MONTHLY MAGAZINE. 
No.°205.] 
NOVEMBE 
[4 of Von. 30. 
SC 
ade ABO: 
As long as thofe who write are ambitious of making Converts, and of Biving their Opinions a Maximum of 
Influence ahd Celebrity, the moft extenfively circulated Mifcellany will repay with the grearek Effect ths 
, 
Curiofity of thofe who read%either for Amufement or Inftruction.—- JOHNSON, 
rd 
ORIGINAL COMMUNICATIONS, 
For the Monthly Magazine. 
[The intelligence that a French fleet was 
sailing victorious in the English Channel, 
could scarcely be considered more impor- 
tant to the interests of Great Britain, than 
the facts contained in the following Report. 
It appears, that while the lion and the 
bear are contending for the prize, the fox 
_ is carrying it off. While Great Britain is 
contending against the chimera of French 
commerce and competition, and encum- 
bering herself with a worthless paper cur- 
rency to support such a contest; while her 
merchants are solely occupied in discoun- 
ting accommodation-bills at the Bank. of 
England; and while that bank itself is sup- 
porting rninous monopolies and combinas 
tions in every branch of trade, by such 
discounts ; America is rapidly undermining 
the foundations of our national wealth, 
and rivalling all our staple manufactures. 
The relative prospects of the two coun- 
tries, may be compared to those of two 
rival traders in the same town, one of 
whom carries on his trade by means of 
accommodation-bills, and issues of promis- 
sory potes; and the other pays for every 
thing in cash, and trades on his stock of 
¢ash, which is constantly increasing. The 
event cannot be doubtful, as we witness 
the parallel and its effects every seven 
years, in every trading street in the em- 
pire. There is, in this reasoning, no spe- 
culation or dubious hypothesis; and it 
behoves our statesmen forthwith to re-tread 
their steps, to put an end to factitious cur- 
rency, to allow no currency but specie, 
or no paper which is not the sign of it, and 
convertible into it at pleasure; in short, 
it behoves them to restrict and regulate 
the. deleterious operations of the Bank of 
England, which, by its discounts, fosters 
monopolies of every kind, and gives a fac- 
titious value to all the necessaries of life. 
The Bank of England, it is to be feared, is 
becoming a sort of Pandora’s box te this 
empire, and our trade must depart to other 
Mon tury Mag. No. 203, - 
regions, if it is to continue to be dependant 
On the caprice, partiality, and unequal 
bearing, of Bank discount. ! 
REPORT Of the sEcRETaRY of the TREA- 
SURY, on the SUBJECT of AMERICAN 
MANUFACTURES, made April 17, 1810, 
in obedience to a Resolution of tie 
HOUSE Of REPRESENTATIVES. 
Domestic Manufactures. 
HE following manufactures are car* 
T ried on to an extent, which may be 
considered adequate to the consumption 
of the United States: the foreign articles 
annually imported, being less in value 
than those of American manufacture be- 
longing to the same general class, which 
are annually exported, viz. 
Manufactures of wood, or of which 
wood is the principal material.—Leather 
and manufactures of leather.—Soap and 
tallow candles.—Spermaceti oil and can- 
iles.—Flax-seed oil.—Refined sugar.— 
Coarse earthen-ware,—Snuff, chocolate, 
hair-powder, and mustard. 
The following branches are firmly ese 
tablishea, supplying, in several instances, 
the greater, and in all a considerable part 
of the consumption of the United States, 
Viz. 
Tron and manufactures of jron.—Ma- 
nufactures of cotton, wool, and flax. 
Hats.—Paper, printing types, printed 
books, playing cards.—Spirituous and 
malt liquors=—Several manufactures of 
hemp.—Gun-powder,—Window glass. 
—Jewelery and clocks.—Several manu- 
factures of lead.—-Straw bonnets and 
hats. —Wax-candles. 
Progress has also been made in the 
following branches, viz: 
Paints and colours several chemical 
Preparations, and medicinal drogs; salt » 
manufactures of copper and brass; ja- 
panned and plated ware; calico printings 
queen’s and other earthen and glass 
wares, &c. 
Many articles, respecting which no 
information has been received, are une 
doubtedly omitted; and the substance of 
the information obtained on the most 
important branches, is cumprebended 
under the following heads; 
2.Q Weod 
, 
