The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-09-29

~ 500 NEHkANH
COL MiIctsR. Permit me to give a few hois
through the coloms Of yodfrespectsble coun-
Try paper to die cotton planters Of our county,
which may not have occurred to the minds of
all of tham. The crop of l824-'95 being less
than six hundred thousand bales and sold for
q cents and brought upwards Of Al million Of
dollars,
The crop Of 1886 beeing less than IA hun
dred thousand bales and sold Tor 10 cents aud
brought upwards of 1903 million Of dollars.
The crop Of l84s-'49, say 100000 bales,
aad sold at an uvagrage of cents and brought
60 million dollars. by this it will be seen, the
shorter the crop the greater the amount the
planters receives for il every years yold for
the last twenty proves the same fact.
By a very able article in the National IN e.
ligencer Of the Goth of November, I847. tits
very satisfactory shown that there is q profit
Of $t08 dollars per Bale by those that hnndle
it aud puts in to various iabricks after it
leaves the producer. Tho Hon. Robert J.
Walker while Secretary Of the Treasury Of
the United States, put the profits at a much
higher estimate in ono Of his very able reports
10 Congress.
At an increase value Of $l08 per Bale on the
crop Of l848-'49, It will give to those who han
die it after il leaves the hands Of the producer
the enormous sum Of 29l 100000 dollars. not
over one.iflll Of this sum is retained by the
people Of the United States, and not one fftieIh
Of that fifth falls to the lot Of the people Of the
cotton.g'owing States. this at once explains
the cause of the great scarsity Of money at the
South and its abundance at the North, and in
England, the two great cotton manufacturing
countries on the globe.
While on the subjecto Of Cotton and the flu
ture prospects Of cotton planters, permit me to
venture a calculation as to the amount Of the
present growing crop, with the stocks Of the
last crop on hand, and the consumption for the
70 months ending 3lst of August, 1850, and
the probable stock to meet the consumption.
We know as the price advances the con
SuHptluH Will utCICdSC v u NIHiN1 Out AH'S "a
mol continue for any create length Of time, and
the greater the decrease is the moro rapid will
be the advance id consumption when the
change takes place, as there is 10 other article
that can como IN comPHtion with that oil
cotton for the various labficks Of cloth at 90
or @5 cents per pound and as such great de-
crease in the CONSUMPTION will or its SELF soon
remady the evil. Capitals with tho aid and cry
of Rotten potatoes in Ireland, and Rail Road
stocks in England may through trade out Of is
proper channel for a short time, but the supply
and demand will soon overthrow them and
fetch prices to that safe point that the demlhd
will Justify.
There could not have been exceeding three
months consumptio Of cotton on the contin-
ent Of Europe at the coming in Of this month,
(September) and under no instance can tho
consumption of cotton be reduced under 10
per cent. per annum for any length Of time;
and each planter can judgc for himself The prob
able amount Of the crop of l349 that can reach
Europe by the LIST Of December next. If the
consumption goes OH for tho next 70 months aa
ii has for the last 8 months, it will reach UP.
ward of three million of Bales, via:
ICunsumntiun OF Great Britain, (bales1 l.7001 0nl