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 circdtous trade between the United State and different parts of the British dominions.

 Tie first point, after having been, for a lon, time, ,strenuously insisted upon by Great Bri tain, was given up by the act of Parliament O July, 1895; all vessels suffered to trade witt the colonies being permitted to clear iron 1thence with any articles which British vessel' might export; and proceed to any part of the world, Great Britain and her dependencie! alone excepted. On our part, each of the above points had, in succession, been expli- citly abandoned in negotiations preceding that lof whith the result is now announced.

 1 This arrangement secures to the United Estates every advantage asked by them, and (which the state of the negotiation allowed us to insist upon. The trade will be placed up- on footing decidedly more favorable to this country than any on which it ever stood; and our commerce and navigation will enjoy, in the colonial ports of Great Britain, every pri- lsllege allowed fo other nations.

 sthe prosperity Of the county, sa fa' as it dene1lds on this trade will he greatly | promoted by the new arrangement, there can I be no doubt. Independently of the more ob- vious advantages of an open and direct inter- course, it's establishment will be attended with other consequences of higher value. That lThich has been carried on since the mutual lnterdict under all the expense and inconve- nience nnas cdably incident to 1t, would have been nsupportably onerous, had it not been, in a great degree, frightened by concerted eva sions in the mode of making the transhipments at what are called the neutral ports. These indirections are inconsistent with the dignity of nations that have so many motives, not only to cherish feelings of mutual friendship, but to maintain such relations as will stimulate their respective citizens and subjects to efforts of li rect, open, and honorable competition only ; and preserve them from the influence of se- ductive and vtiating circumstances.

 When your preliminary interpretation was asked at the close of the last session, a copy of the instructions under which MT McLane has acted, together with the communications which had at that time passed between him and the British Government, was laid before you. Although there has not been any thing in the acts of the two Governments which re quires secrecy, it was thought most proper, in the then state of the negotiation, to make that communication a confidential one. So soon, however, as the evidence of execution on the part of Great Britain is received, the whole matter shall be slaid before you, when | it will be seen that the apprehension which appears to have suggested one of the provi-

 

 that the restoration of the trade in question might be connected with other subjects, and was sought to be obtained at the sacrifice of the public interests in other particulars, was wholly unfounded; and that the change which has taken place in the views of the British Government has been induced by considera- tions as honorable to both parties as, l trust, the result will prove beneficial.

 | This desirable result was, it will be seen, greatly promoted by the liberal and con6dirg provisions of the act of Congress of the last session, by which our ports were, upon the reception and annunciation by the President of the required assurance on the part of Great Britain, forthwith opened to her vessels, be- fore the arrangement could be carried into ef- feet on her part; pursuing in this act of pros pective legislation, similar course to that a. dopted by Great Britain, inabolishing, by her act of Parliament, in 1895, a restriction then existing, and permitting our vessels to clear from the colonies, on their return voyages, for any foreign country whatever, before Bri- tish vessels had been relieved from the re- striction imposed by our law, of returning di- rectly from the United States to the colonies La restriction which she required and eX- pected that we should abolish. Upon each occasion, a limited and temporary advantage has been given to the opposite party, but all advantage of no importance in comparison with the restoration of mutual confidence and good feelings, and the ultimate establishment of the trade upon fair principles.

 Itgives me unfeigned pleasure to assure you that this negotiation has been, throughout, characterised by the most frank and friendly spirit on the part of Great Britain, and con cluded in manner strongly indicative of a sin cere desire to cultivate the best relations with the U. States. To reciprocate this disposition to the fullest extent of my ability, is duty which shall deem it a privilege to discf arge. Although the result is, itself, the best com mentary on the services rendered to his coun- try by our Minister at the court of St. James, it would be doing violence tony feelings were l to dismiss the subject without expressing the very high sense l entertain of the talent and exerton which have been displayed by him on the occasion.

 The injury to the commerce of the United States resulting from the exclusion of cur ves- sells from the Black Sea, and the previous foot ing of mere sufferance upon even the limited trade enjoyed by us with Turkey has hitherto been placed, have, fer long time, been a source cf much solicitude to ths Government; and several endeavors have been made to ob- tain better state of things. Sensible of the Importance of the object, felt it my duty to leave no proper means unemployed to acquire for our flag the same privileges that are en- lJoyed by the principal powers of Europe.- Commissioners were, consequently, appoint \ ed, to open negotiation with the Sublime Porte. Not long after the member of the commission who went directly from the Uni lted States had sailed, the account of the trea- lty of Adrianople, by which one of the objects Nm view was supposed to be secured, reached fhis country. The Black sea was understood