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benefit to our constituents. I as much rejoice, that it is not -to be negotiated through the medium of the torpid, uninformed machine, at first made use of. I conjecture, from your relation of the con ference with the Chevalier de Pinto, that he is well informed and sensible. So much the better. It is one of those cases, where the better the interests of the two parties are understood, the broader will be the basis on which they will connect them.
To the very judicious observations on the subjects of the con ference, which were made by you, I have little to add.
Flour. It may be observed, that we can sell them the flour ready manufactured, for much less than the wheat of which it is made. In carrying to them wheat, we carry also the bran, which does not pay its own freight. In attempting to save and transport wheat to them, much is lost by the weavil, and much spoiled by heat in the hold of the vessel. This loss must be laid on the wheat which gets safe to market, where it is paid for by the consumer. Now, this is much more than the cost of manufacturing it with us, which would prevent that loss. I suppose the cost of manufac turing does not exceed seven per cent on the value. But the loss by the weavil, and other damage on ship board, amount to much more. Let them buy of us as much wheat as will make a hun dred weight of flour. They will find that they have paid more for the wheat, than we should have asked for the flour, besides having lost the labor of their mills in grinding it. The obliging us, therefore, to carry it to them in the form of wheat, is a useless loss to both parties.
Iron. They will get none from us. We cannot make it in competition with Sweden, or any other nation of Europe, where labor is so much cheaper.
Wines. The strength of the wines of Portugal, will give them always an almost exclusive possession of a country, where the sum mers are so hot as in America. The present demand will be very great, if they will enable us to pay for them ; but if they consider the extent and rapid population of the United States, they must see that the time is not distant, when they will not be able to make enough for us, and that it is of great importance to avail themselves of the prejudices already established in favor of their wines, and to continue them, by facilitating the purchase. Let them do this, and they need not care for the decline of their use in England. They will be independent of that country.
Salt. I do not know where the northern States supplied them selves with salt, but the southern ones took great quantities from Portugal.
Cotton and W ool. The southern States will take manufactures
