Trade Of The Pacific

A new world of eommerce is opening in ihe Pacific. The time will come when there will be as profitable a trade between the Polynesian Islands and the empire to be founded in California and Oregon, as now exists belvveen the Atlantic coast of this country and the West Indies. The Pohnesian, a paper printed at Honolulú, Sandwich Islands, says, that Dr. Maxwell and Mr. Miller. two of the officers of the United States ship Cayne, have leased of Government one hundred acres of the best land at Hilo, on moderate terms, for fifty years, for the purpose of establishing a cofTee plantation. And the same paper has the following paragraph respecting California and Oregon. "California and Oregon are fast rilling up vvith enteprising settlers. Already they afford a market for more than we can raise, and at such prices as will not fail to excite competition from other countries. The demand thus created for the products of the Islands will continue to ncreuse ; and, unless we bestir ourselves, some other country will reap the benefit of the markets now open to us. No fears need be entertained ihat the products will increase so rapidly as to overstock the market. Prices must fa II, in order to enable us to compete with other countries. At the exorbitant prices coffee has commanded for the last íew months, it can be imported from Manilla at a good profit; but, with proper management, we see no reason wliy it cannot be raised here at prices which will enable us to complete with any other country." What a visión of the Future this paragraph opens !