ABSTRACT

ENGJ.AND, a.~ n. whole, speedily recovered frotn the industrial depression following upon the end of the great war. From the time when the Bank of England resumed specie payments completely in 1819, and indeed f rom the end of the year 181 'l, the upward movement of business became more and more rapid. A succession of good harvests helped on the revival of trade as the stocks of manufactured goode moved off; and the outcry of the agriculturists against the low price for grain was drowned by the din of the machinery in the cities working overtime, to great profit for the employers and constant employment for the " hands." The extension of trade seemed something phenomenal ; the rapid accumulation of fortunes impelled the wealthy classes to undertake vast operations in every direction.