Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1861-10-29

CO00eOtI8SeO WsoOOuD OOC0 wv w s~'J
see it, way out OF the present difficulty,
aud il evidently in . quandary ~ 70
which course to pursue, whether to ad-
vocatc war or peace or compromise. 1t
!. evident from its tone, however, that it
prsfers almost any thing to the Z mon I'M.
der the present Constitution. We copy
the following extract:
The American Republic is now involv-
ed in a life and death struggle which
takes all it's resources and energies. 1t
may fail in that struggle through the in
.riority OF its statesmen and generals
hardly otberwi.e. Should that inferior
ty be fairly demonstrated, and prove
practically irredeemab:e, we shall read'-
" acqnlesce 10 an immediate peace on
the best a.tainable terms. Whenever
pur rulers and leaders shall virtually adj
nit that they are unable to cope with the
rebels, and 1t is not practical to replace
them by ADLER and more energetic men,
We shall say that the next thing to be
lone Ia to ackno~Iedge and make terms
with the cotton Contederacy. Such
peace will blot the American Republic
from among the great nations OF the
earth, reducing it to the rank OF Span
and Prussia; bu, what cannot be cured
must be endured. Great Britain was
BUNDLED, not ruined, by the loss Of her
orncipa! American Colonies ; on the con
lrary she has been stronger since than
before. The Steam Engine and the Spin
ming Jenny repaired for her the disasters
of Saratoga and Yorktow and SO this
country, should it be it's lot by treason to
fall, may by genius and industry rise
again. It's greatest danger to-day is that
OF shameful compromlse,not All inglor-
Gus peace.
COn1essln. the Corn.
The monarch Of the mercantile world
just now is not cotton but corn. Our
last reports from England end with this
significant little paragraph : Bread
stufs firm but ercited" Parisians are
beginning to complain of the high
price of food. Both in Great Britain
and France the deficiencies of the har-
est are greater than either have yet
confessed, but they tell the truth in re-
gard 10 to each other. The London
Times says:
"Thc most painful intelligence from
France is the deficiency Of the part Of
the late harvest. The deficiency, it is
now ascertaincd, is much greater than
was previously supposed. France, it is
estimated, will be compelled to spend
forty millions sterling (about two hun
dred millions dollars) this year to make
up the dcfciency-an enormous SUN,
greater even than the failure which last
years harvest entailed upon ourselves
Tin Great Brittany We stated recently
that large quantities of flour were being
shipped from Liverpool to various ports
Of France; and now we learn that sixty
millions OF francs in gold have been
sent you to Russia TO purchase grain.
l'hls sad disaster will react upon the
English ma kct, and will affect, more or
less seriously, all the grain markets IN
the world. Happily, plenty Of grain fo'
xportatlon is to be had in Russia and
IN the western shores of the Atlantic.
Both Canada and the United States
will be importing largely into France
This is confirmed by other authorities
which have already produced great &C.
,ivity in our own grain markets. The
E,ie canal, it is said, floats four millions
OF bushels Of grain day, and yet this
and other means Of transportation can
not meet the demands Of the trade. The
world is prepa'ln. to do homage to the
new sovereign.