The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-06-28
From ne Nsnonsl insslAs-ns9
A Gigantic Operation ~ the Els.s s.sA.sf
Doubtful Speculation Competition for Am1leaa Msr-
chants.
UElrrD srArEs cossvLsrE.

Valparaiso. May "a. 1850
DEAR sRs feel rdue TO my country 10 serve hef 10
any in which can render myself nssial danns
to transmit any information that may affect the interests
OF American merchants. With your consent, J select
your well-known journal as The medium through which
TO convey the following intelligence TO the Ameflcan
community The following facts have been placed IA my
hands BY leading English house OF this city;
Within few weeks past an arrangement has been con-
sumnaed between the mietsof Chill and company d
responsible merchants OF Valparaiso, with branch an
San Francisco to supply the California market with
-four Having monPozed the purchase Of all The -four 70
be manufactured in Chill for the next eighteen months.
by stringent contract they are sanguine OF controlling
the California MARKET and OF placing an arbitrary pnce
upon that Indispensable staple Their mode OF argument
10 this: They hold that the production OF wheat during
the present year is grea-much larger than usualor
the reason that the demand for Chill flour in California.
at the commencement ofhe past year. with prospect OF
its certain and rapid increase, and thus furnishing
tain Market induced the agrcullursts throughout Chill
TO appropriate to the cultivation oil wheat much OF
their land than heretofore when The demand was Limited
that has just been secured has been unusually album
dant bringing down the price OF wheat to 3lt cents per
bushe in the Interior on delivery At the mills AT "con
cepcon and its vicinity there are two weknown iner
chant Hour mills, the machinery OF which was manufac
tured in the United States which principally owned by
American and English propretors The average monthly
product Of these mills IS about 900 barrels Tor export
which, quality equal to the best flour manufactured
in the United States Between Conception" and "San-
tiago" there are two other large mills. which manuac
capital, Santiago there are i've extensive establish
mens engaged in manufacturing for export. besides
which, there number OF minor mills employed in
manufacturing for home consumption. Thus from their
calculation il appears that there produced monthly in
Chill from forty thousand to forty-fve thousand barrels
in the Pacific, the principal being California In
quence of the great fluctuations that have frequently
CURED 10 that market during the past year. varying in
ruinous minimum" the milers have been induced to en-
ter into the arrangement alluded to above, by which they
supply to hs monopoly the entire product Of their
mated by these gentlemen to be less than twenty five
thousand barrels per Notwithstanding, from the pres
ent increase OF emigration upon five thousand barrels
more per month Such are their argument and calcula
ton. s.
consider it important that the above facts should be
known throughout the United States, in order that Amer
lean dealers may prepare for fierce competition. Hav-
ing conversed recently with intelligent American
shippers OF this city, they are clearly Of opinion that this
attempt at monopoly will have the effect Of stimulating,
instead OF deterng American dealers from shipping flour
via Cape Horn" presume the American shipper Will
hardly surrender such market California affords
without contest Experience has demonstrated tina,
-four be shipped from the States TO California around
the Horn in perfect state Of preservation and sweet
ness Some argue indeed. that the long voyage.
arising from the necessity of crossing the equator twice
before it reaches its destination will cause il 10 sour and
render the flour Of Chill thereby preferable II is an
II you will refer 10 the report OF sales OF Amer
flour in California. you will find that it has been sold
there dry and sweet when it left New York for
that remote market conversed, but day two ago,
with an intelligent merchant, tMr Griffin, OF Brooklyn)
who recently shipped thousand barrels from New
York. He informed that he sold the same, sound
when he shipped ii, for twenty-five dollars per barrel
That objection is, therefore, futile Sumises are OF no
avail in the face OF facts Il has been proven to be per-
Jscay practicable.
Already two three cargoes OF fl our from the States
have stopped at this port in ranstu" to San Francis
co." since have been in the consulate, and when here
il in the most marketable condition. So it remains
for the future show whether the American dealer will
surrender to the Chileno" this and undisputed
liz. ..,l tb. pYoat
possessions, too attempt competionl Nous perrons.
remain your obedient servant,
T. w. POTTER,
United States Consul.
re e. SrAT