The enquirer. [volume] (Richmond, Va.) 1804-1815, 1804-10-06

C. BRITAIN AND THE U. STATES
The fatiAieal and financial document which was
laid before the Britiih Houre of Commons, by the
chancellor Of the exchequer, the 9th of July laf
which has appeared in many of the public prints Of
this country, is important pats by US without
confederation and comment. To the E,gliih reader il
will be recommended by the very great extent Of in
formation which it conveys Of the political economy
Of his own country. To an American reader, it will
be douby interehing. It will furnh him with view
of the financial 1ate Of great nation from which his
own country men have borrowed 70 many of their
political intutions and which is in MANY rspetts the
mott influential nation that exits on the frface of
the globe. It will belides preent him with the mate
rails for taking relative view of the fate of hi. own
country, in thofe political points in which it is mott
important to compare two nations together. Where
the countries thcmfelves great and the points of
comparifon for which they are brought together are
important thee relative views always curious ard
often inftrucive. To fuch deneaton the follow
ing curfory remarks will be principally confined
In the examination of 70 complicated fubiea the
mind naturally defres fome Gmpie arrangement that
may enable 1t to take entire view Of the ieveral
objects that are brought before it. Where the points
of confederation 70 numerous and different from
each other, it naturally feeks few genera claes I'M
der which it may diitribute this confuied groupe of
images. The prefent fhbjea spontaneously leads us
Ct,
this document notices. relates either to the pecuniary
concerns OF the people, or Of the government The
itatement OF the rit principally confined 10 the ex
ternal trade of Great Britain. The Ratement of the
la is made to comprehend the feveral clades of its
debt, and the prelent annual expenditure. with the
principal details Of its financial reources It will thus
be eafy reduce to the two heads of Trade and FL
nance, the mott ntereiting faas in this document,
and of courfe all the materials which it frniies for
companion with the fatcal and financial affairs of
this country.
TRADE.-The official value of the ByitiG ,uanufae
lures exported from Great Britain on an average Of fix
years. ending the 5th of Jan. 1904, was los $50
dolls.
The official value of foreign merchandise exported
from Great Britain average of fix years ending
the 9Th January, 1904, was 6S, %, 666 dolls
The official value of american dor4efie produce on an
average of fix years. ending the Ii of January sos,
was 36,29o,o7l dolls.
The official value of foreign merchandise exported
from the United States, average of fix years. end
ing the LII of January, 1904 was 50 600 1896.
If we may ailunne the petition that the value of Bri-
tiih manufacturer exported conuted nearly the whole
OF the exported produce of that country it will then
follow that the exported produce Of c. Britain exceeds
that OF the u States by 69,639,9G9 dolls II will fol-
low that this part OF the trade Of Great Britain near
y three times as great that of the United Stares-
The capital OF the carrying trade of that country how
Il
32,459,67o dolls that is, this part Of the trade of
Great Britain is quite twice as great as that of
the United States.
The tonnage of Brittle fhips employed in the To-
reign trade of Great Britain in the year ending the th
OF January 1903, was average about 1862 20.
The tonnage of foreign ihips employed in this trade
during the fame period was about 7s7 ,slz
The corrected and regRered ;onnage of the United
States, amounted at the commencement of the year
1903, to 56O,38O.
The tonnage of foreign veaels, which entered the
ports OF the United States, during the year 1902 a.
mounted to l46,779.
Hence, if the Briti[h and foreign tonnage, which
are e1Preiied above, be really employed in conduct
ing the trade of Great Britain with other countries
and if the corrected and regifered tonnage of the u.
States be really employed in carrying their foreign
trade we may conclude that the tonnage employed in
the foreign trade of c. Britain is about three times as
great that of the u. States.
Hence, with thefe data, accompanied by calcula-
ton OF the comparative rapdy of the returns derived
from this trade and of the of yet, derived from
the ae of the produce imported and exported by this
tonnage, and of the relative buN of the commodities
transported we might be able to determine the ratio
between the profits aring from the Foreign trade of
" Britain & that Of the u. States. IF lber-
ty to aiiume thefe equally quick, and thoe
profits as equally great, ihoud probably approach
the fame ratio, with which we have been fmnilhed
Wy OF the produce Dotn f0TefgT and do
nHJie which is exported from thelc two countries
We might perhaps aflert that the foreign
trade OF G. Britain is TWO three times great as
that of the u. States
The official document fuppes with no account of
the internal and eOaag trade of Great Britain 1t
therefore mpofble for inttute comparifon be-
tween the trade carried between the different parts
of Great Britain and the trade which the different
fates and ditris of this country carry on with each
other.
FINANcE-The annual refources of Great Britain
are appropriated to the payment Gifts annual s*enee
and to diicharge its accumulated debt.
The total amount Of its nrdtj debt, the n of Fe-
bruary, 1904, boyaad, nine bnzdyed and o,ty
1Tiari, vea hundred and 90 bogEand, 500 dazays be-
Tides annuities Of different kinds to the amount of
6,95o,553 dolls and a new loan of sipbty million,
ooo,ooo doiis. borrowed during the preient year.
The iptysP, charges of management, and her ex-
pences incident to this enormous FUN, amount to
lo4,922,l SO dollars Reader pdufe for moment,
and reduce this FUN to papabe weight and dimenfion
Ultimate the weight of this FUN in the form of FLYER
with the number of horles and wagons which would
be neeeary convey from the treaury or let your
imagination conceive the pace of ground, which thefe
dollars put along de Of each other would be fufci-
emit cover, and then you will form fenfble
image Of this FUN exorted from the labour
OF the people of Great Britain.
Our debt, eftimated by the fortune Of
private man or by the number of individuals
whom it would feed, elothe and lodge, appears ex-