text:  The annual average exports to the whole of Europe were _less in value by nearly twenty per cent_ on an average of five years from 1832 to 1836 _than they were during the five years that followed the close of the war;_ and it affords strong evidence of the unsatisfactory footing on which our trading regulations with Europe are established that our exports to the United States of America which with their population of 12 000 000 (in 1837 ) are situated 3000 miles from us across the Atlantic have amounted to more than half the sum of our shipments to the whole of Europe with a population fifteen times as great as that of the United States of America and with an abundance of productions suited to our wants which they are naturally desirous of exchanging for the produce of our mines and looms