The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-08-25

Corn CSu.hesJ 5a9'697 1926 q times as great)
Cornmeal lin barrels) 64,l37 lS5O7 az times as great
Lard nkegsD 1871 Al go NEARLY double)
Wheat, s22s 1000 600 times as muchj
Flour, (wheat 4l4075 lo36l4 a times as much
Rye -four 6,i99 21Ol CT times as muchD
Butter ls,os7 1851 ut as much)
Flour and wheat imported into Flour and wheat imported
Liverpool in the month Of into the whole OF England
June 1876, from the United in the year ls45 from the
States: United States:
Wheat 100 472 bushels. 2OlO bushels
Flour 1882 barrels 33,335 barrels.
The amount of wheat in bond in Liverpool on the aoth
June $40 900 bushels, all Of which entered for
consumption that day at duty OF sixpence sterling per
busbel
day O00 at two shings and fourpence sterling per
All of the -four the United States and at S. the
barrel would amount to 600
The wheat wa. R5GDssyy n!s from n ths United
than it cost at the time of expectation 100000
$780,
The total amount of -four and wheat exported
the United, States, 5,7ss, 500
slo5, 593
Showing that the exports to the port of Liverpool
alone have been already within $l05 500 of the value
of all the exports of the United States in those ari-
cles to all the ports of the world in lS45. This Is IN
addition too, to what has been taken out of bond;
the amount of which is not known, but it may be
almost or quite equal to the present amount in bond
Nor does this statement of the month of June in
clude Indian corn, lndial meal rye, oats, or barley;
the amount of all which must have been very large,
Judging from the mportations previous to the month
of June.
Such is the ascertained result, not Of the actual
reduction but only of the anticipation of the reduc-
ton of the English corn laws. WHAT let me ask,
must be the effect of their total repeal by the pas
snge of Sir Robert Peel's law, which am told has
reached us in authentic form, in paper not now
before mel | have read these extracts from a
whig paper-from tariff paper-the New York
Tribune.
Mr.. WEBSTER. Have you stated to what place
these exports were made?
| Mr.. LEWIS. Principally to England.
Mr.. JOHNSON, of Maryland inquired the date OF
the paper.
MIR. LEWIS replied that he had received it yester-
dav Now ask, (he continued, y if, under the tariff
of lS42-bad az it is, and it is worse than anything
that the people should ever submit to-lf even under
that law anticipation Of the action OF the British
Parliament on the corn laws, the expectation Of
American produce vastly augmented, what
is not to be expected from the operation of a law
which must necessarily tend in itself to increase I'M
portations after that anticipated action had taken
placer What is not to be expected when reduction
has taken place at both ends of the line? There
must of necessity be greatly increased elasticity in
all commercial operations, and imports and exports
must 90 on augmentng with vastly increased activi
ty. 1t is difficult to say what increase OF imports
NAV flow from the reduction Of duties. The follow
ing extract from an English paper, received by one
of the recent arrivals, may throw some light on this
point:
"S,ppiv of Indian meal Cork-Such Is and has beer
the extensive demand for this article throughout the coun
try since the price fixed at ten pounds per ton, tina
there has been issued from the government depot at tbs
Lee Mills in this city thousand tons per week TO The
several relief committees who receive supplies that is tel
thousand pounds worth OF Indian meal per week is ISSUED
from Cork alone make up for the deficiency caused by
the failure in last years potato crop independently
the amount sold by importers private account, which
however have opportunity at present OF ascertain
ing but which assured must be very considerable
cargo Of yellow neal in prime condition. was last week
offered 10 relief committee at Dos quarter or aou
SO per ton and the extensive mPoratons tat have
taken place. and the prospects of an early and abundan
harvest and the reduction price Of other breadstus h
price is expected fall still lower The prce.ot the mea
al El0 per ton equal about two and quarter cent
per pound BY the quotations Indian meal was worth
he latest dates about cents per pound The duty
about nine cents per hundred weight
Fourth. But | ask, is not an increase of impor
tatons necessary consequence Of reduction o
dutiesY Do not reduced duties and increased i'm
ports sustain to each other under all circumstances
The relation Of cause and effect? Where has ]
ever failedl Where has the reduction Of railroad
4 fare either here or in England, failed to increase
the amount of travelling Where has there beer
a reduction Of the rate Of postage which has no