Your Committee, with the aid of an expert prose-writer, a majority report, in the following tenor:—
SECTION I. Your Committee are of opinion, after hearing all the evidence presented to them, that—
The Empire cannot go on like this. It is amply proved that not only Great Britain and Ireland, but the Colonies also, are and have been for many years increasing in wealth, population, and power, to the grave detriment of the Christian Virtues of Humility and Holy Dread. It is further proved beyond cavil that the cheapness of goods of all kinds has enabled the mass of the population to live riotously, has destroyed thrift, impaired industry, and even threatened that Sobriety which had hitherto been the chief mark of our race.
SECTION II. There is, however, another side of the picture. Not only Great Britain and Ireland, but the Colonies also, are on the verge of bankruptcy; their population is for the most part starving; in many districts, notably in Lancashire, the Isle of Thanet, Manitoba, and the Wagga-Muri country, N.S.W., the wretched populace subsist on grass like beasts of the field, and have lost all semblance of human form. Even the wealthy classes have felt the pinch. Three furnished houses in South Audley Street are untenanted, and it has been necessary to provide out-door relief for the clergy.
MADE IN POOR OLD KENT.
SECTION III. Gold has accumulated so rapidly of late years as at once to clog the main channels of business, and to make men lose all sense of the value of the precious metal. An increase of five million pounds a year in the circulating medium of the country cannot be regarded without alarm. Innumerable 10s. bits are carelessly mistaken for sixpences. Whole sovereigns are dropped in cabs, and capitalists of great prominence allow vast sums to be withdrawn by fraud from their balances at the banks. The precious metals are used in making cigarette cases, medals, and statuettes, and are even wantonly wasted upon objects of superstition in the churches. All these evils undoubtedly proceed from what Professor Macfadden has called “The Plethora of Gold.”
SECTION IV. Meanwhile there is an awful and hitherto irresistible drain of gold from every port in the kingdom. Most of our population, even those betraying every outward sign of prosperity, say that “they do not know where to turn for money.” The young men at our universities are all of them deeply in debt, and even the old men are often pretty dicky.