The Proposed Reciprocity Treaty

New York, Juno 5. - The Tri&unit Washington correspondent gives au outline of the prcposed recipi ocitv treaty betwoen this country and Canada. The propositions, which have been submiUed to the Senate, are understood to be substantially as folio ws : Fint' - The abaiidonment on the part of Great Britain and of Canada of all claim for compensation o account of the concessions of the United States by tbe Treaty of Washington of the privilege of he "inshore tisheiies." (Mcond - The tree admission :ind Lnterchange of uil natural producís of the l'uited Rtates and the British Provinceá. Vkird - The reciprocally free arimis.sion of the mauufaetured products of tlu' two countries, specifioally enumerated. Fourth- The Weiland and St. Lawrence Canal to be built by the Dominion. Fif'th - The Caughnawuga Canal to be built by the Dominion. Sisth - American and Canadian built veseels may carry cargoes and paasengers from any port on the Great Lakes and the Kiver St. Lawrence to any other such port. Scventh - All canals on eitherside of the boundary to be open, under the same conditims, to the citizens of the two eountries. Kighth - Lake Michigan to be open to Canadians, as the Ut. Luwrence bas been to Americana. Ninth - Canadiaus niay purchase American vessels and register tuem as Camidiaui and Americaus may purchase and register Canadian-built vessels in like in;tn ner. Tentli - A joint Commission to regulat the navigation of St. Clair Lake and Jiiv er. Eletenth - A joint Comruission for tb propaga tion of fish. Twelf'th - A joint Commission for the regulation and maintenance of lighthouses. l'liirteenth-A. joint Commission forregulating the interchange of tratiic at custom.bouses on the line. Fourteentli - The treaty to continue in force for twenty-oue years. The treaty, as has been already stated, has been laid before the tëenate by the President for theii advice and consideration, and according to the advice whioh the Senate may give will depend further action in the way of negotiation and tho settlement of details. If the íáenate reports favorably, the treaty will be at once perfected and sent back tor ratification.