p.2 New York - The Seaport Town of Upper Canada - at a meeting held in Toronto by the Board of Trade, it is suggested that the import and export trade be conducted through New York instead of down the St. Lawrence to Montreal and Quebec. (2 1/2 columns)
p.3 Incorporation of Kingston (cont'd) - .... Mr. Counter observed that much could be done for Kingston by proper exertion and enterprise. Every schooner that carried staves down the river left £7 each trip either at Cape Vincent or French Creek. Our neighbors were all alive and making their fortunes, while Kingston was going to sleep. We should endeavour to keep the business within ourselves, and we could easily do so if we chose, for Kingston harbour was well adapted for the landing, rafting and forwarding of staves. A Joint Stock Company, created for the purpose of forwarding this article of commerce to Montreal and Quebec would, most assuredly, not only be productive of profit to the Shareholders, but have the effect of benefitting the town generally. A sum of £2000 would be all that would be required for carrying the improvements necessary for this work into effect, which at £5 shares he had no doubt would be soon taken up. By this means we would bring to Kingston a trade that would be worth from £20,000 to £30,000 annually, and might with ease be carried into effect this Spring. Most of the Schooners that carried staves were American property and built with British capital, for it was a notorious fact, that all the Staves sent to the Lower Province were manufactured on the British side of the Lake. The Bakers, Butchers, Grocers, Provision Merchants etc., of Kingston would find a considerable improvement in their different businesses by the ingress of at least 250 men into the town every trip of the aggregate number of schooners and rafts employed in this trade.
Garden Island was considered, by the best judges, as a place for rafting staves far superior to either Cape Vincent or French Creek. Vessels could round to there with both safety and ease. He had learned from the very best authority that the stave manufacturers on the upper part of the lake would much rather forward their property by the way of Kingston than by any other port, it affording superior advantages in every respect. The Rideau Canal Company being one of them, which offering inducements in the way of freight, would alone place Kingston as a shipping port above all others.
Contracts had absolutely been entered into for the improvements, and the business would certainly be undertaken whether the present meeting encouraged it or not, by a limited number of shareholders of a private company. If however the Company was made a public one, the advantages would be greatly increased.
Mr. Counter here exhibited a plan of the undertaking, with a space for the names of persons taking shares - a number of which we observed were immediately taken up. The meeting then adjourned to this day.