The national Republican., 1861-05-15

CorroS.-By the last arrival from England,
we have reports OF the formation Of numerous
companies, with large capitals, to stimulate the
production of cotton in the East and West In.
dies, in Africa, in South America, and else
where. One company, with capital of fifty
thousand pounds sterling, is called the Jamaica
Cotton Supply Company. There can be no diff
fculty, in a couple of years, in supplying the
cotton wants Of mankind, without getting bale
from the Southern States.
Central America and Mexico alone, can sup
ply the world with cotton.
The unbounded wealth and energy Of the
British manufacturers Of cotton, may be relied
upon, to meet the emergency mot very proba'
ble) of even total cessation of cotton raising
in this country.
COLLECTING REyENUE-One of the results
Of thorough blockade of the Southern coast,
will be, that the insurgent States will receive
no foreign goods, except by inland routes, and
which have first paid duties into the national
treasury.
But the questions will remain, to what ex.
tent this inland trade with them shall be per.
mitted at all, and to what additional taxation
it may be judiciously subjected.
For instance, it is to be considered whether
it may be most wise to prohibit the export o
cotton from the South, inland, as well as sea
ward, or to tax the privilege of exporting it
30 as to get revenue.
One view is, to hermetically seal the revou
tionized section. Another view is, TO tax every
thing going in or out, as high as it will posi-
bly, bear, just leaving the revolutionists margin
enough to keep body and soul together.
There are no constitutional difficulties in the
way, as it can all be managed under the wal
power. If it is lawful to blockade, it is Lawful
to exempt from the blockade, upon the pay
ment of pecuniary equivalents.
SURPRISING SERvILE 1NsURRECTIoN.-Tht
substance of q correspondence between Gov
ernor Andrews, Of Massachusetts,, and General
Butler, in relation to the offer OF the latter tt
assist in repressing servile insurrection a
Annapolis, is published.
Governor Andrews suggests that, as liabil
ity to such insurrection is one of the veal
points of the enemy, good general, considering
Maryland as in the attitude of an enemy, shoulc
have taken advantage of it.
General Butler makes two replies.
His first reply, which is good one, is, tina
Maryland was not an enemy, but in the Unior
and friendly. As we observed at the time, thi
is an adequate justification of his conduct.
His second reply is thus reported, in tn
summary, which is before us:
"The General then goes on TO speak Of tn
future, and says that when any communit
which has met him in honorable warfare, G
even in rebellious warfare-honorably conduc
sd-asked his services to suppress servile in
surrection, he shall be ready for looking q
the subject purely in military point of view
he shall consider any enemy already subjuga
ted when it shall claim such protection. Blu
II he should find any community ready to al
tack his men by poison, or with the assassin
knife, it may be necessary to remind it that
possesses within its own borders a means Q
destruction more potent than any which it cal
bring against Federal troops"
When the States which are in rebellion
against the national Government, are entered