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It produces likewise a species of pepper of great strength, not inferior to any of that which the Portuguese bring from Calicut, under the name of Pimienta del rabo, or Pepe dalla coda, and which African pepper resembles cubbebs, but so powerful that an ounce will go farther than a pound of the common sort; but its exportation is prohibited, lest it should injure the sale of that which is brought from Calicut . There is also established on this coast a manufacture of an excellent kind of soap from palm-oil and ashes, which is carried on for the king's account.
I have been trying, ever since I have been here, to ascertain the price of oranges; not for purposes of exportation, nor yet for the personal importation that I daily practice, but in order to give an American basis of fact to these idle chapters.
A resolution was adopted by the House of Representatives calling upon the President to furnish information "whether our ports or waters had been used for the exportation of horses, mules, and other supplies for use in South Africa, and if so, to what extent and what steps had been taken to prevent such a use being made of neutral territory in time of war."
Now as commerce is international and industry depends for its greatest successes upon exportation, it was inevitable that the up-to-date German banks should seek fields of activity abroad and aim at playing a commanding part in the world's commerce. And they tried and succeeded. For they alone instinctively divined the new spirit of the age, which may be termed co-operative and agglutinative.
The most commercial nation in the world was now busily preparing to diffuse the blessings of civilisation and competition throughout the native country of their newly-acquired friend. The greatest exporters that ever existed had never been acquainted with such a subject for exportation as the Isle of Fantaisie. There everything was wanted.
The Eastern States, as the honorable gentleman says, will become the carriers of America, it will, therefore, certainly be their interest to encourage exportation to as great an extent as possible; and if the quantum of our products will be diminished by the prohibition of negroes, I appeal to the belief of every man, whether he thinks those very carriers will themselves dam up the resources from whence their profit is derived?
They would, in the interest of the public, pass laws to regulate the exportation of cattle and wheat, an attack on property. They would alter the assessment of taxes, an attack on property. They would educate the people gratuitously, a conspiracy against property.
In years of scarcity, though the bounty is frequently suspended, yet the great exportation which it occasions in years of plenty, must frequently hinder, more or less, the plenty of one year from relieving the scarcity of another.
There are no duties on its exportation. That which is brought to the United States is principally manufactured in or near Boston, and is the cordage known as "white rope." The cordage manufactured at Manila is, however, very superior to the rope made with us, although the hemp is of the inferior kind. A large quantity is also manufactured into mats.
The freedom of the port being granted to foreign nations, a privilege before enjoyed only by those purely Asiatic, and a new line of trade commenced by the company, the competition in merchandise soon began to increase, as well as the revenue arising therefrom, in such manner that, although the exportation of goods was limited to the cargo of the Acapulco ship, of which the duties are not payable till her arrival there; notwithstanding also the property imported by the company from China and India, and destined for their own shipments, was exempt from duties, and above all, the continual interruptions experienced by the maritime commerce of the Islands within the last fifteen or twenty years, the net proceeds of the custom house, from the period above mentioned of its establishment, till the close of 1809, have not been less than from $138,000 to $140,000, on an average, independent of the amount of the king's fifth on the gold of the country, which is collected by the same administrator, in consequence of its being trivial; as well as the two per cent. belonging to the Board of Trade, and by them collected under that title, and afterwards separately applied to the average-fund and which usually may be estimated from $20,000 to $25,000.
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