Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1828-11-18
E.,,on ~ VIZ Yark -.in..rican o

The crop OF wheat and corn in tn United States
has is supposed, been this year equal 10 an ave-
rage crop While those OF the north and west of Europe
have fallen considerably below average. The
knowledge of these two facts, and particularly of the
latter has induced great rise IN the price OF bread
stuis IN the United States and the husbandman is
orery where rejoicing iii the golden prospects held
ont TO him by this condition Of things The spirit of
speculation, too Is awake and much that is done nj
present IN the purchase OF these commodities Is done
rather IN anticipation of what sy be, than upon any
careful consideration of what is. Nothing Us vet An
Europe JuS;iles III Judgment the hnh prices now
existing here and hence would infer, that as u
bird in the hand IL, according the odd saving worth
two III the hush, may be- better fer the farmers who
yet can get their crops market to sell them at tina
present certainly advantageous rates than to keep
them back lii che expectation OF higher prices in the
SPRING Higher, doubtless, prices NAV then be: but
whether tho contingency OF s;.ch rise Is to be wer-
Ell against the certainty OF actual benefits which nv
ar once DC realized, submit 10 the consideration OF
those who are most directly interested in the aes
ton.
Something haas been said OF the opening of the B-i
fish poGts,-as though were Il measure about To be
adopted, under the pressure OF immediate wunt. This
is erroneous These ports are now always open 10
the importation OF foreign grain, subject n duty va
rylng with the prIce ascertained bv weekly ayerar
ever the kngdom) of the article IN the market. As
the price advances. the duty dimnses effect
when the price becomes excessive, to admi: of tho III
PRODUCTION OF foreign grain duty free This is re-
suit that possibly may happen. if the deficiency in or
rather the damage sustained harvesting, the En-
glisi crops, be not oyerrated. This is point upon
which il is always difficult obtain accurate niorma-
ton, or 10 form satisfactory opnions-for the stock
market Itself IN London Is no: subject To be in
tuenccd by combinations and artificial demands or
supplies than the corn mnrketand yet its prices re-
guiate very mech the averages according to which
Judgment must b iorints.
Tlr next arrivals from Europe Of late date will
IN relation TO tilS and other points connected with it,
afford much information. For it cannot be doubted
that the general peace ofEurope which has been for
So ui:'lslai nth Of time mistaken, is now rnenuc-
Oh with imminent dangers. The overshadowIDq Co.
oSss OF Rdsia once set in motion perplexes the ma
has tions-c most OF all that nation Great Britain the
heretofore a.terea itself with the idea OF being able
at pleasure to say to this and other powers. ''Thrs
fur shalt thou gO-and no further" Il NAV be that
the clouds now lowering the face of Europe NAV
dlsperse without bursting i'll storms and tempestS.
e, at any rate have plain path before usto keen
aoof from all participation in its affairs, and cultiyat-
ing with zeal and diligence the arts of peace to rest
satisfied with the fruits which they will surely produce
contentment aud independence