The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-28

year Will require 1Uu,uoV Dates, WHO ~ IL estimated
that
Shipped oad
France will take 5 SEQ 600 443 600
North OF Europe ..............2 50d00 ,oc0
Other fossign ports. 225, 600 eos, 600
Total ....... 976 600 1856 600
For the United States. ......... 100000
Total ACKNOWLEDGEMENTS 600 bales.
Leaving for Great Britain 800 00O ceaed1 63S
Out OF this crop of 900 bales, about 100000
bales are estimated to have been the growth of the
previous season and kept back by the low stages Of
water in the Southern rivers. The continued navi-
gable condition of the Southern streams through
the past winter, and, indeed, up to the pre-
sent time-having recently been 80 high
as to cause damage by their overaOw-has
enabled the growers to send all their supplies to
market, they being also urged to do so by the
stimulus of high prices. The result will be, that
the country will be cleared of cotton this season,
and the consumption Of the world in 1857 can only
be supplied by the actual growth of 1856 And
when we consider that the spring has been late and
the season much more backward than usual, while
there has not been, and cannot be, any important
increase In the amount Of labor devoted to its cu
ture, there is no reasonable hope that the present
crop, now in its infancy, can surpass, il it can un
der the most favorable circumstances equal the crop
of the past year.
At the close of 1855, or on the lst September of
that year, the stocks left at all the ports of the
United States amounted to 143 1886 bales, and OF
course some stock will be left on the 1st September
next which will not likely exceed, if, indeed, it
comes up to it.
And yet, Notwithstanding the large supply Of
the present crop, owing to the increase of con-
sumption the stock of American cotton in Great
Britain at the close of the present year, or the
list January, 1867 will very ttle if at ALL exceed
the stock held there the lst of January 1856, I'D
hitting that between the 18th of June and the 18th
of July next the stock in Liverpool may reach
coo, 900 bales.
Should peace continue to prevail over the world,
the consumption must become greatly augmented.
1t is believed by many that consumption has already
overtaken the labor of production. We possess in
the United States an immense body of wild lands at
The Southwest adapted to the growth of cotton but
which cannot be brought into tillage from the want
of labor. Could labor be had, the United States
could now produce four to four and half mil.
lions Of bales Of cotton just readily as the present
supply. 1t is now doubted by many whether labor
sufficient exists in the planting States to pick out
three and half million bales of cotton. Those who
suppose white labor can be employed in its cutiva-
ton have opening for the experiment in the I'M
opened rich lands of the Southwestern States.
1t is estimated that the inhabitants Of England
and the United States consume, on an aver.
age, from Eve to six pounds Of cotton per head
per annum, and that in France and Germany
the average is about o AZ pounds per head. In
Turkey, and in other countries occupying a some
what similar standard of civilization, the average
ranges from % pounds per head. The great in
crease in the future consumption Of cotton will be
in the Russian possessions, and in other countries
in which civilization among the masses has made
but little progress and in the increased ability of
the people to consume it in the more advanced
portions of the world AS civilization extends the
amount consumed must increase.
The discovery of the rich gold fields of California
and Australia, by di6hsing wealth and increasing
commerce, must add to the consumption Of cotton
The yield Of gold since this discovery has amounted
in round numbers to about $5O0,O0OO0O. The yield
last year was about sl00,OO0,O0O At the SAME
ratio, the total in ten years will reach 81 900 100000
This must tend to increase the consumption Of cot
ton and to augment the price Of labor.
The culture of cotton in India, in competition |
with the United States, has proved failure, and
the receipts of India cotton in England the present
season have fallen off about 100000 bales. We pos
sess the cotton markets of Europe, and should be
able to maintain them. We possess the best cotton
lands on the globe, and have no rivalry to fear.
Last year our crop of the growth of 1854 only
reached about $500 600 bales, the exports of which
were about 100000 bales, and amounted to only
$Ss 900 ,000 leaving about 100000 bales for home
use. This year the growth Of 1856 gives us crop
of about 100000 bales, from which, it we subtract
10000 bales for home use we will have left $780,,
900 bales for export which, at the present average
value Of $45 per BALE will amount to the large sum
of $4,000 ,000 to which, If we add the value of
700 900 bales retained for domestic use, at the
average per bale, or s3l 100000, we have grand
total of the crop grown in 1856 and sent to market
in 1885, of $l6l 100000. If we subtract from this
100000 bales supposed to have been OF the growth
of 1854, or $13 500 00O it leaves us $14s 900 O00-
about equal to three years yield of the California
gold mines and requiring at least 1000 ships in its
transportation, and in bringing home return car.
goes on its sales abroad.
To the exports of $l26 900 900, if we add the es
tmated exports of tobacco rice and naval stores to
be what they last year, we shall have the fol-
lowing exports of slave labor for the present year,
Exports Of cotton. 0l 900
Tobacco. 14,717,4es
E S,ss; NEUTRALITY-SUSPICIOUS.: 1 aols sSs
Total. .s144. 4so, OF
The total exports to sixty-eight different coun.
tries, ending the 30th Of June, 1856, including
specie, amounted to $246 ,70s ,553.
For the year ending the 3Oth Of June, 1866, the
total exports Of the above four articles Of slave
labor amounted to only $lO6, 4sO,O77. On the 30th
Of june this year. they will not fall short Of $l44
asO,077-giving grand increase in value Of $3s,