Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-09-28

WEDNESDAY, Sept n, r. M.
Accounts have reached from New Orleans the 18th
, by which appears that 22i0 barrels OF -four had reach
pert and caused immediate reduction in the price
bou, three weeks ago $l2 barrel 1t is from
150 s8-and further decline expected. We have as
he agreeable Intelligence from Indiana of similar reduction
that state At New Albany wheat down 62i cents
md at Coryden in the state 81 cents per bushe
the I'd Inst These facts confirm what have all along
aed TO the producveness of the and that when
brought MARKET inevitably reduction COM
nensurae with the unparalleled fruifunsss OF the SOIL fully
indemnify the farmer for his labor and completely defeat the
varcious projects of SPECTATORS whether engendefed in
banks otherwise.
We bespsak the attention oevery well wber his country
excellent letter of correspondent Hancock nsertes
another page, the and cotton markets Ills remarks
evidently the result of experience and Of an observant
mind Sanguine have always been as 10 the magnitude
of this crops estimate OF the aggregate produce in
of proceeding different data greatly
that Of our obsevant correspondent lie the
sumber Of barrels Of iour at 4e,00o,oo0
The consumption at 100000
Leaving for export, TO remain in barns, 5000
From this very gratifying view he nationally concludes that
before of January flour will be IS barrel by
April % 25 the price in Philadelphia in 1922 cacua
that -four would be about So by the
that the estimate
racting from views, than confirm them We shall
be perfectly satisfied if expectations realised Should
price Of flour be nuch lower than what anticipate this
Knight possibly produce reaction the part farmers
the cultivation of the SOIL unes they have rational
pect of being rewarded for their labor Hitherto, little any,
ofhe spoil extracted from the public by speculation has gone
their pockets Now, indeed is their time oharves-and
they play their cards aright they will find their interest
send their products direct Market without listening to the
Representations OF notorious cheats whose sole object
rich themselves, and those who employ them.
II adopt the estimate Of Hancock and value the barrel
-four S. this will give $l65 100000 the worth of the
present years after appropIiang sufficient meet he
of population. Put all other crops cotton
tobacco and rice together and their value falls infinitely
of this magnificent of national wealth Had ordinary
pains taken furnish information this subject
should have heard of those lamentations with which
been assaed for year back the
failure Of the crops should have found necessary
worst that imagine the United States d
yershed the soil and climate, will always produce sufficient
for her consumption and have something spare
only been by the serviy the cupdy and the ehnesc
newspapers that this truth has only been long
ceaed but their worthless columns postitued by giving
rency misrepresentation and asehoed the weapons spe
culator in order throw veil their deeds darkness
Thank God and independence dared penetrate
this veil and place far in their light Almost
every day brings facts conrmaory the
Of principles and TIE pursung-a
from which determined swerve, until have
completely unmasked those moned sharks who long
fattened on the necessities of the community