Publisher's Synopsis
Excerpt from A Paper Containing a Statement of Facts Relating to the Approaching Cotton Crisis: Richmond, Dec. 31, 1864
The annexed tables A, B, C, D, E, F, Cr and H, compiled chie?y from the Board of Trade returns, show the course of the British cotton trade for the last six years. The period begins at the cessation of the commercial panic of 1857 - When overproduction commenced - and ends with the close of last year: thus furnishing, at a glance, the history of the cotton imports, exports, stocks, manufactures and sales for home consumption in England, Wales, Scotland and Ireland, for the three seasons anterior, and the three seasons subsequent to the secession of the Southern States from the Federal Union and, like wise, exhibiting the increase in the stocks of cotton and cotton goods during the first division, and the decrease during the second division of that time. In analyzing the tables, reference will be made to the present position of the cotton trade.
The largest importations of raw cotton into England took place in 1860, when pounds were imported, at a cost of and the smallest receipts were in 1862, when but pounds were imported, valued at The quantity in 1861 was pounds. Worth and in 1863 it was pounds, worth -53.
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