Within twenty years the amount of indirect revenue, without any
burdensome change in legislation, has risen from $40,000,000
francs to 720,000,000,--a symptom of economic, much more than of
fiscal, progress.
On January 1, 1844, the deposit and consignment office owed the
savings banks 351,500,000 francs, and Paris figured in this sum
for 105,000,000. Nevertheless the development of the institution
has taken place almost wholly within twelve years, and it should
be noticed that the 351,500,000 francs now due to the savings
banks do not constitute the entire mass of economies effected,
since at a given time the capital accumulated is disposed of
otherwise. . . . In 1843, out of 320,000 workmen and 80,000
house-servants living in the capital, 90,000 workmen have
deposited in the savings banks 2,547,000 francs, and 34,000
house-servants 1,268,000 francs.
All these facts are entirely true, and the inference to be drawn
from them in favor of machines is of the exactest,--namely, that
they have indeed given a powerful impetus to the general welfare.
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