The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-11-23

rIca Of nnttnn.
From the Boston JOurnal.l

The United States have no oseasiou
to dread the rivalry OF any nation In
cotton, for nature favors. She culture
in the Tilted States.
The clouds rolling up from the Gulf
of Mexico dispense their moisture
during the spring and summer. A
dry fall ripens and opens the balls,
and rivers rising In the spring and
winter bear the crop to market. while
the contour of the country is remark
ably favorable to railways.
In India, our chief rival, the climate
is too dry for the cotton, and an acre
of land in our Southern States yields
three fold the amount of cotton pro-
duced by an acre in India, and each
pound of the product in America is
worth a third more than the same
weight of India cotton, from the length
Of the staple.
Brazil might compete, but its sugar
and coffee make better returns than
cotton. Its product of coffee doubles
once In FIVE to seven years.
Egypt has competed during the war
of secession, but there the rich allu-
vium watered by the Nile yields an
nually three crops, and sometimes
four crops, Of maize, which is more
profitable than a single crop of cotton.
Our country has it In its power to
regulate, control and determine the
price of this great staple.
1t may be for the interest of our
manufacturers to keep down its price.
for the consumption Of their fabrics
and their profits may be stimulated
by low prices, but the country as q
whole is benefited by a full price, for
it exports from two-thirds to three
fourths of its product, and il serves to
liquidate our debt to foreign nations
and to prevent the expectation of our
gold.
Let us regard it, not from the stand
point of the mill owner, but from the
standpoint of the nation.
The nation again advances to its
claims to be the chief producer of
cotton.
Before the war its average produo-
ton had risen to three millions and a
half of bales. In 1863, with free labor,
it yielded three million one hundred
and fifty eight thousand bales, ana
this year, if the season continue 9
vorable, it may gather four n. 4
bales, or fourteen per CEN ;SdlIn Q
the average before the We Deych
Prior to the war ln@ =.
to Europe half a mDr IA usually SCI
the rise in Londe hon OF baiese %!
gold raised the s "a 10 Sky d,.c cents !
bv go. ~ it responded to the ris
50 -dlng to Great Britain In th
Year encAing September l. 1856
eighte IN hondTed and fOrty-hve thou
and balss; thus exhibiting a gal
from tAe stimulus of the war of or
, million three hundred and fifty thou
and bales.
] With the close Of the war came
! collapse. China and Japan ceased
{ once to ship, and India gradually r.
/. duced her exports to Europe and r
a sumed shipments to China.
. The former exports fell, aecordiI
. to the valuable report of Mr.. Nours
|. to thirteen hundred aud tWel1
! thousand bales in 1868. They col
. tinue to decline, and if our prices ia
to fifteen cents, promise in the Gu
h rent cotton year to fall below twel'
e hundred thousand bales, and may d
4 scend to a million.
n Before America sent cotton
!. Europe the Surat cotton ranged fro
= twenty to thirty cents. When 1t fal
r below fifteen in India, it gives but
r. moor return, for it yields on the ave
n ace but sixty-nine pounds to the acI
of and we may infer that the product!
q. of India will continue to decline If t
price descends to fifteen cents
D. America. -.
he Lastyear our crop of three milli
he one hundred and fifty thousand bal
returned a hundred and four dOlla
mr. mar bale. and gave the planters thr
" hundred and twenty seven millions
a. dollars. This was the largest su
n they ever realized in one year fro
81 cotton. Our exports were two n
lion. one hundred and eighty thor
hit and bales, and gave the country t.
ot hundred and tWenty-seven millions
n. dollars, but our planters were L
content with their golden barVei
IS 5hev were dazzled by their sucec
4 and IL ere gear added tWeDty-nqe I
~ cent. to the production
th This excess, accompanied by {
Ne war between France and Germany,
an cheokiug the demand aud depTessi
/. 1870 fUhewn fs roaeen fo fanF bal