, 1861-11-11

English papers hint. and private advices contain
positive aesn1ancee, that the coming winter is to
lepe N the La
abundant, but in Ireland the potato crcp il fail
nre from the rot and famine IL only to be aver:ed
large population dependent upon that root for
subsistence. In France the grain crops, ii not
failure, are smaller than usual and the people
ct that country must also look abroad for some
part Of their supply. Our own harvest, on the con-
trary, though not so good ~ last year, either in
9aanti.y of quality, is yet q large one, and the
her deficiency. While We, therefore, crippled By
war, aumpeled to restrict ourselves il the con
sumption If ffozeisn manufactures and productions.
are secured a profitable export trade, France and
England are reduced to the necessity of putting
their operatives upon one third tfme oscause they
lost about onethird Of their market, and England,
at least will be compelled to resort to Il large I'M
pert trade to provide them with the necessafes Of
We must rot lose sight OF the fact. however,
fsem which Western Europe draws her supplies
Central Europe and the Mediterranean send her
vat stolss from theiE overplqs and the market is
crop. drew from this country only about one,third
ePs nj iba9 sh
be made up, in part, By greater demand for Indi-
an corn to supply the want produced by the failure
Id a1:e eSpo trsds
breadstnfe, it il nevertheless well to he cautious
1t is rot improbable that other grain producing
countries, calculating that the same cause which
has Put an end to our expert Of cotton may
affect also our production and export OF grain have
provided for a larger supply than usual. and are
ready to meet what they presume viii be an unu.
eua1ly profitable market. To this is due, in mea
cure. the fact that the export Of breadstuff. to
England is Eot at this moment profitable opera
| tion where immediate sales are required; though
possibly now, at come former periods, the price oi
breade1ufs ID Temporarily kept down hy the forcing
Of the potato crop upon the market. which the Ger
| tainty Of the rot renders it impossible to hold
| The export, neyertheleRa, continues active, ami
very little is stored here with the expectation OF
riss abroad This may be realized hut the posi-
bitty Of larger trade supply for England sns
France, II needed, from other quarters, On the eup
Rothitioe that ours may fall Short ehoald not los
1t il well foJ ua, moreover, to remember tbs
ured by former years: Four hundred thousan.
men under arms and In the field consume NOR
than the same number Of men In times Of peac
and at home. The supply Of an army IN itself In
wolves waste, while the individual soldier, fed q
the public expense, is abundantly supplied, an
more food, Sc nation. this year thai ever before
and while our supply is ample for our own COZ
sumption ard for purposes Of commsrce beside,
| lie well to keep these within bounds, lest, Whtl
We are looking for high prices abroad, we ma
suddenly find That we hsSe produced them j. 2
foreign countries in our fayor, 1t possible, and
be importers. and not exporters, cf gold. II v
| overrun our market abroad at the outset, We ehA
| reverse the sorder OF high and low prices to on
own confusion and 1oes, in more WAys than ont
In the new condition Of commercial relations u
and may save us come repentance when it will !
too late to do any thing but repent.