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    The Comedy of Protection

    X.—: English and Belgian Systems.

    George Hamilton

    1 min

    I would have the Belgian Commercial Survey imitated by all other nations. It appears about June 15th. At the beginning are preliminary observations indicating the system according to which amount and prices have been estimated. Allowance made for the difference between gross and net value, the movement of currency assessed, and goods classified which have been temporarily admitted. A resumé is given of the total trade of Belgium with foreign countries since 1831; and a table showing the machinery and plant of the country, illustrated by graphs and diagrams. On the same page you can see imports and exports, specific and general trade, transit, quantity and value, and the measure of value employed. But what is the advantage of retaining the French system with its double columns for general trade? The English plan of giving the total of exports and distinguishing re-exports from exports of home goods is infinitely preferable. The Belgian figures are given as follows:—

    As Pouyer-Quertier said, “If a friend comes into my house, and then goes out, that makes two, so when a ton comes in, and then goes out, that makes two tons.” According to the English method the table should stand:—