The following further e: it-cacts from do-cements bearing on the Train sit Dues question, which has been so such discussed lately, will aid our readers "te form a judgment regarding the meaning; of the Treaty. (Extract from Despatch by Lord Elgin to Lord Malmesbury, enclosi.ag text of Tient= sin Treaty.) Tuy 12th, 1858, "The principal commer ial advantages conceded to British subjee hi by the Chinese Government in this Treaty/-, are the opening fo trade of certain por among which I would specify that of RIV /ew-chwang in the north, and those which a:/~ opened by it in the Yang-tze river, Form/esa and Hainan, as the most important: permission to British subjects to travel in the country for purposes of trade, wider a system of passports; and thesettlenaent of the vexed question of the transit dulties.
"This last-mentioned Jeubject presented considerable difficulty. [&.s duties of octroi are levied universally in }China, on native as well as foreign provi jets, and as canals and roads are kept up; at the expense of the Government, i seemed to be unreasonable to require fohat articles, when ther of foreign or nati're production, by the simple process of pat ring into the hands of foreigners, should lJecome entitled to the use of roads and canals toll-free; and should, moreover, be relieved altogether from charges to which fley would be liable if the property of natives.
"On the other hawd, experience had taught us the inconvenience of leaving the amount of duties payable under the head of transit-duties, altogether undetermined. By requiring the rates jof transit-duty to be published at each port, and by acquiring for the British subject the right to commute the said duties for a payment of 24 per cent. on the valu} of his goods (or ier, to speak mbre|correctly, for the payment of a specific duty calculated at that rate), I hope that Ihave provided for the Jatter as effectual a) guarantee against undue exactions on this head as can be obtained without an entire subversion of the financial system of China."
(Extract from Despatch by Lord Elgin, transmitting Tarif of Duties ud Rules of Trade.)
Text read from the printed page and cleaned; old type leaves the occasional error.