The Bedford gazette. [volume] (Bedford, Pa.) 1805-current, 1856-08-22
From the Philadelphia Evening journal
THE VALUE OF THE UGI0N INA rov
RlERCIAL ASPECT.

a'e coieFIned the dssolnf1on OF The political ~, S
"hleh no" ohlle lhem. would he TO gTeat evil :.
mol great blessing. This Is a sad sofl of ra' III
use IN Presidential canvas, That sureIy se TO
bad wicked cause Which Is compelled 70 as, t De
late the worth OF the coniederacv as one ~ Na-
altlons oi rs success We do not mean 10 ~!
IN tins sorthd speculation. The whole fbino "s'Ss
horrent 10 ones patriotic instincts Rut ei7 " SO-
fort Is making 10 underfate the Union i; :; @o ei-
money value, We shall Stale some 1acrs VIII efe
serve 10 prevent the people OF this section t, ''
Ing deceived by the representations az ~ Oe-
would convince them the trade with the Son,b "o
no Importance, either 10 the free States or n =,
wealth, power, and greatness OF the whole Ro.' 'le
lie. sPuD-
Any one who has any adequate kpovIedgs r :,
loreigh aHd internal commerce OF the country M,
be aware that the commercial strength Of ~ .' ,u>'
IS primarily dependent, on Southern ahoranf sts,
indeed lhr one article Of cotton is the ruling eIs
men OF the commerce OF maHkind T. *
rometer by which the mercantile oneratior,Cl o"-
tendon are guaged and regulated. the prira or -:
commodity al Liverpool, al any time bein, ~
standard which elevates or depresses Tie Scsr "
the worlds industry and exchanges Why M,
SO we can very readily demonstrate by merely CHM,
few weIi-autheRilcated statistics, lpavibo ref
tive readers 10 draw their own couclusjon, t.
the returns OF the last census, which are less ,y-
bic for our purpose than late: results but u,ore c.
vrnertly accessible, we find that in ls3g-,-a,t.
cultivation OF cotton and lis preparation for mari,
. 50 uFT
whom were slaves. II required 10 feed and clG,t.
this force, produce valued $2j, ,000 Geo: the sr
plies being derived principally from the North All
West, winch received the price paid for them Tb
entire crop Of 1880 was 9g3.3l2 Gee lbs vaIo4
at , iI=4%U,0OO- hl> crop employed in lis rrar,
porraton along ihe Gulf and A'aHtic coasts Il ago
American seam~n, and 100000 tons Of AmsTics,
shipping, about one-thiTd oil the entire touraaa +
/ the uation in 1850. This l. exclusive Of l.4 An,
tons Of steam tonnage aud 1000 persons ergso.t +,
transporting cotton by steam navigation 10 Soutberr
shipping ports, 10 say nothing OF railways. At the
same period there were not e $ than $50 Goo 900 IN
vested IN the business OF cotton manufactures chiefly
in New England. I his capital maintained I0Qgao
oPrra;Ives, male aud female. whose oiRt annual
wages Sl7 7G0G ,0OO, ard the product OF vfoss
labor WAS worth, at low estimate, $4,000 lC0-
There besides - 900 80 zoe persons in The
United States who were employed audsehrichad in
receiving, NJ, and shipping the above amour. OF
domestic cotton fabrics. In addition 10 the coast
wise naTlgalIon briore mentioned, there We're 500
/ COO tons OF the mercantile marine OF the country
I owned chiefly al the North occupied iu carryiE.
American cotton 10 Europe. In iSI9-ij0 the value
OF cotton fabrics made in our factories aud co1sgn
ed in the States S57, 1874, ,760 During the same
period the value OF the total amount ci raw Auer-
/ cotton consumed IN manufactures was S9i-
3lO. 500 while the whole amount OF cotton tabrrs
consumed in the coHntry-ioreign and dome,llc-
exceeded IN value $50 000, ,0GO- -threp-ouIhs oIita
eHllEe IfoGuCl Defi9 tue creation or domestic INDUS
try. Again, the domestic cotton manufacturer. have.
not ouly exceeded, in the proportion Of therucrta,s
The augmentation OF the gross populatou the
tCv, we'll that OF any other prominent article Of
manufacture, but that Increase, since 1870, n lis
tdilou 10 eXpoTtatI0n, suTpdsSes IN value Tue whole
increase Of all other American manufactures coHabr-
ed. Moreover, The cotton crop OF tie States cgua.,
quite seveu-tentns OF all The cotton produced 30 re
world; while the portion yearly exported is about
eIaht-teu,hs o. the total quantity sent 10 market
from all regions o. the Globe. Since 1921 oar ex-
rorls of cotton have multiplied nne-fod, while the
imports OF foreign cotton goods have hardly
than doubted Hence cotton is rapidly caucr.ug
one biz item IN the account Of international trade III
which the balance has been against We may
add further, by way OF comment here, that more
than S3S 000. 600 Of bullion and specie over ani
above what has been actually exported, woBd haya
been annually needed, since 1921. for shipment
abroad, 10 square exchanges with Europe, bad il aoi
been for the expiration ttither Of raw cotton.
The aggregate OF our expectations OF cotton has,
since 1905, increased upwards OF fwenty-elght od
in quantity, and more Than nine hundred per cent IH
value. Ii is likewise noticeable that ;he gross sun
OF importatious OF foreign merchandise has Dr.
ciined relatively 10 the Increasing PXTorl2noa o
American raw cotton. Rui cotton / but one Of The
staples Of the South. Adding S30,0OI,OGB as tue
value OF the naval stores uolaSses aud The tobacco
rice and sugar crops OF is 1870, 70 that c Ibr co..
ton crop for that season and have total oil sj4-
1870, 600 contributed by the South in oae year 20 idr
wealth OF the Onion. This is more than the 'dl''
OF the entire exports OF domestic produce, exclusive
Of specie, in 1SJ0--more than nine times the 'aibe
OF the Total expectation OF manufacturers o foHr>uI
produce in the year, and more than hNe ''is'
the lue OF the aggregate exports OF hTeads'nb' syn
provisions in 1850. 1t i finally nearly equal 10 i's
value Of the aggregate imports OF $50, "h!rh were
Sigh ,032 033. the greater part Oi WhicA t@We d"
through Boston, New York and PhlIadeipaia' o"
which Northern merchants made their iresos ~,
surance and profits. the South being ullma'r! Tue
consumer OF, and paying Tor nearly. II uoi quite
moiety otthe whole. Another notable tac' Is 'I11
the exports Of domestic cotton in 1871, pAeTr'"
those of tobacco, and the whole products OF aSnT.-
tnre, the forest aud the added loSe'Ar''
have shown that the people OF the NORM "'t
shippers, the insurers and the sellers oi. a. "'"
the spectators in cotton and OF course the iedP'
OF the great bulk OF The p:olit upon the arce-'r
planter realizing the very smallest portion u "N
nett proceeds. Let now where, ]" '' w."
try, the cotton OF the Souh is manufacture ..~
cloth and the like. The gross value ol our ,0,i. &
manufactures in 1850, was SGl.SoJ. .
whole amount Connecticut, Maine, MaSsach"Sr''N
New Harnpshjre New Jersey. Oa,o, PrUn>y yi,""1
Rhode Island, Vermont aud New lofh' "'''.
S.2 IJS. .6j3-within a small fraction o' ibe '"
The prohuct of Massachusetts alone was y'a
ly $50, ,o0o,0o0. II is easy, therefore, 10 ".rse
industry cotton supports, aud what se'''"
contederacy 1t eDrches. - tl, L
Here then is an exhibit which may We' Ieo'.
those who would undervalne the couiineIcia '!
tanee OF the slave States 10 the genera pof.r 4
and wealth OF the nation. And more et - II
should it silence those who, while they are 'fsa. I.t
ing against slavery. and uttering the mos ,sas
denunciation of the Southern people, are s.n
their daily profits and accommodating fortunes .!
ing and carrying and manufacturing lRe p I the
slave labor Without the South ard us s!"t. Nsp.
manufacturing industry and commerce o. az I.clss.
England States would suffer disastrous -, -
while the South would experience but t"F'a SaF5,sa
Inconvenience, in respect OF trade, from '.a
its present commercial relations with 'ns Ss's ,s,sa
the Union. But let US not even coutenFH'TI - tf9.
contingency. Let Us rather cherish 'he OgI., Ol,rp
the Uaon Is indi-soable, and foster our loF'@
il by every considerations OF patriotic priue "'I
hope of national prosperity and reno"". .yora.
~ ~ No tNaI ''iH'