Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1850-01-12
To The Hoaorable FRANcis S. LYON,
Demopolis, A.
I.rvrRpooI- Noy DAD. IsAg

LIVERPOOL Nov DID ls4y.
DrAr sm;
Having bsea locker on here IN "Veh-
ice since August last, and entertaining deeI
so,ieituds for and sympathy with The producers 0
our great staple 10 the U. s., am Induced to Of
Ter 10 YOU aud through you to the parties imme
dately inieresleda few suggestions, which il prep
I erly acted upon, must have AZ important, and
think an eHsctua influence ia producing uniiof-
nifty and certainty ia prices. The CHEF cause
Of depression ia our markets is that fatal and sui
/ cidal practice Of throwing the whole crop into
the markets in ; or months; this is nothing less
/ than being bound hand and loot and delivering
yourselves into the power Of your eHecuIioners.
I The deliveries of Cotton into the several Ports
from New Orleans to Charleston for every week
and a comparative statement Oithe corresponding
week Of the previous year, is regularly posted up
in The Exchange News Room every week, aud
these people consider every bale so delivered as
their legitimate prey, particularly when YOU reg.
ularly from year to year glut the markets in De,
cember, January and February, crowdng your
Factors tables; and pressing sales, when by
chance, the article is little up, when common
sense and reason should leach you that this is the
very thing that buyers like to see. Recolect that
there is not only in Cotton but in all other trans.
actions wide difference "will you buy?" and
Evil you selll"--irom the days ofSolomon to the
present the cry of the buyer has been, "it is
naught, it is naught;' how much more then will
it be he case if they have market filled 10 re-.
petion. Keep your Cotton at ho ne, withhold it
from the market especially in those months and
ony send il forward as i is wanted, don't be a.
fraid Of its falling, nothing can make II do so, bu,
this gut in the market. For series Of years
past even those OF greatest depression, Cotton
has always been worth ten cents, and Il would
have been insured to the Planter it it had been
held, and venture the assertion that there is no
investment that would pay as we'll as Cotton with.
held from the market at periods Of depression.--
Again Cotton has within the past year been
pIac, d upon much higher and more certain ba g.
sis than ever before, and my firm conviction is
from all have seen and learned here, aud that
with reasonable degree OF prudence On the part
Of producers, in Withholding their crops that pr'
ces may be and will be maintained at an avera &c
OF 10 TO l2 cents for years TO come; there is not
one good reason against it, while there are ma
nv IN its favor. The successful introduction Oi
steam navigation by sea has opened up vast mar
kels for Cotton-goods unknown to the world a,
consumers of our fabrics q lew years ago; when
you Il we're boys no young lady cons dered her
self becomingly dressed for a ball or wedding
without an India Muslin Robe--now India and
the Braxils are considered the most important
markets Tor all kinks of Cotton, goods tfom Eng
/ land France and the Continent now take fully
halt as much ofthe raw material as England does
and they are urging forward and increasing thell
manufactures with great ardour, and see tina
the Southern States are being awakened to the
Importance Of this subject God grant that it ma,
continue and extend. Instead OF increasing you
culture, invest your surplus in manufactures, thu
rendering your Cotton crops secure OF gooc
price and at the same time large profits from tn
manufactured article; another reason why thinl
prices will be maintained in future is that con
sumption has overtaken the production. Th'
surplus stock OF American Cotton IN Liverpool
was sos, 100 bales on the 3lst of Dec, lS45-
the stock reported last week was only 2la,5 IL
allowing the average weekly consumption Tor tn
remainder OF time, it must be reduced 10 or eve
below 100 geo by the Dist Dec. next, with tn
certainty of the incoming crop being very den
cient. Indeed from what saw aud knew Of tn
crops before left the United States. with what
have heard since, should moi be surprised Shout
il turn out even less than that OF 1916 which wa
LIS, 65l bales, should this prove to be the cast
or the crop not reach much above 2,u00,0OO, a
who hold to their Cotton will get well paid 70
il before May or June next. The wants OF tn
world require three millions of bales at least, &c
which il is mainly dependant upon US, lor all III
boast Of Indias, Egyptians, Pernams, Snrats, Pa
estines, &c. &c. and "other countries, that the
parade so ostentatiously before the publc,amoun
in TACT to nothing--many Of these bales are nc
larger than good plantation meal bag and ho
about as much. Having glanced at the impoI
lance Of pressing forward our domestic manua'
tories, allow me now to give YOU an extract iro
a work OF Mr. Burn on the Statistics OF the 20
ton Trade, he says, ''he value of the whole e'
port OF British and Irish produce for the last tire
years has been as follows: laI4--G50,64S, 30'
45--E53 29s,026; '46--E5l ,2l9 735, OF whic
Cotton manufactures and Cotton yarn iormt
eos, sos 1885, E26,ll933l; f25,60O,693,
! that one hafthe value OF fall our exports conss
Of Cotton manufactures, and not more than on
third or one fourth of this large amount aris'
from the cos, of,he raw material which we pr
to foreigners, so that the remainder is actually q
richng our own country through the skill and
bor of our manufactures and factory Oper
. tiyes."
y Comment upon the above is unnecessary!
l. We and do likewise, remembering at the san
e time tina. tho first next best thing TO cash is &c
d ton, next to this Mules and Jacks to spin il in
u yarn, and that when Cotton is low in prce,not
ing will pay SO good or so certain an interest
n being kept. Don't think that cd Cotton is Ii
!, saleable--quite the contrary-there was lot SO
+ here a week or so ago, that had been in war
9 house here since 1925, and u party privy to Il
" purchase told me that "it opened up beautifully
a Oh, no, don't be afraid, bale up Cotton and Il
. Il away AS carefully as bank notes until callt
u Tor by demands trade at remuneraing price.
L above all things keep it out ofthe markets
to much as possible during the months of Decembt