FREE BOOKS

Author's List




PREV.   NEXT  
|<   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116  
117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   >>   >|  
mote cotton culture in her own possessions between that and 1859. The results will be startling. Few anti-slavery men in the United States expected that Great Britain would so soon be engaged zealously in establishing slave labor in Africa, or that Lord Palmerston should publicly commend the measure. The question is one of so much importance as to demand a full examination. The extracts are taken, mainly, from the _London Economist_, a periodical having the highest reputation for candor and fair dealing. On Feb. 12, 1859, the _Economist_ said: "We are not surprised that the future supply of cotton should have engaged the attention of Parliament on an early night of the Session. It is a question the importance of which can not well be overrated, if we refer only to the commercial interests which it involves, or to the social comfort or happiness of the millions who are now dependent upon it for their support. But it has an aspect far loftier and even more important. At its root lies the ultimate success of a policy for which England has made great struggles and great sacrifices--the maintaining of existing treaties, and perhaps the peace of the world. Every year as it passes, proves more and more that the question of slavery, and even of the slave trade, is destined to be materially affected, if not ultimately governed, by considerations arising out of the cultivation of this plant. It is impossible to observe the tendency of public opinion throughout America, not even excepting the Free States, with relation to the slave trade, without feeling conscious that it is drifting into indifference, and even laxity. In every light, then, in which this great subject can be viewed, it is one which well deserves the careful attention equally of the philanthropist and the statesman. "It has been said, that in the case of cotton we have found an exception to the great commercial principle of supply and demand. Is this so? We doubt it. We doubt if, on the contrary, we shall not find, upon investigation, that it presents one of the strongest examples of the struggle of that principle to maintain its conclusions. No doubt the conditions of its production have made that struggle a severe one; but, nevertheless, it has not been altogether unsuccessful. Eighteen years ago, (in 1840) the total supply of cotton imported into this country was 592,488,000 lbs.: with temporary fluctuations, it had steadily grown until it had reached, in the
PREV.   NEXT  
|<   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116  
117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   >>   >|  



Top keywords:

cotton

 

question

 

supply

 
struggle
 

demand

 

attention

 

commercial

 
principle
 

Economist

 

States


engaged

 

slavery

 
importance
 

proves

 

cultivation

 
ultimately
 

materially

 

considerations

 

arising

 

governed


laxity
 

relation

 
America
 

excepting

 

destined

 

opinion

 

feeling

 

observe

 
indifference
 

affected


tendency
 

public

 

conscious

 

drifting

 
impossible
 

exception

 

imported

 

Eighteen

 
altogether
 

unsuccessful


country

 

steadily

 

reached

 

fluctuations

 
temporary
 

severe

 

production

 

passes

 
statesman
 

philanthropist