Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-07-01
TO THE EDITORS.

y GENTLEMES l wish 70 state, IN piaih manher 10 tue
thousands of your readers who think they read series Of
propositions matters Of general concernmeni and to bring
forward an array of facts by which the truth ay Of these
propositions may be tested by plain that
my views will always coincide with your own, with those
OF the political party which both belong but free dis
cpsson of the cardinal principles of that party, and it
is one of the peculiar exceences OF the Integenee that
admits such discussion,
The controlling interest Of this country is and should be the
agricultural OF this country this valley has now larger po-
puIaton than and its products vastly exceed those Of the
East as its products yield high low prices does the bu
siness OF the and manufacturers Of the eastern slope of
the Aghanes expand contract and results in profits
losses Ours the exports which make the balance Of trade
this and other countries, and which control the
Tency and exchanges cotton, breadsus and PROVISIONS
tobacco and hemp rise fall in price, every interest in the
country is affected.
For four yearsndeed for long series of years. with
occasional excepon-our leading staples have brought
nerang prices and the movement of wealth and pospe
rity has been continuously onward. Now in the midst of
plenty, are, apprehend, approaching crisis which in
lis character has perhaps precedent the history of man,
and which will result temporary insolvency Of large
portion Of factors and planters and period of commercial
distress which, ourselves and those connected with
may be disastrous than any through which have
passed We suffer from plethora granaries and
saorehouses be full be taught that the
body polite suffer much from repleon from de-
pleiion.
Let look the present and prospective prices Of great
staples bearing in mind that when the supply of any article
greater than the demand the fixes its price,
COttonWe have large crop yet out Of The market,
and the price has fallen point less than oneha of its
average from 1926 1914, inclusive, and at oneourh Of
its average price from 1890 1925 and there but slight
prospect Of improvement.
Tobacco Late advices show that Europe has supply
for years. aud that she condition increase her
stock The low prices Of other articles induced large prepa
raons for this crop during the present year The revolution
France may lead its production there and thus of
an important market 10
Hemp.-The price OF this staple mainly depends the
quantity and price of cotton. 1t is depreciating, and
growers expect 500 per ton half the average
price, the close Of this The average demand
Western bsggng and rope for enough and bind
say 900 bales. II stated that we have this quantity
already on hand.
eGt-The present indications are that the crop of this
wear will be enormous, and perceive prospective
demand commensurate with the supply.
Corn-We have Of this bulky article large stock on
hand large and the price low at the heel of The
son, event. that it will pay the Of transportation
any market known 10 rs.
Pork equal. abundant and is scarcely worth acceptance
for shipment abroad.
Flour is worth less in New Orleans than Cincinnati and
Sugar has fallen below the low prices Of 1923
The increase Of the lake and river tonnage Of the West is
fifteen per cent, and this be abou, he
The increase Of surplus agricultural products and this is
compound increase. In past times OF
pies has passed the limits Of demand but change Of crop
immediately restored the equilibrium and the full knowledge
that this would be done has sustained prices and prevented
serious losses bot when euy product Of the fields is
depressed when erery staple Is abundant, planters
object IN change the crops Of this year will be the
those u last year, and abundant Now where are
look for markets What old markets can be enlarged
and what opened What can Mr. PoLK or Mr..
Gar Gen. TAYLOR do for Us Shall we be Wing or
Democratic and has the Of either party or candidate
much TO do with the
Our chief markets Great Britain, France, Germany
the West Indies and the Bszi exports however 70
France and Germany, mainly and tobacco. For
provisions and beadsus the West has Southern and East
domestic market n the Southern planter cannot get ever
per pound for his be mus, raise his corn
and 10 the northern sections Of the district he mus
make his bacon. The Eastern market much larger
appearance than in reality. With fair crop home sgr
cusuf supply ~ nearly or qulte equal 10 ne demand Ou
corn, wheat &c Baltimore and other Eastern ports
IL chiefly for expoaou 10 OIL up the caused by
ihs expectation Of the Eastern products Of the character
Of an earlier period Of the season.
The West Indie. are requiring less aod less from Us as ID,
production Of sugar and coffee in those islands decreases
their imports from Us. With Jamaica and 81 Domingo
which once important markets for breadstus
provisions, We have scarcely any inttrc ursc.
Europe very nearly makes provision enough the deficiency
IN her manufacturing nearly supplied by her agriculture
districts The Brazil market for prodoee il falling off
Our market in the Pacific and always very limited
The Mexican market Is unimporan and now do
ing all we can to make MEXICO rival producer
The last two years have years Of famine and our ex
psts are not true Of foreign demand need
give tabular statements show this the fact will be showr
in the answer TO the resolutions recently moved BY Mr.
SrrwAaT.
the revolutions in Europe shall result In the establishment
OF liberal Governments, snd her immense standing armies b
transferred from the fields Of Mars to those Of Ceres she vii
require nothing, but make surplus
The army Of France has been say four hundred thousant
men hundred thousand will be amply sufficient 10 pro
tect q government Of the people Now what difference
will mske IL three hundred thousand abe bodied men sbal
become producers instead Of According q, Bab
the Russian statis, the production ey Loneou
whes by the ordinary cul,ivason and on ordinary Soils
sixty bushels. The three hundred thousand men viii ther
make eighteen millions Of husbek Suppose one-urh Of th
whole standing army Of Europe b disbsnded and