The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-09-23
THE COTTON SUPPLY.


for many years, in Great Britain, an associa-
tion of influence and power, whose business
has been to promote the growth Of cotton in
all parts of the globe, other than the United
States, with the view of raising up competition
with the American-grown article; and also for
providing supply Tor the British manufac-
turer in case the American crop should be di-
minished in quantity or be entirely cut off,
This large and important society has lately
held meeting at Manchester, in England, at
which the annual report was made, and state
ments put forth which contain matter Of great
interest to all citizens of the South, and some
of the most striking points Of which we here
with notice. The Committee state that they
have received, during the year, one thousand
one hundred and ninety-four letters from the
various cotton districts of the world, soliciting
advice in reference to the culture of the plant,
and asking for grants of seed and machinery,
The quantity of seed distributed by them,
chiefly American, amount to three thousand
and forty-nine hundred. weights from Manchss-
ter, and one hundred and sixty hundred
weights from Alexandria The seed was sent
to Constantinople, Bagdad, Egypt, the Cauoa-
sas, South of Spain, Majorca, Algiers, Greece,
Italy, Bombay, Calcutta, Kunachee, Singapore,
PHILIPPINE Islands, Cape of Good Hope, Sene-
gal, Lagos, West Coast of Africa, Canary
Islands, Fernando Po, Berbrie, Antigua, Cuba,
Porto Rico, Nevis, Tobago, Barbados, Bahia,
San Paula, Rio Grande, Santos, Peru, Bard
iank, Friendly Isles and Queensland. 1t was
held that cheap supply of cotton was Of the
first Importance to the English manufacturer,
and that no effort should be spared to ensure
an abundant and low-priced product. In es-
timating the supply for the British market for
the coming year, they place the amount to be
received from this country at about $500, 600
bAes, which is too large by probably 100000
or 100000 bales. They next speak of the prob
able amount to be received from Brazil, and
put it at the same as last year, say about 4Oo,
600 bales, and talk in sanguine terms of the
DR. ospect of the staple in that empire. Not
much is expected from the West Indies, but
they are hopeful of Peru, which ten years ago
sent 400 bales to market, and now raise 10000
to $4,000 bales.
The growth in Turkey, Egypt and the Levant
generally, has rapidly declined during the
past two years, and instead of 100000 bales
which was the amount received from Egypt IN
1866, the supply last year was reduced to l6''
900 bales, and this year it was not increased
Turkey had been nearly as deficient, and fell
from 80, 1000 in 1855 to 39, 900 last year. They
hope to realize from their attempt at culture
in Queensland (Australia,) some 3OOO bales
during the year. But the hopes of the assOcia-
ton are mainly placed on India, which sent
them in 1860, 200 bales, last year l,o47 900
bales, and this year the supply is estimated at
l,46O, 600 bales, showing falling off of some
400 900 bales in the India receipts. They
make various suggestions and recommenda-
tions in regard to the culture in that country,
and hope that irrigation when properly carried
out will afford large increase Of the crop.
Une point IS nOIlced Whioh o1iueh 10 90 WI
Importance to operators and growers Of the
staple, and that was the great influence which
an increase in the price of food had on the con-
sumption of cotton goods. In the British
Islands provisions had risen in price during the
past two years some so per cent, and as long as
this state of Affairs should continue, end the
working man receive no addition to his wages,
he would necessarily have to reduce the
amount Of his clothing bill. This, at present,
is undoubtedly one of the great causes of re-
duced consumption of the article notwithstand-
ing the gradually falling price. In closing we
will say to our Southern readers, that after
perusing the report, that we are more sanguine
than ever, that the old and densely populated
country of Europe and Asia, will not be able
to grow large crops of cotton for series Of
years at low prices, and that with energy,
economy, and a skilful use of labor. and all
the improvements of the day, few years will
see the Southern planter again master of the
cotton world.