Year: 1867

The three companies first named deal in coal that
IL, they mine coal, buy coal from coeFy operators,
carry il to market and sell it for account of the
poTatiOn The fifth in the list is miner Of coal on
its own lands, and is common Garner for others.
The fourth and sixth are carriers, pure and
simple, their income being derived wholly from tolls
and transportation charges.


Instead Of taxing cotton. it is claimed by the
editor of The Memphis Price Current that this staple
should have protection. The writer says:


An increasc-large substantial and permauent-o the
production OF cotton would enure, il not greatly more
certainly much, to the advantage Of the Northwest
growing Of cotton in the South is sadly dsc0uragng at
present 10 those who have experience In Its cultivation
Late accounts OF an official character from India claim
that the cultivation OF the staple there Is on sound


basis and capital has entered oextenslvely into It, owing
10 the belief that 1t has been demonstrated by the exper
OF the year past that 10 be cultivated there with
profit at the low figures Of the anteAmercan war
period That n will continue 10 be- cultivated there TO
large and annually increasing extent For few years
TO come America has under the present depressed cond
ton OF It's culture and the unset ed aspect OF the labor
necessary for ia cheap production but one probable we
ray hut possible show to ensate the culture OF
inns great exporting staple ON basis sueenty sound
Ia compete with the new condition OF things that II To
encourage its growh by national aid II is undoubtedly


matter of national interest that product OF our soil 10
largely contributing cotton s in the past, and can
nrrn TO balancing our foreign inlports-giyng impetus
III uoing So 10 OnT gica. shipping interest," anu oIi!hR
generally all tho wheels Of should receive the
fostering Of Government and people. II "a


bounty was needed To foster the fishing business OF New
England and Incidentally our shipping interests when
tney lJDGushed, now lnicn more ~ u bOuhty
for into rests hundreds of fines greater and which,
IN Their extent rahiilcation influence ana effect are
widely national. The Northwest Is specially Interested
that the growing of cotton in the South should be
"A profitable industry Whenever IL s so In the South
IN the natural course Of things, IL becomes Mt once
great, the great consumer of the agricultural pro-
ducts OF the Northwest increasing under such influence
the of cotton planting. while at the same time TIE
OF cereals and other food products are largely de
creased. This wonld Dee The eject inurng directly TO
the OF the Northwest az tho expense. we Ne
lcvc however of section. We merely state our
opinion Of what results wound be under certain eondl-
lions that We think the actual needs Of the whole country
win soon .Orce 4 bounty stimulating the cutva'
fiu cotton the United State, and putting u again
In the Southern even lf not vantage ground,
with India would. by Iessenng tbe production OF grain
and provisions on large scale asis necessity In
the ouh once more open the West that great market
for IT, staple productions that so enriched IL IN the past
bu which nov the south forced supply from within
its.il view, tins cotton question WILL and that
iOnc uifo the great shipping interests OF the North
will the greater curra interests Of the West. Ia en-
force from nngr.s such legislation VIII again build
up the great sporting product oi tue country.