Licence: Public Domain Mark
Credit: Ambition's dream : a politico-social essay. Source: Wellcome Collection.
Provider: This material has been provided by The Royal College of Surgeons of England. The original may be consulted at The Royal College of Surgeons of England.
85/94
![7o and William IV., of which the words are—“ King. What are your terms?—Lord Grey. Reform, retrenchment, peace. Kins. Done!” Lyttelton. Hagley, Stourbridge. [Ed. 1872.] IX. Page 48. We are unable to perceive that the promise of “ retrench- ment ” is borne out by the following statement, giving in brief abstract, for the purpose of comparison, the Revenue returns from 1816, the year after the battle of Waterloo, to 1833, the year after the first Reform Bill, and from the latter date to March 1870, inclusive. Public Income of Great Britain for the year £ 1816 (ending 5th January, 1817)... ... 66,579,420 Ditto, ditto, for the year 1833 (ending 5th January, 1834) 50,605,466 Showing a reduction in 17 years of ... ... 15,973,954 Or an average annual reduction of ... ... 939,644 Public Income, year ending 31stMarch 1870... 75,434,252 Showing an increase in 37 years (since 1833) of 24,828,786 Or an average annual increase of ... ... 671,048 The above figures, kindly supplied by an actuary, were pub- lished in 1872. The year after the battle of Waterloo was chosen as the starting-point, from its being taken for granted that a period of peace was the best time to judge of the financial](https://iiif.wellcomecollection.org/image/b22319001_0087.jp2/full/800%2C/0/default.jpg)