The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-02-01
English spcculations ON the Cotton
supply.


Not many days ago took OCCASION discussing the
Of cotton supply to explain the popularity
Of the difficulties by which this momentuous question Is
attended II Is not that cotton will grow only parcu
ar soils, like cinnamon pepper. The article can
doubleday be produced in fifty different regions Of the
globe, is there much doubt that any kind
OF quality desirable could be impaired TO the crop by
cultivation and skill. This Is not the secret of the
matter The real difficulty consists in this that America
has got fair possession of the market, and sup
plies us with cotton excellent in quality and so
nearly sufficient in quantity that only narrow
margin left for fresh competitors Since the pubca
ton OF remarks statistics have been compiled
which place the facts of the in very clear light
deed Last year was remarkable year for the cotton
trade The imports exceeded In amount any yet recorded
the consumption was proportionately large and the
stocks in hand at the close of 1850 st considerable
Coming TO figures, may state that tho weekly
sumption of the Kingdom probably about as 600
bales Of these Al 600 nearly possible, from
the United States, about 900 from 81 ILL., 500 from
Egypt and the West Indies and 200 from India. There
Is the whole case clearly explained America sends
sr set,nhS If oar entire rceipt and naintdns 4 rat
supply ue and succes,y thai he marks Is all her
But, unfortunately this source of our raw material
though excellent while 1t as,s, cannot be regarded
with the confidence which, on SO vital question, wo
ought 10 feel and, short has been the interval
been long enough TO illustrate with alarming force
the precariousness OF the support which we
depend. The cotton States Of America actually
on the brink Of tremendous convulsion. Tho con
tngcncy so long foreseen as possible is imm
nent and II we should hear by any of the ncxt mails
tina, the cotton crop is in danger from the derange
ment OF industry and business, we should not be
prised. Already the Americans themselves appear
to be scared at the prospect. We told that the
price Of negroes has fallen enormously, and the
value OF slave property could hardly have been
effected except through msgivings as to slave
produce. At any rate, If assume, "a perhaps
may that the interests OF the cotton grower will be
strong enough to protect the cotton against any
very serious immediate mischief, IL longer
denied that our position is becoming unsafe 10 the ex
IRENE. We are holding on ~ single anchor and the
strands u the odtte seem actually parting Nobiy tell
,cdt may b. he sc Of Political disorgan saiion ,n ~.
ootcn States ~ the Union and in w,at condition should
tnd o,rselces ne SIR ',cenns @ oar supply Which these
pose the imports reduced even by half third what
to dor Tho distress at Coventry gives but
idea OF the misery and ruin which would overwhelm
our staple manufacture abruptly stopped.
Hbehoores u.s. then pthot hours DELAY, % take his
described Is perfectly easy work. Three qsarters OF
the globe are actually competing for the favor Of
ders Asia gives us India and India as is invariably
cotton-whatever crop fails elsewhere Is be pro
ducble IN India AS Il ~ the Indian cotton supply
next TO the American IN point OF magnitude though with
long interval between and II is already calculated that
these imports viii be materially increased during
the current year Then there Is Australia bidding
for notice We assured upon tho evidence OF
excellent authorities that nothing would be easier
than TO make Australia good cotton field America
y now. Invest the capital, organize the trade invite
Chinese aborers, and the desired results will follow
with the most infalible certainty Hardly have
opened our eyes ~ these agreeable visions when TIL
advocates OF African civilization nterpose their claims
Africa IL the land of cotton In those regions the
plant Is not an excite II requires naturalization. It
ignorance OF the natives will permit the process. Then
why not extend hand to the struggling negro and bene
M an Oppressed race by the policy which wouIl
provide our kmanuiaciurcrs with neAhausble suppesi
such the views which have been pressed upon
notice by rival espondents II Is not province
discriminate between tho offers before Whether
India Australia, Africa would be the best field for
energies shall not at present atemp, to decide
Perhaps II would be advisable TO lay them all under
tributon together, for such distribution would lessen
the chances general failure and the extension Of
manufactures may absorb all the supplies which these
combined sources could furnish. If We 70 clothe
the population Of China, shall want large additional
imports Of cotton. All, however, that we can gather
llon the American example is encouraging. That
wonderful trade which now yields the United
revenue ~ fully Gao 600 900 year, Is as purely
sncia % trade can be. The plant supported aud
~ ~ lspV, vas imported Everything was accomplished
~ Wsty ana enterprise and what has been done once
W w Vne again lake soil favorable TO the growth
., o1u VIC cotton trade IN be created 70 a Ger
.i,s ~ = bot eVen work Of time. Seven short
vars suVcu W rAse The produce Of cotton In America
from 900 pounds to IS 900 900 pounis-from 4 sin rle
bale " 5o,Uov bales. II must be remembered h,yeyer
mat TINS eat was only accomplished by uutirny euergv
andabundani capital The enterprise was amply rem,.