The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-03-14
The Ware housing Eli.

TO arrive before her news is received.
Our news fieetare on the cruising station.
The Ware housing Bill.
There have been several attempts made,
during several sessions of Congress, to per-
feet and pass warehousing bill, for the
purpose Of facilitating our import and export
trade, and TO simplify the business connected with
that department OF commerce. All these attempts
have failed, and we are still without wareheusing
system. Every commercial country of importance
in Europe has had for years plan of this kind ;
and its beneficial effects upon the trade of these
countries have long attracted the attention OF that
class OF merchants of this country interested in
the adoption of similar system in the United
States
Petitions and memorials to Congress- in relation
TO this matter, have been presented by the dozen,
but they have, yet, received very little atten-
ton. These petitions and memorials state that
the absence of the warehousing system, and
the payment OF duties in cash, tend to throw
large portion of import trade into the
hands OF European houses, who, being gene
rally large capitalists, advance the amount
OF the duty, without inconvenience, and at much
less cost tor interest," than the American importer,
besides enjoying the facility OF drawing bills on
their partners or principals abroad thereby obtain
ing credit on the duties until the bill natures,
which is usually some months after the bill reaches
Europe "a
The local exporter, having a large capital, has
facilities for carrying his business, under the
present system, which the importer OF moderate
capital cannot command The duties upon most
articles of foreign manufacture imported into the
United States pay duty varying from twenty five
TO htty per cent, which, being required in cash,
restricts the resources of the man OF moderate
means, and enables the wealthy foreigner, or local
importer, 70 monopollse to very great extent this
importing branch Of the business
There ls no doubt but that the system upon which
our import and export trade is at present conduct
ed tend TO restrict the importations very much and
it, therefore, will become absolutely necessary thai
such system should be adopted before the
notifications contemplated in the tariff are made
as il will be necessary TO remove every restriction
upon import trad possible, to ensure a revenue
from the new bill The establishment of the ware
housing system would give much more business
10 our commercial marine than it has heretofore
enjoyed in the most prosperous times. A vast guam
tlty oil merchandise would be imported into this
port, go into the public warehouses, and be exported
again, without going through all the ramitications
now necessary to obtain the drawback. Many arti
cles would be imported into this port great guam
titles, that are not now imported In the smallest
amounts for the purpose OF making up assorted car
goes Tor expectation TO the South American and Other
ports There would be nothing lost by system Of
this kind, and every thing gained; and if it would
increase the aggregate trade of the country, and
give more employment to our merchant vessels,
there would, al least, be great deal gained.
This bill, while ltwould increase the foreign trade
Of the country, would regulate supply of foreign
goods more by the actual demand than it has here
tofore been. Merchandise would not be taken out
Of bond any faster than il was really required, and
the market would not therefore be flooded with
foreign manufactures, as il has been often in past
years. The warehousing bill should be connected
with the new tariff BILL and passed together, as it
will be more necessary under low tariff than under
a high one
The FOREIGN News AT BosToS.-The public were
much surprised yesterday morning on seeiug
day later news received at Boston, and publish
ed exclusively in the Herald. This news was
ceived by exclusive express from Boston at IL
o'clock on Thursday night, at which time our ex-
press agent walked coolly into office and de-
posted 1t desk The news was not OF much
importance. IL shows, however, the unc easing VI
GLANCE and enterprise with which this paper Is con
Quoted
We dd not anticipate getting any later news from
Boston until the arrival of the steamship, but our
ever watchful and go ahead agent, Mr. Bigelow,
while quietly despatchlng his parcels throughout
New England. underst 4ndng that the Sunbeam, a
splendid ship, and honor 10 Boston, had
arrived at that port quietly, and without the slight
est noise, put on his overcoat, placed pa
per In his pocket, which he obtained at one
OF the offices, Jumped on locomo-
tive and came through to our Office with one
days later news. He started with three days later
but our packets took two days sDt Of his hands
Inc New YORK packet captains must begin TO look
TO their aures, as the Boston packets appear to be
clippers.
We do not wish to make any great fu 90 about this
beat, tor we have got accustomed to the business.
and take it quite cooly. We now even have an
idea of letting the Holy Alliance beat us for once
or twice, we know 1t would do them much
good. Our reputation in the line is established ::
but they have yet TO build up theirs. We will re-
fleet on the matter, and perhaps we will give them
chance to beat us one of these days but it will
be a pure and unaduterated act OF charity if we
do so.
Nrw YORK PILoTs.-We are glad to say that the
Joint resolutions introduced into the Legislature Of
this State, concerning the New York pilots, were
adopted by both Houses on Tuesday last. These
resolutions the effect that Congress had bet
ter leave the pilot laws in the hands of the Legisa-
lures OF the several States. We hope the passage
of these resolutions will have a favorable effect
upon the memorial OF the pilots, which is now be-
fore Congress, praying for the same thing. II
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