MERCHANTS' MAGAZINE.
Established July, 1839, by Freeman Hunt.
II. MERCANTILE BIOGRAPHY-LIEUT. GENERAL SIR WILLIAM PEPPERRELL,
BARONET. By G. A. WARD, Esq., of New York
III. COMMERCIAL AND INDUSTRIAL CITIES OF THE UNITED STATES-No. LV.
BOSTON, MASSACHUSETTS. First Settlement-Area of Peninsular-First Occu-
pant-First Venture by Sea-Population and Valuation-Increase of Population-l'esti-
lence-Difficulties Encountered-Progress of Population-Proportion of Foreigners-
Compared with New York-Valuation in 1638-Extension of Trade-Effect of War-
Return of Peace - Freights-Impulse to Trade-Revulsion in 1836-Bankrupt Law—
Gold influence-Rapid Increase in Trade-Manufactures, 1845 and 1855-Aggregate
Manufacture-Savings Banks-Banks of Boston-Capital and Dividends-Priva e Bank-
ing Capital-Commerce and Bank Loans-Decrease of Bank Facilities-Board of Trade. 41
IV. THE ADMEASUREMENT OF SHIPPING, No. 1.
Tounage should be founded on the broad grounds of Utility-Public Wants and Govern-
The Basis of a Just System-
ment Requirements-Both Internal and External Admeasurement demanded - Induce-
ments to evade Tonnage and slight the construction of Vessels under partial Rules -The
material qualities of Vessels should not be prejudiced by Admeasurement - Thickness
of the Shells of Vessels-Ratio of shells to Internal Capacity-some ships built for Bur-
den and others for Stowage - Disproportion of timber in the Hulls of sharp and full
Vessels-Advantages given to Thin-sided Vessels by External Measurement-Advanta-
ges given by Internal Measurement to certain classes of Thick-sided Vessels-Unequal
Advantages given to Steam and Sailing Vessels by partial Tonnage-More Dead-weight
Cargoes carried in this Country than in England - The true way to deal with Ship Ton-
nage-External, Internal, Shell, and Mean Tonnage-Great Britain's Internal System
recommended for adoption - A similar External System proposed to be used in con-
junction-Folly of making the Rules too simple-A new branch of Surveyorship in the
Customs-What England has done--An International System--Epitome of English Rule
--Its application for External Tonnage-Exemption of Engine-room from Admeasure-
ment--An evil affecting American Commerce. By W. W. BATES, Esq., Naval Architect,
of New York....
V. DEBTS AND FINANCES OF THE STATES OF THE UNION: WITH REFER-
EN E TO THEIR GENERAL CONDITION AND PROSPERITY.
WISCONSIN. Tract of Country--Latitude--Boundary--Surface of Country--Rivers--
Portage Canal-Lake Shore--First Settlement--Territory--Erected into a State--Grant
No. XII.
of Lands--Area--Distribution of Lands--Annual Sales--School Lands--Population and
Valuation--Revenues and Expenses--Products of the State-Value--Comparative Pro-
duets--Railroads--Land Grants-Corruption--County Loans--Law of Foreclosure--
Banking Law--Banks-Security for Circulation--Hard Currency Advised, etc....
JOURNAL OF MERCANTILE LAW.
Admiralty--Damages to Cargo--Deposition--Stowage..
Bottomry Bond, Laches-Right of Sheriff to Intervene.
Lien-upplies-Meaning of the Word Port-State Law..
EMBRACING A FINANCIAL AND COMMERCIAL REVIEW OF THE UNITED STATES, ETC., ILLUS.
TRATED WITH TABLES.ETC. AS FOLLOWS: