New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-09-06
Probable receipts Of 1866

We have made no attempt estimate quantity
the interior there data the basis OF such
Afe first remark have TO make this head ia the dis
cordance OF the satementsas have said regard TO tbs
efficiency labor The trials made Of the OF
voluntary exerton at the commencement highly dis
c0uragng The scheme promises more fayorabls results
The notifications introduced by several OF the planters
leading TO better fruits than anticipated The system
weekly money payments seems satisfactory both to The reed
rating benecay in the direction Under these circun
weeks since OF course this does no. sppy universally
While several portions of Ae South viii make bali
crop soue sections will produce onehrd OF even one.
fourth of the ordinary yield. Texas IL would appear has
been visited with the most favorable conditions for the develop
the productive its soil while II has been
comparatively exempt from those casualties which usually
ailiot the cotton region.
There one circumstance however which is apt be
looked in the question of supply which the extraordinary
smas presented by the hope Of gain etigg the minds OF
large number IRON the high price Of the staple All who
possess small patch Of ground TO
profitable account the only restraint being the want Of seed
II each individual able and willing work raise only
7oae bale OF cotton in population Of the aggregate
would be Eery large THIS is intended only illustration
but 1t exempfes the force OF that principle Of
acting under the incentive Of high prices induces individuals
to act In the manner comYunites The influences o.
this motive We are confident has en overlooked IN the e
mates made Of the growing crop. ,
Ts iarsraol pyonsas.' Is @ Iadsrs.s hs crop
Of 1866 estimated the LIST Of Ar at 600 bales II
has proved at the latest dates TO have reached ga 600 bales
as we have shown FROM 100000 100000 bales. And
although this latter estimate must be deemed extreme
figure the actual result wprov the accuracy Of
mark win be confirmed that there proneness to underrats
the supply. - -
RATE OF GROWTH
In entering th branch Of subject must distinguish
between temporary and permanent effects II is part OF
our design consider in detail the which viii promote
or retard culture of cotton In the future As it
part Of purpose 70 take into view the has
may uence the future supply such the better organ
ton Of labor &C. part Of present purpose TO
discuss except briefly the question Of future consumPuoo
We will snecinsy advert the causes that will operate
to the culture such the completion Of the railroads
by which British India nteEseed the establishment Tiers
OF banking institutions oerngrnereased facilities Of credit
but other hand the existing tenure Of land and the
fact England has frequently export large quantities Of
bullion for her imports Of cotton are obstacles
the extension II culture while the stimulus Of high prices
win be gradually withdrawns Limiting inquiry therefore,
e the present and not the future would m be instructive
10 compare the rates Of growth and consumption.
The annual increase from lslel9 until le5960 has been
and fraction per osnt which II the had not followed IN
that proportion the crop Of le666 would hEve been $4,000
bses the six from 1861 TO 1855 % 500 baea
following condensed statement win show supposnG
that fair average crops had been made in that period