| L.565,800 | |
| We shall assume that one-fourth only of the cottons exported to Portugal find their way fraudulently into Spain—say | 176,290 |
| Say re-exports of cottons from Genoa to Gibraltar, assumed to be for Spain, as per official return of that port for 1839, | 31,400 |
| Cotton goods direct to Spain from the United Kingdom, | 11,150 |
| ————— | |
| Total value of British cottons which could find their way into Spain, direct and indirect, in 1840, | L.784,640 |
| ————— | |
| Instead of the amount exaggerated of Señor Marliani, | L.1,663,268 |
| Or the large excess in estimation, of | 898,628 |
We have the official returns of the whole imports of cotton manufactures, with the exports, of the Sardinian States for 1840, now lying before us.
| The imports were to the value of only | L.443,360 |
| Of which from the United Kingdom | 242,680 |
| Exported, or re-exported, | 458,680 |
The whole of which to Tuscany, the Two Sicilies, the Roman States, Parma and Placentia, the Isle of Sardinia, and Austria. It will be observed that there had been a great falling off in the trade with the Sardinian States in 1840, as compared with 1838 and 1839; and here, for greater convenience, we make free to extract the following remarks and returns from our esteemed contemporary of the Morning Herald, with some slight corrections of our own, when appropriately correcting certain misrepresentations of Mr Henderson, similar to those of Señor Marliani, respecting the assumed clandestine ingress of British cotton goods into Spain from the Italian states:—
"Now the official customhouse returns of most of the Italian states are lying before us—the returns of the Governments themselves—but unfortunately none of them come down later than 1839, so that it is impossible, however desirable, to carry out fully the comparison for 1840. Not that it is of any signification for more than uniformity, because, on referring to years antecedent to 1839, the relation between imports of cottons and re-exports, with the places from which imported and to which re-exports took place, is not sensibly disturbed. The returns for the whole of Sardinia are not possessed later than 1838, but those for Genoa, its chief port, are for 1839, and nearly the whole imports into Sardinia, as well as exports, are effected at Genoa. Thus of the total imports of cotton goods into Sardinia in 1838, to the value of about L.843,000, the amount into Genoa alone was L.823,000. That year was one of excessive imports and 1839 one of equal depression, but this can only bear upon the facts of the case so far as proportionate quantities.
| In 1839, total imports of cottons into Genoa—value | L.494,000 | |
| Of which from England | 313,680 | |
| Total re-exports | 475,000 | |
| Of which to Tuscany | L.131,760 | |
| Naples and Sicily | 110,800 | |
| Austria | 61,080 | |
| Parma and Placentia | 40,840 | |
| Sardinia Island | 28,320 | |
| Switzerland | 22,240 | |
| Roman States | 14,880 | |
| GIBRALTAR | 31,440 |
The total value of cottons introduced into the Roman states is stated for 1839 at L.108,640, of which the whole imported from France, Sardinia, and Tuscany—
| 1839. | Total imports of cotton and hempen manufactures classed together into Tuscany (Leghorn) | L.440,000 |
| Of woollens | 117,200 |
"The total imports of woollen, cotton, and hempen goods together, in the same year, were to the amount of L.155,000.
"Of the imports and exports of Naples, unfortunately, no accounts are possessed; but the imports of cottons into the island of Sicily for 1839 were only to the extent of L.26,000, of which to the value of L.8,000 only from England. In 1838 the total imports of cottons were for L.170,720, but no re-exportation from the island. The whole of the inconsiderable exports of cottons from Malta are made to Turkey, Greece, the Barbary States, Egypt, and the Ionian Isles, according to the returns of 1839."