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THE

MERCHANTS' MAGAZINE,

AND

COMMERCIAL REVIEW.

CONDUCTED BY FREEMAN HUNT,

EDITOR OF THE LIBRARY OF COMMERCE, ETC.; CORRESPONDING MEMBER OF THE AMERICAN
STATISTICAL SOCIETY; MEMBER OF THE NEW YORK HISTORICAL SOCIETY; HONOR-

ARY MEMBER OF THE MERCANTILE LIBRARY ASSOCIATIONS OF NEW YORK,

BOSTON, BALTIMORE, AND LOUISVILLE, ETC., ETC.

VOLUME FOURTEEN.

FROM JANUARY TO JUNE, 1846.

NEW-YORK:

PUBLISHED AT 142 FULTON-STREET

MDCCCXLVI.

jeneral

ADVERTISEMENT.

THE number for June, 1846, completes the 14th volume, and the 7th year of the existence of the "Merchants' Magazine." The reputation it has acquired at home and abroad, and the success that has marked its progress, encourage the editor and proprietor to renewed efforts to render it worthy of the continued support of the intelligent classes in the community, whose interests it has aimed to promote, by a careful compilation of the statistics of trade and commerce, and of the various industrial movements of our own and other countries. We have endeavored to infuse into our journal, a national spirit and character, by securing the aid of able correspondents in all parts of our wide-spread Republic; and by exhibiting the resources of every state and territory of the Union. On mooted points in political economy, banking, and the principles of trade, we have freely admitted articles advocating antagonistic doctrines and opinions; and, while it is our great aim to exhibit facts, and embody the practical operations of commerce, the Magazine will ever be open to the free and fair discussion of every subject legitimately falling within its general scope.

The "MERCHANTS' MAGAZINE AND COMMERCIAL REVIEW" will continue to include in its design every subject connected with Commerce, Manufactures and Political Economy, as-Commercial Legislation; Commercial History and Geography; Mercantile Biography; Essays from the ablest pens on the leading topics of the day, relating to Commercial Af fairs; Descriptive, Statistical, and Historical Accounts of the various commodities which form the subject of Mercantile Transactions; Port Charges; Tariffs; Customs and Commercial Regulations; Treaties; Commercial Statistics of the United States, and the different countries of the world with which we have intercourse, including their Physical Character, Population, Productions, Exports, Imports, Seaports, Moneys, Weights, Meas

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