263 COTTON MANUFACTURE. consists of feeding-rollers made of wood and placed at a short distance Up to this stage the fibres of the cotton cross each other in every The cotton, in the form already described as a breaker lap, is led When cylinder-cards were first used, hand-cards were employed to The next operation is called drawing, and the machine by means of COTTON MANUFACTURE. again drawn out. These doubling and drawing processes are repeated very frequently, in order to correct every inequality in the thickness of [Drawing Rollers and Cans.] the cord or sliver; they are of the utmost importance, and if ill or [Roving Cans.] being so much reduced in thickness that it will not otherwise hold The important process of Spinning then comes for notice. The principle of Arkwright's original Spinning frame may be briefly described: There were two pairs of rollers; the first pair slowly revolving in contact; and the second pair, at a little distance, revolving with greater velocity. The lower roller of each pair was fluted longitudinally, and the upper one was covered with leather, by which means the two The cotton, when passed between the first pair of rollers, had the form would have a sufficient hold upon the cotton passed between them. of a thick but very soft cord, and was no further altered in its texture than by receiving a slight compression; but as the second pair of rollers moved with many times the velocity of the first, the cotton was drawn out many times smaller than when delivered from the first rollers. [Throstle spinning.] The yarn produced by its means received the name of water-twist, from the circumstance of the machinery being at first set in motion by water power. The Throstle frame is the same in principle as Arkwright's invention; but the movement of the parts is simplified, so that the speed of the machine is increased, and a greater number of spindles may be driven with an equal amount of power; it was introduced about the year 1810. The Mule-jenny, invented by Samuel Crompton, combines the essential principle of Arkwright's frame with the property of stretching possessed by Hargreave's jenny. By means of the mulejenny, the roving is first drawn and then stretched. The effect of this improvement is to make the yarn finer, and of a more uniform tenuity. When delivered by the rollers, the thread is thicker in some parts than in others; these thicker parts, not being so effectually twisted as the smaller parts, are softer and yield more readily to the stretching power of the mule; and by this means the twist becomes more equable throughout the yarn. Throstle-spinning is seldom employed for higher numbers than forty to fifty hanks to the pound, because smaller yarn would not have strength to bear the drag of the bobbin; but in mule-spinning no bobbin is used, and the yarn is wound or built upon the spindles without subjecting it to any strain. The spindles in this machine are regularly arranged on a carriage, which when put in motion recedes from the rollers with a velocity somewhat greater than that at which the reduced rovings are delivered from them; during this time the yarn is receiving its twist by the rapid revolving of the spindles; when the rollers are made to cease giving out the rovings, the mule-jenny still continues to recede, but with a slower motion, and its spindles to revolve; and thus the stretching is effected. The distance which the spindles recede from the rollers while both are in action is called a stretch; this is usually about fifty-four or fifty-six inches the space through which the mule moves greater than and during the giving out of the rollers, is called the gaining of the carriage; and the further space accomplished by the carriage after the rollers are stopped, is called the second stretch; during this latter part of their progress, the spindles are made to revolve much more rapidly than before, to save time. When the drawing, stretching, and twisting of the thread are thus accomplished, the mule disengages itself from the parts of the machine by which it has been driven, and then the attendant spinner returns the carriage to the rollers, again to perform its task. While returning to the roller, the thread which has been spun is wound or built on the spindle in a conical form, and is called a cop. The mule-jenny is a complex piece of mechanism, and requires to have all its parts very nicely fitted and adjusted. The Self-acting mule contrived by Mr. Roberts, and improved by later inventors, is a beautiful example of automatic mechanism. The car riage of this mule, after having drawn out and stretched and twisted the thread, is returned again to the rollers by mechanical means without the guidance or intervention of any intelligent agent, the only attendance required being that of children to join such threads as may have been accidentally broken in the stretching. This self-acting mule is even more complex in its arrangements than the original machine, and hence great doubts were entertained as to its successful working; but it has triumphed over all difficulties. Its advantages as regards economy, and rendering the manufacturer independent of a class of workmen who frequently proved refractory, are so great, as to have led to a general adoption of the machine. If the yarn spun with the mule-jenny be intended for use as weft in [Carriage of Self-acting Spinning Mule.] the factory where it is produced, the cops are at once applied to the | the yarn is reeled into hanks each 840 yards in length, for performing shuttle; but when intended for warp, and generally when exported, which operation a Self-acting reel has been contrived. This process is 267 COTTON MANUFACTURE. The diameter of the reel is 44 feet; when attended by young women. Each hank is separately tied it has performed 80 revolutions, a lay is formed measuring 120 yards, and seven of these lays make up a hank. round with a thread, and weighed to ascertain its fineness; the different sizes are then put by themselves, and separately packed in paper bundles of either five or ten pounds weight. Fine yarns are usually singed, in order to remove their loose downy fibres and to give them smoothness. This is accomplished by subjecting the thread to the action of a series of coal-gas flames, through or over which it is several times passed with a degree of quickness sufficient to prevent burning. Cotton thread, for sewing, is made by laying together two or more yarns of equal quality, and twisting them; for which purpose distinct machinery is employed. Previous to the doubling and twisting, the yarn is passed through a trough, containing a thin solution of starch; the twist is given in an opposite direction to that applied by the spinning machine, causing the thread to resemble in this respect organzine silk. Scarcely any operation in a cotton mill, we thus see, is carried for ward without the intervention of a machine, by which the work is done with greater precision, and also with greater celerity, and consequently greater economy. The packing of the hanks of yarn into bundles is the work of a bundle press, by means of which the hanks are pressed into a small compass, the power of the machine enabling females to exert sufficient strength for the purpose. Even here, however, steam power is sometimes employed. The degree in which the inventions that have here been noticed have reduced the expenses attending this branch of manufacture is great almost beyond belief. One pound of the yarn known as No. 100 was, in the year 1786, worth 388.; in 1791, it was 298. 9d.; in 1795, 198.; in 1799, 10s. 9d.; in 1807, 6s. 9d; in 1832, 28. 11d.; and in recent years it has been still lower. The average waste in spinning cotton is considered to be about 14 oz. per pound; it is very much higher in fine yarns than in coarse, and this is one reason for the increased price of the former. Mr. Ainsworth, an eminent Lancashire manufacturer, has recently pointed out the ratio which raw material bears to labour, in four varieties of textile manufacture, thus: For finished i lb. wool, for coarse cloth costs 18. 1 lb. flax for shirting costs 0s. 10d. + 1s. 6d. = 18. 0d. 1 lb, cotton for sheeting costs 0s. 6d. +0s. 6d. The mechanical inventions relating to the various processes of cotton manufacture, patented or otherwise, are, as has been already implied, numerous almost beyond belief. The records of the Patent Office, now placed in such admirable order under the superintendence of Mr. Bennett Woodcroft, show this conclusively. It is not possible to give the number of patents with accuracy, because some of them relate to wool and flax as well as to cotton; but it is pretty evident that the last named fibre occupies the prominent place. Down to the close of the year 1858 there had, since the commencement of the patent system, been 256 patents granted relating more or less to the cleaning, spinning, separating, scutching, and batting of fibrous materials; 82 containing provisions relating to the carding, combing, drawing, doubling, and roving of the materials thus prepared; and the enormous number of 1376 touching in a greater or less degree the processes and apparatus for spinning, twisting, and thread-making. It must not, as just stated, be understood that all these related to cottons; nor that there were 2457 separate patents relating to textile materials, seeing that some of the patents comprise within themselves the characteristics of all three lists, or of two out of the three; but it is quite certain that the patents relating strictly to the cotton manuAll these are irrespective of facture are many hundreds in number. weaving processes, which have been made the subjects of a distinct series of patents. As the weaving of cotton does not differ much in principle from that of linen, woollen, and silk, it will suffice to describe them all in one article. [WEAVING.] The statistics connected with the manufactured products of cotton-mills will come most suitably into the subjoined article [COTTON TRADE AND CONSUMPTION], as will likewise a brief notice of the cotton manufacture in foreign countries. It would not be right to close this article without a few lines descriptive of those important establishments, the cotton-mills of the north-those extraordinary centres of industry, which have stamped a character on the counties containing them. It is computed that, in 1859, if we draw a circle of thirty miles radius around Manchester, that circle will be found to contain more inhabitants than a circle of similar size having London in its centre. Liverpool, the great port for landing raw cotton and for shipping manufactured cotton goods, is just within the circle: Manchester, the cotton metropolis, is by the terms of the argument in the centre of the circle; while other parts of the area include the great towns of Preston, Chorley, Blackburn, Accrington, Clitheroe, Burnley, Haslingden, Bacup, Rawtenstall, Bolton, Bury, Middleton, Oldham, Ashton, Staleybridge, Dukinfield, Hyde, Glossop, Mottram, Stockport, &c.-all of which contain immense establishments for spinning, weaving, bleaching, or printing cotton; and there are so many similar establishments occupying the valleys Having, in COTTON And first, in relation to our own country, concerning which the The unprecedentedly rapid increase in the consumption of cotton in evailable sources of information are abundant and trustworthy. Great Britain, soon after the year 1786, resulted almost entirely from later dates, by those of Cartwright, Ratcliffe, and Roberts, already the inventions of Arkwright, Hargreaves, and Crompton, followed, at could not have competed successfully with the spinners and weavers of adverted to. Had it not been for these inventions, British artisans India. The Hindoos possess so much skill in this kind of work, and are content with so low a rate of wages, that their muslins and calicoes had not the latter been aided by machinery. Even when this difficulty would have continued to beat those of England out of the market, was overcome, the peculiar monopoly of the East India Company not until the present century had considerably advanced that British retarded the opening of a market for British manufactures. It was cotton goods found their way to India in any notable quantity. Another circumstance deserving remark is, that the English weavers were slow in arriving at an equality with the Hindoos in the durability and general excellence of the product; it was the cheapness of price, rather than the improvement of quality, which brought about the revolution in the trade. It will be convenient and instructive to trace the advance of this remarkable department of British commercial industry in successive epochs. Before 1800. The statistics of the trade during the last century are So far as they go, however, they not much to be relied upon; many of them were mere estimates rather than authenticated returns. may briefly be mentioned. In the year 1700 there were about 1,000,000 lbs. of cotton used in Great Britain, requiring the services of 25,000 persons to work it up-clearly indicating, by the large ratio of labour to material, a period of hand-spinning and hand-weaving. In 1720, the consumption was 2,200,000 lbs.; and in 1764, about 3,900,000. In 1775, before Arkwright's patent became established, the consumption was 4,800,000, which doubled by the year 1781. With 1786 began the new order of things. In the next following year the consumption was 23,000,000 lbs. ; to work up which there were 143 cotton factories, 550 mule-jennies, 50,000 mule-spindles, 20,070 handjennies, 1,600,000 jenny-spindles, and 60,000 operatives. In 1790, the consumption was nearly 31,000,000 lbs.; and in 1800 upwards of 51,000,000 lbs. Before the year 1775, only low numbers, or coarse yarn, could be spun, and in a quantity insufficient for the wants of the weavers; but the great inventions of Arkwright, Hargreaves, and Crompton enabled the spinners to overtake the weavers-until Cartwright invented power-loom weaving, when the balance turned the other way. About the year 1790 the British manufacturers began to look out for an increased supply of foreign cotton; they felt that they could work up the raw material more rapidly than it was at that time obtainable. The East Indies effected a little, but only a little, towards augmenting the supply. The United States made an energetic response to the appeal. Eli Whitney's newly invented cotton-gin enabled the planters to clean their cotton for the market with a rapidity greatly exceeding that of the previous process; and thus, with an increased demand and an increased power of supply, the United States cotton trade spread in the way already indicated. During the last ten years of the century, the price of United States cotton varied from about 1s. 3d. to 18. 6d. per lb. on an average of all the qualities. 1801 to 1810. The present century opened with every indication of a rapid extension of the cotton manufacture of Great Britain; and the result fully corresponded with the symptoms. The consumption was 54,000,000 lbs. in 1801, and 58,000,000 in 1806; a small portion was re-exported to other countries, in addition to the above, so that the total import was somewhat larger. The price of cotton gradually lowered; but the British manufacture had not yet extended to the degree which would leave any considerable surplus for exportation; nearly all the woven cotton goods were used at home. 1811 to 1820. The consumption rose from 90,000,000 lbs. to 150,000,000 lbs. per annum, during this period, after making allowance for a small re-export of raw cotton. Already had United States cotton attained such an ascendancy in the market, that towards the close of this decennial period, it constituted 53 per cent. of all the cotton used in Great Britain-the remainder being 31 per cent. from Brazil, 10 per cent. from the East Indies, and 6 per cent. from the West Indies. British manufacturers had by this time discovered the valuable fact, that, if the East India Company would afford trading facilities, India was quite willing to take in large quantities the produce of our looms. About 800,000 yards of British cotton goods were sent to India in 1814; in 1818 the quantity was 1,600,000 yards; and in 1820 no less than 9,000,000 yards. Altogether, it is supposed that, in 1820, our manufacturers found foreign purchasers for 248,000,000 yards of cotton piece-goods, and 23,000,000 lbs. of cotton-yarn, sold to be worked up in countries where they could weave more cheaply than spin. 1821 to 1830. There are conflicting accounts of the quantity of cotton used in Great Britain during these ten years. One authority sets down the quantity imported in 1821 at 157,000,000 lbs., and in 1830 at no less than 264,000,000 lbs.; in each year all except 5,000,000 or 6,000,000 lbs. were worked up in our own mills and workshops. Another authority gives higher figures. One cause of this discrepancy is, that many computers give their statistical entries in bales, and then guess at the probable number of pounds in an average bale of the period in question. The prices of cotton at Liverpool, during this decade, varied from 7d. to 12d. for average United States growths, 8d. to 15d. for Brazilian, and 5d. to 8d. for East Indian. It has been computed that in 1830 there were 223,000,000 lbs. of yarn and twist made in Great Britain, 64,000,000 lbs. of this quantity exported, and 442,000,000 yards of cotton piece goods exported-the value of these exports being about 19,000,000l. 1831 to 1840. We now arrive at a decennial period during which the workers in our cotton mills had become so numerous as to enlist the sympathies of the nation, in so far as regarded the unprotected or ill-protected women and children comprised among the number. What was the nature of the legislative interference, will be noticed under FACTORIES; a few particulars concerning actual numbers will suffice in the present case. The quantity of cotton imported increased with gigantic strides; it was 364,000,000 lbs. in 1835, and 592,000,000 lbs. in 1840. A steady increase took place at the same time in the quantity re-exported for manufacture in foreign countries; but this portion continued to bear a very small ratio to the whole weight. By the year 1840 the United States had acquired a greater ascendancy than at any former period in the supply of cotton to Great Britain; not only had their quota increased, but the increase had been more rapid than that in other countries. Of all the cotton purchased by Great Britain in that year, no less than 76 per cent. was from the United States-the other ratios being, 14 per cent. from the East Indies, 6 per cent. from Brazil, 24 per cent. from Egypt, and 14 per cent. from the West Indies and miscellaneous countries. There had been an advance of ratio in quantities in East Indian and Egyptian, and a decline in Brazilian and West Indian. Prices,, which in 1835, averaged 101d. for United States cotton, 141d. for Brazilian, and 74d. for East Indian, fell in 1840 to 6d., 94d., and 4d., respectively. This was a highly flourishing state of things for the manufacturers; they obtained cotton cheaply and abundantly; they had the command of the best machinery, and an ample supply of labour; and a long continuance of peace maintained a wide field of foreign trade open to them. It was estimated that 281,000,000 lbs. of cotton yarn and twist were spun in Great Britain in 1835, and 407,000,000 in 1840; of these large quantities, 83,000,000 and 118,000,000 lbs. respectively, were exported. The exports also included 558,000,000 yards of cotton piece goods in 1835, and 791,000,000 in 1840. Piece goods and yarn together, the values were supposed to be 22,000,000l. in 1835, and 25,000,000l. in 1840-though some computers have made these figures much higher. As to the amount of fixed capital invested, Mr. M'Culloch, Mr. Baines, and Mr. Kennedy, all endeavoured to make separate estimates about the year 1835; they proceeded on different bases, and their results were not in harmony; nevertheless, they did not depart very far from a medium estimate of 34,000,000l. Mr. Woodbury, an American authority, in comparing the cotton manufacturing operations of different countries for the year 1833, put down Great Britain at 9,500,000 spindles, and 1,500,000 persons directly or indirectly supported by the cotton manufacture. The last-named kind of estimate is one that must always be received with caution; for unless we know the limits which a computor assumes, we can never be sure of the meaning of his results. For instance, there are first the actual workers in the spinning and weaving mills; then there are the hand-loom weavers out of the mills; next come the bleachers, dressers, dyers, printers, and calenderers, who finish the woven goods for the market; another group comprises those who manufacture cotton into hosiery, lace, bobbin net, and various other articles; to these must (or may) be added the artisans employed in making the spinning and weaving machines and implements; and lastly, there are the wives and children or other dependents (themselves not engaged in earning money) of men employed in the abovenamed trades. Computers not only differ in the number of the groups which they include, but they do not always render it clear how far their estimates extend. In the instance of Mr. Woodbury, it is evident that he must have given a very wide extension to the meaning of the terms "supported by the cotton manufacture." The actual workers in cotton factories, in 1835, amounted to 220,134; and the number of power-looms in the mills was 109,626. The obtainable power of those looms, if all fully employed throughout the year upon a somewhat heavy class of goods, was estimated at 700,000,000 yards woven in a year; although the real produce was of course much below this. The number of hand-looms at that time could only be guessed at; it was roughly estimated from 200,000 to 250,000. It affords a curious illustration of the vastness of the manufacture, that the cotton weavers in that year used 650,000 bushels of flour, for the mere purpose of dressing the warp-threads before weaving. The factories were ascertained to be 1304 in number-that is, the spinning and weaving mills, in which the 220,134 operatives were engaged; the total number supported by the manufacture, in the wide acceptation above adverted to, was set down at 1,400,000, being less than Mr. Woodbury's estimate made two years before. The commissioners appointed to inquire into the circumstances connected with the employment of women and children in factories (preparatory to legislation on that subject), made a valuable analysis of the mode in which labour was distributed in the mills; from which the following table was prepared, showing the number employed and the wages earned in each department:Number of Net Monthly hands. earnings. The aggregate does not exactly correspond with the 220,134 for the year 1835; but the periods were perhaps not quite identical. Of the total number, 60,393 were men, 65,774 women, and the rest children. The average wages paid at that time to children and young persons, was from 28. 9d. per week for boys nine years of age, to 88. 2d. for young persons of eighteen; adult wages varied greatly, according to the degree of skill required in the several processes. The cotton yarns woven at that period varied in price between the wide limits of 18. per lb. (for No. 12 water-twist) to 278. per lb. (for No. 250 mule-twist). 1841 to 1850. The arrival of this period was marked by a notable manifestation of the influence possessed by the cotton manufacturers and merchants of England. The cotton interest' or 'Manchester interest" was now so great, that statesmen began to bend to it in a manner never before exhibited. The immense shipping arrangements at Liverpool, connected with the importation of cotton; the vast monetary dealings between the Liverpool merchants and the Manchester manufacturers; the expenditure of capital in beginning to cover Lancashire with a network of railways, mostly for the accommodation of this particular trade; the mills, the machines, the workpeople, employed in the trade-all had now advanced to such a degree of importance, as to render it impossible for statesmen to ignore the fact that a new power had arisen in the north, which must influence the legislation of the country. It was this power, more than any other which can be named, that brought about the systematic change of the import duties on foreign commodities, and especially on corn. The importation of cotton in 1845 was about 1,850,000 bales : equivalent, with the average weight of bales at that time, to about 722,000,000 of pounds; of which 43,000,000 were re-exported. Owing partly to a lessening of supply, and partly to the re-action after a period of excitement, the import of cotton in 1850 exhibited a falling off; it amounted to 1,750,000 bales, or 664,000,000 of pounds, of which 102,000,000 were re-exported. In reference to the total quantity of yarn and twist manufactured, the portion of this quantity which was exported to foreign countries, the length of woven piece goods exported, and the value of both kinds of exports, the two years in question exhibited the following figures:— The price of cotton fell in 1845 to a level never before known, and this was one cause of the large importation in that year. Average United States cotton was at 44d. per lb., Brazilian at 64d., and East Indian at 3d. This was a year for large profits among the Lancashire manufacturers; they had an abundance of cotton at a low price, and sent out their manufactured goods to all accessible quarters. The intense desire to gain admission to additional foreign markets, for the sale of English manufactured cottons, was one reason for the vigorous agitation which led soon afterwards to the revision of Customs' duties; on the ground that if foreign countries were permitted to send their raw produce nearly or quite duty free to England, they might the more readily admit English manufactured goods on fair and moderate terms into their own ports. By the year 1850, the price of cotton had risen considerably; the three kinds above named exhibiting averages of 74d., 8d., and 5d., respectively. Concerning the operatives by whom the cotton was worked up, there was an estimate in 1846 that the cotton mills of the United Kingdom employed 316,327 persons; of whom 134,091 were males, and 182,236 females. A more detailed estimate, applicable to the year 1850, gave the following figures: cotton mills, 1932; moving-power therein, 83,000 horse-power; spindles, 21,000,000; power-looms, 247,000; children employed in cotton-mills, 14,993; young persons and adults, 315,931; total mill-hands, 330,924; of whom 189,423 were females. 1851 to 1859.-We now come to those recent years in the history of the British cotton manufacture which have been marked by great agitation and uneasiness; owing mainly to the extraordinary way in which England is dependent on the United States for a supply of cotton, and to the alarming degree in which any diminution in this supply augments the price of the raw material. It has just been shown that, in the year 1850, the quantity of raw cotton imported was about 664,000,000 lbs. Without touching upon the intermediate years, we will at once proceed to the three most recent years concerning which returns are yet obtainable-1856, 1857, and 1858: Here we see that the Board of Trade returns introduce an additional complexity; we have not only to deal with bales and pounds of cotton, but in this instance with hundredweights. Without calculating the probable number of bales, it will suffice to convert these quantities into pounds, and then we find them to amount in round numbers to the following astounding totals: 1023,000,000 lbs. in 1856; 970,000,000 lbs. in 1857; 1034,000,000 lbs. in 1858. The relative falling off in East India cotton in 1858 may doubtless be attributed to the disturbance of industry and commerce occasioned by the mutiny. A portion of raw cotton, as we have before seen, is sold again by English dealers to foreign countries, chiefly in the north of Europe; this portion amounted, in the three years above-named, to about one-seventh of the total quantity imported. The ratios from different countries, in the first of these three years, were as follow: 71 per cent. of United States cotton, 19 per cent. of East Indian, 5 per cent. of Brazilian, 4 per cent. of Egyptian, and per cent. from miscellaneous sources. The next table relates to the exports of manufactured cottons, in 1858, in which it 612,215 5,335,998 32,006,715 9,573,320 1,387,549 42,967,584 East Indies Australia In 1856, the total amount had been 38,232,7417.; in 1857, it was 39,073,4207. It will be seen that, according to this remarkable table (excluding the entry " Other countries," which is made up of many small items), the largest customers for British cotton manufactured goods are the East Indies, the United States, Turkey, Brazil, and China; these take rather more than half of the whole quantity. Yarn, on the other hand, as the spun material for weaving, is exported most largely to those European countries in which weaving is carried on to a considerable extent; thus, the Hanse Towns and Holland alone purchased cotton yarn from England to the average annual value of about 4,000,000/ during the years 1856-7-8. It is necessary to remark, however, that the Hanse Towns (Hamburg, Lübeck, Bremen, &c.) are not in themselves cotton manufacturing towns to any great extent; they are simply the ports at which cotton is landed, for distribution in Prussia and North Germany. This will be a convenient plaee in which to advert to a source of confusion likely to lead to error, in comparing English and American cotton statistics. In England the commercial year ends on December 31; but in the United States the date August 31 is adopted-being that on which the total amount of the summer's crop is ascertained. The total crop for the twelve months ending August 31, 1859, was the largest on record, being more than 3,700,000 bales; and England, it is known, took a larger quantity than in any former period of equal extent, being more than 2,000,000 bales; but we cannot compare these numbers strictly with English estimates for 1857 and 1858, for the reasons just stated; and also because it is not certain that the bales present the same average weights as before. Concerning the mill-industry of recent years, we have two computations, one for 1851 and one for 1856. In 1851, the cotton-mills of the United Kingdom are said to have employed 470,317 persons; of whom 222,612 were males, and 247,705 females. In 1856, the following figures were exhibited: cotton-mills, 2210; moving power therein, 97,000 horse-power; spindles, 28,000,000; power looms, 299,000; children employed, 24,684; young persons and adults, 354,565; total mill-hands, 379,249, of whom 222,027 were females. It is supposed, although there are no means of accurately determining this point, that the total quantity of yarn spun in 1857 was about 740,000,000 lbs.; of which about 24 per cent. was exported in the state of yarn, and the remaining 76 yer cent. worked up in this country into woven and other goods. There are features connected with these statistical returns, coupled with those of the preceding decennial period, which have excited anxious attention among the Lancashire manufacturers. From 1841 to 1848 there was, at the end of each year, an average stock of cotton on hand, at Liverpool (almost the only port of landing: Glasgow being the next in rank), equal to more than half a year's consumption for the whole of the United Kingdom; but from 1849 to 1857, the stock in hand barely reached eighteen weeks' consumption; and in 1856, it was as low as twelve weeks'. In 1845, which was a golden year for manufacturers, after paying 10,000,000l. for raw cotton, they received 45,000,000l. for yarn and manufactured cotton goods; leaving 35,000,000l. for machinery, fuel, dyeing, bleaching, printing, wages, interest of capital, and profit. Twelve years afterwards a contrast was exhibited, very unsatisfactory to the manufacturers. In 1857, they paid the enormous sum of 26,000,000l. for raw cotton, not so much on account of the increase of quantity as the increase of price; the money obtained |