194 Monthly Commercial Report. — {March 1, 
to General Anstruther, in the memérable good men, the late Sir John Moore and -Ge- 
hattle of Vimiera; and commanded, with eral Anstrather, who honoured him with 
great credit to himself, the 6th regiment, their friendship. Though snatched away at 
Curing the campaign in Spain, which corps such an early age, he lived long enough to 
Aiss the last of the British army that embark- gain the affectionate esteem, as his immature 
ei at Corunna. An higher eulogium cannot death has occasioned the deepest regret, toall 
be pronounced upon Major Gordon, than to who knew him. He hos Jeft a disconsolate 
say that he was patronised by those great and. mother and sister to deplore his loss. 
MONTHLY COMMERCIAL REPORT. 
Boulrise COMMERCE anp MawuracTureEs. —From the statement presented to 
the House of Commons ty the Honourable George Rose, on the 2d ult. it appears 
that the balance of trade for the “last year, is nearly sixteen millions in our favour, 
Our exports exceeding our imports by that,sum. The value of our exports, consisting 
of British manufactures alone, during the year 1809, amounted to 55. millions; while 
the whole imports amcunted only to 45 millions. It has been very confidently asserted 
by many persons who pretend to an intimate acquaintance with the commercial -policy of 
Great Britain, that our import trade was carried on solely by paying for our imports in bullion; 
yet, from the papers laid before the House by Mr. Rose, it would appear, that the value of 
the money sent out of the country was about six millions, while that orought in exceeded ten 
millions, leaving a balance on the pecuniary traffic alone. of from four to’five millions in our 
favour. Mr. Rose undertook to prove, that the trade with the United States, of which we had 
been <seprived, had been made up to us by our increased trade with otlrer parts of America. 
In support of this declaration, he staied that our. trade with the United States amounted to 
something more than eleven millions; and to all other parts of America, it then amounted to 
about seven millions: making a total of eighteen millions. In the lest year,’ continues 
Mr. R. ‘ our trade to other parts of America alone, amounted to twenty-three millions, being 
five millions more than the whole trade had been formerly. It also appears, from papérs laid 
upon the table, that, in’tead of having received no cotton-wool from America, we had last 
Year imported more than in any one year before.” This statement of Mr. Rose certainly 
wears a iair face ; but we must beg leave to say that it savours very strongly of sophistry. 
Mr. Rose is high ia office, and of course is unwilling that his merits, and those of his col- 
leagues, shouvid not be duly appreciated by the public; but in his laudable anxiety to make 
the desired impression upon the minds of his constituents, this gentleman has suffered him 
self to be led aside from the road of right reasoning by all the ignis fatuus of ex parte statement. 
He has either wilfully suppressed, or accidentally overlooked, the cause of such a vast item as 
twenty-three miliions appearing on the debit-side of the American account. He surely must 
have known that the greater part of this sum was thrown away upon the trash miscalled mer- 
chandise, with which the South American markets have been so glutted, that, as we stated 
some months ago, many of the articles sent cut to the Spanish and Portuguese dominions, did 
not actually pay freight and ‘charges! The swollen bankrupt-lists of the last year might also © 
have taught Mr. Rose to know the fate of those merchant-speculators who dashed through 
the thick and thin of South American traffic; and that of the over-reaching manufacturers 
and shopkeepers, from whom the adventurers obtained credit. Now, even granting that the 
revenue has not suffered conjointly with the adventurers, can the last vear’s exports to South 
America be looked upon asa criterion whereby to calculate upon our future traffic with that 
part of the wo:ld? for, is it not most evident, that if Buenos Ayres, Rio de Janeiro, &c. have 
been compleiely g/utted with cur goods, a considerable period must elapse before a fresh de- 
mand takes place ; and though our traders may, foratime, think fit to thrust their commodi- 
ties upon® those places, yet they will soon get tired of playing a losing game. Where then 
wil! Mr. Rose, and his fine spun theory, be found? Where are we then to look for indem- 
nification on account of the loss of our North American trade? There are other points in Mr. 
Rise’s statement, to which we would gladly advert, did our limits permit us to notice them as 
we could wish, but the generality of our commercial readers will, doubtless, be able to disco- 
ver what lies beneath the surface of Mr. Rose’s fair balance-sheet, and to form a just estimate 
of its value. With respect to bullion, we shall content ourselves with stating, that a more 
considerable contrabana trade has: been carried on in that articie within the last year, than at 
eny similar period during the present reign ;- and all the world knows that the particulars of 
contraband trade can never obtain a place in anaccount of which every item is extracted from 
the Custom House books. The regulations adopted by the government at Buenos Ayres (of 
which we sisall present a detail under the head of. South America) have given some degree of 
life to ou manufactures. : ‘ : 
East Inpies anno Cuina.—The following are the prices of teas of different qualities: — 
Bohea; 1s. 9d. to 28.3 singlo and twankay, 3s. Gd. to 3s, 9d, 5 congou, 3s, 2d, to 3s. 10d.5- 
souchong, 
. 
