New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-03-08

can. Tie Cotton Supply Reporter sdmittsd
however. at that time. that Engsnd's cha.ss
Of getting her usual 90 per cent. wss ~.
rounded by difficulties, even II no war sho,n
occur, for it believed all that DR.. Russell h.l
promised, of the rebels burning the entire cru.
But it wisely concluded that I" il tho South -
"cape the many deadly perils which surrouk
sit, years will probably elapss before il prO.
ducing power RECEIVERS from the chesk
which costly civil war must impose"
That organ of the British cotton interoA
looks beyond the present temporary complies.
ton, and speaks without either alarm of ths
present or apprehension Of the future. 1t o..
horts the cotton growers Of other countries b
take courage and persevere. 1t charges that
the Americans, because Of their monopoly,
have compelled England to pay something Lie
four cents per pound moro for their cotton
than it could be sold for at q profit in Liver.
pool, and that to break down that monopoly Il
10 necessary to fight us with our own weapons.
1t promises that capital, united with skil "a
enterprise, will do in India, Africa, Australia,
and other regions, al that they have been maas
to do here. 1t would seem that some progress
in this direction must have been accomplished
already. If it were not 90. England could ut
now be Boosting of possessing more cotton thaa
she did year ago, at tho very moment to-,
when the great fountain of her supply IN ttb
country has been so long dried up.
But traffic in the great staples Of the wo 4
has ever been subject to extraordinary mute
tons. We are now witnessing q new anl
mighty one in the culture and manufacture q
cotton. Events would seem to indicate that The
South is losing its hold of its long dominant
monopolles. The manufacture Of its secondary
staple, tobacco, has already been established
on large scale at Pittsburg, and, once thor.
oughly domesticsted at the North, it will not
be more likely to be abandoned than onioa-
growing in Connecticut If the former paysn
Richmond, it will assuredly pay as well In
Piusburg. There is a worldwide scramble b
appropriate the profits Of triune monopoly
which the South has voluntarily abandoned
The world will have cotton, and it's nations are
in hot haste to produce it. The West is are..sy
producing the sugar and molasses which it f,i.
merly obtained from Louisiana alone; and,
SINCE the world cannot exist without tobacco.
Virginia bids fair to be shorn of Der manufse.
turing monopoly. The staple industries which
the people of those regions have simultaneously
thrown away are eagerly appropriated BY others
quite as shrewd and enterprslng. II those BY
whom they have been thus insaney abandoned
were made rich by pursuing them, other con-
munities viii no. be likely to become poor b
succeeding to their profits.
But other dislocauons and divisions of u
tiona industry have been occssioned by the
Rebellion. In the first eleven months of ie6l,
England exported to this country only 72,oa',.
g37 ward. of cotton goods, value about S6,Oo0,.
600. against 1913 ls5, 563 yards in the sumo month
Of 1860, value $l6,500,000. In 1869, ~
amount of cotton goods exported to this cosS
.rv was q tribe greater than in 1860, 50 thsf
if our imports Of the same description OIL I'D
rics should be no greater thus year than fk
Last. England will have lost the sale 70 US
$50, COO 800 Of cotton goods alone in two yean
Our abstinence from other articles Of Bnt3
manufacture, iron, steel, and hardware, ha
caused an even greater Elimination OF Britia
industry, the total in eleven months being Desg
$40, 100000. With 20,000,0C0 people 81 I've
North, consumption Of its products hs
reached an embarrassing pause, Willie wm
IL, 0Co, Geo at the South it has eltosctiN |
ceased. The idea OF war with Us
open Southern ports, to re-establish ns'
aet with these 100000 10 the certan /
closing of another market with dous
the number OF Northern consumers, woua
.eem an absurdity too great for any
sane Government to contemplate. If the VOID
contained no other market for British wary
than this, such hostile policy might be ju's!
feared II was practiced on China. became
China was the only nation of opam-esters
But tie consumption of British manuiscisrss
is extending throughout the world more 'sp.
Idly than it dlminishes here. The Doan
Trade returns afford conclusive evidence taak
as our consumption diminishes, that OF o.N's
countries increases. As England Is Peacesey
cutivating outlets elsewhere, it would be ~
traordinary if here only she should deteruie
TO open them with cannon. India con'ii"
more tlan seven times AS much Of her NEW
features as We do; Brazil twice IS mri
Turkey and China more than four times ~
much: while in Africa she has already esH''
lished an outlet which, before this cent?!
closes. will be Of untold value 70 her. WI"