The south-western. [volume] (Shreveport, La.) 1852-1870, 1855-02-21

seasons. The supply is, comparatively speak
Ting, small, the stock on hand al Liverpool small
Z and the demand good, yet the rates are low
s The stock on hand at Liverpool, on the at
Z was. SIS, $50 bales, against 622 $50 in 1854
ii For thesshoe Of Greats BIissin and for the con
/ tiinent Of Europe, II chat like def
, cheney exists. The deliveries to the n,anufac
: fturers at Liverpool in 1854, were 1852
t bales, and only 1,749, 419 bales in 1858, show
i ing that the demands of the trade are large
: than before the war, at least as far as ENGLAND
is concerned. This increase has nottaken plac
e in France and on the continent; butthe decln
: in France is small, and the total exports to th
!. continent have not fallen off 10000 bales
Our exports to all foreign ports, except thos'
!, of England and France, were in they 1854
) 341, $40 bales, against 1854, 812 in 1853. TIT
Liverpool exports toforeign ports in 854 were
935, $50 bales, against 257, $50 during the pre-
ceding year. making total deficiency OF only
A 500 bales. So that the total demand fol
} 1854 in all ports of the world, was higher thar
for 1858. Ifthe latter half Of the year hae
been taken by itself the increase in the demand
would have been more striking.
/ We state above that the supply is small
This may not be strictly correct in regard to the
! United States, although there has been de-
crease in the receipts at all the American ports
of 118, 455 bales, compared with the same time
last season-the total receipts since the LIST Of
September being only 1886, Ais bales, against
1,414,870 last year. But the receipts from
| Egypt will fall off on account Of the war; from
Brazil on account of the high price which cof-
fee has commanded during the two past years,
and from India on account Of the low prices of
cotton in European markets. Of these three
causes, the last will be the most powerful, as
the quality Of India cotton is SO poor that it
will not allow sufficient margin to pay freight
and other expenses when the European rates
are SO low. The quotations at Liverpool were
for middling Surats, 3D., for Madras, 3D., and
for Bengal, only 2ad. % 1b. Of this fully one
penny is required for freight and insurance
alone from the Indian ports to London or Liver
pool. Other expenses, besides these, will eat
up another penny, leaving but little for the In
dia exporter, and almost nothing for the pro-
ducer. These three deficiencies will more than
balance any surplus stock or increase in the
United States, and if SO, the supply will be
small, and the three positions assumed above
will be established.
Under these circumstances our planters ought
to anticipate higher rates. The spring prices
must be better than those now prevailing The
panic created among the European bankers by
the war with Russia, and the embarrassment
experienced in the monetary circles throughout
this country, and not the diminished demand for
cotton, has brought about the present low rates.
The scarcity of money. which is every where
felt would indeed be relieved by the sale of our
crop now ready for market, but there is no use
of making sacrifice, except when compelled
by immediate and pressing wants. /
WASHINGTON ITEMs.-The defeat of the vol
unteer enlistment bill, which it was intended to
tack to the regular army bill, by an overwhelm-
ing vote IN the senate, (there being but thirteen
votes forit, quiets that matter forever. Instead
Of the volunteers, a provision was made for
additional regulars, which passed, and settled,
IN its turn, the bill for reorganizing the reeu-
lar army, and appointing nine additional briga-
der generals. Time has so far advanced that
there is no other way of legislative than by
lacking amendments to the regular appropria-
ion bills.
It's now a well asccrtaned fact that the adj
has given up all idea of territorial
aggrandlsement, and events seem to favor their
determination. The Sandwich islands are
about to be sandwiched by love and matrmony.
The young king, who might have laughed
lown the suggestions Of crazy consul Miller, is
lot nsensble to the charms Of an English wo-
nan, and is about to pour his orison into her
ap. Love is more powerful agent than
diplomacy. and, as lord Bacon said "goes
~ contraries."
II has been agreed that Mr. Marcy, whose
presence IN the cabinet is one of the obstacles
o democratic harmony, shall have a better
oost--one that he is quite willing to accept
he French mission. This has been settled by
he delegations aforesaid, but whether the
president has yet come into the arrangement is Fl
lot certain, but will be known in day or two.
The resignation of the French minister, Mr.. :
|ohn 7. Mason, is not yet received, and, there j
ore, this coup d'etat is to be for short time /
delayed. The changes consequent on this ar
are, Of course, notsyet determined 5
'pon, but can be very readily forseen and pre- |
licted.
The tariff is dropping and the revenue rapid /
y falling off. determination shops of New York {
nd Philadelphia have an unusual supply of t
ace and silks on hand, and imports win be
much smaller during the current fiscal year
han during the year preceding. The different t
abroad companies will import few or no rails, $
md fortunes will notbe spent at watering places {
Turing the coming summer. So the evils re-
ulting from the present tariff will not over |
EhcIm the country. exhausted nature will ]
manage to survive it,
The TRIPLE ALLIANCE IN DEFENSE OF CuBA. :
letter the Lopez invasion of Cuba, written !
y the duke de Valencia to the then president
# the Frenchrepublic, and the answerof Louis !
SanDipOn annpar NOW in FnoIeb