CKNEY COACH.
Wherever the view of profit opens, the eyes of a Birmingham man are open
to see it.
In 1775, a person was determined to try if a Hackney Coach would take
with the inhabitants. He had not mounted the box many times before he
inadvertently dropped the expression, "Thirty shillings a day!" The word
was attended with all the powers of magic, for instantly a second rolled
into the circus.
And these elevated sons of the lash are now augmented to fifteen, whom
we may justly denominate a club of tippling deities, who preside over
weddings, christenings, and pleasurable excursions.
It would give satisfaction to the curious calculator, could any mode be
found of discovering the returns of trade, made by the united
inhabitants. But the question is complicated. It only admits of surmise.
From comparing many instances in various ranks of life among us, I have
been led to suppose, that the weekly returns exceed the annual rent of
the buildings. And as these rents are nearly ascertained, perhaps, we
may conclude, that those returns are about 80,000. If we deduct for four
weeks holidays, the annual returns will be--3,840,000_l_.
Now we have entered the visionary regions of fancy, let us pursue the
thought a stage farther; and consider Birmingham as one great family,
possessed of a capital of Eight Millions. Her annual returns in trade as
above, from which we will deduct for the purchase of
Raw materials - - - - - - - 1,920,000
House rent, repairs and taxes - - - 100,000
Losses in trade - - - - - - 50,000
Maintenance, clothing, and pleasurable
expences, for 50,000 people, at 10_s_.
per week - - - - - - - 1,300,000
---------
3,370,000
---------
Annual addition to the capital - - - 470,000
Should a future antagonist arise, and attack me in numbers, I promise
beforehand to relinquish the field; for I profess only, to stand upon
ideal ground.
BANK.
Perhaps a public bank is as necessary to the health of the commercial
body, as exercise to the natural. The circulation of the blood and
spirits are promoted by one, so are cash and bills by the other; and a
stagnation is equally detrimental to both. Few places are without: Yet
Birmingham, famous in the
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