Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-05-24

LIVERPOOL, May %, II a-m.-Cotton
is vuiet and prices are unchanged. Mid
ding Uplands lOZ9lld; Orleans llAd.
lp.m.LCotton steady; Uplands, 1880
lid: Orleans MD; sales 10000 bales.
Though India can take the place
of the South as the leading cotton produ-
Ger of the world, she will yet for some
time be able TO stand a vigorous competi-
ton. 1t is said That there are forty mil
lion acres of land in Central India suited
10 the cultivation of cotton, yet unlm-
Droved. The facilities for transportation
have heretofore been very poor, so that
the cost of marketing an exporting com
moditv WIS enormous Tn India staple
is 40 inferior that il cannot wholly super
ssde American cotton. OF late years the
former has been used TO great advantage
in Inc wool or filling, the latter being eX-
cIusiveIv used over all the world for the
warp. A certain quantity OF India eoJtons
under high prices VIII always be IN de-
mand, the eXact proportion 10 the HhoIe
1onsnmDtioD being determined by the
rsnge III values, Before the war nine bags
81 american cotton were used to one OF
III otbar descriptiOns. From this we may
i1fer that no very great reduction from
nreseut prices viii suffice TO almost en-
tirely cut of the Id staple.
For the warp on thfeads'
~,rsnot aud length of fibre are especial
- re6uisita. These w qualities are ne
csssorv N sustain the tension and friction
- wbieb The threads are exposed im the
oo- No other cotton than American Is
- eli adspted in these particulars TO
snnplv the requirements OF spinners.
E1vptian staple makes the nearest APP
proach, while Brazilian Is OF ialr quaMty.
~ fo1mer country has been a cotton
--odneer for fifty years. In 1885 she eX-
Pn~so5 1IE O00 bales Of $50 pounds each.
- vaar she furnished $4,000, against
- 0o6 ne previous season. Even under
\ stimulus of high prices her exports
onlv reached $4,000 bales, and thai crop
wss followed by a desolatlng famine, Dy
itch one inhabitant died for every bale
HFoofton produced. The strip of country
oion, the Nile must support a whole
-.--1afion. and no more land can be
Po-a5 from b~readstuffs. The imports
r. TfverDool from that country up to
4ba 2ofh of April this year show a ialliug
81 ~ 400 bales, or about nine per cent.
a. for Brazil, her figures appear iOrnfld-
.6Ia Al q qiance, her exports having run
80 S-om ~. OOa bales in 1872 to 7O6,OOO
uP tsS@-e Yet, IL must be considered that
49, balss weigh only 100 pounds; so
49, tbe last mentioned exports are equiv
sIsnt 10 only 243,O 900 bales of u cotton.
The following year she furnished Europe
only ga, 900 bales; and from the LIST Janu-
arv TO 18th April. this season, the imports
of Brazil cotton into Liverpool show a
reduction Of 1900 bales, or about 3 per
cent. The condition of Brazil Is not such
as 10 enable her to sustain sharp eompe-
tition and lower prices.
So far a. the South is concerned, then,
the future is full OF hope, and as she adj
vauce in production other sources of
supply will be enfeebled; and the steadi-
Nv increasing consumption OF the world
beckons her on 10 a richer position than
She has ever held. The future cotton pro-
Queer of the globe viii be wealthy beyond
calculation. The power ofsSesm mas lenI
new wings to commerce, and b thou
sand million inhabitants Of the globe are
becoming rapidly united IN the bonds 81
mutual dependence. The great laws OF
POLITICAL economy viii soOn have untram-
meled sway. That country whose V
tages make it The producer OF the staple
which is TO elothe this mass Of human De
fngs. has indeed an enyiable station. II
is 3 noteworthy fact, that the last quarter
OF a century has opened the commerce OF
the great tropical countries swarmlng
with inhabitants who require cotton
goods.