The Arkansas banner., 1849-12-25
Cettsn.

The following very intsfestlng article from the Lopden Chronicle givss conclusive proof thas tlse experiment. 10 Easa Insix cortoa hes failed. We dread no competition in that quarter asd we may defy ii ia any part of the world What deep ia- leress therefore hasEreat Bfitasa in the prosgeFy of ths spa;hern sad soushweslsFn States ef this ion asa how assriy osght they 10 be cherished by the North The very staple pf their Rrssisss maaa fscturing fabric 9eDends apon them, Wbst would be their casaitsan fl tae Siaaes were net boona f- gsshsr by the bonds of n6ien oT If, ty Aay depio- tabe event in he shaPisr sf accs6ents he sshsg of ths cotton callvaton shonid bs sasPsBded, and tae South injured e Jamaica has been, by precipilnfs mOvements Cotton bus e5use to bs one Of the great clements to hia6 civised and commercial comma. mites together. he vi5FatiaD ef ths market, and the qasatty raised every year, watched abroad wiih intense anxistJ by the msaufaetarefs. Every State which BaBGsaetures or exports This prpeioas article should. cierish Had stFeHgtnea, not in the slightest degree disturb. She hoy boaa that ba together the unien of thss great and prosperous fsueracy:
 Wsrezret te notice ths failare and abandonment of the experiments ia cotton cultivation that have been carried on auder Dr. Wrehs's sapsrinteBdance at Madras. This enterprise. which had for its oa- ject the production ef article less paipably infer to the cotten of America than the present bndy picked aud indifferent Inafza eommoaiiy, was Eeal- ously and even iavsbiy supported by tbs local got efnment; but the iafe failafe of a similar expeFi ment ia Bengal. ter outlay Of about < i09, ,u00. had already giyea fsir warning of the probable issue of Dr. wrighrs efforts in the sister presidency.- Considered az a scientific attempt to improve the cultivation and the mode of cleansing heretofore practised in Indla lt undoubtedly Interesting, and may possibly. have already exercised beneficial influence. But if il wss prompted by any hope of restoring cotton 10 the place it held in the ex port trade of India, sorry say that pro- lect could well have beeh more ehimeFicai. The changes effected in the Indian export trade wtiin the last half century. far too significant admit shipped to ths country cotton goods 10 the value of three mLi0us aterlingn fact t paid its tribute ia cotton At the present time. he process Is exactly reversed and India imports British manufactures uf Ameresi cotton to the same arHoABt The causes which have consPired to produce tAs result were irresistible. Ia the hrst place. the inveniions of Hsrgreave aud Arkwrght soon rendered liar cheap for the Indian consumer 10 purchase British fab rics thsn to them himseii. In the next place the capital and mecbaaical skill which. since the introduction of whitney,s saw gin. Ia l793, have been brought 10 hear hy the Americans on ihe cleansing of the pods, have given their product an excellence which inc Indian planter eaHnoi approach. The Eesais Eas been depression Of Ihe trade, and extension of the other prodigoas that. in the words oG Mir. M'Cutloch. |" there is nothing in the history Of industry 10 compare with it, unless il he the growth of the manufacture Ia this country. In l7so, America did not export a single pound lR 1894, she exported mnch all the rest of the world put together And in lsi6, cui of 467 S56. = 2sI lbs imported iato this county 90 949 93 lbs. from the Uaited States, while only 34 ,546 I43 were supplied by the East ladies and Ceylon
 .. Already opium, indigo, and. in 8 minor degree, sugar, have almost entirely taken the place of cot ton smosg the exports Of India. \ he there Is a yearly export of the first of these products is the value of ihrre millions, Of the secoHd to upwards of two millions, aod of the third to nesry milton and baf the total value Of the cottoa exported in sl5 fsem the three presidenoies does mol amount 10 It11,0 And now the failure ef the experiments ussde by the governments of Bengal and Madras, with every appliance of skIi and capital 10 ihsars sacress, will at any rate render il textremey dubious whether cotton be fsied 10 resume its raak among the great staples of ta@ia"
 So iportant is tbis great staple to the prosperity Of our country, that tue rise of two eents In ihs pound is estimated by the New York Herald io pro suos twenty millions of doiiars.- WasA. UHs9a.