COTTON-WOOL. 



219 



India, provided it were equal to that per Elizabeth, ^^'"'^'^ 



* A A Bombay, 



or to the parcel of seventeen bales furnished by g March 1832 

 Mr. Pelly per Earl of Eldon^ both of which are of 

 native seed cleaned in the manner of that country, 

 but with much care. 



43. There is, hov/ever, another difficulty to be 

 surmounted, or the important object under consi- 

 deration cannot be attained, namely, a reduction 

 of the high price at which your cotton is invoiced. 



44. In forming any prospective calculation, it 

 would be unsafe to assume the obtaining a higher 

 price at our sales for a large importation of Indian 

 cotton, although it were of improved quality, than 

 five-pence per pound, but we believe that average 

 may be depended upon. 



45. If it be assumed that cotton shall be im- 

 ported from Bombay at a freight of £9 per ton,* 

 and that it produce five-pence per pound at the 

 sales, and if three per cent, for sea insurance be 

 added to the invoice cost, and two per cent, for 

 charges in England deducted from the sale amount, 

 the cost and charges on board ship at Bombay, to 

 effect a remittance to London of one shilling and 

 ten-pence per rupee, must not exceed one hundred 

 and fifteen rupees per Surat Candy, exclusive of 

 sea insurance. 



46. We 



* Say a ton of one thousand tln^ee hundred and eighty pounds 

 of cotton packed in fifty feet. 



