Daily Davenport gazette. [volume] (Davenport, Iowa) 1854-1855, 1855-10-10
davenport. Wednesday. October 10, 1885.
nHNAIp roa BREADsTuFrs- ITS Kr-
YErTs


will be deficiency Of breadetut's Ia Gen.
trail and Southern Europe, and that the
grain crop in Great Britain was consider
ahly less than had been calculated. The
London Times locks to this country for sup
plies to NEE, the deficiency. |, says that
very large orders Cor hreadssalss have al
ready been tran United hiiher for The French
market, and thinks iha, under these ciream-
stances the prices Of grain will be consid-
Ably above the average in the English and
continental markets during The present
year.
One effect oil this large anticipated ex-
ror,a,ien OF byeadstafis from this country
10 NEE, the foreign demand, vii! De to cheek
the course of the tide which for SO long
time has been steadily carrying the precious
metals from the United States to Europe
and some Of the English papers think
NOR. than probable that during the coming
! winter and spring, exchange between En-
gland and the rpited States will be in Ia
yor Of the latter, and there will consequent
~ be. TO considerable ex emit, return OF
some Of the many millions OF specie which
we have been year after year sending ever
10 meet the balance against as. Inst TINS
balance has in many cases been so enor-
nous, has been owing to the uapreeedens-
edly exuavagan; import atoms which were
last year partially checked by the ina
h,Hty of the importers to obtain further
credit, or rather by the Inability OF Their
home customers to buy the goods imported;
aud We suspec, tia, II the means Of the lat
ter were increased by the enhanced value
of our exports. luxury would be as exact
ing as ever, and extravaganza rnn riot vita
license il had no, yet displayed Any
thing ike reasonable economy would
have prevented the large balance against
us which has existed. and the consequent
continuous drain Of the precious metals;
bat IL that economy t.d no. exist when the
trade was against Us, We sec little reason
to anticipate it, practice when i comes 10
be 10 cur favor. Il viii be agreeable, how
ever. 10 state that such snl such steamers
brought 50 many millions westward, in
stead Of the reverse, aud interesting 10 wit
NESS how Tie experiment will operate, and
was, e.ec, j, viii have upon the general
prosperity OF the country.
b, however these things may be, one
fac, is certain, that the grain growers OF
this country viii be largely and directly
benefited BY this foreign demand. What
ever inaations and ecceatrcilies prospect
~ may produce among the Specializing and
the extraysglnt who reside nearer the
sources of commercial operations, the adj
vantages accruirg 10 the farmers will be
based upon a stable foundation, and will
doubtless be used by them with prudence
and good sense which seems 10 spring nat
urslly from their close connection with the (
soil. Speculation has for them few charms, /
and their firm footing on the earth gives
them stability which cannot be maintain
ca BY those standing on the dizzy heights
Of adventurous enterprise. In this general
prosperity which all the probabilities prom
ice 10 producers, the farmers OF Iowa viii
OF course be sharers. Existing railroad
facilities give them. TO great degree, the
advantages of New York and Eastern pri-
ces, and before the close OF the present
seasons grain msrset, the Mississippi and
Missouri Railroad viii have enabled much
lurger number TO profit by direct railroad
Communication with the eastern markets.
Our farmers have been highly prosperous
Of late, and we congratulate them on the
signs which Indicate that their prosperity
will 60 on increasing.