The North-Carolina standard., 1849-11-21
COTFON-SLAVERY. &c

We:invite the attention of our readers to the fol-
lowing sensible article from the New York Herald,
in relation to the Cotton Trade, the South, and the
institution of Slavery What the Herald says in
gard to the manufacture of Cotton in Georgia, will
apply with equal force to this State. Our people,
glad to find, are going into the Cotton Manu-
acture with hearty good wiil-with the determine
ton produce their fabrics of their own raw
material, and thus the time to relieve them
Selves this extent at least from their dependence
on Northern Factories. The Herald's article is well
worthy of perusal and considerations
sTHE CorToN TRADE-THE SOUTH AND THE IN
sTITUTIoN OF SLAVERY. OF the late intelligence from
Europe, the item of paramount Importance to the
commercial world, is the report of advance upon
cotton in Liverpool of a halfpenny per pound 1t
will materially affect the purchases, sales, Shipments
and estimates of merchants and planters throughout
the country Our importing houses are perhaps now
realizing advantage from it, in enlarged orders
OF goods for the Southern retail trade for according
to the price of cotton the planter graduates his
sumption OF imported articles, and makes his local
advance investments, governing the purchases of
his neighborhood. An advance of halfpenny per
pound upon cotton, is not, therefore, confined in its
advantages influences to those dealers with large
supplies on hand, but affects all our commercial and
Industrial opeationS-atfects the labor of the girl who
us her fourteen hours per day in the factories of
the Merrimac, and rules the allowance of pin-money
of the belle of Broadway. 1t enlivens the song of
the driver the Erie canal, and sends Jack dav
earlier on board ship at Mobile. 1t operates on the
exchanges in Wall street, and its rippes extend into
the heart of the mountains, and the workmen in the
coal mines feel its effects before they learn the cause
1t rules the investments of the planter-the value of
his propery-the capacities of his crcdit-and affects
the banks and public works of his State. Such are
the influences of the price of cotton in Liverpool and
such the effects, to extent Of the advance of
halfpenny per pound.
But the cotton trade opens wider field of view
than the temporary fluctuations of the market.
The material is the great staple of oureSp ports
the manufacture Of the article prime source of the
Subsistence, wealth. and power of Great Britain. The
exchanges of cotton between the two countries, make
the bonds of peace between them the bonds of inter-
est. 1t the cotton trade which settled the North
eastern boundary and the. Oregon question: and will,
doubtless, secure another compromise in the Mica
ragua controversy. Such its effects upon the III
ternationa relations and commercial and maratme in
terests between the two controlling commercial and
maratime powers of the earth.
The introduction of steam into ocean navigation
has given new impetus to the cotton trade, and is
rapidly extending it in every quarter of the world.
The exports of manufactured goods from Great Br-
tain increasing in the ratio of the increase of the
population of her colonies, and with the demands of
the new markets opening in every Inhabited corner
The fields of snow-white cotton which year ago
the traveller admired he ascended the Mississippi,
near Baton Rouge, will, by the next season, have
undergone curious transs and transformations.
will have crossed the Atlantic, passed through the
mills of Manchester, and will have traversed, 6
tour dI mOnde,'' the sinuosties of the exploring
pedition. The almond-eyed women of China, the
convicts of Botany Bay, the eannibas of New Zea-
land, the dusky Queen of Tahiti, and the sun-burnt
gold digger the Sacramento, might be traced out
the wearers and consumers of the crop of that
plantation at Baton Rouge. With the opening of the
communications over the isthmuses of Panama, Nj
caragua and Tehuantepec, our domestic Manufacture
will reap the largest benefits, and enter, more
equal ground the competition with the mills of Man
chester with the completion of the contimentaLra
road San Francisco, the bulk of trade will be
In the meantime, the demand for the material
in England has increased beyond all antcipatons.
The free trade system of Sir Robert Peel, the good
crops of the last years Great Britain and the
contributed with the opening of new markets and
the increased consumption of cotton goods every
where to render the demand for the article fully
equal to the most bountul crops of the last years.
From the best exhibits and estimates it appears that
the cotton crop of the current year cannot exceed-
For the United States : II l2,3O0,00 bales.
Estimate of imports to Liverpool from
Brazil = = -5ars s#sa =. astta Ioo,lOO !"
Peruvian do .1ss - .a1-5 F., --s.ys ,896 ss
West India, Carthagena, &c 4,I62 s.
Egyptian do ''a .@s,4G tE,-a1a 1880 .''5
Fast India do ozaz .zas .-a. ss. ,sea sI66, ,022 s.
Stock on hand in Great Britain, Dec. - ssa
81, ls4s. 100000 g
Total Il z'1sE@5l ! eesT 100000 30
~ - Esrrif4rED wEEELY CoNsuMpTloN. = =
In the u United States " = - II,675 bales.
Exports 10 other countries, excepting G.. :.
weekly exports from Great Britain 3,9s75os ~
Weekly consumption Of Great Britain 81, ,O32 80
Total weekly consumption, : - 58,794 !"
Equal to annual consutnptfono of 3, ,057 ,2sS g
~ - II m ~