Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1845-07-10
THE PRODUCTION OF WHEAT. AND THE EFF,
FECTs OF FOREIGN COMPETITIONS

FECTS OF FOREIGN COMPETITION.
The Cincinnati Chronicle has written Sc
ries of articles to show the effect, upon thu
wheat growing States, of the competition BY
the various countries Of Europe and, also
whether relaxation of the restrictive duties
of England, would enable US to supply that
market with bread stuffs. We cut the follow
ing extract from his last article:
"But if the ports of Great Britain were
thrown open to foreign grain, would the Uni
ted States supply them
awe have already shown that Great Br-
tain will not need an immense quantity of
wheat for, strange as it may seem to those
who have heard the terrible cry of the free
traders for bread, Great Britain actually raises
Tor the people of England, Scotland and Wales
about Gre bushels Of ,cheat to each soul
One more bushel to each soul, with an addi-
tional consumption in Ireland, is all that can
be calculated upon as demanded from foreign
states. This amount she very nearly imports
now. The result then, is that If the ports of
Great Britain were thrown open, the quantity
imported from abroad would not be very
largely increased, unless the capacities of Bri-
tsh stomachs can be Increased The difficult
ty does not lie here. There is wheat, but
there Is not money enough among the poor.
There is exorbant wealth on the one hand
ana impoverished want on the other.
''is the United States the only country that
can compete in supplying vacuum for wheat
ana that country, too, the one where labor is
highest !-Wheat is an article Of the widest
range OF production. 1t is found in high
northern and far southern latitudes though,
doubtless, Hourishing most in the temperate
zones. IL new stimulus were given 10 the
market, II would De produced in surplus where
II is now deficient.
Let us take the prices, however, which will
lest The point OF competition. The Polish
wheat is shipped from Dantzick The Ger
man wheatis shipped from Hamburg Now
let us compare the prices of wheat at those
ports with the prices of wheat in the CITY of
New York, and we shall see how the matter
stands Average price at Dantzick is GAS.
English, per quarter of eight bushels.
The average price of wheat i'm Hamburg for
ten years, was 27s. English per quarter.
The average price ct Odessa is Dds; Blu. it is
often lower-lhe average price of wheat at
New iork is of late years, set down at
Sl,Oo. The comparative result stands thus -
In New York, wheat per bushel -. Sl,O5
In Dantzick {" 1O0
In Odessa mo
In Hamburg {" g 81
Gin the principal ports there is but little DIFF
ference in price apparently; but the price OF
freight from New Y ork to Liverpool is from
SIX to ten cts. higher than from Dantzick.
The result is that there IS a continual differ
ence in price in favor Of Dantzck over New
Y rk. Mr. Mccullough himself admits this
fact, and says that but little wheat can be
brought from the United States except when
the demand has already taken off the North
ern wheat
"lhe actual exports from the United States
and imports into Great Britain show what
this competition is precisely. 1t shows that
oil the imports into Great Britain only about
one-iourth have been from the United States.
Thus, in the year 1881, (taken at random)
the imports of wheat and flour into Great Bri-
tain were as follows: