34, in Edinburgh 35, and in London 43. t Average of 5 years. POS 234 POS Nearly half the non-deliveries was owing to the letters being addressed either insufficiently or incorrectly; more than 11,000 having been posted without any address at all. Owing to the same cause, about 470,000 newspapers also were undelivered; being one in 150 of the whole number. The average postage of an ordinaiy inland letter continues to be about \%d., and the average postage of a book packet rather more than 2d. Excluding official packets, the average weight of an inland letter continues to be rather more than a quarter of an ounce ; that of a colonial letter, rather more than one-third of an ounce ; and that of a foreign letter rather more than a quarter of an ounce. The average weight of an inland newspaper passing through the Post Office is about two ounces and a half ; that of a colonial newspaper, rather more than two ounces ; and that of a foreign newspaper, rather more than an ounce ; the average weight of a book packet being about five ounces and a quarter. Money Orders. — The whole number of Money Order Offices is now 2481, exclusive of Colonial Money Order Offices in connexion with the United Kingdom. The following tables, with that on page 236, show the number of Money Orders issued during the year 1859, with other particulars. Number of Money Orders issued. Amount. «f © e ESS Com- mission. Profit after deducting Expenses. Proportion of Money Orders issued to Population. England and Wales Ireland Scotland - United Kingdom 5,932,133 498,828 538,147 £ 11,358,057 891,675 1,001,298 5 4 2 £ 99,250 8,138 8,972 £ 27,780 Loss 684 2,019 Nearly 1 to every 3 persons 1 h 13 „ 1 .. 6 ,, 6,969,108 13,250,930 | 4f 116,369 29,115 1 „ 4 „ Annual Increase in the Total Amount for which Money Orders were issued in the last five years, as compared in each case with the Amount in the year preceding. Year. England and Wales. Ireland. Scotland. United Kingdom. 1855 1856 1857 1858 1859 About 5 per cent. « 3 „ n 4 ii 5 ,, Average increase About 9 percent. " II n u 4f „ u 4 ,, About 4 h percent .. H „ » 5f „ ., n n "_2_ .. 4? About 5£ per cent „ H „ H Jt M " U " tt 3* ft The tables on the opposite page, from the last annual report of the Post- master General, furnish some useful statistics for reference and comparison. POS 235 POS uinuuu aad luso aad osu,i.ioui UltlUUT? J3d '4030 aad assaaoai 5-d e| aramiB aad *}U3D J8d 8SB3J0UI umuuB J3d -juaa J3d 3SB3J3UJ 3€S •urauutjjod •JU33 J3d 9SC3.I30I illl •umuuB .i9d "!JU30 J3d 9SB3J0UI •umnuT? J3d •^uao aad 3SK3.XDUX il I IS 2' 88§ ©_©_©_ © "3 t~ a © © © © © O © © = © — o © o_o o o o o o *-* co" «jf ■» -h rf co* r- © — CO rr 00 t- I I 0i •* "5 U3t» . ec © T NfSO »N4 ©_ o©^© ©.©.©. ef t>c?eo >n*i.o"co H « S K rt O 3 "« "5 I I iWSlNWtO ft © © © ©©©©©© o o © © © © © © © O ©_©_© ©_©^©_©©_©^© © O -h f) o x is o o H CO © CS ■* © — < — e« co eo tj< • I I © i© CO "5 O -^ "Cf ©o© ©©©©©©© ©©© ©©©©o©© ©_©_©_ ©©©©©©© coofeo"" co e*fco ©~co"~"~co' cct^.© cc m z; - o ^ - O—© i-*CO*~«©CO© ef«5"c>f eZ T©*co"— "co*. oox^oni O © © © CM < COVK3COOO I I I I Is © O CO tj< U3 CO «"> ©©©©©©© © © © © © © © ©©©©©©© oc" — ~ ©" •*" of o* ©*" O «©

« •jb3^ stiotAaad aq; 1 ^r^-a- » uo -juaD aad asBaaauj In«- « © © © © — < © © © © © © © © |^> THO- 3Q iC © (N LO — ~CM? «s © — c4"e • uioo aad asBaaau" Q O |s=11|l aiiliil §§ss ©_©©©_ r-Tic'cft-* ©© ~i 00 « — — fff n •aB3j£ " snoiAaad aq? uo isss: o n ^usaasdasBaaoui a b ©© o© © © © © © © = ©_ ©*co co'en ar act- — CO CO o © tf ic"t-T©" Q m N H i i i i 5 S H CD 1 iiii cs i^ oc a> ice mm 00 CO X 00 ■sa el POS 236 POS H snoiA3Jd 9in uo •lU90ia(l9SB9aD9(I 1 ■*«-* 2.2,8 53,790,000 51,616,000 50,058,000 49,318,000 \IT?9£ SnOIA9.ld 911? uo \rU99J9d 9SB9JD9(I 1 ce«>cN si o o 7,876,000 7,245,000 6,704,000 6,526,000 •Jl?9i SU0TA9.ld 9U4 UO •?U90 J9d 9SB9.I09(I j..*- II 10,066,000 9,368,000 9,236,000 9,154,000 •JB9i snotA9Jd on.? uo •?U39 J9d 9SB9J090; 1 CN CM 3 0** & *"1 35,848,000 35,003,000 34,118,000 33,638,000 1 a 03 a H a £ a a Increase or Decrease per cent. on the previous Year. - fine. H Dec. 16 Inc. O +3 tS.2 4,425,000 4,456,000 4,404,000 5,107,000 Decrease per cent. on the previous Year. 1 00 (P er Cent, proportion from and J 3rd Class t0 Total Rec eipts Parlia ^ from Passengers mpntarv / Ay erage per Passenger - meniary # Average per Mile of Mean 8310 51-80 35-78 34-85 I0.77rf. l-65Tt>.' S -,' sf ~ ' rf o — * a» ci c x u- — n cd ao as ■>* © ro to co r^tf n •>? n © «_ o -* « »* i-Tcf eo" ufw to 1 ctf Per cent- age of Increase on main lines in 1859 over 1849. 5U — © C^ —. X © — Li •— 00 »e -* And attri- butable to new lines assumed or added to main lines. £ ' 8,840 177,840 40,950 93,600 47,700 156,000 209,820 99,840 383,760 1,216,410 Of which increase there is attribut- able to main lines. 151,757 13,197 90,11)7 623,347 114,750 244,040 94,836 230,332 518,493 846,988 989,080 1,187,081 © ©" 3 Gross increase in traffic of 18-v.) over 1849. £ 151,667 •is,'.) 17 701,187 155.700 887,640 802,889 798,818 946,828 1,372,840 1,187,081 01 • <©" «* . to Revenue in I860, in- cluding main lines and oilier lines added. £ 888,978 49,068 1,288,217 353,706 885,988 '21)5,705 913,173 ! 1,897,773 1,909,316 3,570,797 2,298,475 © •* - of B o . I 1 H £ 212,215 86,768 68,008 588,030 198,000 498,328 155,169 520,841 1,169,460 962,487 2,197,957 111,804 rf" 1 O 9 I Lancaster and Carlisle Railway . . East Anglian Railway Scottish CentrflJ Railway Lancashire and Yorkshire Railway Bristol and Exeter Railway London, Brighton, & South Coast Railway North British Railway London and South Western Railway Midland Railway .... North Eastern Railway (1849 assumed, by calculation) .... London and North-Western (1859 assumed, excluding the Miles added in 1858 and 1859) Great Northern and East Lincoln Railway Revenue in 1849 .... Revenue in 1859 • Increase in Revenue of 1859 over 1849 Estimated Revenue in 1869 . At the end of 1858, the number of miles of railway open was 9542. The total number of passengers conveyed during the half-year ending December, 1858, was 76,500,000, thirty millions of whom were passengers by parliamentary trains. The total receipts from all sources of traffic were £12,825,000 ; the EAI 246 RAI sums derived from the whole number of passengers amounted to £5,782,000, of which £1,958,000 was derived from twenty-two million second-class, £1,688,000 from nearly ten million first-class, £1,521,000 from the parliamentary, and £519,000 from thirteen million third-class passengers. The receipts from pas- sengers' luggage, parcels, carnages, horses and dogs, amounted to £485,916. £221,088 were received for carrying mails, and £3,988,000 for carrying thirteen million tons of general merchandize. For carrying twenty-four million tons of coal and other minerals, the railways received £"2,096,020, and £248,737 for conveying live stock. £10,837,000 out of the whole £12,000,000 were received in England and Wales ; £1,358,000 in Scotland, and £629,652 in Ireland. The total number of miles of line open in England and Wales on the 31st December, 1858, was 7001 ; in Scotland, 1353 ; and in Ireland, 1188. The railway traffic of the United Kingdom for the year 1859 shows, as usual, an increase over that of all preceding years. It amounts, as nearly as can be estimated from the returns, to £25,576,100, being an increase over those of 1858, of £1,812,336, and over those of 1857 of £1,413,645. The depression of trade and railway competition at unremunerative rates in 1858 had the effect of annihilating the ordinary increase of traffic, and, for the first time in the history of railway traffic, depressing the receipts £400,000 below those of the preceding year. In order to explain what is meant by " the ordinary increase of traffic," it is necessary to state that during the 14 years preceding 1858 the increase in the traffic re^oipts of railways in the United Kingdom averaged £1,380,000 per annum. In estimating the actual loss of traffic in 1858, as compared with the preceding year, the £1,380,000 must be added to the £400,000 deficiency as compared with 1857, making together £1,780,000 or about 6 per cent, of the whole receipts. This might appear a small matter to persons unacquainted with the mysteries of railway finance, but the effect was to reduce the balances avail- able for ordinary dividends by 20 per cent. The continual increase in the capital accounts of railway companies, causes a perpetual increase in the fixed charges against revenue, which must be met before any dividend can be declared on the ordinary capital. The fixed charges of some railway companies are so heavy that a comparatively small depression of trade affects unfavourably the dividend of the ordinary shareholders. What- ever might have been the financial difficulties of railway companies, they cannot be attributed so much to a deficiency of traffic as to the lavish expenditure of capital, and improvident leases and guarantees. With the exception of the year 1858, the traffic receipts of railways in the United Kingdom show, from 1842 to 1859, a constant annual increase, which might have tempted many Boards to overload their companies with preference charges, in the anticipation that, at some future period, the increase of traffic on the railways would be more than sufficient to meet all those heavy charges, and pay handsome dividends on the original capital. Had there been previously five or six such years as 1858 to check those sanguine anticipations of continued prosperity, it is probable that railway property generally would now be in a much better position than it is, so far as having lighter preference charges, and more remunerative dividends on the original shares. The progressive development of railway traffic must be considered as very satisfactory, for, in the year 1842, the traffic receipts on 1630 miles of railway in the United Kingdom amounted to £4,470,700, while in the year 1859 they amounted, on 9568 miles, to £25,576,100, showing an increase in the mileage of 7938 miles, and in the receipts of £21,105,400, being an advance at the average rate of 467 miles, and of £1,241,500 per annum. The expenditure of capital on railways advanced rather faster than the traffic. In 1842 the expenditure on the railways above referred to amounted to £54,380,100, and in 1859 to £222,219,100, showing an increase of £267,839,000 in seventeen years, being at the average rate of £15,755,200 per annum. Of course, the expenditure in some of those years was much more than double the average, and in other years less than one-half the average. In the year 1842 the gross traffic receipts amounted to 8-22 per cent, of the expenditure on EAI 247 BAI capital account, and thence they gradually rose to 9*14 per cent, in the year 1845. The per-centage of gross traffic receipts then declined until, in 1850, owing to the heavy expenditure in that and preceding years, the traffic receipts only amounted to 5 70 per cent, of the outlay. In 1851 the per-centage of traffic to capital increased, and continued to improve up to 1859, when the per- centage of gross traffic to the capital expended was 7 - 94 per cent. Another matter against dividends was the great increase in the working expenses, which, including rates and taxes, rose, in the course of 15 years, from 40 per cent to 48 per cent, of the gross receipts. From 1842 to 1845 the expenditure on capital account was £21,266,000; from 1845 to 1850 it amounted to £154,876,000 ; from 1850 to 1855, to £61,381,000 ; and from 1855 to 1859, about £30,316,000, showing of late years a considerable decrease in expenditure on capital account. In the year 1842 the traffic returns on 1630 miles in the United Kingdom amounted to £4,470,700 ; in 1843, on 1736 miles, to £5,022,650 ; in 1844, on 1950 miles, to £5,814,980 ; in 1845, on 2243 miles, to £6,909,270 ; in 1846, on 2840 miles, to £7,945,870 ; in 1847, on 3713 miles, to £9,277,671 ; in 1848, on 4626 miles, to £10,445,100; in 1849, on 5950 miles, to £11,683,800; in 1850, on 6733 miles, to £13,142,235 ; in 1851, on 6928 miles, to £14,987,310 ; in 1S52, on 7337 miles, to £15,543,610 ; in 1853, on 7774 miles, to £17,920,530 ; in 1854, on 8028 miles, to £20,000,520; in 1855, on 8240 miles, to £21,123,300; in 1856, on 8761 miles, to £22,995,500; in 1857, on 9171 miles, to £24,162,460; in 1858, on 9568 miles, to £23,763,764 ; and in 1859, on 9883 miles, to £25,576,100. Deducting 48 per cent, for working and other expenses, the traffic receipts of 1859 would admit of an average dividend on the total expen- diture equivalent to 4*13 per cent. The following statistics are compiled from a recent parliamentary return. The total amount of capital created up to the 31st December, 1858, appears to have been £325,375,507, and the various companies then possessed the power to raise £67,307,248 additional, making an aggregate of £392,682,755. The average rates of interest paid in 1858 were £3 Is 9d on the original shares, £4 lis 6d on preferential shares, and £4 7* lid on loans. Capital and Loans authorized by Acts of Parliament previous to the 31st of December, 1857. By Shares ..... £287,908,636 By Loans ----- 98,273,070 386,181,706 In the year 1358: — By Shares ... - - 5,253,792 By Loans . _ - 2,199,409 7,453,201 Total Capital and Loans authorized previous to the 31st of December, 1858 ..... £392,682,755 Amount ot the Share Capital actually paid up on the 31st December, 1858. Not receiving nor entitled to receive any Preferential Dividend or Interest --_.-. £181,837,781 Dividend on ordinary Share Capital - 6,161,099 Average Rate of Interest per cent, per annum, 3*388 - £3 7» 6d Receiving or entitled to receive Preferential Dividend or Interest - 61,854,547 Dividend or Interest thereon - 2,829,331 Average Rate of Interest per cent, per annum, 4-574 - - £4 11* dd Total Loan Debt of the Companies on the 31st of December, 1858 - 81,683,179 Amount of Interest payable thereon . - - - 3,591,148 Average Rate of Interest per cent, per annum, 4-396 - -£4 7* lid Total Amount which, at the end of 1858, the Companies had raised by Shares and Loans --.--_ 325,375,507 Total Amount which, at the end of 1858, the Companies retained the power to raise either by existing or by new Shares, or Loans - 67,307,248 Total Amount of Capital raised or authorized to be raised - 392,682,755 Amount expended in the Construction of Railway Works, £ Preliminary Expenses, 53 i J Si I la "32 2 ,fi "3 rS ^_ . £•& £3 H p. a CS." 4 x 2 SoS "2*» S ® 9 -s>~ (rf <» — srf af of — ' t^T ■£ S t$ — ' ■£ trf rf x* © '-^ c* ^ ^ — Mxes^sc- taaooo — « tC sf x tS rC ac" m' if — tjT x" x" r-^ o" i»f s( » i* » © 2J .NO-HO*oS'»o«ortiN*cifflfns «*cf *- o eoef « C5h- in o o «f o icsxo co © o *- © B0 9) 71 i ■>* CO ■a ai I I .IS X — ' 00 o — -v >o g~S 2 I PS — O » I « **« o -< x o© t © eo-»eo — • X GO IQ «fS O O ■«■_« 0C_O0 , , ©IS t- "«■ « i , , •" , -""eoeoaf ofefs* e roubles J 10,984 Miscellaneous Declared value of Ii 25,055,291 25,589,419 64,999,359 88,908,190 Riga is the main outlet and warehouse of what are commonly called the Baltic (East Sea) Provinces, viz. Livonia, Kurland, and Isthonia. It is built upon a sandy plain on the right shore of the Dwina, a broad and sluggish, shallow, intri- cate river. The population in 1858 was stated by our Consul to be about 80,000 persons. The produce shipped yearly is to the value of nearly £4,000,000 sterling. British interests have absorbed more than half of late years. In 1856 and 1857 the mean yearly value of exports to Great Britain was nearly £2,000,000 sterling, and exceeded the gross amount of the corresponding trade with all the other countries by more than £200,000 yearly. France has an increasing com- merce with the Baltic Provinces. America has since the late war instituted a small trade, the principal article being tobacco. The average value of the exports for the eight years ending 1853 was, to Great Britain £1,136,584; to all other countries, £1,117,417. The average of the two years following the war, (viz. 1856-57) was, to Great Britain £1,932,064; to all other countries, £1,706,514. The charges on shipping and merchandize are very heavy at Biga. The following are the principal mercantile charges a ship has to defray: — On cash advances Encashment of freight in - Commission on freight out Clearing the ship (according to size) from Custom House fees Church money - Stamps, &c per ton Poor money per cent on freight Bills on places removed from London Lighterage, if required, as paid. 2 per cent. 2 „ 2 8 to 30 silver roubles. 2 roub. 40 cop. 2 „ 70 „ „ 80 „ 4 per cent. 1 per cent, extra. Archangel. This town is situate on the right bank of the Northern Dwina, about 40 miles from the White Sea, and contains a population of 14,000. The river here is shallow, only allowing vessels drawing 8 to 9 feet to pass. The harbour for larger vessels is at Sollombol, 4 miles below the town, the village containing 8000 inhabitants. The import trade of Archangel is insignificant; in 1857 they were to the value of £56,898, of which £20,709 were from Great KITS 259 BUS Britain. The exports, however, are of considerable importance, being in the same year to the value of £1,348,650, of which £629,105 were shipped to Great Britain. The following figures give the average trade for five years to 1857, including the two years of war, 1854 and 1855: — Total average exports. Average shipments to Great Britain. Linseed - - qrs. 97,609 55,693 Wheat - „ 15,164 15,155 Eye - „ 208,254 5,047 Oats - ,, 204,012 203,070 Flax - tons 6,380 4,822 Flax tow - „ 4,626 3,396 Tallow - „ 224 146 Train oil - „ 610 37 Tar and pitch - brls. 99,550 88,114 Mats --- pieces 622,346 519,044 Deals standard dozen 42,383 40,567 Eye flour - - tons 5,626 none Ports on the Caspian. Steam boat companies have been established under imperial protection to navigate the Caspian and the rivers running into that sea. The company of the Caspian and Kurr have built steamers on a large scale near Astracan. The government building yards have been removed to the maritime fortress of Baku. In 1853, 169 vessels of 11,474 tons entered the Caspian, and 292 vessels of 29,224 tons cleared. Ports of the Black Sea and Sea of Azof. Odessa. The population of this city in 1857 was 107,370 inhabitants. It ceased to enjoy the right of a free port in August, 1857. The quarantine system has been abolished here. The neglected condition of the city and of its harbour, and the bad state of the roads leading to the interior, must ultimately affect (unless timely remedies are applied) the commerce it now enjoys, as the natural outlet of the great grain- growing provinces of Russia. The total value of exports from Odessa in 1857 amounted to £4,044,375, and the imports to £2,103,076, making a total foreign trade of £6,147,451. The shipments of wheat in 1853, the year before the war, reached 2,1 60,000 quarters, but in 1857 were only 654,707 quarters. Indian corn first came into notice as an export in 1844, when 19,161 chetwerts were sent abroad. In 1857 the exports had increased to 632,252 chetwerts, or 455,221 quarters, of the value of £603,039. In the year 1857, 1230 vessels entered Odessa, of a total tonnage of 246,704 tons, 494 of which brought cargoes of the value of £2,154,610. These included 261 British and Ionian vessels, 93 of which brought cargoes of the value of £1,330,769. Sea of Azof. Taganrog. During the year 1857, 857 vessels arrived at this port, of 232,965 aggregate tonnage. Of these 228 were British and Ionian, 21 bringing cargoes valued at £44,971. 863 vessels cleared, 820 taking cargoes valued at £2,680,650. Of these 227 were British and Ionian, 214 having cargoes valued at £1,033,950. JBerdiansk is a small town of about 8000 inhabitants, situated in lat. 46° 50' N., and long. 36° 50' E., at the extremity of a bay. There is a safe anchorage for any amount of shipping for about 8 miles in every direction, with a depth of 16 to 20 feet water within half a mile of the shore. The average yearly amount of British vessels loading in this port is 25, consisting of 7500 tons, and taking cargoes valued at about £50,000. The average annual amount of vessels of all nations loading in this port is 255, measuring 64,117 tons, and taking cargoes valued at about £589,829. The want of steam tugs in the Straits of Kertch is much felt, particularly by vessels bound up, a detention of 15 days often taking place, and in the autumn this delay frequently obliges a vessel to return to Kertch for the winter, thereby entailing heavy expenses on the owner. The chief exports in 1857 were 846,280 quarters of wheat; 45,028 ditto of BUS 2G0 SAG linseed; 42,568 cwt. of tallow; 1,539,072 lbs. of wool, and 3,373,596 lbs. of hides. Mariapol. In 1857, 97 vessels, of 27,961 tons, entered here, of which 5 of 1498 tons were British, and 2 of 784 tons, Ionian. The imports amounted to £3467, and the exports to £200,270. The chief shipments were 77,855 quar- ters of wheat, 16,143 of linseed, and 5554 of rapeseed. Yeisk. The exports of this new and rising place in 1857, amounted to £80,188; the chief being 13,605 quarters of wheat, and 587,952 lbs. of washed wool. 19 vessels, of 5057 tons entered; 3 of which of 943 tons were British, and 3 of 578 tons, Ionian. Kertch. During 1857, 38 vessels, of 5595 tons entered this port, of which 7 of 1705 tons, were British, and 2 of 347 tons, Ionian. And in all, 1099 vessels, of 273,952 tons reported for the Azof, of which 155 were British, and 60 Ionian. The imports for the year were valued at £12,431, the exports at £66,415. The principal articles were wheat, 14,512 quarters; caviar, 224,568 lbs.; and hides, 102,924 lbs. Theodosia. Though enjoying "a fine harbour and a mild and healthy climate, this port has hitherto had but little commerce. It has recently, however, been made the military port of embarkation for the Caucasus, and has been selected as the terminus of the Grand Trunk Railway to Moscow. The completion of this great work and the emancipation of the serfs, who will be free in a few years to select the most profitable sphere for their labour, together with the natural advantages of Theodosia, will render it the chief city of Southern Russia. The foreign exports at present only amount to £3846, and the imports to about £8000. 51 vessels entered in 1857, of which 4 were Bri- tish, and 1 Ionian, and 75 Russian coasters, with goods to the value of £39,635. The trade of Eupatoria, Balaclava, and Sevastapol is at present on a very re- stricted scale. , Russian Finances. The revenue of the empire in 1852 was stated at £43,616,400, and the expenditure about the same; the public debt then stood at £63,185,308. On the 1st January, 1859, it had been increased to £81,260,692. But the largest item of outstanding Russian public securities, are £102,000,000 of credit notes, a kind of paper money payable on presentation, which circulate without interest, and are nominally guaranteed by the reserve of precious metals deposited in the fortress of St. Petersburg. Treasury bills are also issued from time to time, according to the necessities of the State, bearing 4| per cent, interest, and payable at eight years date; these are issued in series of three millions of silver roubles. In 1854, there were 27 series of them in circulation for 81 millions of roubles, but we have no information as to the number issued since, nor what proportion has been paid off. SADDLERY and HARNESS. The average annual exports of these articles now amount to about £300,000 in value; the largest quantities are sent to Aus- tralia, India, and South Africa. SAFFLOWER. The imports of this dye-stuff now amount to about 12,000 cwt., of the value of £108,000. It is nearly all received from India, and con- sumed here. The seeds yielding an abundance of fixed oil are also imported for crushing; the oil makes excellent soap. SAFFRON, is used as a colouring principle, and an ingredient in several culinary preparations. In 1855, the imports were but 11,000 lbs., it has lately been in greater request, and in 1858 we received about 32,000 lbs., valued at £42,000. The French saffron is esteemed the best, but the largest quantity imported comes from Syria and Palestine. SAGO. The imports of this granulated starch have increased year by year, especially since the reduction of the duty to the nominal amount of 4£r/ per cent, in June, 1853. In 1855 our imports for home consumption were 5420 tons, and in 1858, 6943 tons. Of the 172,513 cwts., valued at £149,352 received in 1858, 135,125 cwts. came from Singapore, 24,647 cwts. from Borneo, and 8679 cwts. from other islands of the Eastern Archipelago. SAI 261 SAL SAIL-CLOTH. In 1858, 3,629,339 yards of sail-cloth, valued at £156,882, and sails to the value of £3662 were exported. SALMON. The maximum weight of salmon caught during any one season in the kingdom has been estimated in the aggregate at 4000 tons weight, value £336,000, being sold at an average of £84 per ton, or 9d per lb. ; of which upwards of 2000 tons are disposed of at Billingsgate. SALT. Enormous quantities of this mineral are needed for the use of man and the domestic animals. Some years ago an investigation was made to ascer- tain as accurately as possible the amount of salt manufactured in Europe. From a careful examination of the most accurate returns, Prof. Jameson and Sir David Brewster considered the European salt mines and salt springs afforded annually 1£ million to 1£ million tons of salt. In Russia the annual average from 1840 to 1850 was 9,675,000 cwts., and the annual consumption 11,1717,86 cwts. The internal consumption of France was then rather more than 200,000 tons, that of England 240,000. The estimated quantity of salt manufactured in the United States per annum, is as follows : Bushels. Massachusetts (mostly in vats built along the sea shore) - - 46,000 New York (Ouondago County) about - 6,000,000 Pennsylvania (Alleghany and Kiskiminetas Rivers) - - 900,000 Virginia (Kanawha and King's Works) - 3,500,000 Kentucky (Goose Creek) - 250,000 Ohio (Muskingum, Hocking River) .... 500,000 Ohio ( Pomeroy and West Columbia) .... 1,000,000 Illinois - ----- 50,000 Blichigan - ----- 10,000 Texas ------- 20,000 Florida ------- 100,000 Total - 12,376,000 Besides the home-made salt, about 14,000,000 bushels are imported. The amount of salt consumed in the United States is calculated to be about 60 lbs. to each inhabitant; in France, 21£ lbs.; in Great Britain, 25 lbs.; in Bengal it is 13 lbs. per head, in Bombay, 26 lbs., and in Madras, 18 lbs. per head. In 1856, Mr. Robert Hunt estimated the make of salt in the United Kingdom at 1,657,613 tons, of which 1,451,350 tons were produced in Cheshire, 190,000 tons at Stoke and Droitwich in Worcestershire, and 16,263 tons at Duncrue, near Carrickfergus. The production in most places is increasing. There are upwards of one million feet of pannage contained in the salt works of the king- dom, and the rock mines are about 20 in number. In Cheshire the quantity of salt produced is about 1,000,000 tons per annum. There are 30 brine shafts in the district, and the same number of rock salt mines in operation; these give occupation in one way or other to about 5000 people, and altogether there is a population of from 25^000 to 30,000 depending upon the trade for their support. The sloops and barges which ply on the Weaver earning away salt and bringing back coals, number about 500. About 5,000,000 tons of brine per annum are pumped from the springs. A few years ago a false panic was created that the brine springs in Cheshire were failing, but closer investigation showed that there was rock salt under an area of eight square miles in North wich and Winsford, with a depth of 100 yards of pure fossil salt. This would yield 640 millions tons of salt per square mile, equal to a supply of one'million tons per annum (the present rate) for a period of 5000 years. Still this would require a considerable outlay of capital in the altera- tion, reconstruction and removal of works to adapt them to the new state of things. For rock salt has to be converted into artificial brine by dissolving it, before the pure salt can be obtained, and the cost of the commodity would be enhanced to the consumer very materially. The effect of such a change would be to raise the price of common salt from 6s or 7* to at least 10* per ton; butter salt from 8* to 12*, or 14«; while stove salt of various kinds now sold at 10* or 12j a ton, could not be produced for less than 16s to 18* a ton. SAL 262 SAN In the eight years ending with 1859, the exports of salt from the United Kingdom averaged 19,622,000 bushels yearly; since that period the quantity has been given in the official returns in tons, and the average shipments of the four- years, 1856-59 was 636,244 tons. About 40 bushels of salt go to the ton. 80,000 tons of rock salt are exported annually, chiefly to Prussia, to avoid the duty on manufactured salt. Salt is taxed in nearly every country in Europe, and even elsewhere, since the State of New York derives about 33,000 dollars per annum from that source. In most countries the tax exists under the form of a monopoly. British India furnishes a remarkable example, drawing a revenue of about £2,000,000 from it. In Austria this monopoly only extends to the right of working all the salt mines or ponds within the realm, but the retailing of the salt is left to private enter- prise. In 1855 the net produce of the monopoly was nearly £3,000,000. Saxony gets all her salt from Prussia under a treaty. Before 1840 every Saxon tax- payer was bound to take a certain quantity per annum. From 1849 to 1851 the net revenue from this source amounted in Saxony to £68,000. In Spain, the State in 1850 sold 1,730,944 fanegasof salt (the fanega is about 3£ bushels), making about 14lb. per head, exclusive of 208,937 fanegas for cattle. The total gross revenue is about 95,000,000 reals (the real is 2\d). The saltworks of Bavaria yield a net revenue of about £210,000, including that derived from salt for manure. In Hanover, salt for manufactures and agriculture only is free. In Tuscany the salt monopoly yielded a revenue in 1858 of £152,033. SANDWICH ISLANDS. The number of vessels that entered at the port of Honolulu in 1857 was 75, measuring 24,200 tons. The imports average £300,000, and the exports £120,000, the customs' receipts £31,000. The value of the domestic produce exported in 1857 was 423,304 dollars, of foreign produce 222,223 dollars. The number of entries of whalers was 387: 16,144 gallons of spirits were consumed; 170,306 gallons of sperm oil, 2,018,027 gallons of whale oil, and 1,295,525 lbs. of whale bone, were transhipped here from the whalers. SAN SALVADOR. The trade of this Republic shows a steady increase in the last few years. In 1858 the entries of vessels were 156 of 55,163 tons, of which 31 of 8,732 tons were British. The largest trade is earned on with the United States. The exports in 1857 were valued at £260,820, and consisted of 7450 serons of indigo, 1813 serons of tobacco, 2082 mille of cigars, 7890 lbs. of balsam of Peru, 27,824 hides, 389 marks of silver, 12,225 quintals of sugar, and 3486 quintals of rice. The value of the imports in 1859 was £261,275, and of the exports £398,330. The revenue of this State in 1858 amounted to 725,978 dollars, derived from, Customs 244,192 dollars, spirits 157,513 dollars, and miscellaneous sources 324,273 dollars. The expenditure was 630,794 dollars, leaving a surplus of 95,184 dollars. The public debt on the 30th September, 1858, stood at 341,090 dollars, 1st, 2nd, and 3rd class bonds, and these were redeemed in the year by bills amounting to 194,911 dollars. This rapid growth in the commerce of the State may be mainly attributed to the opening of the resources of the country by the line of steamers connecting it with Panama, and the more immediate contact into which foreigners have been consequently brought with that portion of the Continent, which for want of pro- per facilities for communication had hitherto been almost entirely isolated from the rest of the world. The great progress in the value of the exports is owing to the increasing attention now being paid to agriculture. Coffee, rice, and cochineal are attracting the attention of the producers; and with a large labouring population, and a soil and climate suited for the produc- tion of these articles, it is evident that in a few years Salvador will be ranked amongst the most productive countries on the Pacific coast. The import duties on foreign goods are 20 per cent., paid as follows — 8 per cent, in cash, 6 per cent, in Government drafts, and 6 per cent, bondf, first and second class. SAN 2G3 SAX The exports are free with a few exceptions: a small permit duty is levied on each seron of indigo. Salvador is eminently adapted for agricultural pursuits. Possessing a tem- perate climate, rich and varied soil, magnificent plains watered by innumerable streams, and mountains of gradual declivity covered to their summits with the most luxuriant vegetation, it presents a fieldfor every description of cultivation. The low lands yield the products of tropical climates, and the high lands the grains and fruits of northern climates. Notwithstanding the unsettled state of affairs in Central America for some years, and the active part taken by Salvador in the war in Nicaragua, the trade of the country has made fair progress. The increase in the imports may be attributed, in part, to the lowness of the duties in comparison with those of Guatemala, a circumstance which has induced the merchants of the latter to disembark at Acajutla and La Union a considerable portion of their cargoes. A quantity of these goods, it is well known, is con- stantly smuggled over the frontiers. SARDINIA. This kingdom now includes not only the island of that name, but Sicily which was annexed to it by conquest in 1860, and several important Continental States, as Sardinia, Piedmont, Genoa and Tuscany, the Emilia, Naples, and other Italian Provinces. Of the large present debt owing by Sardinia, about £8,000,000 have been expended on railways, which are producing a fair rate of interest; another £8,000,000 were spent in various ways during the war with Austria; £2,000,000 were absorbed in the expedition to the Crimea, while very large sums have been incurred in the Italian war. A guaranteed loan of £2,000,000 was made to Sardinia by Great Britain in 1855 and 56. The population of this kingdom in 1858, exclusive of its recent acquisitions of territory, comprised 5,194,807 in- habitants. The revenue and expenditure of this kingdom in the four vears ending with 1857 averaged £5,500,000. The public debt on 1st Jan. 1858 was £27,080,809. The number of merchant vessels owned in 1854 was 3174, of 177,852 tons. The entries and clearances 3720 vessels and 500,000 tons. About 230 British ships enter the ports. The value of the imports in 1857 was £16,000,000, of which two-thirds was entered for consumption. The exports in 1 856 were of the value of £12,523,000, of which £7,720,710 were Sardinian produce, and in 1857, £14,605,000. Into the island of Sardinia the imports in the same year were to the value of £587,815, and the exports £460,070. The vessels that entered at Cagliari were 707 of 114,112 tons, of which 54 vessels and 14,097 tons were British. SAXONY. The population of this kingdom in 1858 was 2,122,148 inhabi- tants. The capital, Dresden, had, including the military, 117,750; Leipsic, 74,209 souls. Mining is an old and important branch of industry in the kingdom. The districts into which the mines are officially divided are, Altenberg, Frieberg, Marienberg, and Schwarzenberg, all situate in the Erz-gebrige, or ore mountains. Altenberg chiefly produces tin; Frieberg is the seat of the silver mines; Marien- berg, tin and silver; and Schwarzenberg, coal, iron and cobalt. The value realized by mining in these districts in 1856 was £266,806; the produce of the silver furnaces, £354,557 ; and of the coal, £340,000. The number of mines of all kinds worked was 416, employing 12,581 hands; at the furnaces, in. smelting, 1045. The trade of Leipsic as reported by the British Consul shows that in 1858 385,438 centners in weight of German manufactures, valued at £11,690,817, were brought on sale, and 168,631 centners or cwt. of foreign manufactures, valued at £3,838,020, of which 139,948 centners, valued at £2,115,788 were British manufactures. The live stock in the kingdom in 1850 comprised 88,242 horses, 610,557 cattle, 547,334 sheep, 208,983 swine, and 86,547 goats; Th e re nem 722, distilleries at work in 1851, which made 3,214,020 gallons of spirits, chiefly dis- tilled from potatoes, and 766 breweries, where 25,365,000 gallons of beer were made in the year. SEA 264 SHE The receipts and expenses of the kingdom were fixed by resolution of the Diet extraordinary for 1859 at 11,203,540 thalers. The public debt on the close of 1858 stood at 60,729,552 thalers. SEALS. The seal fishery is now the most profitable branch of trade in the colony of Newfoundland. Twenty-five years since, about 50 vessels of 50 or 60 tons each, were engaged in it; in 1852 it employed 367 vessels of 35,760 tons aggregate tonnage, and 13,000 men. The vessels are from 75 to 200 tons, but those of 130 tons, which carry crews of 40 or 50 men, are preferred. The voyage is begun early in March, rarely exceeds two months, and is often completed in three weeks. Two and three voyages are sometimes made in one season. The species of seal which chiefly resort to the Newfoundland coast are the Hood seal {Stemmatopus cristatus) and the Harp seal (Phoca Groenlandica and oceanica.} They whelp their young in January and February on the ice fields of Labrador. The whelping ice, as it is called, is floated southwards by the ocean currents, and is always to be found on the coast of Newfoundland after the middle of March. The total number of seals cut up for oil rendering in Newfoundland was in 1857 - - 530,733 } 1859 - - 396,303 1858 - - 398,166 | 1860 - - 330,319 The weight of the carcases in the last two years averaged 1 12,000 cwt. The yield of oil is about 1 1 gallons per cwt. The exports of seal oil from New- foundland during the five years ending in 1850 averaged 4291 tuns for each year, and for the five years ending 1855, 6353 tuns annually. In 1850 the average number of seal skins exported from the island was stated at 511,630, valued at £76,596, and the seal oil at 6200 tuns, of the value of £180,000. In 1857, 496,113 seal skins were exported, of the value of £99,217, and 7115 tons of seal oil, valued at £265,131. The imports of seal skins into the United Kingdom from Newfoundland and Labrador in the five years ending 1858 averaged about 400,000. The annual number of seals taken on the Labrador shore is 7000 or 8000. The vessels employed in the eastern Greenland seal fishery are of various sizes, from 130 to 550 tons. The largest vessels carry from 60 to 70 hands, the smallest 35 to 40. The average quantity of oil to 1000 seals is allowed to be 1 tuns. The total quantity of seals taken by British vessels fitted out from the northern ports of the kingdom for Greenland and Davis' Straits in the eleven years ending with 1859 was 1,035,846. Seal skins have varied in price, according to size, from 4* to 9s; seal oil from £30 to £32. 10s. Although fish oils are being supplanted by vegetable oils for burning purposes, the prospect of in- creased trade with France, and the falling off in the American fisheries, give hope of better prices and improved demand. SHEEP. The rearing of sheep in the United Kingdom and many of her Colonies occupies a large share of attention. According to the agricultural re- turns there were in Scotland in 1857 about 6,000,000 sheep; in Ireland in 1858, 3,500,000; England and Wales have probably about 28,500,000 sheep, which would bring the total number in the United Kingdom up to 38,000,000. But wc may safely take the whole number in the United Kingdom at 40 millions. Averaging these at 30s per head, we have an aggregate value of £60,000,0CO for the sheep stock of the British islands. Assuming one-fourth of these to be slaughtered annually, and their average weight to be 80 lbs., this gives a yearly supply of 800 million pounds of mutton for our population, w r orth probably £20,000,000 sterling. About 4,000,000 sheep and lambs are required annually for the supply of London, of which more than half are sent up to market slaughtered. We only commenced to import sheep from abroad in July 1842, when 650 head came in upon the repeal of the prohibition. The number of sheep and lambs imported in 1859 was 250,580; and the average of the ten years was 200,000 head. Jn the Australian Colonies and New Zealand there were in the year 1857 SHE 2G5 SHI about 18,000,000 sheep, of which New South Wales had 8,000,000, Victoria 5,000,000, South Australia 2,000,000, Tasmania 1,600,000, New Zealand 1,000,000, and West Australia a few hundred. The Cape Colony has about 6,500,000 sheep. On the Continent, Russia has upwards of 50,000,000 head, France 36,000,000, Austria 17,500,000, and Prussia 16,000,000. The United States had in 1855, 23,500,000 head. SHIPPING. The following series of tables will serve to indicate the progress of the shipping trade of the United Kingdom, by comparison with those for 1840, given at page 613. The registered shipping has increased from 3,31 1,538 tons in 1840 to 5,609,623 tons in 1858. On the 1st January, 1850, the new Navigation Laws came into operation, by which Foreign shipping were admitted to participate in the carrying trade of the country, and the following shows the general progress made since : — Entries of Tonnage with Cargoes at Ports in the United Kingdom. 1849. 1859. Colonial Trade - - ] Foreign Trade - - ) Coasting Trade 6,919,900 11,967,473 2,272, 9C6 6,816,584 16,532,117 18,887,373 25,621,667 Clearances of Tonnage with Cargoes from Ports in the United Kingdom. 1849. 1859. Colonial Trade - - ] Foreign Trade - - ] Coasting Trade 7,084,488 12,915,584 2,201,629 8,040,995 16,509,471 20,000,072 26,752,095 The following table shows the movements of Shipping in Ports of the United Kingdom, comparing the British with the Foreign tonnage, and includes vessels both with cargoes and in ballast, except 1859, which are laden vessels only : — 1842 TOh NAGE INWABDS. Tonnage Odtwaeds. British. Foreign. Total. British. Foreign. TotaL 3,234,725 1,205.303 4,500,028 3,375,270 1,252,176 4,627,446 1843 3.545,346 1,301,950 4,847.2% 3,635,833 1,341,433 4,977,266 1844 3,647,463 1,402,138 5,049,601 3,852,822 1,444,346 5,297,168 1845 4,310,639 1,735,079 6,045,718 4.235,451 1,796,136 6,031,587 1846 4,294,733 1,806,282 6,101,015 4,393,415 1,921,156 6,314,571 1847 4,942,094 2,253,939 7,196,033 4,770,370 2,312,793 7,083,163 1848 4,565.533 1,960,412 6,525,946 4,724,027 2,056,654 6,780,681 1849 4,884,210 2,035,690 6,919,900 4,785,428 2,299,060 6,994,488 1850 4,700,199 2,400,277 7,100.476 4,742,345 2,662,243 7,404,588 1851 4,938,386 2,933,708 7,872,094 4,882,490 3,225,614 8,108,104 1852 4,934,863 2,952,584 7,887.4 47 4,459,321 2,413,260 6,872,581 1853 5,055.343 3,887,763 8,946,106 4,551,498 4,234,124 9,447,104 MM 5,374 531 3,786,815 9,161,366 4,683,754 4,137,423 9,507,721 1855 5,270,792 3,680,447 8,951,239 5,036,926 3,889,227 9,538,231 1856 6,390,715 4,162,419 10,553.134 5,883,861 4,480,859 11,035.915 1857 6,853,705 4,621,494 11,475,199 6,204,198 4,136,201 10,340,399 1858 6,439,201 4,522,499 10,961,700 5,873,986 4,062,719 9,936,705 1859 5,388,953 3,700,597 9,089,550 6,224,318 4,018,306 10,242,624 SHI 2G6 SHI The Foreign shipping engaged in the carrying trade with the United Kingdom before the alteration of the Navigation Laws, compared with 1859, were re- spectively as follows : — 1849. 1859. Entries - Clearances Vessels. 10,578 9,946 Tons. 1,680,894 1,667,726 Vessels. 16,835 19,812 Tons. 3,772,151 4,083,988 20,524 3,348,620 36,647 7,856,139 In 1842 the shipping registered as belonging to the United Kingdom and the Colonies numbered 30,815 vessels, measuring 3,619,850 tons, and employing 214,609 seamen. In 1859 the shipping belonging to Great Britain and her Colonies, exclusive of India, for which there are no returns, numbered 38,200 vessels, registering 5,660,402 tons, and employing 291,431 men, exclusive of masters, so that in eighteen years we have increased our mercantile marine by 7385 ships, and more than two million tons. The proportionate average tonnage at present shows a much larger class of vessel in use now than fifteen or twenty years ago. Great Britain owns one-third of the tonnage of the world, and is year by year increasing her superiority and adding first-class ships to her mercantile navy. In estimating the extent of British shipping we must not overlook the rapid strides our Colonial marine is making, which forms a most important item in our shipping returns, adding fully one-eighth to the general tonnage. In our Australian settlements, in India, and in the British North American Provinces, the mercantile shipping and colonial steam marine forms a very considerable item in our commerce, carrying trade and national wealth. The aggregate tonnage owned by the Colonies in 1850 and 1859 was as follows: — 1850. 1859. European Settlements - African Settlements Australasian Settlements British American do. West Indies - East Indies - - - - Ships. 177 213 779 5582 724 829 Tonnage. 25,970 15,002 56,836 448,339 19,926 101,756 Ships. 186 297 1479 6779 675 no ret Tonnage. 31,680 27,704 147,156 600,224 22,595 urns. 8304 667,829 9416 829,359 SHI 267 SHI g >.o eo J^ 00 cm ■3 00 | a ft 2 ■ g W g m i H j >. \ 1 M «H t— 3 »«"< as g«5 eo CO e 6 ao •"■< £ m o a CM ao — J5 © © CO - H q -- ^ c- — X d •COM ■* S « cm cm H 1 ■9 cm©sm I" c ■» 1 £ © N © O © 8 © ■1 >a a 1 ■Q jl o a 5 00 00 -v o n ■ § & > 3 3 IS s CO 3 OS © © CM § M CQ | i 5J 00 "W 1 c: ■ a a — i«S -— 3 N © N o ■ 00 g § 8 5 CO z i« M K I no 09 ■*© — ■>» •-• — 00 CM CM 9 — K H ► CM « - AS 1 1 t §•3 1 1 ill H PS o 1 — f ~ so c — ti — t- cm co^io ->r © r~ ^~ cm oo t^.-* •* «fwo"© eo ~""eo'©*©" ©"— 'eo x'©"i-h"© tC^cf-H e» -MKOO 1"rt © — 00 SO -« — <-l CM -* ac O UN CM I— J CO uO © n. © © uO O * O - n x DO'Jt»«Hin^ioriOci»' ■<-* cm' co-*' •«'©'— 'cm* «*o'©©'i«'*f©'©'©~©*#eo oosiMN-i./! © eoeo «Q eg © © **-cn, CO — 288281 ac«-^eajcoj rr"-^"-^"co"tC: ■3 a *. c x Si Si CO CM i © si • lO CO X © < CO SI I i.1 K9 ■ **© ©CM iC xd^^of»as! CO pH 00 CM — TT 'W I 00 H I S IS '- © «f ci T OCSINX — r |B CO E? -r 55 5 i '©■» i •-o eo ci © ~ — n t- © eo ea © © © «jo iseiv»»i9j» ©'©"cf xT©"*? tani ' oissTni^od Vo'tf"* > " -xtoh r N» TTW-ffC-rm-i CO — !T 13 t X "J 5 N ft C l» rt - 'VNNCJCtOCS-L-r, i«COO'OHf = OiS(NN irtSNWNV J O S N ■» < x'o eo efi-o" t-*c^ Tic'ro'to'i-o'o' o'eT ' n ci --:■?* ■ S. t O'-OMO-r cm — x x x 0©^r«0©XSMCOXCMCM m' ^r x" s~ e> co cr? n-" x* © n* r-T —' crT eo' eo' © ^* — * co' ©' >et eo © -r t»> x — © cm x x ■<• © — «o cm — cm m x ©•V-Hp-l -• —CM ^^^i^J*, SHI 2G8 SHI Account of the Tonnage of Shipping Registered at each of the Ports of the United Kingdom, including the Channel Islands, on December 31, 1858. Sailing Vessels. Steam Vessels. Under 50 Tons. Above 50 Tons- Tonnage. Tons. Tons. 4,281 21,089 1,193 6,832 32 1,603 2,988 — 4,584 13,671 — 517 2,173 — 1,909 8,311 74 3,488 3,280 18 2,865 13,751 21 25 1,254 — 5,285 68,985 4,769 5,836 28,831 99 606 13,183 387 3,692 7,170 — 511 1,228 447 1,137 1,115 185 2,331 4,130 2,208 3,830 11,455 23 3,673 4,689 76 5,241 33,984 164 301 — — 966 2,612 133 768 19,797 87 1,424 11,485 32 5,109 13,812 9 1,155 7,013 968 155 2,292 — 1,521 12,073 126 389 226 375 7,355 8,754 34 9,003 23,589 1,120 3,212 2,266 2,991 225 38,198 3,867 2,045 5,419 — 11,252 41,281 18,364 1,909 13,777 262 1,325 10,403 825 9,275 882,074 62,606 1,239 4,727 36 2,287 4,096 926 111 1,907 — 2,275 14,003 13 2,741 5,967 — 384 17,409 65 2,407 10,087 — 3,428 121,088 10,178 209 2,769 — 677 12,373 327 2,482 9,998 — 526 6,823 — 6,656 40,302 824 983 14,446 22 4,258 11,783 284 3,006 2,947 439 1,666 3,104 10 11,846 8,083 186 1,486 5,266 21 1,150 12,445 711 2,789 35,230 117 458 6,784 67 685 263,177 2,634 857 16,471 31 3,877 14,371 4,071 344 26,000 3,409 3,268 223,060 7,539 1,553 15,187 791 239 7,157 19 England: Aberystwith Arundel - Barnstaple Beaumaris Berwick - Bideford - Boston Bridgwater Bridport - Bristol Caernarvon Cardiff - Cardigan - Carlisle - Chepstow Chester - Colchester Cowes Dartmouth Deal Dover Exeter Falmouth - Faversham Fleetwood Folkestone Fowey Gainsborough Gloucester Goole Grimsby - Hartlepool Harwich - Hull Ipswich - Lancaster Liverpool Llanelly - Lowestoft Lyme Lynn Maldon - Maryport - Milford - Newcastle Newhaven Newport - Padstow - Penzance - Plymouth Poole Portsmouth Preston - Ramsgate - Rochester Rye Saint Ives Scarborough Scilly Shields - Shoreham - Southampton Stockton - Sunderland Swansea - Teignmouth SHI 269 SHI PORTS. Sailing Vessels. Steam Vessels. Under 50 Tons. Above 50 Tons. Tonnage. Tons. Tons. E M gland — con tin ued. Truro ... 367 6,248 — Wells - 2,286 7,727 29 Weymouth 616 7,510 412 Whitby - 1,928 72,459 60 Whitehaven 141 27,358 564 Wisbeach 716 9,895 1,089 Woodbridge 1,106 2,491 — Workington 125 20,211 17 Yarmouth 11,238 27,187 647 London - Total, England 22,379 688,485 195,265 214,785 3,129,821 530,560 SCOTLAND : Aberdeen - 418 68,731 4,065 Avr - 486 4,081 267 Alloa - 807 15,010 232 Arbroath - 608 13,311 Banff - 1,160 14,340 «_ Borrowstoness 607 4,964 53 Campbeltown 1,406 856 384 Dumfries - 1,899 13,554 85 Dundee - 549 48,307 2,344 Glasgow - 4,676 164,787 59,410 Grangemouth 365 7,179 1,498 Greenock - 5,884 78,627 14 Inverness - 4,005 8,999 5,774 Irvine - 1,225 18,391 293 Kirkaldy ... 1,457 5,989 228 Kirkwall - 621 2,334 26 Leith - 2,083 19,438 7,869 Lerwick - 1,296 737 — Montrose - 276 16,219 Perth - 197 4,106 393 Peterhead 364 12,501 327 Port Glasgow 1,438 2,962 502 Stornoway 797 2,452 — Stranraer - 843 353 _ Wick - 758 2,779 188 Wigtown - Total, Scotland 1,371 1,226 316 35,596 532,233 87,268 Ireland: Ballina ... 36 236 37 Belfast - 5.5S5 69,499 3,114 Coleraine . - - 160 — _ Cork - - - 4,263 42,423 5,940 Drogheda 115 4,646 1,328 Dublin - 9,156 28,196 10,031 Dundalk ... 144 1,861 1,545 Galway - . - 398 986 — Limerick - 829 5,556 1,673 Londonderry 184 5,899 2,167 Newry - 2,246 3,543 406 Ross - 61 4,173 — Skibbereen 2,093 51 — Sligo - 292 4,232 269 Strangford 913 2,899 — Tralee ... 351 82 Waterford 1,417 12,808 8,893 Westport - 90 — — Wexford - Total, Ireland - 954 8,034 223 29,287 195,124 35,606 Isle of Man 7,157 3,277 1,193 Channel Islands - 5,599 52,391 228 SHI 270 SHI Tonnage of Vessels employed in the Fobeign and Colonial Trade of the United Kingdom (including their repeated Voyages), separating British from Foreign Vessels, also Steam from Sailing Vessels, and distinguish- ing the Trade with each Country, in the Year 1858. Countries. Russia Sweden Norway Denmark « Prussia Germany Holland Belgium Channel Islands France Portugal - Spain Gibraltar Italian States - Malta Ionian Islands Greece Turkey Wallachia and Moldavia Syria * Africa Asia British North American Colonies British West Indies Foreign West Indies United States Central and Southern States Falkland Islands The Whale Fisheries Total - ( Steam ( Sailing ! Steam Sailing ! Steam Sailing {Steam Sailing ( Steam ( Sailing {Steam Sailing ( Steam ( Sailing (Steam Sailing (Steam Sailing (Sailing < Steam [ Sailing ! Steam Sailing {Steam Sailing (Steam (Sailing ! Steam Sailing ! Steam Sailing {Steam Sailing ( Sailing ( Steam ( Sailing ! Steam Sailing ( Steam ( Sailing C Steam \ Sailing ( Steam I Sailing \ Steam ( Sailing ! Steam Sailing I Steam (Sailing ( Steam \ Sailing ( Steam [ Sailing {Steam Sailing Inwards. British. Tons. 82,037 326,269 19,568 35,989 3,210 4,397 61,272 26,051 41,411 103,146 205,674 312,782 272,507 266,827 116,025 98,824 85,403 119,002 455,175 504,336 27,785 70,504 17,456 123,717 17,124 8,165 53,691 85,894 425 6,390 711 5,780 18,249 11,313 37,006 42,475 333 36,198 3,266 4,127 93,357 194,0s3 33,064 687,663 18,071 699,414 225,145 51,357 57,522 136,729 154,026 20,052 341,068 685 1,823 14,328 6,139,204 Foreign. Tons. 9,955 6,949 215,295 9,232 259,862 2,971 156,661 19,554 289,420 172,670 248,201 78,773 223,725 26,375 103,550 39,285 473,636 21,189 21,064 58,554 4,991 69,552 1,455 502 750 34,795 64,879 3,257 800 76,120 90,897 182,283 16,298 559 87,356 2,237 915,284 1,925 139,794 Outwards. British. Foreign. Tons. 90,938 222,082 18,151 28,803 4,039 8,956 37,659 59,504 44,776 109,435 202,085 289,808 231,177 243,876 ,117,033 70,721 86,988 67,141 458,312 545,901 36,059 66,378 18,122 205,159 25,380 30,986 55,110 142,293 32,489 45,234 2,093 10,894 3,292 9,274 29,271 56,267 115 6,565 1,513 5,345 78,022 211.213 29,208 885,212 17,315 587,615 1,127 204,583 47,313 69,670 139,095 172,877 20,677 253,114 1,505 14,404 6,452,204 Tons. 11,214 814,945 6,093 161,701 11,886 344,157 5,110 454,137 21,832 314,807 149,975 227,193 78,881 46,791 26,619 25,574 174 25,178 388,146 358 50,489 25,305 124,767 627 11,787 739 242,114 41,904 12,616 666 18,963 1,942 98,613 4,301 1,470 613 80,808 275,795 54,355 17,742 1,118 140,369 43,319 1,051,713 153 108,809 4,896,077 SHI 271 SHI Colonial Shipping Movements in the Year 1857. TONNAGE. Entered. Cleared. POSSESSIONS. From To TotaL United Kingdom. TotaL United Kingdom. Tons. Tons. Tons. Tons. East ladies 2,206,932 529.258 2,342,348 629,305 North America: — Canada 748,425* 477,263 731,367* 683,681 New Brunswick 587,595 94,387 659.277 388,421 Nova Scotiat 487,615 64,839 501,869 45,971 Prince Edward's Island - 62,560 No return. 75,336 No Return. Newfoundland - 203,162 49,220 182,045 28,767 Bermuda 43,056 5,215 42,994 8,255 Honduras 28,227 6,835 31,827 18,304 West Indies :— Bahamas 37,559 4,834 34,452 5,098 Jamaica 94,878 43,604 92.103 43,580 Virgin Islands - 3,800 — 4,864 — St Christopher 21,008 5,327 20,616 5,590 Nevis - 8,802 1,624 8,860 1,514 Antigua 37,064 10,074 37,303 11,834 Montserrat 6,516 — 6.492 — Dominica 9,274 1,721 8,754 2,958 St. Lucia 9,291 2,365 9,360 2,975 St. Vincent 20,476 6,670 20,335 8,036 Barbados 96,233 30,342 105,563 30,193 Grenada 18,829 7,709 18,218 5,819 Tobago 6,153 2,966 5,359 2,836 Trinidad 78,710 21,329 75,111 25,619 British Guiana - No Return. No Return. No Return. No Return. Falkland Islands - 18,415 6,471 Ditto. Ditto. Australia: — New South "Wales 351,413 113,436 377,147 33.060 Victoria 694,564 290,680 684,526 64,717 South Australia 145,567 39,808 146,770 9,580 Western Australia 59,822 5,520 59,452 641 Tasmania 164,008 22,128 167,058 6,742 New Zealand - 78,309 No Return. 76,524 No Return. Hong Kong 541,063 18,416 No Return. Ditto. Labuan - 11,328 — 9,167 — Ceylon ... 444,781 63,353 431,782 40,385 Mauritius 271,994 40,317 261,356 61,304 Natal - 8,117 3,161 7,973 328 Cape of Good Hope 382,112 158,560 362,890 85.954 St. Helena 175,236 4,255 21,062 15,700 Gold Coast 107,701 47,C68 107,701 — Sierra Leone 51,792 21632 51,527 15,603 Gambia 32,894 6,470 33,433 5,748 Gibraltar 879,896 225,436 868,512 343,315 Malta 432,996 95,568 431,292 87,312 Ionian Islands 343,494 126,894 352,163 50,630 * Total Shipping engaged in Sea Navigation, t Nine Months ending 30th September, 1857. SHI 272 SHI External Colonial Trade in the Year 1857. IMPORTS. EXPORTS. POSSESSIONS. From To Total. United Kingdom. TotaL United Kingdom. £ £ £ £ East Indies 28,608,284 16,789,897 26,591,877 10,635,607 North America - Canada 8,871,885 3,950,781 6,076,491* 2,186,685* New Brunswick 1,418,943 538,298 917,775 627,436 Nova Scotia 1,449,278 479,718 1,027,188 75,769 Prince Edward's Island - 253,728 87,802 134,465 25,613 Newfoundland - 1,413,423 587,363 1,651,165 555,293 Bermuda 136,914 41,027 35,103 4,728 Honduras 268,692 169,928 440,272 329,052 West Indies:— Bahamas 211,423 24,699 140,195 54,613 Jamaica 797,150 448,151 1,235,497 964,732 "Virgin Islands - 5,634 — 10,849 — St. Christopher - 144,582 69,908 208,188 186,016 Nevis 36,254 12,385 51,954 33,974 Antigua 234,058 119,763 335,269 277,205 Montserrat 12,783 — 24,782 — Dominica 60,911 19,318 98,046 89,662 St. Lucia 90,064 21,550 99,903 90,142 St. Vincent 185,203 97,788 220,956 201,423 Barbados 976,306 475,856 1,345,361 937,822 Grenada 109,062 37,481 172,218 159,562 Tobago 60,424 18,324 76,122 63,231 Trinidad 803,038 388,467 1,073,878 787,300 British Guiana - 886,016 No Return. 1,331,371 No Return. Falkland Islands - No Return. Ditto. No Return. Ditto. Australia:— New South Wales 6,729,408 3,864,901 4,011,952 1,987,703 Victoria 17,256,209 10,122,201 15,079,512 11,483,781 South Australia 1,623,052 1,016,814 1,958,572 666,136 Western Australia 94,532 67,135 59,947 39,196 Tasmania l,271,087f 750,591f l,354,655t 448,235f New Zealand - 992,995 460,290 369,395 128,319 Hong Kong No Return. No Return. No Return. No Return. Labuan - 25,257 — 7,035 — Ceylon - 3,106,664 631,368 2,588,460 1,348,614 Mauritius 2,391,106 759,621 2,303,786 1,202,381 Natal --- 184,549 129,818 82,497 35,295 Cape of Good Hope 2,637,192 1,911,122 1,988,406 1,426,614 St. Helena 132,354 58,896 35,139 10,877 Gold Coast 118,270 76,410 124,394 90,825 Sierra Leone 172,315 143,204 288,728 90,540 Gambia - 118,620 60,714 201,628 19,031 Gibraltar No Return. No Return. No Return. No Return. Malta - 2,361,046 19,131 1,850,872 833,608 Ionian Islands 1,092,051 No Return. 771,638 No Return. SI AM. There are no data from which we can compute with any degree of accuracy the present population of Siam. The number of British vessels which entered and departed from Bangkok, in 1857, was 119 ships and 36,628 tons. The value of the imports in the same year (including those by Siam and China vessels) was £525,732. That of the exports to Europe £85,887 ; to Eastern ports £432,257, of which £248,177 was in British vessels. On the 3rd April, 1855, Sir John Bowring arrived and negociated a new * Exclusive of Ships built in Canada and sold in the United Kingdom, and of 20 per cent. additional for Short Returns. t At the Ports of Hobart Town and Launceston only. SI A 273 SIC English treaty, -which was signed on the 18th April, and copies of the treaty were exchanged on. the 17th March, 1856. On the 9th November, 1855, the first steam-boat was built in Siam, by the son of the prime minister, who, just twenty years before, completed the building of the Ariel, the first square-rigged vessel of the Siamese. The First King took an excursion in this steamer, " The Royal Seat," the next day. The Siamese now own 22 steamers, of which 14 are paddle and 8 screw ; 9 belong to the First King, and 2 to the Second King. The mercantile marine of Siam also numbers 70 sailing vessels, registering in the aggregate 22,523 tons, eleven of these vessels are over 500 tons. The principal exports from Bangkok in 1859 (all in piculs of 133£ lbs.), were rice, 839,751 ; paddy, 6230; sapan wood, 203,596; pepper, 13,504; cardamums, 1007; bastard ditto," 1536; hides, 25,536; horns, 4933; teel seed, 6294; stick lac, 2984; tin, 739 ; silk, 1079. On December 8, 1857, Sir Robert Schomburgk arrived at Bangkok as British Consul General for Siam. The First King of Siam has the enormous number of 22,754 officers of different kinds, who receive fixed salaries, amounting in the aggregate to 373,398 ticals, equal to about £53,342. The officers of the Second King are not quite so numer- ous, and he pays in salaries about one-fourth of the sum paid by the First King. There are also, besides, scores of Siamese princes, male and female, who receive their fixed salaries from one or the other of the two sovereigns, and the sum must very considerably swell the whole amount paid by the two Kings. These princes and officers, with an army of about 5000 priests, all live in Bangkok and its suburbs. SICILY. The island of Sicily, which formerly belonged to the King of Naples, now forms part of the dominions of the King of Sardinia, having been conquered and annexed in 1860. This change has already been alluded to under the head Naples. The value of the Imports and Exports of the Island of Sicily has been as follows : — Tear. Imports. Exports. Total Commerce. £ £ £ 1852 1,212,143 1,807,922 3,020,065 1853 1,132,783 1,710,220 3,843,003 1854 971,904 1,643,561 2,615,465 1855 1,144,016 1,606,098 2,750,114 1856 1,149,637 2,081,083 3,230,720 1857 971,362 2.192,964 3,164,326 The Imports and Exports were thus distributed, taking the last-quoted year : — Countries. Imports. Exports. £ £ United States ----- 33,252 481,580 Baltic, Belgium, and Germany - - 249,617 278,789 France - 196,079 415,618 Great Britain and Colonies - 399,385 874,566 Italian States - - - - - 84,006 107,692 Other Countries - - - - 9,023 34,719 971,362 2,192,964 The total area of the kingdom of the Two Sicilies, before the inroads on it, was 42,693 square miles. The population in 1856 stood at 9,117,050. The number of vessels that entered at the pcr.s of the Continental States in 1853, was 2712 ships, and 320,088 tons ; of which 279 vessels were British. France and Austria rank the highest in the shipping trade. The total imports were £3,210,819 in 1853, and the exports £1,468,709. The entries of vessels at the port of Naples, in 1856, were 1026, of which 208 were British. In the island of Sicily the entries at the port of Palermo, in 1856, were 426 vessels, of which 220 were British. At the port of Messina, in the same year, 3406, of which 177 were British. The value of the imports to the island of Sicily were, in 1857, £971,362, and of the exports from it, £2,192,964. T t SIL 274 SIN SILK TRADE. We may form some idea of the magnitude of the silk trade of this country, from the fact that our average import of the raw material, in the eight years ending with 1859, was nearly 10,500,000 pounds, annually, exclu- sive of more than 3,500,000 pounds of waste silk, and knubs or husks. Of the manufactured product trom Europe and India were imported about 1,000,000 pounds weight more. While the quantity of raw silk received has thus doubled in the last twenty years, the sources of supply have also much changed. Italy and Syria now furnish us with very little silk; the supplies from France fluctuate; India and China supply us with large quantities, while imports are now coming forward from Japan, Siam and a few other new quarters. Raw silk now comes in free of duty. The Imports of Raw Silk, in 1859, were from the following countries : — China British India - Other Countries 3,192,632 lbs. 5,805,487 ... 922,772 ... 9,920,891 The total value of all the silk imported in 1857, raw and manufactured, was £16,689,797, in 1858 only £8,516,752, and in 1859, £13,667,194. The pro- duction of raw silk in France appears to double every ten years; in i855, the quantity obtained was 3,000,000 kilogrammes. The production in Austria is about 7,000,000 pounds. SILK MANUFACTURE. There are nearly 600 silk tactories in the United Kingdom, in which 5176 horse power is engaged. A capital is embarked of about £50,000,000 sterling, and it gives employment to nearly one million of our population. The export of British silk manufactures is, to some slight extent, increasing, within the last few years, although the home is their prin- cipal demand, Our imports of foreign manufactured silks have been rather on the decline of late years. Progress of the Silk Trade of the United Kingdom, from 1845 to i860. 1845 1850. 1855. Computed 1860. Computed Quantities. Quantities. Value. Value. Imports of European silks, exclusive £ & of lace, millinery and ribbons lbs. 341,441 698,716 509,183 India silks - pieces 782,782 766,941 313,285 Raw silk - - - - lbs. 4,354,696 4,942,407 4,584,733 Thrown silk ----»» 511,832 469,527 908,571 British silk manufactures exported, including thrown and twist, de- clared value £ 766,405 1,255,641 1,524,343 2,351,839 SILVER. See Bullion, Coinage, &c. SINGAPORE. Two years after its establishment, the fixed inhabitants of Singapore numbered but 12,000, now they have risen to 80,000, of which about 50,000 are Chinese, and 8,000 or 10,000 arrive every year, who either settle in Singapore or proceed to Malacca. Singapore produces annually and ships about 5000 tons of gambier, better known in England as Terra Japonica, 6000 or 7000 tons of sago and sago flour, and 1250 tons of pepper. Being also the entrepot of the Eastern Archipelago, all the products of the various islands are received there for shipment to Europe. Some 2000 to 3000 prahus and junks visit the port annually from Bally, Borneo, Celebes, Sumatra, Java and the neighbouring islands, from China, Siam, Arracan, Moulmein, and other parts of the Continent. The Bugis trade commencing in September and ending in November, is gene- rally esteemed by the local merchants as second only to the trade with China. The junks from China are a larger class of vessel and of considerable burthen. Singapore is also largely frequented by square-rigged vessels. About 700,000 SIN 275 SOU tons of shipping annually enter the ports. In 1858 the value of the imports was £6,700,000, and of the exports £5,783,600. In 1859 the aggregate value of the trade was rather less, being only eleven millions sterling. The great extension of British trade with China, Siam, Java, Borneo, Japan and other Eastern countries has greatly benefited Singapore, which may be looked upon in the light of a large bonded warehouse. SKINS. See Fur Trade. SLAVE TRADE. According to the latest accounts, the number of the slaves in the Southern States of the North American Union was 4,000,000; Brazil, 3,000,000; Cuba and Porto Eico, 705,000; and in the Dutch Colonies about 53,000; namely, 39,000 in Surinam, 10,400 in Curacoa, and other West India islands, and 3,600 in the Eastern possessions. In March, 1854, the State of Venezuela liberated its slaves, numbering about 16,500. Notwithstanding the Convention between the different European States and the efforts Great Britain has made to suppress the slave trade on the coast of Africa, the illicit traffic is still carried on to a small extent on parts of the eastern and western coasts of Africa, particularly by the Portuguese. In Zanzibar especially, 19,000 or 20,000 slaves are annually imported. SOAP. In 1853 the excise duty on soap was abolished. The statistics of the previous year show the condition of the manufacture at that period. The number of soap makers was 152 in England, 21 in Scotland, and 143 in Ireland, making 316 manufacturers in all who paid license duty, amounting to £1327. The aggregate quantity of soap made was 203,199,830 lbs. of hard soap, and 20,859,870 pounds of soft soap, the total excise duty, on which was £1,424,760. The exports of soap and candles were grouped together in that year and stated at 19,586,747 lbs. The quantity of soap exported in 1848 was 10,462,069 pounds, and on the average of the three years ending with 1859, 175,000 cwts. or 19,600,000 pounds. Of the shipments of 174,410 cwt. in 1859, 49,329 cwts. went to the West Indies, 20,466 cwts. to British North America, 19,449 to Australia, and the rest to other countries. The allowance of soap to paupers and prisoners is 10 or 11 lbs. per head per annum. Assuming the make now to be about 250,000,000 lbs., this would give an average annual consumption of about 10 pounds per head for the kingdom. The French are extensive manufacturers of soap, and more is shipped from the single port of Marseilles to the markets of the Mediterranean, South America, &c. than the entire British export. Marseilles has some advan- tages from being nearer to the sources of supply of palm oil, ground nut oil, &c., and had the advantage of a large export trade before the excise restrictions were removed here. SODA. The alkali obtained from common salt and termed in commerce soda ash, is largely used for soap making, as a substitute for potash in glass making, and for bleaching cotton. In 1850 it was manufactured at 30 chemical works in the United Kingdom, the aggregate quantity made being estimated at 104,260 tons, for making which 156,390 tons of salt were used. The export has been greatly on the increase; while in 1850 only 8000 tons were shipped, in 1859, it was 101,380 tons. Of the purer carbonate of soda 25,000 tons were made in 1850, and the manufacture has largely increased. SOUND. The dues charged by Denmark for the Sound were abolished in 1857 by an agreement with several of the principal maritime nations concerned in the navigation, who undertook to redeem the dues by a present payment. Great Britain paid £1,125,206 as her share, and Hamburg £12,040. It may be interesting to glance at the shipping trade passing the Sound as indicative of the Baltic commerce. From 1848 to 1854 inclusive there passed the Sound 130,275 ships measuring 12,926,120 lasts; an average of 18,610 ships and 1,846,588 lasts annually. The ship last is about 2 tons. In 1855 the number of ships passing the Sound was but 15,787, measuring 1,515,61 1 lasts. This decline arose from the war with Russia. In 1854 the revenue to Denmark from the Sound and River dues was about £20,000, and in 1860, £130,000. SOU 276 SPI SOUTH AUSTRALIA. The population of this colony on the 31st December, 1857, was 109,91 7 souls. The revenue for 1 859 was £505,8*70, and the expenditure £587,744. The imports and exports for the last five years have averaged about £ 1 ,500,000. The number of vessels that entered Port Adelaide in 1 857 was 522, measuring 145,567 tons. The trade of the colony has been greatly improved by the placing of steamers on the river Murray and its tributaries, which bring down the wool and produce of the interior to Port Adelaide for shipment. Agri- culture and mining are the principal occupations. The extent of land under cul- tivation in 1857, was 236,000 acres. The live stock in the colony comprised 26,220 horses, 310,400 cattle, 2,075,805 sheep and 38,199 pigs. Manufactures are largely on the increase. Among the exports in 1857 were 34,438 tons of flour, 23,654 qrs. of wheat, 56,929 cwts. of wrought copper and 8036 tons of copper ore, 1,422 tons of lead, and 10,106,000 lbs. of wool. SOUTH SEA COMPANY. In 1853, Government determined upon com- muting or paying off the various South Sea securities and Stock of the Company. The proprietors claimed the payment in money of their Stock at par, and received the sum of £3,662,784. Of the Old South Sea Annuities, £2,040,545 were paid in money, and £739,233 converted; of the New South Sea Annuities, £1,540,676 was paid in money, and £463,607 converted into other Government securities. SPAIN. The population of this kingdom, according to the census revised by the Commissioners in May 1857, was 16,301,851. This included the Balearic and Canary Islands. The revenue has gradually increased from £11,379,264 in 1853 to £18,126,314 in 1857. The number of vessels belonging to Spain on the 1st of January, 1858, was 5175, registering 349,762 tons, 13,397 fishing and river boats of 61,025 tons, and employing in all 72,502 seamen. The entries of vessels in Spanish ports in 1856 were 10,409 ships and 1,068,903 tons, with 87,953 seamen. Of the vessels that entered with cargoes, 1518 of 279,889 tons were from England and 493 of 33,562 tons from British possessions. The value of the imports into Spain in 1857 was £15,554,000, and of the exports 11,686,090. The exports and imports had more than doubled in five years. The exports of British produce and manufactures to Spain averaged £2,100,000 in the three years ending with 1859. There are about 612 miles of railway in operation, 893 completed but not yet working, and 2000 miles conceded or authorized. SPIRITS. The number of gallons of British spirit distilled in 1851 was as follows. In England 9,595,368; in Scotland, 6,830,710; in Ireland, 7,550,518: total 23,976,586. The number of gallons of spirits consumed in Scotland in the five years, 1849- 53, was 36,039,712 gallons, of which 34,595,363 was British spirits and the rest foreign and colonial. The quantity consumed in the next five years, 1854-58, was 29,079,188 gallons, of which 27,975,788 gallons were British spirits. The number of gallons consumed in the corresponding periods in England was, 1849- 53,70,479,207 gallons, of which 48,151,471 were British. In the five years, 1854-58, 78,597,128 gallons, of which 56,218,482 gallons were British spirits. The number of gallons of proof spirits distilled in 1859 was 7,230,863 gallons in England, 13,190,865 in Scotland, 7,235,993 in Ireland; total 27,657,721. The quantity on which duty was paid in the kingdom was 24,254,403 gallons at 8s a gallon. Amount of duty received £9,701,761. The number of gallons imported into England from Scotland in that year was 4,878,187, and from Ireland 1,496,313 gallons. The proof spirits permitted out from distillers' stock for export in 1859, was 1,775,274 gallons, and of British compounds and spirits of wine 375,715 gallons. The methylic alcohol sold by the excise between 1st October, 1855 and 31st December, 1859, was 89,327 gallons, and of methylated spirits sold under license by authorized parties in the same period 838,517 gallons. Methylated spirits has lately been much used by dyers to produce some of the bright colours which have been in fashion for ladies' dress. It seems that the French have long been in the habit of using this alcohol in dyeing, but in this country the high duty levied on spirits acted as a complete prohibition against the application of them to such a purpose, and enabled the French to maintain an undoubted superiority. SPI 277 SPI © 00 1 Gallons. 15,141,720 7,868,61 l 0,080,719 CO o © 00 o> C4 1$ (inllons. 10,593,049 7,188,908 6,688,448 •** B pq Gallons. 1,217.694 77,994 61,881 © co CO S = Gallons. 8,881,978 150,714 86,4">0 • ■3 co* 1 ■ 1 1 1 1 1 1 1 1 1 1 e! si P. tfl 00 1 i ~ 5 © S^ = so" sfco © 3 o» o ««. 1 *-» ~2 af« © X S :~ ~ » S _~* gf e£ ■a as eo «a s © o °i CO (lallons. 1,778,550 |0,801 41,352 CO © CS © || -j Gallons. 2,842,395 179,883 158,1-17 ift © n CO • % *§ fig ££ t. o 2-3 *S •» C4 fl4 K)M 5 2 *3 •9 S s - si f « S3 a 9 *3 U ■ ~ ll o? H.S fccS «.£ *R o g o i% 9^ 8 5 •< o a* Od 22 >» ^=3 fltl ©-3 »-l cO t* « K 9 2 ~ 3 •-I ► c ° 3 « °5 g ^ ^ z ll £ 3 C & p - DO *" * £* ^ s 9 a « fl « S' rt hi .2 | "5 H M fcX) 1 Ej ^ O A H c2 * o 2 H a i 1 a o5t~©LOco'j©©«©o — r' — — » ©* s S t^ to l-s" = uo -O © — © © © 00 » •* 1 Gallons. 44,352 46,678 50,420 53,918 48,018 55.550 68,069 47.303 61,821 44,404 :§ « (Gallons. $,208,266 8,186,862 8,440,731 6,228,8. r .(i 6,781,008 6,920,010 6,402,112 0,538,448 3,080,294 Q z •< o 02 c o o Gallons. 179,888 181,538 169,190 148,686 114,640 145,158 141,555 141,727 150,714 75,075 i 2 5 Gallons. 80,301 83,909 91,690 107,044 77,508 81,546 79,980 65,706 77,094 91,383 1 pq <;.illons. 6,830,710 7,172,015 §884,648 11558,889 6)844,819 7,175,939 7,(>;i0,822 6,781.879 7,123,900 3.305,005 Q z •< J ■ z "3 c "3 O Gallons. 2,542,395 2,553,427 2,902,002 2,959,275 3,018,409 8,177,928 3,158,302 3,198,230 3,331,975 1,840,313 d 1 Gallons. 1, 778,550 1,835,989 1,708,049 1,740,587 1,438,980 1,442,H()7 1,201,791 1,042,205 1,217,694 791,100 1 Gallons. 9,695,868 9,820,608 io,;;5o,307 10,889,011 10,884,100 9,343,519 10,199,505 10,028,591 10,592,049 6,289,740 1851 - 1852 - 853 - 854 - 855 - 856 - 1857 - 858 - 859 - 860, to 30 June - 1 SPI 278 STA The following have been the successive alterations in the rates of duties on British made spirits. 1853, April 21. The duty on spirits in Scotland was in- creased from 3s 8d to 4* 8d per gallon. In Ireland, from 2s 8d to 3s Ad per gallon, countervailing duties on medicated spirits, sweets or made wines, altered accordingly. Spirits from the Channel Islands, imported into Scotland increased from 4* lOd to bs \0d; into Ireland, from 3* 10* to As 6d. The duty on spirits in Scotland was increased Is per gallon from May 8, 1854, and a further increase of 4d from May 26th. Spirits in Ireland increased 8d per gallon from May 8th. The duty on spirits in Scotland was increased 1* lOd per gallon from April 20, 1855, and further increased 2d per gallon from October 1, 1855. In Ireland increased 2d per gallon, and further increased 2d per gallon on the same dates. The duty on spirits in England was increased 2d per gallon from October 1, 1855. A license duty of £10. 10s to makers of methylated spirits was imposed October 1, 1855. This methylated spirit is spirits of wine rendered non-potable by the admixture of wood naphtha, and which is then permitted to be used duty free in the arts and manufactures. The duty on spirits made in Ireland was increased Is lOd per gallon, from April 19, 1858, and from 29th February, 1860, the duty on British spirits gene- rally in the United Kingdom was increased Id per gallon. The increase in the gross duties received on home made spirits have been upwards of £4,000,000 in the last ten years. 1850. 1859. England - £2,976,674 4,340,197 Scotland - 1,864,261 2,972,642 Ireland - 1,103,247 2,687,352 United Kingdom - - £5,944,182 10,000,191 The number of licenses issued in 1851, was as follows: — 1851. England, j Scotland. Ireland. Total. Distillers - Rectifiers - Wholesale Spirit Dealers Retail Spirit Dealers 12 74 1,551 57,564 160 6 44 14,662 59 38 109 14,657 222 118 1,704 86,883 Total 59,201 14,872 14,854 88,927 The gross amount paid for these licenses to the Commissioners of Inland Re- venue was ^554,039. In 1859 the numbers stood as follows; — 1859. England. Scotland Ireland, j Total. Distillers • Rectifiers - Wholesale Dealers Retail Dealers - 16 104 1,568 62,437 125 9 70 11,938 35 45 133 17,168 176 158 1,771 91,543 Total 64,125 12,142 17,381 93,648 The gross amount paid for these licenses was £571,684. SPONGE. The number of boats employed in the sponge fishery in the Otto- man Archipelago is now about 600, employing 4200 men. Of these boats, 70 fish on the coasts of Rhodes, 150 on those of Candia, 180 off the Syrian coast, and 200 about the Barbary shores. In 1857, the quantity of sponge exported from the port of Rhodes was 294 cwts. of fine, valued at £51,282; 1195 cwt. of common, worth £24,974; and about 400 cwts. of coarse, worth very little. The imports of sponge in the United Kingdom in the four years 1855-58 averaged 315,000 lbs. valued at about £160,000. STAMPS. The following is a chronological account of the alterations made in the rates of duties on stamps, &c. in the last ten years: — STA 279 STE 1850.— Stamps on Agreements, Bonds, Con- veyances, Leases, Mortgages, Settle- ments, Warrant? ot Attorney, and a few- other legal instruments, reduced from Oct. io, isoo. Discount on Receipt Stamps increased from £ i. id* to £7 lOs per cent trom Oct. 10, 18-50. 1853 — Articles ot ClerKship to Attorneys, &c. i educed rroui £120. to £80. from August 4, 18.">3. Attorneys', Conveyancers,' per lb. much as 8,711 square inches or 6J-|i square yards to the lb avoirdupois - J The same kinds, but of variegated co- \ lours, and with coloured patterns, as f much as 6^| square yards to the lb. i " avoirdupois - - -) Corduroys, velveretts, and cotton velve- teens, coloured; also closely woven stuff, stamped white, of one colour and variegated - - „ Printed stuff - - „ All kinds with patterns in straw, gold or silver, or tinsel, woven, Is. 3d. wide - ; more „ Is. 8d. 10 per cent, ad valorem CJ 1 3 9 1 0.} TAB 289 Norway. TAB Articles. Rate of Duty. 1846. 1853. Cotton Manufactures, unbleached cloth per 1^ lb. Linen Yam, untwisted, undyed - „ „ Sailcloth - - » " m Woollen Manufactures - - » Iron, bar - - per 5 cwt. Machinery for agricultural and industrial purposes Coals - - - - per cwt £ $. d. 9 II 11 11 9 Free 1 £ s. d. 7 2\ 01 7 7 1 ( Same as the raw I material 0$ Denmark. Cotton Yam, twisted - - per 1^ lb. (from I to 44 7 | o oi „ „ not twisted - „ 3} 5J 6i Of „ „ dyed „ (from I to o o 14 „ Manufactures, white, not other- ) wise described ; also wadding \ " ( from [to 7 4 12 „ netting (tricotage) white or coloured „ 15 9 Linen Yarn, all sorts • „ ( from [to ( from (to li 2 9f ii „ Thread - - „ o 24 4 2f 2* „ Manufactures ■ » „ ( from [to 4f 9 4 Wool Yarn, dyed - - „ If 2f „ Manufactures, coarse - „ 2j o 34 „ „ fine, milled, and clipped „ 1 3| 1 6 Hardwares and Cutlery : Iron and steel wire - per 1 1 0^ lbs. 7 Oi 3 44 Ironmongery, coarse and rough - „ 3 6} 7 0| ,, fine and polished • „ 7 Oi 14 OJ Incrusted, facetted and plated - per 1^ lb. o i 14 44 Copper, plates or sheets, hammered or rolled; also bolts, nails and wire - - per 110^ lbs. 13 5 6 44 „ Manufactures - „ Ad valo Specific Tin, unwrought - per l^j lb. o o 04 Free Lead, pig - - per 110^ lbs 1 4 Free „ rolls - - - ii 2 2 1 6 Leather Manufactures: Saddlery, without mounting - per 1^ lb. 5J 4} Gloves - - - „ 2 3 2 9f Shoemakers' work of all kinds - ,, (from (to 1 8i 2 0| o h 1 6 2 9f Salt, rock per 1,101 lbs. Coals (20 barrels, 1 commercial last) 100 barrels 1 17 6 14 Of Beer, in casks - per barrel 5 8 6 9 Earthenware or Pottery, all kinds per 110^ lbs 4 6 2 4J Porcelain, &c - „ (from (to 6 9 18 from 18 9 to 4 15 Sugar, refined - - „ Prohibited 14 Of Rum, at eight degrees - - per hhd 2 14 2 6 (Above that degree, the scale in proportion ) ZOLLVEREIN. Cotton Yarn, unmixed or mixed, un- bleached, one or two threads, and waddings - - perllOflbs. Linen Yarn, bleached or dyed - „ „ „ thread - „ 6 3 6 9 9 12 TAE 290 TAE Zollverein — continued. Articles. Rate of Duty. 1846. 1853. Linen Manufactures : Raw twilling and drilling - per 11 0£ lbs. Ribbons, batiste, borders, fringes, gauze, cambric, woven .trimmings, laces, stockings, &c. 16 Coal Tar - u Cement (Mastic, prepared with resins and J other materials) - »* " Zollverein. — (Export Duties ) May 28, 1859. The Exportation of Cattle, Swine, Sheep, and other Animals for Food, beyond the Western frontier of the Zollverein lbs. avd. Prohibited. Free. Holland. Articles. Rate of Duty. 1846. 1853. Iron, in blocks, pigs, ore, forged staves, rods, \ band, and plate iron, and rails for railroads j „ Anchors and Cables - Machinery - - - - - Copper, plates, bolts, and nails - per 220 lbs. foals - - - _ [ per 10 muds. coals \ per 1000 lbs. Linen Manufactures: Sailcloth - per roll Cables, nets, and all other ropework per 220 lbs. Salt, raw - „ Sugar, raw, form and clay - „ £ s. d. 1 per cent, ad val. G per cent. „ 6 per cent. „ 6 8 2 6 3 4 10 10 3 4 1 8 £ 5. d. i per cent, ad val. 1 per cent. „ 1 per cent. „ 18 J Free 6 3 4 Free 4 TAE 291 Belgium. TAE Rate of Duty. 1846. 1853. Woollen Yarn : £ s. d. £ 8. d. Unbleached and untwisted - - per cwt 18 1 19 11 Twisted or dyed - - „ 1 4 1 15 10* Woollen Manufactures: Casimeres, and similar articles - „ 7 9 8 4 14 6± Coatings, calmucks, duffels, and other similar thick stuffs - „ 1 5 44 3 3 10J Linen Manufactures: Unbleached, plain, according to the) number of threads - - i " (from ho 1 10 from 4 24 6 16 10 to 9 6 4f Printed or bleached, plain cloth, accord- ) ing to the number of threads - J " (from (to 1 4 from 1 16 9 to 16 6 1* Dyed - - - - ,> ' ( frojn (to 1 16 3 16 from 1 16 to 10 14 4 Silk Manufactures, all sorts of plain stuffs per lb. 3 64 1 9£ „ ,, Ribbons - ,, 1 6 1 9£ Copper, in cakes, blocks, <&e. - per cwt. 5 OJ Ore - - - - „ 10 Free Tin, raw - - - „ 1 3 Free Lead, raw - - - „ 71 Free Earthenware - - „ Ad valorem Specific Coals - per ton 10 8 11 94 Herrings - per 1000 7 84 6 2 Salt - per cwt. 1 9 7 Note— In 1852 a discriminating duty of 10 per cent, in favour of Belgian vessels was abolished. This duty amounted to 20 per cent, upon imports from places beyond the Cape of Good Hope and Cape Horn. France. Articles. Rate of Duty. 1846. 1853. In French Vessels. In Foreign Vessels. In French Vessels. In Foreign Vessels. Steel, Raw, drawn - - per cwt „ Cast, drawn „ £ *. d. 2 1 8 2 1 8 £ *. d. 2 4 9 2 4 9 £ 8. d. 1 8 4 1 16 7 £ 8. d. 1 10 9 3 5 France— {Import Duties.) January 9, 1859 Articles. New Duty. Old Duty. £ $. d. £ s. d. Feathers (Dress), Cock and Vulture, all colours : lbs. avd. In French vessels - - - 110-20 r 2 8 In foreign vessels and by land - „ } 1 2 3 86 „ Others, White: In French vessels - - - > * Free J 8 2 8 In foreign, and by land \ 8 9 9 „ Black: In French vessels - 4 1 4 In foreign, and by land ) v 4 6 Grease, extracted from skins from India : In French vessels 9-6 16 In foreign „ - . 3 24 12 2 ,, From elsewhere: In French vessels 2 19 22 In foreign „ - 1 3 24 12 2 TAE 292 France — (Import Duties) — continued. TAE New Duty. Old Duty. Sago and Salep from India and French Colonies in America : lbs. avd. In French vessels - - 11020 Sesame, from the West Coast of Africa: In French vessels - „ Flax or Linseed from Zealand for sowing : In French vessels - „ Bark Quin quina (Peruvian) , fr om Entrepots : In French vessels - „ Foreign, and by land - „ Cochineal, from French Colonies - 1 lb. Sarsaparilla, from Senegal and French Guyana : lbs. avd. In French vessels - - 110-20 „ From Entrep6ts : In French vessels In foreign „ - „ From elsewhere out of Europe : In French vessels In foreign », - Iris, of Florence: In French vessels - - j In foreign vessels and by land - ; Aloes, from countries beyond Europe: In French vessels In foreign and by land „ From Entrepots: In French vessels In foreign „ Benzoin, from countries beyond Europe : In French vessels In foreign „ - „ From Entrepots: In French vessels In foreign „ - Balsam Copaiva, from out of Europe : In French vessels - - 1 lb. adv. In foreign „ „ From Entrepots: In French vessels In foreign „ - Cotton, from India: lbs. adv. In French vessels - - 110-20 In foreign „ - n Wood for Ebonist's trade, of more than 8 inches thick, from countries beyond Europe: In French vessels - - 220-2 In foreign „ • - „ „ From Entrepots: In French vessels - „ „ of 8 inches and less, from beyond Europe : In French vessels - - », In foreign „ - „ „ from Entrepots : In French vessels » „ In foreign „ „ „ for buildings, rough, or merely hewn square or sawn, being in thickness more than 3-15 inches: In French vessels - - load £ s. d. 24 96 Free 4 8 Free 2 2 8 4 8 4 10 6 10 2 2 0-7 2-88 1 1-44 Free 4 9-8 2 4*8 9-6 5 7-2 3 2-4 5 72 Free from 9 6 to 6 from 5 7 to 17 2-4 from 9 6 to 14 9-6 from 4 to 18 from 4 to 2 11 7-2 from 9 7 2 to 2 4 4-8 from 17 2-4 to 2 11 7-2 TAB. 293 TAB France — (Import Duties) — continued. Articles. New Duty. Old Duty. £ s. d. £ s. d. Steel, in bands or in sheets, white or brown, not polished or tempered : „ of more than yso of an inch thick, and any width - lbs. avd. 110-20 10 ) „ of 1 millimetre or less thick, and 1 Not distin- 38-10 inches wide - „ 1 10 l guished ,, less than 38-10 inches wide - „ 2 4 3 Copper, pure or alloyed with Zinc (Brass), laminated in bars or plates : In French vessels - - »» 12 1 In foreign „ „ 12 1 4 Detached Pieces of Agricultural Ma- chinery in brass or pure iron, or coated with steel: In French vessels - -\ q n ^ n In foreign „ - _J^U20 12 | from 12 to 48 from 12 9^ to 86 France — ( Export Duties.) The prohibition to export articles of war removed - •_ __ Corsica. Sulphate of Iron - - lbs. avd. 110 20 Free 1-20 Portugal. Rate of Duty. Articles, 1846. 1853. £ s. d. £ s. d. fRaw - - per lb. (from (to 2f Oil* from to 3 1 u Cotton Yarn accord- ) white or coloured - ing to number \ „ ( from (to 4| 2 3 from to 4 2 3 f Twisted for sewing, Ac. II { from (to o 54 4 6 from to 6 3 7± Cotton Manufactures, printed or dyed 1» {from (to 11 11* from to HA 1 3 T6 „ muslins and cambrics, bleached II < from (to 11 19 from to 1 «iV 1 11* Towelling, bleached or unbleached H 8 9^ Canvas and duck - M 2f 3 Twills,drills,satinettes, bleached, coloured, 1 and in pieces - - - j (from (to 8 from 9^ » 1 4 to 1 5i% Carpets, counterpanes, and blankets „ ( from (to 11 1 4 from to n& 1 5^ Cotton velvets - Jl 8$ 9^ Haberdashery - II 19 2 0-5- Bobbinets, plain - II 2 8 1 11? ,, figured - • I 117 2 HxV Linen Yarn { J£ cned " I I IS 4 6 6 9 Jl Linen Manufactures : „ unbleached, as hessians per 100 lbs. 11 2} 12 „ „ sailcloth - per lb. 43 5| ,, m duck n 8| 9^ „ bleached, as linen cloth 1 1 Hf » n lawn _ 4 4| 1 9f „ Irish linen 2 8 Towelling, unbleached „ 1 4 lit „ bleached - „ 2 8 Lace and gauze - ii 16 2 4 6 TAR 294 TAE Portugal — continued. Articles. Rate of Duty. 1846. 1853. £ s. d. £ s. d. Woollen Manufactures: Carpets - - per lb. 19 2 Oi Damasks - >» ( from 14 (to 2 8 j lOf Shawls and handkerchiefs: Merino of any colour • , 10 9 9 Plain cashmere with printed border - „ 2 8 I \ } l " Any others 5 5 5 10| Metals : Iron, bar and pig per 100 lbs. 1 5 4& „ Sheet N 1 0£ 6& „ Hoops 1 0J G T % „ Chains, anchors, &c. 2 1 1 9^ „ Wire o 5 n 6 9 Steel, unwrought ** »» 2 1 8| Hardware : Tools of all kinds »J (from 11 3| (to 1 2 5| 14 1 3 j 13 6 6 15 Scissors _ Cutlery : Knives, 3 6 8 „ raw - 14 71 7| Tin in blocks - • l| Lead in pipes or rolled, &c. M l| 1 3 Glass bottles, common M l] 1 3 „ window, not coloured „ 3 2 11 „ wares, fine; crystal wares, cast or polished, and coloured glass t> 3 6 8 Leather Manufactures, fine : „ saddlery, harness, boots, shoes, gloves, &c. „ 3 12 6 „ „ coarse - n 3 6 8 Machinery, all sorts - i> 3 1 8 Sugar of every description 3 2 11 Salt, kitchen - „ Free 14 Coals - per collar Free 14 Fish, all sorts - - perllOilbs. 14 2 11 Beer in bottles - N 1} 12 6 ,, in casks - _ 74 Earthenware and Porcelain t 3 6 8 „ common crockery 1f 1| 1 3 Coffee and Cocoa - tt 3 1 3 Rum, in casks - ., 3 2 11 „ in bottles - " 3 12 6 TAE 297 Austria. TAE Rate of Duty. Articles. 1846. 1853. £ s. d. £ s. d. Cotton Yarn, unbleached, undyed, and un- twisted - - per 110^ lbs. 18 2 14 „ dyed - - „ 1 16 4 1 10 Cotton Manufactures : Fine bobbinet - - per 1^ lb. 16 5 Embroidered - - „ 1 10 5 Linen Yarn, unbleached - per 110^ lbs. 4 6 5 „ „ dyed and bleached - „ 18 2 1 5 „ thread - - „ 2 5 5 2 Linen Manufactures: „ coarse, as packing canvas, sacks, &c. „ 4 11 8 15 „ lawns, cambrics, „ tural implements, o?J «o ♦ fJ-o ' Powder for Mines may be imported at the port of Valparaiso only - ) MT(X oept - 1&aa - Chili — (Export Duties.)— 30th May, 1859. Of Copper smelted by Chilian coal - J 4 per cent ad val. Free TAS 300 TAS TASMANIA. Since the abolition of transportation, the name of Tasmania has been given to the colony of Van Diemen's Land. According to the census taken on 31st March, 1857, the population was ascertained to number 81,492 persons. On the 1st January, 1859, it was estimated to be 84,420. The increase in the last decennial period is very small, but is accounted for by the fact that iu the three years succeeding the gold discovery in Victoria in November, 1851, no less than 45,884 persons, principally men, left Tasmania for the uncertain em- ployment of gold digging. The revenue of the Colony in 1858 was £391,706, and in 1859 (including a balance brought on from previous years of £34,167) £312,047. The expenditure was in 1858, £357,538, and in 1859, £307,109. Wool is largely exported to Great Britain, the annual quantity varies from 400,000 to 500,000 pounds, worth from £400,000 to £500,000 a year in the Lon- don market. The number of sheep in Tasmania is about 1,600,000. The annual clip is therefore from 2 to 2| pounds from each sheep. There are more than 30,000 pigs in the Colony, 80,000 cattle and 21,563 horses. On the 1st January, 1859, there were 150,000 acres of land under cultivation, 100,000 of which was with grain. Nearly two million acres of land are rented from the Crown by sheep and cattle holders for depasturing their flocks and herds, the average rental being over one pound for every hundred acres, paid yearly in advance. The total imports into the Colony in 1859 were in value £1,164,526 (Hobart Town £662,397 and Launceston £502,129), and the total exports £1,085,905 (Hobart Town £554,547 and Launceston £531,558.) The following are the figures for the last five years:— Exports: 1855, £1,428,629; 1856, £1,207,802 ; 1857, £1,354,655; 1858, £1,151,609; 1859, £1,085,905. Imports: 1855, £1,559,797; 1856, £1,442,106; 1857, £1,271,087; 1858, £1,398,612; 1859, £1,164,526. The Amount of Customs' Revenue and Poet Charges collected at the Ports of Hobart Town and Launceston, respectively, have been:— Years. Port of Hobart. Launcegton. 1855 1856 1857 1858 1859 £ 109,891 83,908 82,475 84,229 74,879 £ 57,879 55,359 58,330 67,822 65,384 A Return showing the Quantity and Value of "Wool and Train Oil exported from Tasmania, from the Year 1848 to 1857 inclusive. Year. Wool. Train Oil. Bales. £ Tuns. £ 1848 13,433 195,143 1015 47,309 1849 17,581 202,334 822£ 36,830 1850 19,517 248,869 9214 49,547 1851 19,279 249,953 928 49,022 1852 15,414 245,201 632 36,776 1853 19,524 326,096 339 30,106 1854 19,774 325,384 225 27,423 1855 18,939 378,822 585 46,165 1856 19,513 319,961 877 54,280 45,136 1857 23,757 393,646 570 TAS 301 TEA Rates of The following is the Tariff of the Colony: — Duty. t. d. Brandy and all other spirits, cordials, and strong waters, excepting nun, per gallon 12 Rum, ditto . . . . . 10 And so on in proportion -with respect to spirits, cordials, and strong waters in bottle, for any greater or less quantity than a gallon, not being less than one- eighth part of a gallon. Wines, in wood, per gallon . . . . .20 Ditto in bottle, per dozen reputed quarts . . .60 Ditto, ditto, per dozen reputed pints . . . .30 And so on in proportion for any greater or less quantity than a dozen reputed quart or pint bottles. Tobacco, per pound . . . • : 2 6 Ditto, soaked, for sheep-dressing, ditto . . . .03 Cigars, ditto . . . • • .30 Snuff, ditto . . . . .03 Tea, ditto . . . ; . .03 Coffee, ditto . . . . . • l£ Refined sugars,— that is to say, loaf and crushed sugars, and sugar candy, per cwt 6 All other sugars and molasses, ditto . • .30 And so on in proportion for any greater or less quantity than a hundred weight, not being less than a quarter of a hundred weight Dried fruits, per pound . . . .01 Hops, ditto ... .02 Malt, per bushel . .10 Walt liquors in wood, per gallon . 3 Ditto in bottle, per dozen reputed quarts . • .16 Ditto, ditto, per dozen reputed pints . . • .09 And so on in proportion for any greater or less quantity than one dozen reputed quarts or pints. TEA. The consumption of tea has enormously increased of late years. In 1836, as mentioned at page 646, a consumption of 49,000,000 lbs. in the United Kingdom was considered extraordinary, but in 1860, the consumption reached 86,200,000 lbs., having gone on steadiiy increasing, as the following figures will show: — lbs. 1842 - 37,355,911 1843 - 40,293,393 1844 - 41,363,770 1845 - 44,193,433 1846 - 46,740,344 1847 - 46.314,821 1848 - 48,734.789 1849 - 50,021,576 1850 - 51,172,302 1851 - 53,949,059 The export of tea from the single port of Shanghai in China, in the year end- ing June, 1860, was 53,463,770 lbs., being an increase of 14,031,778 lbs" over the previous year's exports. The duty on tea was reduced on the 1st June, 1853, to 1* \0d per lb.; for the 6th April, 1857, to 1* 5d per lb. The revenue derived from the tea duty now reaches nearly £5,500,000. It is not probable that the consumption of tea in the United States, where it pays no duty, and is a cheap article as compared with other countries, is much affected in ordinary years by price. It will therefore approximate very near the truth to apportion this aggregate consumption according to population. In 1850, with a populution of 23,200,000, the consumption of tea was 27,858,482 lbs.; in 1859, with a population of 30,400,000, the consumption was 36,504,218 lbs. The consumption of tea in France is very limited. The mean annual consumption in the years 1848 to 1852, was but 387,844 lbs., and in 1853 to 1857, 417,344 lbs. The consumption of coffee, on the contrary, reaches 53,000,000 lbs. besides an im- mense quantity of chicory. In Holland "about 3,000,000 lbs. of tea are used, in North Germany, 2,000,000, and in Russia, 14,000,000 lbs. Paraguay Tea. A large trade in this tea, obtained from the leaves and twigs of several species of Ilex, is carried on in some of the South American States. The exports from Paraguay average about 25,000 cwts. per annum, of the vi.lue of 20s to 305 per cwt. Brazil exports of this tea to the value of £500,000 annually, and the quantity imported into Chili averages 35.000 cwt. lbs. 1S52 54,713,034 1853 58,834,087 1854 61,953,041 1855 63,429,286 1856 63,278,812 1857 69,132,101 1858 73,195,685 1859 76,362,008 1860 86,200,000 TEA 302 TEX An Account showing the Quantity of Tea annually sdmption in the United Kingdom, with the average of Duty collected thereon, specifying the Quantity Amount of Duty thereon, the Quantity entered in don, and the Amount of Duty thereon, and severally age of Import and Per-centage of Duty collected 1859 inclusive. entered for Home Con- and aggregate Amount entered in London, the Ports other than Lon- , the relative Per-cent- , from the Year 1848 to Tea entered Duty Average Avernge Tea entered for Duty Years, Consump- received. rate of duty price per lb. Home Con- received per lb. in Bond. sumption in thereon. London. lbs. £ *. d, s. d. lbs. £ 1848 48,734,789 5,329,992 2 2£ 1 0| 27,241,060 2,979,491 1849 50,021,576 5,471,422 2 2$ 1 1 27,926,528 3,054,464 1850 51,172,302 5,596,961 2 2± 1 3J 28,838,958 3,154,261 1851 53,949,059 5,900,625 2 24 1 2* 30,774,089 3,365,916 1852 54,713,031 5,984,172 2 2£ 1 0* 31,240,612 3,416,942 1853 58,834,087 5,683,791 1 114 1 8i 31,732,305 3,074,067 1854 61,953,041 4,780,149 1 64 1 8] 33,235,356 2,561,892 1S55 63,429,286 5,310,275 1 8 1 3 35,193,972 2,932,831 1856 • 63,278,212 5,536,626 1 9 1 2f 35,658,309 3,120,102 1857 69,159,843 5,060,044 1 5*. 1 5^ 37,900,773 2,763,598 1858 73,217,484 5,186,170 1 5 1 4f 41,253,009 2,922,110 1859 76,362,008 5,408,924 1 5 1 6f 44,338,075 3,140,538 Tea entered Per-centage Per-centage Per-centage Per-centage for Home Duty of Import of Imports of Dutv of Duty Years. Consump- received Port of into other collected in collected in tion in thereon. London. Ports. Port of other Ports. other Ports. London. lbs. £ lbs. lbs. £ £ 1848 21,493,729 2,350,501 70.39 29.61 55.9 44.1 1849 22,095,048 2,416,958 76.95 23.05 55.82 44.18 1850 22,334,344 2,442,700 74.15 25.85 56.36 43.64 1851 23,174,970 2,534,709 72.93 27.07 57.04 42.96 1852 23,472,422 2,567,230 77.29 22.71 57.1 42.9 1853 27,101,782 2,609,724 73.81 26.19 54.08 45.92 1854 28,717,685 2,218,257 832 16.8 53.6 46.4 1855 28,235,314 2,377,444 83.7 16.3 55.23 44.77 1856 27,619,903 2,416,524 82.59 17.41 56.35 43.65 1857 31,259,070 2,296,450 84.79 15.21 54.62 45.38 1858 31,964,475 2,264,060 90.28 9.72 56.34 43.66 1859 32,023,933 2,268,386 91.39 8.61 58.06 41.94 TEAK. In 1833 we only imported 34 loads of teak from places within the limits of the East India Company's territories, and 13,624 loads from other quar- ters. In 1843 the Indian shipments had advanced to 5475 loads, and in 1849 to 17,460 loads out of a total import of 27,702 loads. In 1859 the total imports were 29,659 loads, of which 24,096 loads came from India, 4673 loads from Sierra Leone, and 890 loads from other quarters. The so-called African teak is the produce of Oldfieldia Africana. It is every year becoming more scarce, and has to be brought from a long distance in the interior. In 1841 we received 13,127 loads from Western Africa, but in 1859 the imports were under 5000 loads. TERRA JAPONICA. This is a trade-name for gambier, an astringent tanning substance : the imports and prices for the last thirteen years, will be found at pages 194, 195. TEXAS. The area of this State is 274,356 square miles. Population in 1850, 212,592, of which 154,034 were whites. Austin is the capital. The esti- mated quantity of vacant public lands is about one hundred millions of acres. The value of the exports in the year ending June 30, 1858, was about £500,000, and of the imports only £22,620. Texas was admitted into the American Union in 1845. TIM 303 TOB TDrBER. In 1851 were imported over one million loads of sawn or split timber, and about the same quantity of unsawn timber. It is impossible to make a comparison of the entire progress of timber-consumption, owing to the absence of data for estimating home production, the various forms in which it is entered, and the subdivision of dimensions, &c. But as the total consumption of squared timber in 1801 was but 161,869 loads ; in 1831, 546,078 loads ; in 1851, 1,061,477 loads; and in 1859 about the same amount, we can perceive how immense has been the increase during the present century. The total quantity of wood and timber imported into the United Kingdom in 1859 consisted of the following: — Ship-building woods Squared timber Sawn or split timber Stares Firewood Lathwood Spare or poles Dye-woods Hard woods 7,163 loads. 1,141,959 loads. 1,472,6^7 loads. 115,616 loads. 27,440 fathoms. 14,482 fathoms. 5,637 great hundreds. 49,249 tons. 10,861 tons. The aggregate value of these woods was £9,893,225, besides mahogany and teak separately noticed, the computed value of which was £702,799. The duties on timber have been, on squared-timber from British possessions, Is per load since 10th October, 1842 ; on foreign timber, Is 6d per load since 15th April, 1851; deals and battens. 2s Id British, and 10s foreign, from the same dates. Lath, 1* per fathom British, and 12s foreign. All ship-building, dye-woods and hard- woods, free since 1845. TIN. The total quantity of tin-ore raised in Cornwall and Devonshire in 1858 was 10,618 tons, the average value of which was about £64 per ton. This black tin or tin-ore produces on the average 65 per cent of metallic, or white tin as it is called. The quantity of this metal of British produce brought into the market is about 7000 tons annually, worth about £824,000. Our annual imports of tin, chiefly from the eastern countries, amounts to 2800 tons. Of this foreign tin there is exported about 350 tons, of British tin 2800 tons. About 600 tons of foreign tin-ore and regulus are also imported yearly. The article tinned plates is shipped yearly to the value of £1,500,000, besides tin and pewter wares to the extent of £30,000 to £40,000. TOBACCO. In order to show the progress of the tobacco trade in a series of years, I direct attention to the following official returns : — TOBACCO STATISTICS. Years. Quantity Imported. Retained for home consumption. 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 5 Manufactured f Unmanufactured $ Manufactured l Unmanufactured ( Manufactured ( Unmanufactured ( Manufactured I Unmanufactured ( Manufactured I Unmanufactured ( Manufactured ( Unmanufactured ( Manufactured ( Unmanufactured ( Manufactured ( Unmanufactured ( Manufactured ( Unmanufactured { Manufactured ( Unmanufactured lbs. 1,557,518 35,166,358 2,331,862 31,049,654 2.948,515 33,185,035 4,312.037 29,348,568 2.710,063 32 492,851 2 651.514 36,820.846 1,855,104 44,788,130 1,699.177 42,04*. -35 2,573.925 49,643,780 2,064,6S6 4S,606,579 lbs. 196,446 27,387.960 209,337 27,705,687 199,711 28,218.857 216,127 29,318,563 205,910 30,198,975 2 18. .5*3 30,274,001 249.237 32,329.731 152,880 32,604,033 259,939 33,850,911 297,976 34,192,075 TOB 304 TUN The progress of the export trade since 1852 may be thus traced: — EXPORTS OF TOBACCO. Manufactured. Unmanufactured. Tears. Manufactured. Unmanufactured. ea lbs. lbs. lbs. lbs. 1852 1,808,596 6,574,954 1856 1,542,381 10,507,219 1853 2,107,893 9,195,576 1857 930,827 10,663,979 1854 2,440,257 11,318,594 1858 1,245,263 9,25S,973 1855 2,114,121 8,719,884 1859 1,555,345 11,171,384 These statistics prove that the trade is liable to severe fluctuations, and that the gains or losses of those immediately interested in it must be of an extensive character. This point, however, is an individual, and not a national question ; but, viewing it in the latter light, we may reasonably ask — would it be wise to abolish duties upon a single article of luxury which yield an amount equal to an annual income tax of fivepence in the pound, in order that we may have an additional number of confirmed consumers of tobacco at a lower cost to them- selves? The amount of revenue from tobacco must seem enormous, when we draw attention to the annexed returns, showing the net produce in a series of years : — 1850 1851 1852 1853 1854 NETT DUTY ON TOBACCO. 1855 1856 £3,683,208 4,466,499 4,542,571 4,728,642 4,773,555 1857 1858 1859 £4,821,600 5,019,682 5,103,528 5,212,604 5,552,347 The duty on tobacco is still 3s Id and a fraction per pound. TREATIES OF COMMERCE. With the following countries we have treaties of reciprocity, containing " most favoured nation" clauses, and clauses providing that British ships shall receive national treatment unconditionally: — Bolivia, Buenos Ayres, Chili, Honduras, Johanna, Mecklenburg- Schwerin, Mecklenburgh-Strelitz, Mexico, Morocco, New Granada, Oldenburgh, the Roman States, and Venezuela. With the following countries we have treaties of a similar kind, but in which the most favoured nation clause is conditional: Austria, Costa Rica, Dominica, Equator, Guatemala, Hanover, Liberia, Para- guay, Russia, Sardinia, the Sandwich Islands, and Uruguay. With Abyssinia we have a treaty of reciprocity with a most favoured nation clause; with Belgium one with a national treatment clause ; with Borneo a simple treaty, not of reciprocity, containing a most favoured nation clause, and one pro- viding that British ships do not pay more than a dollar per ton ; with China, Japan, and Persia a simple treaty, containing most favoured nation clauses ; with Denmark a reciprocity treaty providing for national treatment; with France, a treaty of reciprocity, dated January, 1826, with a most favoured nation clause, and provision for national treatment in direct trade and in ballast; with Frankfort, Greece, Prussia, and Tuscany, reciprocity treaties providing for national treatment; and with Muscat, a simple treaty with a most favoured nation clause, and provision that sums not exceeding 5 per cent, on imports shall cover tonnage dues. With the Netherlands we have treaties of recipro- city, placing us conditionally on the footing of the most favoured nation, and providing for national treatment. With Peru we have a reciprocity treaty, with a conditional most favoured clause, and provision for national treatment on vessels over 200 tons ; with Portugal and Sicily a similar treaty, providing for national treatment in direct trade and ballast. With Siam we have a simple treaty, with a most favoured clause, which provides that British shipping shall be exempt. Finally, with Switzerland and Turkey we have reciprocity treaties with a most favoured nation clause. TRIPOLI. The number of vessels that entered at Tripoli, in 1857, was 151 of 16,007 tons, bringing cargoes valued at XI 10,800, of the vessels 27 of 2424 tons were British. TUNIS. The number of vessels that entered at the Port of Golitta, (Tunis) TUB 305 TUE in 1854, wos 547, of 63,398 tons, bringing merchandize of the value of £326,463; of these 68 ships and 17,071 tons -were British. TURMERIC. The imports of this root are now large, amounting in the three years ending with 1859, to 2200 tons, worth about £15. 10* per ton. TURPENTINE. The foreign imports of this oleo-resin, chiefly received from the United States, seem to be on the decline. The imports in the last fifteen years have ranged from 13,500 tons to 24,000 tons, per annum. In 1840, the imports were 381,502 cwts.; in 1850, 437,121 cwts.; and in 1859,256,663 cwts. TURKEY. According to the census taken in 1844, the population of the Turkish Empire was in Europe 15,500,000; in Asia, 16,050,000; in Africa, 3,800,000. Total, 35,350,000. Our exports to Turkey Proper average about £4,000,000, and our imports therefrom £2,730,000. Finances. The public debt of the Ottoman Empire in 1854, including the floating debt and paper money, stood at about £9,000,000, since then the Russian war and other expenses have further disorganized the finances — and there hai been a great accumulation of debt. In 1854 a loan of £5,000,000 at 6 per cent was announced, but only £3,000,000 issued. In August, 1855, a 4 per cent loan for £5,000,000 was concluded under the guarantee of England and France to afford the Government pecuniary assistance in its struggle against Russia. In December, 1856, another loan was raised of £12,000,000 at 6 per cent, of which five millions were applied to the necessities of the State, three millions fbr the Sultan, and four millions for redeeming the paper money, and to equalize and render uniform the depreciated silver and copper coin. In May 1858, a loan for £5,000,000 was contracted locally at 7 percent, and new State obligations issued for £4,250,000 at 6 per cent. In October, 1858, another loan of £5,000,000 was brought out, and in the close of 1860 a further loan of about £16,000,000 was sought in France and partially obtained. The ordinary revenue of Turkey is about £6,732,000, besides £427,350 tri- bute from the dependent provinces. The expenditure and official peculation are great; but the resources of the country are considerable, and if duly developed, will, with peace, extended trade, and improved internal means of communication, do much towards benefiting the country. Ports. Constantinople. The vessels that entered at Constantinople in 1856 were 17,868, measuring 3,750,000 tons. The following is a Tabular Report of the Shipping Statistics of the Port of Constantinople for the year 1859: — Countries. Arrivals. Tons. Depar- tures. Tons. Total of Ships. Total of Tons. /Turkey 4,845 559,862 4,389 497,012 9,234 1,056,874 « on I Walhichia 420 39,095 437 43,502 857 82,597 ¥ £ { Moldavia 170 16,060 164 15,131 334 31,191 = t, I Servia ^ ' Samoa 41 9,808 44 5,548 85 13,356 216 20,090 217 19,795 433 39,885 America - 26 9,201 26 9,201 52 18,402 England - 1,563 460,166 1,612 474,915 3,175 9^5,081 Austria 96-5 349,236 953 354.292 1,948 703,522 Belgium 10 3,9i>7 10 3,997 20 7,294 Bremen 8 1,933 8 1,933 16 3,866 Denmark - 31 5,579 31 5,579 62 11,158 Spain 2 1,030 2 1,030 4 2,060 France 113 24,357 113 21,357 226 48,714 Greece 3,3o4 557,703 3,376 558,703 6,730 1,110,406 Holland - 136 20,973 133 20,569 269 41.542 Ionian Islands 467 80,065 452 77,593 919 157,558 Lubeck 1 91 1 91 2 182 Mecklenburg 110 12,152 115 11,012 234 23,964 Naples 351 106,851 364 102,502 715 208,753 Prussia 109 24,618 112 25,947 221 50,565 Russia 406 165,896 417 167,970 823 333,766 Sweden and Norway 337 87,216 332 85,8C8 670 173,680 Totals - 13,691 2,553,270 13,338 2,607,247 27,029 5,060,526 TUB 30G UNI The value of the imports into the port of Smyrna is about £2,600,000, and of the exports nearly the same. In 1856, 1772 vessels, of 442,253 tons, arrived at Smyrna. At Samsoon, the imports in the same year were, in British steamers, £318,651; exports, £202,167. The imports at Rhodes by British steamers in 1857 were £129,774, and the exports to the value of £95,697. At Alexandretta, in Syria, the vessels which entered in 1856 were 196 ships, and 66,557 tons, of which 41 ships, and 13,659 tons, were British. At the Moldavian port of Galatz, on the Danube, in 1852, 628 vessels cleared, of 104,189 tons, of which 165, and 28,545 tons were British. Their cargoes were principally grain, comprising 187,555 quarters of wheat, 96,900 quarters of rye, and 329,279 quarters of maize. The value of the imports at Galatz in 1855 were £624,880, and of the exports £1,174,360. At the port of Ibraila, 1128 ships, registering 195,418 tons, cleared in 1852, taking cargoes comprising 343,584 qrs. of wheat, 80,278 qrs. of barley, and 725,259 qrs. of maize. Of the ships, 174, of 33,775 tons, were British. The value of the imports at Ibraila in 1855 were £152,120, and of the exports £ 1,523,720. The declared value of British exports to Wallachia and Moldavia averaged £150,000, and to Smyrna and Palestine £700,000. TUSCANY. The Grand Duke Leopold having quitted the Duchy in April, 1860, owing to a popular movement, a provisional Government was formed, and the Duchy annexed to Sardinia. The population in August, 1859, was 1,806,940. The city of Florence had 114,081 inhabitants. The revenue is about £1,500,000. The public debt in 1856 stood at £4,162,442. The imports in 1855 were of the value of £3,006,564, and the exports of £2,323,238. The number of vessels that entered the port of Leghorn *n 1856 were 4667, of these 227, and 59,593 tons, were British. The British trade with Tuscany is exports to the value of about £1,000,000, and of imports £600,000. The number of vessels belonging to the State in 1858 comprised 959, measuring 59,023 tons, of which 184 vessels, and 38,499 tons, were square- rigged, and the rest lateen-rigged. UNITED KINGDOM OF GREAT BRITAIN AND niELAND. Under the articles Balance of Trade, Colonies, Commerce, Exports, Revenue and Expenditure, and other special heads, all the departments of British industry, production and finance, have been noticed, it will therefore suffice to introduce here statistics of population, &c. and later returns than were accessible when previous sheets were sent to press. The population of the divisions of the Kingdom may be stated as follows:— Census of 1851. Estimated 1859. England and Wales - » 17,927,609 19,853,610 Scotland and British Isles - 3,031,868 3,139,860 Ireland - 6,552,386 6,020,423 Army and Navy afloat - - 162,490 27,674,353 29,013,893 The population of the principal towns of the Kingdom, according to the census of 1851, was as follows: London, 2,362,236 (now assumed to be 3,000,000); Liverpool, 375,955; Manchester, with Salford, 401,321; Birmingham, 232,841; Leeds, 172,270; Bristol, 137,328; Sheffield, 135,310; Glasgow, 329,097; Edin- burgh, 160,302; Dublin, 258,361; Belfast, 100,300. The large decrease in the population of Ireland is to be ascribed to emigration. The number of electors registered in England and Wales in 1859, borough and county, was 968,892; in Scotland, 105,1 30; in Ireland, 200,242. Total, 1,274,264. The number of inhabited houses in 1851 was, in England and Wales, 3,278,039; Scotland,366,650; Ireland, 1,047,735; United Kingdom, 4,692,424. The number of members returned to the House of Commons is now 654. The amount of pro- perty assessed to the property and income tax in the United Kingdom in 1857, under the three principal schedules, was nearly £267,000,000. The gross esti- mated rental of property assessed to the poor rate in England and YY ales was £86,077,676, the rateable value as assessed being £71,840,271. The estimated rental for other parts of the kingdom has not been ascertained. UNI 307 UNI ScHEDVLES. England and Wales. Scotland. Ireland. Amount of Property Assessed to Property and Income Tax in 1857 under Schedule A B - D - £ 103,496,253 41,186,404 73,511,927 £ 12,582,749 5,932,156 14,109,149 £ 11,915,286 2,582,538 4,577,874 Customs Duty collected at the principal Ports in 1859. England. £ Scotland. £ London 12,740,241 Glasgow - 813,090 Liverpool - 3,661,662 Greenock - 808,454 Bristol 1,283,549 Leith 512,872 Hull 297,406 Aberdeen - 97,251 Newcastle - 279,890 Port Glasgow 70,362 Plymouth - 234,796 Dundee 66,251 Manchester 189,817 Grangemouth 27,469 Folkestone 177,980 Montrose - 25,045 Exeter 102,154 Perth 18,537 Sunderland 99,115 Stockton - 80,299 Ireland. Gloucester 79,960 Dublin 1,053,510 Chester 72,623 Belfast 375.975 Preston 69,182 Cork 205,327 Whitehaven 68,780 Limerick - 173,466 Shields 56,336 Londonderry 128,183 Grimsby - 47,800 Waterford 85,697 Portsmouth 38,257 Newry 31,780 Yarmouth 35,357 Dundalk - 30,575 Hartlepool 33,666 Galway 29,784 Newhaven - 30,657 Sligo 24,141 The following table, taken in connection with that given nnder Shipping at pages 266 and 271, furnishes the latest particulars respecting the statistics of the British colonies and possessions. Population, Revenue, Debt, and External Commerce of the British Colonies and Possessions beyond the seas. British Colonies and Possessions. Population. Revenue. Debt. Imports. Exports. Total Ex- ports and Imports. £ £ £ £ £ EuropeanPossessions, Heligoland 2,800 — — not asce rtained Gibraltar 17,750 31,653 none — — Malta and Gozo 140,951 142,383 none* 2,195,114 1,528,994 3,724.108 Ionian Isles - 229,736 201,276 300,000 1,323,808 972,474 2,296,282 Asiatic Possessions. India - 185,903.277 31,706,776 97,851,807 11,093,065 28,278,474 59,371,539 Ceylon - 1,759.528 651,961 none 3,444,889 2,328,791 5,773,680 Hong Kong - 62.476 none not asce rtained Labuan - 1,163 8,788 none 16,097 5,069 21,166 Straits Settlements - 252,000 not known none 8,000,000 7,000,000 15,000,000 African Colonies. Mauritius and Sey- chelles 240,000 553.167 none 2,785,353 2,209,070 4,994,429 Cape Colony - 494.989 366,711 2,495,341 1,798,179 4,293,520 Natal - 121,0<;8 50,905 165,000 184,549 82,497 267,046 British Kaffraria - unknown — — - — — — St. Helena 5,490 19,530 none 100,119 27,972 128,091 Settlements on West Coast Carried forward - 195,357 53,663 none 330,955 606,945 987,900 189,216,719 33,980,567 99,185,518 52,019,290 44,838,471 96,857,761 UNI 308 UNI British Colonies and Possessions. Population. Revenue. Debt. Imports. Exports. Total Ex- ports and Imports. £ £ £ £ £ Brought forward - 189,216,719 33,980,567 99,185,518 52,019,290 44,838,471 96,857,761 Australasia. New South Wales & Queen's Land - 342,062 1,540,550 2.500,000 6,059,366 4,186,277 10,245,643 Victoria - 504,519 3,257,724 6,250,000 15,108,249 13,989 209 29,097,458 South Australia 118,665 601,500 300,000 1,769,352 1,512,185 3,281,547 Western Australia - 14,776 52,804 none 144,932 78,649 223,581 Tasmania 84,080 599,524 345.2G0 1,328.612 1,151,609 2,480,221 New Zealand - 114,867 341,655 500,000 1,141,273 458,023 1,599,296 American Colonies. British Columbia - 6,000 50,000 pone 177,219 168,000 345,219 Vancouver 18,000 not known none not asce rtained Labrador 5,0C0 none none „ ' Canada - 2,571,437 1,985,457 11,661,010 6.542,669 5,281,337 11,824,006 New Brunswick 193,800 106,963 226,025 1,162,771 810,779 1.973,550 Nova Scotia - 276,117 300,000 200,000 1,936,176 1,393,566 3,329,742 Prince Edward Island 71,496 22,195 none 186,229 153,071 339,300 Newfoundland 122,638 141, 12S 182,500 1,172,862 1,318,836 2,491,098 Bermudas 10,982 15,803 none 141,203 27,210 168,413 West Indies. Bahamas 27,619 33,136 5,953 none 190,523 92,156 282,679 Turks Island - 3,250 none 33,418 29,274 62,692 Jamaica 377,433 216,483 837,880 1,058,654 1,179,014 2,237,668 Virgin Islands 6,053 1,389 none 5,077 10,253 15,330 St. Kitts - 20,741 23,356 none 161,317 187,901 349,218 Nevis - 9,571 6,433 none 36,721 45,623 82,344 Antigua and Mont- serrat 42,451 43,658 45,000 284,179 342,670 626,849 Dominica 25,230 13,529 8,000 64,543 84,906 149,449 St. Lucia 26,050 13,191 15,000 102,036 94 659 196,695 St Vincent - 30,128 20,874 none 160,948 181,934 342,882 Barbados 135,939 96,915 none 1,325,118 1,468,450 2,793,568 Grenada m 32,671 17,660 7,000 103,165 185,613 288,778 Tobago - 14,378 9,654 none 62,137 72.401 134,538 Trinidad - 68,600 145,391 166,073 825,969 785,863 1,611,832 Honduras 29,000 27,848 none 207,908 380,378 588,286 British Guiana 127,695 273,295 250,000 886,016 1,331,371 2,217,387 Falkland Isles - Total - - 621 7,741 none 11,300 11,800 23,100 194,648,588 43,952,376 122,679,266 94,409.232 31,851,488 176,260,730 UNITED STATES. The total population, according to the decennial census of 1860, numbered 31,374,856, classified as follows : — Free population of the 33 States - 27,112,000 Slaves in the States - - 3,878,000 Population in the Territories, including Kansas - 384,856 Census of 1850 Increase in 10 years Increase per annum Per centage of increase in the decade Eight States contain more than 1,000,000 inhabitants each. New York Pennsylvania Ohio Illinois Virginia Indiana Massachusetts Georgia Of these eight States only the fifth and last are slaveholding. During the ten years Illinois has overtaken the four States last on the list. In other Total 31,374,856 " 23,191,074 _ 8,183,782 - 818,378 - 35 ntants each These are I860. 1850. 3,827,000 3,097,324 2,913,441 2,811,786 2,283.982 1,980,329 1,789,496 851,470 1,658,190 1,421,661 1,347,000 9S8,416 1,331,499 924,514 1,075,977 906,185 TIjST 309 UNI respects their relative positions are unchanged since 1850. Virginia, which in the census of 1790 occupied the first place, has gradually sunk to the fifth. The growth in population of three other north-western States is remarkable : — I860. 1850. Michigan .... 749,969 397,654 Wisconsin - 777,771 3o5,39l Iowa .... 776,435 102,214 The cities containing a population of more than 40,000 number 21. The area of the Free Labour States is 859,000 square miles ; of the Slave States, 959,580 ; and of the territories in which the question of Free or Slave Labour is undetermined, 1,363,730 : giving a total area for the United States of 3,182,310 square miles. The real and personal property in the Free States is valued at 4,102,172,108 dollars. Do. in the Slave States, including slaves . . . 2,936,081,731 dollars. Do. in the Slave States, not including slaves . . 1,336,090,737 dollars. The value of the slaves is computed for the whole slave-population at 500 dollars per head. The total number of persons holding slaves is 347,525. The revenue of the Republic in 1858 amounted to 70,273,870 dollars, or £14,640,388 ; and the expenditure to 81,585,668 dollars, or £16,997,014. Customs yielded 41,789,621 dollars ; sale of lands, 3,513,716 dollars; and "mis- cellaneous" items the large sum of 24,970,533 dollars. The items of expenditure were: — Civil list, 7,059,197 dollars; foreign intercourse, 1,391,408 dollars; In- terior Department, 6,051,923 dollars; War Department, 25,485,384 dollars; Naval Department, 13,976,000 dollars; and Public Debt, 9,684,538 dollars. The Public Debt itself stood in 1858 at 44,910,778 dollars, or £9,356,412. The total registered and enrolled sailing tonnage of the United States was 4,320,417, and the steam tonnage 729,390 ; 1225 vessels, of 242,287 tons, were built in that year ; 4,395,642 tons of American shipping entered ports of the States, and 4,490,033 tons cleared out thence. The foreign tonnage exceeded 2,200,000 tons. The imports of the States in 1858 (exclusive of coin and bullion) were valued at £54,862,220, and its exports at £56,669,015. The value of the domestic produee exported figures for 251,351,033 dollars, out of the total, 272,011,274 dollars. The bullion„imported was £4,015,520, and that exported £10,965,239. The imports from Great Britain figure for 127,589,552 dollars, and the exports thereto for 204,049,595 dollars. The imports from France figure for 35,536,643 dollars, and the exports thereto for 33,663,793 dollars. Spain stands next ; the imports thence stand at 37,729,527 dollars, and the exports thereto at 25,210,961 dollars. The exports of domestic produce from the States included in 1858 : — 8,283,812 lbs. of tallow, 3,082,117 lbs. of butter, 8,098,527 lbs. of cheese, 20,954,374 lbs. of ham and bacon, 33,022,286 lbs. of lard, 8,926,196 bushels of wheat, 3,512,169 barrels of flour, 4,766,145 bushels of Indian corn, (cotton mentioned below), 5,410,225 lbs. of brown sugar, 3,784,557 lbs. of candles, 4,738,981 lbs. of soap, 2,778,414 lbs. of gunpowder, 3,714,576 lbs. of nails, 2,505,367 lbs. of leather, 1,790,895 lbs. of refined sugar, 1,000,997 gallons of grain spirits, and 3,508,071 gallons of molasses spirits, 11,247,819 lbs. of tobacco and snuff, and 2,457,255 gallons of " spirits " (oil ?) of turpentine. The value of the cotton exported was 131,386,661 dollars, and the price per lb. (average) 11.70 cents. Great Britain in 1858 took 780,952,389 lbs. of cotton, and France 178,789,761 lbs. 56,491,655 pieces of money, value 61,357,088 dollars, were coined at the Mint of the United States in 1858. There are several gold coins, called double-eagles, eagles, half-eagles, quarter-eagles, and dollars. The silver coins are chiefly dollars and fractions of dollars, dimes, half-dimes, three-cent pieces, and " fire-bars." There were, in 1858, 1422 banks and branches in the Union, with a paid-up capital of 394,622,799 dollars. Their circulation was 155,208,344 dollars, and the amount of their deposits 185,932,049 dollars. The aggregate of immediate liabilities was 392,310,268 dollars, and that of immediate means 170,293,511 dollars. In 1856 there were 25,565 post-offices, with a revenue of 7,620,822 dollars, and an expenditure of 10,405,286 dollars. The exports of the principal staples of the United States in 1858 were as follows:— Cotton, 1,118,624,012 lbs., rice, 64,015 tierces, value 1,870,578 UNI 310 UNI dollars; tobacco, 127,670 hhds. value 17,009,767 dollars; snuff and manufactured tobacco, value 2,410,224 dollars; bread-stuffs and provisions, value 50,683,235 dollars. The following shows the aggregate value of the imports and exports for the five years ending July 1860. Exports. 1856 1857 1858 1859 1860 326,964,918 dollars. 362,949,144 „ 324,644,421 „ 356,789,462 „ 400,122,296 „ Imports. 314,639,942 dollars. 360,890.141 „ 262,613,150 „ 388,768,130 „ 362,163,941 „ For 5 years - 1,771,470,241 „ 1,659,075,304 „ Excess of exports over imports 112,394,937 dollars. Value of Imports from and Exports to Foreign Countries in 1858. Imports. Exports. Dollars. Dollars. United Kingdom 95,730,658 168,095,848 British Colonies and Possessions 31,887,396 35,953,747 France - 35,291,521 32,741,917 Hanse Towns 14,164,486 13,212,621 Cuba - 27,214,846 14,433,191 All other parts of the world 134,579,228 92,752,138 Tonnage of the United States, the 30th June, 1855. The registered vessels employed in the foreign trade The enrolled vessels employed in the coasting trade . 2,491,108 The licensed vessels under twenty tons employed in the coasting trade . . . . . .52,147 Tons. 2,535,136 The enrolled vessels employed in the cod fishery . t 102,927 The enrolled vessels employed in the mackerel fishery . 21,624 The enrolled vessels employed in the whale fishery . . 71 The licensed vessels under twenty tons employed in the cod fishery 8,987 2,543,255 — 133,609 Total , The registered tonnage employed in the whale fishery . . . The registered tonnage employed other than in the whale fishery ; Total ... The aggregate amount of the tonnage of the United States on the 30th June, 1855 . . • . . . Whereof, Permanent registered tonnage • . , 1,957,796 Temporary registered tonnage 577,430 5,212,000 186,778 2,348,358 Total registered tonnaga I • Permanent enrolled tonnage . 2,602,499 Temporary enrolled tonnage . . 13,231 Total enrolled tonnage .... Licensed tonnage under twenty tons employed in the cod fishery . 8,987 Total licensed tonnage under twenty tons . . — Total ..... Of the enrolled and licensed tonnage there were employed on the Coasting trade ...... Cod fishery ....... Mackerel fishery ..... . Whale fishery . » • . . Total . I 5,212,000 2,535,226 2,615,730 61,044 5,212,000 2,491,108 102,927 . 21,624 70 2,615,730 vm 311 UNI Of the registered tonnage, amounting, as above stated, to 2,535,136, there were em- ployed in steam navigation .... 115,045 Of the enrolled tonnage, amounting, as above stated, to 2,615,730, there were employed in steam navigation ..... 655,239 Total steam tonnage .... 770,284 The total tonnage seems rather to have decreased than increased. In 1858 the aggregate tonnage was 5,049,807 tons, of which 2,361,595 tons was em- ployed in the coasting trade. Population of the Eighteen Free States, according to the latest accounts, and their Debt as returned on the 1st January, 1859. Population. Debt— Dollars. California 507,067 4,043,486 Connecticut 370,792 65,000 Illinois 1,789,496 11,138,454 Indiana 1,847,000 9,241,529 Iowa 776,435 128,010 Maine 583,169 1,034,277 Massachusetts 1,331,499 6,313,456 Michigan 749,969 2,3*7,630 Minnesota 150,042 250,000 New Hampshire 317,976 none New York 3,827,000 32,441,944 New Jersey 489,555 95,000 Ohio 2,283,982 17,131,219 Oregon 43,000 none Pennsylvania 2,913,441 39,268,111 Rhode Island 147,545 386,311 "Vermont 314,120 none Wisconsin 777,771 100,000 The population of the Territories a few years ago was as follows : — Utah, 11,380; New Mexico, 61,547; Washington, 10,000; Kansas, 75,000; Nebraska, 10,716; Arizona, 10,000; Dacotah, 8000; Jefferson and Nevada, not stated. Kansas was in 1861 admitted into the Union as a Free State. According to the census of 1860, the details of which are not yet published, the aggregate population of these Territories was 384,856. Population and Debt of the Fifteen Slave States. States. Population. D^bt— Dollars. Alabama 841.704 5,098,000 Arkansas 331,213 2,981,133 Delaware 91,532 none Florida 110 823 158 000 Georgia 1,075,977 3,354,750 Kentucky 982,405 5,479,244 Louisiana - 646,971 10,701,642 Maryland 583,034 14,854,204 Mississippi 606,526 7,271,707 Missouri 682,044 19,038,000 North Carolina «. 869,039 7,181,923 South Carolina 668,507 6,192,743 Tennessee 1,002,717 16,643,607 Texas 212,592 none Virginia 1,658,190 33,005.159 District of Columbia 51,687 none In the year ending June 30, 1859, the value of the exports of the six principal Southern States, South Carolina, Georgia, Alabama, Florida, Louisiana, and UNI 312 uisri Texas was 171,184,205 dollars, or seven times as large as the exports of the six New England States. Progress of the Exports and Imports of the United States for Eighteen Years. Value in Dollars. Export?, American Produce. Total Exports. Imports. 1842 92 969,995 104,691,534 100,162,087 1843 *77,'793,783 84,346,480* 64,753.799* 1844 99,715,179 111,200,046 108,435,035 1845 99,299,776 114,646,606 117,254,564 1846 102,141,893 113,488,516 121.691,797 1847 150,637,464 158,648,622 146,545,638 1848 132,904,121 154,032 131 154,998,928 1849 132,666,955 145,755,820 147,857,439 1850 136,946,912 151,898,720 178,138,318 1851 196,6S9,718 218,388,011 216,224,932 1852 192,368,984 209,658,366 212,945,442 1853 213,417.697 230,976,157 267,978,647 1854 252,047,806 278,241,064 304.562,381 1855 246,708,553 275,150,846 261,468,520 1856 310,586,330 326,964,908 314,639,942 1857 338,985,065 362,960,682 360,890,141 1858 293,758,279 324,644,421 282,613,150 1859 ■ ~"~ 356,789.462 338,768,130 Only nine months of 1843. The Progress in Population and Commerce of the Principal Ports will be seen from the following details :— Boston. The population of this city, which in 1850 was 136,881, was re- turned in 1860 at 177,902. The great increase of ocean traffic by the Cunard steamers, and the Indian trade, have greatly improved the commerce of the port. In 1840-41 there were exported from Calcutta to the United States, in 21 small ships, about 1700 tons of goods, of which the first cost and freight did not exceed 1,250,000 dollars, while in the year 1856 there arrived in the United States from Calcutta 93 ships, many of them upwards of 2000 tons burden, bringing 132,635 tons of goods, of which the freight alone, at a fair average rate of 14 dollars per ton, was 1,850,000 dollars, and the first cost in Calcutta 75 dollars per ton, would make an aggregate of more than 10,000,000 dollars. Shipbuilding and the prosecution of the fisheries are much carried on from Boston. In 1850 the foreign arrivals at Boston numbered 3000 vessels, the im- ports were valued at 30,000,000 dollars; the exports at 9,400,000 dollars, and the real and personal estate of the city at 180,000,000 dollars. In 1856, the total value of the exports from Boston was £5,378,622, of which £2,932,551 were shipped in foreign vessels. The value of the imports in the same year was £8,602,980, of which more than one-third was from Great Britain. New York. The population of the city of New York increased between 1850 and 1860 from 515,647 souls to 814,277. The appended statistics present the latest returns of the shipping trade of the port. The number of American vessels entered during 1859 was 2586, and the amount of tonnage 1,302,024,— whilst during the same period 1319 foreign vessels entered, with a tonnage of 597,826. The following table shows the comparative entries of American and foreign ships at this port during ten years :— UNI 313 UNI Tonnage entered at New York from Foreign Ports. Arrivals. American Foreign Total 1850 - Tonnage Tonnage. Tonnage. 3313 807,580 441,756 1,249,336 1851 - 3840 1,144,585 479,556 1,624,051 1852 - 3837 1,231 651 478,037 1,709,988 1853 - 4079 1.321.674 491,580 1,813,254 1854 - 4047 1,422.282 477,034 1,919.416 1855 - 3391 1,340.257 220,000 1,562.257 1856 - 386 1 1,684,596 386,262 2,070,858 1857 - 3851 1,478,579 492,425 1,971,004 1858 - 3421 1,200,043 433,828 1,693>7 1 1859 - 3905 1,302,024 597,826 l.S99,850 In comparing the tonnage of 1859 with an average of the nine previous year?, we find the increase in the tonnage of American entries to be only 4£ per cent, whilst the increase of foreign is in the ratio of 38 per cent. The number of vessels cleared at New York during 1859 was 3253, including 981,619 of Ameri- can tonnage, and 602,569 of foreign. The following is a comparative statement of the total American and foreign vessels cleared at New York for foreign ports from the year 1852 to 1859 inclusive : — No. of Vessels. Tonnage. 3035 1,355,818 3469 1,521,286 3278 1,528.104 3025 1,426,201 3364 1,709,738 2947 1,622.707 2851 1,380,295 3253 1,584,188 1852 1853 1854 1855 1856 1857 1858 1859 The returns for the coasting trade show a larger amount of tonnage entered in 1859 than during any previous year excepting 1855, when the amount entered was 614,045 tons against 572,232 tons in 1859. The coastwise clearances, how- ever, are the largest of any period. We append the following summary of the official returns of the domestic trade during the last ten years : — Entered Coastwise. Tons. No. of Vessels. Cleared Coastwise. 1850 No. of Vessels. Tons. 192S 489,395 4719 1,020,070 1851 1768 455.542 4803 1,214.942 1852 1766 497,S40 4680 1,173.762 1853 1733 507,531 4789 1.310,097 1854 1880 543,452 4779 1.499,969 1855 1966 614,045 4563 1.378,S88 1856 1669 539,461 4696 1,-1>2.310 1857 1569 503,679 4182 1.-125,810 1858 1559 499,138 4381 1,640,473 1859 1838 572,232 4698 1,726,993 This return must necessarily be imperfect, owing to the incompleteness of the system by which it has been obtained. The law passed by Congress for ensuring a systematic return of the coasting trade, remains comparatively a dead letter-^ it is to be trusted, however, that for the interests of commerce, the proper authorities will enforce its strict execution. UNI 314 TJRT7 Philadelphia. The population of this city which in 1850 was 408,762, is now 568,034. There are in this State 1300 miles of canal. Its coal production has been greatly on the increase. Baltimore. The present population of this city is 214,037. The amount of the tonnage of the port in 1850 was 76,022 ; vessels of 500 or 600 tons can lie at the wharves near Fell's Point, and those of 200 tons can go up to the town in the inner harbours. The commerce is great, for which it enjoys peculiar facilities. Cliarleston. The population of this city in 1860 was" 40,194; showing a decline of about 3000 souls since the last decennial census. The commerce of Charleston is extensive. Savannah. The population of this city is about 30,000. It has a good harbour. Vessels drawing only 14 feet of water can come up to the city wharves, but larger vessels lie at Fathom Hole, 3 miles below. Many steamers of a large size navigate the river. Mobile. The population is about 30,000. The value of the cargoes cleared in British ships from this port (chiefly cotton) averages from £1,500,000 to £2,000,000. The British imports are small, only reaching £90,000. In 1856, 84 British vessels of an average tonnage of over 1000 tons entered Mobile, and 85 cleared. American vessels import goods to about £166,000, and take away produce worth £2,000,000 to £3,000,000. Cotton, sawed timber, and naval stores are the chief exports. New Orleans. The population of this city has increased from 116,375 souls in 1850 to 170,766 in 1860. The clearances from the port during the year ending October 1857 were 2185 vessels, measuring 1,117,409 tons. The value of the produce received at the port, from the interior, was £33,000,000. The total value of the foreign imports in the year ending December 1857 was £5,288,068, and of the exports, £23,957,044 sterling. The corporation have farmed out to contractors the right to collect dues from ships, vessels and steam boats, called levee or wharfage dues, as follows : — 20 cents per ton for every vessel of 1000 tons and under, and for any excess of tonnage 15 cents per ton ; thus, a vessel of 500 tons pays 100 dollars, while one of 1200 tons pays 230 dollars. On all steam ships navigating the Gulf of Mexico the rate is 1 5 cents per ton. These dues are higher than in any other city in the United States, and when the heavy expense of pilotage and towage from the bar is included, are extremely onerous and oppressive to the shipping interest. The pilotage charged, which is exacted whether the ship takes a pilot or not, is 3£ dollars per each foot of water the vessel draws, so that a vessel drawing 18 feet pays 63 dollars or £13. 2s 6d. The towage of a vessel from the bar to the city, of 500 tons, is 370 dollars ; of 1000 tons, 643 dollars ; of 1500 tons, 950 dollars ; and for every 25 tons additional, 25 dollars more. The tow- age from the city to the bar is on an average about one-half less than the rate for towing vessels from sea. Besides these dues there are harbour masters and port warden's fees, the former of 3 cents per ton, and the latter 5 dollars per vessel, whether called upon to inspect vessels or not. The Board of Health is also authorized by an Act of the Legislature to charge a fee of 20 dollars for eveiy ship, barque or sea-going steamer entering the river, and the sum of 150 dollars for all other vessels. URUGUAY. The area of this republic now embraces a territory of 102,900 square miles, and a population of 177,300 souls, spread over the following de- partments : — Departments. Population. Montevideo . , , 43,520 Guadeloupe . ( • . .13,000 San Jose ..... 12,500 Colonia del Sacramento . « . 10,320 Soriano . . . , , 13,200 Paysandu, Salto, Tacuarembo • , , 34,560 Cavro Largo . , * , 10,100 Maldonado and Minas . • • ,21,900 Florida . . , , ; 9,400 Between Ii and Rio Negro . a , 8,200 Total 177,300 UEU 315 VAN The value of the exports from Monte Video was in 1856, £906,197 j in 1857, £1,830,269; and in 1858, £1,152,892. They consisted in 1858 chiefly of the following: — 184,389 quintals of salted beef, 10,338 tons of bone and bone ash, 1 ,459,000 shin bones, 82,720 arrobas (of 25 lbs.) of flour, 76,290 arrobas of grease, 40,570 quintals of horse and cow hair, 457,879 ox hides, 136,303 horse hides, 389,700 horns, 1254 dozen of sheep skins, 86,266 arrobas of tallow, 121,592 arrobas of wool, 42,720 fanegas of wheat, and 142 mules. The value of the exports from Monte Video to Great Britain and her colonies in 1857 was £551,791. The entries of vessels at Monte Video have risen from 518 and 107,586 tons in 1852, to 936 and 186,699 tons in 1858. The entries show that 84 British vessels of 23,221 tons were employed in the direct and indirect trade at the port of Monte Video in 1858. Since the end of the siege of Monte Video in 1851, land has increased in value about 75 per cent., and is in great demand. The number of cattle then existing in the Republic was considered to be from 1,500,000 to 1,800,000, and to be worth on an average 35* each. In 1857 they were calculated at 4,000,000, and worth 70* each. Great attention has lately been paid to the rearing of sheep, for which the country is well adapted, and large numbers were imported during 1856 and 1857 from Buenos Ayres, it being considered that the pasturage is better than in that province, and the land drier and yet better watered, and not so subject to droughts. There can be no doubt that the produce of wool will soon be much increased. USURY. By the 17 and 18 Vict. c. 90, all the statutes in England, Scot- land, and Ireland, about twenty in number, relating to usury, were repealed. VALONIA. The imports of this tanning substance are now very large. Under the article Leather, in the Supplement, some details as to imports and range of prices have been given. The Board of Trade returns show that the aggregate imports for 1859 reached 27,579 tons, of the computed real value of £397,054. The Turkish valonia being estimated at £14. 11$ 5d, and the other kinds at £11. per ton. VANCOUVER. A British Colony on the North-West Coast of America, containing 11,570 square miles, and including the island of that name, and the small surrounding islands in the Gulf of Georgia Channel and Atlantic side. The chief town is Victoria, on the south-western extremity. This island was formerly leased to the Hudson's Bay Company, but resumed by the Crown in 1857. The possession of this island to Great Britain is of vast importance politically and commercially. There is not a safe harbour, nor a spot adapted for a commercial port, between San Francisco and this island. Humboldt Bay is capacious, and vessels can lie with tolerable safety when once in, but it is inaccessible in heavy weather, and is difficult of exit. Vancouver island* is situated between lat. 48° 2° and 51° N. and long. 123° and 128° W. Length, N.W. to S.E. 300 miles; greatest breadth, 75 miles. There are said to be 15,000 or 16,000 Indians on the island. The surface is moun- tainous and richly wooded. On its west coast are Nootka Sound and many other harbours. The island is intersected by high mountain ranges, but it has notwithstanding a considerable extent of level and undulating land susceptible of cultivation. The growth of timber is most luxuriant. Pine, spruce, white and red oak, ash, cedar, maple, etc., are found in the utmost profusion — the cedar and pine attaining to an immense size. It is said that the humidity of this climate will prevent this island from ever becoming a wool-growing country, but though it may not produce fine, it would produce coarse wool, and there can be no doubt of its being well fitted, from the luxuriance of its pastures, for the growth and rearing of cattle. There are some very fine pure Southdowns. Other breeds — hybrids of Southdowns, merinos, and other stock — are also in good condition and fair size. Black cattle do well also. The breed is a mix- ture of English and American, which makes very good beef. The horses are little Indian breeds, and some crosses with American stock, all very clean limbed, sound, active, hardy and full of endurance and high spirit. The bays, rivers, and adjacent seas swarm with salmon, sturgeon, herrings, seals, sea-otters, VAN 316 VEN and tortoises , and they are also resorted to by whales. The harbours of the island are, consequently, well fitted for carrying on an extensive and profitable fishery, and also well suited to ship building. The mineral riches have been very im- perfectly explored. Enough, however, is known to establish the fact that immense beds of coal are to be met with in the N.E. parts. In various localities the beds have been found cropping out on the surface, and large supplies have been found with but little difficulty and little expense. The seat of Government is at Victoria, a regularly laid out town, containing about 2000 inhabitants. The harbour of Victoria is small, with a depth of only about eight feet water, but at the town of Esquimault, three miles N. W., there is a most commodious harbour. VAN DIEMEN'S LAND, see Tasmania. VANILLA. The imports of this aromatic pod into the United Kingdom in the four years ending 1859, averaged 5000 lbs. per annum, but the supply and price fluctuate considerably. There is a large consumption on the Continent, and the United States use about 5000 lbs. per annum. The cultivation is now successfully carried on in Bourbon and Mauritius. VEGETABLE WAX. Large quantities of solid vegetable oils are now received from various countries, under the names of vegetable wax and vegetable tallow. The principal of those known are the Carnauba wax imported from Brazil, which is the produce of Copemicia cerifera ; myrtleberry wax, the produce of some species of Myrica in South Africa and North America, the Japan vegetable wax obtained from the fruit of Rhus succedaneum ; the Borneo vegetable tallow; several of the Bassia butters and other kinds. In 1857, 746 cwts. of vegetable wax, valued at £3170 was imported; in 1858, 2081 cwts. of the value of £8823., and in 1859, 31,547 cwts. of the value of £110,406. Since the opening of trade with Japan large quantities of vegetable wax have come forward from that country. VENEZUELA. The population of this little Eepublic, according to the latest returns was 1,564,433, and of the capital, Caraccas, 50,000. The area is stated to be 426,712 square miles. The foreign debt of Venezuela in 1859, including arrears of dividends, was £4,198,225. The State has also a home debt amounting to about £5,000,000, part of which represents the value of the slaves which were emancipated, their owners having been paid in bonds. The value of the imports of the republic in 1856 was £1,119,426, and of the exports £1,327,220. The Customs duties received £381,299. La Guayra. The official value of the imports at this the principal port, in 1857, amounted to £671,253, of which £112,612 was from Great Britain. The value of the exports was £595,600, of which but £21,470 went to Great Britain. The principal exports from La Guayra in 1857, were cocoa, 4,309,007 lbs. ; coffee, 16,030,567 lbs.; cotton, 345,438 lbs. ; hides, 67,080 in number; indigo, 88,785 lbs., and tobacco, 413,290 lbs. Bolivar. At this port on the Orinoco the value of the imports in 1857 was £126,236, and of the exports, £116,847. Nearly all the merchants here are Germans, and a large amount of trade is carried on with the Hanse Towns of Bremen and Hamburgh. British vessels are employed in carrying cattle to the West India Islands. The amount of the direct trade with Venezuela is small. The imports have been declining of lateyearsfrom £47,000 in 1855 to £21,000 in 1859. The value of British manufactures has fluctuated but little, averaging about £320,000 per annum. The following figures show ihe extent of the shipping trade at each port : — Bolivar and other ports on the Orinoco, in 1857, 179 vessels, 17,694 tons; of these 61 vessels of 4900 tons were engaged in the direct trade with the United Kingdom. At Puerto Cabello in 1857,135 vessels of 29,969 tons, and with £246,737 in cargo entered, of which 21 vessels of 5386 tons, and with £93,273 in cargo were from Great Britain. At La Guayra, 230 vessels of 37,913 tons, and cargoes valued at £671,253 entered, of which 15 vessels and 3615 tons were British. The United States and European countries carry on the largest trade. VIC 317 VIC VICTORIA. The rapid strides made by this colony in wealth and popula- tion are mainly due to the gold discoveries of 1851. In 1850 it was detached from New South Wales, of which it was previously a portion, and constituted an independent colony under the title of Victoria. In 1855 it received a repre- sentative constitution. In 1846 Melbourne, the capital, was only an embryo town, with a population of 10,954, now it is a well-arranged municipality, with a population of 125,000. The yield of gold in Victoria between 1851 and 1859 is estimated at more than 25,000,000 ounces, worth about £100,000,000. See the articles Bullion and Gold. In 1835 the first settlement was made in Victoria, whence, up to 1851, the population went on increasing gradually until it reached 77,345 souls in a period of 16 years; but from that date to 1860, it jumped, it may be said, to 530,000 souls. The revenue, which in 1851 was only £316,532, derivadfrom all sources, was £3,308,589 in 1857; of which latter sum, £1,595,283 was derived from re- ceipts at the Custom House, inclusive of gold export duty. The expenditure in 1851 was £409,498, consequently in excess of receipts by nearly £100,000; but increased population required greatly increased expenditure, and unavoidable outlays for roads, bridges, and other public works, and the expenditure in 1859 was £3,662,540. The number of vessels employed in carrying on the export and import trade of the colony has increased 208 per cent, since 1851, when there were 710 ships entered inwards at the Custom House at Melbourne, but 2190 in 1857; the tonnage has advanced between the same dates 438 per cent, from 128,959 to 694,564 tons; and the hands employed 349 per cent., from 7735 to 34,777 men. The exports in 1851 were declared at the value of £1,422,909, but at £15,079,512 in 1857. The imports in 1851 gave a total value of £1,056,439, but in 1857 they were returned at £17,256,209, the greater propor- tion of which were from the mother country. In reference to public works, the statistics show that in 1851 there was not a single mile of macadamised road made beyond the towns of Melbourne and Geelong; but at the close of 1857 there were 470 miles of road formed, 270 of which were macadamised; 300 bridges erected, and many miles of viaducts constructed, at a cost altogether of £4,821,848; and without reference to outlays to a considerable extent by district road boards. Two lines of railway have been constructed by private companies. The first from Melbourne to Hobson's Bay, with a branch to St. Kilda, at a cost of £365,240, inclusive of rolling stock, on which the profits are about 19 per cent, and after deducting expenses and adding to the reserve fund, leave 14 per cent, per annum to the shareholders. The other line is that of Geelong and Melbourne, 42 miles, constructed at a cost of £590,576. Two trunk fines are to be constructed by the Government. Of communications by electric agency, no less than 701 miles have been established in the colony, at a cost of £70,000. There are 22 stations, at the annual expense of £18,000. The total extent of land under culture in 1859 was 297,056 acres. In 1851 there were only six banks, and now there are 54, the paid-up capital of which is £5,423,694. The numbers of live stock in the colony in March, 1 859, were 68,323 horses, 699,330 cattle, and 5,578,413 sheep. The imports of flour in 1858 amounted to 26,276 tons, valued at £524,529. In 1857 the exports of wool amounted to 17,176,920 lbs., valued at £1,334,642, and in 1858 to 21,515,658 lbs., valued at £1,678,290. The value of the imports into the colony in 1858 was 15,108,249, and of the exports £13,989,209, of which £10,107,836 was gold. The direct trade with the United Kingdom has been as follows: — Imports from. Exports to. 18,55 - m £ 1,798, 7C0 £3,245,783 1856 • m 2,033,654 6,517,745 1857 • - 2,472,479 7,511,110 1S5S • - 2,110,277 6,030,344 1859 - - 2,427,820 7,176,448 1860 - - — 5,378,083 The imports are exclusive of gold. VIN 318 WAX VINEGAR. The home manufacture of vinegar was estimated a few years ago at only 2,000,000 gallons, besides 1,250,000 gallons of acetic and pyrolig- neous acids. This would however be a low estimate, seeing that the production when charged with duty twenty years ago, was 3,000,000 gallons. We imported in 1859, 64,436 gallons of foreign vinegar, chiefly from France. Vinegar manu- facturers pay a license duty of £5. 5*. The number of vinegar makers in the United Kingdom in 1859 was 66, namely 58 in England and Wales, 7 in Scot- land, and 1 in Ireland. In 1849 the number was only 58. WATCH. According to the census returns of 1851, there were in London, including every dealer who professed and called himself a watchmaker, about 4,800 persons in the trade. The manufacture is divided into a great many separate branches. Thus, according to the Post-office Directory, there are the following persons engaged : — 862 watch makers, 53 watch case makers, 32 watch secret springers, 37 watch escapement makers, besides 250 other workmen. This was quite exclusive of the workmen, including only those who had business residences and worked on their own account. The number of gold and silver watch cases assayed and marked at the Assay Office of the Goldsmith's Company, is by far the chief proportion of the whole made. The cases are marked, but are not subject to duty ; they weigh on the average about one ounce. The first column of the appended table shows the number for London in each of the years (ending 30th April), and this, if subtracted from the total, will give the number marked at the other Assay offices in, Birmingham and Chester. Gold Watch Cases. Silver Watch Cases. London. Total. London. Total 1848 14,257 16,339 73,071 120,017 1*49 15.167 17,237 63,079 108,538 1850 16,877 19,835 62,076 107,096 1851 18,6i9 24,334 64.709 117,045 1852 20,101 27,197 66,561 117,196 1853 21,533 28,463 78,139 127,922 1854 23,561 33,119 83,466 132,617 1855 20,817 28,512 90,062 138,393 1856 22,931 34,454 96,261 145,156 1857 26,796 40,703 106,860 155,339 1858 24,870 — 83,614 M 1859 24,556 — 78,416 — 18G0 26,966 — 90,320 ~ In 1852 and 1853 the enormous demand for expensive watches in Australia was one of the peculiarities of the export trade. Clerkenwell could not produce them fast enough. At present the watch trade of the world is principally in the hands of the Swiss. Besides the enormous number of watches manufactured in Geneva, not less than 1,500,000 are annually made in the neighbourhood of Neufchatel alone, while, according to the Goldsmiths' Hall returns, the number annually manufactured in England does not exceed 196,000, not enough for the use of the people here. In addition to whatever number were smuggled into the country, duty was paid in 1853 on 42,486 watches; in 1854, on 79,209; in 1855, on 90,670 ; in 1856, on 84,881 ; in 1857, on 79,991 ; in 1858, on 88,710 ; and in 1859, on 105,817. WAX. The commerce in beeswax is more extensive than is generally sup- posed, although it has been interfered with to some extent of late years by the stearines and solid vegetable oils, which come into use for many purposes for which beeswax was formerly employed. The quantity of wax produced in this country it is impossible to estimate precisely, but Sir Richard Phillips, in his Dictionary of Arts, assumed the number of bees in Great Britain and Ireland as sufficient to produce upwards of 1300 tons of wax annually, besides 5000 tons of honey. The imports of wax bleached and unbleached were, in 1858, 11,643 WES 319 WES cwts., of which 3284 were re-exported; and in 1859, 10,762 cwts., of which 3045 cwts. were exported. The bleached wax, 1839 cwts., was worth £10. 10* per cwt. ; the unbleached, £8. 7s per cwt. The bulk of the beeswax received comes from Morocco, Western Africa, and British India. — See Vegetable Wax WESTERN AUSTRALIA. This isolated Australian colony, as compared with the other settlements, has made very slow progress. In 1850 it was with the consent of the colonists made a penal" settlement, and since that period 5250 men have been transported there. The population in 1857 was 13,601 souls. The revenue averages £45,000. 117 vessels of 59,822 tons entered the colony. The value of the imports averages £100,000, and the exports in 1857 were to the value of £60,000. 18,000 acres of land were under crop, of which 11,000 were under wheat. The live-stock numbered 7214 horses, 26,297 cattle, and 198,386 sheep. There were 8 copper-mines worked, and 4 lead mines, the ore from which was valued at £18,000. The wool shipped in 1857 was valued at £36,000, and the timber at £12,000. WEST INDIES (BRITISH). The progress of most of the West India colonies has been materially interfered with by the deficiency of labour, the emancipated negro not caring to give continuous labour. Hence British Guiana, Trinidad, Jamaica, and other colonies, have imported Indian and Chinese la- bourers. Barbados and some other densely populated colonies have not, however, suffered from any deficiency of labour. There are a few local banks in Jamaica and British Guiana, but the Colonial Bank of London conducts the principal exchange operations with the West Indies. This institution, with a paid-up capital of £500,000, has lately greatly improved its position, and paid larger dividends. The latest population returns for the West India colonies will be found under the article United Kingdom at page 307 of this Supplement. The following table shows the total quantities of the leading articles exported in 1851 from the different islands ; to which, for the sake of comparison, we have added the quantities brought from British Guiana, in continuation of the table at page 666. 1851. Sugar. Rum. Coffee. Cwts. Gallons. lbs. Jamaica 485.744 1,660,884 5,594,335 Barbados 600,000 1,700 St. Vincent - 160,000 219,330 1,272 St Lucia 67,502 45,058 18,620 Grenada 120,000 400,000 19,781 Tobago 59,000 123.000 423 Trinidad 400,000 42,120 78,686 Antigua 265,000 16,296 193 St. Kitts 6,000 63 942 Dominica 62,168 30,927 792 Nevis 24,000 18,030 Montserrat - 12,234 4,788 Tortola 3,000 6,866 British Guiana - Total 784,310 1,339,212 17,538 3,043,958 3,942,013 5,731,640 The value of the exports of British produce and manufactures to our West India colonies and British Guiana averages £1,250,000 per annum; and the imports £5,500,000 to £6,500,000. The articles imported from the British West India Islands in 1859 comprised the following: 125,535 lbs. of aloes, 16,210 cwts. of arrow-root, 4,211,185 lbs. of cocoa. 2,571,549 lbs. of coffee, 1452 cwts. of cotton, 1662 tons of fustic, 8614 tons of logwood, and 125 tons of mahogany; 4811 cwts. of ginger, 2471 cwts. of hides, 1,084,082 cocoa-nuts, 15,280 cwts. of pimento from Jamaica, 4,522 lbs. of sarsaparilla, 2,891,772 gallons of rum, 207,450 lbs. of sponge from the Bahamas, 2,331,035 cwts. of sugar, 206,879 cwts. of molasses, 194,500 lbs. of tamarinds, 4888 lbs. of tortoise- shell. WES 320 WES Imports of Staple Products into the United Kingdom from the British West India Islands and British Guiana in 1859. 1859. Sugar. Rum. Coffee. Cotton. Cwts. Galls. Lbs. Lbs. Jamaica - * » 428,926 1,615,564 2,339,913 8,064 Barbados - ■ t 591,371 74,479 45 16,352 St. Vincent •» ■ 124,475 202,641 — 41,440 St. Lucia - m 82,647 8,086 910 — Grenada - m 94,069 193,283 213 63,168 Tobago m 58,501 185,041 — — Trinidad - m 538,152 255.702 49,335 29,008 Antigua - - 196,701 120,059 76 St. Kitts - m m 116,663 133,211 161 4,592 Dominica - - 62,550 83,360 1,229 Nevis » 33 419 19,308 Montserrat • - 3,376 1,188 Tortola - - — — 179,667 Bahamas - . - 191 Demerara - 730,700 2,972,592 919 429,632 Berbice - • 59,964 49,510 841 Total 3,127,705 5,913,874 2,573,309 592,256 WEST INDIA ISLANDS (FOREIGN). Several of these islands have been already noticed in separate articles, such as the Spanish colonies of Cuba and Porto Kico. French Colonies. Guadaloupe. The extent of this island and its depen- dencies is about 138,000 hectares. The population in 1858 was 131,567 souls. The value of the importations in 1856 was 23,671,375 francs, and of the exports 15,147,176 francs. In that year 21,600,000 kilogrammes of sugar and 886,281 litres of rum were shipped to France. The total value of the produce received from the island was 20,000,000 francs. The exports in 1860 were 57,600 hhds. of sugar, 51,432 litres of molasses, 1,272,062 litres of rum and tafia, 248,718 kilos of coffee, 20,977 kilos of cotton, 59,138 kilos of cocoa, 482,095 of logwood, and 132,600 kilos of annotta. Martinique. The population is 136,460 inhabitants, area 98,782 hectares. The aggregate value of the external commerce in 1856 was 44,000,000 francs, of which 20,000,000 was exports. The shipments of sugar to France were 26,636,123 kilogrammes, and of rum 2,781,627 litres, 444,546 kilos of cocoa, and 10,260 kilos of coffee, besides hides, and small quantities of indigo, annotta, dyewoods, and cigars. The actual value of the colonial imports to France is stated at nearly 28,000,000 francs. The exports from Martinique in 1860 were 65,909 hogsheads of sugar, 72,176 litres of molasses, 4,942,745 litres of rum and tafia, 54,848 of coffee, 223,226 of cocoa, 191,036 of cassia bark, and 218,118 of logwood. The commerce of French Guiana, imports and exports, is only to the value of 8,000,000 francs. Dutch Colonies. The value of the imports into Holland from Curacoa and its dependencies in 1857 was 375,771 florins, and of the exports thereto 414,966 florins. The revenue was 257,039 florins, and the expenditure 646,735 florins. The external trade of Surinam with Holland is to the value of 5,750,000 florins. The revenue of the colony 1,000,000 florins, and the expenditure 1,400,000 florins. Our imports thence are only to the value of £7000 or £8000. Danish Colonies. The population of St. Croix in 1855 was 22,862, of St. Thomas 12,360, and of St. John 1715. The computed net value of the imports into the United Kingdom from these islands in 1859 was £124,822. The value of the exports of British produce and manufactures in 1859, was to the — Danish West Indies - - £652,252 Dutch West Indies and Guiana - 40,344 French West Indies and Guiana - 4,895 Spanish West Indies - 1,675,596 £2,373,087 WHA 321 WHA WHALE. The average number of whales killed yearly by British vessels in the Northern fisheries from 1815 to 1834 was 1024; from "l 835 to 1843, 135; from 1844 to 1848, 157, and from 1S49 to 1858, 110. The total number of whales killed in those 43 years must have been nearly 24,000. At least 20 or 30 whales are also killed yearly in the shore fisheries, in the West Indies, Aus- tralia, New Zealand, &c. Computing from the quantity of oil imported, the Americans must have killed, between 1841 and 1856, 51,000 whale-. We have gradually given up our whale fisheries to the Americans; for while thirty or forty years ago we employed between 200 and 300 ships in that trade, the outfit now scarcely amounts to fifty in the year. This abstraction may be attributed to several causes. Firstly, the old cruising grounds in Baffin's Bay and the East Coast of Greenland are pretty well exhausted ; secondly, the sea- sons have been lately very severe and unfavourable for prosecuting the enter- prise; and thirdly, there has been a more active demand for tonnage for all the purposes of transport and the carrying trade. The wages of seamen and all the necessary expenses attending the outfit of ships, have also greatly increased. Hull formerly took the lead in whaling. In 1830, of 91 vessels fitted out in British ports, 33 of 11,000 tons hailed from Hull, 13 from Peterhead, 10 from Aberdeen, and 9 from Dundee. The number of Hull ships engaged in the Northern whale fishery in 1852 was 14, employing 616 men; the total take was 600£ tons of oil, and 30 tons of bone. The value of the two, estima- ting the oil at the average price of £30 per ton, and of bone at £200 would be £24,015. It appears that during the period between 1772 and 1859 Hull had benefited to the extent of nearly 74, millions by the whaling trade, and that upwards of 2000 ships had been at different times sent out. Yet of all enterprises, none can be conceived more venturous or fluctuating. The greatest variations have been experienced. In 1818 and 1819, 64 ships were despatched to the fisheries; in 1837 and for several years afterwards, but 1. In 1834, out of 8 ships sent out, 6 were lost ; in 1818, when 64 ships were sent, only 1 was lost. In 1S20, the value of the produce was £319,000; in 1837, £150. In like manner has the value of bone and oil fluctuated. The price of the former was as high as £55 per ton in 1815 ; in 1806 it was £20. The price of bone has varied even more remarkably. At one time the Dutch were paid by us as much as £700 per ton for it. From 1763 to 1780 it was worth about £ 500 per ton; in 1804 and 1805, it was only worth about £25 per ton, at which it barely paid for cleaning. Even in later years the fluctuation has been more remarkable. £225 was the current figure in 1853, £240 in 1854, £265 in 1855, £300 in 1856, £420 in 1857, £550 in 1858, and £410 in 1859. And yet, notwithstanding all the hazards of the voyage, the variable chances of success, and the fluctuation of markets, the annual produce of the fishery for 80 years has been £85,000 a year, and the average result of each voyage somewhere about £3500. Peterhead has latterly taken the first place in the outfit for the Northern whale fishery, sending away annually about 29 ships. Peterhead received in 71 years 46,267 tuns of oil, the value of which and the whalebone was £2,323,380. The average of the last ten years produced £62,338 per annum. The following Table gives the Total produce of the Fishixgs and the approximate Value of the produce for ten years, 1849-58. The produce of the Seal Fishery has been noticed under that heading. WIIA. 322 WIIA No. of Whales Cwfs. Total Place. taken. Tuns of Oil. of Bone. Value. Peterhead 238 12,161 3209 € 623,380 Fraserburgh - 11 1,101 40 59,060 Banff - — 57 — 3,520 Aberdeen 197 1,921 2228 110,014 Dundee - 270 2,710 3733 143,868 Kirkaldy ... 160 1,511 1878 82,832 Bo'ness - 33 470 568 21,708 Hull - - - 199 3,705 2799 194,642 1108 23,636 14,455 1,239,024 American Whale Fishery. In 1855 the number of vessels engaged in the whale fishery that entered the port of New Bedford was 104, and the value of the oil and bone imported was £1,250,000. In 1846 there were 678 American ships and barques, 35 brigs, and 22 schooners, in all 233,189 aggregate tonnage, employed in the whale fishery, chiefly in the South Seas and North Pacific. Going back seven years, we find that the number of vessels was nearly 670; on the 1st of Januaiy, 1861, it was only 514, showing a decrease, as compared with the previous year, of 55 vessels, with an aggregate of 18,803 tons. Three-fifths of these whaling ships are engaged in the North Pacific, which is the most profitable cruising ground. The remaining two-fifths are scattered over the North and South Atlantic, South Pacific and Indian Oceans. As late as 1800, 200 barrels of oil was considered a high average for each vessel for the season's catch, but then the cruising grounds were mostly in the North and South Atlantic. The average take for the North Pacific fleet, for several years past, has been about 1000 barrels for each ship. A Polar whale yields, on an average, about 120 barrels of oil, each 36 gallons. In 1850 the imports into the United States were nearly 93,000 barrels of sperm oil, 201,000 barrels of whale oil, and about 3,000,000 lbs. of bone. The whole imports for 1859 were as follows : — Sperm, 9,141 tuns ; whale, 19,041 tuns; bone, 1,923,850 lbs. From this it appears that there was an excess over the year 1858 — in sperm of 946 tuns ; whale, 819 tuns ; and in bone, 383,250 lbs. The exports of oil and bone were : — Sperm, 5,221 tuns ; whale, 818 tuns; and bone, 1,707,929 lbs. This shows that the export of sperm oil in 1859 largely exceeded that of 1858, while the export of whale oil was light. As regards prices, the average of whale oil was, in 1858, 2s 3d ; and in 1859, 2s 0\d per gallon. During the same periods the prices in this country were respectively 2s 9d and 2s 5d per gallon. In America sperm oil, in 1858, was 5s 5d ; and in 1859, 5s 8c? per gallon, against 7s to 8s in this country. There is a steady and increasing demand for sperm oil, both in America and Europe, and it is calculated that the price will go on increasing. The imports of sperm oil in 1860 amounted to 73,708 brls.; of whale oil, 140,005 brls.; and of whalebone, 1,337,650 lbs , against imports in 1859 of sperm oil, 91,400 brls.; whale oil, 190,421 brls.; and of whalebone, 1,923,850 lbs. The average prices in America during 1860 were for sperm oil 1*41| cents; whale oil, 49 £ cents per gallon; whalebone, northern, 801 cents, and South Sea, 73f cents per lb. The exports of oil and bone for the year 1860 were, sperm oil, 32,792 brls.; whale oil, 13,097 brls.; and of whalebone, 911,226 lbs., showing a falling off in the export of sperm from 1859, 19,415 brls., and in whalebone, 796,703 lbs., and an excess in whale oil of 4,828 brls. The American whale trade of the Indian Ocean gives employment to about 3000 sailors, and that of Holland, France, and other countries to between 300 and 400. The usual size of a whaling vessel is from 500 to 600 tons, and the average complement of men to each about 44. The number of American ves- sels constantly engaged in the trade, within the limits of the Indian Ocean, is estimated at about 45; the general number of those belonging to other countries WHA 323 WIN at about 6. There are particular localities noted as good fishing-grounds — such as the vicinity of the coast of Bali, the coast of the Soloo Islands, the west coast of Borneo, Java Head, Exmouth Gulf, on the Northern Australian coast, and in fact the whole sea lying between the north coast of Australia and the islands of the Indian Archipelago, and the whole west coast of Australia, as far down as Cape Leuwin. The whales caught at Bali, Soloo, Borneo, and Java Head, are of the cachalot or sperm kind; those caught in the sea to the north of Australia, of various kinds — the cachalot, right whale and humpback; those caught on the west coast are also of various kinds. WINE. There has been, for a series of years, a remarkable failure of the grape in the principal wine producing countries of the world. In Madeira the failure has been so general that the culture is almost abandoned. Many of the vines have died, and others have been cut down, and the vineyards have been planted with other crops. In Italy the grape failed for three successive years. Little Italian wine is exported, but in the scarcity of meat, which the poorer classes seldom taste, the light wine of the country is a necessary stimulant, and the failure acts with double force. The cultivators have no return for their labour, and the peasants are deprived of an article of diet which, in that country and in their circum- stances, is necessary to their health. In France the important wines are the Bordeaux (claret), Burgundy, and Champagne. Since 1848, when claret and Burgundy were fine, and Cham- pagne second rate, nearly every year has been a failure as to quality or quan- tity, and some years of both. In 1849 the crops were fine in Burgundy, second rate at Bordeaux, and quite inferior in Champagne. In 1850 the quality was inferior; the best crop was in Burgundy. In 1851 the Bordeaux wines were of good quality, but the " oidium" began to reduce the quantity to a great extent. In Burgundy and Champagne there was no " oidium," but the wines were bad, green, and lacking body. The rains came inopportunely, when the grapes were formed, and a failure of the fruit ensued. In 1853 the crops were bad in all the districts; the best in Burgundy. In 1854 the Bordeaux and Burgundy wines were very fine ; the Champagne not so good ; but the quantity was so small that it is no exaggeration to say that there was not an average of one-twentieth of a crop in all the districts. " In 1855 the grape promised well early in the sea-on, but the crop was ruined by rain coming just at the time of the "formation of the fruit. The crops in general were quite inferior in quality to those of the previous years, and were little greater in quantity. From that year dates the decrease of the disease in France and the improvement of the wine harvests. The wine lands of France are stated at 2,200,000 hectares, producing on an average 45,000,000 hectolitres. The average quantity of wine drunk in France under one form or other is about a hectolitre per head, that is, a hundred times more than in England. The exports of wine from France have been as follows: — Hectolitres. Hectolitres. 1818 . 1,534,239 1853 1,956,184 1849 - 1,852,546 1 54 1,315,161 1850 - 1,884,450 1855 - 1,194,901 1851 - 2,252,159 1856 1,249,845 1852 - 2,419,604 1857 1,098,102 The chief wine growing districts of France are Provence, Languedoc, Rous- sillon, Auvergne, Bourgogne, Saintonge, and Champagne, the rich valleys ol the Gard, Herault, Garonne, Dordogne, the Lone and the Rhone, and the neighbouring departments as far as the Pyrenees, the Haute Pyrenees, and the Pyrenees Orientales. The quantity of wine shipped from Lisbon declined from 27,448 pipes in 1853 to 1 1 ,752 in 1S56. From Madeira also the exports of wine show a startling de- crease, having dropped from 6690 pipes in 1852 to 1891 in 1856. Notwithstanding some yearly fluctuations, since 1843, the average annual im- port of wine into the United Kingdom was very uniform, at a little over 8 million gallons until 1860, when it increased 50 per cent. The quantity taken for consumption has been WIN 321 "WIN 1845 - - 6,786,131 gallons | 1855 - - 6,296,439 gallons 1850 - - 6,437,222 „ | 18G0 - - 7,358,192 „ The consumption or wine had more steadily increased in 1859 than in former years, having reached 7,262,965 gallons, contributed by the following countries : — we add the figures for 1850 and 1860 by way of comparison. 1850. 1859. I860. Spain - 2,469.038 2,876,554 2,975,769 Portugal --. 2,814,979 2,020,561 1,776,138 Cape of Good Hope - 246,132 781,581 420,556 France ... 340,748 695,913 1,125,599 Marsala - 425,053 224,409 205,084 Madeira - 70,363 29,566 28,912 Other countries - - 70,909 634,462 820,104 Total gallons - - 6,437,222 7,263,046 7,358,192 The quantity consumed in this countiy in 1860, together with 2,275,307 gallons exported, gives a gross total of 9,633,499 gallons, against an importation of 12,483,362 gallons. The aggregate stock in the London Docks alone is usually equal to a year's consumption, allowing too for a fair expectation of increased consumption at the new duties. From these statistics some peculiar facts are elicited, showing in what a small degree the consumption of wines has increased in this country in propor- tion to the increase of population and wealth, and that on an average only 14 persons in every 1000 drink their three dozen of wine annually, or what is equivalent to a glass of wine per diem. The fashion of wine-drinking has also altered; for Spanish sherry, which now is the most in use, was almost unknown in the early part of this century, when red wines were mostly drunk ; whereas now two-thirds of what is used is white wines. The total exports of sherry wine from Cadiz to all the markets of the world were in 1856, 54,610 butts ; in 1857, 50,707; in 1858, 28,729; in 1859, 45,916; and in 1860, 50,000. The consumption of this wine in the United Kingdom is on the average 26,000 butts annually. The reduction of the duty in 1860 to 3« per gallon increased the quantity about ten per cent, and with a further reduction in 1861 to 2s 5d, the consumption will no doubt increase. The rates of duty now levied are Is per gallon on all wines imported in casks, containing less than 18 per cent, of spirit; Is 9d per gallon if less than 26 per cent, of spirit; 2s 5d if less than 40 per cent, of spirit; and 2s lid if less than 45 per cent, of spirit; and 2s 5d per gallon on all wines imported in bottles. The following are the results of experiments, upon a large scale, recently made, to ascertain the strength of various wines, and which may be relied on, viz.: — Ports varying from 36 to 41 per cent., the average being 38 gallons of Spirit in every 100 gallons of wine. Sherries „ 32 to 40 „ „ 36 „ „ Marsalas „ 29 to 34 „ „ 32 „ „ Cape Wines..,. „ 30 to 33 „ „ 32 „ „ Hocks „ 13 to 21 „ „ 17 „ „ French (Clarets) „ 13 to 18 „ „ 15 „ „ Ditto (Burgundies) „ 21 to 24 „ „ 22 „ „ And these show that the stronger the -wine the more it has hitherto been appreciated in this country ; but it remains to be seen, by the introduction of lighter wines at a duty proportionate to the extent of spirit they contain (which is the only component part of wine that was ever liable to duty), whether great changes will not speedily take place in the use of wines. It is thought by some that at no very distant period the stronger wines most in use will, now that the public are no longer kept in the dark as to their alco- holic power, take the position that liqueurs do at present, and be drank only as stimulants and restoratives, and these days of moderation and advancement would seem to favour that opinion. Many instances arc quoted of our ancestors taking their bottle or more of wine daily, when it was certainly stronger than now ; if so, it was at a fearful expense to good constitutions, and those days have happily died away. In the selection of wines more study should be made of their use, whether for stimulating or digestive purposes, or for enjoyment. WIN 325 WOO In England (observe Messrs. Gilbey and Co., from whose trade report we quote) strange contradictions exist on this point, for the stronger wines arc mostly taken at or immediately after dinner to assist digestion, as it is supposed, whereas they are calculated to have just the reverse effect. If the flavour of the stronger wines be preferred at meals, their digestive powers would be increased by dilution in water to three times the quantity, at the time of drinking; thus used, at the present rates of duty, the beverage would be cheaper than beer, of about the same strength, and far more refreshing and wholesome ; the economical portion of the public will soon become alive to this fact. It will not be surprising to find in a few years that from this cause alone wines will in a great measure take the place of beer. Some call beer our national beverage, and think it can never have a competi- tor, but so many changes come about in less than ageneration, that it may not be held in such appreciation in years to come ; who could have supposed that tea, which was first imported solely for the wealthy, and which can scarcely be said to be pleasant to the taste as the Chinese drink it, should have found its way into the poorest cottage? that tobacco, which requires an education by those who use it before it can be appreciated, should form such an important item in the Exchequer, or that bitter ale, which at first use is antagonistic to the palate, should be such an universal favourite ? It cannot be denied that beer, well made, and which has perfected all its fer- mentations, is wholesome and pleasant ; but much of that now used is often not more than three weeks old, and has to perfect its fermentation after having been consumed; nothing we take is more difficult of digestion, and it is absolute mad- ness for persons of sedentary and inactive habits to persist in its use. It is said that our labouring population thrive on it ; it is their labour they thrive on, and most of us would thrive on hard work where we sink comparatively by inactivity. The introduction of light cheap wines at a low duty must therefore in time prove a boon, being both wholesome, refreshing, and an assistance to digestion. It is a popular mistake to consider them colder than beer, and as erroneous to call them acid ; nothing is more wholesome than the vinous tartar we taste in light wines. Most travellers state that the cheap light wines of the countries they visit invariably agree with their constitutions, and what is there in our climate that can make the difference ? WOOL. Wool stands next to cotton in importance of the various raw mate- rials employed in our home manufactures. The demand for wool is increasing very rapidly in all countries, and the production is at present insufficient to meet this demand. In England, notwithstanding our large imports and home pro- duction, economisingexpedients have been resorted to on an enlarged scale. The use of cotton in woollen and worsted fabrics has been vastly augmented, and the manufacture of rag wool (which consists of old worn out woollens, torn or ground up) has been developed into quite an important branch of business, under the name of shoddy or mungo. This is utilized to the extent of 45,000,000 lbs. annually (equal to about a third of our yearly importations of colonial and foreign wools) for the purpose of mixing with or adulterating wool in its manu- facture. And yet with all these enormous aids, the prices of wool when not checked by adverse extraneous influence, ever gravitate to an extreme range, such in fact as effectually to limit the consumption. The home production of wool is estimated at fully 200.000,000 lbs. and the imports of foreign and colonial have now reached the large amount of 148,000,000 lbs., although about 31,000,000 of this was re-exported in 1860. All the British colonies have made immense strides in their production of wool, although the demand for food now keeps down the increase of sheep in Australia where the population has been rapidly increasing. In 1845 the Aus- tralian colonies sent to the United Kingdom" alone 24,177,315 lbs.; in 1855, 49,142,306 lbs.; and in 1859, 59,165,939 lbs. The Afric an colonies now pro- dace about 25,000,000 lbs. of wool. woo 326 WOO The wool of the alpaca imported from Peru, which is of various colours, white, grey, brown and black, has long been in demand at high prices for its silky texture and applicability for various purposes in articles of ladies' clothing. The imports fluctuate considerably, owing to revolutionary disturb- ances and difficulties of transport to the coast for shipment. It varies in price from 2s to 3* per lb. Including llama wool the imports have averaged in the last five years 2,600,000 lbs. per annum. The sources of supply of wool to the United Kingdom have been as follows, in bales: — Countries. 1850. 1855. 1860. Gennany - Australia - Cape »«.:• Spanish - Portugal -•'-.« Peruvian and Alpaca East India and China Russian - Mediterranean Ports Buenos Ayres Sundries - Goat's wool Total bales - 30,491 138,679 19,879 2,105 7,361 39,731 9,701 9,758 13,432 3,841 3,041 13,139 12,710 163,182 38,272 213 4,522 42,070 43,167 1,006 12,066 6,338 5,986 14,154 14,600 184,000 56,356 4,183 24,503 09,075 62,651 21,445 18,162 5,058 15,650 11,897 291,161 343,686 487,580 The aggregate imports and exports of foreign and colonial wool, sheep, lamb and alpaca, have been as follows: — Imports. Exports, lbs. lbs. 1845 - 76,813,855 2,662,353 1850 . 74.326,778 14,388,674 1855 - 99,300,446 29,453,466 1860 - 148,396,577 30,661,867 WOOLLEN MANUFACTURE. The woollen manufacture engages up- wards of £33,000,000 of British capital, the woollen and worsted trades forming more than a fourth part of our textile manufactures. Relatively to the other great staple manufacture (cotton), the total value of the woollen manufactures stands at about one-half, the cotton manufactures being valued by competent Manchester authorities at about £60,000,000 sterling per annum. Regarding, however, the value of each manufacture in proportion as that value arises from the use of British labour and capital, the difference is not so great. In the cotton manufacture £20,000,000 are paid for the raw material, produced in a great measure in foreign countries, leaving £40,000,000 as the wages and profits of British industry applied to its fabrication. The woollen manufacture includes about £21,000,000 paid for British and Colonial raw material, and £12,000,000 paid for wages and profits of British manufac- turing industry. £ Home produce of wool in 1860 estimated at 12,000,000 Imports of foreign and colonial 9,000,000 „ of foreign woollen manufactures 1,000,000 Exports of British „ „ . T 16,000,000 The value of all kinds of woollens, worsteds, worsted hosiery, and woollen and worsted yarn exported from Great Britain in 1830, was i'4,728,666 ; in 1840, £5,327,855 ; in 1850, £10,040,332 ; and in 1860, £16,007,257. The progress of our manufacturing art in the woollen and worsted trades has (speaking generally) doubled the production of wool in Great Britain in propor- tion to population. The United Kingdom itself produces a larger amount of wool than any other country in the world ; and yet it may truly be said that sheep are kept in this country not so much for their wool as for the meat their carcases furnish, and TVOO 327 WOO for the great benefit they confer on agriculture. They have indeed been aptly designated " the sheet anchor of British agriculture," so indispensable are they to the scientific farmer of the present day. But in improving the carcass of these valuable animals great care has also been bestowed upon their wool- producing capabilities, in order to preserve and increase as much as possible the quantity and quality of that important article. The wools of this country are, therefore, abundant in quantity, and of good, strong, and very useful qualities, although not of such fine description as the Saxony, Spanish, and other merinos. Other countries of Europe likewise produce very large quantities of wool, which are, however, chiefly used up by themselves for their own consumption and trade. The exports of English wool, both in the raw state and in the first stage of consumption, namely yarn, are great, and rapidly increasing. The advance generally in our woollen trade exports is shown by the following state- ment : — 1844. 1858. Woollen cloths of all kinds, coatings, 95 1860 . 12,163,861 . 3,843,396 WEE 32S ZOL WRECKS. During the 15 years ending* with 1857 there were wrecked, burnt or missing, 8,998 British sailing vessels and 175 steam vessels, giving a total of 9,173 vessels, or an average of 61 1 ships per annum. In 1857 there were 37,014 British registered vessels, of which 662 were lost, or at the rate of 1-78 per cent. The total number of wrecks and casualties reported since 1852 have been as follows : — Lives lost. Lives lost 1852 1015 920 1856 1153 . 521 1853 832 689 1857 1143 532 1854 987 . 1549 1858 1170 340 1855 1141 469 1859 1416 . 1645 What a frightful catalogue does this aggregate loss of life and ships present. It is remarkable that the great decrease in the number of lives lost in 1855 and 1856 is concurrent with the changes effected by the Merchant Shipping Act, 1854 ; 1859 was an exceptional year, from the extreme boisterous nature of the weather. YARN. There is a considerable export of cotton, linen and worsted yarn and twist, to different countries which work it up. Under the head of Cotton Manufactures we have given the quantity and value of the twist and yarn exported in decennial periods since 1840. Under the article Linen, the weight and value of linen-yarn exported from 1841 to 1859 are stated ; and under the head of Woollen Manufactures above will be found the exports of woollen and worsted-yarn. ZANZIBAR. This country is a very considerable market for the supply of ivory, copal, and cloves. Cotton and sugar grow to perfection in the islands of Zanzibar and Pemba. Rice of a good quality is also cultivated, but ever since the introduction of cloves into the island it has been much neglected, so that it is now imported to the value of £38,000 annually. The slave-trade is carried on extensively in Zanzibar, the number imported into the island in 1859 amounting to 19,000. A tax of one dollar per head was levied by the Sultan upon each slave landed, which has lately been doubled. There arc are about 6000 British Indian subjects residing in his dominions. The value of the imports in 1 859 w as £908,911, and of the exports £755,666, making an aggregate foreign trade of £1,664,577. Zanzibar is now the chief market in the world for the supply of ivory, copal, and cloves. In 1859 the export of ivory amounted to 488,600 lbs., value £146,666; of copal-resin to 875,875 lbs., value £37,166; and of cloves to 4,860,100 lbs. value £55,666. This trade is all the growth of a few years, and were the slave-trade on the mainland abolished a great quantity ->f cotton, sugar, gums, &c. might be exported. Within the last few years they have commenced to grow sesamum on the mainland. In 1859 8,388,360 lbs. of sesamum were exported from here, and 8,016,000 lbs. of cowries, value £51,444, to the west coast. The whole of this island is of exceeding fertility ; sugar-cane, cotton, cloves, nutmegs, pepper, coffee, rice, holcus or sorghum, &c., grow in the greatest profu- sion. The cassava, or manioc, which forms the chief food of the slaves and poorer classes, yields three or four crops a year without any trouble. ZEALAND (NEW.) There are now seven sepai-ate provinces on these islands— Auckland, New Plymouth, Wellington, Hawke's Bay, Nelson, Canter- bury, and Otago. The European population in 1858 numbered 59,328, besides military and the aboriginal population is rather less than this. The revenue of the colony in 1858 was £341,655, and there is a debt for an imperial loan contracted of £500,000. There are 189 vessels, registering 6852 tons, owned in the colony. The value of the imports in 1858 was £1,141,273. The live- stock numbered 1,523,324 sheep, 137,204 cattle, and 14,912 horses. The land under culture comprised 141,007 acres, of which 13,709 were under wheat, 3017 in barley, 12,496 in oats, and 5574 in potatoes. The principal articles of export are agricultural produce, grain, potatoes, wool, timber, and kauri resin. ZOLLVEREIN — See Prusso-German Customs' Union. THE END, UNIVERSITY OF CALIFORNIA LIBRARY BERKELEY Return to desk from which borrowed. This book is DUE on the last date stamped below. REC'D LD JUN 1 iyS9 (3N1LL JUN \ 5 2001 U.C. BERKELEY LD 21-100m-9,'47(A5702sl6)476 HF i» 2^>4 ' w * THE UNIVERSITY OF CALIFORNIA LIBRARY