The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-02-25
WHAT MR.. GLADSTONE THINKS OF THE
TREATY. -----

TREATY.
In the House Of Commons the 10th inst the Chance
Tor Of the Exchequer 10 make his financial stae
ment
Of ways and Means Re said that the year 1890 had long
been marked ont important epoch In British COM
MERGE The long annuities amounting 70 600 fell
in; the duties on tea and sugar. unless renewed,
lalsed Finally, the commercial treaty with France
compelled the government 10 adopta new and unusual
course.
Mr.. GLADSTONE added come TO the question OF
the commercial treaty with France and will confidently
fulfilling and satisfying all the conditions Of the most bene
fetal change in your commercial egstat But perhaps
sir as the committee has not yet had an opportunity Of
reading the treaty. may be convenient that should
state to them very briefly it's principal covenants. Hcar
hear" ana laugh.) FIRST will take the engagements
coal and coke from the st Of July $780, on bar and pig
iron and steel from the LIST Of October 1860; oss and
machinery from the LIST OF December 1885, and on yarns
end goods In fax and hemp. including believe, jae--n
which great and very just interest Is felt in i'm
portsDt dsrictsfom the lst OF June 1861 That the
rst important into which France enters Her
second and great engagements postponed TO the 1s of
October 1861, II beng, think in the knowledge Of the
committee that that's done under pledge given by the
vernment of France TO the classes who suppose them
selves to be interested in the maintenance of prohibition
and take away the prohibitions all the articles
d British production mentioned in certain list In such
way that no duty upon any OF those articles snail exceed
which DO rot materially enter into the treaty but those
articles sir include all the staples Of British manufacture,
whether Of yarns, fax, hemp hair WOOL silk or cotton
all manufactures OF skins, leather, bark, wood iron, and
all other metals glass, stoneware earhenware and por
celain will not 60 through the whole list, but not
aware Of any great material article that is omitted
France also engages TO commute these I'd vaorem duties
s a 70 s
shall be rated under the convention the very maximum
cbageable every class will be thirty per cent Then
the dutiea will be levied At the proper period upon
in use IL The English Custom That to say the i'm
Of the Custom House authorities France appropriate
the article upon paying the price which be has declared
that hold il to be signal proof Of earnest
ness and hberahy on the part Of the French
government ,,. thai has introduced a an admins
dsarming suspicion and nsuring the ecacons execution
Of The treaty (Hear, hear There is further prov
per od exceeding three years. be reduced 70 maxi
mum Of Is per cent And may be permitted 70 remind
France nominaly about pass from system Of pro-
hbitlon, the very rule which adopted nomnay by
the British Parliament when Mr.. Huskisson was our
important commercial changes. But there is,
bound to say, this difference between the
modes OF operation that dulles far exceeding 80 per
in multitude Of instances kept ave; whereas a.
given rs security that 80 per cent viii really Se The
maximum, and that, from the nature Of things, 10 great
multitude Of instances the duties will be much below that
rate even on manufactured goods. Hear hear) come
next TO the Enghh covenants England engages, with
limited period Of exception 70 be exercised with respect
only to two OF three articles to abolish Immediately and
totally all duties upon al manufactured goods. There
viii be sweep Clean entire and absolute, Of manufac
tured goods from the face OF the Brtsh tariff She
cages 70 reduce the duty on brandy from l5s gallon 70
The level OF the colonial duty-viz s.. ID. She
cages 70 reduce Immediately the duty ON foreign
wine In the treaty il u Of course French
vine which ID specified but It will be perfect
ly understood that we proceed with regard to the
commodities Of all countries alike. England engages
then, 70 reduce the duty on wine from nearly 5s 0d to
Be- per gallon She engages further TO reduce that duty
from the lst OF April 1861 to scale which has reference
TO the strength Of the wine by the quantity
Of spirit coutains That scale is a. foiows:-On all
wines in bottle whsseysr the strength, and all wines
having twenty six degrees and upwards Of proof spirit
g. per gallon wine having nfleen and under twenty
degrees Of proof Is Ca per gallon and on vine With
less than fifteen degrees H. per gallon. power is re-
served TO us Of increasing our duty on WINE in
scal considerations, should find necessary on that
account to duty Wines we also engage 10
charge on any French articles which are subject n excise
in England duty corresponding with the duty
together with any and further charges which toe
gsh producer may be put in consequence the regas
tons Of inland department These cir are
Tho chief the part OF England Both patdts
reserve TO themselves power TO paae ces.oms
any foreign articles whateoever provided they place
the duties the Ike articles Of doesas PRONE
ton they likewise agree trest eaea other
feyyr tfc a,tt, Sfrs