Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-10-05

and general reAort ir siiofs las O. SIC par, al
Laneashira nanhfs sa1sfs
SEPT. ], 1551.-As very fact reEsrdins or :
ply Of cotton isnos. -faurPassiag Interest. beg
hans you Tie folloRipE figures, extracts from
S1sgeFpoet General Fr3csrs' AssOciatioa prirss
rent Of the 9th Of September, 1861:
Stock Of american cSiuon, Sept. 5. 1861. $50
consumption Of An sFican cotton and exDOrt
from January l, &c present time, has been
per week ......--... ....-.........l... IS
Ihe present stock or American cotton. If ALI
: consumed By the slst Of, December. 1851.
would only allow II = weekly Consumption
and export Of. -. %
The present stock - American cotton i less
than il Was last year. 9a0
The import Of American cotton from The 5th
Of September 20 ne 3lst December, 1850.
Was upwards Of. ................ 400
Ths consumption a. export from the 5th Of
September ts the lss Dscsn Der, 1860 Rss
he exFort this year may be very much lar
than u expected, a. she wants hitherto supplisd
rect IRON America II, in al probability, be DIS
from mere In ordinary years France snd s.
are ne earliest buyers in the A American market
for s0me time pas there have been large ORE
ron the after eouStry in the Liverpool marks
fhAre is also EactheF very ifaDortapt fact =
mus - be lost sig i Of, namely that The Ias,
Of American sotsGl EEs ]. 100 600 bales les :
the nrsv'ous oAOi consequently a vacuum 81
somewhere.
rrUnl Lue pTeGscinS remarks the iaferepes
quite unavoidable ihat very soon ne SUNNI Of Al
lean cOttoa ril Be e. us'ed s1 liGt ne NJ, ~
eItter close 1tstr nall or adapt their fnachiae,t b
use Of EzSt India colon But there is no use
guising the fact tn they viii not do so un il G
PEELED BY the direC necessity-a necaasity. now
or, which is not Fl - distant
SCpposig, thez, hat we are not 70 receive
American cotton, TAat are our prsspects. q
af-sid very sad indeed
For the last few years East India cotton has \
shipped 10 the continent only in very susH aud
ties; butnsxt yeaP, e the AmaricRn erOB j. u
held. there will be an active competition Tor the
pie IN Bombay. IN s.! high prices drew Il
supplies irsm ln1it the accEmulatignE Of vel
burbsfore prices Esye way shipments fen olf ]
siderab.y, As the C lntry had been wen drai
The question, therlfsrS, appears to be this =
India supply Eng Cd after the late dsain
more cotton il $50. aad at the same tine 81
the rest of EurOps / think 10 one viii vvntu
answer in the aflrusaVe.
Hitherto eighty Eve per cent Of the consumr'
Of cotton has bees American, and tss moment
shipments are resumed from the seeding 81
their cotton viii be used, 81 the almost entire 4
sion Of oLbsr kinds 20 that what inducement "a
mental neighbOrs z cotton at excessive pric
Bombay, knowing, az We DO, that II is a six mo
operation. and that The spinnerE whom tbeJ
serving will be Ia 6rst to laugh az them 81
they make the frishtful losses which would b
CURED on the resuEptisa Of business with Anne
Mo- If the cotton = 70 be imported, Is mist e
be done BY reckless spsculHtors, or BY the SPA
themselves, a. TIA possible profits are not
eOmmensurGte Wiss the risk Of loss.
Now, with this slain statement Of facts befsr
| DO hope that our EplAneTs wiz a. once reso
short time, as frc.a the latest accents rec
from America there . little or no chance of
Element for many Esnths to come.
l. in common with all sthsra who ara deep
terssted in the prosperity Of Lancashire, an
lighted as the great Efforts now being made
British G0,ernmsrt and the London TINS
ereass, BY every possible means. the eultiyatil
cotton throughout he colonies; but am "a
sasguine nor fsallsh enough to believe thar
AUDIBLE Efforts wi De ersvBea with succe
time to avert 80 sad calamity which ID
shortly OvsrtakS a. II the manufacturer N
country DO not ass TEore Prudenty.