Mr. Anderson, the Managing Director of the Peninsular and Oriental Company, recently testified before a Committee of the House of Commons, that, "the advantages of the communication (between England and Australia) should not be estimated merely by the postage. After steam communication to Constantinople and the Levant was opened, our exports to those quarters increased by L1,200,000 a year. The actual value of goods exported from Southampton alone, last year, (1848-9,) by those steamers is nearly L1,000,000 sterling. Greek merchants state that the certainty and rapidity of communication enable them to turn their capital over so much quicker. Forty new Greek establishments have been formed in this country since steam communication was established. The imports in that trade, fine raw materials, silk, goats' hair, etc., came here to be manufactured. Supposing the trade to increase one million, and wages amount to L600,000, calculating taxes at 20 per cent., an income of revenue of L120,000 would result from steam communication." I am prepared to speak from my own observation, and from the reliable statistics of the Brazilian Government, from the pen of the late Prime Minister, the _Marquis of Parana_, a few facts of the same nature relative to the trade between Great Britain and the Brazilian Empire. In a paper which I prepared for the New-York Historical Society, and published in "_Brazil and the Brazilians_," Philadelphia, Childs & Peterson, I said, at page 618, in speaking of the trade of Great Britain: "From 1840 to 1850 her total imports from Brazil made no increase. In 1853, they had advanced one hundred and fifty per cent. on 1848; and, in 1855, they had advanced over 1848--or the average of the ten years noticed--about three hundred per cent. This, however, it must be recollected, was in coffee, for reexportation; a trade which was lost to our merchants and to our shipping. Her total exports to Brazil from 1840 to 1850 were stationary at about two and a half million pounds sterling annually. In 1851--the first year after steam by the Royal Mail Company--they advanced forty per cent.; and, in 1854, they had advanced one hundred and two per cent. on 1850. Thus, her exports have doubled in five years, from a stationary point before the establishment of steam mail facilities; whereas ours have been thirteen years in making the same increase. The total trade between Brazil and Great Britain has increased in an unprecedented ratio. The combined British imports and exports, up to 1850, averaged L3,645,833 annually; but, in 1855, these had reached L8,162,455. Thus, _the British trade increased two hundred and twenty-five per cent. in five years after the first line of steamers was established to Brazil_." In the analysis of the tables presenting these facts I had occasion to make the following deductions, page 619: