The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-04-07
fcontinued from. Page Ffve.)

CONTINUED from rage rNe-J
barking them in the vessel destined to
convey them to Europe.
2. Vessels destined for cargoes of oil
and spermaceti would proceed to a
known port for their lading. They
would carry out with them the goods
destined for the prosecution OF the 1uf
and other traffics, which would De
either the venture of their owners, Oh
consignments for the colony In either
case. the profits on their sales OF
freight would form an important item
in the credit-account of the voyage
would reduce the scale of it's relative
expenses. and would enable the black
whale fishery to become again lucra-
tive object of mercantile speculation.
g. The expense Of carrying these
goods TO the place of barter would be
Internationally diminished, when their
s transport became no longer the sole
object of the voyage. Higher priced
goods might consequently be sent, and
a demand created for the more expen-
siye and profitable productions of the
British manufacturers industry. AT
present. the whole gross profits of the
trade, exceeding in many cases 2OOo
per cent, are absorbed in the mer-
chants bill of expenses; he is un-
able to export more than the coarsest
articles, which sustain severe and
even successful competition from the
imperfect Russian and American man
ufactures.
4. The fur trade, conducted under
the immediate inspection of those most
interested in its success, would as
cover new channels of communication.
both with the places where furs are
procured and where they are disposed
Of One of these is too important to
pass unnoticed By the treaty of Ner-
schinsk. by which the trade between
Russia and China was regulated, two
depots We're named, Kiachta and Zuru-
chaitu, where alone the respective mer-
chants were to meet. The Russian
exports consist of furs and manufac-
lures; of the furs, many are brought
from the Fox Aleutian, and other
islands and settlements in the Pacific,
which being landed at Okhotsk, are
thence transported to Kiachta, the
nearest depot, by land carriage ex-
ceeding 1000 miles. The manufactures
are partly British, partly French, Rus
sian, and Prussian, and in like manner
arrive at Kiachta, where they are still
distant 81 days journey from Picking, by
a land carriage from St. Petersburg
of sos versts, exceeding 1000 miles
No consumption of them ensues by the
way; saddled with the expense of such
a journey, their acquisition is equally
beyond the means of Tartar horde, or
Siberian exile.
The commercial advantages which
would accrue to US by being able tc
present the same manufactures al
Okhotsk on reasonable terms, hardly
REQUIRE illustration. A considerable
consumption of them would take place
on the spot; the competition of the
foreign manufactures, which would
have a land journey of double the dis
lance, would be superseded, and We
should reap the profits on the subse-
uuent sales of the furs we should re-
ceive in exchange. The active naviga
ton of the gulf of Korea might lead tC
further commercial intercourse witt
japan of the most important nature
in short, it is impossible to set limits
to the prospect which such a change
might open.
The establishment of furriers an(
manufacturers on the spot would en-
nance the value of furs in the Chinese
market. and probably increase theil
demand.
5. a considerable portion of the price