The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-06-05

Freight from New Orleans to Liverpooli o o.
Addiuonal insurance ~
Charges for 100 miles 2. y. route fro" Memphis 10
Freight SIS 20 per ton ID
No Insurance 90
Freight TO Liverpool $50 !.
Difference in favor of Charleston lo
In this statement have not noticed those charges
which would be the same on both routes-such as com
missions, &c And while the difference would DC less.
ened in proportion the planter lives near Memphis' u
would be increased ia the other direction. and conse
quenty would greatly increase the comparison IN iaVo OF
Charleston.
But there is another fact which, even if the charges
were equal would turn the greater part OF me ade 70
Charleston The whole OF the crop above the shoals on
the Tennesses obliged 10 await the ss OF .ne rye.
SO heavy that hauling is most uncertain dependence
Experience has proved that an average OF years IN
the valley OF the Tennessee requires A MONTHS alter
the planters crop is ready for MARKET before he get it
to New Orleans and realize upon IT, Here, then Is loss
OF interest the whole crop OF this region. which, IN the
present year aone amounted 10 nearly 100000 The
whole OF this immense sum would be saved 10 the pro-
Queer by railroad upon which his cotton would md
marke, in weekand that too at an Atlantic port more
for although the railroad will lessen the time in getting
the New Orleans we'll the Atlantic Market yet,
when the produce reaches the railroad s open to com
petition, and will take that direction which offers the
greatest inducements. These. we have already shown,
greater Charleston There be but little doubt
therefore, that Charleston would be preferred.
The best proof that this result must follow given by
the fact that during this 90 900 bales have already
found their way to Charleston, although they were
hauled at great expense 10 the terminus OF the Georgia
railroad Another parcel at Memphis was divided into
two lots-one OF which was sent to New Orleans, and
the other forwarded to Charleston experiment up
the and over n o
price which compensated for all these disadvantages,
and realized much that sent 10 New Orleans-both
enable. therefore, that the greater part Of the cotton
raised will seek an outlet by Charleston:
The competition a, New Orleans offered by the grain
and sailed provisions Of the northwest would unqueson-
ably give decided preference to Charleston for all such
produce; and when to this is added the fact that the
climate Of New Orleans and the river navigation
favorable 10 such produce, while along The railroad such
produce be returned and forwarded at any time to
market and be converted Immediately into money, i is
obvious glance that the railroad must have the prefer
ence for everything one hundred miles this side OF
Memphis
For all the country above the Muscle Shoals the AT.
lanc route would have the preference over that TO New
Orleans AT present. without railroad the produce OF
this region descends the Tennessee into the Ohio in
direction opposite to the market, and thence makes cir
cut by The Mississippi distance ; 81 about 900 miles
Orleans and Charleston and bring these cities into COM
petition. The distance from Memphis to New Orleans
and to Charleston may be considered the same. Every
mile towards Charleston is doubled when you turn to
New Orleans and in the Tennessee valley the direct
with Charleston is from 500 to 900 miles,
transhpmen Memphis will balance the difficult
lies. When this produce reaches New Orleans it meets
The competition OF the whole northwest in unlavora-
bic cmste, and is obliged at last round to the
Atlantic for market IL is obviously 10 the interest OF
the producer in the first instance 10 10 this market al
once, rather than make the circuit by New Orleans.
Let consider the other great element oil trade
namely the merchandise which must be returned for
| consumption. There two methods by which
rive at estimate OF the value OF merchandise consumed
by this region As general rule, the exports Of plant
the OF Its imports. The cotton
exports amount already stated, to 300, 900 bales,
which at average prices, would be worth a. home about
eight millions OF dollars and ii from this sum be de-
Quoted about million Tor importatons OF negroes,
tysre remain millions to this must be added the
sA4as OF other expors-say half million more-making
in the whole 81 500, 900.
By another mode OF estimate arrive at q similar
suit BY an actual statement from the census, II is as
cersined that in country there consumed SIS Of
goods imported for each inbaotan and il the same ralo
be fixed for the whole 100000, it will amount TO the
same sum-67 100000 Throw of the odd half million
for any OF statement. and may fairly set down
81, 900 900 the amount OF goods required for this
gIon
OF this amount. probably all the groceries and por
lion OF the dry goods will be supplied from New Orleans
But we think that the following considerations will show
that the remainder must be furnished from the South
Atlantic cities and probably not less than 49, 5000
will be furnished by Charleston.
The experience OF the present business has
hblied the fact that, even with existing communca
tons, our market is already preferred. Merchants in
Huntsville and East Tennessee, who have always here
oiore purchased their goods at the North, and used the
northern routes have this year purchased al Charleston
The distance which goods must travel by the nearest
route
From Philadelphia 10 Memphis is ,s43 miles
From Baltimore to Memphis il LASS "
From Charleston to Memphis is 1853
Difference in favor OF Charleston 6a3 miles
The difference against New York is still greater
Charleston then, has the advantage OF distance. But
her advantage as TO time is still greater.
BY the present mode OF supply the goods can only
reach the valley OF the Tennessee when the per
and the summer, with its low the South, inter-
pose many difficulties, that the merchants obliged
TO buy supplies for six months at time Large stocks
must therefore be kept hand requiring the employ
meDt OF heavy capitals in few hands The absence OF
competition and the loss of interest OF greatly
the price OF goods the consumer, while the loss
which the merchant suffers from deterioration drainage
and other injury 10 bis goods, oompeIs him TO put
large advance TO the puce This is s,rkingly exhibited
by the prices current OF staple articles Sugar.
for instance is selling al Huntsville for &c. while IL IL
quoted at New Orleans at S. and salt ranges
age Huntsville OF 70 cents per bushel, while it sells
the sescosst for 20 cents.
railroad to Charleston would at once reverse this
operation. The merchant could then get his goods with
certainly IN week and instead OF max ing Journey OF
eight weeks TO the North many days will suffice
him. Small capitals can then be advantsgeously EN-.
ployed and competition hand. and the saving OF
months interest the Other will enable the puf.
chaser here to sell cheaper and compel his competitors
To the market The reduction OF the price
upon the and thus greatly the
quantity of merchandise forwarded and il is fair
cuson from these premises that after few years less
than eight millions worth Of goods will be required
where i've may suffice now.
The effect upon Charleston OF opening trade like this
may be estimated in two ways; first, by observing the