Burlington hawk-eye. [volume] (Burlington, Iowa) 1845-185?, 1850-05-30
Whix Prophecy Fulfilled.

Whix Prophecy Fulfilled.
There il now no demand for breadstufs from this |
country in foreign markets. Chill il raising enough
for California, and at prices that defy all competi
ton with the United States. We have it on good !
authority that at Conception, where there are ten
mills, run by first rate American machinery and at
Santiago where there are five more, and several
others in the vicinity the miers have entered i'm
to an engagement to supply company with SUI
peror Hour at the rate Of - ~ per barrel, deliver
ed At the warehouse at Valparaiso. The amount
agreed upon is $4,000 barrels per month. The mil
lers can afford to do this, as they get their wheat
At 25a 81 cents per bushel. Even rail road across
the Isthmus would hardly make our farmers COM
petiors, and long as -four has to double Cape
Horn in its transit, and the risk Of spelling as
it does, in many cases, shipments from this coun-
try with profit, will be out of the question.
Egypt, as in the days OF Moses, is now the cheap
est granary Of the world. Great Britain con now
obtain her bread stufs from that country and from
Russia, so cheap as to exclude American farmers
from her markets. At last dates wheat was down
to about so cents bushel in Liverpool, and it is
likely to continue 50. Indian corn and meal will
not be enquired for while the potatoe crop is heal
thy. This 10 the case thus far this season, as no
signs Of the potaoe rot have made their appearance.
While all this is happening, our own home mar
ket is our only resource. Every thing now in the
produce line bears an unusually high price. 1t be-
ing in second or third hands, the farmer of course
derives little benefit from these high prices. This
presents paradox. With no foreign demand for
our produce. breadstufs have not been higher than
they now, since the last with Great Britain
II may reasonably be accounted for, az far as this
portion OF the country is concerned, by the with
drawal of SO much active labor from our farms
the immense quantity required to sustain the vast
emigration to Caifornia-the inability of the farm
er to supply the ordinary demand-and the advan-
tage taken by spectators to benefit themselves by
such state Of things. To show the unhealthiness
of this position, have only to look at the prices
current in the Atlantic cities and those of the west
Here and st Louis, Flour last Saturday was % 81
per bbl., while in New York il was at the same time
IS a $5 81. Corn and corn meal bore correspond
ingly proportonate prices at the same points. Large
shipments Of Barley have been made with profit to
st Louis from New York, via the Lakes. The next
thing we expect to hear is large cargoes Of -four
finding their way from the seaboard to the vest
Shipments have already been made from New York
via the Lakes and Canal to New Orleans.
All who know any thing OF the resources Of the
West, know that such unnatural discrepancy
such carrying Goals to Newcastle policy-cannot
last. The west can and will supply the demand
hereafter. The present is very deceptive crisis,
and will be used by loco foco demagogues to favor
the perpetuation of their free trade principles, not
withstanding even in this view it is and must ap-
pear to all, antagonistic to that idea inasmuch
there is now foreign demand, and the whole pro-
duce on hand 10 required for home consumption.-
What the wings have always contended for, is now
most emphatically true-that the Home Market is
the surest and best. This has always been denied
by the loco focos.
But suppose, is anticipated, our country should
be blessed with abundant crops. The very course
pursued by the loco foco party in destroying the
valuable tariff ~, and substituting its free trade
policy, therefor, has already in great measure,
crippled the Home Market, in shutting up our own
workshops by the hundred, and turning out Of en-
ploy thousands OF hands, and of having the same
work done in English workshops by English work
men. To say nothing Of the detsiment to our Iron
Shelters and workers, the loco focos promis that
British Manufacturers would receive our produce
in return for their goods. This was an asgumsns
urged il establishing the Tariff Of as and in putting
down that Of AZ. Their Goods and their Iron are
coming by the thousand TONS but instead of receiv-
ing our produce in payment, they can do much bet
ter by taking stocks, and when they get posses
sion OF these government and corporate mortgages,
they will then begin to demand the specie.
Who does not see that this free trade policy Of
the late loco foco free trade has al
ready sold ~ to the Britishi One year more will
demonstrate the fact and show that the policy of the
whig party in protecting .stheir own workshops
and in creating permanent and healthy Home Mar
ket, is the only one that should be adopted in at
tempting to promote the prosperity of the whole
country. This policy should especially be insisted
on by the people Of the west. Our farming inter-
ests require it-our independent position requires
it. No. satisfied with the advantages derived from
Mr. Walkers free trade bonus, which the Parlia-
ment extoiled so highly, Mr. Bulwer, the British
Minister has been emboldened to ask for still great.
er privileges.
The following extract from the May number of
s:The Plough, the Loom and the Anvil" periodi-
cal which cannot be charged with partyism, should
open the eyes Of the American people, and cad them
to rally around the Wing Standard
The Greet Grain Market Of the World, and the
Canada Reciprocity Bil.-Having sacrificed the iron
manufacturers, whose product trebled in little
more than four years, furnishing large market for
the productions Of the farm and the panta ian--and
the coal miners, whose products also trebled in lit
tie more than four years, with vast to the
farmer and the planter-and having crippled the
makers of cotton and wooden cloth-and having thus
put stop to the building Of furnaces and rolling
mills, to the opening of mines, and diminished BY
three -fourths the erection Of cotton and wooden
mills under the idea that the sgrea grain market Of
the world'' to furnish better market than that
which was being supplied at home, it may not be
ass to call the attention Of readers to the pre-
sent state Of that sgreat market with view to en-
able them to calculate what the farmers have lost
by relinqushing the protection afforded them BY
the tariff Of 1912, and comparing it with what they
have gained.
Had the tariff Of 1892 remained in opera
ton, the domestic product Of iron in
its various forms, in the past twelve
months would have been greater than
it has by at least half million of tons,
worth at an average Of 500 per ton, $50, 900 900
The demand for coal, East and West,
would have been greater than it has
been by at least three million Of tons,
worth on an average, 50. 5000 900
The demand for cloth would have requr-
ed the consumption of much larger
quantities ofcot,on and wool, the sale
Of which would, in its manufactured
form, have been greater than that of
the quantity actually made by at least Ii, 000,000
The demand for cloth, and iron, and coal,
would have required the construction
of furnaces and mills, and the opening
Of mines, requiring capital Of at