s. d. s. d.
Singapore, from 105 0 to 60 0
Calcutta, 117 6 77 6
Hong Kong, 105 0 55 0
(last quotation from there)
Bombay, 95 0 60 0
Ceylon, 95 0 70 0
Mauritius, 84 0 60 0
Callao, 95 0 63 0
Havannah, 85 0 47 6
Odessa, 95 0 42 6
Alexandria, 12 0 5 6
Cronstadt, 32 6 19 0
Quebec, 47 6 32 0
This decline of freights deeply concerns the agriculturist, since it
unsettles even those loose and incorrect calculations, which were
brought forward by the Free-traders for the purpose of proving that high
freights must necessarily act as a powerful check to the importation of
foreign corn, in the event of the abolition of the duties.
The challenge so confidently made has been accepted in another quarter.
At the great Wiltshire meeting held at Swindon on the 6th February, Mr
George Frederick Young spoke as follows:—
“Another point which has been taken as a kind of _cheval de
bataille_—a sort of hobby-horse which the Ministers were determined to
ride—I am somewhat familiarly acquainted with; I allude to the
shipping interest. As they have brought that interest so prominently
before parliament, I may, perhaps, be allowed to correct their
statements when they are at fault. What were we told about the
shipping interest in the House of Lords? I thought that they might
have managed to get up returns, to answer the purpose of the occasion,
of a somewhat specious character, extending over a large surface,
before they asked the house to come to a conclusion. But what did they
do? They said that the shipbuilding interest is in a most prosperous
state; and that it is prosperous, they deduced from the fact that
there were 90 ships building in the port of Sunderland on the 31st of
December last. It is the truth that that was the case at that time,
but it is not the whole truth; and the whole truth is, that though
there were 90 ships building in that great shipbuilding port, 24 of
them only were sold, whilst 66 were standing, 31 of them being ready
to launch, but could not get purchasers. I find also, that out of 251
ships which were building at the several shipbuilding ports at that
date, there were but 66 sold, making nearly 200 out of the 250 that
could not obtain purchasers, (hear, hear.) Is that fair? (cries of
‘no,’ and cheers.) Is that the way in which a great public question is
to be supported by the Ministers of the Crown? Yet these gentlemen
have not thought it to be beneath them to stoop to such paltry
prevarication for the purpose of misleading the parliament, (great
Public-domain text, read in full here on John Shaqi.
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