The Sun.
London, England, 1867-10-31 00:00:00

THE SUN, LONDOLS THU IfSDAY EVENING, c CTOBE It 31, 1867.

MIL MAC DONALD'S 2:EIV NOVEL.
Just ready, hi 3 vo!s.:
, GUILD Co. aR T.
By GEOittl h; MAC 110. N ALD,
Author ot " A lee Foi bes,' 40.
Hurst and Bla,7kett, 13, Gre It Marlborough-street.

Now ready at all the Libraries, in 3 vole.,
QECOND EDITION of OLD SIR DOUGLAS.
► By the lion. MRS. IN oirrom.

TmEs.—"There Is a grrat deal w3rlll readlnf.; In these
volumes. The lucideuts are powerfully and piettresquely
told."

A THEN2EtIM.—" A th .rou'llily readable and a holesome
work, that will satisfy the expectations of Mrs. Norton's
many admirers."
PALL MALT. (i.AZETTE.—" A grace!ul and tonalit up; story•
Gertrude is a beautitul diameter, admiri,bly drawn."
POST.—" The st ,ry of .` 0!d Sir Douoaa ' is ckarly and
consistently worked out, with an enchaining' interest."
llurst and Blacken, 13, Great Marlborough-street.

On Nov. 5, In 2 vols., deftly Sva.,

HISTORICAL CHARACTERS: Talleyrand—
Mackintosh Cobbett —Canning.
By the Rt. Hon. Sir II KNRY LYTTON BUL WER, G.C.B.
Richard Bentley, Publisher in Ordinary to her Majesty..

•
IMmediately, in 3 vole , deiny Svo.,THE
MISCELLAIgEOUS PROSE WORKS
OF EDWARD. BULWER, LORD LY CTON, .nova
first col.ected, inc!uding Charles Lamb -The Wienot Terror
—Gray—Goldsmith—nu and Fox—Sir Thomas Browne—
Schiller, ct
•Richard Bentley, rub:ll;4ler in ordinary to her Majesty:

Sixth Hundroth

TTAMILTON'S PIANOFORTE TUTOR. 4s.
-LI- BARBARA WALTZ and lIELENA 'WALTZ.

.FRED. GonritEY. Unprecedentedly pOpUlar; The fa-
vourite dances of the season. Fpr piano, oach 45.; free
roaCli for 25 Statnp.-;; for quadrillo each 3s. • f ee--ea-ch
`for g 0 ttamp.
lIE IVC9gEr.JA'S *NEW-. SONG, TILE .TWO
BOATS. A song that would adorn an Opera. 3s. ; freo
by post for 19 stamps.
BRIGHT STAR OF EVE ARISE: Sung by Miss
JULIA ELTON. "Always roceivod with unbounded en-
thusiasm. Tho song of the Season." •
May be bad of any musicsollor, or of • Robert COClii'alid
Co., Now Burlington-street, on forwarflii* 19 AtatiiiiS.'
' ' ' •

Just Publishe 1, price Is. 6.1.. by post Is. Bd.. the Se and .ICdl-
lion, with Addenda, containinz additional Falfa and Cal&
in it ustration of the nefarious pro.Tediwza of the Albier-
tising Qu..oks.
REVELATIONS OF 'QUACKS AND
QUAcKERY. By DETEC.DOLL Reprintca front

thel"kedical Cireul.tr." 4 . • -
-Loudon: If. B tliiere, 219, Rement-street.
The numerous reviews of. -his st kr! lin ? work by theSatui-
day Heview, Pun-'h, Weekly Despatch, Public ()pinion; and
other journals, recommending it uniyirsal peruia.,, are re
printed with this e Mien. ;

TIIIL OFFICJAIviRETU 11,N.*
• BY, THE
SEVERAL SEWING "3IACHINE COMPANIVS,
Ifor.the Year ending June..lo4i, 1867, show'
FORTY-THREE THOUSAND' AND FIFTY-

THREE Sold by
THE " SINGER" MANUFACTURING
COMPANY

Being 4,998 mora than Sold by any _other Manufacturer.

Prospectuses and Samples. of • Work sent Pest. Free.
Agents iu 'every Town.
Chief' Office in the United King,l.-nu :
147, CIIEAPSIDE, LONDON, E.C.
District Agencies :
11, NEWINGTON BUTTS, S.E.
39, RING'S-ROAD, CHELSEA,' S.W., '
• H. Cocks, Agent. •
1, BISHOP'S-ROAD, PADDINGTON, W.,
Gansr.N and Co., Agents.
93, UPPER-STREET, ISLINGTON, N., •
J. MILLARD,. Agerlt.

BR-E E C H-L O-A'D E R S.-
The FINEST ASSORTMENT in LONDON,
from which purchaiers may select the best systems and
superior workman+hip, at m Aerate prices.
Direct-action central-fire Breech-Riaders, the prTfection
of this excellent prineiple. possess, great shooting powers,
faePity of loading, and durability.
Cartridges, loading instruments, belts, pouches, and every
useful novel y.
E. M. REILLY AND CO.,
NEW OXFORD-STREET, ALSO NEAR REGENT-CIRCUS.

TEETH.—Mr. WARD, S.M.D., IgB, Oxford-
street. respectfully intilna'es that over 20 years' prac-
tical experience enables him to insts:t Alt fIFICIA I, '
'E'EN:III, without the least pain, on the In-et improved ant
scientific principles. wh ,reby a correct at ticalatton, perfect
mastication, and a firm attachment to the urstiLli i 4 insured,
defyin detectiop, without any Injurious or unsightly wires.
.&r 411 W. asyle.4.. oaf 1 rtlrn CS ,
on platinised silver, 7s. 6 I. ; complete set, £6 ; on ',lulus,
les.; complete set, £9; on gold from as. ; complete set from
£l2. Filling, ss. Old sets refitted or allowed for, Practic tl
dentist to the profession many years. Testimonials undeni-
able. Consultation free.

IVOTHING IMPOSSIBLE.—The greatest and
LI most naefulinvention of the day, AQUA. A MARELL A.
filessrs. JOHN GOSNELL and CO., Red Bull Wharf, 93,
Upper Thames-street, Perfumers to her Majesty, respect-
fully offer to the publics this truly marvellous field, which
gradually restores toe human hair to its pristine hue—no
matter at what age. The Ages Amarella has none of tLe
properties of dyes ; it, on the contrary. is benefloial to the
system, and when the hair is once restored one application
per month will keep it in perfect colour. Price one guinea per
bottle, or in half bottles, 10s. 61. Testimonials from artistes
of the highest order, and from Individuals of undoubted re-
spectability, may be seen on application. Messrs. John
Gcsnell and Co. have been appointed Perfumers to her Royal
Highness the Princess of Wales.

HELP for the DESTITUTE SIC K.—
METROPOLITAN FRET HOSPITAL. Devon-
shire-square, City. Instituted for the immediate gratuitous
Relief of the Slot Poor of every Nation and Creed, without
letters of recommend ition. FUNDS are urgently needed to
maintain its efficiency.
BANKERS—Messrs. Barnett, Hoares. and Co.. 82, Lombard-
street. JNO. GURNEY FRY, Chairman.
(}IE O. CitOXTON, Secretary.

HEALTH RESTORED WITHOUT MEDICINE 011
EXPENSE.

DU BARRY'S delicate health-restoring Inva-
lids and Infanta' Food,

THE REVALENTA. ARA.BICA

saves fifty times its cost in other remedies. and restores per-
fect digestion, strong nerves, sound lungs, healthy liver, re-
freshing sleep, functional regularity, and energy, to the
most disordered or enfeebled,—removing speedi.y and effec-
tually indi ostion dyspepsia), cough, asthma, consumption.
habitual constipation, diarrhoea, all ens trio derangements,
haemorrhoids, liver complaints, flatulency, nervousness,
biliousness, levers, so e throats, diphtheria, catarrhs, colds,
influenza, noises in the head and ears, rheumatism, gout,
Impurities, eruptio .a, hysteric, neuralela, irritability, sleep-
lessness. acidity, palpitation. heartburn, headache, debility,
dropsy, cramps, spasms. nausea and sickness even in preg-
nancy or at sea, sinking fits, bronchitis, scrofula. tightness
of the chest, pains at the pit of the stomach and be-
tween the shoulders. It is the most digestible and nourish-
ing of all foods. and suitable for invalids and infants in all
complaints.
IMPORTANT CAUTION,—Beware of the many unsavoury
and more than sloppy imitations to which, without autho-
rity, Baron Liebig s n tme is most audaciously attached.
Henceforh no one will doubt the valu.ble properties of
Du Berry's health-restoring Revalenta Arabice
and Infants' Food, since t the thous Ind of blessings it has
sire dy received from invalids whose position had been
deemed hope'ess. we may now add that of his Ho iness the
Pope, whose health has been perfectly restored by it after
thirty 's ears of unsuccessful medical treatment We quote
f -n the Gazette du Midi July 25th (Cu -e No. 68,4i3): -
"Rome, July 21st, 1835 -The heal hof thz. Holy Father is
excellent, especially since, abandoning all other remedies
he has confined himself entirely t) Du Barry's Revalenta
Arabica Food, of which lie c.insumes a p•ateful at every meal.
I. has produced a surprisingly beneficial effect on his hea th,
and His Holiness caun t praise this excellent food too
highly."
Cure No. 58,216, of the Marchionrss de Brdhan, of f• even
years' 1 ver complaint, wasting away, debility, nervousness,
irritability. with a nervous palpitivion. all over, bad diges-
tion constant sleeplessness, and the most intolerable nervous
agitation
Cure No. 7', of dyspepsia, from the Rtght Hon. the Lord
Stuart de Decies, Lord Lieutenant of the County of Water-
ford :—" I have de-ived much benefit from your excellent
Food. —STUART DE DECIES. Dromana, Cappoquin, County
Waterford."
Cure No. 40,831.—0 f fifty years' Indescribab7e arrony from
dyspeptia, nervousness, asthma, cough, constipation, flatu-
lency, spasms, siokness, and vomiting. Maria Joly,ot Lynn,
Norfolk.
Cure No. 47,121.—Mi5s Elizabeth Jacobs, of extreme
nervousness, indigestion, gatherings. low spirits, acd
nervous fancies.
Cure No. 56,414.—Mr. Samuel Laxton, Leicester, of two
years' diarrhoea.
The Fool is sold in Canisters, at Is. • /cl. ; 11b.. 2s. Od. ;
21b., 4s. 64. ; 121 b., 225. ; 211 b., 40s. The 121 b. and 241 b canis-
ters, carriage-free on receipt of Post-Offloe Order, by
BARRY DU BARRY and Co., 77, Regent-street, London ;
also at Fortnum and Mason s and soldty all respectable
Grocers and Chemists .

~.
tOii.N Goe. :. .
~..,t,
L.E., and CO.'S CHERRY
, p TOO l'n l'As . itsgnottAy empe:lor to aby tooth
,orrice: tarps the '
._,i.fr a pt.arl Whireni?as, protetts Orr
batr.l from tteoay,4o,l Imparts a blemala tragrareie to
he brotth. erhe 1,10641 —Red bull 11 hart. ir3, Upper
rharue,i,,treet. Lorutriti,':f

WA/II:T.1(8Eu R.r'Sscai."-
LAG', Part., 1867. (moo' rum £l5 153., silver from £6 63.-
69, (.;,;rtihil,, and •i 33, I ,dent-street.
ISruAL CPA. S E IdVity.l.;ClldoEnS
TORN JA MF N and SONS' celebrated
DUBLIN. WIII Y, in butts. hhds., and quarter-
&leaks, at. 16s per gad duty paid, and Is. in bond, 11 O.P.
Old.coguac brandy, w es, &c . it less than the producer's
riees. Advances on •lock warrants, &cPubLic houses
transferred. .P. B. II , Printing ll•mse-Lquare, late Exit.
mining Officer of her I apst y's customs.
a)1
—l. Itl.
1 i'.
-I-
al o
1
ie
‘, f
, •
-it-
.
I
~.
a° -
''!.. t ,
• •
° -.
r. 1
....
.4 ' e? (;.s

HOUSES and APAR
or Sold), BUS.
I)ROPERTY, F.
D. T. HU3IPHI
a.l descriptions of
for outlay. Houses on
Humphries can at all ti
tiims of businesus. ...f
transkrr.:d. Apply, D.
tug House-square.

y IVERPO 0 L;
PIIILADELPfr
INMAN LINE.—Ca;
The Cornpa.ny'
as under

ENl`5 WANrED. and to be LICT
:SSES for DISPOSAL,

,EEIOLD or LEASEHOLD.
ES has continual applications for
itT Y which will pay good interest
d repair not objected to. T. D
A find customers for all desctip-
Reis, public lions s, tte , sold and
!. Humphries, Estate Agent, Print-

NEW YORK, AND
STEAMSHIP COM PAN Y.—
ig the Unitod States Mails.
-ered Steamers will be despatched

)6L TO NEW YORK.

IC Woduesday, 30th Oct.
'.l] Wednesday, Gth Nov.
Saturday, 9th Nov.
nesday and Saturday. •
ail Steamers sailing every Wod
aleas, according to the accom

FROM LIV
CITY OF NEW,,
CITY OF BALTX:
ETNA • ;
Aud every..
Cabin Passage by t"
bniaidai,' 15, 17, and.'
• FOrward Pft.s.lap;ri a full supply of cooked pro-
-
PaSSClrreni. for Canadlt anal tho trilited,SatiisVaN
through on very advantriteous terms.
For further partitmlars apply to WILLIAM INMAN,
22, Water-Vreet, Liverp4l; or to EIVES anOtA.OEY,
61, King:lVAlittni7streot, London.
=

OAIPAGNIE GENERALE TRANS-
)W-
40:1`1QUA 8, Place Vendome, Paris.'
NEW* YORK VIA HAVRE AND BREST.
The undermentioned Steamers sail every 14 (Initis.
follows cy •
Frotn.,k4ilVßE-10th and 24th October, 7th. antda,lit
Noveingitsth and 19th December, 1867: ' .14,4"''
From 43111MT-26th October, 9th and 23d Novembbr,.
7th and 21st I)ecember, 1867.
NAPOLEON 111. Paidlo 1,20
VILLE. PARIS... ... Screw ... i,octo,f„
PEREIRE ••• do. 1,009 „
S'I'.'LAURENT ... do. 1,006%,,V
EUROP_t •
•RATES OF PASSAGE.
... Paddle 9JO, „
Havrebillrest to Now York, Ist Class • £33 -4) 0
so
17 0
3d Class l4 6 0
Lotdonl STRINGER, PEIIBRORE; and On.,

.44; "

8, Insii4fria

,
WESP INDIES AND THE GUI2-t" OF.
MEXICO.
THE CO3IPAGNIE GENERALE TRANSAT,
' • .LANTIQUE. -
• Tho,next Stea.mer will sail on the 16th November :for
St. Thomas, Havana, and Vera Cruz, with brapcb lines
from licilnks, to Guadeloupe, Martinique, Porto 'Rico,
Cape llsyLi, fiantiago, and Jamaica ; also from Vora; Cruz
,to Tampico, Alatiunorfis, and New Orleans. For freight
of giiods and,rates of passage, and other particulars, apply
to STRINGER, PEMBROKE, and CO., .
. . • 8, Austinfriars, E.C.
Letters addressed via St. Nazaire, and posted in;Londbu
will be sent by the above line.. .

APAN, -BONG KONG, SIIANGITAE,' AND
- • PACIFIC PORTS, VIA PANAMA. -- • •
THE'COVAdNIE -GENERALE TRANSATLAN-
.TICALOvnaar PO4TAL•CONTRACT with the,PRENCH
GOVERNMENT.
Tho' iieYe Steamer -will sail on the Bth of November
from 'St. :".11-o,aia for Martinique, Santa Martha, Colon,
Japan. and: ,Ohina, "Aspinwall, INthinuS. of Panama, La
Guayra, Vorto'Cabajlot Guadeloupe, Trinidad, Demerara,
Surinam; Caye.nue, fig., Callao, Valparaiso, San Jose, and
San Francisco:- Poi-rale offreight of goods and Of paSsage;
and utherinformatidu, apply to.

.sTiartGER, PEILBROKE, and CO , _
8, Austinfriais, E.C.
•

QTEAM TO NEW YORK --UNITED
ki STATES MAIL LlNE.—Tire magnificent steamers
of the New York and Havre Steamship Company will
leave Havre and. Falmouth with Passengers and Mails'
once a fortnight as under :
These Ships any unequalled for their passenger accom-
modation, and the excellence of their cuisine. •
Arago : .-FriiinJavxa.,.. • . From Falmouth,
--
Fulton Nov. 27 Nov. 28
2' Dec. 26

Arago . 'LO
Through fares from London, £23 55., £l9 155., and £l6
los. First-class.

For further particulars apply to James A. Wotton, Havre ;
Lherbette, Kane, and Co., Paris ; G. C. and It. W. Fox
and Co., Falmouth; or,
11. STARR and CO., 145, Cheapsido, Loudon.

"ANCHOR" LINE OF TRANSATLANTIC STEAM-
PACKET-SHIPS FROM
GLNSGOW and LONDONDERRY to NEW
YORK
Sailing regularly (unless prevented by unforeseen
circumstances),
FROM GLASGOW EVERY FRIDAY.
FROM LONDONDERRY EVERY SATURDAY.
Passengers booked at Through Rates to all parts of the
United States, Canada, Nova Scotia, and New Brunswick.
Saloon Cabin, Eleven, Thirteen, and Fifteen Guineas
(according to accommodation and situation of Berths).
Intermediate, Seven Guineas. Steerato Fare as low as
by any other First-class Line. For further particulars,
apply to lIANDYSIDE and lIENDERSON,
23, Foyle-street, Londonderry ; or
61, Union-street, Glasgow.

TEAM TO NEW YORK DIRECT.—
KJ AMERICAN FLAG.—The undermentioned first-
class paddlewheel AMERICAN STEAMSHIPS (lato
Collins' lino) will leavo Southampton for NEW YORK
direct, carrying the United States mails, viz.:—
Steamer. To Sail.

BALTIC
Wednesday, Nov. 6.
ATLANTIC Wednesday, N0v.20.
These magnificent steamers are well known for their
regularity, and for their unsurpassed regulations for the
comfort, convenience, and safety of the travelling public.
Faros:—First-class, £2O and £18; second-class, £l4 and
£l2.

For freight or passage apply to the General Agents,
J. STUART DAY, and Co Docks, Southampton ; or to
CHARLES GUMM, 19, Change-alley, Cornhill, London.
West-end Office at WOLFF, Puthurs, and Co., 77, Regent-
street, W.

STEAM TO NEW YORK.—
GUION and CO. intend despatching their first-class,
full-powered SCREW STEAMSHIPS from Liverpool, as
follows:

NEBRASKA Wednesday November 6.
MANHATTAN,
MINNESOTA, Tuesday, November 26.
Calling at Queenstown the following day.
Cabin passage 15 guineas and 18 guineas, according to
accommodation. Steerage passage at reduced rates. Ap-
ply to
Gurox and Co„ 11, Rumford-street, Liverpool.
J. M. CURRIE, 7, Rue Scribe, Paris.
A. S. PETRIE and Co., 11, Old Broad-street, London.

SAUCE.—LEA and P ERRINS'
WO R CESTERSH IRE SAUCE.
This deliciou4 condiment, rionounced by omnoisseurs
"TIM ONLY GOOD SAUCE,"
Is prepared solely by LEA and PERRINS.
The public are respectfully cautioned against worthless
imitations, and should see that Lea and rerrins' names are
on wrapper, label, bottle, and stopper.
ASK for LEA and PER RINS' SAUCE.
Sold wholesale and for export by the Proprietors, Wor-
cester; Messrs. Crosse and Blackwell; Messrs. Barclay and
Sons, London, &c. dm; and by Grocers and Oilmen uni-
versally.

"DOWELL'S BALSA, OF ANISEED,
A. for COUGHS, COLDS, ASTHMA, BRONCHITIS,
Sore Throat, Difficulty ni Breathing, and all similar affec-
tions of the Respiratory Organs.
Sold by Clwrnists and Me.iicine Vendors throughout the
World. In B )tties only, price Is. lid., 2s. 3d., and lls. each.
Eetablithxd nearly half a Century.
SATISFACTORY LETTER.

-5, Wood-street, Millbank, Westminster,
October 5, 1867.
Sin,—Some months back I had an attack of Bronchitis,
which left at times a lieklinir in the Throat, with other un -
plea. ant f. clings I was advised tl try the BALSAM or
ANISEED; I did so. and have found very great relief ; it is
most comforting, in allaying the irritation, and giving
strength to the voice.
You are at liberty to m ke use of this as you think proper,
and I earnestly hope that others may benetit by it as I have
done. With many th inks from yo•i" obedient Fervant,
SA,ITUEL DEA It,
l'ean's Verger, Westminster Abbey.
To Mr. Po eel'.
Ask fnr vOWELT,'S BALSA Al of ANISEED.

MURDER IN DUNDEE.—A murder, or what will
probably prove to b., marked by the most painful cir-
cumstances, was committed on Sunday morning in Dundee.
Alexander Bisset, a mason, who for some time back has
shown symptoms of insanity, stole out of bed on Sunday
morning, procured an axe, and so ruthlessly wounded his
older sister that her life is despaired of. The murderer
then quitted the house, intending to go, as he afterwards
alleged, to the Police-office or to the Lunatic Asylum, and
he surrendered himself with the remark, "I have mur-
dered my sister, and I want to be hanged."

COTTON

-~-

ITS HISFORY AI;D PROSPECTS
(From the Round Tobte.)

IVOri is b no weans dependent upon the
tinited States for its supply of c aeon. This wriA
thuniantly proved during the late Nvar, as w I will
pr,-sently show ; while, with rogard to the no,arla:
belief that India cannot compete with 113 in attality.
it is nevertheless the fact that the culture is improv-
ing. The writer saw in Liverpool in June last
Surat cottons which were of excellent staple, well
ginned, and free from leaf or dirt, and which
sold at a price only Id. to id. per pound
below our middling uplands. Cotton is not
king ; that dignity belongs to corn ; and it is
probable that had the leaders of public opi-
nion in the South before the war but guessed
how greatly the growth of cotton would be stimu-
lated in other countries as a consequence of our
fratricidal quarrel they would have hesitated before
firing upon Fort Sumter. The report of the British
Commissioners of Customs for 1866 states that out
of 11,000,000 cwts. of cotton (112 lbs.) imported
into England in 1861 more than 7,000,000 cwts.
came froln the United States. la 1866 the figures
were almost precisely reversed, this country yielding
to England in that year but about 4,500,000 cwts.,
and other countries more than • 7,000,000 cwts.
It must be conceded, however, that the capa-
bilities of this country for cotton-growing arc
roe i yip cter d -the opinion
has 2leetinTput upon record, by- sagacious judges
tllSt 'iii less thnn ten years our cotton pro-
.- • -
crifia`.6%-ai,ill"-ba doubled. It is,, however, in
ourighlipn;prernaturc to accept snoir:a conclusion.
It *ill probalily be Many years ,tieforKiree labour
cai le made as. prod,ultive in the cultivation of cot-
s `isrwasthe. slave system, to say nothing of the
fact ,tliat about one4hird of the labour which existed
.I)forgthb to be lost to the So.tith ;
itadditioiCtO other causes, the women being kept
frßliiwtote !Kea.' and the children at school must
larifelt,declease the available labour. On the other
hapdrAt4„: very difficult as yet to estimate what
effeet,„,,upt9n the growth of cotton may result
from atel.emaucipation of so large a class as that of
t ~L' poor whites of the South from the contempt in
,whiN thirw;ere'formerly held. In 1860, out of a
pdpirlatiod• of iwelve millions in the Southern Stales,
eight.) w.luttv.u.ri d four black, 'there were less than
four, htipdred thousand who were slaveholders, and
'of, this number .no fewer than seventy-six thousand
ownedut one slave each. It is not probable that
the reoidne of the adult male white population raised
mliclitcbtfon, and it is but reasonable to suppose
thit delabOur of this class in cotton culture will
herelitkr-,he sensibly felt, although we know
that:24bef Southern gentlemen assert that the
white Mancaunot work in a cotton-field and live.
Thezty.tha,t„in order .to. make cotton, the most
cOriscle4otis labour is required in almost every
nierltlMii. the iTar. After the plant is above tfte
grOuhcctildlaxtirer, black or white, must be in 'the.
field'ibefOrd, sunrise, wet to the waist, with 7hib
clothes permitted to dry upon him as they mayEand‘
his lab Our is notended until nightfall. It is urged that
whitemenicanuot.work thus. The experience of
the n4tfe;i„ye- ars will doubtless decide the matter
in the inlantime; -coolie labour is hoped for. As the
Maier litantieliti present, with a tax which is
almost proftibippyrand which any man of business
can aPBtkiWt.geCcotiies out of the producer and
nettl4a cor.stier;:
,the planter hesitates between
Cottonand .corn. A writer in the New
arkcins.:#eekli ,Ci.escent recently states that
General Pillow will"this year make 200,000 bushels
of corn,7whlthit May "very reasonably be supposed
will pay him 'a' better profit than an ordinary crop
of.cotton. .The, corn crop will, this year bp very
,Strth Well as in the "%Wit.— For
s.ane time past Southerners have imported their
corn at high prices, but this is ended now, at any
rate until 1869. NegrOes prefer corn to cotton
growing, and, while they are earning wages which
but few field labourers in the world get save them-
selves, whether white, black, copper coloured, or
otherwise, they should be taught to economise ; for
it is certain that the negro will have to lower his
pretensions, in a marked degree, when Liverpool re-
fuses to give us more than Gd. for our cotton. Ile
now gets fifteen dollars a month, with shelter and
food, besides perquisites. An English agricultural
field labourer has to be content with about the same
pay, out of which he -must clothe, feed, and house
his family, with the additional disadvantage, as
compared with the negro, that he dreads that which
the latter never fears, i. e., starvation. We are
aware that the bulk of the testimony which was
taken before the United States Commission in
respect to cotton as a source of internal revenue
is against the position which we assume concern-
ing the tax ; but the evidence came almost ex-
clusively from New England spinners, who
favoured a large tax, coupled with a drawback
upon the manufactured article when exported.
As the law now stands—that is, since the first
instant-2I cents per pound are levied upon the
planter, who cannot remove his cotton from the
district where it is grown until the tax is paid ; and
the same amount of drawback is allowed upon the
weight of the manufactured goods when exported ;
but it is our belief that were the tax upon the raw
material 10 cents instead of 2i, it would merely
serve to stimulate its production in other countries,
as Great Britain will buy the bulk of •her cotton
in the cheapest markets irrespective of the cost
of raising it. Manchester establishes the price
of the article for the world, and Englishmen
are the most extensive dealers in cotton for
other purposes than the mere supply of their
own spinning wants, as may be conclusively shown
by reference to the statistics of the cotton exports
from Great Britain during the past year, 186 G,
which were as follows, viz. :

American 208,015 bales.
Brazilian ... ... 111,685 „
Egyptian, Sm.— 31,337 „
East India and China„. 782,528 „

Total

1,136,565 bales.
Equal to 323,752,917 pounds.

At the present moment her supply is so great
in port and afloat, namely, on 30th ultimo amount-
ing to 793,560 bales in the ports and 470,000
bales (almost all East India cotton) afloat, the
price of middling upland American has fallen
to 9} pence in Liverpool and in New York
to 25 cents currency. The latter price would yield
to the planter in Georgia not more than 18 cents per
pound, after the tax and all charges are paid ; and
as it is probable that with the present prospect of
this year's crop prices will by the ensuing spring
decline so much that planters will not realise more
than 15 cents, the tax would, in such an event, be
equivalent to more than 16 per cent. upon his capi-
tal and labour, which we submit is unreasonable
and unjust, and we claim that he alone pays this
tax, for the reason that he would get just as much
for his cotton were there no internal revenue tax
upon it as he now gets with the oppressive impost
which he has to pay.

With regard to this year's crop, notwithstanding
unfavourable reports from various sections of the
South, it is thought that, with a favourable season
from this time until frost, the production of 18G7
will not be far from 2,500,000 bales, costing to raise
about fifteen cents per pound currency. If Eng-
land will pay us a profit upon double that quantity,
it will unquestionably be grown. At present
India cottons cost to sell in Liverpool about
twelve cents per pound in gold, and American
uplands are selling there at about nineteen cents in
gold ; but the probabilities of a heavy decline
in England before spring are great, as India
is sending forward very large supplies, no less of
late than 200,000 bales per month. Should prices
recede much in Liverpool, our own markets must
fall to a price which will leave the planter very little,
if any, profit, as our consumption of this year's

4d.
STA ?ill ED sd.

-rep is unlikely to exceed 800.000 bales, which leaves
!1:, of c0,a13, very much at the mercy of Manchester
to the pi3e of the remainder. thsides, and this
a n:)31; important considera!ion, fte Atlantic
cable has made the great cAton ports of this coun-
try .mere start-houses for Great Britain. The
spinner who breakfasts in Manche3ter can now
;.an clown to Liverpool in a couple of hours', look
through the market, and, if he dismvers that he
can save an eighth of a penny a pound by so
doing, Le can buy that day in New York or
Savannah, Mobile or New Orleans, Memphii, or
Galveston. The facilities of communication are so
perfect he need buy only from hand to mouth, and
consequently he can control prices the world over,
and, of course, will control them entirely in his own
interest.

The Liverpool Cotton Exchange is the grave of
many a princely fortune. Transactions there are
consummated in an open square commonly called
" the Elias." The writer has often thought while
standing upon them, surrounded by the busy crowd
of factors and planters, bankers, brokers, and spin-
ners, how appropriately the stones could be used to
record the fate of merchants throughout the world
who have met ruin there. Thus, we might read in
one spot, " Beneath this slab is deposited the last
rupee of the princely Bombay merchant, Cursetjee
Merwangee Jadabhoy, who, during the American
rebellion, sought the entire cotton growth of an
Indian district, but who male the fatal nAis:,ake,9l.
,shipyiug it.hither instead of,
.80114; it at hoine ;
beggared a province, but gained a great name in
Britain;" or in another, " Here lie deposited the
iorigival
_bills
,of. ex_e_hange which 'were; drawn by
John Smith,-of (Means, upoUtriacer Shunem .
and Co,',.okAtiverpool,-in order to make. the—usr,al
advances to ylanter3 upon their shipments.---Smith
gained a saiiirelirt mission, but 'l'., S., and Co. failed
with a milliolOf ppunds of Smith's bills outstanding.
Stranger, go-thou and avoid his error ;" or, in still
another plaei, "Under this stone are preserved -the
original instructions which one of the greatest spectl-
lators of AMerica sent to England ordering his cotton,
sold without reserve on arrival ; had his orders been
obeyed he WoUll have realised a splendid profit, hut
they were not; and his ruin must serve as a warning
to those who `come after him. I.l"is grateful c3r-
respondents:in,:this country have inscribed his stone
to his financial memory." Seriously, however,
the experienac of the.past few years of shippers to
England is so disastrous that it may reasonably be.
doubted whether or no Manchester will not be per-
mitted for some time hereafter to send her funds to
our ports for het' cotton wants instead of waiting
for ustothruet our suyplies into her home markets.
This N.viilsurrelf be the case if men of business are
ever to profit by.-sad experience.

'Tie-statistidal. cotton year enled on the first
instant, 'and' it will soon be known what are the
exact figures in every branch of the trade in this
coffritiSrTliir Eh-6,year 1866-67. The account will be
of vast importance to.the industrial prospects of
tli p'atiiiii;hna-will be looked for with proportionate