The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1862-09-13

sionCrs and other representative OF coun-
tries Contributing cotton samples 10 the
International Exhibition. Mr. Cheetham.
the President of The Cotton Supply AS
sociation took the chair.
The Chairman, IN opening the proceed
ings, said the depuiaiion from the Cotton
supply Association in Manchester invited
friendly aid and discussion with regard
to the Important subject Of cotton cult
walton from those gentlemen present who
represent the various countries which had
sent samples Of cotton TO the Great kx-
hibition. He then gave a survey Of the
history, importance, and prospects oI the
cotton trade. Tho value Of the Ameri
can COTTON crop, at the close oflS50, the
largest she had ever produced, was $40
100000. II was very evident that Amcri-
ca Tor many years to come could NOT re-
gain the position she bad lost. Hear,
hear. There were some th0pghilnl men
who believed tbat under no circumstan-
ces could America ever regain that posi-
ton.
He thought that the other cotton pro-
duoing countries Of the world ought now
to strive 10 supply AZ least one-hhlf
(valuo 620O00,O00) Of the cotton hither-
to supplied by America. Al the close of
1860 the growth Of cotton Ia America for
export was 100000 bales, If they adj
ded 10 that the quantity Of cotton con-
sumed in the Southern States, the total
growth would amount 10 100000 bales,
which was no less than 50 per cent ofthe
cotton grown throughout the world. In
Brazil the growth was 10000 b ales, be-
ing = per cent Of the whole growth; in
Egypt the growth was 135,000 bales; in
the West Indies, 10000 bales. From the
East Indies G0,000 bales were exported
in 1850. The total supply Of cotton in
the year 1860 for the consumption of the
world was 100000, or about 100 900
| bales per week. OF that we consumed
30 per cent, the Continent Of Europe
consumed - per cent and America 16
per cent.
Mr.. Marsh, one Of the representatives
| of Australia, said that in other articles
| price was an element, but in cotton it was
the essence. Cotton could, no doubt,
be grown in abundance in Australia, but
he was afraid that the price of labor
there was too high TO permit The produc-
tion Of cotton at a price which would
obtain a market in this country. If the
Australians could obtain a sufficient mum
Der of coolies and Chinese, they could
produce any amount of cotton.
Mr.. Cave, representative of Barbados,
said cotton could be very well grown
there, and some of the landed proprietors
were willing TO undertake its growth, as
they fancied il would yield more profit
than sugar did at present. But the diff
Guilty TO be dealt with was The price Of
labor. In British Guiana there was any
amount of unoccupied land, and cotton
could be produced there equal to ordina-
ny Orleans cotton if laborers were i'm
ported. a cott%on-growing company had
been recently established in Jamaica,
and he believed that il was successful.
A very considerable number Of sugar
estates had lately been thrown out of
cultivation in Jamaica, and there was a
good opening for The starting Of several
new cotton growing companies there.
Coolies and Chinese worked very salts
~ractOrily in the West Indies.
NiscOunt de Villa Major, representa-
tive of Portugal, stated that the Govern
ment Of that country had offered land on
advantageous terms on the coast Of Africa
for cotton cultivation, that the Govern
ment was anxious to promote the growth
of Cotton there, that cotton was produced
at Angola at Cd. per 10, and that cotton
cultivation would be protected by the
Government forces against any attacks
from barbarians.
Mr.. Beaton, another representative Of
Portugal said that labor could be obtain
cd at Sd. per day in the Portuguese colony
in Africa.
Mr.. Ridgway, representative of Jamai-
ca, testified to the want of labor for the
purpose Of cotton cultivation there. lie
also stated that in New Zealand large
quantities Of cotton could be grown.
Cheyalier Dovincenzi, representative Of
Italy, said that in the tenth and eleventh
centuries, and at the beginning Of this
century, that country cultivated cotton
on a very large scale. The Italian Gov
eminent was very anxious during the
present cotton crisis 20 promote the cul-
~tivation Of cotton there again on a large
scale. 1t had ascertaiued that 100000
acres on the eastern coast Of Naples might
be very advantageously devoted to the
growth Of cotton. Land might be bought
there very cheaply. The Italian Govern
ment resolved TO construct a railway in
that region, and thereby facilities would
be given for the export Of cotton. He
believed that cotton might be pro-
duced in the South of Italy at fourpence
or fiyepence per pound. Agricultural la
Dor was very cheap there, one shilling
per day being considered high wages
Italian cotton was surpassed only by Sea
Island cotton. lie was quite sure that
Italians would devote themselves ener-
getically 10 the cultivation Of cotton, and
he hoped that foreigners would cooper
ate with them, because it was TO the in
terest Of all Europe that il should possess
within itself a otton-producing country.
Cheers.
Mr.. Gerstenberg, representative Of Ec-
uador and New Grenada, said that they
could produce cotton TO an enormous ex-
tent, and Of the quality required, at four
pence per pound, Land was %obtainable
at "A shilling per acre. The Valley Of
the Amazon could produce enough cotton
10 supply the world. Ecuador, for the
purpose OF satisfying the demands OF
british bondh0lders, had allotted TO them
100000 acres, ON which cotton was
about TO be grown. What was mainly
wanted vas a sufficient inducement TO
lead the public 70 embark capital in the
cultivation of cotton there. The public
held back because they did not find that
Manchester men, whom they thought
ought 10 be best acquainted with the
matter, embarked capital in that dircc-
ton. Now, as it appeared that the TIA
liam Government had appointed persons
20 ascertain the capabilities Of Italy with
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