Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-06-12

The Cotton Trade-Indin to supply En-
gland with thc Great Southern Staple.
The India correspondent of the Boston
journal writes from Melrose on the Sd Of
April, as follows; ar.I-e .|.
While in 1858 the cotton export to England
was 1872, 722, 576 pounds from Bombay alone,
in ls59-6O il was 32l, ,264, OFT pounds, valued
about Go, 100000 sterling. Bombay exports
to China more largely than TO Great Britain,
because the Chinese give higher price
And If this is the case from the chief cotton
port of country which has no good roads,
and few irrigation canals, the self interest of
whose natives has not been called into play
yet who grow enough of cotton for the wants
of 200, 600, 900 of people beside what they ex.
port, can it be said that India will never take
the place of the States to Lancashire But
more than this. 1t is a remarkable fact that
new products have been developed, and a
new and purely native trade has been created
during the last ten years. Starting with
1885, the first year when the effects of the
opening of the trade to India were felt, what
do we fnd2 Up to 1889 the average annual
exports of cotton from India to England were
46, 900, 900 pounds; in the next decade they
rose TO 75,000000, and in the last to l35 900,
600. .e.b'
Against l53, 994 cwts. of India sugar i'm
ported into England in 1888, we have to set
an average of 100000 cwts. in recent years,
the value in 1857, being nearly f2, 900, 900
sterling. Against 179, $40 cwts. of rice sent
to England as late as 1853, we sent 3, 57l, ,609
cwts. in 1852 the value Of above fl, 500, 900
sterling, For 1000 bushels of linseed sent
TO England in 1888, we sent 3,333, 900 in
1858, valued at FL, l48, 500. So with rape,
hides, jute and sleeps wool, a trade in ali Of
which has sprung up recently. And not
merely has there been vast increase in
| quantity, but a remarkable improvement in
| quality. A few years ago rice could com
pete in the English market only under
protecting" duty Of l1zd, pound. Now,
without protection, it is fast supplanting the
| American. India, through England, sup
| plies the continent of Europe. Since the
Crimean War, India has been slowly pushing
both Russia and America out Of the Euro
pean market. .,;5.
In 1854 America exported rice TO the value
of $2,634, l27, and sugar $690,744. In 1858,
rice only $l,670,578, and sugar $515, 1856,
while the export of molasses fell off in SINH
lar proportions. If since lS40 India has
created great trade in sugar, rice, linseed,
hides, hemp and wool; if by its better quali
ties and lower prices it is supplanting Amer
les; if high prices have led to an improve
ment, both in cultivation and preparation in
these six articles, what will not the same
causes effect for cottonP And if the slave
States have nearly exhausted their present
soils, il the free North refuses to allow them
to touch the unsettled virgin lands of the
West, what may not India accomplish as her
substitute, with wealth yet undeveloped by
capital, with crops which can not reach q
market for want of roads, with soils whose
only want is water to make them the most
fer tile in the world2 ..r. .r. ...a- rrs
Facility of communication between the
high table of the interior and the coast is all
that India wants to make it at once and
forever the feeder of Lancashire. With q
strange pertinacity, Manchester men have
cluDg to plans for teaching the natives o.
India how to grow staple which hourished
and which they manufactured into exqnisitG
fabrics in the DAYS of Herodotus. Self utter.
est alone will teach them, as it has done in
the case of rice and seeds. Manchester
growls at the protective DUTY on cotton
yarn, which has led to the establishment o.
so many mills in Bombay. But it will mos
effectually play into the hands of native
manufacturers if it is to prate as it has done
for the last ten years Of teaching the Sc.:o5
What will that teachiag, u is received
amount to Not merely to t1ling the sol
'OIeanlng Ine raw staple but to manu-
featuring it into yarn. Do the Manchester
men want that2
In 1872, the cost per pound OF cotton yarr
was 2s. 3d.; in 1858 it was Id In India the
cost was 3s. I'd; and it is so to this day. I'm
|
ference, and teaching will amount merely tc
a removal of the difference. All teaching
attempts, whether by Governments or pri
vate companies, have failed. Bombay hal
abandoned the former ind iJgust, after squan
dering on them million sterling. Societies
and private firms, both in Calcutta and Bonn
bay, still cling to the latter. 1t is waste o
power. ...- -....-.
Roads and railways, and in lesser degree
| irripated canals-are wanted: self.interes
will accomplish the rest. Let all Mancheste
men, with capital, with tongue, with pen
by all means in their power, create these. 4
great system of roads connected with tn
, Great India Peninsular Railway, which i
opening up Bersr, now wholly ceded to us
and with the Bombay and Bsroda Railway
which will lay open Ahmedabsd and Surai
is wanted. When that system is created
and these and minor railways ere perfected
India will become the sole feeder of Ian
cashire, and Bombay the capital of Asia.