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15 2 ECONOMIC INQUIRIES AND STUDIES
sources, we shall find that these manufactures, if all
done at home, would not employ more than the pro-
portion stated of the population, viz., 5 to 7! per cent.
One or two illustrations may be given. We find that
in New South Wales, out ofabout£16,00Q,000 of im-
ports in a recent year, as given in the statistical abs-
tract, the woollen, cotton, and textile manufactures, and
all other manufactures identifiable, inclusive of beer
and spirits, amount to about £6,000.000 only. The
principal items are:
Imports of Principal Manufactures into New Soutll Wales.
:£
Apparel and slops . 1,004,000
Boots and shoes 30 7,000
General drapery . 1,880,000
Iron and steel . . 577,000
Hardware 200,000
Machinery . . . . . 27 1,000
Agricultural implements . 35,000
Bags and sacks. . 148,000
Beer and ale. . . 234,000
Spirits. . . . . 3 18,000
Paper. . . . . 182,000
Musical instruments 47,000
Books. . . . . . 123,000
Earthenware and china 57,000
Drugs and medicines . 138,000
Furniture. . . . . . 55,000
Stationery (except paper) 94,000
This is apparently the maximum consumption of
manufactures in New South Wales, for which home
manufactures could be substituted, even if New South
Wales ceased to import any at all, which is inconceiv-
able. The sum cannot be more than 10 per cent. of the
total production of New South Wales, and excluding
what for climatic and other reasons could not be made
in New South Wales at all, we are left with a smaller
proportion, say 5 per cent. as the maximum, to which
the process of substitution could by any possibility
apply.

