139 
her American purchases, while those of India, China, Turkey, Mexico, and 
other countries have been diminished, with a diminution of the total importation : 
Cotton, raw, from— 13866. 1867. 
Cuts. Cuts 
WinrienhSiiagice tec a tee SES ee ee ee eel See 4,643, 370 4,715,733 
TRIAS 520i Oi 8 20 0 CCE ea Ra GG BEA 7,515 10, 623 
MWS S255 pete NEOs ae TEE eR ab a eee 3, 145 22 
Baer peter Seas etre «oo ney acne ome ane ae jotta 611, 808 628, 761 
TEV iam aren Sass wie ao oS = od woe st en acme Mat ~ nian mace (25 92, 996 57, 024 
TI SPF ii EN Ea a en Ps i © 7D VA 1,055, 900 1, 127,541 
ES) 0d We COS age MR a Pa ath 3 a8 A Re 5,493, 770 4, 449, 259 
WIDE lomo na an no os ace Le eine eetoet Seca Soe ses 52, 120 4,707 
Miher, Connmiriesss ta Sh 2 l2 es. oe Sates eee eoe Kees ae 22 330, 249 278, 981 
pM OTB ee teres Algae a See et tae u/cote ac mia he de 12, 295, 803 11, 272, 651 
For the purpose of comparison, the following statement in pounds of British 
imports for 1850, 1860, and 1867, respectively, is appended : 
| 1850. 1860. “ | 1867. 
(Wiarted States ee ots. Son 493, 153,112 | 1,115, 890, 608 528, 162, 096 
LeonTiaill ot ida cn i lawl tk ed ai 30, 299, 982 17, 286, 8€4 70, 421, 232 
MICUIGerraNG AN se eee te ces Cee 18, 931, 414 444036,'6080) 0S Seo 
Ghee <t BRE Sk OOPS SR A ae oh eal ee oe Se eae OMT eps ioe Pare 6, 386, 688 
JERS Ss So SOS Aer OC OSE aes Be BStEbor be spcae al MBSE oe Spee ane 126, 284, 592 
British Hast Indies...--...-..25--- 118, 872, 742 204, 141, 168 498, 317, 008 
British West Indies .--..---..----. 228, 912 th OSONT 84s (25. Fe aera 
pihumasiand Bermudavec =. /os. 3 Ss. BS Pas eR be 1, 189,776 
Otherieountmies2) Sasso se sek 2, 090, 698 8, 5382, 720 31,775, 520 
ROLDIAER1S oye ais ri Sao 5's SES 663,576, 861 | +4, 390, 938, 752 1, 262, 536, 912 
Not only has this country regained its superiority in quantity, but in price 
the advantage is still more marked. In Liverpool, February 27, New Orleans 
middling commanded 9,°-d.; fair, 10}d.; Surat middling, fair, 73d.; fair to 
good fair, 84 to 82d. Madras middling, fair, 74d.; good fair, 74 to 8d. This 
shows a difference of from four to five cents per pound, or about twenty-five 
per cent., between the gross returns of Indian and American cottons. With this 
advantage, exemption from tax, and a self-sustaining system of agriculture in 
the south, in which cotton shall play only an incidental part, there is no reason 
why we cannot grow again five millions of bales, and manufacture it all, at 
no very distant day, for the supply of the markets of the world. 
The stock on hand of India, China, and Japan cotton, February 27, 1868, 
was as follows :° 
Year. Madras. | Bengal. China. ‘Total. 
divs. cod! Ae "4 48,602 | 18,456 52 | 76,974 
gcc. oe do... 32,499 | 14, 677 1,256 | 53,138 
Bee oy. : 52, 940 1, 864 271 | 60,548 
The quantity afloat at the same date was only 125,422 bales, against 179,135 
at the same date last year, a decrease of 53,713 bales, or thirty per cent. ‘This 
