The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-04-06
TToN INTo 0RrAr RRrrArr.

AT INC close OF the last war between this country and
England the importation OF cotton into Great Britain
the United States was about fourteen hundred and
ny thousand bales less than last year The consump-
ton Of cotton in Great Britain in s4S was about twelve
hundred thousand bales greater than in 1914 This in.
crease OF consumption Is immense, and every one can
readily Conceive the extensive interest that must
now Do engaged In this business All this or greater
part OF 1t, will be- in the of hosties between the
fwo countries sacrificed II will be perceived that du.
ring the last notwithstanding all the efforts made by
our prevent it, and the dangers attending
ats transportation the Atlantic, that cotton was
lmporte into Great Britain from the United States 10 an
extent amounting to very fair per cent Of the con.
sumption at that time In tie event Of another war be-
tween the two countries cotton would 70 forward to
certain extent in spite of all the difficulties and dangers
tnat would be experienced but it would be impossible
y ger mold OF any quantity, coming anywhere near
inc Per cent Of the consumption, obtained during
tns last war The cotton manufactures Of Europe gem
orally, and Of Great Britain in particular would there
iors, be ruined and the great number Of operatives
who are in the most prosperous tmes literally in
starving condition. would be turned out and deprived Of
all employment but what they might obtain from the
government in the army and navy. It may be argued
on the other SIDE that the cotton growers Of this country
would be ruined, as well a. the manufacturers
OF Great Britain; but that does not follow a.
natural consequence, planters have other
resources they could. to q great extent, turn
their attention and their plantations to the cul
tivstion Of other agricultural products It would
even under existing circumstances be more for the in
tsres OF the Southern planters IL they would appropr
ate more of their land to the cultivation Of other staple
articles than cotton We already produce too much Of
tho raw MATERIAL thu production 10 several hundred
thousand bales ahead Of the consumption and il Is like
~ to remain there unless general combination 10
made among tho planters to restrict it. Sometime since
conventions were held in several sections the Southern
country to devise ways and to reduce the pro-
ducton OF this staple but they did not amount much
mere was ND unison OF interests sentiments and the
whole thing fell to the ground II 10 very extraord
nary TACT that for many years past the production and
consumption Of this staple has increased throughout the
world in about the proportions that IT, the produc
no just about the per cent in advance of tina
assumption now, as it was many years ago. and has
sssn for several years past From this fact we draw the
Inference that unless something 10 done to check the
production or increase the consumption of this criticize
prices must eventually fall below remunerative point
should such result be realized 1t will matter very lit
Tie to the planters what 10 that checks the production
30 long o. checked If they should be forced into
the cultivation Of other products it will be desirable
tpng ou would be much for the interest of the
country at large and the planters in particular the
sane results could be produced by other means than
war.
hold In our hands commercial power of vast mag
niudet and judicous exercise of this power would
guaranty the peace of the world.