Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1846-10-26
The Corn Market.

Our readcr. will find, another column, such
VIC have far received relative to the condition
Of the Corn market both in Liverpool and London As
va. TO have been expected the advance has been consider
able, and holders very careless about selling
One circumstance, however, is worthy OF notice. Tie
Times (wilmcr Smiths already begins to caution its
friends agsins wild speculation bread stuff, assuring
them that England will bring provision from every part Of
the arh To- supply the demand. This precisely what
we snppoed would the The buoysnt state OF the
Corn market present. will tempt every agricultural and
owner Of bread suis push them forward In this case
rs ia all ohc the market will obey that law OF Trade
which is rs nilexibc law OF Nature that the supply
will in all cases. proportoncd To the demand As long
that demand large, prices will remain at least fair but
when II is supplied glut soon follows, aud they musttai
We have here notable proof OF the folly OF relying up
ON crop, aud upon foreign market alone. With
good Home market the crops might be varied When the
raising OF bread sus overdone, might resort
come other productions But the present instance,
have nothing it, but bread stufis do nothing
There s no alternative for have but market, ami
that market will take Corn and Wheat alone.
We have also, IN this advice of Wilmer & Smith
table proof Of a truth which have than stated
England will obtain provisions from all parts OF the earth
Why Because she is obliged have it, in order that her
population may starve. She would have done this,
whether we had repealed the tariff of 40 not simply
TO attribute late tariff the condition
of the foreign market!
Not less absurd is the assumption of the Union that the
Corn trade only be kept up by adherence to the Tariff
OF 40 IT, that paper insists America, and America
alone IL TO feed the word-if her advantages incacu
nby superior to those OF all the OF the EARTH that
others can come in competition with her the alleged
fertility as il, contends of the Baltic region be, indeed
thing more than bugbear used by wicked Wings fright
en- the grown children OF Free Tradethen, inasmuch
Great Britain according 10 the showing Of commercial
English paper considered to be OF high authority deter
mined to draw supplies from all quarters OF the EARTH 1t is
evident that she would have applied here spite of the Ia
rif of ~ There would provided that Tariff had
tnued in existence have been lar less danger OF gut in
the foreign market than there present. for than
million Of hands would have been kept Of the fields and
in the factories The present agricultural force sufficient
To pull down the prices proper level The surplus from
the manufactures must sink low, render
portanon OF bread sufs losing business and the Flour
aud Corn market will be the precise condition in
which We now fad the Tobacco market
The Unions idea that Great Britain will prefer bre nd
sus out Of gratitude because have opened the way
her goods TO the destruction OF great interest," ud
erous to bear inspection Few OF the purchasers know any
thing about us the Tariff, anything either The,
20 Eto the Market and buy the chesp.si and best flour
without caring whe may from Mexico Spain
the policy Of both Of which entirely pohbiroy, from
Switzerland OF the United States which keep open ports
and invite all the world and do their mnnuaco
es all the injury they may think advisable for their
good. /, is follythe very height OF folly Ito suppose
nth