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The Daily Dispatch: February 9, 1861., [Electronic resource], Drowning cases. (search)
he Southern States supplied 2,880,000 bales. The total English consumption was 2,294,000, of which 1,907,000 was from the United States. Notwithstanding these large deliveries the stock on hand at the close of the year did not increase. The London Cotton-Supply Reporter states that upwards of half a million workers are now employed in the English Cotton Factories, and it is estimated that at least four million persons in the country are dependant on the cotton trade for subsistence. Lancashire which, a century ago, contained a population of only 300,000, now numbers 2,300,000, an increase which exceeds that of any other equal surface of the globe in the same time, and is entirely owing to the development of the cotton trade. Says the Reporter: "If a war should at any time break out between England and America, a general servile insurrection take place, or the cotton crop fall short in quantity, our mills would be stopped for want of cotton, employers would be ruined, and famine