Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1808-07-22

rica, ana N we are deprived OF that means,
me whole OF the quantity of fish, caught ia
Newfoundland must come to England, and
u 1t came to England, it must remain here
totally unsaleablc.
mr.. A6raham Mann, called in again.
What proportion ofthe whole of the trade
carried on with the u. States to the whole
Iof Europe is, in one shape or other concen-
trated IN this country, and consequently be-
neficial TO the commercial interests of this
country / conceive nine tenths; some
persons are of opinion that it exceeds that,
IN one shape or other, in inshrances or re-
mittances made here on American account
What are the data on which you draw
that conclusion General observation.
Have you any accounts on which you
state that No, have no positive date.
Have you any accounts at all on which
you found that! No, 1t is general conjec-
Fture, certainly from the information which
have obtained in the course of business
In the event Of such an interruption of
the intercourse between this country and
the United States rs shall produce an In
terruption to the course of remittanccs,
what in your opinion, would be the effect
on the manufacturing interests of this coun.
try! bankruptcies and distress the most
extensive.
On what data do you found that opinion
Purely from the knowledge l conceive i
have acquired of the trade. from having
been in it for II years past.
Do you derive that knowledge from any
ACCOUNTS Which you can state! No, only
from my own apprehension, that the priva-
tionof the vast sum owing from America
in commercial debts TO this country, will
necessarily create that distress which
have represented.
iSit possible 10 have any correct data up
on Which to calculate a subject of this ma
ture conceive it to DC altogether impos-
sibje.
10 not you know, from your own know
ledge OF the American trade, that there are
very few operations out of America TO any
part of the world. which are not in some
why Or other connected with this country,
either in insurance on remittance, or in
some other way? That to the East-Indics
is not with the exception of the East and
West-lndies, conceive the European trade
IS concentrated in this country, or passes
through this country.
Nm. Rath5ofn, called in again.
i You stated last night, that if the whole of
the foreign trade of Liverpool were divid-
ed into sixtecnths, you consider fve-siX-
A''EfiAnS Ot lNll lO DG Go you
consider that in the present reduced state
If the trade of Liverpool, the proportion Is
only fve-six,eenths? l certainly did no,
ihtend my answer 70 apply to the present
safe Of the trade of Liverpool, but To- that
trade which existed twelve months ayr.
The trade TO the United States comprised
but e-six eenths. Since that period we
have been deprived Of the African slave
trade that trade constitu ed believe two
siX,eenths of the trade of the whole town
in the privation Of that trade, believe
speak not my own sentiments only, but
thosc Of considerable majority of the town
of Liverpool, if say that we make thar
sacrifice with chcerfulness, for we believe
that the dictates of justice and humanity
required that sacrifice. / stated the A.
merican trade at five. sxteenths; the At
rican slave trade at two; our trade to the
Baltic, the northern ports and the eastern
iports OF Europe, and our trade 10 Portugal
was FIVE more: that which l wish now 10
say is, that at this time the town Of Liver
pool is deprived oftwelye- sixteenths ofthat
trade which she had twelve months ago.
md that one fourth OF that trade is all which
now remains tous.