It is, in the
meantime, satisfactory to know that apart from the inconveniences
resulting from a disturbance of the usual channels of trade no loss has
been sustained by the commerce, the navigation, or the revenue of the
United States, and none of magnitude is to be apprehended from this
existing state of mutual interdict.
With the other maritime and commercial nations of Europe our intercourse
continues with little variation. Since the cessation by the convention
of 24th June, 1822, of all discriminating duties upon the vessels of the
United States and of France in either country our trade with that nation
has increased and is increasing. A disposition on the part of France has
been manifested to renew that negotiation, and in acceding to the
proposal we have expressed the wish that it might be extended to other
subjects upon which a good understanding between the parties would be
beneficial to the interests of both. The origin of the political
relations between the United States and France is coeval with the first
years of our independence.
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