Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-07-04
From the Savannah Republican
THE COTTON TRADE

MeSsrs. Eduors-You have probably FORGOTTEN
that many psope have dus' IN Their ewes. or YOU
would have doubtless pointed out TO IF. &c Trade
nnd Fair Play" The following. one of his many in
constituencies
lie saws. docs ~. fact that they (thc home mi,
nuinetusrs) buy 1000 bales nj co 'cn susan an,
price at an Not IN the least-bccause n Great
Britain bought all the cotton. she Woud nanuf,e
tute Tor al, &C." Yet ia the second paragraph be.
low, after saying the American Luver IN tho cot
ton market Is OF no consequence, he says what
ever tends to enhance the expense of m,kins tho
exchange tot coiton) or restricts the numbers OF
BUYERS, must IN so far dcprecate It's value" And
egain he says, whatevet restricts the buyers tends
also to diminish the value OF couon.~ Now J..
ADMITS that freight rs one Of these restrictions and
would ask HIM, Why c,nnot the home manufacturer
eho'd 10 pay nj least &c. more for cotton ua, IL c
English buyer, since to Boston, New York ant
Philadelphia. the freight Is less by that much nj,
least, then to Liverpool or HavIel And the ma
nuacturer IN Georgia has the advantage over MI of
Just tho amount Of this expense The manuTaetu-
rer IT. Richmond, Ca'k, and Putnam counties, eau
afford TO pay ordinarily At least 90 per bale more
than the Northern, and S. or SO more ton The En-.
s!sh spinners ON this very account. Can the,e he
better arguments in favor Of "home m inulrc,ures7"
Again. does he know little Of the trade Of Say,n-
nnh MS To be unaware that ordinarily in the au'umn
the English buyer Of cotton is Obliged to fold his
hands and look on till the home demand is suppird3
Ana what but the less amount Of freight they leaye
to pay, enables them to pay more for the cotton tina
the limits OF the English buyer vii. allow? And
Is mere nothing gained here by the ID anter from,
American oompeitlonl Is such a customer TO be
deSplsed1 by no means. RICH; clad would tho
English agents be, If the orders Tor Boston. New
YORK, or Philadelphia, which give activity TO our
market for the early part of the crop cnuld be d,i
ven out and excluded from compett on.
Perhaps, Messrs Editors, your coresnordent
may tie aware, but probably many OF your readers
are NOT. OF the quantity OF raw cotton, which is
returned to us in manufactured state. Let all
the cotton goods imported from England per annum
INTO the United States, be turned into the raw ma
ie,ial, and there would be only 50 OOO bale
ihrtv-three thousand bales is the only portion Of
The 500 900 TO 100000, with which we annually
supplY, Gfe't Britain, that comes back to us Now,
perhaps your ead,r will see ihe difference between
the ends OF the bridge a, which toll Is taken II or
export duty were charged, il would he very
10 the planter from one imports rs far ms ,egards
the COTTON Itself. But, suppose the 80 600 bales
WORN IN round numbers one million dollars,) when
made up INTO hno goods, bcrome worth four NIL
hons dollars, through the labor bestowed uron iis
manuaciure; does not the duty, whatever il is fall
upon Bftsh labor for three mi lions out OF the f1url
while out OF our whole export of raw C ton 10
England, there is only one-thirtioh part or isrc
turned TO US and upon which the p-.'uiuceTs have
TO pay duty. Is there thea no difference in this
single point OF vis~, us 10 which we paw EXPORT or
an import du'yl IL seems TO me the two en- Is of
tns onoge, for 1t is no common one, very differ
eni.
Again your correspondent seems TO write ~
though the South alone were the tax p,vers. |
would ask him TO look little deerer into facts,
Let HIM look not only nj the numerical COMPARISON.
gu, at the kind Of population in oil the sections
OF this vast country. thin, for moment. con
sder That the mass at the north and west probably
spend annually three times " hat is expended bv the
same hunter OF labouTers OF the south and then let
nm consider whether the south paws rs much in
proportion OF the revenue other sections And vet
could wish for own SAX S, that We sperts IN
less Tor articles which we DO no. but might urselves
produce. could wish hat Geors had now a S
C will ere long have, her own arts and manuf,c,
iures that she vel other States # the Unioo
might become indcpendant of foreign labor. This
Is the "Fres Trade" which advoca.e.
AMERICUS