Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-02-26
The Supply Of Cotton.

gllsh manufacturers very MICH
They are calling upon government
to stimulate the production Of cot
ton in other portions Of the world,
so as to be freed from dependence on
the United States especially, since
the supply from this country is not
row adequate TO the demand. We
clip the following stirling statistics
from an address made b. the Presi-
dent TO the Manchester (Engiand)
Commercial Association, aud they
serve to show tbat our cot:on plan
ters have The game in their own
hands They alone OF this country
alone Can grow the article extern
fiyeIy, AID tue demind equals if it
3 does not exceed even their ability
TO supply il:
He alluded to the probable dis
tress which was likely TO be felt. and
before long too, in this community
and the manufacturing districts.
from the inadequate supply Of the
raw material whiuh afforded employ
ment to "a vast number of the inhab-
itants Of that district. (Ifear, hear
From l847 TO 1856 the imports Of
cotton FROM the United States inc
England had donbled In l847 the
imports were $4,000 bales and in
1856 2,467 goo bales; but in the
face Of this, such was The progress o
British manufactures, and the extern
sion of their cotton trade that where
as at the end Of 1876 the stock OF
band at Liverpool was 100000 bale
or twenty weeks consumption Ill
ten years afterwards, that was il
1856, with an import Of 2,467 ,00C
bales, they ended the year with
stock on hand at Liverpool OF onl,
$4,000 bales, an eight weeks con
sumption (Hear, hear)
The estimated crop from Americ
this year, was only 100000 bales
and at the present rate Of consump
ton We could not, with that estimate
have snything to spare in hand a
the end Of the year, for at the pres
CIT time the United States and til
Continent, were using as much cot
ton rs Great Britain herself This
then, was a very serious questio
(hear, hear.) How were they here t
provide for the contingency to wbic
he had alluded? The manufacture
here had had been in the habit {
putting himself Into a railway traiI
going down to Liverpool, and telin
his broker to bus him 80 much Co
ton, bat, ia the sfale of effairs
which he had alluded should be II
allied what Was TO DO done!
lie believed that fail the spindle
now in operation continued goint
and The additional ones which he ii
chairman knew we're TO be set
motion should be in use, there woul
not be a bale of cotton in Liverpot
at the end Of 1857, (hear, bear.)
Tia consequence would be that c
Their cotton would get TO such priC
that those who were. tie weake!
mus: stop their works. and an in
mense number Of people be throw
out Of employment, or otherwise Il
eutire stock of cotton would be e.
liausted (hear, hear. What The
was 10 be done? Ten years ago, the
in that room had reflected on wal
was now approaching. Africa, Au
tralia, the Cape of Good Hope, n
tai and TIE West Indies, had all bee
spoken OF, and in time those place
would, no doubt, supply this countl
with cotton.
The East IndIa Company Dug
long ago to have made that countl
"a cotton producing country, (hea
hear, aud loud cheers,) and if Ind
had been in The haods Ct the Yankee
1t would long ago have been sue
.(renewcd Oheers) There was lar
enough in the East Indies 10 gro
oil the cotton that was wanted her
and it was the duty Of the compar
to facilitate its growth (hear, heal
He did not SLY it was the company
duty to grow it themselves, bot
was their duty to aid in its produ
zion by makiog roads and supplyiI
the means ofiuigation, SO as to mai
the land available, and tbs they b;
neglected to do. clear, hear)