It may be fairly assumed, therefore, that to the extent of L.100,000 of Spanish products, consisting, besides the foregoing, of wines, skins, pig-lead, &c., &c., is brought here through Gibraltar, which, added to the amount of the imports from Spain direct, will sum up the account thus:—­

Imports from Spain direct, L.1,732,000
Via Gibraltar, 100,000
                           -----------
               Total, L.1,832,000

Exports to Spain
  direct, L.554,000
Via Gibraltar, 727,900
                ---------
                           L.1,281,900
                           -----------
Excess in favour of Spain,
  and against England, L.550,100

—­A sum nearly equal to the amount of the exports to Spain direct.  As we remarked before, these figures and valuations, which are sufficiently approximative of accuracy for any useful purpose, will take public men and economists, both here and in Spain, by surprise.  Amongst other of the more distinguished men of the Peninsula, Senor Marliani, enlightened statesman, and well studied in the facts of detail and the philosophy of commercial legislation as he undoubtedly is, does not appear to have exactly suspected the existence of evidence leading to such results.

From the incompleteness of the Spanish returns of foreign trade, it is unfortunately not possible to test the complete accuracy of those given here by collation.  The returns before us, and they are the only ones yet undertaken in Spain, and in order, embrace in detail nine only of the principal ports:—­

For Cadiz, Malaga, Carthagena, St
  Sebastian, Bilboa, Santander,
  Gijon, Corunna, and the Balearic
  Isles, the total imports and exports
  united are stated to have amounted,
  in 1840, to about L.6,147,280

Employing 5782 vessels
  of the aggregate tonnage
  of 584,287

Of the foreign trade of other ports
  and provinces no returns are made
  out.  All known of the important
  seaport of Barcelona was, that its
  foreign trade in the same year occupied
  1,645 vessels of 173,790
  tonnage.  The special aggregate
  exports from the nine ports cited to
  the United Kingdom—­the separate
  commodities composing which, as
  of imports, are given with exactness
  of detail—­are stated for 1840
  in value at L.1,476,000

To which add, of raisins
  alone, from Valencia,
  about 184,000 cwts,
  (other exports not given,)
  value 185,000

Exports from Almeria,           13,000
---------
L.1,674,000

Although these are the principal ports of Spain, yet they are not the only ports open to foreign trade, although, comparatively, the proportion of foreign traffic shared by the others would be much less considerable.  It is remarkable, under the circumstances, how closely these Spanish returns of exports to Great Britain approach to our own valuations of the total imports from Spain direct, as calculated from market prices upon the quantities alone rendered in the tables of the Board of Trade.