30 AGRICULTURAL ,\Xii COMMERCIAL 



proposed to place cotton goods in competition with them, 

 at 50 per cent, dearer than they have been. This, all 

 will admit, would be advantageous to the three former 

 articles, disadvantageous to the sale of the latter. 



Then, with regard to the second point, viz : production, 

 it may be asked, who are the growers of the cotton 

 plant, or who may become eventually planters of it ? 



There are the Southern States of America, ranks first 

 of all nations ; then comes the East Indies, Egypt and 

 Smyrna, Brazils, West India and Islands, China, Italy, 

 &c. Well, all these countries produce more or less cot- 

 ton, and export one-third as much as America ; and proba- 

 bly India produces twice the quantity that America does. 

 If cotton be kept at the present low price of eight cents, 

 the inducement for them to extend their cultivation can- 

 not be great, inasmuch as the price is all but ruinous 

 to the Southern States. 



The Southern States' produce last six years over the 

 former six years is as 2,049,000, 2,208,000, or increase 

 in six years of V 3 per cent, only, or yearly lal percent. 



The exports from the undermentioned places was in 



1848. 1849. 1850. 



East India, - Bales, 227,572 182.090 309,220 to L'pool only. 

 Egypt & Smyrna, 29,032 72,725 79,505 



Brazils, - - 100,244 163,149 171,322 

 Showing the increase of 1849 over 1848 on the above 



three places had been - - - - - 17per cent 

 1850 over 1849 34 



1850 over 1848 56 } 



This shows a steady and large increase. 

 If the produce of the Southern States be taken for the 

 same periods, viz. : 



