six years of continually recurring disaster, from a share in which he has not been preserved harmless himself, appears to be entirely lost upon him. But it has not been lost upon the intelligent masses of the community; and I feel perfectly convinced that any attempt on the part of the manufacturing interest to raise an ignorant clamour of opposition to the efforts of the Earl of Derby's administration to snatch the country, by sound and patriotic legislation, from its present disorganised and suffering condition, will prove a ludicrous failure, and very justly draw down upon its authors the indignation and disgust of their fellow-countrymen. Before concluding, I may be pardoned for addressing to the Public, and to the Legislature, a word or two of caution against placing the slightest dependence upon Board of Trade Returns, as affording evidence of the real condition of the nation. It has long been known that the principle upon which they are compiled is a most fallacious one; and they have been rendered more so by our recent policy. Had these elaborate statistical documents afforded anything like an index to our condition, we ought, during the past ten years, to have been advancing in prosperity at a rate more rapid than was ever achieved by any people. They do not, however, form such an index, and, for all useful purposes, are as valueless as the paper upon which they are printed. But this is not all. Not only is the evidence afforded by them fallacious, but the figures contained in them are incorrect and often fraudulent. The entries at the Custom-Houses of merchandise shipped for foreign countries, may be valued at anything that the exporter pleases. There is no check whatever against such entries being falsified. It is the same with our imports, those brought in duty free being now no longer weighed by Government officers at the ship's side. A few dishonest men may at any time combine to increase or to decrease the amount of the next month's or year's return; and to exhibit growing prosperity, or the reverse. It is only necessary, in order to effect their object, to add fifty or a hundred per cent to the declared value of their shipments, or to undervalue them to the extent wished to be shown. We have continually been witnessing, during the past few years, the _extraordinary luck_ of the late Whig Ministry in being always able, at seasons of emergency, when pressed by their opponents, to produce some favourable return from the Board of Trade; and it is not very improbable that, whilst in opposition, they may be indulged by their Free-Trade allies throughout the country with the figures required to prove decreasing exports under a Conservative Government. But independently of such malpractices, committed from party motives, there are other causes in operation which render these returns utterly unworthy of credit. In a vast number of cases it is certain that goods exported are _not entered at all_. A few