Daily Nashville patriot. [volume] (Nashville, Tenn.) 1860-1862, 1861-10-06
Bales.
.553,370

0UteS.
Stock of American cotton, Septem-
Der 5, 1861. .55s,37O
Consumption of American cotton and
export from January L, to present
time, has been, per week ....... AZ, 500
The present stock of American cotton
if all consumed by the 31st of De-
| cember, 1861, would only allow of
a weekly consumption and export
............... $4,000
The present stock of American cotton
is less than it was last year, at pre-
sent time................ 300, DOC
The import of American cotton from
the 5th of September to the 31st
of December, 1860, was upwards of 800 ,00O
| The consumption and export from the
5th of September TO the 31st De-
| cember, 1860, was about. ..... 800, 600
larger than is expected, as the wants hitherto
| supplied direct from America will, in all
| probability, be drawn from here. In oIdi
nary years France and Spain are the earliest
| buyers in the American market, and for some
| time past there have been large orders from
| the latter country in the Liverpool market.
| There is also another very important fact
which must not be lost sight of, namely, that
the last crop of American cotton was 1,l00,-
| 600 bales less than the previous one; conse-
| quently vacuum exists somewhere.
From the preceding remarks the inference
| is quite unavoidable that uery the supply
of american cotton tciU be exhausted and that tie
SpiErers must either close their mills adapt their
machinery to the uss Of East India cotton. But
| there is no use Disgusting the fact that they
| will not do so until compelled by the direct
necessity-a necessity, however, which is not
| far distant.
| Surprising, then, that we are not to receive
| any American cotton, what are our prospects?
| L am afraid very sad indeed.
| For the last few years East India cotton
| has been shipped to the continent only in
| very small quantities; but next year, if the
| American crop is withheld, there will be an
active competition for the staple in Bombay.
| In 1857 high prices drew large supplies from
| India-the aceumulations of years; but be-
| fore prices gave way shipments fell off con-
| siderably, as the country had been well
drained. The question, therefore, appears to
be this: Can India supply England after the
| late drain with more cotton in 1862, and at
| the same time supply the rest of Europe? l
| think no one will venture to answer in the
| affirmative.
| Hitherto eighty.fUs per cent. Of the consumption
| Of cotton has ben american, and the moment
| that shipments are resumed from the seeding
States their cotton will be used, to the almost
entire exclusion Of other kinds, so that what in
/ ducement is there for prudent merchants to
| compete with our continental neighbOrs for
cotton at excessive prices in Bombay, know
| ing, as we do, that it is six months opera
| ton, and that the spinners whom they are
serving will be the first to laugh at them
| should they make the frightful losses which
would be incurred on the resumption of bu-
siness with America. No; if the cotton is to
be imported by reckless spectators, or by the
spinners themselves, as the possible profits
are not at all commensurate with the risk of
loss
Now, with this plain statement of facts be-
fore US, do hope that our spinners will at
once resort to short time, as from the latest
accounts received from America there is lit
tie or no chance of a settlement for many
months to come.
l. in common with all others who are deep
ly Interested in the prosperity of Lancashire,
am delighted at the great efforts now being
made by the British Government and the
Times, to increase, by every possible means,
the cultivation of cotton throughout our col
onies; but L am neither sanguine nor foolish
enough to believe that these laudable efforts
will be crowned with success in time to avert
the sad calamity which will very shortly
OVertake us If the manufacturers of this
country do not act more prudently.
r. A B.
MEASURES OF MANCHESTER SPINNERs.
In contemplation of the apprehended fail
ure Of the cotton supply from America. one
OF the greatest spinning ana manufacturing
firms in the city of Manchester is circulating
note announcing that it is probable the
cotton mills will be compelled to work yeFr o
close dGfg p 1de m appppgEossfcbihg wnte and ex
horting the working people TO economist.
THE EAST INDIA COTTON WON'T ANswER-ITs
= INFERIOR QUALITY.
A correspondent, well versed in cotton
statistics, writes:
The quantity of cotton from India, Egypt,
&c, is of harsh, hairy nature, and can only
be spun into thick, hard, twisted yarn for
heavy goods, and is not adapted to fifth part
Of the trade Of England, any more than SO much
SiraV.
The British cotton interest, with Govern
ment aid, is engaged in an earnest effort to
obtain supplies of cotton from India, Syria,
Egypt, Africa and the West Iudies. In order
10 show the amount of the deficiency that is
to be supplied from new sources, L give the
following accurate returns of consumption
and supply from 1912 to 1860, as made by
the Manchester Chamber OF Commerce. The
total consumption for 1913 was 1852, 9S2
bales of 400 pounds each, of which the United
States supplied l ,436, SAG, and all other coun-
tries 246, 135. The total consumption of 1852
was Z, 1924 ,461 bales, of which the United
States supplied 1914 076 bales, and all other
countries 410,385. The total consumption in
1860 was 3,477, 458 bales. of which the United
States supplied 2,797 ,726, and all other coun-
tries 6S7,7S2.
The increased consumption of cotton in |
Great Britain from 1910 to 1860 was l,794,- |
476 bales. or over 100 per cent CT the whole |
consumption on the former year.
AN AMERICAN PAMPHLET ON SECESSION IN PARIS |
A UNITED NAVAL ACTION AGREED UPON IN |
FRANCE AND ENGLAND.
Correspondence of London Post)
PARIS, Sept. 9.
1t is the fashion in Paris, when any impor-
tant political question arises whether domes-
tic or foreign. to write pamphlets thereon. and |
it frequently happens that they prove profita
BILE to the authors. We have had several
brochures on the origin of the civil war in the
United States of America, some of which were
written to prejudice rather than in
strnct public opinion. Few Frenchmen visit
America, and there are not many sufficiently
acquainted with the history, government and
customs of the United States to form a COR |
rect opinion about the conflict which is now
taking place.
De Toclueyille's democracy in America
might be consulted with advantage by French |
political writers at the present moment. A
pamphlet has appeared, within the last few
lays, entitled ''La Secession aux Etats Unis
1t son Origine," which forms favorable ex-
,eption to the ignorance and party bias of
other French pamphlets on the same subject.
The pages in question are written by an
American journalist, and are intended to ex-
plain to the French public the real origin of
he present lamentable war. The pamphlet is
decidedly the best ,chich has appeared in Paris on
subject which Frenchman really require to
De instructed upon. The French Government,
rom the breaking out of hostilities, has OBJ
erved policy of strict neutrality, and only
ecognizes the Government at Washington.
There are, or have been, delegates from
he South in Paris, but they were not receiv-
ID by the French Government, nor indeed
,ould they be. As regards maritime cues
ions connected with the war, the French