Star.
London, England, 1829-05-15 00:00:00

trade, there was a great and gradual falling off. The
amount of the falling off was is the following pro-
rortions

Tat AURA= sumer or TMS MOATS
Stem:l7oo' to • 1795.. was 42.500.000
1798* 1801 2.200:000.
1802 1807 2,100.000
1 acs . 1812 1,700,000
During the period from 1814 to 1819 the renewal of
the charter took place, and some of the restrictions were
removed, and the exports rose. The average of those
years from 1814 to 1819 was 2.100.0001. In the year
1819 the amount was 2,800,0001. From 1820 to 1825
• the average was 4,800,0001. and in the year 1827 the
amount was 5.800,0001. From these details it would
be observed that during tbefirst period, whilst the re-
strictions were in full force, there was a constant fall-
ing off in the amount of the exports:, but in the latter
period, since the trade had been in some degree open,
there was a gradual inctease. That the predictions
hazarded when the question was under discussion were
not justified was to be ascribed entirely to the private
trade, and in no respect to the trade carried on by the
East India Company. He would now refer to one or
two of the articles in which the greatest increase had
' taken place. The most important increase, perhaps,
Was in the article of manufactured cottons. The total
amount of cottons exported to India in 1814 was
818.000 yards, and in the year 1828 no less than
43,500.000 yards of cotton were exported to lodic
The value of the cotton exported in 1814 was 90,0001.
whilit the value in 1828 was 1,900,0001. although. as
every one was aware, there had been a considerable fall
•In the value of the manufactured article. The various
descriptions of cotton had been exported in the follow-
' Ins proportions—ln 1814 the quantity of white cot-
tons exported was 213,000 yards. In 1828 the quan-
,•....
tity nt white cottons was 2,300,000 yards. In 1814
the quantity of coloured cottons was 608.000 yards.
—ln 1828 the quantity of coloured cottons was
12,000,000 yards. As to cotton twist, the increase of
exportation was still more astonishing. In 1814. which
was the first year of the opening of the trade, only Blbs.
of corm twist was exported; and in 1828, 4,587,0001b5.'
of cotton twist was exported. He mentioned these facts
meetly to show that there was sufficient ground for in-
y. and he would not tire the House by continuing
those details. When the trade had increased to so large
an extent, it would well become the House to inquire
whether it could not be extended still more. The great
and Sudden grow thof the trade set calculation at de-
' fiance. He believed that nothing, in fact, was yet
knoWn of this trade ; and his own opinion was, that no
assignable limits could be put to its extension. provided
only that the means wire provided for the profitable
investment of capital in India, so that the ability to.
g ye a return might be in proportion to the inctease of
ennvumption. • There was no prejudice existing in the
minds of the people to prevent them from purchaiing
the manufaCtures of this country, and there was no bisr
or impediment to an immense extension of the.export
• trade.' efeept the difficulty which the inhabitants et
• India might find in giving a return for the io'nutiodi-
lies they consumed in the way of itnpUrts suitable to
our wants. 1t was only tight to staiesthst the increase
in the impotts had not borne i fair tareipiartitin to the
• increase of the exports. The official average vitae of
the imports from India, from 1790 to 1795, was
3 800,030/ and the official value of the imports in 1827
;% as 3.313 0001. The grog th of the import trade, there-
fore, was trot so sudden or so.great as the growth of the
export trade. In 1814 the official value of the unpins
was 7.890 0001. and, as he had already stated. in 1827
it was 8,343.0001. The groWth of the export trade had
been fourfold ; but the import trade had not grown op
'in the same proportion, the increase since the renewal
of the charter being only about 1,000,0001. official
value. It was also to be considered that the improve-
ment of the articles produced in India did not bear any
pe ,portion to the increased production. The fact was,
that no improvement had taken place in any of the arti-
cles produced, with the exception of indigo. Not many
years ago the indigo imported from India 4ras so bad
that it was scarcely saleable. It was no:. the very best
' Of that kind of drug, being of a better quality than.that
produCed in South America. Forty years ago this
country was supplied with this valuable drug from
foreign countries, but by means of our Indian posses-
sions, we were now enabled to supply all Europe.—
' Indigo, however, as be before observed, was the sole
article produced in India, in tbe manufacture of which
an improvement had taken place.Tbis was entirely owing
to the permission to expend capital in the cultivation.
and he had no doubt that if permission was granted to
• eapetid capital on other articles of Indian produce, and
that it the like care was taken in the cultivation, the
'result would be precisely similar. The climate, the
soil, and the low rate of wages, were circumstances
favourable to every article of tropical and colonial pro-
duce. All that was required win the necessary ex-
penditure of capital, and the consequent increase of care
and' superinteldence. The next article of produce to
which he should refer was that of Cotton. On which be''
bad already made some observationi. The quality of
the cotton *spotted from India had not improved to
any considerable degree, though there was a consider-
able "increase in Abe quantity ihinerted. There could
be no difficulty. hoirever,' in devising Means fOr im-
proving the quality 'of this article of prOace, if capital
was to be applied for that purpose. In the year 1814
the quantity of tier, cotton imported lam India was
3,000,0001n5. and in 1828 the quantity imported had
increased to 32 000,000 lbs. To revert main to the
quality of this article, be might state that the fact was,
that the hest East India cotton Was Inferior to the Worst
American cotton, and that in some instairces the diffe—
rence in price between East India ditto's and Artier ican
cotton was as great as 100 per cent. The fact, was,'
that nn care was taken in the coltieation Of the article,
or in cleansing it from dirt, which greatly ileduced In
value. There was no doubt, holvever,tliat the quality.
of the article would be greatly and tatinetliatelt
proved if British capital and mactinery,iiiireernifoved
in the production—Wear). He had already staled that
a very considerable prnportiOnOf the riwislat4iVeM-
ployed in the cotton manufacture of Phis coint4 was
drawn from A/eeriest. The quantity of raw Cot-
tort importedinto this country Was 197,000,0001b5.
151.000 000 lbs. '*as impinied trims America. Conj.
deting.the pri,int state Of otir toatireictal relations
..titl% the United estates, to 'whieb 'he had already ad-
.
netted; q,STAA mod deniable for the future prospects of
this country That there'should be no iinpediMent to the
'_production crtidn' la our Orin COlohies. The next
ri
intiCic,to llich lie foitod call are of the
House thatersfingar, in theinipoit 'of Atilt there
fmcListin lsme irtc::r. In 1814 the quint* of 'sugar'
imported rig 12,010 cwt.. in 181,S /tht talporta-
• lion had 'twee( tp 516.040 exits. It'*as an extra-
Ordinary f!act,:hßweeet,, that of this`qiiitsiity' as large a
proportion as 360:000 cats. was Omdtaced in the imill
settlement of the Mamitits,Avhich.iits -iinlY:to 'be ac-
counted 'fol by the fact that there was lit* the ante
inspedtiiients to the employment of capital and skill
towards the production of sugar in the Manikins as