New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-28

The COMMERCIAL POWER OF COTToN.-At recent
meeting of the Cotton Planters Association, held a,
Macon, Ca, an interesting paper was read on the
commercial influence Of cotton considered 10 its rela
lion to the trade and industry of the world. The
memoir was drawn up by committee appointed for
| the purpose consisting of Messrs Rogers, Davis
Hillman, Rumph and Belvin. Taking for the basis
OF their calculations the estimate of Mr. Marcy when
as Secretary of State, in obedience to request made
by the Honse of Representatives, he submitted re.
port in which he placed the average vane of the an.
nua cotton crop of the United States at 800 600 900
the committee add to this sum s33 600 600 as the
value OF the cotton crop produced in other countries
Inns stating he total production of the world at
$l33 700 600 Surprising that of the product thus
raised 10 different countries amount to the value
OF 500 is retained at home for the purpose of
immediate domestic c0nsnmption-and this is about
the amount according to best data attainabe by the
commttee-they assume the basis of their first de.
parture IN estimating the commercial power of cotton
that at least 600 worth Of the material
enters INTO the commercial exports of the world AS
THESE exports imply an import of equal value in the
way OF exchangeable commodities, the commercial
power OF cotton in this its primary aspect rises to the
sum of 5000 100000.
But the manufacturing countries which receive this
COTTON turn it into textile fabrics which acquire q
greatly enhanced value above the cost of the raw ma
terlal This increased value is moderately estimated
Dy the committee at six times the original price of
the commodity. ALI OF this manufactured cotton ia
not needed for home consumption, and. according to
the best tables is estimated that more than one.
sixth OF the cotton imported into manufacturing
countries IS reexported in the shape of the manu-
iactured article which thus lends itself to the
promotion OF commerce. The skilled aborer ex-
pended on the portion thus exported gives to it the
value OF at least 800 600 000 which, determining in
return an import to equal amount adds at least
Szouoo0,oo0 to the commercial exchanges of the
WORLD lnsomuch that in the light of these statistics
tne committee estimate that the immediate influence
OF coltoh In supporting and maintaining the CONNER
cal activity OF civilized States is represented by
sum not less, in round numbers, than 100000 900
per annum.
1t is obvious that this calculation nav be inde6
nltely extended in its Industrial applications and con-
hections. In order to show in all its relations and
bearings the poltlcoeconomical importance oil cotton
considered as an element in the great web of human
affairs. National Intelligeucer.
~, LOCATION FOR THE TEXAS RESERVE INDIANS
", MiTcHlTAs, CAMANCHEs, KEcHIs AND oTHERs.-Msj
Elas rector, OF the Southern SUPPLEMENTARY, and
Sol. 5. A. Bain. Wichita Agent, have chosen site
ior an agency for these Indians at the old Kechi vii
tween the 9sth and Tooth degrees of longitude, and
say ten miles south OF the 35th parallel of latitude
near Wnippe's route to California.
" ihls location is in what is called the Sugar Tree
aey ana lor twenty or thirty miles round is good
farming country, well watered, with plenty of timber
, , farming purposes and capable of sustaining
large population. 1t is on Beale's road to Albu-
qnerque.
me location Of this Agency in SO fertile, well
IVA hs anu healthy country surrounded it is
Wy parren pralrles and naked mountains. reflects
much credit on the Superintendent ana being on
tne ROAD to albuquerque will facilitate the travel
auu trade oeog opened in that direction by our en-
terprising community.
~ Is supposed that new fort will be bnilt at or
near ms place, 1t being better point for one than
eau oe iouno IN htty to one hundred miles distant,
ana II may be necessary for the protection of the
Indians. Fort Smith Herald, 18th.