ar, 608,581
Through Portugal, 540,000
Through Leghorn, Genoa, &c. &c. 500,000
----------
Total, L.3,014,826

An extravagant writer, of the name of Pebrer, carried the estimate up to
L5,850,000. Senor Inclan, more moderate, still valued the import and
consumption at L2,720,000. A "Cadiz merchant," with another anonymous
writer of practical authority, calculated the amount, with more
sagacity, at L2,000,000 and L2,110,000 respectively. Senor Marliani is,
moreover, of opinion--considering the weight of tobacco, from six to
eight millions of pounds, assumed to be imported into Gibraltar for
illicit entrance into Spain, on the authority of Mr Porter, but the
words and work not expressly quoted; the tobacco, dressed skins, corn,
flour, &c. from France, with the illegal import of cottons--that the
whole contraband trade carried on in Spain cannot amount to less than
the enormous mass of one thousand millions of reals, or say _ten
millions_ sterling a-year. Conceding to the full the millions of pounds
of tobacco here registered as smuggled from Gibraltar, of which,
notwithstanding, we cannot stumble upon the official trace for half the
quantity, we must, after due reflection, withhold our assent wholly to
this very wide, if not wild, assumption of our Spanish friend. We are
inclined, on no slight grounds, to come to the conclusion, that the
amount of contraband trade really carried on is here surcharged by not
far short of one-half; that it cannot in any case exceed six millions
sterling--certainly still a bulk of illegitimate values sufficiently
monstrous, and almost incredible. We shall proceed to deal conclusively,
however, with that special branch of the traffic for which the materials
are most accessible and irrecusable, and the verification of truth
therefore scarcely left to the chances of speculation.

First, for the rectification for exact, or official, quantities and
values, we give the returns of the total exports of cotton manufactures,
taken from the tables of the Board of Trade:--

1840. Cotton manufactures, L.17,567,310
Yarns, 7,101,308

And for 1840 here are the exports to the countries specified:--

Declared Value.
1840. Cottons to Portugal, yards 37,002,209 L.681,7