The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-11
From the Journal Of Commerce.
TRADE WITH CANADA.

II appears from a letter of Lord Stanley, published
in the Canada papers, that the matter of regulating
the duty wheat imported into that L ovnce from
the u. Sta has been left entirely to the discretion
of the Provincial Parliament. Accordingly resolu-
tons have passed that body, to impose duty OF IS
sterling per imperial quarter upon American wheat
imported into Canada such duty TO go into effect on
the 5th of July next Toe preamble expresses conf
dence hat upon the imposition Of duty in Canada
upon American wheat imported into the province,
such wheat will be admitted duty free, or rather as
Canadian wheat, into the ports OF Great Britain. A
bill was afterwards introduced, embracing the sub
stance of the resolutions, and VIII doubt become
law The Kingston Chronicle says;
"The English Government offers TO the province to
repeal the imperial duties, levied in Eng land upon
wheat imported into England from Canada, if the
Provincial Parliament Will impose duty on wheat
from the United States. The provincial Administra
ton has agreed to accept the offer, and proposes 10
fix the duty at about IS. sterling per quarter or
I'D. currency per bushe Surprising the impor
tation from the United States to be about million
of bushels thi, offer will add to the provincial re-
venue about 9370,0J0 sterling. If II shall only
amount to 1000, 00J it will be an enormous addition
to the provincial revenue which will no doubt be APP
piled to public works-to the erection OF public
buildings in which, as conrasted with those in every
great town in the United States this province i,
greatly defcent and il is to be hoped, TO the erec-
ton of schools
"To some extent the duty will be tax on the IN,
the wheat imported is consumed here If the duty
was merely on wheat, treating it as Canadian wheat
when exported, 1t would amount to the duty levi
on Canadian wheat in England, but the amount " i'll
be much more, and as the wheat will be manuiac-
tured into -four for expectation, the province will
have the profit Of the manufacture. This is the first
time that the Imperial Government has given up to
a colony the duties it thinks proper to impose i'll En-
glad colonial imports for the regulation of its
own trade"
The following is an extract from Mr.. Stanley's
letter above referred to
BY the law, as it has hitherto STOOD Canadian
Wheat and Wheat Flour, have been admissible into
Great Britain at a rate of duH estimated at Is per
Quarter until the price in the English market reached
7Os.-at which amount the duty fell to cd. BY the
Bill which is now before Parliament, duty of 5s is
leyiable only while the price is below SIS, and at
SIS falls to Is only But in addition to this reduc-
ton in the amount Of price at which the lower duty
becomes payable, it is proposed to take of the
sriction which has hitherto been imposed upon the
impor alton of Canadian Flour into Ireland, and
thus to open new market to that which may Justly
be consider ed as one of the manufactures of Canada
II is true that the Imperial Parliament at the time
they admitted Canadian Produce at nominal duty
might consttutionally have imposed corresponding
duty upon the imports of American Wheat IN Canada
and might thus have placed a check upon the undue
influx of Foreign under the name of Canadian pro-
duce; but whatever might be the view taken by her
Maiestys Government under different state of cir
cumstances, in which Tax imposed by Colonial Au-
thorty and Of course receivable into the Colonial
Treasury, upon wheat imported from the U. States,
might secure the Agrculturists of England against
the competition Of foreign growers, they have been
unwilling to impose such Tax, by the authority of
Parliament, upon raw article which might be re-
auired for home consumption in Canada, and in the
absence of such tax have felt it impossible to pro-
pose to Parliament further reduction than that
which they have submitted, in favor of Wheat and
Wheat Flour shipped from the Ports of Canada.
4 have sc.