The daily republic., 1853-08-26
THE REPU BLIC.
Paris Correspondence Of the Republic.

Paris Correspondence Of the Republic.
PANS, August 8, 1853.
The principal subject Of interest after the Turko-
Russian complication, and one which threatens to
absorb even that inveterate imbroglio, is the i'm
pending short crop throughout the south of Eu-
rope You have heard Of the great rise in the
price of bread in Paris, and Of tho governments
recommendation to the journals to seek rather to
inspire confidence on the subject thanto create un-
easiness by telling the truth. The papers wrong
therefore in spreading abroad intelligence which
they are not sure they can substantiate, but they
publish able and studied editorials the resources
upon which the country can rely in case of ia
mine. When say famine, mean to word
more expressive than scarcity short CROP.
England il threatened us well as France. The
King Of Naples has prohibited the expectation
of breadstuffs; and day or two ago we received
an edict from Cardinal Antonelli, the Pope's Sec
retary of State, suspending expectation from the
two districts of the States of the Church, known
as the sections of the Adriatc and the Medterra-
mean. Of course England and France look to the
United States forsupplies; and the Debat thinks that
your grain dealers will realize enormous profits
during the coming season, but believes that the
prices will not attain the same imitation as in
1847. Bread is now as dear, however, as at any
period for thirty years, except during that one
winter of 1847-48.
In May of this year Count Abel Hugo, brother
and not for sale, 'sNotice upon the Period Of
Famine which Menaces France At the time
this did not appear to me to merit mention; but
word or two now will not be out of place. The
figures given are extraordinary, and evince re-
search and knowledge of statistics quite beyond
the usual application made of data and the science
of numbers. The author says that breadstutfs
will be largely deficient, and that the government,
commerce, industry, and the people at large, are
fequally threatened by the impending danger. In
Egypt the periods of abundance lasted seven years.
la period of scarcity then succeeded, which also
lasted seven years. In France these periods al
ternate, in Egypt but their duration is not over
FIVE years, or six at the outside. This is shown
by reference to certain figures, which the author
places before the eye of the reader in manner
as Ineligible succinct. He begins with the
year 1916, after the peace of 1915, and the fall of
Napoleon. Thus:
LIST period, scarcity-six years, l8l6-2l.-Ex
SOC, 900 bushels; which cost France l64 1000, 900
francs.
Cd period, abundance--six years, 1022-27.--
Excess of expectations over the importations,
3, 100000 bushels; which yielded to France 49,
530, 900 francs.
cess of importatons over expectations, 26,OOO,-
600 bushels; which cost France 2l1 $4,000
francs.
4th period abundance-fve years, 1833-37.-
Excess of expectations over the importations, q
100000 bushels; which yielded France $4,000
francs.
5th period, scarcity-fve years, 1838-42.--Ex-
cess of importations over expectations, 3,000,-
900 bushels; which yielded France 29,OO0,OOO
francs.
9th period, scarcity-Gve years, 1843-47.-Ex-
cess of importations over expectations, 52,OOO,
600 bushels; which cost France 5l5,OOO,OOO
francs.
7th period, abundance five years, 1848-52.-
he statistics for this period only refer to the first
four years; the rest are not publshed.) Excess
of expectations over importations, $4,000, 900
bushels; which yielded France l8O, 900 francs
Thus there have been eighteen years ofscarcty
and eighteen years of abundance; and the balance
against France is 705, 100000 francs. From which
it would appear that there will be a scarcity in
France from 1853 to 1858.
had written thus far when the decree on the
subject in the JMoniteur appeared. The govern
ment is taking its measures of precaution. Louis
Napoleon repeals that article of the corn law of
1882 which establishes higher import duty on
breadstuffs imported in foreign bottoms than in
French bottoms--this repeal to have effect till
the 3lst of December paragraph in the nom
official columns gives as tho motive of this decree
the scarcity of ships-the government is afraid to
say the scarcity of the crop, but it recognises it
indirectly. The next step will be to repeal the
duties altogether, for time; and if the state of
things does not improve, this will yet have to be
done. .
The public stocks fell on Saturday at the
Bourse nearly one-half per cent. Let me mem
ton the rumors which gave rise to this fall if you
will permit me to employ an expression SO incon-
sistent In the first place, consols were said to
have gone down at London, and the metallics at
Vienna; the English journals were thought to
have warlikc squint; the period which had been
fixed for the arrival Of Ncholas's S very last ultl
matum was said to be once moro adjourned; then
tho decree in the .Moniteur proved beyond a
doubt that there was to be a deficit in the crop;
Nesselrode was said to have written reply to
Drouya de L'Huys; the Ministry of War was de-
clared to be celebrating plan for the augmenta-
ton of the army, and the Moniteur of the next
day was even announced as to contain decree tor
the levy of 200 900 men; and lastly, the Russian
caveat at Beyrouth had been murdered in his bed.
None of these reports have at the present writing
been confirmed, except perhaps the downward
movement of the consols and the metallcs; if they
have fallen, let us hope that they will speedily
recover.
|
| Ten to one that they will, under the influence
Of the .Monite,r's paragraph of yesterday, an
nouncing the conclusion of the Russo Turkish
Prutho- -Danubian difficulty This paragraph was
published on Sunday morning There was no
Bourse, of course, and it was only a few months