The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-20

Hong Kong is omitted and we wait a little longer
for British Columbia.
England is proud OF these results. They gauge her d
mansions. She planted the seed aud enjoys the harvest
These blue books are her deep and shallow soundng
1857 will show extensive trade but 1855 and 1859 viii
give diminished tables, for the colonies like the mother
iand obliged to reef topsas and take in sail during
the panic Escape typhoon stop running horse, Ar
rest the flames your house and navigator driver aud
merchant reflect before mourning dangers. So II
with commerce. 1t has worked hard and requires rest
The Economist could not have prepared pa,tabs
New Years gift than the elaborate commercial tables
given this week The arithmetic Of the long columns
must have occasoned many headache. Every merchant
who wishes to be posted shoud have copy OF the Econe
mist Of Jan. 15 and study the tables They contain bet
ter history than Alison or Aacauley are capable OF
writing
The first table cover. imports and exports Of the United
Kingdom during the century from 1901 TO 1885, taking in
the administrations Of all Presidents Washington
The ''real declared value the basis calcula
ton in order TO levy the export duty. This abolished
in 1912 by Pees act In 1854 both imports snd exports
were computed under ohcia Values and ''rea values,
showing how the "oihcia" has varied from the rest'
value at different periods In 1905 general prices
some sixty per cent higher than ''oicia the being
600 the rea $e0 100000. Tbs discrepancy
continued till the battle Of Waterloo.
In 1914 cotton some i've times its present price.
Thomas Ashton spun yarn hire at sxtysix per
pound; while cotton yarn brought dollar and thirty
cents per pound-now il is about twenty -four cents
The real value Of cotton goods exported 500 900 900
while the "ofcia" value some sl2 100000 less. la
1856 the same article exported was about slo 900,
the official value Of which up to ssl5 900 900 showing
while only doubled, the other nine times 40
large. Then depressed trade fail In prices. and
consequently Official and real value came on about neck
and neck the former being in 1917 $500 900 900 and the
latter some 1900 goo From 1920 the real value
gained an Official, go that while the former in 1905,
60 per cent higher than the latter 1882 the reverse
was shown and an Official value 20 per cent
over real and has continues 10 augment TN the difference
in 1857 ITO per cent the one being Solo 900 600 and
the other 900 900, showing how reduced
the cost Of production since 1915.
The land production did show the came
Since 1854 the imports indicate wide margx between
the two values high prices giving large balance in favor
Of real value Between 1906 and ls42 trade bad
condition. The laws monopoly made high prices BY
keeping small supplies From 1918 TO 1882 was seen the
greatest stagnation.
But repeating the laws in 1916, equalizng sugar
duties In 1S48 and abrogatng navigation laws the year
following, gave unexampled start TO commerce Pro.
lection blew up, the tariff Hoerazed direct taxation
introduced and free trade statistics have astonshed
the savants Of commerce with these resuts;-
Exports for 1872. $3.50 600 00C
1901 oiV,voV,pVu
Ana TINS includes Indian rebellion Crimean war and
two commercial panics.
The bullion Is an interesting table. Take the rcurnl
snce the working of the new gold fields, when bullion
ike C0tt0n and Decnne m