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Show HOPE FOR NEW ENGLAND. Her Colluu Inilaalr? la .Vit liijurri! lr Huulhcrn Coiiiiirtlllnu Spln- Jln of llir World. 'i'licre lm been much talk of rieent years of the Kruulnj: miiuufnMure nf the cotton lu the south, ami it iuk even been intimated that the increase in the number of sidudles In the mhiiIi win. n menace to the Industry In the north. Undoubtedly there wtih apprehension in Full HIut or theren bouts six or eight years ago, and Mime capitalist felt the cotton manufacturing' juop-erly juop-erly In New Hnf?laud wiib doomed. Such, howeier, wuk the fear of thu timid nnd easily scared, 'lhe cotton industry in-dustry in New England lsllkH to keep 011 growing-unit to leiiialu prosperous so loufr as the world dein.uuU such a treiuondoui iiinutitj of cottou elotli. Mauclieeter and the people uf Kiiglauil will feel the pinch of southern competition compe-tition long before Fall itlver nnd l'io-ideuce. l'io-ideuce. But uiuiueetloiiublj the south is to be conrutiilated 011 the urate start thut has lieeu iiuule lu what is in that section a new industry. There Hre 100,000.000 spindle, in tho world. Of these 17.570.1KW are in the Unhid State, and 3, JOO.iiOO ure iu the southern states. So we see that while in theeouutry 17V4 per cent, of the cotton cloth of the world is woven, Unit In the southern Mates 20 ht cent, of litis, is made. This is more than 11 begliiulug. It Is 11 brine achievement. But it Is silly uud timid to have fears for New KuglamL New Knglaud is thousands of miles nearer the cotton fields than old Kuclaud, uml old Kiitflujul last year made -IS per cent, of the cotltm cloth of the world, nnd in continental Kuioh' 111 1-3 per cent, was miide. Those are the fields upeiu which the southern industry will encroach, if it must encroach 011 any. But it islllie-!y islllie-!y that thu Increased coiisumptioii of cotton cloth will always keep-up with the Increase in the number of spindle. There is no fear hi the world -thut is, no reasonable fear that New Un'Innd will not be" utile to look ufter herself. John Gilmer Speed, in Alnslie's. .J 1 |