The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-10-07
EOreaUn Extracfs.


EAST India CoTToN AND SUGAR.-The Committee
OF the British and Foreign Anti-Savcry Society
| nave presented to Sir r. Peel a document contain
| ing their opinions upon the national advantages
which would accrue, If the government were to en-
courage the growth and importation Of East India
cotton and sugar
After speaking Of the dependence Of England for
ner prosperity on foreign countries inasmuch as
they supply her with materials for manufacturing
cotton wool and other articles they say: "To show
the nature of this dependence the following statis-
tcs are gwen with reference to cotton wool, al
though similar statistics might be given in connec-
uon with articles of equal Importance such as SUI
gar, lnseed, hemp, &c. Ia 1926, the imports OF
american cotton amounted to 356, 6lS bales in 1880
Si2 64 bales IN 1885 to GIG SIS bales; in 1910
100 O25 bales; in ls4l 9S3 $50 bales in 1912 to
96i al bales 1913 to 2S6 233 bales and In 1874
70 ,l5S,3S bales. THIS prodlglous increase in the
supply Oh cotton wool tor the manufactures OF this
country, however advantageous it may have proved
nithero, IS no guarantee for the future and perma-
aent prosperity OF that great branch OF national In
dustry" They then show how war with the Uni
'ed states would paralyse all their operations, and
dependence should no longer exist, as British India
can supply them In abundance, and quote from Mr.
Gadstone's speech in the House OF Commons, to
snow the vast amount OF capital engaged in the ma
nuIdcturlng interests, the immense amount of slave
produced cotton that is used, in comparison with
tnat the produce OF tree labor. And how deeply In.
tsreseed manufacturers ought to be on this subject
Iney then go on to show the interest the mercantile
between the seller and buyer. ssHe seeks market
or MS goods, and the United States at the present
lne Is one oil MS best markets. but he is subject 10
many grlevOus disadvantages and drawbacks Two
may DC commemorative American tariff which Sc.
rlously limits his sales, and places the balance Of
trade against hum, and the employment to vast
extent OF British shipping in the carrying trade be.
tween the United States and Great Britain
AND py statement OF the imports and exports
from Great Britain TO the United states, North Ame-
rlcan colonies and West India Islands in 1870 they
show the actual balance OF 81 900 dollars TO have
existed against Great Britain that year. and an ex
cess oil 2,075, l06 tons American shlpplnp TO have
oesn employed during that year. The effect Of ali
ms may be seen In the facts that in 1892 the amount
d cotton wool consumed in the u. States was onl,
l9z Az bales, while In 1884, amounted to 3l674l
bales. From THE, they argue that not only is the
market OF the United States becoming restricted to
the British manufacturer, in consequence Of then
rislng manu!actlring powers, which consume her
own cotton wool, but they also fear that English
manufacturers (who are entirely dependent on
America tor cOton) will shortly find great rivals in
the Americans in the markets of the world This
competition they say, could be met, and the dlsad
Santages overcome by relying on their own re-
sources. II British India could be made the source
of supply to England OF cotton wool, "British ship
ping, instead OF American, would be employed in
the transport OF merchandise both to and from Brit
lsh india The amount of tonnage employed by the
United States, with this country is reckoned al
nine-tenths OF the whole. There can be little doubt
that when these facts are fully known, merchants
and manufacturers Will be equally anxious to draw
the greatest possible extent, as mere question Of
profit" They then 60 on the philantnropic view Of
the case, and say that bringing the cotton Of British
India into competitor with that the United States.
would 60 far to annihilate American slavery. also.
that low I" upland cotton IL now selling (6d.) it