Note return — FREE TRADE AND PROTECTION

This, however, is no joking matter. The total failure of the free trade system to procure any, even the smallest return, coupled with the very serious injury it has inflicted on many of the staple branches of our industry, has now been completely demonstrated by experience, and is matter of universal notoriety. If any proof on the subject were required, it would be furnished by Porter's Parliamentary Tables, to which we earnestly request the attention of our readers. The first exhibits the effect of the reciprocity system, introduced by Mr Huskisson in Feb. 1823, in destroying our shipping with the Baltic powers, and quadrupling theirs with us. The second shows the trifling amount of our exports to these countries during the five last years, and thereby demonstrates the entire failure of the attempt to, extend our traffic with them by this gratuitous destruction of our shipping. The third shows the progress of our whole exports to Europe during the six years from 1814 to 1820, before the free trade began, and from 1833 to 1839, after it had been fifteen years in operation, and proves that it had declined in the latter period as compared with the former, despite all our gratuitous sacrifices by free trade to augment our commerce.12