The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-01-02

Total spindlcs. -. Us, OG0 900 2 guU 100 600
600 600 bales oi tho average weight of the
American bale
Cotton used in tho United States Is exclusively
American; IN Great Britain mostly American, tho
lndia cotton imported being mostly exported to Rus
STA, Germany and Holland. The cotton used IL France
IS American and Egyptian; in Switzerland largely
Egyptian. The question now AT issue Ii only snail
the United States supply an evcrlncreasng proportion
vi The demand tor raw cotton, but also shall We sup
ply even moderate proportion OF tho demand OF the
world Tor cotton fabricsy Among the countries
named above there are only three possibly four that
produce more cotton goods than they consume These
counlrcs are Great Brian, the UnitcG states Swilzcr
land aud Belgium.
1t rs VITA Great Britain however. that We are now
entering INTO peaceful competition. In the year 1874
she exported 10 other countries about cighy.ec per
cent OF her cotton manu- aciurcs. The quantity ex-
ported converting yarn into cloth al tar rato was
equal u IOO, 100000 yards. The value ip gold was
$780, COO IN our currency, III the average rate Of
gold Tor 1874, $4,000, 900 The exports VI cotton
goods IRON the United states In the same year were
not over 5o,oOooOO yards, valued a; - 1923 $50. on
this basis have about ninety per cent Of tho
supply OF the world To gain. aud one per lose.
Our exports u! cotton goods tor 1876 Will probably be
TWO and one-half per cent OF those OF Great Britain.
Mr Atkinson shows. IN some dctuil--First, That
the English spinner pays one cont pound moro Tor
his cotton than the American aud that tins Ia an id
vantage tho latter equal to twenty -nvc pcr cent
hig her price OF the labor required to Manufacture
Second, That trans ortation OF to
Central and south America gives US another advantage
equal TO ten per cent OF tue price OF labor Tnird
labor Is not actually much higher here than IN England
nov, considering efficiency OF management Fourth,
That Ia England more mills are run by stcam--ours
mostly Dy That
tcrest Is not much higher 10 the American an the Eng
l,sh cotton SPINNER Our disadvantages, ho says arc
IN our cuinbrouS tax system, our deprecated cur
rcncy and our navigation laws when prevent us from
having Il commcrcial marine but he thinks ought
at least to supply the Central and South American
States
Does 1t not seem rather absurd that Groat Britain
should supply Canada, south America, Mexico, Cen
trai America and West Indies with 900 600 600
yards OF goods IN year, nearly equal to ohc-hrd OF
tho whole production 81 the United states While We
supplied those states only about To- 900 900 Is
there tho nature OF iings that next
door ncghbors, who would DO only TOO glad enter
into reciprocity treaties with Us should buy OF Great
Britain cotton cloth equal IN number Of yards. though
perhaps not IN pounds, TO thirty per the
whole production OF this country while sold 10
these countries III yards litc ever half OF per
cent OF our productions What s there tue nature
things that should the trade between the
United states and Uruguay to be conducted IN tins
manner Uruguay sells rs Large portion Of her great
supply OF raw h,dcg The hides are tanned IA Now
England, tho leather Is exported to Switzerland where
IL Is manufactured INTO shoes lined with fabric
made OF American cotton, ana thcshocs then sent
back 10 Uruguay and other SLuth American states to
be sold. Furthermore, Uruguay gets her pay Tor the
Idos from Us IN money, this money Is sent TO London
In sterling bills and there invested IA British cotton
goods Manufactured from American cotton, and
these goods arc exported to Uruguay IL NAV
be asked whether IL would not. porhhps, lie
well to urge upon Congress the cxpcdcncy OF entering
into treaties reciprocal trade with all tho states OF
the continent OF America and Tor time at least per-
NIT us to Try the virtue OF removing rather than I'M
posing restrictions upon trade with immediate
ucighbors
southern man acturcrs ua their fabrics mostly OF
he coarscr Kinds, absorbing heavy weight o cotton
AID II - Ia these iabfcs that our relative advantage
over Great Britain Is tho greatest the demand Of
canada aud south America Is Tor cotton goods OF heavy
weight and urn texture and MS We even now import
Jaw hides, collcc and other commodities IRON south
America To considerably larger amount than ca
port goods, there DO but little Goubt that
ecpiociiy would Immensely Increase our commerce.