US Presidency
1870

It is believed, however, the following figures will be found to be not far from correct: Imports to Great Britain, $ 42,820,942; exports from Great Britain, $ 40,682,102. It thus appears that notwithstanding the greater distance which the commerce has to travel in coming to and from Great Britain, notwithstanding the political sympathy which ought naturally to exist between republics, notwithstanding the American idea which has been so prominently and so constantly put forward by the Government of the United States, notwithstanding the acknowledged skill of American manufacturers, notwithstanding the ready markets which the great cities of the United States afford for the consumption of tropical productions, the inhabitants of the Spanish American continent consume of the products of Great Britain more than twice the quantity they take of the products of the United States, and that they sell to us only three fifths of the amount they sell to Great Britain. The Secretary of State appends to this report the tables on which these statements are rounded.