, 1870-09-06

ftErrntnE, american. ....,, 3. a.
n exclusive staple production, the commerce or
this city, for time at least, must be raqtiy iwnr.
nt'". Commerce Is the exchange Of cpmn,oIj.
'"tton exclusively, and purchasing sun;liss. on:
larlshahta must retcsve large proportion OF ths
.s"hts: This has been apparent durin:: the ytlr
f,as Ind new life Infused into it. AMI substantial
end. ~ A's
II. receipts Of co,,ou a. this MIN, fer ,hc x,ar
*ie eco bales. valued At ssAt 900 %sl, again
|isl6 bales last 5ear, valued at SOS ,o5t Onr
:roca r1oss fecstpts Of produce from tho Interior
n.annfac,n!r.i articles 0 srurn nj tie p!S So,:h g
have tccn ssn mo mo- Our foretcn tra,it. has ',.n
;' less ,sa,'stacter The expert. for ,he hca
s.5,sS3..e1 the Previous year, and The lt1l,,nrfs
VIZ compared with sll,'7o,saa darn.
The entire value or the commerce VI the
shu>a1s' fntif hnu',rca and SIX vessels have bss,,
entered and cleared 1t our custom House during
ne rs. usrai year With al aggregate Tonnage II
,d!r wharf se1r $3.50, acalust aese lsst yrar
Ihese arrira3s embrace about 5000. 900 fons of
s:ss! H 9!ntine Glr Exports soasswlse--,has il to
i'urts-havc 'ten abcut 81, ,,lc0, ,frl. '-
y tehtrsl setrus.*.cs of The years lustuess ip-
tiats h9sEhicr antlcipailons of our future pro-
eftsS Although We have failed tU Recover aty
r'ff!Gn G. the EAde directed from u liz thr
faa5rnrtati0u lines between the West and th,.
;tlant'e rlslcs. tue porunus districts III tie
s:HtE. WbHh formerly received the!f entire sur
tiles OF hrraislu1a and provisions from thts cir
arc II able4t bJ means OF the ad,titlonaI tuciies
a,snisI ny ths exteasl.,n OF Eailroul5 ami lines
the Western towns; yei, without including ,hc
movement ln cotton, the volume OF our trade
shows gratifying increase.
tetfnn hclnE the man source of ou. prospertty.
u aEu = =, lne cn1ei mnttTe power of Onr industry u
an Increase OF Us receipts Of nearly s31,o0 Gae..
il. Volume ot our trade AMI ta1E aasmsn;S
ne proceeds Of our other Solth.r crop, sugar.
~ 1,sHa nGaser than 14ss year. alnl augmented
have reqalre.i larger supplies for thclr sshs,st. nj,
nccr and Mnat Of our rGeerts from the iniprinr
~" so va Rsatsiysne Increase This IS especially
1nta': t'acon. lassi. ha,te!, checse anu rhtsssT
~ tMe IT." Aslle!es which a.e almost exe,Mstyrfr
~ ~, ,,s',,P s'G;Pmens ,a., also show an aema.e
r.Tas' to our other Southern siap,es. bcs,5es
fottGti ANIL sugar, there has been larcr tncrcas
n Icc aud some IN spirits OF tuspeniine, but none
in ro>1n. 3Ae
From the causeS already mentioned larcar
huslHess has f*en done III dry goo,ls thc air..
s;1ae. nastwnse. and other branches oi Ihe
seta greatly extended, but 1t low rate Of nron,'
.nf.!sa!cFs competing In prices with the New
ac!k !oot,srs. Our import tFstle has employed
eau un.le1zel tteir New YORK eotuprt,tnrs IL
ail these branches, as well A. for the movement
rf OFT aEt;cultusal products, and The payment of
IS ofuken uptl the crop Is ready for sale, m3re
capita! Is Needed, and large amounts, coen,tnr
- billions. can 1c thus employed hy foreign can
::HEsss. either directly or indirectly and v1th
-fra1 frbrt and safety. The National car.
'eney law enables the ho1trrs Of United
Nea1es ls'htls to derive dn0ble eren treble In
t,.est !sntn them hy investing them here In No
lonai 6ahKA Ten or twenty millions employed
IN &hs WaT would do more to Increase the sunnIy
y Sottons than anS Efforts that nay Ii. made ii,
!aaa, T1th This 1AtvaaIaye 10 the splnners, ta.{
tie Increase would consist OF the ktnls which ar
intst *auts.l. Manchester men wnul.3 .lo we'll to
rise above the pre1n,licrs excited by auacrpnn-
.'ln: enemies OF The South, aud give this matter
III. Md fn1 consideration. We want both labor
1nt capital to %lese1ope the Ethes OF our fertile
soil, but the latter will surely attract the former
ssur sources nf supply are tae negroes OF the bor-
''c1 states. the Chinese and Europeans We have
Eht s{ae slightest dcnbI that II the Ct!ne1e hr
ffeAtet! Win the humanity Rll consideration that
nf CID Planters pEAcHrea 70 their wei!-fe4t COM
hi!-clad, and stcurclr-hsEs d slaves, the9
his Is all that e necessary to en1hc them to save
> hantAonae surplus annually. II, In case they
sh0ni fatl, We aze conynretl 1t would he from In
h'lclnIs treatment Rpt eFea without any Feter-
sace ~ additional supplies of Labor, We want more
capital, aud believe that 10 other dr!d Offers the
iEeSl.
The decline III cotton has cause,l heavy lossea
nn shipments TO Ise1n'ol which teaches salu-
az lesson OF the tEpollcy Of trusting to other
oatIets ihAn our OWL There IL an OLD a.lAgc
n sound commercial philosophy.
Inc Following cftcs the distribution OF the COL
|on exports, compared with The two preceding
rearS.