Letter to Karl Marx, beginning of September, 1862

Author(s) Friedrich Engels
Written September 1862


First published in MEGA, Abt. Ill, Bd. 3, Berlin, 1930
Published in English for the first time in Marx-Engels Collected Works, Volume 40


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