text:  Can we wonder that with such a tariff legitimate imports are of so small account and that the smuggler intervenes to redress the enormously disproportionate balance and administer to the wants of the community? Can we wonder that the powers of native production should be so bound down and territorial revenue so comparatively diminutive when exchanges are so hampered by fiscal and protective rapacity? Canga Arguelles the first Spanish financier and statistician of his day calculated the territorial revenue of Spain at 8 572 220 592 reals say in sterling L