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RECENT  RATE  OF  MATERIAL  PROGRESS  IN  ENGLAND  107
                  simple as they were.  The reality of the former rate of
                  advance .is not so clearly manifest.
                     Of course  I  need  hardly  add  that  in  the case  of
                  another great textile, silk, there has been no progress,
                  but the reverse, for  some  years;  that  this  is  also true
                  ot linen i  and  that  the  increase' in the alIied manufac-
                  ture, jute, can only be a partial set-off.
                     In the  textiles,  then,  as  in  other  staple  industries
                  of  the  country,  the  rate  of advance  in  the  last  ten
                  yearJ, measuring by things, and not merely by values,
                  has  been  less  than  in  the  twenty  years  immediately
                  before.
                     We pass on, then, to another set of figures included
                  in the short table above submitted.  We may look not
                  only  at  leading  industries  of production directly, but
                  at  the  broad  figures  of  certain  industries  which  are
                  usual1y held  to reflect, as in  a  mirror, the progress of
                  the country generally.  I refer to the railway traffics as
                  regards  the  home  industries  of the  country, and  the
                  entries and clearances of shipping in the foreign  trade
                  as regards our foreign business.
                    As regards  railways, what we find  is,  if we take the
                  receipts  from  the  ~oods traffic  in  the  form  in  which
                  they were  summarized for  the  Royal Commission  on
                  Trade Depression, viz., reduced  to  so  much  per head
                  of  the  population  on  the  average  of  quinquennial
                  periods, that  in the five  years 1860-64, which is as far
                  back  as  the  figures  can  be  carried,  the  receipts  per
                  head  were  liS.;  ten  years  later, viz.,  in  1870-74,  the
                  receipts  per head were  18s.; and ten  years later, viz.,
                  1880-84, the receipts per head were  2 IS.  2d.  The rate
                  of growth  shown  in the  first  ten years' interval is 63
                  per cent. j  in the  second ten  years' interval  it is only
                  18 per cent. ; and in the last  year or two,  I  may add,
                  there  has  been  no  further  improvement  Here  the
                  question  of the  value  of money  comes  in  again,  but
                  this would  only modify partially the apparent change.
                  There is also a question as to railway extension having
                  been greater in the earlier than  in the later period, so
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