Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1842-02-08
From the LouisvIIIs Journal

ton to the increasing commerce' IN
that article. of Great Britain WIN inc
T. st India Gompany's possessions;
and we propose now, not only TO con
tinue the subject, but also TO advert TO
the comoetilion which other soc.heIn
proIucts may expect TO encounter in
The English markets from the same
source. Its certain THAT the vast in
crease Of East India imports exerts an
important influence on the prices in
the British markets, and, TO some ex-
tent, regulates the. value Of similar ar
ticles, the growth and exports Of the
Southern portion Of This Union.
The' chief Of these articles is cotton.
The.projeci is deliberately entertained
of making cotton the great staple Of
British. India, bya powerful CONNER
cial nation, that seldom engages in an
enterprise without the stimulus. Of To-
terest, and as rarely fails to execute
whatever she resolves.
The limits of newspaper article
viii permit US 10 allude only 10 a very
general manner TO the meansby Which
tits proposed to attain this end; but,
among tic most prominent, we may
state that early in the past year a joint
stock company was formed in London.
with a capital OF e5OO,OOo, in shares
Of e25 each, the object of which, as
stated ia the proposals or the company,
isto supply 1.-THE E1glisl, markets with
cheaper and superior cotton linda
growih.r
The importance ofihis question, TO
the manufactures and the ship-owner
of Great Britain, was strikingly brough;
20 the notice Of the Isas: India Compa-
NY by deputa,on of The Manchester
Chamber OF Commerce, on the pre-
semutiou ola memorial which stated,
among OTHER things. that in the FIRST
eleven months Of ISIS the cotton i'm
por,ed iato Great Britain amounted to
1,373,3lG bales. oC the value Of C a,
100000; which was manufactured IN
To articles oflhe value OF f40, 100000
gave freight to 30O,00J tons of ship
ping, and Afforded employment to two
millions Of people. Thereport con
cluded.by pointing 10 India as ain avail
able, and at the same time more desi-
rable, source Of supply than foreign ma
tons. from whence the greater portion
was then obtained.
The East India Company, at it;
own cost, .have imported from the Uni
ted States a number Of experience,
..cotlou-plantcrs, who are now at worI
in India
In 1881 the imports Of East Indi
cotton into England amounted to 70
G2z bales; in 1885 ii was 1l6,15a
ana I'm lS4O it reached 21G,7S4 bales
showing an increase in the supply
which, ifcontinued, must seriously in
crease in the supply, which, if contin
ued, must seriously interfere with,
not entirely destroy, the market for IN
~seon grown in the Southern States.
Ii is problem vet To be solved
whether the expensive slave labor o
North American can successfully com
pete with tie cheap labor ofInlia. L.
notthe American cotton-growerlayt III
"nauering JUNCTION to his heart, I'll;
cotton of'an ualquaity to his car
not be produced in India. We hag
abundant evidence 10 the conlrar.
Montgomery Martin, in his history
the British Colonics,says Cotton evl
rywhere abeunds; but sufficient cal
has not yet been bestowed on I'll
growth, so as to render it, as IN Ame
lea, a trienniala instead oran- annuaLt
in the picking and cleansing j Tor e
port. The Decca cotton is unequal
ed; and.ihe se1island Hon'fromSa'
CUR island, near Calcutta promises.
be available article Of export," Anotl
err writer (RoyIe) says: Tthe best
cotton is procured from the coast
Coromandel."
Heretofore the coItou-gln, that Va
liable loborsaving machine, whlch'h
been Of such vast utility tothe Ane
can cotlon-grower, has been unhnos
in.Indiaandihe cotton has.been clear
ed by manual labor, or rather by
instrument called ciarkd, whie
with three iaborers 70 .wurk'lt, on
turned or forty pounds days w''ile
good American gin viii clean 0
thousand four hundred ponds.
will also be remembercd tliatm lns
the roads are wholly neglected. a
much orthe coipn IS packed on
backs Of oxen. When the roads.sh
have been, as they doubtless viii /
made good, the expehse'Ol the colt
will be still further reduced at The p
from whence It is shipped.
But.it may be said that Ensla
will not lose so good customer as
the United States, by giving pref
ence to the cotton Of India. A slis
examinalion ofthe subject will sh'
the error Of this conclusion. The
terest Of England is. to afford emPlc
ment to the greatest Number of her 0
people. Hershipping interest is, p