Daily Nashville patriot. [volume] (Nashville, Tenn.) 1857-1858, 1857-09-30
movements OF western Produce.


It is obvious that real and permanent relief from
the monetary pressure, nov felt generally and with
more less severity in 81 commercial centres
can only be expected through the prompt aud gem
erai movement of western produce TO the sea-board
The wheat of the West, now ready or nearly ready
for Market is the substantial means Of liquidation
to which the country must look for the payment of
It's debts, the re-establishment Of confidence, and
abe restoration Of the equilibrium of trade so
sadly, and also unnecessarily disturbed. After the
wheat will come the corn, then the cotton and the
provision crops Of the country to keep up the ae-
tiVity of system of business exchanges necessary
TO the vitality Of trade. Wheat, however, is
the resource at hand and the disposition and means
20 make IL available should be looked after. Place
it in the markets Of the Atlantic seabosrd and the
process Of general liquidation will be Immediately
commenced, and be kept up by the gradual coming
forward Of the other products of the country, the
substantial wealth which It is admitted abundant
crops have placed 10 its possession. The producer
will then be able to discharge his Indebtedness to
his local creditor, the latter will pay up to the At
Lantic cities, and We, sending that produce on to
Europe, will re-establsh the current of trade, give
activity TO our mercantile transactions employment
TO our ships, and in the act of demonstrating an
ability TO do something's accomplish all that is need
ed.
UnhappiIy the distrust- existing has had the eff
feet to keep back the produce of the interior,
whilst there is alec tendency on the part of farm
ers to hold of ini the hope of better prices at
later season. We think that this effect Is calcu-
lated to ezsggerate the evil it fears, whilst the ten
dency to hold back will in the end defeat Itself
II our Western shippers, in q distrustful mood,
hole back to see first 'Who is going TO break"
they may end that in Withholding from the East
che means of substantial liquidation, disaster will
become general and prices under the influence Of
panic go below what is desirable either for them or
others like effect must result from keeping
their products away from market. The crops, it is
admitted, quite equal TO the of the coun-
try and the demand likely to come from abroad.
If the mass OF the grain crop is held back the res
suit must be beneficial only to the few who have
the sagaeity to come forward and secure the beet
prices now, whilst the greater number, catching
the infection that will arise and joining in the rush
that must ensue, will be thrown upon falling and
overstocked market. The truth is that the system
Of holding back, Of forcing the prices by a SINH
lated scarcity, parakes of the nature Of specula-
ton, and cannot be free from its dangers. The
few, more astute or more fortunate, make, the
greater number Lose.
The relief which the country now wants. We re-
peat, is an early availability Of its productive re-
sources, and to effect this object should be the
business of the press in acting upon public senti-
ment, and of our merchants and banks in affording
the necessary facilities. Let the necessary and
proper inducements be used to bring the wheat
crop promptly to market and we will begin i'm
mediatey 30 feel its recuperating effect and to see
the way out of our difficulties. The freight re-
Ourns Of our railroads are present. the true Their
mometers of our condition. and we must look to
Shem TO learn where we are and what are our pros.
pects-Balti1lore american.