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It is possible, we will not say probable, that our present difficulties may result to the advantage both of England and America: to England, by giving her a real hold upon India as the source of her cotton-supply, and to America by making the North the best customer for the staple of the South.
In Cuba, the Chinese emigrants do not receive so much even as one-third of this." The dynasty of Cotton is based on the monopoly of the cotton-culture in the Cotton States of the Union; its whole policy is directed to the two ends of making the most of and retaining that monopoly; and economically it reduces everything to subserviency to the question of cotton-supply; thus Cotton is King.
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