The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1844-09-12

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fghEes8 WEI lsWi ths slek u IL kinf
Cen Hbosa iusnly-6Es ahassHRd hoEs
hrs6s, whixh, Il ronsumed $50. e.
assFiy - shs,ls Gf 4 - -, I'll y.rl.
70 he Hubsh G0ssFnmsat sbout l1sng,
eIllisns q dsilns. he cay beirg ARE.
shlninGs psr posn1. o. sbesa s.shl hsn-
dsed deilsrs pr hegshss1. A. sceor
dag % lbrss tsels. - esaI0i rely Of o.
foTssKa nsrksls. lsl % fars momenI iaiE
. osl hsne malksis and ere shsI Ihsy
have doae i0r ne uIless elshe sol 10 eve,
~ asarasr lor The last Isslss n0uIhs. Il
consequences q he ssl.tsay opsEa,iOH q
The TsnT q lsi2. ne hoae narksIs 81
al lhs produsls a The earth have been En-,
ieaded. snd have hfen Era year Pasl sne
are now higher han foFsiga EaaEkea. IN,
sisad u about lhrre ksnired ihoussnd
car osa nshSisetussrs base t.ksh lol
ennsunpiion about foer hopdssd lho0saad
bales &c eoilgn. Of % sssgsgs q sboal
alma cents per poBDd-a falr portion hss.
ina bssn bopg daring he 6rsllogr mouths
q The year = prices a high a. trn and
eleEsa esais. and sbils snses. xerefrop
twesiy % thisly per cent. loser in Eu-
Eape. And. even nos. whsn prices have
declined materially in this eaunuy, o.
ing to great decline in Earapr and o. lar
Ger crop Than Mas a. one period abtielps-
Ted. DOR prices Of I'll descriptions Of COT
Ton are sbose those az Any marksi ont oI
his country. These farls show The vast
importance Of fostering our msnufseIuIes.
II This eocniry had during he lssI twelve
months eonspCled * bI hundred lhou.and
bales Of cotton instead 10 bali that qusnli
~. the planters would have obtained more
than an average Of nine cents per PoUEd;
and Il aps, be equally apparent 10 ell
practical men that one hundred per cent.
increase IN The consumption CT cotton
would have 10 the same ratio increased the
demand for osher products al The col. aud
consequently prices Of them would have
advanced Materially. The crop Of cotton
Of 1872 wa. about Two m,lian f0Ur hun
dred ihonssnh bales: the crop Of 1913
cannot be saown ull lhs close Of this
month, but il sill be about Two million
and fliiy thousand bales; and The pending
crop may be pot down Al from one mil
lin eighI hundred thousand to two mil
lion eve hundred Ihousasd bales. accord
ing 10 the setlher for the residue OF The
season. These crops have proved too
Iarge Tor the consumption If Europe. and
hence the pressnIlsrge supplies there aud
Low piices.
THIS country, without aid lIom Texas,
10 capable Of ,ufning GU, .. leas, three
billions Of bales Of cotton. which would
be vsss deal more than al The world re-
quIres. Now, suppose our bagalelle ihir.
iy-two per cent TsrE sboli-hej.. aud
Of course the home consumption OF cot.
ION cut oE. do not the planters clearly
loresee a decline, and probably . nate
rial decline, in their staplei In such q
state Of ihines. Gea, Bn,sin and ,he Con-
linsnt would fix The price, AMI Ok il so
Low that the consequences Mould prots
disastrous 10 oil the planning Safes.
Nov. il free traders, whether they live
in tie North or he South. the East or the
West. would predicate their srgumsnlup
on lacis sud agofes, and ihsow ASIDE The
ories and distractions, can il be doubted
hat they would, yea. every man Of them.
concur With Us in The confident assertion
that tariffs do not raise prices Of goods,
foreign or domestic; but iha, tariffs do Sc
iuslly raise HE prices Of all the products
Of the soil, aud .. the same time give em-
plcymeat in mary branches Of industry
10 those who have no soil 10 cultivate!
There are such small quaint les Of gain
and faur exported TO Grea, Britain that
they are scarcely worth speaking Of; but
Of the latter We WIN say sno her word.
For lie las. year the price Of tlnuT in this
countrv, on the sssbosrd, a e ag~d from
four dollars and CITY cents to f, e dollars.
whilst shipments to England have not
gentrol!y melted more than about three
dollars and fifty cents. aud the last quot.-
ton tplnsieen rhihngs netis only about
three dollars per barrel.
The recspi!ulstisn Of these truths
shove. conclusively. that the Tsri9 Of
1912 Is beneficial TO The 1ho.e country.