Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1846-03-18


'ihcr important ports too the com trade. In
10 the inquiry whether the quantity
-ouif be increased n there we've q steady de-
IN Great Britain. the consul atSt. Peters
bug says. There are extensive tracts Oflani
Ia the provinces that now supply 81. Peters
burg. which would no doubt b. brought into
guilty alton wcEs q steady and ccrtsin market
Tor wheat opened In this place. In Yeats oi
abundance The quantity which could DC expor-
ted would b. three times as great a. is stated
~ the table From Riga the consul writes.
10 When the .os,,gn demand is very u.sen, the
distant provinces OF Smolensk. kalusa. aud
ooei, send supplies 10 kisa. The principal
NAeat districts ore too remote from the ports
10 enable the farmers 10 g,t their crops 10 tho
market sufficiently early iot expectation the
sans year; sni. thcTtiUrc. they Sannot profit
% decidedly b. the occurrence OF a bad har-
vest ia England as those IA the ncighborhood
oi somc other OF the Baltic ports" From
M-mcl. the .eply is; I'm four or FIVE wears
about a iodrih more oigrain we'll be cultiVat-
cd From Warsaw. the answer is, that the
quantity OF wheat grown ia Poland has in
creased considerably for the last Xix years. and
the production might aU doubt b; further
gradually increased IL there were a steady tic.
naOd fer foreign corn in England" The con-
sal from Eislnure reports a. follows: "ln case
Of a steals AMI regular demand in England for
foreign corn. the quantity produced IN Den
mark would, without difficulty, and in a short
space OF time. Dc materially increased"
Ihus II appears thst tlir nations upon the
Baltic eau. Ia addition TO the l7or IS millions
OF bushels uf wheat sst down in thc table. con.
lnbute a still further supply. One OF ,le glcat
Difficult les nndcT which ihe north of Europe
has laboocd. - the want of communicable
with the Baltic. The consul.. in their state
ments. frequently allude TO the fact that large
sections OF wheat lanis IN the interior are ne
elected. for the want ot cheap and ready com
munication with the sraporis. But this diff
hculiy is fast being removed. The numerous
pans for railroads, which have been adopted
in Russia. Germany. aud oil the northern and
interior States, will bring large quantities of
wheat lands iuto cultivation, and 80 enable
them TO supply a still larger amount Of grain,
should The English market require H..
IL also sppcsn. by returns made to- Pallia.
ment. that the English East India possessions
suPplya portion OF her brads,uii. In 1912
,hey sent 20 England | 10000 bushels OF " heat
and, "a the businrss intercourse increases, the
supplies will increase.
From this glance Ut the subject. il appears
that the " hole demand OF the English market
could b. supplied, and more than supplied.
lrrm aud eastern continent. II the United
States sbould withhold every bushcl. there
would, in ordinary eases. b. 10 lack Of
gain Tor the Englisi market. But we are
told that the repeal Of the English com
would increase the consumption. and
a larger quantity would he rcqrirrd la
that market. A. general rule q reduction OF
pnce will increase the consumption OF an arii-
Gle, and this principle will Sppl, to the sub
jcct before us, as well as to any other. But
still there are causes which " i'll, in my estiIna-
ton, tend To Co.utcrdct this effect. II the
price oi wheat il reduced in q reat Britain, as
hes dependence ~ mainly upon her own crops,
IL will tent 10 reduce the price Of labor, aud
hence diminish the ability of the lSboFing
classes 10 purchase. This may operate to the
amount OF the reduction, aud - prevent
any increased consumption. Any ihi"s hieh
promotes general pfs-f-uN Viii '"'frssc inc
avesas, Os the people IA purSlfaSc. and what
ever psTsly1c. s-.gW~-s ncscs~arlv moluceSn
diminish~s consumption. The price ai wh~-.
depenls upon many 9sn.t WAN he
- adopted al important change i'm the
corn laws OF the kingdom, a change by which
the duties were reduced 81 once about one
huli. This law took effect in April, 1872.
and yet, IN the first entire year after this
change had taken place, Viz, in 1919, the i'm
port oil wheat Tell of more than one. half, The
import OF 1913 being only 9.5iO.O 900 bushels.
while The average importation for the ihre
years preceding this change of the law wa,
20,o52 600 bushels. ] do not suppose that this
iailing OF Ia 1913 was produced by the redne-
Ton oi duties. but this example clearly shows
tla' We quantity oi iomign gain consumed In
Graf Britain j. controlled by laws more = m,
eient than the corn laws. Judging from his
experiment, We have no reason 10 believe that
The opening OF her ports would have any con.
siderable elect upon The demand Tor foreign
grain.
have. ] ,rus, clearly shown that the ens,.
ern continent has the physicai ability of sup
plying The English market with brrads,un.-
And What Is their financial sbility7 Can the
nations upon the Baltic Afford their grain IN
The English market as low as the United
S'alesf his 10 the great question to BE- deci.
led have taken pains to satisfy myselfup-
on thus subject, add ! have come TO the con.
tlnsion that they can underscll ms in that mar.
KEEL Ia TIC hrsi place, we see that they do 80
present, when the com laws up rate equally
upon them aud upon Us. So long a. The laws
are equally applicable 10 them and us. i, mat
trrs not whether the duty is high or low. or
whether there - any duty at oil. say that
they undersell us now, as appears by the fact
mat they supply Ii times as much ss the L..
States.
The following table will show the pricesof
wheat per bushels la the principal msrts of
trade on the Continent, from 1880 TO 1913.
inclusive;
k&rg5Esg3aErEog IL