The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-04-06

world. And, in this connection, it |
publishes table, compiled from the
records Of the Treasury Department
of Washington, Through the polite
ness of the Register) showing the
quantity of cotton exported from the
United States from 1850 to 1864
IS, and the ports whence it was
shipped. From this table it appears
that the expectations amounted in
1S58-59 to 1, 1856, 468, 900 lbs.; 1S59-6O
to 1,767, 686,0OO lbs; 1s6O-61 to
1,750, 600, 600 lbs.; 1S61-62 to 5,O64,-
600 lbs; 1362-63 to 1885, 900 lbs.
1863-64 to IL, 394, GOO lbs. 1S64-65 to
8,994, ,O6O lbs.
"In the yea.' before the war, con-
tinues the Magazine, besides the
production of manufacturers to the
value of over 5000, 600, 600, ami the
supply of raw material to England
and the North, the South sent to
Europe cotton, tobacco, rice, ETC., to
the value of about $2lO, 900, ,O9O."
The Magazine then glances at the
condition of the South, its territory
devastated and it's resources crippled,
and continues
Glow is the capital to be attracted
that is to supply the necessary wants?
Alone by insuring large profits; and
this can only be by encouraging, in
every possible way, those attempting
the cultivation of cotton in the South,
and, above all, by giving to capital
the security of civil government. We
have again the opportunity, and it
brings with it the duty, to occupy the
first place in the markets of the world.
The same natural advantages we have
always possessed remain to us, the
same laboring population are ere
ready to engage in the culture, md
with an interest in the result 'lich
must add largely to the profit of both
the laborer and the employer. Be
sides, machinery can be used in tead
Of old negro hoes to prepare the soil,
and emigration from Europe vii add
largely to the volume of industr1-. If,
therefore, we can encourage the oro-
duction now, capital will be attracted
to the South, the waste of the var
will be supplied, and the future con-
dltlon of our country cannot be doubt
full
The Magazine shows from facts and
figures that we cannot, under the pre-
sent state of affairs, return to our
monopoly of cotton production. That
this can only be done by encouraging
the flow of capital South by taking
away as soon as possible military rule,
and stimulating the production SO
that low prices may drive out all COM
petition. It concludes:
''Hence, we see that every consi-
deration of national interest and pub
lie policy requires the early rehabil-
tation of the Southern States and
their restoration to the family of the
Union; and the Presidents eagerness
to lay aside the extraordinary powers
which the exigencies of the war had
conferred upon him, affords the high
est proof of his sincerity and patriot
ism. We want the aid of Southern
statesmen to solve the problem of ne
cessary legislation for the South, and
1T Is damaging to the best interests of
the country to dispense with it any
longer; we want the moral influence
of united country in adjusting our
foreign relations; and, perhaps more
than all, we want capital attracted to
the South, and it's industry and
wealth free to develope itself, and
this cannot be, SO long as the States
are under semimilitary rule
Whether the sensible views ex-
pressed in the article under consider
alton will have any effect upon the
merchants and capitalists of the
North, remains to be seen. We are
inclined to believe that much might
be done, by proper efforts on the part
OF our old business men and others,
to attract capital to the South.
OBSTRUCTIVE FIRE.-The Charles
ton papers, of yesterday, state that,
about the time they were going to
press, a fire broke out in the build