Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1850-01-31
For the Times.
TO THE HEMP FARMERS.

In the last number Of tbs "Glasgow
Weekly Times" saw an article. under the
commercial head, stating j, es the general
impression, tina. the present crop Of hemp
would open at $50 per ton. Some time
since, in the same paper, another article CO.
pied from the Lexington (Ky) Observer"
was published, which contained extracts
from letters from Charleston, S. c., Mobile
Alabama. and New Orleans. La, ell quo,
ting great depression in Begging and Rope,
and otherwise so worded as 10 FIX the inn
preston that reduction 10 Hemp was inev.
table. have also seen a letter from St.
Louis. which contain, elegraphic dispatches
from Lexington, Frankfort and Louisville,
all. with remarkable precision, fixing the
spring price a. $50; and the writer from ST.
Louis. ventures the assurance that $50. or
less, will be the spring price in St. Louis.
have seen another letter, from New York.
in the way Of csulion from commission
merchant there. 10 their friends in this state.
warning them OF an effort on the part OF
northern manufacturers to "break down the
price,"
The facts above stated. suggest few re.
Elections, which may be useful TO the produ.
GERS Of Hemp, and at least can do no harm.
In the first place, it is quite certain that no
producer has been engaged in circulating The
information above quoted, and | am OF opin.
ion do no injustice, when attribute the
whole matter 10 combination OF heavy
manufacturers.
make no particular objection to this
movement on their psIt II is their right 10
protect their own interest, by legitimate
means. and fair argument. bu. the press,
hope, 10 open 10 farmers as well as msnufac.
turers, and when both parties have the same
information. and all the information within
their reach, the laws Of supply and demand,
and no. an arbitrary com bina.on, will 61 the
price.
| set out, then, with the declaration, thai
nothing exists in this respect, which should
depress the price. this year. below 500
and if every producer will act with in,elIi.
gence and frmness, that will DO tho price
The present price Of cotton, it il sure, with
the prospective demand. will cause heav,
concentration on tina. staple. and am vel
satisfied there will moi be pound OF sur
plus Hemp in the Union, ct the close Q
the season. This being the case, no in,sli
gent farmer need be assured of 500, o
more, unless :hsy tamely agree 10 yield T.
manufacturers what is justly their own.
! The history Of lhe Hemp trade, in ls4e
is cot forgotten, and should be REQUIRED to
Then, ss now. the combination publication
went tho ROUNDS, the Kentucky manufac'u
rers, in aid of il, ws2t 50 fer as TO clos
their factories on the farmers. '0htle he'
agents were busy in ibuying our Hem
al lOD prices: and they succeeded in ss'
ting possession Of nearly the entire crop a
from $40 to rs. The result was a tremen
dous advance in begging and rope. end enor'
nous profits to all engaged in the business
And the same game is being played g. pre-
sent. the success Of which will depend upon
the holders in Kentucky and Missouri,
propose, therefore, tina. our Hemp be
carefully prepared for marke!,-bu! no sale
be made at destructive price, until we are
we'll assured that the laws Of trade, OF supply
and demand, require the sacrifice. The
whole matter, presume, will be understood
between this and the LIST Of June, and about
that time. the Missouri river will DO 10 BET
Ter condition than any other.
AHEMP GROWER.
bBeinga subscriber 10 the missouri
Republican" request the editors thereof
10 copy the above. A.H.G.