Cheraw gazette and Pee Dee farmer. [volume] (Cheraw S.C.) 1838-1839, 1839-11-08

pose OF depressing lis value. Last year it
was asserted that the production would be
1000, GOO bales, in the face of product
l,350OO0 and, in the face ola dr. ugM ol
urexamrisd intensity this season, IT is affirm
ed with eqeal truth, that that Of the present
wear would reach 100000 bags, which,
Is 20 event, can exceed an average one.
No article Of agriculture and commerce IN
:hs whole civilized world, is exposed to sue"
accumulation of dangers, as our grt at sta,
ple. Even that pesfiient drung OF or'en'a'
iuxusy the expulsion Of which has recently
eonyulsed q mighty empire to ITS centre
sesms less an object of hostile combination
among those a. least, who purchase It al
though il dispeusss madness and deah, than
a siaple which gives to man his most heal
,hfnl rs.ment and which rivals the fleece
,be lamb in its softness, and The miraculous
results ofthe industry Of the silk worm in
the fLsness and beauty Of the fibre.
We desire no monopoly. IT the agents
of foreign houses are wiling to give it high
er rate Of advance than the Banks, let them
take wilhth Cotton, the risk Of such adven'
lures. ali that We wish is, to place por-
ton at leas, Of the Cotton crop beyond the
reach of coelciye sales, under the death
warrant of 60 day bill, that has run to ma
,uri,y. We wish, moreover. to place at
least portion Of the crop, beyond the biigh'
tins -is8aeaea oc :hasa ihaoriaS Of 6nance,
which. although they may have enaannted
from the highly respectable par!or at the
Bank Of England, are not 10 be found IN
the philosophy of Smith or Ricardo, which
have struck, in the last summer, a blghling
Influence, not only on the American trade.
bu, have prostrated one Of the greatest
branches Of the gigantic industry o! the br'.
tish Empire under the vain and absurd
hope os stopping during an obviously unfa'
yorable state of trade and a deficient har-
vest. that stream Of gold which was as Ger
tain TO dow out of England as the father OF
our seSern winters is to roll his current to
the ocean. These wise men, in their gen.
Grafton, have indeed done their wors.--ihey
have pros,ra,ed American interests, and all
tho interests in their own country CONNECTED
with our own, but the fatal tide still flows
on.
And flour Banks desire that portion of
this stream shall be lavishcd on our own
shores. let them turn 10 our great staple
which, under a judicious course of trade
will command the precious metals from
every quarter of the Globe.
To our associate ti an important branch
Of our industry, ,he Cotton Planters of the
country, va would address voice Of sym
pathy and warnibg--~a- would tell them
tha, the mode by which The product of,heir
capital and skill is disposed Of in the great
market Of its consumption, is enough 10
break down tho most valuable staple, mex,
to the staff Of life, which God has given 10
man.
They must no, rest satisfied with the un-
certain calculaions Of the product of crop,
liable TO be cat short almost TO the last
moment Of itS gathering, by the vlscIss''udcs
of Tic season. Whether il BE- a large or
small one, q judicious system for offence it
for sale 10 tss great foreign markets Of its
coBump,ien, is equally the part Of policy
AMI wisdom. The fac, is not to be con-
celed in spite Of the oppressed state OF
,rSe in England, il the Anae, lcan houses IN
Liverpool had held this year, The stock Of
Ctton which was cons gncd Humphries d
RkiIe alone, during the last from ten to
f&en millions Of dollars reclamatons would
ha,e been saved to the country we should
have had an effective balance wheel in CIV
ig sleadiness TO the market. The coma.
p non of d dissracafnl panic wa.,la have bccu
, iirpressei; and Some just relation preserv.
a between even diminished consumption
md crop of ofyonexampled shortness.
The prediction Of our staple treades SO
Aosely on the measure of consumption. that
N all the articles of commerce. it requires
hs utmos, care in its sale yet perhaps IL
reciyes the least. We ought to reflect
wha, woa!d be the extent of the calamity
j. winch would bcfal our country. ifit were to
bre'k down to a point which would not
cove the cost of productinn. For 10 tho
upiaIs Of the South, it is our only remun~
ieraing product. An efficien, scheme OF
protection, for few years, will make all
: safe.'' The use Of Cotton, as fabric of hu-
man aimen., is just penetrating the Rus ian
Emph and before many years, We shall
s.ttsye the boundless r,gions of Europe.
class consumers more numerous than
:hose OF the Kingdom of Great Britain.
'Whhshese reflections on the past and
alpticipalipns ofthe future, VIC submit, with
,h&s -ISePssl the Toifuwirss Resolutions for
thf adoption Of the Convention:
1esO'ued, That the gentlemen who issued
nd Circular, dated 5,h July, in New York.