Report from the Select Committee Appointed to Consider of the Means of Maintaining and Improving the Foreign Trade of the Country Volume 3 - Softcover
Synopsis
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1821 Excerpt: ...1817, was large and regularly increasing, and that its results, generally, were very beneficial to the importer?--I am not aware of the latter circumstance; the increase of imports in those years, I believe. Are you aware that since that period, the importation has also been very considerable; but that owing to the very extended cultivation of the United States, and in the Brazils, the supply to the market of this country has been carried to so great an extent, as to cause a great reduction of the price in this country, both of the cottons of those countries, and of India?--My answer went to the question about the Indian trade, and to a direct fact which is well known; that there is a great quantity of Indian cotton now on hand, and has been for a considerable time here unsaleable, and as I have understood, not to be sold now at the prime cost. Can you state to the Committee, what is considered a fair remunerating price to the grower of cotton in India, under ordinary peace freights and insurances?--I have seen calculations of that sort, but I cannot take upon myself to offer any Grant, thing to the Committee worthy of their notice, in point of accuracy; the rates of E?-land, and the fluctuations of the market, making it very difficult to state any standard April.) of that kind. 'Do you think that India will ever be able to supply Europe with cotton, in competition with the United States and the Brazils, upon equal terms of duty, in time of peace?--I would not wish to decide absolutely upon so very important a question; but I confess that it appears to me India would not be able. Are you apprehensive that the Americans may interfere with the cotton market in China, which is now supplied from British India?--I have heard that they cither have commenced, or a...
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