The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1859-09-23
[Irom the N. y. Tribune
Coming Events.

The wiseacres and currency doctors are
beginning to complain that England does
not take as much Of our wheat and flour
as she ought. The West, moreover, is be-
ginning to be troubled in the same way.
She has good reason for it. Wisconsin alone
is estimated to have crop Of IA, 600, 900
bushels of wheat, only four of which she
can consume, leaving 100000 to seek a
market elsewhere-enough at 81 bushel,
to pay all her debts for farms, merchandise,
and even such as some of her cities have
been laboring to repudiate. No act of Con-
gress having been passed to destroy the
crops as well as the manufactures, the coun-
try suddenly finds itself crowded with too
much OF the one and too little of the other.
Whether wheat at half dollar a bushel
will clear off the debt contracted on the
basis or wheat at dollar remains to be
seen. --h $3.50
Grain is evidently beginning to move in
the West, farmers thrashing out and rail-
roads bringing il into market, rs we notice
that exchange is falling rapidly. This pro-
cess will probably continue, as we hope the
farmers are, by this time pretty well con-
WINGED that those who get first into market
will 60 home with the most money. They
ought to be convinced, for during month
past the story of lower prices has been re-
peated, with additions daily. The great
centres of accumulation will thus become
over-stocked, holders Of great amounts will
be compelled to let them go, seeing there is
no beginning to the demand, nor any end
to the supply, and prices will collapse to the
miserable figure necessary TO enable the
farmers TO take possession of the magniti
cent foreign market which the Sham Dem
ocracy has been teaching them was sure TO
be continuously open. They will get into
il in time, but not yet. When wheat has
gone down so low as to make the price
current hateful. they may hear of their
grain going abroad and of exchange on
England falling, just as they now hear Of
the grain pouring into Cincinnati or Chica-
go, 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-eagie fic-
ton of our feeding all Europe, emitting, of
course, to add that we do il at half price.
But one of the best informed men in the
trade assures Us that Europe cannot be de-
pended OH to take our food in quantity suf-
iicient to affect the priceof exchange. The
crops there are so abundant, and our i'm
ports SO enormous, that we cannot ship
enough at any price to stop the effiux of
specie But of what avail is it thatwe ship
ton of food 10y on vessel, and receive FIVE
tons in the shape of cloth by another? 1t
is n gross delusion, wickedly practiced on
the community, that ours is a food exporting
country, and that our farmers are to live
aud grow rich by feeding foreign nations
The contrary is the fact. Instead of con-
suming our own food, we are eating that
grown in Europe. A candidate for the
House of Commons, Vim. Brown, of Liver
pool, on one occasion, declared that "Great
| Britain is the largest grain-exporting coun-
try in the world, although it is impossible
10 estimate accurately what quantity oi
grain is consumed in preparing $50 600, ,00O
value of exports, by which we are so great
| ly benefited. 1t is placed in the laboratory
/ of that wonderful intellectual machine, man
/ which gives him the physical power, aided
| by steam, of converting il into broadcloth
/ calico, and hardware, and in these shape:
( our wheats find their way To every country
I in the world This was said 10 EngliSl
farmers TO convince them that any measur,
that stimulated the production and expor
Of manufactured goods, was, in reality,
measure for their benefit.
just so in our earliest colonial history, i
was argued in England that ii the Amcri
cans were permitted to manufacture thei
own hats and shoes, nails and clothing, tn
English makers would be thrown out O
em ploy yment, and English farmers be &c
priyed of market in consequence. The,
demanded, with one voice, that the hom
maj ket for their grain should be kept up b,
prohibiting US from all manufacturing
British policy makes the same exaction now
aud carries the point, not by virtue of al
act of Parliament, or Orders in Council, bu
by the aid of accomplices among ourselves
Yet while thus gorging us with food il it
most concentrated form, England takes cot
ton from us free of duty, only because th
superiority of our coarse fabrics had driver
her out of every foreign market while ol
tobacco she imposes duty of 1900 pc
cent. In this country, with an inconceiva
ble infatuation, the all powerful farming in
terest of the West, puts its shoulder to tn
wheel in aid of the destructive policy. |
wheat again goes down to 20 cents pc
bushel, and flour TO 81 90 per barrel, rs i
has done when similar infatuation prevailed
it is probable that the greatest sufferers will
be those who most deserve it,