Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1847-06-25
KING WILLIAM.
TIT NC TsHYHUCT.
RREA DSTUFFS-HIGH PRICES-SPEC
JTIATORS

BREA DSTUFFS--HIGH PRlCES-SPEC-
ULATORS.
During The year iS45, when many of US were
almost panic.siricken by reason OF the drought
which Gu, shor, our crops Of corn 50 much, was
induced BY certain circumstances 10 make cer-
tain statements, after The order OF predictions, le.
laliye 10 the price Of corn for 1916. This did
10 quiet the tears OF some who might perhaps
listen 10 The simple suggestions oil mo Panic
Man."
The truth OF mr. predictions causes me to
make few suggestions 10 the pubic again al Inc
presentc crisis. There is certainly greater scar
civ Of corn than We /.ave had with US in Virgil
mia Tor years. Many Of our farmers sold al
again al mue6 o%er pics iqhere was H.,
fullest spirit of speculation in This movement, and
The extensive prevalence Of this principle cannot
be regarded as the most favorable circumstance
connected with the public. II would have ar
cued much greater health in The relations Of So
ciely, il every man who made corn enough L.
serve him had retained enough in his own barn
for this purpose, unless necessity had compelled
him TO sell. One barrel OF corn in ones own corn
house is worth two in another mans.
This scarcity of corn, brought on by IMPROVE
dence and imprudence, has rather Destroyed the
equilibrium OF things, and there is great danger
of TOO hasly action with many. The price OF
corn, owing TO foreign demand, and the very en-
lishtcncd and polite measures adopted by The
General Government, is unusually high, and the
FREQUENT arrivals of steamers cause tito fuctnale,
though with 4 tendency TO remain high New,
what | wish TO direct attention to is, this wan,
OF uniformity in The prices OF corn and flour. II
there be this great demand in Europe, 10 which
high prices are TO be attributed mainly, why this
fall and Iisel Flour has recently fallen conside-
rablv; and several times during the spring, il one
started a cargo Of corn 10 Baltimore, acting from
the last Intelligence before lis arrival il would IN
all probability have fallen. II the demand be
great and acts as constant cause, why not the
effect constant, and uniform alsol This stale OF
things would argue that spectators have great
deal 10 do with The prices OF breadstufis. good
deal OF grain ard nour is stored in mos, o.! cur
large commercial cities and We know that Il IS
actually true, that there are great many small
er Spectators in The country who are buying
up small parcels of grain with reference 10 ex-
peclcd higher prices. There is, therefore, really
more grain in The country than We might Al ilfst
think, without liue examination OF circum-
stances. With prospects before us-lhe wheat
harvest near al hand, and the various vegetables
used for human food, both i'll Europe and Anne
RIGA, now nearly matured, il cannot be Otherwise
than that some persons must either lose, or per-
haps may get of without, loss By selling ior as
much as they gave. The question is, wha, shall
be donel Who shall be losefs-,he people OF
speculalors2 Unquestonably the spectators
ought if either. II those persons who have 70
buy corn are compelled, from the state Il The
trade, bloalcd and stimulated out ot It's natural
channel, to give an exorbitanl price, they are The
losers; il Spectators, from Unsuitable avarice,
will buy up III The corn they can al The presenter
ormous prices, now 100 high to be tempered with
by prudent men, with desire Of gain. shall keep
il on hand ill after the crisis, they must aud
Que hi to lose. Those persons who have lew or
no horses, ought under present circumstances, 10
RELY mainly on vege,ables-make the gardens
supply the place Of corn, and mol buy one single
grain that can be avoided. Those who have
horses 10 feed ought TO make as ice use Of grass,
clover &c., as possible. The great considera-
ton now, is 10 act with discretion and consldera-
lion-not 10 buy at enormous prices, because
Spectators are instrumental in putting up the
price beyond the natural standard, which IS now
high enough. Many good reasons nigh! be CIV
en- why corn is now al lis maximum piice.-
Mach lhe better part Of the work towards The crop
o( corn is now done, and much less corn can be
therefore used Tor horses. Wheat ready 10 use,
proper use Of this will tend 10 diminish the
price OF corn, and the oals will answer 10 iced
horses in The fall. The dry weather tends no
doubt 10 keep up The price OF corn, bur, ~hen con,
sdered. il ought not. Besides this having had
so much dry weather in the fist part OF the sea-
son. We may reasonably expec, a more iavora,.
bic time in The latter part. n dry June tor coed
crops, has been saying for many years. The
corn is generally low, it is lTue. but this is small
matter. II is the part of every one 10 act del6e-
rately-nol in the excitement that prevails in The
wild speculaticns Of the day. Depend upon IT.
SPECTATORS have much to do with present PRICES
June 18Th, ~. AN OLD MAN.