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re ' { 374 ) : a : [ Nov. 1, 
‘i MONTHLY COMMERCIAL REPORT. 
LARGE quantities of Bullion have been imported from the Continent, by the Baltic, 
* fince we received the information in our Report of Jaft month. Gold and filver to the 
‘amount of between one and two millions fterling have been alfo detained in the Spanifh 
frigates taken by Captain Moore, which may, in the end, come into circulation in England, 
. ¥et retail trade is flill exceedingly embarrafled by the want of a fufficient quantity of 
fall filver and copper coin. In Ireland, the Bank tokens for 5s. each have not at all 
given that relief which the public expected from them. The want of fhillings and fixpences 
as, there, ftil! matter of general and moft vexatious inconvenience. The fame difrefs, though 
in fome places not quite fo ftrongly, is felt in England. Forgeries, or counterfeits, of 
the Bank tokens, having been, in great numbers, thrown into circulation, a fufpicion has 
been thus, in {pite of all the cares of the Bank, excited again that currency, which, to a 
certain degree, checks its tranfitions from hand to hand, and impairs its ufetulnefs. ‘The 
only coinage new in circolation, and that an{wers the ufes of fmall retail trade, is of the 
Boulton-mint pennies and half-pennies : of which the ufe is, however, very much impeded 
by fhopkeepers, toll-gatherers, coffec-houfe keepers, keepers of gin-fhops, and keepers of 
alehouies, who find-all their intereft in rather giving m change counterfeit half-pence, 
which they may procure at fix-pence for the four-and-twenty, and thus get cent. per cent- 
‘profitou them. Whatever the direct immediate expence to Government, it would be of 
the greateft benefit to the whole empire, if all the old filver coms im circulation were, by 
the authority of Parliament, withdrawn from commercial ufe; as we as all the copper 
money but that of Boulton’s late coinages—and if a new, coinage of both filvey and copper 
fhonld be then iflued, fecure to the utmoft of the miuter’s power and fkill againft counter- 
teit, and adequate in its qudntity, and in the fubfequent [upplies of it, to the known de- 
mands of the empire’s trade. It is even a difcredit to the wifdom and vigilance of the le- 
giflature, that a matter of this importance fhould have been fo overlooked. 
The trade between this country and Spain has, efpecially fince the beginning of the pre- 
fent war, appeared to be fo mutually advantageous, that there ts nothing fo much to be de- 
fired as the return of atime when a fair comniercial tre«ty may give full fceope to the trade 
en both fides, and adjuft it in all its branches, fo that the mterefts of the two countries 
fhall, in its profecutiou, not oppofe but mutually f/upport one another. We have row ine 
deed reafon to expect, that as the breed of the Spanith theep thrive in England, and their 
wool is even improved, we {hall not continue to depend on Spaim much longer for an article 
of fuch indilpenfable ufe in our beft woolien manufactures. But the wines of Spain might 
be advantageoufly preterred, for Englifh ule, to thofe which we now import from France 
and Portugal. And there might be arrangements in regard to the trade with Spanrh Ame-= 
rica, which would render iis opener freedom to the Englith a new benefit to the Spa- 
niards. ; 
It has been lately explained to the public, by a very intelligent gentleman returned from 
Portugal, that inthe bef port wine there is now a large admixture of French and Spanifh | 
- brandies. Thus we confume the produce of the French vineyards and diftilleries, while 
we tancy that we are only takmg genuine Portuguefe produce in exchange for our own tua- 
mufactures. 
The trade to the Ruflian port of Odeffa, on the Black Sea, continually increafes. The 
jealouly of the mhabitants of Marfeilles has been much excited in confequence of their 
finding that Spain and other countries on thé Mediterranean now begim to procure from 
Odeila grain and various other commodities which were before fup'plied at dearer rates 
trom the South of France. ; 
The wines of Hungary, of which the excellence is well known, are now much ufed ir 
the North. In Sweden, to which they are conveyed by Dantzick, Stettin, and Wolgatt, 
the duty upon them has, to favour the importation, been reduced lately as low as that 
which is there levied on the fmalleft French wines. - 
Some of the moft confiderable banking-houfes in Vienna and Conftantinople have lately 
fopped payment. At Conftantinople, etpecially, there is now an extreme {carcity of mos 
ney. ' 
for the encouragement of the manufactures of Ruffia, the Emperor Alexander has, by 
a recent edict, forbidden the importation of cotton wool, and of chintzes and muflins made 
in India or Rurope, by the way of the Baltic, for fale in thofe parts of his dominions which 
are nore adjacent tothe BlackSea. It is obvious, that one end of this prohibition mu be 
to favour the trade of Odeila and ihe other emporia, which he now frives to eftabiith in the 
touth-eat parts of his dominions. 
From the opening of the Baltic to the 26th of Auguft lat, 660 veffels had arrived at St. 
Peterburgh ; of which 55 were Daniuh. | Four hundred and thirty-one fhips had, within 
the fame period, failed from that port; and of thele, 57 were Danith.—In the miontas of 
July and Auguft, 2192 thips from the Nortiy Sea, and 2561 fhips trom the Baltic Sea, paffed 
through ihe Sound 
The~ 
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