The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-11-07

The following very interesting article from the London
Chronicle gives conclusive proof that the experiment in
East India cotton has failed We dread no competition
in that quarter and we may defy il in any part OF the
world What deep interest," therefore. has Great Brit
ain in the prosperity Of the southern and southwestern
States OF this Union and how dearly ought they to be
cherished by the North The very staple of their great
est manufacturing fabric depends upon them. What
would be their condition il the States were not bound
geher by the bonds Of union or il, BY any deporable
event in the chapter OF accidents the labor OF the cotton
cultivation should be suspended. and the South in
ured, Jamaica has been, by precipitate movements
Cotton has to be of the great elements TO bind
civilized and commercial communities together. The
vibration OF the Market and the quantity raised every
year, are watched abroad with intense anxiety by the
manufacturers Every State which manufactures or ex-
pos this precious article should cherish and strengthen.
not in the slightest degree disturb the holy bond that binds
together the union Of this great and prosperous confede-
racy:
We regret notice the failure and abandonment OF the
experiments in cotton cultivation that have been carried on
under Dr. Wight's superintendence Madras This
prise, which had for Its object the production Of an ar
Gle less palpaby inferior of America than the
present badly-picked and indifferent Indian commodity,
was zeaoasy and even laSshly supported By the local
IN Bengal alter outlay Of about flooooo had already
given fair warning OF the probable Issue oil Dr. WlghIs
efforts in the sister presidency Considered as scientific
attempt TO improve the cultivation and the mode Of
cleansing heretofore praised in India, It was undoubt
eddy Interesting, and may possibly have already ex'
ercised beneficial influence. But II Il was prompt
ed by any hope of restoring cotton TO the place u
held in the export trade Of India we sorry TO
that project could we'll have been more chimerical
The changes effected In the Indian export trade within the
last hall century, far too signicsn 10 admit OF
doubt that head Fifty ago, India shipped 70 this
country cotton goods to the value OF three millions
in fact paid It's tribute In cotton At the present time
the process exactly reversed, and India imports British
manufactures of American cotton TO the same amount.
The which have consPred 70 produce this result
geave and Akwrght rendered lar cheaper iof the
adan purchase British fabrics than to weave
them himself In the next place the capital and mechanical
skill which, since the introduction of Whimeys saw GIN in
1888 have been brought bear by the Americans on the
the pods have given their product an excellence
which the Indian planter cannot approach The result has
been depression of the trade and extension OF the
ohe prodgious that, in the words OF Mr. MCuiioch
there nothing the history of industry to compare with
it, unless be the growth oil the manufacture In this conn
1884, she exported much all the rest OF the world
put together. And in 1886 of 467 sos IA lbs imported
into this country, 4Oi $40 393 lbs. from the United
States. while only 3546 las supplied by the East In
Already opium, indigo and, in minor degree, sugar,
have almost entirely taken The place OF cotton among the
products the value OF three millions, OF the
second upwards OF millions, and OF the third 10
million and half the total Value OF he cotton ex-
ported in lSi5 from the three presencies does not amount
10 And the failure of the experiments made
by tue of Bengal and Madras, with every
pance of skill and capital 10 insure success wan az any
extremely dubious whether cotton be lated 10
| resume its rank among the great staples OF India
So important is this great staple to the prosperity OF
country that the rise of cents in the pound est
mated by the New York Herald 10 produce twenty mil
lions of dollars.