Reducing the quantities of cotton-yarn imported into Russia into the
state of raw cotton, by an allowance of about three ounces in the pound,
or nearly seven pounds per pood, for waste in the operations of
spinning, we have the following approximate results:--
Annual imports, 1793-5. 1837-9.
Raw cotton, 69,700 poods. 1027,500 poods.
The ratio of increase from term to term being thus the greater part of
fifteenfold.
But as the cotton manufacture, from circumstances referred to of
favourable tariffs for importation--comparatively free-trade
tariffs--did not begin fairly to shoot forth until 1822, it will be only
right to try the question of comparative increase by another list,
namely, as between the returns of the consumption of cotton respectively
in the two countries for that year, and one of the later years, 1839,
1840, or 1841; but say rather an average of the three. We are unable,
however, to strike a corresponding average three years forward from, but
inclusive of 1822, for want of the corresponding Russian official
returns for two of the years. On the other hand, to take the one year of
1839, when the quantity of cotton taken for consumption in this country
was at a low ebb, would be like straining for an effect, which the
impartial seeker after truth can have no object in doing, whilst the
return for 1840 would be as much in excess the other way. Thus the total
quantities of raw cotton taken for consumption in Great Britain were--
For the year 1822, 144,180,000 lbs.
Average of the three years 1839, 1840, 1841, 440,146,000 ib.
The ratio of progression in Great Britain, for the term of eighteen
years, was somewhat more than threefold.
The imports of raw cotton, and of cotton-yarn, rendered into cotton by
an allowance in addition, at the rate of about three ounces per lb. for
waste, or nearly seven pounds per pood, stand thus for Russia in round
numbers:--
For the year 1822, in the shape of raw cotton, 55,838 poods.
... ... Cotton yarn calculated into about 186,900
-------
Total cotton, 242,738
Average raw cotton imports of 1839-40-41 355,673
Id. of cotton yarn calculated into cotton, 643,300
-------
Total cotton, 998,973
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