COTTON-WOOL. 



19 



rupees per candy, which may be considered as a ^^'^^^^^^'^^f^ 

 fair average price. Reform. 



During the first three years a bounty should be 

 granted on every candy brought clean and dry to 

 the nearest Commercial Residency. 



If on a trial of the seed of that cotton held in 

 greatest estimation, it is found, from circumstances 

 of a local nature, to degenerate, it should then be 

 ascertained what quantity of country cotton is ne- 

 cessary to the manufactures of each district ; and 

 if sufficient is not now produced, means, as before 

 stated, should be taken to increase the cultivation. 



No. 11. 



Extract Letter from the Court of Directors to 

 the Govejyior in Council at Bombay^ dated the 

 1th May 1800. 



In our instructions, 29th May 1799, we in- Letter 



to Bombay, 



formed you that any spare tonnage might be 7th May isoo. 

 filled with cotton-wool. Since then the prices are 

 much abated : the quantity sold on the 21st April 

 1800 produced only fifteen-pence per pound. 

 We trust, therefore, to your exertions for procur- 

 ing tonnage for our returning shipping without the 

 aid of this article ; but in the event of your not 

 being able to eff*ect this, we would rather have 

 them filled up with cotton than sent away dead- 

 freighted. 



c 2 No. 



