STAPLES OF AND FOR AMERICA. 21 



BALES. 



West Indies, 75,087 



Brazils, 171,322 



Smyrna and Egypt, - 79,505 



America, - - 1,182,656 



East Indies, - 369,220 



Therefore, these countries export more than one-half 

 as much as America to England, and they export also to 

 other countries than England. And, as will be shown, 

 while America is nearly stationary for the last years, that 

 the above countries have gradually increased. 



15. The cultivation in America is in its senile years ; 

 in the above countries it is in its infancy that is, in some, 

 and in others in their lately renewed efforts ; and they, 

 taken together, are even now formidable rivals, and 

 America will have to struggle hard. But as far as 

 East India is concerned, it would not be the least sur 

 prising if she monopolized altogether the cotton markets 

 in a few years hence. That she can do so there is no 

 doubt; that she has not done so under the half-dozen 

 planters who the East India Company have taken out 

 there from Georgia, is no evidence to the contrary. The 

 cause of the failure is one to be accounted for ; the 

 planting in the East is below 20 degrees of N. latitude % 

 All Southerns know that it will not even do well low 

 down in Florida, and that the cultivation is northwards 

 of the 27 deg. to 36 deg. N. latitude. 



16. It is wished to keep up the price of cotton to 121 cts. 

 per Ib. There is only one way to do it, viz. to prevail 

 upon Egypt and Smyrna, Brazils and East India, to fall 

 back to that position they held in the cotton market in 

 1838 to agree amongst your own States to produce 



