Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1828-12-17
-,rHE RICHMOND MARKET.


we are sensible of no feelings Of local jealousy;
but when we see neighbours attempt 10 benefit
themselves ut our expense, by throwing false in
uendoes, it is no time to be silent. The lust Rich.
niond Vhig in article on the Market, states that
"Coffon, so much neglected formerly" now ranks M
one of their staples, and has become nn article OF
much Interest," to their merchandise All that the Plan
otinS 10 us Cty is bought up, at prices certain
ny us ngh, zoe oettere higher, than is given in any
market between Charleston and New York" Now,
the merchant, Spectator other person who pen
ned TINS sentence 1--WE ucquit the Editors OF the Wing
OF having written it, had been disposed TO present
lar view OF things, would he have accompanied
tne expression OF his belief with quotations Of prices
given at other places,-It is only by comparison of
current rates in different markets, always under the
sumo crcunssnnces that we can test the superiority
OF one over another. The opinion, or mere beief of
an individual, without proof VIII weigh but lite in
these matter-of-fact days-and if the writer in tho
wing desires TO create reputation for Richmond
Cotton Market, advise him to erect il on n solid
oasis-on .fy,oes not random assertion.
But the Gentleman goes further and observes
PLANTERS would advance their own interest bv bring
ing their Cotton to this markct-They will find no
difficulty in getting prchn sers and rood prices I'm
good money" Indeed! How greatly are tho Plan
ters indebted to him for all this information and cspe
cially for his kind solicitude VIII the gentleman be
good enough to say in the next Wing what he means
by "sood naoney?" IN PErgnspunc we nav for
Cotton United States and Virginia Bank Notes and
Spec!e-but perhaps this is not good Inoney.'-We
ask for information.
N. ID. AS Cotton snow ranks as one of the staples
of the Richmond Market the quantity received there
must bevery considerable. Pray, ho,o much7
The Intelligencer of Tuesday follows fire. in rho
following article:
THE COTTON MARKET.
The superiority of Petersburg as a cotton p,,rI;o.
over any other in the State, has been so lono me-
knowiedged, that we should not lave considered il
necessary to have said one word on the subject had
II not been for the insnnatious ntained i'm nm sr,
hIn ~ Erid n
vor to make 1t appear that no other cotton market
between Charleston and New York il so good s thu,
oil Richmond, and none in which the article commands
SO nigh price. A>few facts will show this state
ment TO be erroneous. The Enquirer and Compiler
OF Saturday, "a dny later than the Which quote COT,
ION at 10 cents, which is confirmed by our private
ictters-while in market it has been sellinp nj
from Ia TO 10 a and IN many instances still hirh
er.-So much for the price of the article in the two
markets. And now would ask these Sen;len,cn
what constitutes the best market! Is not that mar
het the best where the greatest demand exists and
There the ialrest price IS gven 1t is well known
thae rs much cotton is bro't TO our market i'm one
week, as is actually exported from Richmond IN
year The printed statement of the export of cotton
'of tne past year-a year in which our crop tell short
nearly e-third-sives the following result:
From pps,srsourS $500 bales ,
IL may not be improper to remark that a large
guantlty OF tho cotton which appears as exported
from richmond Is IN fact shipped from this mort Not
wthstanding these facts attempt is made 20 force
Tho article from its legitimate mirkct--but the Mt
tempt must fail. The planter knows where 20 find
Ia' pest market-and there he will carry his produce
tie Knows that in this town he gets the HIGHEST Dric
Tor his cotton, and that he is paid in "a .soi aocy
rs Il to be found in the State--and knowing these
facts he will never be delud by tho false cyloriprs
OF a newspaper paragraph.
We are really surprised at the sensi,ivouess dis.
played in these articles, and ustonshcd at the igno
rancc ct the Editors who penned them on tic subject
on which they treat. The Ddtor of the Times is
mistaken IN supPosing trust commercial or any
otnef department OF our paper TO "merchants spccn
iators or other persons" We profess know some
thins ourselves, of oil subjects which we touch
editoriay, and take to ourselves (yhere it beloncs}
the censure or merit of whatever appears as editorial
In our paper. The Editor of the Times saws, we
ought to have given 'euotations of prices at other
places" If he will take the trouble to look over our
papers, no will find that we give the prices in all the
markets at HON, and abroad and til at the actual sales
ofCotton We have reported in Richmond were higher
than in any other market between Ney. Orleans and
New York, viz l0J and lO2 cents.-'.T!Io superiority
OF Petersburg a cotton market, over any other in
tho State" of which The Inteigencor boasia is CHI
trcly owing TO hor Immediate location to the
great cotton districts of Virginia ard N. Carolina
III least Two
thirds Of the cotton purchased in Petersburg is on
account Of Richmond merchants Our merchants
have agents there to purchase cotton Cor them, which
Is sent down to City Point and shipped md cleared
from Petersburg. The Erts Che Intelgencer quotes
from the other Richmond papers, have nothing to
do with. We give tho true reports of actual sales
hero, AMI are answerable only for what ace state
1.-THE nteligencers report of general sales in Peters
burg at TO 10 cents be correct, which wo presume it
IL, the Richmond market certainly offers inducements
20 the planters to bring their cotton hero which Pc
tersburg does not. And it is only because planters
arc not aware OF the advantage they would derive by
bringing their cotton here that Petersburg has ENJOY
ed thc monopoly SO long, that her merchants and
cios hnk it belongs to them of right, and show 80
much constituencies at the merchants and editors OF
Richmond interfering with them in the cotton bust
ness.
As,1Lc. Roots nail ,,,o,,, A. ...