The American patriot., 1855-10-13
Political Appointments.
From the New Orleans Picayune.
Direct Trade.

An advertisement il our column announces
the establishment, on the LIST inst, at No 46
Camp street corner of grower, of the firm Of
Bay.o: & Co., foreign and domestic cotton fac
tors, general importing and exporting mer-
cnats, uirect trade and European agency.
At the Cotton Planters Convention held at
TO ,per's Wells, in July last the subject of di-
20 TN trade wi ii the continent Of Europe was
III ri,clpal s.Ib)ect discussed. The Cover.
nor # Ill 81 'sippi was CHOSEN President, and
he ex ,,lai..ed the subject Of the Convention to
be: '-'H'
The establishment Of the direct trade oe-
tw Ell the cottoa .terest Of the South and the
conl It Of Europe; that it was an organized
etl.r. to throw OFT the present Liverpool mono.
po.y auI lis accompanying evils by exciting
20 ntettio else where; extending the con
sim, 10 Of this s.aple product; lowering the
ra,cs OF ,terestr; aid, by direct shipments re-
duce the present unnecessary charges and ex-
pe..ses which r,ea the planters cotton in all
American a I'd european ports.
A com mite Of fourteen prominent planters
Of Louisiana and Mississippi was appointed
who made thu to owing report:
The c mmttee having taken into considera.
ton the suhjc,t of direct trade with the con.
tnent of Europe, and having conferred with
Mr. Bay.o .,,d poss ,ssed themselves of such
facts As h, tnoIyAt il necessary and proper
to com M ate, neg .eave to report:
That, h., tn O. i,n OF this committee, it Is
a matter oil grert appearance to the South to
establish a iirect uale with Europe, for the
export of the staple of the South direct to the
ports n ar st its CONSUMPTION, thereby saving
the cntrg ard cx Jenses necessity dependent
III ON tAe spine / and rats Of cotton both at
NJ, Orlea- IS .nd Liverpool, including the real
and JIG, ! ioas clry Imposed by the custom
of ira lie. The cn.nittee feel we'll satisfied
that the cha. g.s upon the sales of cotton are
tx es,.v., ana tuat ali the charges are either
disec y Or indirectly pail Iy the planter, from
the j ne he cot Oh leaves his gin house until
il arsi'es AT pace where it is manufactured.
Whatever wou 4 nave a tendency to reduce or
limit ms. c.ars xoald benefit the planter
10 that extent
Ii r1ttr 10 the proposition made by Mr..
Ba f.o : walls. the 60 nnitee feel assured that
III scn mis t be gain d to the planter by SELL
ing il &C. to the European manufacturer,
q i ,het b. save tn intermediate expenses,
yet tey r.s.ct at the Ii ntesl time to exam
lAe ali rel,o ap,A the mass of Information
laid b for. tEem 10 S not p.'init the committe
to ASSUME the resj,,a>i 'lty Of recommending
to The planners AID specific course Of action.
I.lti CON II ttt1, t.t>a5l not wiling to as
sam tae re,p)lsbi.lty iu,:.Loned-which Of
curse they colid no: do--yet subscribed
among them selves 75J baics to be forwarded
to the .iru Of Baylor & Co. Oh commencing
o,efalio Is here. Upwards of 1900 bales,
we ar nform.d, ha 6 rem subscribed air adv
for this sa.ne purp ose-to test the first practi-
cal expe nent OF this scheme to direct trade
AS this new lirtn pretend to initiate policy
whi;l, # succes,fl, vii effect many changes
in the pr.lei 'al b ,sies of this city, it will
not be AMI IS 10 exp.si in few words what
the sch. M. OF direct trade is.
1t is well known that Il large proportion of
the cotton $ ut f. o il this country to Liverpool,
i, afterwards pu rclosei there for tn. continent
tai market. The ohiust of ,irect trade is sim
ply 10 ,enl tte cotton directly to the continent
and thus save the expenses of repurchasing,
shipping, &C., esta5iSaali Liverpool. A few
iig ras viii SHOW this ,ii,re clearly. and will
ei,e ma.,y pcrsois "illt they little know-the
anl ,unt Of cotton eoas Inei on the Continent
Of Europe.
The average cotton crop Of the United
States is 1000, no bales, "a Id, 10 1920, 000 OO0
averaging the b,es at ST., This is, manufac.
tulesl as fo'ioAs: in lno2, France took 100000
bales, aid the remainder of Europe 600, 900, or
100000 IN all. valued at S}6, 100000. Besides
this. the Continent takes ON England cotton
yar.s 10 the valde of So, &c., 600; equal to
$4,000 bales of Ia, ia v n tteri,l, or one half
the whole croo of tn, Il ,iied States, or more
than the average c.op of the great valley Of
'hs Mississippi. The recently published sta
tis.is Of the great Nth ria Ids Society
snow tina they alone i'm. OFT fom England $I5,-
OJo, 40 worth of cottol,; Of which $12, DOC, 900
worth is of the raw M ,teril. Or 30U, 10000 bales.
The advantages to be g,ned by the plant
ing ltcrest ia patronisiag direct trade, as set
forth by the advocates Of that scheme, are as
fhlows-shown in a pro .t,rma account sale of
loO bales of c'tto shipped ria Liverpool and
sold OIL thu Go I'll ,ent, as co impaired with the
Same number Of lies sod on direct shipment.
Tne iigares to base the calculations on are
dawn from II lats NJ .rch .,ts Magazine vol.
8, age 34s:
100 bales av ragged at osio.. $500 90
Petty charges here on planters accent,
ouc.. ....,.....,..... so 90
Commission on SAM, 4 per cent. 80. 100 90
Freight to Liverpool, tc, on 45,o00 lbs. 225 90
Pet'y charges on Liverpool account, Rc. l69 90
L'ss on weight or allowance. per ct. 200 90
Insurance, It per cent on 10 per cent
over cost; $500. .:......... S6 W
Brokerage and expenses on Lverpoolac b-a
count, per cent. ............. 60 90
Commission for purchasing on Liverpool
account per cent ............ 100 O0
Cost laid down in Live pool. $500. g., $3.50 OC
commission for S, lg in Liverpool, II
per cent NEUTRALITY-SUSPICIOUS.. lA Is
Freight to the Continent, &c. on 10000
pounds. .................... lIa s.
Petty charges, 81 Upper bale ..... ITO Ol