The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-04-24
BosrON rpoN Arc ,aso To A paIt. 1874.

This shows great fucuaon in prices without show
ing much improvement at the last date compared with
those previous The quoted prices for August show the
position of principal staples at the close of the
promise tariff act and Just before the operation of the pre-
sent act The quotations for October 1884, show the state
prices just after the existing tariff went into force We
merely aude to the comparative prices at these periods
10 show that the slight variation in quotations cannot be
produced by the assigned by the committee Of
uacures in their report TO the House of Representatives
from which extract part Of the above table II the
tariff act exerts that wonderful and unfang influence
prices how is it, that under the rate q duty, the
price ofthe articles instance all included in the
above tableucuate with the seasons, and without any
visible cause When has produced abundant
harvess OF all agricultural prodnctswhen the sup
ply much larger than the demand in all parts of the
world-can any power in creation keep up prices 2
We cannot conceive that any political capital be
made by either party, attribung the existing state Of
commercial affairs to the wrong Political fanati
cism may blind many and lead them 70 the conviction
that nothing short of the Of their avore pIa
can the country redeem the commercial classes
from utter bankruptcy and ruin Fortunately for the
mercantile and all other interests in this country, the
evils that often fasten themselves upon the business
classes work out their own salvation The tremendous
ups and downs Of trade the complete wreck that
interest has experienced and the thorough revolution
all the departments ofbusness have settled down into
regular uniform, specie currencyinto complete sys-
TEN of credts-into business governed exclusively by
demand and supply, without that aid and support from
government that political 1uacks imagine indispensable
the community.
The great abundance OF money in all parts of the world
seeking investment has induced those having great re-
sources to employ their capital in operations of trade
stead OF allowing it to remain idle in hand The most
speculative movements that have lately been made in Eu
rope since the cotton excitement subsidized have been in
coffee Opereons and investments in this great article
food were caused by the very reduced point prices had
reached The commencement of the speculation in Eng.
land and Holland was produced by great advance in
prices at several large sales Since that time prices have
been sustained and the operations although Of more pri
vae nature have been very large The stocks in Europe
are very limited which, with yearly increasing demand
throughout the world has created an impression in the
minds OF holders that advance must in the regular
course of trade take place We market report Of
large coffee house in London based the actual au.
thentc statements Of all Europe as to the
consumption -
We have from time to time given our friends partial
statements as to Coffee the quantities produced and
sumed The article has, for time of four to five wears
been neglected and prices continued falling till of late
The low prices OF the article coupled with the
consumption the whole world have brought it into
more notice.
In 1899. last gave statement, showing the produc
ton oil coffee to have BEEN for 1885, $40 900 cw British
weight On the same basis we continue our state
men showing to what extent the production of coffee