, 1855-08-03
Produce--A Market, sc.


Ever since the discovery of gold on the
shores of the Pacific, and tho admission Of
California into the sistcrhood of the States,
excessive importation has operated more to
bar our substantial progress than all the
other ills incident to our infant State
Within the last year, however, consider
able change has taken place. We have
raised breadstuffs more than sufficient for
the support of our own population, and
had it not been for a fortunate combination
Of circumstances, the surplus of our pro-
duce might have been dead loss. To
raise sufficient for the support of our own
population is, to be sure, an evidence Of
prosperity. aud if there be market for
the sale Of our surplus produce, it follows
as a matter Of course that that prosperity
will be greatly enhanced. five can retain
among ourselves the gold dug from our
rich placers, and if the expectation of our
breadstuffs equals in value the luxuries
Which we import, II is evident that we must
become before long the richest people in
the world. Under such circumstances, the
wealth derived from our mines would be q
clear profit. 1t must he admitted that the
state Of affairs throughout the world at the
present time is exceedingly favorable for
our advancement. At the commencement
of the war in Europe it was thought that,
situated as VIC are on the distant shores Of
the Pacific, It you'd be impossible for us to
participate in the benefits which the United
States would derive from the continuance
Of the war Subsequent events have dem
onstrated the weakness Of these conclu-
sions. The war in Europe has drawn to
tho battle field those who were formerly
engaged in tilling the ground, and agricul-
ture languishes The demand upon the
United States for brcadstuffs has Of course
quadrnpled, and to supply to a certain ex.
tent the deficiency in the Eastern States
caused by the increased demand from Eu.
rope was at first the great object of our
ambition. Recently, however, we have
commenced to carve out q new outlet fol
the expectation of our surplus produce, and
the experiment of shipping wheat and foul
to Liverpool has been made. The indca'
tions at present are that those who have
engaged in this business will reap colder
fruits from the enterprise. The war in
Europe has also checked the expectation
Of breadstuffs TO Australia, and we are
therefore called upon to make up the def
cheney, and hence the extensive shipments
to that quarter of the world. The war il
China has been attended with the same re
sulte. Rice, which in the Celestial Empire
Is considered to be the staff of life, is Civ
ing out, and though large supplies can bt
drawn from the East Indies for the sup
port Of the three hundred and forty mill
ions Of human beings who dwell within tht
Great Wall, the enhanced price for rice
which this demand will produce. will ena
ble us to ship some Of our wheat and houl
to China, and as beggars cannot very vel
afford to !be dainty in their appetites, il
may before long happen that Chinamar
viii prefer to eat loaf of good bread
rather than starve for want of rice. Th,
abolishment Of slavery in Peru cannot fai
to contribute to our advancement. Expe
rience has shown that those countries il
which a general emancipation has taker
place have been reduced to the most pitia
be condition. The emancipation Of Tn,
slaves in Peru will be severe blow to III,
agriculture Of that State, and the export
Of our rival, Chile, will Of course be great
iy reduced during the present year in con
sequence of the increased demand 70
breadstuffs nearer home. :, From a review
Of the affairs of the world generally, AM
those in particular which exercise an inGu
ence upon our prosperity, itmust be admit
ted that at the present time there is mucl
room for congratulations
l..s1.