Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1852-02-13
Stock of Cotton in Liverpool.

in Liverpool we think worthy OF attention
The Asa's advices disappointed the trade general
ly, but produced effect upon prices. The addition
made to the stock not unexpected, but the prac
tice is considered on this side, at least although
sanctioned by usage, as very reprehensble. 1t has
however, signally failed in the effect desired. We
anticipated it from the necessity OF the case, il
wos evident that the stock was running down toe
fast in Liverpool to suit the views of Manchester
and accordingly wrote in our article, per Europa
Dec 3lst Much interest is felt to learn the de-
clared stock of America in Great Britain on the 3s
Dec, and on this subject there is wide margin in
the estimates here made, arising solely, however.
from the different views entertained of the quantity
to be added for error in stock taking"
We hazard nothing in saying that the supply that
can he obtained from the present crop, will at cur
rent rates. fall short of the actual requirements for
the consumption of the world and feel also, that it
is time that the foreign view of the subject namely
that the United States must accept ten millions OF
dollars less for crop of 400 900 100000 bales
than for of two millions compelling the country
after renting in addition thereto her valuable Sc
curites in payment for imports to liquidate the
naming balances in specie, should be met on this
side by more udcious course in the despatch OF
the crop, which could be made to turn the balance
in our favor
Suppose, for q moment, that Eng gland occupied the
position now held by the United States, in relation
to the production of cotton and that she aware
that on supplies from her people depended
IL
~ system of our government, what would be her
declaration? ''Our price is fixed take it have it
as you please We may not yet have the capital
in the country to enable to this position,
but we are very near apprOximating it, and sooner
later the banks of this country will find that it is
their interest to aid in establishing and maintaining
not high, but full and remunerating price for
cotton.
The sales reported on change were 1000 bales,
without sufficient variation to authorize any altera-
ton in our variations of yesterday, which we here
tofore continue.
Educate the Farmer.
It is calculated that the division of the occupations
of men in the United States is nearly in the follow
ing proportions
No. engaged in internal navigation. ...... 33,O76
- on the ocean. ST 02l
g the learned professions. 65.255
- commerce 1lS,OOI
manufactures I9l. I4J
= agriculture ), II9, ISL
Thus it will be seen that those who are engaged
In agriculture three and half times greater in
number than those in all other divisions The agri-
culturists consequently, have the physical and
merical power and can, at any time, control every
government in the United States. and give tone to
public opinion. But do they No. indeed for how
ever powerful they may be in number they are weak
in influence and this arises from the want of proper
education. The sixty-fve thousand two hundred and
fifty five engaged in the learned professions in
tellectually stronger than the three millions seven
hundred and nineteen Thousand nine hundred and
ftyone engaged in agriculture, and therefore rule
them. fit were not so, eighths of the offices
in the country, would not be held by lawyers and
doctors would all colleges and high schools be
endowed principally for the benefit of the learned
professions
Farmers, when will you arouse yourselves to the
dignity and Importance of your calling, and educate
yourselves to the height of intelligence, which will
make you the rulers instead of the ruled of others
There is surely nothing to prevent this, if you will
only be true to Observation-Disclosures