Daily national era. [volume] (Washington, D.C.) 1854-1854, 1854-04-19
THE EFFECTS OF THE EUROPEAN WAR ON
AMERICAN COMMERCE.

The Richmond Enquirer Gays:
aThe declaration of the French and British
Governments in behalf of the commerce of
neutrals, no matter how reluctantly conceded,
will give to American enterprise the command
of the carrying trade Of the world From this
source, streams Of wealth will flow into the
country, in n measure abundantly sufficient to
couateract any depressing or disastrous tend
cncy The deficient markets Of Europe have
heretofore been supplied with corn from the
Southern Provinces Of Russia; but the COM
mcrcc Of the Danube is closed, and there il no
resource but to draw the necessary supply from
the fertile fields of the United States. The
Baltic trade, too, will fall to our share. And
when, in connection with these facts, we con-
slider the effect Of the abstraction Of SO much of
the laboring population to recruit the armies
of the belligerents, we may form an adequate
conception of the extent to which Europe will
be dependent for subsistence on the resources
OF this country.
eve might suppose that these advantages
will mainly accrue to the North but il we re-
feet how instantaneously and completely every
influence affecting the interests Of commerce
is communicated to all parts of the country,
we will conclude that the South will get ita
proportionate share Of the benefit The APP
Of cotton il exaggerated, il not groundless
England and France will take their ordinary
supply, for in this day Of civilization men must
have raiment as well as food and the opera
tons Of war will no more supersede the neces-
sity of clothing than Of eating. Besides, the
war has created an unexpected demand for
cotton Among the items Of commercial in
telligenco by the America, the following is cs.
pecially significant
"sIn all articles Of Russian produce and
their substitutes, there IL increasing excitement
The high price Of hemp will soon lead to the
use Of cotton in many fabrics for which the
former material has hitherto been employed
such as sail-cloths, &c.
$50 that the South need not feel unduly do
pressed by the actual occurrence of war in
Europe.a
The Baltimore Sun has the following:
Talio,c and Lard-Itappears from a bust
ness circular Of Sawyer, Wallace, & Co, New
York, that the imports Of tallow last year into
England from Russia amounted to $4,000, 600
pounds, being 10 per cent Of the entire Imports
from all countries and equivalent TO about
$50 900 barrels and ticrces lard. The present
war must Of course ont off all trade between
the two beligerent Powers, Russia and Eng
land. Tallow has already consequently gone
M to very high price, and in view thereof,
lard--American lard-will have to be substi-
tinted 10 a considerable extent, as it has been
heretofore under tho scarcity and high price
of tallow. ft would require not less than
A. 000, 900 hogs to produce the large quantity Of
35O. 900 barrels and ticrces Of lard, and this il
nearly double tho entire products Of this coun-
try for commercial purposes IL appears also
that England derives from Russia rs per cent
Of linsccd and flaxsced f,r oil purposes and
nearly equal in quantity to taliow. What is
likely TO be the value Of these articles in our
markets in view Of these facts, those CONVEX
SAINT with the trade are best able to Judge"