The Complete Work of Charles Darwin Online

RECORD: Darwin, C. R. & Thomas Druitt. 1876. Letter from Druitt to Darwin, 20 July 1878 / financial notes / Proof sheet of Cross and self fertilisation, p. 189, published, p. 376. CUL-DAR262.11.9 / EH88206061. Edited by John van Wyhe (The Complete Work of Charles Darwin Online, http://darwin-online.org.uk/)

NOTE: See record in the Darwin Online manuscript catalogue, enter its Identifier here. Reproduced with permission of the Syndics of Cambridge University Library and William Huxley Darwin. The volume CUL-DAR262.11 contains loose papers from Account books, book sale profits, savings, etc.

The letter is published in Correspondence vol. 26, with the note: "CD's letter concerning income tax on his US investments has not been found. A funded loan makes certain debts or stocks part of the permanent debt of the state, with provision for the regular payment of interest; a coupon is one of a set of certificates attached to a bond running for a term of years, to be detached and presented as successive payments of interest become due to the holder (OED). In 1877–8, the United States converted 6 and 5 per cent bonds into a funded loan for $739,000,000 (Palgrave ed. 1915, 1: 406). On 4 July 1878, CD recorded the receipt of £60 9s. 4d. from 'Pensylvania R.', presumably from the sale of the coupons; he had first purchased bonds in the Pennsylvania Central Railway in 1852 (CD's Account books–cash account; CD's Investment book (Down House MSS)). On 20 August, CD recorded the receipt of £94 12s. 6d. from the Boston and Albany Railway, which had been called the Western Railroad of Massachusetts when CD bought shares in it in 1852 (ibid.)."

9.1

Union Bank of London,

Charing Cross Branch,

London

S. W.

20 July 1878

C R Darwin Esq

Down

Beckenham, Kent

Dear Sir

In reply to your favor of yesterday I beg to inform you Income Tax is not deducted

from the United States Funded Loan, or the Pennsylvania Ry Coupons, which are

sold, or from the Boston & Albany Ry Dividends, which are paid in America.

I am Dear Sir,

Yours faithfully

Tho Druitt

manager

9.2

Mr Darwin June (1873) (1876)

Groos - Rental

130 -

28 -

13 - 10

£ 171 - 10

Rateable Value

104

£ 144

Land Tax

3. 1. 0

Real charges or Grt Tithes see account & Vicarial Tithe

9.3

Artizan Dwelling

4. 0. 0

U. States Funded Loan

38 . 3 . 8

38 . 7 . 7

38 . 10 . 4

38 7 . 2

£153 . 8 . 9.

Railways N. America

60. 15. 7

94. 18. 4

61.5

96.6.

313. 4. 11

Books — published by me

~~39. 18. 05~~

189. 14. 3

57. 11 2

£247: 5. 5

7 2 2 / 19 /1

1 2 / / 2

9.3v

[Proof sheet of Cross and self fertilisation, p. 189]

Citation: John van Wyhe, ed. 2002-. The Complete Work of Charles Darwin Online. (http://darwin-online.org.uk/)