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Waugh, Edwin, 1817-1890

"Home-Life of the Lancashire Factory Folk during the Cotton Famine"

Gentlemen, I have said that figures will not show
sufficiently the amount of distress; nor, in the same manner, will
figures show, I am happy to say, the amount that has been
contributed for the relief of that distress. But let us take another
test; let us examine what has been the result, not upon the poor who
are dependent for their daily bread upon their daily labour, and
many of whom are upon the very verge of pauperism, from day to day,
but let us take a test of what has been the effect upon the well-to-
do artisan, upon the frugal, industrious, saving men, who have been
hitherto somewhat above the world, and I have here but an imperfect
test, because I am unable to obtain the whole amount of deposits
withdrawn from the savings banks, the best of all possible tests, if
we could carry the account up to the present day; but I have only
been able to obtain it to the middle of June last, when the distress
could hardly be said to have begun, and yet I find from seven
savings banks alone in this county in six months--and those months
in which the distress had not reached its present height, or
anything like it--there was an excess of withdrawals of deposits
over the ordinary average to the amount of 71,113 pounds.


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