The Board of Trade Returns, though they exhibit, in figures surpassing eloquence in their convincing power, the extensive character of our own trading relations with Brazil and the River Plate, of course convey only a partial idea of the commercial activity of the countries named.

Brazil and the Argentine Republic both carry on a large business with other European nations. With regard to the first it will be seen from the statistics we quote below that the Empire has large transactions with France and the Continent, as well as with the United States, to which the bulk of her coffee crop is shipped.

In the Budget of last year, submitted to the National Assembly by the then Finance Minister, Senhor Zacharias, I find the following:—

COMMERCE OF IMPORTATION, EXPORTATION, AND NAVIGATION.

The value of the import trade in 1866-67, according to the official data in the treasury, was 143,483:745$; 22,503:313$, or 18.6 per cent, more than the average of the five years 1861-2 to 1865-6, and 5,716:903$, or 4.1 per cent, more than 1865-6.

This importation took place in the various provinces in the following proportion, which is compared with that of 1865-6:—

1865-66.1866-67.Over in '65-6.
Rio de Janeiro80,709:067$80,458:064$
Bahia17,598:94117,878:203279:262$
Pernambuco21,083:65522,211:2901,127:645
Maranhao2,946:7604,028:3831,081:623
Para4,613:2185,396:706783:488
S. Pedro6,514:9287,746:0761,231:144
S. Paulo1,295:9481,546:755250:807
Parana154:083237:27883:195
Parahyba26:06799:44673:379
Ceara1,924:5462,586:973662:689
Santa Catharina449:246630:912181:066
Alagoas62:250219:537157:287
Sergipe63:17717:390
Espirito Santo1:2092:116907
Rio Grande do Norte30:853171:654140:801
Piauhy293:157252:957
136,766:842143,483:7456,053:893

Diminutions occurred in Rio de Janeiro 251:003$, Sergipe 45:787$, and Piauhy 40:209$; total, 336:990$.

The countries whence the importation came in 1866-67 were the following:—

Great Britain and possessions58,276:905$783
United States4,300:628 878
France and possessions22,023:196 953
La Plata12,325:712 734
Portugal and possessions5,580:451 780
Hanseatic Cities4,340:509 479
Spain and possessions805:919 990
Sweden222:194 583
Denmark34:134 495
Russia12:277 800
Coast of Africa151:773 425
Italy468:789 695
Chili537:023 100
Belgium1,333:855 778
Austria910:268 440
Holland3:017 850
China23:400 000
Peru680 000
Ports of the Mediterranean29:744 000
Ports of the Empire1,354:734 000
Fisheries1:381 200
Ports not mentioned30,747:145 332
Total143,483:745 290