10*^ SHEEP HUSBANDRY IN THE SOUTH. 



LETTER IX. 



PROSPECTS OF THE WOOL MARKET— FUTURE DEMAND AND SUPPLY. 



The Imports and Exports of Trans-Atlantic Nations.. .Means of ascertaining their Compurative Prodne. 

 cion... Table of the Imports of England... Amount of Wool grown in the United Kingdom, Consuniptioa 

 Export, Facilities, including Soils and Climate, for its Cheap Production, and Prospect of its Increase or Dim' 

 inudon — Same of France — Same of Spain- Same of Italy — Same of Turkey in Europe— Same of Germany 

 including Prussia and Austria, with the exception of Hungary — Same of Hungary — Same of Russia — Same 

 of Asia Minor— Same of Persia— Same of Independent Tanary— Same of Afghanistan and Beloochistan— 

 Same of Thibet, Litile Bucharia, and the remainder of China — Same of the Cape of Good Hojie— Same of 

 Australia and Van Dieraen's Land... Conclusions in regard to Comparative Facilities, etc.. of above Na- 

 tions and the United States.. .The Nonhern States can compete with the most favored of them — and of 

 course the South can. to much gi-eater ad vantage... The South might safely embark in Wool-Growing, re- 

 lyins on the European Market alone ... Rapid Extension of that Market Past and Future... But the Ameri- 

 can Wool-Grower is not compelled to seek a Foreign Market. . .Our Production does not meet the Demand 

 of our own Manufactories... Table of the Imports of Wool into the United States... Table showing 

 whence we Import Wool... Letter from Samuel Lawrence, Esq., showing the increasing call for Man 



ufactories The Stability of existing ones — and their ability to compete with those of Foreign Countries.. 



Extent of our Consumption of Woolens above the Supply made by our Manufactories... Table of Imports 

 if Woolens. ..Probable Increase of our Manufactories.. . Reflections on the Taritf. . .Rapidly Increasing 

 Consumption of our Population — Amount Consumed per head. . -Table of Increase of our Population... 

 Future Increase. . .The Amount of Wool Necessary at various Future Periods. 



Dear Sir : Probably there are few men who now dream of any danger 

 !;o the wool-grower of the United States, in the Ziowe market, from trans- At 

 lantic competition. But there is another point of view, in which a glance 

 at the facilities of the eastern nations, for the production of this staple, may 

 not be uninteresting. Mai/ icenot undersell them tvith the raw material, in 

 their own markets ! He who carefully and intelligently examines all the 

 facts involveil in the solution of this question, will find, in spite of thf; vague 

 popular impressions which prevail on the subject, that so far at least as 

 :hose nations are concerned, which now produce the greatest amount ;)f 

 the wool which supplies the markets of the Old World, the United States 

 zan, if satisfied with equal profits, easily undersell them. 



As an importer of the raw and exporter of the manufactured article, 

 England occupies the first place. In these particulars, she probably ex- 

 ceeds, by fully one-half, all the other nations of the Old World. TrRriC'* 

 ranks next, and largely takes precedence of the remaining nations. Ho! 

 land, though shorn, by disastrous political revolutions, of much of V ^x an 

 cient importance in this class of manufactures, still maintains a tr?.ie ol 

 some magnitude. Several of the German and Prussian States export par- 

 ticular descriptions of woolens ; Italy sends out some light cloths ; and 

 Turkey the carpets of that name. A full exhibit of the exports of all the 

 wool-producing nations, would not, of course, lead us to an accurate knowl- 

 edge of the amount of their production — for there is no one which does 

 not manufacture the raw matyial to some extent. But with what knowl- 

 edore we can obtain of their manufactures, the former information would 

 enable us to ascertain, approximately at least, the amount of their produc- 

 ticn. This is all that is necessary for our present purpose, for we do not 

 now, in reality, so much seek their actual ^'s, \\\^w comparative production 



England, as I have before remarked, is fhe great importer and exporter 

 Her duties on imported wool are, as has bem seen,* exceedingly l<»w, and 

 Bho makes no discrimination in tnis particular, in relation to bottoms, oi 

 the places of export.t The vastness and variety of her dei iaiid give d 



• See Letter VIII. 



» With the exception f course of her own Colonies, from which it is exported free. 



