New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-17

ose, and too little Of the other. Whether wheat
at half dollar busbel viii clear of the debt CO.
trscted on the basis Of wheat at dollar remains 10
be SEEM
Grain 10 evidently beginning to move ia 10
West farmers .hrsshiDg out ana railroads bringing
it into msrket as We Losice that exchange is falling
rapidly. This process will probably continue. -
ne hope the farmers are BY this tune pretty wdl
convinced that those who get first into msrhe! viii
90 HON, With the most money. The, ought 10 -
go convinced, for during month past the story Of
lower prices has been repeated, VITA Additions
daily. Ihe great centers OF accumulation wA
thus become over stocked, holders OF great
amounts will be compelled to let them 90, seeing
there is no besinning to the demand nor any esA
to the supply, ard prices will collapse to tue mis-
cradle fgaIe necessary to ensble the iarmo's W
t.ke possession Of the magnificent fofe'sn ma'A~
which the Sham Democracy has been teacaisg
them wss sure to be continuously open. Tasy
will oct into it in time, but not yet When
wheat has gone down 60 low as to make tne pnce-
current hateful, they may hear OF their srao s~As
abroad and Of exchange on England fAlins' Jas
as they new hear Of the grain pouring int
C;nci, natl or Chicago, and of exchange on New
York declining The currency doctors VIII tnea
be- able to eIult over our immense export OF toods
and will doubtless congratulate themselves aud the
country " tn the usual spread eagle fiction oil our
feeding oil Europe, emitting of course, " add that
Wa do it at half price.
Rut one of the best informed men in the trade
ha I'd IN n
take our food in quantity sufficient to Affect the
price Of exchange. The crops there are so aound-
ant, and our imports enormous, that we cannst
ship enough at any price to stop the etux OF specie.
But of v bat avail is it that We ship tun of food
by one vessel and receive FIVE tuns in the shsPo oil
cloth BY another 1t is a gross delusion wickediy
practiced on the community, that ours Is a food
e,portips country and that farmers are to live
and grow rich by feeding foreign nstisns. The con.
trary is the fact. Instead OF consuming our own
food. We are eating that grown in Europe. can
oidste for the House of Commons, William Brown
of Liverpool, on one occasion declared that " Great
Britain lie the largest eraiu-eXP"rting country n
4" the world, although It Is impossible u estimssS
" accurately what quantity OF grain 10 consumed
" in preparing ESQ, 900, 900 value OF exports, ~
which We are so greatly benefited. 1t is placed
Z" in the laboratory of that wonderful intellectual
machine. man, which gives him the physical
"power, aided BY steam, of converting it int
:. broadclotb, calico, and hardware, and in those
shapes our wheats find their way to every
country in the world" This was said to English
farmers to convince them that any measure
that stimulated the production and export OF
manufactured goods, was in realty measure
for their benefit. Just 80 in our earliest colonial
history, it was argued in England that il the Amer
leans we're permitted to manufacture their own
hats and shoes, nails and clothing, the English
makers would b. thrown out Of employment, and
English farmers DO deprived Of market in conse-
Quence. They demanded, with one voice, that the
home market for their grain should be kept up BY
prohibiting us from all manufacturing. British
policy makes the same sXaction nov and carries
the point not by virtue of an act Of Parliament or
Orders in Council but by the aid Of accomplices
among ourselves. Yet, while thus gorgog us with
food in its most concentrated form, England takes
cotton from free Of duty only because the supe-
rloriiy OF our coarse fabrics had driven her out of
every foreign market, while on tobacco she imposes
a duty Of 200 per cent. In this country, with an
Dconcsivable infatustOn, the all powerful farming
interest Of the West puts its shoulder TO the wheel
in aid of the destructive policy If wheat again
goes down to 90 cents per busbel, and flour to
81 20 per barrel as it has done when similar inf.t-
uation prevailed, it is probable that tho greatest
sufferers will be those who most deserve it.