DOI Page / Citation link:
https://doi.org/10.11588/diglit.27741#0060
about 350 miles of railway opened with
another 300 under construction. And in
its report for 1861-62, the Chamber
again observes: "The extraordinary
changes in the circumstances of the
American cotton producing States in-
vests the subject with unusual interest ;
and all eyes are directed towards India,
in the expectation that it will be enabled
to take advantage of the opportunity
offered to her to break the monopoly
hitherto secured by America. Your
Committee regret extremely that there
appears little immediate prospects of any
great effort being made by India to
justify the expectations lavished upon
her. That India has not responded to
the world's invitation to rush into the
production of cotton, to the displacement
of other articles of primary necessity, is
to be found partly in the circumstance
that Indian cotton has hitherto been
regarded in Manchester as a mere
stop-gap to be availed of in times of
32
another 300 under construction. And in
its report for 1861-62, the Chamber
again observes: "The extraordinary
changes in the circumstances of the
American cotton producing States in-
vests the subject with unusual interest ;
and all eyes are directed towards India,
in the expectation that it will be enabled
to take advantage of the opportunity
offered to her to break the monopoly
hitherto secured by America. Your
Committee regret extremely that there
appears little immediate prospects of any
great effort being made by India to
justify the expectations lavished upon
her. That India has not responded to
the world's invitation to rush into the
production of cotton, to the displacement
of other articles of primary necessity, is
to be found partly in the circumstance
that Indian cotton has hitherto been
regarded in Manchester as a mere
stop-gap to be availed of in times of
32