From this is deducted the average annual cost of repairs, insurance and renewals, the balance constituting the rateable value.
Deperet points also that we owe to Cuvier the first clear expression of the idea of the increasing organic perfection of all forms of life from the lower to the higher horizons, and that, while he believed that extinctions were due to sudden revolutions on the surface of the earth, he also set forth the pregnant ideas that the renewals of animal life were by migration from other regions unknown, and that these migrations were favoured by alternate elevations and depressions which formed various land routes between great continents and islands.
One-third to be deducted off all repairs and renewals, except ironwork of hull and cementing and chain cables, from which one-sixth to be deducted.
One-third to be deducted off all repairs and renewals.
This act continued by annual renewals until 1906, when it expired.