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CONTENTS OF NO. III., VOL. XXVIII.

ARTICLES.

ART.

PAGE.

L. RECIPROCITY WITH THE BRITISH PROVINCES...

275

U. THE LONDON BANKS. By G. M. BELL, Esq., Secretary of the Bank of Australia in London

288

III. COMMERCE OF THE OTTOMAN EMPIRE-SMYRNA. By J. P. BROWN, Esq., of the United States Legation at Constantinople...

294

IV. THE TRADE AND COMMERCE OF BUFFALO IN 1852..

310

V. NEW JERSEY ZINC AND FRANKLINITE. By C. D. STUART, Esq., of New York..... 315 VI. MACKENZIE'S LAW OF PARTNERSHIP IN ENGLAND.......

328

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IMBRACING A FINANCIAL AND COMMERCIAL REVIEW OF THE UNITED STATES, ETC., ILLUSTRATED WITH TABLES, ETC., AS FOLLOWS:

General state of the Money Market-Expansion of Credit, and Inflation of Prices-Causes and probable issue of the present Commercial Prosperity-Total increase in the Metallic Currency of the Country for twenty-eight years, with a Comparison of the relative annual gain-Evils most to be apprehended from speculative excitements-Shapes of Danger to be seen in the Future-Deposits and Coinage at the Philadelphia and New Orleans Mints-Imports of for eign goods for January-Classification of Imports received at New York-Receipts for Cash Duties, showing an increase in the imports of Articles of Luxury-Exports from New York for January, with a Comparison of the Shipments of different Articles of Produce-New Mint Bill-Reduction in Weight of Silver Coin, and Seignorage upon Gold-Multiplication of new Banks, etc...

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339-341

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370

372

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373

Regulations of New Orleans Chamber of Commerce.
Tariff of British Colonies on the Pacific...
Import and Export Duties of the Two Sicilies...............................................................................................

JOURNAL OF MINING AND MANUFACTURES.
Manufacturing Towns of the United States,-No. ii.-Nashua, New Hampshire........
Vacuum Sugar Pans...

The Manufacture of Glass.-No. vii. By DRMING JARVIS, Esq., of Massachusetts
The Gold Fields of Australia...

Manufacture and Consumption of Champagne

Wrought Iron Manufactured by a new Process

Silver Mining in Spain.....

American Railroad Iron...

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373

378

379

380

381

381

381

382

382

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383

Coal received at Port Richmond...

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HUNT'S

MERCHANTS' MAGAZINE

AND

COMMERCIAL REVIEW.

MARCH, 1853.

Art. I.-RECIPROCITY WITH THE BRITISH PROVINCES;

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RECIPROCITY WITH THE BRITISH PROVINCES—IN THE XXXIID CONGRESS-MR. HALE'S PROPOSITION -KR. SEWARD-REVOLUTIONARY EFFORTS TO OBTAIN CANADA-POLITICAL TROUBLES GROWING OUT OF OUR RELATIONS TO THESE PROVINCES-GROWTH OF OUR COMMERCE WITH THEM-CAUSES THAT HAVE RETARDED IT-COMMERCIAL POLICY OF OUR GOVERNMENT, RECIPOCITY-THR "PROTECTIVE TARIFFS BASED ONLY ON RETALIATION-STATISTICS OF THE PROVINCIAL TRADETONNAGE ENTERING THE UNITED STATES FROM CANADA DOUBLE THAT FROM GREAT BRITAIN-NATURE OF OUR TRADE WITH THE PROVINCES-THE FISHERIES-RECIPROCITY MEETING OF OUR FISHERMEN AT GLOUCESTER-POPULATION OF THE PROVINCES PRODUCTS-OBJECTIONS TO RECIPROCITY-INJURY TO OUR AGRICULTURE-TO OUR MANUFACTURES AND COMMERCE-LOSS OF REVENUE CONSISTENCY REQUIRES US TO ADVANCE IN THE RECIPROCATING SYSTEM-RESUME OF ARGUMENTS FAVORING RECIPROCITY-DETAILED STATISTICS OF TRADE WITH THE PROVINCES.

Ir will be remembered by those who have been attentive to the proceedings of the session of Congress just closing, that the subject which has been for some years in discussion, of establishing a reciprocal free trade between the United States and the British North American Colonies, made its way so far into their del berations as to get upon the table of the House Committee on Commerce, and that there it unfortunately stuck, the proposition to bring in a bill to effect so much of the object as was required through the legislative action of our government, being negatived by, we believe, a tie vote. We were, and yet are, sorry for this issue. Not that this action of the Committee, with the presumed acquiescence of either or both houses, definitely settled any thing in regard to the matter, beyond the credit or discredit which should attach to the particular Congress now expiring, for its course in the premises. For the question has heretofore met with more serious negations than this. It will be brought up again, and discussed afresh, and the result, we think there is very slender reason to doubt, will be, that, ultimately, and before our approach to any very remote point in the future, our com

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