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 In considering this subject we will suppose the commencement of the canal somewhere near the out-let of Lake Erie. The inducements for preferring one market to another, involve a variety of considerations; the principal are the cheapness and facility of transportation, and the goodness of the market. If a cultivator or manufacturer can convey his commodities with the same ease and expedition to New-York, and obtain higher price for them than at Montreal or New-Orleans, and at the same time supply himself at a cheaper rate with such articles as he may want in return, he will undoubtedly prefer New-York. It ought also to be distinctly understood, that a difference in price may be equalized by a difference in the expense of conveyance, and that the vicinity of the market is at all times a consideration of great importance.

From Buffalo, at or near the supposed commencement of the canal, it is 450 miles to the city of New-York, and from that city to the ocean, 20 miles. From Buffalo to Montreal 350 miles; from Montreal to the Chops of the St Lawrence 450. From Buffalo to New Orleans by the great Lakes,