That of the United States,) the trade as at
present existing is really but in its infancy, and that the future may
be expected to develop an increase equally as great as that of the
past.
"'A change in the conditions under which a reciprocal commerce of such
magnitude is carried on, and is now developing, ought not, therefore,
to be made without the most serious consideration.
"'As regards the present treaty, the Commission, as the result of their
investigations, have been led to the conclusion that its continuance,
under existing circumstances, unless accompanied with certain important
modifications, is not desirable on the part of the United States.
"'They, however, are also unanimous in the opinion, that, in view of
the close geographical connection of the United States with the British
Provinces - rendering them in many respects but one country - and of the
magnitude of the commercial relations existing between them, it would
be impolitic and to the detriment of the interests of the United States
to decline the consideration of all propositions looking to the re-
establishment of some future and satisfactory international commercial
arrangement. Such a course would be in entire opposition to the spirit
of the age, the liberality of our people, and the policy of rapidly
developing our resources as a means of diminishing the burden of our
public debt.