Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1839-09-12
Miscellaneous.
From tic SoutA- -CGro'iaian.
THE COTTON CIRCULAR. "

names altachc'! 10 1t, rs ifoin any 'bcrH IL
NAV have in argument, or the profound
truths it advances. I,haIl confnc myself
to very brief examination fllic prac''-
cui propositions it contains, for the future
action Of those interested in The production
Of cciton. Before we consider this sub
icct in all lis bearings, we must not 100
reality adopt the idea, that the producers
and consumers, the spectators and rc1u-
lar purchasers, Of llfc article for CONNER
cial purposes.-toscthcr with the BANKS
on both sides Of the Atlantic, all have the
same interest aud are alike concerned.-
This nigh, be so, if mankind could he
brought to act upon thai sublime principle
in morals, laid down by its Divine Author
"do unto Others as you would be done by.
But, unfortunately for human nature, VIC
have seer TOO mach in the history OF even
the last Few years. 10 indure us 10 h'''"vc'
that almost The reverse Of tbs principle Is
the basis of action. That there is diiicr-
cnca of interest Is; The different classes con-
ccrncd, is 100 Obvious 10 need illustration.
The Circular proposes 10 protect Inc
plaulins or producing interest. Hut II
must be observed, that there is even a'dh-
ference in thu, interest. There arc large
portion Of planters, particularly in tie
Sou,h-Wcsr, who are debtors, and there
are a LARGE portion in the South, WHO al
though they may not Le creditors yet
thank God, are no; DEBTORS. 1t VIII he
readily perceived. tlallhoSc " lo are debt
ora, may desire advances, while those
who are not. may be independent Of ad-
vances. Now, it strikes nc, that the Cir
cular proceeds upon The 'dea, that al
planters arc debtors, and nce't protection.
THIS utterly ''cuy. ltmay be, lhattheFe
are planters, who have absorbed their dis
,inct character as such, in the character
Of spcculators in thc purchase and sale OF
cotton, and il may be very cypcdl'n' ior
all such, to ally themselves with banks,
and receive tho facilities that m"n'ed
institutions may afford them IN their
objects; but what may be life TO them
may be death 10 those, who choose very
different course.
Considering the vast variety of indivdu-
al Interests, it is very doubtful PROPOSE
ton. whether any combination can be
formed, whose benefits will extend them
selves equally to all; and still more doubt
ful one, ifevcn such combination could
bc formed, whether in the end, II would
ror produce like combinations on tho "lhcr
side, that would create such vibrations
in the price of cotton as rather 10 agra
va,c, than allay the evi! now compalned
Of. sit TO be supposed. that if we COM
binc with tho ban ks here, TO hold the cot
ton, so as TO make il produce what we may
suppose fall price, that The >pInners and
manufacturers. both in New England rs
we'll as Old England, will mol likewise
combine together with 'hcir banks TO de-
press The article ana between the Nv"
opcra,ions, instead of the regularity and
certainty in the price, (Which The circula
pro(esscs to dcsire.) precisely the reversr
will be produced! Let us look at the
operarion Il moment. Other countries,
besides the U. States, raise cotton; and II
may be the interest Of consumers, in Ens
land and in this country, as well as France.
TO encourage aud foster The production onl
Of the United States; and we should be
careful to do uolhing that may drive them
into concert of action for that purpose.
Isuppose the present growth of cotton
in the world. 10 DC about 00O,0O0,OOO
pounds. or this, the U. States produce
about 100000 bags. or :j25 O0,010 lbs:
100 millions in Asia: 30 millions in Egypt;
30 millions in Brazil; ID millions in Mex
leo and South America, ou' Of Brazil; ~
millions in Morocco. and along the "nast
of the Mediterranean. in Africa. and III
millions in The West Indies, &c. &c. Tex
as, will also, rapidly rise into great cot
ton region. When Stimulated, there is no
production that can hc male to increase
more rapidly. In 1871. there were only
two millions of pounds grown in the I. 5.
of which South Carolina produced 1,500,-
900 lbs. In 1921, there were only no.
100000 pounds grown in the U States, of
which this State produced 80 millions
So that we see in tho short period ofa few
wears, how the article can he doubled. Is
II wise or prudent in us, to pursue such n