New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-06-26

From an examination Of the above table n will there
fore be seen that the value o. the aggregate exports OF
American manufactured cotton was less IN $50 than IL
WAS in 1860 twenty years previous aud further
more smaller in 1880 than either Of the three years
1877 1878 and ls70-inmediately preceding; or IA
other words the business then not holding lie own,
but decreasing And this Was the period which had in
my mind at tbs time made the statement which Mr..
heard calls in question. For The years SSl aud 1857
the official returns show an increase in exports OF
So IN 437. and S23G0029. compared with the e1-
ports Of the year 1870 and TO this extent will confess
nysef technically IN aud mistaken, and as willing
10 take any oasgation that my ProecOnis critics may
see 70 incl But the other hand. "a TO the real
point issue and the only one which is of any mpor
Damelyls domestic cotton MANUFACTURING Industry,
measur red by iis ability 10 compete WIN foreign Gem
petitive producesin foreign marke'stlauNey stronger
weaker than II was twenty or twenty Two years ago
arn mistaken ~ my posiioh tet Us see sUo9t o ooo
10 population and have more than doubled our Ma,
tional wealth; and yet with aeariy hall cent pound
advantage over all competitive naiOns ID the piIee OF
the material, with no material dibee nce IN the
wages OF our csten operatives rs compared WIN tn9se
OF Great Britain with Improved machinery, geaty -
creased facilities for transportation. and wih eight nun
dred millions OF the worlds population sui Clothed in
cotton laoortousy aud painfully Manufactured ON hand
machinery, have during this same period only IN.
OF lees three millions OF yards or III other words
the markets Of all the world for the product OF one OF our
great natural and staple Industries nave not been OF as
much 70 In the aggregate as have been dur
ing that time the annual and aggregate de-
our third-Tate cities or eountirs on the other hand
while porting for sale Ia foreign countries during The
year 1882 American manu- sctured cottons 10 the value
OF 019, imported uader duties ranging from
81 10 rs per cenO for home consumption the products OF
foreign cotton manufactures to The extent OF
S34 1851. 292, compared viii. an import valuation OF
similar products in 1860 Of 1872 $4,000.
Note next pray the progress made by the cotton
Tnanufacturng industry OF Great Britain during the
period OF years from 1860 to $50 inclusive decrease IN
the number OF yards Of piece goods aoue exported and
sold in foreign countries, l7i9426513 increase IN cot
ton yarns exported. 5s,20l.l45 pounds increase In
Of piece goods and yarns exported Sll77bs3sO
With this exhibit ! content 20 rest the case, aud
leave t 10 tue public decide which Of two positions Is
more accordance with the truth, namely that occu-
pied by Mr. Sbeard and the PrOteetonists which Is mat
the history and progress Of the cotton manufacturing
Industry In the Onited States during the last twenty
wears hes been wholly satisfactory ana IN full Jnshca-
ton OF protective policy; whether as the enos
OF commercial freedom maintain that same policy Is
proved by liza results in respect TO the Industry unaer
70 been unsatisfactory repressiVe
and frou National point Ofview, IN the highestdegree
Illuminating am yours most respectfully,
DAVID A WELLS.
Eorsceh. Conn, June IL, 1888.
mr. Wells Is careful con fine himself closely TO cot
ton exports For broader Wow of the question md
realization of tho eject which American factories
have actually produced upon tho cotton trade Of