Kenosha tribune & telegraph. [volume] (Kenosha, Wis.) 1856-1859, 1857-10-15
For The Tribune & Telegraph.
IS EDITORS.


ey money few indeed have any, and those
that have, none to spare
It's a natural consequence of our entire de-
pendance on agriculture, that the produce Mar
ket should affect all business transactions. We
have to import almost everything we nse, for
which money in every instance must be paid by
the importer.
The only way open to us to get that money
is. by the expectation of orr agricultural pro-
duce. The most ignorant then of the laws that
govern commercial transactions, must immedi-
ately see how complete must be the stagnation,
in all the branches of industry around us, if, I'M
der any circumstances, produce be held back |
from market by the Farmer, and how terrible |
must be the restitution should they hold on to
the immense amount of grain in their hands now
until spring, which from appearances they seem
pretty generally determined to do.
We are now within three or four weeks of the
close of navigation. 1t is impossible to con-
ceive the probability OF any shipments being
made after that time, and we have scarcely re-
ceived one twentieth part Of the quantity of
grain usually brought into the market by this
time of the year Merchants at the east, are
failing every day on account of NJ rchants in
the west not being able to meet their engage
ments.
Merchants here are grsaning under the pres
sure of their liabilities, whilst their books are
burdened with debt upon debt, owing by Farm
ers and Others dependent on them, amounting
to thousands upon thousands of dollars. /
would ask, what are the chances Of Farmers
gaining solitary picayune, by thus holding ON
to their produce Sacrificing too, as they are
in many, very many instances, almost every
other kind of property in their possession, for
money TO meet their daily expenses and most
pressing necessities.
Let any Farmer take calm and truthful sur
vey of his position and think he will see, that
it will be much more to his advantage TO sub
NIT to present prices, thus relieving the extreme
pressure from which all are suffering than to
follow out the course being taken by many, as
mentioned above-a course the most suicidal to
be imagined.
The time is come, when the extreme prices of
the last few years must gre seay. All past time,
shows us plainly, that there is an ebb and flow
in prices just as regular as the ebb and flow of
the tide on the sea Shore and is probably like it
the effect of natural causes Grain must lead
the way in this downward tendency-iti is the
controlling power, almost everywhere, and par
ticulary so here.
1t is the first to rise, and must inevitably, be
the first to fall If this be true and correct, is it
not the hight of folly to force Cattle and Sheep
into the market, halffatted or scarcely that, at
the present prices, for the purpose of keeping
an article that there is no reasonable chance of
getting higher price for, next spring, than can
be obtained this fall Again, would not these
animals pay well, to keep, at the prices they
are being sold for, now
Every farmer that have conversed with and
that is not few assure you, agrees that there
is most extraordinarily heavy crop of Corn
this year. There are, we know, very few hogs
in the country to feed-Corn will be cheap
must be- Is not then the folly of forcing half
fattened cattle and sheep into the market pat
ent to every one.
Farmers, at least many of them, buoy them
selves up with the idea that grain must be had
for the Eastern Market this fall, at any price,
and that under the force of circumstances prices
must rise l not prepared to say at what
price Merchants afford to send forward grain
at present, but this know, that if Farmers will
show disposition to SELL Merchants will give
all the market will bear
Farmers, and many others too, fatter them
selves that there is Just much money in the |
country as ever and that necessity will bring
it out
This / consider encouraging 4 hope at the |
expense of common sense. We would all hope |
that agricultural produce would fetch good
price; not extravagant, but fair. renunerating |
prices 1t would be better for all that Farmers |
should be well paid for their labor. This year.
however fear it cannot be, and Farmers must
help bear the burden with the rest. But, to
this false hope and the basis on which it stands.
In the East, they do not and will not feel
the immediate want of, require any thing like, |
the usual amount tor consumption. According |
to the best accounts, New England has grown |
almost grain enough for her own use this year; |
a most unusual circumstance surely, but a very |
natural consequence of the high prices of the |
last few years.
California too, has more than she wants at |
home. England, France, and Germany, have, |
according to the most reliable information, re
coived a full average crop. Russia has no doubt
large quantity tor expectation, although in
some parts, from whence grain is generally ex-
ported, the crops is said 10 be Short--yet from
the latest accounts, parties are offering to con-
tract Russia wheat for the English market at
from two to three shilhngs per pushed below the
present prices,
l saw Il remark the other day, copied ! be-
leve from New York paper, that fcals were
entertained of famine in India, and that must
effect our market. This l thought was draw
ing on the peoples credulity nth a reHgcaRce.
With regard to there being much money III
this country now as ever, | would say that
that may be true-athough there is room for
great doubt on this point, on account Of the
balance of the trade having been SO much
against us.
In admitting so much, however we must
limit ourselves TO gold and silver. But uufor
tunately, perhaps, tor: u.s. the greater part of
our currency is made up ofpTonises to pays in
other words 'bank-bills"
Whether we have as much Of this kind of
money i'll this country now, ever will LET
the % Banks that have failed and suspended,
within the last month, decide-reprcsentinp at
the least a currency of from seven to eight
millions of dollars, not single dollar of which
has, at present, value i'll the market
Farmers around here will pardon nv plain
ness III dealing with this question, I lope-oth-
ers must. 1t is question that vitality affects
all. have given my views the merit of which
lies in their truthfulness.
They (the Farmers) certainly need not fear
that the grain buyers VIII make much ont of
them this fall few men like to speculate in the
face OF Il falling market, and few indeed have
the money TO spare this year; to do more than
from hand TO mouth" business Most Farm
ers are capable of Judging as to what is their
duty and interest in the premises, when thev
fairly understand their position Many no doubt
are out of debt entirely, and able TO hold their
grain if they think it their interest to do so.
Many too are owing to Merchants and trades
men in the city and countrv-sma amounts
perehance individually, but large, very large in
the aggregate.
To the former l would say, your interest is
in selling fair proportion f'your grain this
E.Tr a., fnsA /.