The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-09-09

TO those of other nations more than two and
two-third billion yards Of cotton goods, while
we sent forth but one hundred million yards.
But while the above named British export in
that year was valued at about two hundred
and ten millions, their export in 1864 which
was one billion yards less, was valued at about
Two hundred and twenty eight millions; the
difference being caused, of course, by the ex-
Geedingly high prices which prevailed in the
latter year
In that year England complained of being
compelled to pay double price for half the
quantity OF cotton she required: and the COM
plant, 1t must be admitted, was entirely rea-
sonable when we consider that she actually
paid out over three hundred and ninety-o
millions OF hard money for such cotton as she
was forced to take in the absence of the Anne
rican staple.
The Brazilian cotton she could not largely
use, and even could she have done so, the
supply was limited. The Egyptian could only
be employed by altering her machinery, and
the East Indian and other growths were not
worth half as much as the American, in
quality or strength of fibre.
And all these cottons have only been used
for special purposes in manufacture-for which
alone they are adapted-while it is the Ameri-
can cotton which England has always used,
and uses STILL for the great bulk of her cotton
fabrics.
Thus, during the war, she not only suffered
in heavy deficiency OF supply, but also in
the inferiority of quality of large portion of
the supply that she did receive.
There is every encouragement to believe
that if the increase continues, we shall have
sufficient in this country in a few years to
manufacture for export alone at least one and
half billion of yards, of the value of one
hundred and eighty to two hundred million
dollars. The capital, skill, and ability of this
people could do it. But to accomplish this
the Government would have to lend its aid,
and repeal, as early as could wisely be done,
all taxes upon the elements which enter into
the manufacture of raw cotton.
We could export two million bales of the
raw staple worth at least two hundred millions
under the prices that are destined to prevail
| for some time to come. Our cotton export,
altogether, would thus approximate, if not
| quite reach, or even exceed, four hundred
| millions per annum. The total of cotton
manufactures exported by Great Britain in
1868 was two hundred and thirty-seven mil
| lions; in 1864, two hundred and seventy-foul
| millionS and in 1865, two hundred and
eighty-six millions. To show her rise in this
trade within a period of fifty years, we will
\ state that her importation of cotton in 1916
was only ninety-nine million pounds, equal
4 to two hundred and forty-seven and hall
\ thousand bales.
This branch of British industry is worthy oi
| close attention on the part of those in our own
! country who have the advancement of ouI
! cotton manufacturing interest at heart; and we
| fully believe that if the impediment of taxa.
| ton and other obstacles are removed necessary
to its progress, the day is not far distant when
our export of manufactured cotton, in all
forms, will much exceed in value that of oul
great and successful rival in the Old World
But a free trade tariff is the first requisite to
successful competition.