Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-29

bic reputation for her grades OF cotton,
to 80 great al extent tsDd which exisls
TO this dsy), that Memphis eottons when
shipped directly to New York OF Liver
pol would not command so much
IS when snipped via New Orleans
TO those markets, covered by 8
New Orleans bill Of lading; suf-
fering thus much simply from unjust
nTejudices of the European and New
England cotton buyers in favor Of
New Orleans. But in the season OF 1858
8, tina New England spinners Seem TO
nave become more cOnversaAt With the
fact that they could supply themselves
st Memphis with more desirable c%ottors,
and owing to q increased railroad facI-
ides, upon more favorable terms. That
year they, with a few energetic sDsnuers,
took near 100 900 bales OF cur c%ottOns,
SO. 0o0 Of VIII Oh was shipped directly
North, via river and rail transportation ;
only SEINE 1900 OF this purchased, hav-
ing transit via New Orleans. Ysf, still
leaving some 226. 900 bales to find market
in New Orleans. In the season Of 1891,
these Shipments directly TO the North
AID Europe had Increased to 200 COO. out
Of a crop OF $4,000 bales; be it remem.
berei, toe, this Wssnot at a date when We
had no direct railway freight c0mmuni.
cations with the North. We are with.
out precise data from this year until tie
season Of 1866, which brings US TO an
epoch OF momentous changes; war
had desolaled sud impoverished the
South, leaving our labor system
EutiOnized aud demorsliZsd. Our own
fair city snd district had suffered
peculiar hardships. For four l1rg
ye 4rs being q center OF active hOetiliiies,
our planters were C .2lpsrStiveiy devoid
of wo. king stock . : agricultural imple-
ments, our merchants driven to or al
nost TO the verge II bankruptcy, we're
enabled te furnish comparatively little
aid IN further2ncs OF 2 crop we real
ized that season hut about ll3 600 bales
OF an entire cop of 1,7l8, COO bales,
which included the remnants of crops
that had been preserved from destruc.
ton from the immense crop Of1S6l-2 and
othGS sesFs Of the war. OF the crOp Of
1867 we received 227 626 bales, Of
which only about 40, coo found outlet via
New Oclesns, and Il large proportion OF
Lhis was shipped direct to the New Egg
land and European spin1eTs. or the
SEASON Of 1S67-S we leesivef 254 .000, and
though shipping come 40, 600 20 New o.
iaars. only about 25 coo being cent to
New Orleans for q market. Or the ex-
ports thus far this season of 2l5 900 bales, |
we estimate that not to exceed 10 900
have found market in New Orleans.
Reducing figures to an aetuality, and
zssUmirg the Government statistics Of
1860 (which is the last C~ficial) the
Memphis district produces 48 Of
the entire crop OF the South
ern States. Further, assuming the
hypothesis, that to the prepondersnes
- - - Of z,Au.-- funfEF.sa- ia |
must insure the grestest benefits, what
may We not expect when our present in
augurated railway system is completed, |
he more especially when our genial Gil
mate and Incompatible soil is cOpsid-
We have said thus much in this
connection with a view Of inn
pressing upon the European spinner the
growing estimate placed upon Memphis
by the American spinner, land
we are happy to note the marked appre-
during the present season by
mostly continental spinneTs,) and, in the
end6s vOr to ineuleate the same impress
sions with the-Europesn spinner. The
more shall We be inspirited to this end il
We shall be enabled TO induce investigG-
top, in connection with what we have
already said, facts relative to facilities
for expeditions and cheap transportation, |
and OF the economy OF reaching the fac
tor, time AID insurance, over that Of any
ether cotton market in America. We
would state that at this moment, the
on cotton hence to New
York, all rail, consequently free of
insurance, is only SIXTY cents per
one hundred pounds, or about
q 50 per bale, geld basis, and has ave-
ragged neal this figure the entire season
that il can be placed uniformly in Liver
pool within twenty-five days, and cor
os~poniipgiy to EIrt Pean ports Ther-
ever ocean steamers ply, and this time
Rill be shortened muca whenever proper
steam communication shall be estab-
lished With Norfolk, Va.
Ia c,neiusion, n. President, your
com ittee trust that they have offered
sufi 'isat Incentives to i0duce thstiaVcs-
tigaliou, which shall lead TO q develop
Of the following, to us seeming
self evident facts, Y Z: That our crops OF
bsar q better average scspie and
body, ana g larger proportion OF the
grades than sDy other marked IN
Amsrioa, snd that they can be procured
with a greater economy Of expense and
time than any other, end we sincerely
the day is not far distant when We
shall be farSiliar;z d with 3 distinctive
classification, anu when Memphis shall
command by her inherent right all that
commercial economy truly entities her
to. Respectfully,
SAM. NJ. GATES, Chairman,
Il. y. NELSON,
JOHN T. STR aTTON.