Delaware journal. [volume] (Wilmington [Del.]) 1827-1832, 1827-05-01

MougMH?" But such is the result of almost every
investigation, or comparison, of things at home with
things Abroad Let US usefully shew this, in case
that is exactly in point If the poytations of the
United States amount to about rs or 80 millions,
(Which may be taken as an average official value of
Them, the wooHen cotton, Roren and henape,e goods,
including all manufactured articles of these, used
tor the Clothing of persons, and for all family or other
purposes in which such goods are required will
make up 81 or % millions Of the amount. Now, if
these cloths and cassmeres, worsted and stuffs,
blankets and rugs, cotton piece goods, printed, CO.
Toured or white, nankeens, wooen and cotton hose,
tiaxen and hempen goods--worth in the whole 90
millions of dollars, be divided among the people of
the United States. eachperson might receive almost
tsoo dollars scorfh Of ssch goods a year-solne of
which, however, are not consumed, being exported
Who cannot s. draw an Inference from this that
our people would be C clothed Nth ,aked,ess." if
they depended on the, foreign suppIys The proba-
bic value of such goods consumed cannot be less in
the whole than 100 millions, which is about ten dol
lars only Tor every person, including what is requir-
ed for family and other purposes, never eaceptieg
cotton 6agging y! But such is the effect of search
ty and supply, as before several times alluded to,
that the small value imported interieres with the
whole quantity consumed-and ten millions worth
thrown into the market over the amount of the
needful supply, will effect that supply more than
ten millions, extra, worth in themselves, and
paralIze the Dhote business. 6 EUery good rule
aoorhs both aOays'if this foreign excess in articles
manufactured produces such imposing effects on
ourselves, what would be the state of the European
market for our cotton, if we exported one fourth
more than we now do ? Let cotton planters calcu-
late it! Again, and further to demonstrate this
operation, and shew the importance of activity in
the market--when the late news arrived as to the
transportation of British troops to Portugal, -four
momentarlly advanced one dollar per barrel. Now,
we could not expect to send to Portugal more than
or 3OO,OOO barrels IN the present year, under dy
probable circumstances The difference of value
would have been only $780, 600 but that difference
might have affected the whole value of all the bread
stuHs in all the United States-the annual con-
sumption OF which, we morally certain, is equal
to SO,S00 900 barrels of -four so there would have
been generally increased value on every barrel Of
flour or bushel of grain, which yet remained in the
United States Tor consumption, had the rise caused
by the expected demand in Portugal been maintain
ed, which was only in the sum of 100000! "He
that runs may read' and understand this no pro-
position in Euclid is capable of unerring sou-
ton. And who would regret this advance in price
to the farmers9 Surprising they consume one half
of all which they produce, it would have added Sc
veral millions Of dollars to the actiue circulating me-
Qua Of the country, and every man, because Of the
1EitA whishh e mghtobtain money,
/ Of lS|5y be among ourselves
pay ten dollars for barrel a Aeing the
common selling price,) better X ~ fifty
cents per ID. for the cotton used II yl which
we purchase better than ten, unless tle Iated
prices shall grow out of actual scarcity il the do
| nestle production. Either would make money plen-
ty and in the general stir of it, we should pick up
extra sums and receive extra subscribers, the extra
profits on which would pay our own advances on
the articles named an hundred times over. And
thus it is with every person engaged in business.
Our draymen would be glad of it, and make a large
profit out of such state of things.
i But further-we assert, and ~ appeal to the
documents, that the whole value of all the woollen
cotton, faxen, or hempen goods imported, and of all
the mixtures OF them of all s0rts Sizes shapes CO.
ors-from the dimensions of the finest thread to
carpets many yards wide, has an average annual
value of about twenty-five millions year. Well
by the census of 1920 there were, say 100000 of
the people, and 100000 persons in the U. States
We shall, however, the latter number to avoid
the shadow OF offence on any account whatever.-
The whole population of the cotton growing states
and districts, without reference to the amout of
persons employed in the cultivation of the pant,)
| may be thus shewn:
One-eighth of Virginia, $4,000
! One-fourth North Carolina, 100000
| All South Carolina, 100000
I All Georgia, $4,000
All Alabama, $4,000
I All Louisiana, 4. 153,O00
All Mississippi, 5000
Half Tennessee, $4,000
100000
ssAlf told" 100000 persons, or 100000 OF
the people of the United States Now let us sup
pose that the duties levied on the goods above de-