ABSTRACT

In 1801 the import of cotton wool into Britain was forty-two millions of pounds; and the estimated value of the cotton manufacture, fifteen millions sterling; such was the rapid increase of this trade to the end of the year 1801. Upwards of 30,000 tons of shipping, and 2,000 seamen, are employed in bringing the cotton wool to this country, and in exporting the goods manufactured from it. It becomes the duty of those immediately interested in the cotton business, as well as of every well-wisher to the landed property, and revenues of the Empire, to enquire what influence the act of Parliament passed last session, laying certain duties upon the importation of cotton wool into Great Britain, may have upon this most important source of our wealth, industry, and prosperity.