31 JULY 1915, Page 2

We admit that all this would amount to a. distinction

without a difference. We mean in any case to stop the shipment of cotton to Germany, and whether .it be 'stopped under one name or under another the distress—ao far as there is any distress—suffered by the Southern cotton-growers would be the same. The pressure which the enormous cotton industry of the Democratic South can bring to bear on a Democratic President is indeed the crux of the situation. It may be that the British Government will find that a scheme, which they are said to be considering, of corn- pensatingthe.American cotton-growers by buying a proportion of their crop, over and above our normal purchases, is feasible. If this were thought possible and right it would, we need hardly say, be an'enormons satisfaction to Englishmen to feel that the scruples of the American Government for precedent and the grievances of the Southern cotton-planters had been satisfied.