The Woodville Republican., 1852-12-21
7i7,ooo
10000


We have no accurate Information of the
stock in the United States. but presume il
is not greater than at the same period last
year. as the prices ~ Europe are higher
This phenomenon OF a diminished stock
aud higher price, in the face OF q largely
increased supply is accounted tor solely by
an increased consumption. In Great BrI-
tain the weekly consumption Of cotton, in
1851. was 81 800 bales; in 1852 the con.
sumption reached about 40, 600 hales per
week. or 1000. 900 per annum. On the
continent there has been corresponding
increase Of consumption. The direct ship.
menls from the United States to France in
the present year, have been l20,017 bales
more than in the last. and 10 Other p,rts Of
Europe s4,435 bales more. lD the United
States the consumption ol lS50-'5l was
404 900 bales; of 1851 -'52, it was 603 900
"a conclusive contradiction, by the way.
of the pretended distress oi the manulactu
ring interest in this country
Thus ii is seen that the increase in the
consumption of cotton is greater than the
increase in production and We have every
reason to believe that this will continue TO
lie the case. The Economist says ''exten-
siye mills are now in course Of erection in
Great Britain" and contends that the con-
sumption of cotton there will continue TO
increase. We know that on the continent
of Europe. and especially in Germany, the
consumption of cotton is increasing steadi-
y and rapidly; in the United States, not
withstandng the false alarms OF greedy
capitalists the example of thriving factories
is daily calling additional spindles into ope.
ration. II is not hazardous TO assert that
during the next twelve months the con-
sumption OF cotton throughout the world
will continue to increase in an unpreceden.
ted ratio. But from the most authentic
accounts the supply will not exceed, II 1t
indeed will equal. the supply Of ls5l-'52.
Notwithstanding British experiments in
Asia. Africa and the West Indies, upon the
the southern States Of this Union is the
world dependent for its supply Of cotton,
(the fax substitute being dead failure
Is IT probable. then, that the production OF
the southern States will be at all equal TO
the increased consumption we are led TO
expect? Will .he supply keep pace with
the demand! Nobody expects the crop OF
the present year TO exceed the crop Of the
last year, whilst many suppose it will be
something less. The probable result of the
growing crop is estimated at about 5000.
600 bales, by persons competent to pro-
nounce 10 the matter. Thus. whilst the
consumption increases, the production will
scarcely remain the same--the supply lags
behind the demand. Hence then the well
founded conclusion that the prices OF cotton
viii! range higher during the next than du.
ring the past twelve months. Oh course.
this result may be prevented by war or other
extraordinary contingencies. Of which we
make no account in our calculations.
The imminent prospect OF an inadequate
supply OF cotton from the growing crop,
excites serious apprehension in Great BIZ
tain. The Economist says:
ITO those who are familiar with cotton
statistics, these figures may well occasion
grave consideration; for. supendous as is
the expansion Of manufactures in this coun-
ty, II will be found thst the aggregate per
ceniage increase in the consumption OF the
article in foreign Europe surpasses even its
rapid extension in Grcs. Britain. Whon IL