Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-07-19
MORNING HERALD.


AOn1V1 1VO lie Nh AD'
FRIDAY JULY ~. 1888.
A. TIE WEEKLY HERALD tomorrow will con-
tain more important, useful, and amusing matter
than any paper that was published in New
York With three wood engravings, illustrative Of
the various subjects, it will give full account of the
Royal Progress of His Majesty the President, and
very curious description Of the progress aud posi-
ton of the Croton Water Works. OF the Water
Works we can speak. The account Of this magni6-
cent Aqueduct greater than all that Imperial Rome
ever constructed, is perfectly unique and original
1t alone is worth the money. No other paper has
the news-nor dare any other paper touch the
subject.
THE ARRIVAL OF THE SrKAMER.-Agan we
have been disappointed in the expected arrival 1t
her appointed day. and the probability 10 she may
have left on the day with the Great Western
the 9th Of Juy-in which case there must be some
racing the Atlantic and both steamers in to-
gether, at the top Of their speed, by Sunday next
The excitement is increasing.
Folly OF TIE WING PARrY.-The bitterness
which the wing party and WING press feel towards
Mr.. Van Buren, will never elect Mr.. Clay. In Hud-
city, the Corporation, being whig, have refused
to give any reception to the President Of the United
Ststes, because his name happens to be Martin Van
Buren-and ON this mean refusal the Courier and
Enquirer" speaks thus
The city acted noby pariotealy, wisely
thus regulating and stamping with their marked emnasn
the mPenenee and inolenos Of Mr. Van Buren,. TIER
duct worthy and republicans and sets an example
that hope will be followed.
This is bad spirit, bad TASTE and worse policy
The impertnence and insolence" are in those who
allow party feelings to call such mean conduct
"noble," "patriotc" or wise" As man and q
citizen, Mr. Van Buren, is just good and as moral
as Mr.. Clay. His policy and measures may differ
from the wings, but that is reason that Hudson
should disgrace herself before the world. We do not
support Mr. Van Buren,, nor his measures, nor his
electisn-G Scotts eur man-but we should always
give him the honors due to his station-aye, belyful
Of public honors. When will the wings learn wis
dom?
Reactlen i'm the prices Of Provrsions-thc
Spectators going.
Within the last three weeks beef has declined at
The Bulls Head market cent and half per pound
Since the middle Of May the price has receded lit
tie more than two cents, bat decided tendency to
decline has manifested itself during the past
three week. than before, and the reduction in that
time is the be ginning Of what is to take place.
prices which consumers have been paying. These
causes combined formed basis for the butchers to
operate upon and they, with the drovers, have reap
ed rich harvest since January last. The farmers
and the only persons who have suffer
ed-the first partially-the latter fully
That there has been a diminished production we
have doubt-and that there has been extensive |
combination and monopoly, we do not question for
an instant. But decline has commenced which will
not stop till prices shall have arrived at their just and
proper level 1t is principle Of political economy
that high prices stimulate industry, and eqaent
In increase production and this is almost daily veri
6ed The high prices that have been paid for meat,
particularly beef for some time past has caused an
Immense increase in the raising of beef cattle Cat
tie cannot, like grain and other agricultural produc
tons, be raised in but il takes two and
three years-and, therefore, the reaction that has
begun will not be fully contaminated for some time
to come.
the same power which has had such powerful in
fuence on the corn trade. Through the agency OF
the western and other banks, the spectators in cat
and forests ali the beef upon which they could lay
their hands. The revolution in the grain trade, and
terrible rebound upon the banks has affected the
graters in beef the same as the spectators in gran
bat not quite powerfully.
TIE take an accurate view Of this subject, we must
glance over the whole country. The production
this year will be prodigious, and prices have
already, declined TO very low point. Flour,
beef mutton veal and, in fine, every description Of
agricultural growth, now be purchased at price
much less than paid three or six months ago
The people eating less meats, has been one Of the
many causes which influenced the decline, by dimi-
nishing the demand. Since the warm weather has
set in the consumption Of beef and other meats in
this city alone, has fallen off thirty per
cent; and by the following up Of this determination
the part Of the consumers prices will find their
level ere long, and shall be benefited in health
and wealth Fish be had pentifully and cheaply;
and there is why beef should continue
eight cents per pound.
The great reduction in the price Of breadstufs has
increased the size Of the leaves generally from thir-
ty-four TO sixtytwo ounces, and, as -four will continue
TO recede, the loaves must keep pace and increase
as rapidly in size. The average price Of -four AT
this moment, in the United States, is S5 % per bar
rel while year ago it was nearly SO. The fact
is, there has been such great revusion that
the spec lators could not Withstand it, and the poor
can now revel with delight, for the devil has posses
sion Of nearly every monopolizer, and he will give
them their due, and no mistake. We repeat, If the
people eat less meat prices Of beef, mutton, &C.,
will soon decline to reasonable price. Curtail
AMERICAN LoconorIvEs.-The best mandatory
Of Locomotive Engines in this country, is the esta-
blishment owned by Baldwin, Vail & Hussey, Broad
street, Philadelphia. Since this company began