The cheapest freights for grain in the world are those between Chicago and New York, and the reason why this is so is that there exists keen competition on the part of the inland waterways. Of the 580 miles of canals in Ireland a considerable part are owned by the railway companies, and their weed-choked condition shows the use to which they are put in the national economy. Whoever it was that said the carriers of freight hold the keys of trade was stating what appears almost an axiom, and an illustration is afforded of the results of reduced rates in an analogous business in the way in which the establishment of penny postage sent up the receipts of the General Post Office. The difference in the freights in the three kingdoms may be seen by a comparison of the average rate per ton of merchandise in the year 1900-- In England In Scotland In Ireland 4s. 10.26d. 4s. 11.64d. 6s. 7.90d. In the decade from 1890-1900 the figure in England and Wales decreased 8.79d., in Scotland 1.7d., and in Ireland increased by 1.92d. Again, the control of the great English railway corporations over the small companies in Ireland has led to a state of things by which freights for imported goods are relatively lower than are those for purely internal carriage, and by this means the railways of Great Britain maintain their grip of the carrying trade, and incidentally destroy the industry of Ireland. The trade of Ireland is not two per cent. of that of the three kingdoms, and this policy of swamping the Irish market with English-made goods at low rates to such an extent that over twelve million pounds' worth of imported goods are sold annually in Ireland shows the manner in which the principles of free trade are applied to that country; and so it has come to pass that the opening up of the country by railways has often tended to destroy local industries and to substitute for their products articles manufactured in England and Continental Europe at a cheaper cost, carried in either case by English railways, which, in consequence, reap the benefit of the freight. The carriage per ton paid by eggs to London, to take one example, is 16s. 8d. from Normandy, 24s. from Denmark, and no less that 94s. from Galway.