Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1864-02-09

CoTroN-The rebels, by this time, have been
pretty nuch chastl,ed out OF their delu.ion tba,
Southern Cotton was King, and Europe i. learn
ing, after all, that it /, cheaper and better 10 wall
for other coItos fields to supply the loom, Of
England and France, than to 20 to war TO rail-,
the blockade Of the Southern ports. Respecting
the supply Of cotton which is now obtained h
the east, the London Times says;
Every Mediterranean steamer /. now loaded
with cotton, and the eurren. Of the precou,
metals has already been disturbed By the flow Of
! god 70 Alexandra. As far, therefore a. IN,
dlsposllIons OF these countries are concerned, va
are sure oil their cooperation snd the practical
exIen! OF their resources may be measured b, n,
iaet that cotton sufficient for more than tyo.tiitd,
OF our full consumption is expected with conf
dence 10 the present year. Nor is the ouat, Of
ibis supply materially defective 1t is no, upon
the whole so good as that Of American cottos,
nut II IS improving, and il answers our presep,
purposes. The expectation Of such supplies as
We formerly received from America presume,
such AZ organization Of industry Us could no,
possibly bs extemporized ina couple of wear,
time. More than one generation passed away
while America itself was maturing this wonderful
'ta1e' Wes'e not discouraged, therefore by any
shortcomings experienced at present but il 1.
We thlnk, yet uncertain whether the cultivation OF
cotton, now proceeding in 40 many quarteti, will
ever be carried 70 the pitch Of perfection attained
IN tue Southern States of the old Union Tbs
present price Of cotton is utterly unnatural and
fictitious
lA' following is an extract from ls,t.r "a.
csiyed in Nav York from gentleman in London
long ssnn'ctsd with the American trade.
" The prise Of cotton al the present !. ala.
Esth,r too high, slpposlng the eitinAtes Of the
supply ior 1868 10 be at all near tao truth. Ac.
cording Tue loves! Of these the mills may work
at full time next year four day, 10 the ge,k, bu,
strong hopes are entertained by competent iuds.
es that cotton enough will be received to kesn
them At work Tour days and ..haf; in other
sords, that Al least two thirds, and more probab.
y thres louflhs, of tho former supply NAV b.
looked for 10 1864. Thus, wsre The same sum N
be laid out in the purchase of oottos as formerly
when the price was 3D.. it would raise the nric,
IN the latter case to 81! and in the former ia Oh
pound. Ihs amount laid out in cotton in The
years before tho var has been estimated !. be.
tween thirty and forty millions sterling , wear
tbs last 'un having been reached srob.bly in
1860, and anything beyond This must be with.
drawn from the national expenditure on other oh.
Jscts. Surprising 40 large sum as tan million.
to be so Withdrawn aud expended on cotton. 4
would only raise The price to 100. or Id. a
pound.
" 80 far, hoHsver, from anything being with.
drawn from other articles Of clothing, much NOR,
lhan usual Is now e1 .,ended on fabrics Of yorsted
aud linen, leaving ess than formerly, in place Of
more to be laid out in those Of cotton. 10 main.
IAN the present sEtrayagant prices, should the
supply be three iourlhs, would require from nine.
y to hundred millions sterling 10 be invested IN
cotton in 1861, and spectators actual, reckon
on 'ueh an amount being forthcoming. tn, hll
value Of good cotton at this moment i, a shilling
pound, aud 10 that it must insyabl, IA lb,hfs
long. The disturbance Of the money mario,
whiea ia unnatural price has ,lready caused r..
duced II suddenly two penes to three pence
pound, and every effort will be mada 10 rreyenta
further tall. Bu. down il must aud viii come
ana The longer this is delayed the greater the mn
will be-" Wv 'a'