Letter to Karl Marx, beginning of September, 1862

From Marxists-en
Jump to navigation Jump to search


ENGELS TO MARX

IN LONDON

[Manchester, beginning of September 1862]

Dear Moor,

I am up to my eyes in the cotton racket, which has assumed colossal proportions[1]—those with courage are making a lot of money; but Ermen & Engels, alas, have no courage—it is putting me to a hell of a lot of work. I shall write to you as soon as I possibly can.

Your

F. E.

  1. Engels means the cotton crisis produced by the interruption in the supply of American cotton during the US Civil War (1861-65) as a result of the blockade of the southern ports by the Union's navy. The cotton shortage came on the eve of, and interlocked with, a production glut.—344, 347, 394, 413