text: 565 800 We shall assume that _one-fourth_ only of the cottons exported to Portugal find their way fraudulently into Spain--say 176 290 Say re-exports of cottons from Genoa to Gibraltar assumed to be for Spain as per official return of that port for 1839 31 400 Cotton goods direct to Spain from the United Kingdom 11 150 --------- Total value of British cottons which could find their way into Spain direct and indirect in 1840 L