New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-31
CANADA.
Reciprocal Trade between Canada and the
United States-The Jesuits and the High
Church Party. &c.
Correspondence of The Tribune.

correspondence OF me tribune.
TORONTO, Tuesday, Dec. "a.
Before this letter reaches you, Hon. II Hincks
our Finance Minister, viii have reached Wash
ingtoR on business connected with the question
of reciprocal free trade, in the raw products of
each country, between Canada and the United
States. A rumor has been started here that our
Government has concerted measures Of retalia
ton, to be put into force should Congress not pass
measure to place our trade with the Union on a
more satisfactory footing. To the exclusion Of
American vessels from the waters of the st. Law
renee it is rumored that tariff deferential du-
ties hostile to the United States, will be added
Such measure as the latter has long been de-
sired by the people Of Montreal for the purpose of
securing their own local interests but Upper
Canada has always been averse to it while it had
local interests in view, and would not sup
port it should it assume the not less re-
puenant form of imtecile retaliation. For
this reason believe our Government will never
propose any such measure. 1t is impossible, how
ever to pronounce this opinion with anything
like absolute confidence, when we consider that
now acting upon an ayowedly retalIatory
policy in closing the river st. Lawrence against
the entrance OF American vessels. This policy
entails serious injury upon the Province, in en-
HANGING the rates of inland freight, diminishing tho
productive value OF our costly Canals and de-
pressing the external trade OF the Province by
making Boston and New York the shipping ports
to Europe for much produce V hich would other.
wise GO to Quebec. The spirit of commercial re-
taliation which our Government has imblbed has
often led nations TO sacrifice their own interests,
and of course it would be unsafe to set bounds to
it in our own case. 1t IS to be hoped, how
ever, that a mutual arrangement, satistac
tory and beneficial to both countries, will
render unnecessary not only the extension
but the continuance of this policy on our part.
Under any circumstances, the closing OF that great
natural highway to the ocean, the st. Lawrence
river against foreign vessels, can only be OF tenn
porary duration. 1t may appear questionable
species OF diplomacy in Canadian writer to ad'
nit this fact but it is obvious that Its conceal
ment or even denial, could deceive no one Eve
" American statesman who has reflected on the
subject must be aware that WE, shall not always
continue to infict needless injury on ourselves
The question OF reciprocity must be decided
solely on its own merits as commercial ques,
ton would assure members OF Congress that
il is no longer entangled with the question OF an
nexation 1t will be no harm to assure the South
that the Fugitive Slave law has killed OFT the an.
nexation question; and it 10 not any mere draw
ing Of commercial interests together that VIII
revive it, That event, ii it should ever come
to pass, is neither to be FASTENED nor retard-
ed by the settlement CT nom settlement OF th5 re
ciprocity question. In fact all that remains Of
the reciprocity question is its commercial side so
tia. ~ - ~ wy
4J ,J ,,1
" VIZ 70 =. 80
to see the question delayed by the defeat OF the
measures introduced INTO Congress to secure Its
settlement, in the hope that it would give an I'M
petus TO the annexation movement but these
H. So he ccIrrstca Gf snbseonant events on
H. A,or;co, SO of Tho line
Di;nI prass hos lately baen engaged
j., dis,,,totitns o the snhiect of an alleged mis-.
an1Iiration of the revenue derived from the con-
GfFrrqtad estates Of tbe late Order of Iesuts.-
These estates comprise di6,500 ceres OF land, aud
p College bnildine at Quebec which building,
over since the possession of these estates By the
| Crown Of ENGLAND. has. been occupied as bar
raclq The estates we're originally granted in
nort nv ~, I7reref King. til REMAND alug
! ro,,trii NJ IA. s+..iI Colon .ioL e for
I Ii nal nuronses. 81. ft.a con.
.,o-,4a H., Brtein fine Tesnits. estates
80 co,fsrafed nroyison bepg made lc he
n,en1here Of the Order during their lives In
conree Of time the Order Of Jesuits in the Pro.
vinca became extinct. and their estates were
! formally taken possession of by the Crown
In 1881. their control was surrendered to the
Provincial Government, with this restriction,
/ that the estates should be applied to edu-
cation. Two acts Of the Canadian Leglsla-
mre have subsequently been passed, providing
for the disposition Of the revenues agree
sbIv 70 the terms on which they had been surren
dered. The question now raised is whether the
revenue has been disposed of in conformity with
these acts AS the funds are invested in Proyin
cial Debentures, on which the interest is regularly
paid, the available revenue ought each year to be
as great as in the preceding year. bat we lind that
u. Dapditrra from thIg SnnrCp has been very
/ irregular, being one year $50 600 and in other anc
subsequent years not more than one. third OF that
has however, been produced and | suspect thai
the whole controversy has been got up tor an u
terror object Ihe hgh onFtin 9aty a.
re eu 49, ert to make "a I ap6ear that al
II oo,.tI, j.; +t,o conr+r,, ;c hold on tha semf