The republic. [volume] (Washington [D.C.]) 1849-1853, 1850-08-12
From he Toledo { Ohio Blade.

Ii is settled fact, that throughout the entire
wheat growing region, controlled by our canals
and railroad the crop exceeds that of any former
year in both quantity and quality.
OF the causes which will prevent speedy move
ment in western produce, the stock ot flour now
on hand in New York is probably the greatest
large portion of this ID Canadian. Finding no mar
ket at Monochrome in Europe-it has sought one
with us, where, prices slightly reduced il welds
a powerful competition with our own manufacture,
and renders the market unavailable for the new
crop. A larger supply from the same uniailing
source awaits the disposal of the present stock TO
find its way into the same market. This must ever
be the care, unless we protect ourselves by law,
when the home supply exceeds the foreign demand
Europe is now overstocked from the granarles
which her own harvests filled last year, and which
are reported as being ample for year to come In
the mean time, harvest ID richer than ever be-
iore but we not only derive no benefit of foreign
demand, but are compelled, IN our own market TO
encounter formidable foreign competition. Is
there not something wrong In this'
The foreign demand for our grain will poorly
compensate for foreign competition at home. IL ID
entirely too insignificant item, compared with
our home market The whole quantity of wheat
exported last year. as shown from late exhibit Of
the Secretary of the Treasury, was 527 ,534 bush
els-not so much we have good reason to believe
will change hands in Toledo during the next six
months. England was the market for l,Ol2,6 $50
bushels of this wheat and for S55S07 barrels of
American hour-a small part OF which found its
way across the Atlantic through the British ports
on the ST. Lawrence. During this period, while
the foreign demand was as active ever, the sur
plus crop Of Canada West was working its way in
to our markets, to take advantage OF our home de-
mand which always, at some rate, is reliable, and
was thus enabled to dispose of q ,S2S bushels OF
wheat, and 80 ,S99 barrels of flour.
Small as these figures are, they embody this I'M
poriant fact-that foreign producer can bring
her flour and wheat into our markets, and dispose
of them at living rates, when our own merchants
are buying the same articles for export This is
not all She can make money by the operation
much, as to make her both clamorous and threat
ening for the passage of a law which will admit of
better terms Ever since that experience OF the
benefit of our market, Canada has been plying our
markets with her breadsuffs, and the result Is that
at this tine, when our producers need nome
market, all the avenues of trade are giutted, a
heavy competition prevails, prices are daily de-
Ginning, and the demand ID inactive.
We not yet prepared to say, that the
reciprocity law sought for by Canada should
not be granted The experience of the present
that question. We hope such law will pass
the present Congress. Let us test by actual expe-
rimcnt how great the competition may be, which
Canada can offer in season Of great plenty, when
there is no foreign demand. II we mistake not,
our farmers and operators throughout this entire
lake region will feel the burden of that compc-
tton sufficiently before the close of another year,
without a6ording Canada any greater facilities
than she now enjoys. We shall be disappointed it,,
| among those now favorable to Canadian feciproci-
ty, nine OF every ten, year hence, will not be will
|
ing 10 sign memorial asking Tor laws to protect
the industry of the country against the encroach
lnents of n ruinous competition Facts and figures
| tell sorry tale for already, and we confess our
inability, in such an exigency as the present, when
the foreign market is good for nothing, and our
own harvests abundant, to sec how we can protect
ourselves not only against ruinous competition
with Canada, but a constant gut from the influx
| Of Canadian grain.
| The producers of Canada West prefer mar
kets to their own. They will send their entire
crops to New York in preference to sending them
to the cities of the St. Lawrence and the ulf and
thus force us to supply those markets with bread
stuiis at low rates and poor pay. This has already
| been done, and in common with some others who
| had not reflected upon the subject, we have been
led to exclai, in view Of it, behold how great will
| be the benefits of reciprocity! Let those who an
swer the question OF what shall do, by telling us
TO avail ourselves of the Canadian markets. bear in
mind that III addition to the difficulties should
encounter in our own, we should there be subjected
| to the difficulties incident to colonial govern
ment-the lack of cnterprse-scanty resources and
| poverty. This would be reciprocity at all If
Canada is able TO clog market now, what could
prevent her from controlling it at such time as
the present, under the reciprocity law? VIII some
one familiar with the operations Of trade inform us!
If there is nothing, then cannot believe that our
| western peope-and especially those Of them who
| live in the rich agricultural regions tributary to
| Toledo, would wish to the principle Of reci-
| procity adopted by our Congress