, 1861-11-06
1860.

..&.
6ssSShsat dsS / SS5S$S 81 81
Meadow 1sss 9as a,sss s. sasss ass 10
HE Corn Trade In France and Eng.
land.
From the Mark Lane Express Oct 141
The movements in the corn trade in France at
the present time form singular contrast with
those Of the United Kingdom. There all is acttv-
measures for al1evfat1ng as much Us possible the
effects Of the late deficient harvest, and prevent
veil as for RESTRAINING The price Of bread to mod
crate rate. An edict has just been issued for the
remission Of all port;chafges and other: public
rendering every possible facility for is BE-
s & hs t. meet a The
the other hand, the purchasers Of wheat in the
United States and at the ports Of the Baltic On
Ire e e. on 20 os! i
stocks Of that grain and Of -four are completely
cleared Of fouf:ifths Of the purchases being made
count. Forly:three vessels, grainiadens arrived ed
at HaVre between Monday and Thursd,s ? Of tie
laet week, and thirty -lonr others arrived on tie
expected in few days 1t MarseiiIes the % Wheat s
aud -four are sent into the interior for csugunn-
ton as fast az they arrive, that there is very
aAAG1S aet4A048AAVAs 1AAA Il IL elAE2u I0AG the
importations were to cease for a fortnight.
p1icee would inevitably advance. It is consid.
cred indispensable that the importations should
continue throughout Ihe season, to meet the cur
rent demand. The quantity imported into France
IN the Two months OF August and September alter
deduct3rg what was exported, is 207s 3l9 metrical
Quln tals-squa to 967 563 quarters, which viii 90
but small way towards meeting the enormous
deficiency OF one-th1ru Of the average produce,
Thsaoss Of the chestnut crop adds greatly to the
large part Of theF subsistence. Lavergne eati-
mates the extent Of land covered By the Chestnut
At 500. 900 heetafes-eaaal to i,sa,&5 acres, and
Etates that the Inhabitants OF the meuntainoqs
districts In winch 1t is found, live chiefly on the
fruit. The entire failure, therefore, OF this re-
source VIII render necessary the importation of
large quantity Of other cereal food TO supply the
Coupling these circumstances with an acknov1-
edged deficiency in our own crop Of wheat to the
eAtenttf onet1tth, or upwards Of three millions
quarters, added to standing requirement of an in
portat1on Of five million quarters under ordinary
circumstances. it is ditic1It any rational pria-
clpEl to account for supincness of the English
merchants, and for the declining tendency Of the
English markets. The imports into London ia
tae T. te se1 mesths @ Of Aug4at and September amount
exported leaving balance Of 16l 918 qrs for home
cons1m1ion my ion L s psetabl: that fully that bal
millere. and that if any accumulation has accrued
it is to very smalt amount.
Three weeks since, re pointed out the certainty
about to e1iter would be the most powerful orr
country had ever xperienced; and that unless our
massets M adEanSsd, Ct the French markets receded,
SO as 10 Df1bg The tWO countries upon sometime
like parity In respect to price, we should certain.
y lose the opportunity of obtaining the supply
that vii be required to meet the consumption of
the country. AID cover the deficiency ia the crop
The hint has not had any effect for so far from
adsanciGg, the price Of wheat in Mark Lane had
1ece9sd 1st EsvetM shings per quarter previous to
oi reluctant chilling, yielded with so bad grace
ny me mllle5s 80 if It we're species OF robbery.
u y true t9at the influence Of unusually large
aI11vals, AID the dogged determination OF tie
English mtllers to keep down prices til fhev kaid
IN esT stacks, and, above ALL the rise in tie dis
ny Il IL nn e
-four in the. markets Of Paris and the French de-
pa1tmepts. But the price, aoar in Paris Is still
at the rate Of 9s per sack Of $50 a above that in
LoLGon and it ie certain that the apparent glut
Of wheat at the French shipping ports viii speed
in very few weeks we thal1 find them repeating
the operation that has taken place aIready in al
me Mheat exporting countries, a. well as in the
moyements have hitherto Affected us, and Whist
Vii be the effect Of their operations during the
From rough calculation Of the arrivals at
Aavre the last four or five days, the quantity Of
wheat and flour On board the seventy-seyen veg
tsls tSa+ 70 upward Of d1oo quarters aud
M Snsas 3 oo barrels S Of 9ar a9d
thpe convey it ACROSS tie Atantic. Now it l2s 4
certain that if this demand had cot sprune in in
sde sEaance az q the greater part of the wheat and
certainly all wanted here. The merchants already
begin TO complain Of this &lienation Of tie usual
1'an9 Commissions which extends, to the Baltic and
hs st ss e But wf he s: Il t. ii tqss P, q
ae m we have e. shown. are stll far ahead
e ana hsEe + n nG d9nS that r
obtain what they require. But it is impossible IN
the present state Of commercial relations between
the tw9 countries that 90 large discrepancy SO 9.
per eack OF honr, or 12s per Or Of wheat. can be
maintained for any length Of time, We mav eafe.
y assume it as certain that the preeent French
as ,h 1seede until another
stand no chance Of obtaining an adequate sunpIv
of wheat unless we keep npon par with Fraice
IN price There is therefore necessity Of an in
menths, i not weeks. The '@ additional res. res
sot sop 81 f9f fensson TIL opoP II Is hs The recent
merchants Of that country IN perfectly new posi-
tion. Hitherto England had enjoyed monopoly
to which all the stocks OF the world Were sent. sud
from whence other countries were supplied, when
their necessities rendered relaxation Of the re-
French merchan:s will now be permanent COMMIT
ltors with tho:e Of England in this trade; aud M
Ices the latter act with more v1gor tan they have
1ate'y eVlnced, they must necessarily lose their
co1nmiseions, and. moreover, viii very soon have
topu'chase IF the French at greatly ADVANCED
prices.
Under thege circumstances the supiueness Of tho
Eps1th b merchants and the reluctance they sxhihit
TO follow the French in the advance. is surprising
heard expressed that the latter viii soon hscome
oyerstocked, and will be glad to slip it back to
Ensana. Fl M there may be truth in it; We shall have
well aware that not less than sixteen m;llion ouar
tefe VIII be required tor the two countries and |
qSSen be ohtsnsd The
other; and only little item that Of 13rite Will