Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1858-07-24
NOTES ON THE TINES FAILURE or CROPS
ARD THE EFFECTS.


Six weeks ago, the financial aspect, in
.dustrial condition and prospect for good
crops, cheap bread, demand for labor, in
crease of money and reduced interest
rates-in short, a rather sudden and GER
tain restoration of good times, were to our
feeble mind as yisllly commenced and as
plainly inaugurated as that the bright
morning sunshine at this moment of our
writing is pledge Of clear day. Only
few days ago did dark clouds re-appear;
first, farmer said his wheat mas in dan
ger, then another that he only expected a
half crop; the oats were next reported
fallen, potatoes diseased or blighted, and
then came voice of all, "the wheat crop
IS a failureP' Just now, our exchanges are
freightcd with cloudy news of general
failure in the new crop of wheat. from
New England to Wisconsin and from New
Jersey throueh Tie Middle States to Tndi-
ana, Illinois and Iowa--thcn again in the
northern tier of Southern States, from Vir-
gina through to Missouri-all rusted,
bighted, weeyiled, flooded, and diseased
from weather fleets. A few reports came
of fair average crops, but they are few in-
deed and far between. The rains and
damaging causes OF weather neglected to
visit certain favored spots, few and small
The great, wide, grain growing belt of the
equal, damaged, with little excet ton.
Already we hear men spcculaling upon
The effects of such failure. As usual, the
foolish consolation is urged, til at if the
yield of wheat is small the price will be
proportionabiy high, so that as much mon
ey will be realized by farmers as from
heavy crops. This might all be granted,
but the country is taxed with dear bread
at a time when labor Is in small demand
at low wages. MI the money for labor
must 90 for bread, and nothing be left for
clothing, rents, fuel. Manufacturers must
suffer; hands must be discharged, and a
thousand misiorunes- all from dear bread
1t will he remembered that in the crisis of
81 and 40, the crops failed and bread was
higher than ever before, vastly Increasing
distress Oh every hand. The country was
in a fair way to survive The panic of 1857
without protraeted perlod of prostration
like that of 81 70 40; but this failure of
crops must extend the panic to 1860. We
can see nothing else. Naturally high in
hope, we forsthe first time despair of bu-
siness revival at present, because of this
failure of the wheat crop. Hope for bet
ter times cannot Guido reason, facts and
dear bread when labor is very cheap
Demand and price for labor must be kept
even with demand AMI price of bread, 9th
erwise, ruin must follow.
Farmers, Of all others YOU can best man
age to get through; you can better stand
the failure Of the 'whest crop than any
other class of people, though at present
you feel the heaviest pressure. When the
time OF distress comes next fall and thereai-
ter, YOU will be best prepared for it. Do
not hope for better times at present.
There is deafness in the Man ufacturipg Q,
money vending and other producing ipstitu-
sions of the country and they can only be
re-anipated in time. We are at the
stand still period, more liable now TO a re-
lapse than to immediate recovery.