Weekly national intelligencer., 1851-10-25
9,a5a,O0O 9,s53, 900

These results multiplied by FIVE, will show that the whole
production in twenty-five years has been 49, 760O 900 bales,
and that the consumption in the time hiss been
900 bales, the production of 900
bales, or 200 bales per snnum.
The report denies that under any Of
production Of cotton take place proper oganza-
ton the part Of the American cotton planters is secured
For proof Of this position furnishes the following extract
from document read in 1850 by of the Secretaries Of
the Board Of Trade before the British Association at Edn-
burgh:
"Our supply Of cotton has hitherto been drawn in very
fuctuang proportions from British India, BrsI Egypt,
West India Colonies, and the United States Of America
From the last named country the quantities were for long
series of years. in continual condition Of increase From
Brazil imposons have sensiby lessened without any
easonabe prospect Of future incsease From Egypt the
quantities Aucuae violeny and depend greatly upon
not falling within ordinary commercial considerations In
the British West Indies the cultivation Of cotton has fr
time ceased form regular branch Of industry and is
hardly to be expected that having thus ceased be pos
ble when prices in Europe were uniformly at higher level
than they have been for long series Of years. the cu
tue any important will be resumed in the colonies
From British India the quantities received depend upon DIFF
ferent Of circumstances, but M such forbid
any very sangune hope of grea and permanent increase in
the shipments
On the other hand the continual fall in the price has
acted stimulus the producers (American who have
hitherto made up, in general b the extent of their culva-
tion, for the diminished price Of heir crops"
The report proceeds to show that the average production
does keep pace with the verage consumption and
sequenty the fluctuations are unnatural produced by arf
ca in the markets consumption. proposed to
render the planting interest Independent Of the manufacturing
interest," BY transferring the markets for the sale and purchase
Of cotton from Liverpool tie various Southern ports Of this
country. With this view thi following is proposed
s'If would do any thing certainly and effectively,
be chartered BY the States Of Bouth Carolina Alabama Lou
sana and Florida, with capital Of at least S2O 00O 000
be increased in Of the business might
que The Aociation should erect purchase extensive
Apaachcols and St Marks and establish each Of these
points regular commission business, with view to the
rage and sale Of the entire crol of the United States.
For the purpose Of securing to themselves tie whole cot
ton commission business, they should establish minimum
price, which, for the purpose argument will fix at
to l2d cents according to quality and location, and
ing say per pound. This should be guaranteed
all their regular customers, and to all parties holding cotton
purchased Of them, so long e said cotton remained in
their warehouses The world should have noticed that
whenever the cotton offering bot wanted by Others
above the minimum fxed it would be wanted by the assoca-
ton that when once purchased would be resod
til taken at cost adding storage, insurance, interest the
investment, with commission fa purchasing, and another
for selling This accumulation ofcharges should induce the
manufacturers to take their supplies before the company
would be required to take any; moi it. indeed, likely that
they would ever be purchasers large extent Under
such system the planter would not crowd the cotton
ket s the case and spectators at the minimum price
would purchase freely, and hold with confidence"
We apprehend that this scheme Of protection the
interests will Be found mpracticable attemped to be
red out would havehe effect in the end Of encouraging
the production Of cotton in other countries which
now compete with the United States taking into consideration
the chances of good and bad crops and the fluctuations
rally arising out of supply and demand It is difficult to
tinker with such gea. interest the cotton culture
was a few years since with the currency.
[Rickmond Wig.