The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1859-10-01

/ let them 60, seeing there is no beginning
to the demand nor any end to the supply,
and prices will collapse to the miserable
figures necessary to enable the farmers to
take possession OF the magnificent foreign
market which the Sham Democracy has
been teaching them was sure to be con-
tinuaIly open. They will get into it in
time, but not yet. When wheat hos gone
| down SO low as to make the price current
hateful, they may hear of the grain going
abroad and exchange on England falling
just as they now hear of the pouring into
Cincinnati or Chicago, and Of exchange
on New York declining. The currency
doctors will then be able to exult over
our immense export of food, and will
doubtless congratulate themselves and
the country with the usual spread eagle
iiction Of our feeding all Europe, emitting,
of course, to add that we do it at half
price.
But one Of the best informed men in
the trade assures US that Europe cannot
be depended on to take our f, Cd in quaint
ity sufficient to affect the price of ex-
change. The crops there are so abund-
ant, and our imports so enormous, that
we cannot ship enough at any price to
stop the efflux of specie. But Of what
avail is it that we ship a tun of food by
one vessel and receive five tuns in the
shape of cloth by another? 1t is a gross
deusion wickedly practiced on the COM
munity, that ours is food-cxpor ing
country. and that our farmers are to live
and grow rich by feeding foreign nations.
| The contrary is the fact, Instead of con-
suming our own food, We are eating tnat
grown in Europe. A candidate for the
House of Commons, William Brown of
Liverpool, on one occasion declared that
"Great Britain is the largest grain ex-
"porting country in the world, although
"it is impossible to estimate accurately
'whas quantity Of grain is consumed in
.'preparing ESQ, ,000, 900 value of exports,
| "bF which we are so greatly benefited -
| at is placed in the lab, r,tory Of that
"wonderful intellectual machine, man,
(Which gives the physical power. aided
by steam, Of converting it into broad
"cloth, calico, and hardware, and in these
:sshapes our wheats find their way to eve
ssrv country in the world" This vas
said to English farmers to convince them
that an, measure that stimulated the pro
duction and port Of manufactured goods,
was in reality measure for their benefit.
Just 50 in our earliest colonial history, it
was argued in England that if Americans
were permitted to manufacture their own
hats and shoes, rails and clothing, the
| Ene,ish makers would be thrown out of
| employment. aud English farmcrs - de-
prived Of market in consequence. They
| demanded, with one voice, that the home
market for their grain should be kept up
! hy prohibiting US from all manufacturing
! British policy makes the same exactlon
now, and carries the point, not by virtue
! Of an act of Parliament or Orders in
/ Council, but by the aid Of accompliocs
among ourselves. Yet, while thus gorg.
! ing US with food in its most concentrated
! form. England takes cotton from Us free
of duty only because the superiority of
our coarse fabrics had driven her ont of
every foreign market. while on tobacco
she imposes duty of 1900 per cent -
In this country, with an inconceivsb|c in
fatuation. the all powerful farming inter
est of the West put its shoulders to the
wheel in aid of the destructive policy
If wheat again goes down to 20 cents per
bnshcl, and -four to 81 20 per barrel, as
! it has done when simular infatustion pre-
vailed, it Is probable that the greatest
sufferers will be those who most deserve
! it.