The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-10-04
coston-4Nesv England po,scy.

We extract the following interesting ,c>
marks from the New Orleans Picayu,.a.
Affairs IN this country promise an add
ton TO tho memorable paradoxes of hsto-
ry.. A political struggle and civil war,
which were generally expected to effect n
radical change i'll the social order of nearly
half the States, have only revealed the inn
mutable nature OF the principles in which
that order was founded; while, on the other
hand, among their most vsibl,. results or..
industrial and commercial changes which
the advocates and prophets of social revu-
luton confidently predicted would not oc-
cur. Mono of the New England political
philosophers and social regenerators de-
sired to destroy Southern cotton produc-
ton, while laboring to overthrow the
Southern system of labor. They fondlv
conceived that they could annihilate a po-
Htlcal power which they hated. and derive
increased profits from agricultural pro-
ducts which they loved. But if misfortnnes
seldom come singly, blessings, the most
tenaciously combined i'll hope are seldom
associated i'll fruitiou. Every dav dimiu-
she's the prospect of a magnificent New
England cotton plantation III the fertile
expanse of Southern Territory The more
the South perishes politically, the more
dim becomes the New England vision of
vast material advantages from its ruined
and lnsolvent estates.
New England policy threatens, III short.
to gradually extinguish the foreign branch
OF the American cotton trade, and to pro-
d"ce ultimately an almost complete intro
version of its domestic branch. Letters
from the BarinGs, III England, to CONNER
clal men in this State, say that receipts of
American cotton in Europe are now count
ed on to so inconsiderable an extent, that
the fluctuations in the prospect of the
southern cotton crop have scarcely all APP
preclabie effect i'll the English market
The war, with its blocka,l le Of Southern
,1ot Il
III India, Egypt and Brazil, in vastly aug
mented proportions, political and indus
trial conditions, since the war, coub:ne to
maintain and pcrpetuate this Increased
production III those countries. They, IN
deed ,imay be said to suffice to supply Eng
ksh manufacturers.
Liverpool, in respect to cotton, is no
longer dependent on New Orleans Eng
land Is released from the ANXIOUS and
trembling homage which she once paid to
the American Cotton King. She is begin
ming, on the contrary, 10 command, i'll
place OF the United States, the great
sources of the worlds cotton supply: and
1t is not improbable that she Will in no
long time wicld the sceptrc of this new
empire cvcal over the cotton factory oil
garchs of New England
1t IS certain, at all events, that the spe-
clfic tax on Southern cotton, and the spc-
cltic bounty on American cotton manutac-
lures i'll the way of drawback on their
export, together with new conditions and
tendencies OF industry and commerce in
the South, are now pointing not only to the
failure of New England expectations OF a
large and increasing supply of Southern
cotton for Northern CONSUMPTION. but TO
the transfer on large scale OF capital and
labor in the South 70 Southern cotton
manufacture. A movement in this direc-
ton, once begun, Is not likely to come to u
voluntary pause. Judging by examples
elsewhere, it is destined to be constantly
accelerated. The causes which induced it's
beginning are of II character that bids us
to expect that they will operate with in
creased force hereafter. 1t this move
ment, then, is to go on without abatement,
and with augmented clements of progress,
1t cannot be questioned that at last the
Southern consumption will absorb the
Southern production of cotton. 1t is also
to he supposed, i'll such an event, that the
Southern demand for cotton goods wouid
be supplied by Southern cotton factories.
Thus New England has before her. as the
requltal of her remarkable philanthropy
and far-reaohinS sagacity, the loss OF the
magnificent plantation. and the equally
magnificent market, which filled her
dreams of benevolence and monopoly.
These anticipations are based on no
arbitrary assumptions. They are not to
be slassed with vague or fanciful specula-
tons. Facts are constantly multiplying to
give tlleln Sollu OASIS OF reason ana pro-
liability. Several cotton factories are pro-
jected within two or three hundred miles
OF this city, in the State of Mississippi.
Similar projects are on foot in Alabama
and Georgia, and attention is seriously
directed to such enterprises in Northern
Louisiana. In the meantime cotton fac
tories that already existed in the South sre
preparing to operate on an enlarged basis
Of capital and labor with renewed energy
1t is needless to ask whence the labor for
these establishments is to come. Their
existence. according to economical logic,
will have to be taken as proof that the
necessary labor IS present, or, if not in
st@iitly present, available from other
sources.
In the situation contemplated, there
would be strange translation into retrbu-
tive fact of the old prophecy, that New
England WAS to be cleft out in the cold"
politically, national nuisance. She
would become the victim of a terrible COM
mcruial frost for having been too intimate
ly and infuentially concerned in the poll
tical destinics of the country.
A GERMAN PRESS on THE SOUTH. -
The WestHche Post, German paper
published at st. Louis, is convinced
''that the former rebel States, in case
OF radical victory at the next cleo
tions, will submit for good to the
Congressional policy, and try by their
~-c1.! Il,a-:.,- I-s.,-,7.