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Updated: May 21, 2025
Markets slacken much on this side; cannot sell the iron for more than 37s. Wish had your orders if shall part with it at that rate. No ships since the 11th. London fleet may be in the roads before the late storm, so hope they are safe: if have not insured, please omit the same till hear farther; the weather proving good, hope the danger is over.
Creswick has a high opinion of Krumen working in the mines, and has found sundry of them to develop into excellent mechanics. The men want only good management. Under six Europeans, himself included, he employs a hundred hands, and from eight to ten mechanics. The first headman draws 37s. 6d., the second 22s., full-grown labourers 18s., and 'small boys' from 4s. to 6s. and 9s.
Here you will see that the reduction from 32 to 24 was 25 per cent. or a much greater reduction than the reduction of the total capital debt, and this, of course, was contributed to by the lower rates of interest which had been brought about from time to time. When we take the annual charge per head the fall is much more striking. In the hundred years it decreased from 37s. to 10s.
Sharper No. 12 carried him home and sold him the very next day for 37s. to a lady who lived in Belgravia, but shopped in filthy alleys, misled perhaps by the phrase "dirt cheap." Mr. Eden conceived him, two detected ones made him at a cost of 5s., twelve undetected ones caught him first for 18s., and now he stands in Belgravia, and the fair ejaculate over him, "What a duck!"
Goulburn suggests taking off the whole of the beer tax, and remitting the hop duty for this year, as well as remodelling it. He likewise proposes lowering the duties on East and West India sugar, the former from 37s. to 25s., and the latter from 27s. to 20s. As the revenue is decreasing, these reductions cannot be taken from it. There must be a commutation.
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