The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-04-09
6.5SO.O.t3
2.014.hll

The mining industry aiding commerce in supplying the
material allows the independent treasury law give effect
the gold bills Of 1884 81 and the Regulation of the
rency, within the meaning OF the constitution, is but
commenced and at most fortunate uncture The volume
of the currency become full of paper which
may vanish thin air in breath, but of substantial
which the holder cannot be deprived without equva
lent
Tho expected operation of the tariff in relation
Mexico has given very general satisfaction. Since the
operation of cash duties the carrying trade Of the continent
has a very considerable extent passed from the hands
of American vessels mainly for the reason that the Mex
and southern ports required extensively assorted
goes supply their wants, and prosperous voyage
qured that the vessel should proceed from points where
greatest proportion of those goods (beng the products
all nations) could be obtained the best advantage
The United States offered facilities for such
go They could sell goods and certain articles
of American produce cheaper but the bulk of cargo
would than in the welstored and duty free
houses of England When goods imported here they
paid high cash duties arrival, and when re-expoed
charged with accumulated expenses, interest, and
the 81 per drawback The trade necessarily fell off,
and English manufactures suppanted those of the United
States in the Mexican and southern markets, not because
they better cheaper, but because they reached
their destination amid average cheaper cargo than
could be furnished in the United Sates and also because
under the prohbitive tariff of Mexico, English merchants
could buy the exclusive privilege of entering prohibited
goods This matter be reversed. The admira-
BILE warehouse system being gradually perfected will
offer merchants cargoes good terms those of
will open facilities to all. Cotton goods have for the
part been prohibited Itappears however that England
ported the following quantities Mexico in the current
years. 1856.
Exports of England 10 Dferico.
o''" E Es @' 5000 ss ss e oS:4 plain s' SIN
calicoes, plain ootohs, yds. 1919
y Hsss &C.. ds ~ Ss ''
Cotton sbawls
&C. doz. ioosa 1875 Cot and linen yds 4s7l7 $500
Linens yards 4eai6ss 2s79l7s and woolen C. 1881 1910
Woollen and
worsed, &, se,seo Ia,Iso Silks &C., e. 6soi su7
The blockade and warfare of 1916 do appear have
affected the trade much The export of printed cacoes
Mexico was half much to the United States. Apart
from the immediate trade which may be opened in that
quarter results looked for Mexico from the
planting OF commerce her soil under circumstances that
VIII favor its progress and the growth Of commercial in
tcrest that may hereafter control the turbulent military, and
by so doing enable Mexico become respectable coun-
try.
by the successive arrivals of packetshps have n
few days later from Europe, and the advices have
the effect of making produce advanced
rates the so. that the stocks small and that
reights have in consequence, declined The river is
not yet open, but the fine spring weather would in
dictate that it break up. The railroads have
delivered 10000 barrels flour Albany since January
lst In this market flour has gradually advanced to
81 10 81 s7h Sthe latter for quality Cen
esee Sales deliverable in May, SO So 20 days after the
river opens, 81 37b Sales Georgetown, 81 12t Indiana
round-hoop, 81 so; Howard street, 81 25 81 s7i vr
GINA, SO 10 81 1879; Richmond city, 50 l2l The mar
ke is nearly bare of southern. Rye -four 81 62i 81 sly
There is very little wheat here. Sales southern Mixed
81 30; Jersey red 81 40 81 80; Genesee 81 S.
rve Northern rye, arrive in May, 90 ditto in
June, 50 Oats canal arrive 42t cents Corn has
advanced, owing partly diminished supplies Of sales Of
100000 bushels southern white brought 80 90 cents ditto