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The Daily Dispatch: October 15, 1861., [Electronic resource], The cotton question in Europe and Asia. (search)
e cotton-growing provinces, we must agree as to the cheapest mode of transport, and then consider how that may soonest be rendered available. However valuable railways may be as channels for the rapid conveyance of goods from one place to another, they will never absorb one-tenth of the traffic which the cotton trade must create. At present their rates are too high. Cotton is carried on the East Indian line for 1½d. per ton per mile; on the Great Indian Peninsula line for 1¾d., and on the Madras line for 1¼.--But Mr. Baziey stated in the House of Commons that he hoped the railways would not charge more than one-third of a penny per ton per mile on cotton making its way to the seaboard. Whatever be the cost, however, at which the railways can carry cotton, it is evident that for long distances railway carriage is too expensive, and that some other mode of conveyance must be looked for. The present native mode of land carriage is out of the question. The only other mode of conveyanc