Nor is this all the difference, large as it is, in favour of colonial over foreign trade, with respect to the employment of shipping. For it may be taken for granted that, in fact, so far as the amount of tonnage, repeated voyages not included, the colonial does actually employ a much larger quantity relatively than foreign trade. It may be fairly assumed that, on the average, the shipping in foreign trade make one and a half voyages outwards—that is, outwards and inwards together, three voyages in the year; for, upon a rough estimate, it would appear that not one-tenth of this shipping was occupied in mercantile enterprise beyond the limits of that narrower circle before assigned, ad within which repeated voyages of twice and thrice in the year, and frequently more often, are not practicable only but habitually performed. Taking one-tenth as representing the one voyage and return in the year of the more distant traffic, and one and a half outward sailings for the other nine tenths of tonnage, we arrive at the approximative fact, that the foreign trade does in reality employ no more (repeated voyages allowed for as before stated) than the aggregate tonnage of 1,258,000, instead of the 1,797,000 gross tonnage as apparent. Applying the same rule, we find that the long or one year’s colonial voyage traffic is equal to something less than two-ninths of the whole tonnage employed in the colonial trade, and that, assuming one and a half voyages per annum for the remainder trafficking with the colonies nearer home, the result will be, that the colonial traffic absorbs an aggregate of 1,113,000 actual tonnage, exclusive of repeated voyages of the same shipping. Here, for the satisfaction of colonial maligners, like Mr Cobden, we place the shipping results for foreign and colonial traffic respectively.