GirSEFF* DETINCENS
Quantity off Che raw cotton imported iu 1860 into Europe,
porteTěnZ amounted to 4 623 000 bales, and carne from the
Europe ia following countries: 1860
Bales Ratio to total
Countries Amount
United States. 3 775 000 0,81
East Indies. . 600 000 0,13
Egypt.... 115 000 0,02
Brazil.... 42 000 0.01
Other Countries 91 000 0,02
lt is uow severa! years silice the cotton question was raised. It was clearly seen that the United States mighl, in future, be no longer able to supply ali the raw cottou required. It was regarded as extremely imprudent to leave such a branch of trade almost entirely dependent on the suppliesfrom a single quarter; the difficulties, too, were foreseen which would flow from slavery, with the outbreak of the American civil war, which, suddenly arresting the course of the cotton exports, and occasioning one of the most tre-mendous crises which European manufaetnres have ever passed through, attracted more keenly the universal attention towards this most serious
matter. Actaal «tate toi
of the trade in Ttie consequences entailed by the American raw cotton war 0n European cotton manufacture are the following:
Bales
The American raw cotton imported into England during the first severi months of 1860 amounted to . . 1974 000 And during the same period of 1861 to 1 678 600 During the first seven months of this
year, 1862, it amounted only to . 10120 The total imports of raw cotton into