Suaxanat has searcely the same interest in the trade of Sau Francisco, as have the Southern ports of China and those of Japan, Indeed, so far from increasing our connection with that port, statistics
as for the last few years been diminish to prove that the value of our trade ing rather than otherwise. Still, placed rapport as we ure with the Golden State, we are disposed to offer her our congrngulations on the very successful year she has passed through. We can do this with all the more sincerity that our own experience of the year has been different and that although, in such circumstances, we might' be credited with the possession of envy, hatred, malice, and uncharitableness, we are the more prepared to look with hope for the future, and from the success of our neighbour (shall we call it?) across the Pacific, to draw a good augury for our own eventual success. The Commercial Herald and Market Review of 14th of January, with praiseworthy diligence, gives'a full and lucid review of the trade of the past year. San Francisco has so magnificent a tort tory behind it, and is so admirably situated, that it is no wonder the commerce of the port is increasing at such a rate that it bids fair ere long to rival the great sen-ports of the Atlantic. At present, as. producing district, California is making rapid strides. Its wheat market has long been celebrated, and annually increases, as the means of communication with the interior are perfected. Unlike China, the Government of the State fully appreciates the condition of affairs, 8° that, if the concessions made to railways seem magnificent, they are in reality more than repaying the State in the flood of prosperity on which it seems. to have entered. Wool is likewise an important staple; the value of the year's export amounting to no Jess than eight million dollars. Wine is becoming an article of importance in the export trade; California wines to the value of $400,000 having been exported by sea during the year, exclusive of large amounts sent overland. The only fear seems to that the Californians, in their anxiety make their State yield every neo2sstry
Text read from the printed page and cleaned; old type leaves the occasional error.