216 



COTTON-WOOL. 



Bombay^ Stated all the particulars we are at 



6 March 1832. present enabled to communicate respecting the 

 qualities and value of the different specimens of 

 cotton per the Elizabeth and Earl of Eldon, we 

 have only to add, that we shall bring the latter 

 consignment to sale without delay, and if any new 

 point arise we shall acquaint you therewith. 



33. We now proceed to consider your request 

 to receive our instructions respecting future con- 

 signments of cotton to England. 



34. This question is of great importance. If 

 India can enter into a successful competition for 

 supplying the United Kingdom with a consider- 

 able portion of the raw material which constitutes 

 the basis of her principal manufacture, it will be 

 the means of bringing into cultivation wastes and 

 jungles at present paying no assessment; it will 

 afford additional and permanent employment for 

 the native population, create a medium of remit- 

 tance from your presidency in lieu of that which it 

 has lost by the cessation of the export to Europe 

 of Surat piece- goods, and will operate to transfer 

 to British ships and seamen a portion of the 

 carrying of cotton, now for the greater part enjoyed 

 by the shipping of other countries. 



35. The annual statements circulated amongst 

 the cotton-dealers in London, shew that the 

 quantiuy of cotton - wool imported into Great 

 Britain in the year 1831, exceeded that of any 



preceding 



