This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1863 Excerpt: ... year from 1847 till 1859, from 24,820,547 in 1859.. 1847 tQthe maximum of 35,368,259 in 1859. if we allow for increase in. weight and value, and assuming that pigs and sheep increased in these respects, as well as cattle, and to about the same extent, the maximum value of live stock in 1859 will be about 53,000,000, ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1863 Excerpt: ... year from 1847 till 1859, from 24,820,547 in 1859.. 1847 tQthe maximum of 35,368,259 in 1859. if we allow for increase in. weight and value, and assuming that pigs and sheep increased in these respects, as well as cattle, and to about the same extent, the maximum value of live stock in 1859 will be about 53,000,000, thus proving that there was great increase of wealth, as indicated by this test, till 1859. Constant de-The table no less conclusively establishes a serious crease decrease in wealth, as tested by the value of live stock, stock since m every year from 1859 till 1862, and the rate of 1859. decrease has been, it will be observed, much more rapid than the rate of increase, the value decreasing as much in three years as was gained in six. The entire fall from 35,368,259 in July, 1859, to 31,204,325 in July, 1862, shows a failing off of upwards of 4,000,000; but if we take the values according to the weight and prices of recent years, the falling off is 6,000,000 from about 53,000,000 in 1859 to about 47,000,000 in 1862. Notwithstanding their falling off for three successive years the value of live stock in 1862, allowing for weight and prices of 47,000,000, is more than double the estimated value of live stock in 1841 ( 21,105,808), though some classes of live stock are included in the valuation in 1841 which are omitted in 1862. Judge Longfield's statement as to the prosperity of the country (being made in 1861, when the value of live stock had fallen off to the amount of two and a-half millions, and when the decrease we have seen was going on in agricultural produce), gave rise to considerable controversy; and it was an unfortunate circumstance that, as his address was given in Augu...
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