Note 25 — Chapter IX · MANUFACTURES.
Reading edition
The cultivation of cotton is a branch of agriculture of almost marvellous increase. Mr. Burke, a member of our congress, from South Carolina, in 1789, when speaking of southern agriculture, remarked that "cotton was likewise in contemplation." During the last quarter of the eighteenth century, when 7012 bags of the article were imported into Liverpool a perfect panic was produced by so unusual a supply, at present 150,000 bags may reach a single port without greatly affecting the price. In 1791 the whole United States produced only two millions of pounds, whilst in 1848, the Commissioner of Patents calculated the whole crop at 1,066,000,000 lbs.