The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-04-06
Erntn the RlLG.nIa Conn N src,nI AIlne,.

From the Buffalo Commercial Adrertiserl
HE NEW CANADIAN TARIFF.-The probable effect
of this tariff will be to bring about balance of
trade between Canada and the United States I'm
ports and exports will be equaized. Under the
comparatively liberal tariff of 1857 our exports to
Canada were S39, 43O,59 The tariff of 1858
knocked them down to 29,07S,527, decrease of
ten and third millions in our exports for single
year. Or course our imports suffered with them
The imports from Canada in 1857 were $27 COG 624;
in 1858, S23, Az, 600. Thus balance of trade
against Canada was, in 1857 more than Sl2 900 900;
in 1858, less than Sc, 10000 600. Next year we NAV
predict that the boot will be on the other leg.
Even of this S6,000,000 in 1858, over S2OO0OOO
were goods imported in bond, not purchased in the
United States.
Under the new tariff our exports of sugar, for
instance, amounted last wear to a value of 81 =
SAT 1862. They will now be forced 15OO miles out
of their way, around by the St. Lawrence route,
and from Montreal come west by the Grand Trunk
Railroad which had an active part in grinding
through the Tariff, else will be smuggled across
the line. How much such prohibitorv duties en-
courage smuggling, may be guessed from the fact
that the total imports of Canada, of bills advert-
sing pamphlets, &C., returned at thirty dollars
The duty on these is one cent each. How our Ca
madam customers got their bills home is none of our
concern. They certainly don't pay duties.
Next winter an earnest and probably successful
effort will be made to obtain an abrogation of the
Reciprocity Treaty, which is worse than worthless
under its present working. Every is heartily
sick OF it, and strong influence the seaboard
will be brought to bear upon it. The new tariff
virtually abrogates the Treaty-it abrogates also
the entente cordiale with the mother country. A
little management on this side would either erect
Canada into an independent power, or make her a
sovereign State in the Union.
IMPORTANT ARREsr.-The Philadelphia North
American saws that detective officer RUSSELL on
Monday, arrested man named James Foot, alias
Tom Wilkins, alias Tom Foot on the charge of re-
ceiving goods knowing them to have been stolen.
The alleged offence was committed in June, 1857
Al that time, Mr.. Hansell, an agent for Messrs.
Palmer, Richardson Il Co., jewelers., was robbed of
$4,000 worth of jewery at Barnum's Hotel, Balti-
more. Foot was captured while in the act of re-
ceiving of the jewelry at an Express office in
this city, and took the precaution of having true
bill found against him. He was taken to Baltimore,
and has remained in prison up to within few
months, but has never been tried. He says that it
cost him some 81 700 to avert the trial. At the
time Mr.. Russell received about 5000 worth of
jewelry, some of which yet remains in his posses
sion, to be given in evidence against the accused
Mr.. Russell seeing his friend in company with an
old thief, took him into custody as above stated
He will now be tried upon the bill which has been
so long pending against him.