The Yazoo Whig and political register. (Yazoo City, Miss.) 1840-1842, 1841-05-14

Der spOunut THIS I1Op HNOu1u# De worth one
hundred millions Of dollars.
OF this amount il IS estimated that there
are consumed Of manufactured
lbs.
IIn England 100000, 1000
The United States l6O,OOO,OOO
France sO,OOO,OO0
India and China 25O,OO0, 900
South America s. Mexico 25,OO0,0O
Germany sO.OOO,OOO
Turkey 8 Africa 45,OOO,0OO
Spain 10000, 900
Prussia 10000, 900
And the remainder elsewhere.
Il is stated that the value Of cotton man.
ufactuFes is annually
In England $4,000, 900
France 20 ,OOO, 900
The United States 10000 900
The capital employed in the Eastern
States Of the United States ii the Cotton
manufacture IN 1887 was S4O,6l2, 1884
The following advertisement explains the
character Of the projected enterprise Of the
British in the East Indies:
EAST INDIA COTTON COMPANY.
Capital f,500 900, in 90 900 shares, cas- each
Deposit f2 los. per ST are.
BANKERS:
AIessrs. Glynn, Halifax, Mills & Co, London.
Manchester & Stafford Bank, Manchester.
Messrs. Beckett, BIayds g Co., Leeds.
SOLICITORS:
Messrs. Swain, Stevens g Co.,
Frederick's Place.
Old JeWry, and 10, Whitehall.
The principal object of the East India
Cotton company will be to supply The Eng.
lish market with cheaper and superior cot
ton Of Indian growth. The overwhelming
importance of this question, in relation TO
the manufacturer and the shipowner, was
lstrkingly brought before the Directors Of the
East India company BY depu,a,ion from
the Manchester chamber of commerce, on
the presentation of memorial, which sta.
tied, ''That the quantity Of cotton imported
into Great Britain in the first eleven months
Of the year 1898, amounted to l,373.3l6
bales, Of the value Of El4,000, 600 sterling.
lln its manufactured state, of which only
96, I Is bales were from he East Indies, of
the value Of about E6OO.OOO, or only Eve
per cent. Of the whole cotton imported, a.
bout ninety per cent. of our supply boing
drawn from foreign sources. Thai the val.
ue of the above quantity Of cotton in its
manufactured state was 100000 ster-
ling per annnm, giving freight for 100000
ions ofshipping. and employment to upwards
of, 100000 peTsons;" and concluded by
pointing 10 India as an available, and at the
same time a more desirable source of sup
pIg
That large profit is TO be derived by inn
proving the culture of cotton in India, and
preparing ii for the English market, has
been placed beyond doubt BY the success
fal result Of tie experiments recently made !
The difference in quantity alone, lis superior
quality between the indigenous cotton
raised without care, and such as is well cul-
tivaied. being ia The same field, as FIVE to-
one u fayor0f improved culture.
II was evidently 4 conviction of The great
interests at stake which induced the East
India company (although prohibited them
selves by the terms 81 their charter from ira
ding Of any kind, 70 procure from the Uni
led States, within the last we've months, At
theiroWn COST. through the express mission
ofoapl. Bayles. body Of experienced cot
Ton planters. who are now Oh their way q
India.
4 depntati0n oE tie Est India cotton
company have lad inleEyieW VS. 81 higl en-
c0uragine nature with The late chairman and
tie Deputy chairman 81 tie Easl India COM
pany. lhe President Of lhe Board ST control
and Board of Iade. and gle several parties