The daily union. [volume] (Washington [D.C.]) 1845-1857, 1854-10-05
British Exports 10 =

1852 a. ss eS % ~ lfs70S iss65cs 500
The largest increase been TO the United States which
however includes California, TO which large proportion OF
British goods have been sent as well drecy as
u the to all have largely increased more
particularly since the discoveries gold In the end
ing with lsa general development Of commerce had raised
the exports English industry millions sterling notwh-
standing the large decline the United States under the IN
auence Of the unspen revulson Of ls373s II was then
that the reform in the British commercial policy took place
protection ceased principle and materials food and
all of industry made gradually free, resulting
in great of trade That trade received an extra
ordinary impulse from the gold discoveries OF California IN
lss9 and of Australia in 1851 but il observable that all
the British colonies took largely Of the products OF
the imperial islands, and the ratio of increase was as
great with them in the ten to 1872 IN the sue
ceedng decade. Those figures show IN remarkable man
ner the injurious OF the protective Theory
Since England began relax the commercial restraints
upon dependencies her sales 10 them have doubled
The twenty years OF free trade have added as much
TO colonial importation attained through all the pre-
vous ages spite of protection and restriction During the
mast year il appears that the circumstances Of Europe and
other countries prevented increase while to American
and British powers the development This
doubtless the fact that the gold fever monpozed
trade in the direction Of those countries the comparative
neglect other old channels which, indeed in Europe sui
fred apprehenons and rising prices of food during
the part the year The exports to France and the
Lean declined did also those to China These the
unoward results of and bad harvess The exports TO
Australia California, well from the United States
from England indeed OF congratulation,
since they far overdone involve runous losses
to the shippers That accumulation goods the gold
mines has however, been benefit to the diggers, and u
mstey the commercial world since operating great rise in
value Of gold has encouraged its production and the
receipts in spite OF the lower prices there for goods
larger The period of extreme depression that
market have passed. however, and prices OF COM
ode except provisions have advanced since spring The
year promises great abundance e food in England
as II
anything like ordinary supplies Of grain hand prices
would go very low but closely have old stocks been
worked down that the wheat IL already extensively
ground and baked The consumption OF the crops large
they represented be- begins therefore earlier than usual
BY many weeks; and should the next harvest be late
food likely to be dear in the The
Of potato crop unavorabe and will
probably be high in price The prices in this country are
falling for every description. The New York Tribune after
attempt famine panic in order to help
uative holders out high prices at the expense Of the
poor consumers appears greatly alarmed the Indignation
manifested by the public in such reduction of patronage
has shrink oneourth in matter One day
that its object to help the farmers get high
prices To-day it asserts its object to diminished
demand:
saved from reckless feeding and other prodgsity Dista
tinn has been checked system of careful and providen
dealing has taken the place OF the usual beedeness and
There viii be very much grain in the country
the LIST of December than there would have been had
warning been withheld or UNDECIDED"
II such diminution demand is to take place, how
the farmers benefited But il is useless follow the
turnngs that infamous sheet After DANGEROUSLY support
ing Mainequor law it has elaborate paf for ager
beer il order the German vote for the present
election.
The improved the English and continental markets
has already wrought change in the exports hitler They
less and prices Of dry goods have dec
ded advanced For the month of September compsred
with last year, they have been follows