800,000
------------
Total mercantile profit, L.3,125,000

The quantities colonial would range thus:--

Colonial trade profit, long voyage, of 20 per cent
on L.8,820,000 L.1,764,000
Colonial trade profit, short voyage, of 7-1/2 per cent
on L.7,180,000 538,000
------------
Total colonial profit, L.2,302,000

Truth, like time, is a great leveller--a fact of which no living man has
had proof and reproof administered to him more frequently and severely
that Mr Cobden himself. As culprits, however, harden in heart with each
repetition of crime, until from petty larceny, the initiating offence,
they ascend unscrupulously to the perpetration of felony without benefit
of clergy; so he, with effrontery only the more deeply burnt in, and
conscience the more callous from each conviction, will still lie on, so
long as lungs are left, and vulgar listeners can be found in the scum of
town populations. How grandiloquent was Mr Cobden with his "_new_ facts,"
brand new, as he solemnly assured the House of Commons, which was not
convulsed with irrepressible derision on the announcement! How swelled he,
"big with the fate" of corn and colony, as the mighty secret burst from
his labouring breast, "that the whole amount of their trade in 1840 was,
exports, L.51,000,000; out of that L.16,000,000 was (were) exported to the
colonies, including the East Indies; but not one-third went to the
colonies. Take away L.6,000,000 of the export trade that went to the East
Indies, and they had L.10,000,000 of exports," &c. Oh! rare Cocker; 10 not
the third of 16; "take away" one leg and there will only be the other to
stand upon. Cut off, in like manner, the twenty-one millions of exports to
Europe, and what becomes of the foreign trade? "An eye for an eye, and a
tooth for a tooth," is the old _lex talionis_, and we have no objection to
part with a limb on our side on the reciprocal condition that he shall be
amputated of another. We engage to wage air battle with him on the stumps
which are left, he with his fourteen millions of foreign against our ten
millions of colonial trade, like two _razees_ of first and second rates
cut down. Before next he adventures into conflict