Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-08-29

The New York Tribune estimates that in snite or
the bounteous harvest in Wisconsin and part Of Iowa
in Texas and most Of the cotton growing regions m,
of the moderate yield in Southern Ohio Northern In
diana and Northern Illinois, we shall have the shortes,
crop Of Indian grown in the country this century
with two exceptions The first was that of 1916
caused by the extraordinary cold Of the entire
for there was snow in June nearly all over New
England, and frost in every month Of the year the
second was that of 1886, produced by the wet cold
AID backward spring. But in both of these year.,
though corn was more deficient than now, grass was
good, and potatoes better than this year. II doubt
whether the aggregate Of loss in either year was
greater than. that which now confronts u.s. The
Tribune continues:
ave estimate the total corn crop Of tho United State,
for this Of ess than thirds Of average or not
above 10 bushels per There houandt on tbo
sands OF that will not yield bushey-many in lao,
that will never be harvested at all. One heavy genera
soaking rain the LIST OF August would have added
least hundred millions OF dollars 10 the aggregate
value Of crop for the year. The total def
cheney OF the crop cannot fall below two hundred
millions Of bushels worth one hundred millions of dol ar
for much Of IL usually worth rs cent? 20 al pcr
bushsl on the farm where II s grown; aud the los. ON
roots, grass aud vegetables fail below anotbet
equal amount Ia other words the harvest Of this year
will DO worth TO the country hundred millions al
doar les than We lad 10 suppose IL would be
little month sgo This loss will not all fall on tlc
the farmers they will be partially compensated for def
cheney Of yield BE- enhancement price, but that morng
shifts part OF the burden from their shoulders 10 other
The aggregate loss Is quite severe az II fire. flood NJ
some other terrible calamity had swept propeftv WofL
two hundred millions OF dollars completely ou Of e1 -
tsnes.
Toe magnitude Of the loss Only be appreciated unor
reflection and comparison. The total cost Of the M.Ic,r
war vas computed by Nc COrwu when Secretary of bs
Treasury, two hundred aud fourteen millions, but thai
spread several years Of general prosperity willie
sixty millions Of H. by means Of national debt wss cas
upoo the future. 1he great frs Ia city in Dec 1888.
was generally held 20 have sensby contributed 10 the
Of disaster aud bankruptcy which commenced tb,
neIt year The excessive iDporlatons OF 1867 and
1856 undoubtedly most Influential In bringing on
the tremendous commercial Revision which so speed,
fol,Wed; yet t may be well questioned whether the shor
crops Of 1915 and SO not tho deeper and true
causes Of those seasons Of oslamy Not that the heavy
mporiaton' other than untimely aud inurou,
hut their III Effects greatly intensified by the conc
delt deficiency Of barVests Such imporato ~ mus
have caused trouble any how, but such aWeepIng de
vasaols ~ were actusy experienced because Of the
large demands N meet the Of goods occurring stimuli
taneously witn our extreme inability to paw We needed
all The food Ss produced, and had bnt few millions
worth OF aad other nonedble products
20 pay lor over one hundred aud fhy millions worth OF
Eurppesu metals aud fabrics imported that year
Aaih will found equally impossible tbis year to pay
&C. III tie goods already received from Europe or now on
he say. Toe means Of PAyiog for them do exit,