The Yazoo Whig and political register. (Yazoo City, Miss.) 1840-1842, 1842-08-26


ian address to the people Of Mississippi
IN an Argument abounding in bold, vigorous
and substantial truths, which will shake this
subject to the very centre. Z: a.
ron rue YAzoo wHle'
AGRICULTURAL LETTERS FROM YAzoo +
SWAMP, NO. II.
In my FIRST letter, merely indicated the.
general outline Of the plan proposed to
pursue in these numbers,-and limited that
changes in collateral or extraneous interests
had not been followed BY corresponding
notifications in the management Of cotton
plantations.
The cotton market Of the world is in
very different condition now, from what il
was ten years ago. Whatever may be the
causes, it is certain that the face Of the
market now presents Io-lbe planter the most
gloomy prospects Of such production as
our plantations have furnished in time past.
/ mean for such proportions Of the different
qualities Of cotton as have generally been
made in the South. The cry from every
7 quarter is, that the superabundant quantity
. grown--ihe great increase in production
: outstripping the demand, keeps fun nal
ready OVERLOOKING market, and consequent
depression in prices. This is only true with
c some qualification. ] think it is scarcely
g hazardous to say, that, within the last ten
5 years the increase of production over the
e ready demand has been confined nearly, if
E not exclusively,to the 1O,Cer qualities Of the
3 article. Look al the market now, and see
If if it is glutted with cotton of the fnerquali-
I ties. Nay, is not the market of the world
sr comparatively OF reasonably clean OF fine
E. cotton, or Of such as viii range above the
e middle qualities? The market Cor fine cot
in ton is scarcely we'll supplied, while of the
of middling and lower qualities it is gIutteC
a. anG cramnIed to OVERLOOKING. This state o
i'd things las been coming round gradually
step by step, for years past, and at the pre-
sent moment it is more conspcuously th'
] case than atany formerperiod. WHhsligh
qualification it may be said, that, for the las
FIVE years the market Of lew priced cotton
raj has been CONSTANTLY filing up, while that 0
ry the finer qualities has been clearing GU
Dts with as much regularity, il not the same
as rapidly. Look at the dispropOrtion in pri
coa now compare wirtI II TIve- years ago.
ID Two qualities Of cotton, separated but few
sh- shades-the one a little above, and the 9th
CT er as much below the midway samples-ar
IN separated thirty OF fifty per cent. in prices
of Prices of Mississippi cotton are separated
its hundred per cent. from each other.
at Now it is apparent, that making low price
cir cotton is an exceedingly Improbable bus
hat ness TO the planter, while good cotton sill
hat bears living price. The expectation ha
been, from year to year, with many, that tn
or poorer qualities of the crop would resusci
at tate in the maalet, and prices would &c
Opi better; but this expectation has encountei
of ed continually descending scale of prices
to which is even yet in its downward tendenc,
ese And what prospect is there Of revival /
list, that portion of the cotton market2 Non
of whatever, at least within several years of u
ers There is, according to the present and pal
ere rates of consumption, at this time, enoup
ing of low priced cotton on hand for the Who
ing of nextyear's supply, without bale Of III
of years growth coming into market. Ii h;
or not been an uncommon thing during th
set year for the consignees< of cotton in Live
ses pool, from India and other places whe
the freiglrts were high and the cotton poor,
re- refuse to pay the freight on such cargoe
as They have then been turned into The stree
- a-begging for money to settle their ffeig
ted, bills andother import dues. None Of O.
Ito cotton, i IS true, has come 10 that yet; b
re- If we continue to make two-thirds Of eve
ing crop below the middle qualities, what is TO
de- expectedG What does the market prornis,
las If low priced cotton was 4 separate al
j as distinct production, who would make i,g
s in costs as much labour, nay. more, 10 make
per bale Of low priced cotton than one Of fin
cri- The expenses of getting il to market IL
j to same per6ale, and consequently double 3
! at cent; and then Cor the former YOU will 7
am ceive half as much as for the latter. a,
j all not only this, but fine cotton can ALWAYS
Of IFeadily sold, while the other cannot: Al
may moreover, The market promises ! maintai
and ance Of prices Of tne cotton, and oillinu
the depression in the commoner arlicle.
nlre But the difficulty IS, That Ills drao s. /
ton market forms necessary por 81