St. Louis the Commercial Centre of North America [pp. 308-320]

Debow's review, Agricultural, commercial, industrial progress and resources. / Volume 4, Issue 4

SAINT LOUIS. keeping gold on deposit at New Orleans, prefer to pay the duties on their foreign goods at the Port of Entry. An excessive and unnecessary delay at the New Orleans Custom IHouse recently, subjected one of our merchants to a loss of $8 a ton on a shipment of iron. Last season, another of our importers ordered a large stock of Christmas goods. The articles reached New Orleans in season, but were detained there till after the holidays. They must now be kept, with loss and deterioration, for another year; and before next Christmas they may become comparatively worthless by changes of mode and new directions of public taste. These examples illustrate the importance of time in commercial transactions. The Government could easily obviate all the difficulties which our importers now experience by making St. Louis a Port of Elntry. The commercial embarrassments of the present system need immediate removal. In the event of the proposed change, frauds upon the Government could be prevented by reshipping the goods at New Orleans under the eye of the Custom House authorities, keeping them during the voyage under lock and key; and, if necessary, subjecting them on the passage to the surveillance of a revenue officer. During the rebellion, the shipments of merchandise to Southern ports were placed under similar supervision. The satisfactory operation of this system, amid all the liabilities to abuse which exist in times of civil turbulence, warrants the conviction that the proposed plan would, in a period of peace, prove eminently successful. If Congress respects commercial rights, St. Louis will soon become a Port of Entry. Froinm the records of the United States Assessor, it appears that in 1865 the sales of 612 St. Louis firms amounted to $140,688,856. For the same year, the imports of this city reached an aggregate of $23o,873,875. The manufactures of St. Louis constitute an important element in our commercial transactions. In 1860, the capital invested in manufactures, was $9,205,205, and the value of the product was $2 I,772,323. In 1866, the muills of this city made 820,000 barrels of flour. In 1865, our receipts of grain, including flour, were 17,657,250 bushels. 1866,'... 2(),855,280 1865, exports " 13,427,000 " 1866,. 18,680,500 " St. Louis, though the eighth city in the United States in population, ranks as seventh in the importance of its manufactures. MissourIi might profitably imitate the activity of its metropolis. The extent of our social and commercial intercourse with the rest of the world may be inferred from the postal statistics of this department. In 1865, the number of letters which passed through 311

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St. Louis the Commercial Centre of North America [pp. 308-320]
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Waterhouse, Sylvester
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Page 311
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Debow's review, Agricultural, commercial, industrial progress and resources. / Volume 4, Issue 4

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