Clarksville weekly chronicle. [volume] (Clarksville, Tenn.) 1865-1867, 1866-06-22
COTTON AGAIN.

figures and spcculations to show that
the Cotton crop, Of this year, is not
likely to exceed ,250, 900 bales, and
we propose now to show that it will
not follow, as necessary conse-
quence, that this short crop will com
mand anything like the high price
anticipated. The statement Of Ray
mond, that cotton will bear heavy
tax, because we have monopoly of
that staple, is very grave mistake,
and there are thousands in the South
who have fallen into the same error,
go far as the monopoly is concerned.
From Circulars and other sources,
we learn that the average import of
cotton into Liverpool, from Brazil,
Egypt and India, embracing the
ten years from 1912 to 1852, was,
respectively, 10000; 10000; and
2l4,O0O-in all 100000 bales. In
1865, the import from India was
1857, 900; from Egypt $4,000 /;
from Brazil 100000, total of L.
941, 900 bales; and the importation
from the same countries, this year,
Is double what it was up to the same
time last year.
From this rapid increase, it must
be apparent to all, that the countries
just named, can more than supply
any deficit in the. production of the
South. And if we raise but one
million of bales, this season, and
there be, as now estimated, at the
end of July, stock on hand, in
England, of one million Of bales,
what is to keep the price at present
figures? If we dip into the future,
the prospect becomes even more
gloomy. Formerly, we could, with
slave labor, raise cotton at less cost
than any other people, and so supe.
rior was the quality that as long as
there was bale on hand it could
find market at the highest price,
But now we have to compete--pay-
ing high price for unstable labor
with slave labor in Egypt and Brazil,
and free labor in India, that costs
but few cents per day. And when
we remember that whatever tax, per
pound, is laid upon cotton grown
here, is bounty, to that extent, up.
on cotton grown elsewhere, it is clear
that the South must abandon its Gull
tivation as proftless, beyond the
supply for its own looms.
England co-operated with the Yam
KEGS in the abolition slavery, because
she foresaw that it would give her
the monopoly of the cotton trade,
and break down the rivalry of the
Yankee manufactures and the
Yankees eo-operated with England
out of pure meanness. Between the
two, cotton has lost its influence as
the regulator of commercial ballan-
ces in the foreign trade of the Uni
ted States, and if the people of the
South are true to their own interests,
they will, at once, accept the results
forced upon them, and build manu-
factories sufficient to work up all The
raw material they can produce and,
as soon as possible, enter the markets
of the world with cotton fabrics.
The advantages they possess for this
branch Of industry will insure sue
cessrul competition with Old Eng
land and drive New England out of
the market. In this way, they can
save the tax on cotton and make all
the oppression and villainy practiced
against the South, recoil, with crush.
ing weight, upon those who perpe-
trated them. All this can not be
done this year, nor the next; but a
firm determination to accomplish it,
backed by the energy of brave race,
smarting under ceaseless wrongs
and insults, will be followed by com.
plete success, and at no distant day.
But the South can never work out
the high destiny of which nature
has laid the foundation, so long as it
strives for large yield Of cotton to
raise revenue for government that
holds it as conquered province, and
TO FIJI the Golfers of the pampered
lords of the loom. If tho South
can be content to perscvere in this
suicidal policy, it deserves the fate
that has bcfallen it, and every future
blow that may be given to its rights,
its prosperity aud its honor.
REcoHsTRUCTIoN.-lt is reported
that Congress will not suhn,it IN tba