Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-11-21
THE PRICE OF CORN IN FRANCE
Tux HARNEsrs N EUkofk.
From tho Paris 3 S,ls, Octobcr 81.


nARvEsrs IN EUROPE.
From the Paris S,is, Oetobee ST.
Governments consumers and spectators occupy them
selre, seriously with tho rise which has taken place duru
the last six weeks 10 the price Of coru Som
time before tho harvest prces had declined. and
generally hoped that they would What they
in 1850, 1884, and 1882 for tho crops presented due
appearance and abundance promised sueeesd scarci
ty. Tho fulfilled oil that Il caused DO hoped
the harvest abundant 10 oil Of Europe and yet
Il sooner 81, In than rise took place in England
well In Franee. in Belgium well In Spain. at
New, Hamburg, Dantsic, Naples Lubbock aud other
paccs In the arst days which followed the harvest
attempt made to expiin this economic phenomenon
BY number OF reasons which ABANDONED. Tho
labor in the fields tho hrashug Of the corn, tho
water in rivers return, in fact every year at the
epoch, and prevent the price Of wheat from
diminishing immediately afsr the harvest If il DO abun'
dsnt 1t Is evidently elsewhere that mus; seek tho
Of this dsarnes OF which speculation be
accused for il exseais macy countries DO tho
result, Of forcsalng undertaken raise prices. The price
Of corn, like OF sny other merchandise is regulated
in virtue of interchangeable principles, with respect
which Laws nearly po.s,less; sbundancs causes =
fall in prices. as scarcity necessarily causes rise
But this only takes place in normal aud regular
In the event Of tse demSud maintaining itself
in tho ordinary proportions. II may easily happen
Abundant
that Indeed is the every iio that the consumption
almost instansneonsy and rapidly than
production. The present has no, opnios
other causes otherwise would bs local. there would
hesitation in prices aud all the other articles Of food
-hose Of luxury we'll those Of hrt
rise uniformly. Europe oucs before precisely
similar phenomenon change in few the relation
between the value Of the produce Of the EARTH Of capital
aud manual labor. From tho Js 1907 1851 the price
OF the hecolitre of wheat varied in Francs from 81 62c
+f b5c, taking average OF good and toerabIe
hat O World
from its torpor; America discovered explored aud
plAged. From 1900 to 1880 the gold which TIE Spsnars
vrestcd from the OF Perd aud Mexico began to
spread throughout, all Europe aud caused ssner.
previously unknown. The bulk of the population whose
condition most wrcched, ceased 10 conieut them
selves With barley bro al ani cakes OF oats, cssauIs
nsnd all at one. exceeding the Offer. the price Of wheat
in the interval from 1861 1901 2uf ISc the hcc-
totrc The consumption Increased rapidly than the
production reaction, however, soon csue The suffer
ngs OF the population towards the end of the reign Of
Louis XIV, the rrodgaes of the regency and OF tn.
reign Louis Nv. caused dminution in the consump
tioii and from lIT2 l7SS the average of prices Was
not more than l4f 67c the hscoliue. But France
began her great revo itiou aud then whs.
IKE the discovery of moral world sud bold Carts.
topper Coumbuses rcgeneri.ed nations. did honor IA.
Dor, aud summoned all classes OF society higher de-
gree OF welfare. After days OF ,ion wars aud
SISTERS peace was established, manufactures developed
themselves, commerce extended and the number
sners increasing the price OF increased sso From
1882 10 l6iS the average l9f 100. TAs
generalization labor
duced the sane eiectsas the discovery of
increased and the condition of the ~rr,ched popu
hiioGs improved But Cause Of progress the
point Of b, comng developed Pe-uvan aud Mexican
treasures were about 20 mandate the world and cha w
sgim tic relations csiab hej the value Of
things. Ii IN lsIS that gold discovered in thr
snds OF The S'cr In 1910 an 1850 the little that
was Obtained only served to aoish the equilibrium
destroyed by the events % 1918 bu, in 1851 gold wa-
also discovered in AGsas aud since two rivers OF
gold have it were, poured immense me allie wealth or
~ "A A ia pnaa IL n,r,.
gnc, tis Eruption of gold caused resumption of com
mcrc!a acvrtv, aud industrial movement, which *
cesdei everything previously seen. Everybody bes.r
Working manufacturing, proiu.ing, conveying, aud
exchanging; everywhere nen found occupation, salaries
rose, aud consumption increased. class OF con
sumers found themselves called on to enjoy
iOr iirS babe aicu ciesnut-, barley
oats. and began TO ca; wheaton bread IL easy
count Tor the causes Of the sting desrne by reason
ing On hypothesis which would represent things
smaller scsle. Suppose province in which there
$4,000 nhsbiIsnts among whom only 10 O0u fud in the
reserve forrei b. their saving in the pro luce
dts io1F the 'n:als OF pncnasng 80 O0O hecolres o.
wheat supplied 5I the country. II you suddenly Oxen
source vi labor j. such povncs-if you produce noui,-
dance hcrc-f out o: the 5000 Parish. who pre-
tend on account OF their misery Of the 10000
hscolre5 ycu give greater degree Of comfort 2O0u
more, 10 ni evident that greater numusr Of purrna
VI" come INFO tho market, that tho relation between
the demands ana The offers viii DO chsnged and that
rise iii! take place. TnIs is what has taken place. no
OILY in France, bu: throughout sl Europe Consumption
has increased, aud agricultural production. which
from Us nature always goes slosly, has TO,
csem able 70 Increase rapidly Hence reiLu :
'csrcity ard desruos. Now is evident III Il this dear
ness will continue for with very and i1-iyuif
cant exceptions, the msrkes have been hithsrwelI sup
psd. The producers do not prCp-ry take Into ,he &c
count the causes of the risc ahj, thinking it transient
have been anxious 70 profit by IT, ard have crowded To
market to sell the produce of their harvest. TN.
pie suffice 10 show how the holders bs,e been
10 sell vs. know 10, whether il is possible TO ascert.in
"I.c;ly hc qn,uy Of corn brought To ,ud sold in tue
hh''c"s III. ke;s OF France but in Eisl.ud cou1
t-ken OF all the wheat that changer hands the
lc rkcts DIriUg tho hr.t fortnight OF me pr.- eat
moh there sold IN lad an Wales SSUo55 h.c-
irtfes ct wheat; the qu.ny sold in CO. rou ling
period last wear Was ouly 575I25 h"ctores And VET
nOtwt standing this extraordinary supply there ia, bee
rse OF about 81. 35c, per nectoliires.
Ii is, therefore, evident that il is S,rn that is
deficient; IL Is consumers who present them
selves in greater number; the demand increases ana
sellers heroine more q acting. We have sad that the
hgn r'ice will continue. The only ef.cius means OF
putting ond to would he apply forsign enepos
ami our application 10 them last year haa only lett III
Significant stock IN them. IL would appear that the re
serves Are exhausted IN as well az ia the New Word
AZ the end OF September. 1883, the wr-hous. New
iorE contained 1855 lU3 barrels OF flour and 1856 sgl
0u'hss Of wheat TN. qI,ntity the end S,ptemher
last was only 696,22l baus of1,ur and 1871 1872 bush
els oil wheat The only measures be adopted
Opinion that which the most enlightened economists hav
always demanded. Aiox the tade to suppl, t.elf freely
tie lees you seek TO Influence prices either for rise
TAU the greater the supply will De, for sellers will al
ways certain OF finding IN your markets tho real price Of
their merchandise.
THE CARS MISSION IN TIE EAST.
The ST. Petersburg Court Journal OF the Gosh, pub.
fishes an article worthy OF uocc, il confirms sort of
programme OF Rlssa's policy, and announces wi thout
ccunlocuon the objects which Russa seeks to attain
by the prcseu wsr At first states that the dem and,
made by the Western Powers Of the Porte regard TO
rights he aam. Lace