POLITICAL.

THE ABORTIVE COMMERCIAL NEGOTIATIONS WITH SPAIN.--Senor Sanchez Silva,

known for his speeches in the Cortes, as deputy for Cadiz, has

published, in an address to his constituents, an account of the

negotiations between the Spanish and British Governments relative to a

treaty of commerce. The effect of this publication will be to undeceive

the minds of Spaniards from the idea that the Regent's Government was

about to sacrifice the interests of Spain, or even of Catalonia, to

England. The terms proposed by the Spanish commissioner were, indeed,

those rather of hard bargainers than of men eager and anxious for a

commercial arrangement. Senor Silva says that England, in its first

proposals, demanded that its cottons should be admitted into Spain on

paying a duty of 20 per cent., England offering in return to diminish

its duties on Spanish wines, brandies, and dried fruits. But England,

which offered in 1838 to reduce by one-third its duty on French wines,

did not make such advantageous offers to Spain; and the Spanish

negotiators demanded that 20 per cent. _ad valorem_ should be the limit

of the import duty of Spanish wines and brandies into England, as it was

to be the limit of the duty on English cottons into Spain. This demand

nearly broke off the negotiation, when Spain made new proposals; these

were to admit English cottons at from 20 to 25 per cent. _ad valorem_

duty, if England would admit Spanish brandies at 50 per cent. _ad

valorem_ duty, sherry wines at 40 per cent., and other wines at 30 per

cent., exclusive of the excise. Moreover, that tobacco should be

prohibited from coming to Gibraltar, except what was necessary for the

wants of the garrison. The English Government, in a note dated last

month, declared the Spanish proposals inadmissible. If the Spanish

Government did not admit the other articles of English produce, the duty

on Spanish wines could not be reduced. English cottons were an object of

necessity for the Spanish people, and came in by contraband; whereas

Spanish wines were but an article of luxury for the English. Senor

Sanchez Silva concludes, that it is quite useless to renew the

negotiations, the English note being couched in the terms of an

_ultimatum_.

The Economist, Volume 1, No. 3 · 第 54 / 123 题