Excerpt from The Progress of the World: Arts, Agriculture, Commerce, Manufactures, Instruction, Railways, and Public Wealth, Since the Beginning of the Nineteenth Century
Taking into account that money has lost about 20 per cent of its purchasing power, the price in the second epoch is 4 per cent dearer than before, but it is so equalised as to benefit all. In the first epoch, wheat in England ruled 150 per cent higher than in Hungary in the second, the difference was only 23 per cent. In the following Table is shown the consumption of the three staple articles of food in the item of grain an allowance is made for potatoes, at the usual rate - 4 bushels equal to I of grain.
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