New-York tribune., 1876-01-31
AMERICIN COTTON GOODS ABROAD.
ANEW MARKET FOR PRINT CLOTHS.


MR. HATHAwAY's MISSION TO ESGLAND-THE EA'
PORTATIoN OF COTTON GOODS ENCOURAGED.
FALL RIVER, Mass Jan. 29.-The gratlfy-
ING Intelligence brought by Mr. Hathaway, Treasurer OF
the Border CITY Mills Of this city from England In rer
erence TO the trade the class of cotton goods mahua
tured In this great hive Of industry has mad4 ABOUT az
much Of hustle among the mills as bit OF good weather
| IN Summer would among the storn-Donhu snipPinso VI
crowded mort ON the New-England coast. Some sales
were made in England, and arrangements "ele
by which goods to be regularly smPPeu MI" ''''
ora going forward in such quantities that the nome mar
.et vi he materially relieved IN very snort time' ri
ebasers OF Fau River goods, II Is coHnueh'I' ah'i0
| pated Will soon be driven TO cast hDots '"'"l "
where they shall get their own supply inero ao no.
now over two weeks production OF SPOT eoou' III '''
,are, IN show the practical faith felt here IN the
suoodv bettcrng Of Trices. may be mehuoheu 'n" n
the stock OF goods in Fan River held by one person o"
,,ton He regards cloth goods at present prices ~
good an investment as Government bonds
The excitement created in England by the peaceIW
, o be Treasurer Of the Border City Mills hardly
be understood by Americans, unless they recall ther
own emotions at time at the prospect OF the etthg
Ioose Of an inundaon OF Chinese cheap labor upon this
country and unless t0o they think OF how much Blush
manufacturers already been crowded by the advent
OF the pushing American in their markets. IL seems,
though that all tho excitement created was unwarancd
As they began 10 talk here about the foreign
market and before II decided 10 send Mr. hathaway
abroad the cloth brokers here wrote somewhat exraVa
CANT letters To England They enlarged upon the extent
OF American production aud named the low prices at
which goods cond be sold with view OF obtaining
orders Besides this number Of dispatches were sent to
ENGLAND on the general subject all ~ which intelligence
WAS published IN the Manchester papers. This caused
needless coumoon, and was made the subject oi com
muulcttion to their Chamber OF Commerce by L"rd
Derby Mr. Hathaway therefore found some embarrass-
mcut Ills arrival in preaching the precise poslu'h
Of affairs Whcn hdweycr. the English merchants learned
that the quantity Of the American style OF goods tha'
can be shipped abroad in event s not enough 10 he
fc IN their markets. they entered cordially into TIE
opor,ion They ycxanntd the goods gave them FAVOR
able comparison with thcir own, and encouraged snip
Tne material tact discovered in the OF the mis-
sion 10 England. f.. that American spot goods VIII bring
brifcr prices IN that country than they VIII OF hoInr
That f. enough for The present cNrnc since ran kVtr
Manufacturers may now keep ih'f hd' ul'IS hhh u'I
laon Of goods Another Interesting itct hhWc'tt hh~
been asrrftaucd namely, that The manutacturr "l COZ
ton Goods In England is moi now considered equal to me
demands 81 thc markets which England supplies. Ne"
m \. Are accorduLj n pIoc,ts Of construction to meet
ch'nefy lave orders on hand which Will Keep their iu
force cmp.oyod Tor morc than -i1 months. ihe al
Vanlaccs uf ns condition ~ ihing- to AWti can manu-
faciurc- apparent. ready market tor our tuilus
manufacture assured ~ long the c"stof production
II viii he remembered That Mr. Hathaway went
abroad exclusively ~ The Interest of pnut doih IhIs
Ii- operations are therefore ~ immediate p cunlary I'M
poIta,r only Ia manufacturers of that class "i goods
But The notice which has been taken Of II has created an
a.ifstion which Will inure tp the benefit ~ mauuic
tur,la f other STYLES Of cntous. aud they VIII hc induced
10 -,oL mtfh,, fur their spl~ production which have
b,t,oof, Lt.u occupied bN Europeans. It ought To- D..
said. lltp, Al ti- ii. tiht though II is hoped {" eA
Ial Of cotton goods iuis Spring, ~ L. not
=, grrt.d that the movement VIII ho IcfIucnt one.
Tho relief sought Is ou.y temporary. Improvement OF
home prices and tlr restoration Of home tadc arr Tie
only objects aimed at II IL not believed thai there are
too many cotton mills IN hr country. When H. general
business l. under ascEcc prcSsiun the supply oi
cotton eoud- docs not exceed Tie demand =" ht an *
potauu col cui'uue + ouy looked upon a. the temporary
a. irtfioi Of an exceptional remedy during t"hi"Ihy
and exceptional drpIys luu of business.