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The more gold, besides, that is annually imported from some particular countries, over and above what is requisite for plate and for coin, the more must necessarily be exported to some others: and the more that most insignificant object of modern policy, the balance of trade, appears to be in our favour with some particular countries, the more it must necessarily appear to be against us with many others.

From the last return of the foreign trade of Great Britain it appears, that by far the most important article of export is cotton manufactures and yarn, amounting in real or declared value to nearly one-half of the whole amount of goods exported; the next articles, arranged according to their value, are woollen manufactures, refined sugar, linen manufactures, iron, steel and hardware, brass and copper manufactures, glass, lead, and shot, &c. &c.; of colonial produce exported, the principal articles are coffee, piece goods of India, rum, raw sugar, indigo, &c. &c.

Potash is essential to the manufacture of many fertilizers, fertilizer being composed as a rule of potash, phosphates and nitrates. The nitrates in past years have been exported to all countries from Chile. Phosphate rock is mined in South Carolina and Florida and several other places in the world. Curiously enough, both nitrates and potash are essential ingredients also of explosives used in war.

In 1904 matches to the value of 9,763,860 yen, or, roughly, one million sterling, were exported, and, strange to relate, European clothing to the value of 287,464 yen.

Late in the afternoon we reached Villa Viciosa, a small dirty town, at the distance of eight leagues from Oviedo: it stands beside a creek which communicates with the Bay of Biscay. It is sometimes called La Capital de las Avellanas, or the capital of the Filberts, from the immense quantity of this fruit which is grown in the neighbourhood; and the greatest part of which is exported to England.

After drying in the sun, and undergoing several other processes, with the minutiæ of which I am unacquainted, it is made up into bales, weighing 280 lbs. each, and in that state is shipped for Manilla, where, after being picked more or less white, which is dependent entirely upon the purposes it is intended to serve, and the markets it has to be sent to, it is again pressed into bales of the same weight as before, although of much less bulk, and is exported, the greater quantity of it going to the United States of America, as the export tables will show.

It was exported specially from Normandy a country which sent out many buccaneers, whose phrases still linger in the Norman patois. For powder flask they used a hollow gourd, which was first dried in the sun. When it had dried to a fitting hardness it was covered with cuir-bouilli, or boiled leather, which made it watertight.

Should specie continue to be exported at this rate for the remaining three quarters of this year, it will drain from our metallic currency during the year ending 30th June, 1852, the enormous amount of $58,607,308. In the present prosperous condition of the national finances it will become the duty of Congress to consider the best mode of paying off the public debt.

He insisted upon laying an imposition of two per cent, on all the Portuguese gold that should be exported; but the profits of the trade would not bear such an exaction.

No survey was made of the land, nor was it of any importance to estimate the acreage, there being no land tax, but in its place a tax of 1 rupee per cwt. of clean coffee produced, which was only liable to be demanded when the coffee was exported from the country, and not before.

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