Note 19 — THE DANGERS OF THE COUNTRY. NO. II.—OUR INTERNAL DANGERS.
Reading edition
"At present the native consumption of cotton in India is estimated at from 1,000,000,000 lb. to 3,000,000,000 lb. annually; while the export to Great Britain is only 60,000,000 lb., and to all the world only 150,000,000 lb. In this state of things, the rough production that suits the home market will, of course, only be carried on; while, if sufficient means of conveyance existed to render the cotton that is now grown in the interior, at 1¼d. per lb., remunerative for export, increased care in its preparation would be manifested, as was the case in the United States, just in proportion to the increased reward that would result. In developing these views, Mr Chapman undertakes to demonstrate, by well-arranged facts and tables, that the export of cotton from India to England has risen exactly as the difficulties or expense of its transmission have been diminished; and also that costs and impediments still remain which are sufficient to account for the smallness of the quantity we continue to receive."—Times, Jan. 1851.