The national Republican., 1862-11-07

r he Cotton Famine and Cotton in osn-
ernt.
4 computation has been made that the loss
o. waves to the cotton operatives in Lanca.
sbira the great seat of the British cotton
nanufacture and in the trades dependent up.
ou that manufacture, amounts weekly to two
hlGl7td d thousand pounds sterling, or mil
81 D.. dollars. This loss falls upon those who
ara little able to hear it, and is considerable
.3 10 Itself, but furnishes very inadequate
motive for England to 90 to war for the sake
o. getting American cotton. To say nothing
uf The great doubts whether that Is the way to
get it, war with the United States would cost
Eugand ten times as much as the comfortable
support of all her cotton operatives in entire
Il ynCss
While English operatives have lost and are
l5sin, by the cotton famine, the cotton manu-.
Hsurcr5 in England have gained enormously
l9i ns they have In this country. An English
authority, Sir james Elphinstone, computes
this gain at one hundred millions sterling. or five
hundred millions OF dollars, being about the
addition made to the British national debt by
.he Cr,mcan war. Sir James says that the
Foolish cotton manufacturers had overstocked
The world with their goods, and that it was only
h troubles in America that saved that bu,i.
re:s ls1m the greatest revulson which has
ever visited IL
Southern writers console themselves for the
bl5ckad. by urging this same view OF the case
APPLIED to Southern interests, that the uninter.
r1lt.d supply Of cotton would have resulted
in uch low prices as to have ruined the plant,
trs. They argue that the coerced suspension
Of cotton raising for one or two years will so
xHau., stocks, both OF the raw material and
ul IT, manufacture. as TO ensure profits for
/ 'orr r Rod TO the planting interest, more than
,lrn 4 tu indemnify it for present losses
i plain enough at whose expense these
ran. have been realized by the cotton manu-
r,t,lrlr, and are anticipated by the cottor
planter. 1t Is the consumers who bear the
ourdco. The shoulders upon which it fall'
a., Lumerous, embracing pretty nearly the en-
i.r. p pu'ation Of the globe. No region l:
81 distant as not to be reached with cottor
| cooi;, ard few tribes OF men are 90 little civ
| liz o. rot TO use them to greater or les;
-z'ca' Many little makes Il mckle, ant
v rh h, whole world OF mankind to levy tht
tax upon, lew manufacturers and planter!
uav hp Cnrichad without grievous or unendu
r,.0e 5ari hip to anybody.
Il il uvt so certain, however, as Southern
-ritcrs seem TO assume, that these reasonably
. .rtld future profits of cotton raising il
,.l- country are to be monopolized by slave
/ Hers. Free labor may gain part OF it
per ar5 tie whole of it. There is no agrcul
rura at the North so remunerative as the pro
c,,rio1 of cotton, aud as nothing but slavery
=. l. u Northern laborers out OF the cotton
/ &c.. Ltr,.uf)re, they will b. very certain
tor Iulo It il slavery is overthrown. There
~ .1.lr' cotton lands in Texas, sufficient tC
| r. IT. twice the crop ever raised in the en-
,..- nth If the expedition said TO be abou
l'2t yti hat "perfdious' region to the au
! - ... I ne nation should prove to be
.,,'.. profits Of cotton planting may tal
= ..,sr -adg