1801-10 100.0 41.05 50.95 -9.90 1811-20 101.3 41.60 49.80 -8.20 1821-30 89.2 36.60 47.05 -10.45 12.40 4.40 1831-40 110.0 45.15 63.70 -18.55 16.35 6.70 4.5 1841-50 140.0 57.45 79.35 -21.90 18.70 8.50 5.3 1851-60 259.6 106.55 137.20 -30.65 33.60 14.10 1861-70 404.6 166.10 223.60 -57.50 62.50 26.30 1871-80 537.0 220.45 313.85 -93.40 89.90 53.15 570.8 234.30 331.95 -97.65 97.80 74.50 1881-90 584.0 239.75 385.20 -145.45 94.55 97.10 1891-00 845.9 347.25 505.55 -158.30 123.55 132.15 1901-10 Explanation of the Table: Subtract imports from exports to obtain the balance on the commodity account, which was always negative (i.e. the British imported a greater value of goods than they exported). To that negatrive balance on the commodity account, add the of (i.e. shipping, banking, insurance revenues, etc.) and those dividends ‘invisibles’ consisting ‘services’ and interest payments received on foreign (overseas) investments, in order to obtain the final balance on Current Account, which was always positive. Gold movements and other items on Capital Account are not shown here. The Equation: Exports - Imports = Balance on the Commodity Account + Services + Dividends & Interest = Balance on the Current Account. * The accumulated net balance of overseas investments (foreign credits) includes the retained or re-invested interest and dividends on accumulated foreign investments. Gold movements and other items on the capital account are not given. Source: Calculated from Peter Mathias, (London, 1969), Table VII, p. 305. First Industrial Nation Table OF PRINCIPAL GRAIN CROPS OF SELECTED EUROPEAN COUNTRIES, IN MILLIONS OF QUINTALS, IN DECENNIAL AVERAGES, 1871-90 TO
1801-10 100.0 41.05 50.95 -9.90 1811-20 101.3 41.60 49.80 -8.20 1821-30 89.2 36.60 47.05 -10.45 12.40 4.40 1831-40 110.0 45.15 63.70 -18.55 16.35 6.70 1841-50 140.0 57.45 79.35 -21.90 18.70 8.50 1851-60 259.6 106.55 137.20 -30.65 33.60 14.10 1861-70 404.6 166.10 223.60 -57.50 62.50 26.30 1871-80 537.0 220.45 313.85 -93.40 89.90 53.15 1881-90 570.8 234.30 331.95 -97.65 97.80 74.50 1891-00 584.0 239.75 385.20 -145.45 94.55 97.10 1901-10 845.9 347.25 505.55 -158.30 123.55 132.15 Explanation of the Table: Subtract imports from exports to obtain the balance on the commodity account, which was always negative (i.e. the British imported a greater value of goods than they exported). To that negatrive balance on the commodity account, add the ‘invisibles’ consisting of ‘services’ (i.e. shipping, banking, insurance revenues, etc.) and those dividends and interest payments received on foreign (overseas) investments, in order to obtain the final balance on Current Account, which was always positive. Gold movements and other items on Capital Account are not shown here. The Equation: Exports - Imports = Balance on the Commodity Account + Services + Dividends & Interest = Balance on the Current Account. * The accumulated net balance of overseas investments (foreign credits) includes the retained or re-invested interest and dividends on accumulated foreign investments. Gold movements and other items on the capital account are not given. Source: Calculated from Peter Mathias, First Industrial Nation (London, 1969), Table VII, p. 305. Table OF PRINCIPAL GRAIN CROPS OF SELECTED EUROPEAN COUNTRIES, IN MILLIONS OF QUINTALS, IN DECENNIAL AVERAGES, 1871-90 TO 4.5 5.3
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