Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1853-10-31
RICHMOND WING.
,,,nN,,.,
ro CORRESPONDENT.
The Price Of Wheat.

singular state of things has existed since the ar
rival OF the steamer, which cn Liverpool the Sti Of
October Although every particle OF intelligence re-.
lating broadsiuis, brought 10y that steamer was Of
n character 10 enhance the price Of grain the price
continued to 60 down The news Of the short crops
in England and all over the Continent more than
confirmed France usually grain.eNporting coun.
try-had opened its ports temporarily at frSt-and
then until the 3lst Of next July. An incident wh-
out precedent in our memory. Egypt from the
tunes Of the PharaohS, the granary Of the world
had forbidden the export of grain. Italy, which in
modern days. on account of its genial climate and
fertile SOIL has been uniform cXportcr-iS an
importer. The kingdom Of Naples has opened its
ports until next year. and the Government; is going
into the market itself TO prevent famine. The Pope
himself-who acts with close list in politics
ligion--has been forced, by the threatening nmi-
Of starvation, 10 open his ports. In Germany,
and the country the Baltic, the reported scarcity
of the crops fully conlircd. The concentration
of troops the Danube had rendered it certain that
whatever might be the redundant production in that
region, there would be little for shipment
and this without regard to actual hoSiitcs.
But, notwithstanding this cumulative evidence, that
wheat wuuid commend as much money abroul the
people of Europe could pay for it, the price declined
in our markets. The London money market said
10 be tight and some stock gamblers in New York
had been compelled to 60 10y the board. These were
the only assigned for the Decline that We
have heard.
Our farmers, however, must see that there are
some Other rcaSons-and those reasons are in great
degree owing 10 themselves. There is a want OF con
cert among themselves, which exposes them unpro-
tected to the mercy of the SPECTATORS When an ad-
vance in the price is reported they all, from every
quarter, push their wheat to market-the railroad
depots are crowded. and the basin filled with boats
loaded with wheat They must then sell or store
The latter operation attended with loss and expense
which, sooner than incur the most Of them sub =
NIT to a reduction Of price. Cannot the Agricultural
Society of the State suggest some remedy for this
evil Would not the establishment of warehouses
for grain somewhat the principle of the to
bacco warehouses; tend 10 obvialc the cyly In case
Of temporary gut farmers then could store their grain
without loss, and wait until it could coInrnand its
value.
The Society is now in town in great force, and we
throw out the suggestion for the consideration of
bers. Wiser heads may devise some other cxpedcnt
more eficaciouS; all deeply Interested in the
matter, we trust they will give it very earnest consid
Grafton.
The news by the Niagara TO the 18th shows that
the temporary depress IN, reported to exist in Liver
pool on the sth, hal disappeared. Wheat was worth
in that market from .'s Cd to lu, 3I-cquiyasut To
500. - or oar money "" Ia Not know what
1t costs to carry buShel of wheat from Richmond TO
Liverpool but we had not supposed it would amount
TO any thing like the difference b,twec, th. ,r,sept
prices at the two places.
In the present state OF Acknowledged scarcity
throughout Europe, do not see any probability OF
the price being lower. Ca the contrary, the NOR,
advanced the season, the dcarcr the article must he
come. England has not now, as she had durin. the
Corn-laws, large stocks laid " in bon for times of
want. She is living from hand 10 Neutrality-suspicious.
only making provision for the neceSsitie; OF tn. ,la,
Such is the in all the other countries of Euopc
The Emperor Of France dill, after making. tlrourb
his press false statements OF the crops in that coun
try to deceive England aud other countries. make
some purchases; but they were no; su'li cnt to sup
ply his army and navy. lie was compelled to follow
1t u? by decree opening French ports until mex,
August-both for grain and saltel meats
But we may expect spectators 10 play their old
tricks, and take every possible adyantag. Of farmers
We SHOULD be on guard, and until very conclusive
proof is furnished that Europe has food enough for
Its people turn deaf to discoufag.n, reports
As soon spectators shall have succeeded in t;in,
the wheat out Of farmers hands at low figure we
shall hear very different tale from them Our con-
vcton is unsh7kcn, that before March wheat will lie
~ and the Use; but every man mus, iulgc for him.
self