Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1844-10-23

the task which we Inherited. and the mis-
sion which we must accomplish. lJihcpit
may he The achievement, too rredulous
may seem the hope Of accomplishing. such
a destiny, hut. the resources OF American
genius are fully adequate 10 ii;alt, lift will
only adhere 10 the path which',he constl-
luton has marked out for its pursuit Will
it be thus wisely guided!-Demo. Review.
From the Greensboro tAla. Beacon.
THE PREsENl L TARIFF REDU-
CED THE PRICE OF COTTON.
We find in the last Mobile Register a
table showing the prices al. which cotton
has sold in Mobile since October. 1880,
down to June past, inclusive. The prii7
ces are stated for each month oflhe cotton
season, commencing with October of each
year and ending with June. The average
for each year is also given: The crops of
lS42-'43 and 1854, have averaged
lower prices than those of any previous
year since 80. Without having made the
calculation, we should say, from giancing
over the figures, that the average. prices
fortwelve crops proceeding that Of 1912
'43 are nearly so per cent, higher than for.
the last two crops. - The crop of 1899 40
was the largest ever raised in The United
Slates--lhe average prices that year for
..inferior."'. and .good fair" and all inter-
mediate grades, were 81 81 cents; for.
lS42--'43, The averages were. 81 as; for
for lSl3-'44, 61 a,ss. Now;ihe difference
in price between either Of the two last
named years, and any other from SOTO
The -plesepl. .ekcept 80 and 40; is .proba.
eragc difference FOR Tue rwerrc--yr;,nrrvlv.- yyrnrvlv-
is near 50 per cent. So .,.i,, q:
No man can examine this table without
being fully convinced thai some powerful
cause has been affecting the price cot.
ton for the lasl TWO years. The only
question IS ,ohat IS that cause! Some
dear friend Of the presen, tariff. replies,
thai The Two last crops have been heavy.
We reply that several crops comparatively.
large have been grown since lS30,-We
therefore reject his answer as. unsatisfacto-
ry. We are. aware that abundant crops
necessarily affect prices, provided the de,
mandf or cotton has greatly increased
within the last fifteen years. The increase
in the demand hasbecnIwe have very lille
doubt, as great as the Increase in the sup
ply. The demand has not only been in.
creased by new markets that have; been
opened for cotton goods in different parts
of the world, but by The neiO asses 10 which
cotton has been applied. a heavy article
manufactured of cotton is found TO answer
for sails in place of Russia duck. the arli-
Gle generally used until within. the last
few years,--lhe quantity consumed in this
way is considerable. Cotton has. also
taken the place of linen for a variety of
purposes. But as The present tariff impo-
Sc sdulies SO high upon many articles man.
ulactured Of cotlon in England, that the
articles cannot be imported into the coun-
try. as natural consequence England has
less use for our cotton-:she therefore buys
less Of US. tThis fact is clearly established
by table nov before us. Again, The
prices OF cotton manufactures having ad.
vanced largely in Ibis country since The
passage of The present tariff, as q :s5natura i
consequence, fewer cotton goods baye
been bought and less cotton consumed
than would have been in the same period
had prices OF the manufactured article
been lower. II requires no argument Z
prove that when goods Of any kind sad
vance. The general ability: of The consume
remaining the. same, ho has TO buy less
J Ii beine'irue then that high Tariff dimin
5 ishes both the foreign aud the home de
8 mand for our cotton, it follows as a natu
!, raj consequence, that it reduces the pric,
3 of the raw material. Phaithe act Of a;
2 is high we presume 10 sane man in Iii,
$ country who knows any thing ofit-(pro
!. bably excepting Mr.. Clay,-for be says il
: one of his letters designed forihe South
. tha, bewas never in favor Of what he. re
9 sarded as high tariff. and in a receu
e letter. designed for The North, hoyapproye
e the present law)-will pretend to deny
y Nor 10 do we think any sane man ca
I give the subject proper reflection, @iibou
being convinced that Tie present tari ha
!. reduced the price Of cntton. @
!, The Greenville Mounlainneer ofthe | II
!! ins,. saws, I'VE understand thai Col,
i u G; rasirh od tho nff ca of ~ y,