The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-02-23
REP ORT
OF THE
SECRETARY Of The TREASURY,
THE WAREaOUsINa ~ STEM.

August, lS46, has issued and sdditionsl rexuls
cd These regulations based upon an experiences
Of the practical operation Of the law in this
during The lsst Two yesrs, Is veil ~ upon very full in
formation upon the tsne subsot obtained from the
oentins MT OF Europe and also from Great Britain
believe that there scarcely passed by
vsrehousipg law TO augment her manufactures, oou
merce, tobLage, and revenue This Is the opinion Of
al her and business classes and not vote
10 believed could be 0bsrned In either House OF Par
lament for Its repeal although In its inception
system encountered even greater and more violent
opposition there than In our own country. Since 1t
was perfected there, the Of Great Britain
has more than Qusdruped the bonded goods
naming in warehouse having risen In August
Honers attached TO ny report OF December, 1S47,
TO The value of $ss7 200 900 The docks, struc-
tures, and buildings In which these goods were
stored, cost in London alone, according TO tue
came statement $40 900 600 and In the whole British
Is thus how Great Britain has made hsrssif the
centre VI universal commerce and sges aud the
ttorehou.e Of the business Of the world she has the
almost incredible amount OF near four hundred mil.
hons Of foreign imports stored in her docks aud
houses to assorted osrgoes Of every pro
quot snd fabric OF the earth, aud OF e1ery osss de-
tcriptiOp, and qusiity. She thus makes herself the
,aottr u oil nations and the pro iucions Of the In
ou.try Of all aDknd stored In her wsrshou 60,
And i,ld by her MT rcbants 10 the people Of evory
vountry. The profit thus reals, d IL imms nse, aud
draws with Il The command Of the trade add business
and specie Of the world. Side by side
housed foreign goods her oducts and fa
ready for taie as homo aud abroad In brn.ing 10
tsreisn pro uctons, the purchasers to complete as
horfm also take with OF British
att'cle', and thus Great Britain, whist commanding
the commerce and spsce Ct other countries aug
the sale OF her own products and fabrics
An attentive sxaminatioa Of the globe aud Of the
relative portion of its several countries viii exhibit
our great savsxtages Great Britain . centre
for universal commerce The latter has great In
tsror coupry supply any Of her ports with business
-ths hes NO mighty lakes OF riv.rs-no great
Of surace NOR can che be- connected with the cont!
nent by railroads or canals Her soil is less fertile;
hSYN Ifnsf II nhroN
mssps such variety If prod ucts and great her
mineral Resources, they are BY no means equal in
tent OF number to our own Her position IL less
trAl hsv ny north Of her much e.s than one tenth
OF the aabs surface of the globe and less also than
ore ntn OF It's popal.uon wasreas 20 turn to our
combined, With fronts upon both and upon
the Gulf are IS nearly be- the osntre Of the
aaoe inrxce. the population and the business Of the
world. Our great Interior Iakss and rivers with our
rapidly extending net work Of railroads and canals,
bringing ports the interior commerce of con-
tnent, with numerous deep ana capscous marlboro on
both OCEANS accessible at ell times and with every
fisty Of climate soil, and product mineral and sgri
cultural give TO rs unrvsled position That Great
Britain nevsrt heless, with many local dissdvan-
tsges should have made herself the ntrs Of uuyer.
prise the energy ana veranoe and especially the
wise ~gslsron this subect Of that great country.
After toe most deliberate investigation during the
lsst three 1t IL firm conviction that without
it has BEEN from time to time. she never
It is m.iDly sh,s sysssm which ' has msas her
the store house Ut The world, and, giving her the
command Of the carrying trade, has filled her vessels
with csrgoes for her own expectation. In
her great docks aud warehouses stored the pro.
ducts and fabrics OF ali Countries, together with hsr
own; and She Das thus become the point where inter-
nstiOnei txehsr gee are made, aad whero trade and
specie have centred II we would enter into Q fair
and honorable competition With her for this carrying
trade and c?mmsrco and specie, we must avail our
selves cftbe ghts Of experi- and Introduce here
wi<h sone ch..ses adapted 10 our position, similar
ware bousitg eystems when foreign or American ves-
sells to 'rs, they be euAb ed hero,
- 10 Great Britain to load and unload with the
facility economy and die pat oh, at all times and
in al sssaons The, must 40 bs en- ab,sd TO Obtain
viii out delay in our porte assorted osrgoes Of
products and fabrics vel. as tnons of all other
tries, Ct every quality. character and price These
foreign and DONE stio products and fabrics must be oo
l-cted in our warehouses, ss they are in London,
ment, so at any ves arriving 1t our ports al
ways obtain ut full and assorted cargoss It Ia
only thus that vessels surs Of return osrgoes BE-
brought to our ports on the best terms, dmintshing
freights willis. sugmr ming our carrying trade aud
aggregate pronts Of navigation 1t will be perceived,
sxsmiD ation Of the regulations hereto append.
ed, that this depart Indicated In nay reports
OF December. l847 and l84S, has introduced
the system Of private competition for storage, to
the full rxtrDt authorized BY existing laws, combining
o. permitted thereby, pubic and private storss, and
p oec ing he interest OF the government and msr-
chant by every safeguard in the power the depart
menr, sugs.stsd by experience and Investigation In
order, he wever to give to warehousng system oil
the chspgss indispensable. The provsons
Of the act OF 18th june 1874. limiting the inspectors
to the number employed at bat date must be modified
Ia zone respects - THESE officers required by the
boaslpg laws 20 Keep the hey end have charge Of
private bond-d stores those private stores are to
over great ports noe Of
commerce ny dictate, and rs to fair and reason
able extent they should be under proper regulations
the war. housing bu.ness should progress It has
done for the lsst year, the inspectors must be
augmented beyond the number authorized BY that
act. The housing acts allows the importer, whose
private stors 10 used for the warehousipg Of foreign
eood on VIII Oh the duties have not been paid to keep
one key and requires inspector Of the revenue TO
keep sno, hers law directing joint custody with
two different kinds Of locks ana different keys In the
potsttiop Of each respectively that the importer
could not have TO euch bonded goods In private
stores except In the presence cf the inspector the act
forb ddipg the importer to tho goods except
IN the prssence Of the proper officer Of the customs"
The expense Of Furnishing such inspectors for private
whose convepeno and benefit this srrasgsment is
made, and who can only exhibit tho goods or with
oraw packages for sale or exportston, from time to
time, und.r the law in the prese nce OF iuspec-
tor. After much elaboration and enquiry, my mind
has been brought the conclusion that this expense
Of the compensation paid to ipt to be refunded
by such Importers; the amount to be fixed In each
case by the collector, with the APPRECIATION Of the
pr,nsps Of half ,sor.ss With view to soVsr the
ex pe pte, which has operated we'll In Of the
two modes Of payment. and this Is the principle upon
which the percent bstructions are based Under the
law however M 1t stards In cor largest ports IL
stores into fun operation, unless The act Of i,h june,
lS44, before referred should b. modified inssmuch
Whist inspector miyat suffice for one vast pub
Ito boz d.d stoIe, considerable number would be re-
CURED for pr of the importers scattered
over great city 80 TAR Ms tho governmsnt IL con-
oerDsd n Is Obvious that In the large ports the great
pu bnc stores equal In capacity to dozen private
stores the economical and In these must be
stored, under arrangements the unclaimed goods
amounting. in New YORK. ~ the returns OF the col
lectcr TO the value the Iast two years Of $14
65.ttS IT, however, tho importers claim the goods,
and the privilege of wsr.boupg in their private
stores they ought In judgmc be Der tied
90 in the manner provided In the regulations and
insttuct'ons nov issu.d BY THIS department
The sto es agreed upsn by the importer aud coleo-
ter with the restrictions above dsriguated, tue
only private stores su' horixed BY law. In all
other cares the stores murt be rented on public ac
count required by the pr,v.ions Of the eth section
of the act It I'D March 1S4 which In full force
snd IL these words Sec g. "Aud be It further en-
acted That ali evrrr hereafter rented by the
naval Officer surveyor shall b. public
maid tor BY the collector such and shall BE- appro-
nriated exclusive, y tte OF receiving foreign mel
.uhisc the ratee Of ktarnye.