Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1861-09-20

LOS, 900 900 lbs. of clean cotton. n quaint
tY not much less than the imports into Great
Britain from all counties in 1860.
The report of the Cotton Supply Association
endorses the opinion of Capt. Sprye, the pro-
.lcctcr Of a railroad from Rangoon or Ncsris,
IN the Bay of Bengal, through Pegu and a
portion of the Burmese territory, to Esmok
in the Chinese Province of Yunan. 1t says
Pesu. Burmah and the adjacent shore
territory east Of them could produce annual
ly all the raw cotton that England requires.
and the whole OF superior quality"
This writer says, " the price of land is
about equal but it requires about twice as
much surface in India as in America to raise a
hundred pounds OF clean cotton; but in In
dia labor Is 50 per cent cheaper than in Amer
lea, and transit inferior and much more ex.
penslye.'
India cotton is almost unmarkctablc in
England except when the supply from Amer
lea is cut off ,becaas it is exposed to the wealth
er, adulterated with sand and comes into mar
ket in bad condition. This writer says;
The Cotton Supply Association has al
ready commenced to remedy these evils
Agencies have bsen establ shed by them and
improved implements for preparing the raw
cotton have been largely imported into In
dia." But to the article from the Courier
The Cotton crop grown in ls60 was
. short erop"-say ), 10a 900 bales. against
600, 900 in 1873. Under the active trade
of the world a supply of at least / 900 900
was raised. Because Of the deficiency. it is
evident prices must have advanced at the
close Of this season largely, had peace and
prosperity continued-probaby to an aver
age Of Il cents per 10. OF course then,
the succeeding crop, that Of 1851, would
| nave come on the markets at full prices-say
| II cents to the planter. This crop is now
estimated at l 900 600 bales grown. With
out the encouragement of war, in 50 favor
able season it would have been 5 900 900
bales which, at only Il l-2 cents per b.,
would have produced 500 900 900 dollars.
i 1t is sale to say the crop OF lS62 would have
been of equal market value; because, if less
/ ia quantity. it woald have been higher in
+ price. Perhaps this would have so increased
the surplus stocks as to cause lower prices
for the crop of lS63-say cents to the
planter. But the gradual increase would
have carried that crop up to ) 800 600 bales,
worth ut : cents 2l2 ,0O0, 900 dollars-mak-
ing an aggregate for the three years crops
of over 500 600 200 dollars to the Southern
Cotton planters; 10 their section, to the
whole country.
War erists ho,c ,riHn change atis2 The
crop Of lSGl is blockaded. The probabili-
ty is that it will remain closely shut up
through all Of lS62. unless the Cotton
States shall sooner return to their allcs lance
BY the end of l8G2 the cotton panic of
England will have passed never to return
Already IT appears that her import from In
dia Will not only meet the reduced consump-
ton of this year, but with the stocks TO be
carried over IN the ports of Europe. and held
by the trade, aided by the usual imports
from other quarters, will amply suffice to
run all the spindles Of Europe through ls62
on threc-lourths time or more.
1t was remarked in a late number Of u
very able Southern journal (the Augusta Ga.
/ Chronicle + SHttHeO that if the spinncrs of
England could survive the deprivation of
American cotton for eighteen months (fr1m
J1..;;, lS6) they ,eoud erer aftcr,eard be n
!samdent. The rema-k was correct. This
war is achieving az independence little t.:ea M
ed OF in the Cotton States when laSir leaders
began the striie-British manufacturers in.
dependence of the American States for cotton
Ia result, as We have demonstrated wide
Courier, March l., 1861 unattainablc ex-
eept by the suicidal action Of the people Of
the Cotton States, but now inevitable If the
war continue SIX months. Already do the
intelligent and sagaci0as merchants aud spin
ners OF England discern that the loss Of the
South Is their great gain, and the pOli,ieo.
economical! writers Of the English press
catch with delight at those glimpses of their
brilliant tuturc-secing that "out Of the net
tie danger to their great industry, they
- will pluck the flower safety" durable and
certain. They begin to see, as was clear 10
US months ago, that England has indeed a
great interest IN this war, not, as our South
ern citizens have supposed, to their success
but IN their tardy but sure defeaf. We OF
the North must suffer with and for the
South, only less than itself, while Europe,
after temporary loss of markets, will have
gained an advantage, for which England
alone could have well afforded to pay the
cost OF the war for two years or more. IL
is for her interest that cotton should bear a
price high enough to stimulate its extraordi-
nary production in all old sources, and in
duce ITS culture at as many new points as
possible. The eighteen months spoken of
IN the Georgia paper will nearly suffice to
open up the new channels of supply. This
being done, the commercial crop Of cotton
outside Of our States raised from 900 900
bales to 5000 900, the English can then
chuckle over " the death blow to slavery
and the thenceforward low price of Amer.
can cotton.
Then, perhaps, the crop of 1851 will 60
to market, say 5000 900 bales at 5 cents
per pound, or S4S 900 900. The crop OF
1862 (war and blockade continuing) could
hardly reach as much more in quantity or
IN price and it is assuming the best eondi-
ton as the ISSUE from a two years strife. to
suppose that circumstances would permit the
growth and WORT of cot ton 70 the value Of