, 1861-11-22
E0ET@N Is HING.

AOEE&A Ii KING.
And Gotten is, just now, possessing q
divided and disturbed realm The n oof |
Of history just 1t tie present tine is be-
coming 10 large degree, we may say,
Gotten. 4 shert supply of lhis staple.
upon which the bread of millions Of her
i1habilsnts directly depends, is promi-
rently giving Feint to the sympathies Of
England in the existing difficulties in this
country. Her manufacturing distric:s are
slready beginning to experience 8 critical
condition Of business, and find 3 gloomy
look ahead fer the coming winter, especial
Il for the werkiag classes, and the local
press is using its influence, and mil-swn-
ers are issuing rlaeards end handbills to
WE'D them te Srepxre as FIR as possible for
d,m;nished earnings.
TIE question is, first as to the stock on
hand, and at this very outset, authorities
differ: Lates: reports represent tie Cotton
panic IN England sabsiding, and there are
6lrewd observers who do not hesitate to
pronounce tkat this has been to large
degree, from the first, fictitious, and the
result Of mania for Cotton specu1ations,
which in extent and character is compared
tc the Railway fever in the days of King
Hudson. ]. is said that all classes Of ca
pitalists, large aad small, have dipped into
operations in this staple, that professional
men, and even women, have elboved aud
jostled ore another, and The regular dealers,
in their ea- er1ess to share in the ineTita-
lie TIEc. With what figures actually shsn,
Of stock En- hand sufficient to last at
ordinary rate Of consumption, until april
rext, OF five months, the chances indeed
are that possible events of restored sources
Of supply may bring about q collapse, to
the loss and ruin Of these speeulators, oac
and all, who hare predicatcd much upon
continued ard enhanced high prices, B5
The last steamer the following reports shoa
the condition Of the English market:
The present stack Of raw cotton in Liverpool
may BE- added 1e9. .00 bales reported to be on til:
way lhitler from Intia sud elsewhere, making O.
aggregate OF 79a 0:e. Now that most Of the fac
ie believed 10 b between q, ,030 ana 300O0 BALE
per week, say y 500. TO this eh51l9 be added th,
Quantities e1 ported to the continent and tafs
lfy, which ftf eeme lime iave averaged 9. .0G0 bsle
1er. week, making 81 aggregate Of $500 balys to
each week.
Before the supply shove estimated vii
give out, OF by carly next Spring. eve1
should tic Southern ports remain closed
aid the ports eSraerdinary, opened b.,
Secretary Chase, furnish only an ineos
siderable amount, there are other sources
Sc India and Egypt, whence Cotton vii
Gene forward. The reports from th
former cou1tzy are favorable. Ther
is but tardy progrcssivcness in its peopI;
ard they are slow TO seek out and e.
Dow channels, but Manchester and th
EDglish cotton lords have wonderful,
stimulated even India, and the culture Q
The plant, even under the drawbacks {
uIskillful culture and natural incidence,
making progress over an area, each yea
itrgely Increasing. India is certainly i
tue market, and SecesEia will learn it i
time. It is said that fifty Thousand balls
are for sale in the depots Of the Ganges T.
gien, and the Hindoos may within tn
yeazs time turn the tables against Il
South, and give them what will be amor
the substantial and permanent results
the rebellisp, IN supplanting them in, or
least, sharing With them. on uneven term
the u1arts of the West Of Europe.