233
Cleveland Daily National Democrat
Nov 20 1860
Anticipating a secession, it is said, the English Cabinet have already empowered
their Consuls at Charleston and other Southern ports to enter into a Treaty
which will allow the South to send their cotton free of duty to England, while
English woolen and English cotton manufactured goods would be received free of
duty into the cotton States of the South. England would thus achieve the great
object of her ambition, to have a monopoly of the raw cotton, and thus to strike
a deadly blow at her great rival, the United States, and the result would be,
that the cotton factories of the North, their best markets cut off, the price of
the raw cotton advanced, would be crippled if not entirely used up, and England
have the monopoly of that great trade.