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effectual remontrance against it, it being certainly open to them to af ford a monopoly to their own wares in their own markets, if they shall be so disposed; and with that jealousy common to all lesser states, and which more or less exists even here with reference to us, particularly in commercial concerns, I should fear that any direct remonstrance on our part in an event of this kind would have the effect of confirming the adoption and accelerating rather than retarding the execution of measures of this sort.

But a matter of much more consequence than the opening or closing of the Netherland markets to our commodities appears to me to be eventually involved in this, and to be directlyconnected with the consideration of the new finance system of this country, and that' is the transit trade (by the ri vers passing through the Netherlands) as referable to us and to other nations.

Your Lordship has already been made acquainted with'the principe had down in thé law of the i2th July last, that a prohibition shall be laid upon the passage of all such?f6t*eign goods in transit as shall or may be prohibited from the marketsof the Netherlands.

A proposal has lately (i8th December 1821) been made by the king to the Second Chambre, in executiqn of the new finance system, entitled „Projet de loi concernant la réception des droits d'entrée, de sortie et de transit, et du droit de tonnage des navires de mer".

This project comprises all.theregulationsforthe custom-house under the new system; it is divided intoaa chapters and 242 articles.

In the chapter upon transit the above principle is again affirmed and acted upon. Tb understand how> the adoption of this principle would particularly affect our trade and manufactures, we must wait till the tariff of duties and prohibitions, which I have already said is still undecided, shall be made known.

Under the old law (still in force till the detail of the new system shall be completed bythe legislature) the foreign articles prohibited from iaaportation inwards were fejw, though some of them of material importance, if this prohibition from import should be extended to prevent their transit whichj except in three apparently immaterial instancesyihas not been the case.

These articles thus prohibited from importation inwards under the law now still in operation, are:

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