Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-10-06
THE FOREIGN MARKET.

We are not surprised at the elaborate articles
with which the Wing papers TEEN, intended 10
neutraize the effect produced by the rise oil prices
OF American products in Europe, anu Oh COURSE
in our own market. The news from Europe IS so
directly in the teeth of the 'panic" predictions oil
the Tarifites, that their ingenuity is sadly ve1ed
TO furnish plausible palliation. Al one time
they commended, that The opening Of The British
ports would be serious disadvantage 10 The Anne
rican producer-tor, they argued, under the old
system, heavy duties were imposed upon grain
from all other countries-but that this country
might, by means OF trans-shipment through Ca
NADIA, introduce our produce into England on
much better terms, and therefore overcome the
competition of the Baltic, Mediterranean, &c
but now that the British ports were thrown open
10 all alike we would lose This advantage and be
driven from the British market by The cheaper
| grain of the Baltic, &c. This theory OF The Wings
has been thoroughly refuted by The immense
amount Of produce which are have thrown into
England for consumption, regardless CT The much
talked OF competition ofthe European sra grow
ing countries.
But, say The Wings. the late rise in The price
of grain is entirely owing TO the failure OF the En-
slsh crops, and is in no wise attributable 10 the
repeal OF the corn laws. We have expressed our
belief in the law olsupply and demand-we have
conceded that the rise Of price is in some mea-
sure to be ascribed 10 The failure Of the crops
abroad-but We also contend that that rise is in a
large degree lraceabe TO the free admission Of
our grain. Can any one deny, that, the smaller
the duty imposed upon an article, The more means
will the consumer be supplied with TO give Tor The
arice7 Suppose the enormous British dulles
on our tobacco be lowered, may we not certainly
expect a better price for The article admitted into
England This will scarcely be denied-and
vet when we see the burdens taken off from
-four, wheat and Indian Corn, the Wing papers
gravely and sloully contend, that their increased
price is altogether attributable 10 the failure oflhe
crops.
Blu, we deem il unnecessary 10 discuss propo-
silion which is in itself so clear, and which The
strong common sense of the people will thorough
IL understand There is one fact, however, which
places The matter beyond cavil. Previous 10 the
OPENING VI PoiASj HS '"' A'hS'S
OF Indian Corn was very litlle used in Great
Britain. The great measure Of The repeal OF the
Corn Laws a, once produced most striking ef-
feci-and the quantity of Indian Corn exported
from New York, previous 10 the Isl September, is
estimated al 562 900 bushels; from Philadelphia,
l05, 7O7 bushels, and from New Orleans 94l $50
sacks. Now, when we rccollect that the product
OF the United States This year is estimated al 500
millions it having been according 10 The census Of
1910, 377, 53l, s75 bushels, of which Virginia
raised 34,577,59l bushels, it will be easily ina
,;ned what an immense revenue has accrued to
This country from The increase OF price on The
article OF Indian Corn alone. Yesterdays Times
saws. "The introduction Of Corn into England as
an article of food, and the consequent enhance
ment of its value, should give spur TO The prospe-
r;,y of The ,de-warer region Of Virginia, which
contains some of The finest corn-growing lands in
the world" Does not this isolated fact demon
stra,e The vast importance OF the opening OF The
British por,,7 The National lnieligencer de-
eIared that the free trade movements in England
were stimulated by The an,i-Tariff Report OF Sc
cretary Walker. Upon Ibis untoubled Wing
testimony, then, does not The present Democratic
Administration deserve some credit for the cheer
ing prospects now held out 10 the agricultural
community
AS germaue 10 the subject, we quote strong
article from The New York Evening Post LISA
powerful summing up of most interesting facts
noCnYcTION Fiji .FITJ.ED.-In The
last session OF Congress, Mr. Strohm, wing