Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1829-01-23

ever, have been the ssfferers; one. 70, .,:.,
sympathy was ever yet felt, the farmer ,h.sls
er, for which as little sympathy is a. odS,s
ly excited public revenue. n
gu, the economist. hold, that .pceuh,;...
the life Ut trade-that the gam Of al ,,,Sh
excep, corn growers, cannot be Too ere,, Ss
ever consumers may suffer. 1t is the m. a
Of thi. class, that the only trade who's. avg
ough. TO be brought as low as possibI. i, rva
Of the landlord and farmer; whilst the d.,.'s&
foreign corn, the merchant, the John, !.
factor, & all the mongrel tribe which in,.,, w
between the corn grower and The con,um.. E
we except the miller, whose profits a, !, ~,
nufacturer are always kept to the just l.r.n W.
are lef, to enhance the price on the co,,r..
By every ar, and contrivance.
We do no, mean to express any regret l.,
the port. have been opened. The har,e. "t
deficient, and supplies must be had from a." w
quarter. We had rather have wished th,, "a
extended produc: Of our own country had .s' '
piled the deficiency, rs We are most crr,,,
would have done, If due encouragement t,S
been given TO domestic agriculture. Blu, H.
opening OF the ports mus, teach an inpo,"'
lesson 10 Government. II shows in a v,".
light, the necessary frauds OF The averas, -
warehouseing system. The averages pItn..
10 be struck upon actual sales; the law d.
no, compel, and cannot compel, actual bonn 81
delivery upon those sales, particularly Of va.
housed corn. The sale is often nominal ,r,,,
fer, without any real delivery; a sale 70, "A,
purposes Of speculation, and not for actual n"
sumption: Ii may not even be a sale Oh IN,
culaliOn, but mere contrivarce 10 raise lh,,
verage; and this may be contrivrd even il ,cu.
al delivery shosld apparently take place /.
the great markets, the corn may be, and ofn
has been, sold, and thus entered into the Az,
ages ten times, under diaeren names, befor.
passes 10 the consumer. No regulation, ca
proven, this. Requiring actual delivery BY d,
strongest provisions would not proven, it. n
might be actually delived by one speculalor
another several times over, with or wi,hoa
bona fde sale, before it might Come TO the hand,
Of the consumer, This now takes plse. TO
great extent IN home grown corn, in its pg
sage from the grower 10 the market.
Thus, for the supply Of any Of; our srG
manufacturing towns; corn dealer purehvs
Of the farmer on credit by bill; and then sehr
the frs. sage Of the transit to the destined ma.
Ike, a, an advanced price, to another corn d,i
er, on similar credit. The corn, travelling II.
second stage, a, an advanced price. 10 a ihh,
corn.dealer all on credit; and il may pass 10 /.
same way to q third stage, and be sold 10 Tiki
manner, and sent by the last purchaser to IL
market, where il may be finally sold 10 The so,
sumtr, or even then it may be sold two or TIM
times before it comes 10 the consumer TIE
difference between the price paid to the fs'mr
and the price for which it is sold to the svppss
ed consumer al the place Of final deslnalat
has been calculated, upon an average, 10 hG
least five shillngs upon quarter Of wheat
The actual consumer, indeed. pays still mott
for he pays also what is called the miller's pu!
H., but which is, in reality, the corn dralctt'
profit in grea, degree; for the greater part u
the mills in those districts which are dislrnr,
of considerable consumption, are in the hand
Of corn>dealers; and the price Of bread i, n
regulated by the real price of corn 10 any ma
ke,, but by the manGuvres Of corn>dealer,.
all.
Now, under such system which we hG
shortly sketched, who is likely to profit b, h
opening Of the ports! The consumer, we BE- |
lieve, very little; Government, as The ror
event shows, not at all; willis, the factor at
the iobber gain every thing