Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-02-13
Our files by the Baltic contain few add;,o,,
matters OF interest, which We subjoin ''"'


England.
INTERESTING COMMERCIAL REPoRT-A SHORT sunn
OF COTTON ANTICIPATED, ETC.
AT the annual meeting of the Manchester To-.
mercial Association. James Aspnwa Turner nr.o1
ed. and large number of members were present
The annual report was very lengthy, referring -
nineteen subjects among Others to relation, e.. "
Brazil and to the Atlantic telegraph The cha;"in
IN addressing the meeting, reviewed some of the no'
features contained in the report, and congratnIaa9
the commercial world that since the close Of the o
our exports had increased by EGO, 900 600 on"af
ing this year to Ellis, OoO,OOO thus shown I
commercial and manufacturing prosperity but tb"a
was one cloud which darkened it, and to wbshl[e
regretted having to refer. ue
He alluded to the probable distress which was GLo
ly to be felt, and before long too, In this Commute
and the manufacturing districts. from the naioonay
supply of the raw material which afforded em11Io
| nent to a vast number OF the inhabitants of that AZ
trict. Hear, hearl From 1847 to 1856 the imno.s.
of cotton from the United States into England baS
doubled In 1847 the imports were 1. 234 0O0 boIaN
and in 1885, 2,467 900 bales; but in the face of tb;
such the progress, of British manufactures onS
the extension of their cotton trade that whereas ~
tEe end of 1916 the stock on hand at Liverpool was
10000 bales, or twenty weeks consumption-;D
ten years aiterw ards, that was in 1856 with an i'm
port OF 2467, OOO bales, they ended the year with
stock ca hand at Liverpool of only $4,000 bales or
eight weeks consumption. Hear hear.]
The estimated crop from America this wear w,v
only 3O00,00O, and at he present rate of consnmn
ton could not, with that estimate, have anvihinc
to spare in hand al the end Of he year, for at the
present time the United States and the continent
were using as much cotton as Great Britain herself
This, then, was serious question: Hear hear 4
How they here to provide for the cont;noo1cv
to which he had alluded The manufacturer here
had been in the habit of putting himself into a rail-
, way train, going down to Liverpool and telling his
broker 10 buy HIM much cotton but if this state
OF affairs to which have alluded should be reaz
ed what was to be done!
He belieN ed that if all the spindles now in OPERA
ton continued going, and those additional ones
which he Che chairman) knew were to be set in
motion should be in use, there would not be a bale
of cotton in Liverpool at the end of 1857 Hear
hear The consequence would be that either cot.
ton would get to such price that those wiz were
the weakest must stop their works and an immense
number of people be thrown out of employment, or
otherwise the entire stock of cotton would be ex.
hausted Hear, bear] What, then, was to be
done Ten years ago they in that room had
Elected on what was now approaching. Africa, Aus.
tralla, the Cape of Good Hope, Natal and the West
Indies had all been spoken of, and in time those
! places would, no doubt supply this country with
cotton.
The East India Company ought long ago to have
made that cOury cotton producing country [hear,
hear, and loud cheers j and if India had been in the
hands OF the Yankees, it would long ago have been
such. renewed cheers. There was land enough
in the East Indies to grow all the cotton that was
wanted here and ii the duty of the company to
facilitate its growth Hear, hear. He did not say
1t was the companys duty 10 grow It themselves, but
it was their duty 10 aid in its production by making
roads and supplying the means of irrigation TO
make the land available and this they had neglected
J 10 do. Hear, hear
a The speaker then referred to the instances of
e commercial immortality which had taken place dur
ing the past year, and said the country had reason
to feel Inundated at these abominabe crimes some
of which had been cOndignly punished by the Judges
of the land But there were others, too, whom the
law had not reached including n en- in Lombard
street. He did not want to libel ANYBODY but when
, be who had held situations under govern
,ment guilty OF these breaches, be would not say all
be felt, but he would Say that they deserved the
s contempt OF every wel-constitutsd mind Hear,
) hear, and loud cheers. The report was then unan
mously adopted.
e An influential meeting of merchants and brokers
II was held in London the 10Th, Baron Rothschild
: in the chair. The object of the meeting in
duce the government to pass an act placing warrants
bills OF ladng, and other documents relative to the
delivery of goods, the same footing as bank notes
or bills OF exchange.
Robson, the crystal palace forger, has become a
maniac, and there is talk of removing him from prison
to Bethlehem Hospital for the Insane.
The London Times publishes circumstantial ac-
count OF the last illness and death of The Rev Dr..
f Grant, Roman Catholic Bishop of Southwark Lon
don. DR.. Grant himself declares that he is alive and
perfectly well
, Rev. Dr. Richersteth, the newly appointed Bishop
of Ripon, was consecratod on Sunday the 18Th
Actions have been commenced in the name Of the
depository against the shareholders of the Royal
British Bank. bankruptcies and insolvences must
' follow.
At meeting at Manchester 81 900 were sub
scribed to erect statue the late Joseph Brother.
ton, M. 7.
y The weather in England was very mild.
THE POWER OF FRANcE-The Philadelphia Ledger
in discussing this subject, says:
Il mot in the palmes days of Napoleon |. did
the power and influence of France stand high all
l. over Europe as it does at this moment. Throughout
the world, only the American continent,
k there is no movement of any importance, but the
French Emperor strikes the key note. One of his
e engineers took Herat In Rome, he and he alone
d supports the Pope keeps things in order, and is
therefore the main support of tn Catholic religion
s Not Austria, with all her concordats, with her
= position and her armies, has quarter the direct
# huence OF France upon the papacy. In Greece be
e dictates absolutely. With the strongest army at
v the seat of government, the presence of the
"a small English force only serves to keep him in
enance md follow his lead. His power in Constan-
W nople, and throughout the empire OF Turkey in
a. Asia, is greater than that of England, while
l. along the shores Of northern Africa power second
. to none since that of Ancient Rome after the
quest of Carthage is rapidly arising"
a ABOLITION PRoGREss-The Garrissonian school
OF Ahoitoniss seems to progress crab fashion, that
~ is backward. according to its confession The
e following item will explain meaning:
D. The Boston Lberator commences on its 28th vol
in ume with new type. Mr. Garrison says that the
a. number of lis subscribers is greater than 1t was
twenty years ago. Its receipts during the last year
have min!shed, and its number OF subscribers re-
!? ~ duced.
OF "What's the matter, Uncle Jerry!" said Mr.
"a -, old jeremiah k. was passing BY growl'