New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-08
LETTER VII.

LETTER VII 80
No truth In Silence Dir. President, - more reaaiy
snscep,ibe Of Demonstration than that Of the liability
Of he man who must go 20 market for me payment
Of the cost of getting there. 1t Is one when .da
renee teaches every farmer; and one, 700, ina %
student NAV find demonstrated by Adam sihllh' ~.
corn that il twenty thirty miles distant rom
sells for as many cents less, per bneh'I unan tna,
which IL close TO market and the potatoes tnat arc
hundred miles from Market arc ah9 90 20 oan,s
while those raised it, eel for 81 or ~ cenls a
bushal-the difference between the two being the TAX
Of transport alton. =, >. A.. Tho
Another and equally important truth IS, Una. ;ne
xrce of the whole crop is dependent upon that "icu
san he obtained for the little surplus that must 90
abroad; or paid for the mall quantity that nast oe
drought from distance GIVE 70 any & nonrad
ana the crop will fell the level Of the price that can
be obtained abroad for those few bushels-aithongh
eonstii utiug perhaps but per cent OF the whole LET
ahe same district in the following year. require TO- 900
additional bushels and the whole Will rise TO the Level
OF the price at which they can be obtaned-the dill
ference between the two being, perhaps as follows;
Adm.tins the crop be 10000 bushels, and that the
Irce whsn there neither surplus defci"ncy
sss sysn teSs srsei and sirp. caa. Be- sen:
70 eisn2e the price will ia TO aoents-5'ng Tor %, o
~, e 0"T s... :ma and 10 m .bc. 6tiaefred
from distance, the price will be 81 S-g'ins ior o., m
go 900 bushels N%,JO
The question here, between a high and low price
differing 10 the extentO 61s per CENTS dependent
altogether upon the existence ot demand slightly
below or above the quantity produced The former
wac the cODOHiOn OF the PtoPt VI Nt'"' ID ''" az
The period referred to-the supply having been
slightly in excess Of the demand, and that excess
compelling them TO 60 to distant market with some
or per cent of the crop, the price received for
which liked the price Of all They, themselves, too,
were constantly aiding in the depression of prices in
ihat Market aud he they sent The less ney ob-
taiaed for 4. So long as the prices in the home mar
bet were regulated by those IN the foreign one, it
would have been more profitable TO them, to have
thrown the surplus into the than to have sold it,
Identical with this the condition Of the Amer
Sean farmer and therefore il il that while the price Of
Sood--the raw material OF lsbor-is steadily rising in
France, Denmark, Germany, Spain and Russia, II
here a. steadily declines. Similar, too il their condi
ton in this, that the whole quantity for which fop
eign market must be found is 50 small that. it
altogether wasted the loss would be uniclt. Its
waste indeed, would be productive of great advan-
tage 10 the farmer; for long all domestic prices
are fixed by foreign markets. the effect of this trivial
export in crushing the foreign farmers by reduction
OF their prices s accompanied by core POnding
iucton Of the domestic ones-the loss thence arising
extending itself TO the whole Of the food produced.
The total amount Of food of all descriptions exported
from the United States and the prices of -four at the
corresponding dates, have been az follOws: