Show times othe uit cit j effect eff act of 0 f secession n in n england en g lani iani land the american revolution is advancing with rapid strides to a consummation within a week or two we may expect to hear bear of civil sar var between the states of the great republic anxious as aa wo we feel to escape such a conclusion we do not see how it is to ie be evaded the north is no longer disposed to make concessions ces ean jf the south would listen to compromise and although we may allow for a certain amount of bluster on the side of the secessionists nobody doubts that americans are ready to fight I 1 we look upon this prospect with unaffected horror independently of our national sympathies pa thies we have eno enormous rinous interests at stake stade such interests indeed that our out charity must must begin at home we deplore the political catastrophe but our first thoughts must feces barlly be given to its commercial effects if the southern states of the union are convulsed by war a servile insurrection will be only too pr probable an incident of the strife if the slaves re rebel b ea the cotton crop perishes and with the failure of the cotton rop elop comes the paralysis of bur own staple manufacture the question is so momentous that it cannot be too seriously 4 urged or too expeditiously entertained lancashire depends upon south calolina Cao olina and what south carolina is doing becomes terribly evident from each successive dispatch the telegrams of saturday last were were the most ominous yet received and if we compare with those reports an article from a weekly contemporary which we yesterday transcribed the perils actually ahead of us will be distinctly appreciated we vye gave insertion all the more willingly to the remarks of the Econ economist omitt because they were designed to mitigate alarm they professed to give the facts and figures of the case without exaggeration and to inform the pub ij exactly of what might be expected if the worst came to the worst such being the spirit of the article it may be fairly assumed that at least all the consequences anticipated would really occur in the event of an american war and what those consequences would bp be we ve can now briefly explain the e number of people actually dependent on our cotton manufacturers for their daliy daily bread is estimated at nearly that is to say aay of about one sixth of the entire population of great britain the extent to which our export tr trade ide depends on n the same branches of ind industry u giry is expressed b bythe by 0 the fact that cotton goods go constituted mor ethan one third of the aggregate 0 exports of 1859 finally the degree in in which we have hitherto depended f for or the material of all this trade on the southern states of the union appears irom from the statement that upon an average of the last four years america sent us seventy seven p percent er cent of all the cotton IT we e consumed that much is admitted and abd the deduction Is 19 at once once so ob lous ilous i and so alarming that we do riot not see how it could be exaggerated I 1 our contemporary however has some crumbs of consolation nortis therease there Ther eare are m many bany co countries entries which produce cotton and when the american supply falls short of our bauts as it has occasion aly done the exports from oth er quarters increase for instance fourbears four years ago tal tai th crops of the united states tate bate proved de fi focient cieni and the consequence was was that other countries and especially india sent us an amount making a respectable approximation to the whole american yield from the slave states we got bales while from their sources we actually obtained almost of ol which india contributed nearly two thirds assuming therefore that our yearly consumption may be reckoned at dales bales it would not be extravagant to suppose that the miscellaneous sources of supply might be made under tho jho extraordinary pressure which would ensue to furnish us with or in other words with half the amount required here then we seethe see the tha extreme effect which might be e produced by the suspension of cotton production in the slave states of the union and the absolute interruption of supplies from that quarter all our mills would have to work half time that it does not follow as a matter of necessity that all our work workpeople people would earn only half wages maybe may be perfectly true it ia also aiso true that the consequences would be probably mitigated by economy of consumption and various other incidents of the crisis while it I 1 is certain thab thal the dearth of material would b be only temporary and that the irresistible stimulus applied to cotton production in other quarters of the globe would soon stock our markets as abundantly as before all this ma may y be true and it may moreover be admit ted that the utter destruction of af the american crop is too extreme a case to be fairly supposed in the worst of events we should get something we 4 are certainly not inclined to depreciate these arguments I 1 we prefer on the contrary to give them their full weight and to assume that the worst contingency conceivable amounts simply to this that for a certain period probably a brief one all our cotton mills would be compelled to work half time we vve take that as the result to be anticipated according to reasonable and temperate calculation and we ask whether any mar man in the kingdom can contemplate it without terror look lobil at the results of a months frost more old fashioned christmas weather the thein interruption ter of a few minor trades for a few 11 winter v inter da days s has pauperized the metropolis and driven half hait our authorities to become relieving in officers for the time look at coventry with a total population rich and poor tog of less than disturbed by the decay aethea trade the charity of the whole ilg higdom Jig dom lavishly bestowed has just sufficed ifo greep keep the sufferers from starving till spring or fashion shall bring relief take take tale these examples anti antl apply appl the deduction to the cotton manufacture instead of a few thousands imagine people in trepidation trepidation and distress what subscriptions v what at societies what poor rates what police courts could I 1 meet such a case as that where could the relief come from recollect that while so I 1 much national industry would be paralyzed I 1 so much national wealth would ie be also lost we shw should ouid be doinik one third less trade and i who can tell how far the mere panic incidental to such an unprecedented crisis might not aggravate the realities of the peril there is not an hour to be lost in providing against this tremendous danger to put the case in the mildest form three fourths of our cotton supply has become uncertain one third i of our trade is in jeopardy and the earnings of one sixth of our population may be rendered precarious are not these facts elou enough h to set us at antwork work with awill a will nota not a doutt doubt exists about the resources at our command cotton can be grown almost as commonly as wheat the b best e st seeds and the best staples are now well understood and the proper methods of cleaning and packing can be easily taught the the work of a year or two since the publication of our last remarks on this subject we have received a communication from one of the societies interested in african civilizations informing us that the progress of cotton cultivation at as actually and authentically recorded is such as to match the begin beginnings beginning nin s of even american enterprise in 1850 tet that obscure though productive region sent about half a bale of cotton to en england land in 1835 1833 this medium had been increased about forty fold and in 1860 it actually amounted to 2000 bales we lve ate are assured that the district could easily grow cotton enough for the consumption of all lancashire and we are asked whether the introduction of skilled negroes from the united stats states would not soon give us a new charleston on t the african coast Fro from mIndia mindla india the offers are the same if in 1857 india could send us as she ild iid lid did bal esit is fair enough to presume that under the pressure and with the encouragement of a strong demand she could raise her supplies to bales nearly half of our immediate wants then again agaid there is australia ithan actu actually a 11 y inquiring 1 inquiring 1 1 for a staple articie article of produce and desirous of nothing better than tobe to be set cotton growing browin for england we do not di disenable the particular diffin difficulty uit uli of the case we have repeatedly observed v etl elj and we acknowledge once more mote that america has got the call of the markel it is not that her er advantages might not be equalled equal led in the end by those of australia or india but at present resent she enjoys all those facilities of ifor organization and traffic which would have haie to ber bee created elsewhere the creation would be perfectly practicable but it has still to be accomplished complis hed and in the meantime there is the established oid old firm with its capital its connections lyda iyda 1160 ions lons and all ali that makes business profitable yet det undamaged nobody can say however that the security will last a month longer and besides that our national I 1 interests call imperatively im i ively for new s supplies u zelf eela ies les it is w worth orth reflecting that if ff i fhe the agriculture of the slave state should be ruined there will be a trade of a year to be picked up by some other countries |