The enquirer. [volume] (Richmond, Va.) 1804-1815, 1808-12-17

our produce. (Which / believe indispensable,
to them, from their markets altogether, OF
, increase the prices to an crorInous amount
and OF course. we may hope will furnish IRE
s'stibie inducements for ,elaxation of thei,
hostile orders and edicis.-.However, ma,
generally respect the mercantile information
OF the gentleman from Massachusetts, mr.
Lloyd and the condemnation Connecticut
(Mr. Hillhouse) they APPEAR to me on this
occasion. not to have been very correct. ]
| nave before me, two prizes current from
Liverpool, the one of the sth, the other Of
the goth September last. they, / presume.
were written under no political bias, favora-
bic to the United States. Iet us draw our
facts from them. l will bein with the arti
Gle OF the first necessity il Great-Britain,
and one which, at all timesexcites her high
est sensibility. She manftsts, at all times,
more anxiety about her con laws, than any
| other subject of her political economy. This
is necessary result from h. peculiar state
of her population.
Let US then inquire what is the present
state of bread stuffs in Great Britain. In
the Liverpool price current of the 9Th Sep
TENDER, find this information upon this sub
lect.-" Our grain market for the most part
OF the last month was very dull however,
wltnin TINS day or two there have been some
extensive sales made o. New-York wheat at
| lSs Sd per 7Olbs and the holders now demand
j IS Cd 14s Cd tor prime parcels, which may
possibly be obtained, as the appearances for
the harvest in most parts of this Kingdom
are not quite so favorable as was at first
thought, the late heavy rains having proved
injurious to many places, and the grain is
much lighter in the ear than former seasons !;
but as the dealers and country millers buy
only to supply their immediate wants, we
do not calculate upon material improve
ment on the annexed prices, unless some ex-
port vent to Spain or our West India colonies
takes placc-Good sweet American -four is
not to be had in this market"
In the price current of the goth, | find these
observations -" Large speculations have
lately been made in Tobacco. in consequence
OF our stock becoming limited but should
the embargo be raised, this and every other
description of your produce must very ma
teriaiiy decline in price, wheat and flour eX-
copied.
Our stocks of grain are but moderate,
although we have been much favored in our
harvest"
What reflection does this information ma
turaly present to the mind? That the crop
is limited-ihat bread stuifs are high, and
likely to be higher--that there is such def
cheney Of bread stuffs, that our whole supply
viii not depress the market, even in the e
vent OF raising the embargo and certainly
continuing it. (Which does not seem at all
calculated upon in England) would lessen the
quantity and raise proportionably the demand
and price.
The gentleman from Connecticut (Mr.
Hillhouse) tells US, we cannot starve Great
Britain, she being mistress of the trade of the
world, will supply herself with bread stufs
from other Quarters, and particularly from
Spanish America. / never heard it suggest
ed, except by the gentleman in the opposite
on, that we could starve Great Britain /; but
fHat through our produce, particularly our
bread stuffs, we could make a strong appeal
to her interests. This fact is demonstrated
to my mind. The Liverpool merchants diff
fer with the gentleman in his mercantile in
formation. They tell us hat our whole sup
ply OF bread stuffs will not depress their mar
ket 1t ready supply could be obtained
elsewhere, upon better terms, there would
be no need of ID supply from Bat waen
has it happened. that Spanish America could
afford this supply? So far from affolding
supply to Great Britain, it gets portion of
its own supply from us-The gentleman
tells us, that Spanish americans export great
quantities of hides and tallow. That is true
These, however. are not bread Stufs. 1t isnot
pretended that Great Britain is in want of
meat, but bread; bread is an essential of life,
meat is no substitute for bread-it could not
prevent even a famine. These documents
also go to shew the reason of the low price
of New-York flour, quoted blythe gentleman
from Massachusetts (Mr. Lloyd) It's be-
cause the flour was not sweet. 1t had been
so long kept, as to become souri, have no
doubt that the British cabinet is now look
ing at tins subject with great anxiety; and
particularly at our movements in relation
toit Again, sir, suppose G.. Britain should
be able to provision her islands, it would he at
SUCH all expensive rate, as to render them
very Improbable.
The next important article is cotton. Let
us see the prices current respecting that ar
tcle.
"The operations of our cotton market dur
ing the whole of last month have been i'm
meDse, while our total Imports are made
quate to half of the usual monthly consumD-
ton as the stocks of this article have be-
come Idore depressed, the SPECTATORS con.
tinue purchasing with increased spirit, and
III my of them have already realized consi-
derable profits we therefore quote an adj
vance OF all descriptions Of cotton from Id
to- ca per Id. above our last months rates,
which has principally occurred within the last
l0days; but we must beg leave to remark,
that such uncxampied advances are scarce
ly ever so well maintained as when thew
are gradually established, and some occur
rences may perhaps shortly take place to
put stop tofurther specuiations !; we are,
however, of opinion, that prices NAV vet be