The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-09-09
PTS OF FLOUR AT NKw ORLEANS AND TO THE Hup'
on FROM THE OPENING OF CANAL NAVIGATION.
Netp Orleans To tide tUdter.

We have the practical effect of a rumoIed English de-
mand for agricultural products. As packets arrived
cessivsIy, and the of improvement in the
Their confirmed prices fell until the last arrival when
-four fell in this market IS to 97} cents per bushe The
price - 50, fall Of 81 IS per bushe from the
caused by speculation the strength Of the wants
of England. This makes a difference in the -four
ceived aud in New Orleans of 5o2 Now there
i. not frrusr miller in the country but knows that
the -four in the hope of foreign market and
the fall inevitable when good harvest abroad spoiled
that Yarket Notwithstanding this plain and practical
fact Wall paper in The interests Of the manuac
turers stated as follows:-
The improvement which has taken place in the trade
Of the country be considered the result to great
exteit Of the tariff of ls42 The protection afforded TO
our rssnt occurring iteress at moment when they
svAayisx depression of trade has been
only to those directly concerned, but to
th<a interests OF the country. has furnished
of reigr demand market VIII CHI pis the true policy
OF every oouHtry to foster and protect
Perhaps better illustration OF the effect thus pro-
ducsd be given than that afforded by the article OF
wheat The crop Of the last year, well known was
exceeng,y large ad the general expectation has been;
very price More especially has this been the
since prospects the crop have been SO favor
able But the actual result has been directly contrary to
this The price of wheat, without anyforesn demand,
has steadily improving boil he seueoard and in
the INTERIOR and FROM aoto so per cent higher than
the love prices of the spring To what cause this
be aitribusd7
Is il not the direct result Of improvement in the
dton of other branches o. labor BY which they enabled
to purchase more freely, and pay better prices7
Such bold assertions these do but little injury TO
any but these who make them they expose the poverty
Of argument in support OF monopoly. II this torf wss
tho the rise what is the OF the fall when
the business said be better than everf
Have the manufacturers stopped eating, and live as
presumed they lived before the tariff was imposed viz
on air. or have they grown rich that they no longer
of Tho
port the viands of France3 Certain it is that prices
are falling and that stocks accumuating Thsresre
now in this bbls -four Of the old crop What
will become oft without aforeign MARKET remains to be
seen. The growing crop in many sections OF the coun
try say the middle and south Of Illinois, was greatly da
mayed BY the leng cold winter; there was very little
snow and the crop frozenput. This misfortune will
affect the Of Illinois temporarily more than the
supply for the Union. Happily, country is so ex-
tended and its climate varied that the utter failure oil
section as largeas England, aiIssts us but little
Now, that the business Of the whole country Is con
Quoted spscie basis governed by what people
pay the busnsss Of any section may by COMPARE
son, be pretty accurately estimated by looking to the
coodtion and prospects Of its products. When people
under banks bought much they could get credit for
there rule and no limit to their purchases For
the coming year there every to believe that the
profits OF all agricultural sections will be far--hat is
they will be than for the past few years. Hence
the business Of the seaboard will be better People will
buy domestic goods and imported goods because they
want them and have got the money pay for them The
demand thus occasoned will prices goods to rise,
domestic goods will advance until they reach the value Of
asmilar foreign article al the cost with the duty super
added 1.-THE duty did exist the foreign supply would
increase AMI keep down the domestic articles but as the
ia 10 does exist articles wooens for instance, must
command price here $50 per cent higher than Its cost
before II can be imported hence the domestic manufac
tures will obtsin profit Of 20 4s per cent secure IRON
competition. This. the farmers will be obliged to pay
while the government gets II the duty was
2Oper cent the frmers would 30 per cent and the
government would be well supported. The weight oil
tho tariff will be felt in it's full force winter and
spring.