The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-21

Correspondence Of the Heraldl
MOBILE, Feb. 9Th, 1872.
Cotton production in the South and in India The Cur.
rency- Mobile Aeat, seals Fashions.
Mn. JAMES GORDON BENNETT ESQ.,:
DEAR SIR
At last some Of our planters have just began 10
open their eyes, at the great increased production
Of cotton, in the East India possessions.
Last week, a convention was held by some of the
principal planters in Alabama, to take into consi-
deration,-
lst. The cheapest manner that Cotton could be
raised, and how cheap it could be Afforded, and
Landed on the wharfin Mobile.
I'd. Whether it would be coed policy to tax fore
ign manufactured cotton goods, thereby encourage.
ing the northern manufacturers.
30. How long can they expect England to con-
sumo the American cotton.
In nswer to the first part Of the first question:
there was no decision, for every planter had way
Of his own, and it depended somewhat upon his
lands, whether they were wood, isiDgass, or marsh
lands. To the second part of the 6rst question, it
conceded that cotton coold be afforded and laid
down in Mobile, at eight cents per pound. In an
swer to the secoRd question-out Of twcnty-seven
plasters, twenty-one SPOKE in favor OF taxing the
forsign manufactures, aud five only opposed IL. 1t
article that be produced in the United States,
must be protected at ali haxaris. And in answer
IN the third question, 1t was unanimously admitted
that England would cansu ne Anne rican cottons an
I'll he India cotton could be raised IN sufficient
Quantities TO supply her own mills, and no longer
The Chairman, planter from Wetumrka, in a
few remarks, that the India posses
which cotton Could be raised, twice large as
the United States, and contained over 70 900 600 OF
inheb iants First-the province Of Bengal, con-
tairipI 500 600 sqnare miles, and population Of
SO QUO GOO Of souls aud seven eights Of these could
be hired for a picayune per day. Next was the
province ct Madras, containing $50 900 square
miles, and 1000 900 Of inhabitants and The pro-
vince OF bombay was not to be overlooked, for
aithoushit was small compared with the rest was
stall large, for it was as large the state OF New
York, and contained ,O0O, 600 inhabitants These,
he observed were large enough without mention
ing the numerous islands-such as Ceylon, Sumatra,
&c. The importation Of India cotton in England,
in the year 1880, about $4,000 bales in 1885,
GOO bales, and in lS40, 23i5l6 bales-mere than
trebsled in ten years. A great many good and
pertinent remarks :vere made upon the subject, and
the meeting concluded BY resolving to hold
general state convention, during the spring. at
Montgomery.
Our currency is in an awful condition. Our only
currency Is State Bank paper and the couatry is
and pay it oat at par, they know full well that it is
not worth ten cents dollar, and it only requires
one Of the banks in Mobile TO d!seredt it for enc
day. and the whole concern would fall to the ground
and bring with destruction and dssolaton to the
state by far than the fall Of the United States
Bank did to the State Of Penney lvania.
There arc very few drawers upon New York.
One of the banks draws for small sums, and when
large wanted they give certificates Of de.
posite st. John Powers, & Co., is the best
tile house drawing At present; they draw on
Dyksrs g. Alstyne.
There are very few strangers at present in the
city. Of any note. Mr.. Arehibal Oracle, Mr..
Augustus Salters, Mr.. John Wallace, Mr.. F. ".
Henderson, Mr.. ]. D. Dcremouse, Of New York,
and Mr. Gray Of Boston.
Theatricals in full blast. Last week we had
Barrett, Brown. (who played "Rebert Macaire"
for his beneft,) and Mr.. Hackeu, who Of course
drew full houses. Next week the Seguins, with
Manners, open with "Norma - we also to
have La Gazza Ladra, and the Postillion, which
will give better gaiety to the place.
Could you not send Knapp down here !? He
would be well received and is much needed. He
would have FIRST chance-the water in the river
is warm. One Of our fashionable gentlemen is
about to give large parry. may send you full
particulars. CREOLE.