The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-16

present season. The influx into this
single port of nearly fifty thousand emf
grants 10 single month-the bulk of them from
Germany and Ireland-is an item of consump-
ton which should not be overlooked by our
farmers in their estimates of the cash value of
potatoes Cobbett abused the potato as a
"dirty root" 1t is the prince of vegetables,
for upon pinch it is equivalent to bread and
meat combined. $50
BREAD" said Boniface, "bread, gentlemen,
is the staff of life." And SO it has been from
the epoch of the unleavened cakes of the He
brew patrarchs down to the homemade loaf
and the bakers French twist of the present
day. Ours is bread producing and bread
exporting country in the CO nprehensive sense
of the term, According to Wall street esti-
mates, the higher the prices of breadstuffs and
provisions the greater the benefit to the whole
community from the balance of trade thus ore
ated to our credit But we are rather inclined
to the doctrine that the cheaper the means of
subsistence the happier the people who enjoy
them. Ten dollars a barrel for -four may en-
rich the farmer and the speculator, but the
masses of the bread consumers, especially in
large cities, can hardly be convinced that this
high price is to their advantage. In this light,
while our bread-producing farmers have q
direct financial interest in the prolongation and
evaporation Of the European war into
general conflict, nine-tenths of the Ameri-
can people have more immediate interest in
the question of peace, and the reduction of
breadstuffs and provisions to the schedule of
the peace establishment 1t is an unhealthy
state of things which enriches the few to the
prejudice Of the many and a balance of trade
secured by cruel exactions upon the poor is
scarcely to be desired.
We have, therefore, no regrets to express
for the general declining tendency in breadstuhs;
nor shall we be inconsolable should the pacific
movement Of Austria and Prussia result in a
still further reduction of wheat, -four, corn,
beef, pork, bacon and potatoes. Should Russia
be speedily brought to treaty of peace, and
should the aforesaid articles fall to reasonable
prices we shall not even then despair concern
ing the chances of our farmers. They have a
goodly heritage-they have the promise of
abundant crops of all kinds and we are quite
sure they will be content with the fair profits
Of peace, though they might prefer the con-
tinued slaughter of the Turks, Greeks, Crcas-
slams and Russians, and French and nglish,
with the addition Of the royal Austrians and
Prussians, and the revolutionary elements of
Germany, Italy and Hungary involved in the
business of mutual determination. At all
events, the prospect for higher prices depends
upon the prospects of the war; and they, upon
the whole, are decidedly in favor of peace.
NEW HAMPSHIRE PoLTrIos-THE SENATORIAL
ELECr1oN--Considerable interest is felt in poll
teal circles relative to the approaching Senate
rial election in New Hampshire. The administra-
ton is also looking with anxiety to that quar-
ter, and President Pierce undoubtedly expects
that his guard at Concord will be able to whip
in majority of the House to the election of
his candidates, Harry Hubbard and John S.
Wells.
It is unfortunate for President Pierce's hopes
that all the democratic members of the New
Hampshire Legislature do not possess that con-
fidence in his infallibility which they might
have had two years ago. They see that he has
not covered his native State with glory that
however clever he may have been in managing
New Hampshire politics, he has not been able
to keep q straight reckoning since he has no.
minally held the helm of State; and that the
ship having been condemned by the American
people, they are expected to furnish new planks,
in the hope that thereby she may be able to
struggle little while longer. They, however,
think with the great majority of the people,
that the officers, Pierce, Marcy and SO forth, are
altogether incompetent; that as far as they are
concerned, the ship of State might have gone
on the breakers or to some worse place a long
time ago.
Then there are several nominal democrats
pretty strongly tinctured with abolitionism
These gentlemen will be very likely to
bolt, if Nebraska candidates are pressed
forward by the democrats. On the other
hand, unless two straight Nebraska men
are elected the administration will be
defeated. The administration papers in New
Hampshire told the people before the election,
last March, that Nebraska was not test ques-
ton. We told them that it was the only test
question, and that they should come out upon
the broad constitutional platform; then stadd
or fall as the case might be. If they were
beaten, the defeat would have been much more
preferable than the uncertain, trimming, dodg-
ing, dangerous system of tactics which they
are compelled to adopt now.
Speculations at this time upon the issue of
the Senatorial election must be vague. The
case stands thus The democrats have ma
jority Of three in the House, but they are not
sure Of several members on the Nebraska ques-
ton. The coalition between the wings and
abolitionists is perfect, and it is stated that in
order to get the votes of the anti-Nebraska
democrats, the wings and their woolly friends
will cast their votes fer George W. Morrison
and Joel Eastman. Mr.. Morrison lisa democrat,