The Sun.
London, England, 1836-10-21 00:00:00

equivalent sum ; so that a postage or two, and the interest
of the sum for a few days, will be all that will be required
to effect a transaction that could not otherwise be accom-
plished except at a great risk, after a long delay, and at a
thousand times the expense."

The beneficial effects which would result from sti-
mulating industry in India, by the judicious application
of capital to the development of her almost incalculable
natural resources, are stated without any attempt at
exaggeration. Indeed no such attempt was necessary.
The language of sober truth is all that is required to
place the subject in a point of view that cannot fail to
strike the most superficial thinker :

" It has been calculated, it is believed on good grounds,
that from 1,200,000 to 1,500,000 of the people of Britain
are directly dependent on it for employment and subsist-
ence. It is, however, a fact, that the foundations of this
great manufacture, any shock to which would be fatal to our
prosperity, are laid in foreign countries. The annual imports
of cotton wool into Great Britain amount at present to
about 330,000,0001b5., of which about 270,000,000 are
brought from the United States, and from 20,000,000 to
30,000,000 from Brazil. It is impossible to reflect on this
state of things without entertaining the most serious appre-
hensions as to the result of any misunderstanding between
this country and the United States. Commerce, no doubt,
is reciprocal ; and the Americans are quite as much in-
debted to us for buying their cotton as we are to them
for selling it. But were the two countries to go to war,
or should the Americans, to injure us, pass a Non-inter-
course Act, or merely prohibit all exportation of cotton
for twelve or even six months, the consequences would be
of the most alarming description. We hope and believe that
this is a danger not very likely to occur : but the fact that

- -
it may occur is not a very agreeable one, and should lead
us to explore and cultivate the other channels whence sup-
plies of cotton may be brought, so that we may be less de-
pendent on any one. We are convinced, however, that
the resources of India have only to be developed to bring
her successfully into competition with the United States as
a cotton-growing country. The capacities of India are, in
this respect, illimitable. She has a boundless extent of land
suitable to the culture of cotton, and a surplus of cheap
labour. All that she requires is skill and capital ; and
these will be supplied, the former by the influx of adven-
turers from England, and the latter through the agency of
the Bank of India, in drawing forth the capital of the coun-
try, and in assisting it with the capital of England.
" It is not, however, in the cotton culture only that

India must infalliably attain to the highest eminence, if as-
sisted by the science and the capital of this country. Every
one who looks into the instructive volume of papers pub-
lished a few years ago by the East India Company on the
culture of sugar in India, must be satisfied that she has
every natural aptitude for excelling in that department ;
and that her want of success in it is entirely ascribable to
the rude and defective construction of the implements em-
ployed, and the poverty of the natives, by whom the busi-
ness has been hitherto exclusively carried on. The same
may be said of the culture of silk, pepper, rice, and so
forth. No country in the world has greater capacities of
production than India. That they have not been more
fully developed has been wholly owing to accidental causes
—to the insecurity of property, the consequent disincli-
nation to vest capital in any industrious undertaking, and
the want of skill. Various joint-stock companies have, in
fact, been already projected for the purpose of undertaking
the culture of sugar, silk, &c. ; but, if not abandoned, they
have been at least deferred, because of the want, in most
parts of India, of any secure place of deposit for their ca
pital it could be brought into employment. Luckily, how-
ever, the insecurity formerly so prevalent has disappeared ;
the authority of the law is everywhere respected ; and,
now that the Bank of India is about to open safe and ad-
vantageous places of deposit for the savings of the natives, and
to distribute them again, augmented by large sums brought
from England to deserving individuals,whether natives or Eu-
ropean adventhrers, engaged in industrious enterprises, it
is surely not too much to say that a new era has commenced
for India ; and that the fair presumption is, that her vast,
and hitherto unexplored, resources are at length about to
be made fully available for the enriching of her own citi-
zens, and those with whom they are politically and commer-
cially connected."

THE MARKETS-(THIS DAY).

CORN EXCHANGE.

There have been good arrivals of Wheat, Barley, and Flour
this week, but not many Oats. The quantities reported this
week, being chiefly sold, the show of samples to-day was not
considerable. The Wheat trade is firm, and rather higher
prices have again been obtained. Barley maintains the terms
of Monday. Beans and Pease are unaltered. Oats are again
rather dearer. In the Flour trade there have been moderate
transactions at the late prices.

ARRIVALS.
Wheat. Barley. Oats. Flour,
English
Irish - - 3,210 -
Foreign [69o 10 t 980 -

D MARKET
e, and the sale was dull at little
)ted:—

I. TO SINK THE OFFAL.",.

s. d. to s d.
Inferior Sheep 2 4 2 6
Second quality ditto 2 8 3 0
Coarse-woolled ditto 3 4 310
Southdown Wethers 4 0 4 4
Large Hogs 3 2 3 8
Small Porkers .... 4 4 4 8
Quarter old Pig (each) 12 0 20 0
.ERK'S STATEMENT.

I Calves. Pigs
I 220 335

DENHALL MARKETS.
)y the Carcass.

2 4 Mutton, inferior
210 middling
3 4 --- prime
3 6 Pork, large
4 6 -small

a d. to s d.
22 2 6
210 2 2
P. 3 4 3 E
..3 4 4 0
..4 4 4 8