Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1842-04-26

5 '.0 Suih he would previous ~ have sper
: Tor liquor, and this was the RESULT Her
was, absolute the foundation Of a for
tune. Tho Fit, young men, and re
member t1 the regular savings of thi
sum, witt 5 lawful interest would insur
a handsq E independence, in old age, fo
many you.
lND1 AND SOUTHERN CorToN.-Tht
people, bfthe South are beginning to per
celve what they might have seen long ago
that the "fretEade' which England i.
Wiling 10 exteA TO them in the article oil
cotton, affords \ proof that England
mas any dlsposlio adopt the princi-
pies OF Tree tIade Mprlncples are
advocated by SONG .nis Country. Her
own interest is the kandard of her policy;
and she Is genq ally very consistent.
When she can do ithout Southern cotton
England will fee mo compunctious visi.
lungs in putting q heavy duty upon it, eav-
ing the abstra rlnclples of free trade TO
take care elves as they may.
Southern papers-the
! der may be named as
pains to show that the
British en- Of raising cotton in H.
Ola need nd IN fears of the Southern
planters; thu project must fail, that the
climate and are entne ly unfit for the
culture of q cotton: in short, that the
whole thing b humbug which the tariff
men in the lntry are trying to palm off
IN the hope d frightening the South into
compliance with the protective policy.
The necea y for making this elaborate
effort 20 hat the apprehension which it |
was TO remove have become gen. |
eral B. Nor will they be less so
now effort has been ma lie. For |
amid assumed confidence thus put
into eground, the bold tone which
seek bel fear is not without It's own
misty quaverS-It indicates a f.lse
cour Re the whsting of tmd man
IN yard, apparently saying "who,s
III harleston Mercury thus explains
the Ne matter:
But the whole eecret Of this alarming in
crease of East India Cotton, is the simple
fact. that the Chinese market has been
broken up, which used 10 absorb nearly
the whole surp'us of that article, and that
conseq Iently, its price has been redu
ced 20 the very Iowcst-but a very low
price, as all the world knows, though i,
promotes the consumption of an article.
has the contrary effect on its culture.
The forced sa es of British manufactured ;
goods in this country, might in the same
way be set down as evidence oflhe growth /
and prosperity of those manufactures-it :
s simply an evidence that they have ex ]
,eeded their mari e,-that thew are DIS.
S suddenly closed-it seeks other mar.
,ets, where being in excess, it is Sacrlhc-
ID.
This would be more satisfactory IT 1t
we're not known that the quantity of cotton t
y oduced in British India has more than
loubled within few years past. 1t Is no
loubt then that tho interruption OF the |
China trade has had the effect OF throwing
more of the East India Cotton into the
British market than would have got under
ordinary circumstances, But tho new
from Bombay will be encour-
40 ed in England;the manufacturers will
become accustomed to the India cotton;
thevwill discover that in this new source OF
sup ply they may draw the means # not
of dipensing with the American article
at last competing with it to such an extent
as to hold fixing of the p,ice very much
in their owr hands. BY tie time that the
Chinese troubles are over, it is altogether
prohable that the production of cotton IN
India will have increased four fold beyond
its present state.-[ Bait American.