COTTON-WOOL. 



165 



expected that their resources will be applied, by Mr. ^Tuckers 

 means of bounties and other encouragement, to 

 force their produce and manufactures into every 

 market of consumption ? They have already made 

 great progress in the establishment of different 

 manufactures and in the introduction of machinery, 

 and instead of importing largely, as they have 

 hitherto done, from this country, they already sup- 

 ply their own consumption with the coarser cotton 

 fabrics, and are likely from year to year to become 

 less dependent upon any foreign supply. Nor do 

 they confine their views to their own consumption. 

 With that confident spirit which peculiarly cha- 

 racterizes them, they are already casting abroad 

 and anticipating the hour when they shall sup- 

 plant us in every market of the commercial world. 

 They propose to meet us in China and in our own 

 colonies and dependencies ; and if, while they are 

 thus rapidly advancing, this country should make 

 no corresponding efforts to preserve her commercial 

 superiority, and to uphold her manufactures by ob- 

 taining the raw material of the best quality, and at 

 the lowest cost, who shall venture to say that their 

 most extravagant anticipations will not be realized? 



Adverting to the foregoing premises, which 

 must be regarded only as the brief exposition of a 

 question of deep interest, I would submit the foL 

 lowing propositions : — 



First. That it is become highly expedient, as a 

 national object, to encourage and promote in 



British 



