The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-13
The Reciprocity Question In Canada.
from the Toronto Globe, juno 0.l

Some Of our newspapers announced yesterday that
o formal treaty Of reciprocity between England and
the United States had been signed In Washington.
It appeared hardly probable that such an AFFAIR
should have been accomplished in day, and, 90
cordingly, we find from the American papers that
though very important step has been made towards
the accomplishment of the treaty, nothing has yet
respondence Of the New York HERALD says that
weiet has been drawn up, subject 70 the approval
Of the Senate on the one hand and Of the provincial
authorities on the other, by which the fshery and
that the request that colonial built vessels shall Be
entitled to American register has been refused"
The Leader yesterday made great flourish OF rum.
pets about the important fact that the mission Of
Lord Elgin to Warrington had been crowned with
success" and even endeavored to mako 1t ap-
pear that tho treaty said to have been signed
was all the work Of Lord Elgin's advisers, Hinck1
4 Go. II as the HERALD says, the demand q
Great Britain for the right Of registering Colo
onial vessels in America has been refused then most
decidedly Lord Elgn and his advisers have failed.
Our readers viii remember that Mr.. Champion, the
British minister, had already succeeded in bringing
the American government 70 terms upon which both
parties could agree, excepting on this point--the
Americans, both by their Secretary Of State and
their ambassador in London, denying the privilege
Of vessel REGISTRATION Lord Egins s., mission to
and 1t has not been removed. Very properly, how
ever, the plenipotentiary took what he could got
and accepted the terms which were before offered to
Mr Crampt0n. Inc Preel0ent, tn0n, appears 70 hav0
been prepared to submit the proposed arrangement
to the Senate according to the constitution. The
correspondent Of the HERALD says that II VIM be
cut up there, but we inclined to think that the
cabinet of President Pierce understand on what
ground they will stand, and will carry the measure
through. There is more fear Of New Brunswick and
Nova Scotia Directing to the arrangement, but even
this difficulty may be overcome; and the reciprocity
treaty take it's place among the facts Of the day.
Some years ago, the passage Of the reciprocity
measure would have been Of more immediate and
apparent benefit to Canada than it will be now.
There was much greater difference then between
the prices of farm produce in the United States and
Canada than there is now. At present, 80 great ia
the home demand in Canada, and 90 expert are
American buyers of provisions in getting articles
through their custom houses that almost every thing
rules as high side Of the lines as the other.
few years ago, and the passage Of the reciprocity
bill would have raised provisions 20 per cent. Il
Is impossible to do that now, we are glad to think.
Even the article Of timber, by the introduction Of
which into the American markets free we expected
great benefit, will be affected less now than II would
have few years ago. The English demand Is so
great, and the price given 80 good, that the Amer
can market to the great producers on lthe Ottawa,
at least is not Of SO great Importance But though
the apparent direct gain is less than 1t would have
been . few years ago, there are no two opinions
about the advantages to be derived from reciproci
ty. Freedom Is always q blessing whether it Is the
shackles You throw from the arms Of the slave, or
restrictions from the dealings Of the merchant. We
look forward to the transaction Of greatly extended
trade with our neighbors we look to see 1t carried
on with facility never experienced before. We
rid forever of bonds and bonding, SO far as our
pense and annoyance, and Of temptation to CHI
Chanerv and fraud.