The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1880-04-03

q Under the head OF " Reciprocity the fol-
lowing appears III the san Francisco Merchant Of
March u:
The imports at the New York Custom House for
the first two months Of the year have exceeded the
exports by S27 600. 060. This Is as We predicted
1t would be. The unfavorable balance which has
mus begun Is likely TO steadily increase. and If
Europe shall again have good crops. as now seems
probable, We shall before fall revert 10 the old
state OF things, while manufacturers who are now
running TO Gil demands made by The business
Doom VIII again be attempting 10 force their wares
upon gIutted markets.
What We want Is a large foreign demand for our
manufactured goods What We ought 10 aim AZ Is
the opening OF markets which will take more from
US than raw material during famine years. And
this. as We have repeatedly pointed out, may b.
done by extending the policy OF reciprocity which
we have begun with the Hawaiian Islands. The
rapidly growing commerce with the little kingdom
Is already beginning 10 prove a most important
item TO San Francisco manufacturers and mer-
chants. Every vessel that goes OF is loaded down
IS Tar as safety will permit, with the produce OF
san Francisco touudries aud manufactures, aud
the demand thus created has proved OF great assist
ance to all branches of trade and business during
the dull times through which We have been pass
ing. IL reciprocity with the sandwich Islands VIII
DO this, how much greater relief to our producers
aud manufacturers would be given by similar
treaties with Mexico, Central and South America,
and the West Indies. This is the true American
policy, and if there is any craftsmanship in our
Government, no effort should be spared to make a
good beginning before the year closes. 1t this is
not done, our fiscal reports will certainly again
show an unfavorable balance"
And in its issue of March 18th. the Merchant
says
The principle OF reciprocity with our Amerl-
can and Pacific countries is gradually but surely
coming to be recognized as the soundest commeI-
clal policy that can be pursued, aud we are glad
to note the strong aud increasing support which
the doctrine, SO long fought for by the MERCHANT,
Is receiving from numbers of the leading journals
Of the Eastern States. The elaborate statistics of
the Hawaiian Island trade, before and since the
reciprocity treaty between that Kingdom and the
United States, as published in the MERCHANT OF the
nth oi last October. are frequently quoted by our
Atlantic emp in proof OF the mutual ben
edts certain to follow similar treaties with the
American republics, Australia and Pacific Islands.
Some years ago Canada enjoyed the advantages OF
reciprocity with this Union, but owing 10 a change
OF administration their government most nnwlseiy
brought about an abrogatlon OF the treaty. since
when Canada has vainly sought the profitable
market for her productions which she had SO long
found near at hand in the United States. As a
consequence, since the abTogation OF the treaty,
the commercial failures in Canada have increased
steadily, aud out of all proportion TO her wealth
and population. The Canadians now see the folly
OF their ways, and We have every reason 10 believe
that they will clamor loudly. ere long, for the re-
storation of reciprocity, under which they always
thriyed. There will come a time. by and by,
when North America will be a great commercial
Union, with all its members enjoying the blessings
of unrestricted intercourse with each other"