Brazil today and tomorrowJoyce, L. E. Elliott (Lilian Elwyn Elliott)
History
Brazil today and tomorrow
Joyce, L. E. Elliott (Lilian Elwyn Elliott)
Brazil; Brazil -- Economic conditions
The transference of the Portuguese monarchy to Brazil in 1808 changed
all these ideas—which helps to demonstrate the still burning need for
all rulers, of whatever denomination, to take a travelling course—and in
a few years cotton threads and cloths were freed from duties, the Prince
Regent sent a master-weaver at his own expense to set up _fabricas_ in
the interior, and by 1820 the industry was thriving. Cotton growing was
equally stimulated at this period by high prices in England; in 1818
that country was not only buying raw cotton, but cotton cloth, from
Brazil.
With the development of the south of the United States in cotton
production on a great scale a shadow fell over the Brazilian industry.
Unable to compete with the low prices at which North America offered her
bales in the early eighteen-forties the farmers of the southerly states
of Brazil checked their planting, and, coffee just then dawning upon
them as a commercial possibility, filled up the empty spaces in the
fields with the beans of _coffea arabica_. North Brazil, with its
special cottons of long staple, kept on producing these varieties for
home mills, steadily at work, and for European export; a new incentive
came with the Civil War of the United States when Confederate cotton
shipments were contraband and English spinners were at their wits’ end
for raw material, but prices sank with the declaration of peace.
Since the beginning of the present century Brazilian exports of, and
prices received for, national cotton have varied so remarkably that it
is worth while glancing at the statistics; almost the whole of the
export of this raw cotton, and of cotton seed, went to England. If in
addition to this export we reckon about fifty thousand tons as the
amount consumed by the factories of the country, the whole production of
Brazil can never have exceeded ninety thousand tons.
_Year_ _Tons_ _Value in Gold Milreis_
1902 32,137 10,701 contos (one conto equals 1000 milreis)
1903 28,235 11,766 „
1904 13,262 7,347 „
1905 24,081 10,291 „
1906 31,668 14,726 „
1907 38,036 15,418 „
1908 3,565 1,833 „
1909 9,968 5,261 „
1910 11,160 7,934 „
1911 14,647 8,714 „
1912 16,774 9,221 „
1913 37,423 20,513 „
1914 30,434 16,556 „
1915 5,223 2,551 „
Exports almost vanished, to 1000 tons, in 1916, not recovering fully
until 1920, when 25,000 tons were shipped.
Public-domain text, read in full here on John Shaqi.
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