COMMERCIAL REVIEW.

Nelson Examiner and New Zealand Chronicle, Volume II, Issue 75, 12 August 1843, Page 300

COMMERCIAL REVIEW.

The marked inactivity of our maritime commerce, shewn most forcibly in the few and irregular arrivals from England, and the cessation of all speculative transactions by the colonial shipping interests, -is the ( nM>st prominent feature in -our present comnKS&a! tep^et We do not coincide with fhfctiy wkotegatfd tffits Beeming hiatus in our maritime relation* aft subject-matter for gloomy contemplation; ofofthe^ contrary," we look at it as a healthy jrfoof of the tendency of out' exports aad imports Co adjust themselves- to each other.- Decreased trading and depression dre by no- means synonymous, and in attributing the late decrease in our Imports to the mutually regulating power of exports and imports over on* another,- we stee every reason for gratulation on the part of the colonists. An excess of foreign supply beyond the demirid has hitherto been tMe. chief error of our ftnttort trade, arid'its present tiadericjr to* proper attdisound-acljasfment.felJicelfto^ftjve tfce course oft^ rented prosperity.- - Thfet-the ttoney.marKet renWins 1 duff, and that eoinmem*l tr tfnsaetions art s sfebitely'circumscribed,y 'circumscribed, are eVfls which we know must- be productive of disastrous consequences to many ; yet we c«n, nevertheless, "distinctly trace symptoms of returning confideace : and we firmly rely on the good faita ind^ommetcial spirit of our' merchants' to obviate mtny of the mischievous influences wftieh individuolfembarrassment may otherwise inflict upon ns for ft "sensor*. The "latest advices from England' whien' bear upon tire prices of our grekt staple export, wool,' and to which we refer elsewhere-, are so favourable that from them alone ma^be gathered much which winch must tend to restore ctibn'denceS ftnd dissipate t&e overhanging clduife 6f despondency. ~ Sydney ptipj&i . ■ ' _ _ ,-..-'