PART Ⅰ ON THE PROGRESS OF RAILWAY CONSTRUCTION IN THE UNITED KINGDOM AND IN FOREIGN COUNTRIES，FROM THE YEAR 1843 TO THE PRESENT TIME； ON THE EFFECTS OF THE GREAT RAILWAY EXPENDITURE OF 1845-1850； AND ON THE OPERATION OF RAILWAY TRANSIT ON THE SUPPLY AND CONSUMPTION，AND THEREFORE ON THE PRICES，OF COMMODITIES SECTION 1 General ouline of the facts connected with the construction of railways,1843-1855 SECTION 2 Statements relative to the expenditure of capital on railuvays in the United Kingdom,1844-1855 SECTION 3 The Extent of the employment arising from the railuvay works, 1848-1854. Also the traffic of the same period SECTION 4 The prices of railway shares,1845-1850. Mr. Hudson's career SECTION 5 The gradual improvement in railway property,1850-1856 SECTION 6 The origin, and failure of the Scotch “Exchange Banks”,1845-1850 SE CTION 7 The effects of the large railway outlay of 1846-1850 upon the expenditure of the middle classes SECTION 8 Consequences arising from the operation of the frequent “calls” on railway shares SECTION 9 Q uestions relative to the effect of railway transit on the price to the consumer of raw produce and manufactured goods SE CTION 10 The effect of railways,in this and other countries, in opening up new fields of supply SECTION 11 Cost of British railways compared with the cost of foreign railways. Connection between cost and tolls SECTION 12 Effect of railways on the revenue SECTION 13 Sum mary of results arising out of the review of the railway expenditure,1846-1855 PART Ⅱ ON THE PROGRESSIVE APPLICATION OF THE PRIN-CIPLES OF FREE TRADE TO THE COMMERCIAL LEGISLATION OF THIS COUNTRY， FROM THE YEAR 1820 TO THE PRESENT TIME． ON ITS EFFECTS ON GENERAL PRICES． AND ON THE PROGRESS OF FREE TRADE IN FOREIGN COUNTRIES， ESPECIALLY IN FRANCE SECTION 1 On the general results of the free trade legislation SECTION 2 On the doctrine of the Merchants' Petition of 1820 , as regards the non-dependence of the policy of com mercial reforms upon the concession of similar reforms in foreign countries; in other words, on the principle of reciprocity. Testimony in support of this doctrine afforded by Mr. Gladstone's statements of the …… PART Ⅲ ON THE MANAGEMENT AND POLICY OF THE BANK OF ENGLAND DURING THE PERIOD 1844-1856；WITH SPECIAL REFERENCE TO THE OPERATION OF THE BANK CHARTER ACT OF 1844
