The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-02-23
They state also

The warehouses in the Eas, and West India and Lon
Con docks IN London are constructed in substantial aud
hreproot mannerthe roofs Of slate t and the doors
and windows OF iron. The owershoor generally OF
stone arches sustained by pill of the
upper noo.s OF wood, sustained by wooden pillars
The stores in these docks of different dates
structlon, tho modern acng most APP
proved modes of building at the time.
I'm the 81 katbafn DOCK the ha wing been
recently built, generally of a better desert pon-the
lower stoes being arches supported by iron pillars
ana The floors OF the second story OF iron plates Under
roofs supported by non or stone columns These
cellars are OF immense extent and in the London dock
with iron skds Tor the storage the casks and their easy
| movement from part another.
on the in these docks also constructed sheds
for the protection oil merchandise while dschaging and
loading, and for cason house examination These sheds
stances have Iron roofs and railways laid through them
Tor the convenient removal OF merchandise BY hand
trucks.
The other bonded warehouses private of fire.
proof construction, within which offices counting
rooms allowed, built to comply with the circular of the
COMM ssIoners OF customs
The stores in the Albert Dock Liverpool, Che only dock
having warehouses al that por the Undersigned THINK the
mot perfect IN every respect which they visited being
INTO their construction"
1t thus appears that the best and most approved ware
houses in Great Britain built entirely OF stone
and IRON no wood whatever entering into their construc-
ton" That similar iron stores will be built in
housing ports under the present Instructions giving them
this preference. would seem to be certain; and when
they constructed in port they must be built in
others, il would lead to greater concentration Of the
warehousns business in those ports that adopted the in
conbusble iron stores When the business of the
age of foreign imports is thrown open private
prise and safe and commodous erected by nli-
viduas, they will seek fill them with goods, especially
for exploration, and thus immensely increase the
housing business and render ports at much earlier
period the entrepots for universal commerce.
The question is of great magnitude, in what coun-
try shall be chiefly stored the exchangeabe products and
fabrics of the world, during the period intervening be-
tween their growth production manufacture. and their
use consumption! What country shalt transact this
hoaa md oha
and docks, and basins! Whose merchants shall receive
the storage' Whose underwriters the insurance, and
and reshipmen' These questions Of momentous in
eest to our and navigation and to the progress
of our wealth and industry | think itmay be demon
stred that directly and indirectly, Great Britain is now
realizing from this source annual income to her peo
pie of than eighty millions OF dollars BY the
OF commissioners before referred to- appears
that the value of bonded goods in the warehouses of
Great Britain, in August ls47 1897, 200 900. Tho
quantity warehoused throughout the year not given
but 1t bears the same proportion in country the
goods remaining in warehouse at the end of the year,
It would be much greater. Assuming it, however, to be
only 500, 100000 emay form approximate estimate
% this income from the following data: LIST The freight
such re-exported 3D. the storage. 4th. The
whilst deposite, well when imported or
exported 5,h The labor attending the landing reccv.
n.y. and reshipmen including the wharfage drayage.
md repack.ng, &c. 9th The profit upon the sale OF
he goods; 7th. The commissions when sold and re-
shipped on foreign account. Sth. The wages and COM
ensation paid 10 clerks, storekeepers, &c. 9th. The
yearly appreciation Of property arising from the exten
houses, lolh. Ths aasmssssi ssssss nj ii ioss1is
products and manufacturers, purchased TO compete
and lreghted abroad at cheaper rates, thus
domestic exports well the profit upon
hem. lth The use OF the capital, credit and specie,
Ind the command of the exchanges of the world
1h The augmented home market for domestic products
md fabrics arising from the increase of capital business
md population growing out of the warehousing system
There of these items, known TO be great not
susceptible of any accurate approximate estimate taking.
However, those only where the data established, it
nay be safely assumed that the gross income yielded
uch items to the country from waehoused goods is not
ess than twenty per on the value of such goods
tored for sale and distribution. 1t must be remembered
hat this income realized the products and fabrics
If other countries, growing out OF being their factors and
sacng their business under the warehousing system
Among the most beneficial effects of the system, de-
nonstraed in its results by practical experience in Great
Britain. is the largely augmented foreign market for do
products and fabrics TO complete an assortment or
cargo, to give full reighs to vessels. Our ports
ire the natural and proper depots of European goods
seeking the markets of Canada the West Indies. Mexico,
he natural depols of all these latter countries when
seeking the European other foreign market Our ports
IN lac Pacific, in connection with those the Allan
and the Gulf also the natural depos for sale and
distribution to all the rest OF the world of the products
md fabrics of Asia; and nothing secure to this
commerce buta wellorganized warehouse system. fur
lshng equal facilities for storage and entrepo with SIM
lar systems in any other country TO the perfect sue
of this sytem, the principle of free storage and free
competition for all but unclaimed goods will become in
iispensable
It would be difficult to ascertain the extent to which
vessels and purchasers would be brought ports
Ter perfect warehousing SYSTEM to be supplied with
cargoes, part composed OF products and
abrics.
1t is clear however that the effect must be very great;
and when warehousing system shall go into complete
operation, do not doubt but that stores filled with do
nestle products and fabrics will be found side by side
with bonded warehouses, and purchasers will resort
TO both to fill their vessels to complete their asSOrt
ments
Whilst the bonded warehouses will be filled with for
eign goods breadstufs and PROVISIONS -four
and grain and coton rice and tobacco, our
hemp and WOOL cotton and wOolen fabrcs (and IN
time also iron and sugar,) and the vast variety OF
which skill and industry produce will
be found in domestic stores adjacent TO our
bonded warehouses, assembling purchasers to find
ket for them in every portion of the world. Nay, il is
quite certain that the barter OF the foreign for the do
nestle products and fabrics jjacent stores will often
take place daily, it does to vast extent in
Great Britain increasing not only internal, but
external commerce, augmentng tolls or freights
our lakes and rivers, railroads and canals and SWELL
ing exports lncluding manufactures) to
extent orresaondng with our foreign Imports The for
egn and domestic goods warehoused in adjacent stores
WILL as it were, invite the exchange, and merchants
thus become the factors of universal commerce.
Whilst the warehousing system in Great Britain IS
greatly cherished by their merchants, regarded with
still deeper interest by their manufacturers, being pop
ula in Manchester with its bonded stores, as in London
or Liverpool; bringing, does, capital to British pos'
and purchasers and goods from every quarter OF me
globe to exchange for British fabrcs and our American
manufacturers compete successfully tor the or
egn market until similar warehousins system is ihuo-
duced and perfected in ports
Much mercantile and navigating interests Will
be advanced by such system, the American Proauce5