Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1847-08-13
From The Nelc York Tribune.
THE NEWS BY THE HlBERNIA.

In the absence of political intelligence of de.
cded interest, the fluctuations of the British
Grain Market form the ruling topic in connec-
tion with European affairs. From the signal
depression in Grain and Flour, and especially in
Indan Corn and Meal, during the week last pre-.
cedng the departure of the steamer, we conclude
that all doubt Of bountlul Harvest throughout
Europe; and especially of the coarser Grains
and Potatoes on which the Poor mainly rely for
substance. is finally dspelled, and that Plenty
and Thrift are rapidly resuming the ascendant.
Sul, the natural exhaustion of stores, under the
influence of SO decided and general failure,
will 90 far 70 insure an unusual demand for
BreadStutlS from this country throughout the en-.
suing season. That the destitute peasantry Of
Ireland, or any other part ftho British Empire
except possibly few manufacturing towns, will
ever be generally subsisted on the Indian Meal
Of America. is a phantasy which we never dream
ed of indugng if these cannot be fed from home
grown products, the Empire is bankrupt, and
may as well declare it at once; but, in view OF
the almost necessary exhaustion of the coarser
staples of food during the protracted agency OF
such famine as the British Isles have just en-
dured, and the inevitable and serious diminulion
OF the Potato culture, in consequence of two sue
cessve failures Of the crop, we shall be diSap-
pointed if there is not considerable demand
the coming autumn for the eXportation Of flour
and meal to Great Britain. Agriculture, Com
merce and Manufactures are all interested in the
price of these staples, and the news by each sue
cessive arrival must continue to be awaited with
very general anxiety. Aside from the large class
which II iluctuaton of dollar per barrel in
flour will make or break, we are all more OF
less directly, interested in matter which so
affects every department of industry and trade.
We need hardly repeat that, so long as we
shall cotinue 10 buy of Europe a large proportion
Of our labrics it is desirable if not essential that
we be able to supply Europe with like proper.
ton of her food. We cannot pay for such ia
brics with cotton alone; extensive as is the mar.
ket, the price is far from sufficient. We must
sell bread five are to buy clothes. Yet it is by
no means pleasant picture to our minds eye
that of our farmers, milers, merchants, &c.
gathering around the Telegraph stations every
week or so to learn whether American labor
shall be rewarded, business prospered. mercan
tile credits justified and money obtainabe o
otherwise, as the barometer Of the London Corr
Exchange shall indicate. Who does not seC
that immense scope and expansion are giver
hereby to that thrillless speculation which doe
not tend TO increased production or more widely
dlffused comfort, but the countryl Grant tha
we can sell our food in England and buy ou
clothes there on such terms as we can live by
that there will be no "ruin" or general pros
tration-is there not clearly "a more exclusive
way!" We trust the millions are pondering thi:
Question.