The enquirer. [volume] (Richmond, Va.) 1804-1815, 1808-07-22

ME, in pages %. &c and 81, and that of Mr.
Bell Re eses 81 and &c fol Il. &C
respecting the refusal OF bills. they have on
ly to consult the evidence or Mr. Mul!ett, in
page %, that of MIR. Glennie, in page IS,
aud that OF MIR. Oxley,ia page SO. You will
mud by their testimony, that they all concur
in stating the fact have mentioned, that
from the Orders in Council have risen the
stopPage of remiteances and the refusal of
bills drawn upon the faith of them.
.Noyy 1 may be allowed to allude, in this
branch OF the case, to the real and per-
manent variation that has, at length, taken
place in the rate Of insurance. 1t is no7c
nothing eStravagnnt, nor is it any msrepre-
sentation, as it formerly was, to state that a
great and steady rise has taken place in
the premium. The witnesses, to whose e.
v;dence l formerly referred on this point,
concur in stating that permanent rise has
now taken place in the rate of insurance
from this Country to America and back "a
gain, although not a considerable one: but
that great rise has taken place upon the
insurance OF neutral vessels bound from this
country to the continent. Instead of doing
IT at SIX guineas, the premium demanded
nov Is thirty five guineas; and it appears
from the evidence of Mr.. White, Gan insur-
ance-breker. largely concerned in trade to
the continent--a smuggling trade Of which
his answers led us to believe that this wit
ness knows good deal more than he is
willing TO tell you) that he goes upon the
Change Offering upwards of $751; per cent. to
Insure American vessels to Amsterdam, but
that 1t cannot be done in Short, that this
trade is as good as finished. The British
clause has shared the same fate. That
Clause which formerly used to be valued at
TWO or three guineas, bv which an Amcri-
can was accustomed to be insured against
the effects of British capture, costs now more
than nineteen guineas; in short, no British
clause can now be under-writ:cn. SO diff
ferent is an English naval decree from
French one in its execution and effects! 1t
IS only for the purpose Of showing this wide
difference that / mention the fact The
French decree has been foo,ishly and falsely
SAID to have raised the rate of insurance
from two to three giineas, while the En-
giish ones, it is evident, have actually rails
ed 1t from two to nineteen gnineas and it
IS we'll known that at that rate nothing can
be done. Although the trade to the CONT
nent continued to go on in spite of the enc
my's DEGREES, vet it would appear that the
English Orders in Council are not of so lit
tie avail; thev have at once cut up bv the
roots, the whole commerce of the country !;
they viii not permit american vessels to go
continent, for they have created refusal
to uAder-write the risque of such a voyage !;
and this proves that it is one and the same
tning tor us TO issue and to enforce OUR e.
dicts against chr own trade, which France
cannot ti'iiciii Z. ton OF by ali iler DEGREES.
Sir, have shcwn that the trade between
America andthe Continent is quite AS essen
tai to this country as it is to America, in
asmuch as we must lose two-thirds of our
payments the moment 1T ceases But must
now remark that it is impossible we should
! get even that thi"a par. oss cur payment
which remains, if the Orders in Council and
1.-THE measures arising out of them continue
| to be acted upon. Mr. Bell SAYS. that as long
as these Orders shbsist, he NAV ship goods
| to America TO thu amount of the direct paw
ment which comes over in American pro-
dnce. but that this produce vii, be deprived
OF ninc-tenths its value and therefore in
stead # continuing to trade to the amount
| OF even third. we cannot trade to the a.
! mount tfthe thirteth or the three hmndreAth
part ofwliat we formerly did :. for. tn!esss
we chose to be paid in tobacco which will
lose ne;rlv all its value. or cotton which
will lose its whole value, or anv thing else Of
70 earthly use or worth, we have no pros
pect of continuing, even to the sorry a.
mount IF one-third part, our former trade
| to America. Therefore, sir saw, that in
everv point of view in which we can look at
this new system of commercial regulation
we zee but one effect namely, that of running
& cutting off. root & branch, the whole OF
| our traffic with the United States If Ame-
RIGA, or in other words, may saw, the whole
| of oar foreign trade
(To be Conhnued J