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cotton mills in the borough of Oldham, in 1845, amounted in the aggregate to the same sum as the total value of all the cotton goods exported from the entire kingdom in 1697. In 1845 the number of cotton mills in the borough was at least one hundred. The real or declared value of the cotton goods and yarn exported from the United Kingdom in 1845, was £26,119,331; the value of the entire exports in that year was £60,111,082, so that cottons form fully 43 per cent. of the whole amount of our export trade. The official value of the entire exports in 1845, was £134,599,116. A comparison of the official with the declared value will shew the rise or fall in the prices of goods. The reduction of price in the quantity of goods exported in 1845, as compared with the rates of 1832, represents a sum of £15,000,000. The aggregate value of the cotton goods and yarn exported from the United Kingdom in the nine months ending October 10, 1846, was £19,745,798; woollen goods and yarn, £5,832,311; linen goods and yarn, £2,749,911 ; and silk goods, £672,573.
Chamberlayne, in his work entitled "The present state of Great Britain," published 1737, remarks: " in ancient times, the great trade of this nation consisted in manufactured wool, which foreigners coming from all parts bought of us, insomuch that the customs of English wool exported in Edward the Third's reign, amounted at 50s. a pack, to £250,000 per annum (an immense sum of money in those days), and that excessive export of wool soon gave encouragement to the making of cloth in this nation." Mr. Samuel Fortrey, in his discourse on trade, of a date prior to 1737, states that considerably more linen goods were then exported from France than were made in England, and he estimated the linens exported thence at the value of £400,000 per annum. The value of the clothes, hats, shoes. and household stuff exported at that period to America, was computed at £200,000 ; and the value of
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