Memoir of Abbott Lawrence

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I trust that I have presented facts to satisfy the cotton planter that his interests have been pro- moted by creating another market, and a larger one too, for the spinning of his staple. We actually consume (wear) more pounds of cotton in this country than are consumed in Great Britain, since more than two thirds of the quantity spun in that country is exported in the form of yarns and cloth. We work up more than France, and quite as much as 60, 000, 000 Germans. Our consuming ability of this,... and all other comforts of life, is beyond that of an equal number of persons of any other coun- try, and five times as great as that of Russia.
The factories alone of Massachusetts and a neighboring State spin annually 180, 000 bales of cotton.
We received one million of barrels of flour (more than the whole export of the United States to foreign countries) the last y^ar. The amount of products of States out of New England, taken by Massachusetts the last year, amounted to $ 10, 000, 000, in cotton, lead, wool, sugar, coal.


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