142 COTTON IN THE MADRAS PRESIDENCY. [3un. SEASON. 



CHAP realize from 3f d. to 4 \6L. per Ib. ; in more favourable states it 

 _, ! might fetch 5d or 5|d It is about the same quality as 300 

 bales of gin cleaned Cotton, which were sent home fromCoim- 

 batore in the beginning of 1847, when prices ranged unusually 

 high; and which on that occasion fetched 5|d. Six bales of 

 American Cotton purchased from Ryots, were sold at the same 

 time for 6|d. Whilst however Mr. Finnie's sample is the 

 same quality as the 300 bales of gin cleaned, it must be 

 borne in mind that gin cleaned Cotton has always sold 

 higher than churka cleaned; first, because it looks better 

 and is easier carded ; and secondly, because it is more free 

 from sand and other impurities, which add to the weight 

 but detract from the value. Mr. Finnie's sample however is 

 not a faithful onel The particles of trash have been sepa- 

 rated by the hand, and consequently the sample is more va- 

 luable than the mass from which it was taken, and which 

 could not be picked in the same manner excepting at a ruin- 

 ous charge. As regards Mr. Finnie's statement, that if the 

 Cotton could be sent to England via America, it would be 

 mistaken for American Cotton ; such a thing is impossible, 

 as the English Brokers would have detected it at once from 

 the shortness of the staple. Indeed the Native merchants 

 at Coimbatore had valued the Tinnevelly at 39 and 40 

 rupees, or 78s. and 80s., per candy ; whereas they would not 

 value the American Cotton at all, as it had not obtained 

 sufficient currency in the Indian markets for them to fix a 

 valuation. Again, the fact that six bales of Indian grown 

 American Cotton sold at Liverpool at Id. per Ib. higher 

 than a batch of first rate Indian Cotton, sufficiently esta- 

 blished the superiority of the American. 



199 Zcarge shipment of Churkaed Cotton contrary to 

 the orders of the Directors. With regard to Mr. Fin- 

 nie's request that he might be permitted to make large ship- 

 ments of the churka cleaned Tinnevelly Cotton, in order to 



