Note 308 — Chapter IV
Reading edition
Between 1850 and 1874 there was (except, perhaps, during the American Civil War) no falling off in the value of our export trade comparable to the serious declines of 1826, 1829, 1837, 1842, and 1848. We do not pretend to account for this difference, but may remind the reader of the coincident increase in the production of gold, the influence of Free Trade and railways, and, as the bimetallists would tell us, the currency arrangements which were brought to an end in 1873.