A paper by Mr William Hoyle, on "The Social Causes of Commercial Depression, with special reference to the cotton trade," read before the Social Science Congress, held in Bristol in October last, ccntaina matter for much serious reflection. Ho disagrees with those who attribute the Decline of English manufactures to foreign, competition, and argues that home expenditure on intoxicating drinks is answerable for the existing depression,.
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Hawke's Bay Times, Volume 16, Issue 815, 22 August 1870, Page 2
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66Untitled Hawke's Bay Times, Volume 16, Issue 815, 22 August 1870, Page 2
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