Note 298 — Chapter XIV · A HOPEFUL YEAR.
Reading edition
It may be well to summarise Mr. Gladstone’s financial statement:—
Assets of the Church.Charge on the Church Fund.
(1) Commuted Tithe Rent Charge£9,000,000 Commuted Life Interests of Bishops, Beneficed Clergy, &c.£4,900,000
(2) Land and Perpetuity Rents6,200,000 Curates800,000
(3) Money750,000 Lay Compensations900,000
Private Endowments to be Repaid500,000
Presbyterians and Maynooth1,100,000
Building Charges250,000
College Expenses of Presbyterians and Catholics35,000
£15,950,000 £8,685,000
Thus there was a surplus fund for distribution of, say, £7,500,000, the interest on which, £311,000, Mr. Gladstone distributed as follows:—(1), Lunatic Asylums, £185,000; (2), Deaf and Dumb Institutions, £30,000; (3), Idiot Asylums, £20,000; (4), Nurses for the Poor, £15,000; (5), Reformatories and Industrial Schools, £10,000; (6), County Infirmaries, £51,000.