THE HONGKONG GOVERNMENT GAZETTE, 24 DECEMBER, 1904.

Notwithstanding the great increase here indicated with regna to British Imports and Exports, it must be borne in mind that fow countries have yet comprehensively adopted a liberal commercial policy, and that, consequently, the measures in that direction, which have already been for some years fully applied by Great Britain, cannot be said to enjoy the conditions necessary to the completo development of the system.

The tonnage of British and Foreign vessels which entered and cleared in the United Kingdom with cargoes, in the years 1812, 1853, and 1863, respectively, was:-

465

Navigation.

British, Foreign,

Total,.

1842.

1953.

1863.

Tons.

Tous.

5,415,821

1,980,983

9,001,705 6,316,456

Toms. 15.263,047

7,782,118

7,846,804

15,881,161

23,025,163

The coasting tonnage of the United Kingdom has likewise increased greatly, notwithstanding the severe competition of the Inland Railway Carrying Trade, as is shown by the accompanying tigures of the tonnage of British and Foreign vessels engaged with cargoes, in tlie coasting traile of the United Kingdom:-

British, Foreign,

Wals

Total,.

1842.

Tous. 10.785,450

None.

10,785,450

1853.

1963.

Tous. 12,820.745

Noue.

12,820,743

Tous. 17,405,035 31,597

17,547,602

Cousting trade.

The tonnage of vessels built and registered in the United Kingdom in the years 1842, 1853, and 1862, Vessels built, &c.

Sailing Vessels,.

Steam Vessels,

1812.

1953.

1802.

Fons.

Tons.

Tons.

116.213

13,716

129,929

154,956 40,215

203,171

161,061

77,339

211,399

In addition to the above, the following amount of foreign tonnage was registered in the United Kingdom :-

1842.

Tons Noue.

1853.

Zhns. 30.073

1802.

Tous. 74,629

The total registered tonnage of the United Kingdom (exclusive of the Channel Islands and Isle of Man) Registered tonage. was in the same years:-

1842, 1853. 1862,

Tons.

2.990.519.

3.969,138. 1,800,191.

The revenue produced by the Customs has been well sustained, notwithstanding the great reductions Customs' Revenue. effected in our Tariff since 1842. In that year almost every article imported was liable to a Customs duty, and the list of Tariff denominations amounted to many hundreds, whilst at prosent about twelve leading articles alone are taxed on importation.

The gross Customs' revenue amounted in the following years to:

1812,

1853,

1800-64,

£22,771,315.

22.500,443.

23,232,000.

During the same interval the excess of reduction of Customs duties above the amount imposed was :--

1848-58, 1854-63,

£10,168,749. 4,458,166.

Thus during the whole interval the Customs duties have been reduced by 14,624,0157, whilst the revenue produced, instead of being diminished, exhibits an actual increase of 400,6×57.

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