The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-04-30
COMMERCIAL.
New YoRk, Thursday, 4 p. m,


A with general favor BY IT, few more OF the absurd re-
,ctons of bygone ages upon commerce have been re-
moved and new means of intercourse between the new
and did worlds thrown open. The merchant navy oil Han
r Is about $50 seagoing ships, of near 4oOoo tons BUR
I and that shipping has enjoyed peculiar privileges III
up the Wese and the Elbe the foreign anu Colo
nal merchandise destined Tor the consumption OF Germany
The kingdom OF Hanover, most people are aware te
bdtav property of the kings OF England, and mas per sc
population of 100000 persons
noun 10 the demise of William ~, the same sovereign
d in England and in Hanover The Saitc law being'n
go IN the latter kingdom, excluded Victoria from the
,lrone and conferred il upon Ernest the English duke
nj Cumberland This Kingdom Of Hanover has n-
yays been subject TO the most unremiting Vran-
NO on the part of its rucrs-a fact which accounts
G ia slow growth Notwithstanding its eligible position,
commanding the Weser and the Ebe The oppressive ex-
actions which, for centuries it has imposed upon the vessels
all nations passing up either river the Elbe more espe
eialy have been constant source OF contention The
"Sade duties toll imposed upon vessels coming from
the sea up the Ebc Hamburger, instance oithe most
unexamped exortion ever imposed by any nation. The
duties or toll levied by Denmark all vessels passing
mn sthe sound ;" have shadow of in the fact
ba, one or lighthouses supported by that govern
nep Hanover has for centuries levied toll which laery
amounts to $500 900 per all vessels that pass
stade to Hamburger, above The only she ncurs
& that of an old armed hulk at Stade to compel payment
the lights buos and other expenses incurred or The SER
vice OF shipping, have been betrayed by Hamburger while
Hanover has robbed the trade of the amount OF tolls On
oods going into Hanover territory, different tariff is nl
posed Hamburger has for centuries striven be released
from this eNacon and probably had Hanover not been the
property of the English king, the duties would never have
been maintained to the injury of the British trade In April,
sii convention of Elbe-bodering States was held at
Dresden to arrange the river difficulties and modi
dcution was arrived at-the Hanoveran and English
crowns being separate. In the same year treaty
was concluded between England and Hanover, avorng
te English trade The treaty with the United States is,
however, of the first importance. Whenever European re-
yrictions are far removed to admit American vessels
an the same footing as Others United States skill and ener
" is pretty do the rest. The modification of the
rice duties few years since, by the customs union greatly
advanced only American exports but German
The important concessions made by Hanover
ca Of our leading articles of export must ensure their in
reduction into Germany on much more favorable terms,
and enhance imports from Germany The treaty has
already been attacked by the protectionists, the
ground that Hanover has not population and territory
equal to those that the United States throw open
TO her. ships. These persons say, Why give to
100000 persons the equal privilege of trade with
2o0aOOOl They forget that Hanover, like Hamburger is
but the gateway 100000 of industrious persons where
trade is rapidly increasing. When the gate is open,
the trade of Europe is within reach. On the other
hand. if Hanover is afraid place her 900 tons of
shipping footing with the l,0O0OOO United States TONS
why should we fear their small commercial abilyl The
growing trade of IS 10000 of Germans pouring down the
Ebe and the Weser cannot be nonolized by 10000 of
Hanover shipping, the facilities of multiplying ships
there equal the increased demand which the growing
commerce of the world must produce. 1t is singular how
that while the protective press condemn treaties of
the nature in questions they should utterly forget that
tated with the Hanse Town, by Mr.. Clay, in 1928 By
that treaty. Were not only the vessels bnh in the Hanse
Town put on the same footing those the United States
u also all vessels owned berea clause which put in
he power OF all English houses having branches in Ham
burg and Bremen to naturaze their British vessels, and,
Under tue Hamburger iag enjoy all the privileges of the
hanseatic shipping. 1t was mostly owing this clause
that large portion OF cotton from Savannah and
Charleston goes abroad in foreign bottoms far from
considering this evil; because if the competition Ger
man vessels can secure low freghts shippers the
better Tor planters; but it singular that those who condemn
reciprocity treaties should hold up those of Mr. Clay as of
the american system"
In The course of events, it has to be that Eng
land must annually buy of the United States con-
Siderable and an increasing quantity of food. Here
noe the balance" has always been in favor of the
hued States that is to say England has purchased of the
United States larger OF produce than the
money value Of her goods sent here fer sale; of that produce
considerable portion has been sent from England Ger
many IN the shape OF cotton yarns particularly The
immediate connection that must now grow up between the
oWed STATES and Germany under the treaty, sup
d by the new line OF steamers about to be put on by the
rean Steam Navigation Co., may have tendency to re-
eVe England OF part Of the payments she makes ann
Y e United States for cotton, rice and tobacco Ger
nan account, and enable her buy more food for rersc
Nhle The consumption of those articles in Germany
nay be enhanced by the increased facilities and
De paid for directly in the products of German
Industry The new steamer Washington, of the Ocean
s"oh company, VIII st up steam, for trial, Satur
"H next; and more magnificent specimen of American
"a" ana engineering science visited the of
europe
All the markets here have been exceedingly dun during
lie week The Sarah Sands with two davs later news
s oeeh daily expected but has yet arrived although in
~ sou ay Money has been easily procured good So
ues put has not circulated freely The imports have
large being, for the week ending April D. So
'to-an increase of 257 27S over the corresponding
,vh OF last year. The duties iO6 959an increase of
'oo9z making, with the duties on goods warebonscd
Excess OF two hundred and forty thousand dollars of du
VS. since Dec ls, when the tariff came into operation
nv e amount collected in the same period last year.
V aouht OF specie collected in the assistant rea surer
lands here is $3,O0O,OO and as the New York banks
% up lhelf quarterly returns to Saturday some in
e't IS e as to the effect that louronhs operation of
ny independent treasury will have upon their standing
me ist OF May is also 9uarer-day in New York and The
o"nehcemen OF The Landlords year'-an event which
" some influence, nasmlich that near So 900 600 falls
oe Tor rents and interest The large arrivals of specie
ave influenced the rates of foreign bills which have been
demand for the packet of the LIST of May at advanced
us' ooh here and at New Orleans. The rates of bills
e4 are as follows
London 6lo1 ,,a., On, o |
Paris, 5 95a 33i> Hamburger IS ! Al Al
M New Orleans tley have risen from ii a "a to3a a |
vh lhis rise has grown out of the fall in breadstns
afge arrivals OF specie and the decline in reighs The
"ei circumstance will probably, however, produce re-
o 70 some extent and enhance the supply of bills As
Si while prices OF breadsuhs high and large guam
ues Were pressing forward market cotton was heavy
ao and ireights too high and bills low to admit of
mPnenis to advantage, stocks have accumulated not
outstanding the small receipts. The reverse has now ia
place Cotton has taken abroad freighs have
ed materially and bills advanced; in consequence of
men cotton VIII 90 forward more rapidly and again af