Daily Richmond Whig. [volume] (Richmond, Va.) 1861-1862, 1861-09-17
TEE COMMERCIAL CURE YoR THE COTTON DIFFICULTY
fP,om a ,rsis OomuercIsI Adysrtiasr Aus 90

[Prom G,rss Commercial Advertiser, Aug pl
Our present. stock Of American cotton IT, say $4,000
bales Taking the average weekly sumption, at tho
end Of seven weeks this stock will be reduced 10
bales. In the meantime trade improves; our millions
prosper there Is peace tbs continent our comnercs
unrestricted except regards the por OF the Con-
fsderate States. What will be the cons quence OF all
tbisi There will be large demand upon manufacturers
for their stus and upon merchants for their cotton,
which then shoot up to . price which, If named
nov, would only raise laugh. Let US bring strong
and conclusive argument to settle the matter at once and
forever Suppose unprecedented high prices given
for the manufactured stuff and the stock Of cotton 10
Low that nothing but working short time could secure
the material TOR month at the most, Why should
spinners hesitate to convert it into yarnr When the
stock Of American lie exhausted their value will
be immensely augmented. Then surely there earth
ly wny spinners should spin long they
buy cotton. 1t will ct once ocsur to every spinner
who has stock of cotton that it the saf.s and most
.o6able 10 turn into yarns with the utmost
despatch, because, should the American war be sud.
denly terminated his cotton would show oss but bis
yarns would Immediately increase in value the reopen
ing Of the American trade
Then what must be done to modify the consumption
Of that staple upon the supply OF which four millions OF
poorer classes depend for their daily bread There
nothing for it bu, the establishment Of higher scale Of
prices. Consumption can only thus be stayed.
From the London Times Aug 2sl
LORD PALMER5TON'S OBSERVATIONS ON THE
BULL RUN FIGHT.
Yesterday Lord Palmerston formally installed In
bis offi,e Of Lord Warden of the Cnque Ports, with
much pomp and circumstance, and amid every demon
stration of popular enthusiasm. The banquet was held
10 the Aaison Deu which has been recently restored
and decorated. The bueing, which was formerly re
gous house Of the order OF the Templars is now used
as town hail. Il Is the very edi6ce IN which, accord.
ing local tradition, the recreant King John delivered
his kingdom to the Papal Legate Pandu and undertook
do homage for IL vassa Of the Pope paying 1000
marks annual tribute.
The Charm, rose introduce the toast Of the
ing Having referred to the ancient OF the ports
and eulogixed the character and merits Of their disti0
gushed guest his Worship gave the health of Vscount
Paluerston, their Lord Warden.
The toast was received with vehement and prolonged
cheering.
Lord Palmsrs.on then rose and said Mr. Mayor ard
gentlemen it il really not Of those commonplace eI'
Dressions which are usual these occasions IL say
shat words adequately express the smallest por
ton oil the gratitude winch feel Ter the kind, the warm,
the cordial rec, pon which have met with, lot oily in
this hail. but In every part OF the precincts OF Dover
through which have passed during the proc edings Of
day. Col Achurdo truly observed that recent events
n America should teach US q valuable lessen. Tho
ample OF what has happened the Atlantic shows
hst you may collect thousands Of men together and put
uniforms on their backs aud muskets in their hands but
YOU do not thereby convert them into or into an
1 NJ. d
enough that there should be individual bravery. Why
our cousins in America, as individual men, bravs
AZ auy that tread the earth They Of the stock
as ourselves, they descended from the same pa.
,ns are animal by the same Spirit and prepared 10
encounter equal dangers. But when thousands OF men
as personally any race in existence get to
gether each man wanting that confidence in bis comrade
shich discipline aud training alone supply, they eI.
hib to toe world that unfortunate rpidity OF move.
ment which took place a. Bull Run. (Llughter) Tia
say no dsparIgement TO the valor OF the American
but affords repeat lets)n which we ourselves may
usefuly pond.r and remember, vs that Discipline and
organ ,tion are indispensable to make any army efficient
| in the field.
COLONEL uuuRDos OPINION or GENERAL N'OLrLLAss
DISCIPLINE.
Colonel McMurdo returned thanks for the Volunteers,
and bore testimony to the admirable manner 10 which
the different corps of the Cirque Ports had acquitted
the that day They consisted Of scattered corps
shich had been brought together befor but their
performances had Illustrated the principle which he had
constantly enunciaed, namely-tbat when company drill
had been ded to there was no fear but that when
brought together in bialons and brgads they would
work we'll la Great Britain there now 347 batteries
OF volunteer artillery, such those he bad seen that
day, representing total force OF y 800 sreIymeb IL
addition to which had 900 vounteeS rihsmsn-
Our volunteers would be above taking lesson from
What had happened in America and perhaps general
oi,ers might advantA geousy do the same. General
MCesns fret general order referred to that prime
sentiA to al army in the edthe proper sanitary con-
dton Of the camps. sides organizing his army, Gen.
era Mcclellan ives also jddicousy Organizing that great
vehicle of intelligence, the public press Instead Of
chasi. away is correspondent and representatives from
his heaoauarter. he had laid down code OF rules for
their guidance and appealed to their patriotism to follow
It, The weak point Of volunteer system said to
be the officers No doubt those gentleman required time
10 attain proficiency but be believed they would
derake their important duties unles, they really intend
ed 10 qualify themselves Tor their proper iui!ment-
Hear, hear.)
rHE ABOLITION ASPECT OF THE WAR
From the L,nion New, Aug SOL
TIE Confed rates. in fact settled the fate OF slavery
when they drilled and armed thsir two negro regiments
and the government merely cortoboraes that settlement
by authorizing the formation Of similar force on the
other side The renee 10 that the Southern leaders
d, not know what they are DOING while the government
i, perfectly aware of the import Of what II ordans aud
torsuyy conscious that it cannot reed, from Its po'
sition The position is, however, manifesty and avov
ely provisional one and the necessary conclusion Is
that the Federal cause ia hsnceforth identified with The
abolition Of slavery
ENGLAND'S POLICY IN CANADA-L0RD k0NCKS
APPOINTMENT AS GOVERNOR GENERAL
Prsm the Iond N Post, government orsanD August O..
We do not anticipate that Vscount honck will have
very difficult task. Even II by some accident peace
should be restored in the United States, aud the half
million in should be let loose upon Cansds the
province quite ready and has full strength enough TO
hell its own. viscount Aonck, however, may accom-
psh great good by elevsag the tone Of public in
Cauada A. present 1t is believed that the members Ct
the provincial governm INT Composed chiefly Of lvyers
no. altogether innocent Of completely 10 those DDS
which have made the Grand Trunk Railway scandal and
grace TO the province. In the present circumstances
of the United States he will not only have TO maintain
the dignity and neutrality Of Cansda but he may foster
manufactures aud commerce, and above ALL attract to
the province that vast stream Of emigration which hitherto
has 50 unaccounaby proceeded TO the States Of the
American Union.
q LINCOLN'5 FINANCIAL RES0URcR3
lyrOm the LONDON Herald DERBY orssaJ August ST.
Uk.n hroka ont q rtade tablshed with