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The Daily Dispatch: December 28, 1861., [Electronic resource], article 5 (search)
or all ports of the world can we find an equivalent for the American cotton of which we are now deprived. As for the East Indies--the region from which the most sanguine expectations are now cherished — nothing but the grossest ignorance could havrchase it, cannot, on the most moderate computation, be accomplished in less than ten years. But even if enough of East India cotton could be instantly and cheaply procured, it would not enable the Lancashire mills to keep working. The reason is obvious. East India cotton is both coarser and shorter in fibre than the American. Now, in nineteen out of every twenty mills in this country, the machinery was constructed for the manufacture of the longer and finer fibered product of the American cotton. To adapt this machinery to the East India cotton would necessitate a complete revolution and reconstruction of our machinery. This indispensable alteration could not be effected in less time than twelve months, or at less cost than f