The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1850-01-16
1,664,309 or 332,S6l

Oar average annual imports from all other
places, except The United States, were during
the last five years 1888 bales less than those
of the FIVE years which ended in 1899, and co..
600 bales less than those of the five years end.
ing 1874; whilst our exports Of The raw mate.
rial during the last five years have increased
$4,000 bales annually. This shows anything
rather than an increasing independence of a sup
oily from the U. States. Our imports from the
East Indies alone have fallen off $4,000 bales
on the annual average Of the last five years.
Our imports from the United States have in
creased on The average of the last FIVE years no
less than 1900 bales.
After long array offgures and calculations,
with which we will mol weary onr readers, the
well.nformed Editor of the Economist arrives
at the following conclusions:
l. That our supply Of cotton Excluding the
United Sta,es) has for many years been deci.
dedly, though irregularly decreasing.
2. That our supply of cotton from all quarters
Gncudng the United s,ates) available for home
consumption, has Of late years been falling off
at the rate af 1000 bales per week; while our
consumption has been increasing, during the
same period, at a rate of 5000 bales week.
3. That the United States is the only coun.
try where the growth Of cotton is on the in.
crease; and that there even il does not increase
on an average more than three per cent. per
annum, $4,000 bales annually, which is bare.
ly sufficient 10 supply the demand for its own
increased consumption and for the continent of
Europe.
4. That no stimulus of price can materially
augment this annual increase in the United
States. as the planters always grow as much
cotton as the negro population can pick, and
ahe segro population does not increase more
than three per cent. annually.
S. That consequently, if the cotton manufac
can only be enabled TO do so by applying
great stimulus TO tho growth OF cotton in other
countries adapted for the culture.
The changes which have taken place within
the "memory of many now living" says the
Economist, in the countries whence we have
derived our supplies fcotton, are very remark.
able. In the infancy Of our manufactures our
chief supply came from the Mediterranean, es'
pecially from the Smyrna and Malta. Neither
of these places now sends us more than few
chance bags occasionally. In the last century
the West Indies were our principal source
In 1856, out of 2O,00o.O00 pounds imported,
100000 came from Smyrna and the rest from
the West Indies. In ls43 we received only
about 1900 bales from the West Indies. Bra.
Zil began to send US cotton in 1871. and the
supply thence continued to increase, though ir.
regularly till 1880, since which time il has fal.
Zen off one.half. About 1922 Egyptian cotton
began to come in considerable quantities. its
cultivation having been introduced into that
country two years previous. The import ex.
ceedcd 10000 bales in ls45; the average of
the last three years has not been third of that
quantity. Cotton has always been grown
largely in Hndoslan, but it did not send much
to England till about thirty years ago. In the
five years ending 1914, the yearly average i'm.
ports was 33,500 bales; in 1921 it reached 274,-
600 bales, and may be now roughly estimated
at 100000 bales a year. The reason for the
falling off in the supply Of Cotton from Brazil,
Hindostan, and Egypt, is said to be the deprecia.
ton in price. which, says the Economist, sis
equal TO 40 per cent. since 1885," this depre.
citation having directed capital and labor into
other channels, and prevented so bulky an ar.
ticle as cotton from being grown or forwarded.
This is particularly the case in Brazil and In
dia, where freight and carriage form so large
portion Of the price of coton-good roads, con-
venient vehicles, and safely navigable rivers
being yet the desiderata in the cotton growing
districts Of both countries. The West Indies,
Africa, and Australia, are regarded as the coun.
tries which are to supply the increasing de.
mands of British manufactures or at least so
much Of them as would prevent any serious diff.
cultes in case ola deficiency in your crop. -
The importance of this subject to both countries
must justify US TO your readers for saying so much
about it.
PRoPIrs OF PLANK RoADs.--The Water
vile and Utica road nineteen miles long, and
costing $4,000 has just cleared dividend Of
ten per cent. laid out for repairs. The Utica
and Bridsewater road, twenty miles long, and
costing $4,000, pays 25 per cent.
A Golfer without lock, shows that it con-
tains no treasure, as a mouth always open de-
notes an empty brain.