The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-11-18
wanting. which had prevented any bargains being
closed. New wheat had come very sparingy to hand
The Trade In Cotton, Sugar ana Corn.


closed New wheat had come very sparingly to hand
for fine qualities of old ass to sis or had besn asked
The Trade In Cotton, Sugar ana Corn.
From the Liverpool Tmes.l
The breaking OF the protective system In this
try as relates grain the chief product of cult
walton in the temperate and TO sugar the chief pro
sset on the PRICE. and Of those
two great articles but also those Of others and
especially OF cotton which may be considered third ~
cultivated and employed by civilized nations. Some in
telgent persons we'll acquainted with the cultivation of
think that the effect Of the change in the Corn Laws will
be felt even this in the diminished supply and the
increased price of cotton and however that may be-
there can be doubt that the change will In few years
produce great effect on the price and mode Of produc
ton both Of that and Of many other articles The effect
of open the ports Of this country to the wheat
-four maize, and rice Of the whole world will be give
the cuvators cotton stass Of America choice
of crops such they have never hitherto possessed
Up to the date of this great commercial revolution. tho
thing for which he could obtain q market except cot
ton and tobacco and hence however low those articles
sank in price, his only choice to continue to produce
them to produce in their stead articles which had
no saeable value The consequence Of this has been
that we have seen cotton produced in the United
il was considered perfectly impossbls to produce
i few years since, land have also the pro-
India and Brazil in both which countries tho culvators
possessed the power Of growing sugar rice aud other
in the United States for American grain Of every kind
wheat, mare, and rices now pot only admissible at
largest
but it selling at very high prices We therefore look
uoon matter of certainty that the growth Of cotton
will decrease in the United States of America unless
its price rises in Europe to such rate win render IT
profitable to grow cotton a. will hencefcrth be y
grow grain This may appear at 6rs sight to be evil,
and in the beginning will undoubtedly be attended
with considerable TO the manufacturers Of
this country. but in the end it will prove great good.
for it will again induce the cutvstors Of British India,
cotton thu. free gu. manufsctursr. from th:r
state OF entire dependence the cotton Of the
United States SO recently s4 British India supplied
this country with nearly 900 900 bales Of cotton, and
the prices of that had continued would probably
have supplied US with half million by this time. In 1888
Brazil supped US with is7 800 bales, which has since
fact OF the very slow increase in the growth OF Gotten
in the United States themselves only be accounted
ha, o hssn prom. SNUn
great natural fertility possessing the advantage Of cheap
and easy access to shipping ports Whilst the
the growth of cotton in the United States the opening
OF the markets Of this country to foreign sugars tends
to remove all motive for growing sugar in our own CO.
lonies in preference to other articles of colonial
duce Our tropical colonies have become little else than
sugar plantations In few years, however the legala
in the East Indies and the and there no reason to
doubt that those countries will then grow less sugar,
and more cotton and other articles OF tropical produce
India has been coong rowing country from the earli
est times Of which have any historical record and
the West Indies prodused large quantities Of cotton whom
it thought impossible to grow it in the United States
The object of protective legislation has been to
change this, and 30 to improve upon the arrange
ments Of nature but like all attempts Of the same
kind il has proved to be failure, With the repeal Of
these Legislative bountes and Heterogeneous the sg
icuure both of tropical and of perats climates Will
follow its natural course to the Ultimate benefit of all
parties and increased supply OF every necessary article
especially the great articles Of cotton and sugar
which, being derived from wider surface and greater
variety Of places will ultimately be more abundant and
more uniform in supply and price than they ever could
be 80 long as they were grown in single country or
region.