The Tiffin tribune. [volume] (Tiffin, Ohio) 1848-1859, 1857-06-26

MN|N NaAtNN- A"""
hsoccasios of ~ present high price,
Of aoA,iy M lbs iadispensubles Of life, Is
thssn6 box % much discussion, among
iaecrsla. as won au consumers tbem-
selves. l,ish grave question-One that
adeols the pockets Of every man. ltpre-
vents i,self in every barrel Of iioui. IN ey-
sry gallon of molsssos, 10 every pound Of
tea. coffee and sugar that We buy. II is
Sud on onr table a. every meal, TO be Ia
ken up and discussed, simultaneously
with pork and beans, although not quite
n, pAlatablo. The poor feel it most sen.
sibly, and even uieu ofliberal means end
shs demand upon their pockets alarming
" on the increase. Although all agree,
A. 70 the baei in question. yet various rea.
sons are assigned, as tho cause Of which
lhe effect is natural consequences. We
however are Of opinion shat the pres.
ems high prices arc not the resultant Of
any QUO Gauss but Of several causes or
forces acting together some Of which we
will briefly euumento.
Fgrsi-supply aud demand. These
not directly, although in the inverse or
der. upon the cost Of an article When
the supply is limited or ,ho demand in
oresoed .other things remaining she same,
she price Is enhanced aud when both these
oAuses conspire together, Che effect is In
tensifod, Now what are the facls9 Du.
ring The last two years. while the demand
has boon steadily increasing, by the ra-
tio Of population and the constant influx
from foreign shores. she supply has been
Curiailed, Tho crops, in the Mississippi
valley aud IN fact throughout the whole
country have proved signal failure. The
result is that those articles Of general
consumption have become very scarce
and consequently very dear. A host Of
gaping mouths and enpIy stomaohs have
presented themselves and nothing 10 GIL
them. Hundreds have boeu reduced TO
aosual starvation aud some have died in
consequence.
.Seeoad-Consumers ann produces. In
this age Of new tangled notions, real, pro.
dustiVe labor is becoming disreputSble
Men are leaving their work shops aud
farms to run after butterfly spooulalions
aud delusive fanuios, while the plow, the
loom and the anvil stand idle. The pro.
fsSsions are crowded TO oyeraowing with
brainless quaoks-some are spooulAting
IN western lRnds--some are hunting gold
in Cslifornia---tomo are living OF fat Off =
oes and hired salaries. while others are
running wild after stocks. bonds and pat
ent rights. In short every business
counts its devOteos by the thousand, OK
cepl that which demands effective man
ual labor. All these must DO clothed and
fed by the remaining few, who till the
soil aud ply the shuttle. Add to this the
thousands, who, durinS the pAsI year,
have loft their homes in the east to settle
in Kansas, Nebraska and Minnesota and
who have not yet become producers. aud
il is ea0y 10 see sha. prices must advance,
Third Tho circulating medium has
greatly increased by acoessions Of gold
from California and Australia. This has
= direct tendency 20 raise the price Of ar.
iicles; not because they are actually dear.
~, but because money is cheaper aud plon-
tieT. Money is only useful as an article
Of exchange aud when there Is Gn excess
Of IL in market il takes moro ofitto trans.
act certain business than before. Il
has been found that the annual produc.
zion Of gold in each Of the countries
named is about sixty millions Of dollars,
A great portion Of this enters as money
into the channels Of trade, II is easy to
fOrssse the result. The equilibrium will
be temporarily destrOyed--prioss will
nuotuate and articles OF general use win
take higher nominal value. But while
the cost Of living is enhanced. labor Of
all kinds cOmmends better wages. go that
upon the whole. we cannot see shat any
body is particularly the lOosOr on this ac.
count.
These are some Of the causes of the
present high prices, so much complained
Of; and while these causes exist they can.
not be made lower. Let those, who are
complaining Of hard times. 60 to work.
iill .he soil and earn their own bread by
the sweat Of their brows. aud. with the
blessing Of Providence on their iabors.
the evil will cease 10 exist.
70 An Indignation meeting was held
IN Columbus, on Thursday evening. June
18th. 70 take iato consideration .he late
Treasury irauds. The meeting was ad.
dressed by Messrs II. b. carrinR.on s.
S. Cox, Wm. Dennison. VIM. Trevi,..
W. 4. BAscom, Henry Miller and Gen.
Geigor. Resolutions were passed deplo
ling the fraud and expressing dotermi
nation 10 punish the guilty party. Co,