, 1861-12-30
England Discovers TINT she Doesn't
Want our Breadstutte.

[FIom the London Shipping Gazette.1
We are now in very different position com
We were suffering from the effects Of . deficient
harvest, both as respects yield and quslitJ. Now
We have remarkably fine crop on hand, and Of 2
lowE therefore, hat it is not absolutely necessary
nc should import the same quantity Of either
wheat or flour IRON the States, as 1t was during
freely a. ad5nit iii that ~ tic Consumption must
be bcral]y met during the next year Of the result
may be somewhat disastrous. The average i'm
during The last five years have amounted in round
numbers, to about 5,oo0,000 quarters. This sea-
son the arrivals have exceeded se0o, ,oo quarters,
1,s0o, ,oo0 quarters, have passed into eonsump--
tion. In the tgurcs for the first ten months Of
the present year. the States are represented to
have furnished Us with .2,056,6 6,636 quarters Of
gate, about 4,00r, coo quarters. This is al enor-
Mons quantity to draw from other sources OF sup
ply. I1encc, it is necessary that VIC should fnlly
eoneidcs the power Of those sources to meet the
Forthcoming deficiency in the luapoztatlons from
America, ftussia has, this year. supplied us with
enly 81 ,ss4 quarters Of wheat; but our advices
from Odessa etate that the crops in that quarter
have tnFned out unusually 1srge, and that the
quantity Of grain in warehouse at that port is
I5oo 0o0 quarters $50 ooo quarters being wheat,
tho remainder chiefly 1ndian corn. The produce
Of the wheat crop in Hungary is estimated at fully
onc-third larger than in 1862; whilst in Ger
as we = Il othc5 pa5ts Of the
rally express themselves well satisfied with the
result OF the harvest. We shall not, Of course, be
able to draw large quan'ites OF grain fEqm the Bal
we may look forward with some confidence to an
enormous Impnrt Of wheat both from the Danube
and & the Dlsek IS Sea- y Wheat Is nov freely offering
at Odessa at 2ss. to DIS. per quarter. II to these
figures VIC add freight, insurance, charges. &C., it
would cost, laid down in England. from 51s to 55s.
per anarter; As Odessa wheats are not worth
more than Els. to 56s. per quarter at Mark Lane<
these Prfcce do not appear very tempting to the
EpecElators, but, OF course, var with the States
would enhance the quotations considerably, aud
Admitting that there is no scarcity OF grain in
Russia, Prussia, Denmark. &C.. it is matter Of
deep interest for US to consider whether these
eay 3C0o,feD additional quarters Of wheat next
year. We estimate the quantity required at one
third lesa than the present years import from
tifni harvest gathered IN England. ciea1ly. al
men Of business will direct their energies to the
cheapeat markets in the world, and # is equally
produce to thoEe which offer the greatest amount
Of profit. Upon this principle operations Of 81 e1
tensiye character have already COMMENCED. ~ @
waEded to the Black Sea ports, both for present
and futare shipment but We haxe heard @ apRFs
| will alone prevent 60 rapid an outflow OF food
aB could be desired An immediate export ol
o.om quarters could not, Of course, be made; but
eventually there will be no want Of vessels tc
| War would naturally induce great caution Oh the
ding to America ysonld BE- released to bring gzsn
from the south Of Russia, at, perhaps. an import
ant rise in Ceights. We do not, therefore, regard
the contrary, We are perfectly satisfied that ou1
| imrortat1ons Of food during the coming year VII
equal in extent those Of the last four or i've sea
VIC 1nay require VIC shall be compelled to pay high
| er prices than those now current. The American;
may; if they please, take Tc!J different new Q
| our hreadsfuff importatious; hut coming event.
may prove that sone important miscalcnlations Il
reference to onr actual dependence upon them nas'
been made: The possession Of some ten million
ring the present year. appears tc bag sns e.
They xeem 70 view with delight the declins ,5;. Z
their import trade this year Of hundred million q,
Of dollars, the thirty millions increase in tn
exports compared With last season, and the tots
S tsss ba nhe
Is represented in the vaue OF breadstufs. and ina
any hoetile movement on the part Of Englan
We should then see more clearly than =. present
how Anesica can proper withoqs tta.t:: ; a ana =
should perhaps, find the war II the South @ eI2n$n
resources Of the Northern States, 50 far as har
catA Is concerned, must rely upon the omonnt r.. q
Ehsas cnr S. which thsy Ssn e1po,a 1n1sa - ~;
:. dried up-as Internationally they will be On th
81 breathing ont Of war-and all immense amount {
II paper money ,norefto be reteenfu e1sTPs g !ea
lnI loss to the holders must be issued. aru the
Il Let Us, then, be under 10 apprehension, nowev'
IasReo wants may be, that ne shall saiier TO
an inadequate supply Of food to maze good o.
repeat, we ahall hare to pay higher griocs on !,
Continent than we osherwise should. Hsre q
States to forward uberaqy; and It follows that o.
.. poee that we ehal1 be actually in want Of food
| an aheurlity. Beeides> It occurs to Us that
| should act wisely in drawing moro laTgcly ups
) | Coptinental resources, oven though wo Tnsy
main at peace with the Stales. were 1t only on t
principle OF an increased interchange o1 goo
and produce.