Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1854-11-10
frrom ne olpsinnx,s Gazette.
WHAT SHOULD wEPAY FOR Hoosi


" 49, @tt@N<N " n = NJ ANA n@N'I
Nfspss EpiroRs.--In my eepnni {
nicatioa two months since, l, glvc my
views freely in regard 70 crops, otc..
and | have the satisfaction OF know
ing that was correct in almost every
particular. Having just returned from
q western trip. few words from actu-
al observation may not be amiss al this
time.
The quantity Of hogs throughout
the west is 20 per cent greater than
last season, Missouri is perhaps the
greatest sufferer from the failure Of
the corn crop. and her stock Of hogs
will be fatted principally upon mast.
which | find very abundant In all seq
tons which | have travelled over. In
the northern part Of Illinois. say from
Alton up, corn is abundant and at rea-
sonable prices; in the neighborhood
and upon the line OF the Chicago and
Mississippi Railroad e distance Of near
two hundred miles, thousands Of BUSH
els Of corn can be had, and all along
the line Of this road, many, very many
hogs are fattening, and | never saw
hogs doing better--in the neighbor-
hood of Peru, Peoria, Terre Hsate,
Lafayette, hogs are fine and abund-
ant. Now taking Kentucky, Ohio, In
diana, Illinois. Missouri and Tennes-
see, we have an increase Of over one
and half millions Of Hogs over last
season-the question now arises, What
is TO be done with the manufactured
article? Where are we TO find mar
ket? As all Of our markets at home
and abroad are stocked with old stock,
not excepting our own city,-as Isaid
in my former communication, England
viii want none from US, unless at ex-
tremely low rates. California viii not
be in as she can raise and manufacture
her own supplies; the South has at
last learned the secret and asks none
from US; this fact proves itself.
We have been unable to get any
thing out Of our river for six months
past; Notwithstanding this. no materi-
al advance has taken place. and large
stocks are now held in N. Orleans own
eddy packers on the Mississippi and
Illinois rivers; true slight advance
has just taken place which will cause
shipments to be made from New York,
where immense stocks arc held, now
with large or moderate stocks in the
South still great in the East, and no
meager supply in our own city, but
large at this season Of the year, and
with the ruling prices at these points
with the panic in our money market
no chartered banks in our city where
good men can get accommodations at
fair rates. but be compelled to pay
from 10 3 per cent per month, and
then only upon the best security. /
speak candidly when l say with all
these facts staring US in the face
what can we pay for hogs the coming
season and be safe? The farmer has
had both reins and whip for the past
three years. and we have been dashed
until We can stand il no longer, and
are obliged TO cry out! (Still we can
blame no one but ourselyes') These
are facts that cannot be disputed. and
while here in this connection, | cannot
but condemn the system of Brokerage
in our cits-they are gentlemen, there
fore. upon that | have nothing to say;
but speak Of the system as operating
with great force against the packers in
many ways. Who is there that is
buying that would much prefer buying
from the owner of the hogs, or the
packer Of the meat in person, both be-
ing able to ask and answer all ques-
tons satisfactory to both parties, and
thus prevent the many. very many un-
pleasant mistakes AMI bubbles that
arise through the other channel; this
can be done, and on change the place
to do il.
Now | repeat the question again.
What can we pay the farmer or dro-
yer for his hogs? Not what will we
pay and run the chances for better or
for worse. anticipating ONE great bat
tie where we expected TO feed some
large army. in a horny butsimply come
down TO matters Of fact, whaf can zoe
pay for hogs tbs season, and make a
reasonable profit? Ny candid opinion
with all facts before me is thatno mon
ey can be made at over 3 dollars
Let US think these matters over candid
ly and give it due reflection.
In conclusion, l beg leave to say. |
am not interested to the amount of one
dollar in provisions, nor dol expect to
be- am not a packer nor specula-
tor in the Article. l have frequently
made use Of the word zoe, but only for
the purpose Of making my arguments
stronger.
l have already spun this out longer
than | intended, consider me, there
fore, mere locker on, having the in
terest Of the packer at heart.
Respectfully,
MAJOR.