The Daily Nashville true Whig. [volume] (Nashville, Tenn.) 1851-1855, 1855-10-11
Ths CROPS in EurOps-priee Of Breadsluffs.

The price of Breadstutfs in Europe, present and
prospective, is matter of great interest at this
time in this country. The foreign commercial
journals comment with an earnestness which shows
their appreciation of the high Importance of the
subject, upon the confessed shortuess of the Euro
pean crops.
The Mark Lane Express admits as the conclusion
il is obliged to come to- from all its sources Of in
formation, that there will certainly be nothing to
spare (; but rather that large vacuum will be
qured to be filed up by foreign importations, es.
pecialy of wheat. The fall Of Sebastopo it fears,
will not be likely to form prelude to pacific nego.
tiatons with Russia; but the pride of that power
may make trustworthy and honorable treaty diff
cult and distant, and the large supplies needed by
the occupation of the Allies, will prevent a ready
and free shipment o. the stores at hand. The Lon.
don Economist says that there can be little doubt
that so far as regards the different countries in Eu
rope, the wheat crop has not realised the expecta
tons formed of it two months ago, and that, as
WHOLE it is far from being equal to the crop of 1854.
On the other hand, the deficiency, taken by itself it
thinks is not such at first sight would appear to
justify the rapid and considerable rise of prices
which had recently taken place in the markets of
Paris and London, and, sympathsing with them, in
the inferior and local markets of the west Of Ed.
rope.
1t has become an established fact that, notwith-
standing the greatly increased production of wheat
10 Great Britain, the consumption has increased in
a so much greater ratio, that the United Kingdom
does not produce in any gear enough for its o1c,
consumption. Ten years ago it was only in years
Of failure, that foreign corn came in aid of home
deficiency. Now, the consumption being so much
increased to require every year foreign corn
the price of that grown in Great Britain is deter
mined not alone by the character of the home
crops, but in great degree by the extent Of the
importations.
OF the crop Of the present year, the London
Economist says:
"With regard to the crop Of The present year,
whatever may have been anticipated as one time it
Is now, we lear, fully admitted on all hands and
with too much truth, to fall short Of that OF last
year, and in districts very considerably short
On the whole, even taking into account the most
favorable districts, it is no longer doubted that the
result of the harvest is below an average Future
prices must therefore depend upon the extent OF
the supplies which we receive from abroad. II they
are not greater than those which we have received
during the last twelve months, we must look for
the present price being at least maintained 10 this
respect so Tar as regards the continent OF Europe
We must be prepared rather to expect a decrease
IN the imports than an increase. In France the
wheat crop is more deficient than il is in this coun
try, aud the consumption has relatively increased
as much OF late years. In place. then. of any sur
plus to export, the French are at this time import
ers Of wheat, and will continue to be 50 all the ear
The countries bordering on the Mediterranean have
for many years past derived large supplies from the
Russian ports Oh the Black Sea They depended
on that source long before il was resorted TO bv
England or France. This supply has been cut OF
for great part OF last year, and is likely 20 be so
for some time to come. Those countries are there
fore, likely TO be importers rom the West, rather
than exporters. The crops In the south OF Russia,
t. under the present circumstances, they can exert
any influence at all, are extremely defective, espe
cially Of rye and oats. In Austria, goverenment
return Just published states that the grain crops
are an average, and no apprehension Is entertained
OF deficiency In northern Germany, however,
the crops Of all kinds are less or deficient, and
they are already importing grain both from neigh.
boring eOuatries 10 Europe and from the United
States. In Belgium the wheat crop Is represented
as being good bot the rye crop, which constitutes
the chief food Of the population, Is very short
Spain Is the only country In Europe which seems
20 have aa excess Of grain available for expectation
the greatest portion Of whch will be taken By /
France and the Mediterranean States"
From this gloomy view Of the crop prospects Of
Rnrnna. the Eeonomist turns 70 America as the |