The sun. [volume] (New York [N.Y.]) 1833-1916, 1861-11-16
rnsiI.h d. pendcrce upon Am ,rica.

We cory bclo~ from the London T;tnes, Of tho
t)th ult., portion of an article showing how
closely connected are he interests NJ all classes
o. our En- sish cousins viii ours. Oar readers
will notice that the Tim, not only complains
that England is unabl, TO buy cotton hut also
because de cannot sell her goods. This de-
pendence no have Indicated also drives the
Times to the declaration that England will, IN
no event, Ne induce 70 break our blockade, as
she fears our enmity ~hen the country shall be
once more at peace -
The population returns shCw that nearly a
million OF men, women and children In this
land are directly dependent upon the cotton
manufacturers. whoa the returns Of 1861 have
leen equally well-sited, we shaft probably find
that this number has been very greatly in
creased during the intervening tor years and
we shall obtain some insi. ht into the reasons
If thai intense iniercs with which pillic and
commercial men are 6nchirs the tables Of i'm
yOr and exports which arc monthly is.ued
from the Board OF Trade. The last of th,.e now
les before u, and its ii It aspect il somewhat
startling.
Eight millions are tn, deficit in our imt or :
ring the last nine months But as the cont
pItatipn goes on, the figures become oven W..
i.orc formidable. Eight millions upon the Mao
crease Of "a per cant. But when w compare
> ptcmhcr with September we tnl that the
falling of in the last month had increased from
"a to nearly u per cent. as compared with the
ST. tender If isGO.
There Is no uncertaintv ~ to the cause vt th.
disturbance Of our onward course Of increase in
profitable industry. II in 60, ton mi In cotton
yarns, in w~llcns and in .ilks, In hardware and
in metals, that We have gone backwards In
other matters oar imu cdiitc ne! hhors deal
with NJ as ever. Whom, however we compare
our public returns with Tho, Of tho A,hrtic
porte, II. contrast Is stuprnlous.
Two wears ago W. werc stunned with stories
OF the Enormous wealth which the ENGINES Of
Manchester were huutly crcatin.. Then We
saw now factories arising in every valley in tn,
neighlo' hood Of The great Govt Metropolis.
Few 81 ua ever realized 20 uu-snlvC. ths certain
ty that this could MT last. II has happened
that disturbance h14 first occurred in Amcricl,
where least Of all j. was dr al'i. This part ct
our custom has suddculv stopped. The North
have become too poor to buy, unl the South
have b IN uhysicallv prevented from either
buying or scl'us. Tho Northern States have
shtr M their own coiss 10y rrohibitivc tariff
ard they have shat up the South nm coast 10y a
llo,kadc which SO long as IL is effective, we arc
b 'uud to rysIcci.
Last year we were luil ling mills and refusing
orders; this year 80 can 10 our work in tho
Mills Ilscaly built, and We can execute all the
O,dCrs that are offered to "a al The h 'her prices
we are olli gcl TO demand No doubt thin Is
may yet hc worse. It may happen that our
stocks Of Cotton may be all expended before We
have c N able toaaieiniurcc them; and 1t may
ho-al,hough w. think il most improbable -
that Cotton viii continue to accumJhte in
America and will lie there idle.
But rs the clouds thckcn in the West, day
light dawns in thu East India, which, proper
" stimulated, can produce all things, is bcstir-
ring herself to supply our necessities in the
a.tilc Of cotton. VIVA, has been long certain
in theory il now about to b1 shown in practice,
that With American seed and European uper-
vision We may obtain any quantity Of cotton
from India that Manchester will pay for.
America is great element but not q ncccs-
silly TO our commercial well being. We shoul |
Ike 10 SEQ her At peace and to sec our trading
relations restored; but il IL too much TO suppo e
that shc hollis in her hanl4 any enduring power
over The prosperity Of In ,lnl. We cin well
afford to wait and see this contest brought TO a
close ; nor will any irIdins necessities Ia 20 IA
TO break her hlockada5 or to side with either
party in the conflict.