Progress of the changes in the Navigation Laws—Reciprocity
Treaties—Austria, July 1838—Zollverein States, August 1841—Russia,
1843—Various anomalies, &c., then in existence—Curious effects of
Registry Laws, as regarded individuals or corporate bodies—Ship
_Equador_—Decision of the Queen’s Bench, December 1846—Further
details: owner to reside in the United Kingdom—Naturalisation of goods
brought to Europe—Waste of capital caused thereby; and obstructions
to trade—Story of the cochineal—But the Navigation Laws not always
to blame—Special views of the Canadians—Montreal, its shipping and
trade—Navigation of the St. Lawrence—Free-trade with the United States
desired by the farmers of Canada—Negotiations proposed—Canadians
urge the abolition of Protection—Views of Western Canada—Canadians,
really, only for partial Free-trade—Improvements of their internal
navigation—Welland Canal—Cost of freight the real question—Loss to
Canada by New York line—General summary of results as to Canada—West
Indians for Free-trade as well as Canadians—Divergent views of
capitalists at home—Liverpool and Manchester opposed.