Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1843-01-14

! COTTON.
The extracts below from speech in the
Senate ly Mr.. Calhoun, strikes u, as be.
ing eminentiy just and sensible, showing
as they do the vast resOurt es uf our south
ern States, and the almost abs lule def
ance We can give TO other paris OF The
world in the production Of cotton. lie al
ludes TO the common opinion that the pre-
sent attempt 10 improve the cultivation OF
cotton in the East Indies will prove fail
ure, ami quotes an English writer 10 that
effect; after which be proceeds:
Ia affirmation Of the opinion of the
writer of the article, that of intelligent in
diyiduals, well acquainted with the coun-
try, might lie added, who speak with con-
fdence that, taking price d qiality into
consideration, we have nothing serious 10
apprehend. We might, indeed, have some
thing 10 fear during the continuance of the
Chjne-e war. Tint country is the prlnci-
pal ml:ket for the cotton of HndOstan,
and while it remrin5 closed, the cotton in
tended for its market may lie thrown in
sIch quantities on the European, as may
materially depress the price. But the pre-
sent relation between Great Britain and
CHM cannot long continue. 1t cannot be
doubted TINT the former will at last sue
coed in opening the mlrket of Chm to
the commerce of the world, to a much
greater extent than it has ever been here
lofore-when, so far from competing with
us. The cotton of liindostan will not be
Sufficient to supply the demands of that
great market.
BIT am not ignorant that we must rely
for holding the cotton market on our supe
ror skill, industry, aud capacity for pro-
dlcing the article. Nearly, if not alto
gothor one,haIf of tie solid contents OF
the globe is capable of producing cotton;
and that to in the portion the most popu-
ous, and where labor is the cheapest. We
NAV have rivals evet ywhere in a belt 70
degrees al least, lying on each side of the
equator AMI extending around the globe.
Not only the far East, but all Yves ern
Asia, quite to the 35th Or even the 40h
degree of latitude, "A large por ion Of Eu-
rope, almost all Afiica, and large portion
Of this continent, may be said to lie a cot
ton producing region. When the price of
cotton rises s. high, larg1 portion of that
immense region bccrneS OAR competitors
in its pro lucton, which invariably results
in great fall of price when a struggle fol-
lows for the market. In that struggle, we
have ever heretof re succeeded and have
no fer, with fair play on the part Of our
own government, we will continue to be
successful against the world. We have
Tie Clements of success within us. A ia.
1orabIc soil and climate, q p cnty Of cheap
and, hell in fee simple, without rent, 1.-THE,
Or poor rates. But above all, we have a
cheap and eff 'jc 1t bod ' of laborcrs, the est
ed, clDthod, triined, and provided for, of .
my i'll the whole cotton growing region, !
pr VIII Sc tabor we have paid in advance. I:
say raid for in advan"e, for or property +
n orr Sdres IS bit purchased in adcaqce, !
@cy"ding the support and supplies Of the .
a5orerS, which is usually very lbe@a'.- q
With these advantages we may bid def. y
nee 10 llildoo osEgyptian labor,at its two :.
r three cents Gay. Oars being already =,
aid for, is, as far as the question of com .
clifton is concerned, still cheaper, to say :
othing of its superior efficiency, is bet :
er and more skilfIl direction under the I
eye Of intelligent propr etors,
cheap, uncncumbered land, favorable =
Dill and climlte, and greater facility and =
heRpness Of transportation to the great :,
larkets of the worIl. But this is not AL II
We have another and great ADVANTAGE :
here is not a people on earth who can so ="
ell bear the curtailing Of profits, rs the -
'uihern planters, when out of debt. A :
antal'on IS little Community of itseIc, n
hlch, when hard pres ed. Can finnish !"
lthln l'seif almost all of it, srpDlics.- :" :,
u's is fine provision country, and when g. :,
eeds be, can furnish most of is supnlcs -
toad and cl )thing from its own re !our. ~
IS. In prosperous times, when the price !,
our staples is high, or labor is a most NJ
lISlveIy directed 10 their prod Iction. s.
nd when we ireely and literally part with
'eir proceeds in exchange for horses. ~
Jules, cattle, hogs, and provisions OF ali R
'scrlptions from the West, and cl,,binc M
% al the products of the arts with The a,
Or'h AMI East; but wnen prices fall, and di
'essure comes, we gradually retire on our ~
va means, and draw our own pplies e,
ON within. =;
With these great advantages, it is not $
on .erful, that in a the g'eat str lp0les m
at we have had for the cotton m5Tkef. "
hey have been many and greut,) we h I'VE M
yer come off successful. 1t is incident 10 r
mt great staple arti;Ie, cotton, the first in
e whole circle of com nerce, to be sub
ct 10 extraordinary vibrations of pr ce
ON the causes to which have alluded :
onet'me prices are highland profit great, y
III nj .,tInr ln,,, md thn LII