1852.] DESPATCH OF THE COXTET OF DIEEOTOES. 1J93 



only be attained by affording full scope to private enterprise, and by 

 abstaining from all intervention on the part of Government. 



" 3. In our despatch of the 4th Jnly, 1848, we directed that the 

 purchases of American Cotton on the part of Government, should 

 not, at that time, be discontinued ; observing, however, ' We are 

 satisfied that no satisfactory and permanent extension of the cultiv- 

 ation of the American Cotton will be attained, until the persons 

 most interested in its production shall take the matter into their own 

 hands, by locating in the Districts competent Agents, empowered to 

 purchase from the cultivators such Cotton as may be produced of a 

 description suited to the wants of the manufactarers in this country.' 



" 4. We are of opinion that a sufficient period has elapsed since 

 the date of these igstruptions, for the course of proceeding indicated 

 in them to be adopted ; and that, ^ the inducements to engage in the 

 purchase of Indian-grown American Cotton for use in this country 

 are stUl insufficient, a further perseverance in our efforts to force the 

 cultivation, by means apart from the ordinary operations of com- 

 merce, can lead to no beneficial result. We accordingly think that 

 we may properly withdraw from the market as purchasers of Ameri- 

 can Cotton ; and we hereby convey to you our authority for 

 gradiuJly relinquishing all direct interference in the culture of Cot- 

 ton of that description, in the hope that it has now reached a point 

 where it may be safely left to private enterprise. 



"We are, &c., 



E. ELLICE, 

 J. OLIPHANT." 



