"1753. 'Some cotton' is mentioned among the exports of Carolina in 1753, and of Charleston in 1757. "1764. Eight (8) bags of cotton imported into Liverpool from the United States. "1770. Three (3) bales shipped to Liverpool from New York; ten (10) bales from Charleston; four (4) from Virginia and Maryland; and three (3) barrels from North Carolina. "1784. About fourteen (14) bales shipped to great Britain, of which eight (8) were seized as improperly entered. [See above.] "1785. Five (5) bags imported at Liverpool. "1786. Nine hundred (900) pounds imported into Liverpool. "1787. Sixteen thousand three hundred fifty (16,350) pounds imported into Liverpool. "1788. Fifty-eight thousand five hundred (58,500) pounds imported into Liverpool. "1789. One hundred twenty-seven thousand five hundred (127,500) pounds imported into Liverpool. "1790. Fourteen thousand (14,000) pounds imported into Liverpool. We can find no reason for this marked decline in the exports except it may be that the crop was a failure that year. Our first supposition was that the cause was one of price, but on examining the quotations in Took's work on 'high and low prices' we do not see any marked decline in the values of other descriptions of cotton, and the American staple is not given in his list until 1793. "1791. One hundred eighty-nine thousand five hundred (189,500) pounds imported into Liverpool, the price averaging here 26 cents. "1792. One hundred thirty-eight thousand three hundred twenty-eight (138,328) pounds imported into Liverpool."