The Cotton Crisis

The Cotton Crisis

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1857 edition. Excerpt: ... New Orleans, and equally as strong, and that it was erroneous to suppose that the introduction of the American varieties would be attended with any great benefit.' These sentiments, officially propounded by Mr. Mansfield, and backed by the American planters, who were then proceeding to Bombay, on their way to America, and were present at the Government sales above alluded to, completely answered the intended purpose, and, as we have seen, and at the cost of their Manchester employers, led several European merchants to bid higher for the native than the American Seed Cotton, ami all but extinguished the cultivation of the latter. In this state of things Mr. Shaw, having returned from the Cape of Good Hope, again resumed charge of his duties in the Southern Mahratta country. In 1849, however, Mr. Shaw became Revenue Commissioner, and again left that part of the district; and upwards of three years ago left India altogether. Whether his opinions and measures, or those of the American planters and their pupil, Mr. Mansfield, have proved correct, is a matter that may be left to the decision of the facts and events of the present day. "The Dharwar grown Cotton is and was always known in the Bombay market as 'Compta Cotton, ' taking its name from a small seaport on the Malabar coast, from which it is exported to the Presidency. For the last three years Dharwar American Seed Cotton has been regularly quoted in the Bombay prices current list, its cultivation has extended into Mysore and the Nizam's country, at present extends over some hundred thousand of acres, and the price of this Cotton in the Bombay market has been averaging 10 to 12 per cent. higher than the best Cotton grown in India, and 25 to 26 per cent. higher than any native-grown...
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Product details

  • Paperback | 26 pages
  • 189 x 246 x 1mm | 68g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236569962
  • 9781236569967