Tribune and telegraph. [volume] (Kenosha, Wis.) 1855-1856, 1856-04-03
Correspondents a friBa1s q Telegraph
TOLEDO O., March 27th, 1856

TOLEDO, O., March 27th, 1856.
MEssRs. EDlToRs:- @
In the summer of 1855,
in reply to an article of yours, / gave some
opinions. borne out by the subsequent markets,
in regard to the future prices of breadstuffs
which yon did me the honor to publish, accom-
panied by a somewhat iattcring editorial notice
again take the liberty of writing on the sub
ject, leaving to your own feelings, the DISPOSE
ten of the contents EFE
The Eastern war and its uncertain duration,
and the not abundant crops of the proceeding
year. led me at that time to express the opinion
that prices would remain high mp to the close of
lake navigation. Also ! stated as matter OF
fact that the crops of this Country the proceed
ing year had not been abundant when taken in
the aggregate, and that the amount we were
able to supply for Expectation could be but
small unless called out by high prices.
The harvest of the past year in Europe was not
superior, probably less than the proceeding, but
in this country was one OK great abundance
True, in localities the wheat-crop was much in
jured by wet weather, but the quantity was not
reduced. In the article of wheat the lowest es-
innate have seen was an excess over any for
mer crop, and in Maize or Indian Corn more
than doubled. Other grains at least were as
good as in former years, but as they are control
led in price almost entirely by demand for con-
sumption in our own country, it il enough to
suppose there can be no scarcity, or advance in
prices.
1t appears almost certainty that the ques-
ton of war is nearly settled as to allow it to
be taken for granted that peace is to be the. re-
suit of the conference now in session at Paris.
After taking into consideration these princi-
pal facts with many minor ones that every one
can readily see without the trouble of enumcra-
ton here, the present marked decline in these
articles appears TO be plainly governed by the
inevitable laws of trade, and against which the
power of combination is but as pigmy to a gi-
ant. III may be allowed to express an opinion
in regard to the future, though willing to admit
that it is not so clear as last year, should say
that Maize would not vary much for the next
four months form an average of about the pres
ent figures in New York City varied in the west
according to the cost of transit; that wheat and
-four may now be considered at about the low est
point,and that any changes TO occur would most
likely be an advance, but that no hopes of last
years prices or anything near can reasonably
be entertained Nor is it desirable they should
be. The present rates are highly remunerative
to the prod ucer, and as high as can well be
borne by the consumer.
With a resumption of the war, highly improb-
able, can not bring myself to see any cause to
greatly appreciate above present rates prices OF
these articles, which | can see many to prevent
such appreciation. Such as the scarcity of men
ey, shown by the greatly enhanced rate finter-
est, the inability Of consumers to pay eAtrava-
gantly high pIices, and the use of many substi-
tutes that at first distasteful, have come to he
palatable and agreeable
set myself up for no prophet, but venture
the little knowledge have of these affairs in
saying that / believe time will bear me out in
the suggestions have so hastily thrown on pa
per. At the same time ! will go farther and
venture the opinion that it Is almost impossible
unless our Government commits the atrocious
bIunder of getting up a row with England, that
prices can for many years recede to the extreme
low figures of 30, 81 and %, nor so low, but
with good average crops the producers will be
well rcmuncrated for their capital and labor
Yours Truly,