The enquirer. [volume] (Richmond, Va.) 1804-1815, 1809-01-03
CONGRESS-.
SENATE CFYVE UNITED STATES S.
WEDNESDAY,, Nov. so.
EMBARGO DERATE-CONTIN

(M1. Pfckerins'S speech Continmed.)
Thus, Mr.. President. we see that the risk
on our foreign trade has Been very little en-
creased sirce The issuing OF the French de
cree Of BcIliu, and t:ic briIisii orders i'll coun-
Gil.
The gcntlcmanfrom MARYLAND (Ntr. Smith,
asks-N hat would have bcCs the Insurance
on an American vessel bound TO France :!
am not Informed Perhaps IS to SO per
cent. though it is not probable that our mer-
chants wond hazard their vessels OH such Il
voyage, OF that the underwriters would insure
them Bat what does this prove Why,
that the risk under the British orders, Is SO
great, IN attempting to enter d port lii France,
as perhaps 10 amount to an actual blockade
i now beg leave, sir, 70 communicate the
Information have recently received tro.a
the latter ct the two merchants before refer
red to x HIring requested Of hm the data
on which his opinion before mentioned was
founded, he has sent me an answer dated the
Esd instant, from which l will read the Ina
tcrial parts.
lie says, respecting the comparative
trade OF profound peace, and thu present mo
ment, If the embl,g1 shouid be rcmoyed, and
The DEGREES and orders Of council remain, il
Is - subject about "hich ii is difficult to go
mo mat dasaii which viii show satisfaCtori
~ ar exact rcsult: because, il You resort t.
TIC exports OF year III time If pr0:Cund
peace, and Compare TIC aggregate wiiti
~ in war, The prices bei;6 50 different, tho
difference in amount wi.l nu5 give the exc.
data VIC want. Ard to takc tx quantity =.
each article vt export will not be sAtistaC-
tory because IN different years we export
mSrc OF the same artlCie TO INC same fnarkrt,
ana IN proportion to the encreased quantity
raised, OF the goodness or badness OF tic
nj he 4 H., ,tNe
o." ."atc would be much ,.reatcr and more
productive, it the embargo were removed,
tnan 1t cen be- in time CT peace beCaasc
Ndtn thC colonial trade Of the European pow
erS IS COZ Incd DIS usual, We cannot carry a
ny klnd OF provisions to the Colonies OF any
Of them, without being subject to a heavy du-
ty, nearly equal to a prohibition. And we
are not allowed to bring away any thing but
ruin ard mu,assss and of course VIC lose
the Whole OF the colonial trade, 90 far as res
poets importing any articles with a view Of
exporting thrtn again excepting only from
The Isle 81 France, and Bourbon, which has
generally been free. But VIC may be shut cut
there. The trade 70 the colonies is now free
ipr all exports and imports with small du-
ties. And If tGc largest and most natural
European markets for tkc sale of Colonial
produce are ocCiudcd, still we have open to
u, all that tho Rr.ssh have, and " C C;.n now
carry those articles to Sweden, Spain. rogtu-
gal, Coast Of Barbary, Turkey, Sicily, Sar-
DINA and Malta; She three last ofwRich 2re
ports at which the articles sell high, and
arc brought for the purpose Of smuggling o.
'er to tic continent, where they are sent in
great quantities.
he following statement is then given, of
the aunnr- q our exports from the sou of
Sej'cmGer 1906, to September 80, 1907,
(takca frora tic report Of The secretary Of
tic treasury - countries ana pieces Other
tina" those in Europe which are Under the
AIR. TacraJike.