The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1849-01-24
Cotton.

Cotton.
We recommend to every planter the careful
consideration OF the following article from the
Mercury of the 18th instant
THE FonErcy NEws.-We give, this morn.
inc. copious details of the news ny the Amer''
ca. The political intelligence, especially from
France. is interesting. but i, is in relerance To
the aspect of commercial affairs, and more par.
ticularly as regards the prospects of onr great
s,aple. ina, it is important to our readers. As
we anticipated, the intelligence is favorable.
The dates to the 29lh December show that The
imports into Great Britain TOR the year were
as follows: American, l,314.O0O bales. against
s74, 900 last year, or an excess OF o0O'ooo bales.
The deliveries OF American were l,2ls,OSo
bales, against $4,000 bales, or an increase OF
3o2 600 bales. The stock remaining on hand
27l 900, against 100000 last year. 1t would
thus appear that notwithstanding an increased
in,port Of 500, 600 bales of American, the stock
left on hand at the close Of the year shows but
the small excess of $4,000 bales! TO place
these important facts in stronger light, le. us
add 10 he imports of this year, say l.374'OOo
baIos. the stock on hand at IFS commence meni
1872 600 bales, which will give supply Tor the
wear of | ,6O6 900 bales; and deduct from this
the stock on hand January l. lS49, OF 212,oO0
il shows the consumption in Great britain: nor
the wear lS43, to have been ,334 ,00o ba!es'
or within 10000 bales of 'he entire import -
| Tn, import and consumption OF all oihcr ne.
scyip,;ous, say Brazi, East lnhia, West Indian
and Eovptian, has been perfectly stationary,
amounting TO bu, $4,000 bales, in total i'm
MORT mort Of ,7se 900 bales, and 277:OOo bales, in
a total livery of $4,000 bales and CORES
ponding almost precisely with what it was 'be
previous year.
We adtiuce these facts particularly to show
how absolutely dependcndl Great Britain Is up
on this country for her supply ct The raw mate
RIAL The knowledge of this fact is most I'M
por,ant to our Planting interests, as 1t may en-
courc oe them to demand such prices as will re-
n,up,rate them tor their labor. Those bal
,hcv have recently been receiving, it continued
.,p+s. e.,tei the Ottt.tt pis'rtr7ro
tic States 20 abandon the culture, or will soon
effect their ruin. lSe price of Cotton is an
anomaly in the history Of Commerce. Fol
successive years facts have shown that, not
wi,hstandlng the Increased magnitude OF pro
duc,ion, the consumption has not only krP'
pace, but has gained upon it. And yet, inter
woven as il is with The wants and comforts %
every civilized people, an article ofprime ne
cesy, we find the producer of it not only not re
muncrated. but unable TO obtain a price lha
will cover the cost OF its production.
1t is not our purpose to encourage the hope {"
expectation ofany exlravagant rise IN the prices
OF cotton, but that there will be an advance OF
those that are at present ruling VIC c"ntiden'',
look for. And we think that we are fully s'Is
taincd in this expectation by the FACTS as de 'el
oped in the accounts by the America 1t
Great Britain. our largest customer, they be-
gin the year with moderate stocks, and an IN
creasing consumption, which, il would appear
wouJ be almost imilablc at low prices.-
Money is most abundant; the manufacturing in
,erests prospering, and The belief contldentl,
EXPRESSED 'that the season of gloom is gradual.
clearing away; that the turning point is passed
and that the capital of the country is once more
in state of accumulation" The affairs OF tht
continent are also settling down more tav"rabl
for the maintenance Of peace; and tranqu'lIt!
once restored, The demand for cotton from tha
quarter will be greatly increased Add to lhes
indications from abroad the rapidly increasing
consumption at home, and We think il must b.
admitted that our anticipalions of better price
and better prospects TOR the Cotton Planter, ar
not without plausible foundation.