, 1877-09-14
COTTON MANUFACTURES.
American vcrSus English CottonA
Nunchsa;ef fSn9, y Courier,


Tho report OF MT. p!unkctt, tho British Con-
sui at New York, Oil tho commerce Of tic
United States in the year 1876, contains sosnu
particulars of Importance to british manu-
facturcrs OF "c'tton goods." Tho stattstlrs
asraugctl by thu Commercial l,uscauat Washing
ton prove beyond all question that the United
States are year by year Increasing their c1porta-
tion OF Gotten manufactures TO England pu.i
Scotlaud, md that the urItish expectation TO
ths United statcs has. pad pasau, docllncd.
Mr. Cousul booker, writing froul 92u Francisco,
says: "lhc American manufactures OF cotton,
bcID. tutrns!cally cheaper than British fabrics,
arc at present exported to Europe In very large
quantities." THO testimony Of cur Consuia at
many other plares Ia similar. The Official state
mcns published by tho Bureau Of Statistics
shows the startling tact that, whlls tho cotton
goods exported ln 1873 were valued at ta,5to,.
2is tn gold. they reached lust ycar ths vaue of
81, lbt SIT ln gold. uu the other hand, In the
calendar year 1879, uas United States purchased
manufactured cotton Of all kinds 10 the vuluc
of g., ,3s7, ,469, while last year the valus of our
cxpofts VIA but SO, 7g4, III, Or ltsle u,oru than
half. The Americans arc not Gully supplantiu4
u tn their market. but arc compcttnx With III
In our own. MOI alone 10 tue port of Liverpool
do tho energetic Americans push their goods,
uut Sl4Ef A1eGs W u kAc futta " QuT colonies
aud dependencies Thus, while they sent to
Liverpool guols worth 81, a,46s,170 gold, they ex-
ported to 0lMgow the worth Ut 349,O54; to
Nora Scotia Of 0.ooo; to Quebec, ontario,
ETC.. Of e:i3, IT'S: " British Columbia, 3&A0 A0sH;
to Newfoundland Of e:5,657; 70 the Bsltlsh
West Indics, Sl33,ha5; to British Guinea, 3l4,-
SA; u thk British East indies OF $73,307; to
Hong Kong Of $t4,9I3: aud 70 BFttish possc4-
aiona In Africa Of t;1131l.
Thus American competition meets u every
where, and mu8t, Ia aolnu degree ut least, bcat
u, seeing that the eKportation Of thesu 0oods
Las been regularly aud steadily increasing from
ytar " year since 1o13, Tbs possibility Ut 4
Yery active AMI growing competition with En-
Efaut3 In her own Possessions Il A0 longer
clttnerical view ou tle part of American man
rfMtuycss; It u = josttivu Mattcr Vi fart TITO
p1nciple upon which thu manufacturers act ut
present u caull1ly set forth hy themselves.
The trade ut this time, they say, ts, aud must
be for while, competitive III Price II III other
respects, just ~ i thu trade now tn ffe&h Amer
icau tecl, which, after paylug the Gust y!
special cargu, chi bc sold III Ltycrpuhl III steaks
cheaper Than 1t can be bought In similar shapu
up town Ii New iufk. A Hargin vi profit must
Lt sacrificed to ''Daks tta41s," but tAe tratc
once secured. tne larger prutts VIII cnsue. TlIs
u undoubtedly Z nalyu admission that the
Amesseaps sre actually selling for 10 profit, and
possibly Vt ldss to urtye Us out Ut The market.
l1ea tho cunsulneF Mlll sutIer. There Will be
Eooi many bankruptcies u New York, We yeu-
tute 70 think. tcloIe tl4t catastrophe arrives.
Dut It 4 also atatcu that American cotton
goods ssat " Liverpool and ulasxue &ss psiu-