New-York tribune., 1868-06-12
THE COTTON TRADE.
THE NATIONAL, ASSOCIATION OF COTTON MANU-
FACTURERS AND PLANTERS

FACTURERS AND PLANTERS.
BosroN. June 10.-The gentlemen comprising
the government OF the Association, which is intended TO
embrace ali tho leading manufacturers ana producers OF
cotton I'm the United States and which was formed in New
York few weeks since under the title Of the National
sOciatiOn OF Cotton Manufacturers ana eio ther
first business meeting in this city To-Day ABOUT 40
gentlemen from different cities the Union were pre-
sent The Hon A. A. Lawrence OF BOSTON, IIesluent o.,
the Association occupied tho chair The meeung
to devise measures for mutual protection against hostile
legislation, and for the purpose Oi giving
Character TO the future development OF inc great
President Lawrence made short opening address In
ton cloth Increased 7G per cent between 1850 and 1850
making in the latter year 46B yards Tor eaci
use II yards more i'm 1860 than in 1850 and nearly much
as the whole annual consumption OF dOhesne cottVn
country 6aOO 600 spndles which s25 each, or sGO
10000 To this should be added the capital invested
employed In producing the supplies OF the mills, about
s20OCoOOO more, making s26OOOOOO IN all seven years
cotton produced in the United States and now we man
ufactured nethird. Whenever they begun to export
goods as they did in 1850, the manufacturers Wouiu
qulre much more The estimated number ol spndes hau
produced during the past winter - skens aveIasg 20
TO the pound) per day 10000 bales OF cotton OF $50
pounds per week. at which rate $4,000 bales w9ud DO
produced in one year The vitality SHOWN ny d tnI5
seven years has been striking. II they, had been
from pound in 1851 to 81 90 in 1864 and would
then fall to 40 cents in 1865, to l5t cents in 1861 they
would have foretOd the ruin engaged in it, Yet the
failures had been few because very fortunately, the
profits came first gave the strength needed TO bear
the heavy losses aferward He urged them, in closing
push forward this organization. They could promise
manufacturers information which would enable them TO
extend their with diminished risk aud to cotton
growers they could guarantee increased supply Of
capital. and improved machines for cultiyating and
bers and eectng six directors, Mr. George L. Ward
Of Boston called attention to the subject OF tare on
cotton. and this matter was discussed
SECOND DAY.
BosTON June II THE Association reassemhled at ii
a. m President Lawrence In the chair. The Committee
on Iarp
and others Interested in each state to petition e gs
aures OF their several States for the enactment Of laws
reGuriAg the allowance OF all cotton sold IN their
States and that the members OF the Government IN eaS
state be requested to effect and give direction TO the
movement The Committee also recommended that a
committee OF ten be selected from various parts OF the
country prepare full report on the subject ana 20
consder I'm connection Herewith the best mode Of mark
ing cotton to Of fraud where poor cotton Is
During the consideration of this report Mr. Nourse Of
Boston said that in Georgia, Alabama and he believed IN
all the other cotton States It is crime 10 PACK eotph
falsely" In Georgia, Alabama, and ia other state
poor UOItor w. mn % DS II was Known every where
that this had been done In Savannah, Mobile ana Rev"
Orleans The manufacturers III the North are sWndleu
by this means aud do not receive the COTTON tey p
chase. The report was accepted. MI: otunP9OnSoi
Massachusetts, who has recently returned from Alabama.
where he has been raising eott9n sa rnau az, iiSag
NOrtherners failed in securing prOhabe crop last year
because they went to Alabama and planted on their own
account, instead OF taking pactcal 'C Pi PSi
ship with them. Other planters dd nQt 90 Wen as. ~
year because they obliged to sell ther crops at
low price they gathered IN, IN Oruer 10 pay
Mr. Garsed OF Philadelphia advocated the introduction
Of ter machinery in the South for preparing cotton lot
the manufacturers. - ,.,..
Messrs Bartlett OF Texas Calender OF West virginia
s BALDWIN OF Maryland, W ii. Baldwin OF Maryland,
and Nourse OF Massachusetts, advocated the resolution
aud the Introduction OF improved aud more simple ma
chinery for the Use OF farmers. -,
The General Committee Tare. provided for IN the
report OF Yesterdays Committee the same subject was
appointed and composed Of the fouowingnalned gen
tlenen: T. A. straw Now-Hampshire; Augustine Haines
Maine A. s. Huuphries, Mississippi George Broeie
Arkansas T. S. Chiffon, Georgia; Daniel Pratt Aia
bama David Calender. Virginia Dennis B Kelley
Pennsylvania Charles G. Taber, WORK H. Deiord
MARYLAND Samuel Bachelor Massachusetts; Chafles
Nichols Rhode Island John Slater, Connecticut
The President congratulated the Convention on tue mar
moDy that mad characterized It's proceedings coming as
they did from sections supposed TO be IN dlec ahtag
ouism and declared the meeting adjourned SUBJECT 10
the call Of the Executive Committed