Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-07-30
nomestic Produce,


From the New York Journal Of Commerce, July 25.
The secuaton in lands, under which and
villages spng int existence almost in day. the building OF
that complicated network with their parallel and
competing running the farhest limits Of Western emra
sources Western sAtesaye all grown GU: Of the high
prices that have been paid during the last eS years Tor domes
the production of gold and parts OF the short
ened the old world and the great waste well as
reosed consumpion of food during Crmean While
wheat sold so 50 bushe and corn at 80 to
SO cents there business than farming lands
At the West then flush Of money, and
umed large quantity Of goods nrichng the trader and Civ
ing qekee circulation TO the golden tue la poured INTO
the interior rolled hack to the seaboard The railroads were
crowded with freight and passengers. and PAID large dEenGs
the white ships borne ready market abroad
ing avge importation OF foreign manufactures and max
ing rich freight the ship not the re-
vuson 1851 that ted the West parayzing trade cutting on
hardly enough left change srewng with commercial
wrecks highways lately ronge1 with the josg crowd
AZ speculators fallHg the demand for
produce Full ars abroad France Germany and Spain
enough their consumption and enabled the
former spare considerable surplus for England whose har
vest unusually fruitful Opinions have varied in
regard 10 the extent crop this country 1t
undoubtedly deficient localities but probably
to average the whole country The export demand and
drained th country horde upon cessation Of
demand, and consequent falling OF in prices these thou
sands OF little Cranare be filed, thus max
ing crop appear smaller than really and leaving less
surplus That largely increased stock OF wheat and
flour has been held east Of the Lakes during the whole Of e cur
question those whose Judgment
Lake compared with the reav diminish
EXPORTS show in Eastern supply during le36 OF
which has been taken increased consumption consequent
upon prices part held in stock throughout New
York and England Those who rdicued
Inmates this quite willing
TO and those papers which encouraged the
uaton produce. resulting dsarousy hardly
proach sufficiently the misery which they
have caused belief that there would
sout- the market until prices tad 50 far declined as TO
encourage export aud looked for such decnion
at The fros which desOated Of the
New York and Pennsylvania and also
we're in counties throughout the North
western growing States during the first week june
vented rapid falling prices that would otherwise have
experienced, encouraged spectators to hold the
hope recovering their position. The has pFolOng
sweet -four selling is losing the original holder not
dollars harTe and that of which has
soured is losing dollars per barrel We
aoag who unmgatsd good in high prices, or
ceran damage the country in low prizes of provisions There
will suffering ither because the Law Of comensa
ton all and is likewise
ton prosperity of the country likely be far more
erAte prices, than when everything inflated. The
prices produce and consequently The Of living, up s.
aud especially such
could regulated the relative value productive labor
keep pace with the advance, there great in
equality condition OF those entitled by their position
industry share alike in the prosperity. We look o
o. the breadstuds. Tn
of hose check the for which export
ers preparing but from present appearances tn
export be long delayed This demand will
restore prices, and probably will continued
should lead any considerable advance value But
take portion OF the llang surplus Of ne
wheat restoring the branch OF trade something like its oil
activity and giving impetus TO various branches Of HON
! industry.