Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1842-07-02
From ths Rlchmoad (Va) Wing.
AMERICAN INTERESTS, NO. III.

The question Of freq trade which has been 50
much discussed IN England, has validity and
not the slightest ingredient OF sincerity, from the
time Of Mr.. Hlskisson TO the election which took
place last autumn. Mt measure has been, or
will be. adopted by tho British Parliament, that
will affect n single British interest.
IL is upon her colonial possessions IN Inc last
that Great Britain rests her hopes OF sustaining
those mighty interests which are tho iohndh'oh9
of her power: power, infinitely greater than that
Of tho Roman Empire IN Its palmY days. 1t TO
the East and not 10 The West Indies, that her
skill and capital is now directed. In the former
colonies more than 100 millions OF people are
dependent on British power, capable too OF produ-
eng every article that is brought from the West
Indies, and at much lower prices. A field hand
can be hired in the East, for less monoy than il
would cost 10 feed the same laborer m the West
Indies. Men a, the East can he hired Tor from
six TO ten cents per dav, and support themselves
How can the labor Of this continent stand up
against such oddsy
Such is tho competition between The products
Of the East and Yves, Indies that dIscriin. ma in .
duty has been maintained and must be continued ];
for example:
Coffee from Bflti.h America par' ,2e rnr pond
Coffee from British ppssesOa4 ~ East Indies, Ice per ID
Sugar from the W est indie-, - cts. per pound,
Sugar from tho East indto7, oi cts do do
50 il is with many other articles; vet with
these bountes upon the products OF the West in-
dies and the lower charges of freight. insurance,
even CUBA, the richest of them, are languishing
md becoming worthless from the cheaper labor OF
the Eas, Indies.
NV object is TO glance merely at the history OF
the cultivation OF few OF the great articles 81
consumption, and 10 show that not one country
has vet be en- able retain the exclusive power OF
producing a single important article OF general
consumption, from the soil or The loom, Tea only
excepted, and tina, article is likely II be produced
In quantity by the EpgIsh at Assam.
The choap labor of the East Indies Is at this
moment competing with the labor OF our Southern
country A revolution Is in progress. which, at
no distant day, is to burst upon The heads OF our
co,ton drawers, aud will change materially our
domestic as well n our foreign, relations. Alter
acnreCul examination of the feasibility OF pr0du-
cing tho short staple cotton IN India, there can
bo 70 longer much doubt, and as an evidence 1t
the opinions en- ertained IN England, submit an
extract or two from late BRUSH papers, selected
from many others III my possessions; and, also, Il
abatement of the quantity ut cotton, grown IN and
about Bombay for few years past.
Extract from the Bombay leicane Register, Of Sop $40
CorroS Several contracts have been made at
lower prices for delivering III Nov. and December
next when u material reduction may be looked
forward to- in this market, considerable stock
Is likely to accumulate here by that time, aud The
accounts from England will probably DO very dis
couraging-the export from hence, this year, To
Grea, Br,tnin having been greatly in excess Of
last years, rs Will be seen from mo ioiio"ing
comparative table, VIZ: