New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-08-19
The Cotton Famine.

From The JtIhy Ntrt, august o.
The result will tie either laIuentsble failure o.
r.licf, or an utter breaking down Of the PoOr-av.
The co. seduencs OF the latter alterf tive will re
IRE deinoraGzaton Of great c asses OF The Community
VINO have hitherto lived Independently, and who,
until now, have beeL taught - Soon the notion OF
reliance o. par9chal Rates; the results Of tie other
j. e eth more fearful 20 contemplate.
IRE srnti, J.. that no olu Csyi iBterc,,a; ION car
maze ths permaue Dt lv Of poor relief adequate ~
toe extraordinary WAITS Of The time. Dir. Golden
saw this clearly enough, and asserted the distinction
plainly when Ii. bun.ing project of the Govein-
ui-nt was first brought forward; but neither he nor
euyoDe else seems TO have thought OF suggesting
Practically any coGner-i ian. 10 invent the
machinery by which the will Of the Legislator 10 20
D. ca ried into effect il doubt tie especial busi-
pess Of the Administration. We clnno, sappO g that
II Parliament Dad spoken deeisiyey and in time
upon the subject, other aud better provisions would
rot have been forthcoming. Bat Parliament sui-
fcred what Lord Mamestury has called The long
and lazy ssssion f 1867 " TO pass away without
making any iniiatory sign; AMI then at the end,
when too late 70 do anything really effective or
statesmanlike miserable patch is put upon the
P0or-law, jue, for very shame aud 70 sfe the rising
outcry that nothing had been done. Or the two ex
pedients, we continue 10 think that for Immediate
temporary relief the power of borrowing il better
thnn the rate-in-4id but have little doubt that y
the cotton fomre continue to Christmas, ucthsr
nor other Of these alternatives r'H suffice 10 meet lie
eaigeacy.
th From The LorGgB Tine Agg 4.
In tho House OF Lords Friday evening Lord
Shaftesbury expressed his belief that " there was
more cotton lying idle in I1dia than would keep
going all the onls Ia LancasEire." He added thai,
according TO his Information, the qnantity VI tbs
precious article "ready Tor market" was about
1000 100 baes. II this IL tue truth Of the case or
anything like the TRUTH the controversy between the
Lancashire manufacturers and the Government adj
nits OF easy determination. L. is allowed on all
sides that Indi. might, under better management,
have done much toward occupying at tue preseni
criss The place which ADt fica has vacated, but the
manufacturers assert tia, the Of great
dependency Were never developed" while Gov
crnment argues that the manufacturers omitted to
eetablsh on their own .eiaf that demaod for Indian
cotton when would have insured its supply. Sup
posing however that TO accept Lord Sn;tiies-
Larys etatenen the question ceases To be de6ata-
ble. II Inda mas actually grown cotton enough COR
ell tho waits OF Lancashire 10 complaint can be
made aCoat the noI-jeveIopment OF ls retources.
Abe necessary crop las teen produced, and there II
lee. waiting only for purchasers, so that unless tie
J.aneasbiIe mill-Owners hold it TO be the duty OF
f;DyerDment 10 briGg cotton to their very doors 10
Issr thai tue default in tho matter las been their
own. The supply lie ready, but the demand has
never been made.
2'he English Press the American War.
FRO" T.s Daav Ae,os. dug. s.
fie political news is more important than the
military The prolonged aud desperate resistance Of