Democratic Sentinel, Volume 2, Number 38, Rensselaer, Jasper County, 1 November 1878 — Foreign Commerce of Mexico. [ARTICLE]

Foreign Commerce of Mexico.

By a recent mail from Mexico later advices have been received relating to the foreign commerce of that country. According to data furnished by the Mexican Treasury Department, the total export from Mexico during the fiscal year ending June 30, 1877, was $28,764,756, and the total amount of duties received on imports was $0,429,951. No statement of imports into Mexico for that year has yet been made by the Mexican authorities. As tho average rate of duties on imports under the existing Mexican tariff has been officially stated as 43 per cent., with about $3,500,000 entering free of duty, the total foreign imports into Mexico from all countries during the last year are therefore estimated, from the amount of duties collected, to have been about $21,900,000, the statements that have recently been made in this country that foreign imports into Mexico amount to $75,000,000 per annum prove to be very wild exaggerations. It is not probable that the total foreign commerce of that country, both imports and exports, and including the contraband trade, now exceeds about $65,000,000 per annum.— Washington telegram.