The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-06-08
"KLNG COTTON"
A GREAT CONSPIRACY AGAINST THE
DEPOsED MONARCH.
BOW TO PLACE HIM ON HIS THRONE
AGAIN. f. sfl
Speech OF a Ratatcal Mississippi senator
'e>H '"S Q amd Planter. e%i5af
A STARTLING EXPOSE.

'e>-'"s @md Planter. 4ss's,f
A srARTLfN EXPOSE.
While the Southern Commercial. Convention
was in session ct MempHis, General j. Z. al
corp. United States senator elect from Missis-
sippi, delivered before committee Of cotton
growers speech, which contains statements
in regard to the cultivation Of cotton in the
South, which age as startling as they are
strange. Senator ,Alcorn gives I'm detail the
facts and figures from which he draws his
conclusions, and his views are so important,
whatever their iptrinsic soundness, that We
present to cur readers a comprehensive sum-
mary Of the principal points made in his elab-
crate speech. 'He ..ies&ss aant5
After speaking of the financial Importance
OF the production of raw cotton and its power
before the wsr as peace makei, he describes
the unfalt tering struggle Of England against
our cotton supremacy, one Of whose results
was the formation oS the Manchester. Cotton
Suppl Association, which wields enormous
wealth, is directed by high practlcal intelli-
gence, and ia backed by all the influence of the
British Government. In 1862 this association
was already convinced that America could not
for many years to come, If ever, regain the
position she had lost. and that OF the S40, ,0OO,-
600 sterling, up to that time the prize of the
American planters, other countries should
strive to obtain at least f2O 600 600. This was
the basis OF what Senator Alcorn called .sthe
conspiracy against King Cotton, which pro-
ceeds on the assumption that the emancipa-
ton of the negroes. the exhaustion of the war,
the Withholding from us of Northern conf
dence and capital will have 80 reduced our
powers of production, that giving what is
called "a start to competition on the part,of
thirty-fve other countries. this Amerioa OF
ours, il not driven wholly from the market.
will be-, at all events, degraded from her su-
premacy to the condition Of a tributary source
Of supply" '.e'.- .zs,s..r'
DETAILS ANp PROGRESS OF The CONSPIRACY. /
The combination against American cotton
industry reveals it's workings over a wide field.
Ihe British Government has lett nothing un-
done to stimulate the culture of cotton
throughout it's boundlesS domain. Companies
Lave been set going for the purpose in Aus
fraiia. In Jamaica and IN Natal. In that en-
pire, on which the sun neve. sets. whether in
India, IN Africa, or IN her islands OF the oceans.
English policy is working with the unity, point
and force OF principle to break down forever
the Calling monopoly that has been forced
upon her acceptance by an industrial trlumph
flush of pride. nt,tt.t,,;.tsHe \
!, England has also. beeh not less active in
countries in urging. the authorities ~ 4fEa
steps for fixing cotton culture ;ainonp iis naoS
pie BY prompt employmeut Of the opportuni-
y offered BY the sdificnllies OF these United
France is also in the: Aeld. and in Algeria
cotton ls exempt from taxation, its quality ia
made 2 subject q state prizes, and free .glfts
enter upon its cultivation. Greeoe has refiuGad !
her tax on cotton one-half Braz, ia distribmt-.
ing imported seeds. AUSTRIA and Mnrncco
nave also falen into line. Egypt has doubled
ner prOductton. Portugal has abolished, the
onered premiums Tor it's, production. and
makes free gifts to the planters or seedH and
implements. Italy has run RAILROADS into her
mestio 'ca4Ataa by most liberal offers. ga !
~ the increased foreign production Senator
Aicofn 1aso says .Hayti had,s between 1890. and
hes St cotton
much as she had In 1851. smyrna, w ,ich had
reappeared In the cotton market in 1861 to the
extent Of 10 600 bales, contributed to 1t IN 1862
of raw mste
rial TO the mills Of Manchester in 1850, but in
1884 the number has increased to thirty y-nine.
and the thirteen new sources are not ali un.
find japan to the extent OF a, 600 bales !: Tur-
key to the number OF SO 900 baies; Hong Kong
to the extent Of y, 600 bales; Chime to the NUM-,
labors Of this conspiracy for but three short
years. Nor is thls all many OF the sources OF
supply IN 1850 had contributed to the Enghsh
deDlan9 OF leb4 ~ Volumes enormously in.
Gs;s;us Sreasec: . me Egypuan contrlbution to the
!nao Damisn MaFkets nha e1pandad rom ", ,OOO In
4ooO 10 as mucni ~ 1o64. as 10O OO0 bales. The
nas hsd increased Between 1860 snd 1884 from So
@ a. psrts il leo