Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1838-08-07
the CORN MARKET AND THE MONEY
MARKET.


.Ntse York. .fsg IA great deal q siten,to,
IS now bestowed Upon The British Com Ma,kei
aud many Of our sharp eyed dour dealers have
their eyes upon The mort OF Europe, aud tho rtsa
aud The gain market. there. We have teaa
very carefully written afncle ~ the United STATE.
Ghladelphs) Gazette in which the writer attempt.
to prove there viii be very decided failure Of ,is
crops IN Great Bu,aa and from this foe, to dclst,
The ioiercnco that The Foteisn Flour Marie, sia
Ne lcf pretty well opon to the Americans 70.
writer had bu, lmpedec, data Tor his opinion. a,i
Is, therefore, rather hasy 10 his conclusions. A,
one time, IN England there was great fear lot Goo
crops, bot the prospect Nbs great deal bct,,t
when the Royal William len, Jnly 9th It ia Ger.
tain there viii not be large crop, aud J., Is prob
able that there all not be an average ctor,--5a.
Il was by 90 means settled that there would be
bnc crop. What the crop was to be in the uuua
OF Europe, We have not yet the means Of deter.
mining. The Great Western. with daics tiom
Loncoh 10 July 2lst, viii probably settle tur o.
these many interesting questions. IN the coursc y,
this week, or the first Of next.
The abundant grain atUps We are now fcaping
IN almost all parts OF this broad Union 10 80 La,o
iis decided effect upon our Money Market. our EA.
ahangcs, and our comforts. We are no longer o.
be buyers bot sellers of the staff Of life. Instead
of sending thousands and thousands Of dollars to
The Baltic aud Black and AdrIa,ic seas, Tor Wheat
thus forming the Exchanges against u, We are to
nave money come in, it highly probable for our
grain. The South American aud West India
Markets will certainly be ours. The prospects
are not for an over abundant crop IN the Canadss
and there are there now good many soldiers that
eat These facts must do their part in keeping
down the rate Of foreign exchange, and thus ma
King the Money Market easy at home. Indeed
with The prospects before us we are to be- it often
strikes US as We were in 1895, fed and fattcucd
IKE Wild s,eed, with boot md spur upon u.s.
and no birdie or bit to hold US back. Indeed there
Is no holding the Americans in, when they arc
sleek, and fed we,-for they champ the BIT and
throw the riders, and dash Off the course. All
we want now is sound currency,--lhe Paper
Dollar Plenlpotentiary, to command the silver cy-
cry where, tina, the fishermen of PASSPORT Me
can bring home without loss from the Fish mar
tet OF New Orleans Louisiana. and that The
Ono boatman as be sells HE cargo from his dug
ont can take back with him without loss, or the
Farmer OF Ohio exchange on the Levec in New.
Orleans with Fishermen Of Maine without a rem,
Tor The Broker. In short such Paper Dollar
as man can stuff in his wallet
h"u TayeI 5000 miles, the breadth Of the Onion
m Just as good 10 Que pace as MEDITERRANEAN
brokers cease to regulate exchanges, and consun-
efs every where 20 be shaved the price in New
York beng added 70 them six, eight or ten or
twelve per cent. Of the rate Of Exchange. This
Is about all we need now, to find every laborer
employ, to set esery spinning ienney, aud v heel,
and anvil and hammer in motion, to make tho
woodmans axe ,ring in the forest, and To whIten
Inc ocean with our sails, 10 send The Locomotive
power over miles and miles Of Prairies and 10
carry the sounds Of civilization beyond the Nilsson
u Mouhtalns. When man abandons such u cur
fcncy as the Ink of this Union he has calculated
us value and made up his mind it is not worth
preserving. Empress.