The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1864-06-14
The Cotton Trade i'm EngIa

We alluded a short time ago TO the letter
from what was therein set down, that IA
mine in the article was imminent. We re-
sumo the utject this morning.
la the year 1861 the cotton Of all sorts iu
ported amounted to within q fraction OF
1906. 600 900 lbs, or about .75O.0 600 bales of
400 pounds each. or this quantity nearly
nine-tenths came from the Southern States of
America, SD large was the proportion which
it was found necessary to work into the in
ferior staples from other countries. For this
cotton I36, 100000 sterling were paid. 1t
was imported 10 1860, the year of largest i'm
portatiop. When manufactured and sold
this cotton brought a56 600 600 sterling. The
year 1859 was tho year of least importation.
That year but 5s5 600 600 lbs. from all coun-
tries were imported. 1t, nevertheless, cost
2S5 600, 600 sterling, and when worked up.
sold for $50 .000,NO. When we re fleet upon
the Immense population that must have been
thrown out Of employment by the fall in the
importation from nearly 20OO. O0OO, 900 lis.
to one-fourth Of that amount, we may readi.
" infer that labor became very cheap and
profits very great. The manufacturers
therefore, had no reason to be discontented
with the existing state of affairs, and they
are charged with asing every effort to pro-
long It.
The association for keeping up the supply
OF cotton, composed principally. We pre-
sumo, Of manufacturers, has in the mean
tine busily employed itself in making up
repoIts to satisfy Parliament with the pres
snt condition Of affairs. Parliament gets It's
Information troua the Board of Trade, and
the Board Of Trade from the Cotton Supply
Association. IN 1883 there VA . considera-
bic increase in the supply over tho pzeced-
Ing year. This increase was occasiOned
principally by tho Increased success of Ma
blockade rupners, and the successful trans
for OF cotton 10 Mexico and other countries.
10 such cases tho association always gave the
country from which the cotton Was ro-ship-
peA credit for having produced 1t . palpa-
bic fraud, evidently designed to make the
putl.e satis6ed With thinxs as they are, and
20 Aid the Ministry in sustaining their 60.
calisd neutral policy. The fact Ii that there
Aaa been No increaAe OF Cotton IN Mexico,
and Very little 10 other parts of the world.
10 IasliA II IL wcll aacertaiued that not more
than 2. 00O. 600 bales were ever produced 10
year. The impression that It is great cot.
ton growing country, arises from It's having
produced cotton from time imRemorial, but
Il 10 altogether . mistake. About 15O, 900
hAlea were exchanged for Yankee goods, af-
tsrwasds brought isto toe Cosfederacy But
TOR that supply Yankeedoss wOald have been
compelled to buy Its cotton In Liverpool.
These frauds. practissd in the iaterest OF
Yankeedcn, 10 prevent the recog, ition Of
tAsse States. and the opening Of the ports,
a1e likely, no are rieaAed tn see. to bring
seaxlbutlon IL their train. The aHpply Of
our cotton u sosmall, and Il b % absolutely
Impossible to make tolsrable goods Of that
Imported from India and other countri es
Without tptermiSing some othes matesiai.
tAa3 Ne manufacturers have been makisg
uss Of mineral and other Ioreiga substances
- supply the plaes Of Tour stapls, Assstogors
uecd n working them up. The Consequence
- been deterioration Of qsallAy 20 sesious
that British cotton goods are Ia . fais vsy
70 lose their character In al TIVE maskets Of
ths world Every man outside Of Great
Britain who loves justics must rejoics that
4 h 20. For this stupendous fraud the
1dtish people hare had 10 pay through the
nose. The whole weight Of the popalatioa
thrown ont Of employment has ben sos
tAinsd b them Tor TIE beneht, 4 seea. C
TIE manufacturers, who laugh saA - As
while their woskmsn 40 starvlne.