The North American Review volume 57

Cover The North American Review volume 57
The North American Review volume 57
Uncle Philip
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, and of the last four hundred per cent. ; while our whole dealings were too small to be computed.
What is the condition of things in the trade of the Baltic ? This is a sore question, and though enough has been said upon it, perhaps, in the extracts which we have given from the Report of the Committee on Commerce, we shall give a few figures to show, that could our navigators obtain a proper share of it, our countrymen would be great gainers. We may premise, that the amount of our tonnage enga
...ged in it, instead of increasing, as it ought to do, under the state of the imports and exports, has diminished nearly one third within the last eighteen years, and that, from present indica- tions, it will decrease still more. The policy of " reci- procity " with the States on the Baltic is, as has been re- marked, u as if two neighbours, one of immense landed estate, and the other the possessor of a single acre, should agree to exercise the right of pasturage in common. " We have al- ready shown, that in the trade with several of the countries with which we have treaties of "reciprocity, " the amount of British shipping far exceeds that of the United States ; and we are now to see the same result again.

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