New-York daily tribune., 1854-09-06
THE CROPS AND sPECULATIoys.

1t is not many weeks aimee THE TRIBUNE was
rebuked by Baltimore cotempOrary for an al
legged violation of decOrum in characterizing
statement OF Senator Douglas in a Nebraska
speech in this City as false and csumniOus 1t
was in vain that we pleaded the exact, literal
truth of our charge, and offered to prove that we
and those with whom We act had indeed been
grossly beied by the Illinois demagogue-Our
Baltimore monitor could not take any such plead
iDgs into account, but insisted that, no matter
what proy0catOns were given, journal had no
right to brand the statement of a Senator of the
United States as false ard slanderous. We were
therefore somewhat surprised to read in a more
recent Issue Of The Baltimore Patrio. as follows:
The WHEAT AND CoRS CRoPs.-Although we
are far from undertaking the very serious damage TO
the crops by the severe August drouth, yet we are
quite little disposed to admit the truth Of al the
gloomy pictures of the present and still more gloomy
vetieiIatOns OF the future with which some OF the
journals are filled. Ii Is well-known fact TO the
busLess world that there - bulls" and bears" as
well III grain and four in fancy stocks; and that
immense sums OF money are yearly lost and won by
sIecuatOns in the necessaries Of life IL follows ia
e'tsby tat the same class OF newspapers which are
employed by operators tO effect the value oi stocks
ana other securities will carry out the same course in
Tcslect 10 grain and breaistuifs The method by
which they principally act is 10 collect and mass to-
geiher every tqr0T0be account from the country
pres; and when hese not sufficiently plentiful TO
manufacture them 10 suit the emergency-1hie every
pICste account ls carefully suppressed Thus the
material for panic is lsid-while a few adroitly-
constructed leaders, aimed at the ever susceptible
fear. Of the commercial world, complete the work.
Among the journals most consistent and most ac-
i've ln tLs Gngra;sial work Of parey wing trade and
clscourag lng industry, TIE NEw-YORK rRIBCSE has
ever been conspicuous Its leadin, proprietors and
stockholders are largely engaged in speculatons of
various kibds-baDks, stocks, coal mines, provisions
&c.-aId tie regular line Of their operations i uni
fCrmly with the bears" Consequently THE TRIBUNE
with lis immense circulation and the reputation for
good faith Hhch the apparent frankness and sincerity
Of lie political editor have conferred upon IT, has
gigantic power for mischief and annually depreciates
commercial AID agricultural values throughout the
couniry 10 the extent Of millions These facts reguire
imIeratiyely 10 be known, for the protection OF all
elasses Of the community
Remarks.
We ask confederate persons TO yell us 10 what
amer those who are sssaled and slandered a.
above are to protect their regulations without
violating the Baltimore canOns of etiquette. We
and those who think with U.s. were most wantoaly
accused sy Douglas of demanding privileges for
negroes in the Territories which we denied 70
white men-an accusation at once groundless and
most damaging and because We repelled the cal.
umny in the most direct and emphatic terms.
We were charged with discourtesy and uniusti6.
able rudeness. Next, Tie Patriot makes ch.rres
against Us Of the grossest nflelity to high pub.
lie trust-charges which if true, would Justly
strip Us of all patronage and consideration and
eon'isn Us to enduring infamy-and yet We can