From the Haune rilke Chroniele.
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Dear Sir: Tbe subject of our cotton crop Is one of so univer- sal and profound an interest, within the region ofyour circula- tion, that any allusi)n to it is calculated [, affect many of your readers with a ueuralgic twitch. But there is no good reason why we should in misle ading others, deceive ourselves. Speculations therefore in regard to the state and prospect of the crop, may without impropriety, be commit- ted even to a public journal.- Nearly all the accounts we have seen of the prospect of our sta pie are of lugubrious cast And, truly, if we compare 1t with the overwhelming yields of our more fortunate eras, we may be said to be on the eve of a great misfortune. But we have too long been taught, or rather taught ourselves to regard g or 240O,000 of bales, as the stand ard of a fair season, and that anything s'lort of that amount is to be considered as a failure. It is time we should reduce our fig ures and be made to believe, that something like an approximation to the amount, consumed, Is the amount that should be produced. The calamities sustained by the cotton growers in "A, when the crop amounted to 2,350,000 bales, should admonish us, that after all great crop is little less than a great disaster. To that portion of our planters, which cultivates at a distance from navigation, a low price is deci- dedly worse than a short yield. So tar as we can judge the ap- preaching crop will be sufficient ly large. It Is still subject to too many influences to be right ly estimated, but from the pros pect in th.s neighborhooi, from reports from other sections, and from the belief generally preva- lent that much greater amount of land has been cultivated this year than usual, it appears to me unreasonable to set the num- Der of bales down at less than 100000. Add 10 that, the pro- bable amount of stocks on hand in this country and Europe, and we shall see the figures swell to abount 2,600, ,0O0. To meet this supply, we will put down the Continent of Europe at

 550,OO0

 Great Britain, 100000

 United states, 500,0O0