Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1856-08-28

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From the Philadelphia Evening Journal.
The Value Of the Union in a CONNER
cial Aspect.
What is the value of the Union in dollars
and cents9 That is the question which some
of the leading papers in this section are now
discussing. They are endeavoring to per-
suade the North that in commercial point
of view, it can do without the South, and
that, so far as pecuniary profit and loss are
concerned, the dissolution of the political
ties which now unite them, would be no
great evil-if not great blessing. This is
asad sort Of logic to use in Presidential cam
vass. That surely must be bad and wick
ed cause which is compelled to calculate the
worth Of the Confederacy as one Of the COIL
ditions of success. We do not mean TO en-
gage in this sordid speculation. The whole
thing is abhorent to ones patriotic instincts.
But since an effort is making to underrate
the Union in its mere money value, we shall
state some facts which may serve to prevent
the people Of this section from being de-
ceived by the representations of those who
would convince them that the trade with the
South is of no importance, either to the free
States, or to the wealth, power and great
ness of the whole Republic.
Any one who hes an adequate knowledge
Of the foreign and internal commerce of the
country, must be aware that the commercial
strength of the nation is primarily depend
ent on Southern labor and staples. Indeed,
the one article of cotton is the ruling ele-
ment Cf the commerce of mankind. 1t is the
barometer by which the mercantile opera
tions of Christendom are guaged and regu-
lated, the price Of this commodity at Liver
pool at any time, being the standard which
elevates or depresses the scale of the worlds
industry and exchanges. Why this Is SO,
we can very readily demonstrate by merely
citing few well-authenticated statistics,
leaving reflective readers to draw their own
conclusions. Taking the returns of the late
census, which are less favorable for our pur-
pose than later results, but more conven-
iently accessible, we find that in lS49-'50
the cultivation of cotton and its preparation
for market employed about 100000 laborers,
So per cent. Of whom were slaves. 1t re-
quired to feed and clothe this force, pro-
duce valued at $25,000,000; the supplies
being derived principally from the North
and West, which received ihe price paid
for them. The entire crop If lS49-' 80 was
993, $4,000 lbs, valued at $ll2,420 800.
This crop employed in its transportation
along the Gulf and Atlantic coasts $4,000
American seamen, and l 100000 tons of A
nerican shipping, or about one-third of the
entire tonnage of the nation in 1850. This
is exclusive of 10000 tons of steam ton
mage and 1000 persons engaged in trans
porting cotton by steam navigation to South
ern shipping ports, to say nothing of rail-
ways. At the same period there were not
less than $50, 0,000, 900 invested in the busi-
ness of cotton manufacture, chiefly in New
England. This capital maintained 100000
operatives, male and female, whose joint
annual wages were $l7,OO0,OOo, and the
product Of whose labor was worth, at a low
estimate, 100000. There were besides
%, 900 or 10000 persons in the United
States who were employed and enriched in
receiving, selling, and shipping the above
amount of domestic cotton fabrics.
In addition to the coastwise navigation
before mentioned, there were SOC, 900 ton:
of the mercantile marine Of the country
owned chiefly at the North, occupied in car
rying American cotton to Europe. In lS49
and 80 the value Of cotton fabrics made il
our factories and consumed in the States wa.
$57, ,l34, ,760. During the same period th'
value of the total amount of raw American
cotton consumed in our manufactures wal
$24, ,34O 800; while the whole amount 0
cotton fabrics consumed in the country
foreign and domestic-exceeded in valu'
$82, 900 0O-three-lourths Of the entir
product being the creation of domestic in
dustry. Again, the domestic cotton manu-
factures have not only exceeded, in the pro
portion of their increase, the augmentatio
of the gross population Of the country, a
well as that OF any other prominent articl
of manufacture, but that increase, sine
1926, in its relation to expectation, surpas;
es in value the whole increase Of all oths