New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-05-28
TILE PROCEEDINGS.


The Board Of Managers Of the New.York Produce Ex-
change having learned that negotiations arc now penn.
inc between United States aud the Dominion OF
Canada ana New fOundand for the renewal OF recipoca
commercial relations between the two countries ~ Is
Resorsd That this Exchange earnestly desires to i'm
press upon the Government or tue united StatcS anu
npon The Senators aud Representatives OF this state In
Congress, the great Importance Oh Tue VI
such treaty AZ the earliest day prdcticaDIc'
Erastus Brooks then introduced By the Chair
man. Il realize said he, the difficulty in audience
like this and In so largo assembly as this ana IN such
busy hour OF the day this OF attracting your attcn
ton. even upon subject OF so much Importance as
rrsde-trade in this between CInada and the
United States. am hero with all my heart to second
the resolutions which have been read by your Secretary
and which are the mature juisme mt OF the Produce
Exchange The tendency of the times and among peo
nile ia to simplify trade In that spirit Is 1t that matters
OF mutual interests should he settled upon the prnc!
pies of mutual right AMI Justice In tho same spirit the
States instead OF resJrting concluded to set
| tie the international questions by principies OF ar
bitrltion iand thus establish an example 10 the wOfn
The more freedom there il In trade the better tor ne
country, for its producers for ITS CONSUMERS Tor inc
merchant the carrier, and, therefore, We nave
Inc lust conclusion that the fewer restrictions imposed
upon and by Fee eral or State laws tue
better the people at Large. However much either Oh
these propositions be disputed, the truth OF history
will sustain this position SO rare are the exceptions OF
| qualifying circumstances that the main iacts wiz
always stand good The subject before us Is Ihe pro
posed restoration OF the Reciprocity Ireaty WIN as
much freedom OF trade a. practicable Tor two Govern
mens to agree upon. B3tween the States the funda-
| mental law OF the land wisely compels TINS freedom
Free aud equal States, with equl rights Tor all cilLes
AMI al kinds OF trade whatever the practice Is thc nat
tons OF seItsn men selfish purposes there would
never be any departure from mi. sound maxiLo. 1t 10
aos proposed mat as between the g"''e9 s'"'e' ana
The waiver money peuon by the United States for ash
That the cIuad an cina from Montreal be
,,s Of ycs,is g61 let lessh As ia breath, AMI with depth
| clasl o capacity Of toe aae hnibors
That the
Whitehall. aq snuls Sc Marie and ,t - Clair Canals shall be open
That tls free n,ys:1 Of TX; Mig. Ri, b: put on the same
& n he n.yrstoa ia. ST. Clair msnnei at the
Pese q both countries PoEor;oo to Their commerce hs's' M
meats AM products Of The da be admitted a'O both eoun'
's' aqt, e ., vs., ate afca,u,s implements, rBuf,c.
ture. and Of wool mineral oils salt ana ie" other
THIS IS opposed. because, alleged, it win interfere
with protection and adui the Cana Ilns to none OF he
benefits OF American citizenship The answer 10 tins
assertion Is that all tine facts are against the objection
e a iHa e ass and md cnns 1 SI @ and ro@
1893 1856. s6C9eOD and from 1sis 10 1883 st23oOo
by the colonies of United States titles to the gold
value of s59657C and the purchase by us from the
was balance In gold IN favor OF the United States
during 10 years OF nearly s9IOoOooo and IN these II
value all our exports China. Brazil, Italy. Hayti,
Russia, yeEezae Austria sae AsSes5qs hseuS
| trail America. aud Japan; whe our tri1e WITH theso
GOO ns @ OF our other than
gold wne thu, the balance OF trade with Canada was
s5i ooOooO were IN American manufactures Our public
f.r Ia 1852 shipping
Of waat the Can,an coasts With 5000 'eaen ami the
SOad Within three from he abrosan Of the treaty de-
H,ss "a trade fell 81 loss of7C
neioa Treaty has already doubled tho tonnage oil Onr hhHs hee from
tha, from 1920 to is5i year
ton the ronoe, bought sl67.
|
S,,9. sye, Of as sIoo 900 80, ,,,,
ss from tSsl 55 5e IN our &
100000 Prom JAY / 1868 to Jan. 80 IsG6 show
iaa1 W %P S% @ exported Of 5o
900 which the Canadians sge have from
TS correct, the Province; e T.
Povircial arn, the b,suce favor.
from i csa au 1 ssi 70 s' u s. ba
annusy increasing the repeal at greatly enhanced prices
Sai a.: 'iI BE-.
in the siace the repeal pur
n,I s57oooooo Of lumber an snua, average of over
TiS& The price Timber $40
double what tea lnd its price no" ia Portland Me- 10
Oar great International interests relate chiefly to the
several subjects Involved In the aP9yenamed propo-
judge OF the future by the past and Judging from the
when IT existed The Canadians quote against us our
official reports TO prove that In the old treaty
had all the ADVANTAGE The British North American
purchased from merchandise to the value
Of $l67 2s6,709 ana the United states purchased from
the STATE. Of ia @ ten EN- OF
| the treaty we ind a balance in favor OF the United
states OF $620i3,5i5 Since the abrogaton OF the old
| treaty-eight years smce-artcles that were free
pay average duty of IS cent, while the
stus grain and -four lumber timber, COAL butter and
cheese, wool, fish and fish products All these are
necessities aud contribute 10 the food aud clothing aud
Bnt canada and the United State. are not the only
parties In interest. Take the Province Of Newfound.
land Our imports from there amounted under
the Treaty to 100000 annually while the exports Of
nrka md fpOtp SO N
1902 under the treaty New brunswick sold goods to the
United States Of the value OF $4,000 aud purchased
Scotia In the sold s20O0C00 OF Goldfish, ETC.. to
United states aud purchased goods to the amount Of
$3.sOOOo0.
The conclusion from all these facts, whatever the
opinion is that the repeal OF the Reciprocal Treaty
has the country millions OF dollars and that
it's restoration 10 spirit not necessarily IN form is most
| none OF them. In the Dominion OF Canada there are
now over 100000 OF people with debt considerably
merce OF the dominion last year was 90 steamships, 4e
sailing vessels and 162226 tons Of shipping and II Os9
going ships with tonnage of so9ie TONS arrived
at Canadian ocean ports lake and river yes
ses with tonnage of 29iiS4 TONS at Canadian inland
the United states, to France the shipping
try OF the world The imports into Canada last year
valued at 96i2s OF which s6oooooo we're with
out duty. Shall repel people and trade so inyit.
ing as this In your own aud the general interests OF
man Empire all roads lead to Rome. In the
the New Worid it may be- sad that ali roads lead to
New.York. We have but to do our whole duty, fairly
prosperity ourselves, but to contribute largely the
prosperity Of others.
| REMARKS OF ARCHIBALD BAXTER.
Archibald Baxter, prominent shipping mt OF
this city, was introduced. sure said, that
does not require any extended my part In
addressing the members of the Exchange to end
to them the object that has called together this
afternoon You have only to look at the chain Of lakes
and the 81. Lawrence River, extending oil down the
boundary OF countries and you before you
OF the finest examples OF what Providence has done