Canada And The States Recollections 1851 To 1886 By Sir E. W. Watkin

























































































































































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The operation of the treaty from 1854 to 1866 may now be considered.

The Report of the Revenue Commissioners shows - Page 381
Canada And The States Recollections 1851 To 1886 By Sir E. W. Watkin - Page 381 of 492 - First - Home

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"The Operation Of The Treaty From 1854 To 1866 May Now Be Considered.

"The Report of the Revenue Commissioners shows that the trade under it increased from 20,000,000 dollars, to 68,000,000 dollars in 1864, and that this trade was larger than the trade of the United States with any country in the world except Great Britain.

It was 31/2 times more than with China; 31/2 times more than with Brazil; above 3 times more than with even Mexico; 21/4 times more than with Hamburg and Bremen, notwithstanding the direct line of steamers to and from New York; 21/4 times more than with France, with all its wines, silks, and fashions; and one-third more than with Cuba and the Spanish West Indies.

"Then, on the whole, 'the balance of trade,' as it is called, was in favour of the States during the whole period of the treaty by a sum of 56,000,000 dollars.

"As regards coal, the quantity taken in 1865-6 from Pennsylvania and other States to Upper Canada was about 180,000 tons; while the quantity of Nova Scotian coal taken to Boston and the Eastern States was about 200,000 tons. Thus the supply of districts 1,000 miles apart had nearly balanced itself under the treaty. As regards fishing rights, the United States appeared largely to have the advantage, for they had, by the treaty, access to excellent fishing grounds and passage through the Gut of Canso, while the provincial fishermen rarely troubled the coasts of Maine or Massachusetts - 'bare pastures' for fish.

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