It appears that since the commencement of the Luddite system in the neighbourhood of Nottingham, 42 lace frames, and 544 plain silk and cotton stocking-frames have been destroyed; the value of the former, when new, is upon the average about 60l. each; and that of the latter from 18 to 20l. each.
By this reckoning, Luddite actions in Nottinghamshire accounted for an average of £13,400 worth of damage, which is equivalent to almost £9 million (using average earnings) [N.B. 'l' is Latin 'librae' which represents £ sterling].
As reported in the Leeds Mercury of 7th March 1812.
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