The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-06-08

C., i " LSOA i MON IN II
where. OF the tbirty-fve countries represent
ed in the cotton conference in London, several
came within the operation Of our theory OF
fibre climate. large number OF the paItici-
pants in that anti-American conspiracy repre-
sested lands within the basin Of the Mediter-
Taxing in both o.ss the
tests OF similarity of climate, glance at q
physical atlas will show that the countries
along the shores Of the Mediterranean--excspt-
ing those affected by local causes-enjoy a cli-
mnte similar to that Of our own cotton belt.
The question of value in cotton is not. how
ever, one of theoretical deduction. Those Of
Egypt, for example, had proved themselves.
the very choicest qualities. The Turkish
hbres-those Of the Levant--were known half
. century sRo to be equalsto the very finest
in the market. The Algerine. cottons are. it is
but those, OF Morocco. sheltered by Mount
Atlas, and moistened by the influence Of the
ocean currents, represent admirable fbres.
Cotton has been produced u Italy for nearly
totally gwen up In tnst country; the plant has
continued to grow under 4-Tli vlcissltudes of
tyrarn, and violence. To-day it is cultivated
the provinces. In our tim4 4cotto1 has been
exported from that country iii large quantities.
During the continental sys em of Napoleon
BonaParte the raw. meterlab could not be OBJ
stimulated the growth IN the Italian peninsula
to such an extent as to nave superseded there
even the hg, the mulberry, and the olive. Per-
feet!y available, therefore, for ali the purposes
OF the conspiracy AGAINST American industry
are the fbres OF the peninsula and islands OF
the Italian kingdom. Confidence in our mono
poly OF the fibre climate proves to be broken
reed. Within the limits OF that theory. as we
tile movements in Egypt Turkey, Greece,
Malta. the Ionian Islands, Morocco, and Italy.
But the actual danger Of the combination
aaainst as!a the proudest victory OF American in
these, Brazil, India and Hayti.''
THE AREA AVAILABLE FOR COTTON PRODUCTION.
According to Senator Alcorn the average
that may be diver ed in India to cotton, is not
so great as is generally supposed. In Brazil
toe quantity Of land available for cotton pro-
ductlon ls set down as practically unlimited;
In Egypt, OO0. 900 acres; ing Hayti. 5000 COO
acres; and in Italy, OOOO 600 acres. Egypt
ana Italy alone are stated to- be able to occu-
py FULLY our former place in the market OF the
woIlds without including India, Turkey, Hay-
Il, Brazil, and the West Indies, and that now
foreign cotton, which can be procured in un-
limited quantities, is well suited to from fifty
to seventy-hve per cen,. Of the purposes Of
the mill owners.
THE QUESTION OF RRIor. v
he then touches upon the question of price
and shows therein another danger. Amcrlca
is not now in condition to produce cotton at
anythlng AXE the prices prevailing prior to the
war, whilst, ON the other hand, foreign coun-
tries, by means of cheap labor system. are
produolng at pllcos not much above the low
est that ever prevailed in this country.
1.-The report of the Cotton Conference OF
OF the rice at which cotton can be Produced
IN the several countries represented in that
conspiracy. Two pence half
penny per pound will. according to DIR.
India And Mr.. Chapman the @anafsctnrer ~ SHssSn en-
quoted in the dispatch of the British Secre
tary OF Legation at Petersburg, says that the
olsplace ,ent from the market OF fifty per
cent. Of the American tibres viii follow, SO loog
as those fbres carry o proc higher than the
Indian cotlon in the proportions Of fifteen per
cent. In Brazil, the proceedIsg III OF the cotton
conference state THAT the plante AZ WILL reap a
profit, and the cultivation viii extend at pr1ces
80 low as four. pence per pound. In Ecuador
raw cotton can, it ls Rilegod, be produced with
profit at four pence per pound 6ix, pence per
pound as said to ba the lowest price at which
that culture would pay 10 veneanela. At six
pence pound, on theBppt, aueincrease in the
breadth Of cotton planting would. il is afarm-
cd, 60 on continually in aayti. From thr to
tour pence is declared to be the cost Of produc-
sessions Of Portugal, 10 Greece cotton plant
ing cannot be maintained, It appears, at less
than SIX pence per pound. but any excess rof
price above that will lead in that country. its
extension. In Italy the cost Of producing the
fibre is set down at from four to six peilSe
per pound. The specifications may be sum
med up. in accordance with the statement Of
Mr. Wauktyn, by assuming that the contest for
be fought at prices not higher than six pence
per pound. The vice-chairman OF the Cotton
Supply Association lays down the preoise
ground on which the war Tor the destruction OF
our prosperity is TO be Msged. In recon
American planter owns could not cultivate
cotton at the price OF four pence per pound
But since 1876 the average price has
s, been nnae gaoa saa ysa1
to- oorne heisals be unable 70 afford hts article
90 mdcn Tess than eight or nine pence lpsr
pound; so that the questionfo for you to consider
OF circumstances. produce cotton at sx pence
per pound. IL you CAM y0u, are perfectly safe
in future competition with ,America.'"
THE RR1dEDY. i:t@ S
Senator AcoTn says, in conclusion, that to
States profitable, in face OF the various acci-i
dents which cause short yield, the cotton IN
teresla must be made supreme and able to con-
troll the market, so as to make good the short
nopoly this cannot be done. To do this, there
tore and to counteract. so lar as possible. the
eject OF the foreign con spiracy. will require
vigorous Efforts on the part Of the American
producers and extensive aid from the Govern
leyees. II will not do 20 strive In the bat
tue ot prices With upiands, averaging from
ssMoto i've hundred bounds per acre, for de-
rich prairies and valleys Of the interior. % The S
proiific flats Of the Mississippi, who yield
LOCO tv 5000 pounds to the acre, viii enable us
TO BRING down prices and distance foreign IL
valry. There are 10 600 600 acres Of such lands
developed and rendered useful by the CON-
struction OF levees. would again give TO our
g country the cotton MONOPOLY Of; the world. 1t