Page:On the economy of machinery and manufactures - Babbage - 1846.djvu/388

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354
EFFECT OF TAXES

"Comparison of the Value of the Raw Material imported, with the Value of the Goods manufactured therefrom.

"Amount of Sea Island cotton annually used 1,600,000lbs., value 120,000l.; this is manufactured into yarn, weighing 1,000,000lbs., value 500,000l.

"There is also used 25,000lbs. of raw silk, which costs 30,000l., and is doubled into 20,000lbs. thrown, worth 40,000l.

RAW
MATERIAL.
MANUFACTURE. SQUARE
YARDS
PRODUCED.
Value
per
Sq. Yd.
TOTAL
VALUE.
s. d. £
Cotton,
1,600,000 lbs.
Power Net . 6,750,000 1 3 421,875
Hand ditto . 15,750,000 1 9 1,378,125
Fancy ditto 150,000 3 6 26,250
Silk, 25,000 lbs. Silk Goods . 750,000 1 9 65,625
23,400,000 1,891,875

"The brown nets which are sold in the Nottingham market, are in part disposed of by the agents of twelve or fifteen of the larger makers, i.e. to the amount of about 250,000l. a year. The principal part of the remainder, i.e. about 1,050,000l. a year, is sold by about two hundred agents, who take the goods from one warehouse to another for sale.

"Of this production, about half is exported in the unembroidered state. The exports of bobbin-net are in great part to Hamburgh, for sale at home and at Leipzic and Frankfort fairs, Antwerp, and the rest of Belgium; to France, by