Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-01-12

should not De wiling 10 touch L. Bat the psac.
teal question Is whether the seeming advantag 20
IN this respect Is sufficient 70 counterbalanee the
disadvantage in other respects
Next comes the navigation OF the ST Law
eDce. Bot this plausible concession has proved
70 be but little more than a name Ii appears
that during The first six years OF the tresty onl
~ American vessels. containing 1850 tons
passed through the 81. Lawrence and during the
same time only ID vessels. containing ,446 tons.
returned By the same open highway
These are very petty amounts, when ve had
| on the lake q commerce Of hf.y-eighs millions.
or when We consider the carrying trade between
the United States and British provinces Take
the years of 1851 and 1862. inclusive. add we
shall find that during this period, the shipping of
the United States which cleared for the British
provinces vas ten millions tons. and the for eign
shipping which cleared during the same period
was seven millions tons, While the shipping of
the United States which entered at our custom
houses from the British provinces was ten mill
lion tons and foreign shipping which entered " as
G, ass $50 tons.
mention these things by way of contrast in
comparison with these grand movements The
business which we have been able to do on the
St. Lawrence seems to be trivial Ii need not
be considered element 10 the present dis
cussion.
The treaty may be seen next in its bearings on
commerce between the two countries This has
increased Immensely, but it is difficult to see how
much this increase is due to the treaty, and how
much to the national growth, population and ia
cilities for transportation in both countries
There railroads which furnish prompt and
constant communication, which have gone into
operation since the treaty. IN the three wears
Immediately preceding the treaty the total ex
ports to Canada were Sac, 2l6 SIS. and the total
imports were S22 SIS, ST.. being of exports and
imports in proportion of 100 to 46 In ten years
of the treaty the total exports to Canada and
the British provinces were $3.50 $50 93I and the
total imports $2,003, 1897 SGD According to
these accounts the exports were in proportion of
100 to 70 The total exports to Canada in three
years were $3l set, 1886, and the total imports
So. 5s7 .679. being in proportion of 100 to 50;
treaty were Sl76.37l 81. and the total imports
were $lsl ,474 34I. being in proportion of 100 to
"a
/ present these tables to lay before you the
extent and entire change of commerce between
the two countries In the view which | take on
the present occasion il is not necessary to con-
slider the much debated inquiry to the effect of
the difference between exports and imports, in
volviDg, as it does, the whole question of the
balance of trade. The treaty can't be main
tanned or overturned on any contested principle
VI pOliblCdi COtucb III buc plaCt,
to the influence of the treaty on the revenue of
the country, and how the counting house is the
principal witness The means of determining
this question will be found in the authentic ia
bles which have been published from time TO
in the reports OF the treasury, and especially in
the report made to congress ut this session, which
bold in my hand.
Looking at these tables, we find certain un-
ans cradle points from estimate founded on
trade before the treaty. 1t appears that no
treaty had been made that had increased it in the
same ratio before the treaty. Canada would
have paid The United States in 10 years of trade
at least 5 1913. 600 which she has been relieved
of This sum has actually been lost to US. In
return Canada has given up 81, Csc, 500 being
the amount it would have collected had no treaty
been made.
After further remarks on the subject Mr. Sum
ner then quoted from the report Of the secretary
of the treasury, showing that the treaty had re
leased from duty total sum Of S., 233 ,257 in
value of goods.
From these considerations it clear that the |
revenue Of the United States had suffered by this
treaty and that in this particular ts advantages !
had Dot been equally shared By the two coun
tries.
Ramsey and Howe spoke against the repeal of
the treaty.
Sherman and Colamer followed in favor of it, |
Pending consideration of the resolution the |
Senate adjourned.