The recorder, or, Lady's and gentleman's miscellany. [volume] (Richmond, Va.) 1801-1802, 1802-06-02

ty-R"o Ehouiand dollars The fpe-
clhed exports of the United States for
thar year came 70 ffty-one millions
and three hundred thouland dollars.
There was beiides a large chain of
oiniiiions inthe exports of south Ca
roiiAa. The whole amount might per-
haps be ffty-four millions. Of this
mas, the exports TO Italy and Moroc
co form aiixty ninth part.
The trade. 10 theie two countries
mutt DC regarded as the only advantage
aarlllng from the Algerine negotiation.
But the year 1897 far exceeded the ne
dun of exports; and farther, The
n0cch and Engliih would have been
glad TO convey, in their own bot
toms, whatever proportion Of Amcri-
can commodities the TWO countries
might want, Il is mott likely thar a
PART or the exports from the United
Stetes 10 Italy and Morocco, in i7oz,
were taken from this country in foreign
bottoms, and under the name Of Enc
land, or HOLLAND, for example. / mention
this wereIy to fhcv rhat the augneD-
tafion of the Italian trade fhould NOT be
( altogether atcribcd TO the Algcrine
treaty, which perhaps had no flare
whatever in the incrrale Of exports.
/ heie particulars prove the iniIep;-
hcant objea for which America has
become tribunary to Algiers. On an
average, the exports ought not 10 be
rated at more than Ave or FIX hundred
ehouland dollars, per annum. The prea
ter part OF fheie cargoes ALTO would
have been transported by she Dutch anc
Z ogiiih merchants for the common anc
mode rate percentage Of the carryins
trace. Hence The clear and real p,,5ii
| airing from the fliendfhip of A lgier
comes 70 very triaing matter. Il
only this, thar We have a market fome
whar better than what we othcrwij
might have had for an hnndreth part q
our foreign commerce. We buy an,
tell for ourielves, intead Of tran1actinl
through the medium of third parlv
In that petty portion Of trade, there
tore We ihalI buy and fell perhaps fv
per cent. better than we otherwiic couI
have done. But even that is doubtful
A 1olitary American captain, when h
enters The port ofLeghorn with cargt
has many Disadvantages in compenI,
with The imports Of an efablihed Br
tifh houie.
Bur fuppole thar thirty tIlouland do
lars per aHnum OF additional profit az
made by the trade TO that part of tn
world, fince it has been extended undo
: the wings of th4 Algerine treaty, + an
tince II was carried on in American bot
toms Ill is mt go0H t5at g0e5 into II
pHyF, fays the proverb. IF The capita
employed in the carrying trade can b
much beMer expended in farming, thei
fhe whole benefits pretended to come
from the tribute 60 Barbary mutt i7u;
ina perfect bubble. / ibal hereafter
/ go into 7thsr argument at lome length
and fhall only remark in this place that
the ituaricn of farmer is certainly more
independanr and more happy than that
either OF lailor, or Of an exporting
merchant. Of the former, one half &C
to the bottom. OF the latter, one hal
/ 90 70 iaib or ar leaf become infolvent.
Bur, in the ioudeit wind that white
through the Ky, in the MOT uniyerfa
craG that overwhcln1s commercial ere
dit, the in,lgltrioug farmer enjoys thu
Pleafure ofhis owhdreide. lie goes TO re-
without fearof a dartiug plank deeps II
a decent bed, and dry G6irr, and, as he