Trade at Sackets Harbor. - Of all the lake ports, the statistics of the trade of Sackets Harbor present the singular result of a rapid decline in the value of imports and exports during the last few years. Her coastwise exports in 1847 amounted to $841,478 and in 1851 to $303,258. The total value of lake trade of Sackets Harbor was $2,735,091, which sunk in 1851 to $879,165, and we imagine much lower in 1852.
In publishing these results, Mr. Andrews accounts for the loss Sackets Harbor has sustained in her commerce in a very amusing way, upon natural principles and laws which govern the courses of trade. he comes to the conclusion "that Ogdensburg and Oswego have attacked Sackets Harbor, and diverted from it a portion of its coastwise traffic."
Formerly the products of the rich agricultural county of Jefferson formed the entire export of Sackets Harbor, and went to market through the Oswego canal. The merchandise consumed by the county passed through the same channel, and formed the principal lake imports at Sackets harbor. Since the construction of the Cape Vincent Railroad, connecting with the Central line and the Erie canal at Rome, the whole trade of Jefferson county has taken that direction, which is lost both ways, no less to Oswego than to Sackets Harbor. While the diversion of the trade by the railroad has nearly annihilated the commerce of Sackets Harbor, its loss to Oswego is not perceptible in our figures, except in the articles of butter and cheese, owing to the magnitude and increase in our aggregate trade.