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COMMERCIAL REVIEW

of THE

SOUTH AND WEST.

A MONTHLY JOURNAL

OF TRADE, COMMERCE, COMMERCIAL POLITY, AGRICULTURE, MAN.
UFACTURES, INTERNAL IMPROVEMENTS, AND

GENERAL LITERATURE.

“Commerce is Bing."--CARLYLE.

CONDUCTED BY

J. D. B. DE BOW,

PROFESSOR OF POLITICAL ECONOMY, COMMERCE AND STATISTICS, IN THE UNIVERSITY

OP LOUISIANA, NEW-ORLEANS.

VOL. VI.

B. F. DE BOW, CAMP-STREET, NEW-ORLEANS.

C. S. FRANCIS & Co., New-York.
GEO. OATES, Charleston.
M. BOULEMET, Mobile,

REDDING & Co., Boston.
DOLMAN, St. Louis.
SIMMONDS & Co., London.

1848.

NEW-ORLEANS CHAMBER OF COMMERCE.

New Orleans, May 4th, 1846. Be it resolved, that this Chamber highly approves of the COMMERCIAL REVIEW, periodical established in this city by J. D. B. De Bow, Esq., and recommends it to the patronage of the commercial community.

SAMUEL J. PETERS, President. CHARLES Briggs, Secretary. Sır: I prefix a copy of a resolution, passed unanimously at a meeting of the Chamber of Commerce of this city, last evening.

Respectfully, CHARLES BRIGGs, Sec. To J. D. B. De Bow, Esq.

CHARLESTON CHAMBER OF COMMERCE.

Charleston, October 26th, 1846. At a meeting of the Chamber, held this evening, the following resolutions were, after a few preparatory remarks, introduced by Col. J. Gadsden, and being seconded, were adopted by the Chamber.

Resolved, That the COMMERCIAL Review, edited in New Orleans by our fellowcitizen, J. D. B. De Bow, Esq., is a work well calculated to exercise a most favorable influence on the Commercial interests of the South and West.

Resolved, That the real and talent with which it has been commenced, and the able articles which have appeared in its pages (as foreshadowing on the future the promises of the past,) strongly recommend the Review to the patronage of the Southern community, and that the Chamber of Commerce of Charleston feel gratified at the opportunity of presenting to the public this testimony in its favor. On motion of A. Moise, jr., Esq.,

Resolved, Thut a copy of these resolutions be forwarded to Mr. De Bow, and that they be published in the daily newspapers of the city. Extract from the minutes.

William B. HERIOT, Secretary. SOUTHERN RAILROAD CONVENTION.

Columbia, s. C., May, 1846. On motion of A. G. Summer, Esq.,

Resolved. That it is with pleasure we learn oar late fellow.citizen, J. D. B. De Bow, Esq., now of New Orleans, hereafter intends to devote a large portion of the COMMERCIAL REVIEW to the railroad interest in the South; we, therefore, heartily recommend that work to the patronage of those persons interested in such enterprises.

CHARLESTON MERCANTILE LIBRARY SOCIETY. In exercise of the power given them by the Constitution, the Board have unanimously elected as Honorary Members, Freeman Hunt and J. D. B. De Bow, Esqrs. These gentlemen are entitled to wide and honorable distinction. The former in originating the MERCHANTS' Magazine, the first successful attempt of its kind in the United States, sustained and conducted as it has been by marked ability. The latter one of our own citizens, in the laudable spirit which prompted the establishment of the COMMERCIAL Review of the South and West, and the masterly pen which he has wielded in elucidation of the commercial interests of the South, have richly earned our most gratetul acknowledgments.

-A. O. ANDREWS, Pres. February, 1847.

103078

A MONTHLY JOURNAL OF TRADE, AGRICULTURE, COMMERCE,
COMMERCIAL POLITY, MANUFACTURES, INTERNAL IM-

PROVEMENTS, &c.
Published Monthly, in the City of New-Orleans.

Terms Five Dollars per annum, in advance.
Advocating the interests of the South and West, the COMMERCIAL Review will

not be the less mindful of the great interests of TRADE, COMMERCE AND AGRICULTURE throughout the World-Commerce in its various and multiform relations--in its History, its Laws, and its Statistics; Commercial commodities ; regulations of Trade, inter-State and inter-National ; Treaties: Foreign and Domestic Tariffs, Excises and Posts ; Marine relations; Enterprises of Commerce, in SHIPPING, Canals, RAILROADS and STEAM NAVIGATION, etc.; Mercantile Systems, Codes, Laws and Decisions, ancient as well as modern; Banking Insurance, Exchange, Partnership, Factorage, Guaranty, Brokerage, Bankruptcy, Wreck, Salvage Freights, Privateering, Marque and Reprisal, Piracy, Quarantine and Custom House Regulations, etc., etc. ; COMMERCIAL LITERATURE AND BIOGRAPHY.

ADDRESS B. F. DE BOW, NEW ORLEANS.

Bound volumes of Commercial Review, in handsome style, for sale at the office, complete, viz.: Vol. I. 543 pages. | Papers, by Hon. Joel R. Poinsett, and a great number of ** II. 442 " S other distinguished contributors. “ III. 588 * Engraving of Stephen Girard; 50 original contributions,

maps, &c. IV. 560

Important American Statistics, &c. " V. 544 " Contains an elaborate Prize Essay upon Silk, in addition to

all other American Products and Staples. “ VI. Contains, among other things, a republication of the great English

work, by Evans, on Sugar, which ought to be in the hands of every

planter. The price of the English copy is $4 50. Two volumes make one year. Charge for binding at binders' prices. Complete Indexes of the work, for inspection, can be had at the office.

PROSPECTUS TO THE SEVENTH VOLUME. This work has been regularly published nearly two years. Its success has been signal throughout the whole SOUTHERN AND WESTERN COUNTRY, and its subscription list steadily and rapidly increased there and in other sections of the Union. In this brief period it has gained a larger circulation than any other Southern work, and the strongest influence. Complimentary letters and notices have been received from every source, even the very highest, as could be shown did space permit. The COMMERCIAL Review has advocated and upheld the

Commerce and Agriculture of the Southern and Western States, and exhibited from time to time their complete

STATISTICS, in such a manner as could not but have secured the best results. The papers which have appeared upon SUGAR and upon Cotton, upon Tobacco and Rice, apd MANUFACTURES, upon THE PROGRESS OF OUR COMMERCIAL RELATIONS with all nations, and upon Mexico, may be stated as examples. Indeed, this has been admitted from many sources. Although devoted in its aims to the development and exhibition of the

Resources of the South and West, the Commercial Review neglects no view of

American and European Industry and Enterprise, in every department, and must be of equal value to AMERICAN CITIZENS wherever they are found. Is there a section of the Union, too, or an interest, which has no concern with the progress and resources of the GREAT WEST, of which the Commercial Review is the faithful exponent!

TESTIMONIALS. If the Index of Contents, now published, were not sufficient evidence of what the work has been and is, we might remark, that it has been highly commended to us, among others, by the Hon. Henry Clay, Hon. J. C. Calhoun, Hon. J. Q. Adams, Hon. Levi Woodbury, Hon. E. Burke, Patent office, Hon. Abbot Lawrence, Hon. Joel R. Poinsett, the most important Chambers of Commerce, etc., etc. A bost of letters might be easily published, and notices from Journals of the highest character; as the Union and National Intelligencer, Courier and Enquirer, Charleston Courier, Mercury, Patriot and News, New York Courier and Enquirer; all the New-Orleans papers, and others throughout the country-Skinner's Farmers' Library, Hunt's Merchants' Magazine, Simmond's London Colonial Review, etc., etc.

IMPROVEMENTS FOR THE SEVENTH VOLUME. At the opening of a SEVENTH VOLUME, it is well to state, that there are many great and important improvements now in course of preparation, which must add greatly to the interest and value of the Review, some of which this number will evidence.

1. Regular monthly Summaries of American Commerce will be prepared by one of the ablest writers upon such subjects in the Union.

2. A similar European Correspondence is secured, and publications will be made.

3. No pains has been spared to obtain the pens of the ablest American writers for the work.

4. A series of papers will be published, beginning with the present number, and extending through one or two years, from the pen of the editor and other collaborators upon

I. SUGAR.
II. COTTON AND COTTON MANUFACTURES.
III. StatistiCS AND RESOURCES OF THE GREAT West.

IV. Political Economy, COMMERCE AND Statistics. A regular series will also be published upon Silk, Wool, Hemp, and similar subjects of agriculture and manufactures. The first of the series having appeared in our May Number upon Silk, being an elaborate and valuable paper, full even to details, from an able and practical pen, aided by all the statistics of the Patent office, and illustrated with numerous wood-cuts. This Treatise is invaluable.

5. A Department of American MERCANTILE BIOGRAPHY will be embraced, of leading characters taken from the Merchant CLASSES in every section of the Union, embellished with STEEL ENGRAVIXGs, a feature first introduced by us in this country. These, in addition to the engravings we have already published, and wood-cuts, greatly increase the expense of publication. Maps, etc., will, if possible, be introduced.

6. The typographical execution of the work, paper, binding, etc., will be of the most superior order, not excelled by that of any other publication. 7. The work will be enlarged, and will contain

Monthly, from 112 to 128 Pages, in Close Type, and annually be embraced within

TWO HANDSOME VOLUMES OF SIX HUNDRED PAGES EACH. This is an increase of size equal to one-third over previous numbers and volumes.

8. The work will be issued regularly on the first of each month, and furnished to subscribers without delay, and in the most secure manner; great improvements having taken place in the arrangement of our office.

The subscription price will be unchanged, but the greatest promptness in pay. ments will be required from subscribers. We beg each of them to make use of this paper in acting as our friendly agent to increase the circulation. We would be glad to present our work without charge, for one year, to any one who would procure three permanent subscribers, and forward us the money in advance. . We have kept our promises in the past, as the Commercial Review will evince, and shall keep them in future.

TO VOLUME VI. OF COMMERCIAL REVIEW.

FROM JULY 1848, TO JANUARY 1849.

PAGE.

107

110

114

ARTICLES.
South American States :- Historical Progress of South America ; Spanish

Colonial Policy; Declaration of Independence; Reports of U. S. Commis-
sioners upon South America; Mr. Poinsett's views; South and North
American Character contrasted; Araucania ; Argentine Republic: Boli-
via, Brazil, Chili, Colombia, Ecuador, Granada, Venezuela, Paraguay,
Peru, Uruguay, Patagonia, &c. By the EDITOR.
The Sugar Cane; McCulloh's Report on the Sugar Cane to U. S. Govern-
ment, Reviewed. By M. AVEQUIN, N. Orleans, .

sion. . Printing and Printers. By Edwin HERIOTT, Charleston,

: Production of Rice in Louisiana, By R. WILKINSON, Louisiana, .. Central America: Antiquities, Ruins of Copan, Quirigua, Palenque, Gua

temala, &c.. By the EDITOR, . United States' Public Lands :-Organization and History of the Land Office;

value of Lands sold; Lands granted to States and Territories; Cost of Lands; Area of the Land States and lands remaining; Pre-emption rights; War Bounties ; Mineral Lands, &c. By STEPHEN F. MILLER, Esq, N. Orleans, . . . .

. The American Indians,

.

. .
Natchitoches and N. W. Region of Louisiana. By W.F. C. CLAIRBORNE,

Esq., N. Orleans,
A Professorship of Commerce. Editor :
Sugar Manufacture-Plants, their mode of growth and development; proxi.
mate vegetable principles; non-azotized; azotized; catalyssis; salts. By

Dr. EVANS, London, .
The Cotton Trade:-advances of the cotton trade and manufacture; home
and foreign supplies; stocks; demands; prospects of coming crops ; prices,

&c. By J. B. GRIBBLE, Esq, N. Orleans, . . Improved Husbandry, Implements, &c. .

. . Cane Sugar :-its Physical and Chemical properties; action of re-agents; molasses, treacle; anatomy and physiology of the cane; composition of cane juice; changes produced by re-agents; alterations produced during

life of plant. By Dr. Evans, London, : British America :-Extent of; progress of liberalism in; destinies; Upper

and Lower Canada, New Brunswick, Nova Scotia, Newfoundland, New

Britain. By STEPHEN F. MILLER, New Orleans, ..
Vine Culture at South. By J. Noyez of Mississippi,
California, New Mexico, and the Passage between the Atlantic and Pacific

Oceans; Maury's Letter to Mr. Calhoun; Fremont's Report; San Fran.

cisco, &c, By EDITOR, Money of Commerce:--progress of private credit; banking in New Orleans ;

development of trade; accumulation of specie; supply of specie, inter-
change of products; demand for capital ; value of money; Bank of Eng.
land; finances of France; paper projects; banking system of New York,
of Ohio; injurious effects of financial legislation. By THOMAS P. KETTELL,

New York. . : :
Sugar Manufacture :-extraction of juice from cane; sugar-mill; quantity

of juice obtained; hydraulic press; slicing and drying of canes Michiels'
process; results obtained by mill increased by care and attention;
five-roller mills; four-roller mills; economy in the employment of
megass as fuel ; motive powers applied to sugar-mill; defective cane
juice; its imperfections, filtrations. By Dr. Evans, London,

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