Note 211 — Chapter XIV

The aggregate reductions since 1853 are estimated (see Parliamentary Paper, No. 27, 1875) at more than 750,000l., or at the rate of 237 per cent. on the present income of about 316,000l. per annum. Nor has economy been consulted at the cost of efficiency during the last twenty years, due in a great measure to the exertions of the late Sir Frederick Arrow, Deputy-Chairman of the Trinity House.