Page:The cotton kingdom (Volume 2).djvu/281

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business have been made, of its present supply and its present demand have been made, which would compare in value with the commercial resources and advantages of position possessed to-day by any one of the Western cotton States?[1]

  1. Some one can render a service to civilization by publishing precisely what feudal rights, so called, were abolished in large parts of Germany and Hungary in 1848, and what results to the commerce of the districts affected the greater freedom and impulse to industry arising therefrom has had. If I am rightly informed, trade, in many cases, both export and import, has already much more than quadrupled in value, thousands of peasants now demanding numerous articles and being able to pay for them, which before only a few score or hundred proprietors were expected to buy