COLTIVAZIONE DFf. COTONE 166
cottoli goods manufactured in England, about onebal f is exported, and the other half consumed withi n the country.
Now, if vvo bear io uiiud (hai the annual produce of the agriculture of the United Kingdom does not exceed Lst. 200 000 000, and that France (locs not derive from its territory a greater produce, wc shall perceive tbe importance possessed by a brandi of industry which, in one country alone, represents almost tbe half of the value of ali the production*, whether of English or of Frencb agricolture.
The ratio between the value of the raw cotton and the value of the manufactured articles obtained from the same, may be taken, on the average, as one to tbree, without taking into account, of course, the exceptional prices of the present tinie. Thus, ot' tbe 90 millions of pounds sterling of cotton manufacture» in 1859, 30 millions represeut the value of the raw material, and 60 millions tbe interest of capital, wages, and profěts, wheuce may be seen the immense wealth accruing to the English nation from this brandi of trade.
And bere it may be incidentally remarked that we must not believe that the English pos-sess, so to speak, the monopoly of the cottoli manufacture in consequence of their coal, as by many persons is imagiued. Fuel is, certainly, the soni of ali kinds of manufacture; but there is another thing from which al commerce is derived, and which takes precedence ot fuel itself we refer to national energy; and this is a truth which can never be too strongly impressed on a nation in the condition in which Italy at present fěnds herself. Nor will it, perhaps, be idle to remarla that by means of water-power the cotton manufacture made immense progress in England: