New-York tribune., 1842-02-01
7 II Z T r IB N Z.
For The Ncw-York Tribune.
INJTSTTCt,.

b.. part:kefs III its trade, IS much disturbed at
some OF the statistics of the Lakes contained in
The address nf Gen TALLnADGY at the clo>c.of the
ourccnth tar OF the American Institute. The
writer of the article, BY keeping out Of view some
important circumstances and making case tha,
certainly can gain him credit for cnndor say
Znohing OF integrity, assumes most puisSant alti
tudc and seems to real editorial Capt. Boba-
dill. welding his editorial pen in all the compa-
cency OF triumphant victory.
- Gen. Talmadgc did exhibit in thar Address a
picture Of what olir country mt"hA 0e c"niITtstcd
with wlla, IS. that every true American present
,ea, pairn.d 10 hear lie opened 10 view the causes
ot this contrast 1t an Address which deserves
. the gratitude Of the couniiy-cmbodvng more, i'm.
portan statistics bearing directly o,r commerce
,Ilan have heard any occasion in one discourse.
I, country was described Of unboundcc resources
and free people Of surprising enterprise and IN
dustry, with 300 miles OF canals and 1900 miles
OF railroads, on which 800, 100000 had been cx-
pended and all begun and finished in a few wears.
country capable of such mighty achievement,
had been arrested in the progress Of its improve
ncus and in ts enterprise, and its labor paralyz,d
Ii was rcplctc with facts and official statistics
The authorities quoted. llcq,.orcd, naming
lis authority, that of the packct->hps recently ar
rived from France England and Germany with
valuable cnrgoes, about ninc-,cnil- were consigned
IA foreign houses.
The distressing transition from uncxamplcd
prosperity to extreme depression, ,neI extended
bankruptcies every where visible h. attributed 30
0ntciSc iegiSiotion. He showed, bv the dcs-
patches of our resident Minister, ,ha, during the
same year imported from France 85000,000
francs; exported only=l10, 900, 600, and paid
the balance in specie. He stated, quoting the
same authority, that all received from France
were manufactures, and all we returned her were
raw materials and further ,wn-thirlS OF oil we
receive from France is free of duty, while every
article we send is required to pay Il duty. Five
cents per pound more is required of American han
OF Egyptian Cotton. To enable ilc Ercnchmnn to
get the highest price for his silks here and prevent
the competition Of silks east Of the Cape of Good
Hope, duty of 10 per cent. is required Of our
Government The same Minister (Gow. CasS)
states ha, the history Of modern trade scarcely
affords instance of such inequality, and CON
cludcs by recommending coun,cryailing duties;
but our Government takes no notice of it.
The same minister also declares there is no
hope Of putting stop to the enormous cxactionS
clanc, the introduction of our tobacco into
France. From the report of u Special Agent OF
our Government. Gen. T. proved tina; Europe re-
$ =c,vcS annually n tribute of thirty millions of dol
lars imposed on American tobacco, and England
above seventeen millions. Nothing but starvation
will induce her To receive our flour Tor conSump-
ioI. Sailed pork gains admission AT Sh per bar
rel Frcsl, pork Is prohibited Lumber IN Amc-
rican vessels is prohibited. &c. lie also showed
hoy. England was making every c3crion III hcl
4
bv an English Price Current which he exhibited,
=showed that that 323,912 bales decrease IN one
wear The exports ui specie from the L. ). tor
one week he showed to exceed one million of dol
lars--abont one million OF dollars. he stated, had
been for months past going out OF the country, tor
=luX,l,ics admitted into our ports free ot duty No
currency or banks. or agriculture, manutac
lures can Ii" mos, cmpha,ically said, flourish in
such a state Of commerce. And who is there that
will not say amen
.A.tcr showing the alarming condition Of
foreign lonnagc--that disadvana9cous discrimn-
ilions were fast DESTROYING our commerce. he ad-
vcrted To t,, Lake Trade. Here he read the very
words and figures of the Secretary OF the lica-
=Sury from lhc annual report, and commented IN
hs spoken address. with great severity on their
imperfect contlitlul.
lie said it seemed impossible that there should
hc#So great atalliug oft us was represented by the
reports. although the Western papers and rumorS
Represented the trade through She Nclland Cana
u- enormous. aud although the returns OF our Ca
nal Tolls showed most convincing that the diver
sion ot trade operating" most pcriilclotlSlv on
o canal tolls. coa>ng vessels and our torciSn
Tonnage But he told the audience ne gave the
hcS, authority that had come within his reach
= tn, documentary reports u. the Government.
His address. not intended originally ,o=be pub
,,l =, bn 4, All
bv particular request, 10 correct mistakes which
unfortunately had found their way INTO the public
prin,> In the sketch he supplied, he did not deem
proper, to enlarge particularly on the inlpertcc-
tons of the Treasury Reports. But in this he
sives the exact figures from the tables marked rs
uoo,eC. and expressly Says-ihe tc6les are too
ia9eY,iect 10 state tie commerce q ne Upper
Lakes, and then remarks ON the public reports,
and quotes from respectable Western Journals all
corroboratvc of the fac, that diversion OF ousi-
ness very large amount, had been enectcd'
ZA.tcr being diplomalizcd out OF our West lnola
Trade and to great extent out ot OF. oreish
Trade III Amerca bottoms, our crafty competitors
set about monopolizng two thousand miles o. our
CoaSting Trade along the Lakes. Though ourio-
reign tonnage had received fatal blow coaS,ing
trade was iiouriShing. While England hcmlncd us
In b> her Colonies winch She boasts circunScrbc
;h. whole earth ii MAS TOO much Tor diplomacy To
oSk ib0, her ,hipS should sail directly from one
Part o our country 10 another. She mig ghtaS wei!
lploma7c hct self INTO our houses and work into our
par,r,.S and lardcrS-our cribs She already indi-
=rcctly commands through her Corn Laws =, her
own priccS-hc prices being indicated BY her
sliding scale which She slides mp OF down as She
plcascS.
Wha, motive. i, will naturally be asked has in
dnced the Buialo editor his unfair dealing with