The Wealth and Progress of New South Wales

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Excerpt from The Wealth and Progress of New South Wales: 1887-88ON the a6th January of the present year Australasia completed its first hundred years, as part of the civilised world. Viewed from the standpoint whence history is usually written, its record will appear singularly uneventful, being marked by none of those disturbing elements, which so often accompany the building up of nations, and which the historian delights to chronicle. The history of this continent is comprised almost entirely in that of its industrial progress. Twenty-five years after Captain Phillip planted the British ¿ag on the slopes of Sydney Cove, the wealth of Australasia had reached one million sterling, in 1837 it had increased to twenty-six millions, in 1862 to one hundred and eighty-one millions, and in 1887 to one thousand and fifteen millions, reckoning only the private wealth of the people. The ratio of progress thus exhibited, is probably greater than that of any other people during the first century of their national life.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.